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 296858District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.9 M
Mar 2024 – May 2026
Value, last 12 filed months
$6.0 M
at the published price for each month
Months reported
27
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-1112025-06-03236315

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
CondensateDisposition186,888 bbl$14,153,988
GasProduction5,097,104 Mcf$13,735,215
Total$27,889,203

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 28.2819, -98.7901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28188, -98.79009 · 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
11,942 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 11,942 ft.

Completions filed
Mar 2024
1 of 1 wells

1 well

42-3113738459H11,942 ftMar 2024

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 (27)

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

27 months

May 20261,95766,851106.413.05$411,862
Apr 20262,95874,07098.932.87$505,195
Mar 20262,49879,86989.753.15$475,738
Feb 20262,61773,69563.503.75$442,559
Jan 20262,96380,61559.138.00$819,955
Dec 20253,59090,14256.664.41$601,239
Nov 20253,09070,05158.593.93$456,094
Oct 20253,03183,87259.383.30$457,164
Sep 20253,12590,94962.743.08$475,905
Aug 20253,444100,22163.933.01$522,317
Jul 20253,550101,69466.743.32$574,063
Jun 202522392,48166.483.13$304,172
May 20253,192101,94360.553.23$522,788
Apr 20252,899111,67062.363.54$576,442
Mar 20253,015125,53767.704.27$739,948
Feb 20252,39893,59170.884.34$576,234
Jan 20254,935173,56274.324.28$1,109,385
Dec 20245,659208,72968.993.12$1,041,935
Nov 20246,395221,98169.052.20$929,587
Oct 20247,770262,86271.372.28$1,154,238
Sep 20248,789256,60469.612.36$1,218,507
Aug 202411,170337,76475.632.06$1,541,807
Jul 202414,281388,15379.932.15$1,974,686
Jun 202417,706449,72478.082.63$2,567,049
May 202423,622523,22278.812.20$3,011,922
Apr 202433,247642,51384.451.66$3,873,767
Mar 20248,764194,73980.301.55$1,004,646

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         1,957 bbl  × $106.41 =   $208,244
Gas               66,851 Mcf  × $  3.05 =   $203,617

────────────────────────────────────────────────────
Month total                                 $411,862

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/296858 is the state's own key, not one this site invented.