SABLE 53-2-9 LOV E 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 53246District 08Field 71052900OilCasinghead gasSave
Value, all time
$183.2 M
Jan 2018 – May 2026
Value, last 12 filed months
$12.5 M
at the published price for each month
Months reported
89
12 months not filed
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
OilDisposition2,860,648 bbl$169,633,697
Casinghead gasProduction4,579,954 Mcf$13,606,383
Total$183,240,080

Wells on this lease (6)

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 31.8829, -103.5526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.88294, -103.55222 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
11,673 ft
6 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.
6100.0%

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 11,454 and 11,822 ft, median 11,673 ft, over the 6 wells that filed a depth.

Completions filed
Nov 2019
6 of 6 wells

6 wells

42-3013418112H11,682 ftNov 2019
42-3013418211H11,822 ftNov 2019
42-3013418510H11,490 ftNov 2019
42-301341879H11,664 ftNov 2019
42-301341888H11,738 ftNov 2019
42-301341897H11,454 ftNov 2019

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 (89)

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

89 months

May 202612,4561,955106.413.05$1,331,398
Apr 202613,8382,26098.932.87$1,375,479
Mar 202616,5302,71789.753.15$1,492,125
Feb 202612,7572,08863.503.75$817,900
Jan 202613,6764,05859.138.00$841,117
Dec 202514,74814,87756.664.41$901,279
Nov 202516,91123,97258.593.93$1,084,940
Oct 202515,4362,80959.383.30$925,873
Sep 20259,6052,78962.743.08$611,199
Aug 202514,8229,27663.933.01$975,535
Jul 202515,6214,83966.743.32$1,058,588
Jun 202516,05315,14966.483.13$1,114,600
May 202515,82217,47360.553.23$1,014,500
Apr 202515,94412,30162.363.54$1,037,852
Mar 202513,2745,10367.704.27$920,431
Feb 202511,8701,55770.884.34$848,104
Jan 202512,6291,86474.324.28$946,563
Dec 202414,6741,83668.993.12$1,018,090
Nov 202414,9961,97769.052.20$1,039,820
Oct 202413,9921,95871.372.28$1,003,076
Sep 202413,6214,67869.612.36$959,218
Aug 202419,4036,68675.632.06$1,481,246
Jul 202418,3089,55579.932.15$1,483,869
Jun 202417,3678,73478.082.63$1,379,021
May 202416,4802,67878.812.20$1,304,676
Apr 202416,8153,02584.451.66$1,425,046
Mar 202426,81052,52480.301.55$2,233,999
Feb 202424,25834,43476.091.78$1,907,209
Jan 202419,75015,55473.023.30$1,493,437
Dec 202329,76032,83671.262.61$2,206,423
Nov 202322,07717,93277.892.81$1,769,923
Oct 202314,42912,58785.443.09$1,271,673
Sep 202322,19619,07089.042.74$2,028,489
Aug 202317,36611,28180.522.67$1,428,463
Jul 202315,9622,73774.852.64$1,201,986
Jun 202322,29220,81568.962.26$1,584,267
May 202324,20517,75070.622.23$1,748,893
Apr 202323,60813,85878.122.24$1,875,268
Mar 202323,52514,99272.852.39$1,749,675
Feb 202325,51723,59675.112.47$1,974,762
Jan 202319,4737,28776.533.39$1,514,955
Dec 202216,0965,85676.415.73$1,263,445
Nov 202215,7755,62885.005.65$1,372,652
Oct 202233,86435,77587.185.86$3,162,040
Sep 202228,89924,07184.888.16$2,649,455
Aug 202215,6682,27394.529.13$1,501,685
Jul 202228,09723,886101.587.54$3,034,243
Jun 202223,34321,407115.097.98$2,857,314
May 202223,75521,878109.378.43$2,782,582
Apr 202235,49242,224104.226.84$3,987,687
Mar 202220,42776,605108.885.08$2,612,969
Feb 202225,23970,53791.054.86$2,640,739
Jan 202229,15886,82881.844.54$2,780,288
Dec 202138,387109,41671.323.90$3,164,387
Nov 202127,86457,17677.435.24$2,456,932
Oct 202136,61990,83279.795.71$3,440,832
Sep 202137,14779,96069.865.35$3,022,949
Aug 202135,87372,85366.024.22$2,675,818
Jul 202144,343101,36770.783.98$3,542,249
Jun 202134,15178,59869.493.38$2,638,863
May 202140,526108,86063.483.02$2,901,094
Apr 202147,694118,83960.362.76$3,206,618
Mar 202155,814134,74461.302.72$3,787,490
Feb 202147,208106,05257.805.55$3,316,994
Jan 202167,765134,35050.412.81$3,793,593
Dec 202071,413146,97144.642.68$3,581,091
Nov 202047,988105,49738.772.71$2,146,030
Oct 202056,16495,23536.972.48$2,312,416
Sep 202063,904109,72937.091.99$2,588,674
Aug 202067,971136,89939.982.39$3,043,998
Jul 202082,218153,12838.371.83$3,434,182
Jun 202069,124138,97934.901.69$2,647,345
May 202098,865188,21316.921.81$2,014,355
Apr 2020110,053198,68414.751.80$1,981,783
Mar 2020133,698213,06530.341.86$4,451,895
Feb 2020125,623234,35449.881.98$6,730,253
Jan 2020189,821351,35657.252.09$11,603,252
Dec 2019215,726434,36259.012.30$13,730,918
Nov 20190055.302.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
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) · Apr 2019 – Oct 2019 (7 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               12,456 bbl  × $106.41 = $1,325,443
Casinghead gas     1,955 Mcf  × $  3.05 =     $5,955

────────────────────────────────────────────────────
Month total                               $1,331,398

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/53246 is the state's own key, not one this site invented.