BUCKLEY "C"

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225395District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$62 k
Jan 2007 – Jun 2010
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
42
no gaps in the span
Streams
2
condensate, 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-10-28175328
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition73 bbl$5,765
GasProduction7,691 Mcf$56,566
Total$62,330

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 33.2538, -97.2823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25381, -97.28230 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,222 ft
1 wells filed one
Completion to plug
3.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,222 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Mar 2010
1 of 1 wells

Last completion to plug: a median of 3.2 years across the 1 well that filed both dates, with the middle half between 3.2 years and 3.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213280320C7,222 ftJan 2007Mar 2010Yes

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 (42)

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

42 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201070078.394.39$5,487
Feb 201003773.585.44$201
Jan 201004574.365.96$268
Dec 200904371.445.48$236
Nov 20090074.593.75$0
Oct 200903572.544.11$144
Sep 200906965.543.06$211
Aug 2009034467.423.22$1,107
Jul 20090061.133.46$0
Jun 200908466.163.90$327
May 20090754.743.93$27
Apr 2009016346.773.59$585
Mar 20090042.144.06$0
Feb 200903232.814.63$148
Jan 200905635.865.37$301
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008011131.0811.39$125
Jun 2008098131.3313.03$1,277
May 20080103123.1711.57$1,192
Apr 2008237110.3110.45$607
Mar 2008045101.909.66$435
Feb 200803192.538.77$272
Jan 200803990.388.21$320
Dec 20070088.337.30$0
Nov 200704691.677.29$335
Oct 200703382.856.92$228
Sep 20070075.846.24$0
Aug 200703369.066.39$211
Jul 200701770.906.39$109
Jun 2007011762.007.55$883
May 2007039258.747.85$3,076
Apr 2007052559.617.81$4,098
Mar 200711,44756.927.30$10,623
Feb 200702,63255.108.22$21,625
Jan 200701,17050.306.73$7,870

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.

Mar 2010 — as filed, then multipliedworked
Condensate            70 bbl  × $ 78.39 =     $5,487
Gas                    0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                   $5,487

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. 09/G/225395 is the state's own key, not one this site invented.