CARPENTER STATE B

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) 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 50228District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.7 M
Mar 2018 – May 2026
Value, last 12 filed months
$6
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
OilDisposition395,625 bbl$23,994,106
Casinghead gasProduction1,002,642 Mcf$3,669,073
Total$27,663,179

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 31.1714, -103.5364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.17140, -103.53636 · 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
10,339 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 10,339 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-38936283U 39H10,339 ftMar 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 202600106.413.05$0
Apr 20260298.932.87$6
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20253971,61660.553.23$29,262
Apr 20256872,54162.363.54$51,844
Mar 202519873867.704.27$16,555
Feb 20256052,43270.884.34$53,439
Jan 20259333,54874.324.28$84,521
Dec 20241,1084,15868.993.12$89,420
Nov 20241,3085,36669.052.20$102,114
Oct 20241,5735,23571.372.28$124,208
Sep 20241,8845,12669.612.36$143,265
Aug 20242,2385,46675.632.06$180,540
Jul 20242,4135,19879.932.15$204,029
Jun 20241,8774,15078.082.63$157,487
May 20241,4634,27878.812.20$124,704
Apr 20242,1247,65684.451.66$192,075
Mar 20241,3768,86680.301.55$124,192
Feb 20241,4519,26576.091.78$126,932
Jan 20241,8319,15873.023.30$163,900
Dec 20231,5937,80871.262.61$133,902
Nov 20237745,94277.892.81$76,969
Oct 20231,2026,77985.443.09$123,628
Sep 20231,1645,44289.042.74$118,527
Aug 20231,4766,77980.522.67$136,967
Jul 20231,9278,19074.852.64$165,872
Jun 20231,8687,11668.962.26$144,889
May 20231,8746,45170.622.23$146,711
Apr 20231,9536,15578.122.24$166,342
Mar 20231,5029,82972.852.39$132,943
Feb 20231,46710,43075.112.47$135,903
Jan 20231,78311,40876.533.39$175,100
Dec 20221,7759,83776.415.73$191,985
Nov 20221,90211,35585.005.65$225,783
Oct 20222,17812,85787.185.86$265,268
Sep 20221,97712,43484.888.16$269,315
Aug 20222,40514,23594.529.13$357,246
Jul 20222,56814,879101.587.54$373,076
Jun 20222,45815,344115.097.98$405,293
May 20222,59417,376109.378.43$430,238
Apr 20222,56417,290104.226.84$385,442
Mar 20222,62516,830108.885.08$371,246
Feb 20222,38015,51391.054.86$292,074
Jan 20222,79217,44481.844.54$307,653
Dec 20213,18119,55871.323.90$303,128
Nov 20212,93020,48677.435.24$334,152
Oct 20213,30922,52179.795.71$392,707
Sep 20213,27322,38869.865.35$348,448
Aug 20213,67923,83966.024.22$343,502
Jul 20213,88925,05070.783.98$375,015
Jun 20214,02326,71869.493.38$369,882
May 20214,26422,82463.483.02$339,554
Apr 20213,84411,70960.362.76$264,322
Mar 20211,6445,60461.302.72$116,003
Feb 20213,1437,95757.805.55$225,810
Jan 20212,8738,31650.412.81$168,198
Dec 20202,8809,62544.642.68$154,315
Nov 20203,46310,46238.772.71$162,577
Oct 20203,46411,42036.972.48$156,368
Sep 20203,67511,36337.091.99$158,930
Aug 20204,22011,83339.982.39$196,938
Jul 20204,21611,32038.371.83$182,428
Jun 20204,91011,07134.901.69$190,072
May 20205,46610,57516.921.81$111,676
Apr 20206,89014,19314.751.80$127,237
Mar 20203,88311,99730.341.86$140,079
Feb 20204,35710,96149.881.98$239,037
Jan 20204,89612,52857.252.09$306,539
Dec 20194,94413,21859.012.30$322,204
Nov 20195,37912,32655.302.75$331,364
Oct 20195,31712,99253.472.42$315,722
Sep 20195,23511,50655.052.66$318,761
Aug 20195,91014,00953.112.30$346,162
Jul 20196,17911,08056.272.46$374,950
Jun 20196,59310,77552.782.49$374,821
May 20196,0444,67958.482.74$366,275
Apr 20194,7413,88862.632.75$307,624
Mar 20196,5447,91556.803.06$395,936
Feb 20199,04013,96250.852.79$498,669
Jan 201912,97117,21246.033.23$652,619
Dec 201811,34410,60546.594.19$572,904
Nov 20187,8726,97352.934.24$446,211
Oct 20184,3393,87561.443.40$279,756
Sep 20187,4749,98659.543.11$476,038
Aug 20189,0389,42559.403.07$565,760
Jul 201815,35219,94865.142.93$1,058,514
Jun 201822,39925,08960.183.08$1,425,169
May 201817,02317,79465.382.90$1,164,581
Apr 201825,94426,92563.842.90$1,734,369
Mar 201833,30431,62061.222.79$2,126,991

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas         2 Mcf  × $  2.87 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/50228 is the state's own key, not one this site invented.