BUCHANAN "B"

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the AZALEA (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24436District 08Field 04605222OilCasinghead gasSaveExport
Value, all time
$5.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 244 leases and 262 wells, and the rule below applies to all of them.

Discovered
1957-03-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-03-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FRO HORIZONTALS

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
OilDisposition32,310 bbl$946,959
Casinghead gasProduction1,196,913 Mcf$4,100,297
Total$5,047,256

288,085 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 (2)

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 31.9489, -101.8995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.94891, -101.89954 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
11,414 ft
2 wells filed one
Completion to plug
47.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 11,388 and 11,440 ft, median 11,414 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1960 – Oct 2012
2 of 2 wells
Plug dates filed
Jun 2008
1 of 2 wells; 1 filed none

Last completion to plug: a median of 47.8 years across the 1 well that filed both dates, with the middle half between 47.8 years and 47.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3290018613311,388 ftOct 2012
42-3290018223311,440 ftAug 1960Jun 2008Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201251086.953.62$4,434
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20121813,04492.662.91$25,624
Jul 20121843,75885.133.02$27,016
Jun 201241,91979.822.52$5,153
May 2012048491.612.49$1,204
Apr 2012056101.652.00$112
Mar 20122119105.052.22$475
Feb 201240101.102.57$404
Jan 20126098.092.73$589
Dec 20116096.873.24$581
Nov 201101295.723.31$40
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20115083.404.15$417
Jul 20114094.144.52$377
Jun 20114092.904.64$372
May 201101,06198.134.40$4,674
Apr 201103,686105.964.33$15,972
Mar 20111803,50996.364.06$31,582
Feb 201101,22685.644.18$5,125
Jan 201103,99486.504.59$18,328
Dec 20101772,66985.734.35$26,778
Nov 201003,63880.843.80$13,807
Oct 201013,92578.103.51$13,850
Sep 201003,85572.633.98$15,341
Aug 20101813,97873.684.42$30,916
Jul 201004,03072.554.74$19,088
Jun 20101963,97370.364.91$33,300
May 201004,40571.124.24$18,656
Apr 201003,35781.694.12$13,840
Mar 20101853,43278.394.39$29,564
Feb 201002,87973.585.44$15,669
Jan 201003,25974.365.96$19,437
Dec 20091793,84371.445.48$33,862
Nov 200903,91774.593.75$14,695
Oct 200904,09772.544.11$16,840
Sep 20091354,03665.543.06$21,217
Aug 200904,13567.423.22$13,309
Jul 20091654,31461.133.46$25,032
Jun 20091788,38666.163.90$44,440
May 200904,39354.743.93$17,246
Apr 200903,93046.773.59$14,099
Mar 20091714,44142.144.06$25,232
Feb 200904,01432.814.63$18,597
Jan 20091854,51035.865.37$30,857
Dec 200804,63237.105.98$27,686
Nov 200804,66255.496.86$31,983
Oct 20081785,39675.246.92$50,744
Sep 200805,055101.767.88$39,819
Aug 20083658,751114.228.48$115,925
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200801,133110.3110.45$11,845
Mar 200834,199101.909.66$40,885
Feb 200803,88892.538.77$34,100
Jan 20081904,11890.388.21$50,963
Dec 200714,08288.337.30$29,895
Nov 200703,84591.677.29$28,037
Oct 20071544,29782.856.92$42,503
Sep 200704,18075.846.24$26,101
Aug 20071604,31769.066.39$38,626
Jul 200704,33570.906.39$27,692
Jun 20071774,16662.007.55$42,421
May 200704,29258.747.85$33,676
Apr 20071564,11859.617.81$41,441
Mar 200704,62556.927.30$33,772
Feb 20071444,06255.108.22$41,308
Jan 200704,18450.306.73$28,145
Dec 20061834,25556.656.92$39,805
Nov 200604,08254.207.62$31,095
Oct 20061724,26954.906.01$35,116
Sep 200604,17660.085.04$21,035
Aug 20061744,36068.717.34$43,958
Jul 20061634,30269.376.34$38,594
Jun 200604,10666.286.38$26,212
May 20061844,31166.016.42$39,844
Apr 200604,19164.397.36$30,848
Mar 20061854,33256.707.08$41,173
Feb 200603,90557.597.75$30,268
Jan 20061884,26960.598.93$49,527
Dec 20051914,04954.9413.42$64,812
Nov 200503,94754.6910.59$41,792
Oct 20051783,34658.3413.80$56,545
Sep 200503,40861.4512.08$41,165
Aug 200504,31261.519.80$42,244
Jul 20051834,29755.697.84$43,895
Jun 200514,33952.337.38$32,079
May 20051534,71045.226.65$38,246
Apr 200503,52349.207.36$25,931
Mar 20052653,77150.377.15$40,329
Feb 200503,89845.226.31$24,604
Jan 200504,08443.166.32$25,820
Dec 20042064,23639.866.75$36,809
Nov 200404,20345.286.33$26,607
Oct 20042094,38049.706.52$38,923
Sep 200404,32043.245.28$22,826
Aug 20041403,87042.375.55$27,413
Jul 200404,03538.286.08$24,550
Jun 20041444,16036.106.43$31,960
May 200404,22737.486.49$27,453
Apr 20041744,09134.475.86$29,965
Mar 200403,91234.365.53$21,634
Feb 20041893,84032.455.51$27,290
Jan 200404,12032.036.30$25,955
Dec 20031854,07230.266.30$31,258
Nov 200304,03728.804.60$18,551
Oct 20031704,21928.174.76$24,870
Sep 200303,58826.314.75$17,041
Aug 20031614,17929.765.13$26,228
Jul 200304,16129.415.17$21,516
Jun 20031674,01628.565.98$28,797
May 200304,08726.595.97$24,410
Apr 20031693,89826.675.41$25,585
Mar 200303,99731.146.10$24,366
Feb 2003863,46133.487.93$30,311
Jan 20031163,84430.315.58$24,973
Dec 20021633,81326.914.85$22,894
Nov 200203,75824.664.14$15,547
Oct 2002823,92126.464.23$18,752
Sep 20021883,55627.443.64$18,085
Aug 200204,03125.963.16$12,755
Jul 20021353,72324.583.06$14,717
Jun 200203,75523.733.34$12,535
May 20021593,77624.663.58$17,454
Apr 200203,70523.653.51$13,013
Mar 20021593,72222.003.10$15,046
Feb 200203,30218.222.38$7,845
Jan 20021723,58917.172.38$11,480
Dec 200103,54316.932.36$8,377
Nov 20012213,44218.072.41$12,273
Oct 200103,54419.782.53$8,962
Sep 200103,45024.262.25$7,767
Aug 20012083,50024.873.05$15,859
Jul 200103,42123.933.20$10,937
Jun 200133,17724.563.82$12,223
May 20012653,15525.524.31$20,352
Apr 200106,41224.685.34$34,210
Mar 20014137,88824.545.38$52,544
Feb 200117,30727.755.77$42,168
Jan 20014238,23927.478.40$80,817
Dec 200018,28726.889.12$75,625
Nov 20003768,10032.215.66$57,941
Oct 200048,28431.235.15$42,750
Sep 20003638,27631.875.19$54,492
Aug 200028,59629.644.54$39,092
Jul 20003518,39128.534.09$44,331
Jun 200028,18629.304.40$36,054
May 20004968,39027.263.68$44,394
Apr 200028,36524.513.12$26,114
Mar 20001798,45428.422.86$29,264
Feb 20001947,79627.622.73$26,614
Jan 20002327,90925.272.48$25,481
Dec 19991818,34824.282.42$24,628
Nov 19992248,15323.192.43$25,039
Oct 19992618,49120.982.80$29,282
Sep 19992217,96221.752.62$25,658
Aug 1999208,69219.262.88$25,380
Jul 19994388,49717.892.37$27,994
Jun 1999228,25615.942.36$19,852
May 19994578,56215.792.32$27,089
Apr 1999308,34015.102.21$18,868
Mar 19995248,70712.471.84$22,541
Feb 1999377,8489.981.82$14,635
Jan 19994588,93710.381.90$21,734
Dec 199847,6439.201.77$13,590
Nov 19984328,63910.892.19$23,587
Oct 19981989,11112.421.97$20,401
Sep 19981608,80412.592.08$20,350
Aug 19984279,15511.301.91$22,287
Jul 199828,67211.742.24$19,425
Jun 19985388,15511.242.24$24,292
May 199828,10812.622.21$17,914
Apr 199867,79513.042.51$19,607
Mar 19984228,11412.802.31$24,140
Feb 199827,42513.952.30$17,099
Jan 19983818,53714.702.15$23,996
Dec 19971258,66816.322.41$22,939
Nov 19973288,46618.193.09$32,112
Oct 19971358,88619.253.15$30,588
Sep 19973868,83817.742.95$32,963
Aug 19972029,27517.862.55$27,303
Jul 19974267,95117.582.25$25,355
Jun 199727,78617.242.26$17,609
May 19973748,05818.972.31$25,697
Apr 19971827,89617.882.08$19,700
Mar 19973498,17618.951.94$22,468
Feb 19972017,14020.492.21$19,869
Jan 19972798,15823.483.54$35,428
Dec 19962757,98423.32$6,413
Nov 19962728,04521.97$5,976
Oct 19962858,35823.31$6,643
Sep 19962638,08222.22$5,844
Aug 19962688,33220.26$5,430
Jul 19963158,76619.55$6,158
Jun 19963008,75118.73$5,619
May 19962808,52419.43$5,440
Apr 19963138,31721.51$6,733
Mar 19963109,04219.38$6,008
Feb 19964138,64416.98$7,013
Jan 199637810,28017.07$6,452
Dec 19953709,51717.19$6,360
Nov 19954549,30716.00$7,264
Oct 199545710,19415.43$7,052
Sep 199546210,89516.18$7,475
Aug 19953669,43615.92$5,827
Jul 19956548,09915.24$9,967
Jun 19952083,55016.41$3,413
May 199523,99017.56$35
Apr 19952094,02317.73$3,706
Mar 199524,03216.44$33
Feb 19954004,58416.58$6,632
Jan 199503,79915.92$0
Dec 19942153,78215.03$3,231
Nov 199413,88815.90$16
Oct 19942764,42615.58$4,300
Sep 199403,73215.29$0
Aug 19945683,81516.13$9,162
Jul 199416,22217.56$18
Jun 199416,15217.09$17
May 19942124,07415.88$3,367
Apr 199414,25214.14$14
Mar 19943784,17412.46$4,710
Feb 199403,99012.50$0
Jan 199414,78512.66$13
Dec 19933563,43612.33$4,389
Nov 199304,05014.49$0
Oct 19932284,71115.85$3,614
Sep 199314,66815.03$15
Aug 19932235,77215.66$3,492
Jul 19931764,16815.46$2,721
Jun 199314,20616.79$17
May 19932394,06617.68$4,226
Apr 19931974,17418.05$3,556
Mar 19932314,03618.14$4,190
Feb 199303,69217.90$0
Jan 19932703,26316.93$4,571

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.

Nov 2012 — as filed, then multipliedworked
Oil                   51 bbl  × $ 86.95 =     $4,434
Casinghead gas         0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                   $4,434

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/24436 is the state's own key, not one this site invented.