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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 289198District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$35.7 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
75
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
CondensateDisposition429,519 bbl$27,152,761
GasProduction2,345,671 Mcf$8,552,850
Total$35,705,611

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 31.7234, -103.8628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72342, -103.86280 · 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
10,336 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 10,336 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-389374632H10,336 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 (75)

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

75 months

May 20261,53215,818106.413.05$211,199
Apr 20261,57315,38698.932.87$199,770
Mar 20261,51015,56389.753.15$184,537
Feb 20261,57720,81663.503.75$178,206
Jan 20261,80916,23159.138.00$236,780
Dec 20251,86617,33656.664.41$182,238
Nov 20251,76117,89658.593.93$173,445
Oct 20251,86618,89359.383.30$173,241
Sep 20258729,37162.743.08$83,543
Aug 20251,24512,07863.933.01$116,005
Jul 20251,53415,85166.743.32$154,928
Jun 20251,99219,28066.483.13$192,750
May 20251,74217,95360.553.23$163,508
Apr 20252,05316,80862.363.54$187,578
Mar 20251,95217,35767.704.27$206,236
Feb 20252,05518,71170.884.34$226,880
Jan 20251,68418,91674.324.28$206,090
Dec 20242,27220,39368.993.12$220,399
Nov 20242,27721,17969.052.20$203,788
Oct 20242,42921,34571.372.28$222,054
Sep 20242,35421,94969.612.36$215,757
Aug 20242,72022,28075.632.06$251,691
Jul 20242,53417,85779.932.15$240,874
Jun 20242,74119,51678.082.63$265,422
May 20242,81922,16778.812.20$270,898
Apr 20242,86722,27184.451.66$279,070
Mar 20243,04525,12780.301.55$283,338
Feb 20242,87722,58176.091.78$259,187
Jan 20242,23619,94473.023.30$229,041
Dec 20233,20028,67071.262.61$302,881
Nov 20233,07037,95077.892.81$345,669
Oct 20233,20422,89085.443.09$344,418
Sep 20233,18321,48889.042.74$342,185
Aug 20233,17719,17680.522.67$307,067
Jul 20233,50223,39374.852.64$323,924
Jun 20233,66020,91968.962.26$299,639
May 20234,03117,25770.622.23$323,107
Apr 20233,86123,61278.122.24$354,459
Mar 20234,50731,48072.852.39$403,672
Feb 20233,57821,96075.112.47$322,890
Jan 20234,23028,62076.533.39$420,678
Dec 20224,32828,02776.415.73$491,271
Nov 20224,32128,28785.005.65$526,999
Oct 20224,97832,60487.185.86$625,164
Sep 20225,77133,79484.888.16$765,726
Aug 20226,47339,51094.529.13$972,442
Jul 20225,37730,067101.587.54$772,963
Jun 20221,4097,765115.097.98$224,105
May 20225,89231,523109.378.43$910,243
Apr 20226,69732,281104.226.84$918,686
Mar 20227,02737,633108.885.08$956,140
Feb 20227,14537,40491.054.86$832,292
Jan 20227,99546,21281.844.54$864,006
Dec 20219,99352,28771.323.90$916,574
Nov 20218,57151,89077.435.24$935,393
Oct 202110,60049,95779.795.71$1,131,222
Sep 20219,94851,83769.865.35$972,343
Aug 202111,87362,67266.024.22$1,048,368
Jul 202112,86564,54470.783.98$1,167,604
Jun 202110,65454,34069.493.38$924,049
May 202114,26964,05663.483.02$1,099,096
Apr 202113,19255,46460.362.76$949,262
Mar 202114,46159,14061.302.72$1,047,139
Feb 20219,74140,78257.805.55$789,286
Jan 202113,15654,20350.412.81$815,519
Dec 202012,97543,02644.642.68$694,318
Nov 20209,47641,57138.772.71$479,899
Oct 20202,26311,98836.972.48$113,375
Sep 202014,66563,96237.091.99$671,276
Aug 202015,82166,29239.982.39$790,637
Jul 202017,00666,92438.371.83$774,665
Jun 202014,82456,92834.901.69$613,584
May 202011,70241,80416.921.81$273,862
Apr 202015,02853,78414.751.80$318,710
Mar 20206,02614,82530.341.86$210,347

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         1,532 bbl  × $106.41 =   $163,020
Gas               15,818 Mcf  × $  3.05 =    $48,179

────────────────────────────────────────────────────
Month total                                 $211,199

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/289198 is the state's own key, not one this site invented.