COLE

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 228131District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jan 2007 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
233
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 Gas112007-08-22176387
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
CondensateDisposition1,186 bbl$106,127
GasProduction751,264 Mcf$3,853,502
Total$3,959,629

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 32.4635, -94.6605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46349, -94.66050 · 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
11,000 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 11,000 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-20333733111,000 ftNov 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 (233)

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

233 months

May 202601,139106.413.05$3,469
Apr 2026056298.932.87$1,613
Mar 202601,07489.753.15$3,383
Feb 202601,28663.503.75$4,823
Jan 202621,28859.138.00$10,420
Dec 202511,77256.664.41$7,877
Nov 2025242858.593.93$1,798
Oct 202509459.383.30$311
Sep 2025015862.743.08$486
Aug 2025178563.933.01$2,431
Jul 20250066.743.32$0
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 202307368.962.26$165
May 2023018670.622.23$414
Apr 2023014178.122.24$316
Mar 202309172.852.39$218
Feb 2023025775.112.47$634
Jan 2023022576.533.39$762
Dec 202202,00176.415.73$11,464
Nov 202201,33985.005.65$7,560
Oct 202201,05387.185.86$6,175
Sep 2022022784.888.16$1,853
Aug 202201,16994.529.13$10,670
Jul 20220675101.587.54$5,091
Jun 20220789115.097.98$6,294
May 202201,002109.378.43$8,450
Apr 202201,038104.226.84$7,097
Mar 202201,498108.885.08$7,604
Feb 2022072191.054.86$3,503
Jan 202201,29681.844.54$5,881
Dec 202101,37571.323.90$5,361
Nov 202101,74577.435.24$9,138
Oct 2021096979.795.71$5,537
Sep 202101,28669.865.35$6,881
Aug 202101,22666.024.22$5,174
Jul 202101,48370.783.98$5,905
Jun 202111,26869.493.38$4,356
May 202101,43563.483.02$4,330
Apr 202101,57160.362.76$4,333
Mar 202101,86261.302.72$5,059
Feb 2021078157.805.55$4,333
Jan 202101,67650.412.81$4,710
Dec 202022,17944.642.68$5,919
Nov 202001,38738.772.71$3,754
Oct 202001,62736.972.48$4,032
Sep 202001,83737.091.99$3,658
Aug 202002,38039.982.39$5,677
Jul 202001,62538.371.83$2,966
Jun 202022,58934.901.69$4,446
May 202001,07916.921.81$1,958
Apr 202011,01314.751.80$1,843
Mar 202021,80530.341.86$3,411
Feb 202032,12849.881.98$4,365
Jan 202001,37957.252.09$2,889
Dec 201921,70559.012.30$4,047
Nov 201901,25655.302.75$3,455
Oct 201931,67953.472.42$4,221
Sep 201921,72955.052.66$4,705
Aug 201951,88453.112.30$4,607
Jul 201931,78056.272.46$4,548
Jun 201951,66852.782.49$4,419
May 201961,60758.482.74$4,755
Apr 201921,57562.632.75$4,458
Mar 201921,89456.803.06$5,913
Feb 201931,41850.852.79$4,112
Jan 201931,92646.033.23$6,356
Dec 201811,95046.594.19$8,208
Nov 201812,18852.934.24$9,324
Oct 201811,95361.443.40$6,698
Sep 201801,72059.543.11$5,346
Aug 201801,59859.403.07$4,900
Jul 201801,41565.142.93$4,149
Jun 201811,62160.183.08$5,048
May 201802,01165.382.90$5,834
Apr 201801,88463.842.90$5,465
Mar 201821,58561.222.79$4,540
Feb 201801,53461.782.77$4,243
Jan 201802,01562.874.01$8,079
Dec 201702,02657.272.92$5,919
Nov 201702,03455.423.12$6,343
Oct 201721,77549.292.98$5,395
Sep 201711,63347.523.09$5,089
Aug 201721,47045.373.00$4,507
Jul 201721,45843.873.09$4,589
Jun 201721,21542.493.09$3,836
May 201731,95145.373.26$6,503
Apr 201721,97847.933.21$6,448
Mar 201722,21546.772.98$6,702
Feb 201712,82050.452.95$8,377
Jan 201702,28149.413.42$7,798
Dec 201602,92448.763.72$10,886
Nov 201602,27442.492.64$6,013
Oct 201601,50746.193.09$4,657
Sep 201621,79041.553.10$5,633
Aug 201601,53641.442.92$4,492
Jul 201601,75741.622.92$5,138
Jun 201601,59245.352.69$4,276
May 201601,47442.521.99$2,935
Apr 201611,71436.561.99$3,449
Mar 201602,00333.011.79$3,593
Feb 201602,38826.472.06$4,928
Jan 201622,33127.352.36$5,566
Dec 201512,58032.362.00$5,196
Nov 201511,91438.792.17$4,187
Oct 201512,05743.552.43$5,035
Sep 201511,50142.992.76$4,183
Aug 201501,95840.162.87$5,624
Jul 201532,35748.152.95$7,086
Jun 2015022656.152.88$652
May 201522,11055.212.96$6,346
Apr 201512,32949.822.71$6,353
Mar 201532,53942.892.93$7,580
Feb 201523,66144.662.98$10,985
Jan 201501,50643.433.10$4,670
Dec 2014099154.693.59$3,559
Nov 201412,19170.464.25$9,386
Oct 2014039778.303.90$1,549
Sep 20141151,47286.164.05$15,863
Aug 201413,01789.394.04$12,263
Jul 201412,13796.564.18$9,028
Jun 201413,08498.164.74$14,707
May 2014055094.734.73$2,600
Apr 201401,50895.944.81$7,252
Mar 201413,48095.895.06$17,694
Feb 201412,93197.406.19$18,246
Jan 201404,06890.404.86$19,773
Dec 201312,28191.824.35$10,024
Nov 201312,40688.853.74$9,083
Oct 201313,95897.423.78$15,056
Sep 201311,494104.113.72$5,658
Aug 201302,680104.253.52$9,441
Jul 201312,321102.523.72$8,731
Jun 201312,24994.403.93$8,941
May 201323,40194.834.15$14,301
Apr 201313,28293.964.28$14,149
Mar 201323,25693.623.91$12,928
Feb 201313,02491.233.42$10,433
Jan 201311,91091.603.42$6,624
Dec 201212,23886.773.42$7,741
Nov 201213,50386.953.62$12,785
Oct 201213,77489.383.40$12,920
Sep 201222,50594.672.92$7,500
Aug 201211,93192.662.91$5,708
Jul 2012772,95985.133.02$15,494
Jun 201202,75679.822.52$6,942
May 201203,06091.612.49$7,614
Apr 201213,458101.652.00$7,007
Mar 201214,456105.052.22$10,007
Feb 201217,254101.102.57$18,746
Jan 201206,95698.092.73$19,018
Dec 201106,50896.873.24$21,084
Nov 201126,18695.723.31$20,675
Oct 201125,16584.983.65$19,015
Sep 201114,52183.623.99$18,103
Aug 201133,90983.404.15$16,470
Jul 201105,56794.144.52$25,147
Jun 201116,13792.904.64$28,568
May 201147,08798.134.40$31,609
Apr 201138,840105.964.33$38,624
Mar 2011529,06296.364.06$41,778
Feb 201118,38585.644.18$35,135
Jan 201109,33986.504.59$42,855
Dec 201019,51385.734.35$41,446
Nov 201016,37680.843.80$24,280
Oct 201026,66078.103.51$23,525
Sep 201013,23172.633.98$12,930
Aug 201013,52673.684.42$15,656
Jul 201018,43172.554.74$40,006
Jun 201017,69770.364.91$37,866
May 201028,19871.124.24$34,863
Apr 201018,12581.694.12$33,579
Mar 201039,44878.394.39$41,699
Feb 201028,93173.585.44$48,753
Jan 2010010,03874.365.96$59,868
Dec 2009210,88571.445.48$59,834
Nov 200905,90574.593.75$22,153
Oct 200916,26272.544.11$25,811
Sep 2009105,82465.543.06$18,505
Aug 200914,86267.423.22$15,716
Jul 200934,92361.133.46$17,239
Jun 20091294,92166.163.90$27,702
May 200945,70654.743.93$22,619
Apr 200905,48146.773.59$19,663
Mar 200905,99442.144.06$24,330
Feb 200905,50732.814.63$25,514
Jan 200906,50935.865.37$34,960
Dec 200807,31637.105.98$43,729
Nov 2008286,58355.496.86$46,715
Oct 200806,77975.246.92$46,924
Sep 20081506,285101.767.88$64,772
Aug 2008156,718114.228.48$58,702
Jul 20081106,697131.0811.39$90,694
Jun 2008147,245131.3313.03$96,260
May 2008148,598123.1711.57$101,240
Apr 2008168,772110.3110.45$93,475
Mar 20082910,846101.909.66$107,772
Feb 20082510,84692.538.77$97,439
Jan 20081146,68990.388.21$65,191
Dec 200718,73488.337.30$63,864
Nov 200710316,06391.677.29$126,569
Oct 2007413,24582.856.92$92,013
Sep 200767,63475.846.24$48,123
Aug 200767,93269.066.39$51,084
Jul 200708,41770.906.39$53,767
Jun 200708,75162.007.55$66,056
May 2007011,36458.747.85$89,165
Apr 200709,77259.617.81$76,272
Mar 2007014,22056.927.30$103,834
Feb 2007027,57555.108.22$226,556
Jan 200705,03550.306.73$33,870

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                1,139 Mcf  × $  3.05 =     $3,469

────────────────────────────────────────────────────
Month total                                   $3,469

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/228131 is the state's own key, not one this site invented.