COLE

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

Gas lease lease 237904District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Oct 2007 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
224
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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: 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 Gas112008-09-23185338
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
CondensateDisposition698 bbl$62,255
GasProduction397,744 Mcf$1,923,781
Total$1,986,036

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 32.4608, -94.6563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46083, -94.65630 · 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
11,200 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 11,200 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-20334091211,200 ftOct 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 (224)

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

224 months

May 202601,682106.413.05$5,123
Apr 2026096598.932.87$2,769
Mar 202601,86389.753.15$5,867
Feb 202601,60463.503.75$6,016
Jan 202601,06859.138.00$8,542
Dec 202501,01256.664.41$4,466
Nov 202512,13258.593.93$8,430
Oct 2025055859.383.30$1,844
Sep 202501,50362.743.08$4,625
Aug 202501,75263.933.01$5,282
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023019274.852.64$507
Jun 2023041168.962.26$928
May 2023086970.622.23$1,936
Apr 2023078378.122.24$1,752
Mar 2023081272.852.39$1,943
Feb 2023080475.112.47$1,982
Jan 2023073176.533.39$2,476
Dec 2022032276.415.73$1,845
Nov 2022073485.005.65$4,144
Oct 2022049987.185.86$2,926
Sep 2022061984.888.16$5,053
Aug 2022055394.529.13$5,047
Jul 20220522101.587.54$3,937
Jun 20220705115.097.98$5,624
May 20220609109.378.43$5,136
Apr 202201,055104.226.84$7,214
Mar 202201,095108.885.08$5,559
Feb 2022063091.054.86$3,061
Jan 2022074581.844.54$3,381
Dec 2021077171.323.90$3,006
Nov 2021067177.435.24$3,514
Oct 2021071879.795.71$4,103
Sep 2021074369.865.35$3,976
Aug 2021076066.024.22$3,208
Jul 2021077870.783.98$3,098
Jun 2021080669.493.38$2,725
May 2021086663.483.02$2,613
Apr 2021086460.362.76$2,383
Mar 2021091961.302.72$2,497
Feb 2021073657.805.55$4,083
Jan 2021073250.412.81$2,057
Dec 2020071344.642.68$1,908
Nov 2020057638.772.71$1,559
Oct 2020064236.972.48$1,591
Sep 2020069437.091.99$1,382
Aug 2020083639.982.39$1,994
Jul 2020069838.371.83$1,274
Jun 2020065134.901.69$1,100
May 2020081716.921.81$1,483
Apr 2020068714.751.80$1,240
Mar 2020083430.341.86$1,548
Feb 2020066949.881.98$1,325
Jan 2020070257.252.09$1,471
Dec 2019075559.012.30$1,740
Nov 2019082955.302.75$2,280
Oct 2019083953.472.42$2,029
Sep 201901,04855.052.66$2,785
Aug 201901,01753.112.30$2,344
Jul 201901,34356.272.46$3,304
Jun 201901,44252.782.49$3,592
May 201901,42358.482.74$3,899
Apr 201901,56962.632.75$4,316
Mar 201901,52156.803.06$4,657
Feb 201901,51250.852.79$4,222
Jan 201911,65546.033.23$5,389
Dec 201821,82546.594.19$7,732
Nov 201801,70952.934.24$7,241
Oct 201801,52461.443.40$5,179
Sep 201801,17259.543.11$3,643
Aug 201811,45959.403.07$4,534
Jul 201801,22765.142.93$3,597
Jun 201801,15560.183.08$3,554
May 201801,49965.382.90$4,348
Apr 201801,81763.842.90$5,271
Mar 201801,56161.222.79$4,350
Feb 201801,14161.782.77$3,156
Jan 201801,35262.874.01$5,421
Dec 201701,52957.272.92$4,467
Nov 201701,52855.423.12$4,765
Oct 201701,87649.292.98$5,597
Sep 201701,67147.523.09$5,159
Aug 201701,76945.373.00$5,315
Jul 201702,01343.873.09$6,215
Jun 201701,74242.493.09$5,378
May 201701,58745.373.26$5,179
Apr 201701,60947.933.21$5,167
Mar 201701,77046.772.98$5,281
Feb 201701,59450.452.95$4,706
Jan 201701,72049.413.42$5,880
Dec 201601,46748.763.72$5,461
Nov 201601,54242.492.64$4,078
Oct 201601,74846.193.09$5,402
Sep 201601,77041.553.10$5,488
Aug 201601,75141.442.92$5,121
Jul 201601,93841.622.92$5,667
Jun 201602,10045.352.69$5,640
May 201602,25042.521.99$4,480
Apr 201601,78836.561.99$3,560
Mar 201601,96033.011.79$3,516
Feb 201601,79826.472.06$3,710
Jan 201621,81427.352.36$4,344
Dec 201511,96032.362.00$3,955
Nov 201511,95838.792.17$4,282
Oct 201512,13243.552.43$5,217
Sep 201512,21942.992.76$6,164
Aug 201502,18940.162.87$6,288
Jul 201502,15048.152.95$6,332
Jun 201501,71156.152.88$4,933
May 201522,44355.212.96$7,331
Apr 201512,69949.822.71$7,355
Mar 201532,72742.892.93$8,132
Feb 201522,65744.662.98$7,997
Jan 201501,37143.433.10$4,251
Dec 201401,85854.693.59$6,673
Nov 2014198770.464.25$4,267
Oct 201401,56178.303.90$6,089
Sep 2014221,50686.164.05$7,988
Aug 201411,48589.394.04$6,082
Jul 201411,67796.564.18$7,106
Jun 201411,52698.164.74$7,327
May 201401,65194.734.73$7,804
Apr 201401,57995.944.81$7,594
Mar 201411,70195.895.06$8,698
Feb 201411,52297.406.19$9,522
Jan 201401,66190.404.86$8,074
Dec 201311,64791.824.35$7,264
Nov 201311,75988.853.74$6,664
Oct 201312,05897.423.78$7,875
Sep 201311,487104.113.72$5,632
Aug 201301,559104.253.52$5,492
Jul 201311,599102.523.72$6,047
Jun 201311,60894.403.93$6,419
May 201321,61394.834.15$6,882
Apr 201311,53993.964.28$6,685
Mar 201321,46093.623.91$5,900
Feb 201311,31191.233.42$4,575
Jan 201311,57091.603.42$5,461
Dec 201211,87686.773.42$6,503
Nov 201211,42886.953.62$5,263
Oct 201211,43989.383.40$4,982
Sep 201201,63394.672.92$4,766
Aug 201221,49492.662.91$4,530
Jul 2012601,67985.133.02$10,180
Jun 201201,64679.822.52$4,146
May 201201,81291.612.49$4,509
Apr 201211,694101.652.00$3,484
Mar 201211,679105.052.22$3,836
Feb 201201,684101.102.57$4,328
Jan 201201,59198.092.73$4,350
Dec 201101,38596.873.24$4,487
Nov 201101,59295.723.31$5,272
Oct 201131,96284.983.65$7,413
Sep 201102,16883.623.99$8,641
Aug 201101,87883.404.15$7,792
Jul 201101,95894.144.52$8,845
Jun 201111,83892.904.64$8,621
May 201101,83998.134.40$8,100
Apr 201101,668105.964.33$7,228
Mar 20111031,57696.364.06$16,319
Feb 201111,68985.644.18$7,146
Jan 201101,85186.504.59$8,494
Dec 201011,96585.734.35$8,629
Nov 201012,39180.843.80$9,155
Oct 201022,66478.103.51$9,504
Sep 201022,49672.633.98$10,078
Aug 201012,65173.684.42$11,789
Jul 201012,61472.554.74$12,454
Jun 201012,50970.364.91$12,391
May 201002,70271.124.24$11,444
Apr 201002,86181.694.12$11,795
Mar 201003,17478.394.39$13,930
Feb 201022,84373.585.44$15,620
Jan 201003,33974.365.96$19,914
Dec 200923,31171.445.48$18,300
Nov 200903,16274.593.75$11,862
Oct 200913,37972.544.11$13,961
Sep 2009413,55565.543.06$13,582
Aug 200913,61767.423.22$11,709
Jul 200933,74861.133.46$13,168
Jun 2009213,49366.163.90$14,995
May 200942,92654.743.93$11,706
Apr 200902,94746.773.59$10,572
Mar 200902,95342.144.06$11,986
Feb 200902,91432.814.63$13,501
Jan 200903,37435.865.37$18,122
Dec 200803,58837.105.98$21,446
Nov 2008153,37355.496.86$23,972
Oct 200803,77775.246.92$26,144
Sep 2008103,880101.767.88$31,581
Aug 2008104,274114.228.48$37,399
Jul 2008184,581131.0811.39$54,534
Jun 200894,823131.3313.03$64,038
May 200895,189123.1711.57$61,168
Apr 2008125,704110.3110.45$60,958
Mar 2008206,827101.909.66$68,015
Feb 2008166,82792.538.77$61,357
Jan 20081177,93190.388.21$75,654
Dec 2007312,15288.337.30$88,999
Nov 200712415,43491.677.29$123,907
Oct 20071613,15782.856.92$92,398

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                1,682 Mcf  × $  3.05 =     $5,123

────────────────────────────────────────────────────
Month total                                   $5,123

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/237904 is the state's own key, not one this site invented.