BUFFIN

Operated by MARTIN CANNON INTERESTS, LLC (P-5 528380) in the WASKOM (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 222556District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jul 2006 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
239
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-12-15170797
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
CondensateDisposition1,497 bbl$111,739
GasProduction346,071 Mcf$2,096,569
Total$2,208,309

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 32.4769, -94.1753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47689, -94.17533 · 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
9,810 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 9,810 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-2033346929,810 ftAug 2006

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 (239)

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

239 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 202575066.743.32$5,006
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 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 20200039.982.39$0
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 20190052.782.49$0
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 2018033559.543.11$1,041
Aug 2018045559.403.07$1,395
Jul 2018044965.142.93$1,316
Jun 2018048160.183.08$1,480
May 2018047665.382.90$1,381
Apr 2018042063.842.90$1,218
Mar 2018043761.222.79$1,218
Feb 2018036961.782.77$1,021
Jan 2018038662.874.01$1,548
Dec 2017044557.272.92$1,300
Nov 2017040955.423.12$1,275
Oct 2017043349.292.98$1,292
Sep 2017045647.523.09$1,408
Aug 2017057045.373.00$1,713
Jul 2017065743.873.09$2,028
Jun 2017065442.493.09$2,019
May 2017064745.373.26$2,111
Apr 2017059347.933.21$1,904
Mar 2017068846.772.98$2,053
Feb 2017059250.452.95$1,748
Jan 2017064349.413.42$2,198
Dec 2016061348.763.72$2,282
Nov 2016069442.492.64$1,835
Oct 2016072846.193.09$2,250
Sep 2016064741.553.10$2,006
Aug 2016064241.442.92$1,877
Jul 2016076341.622.92$2,231
Jun 2016073045.352.69$1,961
May 2016073642.521.99$1,465
Apr 2016077336.561.99$1,539
Mar 20167970633.011.79$3,874
Feb 2016060726.472.06$1,253
Jan 2016074527.352.36$1,761
Dec 2015070532.362.00$1,411
Nov 2015080738.792.17$1,749
Oct 2015078543.552.43$1,905
Sep 2015087442.992.76$2,411
Aug 2015089440.162.87$2,568
Jul 2015095148.152.95$2,801
Jun 2015091556.152.88$2,638
May 2015068355.212.96$2,019
Apr 2015072949.822.71$1,973
Mar 2015087742.892.93$2,574
Feb 2015051444.662.98$1,530
Jan 2015080343.433.10$2,490
Dec 2014079554.693.59$2,855
Nov 2014064870.464.25$2,755
Oct 2014062278.303.90$2,426
Sep 2014092186.164.05$3,726
Aug 2014099089.394.04$3,995
Jul 2014086396.564.18$3,607
Jun 2014088498.164.74$4,187
May 2014099594.734.73$4,703
Apr 2014091795.944.81$4,410
Mar 2014078795.895.06$3,980
Feb 2014076497.406.19$4,731
Jan 2014086090.404.86$4,180
Dec 2013087891.824.35$3,823
Nov 2013075988.853.74$2,837
Oct 2013068097.423.78$2,570
Sep 20130872104.113.72$3,242
Aug 20130972104.253.52$3,424
Jul 2013671,009102.523.72$10,620
Jun 2013097694.403.93$3,839
May 201301,04594.834.15$4,336
Apr 2013094593.964.28$4,047
Mar 2013089493.623.91$3,498
Feb 2013085191.233.42$2,910
Jan 2013085991.603.42$2,938
Dec 2012088986.773.42$3,041
Nov 2012088886.953.62$3,219
Oct 2012093589.383.40$3,179
Sep 2012095894.672.92$2,796
Aug 201201,13092.662.91$3,286
Jul 201201,29885.133.02$3,921
Jun 201201,38779.822.52$3,494
May 201201,55191.612.49$3,859
Apr 201201,127101.652.00$2,250
Mar 201201,139105.052.22$2,531
Feb 20120932101.102.57$2,395
Jan 2012099498.092.73$2,718
Dec 201101,01796.873.24$3,295
Nov 201101,07395.723.31$3,553
Oct 2011098384.983.65$3,587
Sep 2011096883.623.99$3,858
Aug 201101,06583.404.15$4,419
Jul 201101,27394.144.52$5,750
Jun 201101,32492.904.64$6,143
May 201101,51698.134.40$6,678
Apr 2011791,459105.964.33$14,693
Mar 201101,54796.364.06$6,277
Feb 201101,42085.644.18$5,936
Jan 201101,39686.504.59$6,406
Dec 201001,54885.734.35$6,730
Nov 201001,52480.843.80$5,784
Oct 201001,60078.103.51$5,614
Sep 201001,66172.633.98$6,610
Aug 201001,69673.684.42$7,495
Jul 201001,64272.554.74$7,777
Jun 201001,65870.364.91$8,141
May 201001,75471.124.24$7,429
Apr 201001,72681.694.12$7,116
Mar 201001,75378.394.39$7,693
Feb 201001,66973.585.44$9,083
Jan 201001,97874.365.96$11,797
Dec 200902,21071.445.48$12,119
Nov 200902,00574.593.75$7,522
Oct 200902,20072.544.11$9,043
Sep 200901,99465.543.06$6,111
Aug 20091672,30167.423.22$18,665
Jul 200902,32061.133.46$8,038
Jun 200902,24666.163.90$8,748
May 200902,62954.743.93$10,321
Apr 200902,86446.773.59$10,275
Mar 200903,34442.144.06$13,573
Feb 200902,29932.814.63$10,651
Jan 200904,29335.865.37$23,058
Dec 200804,61437.105.98$27,579
Nov 200804,66955.496.86$32,031
Oct 200804,39975.246.92$30,450
Sep 20081394,349101.767.88$48,402
Aug 200805,512114.228.48$46,758
Jul 200805,218131.0811.39$59,430
Jun 200805,461131.3313.03$71,171
May 200806,067123.1711.57$70,221
Apr 20081656,107110.3110.45$82,049
Mar 200808101.909.66$77
Feb 200804,17192.538.77$36,582
Jan 200805,08590.388.21$41,726
Dec 200704,89588.337.30$35,743
Nov 200704,87791.677.29$35,562
Oct 20071805,02282.856.92$49,675
Sep 200705,11975.846.24$31,964
Aug 200705,17969.066.39$33,083
Jul 200705,57970.906.39$35,638
Jun 20071796,05662.007.55$56,811
May 200707,21558.747.85$56,611
Apr 200707,43959.617.81$58,063
Mar 200709,21056.927.30$67,251
Feb 200708,98355.108.22$73,804
Jan 20071799,58350.306.73$73,467
Dec 2006213,09156.656.92$90,683
Nov 200617013,16854.207.62$109,521
Oct 2006617,61154.906.01$106,238
Sep 2006924,16360.085.04$122,255
Aug 2006013,57268.717.34$99,617
Jul 200611,16469.376.34$7,452

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 2025 — as filed, then multipliedworked
Condensate            75 bbl  × $ 66.74 =     $5,006
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                   $5,006

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/222556 is the state's own key, not one this site invented.