PORTER

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 229261District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
228
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 Gas112007-09-18175984
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
CondensateDisposition583 bbl$54,067
GasProduction653,425 Mcf$3,095,018
Total$3,149,085

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 32.4458, -94.6404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44578, -94.64038 · 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
10,850 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 10,850 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-20333703410,850 ftJun 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 (228)

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

228 months

May 20260713106.413.05$2,172
Apr 202601,44598.932.87$4,147
Mar 202601,36289.753.15$4,290
Feb 202601,41363.503.75$5,299
Jan 202601,17259.138.00$9,374
Dec 202501,04356.664.41$4,603
Nov 2025075958.593.93$2,980
Oct 202501,24759.383.30$4,121
Sep 2025098862.743.08$3,040
Aug 202501,33663.933.01$4,028
Jul 202501,26766.743.32$4,200
Jun 202501,00266.483.13$3,135
May 202501,45160.553.23$4,690
Apr 202501,48162.363.54$5,247
Mar 202501,45967.704.27$6,227
Feb 2025078870.884.34$3,421
Jan 2025091274.324.28$3,902
Dec 202401,06468.993.12$3,321
Nov 2024087569.052.20$1,924
Oct 202401,34371.372.28$3,064
Sep 2024089069.612.36$2,104
Aug 202401,05675.632.06$2,179
Jul 202402,15279.932.15$4,619
Jun 2024078078.082.63$2,055
May 202402,07778.812.20$4,566
Apr 20240084.451.66$0
Mar 202401,58480.301.55$2,447
Feb 202401,50076.091.78$2,675
Jan 202401,58873.023.30$5,237
Dec 202301,46371.262.61$3,819
Nov 202301,82177.892.81$5,113
Oct 202301,13385.443.09$3,498
Sep 202302,00389.042.74$5,478
Aug 202302,26080.522.67$6,041
Jul 202302,22774.852.64$5,883
Jun 202301,18268.962.26$2,670
May 202301,19970.622.23$2,671
Apr 202301,04878.122.24$2,345
Mar 202301,37672.852.39$3,293
Feb 202301,13675.112.47$2,801
Jan 202301,67276.533.39$5,664
Dec 202201,98576.415.73$11,372
Nov 202202,02885.005.65$11,450
Oct 202201,63687.185.86$9,593
Sep 202201,95584.888.16$15,960
Aug 202201,37894.529.13$12,577
Jul 202201,221101.587.54$9,209
Jun 202201,941115.097.98$15,484
May 202201,198109.378.43$10,103
Apr 202201,425104.226.84$9,744
Mar 202201,301108.885.08$6,604
Feb 202201,48491.054.86$7,211
Jan 202201,99081.844.54$9,030
Dec 202102,08871.323.90$8,141
Nov 202102,37777.435.24$12,448
Oct 202103,53179.795.71$20,176
Sep 202103,92169.865.35$20,981
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021066663.483.02$2,010
Apr 2021070960.362.76$1,956
Mar 2021063761.302.72$1,731
Feb 2021091357.805.55$5,065
Jan 2021086950.412.81$2,442
Dec 202001,15844.642.68$3,098
Nov 202001,23338.772.71$3,337
Oct 202001,32536.972.48$3,284
Sep 202001,23437.091.99$2,457
Aug 202001,63439.982.39$3,897
Jul 202001,66338.371.83$3,035
Jun 202001,44034.901.69$2,434
May 202001,54516.921.81$2,804
Apr 202001,34414.751.80$2,425
Mar 202001,39330.341.86$2,586
Feb 202001,13449.881.98$2,246
Jan 202001,51957.252.09$3,182
Dec 201901,48459.012.30$3,420
Nov 201901,67155.302.75$4,596
Oct 201901,73253.472.42$4,189
Sep 201901,80855.052.66$4,804
Aug 201901,56253.112.30$3,599
Jul 201901,45856.272.46$3,587
Jun 201901,38452.782.49$3,448
May 201901,32758.482.74$3,636
Apr 201901,44462.632.75$3,972
Mar 201901,78956.803.06$5,478
Feb 201901,63250.852.79$4,557
Jan 201901,26146.033.23$4,071
Dec 201801,94746.594.19$8,149
Nov 201801,37352.934.24$5,818
Oct 201801,54661.443.40$5,253
Sep 201802,05559.543.11$6,387
Aug 201801,35459.403.07$4,152
Jul 201801,40865.142.93$4,128
Jun 201801,43160.183.08$4,403
May 201802,72965.382.90$7,916
Apr 201802,99263.842.90$8,679
Mar 201802,84361.222.79$7,923
Feb 201802,87661.782.77$7,955
Jan 201802,28262.874.01$9,149
Dec 201702,06757.272.92$6,039
Nov 201701,50655.423.12$4,696
Oct 201702,39449.292.98$7,143
Sep 201703,59547.523.09$11,099
Aug 201703,02945.373.00$9,100
Jul 201701,68843.873.09$5,211
Jun 201701,62442.493.09$5,014
May 201701,59545.373.26$5,205
Apr 201701,66047.933.21$5,331
Mar 201701,37846.772.98$4,112
Feb 2017083650.452.95$2,468
Jan 201701,81349.413.42$6,198
Dec 201601,51448.763.72$5,636
Nov 201601,79642.492.64$4,749
Oct 2016074946.193.09$2,315
Sep 2016093341.553.10$2,893
Aug 2016078641.442.92$2,299
Jul 201601,05641.622.92$3,088
Jun 201601,37745.352.69$3,698
May 201601,73442.521.99$3,452
Apr 201601,48136.561.99$2,949
Mar 201601,75433.011.79$3,147
Feb 201601,98126.472.06$4,088
Jan 201601,75427.352.36$4,147
Dec 201501,15532.362.00$2,312
Nov 201502,26638.792.17$4,911
Oct 201501,69943.552.43$4,123
Sep 201501,65242.992.76$4,557
Aug 201502,06440.162.87$5,929
Jul 201503,16248.152.95$9,312
Jun 20150056.152.88$0
May 201502,73755.212.96$8,089
Apr 201502,87749.822.71$7,787
Mar 201502,55942.892.93$7,510
Feb 201502,42244.662.98$7,208
Jan 201502,92043.433.10$9,054
Dec 201402,06454.693.59$7,413
Nov 201402,31470.464.25$9,839
Oct 201402,06178.303.90$8,040
Sep 201402,02286.164.05$8,180
Aug 201401,94189.394.04$7,832
Jul 201401,28596.564.18$5,371
Jun 201402,08098.164.74$9,853
May 201402,24194.734.73$10,592
Apr 201402,20695.944.81$10,609
Mar 201401,94195.895.06$9,815
Feb 201401,96397.406.19$12,155
Jan 201402,28590.404.86$11,107
Dec 201302,38191.824.35$10,368
Nov 201302,03488.853.74$7,604
Oct 201301,94997.423.78$7,366
Sep 201301,997104.113.72$7,424
Aug 201302,593104.253.52$9,134
Jul 201302,839102.523.72$10,555
Jun 201302,54694.403.93$10,014
May 201302,83194.834.15$11,746
Apr 201302,81893.964.28$12,068
Mar 20131982,94193.623.91$30,045
Feb 201312,94891.233.42$10,173
Jan 2013153,09491.603.42$11,955
Dec 201223,08986.773.42$10,738
Nov 201203,21686.953.62$11,658
Oct 201203,05089.383.40$10,369
Sep 201203,33994.672.92$9,745
Aug 201203,51392.662.91$10,216
Jul 201223,65085.133.02$11,196
Jun 201203,59879.822.52$9,064
May 201213,53291.612.49$8,880
Apr 201203,499101.652.00$6,987
Mar 201203,632105.052.22$8,071
Feb 201203,541101.102.57$9,101
Jan 201203,88798.092.73$10,627
Dec 201104,03596.873.24$13,072
Nov 201113,90795.723.31$13,033
Oct 201104,08784.983.65$14,912
Sep 201104,17783.623.99$16,649
Aug 201113,91983.404.15$16,345
Jul 201104,00794.144.52$18,101
Jun 201133,89492.904.64$18,346
May 201114,08198.134.40$18,074
Apr 201113,691105.964.33$16,100
Mar 201114,17296.364.06$17,024
Feb 201123,75985.644.18$15,884
Jan 201114,32886.504.59$19,947
Dec 201004,37785.734.35$19,030
Nov 201004,17580.843.80$15,846
Oct 201004,54578.103.51$15,948
Sep 201004,43872.633.98$17,661
Aug 201014,73973.684.42$21,017
Jul 201004,50172.554.74$21,319
Jun 201004,77070.364.91$23,423
May 201005,00171.124.24$21,180
Apr 201004,89281.694.12$20,168
Mar 201005,08578.394.39$22,316
Feb 201004,61673.585.44$25,122
Jan 201005,29474.365.96$31,574
Dec 200904,61671.445.48$25,313
Nov 200904,42274.593.75$16,589
Oct 200904,49272.544.11$18,463
Sep 200904,32865.543.06$13,264
Aug 20091914,78967.423.22$28,291
Jul 200905,30661.133.46$18,383
Jun 200906,00066.163.90$23,370
May 200908,33554.743.93$32,721
Apr 200906,45446.773.59$23,154
Mar 200907,52142.144.06$30,528
Feb 200908,06132.814.63$37,347
Jan 2009010,01835.865.37$53,807
Dec 2008010,36437.105.98$61,947
Nov 200817,35955.496.86$50,541
Oct 200806,67075.246.92$46,170
Sep 200808,978101.767.88$70,721
Aug 200803,770114.228.48$31,981
Jul 200805,327131.0811.39$60,671
Jun 200805,502131.3313.03$71,706
May 20081576,997123.1711.57$100,323
Apr 200807,178110.3110.45$75,045
Mar 200803,811101.909.66$36,830
Feb 200816,59992.538.77$57,970
Jan 200807,22790.388.21$59,303
Dec 200726,78688.337.30$49,728
Nov 200706,46891.677.29$47,163
Oct 200707,85882.856.92$54,393
Sep 2007010,47875.846.24$65,426
Aug 2007012,24469.066.39$78,214
Jul 2007017,33570.906.39$110,735
Jun 2007022,57962.007.55$170,436

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                  713 Mcf  × $  3.05 =     $2,172

────────────────────────────────────────────────────
Month total                                   $2,172

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/229261 is the state's own key, not one this site invented.