BUCKINGHAM

Operated by MUSTANG FUEL CORPORATION (P-5 596921) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8580District 10Field 61691235OilCasinghead gasSave
Value, all time
$64.4 M
Sep 2011 – May 2026
Value, last 12 filed months
$595 k
at the published price for each month
Months reported
177
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition665,855 bbl$55,972,362
Casinghead gasProduction2,544,514 Mcf$8,460,570
Total$64,432,931

Wells on this lease (2)

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 35.3938, -100.0759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.39382, -100.07586 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,187 ft
2 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.
2100.0%

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 10,036 and 10,337 ft, median 10,187 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2011 – Feb 2012
2 of 2 wells

2 wells

42-483333465058H10,337 ftFeb 2012
42-483332294021H10,036 ftSep 2011

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 (177)

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

177 months

May 20263666,096106.413.05$57,514
Apr 20263786,39198.932.87$55,736
Mar 20263516,25089.753.15$51,186
Feb 20269003,21063.503.75$69,189
Jan 20261885,24759.138.00$53,082
Dec 20253686,00456.664.41$47,349
Nov 20253666,02758.593.93$45,109
Oct 20253666,05859.383.30$41,754
Sep 202505,45162.743.08$16,772
Aug 20257567,22063.933.01$70,098
Jul 20251785,80366.743.32$31,118
Jun 20255605,92266.483.13$55,757
May 20255656,44960.553.23$55,056
Apr 20251815,83462.363.54$31,958
Mar 20257346,05267.704.27$75,524
Feb 20253814,83170.884.34$47,976
Jan 20253815,72074.324.28$52,790
Dec 20245516,06268.993.12$56,935
Nov 20243645,61069.052.20$37,467
Oct 20247305,90071.372.28$65,560
Sep 20243495,49869.612.36$37,293
Aug 20245587,34575.632.06$57,359
Jul 20247205,13879.932.15$68,579
Jun 20243714,30478.082.63$40,304
May 20245724,56678.812.20$55,117
Apr 20243863,44184.451.66$38,307
Mar 20241862,62180.301.55$18,986
Feb 20245473,56876.091.78$47,985
Jan 20243542,90173.023.30$35,416
Dec 20233752,10671.262.61$32,221
Nov 20232443,05677.892.81$27,585
Oct 20235374,56385.443.09$59,969
Sep 20235463,31989.042.74$57,693
Aug 20237284,09480.522.67$69,561
Jul 20233692,14074.852.64$33,273
Jun 20233562,27068.962.26$29,677
May 202336210,90670.622.23$49,856
Apr 20237307,69178.122.24$74,238
Mar 20233776,91572.852.39$44,013
Feb 20233806,39575.112.47$44,310
Jan 20235448,02676.533.39$68,822
Dec 20225478,39476.415.73$89,886
Nov 20227425,42385.005.65$93,689
Oct 20227465,90887.185.86$99,679
Sep 20227455,60384.888.16$108,977
Aug 20225985,16094.529.13$103,619
Jul 20223624,243101.587.54$68,773
Jun 20227365,803115.097.98$130,998
May 20223673,875109.378.43$72,817
Apr 20223556,078104.226.84$78,557
Mar 20225445,703108.885.08$88,181
Feb 20223673,69491.054.86$51,364
Jan 20223464,70881.844.54$49,680
Dec 202106,76071.323.90$26,358
Nov 20211425,62877.435.24$40,468
Oct 20213156,30979.795.71$61,183
Sep 20213125,64769.865.35$52,013
Aug 20213668,44766.024.22$59,815
Jul 20215627,78970.783.98$70,795
Jun 20218466,97469.493.38$82,365
May 202180610,86863.483.02$83,961
Apr 20215496,97160.362.76$52,367
Mar 20213619,09961.302.72$46,851
Feb 20211902,39957.805.55$24,292
Jan 20213653,88850.412.81$29,326
Dec 202003,14444.642.68$8,412
Nov 20203748,90938.772.71$38,613
Oct 20201,4817,54836.972.48$73,460
Sep 20201898,32137.091.99$23,577
Aug 20201,0627,49039.982.39$60,323
Jul 20203696,53738.371.83$26,089
Jun 20201,2877,04334.901.69$56,821
May 202006,86016.921.81$12,449
Apr 20206976,64914.751.80$22,278
Mar 20201,1368,32130.341.86$49,912
Feb 20207388,23449.881.98$53,120
Jan 20205649,22457.252.09$51,611
Dec 20191,08611,20059.012.30$89,894
Nov 201975112,28655.302.75$75,325
Oct 201995310,01153.472.42$75,169
Sep 20198,7678,51855.052.66$505,258
Aug 20197518,50253.112.30$59,477
Jul 20197328,83256.272.46$62,917
Jun 20191,3078,86352.782.49$91,063
May 20191,1399,19158.482.74$91,795
Apr 20199408,76762.632.75$82,988
Mar 20199179,56056.803.06$81,359
Feb 20195858,26850.852.79$52,833
Jan 20192,64510,00946.033.23$154,060
Dec 20181,23810,49846.594.19$101,617
Nov 2018011,89352.934.24$50,394
Oct 201890711,82561.443.40$95,908
Sep 20181,08612,53659.543.11$103,622
Aug 20181,86014,90959.403.07$156,203
Jul 20181,07616,74265.142.93$119,176
Jun 20181,01614,40360.183.08$105,460
May 20181,05712,33365.382.90$104,882
Apr 20181,97112,05763.842.90$160,804
Mar 20181,58511,60861.222.79$129,383
Feb 20181,24510,93961.782.77$107,175
Jan 20187179,93462.874.01$84,906
Dec 20172,5149,93557.272.92$173,002
Nov 20171,10311,33555.423.12$96,475
Oct 20172,78111,10349.292.98$170,203
Sep 20171,27010,86647.523.09$93,897
Aug 2017011,30545.373.00$33,965
Jul 201709,43243.873.09$29,119
Jun 2017012,10442.493.09$37,368
May 20171,79811,96845.373.26$120,632
Apr 2017011,96347.933.21$38,420
Mar 20171,6264,87646.772.98$90,596
Feb 20171,42611,82850.452.95$106,865
Jan 20171,22215,68449.413.42$113,999
Dec 20163,02315,62848.763.72$205,582
Nov 2016014,90242.492.64$39,406
Oct 20161,59016,40746.193.09$124,144
Sep 20162,99115,39241.553.10$172,001
Aug 20161,61318,30141.442.92$120,361
Jul 20162,31317,34941.622.92$147,001
Jun 20162,48417,63745.352.69$160,019
May 20161,44419,16442.521.99$99,555
Apr 20162,86623,31136.561.99$151,194
Mar 20162,31225,22133.011.79$121,566
Feb 20163,56223,69126.472.06$143,176
Jan 20162,00321,97627.352.36$106,741
Dec 20152,78322,28732.362.00$134,663
Nov 20152,13721,48238.792.17$129,453
Oct 20153,58222,36143.552.43$210,257
Sep 20152,81622,16942.992.76$182,211
Aug 20153,33322,76040.162.87$199,231
Jul 20153,94525,60648.152.95$265,363
Jun 20152,79424,94556.152.88$228,796
May 20154,40726,31655.212.96$321,086
Apr 20152,97326,08249.822.71$218,708
Mar 20153,91824,63342.892.93$240,334
Feb 20152,70025,36244.662.98$196,064
Jan 20154,50825,09543.433.10$273,593
Dec 20143,42527,97554.693.59$287,782
Nov 20144,85628,57270.464.25$463,637
Oct 20143,89023,79378.303.90$397,403
Sep 20144,78525,11086.164.05$513,857
Aug 20146,00426,20089.394.04$642,418
Jul 20142,44717,54496.564.18$309,609
Jun 20144,82521,01498.164.74$573,163
May 20145,06525,11194.734.73$598,496
Apr 20144,63219,67295.944.81$538,999
Mar 20144,18515,56095.895.06$479,983
Feb 20144,70020,83297.406.19$586,772
Jan 20147,30226,55790.404.86$789,187
Dec 20133,97420,95791.824.35$456,150
Nov 20136,34627,82188.853.74$667,845
Oct 20138,17533,11597.423.78$921,562
Sep 20136,30735,279104.113.72$787,780
Aug 20136,83940,532104.253.52$855,744
Jul 20137,86141,722102.523.72$961,021
Jun 20138,70440,35294.403.93$980,379
May 201313,59142,48694.834.15$1,465,112
Apr 201311,66443,63493.964.28$1,282,816
Mar 20139,14326,57593.623.91$959,952
Feb 201312,61145,89291.233.42$1,307,448
Jan 201312,83839,26891.603.42$1,310,254
Dec 201212,33148,49886.773.42$1,235,832
Nov 201214,95751,94986.953.62$1,488,824
Oct 201217,71856,52089.383.40$1,775,785
Sep 201221,62155,60094.672.92$2,209,123
Aug 201219,02030,12892.662.91$1,850,010
Jul 201220,53126,21985.133.02$1,827,006
Jun 201224,4428,55179.822.52$1,972,501
May 201235,85347,66391.612.49$3,403,094
Apr 201232,88320,390101.652.00$3,383,272
Mar 201228,29723,625105.052.22$3,025,096
Feb 201222,91329,055101.102.57$2,391,183
Jan 201223,15620,21498.092.73$2,326,639
Dec 201122,75319,08896.873.24$2,265,923
Nov 201128,62823,82895.723.31$2,819,173
Oct 201124,9942,80284.983.65$2,134,213
Sep 20110083.623.99$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.

May 2026 — as filed, then multipliedworked
Oil                  366 bbl  × $106.41 =    $38,946
Casinghead gas     6,096 Mcf  × $  3.05 =    $18,567

────────────────────────────────────────────────────
Month total                                  $57,514

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/8580 is the state's own key, not one this site invented.