BUCHANAN B 13-12 (ALLOC-H)

BUCHANAN B 13-12 (ALLOC-H) is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Laredo Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 483,520 barrels. 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 $4.7M, with roughly $2.2M 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 3,710 barrels a month, about 1,855 per wellbore. Its strongest month on the record we hold was December 2021, at 37,848 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 B 13-12 (ALLOC-H)

Who operates BUCHANAN B 13-12 (ALLOC-H)?: BUCHANAN B 13-12 (ALLOC-H) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
Where is BUCHANAN B 13-12 (ALLOC-H)?: BUCHANAN B 13-12 (ALLOC-H) is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56446.
Is BUCHANAN B 13-12 (ALLOC-H) still producing?: BUCHANAN B 13-12 (ALLOC-H) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCHANAN B 13-12 (ALLOC-H) is August 2026.
How much has BUCHANAN B 13-12 (ALLOC-H) produced?: BUCHANAN B 13-12 (ALLOC-H) has reported 483,520 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 2 wellbores.
How much is BUCHANAN B 13-12 (ALLOC-H) worth?: The remaining production from BUCHANAN B 13-12 (ALLOC-H) is estimated to be worth about $4.7M in total as of 27 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCHANAN B 13-12 (ALLOC-H) is a fraction of it. The estimate fits an Arps decline curve to the production BUCHANAN B 13-12 (ALLOC-H) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCHANAN B 13-12 (ALLOC-H) is an estimate of value, not an offer and not an appraisal.
How much income does BUCHANAN B 13-12 (ALLOC-H) generate in a year?: BUCHANAN B 13-12 (ALLOC-H) is forecast to net about $2.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUCHANAN B 13-12 (ALLOC-H) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BUCHANAN B 13-12 (ALLOC-H) as filed with the Railroad Commission of Texas
Operator	Laredo Petroleum, Inc.
Field	Spraberry (Trend Area)
County	Howard County, Texas
RRC district	08
Lease number	56446
Wellbores	2
Reported production	483,520 bbl
First reported	October 2021
Last reported	August 2026
Estimated royalty value	$4.7M

Where BUCHANAN B 13-12 (ALLOC-H) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.