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LOLA 34-198 WRD UNIT

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

Gas lease lease 287379District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Jan 2018 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
96
5 months not filed
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) 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 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.”

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 Gas112020-06-04223957
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
CondensateDisposition212,801 bbl$12,744,073
GasProduction1,578,390 Mcf$5,138,520
Total$17,882,594

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 31.5057, -103.4029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50567, -103.40292 · 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
10,954 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 10,954 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-475372332H10,954 ftAug 2018——

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 (96)

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

96 months

May 20261,45711,058106.413.05$188,720
Apr 20261,41311,23098.932.87$172,015
Mar 20261,33710,05589.753.15$151,663
Feb 20261,1059,27663.503.75$104,955
Jan 20269995,52259.138.00$103,235
Dec 20259789,14156.664.41$95,756
Nov 20251,35310,49558.593.93$120,480
Oct 20251,2848,21959.383.30$103,406
Sep 20258147,37762.743.08$73,769
Aug 20257284,74263.933.01$60,837
Jul 20251,78111,14266.743.32$155,802
Jun 20251,60112,45266.483.13$145,393
May 20252,46613,36760.553.23$192,523
Apr 20252,01812,88062.363.54$171,478
Mar 20251,81311,74467.704.27$172,867
Feb 20251,45910,46370.884.34$148,832
Jan 20251,91410,29474.324.28$186,293
Dec 20241,4063,90168.993.12$109,176
Nov 20245423,19569.052.20$44,449
Oct 20241,0619,67771.372.28$97,801
Sep 20248396,72669.612.36$74,305
Aug 20241,52915,33875.632.06$147,290
Jul 20241,36313,68279.932.15$138,314
Jun 20241,29010,98978.082.63$129,668
May 20241,0627,95878.812.20$101,191
Apr 20241,31410,41784.451.66$128,251
Mar 20241,1137,01980.301.55$100,219
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 202323089.042.74$2,048
Aug 20234562,83180.522.67$44,284
Jul 20231,73913,67274.852.64$166,283
Jun 20231,0257,86568.962.26$88,447
May 20231,34312,28670.622.23$122,209
Apr 20231,53613,47978.122.24$150,155
Mar 20231,31212,55572.852.39$125,625
Feb 20231,57011,96575.112.47$147,425
Jan 20231,65813,56976.533.39$172,855
Dec 20221,28211,64676.415.73$164,678
Nov 20224744,78785.005.65$67,318
Oct 20220087.185.86$0
Sep 202258084.888.16$4,923
Aug 20225955,15194.529.13$103,253
Jul 20221,62012,848101.587.54$261,460
Jun 20221,42411,384115.097.98$254,701
May 20221,42413,140109.378.43$266,553
Apr 20221,45414,309104.226.84$249,375
Mar 20222,03414,977108.885.08$297,491
Feb 20221,86414,09391.054.86$238,193
Jan 20222,08815,76281.844.54$242,405
Dec 20211,91515,24171.323.90$196,004
Nov 20212,01415,82677.435.24$238,822
Oct 20212,08616,63179.795.71$261,469
Sep 20212,14616,70469.865.35$239,301
Aug 20212,19817,39166.024.22$218,512
Jul 20212,29717,93370.783.98$233,992
Jun 20212,31518,74369.493.38$224,232
May 20212,40719,88063.483.02$212,788
Apr 20212,42719,69460.362.76$200,818
Mar 20212,64721,36261.302.72$220,300
Feb 20212,04515,23057.805.55$202,696
Jan 20212,78721,90950.412.81$202,063
Dec 20203,04823,83344.642.68$199,827
Nov 20203,13225,13138.772.71$189,446
Oct 20202,81624,25436.972.48$164,219
Sep 20202,42316,96437.091.99$123,645
Aug 20203,18225,16639.982.39$187,240
Jul 20203,29723,43238.371.83$169,272
Jun 20203,26824,83034.901.69$156,024
May 20204,14728,53116.921.81$121,944
Apr 20204,10123,33814.751.80$102,600
Mar 20201,7009,44030.341.86$69,101
Feb 20202,95720,24649.881.98$187,596
Jan 20205,59533,85757.252.09$391,235
Dec 20196,69341,33659.012.30$490,207
Nov 20195,60243,05655.302.75$428,225
Oct 20193,95330,29353.472.42$284,632
Sep 20192,31216,79855.052.66$171,913
Aug 20192,26221,37253.112.30$169,384
Jul 20192,87526,34556.272.46$226,587
Jun 20192,67328,81452.782.49$212,862
May 20193,16227,08158.482.74$259,124
Apr 20193,00122,89062.632.75$250,916
Mar 20194,76638,08556.803.06$387,329
Feb 20194,62036,72250.852.79$337,463
Jan 20196,41644,61646.033.23$439,357
Dec 20187,27648,35646.594.19$541,380
Nov 20187,85452,12252.934.24$636,566
Oct 20189,81564,16961.443.40$821,085
Sep 201810,79671,08259.543.11$863,717
Aug 20187575,00959.403.07$60,326
Jul 20180065.142.93$0
Jan 20180062.874.01$0

Not filed, and not zero: Feb 2018 – Jun 2018 (5 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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
Condensate         1,457 bbl  × $106.41 =   $155,039
Gas               11,058 Mcf  × $  3.05 =    $33,681

────────────────────────────────────────────────────
Month total                                 $188,720

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/287379 is the state's own key, not one this site invented.