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STATE TRINITY 56-T2-34

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 284082District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.6 M
Jan 2018 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
101
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 Gas112018-06-15221608
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
CondensateDisposition367,253 bbl$22,778,453
GasProduction1,484,077 Mcf$4,854,312
Total$27,632,765

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 31.8103, -103.8464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81029, -103.84640 · 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
Jan 2018
1 of 1 wells

1 well

42-38935885W105H10,730 ftJan 2018——

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 (101)

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

101 months

May 20261,53310,019106.413.05$193,643
Apr 20261,77810,71798.932.87$206,652
Mar 20262,09512,54289.753.15$227,527
Feb 20262,11011,41563.503.75$176,795
Jan 20262,21010,37159.138.00$213,624
Dec 20252,17711,96256.664.41$176,141
Nov 20251,2336,86658.593.93$99,200
Oct 20252,00910,40459.383.30$153,678
Sep 20251,65910,25362.743.08$135,633
Aug 20251,4219,88963.933.01$120,657
Jul 20251,83310,70466.743.32$157,820
Jun 20251,13810,58766.483.13$108,778
May 20252,19813,79760.553.23$177,685
Apr 20251,6318,76462.363.54$132,761
Mar 20251,54612,30767.704.27$157,194
Feb 2025828,51270.884.34$42,761
Jan 20251,25210,13674.324.28$136,417
Dec 20241,0979,58968.993.12$105,613
Nov 20241,8104,72769.052.20$135,373
Oct 20242,5135,20171.372.28$191,218
Sep 20242,2904,95569.612.36$171,122
Aug 20243,0276,57175.632.06$242,492
Jul 20243,5457,59679.932.15$299,657
Jun 20242,7266,59878.082.63$230,225
May 20243,6228,05778.812.20$303,163
Apr 20244,9208,71984.451.66$429,961
Mar 20244,58712,77580.301.55$388,075
Feb 20248101,67376.091.78$64,617
Jan 20241,0722,82973.023.30$87,607
Dec 20231,0814,12471.262.61$87,799
Nov 20231,1804,08677.892.81$103,382
Oct 20239675,19385.443.09$98,653
Sep 20231,5828,31689.042.74$163,606
Aug 20231,4988,52980.522.67$143,416
Jul 20231,3837,45374.852.64$123,207
Jun 20231,8099,31168.962.26$145,777
May 20231,6269,63770.622.23$136,294
Apr 20231,4308,24778.122.24$130,166
Mar 20231,2195,57672.852.39$102,148
Feb 20231,0263,55075.112.47$85,816
Jan 20234231,76476.533.39$38,348
Dec 202222965476.415.73$21,245
Nov 20221,1946,85085.005.65$140,166
Oct 20221,0943,95987.185.86$118,590
Sep 20221,9686,63884.888.16$221,234
Aug 20229165,00394.529.13$132,244
Jul 20221,1919,030101.587.54$189,087
Jun 202282911,092115.097.98$183,893
May 20229579,088109.378.43$181,307
Apr 20221,56813,893104.226.84$258,412
Mar 20221,92910,902108.885.08$265,372
Feb 20222,16210,91491.054.86$249,879
Jan 20222,87711,01681.844.54$285,441
Dec 20213,55114,62871.323.90$310,294
Nov 20213,40614,27377.435.24$338,472
Oct 20212,33710,73979.795.71$247,830
Sep 20212,70720,97069.865.35$301,320
Aug 20214,65315,81066.024.22$373,919
Jul 20213,69214,57870.783.98$319,371
Jun 20212,97314,48069.493.38$255,545
May 20213,73714,92463.483.02$282,260
Apr 20213,71414,05960.362.76$262,958
Mar 20214,21922,61661.302.72$320,071
Feb 20211,8538,90457.805.55$156,502
Jan 20213,47712,74850.412.81$211,101
Dec 20203,30613,52344.642.68$183,760
Nov 20205,70315,60738.772.71$263,347
Oct 20205,48015,34636.972.48$240,630
Sep 20204,65515,46837.091.99$203,451
Aug 20204,25816,36039.982.39$209,255
Jul 20202,20519,42438.371.83$120,057
Jun 20204315,34734.901.69$24,080
May 20201,12013,99916.921.81$44,355
Apr 20202,82219,35114.751.80$76,541
Mar 20203,21914,17530.341.86$123,977
Feb 20202,58114,08549.881.98$156,638
Jan 20203,83315,94657.252.09$252,842
Dec 20192,63414,57359.012.30$189,014
Nov 20193,22418,82655.302.75$230,072
Oct 20193,09020,58853.472.42$215,015
Sep 20193,59423,33055.052.66$259,844
Aug 20192,55819,25553.112.30$180,226
Jul 20194,18123,70456.272.46$293,578
Jun 20196,28129,11352.782.49$404,037
May 20196,82128,66758.482.74$477,449
Apr 20196,56223,00362.632.75$474,252
Mar 20196,65511,54356.803.06$413,350
Feb 20196,73722,86750.852.79$406,426
Jan 201911,57934,62346.033.23$644,751
Dec 20187,73428,60846.594.19$480,064
Nov 20186,96827,99952.934.24$487,455
Oct 20186,87028,80961.443.40$519,988
Sep 201811,20641,99459.543.11$797,723
Aug 20188,59027,43559.403.07$594,377
Jul 201882013965.142.93$53,822
Jun 201815,14531,94760.183.08$1,009,724
May 201814,53942,34365.382.90$1,073,388
Apr 201820,03763,46363.842.90$1,463,256
Mar 201820,99073,75161.222.79$1,490,540
Feb 201813,77138,55861.782.77$957,428
Jan 20184,67318,21962.874.01$366,837

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         1,533 bbl  × $106.41 =   $163,127
Gas               10,019 Mcf  × $  3.05 =    $30,516

────────────────────────────────────────────────────
Month total                                 $193,643

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/284082 is the state's own key, not one this site invented.