BOLD JOHNSON 56-T1-34

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 281995District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.0 M
Jul 2016 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
119
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 Gas112017-04-13219799
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
CondensateDisposition289,589 bbl$16,259,212
GasProduction1,213,989 Mcf$3,788,787
Total$20,047,999

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 31.9133, -103.8546. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91328, -103.85461 · 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
10,658 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 10,658 ft.

Completions filed
Jul 2016
1 of 1 wells

1 well

42-301329092H10,658 ftJul 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 (119)

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

119 months

May 20261,4086,074106.413.05$168,326
Apr 20261,2964,81098.932.87$142,017
Mar 20261,3395,04489.753.15$136,061
Feb 20261,1364,56863.503.75$89,267
Jan 20261,2834,60959.138.00$112,726
Dec 20251,2885,53156.664.41$97,388
Nov 20251,4736,09658.593.93$110,239
Oct 20251,6426,20759.383.30$118,015
Sep 20251,3466,11462.743.08$103,260
Aug 20251,2905,59163.933.01$99,325
Jul 20251,3175,49566.743.32$106,114
Jun 20251,2114,73566.483.13$95,322
May 20251,7737,02460.553.23$130,059
Apr 20251,3465,01662.363.54$101,709
Mar 20251,8927,30667.704.27$159,273
Feb 20251,5605,49170.884.34$134,408
Jan 20251,2644,52974.324.28$113,319
Dec 20241,2975,99768.993.12$108,199
Nov 20241,6897,09269.052.20$132,217
Oct 20242,2058,42071.372.28$176,580
Sep 20242,0718,37969.612.36$163,973
Aug 20242,0968,10575.632.06$175,246
Jul 20249474,11679.932.15$84,529
Jun 20241,6866,29778.082.63$148,229
May 20248816,13178.812.20$82,910
Apr 20241,3938,00884.451.66$130,926
Mar 20242,39910,00580.301.55$208,099
Feb 20242,5459,22976.091.78$210,110
Jan 20241,8227,29373.023.30$157,092
Dec 20231,1615,49571.262.61$97,079
Nov 20231,3449,33777.892.81$130,898
Oct 20232,89110,03085.443.09$277,972
Sep 20232,2079,16989.042.74$221,589
Aug 20231,7459,19280.522.67$165,077
Jul 20231,3146,06574.852.64$114,375
Jun 20232,1518,64168.962.26$167,848
May 20233,13912,19970.622.23$248,848
Apr 20232,99913,29578.122.24$264,033
Mar 20233,50216,51272.852.39$294,637
Feb 20231,1686,52775.112.47$103,822
Jan 20237673,43076.533.39$70,318
Dec 20224952,71376.415.73$53,366
Nov 20223251,71685.005.65$37,314
Oct 20223821,53887.185.86$42,321
Sep 20225082,75684.888.16$65,618
Aug 20225474,66494.529.13$94,272
Jul 20225548,347101.587.54$119,229
Jun 20220936115.097.98$7,467
May 202244,712109.378.43$40,174
Apr 2022324,140104.226.84$31,643
Mar 202258794108.885.08$10,346
Feb 20227365091.054.86$9,805
Jan 20223792,60681.844.54$42,843
Dec 20213904,73771.323.90$46,285
Nov 20218275,68377.435.24$93,796
Oct 202132255579.795.71$28,864
Sep 20213,0299,41269.865.35$261,969
Aug 20212,9439,97966.024.22$236,414
Jul 20213,05710,07770.783.98$256,502
Jun 20212,5707,22369.493.38$203,008
May 20212,5369,15463.483.02$188,609
Apr 20213,45211,61760.362.76$240,407
Mar 20212,1057,47961.302.72$149,356
Feb 20211,1653,68657.805.55$87,787
Jan 20211,6999,50850.412.81$112,367
Dec 20208446,97744.642.68$56,343
Nov 20202,2159,59438.772.71$111,842
Oct 20206586,21536.972.48$39,730
Sep 20202,3176,85637.091.99$99,588
Aug 20201,5755,97139.982.39$77,210
Jul 20201,8729,42438.371.83$89,029
Jun 20201,1908,60234.901.69$56,071
May 20203,54212,88916.921.81$83,321
Apr 20203,1369,47414.751.80$63,351
Mar 20201,1755,02130.341.86$44,970
Feb 20202,78110,61449.881.98$159,739
Jan 20203,1369,27757.252.09$198,969
Dec 20196831,62659.012.30$44,051
Nov 20195469,75655.302.75$57,030
Oct 2019539053.472.42$1,211
Sep 20192288,03855.052.66$33,911
Aug 201991412,07053.112.30$76,356
Jul 20194,87627,75856.272.46$342,659
Jun 20192851,87452.782.49$19,711
May 20191,42311,73458.482.74$115,372
Apr 201930447062.632.75$20,332
Mar 20191,0102,14356.803.06$63,930
Feb 20191,04811,55350.852.79$85,549
Jan 20192,74112,92046.033.23$167,876
Dec 20183,12517,81746.594.19$220,166
Nov 20183,3529,74852.934.24$218,726
Oct 20183,44711,68261.443.40$251,480
Sep 20183,72513,63459.543.11$264,161
Aug 20182,78410,04159.403.07$196,161
Jul 20183,33812,57565.142.93$254,306
Jun 20183,7978,68460.183.08$255,223
May 20184,20913,61365.382.90$314,673
Apr 20183,16712,24063.842.90$237,687
Mar 20183,9879,64261.222.79$270,955
Feb 20182,82620,55661.782.77$231,451
Jan 20183,37635,16262.874.01$353,225
Dec 20173,40015,72657.272.92$240,662
Nov 20173,67616,03455.423.12$253,724
Oct 20172,53734,24249.292.98$227,216
Sep 20174,23613,34447.523.09$242,491
Aug 20173,30018,10445.373.00$204,113
Jul 20174,79317,65543.873.09$264,775
Jun 20173,85019,32142.493.09$223,236
May 20174,57019,86645.373.26$272,172
Apr 20175,03917,61947.933.21$298,104
Mar 20175,24517,91046.772.98$298,746
Feb 20175,04221,45050.452.95$317,702
Jan 20176,50424,71749.413.42$405,865
Dec 20166,79724,03248.763.72$420,889
Nov 20168,79424,12442.492.64$437,449
Oct 201612,56536,64846.193.09$693,629
Sep 201613,44642,66341.553.10$690,963
Aug 201619,25754,50341.442.92$957,395
Jul 20161661,50541.622.92$11,310

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         1,408 bbl  × $106.41 =   $149,825
Gas                6,074 Mcf  × $  3.05 =    $18,500

────────────────────────────────────────────────────
Month total                                 $168,326

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/281995 is the state's own key, not one this site invented.