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STATE LOST & FOUND 57-T2-20X17

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 282009District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$54.5 M
May 2016 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
121
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 Gas112017-05-12219802
NGPA2none——

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
CondensateDisposition755,131 bbl$42,427,741
GasProduction3,573,745 Mcf$12,069,724
Total$54,497,465

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 31.8468, -103.9923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84684, -103.99233 · 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
9,671 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 9,671 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-389351821H9,671 ftMay 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 (121)

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

121 months

May 20261,64016,439106.413.05$224,583
Apr 20261,81716,96298.932.87$228,432
Mar 20262,00218,00989.753.15$236,398
Feb 20261,64316,07963.503.75$164,632
Jan 20261,88015,85959.138.00$238,003
Dec 20251,82417,97356.664.41$182,669
Nov 20252,02217,56658.593.93$187,441
Oct 20251,81517,82459.383.30$166,680
Sep 20251,92517,51862.743.08$174,676
Aug 20251,95418,77263.933.01$181,512
Jul 20251,78918,44966.743.32$180,560
Jun 20252,11517,42866.483.13$195,133
May 20252,09218,83260.553.23$187,542
Apr 20251,83918,15362.363.54$178,998
Mar 20252,29518,65867.704.27$235,010
Feb 20252,22316,87370.884.34$230,809
Jan 20252,54419,46674.324.28$272,359
Dec 20242,15118,37268.993.12$205,743
Nov 20242,51220,43069.052.20$218,368
Oct 20242,86224,92571.372.28$261,125
Sep 20243,55732,09969.612.36$323,496
Aug 20242,54923,72875.632.06$241,747
Jul 20242,40121,40879.932.15$237,866
Jun 20244,87623,79578.082.63$443,394
May 20242,60824,93778.812.20$260,359
Apr 20242,88024,36284.451.66$283,637
Mar 20242,51225,12780.301.55$240,538
Feb 20242,91325,00176.091.78$266,243
Jan 20242,97424,77973.023.30$298,874
Dec 20232,89927,76371.262.61$279,064
Nov 20233,04027,77977.892.81$314,777
Oct 20233,07928,96085.443.09$352,477
Sep 20233,12029,81989.042.74$359,361
Aug 20233,44931,53180.522.67$361,992
Jul 20233,41132,30274.852.64$340,649
Jun 20233,89232,48168.962.26$341,750
May 20234,54435,30470.622.23$399,533
Apr 20231,2417,86378.122.24$114,542
Mar 2023043472.852.39$1,039
Feb 20237106,42875.112.47$69,177
Jan 20233,06425,11076.533.39$319,554
Dec 20223,50625,28176.415.73$412,730
Nov 20223,16325,71085.005.65$414,019
Oct 20223,35326,83787.185.86$449,680
Sep 20223,49826,35584.888.16$512,064
Aug 20223,32025,30594.529.13$544,769
Jul 20223,93629,410101.587.54$621,631
Jun 20223,25025,682115.097.98$578,913
May 20224,46929,575109.378.43$738,182
Apr 20222,26718,653104.226.84$363,808
Mar 20224,00530,705108.885.08$591,935
Feb 20223,81327,11991.054.86$478,941
Jan 20224,04930,51881.844.54$469,851
Dec 20214,37432,02571.323.90$436,823
Nov 20214,39925,40177.435.24$473,636
Oct 20214,57324,96779.795.71$507,538
Sep 20214,97126,84069.865.35$490,893
Aug 20214,98825,58066.024.22$437,270
Jul 20212,0439,01570.783.98$180,502
Jun 20212,61011,22869.493.38$219,327
May 20215,88124,66263.483.02$447,748
Apr 20215,76930,41560.362.76$432,114
Mar 20215,93231,51561.302.72$449,256
Feb 20214,85524,18857.805.55$414,813
Jan 20217,04436,22150.412.81$456,879
Dec 20206,34632,84444.642.68$371,158
Nov 20205,75326,36638.772.71$294,405
Oct 20205,67727,71236.972.48$278,561
Sep 20203,65814,29537.091.99$164,137
Aug 20207,50119,94539.982.39$347,461
Jul 20206,61117,22838.371.83$285,107
Jun 20201,0853,06834.901.69$43,052
May 20206,47815,02616.921.81$136,876
Apr 20205,52916,11814.751.80$110,636
Mar 20202,2807,59730.341.86$83,277
Feb 20205,40117,38549.881.98$303,836
Jan 20203,12516,60157.252.09$213,681
Dec 20194,95521,75659.012.30$342,528
Nov 20194,60517,05755.302.75$301,575
Oct 20195,36917,04653.472.42$328,307
Sep 20196,07924,84155.052.66$400,658
Aug 20196,75221,81653.112.30$408,871
Jul 20195,94426,78856.272.46$400,369
Jun 20196,11328,32852.782.49$393,215
May 20196,90630,24358.482.74$486,738
Apr 20191,13282062.632.75$73,153
Mar 20193,39511,49356.803.06$228,029
Feb 20196,42027,97050.852.79$404,555
Jan 20196,57525,60746.033.23$385,311
Dec 201813,23355,12046.594.19$847,227
Nov 20184,48017,74152.934.24$312,299
Oct 20187,50632,93161.443.40$573,071
Sep 20188,37737,24159.543.11$614,512
Aug 20188,65440,76959.403.07$639,068
Jul 20188,59835,63265.142.93$664,542
Jun 201811,14244,80960.183.08$808,399
May 201812,21152,95265.382.90$951,958
Apr 201811,79747,37163.842.90$890,534
Mar 201812,32849,92361.222.79$893,848
Feb 201810,60941,12561.782.77$769,181
Jan 201811,58942,39962.874.01$898,592
Dec 201711,93240,02757.272.92$800,285
Nov 201712,79150,00655.423.12$864,814
Oct 201715,27156,83449.292.98$922,282
Sep 201714,32448,92247.523.09$831,712
Aug 201715,38956,62445.373.00$868,320
Jul 201715,39451,22843.873.09$833,490
Jun 201710,97239,96642.493.09$589,587
May 201715,08248,90745.373.26$843,873
Apr 201715,57250,71347.933.21$909,236
Mar 201715,77854,92346.772.98$901,810
Feb 201715,64755,06050.452.95$951,961
Jan 201719,45268,33349.413.42$1,194,740
Dec 201616,09257,45048.763.72$998,523
Nov 20167,24224,92442.492.64$373,620
Oct 201619,47066,58346.193.09$1,105,078
Sep 201627,54499,10341.553.10$1,451,735
Aug 201636,793140,83641.442.92$1,936,554
Jul 201625,44298,51141.622.92$1,346,976
Jun 201602845.352.69$75
May 20160042.521.99$0

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         1,640 bbl  × $106.41 =   $174,512
Gas               16,439 Mcf  × $  3.05 =    $50,071

────────────────────────────────────────────────────
Month total                                 $224,583

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/282009 is the state's own key, not one this site invented.