BOLD JOHNSON 56-T1-36

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

Gas lease lease 275462District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$38.2 M
Mar 2014 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
147
no gaps in the span
Streams
2
condensate, 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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

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 Gas112016-12-06217838
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
CondensateDisposition456,808 bbl$30,627,818
GasProduction2,238,942 Mcf$7,569,497
Total$38,197,316

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 31.9130, -103.8182. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91300, -103.81823 · 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
10,910 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 10,910 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-301321032H10,910 ftMar 2014

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 (147)

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

147 months

May 20261,59810,854106.413.05$203,103
Apr 20262,28412,99398.932.87$263,242
Mar 20261,93010,30089.753.15$205,657
Feb 20262,33811,29663.503.75$190,827
Jan 20261,8848,38759.138.00$178,479
Dec 20251,3036,34756.664.41$101,840
Nov 20251,7609,38958.593.93$139,984
Oct 20251,96512,62459.383.30$158,402
Sep 20252,30713,04162.743.08$184,867
Aug 20251,80010,54763.933.01$146,871
Jul 20251,8258,11766.743.32$148,710
Jun 20252,25812,19066.483.13$188,251
May 20252,54712,55860.553.23$194,812
Apr 20251,8029,87962.363.54$147,375
Mar 20252,72112,36967.704.27$237,007
Feb 20252,3309,54670.884.34$206,588
Jan 20251,3299,18674.324.28$138,075
Dec 20241,43311,22068.993.12$133,884
Nov 20241,1477,91169.052.20$96,592
Oct 20241,4338,11271.372.28$120,780
Sep 20241,65910,34169.612.36$139,933
Aug 20242,12213,52975.632.06$188,406
Jul 20241,1376,77279.932.15$105,417
Jun 20249476,37978.082.63$90,744
May 20242,02913,15978.812.20$188,835
Apr 20242,62616,53984.451.66$249,207
Mar 20242,49615,44380.301.55$224,290
Feb 20241,7869,86176.091.78$153,485
Jan 20248572,51673.023.30$70,875
Dec 20231,5207,92671.262.61$129,008
Nov 20231,4118,53577.892.81$133,865
Oct 20231,3867,72985.443.09$142,281
Sep 20231,98212,11489.042.74$209,610
Aug 20231,9056,78880.522.67$171,534
Jul 20231,6871,71174.852.64$130,792
Jun 20232,20312,77568.962.26$180,771
May 20238594,83970.622.23$71,441
Apr 20238965,64478.122.24$82,625
Mar 20231,3596,43872.852.39$114,410
Feb 20239186,75875.112.47$85,614
Jan 20237344,61176.533.39$71,794
Dec 20221511,83576.415.73$22,051
Nov 20224212,93885.005.65$52,374
Oct 20226867,97187.185.86$106,546
Sep 20223422,34084.888.16$48,132
Aug 20221,90212,74994.529.13$296,139
Jul 20221,3127,888101.587.54$192,765
Jun 20222,0945,504115.097.98$284,905
May 20222,8368,604109.378.43$382,731
Apr 20223,29313,067104.226.84$432,543
Mar 20221,9656,207108.885.08$245,458
Feb 20224051,90091.054.86$46,107
Jan 20221,4952,57181.844.54$134,017
Dec 20211,8986,90671.323.90$162,293
Nov 20211,5004,07177.435.24$137,464
Oct 20212,67811,37579.795.71$278,673
Sep 20213,01811,77069.865.35$273,818
Aug 20213,43913,79366.024.22$285,257
Jul 20213,01812,05570.783.98$261,618
Jun 20211,8358,71169.493.38$156,963
May 20211,4803,74663.483.02$105,255
Apr 20211,7113,41460.362.76$112,693
Mar 20211,5223,62561.302.72$103,148
Feb 20213251,69357.805.55$28,178
Jan 20212018050.412.81$1,514
Dec 2020297,53444.642.68$21,451
Nov 2020246,27738.772.71$17,920
Oct 2020714,32036.972.48$13,332
Sep 202081,58837.091.99$3,458
Aug 20203444,50539.982.39$24,498
Jul 20202,34110,43838.371.83$108,875
Jun 20203,68013,89334.901.69$151,915
May 20201,1847,22116.921.81$33,138
Apr 20201465,19514.751.80$11,527
Mar 2020906,74730.341.86$15,255
Feb 2020106,43349.881.98$13,240
Jan 2020515,20257.252.09$13,817
Dec 20191761,77959.012.30$14,485
Nov 2019223,78755.302.75$11,634
Oct 2019483,79353.472.42$11,740
Sep 20193625,96955.052.66$35,789
Aug 20191,2115,51053.112.30$77,013
Jul 20192,67824,37656.272.46$210,657
Jun 20192,23814,40552.782.49$154,007
May 20192,63210,52358.482.74$182,756
Apr 20191412,73962.632.75$16,365
Mar 20192,13210,68356.803.06$153,810
Feb 20192,05315,60250.852.79$147,959
Jan 20192,79618,17346.033.23$187,366
Dec 20182,68616,39646.594.19$193,765
Nov 20182,14315,06452.934.24$177,259
Oct 20182,62317,95161.443.40$222,156
Sep 20182,49618,93659.543.11$207,465
Aug 20183,16218,84159.403.07$245,600
Jul 20182,81419,79265.142.93$241,332
Jun 20183,18421,47260.183.08$257,681
May 20183,44821,03265.382.90$286,440
Apr 20183,48921,56663.842.90$285,296
Mar 20182,05924,42961.222.79$194,132
Feb 20183,06821,83661.782.77$249,942
Jan 20182,74418,77462.874.01$247,786
Dec 20172,35615,67857.272.92$180,732
Nov 201799716,80555.423.12$107,658
Oct 20172,50920,79149.292.98$185,702
Sep 20171,90914,90747.523.09$136,738
Aug 20172,07517,21145.373.00$145,851
Jul 20172,56416,28043.873.09$162,744
Jun 20172,15016,01142.493.09$140,784
May 20172,94318,13245.373.26$192,696
Apr 20173,22718,69747.933.21$214,717
Mar 20172,75014,87146.772.98$172,988
Feb 20171,7776,42950.452.95$108,632
Jan 20171,9388,10449.413.42$123,463
Dec 20162,40419,84148.763.72$191,084
Nov 20163,06915,65142.492.64$171,789
Oct 20162,86015,44946.193.09$179,845
Sep 20162,92218,08041.553.10$177,468
Aug 20163,37914,88441.442.92$183,552
Jul 20163,74920,47141.622.92$215,898
Jun 20163,37931,87445.352.69$238,846
May 20163,64131,85942.521.99$218,248
Apr 20163,86328,82536.561.99$198,623
Mar 20165,18032,77933.011.79$229,798
Feb 20164,29523,52426.472.06$162,233
Jan 20164,3141,89127.352.36$122,459
Dec 20153,57916,36232.362.00$148,564
Nov 20154,80226,41738.792.17$243,524
Oct 20156,21928,40543.552.43$339,764
Sep 20155,13314,99842.992.76$262,038
Aug 20155,62210,36940.162.87$255,564
Jul 20157,37117,31548.152.95$405,908
Jun 20157,31722,42256.152.88$475,489
May 20156,96431,11255.212.96$476,432
Apr 20157,48637,43249.822.71$474,265
Mar 20158,86642,07242.892.93$503,732
Feb 20157,23931,25444.662.98$416,312
Jan 20156,27828,29443.433.10$360,383
Dec 20149,03436,29554.693.59$624,418
Nov 20149,31233,79470.464.25$799,810
Oct 201413,16146,82178.303.90$1,213,153
Sep 201413,34750,29786.164.05$1,353,451
Aug 201416,89264,19789.394.04$1,769,018
Jul 201419,28469,38396.564.18$2,152,056
Jun 201421,44780,60098.164.74$2,487,030
May 201424,38485,19394.734.73$2,712,566
Apr 201413,45546,79595.944.81$1,515,915
Mar 20141,1245,10495.895.06$133,590

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
Condensate         1,598 bbl  × $106.41 =   $170,043
Gas               10,854 Mcf  × $  3.05 =    $33,060

────────────────────────────────────────────────────
Month total                                 $203,103

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. 08/G/275462 is the state's own key, not one this site invented.