STATE ANNEX 57-T2-28

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 287067District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.4 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
condensate, gas

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 Gas112019-12-05223752
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
CondensateDisposition318,854 bbl$20,037,081
GasProduction2,125,401 Mcf$7,389,066
Total$27,426,148

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 31.8248, -103.9647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82480, -103.96472 · 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
9,972 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 9,972 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-38936711W101H9,972 ftMay 2019

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 (95)

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

95 months

May 20261,42018,944106.413.05$208,803
Apr 202687214,87098.932.87$128,940
Mar 20261,25416,62889.753.15$164,915
Feb 20261,26015,07163.503.75$136,531
Jan 20261,66517,10259.138.00$235,232
Dec 20251,80317,45956.664.41$179,211
Nov 20251,63317,33658.593.93$163,746
Oct 20251,43117,77459.383.30$143,713
Sep 20251,41416,61462.743.08$139,834
Aug 20251,59317,50263.933.01$154,605
Jul 20251,22115,99666.743.32$134,519
Jun 20251,58516,05566.483.13$155,602
May 20251,58319,09260.553.23$157,562
Apr 20251,64316,06962.363.54$159,392
Mar 20251,59818,43267.704.27$186,858
Feb 20251,57016,07470.884.34$181,056
Jan 20252,12717,52174.324.28$233,045
Dec 20241,70118,64368.993.12$175,544
Nov 20241,83018,26069.052.20$166,505
Oct 20242,55220,18371.372.28$228,182
Sep 20241,20010,18869.612.36$107,620
Aug 20241,2349,33175.632.06$112,583
Jul 20242,64119,65179.932.15$253,278
Jun 20243,53524,48278.082.63$340,498
May 20247,81753,84878.812.20$734,439
Apr 20247,26455,21584.451.66$705,058
Mar 20242,39628,54380.301.55$236,501
Feb 20245406,32876.091.78$52,375
Jan 20241,27110,75073.023.30$128,258
Dec 20231,78716,99871.262.61$171,719
Nov 20231,95716,51877.892.81$198,806
Oct 20231,59516,00785.443.09$185,695
Sep 20231,77116,13989.042.74$201,831
Aug 20232,16416,43280.522.67$218,166
Jul 20231,92616,69674.852.64$188,269
Jun 20232,03616,27468.962.26$177,157
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20231,60414,37472.852.39$151,251
Feb 20231,79615,07975.112.47$172,078
Jan 20232,70719,93076.533.39$274,684
Dec 20221,78120,82576.415.73$255,394
Nov 20222,50821,56485.005.65$334,935
Oct 20222,50021,25687.185.86$342,590
Sep 20222,65721,12084.888.16$397,943
Aug 20222,46921,86494.529.13$432,926
Jul 20222,79130,263101.587.54$511,756
Jun 20222,79921,899115.097.98$496,830
May 20222,83722,258109.378.43$497,985
Apr 20222,84820,581104.226.84$437,543
Mar 20223,05523,376108.885.08$451,294
Feb 20222,16017,88091.054.86$283,544
Jan 20223,41723,60081.844.54$386,737
Dec 20212,73920,44371.323.90$275,055
Nov 20213,05921,61877.435.24$350,069
Oct 20212,83922,94479.795.71$357,623
Sep 20213,17721,32869.865.35$336,070
Aug 20214,66129,90966.024.22$433,953
Jul 20213,53021,63770.783.98$336,014
Jun 20211,59113,14769.493.38$155,004
May 20212,75927,07463.483.02$256,842
Apr 20213,20028,32560.362.76$271,284
Mar 20213,58430,05661.302.72$301,360
Feb 20212,55122,93757.805.55$274,701
Jan 20213,52132,41050.412.81$268,574
Dec 20202,68229,10544.642.68$197,594
Nov 20204,50431,93838.772.71$261,063
Oct 20204,10837,50536.972.48$244,826
Sep 20202,90224,26337.091.99$155,944
Aug 20204,64124,99739.982.39$245,168
Jul 20204,47425,03438.371.83$217,357
Jun 20204,82917,36934.901.69$197,891
May 2020064316.921.81$1,167
Apr 20204,10719,22914.751.80$95,275
Mar 20205,54726,87930.341.86$218,190
Feb 20207385,05749.881.98$46,828
Jan 20205,40024,56057.252.09$360,597
Dec 20192,82215,67959.012.30$202,656
Nov 20194,03120,14155.302.75$278,316
Oct 20196,60531,31953.472.42$428,916
Sep 20196,18936,28755.052.66$437,129
Aug 20197,31035,28953.112.30$469,553
Jul 20197,75545,28256.272.46$547,770
Jun 20198,14034,54652.782.49$515,690
May 20194,85117,14158.482.74$330,658
Apr 20194,11713,34162.632.75$294,545
Mar 20196,03523,32756.803.06$414,218
Feb 20197,70734,40550.852.79$487,967
Jan 20196,80432,64046.033.23$418,556
Dec 20189,70541,44146.594.19$625,605
Nov 201812,47844,03052.934.24$847,026
Oct 20184,53131,48361.443.40$385,366
Sep 201810,82940,91959.543.11$771,935
Aug 201816,98474,36559.403.07$1,236,894
Jul 2018046565.142.93$1,363

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         1,420 bbl  × $106.41 =   $151,102
Gas               18,944 Mcf  × $  3.05 =    $57,700

────────────────────────────────────────────────────
Month total                                 $208,803

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/287067 is the state's own key, not one this site invented.