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 235978District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jan 2008 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
221
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 Gas112008-08-05183123
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
CondensateDisposition8,416 bbl$651,198
GasProduction700,965 Mcf$3,257,467
Total$3,908,665

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 32.2989, -94.4216. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29888, -94.42161 · 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
10,300 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 10,300 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-36536633210,300 ftMar 2008

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 (221)

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

221 months

May 20260162106.413.05$493
Apr 2026071298.932.87$2,043
Mar 20260089.753.15$0
Feb 202601,78163.503.75$6,679
Jan 202631,79559.138.00$14,534
Dec 2025083256.664.41$3,672
Nov 202561,69158.593.93$6,991
Oct 202571,00259.383.30$3,727
Sep 20251501,47862.743.08$13,959
Aug 2025476163.933.01$2,550
Jul 2025076066.743.32$2,520
Jun 20253061,13066.483.13$23,878
May 202581,56760.553.23$5,549
Apr 202541,16862.363.54$4,388
Mar 202552,39267.704.27$10,548
Feb 202532,11870.884.34$9,407
Jan 202502,30474.324.28$9,858
Dec 202443,28568.993.12$10,530
Nov 202452,41969.052.20$5,663
Oct 202431,27571.372.28$3,123
Sep 20241472,06369.612.36$15,110
Aug 202452,63675.632.06$5,818
Jul 202452,54979.932.15$5,871
Jun 2024112,40978.082.63$7,204
May 202442,38078.812.20$5,548
Apr 202401,24084.451.66$2,057
Mar 20241392,64280.301.55$15,244
Feb 202443,04576.091.78$5,736
Jan 202432,36673.023.30$8,021
Dec 202322,91171.262.61$7,742
Nov 202301,55377.892.81$4,360
Oct 202312,08985.443.09$6,535
Sep 202312,30189.042.74$6,382
Aug 202311,94180.522.67$5,269
Jul 202362,41474.852.64$6,826
Jun 20231791,39468.962.26$15,492
May 202393,19870.622.23$7,759
Apr 202372,65378.122.24$6,484
Mar 202342,64572.852.39$6,621
Feb 202352,92375.112.47$7,583
Jan 202322,43876.533.39$8,412
Dec 202201,02776.415.73$5,884
Nov 202222,76385.005.65$15,770
Oct 202222,47787.185.86$14,699
Sep 202242,70684.888.16$22,430
Aug 202202,67394.529.13$24,397
Jul 202202,602101.587.54$19,624
Jun 202202,983115.097.98$23,796
May 202212,030109.378.43$17,228
Apr 20220542104.226.84$3,706
Mar 202201,727108.885.08$8,767
Feb 202201,66891.054.86$8,105
Jan 20221052,20881.844.54$18,612
Dec 202102,88371.323.90$11,241
Nov 202102,28877.435.24$11,982
Oct 202104,30579.795.71$24,598
Sep 20211072,61769.865.35$21,478
Aug 202102,36566.024.22$9,982
Jul 202101,75270.783.98$6,977
Jun 202101,04969.493.38$3,546
May 202101,79063.483.02$5,402
Apr 202103,00960.362.76$8,300
Mar 20211192,58861.302.72$14,326
Feb 202101,84957.805.55$10,258
Jan 202102,09850.412.81$5,896
Dec 202001,94244.642.68$5,196
Nov 202001,96138.772.71$5,308
Oct 2020011236.972.48$278
Sep 202001137.091.99$22
Aug 2020012139.982.39$289
Jul 2020011438.371.83$208
Jun 202005234.901.69$88
May 2020030316.921.81$550
Apr 2020891,52514.751.80$4,064
Mar 2020076830.341.86$1,426
Feb 2020080549.881.98$1,594
Jan 2020019057.252.09$398
Dec 2019023359.012.30$537
Nov 2019721,29955.302.75$7,555
Oct 2019098453.472.42$2,380
Sep 201901,05255.052.66$2,795
Aug 201901,60453.112.30$3,696
Jul 201901,54656.272.46$3,803
Jun 201903,42552.782.49$8,532
May 20191062,85458.482.74$14,020
Apr 20191103,40762.632.75$16,261
Mar 201903,29056.803.06$10,074
Feb 201903,61950.852.79$10,105
Jan 201902,99246.033.23$9,659
Dec 201801,48346.594.19$6,207
Nov 201801,81152.934.24$7,674
Oct 201801,46761.443.40$4,985
Sep 201801,42059.543.11$4,413
Aug 2018093059.403.07$2,852
Jul 2018841,22665.142.93$9,066
Jun 201801,57260.183.08$4,837
May 201801,95165.382.90$5,659
Apr 201801,63063.842.90$4,728
Mar 201801,61861.222.79$4,509
Feb 201801,86561.782.77$5,159
Jan 201803,80562.874.01$15,255
Dec 20171092,23757.272.92$12,778
Nov 201702,53955.423.12$7,918
Oct 201704,00349.292.98$11,944
Sep 201702,10347.523.09$6,493
Aug 201702,11845.373.00$6,363
Jul 201702,07443.873.09$6,403
Jun 20171011,65342.493.09$9,395
May 201703,86145.373.26$12,600
Apr 201702,80947.933.21$9,021
Mar 201703,07646.772.98$9,178
Feb 201702,35850.452.95$6,962
Jan 201702,40749.413.42$8,229
Dec 201602,50948.763.72$9,341
Nov 20161092,63742.492.64$11,605
Oct 201602,36246.193.09$7,299
Sep 201602,36741.553.10$7,339
Aug 201602,55841.442.92$7,480
Jul 201602,52141.622.92$7,372
Jun 201602,75545.352.69$7,399
May 20161072,45242.521.99$9,432
Apr 201602,71736.561.99$5,410
Mar 201602,85933.011.79$5,129
Feb 201602,38226.472.06$4,916
Jan 201602,55627.352.36$6,043
Dec 20151083,04132.362.00$9,581
Nov 201503,32638.792.17$7,209
Oct 201503,07243.552.43$7,454
Sep 201502,96142.992.76$8,168
Aug 201502,76740.162.87$7,948
Jul 201502,97848.152.95$8,770
Jun 201503,11556.152.88$8,980
May 201502,79855.212.96$8,269
Apr 2015693,25149.822.71$12,237
Mar 20151063,39342.892.93$14,504
Feb 201503,38544.662.98$10,074
Jan 201503,60343.433.10$11,172
Dec 201403,56154.693.59$12,789
Nov 201403,40570.464.25$14,478
Oct 201403,47578.303.90$13,556
Sep 20141133,54086.164.05$24,057
Aug 20142152,11489.394.04$27,749
Jul 201402,47996.564.18$10,361
Jun 201402,63498.164.74$12,477
May 201414,69594.734.73$22,286
Apr 201404,26595.944.81$20,511
Mar 20142132,71395.895.06$34,144
Feb 201402,47097.406.19$15,294
Jan 201402,66690.404.86$12,959
Dec 201302,69591.824.35$11,735
Nov 201302,98388.853.74$11,151
Oct 201303,84297.423.78$14,520
Sep 201303,034104.113.72$11,280
Aug 201303,798104.253.52$13,379
Jul 201303,002102.523.72$11,161
Jun 201303,87394.403.93$15,234
May 201303,16394.834.15$13,124
Apr 20131095,20093.964.28$32,511
Mar 201304,08693.623.91$15,988
Feb 201304,01291.233.42$13,721
Jan 20132174,21991.603.42$34,306
Dec 201204,27086.773.42$14,604
Nov 201204,11386.953.62$14,909
Oct 20121123,26689.383.40$21,114
Sep 20121103,02494.672.92$19,239
Aug 201213,11692.662.91$9,154
Jul 201223,21585.133.02$9,882
Jun 2012923,20379.822.52$15,412
May 201203,27491.612.49$8,147
Apr 20121093,038101.652.00$17,146
Mar 201203,208105.052.22$7,128
Feb 201202,931101.102.57$7,533
Jan 20121113,36898.092.73$20,096
Dec 201103,21496.873.24$10,413
Nov 201103,38495.723.31$11,205
Oct 201103,44584.983.65$12,569
Sep 20111124,28683.623.99$26,449
Aug 201103,22983.404.15$13,398
Jul 201103,55494.144.52$16,054
Jun 20111003,14092.904.64$23,859
May 20111093,12398.134.40$24,452
Apr 201103,290105.964.33$14,256
Mar 201127,46496.364.06$30,477
Feb 2011894,51085.644.18$26,474
Jan 20111074,64086.504.59$30,547
Dec 20101064,46385.734.35$28,491
Nov 201004,56180.843.80$17,311
Oct 201004,73578.103.51$16,615
Sep 201004,67872.633.98$18,616
Aug 20101985,04573.684.42$36,884
Jul 201015,29372.554.74$25,143
Jun 201005,22770.364.91$25,667
May 20101006,68171.124.24$35,408
Apr 201004,76981.694.12$19,661
Mar 20101096,20378.394.39$35,767
Feb 20102216,35973.585.44$50,869
Jan 201003,38674.365.96$20,194
Dec 2009894,90271.445.48$33,240
Nov 2009884,83574.593.75$24,702
Oct 200905,31472.544.11$21,842
Sep 200914,89265.543.06$15,058
Aug 20091775,48767.423.22$29,593
Jul 200905,39561.133.46$18,691
Jun 2009785,84166.163.90$27,911
May 20091985,98554.743.93$34,334
Apr 20091956,21646.773.59$31,420
Mar 20091876,25042.144.06$33,249
Feb 200903,16332.814.63$14,654
Jan 20093667,81535.865.37$55,099
Dec 20081958,56737.105.98$58,441
Nov 2008110,80555.496.86$74,182
Oct 200816911,56675.246.92$92,775
Sep 20081828,997101.767.88$89,391
Aug 20081867,988114.228.48$89,007
Jul 200818211,655131.0811.39$156,600
Jun 200852113,416131.3313.03$243,269
May 200817912,135123.1711.57$162,501
Apr 200820012,438110.3110.45$152,100
Mar 2008513,880101.909.66$134,647
Feb 200854,13992.538.77$36,764
Jan 200801,64490.388.21$13,490

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                  162 Mcf  × $  3.05 =       $493

────────────────────────────────────────────────────
Month total                                     $493

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/235978 is the state's own key, not one this site invented.