BUCKLEY

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the GULF TERRACE (YEGUA EY-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 272230District 03Field 37400400CondensateGasSaveExport
Value, all time
$11.9 M
Jan 2014 – Apr 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
76
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
2012-01-13
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 10/01/2014.

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
CondensateDisposition158,943 bbl$8,488,757
GasProduction1,078,428 Mcf$3,388,951
Total$11,877,708

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 30.0779, -94.2196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.07791, -94.21956 · 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
14,704 ft
1 wells filed one
Completion to plug
6.3 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 14,704 ft.

Completions filed
Jan 2014
1 of 1 wells
Plug dates filed
Apr 2020
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24532622114,704 ftJan 2014Apr 2020Yes

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 (76)

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

76 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018100061.443.40$6,144
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 20186442,87263.842.90$49,444
Mar 20181,55310,98961.222.79$125,699
Feb 20181,4039,45861.782.77$112,839
Jan 20181,95513,20862.874.01$175,866
Dec 20172,55317,97457.272.92$198,722
Nov 20172,77619,97155.423.12$216,123
Oct 20172,73322,30249.292.98$201,252
Sep 20172,56819,18547.523.09$181,261
Aug 20172,38118,72245.373.00$164,274
Jul 20172,92222,52543.873.09$197,729
Jun 20173,13723,82642.493.09$206,849
May 20173,37127,07145.373.26$241,286
Apr 20173,85826,96147.933.21$271,502
Mar 20174,06329,51046.772.98$278,075
Feb 20173,92729,39650.452.95$284,912
Jan 20173,52524,28849.413.42$257,206
Dec 20163,53025,61148.763.72$267,468
Nov 20163,33524,39342.492.64$206,208
Oct 20163,45324,69946.193.09$235,820
Sep 20162,92414,30241.553.10$165,837
Aug 20163,30722,23241.442.92$202,056
Jul 20163,45123,67541.622.92$212,864
Jun 20163,02823,20345.352.69$199,639
May 20163,32823,49142.521.99$188,278
Apr 20163,34022,62536.561.99$167,158
Mar 20163,05622,14433.011.79$140,605
Feb 20163,23520,28026.472.06$127,481
Jan 20163,41421,61727.352.36$144,483
Dec 20153,56722,05732.362.00$159,573
Nov 20153,31723,04338.792.17$178,608
Oct 20153,72023,69943.552.43$219,514
Sep 20153,40723,38942.992.76$210,984
Aug 20153,88724,79540.162.87$227,325
Jul 20154,19226,54348.152.95$280,016
Jun 20153,95026,54556.152.88$298,318
May 20154,32328,43655.212.96$322,714
Apr 20154,06628,78449.822.71$280,474
Mar 20154,20429,28142.892.93$266,241
Feb 20153,50721,79744.662.98$221,495
Jan 20153,39721,87143.433.10$215,346
Dec 20142,23914,16754.693.59$173,330
Nov 20142,77415,81370.464.25$262,690
Oct 20141,75712,08078.303.90$184,697
Sep 20142,82318,15286.164.05$316,663
Aug 20142,73418,35889.394.04$318,469
Jul 20142,76518,09596.564.18$342,618
Jun 20142,77118,50798.164.74$359,667
May 20143,14119,67194.734.73$390,523
Apr 20142,39315,76295.944.81$305,386
Mar 20142,83816,22695.895.06$354,187
Feb 20143,69719,84997.406.19$482,993
Jan 20146044,97890.404.86$78,798

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           100 bbl  × $ 61.44 =     $6,144
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                   $6,144

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/272230 is the state's own key, not one this site invented.