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Texas oil lease

Producing

BUCHANAN UNIT

Buchanan Unit is an oil lease in Tom Green County, Texas, operated by Star Production, Inc. in the Star Light (Palo Pinto) field.

1 well

802bbl oil, last 12 months−9% vs prior year
RRC lease
7C-16703

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Where it sits

This county

Tom Green CountyTom GreenIrionRunnelsSterlingConchoCokeTom Green County
Tom Green County
Gas, last 12 months
12 mcf
Oil in Jul 2026
65 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for BUCHANAN UNIT, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 802 bbl in the 12 months through Jul 2026, against 879 bbl in the 12 months before.Last 12 months: 802 bblbbl per monthmcf per month002505017511001Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for BUCHANAN UNIT, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 802 bbl in the 12 months through Jul 2026, against 879 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505017511001Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of BUCHANAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of BUCHANAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

1 well on this lease

Wells on BUCHANAN UNIT
API numberWell no.Status
42-451-325841Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Transoil Marketing, LLCOilGathers100Apr 1, 2012

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

40 acres on the newest permit

Permits for Buchanan Unit
API numberWell no.Acreson the permit
42-451-32584140

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for BUCHANAN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202665166101$80.46$2.89
Jun 2026760101$84.81$3.15
May 202670165101$102.13$2.94
Apr 2026680101$100.32$2.77
Mar 2026680101$91.38$3.04
Feb 202664172101$64.51$3.62
Jan 2026580101$60.04$7.72
Dec 2025520101$57.97$4.26
Nov 202571165101$60.06$3.79
Oct 2025710101$60.89$3.19
Sep 202564177101$63.96$2.97
Aug 2025750101$64.86$2.91
Jul 2025710101$68.39$3.20
Jun 202571163101$68.17$3.02
May 2025700101$62.17$3.12
Apr 202573177101$63.54$3.42
Mar 2025840101$68.24$4.12
Feb 202565166101$71.53$4.19
Jan 2025880101$75.74$4.13
Dec 2024510101$70.12$3.01
Nov 202472178101$69.95$2.12
Oct 2024760101$71.99$2.20
Sep 202478171101$70.24$2.28
Aug 2024800101$76.68$1.99
Jul 202477174101$81.80$2.07
Jun 2024860101$79.77$2.54
May 2024790101$80.02$2.12
Apr 202478174101$85.35$1.60
Mar 2024890101$81.28$1.49
Feb 202487172101$77.25$1.72
Jan 2024790101$74.15$3.18
Dec 202381168101$71.90$2.52
Nov 2023840101$77.69$2.71
Oct 202380174101$85.64$2.98
Sep 2023850101$89.43$2.64
Aug 202384171101$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Star Production, Inc. in Tom Green County

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Star Light (Palo Pinto) field

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