BUCKLEY, W.B.

Operated by GIANT NRG CO., LP (P-5 302592) in the MAZILLION (STRAWN, 1200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154589District 7BField 587004502 tax incentive programmesGasSaveExport
Value, all time
$409 k
Apr 1995 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
290
no gaps in the span
Streams
1
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1994-04-13
as the register files it
Field class
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: ALLOCATION FORMULA EFFECTIVE 10/01/95.

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
High Cost Gas111995-07-24132258
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
GasProduction160,331 Mcf$409,094
Total$409,094

52,976 Mcf of this lease's gas, across 20 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 32.6866, -97.8547. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68659, -97.85467 · 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
1,992 ft
1 wells filed one
Completion to plug
24.1 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 1,992 ft.

Completions filed
Apr 1995
1 of 1 wells
Plug dates filed
May 2019
1 of 1 wells

Last completion to plug: a median of 24.1 years across the 1 well that filed both dates, with the middle half between 24.1 years and 24.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673325121,992 ftApr 1995May 2019Yes

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 (290)

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

290 months

May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 20171546.772.98$45
Feb 2017050.452.95$0
Jan 20171649.413.42$55
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 20161946.193.09$59
Sep 2016041.553.10$0
Aug 20161741.442.92$50
Jul 2016041.622.92$0
Jun 20161645.352.69$43
May 2016042.521.99$0
Apr 20161536.561.99$30
Mar 2016033.011.79$0
Feb 20161726.472.06$35
Jan 2016027.352.36$0
Dec 20151732.362.00$34
Nov 2015038.792.17$0
Oct 20151543.552.43$36
Sep 2015042.992.76$0
Aug 20152040.162.87$57
Jul 2015048.152.95$0
Jun 20151956.152.88$55
May 2015055.212.96$0
Apr 20151649.822.71$43
Mar 2015042.892.93$0
Feb 20151644.662.98$48
Jan 2015043.433.10$0
Dec 20141354.693.59$47
Nov 2014070.464.25$0
Oct 20141278.303.90$47
Sep 2014086.164.05$0
Aug 20141689.394.04$65
Jul 2014096.564.18$0
Jun 20141798.164.74$81
May 2014094.734.73$0
Apr 20141595.944.81$72
Mar 2014095.895.06$0
Feb 20141397.406.19$81
Jan 2014090.404.86$0
Dec 20131791.824.35$74
Nov 2013088.853.74$0
Oct 20131697.423.78$60
Sep 20130104.113.72$0
Aug 201327104.253.52$95
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 20131394.834.15$54
Apr 2013093.964.28$0
Mar 20131093.623.91$39
Feb 2013091.233.42$0
Jan 2013891.603.42$27
Dec 20121086.773.42$34
Nov 20121286.953.62$44
Oct 20121089.383.40$34
Sep 20121394.672.92$38
Aug 20121192.662.91$32
Jul 20121385.133.02$39
Jun 20121479.822.52$35
May 20121291.612.49$30
Apr 201215101.652.00$30
Mar 201213105.052.22$29
Feb 201213101.102.57$33
Jan 20121598.092.73$41
Dec 20111296.873.24$39
Nov 20112095.723.31$66
Oct 20111584.983.65$55
Sep 20112683.623.99$104
Aug 20113083.404.15$124
Jul 20114494.144.52$199
Jun 20115492.904.64$251
May 20111598.134.40$66
Apr 201146105.964.33$199
Mar 20118896.364.06$357
Feb 20118185.644.18$339
Jan 201122786.504.59$1,042
Dec 201010585.734.35$457
Nov 201010680.843.80$402
Oct 20109078.103.51$316
Sep 201013672.633.98$541
Aug 20105173.684.42$225
Jul 20108072.554.74$379
Jun 201014370.364.91$702
May 201017071.124.24$720
Apr 201019681.694.12$808
Mar 201014478.394.39$632
Feb 201015473.585.44$838
Jan 201026974.365.96$1,604
Dec 200933371.445.48$1,826
Nov 200942874.593.75$1,606
Oct 200928872.544.11$1,184
Sep 200932065.543.06$981
Aug 200916867.423.22$541
Jul 200927361.133.46$946
Jun 200954066.163.90$2,103
May 200951354.743.93$2,014
Apr 20091546.773.59$54
Mar 200917642.144.06$714
Feb 20095932.814.63$273
Jan 200923335.865.37$1,251
Dec 200841437.105.98$2,475
Nov 200857555.496.86$3,945
Oct 20083575.246.92$242
Sep 200828101.767.88$221
Aug 200826114.228.48$221
Jul 200813131.0811.39$148
Jun 200842131.3313.03$547
May 200822123.1711.57$255
Apr 200841110.3110.45$429
Mar 20088101.909.66$77
Feb 20084292.538.77$368
Jan 200810690.388.21$870
Dec 200711788.337.30$854
Nov 200714491.677.29$1,050
Oct 200722282.856.92$1,537
Sep 200710375.846.24$643
Aug 20074069.066.39$256
Jul 20077170.906.39$454
Jun 200717362.007.55$1,306
May 200714158.747.85$1,106
Apr 20075059.617.81$390
Mar 20071956.927.30$139
Feb 200716555.108.22$1,356
Jan 200720750.306.73$1,392
Dec 200622956.656.92$1,584
Nov 200627154.207.62$2,064
Oct 200625854.906.01$1,552
Sep 20065760.085.04$287
Aug 20067368.717.34$536
Jul 200627069.376.34$1,713
Jun 200630166.286.38$1,922
May 20062966.016.42$186
Apr 200621764.397.36$1,597
Mar 200624756.707.08$1,749
Feb 200619857.597.75$1,535
Jan 200612460.598.93$1,108
Dec 200516954.9413.42$2,267
Nov 200512254.6910.59$1,292
Oct 200532358.3413.80$4,456
Sep 200527461.4512.08$3,310
Aug 200524161.519.80$2,361
Jul 200530155.697.84$2,361
Jun 200525652.337.38$1,890
May 200521645.226.65$1,437
Apr 20058849.207.36$648
Mar 200523350.377.15$1,667
Feb 200542145.226.31$2,657
Jan 200551143.166.32$3,231
Dec 200433439.866.75$2,255
Nov 200415145.286.33$956
Oct 200421649.706.52$1,407
Sep 200472243.245.28$3,815
Aug 200481342.375.55$4,513
Jul 200477338.286.08$4,703
Jun 200465736.106.43$4,226
May 200469437.486.49$4,507
Apr 200474834.475.86$4,382
Mar 200468534.365.53$3,788
Feb 200464732.455.51$3,565
Jan 200484132.036.30$5,298
Dec 200375330.266.30$4,745
Nov 200361128.804.60$2,808
Oct 200367228.174.76$3,198
Sep 200361626.314.75$2,926
Aug 200374529.765.13$3,822
Jul 200374029.415.17$3,826
Jun 200369828.565.98$4,176
May 200379526.595.97$4,748
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 200375233.487.93$5,960
Jan 200378230.315.58$4,365
Dec 200272326.914.85$3,509
Nov 200260924.664.14$2,519
Oct 200233526.464.23$1,417
Sep 200249027.443.64$1,781
Aug 200264225.963.16$2,031
Jul 200295824.583.06$2,933
Jun 200256823.733.34$1,896
May 200258324.663.58$2,089
Apr 200259023.653.51$2,072
Mar 200264722.003.10$2,007
Feb 200256818.222.38$1,349
Jan 200266917.172.38$1,589
Dec 200168216.932.36$1,613
Nov 200156818.072.41$1,366
Oct 200181319.782.53$2,056
Sep 200176824.262.25$1,729
Aug 200175824.873.05$2,314
Jul 200180223.933.20$2,564
Jun 200199224.563.82$3,794
May 200198825.524.31$4,256
Apr 200198124.685.34$5,234
Mar 20011,04524.545.38$5,618
Feb 200190527.755.77$5,219
Jan 200193927.478.40$7,886
Dec 200096226.889.12$8,776
Nov 200087732.215.66$4,962
Oct 20001,05431.235.15$5,423
Sep 200089731.875.19$4,652
Aug 20001,17029.644.54$5,313
Jul 20001,14128.534.09$4,666
Jun 200099629.304.40$4,380
May 20001,23427.263.68$4,541
Apr 20001,12124.513.12$3,493
Mar 200073028.422.86$2,088
Feb 200095527.622.73$2,604
Jan 200092825.272.48$2,302
Dec 19991,17924.282.42$2,858
Nov 199999023.192.43$2,410
Oct 199991820.982.80$2,574
Sep 199954121.752.62$1,417
Aug 199964219.262.88$1,846
Jul 199992517.892.37$2,194
Jun 19991,21915.942.36$2,879
May 19991,24615.792.32$2,892
Apr 199991015.102.21$2,009
Mar 19991,57412.471.84$2,894
Feb 19991,3109.981.82$2,381
Jan 19991,24110.381.90$2,358
Dec 19981,3939.201.77$2,470
Nov 19981,16410.892.19$2,544
Oct 19981,19412.421.97$2,351
Sep 19981,49212.592.08$3,107
Aug 19981,16511.301.91$2,222
Jul 19981,54811.742.24$3,463
Jun 19981,54811.242.24$3,463
May 19981,39912.622.21$3,087
Apr 19981,36413.042.51$3,417
Mar 19981,62612.802.31$3,755
Feb 19981,42413.952.30$3,274
Jan 19981,15114.702.15$2,480
Dec 19971,31016.322.41$3,159
Nov 199790918.193.09$2,807
Oct 19971,21119.253.15$3,814
Sep 19971,31017.742.95$3,871
Aug 19971,11217.862.55$2,841
Jul 19971,86017.582.25$4,179
Jun 19971,95817.242.26$4,420
May 19972,11718.972.31$4,887
Apr 19971,53517.882.08$3,197
Mar 19972,24618.951.94$4,355
Feb 19971,94820.492.21$4,297
Jan 19972,11623.483.54$7,490
Dec 19962,01823.32$0
Nov 19962,36721.97$0
Oct 19962,44323.31$0
Sep 19962,45322.22$0
Aug 19962,66320.26$0
Jul 19962,27219.55$0
Jun 19962,71618.73$0
May 19962,88719.43$0
Apr 19962,47021.51$0
Mar 19962,52319.38$0
Feb 19962,77516.98$0
Jan 19963,15317.07$0
Dec 19953,72117.19$0
Nov 19953,69516.00$0
Oct 19953,66215.43$0
Sep 19952,04716.18$0
Aug 19952,24615.92$0
Jul 19951,43015.24$0
Jun 19952,65216.41$0
May 19952,78317.56$0
Apr 1995017.73$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.

Mar 2017 — as filed, then multipliedworked
Gas                   15 Mcf  × $  2.98 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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/154589 is the state's own key, not one this site invented.