STATE FLOYD 33-96 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 283768District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.3 M
May 2017 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
109
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 Gas112018-06-28221304
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
CondensateDisposition427,238 bbl$25,939,090
GasProduction1,364,106 Mcf$4,381,830
Total$30,320,920

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 31.7663, -103.7138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76635, -103.71383 · 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
11,114 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 11,114 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-301330464601H11,114 ftMay 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 (109)

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

109 months

May 20261,8667,457106.413.05$221,274
Apr 20261,9408,47198.932.87$216,234
Mar 20261,8743,68889.753.15$179,807
Feb 20262,1242,33063.503.75$143,612
Jan 20262,2542,28459.138.00$151,546
Dec 20252,2292,29156.664.41$136,406
Nov 20252,3262,36258.593.93$145,555
Oct 20252,2043,05559.383.30$140,970
Sep 20252,2212,62362.743.08$147,416
Aug 20252,0453,22263.933.01$140,450
Jul 20252,0143,70266.743.32$146,687
Jun 20252,3234,02066.483.13$167,010
May 20252,3553,72060.553.23$154,619
Apr 20252,1284,94362.363.54$150,216
Mar 20251,8042,18567.704.27$131,457
Feb 20252,3382,55070.884.34$176,787
Jan 20251,7331,54574.324.28$135,407
Dec 20241,4861,15868.993.12$106,134
Nov 20242,6554,74769.052.20$193,764
Oct 20241,9794,74871.372.28$152,073
Sep 20242,4804,61669.612.36$183,547
Aug 20242,5245,44075.632.06$202,116
Jul 20241,2501,51579.932.15$103,165
Jun 20242,2663,50478.082.63$186,159
May 20242,3214,58078.812.20$192,987
Apr 20243,1686,78884.451.66$278,800
Mar 20242,9417,31480.301.55$247,463
Feb 20242,8477,19576.091.78$229,462
Jan 20242,4655,44273.023.30$197,940
Dec 20233,23213,64971.262.61$265,946
Nov 20233,11920,46077.892.81$300,382
Oct 20232,1757,94285.443.09$210,351
Sep 20232,3968,76289.042.74$237,304
Aug 20232,4606,32680.522.67$214,988
Jul 20232,10010,71974.852.64$185,502
Jun 20231,3947,15668.962.26$112,292
May 20232,69215,60270.622.23$224,861
Apr 20232,22812,13878.122.24$201,213
Mar 20232,81210,27972.852.39$229,453
Feb 20233,09811,68475.112.47$261,500
Jan 20232,7389,79076.533.39$242,705
Dec 20223,1888,94776.415.73$294,853
Nov 20222,2869,88285.005.65$250,106
Oct 20222,7908,40287.185.86$292,500
Sep 20222,7639,30684.888.16$310,495
Aug 20223,58210,68294.529.13$436,067
Jul 20222,9978,489101.587.54$368,460
Jun 20223,2837,446115.097.98$437,239
May 20222,9238,359109.378.43$390,180
Apr 20223,2367,984104.226.84$391,847
Mar 20223,3767,838108.885.08$407,368
Feb 20222,4276,91991.054.86$254,597
Jan 20222,7718,78281.844.54$266,629
Dec 20214,36912,09571.323.90$358,757
Nov 20219513,75277.435.24$93,285
Oct 20211,6947,72579.795.71$179,304
Sep 20218474,29769.865.35$82,164
Aug 20212461,30166.024.22$21,732
Jul 202128095470.783.98$23,617
Jun 20211,3436,04169.493.38$113,747
May 20212,2385,11163.483.02$157,492
Apr 20212,50610,25760.362.76$179,555
Mar 20212,7289,08561.302.72$191,910
Feb 20211,5376,75357.805.55$126,304
Jan 20214,0975,35950.412.81$221,590
Dec 20201,2252,58344.642.68$61,595
Nov 20204,8189,12338.772.71$211,486
Oct 20203,4049,18636.972.48$148,613
Sep 20202,5694,76837.091.99$104,777
Aug 20201,40291939.982.39$58,244
Jul 20204,4839,41138.371.83$189,189
Jun 20203,0967,67834.901.69$121,029
May 20204,53711,70016.921.81$97,999
Apr 20204,2939,60414.751.80$80,651
Mar 20205,61611,98630.341.86$192,638
Feb 20203,0673,54649.881.98$160,005
Jan 20205,50610,28457.252.09$336,761
Dec 20194,0658,53659.012.30$259,546
Nov 20195,79212,95255.302.75$355,925
Oct 20196,39016,55653.472.42$381,715
Sep 20196,18821,48055.052.66$397,728
Aug 20196,27820,51053.112.30$380,687
Jul 20197,31622,40656.272.46$466,791
Jun 20196,41421,30252.782.49$391,598
May 20197,66718,26558.482.74$498,418
Apr 20193,51514,29962.632.75$259,477
Mar 20195,42233,49356.803.06$410,529
Feb 20192,70028,26350.852.79$216,212
Jan 20196,62437,22846.033.23$425,081
Dec 20185,47318,11746.594.19$330,815
Nov 20184,52013,74352.934.24$297,476
Oct 20183,20012,19361.443.40$238,041
Sep 20186,66724,09259.543.11$471,831
Aug 20185,55513,57759.403.07$371,602
Jul 20188,34431,28165.142.93$635,240
Jun 20186,84717,61860.183.08$466,262
May 20188,46627,15265.382.90$632,270
Apr 20188,38832,14963.842.90$628,748
Mar 20185,09028,99961.222.79$392,425
Feb 201811,57740,44061.782.77$827,089
Jan 20186,89224,55162.874.01$531,733
Dec 201710,89338,41557.272.92$736,072
Nov 20174,57219,76355.423.12$315,008
Oct 201710,21632,10649.292.98$599,341
Sep 201711,87646,24747.523.09$707,125
Aug 201720,20276,03945.373.00$1,145,016
Jul 201714,75958,92243.873.09$829,386
Jun 20176,84328,63042.493.09$379,148
May 20171,4096,22645.373.26$84,244

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         1,866 bbl  × $106.41 =   $198,561
Gas                7,457 Mcf  × $  3.05 =    $22,713

────────────────────────────────────────────────────
Month total                                 $221,274

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/283768 is the state's own key, not one this site invented.