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HERD 20

Operated by PERUN ENERGY LLC (P-5 104430) 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 54224District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$36.2 M
Jul 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
83
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
OilDisposition529,001 bbl$29,427,236
Casinghead gasProduction1,907,547 Mcf$6,744,417
Total$36,171,653

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 31.2798, -103.6573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.28092, -103.65662 · 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
10,013 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 9,932 and 10,522 ft, median 10,013 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2019 – Apr 2021
4 of 4 wells

4 wells

42-389377922H10,019 ftApr 2021—Yes
42-389385134H9,932 ftApr 2021—Yes
42-389380603H10,522 ftJul 2019—Yes
42-389377901H10,007 ftJul 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 (83)

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

83 months

May 20269868,354106.413.05$130,365
Apr 20269888,63698.932.87$122,526
Mar 20261,02510,64789.753.15$125,526
Feb 20269438,91063.503.75$93,296
Jan 20261,0199,90959.138.00$139,505
Dec 20251,0549,33356.664.41$100,910
Nov 20251,1249,91558.593.93$104,786
Oct 20251,25610,76359.383.30$110,151
Sep 20251,30110,78562.743.08$114,809
Aug 20251,33510,95663.933.01$118,376
Jul 20251,1649,90766.743.32$110,529
Jun 20251,2029,95566.483.13$111,055
May 20251,25718,27360.553.23$135,176
Apr 20251,2498,34662.363.54$107,459
Mar 20251,3097,79567.704.27$121,891
Feb 20251,1046,03470.884.34$104,444
Jan 20251,3536,46874.324.28$128,229
Dec 20241,4167,27668.993.12$120,401
Nov 20241,0753,91069.052.20$82,825
Oct 202446155371.372.28$34,163
Sep 20247192,34869.612.36$55,601
Aug 20249384,99675.632.06$81,251
Jul 20241,70111,94379.932.15$161,598
Jun 20241,70314,03078.082.63$169,925
May 20242,05016,46378.812.20$197,753
Apr 20242,19222,21284.451.66$221,969
Mar 20242,45423,59580.301.55$233,514
Feb 20242,29722,67076.091.78$215,214
Jan 20242,48821,69573.023.30$253,216
Dec 20232,56023,48271.262.61$243,731
Nov 20232,45821,24677.892.81$251,103
Oct 20232,54522,92485.443.09$288,218
Sep 20231,95616,08089.042.74$218,142
Aug 20232,88625,49780.522.67$300,531
Jul 20233,08926,91174.852.64$302,305
Jun 20233,02222,94968.962.26$260,227
May 20233,24922,19670.622.23$278,884
Apr 20233,42322,15178.122.24$316,973
Mar 20232,96919,53872.852.39$263,049
Feb 20231,06413,64875.112.47$113,569
Jan 20231,25316,14976.533.39$150,600
Dec 20222,02617,66876.415.73$256,028
Nov 20221,8619,13285.005.65$209,746
Oct 20223,23527,28987.185.86$442,043
Sep 20223,70730,21384.888.16$561,299
Aug 20223,73932,92194.529.13$653,886
Jul 20224,12545,890101.587.54$765,124
Jun 20224,25634,836115.097.98$767,717
May 20224,62135,462109.378.43$804,451
Apr 20224,42828,415104.226.84$655,777
Mar 20224,27634,206108.885.08$639,214
Feb 20221,22026,25591.054.86$238,650
Jan 20226,69934,05081.844.54$702,754
Dec 20216,95835,17371.323.90$633,388
Nov 20216,87831,11677.435.24$695,513
Oct 20217,54531,69879.795.71$783,134
Sep 20217,73328,22869.865.35$691,273
Aug 20217,66619,76866.024.22$589,542
Jul 20216,1499,78770.783.98$474,199
Jun 20213,9625,59969.493.38$294,247
May 20212,2323,73363.483.02$152,952
Apr 20211292760.362.76$7,861
Mar 20210061.302.72$0
Feb 20218,79431,17957.805.55$681,273
Jan 202113,47147,69650.412.81$813,112
Dec 202013,97636,00444.642.68$720,216
Nov 202010,31921,42838.772.71$458,064
Oct 20205,2328,67636.972.48$214,930
Sep 202013,90847,29937.091.99$610,022
Aug 202014,75444,31639.982.39$695,563
Jul 202016,20546,57538.371.83$706,791
Jun 202020,77947,86734.901.69$806,097
May 202016,36751,78316.921.81$370,903
Apr 202021,24952,11814.751.80$407,463
Mar 202023,95951,51530.341.86$822,540
Feb 202021,78142,43549.881.98$1,170,486
Jan 202028,52854,39157.252.09$1,747,163
Dec 201926,85645,87359.012.30$1,690,480
Nov 201927,29043,52455.302.75$1,628,858
Oct 201932,37852,08053.472.42$1,857,209
Sep 201933,58761,21855.052.66$2,011,638
Aug 201916,48630,40853.112.30$945,642
Jul 2019024856.272.46$610

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                  986 bbl  × $106.41 =   $104,920
Casinghead gas     8,354 Mcf  × $  3.05 =    $25,445

────────────────────────────────────────────────────
Month total                                 $130,365

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/54224 is the state's own key, not one this site invented.