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JR 56-T3-26

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 279167District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.9 M
Nov 2015 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
127
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 Gas112016-12-06218271
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
CondensateDisposition402,463 bbl$21,509,464
GasProduction1,701,746 Mcf$5,421,487
Total$26,930,951

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 31.6800, -103.8735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67995, -103.87352 · 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
10,454 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 10,454 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-389349541H10,454 ftNov 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 (127)

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

127 months

May 20261,4049,490106.413.05$178,305
Apr 20261,4278,43698.932.87$165,382
Mar 20261,4318,34489.753.15$154,711
Feb 20261,7988,74063.503.75$146,951
Jan 20269106,13759.138.00$102,892
Dec 20251,63110,08256.664.41$136,908
Nov 20251,6608,92458.593.93$132,299
Oct 20251,6039,30159.383.30$125,924
Sep 20251,1616,76762.743.08$93,663
Aug 20251,4117,16163.933.01$111,794
Jul 20258822,74266.743.32$67,955
Jun 20251,4186,93366.483.13$115,960
May 20251,5987,51960.553.23$121,063
Apr 20251,6436,95862.363.54$127,111
Mar 20251,8399,25067.704.27$163,982
Feb 20251,8018,40070.884.34$164,118
Jan 20252,0018,99774.324.28$187,210
Dec 20242,16310,61768.993.12$182,365
Nov 20241,8018,93369.052.20$143,998
Oct 20241,6025,93071.372.28$127,863
Sep 20242,1408,91269.612.36$170,037
Aug 20241,7639,54975.632.06$153,041
Jul 20242,1189,50579.932.15$189,695
Jun 20241,5867,00378.082.63$142,281
May 20241,7687,52778.812.20$155,884
Apr 20241,9627,14184.451.66$177,539
Mar 20242,1169,22580.301.55$184,169
Feb 20241,9727,35376.091.78$163,165
Jan 2024059973.023.30$1,975
Dec 20231,0823,47171.262.61$86,165
Nov 20231,9857,68977.892.81$176,199
Oct 20232,1438,70485.443.09$209,970
Sep 20231,9519,38089.042.74$199,372
Aug 20232,63211,87380.522.67$243,664
Jul 20231,7709,90874.852.64$158,659
Jun 20231,9518,44768.962.26$153,618
May 20231,9566,76170.622.23$153,192
Apr 20231,6076,80478.122.24$140,765
Mar 20232,2278,44872.852.39$182,454
Feb 20231,9967,13675.112.47$167,515
Jan 20231,9817,75776.533.39$177,884
Dec 20221,8035,47176.415.73$169,111
Nov 20221,4365,58585.005.65$153,594
Oct 20221,96710,14887.185.86$230,989
Sep 20222,31012,51184.888.16$298,209
Aug 20222,28213,57394.529.13$339,578
Jul 20222,12113,936101.587.54$320,558
Jun 20221,77710,985115.097.98$292,144
May 20222,12013,701109.378.43$347,405
Apr 20221,96110,473104.226.84$275,986
Mar 20221,97913,826108.885.08$285,660
Feb 20222,33912,57691.054.86$274,071
Jan 20222,69212,74081.844.54$278,123
Dec 20211,82511,80171.323.90$176,173
Nov 20212,4999,90277.435.24$245,353
Oct 20212,31213,37479.795.71$260,892
Sep 20213,18016,54469.865.35$310,680
Aug 20213,04116,43966.024.22$270,149
Jul 20212,98615,30770.783.98$272,303
Jun 20212,48913,11169.493.38$217,284
May 20211,7786,64563.483.02$132,920
Apr 20212,69110,14160.362.76$190,402
Mar 20212,1356,59361.302.72$148,788
Feb 20212,0867,70857.805.55$163,334
Jan 20211,6547,53550.412.81$104,554
Dec 20201,6645,70544.642.68$89,544
Nov 20202,2619,75338.772.71$114,056
Oct 202051177236.972.48$20,805
Sep 20203781,35037.091.99$16,708
Aug 20201,2674,95139.982.39$62,463
Jul 20203,04316,64738.371.83$147,143
Jun 20202,69115,24534.901.69$119,685
May 20201,3997,73816.921.81$37,714
Apr 20202,4727,58814.751.80$50,154
Mar 20202,23510,02530.341.86$86,419
Feb 20202,8139,23649.881.98$158,606
Jan 20201,8305,36857.252.09$116,012
Dec 20192,3968,86759.012.30$161,821
Nov 20192,6088,92955.302.75$168,783
Oct 20192,2638,27053.472.42$141,004
Sep 20192,5788,25755.052.66$163,860
Aug 20192,87413,29253.112.30$183,268
Jul 20191,4475,24456.272.46$94,323
Jun 20192,9017,47152.782.49$171,727
May 2019024058.482.74$658
Apr 20198881,75862.632.75$60,451
Mar 20199164,56756.803.06$66,013
Feb 20192,49412,01350.852.79$160,363
Jan 20192,92510,45846.033.23$168,398
Dec 20183,61213,58246.594.19$225,130
Nov 20182,2446,36452.934.24$145,741
Oct 20182,5687,41661.443.40$182,978
Sep 20182,78816,08859.543.11$215,999
Aug 20182,94913,10759.403.07$215,364
Jul 20183,74512,11165.142.93$279,457
Jun 20183,76915,48660.183.08$274,468
May 20184,05019,15165.382.90$320,342
Apr 20182,4339,22463.842.90$182,080
Mar 20183,56119,89761.222.79$273,454
Feb 20183,12212,82961.782.77$228,364
Jan 20182,08310,76662.874.01$174,123
Dec 20173,25915,88357.272.92$233,045
Nov 20174,47419,60955.423.12$309,097
Oct 20174,29525,52949.292.98$287,871
Sep 20174,05023,91747.523.09$266,294
Aug 20174,81727,51945.373.00$301,225
Jul 20174,23025,55043.873.09$264,450
Jun 20175,32028,12942.493.09$312,889
May 20175,29931,26145.373.26$342,433
Apr 20176,27931,60647.933.21$402,458
Mar 20175,93427,70646.772.98$360,199
Feb 20173,3788,75150.452.95$196,258
Jan 20173781,54749.413.42$23,966
Dec 20164,32322,51448.763.72$294,605
Nov 20166,07226,71642.492.64$328,646
Oct 20166,99733,29946.193.09$426,094
Sep 20165,71226,32541.553.10$318,958
Aug 20167,53932,82141.442.92$408,396
Jul 20167,70936,48441.622.92$427,540
Jun 20168,05733,89345.352.69$456,416
May 20168,40240,51842.521.99$437,926
Apr 20169,81040,12836.561.99$438,550
Mar 201613,38752,79533.011.79$536,620
Feb 201614,20647,90926.472.06$474,899
Jan 201615,89341,21627.352.36$532,123
Dec 201521,62741,17632.362.00$782,260
Nov 201513,88525,70238.792.17$594,304

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         1,404 bbl  × $106.41 =   $149,400
Gas                9,490 Mcf  × $  3.05 =    $28,905

────────────────────────────────────────────────────
Month total                                 $178,305

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/279167 is the state's own key, not one this site invented.