TARPON 53-2-10 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 46589District 08Field 71052900OilCasinghead gasSave
Value, all time
$449.6 M
Jun 2015 – May 2026
Value, last 12 filed months
$29.5 M
at the published price for each month
Months reported
132
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition5,696,517 bbl$405,423,996
Casinghead gasProduction11,187,567 Mcf$44,186,564
Total$449,610,560

Wells on this lease (15)

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 31.8619, -103.5394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.0 miles.

31.86140, -103.53903 · 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 15 wells
With a plug date
0.0%
0 of 15 wells
Median depth
11,837 ft
15 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.
15100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 15 of 15 wells. Median 11,837 ft, with the middle half between 11,767 and 11,856 ft; the shallowest is 11,667 ft and the deepest 11,895 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 15 of 15 wells, Jun 2015 – Jul 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2015 – Jul 2021
15 of 15 wells

15 wells

42-3013521011H11,792 ftJul 2021
42-3013521112H11,667 ftJul 2021
42-3013521313H11,774 ftJul 2021
42-301352078H11,741 ftJun 2021
42-301352089H11,837 ftJun 2021
42-3013520910H11,684 ftJun 2021
42-301351092H11,837 ftApr 2021
42-301351103H11,895 ftApr 2021
42-301351114H11,837 ftApr 2021
42-301351135H11,868 ftJan 2021
42-301351146H11,759 ftJan 2021
42-301351157H11,875 ftJan 2021
42-301335211501H11,776 ftOct 2018
42-301330440301H11,883 ftSep 2017
42-301324751001H11,844 ftJun 2015

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 (132)

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

132 months

May 202628,04757,245106.413.05$3,158,840
Apr 202625,51152,50398.932.87$2,674,472
Mar 202629,14460,96389.753.15$2,807,673
Feb 202627,14556,67963.503.75$1,936,272
Jan 202626,44753,77559.138.00$1,993,899
Dec 202532,08569,28456.664.41$2,123,711
Nov 202532,72271,70458.593.93$2,198,723
Oct 202533,76171,09459.383.30$2,239,682
Sep 202532,02568,22862.743.08$2,219,181
Aug 202537,05182,00063.933.01$2,615,881
Jul 202538,02084,13166.743.32$2,816,366
Jun 202537,74079,36766.483.13$2,757,272
May 202532,79065,92860.553.23$2,198,535
Apr 202533,08965,19362.363.54$2,294,417
Mar 202519,10633,66767.704.27$1,437,178
Feb 202535,97973,52570.884.34$2,869,352
Jan 202536,84674,96774.324.28$3,059,155
Dec 202435,93270,44568.993.12$2,698,834
Nov 202440,11880,39769.052.20$2,946,896
Oct 202443,11386,63471.372.28$3,274,622
Sep 202443,76993,64669.612.36$3,268,173
Aug 202441,26988,82175.632.06$3,304,468
Jul 202438,23374,07479.932.15$3,214,970
Jun 202441,08682,44178.082.63$3,425,143
May 202441,82981,57178.812.20$3,475,872
Apr 202441,95672,17584.451.66$3,662,937
Mar 202449,02981,88480.301.55$4,063,550
Feb 202447,92278,07476.091.78$3,785,641
Jan 202436,65854,67773.023.30$2,857,073
Dec 202354,32388,14571.262.61$4,101,179
Nov 202353,99390,67477.892.81$4,460,087
Oct 202355,763110,28585.443.09$5,104,871
Sep 202345,34387,83789.042.74$4,277,578
Aug 202345,52885,57480.522.67$3,894,644
Jul 202361,738123,15974.852.64$4,946,451
Jun 202359,471115,73268.962.26$4,362,499
May 202357,313113,33670.622.23$4,299,889
Apr 202360,066117,16978.122.24$4,954,552
Mar 202368,219133,64872.852.39$5,289,595
Feb 202349,13091,19575.112.47$3,915,012
Jan 202355,626100,98076.533.39$4,599,150
Dec 202263,754119,03276.415.73$5,553,387
Nov 202266,481126,11185.005.65$6,362,933
Oct 202274,205140,99087.185.86$7,295,923
Sep 202285,052164,96884.888.16$8,565,960
Aug 202283,089163,67294.529.13$9,347,433
Jul 202284,281165,122101.587.54$9,806,627
Jun 202281,561160,058115.097.98$10,663,670
May 202285,203169,279109.378.43$10,746,189
Apr 2022102,970199,907104.226.84$12,098,418
Mar 2022113,201219,546108.885.08$13,439,828
Feb 202287,306160,30391.054.86$8,728,098
Jan 2022121,147228,94081.844.54$10,953,527
Dec 2021122,499234,51071.323.90$9,651,011
Nov 2021152,073288,95677.435.24$13,288,232
Oct 2021182,265346,17679.795.71$16,520,929
Sep 2021209,819378,50069.865.35$16,683,279
Aug 2021273,225500,44766.024.22$20,150,496
Jul 2021311,026560,49670.783.98$24,246,360
Jun 2021117,747219,37669.493.38$8,923,866
May 2021134,277255,42263.483.02$9,294,683
Apr 2021139,848270,75160.362.76$9,188,070
Mar 202196,947178,18261.302.72$6,426,961
Feb 202187,913173,87957.805.55$6,046,043
Jan 202120,86643,21050.412.81$1,173,287
Dec 202016,51835,27944.642.68$831,751
Nov 202010,96813,40038.772.71$461,497
Oct 202013,16126,95836.972.48$553,376
Sep 202015,54731,93637.091.99$640,224
Aug 202014,93533,24239.982.39$676,387
Jul 202018,06235,29638.371.83$757,458
Jun 202015,19628,97934.901.69$579,324
May 202019,93639,04116.921.81$408,167
Apr 202020,41356,45814.751.80$402,963
Mar 202020,49553,62230.341.86$721,353
Feb 202017,21434,02949.881.98$926,035
Jan 202021,08362,68857.252.09$1,338,317
Dec 201924,54376,92059.012.30$1,625,534
Nov 201924,62068,74955.302.75$1,550,594
Oct 201928,88572,72253.472.42$1,720,362
Sep 201930,48187,48555.052.66$1,910,451
Aug 201924,17169,47553.112.30$1,443,817
Jul 201915,55929,19156.272.46$947,317
Jun 201916,91049,42552.782.49$1,015,637
May 201928,45567,83758.482.74$1,849,943
Apr 201932,31983,29862.632.75$2,253,267
Mar 201937,32697,02156.803.06$2,417,205
Feb 201936,61893,28250.852.79$2,122,489
Jan 201941,33099,35146.033.23$2,223,143
Dec 201846,887112,60546.594.19$2,655,767
Nov 201855,349135,52252.934.24$3,503,862
Oct 201825,55056,37661.443.40$1,761,362
Sep 201815,78728,64559.543.11$1,028,987
Aug 201812,25021,65059.403.07$794,041
Jul 201815,85029,90165.142.93$1,120,135
Jun 20185,4639,47760.183.08$357,923
May 20189,54416,71465.382.90$672,471
Apr 201810,35619,67563.842.90$718,200
Mar 201812,69816,38561.222.79$823,034
Feb 20181,2771,21061.782.77$82,240
Jan 20185,8888,27062.874.01$403,336
Dec 20176036,71857.272.92$54,161
Nov 201774055.423.12$4,101
Oct 20178,83913,98949.292.98$477,413
Sep 20177,39313,42047.523.09$392,747
Aug 201710,74318,31945.373.00$542,448
Jul 201710,62719,58643.873.09$526,674
Jun 201712,04621,16842.493.09$577,186
May 201713,50922,60745.373.26$686,679
Apr 201713,01822,12747.933.21$695,016
Mar 20177,90114,04946.772.98$411,447
Feb 201712,99522,42850.452.95$721,819
Jan 201713,82023,23849.413.42$762,292
Dec 201611,31118,44248.763.72$620,181
Nov 201616,07027,08642.492.64$754,439
Oct 201616,70228,61546.193.09$859,893
Sep 201611,90521,20741.553.10$560,408
Aug 201613,31321,84441.442.92$615,570
Jul 201613,00222,98841.622.92$608,368
Jun 201613,40723,37545.352.69$670,789
May 201614,68625,63442.521.99$675,487
Apr 201614,80526,01236.561.99$593,062
Mar 201615,67228,00433.011.79$567,572
Feb 201614,46426,22126.472.06$436,973
Jan 201615,10528,07227.352.36$479,494
Dec 201516,44726,34032.362.00$584,942
Nov 201511,13217,84038.792.17$470,475
Oct 201555120243.552.43$24,486
Sep 20156,3427,87642.992.76$294,368
Aug 20155,1659,36340.162.87$234,322
Jul 201511,17336,89348.152.95$646,633
Jun 20153631,13156.152.88$23,643

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
Oil               28,047 bbl  × $106.41 = $2,984,481
Casinghead gas    57,245 Mcf  × $  3.05 =   $174,359

────────────────────────────────────────────────────
Month total                               $3,158,840

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/46589 is the state's own key, not one this site invented.