BUCHANAN 'B'

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 45053District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$5.6 M
Oct 2012 – May 2026
Value, last 12 filed months
$493 k
at the published price for each month
Months reported
164
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
OilDisposition73,791 bbl$5,250,415
Casinghead gasProduction102,692 Mcf$350,358
Total$5,600,772

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 31.9494, -101.8951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94944, -101.89514 · 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
11,388 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 11,388 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-3290018613311,388 ftOct 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 (164)

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

164 months

May 20267390106.413.05$78,637
Apr 20261,299098.932.87$128,510
Mar 202619013089.753.15$17,462
Feb 202617419563.503.75$11,780
Jan 202618526059.138.00$13,019
Dec 202556174356.664.41$35,065
Nov 202555665158.593.93$35,132
Oct 202537557459.383.30$24,164
Sep 202553429562.743.08$34,411
Aug 202555385663.933.01$37,934
Jul 202552486866.743.32$37,849
Jun 202555584366.483.13$39,534
May 202556387860.553.23$36,928
Apr 202556276462.363.54$37,753
Mar 202555580667.704.27$41,014
Feb 202556678070.884.34$43,504
Jan 202574084574.324.28$58,612
Dec 202473995368.993.12$53,958
Nov 202436344269.052.20$26,037
Oct 202455797771.372.28$41,982
Sep 202473294869.612.36$53,196
Aug 20245481,00275.632.06$43,513
Jul 20249101,07979.932.15$75,052
Jun 202419142478.082.63$16,030
May 202403278.812.20$70
Apr 202453089784.451.66$46,247
Mar 20249131,26880.301.55$75,273
Feb 20247161,05776.091.78$56,366
Jan 202455645273.023.30$42,090
Dec 202337748471.262.61$28,129
Nov 202353758677.892.81$43,472
Oct 202371888785.443.09$64,084
Sep 202352178889.042.74$48,545
Aug 202334760480.522.67$29,555
Jul 202334647974.852.64$27,164
Jun 202336053168.962.26$26,025
May 202335849970.622.23$26,393
Apr 202336448178.122.24$29,512
Mar 202336744872.852.39$27,808
Feb 202335941975.112.47$27,998
Jan 202337148476.533.39$30,032
Dec 202237746576.415.73$31,471
Nov 202255034085.005.65$48,670
Oct 202235136987.185.86$32,764
Sep 202235048784.888.16$33,684
Aug 202237549094.529.13$39,917
Jul 2022369513101.587.54$41,352
Jun 2022549491115.097.98$67,101
May 2022536481109.378.43$62,679
Apr 2022367485104.226.84$41,565
Mar 2022370472108.885.08$42,682
Feb 202255740291.054.86$52,668
Jan 202255942581.844.54$47,677
Dec 202134040871.323.90$25,840
Nov 202134648677.435.24$29,336
Oct 202117321379.795.71$15,021
Sep 202133634369.865.35$25,308
Aug 2021332066.024.22$21,919
Jul 202118241970.783.98$14,550
Jun 202149756269.493.38$36,436
May 202136077163.483.02$25,179
Apr 202116523660.362.76$10,610
Mar 202116531061.302.72$10,957
Feb 202116420457.805.55$10,611
Jan 202134233350.412.81$18,176
Dec 202033739144.642.68$16,090
Nov 202017443438.772.71$7,921
Oct 202033754936.972.48$13,820
Sep 202017649437.091.99$7,511
Aug 202033357439.982.39$14,682
Jul 202033661838.371.83$14,020
Jun 202034752534.901.69$12,998
May 20201632216.921.81$2,798
Apr 202034139314.751.80$5,739
Mar 202017650130.341.86$6,270
Feb 202052553549.881.98$27,247
Jan 202034447057.252.09$20,679
Dec 201917016259.012.30$10,405
Nov 201917219955.302.75$10,059
Oct 201936552053.472.42$20,774
Sep 201936757555.052.66$21,731
Aug 201917359353.112.30$10,555
Jul 201940359356.272.46$24,136
Jun 201933458952.782.49$19,096
May 201931857858.482.74$20,181
Apr 201933939862.632.75$22,326
Mar 201932659756.803.06$20,345
Feb 201932761550.852.79$18,345
Jan 201917036446.033.23$9,000
Dec 201834460846.594.19$18,572
Nov 201833959652.934.24$20,469
Oct 201834045561.443.40$22,436
Sep 201817257459.543.11$12,025
Aug 201847863559.403.07$30,340
Jul 201832163565.142.93$22,772
Jun 201832958560.183.08$21,599
May 201831364065.382.90$22,320
Apr 201833962763.842.90$23,461
Mar 201834766561.222.79$23,097
Feb 201834458061.782.77$22,857
Jan 201833966462.874.01$23,975
Dec 201734264557.272.92$21,471
Nov 201734265755.423.12$21,002
Oct 201733265049.292.98$18,304
Sep 201732266747.523.09$17,361
Aug 201732166045.373.00$16,547
Jul 201747969043.873.09$23,144
Jun 201733463842.493.09$16,161
May 201724650745.373.26$12,816
Apr 201732751747.933.21$17,334
Mar 201732557846.772.98$16,925
Feb 201747954650.452.95$25,778
Jan 201735049649.413.42$18,989
Dec 201632358748.763.72$17,935
Nov 201633751642.492.64$15,684
Oct 201650462946.193.09$25,224
Sep 201634765641.553.10$16,452
Aug 201634166341.442.92$16,070
Jul 201632955241.622.92$15,307
Jun 201651365645.352.69$25,026
May 201634267842.521.99$15,892
Apr 201633757136.561.99$13,458
Mar 201634463533.011.79$12,495
Feb 201652166526.472.06$15,163
Jan 201635569227.352.36$11,345
Dec 201535071232.362.00$12,751
Nov 201568871138.792.17$28,228
Oct 201516765743.552.43$8,867
Sep 201549267442.992.76$23,010
Aug 201550881540.162.87$22,742
Jul 201552377248.152.95$27,456
Jun 201533154556.152.88$20,157
May 2015509055.212.96$28,102
Apr 201551341049.822.71$26,667
Mar 201568859042.892.93$31,240
Feb 20153465444.662.98$15,613
Jan 201503743.433.10$115
Dec 2014515054.693.59$28,165
Nov 20145193970.464.25$36,735
Oct 201450465378.303.90$42,011
Sep 201451487086.164.05$47,806
Aug 20143411,04389.394.04$34,691
Jul 20145171,06796.564.18$54,381
Jun 201468277298.164.74$70,602
May 201435049094.734.73$35,472
Apr 20145271,01295.944.81$55,427
Mar 20145281,09295.895.06$56,152
Feb 20141,3921,10197.406.19$142,398
Jan 20143311,17690.404.86$35,639
Dec 20136661,24791.824.35$66,582
Nov 20135241,12688.853.74$50,767
Oct 20136961,26397.423.78$72,578
Sep 20136771,307104.113.72$75,342
Aug 20136951,434104.253.52$77,505
Jul 20135111,601102.523.72$58,340
Jun 20131,0391,39194.403.93$103,553
May 20131,0261,62094.834.15$104,017
Apr 201386891793.964.28$85,484
Mar 20131,5621,33193.623.91$151,442
Feb 20131,5723,10391.233.42$154,026
Jan 20131,04560491.603.42$97,788
Dec 20121,2081,33886.773.42$109,394
Nov 201229428886.953.62$26,607
Oct 2012011289.383.40$381

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                  739 bbl  × $106.41 =    $78,637
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $78,637

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/45053 is the state's own key, not one this site invented.