STS C

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 292823District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$45.2 M
Apr 2022 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
50
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
NGPA1none
ST-1112022-10-20231106

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
CondensateDisposition192,808 bbl$17,295,830
GasProduction5,141,834 Mcf$27,861,977
Total$45,157,807

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 28.2840, -98.7981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28401, -98.79812 · 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
11,797 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 11,797 ft.

Completions filed
Apr 2022
1 of 1 wells

1 well

42-3113717152H11,797 ftApr 2022

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 (50)

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

50 months

May 202646018,235106.413.05$104,489
Apr 202655118,26898.932.87$106,934
Mar 202658819,36389.753.15$113,756
Feb 202656118,55263.503.75$105,199
Jan 202663918,43259.138.00$185,202
Dec 202566519,67956.664.41$124,529
Nov 202556615,18158.593.93$92,769
Oct 202557620,94359.383.30$103,416
Sep 202559620,83062.743.08$101,485
Aug 202562222,37163.933.01$107,208
Jul 202564623,21966.743.32$120,090
Jun 202565522,25666.483.13$113,177
May 202575419,94860.553.23$110,133
Apr 202565316,49062.363.54$99,147
Mar 202546724,58967.704.27$136,570
Feb 202546413,44670.884.34$91,255
Jan 202595122,48174.324.28$166,867
Dec 202496923,71668.993.12$140,878
Nov 202498428,39869.052.20$130,377
Oct 20241,06234,27571.372.28$153,990
Sep 20241,42330,46169.612.36$171,076
Aug 20241,46933,46475.632.06$180,158
Jul 20241,54635,67579.932.15$200,151
Jun 20241,82337,32178.082.63$240,643
May 20241,87241,85978.812.20$239,557
Apr 20242,85545,57884.451.66$316,728
Mar 20244,07075,68580.301.55$443,764
Feb 20242,16765,82976.091.78$282,302
Jan 20243,73827,75473.023.30$364,472
Dec 202352010,69171.262.61$64,966
Nov 20233,497101,42677.892.81$557,141
Oct 20232,94594,74485.443.09$544,122
Sep 20232,281108,09389.042.74$498,739
Aug 20232,727122,48280.522.67$546,958
Jul 20233,431124,49174.852.64$585,691
Jun 20234,398128,16968.962.26$592,753
May 20234,623139,75470.622.23$637,764
Apr 20234,685142,15878.122.24$684,108
Mar 20235,476163,30872.852.39$789,749
Feb 20234,964156,91775.112.47$759,753
Jan 20235,906188,99476.533.39$1,092,245
Dec 20226,615202,45276.415.73$1,665,316
Nov 20227,434224,42785.005.65$1,899,050
Oct 20229,388263,81387.185.86$2,365,382
Sep 202210,259289,16484.888.16$3,231,426
Aug 202213,875349,43794.529.13$4,500,832
Jul 202217,870415,406101.587.54$4,948,260
Jun 202222,329521,925115.097.98$6,733,345
May 202224,666562,595109.378.43$7,442,107
Apr 202252717,090104.226.84$171,779

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           460 bbl  × $106.41 =    $48,949
Gas               18,235 Mcf  × $  3.05 =    $55,541

────────────────────────────────────────────────────
Month total                                 $104,489

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/292823 is the state's own key, not one this site invented.