BUCHNER "A"

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the HUTCHINSON, N. (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6188District 10Field 43850450NGPA filingOilCasinghead gasSaveExport
Value, all time
$315 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 10 wells, and the rule below applies to all of them.

Discovered
1981-01-05
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: 80 ACRE UNITS WITH 40 ACRE OPTION, MAX DIAG 2100

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
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
OilDisposition18,500 bbl$305,049
Casinghead gasProduction8,187 Mcf$10,025
Total$315,074

3,962 Mcf of this lease's gas, across 36 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 36.0430, -101.2822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.04299, -101.28218 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,902 ft
1 wells filed one
Completion to plug
23 months
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 6,902 ft.

Completions filed
Jun 2001
1 of 1 wells
Plug dates filed
May 2003
1 of 1 wells

Last completion to plug: a median of 23 months across the 1 well that filed both dates, with the middle half between 23 months and 23 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2333217016,902 ftJun 2001May 2003Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200130024.563.82$737
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001100027.478.40$2,747
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 2000187127.263.68$5,101
Apr 20000024.513.12$0
Mar 20000128.422.86$3
Feb 2000191127.622.73$5,278
Jan 20000125.272.48$2
Dec 19991901424.282.42$4,647
Nov 199919810723.192.43$4,852
Oct 1999012220.982.80$342
Sep 19991902321.752.62$4,193
Aug 199919019319.262.88$4,214
Jul 199918818517.892.37$3,802
Jun 199919313915.942.36$3,405
May 199919011515.792.32$3,267
Apr 19991968115.102.21$3,138
Mar 19991963412.471.84$2,507
Feb 1999192419.981.82$1,991
Jan 19991918310.381.90$2,140
Dec 19980189.201.77$32
Nov 19981865810.892.19$2,152
Oct 199819222612.421.97$2,830
Sep 1998010812.592.08$225
Aug 199838724011.301.91$4,831
Jul 199818625311.742.24$2,750
Jun 199818715311.242.24$2,444
May 199819321812.622.21$2,917
Apr 199819222713.042.51$3,072
Mar 199802612.802.31$60
Feb 19983789213.952.30$5,485
Jan 19983829314.702.15$5,816
Dec 199708316.322.41$200
Nov 19973837518.193.09$7,198
Oct 199718416419.253.15$4,059
Sep 199737616417.742.95$7,155
Aug 199719315517.862.55$3,843
Jul 199738215417.582.25$7,062
Jun 199718312417.242.26$3,435
May 199738314218.972.31$7,593
Apr 19973855717.882.08$7,003
Mar 199718910618.951.94$3,787
Feb 19971947120.492.21$4,132
Jan 19973807523.483.54$9,188
Dec 1996185123.32$4,314
Nov 1996193121.97$4,240
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 19967119.55$137
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950116.00$0
Oct 1995157015.43$2,423
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950116.41$0
May 19950017.56$0
Apr 19950417.73$0
Mar 19953841516.44$6,313
Feb 19951898116.58$3,134
Jan 199538310115.92$6,097
Dec 199437912415.03$5,696
Nov 199438110315.90$6,058
Oct 199418413815.58$2,867
Sep 19941945215.29$2,966
Aug 199457816316.13$9,323
Jul 1994014017.56$0
Jun 199437923817.09$6,477
May 19941905415.88$3,017
Apr 199438510614.14$5,444
Mar 199437710012.46$4,697
Feb 199438213812.50$4,775
Jan 199438114412.66$4,823
Dec 199318219512.33$2,244
Nov 199357819414.49$8,375
Oct 199337727215.85$5,975
Sep 199336923415.03$5,546
Aug 199352527615.66$8,222
Jul 199356526315.46$8,735
Jun 199318217916.79$3,056
May 199337914817.68$6,701
Apr 199356311318.05$10,162
Mar 199337912218.14$6,875
Feb 199357117217.90$10,221
Jan 19933858516.93$6,518

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 2001 — as filed, then multipliedworked
Oil                   30 bbl  × $ 24.56 =       $737
Casinghead gas         0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                     $737

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/6188 is the state's own key, not one this site invented.