BALMORHEA STATE I

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 50601District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.5 M
May 2018 – May 2026
Value, last 12 filed months
$239 k
at the published price for each month
Months reported
97
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
OilDisposition297,473 bbl$17,878,830
Casinghead gasProduction813,636 Mcf$2,627,733
Total$20,506,562

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 31.3083, -103.5093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30826, -103.50930 · 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
10,448 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 10,448 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-3893644310H10,448 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 (97)

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

97 months

May 202610106.413.05$106
Apr 20261398.932.87$108
Mar 202636089.753.15$3,231
Feb 20263671,50663.503.75$28,952
Jan 20261291,18359.138.00$17,089
Dec 20254391,23856.664.41$30,337
Nov 20252261,29658.593.93$18,330
Oct 202520046159.383.30$13,400
Sep 20253251,92062.743.08$26,298
Aug 20253691,40063.933.01$27,811
Jul 20255591,46666.743.32$42,168
Jun 20253971,60866.483.13$31,424
May 20255121,49460.553.23$35,831
Apr 202529412,95462.363.54$64,231
Mar 202521910,16267.704.27$58,201
Feb 20253568,75370.884.34$63,229
Jan 202551510,26574.324.28$82,195
Dec 20244039,86468.993.12$58,592
Nov 20243039,45469.052.20$41,706
Oct 202465810,16371.372.28$70,147
Sep 20247398,65569.612.36$71,905
Aug 20244948,51175.632.06$54,925
Jul 20245938,40779.932.15$65,445
Jun 20246248,96578.082.63$72,336
May 20241,0109,66278.812.20$100,839
Apr 20245825,41484.451.66$58,133
Mar 20243497,15280.301.55$39,075
Feb 20244178,79276.091.78$47,411
Jan 20246179,29373.023.30$75,698
Dec 20233487,04771.262.61$43,196
Nov 20231,11310,96077.892.81$117,462
Oct 202378611,49085.443.09$102,629
Sep 202373710,62089.042.74$94,669
Aug 202375688980.522.67$63,249
Jul 20231,6322,52674.852.64$128,828
Jun 202323118468.962.26$16,345
May 2023921,46470.622.23$9,758
Apr 202319262578.122.24$16,398
Mar 202320022472.852.39$15,106
Feb 202351075.112.47$3,831
Jan 20230076.533.39$0
Dec 20221,2933,18476.415.73$117,040
Nov 20221,6674,28985.005.65$165,912
Oct 20221,8124,74687.185.86$185,800
Sep 20221,7824,71184.888.16$189,715
Aug 20221,7305,00394.529.13$209,183
Jul 20221,8925,150101.587.54$231,031
Jun 20221,9035,302115.097.98$261,311
May 20222,0975,361109.378.43$274,558
Apr 20221,9085,222104.226.84$234,558
Mar 20222,1715,389108.885.08$263,735
Feb 20221,8264,95591.054.86$190,333
Jan 20221,9416,09081.844.54$186,486
Dec 20212,3406,21271.323.90$191,110
Nov 20212,0506,11377.435.24$190,744
Oct 20212,3926,53579.795.71$228,198
Sep 20212,2866,24469.865.35$193,111
Aug 20212,4416,63966.024.22$189,175
Jul 20212,3606,70570.783.98$193,741
Jun 20212,4276,28669.493.38$189,903
May 20212,5646,61063.483.02$182,710
Apr 20212,2627,01560.362.76$155,885
Mar 20213,1697,17161.302.72$213,743
Feb 20212,4965,32657.805.55$173,817
Jan 20213,3414,46350.412.81$180,962
Dec 20202,2046,81144.642.68$116,609
Nov 20201,7466,12438.772.71$84,267
Oct 20202,6436,98736.972.48$115,029
Sep 20202,7345,99637.091.99$113,342
Aug 20202,8486,46539.982.39$129,283
Jul 20202,8446,98738.371.83$121,876
Jun 20202,9446,57534.901.69$113,859
May 20202,7765,79416.921.81$57,485
Apr 20203,1957,76814.751.80$61,143
Mar 20203,2386,90330.341.86$111,054
Feb 20203,3927,08849.881.98$183,232
Jan 20204,12610,06257.252.09$257,291
Dec 20194,68111,40159.012.30$302,498
Nov 20194,91612,78455.302.75$307,020
Oct 20195,24114,41553.472.42$315,100
Sep 20195,25714,50955.052.66$327,952
Aug 20194,62111,53753.112.30$272,007
Jul 20196,59717,57756.272.46$414,454
Jun 20196,87017,79752.782.49$406,934
May 20198,84820,41358.482.74$573,369
Apr 20195,14412,18462.632.75$355,683
Mar 20196,80714,50456.803.06$431,050
Feb 20196,02612,67850.852.79$341,822
Jan 20197,61514,39646.033.23$396,991
Dec 20186,18911,34546.594.19$335,829
Nov 20188,21115,13052.934.24$498,718
Oct 201813,73824,67461.443.40$927,907
Sep 201815,36629,48059.543.11$1,006,515
Aug 201816,65230,66259.403.07$1,083,156
Jul 201823,96743,12065.142.93$1,687,633
Jun 201836,01560,57060.183.08$2,353,752
May 2018010965.382.90$316

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                    1 bbl  × $106.41 =       $106
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/50601 is the state's own key, not one this site invented.