BUFFALO RANCH

Name: BUFFALO RANCH lease production and value, Dec 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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.

Oil lease lease 24016District 03Field 34733600OilCasinghead gasSave Export

Value, all time

$12.0 M

Dec 2000 – Sep 2022

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

262

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (BUDA) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	67,405 bbl	$2,155,313
Casinghead gas	Production	2,010,564 Mcf	$9,843,360
Total			$11,998,673

Wells on this lease (2)

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 30.5069, -96.3919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

30.50685, -96.39188 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

15,199 ft

2 wells filed one

Completion to plug

20.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 14,264 and 16,133 ft, median 15,199 ft, over the 2 wells that filed a depth.

Completions filed

Dec 2000 – Apr 2001

2 of 2 wells

Plug dates filed

Dec 2020 – Sep 2022

2 of 2 wells

Last completion to plug: a median of 20.8 years across the 2 wells that filed both dates, with the middle half between 20.3 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-05133417	2	16,133 ft	Apr 2001	Sep 2022	Yes
42-05133411	1	14,264 ft	Dec 2000	Dec 2020	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 (262)

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

262 months


Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	60	0	108.88	5.08	$6,533
Feb 2022	0	110	91.05	4.86	$534
Jan 2022	0	851	81.84	4.54	$3,862
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	10	77.43	5.24	$52
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	4	69.86	5.35	$21
Aug 2021	0	8	66.02	4.22	$34
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	3	69.49	3.38	$10
May 2021	0	8	63.48	3.02	$24
Apr 2021	0	5	60.36	2.76	$14
Mar 2021	0	4	61.30	2.72	$11
Feb 2021	0	4	57.80	5.55	$22
Jan 2021	0	6	50.41	2.81	$17
Dec 2020	0	6	44.64	2.68	$16
Nov 2020	0	6	38.77	2.71	$16
Oct 2020	0	13	36.97	2.48	$32
Sep 2020	0	2	37.09	1.99	$4
Aug 2020	0	1	39.98	2.39	$2
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	23	30.34	1.86	$43
Feb 2020	0	6	49.88	1.98	$12
Jan 2020	0	10	57.25	2.09	$21
Dec 2019	0	5	59.01	2.30	$12
Nov 2019	0	1	55.30	2.75	$3
Oct 2019	0	1	53.47	2.42	$2
Sep 2019	0	5	55.05	2.66	$13
Aug 2019	0	20	53.11	2.30	$46
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	2	52.78	2.49	$5
May 2019	0	57	58.48	2.74	$156
Apr 2019	0	21	62.63	2.75	$58
Mar 2019	0	32	56.80	3.06	$98
Feb 2019	0	82	50.85	2.79	$229
Jan 2019	0	30	46.03	3.23	$97
Dec 2018	0	38	46.59	4.19	$159
Nov 2018	0	19	52.93	4.24	$81
Oct 2018	0	76	61.44	3.40	$258
Sep 2018	0	4	59.54	3.11	$12
Aug 2018	0	48	59.40	3.07	$147
Jul 2018	0	5	65.14	2.93	$15
Jun 2018	0	64	60.18	3.08	$197
May 2018	0	28	65.38	2.90	$81
Apr 2018	0	31	63.84	2.90	$90
Mar 2018	0	67	61.22	2.79	$187
Feb 2018	0	66	61.78	2.77	$183
Jan 2018	0	73	62.87	4.01	$293
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	51	55.42	3.12	$159
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	98	0	45.37	3.00	$4,446
Jul 2017	0	59	43.87	3.09	$182
Jun 2017	0	62	42.49	3.09	$191
May 2017	0	60	45.37	3.26	$196
Apr 2017	0	48	47.93	3.21	$154
Mar 2017	0	83	46.77	2.98	$248
Feb 2017	0	21	50.45	2.95	$62
Jan 2017	0	62	49.41	3.42	$212
Dec 2016	0	49	48.76	3.72	$182
Nov 2016	184	79	42.49	2.64	$8,027
Oct 2016	0	186	46.19	3.09	$575
Sep 2016	0	47	41.55	3.10	$146
Aug 2016	0	126	41.44	2.92	$368
Jul 2016	0	200	41.62	2.92	$585
Jun 2016	0	206	45.35	2.69	$553
May 2016	0	295	42.52	1.99	$587
Apr 2016	0	555	36.56	1.99	$1,105
Mar 2016	169	618	33.01	1.79	$6,687
Feb 2016	186	813	26.47	2.06	$6,601
Jan 2016	188	1,135	27.35	2.36	$7,825
Dec 2015	176	27	32.36	2.00	$5,749
Nov 2015	0	62	38.79	2.17	$134
Oct 2015	0	959	43.55	2.43	$2,327
Sep 2015	0	23	42.99	2.76	$63
Aug 2015	0	137	40.16	2.87	$394
Jul 2015	169	2,536	48.15	2.95	$15,606
Jun 2015	171	1,136	56.15	2.88	$12,877
May 2015	0	4,680	55.21	2.96	$13,832
Apr 2015	0	5,044	49.82	2.71	$13,652
Mar 2015	0	2,569	42.89	2.93	$7,539
Feb 2015	0	557	44.66	2.98	$1,658
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	165	0	78.30	3.90	$12,920
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	1,541	89.39	4.04	$6,218
Jul 2014	0	350	96.56	4.18	$1,463
Jun 2014	0	578	98.16	4.74	$2,738
May 2014	165	840	94.73	4.73	$19,601
Apr 2014	0	587	95.94	4.81	$2,823
Mar 2014	180	1,026	95.89	5.06	$22,448
Feb 2014	183	950	97.40	6.19	$23,707
Jan 2014	0	2,235	90.40	4.86	$10,864
Dec 2013	0	1,368	91.82	4.35	$5,957
Nov 2013	187	128	88.85	3.74	$17,093
Oct 2013	0	253	97.42	3.78	$956
Sep 2013	175	408	104.11	3.72	$19,736
Aug 2013	0	315	104.25	3.52	$1,110
Jul 2013	0	358	102.52	3.72	$1,331
Jun 2013	179	401	94.40	3.93	$18,475
May 2013	180	570	94.83	4.15	$19,434
Apr 2013	0	159	93.96	4.28	$681
Mar 2013	0	298	93.62	3.91	$1,166
Feb 2013	181	250	91.23	3.42	$17,368
Jan 2013	0	332	91.60	3.42	$1,135
Dec 2012	176	443	86.77	3.42	$16,787
Nov 2012	174	325	86.95	3.62	$16,307
Oct 2012	0	319	89.38	3.40	$1,085
Sep 2012	0	300	94.67	2.92	$876
Aug 2012	187	338	92.66	2.91	$18,310
Jul 2012	0	346	85.13	3.02	$1,045
Jun 2012	0	218	79.82	2.52	$549
May 2012	186	315	91.61	2.49	$17,823
Apr 2012	0	350	101.65	2.00	$699
Mar 2012	189	266	105.05	2.22	$20,446
Feb 2012	0	316	101.10	2.57	$812
Jan 2012	170	865	98.09	2.73	$19,040
Dec 2011	183	995	96.87	3.24	$20,951
Nov 2011	0	597	95.72	3.31	$1,977
Oct 2011	174	827	84.98	3.65	$17,804
Sep 2011	0	1,234	83.62	3.99	$4,918
Aug 2011	167	940	83.40	4.15	$17,828
Jul 2011	0	789	94.14	4.52	$3,564
Jun 2011	0	1,095	92.90	4.64	$5,081
May 2011	184	716	98.13	4.40	$21,210
Apr 2011	0	660	105.96	4.33	$2,860
Mar 2011	0	843	96.36	4.06	$3,420
Feb 2011	0	613	85.64	4.18	$2,562
Jan 2011	180	1,012	86.50	4.59	$20,214
Dec 2010	0	1,120	85.73	4.35	$4,869
Nov 2010	0	1,095	80.84	3.80	$4,156
Oct 2010	177	1,029	78.10	3.51	$17,434
Sep 2010	0	603	72.63	3.98	$2,400
Aug 2010	181	1,038	73.68	4.42	$17,923
Jul 2010	0	1,008	72.55	4.74	$4,774
Jun 2010	0	916	70.36	4.91	$4,498
May 2010	0	1,599	71.12	4.24	$6,772
Apr 2010	169	1,315	81.69	4.12	$19,227
Mar 2010	0	1,139	78.39	4.39	$4,999
Feb 2010	0	1,031	73.58	5.44	$5,611
Jan 2010	187	1,816	74.36	5.96	$24,736
Dec 2009	0	1,118	71.44	5.48	$6,131
Nov 2009	0	1,132	74.59	3.75	$4,247
Oct 2009	170	1,229	72.54	4.11	$17,383
Sep 2009	0	697	65.54	3.06	$2,136
Aug 2009	187	1,799	67.42	3.22	$18,398
Jul 2009	0	1,166	61.13	3.46	$4,040
Jun 2009	0	1,013	66.16	3.90	$3,946
May 2009	0	803	54.74	3.93	$3,152
Apr 2009	191	1,873	46.77	3.59	$15,652
Mar 2009	0	1,673	42.14	4.06	$6,791
Feb 2009	0	595	32.81	4.63	$2,757
Jan 2009	193	1,363	35.86	5.37	$14,242
Dec 2008	0	2,575	37.10	5.98	$15,391
Nov 2008	0	1,506	55.49	6.86	$10,332
Oct 2008	0	1,531	75.24	6.92	$10,598
Sep 2008	185	1,900	101.76	7.88	$33,792
Aug 2008	0	1,211	114.22	8.48	$10,273
Jul 2008	0	1,673	131.08	11.39	$19,055
Jun 2008	0	903	131.33	13.03	$11,768
May 2008	189	969	123.17	11.57	$34,495
Apr 2008	0	1,123	110.31	10.45	$11,741
Mar 2008	0	881	101.90	9.66	$8,514
Feb 2008	0	1,090	92.53	8.77	$9,560
Jan 2008	0	1,416	90.38	8.21	$11,619
Dec 2007	197	1,215	88.33	7.30	$26,273
Nov 2007	0	1,772	91.67	7.29	$12,921
Oct 2007	0	1,305	82.85	6.92	$9,033
Sep 2007	0	1,854	75.84	6.24	$11,577
Aug 2007	186	2,105	69.06	6.39	$26,292
Jul 2007	0	2,336	70.90	6.39	$14,922
Jun 2007	0	2,165	62.00	7.55	$16,342
May 2007	188	2,592	58.74	7.85	$31,381
Apr 2007	0	2,287	59.61	7.81	$17,850
Mar 2007	0	2,178	56.92	7.30	$15,904
Feb 2007	190	1,893	55.10	8.22	$26,022
Jan 2007	0	2,584	50.30	6.73	$17,382
Dec 2006	161	2,456	56.65	6.92	$26,112
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	5,975	54.90	6.01	$35,932
Sep 2006	63	5,965	60.08	5.04	$33,832
Aug 2006	190	6,860	68.71	7.34	$63,407
Jul 2006	0	1,282	69.37	6.34	$8,131
Jun 2006	188	5,445	66.28	6.38	$47,221
May 2006	0	0	66.01	6.42	$0
Apr 2006	191	2,618	64.39	7.36	$31,568
Mar 2006	0	2,659	56.70	7.08	$18,833
Feb 2006	0	2,533	57.59	7.75	$19,634
Jan 2006	183	2,577	60.59	8.93	$34,109
Dec 2005	0	3,159	54.94	13.42	$42,379
Nov 2005	179	2,360	54.69	10.59	$34,778
Oct 2005	0	2,454	58.34	13.80	$33,855
Sep 2005	0	7,637	61.45	12.08	$92,247
Aug 2005	167	8,240	61.51	9.80	$90,998
Jul 2005	178	9,317	55.69	7.84	$82,992
Jun 2005	0	8,312	52.33	7.38	$61,351
May 2005	173	8,430	45.22	6.65	$63,892
Apr 2005	0	8,897	49.20	7.36	$65,486
Mar 2005	175	8,575	50.37	7.15	$70,168
Feb 2005	169	7,901	45.22	6.31	$57,513
Jan 2005	174	9,037	43.16	6.32	$64,644
Dec 2004	0	4,703	39.86	6.75	$31,750
Nov 2004	175	7,261	45.28	6.33	$53,889
Oct 2004	165	8,973	49.70	6.52	$66,660
Sep 2004	175	7,996	43.24	5.28	$49,817
Aug 2004	0	291	42.37	5.55	$1,615
Jul 2004	0	2,787	38.28	6.08	$16,957
Jun 2004	195	7,607	36.10	6.43	$55,975
May 2004	0	6,193	37.48	6.49	$40,221
Apr 2004	0	6,568	34.47	5.86	$38,478
Mar 2004	195	8,581	34.36	5.53	$54,154
Feb 2004	0	8,309	32.45	5.51	$45,779
Jan 2004	176	4,868	32.03	6.30	$36,304
Dec 2003	126	0	30.26	6.30	$3,813
Nov 2003	177	6,784	28.80	4.60	$36,271
Oct 2003	186	5,368	28.17	4.76	$30,789
Sep 2003	175	6,445	26.31	4.75	$35,214
Aug 2003	178	7,403	29.76	5.13	$43,273
Jul 2003	336	8,671	29.41	5.17	$54,718
Jun 2003	176	7,651	28.56	5.98	$50,802
May 2003	175	9,222	26.59	5.97	$59,733
Apr 2003	197	20,458	26.67	5.41	$115,876
Mar 2003	361	13,296	31.14	6.10	$92,294
Feb 2003	738	17,721	33.48	7.93	$165,163
Jan 2003	546	25,817	30.31	5.58	$160,661
Dec 2002	1,064	29,260	26.91	4.85	$170,653
Nov 2002	531	31,194	24.66	4.14	$142,143
Oct 2002	1,082	34,648	26.46	4.23	$175,160
Sep 2002	183	12,415	27.44	3.64	$50,153
Aug 2002	534	18,711	25.96	3.16	$73,067
Jul 2002	541	20,485	24.58	3.06	$76,018
Jun 2002	718	29,912	23.73	3.34	$116,892
May 2002	565	28,577	24.66	3.58	$116,353
Apr 2002	890	29,341	23.65	3.51	$124,103
Mar 2002	1,011	37,463	22.00	3.10	$138,479
Feb 2002	754	33,206	18.22	2.38	$92,625
Jan 2002	745	45,716	17.17	2.38	$121,398
Dec 2001	1,401	49,878	16.93	2.36	$141,650
Nov 2001	1,859	61,293	18.07	2.41	$181,034
Oct 2001	2,799	70,400	19.78	2.53	$233,397
Sep 2001	2,521	67,573	24.26	2.25	$213,288
Aug 2001	3,685	112,235	24.87	3.05	$434,317
Jul 2001	3,258	103,573	23.93	3.20	$409,095
Jun 2001	3,843	135,164	24.56	3.82	$611,273
May 2001	3,797	100,994	25.52	4.31	$531,913
Apr 2001	3,515	116,543	24.68	5.34	$708,544
Mar 2001	1,663	39,465	24.54	5.38	$252,991
Feb 2001	3,734	92,917	27.75	5.77	$639,478
Jan 2001	6,788	153,053	27.47	8.40	$1,471,922
Dec 2000	5,725	109,643	26.88	9.12	$1,154,106

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.

Mar 2022 — as filed, then multipliedworked

Oil                   60 bbl  × $108.88 =     $6,533
Casinghead gas         0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                   $6,533

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/24016 is the state's own key, not one this site invented.