BERNARD STATE C-27 2-5 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 287540District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$42.4 M
Jan 2018 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
99
2 months not filed
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 Gas112020-06-05223947
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
CondensateDisposition617,277 bbl$36,948,403
GasProduction1,661,744 Mcf$5,415,752
Total$42,364,155

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 31.7452, -103.5285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74522, -103.52847 · 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
11,449 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 11,449 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-301333893H11,449 ftApr 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 (99)

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

99 months

May 20262,4719,336106.413.05$291,375
Apr 20262,3208,59598.932.87$254,183
Mar 20262,3097,65589.753.15$231,342
Feb 20262,2708,18063.503.75$174,823
Jan 20262,5568,27859.138.00$217,343
Dec 20251,8614,49956.664.41$125,300
Nov 20252,2827,59658.593.93$163,528
Oct 20252,2677,26659.383.30$158,627
Sep 20252,4797,81662.743.08$179,582
Aug 20251,7835,61363.933.01$130,909
Jul 20252,7479,02666.743.32$213,258
Jun 20252,4017,91666.483.13$184,385
May 20252,7029,94260.553.23$195,742
Apr 20252,7419,03762.363.54$202,948
Mar 20252,8468,48367.704.27$228,882
Feb 20252,5978,23870.884.34$219,835
Jan 20252,3456,72974.324.28$203,072
Dec 20242,7349,22468.993.12$217,410
Nov 20242,7398,43969.052.20$207,681
Oct 20242,1896,56371.372.28$171,202
Sep 20242,9039,81669.612.36$225,286
Aug 20243,14811,10275.632.06$260,994
Jul 20243,0249,70579.932.15$262,541
Jun 20242,1656,46278.082.63$186,064
May 20245071,51378.812.20$43,283
Apr 20242,8377,72984.451.66$252,409
Mar 20242,8818,37580.301.55$244,285
Feb 20242,8437,36876.091.78$229,466
Jan 20242,6298,11873.023.30$218,740
Dec 20233,2459,99471.262.61$257,330
Nov 20232,8438,78077.892.81$246,092
Oct 20233,0438,75485.443.09$287,020
Sep 20233,1158,99989.042.74$301,972
Aug 20232,7228,61180.522.67$242,192
Jul 20233,0909,51074.852.64$256,410
Jun 20233,29610,97768.962.26$252,083
May 20233,67411,89470.622.23$285,951
Apr 20233,15811,94778.122.24$273,437
Mar 20232,6139,80172.852.39$213,812
Feb 20232,6027,43975.112.47$213,778
Jan 20232,7516,50876.533.39$232,581
Dec 20223,2259,23276.415.73$299,313
Nov 20222,9448,02085.005.65$295,523
Oct 20223,1838,83287.185.86$329,283
Sep 20222,8978,83484.888.16$318,015
Aug 20223,91012,41594.529.13$482,887
Jul 20224,09712,022101.587.54$506,844
Jun 20223,5089,279115.097.98$477,756
May 20223,69014,183109.378.43$523,181
Apr 20224,43315,428104.226.84$567,498
Mar 20223,3389,274108.885.08$410,520
Feb 20223,2008,58691.054.86$333,078
Jan 20224,02211,67781.844.54$382,147
Dec 20213,64910,34171.323.90$300,567
Nov 20214,19911,79877.435.24$386,913
Oct 20214,55311,01879.795.71$426,239
Sep 20214,90614,02969.865.35$417,801
Aug 20214,99914,80166.024.22$392,503
Jul 20213,3326,89970.783.98$263,311
Jun 20212,9533,55669.493.38$217,225
May 20212,8253,63363.483.02$190,294
Apr 20213,0522,69760.362.76$191,658
Mar 20213,0561,98461.302.72$192,723
Feb 20214,2793,80057.805.55$268,408
Jan 20214,70011,24950.412.81$268,540
Dec 20207,02419,29644.642.68$365,177
Nov 20209,33225,35538.772.71$430,427
Oct 20209,02025,02736.972.48$395,497
Sep 20207,65319,49337.091.99$322,661
Aug 20208,77323,37739.982.39$406,501
Jul 202010,05327,23538.371.83$435,441
Jun 20206,58317,61234.901.69$259,516
May 20205,81911,55116.921.81$119,420
Apr 20208,68124,00614.751.80$171,361
Mar 20208,35619,52630.341.86$289,766
Feb 202013,56036,54049.881.98$748,746
Jan 202012,69232,83657.252.09$795,400
Dec 20193,5667,59959.012.30$227,940
Nov 201913,61130,82655.302.75$837,481
Oct 20195,60313,64253.472.42$332,586
Sep 20199,41522,01355.052.66$576,790
Aug 201911,30530,68253.112.30$671,111
Jul 201912,01632,23356.272.46$755,435
Jun 201913,32533,39252.782.49$786,480
May 201910,99829,91258.482.74$725,131
Apr 201914,55337,06662.632.75$1,013,412
Mar 201915,90744,85556.803.06$1,040,868
Feb 201914,26337,46150.852.79$829,873
Jan 201919,52249,84146.033.23$1,059,493
Dec 201821,31854,08046.594.19$1,219,554
Nov 201821,31956,58852.934.24$1,368,192
Oct 201824,90963,28361.443.40$1,745,450
Sep 201824,15662,71559.543.11$1,633,166
Aug 201824,26961,99259.403.07$1,631,681
Jul 2018233065.142.93$15,178
Jun 201824,21267,42060.183.08$1,664,524
May 201825,26371,05165.382.90$1,857,800
Apr 20183,2907,81963.842.90$232,715
Jan 20180062.874.01$0

Not filed, and not zero: Feb 2018 – Mar 2018 (2 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         2,471 bbl  × $106.41 =   $262,939
Gas                9,336 Mcf  × $  3.05 =    $28,436

────────────────────────────────────────────────────
Month total                                 $291,375

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/287540 is the state's own key, not one this site invented.