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 245989District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Nov 2008 – May 2026
Value, last 12 filed months
$119 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 Gas112009-07-31193739
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
CondensateDisposition288 bbl$10,328
GasProduction1,234,306 Mcf$4,713,862
Total$4,724,190

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 32.3988, -94.5731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39884, -94.57308 · 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
10,265 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 10,265 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-2033448018H10,265 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 202602,683106.413.05$8,172
Apr 202602,78098.932.87$7,978
Mar 202603,29189.753.15$10,365
Feb 202601,72563.503.75$6,469
Jan 202603,15159.138.00$25,201
Dec 202502,02356.664.41$8,928
Nov 202502,93458.593.93$11,520
Oct 202502,82959.383.30$9,349
Sep 202502,59462.743.08$7,982
Aug 202502,39263.933.01$7,211
Jul 202502,22966.743.32$7,390
Jun 202502,53866.483.13$7,941
May 202502,54960.553.23$8,239
Apr 202504,17462.363.54$14,789
Mar 2025084067.704.27$3,585
Feb 2025084370.884.34$3,659
Jan 202502,12474.324.28$9,088
Dec 202402,87368.993.12$8,968
Nov 202402,86269.052.20$6,292
Oct 202401,12971.372.28$2,576
Sep 202401,15769.612.36$2,736
Aug 202401,26775.632.06$2,615
Jul 202401,29279.932.15$2,773
Jun 202402,16978.082.63$5,713
May 202402,45078.812.20$5,386
Apr 202402,16984.451.66$3,599
Mar 202402,98280.301.55$4,608
Feb 202402,89276.091.78$5,158
Jan 202403,05773.023.30$10,081
Dec 202302,97771.262.61$7,772
Nov 202302,81777.892.81$7,909
Oct 202301,89285.443.09$5,841
Sep 202302,13389.042.74$5,834
Aug 202304,64080.522.67$12,402
Jul 202303,56374.852.64$9,413
Jun 202303,70868.962.26$8,374
May 202303,85470.622.23$8,584
Apr 202303,27078.122.24$7,317
Mar 202303,38672.852.39$8,103
Feb 202304,03075.112.47$9,937
Jan 202304,19176.533.39$14,198
Dec 202202,13976.415.73$12,255
Nov 202204,43885.005.65$25,058
Oct 202203,67387.185.86$21,538
Sep 2022037184.888.16$3,029
Aug 202202,60094.529.13$23,731
Jul 202203,118101.587.54$23,516
Jun 202201,079115.097.98$8,607
May 202201,727109.378.43$14,564
Apr 20220910104.226.84$6,222
Mar 202201,755108.885.08$8,909
Feb 2022091191.054.86$4,426
Jan 202201,94581.844.54$8,826
Dec 202102,17571.323.90$8,481
Nov 202101,15777.435.24$6,059
Oct 202101,09279.795.71$6,240
Sep 20210069.865.35$0
Aug 202101,88566.024.22$7,956
Jul 202102,60270.783.98$10,361
Jun 202102,58869.493.38$8,749
May 202102,78263.483.02$8,395
Apr 202102,97560.362.76$8,206
Mar 202103,41961.302.72$9,289
Feb 202102,82757.805.55$15,684
Jan 202103,23550.412.81$9,091
Dec 202002,99244.642.68$8,005
Nov 202002,98438.772.71$8,076
Oct 202003,07036.972.48$7,609
Sep 202003,17437.091.99$6,320
Aug 202002,18839.982.39$5,219
Jul 202003,26138.371.83$5,952
Jun 202002,71234.901.69$4,584
May 202002,50616.921.81$4,548
Apr 202002,44514.751.80$4,412
Mar 202002,80730.341.86$5,210
Feb 202002,88249.881.98$5,708
Jan 202003,16057.252.09$6,619
Dec 201903,27859.012.30$7,554
Nov 201903,19855.302.75$8,797
Oct 201903,29853.472.42$7,976
Sep 201903,12055.052.66$8,291
Aug 201903,44753.112.30$7,943
Jul 201902,95756.272.46$7,274
Jun 201903,20252.782.49$7,977
May 201903,32258.482.74$9,103
Apr 201903,31262.632.75$9,110
Mar 201903,23956.803.06$9,918
Feb 201903,18250.852.79$8,885
Jan 201903,33346.033.23$10,760
Dec 201803,49546.594.19$14,628
Nov 201803,36352.934.24$14,250
Oct 201803,41261.443.40$11,594
Sep 201803,25759.543.11$10,123
Aug 201803,38159.403.07$10,368
Jul 201803,51865.142.93$10,314
Jun 201803,44360.183.08$10,594
May 201803,63865.382.90$10,553
Apr 201803,59663.842.90$10,431
Mar 201803,46861.222.79$9,665
Feb 201803,34661.782.77$9,255
Jan 201803,44962.874.01$13,828
Dec 201703,41957.272.92$9,989
Nov 201703,47055.423.12$10,821
Oct 201703,55149.292.98$10,595
Sep 201703,35647.523.09$10,361
Aug 201703,71045.373.00$11,146
Jul 201703,92743.873.09$12,124
Jun 201703,95642.493.09$12,213
May 201704,20145.373.26$13,710
Apr 201704,15747.933.21$13,351
Mar 201704,23946.772.98$12,648
Feb 201704,13550.452.95$12,209
Jan 201704,34249.413.42$14,844
Dec 201604,51248.763.72$16,797
Nov 201604,75742.492.64$12,579
Oct 201604,06946.193.09$12,574
Sep 201604,01641.553.10$12,452
Aug 201604,72641.442.92$13,820
Jul 201604,70841.622.92$13,768
Jun 201605,96045.352.69$16,008
May 201605,34842.521.99$10,648
Apr 201605,68136.561.99$11,311
Mar 201603,53733.011.79$6,345
Feb 201602,47226.472.06$5,101
Jan 201603,33727.352.36$7,890
Dec 201502,98132.362.00$5,966
Nov 201502,62738.792.17$5,694
Oct 201503,29843.552.43$8,003
Sep 201504,55542.992.76$12,565
Aug 201502,51240.162.87$7,216
Jul 201503,75948.152.95$11,071
Jun 201501,86256.152.88$5,368
May 201504,23455.212.96$12,513
Apr 201505,22749.822.71$14,147
Mar 201505,89742.892.93$17,306
Feb 201504,65844.662.98$13,863
Jan 201505,10243.433.10$15,819
Dec 201404,03654.693.59$14,495
Nov 201405,04870.464.25$21,463
Oct 201405,15078.303.90$20,090
Sep 201404,99886.164.05$20,219
Aug 201405,18589.394.04$20,922
Jul 201405,32396.564.18$22,248
Jun 201405,36298.164.74$25,399
May 201405,55994.734.73$26,275
Apr 201405,49095.944.81$26,402
Mar 201404,59795.895.06$23,246
Feb 201405,24297.406.19$32,458
Jan 201405,97090.404.86$29,019
Dec 201305,38091.824.35$23,427
Nov 201305,52388.853.74$20,647
Oct 201305,75097.423.78$21,731
Sep 201305,221104.113.72$19,410
Aug 201305,124104.253.52$18,050
Jul 201305,401102.523.72$20,080
Jun 201304,82294.403.93$18,967
May 201304,94194.834.15$20,501
Apr 201304,95593.964.28$21,220
Mar 201305,74393.623.91$22,472
Feb 201305,81391.233.42$19,880
Jan 201306,58391.603.42$22,513
Dec 201206,80986.773.42$23,288
Nov 201206,46686.953.62$23,439
Oct 201207,11789.383.40$24,196
Sep 201206,74794.672.92$19,690
Aug 201206,76492.662.91$19,671
Jul 201207,56485.133.02$22,849
Jun 201207,75279.822.52$19,528
May 201207,93591.612.49$19,745
Apr 201207,613101.652.00$15,202
Mar 201207,626105.052.22$16,946
Feb 201207,037101.102.57$18,087
Jan 201208,27098.092.73$22,611
Dec 201107,98696.873.24$25,873
Nov 201107,76195.723.31$25,699
Oct 201108,64884.983.65$31,553
Sep 201108,88583.623.99$35,414
Aug 201109,60083.404.15$39,833
Jul 201109,99794.144.52$45,159
Jun 201108,91192.904.64$41,346
May 201109,43598.134.40$41,559
Apr 201109,268105.964.33$40,161
Mar 201109,65096.364.06$39,153
Feb 201108,91385.644.18$37,256
Jan 2011010,09886.504.59$46,338
Dec 2010010,49485.734.35$45,625
Nov 2010010,37380.843.80$39,369
Oct 2010010,91478.103.51$38,296
Sep 2010011,06972.633.98$44,049
Aug 2010011,91473.684.42$52,652
Jul 2010012,33972.554.74$58,444
Jun 2010012,32770.364.91$60,531
May 2010013,12271.124.24$55,575
Apr 2010012,75881.694.12$52,597
Mar 2010013,50978.394.39$59,287
Feb 2010012,97073.585.44$70,587
Jan 2010013,65674.365.96$81,446
Dec 2009015,35971.445.48$84,225
Nov 2009016,43674.593.75$61,660
Oct 2009018,96372.544.11$77,943
Sep 2009019,48465.543.06$59,714
Aug 2009021,16967.423.22$68,132
Jul 2009021,78661.133.46$75,478
Jun 2009022,24266.163.90$86,633
May 2009025,77654.743.93$101,190
Apr 2009028,49746.773.59$102,233
Mar 2009035,24742.144.06$143,068
Feb 2009033,43932.814.63$154,923
Jan 200928835,63535.865.37$201,723
Dec 2008032,38237.105.98$193,552
Nov 2008017,78355.496.86$121,998

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                2,683 Mcf  × $  3.05 =     $8,172

────────────────────────────────────────────────────
Month total                                   $8,172

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/245989 is the state's own key, not one this site invented.