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STATE PROTECTOR 55-T2-2X11 PSA

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.

Oil lease lease 48016District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.5 M
Nov 2015 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition409,529 bbl$21,614,021
Casinghead gasProduction883,691 Mcf$2,857,988
Total$24,472,010

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 31.8620, -103.7358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86195, -103.73585 · 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
11,364 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 11,364 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-301326441H11,364 ftNov 2015——

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 (127)

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

127 months

May 20261,0735,055106.413.05$129,575
Apr 20261,6424,80998.932.87$176,244
Mar 20261,6095,62389.753.15$162,117
Feb 20261,2675,18363.503.75$99,892
Jan 20261,6525,05559.138.00$138,112
Dec 20251,2304,99356.664.41$91,728
Nov 20251,4245,12958.593.93$103,571
Oct 20251,7944,98359.383.30$122,996
Sep 20251,4134,82062.743.08$103,482
Aug 20251,7465,00263.933.01$126,702
Jul 20252,2185,07666.743.32$164,857
Jun 20256833,74366.483.13$57,117
May 20257174,98960.553.23$59,540
Apr 20251834,81262.363.54$28,461
Mar 20251,1525,02167.704.27$99,422
Feb 20252,3205,10970.884.34$186,619
Jan 20259245,01974.324.28$90,146
Dec 20242,9795,47668.993.12$222,614
Nov 20242,5544,92869.052.20$187,188
Oct 20242,4205,76371.372.28$185,863
Sep 20241,3985,31069.612.36$109,870
Aug 20242,8165,91975.632.06$225,189
Jul 20241,8966,94079.932.15$166,445
Jun 20242,4249,26778.082.63$213,675
May 20241,7805,01778.812.20$151,311
Apr 20241,0074,86484.451.66$93,112
Mar 20241,0084,99480.301.55$88,659
Feb 20241,6194,68376.091.78$131,543
Jan 20241,2695,03073.023.30$109,250
Dec 20235335,03171.262.61$51,116
Nov 20232,1047,92477.892.81$186,128
Oct 20233,0447,56085.443.09$283,419
Sep 20233,20410,63389.042.74$314,366
Aug 20233,12510,84680.522.67$280,615
Jul 20233,0164,75374.852.64$238,304
Jun 20232,85010,22268.962.26$219,622
May 20233471,76570.622.23$28,437
Apr 20231,4146,82678.122.24$125,737
Mar 20231,6187,10972.852.39$134,884
Feb 20231,8246,34375.112.47$152,640
Jan 20231,7396,96376.533.39$156,674
Dec 20221,0634,34676.415.73$106,122
Nov 20221,2943,74285.005.65$131,118
Oct 20222,1126,56887.185.86$222,637
Sep 20223,1509,29084.888.16$343,213
Aug 20222,8097,76294.529.13$336,352
Jul 20222,3288,527101.587.54$300,790
Jun 20221,7806,675115.097.98$258,108
May 20222,4609,262109.378.43$347,157
Apr 20221,9806,533104.226.84$251,026
Mar 20228904,384108.885.08$119,158
Feb 20225631,82691.054.86$60,133
Jan 20223,0924,82081.844.54$274,921
Dec 20211,6585,00371.323.90$137,756
Nov 20212,5995,71777.435.24$231,180
Oct 20211,6584,96279.795.71$160,644
Sep 20211,8496,53569.865.35$164,139
Aug 20212,59310,16466.024.22$214,088
Jul 20212,4559,31370.783.98$210,850
Jun 20211,9585,01169.493.38$153,002
May 20212,1497,22863.483.02$158,230
Apr 20212,7338,02060.362.76$187,086
Mar 20212,3967,73461.302.72$167,888
Feb 20211,8645,70157.805.55$139,368
Jan 20212,0864,94350.412.81$119,046
Dec 20202,62812,24944.642.68$150,086
Nov 20202,9429,08638.772.71$138,653
Oct 20201,4847,33436.972.48$73,040
Sep 20201,9813,84637.091.99$81,133
Aug 20202,7295,20039.982.39$121,508
Jul 20203,0565,21938.371.83$126,784
Jun 20202,4995,07134.901.69$95,787
May 20202,3583,78516.921.81$46,766
Apr 20202,2308,93514.751.80$49,015
Mar 20201,2887,78930.341.86$53,536
Feb 20202,8519,00349.881.98$160,040
Jan 20203,6437,72957.252.09$224,752
Dec 20191,84210,82659.012.30$133,643
Nov 20192,05010,04355.302.75$140,990
Oct 20192,47610,24853.472.42$157,177
Sep 20192,2498,29855.052.66$145,858
Aug 20193,32912,29853.112.30$205,142
Jul 20192,92010,30156.272.46$189,649
Jun 20191,6835,94652.782.49$103,641
May 20192,2365,50258.482.74$145,839
Apr 20195453,23962.632.75$43,043
Mar 20191,5464,61156.803.06$101,932
Feb 20191,5202,84950.852.79$85,247
Jan 20199242,94046.033.23$52,023
Dec 20182,6106,68646.594.19$149,584
Nov 20182,1537,56052.934.24$145,992
Oct 20181,7725,15061.443.40$126,372
Sep 20183,0075,05559.543.11$194,748
Aug 20183,1805,10059.403.07$204,531
Jul 20182,0775,86465.142.93$152,488
Jun 20182,2614,94160.183.08$151,270
May 20183,4665,03265.382.90$241,204
Apr 20183,2666,33063.842.90$226,864
Mar 20183,0004,82761.222.79$197,112
Feb 20182,4565,09061.782.77$165,811
Jan 20183,6009,33762.874.01$263,767
Dec 20173,0386,85957.272.92$194,025
Nov 20173,5824,76855.423.12$213,383
Oct 20173,5497,75549.292.98$198,069
Sep 20174,4056,13947.523.09$228,278
Aug 20174,9875,08445.373.00$241,535
Jul 20175,3559,13543.873.09$263,126
Jun 20175,3897,91442.493.09$253,411
May 20175,80112,74845.373.26$304,793
Apr 20173,9099,18847.933.21$216,867
Mar 20175,2123,45046.772.98$254,059
Feb 20174,8276,13450.452.95$261,633
Jan 20174,2964,68949.413.42$228,296
Dec 20164,0624,67148.763.72$215,452
Nov 20165,62910,74042.492.64$267,577
Oct 20165,3997,49646.193.09$272,544
Sep 20165,5649,28041.553.10$259,958
Aug 20167,34014,12941.442.92$345,488
Jul 20165,83310,46041.622.92$273,358
Jun 20165,92311,04345.352.69$298,268
May 20167,5569,85942.521.99$340,911
Apr 201610,51811,15336.561.99$406,744
Mar 201613,12418,08233.011.79$465,663
Feb 201611,5948,80526.472.06$325,063
Jan 201620,12713,74827.352.36$582,979
Dec 201521,4274,13932.362.00$701,662
Nov 201524,67230,25138.792.17$1,022,591

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
Oil                1,073 bbl  × $106.41 =   $114,178
Casinghead gas     5,055 Mcf  × $  3.05 =    $15,397

────────────────────────────────────────────────────
Month total                                 $129,575

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/O/48016 is the state's own key, not one this site invented.