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.

Oil lease lease 10928District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$94.7 M
Apr 2014 – May 2026
Value, last 12 filed months
$683 k
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition1,567,040 bbl$75,998,933
Casinghead gasProduction6,352,604 Mcf$18,692,455
Total$94,691,387

Wells on this lease (7)

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, -97.6748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

28.97480, -97.67479 · 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
28.6%
2 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
13,374 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
228.6%
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.
571.4%

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

Between 13,358 and 13,999 ft, median 13,374 ft, over the 7 wells that filed a depth.

Completions filed
Dec 2014 – Mar 2015
7 of 7 wells

7 wells

42-123335116H13,360 ftMar 2015
42-123335127H13,364 ftMar 2015
42-123335148H13,358 ftMar 2015
42-123335675H13,421 ftDec 2014Yes
42-123335653H13,374 ftDec 2014
42-123335664H13,999 ftDec 2014
42-123335642H13,374 ftDec 2014Yes

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 (146)

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

146 months

May 20264152,561106.413.05$51,961
Apr 20264172,27798.932.87$47,788
Mar 20263512,67389.753.15$39,921
Feb 20264811,49763.503.75$36,158
Jan 20266082,93859.138.00$59,449
Dec 20255541,69856.664.41$38,884
Nov 20255523,32858.593.93$45,409
Oct 20251,3143,23859.383.30$88,726
Sep 20257672,62862.743.08$56,208
Aug 20258843,80663.933.01$67,988
Jul 20257014,51766.743.32$61,760
Jun 20251,1144,67566.483.13$88,685
May 20251,2995,34460.553.23$95,928
Apr 20252,0177,46362.363.54$152,222
Mar 20252,78310,94367.704.27$235,117
Feb 20252,7938,74770.884.34$235,937
Jan 20254,26115,07574.324.28$381,179
Dec 20243,40411,17268.993.12$269,714
Nov 20246,72721,29669.052.20$511,317
Oct 202414,43946,24371.372.28$1,136,010
Sep 2024252169.612.36$1,371
Aug 20242,2217,16775.632.06$182,764
Jul 20241,3305,34379.932.15$117,776
Jun 20241,3465,17878.082.63$118,734
May 20241,1674,09578.812.20$100,974
Apr 20241,1484,05084.451.66$103,668
Mar 20241,1432,99980.301.55$96,417
Feb 20241,1944,43876.091.78$98,767
Jan 20241,3434,19973.023.30$111,913
Dec 20231,1495,01971.262.61$94,981
Nov 20231,5133,83677.892.81$128,617
Oct 20231,0514,88085.443.09$104,863
Sep 20231,2024,70689.042.74$119,897
Aug 20231,2505,65580.522.67$115,765
Jul 20231,1275,93174.852.64$100,024
Jun 20231,1995,49668.962.26$95,096
May 20231,6916,39970.622.23$133,672
Apr 20231,0295,52478.122.24$92,747
Mar 20231,7706,20072.852.39$143,782
Feb 20231,8076,01075.112.47$150,543
Jan 20231,8087,13176.533.39$162,524
Dec 20221,9789,11976.415.73$203,382
Nov 20221,9106,50885.005.65$199,095
Oct 20221,9917,41687.185.86$217,061
Sep 20221,8017,77284.888.16$216,317
Aug 20221,8707,45894.529.13$244,823
Jul 20221,7578,317101.587.54$241,204
Jun 20222,0127,861115.097.98$294,270
May 20221,9118,450109.378.43$280,265
Apr 20222,0468,341104.226.84$270,267
Mar 20222,1238,065108.885.08$272,093
Feb 20222,5917,72491.054.86$273,440
Jan 20222,4498,89181.844.54$240,771
Dec 20211,9818,56571.323.90$174,681
Nov 20212,0519,49077.435.24$208,507
Oct 20211,8359,53879.795.71$200,914
Sep 20211,1086,00569.865.35$109,537
Aug 20212,6288,61566.024.22$209,861
Jul 20211,9759,78170.783.98$178,739
Jun 20212,2329,42469.493.38$186,961
May 20212,87210,78863.483.02$214,869
Apr 20213,75511,32060.362.76$257,877
Mar 20212,82912,77261.302.72$208,118
Feb 20212,64313,82857.805.55$229,482
Jan 20213,99316,95550.412.81$248,935
Dec 20202,57614,01844.642.68$152,497
Nov 20202,69311,01238.772.71$134,212
Oct 20202,50912,53836.972.48$123,832
Sep 20202,95713,63937.091.99$136,831
Aug 20202,86513,18039.982.39$145,978
Jul 20203,25115,73138.371.83$153,452
Jun 20201,7698,69034.901.69$76,427
May 20202,76512,25616.921.81$69,025
Apr 20203,13715,43814.751.80$74,127
Mar 20202,03812,78830.341.86$85,570
Feb 20201,7007,24549.881.98$99,146
Jan 20203,10615,08257.252.09$209,411
Dec 20193,77515,40459.012.30$258,259
Nov 20192,29214,92955.302.75$167,813
Oct 20193,56315,10553.472.42$227,046
Sep 20193,05115,47855.052.66$209,087
Aug 20193,64218,48153.112.30$236,014
Jul 20194,06818,94856.272.46$275,520
Jun 20194,27119,02552.782.49$272,818
May 20194,36720,15158.482.74$310,602
Apr 20193,02015,75062.632.75$232,466
Mar 20193,89317,53756.803.06$274,822
Feb 20193,84016,66250.852.79$241,788
Jan 20194,94820,48346.033.23$293,879
Dec 20184,99020,36646.594.19$317,725
Nov 20184,17419,07952.934.24$301,772
Oct 20184,15121,08861.443.40$326,696
Sep 20183,33619,80259.543.11$260,170
Aug 20184,40023,70659.403.07$334,056
Jul 20184,22622,47565.142.93$341,176
Jun 20184,60123,12960.183.08$348,054
May 20186,30425,43465.382.90$485,934
Apr 20185,63027,66663.842.90$439,673
Mar 20186,90629,78061.222.79$505,777
Feb 20186,03627,71361.782.77$449,562
Jan 20185,62931,16362.874.01$478,838
Dec 20176,54732,00557.272.92$468,450
Nov 20177,76334,76155.423.12$538,623
Oct 20177,75737,47549.292.98$494,156
Sep 20177,33243,06747.523.09$481,377
Aug 20175,81131,26845.373.00$357,587
Jul 20178,50940,10843.873.09$497,114
Jun 20177,63240,39442.493.09$448,991
May 20179,11743,19345.373.26$554,594
Apr 20178,12043,70447.933.21$529,551
Mar 20179,59047,36946.772.98$589,858
Feb 20178,53445,36950.452.95$564,497
Jan 201711,23053,63449.413.42$738,238
Dec 201610,92156,34648.763.72$742,275
Nov 201611,95354,34642.492.64$651,593
Oct 201612,88460,04046.193.09$780,651
Sep 201613,36259,81641.553.10$740,658
Aug 201613,91263,87241.442.92$763,297
Jul 201615,46368,91041.622.92$845,086
Jun 201615,25775,03945.352.69$893,447
May 201617,19885,54742.521.99$901,586
Apr 201619,72395,86136.561.99$911,936
Mar 201618,56688,97333.011.79$772,482
Feb 201619,56591,58426.472.06$706,881
Jan 201624,128114,26527.352.36$930,064
Dec 201529,225124,57932.362.00$1,195,055
Nov 201528,401128,42238.792.17$1,380,008
Oct 201535,262156,34443.552.43$1,915,041
Sep 201538,934159,97842.992.76$2,115,059
Aug 201548,257197,53540.162.87$2,505,418
Jul 201553,500212,72348.152.95$3,202,511
Jun 201565,082256,93256.152.88$4,395,053
May 201585,146327,71955.212.96$5,669,468
Apr 201569,015263,16749.822.71$4,150,607
Mar 2015125,934459,80942.892.93$6,750,715
Feb 2015143,947482,50744.662.98$7,864,706
Jan 2015183,951669,10143.433.10$10,063,627
Dec 2014105,321365,97254.693.59$7,074,343
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0

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
Oil                  415 bbl  × $106.41 =    $44,160
Casinghead gas     2,561 Mcf  × $  3.05 =     $7,800

────────────────────────────────────────────────────
Month total                                  $51,961

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/O/10928 is the state's own key, not one this site invented.