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STATE HOPE SPRINGS 113-23X14

Operated by BPX OPERATING COMPANY (P-5 85408) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288428District 08Field 31913800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$33.2 M
May 2019 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
condensate, gas

The FORD, WEST (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 1,466 leases and 1,484 wells, and the rule below applies to all of them.

Discovered
2010-11-05
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 80 acres. The field rule took effect on 2018-06-05.

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: “DOCKET SAYS PRO PLAT NOT REQUIRED NOT LEASE PLAT NOT REQ”

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
CondensateDisposition322,306 bbl$21,719,334
GasProduction3,323,249 Mcf$11,474,839
Total$33,194,173

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 31.7300, -104.1193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72996, -104.11929 · 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
10,285 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 10,285 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-10933365W108H10,285 ftFeb 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 (85)

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

85 months

May 20263,28271,607106.413.05$567,341
Apr 20261,66433,34698.932.87$260,313
Mar 20263678,08789.753.15$58,408
Feb 202655018,12263.503.75$102,888
Jan 20262,02040,68259.138.00$444,814
Dec 20252,45553,09756.664.41$373,436
Nov 20252,33351,18358.593.93$337,657
Oct 20252,70051,17959.383.30$329,464
Sep 20252,50549,19462.743.08$308,530
Aug 202572924,19263.933.01$119,538
Jul 20252,52349,84866.743.32$333,641
Jun 20252,93148,24366.483.13$345,792
May 20252,67151,46360.553.23$328,074
Apr 20251,88028,46562.363.54$218,092
Mar 20253,17554,93967.704.27$449,445
Feb 20254,17856,88170.884.34$543,048
Jan 20253,45134,20274.324.28$402,818
Dec 20242,65145,03568.993.12$323,463
Nov 202474214,70569.052.20$83,563
Oct 20243,68549,74371.372.28$376,482
Sep 20244,92473,00369.612.36$515,365
Aug 20243,00944,81075.632.06$320,042
Jul 20241,46022,10479.932.15$164,146
Jun 20246,71814,41178.082.63$562,500
May 20244,31056,29578.812.20$463,432
Apr 20243,09342,91184.451.66$332,402
Mar 20243,39741,45080.301.55$336,825
Feb 20241,98422,83976.091.78$191,699
Jan 20244,42841,30373.023.30$459,536
Dec 20235,54474,62571.262.61$589,890
Nov 20235,91169,58677.892.81$655,775
Oct 20233,93156,42985.443.09$510,077
Sep 20235,76870,25589.042.74$705,733
Aug 20233,64346,47580.522.67$417,556
Jul 202334921,72974.852.64$83,526
Jun 20231,03615,58668.962.26$106,643
May 20235263,64570.622.23$45,265
Apr 20233,42249,50178.122.24$378,098
Mar 20235,49561,85372.852.39$548,335
Feb 20234,27548,68875.112.47$441,144
Jan 20234,77550,93076.533.39$537,967
Dec 20221,91629,65776.415.73$316,309
Nov 202204,08785.005.65$23,076
Oct 202202387.185.86$135
Sep 202217554484.888.16$19,295
Aug 20224,07441,08594.529.13$760,064
Jul 20221,03511,930101.587.54$195,112
Jun 20223,97537,765115.097.98$758,742
May 20226,45963,641109.378.43$1,243,108
Apr 202286413,237104.226.84$180,555
Mar 202200108.885.08$0
Feb 20223,54236,32691.054.86$499,001
Jan 20222,43826,48181.844.54$319,688
Dec 20215,26661,54371.323.90$615,535
Nov 20212,07119,94177.435.24$264,786
Oct 20215,26154,41679.795.71$730,701
Sep 20216,41768,36869.865.35$814,123
Aug 20219,70190,24666.024.22$1,021,351
Jul 20214,10242,16270.783.98$458,232
Jun 20217,45861,36269.493.38$725,698
May 20217,58666,93163.483.02$683,535
Apr 20219,00669,95960.362.76$736,578
Mar 20216,94059,53061.302.72$587,161
Feb 20215,45247,68757.805.55$579,691
Jan 202112,66793,09750.412.81$900,171
Dec 20202,26125,03144.642.68$167,900
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20207264,07839.982.39$38,752
Jul 20208857,94538.371.83$48,458
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201711,04514.751.80$4,408
Mar 20208,89658,44730.341.86$378,396
Feb 20201867,63149.881.98$24,392
Jan 20202,01117,41957.252.09$151,618
Dec 20195,45640,86559.012.30$416,126
Nov 20199,70666,37555.302.75$719,320
Oct 201910,26759,61553.472.42$693,158
Sep 201911,80064,27955.052.66$820,397
Aug 201914,47967,77053.112.30$925,146
Jul 201916,14962,89156.272.46$1,063,420
Jun 20198,41874,59452.782.49$630,131
May 201902,60558.482.74$7,139

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         3,282 bbl  × $106.41 =   $349,238
Gas               71,607 Mcf  × $  3.05 =   $218,103

────────────────────────────────────────────────────
Month total                                 $567,341

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/288428 is the state's own key, not one this site invented.