BUSBY ESTATE GAS UNIT

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 166418District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Aug 1997 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
346
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 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 Gas111998-02-18137896
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
CondensateDisposition870 bbl$17,000
GasProduction858,534 Mcf$3,432,975
Total$3,449,975

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 32.2824, -94.8154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28245, -94.81545 · 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
10,831 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 10,831 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-40132717510,831 ftAug 1997

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 (346)

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

346 months

May 20260586106.413.05$1,785
Apr 2026062798.932.87$1,799
Mar 20260089.753.15$0
Feb 2026023663.503.75$885
Jan 2026067659.138.00$5,407
Dec 2025057456.664.41$2,533
Nov 2025056758.593.93$2,226
Oct 2025064059.383.30$2,115
Sep 2025077962.743.08$2,397
Aug 202501,23563.933.01$3,723
Jul 202501,26666.743.32$4,197
Jun 202501,23566.483.13$3,864
May 202501,28960.553.23$4,166
Apr 202501,31962.363.54$4,673
Mar 202501,43367.704.27$6,117
Feb 202501,04770.884.34$4,545
Jan 202501,09174.324.28$4,668
Dec 202401,17868.993.12$3,677
Nov 202401,31969.052.20$2,900
Oct 202401,33771.372.28$3,050
Sep 202401,52369.612.36$3,601
Aug 2024028175.632.06$580
Jul 2024072979.932.15$1,565
Jun 202401,20978.082.63$3,184
May 202401,29778.812.20$2,851
Apr 202401,26284.451.66$2,094
Mar 202401,43980.301.55$2,223
Feb 2024096376.091.78$1,718
Jan 2024057673.023.30$1,899
Dec 202301,02871.262.61$2,684
Nov 202301,20277.892.81$3,375
Oct 202301,25085.443.09$3,859
Sep 202301,05989.042.74$2,896
Aug 202301,23680.522.67$3,304
Jul 202301,21974.852.64$3,220
Jun 202301,22868.962.26$2,773
May 2023098570.622.23$2,194
Apr 202301,15178.122.24$2,576
Mar 202301,26672.852.39$3,030
Feb 202301,13875.112.47$2,806
Jan 202301,26576.533.39$4,285
Dec 202201,26676.415.73$7,253
Nov 202201,22485.005.65$6,911
Oct 202201,28487.185.86$7,529
Sep 202201,28684.888.16$10,498
Aug 202201,35794.529.13$12,386
Jul 202201,392101.587.54$10,499
Jun 20220983115.097.98$7,842
May 20220516109.378.43$4,351
Apr 20220994104.226.84$6,797
Mar 202201,362108.885.08$6,914
Feb 202201,18791.054.86$5,767
Jan 202201,39081.844.54$6,307
Dec 202101,27171.323.90$4,956
Nov 202101,38977.435.24$7,274
Oct 202101,22279.795.71$6,982
Sep 202102769.865.35$144
Aug 2021025266.024.22$1,064
Jul 202101470.783.98$56
Jun 2021079469.493.38$2,684
May 202101,34863.483.02$4,068
Apr 202107960.362.76$218
Mar 2021030261.302.72$821
Feb 2021090657.805.55$5,026
Jan 202101,57750.412.81$4,432
Dec 2020092844.642.68$2,483
Nov 202001,03738.772.71$2,807
Oct 202001,51936.972.48$3,765
Sep 202001,45537.091.99$2,897
Aug 202001,39339.982.39$3,322
Jul 202001,38738.371.83$2,531
Jun 2020099134.901.69$1,675
May 2020097016.921.81$1,760
Apr 202001,01614.751.80$1,833
Mar 2020064030.341.86$1,188
Feb 2020092749.881.98$1,836
Jan 202001,05657.252.09$2,212
Dec 201901,05059.012.30$2,420
Nov 201901,01755.302.75$2,797
Oct 201901,07153.472.42$2,590
Sep 201901,05055.052.66$2,790
Aug 2019092853.112.30$2,138
Jul 2019093756.272.46$2,305
Jun 2019091852.782.49$2,287
May 2019095358.482.74$2,612
Apr 2019088462.632.75$2,432
Mar 201901,06756.803.06$3,267
Feb 2019074350.852.79$2,075
Jan 201901,06046.033.23$3,422
Dec 2018055846.594.19$2,335
Nov 201801,08652.934.24$4,602
Oct 2018038661.443.40$1,312
Sep 2018074759.543.11$2,322
Aug 2018040859.403.07$1,251
Jul 2018069065.142.93$2,023
Jun 2018039760.183.08$1,222
May 2018082265.382.90$2,384
Apr 2018087763.842.90$2,544
Mar 2018091161.222.79$2,539
Feb 2018089161.782.77$2,465
Jan 2018098562.874.01$3,949
Dec 201701,14857.272.92$3,354
Nov 201701,20355.423.12$3,751
Oct 2017062749.292.98$1,871
Sep 2017027147.523.09$837
Aug 2017029545.373.00$886
Jul 2017033343.873.09$1,028
Jun 2017029442.493.09$908
May 2017031945.373.26$1,041
Apr 2017030947.933.21$992
Mar 2017033146.772.98$988
Feb 2017033250.452.95$980
Jan 2017037349.413.42$1,275
Dec 2016037848.763.72$1,407
Nov 2016036642.492.64$968
Oct 2016038946.193.09$1,202
Sep 2016042141.553.10$1,305
Aug 2016071841.442.92$2,100
Jul 20160041.622.92$0
Jun 2016036345.352.69$975
May 2016045442.521.99$904
Apr 2016050236.561.99$1,000
Mar 2016054533.011.79$978
Feb 2016059226.472.06$1,222
Jan 2016399127.352.36$2,425
Dec 2015278332.362.00$1,632
Nov 2015088038.792.17$1,907
Oct 201531,00443.552.43$2,567
Sep 201521,06742.992.76$3,029
Aug 2015299340.162.87$2,933
Jul 2015253748.152.95$1,678
Jun 2015057956.152.88$1,669
May 2015083255.212.96$2,459
Apr 2015082649.822.71$2,236
Mar 201501,65842.892.93$4,866
Feb 2015060044.662.98$1,786
Jan 2015075443.433.10$2,338
Dec 2014080854.693.59$2,902
Nov 201401,04470.464.25$4,439
Oct 2014086178.303.90$3,359
Sep 2014068986.164.05$2,787
Aug 201401,15889.394.04$4,673
Jul 201401,19896.564.18$5,007
Jun 201401,42798.164.74$6,760
May 201401,32894.734.73$6,277
Apr 201401,56095.944.81$7,502
Mar 201401,14795.895.06$5,800
Feb 201401,02197.406.19$6,322
Jan 201401,33890.404.86$6,504
Dec 201301,47191.824.35$6,405
Nov 201301,27088.853.74$4,748
Oct 201301,67397.423.78$6,323
Sep 201301,185104.113.72$4,406
Aug 201301,985104.253.52$6,992
Jul 20130646102.523.72$2,402
Jun 201301,10394.403.93$4,339
May 2013076594.834.15$3,174
Apr 201301,41093.964.28$6,038
Mar 2013091493.623.91$3,576
Feb 201301,27291.233.42$4,350
Jan 201301,32691.603.42$4,535
Dec 201201,15686.773.42$3,954
Nov 201201,35586.953.62$4,912
Oct 201201,08989.383.40$3,702
Sep 2012089494.672.92$2,609
Aug 201201,03492.662.91$3,007
Jul 201201,52185.133.02$4,595
Jun 2012099679.822.52$2,509
May 201201,38391.612.49$3,441
Apr 201211,781101.652.00$3,658
Mar 201201,565105.052.22$3,478
Feb 201201,626101.102.57$4,179
Jan 201211,80798.092.73$5,039
Dec 201102,16096.873.24$6,998
Nov 201111,90395.723.31$6,397
Oct 201102,51584.983.65$9,176
Sep 201102,83783.623.99$11,308
Aug 201101,07983.404.15$4,477
Jul 2011090994.144.52$4,106
Jun 2011096792.904.64$4,487
May 201101,05398.134.40$4,638
Apr 201101,043105.964.33$4,520
Mar 201101,13996.364.06$4,621
Feb 2011073085.644.18$3,051
Jan 2011095286.504.59$4,369
Dec 201001,35285.734.35$5,878
Nov 201001,36880.843.80$5,192
Oct 201001,66678.103.51$5,846
Sep 201001,64772.633.98$6,554
Aug 201001,80273.684.42$7,964
Jul 201002,04172.554.74$9,667
Jun 201002,11170.364.91$10,366
May 201002,16671.124.24$9,173
Apr 201001,91281.694.12$7,883
Mar 201001,67078.394.39$7,329
Feb 201001,15573.585.44$6,286
Jan 201001,78674.365.96$10,652
Dec 200902,06271.445.48$11,307
Nov 200922,04374.593.75$7,813
Oct 200901,98872.544.11$8,171
Sep 200902,05265.543.06$6,289
Aug 200902,11567.423.22$6,807
Jul 200902,20761.133.46$7,646
Jun 200902,23366.163.90$8,698
May 200902,39054.743.93$9,383
Apr 200901,74446.773.59$6,257
Mar 200902,27242.144.06$9,222
Feb 200902,28432.814.63$10,582
Jan 200911,42635.865.37$7,695
Dec 200801,67037.105.98$9,982
Nov 200802,14255.496.86$14,695
Oct 200812,33575.246.92$16,238
Sep 200801,457101.767.88$11,477
Aug 200802,108114.228.48$17,882
Jul 200802,159131.0811.39$24,590
Jun 200802,126131.3313.03$27,707
May 200801,075123.1711.57$12,442
Apr 200801,212110.3110.45$12,671
Mar 200801,925101.909.66$18,603
Feb 200802,01992.538.77$17,708
Jan 200801,97190.388.21$16,173
Dec 200702,11388.337.30$15,429
Nov 200701,65791.677.29$12,082
Oct 200702,05682.856.92$14,232
Sep 200702,13075.846.24$13,300
Aug 200702,03669.066.39$13,006
Jul 200702,24570.906.39$14,341
Jun 200711,76562.007.55$13,385
May 200701,93558.747.85$15,183
Apr 200701,99459.617.81$15,564
Mar 200711,95556.927.30$14,332
Feb 200701,89455.108.22$15,561
Jan 200702,15950.306.73$14,523
Dec 200612,23656.656.92$15,526
Nov 200622,23354.207.62$17,118
Oct 200612,45854.906.01$14,837
Sep 200612,09460.085.04$10,608
Aug 200612,17768.717.34$16,048
Jul 200602,22269.376.34$14,094
Jun 200602,37766.286.38$15,174
May 200612,60966.016.42$16,829
Apr 200612,65664.397.36$19,614
Mar 200612,52156.707.08$17,913
Feb 200632,64857.597.75$20,698
Jan 200622,16860.598.93$19,489
Dec 200542,76754.9413.42$37,340
Nov 200522,59554.6910.59$27,586
Oct 200512,76258.3413.80$38,162
Sep 200512,69961.4512.08$32,663
Aug 200512,96461.519.80$29,099
Jul 200513,06755.697.84$24,112
Jun 200513,01752.337.38$22,321
May 200502,92945.226.65$19,481
Apr 200522,49949.207.36$18,492
Mar 200522,69750.377.15$19,397
Feb 200512,33645.226.31$14,790
Jan 200522,53843.166.32$16,132
Dec 200412,76039.866.75$18,673
Nov 200412,24145.286.33$14,232
Oct 200412,68549.706.52$17,543
Sep 200411,85943.245.28$9,866
Aug 200402,28842.375.55$12,700
Jul 200412,55738.286.08$15,596
Jun 200402,52236.106.43$16,224
May 200402,78137.486.49$18,061
Apr 200422,72934.475.86$16,057
Mar 200422,77734.365.53$15,426
Feb 200402,68832.455.51$14,810
Jan 200452,66332.036.30$16,936
Dec 200312,76630.266.30$17,461
Nov 200313,36428.804.60$15,487
Oct 200303,69228.174.76$17,573
Sep 200313,63626.314.75$17,295
Aug 200303,90829.765.13$20,047
Jul 200303,85829.415.17$19,949
Jun 200303,99128.565.98$23,878
May 200304,19926.595.97$25,079
Apr 200302,86726.675.41$15,503
Mar 200303,50131.146.10$21,342
Feb 200303,52633.487.93$27,947
Jan 200304,20130.315.58$23,450
Dec 200204,63826.914.85$22,512
Nov 200204,12324.664.14$17,057
Oct 200205,27526.464.23$22,309
Sep 2002494,35527.443.64$17,176
Aug 200204,14425.963.16$13,112
Jul 200204,11124.583.06$12,587
Jun 2002323,88723.733.34$13,735
May 200203,23924.663.58$11,609
Apr 200203,97523.653.51$13,961
Mar 200203,96122.003.10$12,290
Feb 2002454,55718.222.38$11,646
Jan 2002254,44517.172.38$10,989
Dec 2001203,73716.932.36$9,174
Nov 200105,01618.072.41$12,066
Oct 200105,23919.782.53$13,249
Sep 200103,85724.262.25$8,683
Aug 200143,88324.873.05$11,955
Jul 200102,73923.933.20$8,757
Jun 200103,44024.563.82$13,155
May 200103,24925.524.31$13,994
Apr 200104,32124.685.34$23,054
Mar 200105,43324.545.38$29,210
Feb 200103,03927.755.77$17,526
Jan 200103,95027.478.40$33,175
Dec 200003,19326.889.12$29,128
Nov 200003,63932.215.66$20,589
Oct 200003,97731.235.15$20,464
Sep 200004,61831.875.19$23,951
Aug 200005,49029.644.54$24,929
Jul 200005,30728.534.09$21,704
Jun 200003,34629.304.40$14,713
May 200004,03527.263.68$14,848
Apr 200005,37024.513.12$16,733
Mar 200005,64928.422.86$16,155
Feb 200005,26627.622.73$14,358
Jan 200006,56325.272.48$16,280
Dec 199906,30824.282.42$15,289
Nov 199906,61623.192.43$16,103
Oct 199906,90520.982.80$19,360
Sep 199907,00521.752.62$18,345
Aug 199906,56519.262.88$18,878
Jul 199907,56217.892.37$17,940
Jun 199906,83915.942.36$16,154
May 199907,85715.792.32$18,236
Apr 199907,35015.102.21$16,229
Mar 199907,43112.471.84$13,661
Feb 199906,9299.981.82$12,595
Jan 199907,15410.381.90$13,592
Dec 199808,2689.201.77$14,662
Nov 199808,51910.892.19$18,620
Oct 1998227,71312.421.97$15,462
Sep 199808,91512.592.08$18,567
Aug 199809,56311.301.91$18,240
Jul 1998010,06711.742.24$22,523
Jun 19984210,36111.242.24$23,652
May 1998011,48212.622.21$25,333
Apr 199810111,95013.042.51$31,256
Mar 1998012,71012.802.31$29,353
Feb 199810312,17613.952.30$29,431
Jan 199812514,44314.702.15$32,959
Dec 1997015,38716.322.41$37,100
Nov 199714016,77918.193.09$54,365
Oct 19979017,61819.253.15$57,226
Sep 1997016,04617.742.95$47,414
Aug 1997016,91517.862.55$43,213

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  586 Mcf  × $  3.05 =     $1,785

────────────────────────────────────────────────────
Month total                                   $1,785

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/166418 is the state's own key, not one this site invented.