RETTIG

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

Gas lease lease 232432District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Sep 2007 – Nov 2020
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
159
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112008-02-27179073
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
CondensateDisposition3,029 bbl$235,382
GasProduction330,668 Mcf$1,827,241
Total$2,062,623

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 32.0214, -94.6840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02136, -94.68400 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,816 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
1100.0%
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.
00.0%

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 10,816 ft.

Completions filed
Aug 2020
1 of 1 wells

1 well

42-40134300310,816 ftAug 2020Yes

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 (159)

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

159 months

Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202014037.091.99$519
Aug 2020350039.982.39$13,993
Jul 2020026438.371.83$482
Jun 2020070634.901.69$1,193
May 2020068716.921.81$1,247
Apr 2020066414.751.80$1,198
Mar 2020069730.341.86$1,294
Feb 2020067649.881.98$1,339
Jan 2020075057.252.09$1,571
Dec 2019075059.012.30$1,728
Nov 2019075555.302.75$2,077
Oct 2019077853.472.42$1,882
Sep 2019080855.052.66$2,147
Aug 2019077753.112.30$1,790
Jul 2019078456.272.46$1,929
Jun 2019095752.782.49$2,384
May 2019082658.482.74$2,264
Apr 2019078562.632.75$2,159
Mar 2019094056.803.06$2,878
Feb 2019083150.852.79$2,320
Jan 2019096946.033.23$3,128
Dec 2018096446.594.19$4,035
Nov 201801,12852.934.24$4,780
Oct 2018074561.443.40$2,532
Sep 201821,08859.543.11$3,501
Aug 201801,94159.403.07$5,952
Jul 2018199965.142.93$2,994
Jun 201871,77960.183.08$5,895
May 2018086165.382.90$2,498
Apr 201811,52163.842.90$4,476
Mar 201821,50961.222.79$4,328
Feb 2018101,40361.782.77$4,499
Jan 201801,23362.874.01$4,943
Dec 201721,52357.272.92$4,564
Nov 201711,49355.423.12$4,711
Oct 2017098349.292.98$2,933
Sep 201721,32347.523.09$4,180
Aug 201701,13745.373.00$3,416
Jul 2017011243.873.09$346
Jun 2017039142.493.09$1,207
May 2017054045.373.26$1,762
Apr 2017049247.933.21$1,580
Mar 201721,88946.772.98$5,730
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20161141.553.10$45
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016027336.561.99$544
Mar 2016040433.011.79$725
Feb 201604026.472.06$83
Jan 2016019327.352.36$456
Dec 2015041332.362.00$827
Nov 2015035238.792.17$763
Oct 2015023043.552.43$558
Sep 201516952642.992.76$8,716
Aug 2015052540.162.87$1,508
Jul 2015070348.152.95$2,070
Jun 2015035556.152.88$1,023
May 2015056555.212.96$1,670
Apr 2015032749.822.71$885
Mar 2015053342.892.93$1,564
Feb 2015173344.662.98$2,226
Jan 2015052143.433.10$1,615
Dec 2014064254.693.59$2,306
Nov 2014051670.464.25$2,194
Oct 2014028678.303.90$1,116
Sep 2014044786.164.05$1,808
Aug 2014028489.394.04$1,146
Jul 2014096796.564.18$4,042
Jun 20141751,06298.164.74$22,209
May 2014158794.734.73$2,869
Apr 2014170295.944.81$3,472
Mar 2014078695.895.06$3,975
Feb 201401,36497.406.19$8,446
Jan 2014085590.404.86$4,156
Dec 2013097191.824.35$4,228
Nov 2013051988.853.74$1,940
Oct 2013093397.423.78$3,526
Sep 201301,027104.113.72$3,818
Aug 201301,238104.253.52$4,361
Jul 20130869102.523.72$3,231
Jun 201301,28094.403.93$5,035
May 2013197494.834.15$4,136
Apr 201318596393.964.28$21,507
Mar 201301,20693.623.91$4,719
Feb 2013091391.233.42$3,122
Jan 201321,33791.603.42$4,756
Dec 201201,30686.773.42$4,467
Nov 201211,13386.953.62$4,194
Oct 201211,56289.383.40$5,400
Sep 201211,74394.672.92$5,181
Aug 201211,90392.662.91$5,627
Jul 201231,45185.133.02$4,639
Jun 201201,95179.822.52$4,915
May 201201,40491.612.49$3,494
Apr 20121931,180101.652.00$21,975
Mar 201211,943105.052.22$4,423
Feb 201201,808101.102.57$4,647
Jan 201202,53298.092.73$6,923
Dec 201102,18396.873.24$7,072
Nov 201102,29695.723.31$7,603
Oct 201102,38884.983.65$8,713
Sep 201102,78283.623.99$11,089
Aug 201102,77983.404.15$11,531
Jul 201102,84294.144.52$12,838
Jun 201102,35592.904.64$10,927
May 20111852,34198.134.40$28,466
Apr 201102,169105.964.33$9,399
Mar 201103,01896.364.06$12,245
Feb 201102,91485.644.18$12,180
Jan 201103,01586.504.59$13,835
Dec 201003,11585.734.35$13,543
Nov 20101792,69780.843.80$24,706
Oct 201003,03678.103.51$10,653
Sep 201003,37272.633.98$13,419
Aug 201002,98373.684.42$13,183
Jul 201003,39972.554.74$16,099
Jun 201003,20570.364.91$15,738
May 201003,66271.124.24$15,509
Apr 20101353,29281.694.12$24,600
Mar 201002,97778.394.39$13,065
Feb 201003,23873.585.44$17,622
Jan 201003,81174.365.96$22,729
Dec 200903,93471.445.48$21,573
Nov 200903,68774.593.75$13,832
Oct 2009763,89972.544.11$21,539
Sep 20091083,95865.543.06$19,209
Aug 2009444,48067.423.22$17,385
Jul 200904,39961.133.46$15,240
Jun 200904,38966.163.90$17,095
May 200904,93854.743.93$19,385
Apr 200904,82746.773.59$17,317
Mar 20091904,87142.144.06$27,778
Feb 20091944,15432.814.63$25,611
Jan 200904,92135.865.37$26,431
Dec 200805,96837.105.98$35,672
Nov 200816,16855.496.86$42,370
Oct 200816,85475.246.92$47,518
Sep 200807,674101.767.88$60,449
Aug 200808,376114.228.48$71,054
Jul 20081879,811131.0811.39$136,254
Jun 200807,044131.3313.03$91,802
May 200803,909123.1711.57$45,244
Apr 20081846,123110.3110.45$84,312
Mar 200827,515101.909.66$72,829
Feb 20082047,30792.538.77$82,963
Jan 20082058,85990.388.21$91,222
Dec 2007011,92788.337.30$87,091
Nov 2007012,39391.677.29$90,366
Oct 2007311,60382.856.92$80,564
Sep 200701575.846.24$94

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.

Sep 2020 — as filed, then multipliedworked
Condensate            14 bbl  × $ 37.09 =       $519
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                     $519

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/232432 is the state's own key, not one this site invented.