AMARILLO BY MORNING 54-T2-42

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 282869District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Jan 2017 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
113
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 Gas112017-12-20221033
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
CondensateDisposition188,392 bbl$11,389,868
GasProduction948,402 Mcf$2,906,085
Total$14,295,953

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 31.7957, -103.6958. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79567, -103.69582 · 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
11,400 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 11,400 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-301329641H11,400 ftJan 2017

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 (113)

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

113 months

May 20261,0324,973106.413.05$124,962
Apr 20261,1685,62098.932.87$131,678
Mar 20261,62010,48989.753.15$178,429
Feb 20261,81811,43063.503.75$158,309
Jan 20263,11512,66959.138.00$285,516
Dec 20252,0959,59156.664.41$161,031
Nov 20251,74311,03958.593.93$145,466
Oct 20251,4187,95359.383.30$110,484
Sep 20251,3926,05362.743.08$105,959
Aug 20251,0256,39663.933.01$84,811
Jul 20251,1717,05466.743.32$101,538
Jun 20251,5319,63666.483.13$131,929
May 20251,55910,46860.553.23$128,233
Apr 20251,1896,18562.363.54$96,060
Mar 20251,6198,03467.704.27$143,898
Feb 20252,2707,19770.884.34$192,139
Jan 20255444,64074.324.28$60,283
Dec 20243,89111,13868.993.12$303,206
Nov 20241,2886,98769.052.20$104,297
Oct 20241,3868,92071.372.28$119,269
Sep 20241,48910,43469.612.36$128,319
Aug 20241,5357,80375.632.06$132,195
Jul 20241,4859,47679.932.15$139,037
Jun 20248926,02578.082.63$85,517
May 20241,1956,54378.812.20$108,562
Apr 20248735,91684.451.66$83,541
Mar 20241,1468,51980.301.55$105,187
Feb 20241,0989,40876.091.78$100,327
Jan 20244993,92873.023.30$49,390
Dec 20232,28614,06371.262.61$199,615
Nov 20232,45111,82577.892.81$224,108
Oct 20233,53816,65585.443.09$353,705
Sep 20234,95523,28689.042.74$504,881
Aug 20231,89412,74280.522.67$186,563
Jul 20238093,28274.852.64$69,224
Jun 20231,2434,15068.962.26$95,090
May 20231,5385,59770.622.23$121,080
Apr 20231,3245,10478.122.24$114,852
Mar 20231,6876,40572.852.39$138,226
Feb 20231,4385,40275.112.47$121,328
Jan 20231,4233,79676.533.39$121,762
Dec 20222,1297,91176.415.73$208,000
Nov 20221,0377,94385.005.65$132,993
Oct 20223162,14887.185.86$40,144
Sep 20223271,24184.888.16$37,887
Aug 20226141,28294.529.13$69,736
Jul 2022646888101.587.54$72,318
Jun 20225611,216115.097.98$74,266
May 20223541,353109.378.43$50,127
Apr 202256756104.226.84$11,006
Mar 2022223768108.885.08$28,179
Feb 202219051991.054.86$19,821
Jan 20222771,28581.844.54$28,501
Dec 20211921,09371.323.90$17,955
Nov 202128795077.435.24$27,197
Oct 20212541,76279.795.71$30,335
Sep 20213461,64669.865.35$32,979
Aug 20215001,76966.024.22$40,476
Jul 20218753,72170.783.98$76,750
Jun 20218384,15369.493.38$72,272
May 20211,1706,26863.483.02$93,186
Apr 20211,0364,48960.362.76$74,916
Mar 20211,2962,56061.302.72$86,400
Feb 20217852,70757.805.55$60,391
Jan 20218573,09350.412.81$51,894
Dec 20207413,36844.642.68$42,089
Nov 20201,7125,30838.772.71$80,741
Oct 20208463,92736.972.48$41,009
Sep 20207333,45037.091.99$34,056
Aug 20209213,15239.982.39$44,339
Jul 20201,2276,13038.371.83$58,268
Jun 20201,0945,51134.901.69$47,496
May 20201,4859,25516.921.81$41,922
Apr 20201,57810,89914.751.80$42,941
Mar 20202,02114,23730.341.86$87,744
Feb 20202,31819,05349.881.98$153,360
Jan 20201,6779,87357.252.09$116,690
Dec 20191,2174,46959.012.30$82,113
Nov 20191,8189,55755.302.75$126,824
Oct 20191,8226,56453.472.42$113,298
Sep 20192,04620,35355.052.66$166,716
Aug 20191,88212,06253.112.30$127,748
Jul 20197835,62556.272.46$57,897
Jun 20191,4647,78152.782.49$96,654
May 20191,4488,20658.482.74$107,166
Apr 20191,1296,69262.632.75$89,117
Mar 20197006,33156.803.06$59,146
Feb 20193068,86150.852.79$40,302
Jan 201919410,09046.033.23$41,502
Dec 20181,1217,96746.594.19$85,573
Nov 20182,3323,96952.934.24$140,250
Oct 20182,2945,42461.443.40$159,375
Sep 20182,0038,26959.543.11$144,959
Aug 20181,8969,05259.403.07$140,381
Jul 20181,86113,33065.142.93$160,308
Jun 20181,54310,54460.183.08$125,301
May 20182,25813,77265.382.90$187,578
Apr 20182,48614,54263.842.90$200,890
Mar 20182,07812,68861.222.79$162,575
Feb 20182,7467,72461.782.77$191,013
Jan 20184,1868,91762.874.01$298,925
Dec 20171,6684,08857.272.92$107,470
Nov 20171,69311,29255.423.12$129,039
Oct 20173,58614,97749.292.98$221,441
Sep 20173,41715,92047.523.09$211,525
Aug 20173,95419,44545.373.00$237,814
Jul 20175,65423,77543.873.09$321,441
Jun 20177,10728,25142.493.09$389,195
May 20179,21436,96545.373.26$538,671
Apr 20179,18451,04947.933.21$604,138
Mar 20172,11115,58346.772.98$145,226
Feb 20170050.452.95$0
Jan 201701,75349.413.42$5,993

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         1,032 bbl  × $106.41 =   $109,815
Gas                4,973 Mcf  × $  3.05 =    $15,147

────────────────────────────────────────────────────
Month total                                 $124,962

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/282869 is the state's own key, not one this site invented.