BUCHANAN, S. R., POOLED

Operated by BLUE OWL ENERGY LLC (P-5 100663) in the BATSON OLD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 240District 03Field 06129001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
401
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 60 leases and 588 wells, and the rule below applies to all of them.

Discovered
1903-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A SALT DOME FIELD. EXEMPT FROM FIELD RULES

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
OilDisposition135,394 bbl$7,387,259
Casinghead gasProduction40 Mcf$0
Total$7,387,259

40 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 (43)

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 30.2668, -94.6208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 1 well has no surveyed location and is left out of it.

30.26906, -94.62180 · centre of 42 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
37.2%
16 of 43 wells
With a plug date
34.9%
15 of 43 wells
Median depth
1,607 ft
24 wells filed one
Completion to plug
39.7 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
1637.2%
A plug date is filed
1534.9%
BothOn the schedule and plugged. Neither fact cancels the other.
1534.9%
NeitherNo plug date, and not on the schedule.
2762.8%

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

Total depth in feet, 24 of 43 wells. Median 1,607 ft, with the middle half between 1,173 and 1,828 ft; the shallowest is 700 ft and the deepest 2,475 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 14 of 43 wells, Feb 1962 – Nov 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1962 – Nov 2020
14 of 43 wells; 29 filed none
Plug dates filed
Aug 1966 – Jul 2014
15 of 43 wells; 28 filed none

Last completion to plug: a median of 39.7 years across the 4 wells that filed both dates, with the middle half between 37.6 years and 41.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

43 wells

42-19901156131,995 ftAug 2002Yes
42-199011582A1,670 ftJul 2001Yes
42-199011593A1,214 ftMar 2007Yes
42-199032671B2,475 ftFeb 1968Yes
42-199032792B1,889 ftAug 1966Yes
42-199032804B2,472 ftJul 2014Yes
42-1993003810B1,807 ftMay 1999Yes
42-199801981Yes
42-19980205111,560 ftApr 2007Yes
42-19980213129808 ftMay 1999Yes
42-19980215131845 ftFeb 1971Yes
42-1998178018Apr 1990Yes
42-1990321314
42-199033975B
42-1990341815
42-199034446
42-1990348326
42-199034977
42-199802014
42-199802025
42-19980211109
42-19980212127
42-19980214130
42-19980216132
42-19980217133
42-19980218134
42-19980219139
42-19980220141
42-19980221143
42-199336251451,250 ftNov 2020
42-199329543700 ftJun 2005
42-19930154281,651 ftSep 1970
42-19903457251,610 ftApr 1967
42-19903445201,700 ftMar 1967Apr 2007Yes
42-19903443172,024 ftFeb 1967Oct 1999Yes
42-19903201221,497 ftJan 1965
42-19903202231,718 ftNov 1964
42-19903133211,246 ftOct 1964
42-19903132191,007 ftJun 1964
42-1990313116713 ftJun 1964Mar 2010Yes
42-19903607102,021 ftJan 1964
42-1990352491,604 ftJul 1963
42-199011571A1,050 ftFeb 1962May 2001Yes

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 (401)

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

401 months

May 20263050106.413.05$32,455
Apr 2026150098.932.87$14,840
Mar 2026305089.753.15$27,374
Feb 2026324063.503.75$20,574
Jan 2026311059.138.00$18,389
Dec 2025311056.664.41$17,621
Nov 2025152058.593.93$8,906
Oct 2025302059.383.30$17,933
Sep 2025154062.743.08$9,662
Aug 2025314063.933.01$20,074
Jul 2025311066.743.32$20,756
Jun 2025315066.483.13$20,941
May 20250060.553.23$0
Apr 2025307062.363.54$19,145
Mar 2025158067.704.27$10,697
Feb 2025315070.884.34$22,327
Jan 2025156074.324.28$11,594
Dec 2024308068.993.12$21,249
Nov 2024309069.052.20$21,336
Oct 2024486071.372.28$34,686
Sep 2024159069.612.36$11,068
Aug 2024151075.632.06$11,420
Jul 2024154079.932.15$12,309
Jun 2024312078.082.63$24,361
May 2024152078.812.20$11,979
Apr 2024312084.451.66$26,348
Mar 2024158080.301.55$12,687
Feb 2024302076.091.78$22,979
Jan 2024303073.023.30$22,125
Dec 2023151071.262.61$10,760
Nov 2023155077.892.81$12,073
Oct 2023153085.443.09$13,072
Sep 2023320089.042.74$28,493
Aug 2023480080.522.67$38,650
Jul 2023153074.852.64$11,452
Jun 20230068.962.26$0
May 2023156070.622.23$11,017
Apr 2023159078.122.24$12,421
Mar 2023311072.852.39$22,656
Feb 2023307075.112.47$23,059
Jan 2023151076.533.39$11,556
Dec 2022323076.415.73$24,680
Nov 2022157085.005.65$13,345
Oct 2022461087.185.86$40,190
Sep 2022300084.888.16$25,464
Aug 2022334094.529.13$31,570
Jul 20224570101.587.54$46,422
Jun 20223110115.097.98$35,793
May 20223090109.378.43$33,795
Apr 20224640104.226.84$48,358
Mar 20221530108.885.08$16,659
Feb 2022446091.054.86$40,608
Jan 2022456081.844.54$37,319
Dec 2021422071.323.90$30,097
Nov 2021157077.435.24$12,157
Oct 2021459079.795.71$36,624
Sep 2021478069.865.35$33,393
Aug 2021462066.024.22$30,501
Jul 2021543070.783.98$38,434
Jun 2021467069.493.38$32,452
May 2021471063.483.02$29,899
Apr 2021776060.362.76$46,839
Mar 2021479061.302.72$29,363
Feb 2021481057.805.55$27,802
Jan 2021323050.412.81$16,282
Dec 2020463044.642.68$20,668
Nov 2020454038.772.71$17,602
Oct 2020608036.972.48$22,478
Sep 2020615037.091.99$22,810
Aug 2020478039.982.39$19,110
Jul 2020468038.371.83$17,957
Jun 2020463034.901.69$16,159
May 2020305016.921.81$5,161
Apr 2020309014.751.80$4,558
Mar 2020152030.341.86$4,612
Feb 2020478049.881.98$23,843
Jan 2020312057.252.09$17,862
Dec 2019312059.012.30$18,411
Nov 2019454055.302.75$25,106
Oct 2019294053.472.42$15,720
Sep 2019307055.052.66$16,900
Aug 2019476053.112.30$25,280
Jul 2019504056.272.46$28,360
Jun 2019312052.782.49$16,467
May 2019330058.482.74$19,298
Apr 2019319062.632.75$19,979
Mar 2019336056.803.06$19,085
Feb 2019504050.852.79$25,628
Jan 2019313046.033.23$14,407
Dec 2018347046.594.19$16,167
Nov 2018322052.934.24$17,043
Oct 2018642061.443.40$39,444
Sep 2018500059.543.11$29,770
Aug 2018821059.403.07$48,767
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018162065.382.90$10,592
Apr 2018476063.842.90$30,388
Mar 2018486061.222.79$29,753
Feb 2018321061.782.77$19,831
Jan 2018321062.874.01$20,181
Dec 2017307057.272.92$17,582
Nov 2017330055.423.12$18,289
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017305043.873.09$13,380
Jun 2017304042.493.09$12,917
May 2017466045.373.26$21,142
Apr 2017313047.933.21$15,002
Mar 2017304046.772.98$14,218
Feb 2017304050.452.95$15,337
Jan 2017461049.413.42$22,778
Dec 2016310048.763.72$15,116
Nov 2016306042.492.64$13,002
Oct 2016306046.193.09$14,134
Sep 2016461041.553.10$19,155
Aug 2016304041.442.92$12,598
Jul 2016610041.622.92$25,388
Jun 2016589045.352.69$26,711
May 2016304042.521.99$12,926
Apr 2016456036.561.99$16,671
Mar 2016456033.011.79$15,053
Feb 2016456026.472.06$12,070
Jan 2016305027.352.36$8,342
Dec 2015459032.362.00$14,853
Nov 2015305038.792.17$11,831
Oct 2015309043.552.43$13,457
Sep 2015306042.992.76$13,155
Aug 2015432040.162.87$17,349
Jul 2015449048.152.95$21,619
Jun 2015613056.152.88$34,420
May 20150055.212.96$0
Apr 2015460049.822.71$22,917
Mar 2015598042.892.93$25,648
Feb 2015304044.662.98$13,577
Jan 2015153043.433.10$6,645
Dec 2014448054.693.59$24,501
Nov 2014457070.464.25$32,200
Oct 2014304078.303.90$23,803
Sep 2014452086.164.05$38,944
Aug 2014598089.394.04$53,455
Jul 2014610096.564.18$58,902
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014598095.895.06$57,342
Feb 2014150097.406.19$14,610
Jan 2014447090.404.86$40,409
Dec 2013146091.824.35$13,406
Nov 2013299088.853.74$26,566
Oct 2013446097.423.78$43,449
Sep 20133000104.113.72$31,233
Aug 20133000104.253.52$31,275
Jul 20134540102.523.72$46,544
Jun 2013455094.403.93$42,952
May 2013460094.834.15$43,622
Apr 2013297093.964.28$27,906
Mar 2013596093.623.91$55,798
Feb 2013141091.233.42$12,863
Jan 2013433091.603.42$39,663
Dec 2012435086.773.42$37,745
Nov 2012477086.953.62$41,475
Oct 2012456089.383.40$40,757
Sep 2012446094.672.92$42,223
Aug 2012893092.662.91$82,745
Jul 2012899085.133.02$76,532
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20125920101.652.00$60,177
Mar 20124570105.052.22$48,008
Feb 201200101.102.57$0
Jan 2012452098.092.73$44,337
Dec 2011448096.873.24$43,398
Nov 2011297095.723.31$28,429
Oct 2011457084.983.65$38,836
Sep 2011452083.623.99$37,796
Aug 2011445083.404.15$37,113
Jul 2011460094.144.52$43,304
Jun 2011460092.904.64$42,734
May 2011484098.134.40$47,495
Apr 20115950105.964.33$63,046
Mar 2011441096.364.06$42,495
Feb 2011151085.644.18$12,932
Jan 2011295086.504.59$25,518
Dec 2010456085.734.35$39,093
Nov 2010459080.843.80$37,106
Oct 2010142078.103.51$11,090
Sep 20100072.633.98$0
Aug 2010762073.684.42$56,144
Jul 2010165072.554.74$11,971
Jun 2010616070.364.91$43,342
May 20100071.124.24$0
Apr 2010462081.694.12$37,741
Mar 2010607078.394.39$47,583
Feb 20100073.585.44$0
Jan 2010449074.365.96$33,388
Dec 2009148071.445.48$10,573
Nov 2009302074.593.75$22,526
Oct 2009305072.544.11$22,125
Sep 2009305065.543.06$19,990
Aug 2009431067.423.22$29,058
Jul 2009302061.133.46$18,461
Jun 2009458066.163.90$30,301
May 2009455054.743.93$24,907
Apr 2009458046.773.59$21,421
Mar 2009453042.144.06$19,089
Feb 2009451032.814.63$14,797
Jan 2009448035.865.37$16,065
Dec 2008444037.105.98$16,472
Nov 2008154055.496.86$8,545
Oct 2008450075.246.92$33,858
Sep 20082960101.767.88$30,121
Aug 20084380114.228.48$50,028
Jul 20084600131.0811.39$60,297
Jun 20084520131.3313.03$59,361
May 20084370123.1711.57$53,825
Apr 20084480110.3110.45$49,419
Mar 20084440101.909.66$45,244
Feb 2008601092.538.77$55,611
Jan 2008297090.388.21$26,843
Dec 2007306088.337.30$27,029
Nov 2007454091.677.29$41,618
Oct 2007450082.856.92$37,283
Sep 2007447075.846.24$33,900
Aug 2007610069.066.39$42,127
Jul 2007453070.906.39$32,118
Jun 20071,365062.007.55$84,630
May 2007157058.747.85$9,222
Apr 20070059.617.81$0
Mar 2007459056.927.30$26,126
Feb 2007454055.108.22$25,015
Jan 2007609050.306.73$30,633
Dec 2006300056.656.92$16,995
Nov 2006435054.207.62$23,577
Oct 2006448054.906.01$24,595
Sep 2006465060.085.04$27,937
Aug 2006445068.717.34$30,576
Jul 2006446069.376.34$30,939
Jun 2006451066.286.38$29,892
May 2006602066.016.42$39,738
Apr 2006305064.397.36$19,639
Mar 2006655056.707.08$37,139
Feb 2006306057.597.75$17,623
Jan 2006433060.598.93$26,235
Dec 2005293054.9413.42$16,097
Nov 2005458054.6910.59$25,048
Oct 2005300058.3413.80$17,502
Sep 2005175061.4512.08$10,754
Aug 2005469061.519.80$28,848
Jul 2005298055.697.84$16,596
Jun 2005460052.337.38$24,072
May 2005336045.226.65$15,194
Apr 2005445049.207.36$21,894
Mar 2005456050.377.15$22,969
Feb 2005446045.226.31$20,168
Jan 2005149043.166.32$6,431
Dec 2004307039.866.75$12,237
Nov 2004314045.286.33$14,218
Oct 2004330049.706.52$16,401
Sep 2004442043.245.28$19,112
Aug 2004306042.375.55$12,965
Jul 2004317038.286.08$12,135
Jun 2004315036.106.43$11,372
May 2004318037.486.49$11,919
Apr 2004313034.475.86$10,789
Mar 2004450034.365.53$15,462
Feb 2004289032.455.51$9,378
Jan 2004276032.036.30$8,840
Dec 2003301030.266.30$9,108
Nov 2003267028.804.60$7,690
Oct 2003316028.174.76$8,902
Sep 2003328026.314.75$8,630
Aug 2003313029.765.13$9,315
Jul 2003162029.415.17$4,764
Jun 2003483028.565.98$13,794
May 2003182026.595.97$4,839
Apr 2003317026.675.41$8,454
Mar 2003338031.146.10$10,525
Feb 2003341033.487.93$11,417
Jan 2003161030.315.58$4,880
Dec 2002144026.914.85$3,875
Nov 2002147024.664.14$3,625
Oct 2002304026.464.23$8,044
Sep 2002313027.443.64$8,589
Aug 2002337025.963.16$8,749
Jul 2002323024.583.06$7,939
Jun 2002304023.733.34$7,214
May 2002295024.663.58$7,275
Apr 2002323023.653.51$7,639
Mar 2002323022.003.10$7,106
Feb 2002280018.222.38$5,102
Jan 2002161017.172.38$2,764
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001166019.782.53$3,283
Sep 20010024.262.25$0
Aug 2001148024.873.05$3,681
Jul 2001298023.933.20$7,131
Jun 2001304024.563.82$7,466
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001159027.755.77$4,412
Jan 2001171027.478.40$4,697
Dec 2000286026.889.12$7,688
Nov 2000508032.215.66$16,363
Oct 2000792031.235.15$24,734
Sep 2000315031.875.19$10,039
Aug 2000770029.644.54$22,823
Jul 2000456028.534.09$13,010
Jun 2000604029.304.40$17,697
May 2000639027.263.68$17,419
Apr 2000677024.513.12$16,593
Mar 2000941028.422.86$26,743
Feb 2000645027.622.73$17,815
Jan 2000846025.272.48$21,378
Dec 1999676024.282.42$16,413
Nov 1999686023.192.43$15,908
Oct 1999694020.982.80$14,560
Sep 1999706021.752.62$15,356
Aug 1999342019.262.88$6,587
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998326011.242.24$3,664
May 1998480012.622.21$6,058
Apr 1998504013.042.51$6,572
Mar 1998513012.802.31$6,566
Feb 1998323013.952.30$4,506
Jan 1998475014.702.15$6,983
Dec 1997478016.322.41$7,801
Nov 1997482018.193.09$8,768
Oct 1997652019.253.15$12,551
Sep 1997493017.742.95$8,746
Aug 19970017.862.55$0
Jul 1997170017.582.25$2,989
Jun 1997700017.242.26$12,068
May 1997342018.972.31$6,488
Apr 1997508017.882.08$9,083
Mar 1997540018.951.94$10,233
Feb 1997354020.492.21$7,253
Jan 1997359023.483.54$8,429
Dec 1996522023.32$12,173
Nov 1996336021.97$7,382
Oct 1996346023.31$8,065
Sep 1996335022.22$7,444
Aug 1996523020.26$10,596
Jul 19960019.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 199691121.51$1,957
Mar 19960019.38$0
Feb 199669116.98$1,172
Jan 1996185117.07$3,158
Dec 1995211117.19$3,627
Nov 1995184116.00$2,944
Oct 1995104115.43$1,605
Sep 1995186116.18$3,009
Aug 1995149115.92$2,372
Jul 1995200115.24$3,048
Jun 1995220116.41$3,610
May 1995170117.56$2,985
Apr 1995201117.73$3,564
Mar 1995312116.44$5,129
Feb 1995212116.58$3,515
Jan 1995311115.92$4,951
Dec 1994288115.03$4,329
Nov 1994239115.90$3,800
Oct 1994209115.58$3,256
Sep 1994521115.29$7,966
Aug 19940016.13$0
Jul 1994279117.56$4,899
Jun 1994276117.09$4,717
May 1994318115.88$5,050
Apr 1994284114.14$4,016
Mar 1994317112.46$3,950
Feb 1994243112.50$3,038
Jan 1994367112.66$4,646
Dec 1993271112.33$3,341
Nov 1993288114.49$4,173
Oct 1993344115.85$5,452
Sep 1993338115.03$5,080
Aug 1993339115.66$5,309
Jul 1993338115.46$5,225
Jun 1993289116.79$4,852
May 1993327117.68$5,781
Apr 1993314118.05$5,668
Mar 1993283118.14$5,134
Feb 1993316117.90$5,656
Jan 1993303116.93$5,130

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
Oil                  305 bbl  × $106.41 =    $32,455
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $32,455

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/240 is the state's own key, not one this site invented.