GRIZZLY BEAR 7780 3U

Operated by PDC PERMIAN, INC. (P-5 646832) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50032District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$583 k
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition204,271 bbl$11,581,988
Casinghead gasProduction1,267,497 Mcf$4,041,174
Total$15,623,162

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.3892, -103.5904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38924, -103.59044 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,426 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,426 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-38936484A 3H10,426 ftAug 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (99)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

99 months

May 20264784,665106.413.05$65,073
Apr 20266243,74398.932.87$72,474
Mar 20265314,11889.753.15$60,627
Feb 20265675,26763.503.75$55,757
Jan 20265243,97359.138.00$62,760
Dec 20254237,32956.664.41$56,313
Nov 20252311,98758.593.93$21,336
Oct 20253636,30059.383.30$42,375
Sep 20252996,83162.743.08$39,778
Aug 20252525,61763.933.01$33,044
Jul 20253426,69166.743.32$45,007
Jun 20251745,37766.483.13$28,391
May 20254465,63860.553.23$45,229
Apr 20253695,42862.363.54$42,243
Mar 20254764,94767.704.27$53,341
Feb 20255814,78470.884.34$61,948
Jan 20256265,00874.324.28$67,952
Dec 20244553,27968.993.12$41,625
Nov 20245465,81269.052.20$50,479
Oct 20243965,20871.372.28$40,144
Sep 202440334969.612.36$28,878
Aug 202423720475.632.06$18,345
Jul 20243424,22279.932.15$36,399
Jun 20243046,37578.082.63$40,528
May 20243207,19878.812.20$41,044
Apr 20244187,23284.451.66$47,299
Mar 20244937,78280.301.55$51,612
Feb 20244478,01676.091.78$48,310
Jan 20246588,54173.023.30$76,212
Dec 20235268,29871.262.61$59,147
Nov 2023228,51977.892.81$25,631
Oct 20231,1379,59885.443.09$126,777
Sep 20235049,58989.042.74$71,102
Aug 202354610,44380.522.67$71,877
Jul 20235169,81274.852.64$64,544
Jun 20234218,42168.962.26$48,051
May 20235088,75170.622.23$55,367
Apr 20235287,40778.122.24$57,822
Mar 20235348,36872.852.39$58,928
Feb 20236167,88975.112.47$65,720
Jan 20235838,75076.533.39$74,260
Dec 20225719,40676.415.73$97,518
Nov 20225518,68585.005.65$95,872
Oct 20226759,49087.185.86$114,494
Sep 20222744,37284.888.16$58,949
Aug 20222333,26794.529.13$51,842
Jul 20223193,495101.587.54$58,764
Jun 20221001,665115.097.98$24,791
May 20225275,531109.378.43$104,281
Apr 20225477,140104.226.84$105,829
Mar 20221,26115,386108.885.08$215,403
Feb 20221,08111,35491.054.86$153,592
Jan 20221,40113,44781.844.54$175,676
Dec 20211,43918,91671.323.90$176,385
Nov 202162513,29577.435.24$118,018
Oct 20211,16317,38779.795.71$192,143
Sep 20211,30319,46469.865.35$195,178
Aug 20211,18715,58366.024.22$144,135
Jul 20211,30416,38070.783.98$157,524
Jun 20211,37417,87269.493.38$155,898
May 20211,56118,05163.483.02$153,564
Apr 20211,73616,12560.362.76$149,264
Mar 20212,09116,51561.302.72$173,049
Feb 20211,67613,85957.805.55$173,762
Jan 20212,05218,43150.412.81$155,237
Dec 20202,26418,29144.642.68$150,002
Nov 20201,90816,86638.772.71$119,622
Oct 20202,25018,88036.972.48$129,975
Sep 20202,29118,38137.091.99$121,571
Aug 20202,44321,06339.982.39$147,909
Jul 20202,50721,39238.371.83$135,237
Jun 20202,46117,38334.901.69$115,272
May 20202,63018,46916.921.81$78,016
Apr 20202,69519,29114.751.80$74,560
Mar 20203,29120,16730.341.86$137,284
Feb 20203,67222,50349.881.98$227,730
Jan 20204,18922,27757.252.09$286,485
Dec 20194,31422,40459.012.30$306,196
Nov 20194,32322,74855.302.75$301,635
Oct 20194,46228,30053.472.42$307,028
Sep 20194,35129,11855.052.66$316,897
Aug 20194,27527,43953.112.30$290,275
Jul 20194,75029,30156.272.46$339,365
Jun 20195,54528,73752.782.49$364,255
May 20196,17129,48858.482.74$441,687
Apr 20196,54527,37662.632.75$485,217
Mar 20196,15829,02356.803.06$438,646
Feb 20196,49625,52350.852.79$401,587
Jan 20198,55529,55746.033.23$489,202
Dec 20189,85630,60146.594.19$587,270
Nov 201812,35935,48852.934.24$804,533
Oct 201817,51839,96061.443.40$1,212,093
Sep 201821,34243,07559.543.11$1,404,580
Aug 20188331,51459.403.07$54,123
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  478 bbl  × $106.41 =    $50,864
Casinghead gas     4,665 Mcf  × $  3.05 =    $14,209

────────────────────────────────────────────────────
Month total                                  $65,073

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/50032 is the state's own key, not one this site invented.