BUZZARD NORTH 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 291817District 08Field 71052900CondensateGasSave
Value, all time
$27.9 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
CondensateDisposition287,070 bbl$22,704,133
GasProduction1,313,440 Mcf$5,217,968
Total$27,922,100

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 31.4242, -103.5460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42424, -103.54596 · 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
10,945 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 10,945 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-38938562B 2H10,945 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 20261,6803,049106.413.05$188,056
Apr 20262,3928,60798.932.87$261,340
Mar 20262,3868,07089.753.15$239,559
Feb 20262,0016,98163.503.75$153,244
Jan 20262,0373,68159.138.00$149,888
Dec 20252,1143,71556.664.41$136,175
Nov 20251,7533,58458.593.93$116,781
Oct 20251,4833,32859.383.30$99,059
Sep 20251,8646,34462.743.08$136,467
Aug 20252,0678,48463.933.01$157,721
Jul 20252,08810,24966.743.32$173,331
Jun 20252,12916,56866.483.13$193,373
May 20252,24114,32660.553.23$181,999
Apr 20252,59419,08562.363.54$229,382
Mar 20252,51214,05367.704.27$230,045
Feb 20252,18811,71270.884.34$205,925
Jan 20252,44912,36774.324.28$234,924
Dec 20242,62014,36568.993.12$225,592
Nov 20242,37510,00469.052.20$185,987
Oct 20242,0787,85571.372.28$166,227
Sep 20242,1458,40169.612.36$169,176
Aug 20242,91811,67475.632.06$244,779
Jul 20241,2142,50579.932.15$102,412
Jun 202463078.082.63$4,919
May 20248035,90378.812.20$76,262
Apr 20243,73429,55884.451.66$364,379
Mar 20243,40520,41880.301.55$304,970
Feb 202489076.091.78$6,772
Jan 20241,36310,94573.023.30$135,619
Dec 20233,96531,05871.262.61$363,630
Nov 20233,56128,36777.892.81$357,008
Oct 20234,40841,92785.443.09$506,060
Sep 20234,59440,24189.042.74$519,111
Aug 20234,36539,65580.522.67$457,463
Jul 20232,40521,04774.852.64$235,616
Jun 20235,13343,35368.962.26$451,884
May 20235,66148,48670.622.23$507,778
Apr 20235,92854,48478.122.24$585,017
Mar 20235,30535,06872.852.39$470,393
Feb 20235294675.112.47$39,847
Jan 20235,46038,98776.533.39$549,931
Dec 20226,38344,33976.415.73$741,747
Nov 20227,64162,16785.005.65$1,000,492
Oct 20228,03051,70587.185.86$1,003,241
Sep 20223,8876,80084.888.16$385,442
Aug 20224,3887,45094.529.13$482,751
Jul 20223,7908,537101.587.54$449,375
Jun 20226,44717,818115.097.98$884,123
May 20227,32621,151109.378.43$979,612
Apr 20227,55521,601104.226.84$935,081
Mar 20228,28422,072108.885.08$1,014,008
Feb 20226,92117,80491.054.86$716,664
Jan 20228,99022,54981.844.54$838,062
Dec 20219,44523,06971.323.90$763,566
Nov 202110,18130,49877.435.24$948,028
Oct 202111,64143,66979.795.71$1,178,354
Sep 202113,18949,80269.865.35$1,187,870
Aug 202118,00364,99766.024.22$1,462,884
Jul 202124,32273,14470.783.98$2,012,776
Jun 202110,54825,71869.493.38$819,923

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         1,680 bbl  × $106.41 =   $178,769
Gas                3,049 Mcf  × $  3.05 =     $9,287

────────────────────────────────────────────────────
Month total                                 $188,056

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/291817 is the state's own key, not one this site invented.