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 159039District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$4.4 M
Apr 1996 – May 2026
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
362
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 Gas111996-08-13135209
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
GasProduction1,474,759 Mcf$4,363,077
Total$4,363,077

293,660 Mcf of this lease's gas, across 9 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 32.3998, -94.5939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39980, -94.59392 · 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
10,525 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 10,525 ft.

Completions filed
Apr 1996
1 of 1 wells

1 well

42-20332339610,525 ftApr 1996

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 (362)

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

362 months

May 202614,138106.413.05$43,062
Apr 202613,36998.932.87$38,365
Mar 202618,15889.753.15$57,188
Feb 202617,10063.503.75$64,130
Jan 202610,29759.138.00$82,355
Dec 202531256.664.41$1,377
Nov 20251,29558.593.93$5,085
Oct 20251,39459.383.30$4,607
Sep 20251,48962.743.08$4,582
Aug 20251,51563.933.01$4,567
Jul 20251,44466.743.32$4,787
Jun 20251,58066.483.13$4,943
May 20252,03160.553.23$6,565
Apr 20252,11462.363.54$7,490
Mar 20252,26667.704.27$9,672
Feb 20251,94970.884.34$8,460
Jan 2025074.324.28$0
Dec 20241,58068.993.12$4,932
Nov 202495569.052.20$2,100
Oct 20241,15871.372.28$2,642
Sep 20241,24069.612.36$2,932
Aug 20241,52775.632.06$3,151
Jul 20241,74779.932.15$3,750
Jun 20244,06978.082.63$10,718
May 20244,67778.812.20$10,282
Apr 20246784.451.66$111
Mar 202439080.301.55$603
Feb 202483976.091.78$1,496
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023889.042.74$22
Aug 2023880.522.67$21
Jul 202321674.852.64$571
Jun 202325568.962.26$576
May 202325970.622.23$577
Apr 202325178.122.24$562
Mar 202328172.852.39$672
Feb 202327175.112.47$668
Jan 202326676.533.39$901
Dec 202227976.415.73$1,598
Nov 202228785.005.65$1,620
Oct 202229287.185.86$1,712
Sep 202229484.888.16$2,400
Aug 202230294.529.13$2,756
Jul 2022344101.587.54$2,594
Jun 2022267115.097.98$2,130
May 2022288109.378.43$2,429
Apr 2022292104.226.84$1,997
Mar 2022288108.885.08$1,462
Feb 202226791.054.86$1,297
Jan 202230681.844.54$1,389
Dec 202130171.323.90$1,174
Nov 202129577.435.24$1,545
Oct 202129879.795.71$1,703
Sep 202128569.865.35$1,525
Aug 202130466.024.22$1,283
Jul 202131070.783.98$1,234
Jun 202130369.493.38$1,024
May 202131963.483.02$963
Apr 202131460.362.76$866
Mar 202132361.302.72$878
Feb 202130957.805.55$1,714
Jan 202134150.412.81$958
Dec 202034244.642.68$915
Nov 202032938.772.71$890
Oct 202033736.972.48$835
Sep 202032837.091.99$653
Aug 202034139.982.39$813
Jul 202033938.371.83$619
Jun 202033034.901.69$558
May 202035016.921.81$635
Apr 202033814.751.80$610
Mar 202034930.341.86$648
Feb 202034249.881.98$677
Jan 202036457.252.09$762
Dec 201935559.012.30$818
Nov 201936155.302.75$993
Oct 201932553.472.42$786
Sep 201925155.052.66$667
Aug 201931253.112.30$719
Jul 201928156.272.46$691
Jun 201937852.782.49$942
May 201936958.482.74$1,011
Apr 201937062.632.75$1,018
Mar 201938856.803.06$1,188
Feb 201935850.852.79$1,000
Jan 201939346.033.23$1,269
Dec 201840646.594.19$1,699
Nov 201839852.934.24$1,686
Oct 201840261.443.40$1,366
Sep 201839959.543.11$1,240
Aug 201839459.403.07$1,208
Jul 201838465.142.93$1,126
Jun 201834660.183.08$1,065
May 201842265.382.90$1,224
Apr 201838963.842.90$1,128
Mar 201833661.222.79$936
Feb 201834261.782.77$946
Jan 201839262.874.01$1,572
Dec 201723457.272.92$684
Nov 201733755.423.12$1,051
Oct 201734249.292.98$1,020
Sep 201733747.523.09$1,040
Aug 201760945.373.00$1,830
Jul 201796843.873.09$2,988
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 20178446.772.98$251
Feb 201733350.452.95$983
Jan 201735449.413.42$1,210
Dec 201639348.763.72$1,463
Nov 201634442.492.64$910
Oct 201645646.193.09$1,409
Sep 201636841.553.10$1,141
Aug 201638941.442.92$1,138
Jul 201638041.622.92$1,111
Jun 201639745.352.69$1,066
May 201638642.521.99$769
Apr 201631836.561.99$633
Mar 201638333.011.79$687
Feb 201633726.472.06$695
Jan 201636327.352.36$858
Dec 201541032.362.00$821
Nov 201556938.792.17$1,233
Oct 201569543.552.43$1,686
Sep 201599842.992.76$2,753
Aug 201590840.162.87$2,608
Jul 201597448.152.95$2,869
Jun 2015056.152.88$0
May 201584855.212.96$2,506
Apr 201566049.822.71$1,786
Mar 201573742.892.93$2,163
Feb 201572244.662.98$2,149
Jan 201584843.433.10$2,629
Dec 201475454.693.59$2,708
Nov 201482770.464.25$3,516
Oct 201495278.303.90$3,714
Sep 20141,34186.164.05$5,425
Aug 20142,90889.394.04$11,734
Jul 201479996.564.18$3,340
Jun 201465198.164.74$3,084
May 201487794.734.73$4,145
Apr 20142,09995.944.81$10,094
Mar 201483195.895.06$4,202
Feb 201472997.406.19$4,514
Jan 201485590.404.86$4,156
Dec 201387091.824.35$3,788
Nov 201388888.853.74$3,320
Oct 201395797.423.78$3,617
Sep 20131,247104.113.72$4,636
Aug 20131,279104.253.52$4,505
Jul 20131,939102.523.72$7,209
Jun 20132,81694.403.93$11,076
May 20132,76894.834.15$11,485
Apr 20133,46193.964.28$14,822
Mar 20131,77393.623.91$6,938
Feb 20132,97391.233.42$10,167
Jan 20131,34091.603.42$4,583
Dec 20121,58086.773.42$5,404
Nov 20122,95086.953.62$10,694
Oct 20121,79789.383.40$6,109
Sep 20121,55294.672.92$4,529
Aug 201298892.662.91$2,873
Jul 20122,32085.133.02$7,008
Jun 20121,88879.822.52$4,756
May 20122,27491.612.49$5,658
Apr 20122,777101.652.00$5,545
Mar 20122,953105.052.22$6,562
Feb 20123,568101.102.57$9,171
Jan 20121,82798.092.73$4,995
Dec 20113,08596.873.24$9,995
Nov 20112,80295.723.31$9,278
Oct 20113,07884.983.65$11,230
Sep 20111,18983.623.99$4,739
Aug 20112,66383.404.15$11,050
Jul 20112,10794.144.52$9,518
Jun 201193492.904.64$4,334
May 201127698.134.40$1,216
Apr 2011834105.964.33$3,614
Mar 201182596.364.06$3,347
Feb 201174685.644.18$3,118
Jan 201184186.504.59$3,859
Dec 201034785.734.35$1,509
Nov 20101,93580.843.80$7,344
Oct 20102,53778.103.51$8,902
Sep 201069872.633.98$2,778
Aug 201082073.684.42$3,624
Jul 201086672.554.74$4,102
Jun 201072170.364.91$3,540
May 201077071.124.24$3,261
Apr 201073781.694.12$3,038
Mar 201083778.394.39$3,673
Feb 201072373.585.44$3,935
Jan 201079174.365.96$4,718
Dec 200985571.445.48$4,689
Nov 200990174.593.75$3,380
Oct 200994772.544.11$3,892
Sep 200988465.543.06$2,709
Aug 200994567.423.22$3,041
Jul 200997361.133.46$3,371
Jun 200999266.163.90$3,864
May 20091,04254.743.93$4,091
Apr 200994146.773.59$3,376
Mar 20091,20042.144.06$4,871
Feb 20091,11332.814.63$5,157
Jan 20091,20835.865.37$6,488
Dec 200892937.105.98$5,553
Nov 200897055.496.86$6,655
Oct 20081,12375.246.92$7,773
Sep 20081,209101.767.88$9,523
Aug 20081,202114.228.48$10,197
Jul 20081,505131.0811.39$17,141
Jun 20081,722131.3313.03$22,442
May 20082,000123.1711.57$23,149
Apr 20081,150110.3110.45$12,023
Mar 20081,757101.909.66$16,980
Feb 20082,56392.538.77$22,479
Jan 20083,39890.388.21$27,883
Dec 20072,86388.337.30$20,906
Nov 20071,66591.677.29$12,141
Oct 200727882.856.92$1,924
Sep 20071,14875.846.24$7,168
Aug 20071,26769.066.39$8,094
Jul 20071,28470.906.39$8,202
Jun 20071,41762.007.55$10,696
May 20071,23058.747.85$9,651
Apr 20071,19959.617.81$9,358
Mar 20071,06556.927.30$7,777
Feb 20071,16755.108.22$9,588
Jan 20071,68950.306.73$11,362
Dec 20062,73256.656.92$18,901
Nov 20062,01254.207.62$15,326
Oct 20062,07254.906.01$12,461
Sep 20061,79260.085.04$9,027
Aug 20062,66568.717.34$19,561
Jul 20062,59169.376.34$16,434
Jun 20062,18666.286.38$13,955
May 200698066.016.42$6,297
Apr 20061,65764.397.36$12,196
Mar 20062,54756.707.08$18,040
Feb 20062,98857.597.75$23,160
Jan 20064,69960.598.93$41,978
Dec 20052,83854.9413.42$38,073
Nov 20052,42954.6910.59$25,719
Oct 20052,92358.3413.80$40,325
Sep 20051,75261.4512.08$21,162
Aug 20052,44261.519.80$23,924
Jul 20055,50655.697.84$43,187
Jun 20053,73552.337.38$27,568
May 20053,15445.226.65$20,978
Apr 20052,86149.207.36$21,058
Mar 20053,27150.377.15$23,404
Feb 20054,01245.226.31$25,323
Jan 20054,11843.166.32$26,035
Dec 20045,10939.866.75$34,491
Nov 20041,52745.286.33$9,667
Oct 20041,06349.706.52$6,926
Sep 20042,33743.245.28$12,348
Aug 20043,83342.375.55$21,276
Jul 20042,75638.286.08$16,768
Jun 20043,31036.106.43$21,293
May 20041,87837.486.49$12,197
Apr 20043,08334.475.86$18,062
Mar 20041,79634.365.53$9,932
Feb 20044,87532.455.51$26,859
Jan 20041,79332.036.30$11,295
Dec 20032,56230.266.30$16,145
Nov 20033,23628.804.60$14,870
Oct 20032,45728.174.76$11,694
Sep 20033,29426.314.75$15,644
Aug 20033,64129.765.13$18,677
Jul 20033,06829.415.17$15,864
Jun 20033,63428.565.98$21,742
May 20034,01926.595.97$24,004
Apr 20033,94526.675.41$21,332
Mar 20033,54431.146.10$21,604
Feb 20033,32833.487.93$26,377
Jan 20034,20830.315.58$23,489
Dec 20023,69926.914.85$17,954
Nov 20024,01024.664.14$16,589
Oct 20025,14126.464.23$21,742
Sep 20024,75827.443.64$17,296
Aug 20024,74025.963.16$14,998
Jul 20025,30024.583.06$16,227
Jun 20025,41223.733.34$18,067
May 20023,31324.663.58$11,874
Apr 20025,62323.653.51$19,750
Mar 20025,87222.003.10$18,219
Feb 20026,16018.222.38$14,634
Jan 20027,32217.172.38$17,395
Dec 20015,57616.932.36$13,184
Nov 20016,39718.072.41$15,388
Oct 20017,32719.782.53$18,529
Sep 20016,50324.262.25$14,640
Aug 20015,02124.873.05$15,330
Jul 20017,30323.933.20$23,348
Jun 20017,34424.563.82$28,085
May 20018,04125.524.31$34,635
Apr 20017,87124.685.34$41,994
Mar 20017,86124.545.38$42,264
Feb 20016,82227.755.77$39,343
Jan 20016,27427.478.40$52,694
Dec 20007,54126.889.12$68,793
Nov 20007,54632.215.66$42,695
Oct 20007,90631.235.15$40,680
Sep 20007,79031.875.19$40,403
Aug 20008,49429.644.54$38,569
Jul 20008,36228.534.09$34,198
Jun 20008,21429.304.40$36,119
May 20008,56627.263.68$31,521
Apr 20008,77424.513.12$27,340
Mar 20009,22028.422.86$26,367
Feb 20008,82927.622.73$24,072
Jan 20009,56725.272.48$23,731
Dec 19999,62224.282.42$23,321
Nov 19999,48423.192.43$23,084
Oct 199910,00120.982.80$28,040
Sep 199910,08221.752.62$26,403
Aug 19999,89719.262.88$28,460
Jul 199910,37517.892.37$24,613
Jun 199910,23315.942.36$24,171
May 199910,65015.792.32$24,719
Apr 199910,19815.102.21$22,518
Mar 199910,73412.471.84$19,733
Feb 19999,4739.981.82$17,220
Jan 199911,22910.381.90$21,335
Dec 199811,4219.201.77$20,253
Nov 199811,45810.892.19$25,044
Oct 199811,85712.421.97$23,349
Sep 199811,62512.592.08$24,210
Aug 199812,32811.301.91$23,514
Jul 199812,48111.742.24$27,923
Jun 199812,88211.242.24$28,821
May 199813,53312.622.21$29,858
Apr 199813,46913.042.51$33,744
Mar 199814,35112.802.31$33,143
Feb 199812,96313.952.30$29,804
Jan 199814,82214.702.15$31,938
Dec 199715,27716.322.41$36,834
Nov 199714,95818.193.09$46,194
Oct 199715,68019.253.15$49,389
Sep 199715,98417.742.95$47,231
Aug 199717,35417.862.55$44,335
Jul 199718,32717.582.25$41,180
Jun 199718,61717.242.26$42,022
May 199721,09018.972.31$48,686
Apr 199721,66517.882.08$45,123
Mar 199724,00018.951.94$46,539
Feb 199723,57420.492.21$52,002
Jan 199724,23323.483.54$85,778
Dec 199626,88223.32$0
Nov 199626,02521.97$0
Oct 199629,08523.31$0
Sep 199631,20522.22$0
Aug 199637,16320.26$0
Jul 199645,38119.55$0
Jun 199644,39918.73$0
May 199645,04819.43$0
Apr 19968,47221.51$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               14,138 Mcf  × $  3.05 =    $43,062

────────────────────────────────────────────────────
Month total                                  $43,062

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/159039 is the state's own key, not one this site invented.