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 292060District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$43.0 M
Aug 2021 – May 2026
Value, last 12 filed months
$3.6 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
CondensateDisposition389,311 bbl$30,832,237
GasProduction2,659,155 Mcf$12,124,823
Total$42,957,060

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, -103.9713. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86875, -103.97129 · 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
9,974 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 9,974 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-38938911W102H9,974 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 20262,39442,060106.413.05$382,854
Apr 20262,84050,34998.932.87$425,449
Mar 20263,33252,97989.753.15$465,901
Feb 20266589,59263.503.75$77,756
Jan 20263,34564,13359.138.00$710,720
Dec 202574417,31556.664.41$118,572
Nov 20251,88640,76958.593.93$270,578
Oct 20251,44622,63459.383.30$160,665
Sep 20252,09731,64162.743.08$228,923
Aug 20252,27034,48363.933.01$249,079
Jul 20252,39935,64666.743.32$278,283
Jun 20252,48032,06566.483.13$265,193
May 20252,93635,25760.553.23$291,737
Apr 20253,59231,86162.363.54$336,884
Mar 202510290967.704.27$10,785
Feb 20258070.884.34$567
Jan 20254925,66574.324.28$60,804
Dec 20243,12331,31268.993.12$313,192
Nov 202410469.052.20$699
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20248078.082.63$625
May 20249351,49578.812.20$76,974
Apr 20249014,64684.451.66$83,798
Mar 20241,57211,53980.301.55$144,061
Feb 20242,05520,14776.091.78$192,300
Jan 20242,15919,81573.023.30$222,993
Dec 20231,98718,05871.262.61$188,738
Nov 20232,27125,76477.892.81$249,222
Oct 20234,38252,04185.443.09$535,063
Sep 20233,70441,91089.042.74$444,430
Aug 20231761,40380.522.67$17,922
Jul 20232,12729,38474.852.64$236,833
Jun 20234,65453,27668.962.26$441,263
May 20235,73062,47470.622.23$543,807
Apr 20236,15263,58278.122.24$622,876
Mar 20236,64971,54372.852.39$655,594
Feb 20236,79568,37275.112.47$678,956
Jan 20237,73679,38476.533.39$860,967
Dec 20228,57184,96076.415.73$1,141,653
Nov 20227,48064,01485.005.65$997,236
Oct 202210,53870,67887.185.86$1,333,142
Sep 20227,42256,30184.888.16$1,089,603
Aug 20227,52055,25394.529.13$1,215,093
Jul 20224,61437,162101.587.54$748,969
Jun 20226,38346,688115.097.98$1,107,059
May 202212,61392,016109.378.43$2,155,458
Apr 20224,80134,983104.226.84$739,560
Mar 20227,90756,394108.885.08$1,147,193
Feb 202218,59397,98291.054.86$2,168,972
Jan 202222,554145,64381.844.54$2,506,701
Dec 202131,146172,76671.323.90$2,894,968
Nov 202133,288175,41077.435.24$3,496,086
Oct 202125,601079.795.71$2,042,704
Sep 202164,358209,71669.865.35$5,618,223
Aug 202119,77595,68266.024.22$1,709,380

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         2,394 bbl  × $106.41 =   $254,746
Gas               42,060 Mcf  × $  3.05 =   $128,108

────────────────────────────────────────────────────
Month total                                 $382,854

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/292060 is the state's own key, not one this site invented.