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BUZZARD NORTH 6972

Operated by PDC PERMIAN, INC. (P-5 646832) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49177District 08Field 71052900OilCasinghead gasSave
Value, all time
$61.9 M
Aug 2017 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
106
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
OilDisposition887,109 bbl$52,986,895
Casinghead gasProduction2,840,430 Mcf$8,880,750
Total$61,867,645

Wells on this lease (3)

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 31.4236, -103.5452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.42325, -103.54488 · 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
66.7%
2 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,469 ft
3 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
266.7%
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.
133.3%

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 10,172 and 10,945 ft, median 10,469 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2017 – Jun 2021
3 of 3 wells

3 wells

42-38938562B 2H10,945 ftJun 2021—Yes
42-38938563S 3H10,172 ftJun 2021—Yes
42-38935933A 1H10,469 ftNov 2017——

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 (106)

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

106 months

May 20261,52636,041106.413.05$272,157
Apr 20262,58142,56098.932.87$377,474
Mar 20262,45136,23189.753.15$334,085
Feb 20261,17015,32963.503.75$131,784
Jan 20262,13539,26259.138.00$440,257
Dec 20252,63843,36056.664.41$340,832
Nov 20251,8209,70558.593.93$144,740
Oct 20252,45217,91659.383.30$204,809
Sep 20251,92110,82762.743.08$153,837
Aug 20251,5848,52363.933.01$126,960
Jul 20251,91410,64366.743.32$163,024
Jun 20252,48616,47666.483.13$216,818
May 20253,04221,86160.553.23$254,855
Apr 20253,65419,74262.363.54$297,812
Mar 20251,6437,09467.704.27$141,511
Feb 202536343970.884.34$27,635
Jan 20251,4405,84774.324.28$132,038
Dec 20241,9047,59968.993.12$155,076
Nov 20241,8674,67369.052.20$139,190
Oct 20241,195071.372.28$85,287
Sep 20242,1287,28769.612.36$165,359
Aug 20241,9628,12875.632.06$165,159
Jul 20242,2286,39279.932.15$191,805
Jun 20241,9686,36078.082.63$170,414
May 20241,9146,21078.812.20$164,495
Apr 20242,4137,32784.451.66$215,935
Mar 20241,8236,14980.301.55$155,888
Feb 20241,0801,79376.091.78$85,375
Jan 20242,1155,65973.023.30$173,099
Dec 20232,4998,62971.262.61$200,607
Nov 20231,8684,75777.892.81$158,854
Oct 20231,9335,91485.443.09$183,414
Sep 20231,8433,10089.042.74$172,579
Aug 20231,9133,52480.522.67$163,454
Jul 20231,8684,38674.852.64$151,407
Jun 20232,2004,03568.962.26$160,825
May 20232,0594,36770.622.23$155,134
Apr 20231,8933,43278.122.24$155,561
Mar 20232,1125,17072.852.39$166,232
Feb 20232,4536,56975.112.47$200,442
Jan 20232,5777,69076.533.39$223,269
Dec 20222,4285,66776.415.73$217,990
Nov 20222,6375,94685.005.65$257,717
Oct 20222,5092,74287.185.86$234,813
Sep 20222,8333,79984.888.16$271,479
Aug 20222,7762,66494.529.13$286,702
Jul 20222,9324,285101.587.54$330,150
Jun 20223,0394,606115.097.98$386,501
May 20222,8332,751109.378.43$333,045
Apr 20223,3226,243104.226.84$388,906
Mar 20223,5078,187108.885.08$423,403
Feb 20223,1595,97491.054.86$316,654
Jan 20223,4053,29981.844.54$293,635
Dec 20213,7793,37771.323.90$282,686
Nov 20213,5015,30277.435.24$298,848
Oct 20213,3744,74579.795.71$296,324
Sep 20213,0584,91269.865.35$239,916
Aug 20213,0092,76366.024.22$210,316
Jul 20212,4857,01370.783.98$203,815
Jun 20217231,23769.493.38$54,423
May 20217063.483.02$444
Apr 20215,39315,25660.362.76$367,604
Mar 20216,35120,82061.302.72$445,883
Feb 20216,01523,33357.805.55$477,117
Jan 20217,92331,94350.412.81$489,167
Dec 20208,46239,92244.642.68$484,553
Nov 20208,48630,91338.772.71$412,670
Oct 20208,13133,93436.972.48$384,706
Sep 20208,85333,06637.091.99$394,194
Aug 20208,61328,09239.982.39$411,350
Jul 20207,85923,05238.371.83$343,623
Jun 20207,19625,79934.901.69$294,749
May 20208,41922,62816.921.81$183,514
Apr 20207,87818,89314.751.80$150,291
Mar 20208,42220,31830.341.86$293,238
Feb 20208,05621,40049.881.98$444,220
Jan 20209,04423,90957.252.09$567,852
Dec 20199,90534,39659.012.30$663,755
Nov 201911,45742,45855.302.75$750,361
Oct 201910,77337,33553.472.42$666,329
Sep 201912,31445,28255.052.66$798,213
Aug 201912,46042,40453.112.30$759,465
Jul 201912,03834,61256.272.46$762,526
Jun 201911,28830,34052.782.49$671,364
May 201914,54442,02558.482.74$965,695
Apr 201912,68538,28762.632.75$899,778
Mar 201912,77731,50356.803.06$822,199
Feb 201911,82634,46850.852.79$697,594
Jan 201914,32345,12146.033.23$804,946
Dec 201818,78863,69846.594.19$1,141,937
Nov 201818,53754,55652.934.24$1,212,330
Oct 201820,31359,00161.443.40$1,448,521
Sep 201820,61560,93959.543.11$1,416,816
Aug 201821,11759,72259.403.07$1,437,491
Jul 201828,93097,89865.142.93$2,171,525
Jun 201831,292104,62160.183.08$2,205,063
May 201838,063122,03765.382.90$2,842,564
Apr 201844,625138,37563.842.90$3,250,258
Mar 201862,009169,71561.222.79$4,269,160
Feb 201849,312137,58361.782.77$3,427,066
Jan 201855,701162,56562.874.01$4,153,697
Dec 201761,902166,96257.272.92$4,032,910
Nov 20176,46114,73155.423.12$404,005
Oct 20170049.292.98$0
Sep 20172047.523.09$95
Aug 20170045.373.00$0

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                1,526 bbl  × $106.41 =   $162,382
Casinghead gas    36,041 Mcf  × $  3.05 =   $109,775

────────────────────────────────────────────────────
Month total                                 $272,157

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/49177 is the state's own key, not one this site invented.