MineralRecord
Log inSign up

STATE AL OLSON 57-T1-43X6 SA

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 281238District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$44.2 M
Jan 2016 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
125
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 Gas112017-03-06219753
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
CondensateDisposition679,436 bbl$35,214,459
GasProduction2,908,526 Mcf$8,962,429
Total$44,176,888

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 31.8694, -103.9942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86938, -103.99415 · 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
9,726 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 9,726 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-389350501H9,726 ftOct 2019——

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 (125)

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

125 months

May 20261,29811,022106.413.05$171,691
Apr 20262,05712,96398.932.87$240,699
Mar 20261,68613,86089.753.15$194,970
Feb 20261,68912,57063.503.75$154,393
Jan 20262,08213,51059.138.00$231,161
Dec 20252,10814,45856.664.41$183,248
Nov 20251,83414,48858.593.93$164,340
Oct 20252,60015,65259.383.30$206,115
Sep 20252,05014,98162.743.08$174,712
Aug 20252,22314,91263.933.01$187,072
Jul 20252,40415,45666.743.32$211,683
Jun 20252,03915,06166.483.13$182,674
May 20252,59818,85960.553.23$218,267
Apr 20252,60117,74462.363.54$225,067
Mar 20252,84116,81767.704.27$264,116
Feb 20252,50612,87970.884.34$233,531
Jan 20252,08313,10474.324.28$210,876
Dec 20241,66813,67868.993.12$157,769
Nov 20241,50713,60069.052.20$133,957
Oct 20242,45113,58071.372.28$205,909
Sep 20241,34211,17269.612.36$119,831
Aug 20241,98312,93175.632.06$176,659
Jul 20243,69316,75179.932.15$331,139
Jun 20242,05511,63378.082.63$191,095
May 20241,4838,54578.812.20$135,661
Apr 20249406,05584.451.66$89,429
Mar 20241,69315,71380.301.55$160,227
Feb 20243,57231,36976.091.78$327,744
Jan 20244,24736,54373.023.30$430,622
Dec 20233,57330,29771.262.61$333,709
Nov 20233,65023,24777.892.81$349,566
Oct 20233,96334,25085.443.09$444,338
Sep 20234,31432,71089.042.74$473,582
Aug 20234,78529,01080.522.67$462,828
Jul 20231,1016,48374.852.64$99,537
Jun 20231,24910,04068.962.26$108,806
May 20237314,95770.622.23$62,664
Apr 20231,64512,34778.122.24$156,137
Mar 20231,67811,14172.852.39$148,905
Feb 20231,12312,07075.112.47$114,109
Jan 20231,52214,49376.533.39$165,577
Dec 20222,27112,35276.415.73$244,293
Nov 20221,13111,09585.005.65$158,780
Oct 202292010,23587.185.86$140,221
Sep 20221,29210,75284.888.16$197,441
Aug 20221,84011,99294.529.13$283,370
Jul 20222,72214,340101.587.54$384,654
Jun 20221,11110,976115.097.98$215,423
May 20222,03912,484109.378.43$328,284
Apr 20221,4936,602104.226.84$200,742
Mar 20225705,604108.885.08$90,510
Feb 20222,27814,46591.054.86$277,695
Jan 20223,16721,52481.844.54$356,856
Dec 20213,13722,94971.323.90$313,212
Nov 20213,85422,94277.435.24$418,559
Oct 20211,29712,88079.795.71$177,082
Sep 20213,64322,87269.865.35$376,886
Aug 20213,26027,16566.024.22$329,878
Jul 20213,60323,11470.783.98$347,062
Jun 20213,82623,58269.493.38$345,591
May 20213,45725,02663.483.02$294,971
Apr 20214,06824,21460.362.76$312,337
Mar 20214,21523,43361.302.72$322,046
Feb 20212,86418,60157.805.55$268,737
Jan 20214,42526,88750.412.81$298,624
Dec 20204,25327,50144.642.68$263,432
Nov 20204,74427,65038.772.71$258,762
Oct 20205,03330,07636.972.48$260,611
Sep 20204,63127,53937.091.99$226,595
Aug 20205,33130,66139.982.39$286,263
Jul 20206,46431,73438.371.83$305,942
Jun 20204,59030,60334.901.69$211,920
May 20205,67131,97916.921.81$153,987
Apr 20206,76332,37914.751.80$158,178
Mar 20206,84238,22930.341.86$278,548
Feb 20207,08237,74749.881.98$428,015
Jan 20207,30334,19357.252.09$489,722
Dec 20197,59334,18359.012.30$526,833
Nov 20197,92732,08755.302.75$526,625
Oct 201917,54553.472.42$18,301
Sep 20196,90125,13455.052.66$446,688
Aug 20197,50134,57553.112.30$478,051
Jul 20198,54516,55156.272.46$521,544
Jun 20197,49317,51552.782.49$439,114
May 20197332,51658.482.74$49,760
Apr 201901,14962.632.75$3,161
Mar 20191982,05956.803.06$17,551
Feb 20196,25620,31950.852.79$374,853
Jan 20196,16019,58346.033.23$346,762
Dec 20188,15624,02446.594.19$480,539
Nov 20189,31030,93052.934.24$623,836
Oct 20187,21126,46361.443.40$532,967
Sep 20186,64725,42859.543.11$474,793
Aug 20186,50823,70259.403.07$459,259
Jul 201810,12933,63665.142.93$758,420
Jun 20184,33015,16860.183.08$307,250
May 20189,84532,67365.382.90$738,444
Apr 20187,80832,58563.842.90$592,985
Mar 20184,74220,96461.222.79$348,729
Feb 20183,94814,98761.782.77$285,363
Jan 20182,73512,00562.874.01$220,081
Dec 20174,77712,49857.272.92$310,092
Nov 20175,23820,17355.423.12$353,197
Oct 20175,41222,18649.292.98$332,953
Sep 20176,60727,09147.523.09$397,602
Aug 20177,86230,30745.373.00$447,753
Jul 20177,53233,07843.873.09$432,550
Jun 20178,11433,60442.493.09$448,509
May 20178,74736,90645.373.26$517,290
Apr 20179,09436,61147.933.21$553,455
Mar 20179,63135,70746.772.98$556,980
Feb 201710,20534,13750.452.95$615,635
Jan 20176,58828,18549.413.42$421,872
Dec 20168,86941,12048.763.72$585,535
Nov 201611,87245,67342.492.64$625,217
Oct 201613,34852,00546.193.09$777,253
Sep 201615,60856,65241.553.10$824,169
Aug 201616,43664,01641.442.92$868,312
Jul 201618,11770,61541.622.92$960,532
Jun 201619,53963,41345.352.69$1,056,410
May 201628,72531,24542.521.99$1,283,597
Apr 201634,17044,40836.561.99$1,337,673
Mar 201640,95363,28833.011.79$1,465,398
Feb 201616,73057,11626.472.06$560,709
Jan 20167285,38327.352.36$32,638

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         1,298 bbl  × $106.41 =   $138,120
Gas               11,022 Mcf  × $  3.05 =    $33,571

────────────────────────────────────────────────────
Month total                                 $171,691

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/281238 is the state's own key, not one this site invented.