BUCKLER TRUST

Operated by KARPER OIL & GAS CORPORATION (P-5 451280) in the WALKER-DAVIS (DUFFER LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 137863District 7BField 94762498CondensateGasSaveExport
Value, all time
$831 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
no gaps in the span
Streams
2
condensate, 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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1959-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: EFFECTIVE 6/1/95.

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
CondensateDisposition5,252 bbl$128,223
GasProduction217,249 Mcf$702,726
Total$830,949

50,590 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 32.7874, -98.7367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.78739, -98.73667 · 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
4,425 ft
1 wells filed one
Completion to plug
21.8 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 4,425 ft.

Completions filed
Feb 1991
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293524674,425 ftFeb 1991Nov 2012Yes

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 (239)

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

239 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009183054.743.93$10,017
Apr 200901646.773.59$57
Mar 2009010142.144.06$410
Feb 2009018632.814.63$862
Jan 200907635.865.37$408
Dec 2008017537.105.98$1,046
Nov 2008021755.496.86$1,489
Oct 2008026275.246.92$1,814
Sep 20080173101.767.88$1,363
Aug 20080225114.228.48$1,909
Jul 20080271131.0811.39$3,087
Jun 20080396131.3313.03$5,161
May 20080322123.1711.57$3,727
Apr 20080419110.3110.45$4,381
Mar 20080488101.909.66$4,716
Feb 2008046792.538.77$4,096
Jan 2008036490.388.21$2,987
Dec 2007059888.337.30$4,367
Nov 200701,33991.677.29$9,764
Oct 200702,65082.856.92$18,343
Sep 2007064075.846.24$3,996
Aug 2007069769.066.39$4,452
Jul 2007017970.906.39$1,143
Jun 2007018162.007.55$1,366
May 2007033358.747.85$2,613
Apr 200705859.617.81$453
Mar 2007047356.927.30$3,454
Feb 2007013055.108.22$1,068
Jan 2007017050.306.73$1,144
Dec 2006032356.656.92$2,235
Nov 2006011354.207.62$861
Oct 2006025654.906.01$1,540
Sep 200613644260.085.04$10,397
Aug 2006051868.717.34$3,802
Jul 2006044469.376.34$2,816
Jun 2006037666.286.38$2,400
May 2006040066.016.42$2,570
Apr 2006022264.397.36$1,634
Mar 2006039656.707.08$2,805
Feb 2006044257.597.75$3,426
Jan 2006058960.598.93$5,262
Dec 2005067554.9413.42$9,055
Nov 2005048854.6910.59$5,167
Oct 2005027558.3413.80$3,794
Sep 200510833561.4512.08$10,683
Aug 2005056061.519.80$5,486
Jul 2005040355.697.84$3,161
Jun 2005040652.337.38$2,997
May 2005056145.226.65$3,731
Apr 2005062649.207.36$4,608
Mar 2005061450.377.15$4,393
Feb 2005053845.226.31$3,396
Jan 2005067643.166.32$4,274
Dec 2004078139.866.75$5,273
Nov 2004078845.286.33$4,988
Oct 2004080349.706.52$5,232
Sep 200429367743.245.28$16,247
Aug 2004080242.375.55$4,452
Jul 2004092438.286.08$5,622
Jun 2004076736.106.43$4,934
May 2004084937.486.49$5,514
Apr 2004096834.475.86$5,671
Mar 200401,07434.365.53$5,939
Feb 2004098332.455.51$5,416
Jan 200401,12532.036.30$7,087
Dec 200301,04330.266.30$6,573
Nov 200301,10228.804.60$5,064
Oct 200301,22928.174.76$5,850
Sep 200301,11426.314.75$5,291
Aug 200301,13129.765.13$5,802
Jul 200301,10829.415.17$5,729
Jun 2003088628.565.98$5,301
May 200301,32926.595.97$7,938
Apr 200301,16226.675.41$6,283
Mar 200301,46431.146.10$8,925
Feb 200301,45233.487.93$11,508
Jan 200301,62830.315.58$9,088
Dec 200201,61226.914.85$7,824
Nov 200201,22924.664.14$5,084
Oct 200201,22826.464.23$5,193
Sep 200201,37327.443.64$4,991
Aug 200201,40925.963.16$4,458
Jul 2002095224.583.06$2,915
Jun 20021781,44023.733.34$9,031
May 200201,56824.663.58$5,620
Apr 200201,47923.653.51$5,195
Mar 200201,58622.003.10$4,921
Feb 200201,37518.222.38$3,267
Jan 200201,44017.172.38$3,421
Dec 200101,48616.932.36$3,514
Nov 200101,34318.072.41$3,231
Oct 200101,15819.782.53$2,928
Sep 200101,71824.262.25$3,868
Aug 200101,79324.873.05$5,474
Jul 20011641,90123.933.20$10,002
Jun 200101,80524.563.82$6,903
May 200101,96725.524.31$8,473
Apr 200101,92324.685.34$10,260
Mar 200101,95624.545.38$10,516
Feb 200101,71027.755.77$9,862
Jan 200101,21227.478.40$10,179
Dec 200001,40226.889.12$12,790
Nov 20001681,80032.215.66$15,596
Oct 200001,60331.235.15$8,248
Sep 200001,89331.875.19$9,818
Aug 200001,93729.644.54$8,795
Jul 200002,02328.534.09$8,274
Jun 200001,92629.304.40$8,469
May 20001802,06127.263.68$12,491
Apr 200002,20224.513.12$6,861
Mar 200001,36528.422.86$3,904
Feb 200001,35427.622.73$3,692
Jan 20001831,49325.272.48$8,328
Dec 199901,70524.282.42$4,132
Nov 199901,51423.192.43$3,685
Oct 199901,81920.982.80$5,100
Sep 199901,78521.752.62$4,675
Aug 19991791,62119.262.88$8,109
Jul 199901,64317.892.37$3,898
Jun 199901,64315.942.36$3,881
May 19991791,30215.792.32$5,848
Apr 19991801,20415.102.21$5,376
Mar 199917694512.471.84$3,932
Feb 199906479.981.82$1,176
Jan 1999061610.381.90$1,170
Dec 199809629.201.77$1,706
Nov 199818390110.892.19$3,962
Oct 1998087012.421.97$1,713
Sep 1998085012.592.08$1,770
Aug 19981096411.301.91$1,952
Jul 1998084611.742.24$1,893
Jun 1998086911.242.24$1,944
May 1998095712.622.21$2,111
Apr 1998098313.042.51$2,463
Mar 199801,21112.802.31$2,797
Feb 199801,33013.952.30$3,058
Jan 19981822,34214.702.15$7,722
Dec 19971802,42016.322.41$8,772
Nov 199702,13218.193.09$6,584
Oct 199702,30419.253.15$7,257
Sep 19971852,32817.742.95$10,161
Aug 19971802,61617.862.55$9,898
Jul 199702,75017.582.25$6,179
Jun 19971812,82117.242.26$9,488
May 19971833,03618.972.31$10,480
Apr 19971842,85117.882.08$9,228
Mar 19973703,03118.951.94$12,889
Feb 19971822,76720.492.21$9,833
Jan 19975502,87923.483.54$23,105
Dec 19963672,02323.32$8,558
Nov 1996092421.97$0
Oct 1996096423.31$0
Sep 199601,07622.22$0
Aug 199601,00520.26$0
Jul 199601,00919.55$0
Jun 1996082318.73$0
May 1996072519.43$0
Apr 1996078621.51$0
Mar 1996086319.38$0
Feb 1996085616.98$0
Jan 199601,04817.07$0
Dec 19950017.19$0
Nov 1995099416.00$0
Oct 1995093815.43$0
Sep 1995094016.18$0
Aug 1995098915.92$0
Jul 199501,04015.24$0
Jun 199501,07116.41$0
May 1995586617.56$88
Apr 1995096817.73$0
Mar 199501,33916.44$0
Feb 199501,03616.58$0
Jan 1995094315.92$0
Dec 1994099015.03$0
Nov 1994075215.90$0
Oct 199401,02715.58$0
Sep 199401,03315.29$0
Aug 199401,06016.13$0
Jul 199401,14317.56$0
Jun 199411,26517.09$17
May 199401,33515.88$0
Apr 199401,40914.14$0
Mar 199401,18612.46$0
Feb 1994091012.50$0
Jan 199401,09312.66$0
Dec 1993094512.33$0
Nov 199301,20814.49$0
Oct 199301,44015.85$0
Sep 199301,12315.03$0
Aug 199301,33315.66$0
Jul 199301,27115.46$0
Jun 199301,46416.79$0
May 199321,07117.68$35
Apr 1993096218.05$0
Mar 199301,16118.14$0
Feb 199301,13817.90$0
Jan 199301,04516.93$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.

May 2009 — as filed, then multipliedworked
Condensate           183 bbl  × $ 54.74 =    $10,017
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                  $10,017

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. 7B/G/137863 is the state's own key, not one this site invented.