JULIE HUGHES UNIT 8-3

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20506District 7CField 85279201OilCasinghead gasSave
Value, all time
$82.7 M
Jul 2019 – May 2026
Value, last 12 filed months
$5.8 M
at the published price for each month
Months reported
83
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
OilDisposition949,954 bbl$63,313,889
Casinghead gasProduction5,853,563 Mcf$19,382,814
Total$82,696,703

Wells on this lease (4)

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 31.3439, -101.4743. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.34391, -101.47496 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
7,749 ft
4 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.
4100.0%

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 7,428 and 8,012 ft, median 7,749 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2019 – Sep 2022
4 of 4 wells

4 wells

42-383410634A7,428 ftSep 2022
42-383410623BL8,012 ftAug 2022
42-383405821BU7,733 ftNov 2019
42-383405832BU7,765 ftNov 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 (83)

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

83 months

May 20262,62339,739106.413.05$400,152
Apr 20263,79253,38198.932.87$528,331
Mar 20264,51173,00789.753.15$634,793
Feb 20264,29661,87863.503.75$504,858
Jan 20264,93667,68259.138.00$833,181
Dec 20254,66857,09856.664.41$516,483
Nov 20254,35354,12958.593.93$467,577
Oct 20254,64751,66459.383.30$446,680
Sep 20254,89441,96462.743.08$436,169
Aug 20254,29037,75663.933.01$388,085
Jul 20254,56526,61066.743.32$392,886
Jun 20252,16034,43766.483.13$251,341
May 20256,754108,04960.553.23$758,204
Apr 20257,456105,50762.363.54$838,780
Mar 20256,575105,95967.704.27$897,394
Feb 20256,47595,34270.884.34$872,812
Jan 20257,454105,34674.324.28$1,004,723
Dec 20247,779110,21068.993.12$880,679
Nov 20247,350100,60369.052.20$728,687
Oct 20248,212110,11271.372.28$837,300
Sep 20248,111102,93069.612.36$807,970
Aug 20248,547101,84975.632.06$856,588
Jul 20248,83691,44979.932.15$902,565
Jun 20248,747103,96878.082.63$956,815
May 202410,178107,07478.812.20$1,037,524
Apr 20249,182103,16784.451.66$946,595
Mar 202410,320106,75080.301.55$993,639
Feb 202410,09495,98476.091.78$939,253
Jan 202411,40390,85773.023.30$1,132,263
Dec 202312,180101,80771.262.61$1,133,736
Nov 202311,724109,48877.892.81$1,220,576
Oct 202313,409110,63785.443.09$1,487,232
Sep 202313,724110,98489.042.74$1,525,531
Aug 202315,015114,20280.522.67$1,514,256
Jul 202315,490110,14974.852.64$1,450,418
Jun 202316,269107,82568.962.26$1,365,431
May 202318,224109,27970.622.23$1,530,387
Apr 202319,02595,05378.122.24$1,698,939
Mar 202321,03198,54972.852.39$1,767,952
Feb 202319,83470,84475.112.47$1,664,410
Jan 202324,90489,32276.533.39$2,208,501
Dec 202225,53982,19076.415.73$2,422,308
Nov 202233,34682,40185.005.65$3,299,663
Oct 202237,76061,40187.185.86$3,651,958
Sep 202218,43320,93284.888.16$1,735,475
Aug 20222,1724,79094.529.13$249,017
Jul 20225,45961,610101.587.54$1,019,193
Jun 20225,45461,131115.097.98$1,115,355
May 20225,49663,273109.378.43$1,134,681
Apr 20226,59355,711104.226.84$1,068,052
Mar 20225,84855,660108.885.08$919,283
Feb 20225,14547,14991.054.86$697,542
Jan 20226,98557,00881.844.54$830,336
Dec 20216,57657,76371.323.90$694,225
Nov 20216,75657,31877.435.24$823,283
Oct 20217,82860,44379.795.71$969,960
Sep 20217,24458,32069.865.35$818,131
Aug 20216,71659,01366.024.22$692,460
Jul 20218,00959,75170.783.98$804,810
Jun 20218,18665,64769.493.38$790,773
May 20218,67771,29563.483.02$765,961
Apr 20219,10767,87860.362.76$736,935
Mar 202111,26368,49761.302.72$876,524
Feb 20216,88734,36857.805.55$588,741
Jan 202111,29871,75250.412.81$771,175
Dec 202011,11976,98244.642.68$702,314
Nov 202011,47179,66938.772.71$660,360
Oct 202013,28988,28136.972.48$710,093
Sep 202013,01591,85537.091.99$665,613
Aug 202016,36690,53539.982.39$870,248
Jul 202020,11679,16338.371.83$916,333
Jun 202022,16222,44534.901.69$811,393
May 202001,56716.921.81$2,844
Apr 202018,26167,93714.751.80$391,934
Mar 202023,10497,14830.341.86$881,304
Feb 202023,95762,44049.881.98$1,318,648
Jan 202032,71862,88257.252.09$2,004,827
Dec 201946,65361,23859.012.30$2,894,108
Nov 201946,90913,48055.302.75$2,631,147
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0

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                2,623 bbl  × $106.41 =   $279,113
Casinghead gas    39,739 Mcf  × $  3.05 =   $121,039

────────────────────────────────────────────────────
Month total                                 $400,152

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. 7C/O/20506 is the state's own key, not one this site invented.