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 202109District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
May 2004 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
265
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 Gas112004-07-16157602
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
CondensateDisposition96 bbl$4,151
GasProduction519,584 Mcf$3,012,823
Total$3,016,974

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 31.2806, -96.4066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28062, -96.40657 · 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
13,330 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 13,330 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-39530859313,330 ftMay 2004

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 (265)

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

265 months

May 20260442106.413.05$1,346
Apr 2026045898.932.87$1,314
Mar 2026045289.753.15$1,424
Feb 2026031563.503.75$1,181
Jan 2026041159.138.00$3,287
Dec 2025040056.664.41$1,765
Nov 2025031658.593.93$1,241
Oct 2025049859.383.30$1,646
Sep 2025043162.743.08$1,326
Aug 2025043563.933.01$1,311
Jul 2025041666.743.32$1,379
Jun 2025034166.483.13$1,067
May 2025036860.553.23$1,189
Apr 2025039062.363.54$1,382
Mar 2025051567.704.27$2,198
Feb 2025048470.884.34$2,101
Jan 2025053874.324.28$2,302
Dec 2024052868.993.12$1,648
Nov 2024046069.052.20$1,011
Oct 2024054071.372.28$1,232
Sep 2024077469.612.36$1,830
Aug 2024083375.632.06$1,719
Jul 2024072279.932.15$1,550
Jun 2024070978.082.63$1,867
May 2024076778.812.20$1,686
Apr 2024072784.451.66$1,206
Mar 2024077080.301.55$1,190
Feb 2024066776.091.78$1,190
Jan 2024065673.023.30$2,163
Dec 2023071971.262.61$1,877
Nov 2023070677.892.81$1,982
Oct 2023057985.443.09$1,788
Sep 2023057689.042.74$1,575
Aug 2023060180.522.67$1,606
Jul 2023072674.852.64$1,918
Jun 2023064868.962.26$1,464
May 2023064070.622.23$1,426
Apr 2023067078.122.24$1,499
Mar 2023059072.852.39$1,412
Feb 2023047875.112.47$1,179
Jan 2023050976.533.39$1,724
Dec 2022052976.415.73$3,031
Nov 2022051085.005.65$2,880
Oct 2022057787.185.86$3,383
Sep 2022060284.888.16$4,915
Aug 2022059494.529.13$5,422
Jul 20220550101.587.54$4,148
Jun 20220610115.097.98$4,866
May 20220690109.378.43$5,819
Apr 20220648104.226.84$4,431
Mar 20220699108.885.08$3,548
Feb 2022060691.054.86$2,944
Jan 2022066081.844.54$2,995
Dec 2021065871.323.90$2,566
Nov 2021066477.435.24$3,477
Oct 2021068879.795.71$3,931
Sep 2021060469.865.35$3,232
Aug 2021059966.024.22$2,528
Jul 2021061770.783.98$2,457
Jun 2021061769.493.38$2,086
May 2021061563.483.02$1,856
Apr 2021060660.362.76$1,672
Mar 2021067561.302.72$1,834
Feb 2021049357.805.55$2,735
Jan 2021068650.412.81$1,928
Dec 2020067644.642.68$1,809
Nov 2020038938.772.71$1,053
Oct 2020059036.972.48$1,462
Sep 2020055337.091.99$1,101
Aug 2020072539.982.39$1,729
Jul 2020061538.371.83$1,122
Jun 2020094734.901.69$1,601
May 2020069116.921.81$1,254
Apr 2020063814.751.80$1,151
Mar 2020070130.341.86$1,301
Feb 2020070649.881.98$1,398
Jan 2020077557.252.09$1,623
Dec 2019074259.012.30$1,710
Nov 2019075555.302.75$2,077
Oct 2019079153.472.42$1,913
Sep 2019070255.052.66$1,865
Aug 2019066753.112.30$1,537
Jul 2019069556.272.46$1,710
Jun 2019057952.782.49$1,442
May 2019067358.482.74$1,844
Apr 2019067162.632.75$1,846
Mar 2019066556.803.06$2,036
Feb 2019061750.852.79$1,723
Jan 2019072646.033.23$2,344
Dec 2018062046.594.19$2,595
Nov 2018055852.934.24$2,364
Oct 2018070561.443.40$2,396
Sep 2018074059.543.11$2,300
Aug 2018076659.403.07$2,349
Jul 2018073365.142.93$2,149
Jun 2018059460.183.08$1,828
May 2018066465.382.90$1,926
Apr 2018072063.842.90$2,089
Mar 2018076561.222.79$2,132
Feb 2018072361.782.77$2,000
Jan 2018085862.874.01$3,440
Dec 2017094957.272.92$2,773
Nov 2017084055.423.12$2,619
Oct 2017090049.292.98$2,685
Sep 2017081447.523.09$2,513
Aug 2017088445.373.00$2,656
Jul 2017083943.873.09$2,590
Jun 2017097442.493.09$3,007
May 201701,43845.373.26$4,693
Apr 2017097647.933.21$3,135
Mar 201701,02546.772.98$3,058
Feb 2017083550.452.95$2,465
Jan 2017087849.413.42$3,002
Dec 2016097848.763.72$3,641
Nov 2016094042.492.64$2,486
Oct 2016094846.193.09$2,930
Sep 2016087341.553.10$2,707
Aug 201601,01141.442.92$2,957
Jul 201601,00841.622.92$2,948
Jun 2016091445.352.69$2,455
May 201601,08042.521.99$2,150
Apr 201601,09436.561.99$2,178
Mar 201601,13233.011.79$2,031
Feb 201601,07626.472.06$2,220
Jan 201601,13427.352.36$2,681
Dec 201501,09632.362.00$2,194
Nov 201501,05338.792.17$2,282
Oct 201501,09943.552.43$2,667
Sep 2015093942.992.76$2,590
Aug 2015096340.162.87$2,766
Jul 201501,11848.152.95$3,293
Jun 201501,09556.152.88$3,157
May 201501,14255.212.96$3,375
Apr 201501,10949.822.71$3,002
Mar 201501,10242.892.93$3,234
Feb 201501,00844.662.98$3,000
Jan 201501,12343.433.10$3,482
Dec 201401,15654.693.59$4,152
Nov 201401,14870.464.25$4,881
Oct 201401,17078.303.90$4,564
Sep 201401,14386.164.05$4,624
Aug 201401,25189.394.04$5,048
Jul 201401,26096.564.18$5,266
Jun 201401,24398.164.74$5,888
May 201401,29794.734.73$6,130
Apr 201401,30395.944.81$6,266
Mar 201401,33995.895.06$6,771
Feb 201401,24297.406.19$7,690
Jan 201401,47190.404.86$7,150
Dec 201301,50091.824.35$6,532
Nov 201301,42488.853.74$5,323
Oct 201301,54897.423.78$5,850
Sep 201301,470104.113.72$5,465
Aug 201301,583104.253.52$5,576
Jul 201301,515102.523.72$5,632
Jun 201301,55494.403.93$6,113
May 201301,45094.834.15$6,016
Apr 201301,51893.964.28$6,501
Mar 201301,44193.623.91$5,638
Feb 201301,44891.233.42$4,952
Jan 201301,64791.603.42$5,633
Dec 201201,60686.773.42$5,493
Nov 201201,63286.953.62$5,916
Oct 201201,70189.383.40$5,783
Sep 201201,66194.672.92$4,847
Aug 201201,64992.662.91$4,796
Jul 201201,65285.133.02$4,990
Jun 201201,60979.822.52$4,053
May 201201,73991.612.49$4,327
Apr 201201,495101.652.00$2,985
Mar 201201,793105.052.22$3,984
Feb 201201,668101.102.57$4,287
Jan 201201,82098.092.73$4,976
Dec 201101,77396.873.24$5,744
Nov 201101,76995.723.31$5,858
Oct 201101,82684.983.65$6,662
Sep 201101,75083.623.99$6,975
Aug 201101,87183.404.15$7,763
Jul 201101,84794.144.52$8,343
Jun 201101,77892.904.64$8,250
May 201101,84898.134.40$8,140
Apr 201101,850105.964.33$8,017
Mar 201101,89396.364.06$7,681
Feb 201101,73485.644.18$7,248
Jan 201101,93186.504.59$8,861
Dec 201001,97085.734.35$8,565
Nov 201001,97480.843.80$7,492
Oct 201001,99178.103.51$6,986
Sep 201001,97572.633.98$7,859
Aug 201002,08973.684.42$9,232
Jul 201001,99972.554.74$9,468
Jun 201002,02070.364.91$9,919
May 201002,13571.124.24$9,042
Apr 201002,02481.694.12$8,344
Mar 201002,13578.394.39$9,370
Feb 201001,83373.585.44$9,976
Jan 201002,12274.365.96$12,656
Dec 200902,05071.445.48$11,242
Nov 200902,20474.593.75$8,268
Oct 200902,11472.544.11$8,689
Sep 200902,15165.543.06$6,592
Aug 200902,35567.423.22$7,580
Jul 200902,01161.133.46$6,967
Jun 200902,17366.163.90$8,464
May 200902,39654.743.93$9,406
Apr 200902,24946.773.59$8,068
Mar 200902,36842.144.06$9,612
Feb 200902,24432.814.63$10,396
Jan 200912,43335.865.37$13,104
Dec 200802,46137.105.98$14,710
Nov 200802,37655.496.86$16,300
Oct 200802,56175.246.92$17,727
Sep 200802,473101.767.88$19,480
Aug 200802,513114.228.48$21,318
Jul 200802,692131.0811.39$30,660
Jun 200802,574131.3313.03$33,546
May 200802,659123.1711.57$30,776
Apr 200802,564110.3110.45$26,806
Mar 200842,738101.909.66$26,868
Feb 200802,71192.538.77$23,777
Jan 200802,41690.388.21$19,825
Dec 200702,72688.337.30$19,905
Nov 200702,96291.677.29$21,598
Oct 200703,18882.856.92$22,067
Sep 200713,18375.846.24$19,951
Aug 200703,45469.066.39$22,064
Jul 200713,71670.906.39$23,808
Jun 200713,67262.007.55$27,780
May 200703,56358.747.85$27,956
Apr 200713,49459.617.81$27,331
Mar 200703,73556.927.30$27,273
Feb 200703,09155.108.22$25,396
Jan 200703,59150.306.73$24,156
Dec 200603,83856.656.92$26,553
Nov 200603,73254.207.62$28,428
Oct 200614,19454.906.01$25,277
Sep 200604,00160.085.04$20,154
Aug 200603,83068.717.34$28,112
Jul 200613,80469.376.34$24,197
Jun 200613,97366.286.38$25,429
May 200604,39666.016.42$28,244
Apr 200604,81264.397.36$35,419
Mar 200605,04356.707.08$35,719
Feb 200604,72257.597.75$36,601
Jan 200605,51260.598.93$49,240
Dec 200505,86154.9413.42$78,628
Nov 200505,75854.6910.59$60,968
Oct 200506,36258.3413.80$87,769
Sep 200505,57361.4512.08$67,316
Aug 200515,42761.519.80$53,229
Jul 200505,39455.697.84$42,309
Jun 200516,05652.337.38$44,752
May 200505,43045.226.65$36,116
Apr 200516,06749.207.36$44,705
Mar 200517,61150.377.15$54,506
Feb 200507,21845.226.31$45,559
Jan 200538,60443.166.32$54,526
Dec 2004110,95339.866.75$73,984
Nov 200417,18845.286.33$45,548
Oct 2004010,02349.706.52$65,301
Sep 2004211,75243.245.28$62,183
Aug 2004112,19842.375.55$67,749
Jul 2004413,13438.286.08$80,063
Jun 2004713,81636.106.43$89,131
May 20046117,43437.486.49$115,513

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                  442 Mcf  × $  3.05 =     $1,346

────────────────────────────────────────────────────
Month total                                   $1,346

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/202109 is the state's own key, not one this site invented.