PREWIT

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 50253District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$61.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$3.6 M
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
OilDisposition836,895 bbl$49,492,122
Casinghead gasProduction3,570,838 Mcf$12,149,913
Total$61,642,035

Wells on this lease (6)

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 31.3978, -103.4921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.39632, -103.49222 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
10,621 ft
6 wells filed one
Completion to plug
7.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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

Between 10,319 and 11,700 ft, median 10,621 ft, over the 6 wells that filed a depth.

Completions filed
Dec 2012 – Nov 2019
6 of 6 wells
Plug dates filed
Oct 2019 – Mar 2026
2 of 6 wells; 4 filed none

Last completion to plug: a median of 7.1 years across the 2 wells that filed both dates, with the middle half between 6.9 years and 7.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-38937394T 45H10,408 ftNov 2019
42-38936313U 49H10,675 ftJun 2019
42-38937011U 31H10,663 ftJun 2019
42-38937393T 36H10,319 ftDec 2018Mar 2026Yes
42-38936312U 40H10,578 ftAug 2018
42-38933095211,700 ftDec 2012Oct 2019Yes

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 20262,74519,318106.413.05$350,935
Apr 20262,85518,72898.932.87$336,189
Mar 20263,00018,60789.753.15$327,852
Feb 20262,91616,92363.503.75$248,633
Jan 20263,47016,99459.138.00$341,098
Dec 20253,35418,49156.664.41$271,645
Nov 20253,67518,26258.593.93$287,023
Oct 20254,24918,67259.383.30$314,014
Sep 20253,27616,44962.743.08$256,149
Aug 20253,51916,98663.933.01$276,178
Jul 20253,76415,77466.743.32$303,503
Jun 20253,26712,46266.483.13$256,180
May 20252,29912,13660.553.23$178,432
Apr 20252,6968,92262.363.54$199,734
Mar 20251,9332,45367.704.27$141,334
Feb 202535274870.884.34$28,197
Jan 20251,0031,56774.324.28$81,248
Dec 20241,3362,57068.993.12$100,193
Nov 20241,2605,21469.052.20$98,466
Oct 20241,4958,99071.372.28$127,208
Sep 20241,7318,43469.612.36$140,436
Aug 20241,74711,43975.632.06$155,731
Jul 20241,81212,26179.932.15$171,153
Jun 20242,20213,40478.082.63$207,238
May 20242,20713,96778.812.20$204,639
Apr 20242,17912,77584.451.66$205,213
Mar 20242,09714,02080.301.55$190,052
Feb 20242,06814,06576.091.78$182,441
Jan 20242,56915,81873.023.30$239,751
Dec 20233,00120,91471.262.61$268,452
Nov 20233,33026,36977.892.81$333,406
Oct 20232,96924,20185.443.09$328,387
Sep 20233,79622,53489.042.74$399,627
Aug 20233,40020,75780.522.67$329,249
Jul 20233,44822,51174.852.64$317,552
Jun 20233,42627,06068.962.26$297,371
May 20233,96430,31270.622.23$347,455
Apr 20233,82227,54978.122.24$360,223
Mar 20233,88627,43972.852.39$348,761
Feb 20234,48231,78775.112.47$415,020
Jan 20235,51438,56876.533.39$552,644
Dec 20225,55436,92676.415.73$635,933
Nov 20225,14337,16185.005.65$646,973
Oct 20225,53837,87187.185.86$704,869
Sep 20225,56139,47184.888.16$794,246
Aug 20225,57041,79294.529.13$907,919
Jul 20225,49838,314101.587.54$847,454
Jun 20226,29737,886115.097.98$1,026,946
May 20224,76437,796109.378.43$839,774
Apr 20225,07236,609104.226.84$778,922
Mar 20227,05742,629108.885.08$984,768
Feb 20226,91137,94091.054.86$813,591
Jan 20226,49941,09081.844.54$718,331
Dec 20217,22241,75471.323.90$677,877
Nov 20216,42138,04377.435.24$696,404
Oct 20217,27044,32379.795.71$833,329
Sep 20217,48046,27369.865.35$770,156
Aug 20217,57448,01666.024.22$702,691
Jul 20217,88547,86770.783.98$748,711
Jun 20217,67646,54269.493.38$690,746
May 20218,39950,23963.483.02$684,773
Apr 20218,79850,53960.362.76$670,455
Mar 20218,19144,67561.302.72$623,488
Feb 20217,21443,98257.805.55$660,979
Jan 20219,21954,02450.412.81$616,552
Dec 20209,96855,33044.642.68$593,005
Nov 202010,14058,41838.772.71$551,240
Oct 202010,88759,01436.972.48$548,754
Sep 202010,56348,49337.091.99$488,333
Aug 202010,15049,64539.982.39$524,205
Jul 202010,80251,55638.371.83$508,569
Jun 202011,31451,26534.901.69$481,512
May 202011,42950,71316.921.81$285,410
Apr 202011,46955,79814.751.80$269,849
Mar 202014,12961,42530.341.86$542,693
Feb 202013,65656,84949.881.98$793,760
Jan 202014,81162,59857.252.09$979,056
Dec 201914,82059,18459.012.30$1,010,909
Nov 201915,76163,00855.302.75$1,044,899
Oct 201917,31866,27553.472.42$1,086,282
Sep 201917,93473,06755.052.66$1,181,426
Aug 201922,57793,87353.112.30$1,415,382
Jul 201921,16774,02856.272.46$1,373,180
Jun 201923,39874,94752.782.49$1,421,654
May 201926,47381,40958.482.74$1,771,228
Apr 201929,65993,00662.632.75$2,113,375
Mar 201942,878115,24456.803.06$2,788,359
Feb 201941,64496,96150.852.79$2,388,334
Jan 201940,81086,59446.033.23$2,158,025
Dec 201812,88931,36146.594.19$731,758
Nov 201820,72945,96152.934.24$1,291,934
Oct 201819,81845,76661.443.40$1,373,134
Sep 201825,03050,81459.543.11$1,648,216
Aug 201825,74550,02459.403.07$1,682,655
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                2,745 bbl  × $106.41 =   $292,095
Casinghead gas    19,318 Mcf  × $  3.05 =    $58,840

────────────────────────────────────────────────────
Month total                                 $350,935

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/50253 is the state's own key, not one this site invented.