SEIFERT 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 296596District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.8 M
Aug 2022 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
46
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-1112024-04-03234062

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
CondensateDisposition350,370 bbl$27,586,180
GasProduction1,024,901 Mcf$4,230,386
Total$31,816,566

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 28.9881, -97.7275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98811, -97.72749 · 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
13,136 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 13,136 ft.

Completions filed
Dec 2022
1 of 1 wells

1 well

42-1233513313H13,136 ftDec 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 (46)

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

46 months

May 20261,9207,820106.413.05$228,126
Apr 20262,3468,12198.932.87$255,395
Mar 20261,4344,25389.753.15$142,096
Feb 20261,8895,97663.503.75$142,363
Jan 20262,5289,10859.138.00$222,326
Dec 20252,5427,23356.664.41$175,952
Nov 20252,3118,12058.593.93$167,284
Oct 20252,5088,73659.383.30$177,796
Sep 20252,3797,07662.743.08$171,031
Aug 20251,8538,87663.933.01$145,221
Jul 20252,17410,07466.743.32$178,490
Jun 20252,1487,69566.483.13$166,875
May 20252,3178,26260.553.23$167,000
Apr 20252,1747,83862.363.54$163,342
Mar 20252,5039,55267.704.27$210,224
Feb 20253,2607,44770.884.34$263,395
Jan 20253,0519,39274.324.28$266,936
Dec 20243,7579,38268.993.12$288,480
Nov 20243,3819,32269.052.20$253,952
Oct 20243,2559,76871.372.28$254,594
Sep 20242,7409,75769.612.36$213,800
Aug 20242,8429,67675.632.06$234,908
Jul 20244,3719,68679.932.15$370,166
Jun 20243,1709,65578.082.63$272,945
May 20244,22310,19378.812.20$355,223
Apr 20244,59110,19884.451.66$404,630
Mar 20244,13510,88280.301.55$348,855
Feb 20245,27915,50876.091.78$429,340
Jan 20246,18517,44573.023.30$509,156
Dec 20236,10419,49071.262.61$485,854
Nov 20235,97420,41377.892.81$522,626
Oct 20235,85822,81385.443.09$570,938
Sep 20236,63624,65289.042.74$658,294
Aug 20237,85628,07480.522.67$707,604
Jul 20239,20231,72174.852.64$772,570
Jun 20239,65632,79368.962.26$739,940
May 202311,50539,90770.622.23$901,372
Apr 202312,48039,67978.122.24$1,063,730
Mar 202312,48234,71772.852.39$992,397
Feb 202313,42237,61175.112.47$1,100,863
Jan 202318,33351,03476.533.39$1,575,913
Dec 202221,50851,59076.415.73$1,938,990
Nov 202234,25094,64185.005.65$3,445,612
Oct 202248,035131,70887.185.86$4,959,995
Sep 202237,36190,76484.888.16$3,912,170
Aug 20222,4426,24394.529.13$287,799

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         1,920 bbl  × $106.41 =   $204,307
Gas                7,820 Mcf  × $  3.05 =    $23,818

────────────────────────────────────────────────────
Month total                                 $228,126

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/296596 is the state's own key, not one this site invented.