BP BANDICOOT DRILLING UNIT

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

Gas lease lease 283500District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$30.2 M
May 2016 – May 2026
Value, last 12 filed months
$695 k
at the published price for each month
Months reported
121
no gaps in the span
Streams
1
gas

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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112018-05-17221594
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction9,798,275 Mcf$30,240,797
Total$30,240,797

Wells on this lease (1)

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 31.4576, -94.2836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45764, -94.28356 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,760 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 13,760 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-405305851HB13,760 ftMay 2016

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 (121)

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

121 months

May 202615,195106.413.05$46,282
Apr 202615,13398.932.87$43,427
Mar 202615,27189.753.15$48,095
Feb 202614,73363.503.75$55,253
Jan 202613,41959.138.00$107,324
Dec 202515,50756.664.41$68,438
Nov 202515,60358.593.93$61,264
Oct 202516,62559.383.30$54,943
Sep 202516,24862.743.08$49,994
Aug 202516,32863.933.01$49,225
Jul 202517,33766.743.32$57,476
Jun 202516,90466.483.13$52,888
May 202517,54260.553.23$56,701
Apr 202516,06562.363.54$56,920
Mar 202513,42067.704.27$57,281
Feb 20259,96570.884.34$43,256
Jan 202513,18474.324.28$56,410
Dec 202413,48468.993.12$42,089
Nov 202413,04469.052.20$28,676
Oct 202413,98371.372.28$31,901
Sep 202413,67669.612.36$32,335
Aug 202414,84175.632.06$30,626
Jul 202414,90279.932.15$31,988
Jun 202414,52978.082.63$38,269
May 202415,64678.812.20$34,397
Apr 202415,72084.451.66$26,083
Mar 202416,48680.301.55$25,473
Feb 202416,46976.091.78$29,375
Jan 202418,34073.023.30$60,479
Dec 202318,44371.262.61$48,150
Nov 202318,19777.892.81$51,089
Oct 202319,29085.443.09$59,554
Sep 202318,90689.042.74$51,709
Aug 202319,29080.522.67$51,560
Jul 202320,68474.852.64$54,643
Jun 202320,33668.962.26$45,928
May 202321,77070.622.23$48,491
Apr 202320,03378.122.24$44,829
Mar 202320,26172.852.39$48,488
Feb 202318,84675.112.47$46,468
Jan 202317,33776.533.39$58,733
Dec 202219,89376.415.73$113,969
Nov 202216,85585.005.65$95,167
Oct 202216,74787.185.86$98,200
Sep 202218,44784.888.16$150,595
Aug 202223,66094.529.13$215,949
Jul 202218,653101.587.54$140,682
Jun 202221,318115.097.98$170,058
May 202223,137109.378.43$195,115
Apr 202224,831104.226.84$169,784
Mar 202227,030108.885.08$137,215
Feb 202221,46591.054.86$104,295
Jan 202229,95881.844.54$135,940
Dec 202131,84271.323.90$124,156
Nov 202133,13077.435.24$173,497
Oct 202136,03479.795.71$205,894
Sep 202136,58469.865.35$195,758
Aug 202138,40866.024.22$162,104
Jul 202139,23870.783.98$156,249
Jun 202140,95669.493.38$138,457
May 202144,12063.483.02$133,140
Apr 202152,34260.362.76$144,381
Mar 202137,70961.302.72$102,453
Feb 202143,09557.805.55$239,089
Jan 202154,07150.412.81$151,954
Dec 202059,65744.642.68$159,610
Nov 202060,39438.772.71$163,461
Oct 202069,03736.972.48$171,103
Sep 202076,24837.091.99$151,813
Aug 202065,25439.982.39$155,637
Jul 202070,12038.371.83$127,977
Jun 202071,52734.901.69$120,903
May 202079,47016.921.81$144,218
Apr 202083,31414.751.80$150,330
Mar 202096,21630.341.86$178,599
Feb 202098,11749.881.98$194,337
Jan 2020113,48457.252.09$237,719
Dec 2019122,83159.012.30$283,047
Nov 2019127,14255.302.75$349,730
Oct 2019141,36253.472.42$341,890
Sep 2019142,69655.052.66$379,183
Aug 2019143,46153.112.30$330,586
Jul 2019157,43356.272.46$387,295
Jun 2019170,79252.782.49$425,477
May 2019175,94258.482.74$482,137
Apr 201960,50662.632.75$166,434
Mar 2019169,43956.803.06$518,839
Feb 201976,08150.852.79$212,435
Jan 2019190,00546.033.23$613,370
Dec 2018194,25246.594.19$813,030
Nov 2018192,46852.934.24$815,533
Oct 2018224,49461.443.40$762,849
Sep 2018232,80859.543.11$723,567
Aug 2018268,24059.403.07$822,574
Jul 2018126,09765.142.93$369,701
Jun 2018271,04260.183.08$833,975
May 2018294,99865.382.90$855,730
Apr 2018309,72163.842.90$898,439
Mar 2018354,79161.222.79$988,746
Feb 2018345,02561.782.77$954,381
Jan 2018409,81062.874.01$1,643,059
Dec 2017451,88057.272.92$1,320,176
Nov 2017452,73455.423.12$1,411,788
Oct 2017463,78149.292.98$1,383,774
Sep 2017445,06747.523.09$1,374,046
Aug 2017410,87445.373.00$1,234,430
Jul 2017307,15043.873.09$948,258
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$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
Gas               15,195 Mcf  × $  3.05 =    $46,282

────────────────────────────────────────────────────
Month total                                  $46,282

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. 06/G/283500 is the state's own key, not one this site invented.