BULLION 29-0-24-25 D

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60797District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$40.1 M
Nov 2023 – May 2026
Value, last 12 filed months
$6.6 M
at the published price for each month
Months reported
31
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 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.

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
OilDisposition513,794 bbl$37,804,064
Casinghead gasProduction809,465 Mcf$2,263,555
Total$40,067,619

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 31.7760, -103.4053. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77599, -103.40535 · 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
11,877 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 11,877 ft.

Completions filed
Nov 2023
1 of 1 wells

1 well

42-3013647814H11,877 ftNov 2023

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 (31)

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

31 months

May 20264,63411,915106.413.05$529,395
Apr 20264,65712,67998.932.87$497,102
Mar 20265,07314,14589.753.15$499,851
Feb 20264,82612,19963.503.75$352,201
Jan 20265,26110,86959.138.00$398,012
Dec 20258,12721,76056.664.41$556,511
Nov 20258,11220,71858.593.93$556,630
Oct 20258,95019,44459.383.30$595,710
Sep 20259,37220,65562.743.08$651,553
Aug 20259,55522,69163.933.01$679,259
Jul 20258,73219,38266.743.32$647,029
Jun 20258,65716,78266.483.13$628,024
May 20259,55717,89160.553.23$636,506
Apr 20259,43412,74662.363.54$633,465
Mar 20259,3529,01167.704.27$671,592
Feb 202510,23010,85170.884.34$772,205
Jan 202511,17012,38974.324.28$883,163
Dec 202412,08217,91968.993.12$889,469
Nov 202412,35922,79569.052.20$903,502
Oct 202412,90424,61771.372.28$977,120
Sep 202414,12921,07669.612.36$1,033,351
Aug 202416,35723,14475.632.06$1,284,841
Jul 202418,35926,85179.932.15$1,525,073
Jun 202424,19029,12778.082.63$1,965,475
May 202427,53035,56978.812.20$2,247,836
Apr 202430,96635,17884.451.66$2,673,446
Mar 202435,83550,95980.301.55$2,956,289
Feb 202429,00665,03176.091.78$2,323,058
Jan 202451,48973,39973.023.30$4,001,772
Dec 202368,05082,03071.262.61$5,063,400
Nov 202324,83935,64377.892.81$2,034,780

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                4,634 bbl  × $106.41 =   $493,104
Casinghead gas    11,915 Mcf  × $  3.05 =    $36,291

────────────────────────────────────────────────────
Month total                                 $529,395

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/60797 is the state's own key, not one this site invented.