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WHEAT TRUST 1-60 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.

Oil lease lease 46743District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.6 M
Mar 2014 – May 2026
Value, last 12 filed months
$660 k
at the published price for each month
Months reported
132
15 months not filed
Streams
2
oil, casinghead 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.”

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
OilDisposition317,852 bbl$17,750,493
Casinghead gasProduction586,533 Mcf$1,877,591
Total$19,628,084

Wells on this lease (2)

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 31.6996, -103.5082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.69957, -103.50814 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,207 ft
2 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.
2100.0%

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

Between 11,125 and 11,289 ft, median 11,207 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2014 – Jun 2015
2 of 2 wells

2 wells

42-301323833H11,289 ftJun 2015——
42-301319922H11,125 ftFeb 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 (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 20261,1332,467106.413.05$128,077
Apr 20261,2002,39698.932.87$125,592
Mar 20267692,02689.753.15$75,399
Feb 202657769463.503.75$39,242
Jan 20261,0491,86859.138.00$76,967
Dec 20258252,16756.664.41$56,308
Nov 20251,0572,14958.593.93$70,368
Oct 202515925459.383.30$10,281
Sep 202528452562.743.08$19,434
Aug 202573663.933.01$556
Jul 202561366.743.32$4,081
Jun 20257391,61166.483.13$54,169
May 20251,6432,09460.553.23$106,252
Apr 20251,6672,49262.363.54$112,784
Mar 20251,8322,34967.704.27$134,053
Feb 20251,3622,36870.884.34$106,818
Jan 20251,9942,87274.324.28$160,482
Dec 20241,6423,00968.993.12$122,674
Nov 20241,0741,87269.052.20$78,275
Oct 20241,4962,02471.372.28$111,387
Sep 20241,4221,41769.612.36$102,336
Aug 20241,2601,84575.632.06$99,101
Jul 20241,2472,18579.932.15$104,363
Jun 202449187578.082.63$40,642
May 20248754878.812.20$8,061
Apr 20245574784.451.66$47,117
Mar 20244477180.301.55$36,004
Feb 20248071,43676.091.78$63,966
Jan 20241,5553,51273.023.30$125,127
Dec 20232,5725,34671.262.61$197,238
Nov 20232,1864,56477.892.81$183,081
Oct 20232,8195,67885.443.09$258,385
Sep 20232,1644,66089.042.74$205,428
Aug 20231,9303,86480.522.67$165,732
Jul 20232,3855,29774.852.64$192,511
Jun 20231,6563,97168.962.26$123,166
May 20232,5864,66170.622.23$193,005
Apr 20231,4022,29978.122.24$114,669
Mar 20231,1393,02372.852.39$90,211
Feb 20231,8514,22075.112.47$149,434
Jan 20231,8435,23076.533.39$158,763
Dec 20221,7074,20076.415.73$154,494
Nov 20221,4454,19185.005.65$146,488
Oct 20221,7785,29387.185.86$186,043
Sep 20221,3714,40384.888.16$152,315
Aug 20221,6624,84494.529.13$201,304
Jul 20222,0036,170101.587.54$249,999
Jun 20221,4173,258115.097.98$189,072
May 20221,3464,261109.378.43$183,145
Apr 20221,3813,270104.226.84$166,287
Mar 20222,1343,777108.885.08$251,523
Feb 20228632,26191.054.86$89,562
Jan 20221,0712,02781.844.54$96,849
Dec 20211,3563,21371.323.90$109,238
Nov 20211,5732,98577.435.24$137,429
Oct 20211,3223,05879.795.71$122,955
Sep 20211,4432,65969.865.35$115,036
Aug 202117937766.024.22$13,409
Jul 202141070.783.98$2,902
Jun 20211,2662,56169.493.38$96,632
May 20211,5053,21763.483.02$105,245
Apr 20211,5313,17460.362.76$101,166
Mar 20211,5703,34061.302.72$105,316
Feb 202136079057.805.55$25,191
Jan 20211,56294750.412.81$81,402
Dec 20201,5473,00044.642.68$77,084
Nov 20201,5913,27438.772.71$70,544
Oct 20201,7164,04636.972.48$73,468
Sep 20201,7903,59537.091.99$73,549
Aug 20201,8153,65639.982.39$81,284
Jul 20201,1132,86738.371.83$47,938
Jun 20201,9324,13334.901.69$74,413
May 20203,1326,34316.921.81$64,504
Apr 20203,3546,72814.751.80$61,611
Mar 20203,6077,27330.341.86$122,937
Feb 20203,1116,64649.881.98$168,340
Jan 20202,6585,06857.252.09$162,787
Dec 20191,2211,88659.012.30$76,397
Nov 20192,9074,79455.302.75$173,944
Oct 20193,6526,83653.472.42$211,806
Sep 20193,4546,96555.052.66$208,651
Aug 20192,8945,51753.112.30$166,413
Jul 20192,8066,33156.272.46$173,468
Jun 20193,6927,85952.782.49$214,442
May 20193,3095,51158.482.74$208,612
Apr 20193,2934,75662.632.75$219,323
Mar 20193,6238,02556.803.06$230,360
Feb 20193,9637,58250.852.79$222,689
Jan 20193,6127,03646.033.23$188,974
Dec 20183,0526,01646.594.19$167,372
Nov 20181,6832,23752.934.24$98,560
Oct 20181,6922,00161.443.40$110,756
Sep 20183,3755,81859.543.11$219,030
Aug 20184,4677,58659.403.07$288,603
Jul 20183,4715,47665.142.93$242,156
Jun 20181,9483,28560.183.08$127,338
May 20182,2124,13765.382.90$156,621
Apr 20182,3014,72863.842.90$160,611
Mar 20182,3734,20361.222.79$156,988
Feb 20182,1804,00861.782.77$145,767
Jan 20182,1073,92362.874.01$148,196
Dec 20172,2203,56857.272.92$137,563
Nov 20171,9463,16155.423.12$117,704
Oct 20171,9323,41749.292.98$105,424
Sep 20171,4102,88047.523.09$75,895
Aug 20171,7592,97845.373.00$88,753
Jul 201734054543.873.09$16,598
Jun 20172,0443,65642.493.09$98,137
May 20171,0411,83145.373.26$53,205
Apr 20171,9973,53347.933.21$107,063
Mar 20172,1603,38846.772.98$111,132
Feb 20171,2952,23650.452.95$71,935
Jan 20171,5372,91649.413.42$85,912
Dec 20161,8142,97048.763.72$99,507
Nov 20161,7552,73242.492.64$81,794
Oct 20161,0471,96546.193.09$54,433
Sep 20163,6486,69441.553.10$172,330
Aug 20165,29910,59441.442.92$250,571
Jul 20164,2037,52341.622.92$196,929
Jun 20164,7567,81445.352.69$236,672
May 20164,3768,29042.521.99$202,573
Apr 20164,3988,46936.561.99$177,653
Mar 20164,8859,06033.011.79$177,508
Feb 20165,25210,78426.472.06$161,275
Jan 20166,46912,82427.352.36$207,248
Dec 20157,06813,23332.362.00$255,205
Nov 20156,73014,11738.792.17$291,653
Oct 20158,75617,23943.552.43$423,156
Sep 20159,88819,65042.992.76$479,288
Aug 201512,135040.162.87$487,342
Jul 201513,01914,53148.152.95$669,660
Mar 201411,15826,48995.895.06$1,203,890

Not filed, and not zero: Apr 2014 – Jun 2015 (15 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
Oil                1,133 bbl  × $106.41 =   $120,563
Casinghead gas     2,467 Mcf  × $  3.05 =     $7,514

────────────────────────────────────────────────────
Month total                                 $128,077

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/46743 is the state's own key, not one this site invented.