STATE BLANKENSHIP 56-T2-14X11

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 281998District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$44.0 M
Feb 2016 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
124
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 Gas112017-04-17220269
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
CondensateDisposition694,889 bbl$37,558,398
GasProduction2,139,792 Mcf$6,460,039
Total$44,018,438

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 31.8615, -103.8237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86154, -103.82372 · 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
10,587 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 10,587 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-389350701H10,587 ftFeb 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 (124)

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

124 months

May 20261,1126,101106.413.05$136,911
Apr 20261,1445,94698.932.87$130,239
Mar 20261,4946,17289.753.15$153,525
Feb 20261,1785,65063.503.75$95,992
Jan 20261,3055,35459.138.00$119,986
Dec 20251,3535,69656.664.41$101,799
Nov 20251,2675,65258.593.93$96,426
Oct 20251,2025,82259.383.30$90,616
Sep 20251,0135,79162.743.08$81,374
Aug 20251,3626,38563.933.01$106,322
Jul 20253,42311,98966.743.32$268,197
Jun 20251,5567,38266.483.13$126,539
May 20251,6747,80060.553.23$126,573
Apr 20253,41316,20262.363.54$270,240
Mar 20253,74316,87567.704.27$325,429
Feb 20253,46716,13770.884.34$315,789
Jan 20253,71517,34174.324.28$350,295
Dec 20244,12918,97768.993.12$344,094
Nov 20243,70819,27269.052.20$298,406
Oct 20243,34217,87871.372.28$279,305
Sep 20243,54719,25469.612.36$292,430
Aug 20243,64220,92475.632.06$318,624
Jul 20243,82922,03079.932.15$353,341
Jun 20242,98312,82878.082.63$266,701
May 20241,0627,52778.812.20$100,244
Apr 20241,3237,46584.451.66$124,113
Mar 20241,5189,14380.301.55$136,023
Feb 20241,8068,76376.091.78$153,049
Jan 20242,2599,12873.023.30$195,053
Dec 20231,9619,24371.262.61$163,872
Nov 20232,1309,25277.892.81$191,881
Oct 20231,8769,53485.443.09$189,720
Sep 20231,6199,07089.042.74$168,963
Aug 20231,0448,05880.522.67$105,601
Jul 20233772,20374.852.64$34,038
Jun 20239314,14968.962.26$73,572
May 20231,4778,26470.622.23$122,713
Apr 20232,26810,44978.122.24$200,559
Mar 20232,94614,22572.852.39$248,659
Feb 20232,3139,82775.112.47$197,960
Jan 20233,69414,43376.533.39$331,597
Dec 20223,51810,71476.415.73$330,192
Nov 20229774,37285.005.65$107,730
Oct 20220187.185.86$6
Sep 20221,7465,84084.888.16$195,876
Aug 20222,3377,74894.529.13$291,610
Jul 20222,7874,217101.587.54$314,908
Jun 20221,9399,358115.097.98$297,810
May 20222,4447,448109.378.43$330,110
Apr 20222,7838,783104.226.84$350,099
Mar 20222,6263,346108.885.08$302,905
Feb 20223,0363,10691.054.86$291,519
Jan 20227,3733,20081.844.54$617,927
Dec 20213,7715,67171.323.90$291,060
Nov 20213,1175,80777.435.24$271,760
Oct 20211,3212,81079.795.71$121,459
Sep 20212,4508,19669.865.35$215,013
Aug 20215,3797,22966.024.22$385,632
Jul 20211,8373,63070.783.98$144,478
Jun 20213,7658,12969.493.38$289,111
May 20213,9876,96363.483.02$274,107
Apr 20211,8238,83660.362.76$134,410
Mar 20212,73411,95161.302.72$200,064
Feb 20211,8428,82957.805.55$155,450
Jan 20216915,51050.412.81$50,318
Dec 20201791,71444.642.68$12,576
Nov 202015713,84238.772.71$43,551
Oct 20203547,13236.972.48$30,764
Sep 20203202,26237.091.99$16,373
Aug 20201783,56139.982.39$15,610
Jul 20201264,41038.371.83$12,883
Jun 202006,40134.901.69$10,820
May 202006,90516.921.81$12,531
Apr 202007,80614.751.80$14,085
Mar 202008,22130.341.86$15,260
Feb 202004,40149.881.98$8,717
Jan 202006,17857.252.09$12,941
Dec 201908,07659.012.30$18,610
Nov 201906,13155.302.75$16,865
Oct 201901,32253.472.42$3,197
Sep 201937,95755.052.66$21,309
Aug 2019829,11653.112.30$25,362
Jul 20194,13811,29756.272.46$260,637
Jun 20191,3925,57152.782.49$87,348
May 20195,94916,97458.482.74$394,412
Apr 201910,7314,36662.632.75$684,092
Mar 201916,00315,55756.803.06$956,607
Feb 201912,49615,18150.852.79$677,810
Jan 201918,28917,76546.033.23$899,191
Dec 201817,53526,72446.594.19$928,807
Nov 201812,41825,63052.934.24$765,885
Oct 20188,24728,33661.443.40$602,984
Sep 201812,40816,26759.543.11$789,330
Aug 201814,6819359.403.07$872,337
Jul 201820,57927,80065.142.93$1,422,022
Jun 201814,70032,92860.183.08$985,963
May 201812,97133,17865.382.90$944,287
Apr 20187,23545,31063.842.90$593,318
Mar 20181,02059761.222.79$64,108
Feb 201819349061.782.77$13,279
Jan 20185,67137,94062.874.01$508,649
Dec 20174,72124,38657.272.92$341,616
Nov 20175,89121,34655.423.12$393,044
Oct 20177,59126,53349.292.98$453,326
Sep 20176,84431,40247.523.09$422,174
Aug 20177,53835,10445.373.00$447,466
Jul 20179,83942,06743.873.09$561,510
Jun 20178,84338,82442.493.09$495,600
May 201710,95239,06745.373.26$624,383
Apr 201711,71838,99847.933.21$686,890
Mar 201711,28939,88646.772.98$646,994
Feb 20179,88637,39250.452.95$609,152
Jan 201713,28637,67749.413.42$785,271
Dec 201612,90533,96448.763.72$755,690
Nov 201614,51143,57042.492.64$731,787
Oct 201615,48147,48146.193.09$861,796
Sep 201617,21352,03341.553.10$876,535
Aug 201621,39762,90241.442.92$1,070,639
Jul 201617,54656,03641.622.92$894,133
Jun 201623,54270,13645.352.69$1,256,003
May 201627,31083,74142.521.99$1,327,953
Apr 201633,706103,06036.561.99$1,437,488
Mar 201640,507100,41933.011.79$1,517,289
Feb 201610,83020,44426.472.06$328,859

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         1,112 bbl  × $106.41 =   $118,328
Gas                6,101 Mcf  × $  3.05 =    $18,583

────────────────────────────────────────────────────
Month total                                 $136,911

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/281998 is the state's own key, not one this site invented.