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CARPENTER STATE D

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 51261District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$17.8 M
Oct 2018 – May 2026
Value, last 12 filed months
$700 k
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition264,589 bbl$15,385,166
Casinghead gasProduction682,081 Mcf$2,464,143
Total$17,849,310

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 31.1727, -103.5432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.17272, -103.54322 · 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
10,305 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 10,305 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-38937061U 16H10,305 ftOct 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 (92)

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

92 months

May 2026476989106.413.05$53,664
Apr 202647492698.932.87$49,550
Mar 20265571,08589.753.15$53,408
Feb 20264871,07163.503.75$34,941
Jan 20265431,21459.138.00$41,817
Dec 20256561,24456.664.41$42,659
Nov 20256501,24458.593.93$42,968
Oct 20258972,14059.383.30$60,336
Sep 20251,0942,55262.743.08$76,490
Aug 20251,0442,76763.933.01$75,085
Jul 20251,1952,69566.743.32$88,689
Jun 20251,0952,40166.483.13$80,308
May 20251,0742,45860.553.23$72,976
Apr 20251,1222,50262.363.54$78,833
Mar 20251,2072,53967.704.27$92,551
Feb 20251,0912,27170.884.34$87,188
Jan 20251,3612,68274.324.28$112,625
Dec 20241,3652,71668.993.12$102,649
Nov 20241,4843,38269.052.20$109,905
Oct 20241,7713,01471.372.28$133,272
Sep 20241,9423,20569.612.36$142,760
Aug 20242,2203,47175.632.06$175,061
Jul 20242,5413,59279.932.15$210,813
Jun 20242,3152,64978.082.63$187,733
May 20241,7872,79478.812.20$146,976
Apr 20243,1295,46484.451.66$273,310
Mar 20249914,51080.301.55$86,546
Feb 20248284,44476.091.78$70,929
Jan 20247764,70073.023.30$72,163
Dec 20237984,34471.262.61$68,206
Nov 20237514,45277.892.81$70,995
Oct 20238424,54385.443.09$85,966
Sep 20237303,98989.042.74$75,909
Aug 20238594,65480.522.67$81,606
Jul 20237174,25374.852.64$64,903
Jun 20237844,15668.962.26$63,451
May 20238424,21970.622.23$68,859
Apr 20236663,80378.122.24$60,538
Mar 20239527,35072.852.39$86,943
Feb 20239777,73375.112.47$92,450
Jan 20231,1208,83876.533.39$115,654
Dec 20221,1297,16776.415.73$127,327
Nov 20221,1437,66685.005.65$140,439
Oct 20221,4098,83587.185.86$174,643
Sep 20221,4777,89184.888.16$189,787
Aug 20221,2687,85194.529.13$191,509
Jul 20223412,806101.587.54$55,802
Jun 20221,2849,294115.097.98$221,916
May 20221,39510,925109.378.43$244,702
Apr 20221,26110,546104.226.84$203,531
Mar 20221,46911,138108.885.08$216,486
Feb 20221,3099,47491.054.86$165,217
Jan 20221,3688,77181.844.54$151,757
Dec 20211,37310,39071.323.90$138,434
Nov 20211,68410,36377.435.24$184,662
Oct 20211,9849,95779.795.71$215,196
Sep 20211,90210,17669.865.35$187,325
Aug 20212,13710,87466.024.22$186,979
Jul 20212,23211,20070.783.98$202,580
Jun 20212,3339,79269.493.38$195,223
May 20212,5139,71463.483.02$188,839
Apr 20212,54312,52360.362.76$188,039
Mar 20213,06414,67661.302.72$227,697
Feb 20212,32710,25857.805.55$191,411
Jan 20213,41014,24850.412.81$211,939
Dec 20202,66915,43244.642.68$160,432
Nov 20203,38214,53338.772.71$170,455
Oct 20203,76915,26136.972.48$177,163
Sep 20203,81811,72437.091.99$164,953
Aug 20203,8939,14239.982.39$177,447
Jul 20203,3445,63038.371.83$138,585
Jun 20202,5261,76934.901.69$91,148
May 20207296316.921.81$2,966
Apr 20204,1166,58214.751.80$72,587
Mar 20201,6921,93330.341.86$54,923
Feb 20203,4577,64149.881.98$187,569
Jan 20204,56314,32657.252.09$291,241
Dec 20194,30712,55559.012.30$283,087
Nov 20192,6757,27355.302.75$167,933
Oct 20194,4878,00853.472.42$259,288
Sep 20194,3708,13955.052.66$262,196
Aug 20194,5554,79453.112.30$252,963
Jul 20196,6878,72256.272.46$397,734
Jun 20197,44312,61752.782.49$424,273
May 20193,17311,68858.482.74$217,586
Apr 20198,40911,16662.632.75$557,370
Mar 201910,27610,63456.803.06$616,239
Feb 201911,84914,65950.852.79$643,453
Jan 201921,06729,00446.033.23$1,063,344
Dec 201819,27924,27246.594.19$999,798
Nov 201821,12023,60052.934.24$1,217,880
Oct 20189,02614,42461.443.40$603,571

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                  476 bbl  × $106.41 =    $50,651
Casinghead gas       989 Mcf  × $  3.05 =     $3,012

────────────────────────────────────────────────────
Month total                                  $53,664

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/51261 is the state's own key, not one this site invented.