OWENS 1-75 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 45388District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.1 M
Jul 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
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
OilDisposition275,040 bbl$17,231,445
Casinghead gasProduction546,175 Mcf$1,836,245
Total$19,067,690

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 31.7388, -103.5226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73883, -103.52257 · 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
11,280 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 11,280 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-301319172H11,280 ftDec 2013

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 (155)

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

155 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 2025121070.884.34$8,576
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202418069.612.36$1,253
Aug 20249982,83675.632.06$81,331
Jul 20241,2083,51579.932.15$104,101
Jun 20249852,97478.082.63$84,742
May 20241,4453,49978.812.20$121,573
Apr 20241,2593,11884.451.66$111,496
Mar 20241,1413,02480.301.55$96,295
Feb 20241,2172,74876.091.78$97,503
Jan 20241,3122,86173.023.30$105,237
Dec 20231,4133,47871.262.61$109,770
Nov 20231,4263,32877.892.81$120,415
Oct 20231,2811,99185.443.09$115,595
Sep 20231,2613,64789.042.74$122,254
Aug 20231,2653,06780.522.67$110,056
Jul 20231,3582,91674.852.64$109,350
Jun 20231,0032,55568.962.26$74,937
May 20231,2983,02870.622.23$98,409
Apr 20231,4183,64678.122.24$118,933
Mar 20231,3373,56172.852.39$105,922
Feb 20231,4553,01575.112.47$116,719
Jan 202328828076.533.39$22,989
Dec 202235143576.415.73$29,312
Nov 20228901,95185.005.65$86,666
Oct 20221,2983,60887.185.86$134,316
Sep 20221,2113,60484.888.16$132,212
Aug 20221,3133,24094.529.13$153,677
Jul 20221,5273,220101.587.54$179,398
Jun 20221,1193,406115.097.98$155,956
May 2022073109.378.43$616
Apr 2022237266104.226.84$26,519
Mar 202220108.885.08$218
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 202118069.865.35$1,257
Aug 20210066.024.22$0
Jul 202137070.783.98$2,619
Jun 20211,1391,93269.493.38$85,680
May 20211,5392,58563.483.02$105,496
Apr 20211,0901,46160.362.76$69,822
Mar 20211,1192,10261.302.72$74,306
Feb 20218492,16057.805.55$61,056
Jan 20212,0654,44350.412.81$116,583
Dec 20202,1624,48044.642.68$108,498
Nov 20201,9713,97438.772.71$87,172
Oct 20201,7613,23736.972.48$73,127
Sep 20201,8513,70537.091.99$76,030
Aug 20202,7044,11539.982.39$117,921
Jul 20201,3132,58238.371.83$55,092
Jun 20201,3612,49234.901.69$51,711
May 20201,9043,84016.921.81$39,184
Apr 20201,3352,86914.751.80$24,868
Mar 20201,9363,40830.341.86$65,064
Feb 20201,8983,56049.881.98$101,723
Jan 20201,5262,72557.252.09$93,072
Dec 20191,2682,45859.012.30$80,489
Nov 20191,7233,40155.302.75$104,637
Oct 20191,7634,33053.472.42$104,740
Sep 20191,9853,69055.052.66$119,080
Aug 20191,2516,68253.112.30$81,838
Jul 20191,3952,33456.272.46$84,238
Jun 20191,6613,63252.782.49$96,716
May 20191,5603,56558.482.74$100,998
Apr 20191,2283,84362.632.75$87,481
Mar 20192,6213,98856.803.06$161,084
Feb 20191,7123,06950.852.79$95,625
Jan 201975572746.033.23$37,100
Dec 20181,0832,17246.594.19$59,548
Nov 20181,8603,74752.934.24$114,327
Oct 20182,0083,98761.443.40$136,920
Sep 20182,0554,79959.543.11$137,270
Aug 20181,8264,36559.403.07$121,850
Jul 20181,6983,92965.142.93$122,127
Jun 20181,8884,47960.183.08$127,401
May 20181,7474,81565.382.90$128,186
Apr 20181,9854,75763.842.90$140,522
Mar 20182,0635,14461.222.79$140,632
Feb 20186601,52161.782.77$44,982
Jan 20181,2373,34662.874.01$91,185
Dec 20172,3354,76957.272.92$147,658
Nov 20172,1565,08955.423.12$135,355
Oct 20171,9543,32849.292.98$106,242
Sep 20171,7651,80947.523.09$89,458
Aug 20172,1984,88745.373.00$114,406
Jul 20172,0174,81043.873.09$103,336
Jun 20171,9714,47042.493.09$97,548
May 20172,2185,40945.373.26$118,282
Apr 20171,9845,17347.933.21$111,707
Mar 20172,2115,56546.772.98$120,013
Feb 20171,9514,97450.452.95$113,114
Jan 20172,0534,68249.413.42$117,446
Dec 20162,2245,06648.763.72$127,302
Nov 20161,1342,29942.492.64$54,263
Oct 20163,2337,86646.193.09$173,640
Sep 20162,3345,76741.553.10$114,859
Aug 20162,3295,56741.442.92$112,794
Jul 20162,8906,28241.622.92$138,653
Jun 20162,6376,42145.352.69$136,834
May 20162,9166,78942.521.99$137,505
Apr 20163,5997,18136.561.99$145,877
Mar 20163,4687,97033.011.79$128,777
Feb 20162,7706,47126.472.06$86,676
Jan 20163,1667,64427.352.36$104,663
Dec 20153,0236,24632.362.00$110,325
Nov 20153,2665,28938.792.17$138,151
Oct 20151,6644,05443.552.43$82,305
Sep 20153,3736,90442.992.76$164,049
Aug 20151,7672,99040.162.87$79,551
Jul 20153,2603,39448.152.95$166,965
Jun 20155,4224,70556.152.88$318,009
May 20154,8584,18655.212.96$280,582
Apr 20155,8043,84949.822.71$299,573
Mar 20154,3494,60342.892.93$200,037
Feb 20154,1736,27244.662.98$205,033
Jan 20153,2746,13543.433.10$161,212
Dec 20143,7128,87554.693.59$234,883
Nov 20143,9317,03870.464.25$306,903
Oct 20144,1869,45978.303.90$364,663
Sep 20144,8309,54086.164.05$454,746
Aug 20144,9579,78789.394.04$482,598
Jul 20143,9129,51496.564.18$417,507
Jun 20146,1109,85998.164.74$646,459
May 20148,87012,51294.734.73$899,394
Apr 20148,16113,15695.944.81$846,235
Mar 20149,59122,98295.895.06$1,035,896
Feb 201411,50117,61797.406.19$1,229,282
Jan 20141,8983,58190.404.86$188,985
Dec 2013570091.824.35$52,337
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$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.

Feb 2025 — as filed, then multipliedworked
Oil                  121 bbl  × $ 70.88 =     $8,576
Casinghead gas         0 Mcf  × $  4.34 =         $0

────────────────────────────────────────────────────
Month total                                   $8,576

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/45388 is the state's own key, not one this site invented.