KAREN WHEELER UNIT 1

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 273420District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
May 2013 – May 2026
Value, last 12 filed months
$371 k
at the published price for each month
Months reported
157
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 Gas112014-12-09214818
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
CondensateDisposition114,697 bbl$8,363,957
GasProduction908,086 Mcf$3,661,659
Total$12,025,616

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 28.3784, -98.5406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37842, -98.54061 · 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
12,127 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 12,127 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-311353563H12,127 ftOct 2013

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 (157)

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

157 months

May 2026171440106.413.05$19,536
Apr 2026074798.932.87$2,144
Mar 20261692,53689.753.15$23,155
Feb 20261671,01563.503.75$14,411
Jan 20263341,65059.138.00$32,946
Dec 20254631,54656.664.41$33,057
Nov 20255611,36558.593.93$38,229
Oct 20253852,12159.383.30$29,871
Sep 20256943,14862.743.08$53,228
Aug 20258489,39863.933.01$82,545
Jul 2025012066.743.32$398
Jun 20254792,92566.483.13$40,995
May 20250060.553.23$0
Apr 202501662.363.54$57
Mar 202530267.704.27$2,040
Feb 202512374070.884.34$11,930
Jan 20258272974.324.28$9,213
Dec 202492568.993.12$6,363
Nov 20242578469.052.20$17,931
Oct 20242019371.372.28$14,558
Sep 20241541669.612.36$10,758
Aug 2024165075.632.06$12,479
Jul 20248738379.932.15$7,776
Jun 20248318978.082.63$6,978
May 20241614578.812.20$12,787
Apr 20242352284.451.66$19,882
Mar 2024109080.301.55$8,753
Feb 202479076.091.78$6,011
Jan 20241823873.023.30$13,415
Dec 2023120271.262.61$8,556
Nov 2023134077.892.81$10,437
Oct 2023128085.443.09$10,936
Sep 202304589.042.74$123
Aug 20238511780.522.67$7,157
Jul 20231428874.852.64$10,861
Jun 20230368.962.26$7
May 2023995370.622.23$7,109
Apr 20231564878.122.24$12,294
Mar 202310724472.852.39$8,379
Feb 20238726575.112.47$7,188
Jan 2023774876.533.39$6,055
Dec 20226514776.415.73$5,809
Nov 202210314485.005.65$9,568
Oct 202214562587.185.86$16,306
Sep 202212978384.888.16$17,342
Aug 20221171,13094.529.13$21,373
Jul 20221031,148101.587.54$19,121
Jun 2022851,066115.097.98$18,286
May 20222331,258109.378.43$36,092
Apr 20223481,086104.226.84$43,694
Mar 2022921,657108.885.08$18,429
Feb 20221621,00891.054.86$19,648
Jan 20222401,37881.844.54$25,895
Dec 20213741,32371.323.90$31,832
Nov 20212691,38577.435.24$28,082
Oct 20214471,66879.795.71$45,197
Sep 20212081,35869.865.35$21,797
Aug 20214491,86766.024.22$37,523
Jul 20212041,76470.783.98$21,464
Jun 20215961,71069.493.38$47,197
May 20219062,11563.483.02$63,895
Apr 2021912,30060.362.76$11,837
Mar 2021174661.302.72$2,088
Feb 20211121,15057.805.55$12,854
Jan 20210050.412.81$0
Dec 20203161,30244.642.68$17,590
Nov 20201851,46938.772.71$11,148
Oct 20203511,23336.972.48$16,032
Sep 20201331,14837.091.99$7,219
Aug 202040078439.982.39$17,862
Jul 20202621,20738.371.83$12,256
Jun 20201381,16634.901.69$6,787
May 20202991,32416.921.81$7,462
Apr 20203861,33814.751.80$8,108
Mar 20205962,07930.341.86$21,942
Feb 20203252,52549.881.98$21,212
Jan 20206152,53957.252.09$40,527
Dec 20191051,93159.012.30$10,646
Nov 20192921,92855.302.75$21,451
Oct 20193572,43953.472.42$24,988
Sep 20194485,69755.052.66$39,801
Aug 20193814,08653.112.30$29,651
Jul 20193801,73956.272.46$25,661
Jun 201901,54552.782.49$3,849
May 20191641,21358.482.74$12,915
Apr 20192691,44562.632.75$20,822
Mar 20197241,39156.803.06$45,383
Feb 201922,00050.852.79$5,686
Jan 20194512,22046.033.23$27,926
Dec 20185032,41346.594.19$33,534
Nov 20181532,08152.934.24$16,916
Oct 20182422,83461.443.40$24,499
Sep 201801,65559.543.11$5,144
Aug 201844952459.403.07$28,277
Jul 20183512,96665.142.93$31,560
Jun 20181752,66860.183.08$18,741
May 20183772,71365.382.90$32,518
Apr 20185352,29763.842.90$40,818
Mar 20181922,41161.222.79$18,473
Feb 20185582,22261.782.77$40,620
Jan 20181822,78062.874.01$22,588
Dec 20174553,91357.272.92$37,490
Nov 2017061455.423.12$1,915
Oct 20175452,54149.292.98$34,445
Sep 20171953,56147.523.09$20,260
Aug 20175473,06645.373.00$34,029
Jul 20173733,50243.873.09$27,175
Jun 20175323,15142.493.09$32,333
May 20173353,45145.373.26$26,461
Apr 20174043,72047.933.21$31,311
Mar 20171,2503,96746.772.98$70,299
Feb 20171013,46550.452.95$15,326
Jan 20177484,12749.413.42$51,068
Dec 20164673,81548.763.72$36,974
Nov 20165654,64442.492.64$36,287
Oct 20168275,46446.193.09$55,084
Sep 20161,0784,57841.553.10$58,986
Aug 20162735,20941.442.92$26,546
Jul 20166056,20141.622.92$43,314
Jun 20168364,77045.352.69$50,724
May 20164896,22842.521.99$33,192
Apr 20164844,93136.561.99$27,513
Mar 201674964133.011.79$25,874
Feb 20167122,44726.472.06$23,896
Jan 20168141,66527.352.36$26,200
Dec 20159833,92232.362.00$39,659
Nov 20151,0685,25838.792.17$52,824
Oct 20151,1953,27343.552.43$59,984
Sep 20151,5457,97542.992.76$88,418
Aug 20159709,05440.162.87$64,963
Jul 20151,92311,59148.152.95$126,729
Jun 20151,49715,05156.152.88$127,446
May 20152,00216,35255.212.96$158,858
Apr 20151,73215,59549.822.71$128,497
Mar 20151,19910,38942.892.93$81,914
Feb 20151,21410,68044.662.98$86,003
Jan 20151,45911,27443.433.10$98,321
Dec 20141,15513,27654.693.59$110,846
Nov 201490618,58370.464.25$142,849
Oct 20141,36114,85678.303.90$164,519
Sep 20141,54020,23986.164.05$214,562
Aug 20141,74523,50189.394.04$250,815
Jul 20142,09728,06396.564.18$319,778
Jun 20142,89135,03298.164.74$449,723
May 20143,27049,61894.734.73$544,290
Apr 20144,05647,66095.944.81$618,335
Mar 20145,06549,95495.895.06$738,290
Feb 20145,70156,23897.406.19$903,503
Jan 20148,42169,96190.404.86$1,101,319
Dec 201312,15467,25291.824.35$1,408,828
Nov 20139,85466,07488.853.74$1,122,531
Oct 2013895,28097.423.78$28,625
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$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
Condensate           171 bbl  × $106.41 =    $18,196
Gas                  440 Mcf  × $  3.05 =     $1,340

────────────────────────────────────────────────────
Month total                                  $19,536

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/273420 is the state's own key, not one this site invented.