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 225722District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$949 k
Feb 2007 – May 2026
Value, last 12 filed months
$862
at the published price for each month
Months reported
232
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 Gas112007-04-23174078
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
CondensateDisposition112 bbl$8,125
GasProduction142,314 Mcf$940,895
Total$949,020

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 32.4212, -94.6498. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42124, -94.64980 · 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
10,741 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 10,741 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-20333614910,741 ftFeb 2007

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 (232)

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

232 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 2025026066.743.32$862
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20252067.704.27$135
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 20240975.632.06$19
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240178.812.20$2
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 20230285.443.09$6
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230574.852.64$13
Jun 20230468.962.26$9
May 20230370.622.23$7
Apr 20230778.122.24$16
Mar 20230872.852.39$19
Feb 20230775.112.47$17
Jan 20230976.533.39$30
Dec 20220176.415.73$6
Nov 2022014685.005.65$824
Oct 2022010087.185.86$586
Sep 202206884.888.16$555
Aug 2022016594.529.13$1,506
Jul 20220153101.587.54$1,154
Jun 20220204115.097.98$1,627
May 202210188109.378.43$2,679
Apr 20220472104.226.84$3,227
Mar 20220150108.885.08$761
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210577.435.24$26
Oct 2021063879.795.71$3,645
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 2021027161.302.72$736
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202001236.972.48$30
Sep 20200037.091.99$0
Aug 2020016339.982.39$389
Jul 20200038.371.83$0
Jun 202001034.901.69$17
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200930.341.86$17
Feb 202001349.881.98$26
Jan 202003657.252.09$75
Dec 2019011259.012.30$258
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190255.052.66$5
Aug 20190653.112.30$14
Jul 201902156.272.46$52
Jun 201907652.782.49$189
May 201907158.482.74$195
Apr 2019010762.632.75$294
Mar 2019011756.803.06$358
Feb 2019014850.852.79$413
Jan 201902446.033.23$77
Dec 201808746.594.19$364
Nov 201803452.934.24$144
Oct 201805061.443.40$170
Sep 201803859.543.11$118
Aug 201809559.403.07$291
Jul 2018016165.142.93$472
Jun 20181524260.183.08$1,647
May 2018032965.382.90$954
Apr 201807963.842.90$229
Mar 2018012861.222.79$357
Feb 201809761.782.77$268
Jan 201809362.874.01$373
Dec 2017010257.272.92$298
Nov 2017014055.423.12$437
Oct 2017013349.292.98$397
Sep 201708247.523.09$253
Aug 20171611345.373.00$1,065
Jul 2017020843.873.09$642
Jun 2017013042.493.09$401
May 2017034445.373.26$1,123
Apr 2017044647.933.21$1,432
Mar 2017021346.772.98$636
Feb 2017010450.452.95$307
Jan 2017010049.413.42$342
Dec 201608548.763.72$316
Nov 201606742.492.64$177
Oct 201605546.193.09$170
Sep 201604641.553.10$143
Aug 201606441.442.92$187
Jul 201603641.622.92$105
Jun 201609145.352.69$244
May 20160042.521.99$0
Apr 201604936.561.99$98
Mar 201607533.011.79$135
Feb 201609726.472.06$200
Jan 201607827.352.36$184
Dec 201507732.362.00$154
Nov 2015010438.792.17$225
Oct 2015016943.552.43$410
Sep 2015019442.992.76$535
Aug 2015014840.162.87$425
Jul 20151312148.152.95$982
Jun 2015023056.152.88$663
May 2015038355.212.96$1,132
Apr 2015034149.822.71$923
Mar 201509242.892.93$270
Feb 2015028444.662.98$845
Jan 20150743.433.10$22
Dec 2014013354.693.59$478
Nov 2014053770.464.25$2,283
Oct 201405978.303.90$230
Sep 201407886.164.05$316
Aug 201408689.394.04$347
Jul 201409396.564.18$389
Jun 201408898.164.74$417
May 201478894.734.73$1,079
Apr 201405495.944.81$260
Mar 201408795.895.06$440
Feb 201407497.406.19$458
Jan 201408490.404.86$408
Dec 201308591.824.35$370
Nov 201307688.853.74$284
Oct 2013016997.423.78$639
Sep 20130270104.113.72$1,004
Aug 2013094104.253.52$331
Jul 2013058102.523.72$216
Jun 2013137994.403.93$1,538
May 201306094.834.15$249
Apr 201306693.964.28$283
Mar 201307893.623.91$305
Feb 201317291.233.42$337
Jan 201314391.603.42$239
Dec 2012028986.773.42$988
Nov 201227686.953.62$449
Oct 2012019789.383.40$670
Sep 2012056294.672.92$1,640
Aug 2012014392.662.91$416
Jul 2012014685.133.02$441
Jun 2012011779.822.52$295
May 2012016891.612.49$418
Apr 20120160101.652.00$319
Mar 20120153105.052.22$340
Feb 20120152101.102.57$391
Jan 2012016398.092.73$446
Dec 2011031496.873.24$1,017
Nov 2011045795.723.31$1,513
Oct 2011089084.983.65$3,247
Sep 2011073183.623.99$2,914
Aug 2011162783.404.15$2,685
Jul 2011077094.144.52$3,478
Jun 2011275192.904.64$3,670
May 2011142098.134.40$1,948
Apr 20111658105.964.33$2,957
Mar 2011078496.364.06$3,181
Feb 2011067685.644.18$2,826
Jan 2011075486.504.59$3,460
Dec 2010093385.734.35$4,056
Nov 2010085180.843.80$3,230
Oct 201001,19278.103.51$4,183
Sep 2010078572.633.98$3,124
Aug 20101289573.684.42$4,839
Jul 2010065672.554.74$3,107
Jun 2010045870.364.91$2,249
May 2010073271.124.24$3,100
Apr 201001,11681.694.12$4,601
Mar 201001,09078.394.39$4,784
Feb 2010056373.585.44$3,064
Jan 2010067974.365.96$4,050
Dec 2009132,03171.445.48$12,066
Nov 200901,02274.593.75$3,834
Oct 2009059672.544.11$2,450
Sep 2009081165.543.06$2,486
Aug 200901,14067.423.22$3,669
Jul 200911,10961.133.46$3,903
Jun 200901,85166.163.90$7,210
May 200901,81654.743.93$7,129
Apr 200912,47046.773.59$8,908
Mar 200902,77142.144.06$11,247
Feb 200901,93532.814.63$8,965
Jan 200902,33435.865.37$12,536
Dec 200801,39037.105.98$8,308
Nov 2008084955.496.86$5,824
Oct 200801,97775.246.92$13,685
Sep 200802,714101.767.88$21,378
Aug 200802,876114.228.48$24,397
Jul 200803,250131.0811.39$37,016
Jun 200802,678131.3313.03$34,901
May 200802,339123.1711.57$27,072
Apr 200802,741110.3110.45$28,657
Mar 200803,148101.909.66$30,422
Feb 200803,55592.538.77$31,179
Jan 200804,05990.388.21$33,307
Dec 200704,04288.337.30$29,515
Nov 200705,00991.677.29$36,524
Oct 200707,41982.856.92$51,354
Sep 200703,91075.846.24$24,415
Aug 200701,05269.066.39$6,720
Jul 200701,91870.906.39$12,252
Jun 200702,26862.007.55$17,120
May 200702,86858.747.85$22,503
Apr 200707,05859.617.81$55,089
Mar 2007010,67056.927.30$77,912
Feb 2007011,67555.108.22$95,922

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                  260 Mcf  × $  3.32 =       $862

────────────────────────────────────────────────────
Month total                                     $862

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/225722 is the state's own key, not one this site invented.