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 222696District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Sep 2006 – May 2026
Value, last 12 filed months
$839
at the published price for each month
Months reported
237
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 Gas222007-02-08 – 2007-03-062 dockets
NGPA2none

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
CondensateDisposition398 bbl$30,685
GasProduction238,344 Mcf$1,457,325
Total$1,488,010

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 32.4204, -94.6583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42041, -94.65826 · 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
11,320 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 11,320 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-20333585611,320 ftSep 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 (237)

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

237 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 2025025366.743.32$839
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202515067.704.27$1,016
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 20240475.632.06$8
Jul 20240079.932.15$0
Jun 2024012278.082.63$321
May 202405778.812.20$125
Apr 20240084.451.66$0
Mar 202401080.301.55$15
Feb 20240376.091.78$5
Jan 202403873.023.30$125
Dec 202303071.262.61$78
Nov 2023010777.892.81$300
Oct 202301385.443.09$40
Sep 202305989.042.74$161
Aug 2023020380.522.67$543
Jul 2023012774.852.64$336
Jun 202306568.962.26$147
May 202306370.622.23$140
Apr 202308878.122.24$197
Mar 20230272.852.39$5
Feb 2023023775.112.47$584
Jan 2023029376.533.39$993
Dec 2022010376.415.73$590
Nov 2022010285.005.65$576
Oct 202203587.185.86$205
Sep 20220384.888.16$24
Aug 20220094.529.13$0
Jul 2022036101.587.54$272
Jun 202215115.097.98$155
May 20224615109.378.43$5,158
Apr 20220233104.226.84$1,593
Mar 202200108.885.08$0
Feb 202202791.054.86$131
Jan 202204081.844.54$182
Dec 20210171.323.90$4
Nov 2021033977.435.24$1,775
Oct 2021012379.795.71$703
Sep 2021019069.865.35$1,017
Aug 202107366.024.22$308
Jul 202103470.783.98$135
Jun 2021034469.493.38$1,163
May 2021021963.483.02$661
Apr 2021027060.362.76$745
Mar 202103261.302.72$87
Feb 2021019057.805.55$1,054
Jan 20210050.412.81$0
Dec 2020030544.642.68$816
Nov 202005838.772.71$157
Oct 202009136.972.48$226
Sep 2020065437.091.99$1,302
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202002034.901.69$34
May 202003616.921.81$65
Apr 202006914.751.80$125
Mar 2020063230.341.86$1,173
Feb 2020083949.881.98$1,662
Jan 202001,21257.252.09$2,539
Dec 201901,77959.012.30$4,099
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190355.052.66$8
Aug 201906953.112.30$159
Jul 2019012256.272.46$300
Jun 2019020352.782.49$506
May 2019019658.482.74$537
Apr 2019017362.632.75$476
Mar 2019027556.803.06$842
Feb 2019036650.852.79$1,022
Jan 2019033446.033.23$1,078
Dec 2018019646.594.19$820
Nov 201804952.934.24$208
Oct 201809061.443.40$306
Sep 2018018859.543.11$584
Aug 2018061059.403.07$1,871
Jul 2018034865.142.93$1,020
Jun 2018198760.183.08$1,411
May 2018024865.382.90$719
Apr 2018016463.842.90$476
Mar 2018017261.222.79$479
Feb 2018010061.782.77$277
Jan 2018017862.874.01$714
Dec 2017015557.272.92$453
Nov 2017017855.423.12$555
Oct 201708349.292.98$248
Sep 2017010647.523.09$327
Aug 20172012145.373.00$1,271
Jul 201707543.873.09$232
Jun 201708342.493.09$256
May 201705745.373.26$186
Apr 2017032447.933.21$1,041
Mar 201702946.772.98$87
Feb 201705750.452.95$168
Jan 2017010149.413.42$345
Dec 201608148.763.72$302
Nov 2016011442.492.64$301
Oct 2016013246.193.09$408
Sep 2016010041.553.10$310
Aug 201605541.442.92$161
Jul 201608441.622.92$246
Jun 2016014145.352.69$379
May 20160042.521.99$0
Apr 201607036.561.99$139
Mar 2016010333.011.79$185
Feb 201608626.472.06$177
Jan 2016015327.352.36$362
Dec 201504032.362.00$80
Nov 2015012438.792.17$269
Oct 2015019843.552.43$480
Sep 2015023342.992.76$643
Aug 2015024340.162.87$698
Jul 20151724148.152.95$1,528
Jun 2015050956.152.88$1,467
May 2015064455.212.96$1,903
Apr 2015048849.822.71$1,321
Mar 2015035042.892.93$1,027
Feb 2015039544.662.98$1,176
Jan 2015020043.433.10$620
Dec 2014043654.693.59$1,566
Nov 2014025370.464.25$1,076
Oct 2014017778.303.90$690
Sep 2014022286.164.05$898
Aug 2014023389.394.04$940
Jul 2014023096.564.18$961
Jun 2014023298.164.74$1,099
May 2014924894.734.73$2,025
Apr 2014022995.944.81$1,101
Mar 2014023695.895.06$1,193
Feb 2014020897.406.19$1,288
Jan 2014024990.404.86$1,210
Dec 2013023891.824.35$1,036
Nov 2013021388.853.74$796
Oct 2013027897.423.78$1,051
Sep 20130290104.113.72$1,078
Aug 20130364104.253.52$1,282
Jul 20130383102.523.72$1,424
Jun 20134539894.403.93$5,814
May 2013039494.834.15$1,635
Apr 2013042093.964.28$1,799
Mar 2013239593.623.91$1,733
Feb 2013240291.233.42$1,557
Jan 2013442991.603.42$1,834
Dec 2012065686.773.42$2,244
Nov 2012884986.953.62$3,773
Oct 2012236289.383.40$1,409
Sep 2012276394.672.92$2,416
Aug 2012594792.662.91$3,217
Jul 2012379885.133.02$2,666
Jun 2012366979.822.52$1,925
May 201201,01191.612.49$2,516
Apr 201201,051101.652.00$2,099
Mar 201201,098105.052.22$2,440
Feb 20120923101.102.57$2,372
Jan 201201,57298.092.73$4,298
Dec 201101,44796.873.24$4,688
Nov 2011064095.723.31$2,119
Oct 2011055384.983.65$2,018
Sep 2011067483.623.99$2,686
Aug 2011065883.404.15$2,730
Jul 2011085594.144.52$3,862
Jun 2011758292.904.64$3,351
May 2011337898.134.40$1,959
Apr 20113464105.964.33$2,329
Mar 2011060096.364.06$2,434
Feb 2011068385.644.18$2,855
Jan 2011069786.504.59$3,198
Dec 2010185385.734.35$3,794
Nov 201001,08680.843.80$4,122
Oct 201001,12378.103.51$3,940
Sep 2010074272.633.98$2,953
Aug 20104418573.684.42$4,060
Jul 2010195772.554.74$4,605
Jun 201003,59270.364.91$17,638
May 201004,53371.124.24$19,198
Apr 201022,98481.694.12$12,465
Mar 2010073178.394.39$3,208
Feb 201001,25773.585.44$6,841
Jan 2010058774.365.96$3,501
Dec 20094645171.445.48$5,759
Nov 2009082074.593.75$3,076
Oct 200901,05572.544.11$4,336
Sep 200901,72465.543.06$5,284
Aug 200903,72767.423.22$11,995
Jul 200914,61261.133.46$16,039
Jun 2009077866.163.90$3,030
May 200901,50154.743.93$5,893
Apr 200962,32746.773.59$8,629
Mar 200902,16342.144.06$8,780
Feb 200902,02632.814.63$9,386
Jan 200901,47235.865.37$7,906
Dec 2008441337.105.98$2,617
Nov 2008191455.496.86$6,326
Oct 200801,94875.246.92$13,484
Sep 200802,270101.767.88$17,881
Aug 200832,750114.228.48$23,671
Jul 200862,738131.0811.39$31,971
Jun 200812,862131.3313.03$37,431
May 200802,734123.1711.57$31,644
Apr 200812,689110.3110.45$28,223
Mar 200803,381101.909.66$32,674
Feb 200804,51392.538.77$39,582
Jan 200806,07890.388.21$49,874
Dec 200704,68088.337.30$34,173
Nov 200703,90991.677.29$28,503
Oct 200704,57882.856.92$31,689
Sep 200707,19775.846.24$44,939
Aug 200707,42869.066.39$47,450
Jul 200728,50570.906.39$54,471
Jun 2007116,33262.007.55$48,479
May 2007196,23158.747.85$50,006
Apr 200724,02759.617.81$31,551
Mar 200704,69556.927.30$34,283
Feb 200706,85355.108.22$56,304
Jan 200707,50050.306.73$50,451
Dec 20061013,24356.656.92$92,187
Nov 20061717,54654.207.62$134,578
Oct 2006414,37654.906.01$86,674
Sep 2006037460.085.04$1,884

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             0 bbl  × $ 66.74 =         $0
Gas                  253 Mcf  × $  3.32 =       $839

────────────────────────────────────────────────────
Month total                                     $839

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/222696 is the state's own key, not one this site invented.