JOHNSON ESTATE 57-T1-4

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 278221District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.9 M
Jun 2014 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
144
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 Gas112016-12-06217820
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
CondensateDisposition384,106 bbl$23,990,104
GasProduction1,799,805 Mcf$5,900,904
Total$29,891,007

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 31.9858, -103.9717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98578, -103.97168 · 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
10,068 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 10,068 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-301321211H10,068 ftJun 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 (144)

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

144 months

May 20261,83813,831106.413.05$237,709
Apr 20262,04517,53398.932.87$252,627
Mar 20262,24217,13589.753.15$255,185
Feb 20262,23415,68663.503.75$200,687
Jan 20262,07915,67159.138.00$248,267
Dec 20252,05014,14756.664.41$178,589
Nov 20252,05717,65258.593.93$189,829
Oct 20252,43517,67359.383.30$202,997
Sep 20252,43615,99162.743.08$202,038
Aug 20252,58919,07163.933.01$223,009
Jul 20251,5169,92366.743.32$134,075
Jun 20252,0899,65566.483.13$169,085
May 20251,69710,28960.553.23$136,011
Apr 20252,44612,43662.363.54$196,595
Mar 20251,2967,92067.704.27$121,544
Feb 202549569370.884.34$38,094
Jan 20251,8419,06874.324.28$175,622
Dec 20242,28014,19068.993.12$201,589
Nov 20242,81714,97869.052.20$227,442
Oct 20242,78914,76271.372.28$232,729
Sep 20242,89914,72569.612.36$236,615
Aug 20243,20615,11675.632.06$273,664
Jul 20243,91013,71779.932.15$341,971
Jun 20243,29116,18578.082.63$299,592
May 20243,31016,37478.812.20$296,858
Apr 20242,4009,63884.451.66$218,671
Mar 20245,21222,05380.301.55$452,598
Feb 20242,0905,27476.091.78$168,435
Jan 20241,5573,62173.023.30$125,633
Dec 20231,0644,43671.262.61$87,402
Nov 20232,1446,26677.892.81$184,588
Oct 20231,6404,54385.443.09$154,147
Sep 20231,6764,32089.042.74$161,046
Aug 20237591,04180.522.67$63,897
Jul 2023189374.852.64$14,155
Jun 20230068.962.26$0
May 20235731,40170.622.23$43,586
Apr 2023125578.122.24$649
Mar 20231,6175,83672.852.39$131,765
Feb 20231,7467,61875.112.47$149,926
Jan 20231,1725,97576.533.39$109,935
Dec 20221,6017,50676.415.73$165,335
Nov 20221,4115,79085.005.65$152,627
Oct 20221,6388,75887.185.86$194,156
Sep 20222,32510,17384.888.16$280,395
Aug 20222,1309,66694.529.13$289,551
Jul 20221,0694,748101.587.54$144,399
Jun 20221,6276,777115.097.98$241,313
May 20221,2594,537109.378.43$175,958
Apr 20221,8067,653104.226.84$240,549
Mar 20227471,751108.885.08$90,222
Feb 20221,3135,49491.054.86$146,243
Jan 20222,2698,21281.844.54$222,958
Dec 20211,6957,84571.323.90$151,476
Nov 20211,3135,05777.435.24$128,148
Oct 20211,6936,62979.795.71$172,962
Sep 20211,8427,89269.865.35$170,912
Aug 20211,8476,40266.024.22$148,959
Jul 20212,0048,59770.783.98$176,077
Jun 20212,0548,95069.493.38$172,989
May 20211,5017,03963.483.02$116,525
Apr 20211,8698,13260.362.76$135,244
Mar 20211,1185,23261.302.72$82,748
Feb 20211,1092,73657.805.55$79,279
Jan 20211,4996050.412.81$75,733
Dec 20201861,90744.642.68$13,405
Nov 20205611,36938.772.71$25,455
Oct 20202,42713,56436.972.48$123,344
Sep 20204,17024,92937.091.99$204,300
Aug 20204,35828,08639.982.39$241,221
Jul 20203,40325,11438.371.83$176,409
Jun 20204,00529,20734.901.69$189,143
May 20204,17935,44816.921.81$135,038
Apr 20201,1697,31414.751.80$30,440
Mar 20201,1195,67030.341.86$44,475
Feb 20201,2896,15849.881.98$76,492
Jan 20202,5359,63957.252.09$165,320
Dec 20191,6394,82359.012.30$107,831
Nov 20191,0594,73155.302.75$71,576
Oct 20197563,37953.472.42$48,596
Sep 20191,5066,39955.052.66$99,909
Aug 20192,94612,97953.112.30$186,370
Jul 20197293,87056.272.46$50,541
Jun 20197492,74952.782.49$46,381
May 20195683,55258.482.74$42,950
Apr 20198957,26162.632.75$76,027
Mar 20195675,96456.803.06$50,468
Feb 201904,25850.852.79$11,889
Jan 20197637,32746.033.23$58,774
Dec 20181,00010,67546.594.19$91,270
Nov 20185987,23052.934.24$62,287
Oct 20181,71910,92661.443.40$142,743
Sep 20182,69813,38659.543.11$202,243
Aug 20181,69211,43959.403.07$135,583
Jul 20181,90111,32365.142.93$157,029
Jun 20182,86313,20660.183.08$212,929
May 20182,86614,06065.382.90$228,164
Apr 20182,66110,62563.842.90$200,699
Mar 20183819,74761.222.79$50,488
Feb 20189597,47161.782.77$79,913
Jan 20182,47812,43262.874.01$205,636
Dec 20172,22812,36357.272.92$163,716
Nov 20172,62313,55155.423.12$187,624
Oct 20172,21813,75649.292.98$150,369
Sep 20172,55611,30647.523.09$156,366
Aug 20172,75715,54045.373.00$171,773
Jul 20172,76515,16243.873.09$168,110
Jun 20172,42414,91242.493.09$149,033
May 20173,15816,88245.373.26$198,371
Apr 20173,90118,34147.933.21$245,879
Mar 20172,68716,76846.772.98$175,701
Feb 20174,01614,56350.452.95$245,606
Jan 20179499,72849.413.42$80,148
Dec 20162,24610,12248.763.72$147,197
Nov 20163,20016,42342.492.64$179,396
Oct 20163,35618,54346.193.09$212,316
Sep 20162,91815,14141.553.10$168,190
Aug 20163,62417,78841.442.92$202,197
Jul 20163,22618,54641.622.92$188,501
Jun 20163,21519,44845.352.69$198,034
May 20163,32113,13142.521.99$167,353
Apr 20163,27611,15136.561.99$141,973
Mar 20164,01311,48533.011.79$153,073
Feb 20163,3156,06526.472.06$100,264
Jan 20164,4675,07227.352.36$134,164
Dec 20153,7003,72332.362.00$127,183
Nov 20154,04215,34338.792.17$190,043
Oct 20153,98917,29843.552.43$215,696
Sep 20154,11913,78242.992.76$215,092
Aug 20154,31318,39240.162.87$226,041
Jul 20154,29215,59448.152.95$252,585
Jun 20155,31820,38256.152.88$357,364
May 20154,95621,60955.212.96$337,485
Apr 20155,33519,31649.822.71$318,070
Mar 20155,37122,16242.892.93$295,401
Feb 20155,17815,37444.662.98$277,005
Jan 20155,67120,89643.433.10$311,082
Dec 20147,24026,33454.693.59$490,530
Nov 20145,92528,54870.464.25$538,857
Oct 20149,42036,33478.303.90$879,323
Sep 20146,17226,34686.164.05$638,361
Aug 201412,64552,20289.394.04$1,340,978
Jul 201418,62566,26296.564.18$2,075,379
Jun 201411,47653,56798.164.74$1,380,225

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         1,838 bbl  × $106.41 =   $195,582
Gas               13,831 Mcf  × $  3.05 =    $42,127

────────────────────────────────────────────────────
Month total                                 $237,709

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/278221 is the state's own key, not one this site invented.