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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 284437District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.8 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.2 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 Gas112019-09-13223901
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
CondensateDisposition337,963 bbl$20,324,139
GasProduction2,502,598 Mcf$8,466,518
Total$28,790,657

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, -104.0484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83944, -104.04841 · 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
9,451 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 9,451 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-10933103W103H9,451 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 202662310,442106.413.05$98,098
Apr 202669212,74298.932.87$105,026
Mar 202671414,55489.753.15$109,918
Feb 202676313,12563.503.75$97,673
Jan 202660613,63559.138.00$144,884
Dec 202571612,95656.664.41$97,748
Nov 202569913,16658.593.93$92,650
Oct 202576214,27359.383.30$92,418
Sep 202589615,12162.743.08$102,741
Aug 20255499,55963.933.01$63,916
Jul 202590913,35366.743.32$104,935
Jun 202580814,02566.483.13$97,596
May 202585514,88860.553.23$99,893
Apr 202581714,92962.363.54$103,843
Mar 20251,15815,82267.704.27$145,930
Feb 20251,08314,69170.884.34$140,534
Jan 20251,40115,00174.324.28$168,307
Dec 20241,34016,31468.993.12$143,369
Nov 20241,00115,44869.052.20$103,081
Oct 20241,14215,50371.372.28$116,873
Sep 202483412,34269.612.36$87,236
Aug 202463314,48275.632.06$77,759
Jul 20241,1289,97279.932.15$111,567
Jun 20241,29219,30078.082.63$151,715
May 20241,23720,54178.812.20$142,646
Apr 20241,57222,08784.451.66$169,402
Mar 20241,38619,71780.301.55$141,761
Feb 20241,43222,32476.091.78$148,779
Jan 20241,68818,89673.023.30$185,570
Dec 20231,47719,72771.262.61$156,753
Nov 20231,32415,33877.892.81$146,189
Oct 20231,40619,85985.443.09$181,439
Sep 20231,50419,13189.042.74$186,240
Aug 20231,40717,30480.522.67$159,543
Jul 20231,68520,01174.852.64$178,987
Jun 20231,3832,71368.962.26$101,499
May 20231,18718,58370.622.23$125,218
Apr 20231,61122,91378.122.24$177,125
Mar 202360716,83372.852.39$84,504
Feb 202335315,37275.112.47$64,416
Jan 20231,15219,58676.533.39$154,514
Dec 202295223,56576.415.73$207,748
Nov 20221,17020,82185.005.65$217,010
Oct 20221,05616,92887.185.86$191,324
Sep 20221,58918,86384.888.16$288,866
Aug 20221,32720,00694.529.13$308,026
Jul 20221,44917,942101.587.54$282,509
Jun 20222,56021,564115.097.98$466,651
May 20222,07820,508109.378.43$400,216
Apr 202245512,795104.226.84$134,907
Mar 20222108,752108.885.08$67,293
Feb 202290123,59491.054.86$196,676
Jan 202267823,48881.844.54$162,069
Dec 20211,37228,67171.323.90$209,643
Nov 20211,92226,84877.435.24$289,419
Oct 20211,00728,02179.795.71$240,457
Sep 20211,57228,38969.865.35$261,727
Aug 20211,91125,38066.024.22$233,283
Jul 20212,85520,30270.783.98$282,921
Jun 20212,81124,37069.493.38$277,722
May 20212,17030,23563.483.02$228,991
Apr 20213,10828,65360.362.76$266,636
Mar 20213,51029,65161.302.72$295,723
Feb 20212,32821,29857.805.55$252,719
Jan 20211,48322,69950.412.81$138,548
Dec 20203,29826,47344.642.68$218,050
Nov 20202,09834,99938.772.71$176,067
Oct 20202,86517,61136.972.48$149,567
Sep 20202,45917,42937.091.99$125,906
Aug 20203,26023,22539.982.39$185,729
Jul 20205,29824,29338.371.83$247,622
Jun 20204,48220,01134.901.69$190,247
May 2020182016.921.81$3,079
Apr 20203,84726,14914.751.80$103,926
Mar 20205,59522,14730.341.86$210,862
Feb 20203,55211,78449.881.98$200,514
Jan 20202,64314,01457.252.09$180,667
Dec 20192,92923,22459.012.30$226,357
Nov 20192,81518,74955.302.75$207,242
Oct 20192,48924,83653.472.42$193,154
Sep 20193,26523,30155.052.66$241,656
Aug 20192,66812,22453.112.30$169,866
Jul 20193,40718,36156.272.46$236,881
Jun 20193,91427,79052.782.49$275,811
May 20193,29942,65258.482.74$309,806
Apr 20195,26242,88762.632.75$447,528
Mar 20196,93139,41756.803.06$514,380
Feb 20196,07822,15050.852.79$370,914
Jan 20198,40923,62546.033.23$463,332
Dec 20186,80041,28846.594.19$489,620
Nov 20187,07732,68752.934.24$513,088
Oct 201810,06052,32561.443.40$795,891
Sep 201811,24252,79659.543.11$833,439
Aug 201812,16654,55759.403.07$889,963
Jul 20189,97233,24165.142.93$747,035
Jun 201810,58555,08060.183.08$806,482
May 201812,35466,95865.382.90$1,001,936
Apr 201814,33459,39063.842.90$1,087,361
Mar 201815,56765,35261.222.79$1,135,137
Feb 20189,89739,20661.782.77$719,885
Jan 20188,53138,46962.874.01$690,579
Dec 201716,11880,38057.272.92$1,157,910
Nov 201711,48453,69855.423.12$803,893
Oct 20176,42529,89949.292.98$405,897

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           623 bbl  × $106.41 =    $66,293
Gas               10,442 Mcf  × $  3.05 =    $31,805

────────────────────────────────────────────────────
Month total                                  $98,098

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/284437 is the state's own key, not one this site invented.