ROWE

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

Gas lease lease 218769District 06Field 129528002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Dec 2005 – Oct 2015
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
119
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2005-12-29
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 2006-07-06.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/2008.

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 Gas112009-02-25189683
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
CondensateDisposition11,104 bbl$808,349
GasProduction339,238 Mcf$2,567,377
Total$3,375,726

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 31.9526, -94.8256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95256, -94.82561 · 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
12,000 ft
1 wells filed one
Completion to plug
9.1 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 12,000 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40133607112,000 ftSep 2006Oct 2015Yes

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 (119)

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

119 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015146056.152.88$8,198
May 20150055.212.96$0
Apr 201517831349.822.71$9,715
Mar 2015532542.892.93$1,168
Feb 2015417644.662.98$702
Jan 2015283543.433.10$2,676
Dec 201432,09754.693.59$7,695
Nov 20141675870.464.25$12,013
Oct 201452,18878.303.90$8,927
Sep 20140286.164.05$8
Aug 201403589.394.04$141
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201202485.133.02$73
Jun 20120079.822.52$0
May 201201891.612.49$45
Apr 2012029101.652.00$58
Mar 2012055105.052.22$122
Feb 2012073101.102.57$188
Jan 2012024898.092.73$678
Dec 201118869296.873.24$20,453
Nov 2011030295.723.31$1,000
Oct 2011092584.983.65$3,375
Sep 201117867283.623.99$17,563
Aug 2011080483.404.15$3,336
Jul 201118612094.144.52$18,052
Jun 20111831,57592.904.64$24,309
May 201101,62698.134.40$7,162
Apr 20111852,903105.964.33$32,182
Mar 20111801,94596.364.06$25,236
Feb 20110085.644.18$0
Jan 201103986.504.59$179
Dec 201002,12385.734.35$9,230
Nov 20101832,43380.843.80$24,028
Oct 20101853,04678.103.51$25,137
Sep 20101855,01472.633.98$33,390
Aug 201002,54573.684.42$11,247
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200940061.133.46$2,445
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901642.144.06$65
Feb 200922,51232.814.63$11,704
Jan 200926,42735.865.37$34,591
Dec 20081765,71537.105.98$40,689
Nov 200835,96055.496.86$41,054
Oct 200816610,97475.246.92$88,452
Sep 200857,831101.767.88$62,194
Aug 200815811,696114.228.48$117,264
Jul 200817110,033131.0811.39$136,685
Jun 200818911,880131.3313.03$179,649
May 20081915,407123.1711.57$180,665
Apr 200837115,692110.3110.45$204,983
Mar 2008814,947101.909.66$145,264
Feb 20083519,41792.538.77$115,071
Jan 2008248,70990.388.21$73,633
Dec 200721612,28988.337.30$108,813
Nov 200737210,99591.677.29$114,273
Oct 2007205,26482.856.92$38,094
Sep 20071863,43375.846.24$35,542
Aug 20071943,70369.066.39$37,052
Jul 20072034,49370.906.39$43,094
Jun 20071807,07762.007.55$64,580
May 20073897,60458.747.85$82,513
Apr 20071736,42559.617.81$60,461
Mar 20073819,18956.927.30$88,784
Feb 200756410,77955.108.22$119,637
Jan 200742313,52750.306.73$112,271
Dec 200636210,07756.656.92$90,224
Nov 20061946,09854.207.62$56,966
Oct 200658818,62554.906.01$144,288
Sep 20061718,40860.085.04$52,626
Aug 20065639,77268.717.34$110,409
Jul 20061,07813,01469.376.34$157,326
Jun 20064107,19366.286.38$73,094
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200658280960.598.93$42,490
Dec 20057854.9413.42$492

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.

Jun 2015 — as filed, then multipliedworked
Condensate           146 bbl  × $ 56.15 =     $8,198
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $8,198

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/218769 is the state's own key, not one this site invented.