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STATE KATE OLSON 57-T2-8X17 SA

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 288374District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$51.5 M
Apr 2019 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
86
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
CondensateDisposition576,134 bbl$36,376,038
GasProduction4,390,370 Mcf$15,144,992
Total$51,521,030

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 31.8471, -103.9918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84708, -103.99182 · 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
9,831 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 9,831 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-38937888W201H9,831 ftMar 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 (86)

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

86 months

May 202655414,389106.413.05$102,778
Apr 20262,01027,14498.932.87$276,745
Mar 20262,05034,23189.753.15$291,796
Feb 20262,24731,43663.503.75$260,580
Jan 20262,28432,98559.138.00$398,864
Dec 20251,19223,22556.664.41$170,039
Nov 20252,43539,06158.593.93$296,037
Oct 20252,39734,84659.383.30$257,494
Sep 20252,56237,56062.743.08$276,309
Aug 20252,54441,02263.933.01$286,309
Jul 20252,93044,38066.743.32$342,677
Jun 20252,82338,74666.483.13$308,898
May 20253,30539,19460.553.23$326,805
Apr 20252,67139,11962.363.54$305,167
Mar 20253,02640,55567.704.27$377,962
Feb 20253,61636,94170.884.34$416,657
Jan 20253,24539,74774.324.28$411,233
Dec 20242,64846,59368.993.12$328,120
Nov 20244,09643,42569.052.20$378,296
Oct 20242,41027,10271.372.28$233,832
Sep 20243,71346,44769.612.36$368,279
Aug 20243,37741,80075.632.06$341,662
Jul 20243,15143,65079.932.15$345,558
Jun 20243,72745,62078.082.63$411,166
May 20243,71241,43978.812.20$383,644
Apr 20244,23543,58484.451.66$429,960
Mar 20245,10152,27880.301.55$490,387
Feb 20245,06150,66276.091.78$475,454
Jan 20246,18250,68773.023.30$618,558
Dec 20234,49651,23871.262.61$454,153
Nov 20231,48013,61677.892.81$153,505
Oct 20234,76350,18685.443.09$561,889
Sep 20234,70049,21689.042.74$553,096
Aug 20234,71050,06980.522.67$513,078
Jul 20234,35545,99474.852.64$447,479
Jun 20234,16741,30968.962.26$380,652
May 20236,21344,78970.622.23$538,525
Apr 20232,33727,37178.122.24$243,816
Mar 20236,08861,87072.852.39$591,576
Feb 20235,22255,71775.112.47$529,605
Jan 20235,79360,41476.533.39$648,004
Dec 20227,28658,53476.415.73$892,069
Nov 20226,19760,33085.005.65$867,380
Oct 20226,55259,80387.185.86$921,874
Sep 20226,86463,72584.888.16$1,102,847
Aug 20222,77019,12294.529.13$436,350
Jul 20226,91866,508101.587.54$1,204,339
Jun 20227,42665,538115.097.98$1,377,468
May 20223,36324,858109.378.43$577,440
Apr 20226,57359,140104.226.84$1,089,414
Mar 20226,36754,529108.885.08$970,050
Feb 20226,62162,55391.054.86$906,777
Jan 20227,88165,00581.844.54$939,953
Dec 20218,75763,59271.323.90$872,502
Nov 20218,96070,05177.435.24$1,060,619
Oct 20212,95520,92179.795.71$355,319
Sep 20218,28164,57669.865.35$924,052
Aug 20219,22470,02966.024.22$904,532
Jul 202110,40274,65670.783.98$1,033,540
Jun 20219,88266,48369.493.38$911,454
May 20219,09258,05063.483.02$752,336
Apr 202112,37087,41660.362.76$987,783
Mar 202112,29986,38261.302.72$988,623
Feb 20218,72258,99657.805.55$831,438
Jan 202112,04126,41450.412.81$681,217
Dec 20207,66439,94144.642.68$448,982
Nov 202011,94173,80438.772.71$662,708
Oct 20207,79026,87236.972.48$354,597
Sep 202013,47170,82437.091.99$640,653
Aug 202013,77959,31339.982.39$692,352
Jul 202011,30251,95438.371.83$528,480
Jun 202014,59776,32234.901.69$638,443
May 20209,52355,30216.921.81$261,488
Apr 20208,34042,33514.751.80$199,403
Mar 20203,64721,94730.341.86$151,389
Feb 20203,27831,15149.881.98$225,206
Jan 202011,21158,89257.252.09$765,193
Dec 201915,88784,55559.012.30$1,132,337
Nov 201913,84574,55055.302.75$970,693
Oct 201919,311105,60853.472.42$1,287,976
Sep 201913,03973,66755.052.66$913,551
Aug 201912,79473,11753.112.30$847,977
Jul 201915,51284,60356.272.46$1,080,989
Jun 201921,336117,74052.782.49$1,419,428
May 201916,43680,47558.482.74$1,181,705
Apr 2019053062.632.75$1,458

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           554 bbl  × $106.41 =    $58,951
Gas               14,389 Mcf  × $  3.05 =    $43,827

────────────────────────────────────────────────────
Month total                                 $102,778

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/288374 is the state's own key, not one this site invented.