WHEAT TRUST C27-4 LOV

Operated by PDEH LLC (P-5 646827) in the HALEY (LWR. WOLFCAMP-PENN CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 239124District 08Field 381183002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.8 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
no gaps in the span
Streams
2
condensate, 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 193 leases and 193 wells, and the rule below applies to all of them.

Discovered
2005-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2005-01-13.

The Commission's schedule remark for this field reads: EXCEPT FOR THE SHUT IN WELLHEAD PRESSURE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas222008-10-16 – 2008-10-232 dockets
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1,428 bbl$113,476
GasProduction2,388,283 Mcf$12,655,042
Total$12,768,518

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 31.7416, -103.4985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74160, -103.49851 · 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
17,900 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 17,900 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-30131280117,900 ftMay 2008

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 (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220443101.587.54$3,341
Jun 202209,706115.097.98$77,427
May 2022011,293109.378.43$95,234
Apr 2022013,332104.226.84$91,159
Mar 202206,629108.885.08$33,651
Feb 20220091.054.86$0
Jan 2022036181.844.54$1,638
Dec 2021110,40171.323.90$40,626
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021289,42469.865.35$52,383
Aug 2021115,30666.024.22$64,666
Jul 2021114,99470.783.98$59,778
Jun 202111,18569.493.38$4,076
May 2021099563.483.02$3,003
Apr 20219060.362.76$543
Mar 2021507061.302.72$31,079
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020033639.982.39$801
Jul 20200138.371.83$2
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202023,12214.751.80$5,663
Mar 2020211,50330.341.86$21,413
Feb 2020410,87249.881.98$21,733
Jan 2020412,47457.252.09$26,359
Dec 2019613,10959.012.30$30,562
Nov 2019312,64655.302.75$34,951
Oct 2019313,91053.472.42$33,802
Sep 2019014,23155.052.66$37,816
Aug 2019015,14453.112.30$34,897
Jul 2019116,79656.272.46$41,375
Jun 2019014,02452.782.49$34,937
May 201902,69358.482.74$7,380
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201802,43546.594.19$10,192
Nov 201805,51252.934.24$23,356
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201704,98150.452.95$14,707
Jan 201701,86849.413.42$6,386
Dec 201606,19448.763.72$23,059
Nov 201601,04542.492.64$2,763
Oct 2016011,77546.193.09$36,388
Sep 201607,28641.553.10$22,591
Aug 2016010,23941.442.92$29,942
Jul 2016028041.622.92$819
Jun 201605,31345.352.69$14,270
May 201608,06842.521.99$16,064
Apr 201604,63436.561.99$9,226
Mar 201607,66433.011.79$13,749
Feb 201605026.472.06$103
Jan 201601,11327.352.36$2,632
Dec 201506,98032.362.00$13,970
Nov 201506,60938.792.17$14,324
Oct 201502,08943.552.43$5,069
Sep 201507,53442.992.76$20,782
Aug 201505,78540.162.87$16,617
Jul 201503,91248.152.95$11,521
Jun 201504,19356.152.88$12,088
May 201502,78555.212.96$8,231
Apr 201504,80349.822.71$13,000
Mar 201506,56142.892.93$19,255
Feb 201502,79944.662.98$8,330
Jan 201504543.433.10$140
Dec 201402,82554.693.59$10,146
Nov 201404,67970.464.25$19,894
Oct 2014010,65978.303.90$41,580
Sep 201409,38086.164.05$37,946
Aug 2014011,93989.394.04$48,175
Jul 201405,58496.564.18$23,339
Jun 201409,72998.164.74$46,085
May 2014010,79994.734.73$51,042
Apr 2014013,58995.944.81$65,351
Mar 2014020,36495.895.06$102,977
Feb 2014019,43897.406.19$120,360
Jan 201403,92890.404.86$19,093
Dec 201303,18491.824.35$13,865
Nov 2013014,26588.853.74$53,327
Oct 2013014,01797.423.78$52,975
Sep 2013016,687104.113.72$62,038
Aug 2013012,989104.253.52$45,755
Jul 2013016,211102.523.72$60,268
Jun 2013020,14994.403.93$79,254
May 2013022,35294.834.15$92,740
Apr 201306,71593.964.28$28,758
Mar 201301493.623.91$55
Feb 2013412,03791.233.42$10,707
Jan 201305,96491.603.42$20,396
Dec 20125915,03286.773.42$56,531
Nov 2012015,24886.953.62$55,273
Oct 2012015,31489.383.40$52,063
Sep 2012015,18494.672.92$44,313
Aug 2012014,43292.662.91$41,971
Jul 2012015,61085.133.02$47,155
Jun 2012314,74679.822.52$37,385
May 2012715,05891.612.49$38,110
Apr 2012314,461101.652.00$29,181
Mar 2012817,194105.052.22$39,047
Feb 2012016,592101.102.57$42,645
Jan 2012018,22098.092.73$49,815
Dec 2011018,53896.873.24$60,058
Nov 2011018,49795.723.31$61,249
Oct 2011018,82584.983.65$68,684
Sep 2011018,27083.623.99$72,821
Aug 2011018,55683.404.15$76,995
Jul 20112319,90594.144.52$92,081
Jun 2011519,55292.904.64$91,183
May 201133816,12398.134.40$104,187
Apr 201120620,467105.964.33$110,517
Mar 2011520,39696.364.06$83,235
Feb 2011317,36585.644.18$72,842
Jan 2011019,90186.504.59$91,321
Dec 2010021,86985.734.35$95,081
Nov 2010122,17780.843.80$84,250
Oct 2010021,92478.103.51$76,929
Sep 2010023,11372.633.98$91,977
Aug 2010024,42573.684.42$107,943
Jul 20101225,29572.554.74$120,680
Jun 2010025,41970.364.91$124,817
May 2010026,47871.124.24$112,140
Apr 2010026,65481.694.12$109,886
Mar 2010529,02878.394.39$127,786
Feb 20101128,00773.585.44$153,234
Jan 2010030,87374.365.96$184,129
Dec 2009033,19671.445.48$182,039
Nov 2009133,36774.593.75$125,251
Oct 2009036,05572.544.11$148,195
Sep 20091538,24665.543.06$118,198
Aug 2009635,99467.423.22$116,251
Jul 20092341,67361.133.46$145,782
Jun 20091625,49166.163.90$100,346
May 2009738,03754.743.93$149,707
Apr 20095439,79446.773.59$145,287
Mar 2009343,62542.144.06$177,200
Feb 2009042,46432.814.63$196,736
Jan 2009035,02635.865.37$188,125
Dec 2008038,41237.105.98$229,594
Nov 2008049,56355.496.86$340,020
Oct 2008068,89375.246.92$476,876
Sep 2008079,636101.767.88$627,300
Aug 20080110,989114.228.48$941,522
Jul 20080124,765131.0811.39$1,421,002
Jun 20080115,662131.3313.03$1,507,380
May 2008013,668123.1711.57$158,197

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.

Jul 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $101.58 =         $0
Gas                  443 Mcf  × $  7.54 =     $3,341

────────────────────────────────────────────────────
Month total                                   $3,341

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/G/239124 is the state's own key, not one this site invented.