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 292126District 08Field 71052900CondensateGasSave
Value, all time
$27.9 M
Jun 2021 – May 2026
Value, last 12 filed months
$2.2 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
CondensateDisposition287,785 bbl$22,546,935
GasProduction1,283,087 Mcf$5,305,850
Total$27,852,784

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 31.4243, -103.5461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42425, -103.54609 · 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
10,172 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 10,172 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-38938563S 3H10,172 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 20261,4663,169106.413.05$165,649
Apr 20262,1147,12098.932.87$229,570
Mar 20262,1157,45489.753.15$213,297
Feb 20261,8438,10563.503.75$147,427
Jan 20262,1895,41259.138.00$172,720
Dec 20252,5406,08456.664.41$170,767
Nov 20252,34914,32058.593.93$193,855
Oct 20252,00714,80759.383.30$168,110
Sep 20252,18413,92862.743.08$179,880
Aug 20252,11515,84563.933.01$182,981
Jul 20252,09514,98166.743.32$189,485
Jun 20252,24922,16866.483.13$218,871
May 20252,67218,08660.553.23$220,249
Apr 20252,71216,13962.363.54$226,303
Mar 20252,66114,89867.704.27$243,739
Feb 20252,40414,04270.884.34$231,350
Jan 20252,82115,89674.324.28$277,671
Dec 20242,73914,46068.993.12$234,099
Nov 20242,57515,13669.052.20$211,079
Oct 20243,18119,79271.372.28$272,181
Sep 20242,99616,97569.612.36$248,687
Aug 20242,72015,90875.632.06$238,542
Jul 2024209379.932.15$16,712
Jun 20242,23012,38378.082.63$206,735
May 20243,00317,13578.812.20$274,337
Apr 20243,00716,75384.451.66$281,738
Mar 20243,34119,08180.301.55$297,765
Feb 20243,53420,12876.091.78$304,803
Jan 20243,45419,24573.023.30$315,675
Dec 20233,64819,97871.262.61$312,113
Nov 20233,52718,76077.892.81$327,388
Oct 20233,65218,23085.443.09$368,308
Sep 20233,92520,46889.042.74$405,463
Aug 20234,20222,58480.522.67$398,709
Jul 20233,78020,65774.852.64$337,505
Jun 20233,98121,12368.962.26$322,236
May 20234,31222,63570.622.23$354,931
Apr 20234,39722,67278.122.24$394,228
Mar 20234,59622,42272.852.39$388,478
Feb 20234,27420,59775.112.47$371,806
Jan 20234,39319,69676.533.39$402,921
Dec 20224,00519,81476.415.73$419,538
Nov 20224,80422,85685.005.65$537,390
Oct 20225,38223,95887.185.86$609,687
Sep 20223,87715,79684.888.16$458,033
Aug 20224,62316,52794.529.13$587,811
Jul 20224,60717,956101.587.54$603,405
Jun 20225,88526,506115.097.98$888,748
May 20226,50729,275109.378.43$958,548
Apr 20226,90630,721104.226.84$929,801
Mar 20227,78932,940108.885.08$1,015,283
Feb 20226,61827,58591.054.86$736,600
Jan 20228,50835,09081.844.54$855,522
Dec 20219,85240,14871.323.90$859,187
Nov 202110,66841,81177.435.24$1,044,981
Oct 202111,84544,35679.795.71$1,198,557
Sep 202113,71448,61069.865.35$1,218,168
Aug 202119,29863,40166.024.22$1,541,644
Jul 202123,85872,09670.783.98$1,975,761
Jun 20218,82724,36669.493.38$695,760

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         1,466 bbl  × $106.41 =   $155,997
Gas                3,169 Mcf  × $  3.05 =     $9,652

────────────────────────────────────────────────────
Month total                                 $165,649

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/292126 is the state's own key, not one this site invented.