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 266305District 10Field 61691210CondensateGasSaveExport
Value, all time
$2.7 M
Aug 2010 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
190
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 38 leases and 40 wells, and the rule below applies to all of them.

Discovered
1977-04-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-11-22.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED. P15'S ACREAGE LIST AND LSE 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
CondensateDisposition13,989 bbl$1,192,882
GasProduction419,070 Mcf$1,547,200
Total$2,740,082

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 35.3995, -100.0797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.39945, -100.07972 · 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
16,300 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 16,300 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-48332487202116,300 ftDec 2010

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 (190)

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

190 months

May 20261576106.413.05$1,861
Apr 2026059498.932.87$1,705
Mar 2026166489.753.15$2,181
Feb 202612546363.503.75$9,674
Jan 202616649759.138.00$13,791
Dec 2025063956.664.41$2,820
Nov 2025056658.593.93$2,222
Oct 2025058059.383.30$1,917
Sep 2025047862.743.08$1,471
Aug 2025065863.933.01$1,984
Jul 2025067366.743.32$2,231
Jun 2025059466.483.13$1,858
May 2025064160.553.23$2,072
Apr 2025060462.363.54$2,140
Mar 2025068267.704.27$2,911
Feb 2025061370.884.34$2,661
Jan 2025071674.324.28$3,064
Dec 2024067268.993.12$2,098
Nov 2024065269.052.20$1,433
Oct 2024066471.372.28$1,515
Sep 2024068169.612.36$1,610
Aug 2024068375.632.06$1,409
Jul 2024068079.932.15$1,460
Jun 2024062078.082.63$1,633
May 2024045278.812.20$994
Apr 2024052284.451.66$866
Mar 2024027880.301.55$430
Feb 2024055976.091.78$997
Jan 2024047373.023.30$1,560
Dec 2023067771.262.61$1,767
Nov 2023062077.892.81$1,741
Oct 2023062485.443.09$1,926
Sep 202302,25689.042.74$6,170
Aug 202303,18580.522.67$8,513
Jul 2023038574.852.64$1,017
Jun 2023014568.962.26$327
May 2023066470.622.23$1,479
Apr 2023069278.122.24$1,549
Mar 2023069572.852.39$1,663
Feb 2023044475.112.47$1,095
Jan 2023045476.533.39$1,538
Dec 2022036476.415.73$2,085
Nov 202203,79385.005.65$21,416
Oct 202203,56787.185.86$20,916
Sep 202203,21184.888.16$26,214
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202203,69891.054.86$17,968
Jan 20220081.844.54$0
Dec 2021096671.323.90$3,767
Nov 2021087777.435.24$4,593
Oct 202119583379.795.71$20,319
Sep 2021062969.865.35$3,366
Aug 202103,18766.024.22$13,451
Jul 202104,12370.783.98$16,418
Jun 202103,83069.493.38$12,948
May 2021071263.483.02$2,149
Apr 2021048960.362.76$1,349
Mar 2021048961.302.72$1,329
Feb 2021046557.805.55$2,580
Jan 2021073650.412.81$2,068
Dec 2020069444.642.68$1,857
Nov 2020059138.772.71$1,600
Oct 2020068636.972.48$1,700
Sep 2020069037.091.99$1,374
Aug 2020079139.982.39$1,887
Jul 2020082338.371.83$1,502
Jun 2020082334.901.69$1,391
May 2020083616.921.81$1,517
Apr 2020079214.751.80$1,429
Mar 2020084830.341.86$1,574
Feb 2020078749.881.98$1,559
Jan 2020085557.252.09$1,791
Dec 2019090959.012.30$2,095
Nov 2019085255.302.75$2,344
Oct 2019088253.472.42$2,133
Sep 201987288055.052.66$50,342
Aug 2019088453.112.30$2,037
Jul 201919284356.272.46$12,878
Jun 2019089052.782.49$2,217
May 2019089358.482.74$2,447
Apr 2019081362.632.75$2,236
Mar 2019083756.803.06$2,563
Feb 2019070150.852.79$1,957
Jan 2019081346.033.23$2,625
Dec 2018077546.594.19$3,244
Nov 2018078452.934.24$3,322
Oct 201818780561.443.40$14,225
Sep 2018074459.543.11$2,312
Aug 2018079559.403.07$2,438
Jul 2018086965.142.93$2,548
Jun 2018080660.183.08$2,480
May 2018083165.382.90$2,411
Apr 2018074963.842.90$2,173
Mar 2018073461.222.79$2,046
Feb 2018069761.782.77$1,928
Jan 2018058962.874.01$2,361
Dec 2017077157.272.92$2,252
Nov 2017078055.423.12$2,432
Oct 2017078449.292.98$2,339
Sep 2017075347.523.09$2,325
Aug 201718178445.373.00$10,567
Jul 2017067043.873.09$2,068
Jun 2017069942.493.09$2,158
May 2017066745.373.26$2,177
Apr 2017071847.933.21$2,306
Mar 2017078546.772.98$2,342
Feb 2017069050.452.95$2,037
Jan 201701,00449.413.42$3,432
Dec 2016091948.763.72$3,421
Nov 2016085942.492.64$2,272
Oct 201601,03246.193.09$3,189
Sep 201601,11841.553.10$3,467
Aug 201601,23241.442.92$3,603
Jul 2016080741.622.92$2,360
Jun 2016083745.352.69$2,248
May 2016089042.521.99$1,772
Apr 2016091436.561.99$1,820
Mar 201601,27233.011.79$2,282
Feb 201601,36526.472.06$2,817
Jan 201601,53527.352.36$3,629
Dec 201501,42232.362.00$2,846
Nov 201501,69138.792.17$3,665
Oct 201501,39043.552.43$3,373
Sep 20151821,62942.992.76$12,318
Aug 201501,65640.162.87$4,757
Jul 201501,47448.152.95$4,341
Jun 201501,67556.152.88$4,829
May 201501,27755.212.96$3,774
Apr 201502649.822.71$70
Mar 201501,24142.892.93$3,642
Feb 20151921,41844.662.98$12,795
Jan 201501,64643.433.10$5,104
Dec 201401,68554.693.59$6,051
Nov 201401,60070.464.25$6,803
Oct 201401,44678.303.90$5,641
Sep 201401,34886.164.05$5,453
Aug 201401,36089.394.04$5,488
Jul 2014098196.564.18$4,100
Jun 201401,13498.164.74$5,372
May 201401,36994.734.73$6,471
Apr 201402,13195.944.81$10,248
Mar 201401,50995.895.06$7,631
Feb 201401,55797.406.19$9,641
Jan 201402,54090.404.86$12,346
Dec 201303,35491.824.35$14,605
Nov 20131752,81688.853.74$26,076
Oct 20131862,44797.423.78$27,368
Sep 201303,215104.113.72$11,953
Aug 201303,807104.253.52$13,411
Jul 201302,635102.523.72$9,796
Jun 20131913,28394.403.93$30,944
May 201306,09094.834.15$25,268
Apr 20131874,49793.964.28$36,829
Mar 201306,21993.623.91$24,334
Feb 201306,09691.233.42$20,848
Jan 20133565,94591.603.42$52,941
Dec 20121906,84986.773.42$39,911
Nov 20122016,57586.953.62$41,311
Oct 201207,97689.383.40$27,116
Sep 20123817,86394.672.92$59,017
Aug 20121848,88192.662.91$42,877
Jul 20121873,04485.133.02$25,115
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121461,328101.652.00$17,493
Mar 20123846,191105.052.22$54,096
Feb 20123647,023101.102.57$54,851
Jan 201256413,91298.092.73$93,359
Dec 201156912,40396.873.24$95,302
Nov 20113908,89795.723.31$66,791
Oct 201158210,30884.983.65$87,068
Sep 20111,14619,90283.623.99$175,154
Aug 20112,5909,83583.404.15$256,815
Jul 20111,22025,63794.144.52$230,659
Jun 201170830,00092.904.64$204,970
May 201179425,82898.134.40$191,683
Apr 201106,149105.964.33$26,645
Mar 201101,83696.364.06$7,449
Feb 201101,55985.644.18$6,517
Jan 201101,00586.504.59$4,612
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$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             1 bbl  × $106.41 =       $106
Gas                  576 Mcf  × $  3.05 =     $1,754

────────────────────────────────────────────────────
Month total                                   $1,861

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/266305 is the state's own key, not one this site invented.