SIMPSON HEIRS

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

Gas lease lease 159887District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$903 k
Aug 1996 – Jul 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
276
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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 Gas111996-11-15135502
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
CondensateDisposition2,890 bbl$73,013
GasProduction244,972 Mcf$830,105
Total$903,118

34,160 Mcf of this lease's gas, across 5 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 32.6826, -94.8990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68256, -94.89901 · 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
11,951 ft
1 wells filed one
Completion to plug
11.0 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 11,951 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Oct 2018
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-45930852111,951 ftOct 2007Oct 2018Yes

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 (276)

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

276 months

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 2007071875.846.24$4,483
Aug 2007085469.066.39$5,455
Jul 2007090570.906.39$5,781
Jun 2007062962.007.55$4,748
May 2007083558.747.85$6,552
Apr 2007075159.617.81$5,862
Mar 2007382556.927.30$6,195
Feb 200701,01155.108.22$8,306
Jan 200721,17650.306.73$8,011
Dec 200641,24656.656.92$8,847
Nov 200611,19054.207.62$9,119
Oct 200601,02354.906.01$6,152
Sep 200611,05160.085.04$5,354
Aug 2006098568.717.34$7,230
Jul 200601,09969.376.34$6,971
Jun 2006091066.286.38$5,809
May 200601,10666.016.42$7,106
Apr 200661,07364.397.36$8,284
Mar 200601,11656.707.08$7,905
Feb 200619390657.597.75$18,137
Jan 2006095160.598.93$8,496
Dec 2005074054.9413.42$9,927
Nov 2005160754.6910.59$6,482
Oct 2005054158.3413.80$7,464
Sep 2005056261.4512.08$6,788
Aug 2005042161.519.80$4,124
Jul 2005040455.697.84$3,169
Jun 2005055752.337.38$4,111
May 2005288345.226.65$5,963
Apr 2005060849.207.36$4,475
Mar 2005090650.377.15$6,482
Feb 2005074645.226.31$4,709
Jan 2005078943.166.32$4,988
Dec 200401,05539.866.75$7,122
Nov 2004084545.286.33$5,349
Oct 2004097349.706.52$6,339
Sep 2004086143.245.28$4,549
Aug 2004085442.375.55$4,740
Jul 200417766838.286.08$10,840
Jun 2004075636.106.43$4,863
May 2004094737.486.49$6,150
Apr 2004068234.475.86$3,995
Mar 200431,14334.365.53$6,424
Feb 200401,12832.455.51$6,215
Jan 200401,19932.036.30$7,553
Dec 200301,19130.266.30$7,505
Nov 200301,15028.804.60$5,284
Oct 200301,22728.174.76$5,840
Sep 200301,31926.314.75$6,264
Aug 200311,17229.765.13$6,042
Jul 20031831,37329.415.17$12,482
Jun 200301,69528.565.98$10,141
May 200321,57526.595.97$9,460
Apr 200331,37526.675.41$7,515
Mar 200321,12531.146.10$6,920
Feb 200301,07733.487.93$8,536
Jan 200311,35230.315.58$7,577
Dec 200221,17926.914.85$5,776
Nov 200221,13324.664.14$4,737
Oct 200231,41626.464.23$6,068
Sep 200241,87227.443.64$6,915
Aug 200201,75725.963.16$5,559
Jul 20021841,28624.583.06$8,460
Jun 200221,93023.733.34$6,490
May 200212,26724.663.58$8,150
Apr 200232,24123.653.51$7,942
Mar 200201,07022.003.10$3,320
Feb 200201,48118.222.38$3,518
Jan 200231,86817.172.38$4,489
Dec 200131,64316.932.36$3,936
Nov 200141,22918.072.41$3,029
Oct 200141,46419.782.53$3,781
Sep 200111,28524.262.25$2,917
Aug 200111,53924.873.05$4,724
Jul 20011361,51023.933.20$8,082
Jun 200161,29224.563.82$5,088
May 200101,46025.524.31$6,289
Apr 200101,45524.685.34$7,763
Mar 200111,63324.545.38$8,804
Feb 200101,33527.755.77$7,699
Jan 20011911,75427.478.40$19,978
Dec 200021,48826.889.12$13,628
Nov 200031,76332.215.66$10,072
Oct 200011,86531.235.15$9,628
Sep 200042,01631.875.19$10,583
Aug 200021,66029.644.54$7,597
Jul 200012,13828.534.09$8,772
Jun 200052,13529.304.40$9,535
May 200001,77927.263.68$6,546
Apr 20001861,80124.513.12$10,171
Mar 200001,84428.422.86$5,273
Feb 2000201,74927.622.73$5,321
Jan 200001,83925.272.48$4,562
Dec 199902,03224.282.42$4,925
Nov 199902,39723.192.43$5,834
Oct 199902,61320.982.80$7,326
Sep 19992312,47521.752.62$11,506
Aug 199902,25119.262.88$6,473
Jul 199901,93217.892.37$4,583
Jun 199902,00515.942.36$4,736
May 199902,30715.792.32$5,355
Apr 199901,87415.102.21$4,138
Mar 199902,66112.471.84$4,892
Feb 199902,0289.981.82$3,686
Jan 199902,42110.381.90$4,600
Dec 199802,3749.201.77$4,210
Nov 199802,95410.892.19$6,457
Oct 199802,88712.421.97$5,685
Sep 19981782,96512.592.08$8,416
Aug 199803,18411.301.91$6,073
Jul 199803,60911.742.24$8,074
Jun 199802,09311.242.24$4,683
May 199802,24412.622.21$4,951
Apr 19981862,35113.042.51$8,315
Mar 199802,23112.802.31$5,152
Feb 199802,13313.952.30$4,904
Jan 199802,78714.702.15$6,005
Dec 199702,09816.322.41$5,058
Nov 19971852,49418.193.09$11,067
Oct 199702,49919.253.15$7,871
Sep 199702,74317.742.95$8,105
Aug 199702,98717.862.55$7,631
Jul 199703,66417.582.25$8,233
Jun 19971783,29917.242.26$10,515
May 199703,04918.972.31$7,039
Apr 199703,36117.882.08$7,000
Mar 19971863,59818.951.94$10,502
Feb 199703,90020.492.21$8,603
Jan 199744,27023.483.54$15,208
Dec 19961924,68023.32$4,477
Nov 199605,69521.97$0
Oct 19961906,92023.31$4,429
Sep 1996010,47322.22$0
Aug 199606,39220.26$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.

Sep 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.84 =         $0
Gas                  718 Mcf  × $  6.24 =     $4,483

────────────────────────────────────────────────────
Month total                                   $4,483

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/159887 is the state's own key, not one this site invented.