MineralRecord
Log inSign up

HOOTON ETAL_STATE 57-T3-22

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

Gas lease lease 270685District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Apr 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: “FOR THE FOLLOWING API 389-37515.”

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 Gas112016-12-08217844
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
CondensateDisposition24,170 bbl$1,831,070
GasProduction2,448,614 Mcf$9,071,053
Total$10,902,124

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 31.7091, -103.9542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70909, -103.95422 · 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
11,013 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 11,013 ft.

Completions filed
Apr 2013
1 of 1 wells

1 well

42-38933542111,013 ftApr 2013——

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 (158)

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

158 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20231783,68275.112.47$22,448
Jan 202318116,67876.533.39$70,352
Dec 202218017,98376.415.73$116,780
Nov 202217818,77685.005.65$121,143
Oct 2022018,59187.185.86$109,013
Sep 202217719,48184.888.16$174,060
Aug 202217815,73394.529.13$160,422
Jul 202216618,855101.587.54$159,068
Jun 2022013,600115.097.98$108,490
May 202200109.378.43$0
Apr 202217815,886104.226.84$127,173
Mar 202235618,465108.885.08$132,497
Feb 202218216,09991.054.86$94,794
Jan 202217415,80881.844.54$85,972
Dec 202117922,15771.323.90$99,159
Nov 202118112,74977.435.24$80,779
Oct 202117713,07979.795.71$88,855
Sep 202101,55769.865.35$8,331
Aug 202117817,28066.024.22$84,683
Jul 202117614,53870.783.98$70,349
Jun 202117713,11669.493.38$56,640
May 202117616,89763.483.02$62,162
Apr 202117516,72060.362.76$56,684
Mar 20211797,24361.302.72$30,652
Feb 202117512,94757.805.55$81,944
Jan 202118716,62550.412.81$56,147
Dec 202019213,84544.642.68$45,613
Nov 20201808,70838.772.71$30,547
Oct 202004,60936.972.48$11,423
Sep 2020014,20837.091.99$28,289
Aug 202002,89139.982.39$6,895
Jul 202003,67738.371.83$6,711
Jun 202009,04234.901.69$15,284
May 202019213,98116.921.81$28,621
Apr 202019318,76314.751.80$36,702
Mar 202001,84230.341.86$3,419
Feb 2020035849.881.98$709
Jan 202042,79557.252.09$6,084
Dec 201902,06759.012.30$4,763
Nov 201928,67555.302.75$23,973
Oct 201957,65953.472.42$18,791
Sep 2019614,27155.052.66$38,252
Aug 20192766,01253.112.30$28,512
Jul 201909,83056.272.46$24,182
Jun 201907,91152.782.49$19,708
May 20191955,61758.482.74$26,796
Apr 2019032562.632.75$894
Mar 2019017756.803.06$542
Feb 201906,76550.852.79$18,889
Jan 2019015,60846.033.23$50,385
Dec 201808,06546.594.19$33,756
Nov 2018017,78352.934.24$75,351
Oct 201817722,27261.443.40$86,557
Sep 2018028,66459.543.11$89,088
Aug 2018010,77359.403.07$33,036
Jul 20180065.142.93$0
Jun 201834414,38260.183.08$64,954
May 201818615,99965.382.90$58,571
Apr 2018018,02963.842.90$52,299
Mar 2018021,50261.222.79$59,923
Feb 2018015,31261.782.77$42,355
Jan 201837718,85062.874.01$99,278
Dec 2017022,68557.272.92$66,275
Nov 2017024,32855.423.12$75,863
Oct 2017025,50349.292.98$76,093
Sep 201717920,60547.523.09$72,119
Aug 2017025,51745.373.00$76,663
Jul 2017027,19343.873.09$83,952
Jun 2017024,28242.493.09$74,965
May 2017026,84945.373.26$87,619
Apr 2017026,58647.933.21$85,384
Mar 201714927,37746.772.98$88,653
Feb 2017023,04850.452.95$68,052
Jan 2017029,35849.413.42$100,369
Dec 2016017,33348.763.72$64,528
Nov 201618427,92842.492.64$81,670
Oct 201618428,70646.193.09$97,208
Sep 2016027,96841.553.10$86,718
Aug 201635730,55941.442.92$104,159
Jul 2016031,36841.622.92$91,731
Jun 201616831,46745.352.69$92,134
May 2016035,81642.521.99$71,311
Apr 2016033,83736.561.99$67,371
Mar 201621130,36533.011.79$61,440
Feb 201620022,12026.472.06$50,942
Jan 2016149,20927.352.36$22,156
Dec 201544,35732.362.00$8,850
Nov 201504,72138.792.17$10,232
Oct 201529513,52043.552.43$45,655
Sep 201554112,79142.992.76$58,541
Aug 201514234,77340.162.87$105,588
Jul 20152336,82848.152.95$109,569
Jun 20154825,43656.152.88$76,024
May 20157019,52255.212.96$66,844
Apr 20152818,58149.822.71$51,686
Mar 201554415,92042.892.93$70,053
Feb 20152168,44144.662.98$34,769
Jan 201540413,18943.433.10$58,440
Dec 201476523,98554.693.59$127,977
Nov 201474543,49870.464.25$237,439
Oct 201422149,14478.303.90$209,013
Sep 201496451,46686.164.05$291,261
Aug 201457442,38989.394.04$222,355
Jul 201456641,69696.564.18$228,926
Jun 201457544,10798.164.74$265,372
May 201473440,55094.734.73$261,194
Apr 201476440,53495.944.81$268,231
Mar 201476041,10495.895.06$280,731
Feb 201475336,50897.406.19$299,400
Jan 20141,32358,01790.404.86$401,604
Dec 201358356,69391.824.35$300,400
Nov 20131,16087,83988.853.74$431,433
Oct 20131,731112,08297.423.78$592,232
Sep 201377253,551104.113.72$279,462
Aug 20131710104.253.52$17,827
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013051,55394.834.15$213,898
Apr 20130093.964.28$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.

Feb 2023 — as filed, then multipliedworked
Condensate           178 bbl  × $ 75.11 =    $13,370
Gas                3,682 Mcf  × $  2.47 =     $9,079

────────────────────────────────────────────────────
Month total                                  $22,448

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. 08/G/270685 is the state's own key, not one this site invented.