BUCKINGHAM

Operated by MUSTANG FUEL CORPORATION (P-5 596921) in the MILLS RANCH (DES MOINES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265496District 10Field 61691210CondensateGasSave
Value, all time
$34.1 M
Feb 2011 – May 2026
Value, last 12 filed months
$377 k
at the published price for each month
Months reported
184
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition197,733 bbl$17,153,905
GasProduction4,764,602 Mcf$16,900,899
Total$34,054,804

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 35.3876, -100.0828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38762, -100.08284 · 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
12,140 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 12,140 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-483331213021H12,140 ftApr 2011

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 (184)

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

184 months

May 20261957,671106.413.05$44,115
Apr 20261937,27998.932.87$39,982
Mar 20262078,34089.753.15$44,845
Feb 20262675,50063.503.75$37,581
Jan 20261964,34359.138.00$46,324
Dec 20251965,31056.664.41$34,540
Nov 202505,36758.593.93$21,073
Oct 20253445,61259.383.30$38,973
Sep 202505,22162.743.08$16,065
Aug 202505,87963.933.01$17,724
Jul 202505,37866.743.32$17,829
Jun 202505,64666.483.13$17,665
May 20251645,43960.553.23$27,511
Apr 20251885,60662.363.54$31,586
Mar 202506,18567.704.27$26,400
Feb 20251925,15770.884.34$35,995
Jan 202505,63174.324.28$24,093
Dec 20241936,45868.993.12$33,473
Nov 20241965,49969.052.20$25,623
Oct 202406,00571.372.28$13,700
Sep 202406,01269.612.36$14,215
Aug 20241935,88375.632.06$26,737
Jul 20241855,76079.932.15$27,151
Jun 202405,47578.082.63$14,421
May 20241855,74778.812.20$27,214
Apr 202405,97584.451.66$9,914
Mar 20241896,73780.301.55$25,586
Feb 20243925,57276.091.78$39,766
Jan 202405,34473.023.30$17,623
Dec 202304,75671.262.61$12,417
Nov 202306,61077.892.81$18,558
Oct 20231786,04385.443.09$33,865
Sep 202306,67189.042.74$18,245
Aug 20231876,89580.522.67$33,487
Jul 202307,67074.852.64$20,263
Jun 202303,18368.962.26$7,189
May 20231925,93570.622.23$26,779
Apr 20231787,80478.122.24$31,369
Mar 20231906,08372.852.39$28,399
Feb 20231946,42875.112.47$30,421
Jan 20231977,71576.533.39$41,213
Dec 202207,59976.415.73$43,535
Nov 202206,64985.005.65$37,542
Oct 20221955,69687.185.86$50,400
Sep 202208,18484.888.16$66,812
Aug 202207,12394.529.13$65,013
Jul 20221872,975101.587.54$41,433
Jun 20223165,549115.097.98$80,634
May 20223468,729109.378.43$111,454
Apr 2022010,723104.226.84$73,320
Mar 202238612,018108.885.08$103,036
Feb 2022014,08891.054.86$68,451
Jan 2022014,47381.844.54$65,674
Dec 202107871.323.90$304
Nov 20211889,69177.435.24$65,307
Oct 2021013,03779.795.71$74,492
Sep 202119012,16269.865.35$78,351
Aug 202133313,68166.024.22$79,727
Jul 202119514,54170.783.98$71,706
Jun 202138613,91969.493.38$73,878
May 2021014,91363.483.02$45,003
Apr 202137214,93660.362.76$63,654
Mar 2021014,59261.302.72$39,646
Feb 202117912,88757.805.55$81,843
Jan 202138814,79850.412.81$61,145
Dec 2020014,41444.642.68$38,564
Nov 202018013,43338.772.71$43,336
Oct 2020013,49036.972.48$33,434
Sep 202035814,47837.091.99$42,105
Aug 2020015,02739.982.39$35,841
Jul 202020014,54638.371.83$34,222
Jun 202019713,79134.901.69$30,186
May 2020015,74816.921.81$28,579
Apr 2020015,20014.751.80$27,427
Mar 202019912,67930.341.86$29,573
Feb 2020014,50849.881.98$28,736
Jan 2020014,68757.252.09$30,765
Dec 201923714,90259.012.30$48,325
Nov 2019014,91255.302.75$41,018
Oct 2019015,49253.472.42$37,468
Sep 20193,15614,55055.052.66$212,401
Aug 201919514,07653.112.30$42,793
Jul 201919616,43056.272.46$51,448
Jun 201918111,30652.782.49$37,719
May 201939517,54658.482.74$71,181
Apr 201919714,62162.632.75$52,556
Mar 2019010,19456.803.06$31,215
Feb 201937311,00850.852.79$49,704
Jan 201939511,74046.033.23$56,081
Dec 201818813,72946.594.19$66,221
Nov 201818712,90852.934.24$64,592
Oct 201819014,72761.443.40$61,717
Sep 201854214,27359.543.11$76,631
Aug 2018014,03459.403.07$43,036
Jul 201819213,08865.142.93$50,879
Jun 201853113,10660.183.08$72,282
May 201818812,10165.382.90$47,394
Apr 201818710,68663.842.90$42,936
Mar 201818711,70061.222.79$44,054
Feb 201870610,69161.782.77$73,189
Jan 201835210,14762.874.01$62,813
Dec 201737211,89557.272.92$56,056
Nov 201736913,36555.423.12$62,127
Oct 2017014,71049.292.98$43,890
Sep 2017015,24747.523.09$47,072
Aug 201735715,49645.373.00$62,753
Jul 2017016,58443.873.09$51,199
Jun 2017012,91942.493.09$39,885
May 2017013,32445.373.26$43,482
Apr 201756614,62447.933.21$74,095
Mar 201754412,64046.772.98$63,157
Feb 201709,93750.452.95$29,340
Jan 2017012,75249.413.42$43,597
Dec 201655112,38948.763.72$72,989
Nov 2016012,60742.492.64$33,337
Oct 201636012,94846.193.09$56,641
Sep 201636112,17941.553.10$52,762
Aug 201617716,21241.442.92$54,744
Jul 2016014,45441.622.92$42,268
Jun 201672518,13545.352.69$81,586
May 201636623,34742.521.99$62,047
Apr 2016024,52936.561.99$48,838
Mar 201655426,59233.011.79$65,994
Feb 201691326,35426.472.06$78,552
Jan 201619325,24327.352.36$64,962
Dec 201537527,30732.362.00$66,788
Nov 201536727,72838.792.17$74,332
Oct 201554832,14243.552.43$101,861
Sep 201536729,75542.992.76$97,854
Aug 201570431,86240.162.87$119,796
Jul 201535531,09648.152.95$108,673
Jun 201571834,81756.152.88$140,688
May 201535031,84655.212.96$113,443
Apr 201571045,77449.822.71$159,263
Mar 20151903,69042.892.93$18,978
Feb 201572630,08044.662.98$121,947
Jan 201557632,97643.433.10$127,262
Dec 201455837,52654.693.59$165,286
Nov 201489335,57070.464.25$214,159
Oct 201435943,66678.303.90$198,449
Sep 20141,07645,16186.164.05$275,404
Aug 201439245,59489.394.04$219,018
Jul 201474049,76296.564.18$279,440
Jun 201474853,01598.164.74$324,549
May 20141,09560,78594.734.73$391,033
Apr 201496861,43995.944.81$388,337
Mar 20141,13366,10695.895.06$442,928
Feb 201489758,59697.406.19$450,194
Jan 20141,30862,96590.404.86$424,298
Dec 201373044,18291.824.35$259,418
Nov 20131,70860,98888.853.74$379,746
Oct 20131,45056,21497.423.78$353,712
Sep 20131,09443,610104.113.72$276,027
Aug 20131,45249,321104.253.52$325,110
Jul 20131,31248,048102.523.72$313,136
Jun 20131,88943,35194.403.93$348,839
May 20132,14551,32094.834.15$416,341
Apr 20132,82854,37493.964.28$498,580
Mar 20131,97062,25293.623.91$428,015
Feb 20132,32463,21391.233.42$428,201
Jan 20133,57564,49791.603.42$548,044
Dec 20122,73574,28386.773.42$491,376
Nov 20123,80177,74786.953.62$612,327
Oct 20123,04580,43889.383.40$545,626
Sep 20123,95075,84194.672.92$595,281
Aug 20124,82479,72092.662.91$678,830
Jul 20124,74974,23485.133.02$628,528
Jun 20121,14324,46779.822.52$152,868
May 20127576,56591.612.49$85,685
Apr 20124,01867,793101.652.00$543,799
Mar 20124,84180,251105.052.22$686,871
Feb 20123,85960,692101.102.57$546,138
Jan 20125,20964,52198.092.73$687,356
Dec 20115,94587,22296.873.24$858,469
Nov 20119,084117,05895.723.31$1,257,132
Oct 20117,478106,97484.983.65$1,025,779
Sep 201110,216119,49983.623.99$1,330,561
Aug 201111,915134,26783.404.15$1,550,828
Jul 201116,239119,54394.144.52$2,068,744
Jun 201121,142170,80092.904.64$2,756,583
May 20119,184144,72298.134.40$1,538,700
Apr 2011022105.964.33$95
Mar 20110096.364.06$0
Feb 20110085.644.18$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           195 bbl  × $106.41 =    $20,750
Gas                7,671 Mcf  × $  3.05 =    $23,365

────────────────────────────────────────────────────
Month total                                  $44,115

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/265496 is the state's own key, not one this site invented.