BIVINS HEIRS

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

Gas lease lease 240197District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$389 k
Sep 2008 – Aug 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas112009-03-17190264
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
CondensateDisposition134 bbl$8,721
GasProduction98,003 Mcf$380,628
Total$389,349

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 32.4954, -94.7126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49541, -94.71260 · 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
11,001 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 11,001 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-18332040111,001 ftMar 2021Yes

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 (156)

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

156 months

Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202081049.881.98$4,040
Jan 20200057.252.09$0
Dec 2019018259.012.30$419
Nov 2019046255.302.75$1,271
Oct 2019048353.472.42$1,168
Sep 2019056355.052.66$1,496
Aug 2019042253.112.30$972
Jul 2019062956.272.46$1,547
Jun 2019063252.782.49$1,574
May 2019066858.482.74$1,831
Apr 2019064462.632.75$1,771
Mar 2019062456.803.06$1,911
Feb 2019042450.852.79$1,184
Jan 2019036646.033.23$1,182
Dec 2018047346.594.19$1,980
Nov 2018043752.934.24$1,852
Oct 2018041561.443.40$1,410
Sep 20180959.543.11$28
Aug 201805959.403.07$181
Jul 2018010865.142.93$317
Jun 2018027460.183.08$843
May 2018045265.382.90$1,311
Apr 2018057363.842.90$1,662
Mar 2018059361.222.79$1,653
Feb 2018056261.782.77$1,555
Jan 2018059062.874.01$2,366
Dec 2017040057.272.92$1,169
Nov 2017045555.423.12$1,419
Oct 2017042749.292.98$1,274
Sep 201708747.523.09$269
Aug 2017010645.373.00$318
Jul 2017012743.873.09$392
Jun 2017016442.493.09$506
May 2017027545.373.26$897
Apr 2017048447.933.21$1,554
Mar 2017036946.772.98$1,101
Feb 2017041350.452.95$1,219
Jan 2017052849.413.42$1,805
Dec 2016051048.763.72$1,899
Nov 2016056642.492.64$1,497
Oct 2016064346.193.09$1,987
Sep 2016063941.553.10$1,981
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016019436.561.99$386
Mar 2016036233.011.79$649
Feb 2016015926.472.06$328
Jan 2016024427.352.36$577
Dec 2015016232.362.00$324
Nov 2015011938.792.17$258
Oct 201506943.552.43$167
Sep 2015014642.992.76$403
Aug 2015029340.162.87$842
Jul 2015075748.152.95$2,229
Jun 20150056.152.88$0
May 2015022355.212.96$659
Apr 2015026049.822.71$704
Mar 2015038242.892.93$1,121
Feb 2015037044.662.98$1,101
Jan 2015036743.433.10$1,138
Dec 2014041754.693.59$1,498
Nov 2014045270.464.25$1,922
Oct 2014044678.303.90$1,740
Sep 2014027486.164.05$1,108
Aug 2014044789.394.04$1,804
Jul 2014059296.564.18$2,474
Jun 2014121698.164.74$1,121
May 2014034894.734.73$1,645
Apr 2014049795.944.81$2,390
Mar 2014368495.895.06$3,747
Feb 2014017797.406.19$1,096
Jan 2014046990.404.86$2,280
Dec 2013062091.824.35$2,700
Nov 2013048188.853.74$1,798
Oct 2013051197.423.78$1,931
Sep 20130691104.113.72$2,569
Aug 20130415104.253.52$1,462
Jul 20130584102.523.72$2,171
Jun 2013077194.403.93$3,033
May 2013254494.834.15$2,447
Apr 2013145993.964.28$2,060
Mar 2013243293.623.91$1,878
Feb 2013043191.233.42$1,474
Jan 20131641191.603.42$2,871
Dec 2012037386.773.42$1,276
Nov 2012133386.953.62$1,294
Oct 2012037689.383.40$1,278
Sep 2012040894.672.92$1,191
Aug 2012242292.662.91$1,413
Jul 2012067885.133.02$2,048
Jun 2012038379.822.52$965
May 2012061991.612.49$1,540
Apr 20120443101.652.00$885
Mar 20120502105.052.22$1,115
Feb 20120672101.102.57$1,727
Jan 2012288898.092.73$2,624
Dec 2011090896.873.24$2,942
Nov 2011186795.723.31$2,967
Oct 2011092584.983.65$3,375
Sep 2011087783.623.99$3,496
Aug 2011097783.404.15$4,054
Jul 2011058094.144.52$2,620
Jun 2011058292.904.64$2,700
May 2011050198.134.40$2,207
Apr 20110969105.964.33$4,199
Mar 2011274796.364.06$3,224
Feb 2011279185.644.18$3,478
Jan 201101,07486.504.59$4,928
Dec 201001,08185.734.35$4,700
Nov 2010066480.843.80$2,520
Oct 2010070978.103.51$2,488
Sep 2010070372.633.98$2,798
Aug 2010079073.684.42$3,491
Jul 2010094072.554.74$4,452
Jun 2010089970.364.91$4,414
May 201001,23071.124.24$5,209
Apr 2010141,23781.694.12$6,243
Mar 201001,56178.394.39$6,851
Feb 201031,44673.585.44$8,090
Jan 201001,47774.365.96$8,809
Dec 200901,62471.445.48$8,906
Nov 200901,65874.593.75$6,220
Oct 200901,88672.544.11$7,752
Sep 200901,85665.543.06$5,688
Aug 200902,15367.423.22$6,929
Jul 200902,27961.133.46$7,896
Jun 200912,19566.163.90$8,616
May 200902,85554.743.93$11,208
Apr 200903,51146.773.59$12,596
Mar 200904,89142.144.06$19,853
Feb 200905,55232.814.63$25,722
Jan 200906,59835.865.37$35,438
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0

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.

Feb 2020 — as filed, then multipliedworked
Condensate            81 bbl  × $ 49.88 =     $4,040
Gas                    0 Mcf  × $  1.98 =         $0

────────────────────────────────────────────────────
Month total                                   $4,040

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/240197 is the state's own key, not one this site invented.