BOLD JOHNSON 56-T1-26

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 278368District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.1 M
Sep 2014 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
141
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 Gas112016-12-06217822
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
CondensateDisposition310,530 bbl$17,119,908
GasProduction1,237,253 Mcf$3,941,154
Total$21,061,062

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 31.9415, -103.8349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94147, -103.83490 · 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
10,916 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 10,916 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-301321972H10,916 ftSep 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 (141)

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

141 months

May 20264096,322106.413.05$62,777
Apr 20261,0247,62198.932.87$123,174
Mar 20265485,81789.753.15$67,503
Feb 20268976,72163.503.75$82,165
Jan 20268876,41359.138.00$103,739
Dec 20259157,18756.664.41$83,563
Nov 20258257,03758.593.93$75,967
Oct 20251,0637,74559.383.30$88,717
Sep 20259517,56362.743.08$82,936
Aug 20259918,49063.933.01$88,950
Jul 20251,2699,52466.743.32$116,267
Jun 20251,0878,46466.483.13$98,745
May 20258208,71060.553.23$77,805
Apr 20253723,25462.363.54$34,727
Mar 20259697,00867.704.27$95,514
Feb 20251,3546,82370.884.34$125,589
Jan 20251,1058,29474.324.28$117,611
Dec 20241,1108,54468.993.12$103,248
Nov 20248477,30069.052.20$74,534
Oct 20241,2959,60971.372.28$114,346
Sep 20241,1889,19669.612.36$104,439
Aug 20246615,17775.632.06$60,675
Jul 20241,4308,60679.932.15$132,773
Jun 20241,27210,54278.082.63$127,085
May 20241,2848,29178.812.20$119,419
Apr 20245762,93384.451.66$53,510
Mar 20247615,02680.301.55$68,874
Feb 20247544,24576.091.78$64,943
Jan 20247243,91173.023.30$65,764
Dec 20236885,38171.262.61$63,075
Nov 20236304,30677.892.81$61,160
Oct 20237545,03885.443.09$79,975
Sep 20237825,09989.042.74$83,575
Aug 20238464,93480.522.67$81,308
Jul 20239294,00574.852.64$80,116
Jun 20238593,14368.962.26$66,335
May 20234602,73470.622.23$38,575
Apr 20235672,50578.122.24$49,900
Mar 20233522,46672.852.39$31,545
Feb 20231031,26275.112.47$10,848
Jan 20233422,01376.533.39$32,993
Dec 20226243,79176.415.73$69,399
Nov 20221391,22285.005.65$18,715
Oct 20227974,05487.185.86$93,254
Sep 20221,2796,13084.888.16$158,605
Aug 20221,0676,88694.529.13$163,702
Jul 20224193,977101.587.54$72,557
Jun 20221933,653115.097.98$51,353
May 2022872,489109.378.43$30,505
Apr 2022903,478104.226.84$33,161
Mar 20223712,307108.885.08$52,106
Feb 20222637891.054.86$24,325
Jan 20229781,66881.844.54$87,608
Dec 20212,1076,07571.323.90$173,958
Nov 20212,0534,60277.435.24$183,064
Oct 20211,3225,60779.795.71$137,520
Sep 20211,9475,71269.865.35$166,582
Aug 20211,2025,52566.024.22$102,675
Jul 20211,7736,34470.783.98$150,755
Jun 20211,5606,75269.493.38$131,230
May 20215785,04363.483.02$51,910
Apr 20217208,33060.362.76$66,437
Mar 202114515,32861.302.72$50,534
Feb 20213357,83257.805.55$62,815
Jan 2021601,94250.412.81$8,482
Dec 20201903,62244.642.68$18,172
Nov 20209569,75538.772.71$63,467
Oct 20201902,23536.972.48$12,564
Sep 20202401,95037.091.99$12,784
Aug 20202764,03339.982.39$20,654
Jul 20203803,68538.371.83$21,306
Jun 2020447,26734.901.69$13,819
May 20209610,04616.921.81$19,855
Apr 20201396,27114.751.80$13,366
Mar 20201323,15730.341.86$9,865
Feb 20202693,50849.881.98$20,366
Jan 20201,1767,67957.252.09$83,412
Dec 20191915,07559.012.30$22,966
Nov 201929587055.302.75$18,707
Oct 20192,0675,66253.472.42$124,216
Sep 20194,7744,42055.052.66$274,554
Aug 20195,8277,86653.112.30$327,598
Jul 20199563,22556.272.46$61,728
Jun 2019021152.782.49$526
May 20191,6551,90758.482.74$102,010
Apr 201938334962.632.75$24,947
Mar 20192891,83456.803.06$22,031
Feb 20191,1302,50550.852.79$64,455
Jan 20193801,88946.033.23$23,589
Dec 20187872,19946.594.19$45,870
Nov 20181,5272,32152.934.24$90,659
Oct 20189532,18161.443.40$65,964
Sep 20181,4735,09959.543.11$103,550
Aug 20182,5436,34259.403.07$170,502
Jul 20181,67811,15565.142.93$142,010
Jun 20182,02611,95160.183.08$158,697
May 20181,71014,02965.382.90$152,495
Apr 20181,73411,13963.842.90$143,011
Mar 20189239,35061.222.79$82,563
Feb 20182,2758,10661.782.77$162,972
Jan 20182,82112,20962.874.01$226,306
Dec 20172,67817,98757.272.92$205,918
Nov 20172,1003,27655.423.12$126,598
Oct 20179347,09749.292.98$67,212
Sep 20172,4349,09247.523.09$143,733
Aug 20172,8887,66645.373.00$154,060
Jul 20172,1827,83443.873.09$119,910
Jun 20177392,29542.493.09$38,485
May 20172,72516,31545.373.26$176,876
Apr 20173,69116,60747.933.21$230,245
Mar 20173,72816,59246.772.98$223,864
Feb 20173,67813,39050.452.95$225,090
Jan 20174,42413,86849.413.42$266,002
Dec 20163,88716,31048.763.72$250,249
Nov 20164,35316,20742.492.64$227,816
Oct 20164,49415,62046.193.09$255,848
Sep 20164,78610,30741.553.10$230,816
Aug 20164,5579,34441.442.92$216,167
Jul 20165,52919,97141.622.92$288,519
Jun 20164,96018,99145.352.69$275,943
May 20160042.521.99$0
Apr 20166,09319,53236.561.99$261,649
Mar 20165,53720,14333.011.79$218,913
Feb 20166,44019,49326.472.06$210,693
Jan 20163,9175,05527.352.36$119,082
Dec 20154,5914,20632.362.00$156,983
Nov 20155,27619,83438.792.17$247,643
Oct 20157,55327,83043.552.43$396,465
Sep 20157,06117,69242.992.76$352,354
Aug 20155,54917,59240.162.87$273,381
Jul 20157,05315,69248.152.95$385,816
Jun 20157,21215,89756.152.88$450,783
May 20156,72320,02955.212.96$430,372
Apr 20157,37120,91249.822.71$423,823
Mar 20157,32530,20442.892.93$402,809
Feb 20157,08219,16244.662.98$373,312
Jan 20157,56928,56443.433.10$417,288
Dec 20149,43125,64054.693.59$607,864
Nov 201411,74136,25470.464.25$981,417
Oct 201420,54054,29378.303.90$1,820,077
Sep 20144,40517,27486.164.05$449,416

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           409 bbl  × $106.41 =    $43,522
Gas                6,322 Mcf  × $  3.05 =    $19,256

────────────────────────────────────────────────────
Month total                                  $62,777

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/278368 is the state's own key, not one this site invented.