RAMSES 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 60039District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$64.4 M
Oct 2022 – May 2026
Value, last 12 filed months
$8.9 M
at the published price for each month
Months reported
44
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
OilDisposition748,372 bbl$56,883,373
Casinghead gasProduction2,224,079 Mcf$7,468,228
Total$64,351,601

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 31.4015, -103.5047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.40150, -103.50469 · 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
10,520 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 10,341 and 10,698 ft, median 10,520 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2022
2 of 2 wells

2 wells

42-38939952233H10,698 ftOct 2022
42-38939956132H10,341 ftOct 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 (44)

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

44 months

May 20267,13541,017106.413.05$884,167
Apr 20267,62940,84198.932.87$871,939
Mar 20267,81841,09889.753.15$831,101
Feb 20266,80435,77563.503.75$566,222
Jan 20267,59738,22559.138.00$754,931
Dec 20257,55340,82156.664.41$608,111
Nov 20257,20341,10758.593.93$583,428
Oct 20258,95449,10859.383.30$693,983
Sep 20259,26740,94962.743.08$707,408
Aug 202510,22142,02663.933.01$780,127
Jul 202511,02944,45166.743.32$883,439
Jun 20259,61035,47866.483.13$749,874
May 20259,96523,94160.553.23$680,766
Apr 20259,19930,95062.363.54$683,309
Mar 202510,7354,31267.704.27$745,165
Feb 20259,44430,36670.884.34$801,205
Jan 20258,02927,25474.324.28$713,326
Dec 202410,87141,65568.993.12$880,011
Nov 20248,50438,69569.052.20$672,270
Oct 20249,88136,58971.372.28$788,681
Sep 202410,84940,96369.612.36$852,050
Aug 202412,06144,50575.632.06$1,004,015
Jul 202412,37644,70079.932.15$1,085,166
Jun 202411,25438,04978.082.63$978,933
May 202413,45141,26778.812.20$1,150,796
Apr 202413,75441,84284.451.66$1,230,950
Mar 202414,25547,51780.301.55$1,218,096
Feb 202414,75449,94976.091.78$1,211,723
Jan 202414,57244,94673.023.30$1,212,264
Dec 202317,34450,03371.262.61$1,366,556
Nov 202317,18144,31777.892.81$1,462,651
Oct 202317,32754,28985.443.09$1,648,024
Sep 202317,68550,14289.042.74$1,711,813
Aug 202319,30748,44880.522.67$1,684,095
Jul 202322,23859,27674.852.64$1,821,110
Jun 202323,80962,88368.962.26$1,783,889
May 202326,83264,59270.622.23$2,038,748
Apr 202328,36357,90478.122.24$2,345,293
Mar 202335,41786,65572.852.39$2,787,508
Feb 202328,60764,03575.112.47$2,306,562
Jan 202343,012102,26876.533.39$3,638,164
Dec 202256,245130,27076.415.73$5,044,008
Nov 202274,627173,45885.005.65$7,322,674
Oct 202225,60457,11387.185.86$2,567,054

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                7,135 bbl  × $106.41 =   $759,235
Casinghead gas    41,017 Mcf  × $  3.05 =   $124,931

────────────────────────────────────────────────────
Month total                                 $884,167

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/60039 is the state's own key, not one this site invented.