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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 285903District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Jan 2015 – May 2026
Value, last 12 filed months
$16
at the published price for each month
Months reported
132
5 months not filed
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 Gas112019-08-06221724
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
CondensateDisposition166,867 bbl$8,543,823
GasProduction559,738 Mcf$1,719,342
Total$10,263,165

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 31.8699, -103.8658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86989, -103.86583 · 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
10,366 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 10,366 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-301323115H10,366 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 (132)

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

132 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250566.483.13$16
May 20250660.553.23$19
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024185069.052.20$12,774
Oct 20241071.372.28$71
Sep 2024057469.612.36$1,357
Aug 20247362,71375.632.06$61,262
Jul 2024131,58579.932.15$4,441
Jun 2024370078.082.63$28,890
May 20240478.812.20$9
Apr 202436784.451.66$365
Mar 202491,75080.301.55$3,427
Feb 20247622,06276.091.78$61,658
Jan 2024141,85673.023.30$7,143
Dec 20237522,42371.262.61$59,913
Nov 20233781,74477.892.81$34,339
Oct 202337874085.443.09$34,581
Sep 202311,27389.042.74$3,571
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202337737768.962.26$26,849
May 202342,18370.622.23$5,145
Apr 20233411,34778.122.24$29,653
Mar 20230072.852.39$0
Feb 2023121,42575.112.47$4,415
Jan 20237632,80076.533.39$67,878
Dec 2022111,89576.415.73$11,697
Nov 20227692,76485.005.65$80,971
Oct 20223932,94487.185.86$51,525
Sep 20223792,88984.888.16$55,754
Aug 20223632,24594.529.13$54,801
Jul 20223822,956101.587.54$61,098
Jun 20223862,140115.097.98$61,496
May 20225582,502109.378.43$82,128
Apr 20225723,204104.226.84$81,522
Mar 20226873,255108.885.08$91,324
Feb 2022121,49391.054.86$8,347
Jan 20226182,61181.844.54$62,425
Dec 20213951,96471.323.90$35,829
Nov 20212131,12677.435.24$22,389
Oct 20217883,32679.795.71$81,879
Sep 20213621,26769.865.35$32,069
Aug 20213952,23666.024.22$35,515
Jul 20215821,90970.783.98$48,796
Jun 202139487569.493.38$30,337
May 20211971,10663.483.02$15,843
Apr 202120048760.362.76$13,415
Mar 20210061.302.72$0
Feb 2021499657.805.55$5,757
Jan 2021123850.412.81$719
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200736.972.48$17
Sep 20207402,45137.091.99$32,327
Aug 20201,4377,38539.982.39$75,065
Jul 20201,1326,67938.371.83$55,625
Jun 2020014134.901.69$238
May 202004916.921.81$89
Apr 20200014.751.80$0
Mar 20205562,14630.341.86$20,853
Feb 20209344,58849.881.98$55,675
Jan 20201,3144,85357.252.09$85,392
Dec 20191,1294,80559.012.30$77,695
Nov 20193702,02555.302.75$26,031
Oct 2019134253.472.42$7,170
Sep 20190055.052.66$0
Aug 201919613153.112.30$10,711
Jul 2019569056.272.46$1,979
Jun 201936829452.782.49$20,155
May 201960730658.482.74$36,336
Apr 20197802,35162.632.75$55,318
Mar 20194012,66456.803.06$30,934
Feb 2019116150.852.79$500
Jan 20194041,43046.033.23$23,212
Dec 20187813,03546.594.19$49,090
Nov 20187562,32752.934.24$49,875
Oct 20181,3181,75661.443.40$86,945
Sep 20185952,11959.543.11$42,012
Aug 20181,11448859.403.07$67,668
Jul 20181,4851,50965.142.93$101,157
Jun 201893832060.183.08$57,433
May 20181,11843665.382.90$74,360
Apr 20181,54842263.842.90$100,048
Mar 20181,16144561.222.79$72,317
Feb 20181,34150061.782.77$84,230
Jan 20189391,19962.874.01$63,842
Dec 20172,3162,96157.272.92$141,288
Nov 20179303,03355.423.12$60,999
Oct 20172,4315,82449.292.98$137,201
Sep 20172,0416,23747.523.09$116,244
Aug 20171,9771,74445.373.00$94,936
Jul 20170043.873.09$0
Jun 20172,1706,81942.493.09$113,255
May 20172,4728,35945.373.26$139,433
Apr 20172,2057,67447.933.21$130,331
Mar 20172,3618,23746.772.98$135,001
Feb 20172,5297,85350.452.95$150,775
Jan 20172,5007,24649.413.42$148,298
Dec 20162,3477,70648.763.72$143,128
Nov 20162,5177,46542.492.64$126,687
Oct 20161,9437,73246.193.09$113,641
Sep 20161,7736,59741.553.10$94,123
Aug 20162,2997,12141.442.92$116,095
Jul 20161,7357,31241.622.92$93,593
Jun 20162,1007,11445.352.69$114,342
May 20162,6647,84742.521.99$128,897
Apr 20162,8856,85036.561.99$119,114
Mar 20164,07415,80533.011.79$162,837
Sep 20155,84218,29742.992.76$301,618
Aug 20156,69822,29140.162.87$333,022
Jul 20158,61328,22648.152.95$497,844
Jun 20157,85926,70856.152.88$518,278
May 201516,11755,17355.212.96$1,052,881
Apr 201515,65355,87049.822.71$931,049
Mar 201516,00059,69242.892.93$861,419
Feb 20154,45416,86944.662.98$249,121
Jan 20150043.433.10$0

Not filed, and not zero: Oct 2015 – Feb 2016 (5 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Jun 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.48 =         $0
Gas                    5 Mcf  × $  3.13 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/285903 is the state's own key, not one this site invented.