BUCKHORN UNIT

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23228District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$3.6 M
Apr 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
350
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 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
OilDisposition77,634 bbl$3,352,602
Casinghead gasProduction56,345 Mcf$261,842
Total$3,614,444

Every month this lease reported (350)

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

350 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021178079.795.71$14,203
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020177038.772.71$6,862
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020174039.982.39$6,957
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020170014.751.80$2,508
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019115059.012.30$6,786
Nov 201901155.302.75$30
Oct 201907653.472.42$184
Sep 20191786355.052.66$9,966
Aug 201905853.112.30$134
Jul 201906656.272.46$162
Jun 20191668152.782.49$8,963
May 201905958.482.74$162
Apr 201907762.632.75$212
Mar 20191697256.803.06$9,820
Feb 201905650.852.79$156
Jan 201908446.033.23$271
Dec 20181608346.594.19$7,802
Nov 201808052.934.24$339
Oct 201808361.443.40$282
Sep 20181537759.543.11$9,349
Aug 201808059.403.07$245
Jul 201807965.142.93$232
Jun 20181648160.183.08$10,119
May 201808265.382.90$238
Apr 201809763.842.90$281
Mar 20181679361.222.79$10,483
Feb 201807961.782.77$219
Jan 20181808462.874.01$11,653
Dec 201708757.272.92$254
Nov 201708955.423.12$278
Oct 20171778849.292.98$8,987
Sep 201708647.523.09$266
Aug 201708945.373.00$267
Jul 20171738443.873.09$7,849
Jun 201708742.493.09$269
May 2017010145.373.26$330
Apr 20171839747.933.21$9,083
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017169049.413.42$8,350
Dec 201616548.763.72$291
Nov 20161856542.492.64$8,033
Oct 201609046.193.09$278
Sep 2016011141.553.10$344
Aug 20161837341.442.92$7,797
Jul 201604141.622.92$120
Jun 201607845.352.69$209
May 20161886542.521.99$8,123
Apr 201606936.561.99$137
Mar 201607333.011.79$131
Feb 20161748326.472.06$4,777
Jan 201617627.352.36$207
Dec 201518432.362.00$200
Nov 20151778938.792.17$7,059
Oct 201519043.552.43$262
Sep 20151529442.992.76$6,794
Aug 201508740.162.87$250
Jul 201516610048.152.95$8,287
Jun 2015010256.152.88$294
May 201517411055.212.96$9,932
Apr 2015514649.822.71$644
Mar 201518913442.892.93$8,499
Feb 201501744.662.98$51
Jan 201502443.433.10$74
Dec 201401554.693.59$54
Nov 20141826070.464.25$13,079
Oct 201419578.303.90$449
Sep 201419286.164.05$458
Aug 20141518589.394.04$13,841
Jul 201418611196.564.18$18,424
Jun 2014114198.164.74$766
May 2014013494.734.73$633
Apr 201419313295.944.81$19,151
Mar 2014013295.895.06$668
Feb 201405797.406.19$353
Jan 20141832890.404.86$16,679
Dec 201303291.824.35$139
Nov 20131869088.853.74$16,863
Oct 2013012497.423.78$469
Sep 2013185120104.113.72$19,706
Aug 20130115104.253.52$405
Jul 2013183140102.523.72$19,282
Jun 2013015494.403.93$606
May 2013015594.834.15$643
Apr 201317615593.964.28$17,201
Mar 201319615593.623.91$18,956
Feb 2013015591.233.42$530
Jan 201319420591.603.42$18,471
Dec 2012014286.773.42$486
Nov 201218015086.953.62$16,195
Oct 2012014989.383.40$507
Sep 201218710994.672.92$18,021
Aug 2012016292.662.91$471
Jul 201218029785.133.02$16,221
Jun 201218918879.822.52$15,560
May 2012018091.612.49$448
Apr 2012182177101.652.00$18,854
Mar 2012363192105.052.22$38,560
Feb 20120192101.102.57$493
Jan 201234418798.092.73$34,254
Dec 201119215396.873.24$19,095
Nov 201114795.723.31$251
Oct 201118717884.983.65$16,541
Sep 201119317083.623.99$16,816
Aug 2011017483.404.15$722
Jul 201118318594.144.52$18,063
Jun 2011021792.904.64$1,007
May 201118325598.134.40$19,081
Apr 2011187255105.964.33$20,920
Mar 201138235396.364.06$38,242
Feb 201119120585.644.18$17,214
Jan 201118424586.504.59$17,040
Dec 201036419585.734.35$32,054
Nov 201037420780.843.80$31,020
Oct 201017821578.103.51$14,656
Sep 201037923172.633.98$28,446
Aug 201017522373.684.42$13,880
Jul 201018224072.554.74$14,341
Jun 201018823770.364.91$14,391
May 201036022671.124.24$26,560
Apr 201018221881.694.12$15,766
Mar 201037231378.394.39$30,535
Feb 201018028673.585.44$14,801
Jan 201037130474.365.96$29,401
Dec 200918433071.445.48$14,955
Nov 200936932274.593.75$28,732
Oct 200936632072.544.11$27,865
Sep 200919336265.543.06$13,759
Aug 200935944967.423.22$25,649
Jul 200938047461.133.46$24,872
Jun 200919832166.163.90$14,350
May 200939547354.743.93$23,479
Apr 200936744546.773.59$18,761
Mar 200939248542.144.06$18,488
Feb 200918143932.814.63$7,973
Jan 200936149635.865.37$15,609
Dec 200837446337.105.98$16,643
Nov 200858349055.496.86$35,712
Oct 200819938775.246.92$17,652
Sep 2008565305101.767.88$59,897
Aug 2008393561114.228.48$49,647
Jul 2008577551131.0811.39$81,909
Jun 2008396298131.3313.03$55,890
May 2008572534123.1711.57$76,634
Apr 2008596606110.3110.45$72,080
Mar 20089911,102101.909.66$111,633
Feb 20081,17390192.538.77$116,440
Jan 200838618890.388.21$36,429
Dec 20071814388.337.30$16,302
Nov 200720620991.677.29$20,408
Oct 2007018782.856.92$1,294
Sep 200718722275.846.24$15,568
Aug 200738923269.066.39$28,346
Jul 200719623270.906.39$15,378
Jun 200719921262.007.55$13,938
May 200716823158.747.85$11,681
Apr 200720321759.617.81$13,795
Mar 200720621456.927.30$13,288
Feb 2007019355.108.22$1,586
Jan 200719921950.306.73$11,483
Dec 200619522856.656.92$12,624
Nov 200637924554.207.62$22,408
Oct 200618127754.906.01$11,603
Sep 200618726960.085.04$12,590
Aug 200637128468.717.34$27,576
Jul 200617728769.376.34$14,099
Jun 200638426266.286.38$27,124
May 200618729566.016.42$14,239
Apr 200637828764.397.36$26,452
Mar 200618130756.707.08$12,437
Feb 200637220357.597.75$22,997
Jan 200637521960.598.93$24,678
Dec 200518520754.9413.42$12,941
Nov 200517614454.6910.59$11,150
Oct 200535518958.3413.80$23,318
Sep 200519114961.4512.08$13,537
Aug 200518819161.519.80$13,435
Jul 200518819255.697.84$11,976
Jun 200535817552.337.38$20,026
May 20051918445.226.65$9,196
Apr 200518716449.207.36$10,408
Mar 200536912850.377.15$19,502
Feb 200517814145.226.31$8,939
Jan 200537114443.166.32$16,923
Dec 200418918239.866.75$8,762
Nov 200468637245.286.33$33,417
Oct 20041873849.706.52$9,541
Sep 200418112743.245.28$8,498
Aug 200437813742.375.55$16,776
Jul 200417815138.286.08$7,733
Jun 200438115636.106.43$14,758
May 200417212937.486.49$7,284
Apr 200434610034.475.86$12,512
Mar 200417510334.365.53$6,583
Feb 20043417132.455.51$11,457
Jan 20043518532.036.30$11,778
Dec 200335711230.266.30$11,509
Nov 200356924828.804.60$17,527
Oct 200316217228.174.76$5,382
Sep 200337612126.314.75$10,467
Aug 200318614429.765.13$6,274
Jul 200338315829.415.17$12,081
Jun 200318814328.565.98$6,225
May 200336014426.595.97$10,432
Apr 200333912326.675.41$9,706
Mar 200318611431.146.10$6,487
Feb 200335210133.487.93$12,585
Jan 20033658130.315.58$11,515
Dec 20021709926.914.85$5,055
Nov 200234312224.664.14$8,963
Oct 200234015526.464.23$9,652
Sep 200234716827.443.64$10,132
Aug 200235416925.963.16$9,725
Jul 200235014724.583.06$9,053
Jun 20023549623.733.34$8,721
May 200235815824.663.58$9,395
Apr 200236515223.653.51$9,166
Mar 2002014622.003.10$453
Feb 200235712918.222.38$6,811
Jan 200235410117.172.38$6,318
Dec 200135910716.932.36$6,331
Nov 200136312218.072.41$6,853
Oct 200136013019.782.53$7,450
Sep 200118015324.262.25$4,711
Aug 200135516624.873.05$9,336
Jul 200171517723.933.20$17,676
Jun 200135416424.563.82$9,321
May 200135515425.524.31$9,723
Apr 200135813824.685.34$9,572
Mar 200136012924.545.38$9,528
Feb 200136314427.755.77$10,904
Jan 200135019727.478.40$11,269
Dec 200052814026.889.12$15,470
Nov 200019113532.215.66$6,916
Oct 200036414631.235.15$12,119
Sep 200051214031.875.19$17,044
Aug 200016910429.644.54$5,481
Jul 200032119428.534.09$9,952
Jun 200051120329.304.40$15,865
May 200035717327.263.68$10,368
Apr 200036019024.513.12$9,416
Mar 200035915428.422.86$10,643
Feb 200008227.622.73$224
Jan 200036316025.272.48$9,570
Dec 199935824324.282.42$9,281
Nov 199934625123.192.43$8,635
Oct 199935426220.982.80$8,161
Sep 199917527821.752.62$4,534
Aug 199954230219.262.88$11,307
Jul 199935329717.892.37$7,020
Jun 199935828615.942.36$6,382
May 199936026315.792.32$6,295
Apr 199917428415.102.21$3,254
Mar 199937030112.471.84$5,167
Feb 19993672869.981.82$4,183
Jan 199954929910.381.90$6,267
Dec 19983602969.201.77$3,837
Nov 199836432710.892.19$4,679
Oct 199853236512.421.97$7,326
Sep 199851032012.592.08$7,087
Aug 199835516111.301.91$4,319
Jul 19985396411.742.24$6,471
Jun 19981,41140011.242.24$16,755
May 19981,08936112.622.21$14,540
Apr 199818020813.042.51$2,868
Mar 199835722612.802.31$5,092
Feb 199871913913.952.30$10,350
Jan 199872129314.702.15$11,230
Dec 199718113416.322.41$3,277
Nov 199717820618.193.09$3,874
Oct 199753229019.253.15$11,154
Sep 199771051317.742.95$14,111
Aug 199735540817.862.55$7,383
Jul 199788974617.582.25$17,305
Jun 19971,4261,01817.242.26$26,882
May 19972,5471,49818.972.31$51,775
Apr 19977,5173,06617.882.08$140,790

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 2021 — as filed, then multipliedworked
Oil                  178 bbl  × $ 79.79 =    $14,203
Casinghead gas         0 Mcf  × $  5.71 =         $0

────────────────────────────────────────────────────
Month total                                  $14,203

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/23228 is the state's own key, not one this site invented.