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Producing

STATE SILVERADO 58-T2-48X37

State Silverado 58-T2-48X37 is a gas well in Reeves County, Texas, operated by BPX Operating Company in the Phantom (Wolfcamp) field.

1 well

444,809mcf gas, last 12 months−16% vs prior year
Operator
BPX Operating Company
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-288477

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
54,566 bbl
Gas in Jul 2026
39,247 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 SILVERADO 58-T2-48X37, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 444,809 mcf in the 12 months through Jul 2026, against 527,976 mcf in the 12 months before.Last 12 months: 444,809 mcfmcf per monthbbl per month0025k5,00050k10k75k15k100k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 16% over the last 12 monthsMonthly gas production and oil for STATE SILVERADO 58-T2-48X37, Aug 2023 to Jul 2026. Gas output fell 16% over the last 12 months. 444,809 mcf in the 12 months through Jul 2026, against 527,976 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0025k5,00050k10k75k15k100k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 43.7% of the gas in Feb 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuelShare of STATE SILVERADO 58-T2-48X37 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 43.7% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: fuel to plantFlared 43.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuelShare of STATE SILVERADO 58-T2-48X37 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 43.7% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Apr 25: fuel to plantFlared 43.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 403,649 mcf

  • Lease fuel (1)

    8.5% · 37,790 mcf

  • Flared (4)

    0.8% · 3,370 mcf

0.8% of the gas flared in the last 12 months. 4 months above 3%.

1 well on this lease

Wells on STATE SILVERADO 58-T2-48X37
API numberWell no.Status
42-389-38092W108HActive

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 gasBuys100Jun 10, 2019–
Bpx Permian Jv Holdings LLCGas-well gasGathers100Nov 1, 2025–
Lion Oil Trading & Trans, LLCCondensateGathers100Jun 10, 2019Nov 1, 2025
Bpx Midstream LLCGas-well gasGathers100Jun 10, 2019Nov 1, 2025

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

Who buys my oilOil price check

1,323.34 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 Silverado 58-T2-48X37
API numberWell no.Acreson the permit
42-389-38092W108H1,323.34

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE SILVERADO 58-T2-48X37
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,0334,03339,24738,115337$80.46$2.89
Jun 20263,6514,05338,87537,658330$84.81$3.15
May 20264,1964,12938,35937,201277$102.13$2.94
Apr 20264,4714,68340,08338,971312$100.32$2.77
Mar 20265,2905,10640,49339,307334$91.38$3.04
Feb 20264,4474,34340,07536,561194$64.51$3.62
Jan 20264,9825,51043,04039,024168$60.04$7.72
Dec 20255,4005,26250,85544,214365$57.97$4.26
Nov 20255,1904,85843,82336,319259$60.06$3.79
Oct 20256,0116,09832,09426,973208$60.89$3.19
Sep 20255,7975,63229,47124,821162$63.96$2.97
Aug 20251,0981,2508,3944,485424$64.86$2.91
Jul 202511,93711,78654,90847,446423$68.39$3.20
Jun 20258,5188,91750,90945,7541,409$68.17$3.02
May 202516,44116,21780,04774,0201,933$62.17$3.12
Apr 20258606286,8064,1221,028$63.54$3.42
Mar 20252632627106$68.24$4.12
Feb 20251426088951391$71.53$4.19
Jan 20258,0088,10657,39052,154196$75.74$4.13
Dec 20248,6048,44760,49354,893194$70.12$3.01
Nov 20248,5588,11360,68055,538231$69.95$2.12
Oct 20245,5356,07839,47935,462537$71.99$2.20
Sep 20249,8679,62762,39057,425383$70.24$2.28
Aug 20247,7477,59353,90848,527784$76.68$1.99
Jul 202410,05710,04267,10961,509394$81.80$2.07
Jun 20248,8248,81356,59949,834528$79.77$2.54
May 20241,6512,02713,51412,137240$80.02$2.12
Apr 20249,2109,00264,60960,281217$85.35$1.60
Mar 20249,9349,92170,36065,995174$81.28$1.49
Feb 20247,5107,65052,13348,472155$77.25$1.72
Jan 20248,5789,16857,28454,287242$74.15$3.18
Dec 20239,7838,83268,24063,512111$71.90$2.52
Nov 20239,1579,28462,95660,237369$77.69$2.71
Oct 202310,31510,29866,17263,584285$85.64$2.98
Sep 20239,5819,45367,41963,252372$89.43$2.64
Aug 20239,5049,87665,62661,899425$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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Nearby

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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