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MINERAL PURSUIT 55-T2-42

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 281840District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.7 M
Sep 2016 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
117
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 Gas112017-04-17220272
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
CondensateDisposition319,905 bbl$18,734,017
GasProduction1,238,672 Mcf$3,972,599
Total$22,706,616

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 31.7959, -103.8055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79588, -103.80554 · 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
10,861 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 10,861 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-389350961H10,861 ftSep 2016——

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 (117)

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

117 months

May 20267122,415106.413.05$83,120
Apr 20267142,26698.932.87$77,139
Mar 20261,0412,87889.753.15$102,494
Feb 20266882,46663.503.75$52,936
Jan 20261,5261,78359.138.00$104,493
Dec 20251,5982,18756.664.41$100,195
Nov 20251,6843,13258.593.93$110,963
Oct 20251,5984,59459.383.30$110,072
Sep 20251,7648,70762.743.08$137,464
Aug 2025020663.933.01$621
Jul 20251,2395,68866.743.32$101,548
Jun 20251,3945,91266.483.13$111,170
May 20251,7766,62860.553.23$128,961
Apr 20251,6865,48062.363.54$124,555
Mar 20251,1054,62767.704.27$94,558
Feb 20251,9005,45470.884.34$158,347
Jan 20252,2146,98574.324.28$194,431
Dec 20241,7126,59268.993.12$138,687
Nov 20241,7826,58269.052.20$137,517
Oct 20242,5978,19471.372.28$204,042
Sep 20242,91610,68469.612.36$228,244
Aug 20242,59010,96175.632.06$218,501
Jul 20241,57713,07179.932.15$154,108
Jun 20241,3844,86278.082.63$120,869
May 20241,6655,14678.812.20$142,532
Apr 20241,7124,41884.451.66$151,909
Mar 20241,8114,73980.301.55$152,746
Feb 20241,4845,14276.091.78$122,089
Jan 20241,9705,08073.023.30$160,602
Dec 20231,2624,88971.262.61$102,694
Nov 20231,4414,53977.892.81$124,983
Oct 20231,5986,23585.443.09$155,782
Sep 20231,7726,73589.042.74$176,199
Aug 20231,9317,78580.522.67$176,292
Jul 20231,5886,55274.852.64$136,171
Jun 20231,5957,75468.962.26$127,503
May 20231,7767,37170.622.23$141,839
Apr 20231,5714,88478.122.24$133,656
Mar 20231,9705,78772.852.39$157,364
Feb 20231,6205,03675.112.47$134,095
Jan 20232,1456,13376.533.39$184,934
Dec 202236091176.415.73$32,727
Nov 20221,8015,31685.005.65$183,100
Oct 20221,9487,40487.185.86$213,242
Sep 20221,9517,81684.888.16$229,408
Aug 20221,9458,39494.529.13$260,455
Jul 20221,9397,719101.587.54$255,181
Jun 20222,1216,188115.097.98$293,469
May 20222,1324,854109.378.43$274,111
Apr 20221,9587,372104.226.84$254,470
Mar 20222,1617,572108.885.08$273,728
Feb 20221,9836,01891.054.86$209,793
Jan 20222,3485,79181.844.54$218,438
Dec 20212,1438,09171.323.90$184,387
Nov 20211,9635,50777.435.24$180,834
Oct 20212,4856,97979.795.71$238,155
Sep 20212,4677,80569.865.35$214,109
Aug 20212,1387,38866.024.22$172,332
Jul 20212,2987,27870.783.98$191,634
Jun 20212,6378,78569.493.38$212,944
May 20212,9709,99663.483.02$218,700
Apr 20211,2515,48360.362.76$90,635
Mar 20212,6478,23761.302.72$184,641
Feb 20211,2855,77157.805.55$106,290
Jan 20211,8186,58250.412.81$110,143
Dec 20201,8187,64544.642.68$101,609
Nov 20202,92510,28438.772.71$141,237
Oct 20202,1685,75936.972.48$94,424
Sep 20202,3637,87937.091.99$103,331
Aug 20203,02910,09639.982.39$145,179
Jul 20202,67110,72938.371.83$122,068
Jun 20202,82311,02834.901.69$117,163
May 20203,36710,94716.921.81$76,836
Apr 20203,37812,48114.751.80$72,346
Mar 20202,5159,01330.341.86$93,035
Feb 20201,8428,02349.881.98$107,770
Jan 20202,62618,50157.252.09$189,093
Dec 20193,19810,53759.012.30$212,995
Nov 20193,19510,70355.302.75$206,124
Oct 201918869953.472.42$11,743
Sep 20191,6999,80555.052.66$119,585
Aug 20191,8206,90753.112.30$112,576
Jul 20192,0316,77756.272.46$130,956
Jun 20193,02110,65952.782.49$186,002
May 20192,4596,34158.482.74$161,179
Apr 20193,19510,12262.632.75$227,945
Mar 20191,4678,22556.803.06$108,511
Feb 20191,4494,02050.852.79$84,906
Jan 20192,7827,22846.033.23$151,389
Dec 20183,56112,92846.594.19$220,016
Nov 20182,7512,05652.934.24$154,322
Oct 20183,70010,18961.443.40$261,951
Sep 20182,5168,90459.543.11$177,476
Aug 20182,76828,82059.403.07$252,797
Jul 20182,56542,62965.142.93$292,067
Jun 20183,10019,06460.183.08$245,216
May 20182,55817,35665.382.90$217,588
Apr 20183,79420,08963.842.90$300,483
Mar 20182,37725,18161.222.79$215,695
Feb 20182,49219,12961.782.77$206,869
Jan 20183,61322,39262.874.01$316,926
Dec 20173,91526,23957.272.92$300,870
Nov 20174,35118,70155.423.12$299,449
Oct 20174,62721,26149.292.98$291,501
Sep 20174,58931,27647.523.09$314,627
Aug 20174,20214,56945.373.00$234,416
Jul 20174,92925,05043.873.09$293,572
Jun 20175,07822,79742.493.09$286,145
May 20175,72722,60745.373.26$333,610
Apr 20175,67421,82747.933.21$342,054
Mar 20176,93321,38446.772.98$388,059
Feb 20176,73720,02150.452.95$398,996
Jan 201711,25234,47749.413.42$673,831
Dec 201612,41729,64048.763.72$715,798
Nov 201617,65052,23642.492.64$888,079
Oct 201612,57236,60046.193.09$693,804
Sep 20165713,00641.553.10$33,046

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           712 bbl  × $106.41 =    $75,764
Gas                2,415 Mcf  × $  3.05 =     $7,356

────────────────────────────────────────────────────
Month total                                  $83,120

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/281840 is the state's own key, not one this site invented.