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STATE KATE OLSON 57-T2-17X8

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 290387District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.4 M
Jul 2020 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
71
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
CondensateDisposition309,423 bbl$19,036,150
GasProduction2,507,607 Mcf$9,382,911
Total$28,419,061

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 31.8687, -103.9827. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86872, -103.98269 · 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
9,788 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 9,788 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-38938638W106H9,788 ftJul 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 (71)

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

71 months

May 20261,19623,301106.413.05$198,237
Apr 20261,01019,47798.932.87$155,813
Mar 20261,36723,43289.753.15$196,486
Feb 20261,42323,78263.503.75$179,551
Jan 20261,42525,48059.138.00$288,047
Dec 20251,50825,94956.664.41$199,966
Nov 20251,52223,39058.593.93$181,013
Oct 20251,47023,81959.383.30$166,007
Sep 20251,51923,57062.743.08$167,825
Aug 20251,63327,56663.933.01$187,503
Jul 20251,31422,72766.743.32$163,041
Jun 20251,60624,10766.483.13$182,191
May 20251,67425,47860.553.23$183,714
Apr 20251,75124,22362.363.54$195,017
Mar 20251,93026,08667.704.27$242,004
Feb 20251,65925,35070.884.34$227,630
Jan 20251,86826,95274.324.28$254,149
Dec 20241,95226,94468.993.12$218,771
Nov 20242,02527,73669.052.20$200,802
Oct 20242,38231,89671.372.28$242,771
Sep 20241,80114,65769.612.36$160,022
Aug 20243120,70775.632.06$45,076
Jul 20241,87325,57979.932.15$204,617
Jun 20241,64126,33578.082.63$197,495
May 20241,95427,41878.812.20$214,272
Apr 20241,89224,17084.451.66$199,882
Mar 20242,12725,43880.301.55$210,103
Feb 20241,96425,08176.091.78$194,176
Jan 20242,16526,60773.023.30$245,829
Dec 20232,46027,67571.262.61$247,551
Nov 20232,06525,12277.892.81$231,374
Oct 20231,90424,01685.443.09$236,822
Sep 20231,97122,63489.042.74$237,403
Aug 20232,22322,27580.522.67$238,534
Jul 20232,30420,64874.852.64$227,002
Jun 20232,77518,63568.962.26$233,451
May 20231,0175,51370.622.23$84,100
Apr 202339078.122.24$3,047
Mar 20232,34328,48072.852.39$238,845
Feb 20232,72031,91175.112.47$282,982
Jan 20232,79733,76476.533.39$328,437
Dec 20222,76135,47376.415.73$414,196
Nov 20223,48134,01885.005.65$487,957
Oct 20224,89343,19487.185.86$679,851
Sep 20223,17730,93884.888.16$522,232
Aug 20222,70627,03794.529.13$502,542
Jul 20223,62540,172101.587.54$671,208
Jun 20223,95540,057115.097.98$774,724
May 20223,38646,830109.378.43$765,246
Apr 20221,87223,821104.226.84$357,978
Mar 20221,45418,024108.885.08$249,809
Feb 20223,55237,82291.054.86$507,181
Jan 20224,06943,20181.844.54$529,039
Dec 20214,30743,07371.323.90$475,122
Nov 20214,44344,21077.435.24$575,543
Oct 20214,51843,66079.795.71$609,959
Sep 20215,06843,47469.865.35$586,676
Aug 20217,96652,93766.024.22$749,341
Jul 202111,21066,72870.783.98$1,059,160
Jun 20218,28149,90169.493.38$744,143
May 20217,27558,31663.483.02$637,795
Apr 20217,13853,53560.362.76$578,522
Mar 20219,30363,02761.302.72$741,514
Feb 20218,62053,04457.805.55$792,521
Jan 202112,69973,94750.412.81$847,968
Dec 202014,74970,77144.642.68$847,740
Nov 202032716538.772.71$13,124
Oct 202016,03678,79036.972.48$788,126
Sep 202026,196115,63337.091.99$1,201,840
Aug 202033,714143,51339.982.39$1,690,179
Jul 202016,34254,36638.371.83$726,267

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         1,196 bbl  × $106.41 =   $127,266
Gas               23,301 Mcf  × $  3.05 =    $70,971

────────────────────────────────────────────────────
Month total                                 $198,237

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/290387 is the state's own key, not one this site invented.