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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 285712District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.5 M
Apr 2016 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
122
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 Gas112019-10-04221777
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
CondensateDisposition377,092 bbl$20,308,165
GasProduction1,311,382 Mcf$4,190,200
Total$24,498,366

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 31.8694, -103.8583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86938, -103.85833 · 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
10,379 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 10,379 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-301327298H10,379 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 20269563,945106.413.05$113,744
Apr 20261,2345,45498.932.87$137,731
Mar 20261,1982,87989.753.15$116,588
Feb 20261,2813,60163.503.75$94,848
Jan 20261,2842,44859.138.00$95,502
Dec 20257174,51956.664.41$60,569
Nov 20258336,00458.593.93$72,380
Oct 20251,1328,97959.383.30$96,892
Sep 20251,47513,98562.743.08$135,572
Aug 20251,3926,17763.933.01$107,613
Jul 20251,7002,56866.743.32$121,971
Jun 20254981,47066.483.13$37,706
May 20251,1542,22860.553.23$77,076
Apr 20251,8209,66562.363.54$147,739
Mar 20254291,14567.704.27$33,931
Feb 20251,63910,08470.884.34$159,945
Jan 20251,5271,71274.324.28$120,812
Dec 20241,2982,65768.993.12$97,843
Nov 20241,15629269.052.20$80,464
Oct 20241,98439271.372.28$142,492
Sep 20244527069.612.36$31,629
Aug 20241,3311,41375.632.06$103,579
Jul 202423260779.932.15$19,847
Jun 20241,2021,18978.082.63$96,984
May 2024023778.812.20$521
Apr 202447118484.451.66$40,081
Mar 20241,8522,97380.301.55$153,309
Feb 20241,1621,17576.091.78$90,512
Jan 20249141,57873.023.30$71,944
Dec 20231,5252,10471.262.61$114,164
Nov 20231,1382,02677.892.81$94,327
Oct 20231,0743,28985.443.09$101,917
Sep 20230089.042.74$0
Aug 2023010880.522.67$289
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023492070.622.23$34,745
Apr 20239611,99578.122.24$79,538
Mar 20231,9376,04172.852.39$155,568
Feb 20231,1501,70475.112.47$90,578
Jan 20231,3364,22376.533.39$116,550
Dec 20221,8454,45176.415.73$166,477
Nov 20221,5833,93385.005.65$156,762
Oct 20221,6492,16787.185.86$156,467
Sep 20221,8056,40884.888.16$205,521
Aug 20222,2707,60794.529.13$283,991
Jul 20221,97212,696101.587.54$296,070
Jun 20221,3566,703115.097.98$209,533
May 20222,0336,710109.378.43$278,935
Apr 20222,1616,795104.226.84$271,681
Mar 20222,3375,053108.885.08$280,104
Feb 20228362,29491.054.86$87,264
Jan 20221,3423,68781.844.54$126,560
Dec 20211,9585,69771.323.90$161,858
Nov 20211,8172,71177.435.24$154,887
Oct 20211,99310,81879.795.71$220,834
Sep 20212,15316,96169.865.35$241,166
Aug 20212,0848,70466.024.22$174,322
Jul 20212,2244,12370.783.98$173,833
Jun 20212,1794,11169.493.38$165,316
May 20212,18364263.483.02$140,514
Apr 20212,2084,84760.362.76$146,645
Mar 20212,47213,12461.302.72$187,191
Feb 20211,94212,98457.805.55$184,282
Jan 20212,0687,52650.412.81$125,398
Dec 20201,9463,83144.642.68$97,119
Nov 20202,2962,64238.772.71$96,167
Oct 20202,0074,51436.972.48$85,386
Sep 20201,9304,43137.091.99$80,406
Aug 20202,3005,41539.982.39$104,869
Jul 20202,3538,93538.371.83$106,592
Jun 20202,3367,01834.901.69$93,389
May 20202,3757,75916.921.81$54,266
Apr 20202,80816,90214.751.80$71,916
Mar 20202,78817,73930.341.86$117,516
Feb 20202,7329,35249.881.98$154,795
Jan 20202,5416,08957.252.09$158,227
Dec 20193,23615,18359.012.30$225,943
Nov 20192,76313,36255.302.75$189,549
Oct 20196953,15353.472.42$44,787
Sep 20191,7276,77455.052.66$113,072
Aug 20192,7958,15553.112.30$167,235
Jul 20193,12812,88656.272.46$207,713
Jun 20193,92512,34152.782.49$237,905
May 20193,07911,12358.482.74$210,541
Apr 20191,9619,48662.632.75$148,911
Mar 20193,20111,67556.803.06$217,567
Feb 20193,60112,43850.852.79$217,840
Jan 20193,77414,62546.033.23$220,929
Dec 20184,08815,38246.594.19$254,840
Nov 20184,02115,02552.934.24$276,496
Oct 20185661,96361.443.40$41,445
Sep 20187413,85759.543.11$56,107
Aug 20182,8594,60759.403.07$183,952
Jul 20181,8606,93265.142.93$141,484
Jun 20182,7649,25760.183.08$194,821
May 20183,65415,08365.382.90$282,651
Apr 20184,00613,66663.842.90$295,385
Mar 20182,86412,88861.222.79$211,251
Feb 20184,16312,10961.782.77$290,685
Jan 20183,66512,72062.874.01$281,417
Dec 20174,70517,04857.272.92$319,261
Nov 20173,18714,63455.423.12$222,258
Oct 20174,86615,58349.292.98$286,340
Sep 20174,79017,36347.523.09$281,225
Aug 20175,17918,92445.373.00$291,827
Jul 20174,88720,79043.873.09$278,577
Jun 20175,78720,30442.493.09$308,574
May 20176,53622,61145.373.26$370,327
Apr 20176,62723,16947.933.21$392,042
Mar 20176,95125,04946.772.98$399,836
Feb 20176,50723,68650.452.95$398,213
Jan 20178,90928,72649.413.42$538,402
Dec 20167,69530,65648.763.72$489,335
Nov 20169,59033,33942.492.64$495,639
Oct 20169,88235,02246.193.09$564,677
Sep 201611,13037,63641.553.10$579,147
Aug 201613,85547,81441.442.92$713,976
Jul 201618,54165,19141.622.92$962,317
Jun 201621,54475,51445.352.69$1,179,838
May 201623,70181,55242.521.99$1,170,140
Apr 20166,26925,58236.561.99$280,129

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           956 bbl  × $106.41 =   $101,728
Gas                3,945 Mcf  × $  3.05 =    $12,016

────────────────────────────────────────────────────
Month total                                 $113,744

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/285712 is the state's own key, not one this site invented.