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RUSSELL

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 53328District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$11.3 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
78
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
OilDisposition157,045 bbl$9,966,280
Casinghead gasProduction327,593 Mcf$1,319,186
Total$11,285,466

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 31.1555, -103.5275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.15702, -103.52642 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
11,093 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
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.
4100.0%

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 10,328 and 12,360 ft, median 11,093 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2019 – Dec 2019
4 of 4 wells

4 wells

42-38932613112,360 ftDec 2019——
42-389336035H10,865 ftDec 2019——
42-389354806H10,328 ftDec 2019——
42-38933317411,320 ftNov 2019——

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 (78)

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

78 months

May 20261,0214,158106.413.05$121,309
Apr 20261,0063,46398.932.87$109,461
Mar 20261,1123,07089.753.15$109,471
Feb 20269132,94963.503.75$69,035
Jan 20261,0942,68459.138.00$86,155
Dec 20251,7442,93156.664.41$111,751
Nov 20259402,38958.593.93$64,455
Oct 20259493,02059.383.30$66,332
Sep 20251,0242,11062.743.08$70,738
Aug 20258281,89063.933.01$58,632
Jul 20251,0703,10866.743.32$81,715
Jun 20251,2082,95966.483.13$89,566
May 20251,1492,55060.553.23$77,814
Apr 20251,2033,53462.363.54$87,540
Mar 20251,3143,03667.704.27$101,916
Feb 20251,0252,33370.884.34$82,779
Jan 20251,3142,17374.324.28$106,954
Dec 20241,3221,99168.993.12$97,419
Nov 20241,2043,11569.052.20$89,984
Oct 20241,4873,13571.372.28$113,279
Sep 20241,5193,05369.612.36$112,956
Aug 20241,5823,27475.632.06$126,403
Jul 20241,7163,16179.932.15$143,945
Jun 20241,3942,50578.082.63$115,442
May 20241,4343,07078.812.20$119,763
Apr 20241,2963,10084.451.66$114,591
Mar 20241,5713,12680.301.55$130,981
Feb 20241,1712,29976.091.78$93,202
Jan 20241,5302,57373.023.30$120,205
Dec 20231,9103,88671.262.61$146,252
Nov 20231,5512,87477.892.81$128,876
Oct 20231,6353,15585.443.09$149,435
Sep 20231,6862,42589.042.74$156,754
Aug 20231,7033,43080.522.67$146,294
Jul 20231,7225,61474.852.64$143,723
Jun 20231,6951,56768.962.26$120,426
May 20231,19588070.622.23$86,351
Apr 20231,8761,00578.122.24$148,802
Mar 20232081,76972.852.39$19,386
Feb 20231,1903,57875.112.47$98,203
Jan 20231,4263,89676.533.39$122,330
Dec 20221,3752,73076.415.73$120,704
Nov 20222,1404,81485.005.65$209,081
Oct 20221,7547,32087.185.86$195,836
Sep 20221,5315,31884.888.16$173,366
Aug 20222,4248,45794.529.13$306,305
Jul 20221,5308,356101.587.54$218,439
Jun 20221,7998,028115.097.98$271,088
May 20221,9879,441109.378.43$296,935
Apr 20222,0958,113104.226.84$273,814
Mar 20222,4666,185108.885.08$299,896
Feb 20221,7854,86091.054.86$186,138
Jan 20222,0585,81581.844.54$194,813
Dec 20212,1816,70271.323.90$181,681
Nov 20212,2706,63777.435.24$210,523
Oct 20212,1736,63479.795.71$211,289
Sep 20212,5386,29469.865.35$210,983
Aug 20212,2276,40466.024.22$174,055
Jul 20212,1206,72470.783.98$176,829
Jun 20212,0805,30769.493.38$162,480
May 20213,0316,34863.483.02$211,564
Apr 20212,3194,01960.362.76$151,061
Mar 20212,2883,22261.302.72$149,008
Feb 20211,9013,20057.805.55$127,631
Jan 20213,4616,94050.412.81$193,972
Dec 20203,4728,42044.642.68$177,517
Nov 20203,2607,46538.772.71$146,595
Oct 20203,8938,61236.972.48$165,268
Sep 20203,6384,38237.091.99$143,658
Aug 20203,5882,51139.982.39$149,437
Jul 20204,5316,00238.371.83$184,809
Jun 20204,9536,31834.901.69$183,539
May 20205,3715,33716.921.81$100,563
Apr 20204,7612,92214.751.80$75,497
Mar 20203,5483,24930.341.86$113,677
Feb 20204,0143,85449.881.98$207,852
Jan 20203,2142,29857.252.09$188,815
Dec 20193,3321,51759.012.30$200,117

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                1,021 bbl  × $106.41 =   $108,645
Casinghead gas     4,158 Mcf  × $  3.05 =    $12,665

────────────────────────────────────────────────────
Month total                                 $121,309

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/53328 is the state's own key, not one this site invented.