BUCKMINSTER

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

Operated by APACHE CORPORATION (P-5 27200) in the PERRYTON, WEST (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3803District 10Field 70750111NGPA filingOilCasinghead gasSave Export

Value, all time

$863 k

Jan 1993 – Sep 2005

Value, last 12 filed months

$46 k

at the published price for each month

Months reported

153

no gaps in the span

Streams

oil, casinghead gas

The PERRYTON, WEST (CLEVELAND) 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 18 leases and 21 wells, and the rule below applies to all of them.

Discovered

1958-11-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11”

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	2	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
Oil	Disposition	17,415 bbl	$342,134
Casinghead gas	Production	263,273 Mcf	$520,420
Total			$862,554

116,669 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 (3)

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 36.3065, -100.8645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

36.30669, -100.86436 · 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%

3 of 3 wells

With a plug date

66.7%

2 of 3 wells

Median depth

7,000 ft

3 wells filed one

Completion to plug

8.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

266.7%

BothOn the schedule and plugged. Neither fact cancels the other.

266.7%

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

Between 6,932 and 8,982 ft, median 7,000 ft, over the 3 wells that filed a depth.

Completions filed

Dec 2004 – Jun 2005

3 of 3 wells

Plug dates filed

Mar 2013 – Apr 2013

2 of 3 wells; 1 filed none

Last completion to plug: a median of 8.3 years across the 2 wells that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-35730122	1013	6,932 ft	Jun 2005	—	Yes
42-35731265	2013	7,000 ft	Dec 2004	Apr 2013	Yes
42-35731770	3013	8,982 ft	Dec 2004	Mar 2013	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 (153)

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

153 months


Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	9	0	55.69	7.84	$501
Jun 2005	132	0	52.33	7.38	$6,908
May 2005	0	721	45.22	6.65	$4,795
Apr 2005	65	0	49.20	7.36	$3,198
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	313	45.22	6.31	$1,976
Jan 2005	0	342	43.16	6.32	$2,162
Dec 2004	0	378	39.86	6.75	$2,552
Nov 2004	0	1,034	45.28	6.33	$6,546
Oct 2004	197	1,171	49.70	6.52	$17,420
Sep 2004	0	1,090	43.24	5.28	$5,759
Aug 2004	0	1,203	42.37	5.55	$6,677
Jul 2004	0	1,180	38.28	6.08	$7,179
Jun 2004	200	1,340	36.10	6.43	$15,840
May 2004	0	1,506	37.48	6.49	$9,781
Apr 2004	199	1,365	34.47	5.86	$14,856
Mar 2004	0	944	34.36	5.53	$5,220
Feb 2004	0	974	32.45	5.51	$5,366
Jan 2004	0	1,240	32.03	6.30	$7,812
Dec 2003	192	1,253	30.26	6.30	$13,706
Nov 2003	0	1,325	28.80	4.60	$6,089
Oct 2003	199	1,304	28.17	4.76	$11,812
Sep 2003	0	1,309	26.31	4.75	$6,217
Aug 2003	194	1,438	29.76	5.13	$13,150
Jul 2003	0	1,183	29.41	5.17	$6,117
Jun 2003	0	823	28.56	5.98	$4,924
May 2003	0	849	26.59	5.97	$5,071
Apr 2003	172	662	26.67	5.41	$8,167
Mar 2003	0	758	31.14	6.10	$4,621
Feb 2003	0	598	33.48	7.93	$4,740
Jan 2003	0	796	30.31	5.58	$4,443
Dec 2002	0	668	26.91	4.85	$3,242
Nov 2002	0	477	24.66	4.14	$1,973
Oct 2002	0	773	26.46	4.23	$3,269
Sep 2002	207	992	27.44	3.64	$9,286
Aug 2002	0	1,044	25.96	3.16	$3,303
Jul 2002	192	1,872	24.58	3.06	$10,451
Jun 2002	198	1,738	23.73	3.34	$10,500
May 2002	0	1,938	24.66	3.58	$6,946
Apr 2002	204	1,950	23.65	3.51	$11,674
Mar 2002	338	2,009	22.00	3.10	$13,669
Feb 2002	194	1,852	18.22	2.38	$7,934
Jan 2002	207	1,708	17.17	2.38	$7,612
Dec 2001	0	1,558	16.93	2.36	$3,684
Nov 2001	204	1,413	18.07	2.41	$7,085
Oct 2001	0	1,497	19.78	2.53	$3,786
Sep 2001	0	1,444	24.26	2.25	$3,251
Aug 2001	190	1,598	24.87	3.05	$9,604
Jul 2001	0	1,596	23.93	3.20	$5,103
Jun 2001	0	240	24.56	3.82	$918
May 2001	200	1,122	25.52	4.31	$9,937
Apr 2001	198	1,598	24.68	5.34	$13,412
Mar 2001	0	1,200	24.54	5.38	$6,452
Feb 2001	0	1,276	27.75	5.77	$7,359
Jan 2001	194	1,690	27.47	8.40	$19,523
Dec 2000	0	1,198	26.88	9.12	$10,929
Nov 2000	0	1,814	32.21	5.66	$10,264
Oct 2000	0	1,963	31.23	5.15	$10,101
Sep 2000	205	1,612	31.87	5.19	$14,894
Aug 2000	206	1,853	29.64	4.54	$14,520
Jul 2000	196	1,411	28.53	4.09	$11,363
Jun 2000	0	2,262	29.30	4.40	$9,947
May 2000	0	2,287	27.26	3.68	$8,416
Apr 2000	0	623	24.51	3.12	$1,941
Mar 2000	197	697	28.42	2.86	$7,592
Feb 2000	0	348	27.62	2.73	$949
Jan 2000	190	985	25.27	2.48	$7,245
Dec 1999	0	513	24.28	2.42	$1,243
Nov 1999	0	564	23.19	2.43	$1,373
Oct 1999	0	1,230	20.98	2.80	$3,449
Sep 1999	0	1,353	21.75	2.62	$3,543
Aug 1999	0	1,571	19.26	2.88	$4,518
Jul 1999	0	1,365	17.89	2.37	$3,238
Jun 1999	195	1,437	15.94	2.36	$6,503
May 1999	0	1,772	15.79	2.32	$4,113
Apr 1999	0	1,627	15.10	2.21	$3,593
Mar 1999	189	1,609	12.47	1.84	$5,315
Feb 1999	0	1,570	9.98	1.82	$2,854
Jan 1999	340	1,621	10.38	1.90	$6,609
Dec 1998	0	1,562	9.20	1.77	$2,770
Nov 1998	187	2,385	10.89	2.19	$7,249
Oct 1998	0	2,267	12.42	1.97	$4,464
Sep 1998	189	2,099	12.59	2.08	$6,751
Aug 1998	208	2,106	11.30	1.91	$6,367
Jul 1998	0	2,146	11.74	2.24	$4,801
Jun 1998	185	2,140	11.24	2.24	$6,867
May 1998	209	2,150	12.62	2.21	$7,381
Apr 1998	0	2,304	13.04	2.51	$5,772
Mar 1998	385	2,328	12.80	2.31	$10,304
Feb 1998	189	2,194	13.95	2.30	$7,681
Jan 1998	0	2,036	14.70	2.15	$4,387
Dec 1997	0	2,353	16.32	2.41	$5,673
Nov 1997	0	1,672	18.19	3.09	$5,164
Oct 1997	334	2,194	19.25	3.15	$13,340
Sep 1997	199	2,292	17.74	2.95	$10,303
Aug 1997	0	2,276	17.86	2.55	$5,815
Jul 1997	203	2,409	17.58	2.25	$8,982
Jun 1997	342	2,427	17.24	2.26	$11,374
May 1997	0	2,389	18.97	2.31	$5,515
Apr 1997	189	2,287	17.88	2.08	$8,143
Mar 1997	362	2,708	18.95	1.94	$12,111
Feb 1997	383	2,348	20.49	2.21	$13,027
Jan 1997	0	1,895	23.48	3.54	$6,708
Dec 1996	272	1,831	23.32	—	$6,343
Nov 1996	0	1,775	21.97	—	$0
Oct 1996	0	1,981	23.31	—	$0
Sep 1996	0	2,000	22.22	—	$0
Aug 1996	204	2,013	20.26	—	$4,133
Jul 1996	204	2,124	19.55	—	$3,988
Jun 1996	0	2,106	18.73	—	$0
May 1996	191	2,102	19.43	—	$3,711
Apr 1996	0	2,043	21.51	—	$0
Mar 1996	199	2,070	19.38	—	$3,857
Feb 1996	0	1,912	16.98	—	$0
Jan 1996	342	2,145	17.07	—	$5,838
Dec 1995	186	2,367	17.19	—	$3,197
Nov 1995	0	2,301	16.00	—	$0
Oct 1995	334	2,377	15.43	—	$5,154
Sep 1995	0	2,281	16.18	—	$0
Aug 1995	199	2,061	15.92	—	$3,168
Jul 1995	196	2,440	15.24	—	$2,987
Jun 1995	197	2,370	16.41	—	$3,233
May 1995	198	2,477	17.56	—	$3,477
Apr 1995	0	2,313	17.73	—	$0
Mar 1995	199	2,292	16.44	—	$3,272
Feb 1995	197	2,192	16.58	—	$3,266
Jan 1995	198	2,428	15.92	—	$3,152
Dec 1994	197	2,704	15.03	—	$2,961
Nov 1994	197	2,416	15.90	—	$3,132
Oct 1994	195	2,451	15.58	—	$3,038
Sep 1994	184	2,401	15.29	—	$2,813
Aug 1994	0	2,434	16.13	—	$0
Jul 1994	176	2,851	17.56	—	$3,091
Jun 1994	182	2,930	17.09	—	$3,110
May 1994	183	2,937	15.88	—	$2,906
Apr 1994	361	3,137	14.14	—	$5,105
Mar 1994	181	2,463	12.46	—	$2,255
Feb 1994	182	2,241	12.50	—	$2,275
Jan 1994	0	2,445	12.66	—	$0
Dec 1993	180	2,601	12.33	—	$2,219
Nov 1993	186	2,422	14.49	—	$2,695
Oct 1993	355	2,726	15.85	—	$5,627
Sep 1993	181	2,618	15.03	—	$2,720
Aug 1993	183	2,935	15.66	—	$2,866
Jul 1993	183	3,026	15.46	—	$2,829
Jun 1993	179	2,882	16.79	—	$3,005
May 1993	185	2,938	17.68	—	$3,271
Apr 1993	179	2,828	18.05	—	$3,231
Mar 1993	530	2,967	18.14	—	$9,614
Feb 1993	0	2,514	17.90	—	$0
Jan 1993	353	2,801	16.93	—	$5,976

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.

Jul 2005 — as filed, then multipliedworked

Oil                    9 bbl  × $ 55.69 =       $501
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                     $501

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/3803 is the state's own key, not one this site invented.