BUCKMINSTER

Operated by APACHE CORPORATION (P-5 27200) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206701District 10Field 68735120CondensateGasSaveExport
Value, all time
$188 k
Dec 2004 – Apr 2013
Value, last 12 filed months
$45
at the published price for each month
Months reported
101
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
CondensateDisposition54 bbl$2,751
GasProduction26,920 Mcf$185,398
Total$188,149

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 36.3059, -100.8585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30591, -100.85851 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,000 ft
1 wells filed one
Completion to plug
8.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,000 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Apr 2013
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573126520137,000 ftDec 2004Apr 2013Yes

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 (101)

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

101 months

Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201201891.612.49$45
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201103395.723.31$109
Oct 2011013184.983.65$478
Sep 201108783.623.99$347
Aug 201109283.404.15$382
Jul 2011010294.144.52$461
Jun 2011015592.904.64$719
May 2011020898.134.40$916
Apr 20110212105.964.33$919
Mar 2011022696.364.06$917
Feb 2011011985.644.18$497
Jan 2011028386.504.59$1,299
Dec 2010031685.734.35$1,374
Nov 2010033880.843.80$1,283
Oct 2010032878.103.51$1,151
Sep 2010020772.633.98$824
Aug 2010022073.684.42$972
Jul 2010024472.554.74$1,156
Jun 2010024970.364.91$1,223
May 2010036871.124.24$1,559
Apr 2010031881.694.12$1,311
Mar 2010034678.394.39$1,518
Feb 2010020573.585.44$1,116
Jan 2010022974.365.96$1,366
Dec 2009030771.445.48$1,684
Nov 2009029474.593.75$1,103
Oct 2009031672.544.11$1,299
Sep 2009028465.543.06$870
Aug 2009035667.423.22$1,146
Jul 2009036261.133.46$1,254
Jun 2009026566.163.90$1,032
May 2009038154.743.93$1,496
Apr 2009025146.773.59$900
Mar 2009023842.144.06$966
Feb 2009025132.814.63$1,163
Jan 2009033935.865.37$1,821
Dec 2008037137.105.98$2,218
Nov 2008036455.496.86$2,497
Oct 2008037975.246.92$2,623
Sep 20080343101.767.88$2,702
Aug 20080401114.228.48$3,402
Jul 20080417131.0811.39$4,749
Jun 20080363131.3313.03$4,731
May 20080358123.1711.57$4,144
Apr 20080345110.3110.45$3,607
Mar 20080368101.909.66$3,556
Feb 2008037092.538.77$3,245
Jan 2008033290.388.21$2,724
Dec 2007038088.337.30$2,775
Nov 2007039391.677.29$2,866
Oct 2007039082.856.92$2,700
Sep 2007037775.846.24$2,354
Aug 2007044769.066.39$2,855
Jul 2007047970.906.39$3,060
Jun 2007034262.007.55$2,582
May 2007024358.747.85$1,907
Apr 2007028859.617.81$2,248
Mar 2007028756.927.30$2,096
Feb 2007030555.108.22$2,506
Jan 2007035950.306.73$2,415
Dec 2006033956.656.92$2,345
Nov 2006038254.207.62$2,910
Oct 2006040454.906.01$2,430
Sep 2006040360.085.04$2,030
Aug 2006034468.717.34$2,525
Jul 2006038569.376.34$2,442
Jun 2006041066.286.38$2,617
May 2006039866.016.42$2,557
Apr 2006042364.397.36$3,113
Mar 2006046556.707.08$3,294
Feb 2006026457.597.75$2,046
Jan 2006033660.598.93$3,002
Dec 2005041854.9413.42$5,608
Nov 2005045154.6910.59$4,775
Oct 2005047258.3413.80$6,512
Sep 2005043961.4512.08$5,303
Aug 2005049861.519.80$4,879
Jul 2005253755.697.84$4,323
Jun 20052654652.337.38$5,391
May 2005049145.226.65$3,266
Apr 20052668649.207.36$6,328
Mar 2005045050.377.15$3,220
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.61 =         $0
Gas                   18 Mcf  × $  2.49 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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. 10/G/206701 is the state's own key, not one this site invented.