BUSBY ESTATE GAS UNIT

Operated by TGNR EAST TEXAS LLC (P-5 850990) 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 229609District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$2.4 M
Jan 2007 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
233
no gaps in the span
Streams
1
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 Gas112007-11-19177943
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
GasProduction479,224 Mcf$2,378,926
Total$2,378,926

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 32.2884, -94.8051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28842, -94.80514 · 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
11,010 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 11,010 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-40134102911,010 ftJan 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 2026584106.413.05$1,779
Apr 20261,15398.932.87$3,309
Mar 2026089.753.15$0
Feb 202630163.503.75$1,129
Jan 202635759.138.00$2,855
Dec 202535056.664.41$1,545
Nov 202534358.593.93$1,347
Oct 202540359.383.30$1,332
Sep 202540362.743.08$1,240
Aug 202539063.933.01$1,176
Jul 202538566.743.32$1,276
Jun 202542066.483.13$1,314
May 202553960.553.23$1,742
Apr 202552562.363.54$1,860
Mar 202542867.704.27$1,827
Feb 202524570.884.34$1,064
Jan 202566674.324.28$2,850
Dec 20241,05268.993.12$3,284
Nov 202415569.052.20$341
Oct 202443371.372.28$988
Sep 202488869.612.36$2,100
Aug 20241,38475.632.06$2,856
Jul 20241,40479.932.15$3,014
Jun 20241,37478.082.63$3,619
May 20241,43778.812.20$3,159
Apr 20241,41884.451.66$2,353
Mar 20241,58980.301.55$2,455
Feb 20241,18276.091.78$2,108
Jan 20241,30573.023.30$4,303
Dec 20231,49671.262.61$3,906
Nov 20231,50377.892.81$4,220
Oct 20231,71185.443.09$5,282
Sep 20231,48989.042.74$4,072
Aug 20231,48280.522.67$3,961
Jul 20231,53674.852.64$4,058
Jun 20231,38468.962.26$3,126
May 20231,45270.622.23$3,234
Apr 20231,43378.122.24$3,207
Mar 20231,45272.852.39$3,475
Feb 20231,30375.112.47$3,213
Jan 20231,43476.533.39$4,858
Dec 20221,45476.415.73$8,330
Nov 20221,42085.005.65$8,018
Oct 20221,53487.185.86$8,995
Sep 20221,59884.888.16$13,046
Aug 20221,75194.529.13$15,982
Jul 20221,875101.587.54$14,141
Jun 20222,098115.097.98$16,736
May 2022644109.378.43$5,431
Apr 2022961104.226.84$6,571
Mar 20221,807108.885.08$9,173
Feb 20221,66891.054.86$8,105
Jan 20221,94981.844.54$8,844
Dec 20212,11971.323.90$8,262
Nov 20212,05977.435.24$10,783
Oct 20212,46579.795.71$14,085
Sep 20213,28369.865.35$17,567
Aug 20211,43466.024.22$6,052
Jul 202162770.783.98$2,497
Jun 202172569.493.38$2,451
May 202175563.483.02$2,278
Apr 202172160.362.76$1,989
Mar 202176161.302.72$2,068
Feb 202173557.805.55$4,078
Jan 202180050.412.81$2,248
Dec 202079044.642.68$2,114
Nov 202074938.772.71$2,027
Oct 202080936.972.48$2,005
Sep 202079037.091.99$1,573
Aug 202079139.982.39$1,887
Jul 202078638.371.83$1,435
Jun 202075634.901.69$1,278
May 202078516.921.81$1,425
Apr 202076514.751.80$1,380
Mar 202078130.341.86$1,450
Feb 202073549.881.98$1,456
Jan 202081757.252.09$1,711
Dec 201986059.012.30$1,982
Nov 201988255.302.75$2,426
Oct 201989953.472.42$2,174
Sep 201974755.052.66$1,985
Aug 201977253.112.30$1,779
Jul 201974656.272.46$1,835
Jun 201973052.782.49$1,819
May 201983358.482.74$2,283
Apr 201979262.632.75$2,179
Mar 201985256.803.06$2,609
Feb 201977650.852.79$2,167
Jan 201996046.033.23$3,099
Dec 20181,13946.594.19$4,767
Nov 20181,65352.934.24$7,004
Oct 201825861.443.40$877
Sep 201890259.543.11$2,803
Aug 201890059.403.07$2,760
Jul 201890565.142.93$2,653
Jun 201893860.183.08$2,886
May 201898365.382.90$2,851
Apr 201898963.842.90$2,869
Mar 20181,03461.222.79$2,882
Feb 201885961.782.77$2,376
Jan 201897462.874.01$3,905
Dec 201793757.272.92$2,737
Nov 201794655.423.12$2,950
Oct 201796849.292.98$2,888
Sep 20171,00447.523.09$3,100
Aug 20171,02145.373.00$3,067
Jul 20171,04643.873.09$3,229
Jun 20171,04042.493.09$3,211
May 20171,07545.373.26$3,508
Apr 20171,08747.933.21$3,491
Mar 20171,06146.772.98$3,166
Feb 20171,10050.452.95$3,248
Jan 20171,24449.413.42$4,253
Dec 201692548.763.72$3,444
Nov 20161,10242.492.64$2,914
Oct 20161,21646.193.09$3,758
Sep 20161,20441.553.10$3,733
Aug 20161,11941.442.92$3,272
Jul 20161,09641.622.92$3,205
Jun 20161,01545.352.69$2,726
May 20161,22642.521.99$2,441
Apr 20161,59136.561.99$3,168
Mar 20161,57233.011.79$2,820
Feb 20161,47626.472.06$3,046
Jan 20161,68527.352.36$3,984
Dec 20151,66832.362.00$3,338
Nov 20151,57038.792.17$3,403
Oct 20151,79343.552.43$4,351
Sep 20151,88642.992.76$5,202
Aug 20151,71740.162.87$4,932
Jul 20151,91248.152.95$5,631
Jun 20151,85656.152.88$5,351
May 20151,94155.212.96$5,737
Apr 20151,91949.822.71$5,194
Mar 20152,06442.892.93$6,057
Feb 20151,58744.662.98$4,723
Jan 20152,00843.433.10$6,226
Dec 20141,92254.693.59$6,903
Nov 20141,88570.464.25$8,015
Oct 20142,19378.303.90$8,555
Sep 20141,30786.164.05$5,287
Aug 20142,08589.394.04$8,413
Jul 20142,13596.564.18$8,923
Jun 20142,07698.164.74$9,834
May 20141,92894.734.73$9,113
Apr 20141,99795.944.81$9,604
Mar 20142,03395.895.06$10,280
Feb 20141,90797.406.19$11,808
Jan 20142,16890.404.86$10,538
Dec 20131,96491.824.35$8,552
Nov 20132,09588.853.74$7,832
Oct 20132,26197.423.78$8,545
Sep 20132,013104.113.72$7,484
Aug 20132,050104.253.52$7,221
Jul 20132,279102.523.72$8,473
Jun 20132,04594.403.93$8,044
May 20132,15994.834.15$8,958
Apr 20132,21993.964.28$9,503
Mar 20132,33093.623.91$9,117
Feb 20132,01291.233.42$6,881
Jan 20132,52391.603.42$8,628
Dec 20122,10186.773.42$7,186
Nov 20122,46186.953.62$8,921
Oct 20122,38089.383.40$8,091
Sep 20122,18894.672.92$6,385
Aug 20122,35292.662.91$6,840
Jul 20122,46485.133.02$7,443
Jun 20122,39479.822.52$6,031
May 20122,50391.612.49$6,228
Apr 20122,567101.652.00$5,126
Mar 20122,141105.052.22$4,757
Feb 20122,364101.102.57$6,076
Jan 20122,60598.092.73$7,122
Dec 20112,61396.873.24$8,465
Nov 20112,60795.723.31$8,633
Oct 20112,61884.983.65$9,552
Sep 20112,56983.623.99$10,240
Aug 20112,69883.404.15$11,195
Jul 20112,72294.144.52$12,296
Jun 20112,58592.904.64$11,994
May 20112,81198.134.40$12,382
Apr 20112,483105.964.33$10,760
Mar 20112,71296.364.06$11,004
Feb 20112,21985.644.18$9,275
Jan 20112,63186.504.59$12,073
Dec 20102,95385.734.35$12,839
Nov 20102,93380.843.80$11,132
Oct 20103,06378.103.51$10,748
Sep 20102,85272.633.98$11,349
Aug 20103,07373.684.42$13,581
Jul 20103,24972.554.74$15,389
Jun 20103,16170.364.91$15,522
May 20103,22871.124.24$13,671
Apr 20102,96881.694.12$12,236
Mar 20103,31878.394.39$14,562
Feb 20103,12973.585.44$17,029
Jan 20102,85274.365.96$17,010
Dec 20093,43471.445.48$18,831
Nov 20093,35674.593.75$12,590
Oct 20093,52072.544.11$14,468
Sep 20093,53065.543.06$10,819
Aug 20093,43767.423.22$11,062
Jul 20093,65761.133.46$12,670
Jun 20093,68566.163.90$14,353
May 20093,93454.743.93$15,444
Apr 20094,00046.773.59$14,350
Mar 20094,29242.144.06$17,421
Feb 20092,93532.814.63$13,598
Jan 20092,70935.865.37$14,550
Dec 20084,20237.105.98$25,116
Nov 20084,27155.496.86$29,301
Oct 20085,13875.246.92$35,565
Sep 20084,222101.767.88$33,257
Aug 20085,395114.228.48$45,766
Jul 20085,417131.0811.39$61,697
Jun 20085,589131.3313.03$72,839
May 20086,188123.1711.57$71,622
Apr 20083,248110.3110.45$33,957
Mar 20084,862101.909.66$46,987
Feb 20084,77192.538.77$41,844
Jan 20085,82490.388.21$47,790
Dec 20075,36088.337.30$39,139
Nov 20075,91991.677.29$43,160
Oct 20075,33582.856.92$36,929
Sep 20075,64175.846.24$35,223
Aug 20075,52469.066.39$35,287
Jul 20075,77270.906.39$36,871
Jun 20076,11862.007.55$46,181
May 20076,84158.747.85$53,676
Apr 20077,19359.617.81$56,143
Mar 20077,28556.927.30$53,195
Feb 200710,08555.108.22$82,858
Jan 20075,93750.306.73$39,937

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
Gas                  584 Mcf  × $  3.05 =     $1,779

────────────────────────────────────────────────────
Month total                                   $1,779

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/229609 is the state's own key, not one this site invented.