STATE CALDWELL 57-T2-35X26 SA

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 282290District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.8 M
Nov 2015 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
127
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 Gas112017-07-17220417
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
CondensateDisposition304,462 bbl$16,678,342
GasProduction2,322,416 Mcf$7,079,581
Total$23,757,922

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 31.8249, -103.9371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82486, -103.93706 · 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
10,028 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 10,028 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-389347971H10,028 ftNov 2015

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 (127)

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

127 months

May 202674410,746106.413.05$111,900
Apr 202673610,81298.932.87$103,840
Mar 202692411,98089.753.15$120,659
Feb 202672010,10663.503.75$83,621
Jan 20267829,85559.138.00$125,059
Dec 202589511,29756.664.41$100,568
Nov 202575611,17558.593.93$88,172
Oct 202591912,04859.383.30$94,387
Sep 202556111,53162.743.08$70,677
Aug 202589412,09563.933.01$93,617
Jul 202571512,06366.743.32$87,710
Jun 202573610,94266.483.13$83,164
May 20251,11512,95160.553.23$109,375
Apr 202596212,50662.363.54$104,301
Mar 202599010,82667.704.27$113,232
Feb 20258198,38470.884.34$94,444
Jan 20251,0129,63074.324.28$116,416
Dec 20241,18211,79568.993.12$118,363
Nov 20241,15113,46469.052.20$109,076
Oct 20241,53214,11271.372.28$141,534
Sep 20241,15713,33369.612.36$112,063
Aug 20241,50314,25575.632.06$143,089
Jul 20241,46113,86879.932.15$146,547
Jun 20241,09314,88478.082.63$124,546
May 20241,28911,31378.812.20$126,457
Apr 20241,81011,07784.451.66$171,233
Mar 20241,57411,43480.301.55$144,059
Feb 20247908,29576.091.78$74,906
Jan 20242,04816,26873.023.30$203,191
Dec 20232,25820,65471.262.61$214,827
Nov 20231,86215,78977.892.81$189,360
Oct 2023060585.443.09$1,868
Sep 20232,01220,75389.042.74$235,909
Aug 20239,89172,30480.522.67$989,683
Jul 202314,48078,74374.852.64$1,291,851
Jun 20232,33020,88568.962.26$207,845
May 202392210,96370.622.23$89,531
Apr 202392910,31578.122.24$95,656
Mar 202393212,86372.852.39$98,679
Feb 20231,10711,53875.112.47$111,596
Jan 20231,48112,40676.533.39$155,369
Dec 202291011,05876.415.73$132,885
Nov 202290910,97585.005.65$139,232
Oct 202287813,07787.185.86$153,224
Sep 20225249,54184.888.16$122,367
Aug 202284611,55594.529.13$185,428
Jul 20221,41414,349101.587.54$251,855
Jun 202253510,294115.097.98$143,690
May 20221680109.378.43$18,374
Apr 20221,26612,156104.226.84$215,060
Mar 202291411,453108.885.08$157,656
Feb 20221,08510,19191.054.86$148,306
Jan 20221,25512,60281.844.54$159,893
Dec 202193712,76971.323.90$116,615
Nov 20211,68014,25577.435.24$204,734
Oct 20211,44914,10379.795.71$196,198
Sep 20212,20417,68569.865.35$248,602
Aug 202191114,03466.024.22$119,376
Jul 20211,64713,69970.783.98$171,125
Jun 20211,65214,07769.493.38$162,386
May 20211,97714,51563.483.02$169,301
Apr 20211,49416,90960.362.76$136,820
Mar 20211,68518,25861.302.72$152,896
Feb 202185411,38557.805.55$112,525
Jan 20212,00315,36950.412.81$144,162
Dec 20201,20015,58644.642.68$95,268
Nov 20201,30813,81238.772.71$88,094
Oct 20201,27315,96636.972.48$86,633
Sep 20201,27410,51637.091.99$68,190
Aug 20202,50519,55139.982.39$146,781
Jul 20202,53119,27938.371.83$132,301
Jun 20201,98117,78334.901.69$99,196
May 20202,19822,11116.921.81$77,316
Apr 20201,08515,34414.751.80$43,690
Mar 20201,78714,20530.341.86$80,585
Feb 20202,23319,95649.881.98$150,908
Jan 20201,39217,40057.252.09$116,140
Dec 20191,35614,78059.012.30$114,076
Nov 20191,14813,73055.302.75$101,252
Oct 20192,25721,40853.472.42$172,458
Sep 20192,78925,21255.052.66$220,530
Aug 20192,52622,89653.112.30$186,916
Jul 20191,90016,93756.272.46$148,579
Jun 20192,89318,61252.782.49$199,059
May 20192,81617,61558.482.74$212,950
Apr 20192,47120,89862.632.75$212,243
Mar 20194,24917,97956.803.06$296,397
Feb 20193,79922,48050.852.79$255,948
Jan 20194,63726,05446.033.23$297,548
Dec 20181867,37046.594.19$39,512
Nov 20182,47614,30852.934.24$191,681
Oct 20187,05324,74161.443.40$517,408
Sep 20182,95517,79659.543.11$231,251
Aug 20186372,33159.403.07$44,986
Jul 20182,43616,63565.142.93$207,453
Jun 20181,52015,62860.183.08$139,560
May 20181,50717,78265.382.90$150,110
Apr 20182,75016,91163.842.90$224,615
Mar 20182,49518,80161.222.79$205,139
Feb 20182,13016,31161.782.77$176,710
Jan 20182,88718,88162.874.01$257,206
Dec 20173,14719,73057.272.92$237,870
Nov 20173,00517,11855.423.12$219,917
Oct 20172,76618,23249.292.98$190,735
Sep 20172,71824,35447.523.09$204,347
Aug 20171,83119,77445.373.00$142,481
Jul 20173,68938,01043.873.09$279,184
Jun 20173,12235,44842.493.09$242,092
May 20173,52437,10145.373.26$280,959
Apr 20173,52936,33947.933.21$285,851
Mar 20173,48628,38246.772.98$247,723
Feb 20174,09419,75350.452.95$264,865
Jan 20171,89410,92949.413.42$130,947
Dec 20163,71324,99748.763.72$274,105
Nov 20164,23727,15442.492.64$251,835
Oct 20164,44429,71546.193.09$297,095
Sep 20164,98428,80441.553.10$296,396
Aug 20163,66923,34941.442.92$220,324
Jul 20164,72227,83041.622.92$277,914
Jun 20164,97126,89245.352.69$297,662
May 20165,34830,39142.521.99$287,907
Apr 20165,51129,28836.561.99$259,796
Mar 20167,08839,85033.011.79$305,466
Feb 20167,81545,24826.472.06$300,238
Jan 201612,13349,29227.352.36$448,382
Dec 201513,15855,33332.362.00$536,537
Nov 20154,95316,32638.792.17$227,511

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           744 bbl  × $106.41 =    $79,169
Gas               10,746 Mcf  × $  3.05 =    $32,731

────────────────────────────────────────────────────
Month total                                 $111,900

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/282290 is the state's own key, not one this site invented.