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STATE APACHE 56-57-T3

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 282448District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.4 M
Jul 2016 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
119
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 Gas112017-10-27220991
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
CondensateDisposition302,788 bbl$18,771,905
GasProduction1,740,229 Mcf$5,600,016
Total$24,371,920

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 31.7374, -103.8909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73743, -103.89089 · 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
10,276 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 10,276 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-389351591202H10,276 ftJul 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 (119)

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

119 months

May 20261,2345,703106.413.05$148,680
Apr 20261,6528,62598.932.87$188,184
Mar 20263,82421,70989.753.15$411,575
Feb 20261,1637,97163.503.75$103,744
Jan 20268933,43459.138.00$80,268
Dec 20251,4589,62956.664.41$125,107
Nov 20252,09212,74258.593.93$172,601
Oct 20252,15512,70359.383.30$169,945
Sep 20251,85312,54462.743.08$154,854
Aug 20252,38213,62163.933.01$193,345
Jul 20252,51314,77666.743.32$216,703
Jun 20252,42012,12166.483.13$198,805
May 20252,46512,43660.553.23$189,453
Apr 20252,85412,65262.363.54$222,803
Mar 20254,02014,42167.704.27$333,707
Feb 20252,84213,78270.884.34$261,266
Jan 20251,87215,14574.324.28$203,928
Dec 20242,87518,80368.993.12$257,037
Nov 20242,62116,87969.052.20$218,088
Oct 20242,90617,46771.372.28$247,250
Sep 20242,43417,82369.612.36$211,571
Aug 20242,60919,16175.632.06$236,860
Jul 20243,15621,72879.932.15$298,900
Jun 20243,11320,98178.082.63$298,327
May 20243,29221,59078.812.20$306,907
Apr 20243,86523,28084.451.66$365,025
Mar 20245,09626,41180.301.55$450,017
Feb 20245,40326,87076.091.78$459,041
Jan 20243,48516,38073.023.30$308,490
Dec 202316871.262.61$249
Nov 202397077.892.81$898
Oct 202314210685.443.09$12,460
Sep 20236381,68989.042.74$61,427
Aug 20231,1365,38080.522.67$105,851
Jul 20234771,26674.852.64$39,048
Jun 20231,6636,04068.962.26$128,322
May 20231,6785,71070.622.23$131,219
Apr 202394167178.122.24$75,012
Mar 2023536,04372.852.39$18,323
Feb 20234507,73575.112.47$52,872
Jan 20232,1005,51976.533.39$179,410
Dec 20221,9904,84576.415.73$179,813
Nov 20222,4958,25085.005.65$258,656
Oct 20221,6557,75187.185.86$189,733
Sep 20221,6839,46984.888.16$220,155
Aug 20222,10212,01094.529.13$308,298
Jul 20221,6638,490101.587.54$232,960
Jun 20221,8168,759115.097.98$278,876
May 20222,10611,929109.378.43$330,931
Apr 20222,24710,789104.226.84$307,953
Mar 20221,9589,097108.885.08$259,367
Feb 20222,17510,02891.054.86$246,758
Jan 20222,67410,49281.844.54$266,450
Dec 20211,84712,35571.323.90$179,902
Nov 20211,9598,26477.435.24$194,963
Oct 20212,4127,32379.795.71$234,296
Sep 20215,11813,11569.865.35$427,721
Aug 20213,47710,38666.024.22$273,387
Jul 20214,15411,66370.783.98$340,463
Jun 20213,4317,94769.493.38$265,286
May 20213,7968,79363.483.02$267,504
Apr 20211,5758,15560.362.76$117,562
Mar 20212,27211,73361.302.72$171,151
Feb 20212,03412,58457.805.55$187,381
Jan 20212,26312,46350.412.81$149,102
Dec 20201,02610,56944.642.68$74,078
Nov 20201,03612,25038.772.71$73,321
Oct 20205413,75736.972.48$36,092
Sep 202009,51537.091.99$18,945
Aug 2020011,49739.982.39$27,421
Jul 2020011,88738.371.83$21,695
Jun 2020014,82634.901.69$25,061
May 2020218,30916.921.81$33,260
Apr 20202517,28614.751.80$31,559
Mar 202083219,19830.341.86$60,879
Feb 20201,06517,91149.881.98$88,598
Jan 20202,50913,94457.252.09$172,849
Dec 20197488,09259.012.30$62,786
Nov 20192,6322,10855.302.75$151,348
Oct 20194,4292,68553.472.42$243,312
Sep 20193,76182355.052.66$209,230
Aug 20191,3385,47153.112.30$83,668
Jul 20191,9013,53256.272.46$115,658
Jun 20191,6985,33452.782.49$102,909
May 20191,61710,94658.482.74$124,558
Apr 20191,44318,11462.632.75$140,201
Mar 20191,9389,33856.803.06$138,672
Feb 20192,28211,94550.852.79$149,393
Jan 20191,58912,64446.033.23$113,959
Dec 20181,31214,72346.594.19$122,748
Nov 201871215,33952.934.24$102,681
Oct 20182,39319,77961.443.40$214,237
Sep 20182,8137,81159.543.11$191,763
Aug 20182,17214,68859.403.07$174,058
Jul 20182,96516,25565.142.93$240,798
Jun 20182,03513,75260.183.08$164,780
May 20181,69615,47365.382.90$155,769
Apr 20181,09317,91963.842.90$121,757
Mar 201891518,22661.222.79$106,809
Feb 20182,10017,03861.782.77$176,867
Jan 20181,62120,40662.874.01$183,726
Dec 20172,36421,32757.272.92$197,694
Nov 20171525,97355.423.12$81,824
Oct 201750419,82349.292.98$83,988
Sep 20171,2487,09447.523.09$81,206
Aug 20175,02619,55145.373.00$286,769
Jul 20175,12019,05643.873.09$283,446
Jun 20174,14321,06142.493.09$241,057
May 20175,53419,83645.373.26$315,810
Apr 20174,81122,15747.933.21$301,751
Mar 20176,68031,11346.772.98$405,255
Feb 20175,69324,75350.452.95$360,298
Jan 20178,28830,08049.413.42$512,348
Dec 20169,19533,40748.763.72$572,717
Nov 201615,03747,48642.492.64$764,492
Oct 201613,42149,26046.193.09$772,142
Sep 20165,48161,23741.553.10$417,609
Aug 20167,19586,16641.442.92$550,139
Jul 20162,54419,08541.622.92$161,692

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         1,234 bbl  × $106.41 =   $131,310
Gas                5,703 Mcf  × $  3.05 =    $17,370

────────────────────────────────────────────────────
Month total                                 $148,680

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/282448 is the state's own key, not one this site invented.