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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 290516District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$27.1 M
Jul 2020 – May 2026
Value, last 12 filed months
$2.1 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
CondensateDisposition314,578 bbl$18,449,067
GasProduction2,531,616 Mcf$8,647,573
Total$27,096,640

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, -103.9801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86887, -103.98006 · 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
9,839 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 9,839 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-38938572W107H9,839 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 20261,64829,404106.413.05$264,924
Apr 20261,26321,44998.932.87$186,501
Mar 20261,70130,25389.753.15$247,945
Feb 20261,76030,76863.503.75$227,150
Jan 20261,57529,20559.138.00$326,709
Dec 20251,24225,80256.664.41$184,245
Nov 202589017,44958.593.93$120,658
Oct 202585018,70259.383.30$112,280
Sep 202595817,50062.743.08$113,951
Aug 202584817,36063.933.01$106,549
Jul 202538020,19866.743.32$92,322
Jun 202539619,07166.483.13$85,994
May 202587514,65160.553.23$100,338
Apr 20257279,42162.363.54$78,715
Mar 20251,15113,38367.704.27$135,046
Feb 20255868,35370.884.34$77,795
Jan 20251,04716,23074.324.28$147,256
Dec 20241,00822,14468.993.12$138,662
Nov 202458212,93769.052.20$68,628
Oct 202462017,33071.372.28$83,786
Sep 202475221,14969.612.36$102,351
Aug 20241323,68275.632.06$49,854
Jul 202478919,80279.932.15$105,572
Jun 202450910,81978.082.63$68,240
May 202496517,28778.812.20$114,056
Apr 20242,07432,87584.451.66$229,696
Mar 20242,18733,14080.301.55$226,822
Feb 20242,00230,95176.091.78$207,538
Jan 20242,32634,54673.023.30$283,765
Dec 20232,75638,72071.262.61$297,480
Nov 20231,95033,67977.892.81$246,441
Oct 20231,84734,35885.443.09$263,880
Sep 20232,23334,82589.042.74$294,074
Aug 20232,61037,09380.522.67$309,302
Jul 20232,87236,58974.852.64$311,630
Jun 20233,58438,37468.962.26$333,820
May 20237,49561,11770.622.23$665,429
Apr 20233,78549,34078.122.24$406,095
Mar 20233,64545,94372.852.39$375,487
Feb 20233,26036,88075.112.47$335,793
Jan 20233,72237,34876.533.39$411,369
Dec 20222,07816,71376.415.73$254,530
Nov 20221085.005.65$85
Oct 2022101087.185.86$8,805
Sep 20221161,54384.888.16$22,443
Aug 20227429,88294.529.13$160,328
Jul 20221,20728,271101.587.54$335,829
Jun 20222,03736,213115.097.98$523,317
May 20222,44638,472109.378.43$591,955
Apr 20222,76838,169104.226.84$549,465
Mar 20223,61944,020108.885.08$617,500
Feb 20223,64138,79691.054.86$520,017
Jan 20224,23240,93681.844.54$532,101
Dec 20214,96243,39871.323.90$523,104
Nov 20215,10235,45777.435.24$580,731
Oct 20215,72441,28879.795.71$692,632
Sep 20216,31839,69669.865.35$653,786
Aug 20218,14839,29566.024.22$703,779
Jul 20214,38020,83670.783.98$392,987
Jun 20215,44536,63169.493.38$502,209
May 20211,94414,25263.483.02$166,413
Apr 20219,16862,62360.362.76$726,121
Mar 202111,44872,25961.302.72$898,086
Feb 202111,98074,20157.805.55$1,104,107
Jan 202118,302106,94250.412.81$1,223,140
Dec 202021,163102,34744.642.68$1,218,542
Nov 20203626138.772.71$14,200
Oct 202022,548111,34436.972.48$1,109,558
Sep 202031,338133,99037.091.99$1,429,106
Aug 202036,814153,01439.982.39$1,836,777
Jul 202014,96150,84038.371.83$666,843

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         1,648 bbl  × $106.41 =   $175,364
Gas               29,404 Mcf  × $  3.05 =    $89,560

────────────────────────────────────────────────────
Month total                                 $264,924

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/290516 is the state's own key, not one this site invented.