EASTMAN CHEMICAL COMPANY GU 1

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

Gas lease lease 221938District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jun 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
240
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112006-12-15171899
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
CondensateDisposition56 bbl$3,593
GasProduction231,542 Mcf$1,489,558
Total$1,493,151

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 32.4083, -94.6542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40826, -94.65423 · 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
10,760 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 10,760 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-20333440210,760 ftMay 2022

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 (240)

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

240 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 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 20220272101.587.54$2,051
Jun 2022060115.097.98$479
May 20220154109.378.43$1,299
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020072239.982.39$1,722
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201902952.782.49$72
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018019659.543.11$609
Aug 2018029059.403.07$889
Jul 2018054265.142.93$1,589
Jun 201801660.183.08$49
May 2018062065.382.90$1,799
Apr 2018059463.842.90$1,723
Mar 2018037361.222.79$1,039
Feb 2018030661.782.77$846
Jan 2018017662.874.01$706
Dec 2017053857.272.92$1,572
Nov 2017043455.423.12$1,353
Oct 2017017849.292.98$531
Sep 20170947.523.09$28
Aug 20170745.373.00$21
Jul 201701143.873.09$34
Jun 201708242.493.09$253
May 2017015345.373.26$499
Apr 2017030447.933.21$976
Mar 2017040646.772.98$1,211
Feb 2017024250.452.95$715
Jan 2017040949.413.42$1,398
Dec 2016022848.763.72$849
Nov 2016012242.492.64$323
Oct 2016064646.193.09$1,996
Sep 2016037641.553.10$1,166
Aug 2016011341.442.92$330
Jul 2016015541.622.92$453
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016064536.561.99$1,284
Mar 201601,31533.011.79$2,359
Feb 2016089426.472.06$1,845
Jan 2016013527.352.36$319
Dec 201504232.362.00$84
Nov 2015011038.792.17$238
Oct 2015018343.552.43$444
Sep 2015026842.992.76$739
Aug 2015010540.162.87$302
Jul 2015035748.152.95$1,051
Jun 2015016156.152.88$464
May 2015013955.212.96$411
Apr 2015032049.822.71$866
Mar 2015077742.892.93$2,280
Feb 2015036244.662.98$1,077
Jan 2015053843.433.10$1,668
Dec 2014057754.693.59$2,072
Nov 201408570.464.25$361
Oct 2014056278.303.90$2,192
Sep 2014044186.164.05$1,784
Aug 20140089.394.04$0
Jul 2014044496.564.18$1,856
Jun 2014048398.164.74$2,288
May 2014014494.734.73$681
Apr 2014048395.944.81$2,323
Mar 201405495.895.06$273
Feb 2014014597.406.19$898
Jan 2014010790.404.86$520
Dec 2013016591.824.35$718
Nov 2013012688.853.74$471
Oct 2013011797.423.78$442
Sep 20130171104.113.72$636
Aug 20130114104.253.52$402
Jul 20130150102.523.72$558
Jun 2013014094.403.93$551
May 2013014294.834.15$589
Apr 2013013793.964.28$587
Mar 2013013893.623.91$540
Feb 2013010691.233.42$363
Jan 2013010291.603.42$349
Dec 2012013486.773.42$458
Nov 20120086.953.62$0
Oct 2012017389.383.40$588
Sep 2012016794.672.92$487
Aug 2012021592.662.91$625
Jul 2012025285.133.02$761
Jun 2012028679.822.52$720
May 2012034991.612.49$868
Apr 20120320101.652.00$639
Mar 20120315105.052.22$700
Feb 20120240101.102.57$617
Jan 2012028698.092.73$782
Dec 2011028696.873.24$927
Nov 2011026295.723.31$868
Oct 2011026984.983.65$981
Sep 2011028583.623.99$1,136
Aug 2011032883.404.15$1,361
Jul 2011040294.144.52$1,816
Jun 2011042492.904.64$1,967
May 2011052498.134.40$2,308
Apr 20110522105.964.33$2,262
Mar 2011050196.364.06$2,033
Feb 2011046285.644.18$1,931
Jan 2011050386.504.59$2,308
Dec 2010046785.734.35$2,030
Nov 2010039280.843.80$1,488
Oct 2010052878.103.51$1,853
Sep 2010068272.633.98$2,714
Aug 2010081573.684.42$3,602
Jul 2010066172.554.74$3,131
Jun 2010067570.364.91$3,315
May 2010071971.124.24$3,045
Apr 2010071081.694.12$2,927
Mar 2010019378.394.39$847
Feb 2010037973.585.44$2,063
Jan 2010098774.365.96$5,887
Dec 2009058671.445.48$3,213
Nov 20090074.593.75$0
Oct 2009085172.544.11$3,498
Sep 2009098165.543.06$3,007
Aug 200901,09567.423.22$3,524
Jul 2009098461.133.46$3,409
Jun 2009078666.163.90$3,061
May 200901,10854.743.93$4,350
Apr 200901,85446.773.59$6,651
Mar 200902,01842.144.06$8,191
Feb 200901,05932.814.63$4,906
Jan 200901,05335.865.37$5,656
Dec 2008033237.105.98$1,984
Nov 200801,38955.496.86$9,529
Oct 200802,44975.246.92$16,952
Sep 200802,530101.767.88$19,929
Aug 200802,871114.228.48$24,355
Jul 200803,171131.0811.39$36,116
Jun 200802,674131.3313.03$34,849
May 200802,775123.1711.57$32,119
Apr 200812,340110.3110.45$24,575
Mar 200852,371101.909.66$23,423
Feb 200802,84592.538.77$24,952
Jan 200802,87190.388.21$23,559
Dec 200703,06488.337.30$22,373
Nov 200713,37791.677.29$24,716
Oct 200713,70782.856.92$25,743
Sep 200753,99275.846.24$25,306
Aug 200703,97269.066.39$25,373
Jul 200701,98170.906.39$12,655
Jun 200702,91862.007.55$22,026
May 200772,94558.747.85$23,518
Apr 200704,46459.617.81$34,842
Mar 2007214,65556.927.30$35,186
Feb 200705,60355.108.22$46,034
Jan 200709,05650.306.73$60,918
Dec 2006010,54956.656.92$72,983
Nov 20061510,55054.207.62$81,177
Oct 2006012,35754.906.01$74,313
Sep 2006014,56160.085.04$73,347
Aug 2006018,03768.717.34$132,390
Jul 2006028,10669.376.34$178,270
Jun 2006011,69566.286.38$74,659

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.

Jul 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $101.58 =         $0
Gas                  272 Mcf  × $  7.54 =     $2,051

────────────────────────────────────────────────────
Month total                                   $2,051

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/221938 is the state's own key, not one this site invented.