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 225719District 06Field 129528002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jan 2007 – Sep 2015
Value, last 12 filed months
$3
at the published price for each month
Months reported
105
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 Gas112009-02-25189682
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
CondensateDisposition7,077 bbl$546,463
GasProduction253,043 Mcf$2,097,286
Total$2,643,749

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 31.9500, -94.8163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94997, -94.81626 · 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
10,743 ft
1 wells filed one
Completion to plug
8.7 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 10,743 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40134012210,743 ftJan 2007Sep 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 (105)

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

105 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150142.892.93$3
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014131789.394.04$11,738
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 201203285.133.02$97
Jun 20120079.822.52$0
May 20120291.612.49$5
Apr 201205101.652.00$10
Mar 2012010105.052.22$22
Feb 2012020101.102.57$51
Jan 201202198.092.73$57
Dec 201108796.873.24$282
Nov 2011028395.723.31$937
Oct 2011036084.983.65$1,313
Sep 2011049483.623.99$1,969
Aug 201105683.404.15$232
Jul 2011033394.144.52$1,504
Jun 201104392.904.64$200
May 201118491898.134.40$22,100
Apr 20110114105.964.33$494
Mar 20111831,46996.364.06$23,594
Feb 20110085.644.18$0
Jan 201101,12886.504.59$5,176
Dec 201001,48785.734.35$6,465
Nov 201017550780.843.80$16,071
Oct 201001,46678.103.51$5,144
Sep 201001,84572.633.98$7,342
Aug 2010070373.684.42$3,107
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 200944161.133.46$2,693
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200906642.144.06$268
Feb 200951,88432.814.63$8,893
Jan 20091724,12635.865.37$28,329
Dec 2008116,12437.105.98$37,012
Nov 20081828,19355.496.86$66,306
Oct 200817313,78375.246.92$108,422
Sep 2008126,223101.767.88$50,240
Aug 20081889,117114.228.48$98,813
Jul 20081969,394131.0811.39$132,684
Jun 200819812,961131.3313.03$194,919
May 200820918,196123.1711.57$236,348
Apr 200838817,873110.3110.45$229,660
Mar 200820514,121101.909.66$157,356
Feb 20082177,95492.538.77$89,840
Jan 2008478,73590.388.21$75,925
Dec 200740913,95888.337.30$138,048
Nov 20071848,58491.677.29$79,459
Oct 20072213,10582.856.92$39,803
Sep 2007573175.846.24$4,944
Aug 200719972169.066.39$18,349
Jul 20072234,51270.906.39$44,633
Jun 20073546,89562.007.55$73,995
May 20076078,16358.747.85$99,704
Apr 20071857,36559.617.81$68,513
Mar 20073725,60456.927.30$62,094
Feb 200759616,37255.108.22$167,352
Jan 200780226,89150.306.73$221,232

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.

Mar 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.89 =         $0
Gas                    1 Mcf  × $  2.93 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/225719 is the state's own key, not one this site invented.