STATE SILVERADO 58-T2-48X37

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 288477District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$93.8 M
Jun 2019 – May 2026
Value, last 12 filed months
$6.5 M
at the published price for each month
Months reported
84
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.

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
CondensateDisposition1,162,001 bbl$73,679,284
GasProduction6,091,660 Mcf$20,162,396
Total$93,841,680

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 31.7958, -104.0117. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.79579, -104.01172 · 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
9,612 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 9,612 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-38938092W108H9,612 ftJun 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 (84)

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

84 months

May 20264,12938,359106.413.05$556,202
Apr 20264,68340,08398.932.87$578,316
Mar 20265,10640,49389.753.15$585,794
Feb 20264,34340,07563.503.75$426,075
Jan 20265,51043,04059.138.00$670,037
Dec 20255,26250,85556.664.41$522,586
Nov 20254,85843,82358.593.93$456,699
Oct 20256,09732,09459.383.30$468,105
Sep 20255,62729,47162.743.08$443,718
Aug 20251,2498,39463.933.01$105,154
Jul 202511,78654,90866.743.32$968,629
Jun 20258,91750,90966.483.13$752,082
May 202516,21780,04760.553.23$1,240,677
Apr 20256286,80662.363.54$63,277
Mar 20252627167.704.27$18,040
Feb 202560889570.884.34$46,980
Jan 20258,10657,39074.324.28$847,991
Dec 20248,44760,49368.993.12$771,580
Nov 20248,11360,68069.052.20$693,604
Oct 20246,07839,47971.372.28$523,854
Sep 20249,62762,39069.612.36$817,648
Aug 20247,55853,90875.632.06$682,858
Jul 202410,04267,10979.932.15$946,713
Jun 20248,81356,59978.082.63$837,200
May 20242,02713,51478.812.20$189,458
Apr 20249,00264,60984.451.66$867,418
Mar 20249,92170,36080.301.55$905,372
Feb 20247,65052,13376.091.78$675,075
Jan 20249,16857,28473.023.30$858,351
Dec 20238,83268,24071.262.61$807,524
Nov 20239,28462,95677.892.81$899,884
Oct 202310,29866,17285.443.09$1,084,153
Sep 20239,45367,41989.042.74$1,026,089
Aug 20239,87665,62680.522.67$970,626
Jul 202310,84671,25874.852.64$1,000,072
Jun 202311,53374,58668.962.26$963,767
May 20233,80824,95270.622.23$324,499
Apr 202311,77575,02478.122.24$1,087,749
Mar 202313,77883,21872.852.39$1,202,881
Feb 202310,65663,88075.112.47$957,880
Jan 202314,56681,92976.533.39$1,392,288
Dec 202212,26065,16776.415.73$1,310,134
Nov 202212,40968,79985.005.65$1,443,218
Oct 202213,69990,73687.185.86$1,726,333
Sep 202214,82687,85584.888.16$1,975,651
Aug 202214,13277,03594.529.13$2,038,867
Jul 20229,70158,134101.587.54$1,423,879
Jun 20227,78743,187115.097.98$1,240,717
May 202210,43156,837109.378.43$1,620,147
Apr 202213,05763,290104.226.84$1,793,552
Mar 202215,55068,429108.885.08$2,040,457
Feb 202211,75436,50991.054.86$1,247,593
Jan 202213,26655,97881.844.54$1,339,700
Dec 202111,96855,95071.323.90$1,071,714
Nov 202114,03266,80277.435.24$1,436,330
Oct 202118,28482,25779.795.71$1,928,886
Sep 202116,96381,45369.865.35$1,620,884
Aug 202117,15981,39566.024.22$1,476,372
Jul 202118,67383,90170.783.98$1,655,775
Jun 202118,66184,92769.493.38$1,583,859
May 202121,00292,10863.483.02$1,611,159
Apr 202117,84476,75260.362.76$1,288,778
Mar 202121,85694,71161.302.72$1,597,097
Feb 202113,82559,63657.805.55$1,129,943
Jan 202122,66294,27150.412.81$1,407,318
Dec 202022,17294,23944.642.68$1,241,891
Nov 202019,30888,35038.772.71$987,697
Oct 202017,20781,09936.972.48$837,141
Sep 202022,158100,11337.091.99$1,021,169
Aug 202023,245112,61139.982.39$1,197,924
Jul 202026,294119,20338.371.83$1,226,461
Jun 202021,584104,22734.901.69$929,458
May 202010,93456,97016.921.81$288,390
Apr 202017,02579,57714.751.80$394,706
Mar 202027,482130,52930.341.86$1,076,096
Feb 202026,130123,61149.881.98$1,548,197
Jan 202013,90172,55157.252.09$947,808
Dec 201927,489130,29859.012.30$1,922,379
Nov 201933,699157,98455.302.75$2,298,121
Oct 201937,099182,87653.472.42$2,425,976
Sep 201938,954192,87355.052.66$2,656,935
Aug 201944,030213,34853.112.30$2,830,064
Jul 201945,798205,06656.272.46$3,081,528
Jun 201911,15238,48552.782.49$684,476

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         4,129 bbl  × $106.41 =   $439,367
Gas               38,359 Mcf  × $  3.05 =   $116,835

────────────────────────────────────────────────────
Month total                                 $556,202

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/288477 is the state's own key, not one this site invented.