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Texas gas well

Producing

STATE OLSON 57-T2-8

State Olson 57-T2-8 is a gas well in Reeves County, Texas, operated by BPX Operating Company in the Phantom (Wolfcamp) field.

1 well

134,693mcf gas, last 12 months−16% vs prior year
Operator
BPX Operating Company
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-278122

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
11,555 bbl
Gas in Jul 2026
10,154 mcf

Production by month

Gas output fell 16% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for STATE OLSON 57-T2-8, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 134,693 mcf in the 12 months through Jul 2026, against 159,430 mcf in the 12 months before.Last 12 months: 134,693 mcfmcf per monthbbl per month005,00050010k1,00015k1,50020k2,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for STATE OLSON 57-T2-8, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 134,693 mcf in the 12 months through Jul 2026, against 159,430 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,00050010k1,00015k1,50020k2,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuelShare of STATE OLSON 57-T2-8 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuelShare of STATE OLSON 57-T2-8 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Nov 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    84% · 112,681 mcf

  • Lease fuel (1)

    16% · 21,090 mcf

  • Flared (4)

    0.7% · 922 mcf

0.7% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on STATE OLSON 57-T2-8
API numberWell no.Status
42-389-342411HActive

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 gasBuys100Aug 1, 2019–
Bpx Permian Jv Holdings LLCGas-well gasGathers100Nov 1, 2025–
Bp Products North America Inc.CondensateGathers100Aug 1, 2019Nov 1, 2025
Bpx Midstream LLCGas-well gasGathers100Aug 1, 2019Nov 1, 2025
Trafigura Trading LLCCondensateGathers100Nov 1, 2017Aug 1, 2019
Bhp Billiton Pet(Txla Op) COGas-well gasGathers100Aug 9, 2014Aug 1, 2019
Bp Energy Co.Gas-well gasBuys14Apr 1, 2018Aug 1, 2019
Castleton Commod Merch Trdg L.p.Gas-well gasBuys43Apr 1, 2018Aug 1, 2019

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

Who buys my oilOil price check

646.80 acres on the newest permit

Check your decimal on this lease
Permits for State Olson 57-T2-8
API numberWell no.Acreson the permit
42-389-342411H646.80

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

Unit decimal checker

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36 months, newest first

Ledger for STATE OLSON 57-T2-8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202682275010,1548,25323$80.46$2.89
Jun 202662092311,3659,42294$84.81$3.15
May 202655475611,2169,26593$102.13$2.94
Apr 20261,0811,1339,4807,66493$100.32$2.77
Mar 202680857110,1287,964134$91.38$3.04
Feb 20261,16595210,5147,962266$64.51$3.62
Jan 202689276410,5739,00726$60.04$7.72
Dec 20259661,14511,4439,82130$57.97$4.26
Nov 20251,2451,12211,5049,83556$60.06$3.79
Oct 20251,3441,31712,64911,59239$60.89$3.19
Sep 202588192911,7719,99435$63.96$2.97
Aug 20251,1771,10013,89611,90233$64.86$2.91
Jul 20251,2521,30014,89912,34828$68.39$3.20
Jun 20251,1971,32315,63011,29033$68.17$3.02
May 20251,8991,69518,34413,86826$62.17$3.12
Apr 202597699916,40411,901216$63.54$3.42
Mar 20251,2351,32917,94013,46011$68.24$4.12
Feb 20251,0301,12012,2948,26426$71.53$4.19
Jan 20251,9232,17417,52612,740266$75.74$4.13
Dec 20241,4681,15614,69910,17458$70.12$3.01
Nov 20241,8441,88912,7648,300193$69.95$2.12
Oct 20246265516,4312,09815$71.99$2.20
Sep 20248168286,2962,05949$70.24$2.28
Aug 20246697396,2031,86818$76.68$1.99
Jul 20246065986,4302,06060$81.80$2.07
Jun 20247087156,1931,95767$79.77$2.54
May 20244303875,3281,50677$80.02$2.12
Apr 20245766166,2972,10929$85.35$1.60
Mar 20245868017,8693,52746$81.28$1.49
Feb 20247495697,4823,42835$77.25$1.72
Jan 20246566446,8602,51549$74.15$3.18
Dec 20236525437,0232,69730$71.90$2.52
Nov 20232923622,60491911$77.69$2.71
Oct 20238107186,4792,13027$85.64$2.98
Sep 20233613584,7371,31482$89.43$2.64
Aug 20236107215,7491,40626$81.39$2.58

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

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Nearby

This lease belongs to

OperatorBPX Operating CompanyFieldPhantom (Wolfcamp)CountyReeves County

BPX Operating Company in Reeves County

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