STEDE BONNET

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the SAND HILLS (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55115District 08Field 80473062OilCasinghead gasSave
Value, all time
$25.8 M
Sep 2020 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
69
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition267,540 bbl$20,397,429
Casinghead gasProduction1,413,855 Mcf$5,392,409
Total$25,789,839

Wells on this lease (7)

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 31.5356, -102.6529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.53576, -102.65239 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
5,803 ft
7 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.
7100.0%

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

Between 5,269 and 6,318 ft, median 5,803 ft, over the 7 wells that filed a depth.

Completions filed
Sep 2020 – Feb 2026
7 of 7 wells

7 wells

42-10336822185,313 ftFeb 2026
42-10337168445,803 ftOct 2025
42-10336991226,025 ftJan 2024
42-10336943195,269 ftMar 2022
42-1033669936,318 ftAug 2021
42-10336813175,319 ftJul 2021
42-1033669856,309 ftSep 2020

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 (69)

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

69 months

May 20262,40919,330106.413.05$315,218
Apr 20261,83317,82498.932.87$232,489
Mar 20261,88518,44689.753.15$227,273
Feb 20261,67514,28063.503.75$159,917
Jan 20262,05716,81159.138.00$256,083
Dec 20252,26918,82356.664.41$211,634
Nov 20252,42921,05758.593.93$224,994
Oct 20253,10023,17359.383.30$260,661
Sep 20252,14117,51062.743.08$188,203
Aug 20252,57720,31163.933.01$225,980
Jul 20252,79023,81066.743.32$265,140
Jun 20253,00525,22966.483.13$278,707
May 20252,93924,84760.553.23$258,270
Apr 20253,31822,40162.363.54$286,280
Mar 20253,08527,56867.704.27$326,524
Feb 20252,70428,99170.884.34$317,505
Jan 20253,54434,81874.324.28$412,365
Dec 20243,75033,80168.993.12$364,218
Nov 20244,12131,50669.052.20$353,819
Oct 20244,34031,32371.372.28$381,206
Sep 20243,78831,05369.612.36$337,103
Aug 20243,40429,57975.632.06$318,485
Jul 20244,53627,09779.932.15$420,729
Jun 20244,02119,85978.082.63$366,268
May 20244,72022,69878.812.20$421,883
Apr 20244,09420,38284.451.66$379,556
Mar 20244,57025,75280.301.55$406,761
Feb 20243,47321,72476.091.78$303,008
Jan 20244,57224,03173.023.30$413,094
Dec 20233,42923,08871.262.61$304,627
Nov 20233,02520,46877.892.81$293,082
Oct 20233,92523,23985.443.09$407,097
Sep 20234,01020,49189.042.74$413,094
Aug 20233,59223,90980.522.67$353,134
Jul 20233,79026,71874.852.64$354,265
Jun 20233,71724,72468.962.26$312,163
May 20233,37024,83570.622.23$293,307
Apr 20234,06829,05978.122.24$382,819
Mar 20234,15824,39472.852.39$361,289
Feb 20234,20419,70675.112.47$364,351
Jan 20232,30917,35576.533.39$235,502
Dec 20224,02925,96676.415.73$456,617
Nov 20224,79828,00885.005.65$565,969
Oct 20224,12424,79687.185.86$504,928
Sep 20224,82719,70084.888.16$570,540
Aug 20222,97118,35594.529.13$448,348
Jul 20223,25421,872101.587.54$495,502
Jun 20224,78922,933115.097.98$734,107
May 20224,81223,085109.378.43$720,965
Apr 20224,72818,785104.226.84$621,196
Mar 20226,65723,810108.885.08$845,683
Feb 20224,22516,09891.054.86$462,904
Jan 20227,12022,06481.844.54$682,820
Dec 20218,91527,94371.323.90$744,771
Nov 20218,18623,25877.435.24$755,641
Oct 20219,91322,35379.795.71$918,680
Sep 20218,41621,34869.865.35$702,173
Aug 202112,15631,60466.024.22$935,927
Jul 20212,1936,72870.783.98$182,012
Jun 20211,8084,57569.493.38$141,104
May 20212,6207,20863.483.02$188,069
Apr 20213,3498,84560.362.76$226,544
Mar 20213,5266,58861.302.72$234,043
Feb 20212,5193,10157.805.55$162,802
Jan 20213,0284,69350.412.81$165,830
Dec 20202,4932,41444.642.68$117,746
Nov 20202,9642,63538.772.71$122,046
Oct 20201,5501,61836.972.48$61,314
Sep 20208241,45237.091.99$33,453

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
Oil                2,409 bbl  × $106.41 =   $256,342
Casinghead gas    19,330 Mcf  × $  3.05 =    $58,876

────────────────────────────────────────────────────
Month total                                 $315,218

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/O/55115 is the state's own key, not one this site invented.