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 215981District 06Field 520020502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
May 2005 – Aug 2023
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
220
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 Gas112006-12-15171794
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
CondensateDisposition530 bbl$37,942
GasProduction295,831 Mcf$1,892,076
Total$1,930,019

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 32.5924, -94.6737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59237, -94.67367 · 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
0.0%
0 of 1 wells
Median depth
10,705 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
1100.0%
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.
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 10,705 ft.

Completions filed
Aug 2023
1 of 1 wells

1 well

42-20333109210,705 ftAug 2023Yes

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 (220)

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

220 months

Aug 202352080.522.67$4,187
Jul 202305774.852.64$151
Jun 202309368.962.26$210
May 2023017570.622.23$390
Apr 2023024578.122.24$548
Mar 2023037972.852.39$907
Feb 2023026275.112.47$646
Jan 20230076.533.39$0
Dec 2022021976.415.73$1,255
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022028484.888.16$2,318
Aug 2022027894.529.13$2,537
Jul 20220300101.587.54$2,263
Jun 20220336115.097.98$2,680
May 20220625109.378.43$5,271
Apr 20220646104.226.84$4,417
Mar 20220330108.885.08$1,675
Feb 2022063791.054.86$3,095
Jan 2022024281.844.54$1,098
Dec 2021048271.323.90$1,879
Nov 2021037677.435.24$1,969
Oct 2021037779.795.71$2,154
Sep 2021033569.865.35$1,793
Aug 2021066066.024.22$2,786
Jul 2021073970.783.98$2,943
Jun 2021067069.493.38$2,265
May 2021023863.483.02$718
Apr 2021043260.362.76$1,192
Mar 2021025061.302.72$679
Feb 2021020657.805.55$1,143
Jan 2021034050.412.81$955
Dec 2020029044.642.68$776
Nov 2020026238.772.71$709
Oct 2020039336.972.48$974
Sep 2020010937.091.99$217
Aug 202011339.982.39$71
Jul 2020334638.371.83$747
Jun 2020037334.901.69$630
May 2020052116.921.81$945
Apr 2020040514.751.80$731
Mar 2020032630.341.86$605
Feb 2020035749.881.98$707
Jan 2020042157.252.09$882
Dec 2019056059.012.30$1,290
Nov 2019017755.302.75$487
Oct 2019015853.472.42$382
Sep 2019029455.052.66$781
Aug 201906153.112.30$141
Jul 2019010256.272.46$251
Jun 2019020352.782.49$506
May 2019012258.482.74$334
Apr 2019039162.632.75$1,076
Mar 2019019456.803.06$594
Feb 2019066550.852.79$1,857
Jan 2019054446.033.23$1,756
Dec 2018036546.594.19$1,528
Nov 2018039852.934.24$1,686
Oct 20184915561.443.40$3,537
Sep 2018024859.543.11$771
Aug 201804159.403.07$126
Jul 2018018365.142.93$537
Jun 2018021460.183.08$658
May 2018057765.382.90$1,674
Apr 2018051563.842.90$1,494
Mar 2018071861.222.79$2,001
Feb 2018024661.782.77$680
Jan 2018034562.874.01$1,383
Dec 2017060657.272.92$1,770
Nov 201701,19555.423.12$3,726
Oct 2017096649.292.98$2,882
Sep 2017065547.523.09$2,022
Aug 2017058145.373.00$1,746
Jul 2017066143.873.09$2,041
Jun 2017046142.493.09$1,423
May 2017045545.373.26$1,485
Apr 2017034047.933.21$1,092
Mar 2017168246.772.98$2,082
Feb 2017065950.452.95$1,946
Jan 2017041949.413.42$1,432
Dec 201601,16848.763.72$4,348
Nov 201601,11442.492.64$2,946
Oct 2016041346.193.09$1,276
Sep 2016037741.553.10$1,169
Aug 2016052241.442.92$1,527
Jul 201601,70041.622.92$4,971
Jun 2016050745.352.69$1,362
May 2016033042.521.99$657
Apr 2016078536.561.99$1,563
Mar 201601,28133.011.79$2,298
Feb 2016082426.472.06$1,700
Jan 2016028627.352.36$676
Dec 2015030532.362.00$610
Nov 201501,05538.792.17$2,287
Oct 201501,85443.552.43$4,499
Sep 2015033342.992.76$919
Aug 2015058140.162.87$1,669
Jul 2015038148.152.95$1,122
Jun 2015019956.152.88$574
May 2015057455.212.96$1,696
Apr 2015047249.822.71$1,278
Mar 2015083642.892.93$2,453
Feb 2015068844.662.98$2,048
Jan 201501,28543.433.10$3,984
Dec 201401,07354.693.59$3,854
Nov 2014099770.464.25$4,239
Oct 201421,00278.303.90$4,065
Sep 201401,03286.164.05$4,175
Aug 201401,01589.394.04$4,096
Jul 2014064096.564.18$2,675
Jun 2014046398.164.74$2,193
May 2014086294.734.73$4,074
Apr 20143724095.944.81$4,704
Mar 2014148495.895.06$2,543
Feb 2014062597.406.19$3,870
Jan 2014121590.404.86$1,135
Dec 2013055191.824.35$2,399
Nov 2013063688.853.74$2,378
Oct 2013168797.423.78$2,694
Sep 20130863104.113.72$3,208
Aug 20130914104.253.52$3,220
Jul 201301,091102.523.72$4,056
Jun 201301,39294.403.93$5,475
May 201301,03694.834.15$4,298
Apr 2013050193.964.28$2,146
Mar 2013080993.623.91$3,166
Feb 2013055291.233.42$1,888
Jan 2013059891.603.42$2,045
Dec 2012074786.773.42$2,555
Nov 2012084886.953.62$3,074
Oct 2012067789.383.40$2,302
Sep 2012085194.672.92$2,484
Aug 201201,50492.662.91$4,374
Jul 201201,33485.133.02$4,030
Jun 20121881,14979.822.52$17,901
May 2012166391.612.49$1,741
Apr 20120768101.652.00$1,534
Mar 20121613105.052.22$1,467
Feb 20122521101.102.57$1,541
Jan 2012338498.092.73$1,344
Dec 2011061696.873.24$1,996
Nov 2011032995.723.31$1,089
Oct 2011053584.983.65$1,952
Sep 2011147883.623.99$1,989
Aug 201111,63283.404.15$6,855
Jul 2011056794.144.52$2,561
Jun 201101,05792.904.64$4,904
May 2011178298.134.40$3,543
Apr 20111667105.964.33$2,996
Mar 2011169696.364.06$2,920
Feb 2011054885.644.18$2,291
Jan 201101,12386.504.59$5,153
Dec 2010187185.734.35$3,873
Nov 2010087980.843.80$3,336
Oct 201001,16778.103.51$4,095
Sep 2010080772.633.98$3,211
Aug 2010062173.684.42$2,744
Jul 201001,00472.554.74$4,755
Jun 2010079670.364.91$3,909
May 201002,75971.124.24$11,685
Apr 201002,29881.694.12$9,474
Mar 201002,87978.394.39$12,635
Feb 201002,47473.585.44$13,464
Jan 201002,70574.365.96$16,133
Dec 200903,32171.445.48$18,212
Nov 200922,58774.593.75$9,854
Oct 200903,84672.544.11$15,808
Sep 200902,72665.543.06$8,355
Aug 200901,81567.423.22$5,842
Jul 200902,93661.133.46$10,172
Jun 200902,03566.163.90$7,926
May 200902,42554.743.93$9,520
Apr 200902,27646.773.59$8,165
Mar 200902,07542.144.06$8,422
Feb 200902,87232.814.63$13,306
Jan 200901,02635.865.37$5,511
Dec 20080637.105.98$36
Nov 200801,76655.496.86$12,115
Oct 200802,48275.246.92$17,180
Sep 200801,555101.767.88$12,249
Aug 200802,428114.228.48$20,597
Jul 200802,572131.0811.39$29,294
Jun 200802,064131.3313.03$26,899
May 200802,623123.1711.57$30,359
Apr 200802,098110.3110.45$21,934
Mar 200803,505101.909.66$33,873
Feb 200802,47692.538.77$21,716
Jan 200801,92190.388.21$15,763
Dec 200702,72288.337.30$19,876
Nov 2007099091.677.29$7,219
Oct 2007088582.856.92$6,126
Sep 2007069275.846.24$4,321
Aug 200701,74769.066.39$11,160
Jul 200701,99770.906.39$12,757
Jun 200702,55562.007.55$19,286
May 200702,79858.747.85$21,954
Apr 200701,53259.617.81$11,958
Mar 20071662,68456.927.30$29,047
Feb 200702,73455.108.22$22,463
Jan 200722,07150.306.73$14,032
Dec 200602,55656.656.92$17,684
Nov 200633,11254.207.62$23,868
Oct 200683,06854.906.01$18,890
Sep 200603,74760.085.04$18,874
Aug 200603,90768.717.34$28,677
Jul 200603,40069.376.34$21,565
Jun 200603,54466.286.38$22,624
May 200602,54566.016.42$16,352
Apr 200604,04564.397.36$29,773
Mar 200604,48256.707.08$31,746
Feb 200604,84057.597.75$37,515
Jan 200605,51960.598.93$49,303
Dec 200508,61154.9413.42$115,520
Nov 200505,43254.6910.59$57,516
Oct 200506,09358.3413.80$84,058
Sep 200506,96861.4512.08$84,166
Aug 200507,58761.519.80$74,329
Jul 200509,24155.697.84$72,483
Jun 2005011,86152.337.38$87,547
May 2005012,74845.226.65$84,789

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.

Aug 2023 — as filed, then multipliedworked
Condensate            52 bbl  × $ 80.52 =     $4,187
Gas                    0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $4,187

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/215981 is the state's own key, not one this site invented.