BORDERS 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 248354District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Mar 2009 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
207
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 Gas112009-08-31194058
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
CondensateDisposition340 bbl$25,058
GasProduction1,083,275 Mcf$4,131,736
Total$4,156,794

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 31.6734, -94.2421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67343, -94.24211 · 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
7,095 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 7,095 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-4193143027,095 ftMar 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 (207)

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

207 months

May 202601,732106.413.05$5,275
Apr 202601,12098.932.87$3,214
Mar 2026066489.753.15$2,091
Feb 2026083263.503.75$3,120
Jan 202601,33859.138.00$10,701
Dec 2025042656.664.41$1,880
Nov 2025035258.593.93$1,382
Oct 2025042059.383.30$1,388
Sep 2025049862.743.08$1,532
Aug 2025024463.933.01$736
Jul 2025038166.743.32$1,263
Jun 2025051166.483.13$1,599
May 202501,41160.553.23$4,561
Apr 2025069362.363.54$2,455
Mar 2025049167.704.27$2,096
Feb 2025048470.884.34$2,101
Jan 2025061274.324.28$2,619
Dec 2024064968.993.12$2,026
Nov 202401,14469.052.20$2,515
Oct 202401,17271.372.28$2,674
Sep 202401,11969.612.36$2,646
Aug 2024665575.632.06$1,805
Jul 2024068379.932.15$1,466
Jun 202401,27378.082.63$3,353
May 2024096678.812.20$2,124
Apr 2024085484.451.66$1,417
Mar 202401,16880.301.55$1,805
Feb 202401,26276.091.78$2,251
Jan 202401,36973.023.30$4,515
Dec 202301,30871.262.61$3,415
Nov 202301,21577.892.81$3,411
Oct 202301,23785.443.09$3,819
Sep 202301,19989.042.74$3,279
Aug 202301,19980.522.67$3,205
Jul 2023080274.852.64$2,119
Jun 2023082968.962.26$1,872
May 202301,62470.622.23$3,617
Apr 202301,72578.122.24$3,860
Mar 202301,73072.852.39$4,140
Feb 2023019275.112.47$473
Jan 2023099576.533.39$3,371
Dec 202201,34876.415.73$7,723
Nov 202201,35485.005.65$7,645
Oct 202201,14787.185.86$6,726
Sep 2022098984.888.16$8,074
Aug 202201,18294.529.13$10,788
Jul 202201,173101.587.54$8,847
Jun 202201,198115.097.98$9,557
May 202201,331109.378.43$11,224
Apr 202201,099104.226.84$7,515
Mar 20220956108.885.08$4,853
Feb 2022097991.054.86$4,757
Jan 202201,04881.844.54$4,755
Dec 202101,17871.323.90$4,593
Nov 202101,17877.435.24$6,169
Oct 202101,30279.795.71$7,439
Sep 202101,22269.865.35$6,539
Aug 202101,50366.024.22$6,344
Jul 202101,38570.783.98$5,515
Jun 2021033769.493.38$1,139
May 202101,02763.483.02$3,099
Apr 202101,20660.362.76$3,327
Mar 202101,27361.302.72$3,459
Feb 2021093557.805.55$5,187
Jan 202101,27650.412.81$3,586
Dec 202001,39644.642.68$3,735
Nov 202001,22638.772.71$3,318
Oct 202001,37636.972.48$3,410
Sep 202001,23237.091.99$2,453
Aug 202001,48839.982.39$3,549
Jul 202001,52438.371.83$2,781
Jun 202001,59034.901.69$2,688
May 202001,75016.921.81$3,176
Apr 202001,82014.751.80$3,284
Mar 202001,45530.341.86$2,701
Feb 202001,64749.881.98$3,262
Jan 202001,69757.252.09$3,555
Dec 201901,80059.012.30$4,148
Nov 201931,70055.302.75$4,842
Oct 201901,71853.472.42$4,155
Sep 201901,64255.052.66$4,363
Aug 2019301,69153.112.30$5,490
Jul 201901,83256.272.46$4,507
Jun 201901,60752.782.49$4,003
May 201901,81058.482.74$4,960
Apr 201901,87062.632.75$5,144
Mar 201901,85356.803.06$5,674
Feb 201901,71350.852.79$4,783
Jan 201901,91346.033.23$6,176
Dec 201801,92246.594.19$8,044
Nov 201801,77852.934.24$7,534
Oct 201801,82361.443.40$6,195
Sep 201801,83459.543.11$5,700
Aug 201801,96259.403.07$6,017
Jul 201801,83265.142.93$5,371
Jun 201801,78360.183.08$5,486
May 201802,03565.382.90$5,903
Apr 201801,98763.842.90$5,764
Mar 201802,03261.222.79$5,663
Feb 201801,99061.782.77$5,505
Jan 201801,84962.874.01$7,413
Dec 201702,16357.272.92$6,319
Nov 201702,16555.423.12$6,751
Oct 201702,42649.292.98$7,238
Sep 201702,03347.523.09$6,276
Aug 201702,02845.373.00$6,093
Jul 201702,15443.873.09$6,650
Jun 201702,00242.493.09$6,181
May 201703,03745.373.26$9,911
Apr 201702,34347.933.21$7,525
Mar 201702,38246.772.98$7,107
Feb 201702,61850.452.95$7,730
Jan 201701,81749.413.42$6,212
Dec 201602,53848.763.72$9,449
Nov 201601,56042.492.64$4,125
Oct 201603,32346.193.09$10,269
Sep 201602,27741.553.10$7,060
Aug 201603,20641.442.92$9,375
Jul 201603,33741.622.92$9,759
Jun 201603,79445.352.69$10,190
May 201603,76142.521.99$7,488
Apr 201601,38836.561.99$2,764
Mar 201602,84033.011.79$5,095
Feb 2016122,51426.472.06$5,506
Jan 201602,80827.352.36$6,639
Dec 201502,75132.362.00$5,506
Nov 201502,74238.792.17$5,943
Oct 201502,99543.552.43$7,268
Sep 201502,82142.992.76$7,782
Aug 201502,67140.162.87$7,672
Jul 201502,44448.152.95$7,198
Jun 201502,96256.152.88$8,539
May 201502,98355.212.96$8,816
Apr 201503,07249.822.71$8,315
Mar 201502,99742.892.93$8,795
Feb 201502,90544.662.98$8,646
Jan 201503,18643.433.10$9,879
Dec 201403,06454.693.59$11,004
Nov 201403,24070.464.25$13,776
Oct 201403,44678.303.90$13,443
Sep 201403,30186.164.05$13,354
Aug 201403,52789.394.04$14,232
Jul 201403,47196.564.18$14,507
Jun 201403,56998.164.74$16,906
May 201403,48594.734.73$16,472
Apr 201403,47295.944.81$16,697
Mar 201403,85295.895.06$19,479
Feb 201403,32697.406.19$20,595
Jan 201403,88390.404.86$18,874
Dec 201303,97191.824.35$17,292
Nov 201303,83588.853.74$14,336
Oct 201304,37897.423.78$16,546
Sep 201304,074104.113.72$15,146
Aug 201304,275104.253.52$15,059
Jul 201304,419102.523.72$16,429
Jun 2013914,51494.403.93$26,346
May 201305,00994.834.15$20,783
Apr 201304,04093.964.28$17,302
Mar 201304,54093.623.91$17,764
Feb 201304,36091.233.42$14,911
Jan 201304,94791.603.42$16,918
Dec 201204,95886.773.42$16,957
Nov 201204,85486.953.62$17,596
Oct 201205,26889.383.40$17,910
Sep 201205,03294.672.92$14,685
Aug 201205,58692.662.91$16,245
Jul 201205,66385.133.02$17,107
Jun 201205,43179.822.52$13,681
May 201205,92191.612.49$14,733
Apr 201205,980101.652.00$11,941
Mar 201205,940105.052.22$13,199
Feb 201205,846101.102.57$15,026
Jan 201206,21598.092.73$16,992
Dec 201106,77196.873.24$21,936
Nov 201106,84095.723.31$22,649
Oct 201107,32384.983.65$26,718
Sep 201107,15483.623.99$28,514
Aug 201107,50483.404.15$31,137
Jul 201108,02394.144.52$36,242
Jun 201108,39892.904.64$38,966
May 201109,14998.134.40$40,300
Apr 201108,832105.964.33$38,272
Mar 201109,91196.364.06$40,212
Feb 201109,61785.644.18$40,199
Jan 2011010,72586.504.59$49,215
Dec 2010010,93485.734.35$47,538
Nov 2010011,44780.843.80$43,445
Oct 2010013,32978.103.51$46,770
Sep 2010013,08572.633.98$52,071
Aug 2010015,72373.684.42$69,486
Jul 201010612,89772.554.74$68,777
Jun 2010016,72470.364.91$82,122
May 2010018,36171.124.24$77,763
Apr 2010020,29081.694.12$83,649
Mar 2010023,78978.394.39$104,402
Feb 20105027,19773.585.44$151,695
Jan 2010018,48774.365.96$110,258
Dec 2009016,42971.445.48$90,093
Nov 2009018,01474.593.75$67,580
Oct 2009020,43472.544.11$83,989
Sep 2009022,07765.543.06$67,660
Aug 2009024,68267.423.22$79,439
Jul 20094231,84961.133.46$112,908
Jun 2009038,30966.163.90$149,214
May 2009054,13254.743.93$212,509
Apr 2009074,25546.773.59$266,390
Mar 2009096,46842.144.06$391,564

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                1,732 Mcf  × $  3.05 =     $5,275

────────────────────────────────────────────────────
Month total                                   $5,275

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/248354 is the state's own key, not one this site invented.