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BUCKTHAL

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the HEMPHILL (DOUGLAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278423District 10Field 403111002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jun 2015 – May 2026
Value, last 12 filed months
$224 k
at the published price for each month
Months reported
132
no gaps in the span
Streams
2
condensate, gas

The HEMPHILL (DOUGLAS) field

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 239 leases and 247 wells, and the rule below applies to all of them.

Discovered
1977-09-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2012-08-21.

The Commission's schedule remark for this field reads: “ DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112018-04-13220634
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition11,001 bbl$618,317
GasProduction1,081,122 Mcf$3,273,348
Total$3,891,665

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 35.7638, -100.2883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.76380, -100.28834 · 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
7,803 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 7,803 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-211354771604H7,803 ftJun 2015——

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 (132)

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

132 months

May 202605,217106.413.05$15,890
Apr 2026995,21898.932.87$24,768
Mar 20261353,01189.753.15$21,599
Feb 202604,63263.503.75$17,371
Jan 2026904,98359.138.00$45,175
Dec 202506,73356.664.41$29,715
Nov 20253868358.593.93$4,908
Oct 2025039159.383.30$1,292
Sep 202501,67862.743.08$5,163
Aug 20251004,54263.933.01$20,086
Jul 20251044,97166.743.32$23,421
Jun 202504,76766.483.13$14,915
May 2025744,87360.553.23$20,232
Apr 20251724,40162.363.54$26,319
Mar 202505,02767.704.27$21,457
Feb 20251413,09270.884.34$23,416
Jan 202504,36674.324.28$18,681
Dec 2024885,05268.993.12$21,840
Nov 2024644,49869.052.20$14,308
Oct 202404,86071.372.28$11,088
Sep 20241084,65969.612.36$18,533
Aug 2024635,13175.632.06$15,353
Jul 202404,94579.932.15$10,615
Jun 20241285,09278.082.63$23,406
May 2024505,71978.812.20$16,513
Apr 20241054,57784.451.66$16,461
Mar 2024434,96880.301.55$11,129
Feb 20241924,56976.091.78$22,759
Jan 202404,31773.023.30$14,236
Dec 202305,13671.262.61$13,409
Nov 20231073,88577.892.81$19,242
Oct 20231184,60885.443.09$24,308
Sep 2023234,40089.042.74$14,082
Aug 202304,67080.522.67$12,482
Jul 20231734,91674.852.64$25,936
Jun 202304,87668.962.26$11,012
May 202305,14370.622.23$11,456
Apr 20231885,11878.122.24$26,139
Mar 202304,59672.852.39$10,999
Feb 202303,44475.112.47$8,492
Jan 20231184,85076.533.39$25,461
Dec 2022214,64576.415.73$28,216
Nov 20221915,39985.005.65$46,719
Oct 202205,56087.185.86$32,603
Sep 2022305,65584.888.16$48,712
Aug 202206,14294.529.13$56,059
Jul 20221784,267101.587.54$50,263
Jun 202205,502115.097.98$43,891
May 202204,947109.378.43$41,718
Apr 20221374,977104.226.84$48,309
Mar 202204,133108.885.08$20,981
Feb 20221243,47091.054.86$28,150
Jan 202204,10981.844.54$18,645
Dec 2021825,40771.323.90$26,931
Nov 20211215,52177.435.24$38,282
Oct 202105,31779.795.71$30,381
Sep 2021815,07169.865.35$32,793
Aug 20211095,34166.024.22$29,738
Jul 202105,62170.783.98$22,383
Jun 202105,40669.493.38$18,276
May 20211715,09463.483.02$26,227
Apr 20211195,53160.362.76$22,440
Mar 202106,30161.302.72$17,119
Feb 20211273,51457.805.55$26,836
Jan 20211876,45950.412.81$27,578
Dec 202003,92944.642.68$10,512
Nov 202004,88938.772.71$13,232
Oct 20201385,57636.972.48$18,922
Sep 202006,54137.091.99$13,023
Aug 20201676,19639.982.39$21,455
Jul 20201814,46138.371.83$15,087
Jun 202006,88134.901.69$11,631
May 202007,68616.921.81$13,948
Apr 202001,85914.751.80$3,354
Mar 20201955,20330.341.86$15,574
Feb 20201894,89649.881.98$19,125
Jan 202004,85857.252.09$10,176
Dec 201905,48359.012.30$12,635
Nov 201905,48055.302.75$15,074
Oct 201905,95453.472.42$14,400
Sep 20191877,59855.052.66$30,484
Aug 201907,71653.112.30$17,780
Jul 201905,36856.272.46$13,206
Jun 201904,77652.782.49$11,898
May 201904,39958.482.74$12,055
Apr 201902,44662.632.75$6,728
Mar 2019086556.803.06$2,649
Feb 20191974,22650.852.79$21,817
Jan 201905,04646.033.23$16,289
Dec 201805,99646.594.19$25,096
Nov 201805,88452.934.24$24,932
Oct 201806,77261.443.40$23,012
Sep 201803,91359.543.11$12,162
Aug 201806,52659.403.07$20,012
Jul 20181907,81165.142.93$35,278
Jun 20181928,87160.183.08$38,850
May 2018010,25265.382.90$29,739
Apr 201819710,65463.842.90$43,482
Mar 201808,42261.222.79$23,471
Feb 201806,91461.782.77$19,125
Jan 20181937,95462.874.01$44,024
Dec 201719111,03657.272.92$43,180
Nov 201709,35355.423.12$29,166
Oct 201718211,45749.292.98$43,155
Sep 201719411,13347.523.09$43,590
Aug 201719311,88645.373.00$44,467
Jul 2017012,94443.873.09$39,962
Jun 2017011,90842.493.09$36,763
May 201719513,50845.373.26$52,929
Apr 201718613,73447.933.21$53,023
Mar 201719314,58346.772.98$52,538
Feb 201719513,68850.452.95$50,253
Jan 201719013,33149.413.42$54,964
Dec 201618915,14648.763.72$65,602
Nov 2016015,57542.492.64$41,186
Oct 201619117,67846.193.09$63,452
Sep 201618717,67141.553.10$62,561
Aug 2016018,05041.442.92$52,784
Jul 201619018,00041.622.92$60,546
Jun 201618518,12745.352.69$57,076
May 201619020,45842.521.99$48,812
Apr 201618721,27436.561.99$49,194
Mar 201618222,57333.011.79$46,504
Feb 201619522,85726.472.06$52,330
Jan 201639327,81827.352.36$76,520
Dec 201539033,59032.362.00$79,848
Nov 201518936,86038.792.17$87,219
Oct 201519741,63443.552.43$109,608
Sep 201519233,98842.992.76$102,007
Aug 2015023,92840.162.87$68,733
Jul 201508,14248.152.95$23,979
Jun 2015088856.152.88$2,560

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             0 bbl  × $106.41 =         $0
Gas                5,217 Mcf  × $  3.05 =    $15,890

────────────────────────────────────────────────────
Month total                                  $15,890

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/278423 is the state's own key, not one this site invented.