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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 288017District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.4 M
Sep 2019 – May 2026
Value, last 12 filed months
$1.1 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
CondensateDisposition287,401 bbl$18,502,891
GasProduction1,423,422 Mcf$4,928,755
Total$23,431,646

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, -103.8653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72301, -103.86530 · 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
10,528 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 10,528 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-389374875H10,528 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 20261,0285,639106.413.05$126,565
Apr 20261,1146,08598.932.87$127,670
Mar 20261,0367,57189.753.15$116,825
Feb 20269848,24063.503.75$93,387
Jan 20268885,21559.138.00$94,217
Dec 20251,2065,06656.664.41$90,690
Nov 20251,0875,37358.593.93$84,784
Oct 20251,1105,06259.383.30$82,641
Sep 20255082,19262.743.08$38,617
Aug 20257773,87363.933.01$61,350
Jul 20251,2346,71366.743.32$104,612
Jun 20251,1525,86866.483.13$94,944
May 20251,0774,68160.553.23$80,343
Apr 20259803,61462.363.54$73,918
Mar 20251,1044,29867.704.27$93,086
Feb 20251,1535,30970.884.34$104,770
Jan 20251,1365,70074.324.28$108,816
Dec 20241,2935,46768.993.12$106,269
Nov 20241,2295,71969.052.20$97,435
Oct 20241,3187,51871.372.28$111,217
Sep 20241,2147,76369.612.36$102,861
Aug 20241,3138,10775.632.06$116,032
Jul 20241,30910,47779.932.15$127,118
Jun 20241,3249,78778.082.63$129,157
May 20241,3539,96478.812.20$128,535
Apr 20241,3317,02284.451.66$124,054
Mar 20241,3987,91480.301.55$124,488
Feb 20241,2539,27776.091.78$111,888
Jan 20241,4649,47273.023.30$138,137
Dec 20232,06118,97671.262.61$196,408
Nov 20236208,91777.892.81$73,327
Oct 20237035,43185.443.09$76,831
Sep 20231,85914,23089.042.74$204,445
Aug 20231,99415,81180.522.67$202,818
Jul 20232,06013,72074.852.64$190,437
Jun 20231,89418,81568.962.26$173,104
May 20231,92320,44170.622.23$181,333
Apr 20231,72418,68478.122.24$176,489
Mar 20232,14128,36172.852.39$223,844
Feb 20231,92715,86575.112.47$183,855
Jan 20232,20219,88876.533.39$235,894
Dec 20222,44919,94876.415.73$301,412
Nov 20222,39517,09085.005.65$300,069
Oct 20222,79418,95387.185.86$354,717
Sep 20223,11018,76384.888.16$417,152
Aug 20222,29214,30394.529.13$347,186
Jul 20222,96818,608101.587.54$441,832
Jun 20223,18419,034115.097.98$518,285
May 20223,18119,721109.378.43$514,214
Apr 20223,76120,715104.226.84$533,612
Mar 20224,27823,832108.885.08$586,769
Feb 20223,88222,19791.054.86$461,308
Jan 20224,75422,04581.844.54$489,101
Dec 20214,53922,44871.323.90$411,249
Nov 20215,29323,31777.435.24$531,945
Oct 20215,65026,11879.795.71$600,048
Sep 20215,74729,11369.865.35$557,267
Aug 20216,43435,53266.024.22$574,739
Jul 20217,42439,82870.783.98$684,069
Jun 20218,70121,00769.493.38$675,649
May 20219,63923,36163.483.02$682,380
Apr 20217421560.362.76$5,060
Mar 202151,29161.302.72$3,814
Feb 20211455057.805.55$3,861
Jan 20211,8349,67150.412.81$119,630
Dec 20207,13120,65344.642.68$373,584
Nov 20205,05215,24438.772.71$237,125
Oct 20201,8224,61736.972.48$78,802
Sep 20204,22814,99537.091.99$186,672
Aug 20204,56424,02039.982.39$239,759
Jul 20205,77931,54538.371.83$279,314
Jun 20205,94231,77434.901.69$261,084
May 20204,61124,85116.921.81$123,116
Apr 20200014.751.80$0
Mar 202034723730.341.86$10,968
Feb 20209,40839,84849.881.98$548,197
Jan 202011,51455,36857.252.09$775,158
Dec 201915,38866,06659.012.30$1,060,286
Nov 201921,57886,16955.302.75$1,430,288
Oct 201928,529110,17553.472.42$1,791,908
Sep 201912,62542,07555.052.66$806,811

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         1,028 bbl  × $106.41 =   $109,389
Gas                5,639 Mcf  × $  3.05 =    $17,175

────────────────────────────────────────────────────
Month total                                 $126,565

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/288017 is the state's own key, not one this site invented.