BUCKLES

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268451District 10Field 89120001GasSaveExport
Value, all time
$1.9 M
Aug 2012 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
166
no gaps in the span
Streams
1
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction573,752 Mcf$1,947,590
Total$1,947,590

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 36.1655, -102.0044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.16546, -102.00438 · 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
3,347 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 3,347 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-4213120733,347 ftAug 2012

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 (166)

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

166 months

May 20261,274106.413.05$3,880
Apr 20261,58298.932.87$4,540
Mar 20261,11389.753.15$3,505
Feb 20261,11763.503.75$4,189
Jan 20261,16059.138.00$9,278
Dec 20251,36656.664.41$6,029
Nov 20251,49458.593.93$5,866
Oct 20251,39259.383.30$4,600
Sep 20251,43262.743.08$4,406
Aug 20251,85063.933.01$5,577
Jul 20251,11966.743.32$3,710
Jun 20251,32366.483.13$4,139
May 20251,38360.553.23$4,470
Apr 20251,68262.363.54$5,960
Mar 20251,40967.704.27$6,014
Feb 20251,22270.884.34$5,305
Jan 20251,49374.324.28$6,388
Dec 20241,50868.993.12$4,707
Nov 202467769.052.20$1,488
Oct 20241,26871.372.28$2,893
Sep 20241,70069.612.36$4,019
Aug 20241,35075.632.06$2,786
Jul 20241,97679.932.15$4,242
Jun 20241,76378.082.63$4,644
May 20241,69078.812.20$3,715
Apr 20241,53084.451.66$2,539
Mar 20241,74580.301.55$2,696
Feb 20242,23476.091.78$3,985
Jan 20242,44673.023.30$8,066
Dec 20232,26371.262.61$5,908
Nov 20232,54077.892.81$7,131
Oct 20232,59685.443.09$8,015
Sep 20232,33089.042.74$6,373
Aug 20232,45180.522.67$6,551
Jul 20232,54374.852.64$6,718
Jun 20231,40968.962.26$3,182
May 20232,28170.622.23$5,081
Apr 20232,36678.122.24$5,295
Mar 20232,16772.852.39$5,186
Feb 20231,57075.112.47$3,871
Jan 20231,90576.533.39$6,454
Dec 20221,52376.415.73$8,725
Nov 20222,00585.005.65$11,321
Oct 20221,66587.185.86$9,763
Sep 20221,92884.888.16$15,740
Aug 20221,64694.529.13$15,023
Jul 20221,939101.587.54$14,624
Jun 20221,707115.097.98$13,617
May 20222,320109.378.43$19,565
Apr 20222,768104.226.84$18,926
Mar 20223,294108.885.08$16,722
Feb 20221,97491.054.86$9,591
Jan 20222,80681.844.54$12,733
Dec 20212,39271.323.90$9,327
Nov 20212,02477.435.24$10,599
Oct 20211,95779.795.71$11,182
Sep 20211,80069.865.35$9,632
Aug 20211,91066.024.22$8,061
Jul 20211,13370.783.98$4,512
Jun 20211,74669.493.38$5,903
May 20211,62963.483.02$4,916
Apr 20212,35160.362.76$6,485
Mar 20212,10961.302.72$5,730
Feb 20211,13157.805.55$6,275
Jan 20211,72950.412.81$4,859
Dec 20202,12444.642.68$5,683
Nov 20201,94738.772.71$5,270
Oct 20201,60136.972.48$3,968
Sep 20201,73337.091.99$3,450
Aug 20202,12339.982.39$5,064
Jul 20202,91838.371.83$5,326
Jun 20205,13634.901.69$8,681
May 20204,33816.921.81$7,872
Apr 20204,25314.751.80$7,674
Mar 20201,48430.341.86$2,755
Feb 20204,93349.881.98$9,771
Jan 20202,37357.252.09$4,971
Dec 20196,04759.012.30$13,934
Nov 20195,87255.302.75$16,152
Oct 20193,99353.472.42$9,657
Sep 20196,75755.052.66$17,955
Aug 20193,00553.112.30$6,925
Jul 201970356.272.46$1,729
Jun 201956052.782.49$1,395
May 20192,55658.482.74$7,004
Apr 20192,57662.632.75$7,086
Mar 20192,25656.803.06$6,908
Feb 20192,61150.852.79$7,290
Jan 20192,49946.033.23$8,067
Dec 20182,88146.594.19$12,058
Nov 20182,49952.934.24$10,589
Oct 20183,02661.443.40$10,283
Sep 20182,72859.543.11$8,479
Aug 20181,82759.403.07$5,603
Jul 20182,91865.142.93$8,555
Jun 20182,91660.183.08$8,972
May 20183,49965.382.90$10,150
Apr 20182,43963.842.90$7,075
Mar 20185061.222.79$139
Feb 20183,07961.782.77$8,517
Jan 20185,22162.874.01$20,933
Dec 20173,20357.272.92$9,358
Nov 20174,33555.423.12$13,518
Oct 20176,30749.292.98$18,818
Sep 20176,02947.523.09$18,613
Aug 20173,91445.373.00$11,759
Jul 20174,03143.873.09$12,445
Jun 20173,16242.493.09$9,762
May 20172,27045.373.26$7,408
Apr 20176,51647.933.21$20,927
Mar 20176,19646.772.98$18,487
Feb 20173,85650.452.95$11,385
Jan 20174,58249.413.42$15,665
Dec 20162,16748.763.72$8,067
Nov 20163,90842.492.64$10,334
Oct 20162,75246.193.09$8,504
Sep 20164,16841.553.10$12,923
Aug 20164,80741.442.92$14,057
Jul 20165,25441.622.92$15,364
Jun 20165,10445.352.69$13,708
May 20163,23942.521.99$6,449
Apr 20162,94236.561.99$5,858
Mar 20165,17733.011.79$9,288
Feb 20164,28026.472.06$8,832
Jan 20164,86227.352.36$11,496
Dec 20155,02132.362.00$10,049
Nov 20154,34238.792.17$9,411
Oct 20154,74443.552.43$11,512
Sep 20155,15842.992.76$14,228
Aug 20154,73040.162.87$13,587
Jul 20154,91048.152.95$14,460
Jun 20155,37656.152.88$15,498
May 20156,22855.212.96$18,407
Apr 20153,80749.822.71$10,304
Mar 20155,65442.892.93$16,593
Feb 20155,20344.662.98$15,485
Jan 20154,91143.433.10$15,227
Dec 20145,66654.693.59$20,349
Nov 20145,67770.464.25$24,138
Oct 20146,10178.303.90$23,800
Sep 20146,21986.164.05$25,159
Aug 20146,44489.394.04$26,002
Jul 20147,93996.564.18$33,182
Jun 20147,42598.164.74$35,171
May 20145,25894.734.73$24,852
Apr 20144,67095.944.81$22,459
Mar 20145,67695.895.06$28,702
Feb 20144,73897.406.19$29,338
Jan 20146,58290.404.86$31,993
Dec 20134,69991.824.35$20,462
Nov 20135,21288.853.74$19,484
Oct 20136,65297.423.78$25,140
Sep 20136,843104.113.72$25,440
Aug 20136,998104.253.52$24,651
Jul 20137,168102.523.72$26,649
Jun 20136,75894.403.93$26,582
May 20137,01994.834.15$29,122
Apr 20138,14093.964.28$34,860
Mar 20138,32993.623.91$32,590
Feb 20137,56491.233.42$25,868
Jan 20138,65791.603.42$29,606
Dec 20129,75386.773.42$33,357
Nov 20129,06886.953.62$32,871
Oct 20127,69789.383.40$26,167
Sep 201233694.672.92$981
Aug 20122,63392.662.91$7,657

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
Gas                1,274 Mcf  × $  3.05 =     $3,880

────────────────────────────────────────────────────
Month total                                   $3,880

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/268451 is the state's own key, not one this site invented.