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STATE GERONIMO 57-T3-8

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 285012District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$41.3 M
Nov 2017 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
103
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 Gas112020-03-10222892
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
CondensateDisposition489,388 bbl$30,752,943
GasProduction3,154,301 Mcf$10,588,565
Total$41,341,508

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 31.7381, -103.9800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73814, -103.98004 · 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
10,108 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 10,108 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-38936105W101H10,108 ftJan 2020——

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 (103)

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

103 months

May 20261,84920,374106.413.05$258,808
Apr 20262,05819,51898.932.87$259,609
Mar 20261,48320,47789.753.15$197,590
Feb 20261,88418,86963.503.75$190,399
Jan 20261,89919,99259.138.00$272,182
Dec 20252,04121,49756.664.41$210,517
Nov 20251,67521,27858.593.93$181,685
Oct 20252,04921,43559.383.30$192,509
Sep 20252,22921,85462.743.08$207,090
Aug 20252,02723,34563.933.01$199,966
Jul 20252,07624,14266.743.32$218,588
Jun 20252,25422,79966.483.13$221,178
May 20251,90825,16660.553.23$196,874
Apr 20251,63220,36962.363.54$173,941
Mar 20254674,49067.704.27$50,781
Feb 20252,10721,16970.884.34$241,235
Jan 20252,61523,92274.324.28$296,701
Dec 20242,24724,82268.993.12$232,499
Nov 20242,40723,29969.052.20$217,425
Oct 20242,00721,37471.372.28$192,002
Sep 20242,29922,75469.612.36$213,832
Aug 20242,25124,04475.632.06$219,861
Jul 20242,94824,57379.932.15$288,382
Jun 20242,76525,22278.082.63$282,325
May 20242,34224,59678.812.20$238,646
Apr 20242,42924,11884.451.66$245,146
Mar 20242,95624,76280.301.55$275,627
Feb 20242,73422,88776.091.78$248,852
Jan 20242,81223,30173.023.30$282,171
Dec 20232,71426,50371.262.61$262,592
Nov 20233,33829,28777.892.81$342,222
Oct 20232,72128,12785.443.09$319,318
Sep 20232,85127,46189.042.74$328,960
Aug 20232,70727,80980.522.67$292,298
Jul 20232,80026,99274.852.64$280,887
Jun 20232,84627,68968.962.26$258,795
May 20233,42229,25570.622.23$306,824
Apr 20233,24729,18278.122.24$318,958
Mar 20233,32031,89772.852.39$318,197
Feb 20232,50425,01275.112.47$249,747
Jan 20234,08031,16876.533.39$417,831
Dec 20223,18832,21076.415.73$428,129
Nov 20223,83432,07585.005.65$506,992
Oct 20224,02635,29487.185.86$557,942
Sep 20223,52233,01084.888.16$568,430
Aug 20222,99320,43894.529.13$469,439
Jul 20223,96731,156101.587.54$637,949
Jun 20224,89831,278115.097.98$813,222
May 20225558,309109.378.43$130,770
Apr 20222,18113,417104.226.84$319,044
Mar 20224,71632,604108.885.08$678,989
Feb 20223,52718,32591.054.86$410,172
Jan 20223,90422,22581.844.54$420,353
Dec 20215,21533,84671.323.90$503,903
Nov 20215,31033,62477.435.24$587,237
Oct 20215,06031,59579.795.71$584,267
Sep 20215,58239,67469.865.35$602,251
Aug 20216,08839,44666.024.22$568,415
Jul 20215,16534,31170.783.98$502,208
Jun 20215,76440,78569.493.38$538,419
May 20213,72827,12463.483.02$318,505
Apr 20216,70144,78860.362.76$528,016
Mar 20216,35148,75961.302.72$521,792
Feb 20218804,16357.805.55$73,960
Jan 20215,59338,49450.412.81$390,122
Dec 20206,71438,60544.642.68$402,999
Nov 20206,30945,79638.772.71$368,550
Oct 20206,05844,04736.972.48$333,132
Sep 20206,04037,37737.091.99$298,443
Aug 20203,86523,72039.982.39$211,097
Jul 20201,96714,10438.371.83$101,215
Jun 20202,85918,58034.901.69$131,185
May 20203,41019,58216.921.81$93,234
Apr 20204,75826,74114.751.80$118,431
Mar 20208,79054,20630.341.86$367,307
Feb 20205,93330,91949.881.98$357,178
Jan 20202,77211,94357.252.09$183,714
Dec 20195,18919,21659.012.30$350,483
Nov 20195,86225,20755.302.75$393,505
Oct 20198,94342,43953.472.42$580,823
Sep 20198,26645,22855.052.66$575,227
Aug 20198,52527,30953.112.30$515,693
Jul 201910,60039,98156.272.46$694,818
Jun 20196,9117,17252.782.49$382,629
May 20195,82819,63258.482.74$394,619
Apr 20196,89334,77762.632.75$527,370
Mar 20198,66643,79556.803.06$626,333
Feb 20198,70863,71150.852.79$620,697
Jan 20194,95522,55746.033.23$300,897
Dec 201811,28251,72246.594.19$742,108
Nov 201812,99054,65752.934.24$919,156
Oct 201811,91048,41961.443.40$896,282
Sep 20185,68326,17659.543.11$419,721
Aug 201810,72746,21359.403.07$778,899
Jul 201811,52656,43165.142.93$916,253
Jun 2018047,87560.183.08$147,308
May 201813,82563,43565.382.90$1,087,891
Apr 201810,72953,13863.842.90$839,082
Mar 201815,06475,63161.222.79$1,132,990
Feb 201813,91669,86861.782.77$1,052,994
Jan 201810,59748,37262.874.01$860,172
Dec 20178,74042,82457.272.92$625,651
Nov 20171,8309,11655.423.12$129,846

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         1,849 bbl  × $106.41 =   $196,752
Gas               20,374 Mcf  × $  3.05 =    $62,056

────────────────────────────────────────────────────
Month total                                 $258,808

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/285012 is the state's own key, not one this site invented.