MCGREDE

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

Gas lease lease 198043District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Aug 2003 – Dec 2025
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
269
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas112004-01-12154041
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
CondensateDisposition2,484 bbl$131,209
GasProduction528,368 Mcf$2,976,975
Total$3,108,184

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 32.5684, -94.8276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56835, -94.82758 · 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
10,800 ft
1 wells filed one
Completion to plug
4.3 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 10,800 ft.

Completions filed
Jul 2021
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18331579210,800 ftJul 2021Oct 2025Yes

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 (269)

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

269 months

Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202537059.383.30$2,197
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 202102569.493.38$85
May 20210063.483.02$0
Apr 2021021060.362.76$579
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202101550.412.81$42
Dec 20200044.642.68$0
Nov 202001338.772.71$35
Oct 20201142236.972.48$4,269
Sep 202002537.091.99$50
Aug 2020022439.982.39$534
Jul 2020019738.371.83$360
Jun 2020059634.901.69$1,007
May 2020099616.921.81$1,807
Apr 202001,49314.751.80$2,694
Mar 2020089530.341.86$1,661
Feb 2020075549.881.98$1,495
Jan 2020033757.252.09$706
Dec 2019054659.012.30$1,258
Nov 2019074555.302.75$2,049
Oct 2019077753.472.42$1,879
Sep 2019068955.052.66$1,831
Aug 2019087953.112.30$2,026
Jul 2019093656.272.46$2,303
Jun 2019095752.782.49$2,384
May 2019090058.482.74$2,466
Apr 2019078462.632.75$2,157
Mar 2019086756.803.06$2,655
Feb 201908750.852.79$243
Jan 2019092746.033.23$2,993
Dec 2018014946.594.19$624
Nov 2018056652.934.24$2,398
Oct 201801,26261.443.40$4,288
Sep 2018077359.543.11$2,402
Aug 201801,32859.403.07$4,072
Jul 20184382065.142.93$5,205
Jun 201801,15860.183.08$3,563
May 201801,22865.382.90$3,562
Apr 201801,35063.842.90$3,916
Mar 201801,38361.222.79$3,854
Feb 201801,12361.782.77$3,106
Jan 2018481,09462.874.01$7,404
Dec 201701,95157.272.92$5,700
Nov 201702,13855.423.12$6,667
Oct 201701,57649.292.98$4,702
Sep 201701,62047.523.09$5,001
Aug 201701,53845.373.00$4,621
Jul 201711,93043.873.09$6,002
Jun 201701,83042.493.09$5,650
May 201701,73445.373.26$5,659
Apr 201701,75047.933.21$5,620
Mar 201701,81446.772.98$5,412
Feb 201701,75450.452.95$5,179
Jan 201701,55849.413.42$5,326
Dec 201611,92848.763.72$7,226
Nov 201601,65642.492.64$4,379
Oct 201601,84846.193.09$5,711
Sep 201601,22341.553.10$3,792
Aug 201601,94041.442.92$5,673
Jul 201631,67741.622.92$5,029
Jun 201601,49745.352.69$4,021
May 201601,76242.521.99$3,508
Apr 2016094836.561.99$1,888
Mar 201601,40233.011.79$2,515
Feb 201601,05726.472.06$2,181
Jan 20161251,20527.352.36$6,268
Dec 201511,32832.362.00$2,690
Nov 201501,34438.792.17$2,913
Oct 201501,33843.552.43$3,247
Sep 201501,41442.992.76$3,900
Aug 2015040640.162.87$1,166
Jul 201521,53948.152.95$4,629
Jun 201501,85456.152.88$5,345
May 201511,25055.212.96$3,750
Apr 201511,24249.822.71$3,411
Mar 201501,25542.892.93$3,683
Feb 201531,60944.662.98$4,923
Jan 201501,08743.433.10$3,370
Dec 2014090954.693.59$3,265
Nov 201401,32170.464.25$5,617
Oct 2014021678.303.90$843
Sep 2014194686.164.05$3,913
Aug 2014077889.394.04$3,139
Jul 201401,13096.564.18$4,723
Jun 2014014398.164.74$677
May 2014143594.734.73$2,151
Apr 2014171495.944.81$3,530
Mar 201401,29895.895.06$6,564
Feb 201401,32997.406.19$8,229
Jan 201421,40590.404.86$7,010
Dec 201301,11891.824.35$4,868
Nov 201301,25788.853.74$4,699
Oct 201311,46397.423.78$5,627
Sep 201301,318104.113.72$4,900
Aug 20130798104.253.52$2,811
Jul 20130963102.523.72$3,580
Jun 2013079994.403.93$3,143
May 201311,19594.834.15$5,053
Apr 201301,30693.964.28$5,593
Mar 201301,46593.623.91$5,732
Feb 201301,27991.233.42$4,374
Jan 201301,78191.603.42$6,091
Dec 201201,52386.773.42$5,209
Nov 201201,23586.953.62$4,477
Oct 2012074989.383.40$2,546
Sep 2012040294.672.92$1,173
Aug 201201,38192.662.91$4,016
Jul 201211,47985.133.02$4,553
Jun 201201,37679.822.52$3,466
May 201201,56491.612.49$3,892
Apr 201201,674101.652.00$3,343
Mar 20121971,760105.052.22$24,606
Feb 201201,593101.102.57$4,094
Jan 201201,77198.092.73$4,842
Dec 201101,71896.873.24$5,566
Nov 201101,85295.723.31$6,132
Oct 201101,89484.983.65$6,910
Sep 201101,95683.623.99$7,796
Aug 201101,72883.404.15$7,170
Jul 201102,08194.144.52$9,400
Jun 201151,88592.904.64$9,211
May 201122,22798.134.40$10,006
Apr 201102,247105.964.33$9,737
Mar 201102,25996.364.06$9,166
Feb 201101,74085.644.18$7,273
Jan 201102,11886.504.59$9,719
Dec 201002,26285.734.35$9,835
Nov 201002,22780.843.80$8,452
Oct 2010922,00978.103.51$14,235
Sep 201002,11472.633.98$8,413
Aug 201002,03873.684.42$9,007
Jul 201002,12772.554.74$10,075
Jun 201002,08370.364.91$10,228
May 201001,96571.124.24$8,322
Apr 201012,28581.694.12$9,502
Mar 201002,28178.394.39$10,011
Feb 201001,70273.585.44$9,263
Jan 201001,36374.365.96$8,129
Dec 200901,96071.445.48$10,748
Nov 20091052,10174.593.75$15,714
Oct 200902,56772.544.11$10,551
Sep 200902,05465.543.06$6,295
Aug 200912,33767.423.22$7,589
Jul 200902,25761.133.46$7,819
Jun 200902,04066.163.90$7,946
May 200902,08254.743.93$8,173
Apr 200902,23746.773.59$8,025
Mar 200902,59642.144.06$10,537
Feb 200912,50432.814.63$11,634
Jan 200912,67435.865.37$14,398
Dec 200803,00437.105.98$17,955
Nov 200812,75655.496.86$18,963
Oct 200802,63575.246.92$18,239
Sep 20081552,632101.767.88$36,505
Aug 200802,655114.228.48$22,522
Jul 200802,793131.0811.39$31,811
Jun 200812,860131.3313.03$37,405
May 200803,255123.1711.57$37,674
Apr 200813,222110.3110.45$33,796
Mar 200803,424101.909.66$33,090
Feb 200803,25692.538.77$28,557
Jan 200803,25390.388.21$26,693
Dec 200703,54488.337.30$25,878
Nov 200723,29691.677.29$24,217
Oct 200713,76082.856.92$26,109
Sep 200723,88675.846.24$24,416
Aug 200713,62769.066.39$23,238
Jul 200703,58470.906.39$22,894
Jun 200713,48262.007.55$26,346
May 200703,91058.747.85$30,679
Apr 200704,11959.617.81$32,150
Mar 200714,35156.927.30$31,828
Feb 200703,91755.108.22$32,182
Jan 200714,28250.306.73$28,855
Dec 200604,24256.656.92$29,348
Nov 20061734,04554.207.62$40,189
Oct 200604,44354.906.01$26,719
Sep 200633,79760.085.04$19,306
Aug 200614,23368.717.34$31,139
Jul 200634,04769.376.34$25,877
Jun 200604,26166.286.38$27,202
May 200604,20666.016.42$27,024
Apr 200605,01564.397.36$36,913
Mar 200603,79756.707.08$26,894
Feb 200603,77657.597.75$29,268
Jan 200603,81660.598.93$34,090
Dec 20051124,50054.9413.42$66,523
Nov 200533,64154.6910.59$38,716
Oct 200503,25458.3413.80$44,891
Sep 200513,48261.4512.08$42,121
Aug 200523,95561.519.80$38,870
Jul 200505,04055.697.84$39,532
Jun 200504,45452.337.38$32,875
May 20051824,16945.226.65$35,959
Apr 200504,38349.207.36$32,261
Mar 200515,10550.377.15$36,576
Feb 200505,39145.226.31$34,028
Jan 200515,96343.166.32$37,742
Dec 200426,32539.866.75$42,780
Nov 20041255,99945.286.33$43,636
Oct 200406,77249.706.52$44,120
Sep 200406,05743.245.28$32,005
Aug 20041836,51742.375.55$43,927
Jul 200426,59038.286.08$40,171
Jun 200407,24236.106.43$46,588
May 200407,65137.486.49$49,690
Apr 200417,77934.475.86$45,607
Mar 20041668,19634.365.53$51,029
Feb 200428,33532.455.51$45,988
Jan 200418310,29732.036.30$70,729
Dec 20031849,77730.266.30$67,179
Nov 2003111,94728.804.60$54,927
Oct 200318915,13728.174.76$77,371
Sep 2003317,89426.314.75$85,064
Aug 200311,75929.765.13$9,053

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.

Oct 2025 — as filed, then multipliedworked
Condensate            37 bbl  × $ 59.38 =     $2,197
Gas                    0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $2,197

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/198043 is the state's own key, not one this site invented.