EXTINCTION 57-T1-32

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 271198District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.0 M
Mar 2013 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
159
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 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 Gas112016-12-08217842
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
CondensateDisposition210,191 bbl$15,236,694
GasProduction3,369,434 Mcf$11,767,312
Total$27,004,006

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 31.9267, -103.9894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92669, -103.98942 · 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
10,788 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 10,788 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-389334561H10,788 ftMar 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 (159)

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

159 months

May 202617811,868106.413.05$55,089
Apr 20263565,75098.932.87$51,720
Mar 202654018,06489.753.15$105,356
Feb 202633715,92263.503.75$81,112
Jan 202653618,07459.138.00$176,248
Dec 202556222,08356.664.41$129,303
Nov 202536520,22058.593.93$100,778
Oct 202553517,58059.383.30$89,867
Sep 202550318,10862.743.08$87,275
Aug 202535415,11663.933.01$68,202
Jul 202553116,06966.743.32$88,711
Jun 20255389,54166.483.13$65,617
May 202571317,56460.553.23$99,945
Apr 202554519,24462.363.54$102,170
Mar 20251,00218,15167.704.27$145,310
Feb 202553816,33670.884.34$109,045
Jan 202555614,89874.324.28$105,066
Dec 202436214,67968.993.12$70,793
Nov 202454517,88269.052.20$76,945
Oct 202454415,61571.372.28$74,449
Sep 202474717,59869.612.36$93,607
Aug 202453119,17075.632.06$79,719
Jul 202472720,12279.932.15$101,303
Jun 202471021,67778.082.63$112,534
May 202473918,49978.812.20$98,910
Apr 202484817,86984.451.66$101,262
Mar 202474320,69280.301.55$91,635
Feb 20241,60919,80176.091.78$157,747
Jan 20241,96219,10973.023.30$206,280
Dec 20231,67918,01271.262.61$166,670
Nov 20232,78822,35777.892.81$279,926
Oct 20233,23039,32185.443.09$397,366
Sep 202370622,01889.042.74$123,082
Aug 202353120,13080.522.67$96,561
Jul 202352817,35274.852.64$85,361
Jun 202336013,99068.962.26$56,422
May 202352913,30970.622.23$67,002
Apr 20231787,10478.122.24$29,802
Mar 202308,37972.852.39$20,052
Feb 202306,58075.112.47$16,224
Jan 20231815,44576.533.39$32,298
Dec 20223599,86876.415.73$83,966
Nov 20221759,84085.005.65$70,434
Oct 20223398,88087.185.86$81,624
Sep 20223549,82184.888.16$110,223
Aug 202235413,42394.529.13$155,974
Jul 202270713,362101.587.54$172,594
Jun 20221,04214,682115.097.98$237,045
May 20221,76913,986109.378.43$311,420
Apr 202217812,204104.226.84$101,997
Mar 20221784,334108.885.08$41,382
Feb 20225448,00091.054.86$88,402
Jan 202290511,79981.844.54$127,605
Dec 202154013,87871.323.90$92,625
Nov 202190115,53777.435.24$151,129
Oct 202169717,63479.795.71$156,372
Sep 202189020,89869.865.35$173,999
Aug 202188524,46866.024.22$161,697
Jul 20211,23625,76370.783.98$190,074
Jun 202188324,38269.493.38$143,786
May 202188817,68463.483.02$109,735
Apr 202171915,26060.362.76$85,492
Mar 202171914,04361.302.72$82,229
Feb 202154014,63257.805.55$112,390
Jan 202173814,28650.412.81$77,350
Dec 202083517,52744.642.68$84,167
Nov 20201,26720,06238.772.71$103,421
Oct 202053218,48636.972.48$65,484
Sep 202072518,37437.091.99$63,474
Aug 20201,23223,20139.982.39$104,592
Jul 202003,39238.371.83$6,191
Jun 202036313,11534.901.69$34,837
May 2020247,29816.921.81$13,650
Apr 20203584,25514.751.80$12,958
Mar 202090812,86230.341.86$51,424
Feb 202090812,45049.881.98$69,950
Jan 202094113,62357.252.09$82,409
Dec 20191894,30159.012.30$21,064
Nov 201956811,47855.302.75$62,983
Oct 201924015,20253.472.42$49,599
Sep 201991616,48755.052.66$94,236
Aug 201958717,94753.112.30$72,532
Jul 201993812,43556.272.46$83,372
Jun 201974611,08952.782.49$66,999
May 201993212,09758.482.74$87,653
Apr 20195637,42762.632.75$55,690
Mar 201938013,97356.803.06$64,371
Feb 201974012,74950.852.79$73,227
Jan 20191,49811,57846.033.23$106,329
Dec 201876214,37946.594.19$95,684
Nov 201867512,99452.934.24$90,786
Oct 20181,10110,61261.443.40$103,706
Sep 201893718,86959.543.11$114,434
Aug 20181,17917,69159.403.07$124,283
Jul 201888116,49965.142.93$105,761
Jun 20181,12119,90460.183.08$128,705
May 201854119,31265.382.90$91,391
Apr 201834314,46963.842.90$63,869
Mar 20181,30316,03261.222.79$124,448
Feb 201892112,44361.782.77$91,318
Jan 20181,30614,11362.874.01$138,692
Dec 201795117,48757.272.92$105,552
Nov 20175468,84055.423.12$57,826
Oct 20171,27019,57749.292.98$121,010
Sep 20171,11620,16347.523.09$115,281
Aug 20171,18821,57145.373.00$118,707
Jul 20171,15018,93343.873.09$108,902
Jun 20171,09518,40142.493.09$103,336
May 20171,30519,57345.373.26$123,082
Apr 20171,08418,49847.933.21$111,364
Mar 201774012,88646.772.98$73,058
Feb 20171,28619,26850.452.95$121,769
Jan 201789819,27549.413.42$110,268
Dec 20161,12319,41148.763.72$127,021
Nov 20161,27422,29242.492.64$113,080
Oct 20161,44024,02946.193.09$140,769
Sep 20161,27819,35541.553.10$113,114
Aug 20161,45823,17841.442.92$128,200
Jul 20161,27425,32841.622.92$127,092
Jun 20161,44426,06945.352.69$135,502
May 20161,48627,33242.521.99$117,604
Apr 20161,47424,82136.561.99$103,309
Mar 201691725,44433.011.79$75,917
Feb 20161,55224,99426.472.06$92,660
Jan 20161,77621,81227.352.36$100,145
Dec 20151,55319,57932.362.00$89,441
Nov 20151,71727,29038.792.17$125,749
Oct 20151,88627,22343.552.43$148,194
Sep 20151,87623,35842.992.76$145,080
Aug 20151,34920,03640.162.87$111,729
Jul 20151,56017,70048.152.95$127,242
Jun 20151,76016,32356.152.88$145,881
May 20152,08020,44655.212.96$175,264
Apr 20152,17923,26949.822.71$171,537
Mar 20152,22161,98942.892.93$277,178
Feb 20152,01510,86844.662.98$122,335
Jan 20152,34021,42643.433.10$168,060
Dec 20142,16316,71454.693.59$178,320
Nov 20142,35224,74570.464.25$270,934
Oct 20142,45934,58178.303.90$327,439
Sep 20142,33234,99086.164.05$342,475
Aug 20142,73540,21189.394.04$406,738
Jul 20142,63742,79196.564.18$433,478
Jun 20142,47834,18498.164.74$405,166
May 20142,65636,77494.734.73$425,417
Apr 20142,87043,27495.944.81$483,458
Mar 20144,01844,69395.895.06$611,290
Feb 20141,29029,17397.406.19$306,285
Jan 20142,38141,10090.404.86$415,018
Dec 20132,54030,51591.824.35$366,100
Nov 20133,61336,60888.853.74$457,866
Oct 20134,68343,02997.423.78$618,840
Sep 20134,27142,052104.113.72$600,992
Aug 20135,93272,074104.253.52$872,300
Jul 20138,951105,222102.523.72$1,308,845
Jun 201313,141143,32894.403.93$1,804,278
May 201310,318117,64194.834.15$1,466,558
Apr 20130093.964.28$0
Mar 20131,24429,00493.623.91$229,952

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           178 bbl  × $106.41 =    $18,941
Gas               11,868 Mcf  × $  3.05 =    $36,148

────────────────────────────────────────────────────
Month total                                  $55,089

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/271198 is the state's own key, not one this site invented.