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DOC WATSON

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 53659District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$42.8 M
Dec 2019 – May 2026
Value, last 12 filed months
$1.1 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
OilDisposition623,930 bbl$35,291,047
Casinghead gasProduction2,138,490 Mcf$7,474,608
Total$42,765,655

Wells on this lease (2)

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 31.2422, -103.5987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.24223, -103.59870 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,066 ft
2 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.
2100.0%

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 9,973 and 10,158 ft, median 10,066 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2019
2 of 2 wells

2 wells

42-38938379T 01H9,973 ftDec 2019——
42-38938380U 06H10,158 ftDec 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 20266154,188106.413.05$78,198
Apr 20266843,93098.932.87$78,946
Mar 20268544,24489.753.15$90,013
Feb 20261,5074,41763.503.75$112,260
Jan 20261,0265,31259.138.00$103,152
Dec 20259776,43556.664.41$83,757
Nov 20251,1897,04658.593.93$97,329
Oct 20251,2997,25559.383.30$101,111
Sep 20251,1957,65862.743.08$98,537
Aug 20251,2946,65063.933.01$102,774
Jul 20251,1186,90366.743.32$97,500
Jun 20251,0897,28866.483.13$95,199
May 20257536,42760.553.23$66,368
Apr 20259872,27962.363.54$69,624
Mar 20251,4397,91167.704.27$131,187
Feb 20252,0616,59970.884.34$174,729
Jan 20252,3875,22274.324.28$199,745
Dec 20242,1836,35968.993.12$170,454
Nov 20243,0927,57269.052.20$230,149
Oct 20241,7065,16771.372.28$133,545
Sep 20242,6188,11769.612.36$201,430
Aug 20242,3776,44275.632.06$193,066
Jul 20242,7545,84279.932.15$232,668
Jun 20242,9496,39778.082.63$247,107
May 20243,0835,07678.812.20$254,131
Apr 20249024,05384.451.66$82,899
Mar 20244,82612,50480.301.55$406,848
Feb 20244,1429,39976.091.78$331,929
Jan 20246,37017,43473.023.30$522,629
Dec 20236303,00471.262.61$52,736
Nov 20232,88716,62877.892.81$271,553
Oct 20233,95221,84585.443.09$405,101
Sep 20232,94418,88689.042.74$313,788
Aug 20233,73422,26480.522.67$360,171
Jul 20234,10523,65574.852.64$369,751
Jun 20233,16219,57768.962.26$262,266
May 20233,95123,24370.622.23$330,791
Apr 20234,23826,69378.122.24$390,805
Mar 20234,64226,76972.852.39$402,232
Feb 20234,40613,88275.112.47$365,163
Jan 20234,38024,39376.533.39$417,838
Dec 20224,27928,64576.415.73$491,068
Nov 20224,63228,51485.005.65$554,716
Oct 20225,28727,09187.185.86$619,776
Sep 20225,39427,02184.888.16$678,434
Aug 20225,44235,66494.529.13$839,889
Jul 20225,69932,040101.587.54$820,553
Jun 20225,32028,790115.097.98$841,942
May 20226,45229,104109.378.43$951,090
Apr 20227,47132,992104.226.84$1,004,214
Mar 20227,72836,550108.885.08$1,026,967
Feb 20226,27531,41891.054.86$723,994
Jan 20226,67036,68181.844.54$712,319
Dec 20216,96640,20471.323.90$653,575
Nov 20217,36337,26177.435.24$765,247
Oct 20217,45940,52879.795.71$826,725
Sep 20217,19738,72969.865.35$710,018
Aug 20217,93742,65266.024.22$704,017
Jul 20218,15243,11470.783.98$748,682
Jun 20218,32546,53169.493.38$735,808
May 20219,21949,45063.483.02$734,446
Apr 202110,04249,90060.362.76$743,780
Mar 202111,21347,87061.302.72$817,417
Feb 20219,80336,28457.805.55$767,915
Jan 202113,80149,75450.412.81$835,531
Dec 202011,65048,64244.642.68$650,196
Nov 202014,65358,06438.772.71$725,251
Oct 202015,12958,34836.972.48$703,931
Sep 202016,77368,63337.091.99$758,762
Aug 202019,54673,05739.982.39$955,697
Jul 202020,96661,48038.371.83$916,674
Jun 202021,12451,83934.901.69$824,852
May 202024,93362,12516.921.81$534,608
Apr 202030,12668,77914.751.80$568,462
Mar 202036,75667,31930.341.86$1,240,137
Feb 202039,38658,53749.881.98$2,080,516
Jan 202044,98163,08557.252.09$2,707,309
Dec 201949,27466,83059.012.30$3,061,659

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                  615 bbl  × $106.41 =    $65,442
Casinghead gas     4,188 Mcf  × $  3.05 =    $12,756

────────────────────────────────────────────────────
Month total                                  $78,198

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/53659 is the state's own key, not one this site invented.