LP BUTLER B

Operated by BPX OPERATING COMPANY (P-5 85408) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281940District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.7 M
Dec 2014 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
138
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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 Gas112017-10-17216808
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
CondensateDisposition328,912 bbl$17,208,735
GasProduction1,428,839 Mcf$4,448,496
Total$21,657,231

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 28.9749, -97.6750. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.97486, -97.67497 · 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
13,374 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 13,374 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-123335642H13,374 ftDec 2014

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 (138)

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

138 months

May 2026146892106.413.05$18,253
Apr 20261391,54698.932.87$18,188
Mar 202601,69889.753.15$5,348
Feb 20262731,27563.503.75$22,117
Jan 20261421,63759.138.00$21,489
Dec 2025301056.664.41$17,055
Nov 20251501,45258.593.93$14,490
Oct 20251611,50059.383.30$14,517
Sep 20251541,54562.743.08$14,416
Aug 20253051,58163.933.01$24,265
Jul 20251691,79966.743.32$17,243
Jun 20251651,78066.483.13$16,538
May 20253491,87160.553.23$27,180
Apr 20253441,95262.363.54$28,368
Mar 20251771,96667.704.27$20,374
Feb 20253581,91370.884.34$33,679
Jan 20253491,50974.324.28$32,394
Dec 202430529168.993.12$21,950
Nov 202448535569.052.20$34,270
Oct 20241,2882,32371.372.28$97,224
Sep 20240069.612.36$0
Aug 20243141,50775.632.06$26,858
Jul 20243081,60379.932.15$28,059
Jun 20242821,68378.082.63$26,452
May 20243441,77078.812.20$31,002
Apr 20244622,05084.451.66$42,417
Mar 20242541,99580.301.55$23,479
Feb 20242262,44376.091.78$21,554
Jan 202428125173.023.30$21,346
Dec 20231461,38371.262.61$14,015
Nov 20234571,55677.892.81$39,964
Oct 20234861,84885.443.09$47,229
Sep 20234841,80389.042.74$48,027
Aug 20231,1821,58380.522.67$99,406
Jul 202347384374.852.64$37,631
Jun 20239873,08868.962.26$75,038
May 20231,9116,29470.622.23$148,974
Apr 20234332,50678.122.24$39,434
Mar 20238983,05672.852.39$72,733
Feb 20231,2374,93875.112.47$105,087
Jan 20231,7086,41476.533.39$152,442
Dec 20221,2875,38976.415.73$129,214
Nov 20221,6325,84285.005.65$171,705
Oct 20221,3455,89687.185.86$151,830
Sep 20221,4925,80184.888.16$173,998
Aug 20221,7286,45394.529.13$222,228
Jul 20221,7046,783101.587.54$224,250
Jun 20221,7746,894115.097.98$259,164
May 20221,9697,625109.378.43$279,651
Apr 20222,5188,096104.226.84$317,783
Mar 20222,3649,196108.885.08$304,075
Feb 20223,34411,96791.054.86$362,617
Jan 20222,37010,97681.844.54$243,766
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20201044.642.68$45
Nov 202025938.772.71$994
Oct 202015617136.972.48$6,191
Sep 202026871637.091.99$11,366
Aug 202024573339.982.39$11,543
Jul 20204221,23638.371.83$18,448
Jun 20203071,45634.901.69$13,175
May 20204591,74516.921.81$10,933
Apr 20203941,52114.751.80$8,556
Mar 20206322,15130.341.86$23,168
Feb 20201,0194,66249.881.98$60,062
Jan 20201,3326,20757.252.09$89,259
Dec 20191,5886,50159.012.30$108,689
Nov 20191,1086,10055.302.75$78,052
Oct 20191,3236,11853.472.42$85,537
Sep 20191,1435,83155.052.66$78,417
Aug 20191,3066,05653.112.30$83,317
Jul 20191,3936,31156.272.46$93,910
Jun 20191,2386,16052.782.49$80,687
May 20191,5416,75258.482.74$108,620
Apr 20191,4136,54562.632.75$106,500
Mar 20191,5716,79756.803.06$110,046
Feb 20191,2746,10950.852.79$81,841
Jan 20191,6786,88846.033.23$99,474
Dec 20181,7537,22346.594.19$111,904
Nov 20181,3667,41752.934.24$103,730
Oct 20181,5477,36161.443.40$120,061
Sep 20181,2267,45259.543.11$96,157
Aug 20181,4607,62559.403.07$110,107
Jul 20181,6987,64865.142.93$133,031
Jun 20181,3937,49960.183.08$106,905
May 20181,9027,79465.382.90$146,962
Apr 20181,5277,88663.842.90$120,359
Mar 20181,7598,18361.222.79$130,491
Feb 20181,5307,56861.782.77$115,457
Jan 20181,7388,37962.874.01$142,862
Dec 20171,8368,73357.272.92$130,661
Nov 20171,9629,10955.423.12$137,139
Oct 20172,2079,92649.292.98$138,399
Sep 20171,87110,00947.523.09$119,811
Aug 20171,6078,38745.373.00$98,107
Jul 20172,06310,10343.873.09$121,695
Jun 20172,01610,05342.493.09$116,696
May 20172,29410,72245.373.26$139,069
Apr 20172,03910,58447.933.21$131,721
Mar 20172,25511,16746.772.98$138,785
Feb 20172,07110,67550.452.95$136,001
Jan 20172,68912,20349.413.42$174,583
Dec 20162,52612,74148.763.72$170,600
Nov 20162,68713,68542.492.64$150,359
Oct 20162,95915,36846.193.09$184,167
Sep 20163,06414,76741.553.10$173,096
Aug 20162,89516,22641.442.92$167,419
Jul 20163,21816,78841.622.92$183,027
Jun 20163,10117,16545.352.69$186,733
May 20163,50618,41542.521.99$185,740
Apr 20163,16918,68236.561.99$153,055
Mar 20163,15216,62433.011.79$133,871
Feb 20163,32419,84026.472.06$128,929
Jan 20163,86922,59727.352.36$159,245
Dec 20154,55026,40832.362.00$200,091
Nov 20154,89528,50638.792.17$251,659
Oct 20155,90229,40343.552.43$328,381
Sep 20156,59929,05942.992.76$363,848
Aug 20158,22236,33140.162.87$434,556
Jul 201510,07640,42948.152.95$604,226
Jun 201510,69943,53256.152.88$726,246
May 201513,12155,79055.212.96$889,295
Apr 201515,17465,47349.822.71$933,176
Mar 201518,27080,87442.892.93$1,020,942
Feb 201521,42980,61244.662.98$1,196,936
Jan 201535,607131,31543.433.10$1,953,571
Dec 201429,09399,31154.693.59$1,947,758

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           146 bbl  × $106.41 =    $15,536
Gas                  892 Mcf  × $  3.05 =     $2,717

────────────────────────────────────────────────────
Month total                                  $18,253

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. 02/G/281940 is the state's own key, not one this site invented.