MOCAP 56-T1-25

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 281029District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.5 M
Jan 2015 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
137
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 Gas112017-04-17220303
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
CondensateDisposition395,140 bbl$21,679,444
GasProduction1,585,932 Mcf$4,810,208
Total$26,489,652

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 31.9414, -103.8072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94139, -103.80717 · 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
11,048 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 11,048 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-301322981H11,048 ftJan 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 (137)

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

137 months

May 20266761,716106.413.05$77,160
Apr 20261,8265,69498.932.87$196,986
Mar 20261,4226,19489.753.15$147,132
Feb 20261,6075,90663.503.75$124,194
Jan 20261,3944,66359.138.00$119,722
Dec 20251,2083,93856.664.41$85,825
Nov 20251,6466,36658.593.93$121,435
Oct 20251,4586,31259.383.30$107,436
Sep 20251,6748,78062.743.08$132,042
Aug 20251,2036,35163.933.01$96,055
Jul 20251,5698,70166.743.32$133,561
Jun 20251,1984,75766.483.13$94,526
May 20251,5956,04660.553.23$116,120
Apr 20251,8525,75262.363.54$135,871
Mar 20251,2797,45267.704.27$118,396
Feb 20258596,12770.884.34$87,482
Jan 20257184,37574.324.28$72,081
Dec 20243127,54568.993.12$45,076
Nov 20247267,96969.052.20$67,650
Oct 20241,8494,88371.372.28$143,103
Sep 20241,0344,08469.612.36$81,633
Aug 20249066,28075.632.06$81,480
Jul 20241,29410,01979.932.15$124,936
Jun 20241,2977,42678.082.63$120,830
May 20241,2228,68978.812.20$115,408
Apr 20241,59410,63684.451.66$152,261
Mar 20242,06111,27080.301.55$182,912
Feb 20241,89310,06176.091.78$161,984
Jan 20242,42611,03773.023.30$213,543
Dec 20232,60012,70671.262.61$218,448
Nov 20232,51710,90677.892.81$226,668
Oct 20235,31411,52585.443.09$489,609
Sep 20234,35513,08989.042.74$423,568
Aug 20232,92011,64580.522.67$266,244
Jul 20231,3495,45274.852.64$115,376
Jun 20231,5005,73868.962.26$116,399
May 20231,7253,92370.622.23$130,558
Apr 20231,2573,39178.122.24$105,785
Mar 20231,5713,10872.852.39$121,885
Feb 20231,4663,24875.112.47$118,120
Jan 20231,2713,76876.533.39$110,035
Dec 202239139176.415.73$32,116
Nov 20221,2014,03285.005.65$124,850
Oct 20221,7646,46087.185.86$191,665
Sep 20221,6496,64784.888.16$194,231
Aug 20221,4235,65494.529.13$186,107
Jul 20221,6104,424101.587.54$196,910
Jun 20222,1177,780115.097.98$305,708
May 20221,8315,055109.378.43$242,885
Apr 20221,7554,137104.226.84$211,193
Mar 20221,5753,679108.885.08$190,162
Feb 2022048891.054.86$2,371
Jan 20221,3682,44981.844.54$123,070
Dec 20211,8487,94871.323.90$162,790
Nov 20211,4387,42177.435.24$150,207
Oct 20211,2146,92279.795.71$136,416
Sep 20211,2267,55469.865.35$126,069
Aug 20212,0197,90066.024.22$166,637
Jul 20212,2805,25770.783.98$182,312
Jun 20212,1098,75869.493.38$176,162
May 20212,43213,26563.483.02$194,413
Apr 20213,14412,88260.362.76$225,306
Mar 20212,94310,55361.302.72$209,078
Feb 20212,5227,29257.805.55$186,227
Jan 20212,4868,42250.412.81$148,987
Dec 20202,3978,68844.642.68$130,246
Nov 20201,7647,96238.772.71$89,940
Oct 20202,7838,72336.972.48$124,507
Sep 20202,7269,41137.091.99$119,845
Aug 20203,30713,41339.982.39$164,205
Jul 20206592,82138.371.83$30,434
Jun 20202,70313,77734.901.69$117,622
May 20201,6803,67816.921.81$35,100
Apr 20202,42611,99014.751.80$57,418
Mar 20202,66610,74330.341.86$100,828
Feb 20202,0426,82349.881.98$115,369
Jan 20203954,17957.252.09$31,368
Dec 201911759459.012.30$8,273
Nov 20197194,07255.302.75$50,962
Oct 20192,1269,62053.472.42$136,944
Sep 20193,00414,05655.052.66$202,721
Aug 20191,7266,96553.112.30$107,718
Jul 20192,7963,81156.272.46$166,706
Jun 20191532,24452.782.49$13,666
May 20193,53011,08058.482.74$236,797
Apr 20191,9206,14162.632.75$137,142
Mar 20191,4422,17456.803.06$88,563
Feb 20191,6715,56450.852.79$100,506
Jan 20193,26513,66746.033.23$194,407
Dec 20184,36017,75646.594.19$277,449
Nov 20184,01315,47352.934.24$277,971
Oct 20181,3776,50061.443.40$106,690
Sep 20183,75115,33359.543.11$270,990
Aug 20183,80410,58959.403.07$258,429
Jul 20181,2623,35965.142.93$92,055
Jun 20181,6277,89160.183.08$122,193
May 20182,64711,08165.382.90$205,205
Apr 20183,26012,35863.842.90$243,966
Mar 20182,3899,90761.222.79$173,864
Feb 20182,4939,60961.782.77$180,597
Jan 20182,0253,48562.874.01$141,284
Dec 20172,48610,02457.272.92$171,659
Nov 20172,3398,07055.423.12$154,793
Oct 20173,07411,07749.292.98$184,568
Sep 20173,30214,44347.523.09$201,501
Aug 20173,56514,30845.373.00$204,731
Jul 20173,49014,32143.873.09$197,319
Jun 20173,60013,49442.493.09$194,624
May 20173,64313,73845.373.26$210,116
Apr 20173,61313,86547.933.21$217,700
Mar 20173,73013,30546.772.98$214,150
Feb 20173,93312,20450.452.95$234,453
Jan 20172,0476,24049.413.42$122,476
Dec 20162,63412,76248.763.72$175,945
Nov 20162,92012,29842.492.64$156,591
Oct 20162,83912,56146.193.09$169,950
Sep 20163,49810,71341.553.10$178,559
Aug 20164,9658,97541.442.92$231,996
Jul 20165,3909,75241.622.92$252,850
Jun 20162,7219,13545.352.69$147,932
May 20163,25611,53542.521.99$161,412
Apr 20164,3697,36536.561.99$174,395
Mar 2016010,16533.011.79$18,236
Feb 20162,53511,13926.472.06$90,088
Jan 20166,58221,14527.352.36$230,012
Dec 20156,02119,00532.362.00$232,876
Nov 20157,27030,72838.792.17$348,601
Oct 20157,42731,21243.552.43$399,184
Sep 20156,77727,28242.992.76$366,598
Aug 20158,87338,19640.162.87$466,057
Jul 201510,27541,66248.152.95$617,439
Jun 201512,49843,62856.152.88$827,536
May 201515,73056,63355.212.96$1,035,829
Apr 201520,26477,16749.822.71$1,218,410
Mar 201514,94787,32042.892.93$897,336
Feb 20159,73571,52744.662.98$647,643
Jan 20153,77930,50343.433.10$258,700

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           676 bbl  × $106.41 =    $71,933
Gas                1,716 Mcf  × $  3.05 =     $5,227

────────────────────────────────────────────────────
Month total                                  $77,160

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/281029 is the state's own key, not one this site invented.