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STATE DIAMOND BACK 57-T3-4

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 275789District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$37.9 M
Jul 2014 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
143
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 Gas112017-04-07217851
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
CondensateDisposition515,625 bbl$29,750,123
GasProduction2,617,055 Mcf$8,175,415
Total$37,925,539

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 31.7522, -103.9745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75221, -103.97452 · 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
10,027 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 10,027 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-389341621H10,027 ftJul 2014——

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 (143)

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

143 months

May 20269389,632106.413.05$129,150
Apr 20261,1229,00898.932.87$136,850
Mar 20269268,54589.753.15$110,020
Feb 20267625,61863.503.75$69,456
Jan 20265613,45159.138.00$60,773
Dec 20251,1168,69856.664.41$101,620
Nov 20251,1228,16358.593.93$97,790
Oct 20259447,34459.383.30$80,325
Sep 20251,10411,75562.743.08$105,434
Aug 202593112,23863.933.01$96,413
Jul 20257276,05166.743.32$68,580
Jun 20251,3078,27166.483.13$112,767
May 20251,10810,70960.553.23$101,704
Apr 20251,1457,69562.363.54$98,667
Mar 20257226,03867.704.27$74,652
Feb 20251,3898,42870.884.34$135,037
Jan 20251,0757,66974.324.28$112,707
Dec 20241,4059,09268.993.12$125,310
Nov 20241,2788,59269.052.20$107,135
Oct 20241,3437,42371.372.28$112,785
Sep 20241,6128,43869.612.36$132,162
Aug 20241,4356,85175.632.06$122,667
Jul 20242,06714,00879.932.15$195,285
Jun 20248109,54878.082.63$88,394
May 20247406,37078.812.20$72,323
Apr 20242,27114,16584.451.66$215,289
Mar 20242,17514,54480.301.55$197,125
Feb 20241,49910,71576.091.78$133,171
Jan 20241,71211,54973.023.30$163,095
Dec 20231,85113,50971.262.61$167,170
Nov 20231,81711,86177.892.81$174,827
Oct 20231,64413,37585.443.09$181,756
Sep 20232,29017,48289.042.74$251,716
Aug 20232,34117,43580.522.67$235,099
Jul 20232,29216,82074.852.64$215,991
Jun 20232,16214,22468.962.26$181,216
May 20232,54117,24770.622.23$217,861
Apr 20232,14414,90078.122.24$200,832
Mar 20232,39714,97172.852.39$210,449
Feb 20231,97113,12175.112.47$180,394
Jan 20233,17615,28876.533.39$294,851
Dec 20222,80614,27576.415.73$296,189
Nov 20221,41210,22185.005.65$177,730
Oct 202203,46387.185.86$20,306
Sep 202203,35684.888.16$27,397
Aug 20221824,03394.529.13$54,012
Jul 20227245,256101.587.54$113,185
Jun 20225413,415115.097.98$89,506
May 20227135,329109.378.43$122,920
Apr 20228706,547104.226.84$135,437
Mar 20225435,378108.885.08$86,423
Feb 20221,3058,68491.054.86$161,014
Jan 20222,44312,28181.844.54$255,662
Dec 20211,86513,32071.323.90$184,948
Nov 20212,06411,94977.435.24$222,391
Oct 20211,82412,20179.795.71$215,252
Sep 20212,03512,57569.865.35$209,453
Aug 20211,65612,23566.024.22$160,968
Jul 20211,99913,10970.783.98$193,690
Jun 20212,19816,56169.493.38$208,725
May 20212,54315,78463.483.02$209,061
Apr 20212,61515,09460.362.76$199,477
Mar 20211,84214,07961.302.72$151,166
Feb 20211,4578,69957.805.55$132,476
Jan 20212,22613,47950.412.81$150,092
Dec 20202,77815,29144.642.68$164,920
Nov 20201,67811,06238.772.71$94,996
Oct 20202,21710,87736.972.48$108,920
Sep 20202,19512,87537.091.99$107,047
Aug 20201,97412,12939.982.39$107,849
Jul 20202,36314,81138.371.83$117,700
Jun 20202,02412,31834.901.69$91,459
May 20202,93022,35416.921.81$90,143
Apr 20202,38217,75514.751.80$67,171
Mar 20202,43416,40130.341.86$104,292
Feb 20202,22110,23749.881.98$131,060
Jan 20201,4939,82557.252.09$106,055
Dec 20191,86712,74959.012.30$139,550
Nov 20192,98216,36855.302.75$209,928
Oct 20192,30014,69453.472.42$158,519
Sep 20192,25415,48255.052.66$165,223
Aug 20192,06612,07353.112.30$137,546
Jul 20192,35118,68056.272.46$178,245
Jun 20192,37815,79152.782.49$164,849
May 20192,71715,58458.482.74$201,595
Apr 20192,24113,76962.632.75$178,228
Mar 20197674,93256.803.06$58,668
Feb 20192,56413,11550.852.79$166,999
Jan 20192,86313,51446.033.23$175,410
Dec 20183,07015,40846.594.19$207,521
Nov 20182,73015,29952.934.24$209,324
Oct 20183,23116,97561.443.40$256,195
Sep 20182,94018,41559.543.11$232,281
Aug 20183,36718,22559.403.07$255,888
Jul 20183,13019,31065.142.93$260,503
Jun 20183,58219,10560.183.08$274,349
May 20183,85520,29565.382.90$310,912
Apr 20183,08419,47763.842.90$253,381
Mar 20183,36016,34861.222.79$251,258
Feb 20183,14019,09761.782.77$246,814
Jan 20184,05719,45662.874.01$333,069
Dec 20174,14322,11757.272.92$301,885
Nov 20174,10523,22155.423.12$299,911
Oct 20173,72923,82949.292.98$254,901
Sep 20174,03622,69347.523.09$261,850
Aug 20174,05722,96445.373.00$253,059
Jul 20174,45423,15143.873.09$266,871
Jun 20174,04921,13042.493.09$237,276
May 20174,47223,96145.373.26$281,089
Apr 20174,60425,04847.933.21$301,114
Mar 20174,62325,67546.772.98$292,824
Feb 20174,86425,15650.452.95$319,664
Jan 20175,04824,99149.413.42$334,861
Dec 20164,28824,80748.763.72$301,435
Nov 20166,12627,17642.492.64$332,157
Oct 20164,99927,65446.193.09$316,362
Sep 20166,07028,73041.553.10$341,290
Aug 20165,45428,32341.442.92$308,840
Jul 20165,77532,28941.622.92$334,780
Jun 20166,65933,42445.352.69$391,757
May 20166,16834,19842.521.99$330,353
Apr 20166,57131,64436.561.99$303,240
Mar 20167,71736,79433.011.79$320,747
Feb 20168,09129,06526.472.06$274,148
Jan 20166,87921,86027.352.36$239,826
Dec 20157,04727,30632.362.00$282,691
Nov 20158,13430,86138.792.17$382,404
Oct 20157,91531,90243.552.43$422,111
Sep 20157,71327,02342.992.76$406,123
Aug 20159,15034,15840.162.87$465,583
Jul 20159,18844,36048.152.95$573,046
Jun 201510,82643,49956.152.88$733,281
May 201510,17328,46155.212.96$645,766
Apr 201513,47032,07749.822.71$757,894
Mar 20159,97833,58742.892.93$526,525
Feb 20159,49135,51844.662.98$529,576
Jan 201592726043.433.10$41,066
Dec 201412,45637,56054.693.59$816,110
Nov 201414,79362,06370.464.25$1,306,197
Oct 201416,67874,72778.303.90$1,597,394
Sep 201413,57460,29886.164.05$1,413,468
Aug 201422,79091,97489.394.04$2,408,324
Jul 201412,92149,26196.564.18$1,453,543

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           938 bbl  × $106.41 =    $99,813
Gas                9,632 Mcf  × $  3.05 =    $29,338

────────────────────────────────────────────────────
Month total                                 $129,150

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/275789 is the state's own key, not one this site invented.