WALDROP "A"

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

Gas lease lease 133711District 06Field 522393332 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
345
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 45 leases and 45 wells, and the rule below applies to all of them.

Discovered
1948-07-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2004-02-10.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas221990-06-14 – 1992-01-302 dockets
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
CondensateDisposition10,545 bbl$222,656
GasProduction1,211,998 Mcf$1,909,989
Total$2,132,645

645,011 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 32.8775, -94.5579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87748, -94.55791 · 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
10,735 ft
1 wells filed one
Completion to plug
8.8 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 10,735 ft.

Completions filed
Dec 2012
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31530766110,735 ftDec 2012Sep 2021Yes

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 (345)

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

345 months

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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
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 20180046.594.19$0
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 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
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 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 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
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 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
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 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20061060.598.93$61
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200519958.3413.80$1,233
Sep 2005027761.4512.08$3,346
Aug 2005029461.519.80$2,880
Jul 20053750155.697.84$5,990
Jun 200504952.337.38$362
May 200503245.226.65$213
Apr 2005021849.207.36$1,605
Mar 2005841,60050.377.15$15,679
Feb 200503,31745.226.31$20,937
Jan 2005053343.166.32$3,370
Dec 2004639539.866.75$3,153
Nov 200401,08245.286.33$6,850
Oct 2004952,75349.706.52$22,658
Sep 200401,52543.245.28$8,058
Aug 200402,88242.375.55$15,997
Jul 2004902,84538.286.08$20,755
Jun 200412,64536.106.43$17,051
May 2004812,48937.486.49$19,201
Apr 200411,97634.475.86$11,611
Mar 2004772,58834.365.53$16,958
Feb 200401,83232.455.51$10,094
Jan 20041042,33632.036.30$18,047
Dec 200303,01230.266.30$18,981
Nov 20031594,82828.804.60$26,765
Oct 2003785,54428.174.76$28,585
Sep 200303,14526.314.75$14,937
Aug 20031122,84729.765.13$17,937
Jul 200303,55729.415.17$18,393
Jun 20031394,05528.565.98$28,231
May 200302,83626.595.97$16,939
Apr 20031342,92626.675.41$19,395
Mar 200302,87531.146.10$17,526
Feb 20031392,57833.487.93$25,087
Jan 200303,52930.315.58$19,699
Dec 20021334,29826.914.85$24,440
Nov 2002884,49924.664.14$20,782
Oct 2002431,99526.464.23$9,575
Sep 200202,28027.443.64$8,288
Aug 200202,22525.963.16$7,040
Jul 200202,13224.583.06$6,528
Jun 2002582,39023.733.34$9,355
May 200202,27424.663.58$8,150
Apr 2002763,05223.653.51$12,517
Mar 2002753,03422.003.10$11,064
Feb 200202,63918.222.38$6,269
Jan 2002723,15317.172.38$8,727
Dec 2001662,77116.932.36$7,669
Nov 200152,92918.072.41$7,136
Oct 2001813,53219.782.53$10,534
Sep 200124,54924.262.25$10,290
Aug 2001993,86424.873.05$14,260
Jul 200105,10923.933.20$16,334
Jun 20011114,58224.563.82$20,248
May 200105,74525.524.31$24,746
Apr 20011284,96724.685.34$29,660
Mar 200174,04524.545.38$21,919
Feb 20011195,84827.755.77$37,028
Jan 20011054,97427.478.40$44,660
Dec 200055,27626.889.12$48,265
Nov 20001406,98732.215.66$44,042
Oct 2000967,90631.235.15$43,678
Sep 200037,40531.875.19$38,502
Aug 20001188,45129.644.54$41,871
Jul 20001367,68028.534.09$35,289
Jun 20001187,60329.304.40$36,890
May 200009,53527.263.68$35,086
Apr 20001218,55624.513.12$29,626
Mar 20001278,77828.422.86$28,712
Feb 20001228,27727.622.73$25,937
Jan 2000397,80425.272.48$20,343
Dec 1999467,82724.282.42$20,087
Nov 199908,05923.192.43$19,616
Oct 1999666,70020.982.80$20,170
Sep 1999608,31321.752.62$23,076
Aug 1999138,99119.262.88$26,105
Jul 199908,78717.892.37$20,846
Jun 1999652,91715.942.36$7,926
May 199913,06515.792.32$7,130
Apr 19991948,42715.102.21$21,537
Mar 199908,83312.471.84$16,238
Feb 199928,1059.981.82$14,753
Jan 19991868,62210.381.90$18,312
Dec 199808,7599.201.77$15,533
Nov 199808,53910.892.19$18,664
Oct 19981798,38712.421.97$18,739
Sep 199808,45912.592.08$17,617
Aug 199818,78511.301.91$16,767
Jul 19981777,99811.742.24$19,972
Jun 199808,63511.242.24$19,319
May 199819,09412.622.21$20,077
Apr 19981838,75213.042.51$24,313
Mar 199819,17812.802.31$21,209
Feb 199818,38713.952.30$19,297
Jan 19981849,15314.702.15$22,428
Dec 199749,41216.322.41$22,759
Nov 19971839,12018.193.09$31,494
Oct 199709,57319.253.15$30,153
Sep 199709,57017.742.95$28,278
Aug 19971819,97017.862.55$28,703
Jul 1997010,14017.582.25$22,784
Jun 1997110,22317.242.26$23,093
May 199718710,30218.972.31$27,330
Apr 1997010,25817.882.08$21,365
Mar 199718410,96718.951.94$24,753
Feb 199749,27420.492.21$20,539
Jan 1997010,65223.483.54$37,705
Dec 199619510,95923.32$4,547
Nov 1996010,06321.97$0
Oct 199618610,20823.31$4,336
Sep 1996110,89822.22$22
Aug 1996011,59820.26$0
Jul 199618511,48519.55$3,617
Jun 1996111,22918.73$19
May 199619511,78919.43$3,789
Apr 1996411,56521.51$86
Mar 1996311,87819.38$58
Feb 199619510,72716.98$3,311
Jan 1996111,55017.07$17
Dec 199519511,90117.19$3,352
Nov 1995211,62616.00$32
Oct 199519112,33615.43$2,947
Sep 1995211,58616.18$32
Aug 199518412,14315.92$2,929
Jul 1995012,30215.24$0
Jun 199519611,04016.41$3,216
May 1995512,00917.56$88
Apr 199518512,26517.73$3,280
Mar 1995212,73216.44$33
Feb 199519012,00216.58$3,150
Jan 1995113,49615.92$16
Dec 199418613,70515.03$2,796
Nov 199418711,78015.90$2,973
Oct 199409,55215.58$0
Sep 1994313,27415.29$46
Aug 199418910,84916.13$3,049
Jul 1994113,66617.56$18
Jun 199418513,86417.09$3,162
May 1994013,75515.88$0
Apr 199417714,30614.14$2,503
Mar 1994212,92512.46$25
Feb 199419013,84212.50$2,375
Jan 199418315,42312.66$2,317
Dec 1993215,69112.33$25
Nov 199318615,11814.49$2,695
Oct 1993116,18715.85$16
Sep 199317916,14715.03$2,690
Aug 199318316,90115.66$2,866
Jul 1993017,05215.46$0
Jun 199318418,08216.79$3,089
May 1993119,13017.68$18
Apr 199318818,47818.05$3,393
Mar 199318719,80318.14$3,392
Feb 199320020,15717.90$3,580
Jan 1993115,93716.93$17

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.

Jan 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.59 =        $61
Gas                    0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                      $61

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/133711 is the state's own key, not one this site invented.