LOFTIN HUGHES 1211

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 20673District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$5.3 M
Mar 2020 – May 2026
Value, last 12 filed months
$531 k
at the published price for each month
Months reported
75
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 721 leases and 1,413 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 80 acres. The field rule took effect on 2024-02-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 02/01/2024.

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
OilDisposition40,171 bbl$2,631,967
Casinghead gasProduction747,217 Mcf$2,650,331
Total$5,282,298

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 31.3438, -101.5097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34379, -101.50968 · 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
7,510 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 7,510 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-3833963206HS7,510 ftAug 2021

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 (75)

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

75 months

May 20261553,235106.413.05$26,347
Apr 202619098.932.87$1,880
Mar 20263444,34089.753.15$44,543
Feb 20264905,39963.503.75$51,363
Jan 20264595,22459.138.00$68,922
Dec 20255435,65756.664.41$55,733
Nov 20255025,38058.593.93$50,536
Oct 20255736,02159.383.30$53,923
Sep 20255125,60662.743.08$49,372
Aug 20253665,41263.933.01$39,714
Jul 20254455,09366.743.32$46,584
Jun 20254224,56666.483.13$42,340
May 20254454,68060.553.23$42,072
Apr 20255004,45762.363.54$46,972
Mar 202522394567.704.27$19,131
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20248068.993.12$552
Nov 20241421,09369.052.20$12,208
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024118079.932.15$9,432
Jun 2024641,66178.082.63$9,372
May 202440712,71578.812.20$60,029
Apr 20241394,87084.451.66$19,819
Mar 202436412,11080.301.55$47,941
Feb 202441413,15476.091.78$54,963
Jan 202448414,67773.023.30$83,741
Dec 202350614,72771.262.61$74,506
Nov 202345114,53477.892.81$75,933
Oct 202348215,12685.443.09$87,880
Sep 202346514,54789.042.74$81,190
Aug 202349115,24580.522.67$80,283
Jul 202344115,00674.852.64$72,652
Jun 202352514,16968.962.26$68,204
May 202332110,13370.622.23$45,239
Apr 202354312,07978.122.24$69,449
Mar 202357812,51472.852.39$72,055
Feb 202371812,62075.112.47$85,046
Jan 202372114,30676.533.39$103,643
Dec 202265314,44176.415.73$132,629
Nov 202256815,42785.005.65$135,384
Oct 202255215,42387.185.86$138,560
Sep 202250512,67084.888.16$146,298
Aug 20224778,57894.529.13$123,379
Jul 202263911,969101.587.54$155,181
Jun 202267111,293115.097.98$167,312
May 202271010,645109.378.43$167,422
Apr 202273210,925104.226.84$150,990
Mar 202278610,657108.885.08$139,679
Feb 20226279,41291.054.86$102,820
Jan 20226339,49281.844.54$94,876
Dec 20216327,64971.323.90$74,899
Nov 202166610,01777.435.24$104,026
Oct 202169411,24279.795.71$119,610
Sep 202160210,20469.865.35$96,657
Aug 20217326,45866.024.22$75,583
Jul 2021116070.783.98$8,210
Jun 202173012,77169.493.38$93,902
May 202185814,39363.483.02$97,899
Apr 202179515,04160.362.76$89,476
Mar 202189515,33861.302.72$96,536
Feb 202186411,41257.805.55$113,252
Jan 202194718,10350.412.81$98,613
Dec 202096317,83644.642.68$90,708
Nov 202087017,95138.772.71$82,316
Oct 202095418,37136.972.48$80,801
Sep 202090818,04837.091.99$69,612
Aug 202086917,87039.982.39$77,364
Jul 202099218,63238.371.83$72,069
Jun 202096518,03634.901.69$64,165
May 20201,02518,98516.921.81$51,796
Apr 20201,02117,91414.751.80$47,383
Mar 20201,14018,71330.341.86$69,323

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                  155 bbl  × $106.41 =    $16,494
Casinghead gas     3,235 Mcf  × $  3.05 =     $9,853

────────────────────────────────────────────────────
Month total                                  $26,347

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/20673 is the state's own key, not one this site invented.