JOHNSON 54-2-26 LOV W 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 49538District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$33.7 M
Jul 2017 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
107
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
OilDisposition471,601 bbl$28,416,746
Casinghead gasProduction1,579,261 Mcf$5,319,150
Total$33,735,897

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 31.7962, -103.6271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79622, -103.62711 · 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
6,439 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 1,238 and 11,639 ft, median 6,439 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2017 – Jul 2018
2 of 2 wells

2 wells

42-301334882H11,639 ftJul 2018
42-301333271H1,238 ftJul 2017

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 (107)

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

107 months

May 20262,6287,419106.413.05$302,243
Apr 20262,5237,87098.932.87$272,185
Mar 20262,9539,22089.753.15$294,070
Feb 20262,6608,31063.503.75$200,075
Jan 20262,8898,50559.138.00$238,849
Dec 20253,53910,23656.664.41$245,695
Nov 20255,79515,96858.593.93$402,226
Oct 20252717159.383.30$2,168
Sep 202521662.743.08$175
Aug 202546063.933.01$2,941
Jul 20259282,41666.743.32$69,944
Jun 20251,6525,65166.483.13$127,505
May 20251,9316,49460.553.23$137,913
Apr 20251,9325,77562.363.54$140,941
Mar 20252,1396,10567.704.27$170,868
Feb 20252,3927,00870.884.34$199,966
Jan 20251,4434,23674.324.28$125,368
Dec 20242,20265768.993.12$153,967
Nov 20242,4949,29369.052.20$192,641
Oct 20242,57310,26971.372.28$207,063
Sep 20242,1017,20569.612.36$163,286
Aug 20242,0707,03475.632.06$171,070
Jul 20242,0796,39079.932.15$179,891
Jun 20242,0556,45978.082.63$177,467
May 20242,2307,53278.812.20$192,305
Apr 20242,0496,77184.451.66$184,272
Mar 20241,2784,47380.301.55$109,535
Feb 20241,3144,36776.091.78$107,771
Jan 20241,8476,42273.023.30$156,046
Dec 20232,4768,88371.262.61$199,631
Nov 20232,4668,82477.892.81$216,851
Oct 20232,5879,30185.443.09$249,748
Sep 20232,4879,06689.042.74$246,238
Aug 20232,4428,68880.522.67$219,852
Jul 20232,0648,50974.852.64$176,969
Jun 20231,9098,89068.962.26$151,723
May 20232,0729,35170.622.23$167,153
Apr 20231,9798,61378.122.24$173,873
Mar 20232,2139,89872.852.39$184,905
Feb 20232,1359,14975.112.47$182,918
Jan 20232,4919,93076.533.39$224,276
Dec 20223,07611,37076.415.73$300,177
Nov 20222,89011,53185.005.65$310,756
Oct 20223,21812,42487.185.86$353,397
Sep 20223,28712,76884.888.16$383,234
Aug 20223,38713,76394.529.13$445,756
Jul 20223,67514,978101.587.54$486,272
Jun 20222,98711,179115.097.98$432,951
May 20223,08511,197109.378.43$431,831
Apr 20223,93614,861104.226.84$511,823
Mar 20223,94815,852108.885.08$510,329
Feb 20223,21611,87391.054.86$350,506
Jan 20223,85016,05281.844.54$387,923
Dec 20213,49813,17971.323.90$300,864
Nov 20214,09716,03877.435.24$401,219
Oct 20214,20616,51779.795.71$429,973
Sep 20214,18015,97369.865.35$377,485
Aug 20213,29712,15066.024.22$268,948
Jul 20213,92016,71570.783.98$344,018
Jun 20213,37614,77169.493.38$284,533
May 20214,38817,37763.483.02$330,988
Apr 20214,59118,00060.362.76$326,764
Mar 20214,96318,89761.302.72$355,574
Feb 20213,65313,21357.805.55$284,448
Jan 20215,24319,56250.412.81$319,274
Dec 20205,36719,67144.642.68$292,212
Nov 20205,39320,67438.772.71$265,042
Oct 20205,51521,09736.972.48$256,177
Sep 20205,66322,00937.091.99$253,861
Aug 20205,05522,55939.982.39$255,904
Jul 20206,03223,71638.371.83$274,732
Jun 20206,55724,63734.901.69$270,483
May 20207,27926,38416.921.81$171,041
Apr 20207,21023,78214.751.80$149,259
Mar 20207,16022,81130.341.86$259,577
Feb 20201,3083,78649.881.98$72,742
Jan 20206,30220,05857.252.09$402,806
Dec 201910,23035,84259.012.30$686,265
Nov 201912,36840,53155.302.75$795,439
Oct 201913,32544,49353.472.42$820,096
Sep 20199,76729,81755.052.66$616,905
Aug 201910,03929,29853.112.30$600,684
Jul 20192,1356,24156.272.46$135,490
Jun 20199,33027,40252.782.49$560,701
May 20198,23622,24658.482.74$542,602
Apr 201912,12437,62062.632.75$862,807
Mar 201914,57144,79156.803.06$964,787
Feb 201913,96942,28750.852.79$828,398
Jan 201917,28850,98246.033.23$960,346
Dec 201816,04648,87246.594.19$952,134
Nov 201819,10758,55552.934.24$1,259,445
Oct 201819,24557,15061.443.40$1,376,613
Sep 201818,12551,87759.543.11$1,240,396
Aug 201819,38857,18359.403.07$1,327,002
Jul 20184081,27665.142.93$30,318
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
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

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                2,628 bbl  × $106.41 =   $279,645
Casinghead gas     7,419 Mcf  × $  3.05 =    $22,597

────────────────────────────────────────────────────
Month total                                 $302,243

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/49538 is the state's own key, not one this site invented.