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 285711District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.5 M
Apr 2016 – May 2026
Value, last 12 filed months
$789 k
at the published price for each month
Months reported
122
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 Gas112020-04-02221776
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
CondensateDisposition183,430 bbl$9,744,917
GasProduction888,076 Mcf$2,767,439
Total$12,512,355

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 31.8741, -103.8600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87411, -103.85999 · 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
10,421 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 10,421 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-301327327H10,421 ftApr 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 (122)

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

122 months

May 20265653,735106.413.05$71,498
Apr 20267254,37298.932.87$84,271
Mar 20266817,60389.753.15$85,065
Feb 20266508,64963.503.75$73,712
Jan 20268638,61059.138.00$119,891
Dec 20257563,13256.664.41$56,658
Nov 202557976858.593.93$36,939
Oct 202565425659.383.30$39,681
Sep 20257418662.743.08$46,755
Aug 20256974,11963.933.01$56,977
Jul 20259485,88666.743.32$82,783
Jun 20254421,87666.483.13$35,254
May 20256271,53060.553.23$42,910
Apr 20258932,14062.363.54$63,270
Mar 20252741,54967.704.27$25,161
Feb 20259501,58070.884.34$74,195
Jan 20257614,40874.324.28$75,418
Dec 20246385,24468.993.12$60,384
Nov 20245043,39869.052.20$42,272
Oct 20241,2237,18171.372.28$103,668
Sep 20246204,69369.612.36$54,254
Aug 20245775,11375.632.06$54,190
Jul 20241011,40879.932.15$11,095
Jun 20244912,49878.082.63$44,917
May 2024052978.812.20$1,163
Apr 202416555284.451.66$14,850
Mar 20246624,70680.301.55$60,430
Feb 20243973,02576.091.78$35,603
Jan 20242531,21273.023.30$22,471
Dec 20235533,03771.262.61$47,336
Nov 20234453,06577.892.81$43,266
Oct 20237373,90685.443.09$75,028
Sep 20230089.042.74$0
Aug 20234931,54180.522.67$43,815
Jul 20239513,03074.852.64$79,187
Jun 20238002,38968.962.26$60,564
May 20235832,19970.622.23$46,070
Apr 20234142,50278.122.24$37,941
Mar 20237255,04272.852.39$64,883
Feb 20234491,90375.112.47$38,417
Jan 20234933,79976.533.39$50,599
Dec 20227084,03676.415.73$77,221
Nov 20226353,59585.005.65$74,273
Oct 20226151,79087.185.86$64,112
Sep 20227314,14384.888.16$95,869
Aug 20228292,90394.529.13$104,853
Jul 20228563,218101.587.54$111,223
Jun 20225487,139115.097.98$120,019
May 20227035,981109.378.43$127,325
Apr 20227275,732104.226.84$114,961
Mar 20228305,789108.885.08$119,758
Feb 20223382,87991.054.86$44,764
Jan 20225484,40981.844.54$64,855
Dec 20216555,42071.323.90$67,848
Nov 20216298,78077.435.24$94,683
Oct 20216664,60579.795.71$79,453
Sep 20217622,80169.865.35$68,221
Aug 202185811,59966.024.22$105,600
Jul 20211,34513,59770.783.98$149,343
Jun 20218657,92769.493.38$86,907
May 202188210,30163.483.02$87,074
Apr 202197012,91060.362.76$94,160
Mar 202192610,87661.302.72$86,313
Feb 20216866,89857.805.55$77,921
Jan 20218527,42350.412.81$63,810
Dec 20209287,07344.642.68$60,349
Nov 20201,04317,67138.772.71$88,265
Oct 20209989,94636.972.48$61,547
Sep 202085112,55037.091.99$56,551
Aug 20201,01013,80639.982.39$73,308
Jul 20209568,10238.371.83$51,469
Jun 20201,04012,62934.901.69$57,643
May 20201,03713,03916.921.81$41,209
Apr 20201,1695,74214.751.80$27,604
Mar 20201,0503,55530.341.86$38,456
Feb 20201,0648,59349.881.98$70,092
Jan 20201,28710,10957.252.09$94,856
Dec 20191,43114,71659.012.30$118,354
Nov 20191,2898,40355.302.75$94,396
Oct 20194702,40753.472.42$30,952
Sep 20191,2106,33655.052.66$83,447
Aug 20191,73010,24953.112.30$115,498
Jul 20191,1516,24456.272.46$80,127
Jun 20191,9415,97252.782.49$117,323
May 20191,5225,62558.482.74$104,421
Apr 20198048,89462.632.75$74,819
Mar 20191,1994,88356.803.06$83,055
Feb 20191,5865,02250.852.79$94,671
Jan 20191,6015,91946.033.23$92,802
Dec 20181,7106,50646.594.19$106,899
Nov 20181,3572,49852.934.24$82,411
Oct 20187772,74861.443.40$57,077
Sep 201862,10859.543.11$6,909
Aug 20182,0204,47659.403.07$133,714
Jul 20189302,78965.142.93$68,757
Jun 20187214,38860.183.08$56,891
May 20181,4543,26465.382.90$104,531
Apr 20181,2744,80563.842.90$95,271
Mar 20182,1275,39361.222.79$145,244
Feb 20181,6855,48361.782.77$119,266
Jan 20181,3495,80662.874.01$108,090
Dec 20172,3276,34757.272.92$151,810
Nov 20171,3257,01955.423.12$95,319
Oct 20172,2497,37049.292.98$132,843
Sep 20171,8458,19247.523.09$112,965
Aug 20172,7139,09645.373.00$150,417
Jul 20172,5069,44443.873.09$139,094
Jun 20172,1619,97442.493.09$122,613
May 20173,02510,11045.373.26$170,237
Apr 20172,54310,77147.933.21$156,478
Mar 20173,09910,94346.772.98$177,591
Feb 20172,90610,41350.452.95$177,353
Jan 20173,39912,12449.413.42$209,394
Dec 20163,38512,56648.763.72$211,834
Nov 20163,57712,40142.492.64$184,779
Oct 20164,93216,61046.193.09$279,138
Sep 20165,28918,50441.553.10$277,132
Aug 20166,13422,70341.442.92$320,584
Jul 20167,92227,74741.622.92$410,855
Jun 201610,49933,41045.352.69$565,863
May 201619,64661,61242.521.99$958,020
Apr 20165,92725,94936.561.99$268,357

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           565 bbl  × $106.41 =    $60,122
Gas                3,735 Mcf  × $  3.05 =    $11,376

────────────────────────────────────────────────────
Month total                                  $71,498

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/285711 is the state's own key, not one this site invented.