STATE DESERT 55-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 278922District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.5 M
Jul 2014 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
143
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.

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
CondensateDisposition410,835 bbl$23,293,157
GasProduction1,618,706 Mcf$5,179,083
Total$28,472,240

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 31.8401, -103.7916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84014, -103.79164 · 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
10,793 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 10,793 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-301322281H10,793 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 (143)

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

143 months

May 20261,9589,293106.413.05$236,656
Apr 20261,5618,81298.932.87$179,718
Mar 20261,95010,28889.753.15$207,414
Feb 20261,7979,58463.503.75$150,053
Jan 20261,77710,39659.138.00$188,220
Dec 20251,98110,43856.664.41$158,310
Nov 20251,4208,52258.593.93$116,659
Oct 20251,9249,37459.383.30$145,227
Sep 20251,7619,11762.743.08$138,537
Aug 20251,7519,17063.933.01$139,587
Jul 20251,7768,39766.743.32$146,368
Jun 20257103,71866.483.13$58,833
May 20251,7698,89860.553.23$135,874
Apr 20251,5928,77162.363.54$130,354
Mar 20252,1449,74467.704.27$186,739
Feb 20251,6337,63970.884.34$148,907
Jan 20251,9788,69474.324.28$184,204
Dec 20242,3149,91968.993.12$190,604
Nov 20242,2269,58269.052.20$174,771
Oct 20242,29510,85371.372.28$188,554
Sep 20242,1359,82369.612.36$171,842
Aug 20242,09010,13375.632.06$178,977
Jul 20242,75210,81979.932.15$243,191
Jun 20242,45511,46278.082.63$221,877
May 20242,80912,67378.812.20$249,238
Apr 20241,6018,31084.451.66$148,992
Mar 20241,4366,95380.301.55$126,054
Feb 20241,8065,98576.091.78$148,094
Jan 20241,8087,14873.023.30$155,592
Dec 20231,6257,14471.262.61$134,448
Nov 20231,7837,30077.892.81$159,373
Oct 20231,7887,62485.443.09$176,304
Sep 20231,4737,06889.042.74$150,487
Aug 20232,0857,36480.522.67$187,567
Jul 20231,0444,86674.852.64$90,998
Jun 20232,1028,16468.962.26$163,392
May 20233,22111,58970.622.23$253,280
Apr 20231,2537,43578.122.24$114,522
Mar 202318188172.852.39$15,294
Feb 20236124,50475.112.47$57,073
Jan 20231,2344,43876.533.39$109,473
Dec 20221,7886,49376.415.73$173,820
Nov 20221,7857,82885.005.65$195,923
Oct 20221,2526,02187.185.86$144,455
Sep 20221,4136,09384.888.16$169,677
Aug 20221,4165,05194.529.13$179,942
Jul 20221,7554,608101.587.54$213,027
Jun 20221,9217,304115.097.98$279,353
May 20221,7688,866109.378.43$268,133
Apr 20222,31110,447104.226.84$312,285
Mar 20221,5868,088108.885.08$213,742
Feb 20221,4367,05591.054.86$165,027
Jan 20221,9938,35681.844.54$201,024
Dec 20211,7949,98071.323.90$166,861
Nov 20211,4406,37377.435.24$144,874
Oct 20211,6008,40879.795.71$175,706
Sep 20211,9368,48169.865.35$180,630
Aug 20211,7599,14266.024.22$154,714
Jul 20212,2459,30070.783.98$195,934
Jun 20211,4088,80569.493.38$127,608
May 20211,8798,94263.483.02$146,263
Apr 20212,1239,63860.362.76$154,730
Mar 20212,2789,70661.302.72$166,012
Feb 20211,2604,10657.805.55$95,608
Jan 20211,2196,75650.412.81$80,436
Dec 20202,2599,27344.642.68$125,651
Nov 20202,3739,75838.772.71$118,412
Oct 20201,9449,18436.972.48$94,632
Sep 20201,6298,46437.091.99$77,272
Aug 20201,9078,49539.982.39$96,503
Jul 20201,79310,74138.371.83$88,401
Jun 20202,1669,93634.901.69$92,388
May 20201,7679,67216.921.81$47,450
Apr 20201,9208,79014.751.80$44,181
Mar 20201,9619,36730.341.86$76,884
Feb 20201,7708,23949.881.98$104,606
Jan 20202,71710,48857.252.09$177,518
Dec 20192,15410,37559.012.30$151,015
Nov 20192,44310,69855.302.75$164,525
Oct 20192,76811,79753.472.42$176,536
Sep 20192,47911,59355.052.66$167,275
Aug 20192,59911,94853.112.30$165,565
Jul 20192,3729,75256.272.46$157,463
Jun 20193,0649,97052.782.49$186,555
May 20191,6967,40158.482.74$119,463
Apr 20191,99212,86362.632.75$160,141
Mar 20198385,35256.803.06$63,987
Feb 20192,2967,27450.852.79$137,062
Jan 20192,69212,79746.033.23$165,224
Dec 20182,50410,64946.594.19$161,232
Nov 20182,1559,38052.934.24$153,809
Oct 20181,6196,08161.443.40$120,135
Sep 20182,70711,17659.543.11$195,910
Aug 20182,4899,61659.403.07$177,335
Jul 20181,9828,51465.142.93$154,070
Jun 20182,2989,38160.183.08$167,158
May 20182,73610,99965.382.90$210,786
Apr 20182,6089,63563.842.90$194,444
Mar 20183,54612,48061.222.79$251,866
Feb 20181,8989,71361.782.77$144,126
Jan 20182,7369,46262.874.01$209,949
Dec 20171,4719,66457.272.92$112,478
Nov 20172,9988,29255.423.12$192,007
Oct 20179947,37549.292.98$70,999
Sep 20172,78612,66847.523.09$171,500
Aug 20173,10714,73845.373.00$185,243
Jul 20173,37214,72243.873.09$193,381
Jun 20172,52813,28642.493.09$148,432
May 20173,23713,39945.373.26$190,589
Apr 20173,08613,97147.933.21$192,781
Mar 20173,30113,54646.772.98$194,805
Feb 20172,59520,60550.452.95$191,756
Jan 20173,1073,57349.413.42$165,732
Dec 20161,85011,65148.763.72$133,581
Nov 20163,08312,48742.492.64$164,017
Oct 20163,43113,05246.193.09$198,812
Sep 20163,33113,64941.553.10$180,724
Aug 20163,59213,98741.442.92$189,755
Jul 20163,74815,48741.622.92$201,281
Jun 20163,83014,15845.352.69$211,716
May 20163,64314,92142.521.99$184,609
Apr 20163,99715,04836.561.99$176,091
Mar 20165,16517,25433.011.79$201,451
Feb 20163,68411,62726.472.06$121,509
Jan 20165,53815,55427.352.36$188,240
Dec 20155,13016,90432.362.00$199,839
Nov 20155,89217,01538.792.17$265,428
Oct 20155,98718,79943.552.43$306,351
Sep 20156,06715,80542.992.76$304,417
Aug 20156,41415,88640.162.87$303,219
Jul 20157,10811,53848.152.95$376,231
Jun 20158,99918,38156.152.88$558,284
May 20157,56926,82355.212.96$497,159
Apr 20158,67128,52349.822.71$509,189
Mar 201511,88740,92442.892.93$629,934
Feb 20159,79128,58944.662.98$522,352
Jan 201512,30943,26043.433.10$668,713
Dec 201414,44753,04554.693.59$980,610
Nov 201423,14773,41770.464.25$1,943,095
Oct 20144,09115,03178.303.90$378,961
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0

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         1,958 bbl  × $106.41 =   $208,351
Gas                9,293 Mcf  × $  3.05 =    $28,305

────────────────────────────────────────────────────
Month total                                 $236,656

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/278922 is the state's own key, not one this site invented.