STEDE BONNET E

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

Oil lease lease 58423District 08Field 80473682Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.5 M
Oct 2022 – May 2026
Value, last 12 filed months
$239 k
at the published price for each month
Months reported
44
no gaps in the span
Streams
2
oil, casinghead 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 177 leases and 1,443 wells, and the rule below applies to all of them.

Discovered
1930-12-31
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 10 acres. The field rule took effect on 2024-12-18.

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: PRORATION ACRES PLATS AT THEIR OPTION

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
OilDisposition39,813 bbl$3,079,193
Casinghead gasProduction123,263 Mcf$393,686
Total$3,472,879

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 31.5407, -102.6486. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54074, -102.64858 · 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
5,911 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 5,911 ft.

Completions filed
Jun 2025
1 of 1 wells

1 well

42-10337103205,911 ftJun 2025

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 (44)

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

44 months

May 20262731,476106.413.05$33,546
Apr 20263211,79798.932.87$36,913
Mar 20262901,84989.753.15$31,851
Feb 202622777963.503.75$17,336
Jan 20261681,15259.138.00$19,147
Dec 20251611,30256.664.41$14,868
Nov 20251871,02458.593.93$14,977
Oct 20252281,23759.383.30$17,627
Sep 20251811,26962.743.08$15,261
Aug 20251971,08563.933.01$15,865
Jul 20251601,47766.743.32$15,575
Jun 20256247266.483.13$5,599
May 20251451,68660.553.23$14,229
Apr 20251961,34162.363.54$16,974
Mar 20251791,09067.704.27$16,771
Feb 202522599570.884.34$20,267
Jan 20254951,49074.324.28$43,164
Dec 20245701,48468.993.12$43,956
Nov 20245601,73369.052.20$42,478
Oct 20246642,45671.372.28$52,993
Sep 20245331,87369.612.36$41,531
Aug 20242401,53975.632.06$21,327
Jul 20242921,83579.932.15$27,279
Jun 20244581,73078.082.63$40,317
May 20245151,44878.812.20$43,770
Apr 20244282,19584.451.66$39,787
Mar 20245292,64680.301.55$46,567
Feb 20245251,25776.091.78$42,189
Jan 20245171,57073.023.30$42,929
Dec 20235582,43371.262.61$46,115
Nov 20238012,48977.892.81$69,378
Oct 20234981,75785.443.09$47,973
Sep 20232801,97189.042.74$30,322
Aug 20231,1335,89380.522.67$106,980
Jul 20238845,45274.852.64$80,570
Jun 20231,3156,92068.962.26$106,311
May 20231,7385,87270.622.23$135,817
Apr 20231,9325,31178.122.24$162,813
Mar 20231,9206,82772.852.39$156,210
Feb 20231,9147,56575.112.47$162,413
Jan 20233,6129,55476.533.39$308,793
Dec 20225,39010,22076.415.73$470,401
Nov 20226,7826,37485.005.65$612,459
Oct 20221,5301,33887.185.86$141,231

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                  273 bbl  × $106.41 =    $29,050
Casinghead gas     1,476 Mcf  × $  3.05 =     $4,496

────────────────────────────────────────────────────
Month total                                  $33,546

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/58423 is the state's own key, not one this site invented.