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Texas gas well

Producing

STATE FOUR QUEENS 56-T3-14X23 BB

State Four Queens 56-T3-14X23 BB is a gas well in Reeves County, Texas, operated by BPX Operating Company in the Phantom (Wolfcamp) field.

1 well

1,150,306mcf gas, last 12 months
Operator
BPX Operating Company
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-299392

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
109,462 bbl
Gas in Jul 2026
77,450 mcf

Production by month

Gas output fell 63% since May 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 63% since May 2025Monthly gas production and oil for STATE FOUR QUEENS 56-T3-14X23 BB, May 2025 to Jul 2026. Gas output fell 63% since May 2025. Monthly average of 65,598 mcf in the latest 3 months, against 179,110 mcf in the first 3.mcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kJul 25OctJan 26AprJul
Gas output fell 63% since May 2025Monthly gas production and oil for STATE FOUR QUEENS 56-T3-14X23 BB, May 2025 to Jul 2026. Gas output fell 63% since May 2025. Monthly average of 65,598 mcf in the latest 3 months, against 179,110 mcf in the first 3.mcf per monthbbl per month0050k10k100k20k150k30k200k40k250k50kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of STATE FOUR QUEENS 56-T3-14X23 BB gas by disposition code each month, May 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jul 25OctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of STATE FOUR QUEENS 56-T3-14X23 BB gas by disposition code each month, May 2025 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 1,136,669 mcf

  • Lease fuel (1)

    1.1% · 12,199 mcf

  • Flared (4)

    0.1% · 1,438 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on STATE FOUR QUEENS 56-T3-14X23 BB
API numberWell no.Status
42-389-41186W202HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bpx Permian Jv Holdings LLCCondensateGathers100Nov 1, 2025–
Bp Energy Co.Gas-well gasBuys100May 2, 2025–
Bpx Permian Jv Holdings LLCGas-well gasGathers100Nov 1, 2025–
Bp Products North America Inc.CondensateGathers100May 2, 2025Nov 1, 2025
Bpx Midstream LLCGas-well gasGathers100May 2, 2025Nov 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,282.31 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for State Four Queens 56-T3-14X23 BB
API numberWell no.Acreson the permit
42-389-41186W202H1,282.31

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

15 months, newest first

Ledger for STATE FOUR QUEENS 56-T3-14X23 BB
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,0015,98577,45076,70085$80.46$2.89
Jun 20263,3973,41246,70646,048102$84.81$3.15
May 20265,6525,71072,63971,615133$102.13$2.94
Apr 20266,7806,80481,16480,066118$100.32$2.77
Mar 20267,7177,73787,41686,208121$91.38$3.04
Feb 20267,6107,61386,76585,53390$64.51$3.62
Jan 20268,7508,79196,64394,972137$60.04$7.72
Dec 202510,33010,347108,817107,170129$57.97$4.26
Nov 202511,11911,121107,677105,988130$60.06$3.79
Oct 202512,25412,253117,368116,441131$60.89$3.19
Sep 202513,43213,442126,802126,14297$63.96$2.97
Aug 202516,42016,464140,859139,786165$64.86$2.91
Jul 202520,47320,599159,791157,830184$68.39$3.20
Jun 202523,21523,327176,005173,308372$68.17$3.02
May 202533,23932,747201,533199,151186$62.17$3.12

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorBPX Operating CompanyFieldPhantom (Wolfcamp)CountyReeves County

BPX Operating Company in Reeves County

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Phantom (Wolfcamp) field

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