GALLUP UNIT

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the ANGIE (JAMES LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248317District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Apr 2009 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
206
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 169 leases and 169 wells, and the rule below applies to all of them.

Discovered
1981-06-16
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 40 acres. The field rule took effect on 2014-03-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16

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 Gas112009-10-08194060
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
CondensateDisposition504 bbl$34,432
GasProduction1,041,205 Mcf$3,885,496
Total$3,919,929

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 31.6866, -94.2932. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68656, -94.29321 · 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
7,139 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 7,139 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-4193144417,139 ftApr 2009

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 (206)

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

206 months

May 202601,229106.413.05$3,743
Apr 202601,39298.932.87$3,995
Mar 202601,66789.753.15$5,250
Feb 202601,32763.503.75$4,977
Jan 202601,79959.138.00$14,388
Dec 202501,19456.664.41$5,270
Nov 202501,40658.593.93$5,521
Oct 202501,15559.383.30$3,817
Sep 2025051062.743.08$1,569
Aug 202501,31963.933.01$3,976
Jul 202501,16366.743.32$3,856
Jun 202501,17066.483.13$3,661
May 202501,58560.553.23$5,123
Apr 202501,09262.363.54$3,869
Mar 202501,12867.704.27$4,815
Feb 202501,29270.884.34$5,608
Jan 202501,15174.324.28$4,925
Dec 2024086868.993.12$2,709
Nov 202401,49369.052.20$3,282
Oct 202401,70171.372.28$3,881
Sep 202401,67769.612.36$3,965
Aug 202401,72275.632.06$3,554
Jul 202401,70679.932.15$3,662
Jun 202401,63578.082.63$4,307
May 202401,74878.812.20$3,843
Apr 202401,71284.451.66$2,841
Mar 202401,80280.301.55$2,784
Feb 202401,72876.091.78$3,082
Jan 202401,81773.023.30$5,992
Dec 202301,85171.262.61$4,832
Nov 202301,93477.892.81$5,430
Oct 202301,68785.443.09$5,208
Sep 2023092789.042.74$2,535
Aug 2023094480.522.67$2,523
Jul 202301,94374.852.64$5,133
Jun 202301,80668.962.26$4,079
May 202301,88670.622.23$4,201
Apr 202302,00178.122.24$4,478
Mar 202302,13072.852.39$5,097
Feb 202301,42975.112.47$3,523
Jan 202301,95676.533.39$6,626
Dec 202201,51676.415.73$8,685
Nov 202201,76585.005.65$9,966
Oct 202201,77887.185.86$10,426
Sep 202201,65684.888.16$13,519
Aug 202201,92594.529.13$17,570
Jul 202201,768101.587.54$13,334
Jun 202201,822115.097.98$14,534
May 202201,937109.378.43$16,335
Apr 202201,925104.226.84$13,162
Mar 202202,006108.885.08$10,183
Feb 202201,90991.054.86$9,276
Jan 202202,11081.844.54$9,575
Dec 202102,09171.323.90$8,153
Nov 202102,10877.435.24$11,039
Oct 202102,23179.795.71$12,748
Sep 202102,15869.865.35$11,547
Aug 202102,28666.024.22$9,648
Jul 202102,23570.783.98$8,900
Jun 202102,08569.493.38$7,049
May 202102,32863.483.02$7,025
Apr 202102,18360.362.76$6,022
Mar 202102,18561.302.72$5,937
Feb 202101,98357.805.55$11,002
Jan 202102,48150.412.81$6,972
Dec 202002,44944.642.68$6,552
Nov 202002,27838.772.71$6,166
Oct 202002,18336.972.48$5,410
Sep 202002,10837.091.99$4,197
Aug 202002,18339.982.39$5,207
Jul 202002,22938.371.83$4,068
Jun 202002,20534.901.69$3,727
May 202002,28016.921.81$4,138
Apr 202002,28014.751.80$4,114
Mar 202002,20530.341.86$4,093
Feb 202002,17749.881.98$4,312
Jan 202002,26457.252.09$4,742
Dec 201902,17659.012.30$5,014
Nov 201902,14255.302.75$5,892
Oct 201902,32853.472.42$5,630
Sep 201902,26755.052.66$6,024
Aug 201902,38353.112.30$5,491
Jul 201902,37356.272.46$5,838
Jun 201902,33752.782.49$5,822
May 201902,43158.482.74$6,662
Apr 201902,21662.632.75$6,096
Mar 201902,02456.803.06$6,198
Feb 201902,01550.852.79$5,626
Jan 201902,36846.033.23$7,644
Dec 201802,46046.594.19$10,296
Nov 201802,43052.934.24$10,296
Oct 201802,59261.443.40$8,808
Sep 201802,54159.543.11$7,897
Aug 201802,70959.403.07$8,307
Jul 201802,74765.142.93$8,054
Jun 201802,67960.183.08$8,243
May 201802,80465.382.90$8,134
Apr 201802,64663.842.90$7,676
Mar 201802,82261.222.79$7,864
Feb 201802,58661.782.77$7,153
Jan 201802,83262.874.01$11,354
Dec 201702,92157.272.92$8,534
Nov 201702,85555.423.12$8,903
Oct 201702,94949.292.98$8,799
Sep 201702,85547.523.09$8,814
Aug 201702,93445.373.00$8,815
Jul 201702,97443.873.09$9,182
Jun 201702,97442.493.09$9,182
May 201703,12945.373.26$10,211
Apr 201703,01847.933.21$9,693
Mar 20171193,25346.772.98$15,272
Feb 201703,07350.452.95$9,073
Jan 201702,79449.413.42$9,552
Dec 201603,30648.763.72$12,308
Nov 201603,09042.492.64$8,171
Oct 201603,58246.193.09$11,069
Sep 201603,18741.553.10$9,882
Aug 201603,55441.442.92$10,393
Jul 201603,54141.622.92$10,355
Jun 201603,40845.352.69$9,153
May 201603,08542.521.99$6,142
Apr 201603,77036.561.99$7,506
Mar 201603,80833.011.79$6,832
Feb 201643,81326.472.06$7,975
Jan 201604,24527.352.36$10,037
Dec 201504,12932.362.00$8,264
Nov 201504,18438.792.17$9,068
Oct 201504,30543.552.43$10,446
Sep 201504,13142.992.76$11,395
Aug 201504,12540.162.87$11,849
Jul 201504,26148.152.95$12,549
Jun 201504,26256.152.88$12,287
May 201504,59955.212.96$13,592
Apr 201504,28849.822.71$11,606
Mar 201504,77642.892.93$14,016
Feb 201504,07944.662.98$12,140
Jan 201504,38043.433.10$13,581
Dec 201404,48854.693.59$16,118
Nov 201404,63070.464.25$19,686
Oct 201404,36378.303.90$17,020
Sep 201404,50586.164.05$18,225
Aug 201404,74689.394.04$19,151
Jul 201404,82896.564.18$20,179
Jun 201404,34098.164.74$20,558
May 201404,46094.734.73$21,080
Apr 201403,80995.944.81$18,318
Mar 201404,32295.895.06$21,855
Feb 201404,23597.406.19$26,223
Jan 201404,34090.404.86$21,096
Dec 201304,67091.824.35$20,335
Nov 201304,44088.853.74$16,598
Oct 201304,84897.423.78$18,322
Sep 201304,793104.113.72$17,819
Aug 201305,411104.253.52$19,061
Jul 201305,517102.523.72$20,511
Jun 201305,69894.403.93$22,413
May 201305,73894.834.15$23,807
Apr 201305,47293.964.28$23,434
Mar 201306,04793.623.91$23,661
Feb 201305,50891.233.42$18,837
Jan 201306,34091.603.42$21,682
Dec 201206,16786.773.42$21,092
Nov 201206,01986.953.62$21,819
Oct 201206,20489.383.40$21,092
Sep 201206,46594.672.92$18,867
Aug 201206,95992.662.91$20,238
Jul 201206,20385.133.02$18,738
Jun 201206,46679.822.52$16,288
May 201206,25491.612.49$15,562
Apr 201206,961101.652.00$13,900
Mar 201205,688105.052.22$12,639
Feb 201206,435101.102.57$16,539
Jan 201207,14498.092.73$19,532
Dec 201107,16996.873.24$23,226
Nov 201107,28095.723.31$24,106
Oct 201107,89584.983.65$28,805
Sep 201108,10683.623.99$32,309
Aug 201108,69883.404.15$36,091
Jul 201108,90194.144.52$40,208
Jun 201108,54092.904.64$39,625
May 201109,32698.134.40$41,079
Apr 201109,366105.964.33$40,586
Mar 2011010,01996.364.06$40,650
Feb 201109,22285.644.18$38,548
Jan 2011010,44486.504.59$47,925
Dec 2010010,81985.734.35$47,038
Nov 2010010,29380.843.80$39,065
Oct 201020210,54078.103.51$52,760
Sep 2010011,21172.633.98$44,614
Aug 2010011,77373.684.42$52,029
Jul 2010012,72772.554.74$60,281
Jun 2010013,05770.364.91$64,115
May 2010014,14271.124.24$59,894
Apr 2010015,60881.694.12$64,347
Mar 2010016,84978.394.39$73,945
Feb 2010015,81973.585.44$86,093
Jan 2010019,81274.365.96$118,161
Dec 2009022,46171.445.48$123,171
Nov 2009023,92674.593.75$89,758
Oct 200917925,17272.544.11$116,448
Sep 2009022,68965.543.06$69,536
Aug 2009027,24867.423.22$87,698
Jul 2009032,92661.133.46$114,072
Jun 2009039,11666.163.90$152,357
May 2009058,88854.743.93$231,180
Apr 200901,11146.773.59$3,986

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                1,229 Mcf  × $  3.05 =     $3,743

────────────────────────────────────────────────────
Month total                                   $3,743

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/248317 is the state's own key, not one this site invented.