NEAL HEIRS

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

Gas lease lease 196399District 06Field 522393332 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Aug 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
286
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 45 leases and 45 wells, and the rule below applies to all of them.

Discovered
1948-07-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2004-02-10.

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
High Cost Gas112005-04-19161753
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
CondensateDisposition17,319 bbl$1,029,912
GasProduction96,336 Mcf$563,497
Total$1,593,409

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 32.9075, -94.5868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.90746, -94.58677 · 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
100.0%
1 of 1 wells
Median depth
11,350 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
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 11,350 ft.

Completions filed
Dec 2017
1 of 1 wells
Plug dates filed
Jun 2001
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-06730733111,350 ftDec 2017Jun 2001

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 (286)

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

286 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
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 2018088161.782.77$2,437
Jan 2018052762.874.01$2,113
Dec 2017023957.272.92$698
Nov 2017076655.423.12$2,389
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017021045.373.00$631
Jul 201716245943.873.09$8,524
Jun 2017027542.493.09$849
May 2017061045.373.26$1,991
Apr 2017042047.933.21$1,349
Mar 2017015046.772.98$448
Feb 2017031650.452.95$933
Jan 201714270049.413.42$9,409
Dec 2016057748.763.72$2,148
Nov 2016216042.492.64$508
Oct 20161529346.193.09$1,598
Sep 201612323041.553.10$5,824
Aug 2016085041.442.92$2,486
Jul 2016030441.622.92$889
Jun 2016028945.352.69$776
May 2016032742.521.99$651
Apr 201611324736.561.99$4,623
Mar 2016030633.011.79$549
Feb 201617221726.472.06$5,001
Jan 2016024427.352.36$577
Dec 2015014332.362.00$286
Nov 201514618838.792.17$6,071
Oct 20150043.552.43$0
Sep 2015019942.992.76$549
Aug 20150040.162.87$0
Jul 201515717348.152.95$8,069
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015034844.662.98$1,036
Jan 2015014343.433.10$443
Dec 2014167754.693.59$9,158
Nov 2014016070.464.25$680
Oct 2014027378.303.90$1,065
Sep 20140186.164.05$4
Aug 2014015889.394.04$638
Jul 2014021296.564.18$886
Jun 20140098.164.74$0
May 2014017094.734.73$804
Apr 20140795.944.81$34
Mar 201417918895.895.06$18,115
Feb 2014015497.406.19$954
Jan 201401790.404.86$83
Dec 2013011091.824.35$479
Nov 201301688.853.74$60
Oct 201305297.423.78$197
Sep 20130115104.113.72$428
Aug 20130181104.253.52$638
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20131722994.834.15$16,431
Apr 2013116193.964.28$783
Mar 201317733093.623.91$17,862
Feb 2013021291.233.42$725
Jan 2013036791.603.42$1,255
Dec 201217917886.773.42$16,141
Nov 2012030186.953.62$1,091
Oct 2012018589.383.40$629
Sep 201206694.672.92$193
Aug 2012021492.662.91$622
Jul 201218430185.133.02$16,573
Jun 2012176779.822.52$2,012
May 2012063991.612.49$1,590
Apr 2012180471101.652.00$19,237
Mar 20120303105.052.22$673
Feb 20120125101.102.57$321
Jan 2012010998.092.73$298
Dec 2011019296.873.24$622
Nov 2011016095.723.31$530
Oct 201117919084.983.65$15,905
Sep 2011024083.623.99$957
Aug 201117625783.404.15$15,745
Jul 2011029894.144.52$1,346
Jun 2011122492.904.64$1,132
May 201117922098.134.40$18,534
Apr 20110213105.964.33$923
Mar 201114627896.364.06$15,197
Feb 2011229485.644.18$1,400
Jan 201118827986.504.59$17,542
Dec 2010227985.734.35$1,384
Nov 2010226280.843.80$1,156
Oct 201017828478.103.51$14,898
Sep 2010022472.633.98$891
Aug 201017831073.684.42$14,485
Jul 2010033172.554.74$1,568
Jun 201018129170.364.91$14,164
May 2010329171.124.24$1,446
Apr 201017828681.694.12$15,720
Mar 2010031078.394.39$1,360
Feb 201018626173.585.44$15,106
Jan 2010029974.365.96$1,783
Dec 200918634971.445.48$15,202
Nov 2009034174.593.75$1,279
Oct 200919237372.544.11$15,461
Sep 2009033665.543.06$1,030
Aug 200917840367.423.22$13,298
Jul 2009340461.133.46$1,583
Jun 200918940866.163.90$14,093
May 200918535554.743.93$11,521
Apr 2009036746.773.59$1,317
Mar 200918227442.144.06$8,782
Feb 2009227832.814.63$1,354
Jan 200919129735.865.37$8,444
Dec 2008735537.105.98$2,382
Nov 2008231555.496.86$2,272
Oct 200818325775.246.92$15,548
Sep 2008184272101.767.88$20,866
Aug 20081322114.228.48$2,846
Jul 2008161374131.0811.39$25,364
Jun 20084268131.3313.03$4,018
May 2008182350123.1711.57$26,468
Apr 20080297110.3110.45$3,105
Mar 2008188314101.909.66$22,192
Feb 2008029392.538.77$2,570
Jan 200820029390.388.21$20,480
Dec 2007129188.337.30$2,213
Nov 200736627691.677.29$35,564
Oct 2007033082.856.92$2,284
Sep 2007127775.846.24$1,805
Aug 200718120969.066.39$13,835
Jul 200729670.906.39$755
Jun 200717815962.007.55$12,236
May 200718110558.747.85$11,456
Apr 200718327659.617.81$13,063
Mar 200718115556.927.30$11,434
Feb 2007012455.108.22$1,019
Jan 200736348150.306.73$21,495
Dec 200618354556.656.92$14,138
Nov 2006031454.207.62$2,392
Oct 200618030554.906.01$11,716
Sep 2006032460.085.04$1,632
Aug 200618051268.717.34$16,126
Jul 2006076069.376.34$4,821
Jun 200618072966.286.38$16,584
May 200618378466.016.42$17,117
Apr 200636084564.397.36$29,400
Mar 20061781,01756.707.08$17,296
Feb 200618067557.597.75$15,598
Jan 200618394860.598.93$19,557
Dec 2005089354.9413.42$11,980
Nov 200518098954.6910.59$20,316
Oct 200517399158.3413.80$23,764
Sep 20051811,14561.4512.08$24,953
Aug 20053601,12861.519.80$33,194
Jul 20051761,18255.697.84$19,073
Jun 20051761,44752.337.38$19,890
May 20053681,63745.226.65$27,529
Apr 20051791,06349.207.36$16,631
Mar 20053591,56750.377.15$29,295
Feb 20053621,78345.226.31$27,624
Jan 20053681,55043.166.32$25,682
Dec 20041831,43339.866.75$16,969
Nov 20041841,13945.286.33$15,542
Oct 20045381,97449.706.52$39,599
Sep 20043621,84143.245.28$25,381
Aug 20045441,80242.375.55$33,052
Jul 20047111,85838.286.08$38,521
Jun 20041,0822,21036.106.43$53,277
May 200401,78137.486.49$11,567
Apr 200402,08034.475.86$12,186
Mar 200402,36034.365.53$13,051
Feb 20042011,87232.455.51$16,836
Jan 200402,52032.036.30$15,875
Dec 20031842,62830.266.30$22,129
Nov 200302,35828.804.60$10,835
Oct 200311,58028.174.76$7,548
Sep 2003245026.314.75$2,190
Aug 20031682,13229.765.13$15,936
Jul 200302,15729.415.17$11,154
Jun 20033623,76228.565.98$32,847
May 2003094926.595.97$5,668
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

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 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.78 =         $0
Gas                  881 Mcf  × $  2.77 =     $2,437

────────────────────────────────────────────────────
Month total                                   $2,437

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/196399 is the state's own key, not one this site invented.