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MUSTANG 160 MIPA UNIT

Operated by PERMIAN DEEP ROCK OIL CO., LLC (P-5 655805) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 57862District 08Field 85280300OilCasinghead gasSave
Value, all time
$90.6 M
Aug 2022 – May 2026
Value, last 12 filed months
$14.4 M
at the published price for each month
Months reported
46
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
OilDisposition1,079,117 bbl$83,176,158
Casinghead gasProduction2,183,273 Mcf$7,467,966
Total$90,644,124

Wells on this lease (3)

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 32.0053, -102.0882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00530, -102.08818 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,051 ft
3 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.
3100.0%

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 8,332 and 9,804 ft, median 9,051 ft, over the 3 wells that filed a depth.

Completions filed
Aug 2022 – May 2025
3 of 3 wells

3 wells

42-32945620H160MX8,332 ftMay 2025——
42-32944951H160WB9,804 ftAug 2022——
42-32944952H160LS9,051 ftAug 2022——

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 (46)

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

46 months

May 202600106.413.05$0
Apr 202613,66145,12198.932.87$1,480,967
Mar 202617,78462,28989.753.15$1,792,289
Feb 202616,17150,35563.503.75$1,215,706
Jan 202619,53352,50459.138.00$1,574,909
Dec 202519,53344,95456.664.41$1,305,138
Nov 202519,34137,48858.593.93$1,280,384
Oct 202517,84028,24959.383.30$1,152,698
Sep 202518,52424,18262.743.08$1,236,602
Aug 202518,85222,87563.933.01$1,274,171
Jul 202515,76417,69966.743.32$1,110,765
Jun 202513,53110,32966.483.13$931,857
May 202512,66712,13260.553.23$806,201
Apr 20255311,56562.363.54$38,658
Mar 202514511767.704.27$10,316
Feb 20251382,68770.884.34$21,445
Jan 20254,79530,01774.324.28$484,798
Dec 20246,84834,51368.993.12$580,171
Nov 20246,98634,54469.052.20$558,326
Oct 20248,40044,80671.372.28$701,728
Sep 20248,37144,76369.612.36$688,541
Aug 20248,74544,70875.632.06$753,645
Jul 20248,98845,51879.932.15$816,119
Jun 202411,18052,03278.082.63$1,009,986
May 202412,02555,94378.812.20$1,070,678
Apr 202413,00154,21084.451.66$1,187,880
Mar 202416,85260,76980.301.55$1,447,112
Feb 202419,02765,83776.091.78$1,565,194
Jan 202421,03174,15673.023.30$1,780,225
Dec 202324,10889,03371.262.61$1,950,376
Nov 202326,99793,80977.892.81$2,366,171
Oct 202331,92387,49685.443.09$2,997,626
Sep 202335,57479,54989.042.74$3,385,079
Aug 202340,76181,15980.522.67$3,499,004
Jul 202343,35066,24774.852.64$3,419,759
Jun 202334,59542,40568.962.26$2,481,442
May 202326,58838,47770.622.23$1,963,348
Apr 202313,56738,24678.122.24$1,145,439
Mar 202330,96540,98572.852.39$2,353,884
Feb 202339,62552,57275.112.47$3,105,859
Jan 202366,687100,61576.533.39$5,444,412
Dec 202268,42689,38576.415.73$5,740,524
Nov 202268,05670,33485.005.65$6,181,880
Oct 202275,48568,73187.185.86$6,983,804
Sep 202269,48658,35984.888.16$6,374,396
Aug 202232,66031,50994.529.13$3,374,611

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.

Apr 2026 — as filed, then multipliedworked
Oil               13,661 bbl  × $ 98.93 = $1,351,483
Casinghead gas    45,121 Mcf  × $  2.87 =   $129,485

────────────────────────────────────────────────────
Month total                               $1,480,967

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/57862 is the state's own key, not one this site invented.