LINK-VJ RANCH 55-2-16 LOV W

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 287804District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.2 M
Sep 2017 – May 2026
Value, last 12 filed months
$566 k
at the published price for each month
Months reported
105
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 Gas112020-06-05223998
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
CondensateDisposition458,540 bbl$24,429,847
GasProduction1,612,014 Mcf$4,722,613
Total$29,152,460

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 31.8683, -103.7697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86829, -103.76974 · 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
11,030 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 11,030 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-301332231H11,030 ftSep 2017

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 (105)

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

105 months

May 20266903,505106.413.05$84,099
Apr 20267973,24398.932.87$88,154
Mar 20264752,91189.753.15$51,799
Feb 20268494,29763.503.75$70,027
Jan 20261,1224,77859.138.00$104,558
Dec 20251,8847,33656.664.41$139,124
Nov 20253221,88658.593.93$26,271
Oct 20250059.383.30$0
Sep 202506662.743.08$203
Aug 2025016563.933.01$497
Jul 2025026466.743.32$875
Jun 2025019866.483.13$619
May 202551,23660.553.23$4,298
Apr 2025611,67462.363.54$9,735
Mar 20251881,65867.704.27$19,804
Feb 20252952,79670.884.34$33,047
Jan 20251452,66474.324.28$22,175
Dec 20243212,78068.993.12$30,823
Nov 20242642,69469.052.20$24,152
Oct 20245702,20171.372.28$45,702
Sep 20245271,89869.612.36$41,172
Aug 20248412,86075.632.06$69,507
Jul 20243821,76279.932.15$34,316
Jun 2024235878.082.63$1,099
May 2024431978.812.20$1,017
Apr 20241621,05984.451.66$15,438
Mar 20241291,51480.301.55$12,698
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202219087.185.86$1,656
Sep 202227626184.888.16$25,558
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202220115.097.98$230
May 20222869109.378.43$3,644
Apr 2022182,598104.226.84$19,640
Mar 202293530108.885.08$12,816
Feb 202282,25991.054.86$11,705
Jan 202201,56481.844.54$7,097
Dec 20210071.323.90$0
Nov 2021421,89877.435.24$13,192
Oct 202184474979.795.71$71,622
Sep 20213,56713,31169.865.35$320,417
Aug 20215,13419,26666.024.22$420,261
Jul 20214,47418,50170.783.98$390,342
Jun 20214,36517,84669.493.38$363,654
May 20215,22320,49463.483.02$393,400
Apr 20215,57519,61160.362.76$390,602
Mar 20214,10714,74661.302.72$291,823
Feb 20216602,30357.805.55$50,925
Jan 20216,58823,33850.412.81$397,687
Dec 20206,55821,87344.642.68$351,269
Nov 20204,95017,87238.772.71$240,283
Oct 20205,72022,84136.972.48$268,078
Sep 20206,77626,31937.091.99$303,724
Aug 20207,68927,36939.982.39$372,684
Jul 20206,53922,55138.371.83$292,060
Jun 20207,51029,96834.901.69$312,754
May 20208,37031,95616.921.81$199,613
Apr 20207,22024,82814.751.80$151,294
Mar 20206,54326,44130.341.86$247,595
Feb 20203,18515,45049.881.98$189,469
Jan 20207,68240,91557.252.09$525,501
Dec 201910,54456,96859.012.30$753,476
Nov 201910,58642,33255.302.75$701,848
Oct 20192,32811,58253.472.42$152,490
Sep 20198,39824,87155.052.66$528,399
Aug 20195,73715,98553.112.30$341,527
Jul 201911,42239,65056.272.46$740,257
Jun 201916,19744,86652.782.49$966,648
May 201916,62950,88558.482.74$1,111,905
Apr 201920,19162,21962.632.75$1,435,708
Mar 201925,43175,40656.803.06$1,675,382
Feb 201925,60288,49250.852.79$1,548,951
Jan 201920,99768,67846.033.23$1,188,197
Dec 201823,51169,10946.594.19$1,384,629
Nov 20188,61019,11452.934.24$536,718
Oct 201821,29665,65661.443.40$1,531,531
Sep 20187,68722,83359.543.11$528,649
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201814,86278,35061.782.77$1,134,900
Jan 201820,02064,46362.874.01$1,517,110
Dec 201726,07174,59457.272.92$1,711,014
Nov 201722,96366,93055.423.12$1,481,321
Oct 20178,97341,75149.292.98$566,851
Sep 20176853,43147.523.09$43,144

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           690 bbl  × $106.41 =    $73,423
Gas                3,505 Mcf  × $  3.05 =    $10,676

────────────────────────────────────────────────────
Month total                                  $84,099

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/287804 is the state's own key, not one this site invented.