BUZZARD, G. F.

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

Operated by NATURAL GAS ANADARKO COMPANY (P-5 600750) in the FARNSWORTH, SE. (MORROW, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1920District 10Field 30279500OilCasinghead gasSave Export

Value, all time

$292 k

Jan 1993 – Dec 2003

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

132

no gaps in the span

Streams

oil, casinghead gas

The FARNSWORTH, SE. (MORROW, UP.) 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 20 leases and 26 wells, and the rule below applies to all of them.

Discovered

1958-09-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2003-04-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 04/01/2003.”

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
Oil	Disposition	2,760 bbl	$50,022
Casinghead gas	Production	147,571 Mcf	$241,689
Total			$291,710

68,506 Mcf of this lease's gas, across 48 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 36.2008, -100.9036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.20082, -100.90358 · 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

0.0%

0 of 1 wells

Median depth

9,300 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

1100.0%

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.

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 9,300 ft.

Completions filed

Sep 1958

1 of 1 wells

1 well


42-35700488	1	9,300 ft	Sep 1958	—	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 (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


Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	121	0	26.31	4.75	$3,184
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	1,114	24.66	4.14	$4,609
Oct 2002	0	1,126	26.46	4.23	$4,762
Sep 2002	0	1,139	27.44	3.64	$4,140
Aug 2002	0	1,193	25.96	3.16	$3,775
Jul 2002	0	1,101	24.58	3.06	$3,371
Jun 2002	0	1,241	23.73	3.34	$4,143
May 2002	0	913	24.66	3.58	$3,272
Apr 2002	0	1,198	23.65	3.51	$4,208
Mar 2002	0	1,490	22.00	3.10	$4,623
Feb 2002	0	58	18.22	2.38	$138
Jan 2002	0	84	17.17	2.38	$200
Dec 2001	0	401	16.93	2.36	$948
Nov 2001	0	1,108	18.07	2.41	$2,665
Oct 2001	0	1,160	19.78	2.53	$2,934
Sep 2001	0	1,105	24.26	2.25	$2,488
Aug 2001	0	1,129	24.87	3.05	$3,447
Jul 2001	0	1,166	23.93	3.20	$3,728
Jun 2001	0	1,141	24.56	3.82	$4,363
May 2001	0	1,120	25.52	4.31	$4,824
Apr 2001	0	988	24.68	5.34	$5,271
Mar 2001	0	1,135	24.54	5.38	$6,102
Feb 2001	0	758	27.75	5.77	$4,371
Jan 2001	0	623	27.47	8.40	$5,232
Dec 2000	0	1,011	26.88	9.12	$9,223
Nov 2000	181	744	32.21	5.66	$10,040
Oct 2000	0	1,099	31.23	5.15	$5,655
Sep 2000	0	934	31.87	5.19	$4,844
Aug 2000	0	1,140	29.64	4.54	$5,176
Jul 2000	0	929	28.53	4.09	$3,799
Jun 2000	0	1,111	29.30	4.40	$4,885
May 2000	0	1,163	27.26	3.68	$4,280
Apr 2000	0	1,100	24.51	3.12	$3,428
Mar 2000	0	1,161	28.42	2.86	$3,320
Feb 2000	0	1,046	27.62	2.73	$2,852
Jan 2000	161	1,157	25.27	2.48	$6,938
Dec 1999	0	1,159	24.28	2.42	$2,809
Nov 1999	0	1,140	23.19	2.43	$2,775
Oct 1999	0	1,158	20.98	2.80	$3,247
Sep 1999	0	1,153	21.75	2.62	$3,020
Aug 1999	0	1,220	19.26	2.88	$3,508
Jul 1999	0	1,237	17.89	2.37	$2,935
Jun 1999	178	1,200	15.94	2.36	$5,672
May 1999	0	1,243	15.79	2.32	$2,885
Apr 1999	0	1,215	15.10	2.21	$2,683
Mar 1999	0	1,354	12.47	1.84	$2,489
Feb 1999	0	759	9.98	1.82	$1,380
Jan 1999	0	1,088	10.38	1.90	$2,067
Dec 1998	0	1,104	9.20	1.77	$1,958
Nov 1998	0	1,210	10.89	2.19	$2,645
Oct 1998	168	1,240	12.42	1.97	$4,528
Sep 1998	0	1,066	12.59	2.08	$2,220
Aug 1998	0	1,274	11.30	1.91	$2,430
Jul 1998	0	1,279	11.74	2.24	$2,861
Jun 1998	0	657	11.24	2.24	$1,470
May 1998	0	1,281	12.62	2.21	$2,826
Apr 1998	0	1,244	13.04	2.51	$3,117
Mar 1998	0	1,103	12.80	2.31	$2,547
Feb 1998	177	1,143	13.95	2.30	$5,097
Jan 1998	0	1,269	14.70	2.15	$2,734
Dec 1997	0	1,133	16.32	2.41	$2,732
Nov 1997	0	849	18.19	3.09	$2,622
Oct 1997	0	1,416	19.25	3.15	$4,460
Sep 1997	0	1,493	17.74	2.95	$4,412
Aug 1997	0	1,544	17.86	2.55	$3,945
Jul 1997	173	1,566	17.58	2.25	$6,560
Jun 1997	0	1,462	17.24	2.26	$3,300
May 1997	0	1,469	18.97	2.31	$3,391
Apr 1997	0	1,337	17.88	2.08	$2,785
Mar 1997	0	1,411	18.95	1.94	$2,736
Feb 1997	176	1,303	20.49	2.21	$6,481
Jan 1997	0	1,200	23.48	3.54	$4,248
Dec 1996	0	1,269	23.32	—	$0
Nov 1996	0	1,359	21.97	—	$0
Oct 1996	0	1,407	23.31	—	$0
Sep 1996	0	1,393	22.22	—	$0
Aug 1996	0	1,454	20.26	—	$0
Jul 1996	179	1,427	19.55	—	$3,499
Jun 1996	0	1,443	18.73	—	$0
May 1996	0	1,549	19.43	—	$0
Apr 1996	0	1,518	21.51	—	$0
Mar 1996	0	1,371	19.38	—	$0
Feb 1996	171	1,193	16.98	—	$2,904
Jan 1996	0	744	17.07	—	$0
Dec 1995	0	1,055	17.19	—	$0
Nov 1995	0	1,383	16.00	—	$0
Oct 1995	0	1,457	15.43	—	$0
Sep 1995	0	1,392	16.18	—	$0
Aug 1995	0	1,534	15.92	—	$0
Jul 1995	177	1,563	15.24	—	$2,697
Jun 1995	0	1,134	16.41	—	$0
May 1995	0	1,452	17.56	—	$0
Apr 1995	0	1,431	17.73	—	$0
Mar 1995	0	1,434	16.44	—	$0
Feb 1995	0	1,334	16.58	—	$0
Jan 1995	0	1,441	15.92	—	$0
Dec 1994	179	1,508	15.03	—	$2,690
Nov 1994	0	1,522	15.90	—	$0
Oct 1994	0	1,844	15.58	—	$0
Sep 1994	0	1,442	15.29	—	$0
Aug 1994	173	1,622	16.13	—	$2,790
Jul 1994	0	1,539	17.56	—	$0
Jun 1994	0	1,554	17.09	—	$0
May 1994	0	1,549	15.88	—	$0
Apr 1994	0	1,737	14.14	—	$0
Mar 1994	191	1,438	12.46	—	$2,380
Feb 1994	0	1,074	12.50	—	$0
Jan 1994	0	1,343	12.66	—	$0
Dec 1993	0	1,299	12.33	—	$0
Nov 1993	0	1,356	14.49	—	$0
Oct 1993	0	1,573	15.85	—	$0
Sep 1993	0	1,567	15.03	—	$0
Aug 1993	186	1,597	15.66	—	$2,913
Jul 1993	0	1,650	15.46	—	$0
Jun 1993	0	1,464	16.79	—	$0
May 1993	0	1,538	17.68	—	$0
Apr 1993	0	1,542	18.05	—	$0
Mar 1993	0	1,569	18.14	—	$0
Feb 1993	169	1,019	17.90	—	$3,025
Jan 1993	0	1,423	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.

Sep 2003 — as filed, then multipliedworked

Oil                  121 bbl  × $ 26.31 =     $3,184
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $3,184

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/O/1920 is the state's own key, not one this site invented.