MineralRecord
Log inSign up

HIGHLANDER B

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 54219District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.7 M
Mar 2020 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
75
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
OilDisposition201,540 bbl$11,169,610
Casinghead gasProduction885,221 Mcf$3,567,900
Total$14,737,510

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 31.2629, -103.6310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26291, -103.63099 · 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
10,072 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 10,072 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-38938419U 12H10,072 ftMar 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 (75)

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

75 months

May 20261434,621106.413.05$29,291
Apr 20261284,85698.932.87$26,598
Mar 2026995,37589.753.15$25,813
Feb 20261493,74663.503.75$23,510
Jan 20261483,68759.138.00$38,240
Dec 20251643,47856.664.41$24,642
Nov 20251444558.593.93$2,568
Oct 2025361,12659.383.30$5,859
Sep 20251354,92662.743.08$23,627
Aug 20251714,79163.933.01$25,376
Jul 20251734,39566.743.32$26,116
Jun 20252483,92066.483.13$28,752
May 20253573,25260.553.23$32,128
Apr 2025423062.363.54$26,378
Mar 20254044,76067.704.27$47,668
Feb 2025241,49270.884.34$8,178
Jan 202542374.324.28$396
Dec 202431968.993.12$266
Nov 20240069.052.20$0
Oct 202423071.372.28$1,642
Sep 20243021,58969.612.36$24,779
Aug 202487710,18575.632.06$87,346
Jul 202495010,51579.932.15$98,505
Jun 202489110,51678.082.63$97,268
May 202482110,87278.812.20$88,604
Apr 202473110,09784.451.66$78,486
Mar 202490010,82880.301.55$89,001
Feb 20241,2039,92176.091.78$109,232
Jan 20241,14014,78873.023.30$132,009
Dec 20231,19913,47171.262.61$120,610
Nov 20231,39711,60377.892.81$141,388
Oct 20231,66213,87285.443.09$184,828
Sep 20231,44413,14289.042.74$164,518
Aug 20231,40113,97580.522.67$150,162
Jul 20231,45913,68074.852.64$145,346
Jun 20231,52712,71168.962.26$134,009
May 20231,60812,56170.622.23$141,535
Apr 20231,30712,00578.122.24$128,967
Mar 20231,53112,32472.852.39$141,027
Feb 20231,43713,47175.112.47$141,148
Jan 20231,80315,25176.533.39$189,650
Dec 20222,21217,91176.415.73$271,632
Nov 20221,99317,56585.005.65$268,581
Oct 20222,18919,36887.185.86$304,406
Sep 20222,48018,94584.888.16$365,163
Aug 20222,75220,09294.529.13$443,502
Jul 20222,87920,606101.587.54$447,861
Jun 20223,01320,342115.097.98$509,038
May 20223,15020,821109.378.43$520,100
Apr 20223,44420,302104.226.84$497,751
Mar 20223,31819,897108.885.08$462,269
Feb 20222,46219,92991.054.86$320,997
Jan 20222,90123,00481.844.54$341,803
Dec 20213,34724,04371.323.90$332,455
Nov 20213,79524,55877.435.24$422,453
Oct 20214,12725,92179.795.71$477,403
Sep 20214,93925,83369.865.35$483,269
Aug 20212,49310,58366.024.22$209,254
Jul 20215,88334,67970.783.98$554,493
Jun 20212,48510,94069.493.38$209,667
May 20212,2696,20463.483.02$162,758
Apr 20213,09211,67360.362.76$218,832
Mar 20213,64210,89261.302.72$252,848
Feb 20212,2174,80657.805.55$154,806
Jan 20214,5939,94250.412.81$259,473
Dec 20205,67510,11144.642.68$280,384
Nov 20206,3019,50338.772.71$270,010
Oct 20207,01713,05036.972.48$291,762
Sep 20208,52815,02637.091.99$346,221
Aug 20208,95514,36639.982.39$392,285
Jul 20209,91715,27838.371.83$408,399
Jun 202010,62615,94134.901.69$397,793
May 202013,33017,34616.921.81$257,022
Apr 202017,01520,97114.751.80$288,811
Mar 202010,06512,48430.341.86$328,545

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                  143 bbl  × $106.41 =    $15,217
Casinghead gas     4,621 Mcf  × $  3.05 =    $14,075

────────────────────────────────────────────────────
Month total                                  $29,291

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/54219 is the state's own key, not one this site invented.