METCALF

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231950District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Aug 2007 – May 2026
Value, last 12 filed months
$19 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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

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 Gas112008-01-22177932
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
CondensateDisposition8,847 bbl$662,529
GasProduction425,336 Mcf$1,775,520
Total$2,438,049

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 32.3103, -94.4147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31035, -94.41470 · 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
10,301 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 10,301 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-36536632110,301 ftMar 2009

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 20260754106.413.05$2,297
Apr 2026089998.932.87$2,580
Mar 20260089.753.15$0
Feb 2026057263.503.75$2,145
Jan 2026039859.138.00$3,183
Dec 2025019056.664.41$839
Nov 2025041758.593.93$1,637
Oct 2025016159.383.30$532
Sep 2025024462.743.08$751
Aug 2025038463.933.01$1,158
Jul 2025060466.743.32$2,002
Jun 2025047566.483.13$1,486
May 2025056060.553.23$1,810
Apr 2025045062.363.54$1,594
Mar 2025194767.704.27$4,110
Feb 20251431,47870.884.34$16,552
Jan 202501,97374.324.28$8,442
Dec 202431,70868.993.12$5,538
Nov 202421,03369.052.20$2,409
Oct 20241591,29371.372.28$14,298
Sep 2024074269.612.36$1,754
Aug 202401,86375.632.06$3,845
Jul 202401,85479.932.15$3,980
Jun 202401,60778.082.63$4,233
May 202402,21678.812.20$4,872
Apr 202401,65584.451.66$2,746
Mar 202401,05580.301.55$1,630
Feb 2024095676.091.78$1,705
Jan 2024076873.023.30$2,533
Dec 2023074071.262.61$1,932
Nov 2023080777.892.81$2,266
Oct 202318181985.443.09$17,993
Sep 2023076389.042.74$2,087
Aug 2023086280.522.67$2,304
Jul 2023082374.852.64$2,174
Jun 202316348768.962.26$12,340
May 2023061970.622.23$1,379
Apr 202301,16278.122.24$2,600
Mar 2023086272.852.39$2,063
Feb 202301,11175.112.47$2,739
Jan 2023088276.533.39$2,988
Dec 2022090176.415.73$5,162
Nov 202201,04285.005.65$5,883
Oct 202201,13287.185.86$6,638
Sep 202201,00684.888.16$8,213
Aug 202201,48294.529.13$13,526
Jul 202201,495101.587.54$11,275
Jun 202201,292115.097.98$10,307
May 20220635109.378.43$5,355
Apr 202201,090104.226.84$7,453
Mar 20220676108.885.08$3,432
Feb 202217985891.054.86$20,467
Jan 2022016081.844.54$726
Dec 2021014871.323.90$577
Nov 2021017577.435.24$916
Oct 2021023879.795.71$1,360
Sep 2021018669.865.35$995
Aug 202102,22466.024.22$9,387
Jul 202102,52770.783.98$10,063
Jun 202102,02369.493.38$6,839
May 20211781,87963.483.02$16,970
Apr 202102,81160.362.76$7,754
Mar 202102,57161.302.72$6,985
Feb 202102,60057.805.55$14,425
Jan 202102,62950.412.81$7,388
Dec 202002,49144.642.68$6,665
Nov 202003,10738.772.71$8,409
Oct 2020072536.972.48$1,797
Sep 202006137.091.99$121
Aug 202017857639.982.39$8,490
Jul 2020020238.371.83$369
Jun 2020034234.901.69$578
May 2020029516.921.81$535
Apr 202002,28514.751.80$4,123
Mar 202001,60330.341.86$2,976
Feb 202002,28349.881.98$4,522
Jan 2020055157.252.09$1,154
Dec 2019067459.012.30$1,553
Nov 201916290755.302.75$11,453
Oct 201901,57853.472.42$3,816
Sep 201901,37355.052.66$3,648
Aug 201901,40153.112.30$3,228
Jul 201901,24256.272.46$3,055
Jun 2019085352.782.49$2,125
May 20191771,31758.482.74$13,960
Apr 201901,41162.632.75$3,881
Mar 201901,82356.803.06$5,582
Feb 201901,89650.852.79$5,294
Jan 201905,33546.033.23$17,222
Dec 20181803,51446.594.19$23,094
Nov 201802,85452.934.24$12,093
Oct 201803,00061.443.40$10,194
Sep 201802,93159.543.11$9,110
Aug 201801,96059.403.07$6,010
Jul 201801,86865.142.93$5,477
Jun 2018061660.183.08$1,895
May 201801,53165.382.90$4,441
Apr 2018042363.842.90$1,227
Mar 2018063761.222.79$1,775
Feb 2018060661.782.77$1,676
Jan 201801,25962.874.01$5,048
Dec 201717581257.272.92$12,395
Nov 2017082755.423.12$2,579
Oct 201701,28149.292.98$3,822
Sep 2017088047.523.09$2,717
Aug 2017084145.373.00$2,527
Jul 201701,02643.873.09$3,168
Jun 201701,18342.493.09$3,652
May 201702,65445.373.26$8,661
Apr 2017031547.933.21$1,012
Mar 20170146.772.98$3
Feb 2017069050.452.95$2,037
Jan 201701,43649.413.42$4,909
Dec 201601,14748.763.72$4,270
Nov 201601,49342.492.64$3,948
Oct 20161601,40346.193.09$11,726
Sep 201601,44441.553.10$4,477
Aug 201601,43241.442.92$4,188
Jul 201601,19841.622.92$3,503
Jun 2016081945.352.69$2,200
May 2016098842.521.99$1,967
Apr 20161791,65036.561.99$9,829
Mar 201601,43433.011.79$2,573
Feb 201601,20026.472.06$2,476
Jan 201601,75427.352.36$4,147
Dec 201501,07332.362.00$2,148
Nov 20151491,11638.792.17$8,198
Oct 201501,27143.552.43$3,084
Sep 201501,48042.992.76$4,082
Aug 201501,47040.162.87$4,223
Jul 201501,46248.152.95$4,306
Jun 201501,62356.152.88$4,679
May 20151691,42155.212.96$13,530
Apr 201501,52249.822.71$4,119
Mar 201501,75542.892.93$5,150
Feb 20151641,68244.662.98$12,330
Jan 201511,80343.433.10$5,634
Dec 201401,82454.693.59$6,551
Nov 201411,92970.464.25$8,272
Oct 20141732,05078.303.90$21,543
Sep 201411,97686.164.05$8,080
Aug 20141893,06889.394.04$29,274
Jul 201412,97496.564.18$12,527
Jun 201412,73598.164.74$13,054
May 201444,88694.734.73$23,473
Apr 201434,68195.944.81$22,799
Mar 201433,16495.895.06$16,287
Feb 20141873,36597.406.19$39,050
Jan 201473,62490.404.86$18,248
Dec 20131793,36491.824.35$31,084
Nov 201322,98388.853.74$11,329
Oct 201352,95997.423.78$11,670
Sep 201332,334104.113.72$8,990
Aug 20131802,926104.253.52$29,072
Jul 201332,582102.523.72$9,907
Jun 201343,24194.403.93$13,126
May 201322,99494.834.15$12,612
Apr 201334,29093.964.28$18,654
Mar 201323,05893.623.91$12,153
Feb 20131883,10591.233.42$27,770
Jan 20131833,18691.603.42$27,659
Dec 201203,28286.773.42$11,225
Nov 201223,24686.953.62$11,941
Oct 201212,50389.383.40$8,599
Sep 20121732,29494.672.92$23,073
Aug 201232,43792.662.91$7,365
Jul 201252,51185.133.02$8,011
Jun 20121752,48879.822.52$20,236
May 201202,57091.612.49$6,395
Apr 20121862,457101.652.00$23,813
Mar 201202,587105.052.22$5,749
Feb 201232,373101.102.57$6,402
Jan 20121542,74198.092.73$22,600
Dec 201102,57996.873.24$8,355
Nov 20111782,67195.723.31$25,883
Oct 201112,68084.983.65$9,863
Sep 201102,77783.623.99$11,069
Aug 20111812,18083.404.15$24,141
Jul 201122,34194.144.52$10,763
Jun 20111672,45892.904.64$26,919
May 201122,51098.134.40$11,252
Apr 201112,804105.964.33$12,256
Mar 2011618296.364.06$1,317
Feb 201135037185.644.18$31,525
Jan 201193,18586.504.59$15,394
Dec 20101752,99085.734.35$28,003
Nov 201002,68980.843.80$10,206
Oct 201002,96978.103.51$10,418
Sep 20101532,74272.633.98$22,024
Aug 20101812,96873.684.42$26,453
Jul 201002,84272.554.74$13,461
Jun 201003,03770.364.91$14,913
May 20101763,43871.124.24$27,078
Apr 201003,40581.694.12$14,038
Mar 20101843,86578.394.39$31,386
Feb 201013,47673.585.44$18,991
Jan 20101723,22674.365.96$32,030
Dec 20091383,30671.445.48$27,988
Nov 2009084874.593.75$3,181
Oct 20091631,40772.544.11$17,607
Sep 20091861,79665.543.06$17,695
Aug 20091822,37067.423.22$19,898
Jul 200902,90661.133.46$10,068
Jun 20091963,35466.163.90$26,031
May 20091814,54054.743.93$27,731
Apr 20093606,25246.773.59$39,266
Mar 200986,86442.144.06$28,198
Feb 2009081432.814.63$3,771
Jan 20091962,29835.865.37$19,371
Dec 200802,01337.105.98$12,032
Nov 2008080555.496.86$5,523
Oct 2008089975.246.92$6,223
Sep 200801,305101.767.88$10,280
Aug 2008169420114.228.48$22,866
Jul 200801,013131.0811.39$11,537
Jun 200811,453131.3313.03$19,068
May 20081772,312123.1711.57$48,561
Apr 20082083,315110.3110.45$57,602
Mar 200833,477101.909.66$33,908
Feb 200804,86892.538.77$42,695
Jan 200802,23490.388.21$18,332
Dec 200706,62088.337.30$48,339
Nov 200725,21091.677.29$38,173
Oct 200767,41882.856.92$51,844
Sep 200735,87075.846.24$36,881
Aug 200708869.066.39$562

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                  754 Mcf  × $  3.05 =     $2,297

────────────────────────────────────────────────────
Month total                                   $2,297

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/231950 is the state's own key, not one this site invented.