BUCHANAN-X-

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 33392District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jan 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 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.

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
OilDisposition29,622 bbl$827,799
Casinghead gasProduction84,227 Mcf$270,249
Total$1,098,048

27,107 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 31.9826, -101.8847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98262, -101.88466 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,125 ft
1 wells filed one
Completion to plug
34.8 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 9,125 ft.

Completions filed
Feb 1974
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 34.8 years across the 1 well that filed both dates, with the middle half between 34.8 years and 34.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293026219,125 ftFeb 1974Dec 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 (217)

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

217 months

Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009175035.865.37$6,276
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081210110.3110.45$13,348
Mar 20081180101.909.66$12,024
Feb 20080092.538.77$0
Jan 2008108090.388.21$9,761
Dec 200713024288.337.30$13,250
Nov 200712052791.677.29$14,843
Oct 200713441382.856.92$13,961
Sep 2007032775.846.24$2,042
Aug 200713140269.066.39$11,615
Jul 200712742170.906.39$11,694
Jun 200713041362.007.55$11,178
May 200713446358.747.85$11,504
Apr 200713345659.617.81$11,487
Mar 200712846756.927.30$10,696
Feb 200713642155.108.22$10,953
Jan 200711846750.306.73$9,077
Dec 200614046556.656.92$11,148
Nov 200612742654.207.62$10,128
Oct 200613022754.906.01$8,502
Sep 20061153560.085.04$7,086
Aug 20061329468.717.34$9,760
Jul 200613128769.376.34$10,908
Jun 200612449666.286.38$11,385
May 200613347766.016.42$11,844
Apr 200612247764.397.36$11,367
Mar 200625549556.707.08$17,965
Feb 200613244157.597.75$11,020
Jan 200613048760.598.93$12,227
Dec 200513449254.9413.42$13,962
Nov 200526147754.6910.59$19,325
Oct 200512741058.3413.80$13,065
Sep 200503061.4512.08$362
Aug 2005133061.519.80$8,181
Jul 2005130055.697.84$7,240
Jun 200512811852.337.38$7,569
May 200513338545.226.65$8,575
Apr 200513446849.207.36$10,038
Mar 200513648350.377.15$10,306
Feb 200512739645.226.31$8,242
Jan 200513247643.166.32$8,706
Dec 200425347039.866.75$13,258
Nov 200413343345.286.33$8,763
Oct 200412951849.706.52$9,786
Sep 20045841443.245.28$4,695
Aug 200420819142.375.55$9,873
Jul 200417655738.286.08$10,126
Jun 200413354036.106.43$8,275
May 2004036537.486.49$2,371
Apr 20047837934.475.86$4,909
Mar 200416650334.365.53$8,485
Feb 200411045532.455.51$6,076
Jan 200421048732.036.30$9,794
Dec 20039649130.266.30$5,999
Nov 200316449128.804.60$6,979
Oct 200320750728.174.76$8,244
Sep 20039051826.314.75$4,828
Aug 200324155529.765.13$10,019
Jul 200313153129.415.17$6,598
Jun 2003029828.565.98$1,783
May 20039641526.595.97$5,031
Apr 200310315026.675.41$3,558
Mar 20039425031.146.10$4,451
Feb 20037033833.487.93$5,023
Jan 20038946630.315.58$5,299
Dec 200224846526.914.85$8,931
Nov 200213312224.664.14$3,784
Oct 200210013926.464.23$3,234
Sep 200219613427.443.64$5,865
Aug 200210314225.963.16$3,123
Jul 200221717924.583.06$5,882
Jun 20029827123.733.34$3,230
May 200220111224.663.58$5,358
Apr 200211813723.653.51$3,272
Mar 20021687822.003.10$3,938
Feb 200222627318.222.38$4,766
Jan 200215738417.172.38$3,608
Dec 200116537116.932.36$3,671
Nov 200113744918.072.41$3,556
Oct 200112241519.782.53$3,463
Sep 200115644824.262.25$4,793
Aug 200112618924.873.05$3,711
Jul 200112420523.933.20$3,623
Jun 20019537424.563.82$3,763
May 200112050825.524.31$5,251
Apr 200122980324.685.34$9,936
Mar 200112750124.545.38$5,810
Feb 200110573527.755.77$7,153
Jan 200127444827.478.40$11,289
Dec 200011375826.889.12$9,952
Nov 200011450032.215.66$6,501
Oct 200024073331.235.15$11,267
Sep 200011861731.875.19$6,961
Aug 200010170429.644.54$6,190
Jul 200022962428.534.09$9,085
Jun 200011460129.304.40$5,983
May 200012163227.263.68$5,624
Apr 200011741424.513.12$4,158
Mar 200022763928.422.86$8,279
Feb 200011461227.622.73$4,817
Jan 200017568525.272.48$6,121
Dec 199919041524.282.42$5,619
Nov 199910160123.192.43$3,805
Oct 199912958320.982.80$4,341
Sep 199919546421.752.62$5,456
Aug 199921554419.262.88$5,705
Jul 19999928717.892.37$2,452
Jun 199925165315.942.36$5,543
May 199914476015.792.32$4,038
Apr 199911468015.102.21$3,223
Mar 199922762212.471.84$3,974
Feb 19991235669.981.82$2,256
Jan 199919450710.381.90$2,977
Dec 19982135159.201.77$2,873
Nov 199811161410.892.19$2,551
Oct 199819350712.421.97$3,395
Sep 199820753012.592.08$3,710
Aug 199811751111.301.91$2,297
Jul 199820355111.742.24$3,616
Jun 199827654411.242.24$4,319
May 199821947512.622.21$3,812
Apr 199821151613.042.51$4,044
Mar 1998045712.802.31$1,055
Feb 199821647613.952.30$4,108
Jan 199821559014.702.15$4,432
Dec 199722347316.322.41$4,780
Nov 199720059818.193.09$5,485
Oct 199723353119.253.15$6,158
Sep 1997047317.742.95$1,398
Aug 199713055017.862.55$3,727
Jul 199719949817.582.25$4,617
Jun 19971549817.242.26$2,876
May 199719525618.972.31$4,290
Apr 199721627717.882.08$4,439
Mar 199717349718.951.94$4,242
Feb 199722051920.492.21$5,653
Jan 199716049823.483.54$5,520
Dec 199621955823.32$5,107
Nov 199621942421.97$4,811
Oct 199621462923.31$4,988
Sep 199620137522.22$4,466
Aug 199620258520.26$4,093
Jul 1996149719.55$20
Jun 199618158418.73$3,390
May 199621661619.43$4,197
Apr 199620256621.51$4,345
Mar 199622157119.38$4,283
Feb 199617253716.98$2,921
Jan 199619965317.07$3,397
Dec 199519954217.19$3,421
Nov 199515751416.00$2,512
Oct 199522158515.43$3,410
Sep 199520657416.18$3,333
Aug 199519563015.92$3,104
Jul 199518662715.24$2,835
Jun 199517155116.41$2,806
May 199519653217.56$3,442
Apr 199520955117.73$3,706
Mar 199519352016.44$3,173
Feb 199522147016.58$3,664
Jan 199534253915.92$5,445
Dec 1994056115.03$0
Nov 199435454615.90$5,629
Oct 199420849215.58$3,241
Sep 199418342215.29$2,798
Aug 199418643116.13$3,000
Jul 199421344617.56$3,740
Jun 199416444417.09$2,803
May 199418750415.88$2,970
Apr 199419963614.14$2,814
Mar 199438065512.46$4,735
Feb 199423053812.50$2,875
Jan 199410258312.66$1,291
Dec 199321759212.33$2,676
Nov 199322861814.49$3,304
Oct 199318165615.85$2,869
Sep 199320867715.03$3,126
Aug 199317972615.66$2,803
Jul 199319770615.46$3,046
Jun 199321666916.79$3,627
May 199318468917.68$3,253
Apr 199321663018.05$3,899
Mar 199320656718.14$3,737
Feb 199321451217.90$3,831
Jan 199320957716.93$3,538

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.

Jan 2009 — as filed, then multipliedworked
Oil                  175 bbl  × $ 35.86 =     $6,276
Casinghead gas         0 Mcf  × $  5.37 =         $0

────────────────────────────────────────────────────
Month total                                   $6,276

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/33392 is the state's own key, not one this site invented.