BUCHANAN B 13-12 (ALLOC-G)
BUCHANAN B 13-12 (ALLOC-G) 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 October 2021 to August 2026, totalling 283,478 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 $70K, with roughly $22K expected over the next twelve months.
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 56487 |
| Wellbores | 1 |
| Reported production | 283,478 bbl |
| First reported | October 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $70K |
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.