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 291767District 08Field 71052900CondensateGasSave
Value, all time
$32.0 M
Jun 2021 – May 2026
Value, last 12 filed months
$2.0 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
CondensateDisposition314,808 bbl$24,955,815
GasProduction1,607,781 Mcf$7,031,335
Total$31,987,150

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 31.4204, -103.5431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42044, -103.54315 · 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
10,636 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 10,636 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-38938721A 4H10,636 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 20261,6534,969106.413.05$191,031
Apr 20261,7428,45798.932.87$196,605
Mar 20261,9559,03589.753.15$203,916
Feb 20261,8649,69663.503.75$154,727
Jan 20262,0605,74559.138.00$167,756
Dec 20252,2256,31456.664.41$153,934
Nov 20251,94115,94858.593.93$176,342
Oct 20257355,84859.383.30$62,971
Sep 20252,06816,56662.743.08$180,719
Aug 20251,92918,60663.933.01$179,414
Jul 20252,01914,05866.743.32$181,353
Jun 20252,147066.483.13$142,733
May 20252,29120,16760.553.23$203,906
Apr 20252,52519,91762.363.54$228,027
Mar 20252,46118,59967.704.27$245,996
Feb 20252,52020,85970.884.34$269,163
Jan 20252,67722,93774.324.28$297,095
Dec 20242,97722,18768.993.12$274,637
Nov 20242,75120,12669.052.20$234,202
Oct 20243,13623,64371.372.28$277,755
Sep 20243,15322,64869.612.36$273,028
Aug 20243,65030,23475.632.06$338,441
Jul 20243,20722,33279.932.15$304,273
Jun 20242,94219,71978.082.63$281,651
May 20243,15319,83878.812.20$292,101
Apr 20242,97217,58884.451.66$280,167
Mar 20243,67221,39280.301.55$327,915
Feb 20243,57321,56876.091.78$310,339
Jan 20243,79521,50673.023.30$348,030
Dec 20233,86421,57471.262.61$331,672
Nov 20233,70019,00677.892.81$341,553
Oct 20234,00021,56185.443.09$408,325
Sep 20234,10622,52689.042.74$427,208
Aug 20234,30523,50580.522.67$409,465
Jul 20234,09424,57174.852.64$371,348
Jun 20234,60725,44868.962.26$375,173
May 20234,80526,46670.622.23$398,279
Apr 20234,97425,92478.122.24$446,581
Mar 20235,44428,45472.852.39$464,690
Feb 20235,05127,81575.112.47$447,964
Jan 20235,32124,11476.533.39$488,908
Dec 20225,38324,15176.415.73$549,678
Nov 20225,51825,42185.005.65$612,562
Oct 20226,27732,35487.185.86$736,945
Sep 20226,14741,37984.888.16$859,562
Aug 20226,08639,57194.529.13$936,420
Jul 20226,37741,270101.587.54$959,037
Jun 20227,29049,379115.097.98$1,232,912
May 20227,76947,277109.378.43$1,248,384
Apr 20227,90749,047104.226.84$1,159,431
Mar 20229,15656,392108.885.08$1,283,174
Feb 20227,65141,76991.054.86$899,572
Jan 20229,89456,11781.844.54$1,064,366
Dec 202110,69357,98771.323.90$988,723
Nov 202111,15748,63277.435.24$1,118,565
Oct 202111,70537,31179.795.71$1,147,132
Sep 202114,80349,09269.865.35$1,296,825
Aug 202115,15844,52566.024.22$1,188,653
Jul 202124,99864,46970.783.98$2,026,079
Jun 202112,77530,17269.493.38$989,735

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         1,653 bbl  × $106.41 =   $175,896
Gas                4,969 Mcf  × $  3.05 =    $15,135

────────────────────────────────────────────────────
Month total                                 $191,031

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/291767 is the state's own key, not one this site invented.