WEAVER-KIDD

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 243946District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Oct 2008 – Jul 2024
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
190
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 Gas112009-04-22188199
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
CondensateDisposition4,270 bbl$298,190
GasProduction377,042 Mcf$1,608,734
Total$1,906,924

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 32.2456, -94.7169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24557, -94.71687 · 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
11,043 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 11,043 ft.

Completions filed
Jul 2024
1 of 1 wells

1 well

42-40134395111,043 ftJul 2024Yes

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 (190)

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

190 months

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 2023134071.262.61$9,549
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023028272.852.39$675
Feb 202301,08675.112.47$2,678
Jan 2023010076.533.39$339
Dec 2022093876.415.73$5,374
Nov 2022493785.005.65$5,630
Oct 2022186287.185.86$5,142
Sep 202201,05084.888.16$8,572
Aug 2022093494.529.13$8,525
Jul 2022651,106101.587.54$14,944
Jun 20221941115.097.98$7,622
May 202201,061109.378.43$8,947
Apr 20221365104.226.84$2,600
Mar 20220700108.885.08$3,553
Feb 2022092191.054.86$4,475
Jan 20221781,58281.844.54$21,746
Dec 202101,76671.323.90$6,886
Nov 2021087977.435.24$4,603
Oct 202102,00079.795.71$11,428
Sep 2021075069.865.35$4,013
Aug 2021010366.024.22$435
Jul 202108170.783.98$323
Jun 2021058869.493.38$1,988
May 202101,56063.483.02$4,708
Apr 202101,35360.362.76$3,732
Mar 20211641,68261.302.72$14,623
Feb 2021051757.805.55$2,868
Jan 2021083550.412.81$2,347
Dec 202002,89144.642.68$7,735
Nov 2020066438.772.71$1,797
Oct 2020089236.972.48$2,211
Sep 2020094937.091.99$1,890
Aug 2020036139.982.39$861
Jul 20201761,14238.371.83$8,837
Jun 202001,59934.901.69$2,703
May 202001,35116.921.81$2,452
Apr 202001,23814.751.80$2,234
Mar 202001,97230.341.86$3,660
Feb 202001,27149.881.98$2,517
Jan 202001,23257.252.09$2,581
Dec 2019096759.012.30$2,228
Nov 2019060655.302.75$1,667
Oct 201901,60353.472.42$3,877
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016176241.442.92$7,299
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160642.521.99$12
Apr 201601,39836.561.99$2,783
Mar 201601,45933.011.79$2,617
Feb 201601,65426.472.06$3,413
Jan 201601,35927.352.36$3,213
Dec 201501,00732.362.00$2,015
Nov 201501,05338.792.17$2,282
Oct 201501,22143.552.43$2,963
Sep 201501,59342.992.76$4,394
Aug 2015091640.162.87$2,631
Jul 2015096848.152.95$2,851
Jun 201501,10056.152.88$3,171
May 201501,27855.212.96$3,777
Apr 201501,72449.822.71$4,666
Mar 201501,38942.892.93$4,076
Feb 201501,17844.662.98$3,506
Jan 201501,56443.433.10$4,849
Dec 201401,75154.693.59$6,288
Nov 201411884970.464.25$11,924
Oct 201401,38378.303.90$5,395
Sep 201401,50186.164.05$6,072
Aug 201401,60589.394.04$6,476
Jul 201401,62696.564.18$6,796
Jun 20141821,58398.164.74$25,364
May 201401,70494.734.73$8,054
Apr 201401,71195.944.81$8,228
Mar 201402,02395.895.06$10,230
Feb 201401,72697.406.19$10,687
Jan 201401,71490.404.86$8,331
Dec 201301,80391.824.35$7,851
Nov 201301,94388.853.74$7,263
Oct 20131891,83797.423.78$25,355
Sep 201301,789104.113.72$6,651
Aug 201302,040104.253.52$7,186
Jul 201302,253102.523.72$8,376
Jun 201301,63294.403.93$6,419
May 201302,03794.834.15$8,452
Apr 201302,06793.964.28$8,852
Mar 201301,97193.623.91$7,712
Feb 201302,32491.233.42$7,948
Jan 20131942,79391.603.42$27,322
Dec 201203,22686.773.42$11,033
Nov 201203,16586.953.62$11,473
Oct 201202,84389.383.40$9,665
Sep 201203,01994.672.92$8,811
Aug 20121812,47692.662.91$23,972
Jul 201202,29985.133.02$6,945
Jun 201202,50579.822.52$6,310
May 201202,65091.612.49$6,594
Apr 201202,312101.652.00$4,617
Mar 201202,367105.052.22$5,260
Feb 201202,695101.102.57$6,927
Jan 201202,80398.092.73$7,664
Dec 201102,96296.873.24$9,596
Nov 20111883,41195.723.31$29,290
Oct 201102,87184.983.65$10,475
Sep 201103,47283.623.99$13,839
Aug 201113,55883.404.15$14,847
Jul 201103,34094.144.52$15,088
Jun 201113,05492.904.64$14,263
May 20111913,20898.134.40$32,873
Apr 201114,877105.964.33$21,239
Mar 201114,16196.364.06$16,979
Feb 201103,81985.644.18$15,963
Jan 201114,31086.504.59$19,864
Dec 20101823,57385.734.35$31,137
Nov 201004,04680.843.80$15,356
Oct 201003,84278.103.51$13,481
Sep 201004,79172.633.98$19,066
Aug 20101885,44473.684.42$37,911
Jul 201005,25372.554.74$24,881
Jun 201004,79770.364.91$23,555
May 201004,90771.124.24$20,782
Apr 20101994,57181.694.12$35,101
Mar 201014,99078.394.39$21,978
Feb 201034,41973.585.44$24,271
Jan 2010105,18074.365.96$31,638
Dec 20091904,51871.445.48$38,349
Nov 200904,43574.593.75$16,638
Oct 200915,30372.544.11$21,869
Sep 2009505,62465.543.06$20,513
Aug 20093505,64667.423.22$41,769
Jul 200906,37561.133.46$22,086
Jun 200906,81566.163.90$26,544
May 20091947,93054.743.93$41,751
Apr 200918,92546.773.59$32,065
Mar 20091899,85542.144.06$47,966
Feb 2009010,75632.814.63$49,833
Jan 200937113,73435.865.37$87,069
Dec 200819217,81937.105.98$113,630
Nov 2008129,84055.496.86$204,769
Oct 20080075.246.92$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.

Dec 2023 — as filed, then multipliedworked
Condensate           134 bbl  × $ 71.26 =     $9,549
Gas                    0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                   $9,549

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/243946 is the state's own key, not one this site invented.