EASTMAN CHEMICAL COMPANY GU 2

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 224198District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Oct 2006 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
236
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 Gas112007-04-24174642
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
CondensateDisposition1,034 bbl$70,613
GasProduction328,243 Mcf$1,932,938
Total$2,003,550

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 32.4206, -94.6672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42060, -94.66718 · 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
10,900 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 10,900 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-20333593110,900 ftOct 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 (236)

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

236 months

May 20260480106.413.05$1,462
Apr 2026042898.932.87$1,228
Mar 2026027189.753.15$854
Feb 2026012663.503.75$473
Jan 20268047459.138.00$8,521
Dec 2025029156.664.41$1,284
Nov 2025801058.593.93$4,726
Oct 2025017559.383.30$578
Sep 2025040762.743.08$1,252
Aug 20250063.933.01$0
Jul 2025077266.743.32$2,559
Jun 202501,77266.483.13$5,544
May 202502,12660.553.23$6,872
Apr 202501,08762.363.54$3,851
Mar 2025087867.704.27$3,748
Feb 2025039570.884.34$1,715
Jan 2025058474.324.28$2,499
Dec 2024296268.993.12$3,141
Nov 20240669.052.20$13
Oct 2024069271.372.28$1,579
Sep 20240069.612.36$0
Aug 202405275.632.06$107
Jul 2024040279.932.15$863
Jun 2024036978.082.63$972
May 2024036078.812.20$791
Apr 20240084.451.66$0
Mar 202401280.301.55$19
Feb 202401076.091.78$18
Jan 20240873.023.30$26
Dec 202301071.262.61$26
Nov 202302677.892.81$73
Oct 20230285.443.09$6
Sep 202301389.042.74$36
Aug 202308480.522.67$225
Jul 202309774.852.64$256
Jun 202301468.962.26$32
May 202308970.622.23$198
Apr 202306878.122.24$152
Mar 202308072.852.39$191
Feb 2023027075.112.47$666
Jan 2023026976.533.39$911
Dec 2022013776.415.73$785
Nov 2022047385.005.65$2,671
Oct 2022026387.185.86$1,542
Sep 2022014684.888.16$1,192
Aug 2022053994.529.13$4,920
Jul 20220437101.587.54$3,296
Jun 20220192115.097.98$1,532
May 20220727109.378.43$6,131
Apr 20220223104.226.84$1,525
Mar 20220260108.885.08$1,320
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 20210950.412.81$25
Dec 202005944.642.68$158
Nov 202005238.772.71$141
Oct 202001836.972.48$45
Sep 202002037.091.99$40
Aug 2020023039.982.39$549
Jul 20200038.371.83$0
Jun 202009034.901.69$152
May 2020011516.921.81$209
Apr 2020014014.751.80$253
Mar 2020010630.341.86$197
Feb 202005549.881.98$109
Jan 202004457.252.09$92
Dec 2019010259.012.30$235
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019035455.052.66$941
Aug 2019017653.112.30$406
Jul 2019014856.272.46$364
Jun 2019024652.782.49$613
May 2019022158.482.74$606
Apr 2019021262.632.75$583
Mar 2019038056.803.06$1,164
Feb 2019056050.852.79$1,564
Jan 2019022046.033.23$710
Dec 2018016346.594.19$682
Nov 2018016552.934.24$699
Oct 2018012861.443.40$435
Sep 2018024559.543.11$761
Aug 2018029659.403.07$908
Jul 2018046765.142.93$1,369
Jun 201811012260.183.08$6,995
May 2018088565.382.90$2,567
Apr 2018022663.842.90$656
Mar 2018072361.222.79$2,015
Feb 201807861.782.77$216
Jan 2018030062.874.01$1,203
Dec 2017024657.272.92$719
Nov 201701,29655.423.12$4,041
Oct 201709549.292.98$283
Sep 20170047.523.09$0
Aug 2017116045.373.00$5,263
Jul 201701843.873.09$56
Jun 201702842.493.09$86
May 20170045.373.26$0
Apr 2017058647.933.21$1,882
Mar 2017050446.772.98$1,504
Feb 2017039850.452.95$1,175
Jan 2017028549.413.42$974
Dec 2016039148.763.72$1,456
Nov 2016057942.492.64$1,531
Oct 2016055046.193.09$1,700
Sep 2016034041.553.10$1,054
Aug 2016042341.442.92$1,237
Jul 2016056841.622.92$1,661
Jun 2016094745.352.69$2,543
May 20160042.521.99$0
Apr 2016065936.561.99$1,312
Mar 2016061933.011.79$1,110
Feb 2016054726.472.06$1,129
Jan 2016038727.352.36$915
Dec 2015050832.362.00$1,017
Nov 2015038938.792.17$843
Oct 2015047443.552.43$1,150
Sep 2015045542.992.76$1,255
Aug 2015044340.162.87$1,273
Jul 20159773448.152.95$6,832
Jun 2015071056.152.88$2,047
May 2015089055.212.96$2,630
Apr 2015057549.822.71$1,556
Mar 2015084642.892.93$2,483
Feb 201501,04344.662.98$3,104
Jan 201501,27943.433.10$3,966
Dec 201401,13754.693.59$4,083
Nov 201401,40570.464.25$5,974
Oct 201401,21778.303.90$4,747
Sep 201401,51886.164.05$6,141
Aug 201401,58789.394.04$6,404
Jul 201401,63996.564.18$6,850
Jun 201401,56998.164.74$7,432
May 2014501,61394.734.73$12,360
Apr 201401,52895.944.81$7,348
Mar 201401,71195.895.06$8,652
Feb 201401,11197.406.19$6,879
Jan 201401,24990.404.86$6,071
Dec 201301,51891.824.35$6,610
Nov 201301,50188.853.74$5,611
Oct 201301,46497.423.78$5,533
Sep 20130799104.113.72$2,970
Aug 201301,048104.253.52$3,692
Jul 201301,052102.523.72$3,911
Jun 2013931,15494.403.93$13,318
May 201301,13694.834.15$4,713
Apr 201301,10293.964.28$4,719
Mar 201341,08893.623.91$4,632
Feb 201351,08791.233.42$4,174
Jan 201391,01591.603.42$4,296
Dec 201211,68386.773.42$5,843
Nov 2012161,49286.953.62$6,800
Oct 2012396089.383.40$3,532
Sep 201271,12394.672.92$3,940
Aug 2012181,37392.662.91$5,661
Jul 201271,00585.133.02$3,632
Jun 201251,25779.822.52$3,566
May 201201,62691.612.49$4,046
Apr 201211,184101.652.00$2,466
Mar 201221,356105.052.22$3,223
Feb 201201,317101.102.57$3,385
Jan 201201,13798.092.73$3,109
Dec 201111,72396.873.24$5,679
Nov 201101,26095.723.31$4,172
Oct 201101,82084.983.65$6,640
Sep 201101,64883.623.99$6,569
Aug 201171,53683.404.15$6,957
Jul 201101,77794.144.52$8,027
Jun 2011152,35192.904.64$12,302
May 201171,98698.134.40$9,435
Apr 201151,953105.964.33$8,993
Mar 201101,81696.364.06$7,368
Feb 201101,37685.644.18$5,752
Jan 201101,80086.504.59$8,260
Dec 201031,70185.734.35$7,653
Nov 201001,85180.843.80$7,025
Oct 201002,21678.103.51$7,776
Sep 201002,34272.633.98$9,320
Aug 2010941,02573.684.42$11,456
Jul 201022,13172.554.74$10,239
Jun 2010075070.364.91$3,683
May 201001,29371.124.24$5,476
Apr 201031,60681.694.12$6,866
Mar 201002,19678.394.39$9,638
Feb 201002,13973.585.44$11,641
Jan 201001,08074.365.96$6,441
Dec 2009961,66971.445.48$16,011
Nov 200902,39974.593.75$9,000
Oct 200901,32472.544.11$5,442
Sep 200901,16165.543.06$3,558
Aug 200901,41467.423.22$4,551
Jul 2009098661.133.46$3,416
Jun 200902,38566.163.90$9,290
May 200902,49954.743.93$9,810
Apr 200972,35346.773.59$8,769
Mar 200902,65742.144.06$10,785
Feb 200901,97832.814.63$9,164
Jan 200902,03135.865.37$10,909
Dec 200852,13837.105.98$12,965
Nov 200822,81655.496.86$19,430
Oct 200812,63775.246.92$18,329
Sep 200802,548101.767.88$20,071
Aug 200843,059114.228.48$26,406
Jul 200863,255131.0811.39$37,859
Jun 200823,556131.3313.03$46,607
May 200803,825123.1711.57$44,272
Apr 200824,708110.3110.45$49,442
Mar 200804,725101.909.66$45,663
Feb 200803,84992.538.77$33,758
Jan 200804,89990.388.21$40,200
Dec 200705,05688.337.30$36,919
Nov 200704,77191.677.29$34,789
Oct 200705,24582.856.92$36,306
Sep 200707,78375.846.24$48,598
Aug 200709,20469.066.39$58,795
Jul 200717,72570.906.39$49,418
Jun 2007117,97162.007.55$60,851
May 2007199,50558.747.85$75,695
Apr 200716,51559.617.81$50,910
Mar 200707,17156.927.30$52,362
Feb 200709,41555.108.22$77,354
Jan 2007013,00050.306.73$87,449
Dec 20061215,66256.656.92$109,036
Nov 20062120,87054.207.62$160,115
Oct 200612,60754.906.01$15,733

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                  480 Mcf  × $  3.05 =     $1,462

────────────────────────────────────────────────────
Month total                                   $1,462

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/224198 is the state's own key, not one this site invented.