UL 20 GOLD SPOON

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 60535District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$35.8 M
Feb 2023 – May 2026
Value, last 12 filed months
$6.7 M
at the published price for each month
Months reported
40
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
OilDisposition466,558 bbl$34,459,470
Casinghead gasProduction513,894 Mcf$1,358,910
Total$35,818,380

Wells on this lease (3)

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 31.6867, -103.3385. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.68650, -103.33925 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
11,904 ft
3 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.
3100.0%

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 11,657 and 11,906 ft, median 11,904 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2023
3 of 3 wells

3 wells

42-301360722904H11,906 ftDec 2023
42-301360732905H11,657 ftDec 2023
42-301360712901H11,904 ftDec 2023

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 (40)

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

40 months

May 20266,3384,689106.413.05$688,709
Apr 202612,1455,74198.932.87$1,217,980
Mar 20266,7523,36589.753.15$616,590
Feb 20267,2483,87863.503.75$474,792
Jan 20266,7853,43559.138.00$428,670
Dec 20257,1843,31256.664.41$421,662
Nov 20258,0164,05558.593.93$485,579
Oct 20258,4615,12859.383.30$519,361
Sep 20259,7058,63762.743.08$635,467
Aug 20259,19212,41663.933.01$625,076
Jul 20252,5493,57566.743.32$181,972
Jun 20256,1724,68666.483.13$424,976
May 20259,6196,39960.553.23$603,114
Apr 20259,6946,94462.363.54$629,121
Mar 202513,02211,05267.704.27$928,763
Feb 202512,95312,09870.884.34$970,624
Jan 202514,98513,34474.324.28$1,170,780
Dec 202417,39217,27768.993.12$1,253,802
Nov 202417,31618,89469.052.20$1,237,207
Oct 202416,14218,17171.372.28$1,193,510
Sep 202414,98716,16369.612.36$1,081,460
Aug 202416,16618,63475.632.06$1,261,088
Jul 202418,10220,76979.932.15$1,491,475
Jun 202419,88623,66878.082.63$1,615,040
May 202424,67933,40278.812.20$2,018,384
Apr 202422,60930,24684.451.66$1,959,514
Mar 202433,70546,48980.301.55$2,778,343
Feb 202442,57057,41176.091.78$3,341,552
Jan 202458,42981,50273.023.30$4,535,251
Dec 202313,75518,51471.262.61$1,028,516
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$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                6,338 bbl  × $106.41 =   $674,427
Casinghead gas     4,689 Mcf  × $  3.05 =    $14,282

────────────────────────────────────────────────────
Month total                                 $688,709

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/60535 is the state's own key, not one this site invented.