DOWNER

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

Gas lease lease 145172District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$353 k
Jan 1993 – Feb 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111993-07-08126614
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
CondensateDisposition5,770 bbl$100,830
GasProduction364,661 Mcf$251,896
Total$352,726

261,735 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 32.4697, -94.1366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46975, -94.13662 · 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
9,630 ft
1 wells filed one
Completion to plug
10.9 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 9,630 ft.

Completions filed
Dec 1992
1 of 1 wells
Plug dates filed
Nov 2003
1 of 1 wells

Last completion to plug: a median of 10.9 years across the 1 well that filed both dates, with the middle half between 10.9 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033171519,630 ftDec 1992Nov 2003Yes

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 (158)

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

158 months

Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20044032.036.30$128
Dec 20030030.266.30$0
Nov 2003156028.804.60$4,493
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200101224.685.34$64
Mar 200101424.545.38$75
Feb 20010027.755.77$0
Jan 200101,08227.478.40$9,087
Dec 20000026.889.12$0
Nov 2000010132.215.66$571
Oct 200017614631.235.15$6,248
Sep 200004631.875.19$239
Aug 2000016829.644.54$763
Jul 2000011628.534.09$474
Jun 200009429.304.40$413
May 200004727.263.68$173
Apr 20000024.513.12$0
Mar 200005628.422.86$160
Feb 200001,82327.622.73$4,970
Jan 200002,07525.272.48$5,147
Dec 19991852,00324.282.42$9,347
Nov 199902,06323.192.43$5,021
Oct 199902,05920.982.80$5,773
Sep 199902,31021.752.62$6,050
Aug 199901,02919.262.88$2,959
Jul 19991731,89217.892.37$7,583
Jun 199902,11815.942.36$5,003
May 199902,33615.792.32$5,422
Apr 199902,29515.102.21$5,067
Mar 199902,24612.471.84$4,129
Feb 19991532,0479.981.82$5,248
Jan 199902,52010.381.90$4,788
Dec 199802,3339.201.77$4,137
Nov 199802,39110.892.19$5,226
Oct 199802,54412.421.97$5,010
Sep 199802,27512.592.08$4,738
Aug 19981432,91711.301.91$7,180
Jul 199802,94411.742.24$6,587
Jun 199802,89311.242.24$6,472
May 19981603,37112.622.21$9,457
Apr 199803,21213.042.51$8,047
Mar 199802,92212.802.31$6,748
Feb 199802,39613.952.30$5,509
Jan 19981733,00514.702.15$9,018
Dec 199703,09116.322.41$7,453
Nov 19971783,19918.193.09$13,117
Oct 199703,18819.253.15$10,042
Sep 199703,24217.742.95$9,580
Aug 199703,10617.862.55$7,935
Jul 199702,97017.582.25$6,673
Jun 19971633,29217.242.26$10,241
May 199703,32818.972.31$7,683
Apr 199703,18917.882.08$6,642
Mar 199703,79218.951.94$7,353
Feb 19971793,26220.492.21$10,863
Jan 199703,36623.483.54$11,915
Dec 199603,29223.32$0
Nov 19961733,69321.97$3,801
Oct 199603,86923.31$0
Sep 199603,79422.22$0
Aug 199604,13020.26$0
Jul 19961783,59019.55$3,480
Jun 199603,67118.73$0
May 199603,39919.43$0
Apr 19961773,54321.51$3,807
Mar 199603,45619.38$0
Feb 199603,52116.98$0
Jan 199603,48317.07$0
Dec 19951803,69817.19$3,094
Nov 199503,46116.00$0
Oct 19951753,71015.43$2,700
Sep 199503,75016.18$0
Aug 199503,82515.92$0
Jul 19951784,36115.24$2,713
Jun 199504,11116.41$0
May 199504,39917.56$0
Apr 19951754,38317.73$3,103
Mar 199504,53216.44$0
Feb 199504,17116.58$0
Jan 19951804,87115.92$2,866
Dec 199404,78815.03$0
Nov 199404,72515.90$0
Oct 19941725,08915.58$2,680
Sep 199404,81515.29$0
Aug 199405,13616.13$0
Jul 19941804,85217.56$3,161
Jun 199404,92917.09$0
May 19941865,74315.88$2,954
Apr 199425,70914.14$28
Mar 19941776,29212.46$2,205
Feb 199406,16512.50$0
Jan 19941777,72612.66$2,241
Dec 199306,38012.33$0
Nov 19931726,47014.49$2,492
Oct 199306,91715.85$0
Sep 19931776,74715.03$2,660
Aug 19931779,53915.66$2,772
Jul 19931777,37615.46$2,736
Jun 19931808,69216.79$3,022
May 199317911,53117.68$3,165
Apr 19934747,50718.05$8,556
Mar 1993819,66718.14$1,469
Feb 1993010,26317.90$0
Jan 1993011,96416.93$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.

Jan 2004 — as filed, then multipliedworked
Condensate             4 bbl  × $ 32.03 =       $128
Gas                    0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                     $128

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/145172 is the state's own key, not one this site invented.