STATE WILLIE VEE 56-T3-6

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 279638District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.9 M
Nov 2015 – May 2026
Value, last 12 filed months
$1.6 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 Gas112016-12-06218579
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
CondensateDisposition319,787 bbl$16,977,209
GasProduction1,611,365 Mcf$4,906,207
Total$21,883,416

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 31.7383, -103.8589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73828, -103.85890 · 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
10,399 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 10,399 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-389349361H10,399 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 20261,99421,641106.413.05$278,097
Apr 20261,99715,33898.932.87$241,579
Mar 202671910,85889.753.15$98,727
Feb 20267338,52463.503.75$78,513
Jan 20265736,81759.138.00$88,403
Dec 20251,41810,83656.664.41$128,167
Nov 20251,00710,22158.593.93$99,132
Oct 20251,36111,85459.383.30$119,992
Sep 20251,08114,42262.743.08$112,197
Aug 20251,07311,57463.933.01$103,490
Jul 20251,21510,96266.743.32$117,430
Jun 20251,05210,39466.483.13$102,457
May 20251,38611,32760.553.23$120,535
Apr 20251,09110,30462.363.54$104,543
Mar 20251,11311,42167.704.27$124,099
Feb 20259008,90670.884.34$102,452
Jan 20251,50510,24074.324.28$155,665
Dec 20247339,45968.993.12$80,095
Nov 20241,44011,31469.052.20$124,305
Oct 20241,42511,09771.372.28$127,019
Sep 20241,25010,18969.612.36$111,103
Aug 20241,39111,25875.632.06$128,434
Jul 20241,58813,11579.932.15$155,081
Jun 20241,54011,95178.082.63$151,722
May 20241,91012,80278.812.20$178,672
Apr 20241,56113,23184.451.66$153,779
Mar 20241,77913,60480.301.55$163,874
Feb 20241,60112,75676.091.78$144,572
Jan 20241,99114,33773.023.30$192,661
Dec 20232,00217,05371.262.61$187,183
Nov 20231,83913,49477.892.81$181,125
Oct 20232,16515,36885.443.09$232,423
Sep 20232,14315,93389.042.74$234,390
Aug 20232,29917,78880.522.67$232,661
Jul 20232,66017,94274.852.64$246,500
Jun 20232,33516,35468.962.26$197,957
May 20237044,60570.622.23$59,974
Apr 20235334,44578.122.24$51,585
Mar 20235414,64172.852.39$50,519
Feb 20237154,55175.112.47$64,925
Jan 20235347,45776.533.39$66,129
Dec 20225375,24976.415.73$71,104
Nov 20227017,33685.005.65$101,006
Oct 20221,0748,35387.185.86$142,611
Sep 20225458,13884.888.16$112,696
Aug 20225368,45994.529.13$127,869
Jul 20228979,635101.587.54$163,785
Jun 20228396,418115.097.98$147,758
May 20223632,917109.378.43$64,300
Apr 20221,2488,652104.226.84$189,225
Mar 20221,4628,434108.885.08$201,997
Feb 20227407,12391.054.86$101,987
Jan 20221,1386,91881.844.54$124,526
Dec 202192611,36371.323.90$110,348
Nov 20211,2957,57677.435.24$139,946
Oct 20211,4898,94779.795.71$169,929
Sep 20217518,98269.865.35$100,527
Aug 20211,3069,14966.024.22$124,836
Jul 20219338,36070.783.98$99,328
Jun 20219289,20069.493.38$95,588
May 20211,9609,07963.483.02$151,818
Apr 20211,1296,37160.362.76$85,720
Mar 20219446,75761.302.72$76,226
Feb 20211,1216,82957.805.55$102,681
Jan 20212,2679,47550.412.81$140,907
Dec 20201,7059,49844.642.68$101,523
Nov 20201,8679,84138.772.71$99,019
Oct 20201,3179,53336.972.48$72,316
Sep 20201,4787,57337.091.99$69,897
Aug 20201,84411,90139.982.39$102,108
Jul 20201,10112,37038.371.83$64,822
Jun 20201,45315,05134.901.69$76,151
May 20201,2737,63016.921.81$35,386
Apr 202055210,18214.751.80$26,514
Mar 20201,47816,00830.341.86$74,557
Feb 20202,04512,71249.881.98$127,183
Jan 20201,50814,49357.252.09$116,692
Dec 20191,70515,54759.012.30$136,438
Nov 20191,34513,05155.302.75$110,278
Oct 20194,31611,07353.472.42$257,557
Sep 20191,73213,85855.052.66$132,171
Aug 20193,78818,67953.112.30$244,224
Jul 20194,1894,15156.272.46$245,927
Jun 20192,5652,28152.782.49$141,063
May 2019085258.482.74$2,335
Apr 201957768062.632.75$38,008
Mar 20192,4752,72056.803.06$148,909
Feb 20191,9275,84650.852.79$114,311
Jan 20192,54510,33146.033.23$150,497
Dec 20182,5659,89646.594.19$160,922
Nov 20184,17913,67852.934.24$279,151
Oct 20183,92814,42761.443.40$290,360
Sep 20184,18524,05559.543.11$323,938
Aug 20182,6758,06259.403.07$183,618
Jul 20185,08023,45465.142.93$399,676
Jun 20185,81420,46860.183.08$412,865
May 20182,46315,78665.382.90$206,823
Apr 20184,36122,25263.842.90$342,955
Mar 20184,45818,47961.222.79$324,417
Feb 20182,97516,99161.782.77$230,795
Jan 20185,03912,88262.874.01$368,450
Dec 20174,89919,87057.272.92$338,616
Nov 20175,38016,40355.423.12$349,310
Oct 201703,73949.292.98$11,156
Sep 20172,94911,82947.523.09$176,656
Aug 20173,48611,52045.373.00$192,771
Jul 20172,95311,20443.873.09$164,138
Jun 20172,7787,43642.493.09$140,994
May 20173,3547,72945.373.26$177,394
Apr 20173,8769,63147.933.21$216,708
Mar 20174,10311,60446.772.98$226,520
Feb 20173,71413,66050.452.95$227,704
Jan 20174,09714,52849.413.42$252,101
Dec 20164,25514,41548.763.72$261,138
Nov 20164,42516,89342.492.64$232,689
Oct 20164,61920,67846.193.09$277,252
Sep 20165,54020,93541.553.10$295,099
Aug 20164,81020,84241.442.92$260,275
Jul 20164,71724,78041.622.92$268,787
Jun 20165,89426,98145.352.69$339,759
May 20166,10825,98842.521.99$311,455
Apr 20166,86327,75136.561.99$306,165
Mar 201610,01534,85533.011.79$393,125
Feb 201613,32240,81726.472.06$436,865
Jan 201619,50257,27027.352.36$668,787
Dec 201513,59533,57332.362.00$507,128
Nov 201504038.792.17$87

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         1,994 bbl  × $106.41 =   $212,182
Gas               21,641 Mcf  × $  3.05 =    $65,915

────────────────────────────────────────────────────
Month total                                 $278,097

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/279638 is the state's own key, not one this site invented.