ALEXANDER 58-T2-12

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 277813District 08Field 71052900Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$31.1 M
Nov 2014 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
139
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
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
CondensateDisposition466,585 bbl$24,543,880
GasProduction2,104,943 Mcf$6,511,473
Total$31,055,353

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 31.8544, -104.0154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85445, -104.01544 · 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
9,581 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 9,581 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-389343811H9,581 ftNov 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 (139)

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

139 months

May 202689610,190106.413.05$126,380
Apr 20261,10211,94298.932.87$143,291
Mar 20261,26613,56789.753.15$156,352
Feb 202690510,79863.503.75$97,963
Jan 20261,30810,77159.138.00$163,488
Dec 20251,33514,03056.664.41$137,561
Nov 20251,25413,23758.593.93$125,446
Oct 20251,56614,13659.383.30$139,706
Sep 20251,25813,11162.743.08$119,268
Aug 20251,73513,92163.933.01$152,887
Jul 20251,37612,15266.743.32$132,121
Jun 20251,0487,28566.483.13$92,464
May 20251,77015,71960.553.23$157,982
Apr 20251,75315,29262.363.54$163,498
Mar 20252,44416,84367.704.27$237,350
Feb 20251,58311,23770.884.34$160,981
Jan 20252,45315,99574.324.28$250,744
Dec 20242,18417,07368.993.12$203,965
Nov 20241,99813,05169.052.20$166,654
Oct 20241,3754,68671.372.28$108,824
Sep 20241,2236,15069.612.36$99,674
Aug 20241,3506,03575.632.06$114,555
Jul 20241,4016,37579.932.15$125,666
Jun 20241,0335,78078.082.63$95,881
May 20241,5945,76578.812.20$138,297
Apr 20248873,31484.451.66$80,406
Mar 20241,2733,23480.301.55$107,219
Feb 20241,2663,51376.091.78$102,596
Jan 20249922,49573.023.30$80,664
Dec 20237132,28871.262.61$56,782
Nov 202353784477.892.81$44,197
Oct 20235392,40285.443.09$53,468
Sep 2023052989.042.74$1,447
Aug 2023069380.522.67$1,852
Jul 20231,2563,85574.852.64$104,196
Jun 20239083,46168.962.26$70,432
May 20239142,51670.622.23$70,151
Apr 20231,1043,38178.122.24$93,810
Mar 20231,4243,62972.852.39$112,423
Feb 20239152,73775.112.47$75,474
Jan 20231,4493,41576.533.39$122,461
Dec 20221,0783,24376.415.73$100,949
Nov 20221,2724,36085.005.65$132,737
Oct 20221,4143,82087.185.86$145,672
Sep 20222,3496,81384.888.16$255,002
Aug 20221,2392,45994.529.13$139,554
Jul 20221,4653,398101.587.54$174,443
Jun 20221,2874,515115.097.98$184,138
May 20221,7846,778109.378.43$252,275
Apr 20221,6676,326104.226.84$216,989
Mar 20221,8586,435108.885.08$234,966
Feb 20221,4995,32391.054.86$162,348
Jan 20221,3284,60481.844.54$129,575
Dec 20211,5025,83871.323.90$129,886
Nov 202175153477.435.24$60,946
Oct 20211,6827,00879.795.71$174,250
Sep 20211,3047,12169.865.35$129,201
Aug 20211,3196,37266.024.22$113,974
Jul 20211,4848,18070.783.98$137,611
Jun 20212,6048,03869.493.38$208,125
May 20211,9814,17963.483.02$138,365
Apr 20212,55913,44760.362.76$191,554
Mar 20212,53010,96561.302.72$184,880
Feb 20211,7876,10357.805.55$137,148
Jan 20212,0456,39050.412.81$121,046
Dec 20201,6438,27244.642.68$95,475
Nov 20202,7239,38238.772.71$130,964
Oct 20202,59110,55136.972.48$121,939
Sep 20202,52913,74337.091.99$121,163
Aug 20202,35310,99739.982.39$120,302
Jul 20202,95612,39838.371.83$136,050
Jun 20201,94511,44334.901.69$87,223
May 20201,2502,16116.921.81$25,072
Apr 20203,05610,24814.751.80$63,567
Mar 20202,34911,06330.341.86$91,804
Feb 20202,4599,91449.881.98$142,291
Jan 20202,39711,10657.252.09$160,492
Dec 20192,59413,16259.012.30$183,402
Nov 20192,68112,58455.302.75$182,874
Oct 20195662,28253.472.42$35,783
Sep 20192,6079,87955.052.66$169,767
Aug 20192,3948,70553.112.30$147,205
Jul 20191,4079,38556.272.46$102,260
Jun 20192,71015,68452.782.49$182,106
May 20191,89210,20758.482.74$138,615
Apr 20198545,35762.632.75$68,222
Mar 20192,99115,20456.803.06$216,445
Feb 20192,31513,15650.852.79$154,452
Jan 20192,24612,05446.033.23$142,296
Dec 20182,34425,37046.594.19$215,392
Nov 20183,51718,02852.934.24$262,544
Oct 20182,67913,75761.443.40$211,345
Sep 20184,03320,71859.543.11$304,516
Aug 20183,26918,44959.403.07$250,754
Jul 20183,70618,31365.142.93$295,100
Jun 20181,87112,96860.183.08$152,498
May 20183,83420,54365.382.90$310,258
Apr 20183,14111,41663.842.90$233,637
Mar 20183,23713,51561.222.79$235,833
Feb 20182,35113,40061.782.77$182,311
Jan 20182,84314,40362.874.01$236,486
Dec 20173,57417,60957.272.92$256,128
Nov 20173,16317,62955.423.12$230,267
Oct 20173,68020,24649.292.98$241,795
Sep 20173,54420,89847.523.09$232,929
Aug 20173,53019,91345.373.00$219,983
Jul 20173,69922,46043.873.09$231,615
Jun 20173,47023,25542.493.09$219,235
May 20174,01326,59245.373.26$268,850
Apr 20174,64527,14047.933.21$309,798
Mar 20174,07225,31546.772.98$265,979
Feb 20173,34617,63950.452.95$220,887
Jan 20174,13819,10649.413.42$269,778
Dec 20164,32319,38248.763.72$282,945
Nov 20164,45617,50842.492.64$235,633
Oct 20164,77430,75946.193.09$315,564
Sep 20164,99726,55141.553.10$289,950
Aug 20165,35329,88941.442.92$309,234
Jul 20164,95631,12041.622.92$297,274
Jun 20165,52931,27545.352.69$334,739
May 20165,71131,11342.521.99$304,779
Apr 20166,24130,59636.561.99$289,089
Mar 20166,87834,89033.011.79$289,636
Feb 20166,87228,82826.472.06$241,392
Jan 20166,71430,79927.352.36$256,448
Dec 20157,28212,47732.362.00$260,617
Nov 20158,09830,10638.792.17$379,371
Oct 20159,85629,16743.552.43$500,005
Sep 20158,92933,19242.992.76$475,415
Aug 201510,31737,26840.162.87$521,383
Jul 201511,62142,18948.152.95$683,801
Jun 201513,32136,40056.152.88$852,910
May 201513,14047,44955.212.96$865,693
Apr 201513,14746,71349.822.71$781,416
Mar 201515,84753,15642.892.93$835,675
Feb 201514,52833,45344.662.98$748,383
Jan 201517,68666,64843.433.10$974,754
Dec 201420,65676,63054.693.59$1,404,883
Nov 20148,97140,07070.464.25$802,468

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           896 bbl  × $106.41 =    $95,343
Gas               10,190 Mcf  × $  3.05 =    $31,037

────────────────────────────────────────────────────
Month total                                 $126,380

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/277813 is the state's own key, not one this site invented.