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STATE TRINITY 56-T2-34

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 282064District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.8 M
Sep 2016 – May 2026
Value, last 12 filed months
$1.8 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 Gas112017-05-25220271
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
CondensateDisposition424,477 bbl$24,457,414
GasProduction1,648,247 Mcf$5,344,948
Total$29,802,362

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 31.8103, -103.8563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81032, -103.85631 · 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
10,566 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 10,566 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-389352701H10,566 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 20261,60611,295106.413.05$205,297
Apr 20261,86910,80798.932.87$215,913
Mar 20261,3119,81989.753.15$148,587
Feb 20261,6769,51663.503.75$142,114
Jan 20261,1646,30259.138.00$119,230
Dec 20251,70210,31956.664.41$141,977
Nov 20251,5107,95458.593.93$119,702
Oct 20251,68410,64559.383.30$135,176
Sep 20251,6659,83862.743.08$134,733
Aug 20251,64510,70863.933.01$137,447
Jul 20251,64212,06566.743.32$149,585
Jun 20251,80610,43466.483.13$152,708
May 20251,67910,20960.553.23$134,662
Apr 20251,6288,76162.363.54$132,563
Mar 20251,92110,01567.704.27$172,799
Feb 20256,7677,36870.884.34$511,628
Jan 20251,9988,48074.324.28$184,775
Dec 20242,20610,80468.993.12$185,915
Nov 20242,68912,37769.052.20$212,886
Oct 20242,24812,87971.372.28$189,822
Sep 20241,2226,83969.612.36$101,233
Aug 20241,7639,33175.632.06$152,591
Jul 20241,6569,06079.932.15$151,812
Jun 20242,5548,49078.082.63$221,779
May 20241,6439,46178.812.20$150,284
Apr 20241,9718,21184.451.66$180,075
Mar 20241,9637,64680.301.55$169,443
Feb 20243,1078,02476.091.78$250,724
Jan 20241,6878,78373.023.30$152,148
Dec 20231,6959,94471.262.61$146,747
Nov 20232,2249,90977.892.81$201,047
Oct 20233,12710,55485.443.09$299,754
Sep 20231,85410,82789.042.74$194,692
Aug 20231,83710,32380.522.67$175,507
Jul 20231,4738,80574.852.64$133,515
Jun 20231,83210,08468.962.26$149,109
May 20232,0309,94570.622.23$165,510
Apr 20232,05010,08278.122.24$182,707
Mar 20231,6579,09172.852.39$142,469
Feb 20231,6918,34475.112.47$147,585
Jan 20232,0277,98776.533.39$182,184
Dec 20223681,44476.415.73$36,392
Nov 20221,1095,23485.005.65$123,817
Oct 20222,0617,84587.185.86$225,679
Sep 20221,3897,37584.888.16$178,105
Aug 20222,16911,04494.529.13$305,814
Jul 20222,19511,118101.587.54$306,821
Jun 20221,7508,628115.097.98$270,235
May 20221,94710,471109.378.43$301,246
Apr 20222,35511,198104.226.84$322,006
Mar 20222,19711,880108.885.08$299,517
Feb 20222,0367,98191.054.86$224,156
Jan 20222,91511,06981.844.54$288,791
Dec 20212,61412,86671.323.90$236,597
Nov 20212,1967,42377.435.24$208,909
Oct 20212,79014,06879.795.71$302,997
Sep 20212,92512,61269.865.35$271,826
Aug 20211,6437,46166.024.22$139,961
Jul 20211,6897,45070.783.98$149,214
Jun 20217388,36669.493.38$79,566
May 20212,41515,02163.483.02$198,633
Apr 20213,52816,19260.362.76$257,614
Mar 20212,02011,51161.302.72$155,101
Feb 20211,80910,02457.805.55$160,173
Jan 20212,69812,61350.412.81$171,452
Dec 20202,42314,78144.642.68$147,709
Nov 20203,35417,43538.772.71$177,224
Oct 20202,6339,57136.972.48$121,063
Sep 20202,93612,99037.091.99$134,760
Aug 20203,24815,21939.982.39$166,154
Jul 20203,27314,74638.371.83$152,498
Jun 20201,8179,67034.901.69$79,759
May 20203,65614,35416.921.81$87,908
Apr 20203,45814,74314.751.80$77,607
Mar 20205,33516,49730.341.86$192,486
Feb 20204,45715,81149.881.98$253,632
Jan 20203,84217,47757.252.09$256,564
Dec 20193,0538,97159.012.30$200,830
Nov 20192,4977,37655.302.75$158,373
Oct 20193,39111,00153.472.42$207,923
Sep 20195743,29455.052.66$40,352
Aug 20192,65711,63153.112.30$167,915
Jul 20192,3237,51856.272.46$149,210
Jun 20192,4889,32352.782.49$154,542
May 20192,2999,97358.482.74$161,775
Apr 20193,63011,61362.632.75$259,291
Mar 20193,31512,22256.803.06$225,717
Feb 20193,28810,98050.852.79$197,853
Jan 20192,40710,91646.033.23$146,033
Dec 20182,81511,26646.594.19$178,304
Nov 20183,54013,30952.934.24$243,766
Oct 20182,59312,63961.443.40$202,262
Sep 20183,51614,13259.543.11$253,265
Aug 20182,98214,81559.403.07$222,562
Jul 20183,11511,49265.142.93$236,604
Jun 20185,00821,90560.183.08$368,781
May 20189,86228,51165.382.90$727,482
Apr 20188,97231,08363.842.90$662,938
Mar 20189,77938,25461.222.79$705,278
Feb 20184,58624,00261.782.77$349,715
Jan 20182,3435,40862.874.01$168,987
Dec 20176,05117,17357.272.92$396,712
Nov 20174,36717,60255.423.12$296,909
Oct 20177,91526,66049.292.98$469,675
Sep 20177,67027,13247.523.09$448,242
Aug 20178,94930,34745.373.00$497,191
Jul 201710,04932,88043.873.09$542,359
Jun 20179,79429,93442.493.09$508,562
May 201710,88433,47945.373.26$603,062
Apr 201711,34433,07147.933.21$649,929
Mar 20175,82816,77446.772.98$322,624
Feb 201711,55927,61050.452.95$664,673
Jan 201713,02238,87049.413.42$776,306
Dec 201614,83440,58748.763.72$874,404
Nov 201621,18766,81542.492.64$1,076,918
Oct 201618,52460,62246.193.09$1,042,961
Sep 2016053441.553.10$1,656

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         1,606 bbl  × $106.41 =   $170,894
Gas               11,295 Mcf  × $  3.05 =    $34,403

────────────────────────────────────────────────────
Month total                                 $205,297

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/282064 is the state's own key, not one this site invented.