EASTMAN CHEMICAL COMPANY GU 1

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 239108District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2007 – May 2026
Value, last 12 filed months
$22 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 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 Gas112008-10-16177158
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
CondensateDisposition220 bbl$18,614
GasProduction256,959 Mcf$1,338,367
Total$1,356,981

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 32.4182, -94.6553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41820, -94.65531 · 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
11,135 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 11,135 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-203336191211,135 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 202600106.413.05$0
Apr 2026012498.932.87$356
Mar 2026022689.753.15$712
Feb 2026011663.503.75$435
Jan 2026021759.138.00$1,736
Dec 202508656.664.41$380
Nov 202501158.593.93$43
Oct 2025012359.383.30$407
Sep 2025018362.743.08$563
Aug 20250063.933.01$0
Jul 202503,63166.743.32$12,037
Jun 202501,65766.483.13$5,184
May 202503,14060.553.23$10,149
Apr 202501,91462.363.54$6,782
Mar 2025322,76767.704.27$13,977
Feb 202501,14570.884.34$4,970
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024035169.052.20$772
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024050575.632.06$1,042
Jul 20240079.932.15$0
Jun 2024011578.082.63$303
May 202401,20378.812.20$2,645
Apr 20240484.451.66$7
Mar 2024084580.301.55$1,306
Feb 2024081476.091.78$1,452
Jan 2024070173.023.30$2,312
Dec 2023071771.262.61$1,872
Nov 202301,06677.892.81$2,993
Oct 2023060685.443.09$1,871
Sep 2023095789.042.74$2,617
Aug 2023069780.522.67$1,863
Jul 2023058874.852.64$1,553
Jun 2023062468.962.26$1,409
May 2023070470.622.23$1,568
Apr 2023037478.122.24$837
Mar 2023069272.852.39$1,656
Feb 2023058175.112.47$1,433
Jan 2023080676.533.39$2,731
Dec 2022074876.415.73$4,285
Nov 2022081285.005.65$4,585
Oct 2022039087.185.86$2,287
Sep 2022012684.888.16$1,029
Aug 2022033494.529.13$3,048
Jul 20220395101.587.54$2,979
Jun 20220699115.097.98$5,576
May 202287693109.378.43$15,359
Apr 20220873104.226.84$5,969
Mar 202201,612108.885.08$8,183
Feb 2022033591.054.86$1,628
Jan 2022026081.844.54$1,180
Dec 20210371.323.90$12
Nov 2021086877.435.24$4,546
Oct 2021010179.795.71$577
Sep 20210069.865.35$0
Aug 2021029666.024.22$1,249
Jul 20210070.783.98$0
Jun 2021066569.493.38$2,248
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202106361.302.72$171
Feb 2021032557.805.55$1,803
Jan 2021011850.412.81$332
Dec 2020039544.642.68$1,057
Nov 2020046238.772.71$1,250
Oct 2020028836.972.48$714
Sep 2020025437.091.99$506
Aug 2020012839.982.39$305
Jul 20200638.371.83$11
Jun 2020078734.901.69$1,330
May 2020059516.921.81$1,080
Apr 2020076914.751.80$1,388
Mar 2020087330.341.86$1,620
Feb 202008749.881.98$172
Jan 2020013457.252.09$281
Dec 201901,29259.012.30$2,977
Nov 20190855.302.75$22
Oct 201901253.472.42$29
Sep 201901,90455.052.66$5,059
Aug 201901,28953.112.30$2,970
Jul 201901,03656.272.46$2,549
Jun 201901,33452.782.49$3,323
May 201901,44358.482.74$3,954
Apr 201901,41462.632.75$3,889
Mar 201901,65556.803.06$5,068
Feb 201901,20050.852.79$3,351
Jan 201901,48546.033.23$4,794
Dec 201801,70846.594.19$7,149
Nov 201801,70852.934.24$7,237
Oct 201802,05161.443.40$6,969
Sep 201802,05759.543.11$6,393
Aug 201802,04959.403.07$6,283
Jul 201803,20965.142.93$9,408
Jun 2018152,70060.183.08$9,210
May 2018066565.382.90$1,929
Apr 2018017263.842.90$499
Mar 2018018661.222.79$518
Feb 2018019161.782.77$528
Jan 2018025962.874.01$1,038
Dec 2017013857.272.92$403
Nov 2017016655.423.12$518
Oct 201705049.292.98$149
Sep 201706547.523.09$201
Aug 20171617645.373.00$1,255
Jul 2017030243.873.09$932
Jun 2017026142.493.09$806
May 2017024845.373.26$809
Apr 2017034347.933.21$1,102
Mar 2017026046.772.98$776
Feb 2017023050.452.95$679
Jan 2017026649.413.42$909
Dec 2016020048.763.72$745
Nov 2016022942.492.64$606
Oct 2016014546.193.09$448
Sep 2016023941.553.10$741
Aug 2016025141.442.92$734
Jul 2016020041.622.92$585
Jun 2016030145.352.69$808
May 20160042.521.99$0
Apr 2016013136.561.99$261
Mar 2016025333.011.79$454
Feb 2016018926.472.06$390
Jan 2016013227.352.36$312
Dec 2015013432.362.00$268
Nov 2015010938.792.17$236
Oct 2015014443.552.43$349
Sep 2015015542.992.76$428
Aug 2015017140.162.87$491
Jul 20151319048.152.95$1,186
Jun 2015023456.152.88$675
May 2015041355.212.96$1,221
Apr 2015033449.822.71$904
Mar 2015012342.892.93$361
Feb 201506744.662.98$199
Jan 2015065343.433.10$2,025
Dec 2014010154.693.59$363
Nov 2014041370.464.25$1,756
Oct 2014055078.303.90$2,146
Sep 2014075686.164.05$3,058
Aug 2014087689.394.04$3,535
Jul 2014096596.564.18$4,033
Jun 2014082898.164.74$3,922
May 201471,36894.734.73$7,129
Apr 2014095195.944.81$4,573
Mar 2014032495.895.06$1,638
Feb 2014066797.406.19$4,130
Jan 2014078990.404.86$3,835
Dec 2013019391.824.35$840
Nov 2013028188.853.74$1,050
Oct 2013035997.423.78$1,357
Sep 20130472104.113.72$1,755
Aug 20130497104.253.52$1,751
Jul 20130673102.523.72$2,502
Jun 20131355894.403.93$3,422
May 2013055194.834.15$2,286
Apr 2013092393.964.28$3,953
Mar 2013090493.623.91$3,537
Feb 2013159291.233.42$2,116
Jan 2013174991.603.42$2,653
Dec 2012098186.773.42$3,355
Nov 2012248586.953.62$1,932
Oct 2012051389.383.40$1,744
Sep 2012094694.672.92$2,761
Aug 201201,14892.662.91$3,339
Jul 201201,29385.133.02$3,906
Jun 201201,03179.822.52$2,597
May 201201,12191.612.49$2,789
Apr 201201,207101.652.00$2,410
Mar 201201,196105.052.22$2,658
Feb 201201,182101.102.57$3,038
Jan 201201,03698.092.73$2,833
Dec 2011042196.873.24$1,364
Nov 201101,41395.723.31$4,679
Oct 201101,26384.983.65$4,608
Sep 201101,76083.623.99$7,015
Aug 201112,41583.404.15$10,104
Jul 201101,68894.144.52$7,625
Jun 201121,77492.904.64$8,417
May 201111,53998.134.40$6,877
Apr 201111,720105.964.33$7,559
Mar 201101,77796.364.06$7,210
Feb 201101,66085.644.18$6,939
Jan 201101,75386.504.59$8,044
Dec 201001,62585.734.35$7,065
Nov 201001,46480.843.80$5,556
Oct 201001,34678.103.51$4,723
Sep 201001,39172.633.98$5,535
Aug 20101259273.684.42$3,500
Jul 2010075772.554.74$3,586
Jun 2010067270.364.91$3,300
May 2010094771.124.24$4,011
Apr 2010060181.694.12$2,478
Mar 2010013378.394.39$584
Feb 2010094173.585.44$5,121
Jan 201002,65574.365.96$15,835
Dec 2009132,04771.445.48$12,154
Nov 200901,82274.593.75$6,835
Oct 200901,97872.544.11$8,130
Sep 200901,46365.543.06$4,484
Aug 2009016167.423.22$518
Jul 200911,05961.133.46$3,730
Jun 200902,69766.163.90$10,505
May 200901,82354.743.93$7,157
Apr 2009157146.773.59$2,095
Mar 200901,86542.144.06$7,570
Feb 200901,84532.814.63$8,548
Jan 200902,75735.865.37$14,808
Dec 200812,35037.105.98$14,083
Nov 200802,37855.496.86$16,314
Oct 200802,81475.246.92$19,478
Sep 200802,633101.767.88$20,740
Aug 200802,834114.228.48$24,041
Jul 200802,942131.0811.39$33,508
Jun 200803,608131.3313.03$47,022
May 200804,062123.1711.57$47,015
Apr 200803,234110.3110.45$33,811
Mar 200803,381101.909.66$32,674
Feb 200804,78892.538.77$41,994
Jan 200805,64590.388.21$46,321
Dec 200705,65688.337.30$41,300
Nov 200706,70591.677.29$48,891
Oct 200708,21082.856.92$56,829
Sep 2007010,04875.846.24$62,741
Aug 2007018,74869.066.39$119,761
Jul 200705,73670.906.39$36,641

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  124 Mcf  × $  2.87 =       $356

────────────────────────────────────────────────────
Month total                                     $356

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/239108 is the state's own key, not one this site invented.