BUZZARD SOUTH 6972

Operated by PDC PERMIAN, INC. (P-5 646832) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291720District 08Field 71052900CondensateGasSave
Value, all time
$37.4 M
Jun 2021 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
60
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition383,003 bbl$30,165,501
GasProduction1,696,000 Mcf$7,224,742
Total$37,390,243

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 31.4196, -103.5424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41957, -103.54239 · 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
10,434 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 10,434 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-38938720A 3H10,434 ftJun 2021

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 (60)

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

60 months

May 20262,2434,920106.413.05$253,663
Apr 20262,5188,61998.932.87$273,840
Mar 20262,5829,25189.753.15$260,870
Feb 20262,35510,14963.503.75$187,605
Jan 20262,6156,49859.138.00$206,595
Dec 20252,6077,60256.664.41$181,263
Nov 20252,54920,25058.593.93$228,856
Oct 20252,41323,37159.383.30$220,521
Sep 20252,68318,11862.743.08$224,079
Aug 20252,48920,30563.933.01$220,336
Jul 20252,58920,97466.743.32$242,323
Jun 20252,81026,16366.483.13$268,666
May 20253,17426,73260.553.23$278,592
Apr 20253,31424,34662.363.54$292,922
Mar 20253,24622,87867.704.27$317,405
Feb 20253,20425,30270.884.34$336,931
Jan 20253,59128,80774.324.28$390,139
Dec 20243,78027,22968.993.12$345,774
Nov 20243,70624,81069.052.20$310,443
Oct 20244,24528,26571.372.28$367,449
Sep 20243,12517,86669.612.36$259,773
Aug 20242704075.632.06$20,503
Jul 20243,57221,67379.932.15$332,033
Jun 20243,26218,96678.082.63$304,653
May 20242,83917,05878.812.20$261,243
Apr 20243,18517,86184.451.66$298,608
Mar 20243,68919,48280.301.55$326,329
Feb 20243,77019,84176.091.78$322,249
Jan 20243,15615,10473.023.30$280,259
Dec 20233,78119,23671.262.61$319,654
Nov 20233,98619,19577.892.81$364,361
Oct 20233,67718,53985.443.09$371,398
Sep 20233,88818,61689.042.74$397,103
Aug 20235,01325,49380.522.67$471,786
Jul 20234,23923,35274.852.64$378,980
Jun 20235,11027,42668.962.26$414,327
May 20235,35229,16570.622.23$442,920
Apr 20235,49928,74878.122.24$493,913
Mar 20236,01729,99372.852.39$510,117
Feb 20234,50122,04675.112.47$392,428
Jan 20235,95226,39976.533.39$544,939
Dec 20225,86327,00276.415.73$602,688
Nov 20226,34328,05485.005.65$697,553
Oct 20227,25434,34087.185.86$833,765
Sep 20227,32733,25884.888.16$893,423
Aug 20227,92936,27994.529.13$1,080,573
Jul 20227,09231,470101.587.54$957,755
Jun 20228,22734,881115.097.98$1,225,098
May 20229,32239,383109.378.43$1,351,666
Apr 20229,38838,945104.226.84$1,244,708
Mar 202211,04544,530108.885.08$1,428,632
Feb 20229,17833,25691.054.86$997,242
Jan 202212,94249,90281.844.54$1,285,613
Dec 202113,76050,68771.323.90$1,178,998
Nov 202114,88752,50177.435.24$1,427,640
Oct 202115,80051,98379.795.71$1,557,706
Sep 202118,78758,37869.865.35$1,624,836
Aug 202125,06177,33766.024.22$1,980,935
Jul 202131,73697,14070.783.98$2,633,093
Jun 202118,46655,98669.493.38$1,472,470

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         2,243 bbl  × $106.41 =   $238,678
Gas                4,920 Mcf  × $  3.05 =    $14,986

────────────────────────────────────────────────────
Month total                                 $253,663

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. 08/G/291720 is the state's own key, not one this site invented.