WALDROP "A"

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

Gas lease lease 135736District 06Field 52239667NGPA filingCondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 59 leases and 59 wells, and the rule below applies to all of them.

Discovered
1994-03-21
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 80 acres. The field rule took effect on 1999-05-25.

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
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
CondensateDisposition18,578 bbl$478,003
GasProduction1,024,297 Mcf$2,135,217
Total$2,613,220

496,058 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 32.8758, -94.5638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87583, -94.56376 · 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
0.0%
0 of 1 wells
Median depth
8,100 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
1100.0%
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.
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 8,100 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-3153076928,100 ftJan 2013Yes

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 (273)

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

273 months

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 201340091.233.42$3,649
Jan 20137791.603.42$665
Dec 201219216586.773.42$17,224
Nov 201202886.953.62$102
Oct 201201089.383.40$34
Sep 20120994.672.92$26
Aug 201201492.662.91$41
Jul 201203285.133.02$97
Jun 201201379.822.52$33
May 2012049791.612.49$1,237
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 201101784.983.65$62
Sep 20110083.623.99$0
Aug 201106683.404.15$274
Jul 201118694.144.52$483
Jun 201102092.904.64$93
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 20091174.593.75$78
Oct 2009024972.544.11$1,023
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090161.133.46$3
Jun 20090066.163.90$0
May 200901454.743.93$55
Apr 20091783446.773.59$8,447
Mar 200905842.144.06$235
Feb 20090032.814.63$0
Jan 200905235.865.37$279
Dec 200802237.105.98$132
Nov 200802855.496.86$192
Oct 20081859175.246.92$14,549
Sep 20081805101.767.88$6,443
Aug 200801,098114.228.48$9,314
Jul 20080897131.0811.39$10,216
Jun 20081881,048131.3313.03$38,348
May 20080886123.1711.57$10,255
Apr 20080566110.3110.45$5,917
Mar 20080808101.909.66$7,809
Feb 2008070492.538.77$6,174
Jan 200819610490.388.21$18,568
Dec 2007039188.337.30$2,855
Nov 200701,37391.677.29$10,012
Oct 200711,84982.856.92$12,882
Sep 20071871,95575.846.24$26,389
Aug 200701,60969.066.39$10,278
Jul 200771,83870.906.39$12,237
Jun 200702,14962.007.55$16,222
May 200702,00758.747.85$15,747
Apr 20071982,07459.617.81$27,991
Mar 2007123,02156.927.30$22,742
Feb 200702,55055.108.22$20,951
Jan 20071984,12550.306.73$37,708
Dec 200604,74156.656.92$32,800
Nov 200613,97654.207.62$30,341
Oct 200603,99854.906.01$24,043
Sep 20061844,03860.085.04$31,395
Aug 200604,24968.717.34$31,187
Jul 200603,03569.376.34$19,250
Jun 20061833,71866.286.38$35,865
May 200604,23166.016.42$27,184
Apr 200604,66964.397.36$34,366
Mar 20061022,38256.707.08$22,655
Feb 20061157.597.75$65
Jan 20061181,72960.598.93$22,595
Dec 200501,05854.9413.42$14,193
Nov 200501,65754.6910.59$17,545
Oct 20051751,71258.3413.80$33,828
Sep 200501,82661.4512.08$22,056
Aug 200502,37261.519.80$23,238
Jul 20051393,33655.697.84$33,907
Jun 2005088252.337.38$6,510
May 200502045.226.65$133
Apr 2005090149.207.36$6,632
Mar 2005941,31850.377.15$14,165
Feb 200501,43845.226.31$9,077
Jan 200501,53143.166.32$9,679
Dec 20041201,81839.866.75$17,057
Nov 200401,85245.286.33$11,724
Oct 2004851,69649.706.52$15,274
Sep 200401,90143.245.28$10,045
Aug 200402,38942.375.55$13,261
Jul 2004872,52238.286.08$18,675
Jun 200412,71236.106.43$17,482
May 2004972,38637.486.49$19,132
Apr 200412,50734.475.86$14,722
Mar 20041123,00034.365.53$20,439
Feb 200403,13432.455.51$17,267
Jan 2004803,01632.036.30$21,562
Dec 200302,63330.266.30$16,592
Nov 20032252828.804.60$3,060
Oct 200310139828.174.76$4,740
Sep 200303,05326.314.75$14,500
Aug 2003694,86529.765.13$27,010
Jul 200302,98029.415.17$15,409
Jun 2003422,90328.565.98$18,568
May 200302,73626.595.97$16,341
Apr 2003412,60626.675.41$15,185
Mar 200303,11331.146.10$18,977
Feb 2003443,07533.487.93$25,845
Jan 200303,73130.315.58$20,827
Dec 2002443,30626.914.85$17,231
Nov 2002964,91024.664.14$22,680
Oct 20021366,13726.464.23$29,553
Sep 200202,05527.443.64$7,470
Aug 200202,36625.963.16$7,486
Jul 200203,03324.583.06$9,286
Jun 20021204,88223.733.34$19,145
May 200203,98324.663.58$14,275
Apr 20021114,43323.653.51$18,195
Mar 20021124,50022.003.10$16,426
Feb 200204,92618.222.38$11,703
Jan 20021205,23117.172.38$14,488
Dec 20011154,55616.932.36$12,719
Nov 200174,57718.072.41$11,137
Oct 20011004,37419.782.53$13,039
Sep 200124,46024.262.25$10,089
Aug 20011044,01524.873.05$14,845
Jul 200101,92523.933.20$6,154
Jun 20016489624.563.82$4,998
May 200102,25825.524.31$9,726
Apr 2001682,64724.685.34$15,801
Mar 2001105,92824.545.38$32,117
Feb 2001613,01527.755.77$19,081
Jan 2001763,56327.478.40$32,013
Dec 200032,51426.889.12$23,015
Nov 2000432,79932.215.66$17,222
Oct 2000882,62931.235.15$16,276
Sep 200012,82131.875.19$14,663
Aug 2000772,76529.644.54$14,837
Jul 2000663,72428.534.09$17,113
Jun 2000573,68729.304.40$17,883
May 200001,77827.263.68$6,543
Apr 2000544,26424.513.12$14,610
Mar 2000634,71328.422.86$15,268
Feb 2000634,63127.622.73$14,366
Jan 20001365,75125.272.48$17,702
Dec 19991356,12024.282.42$18,111
Nov 1999105,99723.192.43$14,829
Oct 19991335,40020.982.80$17,930
Sep 19991216,20521.752.62$18,882
Aug 19991756,50519.262.88$22,076
Jul 199906,97717.892.37$16,552
Jun 199930613,29715.942.36$36,286
May 1999210,84915.792.32$25,212
Apr 19991875,54915.102.21$15,076
Mar 199926,02212.471.84$11,095
Feb 19991995,5279.981.82$12,033
Jan 19991936,74310.381.90$14,815
Dec 199866,0679.201.77$10,814
Nov 19981996,49010.892.19$16,352
Oct 199826,42812.421.97$12,683
Sep 19981856,07412.592.08$14,979
Aug 199866,91011.301.91$13,248
Jul 19981936,26511.742.24$16,282
Jun 19981706,47111.242.24$16,388
May 199846,65912.622.21$14,743
Apr 19981836,37513.042.51$18,358
Mar 19981806,59812.802.31$17,542
Feb 1998174,98713.952.30$11,703
Jan 19982096,67614.702.15$17,458
Dec 1997135,64316.322.41$13,818
Nov 19971956,07718.193.09$22,314
Oct 199716,71119.253.15$21,158
Sep 19971915,23017.742.95$18,842
Aug 199746,78017.862.55$17,393
Jul 19971867,63017.582.25$20,414
Jun 19972166,74617.242.26$18,951
May 199707,17118.972.31$16,554
Apr 19971897,04517.882.08$18,053
Mar 19972106,31118.951.94$16,217
Feb 1997256,80120.492.21$15,515
Jan 19971967,10823.483.54$29,762
Dec 1996107,44923.32$233
Nov 19961937,18621.97$4,240
Oct 19961947,97723.31$4,522
Sep 199667,85022.22$133
Aug 19961887,84820.26$3,809
Jul 19961888,36619.55$3,675
Jun 19962008,03718.73$3,746
May 1996217,49819.43$408
Apr 19962108,27021.51$4,517
Mar 19961917,57019.38$3,702
Feb 1996377,45216.98$628
Jan 19961937,95017.07$3,295
Dec 19952149,15017.19$3,679
Nov 1995118,48716.00$176
Oct 19952048,98515.43$3,148
Sep 19951929,17216.18$3,107
Aug 19952039,40115.92$3,232
Jul 19951869,98515.24$2,835
Jun 199527810,33516.41$4,562
May 19952087,94817.56$3,652
Apr 1995128,95817.73$213
Mar 19952009,01916.44$3,288
Feb 19952289,01316.58$3,780
Jan 199520010,43715.92$3,184
Dec 199418810,34915.03$2,826
Nov 199418710,60215.90$2,973
Oct 199422410,76415.58$3,490
Sep 199421010,12215.29$3,211
Aug 19941949,77816.13$3,129
Jul 19941410,61617.56$246
Jun 199416411,42417.09$2,803
May 199418112,51815.88$2,874
Apr 199438510,72414.14$5,444
Mar 19941110,85312.46$137
Feb 199439110,81912.50$4,888
Jan 199420212,13712.66$2,557
Dec 199319612,65512.33$2,417
Nov 199320212,22314.49$2,927
Oct 199318813,05615.85$2,980
Sep 199319511,81115.03$2,931
Aug 199319611,97615.66$3,069
Jul 199318714,03815.46$2,891
Jun 199318813,74616.79$3,157
May 199338414,39417.68$6,789
Apr 199319313,75118.05$3,484
Mar 199320514,51518.14$3,719
Feb 199338713,57717.90$6,927
Jan 199320815,26716.93$3,521

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 2013 — as filed, then multipliedworked
Condensate            40 bbl  × $ 91.23 =     $3,649
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,649

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/135736 is the state's own key, not one this site invented.