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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 290466District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$33.7 M
Jul 2020 – May 2026
Value, last 12 filed months
$2.5 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
CondensateDisposition375,916 bbl$23,849,810
GasProduction2,562,898 Mcf$9,885,281
Total$33,735,091

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 31.8689, -103.9785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86891, -103.97850 · 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
9,660 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 9,660 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-38938574W109H9,660 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 20261,65733,402106.413.05$278,059
Apr 20261,61133,36598.932.87$255,124
Mar 20261,55324,35189.753.15$216,074
Feb 20261,51322,57363.503.75$180,731
Jan 20261,94127,84959.138.00$337,505
Dec 20251,71524,50756.664.41$205,330
Nov 20251,50119,82258.593.93$165,773
Oct 20251,51517,63359.383.30$148,235
Sep 20251,46020,21062.743.08$153,785
Aug 20251,66118,55363.933.01$162,121
Jul 20251,58021,16266.743.32$175,605
Jun 20251,68321,37866.483.13$178,772
May 20251,71421,50460.553.23$173,291
Apr 20251,83920,60462.363.54$187,682
Mar 20252,18220,33867.704.27$234,530
Feb 20251,88819,24570.884.34$217,361
Jan 20251,61217,95474.324.28$196,623
Dec 20241,97020,63868.993.12$200,329
Nov 202484413,01269.052.20$86,884
Oct 20241,80222,20071.372.28$179,256
Sep 20241,95523,40669.612.36$191,428
Aug 20244623,45475.632.06$51,879
Jul 20242,79224,98979.932.15$276,806
Jun 20241,72817,62978.082.63$181,357
May 20241,38416,34378.812.20$145,002
Apr 20242,30825,64384.451.66$237,457
Mar 20242,00722,09380.301.55$195,299
Feb 20242,27723,45476.091.78$215,090
Jan 20241,92427,16873.023.30$230,081
Dec 20231,61427,91071.262.61$187,879
Nov 202340477.892.81$3,127
Oct 20232,45033,15485.443.09$311,684
Sep 20232,87235,77589.042.74$353,569
Aug 20233,27836,43780.522.67$361,336
Jul 20233,36337,69874.852.64$351,311
Jun 20233,77537,81368.962.26$345,724
May 20234,74242,48870.622.23$429,518
Apr 20233,93035,54278.122.24$386,546
Mar 20238878,69372.852.39$85,422
Feb 20232,83826,82875.112.47$279,311
Jan 20233,69533,99176.533.39$397,930
Dec 20224,59350,03376.415.73$637,594
Nov 20222,71148,59985.005.65$504,835
Oct 20224,00341,86187.185.86$594,444
Sep 20223,14134,84384.888.16$551,055
Aug 20223,20938,26794.529.13$652,584
Jul 20223,65046,623101.587.54$722,401
Jun 20224,47443,696115.097.98$863,484
May 20225,72246,221109.378.43$1,015,599
Apr 20225,64046,372104.226.84$904,874
Mar 20226,53351,056108.885.08$970,494
Feb 20226,63845,87791.054.86$827,299
Jan 20227,51248,14681.844.54$833,253
Dec 20218,00448,63471.323.90$760,475
Nov 20217,97141,25977.435.24$833,262
Oct 202110,90760,75679.795.71$1,217,421
Sep 20217,74941,95869.865.35$765,859
Aug 202111,59245,98666.024.22$959,392
Jul 20216,34821,85070.783.98$536,320
Jun 20214,40613,20969.493.38$350,828
May 20211,8399,32363.483.02$144,873
Apr 202111,75267,96060.362.76$896,813
Mar 202113,87174,99361.302.72$1,054,044
Feb 202113,58067,88457.805.55$1,161,541
Jan 202117,42982,34750.412.81$1,110,013
Dec 202019,28976,28344.642.68$1,065,153
Nov 20202,94010,19138.772.71$141,566
Oct 202013,52954,84136.972.48$636,087
Sep 202031,794116,29337.091.99$1,410,783
Aug 202034,132130,49839.982.39$1,675,848
Jul 202017,81256,22738.371.83$786,067

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         1,657 bbl  × $106.41 =   $176,321
Gas               33,402 Mcf  × $  3.05 =   $101,737

────────────────────────────────────────────────────
Month total                                 $278,059

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/290466 is the state's own key, not one this site invented.