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Texas oil lease

Shut in

BUCHANAN O.P.

Buchanan O.p. is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

2 wells

0bbl oil, last 12 months
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-41917

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA PL MID-CONT WESTTEX LLC replaced TARGA PIPELINE MID-CONTINENT LLC as the buyer of this lease's gas from oil wells on Jul 21, 2025.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for BUCHANAN O.P., Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Dec 2023, at 2 bbl.Last 12 months: 0 bblbbl per monthmcf per month00250410061508200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for BUCHANAN O.P., Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Dec 2023, at 2 bbl.Last 12 monthsbbl per monthmcf per month00250410061508200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

71% of the gas went to lease fuel in the only month reported

  • Processing plant (3)
  • Lease fuel (1)
71% of the gas went to lease fuel in the only month reportedShare of BUCHANAN O.P. gas by disposition code each month, Aug 2023 to Jul 2026. 71% of the gas went to lease fuel in the only month reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
71% of the gas went to lease fuel in the only month reportedShare of BUCHANAN O.P. gas by disposition code each month, Aug 2023 to Jul 2026. 71% of the gas went to lease fuel in the only month reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    71% · 124 mcf

  • Processing plant (3)

    29% · 51 mcf

2 wells on this lease

Wells on BUCHANAN O.P.
API numberWell no.Status
42-329-368054Shut-in
42-329-368793Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers100Jul 21, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 21, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 21, 2025–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Jun 1, 2015Jul 21, 2025
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Jun 1, 2015Jul 21, 2025
Ngl Crude Logistics, LLCOilGathers100Jul 1, 2014Jul 21, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

81.70 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Buchanan O.p.
API numberWell no.Acreson the permit
42-329-36879381.70
42-329-36805481.70

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for BUCHANAN O.P.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 2024026000$74.15$3.18
Dec 20232183000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202310000$89.43$2.64
Aug 202370175510$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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