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 251598District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Jun 2009 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
204
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 Gas112010-08-31199326
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
CondensateDisposition165 bbl$12,250
GasProduction798,562 Mcf$3,198,422
Total$3,210,672

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 31.6765, -94.2458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67653, -94.24581 · 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
7,091 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 7,091 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-4193146447,091 ftJan 2010

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 (204)

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

204 months

May 20260429106.413.05$1,307
Apr 2026045198.932.87$1,294
Mar 2026039989.753.15$1,257
Feb 2026040663.503.75$1,523
Jan 2026043559.138.00$3,479
Dec 2025053056.664.41$2,339
Nov 2025029258.593.93$1,147
Oct 2025024859.383.30$820
Sep 2025034862.743.08$1,071
Aug 2025038763.933.01$1,167
Jul 2025043666.743.32$1,445
Jun 2025041066.483.13$1,283
May 2025054460.553.23$1,758
Apr 2025054362.363.54$1,924
Mar 2025049467.704.27$2,109
Feb 2025051370.884.34$2,227
Jan 2025060774.324.28$2,597
Dec 2024057868.993.12$1,804
Nov 2024057669.052.20$1,266
Oct 2024057771.372.28$1,316
Sep 2024059869.612.36$1,414
Aug 2024148675.632.06$1,079
Jul 2024057579.932.15$1,234
Jun 2024055478.082.63$1,459
May 2024045978.812.20$1,009
Apr 2024070284.451.66$1,165
Mar 202401,23980.301.55$1,914
Feb 202401,15976.091.78$2,067
Jan 202401,29173.023.30$4,257
Dec 202301,45971.262.61$3,809
Nov 2023090377.892.81$2,535
Oct 2023062885.443.09$1,939
Sep 2023059989.042.74$1,638
Aug 2023061980.522.67$1,655
Jul 2023061574.852.64$1,625
Jun 2023053268.962.26$1,202
May 2023059770.622.23$1,330
Apr 2023055478.122.24$1,240
Mar 2023052672.852.39$1,259
Feb 2023048575.112.47$1,196
Jan 2023060276.533.39$2,039
Dec 2022061876.415.73$3,541
Nov 2022060785.005.65$3,427
Oct 2022064987.185.86$3,806
Sep 2022066584.888.16$5,429
Aug 2022074494.529.13$6,791
Jul 20220787101.587.54$5,936
Jun 20220720115.097.98$5,744
May 20220781109.378.43$6,586
Apr 20220745104.226.84$5,094
Mar 20220819108.885.08$4,158
Feb 2022062391.054.86$3,027
Jan 2022069981.844.54$3,172
Dec 2021076771.323.90$2,991
Nov 2021072777.435.24$3,807
Oct 2021066879.795.71$3,817
Sep 2021071169.865.35$3,805
Aug 2021069266.024.22$2,921
Jul 2021080070.783.98$3,186
Jun 2021079769.493.38$2,694
May 2021071063.483.02$2,143
Apr 2021082560.362.76$2,276
Mar 2021076561.302.72$2,078
Feb 2021055957.805.55$3,101
Jan 2021079250.412.81$2,226
Dec 2020084644.642.68$2,263
Nov 2020083938.772.71$2,271
Oct 2020092036.972.48$2,280
Sep 2020095837.091.99$1,907
Aug 2020099439.982.39$2,371
Jul 202001,00138.371.83$1,827
Jun 2020097034.901.69$1,640
May 202001,02716.921.81$1,864
Apr 2020098714.751.80$1,781
Mar 202001,02930.341.86$1,910
Feb 2020090549.881.98$1,793
Jan 202001,09457.252.09$2,292
Dec 201901,12459.012.30$2,590
Nov 201901,16655.302.75$3,207
Oct 201901,20553.472.42$2,914
Sep 201901,18155.052.66$3,138
Aug 201901,25853.112.30$2,899
Jul 201901,24256.272.46$3,055
Jun 201901,25252.782.49$3,119
May 201901,37258.482.74$3,760
Apr 201901,25662.632.75$3,455
Mar 201901,36356.803.06$4,174
Feb 201901,03450.852.79$2,887
Jan 201901,15146.033.23$3,716
Dec 201801,13846.594.19$4,763
Nov 201801,22352.934.24$5,182
Oct 201801,30661.443.40$4,438
Sep 201801,30759.543.11$4,062
Aug 201801,43259.403.07$4,391
Jul 201801,51565.142.93$4,442
Jun 201801,61060.183.08$4,954
May 201801,38965.382.90$4,029
Apr 201801,23363.842.90$3,577
Mar 201801,51661.222.79$4,225
Feb 201801,25261.782.77$3,463
Jan 201801,36362.874.01$5,465
Dec 201701,58157.272.92$4,619
Nov 2017383,03955.423.12$11,583
Oct 201704,07049.292.98$12,144
Sep 201702,87147.523.09$8,864
Aug 201703,66345.373.00$11,005
Jul 201704,37743.873.09$13,513
Jun 201703,45142.493.09$10,654
May 201701,33745.373.26$4,363
Apr 201701,64247.933.21$5,273
Mar 201701,61346.772.98$4,813
Feb 201701,50050.452.95$4,429
Jan 201701,62149.413.42$5,542
Dec 201601,99848.763.72$7,438
Nov 201601,78042.492.64$4,707
Oct 201602,49946.193.09$7,723
Sep 201602,59041.553.10$8,031
Aug 201602,26741.442.92$6,629
Jul 201601,56841.622.92$4,585
Jun 201601,51245.352.69$4,061
May 201601,59042.521.99$3,166
Apr 201601,63836.561.99$3,261
Mar 201601,77833.011.79$3,190
Feb 201621,74226.472.06$3,648
Jan 201601,96727.352.36$4,651
Dec 201501,90432.362.00$3,811
Nov 201501,87338.792.17$4,059
Oct 201502,06943.552.43$5,021
Sep 201502,03542.992.76$5,613
Aug 201502,02440.162.87$5,814
Jul 201502,06648.152.95$6,085
Jun 201502,01856.152.88$5,818
May 201502,06355.212.96$6,097
Apr 201502,01549.822.71$5,454
Mar 201501,88242.892.93$5,523
Feb 201501,74844.662.98$5,202
Jan 201502,11143.433.10$6,545
Dec 201402,00154.693.59$7,186
Nov 201401,69470.464.25$7,203
Oct 201402,52878.303.90$9,862
Sep 201402,52986.164.05$10,231
Aug 201402,74089.394.04$11,056
Jul 201402,72596.564.18$11,389
Jun 201402,56398.164.74$12,141
May 201402,71194.734.73$12,814
Apr 201402,71595.944.81$13,057
Mar 201402,83495.895.06$14,331
Feb 201402,45697.406.19$15,208
Jan 201402,92290.404.86$14,203
Dec 201303,01691.824.35$13,133
Nov 201303,00788.853.74$11,241
Oct 201303,08697.423.78$11,663
Sep 201302,838104.113.72$10,551
Aug 201303,118104.253.52$10,984
Jul 201303,189102.523.72$11,856
Jun 201303,19294.403.93$12,555
May 201303,22894.834.15$13,393
Apr 201303,32793.964.28$14,248
Mar 201303,62593.623.91$14,184
Feb 201303,53291.233.42$12,079
Jan 201303,55091.603.42$12,141
Dec 201203,95886.773.42$13,537
Nov 201204,08886.953.62$14,819
Oct 201204,76289.383.40$16,189
Sep 201205,00994.672.92$14,618
Aug 201204,98792.662.91$14,503
Jul 201204,96185.133.02$14,986
Jun 201204,94379.822.52$12,452
May 201205,42991.612.49$13,509
Apr 201205,515101.652.00$11,012
Mar 201205,987105.052.22$13,304
Feb 201206,091101.102.57$15,655
Jan 201206,39898.092.73$17,493
Dec 201107,41496.873.24$24,019
Nov 201108,19695.723.31$27,139
Oct 2011828,27184.983.65$37,145
Sep 201109,93183.623.99$39,583
Aug 201108,99983.404.15$37,340
Jul 201109,91094.144.52$44,766
Jun 2011010,14192.904.64$47,053
May 2011011,70398.134.40$51,550
Apr 2011012,537105.964.33$54,326
Mar 2011013,71696.364.06$55,650
Feb 2011013,98285.644.18$58,444
Jan 2011016,57186.504.59$76,041
Dec 2010018,17485.734.35$79,016
Nov 2010019,84680.843.80$75,322
Oct 2010023,76278.103.51$83,378
Sep 2010027,79972.633.98$110,625
Aug 2010029,50973.684.42$130,411
Jul 20104224,16172.554.74$117,485
Jun 2010029,07170.364.91$142,750
May 2010027,94371.124.24$118,345
Apr 2010041,18681.694.12$169,797
Mar 2010049,74678.394.39$218,319
Feb 2010083,12573.585.44$452,396
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0

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                  429 Mcf  × $  3.05 =     $1,307

────────────────────────────────────────────────────
Month total                                   $1,307

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/251598 is the state's own key, not one this site invented.