STATE PONY 57-T2-16X9

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 292033District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$36.4 M
Aug 2021 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
58
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition313,586 bbl$24,883,507
GasProduction2,626,280 Mcf$11,548,504
Total$36,432,011

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, -103.9739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86874, -103.97386 · 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
9,935 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 9,935 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-38938908W101H9,935 ftAug 2021

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 (58)

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

58 months

May 20261331,223106.413.05$17,878
Apr 202692716,09698.932.87$137,899
Mar 202656089.753.15$5,026
Feb 20263,05261,45863.503.75$424,289
Jan 20261,89559,69059.138.00$589,447
Dec 202561931,57156.664.41$174,407
Nov 20251,39721,21658.593.93$165,154
Oct 20251,17823,91559.383.30$148,985
Sep 20251,47621,02762.743.08$157,303
Aug 20251,71120,93063.933.01$172,483
Jul 20252,08925,62966.743.32$224,385
Jun 20251,29214,62366.483.13$131,643
May 20251,33514,57760.553.23$127,952
Apr 20251,46011,65562.363.54$132,341
Mar 20251,30419,35367.704.27$170,886
Feb 20251,67828,44470.884.34$242,407
Jan 20253,69023,04574.324.28$372,843
Dec 20241,57119,94568.993.12$170,639
Nov 20241,82919,76669.052.20$169,747
Oct 20242,48129,43471.372.28$244,220
Sep 20241,96223,29169.612.36$191,643
Aug 20242624,03875.632.06$51,572
Jul 20241,57525,25479.932.15$180,100
Jun 20242,35431,67278.082.63$267,224
May 20241,96135,97578.812.20$233,635
Apr 20241,99530,66284.451.66$219,352
Mar 20242,45539,24180.301.55$257,769
Feb 20241,40626,71476.091.78$154,631
Jan 202490411,08373.023.30$102,558
Dec 20232,26154,84871.262.61$304,312
Nov 20232,91248,82777.892.81$363,900
Oct 20232,90553,61185.443.09$413,715
Sep 20233,28353,52689.042.74$438,714
Aug 20234,40659,59680.522.67$514,064
Jul 20233,26045,86774.852.64$365,182
Jun 20233,33635,79368.962.26$310,888
May 20232,25526,54270.622.23$218,368
Apr 20233,09135,14878.122.24$320,122
Mar 20234,51259,03272.852.39$469,972
Feb 20234,60861,86875.112.47$498,654
Jan 20235,12255,17076.533.39$578,887
Dec 20225,70855,17076.415.73$752,222
Nov 20225,58160,75285.005.65$817,403
Oct 20226,82659,61687.185.86$944,665
Sep 20226,84660,63584.888.16$1,076,093
Aug 20224,84940,04794.529.13$823,843
Jul 20228,19066,047101.587.54$1,330,072
Jun 20227,91059,485115.097.98$1,384,886
May 20228,74463,931109.378.43$1,495,464
Apr 20227,64559,403104.226.84$1,202,936
Mar 202214,07299,925108.885.08$2,039,419
Feb 20222,75615,92891.054.86$328,325
Jan 202217,245104,83681.844.54$1,887,043
Dec 202125,627147,72771.323.90$2,403,723
Nov 202129,643133,34777.435.24$2,993,576
Oct 2021551079.795.71$43,964
Sep 202141,253173,04469.865.35$3,807,879
Aug 202132,378125,03266.024.22$2,665,304

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           133 bbl  × $106.41 =    $14,153
Gas                1,223 Mcf  × $  3.05 =     $3,725

────────────────────────────────────────────────────
Month total                                  $17,878

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/292033 is the state's own key, not one this site invented.