BUCHANAN, J. R. GU

Operated by BKV BARNETT, LLC (P-5 72504) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 249464District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Jan 2009 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
209
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112009-12-16196077
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
CondensateDisposition13,072 bbl$846,551
GasProduction1,377,387 Mcf$5,104,213
Total$5,950,764

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 33.1567, -97.6072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15666, -97.60716 · 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
7,328 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 7,328 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4973665597,328 ftMay 2009

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 (209)

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

209 months

May 202602,216106.413.05$6,750
Apr 202602,14498.932.87$6,153
Mar 202602,38289.753.15$7,502
Feb 2026562,15563.503.75$11,638
Jan 202602,39659.138.00$19,163
Dec 202502,37456.664.41$10,477
Nov 202502,53758.593.93$9,961
Oct 202502,78959.383.30$9,217
Sep 202502,69662.743.08$8,295
Aug 202502,81363.933.01$8,481
Jul 2025413,01866.743.32$12,742
Jun 202502,91466.483.13$9,117
May 202502,78660.553.23$9,005
Apr 2025482,83362.363.54$13,031
Mar 202522,90767.704.27$12,543
Feb 2025822,86970.884.34$18,266
Jan 202502,84874.324.28$12,186
Dec 202402,63668.993.12$8,228
Nov 202403,09069.052.20$6,793
Oct 202401,92671.372.28$4,394
Sep 202402,48869.612.36$5,883
Aug 202401,96175.632.06$4,047
Jul 2024811,37279.932.15$9,419
Jun 202401,43478.082.63$3,777
May 202401,81878.812.20$3,997
Apr 202401,42784.451.66$2,368
Mar 202401,60880.301.55$2,485
Feb 202401,63576.091.78$2,916
Jan 202401,99273.023.30$6,569
Dec 202302,10971.262.61$5,506
Nov 202301,66877.892.81$4,683
Oct 202301,91885.443.09$5,921
Sep 202302,13889.042.74$5,848
Aug 202302,01880.522.67$5,394
Jul 202302,07174.852.64$5,471
Jun 202302,28268.962.26$5,154
May 202302,35470.622.23$5,243
Apr 202302,51378.122.24$5,623
Mar 202302,55472.852.39$6,112
Feb 202322,36275.112.47$5,974
Jan 2023752,77176.533.39$15,127
Dec 202202,55476.415.73$14,632
Nov 202202,77285.005.65$15,651
Oct 202202,89387.185.86$16,964
Sep 202212,84484.888.16$23,302
Aug 2022523,19594.529.13$34,076
Jul 202203,325101.587.54$25,077
Jun 202213,576115.097.98$28,642
May 2022372,442109.378.43$24,640
Apr 202212,399104.226.84$16,508
Mar 2022562,528108.885.08$18,930
Feb 202272,31591.054.86$11,886
Jan 2022574,54981.844.54$25,307
Dec 202124,65471.323.90$18,289
Nov 2021473,06977.435.24$19,711
Oct 202103,25579.795.71$18,599
Sep 202103,28269.865.35$17,562
Aug 202133,17766.024.22$13,607
Jul 2021803,34270.783.98$18,971
Jun 202103,31069.493.38$11,190
May 2021243,16263.483.02$11,065
Apr 2021633,17460.362.76$12,558
Mar 202103,29861.302.72$8,960
Feb 202102,75957.805.55$15,307
Jan 202103,22750.412.81$9,069
Dec 2020103,06144.642.68$8,636
Nov 2020713,17438.772.71$11,343
Oct 202003,27836.972.48$8,124
Sep 202003,20237.091.99$6,375
Aug 202013,33639.982.39$7,997
Jul 2020673,40838.371.83$8,791
Jun 202003,32934.901.69$5,627
May 202003,59416.921.81$6,522
Apr 2020743,43314.751.80$7,286
Mar 202003,68930.341.86$6,848
Feb 202043,54949.881.98$7,229
Jan 2020743,82157.252.09$12,241
Dec 201903,75559.012.30$8,653
Nov 201953,68455.302.75$10,410
Oct 20191023,87653.472.42$14,828
Sep 201903,82555.052.66$10,164
Aug 201903,90553.112.30$8,999
Jul 201933,90056.272.46$9,763
Jun 2019703,82152.782.49$13,213
May 201924,02858.482.74$11,155
Apr 201923,93362.632.75$10,944
Mar 2019674,11856.803.06$16,415
Feb 201903,78350.852.79$10,563
Jan 201924,14746.033.23$13,479
Dec 2018744,07646.594.19$20,508
Nov 201813,98052.934.24$16,917
Oct 2018724,15761.443.40$18,550
Sep 201803,64159.543.11$11,316
Aug 201804,09559.403.07$12,558
Jul 201824,36265.142.93$12,919
Jun 2018804,51360.183.08$18,701
May 201834,63165.382.90$13,630
Apr 20181724,37363.842.90$23,666
Mar 201804,62661.222.79$12,892
Feb 201804,12161.782.77$11,399
Jan 201804,58362.874.01$18,375
Dec 2017514,61057.272.92$16,389
Nov 201724,51955.423.12$14,203
Oct 2017394,35649.292.98$14,919
Sep 2017714,50847.523.09$17,291
Aug 201704,75545.373.00$14,286
Jul 2017474,83843.873.09$16,998
Jun 201744,72542.493.09$14,757
May 2017754,87945.373.26$19,325
Apr 201705,25147.933.21$16,864
Mar 20171025,56346.772.98$21,369
Feb 201705,08350.452.95$15,008
Jan 201715,31049.413.42$18,203
Dec 20161125,65348.763.72$26,506
Nov 201605,42542.492.64$14,346
Oct 20161015,71246.193.09$22,317
Sep 201606,27241.553.10$19,447
Aug 201605,68741.442.92$16,631
Jul 2016695,39241.622.92$18,640
Jun 201605,26245.352.69$14,133
May 2016565,52242.521.99$13,376
Apr 2016485,72336.561.99$13,150
Mar 2016755,20033.011.79$11,805
Feb 20161475,34526.472.06$14,921
Jan 201606,51227.352.36$15,397
Dec 2015647,14832.362.00$16,377
Nov 201507,14738.792.17$15,490
Oct 20151797,45743.552.43$25,890
Sep 201507,43542.992.76$20,509
Aug 201506,85140.162.87$19,679
Jul 20151846,44648.152.95$27,844
Jun 201506,28856.152.88$18,127
May 20151846,58055.212.96$29,606
Apr 201505,62749.822.71$15,230
Mar 201506,17242.892.93$18,113
Feb 20151365,80744.662.98$23,357
Jan 201506,63743.433.10$20,579
Dec 2014776,52754.693.59$27,652
Nov 2014566,55170.464.25$31,800
Oct 20141056,72878.303.90$34,467
Sep 2014826,46886.164.05$33,231
Aug 201406,70389.394.04$27,047
Jul 20141537,16296.564.18$44,708
Jun 201406,62198.164.74$31,363
May 201406,61094.734.73$31,243
Apr 201405,96295.944.81$28,672
Mar 201406,51595.895.06$32,945
Feb 201406,45297.406.19$39,951
Jan 201407,29090.404.86$35,435
Dec 201307,74591.824.35$33,725
Nov 201307,71188.853.74$28,826
Oct 201307,94997.423.78$30,042
Sep 201308,002104.113.72$29,749
Aug 201308,169104.253.52$28,776
Jul 201308,072102.523.72$30,010
Jun 201308,06894.403.93$31,735
May 201308,09994.834.15$33,603
Apr 201308,43193.964.28$36,107
Mar 201308,74493.623.91$34,214
Feb 201309,53191.233.42$32,595
Jan 2013011,15991.603.42$38,163
Dec 2012010,62486.773.42$36,336
Nov 201209,18586.953.62$33,295
Oct 201207,78489.383.40$26,463
Sep 201207,41594.672.92$21,640
Aug 201207,93492.662.91$23,073
Jul 201208,55985.133.02$25,855
Jun 201209,02679.822.52$22,737
May 201209,74891.612.49$24,256
Apr 201209,398101.652.00$18,766
Mar 201209,371105.052.22$20,823
Feb 201209,645101.102.57$24,790
Jan 2012010,81998.092.73$29,580
Dec 2011011,19796.873.24$36,275
Nov 2011012,35995.723.31$40,924
Oct 2011012,79084.983.65$46,665
Sep 2011012,20183.623.99$48,631
Aug 2011012,53283.404.15$51,999
Jul 2011013,00194.144.52$58,729
Jun 2011012,79892.904.64$59,381
May 201107,80398.134.40$34,371
Apr 20110328105.964.33$1,421
Mar 201106,58696.364.06$26,722
Feb 2011011,99485.644.18$50,135
Jan 2011013,87486.504.59$63,665
Dec 2010011,93485.734.35$51,886
Nov 2010012,32580.843.80$46,777
Oct 2010014,30178.103.51$50,181
Sep 2010015,42372.633.98$61,375
Aug 2010017,98173.684.42$79,465
Jul 2010020,64272.554.74$97,771
Jun 2010021,29570.364.91$104,567
May 2010021,65671.124.24$91,718
Apr 2010121,13081.694.12$87,194
Mar 201020522,51778.394.39$114,890
Feb 201049725,39473.585.44$174,773
Jan 201086834,24874.365.96$268,803
Dec 200956526,72871.445.48$186,933
Nov 20091207,34774.593.75$36,513
Oct 20091,01931,62772.544.11$203,913
Sep 20091,49735,47565.543.06$206,835
Aug 20092,33350,30767.423.22$319,204
Jul 20091,08322,94261.133.46$145,686
Jun 200970315,63466.163.90$107,405
May 200918515,81454.743.93$72,209
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,216 Mcf  × $  3.05 =     $6,750

────────────────────────────────────────────────────
Month total                                   $6,750

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/249464 is the state's own key, not one this site invented.