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 230989District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Mar 2007 – May 2026
Value, last 12 filed months
$881
at the published price for each month
Months reported
231
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 Gas112007-12-18174854
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
CondensateDisposition28 bbl$2,086
GasProduction162,583 Mcf$1,001,476
Total$1,003,563

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 32.4201, -94.6602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42015, -94.66020 · 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
11,015 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 11,015 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-20333612711,015 ftMar 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 (231)

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

231 months

May 2026030106.413.05$91
Apr 20260898.932.87$23
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 202501459.383.30$46
Sep 202502262.743.08$68
Aug 20250063.933.01$0
Jul 2025019766.743.32$653
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202533667.704.27$357
Feb 20250070.884.34$0
Jan 2025019874.324.28$847
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 202406878.082.63$179
May 202401378.812.20$29
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202401776.091.78$30
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202303,53285.443.09$10,904
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202304174.852.64$108
Jun 20230068.962.26$0
May 202301470.622.23$31
Apr 202301478.122.24$31
Mar 20230672.852.39$14
Feb 20230275.112.47$5
Jan 202301476.533.39$47
Dec 20220876.415.73$46
Nov 202201985.005.65$107
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220894.529.13$73
Jul 20220764101.587.54$5,762
Jun 20220373115.097.98$2,976
May 20225186109.378.43$2,115
Apr 2022080104.226.84$547
Mar 202202108.885.08$10
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210377.435.24$16
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210670.783.98$24
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202101661.302.72$43
Feb 2021013157.805.55$727
Jan 202102350.412.81$65
Dec 2020048644.642.68$1,300
Nov 2020058038.772.71$1,570
Oct 2020030436.972.48$753
Sep 2020023937.091.99$476
Aug 2020054839.982.39$1,307
Jul 20200038.371.83$0
Jun 2020032834.901.69$554
May 2020066116.921.81$1,200
Apr 2020078914.751.80$1,424
Mar 2020018530.341.86$343
Feb 202002149.881.98$42
Jan 202003957.252.09$82
Dec 201907759.012.30$177
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019026655.052.66$707
Aug 2019013753.112.30$316
Jul 2019014456.272.46$354
Jun 2019017852.782.49$443
May 2019024358.482.74$666
Apr 2019013462.632.75$369
Mar 2019022356.803.06$683
Feb 2019032750.852.79$913
Jan 2019064246.033.23$2,072
Dec 2018058946.594.19$2,465
Nov 2018092952.934.24$3,936
Oct 201801,08061.443.40$3,670
Sep 2018091559.543.11$2,844
Aug 201804659.403.07$141
Jul 2018059865.142.93$1,753
Jun 2018021560.183.08$662
May 2018015965.382.90$461
Apr 201807963.842.90$229
Mar 201809561.222.79$265
Feb 201806861.782.77$188
Jan 201807362.874.01$293
Dec 201708757.272.92$254
Nov 2017015455.423.12$480
Oct 201702049.292.98$60
Sep 201706247.523.09$191
Aug 201707745.373.00$231
Jul 201703843.873.09$117
Jun 201706842.493.09$210
May 201705045.373.26$163
Apr 2017019447.933.21$623
Mar 201709446.772.98$280
Feb 201705450.452.95$159
Jan 201706649.413.42$226
Dec 201606748.763.72$249
Nov 201606642.492.64$175
Oct 201603446.193.09$105
Sep 201601141.553.10$34
Aug 201605841.442.92$170
Jul 201609641.622.92$281
Jun 2016011045.352.69$295
May 20160042.521.99$0
Apr 201603536.561.99$70
Mar 201602633.011.79$47
Feb 201603526.472.06$72
Jan 201608927.352.36$210
Dec 201503432.362.00$68
Nov 2015011338.792.17$245
Oct 2015022943.552.43$556
Sep 2015021642.992.76$596
Aug 2015021140.162.87$606
Jul 2015018248.152.95$536
Jun 2015023156.152.88$666
May 2015042355.212.96$1,250
Apr 2015015049.822.71$406
Mar 2015018642.892.93$546
Feb 201501344.662.98$39
Jan 201501943.433.10$59
Dec 201403154.693.59$111
Nov 201402670.464.25$111
Oct 201401878.303.90$70
Sep 201402486.164.05$97
Aug 201402889.394.04$113
Jul 201403296.564.18$134
Jun 201402898.164.74$133
May 201401794.734.73$80
Apr 201403395.944.81$159
Mar 201403395.895.06$167
Feb 201402797.406.19$167
Jan 201402890.404.86$136
Dec 201303391.824.35$144
Nov 201304188.853.74$153
Oct 201305497.423.78$204
Sep 2013060104.113.72$223
Aug 2013077104.253.52$271
Jul 20130148102.523.72$550
Jun 2013037494.403.93$1,471
May 2013039194.834.15$1,622
Apr 2013035293.964.28$1,507
Mar 2013044493.623.91$1,737
Feb 2013046991.233.42$1,604
Jan 2013041291.603.42$1,409
Dec 2012075886.773.42$2,592
Nov 2012040786.953.62$1,475
Oct 2012042789.383.40$1,452
Sep 2012046494.672.92$1,354
Aug 2012055792.662.91$1,620
Jul 2012048785.133.02$1,471
Jun 2012038779.822.52$975
May 2012050991.612.49$1,267
Apr 20120475101.652.00$948
Mar 20120519105.052.22$1,153
Feb 20120487101.102.57$1,252
Jan 2012044998.092.73$1,228
Dec 201101,03396.873.24$3,347
Nov 2011066995.723.31$2,215
Oct 2011074984.983.65$2,733
Sep 2011083383.623.99$3,320
Aug 2011078383.404.15$3,249
Jul 2011097694.144.52$4,409
Jun 2011097792.904.64$4,533
May 2011058498.134.40$2,572
Apr 20110735105.964.33$3,185
Mar 2011084296.364.06$3,416
Feb 2011073285.644.18$3,060
Jan 201101,13086.504.59$5,185
Dec 2010072685.734.35$3,156
Nov 201001,14280.843.80$4,334
Oct 2010061078.103.51$2,140
Sep 2010082772.633.98$3,291
Aug 2010061873.684.42$2,731
Jul 201001,16572.554.74$5,518
Jun 2010046970.364.91$2,303
May 2010069371.124.24$2,935
Apr 2010089181.694.12$3,673
Mar 201001,21678.394.39$5,337
Feb 201001,12773.585.44$6,134
Jan 2010019474.365.96$1,157
Dec 2009066571.445.48$3,647
Nov 200901,44074.593.75$5,402
Oct 200904,84672.544.11$19,918
Sep 200901,48865.543.06$4,560
Aug 200901,80667.423.22$5,813
Jul 2009046261.133.46$1,601
Jun 200901,02266.163.90$3,981
May 200901,48954.743.93$5,845
Apr 200921,78746.773.59$6,504
Mar 200902,09542.144.06$8,504
Feb 200901,73232.814.63$8,024
Jan 200902,59235.865.37$13,922
Dec 200822,08537.105.98$12,537
Nov 200802,51355.496.86$17,240
Oct 200802,26175.246.92$15,651
Sep 200802,051101.767.88$16,156
Aug 200812,337114.228.48$19,939
Jul 200822,598131.0811.39$29,852
Jun 200802,687131.3313.03$35,019
May 200802,864123.1711.57$33,149
Apr 200803,144110.3110.45$32,870
Mar 200804,067101.909.66$39,304
Feb 200803,49892.538.77$30,679
Jan 200804,43090.388.21$36,351
Dec 200704,32588.337.30$31,581
Nov 200704,23691.677.29$30,888
Oct 200705,62882.856.92$38,957
Sep 200704,83275.846.24$30,172
Aug 200702,11869.066.39$13,530
Jul 200713,09670.906.39$19,848
Jun 200753,25362.007.55$24,865
May 200776,20958.747.85$49,129
Apr 2007012,47359.617.81$97,354
Mar 2007010,78756.927.30$78,766

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                   30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                      $91

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/230989 is the state's own key, not one this site invented.