LETOURNEAU GU 2

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 247005District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$2.2 M
Feb 2009 – May 2026
Value, last 12 filed months
$401 k
at the published price for each month
Months reported
208
no gaps in the span
Streams
1
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 Gas112009-09-14194445
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
GasProduction591,686 Mcf$2,247,638
Total$2,247,638

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 32.4129, -94.5845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41289, -94.58452 · 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
10,521 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 10,521 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-203346441510,521 ftFeb 2009

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 (208)

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

208 months

May 202617,742106.413.05$54,039
Apr 202616,13798.932.87$46,309
Mar 202617,96989.753.15$56,592
Feb 202616,20563.503.75$60,774
Jan 202616,50959.138.00$132,038
Dec 20252,27956.664.41$10,058
Nov 20252,13558.593.93$8,383
Oct 20251,84859.383.30$6,107
Sep 20252,28962.743.08$7,043
Aug 20252,20063.933.01$6,632
Jul 20251,99066.743.32$6,597
Jun 20251,93966.483.13$6,067
May 20252,22660.553.23$7,195
Apr 20251,85662.363.54$6,576
Mar 20251,62167.704.27$6,919
Feb 20251,69870.884.34$7,371
Jan 2025074.324.28$0
Dec 20242,65168.993.12$8,275
Nov 20242,30469.052.20$5,065
Oct 20243,55371.372.28$8,106
Sep 20244,25569.612.36$10,060
Aug 20241,74775.632.06$3,605
Jul 2024079.932.15$0
Jun 2024478.082.63$11
May 2024078.812.20$0
Apr 20243584.451.66$58
Mar 20241,32380.301.55$2,044
Feb 20241,24976.091.78$2,228
Jan 20241,43973.023.30$4,745
Dec 20231,46771.262.61$3,830
Nov 20231,20077.892.81$3,369
Oct 20231,24385.443.09$3,837
Sep 20231,44189.042.74$3,941
Aug 20231,51180.522.67$4,039
Jul 20231,16874.852.64$3,086
Jun 20231,16368.962.26$2,627
May 20231,20470.622.23$2,682
Apr 20231,13278.122.24$2,533
Mar 20231,20572.852.39$2,884
Feb 20231,08475.112.47$2,673
Jan 20231,12076.533.39$3,794
Dec 20221,15576.415.73$6,617
Nov 20221,12485.005.65$6,346
Oct 20221,13587.185.86$6,655
Sep 20221,11684.888.16$9,111
Aug 20221,05394.529.13$9,611
Jul 20221,095101.587.54$8,259
Jun 20221,032115.097.98$8,232
May 20221,045109.378.43$8,813
Apr 2022868104.226.84$5,935
Mar 2022835108.885.08$4,239
Feb 202259891.054.86$2,906
Jan 202263581.844.54$2,881
Dec 202163371.323.90$2,468
Nov 202161877.435.24$3,236
Oct 202160579.795.71$3,457
Sep 202140269.865.35$2,151
Aug 202165266.024.22$2,752
Jul 202172070.783.98$2,867
Jun 202145369.493.38$1,531
May 202148063.483.02$1,448
Apr 202158060.362.76$1,600
Mar 202162061.302.72$1,685
Feb 202147857.805.55$2,652
Jan 202149650.412.81$1,394
Dec 202053544.642.68$1,431
Nov 202081938.772.71$2,217
Oct 202086336.972.48$2,139
Sep 20201,06537.091.99$2,120
Aug 202097639.982.39$2,328
Jul 20201,06038.371.83$1,935
Jun 202047334.901.69$800
May 20201,11716.921.81$2,027
Apr 20201,17014.751.80$2,111
Mar 20201,30230.341.86$2,417
Feb 202017749.881.98$351
Jan 202020057.252.09$419
Dec 201921459.012.30$493
Nov 201923455.302.75$644
Oct 201926053.472.42$629
Sep 201926355.052.66$699
Aug 201931753.112.30$730
Jul 201931656.272.46$777
Jun 201933852.782.49$842
May 201938158.482.74$1,044
Apr 201941562.632.75$1,142
Mar 201952556.803.06$1,608
Feb 201952450.852.79$1,463
Jan 201962346.033.23$2,011
Dec 201896346.594.19$4,031
Nov 20181,22652.934.24$5,195
Oct 20181,24061.443.40$4,214
Sep 20181,21259.543.11$3,767
Aug 20181,27259.403.07$3,901
Jul 20181,19765.142.93$3,509
Jun 20181,20360.183.08$3,702
May 20181,29365.382.90$3,751
Apr 20181,20663.842.90$3,498
Mar 20181,26761.222.79$3,531
Feb 20181,15161.782.77$3,184
Jan 20181,51562.874.01$6,074
Dec 20171,52457.272.92$4,452
Nov 20171,33055.423.12$4,147
Oct 20171,65449.292.98$4,935
Sep 20172,87847.523.09$8,885
Aug 20172,69645.373.00$8,100
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 20171,02347.933.21$3,285
Mar 20171,64846.772.98$4,917
Feb 20171,67150.452.95$4,934
Jan 20171,11349.413.42$3,805
Dec 20161,68948.763.72$6,288
Nov 20161,74642.492.64$4,617
Oct 20161,74146.193.09$5,380
Sep 20161,55641.553.10$4,825
Aug 201671041.442.92$2,076
Jul 201625341.622.92$740
Jun 20161,13045.352.69$3,035
May 20161,92742.521.99$3,837
Apr 20161,90036.561.99$3,783
Mar 20161,93033.011.79$3,462
Feb 20161,77926.472.06$3,671
Jan 20163,04227.352.36$7,192
Dec 2015032.362.00$0
Nov 20151,40838.792.17$3,052
Oct 20151,79943.552.43$4,365
Sep 20152,13242.992.76$5,881
Aug 20151,59240.162.87$4,573
Jul 20151,89448.152.95$5,578
Jun 2015056.152.88$0
May 20151,90155.212.96$5,618
Apr 20151,89049.822.71$5,115
Mar 20151,97142.892.93$5,784
Feb 20151,84144.662.98$5,479
Jan 20152,09843.433.10$6,505
Dec 20142,14254.693.59$7,693
Nov 20142,11770.464.25$9,001
Oct 20142,30978.303.90$9,007
Sep 20142,37886.164.05$9,620
Aug 20142,47589.394.04$9,987
Jul 20142,53896.564.18$10,608
Jun 20142,49198.164.74$11,800
May 20142,57294.734.73$12,157
Apr 20142,05295.944.81$9,868
Mar 201489295.895.06$4,511
Feb 20141,12597.406.19$6,966
Jan 20141,79790.404.86$8,735
Dec 20131,99991.824.35$8,705
Nov 20131,96088.853.74$7,327
Oct 20132,04197.423.78$7,714
Sep 20132,047104.113.72$7,610
Aug 20132,154104.253.52$7,588
Jul 20132,265102.523.72$8,421
Jun 20132,22594.403.93$8,752
May 20132,27494.834.15$9,435
Apr 20132,33593.964.28$10,000
Mar 20132,50493.623.91$9,798
Feb 20132,00191.233.42$6,843
Jan 20132,14991.603.42$7,349
Dec 20122,07086.773.42$7,080
Nov 20122,15086.953.62$7,794
Oct 20122,21689.383.40$7,534
Sep 20122,45694.672.92$7,168
Aug 20122,83792.662.91$8,250
Jul 20122,81985.133.02$8,516
Jun 20122,80879.822.52$7,073
May 20121,15491.612.49$2,872
Apr 20123,374101.652.00$6,737
Mar 20123,519105.052.22$7,820
Feb 20123,011101.102.57$7,739
Jan 20123,35898.092.73$9,181
Dec 20113,19196.873.24$10,338
Nov 20113,35895.723.31$11,119
Oct 20113,53084.983.65$12,879
Sep 20114,32383.623.99$17,231
Aug 20113,24283.404.15$13,452
Jul 20113,69994.144.52$16,709
Jun 20114,56892.904.64$21,195
May 20114,89698.134.40$21,566
Apr 20114,899105.964.33$21,229
Mar 20114,46996.364.06$18,132
Feb 20114,69985.644.18$19,642
Jan 20115,53486.504.59$25,394
Dec 20105,62485.734.35$24,452
Nov 20105,90680.843.80$22,415
Oct 20106,21578.103.51$21,808
Sep 20105,26972.633.98$20,968
Aug 20106,53173.684.42$28,863
Jul 20106,58972.554.74$31,209
Jun 20105,60970.364.91$27,542
May 20106,44471.124.24$27,292
Apr 20106,42881.694.12$26,501
Mar 20107,09478.394.39$31,133
Feb 20106,84173.585.44$37,231
Jan 20107,90574.365.96$47,146
Dec 20098,76571.445.48$48,065
Nov 20099,14074.593.75$34,289
Oct 200910,03172.544.11$41,230
Sep 200910,01165.543.06$30,681
Aug 20099,48967.423.22$30,540
Jul 200910,27461.133.46$35,594
Jun 200911,84566.163.90$46,136
May 200915,05554.743.93$59,102
Apr 200921,21646.773.59$76,112
Mar 200933,23742.144.06$134,909
Feb 20092,19932.814.63$10,188

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
Gas               17,742 Mcf  × $  3.05 =    $54,039

────────────────────────────────────────────────────
Month total                                  $54,039

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/247005 is the state's own key, not one this site invented.