MineralRecord
Log inSign up

STATE LAZY ACRE 57-T2-44

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 283932District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$42.6 M
Jul 2017 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
107
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 Gas112018-06-12221310
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
CondensateDisposition528,277 bbl$32,095,512
GasProduction3,167,827 Mcf$10,470,772
Total$42,566,284

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 31.7809, -103.9774. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78094, -103.97743 · 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
10,730 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 10,730 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-38935706W101H10,730 ftJul 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 (107)

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

107 months

May 20261,46420,313106.413.05$217,654
Apr 20261,87218,89898.932.87$239,429
Mar 20261,68718,59489.753.15$209,969
Feb 20261,70414,79163.503.75$163,675
Jan 20261,51514,42859.138.00$204,976
Dec 20251,90815,64856.664.41$177,168
Nov 20251,68716,03158.593.93$161,786
Oct 20252,07115,88959.383.30$175,487
Sep 20252,04815,49762.743.08$176,175
Aug 20252,01915,47163.933.01$175,716
Jul 20251,88016,44766.743.32$179,996
Jun 20251,85916,61366.483.13$175,564
May 20251,1068,79660.553.23$95,400
Apr 20252,26614,89162.363.54$194,068
Mar 20252,11117,23267.704.27$216,466
Feb 20252,66016,37270.884.34$259,609
Jan 20252,59817,57074.324.28$268,260
Dec 20242,42922,67068.993.12$238,338
Nov 20242,59418,28269.052.20$219,308
Oct 20243,42425,77471.372.28$303,172
Sep 20243,28623,75069.612.36$284,892
Aug 20244,51230,81475.632.06$404,831
Jul 20246,01336,55379.932.15$559,083
Jun 20242,73322,56378.082.63$272,823
May 20241,1529,22178.812.20$111,061
Apr 20242,02817,89984.451.66$200,963
Mar 20242,43422,72880.301.55$230,568
Feb 20242,24321,80476.091.78$209,560
Jan 20241,99321,78873.023.30$217,378
Dec 20232,61324,09771.262.61$249,113
Nov 20232,53323,77677.892.81$264,048
Oct 20232,20121,69085.443.09$255,017
Sep 20232,40225,32289.042.74$283,131
Aug 20232,87726,40380.522.67$302,228
Jul 20232,37124,94074.852.64$243,356
Jun 20232,72626,55168.962.26$247,950
May 20233,28827,68670.622.23$293,866
Apr 20232,76827,00378.122.24$276,662
Mar 20233,18625,59972.852.39$293,363
Feb 20232,45122,97675.112.47$240,746
Jan 20233,80028,35376.533.39$386,866
Dec 20223,03125,91976.415.73$380,091
Nov 20222,26621,20085.005.65$312,309
Oct 20223,57729,31587.185.86$483,739
Sep 20223,36825,83684.888.16$496,793
Aug 20223,67622,61294.529.13$553,839
Jul 20222,94920,698101.587.54$455,665
Jun 20224,11126,085115.097.98$681,220
May 20222,79923,223109.378.43$501,967
Apr 20223,56125,684104.226.84$546,744
Mar 20223,73730,193108.885.08$560,156
Feb 20223,98926,26391.054.86$490,806
Jan 20222,67118,07681.844.54$300,618
Dec 20213,09128,17071.323.90$330,288
Nov 20214,14733,28277.435.24$495,395
Oct 20213,58630,54479.795.71$460,651
Sep 20214,75732,52469.865.35$506,357
Aug 20214,62531,50266.024.22$438,300
Jul 20212,12617,89770.783.98$221,746
Jun 20214,13031,53269.493.38$393,591
May 20215,39638,32563.483.02$458,190
Apr 20214,38727,65160.362.76$341,072
Mar 20216,29137,81661.302.72$488,382
Feb 20212,29014,46657.805.55$212,619
Jan 20215,91037,31750.412.81$402,794
Dec 20205,90231,77844.642.68$348,486
Nov 20203,77122,55538.772.71$207,248
Oct 20204,27125,40236.972.48$220,856
Sep 20205,31729,86737.091.99$256,674
Aug 20204,41029,47839.982.39$246,620
Jul 20206,09842,68238.371.83$311,880
Jun 20206,62737,14334.901.69$294,065
May 20205,65732,96616.921.81$155,541
Apr 20206,75036,19014.751.80$164,863
Mar 20207,32135,87730.341.86$288,715
Feb 20204,06819,78549.881.98$242,099
Jan 20201,3728,23557.252.09$95,797
Dec 20194,81919,16159.012.30$328,523
Nov 20196,78732,04655.302.75$463,470
Oct 20197,93551,08053.472.42$547,823
Sep 20198,16634,55655.052.66$541,363
Aug 20197,00621,13153.112.30$420,782
Jul 20191768,43356.272.46$30,649
Jun 20197,76112,14652.782.49$439,884
May 20198,58932,17158.482.74$590,444
Apr 20196,68723,62462.632.75$483,789
Mar 20193,65714,87256.803.06$253,257
Feb 20197,23929,36250.852.79$450,088
Jan 20195,37220,80846.033.23$314,445
Dec 2018059946.594.19$2,507
Nov 20186,99328,77352.934.24$492,058
Oct 20187,35634,55161.443.40$569,360
Sep 201810,34744,94459.543.11$755,746
Aug 201812,54154,97659.403.07$913,523
Jul 201813,00657,53265.142.93$1,015,888
Jun 20189,50950,41160.183.08$727,362
May 201814,54171,37265.382.90$1,157,726
Apr 201813,39464,69863.842.90$1,042,749
Mar 201816,38277,16861.222.79$1,217,961
Feb 20181,34270,40461.782.77$277,655
Jan 201814,52066,12762.874.01$1,177,997
Dec 20177,47338,24957.272.92$539,724
Nov 20176,58430,02755.423.12$458,520
Oct 201717,84184,13849.292.98$1,130,424
Sep 201717,62284,87147.523.09$1,099,418
Aug 201724,275110,56745.373.00$1,433,544
Jul 20177,81039,21943.873.09$463,705

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         1,464 bbl  × $106.41 =   $155,784
Gas               20,313 Mcf  × $  3.05 =    $61,870

────────────────────────────────────────────────────
Month total                                 $217,654

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/283932 is the state's own key, not one this site invented.