PIELOP, CAROLINE

Operated by BPX OPERATING COMPANY (P-5 85408) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255733District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.7 M
Nov 2009 – May 2026
Value, last 12 filed months
$795 k
at the published price for each month
Months reported
199
no gaps in the span
Streams
2
condensate, 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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
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 40 acres. The field rule took effect on 2015-08-25.

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: WILL REQUIRE A REGULAR SWR 38.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-08-31199328
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition16,900 bbl$1,293,285
GasProduction6,573,001 Mcf$24,412,040
Total$25,705,325

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 28.2404, -99.0485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.24045, -99.04854 · 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
11,385 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 11,385 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-283322091H11,385 ftNov 2009

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 (199)

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

199 months

May 2026017,294106.413.05$52,675
Apr 2026016,52798.932.87$47,428
Mar 2026017,63389.753.15$55,534
Feb 2026015,90163.503.75$59,634
Jan 2026018,63859.138.00$149,065
Dec 2025017,59856.664.41$77,666
Nov 2025016,98058.593.93$66,671
Oct 2025113,85159.383.30$45,835
Sep 2025317,85662.743.08$55,130
Aug 2025017,41363.933.01$52,496
Jul 2025019,82666.743.32$65,727
Jun 2025221,36566.483.13$66,978
May 2025014,99860.553.23$48,478
Apr 2025217,71962.363.54$62,905
Mar 2025021,57367.704.27$92,080
Feb 2025015,94670.884.34$69,219
Jan 20255416,86474.324.28$76,169
Dec 2024016,54268.993.12$51,634
Nov 2024014,82769.052.20$32,596
Oct 20247919,98371.372.28$51,227
Sep 2024119,81769.612.36$46,924
Aug 2024020,83575.632.06$42,996
Jul 2024021,02479.932.15$45,130
Jun 2024019,51278.082.63$51,394
May 2024010,17578.812.20$22,369
Apr 20245918,31184.451.66$35,364
Mar 2024021,10680.301.55$32,612
Feb 2024020,60276.091.78$36,747
Jan 2024014,92173.023.30$49,204
Dec 20236419,10371.262.61$54,433
Nov 2023021,21277.892.81$59,554
Oct 20237820,15485.443.09$68,885
Sep 2023020,22189.042.74$55,305
Aug 20236221,94680.522.67$63,651
Jul 2023024,09474.852.64$63,652
Jun 2023024,84068.962.26$56,101
May 202322432,46870.622.23$88,138
Apr 202310317,29678.122.24$46,751
Mar 2023014,81072.852.39$35,443
Feb 20239917,59975.112.47$50,829
Jan 2023021,64076.533.39$73,310
Dec 202220915,26576.415.73$103,424
Nov 2022016,81185.005.65$94,918
Oct 20228815,70387.185.86$99,750
Sep 2022018,19084.888.16$148,497
Aug 20229716,71594.529.13$161,729
Jul 2022017,035101.587.54$128,479
Jun 2022015,747115.097.98$125,617
May 202210116,172109.378.43$147,425
Apr 20229018,557104.226.84$136,265
Mar 202215818,284108.885.08$110,020
Feb 2022012,86591.054.86$62,509
Jan 2022014,30281.844.54$64,898
Dec 202111715,74771.323.90$69,744
Nov 20216615,03177.435.24$83,825
Oct 2021015,94979.795.71$91,131
Sep 20219715,96269.865.35$92,188
Aug 202131916,05366.024.22$88,814
Jul 2021014,78670.783.98$58,879
Jun 202120714,97669.493.38$65,013
May 20218916,75463.483.02$56,208
Apr 20219818,15960.362.76$56,005
Mar 202118617,89761.302.72$60,027
Feb 2021018,37257.805.55$101,927
Jan 2021018,22750.412.81$51,223
Dec 2020414,64744.642.68$39,366
Nov 20202315,56738.772.71$43,025
Oct 202036719,04836.972.48$60,777
Sep 2020117,07437.091.99$34,032
Aug 2020219,54439.982.39$46,694
Jul 20203118,76038.371.83$35,429
Jun 2020417,58134.901.69$29,857
May 20201618,24716.921.81$33,384
Apr 20208817,90914.751.80$33,613
Mar 20201712,06630.341.86$22,913
Feb 20203618,51449.881.98$38,466
Jan 202022222,13757.252.09$59,081
Dec 201919919,26759.012.30$56,141
Nov 201919020,24855.302.75$66,203
Oct 201937318,83553.472.42$65,498
Sep 201909,41555.052.66$25,018
Aug 201960917,75753.112.30$73,263
Jul 201944,83256.272.46$12,112
Jun 20192520,21252.782.49$51,672
May 20193019,75158.482.74$55,878
Apr 2019822,26562.632.75$61,745
Mar 20193420,84556.803.06$65,761
Feb 20193520,87450.852.79$60,065
Jan 20191720,41946.033.23$66,699
Dec 20182420,99446.594.19$88,987
Nov 2018021,86552.934.24$92,647
Oct 2018022,62361.443.40$76,875
Sep 2018022,25459.543.11$69,165
Aug 2018022,91959.403.07$70,282
Jul 2018024,84465.142.93$72,840
Jun 2018018,84860.183.08$57,994
May 2018723,27965.382.90$67,985
Apr 20181723,79263.842.90$70,101
Mar 20184024,21361.222.79$69,927
Feb 20182321,84261.782.77$61,839
Jan 20183523,72062.874.01$97,302
Dec 20171125,06057.272.92$73,843
Nov 2017024,25355.423.12$75,630
Oct 2017024,90649.292.98$74,312
Sep 2017025,32647.523.09$78,188
Aug 2017022,76845.373.00$68,404
Jul 2017024,58743.873.09$75,907
Jun 2017025,00542.493.09$77,197
May 2017326,43045.373.26$86,388
Apr 20171725,16847.933.21$81,644
Mar 2017425,79746.772.98$77,157
Feb 20172423,75750.452.95$71,356
Jan 20175226,36449.413.42$92,703
Dec 20165026,93248.763.72$102,701
Nov 20163926,04242.492.64$70,521
Oct 20162622,14346.193.09$69,629
Sep 20163826,58741.553.10$84,015
Aug 20164727,04641.442.92$81,039
Jul 201619327,57341.622.92$88,665
Jun 20165827,81545.352.69$77,337
May 20167228,90742.521.99$60,616
Apr 20167928,18336.561.99$59,002
Mar 20168630,03433.011.79$56,720
Feb 20168526,96026.472.06$57,885
Jan 20169528,95227.352.36$71,051
Dec 20159829,10132.362.00$61,414
Nov 20153929,25838.792.17$64,925
Oct 20151030,80943.552.43$75,196
Sep 2015030,04942.992.76$82,888
Aug 2015031,77340.162.87$91,268
Jul 2015032,33748.152.95$95,235
Jun 20154632,28956.152.88$95,668
May 20152833,71255.212.96$101,180
Apr 20154831,80349.822.71$88,468
Mar 20155533,50542.892.93$100,686
Feb 20153731,00344.662.98$93,923
Jan 20154634,56443.433.10$109,168
Dec 20143735,58254.693.59$129,811
Nov 20142936,84770.464.25$158,711
Oct 2014033,23178.303.90$129,633
Sep 2014635,83986.164.05$145,501
Aug 2014937,65589.394.04$152,747
Jul 20143938,38496.564.18$164,196
Jun 201428336,89098.164.74$202,523
May 201421539,18294.734.73$205,563
Apr 201433937,74095.944.81$214,020
Mar 201463540,70295.895.06$266,712
Feb 201447437,66997.406.19$279,414
Jan 201462844,40590.404.86$272,611
Dec 201328244,07191.824.35$217,800
Nov 201311230,75388.853.74$124,915
Oct 201336040,67897.423.78$188,808
Sep 201311433,993104.113.72$138,246
Aug 20135437,104104.253.52$136,332
Jul 20135638,672102.523.72$149,514
Jun 20136135,90194.403.93$146,972
May 20138040,46394.834.15$175,471
Apr 201312938,64893.964.28$177,634
Mar 201316737,41193.623.91$162,019
Feb 20137036,83691.233.42$132,362
Jan 20135343,15791.603.42$152,448
Dec 20126341,83686.773.42$148,552
Nov 201222742,45686.953.62$173,639
Oct 20124645,21389.383.40$157,821
Sep 2012045,09394.672.92$131,599
Aug 201217045,89692.662.91$149,225
Jul 2012046,92885.133.02$141,760
Jun 2012045,98579.822.52$115,838
May 201218649,31591.612.49$139,751
Apr 2012049,145101.652.00$98,133
Mar 201218252,147105.052.22$134,994
Feb 201218645,686101.102.57$136,229
Jan 201218143,79598.092.73$137,493
Dec 201120042,72396.873.24$157,785
Nov 201118641,82995.723.31$156,311
Oct 2011039,75884.983.65$145,059
Sep 201116860,99283.623.99$257,150
Aug 201115648,63583.404.15$214,813
Jul 201119557,30494.144.52$277,213
Jun 2011060,48092.904.64$280,620
May 2011027,20798.134.40$119,842
Apr 20119863,498105.964.33$285,539
Mar 201119343,40796.364.06$194,714
Feb 2011058,95885.644.18$246,443
Jan 201117669,55486.504.59$334,392
Dec 201019374,42985.734.35$340,145
Nov 2010072,91580.843.80$276,736
Oct 2010080,97078.103.51$284,115
Sep 201018080,60272.633.98$333,827
Aug 2010090,57073.684.42$400,261
Jul 201038897,99372.554.74$492,292
Jun 20100101,75470.364.91$499,653
May 2010192115,56871.124.24$503,111
Apr 2010191121,81481.694.12$517,804
Mar 2010378141,22578.394.39$649,421
Feb 2010552147,45973.585.44$843,141
Jan 2010576112,27974.365.96$712,473
Dec 2009785151,87671.445.48$888,930
Nov 20090235,51074.593.75$883,516

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
Condensate             0 bbl  × $106.41 =         $0
Gas               17,294 Mcf  × $  3.05 =    $52,675

────────────────────────────────────────────────────
Month total                                  $52,675

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. 01/G/255733 is the state's own key, not one this site invented.