MACKEREL

Operated by BUFFCO PRODUCTION INC. (P-5 106406) 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 26131District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 2013 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
161
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
OilDisposition17,539 bbl$1,300,311
Casinghead gasProduction30,711 Mcf$105,540
Total$1,405,851

Every month this lease reported (161)

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

161 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 2025387059.383.30$22,980
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025123066.743.32$8,209
Jun 2025173066.483.13$11,501
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 202397085.443.09$8,288
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023166068.962.26$11,447
May 20230070.622.23$0
Apr 202378078.122.24$6,093
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 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202105666.024.22$236
Jul 2021059970.783.98$2,385
Jun 2021061369.493.38$2,072
May 2021049563.483.02$1,494
Apr 2021040260.362.76$1,109
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021011750.412.81$329
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20201036.972.48$37
Sep 20200037.091.99$0
Aug 202018213639.982.39$7,601
Jul 20204511738.371.83$1,940
Jun 202015734.901.69$131
May 2020023716.921.81$430
Apr 202001214.751.80$22
Mar 20203238730.341.86$9,961
Feb 202015049.881.98$149
Jan 202031118557.252.09$18,192
Dec 20190059.012.30$0
Nov 201922855.302.75$188
Oct 20198924153.472.42$5,342
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20191,0161,28952.782.49$56,836
May 20191,2231,30958.482.74$75,108
Apr 20191,69915762.632.75$106,840
Mar 20192,71614956.803.06$154,725
Feb 2019172050.852.79$8,746
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015508055.212.96$28,047
Apr 201504949.822.71$133
Mar 2015024842.892.93$728
Feb 2015014144.662.98$420
Jan 2015020543.433.10$636
Dec 2014026054.693.59$934
Nov 2014033670.464.25$1,429
Oct 201417743778.303.90$15,564
Sep 2014043886.164.05$1,772
Aug 20143754289.394.04$33,691
Jul 20141914996.564.18$18,648
Jun 201438163198.164.74$40,388
May 201466982594.734.73$67,274
Apr 2014068995.944.81$3,313
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20136711,09897.423.78$69,519
Sep 20134911,749104.113.72$57,620
Aug 20131661,014104.253.52$20,877
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013351093.623.91$32,861
Feb 20133,0758,59291.233.42$309,916
Jan 20131,6797,57291.603.42$179,692

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 2025 — as filed, then multipliedworked
Oil                  387 bbl  × $ 59.38 =    $22,980
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                  $22,980

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/26131 is the state's own key, not one this site invented.