BUCHANAN 3111

Operated by BAYSWATER OPERATING COMPANY LLC (P-5 58827) 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 40053District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.7 M
Mar 2010 – May 2026
Value, last 12 filed months
$136 k
at the published price for each month
Months reported
195
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
OilDisposition104,701 bbl$7,538,120
Casinghead gasProduction352,535 Mcf$1,159,439
Total$8,697,558

Wells on this lease (4)

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 32.3732, -101.3411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.37130, -101.34168 · 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%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
9,441 ft
4 wells filed one
Completion to plug
4.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 8,965 and 10,188 ft, median 9,441 ft, over the 4 wells that filed a depth.

Completions filed
Mar 2012 – Dec 2021
4 of 4 wells
Plug dates filed
Jun 2020 – Nov 2021
2 of 4 wells; 2 filed none

Last completion to plug: a median of 4.1 years across the 2 wells that filed both dates, with the middle half between 2.7 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-227413071XD10,188 ftDec 2021
42-2273630218,965 ftJul 2020Nov 2021Yes
42-2273749239,406 ftSep 2013Jun 2020Yes
42-2273642329,475 ftMar 2012

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 (195)

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

195 months

May 20261740106.413.05$18,515
Apr 20260098.932.87$0
Mar 2026181089.753.15$16,245
Feb 20260063.503.75$0
Jan 2026379059.138.00$22,410
Dec 2025191056.664.41$10,822
Nov 2025374058.593.93$21,913
Oct 2025382059.383.30$22,683
Sep 20250062.743.08$0
Aug 2025183063.933.01$11,699
Jul 2025170066.743.32$11,346
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 2024195068.993.12$13,453
Nov 2024194069.052.20$13,396
Oct 2024367071.372.28$26,193
Sep 2024184069.612.36$12,808
Aug 2024364075.632.06$27,529
Jul 2024183079.932.15$14,627
Jun 2024333078.082.63$26,001
May 2024183078.812.20$14,422
Apr 2024349084.451.66$29,473
Mar 2024363080.301.55$29,149
Feb 2024359076.091.78$27,316
Jan 2024186073.023.30$13,582
Dec 2023361071.262.61$25,725
Nov 2023181077.892.81$14,098
Oct 2023185085.443.09$15,806
Sep 2023174089.042.74$15,493
Aug 2023350080.522.67$28,182
Jul 2023363074.852.64$27,171
Jun 20231806768.962.26$12,564
May 20233463170.622.23$24,504
Apr 20233631378.122.24$28,387
Mar 2023372072.852.39$27,100
Feb 2023186075.112.47$13,970
Jan 2023376076.533.39$28,775
Dec 2022187076.415.73$14,289
Nov 2022184085.005.65$15,640
Oct 2022367087.185.86$31,995
Sep 2022371084.888.16$31,490
Aug 20223648494.529.13$35,172
Jul 2022182126101.587.54$19,438
Jun 202235294115.097.98$41,262
May 202251655109.378.43$56,899
Apr 202236017104.226.84$37,635
Mar 202206108.885.08$30
Feb 2022368091.054.86$33,506
Jan 2022357081.844.54$29,217
Dec 20214,436071.323.90$316,376
Nov 2021715577.435.24$55,389
Oct 20210079.795.71$0
Sep 20210669.865.35$32
Aug 2021346366.024.22$22,856
Jul 2021555070.783.98$39,283
Jun 2021367669.493.38$25,523
May 20213621763.483.02$23,031
Apr 20213752760.362.76$22,709
Mar 20215573761.302.72$34,245
Feb 202102957.805.55$161
Jan 202109750.412.81$273
Dec 2020017844.642.68$476
Nov 202055265638.772.71$23,177
Oct 202018153236.972.48$8,010
Sep 20205109737.091.99$19,109
Aug 202036014939.982.39$14,748
Jul 202035916038.371.83$14,067
Jun 202035129434.901.69$12,747
May 202034466916.921.81$7,035
Apr 202033616714.751.80$5,257
Mar 20203646730.341.86$11,168
Feb 202051820949.881.98$26,252
Jan 20203461857.252.09$19,846
Dec 20195438859.012.30$32,245
Nov 20193528755.302.75$19,705
Oct 20195649653.472.42$30,389
Sep 201934411755.052.66$19,248
Aug 201950811253.112.30$27,238
Jul 201917551056.272.46$11,102
Jun 201931696652.782.49$19,085
May 201953137858.482.74$32,089
Apr 20193561,03162.632.75$25,132
Mar 20195351,18356.803.06$34,010
Feb 20193251,21350.852.79$19,913
Jan 20195321,19946.033.23$28,359
Dec 20185271,53746.594.19$30,986
Nov 20185122,19952.934.24$36,418
Oct 20184842,66161.443.40$38,779
Sep 20185302,64859.543.11$39,786
Aug 20184742,57759.403.07$36,058
Jul 20185262,55865.142.93$41,763
Jun 20185012,62860.183.08$38,236
May 20185262,89165.382.90$42,776
Apr 20185262,42063.842.90$40,600
Mar 20183462,82061.222.79$29,041
Feb 20186902,40961.782.77$49,292
Jan 20185302,69862.874.01$44,138
Dec 20175183,04657.272.92$38,565
Nov 20175202,93155.423.12$37,958
Oct 20177022,97049.292.98$43,463
Sep 20173482,84347.523.09$25,314
Aug 20175183,04445.373.00$32,647
Jul 20175133,03043.873.09$31,860
Jun 20175103,00142.493.09$30,935
May 20175202,41645.373.26$31,477
Apr 20173311,60847.933.21$21,029
Mar 20175123,41546.772.98$34,136
Feb 20175173,60650.452.95$36,730
Jan 20176883,84249.413.42$47,129
Dec 20165194,02648.763.72$40,295
Nov 20167074,09242.492.64$40,861
Oct 20165044,31546.193.09$36,614
Sep 20166594,28941.553.10$40,680
Aug 20166794,67141.442.92$41,797
Jul 20166914,60241.622.92$42,217
Jun 20166734,65845.352.69$43,031
May 20166864,53442.521.99$38,196
Apr 20166964,55536.561.99$34,515
Mar 20166904,78033.011.79$31,352
Feb 20166823,83626.472.06$25,969
Jan 20167074,80827.352.36$30,704
Dec 20158775,42432.362.00$39,235
Nov 20155385,10938.792.17$31,942
Oct 20156855,44843.552.43$43,052
Sep 20158905,23942.992.76$52,712
Aug 20158734,33740.162.87$47,518
Jul 20156923,59348.152.95$43,901
Jun 20158684,95856.152.88$63,031
May 20157135,72355.212.96$56,279
Apr 20157125,74649.822.71$51,024
Mar 20151,2595,71442.892.93$70,767
Feb 20157165,12044.662.98$47,215
Jan 20158695,95343.433.10$56,199
Dec 20148915,85754.693.59$69,763
Nov 20141,0555,63270.464.25$98,282
Oct 20141,0336,18378.303.90$105,004
Sep 20141,0555,86786.164.05$114,633
Aug 20141,0045,97889.394.04$113,870
Jul 20141,2055,61996.564.18$139,840
Jun 20141,0344,33898.164.74$122,046
May 20141,0704,06094.734.73$120,551
Apr 20141,0453,82695.944.81$118,657
Mar 20141,2614,40695.895.06$143,198
Feb 20141,0553,86897.406.19$126,708
Jan 20141,3704,93990.404.86$147,855
Dec 20131,2443,94891.824.35$131,416
Nov 20131,2534,12388.853.74$126,742
Oct 20131,9475,08397.423.78$208,887
Sep 20131,4454,835104.113.72$168,414
Aug 20131,4565,678104.253.52$171,789
Jul 20136903,014102.523.72$81,944
Jun 20131,2504,90094.403.93$137,274
May 20131,4304,90494.834.15$155,954
Apr 20131,6624,44293.964.28$175,185
Mar 20131,8895,55093.623.91$198,565
Feb 201312534091.233.42$12,567
Jan 2013739391.603.42$1,985
Dec 201279061186.773.42$70,638
Nov 20121,1222,12286.953.62$105,250
Oct 20121,6544,89989.383.40$164,490
Sep 20121,4665,70294.672.92$155,427
Aug 20121,6365,30992.662.91$167,031
Jul 20121,8296,82485.133.02$176,317
Jun 20121,6505,46679.822.52$145,472
May 20128601,94191.612.49$83,614
Apr 20122,3006,446101.652.00$246,666
Mar 20121,8582,802105.052.22$201,409
Feb 201211294101.102.57$1,868
Jan 201218029198.092.73$18,452
Dec 2011029596.873.24$956
Nov 20110095.723.31$0
Oct 201106284.983.65$226
Sep 2011190083.623.99$15,888
Aug 20110083.404.15$0
Jul 2011033194.144.52$1,495
Jun 201117553192.904.64$18,721
May 2011039198.134.40$1,722
Apr 2011175848105.964.33$22,218
Mar 2011054596.364.06$2,211
Feb 201117930585.644.18$16,604
Jan 2011036586.504.59$1,675
Dec 201016626385.734.35$15,375
Nov 2010036380.843.80$1,378
Oct 201018433178.103.51$15,532
Sep 201017940272.633.98$14,601
Aug 2010044573.684.42$1,967
Jul 201017760172.554.74$15,688
Jun 201018079370.364.91$16,559
May 20103561,46171.124.24$31,506
Apr 20105591,41281.694.12$51,486
Mar 2010417778.394.39$3,552

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.

May 2026 — as filed, then multipliedworked
Oil                  174 bbl  × $106.41 =    $18,515
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,515

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/40053 is the state's own key, not one this site invented.