BUCKAROO UNIT

Operated by EMPIRE TEXAS OPERATING LLC (P-5 100365) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26301District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$13.1 M
Oct 2013 – May 2026
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
152
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 186 leases and 416 wells, and the rule below applies to all of them.

Discovered
1964-05-02
as the register files it
Field class
Oil
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 2010-12-14.

The Commission's schedule remark for this field reads: NOT GO TO 160 , ALLOCATION FORMULA REMAINS 100% WELL

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
OilDisposition181,990 bbl$12,183,553
Casinghead gasProduction268,619 Mcf$898,332
Total$13,081,885

Every month this lease reported (152)

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

152 months

May 20260513106.413.05$1,563
Apr 202619147498.932.87$20,256
Mar 2026049089.753.15$1,543
Feb 2026038563.503.75$1,444
Jan 202618096359.138.00$18,345
Dec 20255701,02956.664.41$36,838
Nov 20251781,17458.593.93$15,039
Oct 20253661,18959.383.30$25,663
Sep 20255551,13162.743.08$38,301
Aug 20251771,23263.933.01$15,030
Jul 20255381,21666.743.32$39,937
Jun 202536079066.483.13$26,404
May 202536085560.553.23$24,562
Apr 20253561,20162.363.54$26,455
Mar 20255581,33267.704.27$43,462
Feb 20251801,25970.884.34$18,224
Jan 20253741,38274.324.28$33,709
Dec 20241901,35268.993.12$17,328
Nov 20247251,35269.052.20$53,034
Oct 20243641,40971.372.28$29,193
Sep 20243691,43069.612.36$29,067
Aug 20243681,33475.632.06$30,585
Jul 20243671,40279.932.15$32,344
Jun 20245411,31578.082.63$45,705
May 20243691,43478.812.20$32,233
Apr 20245591,34284.451.66$49,434
Mar 20243651,44480.301.55$31,541
Feb 20245301,30976.091.78$42,662
Jan 20243851,25073.023.30$32,235
Dec 20235431,44471.262.61$42,464
Nov 20233611,06977.892.81$31,120
Oct 20233851,32485.443.09$36,982
Sep 20235621,25689.042.74$53,476
Aug 20233621,36680.522.67$32,799
Jul 20235611,30674.852.64$45,441
Jun 20235471,25068.962.26$40,544
May 20233801,34770.622.23$29,836
Apr 20235501,25178.122.24$45,765
Mar 20233631,01872.852.39$28,881
Feb 20233581,01075.112.47$29,380
Jan 20235431,11476.533.39$45,330
Dec 20223551,31476.415.73$34,654
Nov 20225431,43485.005.65$54,252
Oct 20225501,50687.185.86$56,780
Sep 20225461,43784.888.16$58,076
Aug 20223751,50694.529.13$49,191
Jul 20227191,468101.587.54$84,108
Jun 2022363436115.097.98$45,256
May 20227111,603109.378.43$91,280
Apr 20223651,962104.226.84$51,456
Mar 20227171,659108.885.08$86,489
Feb 202236090791.054.86$37,185
Jan 20221951,06881.844.54$20,805
Dec 20217231,52871.323.90$57,522
Nov 20215421,49777.435.24$49,807
Oct 20215421,56579.795.71$52,188
Sep 20215511,52169.865.35$46,632
Aug 20217141,55766.024.22$53,710
Jul 20217031,59270.783.98$56,098
Jun 20213461,49269.493.38$29,087
May 20215021,60463.483.02$36,707
Apr 20216851,52260.362.76$45,545
Mar 20215031,62261.302.72$35,241
Feb 20215051,30657.805.55$36,435
Jan 20216981,70250.412.81$39,969
Dec 20206931,72644.642.68$35,553
Nov 20203501,65638.772.71$18,052
Oct 20209101,71036.972.48$37,881
Sep 20205251,65237.091.99$22,761
Aug 20203621,68139.982.39$18,482
Jul 20207161,81038.371.83$30,776
Jun 20207281,65034.901.69$28,196
May 20207231,91616.921.81$15,710
Apr 20207211,02214.751.80$12,479
Mar 20205411,72230.341.86$19,610
Feb 20205331,80749.881.98$30,165
Jan 20208682,05257.252.09$53,991
Dec 20198862,01459.012.30$56,924
Nov 20197152,06955.302.75$45,231
Oct 20197222,11353.472.42$43,716
Sep 20197272,14955.052.66$45,732
Aug 20199192,24853.112.30$53,988
Jul 20198802,42856.272.46$55,491
Jun 20195311,57152.782.49$31,940
May 20191,0592,61858.482.74$69,104
Apr 20193651,04662.632.75$25,737
Mar 20197212,67856.803.06$49,153
Feb 20191,0702,55950.852.79$61,555
Jan 20197081,51046.033.23$37,464
Dec 20188782,73946.594.19$52,370
Nov 20181,0642,58552.934.24$67,271
Oct 20188872,77161.443.40$63,913
Sep 20181,4453,01059.543.11$95,390
Aug 20181,4283,35859.403.07$95,121
Jul 201817387365.142.93$13,829
Jun 201832791760.183.08$22,500
May 20181,0302,28165.382.90$73,958
Apr 20181,1662,27163.842.90$81,025
Mar 20188652,20361.222.79$59,095
Feb 20181,3482,14661.782.77$89,216
Jan 20189861,13662.874.01$66,544
Dec 20171,3532,03457.272.92$83,429
Nov 20171,0011,41555.423.12$59,888
Oct 2017671049.292.98$33,074
Sep 20171,3371,51547.523.09$68,211
Aug 20171,1791,62045.373.00$58,358
Jul 20171,4961,50743.873.09$70,282
Jun 20171,3511,12242.493.09$60,868
May 20171,1291,19945.373.26$55,136
Apr 20171,1491,83147.933.21$60,952
Mar 20171,0051,04046.772.98$50,107
Feb 20178421,46350.452.95$46,799
Jan 20171,3661,49549.413.42$72,605
Dec 20161,52569848.763.72$76,958
Nov 20161,5212,25242.492.64$70,582
Oct 20161,5211,93346.193.09$76,228
Sep 20161,2571,85041.553.10$57,965
Aug 20161,3352,21241.442.92$61,791
Jul 20161,3592,16241.622.92$62,884
Jun 20161,5142,22145.352.69$74,625
May 20161,6872,38942.521.99$76,488
Apr 20162,3382,51736.561.99$90,489
Mar 201651469833.011.79$18,219
Feb 20161,8551,83526.472.06$52,889
Jan 20161,9922,21527.352.36$59,718
Dec 20150032.362.00$0
Nov 20151,8371,96338.792.17$75,512
Oct 20151,7992,09943.552.43$83,440
Sep 20151,8221,93942.992.76$83,676
Aug 20152,3052,59740.162.87$100,029
Jul 20152,1321,80748.152.95$107,978
Jun 20151,9792,77756.152.88$119,127
May 20152,2572,54955.212.96$132,142
Apr 20152,4403,03649.822.71$129,778
Mar 20152,7604,78142.892.93$132,407
Feb 20153,7145,89744.662.98$183,418
Jan 20154,1494,10343.433.10$192,913
Dec 20141,1751,09554.693.59$68,193
Nov 20144,2373,81370.464.25$314,751
Oct 20144,5006,50478.303.90$377,722
Sep 20145,6296,14686.164.05$509,858
Aug 20147,2455,58289.394.04$670,155
Jul 20145,8102,59796.564.18$571,868
Jun 201411,1526,60498.164.74$1,125,963
May 2014180094.734.73$17,051
Apr 20142,44444695.944.81$236,622
Mar 20141,028095.895.06$98,575
Feb 20141,665097.406.19$162,171
Jan 20141,87864190.404.86$172,887
Dec 20134,6404,09391.824.35$443,868
Nov 20137,3413,37888.853.74$664,876
Oct 20136,60270197.423.78$645,816

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                    0 bbl  × $106.41 =         $0
Casinghead gas       513 Mcf  × $  3.05 =     $1,563

────────────────────────────────────────────────────
Month total                                   $1,563

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/26301 is the state's own key, not one this site invented.