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 228942District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 Gas112007-08-20176083
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
CondensateDisposition246 bbl$22,590
GasProduction274,372 Mcf$1,631,269
Total$1,653,859

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 32.4061, -94.6517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40615, -94.65168 · 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
May 2007
1 of 1 wells

1 well

42-20333453410,900 ftMay 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 (229)

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

229 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 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 20240168.993.12$3
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202402475.632.06$50
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240178.812.20$2
Apr 20240284.451.66$3
Mar 2024044080.301.55$680
Feb 20240076.091.78$0
Jan 2024032273.023.30$1,062
Dec 20230071.262.61$0
Nov 2023028977.892.81$811
Oct 2023033885.443.09$1,044
Sep 2023017289.042.74$470
Aug 2023039380.522.67$1,050
Jul 2023036474.852.64$962
Jun 202305268.962.26$117
May 2023029770.622.23$662
Apr 2023032178.122.24$718
Mar 2023031072.852.39$742
Feb 2023018275.112.47$449
Jan 2023017776.533.39$600
Dec 202207476.415.73$424
Nov 2022023185.005.65$1,304
Oct 2022029687.185.86$1,736
Sep 202201184.888.16$90
Aug 2022023894.529.13$2,172
Jul 2022095101.587.54$717
Jun 20220328115.097.98$2,617
May 20220156109.378.43$1,316
Apr 20220298104.226.84$2,038
Mar 20220306108.885.08$1,553
Feb 2022037591.054.86$1,822
Jan 2022049681.844.54$2,251
Dec 2021035471.323.90$1,380
Nov 2021041077.435.24$2,147
Oct 2021029579.795.71$1,686
Sep 2021030569.865.35$1,632
Aug 2021035366.024.22$1,490
Jul 2021036170.783.98$1,438
Jun 2021046269.493.38$1,562
May 2021024563.483.02$739
Apr 2021039960.362.76$1,101
Mar 2021048461.302.72$1,315
Feb 2021012157.805.55$671
Jan 20210050.412.81$0
Dec 2020039844.642.68$1,065
Nov 2020085138.772.71$2,303
Oct 2020061236.972.48$1,517
Sep 2020075537.091.99$1,503
Aug 2020010139.982.39$241
Jul 2020014638.371.83$266
Jun 20200034.901.69$0
May 2020026116.921.81$474
Apr 2020063714.751.80$1,149
Mar 2020058530.341.86$1,086
Feb 202001,13249.881.98$2,242
Jan 2020097257.252.09$2,036
Dec 201901,17959.012.30$2,717
Nov 2019086455.302.75$2,377
Oct 2019074853.472.42$1,809
Sep 201901,00055.052.66$2,657
Aug 2019049853.112.30$1,148
Jul 2019069656.272.46$1,712
Jun 2019017252.782.49$428
May 2019026058.482.74$712
Apr 201905262.632.75$143
Mar 201909056.803.06$276
Feb 2019011650.852.79$324
Jan 2019021046.033.23$678
Dec 2018017546.594.19$732
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018032259.543.11$1,001
Aug 2018038059.403.07$1,165
Jul 2018031765.142.93$929
Jun 2018034860.183.08$1,071
May 2018046065.382.90$1,334
Apr 2018053163.842.90$1,540
Mar 2018013061.222.79$362
Feb 2018032261.782.77$891
Jan 2018078062.874.01$3,127
Dec 2017038757.272.92$1,131
Nov 2017057155.423.12$1,781
Oct 2017051249.292.98$1,528
Sep 2017010647.523.09$327
Aug 2017069245.373.00$2,079
Jul 2017055743.873.09$1,720
Jun 2017021942.493.09$676
May 2017085245.373.26$2,780
Apr 2017032947.933.21$1,057
Mar 2017037346.772.98$1,113
Feb 2017044450.452.95$1,311
Jan 2017043449.413.42$1,484
Dec 2016046648.763.72$1,735
Nov 2016038342.492.64$1,013
Oct 2016022746.193.09$701
Sep 2016030941.553.10$958
Aug 2016024341.442.92$711
Jul 2016043741.622.92$1,278
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016034436.561.99$685
Mar 2016021933.011.79$393
Feb 201601,10926.472.06$2,289
Jan 2016033227.352.36$785
Dec 2015010432.362.00$208
Nov 2015050338.792.17$1,090
Oct 2015042643.552.43$1,034
Sep 2015056042.992.76$1,545
Aug 2015035440.162.87$1,017
Jul 2015051448.152.95$1,514
Jun 2015029356.152.88$845
May 2015027355.212.96$807
Apr 2015038849.822.71$1,050
Mar 2015034042.892.93$998
Feb 2015039244.662.98$1,167
Jan 2015021843.433.10$676
Dec 2014024754.693.59$887
Nov 2014046670.464.25$1,981
Oct 2014037378.303.90$1,455
Sep 2014038786.164.05$1,566
Aug 20140089.394.04$0
Jul 2014048696.564.18$2,031
Jun 2014046998.164.74$2,222
May 2014060594.734.73$2,860
Apr 2014057095.944.81$2,741
Mar 2014065495.895.06$3,307
Feb 2014054897.406.19$3,393
Jan 2014056090.404.86$2,722
Dec 2013060091.824.35$2,613
Nov 2013073088.853.74$2,729
Oct 2013061797.423.78$2,332
Sep 20130701104.113.72$2,606
Aug 20130738104.253.52$2,600
Jul 20130754102.523.72$2,803
Jun 2013072194.403.93$2,836
May 2013080294.834.15$3,328
Apr 2013083593.964.28$3,576
Mar 201301,33093.623.91$5,204
Feb 201301,12291.233.42$3,837
Jan 201301,17091.603.42$4,001
Dec 2012090386.773.42$3,088
Nov 20120086.953.62$0
Oct 201201,12789.383.40$3,831
Sep 2012091594.672.92$2,670
Aug 2012092692.662.91$2,693
Jul 2012088185.133.02$2,661
Jun 2012085679.822.52$2,156
May 2012089791.612.49$2,232
Apr 201201,005101.652.00$2,007
Mar 20120984105.052.22$2,187
Feb 20120895101.102.57$2,300
Jan 20120098.092.73$0
Dec 2011075896.873.24$2,456
Nov 2011095295.723.31$3,152
Oct 201101,19184.983.65$4,345
Sep 201102,46283.623.99$9,813
Aug 201101,46683.404.15$6,083
Jul 20110094.144.52$0
Jun 2011065392.904.64$3,030
May 201101,37698.134.40$6,061
Apr 201101,671105.964.33$7,241
Mar 201101,33696.364.06$5,421
Feb 201101,12185.644.18$4,686
Jan 201101,25186.504.59$5,741
Dec 201001,10185.734.35$4,787
Nov 2010092680.843.80$3,514
Oct 201001,50478.103.51$5,277
Sep 201021,66672.633.98$6,775
Aug 201001,48373.684.42$6,554
Jul 201001,67472.554.74$7,929
Jun 201001,92170.364.91$9,433
May 201001,45171.124.24$6,145
Apr 201001,94981.694.12$8,035
Mar 201044,15778.394.39$18,557
Feb 201001,45573.585.44$7,919
Jan 201001,50674.365.96$8,982
Dec 200901,42471.445.48$7,809
Nov 200901,85174.593.75$6,944
Oct 200903,10572.544.11$12,762
Sep 200902,00065.543.06$6,130
Aug 2009262,27067.423.22$9,059
Jul 200902,75261.133.46$9,534
Jun 200903,05766.163.90$11,907
May 200902,92754.743.93$11,491
Apr 200962,85846.773.59$10,534
Mar 200903,22442.144.06$13,086
Feb 200902,64832.814.63$12,268
Jan 200903,52835.865.37$18,949
Dec 200853,94537.105.98$23,765
Nov 200834,08955.496.86$28,218
Oct 200824,33475.246.92$30,150
Sep 200844,358101.767.88$34,735
Aug 200834,682114.228.48$40,060
Jul 200855,092131.0811.39$58,650
Jun 2008115,056131.3313.03$67,338
May 200885,134123.1711.57$60,408
Apr 2008105,570110.3110.45$59,337
Mar 2008876,894101.909.66$75,489
Feb 200887,78492.538.77$69,010
Jan 200865,18390.388.21$43,073
Dec 200775,75188.337.30$42,612
Nov 200776,63891.677.29$49,044
Oct 2007147,61382.856.92$53,857
Sep 2007268,80875.846.24$56,970
Aug 2007013,51169.066.39$86,307
Jul 200708,72070.906.39$55,703
Jun 2007019,02362.007.55$143,594
May 2007210,25158.747.85$80,550

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.

Dec 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.99 =         $0
Gas                    1 Mcf  × $  3.12 =         $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/228942 is the state's own key, not one this site invented.