BUCHANAN GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198111District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Sep 2003 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
273
no gaps in the span
Streams
2
condensate, 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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
Gas
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 20 acres. The field rule took effect on 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-02-26153851
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition115 bbl$3,327
GasProduction916,417 Mcf$4,960,480
Total$4,963,807

Wells on this lease (1)

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 31.2842, -96.4034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28424, -96.40343 · centre of the 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,278 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 13,278 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-39530812113,278 ftSep 2003

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 (273)

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

273 months

May 20260376106.413.05$1,145
Apr 2026037998.932.87$1,088
Mar 2026039589.753.15$1,244
Feb 2026037663.503.75$1,410
Jan 2026033659.138.00$2,687
Dec 2025039556.664.41$1,743
Nov 2025036458.593.93$1,429
Oct 2025044559.383.30$1,471
Sep 2025040862.743.08$1,255
Aug 2025039863.933.01$1,200
Jul 2025023166.743.32$766
Jun 2025029866.483.13$932
May 2025043160.553.23$1,393
Apr 2025030062.363.54$1,063
Mar 2025035067.704.27$1,494
Feb 2025026670.884.34$1,155
Jan 2025031674.324.28$1,352
Dec 2024042468.993.12$1,323
Nov 2024047069.052.20$1,033
Oct 2024059971.372.28$1,367
Sep 202401,38469.612.36$3,272
Aug 2024099575.632.06$2,053
Jul 2024056779.932.15$1,217
Jun 202401,48978.082.63$3,922
May 2024064678.812.20$1,420
Apr 2024057984.451.66$961
Mar 2024056880.301.55$878
Feb 2024074476.091.78$1,327
Jan 2024077073.023.30$2,539
Dec 202301,07871.262.61$2,814
Nov 202301,34977.892.81$3,787
Oct 202301,48385.443.09$4,578
Sep 202301,83989.042.74$5,030
Aug 202301,51180.522.67$4,039
Jul 2023075674.852.64$1,997
Jun 202301,01568.962.26$2,292
May 2023070270.622.23$1,564
Apr 202301,52178.122.24$3,404
Mar 202301,34172.852.39$3,209
Feb 2023093275.112.47$2,298
Jan 2023040776.533.39$1,379
Dec 2022065076.415.73$3,724
Nov 2022086585.005.65$4,884
Oct 202201,25087.185.86$7,330
Sep 202201,50284.888.16$12,262
Aug 202201,85694.529.13$16,940
Jul 202201,783101.587.54$13,448
Jun 202201,681115.097.98$13,410
May 202202,314109.378.43$19,514
Apr 202201,177104.226.84$8,048
Mar 20220834108.885.08$4,234
Feb 2022063091.054.86$3,061
Jan 2022065781.844.54$2,981
Dec 202101,36371.323.90$5,315
Nov 202101,58977.435.24$8,321
Oct 202101,70179.795.71$9,719
Sep 202101,78869.865.35$9,567
Aug 202101,92266.024.22$8,112
Jul 202101,70170.783.98$6,774
Jun 2021096069.493.38$3,245
May 2021085863.483.02$2,589
Apr 2021085760.362.76$2,364
Mar 2021087061.302.72$2,364
Feb 2021073957.805.55$4,100
Jan 2021088350.412.81$2,481
Dec 2020087644.642.68$2,344
Nov 2020073638.772.71$1,992
Oct 202001,29036.972.48$3,197
Sep 202001,12937.091.99$2,248
Aug 202001,42139.982.39$3,389
Jul 202001,33638.371.83$2,438
Jun 202001,87734.901.69$3,173
May 202001,32216.921.81$2,399
Apr 202001,04214.751.80$1,880
Mar 202001,33630.341.86$2,480
Feb 202001,45649.881.98$2,884
Jan 202001,48957.252.09$3,119
Dec 201901,48659.012.30$3,424
Nov 201901,39055.302.75$3,823
Oct 201901,33453.472.42$3,226
Sep 201901,15955.052.66$3,080
Aug 201901,18453.112.30$2,728
Jul 201901,33156.272.46$3,274
Jun 201901,07352.782.49$2,673
May 201901,19958.482.74$3,286
Apr 201901,36062.632.75$3,741
Mar 201901,32256.803.06$4,048
Feb 2019093750.852.79$2,616
Jan 201901,71946.033.23$5,549
Dec 201801,34846.594.19$5,642
Nov 2018098652.934.24$4,178
Oct 2018099561.443.40$3,381
Sep 201801,19159.543.11$3,702
Aug 201801,65359.403.07$5,069
Jul 201801,55265.142.93$4,550
Jun 201801,35060.183.08$4,154
May 201801,03765.382.90$3,008
Apr 2018098163.842.90$2,846
Mar 201801,55361.222.79$4,328
Feb 201801,50161.782.77$4,152
Jan 201801,47362.874.01$5,906
Dec 201701,70257.272.92$4,972
Nov 201701,75455.423.12$5,470
Oct 201702,00149.292.98$5,970
Sep 201702,24747.523.09$6,937
Aug 201702,68445.373.00$8,064
Jul 201701,37343.873.09$4,239
Jun 2017055942.493.09$1,726
May 2017099445.373.26$3,244
Apr 201701,78447.933.21$5,729
Mar 201701,59446.772.98$4,756
Feb 2017017350.452.95$511
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016090942.492.64$2,404
Oct 201601,83346.193.09$5,664
Sep 201601,51041.553.10$4,682
Aug 201601,81841.442.92$5,316
Jul 201601,93041.622.92$5,644
Jun 201601,95345.352.69$5,245
May 201602,48942.521.99$4,956
Apr 201601,52436.561.99$3,034
Mar 201601,86633.011.79$3,348
Feb 201601,59826.472.06$3,298
Jan 201601,77627.352.36$4,199
Dec 201502,27232.362.00$4,547
Nov 201501,17338.792.17$2,542
Oct 201502,23043.552.43$5,411
Sep 201502,05142.992.76$5,658
Aug 201502,16240.162.87$6,210
Jul 201502,32148.152.95$6,836
Jun 201502,15156.152.88$6,201
May 201502,50655.212.96$7,406
Apr 201502,38649.822.71$6,458
Mar 201502,24342.892.93$6,583
Feb 201502,36644.662.98$7,042
Jan 201502,73543.433.10$8,480
Dec 201402,21954.693.59$7,969
Nov 201402,81970.464.25$11,986
Oct 201402,86478.303.90$11,172
Sep 201403,21386.164.05$12,998
Aug 201402,63389.394.04$10,624
Jul 2014061296.564.18$2,558
Jun 2014069098.164.74$3,268
May 201401,34694.734.73$6,362
Apr 2014090295.944.81$4,338
Mar 2014082795.895.06$4,182
Feb 201401,12597.406.19$6,966
Jan 201402,45290.404.86$11,918
Dec 201302,56591.824.35$11,169
Nov 201302,18588.853.74$8,168
Oct 201302,60697.423.78$9,849
Sep 201302,663104.113.72$9,900
Aug 201302,627104.253.52$9,254
Jul 201302,763102.523.72$10,272
Jun 201302,65194.403.93$10,427
May 201302,78294.834.15$11,543
Apr 201302,96093.964.28$12,676
Mar 201303,19293.623.91$12,490
Feb 201303,02391.233.42$10,338
Jan 201303,55491.603.42$12,154
Dec 201203,56386.773.42$12,186
Nov 201201,46286.953.62$5,300
Oct 201202,33389.383.40$7,931
Sep 201203,20594.672.92$9,353
Aug 201203,17192.662.91$9,222
Jul 201203,29585.133.02$9,954
Jun 201203,04179.822.52$7,660
May 201203,10391.612.49$7,721
Apr 201202,751101.652.00$5,493
Mar 201203,761105.052.22$8,357
Feb 201205,138101.102.57$13,206
Jan 2012098598.092.73$2,693
Dec 201101,21196.873.24$3,923
Nov 201101,46295.723.31$4,841
Oct 201103,37684.983.65$12,317
Sep 201102,92083.623.99$11,639
Aug 201103,44583.404.15$14,294
Jul 201103,43994.144.52$15,535
Jun 201103,45092.904.64$16,008
May 201103,63298.134.40$15,998
Apr 201103,394105.964.33$14,707
Mar 201103,56196.364.06$14,448
Feb 201103,20485.644.18$13,393
Jan 201103,57086.504.59$16,382
Dec 201003,51985.734.35$15,300
Nov 201003,30680.843.80$12,547
Oct 201003,44378.103.51$12,081
Sep 201003,48772.633.98$13,876
Aug 201003,64673.684.42$16,113
Jul 201003,75772.554.74$17,795
Jun 201003,73870.364.91$18,355
May 201003,84471.124.24$16,280
Apr 201004,06981.694.12$16,775
Mar 201005,10478.394.39$22,400
Feb 201003,26173.585.44$17,748
Jan 201001,82074.365.96$10,855
Dec 200903,27471.445.48$17,954
Nov 200903,53874.593.75$13,273
Oct 200903,27672.544.11$13,465
Sep 200903,65165.543.06$11,189
Aug 200903,76367.423.22$12,111
Jul 200904,06261.133.46$14,073
Jun 200905,01466.163.90$19,530
May 200902,26154.743.93$8,876
Apr 200904,57546.773.59$16,413
Mar 200903,64842.144.06$14,807
Feb 200903,80032.814.63$17,605
Jan 200936,22935.865.37$33,564
Dec 2008010,00737.105.98$59,813
Nov 2008017455.496.86$1,194
Oct 2008013475.246.92$928
Sep 20080413101.767.88$3,253
Aug 20080477114.228.48$4,046
Jul 200801,086131.0811.39$12,369
Jun 200801,772131.3313.03$23,094
May 200801,847123.1711.57$21,378
Apr 200804,070110.3110.45$42,551
Mar 200804,194101.909.66$40,531
Feb 200804,79692.538.77$42,064
Jan 200805,53490.388.21$45,411
Dec 200706,17088.337.30$45,053
Nov 200701,81091.677.29$13,198
Oct 200703,10582.856.92$21,493
Sep 200705,21175.846.24$32,538
Aug 200705,53469.066.39$35,351
Jul 200705,62170.906.39$35,907
Jun 200706,40962.007.55$48,378
May 200705,90758.747.85$46,348
Apr 200705,61959.617.81$43,857
Mar 200705,67556.927.30$41,439
Feb 200706,26155.108.22$51,440
Jan 200707,85250.306.73$52,819
Dec 200607,78656.656.92$53,867
Nov 200606,85054.207.62$52,180
Oct 200607,65154.906.01$46,012
Sep 200607,90960.085.04$39,839
Aug 200608,85968.717.34$65,024
Jul 200618,98769.376.34$57,072
Jun 2006010,17566.286.38$64,956
May 2006011,42266.016.42$73,386
Apr 2006012,62264.397.36$92,904
Mar 200609,67956.707.08$68,556
Feb 200608,90757.597.75$69,039
Jan 2006015,82860.598.93$141,397
Dec 2005096654.9413.42$12,959
Nov 200503,60454.6910.59$38,161
Oct 200506,03758.3413.80$83,285
Sep 200505,71561.4512.08$69,031
Aug 200506,32361.519.80$61,945
Jul 200506,26955.697.84$49,172
Jun 200516,10152.337.38$45,084
May 200516,73745.226.65$44,854
Apr 200516,79949.207.36$50,093
Mar 200516,70250.377.15$48,002
Feb 200506,27845.226.31$39,626
Jan 200527,43943.166.32$47,117
Dec 200407,64339.866.75$51,599
Nov 200418,16345.286.33$51,721
Oct 200408,92249.706.52$58,128
Sep 200418,82543.245.28$46,674
Aug 200409,64742.375.55$53,547
Jul 2004010,14938.286.08$61,748
Jun 2004011,12336.106.43$71,554
May 2004212,39837.486.49$80,595
Apr 2004111,64034.475.86$68,227
Mar 2004014,51534.365.53$80,270
Feb 2004018,32932.455.51$100,986
Jan 2004320,37432.036.30$128,445
Dec 2003122,40130.266.30$141,193
Nov 2003324,66328.804.60$113,417
Oct 2003543,55228.174.76$207,433
Sep 20038812,16626.314.75$60,096

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  376 Mcf  × $  3.05 =     $1,145

────────────────────────────────────────────────────
Month total                                   $1,145

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. 05/G/198111 is the state's own key, not one this site invented.