PALMER

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232655District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jul 2007 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
227
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 382 leases and 382 wells, and the rule below applies to all of them.

Discovered
1981-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2014-10-14.

The Commission's schedule remark for this field reads: API NO. 401-34011.

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 Gas112008-08-14184906
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
CondensateDisposition3,852 bbl$312,014
GasProduction142,678 Mcf$821,459
Total$1,133,473

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 31.9986, -94.6650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99858, -94.66502 · 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
10,840 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 10,840 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-40134336110,840 ftJul 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 (227)

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

227 months

May 2026036106.413.05$110
Apr 202607898.932.87$224
Mar 2026014889.753.15$466
Feb 202606963.503.75$259
Jan 202609259.138.00$736
Dec 2025010156.664.41$446
Nov 202506458.593.93$251
Oct 202505659.383.30$185
Sep 202508562.743.08$262
Aug 202507463.933.01$223
Jul 2025013466.743.32$444
Jun 2025018166.483.13$566
May 2025012560.553.23$404
Apr 2025019762.363.54$698
Mar 2025032467.704.27$1,383
Feb 2025022370.884.34$968
Jan 2025038174.324.28$1,630
Dec 202413843968.993.12$10,891
Nov 2024232869.052.20$859
Oct 2024021671.372.28$493
Sep 202403169.612.36$73
Aug 2024237175.632.06$1,886
Jul 2024011279.932.15$240
Jun 2024018178.082.63$477
May 2024025178.812.20$552
Apr 2024123984.451.66$481
Mar 202405980.301.55$91
Feb 2024020976.091.78$373
Jan 2024016473.023.30$541
Dec 202307271.262.61$188
Nov 202304977.892.81$138
Oct 202303085.443.09$93
Sep 202303989.042.74$107
Aug 2023143880.522.67$1,251
Jul 2023152874.852.64$1,470
Jun 202304368.962.26$97
May 202303770.622.23$82
Apr 202305178.122.24$114
Mar 2023125772.852.39$688
Feb 2023124975.112.47$689
Jan 202305976.533.39$200
Dec 202204476.415.73$252
Nov 202207185.005.65$401
Oct 2022025787.185.86$1,507
Sep 2022017584.888.16$1,429
Aug 2022117494.529.13$1,683
Jul 20220316101.587.54$2,383
Jun 20224283115.097.98$2,718
May 202205109.378.43$42
Apr 20221247104.226.84$1,793
Mar 2022107313108.885.08$13,239
Feb 2022032091.054.86$1,555
Jan 2022235681.844.54$1,779
Dec 202105071.323.90$195
Nov 2021027877.435.24$1,456
Oct 2021129279.795.71$1,748
Sep 2021032169.865.35$1,718
Aug 2021117766.024.22$813
Jul 2021029770.783.98$1,183
Jun 2021047369.493.38$1,599
May 2021112,35063.483.02$7,790
Apr 202103860.362.76$105
Mar 2021241261.302.72$1,242
Feb 20210057.805.55$0
Jan 2021121250.412.81$646
Dec 20208930544.642.68$4,789
Nov 2020047538.772.71$1,286
Oct 2020021936.972.48$543
Sep 2020242837.091.99$926
Aug 2020023339.982.39$556
Jul 2020046038.371.83$840
Jun 2020218834.901.69$388
May 2020031516.921.81$572
Apr 2020152114.751.80$955
Mar 2020140530.341.86$782
Feb 2020021549.881.98$426
Jan 2020147857.252.09$1,059
Dec 2019126159.012.30$660
Nov 2019250055.302.75$1,486
Oct 20198725753.472.42$5,273
Sep 2019033355.052.66$885
Aug 2019164053.112.30$1,528
Jul 2019044856.272.46$1,102
Jun 20190052.782.49$0
May 2019251458.482.74$1,525
Apr 2019025662.632.75$704
Mar 2019031556.803.06$965
Feb 2019024250.852.79$676
Jan 20191142446.033.23$1,875
Dec 2018024846.594.19$1,038
Nov 2018045052.934.24$1,907
Oct 2018075061.443.40$2,549
Sep 201803559.543.11$109
Aug 201813359.403.07$161
Jul 201818125765.142.93$12,544
Jun 2018041960.183.08$1,289
May 2018018265.382.90$528
Apr 2018041063.842.90$1,189
Mar 20181344161.222.79$2,025
Feb 201804161.782.77$113
Jan 2018050562.874.01$2,025
Dec 2017021457.272.92$625
Nov 2017058355.423.12$1,818
Oct 2017023749.292.98$707
Sep 2017035747.523.09$1,102
Aug 2017046045.373.00$1,382
Jul 2017031343.873.09$966
Jun 2017049842.493.09$1,537
May 2017048145.373.26$1,570
Apr 201717731047.933.21$9,479
Mar 2017030746.772.98$916
Feb 2017221250.452.95$727
Jan 2017049149.413.42$1,679
Dec 2016120448.763.72$808
Nov 2016062642.492.64$1,655
Oct 2016033746.193.09$1,041
Sep 2016036241.553.10$1,122
Aug 2016015741.442.92$459
Jul 2016035541.622.92$1,038
Jun 2016034445.352.69$924
May 2016010042.521.99$199
Apr 2016012436.561.99$247
Mar 2016046033.011.79$825
Feb 20164037826.472.06$1,839
Jan 2016041827.352.36$988
Dec 2015045832.362.00$917
Nov 2015040838.792.17$884
Oct 2015041643.552.43$1,009
Sep 201517141442.992.76$8,493
Aug 2015048240.162.87$1,385
Jul 2015042248.152.95$1,243
Jun 2015043956.152.88$1,266
May 2015043955.212.96$1,297
Apr 2015046149.822.71$1,248
Mar 2015046042.892.93$1,350
Feb 2015045144.662.98$1,342
Jan 2015045043.433.10$1,395
Dec 2014055454.693.59$1,990
Nov 2014045370.464.25$1,926
Oct 2014043278.303.90$1,685
Sep 2014044386.164.05$1,792
Aug 2014061189.394.04$2,465
Jul 201415438996.564.18$16,496
Jun 2014060898.164.74$2,880
May 2014043494.734.73$2,051
Apr 2014041895.944.81$2,010
Mar 2014061795.895.06$3,120
Feb 2014043797.406.19$2,706
Jan 2014044190.404.86$2,144
Dec 2013064591.824.35$2,809
Nov 2013041788.853.74$1,559
Oct 201316272297.423.78$18,511
Sep 20130407104.113.72$1,513
Aug 20130465104.253.52$1,638
Jul 20130649102.523.72$2,413
Jun 2013043694.403.93$1,715
May 2013057194.834.15$2,369
Apr 2013068893.964.28$2,946
Mar 2013045093.623.91$1,761
Feb 2013061491.233.42$2,100
Jan 2013055391.603.42$1,891
Dec 2012037986.773.42$1,296
Nov 201215869186.953.62$16,243
Oct 2012043889.383.40$1,489
Sep 2012065794.672.92$1,917
Aug 2012053692.662.91$1,559
Jul 2012050585.133.02$1,526
Jun 2012067079.822.52$1,688
May 2012061191.612.49$1,520
Apr 20120552101.652.00$1,102
Mar 20120490105.052.22$1,089
Feb 20121701,042101.102.57$19,865
Jan 20120098.092.73$0
Dec 2011043396.873.24$1,403
Nov 2011064695.723.31$2,139
Oct 2011066484.983.65$2,423
Sep 2011061083.623.99$2,431
Aug 2011047683.404.15$1,975
Jul 2011078694.144.52$3,551
Jun 2011034092.904.64$1,578
May 201117573798.134.40$20,419
Apr 20110664105.964.33$2,877
Mar 2011038996.364.06$1,578
Feb 2011061485.644.18$2,567
Jan 2011093986.504.59$4,309
Dec 2010058085.734.35$2,522
Nov 2010065980.843.80$2,501
Oct 2010098978.103.51$3,470
Sep 2010060472.633.98$2,404
Aug 2010065873.684.42$2,908
Jul 2010097672.554.74$4,623
Jun 201018287570.364.91$17,102
May 2010092771.124.24$3,926
Apr 2010082181.694.12$3,385
Mar 2010093178.394.39$4,086
Feb 201001,08473.585.44$5,900
Jan 2010086074.365.96$5,129
Dec 20091791,06871.445.48$18,644
Nov 200901,27274.593.75$4,772
Oct 200901,33872.544.11$5,500
Sep 200901,23565.543.06$3,785
Aug 200901,49967.423.22$4,825
Jul 20091751,48161.133.46$15,829
Jun 200901,45966.163.90$5,683
May 200901,63354.743.93$6,411
Apr 20091831,59246.773.59$14,270
Mar 200901,99542.144.06$8,098
Feb 200901,78432.814.63$8,265
Jan 200902,12835.865.37$11,429
Dec 20081741,76837.105.98$17,023
Nov 200802,00755.496.86$13,769
Oct 200802,39075.246.92$16,544
Sep 20081782,133101.767.88$34,915
Aug 200802,891114.228.48$24,524
Jul 20081644,089131.0811.39$68,069
Jun 20081775,161131.3313.03$90,507
May 200806,609123.1711.57$76,494
Apr 20081777,339110.3110.45$96,253
Mar 20081797,153101.909.66$87,367
Feb 20081806,55592.538.77$74,147
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0

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                   36 Mcf  × $  3.05 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/232655 is the state's own key, not one this site invented.