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BUZZARD SOUTH 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 49225District 08Field 71052900OilCasinghead gasSave
Value, all time
$47.7 M
Sep 2017 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
105
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
OilDisposition645,102 bbl$39,799,576
Casinghead gasProduction2,334,086 Mcf$7,867,344
Total$47,666,920

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 31.4205, -103.5430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.42054, -103.54296 · 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
10,636 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 10,434 and 10,889 ft, median 10,636 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2017 – Jun 2021
3 of 3 wells

3 wells

42-38938720A 3H10,434 ftJun 2021—Yes
42-38938721A 4H10,636 ftJun 2021—Yes
42-38935934B 1H10,889 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 (105)

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

105 months

May 20261,44430,310106.413.05$245,975
Apr 20262,14034,78298.932.87$311,525
Mar 20262,01033,33489.753.15$285,381
Feb 20261,93336,53163.503.75$259,748
Jan 20262,03130,26159.138.00$362,118
Dec 20252,21332,88956.664.41$270,540
Nov 20251,98812,73858.593.93$166,492
Oct 20252,19217,75559.383.30$188,838
Sep 20251,82412,28362.743.08$152,232
Aug 20251,58810,15363.933.01$132,130
Jul 20251,91212,04666.743.32$167,542
Jun 20252,10516,47066.483.13$191,470
May 20252,16517,16060.553.23$186,557
Apr 20252,57415,73762.363.54$216,273
Mar 20252,68617,97567.704.27$258,565
Feb 20252,46416,13770.884.34$244,696
Jan 20252,15312,92074.324.28$215,292
Dec 20242,44615,87968.993.12$218,314
Nov 20242,46213,87769.052.20$200,509
Oct 20241,93912,43571.372.28$166,756
Sep 20241,9298,85569.612.36$155,214
Aug 20242,06910,55875.632.06$178,266
Jul 20242,61214,92179.932.15$240,806
Jun 20241,97510,30278.082.63$181,343
May 20242,14310,04478.812.20$190,971
Apr 20241,6608,06684.451.66$153,570
Mar 20242,0228,69180.301.55$175,795
Feb 20242,29911,72776.091.78$195,848
Jan 20241,8189,35073.023.30$163,583
Dec 20232,40810,77371.262.61$199,719
Nov 20232,39810,97277.892.81$217,585
Oct 20232,37411,15485.443.09$237,270
Sep 20232,47914,07189.042.74$259,215
Aug 20232,46611,53780.522.67$229,399
Jul 20232,50711,85974.852.64$218,978
Jun 20232,52410,92068.962.26$198,718
May 20232,62611,54870.622.23$211,170
Apr 20232,71113,06178.122.24$241,011
Mar 20233,08813,89272.852.39$258,207
Feb 20232,88912,47675.112.47$247,755
Jan 20233,31612,81976.533.39$297,201
Dec 20222,97714,12676.415.73$308,402
Nov 20223,60316,02585.005.65$396,735
Oct 20223,56416,89087.185.86$409,748
Sep 20223,46315,40584.888.16$419,701
Aug 20223,63717,28494.529.13$501,523
Jul 20223,87416,192101.587.54$515,642
Jun 20223,61013,891115.097.98$526,286
May 20223,79717,294109.378.43$561,119
Apr 20224,21314,638104.226.84$539,168
Mar 20224,20615,507108.885.08$536,669
Feb 20223,89812,76591.054.86$416,936
Jan 20224,19613,34381.844.54$403,947
Dec 20214,38614,03971.323.90$367,549
Nov 20214,12413,48977.435.24$389,961
Oct 20213,85212,03979.795.71$376,140
Sep 20213,8168,69769.865.35$313,123
Aug 20213,5609,42166.024.22$274,793
Jul 20213,6298,52970.783.98$290,824
Jun 20211,3784,96069.493.38$112,525
May 20210063.483.02$0
Apr 20214,65016,58360.362.76$326,417
Mar 20215,21718,85461.302.72$371,027
Feb 20214,49215,96357.805.55$348,200
Jan 20215,69720,18150.412.81$343,900
Dec 20205,54318,66444.642.68$297,374
Nov 20205,09816,79538.772.71$243,106
Oct 20203,90112,91536.972.48$176,229
Sep 20205,67120,52237.091.99$251,198
Aug 20206,06822,00439.982.39$295,080
Jul 20205,74719,43238.371.83$255,978
Jun 20206,79918,77034.901.69$269,012
May 20205,86418,99416.921.81$133,688
Apr 20206,18721,56414.751.80$130,168
Mar 20206,74223,75830.341.86$248,653
Feb 20206,75823,25649.881.98$383,152
Jan 20207,42624,93457.252.09$477,369
Dec 20197,09621,08259.012.30$467,315
Nov 20197,09719,81555.302.75$446,969
Oct 20197,35119,33853.472.42$439,828
Sep 20197,52920,43155.052.66$468,762
Aug 20197,66220,86353.112.30$455,005
Jul 20198,22322,47656.272.46$518,001
Jun 20198,08023,11852.782.49$484,054
May 20198,62924,55958.482.74$571,923
Apr 20197,75423,11362.632.75$549,210
Mar 201912,43937,47056.803.06$821,272
Feb 20198,71424,80650.852.79$512,371
Jan 20199,28328,03546.033.23$517,799
Dec 201813,38145,95446.594.19$815,759
Nov 201811,54635,34252.934.24$760,882
Oct 201813,11240,01361.443.40$941,569
Sep 201814,07643,70059.543.11$973,905
Aug 201815,41845,46159.403.07$1,055,238
Jul 201815,63850,45265.142.93$1,166,579
Jun 201818,04359,47660.183.08$1,268,831
May 201822,94169,01765.382.90$1,700,087
Apr 201827,08679,53563.842.90$1,959,885
Mar 201834,50694,83461.222.79$2,376,745
Feb 201830,41982,69861.782.77$2,108,038
Jan 201838,758101,16862.874.01$2,842,330
Dec 201734,35889,11357.272.92$2,228,028
Nov 20171,7385,22655.423.12$112,617
Oct 20170049.292.98$0
Sep 20170047.523.09$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                1,444 bbl  × $106.41 =   $153,656
Casinghead gas    30,310 Mcf  × $  3.05 =    $92,319

────────────────────────────────────────────────────
Month total                                 $245,975

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/49225 is the state's own key, not one this site invented.