WHEAT 1-77 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.

Oil lease lease 44986District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.3 M
Oct 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
oil, casinghead 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.

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
OilDisposition195,085 bbl$12,926,628
Casinghead gasProduction646,859 Mcf$2,336,243
Total$15,262,871

Wells on this lease (3)

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 31.7288, -103.5588. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.72853, -103.55856 · 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
66.7%
2 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,004 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
266.7%
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.
133.3%

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

Between 10,954 and 11,113 ft, median 11,004 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2014 – Apr 2015
3 of 3 wells

3 wells

42-301322603H11,113 ftApr 2015Yes
42-301322652H10,954 ftApr 2015Yes
42-301319281H11,004 ftJan 2014

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 (152)

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

152 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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20243079.932.15$240
Jun 202428371778.082.63$23,985
May 20244411,48378.812.20$38,016
Apr 20247924,11284.451.66$73,707
Mar 20249114,74080.301.55$80,477
Feb 20249104,24776.091.78$76,817
Jan 20249124,22773.023.30$80,533
Dec 20231,0205,04271.262.61$85,848
Nov 20231,0255,04277.892.81$93,993
Oct 20231,0155,32685.443.09$103,164
Sep 20231,0886,65989.042.74$115,088
Aug 20238333,05580.522.67$75,239
Jul 20239753,13874.852.64$81,269
Jun 20239432,81368.962.26$71,382
May 20231,0473,57470.622.23$81,900
Apr 20231,0763,63478.122.24$92,189
Mar 20239963,79972.852.39$81,650
Feb 20231,0443,75875.112.47$87,681
Jan 20231,5504,27776.533.39$133,111
Dec 20222,2544,44376.415.73$197,682
Nov 20222,3064,72785.005.65$222,700
Oct 20222,7186,13287.185.86$272,912
Sep 20222,5976,14284.888.16$270,575
Aug 20222,1575,53994.529.13$254,435
Jul 20222,8816,002101.587.54$337,920
Jun 20221231,545115.097.98$26,481
May 202200109.378.43$0
Apr 202210104.226.84$104
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021106069.865.35$7,405
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20213063.483.02$190
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20204038.371.83$153
Jun 202088234.901.69$3,075
May 202014716.921.81$250
Apr 202033191114.751.80$6,526
Mar 202017910430.341.86$5,624
Feb 202048359349.881.98$25,267
Jan 20203361,18657.252.09$21,720
Dec 201921059.012.30$1,239
Nov 2019300855.302.75$16,612
Oct 20195041,91053.472.42$31,568
Sep 20194231,45555.052.66$27,152
Aug 20198352,67053.112.30$50,499
Jul 20198872,17356.272.46$55,257
Jun 20191,0583,31352.782.49$64,095
May 20191,2775,08358.482.74$88,608
Apr 20191,1325,45462.632.75$85,899
Mar 20191,3274,30756.803.06$88,562
Feb 20191,3803,55450.852.79$80,097
Jan 20191,4194,16146.033.23$78,749
Dec 20181,4114,61246.594.19$85,042
Nov 20181,3234,93552.934.24$90,937
Oct 20181,3745,87361.443.40$104,375
Sep 20181,4575,59159.543.11$104,127
Aug 20181,2064,46759.403.07$85,335
Jul 20181,5656,26465.142.93$120,309
Jun 20181,4716,66260.183.08$109,023
May 20181,7987,32565.382.90$138,802
Apr 20182,2676,82063.842.90$164,509
Mar 201832061.222.79$1,959
Feb 20181,0953,26561.782.77$76,680
Jan 20181,9134,52762.874.01$138,421
Dec 20171,4524,44957.272.92$96,154
Nov 20171,9095,53855.423.12$123,066
Oct 20177232,32749.292.98$42,580
Sep 201719943547.523.09$10,799
Aug 20171,4675,15545.373.00$82,045
Jul 20171,4645,51843.873.09$81,261
Jun 20172,04231,69842.493.09$184,625
May 20171,7772,57845.373.26$89,036
Apr 20171,7473,47347.933.21$94,888
Mar 20172,1334,45746.772.98$113,059
Feb 20171,1893,28150.452.95$69,673
Jan 20173671,23749.413.42$22,363
Dec 20161,0362,43748.763.72$59,588
Nov 20161,6204,65742.492.64$81,149
Oct 20161,5034,94346.193.09$84,699
Sep 20161,4644,99641.553.10$76,320
Aug 20161,6305,15241.442.92$82,613
Jul 20161,6595,68941.622.92$85,684
Jun 20161,6155,53945.352.69$88,117
May 20161,8625,40342.521.99$89,930
Apr 20161,8705,88636.561.99$80,086
Mar 20162,0286,51733.011.79$78,636
Feb 20162,0195,82426.472.06$65,462
Jan 20162,2436,84927.352.36$77,540
Dec 20152,7657,77832.362.00$105,042
Nov 20152,6658,44938.792.17$121,687
Oct 20151,6273,73243.552.43$79,912
Sep 20151,6453,76642.992.76$81,107
Aug 20155,14816,64740.162.87$254,562
Jul 20154,28111,33348.152.95$239,507
Jun 20152,5916,25256.152.88$163,508
May 20152,4175,82955.212.96$150,670
Apr 20155,28716,33849.822.71$307,618
Mar 20152,7178,57342.892.93$141,691
Feb 20152,9848,95644.662.98$159,920
Jan 20152,7397,87843.433.10$143,382
Dec 20143,87214,24654.693.59$262,922
Nov 20143,2489,56570.464.25$269,523
Oct 20145,53717,28678.303.90$500,979
Sep 20142,7108,32686.164.05$267,176
Aug 20144,83615,41689.394.04$494,495
Jul 20144,57315,80396.564.18$507,619
Jun 20146,74221,73998.164.74$764,770
May 20147,75426,53994.734.73$859,975
Apr 20143,45711,91795.944.81$388,975
Mar 201410,02434,05595.895.06$1,133,411
Feb 20145,11415,70497.406.19$595,343
Jan 20142,41415,28990.404.86$292,541
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$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.

Jul 2024 — as filed, then multipliedworked
Oil                    3 bbl  × $ 79.93 =       $240
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                     $240

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/O/44986 is the state's own key, not one this site invented.