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MIDWAY 45-46 UNIT

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 52574District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.3 M
Aug 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
94
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
OilDisposition417,480 bbl$24,589,036
Casinghead gasProduction1,403,228 Mcf$4,699,099
Total$29,288,135

Wells on this lease (4)

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 31.3338, -103.6317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.33380, -103.63200 · 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
75.0%
3 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
9,944 ft
4 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
375.0%
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.
125.0%

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

Between 8,479 and 10,487 ft, median 9,944 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2018 – Sep 2019
4 of 4 wells

4 wells

42-389375252H8,479 ftSep 2019—Yes
42-389383334H9,915 ftSep 2019—Yes
42-389377193H10,487 ftFeb 2019—Yes
42-389369811H9,973 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 (94)

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

94 months

May 20265532,515106.413.05$66,505
Apr 20261,0203,62198.932.87$111,300
Mar 20261,2575,22589.753.15$129,272
Feb 20261,3214,61163.503.75$101,176
Jan 20261,5335,14459.138.00$131,788
Dec 20251,6675,32856.664.41$117,967
Nov 20251,2473,95958.593.93$88,607
Oct 20251,2422,88359.383.30$83,278
Sep 20258191,45662.743.08$55,864
Aug 202511811063.933.01$7,875
Jul 20256161,35766.743.32$45,611
Jun 20251,4525,83766.483.13$114,791
May 20251,4306,08460.553.23$106,252
Apr 20251,5467362.363.54$96,667
Mar 20252,0866,54967.704.27$169,175
Feb 20251,8145,33270.884.34$151,722
Jan 20251,0852,96774.324.28$93,332
Dec 202419068.993.12$1,311
Nov 20245191,93269.052.20$40,084
Oct 20241,88811,29271.372.28$160,508
Sep 20242,04810,54069.612.36$167,482
Aug 20241,93910,57975.632.06$168,478
Jul 20241,8079,44179.932.15$164,699
Jun 20241,3307,10078.082.63$122,548
May 20241,7988,67978.812.20$160,781
Apr 20241,9178,90184.451.66$176,659
Mar 20242,1129,61480.301.55$184,448
Feb 20242,4246,96576.091.78$196,865
Jan 20242,0906,67573.023.30$174,624
Dec 20231,9569,00571.262.61$162,894
Nov 20231,7377,97277.892.81$157,677
Oct 20232,0208,21185.443.09$197,938
Sep 20231,7626,99389.042.74$176,015
Aug 20231,8287,38180.522.67$166,919
Jul 20231,8156,41974.852.64$152,810
Jun 20239743,21768.962.26$74,433
May 20235712,53570.622.23$45,970
Apr 20231,7408,42178.122.24$154,773
Mar 20231,9759,42372.852.39$166,430
Feb 20231,5627,94375.112.47$136,907
Jan 20232,0539,83876.533.39$190,444
Dec 20222,33511,08276.415.73$241,907
Nov 20221,8579,08585.005.65$209,141
Oct 20222,37412,63987.185.86$281,077
Sep 20222,43712,28084.888.16$307,103
Aug 20222,42712,52894.529.13$343,745
Jul 20222,67413,706101.587.54$374,997
Jun 20222,57813,767115.097.98$406,524
May 20222,66214,099109.378.43$410,040
Apr 20222,69814,165104.226.84$378,040
Mar 20222,77114,533108.885.08$375,482
Feb 20222,56613,62691.054.86$299,841
Jan 20222,70812,80581.844.54$279,728
Dec 20212,42411,76771.323.90$218,761
Nov 20212,61114,65177.435.24$278,895
Oct 20212,81516,10079.795.71$316,602
Sep 20212,72716,23569.865.35$277,380
Aug 20213,71720,29466.024.22$331,049
Jul 20214,48621,37170.783.98$402,620
Jun 20213,89316,73769.493.38$327,106
May 20215,11319,95963.483.02$384,803
Apr 20214,77719,32660.362.76$341,649
Mar 20215,75022,77061.302.72$414,340
Feb 20214,70215,45557.805.55$357,519
Jan 20213,66215,19450.412.81$227,301
Dec 20205,63827,86344.642.68$326,227
Nov 20205,98425,86538.772.71$302,005
Oct 20206,51528,23836.972.48$310,845
Sep 20206,61025,63537.091.99$296,205
Aug 20205,69617,56739.982.39$269,625
Jul 20203,4579,52838.371.83$150,035
Jun 20205,76120,51734.901.69$235,739
May 20206,56022,38716.921.81$151,622
Apr 20207,30124,85214.751.80$152,532
Mar 20207,93927,70030.341.86$292,287
Feb 20207,72626,08149.881.98$437,031
Jan 20208,70831,13157.252.09$563,744
Dec 20199,29432,53359.012.30$623,407
Nov 20199,50029,43855.302.75$606,325
Oct 201911,34632,00953.472.42$684,086
Sep 201910,99030,07955.052.66$684,928
Aug 201911,29730,94953.112.30$671,301
Jul 20199,92929,77856.272.46$631,961
Jun 201910,16329,26052.782.49$609,296
May 201912,75236,00858.482.74$844,410
Apr 201914,49539,48362.632.75$1,016,428
Mar 20199,81619,70056.803.06$617,872
Feb 20190250.852.79$6
Jan 20190146.033.23$3
Dec 201822,28951,75346.594.19$1,255,054
Nov 201822,02441,76852.934.24$1,342,711
Oct 201819,85745,26061.443.40$1,373,811
Sep 201824,94152,76159.543.11$1,648,968
Aug 20183,4388,78159.403.07$231,145

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                  553 bbl  × $106.41 =    $58,845
Casinghead gas     2,515 Mcf  × $  3.05 =     $7,660

────────────────────────────────────────────────────
Month total                                  $66,505

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/52574 is the state's own key, not one this site invented.