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STEPHENS 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 54270District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.8 M
Apr 2020 – May 2026
Value, last 12 filed months
$1.3 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
OilDisposition253,579 bbl$15,168,367
Casinghead gasProduction1,005,178 Mcf$3,605,955
Total$18,774,322

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 31.3586, -103.5644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35858, -103.56442 · 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
10,288 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 10,288 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-38938604U 06H10,288 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 20261,2919,590106.413.05$166,585
Apr 20261,30510,10498.932.87$158,099
Mar 20261,2282,29589.753.15$117,441
Feb 20261,0118,31763.503.75$95,390
Jan 20261,0846,31959.138.00$114,636
Dec 20251,0415,37556.664.41$82,705
Nov 20251,0106,07858.593.93$83,041
Oct 20259156,26859.383.30$75,047
Sep 20251,0327,35062.743.08$87,363
Aug 20251,0547,98463.933.01$91,452
Jul 20251,1057,14866.743.32$97,445
Jun 20251,0827,05266.483.13$93,995
May 20251,1586,36360.553.23$90,684
Apr 20251,1586,79362.363.54$96,281
Mar 20251,2468,04567.704.27$118,693
Feb 20251,2018,73970.884.34$123,061
Jan 20251,2128,61574.324.28$126,937
Dec 20241,3599,31068.993.12$122,817
Nov 20241,3107,32069.052.20$106,548
Oct 20241,1926,67771.372.28$100,306
Sep 20241,2876,50869.612.36$104,975
Aug 20241,2156,29675.632.06$104,883
Jul 20241,2726,38179.932.15$115,368
Jun 20241,1915,80778.082.63$108,289
May 20249575,07278.812.20$86,572
Apr 20249654,20384.451.66$88,468
Mar 20241,1396,75680.301.55$101,901
Feb 20241,64513,79276.091.78$149,768
Jan 20241,70613,38073.023.30$168,695
Dec 20231,74824,92571.262.61$189,635
Nov 20231,70915,13677.892.81$175,609
Oct 20231,69515,47885.443.09$192,606
Sep 20231,83214,38189.042.74$202,454
Aug 20231,97215,00180.522.67$198,881
Jul 20232,08513,95374.852.64$192,923
Jun 20232,08614,15468.962.26$175,817
May 20231,91314,21570.622.23$166,759
Apr 20232,15611,70478.122.24$194,617
Mar 20232,38314,08372.852.39$207,304
Feb 20232,40510,08875.112.47$205,513
Jan 20232,96013,76976.533.39$273,174
Dec 20222,5557,67676.415.73$239,204
Nov 20222,6699,05485.005.65$277,986
Oct 20222,90310,68087.185.86$315,709
Sep 20222,91014,22984.888.16$363,162
Aug 20223,06516,42994.529.13$439,654
Jul 20223,1056,624101.587.54$365,365
Jun 20223,30013,369115.097.98$486,444
May 20223,50816,836109.378.43$525,649
Apr 20223,35914,582104.226.84$449,781
Mar 20223,57014,788108.885.08$463,771
Feb 20223,18315,80391.054.86$366,596
Jan 20223,61315,95181.844.54$368,068
Dec 20214,05815,03871.323.90$348,052
Nov 20213,71317,96177.435.24$381,557
Oct 20214,28819,82579.795.71$455,417
Sep 20215,08818,95569.865.35$456,874
Aug 20215,56421,17866.024.22$456,719
Jul 20215,74320,39470.783.98$487,700
Jun 20215,06220,07069.493.38$419,607
May 20215,41423,41763.483.02$414,346
Apr 20215,58622,70560.362.76$399,801
Mar 20216,14720,87961.302.72$433,538
Feb 20215,44716,56657.805.55$406,744
Jan 20216,77620,67350.412.81$399,675
Dec 20207,38621,16744.642.68$386,343
Nov 20207,96625,74438.772.71$378,520
Oct 20208,27020,01736.972.48$355,353
Sep 20209,19224,26337.091.99$389,240
Aug 202010,15425,45939.982.39$466,679
Jul 202012,26627,64438.371.83$521,100
Jun 202013,18128,26834.901.69$507,799
May 202016,57131,43816.921.81$337,433
Apr 20208,65216,67214.751.80$157,700

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                1,291 bbl  × $106.41 =   $137,375
Casinghead gas     9,590 Mcf  × $  3.05 =    $29,210

────────────────────────────────────────────────────
Month total                                 $166,585

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/54270 is the state's own key, not one this site invented.