BUCHANAN GAS UNIT
BUCHANAN GAS UNIT is a Texas gas lease in Hidalgo County, Railroad Commission district 04, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2004 to August 2026, totalling 1,977,652 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $12K, with roughly $1K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 57 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 3,001 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BUCHANAN GAS UNIT
- Who operates BUCHANAN GAS UNIT?
- BUCHANAN GAS UNIT is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is BUCHANAN GAS UNIT?
- BUCHANAN GAS UNIT is a Texas gas lease in Hidalgo County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 203837.
- Is BUCHANAN GAS UNIT still producing?
- BUCHANAN GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCHANAN GAS UNIT is August 2026.
- How much has BUCHANAN GAS UNIT produced?
- BUCHANAN GAS UNIT has reported 1,977,652 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2004 and August 2026, from 1 wellbore.
- How much is BUCHANAN GAS UNIT worth?
- The remaining production from BUCHANAN GAS UNIT is estimated to be worth about $12K in total as of 27 August 2026, within a range of $7K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCHANAN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BUCHANAN GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCHANAN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BUCHANAN GAS UNIT generate in a year?
- BUCHANAN GAS UNIT is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUCHANAN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Donna (Harrell) |
| County | Hidalgo County, Texas |
| RRC district | 04 |
| Lease number | 203837 |
| Wellbores | 1 |
| Reported production | 1,977,652 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where BUCHANAN GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.