MUSTANG 110 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 59409District 08Field 85280300OilCasinghead gasSave
Value, all time
$72.2 M
Jun 2023 – May 2026
Value, last 12 filed months
$11.2 M
at the published price for each month
Months reported
36
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
OilDisposition864,112 bbl$65,025,794
Casinghead gasProduction2,201,061 Mcf$7,147,324
Total$72,173,117

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 32.0075, -102.0779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00750, -102.07792 · 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
9,183 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 8,648 and 9,718 ft, median 9,183 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2023
2 of 2 wells

2 wells

42-32945529H110SS8,648 ftJun 2023
42-32942585H110WB9,718 ftJun 2023

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 (36)

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

36 months

May 202600106.413.05$0
Apr 20265,59384,23698.932.87$795,049
Mar 202610,843101,84989.753.15$1,293,927
Feb 20266,36980,97163.503.75$708,099
Jan 20267,07581,91259.138.00$1,073,470
Dec 20258,51085,96556.664.41$861,571
Nov 20258,94883,11858.593.93$850,621
Oct 202510,42283,03159.383.30$893,263
Sep 202510,405106,54062.743.08$980,625
Aug 202511,39492,31463.933.01$1,006,723
Jul 202515,075127,89866.743.32$1,430,113
Jun 202515,66489,77666.483.13$1,322,227
May 202518,23481,17660.553.23$1,366,456
Apr 202519,91181,53362.363.54$1,530,531
Mar 202517,62156,19267.704.27$1,432,787
Feb 20257,61239,98070.884.34$713,085
Jan 202518,09477,04274.324.28$1,674,384
Dec 202429,28887,17468.993.12$2,292,681
Nov 202432,338100,37869.052.20$2,453,614
Oct 202439,793100,36471.372.28$3,068,997
Sep 202442,62180,72069.612.36$3,157,699
Aug 202448,39477,25875.632.06$3,819,470
Jul 202440,04733,33579.932.15$3,272,513
Jun 202435,97527,19778.082.63$2,880,564
May 202441,75136,94678.812.20$3,371,620
Apr 202439,95331,51184.451.66$3,426,314
Mar 202446,07137,35580.301.55$3,757,220
Feb 202421,76620,26876.091.78$1,692,326
Jan 20241,8225,86673.023.30$152,387
Dec 20234,5697,02271.262.61$343,919
Nov 202316,99918,07177.892.81$1,374,788
Oct 202350,83251,17285.443.09$4,501,068
Sep 202346,79340,47089.042.74$4,277,136
Aug 202354,60841,38280.522.67$4,507,645
Jul 202356,24539,14174.852.64$4,313,341
Jun 202322,47711,89868.962.26$1,576,885

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                5,593 bbl  × $ 98.93 =   $553,315
Casinghead gas    84,236 Mcf  × $  2.87 =   $241,734

────────────────────────────────────────────────────
Month total                                 $795,049

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/59409 is the state's own key, not one this site invented.