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DARCY STATE 56-T3-22

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 278241District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.2 M
Apr 2015 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
134
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 Gas112016-12-06217861
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
CondensateDisposition402,301 bbl$22,253,076
GasProduction1,939,660 Mcf$5,958,931
Total$28,212,006

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 31.7083, -103.8888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70833, -103.88876 · 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
10,359 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 10,359 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-389346101H10,359 ftApr 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 (134)

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

134 months

May 20261,0798,340106.413.05$140,219
Apr 20261,2837,36998.932.87$148,074
Mar 20261,1068,00489.753.15$124,472
Feb 20267206,89563.503.75$71,578
Jan 20261,0725,57959.138.00$108,008
Dec 20259186,37556.664.41$80,149
Nov 20259306,44558.593.93$79,795
Oct 20251,2596,77159.383.30$97,136
Sep 20258946,35762.743.08$75,650
Aug 20251,0976,29363.933.01$89,103
Jul 20251,0686,59166.743.32$93,129
Jun 20257026,59066.483.13$67,287
May 20251,61110,09960.553.23$130,189
Apr 20254,15115,99362.363.54$315,521
Mar 20255,17221,24767.704.27$440,833
Feb 20252,79713,64870.884.34$257,495
Jan 20251,74212,13174.324.28$181,370
Dec 20241,77813,12468.993.12$163,629
Nov 20241,89112,51769.052.20$158,091
Oct 20241,90812,49371.372.28$164,675
Sep 20241,72513,64669.612.36$152,341
Aug 20242,42614,19075.632.06$212,761
Jul 20241,89514,91679.932.15$183,486
Jun 20241,74012,32178.082.63$168,312
May 20242,08014,76978.812.20$196,394
Apr 20242,11813,64984.451.66$201,512
Mar 20242,08514,85080.301.55$190,371
Feb 20242,14515,20576.091.78$190,333
Jan 20243,05415,84073.023.30$275,238
Dec 20232,29916,78771.262.61$207,653
Nov 20232,67515,53977.892.81$251,982
Oct 20232,86618,65185.443.09$302,452
Sep 20233,23619,98889.042.74$342,801
Aug 20232,17214,65180.522.67$214,050
Jul 20231,4188,85574.852.64$129,530
Jun 20231,2338,18868.962.26$103,520
May 20232,13310,55470.622.23$174,140
Apr 20231,4518,69378.122.24$132,805
Mar 20231,7688,20672.852.39$148,437
Feb 20231,4357,21175.112.47$125,563
Jan 20231,4059,53476.533.39$139,823
Dec 20221,7479,20076.415.73$186,196
Nov 20221,0658,89585.005.65$140,748
Oct 20221,58912,28387.185.86$210,554
Sep 20221,94311,10784.888.16$255,596
Aug 20221,78713,94594.529.13$296,185
Jul 20227058,431101.587.54$135,201
Jun 20229148,239115.097.98$170,916
May 20227486,171109.378.43$133,849
Apr 20221,4399,676104.226.84$216,133
Mar 20221,6709,411108.885.08$229,604
Feb 20229287,07591.054.86$118,871
Jan 20221,5197,88581.844.54$160,095
Dec 20211,31311,95271.323.90$140,245
Nov 20211,31510,50677.435.24$156,839
Oct 20211,0588,64279.795.71$133,797
Sep 20212,60714,60369.865.35$260,265
Aug 202137111,34766.024.22$72,384
Jul 20211,42111,30470.783.98$145,592
Jun 20211,68310,01469.493.38$150,805
May 20211,30311,07963.483.02$116,147
Apr 20211,87310,87060.362.76$143,038
Mar 20211,3079,98461.302.72$107,245
Feb 20211,5078,55157.805.55$134,545
Jan 20211,4958,52050.412.81$99,306
Dec 20201,1339,78944.642.68$76,767
Nov 20201,1169,69938.772.71$69,518
Oct 20205537,57636.972.48$39,221
Sep 20201,61210,63437.091.99$80,962
Aug 20202,18312,41039.982.39$116,875
Jul 20201,98911,41438.371.83$97,150
Jun 20201,94310,16734.901.69$84,996
May 20202,19013,36716.921.81$61,313
Apr 20202,20611,76714.751.80$53,771
Mar 20202,06313,77830.341.86$88,167
Feb 20202,20813,59949.881.98$137,070
Jan 20202,48414,75857.252.09$173,123
Dec 20192,41615,05359.012.30$177,256
Nov 20191,94312,51755.302.75$141,878
Oct 20192,48814,72353.472.42$168,642
Sep 20192,43913,16655.052.66$169,253
Aug 20191,62313,18453.112.30$116,578
Jul 20191,09813,37056.272.46$94,675
Jun 20191,4926,01652.782.49$93,735
May 20199634,03658.482.74$67,376
Apr 20191,5176,95362.632.75$114,135
Mar 20192,44712,48156.803.06$177,208
Feb 20191,5569,62750.852.79$106,003
Jan 20193,77417,89046.033.23$231,469
Dec 20182,4757,39846.594.19$146,274
Nov 20182,4897,64852.934.24$164,149
Oct 20181,6687,29161.443.40$127,257
Sep 20183,19313,96759.543.11$233,521
Aug 20182,3087,08759.403.07$158,828
Jul 20182,6957,63765.142.93$197,943
Jun 20183,12911,38960.183.08$223,346
May 20186,49818,98565.382.90$479,911
Apr 20186,07018,77363.842.90$441,966
Mar 20187,86426,84261.222.79$556,238
Feb 20188,55116,06961.782.77$572,730
Jan 20185,3842,67262.874.01$349,205
Dec 20172,0663,13757.272.92$127,485
Nov 20173,88616,41155.423.12$266,538
Oct 20173,51020,20249.292.98$233,284
Sep 20172,98215,96547.523.09$190,993
Aug 20172,7859,00145.373.00$153,398
Jul 20173,12113,81243.873.09$179,560
Jun 20173,59014,37242.493.09$196,909
May 20172,97012,03445.373.26$174,021
Apr 20173,91115,65147.933.21$237,719
Mar 20173,52417,69146.772.98$217,602
Feb 20173,84215,34450.452.95$239,134
Jan 20174,10216,37449.413.42$258,659
Dec 20163,16318,33148.763.72$222,471
Nov 20164,47820,97042.492.64$245,722
Oct 20163,28619,83746.193.09$213,082
Sep 20164,07320,37641.553.10$232,412
Aug 20164,63420,77141.442.92$252,774
Jul 20164,72625,63141.622.92$271,650
Jun 20165,15026,44745.352.69$304,585
May 20165,05725,30242.521.99$265,401
Apr 20165,36029,20036.561.99$254,100
Mar 20166,33928,40633.011.79$260,211
Feb 20165,69122,40026.472.06$196,866
Jan 20166,91430,54927.352.36$261,327
Dec 20157,12022,55232.362.00$275,539
Nov 20158,72433,56138.792.17$411,142
Oct 20159,53433,70143.552.43$496,984
Sep 20158,99235,83042.992.76$485,400
Aug 201510,84055,01440.162.87$593,362
Jul 201517,99658,32148.152.95$1,038,267
Jun 201519,25462,39456.152.88$1,260,985
May 201513,04845,54455.212.96$854,983
Apr 2015292,00349.822.71$6,866

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         1,079 bbl  × $106.41 =   $114,816
Gas                8,340 Mcf  × $  3.05 =    $25,402

────────────────────────────────────────────────────
Month total                                 $140,219

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/278241 is the state's own key, not one this site invented.