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 252691District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
May 2009 – May 2026
Value, last 12 filed months
$345 k
at the published price for each month
Months reported
205
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 Gas112009-12-16196099
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
CondensateDisposition23,206 bbl$1,500,702
GasProduction2,644,971 Mcf$9,536,743
Total$11,037,445

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 33.1577, -97.6061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15772, -97.60607 · 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
7,372 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 7,372 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4973665487,372 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 (205)

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

205 months

May 202608,264106.413.05$25,171
Apr 202628,48598.932.87$24,547
Mar 2026577,84289.753.15$29,814
Feb 20261577,56563.503.75$38,341
Jan 202607,67259.138.00$61,360
Dec 202507,22256.664.41$31,873
Nov 202506,57858.593.93$25,828
Oct 202506,65159.383.30$21,980
Sep 202507,34662.743.08$22,603
Aug 202507,36063.933.01$22,189
Jul 2025206,25766.743.32$22,078
Jun 202506,26766.483.13$19,608
May 202506,39560.553.23$20,671
Apr 2025856,63062.363.54$28,791
Mar 202507,01167.704.27$29,925
Feb 202505,19370.884.34$22,542
Jan 202506,38474.324.28$27,315
Dec 202407,30668.993.12$22,805
Nov 202406,90269.052.20$15,174
Oct 202407,43671.372.28$16,964
Sep 20242067,15969.612.36$31,266
Aug 202407,83175.632.06$16,160
Jul 202407,78979.932.15$16,720
Jun 202407,84278.082.63$20,656
May 202407,92178.812.20$17,414
Apr 20241927,62284.451.66$28,861
Mar 202407,91980.301.55$12,236
Feb 202407,40776.091.78$13,211
Jan 20241967,98873.023.30$40,654
Dec 202308,23171.262.61$21,489
Nov 202307,82077.892.81$21,955
Oct 202308,68985.443.09$26,825
Sep 202308,36289.042.74$22,870
Aug 202307,48680.522.67$20,009
Jul 20231687,94374.852.64$33,559
Jun 202307,71168.962.26$17,415
May 202307,95970.622.23$17,728
Apr 20231817,72678.122.24$31,429
Mar 202308,37972.852.39$20,052
Feb 202307,25975.112.47$17,898
Jan 202307,83476.533.39$26,539
Dec 20221688,11076.415.73$59,300
Nov 202207,84685.005.65$44,300
Oct 202207,94787.185.86$46,599
Sep 20221828,42284.888.16$84,203
Aug 202207,42194.529.13$67,733
Jul 202207,220101.587.54$54,454
Jun 202206,685115.097.98$53,328
May 20221857,665109.378.43$84,873
Apr 202207,415104.226.84$50,701
Mar 202207,752108.885.08$39,352
Feb 20221876,47691.054.86$48,492
Jan 202205,44181.844.54$24,690
Dec 202107,25571.323.90$28,288
Nov 202107,87777.435.24$41,251
Oct 20211748,28979.795.71$61,246
Sep 202108,30869.865.35$44,455
Aug 202109,22366.024.22$38,927
Jul 202109,34470.783.98$37,209
Jun 20211638,34669.493.38$39,542
May 202108,95663.483.02$27,026
Apr 202108,77360.362.76$24,200
Mar 20211819,11461.302.72$35,857
Feb 202108,79857.805.55$48,811
Jan 20211799,05150.412.81$34,459
Dec 202009,13044.642.68$24,427
Nov 20201858,95238.772.71$31,402
Oct 202009,51536.972.48$23,582
Sep 202009,15037.091.99$18,218
Aug 20201839,50839.982.39$29,994
Jul 202009,37238.371.83$17,105
Jun 202008,99834.901.69$15,209
May 202009,33916.921.81$16,948
Apr 20201599,10514.751.80$18,774
Mar 202009,40930.341.86$17,465
Feb 202008,75049.881.98$17,331
Jan 202009,37257.252.09$19,632
Dec 20191859,60559.012.30$33,050
Nov 201909,26355.302.75$25,480
Oct 201909,60853.472.42$23,237
Sep 201908,98955.052.66$23,886
Aug 201919,56753.112.30$22,099
Jul 201969,61856.272.46$23,998
Jun 20191409,50652.782.49$31,071
May 2019210,06758.482.74$27,704
Apr 201929,81662.632.75$27,126
Mar 20196710,29056.803.06$35,315
Feb 201909,50150.852.79$26,529
Jan 2019310,64746.033.23$34,509
Dec 201811510,83646.594.19$50,711
Nov 2018010,24352.934.24$43,402
Oct 201818210,71161.443.40$47,579
Sep 2018010,45359.543.11$32,488
Aug 2018010,73059.403.07$32,904
Jul 201817810,67665.142.93$42,896
Jun 2018010,30760.183.08$31,714
May 2018010,69465.382.90$31,021
Apr 201814610,11263.842.90$38,654
Mar 2018010,53261.222.79$29,351
Feb 201809,55061.782.77$26,416
Jan 201813410,64462.874.01$51,100
Dec 201712710,86057.272.92$39,001
Nov 2017510,63955.423.12$33,453
Oct 20179111,21849.292.98$37,956
Sep 20176110,91447.523.09$36,593
Aug 201710911,19645.373.00$38,583
Jul 201711911,42843.873.09$40,502
Jun 2017811,19642.493.09$34,905
May 201714010,26945.373.26$39,864
Apr 2017010,75647.933.21$34,544
Mar 201714011,41546.772.98$40,607
Feb 201718310,12950.452.95$39,139
Jan 2017011,37649.413.42$38,892
Dec 201617911,30648.763.72$50,818
Nov 2016011,50342.492.64$30,418
Oct 20168512,15946.193.09$41,501
Sep 201618710,65841.553.10$40,816
Aug 2016012,19441.442.92$35,659
Jul 201611912,05941.622.92$40,217
Jun 2016012,27345.352.69$32,963
May 201612812,88842.521.99$31,103
Apr 201613411,15036.561.99$27,099
Mar 201626412,19433.011.79$30,591
Feb 20164111,27826.472.06$24,359
Jan 201616111,71827.352.36$32,109
Dec 201512710,90932.362.00$25,943
Nov 2015011,12338.792.17$24,107
Oct 201519011,50143.552.43$36,183
Sep 201515710,92442.992.76$36,882
Aug 2015011,44140.162.87$32,864
Jul 201518212,50448.152.95$45,589
Jun 2015012,62156.152.88$36,385
May 201518913,57055.212.96$50,540
Apr 201518213,35749.822.71$45,219
Mar 201518513,81942.892.93$48,489
Feb 201519112,23644.662.98$44,947
Jan 201518413,97343.433.10$51,316
Dec 201417913,88054.693.59$59,638
Nov 201412513,67670.464.25$66,956
Oct 201418814,03778.303.90$69,478
Sep 2014013,71686.164.05$55,487
Aug 201417514,32589.394.04$73,446
Jul 201421513,61796.564.18$77,674
Jun 201418114,30998.164.74$85,547
May 2014015,24594.734.73$72,056
Apr 2014014,82495.944.81$71,290
Mar 2014015,72095.895.06$79,493
Feb 2014014,26297.406.19$88,310
Jan 2014015,51090.404.86$75,390
Dec 2013015,47891.824.35$67,399
Nov 2013015,20088.853.74$56,822
Oct 2013015,49897.423.78$58,573
Sep 2013014,973104.113.72$55,666
Aug 2013015,825104.253.52$55,745
Jul 2013015,956102.523.72$59,320
Jun 2013015,78194.403.93$62,073
May 2013016,70894.834.15$69,323
Apr 2013016,55993.964.28$70,915
Mar 2013018,34993.623.91$71,797
Feb 2013013,83891.233.42$47,325
Jan 2013012,88491.603.42$44,062
Dec 2012013,80486.773.42$47,212
Nov 2012014,34686.953.62$52,004
Oct 2012016,15689.383.40$54,925
Sep 2012016,37294.672.92$47,780
Aug 2012017,12192.662.91$49,791
Jul 2012017,38085.133.02$52,502
Jun 2012016,61779.822.52$41,859
May 2012017,64191.612.49$43,896
Apr 2012017,356101.652.00$34,656
Mar 2012017,993105.052.22$39,982
Feb 2012016,712101.102.57$42,954
Jan 2012017,64898.092.73$48,251
Dec 2011017,89496.873.24$57,972
Nov 2011017,10695.723.31$56,643
Oct 2011017,08584.983.65$62,335
Sep 2011016,46183.623.99$65,610
Aug 2011017,93083.404.15$74,397
Jul 2011016,17394.144.52$73,057
Jun 2011012,52592.904.64$58,115
May 2011016,30598.134.40$71,821
Apr 2011019,193105.964.33$83,169
Mar 2011012,53096.364.06$50,838
Feb 2011020,13385.644.18$84,156
Jan 2011024,46786.504.59$112,274
Dec 2010025,94985.734.35$112,820
Nov 2010025,03880.843.80$95,027
Oct 2010025,96678.103.51$91,112
Sep 2010026,07672.633.98$103,769
Aug 2010027,98773.684.42$123,685
Jul 2010027,73072.554.74$131,343
Jun 2010028,36670.364.91$139,288
May 2010129,05371.124.24$123,117
Apr 2010732,31981.694.12$133,813
Mar 201032330,95678.394.39$161,176
Feb 201091335,23573.585.44$258,940
Jan 20101,52041,12974.365.96$358,324
Dec 200956224,48471.445.48$174,413
Nov 200974613,55574.593.75$106,496
Oct 20092,25948,60972.544.11$363,663
Sep 20091,44044,87765.543.06$231,914
Aug 20092,58945,16167.423.22$319,901
Jul 20092,62642,01061.133.46$306,071
Jun 200973217,16066.163.90$115,267
May 200918615,49754.743.93$71,019

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                8,264 Mcf  × $  3.05 =    $25,171

────────────────────────────────────────────────────
Month total                                  $25,171

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/252691 is the state's own key, not one this site invented.