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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 290448District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$33.0 M
Jul 2020 – May 2026
Value, last 12 filed months
$1.3 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
CondensateDisposition385,238 bbl$24,436,297
GasProduction2,232,722 Mcf$8,538,226
Total$32,974,523

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 31.8688, -103.9839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86877, -103.98389 · 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
9,605 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 9,605 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-38938639W111H9,605 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 202668314,821106.413.05$117,820
Apr 202652412,54598.932.87$87,840
Mar 202668914,89489.753.15$108,746
Feb 202668313,62663.503.75$94,472
Jan 202670315,40959.138.00$164,808
Dec 202563815,62456.664.41$105,103
Nov 202584915,98658.593.93$112,511
Oct 202590316,91159.383.30$109,508
Sep 20251,08416,45262.743.08$118,632
Aug 20251,13515,76963.933.01$120,100
Jul 20254326,31866.743.32$49,777
Jun 20255909,82566.483.13$69,963
May 202599515,29560.553.23$109,686
Apr 20251,07213,65762.363.54$115,238
Mar 20251,32910,54067.704.27$134,961
Feb 20253573,02670.884.34$38,440
Jan 20251,51613,65674.324.28$171,099
Dec 20241,71814,05368.993.12$162,389
Nov 20241,63013,57669.052.20$142,398
Oct 20241,71614,42971.372.28$155,389
Sep 20241,98916,30169.612.36$176,996
Aug 20243116,56275.632.06$36,522
Jul 20241,86216,38179.932.15$183,993
Jun 20241,45419,52578.082.63$164,957
May 20241,89816,25978.812.20$185,326
Apr 20242,09516,49784.451.66$204,295
Mar 20242,27916,96880.301.55$209,221
Feb 20241,78414,33976.091.78$161,320
Jan 20242,82720,48773.023.30$273,987
Dec 20233,62925,84771.262.61$326,082
Nov 20233,67624,24377.892.81$354,387
Oct 20233,24119,69485.443.09$337,712
Sep 20234,00722,16689.042.74$417,408
Aug 20234,63123,28980.522.67$435,137
Jul 20234,60419,01974.852.64$394,854
Jun 20234,72114,54068.962.26$358,398
May 20232,5306,96770.622.23$194,187
Apr 202365078.122.24$5,078
Mar 20233,84033,15072.852.39$359,077
Feb 20233,62531,46675.112.47$349,859
Jan 20234,35235,81976.533.39$454,403
Dec 20224,75137,82476.415.73$579,721
Nov 20224,29634,84485.005.65$561,896
Oct 20224,97734,48187.185.86$636,083
Sep 20223,77427,41384.888.16$544,128
Aug 20224,19930,44394.529.13$674,748
Jul 20224,85536,476101.587.54$768,276
Jun 20224,81432,024115.097.98$809,505
May 20223,20617,728109.378.43$500,141
Apr 20225,96839,238104.226.84$890,279
Mar 20224,37343,970108.885.08$699,342
Feb 20226,60856,07491.054.86$874,113
Jan 20226,80235,25781.844.54$716,661
Dec 20218,83170,64071.323.90$905,261
Nov 20217,56456,47477.435.24$881,426
Oct 20219,39887,96179.795.71$1,252,464
Sep 20216,58638,96569.865.35$668,597
Aug 20217,17937,05166.024.22$630,335
Jul 20219,55146,22670.783.98$860,095
Jun 20219,85946,06369.493.38$840,823
May 202111,50354,38463.483.02$894,323
Apr 202111,67856,65560.362.76$861,162
Mar 202114,56968,90761.302.72$1,080,296
Feb 202113,95061,16057.805.55$1,145,623
Jan 202119,04381,06950.412.81$1,187,783
Dec 202020,29373,57544.642.68$1,102,726
Nov 20204572,10538.772.71$23,415
Oct 202011,66346,78136.972.48$547,125
Sep 202032,472116,48537.091.99$1,436,313
Aug 202035,571132,50139.982.39$1,738,157
Jul 202018,06254,01738.371.83$791,626

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           683 bbl  × $106.41 =    $72,678
Gas               14,821 Mcf  × $  3.05 =    $45,142

────────────────────────────────────────────────────
Month total                                 $117,820

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/290448 is the state's own key, not one this site invented.