ARCO-G&BN FEE

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the SUGAR CREEK (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 58756District 03Field 86940900CondensateGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2012
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
233
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1975-06-08
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF 5-1-95, PER OPERATOR REQUEST.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition9,322 bbl$192,107
GasProduction661,850 Mcf$1,643,400
Total$1,835,508

244,424 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9869, -94.3110. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98688, -94.31100 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,068 ft
1 wells filed one
Completion to plug
38.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,068 ft.

Completions filed
Sep 1973
1 of 1 wells
Plug dates filed
Dec 2011
1 of 1 wells

Last completion to plug: a median of 38.3 years across the 1 well that filed both dates, with the middle half between 38.3 years and 38.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-45730072111,068 ftSep 1973Dec 2011Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (233)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

233 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121290101.102.57$13,042
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200902174.593.75$79
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090967.423.22$29
Jul 20090061.133.46$0
Jun 200901166.163.90$43
May 200901954.743.93$75
Apr 200901946.773.59$68
Mar 20090042.144.06$0
Feb 200905132.814.63$236
Jan 2009073635.865.37$3,953
Dec 2008052337.105.98$3,126
Nov 2008039255.496.86$2,689
Oct 2008033475.246.92$2,312
Sep 200801,157101.767.88$9,114
Aug 20080973114.228.48$8,254
Jul 20080135131.0811.39$1,538
Jun 20080289131.3313.03$3,766
May 2008020123.1711.57$231
Apr 2008014110.3110.45$146
Mar 200809101.909.66$87
Feb 2008011092.538.77$965
Jan 200802,07390.388.21$17,010
Dec 200702,43888.337.30$17,802
Nov 200701,36391.677.29$9,939
Oct 2007080982.856.92$5,600
Sep 2007098375.846.24$6,138
Aug 2007052569.066.39$3,354
Jul 200701,53270.906.39$9,786
Jun 200701,33262.007.55$10,055
May 200701,96558.747.85$15,418
Apr 200703,04859.617.81$23,790
Mar 200702,37556.927.30$17,342
Feb 200703,08055.108.22$25,305
Jan 200702,88250.306.73$19,387
Dec 200602,36856.656.92$16,383
Nov 200603,02454.207.62$23,035
Oct 200602,66254.906.01$16,009
Sep 2006093660.085.04$4,715
Aug 200601,58068.717.34$11,597
Jul 200602,91369.376.34$18,476
Jun 200602,97266.286.38$18,973
May 200603,30566.016.42$21,235
Apr 200603,23164.397.36$23,782
Mar 200601,77856.707.08$12,593
Feb 200611857.597.75$197
Jan 200601,40560.598.93$12,551
Dec 2005091554.9413.42$12,275
Nov 2005010054.6910.59$1,059
Oct 20050058.3413.80$0
Sep 200501,87561.4512.08$22,648
Aug 200503,49261.519.80$34,211
Jul 200501,07155.697.84$8,401
Jun 2005057552.337.38$4,244
May 200511954545.226.65$9,006
Apr 2005048649.207.36$3,577
Mar 200501,48450.377.15$10,618
Feb 200503,06245.226.31$19,327
Jan 200503,10443.166.32$19,624
Dec 2004031839.866.75$2,147
Nov 200401,82745.286.33$11,566
Oct 200401,15049.706.52$7,492
Sep 200402843.245.28$148
Aug 2004044742.375.55$2,481
Jul 200418091538.286.08$12,457
Jun 2004016536.106.43$1,061
May 2004240937.486.49$2,731
Apr 2004367634.475.86$4,064
Mar 2004075734.365.53$4,186
Feb 200411,03832.455.51$5,751
Jan 200402,97932.036.30$18,767
Dec 2003044830.266.30$2,823
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003165026.314.75$4,341
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200301,31026.675.41$7,084
Mar 200301,29831.146.10$7,913
Feb 200301,73033.487.93$13,712
Jan 20031786,28430.315.58$40,473
Dec 200205,46326.914.85$26,516
Nov 20021844,67624.664.14$23,882
Oct 200204,77326.464.23$20,186
Sep 200204,70527.443.64$17,104
Aug 20021713,90925.963.16$16,808
Jul 200202,90324.583.06$8,888
Jun 200205,99323.733.34$20,006
May 20021796,64324.663.58$28,223
Apr 200204,84223.653.51$17,007
Mar 200204,04322.003.10$12,544
Feb 20021873,97318.222.38$12,846
Jan 200204,22617.172.38$10,040
Dec 200105,76816.932.36$13,638
Nov 200105,70118.072.41$13,714
Oct 20011824,81319.782.53$15,771
Sep 200106,04324.262.25$13,605
Aug 20011616,11224.873.05$22,665
Jul 200106,03523.933.20$19,294
Jun 20011836,32724.563.82$28,690
May 200106,47425.524.31$27,886
Apr 20011836,12324.685.34$37,185
Mar 200103,76024.545.38$20,215
Feb 200102,58027.755.77$14,879
Jan 200104,76627.478.40$40,028
Dec 200002,31026.889.12$21,073
Nov 20000032.215.66$0
Oct 2000047231.235.15$2,429
Sep 200001,79431.875.19$9,305
Aug 2000082529.644.54$3,746
Jul 20001774,96828.534.09$25,368
Jun 200004,04529.304.40$17,787
May 20001835,91927.263.68$26,769
Apr 200005,99224.513.12$18,671
Mar 200006,51828.422.86$18,640
Feb 20001855,90327.622.73$21,204
Jan 200006,10325.272.48$15,138
Dec 19991809,08624.282.42$26,392
Nov 19991779,21923.192.43$26,544
Oct 1999010,02020.982.80$28,093
Sep 199902,71021.752.62$7,097
Aug 1999069519.262.88$1,999
Jul 199902,81517.892.37$6,678
Jun 19991873,24715.942.36$10,651
May 199903,43015.792.32$7,961
Apr 19991735,75015.102.21$15,309
Mar 199906,63612.471.84$12,199
Feb 19991736,5869.981.82$13,699
Jan 19991774,60910.381.90$10,594
Dec 199804,0719.201.77$7,219
Nov 199805,70110.892.19$12,461
Oct 19981816,70912.421.97$15,459
Sep 1998723,62612.592.08$8,458
Aug 199805,80911.301.91$11,080
Jul 199806,86611.742.24$15,361
Jun 199801,54011.242.24$3,445
May 199802,15712.622.21$4,759
Apr 19984115,65713.042.51$19,532
Mar 199806,72412.802.31$15,529
Feb 19981866,95413.952.30$18,583
Jan 199803,60314.702.15$7,764
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199701,21619.253.15$3,830
Sep 199704,15917.742.95$12,289
Aug 199703,15417.862.55$8,058
Jul 19971784,20617.582.25$12,580
Jun 199701,16717.242.26$2,634
May 199702,96018.972.31$6,833
Apr 199703,94817.882.08$8,223
Mar 19974054,73918.951.94$16,864
Feb 199705,03520.492.21$11,107
Jan 199703,21523.483.54$11,380
Dec 199603,94123.32$0
Nov 19961824,58521.97$3,999
Oct 199605,45423.31$0
Sep 19961935,15222.22$4,288
Aug 199604,93920.26$0
Jul 199604,49919.55$0
Jun 19961903,69418.73$3,559
May 199604,98719.43$0
Apr 199603,71521.51$0
Mar 19961984,39519.38$3,837
Feb 199604,50816.98$0
Jan 199603,38417.07$0
Dec 19951964,20517.19$3,369
Nov 199505,16616.00$0
Oct 19951913,99215.43$2,947
Sep 199504,94916.18$0
Aug 199505,27015.92$0
Jul 19951994,67715.24$3,033
Jun 199505,17516.41$0
May 19951954,81917.56$3,424
Apr 19951966,18017.73$3,475
Mar 199505,12616.44$0
Feb 199505,20916.58$0
Jan 199504,05115.92$0
Dec 19941955,41815.03$2,931
Nov 19941935,21215.90$3,069
Oct 199404,91815.58$0
Sep 19941984,52915.29$3,027
Aug 199405,12116.13$0
Jul 199404,77217.56$0
Jun 19941945,31217.09$3,315
May 199405,03315.88$0
Apr 199405,34114.14$0
Mar 19941965,38512.46$2,442
Feb 199404,62012.50$0
Jan 19941985,77412.66$2,507
Dec 199305,30712.33$0
Nov 199304,98414.49$0
Oct 19932025,55215.85$3,202
Sep 199306,55715.03$0
Aug 19931915,55615.66$2,991
Jul 199305,69115.46$0
Jun 19931935,80716.79$3,240
May 199305,92217.68$0
Apr 19931866,22918.05$3,357
Mar 199306,68418.14$0
Feb 19931926,15817.90$3,437
Jan 19931916,47016.93$3,234

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 2012 — as filed, then multipliedworked
Condensate           129 bbl  × $101.10 =    $13,042
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $13,042

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/58756 is the state's own key, not one this site invented.