BUSBY ESTATE GAS UNIT

Operated by TGNR EAST TEXAS LLC (P-5 850990) 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 124654District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
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
CondensateDisposition1,195 bbl$21,436
GasProduction928,391 Mcf$3,189,082
Total$3,210,518

208,042 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 32.2836, -94.7931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28363, -94.79309 · 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
10,950 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 10,950 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-40132133310,950 ftAug 1994

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022031891.054.86$1,545
Jan 2022023581.844.54$1,066
Dec 20210871.323.90$31
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200644.642.68$16
Nov 202007038.772.71$189
Oct 202002436.972.48$59
Sep 20200037.091.99$0
Aug 20200539.982.39$12
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201901,46453.472.42$3,541
Sep 201902,96255.052.66$7,871
Aug 2019031953.112.30$735
Jul 2019025156.272.46$617
Jun 2019028752.782.49$715
May 2019031458.482.74$860
Apr 2019043962.632.75$1,208
Mar 2019049856.803.06$1,525
Feb 201904150.852.79$114
Jan 2019049946.033.23$1,611
Dec 201801,81846.594.19$7,609
Nov 2018079652.934.24$3,373
Oct 2018051861.443.40$1,760
Sep 2018096359.543.11$2,993
Aug 20180059.403.07$0
Jul 2018031365.142.93$918
Jun 2018029460.183.08$905
May 2018043065.382.90$1,247
Apr 201801,04463.842.90$3,028
Mar 201801,57961.222.79$4,400
Feb 20180061.782.77$0
Jan 2018027362.874.01$1,095
Dec 2017094857.272.92$2,770
Nov 2017054755.423.12$1,706
Oct 2017066449.292.98$1,981
Sep 2017085247.523.09$2,630
Aug 201701,36645.373.00$4,104
Jul 201701,66643.873.09$5,143
Jun 2017025642.493.09$790
May 201701,70545.373.26$5,564
Apr 201702,65747.933.21$8,533
Mar 201701,45346.772.98$4,335
Feb 2017037950.452.95$1,119
Jan 201709549.413.42$325
Dec 201608448.763.72$313
Nov 2016011842.492.64$312
Oct 2016010746.193.09$331
Sep 2016083041.553.10$2,574
Aug 2016098641.442.92$2,883
Jul 2016020141.622.92$588
Jun 2016051945.352.69$1,394
May 2016053942.521.99$1,073
Apr 2016057836.561.99$1,151
Mar 2016060633.011.79$1,087
Feb 2016061526.472.06$1,269
Jan 2016368627.352.36$1,704
Dec 2015268232.362.00$1,430
Nov 2015069038.792.17$1,495
Oct 2015378943.552.43$2,045
Sep 2015266942.992.76$1,931
Aug 2015269540.162.87$2,077
Jul 2015275548.152.95$2,320
Jun 2015072856.152.88$2,099
May 2015071855.212.96$2,122
Apr 2015086749.822.71$2,347
Mar 201501,06242.892.93$3,117
Feb 2015050044.662.98$1,488
Jan 2015086443.433.10$2,679
Dec 2014088554.693.59$3,178
Nov 2014086670.464.25$3,682
Oct 201401,19578.303.90$4,662
Sep 2014058786.164.05$2,375
Aug 201401,07889.394.04$4,350
Jul 2014096196.564.18$4,017
Jun 201401,77098.164.74$8,384
May 201402,23694.734.73$10,569
Apr 201402,40295.944.81$11,552
Mar 201402,27095.895.06$11,479
Feb 2014092897.406.19$5,746
Jan 201402,12190.404.86$10,310
Dec 201302,15391.824.35$9,375
Nov 201301,31788.853.74$4,923
Oct 201302,61297.423.78$9,872
Sep 201301,778104.113.72$6,610
Aug 201301,905104.253.52$6,711
Jul 20130980102.523.72$3,643
Jun 201301,00394.403.93$3,945
May 201302,16394.834.15$8,974
Apr 201302,73093.964.28$11,691
Mar 201302,43293.623.91$9,516
Feb 201301,93591.233.42$6,618
Jan 201303,87691.603.42$13,256
Dec 201204,92486.773.42$16,841
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201101,80784.983.65$6,593
Sep 201102,91983.623.99$11,635
Aug 201103,08483.404.15$12,797
Jul 201103,26094.144.52$14,726
Jun 201103,19992.904.64$14,843
May 201102,59298.134.40$11,417
Apr 201101,542105.964.33$6,682
Mar 201101,66796.364.06$6,764
Feb 201101,79385.644.18$7,495
Jan 201102,24186.504.59$10,283
Dec 201001,65685.734.35$7,200
Nov 201001,50480.843.80$5,708
Oct 201001,25078.103.51$4,386
Sep 201001,82772.633.98$7,270
Aug 201002,63673.684.42$11,649
Jul 201002,88772.554.74$13,674
Jun 201002,68870.364.91$13,199
May 201003,47971.124.24$14,734
Apr 201002,65481.694.12$10,942
Mar 201002,10778.394.39$9,247
Feb 201001,46973.585.44$7,995
Jan 201001,45774.365.96$8,690
Dec 200901,73671.445.48$9,520
Nov 200922,36374.593.75$9,014
Oct 200903,68572.544.11$15,146
Sep 200902,13565.543.06$6,543
Aug 200902,14267.423.22$6,894
Jul 200903,49461.133.46$12,105
Jun 200903,87266.163.90$15,081
May 200903,75754.743.93$14,749
Apr 200902,05446.773.59$7,369
Mar 200901,87842.144.06$7,623
Feb 200902,05632.814.63$9,525
Jan 200912,09035.865.37$11,261
Dec 200801,46537.105.98$8,757
Nov 200802,27155.496.86$15,580
Oct 200812,97575.246.92$20,668
Sep 200802,198101.767.88$17,314
Aug 200803,445114.228.48$29,224
Jul 200803,390131.0811.39$38,610
Jun 200803,125131.3313.03$40,727
May 200802,994123.1711.57$34,653
Apr 200802,647110.3110.45$27,674
Mar 200803,127101.909.66$30,220
Feb 200802,06492.538.77$18,102
Jan 200802,21890.388.21$18,200
Dec 200702,93888.337.30$21,453
Nov 200702,79791.677.29$20,395
Oct 200702,10682.856.92$14,578
Sep 200702,35975.846.24$14,730
Aug 200701,94869.066.39$12,444
Jul 200701,83070.906.39$11,690
Jun 200712,64962.007.55$20,058
May 200703,13858.747.85$24,622
Apr 200702,63159.617.81$20,535
Mar 200712,39256.927.30$17,523
Feb 200702,94455.108.22$24,188
Jan 200703,26150.306.73$21,936
Dec 200613,38256.656.92$23,455
Nov 200623,47754.207.62$26,594
Oct 200613,97854.906.01$23,978
Sep 200614,21360.085.04$21,282
Aug 200613,87268.717.34$28,489
Jul 200604,04569.376.34$25,656
Jun 200602,95666.286.38$18,871
May 200601,53366.016.42$9,850
Apr 200601,30664.397.36$9,613
Mar 200603,68856.707.08$26,122
Feb 200602,16257.597.75$16,758
Jan 200601,80560.598.93$16,125
Dec 200501,81754.9413.42$24,376
Nov 200501,91454.6910.59$20,266
Oct 200501,67558.3413.80$23,108
Sep 200501,87961.4512.08$22,696
Aug 200502,08261.519.80$20,397
Jul 200502,28255.697.84$17,899
Jun 200503,04952.337.38$22,505
May 200503,48545.226.65$23,179
Apr 200503,40249.207.36$25,040
Mar 200503,54150.377.15$25,335
Feb 200503,32545.226.31$20,987
Jan 200503,82143.166.32$24,157
Dec 200403,52139.866.75$23,771
Nov 200403,70145.286.33$23,429
Oct 200403,70049.706.52$24,106
Sep 200403,80843.245.28$20,121
Aug 200404,21442.375.55$23,390
Jul 200404,61938.286.08$28,103
Jun 200402,81636.106.43$18,115
May 200405,02537.486.49$32,635
Apr 200404,20534.475.86$24,635
Mar 200404,11134.365.53$22,734
Feb 200404,08432.455.51$22,501
Jan 200403,85132.036.30$24,260
Dec 200304,73830.266.30$29,857
Nov 200303,80328.804.60$17,475
Oct 200304,41828.174.76$21,028
Sep 200304,56826.314.75$21,695
Aug 200305,15329.765.13$26,433
Jul 200305,35329.415.17$27,680
Jun 200305,18928.565.98$31,046
May 200305,68826.595.97$33,973
Apr 200302,61326.675.41$14,129
Mar 200303,41431.146.10$20,812
Feb 200303,87133.487.93$30,681
Jan 200304,51630.315.58$25,208
Dec 200204,68926.914.85$22,759
Nov 200204,14224.664.14$17,135
Oct 200204,73626.464.23$20,029
Sep 200204,61427.443.64$16,773
Aug 200204,92225.963.16$15,574
Jul 200204,82924.583.06$14,785
Jun 200204,89323.733.34$16,334
May 200204,83524.663.58$17,329
Apr 200205,17823.653.51$18,187
Mar 200205,32022.003.10$16,506
Feb 200205,54418.222.38$13,171
Jan 200206,01017.172.38$14,278
Dec 200106,07216.932.36$14,357
Nov 200106,56118.072.41$15,783
Oct 200108,04019.782.53$20,332
Sep 200108,55224.262.25$19,253
Aug 200108,04724.873.05$24,569
Jul 200105,10723.933.20$16,327
Jun 200102,41024.563.82$9,216
May 200101,44225.524.31$6,211
Apr 200101,25624.685.34$6,701
Mar 200101,48824.545.38$8,000
Feb 200101,76327.755.77$10,167
Jan 200101,80727.478.40$15,177
Dec 200002,08126.889.12$18,984
Nov 200002,34332.215.66$13,257
Oct 200001,77731.235.15$9,144
Sep 200001,70731.875.19$8,853
Aug 200001,99829.644.54$9,072
Jul 200001,87928.534.09$7,685
Jun 200002,12129.304.40$9,327
May 200002,49527.263.68$9,181
Apr 200003,65624.513.12$11,392
Mar 200004,47528.422.86$12,797
Feb 200005,72227.622.73$15,601
Jan 200004,74225.272.48$11,763
Dec 199904,83424.282.42$11,716
Nov 199905,07623.192.43$12,355
Oct 199904,37920.982.80$12,277
Sep 199904,53321.752.62$11,871
Aug 199905,02919.262.88$14,461
Jul 199904,47517.892.37$10,616
Jun 199904,51415.942.36$10,663
May 199905,21015.792.32$12,093
Apr 1999505,37415.102.21$12,621
Mar 199905,33512.471.84$9,807
Feb 199905,7089.981.82$10,376
Jan 199907,58710.381.90$14,415
Dec 199809,6979.201.77$17,196
Nov 199805,64310.892.19$12,334
Oct 199806,77112.421.97$13,334
Sep 199808,59912.592.08$17,908
Aug 1998013,99611.301.91$26,695
Jul 199802,49711.742.24$5,586
Jun 199802,28611.242.24$5,114
May 199802,59912.622.21$5,734
Apr 199803,04613.042.51$7,631
Mar 199801,39312.802.31$3,217
Feb 19981582,48813.952.30$7,924
Jan 199803,04614.702.15$6,563
Dec 199703,95516.322.41$9,536
Nov 19971557,10918.193.09$24,774
Oct 1997011,84119.253.15$37,297
Sep 199702,34017.742.95$6,914
Aug 199702,10717.862.55$5,383
Jul 19971062,40317.582.25$7,263
Jun 199702,32817.242.26$5,255
May 199712,44418.972.31$5,661
Apr 199702,48217.882.08$5,169
Mar 199702,67318.951.94$5,183
Feb 199702,52320.492.21$5,565
Jan 1997472,86523.483.54$11,245
Dec 199602,94423.32$0
Nov 199603,02021.97$0
Oct 199603,51823.31$0
Sep 1996763,40622.22$1,689
Aug 199603,51320.26$0
Jul 199604,19319.55$0
Jun 199605,00818.73$0
May 199618,46719.43$19
Apr 1996747,23421.51$1,592
Mar 199626,44819.38$39
Feb 199628,21416.98$34
Jan 1996604,91417.07$1,024
Dec 199505,04517.19$0
Nov 199507,09016.00$0
Oct 19951137,45615.43$1,744
Sep 199504,54516.18$0
Aug 199507,31215.92$0
Jul 199509,71915.24$0
Jun 1995976,39316.41$1,592
May 199505,43517.56$0
Apr 199527,97817.73$35
Mar 199509,24916.44$0
Feb 1995806,85516.58$1,326
Jan 199509,48615.92$0
Dec 1994010,76215.03$0
Nov 199411511,48915.90$1,829
Oct 1994014,19515.58$0
Sep 1994018,44615.29$0
Aug 1994254,53016.13$403
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19935015.46$77
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 199301,17816.93$0

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.05 =         $0
Gas                  318 Mcf  × $  4.86 =     $1,545

────────────────────────────────────────────────────
Month total                                   $1,545

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/124654 is the state's own key, not one this site invented.