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PIVOT 21602 34

Operated by BTA OIL PRODUCERS, LLC (P-5 41867) 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 284477District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.2 M
Aug 2017 – May 2026
Value, last 12 filed months
$698 k
at the published price for each month
Months reported
106
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 Gas112019-02-06222931
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
CondensateDisposition170,101 bbl$10,525,323
GasProduction855,752 Mcf$2,718,770
Total$13,244,093

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 31.6630, -103.6823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66304, -103.68233 · 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
11,155 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 11,155 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-389357655H11,155 ftAug 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 (106)

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

106 months

May 20267094,041106.413.05$87,753
Apr 20266203,60098.932.87$71,668
Mar 20266312,94389.753.15$65,901
Feb 20265836,21563.503.75$60,329
Jan 20264352,93959.138.00$49,227
Dec 20256993,38956.664.41$54,562
Nov 20255732,39858.593.93$42,988
Oct 20257552,78059.383.30$54,019
Sep 20255193,33862.743.08$42,833
Aug 20256584,86563.933.01$56,733
Jul 20254654,91466.743.32$47,325
Jun 20257414,82766.483.13$64,364
May 202559913,12060.553.23$78,677
Apr 20256265,78762.363.54$59,541
Mar 202568612,80267.704.27$101,085
Feb 20254704,16170.884.34$51,376
Jan 20259754,61874.324.28$92,221
Dec 20247119,91368.993.12$79,994
Nov 20248449,17669.052.20$78,451
Oct 20248234,79271.372.28$69,670
Sep 20244724,56069.612.36$43,637
Aug 20247289,44175.632.06$74,541
Jul 20246696,06779.932.15$66,497
Jun 20244563,13678.082.63$43,865
May 20248445,33378.812.20$78,240
Apr 20247566,52284.451.66$74,666
Mar 20245858,65480.301.55$60,347
Feb 20246647,07376.091.78$63,139
Jan 20246525,33773.023.30$65,209
Dec 20237225,13071.262.61$64,843
Nov 20234682,41877.892.81$43,241
Oct 20238071,13685.443.09$72,457
Sep 20236061,02589.042.74$56,762
Aug 20236081,09180.522.67$51,872
Jul 202360689374.852.64$47,718
Jun 20236241,26668.962.26$45,890
May 20235651,69870.622.23$43,682
Apr 20238681,47078.122.24$71,098
Mar 20238471,11672.852.39$64,375
Feb 20237711,14375.112.47$60,728
Jan 20238581,47076.533.39$70,643
Dec 20228621,20476.415.73$72,763
Nov 20227911,98685.005.65$78,448
Oct 20228812,60287.185.86$92,063
Sep 20229371,98184.888.16$95,705
Aug 20227281,88294.529.13$85,988
Jul 20221,0282,078101.587.54$120,097
Jun 20225641,919115.097.98$80,219
May 20221,1285,590109.378.43$170,510
Apr 20221,2717,194104.226.84$181,653
Mar 20221,3535,519108.885.08$175,331
Feb 20229184,16591.054.86$103,821
Jan 20221,3243,47081.844.54$124,102
Dec 20211,0985,62771.323.90$100,250
Nov 20211,3936,51677.435.24$141,983
Oct 20216025,69979.795.71$80,597
Sep 20211,1106,11769.865.35$110,276
Aug 20211,1687,42466.024.22$108,445
Jul 20211,3337,66070.783.98$124,852
Jun 20211,3058,07669.493.38$117,986
May 20211,2978,84663.483.02$109,028
Apr 20211,30910,07160.362.76$106,791
Mar 20211,55710,08561.302.72$122,844
Feb 2021716057.805.55$4,437
Jan 20217644,95450.412.81$52,435
Dec 20201,5318,09344.642.68$89,996
Nov 20201,6458,64938.772.71$87,186
Oct 20201,1187,16636.972.48$59,093
Sep 20201,2816,54537.091.99$60,544
Aug 20201,8722,89239.982.39$81,740
Jul 20205972,48838.371.83$27,448
Jun 2020199134.901.69$817
May 2020142016.921.81$273
Apr 20206789014.751.80$2,594
Mar 20201,74310,03230.341.86$71,504
Feb 20201,1478,50349.881.98$74,054
Jan 20201,0467,68857.252.09$75,988
Dec 201991,07559.012.30$3,008
Nov 2019441,05555.302.75$5,335
Oct 20192,48819,81053.472.42$180,945
Sep 20191,62318,63555.052.66$138,865
Aug 20192,10619,93053.112.30$157,776
Jul 20193,02822,03156.272.46$224,583
Jun 20193,94930,27452.782.49$283,847
May 20194,01732,37358.482.74$323,627
Apr 20192,74315,78462.632.75$215,211
Mar 20193,13214,54656.803.06$222,439
Feb 20192,85712,85750.852.79$181,178
Jan 20193,27616,06946.033.23$202,668
Dec 20183,59618,02746.594.19$242,989
Nov 20183,89218,59652.934.24$284,799
Oct 20184,61518,24861.443.40$345,554
Sep 20182,80913,69059.543.11$209,796
Aug 20183,50115,84859.403.07$256,558
Jul 20183,33415,66365.142.93$263,099
Jun 20183,03312,42760.183.08$220,763
May 20185,38121,59465.382.90$414,450
Apr 20186,24322,63063.842.90$464,198
Mar 20186,61925,12361.222.79$475,229
Feb 20182,63312,02261.782.77$195,921
Jan 20186,69727,68962.874.01$532,054
Dec 20174,41516,18157.272.92$300,120
Nov 20177,74829,83255.423.12$522,421
Oct 20172,7463,96649.292.98$147,184
Sep 20174,9243,41547.523.09$244,532
Aug 20174,4735,98345.373.00$220,915

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           709 bbl  × $106.41 =    $75,445
Gas                4,041 Mcf  × $  3.05 =    $12,308

────────────────────────────────────────────────────
Month total                                  $87,753

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/284477 is the state's own key, not one this site invented.