STS

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 294973District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.5 M
Apr 2023 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
38
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-1112024-04-24234140

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
CondensateDisposition23,892 bbl$1,695,587
GasProduction5,835,513 Mcf$15,847,242
Total$17,542,829

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 28.2608, -98.9152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26081, -98.91519 · 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
11,646 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 11,646 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-2833726372H11,646 ftJan 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 (38)

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

38 months

May 20268555,394106.413.05$177,766
Apr 202616658,23798.932.87$183,546
Mar 202623057,38789.753.15$201,379
Feb 202616362,02263.503.75$242,953
Jan 20265950,66459.138.00$408,695
Dec 20254559,05956.664.41$263,198
Nov 20251,67763,35858.593.93$347,027
Oct 20251,85867,59659.383.30$333,722
Sep 20251,43072,60062.743.08$313,103
Aug 202528073,52163.933.01$239,549
Jul 20254287,74366.743.32$293,689
Jun 202522291,09566.483.13$299,769
May 202516279,63160.553.23$267,202
Apr 202516073,69762.363.54$271,095
Mar 202515977,40867.704.27$341,166
Feb 202514373,43870.884.34$328,918
Jan 202514091,87174.324.28$403,491
Dec 202411096,01068.993.12$307,272
Nov 202410494,64469.052.20$215,250
Oct 2024295100,71471.372.28$250,823
Sep 2024185102,34369.612.36$254,854
Aug 2024149115,59775.632.06$249,818
Jul 2024333121,90779.932.15$288,301
Jun 2024322122,69378.082.63$348,313
May 2024162124,21478.812.20$285,844
Apr 2024248120,50784.451.66$220,889
Mar 2024325131,92880.301.55$229,943
Feb 2024305133,34476.091.78$261,045
Jan 2024463135,69673.023.30$481,288
Dec 20231,028187,10271.262.61$561,726
Nov 2023288237,85077.892.81$690,210
Oct 2023519263,99585.443.09$859,370
Sep 2023546340,64889.042.74$980,302
Aug 2023960442,78080.522.67$1,260,797
Jul 20232,004402,59074.852.64$1,213,562
Jun 20232,799607,60468.962.26$1,565,281
May 20234,880643,37970.622.23$1,777,688
Apr 2023846115,24778.122.24$323,985

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            85 bbl  × $106.41 =     $9,045
Gas               55,394 Mcf  × $  3.05 =   $168,721

────────────────────────────────────────────────────
Month total                                 $177,766

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/294973 is the state's own key, not one this site invented.