BUCHANAN -F-

Name: BUCHANAN -F- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21939District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$5.6 M

Jan 1993 – May 2018

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

305

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	134,979 bbl	$4,218,035
Casinghead gas	Production	393,129 Mcf	$1,386,705
Total			$5,604,740

81,368 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (6)

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 31.9383, -101.9067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.93810, -101.90705 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

6 of 6 wells

With a plug date

100.0%

6 of 6 wells

Median depth

8,963 ft

6 wells filed one

Completion to plug

24.3 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

6100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 8,930 and 9,000 ft, median 8,963 ft, over the 6 wells that filed a depth.

Completions filed

Sep 1983 – Jan 1998

3 of 6 wells; 3 filed none

Plug dates filed

Apr 1983 – Feb 2018

6 of 6 wells

Last completion to plug: a median of 24.3 years across the 3 wells that filed both dates, with the middle half between 22.3 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-32930076	1	8,930 ft	—	Apr 2013	Yes
42-32930078	2	8,975 ft	—	Apr 1983	Yes
42-32930079	3	9,000 ft	—	Sep 1985	Yes
42-32933824	5	8,950 ft	Jan 1998	Feb 2018	Yes
42-32931536	4	9,000 ft	Nov 1985	Mar 2010	Yes
42-32931143	2 X	8,940 ft	Sep 1983	Mar 2010	Yes

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 (305)

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

305 months


May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	128	61.22	2.79	$357
Feb 2018	123	128	61.78	2.77	$7,953
Jan 2018	0	128	62.87	4.01	$513
Dec 2017	0	128	57.27	2.92	$374
Nov 2017	0	128	55.42	3.12	$399
Oct 2017	0	128	49.29	2.98	$382
Sep 2017	0	128	47.52	3.09	$395
Aug 2017	0	128	45.37	3.00	$385
Jul 2017	0	128	43.87	3.09	$395
Jun 2017	0	128	42.49	3.09	$395
May 2017	0	128	45.37	3.26	$418
Apr 2017	0	128	47.93	3.21	$411
Mar 2017	178	128	46.77	2.98	$8,707
Feb 2017	5	133	50.45	2.95	$645
Jan 2017	1	132	49.41	3.42	$501
Dec 2016	180	139	48.76	3.72	$9,294
Nov 2016	168	139	42.49	2.64	$7,506
Oct 2016	2	148	46.19	3.09	$550
Sep 2016	181	153	41.55	3.10	$7,995
Aug 2016	170	130	41.44	2.92	$7,425
Jul 2016	1	136	41.62	2.92	$439
Jun 2016	2	128	45.35	2.69	$434
May 2016	0	136	42.52	1.99	$271
Apr 2016	3	131	36.56	1.99	$371
Mar 2016	183	151	33.01	1.79	$6,312
Feb 2016	9	161	26.47	2.06	$570
Jan 2016	185	138	27.35	2.36	$5,386
Dec 2015	0	144	32.36	2.00	$288
Nov 2015	148	144	38.79	2.17	$6,053
Oct 2015	1	162	43.55	2.43	$437
Sep 2015	168	198	42.99	2.76	$7,768
Aug 2015	182	362	40.16	2.87	$8,349
Jul 2015	1	446	48.15	2.95	$1,362
Jun 2015	174	439	56.15	2.88	$11,036
May 2015	173	268	55.21	2.96	$10,343
Apr 2015	183	391	49.82	2.71	$10,175
Mar 2015	12	316	42.89	2.93	$1,442
Feb 2015	181	352	44.66	2.98	$9,131
Jan 2015	185	223	43.43	3.10	$8,726
Dec 2014	5	185	54.69	3.59	$938
Nov 2014	183	171	70.46	4.25	$13,621
Oct 2014	186	296	78.30	3.90	$15,718
Sep 2014	2	254	86.16	4.05	$1,200
Aug 2014	172	402	89.39	4.04	$16,997
Jul 2014	175	467	96.56	4.18	$18,850
Jun 2014	1	493	98.16	4.74	$2,433
May 2014	183	322	94.73	4.73	$18,858
Apr 2014	193	421	95.94	4.81	$20,541
Mar 2014	177	504	95.89	5.06	$19,521
Feb 2014	0	384	97.40	6.19	$2,378
Jan 2014	177	364	90.40	4.86	$17,770
Dec 2013	185	401	91.82	4.35	$18,733
Nov 2013	186	384	88.85	3.74	$17,962
Oct 2013	181	293	97.42	3.78	$18,740
Sep 2013	1	210	104.11	3.72	$885
Aug 2013	170	165	104.25	3.52	$18,304
Jul 2013	0	318	102.52	3.72	$1,182
Jun 2013	180	323	94.40	3.93	$18,262
May 2013	182	440	94.83	4.15	$19,085
Apr 2013	0	235	93.96	4.28	$1,006
Mar 2013	187	183	93.62	3.91	$18,223
Feb 2013	0	231	91.23	3.42	$790
Jan 2013	175	262	91.60	3.42	$16,926
Dec 2012	0	231	86.77	3.42	$790
Nov 2012	182	294	86.95	3.62	$16,891
Oct 2012	183	303	89.38	3.40	$17,387
Sep 2012	0	283	94.67	2.92	$826
Aug 2012	158	261	92.66	2.91	$15,399
Jul 2012	185	299	85.13	3.02	$16,652
Jun 2012	179	292	79.82	2.52	$15,023
May 2012	0	198	91.61	2.49	$493
Apr 2012	184	238	101.65	2.00	$19,179
Mar 2012	0	234	105.05	2.22	$520
Feb 2012	177	205	101.10	2.57	$18,422
Jan 2012	183	242	98.09	2.73	$18,612
Dec 2011	0	245	96.87	3.24	$794
Nov 2011	0	162	95.72	3.31	$536
Oct 2011	175	128	84.98	3.65	$15,339
Sep 2011	0	128	83.62	3.99	$510
Aug 2011	0	128	83.40	4.15	$531
Jul 2011	0	128	94.14	4.52	$578
Jun 2011	0	217	92.90	4.64	$1,007
May 2011	180	616	98.13	4.40	$20,377
Apr 2011	186	636	105.96	4.33	$22,465
Mar 2011	191	540	96.36	4.06	$20,596
Feb 2011	185	520	85.64	4.18	$18,017
Jan 2011	185	573	86.50	4.59	$18,632
Dec 2010	187	641	85.73	4.35	$18,818
Nov 2010	185	575	80.84	3.80	$17,138
Oct 2010	360	703	78.10	3.51	$30,583
Sep 2010	179	554	72.63	3.98	$15,205
Aug 2010	183	639	73.68	4.42	$16,307
Jul 2010	182	663	72.55	4.74	$16,344
Jun 2010	180	690	70.36	4.91	$16,053
May 2010	182	811	71.12	4.24	$16,379
Apr 2010	180	638	81.69	4.12	$17,334
Mar 2010	181	822	78.39	4.39	$17,796
Feb 2010	364	574	73.58	5.44	$29,907
Jan 2010	173	793	74.36	5.96	$17,594
Dec 2009	184	833	71.44	5.48	$17,713
Nov 2009	363	905	74.59	3.75	$30,471
Oct 2009	180	640	72.54	4.11	$15,688
Sep 2009	182	882	65.54	3.06	$14,631
Aug 2009	177	817	67.42	3.22	$14,563
Jul 2009	361	988	61.13	3.46	$25,491
Jun 2009	184	968	66.16	3.90	$15,944
May 2009	177	802	54.74	3.93	$12,837
Apr 2009	182	263	46.77	3.59	$9,456
Mar 2009	373	258	42.14	4.06	$16,765
Feb 2009	0	294	32.81	4.63	$1,362
Jan 2009	370	279	35.86	5.37	$14,767
Dec 2008	181	282	37.10	5.98	$8,401
Nov 2008	170	271	55.49	6.86	$11,292
Oct 2008	178	316	75.24	6.92	$15,580
Sep 2008	333	307	101.76	7.88	$36,304
Aug 2008	178	268	114.22	8.48	$22,605
Jul 2008	183	297	131.08	11.39	$27,370
Jun 2008	184	316	131.33	13.03	$28,283
May 2008	353	966	123.17	11.57	$54,660
Apr 2008	179	1,021	110.31	10.45	$30,420
Mar 2008	354	1,016	101.90	9.66	$45,891
Feb 2008	177	930	92.53	8.77	$24,534
Jan 2008	684	901	90.38	8.21	$69,213
Dec 2007	0	840	88.33	7.30	$6,134
Nov 2007	177	801	91.67	7.29	$22,066
Oct 2007	357	916	82.85	6.92	$35,918
Sep 2007	0	965	75.84	6.24	$6,026
Aug 2007	353	1,074	69.06	6.39	$31,239
Jul 2007	356	1,098	70.90	6.39	$32,254
Jun 2007	180	1,029	62.00	7.55	$18,927
May 2007	354	1,117	58.74	7.85	$29,558
Apr 2007	351	1,065	59.61	7.81	$29,236
Mar 2007	363	1,078	56.92	7.30	$28,533
Feb 2007	356	1,018	55.10	8.22	$27,979
Jan 2007	175	1,007	50.30	6.73	$15,576
Dec 2006	178	885	56.65	6.92	$16,207
Nov 2006	365	1,128	54.20	7.62	$28,376
Oct 2006	183	1,276	54.90	6.01	$17,720
Sep 2006	364	1,093	60.08	5.04	$27,375
Aug 2006	361	1,356	68.71	7.34	$34,757
Jul 2006	360	1,335	69.37	6.34	$33,441
Jun 2006	179	1,214	66.28	6.38	$19,614
May 2006	182	1,085	66.01	6.42	$18,985
Apr 2006	175	1,020	64.39	7.36	$18,776
Mar 2006	367	1,225	56.70	7.08	$29,485
Feb 2006	371	1,168	57.59	7.75	$30,419
Jan 2006	179	1,269	60.59	8.93	$22,182
Dec 2005	367	1,252	54.94	13.42	$36,959
Nov 2005	364	1,172	54.69	10.59	$32,317
Oct 2005	365	1,329	58.34	13.80	$39,629
Sep 2005	185	1,151	61.45	12.08	$25,271
Aug 2005	367	1,108	61.51	9.80	$33,429
Jul 2005	549	1,546	55.69	7.84	$42,700
Jun 2005	364	1,730	52.33	7.38	$31,817
May 2005	552	1,625	45.22	6.65	$35,770
Apr 2005	553	1,542	49.20	7.36	$38,557
Mar 2005	373	1,448	50.37	7.15	$29,148
Feb 2005	558	1,364	45.22	6.31	$33,842
Jan 2005	546	1,639	43.16	6.32	$33,927
Dec 2004	524	1,435	39.86	6.75	$30,574
Nov 2004	360	1,673	45.28	6.33	$26,892
Oct 2004	374	1,849	49.70	6.52	$30,634
Sep 2004	375	1,361	43.24	5.28	$23,406
Aug 2004	552	1,973	42.37	5.55	$34,340
Jul 2004	552	1,996	38.28	6.08	$33,275
Jun 2004	356	1,651	36.10	6.43	$23,473
May 2004	560	2,039	37.48	6.49	$34,231
Apr 2004	557	1,856	34.47	5.86	$30,073
Mar 2004	556	1,753	34.36	5.53	$28,799
Feb 2004	378	1,600	32.45	5.51	$21,081
Jan 2004	369	1,833	32.03	6.30	$23,366
Dec 2003	766	1,876	30.26	6.30	$35,001
Nov 2003	387	1,879	28.80	4.60	$19,780
Oct 2003	571	2,011	28.17	4.76	$25,657
Sep 2003	559	2,058	26.31	4.75	$24,481
Aug 2003	556	2,314	29.76	5.13	$28,417
Jul 2003	555	2,403	29.41	5.17	$28,748
Jun 2003	566	2,319	28.56	5.98	$30,039
May 2003	555	1,751	26.59	5.97	$25,216
Apr 2003	384	2,332	26.67	5.41	$22,851
Mar 2003	778	2,377	31.14	6.10	$38,717
Feb 2003	385	1,937	33.48	7.93	$28,242
Jan 2003	762	2,230	30.31	5.58	$35,544
Dec 2002	570	2,089	26.91	4.85	$25,478
Nov 2002	560	2,148	24.66	4.14	$22,696
Oct 2002	573	1,889	26.46	4.23	$23,150
Sep 2002	727	2,053	27.44	3.64	$27,412
Aug 2002	564	2,431	25.96	3.16	$22,334
Jul 2002	749	2,854	24.58	3.06	$27,149
Jun 2002	752	2,827	23.73	3.34	$27,282
May 2002	745	2,453	24.66	3.58	$27,163
Apr 2002	749	2,775	23.65	3.51	$27,461
Mar 2002	762	2,693	22.00	3.10	$25,120
Feb 2002	571	1,875	18.22	2.38	$14,858
Jan 2002	949	2,525	17.17	2.38	$22,293
Dec 2001	951	2,795	16.93	2.36	$22,709
Nov 2001	558	2,592	18.07	2.41	$16,318
Oct 2001	1,129	3,153	19.78	2.53	$30,305
Sep 2001	757	3,080	24.26	2.25	$25,299
Aug 2001	944	3,187	24.87	3.05	$33,208
Jul 2001	744	1,623	23.93	3.20	$22,993
Jun 2001	942	3,407	24.56	3.82	$36,164
May 2001	747	3,459	25.52	4.31	$33,962
Apr 2001	901	2,817	24.68	5.34	$37,266
Mar 2001	765	3,049	24.54	5.38	$35,166
Feb 2001	958	2,749	27.75	5.77	$42,438
Jan 2001	1,136	2,393	27.47	8.40	$51,304
Dec 2000	1,331	2,648	26.88	9.12	$59,934
Nov 2000	963	2,213	32.21	5.66	$43,539
Oct 2000	937	2,890	31.23	5.15	$44,133
Sep 2000	1,318	3,167	31.87	5.19	$58,430
Aug 2000	1,321	3,396	29.64	4.54	$54,575
Jul 2000	939	2,120	28.53	4.09	$35,460
Jun 2000	921	1,882	29.30	4.40	$35,261
May 2000	944	2,321	27.26	3.68	$34,274
Apr 2000	745	1,964	24.51	3.12	$24,380
Mar 2000	911	2,070	28.42	2.86	$31,810
Feb 2000	763	2,107	27.62	2.73	$26,819
Jan 2000	1,139	2,450	25.27	2.48	$34,860
Dec 1999	1,151	3,222	24.28	2.42	$35,756
Nov 1999	1,116	3,629	23.19	2.43	$34,713
Oct 1999	957	3,378	20.98	2.80	$29,549
Sep 1999	1,138	3,817	21.75	2.62	$34,748
Aug 1999	1,126	3,836	19.26	2.88	$32,718
Jul 1999	1,326	4,359	17.89	2.37	$34,063
Jun 1999	1,436	3,304	15.94	2.36	$30,694
May 1999	1,490	3,655	15.79	2.32	$32,010
Apr 1999	1,489	3,732	15.10	2.21	$30,724
Mar 1999	1,463	2,523	12.47	1.84	$22,882
Feb 1999	377	1,149	9.98	1.82	$5,851
Jan 1999	370	1,279	10.38	1.90	$6,271
Dec 1998	749	1,443	9.20	1.77	$9,450
Nov 1998	375	1,456	10.89	2.19	$7,266
Oct 1998	737	1,835	12.42	1.97	$12,767
Sep 1998	682	1,787	12.59	2.08	$12,308
Aug 1998	742	1,809	11.30	1.91	$11,835
Jul 1998	369	1,676	11.74	2.24	$8,082
Jun 1998	374	1,670	11.24	2.24	$7,940
May 1998	745	2,116	12.62	2.21	$14,071
Apr 1998	753	1,971	13.04	2.51	$14,757
Mar 1998	731	1,908	12.80	2.31	$13,763
Feb 1998	752	1,810	13.95	2.30	$14,652
Jan 1998	1,793	3,495	14.70	2.15	$33,888
Dec 1997	1,283	3,818	16.32	2.41	$30,144
Nov 1997	4	3,141	18.19	3.09	$9,773
Oct 1997	1,089	1,797	19.25	3.15	$26,623
Sep 1997	747	1,112	17.74	2.95	$16,538
Aug 1997	715	1,861	17.86	2.55	$17,524
Jul 1997	371	1,889	17.58	2.25	$10,767
Jun 1997	734	1,927	17.24	2.26	$17,004
May 1997	737	1,820	18.97	2.31	$18,182
Apr 1997	729	1,926	17.88	2.08	$17,046
Mar 1997	734	1,775	18.95	1.94	$17,351
Feb 1997	737	1,690	20.49	2.21	$18,829
Jan 1997	729	1,732	23.48	3.54	$23,248
Dec 1996	746	1,674	23.32	—	$17,397
Nov 1996	741	1,771	21.97	—	$16,280
Oct 1996	742	1,829	23.31	—	$17,296
Sep 1996	370	1,818	22.22	—	$8,221
Aug 1996	710	2,075	20.26	—	$14,385
Jul 1996	710	1,593	19.55	—	$13,881
Jun 1996	737	1,853	18.73	—	$13,804
May 1996	744	1,960	19.43	—	$14,456
Apr 1996	367	1,700	21.51	—	$7,894
Mar 1996	734	897	19.38	—	$14,225
Feb 1996	744	850	16.98	—	$12,633
Jan 1996	750	699	17.07	—	$12,803
Dec 1995	756	658	17.19	—	$12,996
Nov 1995	755	687	16.00	—	$12,080
Oct 1995	761	691	15.43	—	$11,742
Sep 1995	717	676	16.18	—	$11,601
Aug 1995	432	1,464	15.92	—	$6,877
Jul 1995	647	1,601	15.24	—	$9,860
Jun 1995	694	1,441	16.41	—	$11,389
May 1995	703	1,376	17.56	—	$12,345
Apr 1995	726	1,580	17.73	—	$12,872
Mar 1995	724	1,391	16.44	—	$11,903
Feb 1995	760	1,216	16.58	—	$12,601
Jan 1995	747	1,199	15.92	—	$11,892
Dec 1994	362	1,368	15.03	—	$5,441
Nov 1994	737	1,480	15.90	—	$11,718
Oct 1994	705	1,638	15.58	—	$10,984
Sep 1994	716	1,532	15.29	—	$10,948
Aug 1994	728	1,626	16.13	—	$11,743
Jul 1994	745	1,935	17.56	—	$13,082
Jun 1994	734	2,205	17.09	—	$12,544
May 1994	736	2,292	15.88	—	$11,688
Apr 1994	375	2,230	14.14	—	$5,303
Mar 1994	1,115	2,416	12.46	—	$13,893
Feb 1994	364	1,732	12.50	—	$4,550
Jan 1994	755	2,231	12.66	—	$9,558
Dec 1993	379	2,162	12.33	—	$4,673
Nov 1993	753	2,077	14.49	—	$10,911
Oct 1993	748	2,177	15.85	—	$11,856
Sep 1993	728	2,031	15.03	—	$10,942
Aug 1993	722	2,288	15.66	—	$11,307
Jul 1993	730	2,243	15.46	—	$11,286
Jun 1993	358	2,197	16.79	—	$6,011
May 1993	704	2,020	17.68	—	$12,447
Apr 1993	739	1,908	18.05	—	$13,339
Mar 1993	733	2,458	18.14	—	$13,297
Feb 1993	734	2,133	17.90	—	$13,139
Jan 1993	755	2,290	16.93	—	$12,782

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.

Mar 2018 — as filed, then multipliedworked

Oil                    0 bbl  × $ 61.22 =         $0
Casinghead gas       128 Mcf  × $  2.79 =       $357

────────────────────────────────────────────────────
Month total                                     $357

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/O/21939 is the state's own key, not one this site invented.