STATE TUNDRA 57-T3-26

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 281994District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.5 M
Mar 2016 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
123
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 Gas112017-10-09220274
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
CondensateDisposition352,683 bbl$19,825,598
GasProduction1,752,569 Mcf$5,688,693
Total$25,514,291

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 31.7083, -103.9276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70834, -103.92762 · 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
10,016 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 10,016 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-389350401H10,016 ftMar 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 (123)

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

123 months

May 20269226,079106.413.05$116,626
Apr 20261,4752,99898.932.87$154,525
Mar 20261,0882,95489.753.15$106,951
Feb 20261,1053,27563.503.75$82,450
Jan 20261,48212,01559.138.00$183,726
Dec 20251,10415,01756.664.41$128,828
Nov 20251,36114,47158.593.93$136,561
Oct 20251,27312,75759.383.30$117,751
Sep 20251,08413,19062.743.08$108,595
Aug 20251,42012,76463.933.01$129,261
Jul 20251361,02766.743.32$12,481
Jun 20250066.483.13$0
May 20252902,23760.553.23$24,790
Apr 20256909,16562.363.54$75,501
Mar 20251,19311,74167.704.27$130,880
Feb 20258466,07870.884.34$86,348
Jan 20258027,73174.324.28$92,683
Dec 20241,4898,30468.993.12$128,646
Nov 20248418,47469.052.20$76,701
Oct 20241,0399,66171.372.28$96,194
Sep 20246895,55169.612.36$61,086
Aug 20248115,24575.632.06$72,160
Jul 20249889,39679.932.15$99,140
Jun 202494110,17378.082.63$100,269
May 20241,07610,77778.812.20$108,492
Apr 20241,55612,53184.451.66$152,196
Mar 20241,2048,22680.301.55$109,391
Feb 20241,48010,44176.091.78$131,236
Jan 20242,05120,46673.023.30$217,254
Dec 20231,0044,33971.262.61$82,873
Nov 20231,3246,89877.892.81$122,493
Oct 20231,64411,29085.443.09$175,319
Sep 20232,06918,38289.042.74$234,499
Aug 20231,51310,83980.522.67$150,798
Jul 20231,66910,81274.852.64$153,488
Jun 20231,86812,09268.962.26$156,127
May 20231,87112,16870.622.23$159,233
Apr 20231,63210,10178.122.24$150,095
Mar 20232,32212,71072.852.39$199,575
Feb 20231,0026,76075.112.47$91,928
Jan 20239767,06876.533.39$98,638
Dec 20224162,17876.415.73$44,265
Nov 20224272,04685.005.65$47,847
Oct 20221,0384,81587.185.86$118,727
Sep 20221,0095,07584.888.16$127,075
Aug 20222,11610,17394.529.13$292,855
Jul 20222,40110,749101.587.54$324,963
Jun 20221,9586,082115.097.98$273,864
May 20221,16616,137109.378.43$263,609
Apr 20221,9527,609104.226.84$255,465
Mar 20222,01913,392108.885.08$287,812
Feb 20221,6435,40391.054.86$175,847
Jan 20222,39515,92681.844.54$268,274
Dec 20212,41711,95571.323.90$218,994
Nov 20212,23516,57277.435.24$259,841
Oct 20212,21710,50379.795.71$236,907
Sep 20212,09815,58869.865.35$229,976
Aug 20212,14414,31666.024.22$201,969
Jul 20212,38514,22970.783.98$225,471
Jun 20212,21015,61269.493.38$206,351
May 20212,81534,22863.483.02$281,985
Apr 20213,35938,95860.362.76$310,212
Mar 20213,55428,31961.302.72$294,801
Feb 20211,65911,27557.805.55$158,443
Jan 20213,08916,47250.412.81$202,007
Dec 20202,54913,27044.642.68$149,291
Nov 20202,24113,47738.772.71$123,360
Oct 202083236.972.48$375
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202015134.901.69$121
May 202023016.921.81$389
Apr 2020414314.751.80$317
Mar 20202030.341.86$61
Feb 202034458149.881.98$18,309
Jan 20209,436057.252.09$540,211
Dec 2019116,96459.012.30$39,150
Nov 20191,7079,01655.302.75$119,197
Oct 20191,67710,58453.472.42$115,267
Sep 20192,24412,82255.052.66$157,604
Aug 20192,43714,48853.112.30$162,815
Jul 20192,76417,16756.272.46$197,762
Jun 20193,36115,02652.782.49$214,826
May 20192,07510,44858.482.74$149,977
Apr 20191,5164,27862.632.75$106,715
Mar 20197082,42856.803.06$47,649
Feb 20191,6616,35350.852.79$102,201
Jan 20193,57311,69546.033.23$202,219
Dec 20182,50110,50046.594.19$160,469
Nov 20182,2408,32652.934.24$153,842
Oct 20183,28114,00561.443.40$249,175
Sep 20181,9988,09059.543.11$144,105
Aug 20181,97413,97959.403.07$160,123
Jul 20183,94821,25565.142.93$319,490
Jun 20182,76918,24260.183.08$222,768
May 20184,54818,42065.382.90$350,781
Apr 20184,12519,03263.842.90$318,548
Mar 20183,67517,51161.222.79$273,784
Feb 20183,36215,17861.782.77$249,689
Jan 20183,56416,25562.874.01$289,240
Dec 20175,22218,68157.272.92$353,641
Nov 20175,22731,81055.423.12$388,875
Oct 20175,43524,21549.292.98$340,141
Sep 20174,83219,55847.523.09$289,998
Aug 20174,40021,60645.373.00$264,541
Jul 20176,54630,15543.873.09$380,270
Jun 20174,27617,50542.493.09$235,730
May 20177,26831,62045.373.26$432,938
Apr 20177,09928,74447.933.21$432,569
Mar 20176,67829,09146.772.98$399,128
Feb 20177,93732,23750.452.95$495,605
Jan 20176,87026,50149.413.42$430,048
Dec 20168,72130,82848.763.72$540,003
Nov 20168,07129,51442.492.64$420,982
Oct 201610,55142,02746.193.09$617,225
Sep 20169,79735,87841.553.10$518,310
Aug 201610,36742,87941.442.92$555,001
Jul 201612,88449,70541.622.92$681,586
Jun 201614,10656,53245.352.69$791,542
May 201618,68266,38442.521.99$926,532
Apr 20168,96129,31936.561.99$385,989
Mar 20164,38414,34933.011.79$170,458

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           922 bbl  × $106.41 =    $98,110
Gas                6,079 Mcf  × $  3.05 =    $18,516

────────────────────────────────────────────────────
Month total                                 $116,626

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/281994 is the state's own key, not one this site invented.