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 252776District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Mar 2009 – May 2026
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
207
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 Gas112010-03-17197373
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
CondensateDisposition8,485 bbl$556,163
GasProduction1,550,967 Mcf$5,740,765
Total$6,296,928

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 33.1604, -97.6097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16044, -97.60974 · 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
7,366 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 7,366 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-4973673677,366 ftMar 2021

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 (207)

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

207 months

May 202601,299106.413.05$3,957
Apr 202601,31798.932.87$3,779
Mar 202601,54389.753.15$4,860
Feb 2026641,85363.503.75$11,013
Jan 202602,27459.138.00$18,187
Dec 202502,77156.664.41$12,229
Nov 202502,55858.593.93$10,044
Oct 202502,69659.383.30$8,910
Sep 202502,14862.743.08$6,609
Aug 202502,81663.933.01$8,490
Jul 2025243,92766.743.32$14,621
Jun 202504,84566.483.13$15,159
May 202504,77160.553.23$15,421
Apr 20251064,22362.363.54$21,573
Mar 202504,48967.704.27$19,160
Feb 202504,56570.884.34$19,816
Jan 202504,80974.324.28$20,576
Dec 202404,67468.993.12$14,589
Nov 202404,52069.052.20$9,937
Oct 202405,50571.372.28$12,559
Sep 2024815,13869.612.36$17,786
Aug 202405,40875.632.06$11,160
Jul 20241735,56479.932.15$25,772
Jun 202405,44378.082.63$14,337
May 202405,90278.812.20$12,975
Apr 202405,50884.451.66$9,139
Mar 202405,30380.301.55$8,194
Feb 202404,96476.091.78$8,854
Jan 202405,16373.023.30$17,026
Dec 20231815,22071.262.61$26,526
Nov 202305,23677.892.81$14,700
Oct 202305,19185.443.09$16,026
Sep 202305,45289.042.74$14,911
Aug 202305,97980.522.67$15,981
Jul 20231805,70774.852.64$28,550
Jun 202305,78168.962.26$13,056
May 202306,06170.622.23$13,500
Apr 202305,32078.122.24$11,905
Mar 202305,63272.852.39$13,478
Feb 202304,66575.112.47$11,502
Jan 202305,44176.533.39$18,433
Dec 20221495,20076.415.73$41,176
Nov 202205,21685.005.65$29,451
Oct 202206,21187.185.86$36,420
Sep 202224,84484.888.16$39,715
Aug 2022615,60794.529.13$56,942
Jul 202206,149101.587.54$46,376
Jun 202206,075115.097.98$48,461
May 202205,992109.378.43$50,531
Apr 20221856,066104.226.84$60,758
Mar 202206,416108.885.08$32,570
Feb 202206,49391.054.86$31,548
Jan 20221837,65981.844.54$49,731
Dec 202107,78271.323.90$30,343
Nov 20211827,25577.435.24$52,086
Oct 202107,59179.795.71$43,374
Sep 202106,65269.865.35$35,594
Aug 202103,22266.024.22$13,599
Jul 202103,18670.783.98$12,687
Jun 202103,08869.493.38$10,439
May 202103,49363.483.02$10,541
Apr 202103,32460.362.76$9,169
Mar 20211803,08861.302.72$19,424
Feb 202104,48457.805.55$24,877
Jan 202104,06450.412.81$11,421
Dec 202004,17644.642.68$11,173
Nov 20201884,35638.772.71$19,079
Oct 202003,99336.972.48$9,896
Sep 202003,88237.091.99$7,729
Aug 202004,05339.982.39$9,667
Jul 202004,08638.371.83$7,457
Jun 202003,98934.901.69$6,743
May 202004,50716.921.81$8,179
Apr 20201734,29314.751.80$10,298
Mar 202004,18930.341.86$7,776
Feb 202003,96349.881.98$7,849
Jan 202004,30357.252.09$9,014
Dec 201904,29659.012.30$9,900
Nov 20191274,57055.302.75$19,594
Oct 201904,66853.472.42$11,290
Sep 201904,21955.052.66$11,211
Aug 201964,95553.112.30$11,737
Jul 2019635,29556.272.46$16,571
Jun 20191225,04552.782.49$19,007
May 201924,74658.482.74$13,123
Apr 201924,12262.632.75$11,464
Mar 2019673,64256.803.06$14,958
Feb 201903,37650.852.79$9,427
Jan 201943,88246.033.23$12,716
Dec 20181673,82446.594.19$23,786
Nov 201803,87152.934.24$16,402
Oct 201804,41561.443.40$15,003
Sep 201804,00959.543.11$12,460
Aug 201805,36659.403.07$16,455
Jul 201805,65765.142.93$16,586
Jun 201875,57660.183.08$17,578
May 20181335,05065.382.90$23,345
Apr 201805,90163.842.90$17,118
Mar 201806,19361.222.79$17,259
Feb 20181185,81361.782.77$23,370
Jan 201806,70862.874.01$26,895
Dec 201707,39757.272.92$21,610
Nov 201717,32455.423.12$22,894
Oct 2017227,40149.292.98$23,167
Sep 20171077,20847.523.09$27,338
Aug 201707,85445.373.00$23,597
Jul 201718,15543.873.09$25,221
Jun 20171108,04342.493.09$29,505
May 2017338,43545.373.26$29,024
Apr 201707,32847.933.21$23,535
Mar 20171887,85446.772.98$32,227
Feb 201707,06550.452.95$20,860
Jan 201707,31349.413.42$25,002
Dec 2016917,11248.763.72$30,914
Nov 201607,51442.492.64$19,870
Oct 2016977,85846.193.09$28,764
Sep 201607,48141.553.10$23,196
Aug 201607,57841.442.92$22,161
Jul 201609,14641.622.92$26,746
Jun 2016859,18945.352.69$28,535
May 201609,71142.521.99$19,335
Apr 20161719,47136.561.99$25,109
Mar 201608,06733.011.79$14,472
Feb 201608,28126.472.06$17,089
Jan 2016708,06027.352.36$20,971
Dec 20151499,02032.362.00$22,874
Nov 201508,38738.792.17$18,177
Oct 20151508,83343.552.43$27,966
Sep 201508,01042.992.76$22,095
Aug 20151749,82540.162.87$35,210
Jul 201509,63448.152.95$28,373
Jun 201509,81856.152.88$28,304
May 20151789,85555.212.96$38,953
Apr 201508,85749.822.71$23,972
Mar 20151847,50542.892.93$29,917
Feb 201507,74744.662.98$23,057
Jan 2015797,74943.433.10$27,458
Dec 20141027,85654.693.59$33,792
Nov 2014759,30070.464.25$44,827
Oct 20141179,49378.303.90$46,193
Sep 201408,81586.164.05$35,661
Aug 20141639,07789.394.04$51,197
Jul 2014829,90196.564.18$49,300
Jun 20141779,08098.164.74$60,385
May 2014011,59894.734.73$54,819
Apr 201419311,48695.944.81$73,754
Mar 201406,74595.895.06$34,108
Feb 201406,54497.406.19$40,520
Jan 201408,42190.404.86$40,932
Dec 201308,59091.824.35$37,405
Nov 201308,52688.853.74$31,873
Oct 201308,89097.423.78$33,599
Sep 201308,344104.113.72$31,021
Aug 201309,006104.253.52$31,725
Jul 201308,698102.523.72$32,337
Jun 201308,46494.403.93$33,292
May 201308,56894.834.15$35,549
Apr 201308,33093.964.28$35,674
Mar 201305,04993.623.91$19,756
Feb 201307,32091.233.42$25,034
Jan 201309,15191.603.42$31,296
Dec 201209,37786.773.42$32,071
Nov 201209,26886.953.62$33,596
Oct 201209,62989.383.40$32,736
Sep 201209,58294.672.92$27,964
Aug 2012010,11292.662.91$29,407
Jul 2012010,08385.133.02$30,459
Jun 201209,69779.822.52$24,427
May 2012010,21791.612.49$25,423
Apr 201209,912101.652.00$19,792
Mar 201209,841105.052.22$21,867
Feb 201209,420101.102.57$24,212
Jan 2012010,11098.092.73$27,642
Dec 2011011,16296.873.24$36,162
Nov 2011010,94695.723.31$36,245
Oct 2011011,10084.983.65$40,499
Sep 2011011,27783.623.99$44,948
Aug 2011012,17583.404.15$50,518
Jul 2011014,79794.144.52$66,842
Jun 2011014,57592.904.64$67,626
May 2011015,53098.134.40$68,407
Apr 2011013,096105.964.33$56,749
Mar 2011014,36196.364.06$58,267
Feb 2011015,97385.644.18$66,767
Jan 2011016,73386.504.59$76,784
Dec 2010016,72385.734.35$72,707
Nov 2010016,51680.843.80$62,684
Oct 2010018,69878.103.51$65,609
Sep 2010019,21072.633.98$76,446
Aug 2010021,19273.684.42$93,655
Jul 2010021,60572.554.74$102,332
Jun 2010021,14370.364.91$103,821
May 2010023,82171.124.24$100,887
Apr 2010225,78181.694.12$106,450
Mar 201036528,22378.394.39$152,474
Feb 201093430,92473.585.44$237,023
Jan 20101,45542,42674.365.96$361,226
Dec 200906,56871.445.48$36,017
Nov 20090074.593.75$0
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

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                1,299 Mcf  × $  3.05 =     $3,957

────────────────────────────────────────────────────
Month total                                   $3,957

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/252776 is the state's own key, not one this site invented.