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Texas gas well

Producing

STATE LRP 57-T2-12

State LRP 57-T2-12 is a gas well in Reeves County, Texas, operated by BPX Operating Company in the Phantom (Wolfcamp) field.

1 well

99,975mcf gas, last 12 months−20% vs prior year
Operator
BPX Operating Company
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-285099

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
18,142 bbl
Gas in Jul 2026
11,084 mcf

Production by month

Gas output fell 20% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 20% over the last 12 monthsMonthly gas production and oil for STATE LRP 57-T2-12, Aug 2023 to Jul 2026. Gas output fell 20% over the last 12 months. 99,975 mcf in the 12 months through Jul 2026, against 124,452 mcf in the 12 months before.Last 12 months: 99,975 mcfmcf per monthbbl per month0010k2,00020k4,00030k6,00040k8,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 20% over the last 12 monthsMonthly gas production and oil for STATE LRP 57-T2-12, Aug 2023 to Jul 2026. Gas output fell 20% over the last 12 months. 99,975 mcf in the 12 months through Jul 2026, against 124,452 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k2,00020k4,00030k6,00040k8,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.9% of the gas in Aug 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of STATE LRP 57-T2-12 gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.9% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of STATE LRP 57-T2-12 gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.9% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Flared 15.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 91,416 mcf

  • Lease fuel (1)

    7.8% · 7,832 mcf

  • Flared (4)

    0.7% · 727 mcf

0.7% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on STATE LRP 57-T2-12
API numberWell no.Status
42-389-36140W103HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bp Products North America Inc.CondensateGathers100Nov 1, 2025–
Bp Energy Co.Gas-well gasBuys100Aug 1, 2019–
Bpx Permian Jv Holdings LLCGas-well gasGathers100Nov 1, 2025–
Lion Oil Trading & Trans, LLCCondensateGathers100Feb 21, 2020Nov 1, 2025
Bpx Midstream LLCGas-well gasGathers100Aug 1, 2019Nov 1, 2025
Enterprise Crude Oil LLCCondensateGathers100Feb 1, 2020Feb 21, 2020
Bp Products North America Inc.CondensateGathers100Aug 1, 2019Feb 1, 2020
Bridger Transportation, LLCCondensateGathers50Mar 7, 2018Aug 1, 2019
Lion Oil Trading & Trans, LLCCondensateGathers50Mar 7, 2018Aug 1, 2019

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

Who buys my oilOil price check

642.86 acres on the newest permit

Check your decimal on this lease
Permits for State LRP 57-T2-12
API numberWell no.Acreson the permit
42-389-36140W103H642.86

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

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36 months, newest first

Ledger for STATE LRP 57-T2-12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,4291,36411,0849,9732$80.46$2.89
Jun 20261,4451,38810,4519,34950$84.81$3.15
May 20261,4921,63311,11210,09750$102.13$2.94
Apr 20261,3201,46910,6809,8039$100.32$2.77
Mar 20261,7121,5318,8768,2154$91.38$3.04
Feb 20261,3921,2977,8287,2461$64.51$3.62
Jan 20261,3691,3838,8498,1370$60.04$7.72
Dec 20251,5031,5018,5378,3260$57.97$4.26
Nov 20251,3781,3768,4177,9090$60.06$3.79
Oct 20251,5601,5978,9688,5780$60.89$3.19
Sep 20251,4181,5402,3131,764156$63.96$2.97
Aug 20252,1242,3872,8602,019455$64.86$2.91
Jul 20251,6791,37611,5629,7031,802$68.39$3.20
Jun 20251,3761,4016,8215,723149$68.17$3.02
May 20256,0526,19126,72824,63149$62.17$3.12
Apr 20251,7411,4419,9858,64038$63.54$3.42
Mar 20251,6311,6019,7878,77431$68.24$4.12
Feb 20251,2581,3367,1226,31823$71.53$4.19
Jan 20251,1941,0736,9476,24517$75.74$4.13
Dec 20241,2241,4538,7257,71024$70.12$3.01
Nov 20241,6011,40610,6139,11927$69.95$2.12
Oct 20241,8131,86910,5398,95925$71.99$2.20
Sep 20241,8811,8638,4617,62514$70.24$2.28
Aug 20241,5101,5537,1626,44022$76.68$1.99
Jul 20242,1762,23511,17210,26525$81.80$2.07
Jun 20242,2992,2139,8329,05727$79.77$2.54
May 20242,3262,4299,0168,46316$80.02$2.12
Apr 20242,4082,2837,9227,69311$85.35$1.60
Mar 20242,3672,5038,0517,6009$81.28$1.49
Feb 20242,4252,3655,5515,2726$77.25$1.72
Jan 20242,0882,7314,6074,1298$74.15$3.18
Dec 20232,4152,1865,6604,9728$71.90$2.52
Nov 20232,3172,2194,6724,0249$77.69$2.71
Oct 20232,3372,2377,0056,04611$85.64$2.98
Sep 20232,1422,0216,0725,29310$89.43$2.64
Aug 20237668031,8811,70012$81.39$2.58

Flared above 3%

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

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