DAVIS, J.

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

Gas lease lease 206979District 06Field 520020502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Dec 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
258
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 54 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-12-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-04-23.

The Commission's schedule remark for this field reads: PERTAINING TO PERMITTING.

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 Gas112005-07-22162134
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
CondensateDisposition1,132 bbl$80,788
GasProduction400,217 Mcf$2,454,777
Total$2,535,565

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 32.5879, -94.6766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58786, -94.67660 · 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
10,710 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 10,710 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-20333009110,710 ftDec 2004

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 (258)

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

258 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 2024170084.451.66$14,357
Mar 20240080.301.55$0
Feb 202409376.091.78$166
Jan 2024060173.023.30$1,982
Dec 2023051071.262.61$1,331
Nov 2023052677.892.81$1,477
Oct 2023045285.443.09$1,395
Sep 20235521489.042.74$5,483
Aug 2023042180.522.67$1,125
Jul 2023055874.852.64$1,474
Jun 2023052068.962.26$1,174
May 2023076270.622.23$1,697
Apr 202301,77178.122.24$3,963
Mar 2023014972.852.39$357
Feb 2023031275.112.47$769
Jan 20230076.533.39$0
Dec 2022034976.415.73$1,999
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022043484.888.16$3,543
Aug 2022048894.529.13$4,454
Jul 20220471101.587.54$3,552
Jun 20220723115.097.98$5,768
May 20220728109.378.43$6,139
Apr 20220652104.226.84$4,458
Mar 20220646108.885.08$3,279
Feb 2022046291.054.86$2,245
Jan 2022084581.844.54$3,834
Dec 2021064771.323.90$2,523
Nov 202101,01277.435.24$5,300
Oct 2021090179.795.71$5,148
Sep 2021089669.865.35$4,794
Aug 2021075066.024.22$3,165
Jul 2021060670.783.98$2,413
Jun 2021046969.493.38$1,586
May 2021067263.483.02$2,028
Apr 2021070860.362.76$1,953
Mar 2021096961.302.72$2,633
Feb 2021045257.805.55$2,508
Jan 2021051850.412.81$1,456
Dec 2020033644.642.68$899
Nov 2020069138.772.71$1,870
Oct 2020063636.972.48$1,576
Sep 2020061537.091.99$1,224
Aug 2020178339.982.39$1,908
Jul 2020489038.371.83$1,778
Jun 202001,27334.901.69$2,152
May 2020075916.921.81$1,377
Apr 202001,05714.751.80$1,907
Mar 2020064930.341.86$1,205
Feb 2020034949.881.98$691
Jan 2020025957.252.09$543
Dec 2019051159.012.30$1,178
Nov 2019094955.302.75$2,610
Oct 2019021753.472.42$525
Sep 2019026055.052.66$691
Aug 2019046953.112.30$1,081
Jul 2019068356.272.46$1,680
Jun 2019044352.782.49$1,104
May 2019045158.482.74$1,236
Apr 201901,20162.632.75$3,304
Mar 2019077956.803.06$2,385
Feb 201901,06550.852.79$2,974
Jan 2019083446.033.23$2,692
Dec 2018096746.594.19$4,047
Nov 2018015752.934.24$665
Oct 201813577261.443.40$10,918
Sep 201811,07859.543.11$3,410
Aug 2018019859.403.07$607
Jul 2018050465.142.93$1,478
Jun 2018058860.183.08$1,809
May 2018259865.382.90$1,865
Apr 2018076263.842.90$2,210
Mar 2018069461.222.79$1,934
Feb 2018253761.782.77$1,609
Jan 2018046662.874.01$1,868
Dec 201701,18557.272.92$3,462
Nov 201701,23955.423.12$3,864
Oct 2017066849.292.98$1,993
Sep 201701,19147.523.09$3,677
Aug 2017052345.373.00$1,571
Jul 2017081243.873.09$2,507
Jun 201701,11042.493.09$3,427
May 201701,29945.373.26$4,239
Apr 2017076347.933.21$2,450
Mar 2017159546.772.98$1,822
Feb 2017188250.452.95$2,655
Jan 2017093349.413.42$3,190
Dec 2016192548.763.72$3,492
Nov 201601,61742.492.64$4,276
Oct 201601,64846.193.09$5,093
Sep 2016065141.553.10$2,019
Aug 2016046841.442.92$1,369
Jul 201611,08341.622.92$3,209
Jun 2016156645.352.69$1,566
May 2016193442.521.99$1,902
Apr 2016171636.561.99$1,462
Mar 2016167333.011.79$1,240
Feb 201602,00626.472.06$4,140
Jan 201611,74427.352.36$4,151
Dec 201511,15032.362.00$2,334
Nov 201501,73238.792.17$3,754
Oct 2015281043.552.43$2,053
Sep 2015290442.992.76$2,580
Aug 2015090940.162.87$2,611
Jul 2015072448.152.95$2,132
Jun 2015137856.152.88$1,146
May 2015122955.212.96$732
Apr 2015161449.822.71$1,712
Mar 2015169342.892.93$2,077
Feb 2015180744.662.98$2,446
Jan 2015092643.433.10$2,871
Dec 2014089054.693.59$3,196
Nov 2014192170.464.25$3,986
Oct 2014575178.303.90$3,321
Sep 2014388386.164.05$3,831
Aug 201411,03689.394.04$4,270
Jul 2014182296.564.18$3,532
Jun 2014160698.164.74$2,969
May 2014183494.734.73$4,037
Apr 201413460895.944.81$15,780
Mar 201421,08895.895.06$5,694
Feb 2014192997.406.19$5,850
Jan 2014199390.404.86$4,917
Dec 201311,10191.824.35$4,886
Nov 2013189288.853.74$3,423
Oct 2013295497.423.78$3,800
Sep 20130528104.113.72$1,963
Aug 20130743104.253.52$2,617
Jul 201311,108102.523.72$4,222
Jun 201311,59294.403.93$6,356
May 201311,08894.834.15$4,609
Apr 201311,03893.964.28$4,539
Mar 2013796793.623.91$4,439
Feb 201311,30691.233.42$4,558
Jan 201311,13091.603.42$3,956
Dec 2012068386.773.42$2,336
Nov 2012397386.953.62$3,788
Oct 2012080689.383.40$2,740
Sep 201201,10494.672.92$3,222
Aug 201201,23792.662.91$3,597
Jul 201221,32185.133.02$4,161
Jun 201221,19979.822.52$3,180
May 201201,03091.612.49$2,563
Apr 20122972101.652.00$2,144
Mar 201211,159105.052.22$2,680
Feb 201221,079101.102.57$2,975
Jan 201261,08198.092.73$3,544
Dec 201111,02296.873.24$3,408
Nov 2011073995.723.31$2,447
Oct 201101,06084.983.65$3,867
Sep 2011076383.623.99$3,041
Aug 201117299483.404.15$18,469
Jul 2011088394.144.52$3,989
Jun 201111,40692.904.64$6,617
May 201111,03498.134.40$4,653
Apr 20111905105.964.33$4,028
Mar 201111,07096.364.06$4,438
Feb 2011094885.644.18$3,963
Jan 201101,32886.504.59$6,094
Dec 201001,06885.734.35$4,643
Nov 2010077380.843.80$2,934
Oct 2010099778.103.51$3,498
Sep 201002,13872.633.98$8,508
Aug 201001,78773.684.42$7,897
Jul 201001,88672.554.74$8,933
Jun 201001,64270.364.91$8,063
May 2010093471.124.24$3,956
Apr 201001,62681.694.12$6,703
Mar 201001,49678.394.39$6,565
Feb 201001,64173.585.44$8,931
Jan 201001,69374.365.96$10,097
Dec 200901,67971.445.48$9,207
Nov 200901,84074.593.75$6,903
Oct 200901,76172.544.11$7,238
Sep 200902,49265.543.06$7,637
Aug 200902,54267.423.22$8,181
Jul 200901,46161.133.46$5,062
Jun 200901,42766.163.90$5,558
May 200902,28154.743.93$8,955
Apr 200901,62246.773.59$5,819
Mar 200901,72542.144.06$7,002
Feb 200902,10032.814.63$9,729
Jan 200901,64535.865.37$8,835
Dec 20080037.105.98$0
Nov 200811,47055.496.86$10,140
Oct 200801,88475.246.92$13,041
Sep 200801,883101.767.88$14,833
Aug 200802,410114.228.48$20,444
Jul 200802,368131.0811.39$26,970
Jun 200801,658131.3313.03$21,608
May 200802,172123.1711.57$25,139
Apr 20080999110.3110.45$10,444
Mar 200802,300101.909.66$22,227
Feb 200802,78592.538.77$24,426
Jan 200803,24190.388.21$26,595
Dec 200703,71188.337.30$27,098
Nov 200703,88291.677.29$28,306
Oct 200701,69682.856.92$11,740
Sep 200701,72075.846.24$10,740
Aug 200703,01669.066.39$19,266
Jul 200703,89170.906.39$24,855
Jun 200701,31162.007.55$9,896
May 200703,67558.747.85$28,835
Apr 200723,36159.617.81$26,353
Mar 20071852,13556.927.30$26,120
Feb 200703,21055.108.22$26,373
Jan 200704,00550.306.73$26,941
Dec 200604,09656.656.92$28,338
Nov 200634,37854.207.62$33,512
Oct 200624,35154.906.01$26,276
Sep 200604,47460.085.04$22,536
Aug 200604,89868.717.34$35,951
Jul 200604,93369.376.34$31,289
Jun 200604,43766.286.38$28,325
May 200605,05766.016.42$32,491
Apr 200604,89564.397.36$36,030
Mar 200604,99656.707.08$35,386
Feb 200603,62257.597.75$28,075
Jan 200605,57560.598.93$49,803
Dec 200519,06554.9413.42$121,666
Nov 200505,52154.6910.59$58,459
Oct 200506,19058.3413.80$85,396
Sep 200506,37061.4512.08$76,943
Aug 200507,23761.519.80$70,900
Jul 200508,59755.697.84$67,432
Jun 200509,43952.337.38$69,670
May 20051858,68445.226.65$66,124
Apr 200519,21249.207.36$67,854
Mar 2005010,61350.377.15$75,935
Feb 2005012,47745.226.31$78,754
Jan 2005018,64243.166.32$117,858
Dec 200406,94139.866.75$46,859

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.

Apr 2024 — as filed, then multipliedworked
Condensate           170 bbl  × $ 84.45 =    $14,357
Gas                    0 Mcf  × $  1.66 =         $0

────────────────────────────────────────────────────
Month total                                  $14,357

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/206979 is the state's own key, not one this site invented.