SIGLER STATE 57-T2-22

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 279609District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.9 M
Dec 2015 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
126
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 Gas112016-12-06218578
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
CondensateDisposition269,772 bbl$14,834,753
GasProduction2,620,305 Mcf$8,025,367
Total$22,860,120

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 31.8254, -103.9446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82539, -103.94460 · 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
10,168 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 10,168 ft.

Completions filed
Dec 2015
1 of 1 wells

1 well

42-389349862H10,168 ftDec 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 (126)

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

126 months

May 20267429,082106.413.05$106,619
Apr 20266687,11798.932.87$86,509
Mar 20265284,00089.753.15$59,986
Feb 20263033,99663.503.75$34,227
Jan 20268675,50259.138.00$95,270
Dec 20253,19819,45956.664.41$267,078
Nov 202586613,00158.593.93$101,787
Oct 20252271,72659.383.30$19,183
Sep 202590312,85162.743.08$96,196
Aug 20251,06713,97363.933.01$110,339
Jul 20251,13711,86466.743.32$115,215
Jun 20251,1249,78366.483.13$105,332
May 20251,38110,38260.553.23$117,178
Apr 20251,21410,46562.363.54$112,784
Mar 20251,1409,77367.704.27$118,892
Feb 20251,0489,52870.884.34$115,642
Jan 20251,03810,03874.324.28$120,094
Dec 20241,54216,70668.993.12$158,528
Nov 20242,68824,53669.052.20$239,547
Oct 20241,09510,96071.372.28$103,154
Sep 20246049,69369.612.36$64,962
Aug 20241,12618,10975.632.06$122,530
Jul 20241,51719,30179.932.15$162,685
Jun 20241,28515,82278.082.63$142,008
May 20242,82124,10478.812.20$275,314
Apr 20242,39324,96484.451.66$243,509
Mar 20242,35431,23780.301.55$237,291
Feb 20242,25727,28976.091.78$220,409
Jan 20243,02832,57973.023.30$328,539
Dec 20232,73034,68171.262.61$285,082
Nov 20232,59633,56277.892.81$296,430
Oct 20232,56636,29985.443.09$331,304
Sep 20232,44334,58989.042.74$312,127
Aug 20231,73424,02580.522.67$203,838
Jul 20231,04310,77674.852.64$106,537
Jun 20231,63921,28168.962.26$161,088
May 20232,39527,15270.622.23$229,613
Apr 20232,10927,12678.122.24$225,457
Mar 20232,34930,70372.852.39$244,602
Feb 202374620,21075.112.47$105,863
Jan 20232,53451,77376.533.39$369,319
Dec 20221,15411,40776.415.73$153,529
Nov 20221,77118,53285.005.65$255,170
Oct 20227535,72487.185.86$99,211
Sep 2022063584.888.16$5,184
Aug 20221,4619,62094.529.13$225,897
Jul 20221,67117,416101.587.54$301,093
Jun 202268714,025115.097.98$190,947
May 20221,40518,467109.378.43$309,398
Apr 202276913,259104.226.84$170,805
Mar 20221,27720,195108.885.08$241,558
Feb 202297112,91891.054.86$151,176
Jan 20221,32017,54981.844.54$187,661
Dec 20211,26519,73771.323.90$167,177
Nov 20211,23319,21677.435.24$196,103
Oct 202194820,80779.795.71$194,529
Sep 202134014,66669.865.35$102,229
Aug 202163619,78266.024.22$125,480
Jul 20211,51019,94270.783.98$186,288
Jun 20211,84119,64169.493.38$194,330
May 20212,49021,74663.483.02$223,687
Apr 20212,73022,23760.362.76$226,122
Mar 20212,54822,81961.302.72$218,190
Feb 20212,41119,62357.805.55$248,223
Jan 20212,57223,90150.412.81$196,823
Dec 20202,19522,86944.642.68$159,170
Nov 20201,90718,17438.772.71$123,124
Oct 20207156,93936.972.48$43,631
Sep 20208879,27037.091.99$51,356
Aug 20201,14515,18039.982.39$81,983
Jul 20201,28414,56338.371.83$75,846
Jun 20201,18616,69734.901.69$69,615
May 20201,19815,45416.921.81$48,315
Apr 20201,35819,20714.751.80$54,687
Mar 202099322,03430.341.86$71,028
Feb 202039323,52549.881.98$66,198
Jan 20202805,44957.252.09$27,444
Dec 20191,60115,88659.012.30$131,082
Nov 20192,64416,49955.302.75$191,597
Oct 20193,76620,67353.472.42$251,367
Sep 20193,49722,40055.052.66$252,033
Aug 20193,47621,91253.112.30$235,104
Jul 201984813,85856.272.46$81,808
Jun 201979612,08752.782.49$72,124
May 20195038,44058.482.74$52,544
Apr 20191,0819,31762.632.75$93,331
Mar 201971513,44856.803.06$81,791
Feb 201976312,68650.852.79$74,221
Jan 20191,13918,52446.033.23$112,227
Dec 201885818,68746.594.19$118,188
Nov 201893016,18752.934.24$117,813
Oct 201897918,68161.443.40$123,629
Sep 201875720,00459.543.11$107,244
Aug 201874720,47559.403.07$107,160
Jul 201886419,36465.142.93$113,054
Jun 201860618,61460.183.08$93,743
May 201882618,37265.382.90$107,297
Apr 20181,41417,95663.842.90$142,357
Mar 20182,60518,28461.222.79$210,433
Feb 20182,17816,65261.782.77$180,618
Jan 20182,56219,79062.874.01$240,417
Dec 20172,01721,91457.272.92$179,536
Nov 20172,00822,00055.423.12$179,887
Oct 20171,95921,07449.292.98$159,437
Sep 20172,06215,94647.523.09$147,216
Aug 20173,09321,96045.373.00$206,306
Jul 20172,74121,75943.873.09$187,424
Jun 20173,07922,15942.493.09$199,238
May 20173,47627,11345.373.26$246,187
Apr 20173,32427,00647.933.21$246,052
Mar 20173,57228,54446.772.98$252,229
Feb 20173,97029,36450.452.95$286,987
Jan 20174,15429,77649.413.42$307,047
Dec 20164,68424,88748.763.72$321,042
Nov 20164,44630,13042.492.64$268,585
Oct 20165,49833,68746.193.09$358,054
Sep 20165,79933,09041.553.10$343,548
Aug 20165,48139,61641.442.92$342,983
Jul 20165,16838,32041.622.92$327,153
Jun 20166,34542,49145.352.69$401,869
May 20167,07653,27742.521.99$406,948
Apr 20168,11855,93036.561.99$408,153
Mar 20169,06859,35433.011.79$405,816
Feb 201611,46574,25826.472.06$456,720
Jan 20169,83769,88627.352.36$434,278
Dec 20152,8284,72632.362.00$100,973

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           742 bbl  × $106.41 =    $78,956
Gas                9,082 Mcf  × $  3.05 =    $27,662

────────────────────────────────────────────────────
Month total                                 $106,619

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/279609 is the state's own key, not one this site invented.