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STATE PLACER 57-T2-44

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 288822District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$32.8 M
Jun 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
84
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
CondensateDisposition372,804 bbl$23,276,237
GasProduction2,721,643 Mcf$9,507,364
Total$32,783,600

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 31.7812, -103.9906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78118, -103.99064 · 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
9,793 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 9,793 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-38938088W102H9,793 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 20261,38422,620106.413.05$216,168
Apr 20261,59216,44698.932.87$204,692
Mar 202689614,38789.753.15$125,727
Feb 202660811,01163.503.75$79,903
Jan 2026111059.138.00$6,563
Dec 202584110,40256.664.41$93,559
Nov 20251,22315,66958.593.93$133,179
Oct 20251,21016,24459.383.30$125,534
Sep 20252,09526,86862.743.08$214,111
Aug 20251,67923,55763.933.01$178,357
Jul 20252,10226,91266.743.32$229,506
Jun 20251,78729,67666.483.13$211,648
May 20252,15728,85160.553.23$223,862
Apr 20252,04429,67762.363.54$232,613
Mar 20252,40631,26367.704.27$296,327
Feb 20252,67628,77370.884.34$314,574
Jan 20251,75524,97474.324.28$237,287
Dec 20241,46024,98068.993.12$178,697
Nov 202458820,46269.052.20$85,586
Oct 20242,07027,43571.372.28$210,326
Sep 20242,10931,05469.612.36$220,230
Aug 20242,27030,28275.632.06$234,171
Jul 20242,44929,79579.932.15$259,706
Jun 20242,49629,29678.082.63$272,053
May 20242,16328,93578.812.20$234,078
Apr 20242,51032,62684.451.66$266,103
Mar 20242,96836,76880.301.55$295,142
Feb 20242,76934,46576.091.78$272,166
Jan 20242,49435,60273.023.30$299,515
Dec 20233,06839,33871.262.61$321,326
Nov 20233,15039,63877.892.81$356,640
Oct 20233,37741,83285.443.09$417,678
Sep 20233,97443,83089.042.74$473,722
Aug 20233,43746,33280.522.67$400,587
Jul 20233,54445,09774.852.64$384,406
Jun 20233,90147,38868.962.26$376,038
May 20234,14845,00770.622.23$393,180
Apr 20234,99946,42778.122.24$494,414
Mar 20233,56531,12872.852.39$334,205
Feb 202366075.112.47$4,957
Jan 20232082,81276.533.39$25,445
Dec 20221,94122,24476.415.73$275,749
Nov 20224,55647,50185.005.65$655,460
Oct 20224,57246,15187.185.86$669,205
Sep 20223,84636,45684.888.16$624,064
Aug 20223,42229,39894.529.13$591,768
Jul 20223,55039,730101.587.54$660,256
Jun 20223,73336,162115.097.98$718,102
May 20223,59833,406109.378.43$675,227
Apr 20225,92951,374104.226.84$969,195
Mar 20225,31143,068108.885.08$796,892
Feb 20225,13740,28891.054.86$663,477
Jan 20225,42449,44181.844.54$668,248
Dec 20211,75518,76171.323.90$198,318
Nov 20212,86520,89877.435.24$331,277
Oct 20217,02052,33779.795.71$859,173
Sep 20216,67843,18269.865.35$697,589
Aug 20217,87154,63466.024.22$750,231
Jul 20212,80818,81870.783.98$273,685
Jun 20215,19736,19069.493.38$483,484
May 20216,90547,77063.483.02$582,484
Apr 20216,00140,34360.362.76$473,503
Mar 20216,25031,80161.302.72$469,526
Feb 20214,19027,61957.805.55$395,411
Jan 20217,91347,53250.412.81$532,472
Dec 20203,96428,19344.642.68$252,382
Nov 20205,36931,57138.772.71$293,605
Oct 20206,79742,39736.972.48$356,363
Sep 20206,45537,21037.091.99$313,503
Aug 20208,81248,41739.982.39$467,783
Jul 20208,97650,12038.371.83$435,884
Jun 20209,09745,47634.901.69$394,354
May 20209,13543,09616.921.81$232,773
Apr 20206,09928,16714.751.80$140,784
Mar 202013,87947,40030.341.86$509,074
Feb 202010,50128,25649.881.98$579,756
Jan 20208,39522,06957.252.09$526,843
Dec 201911,86234,43059.012.30$779,316
Nov 20198,06935,00455.302.75$542,501
Oct 201913,32155,36753.472.42$846,181
Sep 201914,70670,37555.052.66$996,571
Aug 20194,7848,02353.112.30$272,566
Jul 201915,7622,81556.272.46$893,853
Jun 2019029452.782.49$732

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         1,384 bbl  × $106.41 =   $147,271
Gas               22,620 Mcf  × $  3.05 =    $68,897

────────────────────────────────────────────────────
Month total                                 $216,168

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/288822 is the state's own key, not one this site invented.