WHEAT 1-77 LOV 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 287412District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Apr 2015 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
134
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 Gas112020-01-27223904
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
CondensateDisposition143,051 bbl$7,716,620
GasProduction397,054 Mcf$1,245,029
Total$8,961,650

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 31.7299, -103.5601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72991, -103.56010 · 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
Apr 2015
1 of 1 wells

1 well

42-301322652H10,954 ftApr 2015

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 (134)

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

134 months

May 2026735106.413.05$851
Apr 20261121998.932.87$1,717
Mar 202687289.753.15$945
Feb 20261816963.503.75$1,777
Jan 2026495159.138.00$3,305
Dec 2025266356.664.41$1,751
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20255062.743.08$314
Aug 20259431463.933.01$6,956
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 202404679.932.15$99
Jun 20240078.082.63$0
May 20246078.812.20$473
Apr 202417542384.451.66$15,481
Mar 20241,3573,70980.301.55$114,698
Feb 20241,4023,43576.091.78$112,805
Jan 20241,1033,06373.023.30$90,642
Dec 20231,0912,23171.262.61$83,569
Nov 20231,6942,08877.892.81$137,808
Oct 20239672,91085.443.09$91,604
Sep 20236511,53189.042.74$62,152
Aug 20236782,04380.522.67$60,053
Jul 20234511,16974.852.64$36,846
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202323078.122.24$1,797
Mar 20236932,20272.852.39$55,755
Feb 20239602,40575.112.47$78,036
Jan 20239111,70876.533.39$75,505
Dec 20221,1572,95976.415.73$105,359
Nov 20221,1182,98085.005.65$111,856
Oct 20221,0663,13887.185.86$111,334
Sep 20221,4364,15584.888.16$155,808
Aug 20221,4594,51294.529.13$179,086
Jul 20221,6724,912101.587.54$206,888
Jun 20221,9085,147115.097.98$260,650
May 20222,3417,130109.378.43$316,163
Apr 20222,313378104.226.84$243,645
Mar 202291108.885.08$985
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 20218069.865.35$559
Aug 20210066.024.22$0
Jul 20216170.783.98$429
Jun 20210069.493.38$0
May 20212063.483.02$127
Apr 202150060.362.76$3,018
Mar 20211,8244,18961.302.72$123,192
Feb 20219018357.805.55$52,538
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 202012139.982.39$482
Jul 202017038.371.83$652
Jun 20205708034.901.69$20,028
May 20201421416.921.81$2,428
Apr 202089114014.751.80$13,395
Mar 20203455830.341.86$10,575
Feb 2020415949.881.98$2,162
Jan 20203898457.252.09$22,446
Dec 20191,8605,00659.012.30$121,294
Nov 20191,98525855.302.75$110,480
Oct 20192,24733653.472.42$120,960
Sep 20192,51040355.052.66$139,246
Aug 201999224053.112.30$53,238
Jul 201919715756.272.46$11,471
Jun 2019014152.782.49$351
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201915056.803.06$852
Feb 20193942,00750.852.79$25,639
Jan 2019011246.033.23$362
Dec 20180046.594.19$0
Nov 20181052.934.24$53
Oct 2018527061.443.40$3,433
Sep 20181,2123,76959.543.11$83,877
Aug 20181,7005,53959.403.07$117,966
Jul 20181,7015,73265.142.93$127,609
Jun 20181,1934,19860.183.08$84,712
May 20188192,56265.382.90$60,978
Apr 2018010663.842.90$307
Mar 2018181861.222.79$1,152
Feb 20186212,37561.782.77$44,935
Jan 20181,3364,41962.874.01$101,712
Dec 20171,2704,10757.272.92$84,732
Nov 20171,2884,32155.423.12$84,855
Oct 20171,4335,06849.292.98$85,754
Sep 20171,3324,62447.523.09$77,572
Aug 20171,4695,12545.373.00$82,046
Jul 20171,6215,43243.873.09$87,883
Jun 20171,5975,05642.493.09$83,466
May 20171,5965,33545.373.26$89,821
Apr 20171,5317,32647.933.21$96,909
Mar 20171,3626,54546.772.98$83,229
Feb 20171,5446,82050.452.95$98,032
Jan 20171,9989,00049.413.42$129,490
Dec 20161,1794,66948.763.72$74,870
Nov 20162,3688,92042.492.64$124,204
Oct 20162,1828,39546.193.09$126,729
Sep 20162,4257,31341.553.10$123,434
Aug 201631491341.442.92$15,682
Jul 20161,1854,01641.622.92$61,064
Jun 20163,0987,70145.352.69$161,178
May 20162,0703,90742.521.99$95,795
Apr 20163,18310,21936.561.99$136,717
Mar 20164,51713,87033.011.79$173,989
Feb 20163,34910,77326.472.06$110,880
Jan 20164,62913,83727.352.36$159,319
Dec 20154,86315,31932.362.00$188,026
Nov 20157,39017,99138.792.17$325,651
Oct 20155,98518,78143.552.43$306,220
Sep 20154,22813,96242.992.76$220,275
Aug 20151,8146,36140.162.87$91,122
Jul 20152,8549,08348.152.95$164,170
Jun 20154,17011,79356.152.88$268,143
May 20159,65526,96855.212.96$612,755
Apr 20152,6426,14949.822.71$148,267

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             7 bbl  × $106.41 =       $745
Gas                   35 Mcf  × $  3.05 =       $107

────────────────────────────────────────────────────
Month total                                     $851

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/287412 is the state's own key, not one this site invented.