BUFORD & BLOW G.U. 4

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120029District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1993 – Nov 2012
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
239
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
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
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112004-07-29158329
NGPA2none

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
CondensateDisposition238 bbl$3,708
GasProduction507,706 Mcf$2,009,324
Total$2,013,032

103,985 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 32.3850, -94.5777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38495, -94.57772 · 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
10,530 ft
1 wells filed one
Completion to plug
16.3 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 10,530 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40132055110,530 ftJul 1996Nov 2012Yes

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 (239)

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

239 months

Nov 20120086.953.62$0
Oct 2012024989.383.40$847
Sep 2012053994.672.92$1,573
Aug 2012058892.662.91$1,710
Jul 2012059085.133.02$1,782
Jun 2012056679.822.52$1,426
May 2012058991.612.49$1,466
Apr 20120570101.652.00$1,138
Mar 20120600105.052.22$1,333
Feb 20120577101.102.57$1,483
Jan 2012062198.092.73$1,698
Dec 2011055596.873.24$1,798
Nov 2011055795.723.31$1,844
Oct 2011058084.983.65$2,116
Sep 2011048583.623.99$1,933
Aug 2011054583.404.15$2,261
Jul 2011057294.144.52$2,584
Jun 2011053492.904.64$2,478
May 2011052498.134.40$2,308
Apr 20110608105.964.33$2,635
Mar 2011063396.364.06$2,568
Feb 2011059285.644.18$2,475
Jan 2011073586.504.59$3,373
Dec 2010061285.734.35$2,661
Nov 2010054780.843.80$2,076
Oct 2010040278.103.51$1,411
Sep 2010019672.633.98$780
Aug 2010047473.684.42$2,095
Jul 2010033372.554.74$1,577
Jun 2010026270.364.91$1,287
May 201001,50471.124.24$6,370
Apr 201001,19881.694.12$4,939
Mar 201001,90878.394.39$8,374
Feb 201002,34473.585.44$12,757
Jan 201003,01674.365.96$17,988
Dec 2009034271.445.48$1,875
Nov 2009062374.593.75$2,337
Oct 2009070472.544.11$2,894
Sep 2009070865.543.06$2,170
Aug 2009073667.423.22$2,369
Jul 2009075661.133.46$2,619
Jun 2009072766.163.90$2,832
May 2009079554.743.93$3,121
Apr 2009072646.773.59$2,605
Mar 2009072942.144.06$2,959
Feb 2009070232.814.63$3,252
Jan 2009076135.865.37$4,087
Dec 2008082337.105.98$4,919
Nov 2008087455.496.86$5,996
Oct 2008093575.246.92$6,472
Sep 20080849101.767.88$6,688
Aug 20080929114.228.48$7,881
Jul 200801,013131.0811.39$11,537
Jun 20080926131.3313.03$12,068
May 20080930123.1711.57$10,764
Apr 20080838110.3110.45$8,761
Mar 20080915101.909.66$8,843
Feb 2008095192.538.77$8,341
Jan 200801,37990.388.21$11,316
Dec 200702,01288.337.30$14,692
Nov 200701,02791.677.29$7,489
Oct 200701,00482.856.92$6,950
Sep 2007087575.846.24$5,464
Aug 2007096369.066.39$6,152
Jul 200701,00370.906.39$6,407
Jun 2007096962.007.55$7,314
May 200701,24658.747.85$9,776
Apr 200701,24259.617.81$9,694
Mar 200701,33656.927.30$9,755
Feb 200701,38555.108.22$11,379
Jan 200701,45050.306.73$9,754
Dec 200601,71156.656.92$11,837
Nov 200602,98754.207.62$22,753
Oct 200601,51554.906.01$9,111
Sep 200602,20060.085.04$11,082
Aug 200602,22268.717.34$16,309
Jul 200602,94869.376.34$18,698
Jun 200602,49366.286.38$15,915
May 200601,97666.016.42$12,696
Apr 200601,66464.397.36$12,248
Mar 200601,92756.707.08$13,649
Feb 200602,13357.597.75$16,533
Jan 200602,21460.598.93$19,778
Dec 200502,32754.9413.42$31,218
Nov 200503,24054.6910.59$34,306
Oct 200502,25758.3413.80$31,137
Sep 200502,64961.4512.08$31,997
Aug 200502,85761.519.80$27,990
Jul 200505,63855.697.84$44,222
Jun 200502,95252.337.38$21,789
May 200502,87645.226.65$19,129
Apr 200503,09349.207.36$22,766
Mar 200503,16250.377.15$22,624
Feb 200509,04345.226.31$57,079
Jan 200506,31243.166.32$39,906
Dec 200405,00639.866.75$33,796
Nov 200405,05445.286.33$31,994
Oct 200405,36249.706.52$34,934
Sep 200405,22143.245.28$27,587
Aug 200405,64442.375.55$31,328
Jul 200405,72538.286.08$34,832
Jun 200405,77036.106.43$37,119
May 200406,38037.486.49$41,435
Apr 200406,87334.475.86$40,265
Mar 200406,72434.365.53$37,185
Feb 200406,68332.455.51$36,821
Jan 200408,81832.036.30$55,550
Dec 2003017,14830.266.30$108,061
Nov 2003017728.804.60$813
Oct 200301,17228.174.76$5,578
Sep 2003066526.314.75$3,158
Aug 200301,08929.765.13$5,586
Jul 200301,13629.415.17$5,874
Jun 2003091728.565.98$5,486
May 200301,05326.595.97$6,289
Apr 200301,36726.675.41$7,392
Mar 200302,02031.146.10$12,314
Feb 2003068833.487.93$5,453
Jan 200301,25430.315.58$7,000
Dec 200201,52926.914.85$7,421
Nov 200201,98924.664.14$8,228
Oct 200201,23826.464.23$5,236
Sep 200201,02727.443.64$3,733
Aug 2002086625.963.16$2,740
Jul 200201,09824.583.06$3,362
Jun 200201,15623.733.34$3,859
May 200201,62524.663.58$5,824
Apr 200201,41523.653.51$4,970
Mar 200201,56722.003.10$4,862
Feb 200201,42218.222.38$3,378
Jan 200201,43417.172.38$3,407
Dec 200101,98916.932.36$4,703
Nov 2001090618.072.41$2,179
Oct 2001079719.782.53$2,016
Sep 2001087924.262.25$1,979
Aug 2001096224.873.05$2,937
Jul 200101,11023.933.20$3,549
Jun 200101,07424.563.82$4,107
May 200101,30725.524.31$5,630
Apr 200101,52024.685.34$8,110
Mar 200101,27024.545.38$6,828
Feb 200101,03627.755.77$5,975
Jan 200101,42027.478.40$11,926
Dec 200001,02726.889.12$9,369
Nov 200001,65332.215.66$9,353
Oct 200001,27431.235.15$6,555
Sep 200001,23331.875.19$6,395
Aug 200001,46929.644.54$6,670
Jul 200002,06728.534.09$8,454
Jun 200002,24329.304.40$9,863
May 200002,24827.263.68$8,272
Apr 200002,04624.513.12$6,375
Mar 200002,70428.422.86$7,733
Feb 200001,39627.622.73$3,806
Jan 200001,67125.272.48$4,145
Dec 199901,67824.282.42$4,067
Nov 199902,59123.192.43$6,306
Oct 199902,60620.982.80$7,306
Sep 199901,88821.752.62$4,944
Aug 199902,98319.262.88$8,578
Jul 199902,82917.892.37$6,711
Jun 199903,08915.942.36$7,297
May 199902,73315.792.32$6,343
Apr 199903,36215.102.21$7,423
Mar 199902,21512.471.84$4,072
Feb 199902,3539.981.82$4,277
Jan 199903,30610.381.90$6,281
Dec 199803,8979.201.77$6,911
Nov 199801,59010.892.19$3,475
Oct 199801,94112.421.97$3,822
Sep 199802,25812.592.08$4,703
Aug 199802,60111.301.91$4,961
Jul 199802,42611.742.24$5,428
Jun 199802,35611.242.24$5,271
May 199802,33312.622.21$5,147
Apr 199801,80313.042.51$4,517
Mar 199802,59012.802.31$5,981
Feb 199802,46013.952.30$5,656
Jan 199803,14714.702.15$6,781
Dec 199701,87216.322.41$4,514
Nov 199703,15718.193.09$9,750
Oct 199703,28119.253.15$10,335
Sep 199703,00417.742.95$8,876
Aug 199703,20917.862.55$8,198
Jul 199703,43617.582.25$7,720
Jun 199705,52717.242.26$12,476
May 199705,41318.972.31$12,496
Apr 199708,52617.882.08$17,758
Mar 199707,35718.951.94$14,266
Feb 199706,62820.492.21$14,621
Jan 199705,87923.483.54$20,810
Dec 199606,10123.32$0
Nov 199606,95021.97$0
Oct 1996010,50323.31$0
Sep 1996011,51622.22$0
Aug 1996019,17520.26$0
Jul 199605,17819.55$0
Jun 1996060418.73$0
May 199601,02419.43$0
Apr 199601,00321.51$0
Mar 199601,01419.38$0
Feb 1996082716.98$0
Jan 1996079817.07$0
Dec 1995095617.19$0
Nov 1995099716.00$0
Oct 1995090615.43$0
Sep 1995070016.18$0
Aug 1995076815.92$0
Jul 1995083515.24$0
Jun 199501,18716.41$0
May 199501,35317.56$0
Apr 199501,05317.73$0
Mar 199501,04516.44$0
Feb 199581,75516.58$133
Jan 1995111,08915.92$175
Dec 1994111,17515.03$165
Nov 1994111,12715.90$175
Oct 1994779915.58$109
Sep 1994778615.29$107
Aug 1994755016.13$113
Jul 1994145017.56$18
Jun 1994391017.09$51
May 1994111,13615.88$175
Apr 199471,29614.14$99
Mar 1994111,29012.46$137
Feb 19941193912.50$138
Jan 199481,02812.66$101
Dec 19931491712.33$173
Nov 199381,04314.49$116
Oct 199371,08715.85$111
Sep 199381,09815.03$120
Aug 199391,25915.66$141
Jul 199391,29415.46$139
Jun 199391,35516.79$151
May 1993121,44917.68$212
Apr 1993121,20918.05$217
Mar 199381,37318.14$145
Feb 1993141,61317.90$251
Jan 1993141,46516.93$237

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.

Oct 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.38 =         $0
Gas                  249 Mcf  × $  3.40 =       $847

────────────────────────────────────────────────────
Month total                                     $847

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/120029 is the state's own key, not one this site invented.