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BRIDWELL 54-1-40 LOV

Operated by PDEH LLC (P-5 646827) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277180District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Dec 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
no gaps in the span
Streams
2
condensate, gas

The SANDBAR (BONE SPRING) field

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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 2015-08-25.

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: “DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13”

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 Gas112016-03-08218128
NGPA1none——

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
CondensateDisposition61,161 bbl$4,654,671
GasProduction522,608 Mcf$1,835,640
Total$6,490,311

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 31.8992, -103.6527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89918, -103.65272 · 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
8,720 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 8,720 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-301318191H8,720 ftDec 2012——

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 (162)

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

162 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 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021334069.865.35$23,333
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019410762.632.75$545
Mar 20192112,36456.803.06$19,224
Feb 20198491,87950.852.79$48,418
Jan 20196872,30546.033.23$39,064
Dec 20185102,36746.594.19$33,668
Nov 201812,35552.934.24$10,032
Oct 20185354,52361.443.40$48,240
Sep 20183603,59459.543.11$32,605
Aug 20186181,57759.403.07$41,545
Jul 201867310065.142.93$44,132
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201801163.842.90$32
Mar 2018051761.222.79$1,441
Feb 201801,00261.782.77$2,772
Jan 20180062.874.01$0
Dec 2017015257.272.92$444
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201737085647.523.09$20,225
Aug 201701,46845.373.00$4,410
Jul 20173702,86443.873.09$25,074
Jun 20173644,99342.493.09$30,881
May 20177423,10745.373.26$43,804
Apr 201704,46047.933.21$14,324
Mar 20177403,83746.772.98$46,058
Feb 20173722,00750.452.95$24,693
Jan 20173724,05549.413.42$32,244
Dec 20163643,73948.763.72$31,668
Nov 20165553,91942.492.64$33,945
Oct 20165573,73146.193.09$37,258
Sep 20163693,68541.553.10$26,758
Aug 20163713,88641.442.92$26,738
Jul 20163713,16141.622.92$24,685
Jun 20165464,09445.352.69$35,757
May 20163733,76842.521.99$23,362
Apr 20165473,84636.561.99$27,656
Mar 20165614,28033.011.79$26,197
Feb 20165644,83326.472.06$24,903
Jan 20163643,41227.352.36$18,023
Dec 20157568,34032.362.00$41,156
Nov 20151918,50338.792.17$25,838
Oct 201509,04743.552.43$21,953
Sep 20159358,96542.992.76$64,925
Aug 20157297,97540.162.87$52,185
Jul 20159126,48548.152.95$63,012
Jun 20155438,10656.152.88$53,858
May 20155477,02155.212.96$50,950
Apr 201572310,03649.822.71$63,183
Mar 201570811,42842.892.93$63,904
Feb 20157519,28644.662.98$61,177
Jan 201555910,65643.433.10$57,318
Dec 201493510,54654.693.59$89,010
Nov 201455910,83870.464.25$85,469
Oct 201492912,29978.303.90$120,719
Sep 201493010,43086.164.05$122,323
Aug 201474110,88089.394.04$110,140
Jul 20141,06711,96996.564.18$153,055
Jun 20147339,64798.164.74$117,648
May 20141,28610,88894.734.73$173,286
Apr 20141,1078,36995.944.81$146,453
Mar 20149386,94595.895.06$125,064
Feb 20141,3337,09297.406.19$173,748
Jan 20145943,87190.404.86$72,513
Dec 20131,2815,29991.824.35$140,696
Nov 20139298,83188.853.74$115,554
Oct 20131,11211,01397.423.78$149,953
Sep 20131,32216,773104.113.72$199,991
Aug 20131,5009,493104.253.52$189,815
Jul 20131,30511,169102.523.72$175,312
Jun 20131,87312,67594.403.93$226,667
May 20131,65911,50994.834.15$205,075
Apr 20132,07114,59893.964.28$257,108
Mar 20132,44712,88193.623.91$279,490
Feb 20132,64016,10591.233.42$295,925
Jan 20134,14033,37591.603.42$493,364
Dec 20126,72242,41186.773.42$728,320

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.

Sep 2021 — as filed, then multipliedworked
Condensate           334 bbl  × $ 69.86 =    $23,333
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $23,333

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/277180 is the state's own key, not one this site invented.