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TAHITI 55-2-17 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 287631District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.1 M
Jan 2018 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
96
5 months not filed
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 Gas112020-02-27223976
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
CondensateDisposition252,197 bbl$15,715,898
GasProduction1,001,361 Mcf$3,376,671
Total$19,092,569

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 31.8404, -103.7746. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84041, -103.77464 · 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
10,974 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 10,974 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-301338612H10,974 ftJul 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 (96)

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

96 months

May 20261,4623,790106.413.05$167,115
Apr 20261,6253,89398.932.87$171,933
Mar 20261,1433,71589.753.15$114,284
Feb 20261,4684,63463.503.75$110,597
Jan 20261,4635,91059.138.00$133,775
Dec 20251,6466,18356.664.41$120,550
Nov 20251,5236,26858.593.93$113,844
Oct 20251,4946,52359.383.30$110,271
Sep 20251,4206,58862.743.08$109,362
Aug 20251,5516,69363.933.01$119,333
Jul 20251,4926,31166.743.32$120,498
Jun 20251,3655,19766.483.13$107,005
May 20251,2764,96660.553.23$93,314
Apr 20251,6636,99662.363.54$128,492
Mar 20255722,72267.704.27$50,343
Feb 20251,4085,21870.884.34$122,450
Jan 20251,8255,81074.324.28$160,493
Dec 20241,5444,62968.993.12$120,969
Nov 20241,1343,78169.052.20$86,615
Oct 20241,7055,70771.372.28$134,706
Sep 20241,5945,54569.612.36$124,069
Aug 20241,6085,91275.632.06$133,813
Jul 20241,6745,85979.932.15$146,380
Jun 20241,4385,62178.082.63$127,085
May 20241,5045,09778.812.20$129,736
Apr 20241,4386,23584.451.66$131,784
Mar 20241,6447,48280.301.55$143,574
Feb 20241,4909,73976.091.78$130,745
Jan 20241,63311,39073.023.30$156,802
Dec 20231,6478,74871.262.61$140,204
Nov 20231,5924,24177.892.81$135,908
Oct 20231,4294,26385.443.09$135,255
Sep 20231,0993,96389.042.74$108,694
Aug 20231,3724,58780.522.67$122,734
Jul 20231,2754,11274.852.64$106,297
Jun 20231,2475,01968.962.26$97,328
May 20231,2764,57470.622.23$100,299
Apr 20231,1644,68678.122.24$101,418
Mar 202314072.852.39$1,020
Feb 20234691,17475.112.47$38,121
Jan 20231,4574,46176.533.39$126,617
Dec 20221,4937,47776.415.73$156,916
Nov 20221,7856,90485.005.65$190,706
Oct 20222,0227,25187.185.86$218,796
Sep 20221,9356,70884.888.16$219,005
Aug 20221,9637,13894.529.13$250,692
Jul 20222,0988,641101.587.54$278,286
Jun 20222,0357,278115.097.98$292,266
May 20222,0127,078109.378.43$279,742
Apr 20222,0437,286104.226.84$262,740
Mar 20222,0277,049108.885.08$256,483
Feb 20221,6345,40391.054.86$175,028
Jan 20221,6035,06381.844.54$154,164
Dec 20212,2167,61671.323.90$187,741
Nov 20211,8586,10677.435.24$175,841
Oct 20212,3407,53079.795.71$229,734
Sep 20212,0086,90369.865.35$177,216
Aug 20212,4877,85066.024.22$197,323
Jul 20212,2175,78970.783.98$179,972
Jun 20211,4824,77669.493.38$119,130
May 20212,79011,49763.483.02$211,803
Apr 20212,74912,47060.362.76$200,327
Mar 202111953861.302.72$8,756
Feb 20210057.805.55$0
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 20200039.982.39$0
Jul 20202038.371.83$77
Jun 202020328034.901.69$7,558
May 20203,82316,71316.921.81$95,015
Apr 20203,66217,21014.751.80$85,068
Mar 20204,16319,63230.341.86$162,747
Feb 20204,35820,21449.881.98$257,414
Jan 20205,41421,93657.252.09$355,902
Dec 20199203,07059.012.30$61,364
Nov 20192,74310,63955.302.75$180,953
Oct 20196,78433,12853.472.42$442,862
Sep 20196,79327,84255.052.66$447,939
Aug 20197,22229,47453.112.30$451,479
Jul 201924167756.272.46$15,227
Jun 20191,7318,91352.782.49$113,566
May 20194,94816,74858.482.74$335,254
Apr 20194,17620,05662.632.75$316,711
Mar 20198,53233,55556.803.06$587,366
Feb 20199,25839,19950.852.79$580,222
Jan 201911,56348,90046.033.23$690,103
Dec 201812,08446,67546.594.19$758,349
Nov 201813,00851,78052.934.24$907,918
Oct 201814,61958,80861.443.40$1,098,026
Sep 201815,27363,69959.543.11$1,107,331
Aug 20189,58339,11259.403.07$689,169
Jul 20181,33550865.142.93$88,451
Jan 20180062.874.01$0

Not filed, and not zero: Feb 2018 – Jun 2018 (5 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         1,462 bbl  × $106.41 =   $155,571
Gas                3,790 Mcf  × $  3.05 =    $11,544

────────────────────────────────────────────────────
Month total                                 $167,115

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/287631 is the state's own key, not one this site invented.