ADAMS GU

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

Gas lease lease 244577District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Jan 2009 – Apr 2019
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
124
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112009-12-16195862
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
CondensateDisposition15,626 bbl$1,077,606
GasProduction542,654 Mcf$2,127,925
Total$3,205,531

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 31.7567, -94.3179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75667, -94.31786 · 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
100.0%
1 of 1 wells
Median depth
8,998 ft
1 wells filed one
Completion to plug
9 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,998 ft.

Completions filed
Jul 2018
1 of 1 wells
Plug dates filed
Apr 2019
1 of 1 wells

Last completion to plug: a median of 9 months across the 1 well that filed both dates, with the middle half between 9 months and 9 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193130828,998 ftJul 2018Apr 2019Yes

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 (124)

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

124 months

Apr 20191512662.632.75$9,529
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 2018039965.142.93$1,170
Jun 2018090360.183.08$2,778
May 201801,78265.382.90$5,169
Apr 20183321,71863.842.90$26,178
Mar 201821,87961.222.79$5,359
Feb 201811,44861.782.77$4,067
Jan 201801,60162.874.01$6,419
Dec 201701,15957.272.92$3,386
Nov 20171701,67355.423.12$14,638
Oct 201721,90349.292.98$5,777
Sep 201741,86147.523.09$5,936
Aug 20171801,89745.373.00$13,866
Jul 201751,77343.873.09$5,693
Jun 20171921,40742.493.09$12,502
May 201701,50945.373.26$4,924
Apr 201721,67247.933.21$5,466
Mar 20171861,90146.772.98$14,371
Feb 201701,56850.452.95$4,630
Jan 201701,93949.413.42$6,629
Dec 201601,72048.763.72$6,403
Nov 20161641,77642.492.64$11,665
Oct 20161792,06946.193.09$14,662
Sep 201601,71941.553.10$5,330
Aug 201601,77141.442.92$5,179
Jul 201601,06141.622.92$3,103
Jun 20161601,50445.352.69$11,295
May 2016090842.521.99$1,808
Apr 201601,41636.561.99$2,819
Mar 20161891,68133.011.79$9,255
Feb 201601,48226.472.06$3,058
Jan 20161951,45127.352.36$8,764
Dec 201501,53032.362.00$3,062
Nov 201501,84738.792.17$4,003
Oct 201501,45043.552.43$3,519
Sep 201501,67342.992.76$4,615
Aug 201501,97140.162.87$5,662
Jul 20151812,00948.152.95$14,632
Jun 201501,61256.152.88$4,647
May 201501,98255.212.96$5,858
Apr 20151881,85049.822.71$14,373
Mar 201502,31642.892.93$6,797
Feb 201502,44144.662.98$7,265
Jan 20151912,13443.433.10$14,912
Dec 201402,28654.693.59$8,210
Nov 201402,53270.464.25$10,766
Oct 20141862,41478.303.90$23,981
Sep 201402,50086.164.05$10,114
Aug 20141902,14489.394.04$25,635
Jul 201402,57396.564.18$10,754
Jun 201402,32398.164.74$11,004
May 201402,74794.734.73$12,984
Apr 20141912,61995.944.81$30,920
Mar 201402,77995.895.06$14,053
Feb 20141942,46997.406.19$34,184
Jan 201403,04490.404.86$14,796
Dec 201302,37991.824.35$10,359
Nov 20131562,92688.853.74$24,799
Oct 201302,68297.423.78$10,136
Sep 20131672,889104.113.72$28,127
Aug 201303,180104.253.52$11,202
Jul 20131913,294102.523.72$31,828
Jun 201303,28494.403.93$12,917
May 201303,59994.834.15$14,933
Apr 20131663,60693.964.28$31,040
Mar 201303,85493.623.91$15,080
Feb 20131645,09691.233.42$32,390
Jan 20130091.603.42$0
Dec 201202,76386.773.42$9,450
Nov 20121374,16586.953.62$27,010
Oct 201204,43789.383.40$15,084
Sep 20121694,70694.672.92$29,733
Aug 20121864,79692.662.91$31,182
Jul 20121694,31985.133.02$27,434
Jun 201205,68579.822.52$14,321
May 20121784,59791.612.49$27,745
Apr 20121974,976101.652.00$29,961
Mar 20121875,482105.052.22$31,826
Feb 201205,111101.102.57$13,137
Jan 20121855,55798.092.73$33,340
Dec 20111855,12396.873.24$34,518
Nov 201103,45995.723.31$11,454
Oct 20111935,90384.983.65$37,938
Sep 20113835,36683.623.99$53,414
Aug 201106,11983.404.15$25,390
Jul 20111577,54694.144.52$48,867
Jun 20111616,65092.904.64$45,812
May 20111797,62798.134.40$51,161
Apr 20113837,386105.964.33$72,588
Mar 20111877,41596.364.06$48,105
Feb 20113937,29485.644.18$64,145
Jan 20111877,13286.504.59$48,903
Dec 20101787,89285.734.35$49,572
Nov 20103915,31680.843.80$51,784
Oct 20101934,50078.103.51$30,863
Sep 201002,72672.633.98$10,848
Aug 201004,33073.684.42$19,136
Jul 20101794,36572.554.74$33,661
Jun 20101924,78370.364.91$36,996
May 20101955,89671.124.24$38,839
Apr 20101865,48381.694.12$37,799
Mar 201006,55878.394.39$28,781
Feb 20102016,70873.585.44$51,297
Jan 20102097,21374.365.96$58,560
Dec 20093807,41271.445.48$67,793
Nov 20092167,66874.593.75$44,878
Oct 20093888,98772.544.11$65,084
Sep 200938510,83565.543.06$58,439
Aug 200918512,32867.423.22$52,150
Jul 200938613,61561.133.46$70,765
Jun 200956814,54166.163.90$94,216
May 200938318,10254.743.93$92,029
Apr 200956719,87646.773.59$97,824
Mar 200993424,63842.144.06$139,364
Feb 20091,03123,70632.814.63$143,657
Jan 200918442,95235.865.37$237,293

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 2019 — as filed, then multipliedworked
Condensate           151 bbl  × $ 62.63 =     $9,457
Gas                   26 Mcf  × $  2.75 =        $72

────────────────────────────────────────────────────
Month total                                   $9,529

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/244577 is the state's own key, not one this site invented.