BUTAUD E

Operated by APACHE CORPORATION (P-5 27200) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251250District 03Field 34733600CondensateGasSaveExport
Value, all time
$8.5 M
Feb 2009 – Dec 2018
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
119
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
CondensateDisposition17,650 bbl$1,286,593
GasProduction1,788,237 Mcf$7,220,464
Total$8,507,057

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 30.6618, -96.0286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66183, -96.02858 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,000 ft
1 wells filed one
Completion to plug
3.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 15,000 ft.

Completions filed
Jul 2017
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530729115,000 ftJul 2017Apr 2021Yes

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 (119)

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

119 months

Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018129061.443.40$7,926
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017017043.873.09$525
Jun 2017018842.493.09$580
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201603545.352.69$94
May 20160042.521.99$0
Apr 20160136.561.99$2
Mar 201603,16733.011.79$5,682
Feb 201605,57526.472.06$11,505
Jan 201602,12227.352.36$5,017
Dec 2015642,87732.362.00$7,829
Nov 20151914,68938.792.17$17,572
Oct 201507,54543.552.43$18,309
Sep 201505,76842.992.76$15,911
Aug 201509,71640.162.87$27,909
Jul 201502,67348.152.95$7,872
Jun 20151683,71256.152.88$20,134
May 201504,61855.212.96$13,648
Apr 201504,88649.822.71$13,224
Mar 201501,31342.892.93$3,853
Feb 201505,33244.662.98$15,869
Jan 20151775,28143.433.10$24,062
Dec 201403,73854.693.59$13,425
Nov 201402,71370.464.25$11,535
Oct 201405,33478.303.90$20,808
Sep 20141837,34786.164.05$45,489
Aug 201403,44989.394.04$13,917
Jul 201404,31796.564.18$18,043
Jun 201405,81898.164.74$27,559
May 20141829,31594.734.73$61,269
Apr 201404,82395.944.81$23,194
Mar 201405,27495.895.06$26,670
Feb 201403,30997.406.19$20,489
Jan 20141866,69190.404.86$49,337
Dec 201307,45891.824.35$32,476
Nov 201307,85688.853.74$29,368
Oct 20131818,40997.423.78$49,414
Sep 201307,903104.113.72$29,381
Aug 201305,522104.253.52$19,452
Jul 20131736,889102.523.72$43,347
Jun 201304,95894.403.93$19,502
May 201305,08694.834.15$21,102
Apr 20131796,44693.964.28$44,424
Mar 201305,65193.623.91$22,112
Feb 201304,51491.233.42$15,437
Jan 201318010,31491.603.42$51,761
Dec 201209,27586.773.42$31,722
Nov 201204,38786.953.62$15,903
Oct 201217810,27689.383.40$50,845
Sep 201208,91594.672.92$26,018
Aug 20121819,59792.662.91$44,681
Jul 201209,69385.133.02$29,281
Jun 201217610,48879.822.52$40,468
May 201218310,48791.612.49$42,860
Apr 2012010,931101.652.00$21,827
Mar 201213912,699105.052.22$42,820
Feb 2012012,393101.102.57$31,853
Jan 201217815,35698.092.73$59,445
Dec 201116916,04296.873.24$68,343
Nov 201117218,52095.723.31$77,789
Oct 2011020,10584.983.65$73,354
Sep 20111678,62383.623.99$48,334
Aug 201117316,88883.404.15$84,502
Jul 201117818,40194.144.52$99,879
Jun 201118119,46292.904.64$107,116
May 201118421,21098.134.40$111,482
Apr 201118821,370105.964.33$112,523
Mar 2011023,60496.364.06$95,769
Feb 201118220,94885.644.18$103,149
Jan 201115925,58586.504.59$131,157
Dec 201018826,55185.734.35$131,554
Nov 201017828,55280.843.80$122,754
Oct 201036934,31378.103.51$149,219
Sep 201018338,54172.633.98$166,664
Aug 201036656,63573.684.42$277,257
Jul 201037664,74072.554.74$333,919
Jun 201036962,81770.364.91$334,419
May 201071763,97571.124.24$321,941
Apr 201036362,47281.694.12$287,206
Mar 201054664,73678.394.39$326,906
Feb 201055356,40373.585.44$347,655
Jan 201070165,72374.365.96$444,104
Dec 200972367,09571.445.48$419,583
Nov 200973862,41674.593.75$289,201
Oct 200991466,67772.544.11$340,361
Sep 200973267,43165.543.06$254,634
Aug 200990166,60167.423.22$275,101
Jul 20091,07668,24961.133.46$302,225
Jun 200990562,45366.163.90$303,129
May 200991063,90254.743.93$300,677
Apr 20091,06169,87446.773.59$300,296
Mar 200902442.144.06$97
Feb 20090032.814.63$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.

Oct 2018 — as filed, then multipliedworked
Condensate           129 bbl  × $ 61.44 =     $7,926
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $7,926

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. 03/G/251250 is the state's own key, not one this site invented.