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ADOBE E

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 51280District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.6 M
Oct 2018 – May 2026
Value, last 12 filed months
$246 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
OilDisposition338,445 bbl$19,191,096
Casinghead gasProduction774,634 Mcf$2,457,719
Total$21,648,815

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 31.2100, -103.5462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21002, -103.54619 · 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
10,336 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 10,336 ft.

Completions filed
Nov 2020
1 of 1 wells

1 well

42-38936945U 32H10,336 ftNov 2020——

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 202610106.413.05$106
Apr 20260398.932.87$9
Mar 20261089.753.15$90
Feb 20261363.503.75$75
Jan 20260259.138.00$16
Dec 20250056.664.41$0
Nov 20251058.593.93$59
Oct 202543759.383.30$2,576
Sep 202524242462.743.08$16,488
Aug 20259362,96863.933.01$68,786
Jul 20251,0723,02366.743.32$81,567
Jun 20251,0312,41766.483.13$76,103
May 20259072,15660.553.23$61,888
Apr 20259243,18062.363.54$68,888
Mar 20258172,08167.704.27$64,193
Feb 20256791,51070.884.34$54,682
Jan 20254341,04474.324.28$36,722
Dec 202434068.993.12$2,346
Nov 202427426169.052.20$19,493
Oct 20247552,01571.372.28$58,481
Sep 20248861,96269.612.36$66,313
Aug 20247041,89975.632.06$57,162
Jul 20247621,84079.932.15$64,856
Jun 20246481,70778.082.63$55,092
May 20247741,66778.812.20$64,664
Apr 20246651,41284.451.66$58,502
Mar 202417135680.301.55$14,281
Feb 20248872,57176.091.78$72,078
Jan 20249332,53373.023.30$76,481
Dec 20237441,95771.262.61$58,127
Nov 20236611,44777.892.81$55,548
Oct 202358894185.443.09$53,144
Sep 202328734989.042.74$26,509
Aug 2023133480.522.67$1,138
Jul 202351274.852.64$406
Jun 2023149068.962.26$10,275
May 20232,1275,78270.622.23$163,088
Apr 20232,2114,72178.122.24$183,288
Mar 20231,8625,64172.852.39$149,147
Feb 20231,5396,27675.112.47$131,069
Jan 20232,1538,41776.533.39$193,284
Dec 20222,7449,64276.415.73$264,909
Nov 20222,2858,75685.005.65$243,663
Oct 20222,3737,36087.185.86$250,035
Sep 20221,8286,49384.888.16$208,167
Aug 20222,2016,69594.529.13$269,145
Jul 20221,2523,340101.587.54$152,369
Jun 20222,2688,697115.097.98$330,402
May 20222,2958,450109.378.43$322,263
Apr 20222,4238,312104.226.84$309,359
Mar 20222,2717,898108.885.08$287,360
Feb 20222,2377,62391.054.86$240,718
Jan 20222,3947,95981.844.54$232,040
Dec 20212,5898,39471.323.90$217,377
Nov 20212,6038,34277.435.24$245,236
Oct 20213,1159,70779.795.71$304,010
Sep 20213,1779,44669.865.35$272,490
Aug 20212,6498,51966.024.22$210,842
Jul 20213,35310,17170.783.98$277,827
Jun 20213,68611,56369.493.38$295,230
May 20213,05612,93563.483.02$233,028
Apr 20213,72020,65260.362.76$281,506
Mar 20213,76317,20361.302.72$277,411
Feb 20212,82011,05657.805.55$224,334
Jan 20214,28320,13250.412.81$272,482
Dec 20204,63218,87744.642.68$257,277
Nov 20201,6105,13038.772.71$76,304
Oct 20203,57317,02136.972.48$174,279
Sep 20205,44023,73637.091.99$249,029
Aug 20206,46625,40839.982.39$319,111
Jul 20207,26725,25138.371.83$324,921
Jun 20207,68621,81034.901.69$305,107
May 20204,50410,35616.921.81$95,001
Apr 20207,33727,89114.751.80$158,547
Mar 20207,42432,19230.341.86$285,000
Feb 20207,36130,91149.881.98$428,391
Jan 20207,88124,91957.252.09$503,386
Dec 20198,49218,15959.012.30$542,958
Nov 20197,54413,96355.302.75$455,591
Oct 20197,37114,85953.472.42$430,064
Sep 20198,52815,70655.052.66$511,202
Aug 201910,55214,30253.112.30$593,374
Jul 201913,44614,98656.272.46$793,473
Jun 201912,60914,94552.782.49$702,734
May 201912,56615,74058.482.74$777,992
Apr 201915,08715,15862.632.75$986,594
Mar 201917,39119,39356.803.06$1,047,192
Feb 201913,76812,32050.852.79$734,503
Jan 201914,3345,81146.033.23$678,553
Dec 201812,5867,50646.594.19$617,798
Nov 201814,76012,55152.934.24$834,428
Oct 20185,9243,77061.443.40$376,781

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/51280 is the state's own key, not one this site invented.