BUCHHORN GAS UNIT

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the WARMSLEY, S. (10550) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 250898District 02Field 952565752 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.0 M
May 2009 – May 2026
Value, last 12 filed months
$276 k
at the published price for each month
Months reported
205
no gaps in the span
Streams
2
condensate, 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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1987-06-16
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2008.

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 Gas112011-11-14204244
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
CondensateDisposition61,052 bbl$4,526,562
GasProduction4,035,091 Mcf$15,521,316
Total$20,047,878

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 28.8950, -97.6204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89498, -97.62039 · 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
9,968 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 9,968 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-123322871H9,968 ftMay 2009

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 (205)

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

205 months

May 202607,889106.413.05$24,029
Apr 202605,14798.932.87$14,770
Mar 20261782,55789.753.15$24,029
Feb 202602,29863.503.75$8,618
Jan 202604,02159.138.00$32,160
Dec 20251764,29756.664.41$28,936
Nov 202504,21858.593.93$16,562
Oct 202505,73359.383.30$18,947
Sep 202504,19962.743.08$12,920
Aug 20251767,96563.933.01$35,264
Jul 20251879,14266.743.32$42,788
Jun 202505,28566.483.13$16,535
May 202508,28760.553.23$26,786
Apr 20251734,43362.363.54$26,495
Mar 202508,58567.704.27$36,644
Feb 20251707,62270.884.34$45,135
Jan 20251807,70574.324.28$46,345
Dec 202407,87468.993.12$24,578
Nov 202408,30169.052.20$18,249
Oct 20241788,57471.372.28$32,265
Sep 20241758,88369.612.36$33,184
Aug 202408,81175.632.06$18,183
Jul 20241778,33579.932.15$32,039
Jun 202408,57878.082.63$22,594
May 20241778,87378.812.20$33,456
Apr 202409,52484.451.66$15,802
Mar 20241909,73280.301.55$30,294
Feb 20241708,26276.091.78$27,672
Jan 20241929,48573.023.30$45,298
Dec 202309,25971.262.61$24,173
Nov 2023013,77877.892.81$38,683
Oct 202335617,89085.443.09$85,648
Sep 2023010,33789.042.74$28,272
Aug 2023010,92980.522.67$29,212
Jul 20231768,87274.852.64$36,612
Jun 202309,23468.962.26$20,855
May 202317811,30670.622.23$37,753
Apr 202317311,37178.122.24$38,960
Mar 202318212,57972.852.39$43,362
Feb 2023010,36875.112.47$25,564
Jan 20231847,21276.533.39$38,514
Dec 202218317,78776.415.73$115,886
Nov 202217822,50485.005.65$142,192
Oct 202217822,81387.185.86$149,288
Sep 202217720,20484.888.16$179,963
Aug 202234320,72794.529.13$221,599
Jul 202218121,339101.587.54$179,326
Jun 202218020,879115.097.98$187,272
May 202218318,995109.378.43$180,200
Apr 202218314,251104.226.84$116,515
Mar 20221793,262108.885.08$36,049
Feb 202202,51691.054.86$12,225
Jan 202202,55281.844.54$11,580
Dec 202102,53571.323.90$9,884
Nov 20211792,44477.435.24$26,659
Oct 202102,75979.795.71$15,765
Sep 202102,91969.865.35$15,619
Aug 202103,02266.024.22$12,755
Jul 202102,98070.783.98$11,867
Jun 20211822,95069.493.38$22,620
May 202103,36963.483.02$10,167
Apr 202103,37660.362.76$9,312
Mar 20211843,23061.302.72$20,055
Feb 202102,17157.805.55$12,045
Jan 202103,28350.412.81$9,226
Dec 202002,34444.642.68$6,271
Nov 202002,05738.772.71$5,567
Oct 20201821,83636.972.48$11,279
Sep 202001,46837.091.99$2,923
Aug 202001,94739.982.39$4,644
Jul 202002,79438.371.83$5,099
Jun 202002,70734.901.69$4,576
May 202003,02416.921.81$5,488
Apr 20201772,66114.751.80$7,412
Mar 202002,90930.341.86$5,400
Feb 202002,49849.881.98$4,948
Jan 202003,55457.252.09$7,445
Dec 201901,84959.012.30$4,261
Nov 20191743,13155.302.75$18,235
Oct 201903,30553.472.42$7,993
Sep 20191843,24755.052.66$18,757
Aug 201903,65453.112.30$8,420
Jul 201903,90756.272.46$9,611
Jun 201903,96852.782.49$9,885
May 20191843,93758.482.74$21,549
Apr 201904,12062.632.75$11,333
Mar 201903,36856.803.06$10,313
Feb 201902,84850.852.79$7,952
Jan 201902,87946.033.23$9,294
Dec 20181883,14446.594.19$21,918
Nov 201805,19052.934.24$21,991
Oct 201805,29261.443.40$17,983
Sep 201805,26759.543.11$16,370
Aug 20181865,63059.403.07$28,313
Jul 201804,43265.142.93$12,994
Jun 201804,78260.183.08$14,714
May 201805,51865.382.90$16,007
Apr 201804,61763.842.90$13,393
Mar 20181866,31461.222.79$28,983
Feb 201808,37061.782.77$23,152
Jan 201806,75962.874.01$27,099
Dec 201706,77557.272.92$19,793
Nov 20171887,90055.423.12$35,054
Oct 201706,60349.292.98$19,701
Sep 201707,48747.523.09$23,114
Aug 201706,76345.373.00$20,319
Jul 20171896,16543.873.09$27,325
Jun 201708,18142.493.09$25,257
May 201703,28745.373.26$10,727
Apr 201704,71947.933.21$15,156
Mar 20171777,35846.772.98$30,232
Feb 20171788,52250.452.95$34,142
Jan 2017010,81249.413.42$36,964
Dec 20163818,19148.763.72$49,071
Nov 201623,50742.492.64$9,359
Oct 201606,23546.193.09$19,268
Sep 201607,83241.553.10$24,284
Aug 20161837,75541.442.92$30,262
Jul 201608,09041.622.92$23,658
Jun 201605,33545.352.69$14,329
May 20161836,81942.521.99$21,358
Apr 20161937,92636.561.99$22,837
Mar 2016011,67133.011.79$20,938
Feb 20161878,48026.472.06$22,449
Jan 2016426,31227.352.36$16,073
Dec 201519110,04532.362.00$26,285
Nov 201518910,23038.792.17$29,503
Oct 201518911,76543.552.43$36,780
Sep 2015013,34442.992.76$36,808
Aug 201518713,84640.162.87$47,282
Jul 201517214,52048.152.95$51,044
Jun 201519015,47556.152.88$55,281
May 201536317,26055.212.96$71,052
Apr 2015011,45849.822.71$31,012
Mar 20151905,13042.892.93$23,204
Feb 201519111,92944.662.98$44,033
Jan 201519415,82143.433.10$57,480
Dec 201418916,56054.693.59$69,809
Nov 201419215,40070.464.25$79,007
Oct 201436718,63778.303.90$101,438
Sep 201418219,14986.164.05$93,147
Aug 201435820,97789.394.04$116,646
Jul 2014020,20596.564.18$84,449
Jun 201419719,33298.164.74$110,911
May 201437617,87294.734.73$120,092
Apr 201417718,40795.944.81$105,503
Mar 201435824,51695.895.06$158,301
Feb 20141809,55997.406.19$76,721
Jan 2014014,68090.404.86$71,355
Dec 201318216,81491.824.35$89,927
Nov 201336016,80888.853.74$94,819
Oct 201317419,18597.423.78$89,458
Sep 201335316,587104.113.72$98,417
Aug 201317616,957104.253.52$78,081
Jul 201334317,915102.523.72$101,768
Jun 201317814,46194.403.93$73,684
May 201335619,87994.834.15$116,239
Apr 201353620,77793.964.28$139,342
Mar 201317923,85093.623.91$110,080
Feb 201317424,73791.233.42$100,472
Jan 201336024,66391.603.42$117,321
Dec 201255118,54486.773.42$111,234
Nov 201235420,15386.953.62$103,834
Oct 201217821,42089.383.40$88,731
Sep 201218218,27894.672.92$70,572
Aug 201235221,32492.662.91$94,630
Jul 201235322,31585.133.02$97,460
Jun 201235422,55379.822.52$85,068
May 201271024,46691.612.49$125,922
Apr 201233624,365101.652.00$82,806
Mar 201235726,209105.052.22$95,741
Feb 201235924,779101.102.57$99,983
Jan 201253926,90898.092.73$126,439
Dec 2011025,66496.873.24$83,145
Nov 201136229,11395.723.31$131,052
Oct 201153430,32184.983.65$156,007
Sep 201134329,33983.623.99$145,621
Aug 201171031,30683.404.15$189,113
Jul 201134532,79394.144.52$180,612
Jun 201170233,36792.904.64$220,035
May 2011035,71898.134.40$157,331
Apr 201181736,538105.964.33$244,899
Mar 201153339,55896.364.06$211,860
Feb 201153837,14685.644.18$201,344
Jan 201169042,98386.504.59$256,925
Dec 201035645,12085.734.35$226,690
Nov 201053246,27880.843.80$218,647
Oct 201072650,84078.103.51$235,093
Sep 201054441,20372.633.98$203,477
Aug 201053133,86373.684.42$188,777
Jul 201068440,36472.554.74$240,808
Jun 201052940,76670.364.91$237,398
May 201071150,39271.124.24$263,988
Apr 201071451,11781.694.12$269,066
Mar 201090951,87578.394.39$298,919
Feb 201090458,27873.585.44$383,686
Jan 20101,19183,59574.365.96$587,131
Dec 20091,59797,44771.445.48$648,465
Nov 20091,44171,02374.593.75$373,927
Oct 20092,327116,58672.544.11$647,998
Sep 20092,964173,74265.543.06$726,736
Aug 20094,338229,25767.423.22$1,030,332
Jul 20095,598301,47361.133.46$1,386,659
Jun 20096,632309,29366.163.90$1,643,469
May 20090054.743.93$0

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             0 bbl  × $106.41 =         $0
Gas                7,889 Mcf  × $  3.05 =    $24,029

────────────────────────────────────────────────────
Month total                                  $24,029

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. 02/G/250898 is the state's own key, not one this site invented.