LP-BUTLER A

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 288987District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.5 M
Mar 2020 – May 2026
Value, last 12 filed months
$693 k
at the published price for each month
Months reported
75
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
NGPA1none
ST-1112020-06-08227198

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
CondensateDisposition268,675 bbl$12,909,461
GasProduction1,424,629 Mcf$4,542,912
Total$17,452,373

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 28.9769, -97.6729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.97691, -97.67291 · 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
13,475 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 13,475 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-123348348H13,475 ftJan 2021

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 (75)

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

75 months

May 20265014,126106.413.05$65,879
Apr 20265073,90498.932.87$61,361
Mar 20265574,04789.753.15$62,737
Feb 20264593,57363.503.75$42,546
Jan 20265343,97959.138.00$63,399
Dec 20255783,51556.664.41$48,262
Nov 20256394,49158.593.93$55,073
Oct 20256564,94659.383.30$55,299
Sep 20255673,30762.743.08$45,749
Aug 20256654,69363.933.01$56,662
Jul 20256865,47566.743.32$63,934
Jun 20257716,76166.483.13$72,409
May 2025221260.553.23$1,371
Apr 20252381,43662.363.54$19,930
Mar 2025131467.704.27$940
Feb 20250070.884.34$0
Jan 20252477874.324.28$5,112
Dec 20248577968.993.12$8,296
Nov 20246575,64669.052.20$57,778
Oct 20247716,22071.372.28$69,217
Sep 20246184,70769.612.36$54,148
Aug 20248156,62475.632.06$75,308
Jul 20248346,79379.932.15$81,243
Jun 20248066,68778.082.63$80,546
May 20249117,15778.812.20$87,530
Apr 20247376,98784.451.66$73,832
Mar 20247836,84280.301.55$73,447
Feb 20248326,70376.091.78$75,263
Jan 20247426,81273.023.30$76,645
Dec 20236105,09971.262.61$56,781
Nov 20238817,20777.892.81$88,855
Oct 20238998,02885.443.09$101,595
Sep 20239328,10389.042.74$105,147
Aug 20239438,48180.522.67$98,599
Jul 20231,0318,78974.852.64$100,389
Jun 20231,0159,31868.962.26$91,039
May 20231,0489,27370.622.23$94,664
Apr 20231,0098,80078.122.24$98,515
Mar 20231,17110,05772.852.39$109,375
Feb 20231,0499,23975.112.47$101,571
Jan 20231,28510,09876.533.39$132,550
Dec 20221,16110,63676.415.73$149,647
Nov 20221,16110,44885.005.65$157,677
Oct 20221,25811,19387.185.86$175,306
Sep 20221,25911,56284.888.16$201,252
Aug 20221,27012,65094.529.13$235,499
Jul 20221,52613,647101.587.54$257,938
Jun 20221,43213,821115.097.98$275,062
May 20221,74616,133109.378.43$327,010
Apr 20222,12316,529104.226.84$334,278
Mar 20222,21019,614108.885.08$340,193
Feb 20222,30518,71591.054.86$300,803
Jan 20223,16023,32181.844.54$364,438
Dec 20213,46026,68871.323.90$350,827
Nov 20213,13521,39877.435.24$354,801
Oct 20213,02323,28579.795.71$374,253
Sep 20213,27622,89369.865.35$351,360
Aug 20214,03626,99766.024.22$380,400
Jul 20213,81722,44970.783.98$359,561
Jun 20214,01423,92569.493.38$359,814
May 20215,20330,19263.483.02$421,396
Apr 20215,99933,35760.362.76$454,112
Mar 20217,26340,57161.302.72$555,451
Feb 20216,23333,48457.805.55$546,035
Jan 20218,52139,49550.412.81$540,535
Dec 202010,43949,28844.642.68$597,865
Nov 202012,34059,34538.772.71$639,043
Oct 202014,64472,24736.972.48$720,448
Sep 202016,42278,44937.091.99$765,287
Aug 202018,02679,08939.982.39$909,315
Jul 202019,01678,45738.371.83$872,837
Jun 202021,43183,24434.901.69$888,650
May 202018,56866,43516.921.81$434,733
Apr 202025,53985,03114.751.80$530,128
Mar 20205,77820,53530.341.86$213,422

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           501 bbl  × $106.41 =    $53,311
Gas                4,126 Mcf  × $  3.05 =    $12,567

────────────────────────────────────────────────────
Month total                                  $65,879

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/288987 is the state's own key, not one this site invented.