GRAND FORKS 75-5 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 50952District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.1 M
Jan 2018 – May 2026
Value, last 12 filed months
$540 k
at the published price for each month
Months reported
96
5 months not filed
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
OilDisposition207,877 bbl$13,087,819
Casinghead gasProduction285,624 Mcf$1,028,969
Total$14,116,788

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 31.9192, -103.3804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91916, -103.38037 · 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
12,247 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 12,247 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-301338701H12,247 ftSep 2018

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 (96)

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

96 months

May 2026687436106.413.05$74,432
Apr 202669062498.932.87$70,052
Mar 202646657789.753.15$43,641
Feb 202639740563.503.75$26,728
Jan 202685867659.138.00$56,140
Dec 202563155156.664.41$38,184
Nov 202565656358.593.93$40,646
Oct 202540033459.383.30$24,856
Sep 202546943362.743.08$30,757
Aug 202547945463.933.01$31,991
Jul 202576442966.743.32$52,412
Jun 202573261366.483.13$50,581
May 202555141760.553.23$34,711
Apr 202563447362.363.54$41,212
Mar 202559438767.704.27$41,866
Feb 202568252070.884.34$50,597
Jan 202543731274.324.28$33,813
Dec 20241,12813768.993.12$78,248
Nov 2024401,00569.052.20$4,971
Oct 202457827671.372.28$41,882
Sep 20243498769.612.36$24,500
Aug 20241,3671,21775.632.06$105,898
Jul 202423625979.932.15$19,419
Jun 20241078.082.63$78
May 202467478.812.20$5,289
Apr 202470623684.451.66$60,013
Mar 20242,6943,29280.301.55$221,415
Feb 20242,1793,49376.091.78$172,030
Jan 20242,9805,00873.023.30$234,114
Dec 202320071.262.61$1,425
Nov 20234213577.892.81$3,650
Oct 20231135585.443.09$2,036
Sep 202316447289.042.74$15,894
Aug 20232,0452,59780.522.67$171,605
Jul 20231,3441,86074.852.64$105,512
Jun 20232,5202,92168.962.26$180,376
May 20231,8732,35570.622.23$137,517
Apr 20232,2192,63378.122.24$179,240
Mar 202324515572.852.39$18,219
Feb 20231,38561975.112.47$105,554
Jan 20231,3601,33576.533.39$108,603
Dec 20221,6662,15376.415.73$139,634
Nov 20222,6993,93685.005.65$251,638
Oct 20222,5703,59687.185.86$245,139
Sep 20223,0924,00384.888.16$295,128
Aug 2022947294.529.13$9,542
Jul 2022370341101.587.54$40,156
Jun 20221,9253,576115.097.98$250,075
May 20222,9866,177109.378.43$378,670
Apr 20223,0505,457104.226.84$355,184
Mar 20223,4855,930108.885.08$409,550
Feb 20223,5476,04091.054.86$352,302
Jan 20224,2767,21081.844.54$382,665
Dec 20212,9794,72971.323.90$230,901
Nov 20212,4624,21177.435.24$212,685
Oct 20214,5166,93079.795.71$399,929
Sep 202114320669.865.35$11,092
Aug 20217791,48266.024.22$57,684
Jul 202137128170.783.98$27,378
Jun 20212,0192,43869.493.38$148,542
May 20212,2572,66763.483.02$151,322
Apr 20212,4632,96160.362.76$156,834
Mar 20212,3652,33661.302.72$151,321
Feb 20211,7642,72857.805.55$117,094
Jan 20211,8863,00050.412.81$103,504
Dec 20200044.642.68$0
Nov 20201,5291,96738.772.71$64,603
Oct 20202,0733,03036.972.48$84,148
Sep 20202,5643,24437.091.99$101,558
Aug 20201,0491,49639.982.39$45,507
Jul 20202,4363,93438.371.83$100,649
Jun 20202,8374,21734.901.69$106,139
May 20203,0824,31916.921.81$59,985
Apr 20202,7853,79014.751.80$47,917
Mar 20202,4113,18730.341.86$79,066
Feb 20202,7462,98649.881.98$142,885
Jan 20203,3243,66257.252.09$197,970
Dec 20196,1923,97559.012.30$374,550
Nov 20193,1514,03555.302.75$185,349
Oct 20193,5954,67653.472.42$203,534
Sep 20193,4604,57955.052.66$202,641
Aug 20194,2245,96653.112.30$238,084
Jul 20194,0575,38356.272.46$241,530
Jun 20194,2326,26552.782.49$238,972
May 20195,0247,02258.482.74$313,046
Apr 20194,3535,93162.632.75$288,943
Mar 20195,6808,25456.803.06$347,899
Feb 20194,6537,23650.852.79$256,810
Jan 20196,2848,87746.033.23$317,909
Dec 20188,08011,66446.594.19$425,266
Nov 20189,48614,75052.934.24$564,593
Oct 201815,87523,41361.443.40$1,054,919
Sep 20183,2516,65159.543.11$214,236
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jan 20180062.874.01$0

Not filed, and not zero: Feb 2018 – Jun 2018 (5 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                  687 bbl  × $106.41 =    $73,104
Casinghead gas       436 Mcf  × $  3.05 =     $1,328

────────────────────────────────────────────────────
Month total                                  $74,432

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/50952 is the state's own key, not one this site invented.