JOHNSON 1-88 LOV

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 287381District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.2 M
Jul 2014 – May 2026
Value, last 12 filed months
$773 k
at the published price for each month
Months reported
143
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 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 Gas112020-04-08223944
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
CondensateDisposition213,954 bbl$12,775,913
GasProduction728,790 Mcf$2,389,633
Total$15,165,546

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 31.7629, -103.5550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76292, -103.55505 · 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
11,031 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 11,031 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-301320213H11,031 ftJul 2014

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 (143)

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

143 months

May 20268112,551106.413.05$94,068
Apr 20268162,50698.932.87$87,918
Mar 20268502,65889.753.15$84,659
Feb 20267402,42163.503.75$56,070
Jan 20266952,09059.138.00$57,811
Dec 20251,0592,18056.664.41$69,624
Nov 20251,3492,46058.593.93$88,697
Oct 20251,2582,53859.383.30$83,088
Sep 20253942,32562.743.08$31,873
Aug 20255772,45763.933.01$44,295
Jul 20252272,28666.743.32$22,729
Jun 20257141,38666.483.13$51,803
May 20257082,27660.553.23$50,226
Apr 20253161,12062.363.54$23,674
Mar 20257042,00067.704.27$56,197
Feb 20259282,74270.884.34$77,679
Jan 20258202,36074.324.28$71,040
Dec 20247291,61668.993.12$55,338
Nov 20241011469.052.20$941
Oct 20242611,50471.372.28$22,059
Sep 202413871669.612.36$11,299
Aug 20247082,75675.632.06$59,233
Jul 20248882,75079.932.15$76,881
Jun 20248793,08278.082.63$76,750
May 20249823,24378.812.20$84,521
Apr 20241,0483,34384.451.66$94,050
Mar 20241,2113,94080.301.55$103,331
Feb 20241,1073,77876.091.78$90,970
Jan 20241,1394,04173.023.30$96,496
Dec 20231,2284,28071.262.61$98,681
Nov 20231,3865,36477.892.81$123,015
Oct 20231,5757,38485.443.09$157,364
Sep 20236883,71289.042.74$71,412
Aug 2023675180.522.67$5,531
Jul 20239503,09974.852.64$79,294
Jun 2023046468.962.26$1,048
May 2023439570.622.23$1,162
Apr 202315254678.122.24$13,096
Mar 20231,0553,11572.852.39$84,311
Feb 20231,1422,67575.112.47$92,371
Jan 2023757976.533.39$2,497
Dec 20221971,05676.415.73$21,103
Nov 202228485.005.65$2,403
Oct 20221,0373,82987.185.86$112,858
Sep 20229543,24784.888.16$107,483
Aug 20221,0683,68094.529.13$134,535
Jul 20221,1843,965101.587.54$150,175
Jun 20229733,425115.097.98$139,304
May 2022236755109.378.43$32,178
Apr 2022212566104.226.84$25,965
Mar 20227792,228108.885.08$96,128
Feb 20228623,33591.054.86$94,689
Jan 20221,0013,58581.844.54$98,189
Dec 20210071.323.90$0
Nov 20211129977.435.24$2,418
Oct 20214171,10279.795.71$39,569
Sep 20211,6913,63269.865.35$137,568
Aug 20211,1713,79066.024.22$93,305
Jul 202117489270.783.98$15,868
Jun 2021216169.493.38$683
May 202112276763.483.02$10,059
Apr 20217121,25260.362.76$46,430
Mar 20211,3352,39661.302.72$88,345
Feb 20215361,67757.805.55$40,285
Jan 20213373,56750.412.81$27,012
Dec 20208193,88744.642.68$46,960
Nov 20201,0214,18838.772.71$50,919
Oct 202020036.972.48$739
Sep 202057864837.091.99$22,728
Aug 20202081,27439.982.39$11,354
Jul 20206391,24138.371.83$26,783
Jun 20206271,16834.901.69$23,857
May 202024692616.921.81$5,843
Apr 202022683814.751.80$4,846
Mar 20205081,41430.341.86$18,037
Feb 20204591,02349.881.98$24,921
Jan 20203811,16057.252.09$24,242
Dec 20195201,63159.012.30$34,444
Nov 20191,4214,46955.302.75$90,874
Oct 20191,7394,54053.472.42$103,965
Sep 201912174955.052.66$8,651
Aug 201921381253.112.30$13,184
Jul 20198547656.272.46$5,954
Jun 20191,3894,19652.782.49$83,765
May 20191,5325,14158.482.74$103,679
Apr 20192,0234,68762.632.75$139,593
Mar 20191,5334,56356.803.06$101,047
Feb 20191,2874,67150.852.79$78,486
Jan 20196046.033.23$276
Dec 20181931,05946.594.19$13,424
Nov 201813766252.934.24$10,056
Oct 201819284361.443.40$14,661
Sep 20184671,68159.543.11$33,030
Aug 20187061,72959.403.07$47,238
Jul 20181,3554,54865.142.93$101,599
Jun 20181,3774,52460.183.08$96,788
May 20181,4454,77465.382.90$108,323
Apr 20181,3695,12263.842.90$102,255
Mar 20181,5735,29961.222.79$111,067
Feb 20181,2663,55361.782.77$88,042
Jan 20189726962.874.01$7,177
Dec 20179132,73557.272.92$60,278
Nov 20171,7725,10655.423.12$114,127
Oct 20171,6025,21849.292.98$94,531
Sep 20171,3564,69947.523.09$78,944
Aug 20171,6285,37145.373.00$89,999
Jul 20171,8795,48843.873.09$99,375
Jun 20171,6425,38142.493.09$86,381
May 20171,8405,82745.373.26$102,497
Apr 20171,6635,70747.933.21$98,036
Mar 20171,6775,71946.772.98$95,497
Feb 20171,6595,57150.452.95$100,145
Jan 20171,9086,23149.413.42$115,577
Dec 20161,8266,08248.763.72$111,678
Nov 20162,1355,81542.492.64$106,093
Oct 20162,8558,54846.193.09$158,288
Sep 20162,6578,13041.553.10$135,606
Aug 20163,46810,70941.442.92$175,031
Jul 20163,36410,98241.622.92$172,125
Jun 20163,81510,86945.352.69$202,203
May 20163,19010,14642.521.99$155,840
Apr 20163,43110,67736.561.99$146,696
Mar 20163,80410,63333.011.79$144,646
Feb 2016407,71926.472.06$16,988
Jan 20160027.352.36$0
Dec 20152,4157,59632.362.00$93,352
Nov 20152,91710,44438.792.17$135,786
Oct 20153,41910,12243.552.43$173,459
Sep 20153,95711,95842.992.76$203,097
Aug 20153,41912,95740.162.87$174,526
Jul 20154,13813,23048.152.95$238,208
Jun 20154,06313,78956.152.88$267,889
May 20155,35415,31655.212.96$340,860
Apr 20153,37414,25449.822.71$206,672
Mar 20153,61113,56142.892.93$194,673
Feb 20154,56116,07344.662.98$251,531
Jan 20155,20319,64943.433.10$286,891
Dec 20145,83820,97054.693.59$394,591
Nov 20148,73829,04470.464.25$739,170
Oct 201410,51040,26278.303.90$979,993
Sep 201410,78937,62686.164.05$1,081,794
Aug 20148,38740,19489.394.04$911,902
Jul 2014050496.564.18$2,107

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           811 bbl  × $106.41 =    $86,299
Gas                2,551 Mcf  × $  3.05 =     $7,770

────────────────────────────────────────────────────
Month total                                  $94,068

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/287381 is the state's own key, not one this site invented.