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STATE PERRYMAN 56-T3-34

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 285125District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.3 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
96
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 Gas112020-01-13223372
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
CondensateDisposition390,866 bbl$24,424,925
GasProduction2,392,782 Mcf$7,916,545
Total$32,341,470

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 31.6509, -103.8928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65093, -103.89279 · 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
10,449 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 10,449 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-38936547W108H10,449 ftJun 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 (96)

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

96 months

May 20261,95212,453106.413.05$245,642
Apr 20261,24711,64698.932.87$156,786
Mar 20261,78813,43089.753.15$202,770
Feb 20261,61111,88363.503.75$146,864
Jan 20261,97211,86159.138.00$211,468
Dec 20251,91911,90756.664.41$161,280
Nov 20251,82213,29558.593.93$158,953
Oct 20251,59714,74859.383.30$143,570
Sep 20251,95114,94462.743.08$168,387
Aug 20251,97416,60263.933.01$176,249
Jul 20253555,99966.743.32$43,581
Jun 20251,4219,90166.483.13$125,446
May 20251,92614,91260.553.23$164,820
Apr 20252,11113,90362.363.54$180,902
Mar 20251,97215,04567.704.27$197,721
Feb 20251,96614,63770.884.34$202,887
Jan 20252,17015,68574.324.28$228,386
Dec 20242,40118,39668.993.12$223,066
Nov 20241,94317,24569.052.20$172,076
Oct 20242,30618,16971.372.28$206,030
Sep 20242,31117,59169.612.36$202,460
Aug 20243,05321,47975.632.06$275,223
Jul 20241,06110,41179.932.15$107,154
Jun 20241,4129,86178.082.63$136,223
May 20241,95418,44178.812.20$194,536
Apr 20242,76018,45584.451.66$263,703
Mar 20242,31318,99180.301.55$215,077
Feb 20242,62718,36876.091.78$232,650
Jan 20242,62618,64173.023.30$253,222
Dec 20232,69421,10971.262.61$247,084
Nov 20232,58019,22877.892.81$254,940
Oct 20232,66922,09685.443.09$296,256
Sep 20232,39021,58689.042.74$271,844
Aug 20232,84120,05680.522.67$282,365
Jul 20232,47120,26074.852.64$238,477
Jun 20232,65123,32568.962.26$235,492
May 20232,83923,05170.622.23$251,834
Apr 20232,85223,11778.122.24$274,529
Mar 20233,58625,47672.852.39$322,208
Feb 20233,06121,80475.112.47$283,673
Jan 20232,32412,81276.533.39$221,259
Dec 20223,60416,78876.415.73$371,561
Nov 20222,17017,91085.005.65$285,573
Oct 20220087.185.86$0
Sep 20222,66820,55784.888.16$394,281
Aug 20223,68926,33594.529.13$589,048
Jul 20222,46419,838101.587.54$399,913
Jun 20223,71726,655115.097.98$640,422
May 20223,19526,530109.378.43$573,166
Apr 20224,26728,675104.226.84$640,775
Mar 20224,66031,962108.885.08$669,633
Feb 20223,61113,07791.054.86$392,321
Jan 20222,87911,83581.844.54$289,321
Dec 20212,32310,05471.323.90$204,878
Nov 20212,31610,60777.435.24$234,875
Oct 20211,7888,39979.795.71$190,655
Sep 20213,48715,57669.865.35$326,948
Aug 20214,11221,78766.024.22$363,428
Jul 20214,36623,90570.783.98$404,217
Jun 20213,00420,40969.493.38$277,743
May 20214,60925,82363.483.02$370,505
Apr 20214,57824,41260.362.76$343,667
Mar 20215,00726,98461.302.72$380,243
Feb 20212,87617,63157.805.55$264,049
Jan 20214,80727,94250.412.81$320,845
Dec 20205,18331,62644.642.68$315,983
Nov 20205,06354,76638.772.71$344,521
Oct 20203,04127,78336.972.48$181,284
Sep 20203,90736,68637.091.99$217,954
Aug 20203,90439,06239.982.39$249,249
Jul 20204,42723,69938.371.83$213,118
Jun 20203,57615,74034.901.69$151,408
May 20203,35319,24416.921.81$91,656
Apr 20205,63627,69614.751.80$133,105
Mar 20206,11429,18830.341.86$239,678
Feb 20202,92831,79649.881.98$209,026
Jan 20205,23721,16657.252.09$344,156
Dec 20196,01731,10959.012.30$426,750
Nov 20196,56835,18255.302.75$459,986
Oct 20196,19031,69653.472.42$407,637
Sep 20197,05636,08555.052.66$484,321
Aug 20196,88837,29453.112.30$451,760
Jul 201910,21645,61156.272.46$687,060
Jun 201910,96855,37652.782.49$716,844
May 201910,78551,76258.482.74$772,551
Apr 20193771,58562.632.75$27,971
Mar 20194,50719,33656.803.06$315,206
Feb 201910,14441,90650.852.79$632,833
Jan 20199,67240,30046.033.23$575,298
Dec 20188,42045,94546.594.19$584,588
Nov 20188,32343,69852.934.24$625,695
Oct 201812,83254,12361.443.40$972,312
Sep 201811,87855,65559.543.11$880,192
Aug 20187,27333,52459.403.07$534,820
Jul 201817,921118,06265.142.93$1,513,518
Jun 201812,78699,57160.183.08$1,075,833

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         1,952 bbl  × $106.41 =   $207,712
Gas               12,453 Mcf  × $  3.05 =    $37,930

────────────────────────────────────────────────────
Month total                                 $245,642

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/285125 is the state's own key, not one this site invented.