MineralRecord
Log inSign up

WOODWARD

Operated by IP WELL SERVICE LLC (P-5 102116) in the BUCKSHOT (4950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 56001District 8AField 12961500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$552 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The BUCKSHOT (4950) 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 70 leases and 352 wells, and the rule below applies to all of them.

Discovered
1956-08-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
510 ft
minimum

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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DOCKET #8A-62758”

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
CondensateDisposition48 bbl$1,770
GasProduction149,664 Mcf$550,293
Total$552,063

28,277 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 (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 33.5439, -103.0114. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.54391, -103.01139 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,952 ft
1 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.
1100.0%

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 4,952 ft.

Completions filed
Aug 1973
1 of 1 wells

1 well

42-0793021414,952 ftAug 1973——

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201903559.012.30$81
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019014658.482.74$400
Apr 201909362.632.75$256
Mar 2019010056.803.06$306
Feb 2019012450.852.79$346
Jan 2019017546.033.23$565
Dec 2018039446.594.19$1,649
Nov 2018014452.934.24$610
Oct 201808961.443.40$302
Sep 201802259.543.11$68
Aug 20180259.403.07$6
Jul 20180265.142.93$6
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201802563.842.90$73
Mar 201802661.222.79$72
Feb 201801661.782.77$44
Jan 2018013662.874.01$545
Dec 2017017557.272.92$511
Nov 2017020955.423.12$652
Oct 2017024849.292.98$740
Sep 2017019547.523.09$602
Aug 2017018045.373.00$541
Jul 2017020543.873.09$633
Jun 2017019642.493.09$605
May 2017021745.373.26$708
Apr 2017021847.933.21$700
Mar 2017021546.772.98$641
Feb 2017018850.452.95$555
Jan 2017024349.413.42$831
Dec 2016024248.763.72$901
Nov 2016021442.492.64$566
Oct 2016018446.193.09$569
Sep 2016018441.553.10$571
Aug 2016013441.442.92$392
Jul 201603641.622.92$105
Jun 201602145.352.69$56
May 2016043042.521.99$856
Apr 20162257636.561.99$1,951
Mar 2016029933.011.79$536
Feb 2016049026.472.06$1,011
Jan 2016061027.352.36$1,442
Dec 2015057832.362.00$1,157
Nov 2015040238.792.17$871
Oct 2015044043.552.43$1,068
Sep 2015042442.992.76$1,170
Aug 2015048840.162.87$1,402
Jul 2015044948.152.95$1,322
Jun 2015045756.152.88$1,317
May 2015050655.212.96$1,495
Apr 2015050549.822.71$1,367
Mar 2015054642.892.93$1,602
Feb 2015051144.662.98$1,521
Jan 2015063043.433.10$1,953
Dec 2014051354.693.59$1,842
Nov 2014058870.464.25$2,500
Oct 2014056078.303.90$2,185
Sep 2014050986.164.05$2,059
Aug 2014049989.394.04$2,014
Jul 2014046096.564.18$1,923
Jun 2014052898.164.74$2,501
May 2014037194.734.73$1,754
Apr 2014045795.944.81$2,198
Mar 2014154195.895.06$2,832
Feb 2014048597.406.19$3,003
Jan 2014061390.404.86$2,980
Dec 201301,07091.824.35$4,659
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013070104.113.72$260
Aug 20130544104.253.52$1,916
Jul 20130553102.523.72$2,056
Jun 2013042794.403.93$1,680
May 2013049694.834.15$2,058
Apr 2013055093.964.28$2,355
Mar 2013046793.623.91$1,827
Feb 2013030591.233.42$1,043
Jan 2013050391.603.42$1,720
Dec 2012054286.773.42$1,854
Nov 2012045686.953.62$1,653
Oct 2012047189.383.40$1,601
Sep 2012046194.672.92$1,345
Aug 2012050192.662.91$1,457
Jul 2012048385.133.02$1,459
Jun 2012044879.822.52$1,129
May 2012049891.612.49$1,239
Apr 20120502101.652.00$1,002
Mar 20120532105.052.22$1,182
Feb 20120513101.102.57$1,319
Jan 2012054098.092.73$1,476
Dec 2011055796.873.24$1,805
Nov 2011154195.723.31$1,887
Oct 2011054784.983.65$1,996
Sep 2011047383.623.99$1,885
Aug 2011045483.404.15$1,884
Jul 2011046794.144.52$2,110
Jun 2011052492.904.64$2,431
May 2011051998.134.40$2,286
Apr 20111534105.964.33$2,420
Mar 2011051996.364.06$2,106
Feb 2011046885.644.18$1,956
Jan 2011155286.504.59$2,620
Dec 2010060485.734.35$2,626
Nov 2010045580.843.80$1,727
Oct 2010052478.103.51$1,839
Sep 2010052372.633.98$2,081
Aug 2010051873.684.42$2,289
Jul 2010046472.554.74$2,198
Jun 2010045370.364.91$2,224
May 2010053071.124.24$2,245
Apr 2010052181.694.12$2,148
Mar 2010052978.394.39$2,322
Feb 2010047973.585.44$2,607
Jan 2010055374.365.96$3,298
Dec 2009056471.445.48$3,093
Nov 2009055474.593.75$2,078
Oct 2009050772.544.11$2,084
Sep 2009054365.543.06$1,664
Aug 2009057367.423.22$1,844
Jul 2009056361.133.46$1,951
Jun 2009054566.163.90$2,123
May 2009058754.743.93$2,304
Apr 2009060046.773.59$2,153
Mar 2009069342.144.06$2,813
Feb 2009038932.814.63$1,802
Jan 2009042635.865.37$2,288
Dec 2008060637.105.98$3,622
Nov 2008060755.496.86$4,164
Oct 2008063375.246.92$4,382
Sep 20080485101.767.88$3,820
Aug 20080622114.228.48$5,276
Jul 20080619131.0811.39$7,050
Jun 20080591131.3313.03$7,702
May 20080624123.1711.57$7,222
Apr 20080621110.3110.45$6,492
Mar 20080633101.909.66$6,117
Feb 2008159292.538.77$5,285
Jan 2008145190.388.21$3,791
Dec 2007110888.337.30$877
Nov 200706191.677.29$445
Oct 2007035382.856.92$2,443
Sep 2007037375.846.24$2,329
Aug 2007029569.066.39$1,884
Jul 2007039270.906.39$2,504
Jun 2007040262.007.55$3,034
May 2007048958.747.85$3,837
Apr 2007047259.617.81$3,684
Mar 2007054356.927.30$3,965
Feb 2007054555.108.22$4,478
Jan 200702150.306.73$141
Dec 200606756.656.92$464
Nov 2006030954.207.62$2,354
Oct 2006042954.906.01$2,580
Sep 2006041360.085.04$2,080
Aug 2006039768.717.34$2,914
Jul 2006040869.376.34$2,588
Jun 2006035566.286.38$2,266
May 2006043566.016.42$2,795
Apr 2006044564.397.36$3,275
Mar 2006049156.707.08$3,478
Feb 2006047357.597.75$3,666
Jan 2006045360.598.93$4,047
Dec 2005045554.9413.42$6,104
Nov 2005043854.6910.59$4,638
Oct 2005045058.3413.80$6,208
Sep 2005044261.4512.08$5,339
Aug 2005048961.519.80$4,791
Jul 2005053255.697.84$4,173
Jun 2005049552.337.38$3,654
May 2005035245.226.65$2,341
Apr 2005033849.207.36$2,488
Mar 2005037850.377.15$2,705
Feb 2005035045.226.31$2,209
Jan 2005051743.166.32$3,269
Dec 2004052739.866.75$3,558
Nov 2004050345.286.33$3,184
Oct 2004051449.706.52$3,349
Sep 2004042743.245.28$2,256
Aug 2004054542.375.55$3,025
Jul 2004051238.286.08$3,115
Jun 2004050136.106.43$3,223
May 2004054737.486.49$3,553
Apr 2004050534.475.86$2,959
Mar 2004048434.365.53$2,677
Feb 2004045632.455.51$2,512
Jan 2004050132.036.30$3,156
Dec 2003053130.266.30$3,346
Nov 2003054228.804.60$2,491
Oct 2003049228.174.76$2,342
Sep 2003048026.314.75$2,280
Aug 2003048829.765.13$2,503
Jul 2003051229.415.17$2,647
Jun 2003050828.565.98$3,039
May 2003053326.595.97$3,183
Apr 2003052826.675.41$2,855
Mar 2003055531.146.10$3,383
Feb 2003050833.487.93$4,026
Jan 2003056830.315.58$3,171
Dec 2002056826.914.85$2,757
Nov 2002057424.664.14$2,375
Oct 2002056126.464.23$2,373
Sep 2002054227.443.64$1,970
Aug 2002057225.963.16$1,810
Jul 2002057724.583.06$1,767
Jun 2002054423.733.34$1,816
May 2002058524.663.58$2,097
Apr 2002056823.653.51$1,995
Mar 2002059122.003.10$1,834
Feb 2002047818.222.38$1,136
Jan 2002053017.172.38$1,259
Dec 2001044816.932.36$1,059
Nov 2001059518.072.41$1,431
Oct 2001040919.782.53$1,034
Sep 2001017324.262.25$389
Aug 2001041324.873.05$1,261
Jul 2001040823.933.20$1,304
Jun 2001040224.563.82$1,537
May 2001057725.524.31$2,485
Apr 2001057924.685.34$3,089
Mar 2001065424.545.38$3,516
Feb 2001054027.755.77$3,114
Jan 2001065527.478.40$5,501
Dec 2000063026.889.12$5,747
Nov 2000072432.215.66$4,096
Oct 2000081531.235.15$4,194
Sep 2000018331.875.19$949
Aug 2000013529.644.54$613
Jul 2000037728.534.09$1,542
Jun 2000041329.304.40$1,816
May 2000055327.263.68$2,035
Apr 2000046924.513.12$1,461
Mar 2000053528.422.86$1,530
Feb 2000050827.622.73$1,385
Jan 2000056425.272.48$1,399
Dec 1999062324.282.42$1,510
Nov 1999051323.192.43$1,249
Oct 1999051720.982.80$1,450
Sep 1999048821.752.62$1,278
Aug 1999051319.262.88$1,475
Jul 1999049717.892.37$1,179
Jun 1999048515.942.36$1,146
May 1999050615.792.32$1,174
Apr 1999051015.102.21$1,126
Mar 1999055012.471.84$1,011
Feb 199905279.981.82$958
Jan 1999051610.381.90$980
Dec 199805039.201.77$892
Nov 1998563810.892.19$1,449
Oct 1998056212.421.97$1,107
Sep 1998056812.592.08$1,183
Aug 1998058811.301.91$1,122
Jul 1998061311.742.24$1,371
Jun 1998059011.242.24$1,320
May 1998059712.622.21$1,317
Apr 1998057313.042.51$1,436
Mar 1998060412.802.31$1,395
Feb 1998050013.952.30$1,150
Jan 1998055914.702.15$1,205
Dec 1997055716.322.41$1,343
Nov 1997053318.193.09$1,646
Oct 1997054119.253.15$1,704
Sep 1997061717.742.95$1,823
Aug 1997056417.862.55$1,441
Jul 1997064217.582.25$1,443
Jun 1997064717.242.26$1,460
May 1997065618.972.31$1,514
Apr 1997065117.882.08$1,356
Mar 1997065918.951.94$1,278
Feb 1997052020.492.21$1,147
Jan 1997061323.483.54$2,170
Dec 1996066623.32—$0
Nov 1996071221.97—$0
Oct 1996028123.31—$0
Sep 1996040022.22—$0
Aug 1996555620.26—$101
Jul 1996057119.55—$0
Jun 1996556218.73—$94
May 1996056919.43—$0
Apr 1996052821.51—$0
Mar 1996056119.38—$0
Feb 1996052016.98—$0
Jan 1996056317.07—$0
Dec 1995055117.19—$0
Nov 1995054216.00—$0
Oct 1995055715.43—$0
Sep 1995057016.18—$0
Aug 1995061815.92—$0
Jul 1995461815.24—$61
Jun 1995059516.41—$0
May 1995063517.56—$0
Apr 1995059517.73—$0
Mar 1995068216.44—$0
Feb 1995062716.58—$0
Jan 1995047515.92—$0
Dec 1994045115.03—$0
Nov 1994051115.90—$0
Oct 1994061115.58—$0
Sep 1994059015.29—$0
Aug 1994064316.13—$0
Jul 1994064617.56—$0
Jun 1994059617.09—$0
May 1994057515.88—$0
Apr 1994057014.14—$0
Mar 1994058112.46—$0
Feb 1994051512.50—$0
Jan 1994064212.66—$0
Dec 1993061512.33—$0
Nov 1993059514.49—$0
Oct 1993068615.85—$0
Sep 1993067015.03—$0
Aug 1993067715.66—$0
Jul 1993058015.46—$0
Jun 1993069516.79—$0
May 1993061317.68—$0
Apr 1993075318.05—$0
Mar 1993061318.14—$0
Feb 1993062517.90—$0
Jan 1993067016.93—$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.

Dec 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.01 =         $0
Gas                   35 Mcf  × $  2.30 =        $81

────────────────────────────────────────────────────
Month total                                      $81

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. 8A/G/56001 is the state's own key, not one this site invented.