LETOURNEAU GU 2

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 134317District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 Gas111991-10-15124219
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
GasProduction1,122,961 Mcf$3,184,153
Total$3,184,153

368,687 Mcf of this lease's gas, across 45 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 32.3968, -94.5894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39676, -94.58941 · 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
10,625 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 10,625 ft.

Completions filed
Mar 1990
1 of 1 wells

1 well

42-20331856310,625 ftMar 1990

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 2026456106.413.05$1,389
Apr 202685398.932.87$2,448
Mar 20263189.753.15$98
Feb 202635263.503.75$1,320
Jan 202638859.138.00$3,103
Dec 202539556.664.41$1,743
Nov 202539458.593.93$1,547
Oct 202539559.383.30$1,305
Sep 202538562.743.08$1,185
Aug 202547263.933.01$1,423
Jul 202546466.743.32$1,538
Jun 202546466.483.13$1,452
May 202546660.553.23$1,506
Apr 202544662.363.54$1,580
Mar 202545767.704.27$1,951
Feb 202541470.884.34$1,797
Jan 202545174.324.28$1,930
Dec 202444968.993.12$1,402
Nov 202445269.052.20$994
Oct 202449871.372.28$1,136
Sep 202448869.612.36$1,154
Aug 202451375.632.06$1,059
Jul 202451379.932.15$1,101
Jun 202448078.082.63$1,264
May 202450378.812.20$1,106
Apr 202448984.451.66$811
Mar 202451080.301.55$788
Feb 202447476.091.78$845
Jan 202450973.023.30$1,679
Dec 202351271.262.61$1,337
Nov 202350277.892.81$1,409
Oct 202353485.443.09$1,649
Sep 202352789.042.74$1,441
Aug 202361180.522.67$1,633
Jul 202354574.852.64$1,440
Jun 202350968.962.26$1,150
May 202352270.622.23$1,163
Apr 202349678.122.24$1,110
Mar 202351372.852.39$1,228
Feb 202346875.112.47$1,154
Jan 202350176.533.39$1,697
Dec 202249476.415.73$2,830
Nov 202250285.005.65$2,834
Oct 202253287.185.86$3,120
Sep 202251584.888.16$4,204
Aug 202252794.529.13$4,810
Jul 2022502101.587.54$3,786
Jun 2022496115.097.98$3,957
May 2022499109.378.43$4,208
Apr 2022509104.226.84$3,480
Mar 2022539108.885.08$2,736
Feb 202247591.054.86$2,308
Jan 202253281.844.54$2,414
Dec 202152071.323.90$2,028
Nov 202151477.435.24$2,692
Oct 202156379.795.71$3,217
Sep 202157569.865.35$3,077
Aug 202159466.024.22$2,507
Jul 202160170.783.98$2,393
Jun 202157869.493.38$1,954
May 202161163.483.02$1,844
Apr 202160760.362.76$1,674
Mar 202163761.302.72$1,731
Feb 202160057.805.55$3,329
Jan 202156950.412.81$1,599
Dec 202067644.642.68$1,809
Nov 20201,81638.772.71$4,915
Oct 2020236.972.48$5
Sep 2020237.091.99$4
Aug 2020439.982.39$10
Jul 202021038.371.83$383
Jun 202046134.901.69$779
May 202047316.921.81$858
Apr 202045714.751.80$825
Mar 202046230.341.86$858
Feb 202053849.881.98$1,066
Jan 202058857.252.09$1,232
Dec 201960859.012.30$1,401
Nov 201957855.302.75$1,590
Oct 201961353.472.42$1,483
Sep 201966055.052.66$1,754
Aug 201966653.112.30$1,535
Jul 201965856.272.46$1,619
Jun 201963652.782.49$1,584
May 201966458.482.74$1,820
Apr 201965862.632.75$1,810
Mar 201969556.803.06$2,128
Feb 201963050.852.79$1,759
Jan 201968546.033.23$2,211
Dec 201868646.594.19$2,871
Nov 201867152.934.24$2,843
Oct 201868361.443.40$2,321
Sep 201866859.543.11$2,076
Aug 201870559.403.07$2,162
Jul 201870265.142.93$2,058
Jun 201867760.183.08$2,083
May 201870165.382.90$2,033
Apr 201868663.842.90$1,990
Mar 201871061.222.79$1,979
Feb 201863761.782.77$1,762
Jan 201867862.874.01$2,718
Dec 201767057.272.92$1,957
Nov 201765255.423.12$2,033
Oct 201772049.292.98$2,148
Sep 201772847.523.09$2,248
Aug 201797745.373.00$2,935
Jul 201757043.873.09$1,760
Jun 201767042.493.09$2,068
May 201770045.373.26$2,284
Apr 201780047.933.21$2,569
Mar 201787646.772.98$2,614
Feb 201756150.452.95$1,656
Jan 201760549.413.42$2,068
Dec 201663148.763.72$2,349
Nov 201662842.492.64$1,661
Oct 201673746.193.09$2,278
Sep 201670241.553.10$2,177
Aug 201672241.442.92$2,111
Jul 201672141.622.92$2,108
Jun 201670245.352.69$1,885
May 201673942.521.99$1,471
Apr 201671436.561.99$1,422
Mar 201675133.011.79$1,347
Feb 201667126.472.06$1,385
Jan 201673527.352.36$1,738
Dec 201576232.362.00$1,525
Nov 201575638.792.17$1,639
Oct 201595043.552.43$2,305
Sep 20151,24242.992.76$3,426
Aug 201540340.162.87$1,158
Jul 20151,27248.152.95$3,746
Jun 2015056.152.88$0
May 201592555.212.96$2,734
Apr 20151,35249.822.71$3,659
Mar 20151,53342.892.93$4,499
Feb 20151,43544.662.98$4,271
Jan 20151,83443.433.10$5,687
Dec 20141,93454.693.59$6,946
Nov 20142,05570.464.25$8,738
Oct 20141,76678.303.90$6,889
Sep 201471486.164.05$2,888
Aug 201484489.394.04$3,406
Jul 201492196.564.18$3,849
Jun 20141,19498.164.74$5,656
May 20141,74394.734.73$8,238
Apr 201487495.944.81$4,203
Mar 201468195.895.06$3,444
Feb 201471397.406.19$4,415
Jan 201480090.404.86$3,889
Dec 201380891.824.35$3,518
Nov 201376488.853.74$2,856
Oct 201373897.423.78$2,789
Sep 2013714104.113.72$2,654
Aug 2013703104.253.52$2,476
Jul 2013686102.523.72$2,550
Jun 201376194.403.93$2,993
May 201382994.834.15$3,440
Apr 201380893.964.28$3,460
Mar 201382493.623.91$3,224
Feb 201379491.233.42$2,715
Jan 201390691.603.42$3,098
Dec 201293186.773.42$3,184
Nov 201290186.953.62$3,266
Oct 201296889.383.40$3,291
Sep 201294994.672.92$2,770
Aug 201298292.662.91$2,856
Jul 201298485.133.02$2,972
Jun 201296379.822.52$2,426
May 20121,00491.612.49$2,498
Apr 2012975101.652.00$1,947
Mar 20121,009105.052.22$2,242
Feb 2012959101.102.57$2,465
Jan 201299198.092.73$2,709
Dec 201198696.873.24$3,194
Nov 201194895.723.31$3,139
Oct 201196984.983.65$3,535
Sep 201192683.623.99$3,691
Aug 201194783.404.15$3,929
Jul 201194494.144.52$4,264
Jun 201191092.904.64$4,222
May 201197698.134.40$4,299
Apr 2011947105.964.33$4,104
Mar 201199296.364.06$4,025
Feb 201191985.644.18$3,841
Jan 20111,02786.504.59$4,713
Dec 20101,03185.734.35$4,483
Nov 20101,00280.843.80$3,803
Oct 20101,01578.103.51$3,562
Sep 201092872.633.98$3,693
Aug 201095873.684.42$4,234
Jul 20101,08872.554.74$5,153
Jun 20101,06770.364.91$5,239
May 20101,10471.124.24$4,676
Apr 20101,09881.694.12$4,527
Mar 20101,16478.394.39$5,108
Feb 20101,06573.585.44$5,796
Jan 20101,20274.365.96$7,169
Dec 20091,23671.445.48$6,778
Nov 20091,24974.593.75$4,686
Oct 20091,29972.544.11$5,339
Sep 20091,15165.543.06$3,528
Aug 20091,16767.423.22$3,756
Jul 20091,20361.133.46$4,168
Jun 20091,14666.163.90$4,464
May 20091,16754.743.93$4,581
Apr 20091,00046.773.59$3,588
Mar 20091,04842.144.06$4,254
Feb 200996132.814.63$4,452
Jan 20091,07435.865.37$5,768
Dec 20081,18237.105.98$7,065
Nov 20081,22655.496.86$8,411
Oct 20081,25375.246.92$8,673
Sep 20081,270101.767.88$10,004
Aug 20081,376114.228.48$11,673
Jul 20081,448131.0811.39$16,492
Jun 20081,771131.3313.03$23,081
May 20081,567123.1711.57$18,137
Apr 20081,299110.3110.45$13,581
Mar 20081,839101.909.66$17,772
Feb 20081,02392.538.77$8,972
Jan 20081,41790.388.21$11,628
Dec 20071,74288.337.30$12,720
Nov 20071,35291.677.29$9,858
Oct 20071,32782.856.92$9,185
Sep 20076,24375.846.24$38,982
Aug 20074,48469.066.39$28,644
Jul 20074,15870.906.39$26,561
Jun 20074,37862.007.55$33,047
May 20073,73158.747.85$29,274
Apr 20073,81959.617.81$29,808
Mar 20074,67956.927.30$34,166
Feb 20074,14355.108.22$34,039
Jan 20074,14850.306.73$27,903
Dec 20062,50756.656.92$17,345
Nov 20062,00954.207.62$15,304
Oct 20062,22354.906.01$13,369
Sep 20061,88760.085.04$9,505
Aug 20061,82268.717.34$13,373
Jul 20061,52669.376.34$9,679
Jun 20062,03966.286.38$13,017
May 20062,24066.016.42$14,392
Apr 20061,77964.397.36$13,094
Mar 20062,34556.707.08$16,609
Feb 20062,21257.597.75$17,145
Jan 20062,07160.598.93$18,501
Dec 20052,13554.9413.42$28,642
Nov 20052,29954.6910.59$24,343
Oct 20052,14858.3413.80$29,633
Sep 20051,96561.4512.08$23,735
Aug 20051,98961.519.80$19,486
Jul 20054,74955.697.84$37,249
Jun 20053,59952.337.38$26,564
May 20054,25245.226.65$28,281
Apr 20053,47449.207.36$25,570
Mar 20054,14150.377.15$29,628
Feb 20053,68045.226.31$23,228
Jan 20051,76443.166.32$11,152
Dec 20042,30139.866.75$15,534
Nov 20043,71845.286.33$23,537
Oct 20041,85749.706.52$12,099
Sep 20041,92443.245.28$10,166
Aug 20042,85842.375.55$15,864
Jul 20043,77538.286.08$22,968
Jun 20043,11136.106.43$20,013
May 20042,26737.486.49$14,723
Apr 20041,81534.475.86$10,633
Mar 20043,46734.365.53$19,173
Feb 20043,70532.455.51$20,413
Jan 20042,75732.036.30$17,368
Dec 20033,91130.266.30$24,646
Nov 20033,59028.804.60$16,497
Oct 20034,64628.174.76$22,113
Sep 20034,87526.314.75$23,153
Aug 20034,38629.765.13$22,499
Jul 20035,03929.415.17$26,056
Jun 20034,98228.565.98$29,807
May 20035,70326.595.97$34,062
Apr 20035,75026.675.41$31,092
Mar 20032,80631.146.10$17,105
Feb 20033,53933.487.93$28,050
Jan 20035,26230.315.58$29,373
Dec 20023,56826.914.85$17,318
Nov 20024,29724.664.14$17,777
Oct 20025,14526.464.23$21,759
Sep 20024,41027.443.64$16,031
Aug 20025,37125.963.16$16,995
Jul 20025,14624.583.06$15,756
Jun 20026,00423.733.34$20,043
May 20024,23124.663.58$15,164
Apr 20024,97923.653.51$17,488
Mar 20025,68022.003.10$17,623
Feb 20024,70118.222.38$11,168
Jan 20025,02017.172.38$11,926
Dec 20015,96516.932.36$14,104
Nov 20014,22518.072.41$10,163
Oct 20015,14519.782.53$13,011
Sep 20015,42124.262.25$12,204
Aug 20015,60924.873.05$17,125
Jul 20016,36123.933.20$20,337
Jun 20015,07724.563.82$19,415
May 20015,99525.524.31$25,822
Apr 20014,11224.685.34$21,939
Mar 20015,10624.545.38$27,452
Feb 20013,08127.755.77$17,768
Jan 20013,61927.478.40$30,395
Dec 20003,57126.889.12$32,576
Nov 20005,58332.215.66$31,589
Oct 20005,86731.235.15$30,189
Sep 20006,30131.875.19$32,680
Aug 20006,05629.644.54$27,499
Jul 20005,58428.534.09$22,837
Jun 20005,57429.304.40$24,510
May 20005,14627.263.68$18,936
Apr 20005,91624.513.12$18,434
Mar 20006,52728.422.86$18,666
Feb 20006,17427.622.73$16,833
Jan 20007,00125.272.48$17,366
Dec 19996,91224.282.42$16,753
Nov 19996,92823.192.43$16,863
Oct 19996,55220.982.80$18,370
Sep 19996,59821.752.62$17,279
Aug 19996,64219.262.88$19,100
Jul 19997,38217.892.37$17,513
Jun 19995,91815.942.36$13,979
May 19997,65615.792.32$17,770
Apr 19997,95615.102.21$17,567
Mar 19998,65912.471.84$15,918
Feb 19997,7429.981.82$14,073
Jan 19999,68310.381.90$18,397
Dec 19989,9389.201.77$17,623
Nov 199810,00810.892.19$21,875
Oct 199811,45812.421.97$22,563
Sep 199812,06912.592.08$25,135
Aug 199811,22511.301.91$21,410
Jul 19984,82711.742.24$10,799
Jun 19982,51711.242.24$5,631
May 19982,61712.622.21$5,774
Apr 19982,57713.042.51$6,456
Mar 19982,71112.802.31$6,261
Feb 19982,47813.952.30$5,697
Jan 19982,82114.702.15$6,079
Dec 19972,74516.322.41$6,618
Nov 19972,64918.193.09$8,181
Oct 19972,85519.253.15$8,993
Sep 19972,80617.742.95$8,291
Aug 19973,00117.862.55$7,667
Jul 19973,12517.582.25$7,022
Jun 19971,97917.242.26$4,467
May 199783518.972.31$1,928
Apr 19973,42417.882.08$7,131
Mar 19974,57518.951.94$8,872
Feb 19977,26920.492.21$16,035
Jan 19971,10923.483.54$3,926
Dec 19967623.32$0
Nov 1996021.97$0
Oct 19968523.31$0
Sep 19962522.22$0
Aug 1996020.26$0
Jul 19961,75219.55$0
Jun 1996018.73$0
May 199667919.43$0
Apr 19961,33521.51$0
Mar 19962,30919.38$0
Feb 19962,44516.98$0
Jan 19963,48517.07$0
Dec 19954,67617.19$0
Nov 19953,91016.00$0
Oct 19951,74215.43$0
Sep 199549416.18$0
Aug 19951,40115.92$0
Jul 19954,06915.24$0
Jun 199589916.41$0
May 19954,24117.56$0
Apr 19954,36217.73$0
Mar 19954,65016.44$0
Feb 199526,17816.58$0
Jan 199516,68015.92$0
Dec 199421,40515.03$0
Nov 199413,81415.90$0
Oct 199414,13315.58$0
Sep 199412,92115.29$0
Aug 199411,69216.13$0
Jul 199411,10517.56$0
Jun 199410,56517.09$0
May 19945,39215.88$0
Apr 19948,74014.14$0
Mar 19947,76712.46$0
Feb 19947,57812.50$0
Jan 199412,14112.66$0
Dec 199314,29812.33$0
Nov 199310,97014.49$0
Oct 199311,69115.85$0
Sep 19939,87515.03$0
Aug 199310,75615.66$0
Jul 199314,60415.46$0
Jun 199312,76216.79$0
May 199312,94017.68$0
Apr 199313,24818.05$0
Mar 199310,27118.14$0
Feb 199310,50617.90$0
Jan 199314,02016.93$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.

May 2026 — as filed, then multipliedworked
Gas                  456 Mcf  × $  3.05 =     $1,389

────────────────────────────────────────────────────
Month total                                   $1,389

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/134317 is the state's own key, not one this site invented.