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NICHOLAS 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 53339District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.0 M
Oct 2019 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
80
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
OilDisposition366,660 bbl$21,728,558
Casinghead gasProduction2,212,315 Mcf$7,303,102
Total$29,031,660

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 31.3544, -103.5836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35435, -103.58361 · 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
10,139 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 10,139 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-38938141U 04H10,139 ftOct 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 (80)

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

80 months

May 20261,98923,259106.413.05$282,493
Apr 20262,07822,98998.932.87$271,549
Mar 20261,8542,05089.753.15$172,853
Feb 20261,78917,77363.503.75$180,256
Jan 20261,68718,82359.138.00$250,297
Dec 20252,03522,20856.664.41$213,315
Nov 20252,03721,27558.593.93$202,883
Oct 20252,04122,02059.383.30$193,967
Sep 20251,96321,42662.743.08$189,085
Aug 20252,08221,56463.933.01$198,113
Jul 20252,11220,80466.743.32$209,924
Jun 20252,21321,03166.483.13$212,920
May 20252,29323,80760.553.23$215,793
Apr 20252,47821,66862.363.54$231,300
Mar 20254012,50067.704.27$37,819
Feb 20258922670.884.34$7,289
Jan 20251,66316,88974.324.28$195,857
Dec 20243173,84968.993.12$33,884
Nov 20241,87217,44869.052.20$167,620
Oct 20242,00820,56871.372.28$190,235
Sep 20242,01019,87069.612.36$186,896
Aug 20242,02220,76375.632.06$195,771
Jul 20242,23621,29779.932.15$224,439
Jun 20241,92418,76978.082.63$199,663
May 20242,25322,31378.812.20$226,613
Apr 20242,20221,83384.451.66$222,184
Mar 20242,35423,86980.301.55$225,907
Feb 20242,18320,80376.091.78$203,210
Jan 20242,52622,02573.023.30$257,079
Dec 20232,43219,33171.262.61$223,772
Nov 20232,40721,34777.892.81$247,414
Oct 20232,50025,73285.443.09$293,042
Sep 20232,46825,48789.042.74$289,459
Aug 20232,53524,92080.522.67$270,726
Jul 20232,72725,30874.852.64$270,975
Jun 20232,61424,31068.962.26$235,165
May 20232,81128,16870.622.23$261,254
Apr 20232,86530,21278.122.24$291,421
Mar 20232,86227,73572.852.39$274,871
Feb 20232,47726,27875.112.47$250,841
Jan 20232,77326,76276.533.39$302,880
Dec 20222,60827,18076.415.73$354,994
Nov 20222,78926,48985.005.65$386,627
Oct 20222,95614,81487.185.86$344,570
Sep 20222,90312,45084.888.16$348,044
Aug 20223,16216,45094.529.13$449,014
Jul 20223,19816,742101.587.54$451,122
Jun 20223,03914,203115.097.98$463,059
May 20223,13116,170109.378.43$478,800
Apr 20223,22617,281104.226.84$454,374
Mar 20223,52918,800108.885.08$479,674
Feb 20223,40520,16191.054.86$407,984
Jan 20223,59328,07081.844.54$421,424
Dec 20214,13639,16971.323.90$447,704
Nov 20214,28939,82577.435.24$540,655
Oct 20214,23543,17779.795.71$584,618
Sep 20214,68344,33069.865.35$564,361
Aug 20214,90246,28866.024.22$518,993
Jul 20215,02041,70970.783.98$521,404
Jun 20214,41450,84569.493.38$478,616
May 20215,44037,46663.483.02$458,391
Apr 20215,81736,90460.362.76$452,911
Mar 20216,07939,61061.302.72$480,261
Feb 20214,84727,92757.805.55$435,094
Jan 20216,65239,08850.412.81$445,175
Dec 20207,34141,02944.642.68$437,474
Nov 20207,89741,74138.772.71$419,142
Oct 20208,25342,79536.972.48$411,178
Sep 20208,17741,58837.091.99$386,088
Aug 20209,45543,18839.982.39$481,019
Jul 20209,95642,71138.371.83$459,964
Jun 202010,04242,09534.901.69$421,619
May 202010,97741,64716.921.81$261,310
Apr 202012,57041,46814.751.80$260,232
Mar 202013,71445,00830.341.86$499,628
Feb 202014,91246,36549.881.98$835,644
Jan 202017,72347,98157.252.09$1,115,149
Dec 201920,40755,71259.012.30$1,332,598
Nov 201925,34070,08155.302.75$1,594,074
Oct 20195,66114,44953.472.42$337,639

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                1,989 bbl  × $106.41 =   $211,649
Casinghead gas    23,259 Mcf  × $  3.05 =    $70,843

────────────────────────────────────────────────────
Month total                                 $282,493

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/53339 is the state's own key, not one this site invented.