PEREGRINE 27

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 54998District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.7 M
Jun 2020 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
72
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition136,162 bbl$9,408,144
Casinghead gasProduction930,210 Mcf$3,279,455
Total$12,687,599

Wells on this lease (9)

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 31.3784, -103.4323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.37783, -103.43182 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
11,765 ft
9 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.
9100.0%

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

Total depth in feet, 9 of 9 wells. Median 11,765 ft, with the middle half between 10,663 and 11,807 ft; the shallowest is 10,654 ft and the deepest 12,000 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Jan 2013 – Feb 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2013 – Feb 2015
9 of 9 wells

9 wells

42-389346089H10,654 ftFeb 2015
42-389344987H10,659 ftJan 2015
42-389345038H12,000 ftJan 2015
42-389342916H10,663 ftDec 2014
42-389342105H10,939 ftAug 2014
42-38933637411,807 ftJul 2013
42-38933627311,765 ftMar 2013
42-38933449211,820 ftFeb 2013
42-38933429111,790 ftJan 2013

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 (72)

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

72 months

May 20261,07219,455106.413.05$173,328
Apr 20261,25520,14998.932.87$181,979
Mar 20261,57321,42989.753.15$208,666
Feb 202672116,26463.503.75$106,779
Jan 20261,35014,32359.138.00$194,380
Dec 20251,61616,22656.664.41$163,174
Nov 202590317,20258.593.93$120,449
Oct 20251,57920,09359.383.30$160,165
Sep 20251,64821,61162.743.08$169,891
Aug 20251,78221,25963.933.01$178,014
Jul 20251,61421,30366.743.32$178,342
Jun 20251,73725,40266.483.13$194,952
May 20251,62729,19660.553.23$192,886
Apr 20251,64327,22362.363.54$198,912
Mar 20251,44522,61167.704.27$194,337
Feb 20251,85017,16970.884.34$205,656
Jan 20251,66616,35074.324.28$193,774
Dec 20241,45623,92568.993.12$175,128
Nov 20241,61120,22469.052.20$155,701
Oct 20242,25823,19371.372.28$214,066
Sep 20241,36817,58369.612.36$136,799
Aug 20241,56619,45775.632.06$158,589
Jul 20242,05613,11179.932.15$192,480
Jun 20241,53813,68478.082.63$156,130
May 20241,71312,09578.812.20$161,592
Apr 20241,88612,54684.451.66$180,089
Mar 20242,05513,93580.301.55$186,548
Feb 20242,23510,86376.091.78$189,437
Jan 20241,95711,19973.023.30$179,831
Dec 20232,27115,67971.262.61$202,765
Nov 20232,23613,91477.892.81$213,226
Oct 20231,87814,31485.443.09$204,648
Sep 20231,89713,65289.042.74$206,248
Aug 20232,35611,49380.522.67$220,425
Jul 20232,2769,48974.852.64$195,427
Jun 20232,2047,92668.962.26$169,889
May 20231,35510,67770.622.23$119,472
Apr 20231,2195,74778.122.24$108,089
Mar 20231,57313,15272.852.39$146,068
Feb 20231,56211,77275.112.47$146,348
Jan 20231,60410,35776.533.39$157,841
Dec 20221,5768,27676.415.73$167,836
Nov 20221,8759,98385.005.65$215,741
Oct 20221,7469,56187.185.86$208,280
Sep 20222,09410,65684.888.16$264,731
Aug 20221,3708,52994.529.13$207,338
Jul 20222,22712,264101.587.54$318,715
Jun 20221,3553,352115.097.98$182,687
May 20221,2229,074109.378.43$210,172
Apr 20228794,558104.226.84$122,775
Mar 20221,3084,432108.885.08$164,914
Feb 20229533,48791.054.86$103,713
Jan 20221,3029,62281.844.54$150,217
Dec 20211,5329,11271.323.90$144,791
Nov 20211,8245,08477.435.24$167,856
Oct 20212,2608,58779.795.71$229,390
Sep 20212,2328,16869.865.35$199,634
Aug 20212,39210,62466.024.22$202,759
Jul 20212,44314,03970.783.98$228,820
Jun 20211,4559,69569.493.38$133,883
May 20212,59212,53063.483.02$202,352
Apr 20212,97110,09560.362.76$207,176
Mar 20212,63310,20261.302.72$189,121
Feb 20212,4217,76557.805.55$183,014
Jan 20212,5629,37050.412.81$155,483
Dec 20202,7639,90244.642.68$149,833
Nov 20202,5906,58838.772.71$118,245
Oct 20202,3877,84836.972.48$107,698
Sep 20203,12411,91337.091.99$139,588
Aug 20202,7605,78639.982.39$124,145
Jul 20202,3041,85638.371.83$91,792
Jun 20205,799034.901.69$202,385

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                1,072 bbl  × $106.41 =   $114,072
Casinghead gas    19,455 Mcf  × $  3.05 =    $59,257

────────────────────────────────────────────────────
Month total                                 $173,328

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/54998 is the state's own key, not one this site invented.