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BUNIN 4

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) 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 283732District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.7 M
Dec 2017 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
102
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 Gas112019-07-18223624
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
CondensateDisposition298,737 bbl$18,137,817
GasProduction1,444,713 Mcf$4,540,264
Total$22,678,082

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 31.8691, -103.8673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86911, -103.86734 · 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
10,156 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 10,156 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-301334619H10,156 ftDec 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 (102)

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

102 months

May 20261,7548,663106.413.05$213,029
Apr 20262,4098,15498.932.87$261,722
Mar 20261,6379,28689.753.15$176,166
Feb 20262,22810,49963.503.75$180,853
Jan 20261,45014,79559.138.00$204,068
Dec 20251,54712,32456.664.41$142,043
Nov 20252,10110,28058.593.93$163,461
Oct 20251,50610,76659.383.30$125,006
Sep 20251,8388,16562.743.08$140,439
Aug 20251,0024,33363.933.01$77,121
Jul 20252154,03466.743.32$27,723
Jun 20255676,46266.483.13$57,912
May 20256124,45860.553.23$51,466
Apr 20251,3327,50462.363.54$109,651
Mar 20252,0799,84867.704.27$182,783
Feb 20259755,57270.884.34$93,295
Jan 20256882,36074.324.28$61,230
Dec 20242,44210,47268.993.12$201,161
Nov 20241,8139,11169.052.20$145,218
Oct 20241,6919,37671.372.28$142,077
Sep 20241,8909,26969.612.36$153,478
Aug 20241,1758,07575.632.06$105,529
Jul 20248614,05879.932.15$77,531
Jun 20241,0155,27178.082.63$93,135
May 20241,2986,75578.812.20$117,146
Apr 20241,6527,29784.451.66$151,619
Mar 20241,2777,84680.301.55$114,666
Feb 20241,0315,44576.091.78$88,161
Jan 20244523,00873.023.30$42,924
Dec 20231,5127,13871.262.61$126,380
Nov 20231,0065,39977.892.81$93,515
Oct 20231,1686,11485.443.09$118,670
Sep 20235162,11489.042.74$51,727
Aug 20235011,42780.522.67$44,155
Jul 20236953,23974.852.64$60,578
Jun 20236993,26468.962.26$55,575
May 20234372,39470.622.23$36,193
Apr 20231,2226,04878.122.24$108,997
Mar 20231,4206,89572.852.39$119,948
Feb 20231,2835,34875.112.47$109,553
Jan 20231,1295,99876.533.39$106,722
Dec 20228915,47876.415.73$99,465
Nov 20221,1136,77285.005.65$132,841
Oct 20221,4517,85487.185.86$172,552
Sep 20221,6794,52884.888.16$179,479
Aug 20221,5232,22094.529.13$164,216
Jul 20221,3541,782101.587.54$150,979
Jun 20229314,450115.097.98$142,647
May 20221,3466,584109.378.43$202,735
Apr 20221,7476,995104.226.84$229,901
Mar 20221,8666,334108.885.08$235,324
Feb 20221,2635,76991.054.86$143,027
Jan 20221,2906,13981.844.54$133,430
Dec 20211,5804,89571.323.90$131,772
Nov 20217756,18977.435.24$92,419
Oct 20211,25711,99579.795.71$168,834
Sep 20212,42220,50069.865.35$278,895
Aug 20212,75220,88766.024.22$269,843
Jul 20212,51718,89570.783.98$253,395
Jun 20212,00015,08169.493.38$189,963
May 20212,19118,95863.483.02$196,294
Apr 20212,41318,83860.362.76$197,612
Mar 20211,92614,38761.302.72$157,152
Feb 20216127,35357.805.55$76,168
Jan 20211,47614,04250.412.81$113,867
Dec 20202,22317,32644.642.68$145,590
Nov 20202,81621,47638.772.71$167,303
Oct 20202,64721,06836.972.48$150,075
Sep 20203,16025,70437.091.99$168,382
Aug 20203,42326,06939.982.39$199,029
Jul 20203,57524,59938.371.83$182,069
Jun 20203,57723,25134.901.69$164,139
May 20203,53022,41516.921.81$100,405
Apr 20203,62523,53514.751.80$95,935
Mar 20204,09625,51730.341.86$171,638
Feb 20203,40618,97249.881.98$207,469
Jan 20203,75617,22357.252.09$251,109
Dec 20192,93720,35259.012.30$220,211
Nov 20194,12022,44155.302.75$289,564
Oct 20194,41325,04053.472.42$296,523
Sep 20194,46925,70355.052.66$314,319
Aug 20194,44822,74653.112.30$288,648
Jul 20194,83425,35456.272.46$334,382
Jun 20194,35220,49752.782.49$280,761
May 20195,07724,64158.482.74$364,427
Apr 20195,16527,90462.632.75$400,239
Mar 20195,94631,62556.803.06$434,572
Feb 20196,17929,61950.852.79$396,905
Jan 20195,37122,83746.033.23$320,949
Dec 20186,47126,70446.594.19$413,252
Nov 20187,67327,30952.934.24$521,847
Oct 20186,59021,19361.443.40$476,905
Sep 20184,98520,14159.543.11$359,405
Aug 20186,00224,97059.403.07$433,091
Jul 20186,32212,45065.142.93$448,317
Jun 20187,30916,04360.183.08$489,219
May 20189,53428,35465.382.90$705,582
Apr 201810,97830,40563.842.90$789,034
Mar 20187,95429,66761.222.79$569,621
Feb 201811,56135,71961.782.77$813,042
Jan 201813,33653,62262.874.01$1,053,422
Dec 201712,37736,43357.272.92$815,271

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         1,754 bbl  × $106.41 =   $186,643
Gas                8,663 Mcf  × $  3.05 =    $26,386

────────────────────────────────────────────────────
Month total                                 $213,029

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/283732 is the state's own key, not one this site invented.