KEASLER, JOHN K.

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 216138District 06Field 520020502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Oct 2005 – May 2026
Value, last 12 filed months
$213 k
at the published price for each month
Months reported
248
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 Gas112006-06-26166176
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
CondensateDisposition1,171 bbl$77,663
GasProduction1,513,588 Mcf$8,107,015
Total$8,184,678

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 32.5958, -94.6505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59577, -94.65047 · 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
10,730 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 10,730 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-203330761010,730 ftOct 2005

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 (248)

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

248 months

May 202607,383106.413.05$22,487
Apr 202607,67898.932.87$22,034
Mar 202607,21289.753.15$22,714
Feb 202604,34363.503.75$16,288
Jan 202605,06659.138.00$40,517
Dec 202506,19256.664.41$27,328
Nov 202503,85958.593.93$15,152
Oct 202503,13359.383.30$10,354
Sep 202503,26662.743.08$10,049
Aug 202502,69763.933.01$8,131
Jul 202503,02666.743.32$10,032
Jun 202502,63766.483.13$8,250
May 202502,54860.553.23$8,236
Apr 202522,69562.363.54$9,673
Mar 202551,55067.704.27$6,954
Feb 2025098870.884.34$4,289
Jan 202551,61774.324.28$7,290
Dec 2024132,09568.993.12$7,436
Nov 202441,57469.052.20$3,737
Oct 202401,33671.372.28$3,048
Sep 202451,57469.612.36$4,070
Aug 2024122,32075.632.06$5,695
Jul 202442,29579.932.15$5,246
Jun 202412,57278.082.63$6,853
May 202442,53778.812.20$5,893
Apr 202423,26584.451.66$5,586
Mar 202463,45380.301.55$5,817
Feb 202493,37576.091.78$6,705
Jan 2024132,89573.023.30$10,496
Dec 2023113,17171.262.61$9,062
Nov 202343,03177.892.81$8,821
Oct 202393,31985.443.09$11,016
Sep 202353,09689.042.74$8,913
Aug 2023123,24180.522.67$9,629
Jul 202353,07574.852.64$8,498
Jun 202343,66168.962.26$8,544
May 2023163,26970.622.23$8,411
Apr 2023131,74878.122.24$4,927
Mar 2023113,48772.852.39$9,146
Feb 2023123,03275.112.47$8,377
Jan 202343,85076.533.39$13,349
Dec 202214,08476.415.73$23,474
Nov 202203,98785.005.65$22,511
Oct 202204,30587.185.86$25,243
Sep 202294,53784.888.16$37,803
Aug 2022153,86894.529.13$36,722
Jul 202214,256101.587.54$32,201
Jun 202221,779115.097.98$14,422
May 2022184,271109.378.43$37,986
Apr 202223,701104.226.84$25,514
Mar 2022164,639108.885.08$25,292
Feb 202272,62391.054.86$13,382
Jan 202274,22481.844.54$19,740
Dec 202184,14871.323.90$16,744
Nov 202183,43377.435.24$18,598
Oct 202163,95679.795.71$23,083
Sep 202104,02169.865.35$21,516
Aug 2021123,26166.024.22$14,556
Jul 202135,57170.783.98$22,397
Jun 202164,52969.493.38$15,728
May 202154,55663.483.02$14,066
Apr 2021104,19860.362.76$12,183
Mar 202124,23261.302.72$11,621
Feb 202162,13257.805.55$12,175
Jan 2021123,81150.412.81$11,315
Dec 202043,96444.642.68$10,784
Nov 202043,76838.772.71$10,353
Oct 202024,40736.972.48$10,996
Sep 202083,16737.091.99$6,602
Aug 202003,73439.982.39$8,906
Jul 202053,70838.371.83$6,959
Jun 202033,78534.901.69$6,503
May 202085,57316.921.81$10,249
Apr 202034,61014.751.80$8,362
Mar 2020115,10030.341.86$9,801
Feb 2020134,56449.881.98$9,688
Jan 2020133,43957.252.09$7,948
Dec 2019103,52059.012.30$8,701
Nov 201912,48955.302.75$6,902
Oct 201982,50853.472.42$6,493
Sep 201911,57855.052.66$4,248
Aug 201912,03053.112.30$4,731
Jul 201903,42756.272.46$8,431
Jun 201902,46852.782.49$6,148
May 201971,48858.482.74$4,487
Apr 201921,32762.632.75$3,775
Mar 2019151,61056.803.06$5,782
Feb 2019211,45950.852.79$5,142
Jan 2019211,85346.033.23$6,948
Dec 2018242,15846.594.19$10,150
Nov 2018242,31552.934.24$11,080
Oct 2018171,94761.443.40$7,661
Sep 2018181,99659.543.11$7,275
Aug 201801,92259.403.07$5,894
Jul 2018182,05265.142.93$7,189
Jun 2018172,15860.183.08$7,663
May 2018202,66765.382.90$9,044
Apr 2018222,66963.842.90$9,147
Mar 2018202,63361.222.79$8,562
Feb 2018252,11461.782.77$7,392
Jan 201811,80362.874.01$7,292
Dec 2017282,36857.272.92$8,522
Nov 2017352,48655.423.12$9,692
Oct 201722,66449.292.98$8,047
Sep 2017392,32847.523.09$9,040
Aug 201722,66745.373.00$8,103
Jul 201722,71243.873.09$8,460
Jun 201723,04742.493.09$9,492
May 201723,19845.373.26$10,527
Apr 201703,20047.933.21$10,277
Mar 201703,14946.772.98$9,396
Feb 201722,96550.452.95$8,855
Jan 201713,00149.413.42$10,309
Dec 201612,24548.763.72$8,407
Nov 201601,58142.492.64$4,181
Oct 201601,53946.193.09$4,756
Sep 201603,74741.553.10$11,618
Aug 201603,75541.442.92$10,981
Jul 201614,75941.622.92$13,959
Jun 201601,92545.352.69$5,170
May 201613,44142.521.99$6,894
Apr 201632,62136.561.99$5,328
Mar 201621,96833.011.79$3,597
Feb 201622,90326.472.06$6,044
Jan 201623,17727.352.36$7,566
Dec 201503,50732.362.00$7,019
Nov 201502,69438.792.17$5,839
Oct 201503,52543.552.43$8,554
Sep 201504,38942.992.76$12,107
Aug 201504,09540.162.87$11,763
Jul 201504,40648.152.95$12,976
Jun 2015398056.152.88$2,994
May 201514,96955.212.96$14,741
Apr 201504,39749.822.71$11,901
Mar 201535,32442.892.93$15,753
Feb 201504,85644.662.98$14,452
Jan 201514,93943.433.10$15,357
Dec 201403,97054.693.59$14,258
Nov 201403,83570.464.25$16,306
Oct 201414,39678.303.90$17,227
Sep 201404,99486.164.05$20,203
Aug 201404,04289.394.04$16,310
Jul 201403,95496.564.18$16,526
Jun 201434,71398.164.74$22,619
May 201415,02294.734.73$23,832
Apr 201414,99195.944.81$24,098
Mar 201405,86795.895.06$29,668
Feb 201405,02797.406.19$31,127
Jan 201403,65090.404.86$17,742
Dec 201314,74291.824.35$20,741
Nov 201305,27588.853.74$19,719
Oct 201306,79897.423.78$25,692
Sep 201304,922104.113.72$18,299
Aug 201315,779104.253.52$20,461
Jul 201317,030102.523.72$26,238
Jun 201326,04894.403.93$23,978
May 201347,00894.834.15$29,456
Apr 201305,40393.964.28$23,139
Mar 201307,46993.623.91$29,225
Feb 201326,88491.233.42$23,725
Jan 201306,77291.603.42$23,160
Dec 201227,43086.773.42$25,585
Nov 201227,29986.953.62$26,632
Oct 201207,14689.383.40$24,294
Sep 201217,05394.672.92$20,678
Aug 201206,80392.662.91$19,784
Jul 201206,86685.133.02$20,741
Jun 201216,60879.822.52$16,726
May 201206,85791.612.49$17,062
Apr 201206,827101.652.00$13,632
Mar 201207,125105.052.22$15,832
Feb 201206,673101.102.57$17,151
Jan 201217,58498.092.73$20,833
Dec 201127,83296.873.24$25,567
Nov 201107,36395.723.31$24,381
Oct 201107,55384.983.65$27,557
Sep 201117,33983.623.99$29,335
Aug 201107,22683.404.15$29,983
Jul 201106,93194.144.52$31,309
Jun 201116,84992.904.64$31,871
May 201107,84198.134.40$34,538
Apr 201117,422105.964.33$32,268
Mar 201117,93496.364.06$32,287
Feb 201107,20285.644.18$30,104
Jan 2011668,71286.504.59$45,686
Dec 201018,16985.734.35$35,603
Nov 201019,22380.843.80$35,085
Oct 201039,70878.103.51$34,299
Sep 201006,33572.633.98$25,210
Aug 201018,74773.684.42$38,730
Jul 201019,08372.554.74$43,094
Jun 201017,93670.364.91$39,039
May 201048,72171.124.24$37,220
Apr 201028,41281.694.12$34,843
Mar 201028,62378.394.39$38,000
Feb 201016,81173.585.44$37,141
Jan 201015,46874.365.96$32,686
Dec 200927,58771.445.48$41,748
Nov 200958,59374.593.75$32,610
Oct 200929,16772.544.11$37,824
Sep 200919,60465.543.06$29,499
Aug 200929,38767.423.22$30,347
Jul 200949,94561.133.46$34,699
Jun 200909,48266.163.90$36,932
May 200909,75054.743.93$38,276
Apr 200909,08946.773.59$32,607
Mar 200947,79142.144.06$31,792
Feb 200937,12632.814.63$33,113
Jan 200918,00835.865.37$43,047
Dec 200828,58637.105.98$51,394
Nov 200828,62655.496.86$59,288
Oct 200828,56875.246.92$59,458
Sep 200837,621101.767.88$60,337
Aug 200848,920114.228.48$76,125
Jul 200818,329131.0811.39$94,994
Jun 200825,415131.3313.03$70,834
May 2008510,671123.1711.57$124,125
Apr 200859,130110.3110.45$96,004
Mar 2008210,964101.909.66$106,161
Feb 200817,55492.538.77$66,345
Jan 200817,15790.388.21$58,819
Dec 2007611,15888.337.30$82,005
Nov 2007311,21191.677.29$82,022
Oct 2007313,89382.856.92$96,416
Sep 2007211,88075.846.24$74,332
Aug 200708,16269.066.39$52,138
Jul 200709,41370.906.39$60,130
Jun 2007010,09162.007.55$76,171
May 200707,94858.747.85$62,362
Apr 2007313,81259.617.81$107,984
Mar 2007114,91856.927.30$108,988
Feb 2007114,24655.108.22$117,100
Jan 2007416,52650.306.73$111,369
Dec 2006615,44856.656.92$107,216
Nov 2006213,25654.207.62$101,086
Oct 2006420,86854.906.01$125,716
Sep 2006423,22660.085.04$117,234
Aug 20061023,48968.717.34$173,094
Jul 20061026,79169.376.34$170,623
Jun 2006927,26966.286.38$174,679
May 2006315,94866.016.42$102,664
Apr 20061013,69164.397.36$101,416
Mar 2006016,45756.707.08$116,564
Feb 2006815,31157.597.75$119,138
Jan 20061120,32460.598.93$182,227
Dec 2005820,69554.9413.42$278,071
Nov 20051728,88954.6910.59$306,818
Oct 20052936,47658.3413.80$504,906

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                7,383 Mcf  × $  3.05 =    $22,487

────────────────────────────────────────────────────
Month total                                  $22,487

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/216138 is the state's own key, not one this site invented.