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 252692District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
May 2009 – May 2026
Value, last 12 filed months
$154 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 Gas112009-12-16196040
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
CondensateDisposition10,927 bbl$718,351
GasProduction1,279,790 Mcf$4,631,797
Total$5,350,149

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 33.1619, -97.6095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16188, -97.60951 · 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
7,443 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 7,443 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4973673467,443 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 202603,430106.413.05$10,447
Apr 202603,49598.932.87$10,030
Mar 202603,16889.753.15$9,977
Feb 2026622,92563.503.75$14,907
Jan 202602,80359.138.00$22,418
Dec 202503,94956.664.41$17,428
Nov 202503,31558.593.93$13,016
Oct 202503,59059.383.30$11,864
Sep 202503,55762.743.08$10,945
Aug 202503,41563.933.01$10,295
Jul 2025193,71066.743.32$13,567
Jun 202502,97566.483.13$9,308
May 202503,13560.553.23$10,133
Apr 2025663,42462.363.54$16,247
Mar 202503,89567.704.27$16,625
Feb 202503,18070.884.34$13,804
Jan 202503,58674.324.28$15,343
Dec 202403,35568.993.12$10,472
Nov 202403,29569.052.20$7,244
Oct 202403,32971.372.28$7,595
Sep 2024473,36969.612.36$11,237
Aug 202403,45975.632.06$7,138
Jul 20241683,65379.932.15$21,270
Jun 202403,69378.082.63$9,727
May 202403,76678.812.20$8,279
Apr 202403,40784.451.66$5,653
Mar 202403,81880.301.55$5,899
Feb 202403,62776.091.78$6,469
Jan 202403,42473.023.30$11,291
Dec 202303,63971.262.61$9,500
Nov 202303,62877.892.81$10,186
Oct 202304,09185.443.09$12,630
Sep 202303,70089.042.74$10,120
Aug 202302,51480.522.67$6,720
Jul 20231693,32374.852.64$21,428
Jun 202302,96568.962.26$6,696
May 202302,70170.622.23$6,016
Apr 202303,20978.122.24$7,181
Mar 202303,58372.852.39$8,575
Feb 202303,24375.112.47$7,996
Jan 202303,45476.533.39$11,701
Dec 2022303,92076.415.73$24,750
Nov 202203,88085.005.65$21,907
Oct 202203,54087.185.86$20,758
Sep 202203,06084.888.16$24,981
Aug 202202,76494.529.13$25,227
Jul 202202,555101.587.54$19,270
Jun 202201,896115.097.98$15,125
May 202203,041109.378.43$25,645
Apr 202203,441104.226.84$23,528
Mar 202203,039108.885.08$15,427
Feb 20221692,63691.054.86$28,195
Jan 202202,43981.844.54$11,067
Dec 202101,90471.323.90$7,424
Nov 202102,87777.435.24$15,066
Oct 202102,91379.795.71$16,645
Sep 202103,59869.865.35$19,253
Aug 202104,84966.024.22$20,466
Jul 202104,63170.783.98$18,441
Jun 20211423,74369.493.38$22,521
May 202104,86263.483.02$14,672
Apr 202104,87160.362.76$13,436
Mar 202105,04861.302.72$13,715
Feb 202102,96657.805.55$16,455
Jan 202104,92650.412.81$13,843
Dec 202005,11844.642.68$13,693
Nov 20201765,02438.772.71$20,421
Oct 202005,31736.972.48$13,178
Sep 202005,06237.091.99$10,079
Aug 202004,96339.982.39$11,837
Jul 202005,10838.371.83$9,323
Jun 202005,03734.901.69$8,514
May 202005,20316.921.81$9,442
Apr 202005,17114.751.80$9,330
Mar 20201815,63930.341.86$15,959
Feb 202005,22349.881.98$10,345
Jan 202005,71557.252.09$11,971
Dec 201905,60759.012.30$12,921
Nov 2019645,12955.302.75$17,648
Oct 201905,20653.472.42$12,591
Sep 201905,29055.052.66$14,057
Aug 201905,17453.112.30$11,923
Jul 201934,81956.272.46$12,024
Jun 2019634,19852.782.49$13,783
May 201924,03958.482.74$11,185
Apr 201925,50962.632.75$15,279
Mar 2019675,82756.803.06$21,648
Feb 201905,11350.852.79$14,277
Jan 201935,60446.033.23$18,229
Dec 20181345,69746.594.19$30,088
Nov 201805,51452.934.24$23,364
Oct 201805,27161.443.40$17,911
Sep 201805,80959.543.11$18,054
Aug 201805,90459.403.07$18,105
Jul 201804,04065.142.93$11,845
Jun 201844,05260.183.08$12,708
May 2018963,35765.382.90$16,014
Apr 20181334,15763.842.90$20,549
Mar 201804,50161.222.79$12,544
Feb 201803,98961.782.77$11,034
Jan 201803,80562.874.01$15,255
Dec 201702,90857.272.92$8,496
Nov 201712,08255.423.12$6,548
Oct 2017162,54549.292.98$8,382
Sep 2017282,54847.523.09$9,197
Aug 201702,90545.373.00$8,728
Jul 201712,64743.873.09$8,216
Jun 2017432,45242.493.09$9,397
May 201702,38445.373.26$7,780
Apr 201703,70047.933.21$11,883
Mar 2017743,55446.772.98$14,065
Feb 201703,46250.452.95$10,222
Jan 201715,42949.413.42$18,610
Dec 2016745,04748.763.72$22,397
Nov 201603,96742.492.64$10,490
Oct 2016924,13146.193.09$17,015
Sep 201603,83341.553.10$11,885
Aug 201604,10541.442.92$12,004
Jul 201604,01841.622.92$11,750
Jun 201603,55145.352.69$9,537
May 201602,89842.521.99$5,770
Apr 201603,23236.561.99$6,435
Mar 201603,74833.011.79$6,724
Feb 201604,04126.472.06$8,339
Jan 20161164,42527.352.36$13,635
Dec 2015404,42432.362.00$10,149
Nov 201504,41638.792.17$9,571
Oct 201503,84143.552.43$9,320
Sep 201504,30642.992.76$11,878
Aug 201504,35840.162.87$12,518
Jul 201504,67848.152.95$13,777
Jun 201502,91656.152.88$8,406
May 201502,34355.212.96$6,925
Apr 201503,21549.822.71$8,702
Mar 2015674,69842.892.93$16,661
Feb 201504,25144.662.98$12,652
Jan 2015535,06443.433.10$18,003
Dec 2014665,05054.693.59$21,746
Nov 201405,11170.464.25$21,731
Oct 2014575,05978.303.90$24,198
Sep 201404,88786.164.05$19,770
Aug 2014225,07289.394.04$22,433
Jul 2014983,17396.564.18$22,725
Jun 201404,60698.164.74$21,818
May 201404,99094.734.73$23,586
Apr 201405,08895.944.81$24,469
Mar 201405,76595.895.06$29,152
Feb 201405,59597.406.19$34,644
Jan 201405,52990.404.86$26,875
Dec 201305,45891.824.35$23,767
Nov 201306,00988.853.74$22,463
Oct 201305,59197.423.78$21,130
Sep 201306,144104.113.72$22,842
Aug 201306,446104.253.52$22,707
Jul 201307,183102.523.72$26,705
Jun 201307,47994.403.93$29,418
May 201307,31194.834.15$30,334
Apr 201307,47093.964.28$31,991
Mar 201309,00493.623.91$35,231
Feb 201307,47291.233.42$25,554
Jan 201308,24191.603.42$28,183
Dec 201208,50786.773.42$29,095
Nov 201207,54886.953.62$27,361
Oct 201208,12389.383.40$27,616
Sep 201207,94894.672.92$23,195
Aug 201208,52192.662.91$24,780
Jul 201209,51485.133.02$28,740
Jun 201209,29679.822.52$23,417
May 201209,74891.612.49$24,256
Apr 2012010,036101.652.00$20,040
Mar 2012011,004105.052.22$24,452
Feb 2012010,633101.102.57$27,329
Jan 2012010,78698.092.73$29,490
Dec 2011010,23896.873.24$33,168
Nov 2011010,14095.723.31$33,576
Oct 2011010,54684.983.65$38,478
Sep 201109,58783.623.99$38,212
Aug 2011011,36583.404.15$47,157
Jul 201109,68894.144.52$43,763
Jun 2011011,22192.904.64$52,064
May 2011011,39998.134.40$50,211
Apr 2011012,567105.964.33$54,456
Mar 2011012,98896.364.06$52,697
Feb 201109,97385.644.18$41,687
Jan 2011012,66786.504.59$58,126
Dec 2010013,67085.734.35$59,434
Nov 2010011,28580.843.80$42,830
Oct 2010011,13178.103.51$39,057
Sep 2010012,52772.633.98$49,851
Aug 2010012,46173.684.42$55,070
Jul 2010015,30472.554.74$72,487
Jun 2010014,55870.364.91$71,486
May 2010015,45471.124.24$65,451
Apr 2010114,71681.694.12$60,751
Mar 201014215,48178.394.39$79,072
Feb 201055317,28073.585.44$134,734
Jan 201054826,02174.365.96$195,941
Dec 200956116,97171.445.48$133,143
Nov 20093779,72074.593.75$64,585
Oct 20091,27630,55372.544.11$218,142
Sep 20091,06825,24965.543.06$147,379
Aug 20091,63133,03567.423.22$216,285
Jul 20091,74843,41061.133.46$257,249
Jun 20091881166.163.90$12,481
May 200918517,66854.743.93$79,487

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                3,430 Mcf  × $  3.05 =    $10,447

────────────────────────────────────────────────────
Month total                                  $10,447

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/252692 is the state's own key, not one this site invented.