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TAHITI 55-2-43 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 287562District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.5 M
Jan 2018 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
101
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 Gas112020-02-06223971
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
CondensateDisposition432,845 bbl$26,930,373
GasProduction2,216,391 Mcf$7,572,400
Total$34,502,772

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 31.7599, -103.7921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75991, -103.79208 · 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
10,799 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 10,799 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-301332841H10,799 ftJan 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 (101)

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

101 months

May 20261,5979,875106.413.05$200,014
Apr 20261,6769,97598.932.87$194,432
Mar 20261,76410,84889.753.15$192,484
Feb 20261,5909,87163.503.75$137,984
Jan 20261,6679,66159.138.00$175,838
Dec 20251,86110,83656.664.41$153,267
Nov 20251,80210,63558.593.93$147,337
Oct 20251,85711,04859.383.30$146,781
Sep 20251,87110,83262.743.08$150,716
Aug 20251,97011,52963.933.01$160,699
Jul 20252,03212,01566.743.32$175,448
Jun 20252,01512,70366.483.13$173,701
May 20251,74810,06060.553.23$138,359
Apr 20252,14712,59362.363.54$178,505
Mar 20252,32712,86067.704.27$212,429
Feb 20251,94311,05270.884.34$185,695
Jan 20251,96611,41074.324.28$194,933
Dec 20242,17713,38168.993.12$191,958
Nov 20242,37113,43469.052.20$193,251
Oct 20242,24813,07571.372.28$190,269
Sep 20241,74013,04269.612.36$151,957
Aug 202413075.632.06$983
Jul 20245772,13879.932.15$50,709
Jun 20242,23712,89878.082.63$208,638
May 20242,58514,58578.812.20$235,788
Apr 20242,12813,30584.451.66$201,785
Mar 202475080.301.55$6,023
Feb 20242,76618,46376.091.78$243,396
Jan 20242,69918,83273.023.30$259,183
Dec 20233,01120,61971.262.61$268,394
Nov 20232,93119,10377.892.81$281,928
Oct 20233,04119,55785.443.09$320,201
Sep 20232,97817,49989.042.74$313,022
Aug 20233,73821,61180.522.67$358,747
Jul 20236845,71974.852.64$66,306
Jun 202392068.962.26$6,344
May 20232,94816,53370.622.23$245,013
Apr 20233,20017,34178.122.24$288,789
Mar 20233,83322,87772.852.39$333,982
Feb 20230075.112.47$0
Jan 202370076.533.39$5,357
Dec 20222,2379,68576.415.73$226,415
Nov 20222,93114,03585.005.65$328,379
Oct 20222,30319,43987.185.86$314,761
Sep 20222,52118,83384.888.16$367,729
Aug 20223,99926,46794.529.13$619,554
Jul 20223,72523,871101.587.54$558,422
Jun 20223,35123,624115.097.98$574,120
May 20223,52123,320109.378.43$581,750
Apr 20223,91023,904104.226.84$570,946
Mar 20223,75824,253108.885.08$532,289
Feb 20223,29821,62291.054.86$405,341
Jan 20223,83024,55881.844.54$424,884
Dec 20214,11025,93171.323.90$394,233
Nov 20214,09625,49377.435.24$450,656
Oct 20214,09526,04079.795.71$475,529
Sep 20214,12127,07969.865.35$432,791
Aug 20214,35027,32766.024.22$402,523
Jul 20214,98332,43470.783.98$481,852
Jun 20214,43231,41069.493.38$414,165
May 20215,10732,41663.483.02$422,013
Apr 20215,01830,19760.362.76$386,182
Mar 20216,43437,90561.302.72$497,390
Feb 20211,2776,61057.805.55$110,483
Jan 20214,15723,98950.412.81$276,970
Dec 20203,50221,24144.642.68$213,159
Nov 20202,51718,14538.772.71$146,695
Oct 202044036.972.48$1,627
Sep 20203,72516,70337.091.99$171,417
Aug 20205,82630,00439.982.39$304,486
Jul 20206,27530,89938.371.83$297,166
Jun 20205,89730,81334.901.69$257,889
May 20206,63433,33516.921.81$172,742
Apr 20206,06331,06014.751.80$145,473
Mar 20207,83430,25730.341.86$293,848
Feb 20206,70332,54349.881.98$398,803
Jan 20207,75235,24557.252.09$517,631
Dec 20195,74613,39159.012.30$369,929
Nov 20193,80113,61155.302.75$247,635
Oct 20197,42642,99253.472.42$501,046
Sep 20199,50338,81555.052.66$626,282
Aug 20197,47043,80853.112.30$497,681
Jul 20197,44738,48556.272.46$513,718
Jun 20195,26128,50352.782.49$348,682
May 20191,5319,75558.482.74$116,265
Apr 20195,94629,34462.632.75$453,115
Mar 20199,13541,99856.803.06$647,470
Feb 20198,40736,16750.852.79$528,482
Jan 20198,58843,05946.033.23$534,308
Dec 201810,18442,00446.594.19$650,278
Nov 201810,03838,81152.934.24$695,763
Oct 201810,94344,91861.443.40$824,973
Sep 201810,76141,88059.543.11$770,873
Aug 201812,62353,14659.403.07$912,782
Jul 201814,59162,97965.142.93$1,135,105
Jun 201811,29949,00760.183.08$830,764
May 201813,82656,78365.382.90$1,068,660
Apr 201814,00322,97563.842.90$960,597
Mar 20187,45537,93761.222.79$562,119
Feb 20182,54813,24561.782.77$194,053
Jan 2018227662.874.01$1,232

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         1,597 bbl  × $106.41 =   $169,937
Gas                9,875 Mcf  × $  3.05 =    $30,078

────────────────────────────────────────────────────
Month total                                 $200,014

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/287562 is the state's own key, not one this site invented.