SLACKBOX 54-2-32 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 287524District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.9 M
Jun 2014 – May 2026
Value, last 12 filed months
$323 k
at the published price for each month
Months reported
144
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 Gas112020-01-27223983
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
CondensateDisposition204,636 bbl$12,170,014
GasProduction1,457,723 Mcf$4,721,291
Total$16,891,305

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 31.7965, -103.6764. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79648, -103.67639 · 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
11,582 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 11,582 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-301321101H11,582 ftJun 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 (144)

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

144 months

May 202673795106.413.05$78,714
Apr 202602,06198.932.87$5,914
Mar 202601,09489.753.15$3,445
Feb 202601,87563.503.75$7,032
Jan 2026026159.138.00$2,087
Dec 20251881,65456.664.41$17,952
Nov 20253772,89758.593.93$33,463
Oct 20253352,89859.383.30$29,470
Sep 20253571,49762.743.08$27,004
Aug 20255521,74663.933.01$40,553
Jul 20254722,91866.743.32$41,175
Jun 20253773,57366.483.13$36,242
May 20251893,17960.553.23$21,720
Apr 20257432,88362.363.54$56,548
Mar 202554164367.704.27$39,370
Feb 202502,56070.884.34$11,113
Jan 20255832,81374.324.28$55,364
Dec 20241811,65668.993.12$17,656
Nov 20240069.052.20$0
Oct 20241,2833,93271.372.28$100,538
Sep 20240069.612.36$0
Aug 20243734,55075.632.06$37,600
Jul 20240079.932.15$0
Jun 20245544,78378.082.63$55,855
May 2024557078.812.20$43,897
Apr 20243245,50184.451.66$36,489
Mar 2024361080.301.55$28,988
Feb 20241933,09976.091.78$20,213
Jan 20245791,57573.023.30$47,472
Dec 20233861,79271.262.61$32,185
Nov 20231,3325,84077.892.81$120,146
Oct 202304,99085.443.09$15,406
Sep 20237564,95489.042.74$80,864
Aug 20237594,40180.522.67$72,878
Jul 20239443,25274.852.64$79,250
Jun 20237413,58968.962.26$59,205
May 202301,88070.622.23$4,188
Apr 20235655,61678.122.24$56,705
Mar 20234871,28072.852.39$38,541
Feb 202302,50475.112.47$6,174
Jan 20237614,43776.533.39$73,271
Dec 20227625,13076.415.73$87,615
Nov 20225795,37585.005.65$79,563
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022327094.529.13$30,908
Jul 20225595,775101.587.54$100,339
Jun 202200115.097.98$0
May 20227112,849109.378.43$101,788
Apr 20223355,286104.226.84$71,057
Mar 20221,0886,584108.885.08$151,884
Feb 20227114,23091.054.86$85,289
Jan 20221292,07081.844.54$19,950
Dec 20217111,54671.323.90$56,737
Nov 20213385,57877.435.24$55,382
Oct 20219896,45479.795.71$115,790
Sep 20218117,72969.865.35$98,014
Aug 20219779,01366.024.22$102,542
Jul 20211,0049,33670.783.98$108,240
Jun 20211,1688,26069.493.38$109,088
May 20219429,86863.483.02$89,577
Apr 20211,1029,30860.362.76$92,192
Mar 20211,06710,08561.302.72$92,807
Feb 20219805,80557.805.55$88,850
Jan 20211,4169,23750.412.81$97,339
Dec 20207028,80744.642.68$54,900
Nov 20208813,77938.772.71$44,385
Oct 20201,06710,97336.972.48$66,643
Sep 20201,39010,68337.091.99$72,825
Aug 20208191,71339.982.39$36,829
Jul 20207019,12138.371.83$43,544
Jun 20206794,58334.901.69$31,444
May 20203502,03216.921.81$9,610
Apr 20201,1628,50614.751.80$32,488
Mar 20209738,61130.341.86$45,505
Feb 20201,0438,10249.881.98$68,072
Jan 20201,1147,63257.252.09$79,764
Dec 20192,9388,67059.012.30$193,350
Nov 20191,3808,20155.302.75$98,872
Oct 20192,1859,19653.472.42$139,073
Sep 20191,61311,12355.052.66$118,353
Aug 20191,1198,27153.112.30$78,489
Jul 20192,2349,77256.272.46$149,747
Jun 20194923,57452.782.49$34,871
May 20191715,26758.482.74$24,433
Apr 20192001,03462.632.75$15,370
Mar 20191,67512,54356.803.06$133,548
Feb 20191,4589,64150.852.79$101,059
Jan 20191,78411,63046.033.23$119,661
Dec 20183,79611,97846.594.19$226,989
Nov 20189786,61752.934.24$79,803
Oct 20187258,91761.443.40$74,845
Sep 2018851959.543.11$2,089
Aug 201848122659.403.07$29,264
Jul 20181,5104,18365.142.93$110,625
Jun 20181,0018,18760.183.08$85,431
May 20180065.382.90$0
Apr 20181,94011,73363.842.90$157,885
Mar 20181,47811,41361.222.79$122,289
Feb 20181,7458,90561.782.77$132,438
Jan 20181,42012,08662.874.01$137,732
Dec 20171,8168,81957.272.92$129,767
Nov 20171,39112,42355.423.12$115,829
Oct 201702549.292.98$75
Sep 2017169447.523.09$8,043
Aug 20171,4317,83445.373.00$88,461
Jul 20171,69910,78943.873.09$107,844
Jun 20171,52011,94842.493.09$101,472
May 20171,39212,44045.373.26$103,752
Apr 20171,7359,49447.933.21$113,649
Mar 20173533,37246.772.98$26,571
Feb 20171,58815,37350.452.95$125,505
Jan 20172,08614,94949.413.42$154,177
Dec 20162,24019,77648.763.72$182,845
Nov 20161,5246,72942.492.64$82,549
Oct 20162,35523,70746.193.09$182,038
Sep 20162,66620,32441.553.10$173,790
Aug 20161,75415,57041.442.92$118,218
Jul 20162,52520,17141.622.92$164,077
Jun 20162,45618,77745.352.69$161,811
May 20168707,85742.521.99$52,636
Apr 20162,07913,64136.561.99$103,168
Mar 20162,95623,84433.011.79$140,354
Feb 20162,88326,75326.472.06$131,521
Jan 20163,08121,78227.352.36$135,766
Dec 20151,73414,56032.362.00$85,253
Nov 20151,0615,94438.792.17$54,039
Oct 20153,44027,49743.552.43$216,536
Sep 20153,15326,89942.992.76$209,746
Aug 20153,40925,91340.162.87$211,340
Jul 20153,22825,11848.152.95$229,403
Jun 20152,62322,08556.152.88$210,949
May 20153,71225,79155.212.96$281,164
Apr 20152,98323,64449.822.71$212,607
Mar 20154,26730,92642.892.93$273,770
Feb 20154,50231,62544.662.98$295,181
Jan 20154,08531,85643.433.10$276,185
Dec 20145,99941,12354.693.59$475,773
Nov 20145,95740,16770.464.25$590,514
Oct 20146,20948,36478.303.90$674,831
Sep 20146,15146,32986.164.05$717,391
Aug 20148,80764,19389.394.04$1,046,284
Jul 20149,89068,80096.564.18$1,242,535
Jun 20144,35228,46498.164.74$562,023

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           737 bbl  × $106.41 =    $78,424
Gas                   95 Mcf  × $  3.05 =       $289

────────────────────────────────────────────────────
Month total                                  $78,714

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/287524 is the state's own key, not one this site invented.