GLASPIE, BILLIE BURK ET AL

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

Gas lease lease 111251District 06Field 35800750NGPA filingCondensateGasSaveExport
Value, all time
$267 k
Jan 1993 – Jul 2019
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
319
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1982-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-02-07.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 12-1-94.

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
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
CondensateDisposition3,522 bbl$123,557
GasProduction50,909 Mcf$143,867
Total$267,424

8,525 Mcf of this lease's gas, across 30 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 32.0869, -95.0400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08692, -95.03996 · 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
8,555 ft
1 wells filed one
Completion to plug
32.4 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 8,555 ft.

Completions filed
May 1984
1 of 1 wells
Plug dates filed
Oct 2016
1 of 1 wells

Last completion to plug: a median of 32.4 years across the 1 well that filed both dates, with the middle half between 32.4 years and 32.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0733056618,555 ftMay 1984Oct 2016Yes

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 (319)

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

319 months

Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201874046.594.19$3,448
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160226.472.06$4
Jan 201601927.352.36$45
Dec 201501032.362.00$20
Nov 20150638.792.17$13
Oct 201503743.552.43$90
Sep 20150442.992.76$11
Aug 20151691340.162.87$6,824
Jul 201501148.152.95$32
Jun 20150756.152.88$20
May 20150655.212.96$18
Apr 20150849.822.71$22
Mar 20150442.892.93$12
Feb 20150244.662.98$6
Jan 20150943.433.10$28
Dec 20140454.693.59$14
Nov 20140270.464.25$9
Oct 201401078.303.90$39
Sep 20140386.164.05$12
Aug 2014168989.394.04$15,054
Jul 201401196.564.18$46
Jun 20140698.164.74$28
May 20140694.734.73$28
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140297.406.19$12
Jan 20141701590.404.86$15,441
Dec 20130691.824.35$26
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201303104.113.72$11
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130393.964.28$13
Mar 20132393.623.91$199
Feb 201317525191.233.42$16,824
Jan 201313991.603.42$225
Dec 201231786.773.42$318
Nov 201201286.953.62$44
Oct 20120289.383.40$7
Sep 20120394.672.92$9
Aug 20120792.662.91$20
Jul 201203185.133.02$94
Jun 20120279.822.52$5
May 20120291.612.49$5
Apr 20120112101.652.00$224
Mar 201207105.052.22$16
Feb 20120241101.102.57$619
Jan 2012022698.092.73$618
Dec 2011020896.873.24$674
Nov 2011017895.723.31$589
Oct 2011027784.983.65$1,011
Sep 2011092283.623.99$3,675
Aug 2011061483.404.15$2,548
Jul 2011067394.144.52$3,040
Jun 2011063592.904.64$2,946
May 2011037898.134.40$1,665
Apr 201101,001105.964.33$4,338
Mar 2011194796.364.06$3,939
Feb 2011093085.644.18$3,887
Jan 2011158886.504.59$2,785
Dec 2010045185.734.35$1,961
Nov 2010241480.843.80$1,733
Oct 2010064478.103.51$2,260
Sep 2010169172.633.98$2,822
Aug 2010074373.684.42$3,284
Jul 2010042972.554.74$2,032
Jun 20101195170.364.91$8,623
May 2010145671.124.24$2,002
Apr 2010056181.694.12$2,313
Mar 2010049678.394.39$2,177
Feb 2010034173.585.44$1,856
Jan 2010032474.365.96$1,932
Dec 2009021871.445.48$1,195
Nov 200901,18474.593.75$4,442
Oct 2009054472.544.11$2,236
Sep 2009045965.543.06$1,407
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080290.388.21$16
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070175.846.24$6
Aug 20070069.066.39$0
Jul 20070370.906.39$19
Jun 20070062.007.55$0
May 200703258.747.85$251
Apr 200701559.617.81$117
Mar 200702656.927.30$190
Feb 2007117755.108.22$1,509
Jan 2007011050.306.73$740
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200602954.906.01$174
Sep 200604060.085.04$201
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200616056.707.08$907
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 200501854.9413.42$241
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005141049.207.36$6,937
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004045349.706.52$2,951
Sep 200401143.245.28$58
Aug 20040942.375.55$50
Jul 20040438.286.08$24
Jun 20040936.106.43$58
May 200403037.486.49$195
Apr 200405134.475.86$299
Mar 200403934.365.53$216
Feb 200404132.455.51$226
Jan 200401132.036.30$69
Dec 2003801230.266.30$2,496
Nov 20030628.804.60$28
Oct 200305828.174.76$276
Sep 200301326.314.75$62
Aug 200301529.765.13$77
Jul 200302629.415.17$134
Jun 200309228.565.98$550
May 200309726.595.97$579
Apr 200309426.675.41$508
Mar 200306931.146.10$421
Feb 200307633.487.93$602
Jan 200304330.315.58$240
Dec 200206726.914.85$325
Nov 200204824.664.14$199
Oct 20021543026.464.23$4,202
Sep 20020927.443.64$33
Aug 200202925.963.16$92
Jul 200202324.583.06$70
Jun 200201423.733.34$47
May 200204324.663.58$154
Apr 200205823.653.51$204
Mar 200207522.003.10$233
Feb 200206918.222.38$164
Jan 200206617.172.38$157
Dec 20010816.932.36$19
Nov 20010518.072.41$12
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010624.873.05$18
Jul 20010023.933.20$0
Jun 20010724.563.82$27
May 200101025.524.31$43
Apr 200116215024.685.34$4,798
Mar 2001035924.545.38$1,930
Feb 2001027527.755.77$1,586
Jan 2001021327.478.40$1,789
Dec 2000013726.889.12$1,250
Nov 200016911932.215.66$6,117
Oct 2000025331.235.15$1,302
Sep 2000025331.875.19$1,312
Aug 2000040829.644.54$1,853
Jul 2000034328.534.09$1,403
Jun 200016325029.304.40$5,875
May 2000025027.263.68$920
Apr 2000038624.513.12$1,203
Mar 2000033728.422.86$964
Feb 200015345827.622.73$5,475
Jan 200001125.272.48$27
Dec 199906624.282.42$160
Nov 199907223.192.43$175
Oct 1999019020.982.80$533
Sep 1999081621.752.62$2,137
Aug 19996785219.262.88$3,740
Jul 1999039017.892.37$925
Jun 199901,53615.942.36$3,628
May 199931,25815.792.32$2,967
Apr 19998192215.102.21$3,259
Mar 199911,42712.471.84$2,636
Feb 19991059629.981.82$2,797
Jan 1999059010.381.90$1,121
Dec 199812549.201.77$460
Nov 1998049810.892.19$1,088
Oct 199810981512.421.97$2,959
Sep 1998180812.592.08$1,695
Aug 1998386711.301.91$1,688
Jul 199801,03211.742.24$2,309
Jun 19981011,04711.242.24$3,478
May 1998277312.622.21$1,731
Apr 19989082813.042.51$3,248
Mar 1998284212.802.31$1,970
Feb 199812963313.952.30$3,255
Jan 1998245514.702.15$1,010
Dec 1997037216.322.41$897
Nov 1997642018.193.09$1,406
Oct 1997874319.253.15$1,810
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19971017.582.25$18
Jun 199705617.242.26$126
May 1997124318.972.31$580
Apr 1997228817.882.08$577
Mar 1997857318.951.94$1,752
Feb 199705320.492.21$117
Jan 199709023.483.54$319
Dec 199615623.32$23
Nov 199604221.97$0
Oct 199607723.31$0
Sep 1996014322.22$0
Aug 199602920.26$0
Jul 199601319.55$0
Jun 19960018.73$0
May 199680019.43$1,554
Apr 199604021.51$0
Mar 1996012619.38$0
Feb 19961006216.98$1,698
Jan 1996013317.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 199552015.24$792
Jun 19950016.41$0
May 199501717.56$0
Apr 1995021117.73$0
Mar 1995033116.44$0
Feb 1995033516.58$0
Jan 19954965915.92$780
Dec 1994015515.03$0
Nov 1994020415.90$0
Oct 1994030715.58$0
Sep 1994039015.29$0
Aug 199401,05416.13$0
Jul 1994045117.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 199420012.46$249
Feb 1994696012.50$863
Jan 199402912.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 199307615.85$0
Sep 19930015.03$0
Aug 199304515.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19936046917.68$1,061
Apr 1993062918.05$0
Mar 1993731,18118.14$1,324
Feb 19937990217.90$1,414
Jan 199311429916.93$1,930

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.

Dec 2018 — as filed, then multipliedworked
Condensate            74 bbl  × $ 46.59 =     $3,448
Gas                    0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                   $3,448

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. 06/G/111251 is the state's own key, not one this site invented.