SLEDGE

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 232893District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Dec 2007 – May 2021
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
162
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 Gas112008-03-18180252
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
CondensateDisposition8,097 bbl$682,309
GasProduction414,866 Mcf$2,375,497
Total$3,057,806

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 32.0107, -94.7074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01066, -94.70741 · 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
10,850 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 10,850 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-40134488110,850 ftMar 2022Yes

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 (162)

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

162 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202116061.302.72$981
Feb 20210057.805.55$0
Jan 2021175050.412.81$8,822
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200137.091.99$2
Aug 2020023839.982.39$568
Jul 20200038.371.83$0
Jun 20200134.901.69$2
May 202009516.921.81$172
Apr 20200014.751.80$0
Mar 20200130.341.86$2
Feb 2020040849.881.98$808
Jan 2020024057.252.09$503
Dec 201907159.012.30$164
Nov 2019021655.302.75$594
Oct 20190053.472.42$0
Sep 2019011755.052.66$311
Aug 2019110153.112.30$286
Jul 2019326256.272.46$813
Jun 2019632252.782.49$1,119
May 201926058.482.74$281
Apr 20192362.632.75$134
Mar 20190056.803.06$0
Feb 201971050.852.79$384
Jan 20190946.033.23$29
Dec 20181735646.594.19$8,294
Nov 201813852.934.24$214
Oct 201885961.443.40$692
Sep 201858759.543.11$568
Aug 201808859.403.07$270
Jul 201814665.142.93$200
Jun 20181156360.183.08$2,394
May 2018094065.382.90$2,727
Apr 2018196763.842.90$2,869
Mar 2018498361.222.79$2,984
Feb 20182398861.782.77$4,154
Jan 201801,06762.874.01$4,278
Dec 2017149457.272.92$1,501
Nov 201741,16155.423.12$3,842
Oct 2017089249.292.98$2,661
Sep 201721,11947.523.09$3,550
Aug 201711,27645.373.00$3,879
Jul 201721,27343.873.09$4,018
Jun 201701,18642.493.09$3,662
May 201711,43945.373.26$4,741
Apr 2017099847.933.21$3,205
Mar 201711846.772.98$100
Feb 20171150.452.95$53
Jan 20172349.413.42$109
Dec 20160148.763.72$4
Nov 201604942.492.64$130
Oct 201614746.193.09$191
Sep 2016290741.553.10$2,895
Aug 20161771,52741.442.92$11,800
Jul 201601,39841.622.92$4,088
Jun 20160045.352.69$0
May 20160442.521.99$8
Apr 201621936.561.99$111
Mar 201601,04333.011.79$1,871
Feb 2016074726.472.06$1,542
Jan 2016062627.352.36$1,480
Dec 2015177632.362.00$1,585
Nov 2015047038.792.17$1,019
Oct 201501,16443.552.43$2,825
Sep 20151781,08742.992.76$10,651
Aug 201501,10440.162.87$3,171
Jul 201501,68048.152.95$4,948
Jun 201503956.152.88$112
May 201502,09455.212.96$6,189
Apr 201522,03849.822.71$5,616
Mar 20151923242.892.93$8,329
Feb 201511,73144.662.98$5,196
Jan 201521,73943.433.10$5,479
Dec 201412,05054.693.59$7,417
Nov 201402,10970.464.25$8,967
Oct 201401,44178.303.90$5,621
Sep 201401,20986.164.05$4,891
Aug 201401,74589.394.04$7,041
Jul 20141781,61296.564.18$23,925
Jun 201412,31398.164.74$11,055
May 201401,53494.734.73$7,251
Apr 201412,60595.944.81$12,624
Mar 20141872,75095.895.06$31,838
Feb 201432,51997.406.19$15,890
Jan 201422,61490.404.86$12,887
Dec 201312,29591.824.35$10,085
Nov 20131902,15788.853.74$24,945
Oct 201302,17497.423.78$8,216
Sep 201321,979104.113.72$7,566
Aug 201331,878104.253.52$6,928
Jul 201322,360102.523.72$8,979
Jun 201321,01794.403.93$4,189
May 20131912,56294.834.15$28,742
Apr 201333,20693.964.28$14,012
Mar 201353,03393.623.91$12,336
Feb 20131912,80091.233.42$27,001
Jan 201371,62691.603.42$6,202
Dec 2012058386.773.42$1,994
Nov 201241,28386.953.62$4,999
Oct 201211,69689.383.40$5,855
Sep 20121941,73694.672.92$23,432
Aug 201222,03692.662.91$6,106
Jul 201243,15485.133.02$9,868
Jun 201201,97879.822.52$4,983
May 20121022,32491.612.49$15,127
Apr 201201,989101.652.00$3,972
Mar 20121801,634105.052.22$22,540
Feb 201201,953101.102.57$5,020
Jan 201202,39498.092.73$6,545
Dec 20111872,90496.873.24$27,523
Nov 201102,18495.723.31$7,232
Oct 201101,75284.983.65$6,392
Sep 201102,40283.623.99$9,574
Aug 201102,18683.404.15$9,070
Jul 20111863,13394.144.52$31,663
Jun 201103,06892.904.64$14,235
May 201103,21398.134.40$14,153
Apr 20111862,930105.964.33$32,405
Mar 201103,33796.364.06$13,539
Feb 201102,77685.644.18$11,604
Jan 20111823,16686.504.59$30,271
Dec 201003,21285.734.35$13,965
Nov 201003,57680.843.80$13,572
Oct 20101943,70478.103.51$28,148
Sep 201003,48772.633.98$13,876
Aug 201003,59273.684.42$15,874
Jul 201004,57572.554.74$21,669
Jun 201003,59370.364.91$17,643
May 20101863,61571.124.24$28,539
Apr 201001,83781.694.12$7,573
Mar 201003,32678.394.39$14,597
Feb 20101674,40373.585.44$36,251
Jan 2010573,82274.365.96$27,033
Dec 2009815,03671.445.48$33,403
Nov 20091124,92474.593.75$26,826
Oct 20091624,48672.544.11$30,190
Sep 2009764,35865.543.06$18,337
Aug 20091775,30767.423.22$29,014
Jul 20091946,16661.133.46$33,221
Jun 200906,70266.163.90$26,104
May 200919410,58754.743.93$52,181
Apr 2009010,15946.773.59$36,445
Mar 200920311,45942.144.06$55,067
Feb 200919610,56932.814.63$55,397
Jan 200919110,39335.865.37$62,670
Dec 200807,60137.105.98$45,432
Nov 20081916,97055.496.86$58,415
Oct 200809,24275.246.92$63,973
Sep 20081988,849101.767.88$89,853
Aug 200819111,689114.228.48$120,974
Jul 200838411,903131.0811.39$185,903
Jun 200819311,983131.3313.03$181,517
May 200836615,309123.1711.57$222,271
Apr 200838814,067110.3110.45$189,869
Mar 200857414,769101.909.66$201,219
Feb 200821212,49292.538.77$129,178
Jan 200805,36190.388.21$43,991
Dec 200706,12588.337.30$44,725

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.

Mar 2021 — as filed, then multipliedworked
Condensate            16 bbl  × $ 61.30 =       $981
Gas                    0 Mcf  × $  2.72 =         $0

────────────────────────────────────────────────────
Month total                                     $981

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/232893 is the state's own key, not one this site invented.