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 282873District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.0 M
Jan 2017 – May 2026
Value, last 12 filed months
$1.2 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 Gas112017-12-21221034
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
CondensateDisposition231,948 bbl$14,154,827
GasProduction862,119 Mcf$2,809,374
Total$16,964,201

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 31.7959, -103.6936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79592, -103.69355 · 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
11,403 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 11,403 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-301329682H11,403 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 20268224,657106.413.05$101,654
Apr 20268764,36698.932.87$99,192
Mar 20261,1936,85589.753.15$128,661
Feb 20261,3778,04263.503.75$117,600
Jan 20261,3348,41859.138.00$146,206
Dec 20251,0066,80756.664.41$87,042
Nov 20251,3609,17358.593.93$115,700
Oct 20251,3986,58759.383.30$104,782
Sep 20251,2232,62062.743.08$84,793
Aug 20251,1193,52063.933.01$82,150
Jul 20251,1013,36566.743.32$84,636
Jun 20251,2394,16266.483.13$95,390
May 20251,3893,80060.553.23$96,387
Apr 20251,8187,34062.363.54$139,377
Mar 20252,16110,57667.704.27$191,441
Feb 20251,1713,05270.884.34$96,249
Jan 20253811,41474.324.28$34,366
Dec 20242,8452,91368.993.12$205,369
Nov 20241,5905,73769.052.20$122,402
Oct 20241,2343,42071.372.28$95,873
Sep 20241,4063,73669.612.36$106,705
Aug 20241,6105,84375.632.06$133,822
Jul 20241,4014,05779.932.15$120,691
Jun 20241,3844,83078.082.63$120,785
May 20242,0025,50378.812.20$169,876
Apr 20242,1469,23884.451.66$196,557
Mar 20242,95012,81980.301.55$256,692
Feb 20242,9468,91176.091.78$240,055
Jan 20242,0517,02673.023.30$172,933
Dec 20232,0869,23971.262.61$172,769
Nov 20231,3285,71077.892.81$119,469
Oct 20232,01511,36785.443.09$207,255
Sep 20232,14815,70889.042.74$234,220
Aug 20231,6005,22180.522.67$142,787
Jul 20231,3403,84674.852.64$110,459
Jun 20236941,79468.962.26$51,910
May 20235991,48970.622.23$45,618
Apr 20236641,70278.122.24$55,680
Mar 20231,0232,94872.852.39$81,581
Feb 20231,1902,04375.112.47$94,418
Jan 20237222,34976.533.39$63,212
Dec 20221,1192,56576.415.73$100,198
Nov 20221,9625,52285.005.65$197,948
Oct 20221,6124,08687.185.86$164,493
Sep 20229142,49784.888.16$97,965
Aug 20229884,50694.529.13$134,513
Jul 20221,5245,007101.587.54$192,571
Jun 20221,4225,425115.097.98$206,934
May 20221,7994,153109.378.43$231,779
Apr 20221,5893,805104.226.84$191,623
Mar 20221,4625,720108.885.08$188,220
Feb 20229392,68891.054.86$98,557
Jan 20222,3245,66781.844.54$215,911
Dec 20211,8606,06871.323.90$156,315
Nov 20211,4174,16677.435.24$131,535
Oct 20212,1196,28879.795.71$205,004
Sep 20211,7575,48369.865.35$152,083
Aug 20211,3152,87766.024.22$98,959
Jul 20211,2705,32970.783.98$111,111
Jun 20219764,95469.493.38$84,570
May 20211,2407,05863.483.02$100,014
Apr 20211,3225,74660.362.76$95,646
Mar 20211,0751,78461.302.72$70,745
Feb 20211,0462,58457.805.55$74,795
Jan 20211,5563,96450.412.81$89,578
Dec 20201,6965,45744.642.68$90,309
Nov 20201,4295,33138.772.71$69,831
Oct 20201,1605,39436.972.48$56,254
Sep 20201,3837,01137.091.99$65,255
Aug 20201,4128,10839.982.39$75,790
Jul 20201,92610,85138.371.83$93,705
Jun 20201,5939,84034.901.69$72,228
May 20201,4208,45516.921.81$39,370
Apr 20201,0936,05014.751.80$27,038
Mar 20201,0616,28530.341.86$43,857
Feb 20207915,99849.881.98$51,335
Jan 20201,1024,38657.252.09$72,277
Dec 20191,7716,06359.012.30$118,478
Nov 20191,7087,26155.302.75$114,425
Oct 20192,0356,70953.472.42$125,037
Sep 20191,3109,20555.052.66$96,576
Aug 20191,6997,59253.112.30$107,729
Jul 20191,2312,57156.272.46$75,593
Jun 20192,3882,45152.782.49$132,145
May 20192,5523,53858.482.74$158,936
Apr 20192,5203,02562.632.75$166,148
Mar 20193,3122,57256.803.06$195,997
Feb 20193,79295150.852.79$195,479
Jan 20194,36996646.033.23$204,223
Dec 20183,7145,58546.594.19$196,411
Nov 20181,5419,73252.934.24$122,802
Oct 20181,3837,85261.443.40$111,653
Sep 20181,6917,17259.543.11$122,973
Aug 20182,5748,65859.403.07$179,446
Jul 20182,7797,50565.142.93$203,028
Jun 20182,4206,47260.183.08$165,549
May 20183,2969,61165.382.90$243,372
Apr 20183,4966,79263.842.90$242,887
Mar 20183,1119,22961.222.79$216,175
Feb 20183,14414,82161.782.77$235,233
Jan 20181,99915,76362.874.01$188,876
Dec 20172,8117,84157.272.92$183,894
Nov 20173,58113,67255.423.12$241,093
Oct 20173,67213,03849.292.98$219,894
Sep 20173,97218,57947.523.09$246,108
Aug 20174,29822,87545.373.00$263,726
Jul 20175,49226,84343.873.09$323,806
Jun 20175,82630,81642.493.09$342,684
May 20178,20536,86445.373.26$492,563
Apr 201714,90570,80947.933.21$941,807
Mar 20178,73634,81246.772.98$512,451
Feb 20170050.452.95$0
Jan 2017056349.413.42$1,925

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           822 bbl  × $106.41 =    $87,469
Gas                4,657 Mcf  × $  3.05 =    $14,184

────────────────────────────────────────────────────
Month total                                 $101,654

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/282873 is the state's own key, not one this site invented.