BUCHANAN "D"

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 40237District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$10.7 M
Apr 2005 – May 2026
Value, last 12 filed months
$564 k
at the published price for each month
Months reported
254
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
OilDisposition149,808 bbl$8,979,952
Casinghead gasProduction400,898 Mcf$1,743,278
Total$10,723,230

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 31.9524, -101.8757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.95243, -101.87571 · 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
11,440 ft
2 wells filed one
Completion to plug
12.6 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 11,369 and 11,510 ft, median 11,440 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2005 – Jul 2015
2 of 2 wells
Plug dates filed
Oct 2017
1 of 2 wells; 1 filed none

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3294028023511,510 ftJul 2015
42-32900185111,369 ftMar 2005Oct 2017Yes

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 (254)

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

254 months

May 20267261,335106.413.05$81,320
Apr 20261,28398798.932.87$129,760
Mar 202673560189.753.15$67,859
Feb 202634819663.503.75$22,833
Jan 202605959.138.00$472
Dec 20257171,01656.664.41$45,109
Nov 202535280958.593.93$23,800
Oct 20255291,25159.383.30$35,546
Sep 20253721,23262.743.08$27,130
Aug 20257231,47563.933.01$50,668
Jul 20255431,12066.743.32$39,953
Jun 20255381,35366.483.13$39,999
May 20257171,35960.553.23$47,807
Apr 20255311,44062.363.54$38,215
Mar 20257331,04567.704.27$54,084
Feb 202556686570.884.34$43,873
Jan 202560984374.324.28$48,868
Dec 20249191,43368.993.12$67,875
Nov 20245411,05969.052.20$39,684
Oct 20247311,11871.372.28$54,722
Sep 20240069.612.36$0
Aug 202454571475.632.06$42,692
Jul 20249061,40379.932.15$75,428
Jun 20241,0101,30278.082.63$82,290
May 202455976278.812.20$45,730
Apr 202471981884.451.66$62,077
Mar 202437283080.301.55$31,154
Feb 20240076.091.78$0
Jan 202436254673.023.30$28,234
Dec 20237211,24471.262.61$54,626
Nov 20239061,12977.892.81$73,738
Oct 20231,2641,61585.443.09$112,982
Sep 20231,2531,16389.042.74$114,748
Aug 20235651,17580.522.67$48,634
Jul 20235332,25974.852.64$45,863
Jun 20237282,60268.962.26$56,079
May 20233591,59770.622.23$28,910
Apr 20233701,15278.122.24$31,482
Mar 20235481,79072.852.39$44,206
Feb 20233661,72675.112.47$31,746
Jan 20235382,27076.533.39$48,863
Dec 20225432,30576.415.73$54,696
Nov 20225421,76985.005.65$56,058
Oct 20227091,80387.185.86$72,383
Sep 20225372,39384.888.16$65,116
Aug 20225542,43494.529.13$74,580
Jul 20225572,401101.587.54$74,689
Jun 20225192,378115.097.98$78,701
May 20225632,544109.378.43$83,029
Apr 20225642,362104.226.84$74,930
Mar 20227222,515108.885.08$91,379
Feb 20227252,24591.054.86$76,919
Jan 20225552,53181.844.54$56,906
Dec 20217042,57371.323.90$60,242
Nov 20217252,54877.435.24$69,480
Oct 20215152,55079.795.71$55,662
Sep 20218452,06469.865.35$70,076
Aug 2021365066.024.22$24,097
Jul 20215182,24370.783.98$45,596
Jun 20215291,57669.493.38$42,088
May 20219032,76163.483.02$65,654
Apr 20213471,44760.362.76$24,936
Mar 20217162,35861.302.72$50,297
Feb 20213411,00457.805.55$25,280
Jan 20215182,06150.412.81$31,904
Dec 20205012,43444.642.68$28,877
Nov 20205192,58538.772.71$27,118
Oct 20205212,72136.972.48$26,005
Sep 20204722,74737.091.99$22,976
Aug 20206792,93939.982.39$34,156
Jul 20206863,32038.371.83$32,381
Jun 20208933,21034.901.69$36,592
May 202001,15016.921.81$2,087
Apr 20204972,10114.751.80$11,122
Mar 20206842,89730.341.86$26,130
Feb 20205112,86349.881.98$31,159
Jan 20207032,49657.252.09$45,475
Dec 20195153,18759.012.30$37,734
Nov 20197211,94755.302.75$45,227
Oct 20196942,88053.472.42$44,074
Sep 20197321,85855.052.66$45,234
Aug 20198702,40053.112.30$51,736
Jul 20197303,04256.272.46$48,561
Jun 2019490052.782.49$25,862
May 20193051,14058.482.74$20,960
Apr 2019630062.632.75$39,457
Mar 2019812056.803.06$46,122
Feb 2019696050.852.79$35,392
Jan 2019842046.033.23$38,757
Dec 20186432,51746.594.19$40,492
Nov 20186562,79852.934.24$46,578
Oct 20186832,62561.443.40$50,883
Sep 20186722,96259.543.11$49,217
Aug 20187663,29959.403.07$55,617
Jul 20187443,30365.142.93$58,148
Jun 20187783,29160.183.08$56,946
May 20187983,10265.382.90$61,172
Apr 20187371,22463.842.90$50,601
Mar 20188381,47161.222.79$55,402
Feb 20187952,94361.782.77$57,256
Jan 20181,0233,11362.874.01$76,797
Dec 20176573,37257.272.92$47,478
Nov 20177913,61355.423.12$55,104
Oct 20178363,91349.292.98$52,882
Sep 20178323,71747.523.09$51,012
Aug 20179654,04845.373.00$55,944
Jul 20179484,33543.873.09$54,972
Jun 20171,1273,88042.493.09$59,865
May 20171,3234,08745.373.26$73,362
Apr 20171,0763,49047.933.21$62,781
Mar 20177862,46246.772.98$44,107
Feb 20177981,75550.452.95$45,441
Jan 20175852,42849.413.42$37,206
Dec 20161,1913,78648.763.72$72,168
Nov 20169833,56942.492.64$51,205
Oct 20161,1565,14746.193.09$69,301
Sep 20161,3343,43941.553.10$66,091
Aug 20161,6363,16441.442.92$77,048
Jul 20161,3513,08141.622.92$65,239
Jun 20161,1622,54445.352.69$59,529
May 20161,7184,06742.521.99$81,147
Apr 20161,7154,66636.561.99$71,991
Mar 20161,8783,96033.011.79$69,097
Feb 20162,2658,27226.472.06$77,025
Jan 20162,8189,21027.352.36$98,848
Dec 20151,3982,56732.362.00$50,377
Nov 20152,7725,88238.792.17$120,274
Oct 20152,7444,44843.552.43$130,295
Sep 20153,3685,42642.992.76$159,758
Aug 20152,8595,73940.162.87$131,303
Jul 201502748.152.95$80
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 2014128096.564.18$12,360
Jun 2014163098.164.74$16,000
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20143095.895.06$288
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 20120086.953.62$0
Oct 201216089.383.40$1,430
Sep 20125094.672.92$473
Aug 20121592.662.91$107
Jul 201263085.133.02$601
Jun 20123223179.822.52$25,780
May 2012106891.612.49$1,085
Apr 2012258101.652.00$319
Mar 201217396105.052.22$18,387
Feb 2012487101.102.57$628
Jan 201201798.092.73$46
Dec 20110096.873.24$0
Nov 20110295.723.31$7
Oct 20111639684.983.65$14,202
Sep 2011314383.623.99$821
Aug 201125683.404.15$399
Jul 20111665394.144.52$15,867
Jun 201104092.904.64$186
May 20111602298.134.40$15,798
Apr 2011016105.964.33$69
Mar 201170596.364.06$6,765
Feb 201151185.644.18$474
Jan 20116686.504.59$547
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20101072.633.98$73
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201032652470.364.91$25,510
May 20105021,08671.124.24$40,302
Apr 201016970981.694.12$16,729
Mar 201050499978.394.39$43,893
Feb 201034885873.585.44$30,275
Jan 201047198474.365.96$40,892
Dec 200928671771.445.48$24,364
Nov 20093361,01774.593.75$28,878
Oct 20093371,03672.544.11$28,704
Sep 20094841,05165.543.06$34,942
Aug 20094641,08167.423.22$34,762
Jul 20095111,00561.133.46$34,719
Jun 20093351,03066.163.90$26,175
May 20094991,06554.743.93$31,496
Apr 200951699446.773.59$27,699
Mar 20093431,14642.144.06$19,106
Feb 200931478632.814.63$13,944
Jan 20093371,03035.865.37$17,617
Dec 20085132,01437.105.98$31,070
Nov 20085412,11055.496.86$44,495
Oct 20087941,15175.246.92$67,708
Sep 20083511,438101.767.88$47,045
Aug 20085002,428114.228.48$77,707
Jul 20084922,487131.0811.39$92,817
Jun 20085081,232131.3313.03$82,772
May 20085131,345123.1711.57$78,754
Apr 20085121,198110.3110.45$69,004
Mar 20085031,258101.909.66$63,413
Feb 20086891,24392.538.77$74,655
Jan 20083421,21690.388.21$40,888
Dec 20075421,29088.337.30$57,294
Nov 20075111,24291.677.29$55,900
Oct 20076861,44482.856.92$66,830
Sep 20075011,43075.846.24$46,925
Aug 20076941,29369.066.39$56,187
Jul 20076531,59570.906.39$56,486
Jun 20073361,47062.007.55$31,928
May 20076891,60758.747.85$53,081
Apr 20076641,59659.617.81$52,038
Mar 20076641,60256.927.30$49,493
Feb 20075341,43955.108.22$41,246
Jan 20076471,60250.306.73$43,321
Dec 20068801,70256.656.92$61,627
Nov 20065061,66454.207.62$40,101
Oct 20068521,87854.906.01$58,069
Sep 20068681,87060.085.04$61,569
Aug 20065221,94268.717.34$50,121
Jul 20068452,07069.376.34$71,747
Jun 20066822,07466.286.38$58,443
May 20069742,19166.016.42$78,371
Apr 20067962,06464.397.36$66,446
Mar 20061,0482,08756.707.08$74,204
Feb 20061,0491,94257.597.75$75,465
Jan 20061,1924,17160.598.93$109,484
Dec 20058162,41754.9413.42$77,256
Nov 20051,2252,91154.6910.59$97,818
Oct 20051,4373,61658.3413.80$133,720
Sep 20051,3393,00661.4512.08$118,591
Aug 20051,7893,12461.519.80$140,647
Jul 20051,3722,59155.697.84$96,730
Jun 20051,5472,50552.337.38$99,444
May 20051,7152,16645.226.65$91,959
Apr 2005623049.207.36$30,652

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                  726 bbl  × $106.41 =    $77,254
Casinghead gas     1,335 Mcf  × $  3.05 =     $4,066

────────────────────────────────────────────────────
Month total                                  $81,320

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/40237 is the state's own key, not one this site invented.