BERNARD STATE C-27 2-5 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 48786District 08Field 71052900OilCasinghead gasSave
Value, all time
$127.1 M
Mar 2017 – May 2026
Value, last 12 filed months
$9.9 M
at the published price for each month
Months reported
111
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
OilDisposition1,782,645 bbl$112,281,589
Casinghead gasProduction4,385,686 Mcf$14,859,922
Total$127,141,511

Wells on this lease (7)

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 31.7454, -103.5268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.74591, -103.52675 · 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
28.6%
2 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
11,449 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
228.6%
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.
571.4%

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 11,294 and 11,580 ft, median 11,449 ft, over the 7 wells that filed a depth.

Completions filed
Mar 2017 – Jan 2021
7 of 7 wells

7 wells

42-301349067H11,580 ftJan 2021
42-301349056H11,384 ftJan 2021
42-301345144H11,487 ftFeb 2020
42-301345155H11,294 ftFeb 2020
42-301333893H11,449 ftApr 2018Yes
42-301333882H11,317 ftJan 2018
42-301329611H11,483 ftMar 2017Yes

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 (111)

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

111 months

May 202610,73928,666106.413.05$1,230,049
Apr 202610,19527,10598.932.87$1,086,375
Mar 202610,74327,93089.753.15$1,052,148
Feb 202610,18525,72563.503.75$743,224
Jan 20269,89023,91859.138.00$776,090
Dec 20258,16419,41256.664.41$548,244
Nov 202511,07029,11758.593.93$762,917
Oct 20259,02924,34659.383.30$616,602
Sep 20259,85324,76762.743.08$694,383
Aug 20259,86125,16563.933.01$706,280
Jul 202511,03428,88466.743.32$832,165
Jun 202510,83729,68566.483.13$813,320
May 202511,71932,03660.553.23$813,136
Apr 202512,57334,72762.363.54$907,094
Mar 202512,12133,71067.704.27$964,477
Feb 202512,22332,47070.884.34$1,007,313
Jan 202511,98532,57074.324.28$1,030,082
Dec 202412,81133,76468.993.12$989,221
Nov 202413,93239,48069.052.20$1,048,799
Oct 202414,39535,93271.372.28$1,109,346
Sep 202411,90529,74369.612.36$899,030
Aug 20249,42621,38875.632.06$757,025
Jul 202411,58026,89279.932.15$983,316
Jun 202412,23128,43578.082.63$1,029,894
May 202411,10225,53678.812.20$931,088
Apr 202411,07725,10884.451.66$977,112
Mar 202412,02628,24980.301.55$1,009,336
Feb 202411,71528,71176.091.78$942,604
Jan 202412,91732,39873.023.30$1,050,037
Dec 202314,43835,71271.262.61$1,122,086
Nov 202313,64633,17177.892.81$1,156,017
Oct 202313,52834,90585.443.09$1,263,594
Sep 202314,06332,72489.042.74$1,341,671
Aug 202313,55533,36680.522.67$1,180,632
Jul 202316,60041,60474.852.64$1,352,419
Jun 20239,64423,32668.962.26$717,732
May 202312,75330,68570.622.23$968,965
Apr 202312,44828,94078.122.24$1,037,199
Mar 202317,72045,18672.852.39$1,399,039
Feb 202312,13130,32875.112.47$985,939
Jan 202314,25635,50576.533.39$1,211,293
Dec 202211,88429,51676.415.73$1,077,156
Nov 202213,60733,66785.005.65$1,346,686
Oct 202219,50748,46787.185.86$1,984,819
Sep 202214,92935,36884.888.16$1,555,907
Aug 202218,56643,91594.529.13$2,155,678
Jul 202216,98442,933101.587.54$2,049,039
Jun 202210,53122,589115.097.98$1,392,210
May 202211,58225,170109.378.43$1,478,983
Apr 202216,65638,989104.226.84$2,002,480
Mar 202219,15944,244108.885.08$2,310,632
Feb 202218,80643,76991.054.86$1,924,953
Jan 202223,31454,81581.844.54$2,156,751
Dec 202124,34058,34571.323.90$1,963,423
Nov 202123,22352,99777.435.24$2,075,694
Oct 202122,94452,25679.795.71$2,129,286
Sep 202131,17879,95069.865.35$2,605,901
Aug 202136,90591,26366.024.22$2,821,652
Jul 202132,59680,58270.783.98$2,628,029
Jun 202133,78182,44769.493.38$2,626,164
May 202143,726106,16263.483.02$3,096,088
Apr 202146,422108,63460.362.76$3,101,690
Mar 202152,176127,37261.302.72$3,544,451
Feb 202146,010110,45557.805.55$3,272,177
Jan 202145,668111,71450.412.81$2,616,070
Dec 202016,56140,26144.642.68$847,000
Nov 202013,27528,52638.772.71$591,879
Oct 202012,95126,44836.972.48$544,348
Sep 202021,42848,84137.091.99$892,009
Aug 202028,48364,19739.982.39$1,291,867
Jul 202030,74977,12038.371.83$1,320,592
Jun 202032,16381,67434.901.69$1,260,543
May 202041,086102,11516.921.81$880,488
Apr 202047,515115,68714.751.80$909,590
Mar 202052,013131,74430.341.86$1,822,622
Feb 202043,032111,84649.881.98$2,367,966
Jan 202010,21222,75657.252.09$632,305
Dec 2019501059.012.30$29,564
Nov 201914,87333,37655.302.75$914,284
Oct 201911,04125,73853.472.42$652,611
Sep 20198,70419,16455.052.66$530,079
Aug 201911,19019,41553.112.30$639,040
Jul 20199,55128,07056.272.46$606,489
Jun 201910,54929,19252.782.49$629,499
May 201912,43535,44458.482.74$824,327
Apr 201914,16634,58462.632.75$982,347
Mar 201917,40945,08356.803.06$1,126,880
Feb 201912,34931,09150.852.79$714,760
Jan 201914,41036,58846.033.23$781,405
Dec 201819,67049,98046.594.19$1,125,614
Nov 201819,06849,53952.934.24$1,219,178
Oct 201821,69353,12861.443.40$1,513,351
Sep 201822,40757,97859.543.11$1,514,308
Aug 201821,40154,35159.403.07$1,437,890
Jul 2018804065.142.93$52,373
Jun 201819,58046,30960.183.08$1,320,813
May 201825,22053,11765.382.90$1,802,965
Apr 20181,4794,67863.842.90$107,989
Mar 20180061.222.79$0
Feb 201815,92356,57061.782.77$1,140,202
Jan 20182,1404,13662.874.01$151,124
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$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.

May 2026 — as filed, then multipliedworked
Oil               10,739 bbl  × $106.41 = $1,142,737
Casinghead gas    28,666 Mcf  × $  3.05 =    $87,312

────────────────────────────────────────────────────
Month total                               $1,230,049

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/48786 is the state's own key, not one this site invented.