STATE MINT 57-T3-16

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 279256District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.4 M
Nov 2015 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
127
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 Gas112016-12-06218272
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
CondensateDisposition260,882 bbl$13,410,718
GasProduction1,869,925 Mcf$5,945,979
Total$19,356,697

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 31.7374, -103.9736. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73742, -103.97361 · 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
10,006 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 10,006 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-389348511H10,006 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 20268917,113106.413.05$116,476
Apr 20266675,89998.932.87$82,915
Mar 20268297,78889.753.15$98,931
Feb 20266656,65363.503.75$67,178
Jan 20266534,56659.138.00$75,130
Dec 20254606,62456.664.41$55,298
Nov 202585614,18858.593.93$105,861
Oct 202579612,05259.383.30$87,096
Sep 202582611,31862.743.08$86,648
Aug 202584312,86363.933.01$92,672
Jul 202585411,61166.743.32$95,489
Jun 202591910,95266.483.13$95,361
May 20258699,85360.553.23$84,466
Apr 202583410,12062.363.54$87,865
Mar 202589711,14867.704.27$108,310
Feb 20257008,60670.884.34$86,973
Jan 20257659,04774.324.28$95,564
Dec 20247188,94768.993.12$77,462
Nov 20241,2239,27069.052.20$104,828
Oct 20241,3055,05271.372.28$104,663
Sep 20241,0926,44469.612.36$91,250
Aug 20241,1038,06075.632.06$100,053
Jul 20248705,66579.932.15$81,700
Jun 20241,1268,97078.082.63$111,545
May 20241,0519,60078.812.20$103,934
Apr 20241,3589,71084.451.66$130,794
Mar 20241,3419,87280.301.55$122,936
Feb 20241,3099,58876.091.78$116,703
Jan 20247846,07473.023.30$77,278
Dec 20231,24710,90671.262.61$117,334
Nov 20231,24220,87277.892.81$155,339
Oct 20231,59819,48885.443.09$196,698
Sep 20231,33818,46289.042.74$169,630
Aug 20231,43211,20780.522.67$145,260
Jul 20231,78713,72074.852.64$170,002
Jun 20231,72912,30268.962.26$147,016
May 20237998,85970.622.23$76,158
Apr 20236318,51078.122.24$68,337
Mar 20238397,61272.852.39$79,338
Feb 20238629,20375.112.47$87,436
Jan 20231,22718,70376.533.39$157,263
Dec 20221,27014,75176.415.73$181,550
Nov 20228858,54085.005.65$123,444
Oct 20221,0369,56887.185.86$146,423
Sep 20221,2039,67884.888.16$181,119
Aug 20226938,58494.529.13$143,850
Jul 20222498,614101.587.54$90,261
Jun 20226429,858115.097.98$152,527
May 202277512,542109.378.43$190,529
Apr 20221,32025,930104.226.84$314,869
Mar 20222,73825,215108.885.08$426,115
Feb 20221,87444,28091.054.86$385,777
Jan 20221,48927,54781.844.54$246,859
Dec 202185217,49771.323.90$128,988
Nov 202172811,31877.435.24$115,640
Oct 20215607,64879.795.71$88,382
Sep 20218478,75869.865.35$106,035
Aug 20211,93111,22266.024.22$174,848
Jul 20211,5917,96270.783.98$144,316
Jun 20211,1526,67669.493.38$102,622
May 20215492,79363.483.02$43,279
Apr 20216784,45460.362.76$53,210
Mar 20211,0744,70461.302.72$78,617
Feb 20215923,06657.805.55$51,228
Jan 20211,4786,04550.412.81$91,494
Dec 20201,2368,83744.642.68$78,818
Nov 20201,1984,33838.772.71$58,188
Oct 20202,1779,86336.972.48$104,928
Sep 20201,6996,63037.091.99$76,217
Aug 20202,0667,88739.982.39$101,410
Jul 20201,7728,19038.371.83$82,939
Jun 20202,0437,36434.901.69$83,748
May 20202,3918,36516.921.81$55,636
Apr 20204,76916,07014.751.80$99,339
Mar 20205,42632,44230.341.86$224,845
Feb 20203,36023,41249.881.98$213,968
Jan 20201926,82157.252.09$25,280
Dec 20195164,45559.012.30$40,715
Nov 20191,85012,98055.302.75$138,009
Oct 20195698,61853.472.42$51,267
Sep 20191,69213,98655.052.66$130,309
Aug 201996415,83253.112.30$87,681
Jul 20198908,20456.272.46$70,263
Jun 20191,53612,63252.782.49$112,539
May 2019020458.482.74$559
Apr 20199642,90462.632.75$68,363
Mar 20196905,16156.803.06$54,996
Feb 20191,79010,66550.852.79$120,801
Jan 20192,20711,75346.033.23$139,529
Dec 20182,22912,77846.594.19$157,331
Nov 20181,64713,37752.934.24$143,857
Oct 20181,77413,12661.443.40$153,598
Sep 20182,22914,77659.543.11$178,638
Aug 20182,20116,49459.403.07$181,319
Jul 20182,73815,28765.142.93$223,173
Jun 20181,45113,78260.183.08$129,727
May 20182,73017,70965.382.90$229,858
Apr 20182,45817,40463.842.90$207,404
Mar 20182,99117,98461.222.79$233,228
Feb 20182,67617,11661.782.77$212,668
Jan 20183,41815,34162.874.01$276,397
Dec 20172,04918,21257.272.92$170,553
Nov 20172,79619,38655.423.12$215,407
Oct 20173,57418,88349.292.98$232,503
Sep 20172,18318,90247.523.09$162,092
Aug 20173,43521,53345.373.00$220,540
Jul 20173,32621,48043.873.09$212,226
Jun 20172,92522,06442.493.09$192,401
May 20173,57524,63045.373.26$242,575
Apr 20174,18624,22147.933.21$278,423
Mar 20173,09419,15846.772.98$201,868
Feb 20172,73018,32050.452.95$191,820
Jan 20173,18818,62249.413.42$221,184
Dec 20161,49617,36548.763.72$137,592
Nov 20162,61320,29542.492.64$164,693
Oct 20163,65727,64946.193.09$254,359
Sep 20164,08928,64841.553.10$258,725
Aug 20164,41330,75941.442.92$272,824
Jul 20165,29833,59641.622.92$318,749
Jun 20164,64531,10745.352.69$294,199
May 20165,91237,26142.521.99$325,566
Apr 20167,18245,76636.561.99$353,696
Mar 201610,35160,28233.011.79$449,833
Feb 201611,75057,49726.472.06$429,675
Jan 201613,60250,43827.352.36$491,268
Dec 20158,07523,57232.362.00$308,484
Nov 20152,65812,74538.792.17$130,726

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           891 bbl  × $106.41 =    $94,811
Gas                7,113 Mcf  × $  3.05 =    $21,665

────────────────────────────────────────────────────
Month total                                 $116,476

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/279256 is the state's own key, not one this site invented.