BUZZARD STATE "21" UNIT

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45131District 08Field 98359800OilCasinghead gasSave
Value, all time
$188.8 M
Apr 2014 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,231,321 bbl$163,089,492
Casinghead gasProduction8,430,711 Mcf$25,706,748
Total$188,796,240

Wells on this lease (15)

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 31.3572, -103.4183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.35796, -103.41736 · 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 15 wells
With a plug date
0.0%
0 of 15 wells
Median depth
10,784 ft
15 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.
15100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 15 of 15 wells. Median 10,784 ft, with the middle half between 10,713 and 11,835 ft; the shallowest is 10,466 ft and the deepest 12,462 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s

Last completion by decade, 15 of 15 wells, Mar 2011 – Oct 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 2011 – Oct 2018
15 of 15 wells

15 wells

42-3893722983H10,466 ftOct 2018
42-3893495116H10,688 ftJun 2016
42-3893495015H10,644 ftJun 2016
42-3893495217H10,729 ftJun 2016
42-3893494711H10,729 ftMar 2016
42-3893494813H10,784 ftDec 2015
42-3893494914H10,797 ftDec 2015
42-3893439510H10,697 ftDec 2014
42-389342299H10,728 ftSep 2014
42-38933492711,839 ftJul 2013
42-38933453411,839 ftMar 2013
42-38933407311,830 ftNov 2012
42-38933368211,820 ftNov 2012
42-38932748512,455 ftJun 2011
42-389327381R12,462 ftMar 2011

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 (146)

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

146 months

May 20266538,680106.413.05$95,924
Apr 202646619,01098.932.87$100,655
Mar 20266307,44089.753.15$79,974
Feb 20262193,92863.503.75$28,638
Jan 20261061,87059.138.00$21,224
Dec 20254595756.664.41$6,773
Nov 20251554,88758.593.93$28,270
Oct 202554929,90859.383.30$131,441
Sep 202585142,57062.743.08$184,376
Aug 20251,79737,96763.933.01$229,344
Jul 20252,92320,84366.743.32$264,180
Jun 20252,74823,95866.483.13$257,645
May 20252,85719,29860.553.23$235,369
Apr 20252,03614,53462.363.54$178,461
Mar 20252,72328,50767.704.27$306,024
Feb 20256378,26370.884.34$81,019
Jan 20251,52212,40474.324.28$166,188
Dec 20242,73411,47068.993.12$224,421
Nov 20245,14330,38169.052.20$421,915
Oct 20244,80930,29471.372.28$412,331
Sep 20245,40811,85169.612.36$404,471
Aug 20243,73219,53475.632.06$322,562
Jul 20245,37024,16979.932.15$481,105
Jun 20248,53123,49778.082.63$727,991
May 20245,67218,65678.812.20$488,024
Apr 20246,21416,65184.451.66$552,400
Mar 20247,19938,99480.301.55$638,331
Feb 20247,43324,12876.091.78$608,613
Jan 20247,22029,70073.023.30$625,145
Dec 20237,92942,54671.262.61$676,096
Nov 20235,53934,55477.892.81$528,445
Oct 20237,48254,49885.443.09$807,513
Sep 20233,71756,77289.042.74$486,235
Aug 20238,42855,45280.522.67$826,839
Jul 20239,08061,67374.852.64$842,566
Jun 20238,94642,46468.962.26$712,820
May 20237,19663,94870.622.23$650,619
Apr 20237,69866,43278.122.24$750,027
Mar 20237,54076,77672.852.39$733,026
Feb 20238,19167,16575.112.47$780,833
Jan 20237,63450,41376.533.39$755,015
Dec 20226,14553,84876.415.73$778,039
Nov 20228,25146,37985.005.65$963,200
Oct 202211,08439,90087.185.86$1,200,267
Sep 20225,86340,65984.888.16$829,579
Aug 202211,78352,55194.529.13$1,593,371
Jul 202213,21137,091101.587.54$1,621,717
Jun 20226,18320,838115.097.98$877,830
May 20226,79418,593109.378.43$899,855
Apr 20229,00634,634104.226.84$1,175,419
Mar 20227,5100108.885.08$817,689
Feb 20227,74542,60891.054.86$912,208
Jan 202210,28945,23981.844.54$1,047,332
Dec 20219,60833,29071.323.90$815,044
Nov 20219,22534,31477.435.24$893,989
Oct 20219,65138,62579.795.71$990,752
Sep 20219,64222,24569.865.35$792,621
Aug 202110,687066.024.22$705,556
Jul 202111,368070.783.98$804,627
Jun 202110,97215,61369.493.38$815,226
May 202111,938063.483.02$757,824
Apr 202111,823060.362.76$713,636
Mar 202112,860061.302.72$788,318
Feb 202110,904057.805.55$630,251
Jan 202114,268050.412.81$719,250
Dec 202015,51033,19944.642.68$781,189
Nov 202016,6328,44838.772.71$667,688
Oct 202017,75327,56436.972.48$724,644
Sep 202019,31220,14637.091.99$756,394
Aug 202023,16711,71539.982.39$954,158
Jul 202031,01243,51938.371.83$1,269,358
Jun 202025,57266,97134.901.69$1,005,665
May 202018,95746,46916.921.81$405,082
Apr 202011,92950,11314.751.80$266,376
Mar 202031,20953,29830.341.86$1,045,814
Feb 202021,36970,71449.881.98$1,205,947
Jan 202020,95155,85757.252.09$1,316,451
Dec 201917,30834,66659.012.30$1,101,228
Nov 201917,69698,38555.302.75$1,249,216
Oct 201920,68240,16353.472.42$1,203,002
Sep 201921,07789,60355.052.66$1,398,389
Aug 201919,284138,20453.112.30$1,342,645
Jul 201914,41937,54456.272.46$903,718
Jun 201911,808139,49852.782.49$970,744
May 201918,238157,39058.482.74$1,497,857
Apr 201921,03218,55062.632.75$1,368,260
Mar 201924,27830,93356.803.06$1,473,710
Feb 201921,06775,03850.852.79$1,280,780
Jan 201924,09278,33346.033.23$1,361,828
Dec 201825,89998,99346.594.19$1,620,964
Nov 201825,71090,87752.934.24$1,745,898
Oct 201824,77078,33861.443.40$1,788,068
Sep 201821,69275,50459.543.11$1,526,208
Aug 201825,41790,47359.403.07$1,787,211
Jul 201827,925235,44565.142.93$2,509,331
Jun 201826,90098,82560.183.08$1,922,919
May 201828,929164,82365.382.90$2,369,497
Apr 201829,60769,18363.842.90$2,090,797
Mar 201829,82347,17161.222.79$1,957,222
Feb 201827,31149,94561.782.77$1,825,427
Jan 201828,79954,54062.874.01$2,029,261
Dec 201728,63661,56057.272.92$1,819,832
Nov 201732,34869,43055.423.12$2,009,234
Oct 201738,936101,06649.292.98$2,220,704
Sep 201737,87682,88347.523.09$2,055,751
Aug 201742,99991,54545.373.00$2,225,902
Jul 201744,46199,73843.873.09$2,258,423
Jun 201743,18199,39642.493.09$2,141,624
May 201746,43999,38045.373.26$2,431,254
Apr 201751,985106,05847.933.21$2,832,257
Mar 201753,021122,42046.772.98$2,845,054
Feb 201756,039139,00450.452.95$3,237,591
Jan 201762,751142,59349.413.42$3,588,024
Dec 201663,531128,14748.763.72$3,574,841
Nov 201682,511179,40142.492.64$3,980,291
Oct 201683,649152,43546.193.09$4,334,811
Sep 2016100,414309,79241.553.10$5,132,752
Aug 2016119,741225,75241.442.92$5,622,243
Jul 2016154,064224,28141.622.92$7,068,018
Jun 2016140,463246,34945.352.69$7,031,649
May 201661,320113,71142.521.99$2,833,730
Apr 201671,529137,53936.561.99$2,888,946
Mar 201653,005103,64833.011.79$1,935,641
Feb 201639,55469,88026.472.06$1,191,201
Jan 201636,38755,25827.352.36$1,125,834
Dec 201531,67551,09632.362.00$1,127,267
Nov 201521,15532,31338.792.17$890,635
Oct 201526,57948,63843.552.43$1,275,539
Sep 201526,98752,82942.992.76$1,305,896
Aug 201525,112106,28040.162.87$1,313,786
Jul 201525,90092,92648.152.95$1,520,760
Jun 201514,81874,03256.152.88$1,045,455
May 201529,56349,76055.212.96$1,779,236
Apr 201533,39381,16449.822.71$1,883,315
Mar 201550,50370,67142.892.93$2,373,473
Feb 201543,11584,11144.662.98$2,175,846
Jan 201551,31897,03343.433.10$2,529,604
Dec 201445,8672,00254.693.59$2,515,656
Nov 201427,2335,10170.464.25$1,940,526
Oct 20147612,54678.303.90$69,518
Sep 20149134,63286.164.05$97,403
Aug 20141,0971,15389.394.04$102,713
Jul 20141,8253,61396.564.18$191,323
Jun 20142,5617,31898.164.74$286,052
May 20142,0104,93394.734.73$213,723
Apr 20143883,38895.944.81$53,518

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                  653 bbl  × $106.41 =    $69,486
Casinghead gas     8,680 Mcf  × $  3.05 =    $26,438

────────────────────────────────────────────────────
Month total                                  $95,924

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/45131 is the state's own key, not one this site invented.