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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 283744District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$42.9 M
Jul 2017 – May 2026
Value, last 12 filed months
$780 k
at the published price for each month
Months reported
107
no gaps in the span
Streams
1
gas

The CARTHAGE (HAYNESVILLE SHALE) 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 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 Gas112018-09-17221689
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
GasProduction13,630,984 Mcf$42,876,931
Total$42,876,931

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 31.4593, -94.2796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45926, -94.27956 · 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
14,189 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 14,189 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-405305782H14,189 ftJul 2017——

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 (107)

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

107 months

May 202615,694106.413.05$47,801
Apr 202615,49298.932.87$44,458
Mar 202616,76089.753.15$52,785
Feb 202615,40363.503.75$57,766
Jan 202618,14459.138.00$145,114
Dec 202517,32856.664.41$76,475
Nov 202517,43458.593.93$68,454
Oct 202518,32559.383.30$60,561
Sep 202517,53862.743.08$53,963
Aug 202517,78163.933.01$53,605
Jul 202519,16266.743.32$63,526
Jun 202517,80766.483.13$55,713
May 202519,11560.553.23$61,786
Apr 202520,04862.363.54$71,032
Mar 202523,19167.704.27$98,987
Feb 202516,45270.884.34$71,416
Jan 202522,44974.324.28$96,052
Dec 202422,69468.993.12$70,836
Nov 202422,71269.052.20$49,931
Oct 202423,81571.372.28$54,332
Sep 202423,43269.612.36$55,402
Aug 202426,22375.632.06$54,115
Jul 202425,86679.932.15$55,524
Jun 202427,47978.082.63$72,379
May 202429,65378.812.20$65,190
Apr 202426,49484.451.66$43,959
Mar 202431,13280.301.55$48,103
Feb 202422,51076.091.78$40,150
Jan 202427,77773.023.30$91,599
Dec 202329,15571.262.61$76,116
Nov 202326,04777.892.81$73,129
Oct 202329,96685.443.09$92,513
Sep 202329,73189.042.74$81,315
Aug 202331,30080.522.67$83,661
Jul 202333,74074.852.64$89,134
Jun 202333,24068.962.26$75,072
May 202337,22570.622.23$82,915
Apr 202333,26878.122.24$74,446
Mar 202340,60172.852.39$97,165
Feb 202340,46475.112.47$99,771
Jan 202345,83876.533.39$155,286
Dec 202247,59076.415.73$272,647
Nov 202248,91785.005.65$276,195
Oct 202251,50387.185.86$302,001
Sep 202251,03684.888.16$416,642
Aug 202255,72994.529.13$508,648
Jul 202252,294101.587.54$394,406
Jun 202253,227115.097.98$424,602
May 202256,924109.378.43$480,042
Apr 202257,549104.226.84$393,497
Mar 202263,200108.885.08$320,828
Feb 202258,25491.054.86$283,047
Jan 202265,00381.844.54$294,963
Dec 202170,90571.323.90$276,467
Nov 202171,76677.435.24$375,828
Oct 202178,12379.795.71$446,385
Sep 202179,77169.865.35$426,848
Aug 202185,62466.024.22$361,384
Jul 202191,54070.783.98$364,520
Jun 202193,28369.493.38$315,354
May 2021104,02263.483.02$313,904
Apr 2021102,68360.362.76$283,243
Mar 202174,46561.302.72$202,317
Feb 202189,56957.805.55$496,924
Jan 2021118,36050.412.81$332,624
Dec 2020124,25644.642.68$332,442
Nov 2020130,97638.772.71$354,496
Oct 2020140,85536.972.48$349,099
Sep 2020134,41437.091.99$267,624
Aug 2020132,18739.982.39$315,279
Jul 2020138,36838.371.83$252,538
Jun 2020139,07034.901.69$235,071
May 2020148,72516.921.81$269,899
Apr 2020150,24414.751.80$271,097
Mar 2020162,57630.341.86$301,778
Feb 2020159,02449.881.98$314,974
Jan 2020175,45557.252.09$367,533
Dec 2019182,19859.012.30$419,850
Nov 2019188,99055.302.75$519,855
Oct 2019201,10253.472.42$486,373
Sep 2019174,46655.052.66$463,605
Aug 2019196,81653.112.30$453,535
Jul 2019221,66256.272.46$545,302
Jun 2019217,51852.782.49$541,881
May 2019244,18258.482.74$669,137
Apr 2019243,18662.632.75$668,932
Mar 2019267,88856.803.06$820,300
Feb 2019225,04050.852.79$628,361
Jan 2019286,39246.033.23$924,525
Dec 2018296,93746.594.19$1,242,812
Nov 2018264,26552.934.24$1,119,754
Oct 2018317,21361.443.40$1,077,915
Sep 2018318,19159.543.11$988,938
Aug 2018347,35959.403.07$1,065,197
Jul 2018346,06165.142.93$1,014,609
Jun 2018350,57560.183.08$1,078,691
May 2018379,12565.382.90$1,099,766
Apr 2018386,09263.842.90$1,119,976
Mar 2018420,08161.222.79$1,170,699
Feb 2018388,43761.782.77$1,074,463
Jan 2018408,54862.874.01$1,638,000
Dec 2017407,53757.272.92$1,190,628
Nov 2017387,16455.423.12$1,207,317
Oct 2017392,45049.292.98$1,170,945
Sep 2017389,66847.523.09$1,203,014
Aug 2017391,78945.373.00$1,177,091
Jul 2017304,08043.873.09$938,780

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               15,694 Mcf  × $  3.05 =    $47,801

────────────────────────────────────────────────────
Month total                                  $47,801

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/283744 is the state's own key, not one this site invented.