BUCKSHOT

Name: BUCKSHOT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RIO PETROLEUM, INC. (P-5 712840) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88003District 10Field 68831001NGPA filingGasSave Export

Value, all time

$1.2 M

Jan 1993 – Jul 2018

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

307

no gaps in the span

Streams

gas

The PANHANDLE, WEST 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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered

1933-02-08

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: “IS HEREBY SUSPENDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	370,461 Mcf	$1,189,174
Total			$1,189,174

89,541 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.4355, -101.1836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43554, -101.18360 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,830 ft

1 wells filed one

Completion to plug

33.6 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 2,830 ft.

Completions filed

Dec 1984

1 of 1 wells

Plug dates filed

Jul 2018

1 of 1 wells

Last completion to plug: a median of 33.6 years across the 1 well that filed both dates, with the middle half between 33.6 years and 33.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-06530731	1	2,830 ft	Dec 1984	Jul 2018	Yes

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 (307)

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

307 months


Jul 2018	0	65.14	2.93	$0
Jun 2018	426	60.18	3.08	$1,311
May 2018	675	65.38	2.90	$1,958
Apr 2018	296	63.84	2.90	$859
Mar 2018	589	61.22	2.79	$1,641
Feb 2018	290	61.78	2.77	$802
Jan 2018	200	62.87	4.01	$802
Dec 2017	273	57.27	2.92	$798
Nov 2017	625	55.42	3.12	$1,949
Oct 2017	368	49.29	2.98	$1,098
Sep 2017	613	47.52	3.09	$1,893
Aug 2017	648	45.37	3.00	$1,947
Jul 2017	560	43.87	3.09	$1,729
Jun 2017	647	42.49	3.09	$1,997
May 2017	654	45.37	3.26	$2,134
Apr 2017	570	47.93	3.21	$1,831
Mar 2017	370	46.77	2.98	$1,104
Feb 2017	0	50.45	2.95	$0
Jan 2017	177	49.41	3.42	$605
Dec 2016	144	48.76	3.72	$536
Nov 2016	251	42.49	2.64	$664
Oct 2016	307	46.19	3.09	$949
Sep 2016	177	41.55	3.10	$549
Aug 2016	69	41.44	2.92	$202
Jul 2016	656	41.62	2.92	$1,918
Jun 2016	597	45.35	2.69	$1,603
May 2016	252	42.52	1.99	$502
Apr 2016	572	36.56	1.99	$1,139
Mar 2016	508	33.01	1.79	$911
Feb 2016	469	26.47	2.06	$968
Jan 2016	174	27.35	2.36	$411
Dec 2015	333	32.36	2.00	$666
Nov 2015	385	38.79	2.17	$834
Oct 2015	779	43.55	2.43	$1,890
Sep 2015	678	42.99	2.76	$1,870
Aug 2015	316	40.16	2.87	$908
Jul 2015	889	48.15	2.95	$2,618
Jun 2015	564	56.15	2.88	$1,626
May 2015	651	55.21	2.96	$1,924
Apr 2015	637	49.82	2.71	$1,724
Mar 2015	502	42.89	2.93	$1,473
Feb 2015	307	44.66	2.98	$914
Jan 2015	198	43.43	3.10	$614
Dec 2014	583	54.69	3.59	$2,094
Nov 2014	495	70.46	4.25	$2,105
Oct 2014	168	78.30	3.90	$655
Sep 2014	0	86.16	4.05	$0
Aug 2014	0	89.39	4.04	$0
Jul 2014	191	96.56	4.18	$798
Jun 2014	276	98.16	4.74	$1,307
May 2014	225	94.73	4.73	$1,063
Apr 2014	711	95.94	4.81	$3,419
Mar 2014	421	95.89	5.06	$2,129
Feb 2014	537	97.40	6.19	$3,325
Jan 2014	583	90.40	4.86	$2,834
Dec 2013	738	91.82	4.35	$3,214
Nov 2013	735	88.85	3.74	$2,748
Oct 2013	669	97.42	3.78	$2,528
Sep 2013	602	104.11	3.72	$2,238
Aug 2013	714	104.25	3.52	$2,515
Jul 2013	696	102.52	3.72	$2,588
Jun 2013	631	94.40	3.93	$2,482
May 2013	543	94.83	4.15	$2,253
Apr 2013	601	93.96	4.28	$2,574
Mar 2013	608	93.62	3.91	$2,379
Feb 2013	686	91.23	3.42	$2,346
Jan 2013	474	91.60	3.42	$1,621
Dec 2012	1	86.77	3.42	$3
Nov 2012	255	86.95	3.62	$924
Oct 2012	672	89.38	3.40	$2,285
Sep 2012	598	94.67	2.92	$1,745
Aug 2012	719	92.66	2.91	$2,091
Jul 2012	670	85.13	3.02	$2,024
Jun 2012	715	79.82	2.52	$1,801
May 2012	630	91.61	2.49	$1,568
Apr 2012	708	101.65	2.00	$1,414
Mar 2012	718	105.05	2.22	$1,595
Feb 2012	503	101.10	2.57	$1,293
Jan 2012	701	98.09	2.73	$1,917
Dec 2011	883	96.87	3.24	$2,861
Nov 2011	729	95.72	3.31	$2,414
Oct 2011	790	84.98	3.65	$2,882
Sep 2011	508	83.62	3.99	$2,025
Aug 2011	698	83.40	4.15	$2,896
Jul 2011	796	94.14	4.52	$3,596
Jun 2011	682	92.90	4.64	$3,164
May 2011	771	98.13	4.40	$3,396
Apr 2011	759	105.96	4.33	$3,289
Mar 2011	816	96.36	4.06	$3,311
Feb 2011	587	85.64	4.18	$2,454
Jan 2011	757	86.50	4.59	$3,474
Dec 2010	734	85.73	4.35	$3,191
Nov 2010	789	80.84	3.80	$2,995
Oct 2010	832	78.10	3.51	$2,919
Sep 2010	805	72.63	3.98	$3,203
Aug 2010	819	73.68	4.42	$3,619
Jul 2010	800	72.55	4.74	$3,789
Jun 2010	809	70.36	4.91	$3,973
May 2010	794	71.12	4.24	$3,363
Apr 2010	841	81.69	4.12	$3,467
Mar 2010	812	78.39	4.39	$3,564
Feb 2010	681	73.58	5.44	$3,706
Jan 2010	769	74.36	5.96	$4,586
Dec 2009	682	71.44	5.48	$3,740
Nov 2009	787	74.59	3.75	$2,952
Oct 2009	894	72.54	4.11	$3,675
Sep 2009	871	65.54	3.06	$2,669
Aug 2009	811	67.42	3.22	$2,610
Jul 2009	858	61.13	3.46	$2,973
Jun 2009	781	66.16	3.90	$3,042
May 2009	861	54.74	3.93	$3,380
Apr 2009	795	46.77	3.59	$2,852
Mar 2009	874	42.14	4.06	$3,548
Feb 2009	602	32.81	4.63	$2,789
Jan 2009	660	35.86	5.37	$3,545
Dec 2008	797	37.10	5.98	$4,764
Nov 2008	882	55.49	6.86	$6,051
Oct 2008	866	75.24	6.92	$5,994
Sep 2008	807	101.76	7.88	$6,357
Aug 2008	696	114.22	8.48	$5,904
Jul 2008	726	131.08	11.39	$8,269
Jun 2008	878	131.33	13.03	$11,443
May 2008	861	123.17	11.57	$9,965
Apr 2008	763	110.31	10.45	$7,977
Mar 2008	744	101.90	9.66	$7,190
Feb 2008	433	92.53	8.77	$3,798
Jan 2008	804	90.38	8.21	$6,597
Dec 2007	822	88.33	7.30	$6,002
Nov 2007	732	91.67	7.29	$5,338
Oct 2007	860	82.85	6.92	$5,953
Sep 2007	920	75.84	6.24	$5,745
Aug 2007	973	69.06	6.39	$6,215
Jul 2007	908	70.90	6.39	$5,800
Jun 2007	784	62.00	7.55	$5,918
May 2007	633	58.74	7.85	$4,967
Apr 2007	757	59.61	7.81	$5,909
Mar 2007	313	56.92	7.30	$2,286
Feb 2007	757	55.10	8.22	$6,220
Jan 2007	522	50.30	6.73	$3,511
Dec 2006	865	56.65	6.92	$5,984
Nov 2006	824	54.20	7.62	$6,277
Oct 2006	957	54.90	6.01	$5,755
Sep 2006	1,022	60.08	5.04	$5,148
Aug 2006	1,166	68.71	7.34	$8,558
Jul 2006	1,224	69.37	6.34	$7,764
Jun 2006	735	66.28	6.38	$4,692
May 2006	692	66.01	6.42	$4,446
Apr 2006	703	64.39	7.36	$5,174
Mar 2006	872	56.70	7.08	$6,176
Feb 2006	866	57.59	7.75	$6,712
Jan 2006	1,028	60.59	8.93	$9,183
Dec 2005	942	54.94	13.42	$12,637
Nov 2005	953	54.69	10.59	$10,091
Oct 2005	1,036	58.34	13.80	$14,292
Sep 2005	1,050	61.45	12.08	$12,683
Aug 2005	1,053	61.51	9.80	$10,316
Jul 2005	1,112	55.69	7.84	$8,722
Jun 2005	1,118	52.33	7.38	$8,252
May 2005	1,173	45.22	6.65	$7,802
Apr 2005	1,140	49.20	7.36	$8,391
Mar 2005	1,108	50.37	7.15	$7,928
Feb 2005	965	45.22	6.31	$6,091
Jan 2005	1,022	43.16	6.32	$6,461
Dec 2004	879	39.86	6.75	$5,934
Nov 2004	986	45.28	6.33	$6,242
Oct 2004	1,163	49.70	6.52	$7,577
Sep 2004	1,136	43.24	5.28	$6,003
Aug 2004	1,182	42.37	5.55	$6,561
Jul 2004	989	38.28	6.08	$6,017
Jun 2004	1,206	36.10	6.43	$7,758
May 2004	1,183	37.48	6.49	$7,683
Apr 2004	1,120	34.47	5.86	$6,561
Mar 2004	1,168	34.36	5.53	$6,459
Feb 2004	816	32.45	5.51	$4,496
Jan 2004	1,289	32.03	6.30	$8,120
Dec 2003	1,296	30.26	6.30	$8,167
Nov 2003	1,266	28.80	4.60	$5,817
Oct 2003	1,395	28.17	4.76	$6,640
Sep 2003	1,482	26.31	4.75	$7,039
Aug 2003	1,192	29.76	5.13	$6,115
Jul 2003	1,257	29.41	5.17	$6,500
Jun 2003	1,419	28.56	5.98	$8,490
May 2003	1,432	26.59	5.97	$8,553
Apr 2003	1,358	26.67	5.41	$7,343
Mar 2003	1,502	31.14	6.10	$9,156
Feb 2003	883	33.48	7.93	$6,999
Jan 2003	1,342	30.31	5.58	$7,491
Dec 2002	1,496	26.91	4.85	$7,261
Nov 2002	1,456	24.66	4.14	$6,023
Oct 2002	1,431	26.46	4.23	$6,052
Sep 2002	1,424	27.44	3.64	$5,177
Aug 2002	1,832	25.96	3.16	$5,797
Jul 2002	1,443	24.58	3.06	$4,418
Jun 2002	1,645	23.73	3.34	$5,491
May 2002	1,470	24.66	3.58	$5,268
Apr 2002	1,470	23.65	3.51	$5,163
Mar 2002	1,924	22.00	3.10	$5,970
Feb 2002	2,301	18.22	2.38	$5,466
Jan 2002	1,821	17.17	2.38	$4,326
Dec 2001	1,699	16.93	2.36	$4,017
Nov 2001	1,690	18.07	2.41	$4,065
Oct 2001	2,156	19.78	2.53	$5,452
Sep 2001	1,609	24.26	2.25	$3,622
Aug 2001	1,929	24.87	3.05	$5,890
Jul 2001	2,156	23.93	3.20	$6,893
Jun 2001	1,970	24.56	3.82	$7,534
May 2001	1,924	25.52	4.31	$8,287
Apr 2001	2,273	24.68	5.34	$12,127
Mar 2001	1,817	24.54	5.38	$9,769
Feb 2001	1,768	27.75	5.77	$10,196
Jan 2001	1,812	27.47	8.40	$15,219
Dec 2000	1,785	26.88	9.12	$16,284
Nov 2000	1,741	32.21	5.66	$9,851
Oct 2000	1,975	31.23	5.15	$10,162
Sep 2000	2,120	31.87	5.19	$10,995
Aug 2000	2,250	29.64	4.54	$10,217
Jul 2000	2,461	28.53	4.09	$10,065
Jun 2000	2,015	29.30	4.40	$8,860
May 2000	2,367	27.26	3.68	$8,710
Apr 2000	2,425	24.51	3.12	$7,556
Mar 2000	2,171	28.42	2.86	$6,209
Feb 2000	676	27.62	2.73	$1,843
Jan 2000	2,365	25.27	2.48	$5,866
Dec 1999	2,414	24.28	2.42	$5,851
Nov 1999	2,377	23.19	2.43	$5,786
Oct 1999	2,649	20.98	2.80	$7,427
Sep 1999	2,666	21.75	2.62	$6,982
Aug 1999	2,809	19.26	2.88	$8,078
Jul 1999	2,833	17.89	2.37	$6,721
Jun 1999	2,450	15.94	2.36	$5,787
May 1999	2,868	15.79	2.32	$6,657
Apr 1999	2,793	15.10	2.21	$6,167
Mar 1999	2,873	12.47	1.84	$5,282
Feb 1999	2,574	9.98	1.82	$4,679
Jan 1999	2,855	10.38	1.90	$5,424
Dec 1998	2,922	9.20	1.77	$5,182
Nov 1998	2,726	10.89	2.19	$5,958
Oct 1998	2,911	12.42	1.97	$5,732
Sep 1998	2,749	12.59	2.08	$5,725
Aug 1998	2,812	11.30	1.91	$5,363
Jul 1998	2,920	11.74	2.24	$6,533
Jun 1998	2,992	11.24	2.24	$6,694
May 1998	2,237	12.62	2.21	$4,936
Apr 1998	2,417	13.04	2.51	$6,055
Mar 1998	407	12.80	2.31	$940
Feb 1998	594	13.95	2.30	$1,366
Jan 1998	453	14.70	2.15	$976
Dec 1997	1,326	16.32	2.41	$3,197
Nov 1997	1,804	18.19	3.09	$5,571
Oct 1997	1,981	19.25	3.15	$6,240
Sep 1997	1,934	17.74	2.95	$5,715
Aug 1997	1,056	17.86	2.55	$2,698
Jul 1997	2,306	17.58	2.25	$5,181
Jun 1997	2,009	17.24	2.26	$4,535
May 1997	1,075	18.97	2.31	$2,482
Apr 1997	1,514	17.88	2.08	$3,153
Mar 1997	1,695	18.95	1.94	$3,287
Feb 1997	1,640	20.49	2.21	$3,618
Jan 1997	1,697	23.48	3.54	$6,007
Dec 1996	2,716	23.32	—	$0
Nov 1996	274	21.97	—	$0
Oct 1996	275	23.31	—	$0
Sep 1996	102	22.22	—	$0
Aug 1996	397	20.26	—	$0
Jul 1996	2,152	19.55	—	$0
Jun 1996	1,700	18.73	—	$0
May 1996	1,912	19.43	—	$0
Apr 1996	1,353	21.51	—	$0
Mar 1996	1,413	19.38	—	$0
Feb 1996	1,753	16.98	—	$0
Jan 1996	1,973	17.07	—	$0
Dec 1995	1,804	17.19	—	$0
Nov 1995	1,793	16.00	—	$0
Oct 1995	2,054	15.43	—	$0
Sep 1995	2,050	16.18	—	$0
Aug 1995	1,928	15.92	—	$0
Jul 1995	2,023	15.24	—	$0
Jun 1995	2,085	16.41	—	$0
May 1995	2,333	17.56	—	$0
Apr 1995	2,178	17.73	—	$0
Mar 1995	2,413	16.44	—	$0
Feb 1995	2,321	16.58	—	$0
Jan 1995	1,944	15.92	—	$0
Dec 1994	2,361	15.03	—	$0
Nov 1994	2,266	15.90	—	$0
Oct 1994	2,347	15.58	—	$0
Sep 1994	2,249	15.29	—	$0
Aug 1994	2,415	16.13	—	$0
Jul 1994	2,498	17.56	—	$0
Jun 1994	2,515	17.09	—	$0
May 1994	2,260	15.88	—	$0
Apr 1994	2,352	14.14	—	$0
Mar 1994	2,588	12.46	—	$0
Feb 1994	2,511	12.50	—	$0
Jan 1994	2,824	12.66	—	$0
Dec 1993	2,870	12.33	—	$0
Nov 1993	3,083	14.49	—	$0
Oct 1993	2,710	15.85	—	$0
Sep 1993	253	15.03	—	$0
Aug 1993	81	15.66	—	$0
Jul 1993	72	15.46	—	$0
Jun 1993	0	16.79	—	$0
May 1993	311	17.68	—	$0
Apr 1993	2,370	18.05	—	$0
Mar 1993	2,667	18.14	—	$0
Feb 1993	2,376	17.90	—	$0
Jan 1993	2,616	16.93	—	$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.

Jun 2018 — as filed, then multipliedworked

Gas                  426 Mcf  × $  3.08 =     $1,311

────────────────────────────────────────────────────
Month total                                   $1,311

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/88003 is the state's own key, not one this site invented.