JESSE JAMES 5-4 EAST B 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 60498District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.5 M
Apr 2023 – May 2026
Value, last 12 filed months
$5.0 M
at the published price for each month
Months reported
38
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
OilDisposition363,725 bbl$26,947,497
Casinghead gasProduction1,238,180 Mcf$3,580,276
Total$30,527,774

Wells on this lease (1)

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 31.3460, -103.3616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34598, -103.36162 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,814 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,814 ft.

Completions filed
Apr 2023
1 of 1 wells

1 well

42-38940279234H10,814 ftApr 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 (38)

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

38 months

May 20264,27221,613106.413.05$520,413
Apr 20264,30820,81098.932.87$485,909
Mar 20264,17522,33389.753.15$445,043
Feb 20264,07720,56563.503.75$336,015
Jan 20264,52523,32759.138.00$454,131
Dec 20254,75323,85356.664.41$374,577
Nov 20254,67323,59658.593.93$366,439
Oct 20254,94324,74959.383.30$375,307
Sep 20254,88524,78362.743.08$382,740
Aug 20255,11426,82363.933.01$407,803
Jul 20255,51527,96266.743.32$460,771
Jun 20255,33627,10866.483.13$439,551
May 20253,33716,79160.553.23$256,329
Apr 20255,63326,69562.363.54$445,857
Mar 20256,07227,97967.704.27$530,498
Feb 20255,93825,44670.884.34$531,342
Jan 20256,62428,49974.324.28$614,234
Dec 20246,65839,38168.993.12$582,258
Nov 20246,54227,27269.052.20$511,681
Oct 20246,86326,44271.372.28$550,137
Sep 20246,83427,10369.612.36$539,796
Aug 20247,34129,17175.632.06$615,398
Jul 20247,59329,16279.932.15$669,507
Jun 20247,77829,28378.082.63$684,437
May 20248,69632,47978.812.20$756,735
Apr 20249,12932,22984.451.66$824,418
Mar 202410,31735,86380.301.55$883,868
Feb 202410,99838,29176.091.78$905,135
Jan 202413,41845,43273.023.30$1,129,602
Dec 202314,14942,79271.262.61$1,119,976
Nov 20239,89626,97577.892.81$846,533
Oct 202313,35436,19085.443.09$1,252,694
Sep 202315,36341,08889.042.74$1,480,299
Aug 202319,76248,69980.522.67$1,721,403
Jul 202325,28965,57974.852.64$2,066,128
Jun 202332,50175,53268.962.26$2,411,856
May 202345,62592,94970.622.23$3,429,072
Apr 20231,4393,33678.122.24$119,880

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                4,272 bbl  × $106.41 =   $454,584
Casinghead gas    21,613 Mcf  × $  3.05 =    $65,830

────────────────────────────────────────────────────
Month total                                 $520,413

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/60498 is the state's own key, not one this site invented.