LETOURNEAU GU 3

Operated by TGNR EAST TEXAS LLC (P-5 850990) 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 245107District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Nov 2008 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
211
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 Gas112009-07-31193738
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
CondensateDisposition30 bbl$1,076
GasProduction473,955 Mcf$2,029,117
Total$2,030,192

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 32.4093, -94.5733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40931, -94.57333 · 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
10,808 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 10,808 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-203344971110,808 ftNov 2008

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 (211)

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

211 months

May 20260127106.413.05$387
Apr 2026010798.932.87$307
Mar 2026013589.753.15$425
Feb 2026010163.503.75$379
Jan 202608659.138.00$688
Dec 202509556.664.41$419
Nov 202503958.593.93$153
Oct 202503859.383.30$126
Sep 202509362.743.08$286
Aug 202509063.933.01$271
Jul 202507466.743.32$245
Jun 202505766.483.13$178
May 202508360.553.23$268
Apr 2025014462.363.54$510
Mar 202507167.704.27$303
Feb 202507770.884.34$334
Jan 2025011574.324.28$492
Dec 2024011368.993.12$353
Nov 2024010969.052.20$240
Oct 2024013471.372.28$306
Sep 2024014269.612.36$336
Aug 2024013475.632.06$277
Jul 2024021779.932.15$466
Jun 2024016578.082.63$435
May 2024013678.812.20$299
Apr 2024015784.451.66$260
Mar 2024024780.301.55$382
Feb 2024022176.091.78$394
Jan 2024018673.023.30$613
Dec 2023023771.262.61$619
Nov 2023018077.892.81$505
Oct 2023011985.443.09$367
Sep 2023011289.042.74$306
Aug 2023019980.522.67$532
Jul 2023017974.852.64$473
Jun 2023014768.962.26$332
May 202309370.622.23$207
Apr 202306078.122.24$134
Mar 202306072.852.39$144
Feb 202309275.112.47$227
Jan 202307976.533.39$268
Dec 202206776.415.73$384
Nov 2022011885.005.65$666
Oct 2022010987.185.86$639
Sep 202208684.888.16$702
Aug 202208094.529.13$730
Jul 2022051101.587.54$385
Jun 2022015115.097.98$120
May 2022037109.378.43$312
Apr 202203104.226.84$21
Mar 202203108.885.08$15
Feb 202203491.054.86$165
Jan 20220781.844.54$32
Dec 20210971.323.90$35
Nov 20210777.435.24$37
Oct 202101379.795.71$74
Sep 202101769.865.35$91
Aug 202105766.024.22$241
Jul 202105770.783.98$227
Jun 202105669.493.38$189
May 202106463.483.02$193
Apr 202106160.362.76$168
Mar 202105161.302.72$139
Feb 20210557.805.55$28
Jan 20210750.412.81$20
Dec 20200444.642.68$11
Nov 202005038.772.71$135
Oct 202006836.972.48$169
Sep 202006237.091.99$123
Aug 202001939.982.39$45
Jul 202005238.371.83$95
Jun 202004934.901.69$83
May 202005916.921.81$107
Apr 202005914.751.80$106
Mar 202005530.341.86$102
Feb 202004749.881.98$93
Jan 202005557.252.09$115
Dec 201906059.012.30$138
Nov 201905355.302.75$146
Oct 201905753.472.42$138
Sep 201908455.052.66$223
Aug 201905553.112.30$127
Jul 201904956.272.46$121
Jun 201905352.782.49$132
May 201904858.482.74$132
Apr 201905062.632.75$138
Mar 201905156.803.06$156
Feb 201905050.852.79$140
Jan 201904946.033.23$158
Dec 201805846.594.19$243
Nov 201807352.934.24$309
Oct 201803261.443.40$109
Sep 201803659.543.11$112
Aug 201804959.403.07$150
Jul 201805965.142.93$173
Jun 201806560.183.08$200
May 201807265.382.90$209
Apr 201807063.842.90$203
Mar 201806961.222.79$192
Feb 201805761.782.77$158
Jan 201806062.874.01$241
Dec 201708157.272.92$237
Nov 20170055.423.12$0
Oct 20170449.292.98$12
Sep 20170847.523.09$25
Aug 201701745.373.00$51
Jul 201701243.873.09$37
Jun 201701642.493.09$49
May 201702445.373.26$78
Apr 201701747.933.21$55
Mar 20170146.772.98$3
Feb 20170250.452.95$6
Jan 20170349.413.42$10
Dec 201603148.763.72$115
Nov 20160042.492.64$0
Oct 20160946.193.09$28
Sep 20160941.553.10$28
Aug 201601341.442.92$38
Jul 201603841.622.92$111
Jun 20160045.352.69$0
May 20160142.521.99$2
Apr 201602736.561.99$54
Mar 201602233.011.79$39
Feb 201603826.472.06$78
Jan 201609827.352.36$232
Dec 201505932.362.00$118
Nov 201506038.792.17$130
Oct 201506243.552.43$150
Sep 201507942.992.76$218
Aug 20150040.162.87$0
Jul 201505148.152.95$150
Jun 20150056.152.88$0
May 201506255.212.96$183
Apr 201508449.822.71$227
Mar 201507042.892.93$205
Feb 201505644.662.98$167
Jan 201507543.433.10$233
Dec 2014012354.693.59$442
Nov 201402,30670.464.25$9,805
Oct 201403,73578.303.90$14,570
Sep 201403,76786.164.05$15,239
Aug 201404,08689.394.04$16,488
Jul 201404,12496.564.18$17,237
Jun 201404,18098.164.74$19,800
May 201404,50394.734.73$21,284
Apr 201404,51295.944.81$21,699
Mar 201404,27895.895.06$21,633
Feb 201404,42597.406.19$27,400
Jan 201403,13990.404.86$15,258
Dec 201304,42691.824.35$19,273
Nov 201304,73488.853.74$17,697
Oct 201305,29797.423.78$20,019
Sep 201304,949104.113.72$18,399
Aug 201305,149104.253.52$18,138
Jul 201305,061102.523.72$18,815
Jun 201304,95894.403.93$19,502
May 201305,47794.834.15$22,725
Apr 201305,01393.964.28$21,469
Mar 201306,68593.623.91$26,158
Feb 201308191.233.42$277
Jan 201309091.603.42$308
Dec 2012030986.773.42$1,057
Nov 2012036086.953.62$1,305
Oct 2012039089.383.40$1,326
Sep 2012031794.672.92$925
Aug 2012034692.662.91$1,006
Jul 2012027685.133.02$834
Jun 2012069279.822.52$1,743
May 201204,68391.612.49$11,653
Apr 201205,928101.652.00$11,837
Mar 201205,884105.052.22$13,075
Feb 201206,348101.102.57$16,316
Jan 201207,32698.092.73$20,030
Dec 201107,75396.873.24$25,118
Nov 201107,98895.723.31$26,451
Oct 201108,21484.983.65$29,969
Sep 201105,24483.623.99$20,902
Aug 2011015083.404.15$622
Jul 2011019694.144.52$885
Jun 201106992.904.64$320
May 2011028398.134.40$1,247
Apr 2011028105.964.33$121
Mar 201107696.364.06$308
Feb 201101,22085.644.18$5,100
Jan 201104,18686.504.59$19,209
Dec 201006,47785.734.35$28,160
Nov 201006,70980.843.80$25,463
Oct 201007,07378.103.51$24,818
Sep 201006,53272.633.98$25,994
Aug 201006,83273.684.42$30,193
Jul 201006,84572.554.74$32,421
Jun 201006,93970.364.91$34,073
May 201007,28271.124.24$30,841
Apr 201007,20881.694.12$29,716
Mar 201007,92178.394.39$34,763
Feb 201007,32673.585.44$39,871
Jan 201008,27274.365.96$49,335
Dec 200909,06671.445.48$49,716
Nov 200909,19874.593.75$34,506
Oct 200909,39972.544.11$38,632
Sep 2009010,10565.543.06$30,969
Aug 2009010,21467.423.22$32,874
Jul 2009011,71461.133.46$40,583
Jun 2009012,78566.163.90$49,798
May 2009013,99154.743.93$54,925
Apr 2009015,18746.773.59$54,483
Mar 2009018,18442.144.06$73,809
Feb 2009019,57232.814.63$90,677
Jan 20093026,64735.865.37$144,197
Dec 2008041,51737.105.98$248,153
Nov 200808,46555.496.86$58,073

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $387

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/245107 is the state's own key, not one this site invented.