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MDJ MINERALS 58-T2-22

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 284436District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.7 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
104
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 Gas112019-04-01222854
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
CondensateDisposition331,146 bbl$20,901,605
GasProduction1,640,489 Mcf$5,836,351
Total$26,737,956

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 31.8394, -104.0464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83941, -104.04640 · 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
9,492 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 9,492 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-10933102W102H9,492 ftOct 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 (104)

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

104 months

May 20269289,362106.413.05$127,264
Apr 20261,1679,03498.932.87$141,376
Mar 20261,07910,17889.753.15$128,895
Feb 20261,1279,27863.503.75$106,360
Jan 202694910,49159.138.00$140,021
Dec 20251,1578,88056.664.41$104,746
Nov 20251,0578,95458.593.93$97,087
Oct 20251,22710,31959.383.30$106,962
Sep 20251,20610,05662.743.08$106,606
Aug 202595110,18563.933.01$91,503
Jul 202592410,25166.743.32$95,652
Jun 202582210,54666.483.13$87,642
May 20251,09010,53660.553.23$100,055
Apr 20251,14010,67062.363.54$108,895
Mar 20251,35710,42167.704.27$136,349
Feb 20251,05510,03370.884.34$118,330
Jan 20251,1199,99874.324.28$125,942
Dec 20241,23010,84268.993.12$118,700
Nov 20249748,33469.052.20$85,577
Oct 20242,76910,59071.372.28$221,784
Sep 20242,4266,74269.612.36$184,814
Aug 20247258,00775.632.06$71,355
Jul 20241,3915,65879.932.15$123,328
Jun 20241,4408,12978.082.63$133,847
May 20241,49010,30178.812.20$140,073
Apr 20241,54010,14084.451.66$146,877
Mar 20241,4238,77880.301.55$127,830
Feb 20242,0049,97076.091.78$170,267
Jan 20241,5178,34873.023.30$138,300
Dec 20231,9728,49271.262.61$162,695
Nov 20231,6356,86477.892.81$146,621
Oct 20231,93610,54885.443.09$197,976
Sep 20231,66312,33589.042.74$181,810
Aug 20231,53512,00580.522.67$155,686
Jul 20238586,07374.852.64$80,265
Jun 20231,3061,14368.962.26$92,643
May 20231,5127,48570.622.23$123,450
Apr 20232,0699,26778.122.24$182,368
Mar 20232,05912,99772.852.39$181,102
Feb 20232,13912,72375.112.47$192,031
Jan 20232,69814,94376.533.39$257,101
Dec 20222,76514,79176.415.73$296,012
Nov 20222,55015,12185.005.65$302,126
Oct 20222,22415,62987.185.86$285,533
Sep 20222,58814,95784.888.16$341,774
Aug 20222,57816,19494.529.13$391,478
Jul 20222,58524,008101.587.54$443,655
Jun 20223,06228,923115.097.98$583,130
May 20222,65018,969109.378.43$449,797
Apr 20222,08511,702104.226.84$297,312
Mar 20226514,571108.885.08$94,085
Feb 20221,92910,40491.054.86$226,187
Jan 20222,45813,32881.844.54$261,641
Dec 20212,71219,23771.323.90$268,427
Nov 20212,37319,77277.435.24$287,284
Oct 20211,49221,48479.795.71$241,803
Sep 20212,01322,36369.865.35$260,291
Aug 20212,64318,43366.024.22$252,289
Jul 20212,53910,83170.783.98$222,840
Jun 20212,99113,87969.493.38$254,764
May 20211,35515,48463.483.02$132,741
Apr 20212,53815,07660.362.76$194,780
Mar 20213,14317,52261.302.72$240,272
Feb 20212,39812,77457.805.55$209,474
Jan 20214,07617,34750.412.81$254,221
Dec 20202,57311,96144.642.68$146,860
Nov 20204,88417,96038.772.71$237,963
Oct 20201,5447,00136.972.48$74,433
Sep 20201,9604,72537.091.99$82,104
Aug 20202,3766,25039.982.39$109,899
Jul 20203708,58938.371.83$29,873
Jun 20205834,24834.901.69$27,527
May 2020151016.921.81$2,555
Apr 20202,7809,56614.751.80$58,266
Mar 20201,2186,45330.341.86$48,932
Feb 20202,61115,92549.881.98$161,779
Jan 20202,68014,16057.252.09$183,092
Dec 20192,5607,77059.012.30$168,970
Nov 20192,45711,51355.302.75$167,541
Oct 20193,67614,79653.472.42$232,340
Sep 20193,65515,25455.052.66$241,742
Aug 20193,80023,79353.112.30$256,646
Jul 20191,94016,43856.272.46$149,602
Jun 20194,83220,86452.782.49$307,009
May 20193,2915,61458.482.74$207,842
Apr 20194,81125,91562.632.75$372,597
Mar 20194,26421,11556.803.06$306,851
Feb 20196,65014,95350.852.79$379,905
Jan 20197,52814,95446.033.23$394,788
Dec 20186,69630,12646.594.19$438,057
Nov 20185,61520,20652.934.24$382,820
Oct 20187,66027,13961.443.40$562,851
Sep 20188,43436,30159.543.11$614,984
Aug 20189,07240,16259.403.07$662,036
Jul 20184,08222,19065.142.93$330,960
Jun 201812,76943,92360.183.08$903,586
May 201814,48950,77365.382.90$1,094,573
Apr 201811,82543,15763.842.90$880,098
Mar 201813,35054,47761.222.79$969,106
Feb 20188,07931,29461.782.77$585,684
Jan 20181,4441,35262.874.01$96,205
Dec 201715,45364,58457.272.92$1,073,677
Nov 201715,83768,61455.423.12$1,091,650
Oct 20176,08323,66949.292.98$370,452

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           928 bbl  × $106.41 =    $98,748
Gas                9,362 Mcf  × $  3.05 =    $28,515

────────────────────────────────────────────────────
Month total                                 $127,264

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/284436 is the state's own key, not one this site invented.