BIG BAD JOHN

Operated by BBL OPERATING COMPANY LLC (P-5 58910) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27596District 03Field 34733500OilSaveExport
Value, all time
$1.6 M
May 2019 – May 2026
Value, last 12 filed months
$159 k
at the published price for each month
Months reported
85
no gaps in the span
Streams
1
oil

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition22,960 bbl$1,605,682
Total$1,605,682

Every month this lease reported (85)

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

85 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202618389.753.15$16,424
Feb 202636963.503.75$23,432
Jan 202637059.138.00$21,878
Dec 2025056.664.41$0
Nov 202552058.593.93$30,467
Oct 202517859.383.30$10,570
Sep 202534862.743.08$21,834
Aug 202517663.933.01$11,252
Jul 2025066.743.32$0
Jun 202535466.483.13$23,534
May 202533260.553.23$20,103
Apr 202517762.363.54$11,038
Mar 202535767.704.27$24,169
Feb 202535370.884.34$25,021
Jan 202535274.324.28$26,161
Dec 202416968.993.12$11,659
Nov 202433769.052.20$23,270
Oct 202435571.372.28$25,336
Sep 202434369.612.36$23,876
Aug 202417775.632.06$13,387
Jul 202453879.932.15$43,002
Jun 202417378.082.63$13,508
May 202435178.812.20$27,662
Apr 202434884.451.66$29,389
Mar 202436980.301.55$29,631
Feb 202434676.091.78$26,327
Jan 202451273.023.30$37,386
Dec 202318171.262.61$12,898
Nov 202353177.892.81$41,360
Oct 202333585.443.09$28,622
Sep 2023089.042.74$0
Aug 202317380.522.67$13,930
Jul 202334474.852.64$25,748
Jun 202351868.962.26$35,721
May 202334770.622.23$24,505
Apr 202335178.122.24$27,420
Mar 202351172.852.39$37,226
Feb 202333075.112.47$24,786
Jan 202334076.533.39$26,020
Dec 202234976.415.73$26,667
Nov 202250885.005.65$43,180
Oct 202235287.185.86$30,687
Sep 202253184.888.16$45,071
Aug 202250994.529.13$48,111
Jul 2022504101.587.54$51,196
Jun 2022172115.097.98$19,795
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 202218291.054.86$16,571
Jan 202271081.844.54$58,106
Dec 202155271.323.90$39,369
Nov 202189077.435.24$68,913
Oct 202117679.795.71$14,043
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 20211,07261.302.72$65,714
Feb 202170957.805.55$40,980
Jan 2021050.412.81$0
Dec 202073244.642.68$32,676
Nov 202070838.772.71$27,449
Oct 202085336.972.48$31,535
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 201916855.302.75$9,290
Oct 201918453.472.42$9,838
Sep 201917455.052.66$9,579
Aug 201917653.112.30$9,347
Jul 2019056.272.46$0
Jun 201934852.782.49$18,367
May 201935358.482.74$20,643

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.

Mar 2026 — as filed, then multipliedworked
Oil                  183 bbl  × $ 89.75 =    $16,424

────────────────────────────────────────────────────
Month total                                  $16,424

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. 03/O/27596 is the state's own key, not one this site invented.