LEE, W.C.

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

Gas lease lease 238995District 06Field 230898002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
May 2008 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
217
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 211 leases and 215 wells, and the rule below applies to all of them.

Discovered
2008-01-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-01-28.

The Commission's schedule remark for this field reads: PLATS NOT REQUIRED FOR VERTICAL.

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 Gas112011-01-27201125
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
CondensateDisposition9,642 bbl$777,996
GasProduction755,214 Mcf$4,315,833
Total$5,093,828

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 32.3413, -94.8272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34128, -94.82718 · 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
9,768 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 9,768 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4013463939,768 ftAug 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 (217)

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

217 months

May 202601,006106.413.05$3,064
Apr 20261481,27498.932.87$18,298
Mar 202601,28989.753.15$4,060
Feb 2026028363.503.75$1,061
Jan 2026642459.138.00$3,746
Dec 202501,15056.664.41$5,075
Nov 20251097658.593.93$4,418
Oct 2025121,23959.383.30$4,807
Sep 2025101,41262.743.08$4,972
Aug 2025111,23763.933.01$4,432
Jul 2025072966.743.32$2,417
Jun 2025111,22066.483.13$4,548
May 2025761,26660.553.23$8,694
Apr 2025101,10362.363.54$4,532
Mar 2025611,38667.704.27$10,046
Feb 2025151,13170.884.34$5,973
Jan 202501,31174.324.28$5,609
Dec 202491,31268.993.12$4,716
Nov 2024171,23369.052.20$3,885
Oct 202491,06471.372.28$3,070
Sep 2024673669.612.36$2,158
Aug 2024327275.632.06$788
Jul 2024232679.932.15$860
Jun 2024739078.082.63$1,574
May 2024029578.812.20$649
Apr 2024168384.451.66$1,218
Mar 2024921,04280.301.55$8,998
Feb 202401,38076.091.78$2,461
Jan 2024162873.023.30$2,144
Dec 20231599671.262.61$3,669
Nov 2023546877.892.81$1,703
Oct 20238218585.443.09$7,577
Sep 2023247689.042.74$1,480
Aug 20237080.522.67$564
Jul 2023472374.852.64$2,209
Jun 2023795668.962.26$2,642
May 2023121,23970.622.23$3,607
Apr 2023131,03878.122.24$3,338
Mar 202391,04872.852.39$3,164
Feb 2023576075.112.47$2,249
Jan 202381,13776.533.39$4,464
Dec 20221701,02176.415.73$18,839
Nov 2022101,15985.005.65$7,394
Oct 2022111,19287.185.86$7,949
Sep 202241,13784.888.16$9,622
Aug 20221490494.529.13$9,574
Jul 20220270101.587.54$2,036
Jun 20221408115.097.98$3,370
May 20224712109.378.43$6,442
Apr 202219736104.226.84$7,013
Mar 20220796108.885.08$4,041
Feb 2022065091.054.86$3,158
Jan 2022279081.844.54$3,748
Dec 202117065671.323.90$14,682
Nov 2021099677.435.24$5,216
Oct 202101,13079.795.71$6,457
Sep 202101,08669.865.35$5,811
Aug 202101,23366.024.22$5,204
Jul 2021066670.783.98$2,652
Jun 2021076169.493.38$2,573
May 202101,26263.483.02$3,808
Apr 202109660.362.76$265
Mar 202109161.302.72$247
Feb 2021026857.805.55$1,487
Jan 202101,15650.412.81$3,249
Dec 202001,38244.642.68$3,697
Nov 2020099538.772.71$2,693
Oct 20201681,38736.972.48$9,649
Sep 202001,65337.091.99$3,291
Aug 20201251039.982.39$1,696
Jul 20200038.371.83$0
Jun 202001,27534.901.69$2,155
May 202001,68416.921.81$3,056
Apr 202002,03114.751.80$3,665
Mar 202001,98630.341.86$3,686
Feb 202001,63549.881.98$3,238
Jan 20201751,73257.252.09$13,647
Dec 201901,64959.012.30$3,800
Nov 201902,10755.302.75$5,796
Oct 201902,59853.472.42$6,283
Sep 201901,46755.052.66$3,898
Aug 201901,15953.112.30$2,671
Jul 201901,87856.272.46$4,620
Jun 2019236552.782.49$1,015
May 2019022058.482.74$603
Apr 2019026462.632.75$726
Mar 20190056.803.06$0
Feb 201902950.852.79$81
Jan 201907446.033.23$239
Dec 2018021046.594.19$879
Nov 2018031252.934.24$1,322
Oct 2018022061.443.40$748
Sep 2018024959.543.11$774
Aug 20180359.403.07$9
Jul 20180165.142.93$3
Jun 201807760.183.08$237
May 2018012065.382.90$348
Apr 2018018863.842.90$545
Mar 2018018461.222.79$513
Feb 2018015861.782.77$437
Jan 2018014062.874.01$561
Dec 201705157.272.92$149
Nov 201703355.423.12$103
Oct 201708549.292.98$254
Sep 2017015047.523.09$463
Aug 2017013945.373.00$418
Jul 2017017343.873.09$534
Jun 2017018642.493.09$574
May 2017013545.373.26$441
Apr 2017024447.933.21$784
Mar 2017029746.772.98$886
Feb 2017028850.452.95$850
Jan 2017033549.413.42$1,145
Dec 2016025848.763.72$960
Nov 201605842.492.64$153
Oct 2016018546.193.09$572
Sep 2016049241.553.10$1,526
Aug 2016051641.442.92$1,509
Jul 2016028241.622.92$825
Jun 2016016145.352.69$432
May 2016032042.521.99$637
Apr 2016038636.561.99$769
Mar 2016043733.011.79$784
Feb 2016015126.472.06$312
Jan 2016034327.352.36$811
Dec 2015039432.362.00$789
Nov 2015048538.792.17$1,051
Oct 2015054743.552.43$1,327
Sep 201510052142.992.76$5,736
Aug 2015062040.162.87$1,781
Jul 201501,81448.152.95$5,342
Jun 201502,11156.152.88$6,086
May 201522,68655.212.96$8,049
Apr 201563,40849.822.71$9,523
Mar 201503,46042.892.93$10,154
Feb 201502,12044.662.98$6,310
Jan 201503,38243.433.10$10,486
Dec 20141633,57254.693.59$21,743
Nov 201403,74870.464.25$15,936
Oct 201404,42178.303.90$17,246
Sep 201404,60286.164.05$18,617
Aug 201404,99389.394.04$20,147
Jul 20141814,99996.564.18$38,371
Jun 201405,66998.164.74$26,853
May 201403,74494.734.73$17,696
Apr 201403,93495.944.81$18,919
Mar 20141824,49195.895.06$40,162
Feb 201404,14497.406.19$25,660
Jan 201403,58990.404.86$17,445
Dec 201304,98791.824.35$21,716
Nov 201305,38088.853.74$20,112
Oct 201304,75597.423.78$17,971
Sep 20131725,573104.113.72$38,626
Aug 201304,491104.253.52$15,820
Jul 201303,650102.523.72$13,570
Jun 2013344,89994.403.93$22,479
May 201305,47894.834.15$22,729
Apr 20131815,83893.964.28$42,009
Mar 201305,92393.623.91$23,176
Feb 201304,98791.233.42$17,055
Jan 201303,48591.603.42$11,918
Dec 20121791,68986.773.42$21,308
Nov 201202,06886.953.62$7,496
Oct 201203,12489.383.40$10,621
Sep 201202,72794.672.92$7,958
Aug 201203,36092.662.91$9,771
Jul 201202,78885.133.02$8,422
Jun 201229420579.822.52$23,983
May 201203,20291.612.49$7,968
Apr 2012011101.652.00$22
Mar 201201,569105.052.22$3,486
Feb 201202101.102.57$5
Jan 201202,03098.092.73$5,550
Dec 201101,90396.873.24$6,165
Nov 2011061395.723.31$2,030
Oct 2011051784.983.65$1,886
Sep 2011041883.623.99$1,666
Aug 2011055083.404.15$2,282
Jul 2011048394.144.52$2,182
Jun 201101,23992.904.64$5,749
May 201102,76298.134.40$12,166
Apr 20111772,547105.964.33$29,792
Mar 201102,45596.364.06$9,961
Feb 201101,61585.644.18$6,751
Jan 2011094986.504.59$4,355
Dec 20101772,10885.734.35$24,339
Nov 201003,22580.843.80$12,240
Oct 201002,78078.103.51$9,755
Sep 20101803,91872.633.98$28,665
Aug 201004,16873.684.42$18,420
Jul 201002,46972.554.74$11,694
Jun 201004,09770.364.91$20,118
May 20101754,49671.124.24$31,488
Apr 201004,14681.694.12$17,093
Mar 20101805,42578.394.39$37,919
Feb 201004,51473.585.44$24,567
Jan 20101785,58174.365.96$46,522
Dec 200905,92571.445.48$32,491
Nov 200906,09774.593.75$22,873
Oct 20091756,30672.544.11$38,614
Sep 200908,02165.543.06$24,582
Aug 20091768,66667.423.22$39,757
Jul 200917611,27261.133.46$49,811
Jun 2009010,76466.163.90$41,926
May 200917614,14054.743.93$65,144
Apr 200918316,65546.773.59$68,309
Mar 200935720,24942.144.06$97,235
Feb 200916921,59632.814.63$105,599
Jan 200936027,51235.865.37$160,677
Dec 200836528,78037.105.98$185,564
Nov 200835233,56955.496.86$249,828
Oct 200852636,51775.246.92$292,346
Sep 200889552,295101.767.88$503,008
Aug 200869762,075114.228.48$606,195
Jul 200852732,041131.0811.39$434,008
Jun 200836021,296131.3313.03$324,822
May 200813921,139123.1711.57$261,790

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                1,006 Mcf  × $  3.05 =     $3,064

────────────────────────────────────────────────────
Month total                                   $3,064

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/238995 is the state's own key, not one this site invented.