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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 285585District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$33.8 M
Feb 2015 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
136
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 Gas112019-09-10221723
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
CondensateDisposition481,020 bbl$27,512,124
GasProduction1,935,806 Mcf$6,256,995
Total$33,769,119

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 31.8698, -103.8716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86977, -103.87164 · 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
10,435 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 10,435 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-301323133H10,435 ftFeb 2015——

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 (136)

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

136 months

May 20269988,479106.413.05$132,023
Apr 202683110,75098.932.87$113,060
Mar 20261,0769,77389.753.15$127,350
Feb 202667912,49763.503.75$89,984
Jan 20266359,56359.138.00$114,032
Dec 20251,15513,23156.664.41$123,835
Nov 20251,45512,69258.593.93$135,083
Oct 20257649,72259.383.30$77,496
Sep 20251,30611,24462.743.08$116,535
Aug 20251,0196,08363.933.01$83,483
Jul 20258426,15066.743.32$76,584
Jun 20251,0688,74866.483.13$98,371
May 20259899,06760.553.23$89,191
Apr 20251,0727,00162.363.54$91,655
Mar 20251,7089,93067.704.27$158,016
Feb 202573710,03370.884.34$95,790
Jan 20253565,34274.324.28$49,315
Dec 20241,74213,42768.993.12$162,091
Nov 20241,58412,82869.052.20$137,577
Oct 20241,13913,79471.372.28$112,760
Sep 20241,82713,45969.612.36$158,999
Aug 20241,58912,79575.632.06$146,580
Jul 20241,61311,43879.932.15$153,480
Jun 20241,64713,07078.082.63$163,024
May 20241,52812,44278.812.20$147,775
Apr 20241,88412,60984.451.66$180,025
Mar 20241,1508,33680.301.55$105,225
Feb 20241,95711,93876.091.78$170,201
Jan 20241,3697,75673.023.30$125,541
Dec 20232,08112,97671.262.61$182,169
Nov 20231,43710,73377.892.81$142,061
Oct 20232,18313,97785.443.09$229,666
Sep 20231,3227,93989.042.74$139,424
Aug 20231,3449,15280.522.67$132,681
Jul 20232,01311,84474.852.64$181,963
Jun 20231,64110,32368.962.26$136,478
May 20236658,13670.622.23$65,084
Apr 20232,24514,86878.122.24$208,650
Mar 20232,00012,77972.852.39$176,282
Feb 20231,71111,52175.112.47$156,920
Jan 20231,88713,44976.533.39$189,974
Dec 20221,82512,58376.415.73$211,537
Nov 20221,79312,53585.005.65$223,180
Oct 20221,66814,35587.185.86$229,591
Sep 20222,24410,37784.888.16$275,185
Aug 20222,6486,99594.529.13$314,133
Jul 20222,0767,164101.587.54$264,912
Jun 20222,31312,644115.097.98$367,067
May 20222,58616,573109.378.43$422,592
Apr 20222,57715,181104.226.84$372,377
Mar 20222,21916,292108.885.08$324,309
Feb 20221,7169,28191.054.86$201,337
Jan 20221,7158,50781.844.54$178,958
Dec 20211,9019,29471.323.90$171,818
Nov 20212,45117,91377.435.24$283,589
Oct 20211,75310,02379.795.71$197,142
Sep 20212,2137,74769.865.35$196,054
Aug 20212,89811,24666.024.22$238,791
Jul 20212,50910,35070.783.98$218,802
Jun 20212,57410,28369.493.38$213,630
May 20212,88111,94063.483.02$218,917
Apr 20213,0649,14760.362.76$210,174
Mar 20212,8599,77561.302.72$201,815
Feb 20211,6176,77057.805.55$131,022
Jan 20213,1709,60850.412.81$186,801
Dec 20202,9519,85744.642.68$158,105
Nov 20203,24513,27938.772.71$161,749
Oct 20203,23713,86036.972.48$154,023
Sep 20203,57915,13937.091.99$162,887
Aug 20203,29913,48939.982.39$164,067
Jul 20203,66616,37638.371.83$170,553
Jun 20203,0868,90034.901.69$122,745
May 20202,7019,00216.921.81$62,037
Apr 20203,27210,11914.751.80$66,521
Mar 20203,72212,30030.341.86$135,757
Feb 20203,2049,98449.881.98$179,591
Jan 20204,10010,77957.252.09$257,304
Dec 20195,43212,84759.012.30$350,146
Nov 20193,66613,51055.302.75$239,892
Oct 20194,32412,71253.472.42$261,949
Sep 20194,32813,66355.052.66$274,563
Aug 20194,55414,16553.112.30$274,504
Jul 20194,71415,89456.272.46$304,357
Jun 20195,06319,26252.782.49$315,211
May 20195,79219,43858.482.74$391,983
Apr 20195,13718,27262.632.75$371,991
Mar 20196,83023,02056.803.06$458,434
Feb 20196,30923,22750.852.79$385,668
Jan 20196,26819,45346.033.23$351,314
Dec 20186,28933,02346.594.19$431,220
Nov 20187,62629,96652.934.24$530,617
Oct 20186,37217,78161.443.40$451,917
Sep 20185,51814,86859.543.11$374,751
Aug 20189,83028,13659.403.07$670,183
Jul 20186,64717,70465.142.93$484,892
Jun 20187,16317,87860.183.08$486,079
May 20189,73124,36665.382.90$706,894
Apr 201811,58929,17763.842.90$824,478
Mar 20188,46727,80461.222.79$595,835
Feb 201811,17543,85761.782.77$811,705
Jan 201822,05262,93362.874.01$1,638,728
Dec 201718,27956,47157.272.92$1,211,819
Nov 20177512,05455.423.12$48,026
Oct 20172,2585,85949.292.98$128,778
Sep 20172,0125,80947.523.09$113,544
Aug 20172,3537,34545.373.00$128,823
Jul 20177301,08743.873.09$35,381
Jun 20171781,56042.493.09$12,379
May 20172,1977,97045.373.26$125,687
Apr 20172,2137,85247.933.21$131,287
Mar 20172,1458,22046.772.98$124,848
Feb 20172,1917,86850.452.95$133,767
Jan 20172,6768,11949.413.42$159,978
Dec 20162,3509,34048.763.72$149,357
Nov 20162,1168,64142.492.64$112,759
Oct 20162,5027,46046.193.09$138,621
Sep 20162,6817,36741.553.10$134,238
Aug 20162,3038,22441.442.92$119,486
Jul 20162,9499,04641.622.92$149,191
Jun 20162,4289,24545.352.69$134,940
May 20163,39411,11042.521.99$166,433
Apr 20162,6538,75636.561.99$114,427
Mar 20163,2349,98633.011.79$124,669
Feb 20162,8479,97126.472.06$95,937
Jan 20163,70018,02627.352.36$143,815
Dec 20153,57517,64032.362.00$150,992
Nov 20154,16314,08738.792.17$192,014
Oct 20154,41915,42843.552.43$229,885
Sep 20154,69117,53042.992.76$250,021
Aug 20155,28619,43440.162.87$268,110
Jul 20156,64924,50848.152.95$392,327
Jun 20159,04131,72756.152.88$599,117
May 201511,10938,01255.212.96$725,670
Apr 201513,82744,72749.822.71$809,918
Mar 201517,58957,97242.892.93$924,523
Feb 20153,07512,83844.662.98$175,538

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           998 bbl  × $106.41 =   $106,197
Gas                8,479 Mcf  × $  3.05 =    $25,826

────────────────────────────────────────────────────
Month total                                 $132,023

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/285585 is the state's own key, not one this site invented.