BUCHANAN B 13-12 (ALLOC-F)

BUCHANAN B 13-12 (ALLOC-F) is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 246,640 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $12K, with roughly $9K expected over the next twelve months.

OperatorLaredo Petroleum, Inc.
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number56375
Wellbores1
Reported production246,640 bbl
First reportedApril 2021
Last reportedAugust 2026
Estimated royalty value$12K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.