JOHNSON 54-2-38 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 48971District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.9 M
Dec 2016 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
114
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
OilDisposition310,284 bbl$19,111,086
Casinghead gasProduction861,781 Mcf$2,782,330
Total$21,893,417

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 31.7823, -103.6220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78226, -103.62203 · 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
11,229 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 11,229 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-301329872H11,229 ftDec 2016

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 (114)

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

114 months

May 2026457940106.413.05$51,492
Apr 20267711298.932.87$7,939
Mar 20261,0422,64289.753.15$101,840
Feb 20268522,03863.503.75$61,745
Jan 20268811,56059.138.00$64,570
Dec 20259912,64756.664.41$67,832
Nov 20251,3053,44558.593.93$89,987
Oct 20251,3933,61259.383.30$94,653
Sep 20251,3473,73562.743.08$96,003
Aug 20251,3643,55263.933.01$97,909
Jul 20252,4166,99266.743.32$184,424
Jun 20251,9585,29866.483.13$146,744
May 20252,3936,87060.553.23$167,102
Apr 20252,4835,93062.363.54$175,851
Mar 20253,7849,46367.704.27$296,568
Feb 20253,1848,56370.884.34$262,853
Jan 20253,6489,65474.324.28$312,426
Dec 20244,40511,21368.993.12$338,901
Nov 20245,36612,91669.052.20$398,917
Oct 20247,51117,55671.372.28$576,112
Sep 202426083869.612.36$20,080
Aug 202448075.632.06$3,630
Jul 20241,3203,88379.932.15$113,843
Jun 20241,1873,90878.082.63$102,975
May 20241,3894,52778.812.20$119,419
Apr 20241,1874,41284.451.66$107,563
Mar 20249774,72180.301.55$85,748
Feb 20241,2654,33276.091.78$103,981
Jan 20241,3084,58673.023.30$110,633
Dec 20231,2094,61171.262.61$98,191
Nov 20231,4484,85677.892.81$126,418
Oct 20231,5675,46885.443.09$150,766
Sep 20231,7515,27989.042.74$170,347
Aug 20231,4605,28380.522.67$131,680
Jul 20231,1723,39774.852.64$96,698
Jun 20231,6865,33568.962.26$128,316
May 20231,7765,49570.622.23$137,661
Apr 20231,6955,26278.122.24$144,188
Mar 20231,8875,77072.852.39$151,276
Feb 20231,6875,40375.112.47$140,033
Jan 20231,9306,09476.533.39$168,348
Dec 20221,9465,78076.415.73$181,808
Nov 20221,8705,13285.005.65$187,926
Oct 20221,9635,25287.185.86$201,931
Sep 20221,6735,39284.888.16$186,023
Aug 20222,1586,61894.529.13$264,378
Jul 20222,1476,684101.587.54$268,504
Jun 20225231,349115.097.98$70,953
May 20222,1946,952109.378.43$298,584
Apr 20221,9956,089104.226.84$249,553
Mar 20222,299195108.885.08$251,305
Feb 20221,9166,30991.054.86$205,106
Jan 20222,1998,23881.844.54$217,348
Dec 20212,3037,67671.323.90$194,180
Nov 20211,9415,84577.435.24$180,901
Oct 20212,1368,36479.795.71$218,222
Sep 20212,3459,09069.865.35$212,462
Aug 20212,5029,70066.024.22$206,122
Jul 20212,5608,88470.783.98$216,574
Jun 20212,1746,85269.493.38$174,235
May 20212,9249,47663.483.02$214,211
Apr 20211,7284,78960.362.76$117,512
Mar 202148061.302.72$2,942
Feb 20211,0613,04057.805.55$78,192
Jan 20212,6157,34250.412.81$152,455
Dec 20202,5436,89244.642.68$131,959
Nov 20202,5136,78238.772.71$115,785
Oct 20202,9327,62236.972.48$127,287
Sep 20202,9647,59537.091.99$125,057
Aug 20203,1367,79539.982.39$143,969
Jul 20203,1297,48438.371.83$133,719
Jun 20202,2185,43534.901.69$86,595
May 20202,8377,14616.921.81$60,970
Apr 20203,1637,34714.751.80$59,911
Mar 20203,3519,78830.341.86$119,838
Feb 20203,2739,78349.881.98$182,634
Jan 20203,95914,01457.252.09$256,008
Dec 20194,51412,21659.012.30$294,521
Nov 20194,14912,94855.302.75$265,056
Oct 20195,04914,53453.472.42$305,121
Sep 20194,38812,62555.052.66$275,108
Aug 20196,20623,91153.112.30$384,700
Jul 20193,89011,66656.272.46$247,589
Jun 20196,52618,22552.782.49$389,844
May 20196,13819,33958.482.74$411,945
Apr 20192,3287,70662.632.75$167,000
Mar 20196,24416,42856.803.06$404,963
Feb 20195,73215,65950.852.79$335,196
Jan 20197,7981,01046.033.23$362,202
Dec 201810,05527,38946.594.19$583,097
Nov 20181,18822952.934.24$63,851
Oct 20186,10516,48761.443.40$431,115
Sep 20185,68314,96559.543.11$384,877
Aug 20187,31120,23859.403.07$496,334
Jul 20187,07019,23665.142.93$516,937
Jun 20187,59022,01460.183.08$524,502
May 20188,64624,15765.382.90$635,350
Apr 201812,87634,82863.842.90$923,033
Mar 201810,79729,82861.222.79$744,118
Feb 20180061.782.77$0
Jan 2018454062.874.01$28,543
Dec 20174152,64857.272.92$31,503
Nov 201714055.423.12$776
Oct 20171,1522,94449.292.98$65,566
Sep 2017154047.523.09$7,318
Aug 20173,89213,63645.373.00$217,548
Jul 20170043.873.09$0
Jun 20178892,54042.493.09$45,615
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20174,7279,44646.772.98$249,266
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$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.

May 2026 — as filed, then multipliedworked
Oil                  457 bbl  × $106.41 =    $48,629
Casinghead gas       940 Mcf  × $  3.05 =     $2,863

────────────────────────────────────────────────────
Month total                                  $51,492

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/48971 is the state's own key, not one this site invented.