BUCHANAN -G-

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

Operated by PARSLEY ENERGY OPERATIONS, LLC (P-5 642652) 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 26331District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – May 2019

Value, last 12 filed months

at the published price for each month

Months reported

317

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	1	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	21,021 bbl	$877,680
Casinghead gas	Production	71,530 Mcf	$263,503
Total			$1,141,182

17,941 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 (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 31.9753, -101.8915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97533, -101.89150 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,150 ft

1 wells filed one

Completion to plug

35.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 9,150 ft.

Completions filed

Jan 1981

1 of 1 wells

Plug dates filed

Mar 2016

1 of 1 wells

Last completion to plug: a median of 35.2 years across the 1 well that filed both dates, with the middle half between 35.2 years and 35.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32930946	1	9,150 ft	Jan 1981	Mar 2016	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 (317)

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

317 months


May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	98	26.47	2.06	$202
Jan 2016	0	130	27.35	2.36	$307
Dec 2015	0	133	32.36	2.00	$266
Nov 2015	167	134	38.79	2.17	$6,768
Oct 2015	0	147	43.55	2.43	$357
Sep 2015	0	128	42.99	2.76	$353
Aug 2015	180	141	40.16	2.87	$7,634
Jul 2015	0	151	48.15	2.95	$445
Jun 2015	0	150	56.15	2.88	$432
May 2015	0	160	55.21	2.96	$473
Apr 2015	166	157	49.82	2.71	$8,695
Mar 2015	0	160	42.89	2.93	$470
Feb 2015	0	146	44.66	2.98	$435
Jan 2015	171	171	43.43	3.10	$7,957
Dec 2014	0	157	54.69	3.59	$564
Nov 2014	0	145	70.46	4.25	$617
Oct 2014	0	149	78.30	3.90	$581
Sep 2014	180	134	86.16	4.05	$16,051
Aug 2014	0	110	89.39	4.04	$444
Jul 2014	0	108	96.56	4.18	$451
Jun 2014	212	120	98.16	4.74	$21,378
May 2014	0	160	94.73	4.73	$756
Apr 2014	0	161	95.94	4.81	$774
Mar 2014	194	177	95.89	5.06	$19,498
Feb 2014	0	166	97.40	6.19	$1,028
Jan 2014	0	134	90.40	4.86	$651
Dec 2013	151	163	91.82	4.35	$14,575
Nov 2013	0	180	88.85	3.74	$673
Oct 2013	0	186	97.42	3.78	$703
Sep 2013	201	184	104.11	3.72	$21,610
Aug 2013	0	189	104.25	3.52	$666
Jul 2013	0	189	102.52	3.72	$703
Jun 2013	248	191	94.40	3.93	$24,162
May 2013	0	191	94.83	4.15	$792
Apr 2013	0	189	93.96	4.28	$809
Mar 2013	0	195	93.62	3.91	$763
Feb 2013	0	177	91.23	3.42	$605
Jan 2013	241	180	91.60	3.42	$22,691
Dec 2012	0	168	86.77	3.42	$575
Nov 2012	0	163	86.95	3.62	$591
Oct 2012	0	159	89.38	3.40	$541
Sep 2012	218	66	94.67	2.92	$20,831
Aug 2012	0	23	92.66	2.91	$67
Jul 2012	0	81	85.13	3.02	$245
Jun 2012	0	176	79.82	2.52	$443
May 2012	226	219	91.61	2.49	$21,249
Apr 2012	0	96	101.65	2.00	$192
Mar 2012	0	186	105.05	2.22	$413
Feb 2012	0	145	101.10	2.57	$373
Jan 2012	196	184	98.09	2.73	$19,729
Dec 2011	0	188	96.87	3.24	$609
Nov 2011	0	186	95.72	3.31	$616
Oct 2011	0	200	84.98	3.65	$730
Sep 2011	178	183	83.62	3.99	$15,614
Aug 2011	0	175	83.40	4.15	$726
Jul 2011	0	189	94.14	4.52	$854
Jun 2011	0	187	92.90	4.64	$868
May 2011	0	212	98.13	4.40	$934
Apr 2011	174	193	105.96	4.33	$19,273
Mar 2011	0	214	96.36	4.06	$868
Feb 2011	0	191	85.64	4.18	$798
Jan 2011	266	214	86.50	4.59	$23,991
Dec 2010	0	213	85.73	4.35	$926
Nov 2010	0	214	80.84	3.80	$812
Oct 2010	0	225	78.10	3.51	$790
Sep 2010	0	217	72.63	3.98	$864
Aug 2010	207	218	73.68	4.42	$16,215
Jul 2010	0	229	72.55	4.74	$1,085
Jun 2010	0	65	70.36	4.91	$319
May 2010	0	228	71.12	4.24	$966
Apr 2010	0	220	81.69	4.12	$907
Mar 2010	216	226	78.39	4.39	$17,924
Feb 2010	0	203	73.58	5.44	$1,105
Jan 2010	0	224	74.36	5.96	$1,336
Dec 2009	234	225	71.44	5.48	$17,951
Nov 2009	0	204	74.59	3.75	$765
Oct 2009	0	223	72.54	4.11	$917
Sep 2009	0	237	65.54	3.06	$726
Aug 2009	0	238	67.42	3.22	$766
Jul 2009	254	177	61.13	3.46	$16,140
Jun 2009	0	232	66.16	3.90	$904
May 2009	0	248	54.74	3.93	$974
Apr 2009	0	234	46.77	3.59	$839
Mar 2009	258	246	42.14	4.06	$11,871
Feb 2009	0	224	32.81	4.63	$1,038
Jan 2009	0	249	35.86	5.37	$1,337
Dec 2008	0	252	37.10	5.98	$1,506
Nov 2008	233	238	55.49	6.86	$14,562
Oct 2008	0	252	75.24	6.92	$1,744
Sep 2008	0	215	101.76	7.88	$1,694
Aug 2008	0	229	114.22	8.48	$1,943
Jul 2008	221	235	131.08	11.39	$31,645
Jun 2008	0	241	131.33	13.03	$3,141
May 2008	0	263	123.17	11.57	$3,044
Apr 2008	165	257	110.31	10.45	$20,888
Mar 2008	0	262	101.90	9.66	$2,532
Feb 2008	0	249	92.53	8.77	$2,184
Jan 2008	208	259	90.38	8.21	$20,924
Dec 2007	0	258	88.33	7.30	$1,884
Nov 2007	0	254	91.67	7.29	$1,852
Oct 2007	165	277	82.85	6.92	$15,588
Sep 2007	0	267	75.84	6.24	$1,667
Aug 2007	184	253	69.06	6.39	$14,323
Jul 2007	0	169	70.90	6.39	$1,080
Jun 2007	182	226	62.00	7.55	$12,990
May 2007	0	272	58.74	7.85	$2,134
Apr 2007	0	273	59.61	7.81	$2,131
Mar 2007	250	278	56.92	7.30	$16,260
Feb 2007	0	254	55.10	8.22	$2,087
Jan 2007	0	269	50.30	6.73	$1,810
Dec 2006	277	278	56.65	6.92	$17,615
Nov 2006	0	264	54.20	7.62	$2,011
Oct 2006	0	293	54.90	6.01	$1,762
Sep 2006	248	288	60.08	5.04	$16,351
Aug 2006	0	295	68.71	7.34	$2,165
Jul 2006	0	273	69.37	6.34	$1,732
Jun 2006	238	272	66.28	6.38	$17,511
May 2006	0	292	66.01	6.42	$1,876
Apr 2006	0	307	64.39	7.36	$2,260
Mar 2006	258	298	56.70	7.08	$16,739
Feb 2006	0	275	57.59	7.75	$2,132
Jan 2006	0	308	60.59	8.93	$2,751
Dec 2005	0	307	54.94	13.42	$4,119
Nov 2005	253	322	54.69	10.59	$17,246
Oct 2005	0	296	58.34	13.80	$4,084
Sep 2005	0	231	61.45	12.08	$2,790
Aug 2005	261	323	61.51	9.80	$19,218
Jul 2005	0	302	55.69	7.84	$2,369
Jun 2005	0	302	52.33	7.38	$2,229
May 2005	220	313	45.22	6.65	$12,030
Apr 2005	0	306	49.20	7.36	$2,252
Mar 2005	0	309	50.37	7.15	$2,211
Feb 2005	249	285	45.22	6.31	$13,059
Jan 2005	0	317	43.16	6.32	$2,004
Dec 2004	0	310	39.86	6.75	$2,093
Nov 2004	225	306	45.28	6.33	$12,125
Oct 2004	0	334	49.70	6.52	$2,176
Sep 2004	0	321	43.24	5.28	$1,696
Aug 2004	150	239	42.37	5.55	$7,682
Jul 2004	0	296	38.28	6.08	$1,801
Jun 2004	216	91	36.10	6.43	$8,383
May 2004	0	301	37.48	6.49	$1,955
Apr 2004	0	337	34.47	5.86	$1,974
Mar 2004	168	348	34.36	5.53	$7,697
Feb 2004	0	323	32.45	5.51	$1,780
Jan 2004	157	346	32.03	6.30	$7,208
Dec 2003	0	335	30.26	6.30	$2,111
Nov 2003	144	331	28.80	4.60	$5,668
Oct 2003	137	351	28.17	4.76	$5,530
Sep 2003	0	324	26.31	4.75	$1,539
Aug 2003	155	319	29.76	5.13	$6,249
Jul 2003	264	249	29.41	5.17	$9,052
Jun 2003	0	226	28.56	5.98	$1,352
May 2003	0	282	26.59	5.97	$1,684
Apr 2003	183	361	26.67	5.41	$6,833
Mar 2003	0	179	31.14	6.10	$1,091
Feb 2003	234	277	33.48	7.93	$10,030
Jan 2003	0	379	30.31	5.58	$2,116
Dec 2002	204	321	26.91	4.85	$7,048
Nov 2002	0	353	24.66	4.14	$1,460
Oct 2002	0	357	26.46	4.23	$1,510
Sep 2002	195	361	27.44	3.64	$6,663
Aug 2002	191	403	25.96	3.16	$6,234
Jul 2002	0	361	24.58	3.06	$1,105
Jun 2002	0	360	23.73	3.34	$1,202
May 2002	188	382	24.66	3.58	$6,005
Apr 2002	0	334	23.65	3.51	$1,173
Mar 2002	177	366	22.00	3.10	$5,030
Feb 2002	241	292	18.22	2.38	$5,085
Jan 2002	0	334	17.17	2.38	$793
Dec 2001	0	135	16.93	2.36	$319
Nov 2001	269	233	18.07	2.41	$5,421
Oct 2001	0	257	19.78	2.53	$650
Sep 2001	0	261	24.26	2.25	$588
Aug 2001	0	102	24.87	3.05	$311
Jul 2001	266	131	23.93	3.20	$6,784
Jun 2001	0	137	24.56	3.82	$524
May 2001	0	217	25.52	4.31	$935
Apr 2001	205	324	24.68	5.34	$6,788
Mar 2001	247	259	24.54	5.38	$7,454
Feb 2001	0	259	27.75	5.77	$1,494
Jan 2001	268	218	27.47	8.40	$9,193
Dec 2000	0	275	26.88	9.12	$2,509
Nov 2000	0	230	32.21	5.66	$1,301
Oct 2000	0	262	31.23	5.15	$1,348
Sep 2000	163	189	31.87	5.19	$6,175
Aug 2000	0	165	29.64	4.54	$749
Jul 2000	0	139	28.53	4.09	$568
Jun 2000	240	302	29.30	4.40	$8,360
May 2000	0	262	27.26	3.68	$964
Apr 2000	229	277	24.51	3.12	$6,476
Mar 2000	0	180	28.42	2.86	$515
Feb 2000	265	268	27.62	2.73	$8,050
Jan 2000	1	279	25.27	2.48	$717
Dec 1999	238	320	24.28	2.42	$6,554
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	84	9.20	1.77	$149
Nov 1998	0	160	10.89	2.19	$350
Oct 1998	340	200	12.42	1.97	$4,617
Sep 1998	0	283	12.59	2.08	$589
Aug 1998	0	321	11.30	1.91	$612
Jul 1998	211	275	11.74	2.24	$3,092
Jun 1998	0	363	11.24	2.24	$812
May 1998	0	424	12.62	2.21	$935
Apr 1998	256	266	13.04	2.51	$4,005
Mar 1998	0	366	12.80	2.31	$845
Feb 1998	0	281	13.95	2.30	$646
Jan 1998	254	372	14.70	2.15	$4,535
Dec 1997	0	314	16.32	2.41	$757
Nov 1997	205	343	18.19	3.09	$4,788
Oct 1997	0	363	19.25	3.15	$1,143
Sep 1997	204	409	17.74	2.95	$4,828
Aug 1997	0	486	17.86	2.55	$1,242
Jul 1997	0	471	17.58	2.25	$1,058
Jun 1997	112	520	17.24	2.26	$3,105
May 1997	243	476	18.97	2.31	$5,709
Apr 1997	0	441	17.88	2.08	$919
Mar 1997	256	347	18.95	1.94	$5,524
Feb 1997	0	370	20.49	2.21	$816
Jan 1997	0	368	23.48	3.54	$1,303
Dec 1996	242	361	23.32	—	$5,643
Nov 1996	270	386	21.97	—	$5,932
Oct 1996	0	445	23.31	—	$0
Sep 1996	0	469	22.22	—	$0
Aug 1996	245	491	20.26	—	$4,964
Jul 1996	0	344	19.55	—	$0
Jun 1996	0	573	18.73	—	$0
May 1996	249	717	19.43	—	$4,838
Apr 1996	0	297	21.51	—	$0
Mar 1996	0	265	19.38	—	$0
Feb 1996	248	330	16.98	—	$4,211
Jan 1996	0	252	17.07	—	$0
Dec 1995	233	350	17.19	—	$4,005
Nov 1995	0	355	16.00	—	$0
Oct 1995	208	335	15.43	—	$3,209
Sep 1995	0	552	16.18	—	$0
Aug 1995	200	509	15.92	—	$3,184
Jul 1995	0	368	15.24	—	$0
Jun 1995	197	435	16.41	—	$3,233
May 1995	0	300	17.56	—	$0
Apr 1995	199	396	17.73	—	$3,528
Mar 1995	1	470	16.44	—	$16
Feb 1995	258	391	16.58	—	$4,278
Jan 1995	0	366	15.92	—	$0
Dec 1994	182	369	15.03	—	$2,735
Nov 1994	1	368	15.90	—	$16
Oct 1994	209	377	15.58	—	$3,256
Sep 1994	0	352	15.29	—	$0
Aug 1994	197	373	16.13	—	$3,178
Jul 1994	0	378	17.56	—	$0
Jun 1994	203	368	17.09	—	$3,469
May 1994	0	361	15.88	—	$0
Apr 1994	187	378	14.14	—	$2,644
Mar 1994	0	386	12.46	—	$0
Feb 1994	264	341	12.50	—	$3,300
Jan 1994	0	355	12.66	—	$0
Dec 1993	232	333	12.33	—	$2,861
Nov 1993	0	320	14.49	—	$0
Oct 1993	190	296	15.85	—	$3,012
Sep 1993	1	368	15.03	—	$15
Aug 1993	234	208	15.66	—	$3,664
Jul 1993	0	365	15.46	—	$0
Jun 1993	237	339	16.79	—	$3,979
May 1993	1	332	17.68	—	$18
Apr 1993	234	345	18.05	—	$4,224
Mar 1993	0	289	18.14	—	$0
Feb 1993	248	298	17.90	—	$4,439
Jan 1993	0	285	16.93	—	$0

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.

Feb 2016 — as filed, then multipliedworked

Oil                    0 bbl  × $ 26.47 =         $0
Casinghead gas        98 Mcf  × $  2.06 =       $202

────────────────────────────────────────────────────
Month total                                     $202

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/26331 is the state's own key, not one this site invented.