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 244863District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$703 k
Jul 2007 – May 2026
Value, last 12 filed months
$5 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 Gas112009-03-19177157
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
CondensateDisposition41 bbl$3,507
GasProduction110,727 Mcf$699,640
Total$703,146

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 32.4213, -94.6539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42126, -94.65385 · 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
10,970 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 10,970 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-203336161110,970 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 202601198.932.87$32
Mar 202601289.753.15$38
Feb 202607263.503.75$270
Jan 202605859.138.00$464
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202501059.383.30$33
Sep 2025035562.743.08$1,092
Aug 20250063.933.01$0
Jul 2025071066.743.32$2,354
Jun 2025035366.483.13$1,104
May 2025026260.553.23$847
Apr 20250062.363.54$0
Mar 20252011767.704.27$1,853
Feb 202506370.884.34$273
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202403275.632.06$66
Jul 20240079.932.15$0
Jun 202402678.082.63$68
May 2024015778.812.20$345
Apr 20240184.451.66$2
Mar 202402080.301.55$31
Feb 20240876.091.78$14
Jan 202402573.023.30$82
Dec 202301271.262.61$31
Nov 202303577.892.81$98
Oct 20230485.443.09$12
Sep 202301089.042.74$27
Aug 202302280.522.67$59
Jul 2023011374.852.64$299
Jun 202301468.962.26$32
May 202301270.622.23$27
Apr 202302778.122.24$60
Mar 202302672.852.39$62
Feb 202307675.112.47$187
Jan 2023010476.533.39$352
Dec 202208376.415.73$476
Nov 202208185.005.65$457
Oct 2022014887.185.86$868
Sep 202201684.888.16$131
Aug 202208294.529.13$748
Jul 20220666101.587.54$5,023
Jun 20220653115.097.98$5,209
May 202217616109.378.43$7,054
Apr 202201,155104.226.84$7,897
Mar 20220785108.885.08$3,985
Feb 2022018191.054.86$879
Jan 2022019081.844.54$862
Dec 202103671.323.90$140
Nov 2021028777.435.24$1,503
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021063566.024.22$2,680
Jul 2021028670.783.98$1,139
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 202002144.642.68$56
Nov 202001138.772.71$30
Oct 2020018836.972.48$466
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202003134.901.69$52
May 202007816.921.81$142
Apr 202008214.751.80$148
Mar 202003830.341.86$71
Feb 202001749.881.98$34
Jan 202006357.252.09$132
Dec 2019019159.012.30$440
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019010555.052.66$279
Aug 201906253.112.30$143
Jul 201907156.272.46$175
Jun 201907652.782.49$189
May 2019010358.482.74$282
Apr 2019010662.632.75$292
Mar 2019011756.803.06$358
Feb 2019010150.852.79$282
Jan 2019012046.033.23$387
Dec 2018017946.594.19$749
Nov 201808052.934.24$339
Oct 2018019561.443.40$663
Sep 201807259.543.11$224
Aug 2018021859.403.07$669
Jul 2018017865.142.93$522
Jun 201805060.183.08$154
May 2018030765.382.90$891
Apr 2018018763.842.90$542
Mar 2018030961.222.79$861
Feb 2018011761.782.77$324
Jan 2018030562.874.01$1,223
Dec 2017016457.272.92$479
Nov 2017018255.423.12$568
Oct 201707649.292.98$227
Sep 2017017447.523.09$537
Aug 2017013945.373.00$418
Jul 2017011443.873.09$352
Jun 201703642.493.09$111
May 201702645.373.26$85
Apr 201706847.933.21$218
Mar 201703946.772.98$116
Feb 201702150.452.95$62
Jan 2017011549.413.42$393
Dec 2016021448.763.72$797
Nov 2016017042.492.64$450
Oct 2016016446.193.09$507
Sep 2016011641.553.10$360
Aug 2016012141.442.92$354
Jul 2016011241.622.92$328
Jun 2016018145.352.69$486
May 20160042.521.99$0
Apr 201609536.561.99$189
Mar 2016012933.011.79$231
Feb 2016010426.472.06$215
Jan 2016010427.352.36$246
Dec 201509832.362.00$196
Nov 2015014338.792.17$310
Oct 2015020643.552.43$500
Sep 2015017442.992.76$480
Aug 2015027040.162.87$776
Jul 2015031848.152.95$937
Jun 2015032456.152.88$934
May 2015021755.212.96$641
Apr 2015036249.822.71$980
Mar 201509142.892.93$267
Feb 201503544.662.98$104
Jan 2015010243.433.10$316
Dec 201408654.693.59$309
Nov 201408070.464.25$340
Oct 201406078.303.90$234
Sep 201407186.164.05$287
Aug 201407989.394.04$319
Jul 201408196.564.18$339
Jun 201407998.164.74$374
May 201408894.734.73$416
Apr 201404995.944.81$236
Mar 201408195.895.06$410
Feb 201407197.406.19$440
Jan 201403090.404.86$146
Dec 201305191.824.35$222
Nov 201303288.853.74$120
Oct 201309097.423.78$340
Sep 20130102104.113.72$379
Aug 20130116104.253.52$409
Jul 20130121102.523.72$450
Jun 2013012594.403.93$492
May 2013012594.834.15$519
Apr 201309093.964.28$385
Mar 201303093.623.91$117
Feb 201305191.233.42$174
Jan 2013011991.603.42$407
Dec 2012010686.773.42$363
Nov 201206286.953.62$225
Oct 2012021489.383.40$728
Sep 2012012994.672.92$376
Aug 2012217492.662.91$691
Jul 2012037985.133.02$1,145
Jun 2012027579.822.52$693
May 2012063991.612.49$1,590
Apr 20120404101.652.00$807
Mar 20120378105.052.22$840
Feb 20120663101.102.57$1,704
Jan 2012015998.092.73$435
Dec 201102496.873.24$78
Nov 201107695.723.31$252
Oct 2011042784.983.65$1,558
Sep 2011055483.623.99$2,208
Aug 2011054083.404.15$2,241
Jul 2011076694.144.52$3,460
Jun 2011046992.904.64$2,176
May 2011021898.134.40$960
Apr 20110457105.964.33$1,980
Mar 2011050996.364.06$2,065
Feb 2011059385.644.18$2,479
Jan 2011066986.504.59$3,070
Dec 2010060385.734.35$2,622
Nov 201001,02280.843.80$3,879
Oct 2010073278.103.51$2,569
Sep 2010092172.633.98$3,665
Aug 2010094273.684.42$4,163
Jul 201001,10872.554.74$5,248
Jun 2010044070.364.91$2,161
May 2010058071.124.24$2,456
Apr 2010081081.694.12$3,339
Mar 2010097978.394.39$4,297
Feb 2010036773.585.44$1,997
Jan 2010099374.365.96$5,922
Dec 2009018171.445.48$993
Nov 2009051574.593.75$1,932
Oct 2009054572.544.11$2,240
Sep 2009039865.543.06$1,220
Aug 2009060967.423.22$1,960
Jul 200911,50161.133.46$5,261
Jun 2009089866.163.90$3,498
May 200902,06354.743.93$8,099
Apr 200912,18346.773.59$7,878
Mar 2009096442.144.06$3,913
Feb 200901,14832.814.63$5,319
Jan 200901,71035.865.37$9,184
Dec 200802,00637.105.98$11,990
Nov 200802,39555.496.86$16,431
Oct 200802,02575.246.92$14,017
Sep 200802,300101.767.88$18,117
Aug 200802,465114.228.48$20,911
Jul 200802,502131.0811.39$28,496
Jun 200802,795131.3313.03$36,426
May 200803,015123.1711.57$34,896
Apr 200803,140110.3110.45$32,828
Mar 200804,536101.909.66$43,836
Feb 200803,25692.538.77$28,557
Jan 200803,71290.388.21$30,460
Dec 200703,60888.337.30$26,346
Nov 200705,97391.677.29$43,553
Oct 200705,39982.856.92$37,372
Sep 200705,45375.846.24$34,049
Aug 200704,91369.066.39$31,384
Jul 2007080270.906.39$5,123

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                   11 Mcf  × $  2.87 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/244863 is the state's own key, not one this site invented.