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 252300District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Jan 2009 – May 2026
Value, last 12 filed months
$214 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 Gas112010-03-17197372
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
CondensateDisposition6,336 bbl$406,518
GasProduction1,558,572 Mcf$5,674,404
Total$6,080,922

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 33.1654, -97.6082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16539, -97.60822 · 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
7,472 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 7,472 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-4973673247,472 ftNov 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 202605,124106.413.05$15,607
Apr 202601,13898.932.87$3,266
Mar 202603,76589.753.15$11,858
Feb 20261154,36163.503.75$23,658
Jan 202605,23159.138.00$41,837
Dec 202505,36956.664.41$23,695
Nov 202504,13358.593.93$16,228
Oct 202504,25859.383.30$14,072
Sep 202514,46462.743.08$13,798
Aug 2025794,81063.933.01$19,551
Jul 202504,58566.743.32$15,200
Jun 202504,87566.483.13$15,253
May 202505,08560.553.23$16,436
Apr 20251494,77462.363.54$26,206
Mar 202504,45467.704.27$19,011
Feb 202504,45470.884.34$19,334
Jan 202505,13274.324.28$21,958
Dec 202404,99568.993.12$15,591
Nov 202404,99669.052.20$10,983
Oct 202405,33671.372.28$12,174
Sep 2024984,61969.612.36$17,743
Aug 202404,88675.632.06$10,083
Jul 20242175,10379.932.15$28,299
Jun 202404,94478.082.63$13,022
May 202405,29578.812.20$11,641
Apr 202405,14784.451.66$8,540
Mar 202405,30880.301.55$8,202
Feb 20241954,87576.091.78$23,533
Jan 202405,28673.023.30$17,431
Dec 202305,20271.262.61$13,581
Nov 202305,24377.892.81$14,720
Oct 202305,27285.443.09$16,276
Sep 202305,42189.042.74$14,827
Aug 202305,31880.522.67$14,214
Jul 202305,03974.852.64$13,312
Jun 202305,09568.962.26$11,507
May 202305,25070.622.23$11,694
Apr 202304,98278.122.24$11,149
Mar 202305,17572.852.39$12,385
Feb 202304,72875.112.47$11,658
Jan 202305,02476.533.39$17,020
Dec 202205,13376.415.73$29,407
Nov 202204,96785.005.65$28,045
Oct 202225,14187.185.86$30,320
Sep 20222025,10784.888.16$58,838
Aug 202204,97394.529.13$45,389
Jul 202204,899101.587.54$36,949
Jun 202204,768115.097.98$38,035
May 202205,125109.378.43$43,219
Apr 202205,294104.226.84$36,198
Mar 202205,479108.885.08$27,814
Feb 202205,10391.054.86$24,795
Jan 202205,35281.844.54$24,286
Dec 202105,30271.323.90$20,673
Nov 202105,26777.435.24$27,582
Oct 20211765,53979.795.71$45,692
Sep 202105,30269.865.35$28,371
Aug 202105,49166.024.22$23,175
Jul 202105,52470.783.98$21,997
Jun 202105,29269.493.38$17,890
May 202105,58163.483.02$16,842
Apr 202135,53960.362.76$15,460
Mar 2021845,82161.302.72$20,965
Feb 202106,45257.805.55$35,795
Jan 202105,40650.412.81$15,192
Dec 2020105,44144.642.68$15,004
Nov 2020735,38638.772.71$17,408
Oct 202005,67736.972.48$14,070
Sep 202015,43737.091.99$10,862
Aug 2020755,72439.982.39$16,651
Jul 202005,62238.371.83$10,261
Jun 202005,22434.901.69$8,830
May 202005,48716.921.81$9,958
Apr 2020745,38414.751.80$10,806
Mar 202005,59730.341.86$10,389
Feb 202005,20049.881.98$10,299
Jan 202005,60457.252.09$11,739
Dec 201905,82459.012.30$13,421
Nov 201905,58355.302.75$15,357
Oct 201905,79953.472.42$14,025
Sep 201905,54855.052.66$14,743
Aug 201905,82053.112.30$13,411
Jul 201935,56456.272.46$13,857
Jun 2019725,82152.782.49$18,301
May 201925,74158.482.74$15,849
Apr 201925,79462.632.75$16,063
Mar 2019726,02256.803.06$22,530
Feb 201905,51050.852.79$15,385
Jan 201945,98946.033.23$19,518
Dec 20181756,12246.594.19$33,777
Nov 201805,93352.934.24$25,140
Oct 201806,29761.443.40$21,398
Sep 201806,17359.543.11$19,186
Aug 201806,41059.403.07$19,657
Jul 201806,56665.142.93$19,251
Jun 20181625,90660.183.08$27,921
May 201806,51765.382.90$18,905
Apr 201806,19163.842.90$17,959
Mar 201806,52861.222.79$18,192
Feb 201806,07961.782.77$16,815
Jan 201806,67162.874.01$26,746
Dec 201706,58457.272.92$19,235
Nov 201706,53855.423.12$20,388
Oct 201706,79349.292.98$20,268
Sep 2017636,68847.523.09$23,641
Aug 201706,91845.373.00$20,784
Jul 201706,94443.873.09$21,438
Jun 201706,83442.493.09$21,098
May 20171487,15245.373.26$30,055
Apr 201706,68347.933.21$21,463
Mar 2017516,58846.772.98$22,042
Feb 201706,16550.452.95$18,203
Jan 201707,26149.413.42$24,824
Dec 20161027,48948.763.72$32,854
Nov 201607,26542.492.64$19,211
Oct 20161437,57646.193.09$30,017
Sep 201607,35341.553.10$22,799
Aug 201607,54041.442.92$22,050
Jul 201607,54141.622.92$22,052
Jun 2016977,16445.352.69$23,640
May 201607,49142.521.99$14,915
Apr 20161297,19736.561.99$19,046
Mar 201607,57733.011.79$13,593
Feb 20161737,62926.472.06$20,323
Jan 201607,56327.352.36$17,882
Dec 2015887,62532.362.00$18,108
Nov 201507,49838.792.17$16,251
Oct 20151487,85943.552.43$25,516
Sep 201507,67742.992.76$21,176
Aug 201507,76940.162.87$22,316
Jul 20151637,81848.152.95$30,873
Jun 201507,65056.152.88$22,054
May 201507,83855.212.96$23,165
Apr 201507,62249.822.71$20,629
Mar 20151527,97642.892.93$29,927
Feb 201507,24344.662.98$21,557
Jan 20151088,10143.433.10$29,809
Dec 2014828,27554.693.59$34,203
Nov 2014648,50270.464.25$40,659
Oct 2014578,67678.303.90$38,308
Sep 2014928,06786.164.05$40,561
Aug 201408,35489.394.04$33,709
Jul 20141078,42696.564.18$45,549
Jun 201407,78498.164.74$36,872
May 20141888,76794.734.73$59,247
Apr 201408,08995.944.81$38,901
Mar 201408,51795.895.06$43,069
Feb 201407,87297.406.19$48,743
Jan 201408,95390.404.86$43,518
Dec 201309,38791.824.35$40,876
Nov 201309,13388.853.74$34,142
Oct 201309,37197.423.78$35,416
Sep 201309,112104.113.72$33,876
Aug 201309,493104.253.52$33,440
Jul 201309,675102.523.72$35,969
Jun 201309,43194.403.93$37,096
May 201309,65294.834.15$40,047
Apr 201309,53193.964.28$40,817
Mar 201309,87393.623.91$38,632
Feb 201309,02491.233.42$30,861
Jan 2013010,26191.603.42$35,092
Dec 2012010,44486.773.42$35,720
Nov 2012010,12886.953.62$36,714
Oct 2012010,57789.383.40$35,958
Sep 2012010,41494.672.92$30,392
Aug 2012011,02492.662.91$32,060
Jul 2012011,15585.133.02$33,697
Jun 2012010,72479.822.52$27,014
May 2012011,32391.612.49$28,175
Apr 2012011,279101.652.00$22,522
Mar 2012011,998105.052.22$26,661
Feb 201209,200101.102.57$23,646
Jan 2012010,51898.092.73$28,757
Dec 2011011,11796.873.24$36,016
Nov 2011011,99695.723.31$39,722
Oct 2011012,73584.983.65$46,464
Sep 2011012,48483.623.99$49,759
Aug 2011013,45983.404.15$55,846
Jul 2011013,77994.144.52$62,243
Jun 2011012,83992.904.64$59,571
May 2011013,31198.134.40$58,633
Apr 2011012,529105.964.33$54,292
Mar 2011013,57396.364.06$55,070
Feb 2011011,46685.644.18$47,928
Jan 2011014,30886.504.59$65,656
Dec 2010015,19385.734.35$66,055
Nov 2010015,22480.843.80$57,780
Oct 2010016,15478.103.51$56,683
Sep 2010016,56672.633.98$65,924
Aug 2010018,30073.684.42$80,874
Jul 2010020,00172.554.74$94,735
Jun 2010020,91070.364.91$102,676
May 2010121,85971.124.24$92,649
Apr 2010722,53981.694.12$93,493
Mar 201045822,44178.394.39$134,389
Feb 201073528,70873.585.44$210,321
Jan 201093433,59174.365.96$269,792
Dec 200904,05771.445.48$22,248
Nov 200906,61674.593.75$24,820
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
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                5,124 Mcf  × $  3.05 =    $15,607

────────────────────────────────────────────────────
Month total                                  $15,607

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/252300 is the state's own key, not one this site invented.