MineralRecord
Log inSign up

GIGI STATE 12-13-1N

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54246District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.8 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 WOLFBONE (TREND AREA) 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 40 acres. The field rule took effect on 2015-04-08.

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: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition359,960 bbl$20,599,397
Casinghead gasProduction735,720 Mcf$2,217,263
Total$22,816,659

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 31.2872, -103.3881. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28717, -103.38805 · 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
10,460 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 10,460 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-3893855481H10,460 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 20261,3145,704106.413.05$157,196
Apr 20261,3034,42498.932.87$141,601
Mar 20261,3545,37989.753.15$138,462
Feb 20264021,58163.503.75$31,456
Jan 20268253,69359.138.00$78,319
Dec 20251,0645,34956.664.41$83,893
Nov 20251,0284,69258.593.93$78,653
Oct 20251,2066,45359.383.30$92,938
Sep 20254215,52562.743.08$43,414
Aug 20251,0887,39563.933.01$91,850
Jul 20258265,79966.743.32$74,352
Jun 20259315,02466.483.13$77,612
May 20251,0256,81160.553.23$84,079
Apr 20251,0897,59362.363.54$94,813
Mar 20251,1925,07867.704.27$102,373
Feb 20258392,80470.884.34$71,640
Jan 20251,1236,21974.324.28$110,070
Dec 20241,1116,65868.993.12$97,430
Nov 20241,0446,04969.052.20$85,387
Oct 20241,84315,73271.372.28$167,426
Sep 20241,46029,06269.612.36$170,344
Aug 20241,71836,42375.632.06$205,096
Jul 20241,94240,09879.932.15$241,298
Jun 20241,9426,74678.082.63$169,400
May 20241,74495678.812.20$139,546
Apr 20241,8012,65284.451.66$156,495
Mar 20242,4669,31780.301.55$212,416
Feb 20242,0839,85276.091.78$176,068
Jan 20242,1177,28373.023.30$178,600
Dec 20232,75412,92571.262.61$229,994
Nov 20232,250077.892.81$175,253
Oct 20233,275085.443.09$279,816
Sep 20232,1968,10889.042.74$217,708
Aug 20232,1099,48680.522.67$195,172
Jul 20232,2728,03374.852.64$191,281
Jun 20232,2266,91168.962.26$169,113
May 20232,67726870.622.23$189,647
Apr 20232,1587,34278.122.24$185,013
Mar 20232,4498,97772.852.39$199,893
Feb 20232,3147,03875.112.47$191,158
Jan 20232,4647,09676.533.39$212,609
Dec 20223,4198,88976.415.73$312,172
Nov 20222,5359,82585.005.65$270,949
Oct 20222,2888,43887.185.86$248,946
Sep 20221,2404,39884.888.16$141,155
Aug 20221,8665,50794.529.13$226,638
Jul 20221,8364,528101.587.54$220,651
Jun 20222,1766,295115.097.98$300,652
May 20222,1738,045109.378.43$305,505
Apr 20221,7934,544104.226.84$217,937
Mar 20222,1535,426108.885.08$261,963
Feb 20222,3636,73191.054.86$247,856
Jan 20222,7775,60581.844.54$252,703
Dec 20213,1794,82871.323.90$245,551
Nov 20213,2316,50577.435.24$284,242
Oct 20213,3616,07179.795.71$302,863
Sep 20213,46718,56869.865.35$341,561
Aug 20215,908066.024.22$390,046
Jul 20214,587070.783.98$324,668
Jun 20214,3613,99769.493.38$316,558
May 20214,985063.483.02$316,448
Apr 20214,766060.362.76$287,676
Mar 20213,853061.302.72$236,189
Feb 20210057.805.55$0
Jan 202168050.412.81$3,428
Dec 20205,53414,31744.642.68$285,342
Nov 20206,76210,74638.772.71$291,248
Oct 20208,06312,50536.972.48$329,082
Sep 20206,7936,90837.091.99$265,706
Aug 20209,77619,48639.982.39$437,321
Jul 202010,81916,52638.371.83$445,287
Jun 202010,60815,02834.901.69$395,621
May 202012,45618,21916.921.81$243,818
Apr 202014,92219,39514.751.80$255,095
Mar 202012,3497,00730.341.86$387,675
Feb 202023,17129,64049.881.98$1,214,477
Jan 202053,55357,40957.252.09$3,186,166
Dec 201949,32453,79959.012.30$3,034,582

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                1,314 bbl  × $106.41 =   $139,823
Casinghead gas     5,704 Mcf  × $  3.05 =    $17,373

────────────────────────────────────────────────────
Month total                                 $157,196

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/54246 is the state's own key, not one this site invented.