BUFFALO RANCH

Name: BUFFALO RANCH lease production and value, Sep 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DOUGLAS PETROLEUM INC. (P-5 227401) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22198District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$647 k

Sep 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

175

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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.

Stream	Basis	Volume	Value
Oil	Disposition	28,337 bbl	$438,988
Casinghead gas	Production	391,803 Mcf	$207,576
Total			$646,563

302,750 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.5066, -96.4081. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50655, -96.40807 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,493 ft

1 wells filed one

Completion to plug

2.3 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 11,493 ft.

Completions filed

Aug 1998

1 of 1 wells

Plug dates filed

Nov 2000

1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05133380	1	11,493 ft	Aug 1998	Nov 2000	Yes

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 (175)

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

175 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	275	0	26.88	9.12	$7,392
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	92	395	31.23	5.15	$4,906
Sep 2000	0	421	31.87	5.19	$2,184
Aug 2000	0	342	29.64	4.54	$1,553
Jul 2000	195	1,278	28.53	4.09	$10,790
Jun 2000	0	447	29.30	4.40	$1,966
May 2000	185	1,249	27.26	3.68	$9,639
Apr 2000	0	1,108	24.51	3.12	$3,453
Mar 2000	0	238	28.42	2.86	$681
Feb 2000	175	1,492	27.62	2.73	$8,901
Jan 2000	0	1,817	25.27	2.48	$4,507
Dec 1999	180	1,010	24.28	2.42	$6,818
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	138	0	20.98	2.80	$2,895
Sep 1999	0	62	21.75	2.62	$162
Aug 1999	3	1,058	19.26	2.88	$3,100
Jul 1999	332	1,792	17.89	2.37	$10,191
Jun 1999	2	2,275	15.94	2.36	$5,406
May 1999	167	1,859	15.79	2.32	$6,952
Apr 1999	178	2,090	15.10	2.21	$7,303
Mar 1999	190	2,464	12.47	1.84	$6,899
Feb 1999	200	2,448	9.98	1.82	$6,446
Jan 1999	331	3,110	10.38	1.90	$9,345
Dec 1998	198	3,549	9.20	1.77	$8,115
Nov 1998	359	4,530	10.89	2.19	$13,811
Oct 1998	370	5,625	12.42	1.97	$15,672
Sep 1998	528	9,270	12.59	2.08	$25,953
Aug 1998	538	9,839	11.30	1.91	$24,846
Jul 1998	165	1,423	11.74	2.24	$5,121
Jun 1998	181	1,236	11.24	2.24	$4,800
May 1998	2	613	12.62	2.21	$1,378
Apr 1998	192	1,175	13.04	2.51	$5,447
Mar 1998	191	1,366	12.80	2.31	$5,600
Feb 1998	3	808	13.95	2.30	$1,900
Jan 1998	194	1,457	14.70	2.15	$5,991
Dec 1997	193	1,867	16.32	2.41	$7,651
Nov 1997	5	1,599	18.19	3.09	$5,029
Oct 1997	185	1,755	19.25	3.15	$9,089
Sep 1997	0	1,268	17.74	2.95	$3,747
Aug 1997	184	1,584	17.86	2.55	$7,333
Jul 1997	182	1,525	17.58	2.25	$6,626
Jun 1997	3	1,964	17.24	2.26	$4,485
May 1997	172	1,657	18.97	2.31	$7,088
Apr 1997	185	1,343	17.88	2.08	$6,105
Mar 1997	0	2,176	18.95	1.94	$4,220
Feb 1997	192	2,107	20.49	2.21	$8,582
Jan 1997	6	2,361	23.48	3.54	$8,498
Dec 1996	183	1,874	23.32	—	$4,268
Nov 1996	5	1,913	21.97	—	$110
Oct 1996	167	1,803	23.31	—	$3,893
Sep 1996	188	2,132	22.22	—	$4,177
Aug 1996	0	2,885	20.26	—	$0
Jul 1996	74	3,293	19.55	—	$1,447
Jun 1996	114	2,974	18.73	—	$2,135
May 1996	187	2,467	19.43	—	$3,633
Apr 1996	2	2,473	21.51	—	$43
Mar 1996	141	2,967	19.38	—	$2,733
Feb 1996	161	3,498	16.98	—	$2,734
Jan 1996	187	3,347	17.07	—	$3,192
Dec 1995	184	2,756	17.19	—	$3,163
Nov 1995	189	2,742	16.00	—	$3,024
Oct 1995	192	4,223	15.43	—	$2,963
Sep 1995	274	7,094	16.18	—	$4,433
Aug 1995	315	7,068	15.92	—	$5,015
Jul 1995	352	7,813	15.24	—	$5,364
Jun 1995	526	9,458	16.41	—	$8,632
May 1995	540	9,341	17.56	—	$9,482
Apr 1995	531	8,141	17.73	—	$9,415
Mar 1995	360	6,737	16.44	—	$5,918
Feb 1995	191	5,198	16.58	—	$3,167
Jan 1995	364	4,962	15.92	—	$5,795
Dec 1994	203	6,278	15.03	—	$3,051
Nov 1994	355	5,586	15.90	—	$5,645
Oct 1994	188	4,792	15.58	—	$2,929
Sep 1994	358	6,001	15.29	—	$5,474
Aug 1994	184	6,770	16.13	—	$2,968
Jul 1994	371	7,340	17.56	—	$6,515
Jun 1994	530	9,509	17.09	—	$9,058
May 1994	365	11,211	15.88	—	$5,796
Apr 1994	739	11,746	14.14	—	$10,449
Mar 1994	1,319	17,759	12.46	—	$16,435
Feb 1994	1,131	11,119	12.50	—	$14,138
Jan 1994	745	7,384	12.66	—	$9,432
Dec 1993	1,085	15,540	12.33	—	$13,378
Nov 1993	1,634	19,171	14.49	—	$23,677
Oct 1993	1,977	25,082	15.85	—	$31,335
Sep 1993	4,855	30,303	15.03	—	$72,971

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.

Dec 2000 — as filed, then multipliedworked

Oil                  275 bbl  × $ 26.88 =     $7,392
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $7,392

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/O/22198 is the state's own key, not one this site invented.