STATE POGO 57-T2-4

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 278216District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.6 M
Oct 2014 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
140
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 Gas112016-12-06217823
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
CondensateDisposition336,976 bbl$19,011,749
GasProduction1,646,539 Mcf$5,589,314
Total$24,601,063

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 31.8692, -103.9683. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86922, -103.96830 · 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
9,776 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 9,776 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-389343251H9,776 ftOct 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 (140)

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

140 months

May 20261,2226,112106.413.05$148,649
Apr 20261,4456,33298.932.87$161,125
Mar 20267026,72589.753.15$84,184
Feb 20261,0604,28863.503.75$83,391
Jan 20261,5936,17659.138.00$143,589
Dec 20251,6626,23456.664.41$121,682
Nov 20251,4945,14758.593.93$107,743
Oct 20251,6635,48559.383.30$116,876
Sep 20251,7647,18662.743.08$132,784
Aug 20251,8667,44663.933.01$141,741
Jul 20252,2556,81066.743.32$173,075
Jun 20251,7767,62866.483.13$141,934
May 20252,4188,99660.553.23$175,488
Apr 20253,33913,95062.363.54$257,647
Mar 20257,58931,75467.704.27$649,312
Feb 20251,74913,30370.884.34$181,715
Jan 20255673,70974.324.28$58,009
Dec 20246075,01168.993.12$57,518
Nov 20249325,31969.052.20$76,048
Oct 20241,1186,51271.372.28$94,648
Sep 20247475,65369.612.36$65,364
Aug 20248965,56275.632.06$79,242
Jul 20241,0716,55879.932.15$99,682
Jun 20247745,20278.082.63$74,136
May 20241,0855,53978.812.20$97,686
Apr 20249904,91084.451.66$91,752
Mar 20241,1216,19280.301.55$99,584
Feb 20241,1956,27976.091.78$102,127
Jan 20241,3175,65473.023.30$114,812
Dec 20231,3645,09871.262.61$110,508
Nov 20231,2964,97377.892.81$114,907
Oct 20231,2765,87385.443.09$127,153
Sep 20231,2416,10389.042.74$127,191
Aug 20231,2968,12780.522.67$126,076
Jul 20239205,01774.852.64$82,116
Jun 20238974,99768.962.26$73,143
May 20231,0895,12770.622.23$88,325
Apr 20231,0955,10978.122.24$96,974
Mar 20231,6155,47972.852.39$130,765
Feb 20235475,53175.112.47$54,723
Jan 20231,34613,44976.533.39$148,571
Dec 20221,29713,12976.415.73$174,321
Nov 202275412,74585.005.65$136,051
Oct 20221,11613,96887.185.86$179,198
Sep 20221,06613,95084.888.16$204,365
Aug 20221,22714,31094.529.13$246,586
Jul 20221,27213,610101.587.54$231,857
Jun 20221,47713,701115.097.98$279,284
May 20225588,786109.378.43$135,121
Apr 20221,86511,393104.226.84$272,271
Mar 20221,50812,054108.885.08$225,382
Feb 20221,07512,26691.054.86$157,477
Jan 20227788,12381.844.54$100,531
Dec 20212,0987,99071.323.90$180,783
Nov 20211,9775,66277.435.24$182,730
Oct 20211,8597,71179.795.71$192,389
Sep 20211,6966,49669.865.35$153,242
Aug 20211,1735,68666.024.22$101,440
Jul 20211,4636,95270.783.98$131,235
Jun 20211,7156,79469.493.38$142,143
May 20211,59313,43763.483.02$141,672
Apr 20211,79014,69460.362.76$148,577
Mar 20212,01917,58561.302.72$171,542
Feb 20215879,17657.805.55$84,837
Jan 20212,14710,28950.412.81$137,145
Dec 20201,2314,14344.642.68$66,036
Nov 20201,4326,74438.772.71$73,772
Oct 20204923,11336.972.48$25,905
Sep 20202821,90837.091.99$14,258
Aug 20204821,22139.982.39$22,183
Jul 20205651,52038.371.83$24,453
Jun 20206211,12234.901.69$23,569
May 202012820116.921.81$2,531
Apr 20207603,44714.751.80$17,430
Mar 20204602,49830.341.86$18,593
Feb 20204732,92149.881.98$29,379
Jan 20201951,29657.252.09$13,879
Dec 201915094859.012.30$11,036
Nov 20193663,03655.302.75$28,591
Oct 20193122,99053.472.42$23,914
Sep 201915562755.052.66$10,199
Aug 20191,2468,83253.112.30$86,527
Jul 2019267,96156.272.46$21,048
Jun 2019294,78752.782.49$13,456
May 2019287,38858.482.74$21,883
Apr 2019259,64562.632.75$28,096
Mar 20192599456.803.06$4,464
Feb 20192389450.852.79$3,666
Jan 2019253646.033.23$1,267
Dec 2018262,55846.594.19$11,918
Nov 20182713,40352.934.24$58,221
Oct 20181895,88261.443.40$31,600
Sep 20180059.543.11$0
Aug 20181,8097,93459.403.07$131,785
Jul 20180065.142.93$0
Jun 20181,1293,30060.183.08$78,097
May 20182,58213,31065.382.90$207,421
Apr 20181,86613,15963.842.90$157,297
Mar 20182,14110,19361.222.79$159,478
Feb 20182,85613,58061.782.77$214,008
Jan 20182,53016,91762.874.01$226,887
Dec 20171,8567,89757.272.92$129,364
Nov 20172,53012,57455.423.12$179,423
Oct 20171,85714,14949.292.98$133,748
Sep 20172,21712,61547.523.09$144,298
Aug 20172,97115,43045.373.00$181,152
Jul 20172,56915,18043.873.09$159,567
Jun 20172,52913,34442.493.09$148,654
May 20172,36714,40945.373.26$154,413
Apr 20172,74714,80547.933.21$179,211
Mar 20173,53513,64846.772.98$206,053
Feb 20174,59119,63850.452.95$289,599
Jan 20173,91414,09649.413.42$241,582
Dec 20162,00813,21248.763.72$147,096
Nov 20163,41316,77842.492.64$189,385
Oct 20163,60017,77546.193.09$221,213
Sep 20163,34715,66341.553.10$187,633
Aug 20163,57019,19241.442.92$204,065
Jul 20163,72819,32141.622.92$211,661
Jun 20163,86319,92245.352.69$228,694
May 20164,28624,11742.521.99$230,259
Apr 20164,27627,44536.561.99$210,975
Mar 20164,78229,85333.011.79$211,410
Feb 20164,57216,97426.472.06$156,049
Jan 20166,27518,46827.352.36$215,286
Dec 20153,57016,29932.362.00$148,146
Nov 20155,06320,67138.792.17$241,195
Oct 20156,65424,74043.552.43$349,815
Sep 20154,94322,61542.992.76$274,881
Aug 20156,43225,59940.162.87$331,842
Jul 20157,28125,38848.152.95$425,350
Jun 20158,27629,04356.152.88$548,424
May 20159,43237,10355.212.96$630,397
Apr 201510,57248,17749.822.71$657,091
Mar 201511,87536,11142.892.93$615,294
Feb 20159,69330,52744.662.98$523,744
Jan 201510,77741,69643.433.10$597,329
Dec 201410,99533,41254.693.59$721,311
Nov 201417,73059,17470.464.25$1,500,854
Oct 201413,48559,90978.303.90$1,289,578

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         1,222 bbl  × $106.41 =   $130,033
Gas                6,112 Mcf  × $  3.05 =    $18,616

────────────────────────────────────────────────────
Month total                                 $148,649

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/278216 is the state's own key, not one this site invented.