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 231591District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Aug 2007 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
226
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 Gas112008-01-22178374
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
CondensateDisposition24 bbl$2,073
GasProduction184,324 Mcf$1,006,991
Total$1,009,065

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 32.4177, -94.6626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41775, -94.66258 · 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
11,219 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 11,219 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-20333613811,219 ftAug 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 (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026052663.503.75$1,973
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 2025049666.743.32$1,644
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202510067.704.27$677
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 20240578.812.20$11
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 202307885.443.09$241
Sep 202303889.042.74$104
Aug 202307680.522.67$203
Jul 2023039574.852.64$1,044
Jun 202303968.962.26$88
May 202304070.622.23$89
Apr 2023011178.122.24$248
Mar 202303572.852.39$84
Feb 202309675.112.47$237
Jan 202304976.533.39$166
Dec 202205976.415.73$338
Nov 202201485.005.65$79
Oct 202201387.185.86$76
Sep 20220184.888.16$8
Aug 20220894.529.13$73
Jul 20220142101.587.54$1,071
Jun 2022020115.097.98$160
May 2022127109.378.43$1,371
Apr 202208104.226.84$55
Mar 202202108.885.08$10
Feb 20220091.054.86$0
Jan 20220581.844.54$23
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202101170.783.98$44
Jun 202104569.493.38$152
May 20210063.483.02$0
Apr 202105060.362.76$138
Mar 202104661.302.72$125
Feb 2021018857.805.55$1,043
Jan 2021029450.412.81$826
Dec 2020039744.642.68$1,062
Nov 2020032338.772.71$874
Oct 2020020636.972.48$511
Sep 2020027137.091.99$540
Aug 202004839.982.39$114
Jul 20200038.371.83$0
Jun 2020049034.901.69$828
May 2020058216.921.81$1,056
Apr 2020060314.751.80$1,088
Mar 2020024330.341.86$451
Feb 2020013449.881.98$265
Jan 2020013757.252.09$287
Dec 2019049459.012.30$1,138
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019022055.052.66$585
Aug 2019070753.112.30$1,629
Jul 201901,00756.272.46$2,477
Jun 201901,23552.782.49$3,077
May 201901,03258.482.74$2,828
Apr 201901,10362.632.75$3,034
Mar 201901,36356.803.06$4,174
Feb 201901,54550.852.79$4,314
Jan 201901,39946.033.23$4,516
Dec 2018083246.594.19$3,482
Nov 2018071852.934.24$3,042
Oct 2018072861.443.40$2,474
Sep 201801,16959.543.11$3,633
Aug 201801,87859.403.07$5,759
Jul 201801,59365.142.93$4,670
Jun 201801,48860.183.08$4,578
May 2018023565.382.90$682
Apr 2018017163.842.90$496
Mar 2018021061.222.79$585
Feb 2018021661.782.77$597
Jan 2018031262.874.01$1,251
Dec 2017029057.272.92$847
Nov 2017023555.423.12$733
Oct 2017011749.292.98$349
Sep 2017016947.523.09$522
Aug 2017018745.373.00$562
Jul 2017021343.873.09$658
Jun 2017017642.493.09$543
May 2017039645.373.26$1,292
Apr 2017035447.933.21$1,137
Mar 2017011946.772.98$355
Feb 2017029350.452.95$865
Jan 2017023049.413.42$786
Dec 2016029148.763.72$1,083
Nov 2016031142.492.64$822
Oct 2016021746.193.09$671
Sep 2016040641.553.10$1,259
Aug 2016021841.442.92$638
Jul 2016032541.622.92$950
Jun 2016055245.352.69$1,483
May 20160042.521.99$0
Apr 2016035936.561.99$715
Mar 2016021033.011.79$377
Feb 2016024026.472.06$495
Jan 2016035927.352.36$849
Dec 2015016232.362.00$324
Nov 2015027938.792.17$605
Oct 2015026943.552.43$653
Sep 2015020842.992.76$574
Aug 2015032840.162.87$942
Jul 2015036848.152.95$1,084
Jun 2015043656.152.88$1,257
May 2015052855.212.96$1,560
Apr 2015028949.822.71$782
Mar 2015029242.892.93$857
Feb 2015015244.662.98$452
Jan 2015018943.433.10$586
Dec 2014029354.693.59$1,052
Nov 2014033770.464.25$1,433
Oct 2014049478.303.90$1,927
Sep 2014039586.164.05$1,598
Aug 2014046189.394.04$1,860
Jul 2014058496.564.18$2,441
Jun 2014067798.164.74$3,207
May 2014075194.734.73$3,550
Apr 2014061295.944.81$2,943
Mar 2014054695.895.06$2,761
Feb 2014041097.406.19$2,539
Jan 2014044590.404.86$2,163
Dec 2013082991.824.35$3,610
Nov 2013040088.853.74$1,495
Oct 2013069397.423.78$2,619
Sep 20130878104.113.72$3,264
Aug 201301,142104.253.52$4,023
Jul 20130805102.523.72$2,993
Jun 2013074694.403.93$2,934
May 2013076794.834.15$3,182
Apr 2013077293.964.28$3,306
Mar 2013062393.623.91$2,438
Feb 2013083891.233.42$2,866
Jan 2013079791.603.42$2,726
Dec 201201,15586.773.42$3,950
Nov 2012018286.953.62$660
Oct 2012064589.383.40$2,193
Sep 2012049194.672.92$1,433
Aug 2012074092.662.91$2,152
Jul 201201,00885.133.02$3,045
Jun 2012070679.822.52$1,778
May 2012067991.612.49$1,690
Apr 20120642101.652.00$1,282
Mar 20120684105.052.22$1,520
Feb 20120649101.102.57$1,668
Jan 2012078198.092.73$2,135
Dec 201101,11996.873.24$3,625
Nov 201101,25795.723.31$4,162
Oct 2011081584.983.65$2,974
Sep 2011015683.623.99$622
Aug 2011083783.404.15$3,473
Jul 2011096294.144.52$4,346
Jun 2011090892.904.64$4,213
May 2011081698.134.40$3,594
Apr 20110936105.964.33$4,056
Mar 2011096596.364.06$3,915
Feb 2011076085.644.18$3,177
Jan 201101,13886.504.59$5,222
Dec 201001,27285.734.35$5,530
Nov 2010074880.843.80$2,839
Oct 201001,71278.103.51$6,007
Sep 201001,27072.633.98$5,054
Aug 201003,77373.684.42$16,674
Jul 201002,26672.554.74$10,733
Jun 201002,46770.364.91$12,114
May 2010099271.124.24$4,201
Apr 201001,17381.694.12$4,836
Mar 201002,05878.394.39$9,032
Feb 201001,72773.585.44$9,399
Jan 2010089674.365.96$5,344
Dec 200901,39071.445.48$7,622
Nov 200901,18774.593.75$4,453
Oct 2009061072.544.11$2,507
Sep 2009078665.543.06$2,409
Aug 200901,02567.423.22$3,299
Jul 200901,17661.133.46$4,074
Jun 200902,86966.163.90$11,175
May 200901,67254.743.93$6,564
Apr 200912,29246.773.59$8,269
Mar 200902,84842.144.06$11,560
Feb 200902,24532.814.63$10,401
Jan 200902,22235.865.37$11,934
Dec 200812,42337.105.98$14,520
Nov 200801,88555.496.86$12,932
Oct 200802,29575.246.92$15,886
Sep 200802,403101.767.88$18,929
Aug 200802,736114.228.48$23,210
Jul 200803,133131.0811.39$35,683
Jun 200803,505131.3313.03$45,679
May 200803,914123.1711.57$45,302
Apr 200804,256110.3110.45$44,496
Mar 200803,398101.909.66$32,839
Feb 200804,44792.538.77$39,003
Jan 200804,13390.388.21$33,914
Dec 200704,87688.337.30$35,604
Nov 200706,09491.677.29$44,436
Oct 200705,61582.856.92$38,867
Sep 2007014,90475.846.24$93,063
Aug 200703,55269.066.39$22,690

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  526 Mcf  × $  3.75 =     $1,973

────────────────────────────────────────────────────
Month total                                   $1,973

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/231591 is the state's own key, not one this site invented.