BUCHANAN GAS UNIT

Operated by ARMOR RESOURCES LLC (P-5 31587) in the ROSEWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 222659District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$393 k
Sep 2006 – Jan 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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 188 leases and 188 wells, and the rule below applies to all of them.

Discovered
1975-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-07-27.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112007-05-07174718
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
CondensateDisposition2,818 bbl$219,909
GasProduction33,617 Mcf$172,861
Total$392,770

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 32.7807, -95.0984. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.78066, -95.09840 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,685 ft
1 wells filed one
Completion to plug
17.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 11,685 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Jan 2024
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-45931312111,685 ftSep 2006Jan 2024Yes

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 (209)

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

209 months

Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
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 201801561.222.79$42
Feb 201801561.782.77$41
Jan 201803262.874.01$128
Dec 201703557.272.92$102
Nov 201701455.423.12$44
Oct 201701849.292.98$54
Sep 201705047.523.09$154
Aug 201701245.373.00$36
Jul 2017011243.873.09$346
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017115047.933.21$5,512
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160648.763.72$22
Nov 20160542.492.64$13
Oct 20160146.193.09$3
Sep 201604841.553.10$149
Aug 2016010641.442.92$310
Jul 201608941.622.92$260
Jun 2016026045.352.69$698
May 2016021542.521.99$428
Apr 2016016036.561.99$319
Mar 201610025733.011.79$3,762
Feb 2016022426.472.06$462
Jan 2016024427.352.36$577
Dec 2015026932.362.00$538
Nov 2015025238.792.17$546
Oct 2015029343.552.43$711
Sep 201515328542.992.76$7,364
Aug 2015029940.162.87$859
Jul 2015032248.152.95$948
Jun 2015033456.152.88$963
May 2015038255.212.96$1,129
Apr 2015013249.822.71$357
Mar 201501342.892.93$38
Feb 201507344.662.98$217
Jan 2015017343.433.10$536
Dec 201412723754.693.59$7,797
Nov 2014024170.464.25$1,025
Oct 2014017778.303.90$690
Sep 2014011186.164.05$449
Aug 20141262689.394.04$11,368
Jul 201402496.564.18$100
Jun 201401798.164.74$81
May 201405094.734.73$236
Apr 201402995.944.81$139
Mar 201403495.895.06$172
Feb 201404297.406.19$260
Jan 201407590.404.86$365
Dec 20130091.824.35$0
Nov 201306288.853.74$232
Oct 2013623797.423.78$6,180
Sep 2013050104.113.72$186
Aug 2013046104.253.52$162
Jul 2013047102.523.72$175
Jun 201303294.403.93$126
May 201304894.834.15$199
Apr 201307293.964.28$308
Mar 201305393.623.91$207
Feb 201306891.233.42$233
Jan 2013027691.603.42$944
Dec 2012025886.773.42$882
Nov 201218430086.953.62$17,086
Oct 2012026489.383.40$898
Sep 2012025894.672.92$753
Aug 2012027492.662.91$797
Jul 2012028285.133.02$852
Jun 2012026079.822.52$655
May 2012014691.612.49$363
Apr 2012044101.652.00$88
Mar 201217391105.052.22$18,376
Feb 20120265101.102.57$681
Jan 2012025498.092.73$694
Dec 2011031496.873.24$1,017
Nov 2011029995.723.31$990
Oct 2011030084.983.65$1,095
Sep 2011029583.623.99$1,176
Aug 2011031283.404.15$1,295
Jul 201118131894.144.52$18,476
Jun 2011030092.904.64$1,392
May 2011031498.134.40$1,383
Apr 20110315105.964.33$1,365
Mar 2011032196.364.06$1,302
Feb 2011034785.644.18$1,450
Jan 2011046486.504.59$2,129
Dec 201016834185.734.35$15,885
Nov 2010034380.843.80$1,302
Oct 2010035578.103.51$1,246
Sep 2010033472.633.98$1,329
Aug 2010037173.684.42$1,640
Jul 2010039472.554.74$1,866
Jun 201016835870.364.91$13,578
May 2010039871.124.24$1,686
Apr 2010032781.694.12$1,348
Mar 2010043978.394.39$1,927
Feb 201017042173.585.44$14,800
Jan 2010051274.365.96$3,054
Dec 2009017171.445.48$938
Nov 200906774.593.75$251
Oct 200907372.544.11$300
Sep 200909665.543.06$294
Aug 200908867.423.22$283
Jul 2009015661.133.46$540
Jun 200919037466.163.90$14,027
May 2009047654.743.93$1,869
Apr 2009045346.773.59$1,625
Mar 2009048242.144.06$1,956
Feb 2009048432.814.63$2,242
Jan 200916445535.865.37$8,325
Dec 2008056337.105.98$3,365
Nov 2008057355.496.86$3,931
Oct 200819063775.246.92$18,705
Sep 20080669101.767.88$5,270
Aug 20080729114.228.48$6,184
Jul 2008185947131.0811.39$35,036
Jun 20080439131.3313.03$5,721
May 2008058123.1711.57$671
Apr 2008076110.3110.45$795
Mar 2008045101.909.66$435
Feb 20081698792.538.77$16,401
Jan 2008021590.388.21$1,764
Dec 2007062888.337.30$4,586
Nov 20071931,13791.677.29$25,983
Oct 2007085882.856.92$5,939
Sep 200701,44875.846.24$9,042
Aug 200701,50069.066.39$9,582
Jul 2007019370.906.39$1,233
Jun 200703462.007.55$257
May 2007021758.747.85$1,703
Apr 20070159.617.81$8
Mar 2007011556.927.30$840
Feb 2007016455.108.22$1,347
Jan 2007013850.306.73$928
Dec 2006039256.656.92$2,712
Nov 2006014954.207.62$1,135
Oct 2006016054.906.01$962
Sep 2006028360.085.04$1,426

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 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.22 =         $0
Gas                   15 Mcf  × $  2.79 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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. 06/G/222659 is the state's own key, not one this site invented.