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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 287527District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.6 M
Feb 2016 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
no gaps in the span
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 Gas112020-05-06223958
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
CondensateDisposition386,756 bbl$21,593,676
GasProduction2,249,640 Mcf$7,053,469
Total$28,647,144

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 31.5031, -103.3998. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50310, -103.39983 · 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
10,906 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 10,906 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-475370271H10,906 ftDec 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 (124)

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

124 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 20259060.553.23$545
Apr 20256712,59562.363.54$51,038
Mar 20252,27710,76567.704.27$200,101
Feb 20251,79710,52370.884.34$173,050
Jan 20251,6818,51474.324.28$161,361
Dec 20242,3118,64668.993.12$186,423
Nov 20241,2169,14069.052.20$104,059
Oct 20247856,51171.372.28$70,880
Sep 20241,80211,54369.612.36$152,729
Aug 20241,94413,05875.632.06$173,972
Jul 20241,96013,04679.932.15$184,667
Jun 20241,97210,56878.082.63$181,810
May 20241,6757,73478.812.20$149,009
Apr 20242,02012,51984.451.66$191,361
Mar 20241,91111,40280.301.55$171,071
Feb 20241,57610,44476.091.78$138,546
Jan 20241,0935,67273.023.30$98,515
Dec 20232,93814,49771.262.61$247,209
Nov 20232,80014,10277.892.81$257,684
Oct 20231,97310,86885.443.09$202,126
Sep 20231,70112,98789.042.74$186,977
Aug 20231,60011,32980.522.67$159,113
Jul 20232,64414,02774.852.64$234,960
Jun 20231518168.962.26$1,443
May 20235433,52670.622.23$46,200
Apr 20231,63111,01778.122.24$152,067
Mar 20231,59312,06272.852.39$144,916
Feb 20231,78211,13175.112.47$161,292
Jan 20231,82512,60476.533.39$182,366
Dec 20221,70512,09776.415.73$199,584
Nov 20221,72213,38385.005.65$221,933
Oct 20221,90112,71987.185.86$240,310
Sep 20221,55211,25184.888.16$223,583
Aug 20222,24913,08494.529.13$331,995
Jul 20222,1229,665101.587.54$288,447
Jun 20221,88412,583115.097.98$317,207
May 20222,13912,017109.378.43$335,282
Apr 20221,96612,486104.226.84$290,271
Mar 20222,96713,088108.885.08$389,487
Feb 20222,23412,01991.054.86$261,804
Jan 20222,25113,56681.844.54$245,780
Dec 20212,26814,01071.323.90$216,380
Nov 20212,39213,93377.435.24$258,178
Oct 20212,34414,96579.795.71$272,536
Sep 20212,65613,27369.865.35$256,571
Aug 20211,86510,17866.024.22$166,084
Jul 20212,67914,96770.783.98$249,219
Jun 20212,82815,34369.493.38$248,387
May 20212,76715,56963.483.02$222,631
Apr 20213,33914,91660.362.76$242,687
Mar 20213,26316,45561.302.72$244,729
Feb 20211,74610,90757.805.55$161,430
Jan 20213,31519,43050.412.81$221,713
Dec 20204,52925,58344.642.68$270,621
Nov 20203,26420,50538.772.71$182,044
Oct 20203,54621,36236.972.48$184,040
Sep 20203,13918,64537.091.99$153,548
Aug 20203,33519,63039.982.39$180,153
Jul 20203,29719,98338.371.83$162,977
Jun 20203,45321,75234.901.69$157,277
May 20203,64225,22416.921.81$107,398
Apr 20202,18714,49714.751.80$58,416
Mar 20203,79423,90230.341.86$159,478
Feb 20203,42523,51349.881.98$217,410
Jan 20201,7229,39457.252.09$118,262
Dec 20193,53222,15459.012.30$259,474
Nov 20192,86726,64055.302.75$231,824
Oct 20193,84927,98953.472.42$273,499
Sep 20195,23028,55855.052.66$363,798
Aug 20193,18824,95353.112.30$226,815
Jul 20193,28325,78756.272.46$248,172
Jun 20192,77014,12552.782.49$181,389
May 20191,7159,78858.482.74$127,115
Apr 20193,22820,37562.632.75$258,215
Mar 20193,87422,37556.803.06$288,558
Feb 20193,38319,46650.852.79$226,379
Jan 20193,14523,74046.033.23$221,401
Dec 20183,89123,64646.594.19$280,251
Nov 20183,87521,33052.934.24$295,484
Oct 20185,20225,36561.443.40$405,803
Sep 20184,92726,15059.543.11$374,628
Aug 20182,36212,53859.403.07$178,751
Jul 20183,70320,66665.142.93$301,804
Jun 20184,00423,61560.183.08$313,622
May 20184,00624,11865.382.90$331,874
Apr 20183,61821,36363.842.90$292,943
Mar 20184,55427,47761.222.79$355,370
Feb 20184,23124,85561.782.77$330,143
Jan 20183,92723,84362.874.01$342,485
Dec 20173,99120,97657.272.92$289,846
Nov 20175,55732,42055.423.12$409,066
Oct 20175,71032,87549.292.98$379,534
Sep 20171,7799,80147.523.09$114,797
Aug 20175,58134,05845.373.00$355,534
Jul 20176,02035,73543.873.09$374,421
Jun 20176,11935,49442.493.09$369,576
May 20176,44337,56845.373.26$414,918
Apr 20176,84640,61647.933.21$458,571
Mar 20177,82245,12246.772.98$500,465
Feb 20177,66844,94850.452.95$519,564
Jan 20178,81347,97649.413.42$599,471
Dec 20164,67831,50648.763.72$345,391
Nov 201610,23355,65742.492.64$581,977
Oct 20169,76661,86446.193.09$642,267
Sep 201610,32953,55541.553.10$595,224
Aug 201611,17253,76541.442.92$620,195
Jul 20169,45746,54941.622.92$529,725
Jun 20167,88836,15845.352.69$454,835
May 20168,02738,08042.521.99$417,127
Apr 201610,53760,88836.561.99$506,463
Mar 20167246,20833.011.79$35,036
Feb 20160026.472.06$0

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 2025 — as filed, then multipliedworked
Condensate             9 bbl  × $ 60.55 =       $545
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $545

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/287527 is the state's own key, not one this site invented.