BUCHANAN 31

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 37868District 08Field 04605222OilCasinghead gasSaveExport
Value, all time
$6.3 M
May 2006 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
241
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
OilDisposition22,562 bbl$1,628,330
Casinghead gasProduction909,411 Mcf$4,690,294
Total$6,318,624

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 31.9577, -101.9243. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95774, -101.92426 · 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
11,431 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 11,431 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-329354431H11,431 ftMay 2006

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 (241)

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

241 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 2025016559.383.30$545
Sep 202502,19862.743.08$6,763
Aug 20251882,94863.933.01$20,906
Jul 202504,43266.743.32$14,693
Jun 202501,84066.483.13$5,757
May 20251827,11660.553.23$34,021
Apr 20251887,98562.363.54$40,015
Mar 202505,61667.704.27$23,971
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 2023190071.262.61$13,539
Nov 20230077.892.81$0
Oct 202303,34985.443.09$10,339
Sep 202304,17689.042.74$11,422
Aug 20231874,06880.522.67$25,931
Jul 20231884,31474.852.64$25,469
Jun 202314,29568.962.26$9,769
May 20231854,94070.622.23$24,068
Apr 202325,06278.122.24$11,484
Mar 20231975,77272.852.39$28,165
Feb 202305,74475.112.47$14,163
Jan 20232497,70776.533.39$45,165
Dec 20223799,26776.415.73$82,051
Nov 20222029,51985.005.65$70,916
Oct 202219010,67987.185.86$79,183
Sep 20223783,85484.888.16$63,547
Aug 2022186094.529.13$17,581
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 20212063.483.02$127
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 201902462.632.75$66
Mar 201901,59856.803.06$4,893
Feb 201902,60050.852.79$7,260
Jan 20191735,05346.033.23$24,275
Dec 20181876,88846.594.19$37,542
Nov 20181898,92252.934.24$47,808
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201801,36965.142.93$4,014
Jun 2018023560.183.08$723
May 2018074065.382.90$2,147
Apr 201803,15163.842.90$9,140
Mar 20181725,32261.222.79$25,361
Feb 20181693,71261.782.77$20,709
Jan 2018055362.874.01$2,217
Dec 201703,64757.272.92$10,655
Nov 20171835,81255.423.12$28,266
Oct 20171808,63449.292.98$34,633
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017020443.873.09$630
Jun 201701,18942.493.09$3,671
May 201703,54445.373.26$11,565
Apr 20171804,15247.933.21$21,962
Mar 201704,55946.772.98$13,603
Feb 20171804,49050.452.95$22,338
Jan 20171795,77549.413.42$28,588
Dec 201607,03648.763.72$26,194
Nov 20161828,74442.492.64$30,855
Oct 201637312,50746.193.09$55,879
Sep 201605,51941.553.10$17,112
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 20153394,52842.992.76$27,064
Aug 201509,29040.162.87$26,685
Jul 20151825,95148.152.95$26,289
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 2015096243.433.10$2,983
Dec 201405,22154.693.59$18,750
Nov 20140070.464.25$0
Oct 2014039078.303.90$1,521
Sep 201403,00486.164.05$12,153
Aug 201403,69589.394.04$14,910
Jul 20141753,71096.564.18$32,404
Jun 201403,55098.164.74$16,816
May 20141773,28894.734.73$32,308
Apr 201403,15395.944.81$15,163
Mar 20141583,19295.895.06$31,292
Feb 20141752,73597.406.19$33,980
Jan 201403,55590.404.86$17,280
Dec 201302,75491.824.35$11,992
Nov 20133623,88688.853.74$46,691
Oct 201304,69897.423.78$17,755
Sep 201302,580104.113.72$9,592
Aug 201302,094104.253.52$7,376
Jul 201304,223102.523.72$15,700
Jun 20131674,13194.403.93$32,014
May 20131784,16994.834.15$34,177
Apr 201303,94893.964.28$16,908
Mar 20133664,17093.623.91$50,582
Feb 201304,08991.233.42$13,984
Jan 201305,19391.603.42$17,760
Dec 201205,02586.773.42$17,186
Nov 20120086.953.62$0
Oct 20121822,91989.383.40$26,191
Sep 201204,27494.672.92$12,473
Aug 20121794,54292.662.91$29,795
Jul 201204,43385.133.02$13,391
Jun 20121744,16679.822.52$24,383
May 201204,68491.612.49$11,655
Apr 20123594,532101.652.00$45,542
Mar 201205,111105.052.22$11,357
Feb 201202,666101.102.57$6,852
Jan 201203,45198.092.73$9,435
Dec 20113633,97096.873.24$48,026
Nov 201104,20995.723.31$13,937
Oct 201104,44384.983.65$16,210
Sep 20111884,73283.623.99$34,581
Aug 20111775,20883.404.15$36,371
Jul 201103,64894.144.52$16,479
Jun 201102,29992.904.64$10,667
May 201104,30698.134.40$18,967
Apr 20113605,156105.964.33$60,488
Mar 201105,16796.364.06$20,964
Feb 201102,49485.644.18$10,425
Jan 20111814,36486.504.59$35,682
Dec 20101784,57885.734.35$35,164
Nov 201004,64880.843.80$17,641
Oct 201004,97078.103.51$17,439
Sep 20101824,68872.633.98$31,874
Aug 201005,41373.684.42$23,922
Jul 20101706,42872.554.74$42,780
Jun 20101725,75670.364.91$40,366
May 201007,02571.124.24$29,752
Apr 201001981.694.12$78
Mar 20101724,29478.394.39$32,328
Feb 20101804,59073.585.44$38,225
Jan 201006,12374.365.96$36,518
Dec 20091766,47471.445.48$48,075
Nov 20091816,27374.593.75$37,034
Oct 20091825,97072.544.11$37,740
Sep 200905,97665.543.06$18,315
Aug 20091806,26667.423.22$32,303
Jul 20091806,28361.133.46$32,771
Jun 20091816,10466.163.90$35,750
May 200906,60754.743.93$25,937
Apr 20093526,28746.773.59$39,018
Mar 20091826,96242.144.06$35,928
Feb 200906,56032.814.63$30,392
Jan 20093738,02635.865.37$56,483
Dec 20081818,39737.105.98$56,905
Nov 200805,75455.496.86$39,475
Oct 20081833,93575.246.92$41,007
Sep 20081886,505101.767.88$70,371
Aug 200806,852114.228.48$58,126
Jul 20083787,341131.0811.39$133,158
Jun 200807,564131.3313.03$98,579
May 20081867,741123.1711.57$112,506
Apr 20081827,640110.3110.45$99,952
Mar 20081808,193101.909.66$97,520
Feb 20081818,14292.538.77$88,158
Jan 20083699,00690.388.21$107,251
Dec 20071909,62688.337.30$87,071
Nov 20071929,72291.677.29$88,491
Oct 200737110,25482.856.92$101,715
Sep 200720310,49275.846.24$80,909
Aug 200738011,36769.066.39$98,855
Jul 200719210,12270.906.39$78,272
Jun 200737610,87962.007.55$105,432
May 200718411,07658.747.85$97,714
Apr 200737610,93459.617.81$107,755
Mar 200718512,52856.927.30$102,009
Feb 200738113,12955.108.22$128,861
Jan 200737015,83050.306.73$125,097
Dec 200653316,82956.656.92$146,625
Nov 200656017,35354.207.62$162,538
Oct 200637017,73754.906.01$126,980
Sep 200656718,06060.085.04$125,037
Aug 200673916,10268.717.34$168,964
Jul 200671317,75869.376.34$162,096
Jun 200672813,20766.286.38$132,564
May 200604,03366.016.42$25,912

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.

Oct 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 59.38 =         $0
Casinghead gas       165 Mcf  × $  3.30 =       $545

────────────────────────────────────────────────────
Month total                                     $545

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/37868 is the state's own key, not one this site invented.