KING DAVID MIPA 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 55173District 08Field 71052900OilCasinghead gasSave
Value, all time
$93.7 M
Feb 2019 – May 2026
Value, last 12 filed months
$7.2 M
at the published price for each month
Months reported
88
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,227,908 bbl$79,812,977
Casinghead gasProduction4,236,322 Mcf$13,914,279
Total$93,727,255

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 31.4004, -103.4978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.40036, -103.49783 · 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
10,767 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 10,591 and 10,943 ft, median 10,767 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2019 – Oct 2022
2 of 2 wells

2 wells

42-38939924221H10,591 ftOct 2022
42-389363311H10,943 ftFeb 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 (88)

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

88 months

May 20265,59529,162106.413.05$684,187
Apr 20266,07930,70598.932.87$689,510
Mar 20264,61225,84689.753.15$495,327
Feb 20265,29330,72263.503.75$451,323
Jan 20266,82942,41859.138.00$743,055
Dec 20256,87843,49956.664.41$581,684
Nov 20256,66643,87858.593.93$562,845
Oct 20257,35547,19159.383.30$592,699
Sep 20257,13646,59262.743.08$591,073
Aug 20257,65347,69563.933.01$633,045
Jul 20258,20945,64866.743.32$699,201
Jun 20256,08231,93466.483.13$504,244
May 20258,06648,79260.553.23$646,108
Apr 20257,80748,55662.363.54$658,884
Mar 20258,10293367.704.27$552,488
Feb 20257,71341,16570.884.34$725,388
Jan 20259,07941,48174.324.28$852,235
Dec 20247,23632,66268.993.12$601,162
Nov 20247,28931,18269.052.20$571,857
Oct 20246,03832,34571.372.28$504,724
Sep 20247,68546,46269.612.36$644,806
Aug 20248,05742,17775.632.06$696,389
Jul 20249,02349,43879.932.15$827,332
Jun 202410,03049,78878.082.63$914,283
May 202410,94252,89878.812.20$978,632
Apr 202411,44851,46484.451.66$1,052,173
Mar 202411,85550,08280.301.55$1,029,340
Feb 202411,71846,69476.091.78$974,908
Jan 202410,56337,23873.023.30$894,109
Dec 202311,88146,40571.262.61$967,791
Nov 202313,14149,46077.892.81$1,162,414
Oct 202313,41852,02085.443.09$1,307,034
Sep 202313,07449,95189.042.74$1,300,727
Aug 202314,12452,30180.522.67$1,277,059
Jul 202315,71157,88774.852.64$1,328,894
Jun 202315,70855,95368.962.26$1,209,592
May 202316,62159,72770.622.23$1,306,811
Apr 202316,77953,85178.122.24$1,431,281
Mar 202319,46758,74272.852.39$1,558,750
Feb 202319,09856,46875.112.47$1,573,683
Jan 202324,86671,82476.533.39$2,146,315
Dec 202232,51089,45076.415.73$2,996,555
Nov 202240,730107,24985.005.65$4,067,599
Oct 202217,70141,09187.185.86$1,784,121
Sep 20220084.888.16$0
Aug 20225,82124,57694.529.13$774,510
Jul 20229,68333,352101.587.54$1,235,143
Jun 20229,72531,255115.097.98$1,368,578
May 20227,72031,595109.378.43$1,110,778
Apr 20227,93134,634104.226.84$1,063,382
Mar 20228,90336,489108.885.08$1,154,591
Feb 20227,96133,26791.054.86$886,488
Jan 20229,04237,77481.844.54$911,404
Dec 20219,28838,43771.323.90$812,291
Nov 20218,64136,88177.435.24$862,213
Oct 20219,60240,44279.795.71$997,224
Sep 20219,45839,24269.865.35$870,717
Aug 20219,97640,79966.024.22$830,811
Jul 202110,20343,89470.783.98$896,958
Jun 20218,67934,49269.493.38$719,708
May 202110,88948,59563.483.02$837,877
Apr 202110,89345,96060.362.76$784,278
Mar 202112,66350,53661.302.72$913,545
Feb 202111,41147,87257.805.55$925,147
Jan 202114,24958,26050.412.81$882,018
Dec 202015,02564,41644.642.68$843,058
Nov 202016,872138.772.71$654,130
Oct 202013,21645,80036.972.48$602,108
Sep 202012,64440,70337.091.99$550,007
Aug 202013,60042,95939.982.39$646,190
Jul 202014,21344,76938.371.83$627,062
Jun 202014,31045,48734.901.69$576,306
May 202014,10640,80216.921.81$312,719
Apr 202015,50746,35714.751.80$312,374
Mar 202016,28449,41530.341.86$585,782
Feb 202016,65447,63749.881.98$925,055
Jan 202018,62752,58457.252.09$1,176,546
Dec 201920,24555,42659.012.30$1,322,379
Nov 201921,24956,08355.302.75$1,329,337
Oct 201923,59362,81153.472.42$1,413,429
Sep 201924,56562,79155.052.66$1,519,157
Aug 201927,88671,19053.112.30$1,645,073
Jul 201929,64879,61956.272.46$1,864,160
Jun 201931,74578,21152.782.49$1,870,340
May 201940,851101,53258.482.74$2,667,197
Apr 201948,835123,77762.632.75$3,399,009
Mar 201941,860101,39456.803.06$2,688,127
Feb 201927,76863,18050.852.79$1,588,415

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                5,595 bbl  × $106.41 =   $595,364
Casinghead gas    29,162 Mcf  × $  3.05 =    $88,823

────────────────────────────────────────────────────
Month total                                 $684,187

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/55173 is the state's own key, not one this site invented.