FRASER 57-T1-39

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 277812District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.2 M
Sep 2014 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
141
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 Gas112016-12-06217808
NGPA2none

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
CondensateDisposition377,507 bbl$21,245,591
GasProduction1,901,588 Mcf$5,905,698
Total$27,151,289

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 31.9120, -103.9574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91200, -103.95737 · 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
10,276 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 10,276 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-389343661H10,276 ftSep 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 (141)

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

141 months

May 20261,0897,843106.413.05$139,769
Apr 20261,1316,53198.932.87$130,632
Mar 20269346,30889.753.15$103,693
Feb 20265753,08863.503.75$48,093
Jan 20261,1225,79159.138.00$112,660
Dec 20259465,39556.664.41$77,410
Nov 20259706,05858.593.93$80,619
Oct 20251,1035,55859.383.30$83,864
Sep 20251,1235,57362.743.08$87,605
Aug 20251,3025,97063.933.01$101,235
Jul 20251,4847,07066.743.32$122,481
Jun 20252,26810,38166.483.13$183,256
May 20251,6718,87460.553.23$129,863
Apr 20251,7107,39662.363.54$132,841
Mar 20258102,14567.704.27$63,993
Feb 20251,3274,71270.884.34$114,512
Jan 20251,2805,72474.324.28$119,621
Dec 20241,3037,25768.993.12$112,546
Nov 20241,1224,82369.052.20$88,077
Oct 20241,6267,88571.372.28$134,036
Sep 20241,2927,77969.612.36$108,328
Aug 20241,6157,90075.632.06$138,445
Jul 20241,6858,74879.932.15$153,460
Jun 20241,5597,99778.082.63$142,791
May 20241,8469,62578.812.20$166,643
Apr 20241,5958,20384.451.66$148,308
Mar 20241,6548,87980.301.55$146,535
Feb 20241,8538,59876.091.78$156,331
Jan 20241,7368,28173.023.30$154,071
Dec 20231,8778,95671.262.61$157,137
Nov 20232,0229,46377.892.81$184,062
Oct 20232,01110,03485.443.09$202,798
Sep 20232,15910,22989.042.74$220,214
Aug 20231,9689,46880.522.67$183,770
Jul 20238942,35674.852.64$73,140
Jun 20231,2265,43668.962.26$96,822
May 20237543,27470.622.23$60,540
Apr 20231,4525,14178.122.24$124,935
Mar 20231,8227,19172.852.39$149,942
Feb 20231,6777,16475.112.47$143,624
Jan 20231,6986,18176.533.39$150,887
Dec 20221,3165,10876.415.73$129,820
Nov 20221,4785,04185.005.65$154,092
Oct 20221,3094,82887.185.86$142,429
Sep 20221,2925,10584.888.16$151,341
Aug 20221,4885,50994.529.13$190,927
Jul 20221,2805,544101.587.54$171,836
Jun 20221,4856,098115.097.98$219,554
May 20225632,221109.378.43$80,305
Apr 20221,4916,558104.226.84$200,233
Mar 20221,8905,724108.885.08$234,841
Feb 20221,9036,86591.054.86$206,624
Jan 20225563,49281.844.54$61,349
Dec 20211,4849,16371.323.90$141,567
Nov 20211,11810,20077.435.24$139,983
Oct 20211,84211,03179.795.71$210,003
Sep 20211,45712,30069.865.35$167,602
Aug 20211,81812,25566.024.22$171,748
Jul 20211,2798,02270.783.98$122,472
Jun 20211,45010,86669.493.38$137,494
May 20211,83410,66063.483.02$148,591
Apr 20211,67212,29260.362.76$134,828
Mar 20211,6498,37461.302.72$123,835
Feb 20217324,89257.805.55$69,450
Jan 20211,3045,29750.412.81$80,621
Dec 20202,0317,50344.642.68$110,738
Nov 20201,68510,47538.772.71$93,679
Oct 20201,6799,63436.972.48$85,950
Sep 20201,5028,32037.091.99$72,275
Aug 20201,83410,01639.982.39$97,212
Jul 20202,03411,60038.371.83$99,216
Jun 20201,65610,99834.901.69$76,384
May 20201,85411,31816.921.81$51,909
Apr 20202,40310,52914.751.80$54,443
Mar 20201,67813,04930.341.86$75,132
Feb 20201,75310,57449.881.98$108,383
Jan 20202,39713,62457.252.09$165,767
Dec 20191,9969,30559.012.30$139,226
Nov 20191,89912,49455.302.75$139,382
Oct 20191,9349,48853.472.42$126,358
Sep 20191,9329,54055.052.66$131,707
Aug 20192,04611,29353.112.30$134,686
Jul 20192,24412,23356.272.46$156,364
Jun 20192,32115,39152.782.49$160,844
May 20191,6489,59358.482.74$122,663
Apr 201905,96462.632.75$16,405
Mar 20191,58211,08056.803.06$123,786
Feb 20191,85214,90650.852.79$135,795
Jan 20192,33717,33346.033.23$163,526
Dec 20182,53314,63146.594.19$179,250
Nov 20181,73811,94252.934.24$142,593
Oct 20182,28216,37861.443.40$195,860
Sep 20182,69816,44159.543.11$211,738
Aug 20182,61313,13659.403.07$195,495
Jul 20182,90217,22565.142.93$239,538
Jun 20182,60516,54760.183.08$207,683
May 20182,66716,30765.382.90$221,672
Apr 20182,05216,17363.842.90$177,914
Mar 20182,49611,73661.222.79$185,511
Feb 20182,90314,84161.782.77$220,399
Jan 20181,95214,31462.874.01$180,112
Dec 20172,13612,97457.272.92$160,233
Nov 20172,73515,69555.423.12$200,516
Oct 20172,33211,80549.292.98$150,167
Sep 20172,7438,72547.523.09$157,284
Aug 20172,72518,69845.373.00$179,810
Jul 20173,27617,59643.873.09$198,042
Jun 20172,51816,42342.493.09$157,692
May 20173,26318,29145.373.26$207,733
Apr 20173,43817,63947.933.21$221,433
Mar 20173,15018,85346.772.98$203,577
Feb 20172,76116,82750.452.95$188,976
Jan 20173,58217,22949.413.42$235,889
Dec 20162,19117,97548.763.72$173,751
Nov 20163,50719,82142.492.64$201,426
Oct 20163,71822,63346.193.09$241,676
Sep 20163,81121,99341.553.10$226,539
Aug 20163,73522,52441.442.92$220,646
Jul 20163,87423,61441.622.92$230,291
Jun 20163,65022,68045.352.69$226,442
May 20164,29026,50542.521.99$235,183
Apr 20163,91326,16536.561.99$195,155
Mar 20164,89127,93333.011.79$211,564
Feb 20163,92721,82826.472.06$148,993
Jan 20165,56415,84827.352.36$189,646
Dec 20154,58710,92732.362.00$170,305
Nov 20155,20514,31538.792.17$232,927
Oct 20155,93026,75843.552.43$323,182
Sep 20155,78326,42742.992.76$321,508
Aug 20155,29322,65440.162.87$277,640
Jul 20156,73631,52748.152.95$417,188
Jun 20157,04532,96056.152.88$490,596
May 20158,61243,19155.212.96$603,117
Apr 20159,64739,46549.822.71$587,428
Mar 20159,57345,97942.892.93$545,521
Feb 20159,74138,17944.662.98$548,661
Jan 20158,33927,74943.433.10$448,202
Dec 201412,80551,10054.693.59$883,824
Nov 201413,47254,23070.464.25$1,179,814
Oct 201416,27265,64078.303.90$1,530,157
Sep 2014181,55286.164.05$7,829

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         1,089 bbl  × $106.41 =   $115,880
Gas                7,843 Mcf  × $  3.05 =    $23,889

────────────────────────────────────────────────────
Month total                                 $139,769

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/277812 is the state's own key, not one this site invented.