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STATE LOST & FOUND 57-T2-20X17

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 290331District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$34.6 M
Jun 2020 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
72
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
CondensateDisposition389,519 bbl$24,435,329
GasProduction2,779,902 Mcf$10,190,080
Total$34,625,408

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 31.8468, -103.9773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84676, -103.97733 · 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
9,815 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 9,815 ft.

Completions filed
Jun 2020
1 of 1 wells

1 well

42-389382568H9,815 ftJun 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 (72)

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

72 months

May 20261,1787,977106.413.05$149,648
Apr 20261,19413,68698.932.87$157,397
Mar 20261,90236,96089.753.15$287,108
Feb 20261,78032,41963.503.75$234,612
Jan 20261,91827,40059.138.00$332,554
Dec 20252,04032,33756.664.41$258,301
Nov 20251,93231,84158.593.93$238,218
Oct 20251,96329,85659.383.30$215,232
Sep 20252,16232,43562.743.08$235,444
Aug 20252,24630,10863.933.01$234,355
Jul 20252,14532,43266.743.32$250,676
Jun 20252,10067,26966.483.13$350,074
May 20252,16047,64960.553.23$284,805
Apr 20252,05251,22362.363.54$309,452
Mar 20252,08353,30767.704.27$368,550
Feb 20252,08647,07570.884.34$352,201
Jan 20251,71734,13474.324.28$273,656
Dec 20242,38259,33768.993.12$349,547
Nov 20242,98449,19769.052.20$314,202
Oct 20243,42241,94971.372.28$339,931
Sep 20242,43413,70169.612.36$201,825
Aug 20241716,16075.632.06$34,634
Jul 20241,0196,89679.932.15$96,252
Jun 2024140078.082.63$10,931
May 20242,615078.812.20$206,088
Apr 20242,42714,07084.451.66$228,305
Mar 20243,22225,48780.301.55$298,107
Feb 20242,66222,27476.091.78$242,280
Jan 20243,37929,34473.023.30$343,501
Dec 20233,88135,35471.262.61$368,859
Nov 20233,99832,66077.892.81$403,099
Oct 20232,71118,61985.443.09$289,110
Sep 20232,69220,94889.042.74$296,989
Aug 20235,39836,95480.522.67$533,421
Jul 20234,27440,11974.852.64$425,895
Jun 20234,89842,34868.962.26$433,408
May 20236,62144,59770.622.23$566,910
Apr 20235,09222,83478.122.24$448,884
Mar 202324849572.852.39$19,251
Feb 20232929975.112.47$2,915
Jan 20232,16917,04376.533.39$223,730
Dec 20225,09340,57576.415.73$621,614
Nov 20226,94940,76285.005.65$820,815
Oct 20229,07436,18987.185.86$1,003,275
Sep 20225,91125,38984.888.16$708,993
Aug 20225,23635,18494.529.13$816,037
Jul 20222,63416,980101.587.54$395,626
Jun 20223341,646115.097.98$51,571
May 20223,61731,936109.378.43$664,909
Apr 20225,08443,654104.226.84$828,343
Mar 20225,48544,738108.885.08$824,315
Feb 20224,58941,43191.054.86$619,135
Jan 20226,71646,87081.844.54$762,319
Dec 20214,46646,31071.323.90$499,083
Nov 20215,23343,20677.435.24$631,455
Oct 20217,07553,62079.795.71$870,892
Sep 20217,52752,17669.865.35$805,026
Aug 20216,48351,63366.024.22$645,929
Jul 20214,21037,24270.783.98$446,284
Jun 20217,75045,28969.493.38$691,652
May 20218,75652,46963.483.02$714,165
Apr 202114,79191,00560.362.76$1,143,815
Mar 20218,15042,61161.302.72$615,367
Feb 202111,50965,03157.805.55$1,026,009
Jan 202122,743124,79650.412.81$1,497,185
Dec 202011,02646,65744.642.68$617,030
Nov 20209,71842,15138.772.71$490,851
Oct 202027,652126,54936.972.48$1,335,937
Sep 202023,43286,24237.091.99$1,040,804
Aug 202031,119123,12539.982.39$1,537,803
Jul 202015,74245,53338.371.83$687,124
Jun 20204311034.901.69$1,687

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         1,178 bbl  × $106.41 =   $125,351
Gas                7,977 Mcf  × $  3.05 =    $24,297

────────────────────────────────────────────────────
Month total                                 $149,648

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/290331 is the state's own key, not one this site invented.