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BOLD JOHNSON 56-T1-42

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 278250District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.1 M
Apr 2015 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) 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 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 Gas112016-12-06217826
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
CondensateDisposition463,727 bbl$25,323,534
GasProduction1,520,975 Mcf$4,742,020
Total$30,065,555

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 31.9124, -103.8997. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91238, -103.89972 · 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
10,275 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 10,275 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-301324912H10,275 ftApr 2015——

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 (134)

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

134 months

May 20262,57410,498106.413.05$305,875
Apr 20261,1053,31998.932.87$118,842
Mar 20269454,25889.753.15$98,224
Feb 20261,1263,34963.503.75$84,061
Jan 20261,1193,44859.138.00$93,743
Dec 20259313,68456.664.41$69,009
Nov 20251,1164,00458.593.93$81,108
Oct 20251,1274,11259.383.30$80,511
Sep 20251,0994,63462.743.08$83,210
Aug 20251,2984,78963.933.01$97,419
Jul 20251,1113,12066.743.32$84,492
Jun 20251,4893,80266.483.13$110,884
May 20251,3123,91560.553.23$92,096
Apr 20251,1433,39862.363.54$83,317
Mar 20255701,80967.704.27$46,310
Feb 20255681,81070.884.34$48,117
Jan 20257394,77974.324.28$75,370
Dec 2024187668.993.12$12,920
Nov 20248752,73469.052.20$66,429
Oct 20241,7905,43471.372.28$140,149
Sep 20241,2233,37169.612.36$93,103
Aug 20241,6494,20575.632.06$133,391
Jul 20241,8635,44779.932.15$160,602
Jun 20241,4552,49778.082.63$120,183
May 20241,8015,62078.812.20$154,292
Apr 20241,4814,70684.451.66$132,879
Mar 20241,6765,26080.301.55$142,710
Feb 20241,3574,69076.091.78$111,619
Jan 20241,5184,81473.023.30$126,719
Dec 20231,3175,63971.262.61$108,571
Nov 20237312,80177.892.81$64,802
Oct 20231,7595,18185.443.09$166,284
Sep 20232,3987,92389.042.74$235,188
Aug 20232,4178,99780.522.67$218,665
Jul 20231,8116,26174.852.64$152,094
Jun 20231,2764,83868.962.26$98,919
May 20232,1876,68370.622.23$169,332
Apr 20231,6536,65378.122.24$144,020
Mar 20232,96110,27072.852.39$240,287
Feb 20231,8666,29175.112.47$155,667
Jan 20231,1143,46876.533.39$97,003
Dec 20220076.415.73$0
Nov 20229163,64885.005.65$98,457
Oct 20222,61110,45187.185.86$288,909
Sep 20222,7539,70284.888.16$312,879
Aug 20221,8017,77694.529.13$241,203
Jul 20222,58510,698101.587.54$343,269
Jun 20222,1768,146115.097.98$315,418
May 20222,5289,958109.378.43$360,464
Apr 20222,4258,471104.226.84$310,655
Mar 20222,1048,576108.885.08$272,619
Feb 20221,3094,31891.054.86$140,165
Jan 20221,6642,81081.844.54$148,933
Dec 20212,5797,23171.323.90$212,129
Nov 20212,3998,08677.435.24$228,100
Oct 20212,0116,33379.795.71$196,644
Sep 20212,1967,53969.865.35$193,753
Aug 20213,24610,45366.024.22$258,419
Jul 20213,46611,71270.783.98$291,962
Jun 20213,2259,79169.493.38$257,205
May 20212,2104,46863.483.02$153,774
Apr 20212,5736,70660.362.76$173,804
Mar 20212,1734,62861.302.72$145,779
Feb 20211,10726757.805.55$65,466
Jan 20211,8624,01750.412.81$105,152
Dec 20201,8361,26044.642.68$85,330
Nov 20201,8344,85638.772.71$84,247
Oct 20202,2245,32936.972.48$95,429
Sep 20202,0394,14437.091.99$83,877
Aug 20202,0404,39539.982.39$92,042
Jul 20202,2234,34638.371.83$93,228
Jun 20203,2567,60234.901.69$126,484
May 20202,9228,85016.921.81$65,501
Apr 20202,5735,61414.751.80$48,082
Mar 20201,9717,10830.341.86$72,994
Feb 20202,4945,19549.881.98$134,690
Jan 20203,3087,37857.252.09$204,838
Dec 20192,6066,82059.012.30$169,496
Nov 20191,7994,64055.302.75$112,248
Oct 20191,8934,08653.472.42$111,101
Sep 20191,3229,89155.052.66$99,059
Aug 20191,0969,84253.112.30$80,888
Jul 20192,12013,51856.272.46$152,547
Jun 20192,5759,76552.782.49$160,235
May 20193,16711,38858.482.74$216,413
Apr 20193,06310,88362.632.75$221,772
Mar 20192,88010,56556.803.06$195,935
Feb 20192,45111,16250.852.79$155,800
Jan 20192,71412,70346.033.23$165,933
Dec 20184,03714,36546.594.19$248,208
Nov 20183,62114,27752.934.24$252,155
Oct 20182,7558,29161.443.40$197,441
Sep 20183,15212,44959.543.11$226,362
Aug 20183,91416,00259.403.07$281,563
Jul 20183,70116,77265.142.93$290,257
Jun 20184,60412,13560.183.08$314,407
May 20184,51416,91165.382.90$344,181
Apr 20183,74016,56463.842.90$286,810
Mar 20184,12517,70161.222.79$301,862
Feb 20183,18212,48561.782.77$231,119
Jan 20183,32013,50862.874.01$262,886
Dec 20173,70314,14457.272.92$253,393
Nov 20174,26614,17955.423.12$280,637
Oct 20172935,83649.292.98$31,855
Sep 20174,14118,05947.523.09$252,534
Aug 20174,24818,13345.373.00$247,211
Jul 20174,19715,21443.873.09$231,092
Jun 20173,54317,04342.493.09$203,159
May 20174,38619,40145.373.26$262,306
Apr 20174,43015,84047.933.21$263,202
Mar 20174,64317,47646.772.98$269,296
Feb 20174,67417,95750.452.95$288,823
Jan 20174,19112,70449.413.42$250,510
Dec 20165,2099,68948.763.72$290,061
Nov 20165,13318,00642.492.64$265,715
Oct 20165,85121,67346.193.09$337,233
Sep 20165,75323,08641.553.10$310,618
Aug 20165,65023,48141.442.92$302,802
Jul 20166,26525,51241.622.92$335,355
Jun 20166,34023,57045.352.69$350,824
May 20166,05919,59442.521.99$296,641
Apr 20166,61931,13436.561.99$303,980
Mar 20167,7587,12833.011.79$268,879
Feb 20166,26215,13826.472.06$196,994
Jan 20165,24114,28427.352.36$177,114
Dec 20158,07310,57132.362.00$282,399
Nov 20158,49924,01238.792.17$381,718
Oct 201510,56633,74243.552.43$542,027
Sep 201510,99327,52542.992.76$548,515
Aug 201513,07943,98040.162.87$651,585
Jul 201513,83630,09648.152.95$754,839
Jun 201517,14245,95656.152.88$1,095,008
May 201531,750100,59555.212.96$2,050,221
Apr 201520,20775,11549.822.71$1,210,017

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         2,574 bbl  × $106.41 =   $273,899
Gas               10,498 Mcf  × $  3.05 =    $31,975

────────────────────────────────────────────────────
Month total                                 $305,875

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/278250 is the state's own key, not one this site invented.