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 206702District 10Field 68735120CondensateGasSaveExport
Value, all time
$427 k
Dec 2004 – Mar 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
100
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
CondensateDisposition1,958 bbl$132,051
GasProduction42,886 Mcf$294,824
Total$426,875

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 36.3061, -100.8702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30606, -100.87021 · 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
8,982 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 8,982 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Mar 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

42-3573177030138,982 ftDec 2004Mar 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 (100)

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

100 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201210086.773.42$868
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201233085.133.02$2,809
Jun 20120079.822.52$0
May 201202891.612.49$70
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110796.873.24$23
Nov 201105195.723.31$169
Oct 2011020584.983.65$748
Sep 2011013683.623.99$542
Aug 2011014383.404.15$593
Jul 2011016094.144.52$723
Jun 2011024192.904.64$1,118
May 20114032598.134.40$5,357
Apr 20110331105.964.33$1,434
Mar 2011035496.364.06$1,436
Feb 2011018785.644.18$782
Jan 20114044286.504.59$5,488
Dec 2010049485.734.35$2,148
Nov 20103952980.843.80$5,160
Oct 2010051378.103.51$1,800
Sep 2010032472.633.98$1,289
Aug 2010034473.684.42$1,520
Jul 20104038172.554.74$4,707
Jun 2010040370.364.91$1,979
May 20104157671.124.24$5,355
Apr 2010049881.694.12$2,053
Mar 2010054078.394.39$2,370
Feb 2010032173.585.44$1,747
Jan 20104135974.365.96$5,190
Dec 2009048171.445.48$2,638
Nov 2009046074.593.75$1,726
Oct 20094149372.544.11$5,000
Sep 2009044465.543.06$1,361
Aug 20094055667.423.22$4,486
Jul 2009056761.133.46$1,964
Jun 20094041466.163.90$4,259
May 2009059554.743.93$2,336
Apr 2009039146.773.59$1,403
Mar 2009037342.144.06$1,514
Feb 20094139432.814.63$3,171
Jan 20094153035.865.37$4,317
Dec 2008058037.105.98$3,467
Nov 20084156955.496.86$6,179
Oct 2008059375.246.92$4,105
Sep 200841537101.767.88$8,402
Aug 20080627114.228.48$5,319
Jul 200840652131.0811.39$12,669
Jun 20080568131.3313.03$7,403
May 20080559123.1711.57$6,470
Apr 200840539110.3110.45$10,048
Mar 200840576101.909.66$9,643
Feb 2008057892.538.77$5,069
Jan 20084051990.388.21$7,874
Dec 2007059588.337.30$4,345
Nov 20074061491.677.29$8,144
Oct 20073960982.856.92$7,447
Sep 2007058975.846.24$3,678
Aug 20073969969.066.39$7,159
Jul 20077974970.906.39$10,386
Jun 2007053462.007.55$4,031
May 2007038058.747.85$2,982
Apr 20074445059.617.81$6,135
Mar 2007045056.927.30$3,286
Feb 20074247655.108.22$6,225
Jan 2007056250.306.73$3,780
Dec 2006053056.656.92$3,667
Nov 20064359754.207.62$6,878
Oct 2006063154.906.01$3,795
Sep 20064462960.085.04$5,812
Aug 20065453868.717.34$7,659
Jul 2006060269.376.34$3,818
Jun 20064164166.286.38$6,810
May 20064162266.016.42$6,703
Apr 20064366264.397.36$7,641
Mar 20064272756.707.08$7,531
Feb 2006041257.597.75$3,193
Jan 20064152560.598.93$7,174
Dec 20054265454.9413.42$11,081
Nov 2005070554.6910.59$7,465
Oct 20058073858.3413.80$14,848
Sep 2005068761.4512.08$8,298
Aug 20054177961.519.80$10,154
Jul 20059584055.697.84$11,879
Jun 200522585352.337.38$18,070
May 2005078045.226.65$5,188
Apr 20051141,14049.207.36$14,000
Mar 2005036650.377.15$2,619
Feb 2005031345.226.31$1,976
Jan 2005034243.166.32$2,162
Dec 2004037939.866.75$2,559

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.

Dec 2012 — as filed, then multipliedworked
Condensate            10 bbl  × $ 86.77 =       $868
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                     $868

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/206702 is the state's own key, not one this site invented.