STATE ROY KIMSEY 56-T2-46

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 278120District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.3 M
Mar 2015 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
135
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 Gas112016-12-06217878
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
CondensateDisposition334,706 bbl$17,996,329
GasProduction2,046,141 Mcf$6,337,950
Total$24,334,279

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 31.7812, -103.8542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78118, -103.85424 · 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
10,619 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 10,619 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-389345711H10,619 ftMar 2015

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 (135)

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

135 months

May 20265316,583106.413.05$76,554
Apr 20261,42813,15998.932.87$179,035
Mar 20261,07013,65989.753.15$139,051
Feb 202688710,35663.503.75$95,163
Jan 20261,07412,95159.138.00$167,087
Dec 202572412,06856.664.41$94,282
Nov 20251,25512,81558.593.93$123,848
Oct 20251,06913,55459.383.30$108,271
Sep 20251,24213,79562.743.08$120,369
Aug 20251,06314,47963.933.01$111,608
Jul 20251,41814,11866.743.32$141,441
Jun 20251,04513,11866.483.13$110,514
May 20251,24614,75960.553.23$123,151
Apr 20251,66614,92562.363.54$156,773
Mar 20251,43515,96867.704.27$165,306
Feb 20251,08013,71170.884.34$136,068
Jan 20251,43316,29874.324.28$176,234
Dec 20241,45215,20768.993.12$147,640
Nov 20241,51415,08369.052.20$137,701
Oct 20241,43514,36571.372.28$135,188
Sep 20241,42415,37969.612.36$135,486
Aug 20241,41416,02875.632.06$140,017
Jul 20241,41314,91679.932.15$144,960
Jun 20241,36513,36278.082.63$141,774
May 20241,77116,47278.812.20$175,785
Apr 20241,42815,60884.451.66$146,491
Mar 20241,97618,36280.301.55$187,044
Feb 20241,79515,33276.091.78$163,928
Jan 20241,78114,45573.023.30$177,716
Dec 20231,54514,29671.262.61$147,420
Nov 20231,44013,36077.892.81$149,671
Oct 20233,00823,09385.443.09$328,298
Sep 20232,65623,60589.042.74$301,051
Aug 20231,57115,04980.522.67$166,721
Jul 20231,21311,42574.852.64$120,976
Jun 20238839,76668.962.26$82,948
May 20231,23210,13270.622.23$109,572
Apr 20237138,05378.122.24$73,720
Mar 20232,5119,43672.852.39$205,508
Feb 20239007,70575.112.47$86,597
Jan 20239028,27276.533.39$97,053
Dec 20229046,06676.415.73$103,827
Nov 20228978,85685.005.65$126,248
Oct 20221,07411,02787.185.86$158,291
Sep 20221,0628,94784.888.16$163,183
Aug 20221,2369,52294.529.13$203,736
Jul 20221,04910,292101.587.54$184,181
Jun 20221,0589,031115.097.98$193,807
May 20227097,822109.378.43$143,507
Apr 20221,2389,425104.226.84$193,469
Mar 20221,08211,707108.885.08$177,238
Feb 20229029,74591.054.86$129,477
Jan 20229079,68881.844.54$118,190
Dec 202189111,25771.323.90$107,439
Nov 20211,43711,36277.435.24$170,768
Oct 20211,07211,54179.795.71$151,479
Sep 20211,41011,64169.865.35$160,793
Aug 20211,57912,08466.024.22$155,247
Jul 20211,57411,73170.783.98$158,122
Jun 20211,23610,47369.493.38$121,295
May 20211,58411,65663.483.02$135,726
Apr 20211,76311,59060.362.76$138,385
Mar 20211,25610,11761.302.72$104,480
Feb 20219128,13057.805.55$97,818
Jan 20211,80312,55150.412.81$126,161
Dec 20206729,94444.642.68$56,603
Nov 20201,66711,49638.772.71$95,744
Oct 20201,58112,41236.972.48$89,212
Sep 20201,39812,56337.091.99$76,865
Aug 20201,63113,82239.982.39$98,174
Jul 20201,92813,16838.371.83$98,011
Jun 20201,91812,96434.901.69$88,851
May 20202,09112,77416.921.81$58,561
Apr 20201,24611,87314.751.80$39,802
Mar 20203587,44930.341.86$24,689
Feb 20208997,99449.881.98$60,676
Jan 20203773,77957.252.09$29,499
Dec 20195356,66559.012.30$46,929
Nov 20192,83616,98755.302.75$203,557
Oct 20192,10812,01953.472.42$141,783
Sep 20191,0089,03155.052.66$79,488
Aug 20194,33212,77453.112.30$259,508
Jul 20195211,93156.272.46$34,067
Jun 20191,8939,96252.782.49$124,730
May 20191,9149,66658.482.74$138,419
Apr 20191,7507,25562.632.75$129,559
Mar 20191,2017,45456.803.06$91,042
Feb 20191,0725,80550.852.79$70,720
Jan 20192,14510,23046.033.23$131,759
Dec 20181,7679,66446.594.19$122,773
Nov 20187205,53952.934.24$61,580
Oct 20181,98910,91861.443.40$159,304
Sep 20188188,83859.543.11$76,172
Aug 20181,4508,87259.403.07$113,337
Jul 201853010,10565.142.93$64,151
Jun 201855913,26060.183.08$74,441
May 201889914,98965.382.90$102,257
Apr 20181,83010,92363.842.90$148,513
Mar 20181,43415,25361.222.79$130,297
Feb 20183,17117,24561.782.77$243,606
Jan 20185,33421,58262.874.01$421,878
Dec 201792214,80057.272.92$96,041
Nov 20172,75514,35255.423.12$197,437
Oct 20179144,46749.292.98$58,379
Sep 20173,08517,05447.523.09$199,250
Aug 20172,03310,74745.373.00$124,526
Jul 20173,19019,10643.873.09$198,931
Jun 20173,20715,40042.493.09$183,810
May 20173,25016,70845.373.26$201,977
Apr 20173,44617,19447.933.21$220,387
Mar 20174,17918,28746.772.98$250,014
Feb 20172,54412,03450.452.95$163,876
Jan 20173,85714,18549.413.42$239,070
Dec 20163,26221,72948.763.72$239,948
Nov 20164,21621,85242.492.64$236,922
Oct 20163,97121,00046.193.09$248,316
Sep 20163,91218,41341.553.10$219,636
Aug 20164,19919,30541.442.92$230,461
Jul 20164,79525,13041.622.92$273,057
Jun 20164,08825,33645.352.69$253,439
May 20164,28523,32242.521.99$228,633
Apr 20164,77826,42536.561.99$227,297
Mar 20165,74326,50433.011.79$237,125
Feb 20164,87715,83826.472.06$161,778
Jan 20165,90426,41427.352.36$223,927
Dec 20155,75525,11132.362.00$236,489
Nov 20157,05340,53838.792.17$361,445
Oct 20157,63935,26143.552.43$418,242
Sep 20157,93533,06942.992.76$432,344
Aug 20158,92330,87940.162.87$447,047
Jul 201511,85239,84048.152.95$688,006
Jun 201512,24639,41956.152.88$801,252
May 201515,35941,97255.212.96$972,017
Apr 201519,39387,59449.822.71$1,203,239
Mar 20157,91428,31342.892.93$422,522

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           531 bbl  × $106.41 =    $56,504
Gas                6,583 Mcf  × $  3.05 =    $20,051

────────────────────────────────────────────────────
Month total                                  $76,554

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/278120 is the state's own key, not one this site invented.