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RUSSELL LONG C

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 54248District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.8 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
74
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
OilDisposition438,665 bbl$26,072,001
Casinghead gasProduction752,182 Mcf$2,731,459
Total$28,803,460

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 31.1469, -103.5220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.14685, -103.52204 · 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
10,377 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 10,377 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-38938943U 41H10,377 ftApr 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 (74)

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

74 months

May 20263,0074,306106.413.05$333,090
Apr 20262,7073,98698.932.87$279,242
Mar 20262,9314,56689.753.15$277,438
Feb 20262,8493,62763.503.75$194,514
Jan 20263,0283,36059.138.00$205,919
Dec 20254,1083,32856.664.41$247,447
Nov 20251,4581,66758.593.93$91,970
Oct 20251,3533,05959.383.30$90,451
Sep 20252,2643,99862.743.08$154,345
Aug 20252,8925,83163.933.01$202,465
Jul 20252,6246,75566.743.32$197,520
Jun 20252,9996,34866.483.13$219,235
May 20253,1586,30560.553.23$211,597
Apr 20253,0296,60562.363.54$212,291
Mar 20253,1886,21367.704.27$242,347
Feb 20251,3182,69870.884.34$105,131
Jan 20252,2525,94174.324.28$192,788
Dec 20242,9216,44368.993.12$221,631
Nov 20242,8486,49969.052.20$210,942
Oct 20243,2976,91071.372.28$251,071
Sep 20243,2227,65669.612.36$242,385
Aug 20243,6248,35075.632.06$291,314
Jul 20243,7527,89379.932.15$316,840
Jun 20243,5397,53078.082.63$296,159
May 20243,2767,30578.812.20$274,241
Apr 20242,8086,12984.451.66$247,305
Mar 20242,7657,25480.301.55$233,238
Feb 20242,7697,33576.091.78$223,776
Jan 20243,0968,36773.023.30$253,661
Dec 20233,2827,56071.262.61$253,612
Nov 20232,0454,24477.892.81$171,200
Oct 20233,1494,39085.443.09$282,604
Sep 20233,2624,33189.042.74$302,294
Aug 20233,2274,47180.522.67$271,788
Jul 20233,3634,52974.852.64$263,685
Jun 20233,2414,45568.962.26$233,561
May 20233,5435,29270.622.23$261,994
Apr 20234,0176,26378.122.24$327,823
Mar 20231,2262,41872.852.39$95,101
Feb 20233,8977,51875.112.47$311,241
Jan 20234,4898,36276.533.39$371,871
Dec 20224,5769,35976.415.73$403,271
Nov 20224,4409,16985.005.65$429,170
Oct 20224,74210,76987.185.86$476,554
Sep 20224,59610,73184.888.16$477,713
Aug 20225,08312,02694.529.13$590,208
Jul 20224,90211,959101.587.54$588,141
Jun 20223,92711,114115.097.98$540,617
May 20224,71812,178109.378.43$618,705
Apr 20224,84711,379104.226.84$582,959
Mar 20225,39611,799108.885.08$647,413
Feb 20225,85211,56091.054.86$588,993
Jan 20226,25012,78281.844.54$569,501
Dec 20218,06613,56871.323.90$628,170
Nov 20216,12513,77777.435.24$546,407
Oct 20216,61015,20279.795.71$614,274
Sep 20216,01715,37169.865.35$502,597
Aug 20217,30115,38166.024.22$546,929
Jul 20217,20715,81070.783.98$573,068
Jun 20217,69115,81269.493.38$587,902
May 20218,15417,46763.483.02$570,326
Apr 20218,64117,71760.362.76$570,442
Mar 202110,07919,22361.302.72$670,070
Feb 20219,02313,49857.805.55$596,416
Jan 202112,40318,79150.412.81$678,043
Dec 202012,82918,95244.642.68$623,392
Nov 202011,23615,32338.772.71$477,092
Oct 202015,14222,13636.972.48$614,662
Sep 202016,45622,72337.091.99$655,595
Aug 202018,52624,28339.982.39$798,587
Jul 202020,88425,13238.371.83$847,188
Jun 202019,32121,39634.901.69$710,469
May 202024,49825,24816.921.81$460,325
Apr 202021,30420,45014.751.80$351,134

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                3,007 bbl  × $106.41 =   $319,975
Casinghead gas     4,306 Mcf  × $  3.05 =    $13,115

────────────────────────────────────────────────────
Month total                                 $333,090

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/54248 is the state's own key, not one this site invented.