BUFFALO CREEK GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260938District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
May 2011 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
181
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112011-10-27203961
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition664 bbl$39,936
GasProduction1,020,777 Mcf$3,496,330
Total$3,536,266

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 31.4760, -96.1939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47601, -96.19389 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 13,000 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-161346921213,000 ftMay 2011

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 (181)

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

181 months

May 202602,786106.413.05$8,486
Apr 202602,75698.932.87$7,909
Mar 202612,96989.753.15$9,440
Feb 202601,88963.503.75$7,084
Jan 202602,42159.138.00$19,363
Dec 202502,60756.664.41$11,506
Nov 202502,58658.593.93$10,154
Oct 202512,71459.383.30$9,029
Sep 202502,61262.743.08$8,037
Aug 202502,67563.933.01$8,064
Jul 202502,91066.743.32$9,647
Jun 202502,79066.483.13$8,729
May 202502,69560.553.23$8,711
Apr 202502,49662.363.54$8,844
Mar 202512,61767.704.27$11,238
Feb 202502,32870.884.34$10,105
Jan 202502,75574.324.28$11,788
Dec 202412,64168.993.12$8,313
Nov 202402,74369.052.20$6,030
Oct 202402,89971.372.28$6,614
Sep 202402,76169.612.36$6,528
Aug 202402,82975.632.06$5,838
Jul 202402,72579.932.15$5,849
Jun 202412,88178.082.63$7,667
May 202403,16678.812.20$6,960
Apr 202413,03384.451.66$5,117
Mar 202403,28580.301.55$5,076
Feb 202402,67476.091.78$4,769
Jan 202403,34273.023.30$11,021
Dec 202313,20471.262.61$8,436
Nov 202333,22677.892.81$9,291
Oct 202343,49685.443.09$11,135
Sep 202363,44489.042.74$9,954
Aug 202373,61480.522.67$10,223
Jul 202363,43574.852.64$9,524
Jun 2023112,91968.962.26$7,351
May 202393,58270.622.23$8,614
Apr 202363,51278.122.24$8,328
Mar 202363,59672.852.39$9,043
Feb 202322,99275.112.47$7,528
Jan 202353,64476.533.39$12,728
Dec 202203,69576.415.73$21,169
Nov 202203,35485.005.65$18,937
Oct 202203,50187.185.86$20,529
Sep 202203,63684.888.16$29,683
Aug 202203,91894.529.13$35,760
Jul 202203,975101.587.54$29,980
Jun 202203,878115.097.98$30,936
May 202204,050109.378.43$34,154
Apr 202203,943104.226.84$26,961
Mar 202204,112108.885.08$20,874
Feb 202203,71691.054.86$18,055
Jan 202234,06781.844.54$18,700
Dec 202124,22071.323.90$16,597
Nov 202133,75377.435.24$19,886
Oct 202123,73079.795.71$21,472
Sep 202113,74069.865.35$20,082
Aug 202123,91566.024.22$16,656
Jul 202134,03070.783.98$16,260
Jun 202133,80469.493.38$13,068
May 202133,99663.483.02$12,249
Apr 202113,79960.362.76$10,540
Mar 202134,13661.302.72$11,421
Feb 202133,15757.805.55$17,688
Jan 202123,92850.412.81$11,140
Dec 202024,39444.642.68$11,845
Nov 202022,90038.772.71$7,927
Oct 202053,42036.972.48$8,661
Sep 202063,04137.091.99$6,277
Aug 202033,45939.982.39$8,370
Jul 202094,11438.371.83$7,854
Jun 2020134,41134.901.69$7,910
May 202004,80516.921.81$8,720
Apr 2020144,66514.751.80$8,624
Mar 2020284,72130.341.86$9,613
Feb 2020194,63449.881.98$10,126
Jan 202004,42757.252.09$9,273
Dec 201904,55759.012.30$10,501
Nov 201914,53355.302.75$12,524
Oct 201904,66053.472.42$11,270
Sep 201914,53255.052.66$12,098
Aug 201924,35753.112.30$10,146
Jul 201924,59756.272.46$11,421
Jun 201934,40952.782.49$11,142
May 201934,68958.482.74$13,025
Apr 201954,56062.632.75$12,856
Mar 201954,98556.803.06$15,549
Feb 201944,10550.852.79$11,665
Jan 2019114,77046.033.23$15,905
Dec 201845,13246.594.19$21,666
Nov 201824,89852.934.24$20,860
Oct 201835,10261.443.40$17,521
Sep 201885,15759.543.11$16,504
Aug 201845,25359.403.07$16,346
Jul 2018125,48465.142.93$16,860
Jun 201895,56860.183.08$17,674
May 2018135,59365.382.90$17,074
Apr 201875,46663.842.90$16,303
Mar 2018116,31561.222.79$18,272
Feb 2018167,00361.782.77$20,360
Jan 201872,40562.874.01$10,083
Dec 201712,58157.272.92$7,598
Nov 201702,72155.423.12$8,485
Oct 201713,03149.292.98$9,093
Sep 201713,05347.523.09$9,473
Aug 201713,34145.373.00$10,083
Jul 201713,53243.873.09$10,948
Jun 201713,56142.493.09$11,036
May 201723,65245.373.26$12,009
Apr 201734,25847.933.21$13,819
Mar 201713,91946.772.98$11,740
Feb 201723,33050.452.95$9,933
Jan 201714,25749.413.42$14,603
Dec 201614,99048.763.72$18,626
Nov 201605,10342.492.64$13,494
Oct 201605,26046.193.09$16,255
Sep 201605,38841.553.10$16,706
Aug 201605,68241.442.92$16,616
Jul 201605,64641.622.92$16,511
Jun 201605,52445.352.69$14,837
May 201605,60042.521.99$11,150
Apr 201605,88936.561.99$11,725
Mar 201605,79133.011.79$10,389
Feb 201605,69826.472.06$11,759
Jan 201606,24627.352.36$14,768
Dec 20151266,89732.362.00$17,881
Nov 201506,78338.792.17$14,701
Oct 201507,22843.552.43$17,539
Sep 201507,20942.992.76$19,885
Aug 201507,56340.162.87$21,725
Jul 201507,14648.152.95$21,046
Jun 201506,78256.152.88$19,552
May 201507,02755.212.96$20,768
Apr 201506,84049.822.71$18,513
Mar 201507,08442.892.93$20,789
Feb 201506,43244.662.98$19,143
Jan 201507,08643.433.10$21,971
Dec 201407,10554.693.59$25,517
Nov 201406,74270.464.25$28,666
Oct 201407,35278.303.90$28,680
Sep 201407,28886.164.05$29,483
Aug 201407,71889.394.04$31,143
Jul 201407,81296.564.18$32,651
Jun 201407,65898.164.74$36,275
May 201407,97294.734.73$37,680
Apr 201407,79695.944.81$37,492
Mar 201408,05995.895.06$40,753
Feb 201407,32497.406.19$45,350
Jan 201408,12890.404.86$39,508
Dec 201308,16091.824.35$35,533
Nov 201308,06788.853.74$30,157
Oct 201308,52097.423.78$32,200
Sep 201308,441104.113.72$31,381
Aug 201308,903104.253.52$31,362
Jul 201309,109102.523.72$33,865
Jun 201308,93094.403.93$35,125
May 201309,34494.834.15$38,769
Apr 201309,14793.964.28$39,173
Mar 201309,61693.623.91$37,626
Feb 201308,78691.233.42$30,047
Jan 201309,88291.603.42$33,796
Dec 201217710,04786.773.42$49,721
Nov 201209,95986.953.62$36,101
Oct 2012010,46889.383.40$35,588
Sep 2012010,34994.672.92$30,203
Aug 2012010,92892.662.91$31,780
Jul 2012011,26485.133.02$34,026
Jun 2012011,11279.822.52$27,992
May 2012011,80291.612.49$29,367
Apr 2012011,695101.652.00$23,353
Mar 2012112,412105.052.22$27,686
Feb 2012011,857101.102.57$30,475
Jan 2012112,60398.092.73$34,556
Dec 2011012,18596.873.24$39,476
Nov 2011112,60295.723.31$41,824
Oct 2011014,08084.983.65$51,371
Sep 2011014,92683.623.99$59,492
Aug 2011018,04483.404.15$74,870
Jul 2011021,98994.144.52$99,330
Jun 2011416,99192.904.64$79,208
May 201116,05298.134.40$26,756

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,786 Mcf  × $  3.05 =     $8,486

────────────────────────────────────────────────────
Month total                                   $8,486

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. 05/G/260938 is the state's own key, not one this site invented.