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A. BANDUCH B AC

Operated by BPX OPERATING COMPANY (P-5 85408) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11994District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$54.2 M
Dec 2019 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
78
no gaps in the span
Streams
2
oil, casinghead gas

The SUGARKANE (AUSTIN CHALK) 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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 80 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: “ INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.”

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
OilDisposition790,484 bbl$46,146,385
Casinghead gasProduction2,352,997 Mcf$8,091,641
Total$54,238,026

Wells on this lease (3)

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 28.9877, -97.8602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.98785, -97.86021 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,918 ft
3 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.
3100.0%

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

Between 10,906 and 10,991 ft, median 10,918 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2020
3 of 3 wells

3 wells

42-255365381H10,906 ftJun 2020——
42-255365392H10,991 ftJun 2020——
42-255365403H10,918 ftJun 2020——

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 (78)

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

78 months

May 20262,78214,418106.413.05$339,948
Apr 20262,94714,86998.932.87$334,217
Mar 20263,15113,18189.753.15$324,315
Feb 20262,71414,62863.503.75$227,199
Jan 20262,85116,72059.138.00$302,305
Dec 20253,57218,00756.664.41$281,861
Nov 20253,33516,99758.593.93$262,135
Oct 20252,89916,62759.383.30$227,092
Sep 20252,97319,24762.743.08$245,748
Aug 20253,05024,51263.933.01$268,884
Jul 20252,64813,91466.743.32$222,855
Jun 20252,92118,57166.483.13$252,292
May 20252,91520,20460.553.23$241,809
Apr 20253,45219,69262.363.54$285,038
Mar 20253,12620,11867.704.27$297,500
Feb 20253,01518,04370.884.34$292,025
Jan 20254,19321,87674.324.28$405,224
Dec 20243,58922,91368.993.12$319,125
Nov 20243,75222,09869.052.20$307,657
Oct 20243,38824,34971.372.28$297,351
Sep 20243,70925,30469.612.36$318,011
Aug 20243,72921,57475.632.06$326,545
Jul 20243,70816,12579.932.15$330,994
Jun 20243,67414,72078.082.63$325,638
May 20244,02014,24078.812.20$348,122
Apr 20243,78818,93684.451.66$351,315
Mar 20244,13724,73080.301.55$370,412
Feb 20243,85722,29976.091.78$333,253
Jan 20243,73222,70873.023.30$347,394
Dec 20234,43024,56871.262.61$379,822
Nov 20235,10227,01277.892.81$473,233
Oct 20235,16027,72485.443.09$526,462
Sep 20235,27527,62389.042.74$545,236
Aug 20235,57826,13780.522.67$519,002
Jul 20235,71729,87774.852.64$506,847
Jun 20235,50528,13168.962.26$443,158
May 20236,06030,34270.622.23$495,541
Apr 20236,78728,30378.122.24$593,536
Mar 20237,53729,69072.852.39$620,123
Feb 20237,27824,68175.112.47$607,506
Jan 20236,64521,38676.533.39$580,992
Dec 20226,00825,85076.415.73$607,168
Nov 20226,06826,30785.005.65$664,315
Oct 20226,64826,49687.185.86$734,939
Sep 20226,71222,92684.888.16$756,875
Aug 20225,65222,49194.529.13$739,506
Jul 20225,66721,429101.587.54$737,273
Jun 20226,36821,433115.097.98$903,868
May 20228,67322,258109.378.43$1,136,269
Apr 20226,70023,856104.226.84$861,392
Mar 20227,29326,508108.885.08$928,627
Feb 20227,89528,76091.054.86$858,580
Jan 202210,12928,89581.844.54$960,074
Dec 202110,07930,41571.323.90$837,426
Nov 202110,96031,13777.435.24$1,011,693
Oct 202111,39541,90079.795.71$1,148,618
Sep 202113,00145,26269.865.35$1,150,443
Aug 202114,16642,38166.024.22$1,114,112
Jul 202115,11839,06570.783.98$1,225,612
Jun 202114,10345,53169.493.38$1,133,940
May 202118,09950,04363.483.02$1,299,938
Apr 202118,98257,43260.362.76$1,304,175
Mar 202121,36762,10361.302.72$1,478,527
Feb 202118,40950,74857.805.55$1,345,588
Jan 202126,51861,34950.412.81$1,509,180
Dec 202030,41996,96044.642.68$1,617,317
Nov 202034,56784,56338.772.71$1,569,038
Oct 202046,10494,29536.972.48$1,938,168
Sep 202040,05377,13737.091.99$1,639,149
Aug 202064,91092,02239.982.39$2,814,583
Jul 202084,399116,70538.371.83$3,451,390
Jun 202045,32159,64634.901.69$1,682,523
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0

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                2,782 bbl  × $106.41 =   $296,033
Casinghead gas    14,418 Mcf  × $  3.05 =    $43,915

────────────────────────────────────────────────────
Month total                                 $339,948

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. 02/O/11994 is the state's own key, not one this site invented.