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FLEX STATE 21602 16

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 287926District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$30.2 M
Sep 2019 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
81
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.”

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
CondensateDisposition351,244 bbl$22,237,941
GasProduction2,198,221 Mcf$7,998,390
Total$30,236,332

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 31.7230, -103.8611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72303, -103.86112 · 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
10,548 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 10,548 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-389374886H10,548 ftSep 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 (81)

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

81 months

May 20261,58117,096106.413.05$220,306
Apr 20261,67217,27998.932.87$214,997
Mar 20261,53317,48089.753.15$192,639
Feb 20261,45720,86063.503.75$170,751
Jan 20261,69217,09559.138.00$236,772
Dec 20251,77417,64256.664.41$178,375
Nov 20251,55212,83758.593.93$141,335
Oct 20251,62813,53059.383.30$141,385
Sep 202582810,96462.743.08$85,684
Aug 20251,19610,97663.933.01$109,550
Jul 20251,86817,66866.743.32$183,243
Jun 20251,85917,49066.483.13$178,308
May 20251,73615,64960.553.23$155,697
Apr 20251,67117,69362.363.54$166,892
Mar 20251,68718,23567.704.27$192,043
Feb 20251,71116,42170.884.34$192,557
Jan 20251,16810,76474.324.28$132,861
Dec 20241,65315,68668.993.12$163,002
Nov 20241,67716,33569.052.20$151,708
Oct 20241,87018,22371.372.28$175,036
Sep 20241,69516,42069.612.36$156,812
Aug 20241,77416,82275.632.06$168,882
Jul 20241,59115,83779.932.15$161,164
Jun 20241,46413,44278.082.63$149,715
May 20241,32312,27978.812.20$131,260
Apr 20241,18811,45984.451.66$119,339
Mar 20241,0388,03280.301.55$95,762
Feb 20246774,88076.091.78$60,217
Jan 20243161,37173.023.30$27,595
Dec 20235227,30871.262.61$56,277
Nov 20231373,10177.892.81$19,377
Oct 20236649,99785.443.09$87,596
Sep 20232,11523,03689.042.74$251,324
Aug 20232,32523,78480.522.67$250,781
Jul 20232,44024,87774.852.64$248,354
Jun 20232,20918,99468.962.26$195,230
May 20232,40626,74970.622.23$229,492
Apr 20232,53619,63678.122.24$242,053
Mar 20233,04411,34472.852.39$248,903
Feb 20232,29619,47575.112.47$220,472
Jan 20232,40020,56076.533.39$253,324
Dec 20222,89726,58876.415.73$373,685
Nov 20222,89825,55185.005.65$390,596
Oct 20223,04028,32587.185.86$431,118
Sep 20223,55030,01684.888.16$546,365
Aug 20223,48431,45694.529.13$616,412
Jul 20223,60031,689101.587.54$604,689
Jun 20223,99333,047115.097.98$723,177
May 20224,05633,395109.378.43$725,226
Apr 20224,58532,621104.226.84$700,898
Mar 20225,06538,142108.885.08$745,101
Feb 20224,88735,95891.054.86$619,676
Jan 20225,54828,46781.844.54$583,222
Dec 20215,29541,46671.323.90$539,320
Nov 20216,33643,81377.435.24$720,039
Oct 20216,10743,74479.795.71$737,225
Sep 20216,48746,95069.865.35$704,408
Aug 20216,96337,41766.024.22$617,619
Jul 20217,98835,87170.783.98$708,232
Jun 20217,63851,63969.493.38$705,336
May 20216,10339,52163.483.02$506,680
Apr 20212060.362.76$121
Mar 20212,59818,26461.302.72$208,880
Feb 20214,57830,53257.805.55$433,998
Jan 20216,47235,66350.412.81$426,476
Dec 20207,78348,53344.642.68$477,281
Nov 20207,31341,42138.772.71$395,634
Oct 20204,78427,38536.972.48$244,736
Sep 20206,45933,79437.091.99$306,850
Aug 20207,56139,77639.982.39$397,159
Jul 202010,06550,20338.371.83$477,821
Jun 20209,16542,83934.901.69$392,270
May 20205,85126,91016.921.81$147,834
Apr 20200014.751.80$0
Mar 202084123330.341.86$25,948
Feb 202011,10053,16949.881.98$658,978
Jan 202018,48074,57457.252.09$1,214,193
Dec 201920,63485,46059.012.30$1,414,543
Nov 201923,21093,87555.302.75$1,541,735
Oct 201926,827108,51253.472.42$1,696,880
Sep 201911,02842,07655.052.66$718,899

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         1,581 bbl  × $106.41 =   $168,234
Gas               17,096 Mcf  × $  3.05 =    $52,072

────────────────────────────────────────────────────
Month total                                 $220,306

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/287926 is the state's own key, not one this site invented.