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STATE RUSH 57-T2-18

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 278123District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.5 M
Jan 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
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 Gas112016-12-06217879
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
CondensateDisposition335,384 bbl$17,036,069
GasProduction1,500,788 Mcf$4,416,154
Total$21,452,224

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 31.8400, -103.9964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84002, -103.99636 · 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
9,592 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 9,592 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-389345421H9,592 ftJan 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 (137)

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

137 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20242069.052.20$138
Oct 2024424871.372.28$3,107
Sep 20247938769.612.36$6,414
Aug 202461475.632.06$483
Jul 20240079.932.15$0
Jun 20241078.082.63$78
May 2024602778.812.20$4,788
Apr 20245052,08284.451.66$46,102
Mar 20241,5227,55280.301.55$133,885
Feb 20241,5277,77676.091.78$130,059
Jan 20241,7076,94173.023.30$147,534
Dec 20238202,89571.262.61$65,991
Nov 20230077.892.81$0
Oct 202362085.443.09$5,297
Sep 20234561,91489.042.74$45,837
Aug 20239484,07880.522.67$87,233
Jul 20235533,12274.852.64$49,640
Jun 20238915,29268.962.26$73,395
May 20231,2726,54470.622.23$104,405
Apr 20231,2957,35478.122.24$117,622
Mar 20237899,04372.852.39$79,120
Feb 20231,5038,62675.112.47$134,159
Jan 20231,8489,92776.533.39$175,057
Dec 20221,0566,44876.415.73$117,630
Nov 202245185.005.65$3,831
Oct 20224271,48887.185.86$45,951
Sep 20221,9279,68584.888.16$242,629
Aug 20221,5327,30894.529.13$211,506
Jul 20221,5298,318101.587.54$218,051
Jun 2022263212115.097.98$31,960
May 20223,1153,299109.378.43$368,508
Apr 20222,5003,584104.226.84$285,056
Mar 20226762,149108.885.08$84,512
Feb 20221,3301,72091.054.86$129,454
Jan 20228812,04681.844.54$81,385
Dec 20211,9282,64871.323.90$147,830
Nov 20217812,48977.435.24$73,507
Oct 20217772,80479.795.71$78,019
Sep 20212,7702,13469.865.35$204,931
Aug 20211,8023,06166.024.22$131,887
Jul 20217992,35970.783.98$65,947
Jun 20217433,00669.493.38$61,793
May 20216663,33663.483.02$52,345
Apr 20212,1247,20260.362.76$148,071
Mar 20211,4516,47661.302.72$106,541
Feb 20211,2154,98357.805.55$97,872
Jan 20211,6076,84650.412.81$100,248
Dec 20209664,95944.642.68$56,390
Nov 20201,7874,87438.772.71$82,474
Oct 20201,7751,78036.972.48$70,033
Sep 20201,6674,00437.091.99$69,801
Aug 20201,3805,51539.982.39$68,326
Jul 20202,3105,14838.371.83$98,030
Jun 20202,4189,57734.901.69$100,576
May 20201,9562,86916.921.81$38,302
Apr 20201,6555,23814.751.80$33,863
Mar 20202,3038,04130.341.86$84,799
Feb 202081217,63249.881.98$75,426
Jan 20201057.252.09$57
Dec 20190059.012.30$0
Nov 20197855,14655.302.75$57,566
Oct 20191,90211,21953.472.42$128,834
Sep 20192,46213,86555.052.66$172,376
Aug 20192,77513,64253.112.30$178,816
Jul 20191,9987,78756.272.46$131,584
Jun 20192,8008,79852.782.49$169,702
May 20195642,90158.482.74$40,932
Apr 20190062.632.75$0
Mar 20191,4206,49256.803.06$100,535
Feb 20192,08910,95050.852.79$136,800
Jan 20192,8996,90346.033.23$155,725
Dec 20184976,66046.594.19$51,030
Nov 20185802,75152.934.24$42,356
Oct 20181,76814,77161.443.40$158,819
Sep 20189526,89959.543.11$78,124
Aug 20182,60413,16359.403.07$195,043
Jul 20182,26715,44765.142.93$192,961
Jun 20181,69510,89860.183.08$135,537
May 20183,19011,84565.382.90$242,922
Apr 20182,82011,50463.842.90$213,400
Mar 20181,92912,70561.222.79$153,500
Feb 20182,79011,26961.782.77$203,538
Jan 20182,50112,66762.874.01$208,024
Dec 20173,02113,88657.272.92$213,581
Nov 20172,77714,59855.423.12$199,423
Oct 20172,41114,16449.292.98$161,099
Sep 20172,77313,81347.523.09$174,418
Aug 20172,60114,75945.373.00$162,349
Jul 20172,78014,45943.873.09$166,598
Jun 20172,95714,23342.493.09$169,584
May 20172,58215,39245.373.26$167,376
Apr 20173,16014,88747.933.21$199,270
Mar 20173,11815,00946.772.98$190,611
Feb 20172,56313,43950.452.95$168,983
Jan 20173,34816,11149.413.42$220,505
Dec 20163,75714,04148.763.72$235,464
Nov 20162,90715,52342.492.64$164,567
Oct 20164,12073,24746.193.09$416,655
Sep 20163,54117,86641.553.10$202,524
Aug 20164,41721,05841.442.92$244,621
Jul 20163,84119,59741.622.92$217,171
Jun 20164,03019,21545.352.69$234,369
May 20165,75824,22142.521.99$293,055
Apr 20164,59420,72436.561.99$209,219
Mar 20166,00825,40733.011.79$243,904
Feb 20165,91720,49026.472.06$198,907
Jan 20166,00424,47427.352.36$222,075
Dec 20156,43719,29932.362.00$246,927
Nov 20156,44019,69638.792.17$292,495
Oct 20157,71632,30443.552.43$414,420
Sep 20158,59334,34342.992.76$464,145
Aug 20158,26238,20540.162.87$441,545
Jul 201512,29845,42748.152.95$725,935
Jun 201515,68447,92456.152.88$1,018,815
May 201515,51647,85455.212.96$998,068
Apr 201521,26280,56149.822.71$1,277,317
Mar 201521,189140,79942.892.93$1,322,000
Feb 201510,32235,70744.662.98$567,251
Jan 20152,53122,91343.433.10$180,966

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.

Nov 2024 — as filed, then multipliedworked
Condensate             2 bbl  × $ 69.05 =       $138
Gas                    0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                     $138

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/278123 is the state's own key, not one this site invented.