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OKINAWA 24-11 UNIT

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 55085District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$53.0 M
Jan 2020 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
77
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
OilDisposition709,482 bbl$40,058,058
Casinghead gasProduction3,734,269 Mcf$12,923,388
Total$52,981,446

Wells on this lease (2)

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 31.3302, -103.6154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.33024, -103.61539 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,564 ft
2 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.
2100.0%

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 10,542 and 10,585 ft, median 10,564 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2020
2 of 2 wells

2 wells

42-389376341H10,542 ftJan 2020——
42-38938512322H10,585 ftJan 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 (77)

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

77 months

May 20262,32916,127106.413.05$296,949
Apr 20262,89515,86698.932.87$331,933
Mar 20262,49015,09589.753.15$271,018
Feb 20262,32614,00963.503.75$200,239
Jan 20262,60914,27459.138.00$268,432
Dec 20251,91213,37356.664.41$167,354
Nov 20251,94312,93858.593.93$164,641
Oct 20251,71712,55259.383.30$143,438
Sep 20251,85113,98962.743.08$159,175
Aug 20252,13317,62763.933.01$189,504
Jul 20251,71316,82866.743.32$170,114
Jun 20251,12015,15366.483.13$121,867
May 20251,42619,85960.553.23$150,535
Apr 20251,23216,00062.363.54$133,517
Mar 20253,31844767.704.27$226,537
Feb 20253,09028,86870.884.34$344,331
Jan 20252,73732,83374.324.28$343,896
Dec 20242,61230,40468.993.12$275,104
Nov 20242,59927,48069.052.20$239,874
Oct 20242,98732,92771.372.28$288,302
Sep 20242,45925,85169.612.36$232,292
Aug 20242,31921,00875.632.06$218,739
Jul 20243,13041,22079.932.15$338,663
Jun 20243,04742,92378.082.63$350,968
May 20243,56946,91778.812.20$384,417
Apr 20242,81729,43184.451.66$286,728
Mar 20243,46632,10680.301.55$327,928
Feb 20244,01532,33576.091.78$363,175
Jan 20241,60315,71373.023.30$168,867
Dec 20231,66416,21571.262.61$160,909
Nov 20233,55136,16077.892.81$378,109
Oct 20234,80734,20285.443.09$516,301
Sep 20234,54832,61389.042.74$494,152
Aug 20236,92140,75380.522.67$666,207
Jul 20236,73713,16874.852.64$539,052
Jun 20235,15840,18268.962.26$446,446
May 20235,41745,74770.622.23$484,445
Apr 20235,72245,64478.122.24$549,143
Mar 20235,63547,47272.852.39$524,118
Feb 20235,62143,86775.112.47$530,355
Jan 20235,92540,37876.533.39$590,230
Dec 20226,58347,83076.415.73$777,029
Nov 20226,19245,97985.005.65$785,927
Oct 20226,49154,82887.185.86$887,384
Sep 20225,94645,94784.888.16$879,793
Aug 20226,84446,14694.529.13$1,068,077
Jul 20226,73451,900101.587.54$1,075,474
Jun 20226,41149,755115.097.98$1,134,748
May 20227,30255,037109.378.43$1,262,749
Apr 20227,21355,447104.226.84$1,130,863
Mar 20227,72759,210108.885.08$1,141,889
Feb 20226,53453,22291.054.86$853,518
Jan 20229,02966,28681.844.54$1,039,718
Dec 20219,31672,16371.323.90$945,789
Nov 20218,83975,42077.435.24$1,079,367
Oct 20219,33772,82279.795.71$1,161,095
Sep 20218,90162,97669.865.35$958,803
Aug 20219,48152,49366.024.22$847,487
Jul 202113,62655,12270.783.98$1,183,948
Jun 20216,21334,86869.493.38$549,617
May 20219,85366,06763.483.02$824,837
Apr 202114,709101,23960.362.76$1,167,095
Mar 202114,18271,21061.302.72$1,062,830
Feb 20217,97235,26157.805.55$656,408
Jan 202114,85595,41350.412.81$1,016,977
Dec 202021,038132,10444.642.68$1,292,575
Nov 202024,103150,90338.772.71$1,342,903
Oct 202021,000105,18436.972.48$1,037,061
Sep 202014,71055,51037.091.99$656,117
Aug 202023,88086,87839.982.39$1,161,935
Jul 202028,11695,92238.371.83$1,253,880
Jun 202032,10697,13934.901.69$1,284,694
May 202020,60259,34416.921.81$456,280
Apr 202035,60290,51314.751.80$688,449
Mar 202045,804123,11830.341.86$1,618,229
Feb 202062,019140,86449.881.98$3,372,513
Jan 202037,04279,59557.252.09$2,287,385

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                2,329 bbl  × $106.41 =   $247,829
Casinghead gas    16,127 Mcf  × $  3.05 =    $49,120

────────────────────────────────────────────────────
Month total                                 $296,949

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/55085 is the state's own key, not one this site invented.