METCALF

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

Gas lease lease 247038District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Feb 2009 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
208
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

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 Gas112009-12-30196243
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
CondensateDisposition3,656 bbl$265,472
GasProduction340,608 Mcf$1,233,277
Total$1,498,749

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 32.3030, -94.4214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30300, -94.42142 · 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
10,347 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 10,347 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-36537340310,347 ftMar 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 20260432106.413.05$1,316
Apr 2026073198.932.87$2,098
Mar 20260089.753.15$0
Feb 202601,14763.503.75$4,302
Jan 2026289259.138.00$7,252
Dec 202501,41356.664.41$6,236
Nov 202501,66958.593.93$6,553
Oct 202503,34159.383.30$11,041
Sep 2025332,98162.743.08$11,243
Aug 202532,94663.933.01$9,073
Jul 202503,22566.743.32$10,692
Jun 2025433,72966.483.13$14,526
May 202503,99360.553.23$12,907
Apr 202524,70762.363.54$16,802
Mar 202511,81067.704.27$7,793
Feb 20252627770.884.34$3,045
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20242069.052.20$138
Oct 2024018771.372.28$427
Sep 20242621369.612.36$2,313
Aug 2024310975.632.06$452
Jul 2024420379.932.15$755
Jun 2024816778.082.63$1,065
May 202431578.812.20$269
Apr 2024055684.451.66$923
Mar 2024441,27780.301.55$5,506
Feb 2024191176.091.78$1,701
Jan 202402473.023.30$79
Dec 2023031371.262.61$817
Nov 2023026077.892.81$730
Oct 2023025185.443.09$775
Sep 2023035989.042.74$982
Aug 2023112080.522.67$401
Jul 202321,61374.852.64$4,411
Jun 202312,94068.962.26$6,709
May 2023239870.622.23$1,028
Apr 2023010578.122.24$235
Mar 2023033672.852.39$804
Feb 2023417275.112.47$725
Jan 2023022276.533.39$752
Dec 202209376.415.73$533
Nov 2022021485.005.65$1,208
Oct 2022019287.185.86$1,126
Sep 2022040984.888.16$3,339
Aug 20220094.529.13$0
Jul 2022013101.587.54$98
Jun 2022014115.097.98$112
May 20220780109.378.43$6,578
Apr 20220474104.226.84$3,241
Mar 20220851108.885.08$4,320
Feb 202201,17991.054.86$5,729
Jan 2022701,27381.844.54$11,505
Dec 202101,40171.323.90$5,463
Nov 202101,56777.435.24$8,206
Oct 202102,03379.795.71$11,616
Sep 2021712,62469.865.35$19,001
Aug 202101,85866.024.22$7,842
Jul 202102,12070.783.98$8,442
Jun 202101,80669.493.38$6,105
May 202103,26663.483.02$9,856
Apr 2021066060.362.76$1,821
Mar 2021792,03061.302.72$10,358
Feb 202101,24157.805.55$6,885
Jan 202102,13450.412.81$5,997
Dec 202001,68944.642.68$4,519
Nov 2020092038.772.71$2,490
Oct 2020032136.972.48$796
Sep 202002437.091.99$48
Aug 2020018239.982.39$434
Jul 202007338.371.83$133
Jun 2020021734.901.69$367
May 202004616.921.81$83
Apr 2020595214.751.80$964
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201948055.302.75$2,654
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201901056.272.46$25
Jun 20190652.782.49$15
May 2019711858.482.74$4,201
Apr 201973562.632.75$4,586
Mar 2019034156.803.06$1,044
Feb 2019080250.852.79$2,239
Jan 201909546.033.23$307
Dec 201801,14946.594.19$4,809
Nov 201801,44752.934.24$6,131
Oct 201801,70461.443.40$5,790
Sep 201801,18459.543.11$3,680
Aug 2018082559.403.07$2,530
Jul 2018561,75165.142.93$8,782
Jun 201802,52560.183.08$7,769
May 201801,99065.382.90$5,773
Apr 201802,14963.842.90$6,234
Mar 201802,28661.222.79$6,371
Feb 201801,42061.782.77$3,928
Jan 201802,14162.874.01$8,584
Dec 2017731,64857.272.92$8,995
Nov 201701,04055.423.12$3,243
Oct 201701,54049.292.98$4,595
Sep 201701,06247.523.09$3,279
Aug 201701,32945.373.00$3,993
Jul 2017064243.873.09$1,982
Jun 20176770942.493.09$5,036
May 201701,24745.373.26$4,069
Apr 201701547.933.21$48
Mar 201705846.772.98$173
Feb 201701,50250.452.95$4,435
Jan 201702,51049.413.42$8,581
Dec 201602,58748.763.72$9,631
Nov 2016731,61242.492.64$7,364
Oct 201602,02546.193.09$6,258
Sep 201602,10241.553.10$6,518
Aug 201602,10741.442.92$6,162
Jul 201602,44141.622.92$7,138
Jun 201602,39145.352.69$6,422
May 2016712,31642.521.99$7,630
Apr 201601,90236.561.99$3,787
Mar 201602,15733.011.79$3,870
Feb 201602,40926.472.06$4,971
Jan 201612,38127.352.36$5,657
Dec 2015721,85532.362.00$6,043
Nov 201501,60538.792.17$3,479
Oct 201502,11143.552.43$5,123
Sep 201501,39042.992.76$3,834
Aug 201502,04440.162.87$5,871
Jul 201501,90748.152.95$5,616
Jun 201501,59656.152.88$4,601
May 201502,23055.212.96$6,591
Apr 2015461,97849.822.71$7,645
Mar 2015711,62642.892.93$7,817
Feb 201511,35444.662.98$4,074
Jan 201511,42243.433.10$4,453
Dec 201401,26554.693.59$4,543
Nov 2014065170.464.25$2,768
Oct 20140278.303.90$8
Sep 2014752286.164.05$6,551
Aug 201414346289.394.04$14,647
Jul 201411,76096.564.18$7,453
Jun 201401,65998.164.74$7,858
May 201402,35694.734.73$11,136
Apr 201402,40395.944.81$11,556
Mar 20141411,46095.895.06$20,903
Feb 201401,36797.406.19$8,464
Jan 201401,95990.404.86$9,522
Dec 201302,04591.824.35$8,905
Nov 201301,98388.853.74$7,413
Oct 201302,06997.423.78$7,820
Sep 201311,550104.113.72$5,867
Aug 201301,990104.253.52$7,010
Jul 201301,621102.523.72$6,026
Jun 201321,76994.403.93$7,147
May 201301,75394.834.15$7,273
Apr 2013722,33793.964.28$16,774
Mar 201301,83393.623.91$7,172
Feb 201301,76291.233.42$6,026
Jan 20131441,87391.603.42$19,596
Dec 201201,83086.773.42$6,259
Nov 201211,92086.953.62$7,047
Oct 2012751,59989.383.40$12,140
Sep 2012741,51994.672.92$11,439
Aug 201211,59392.662.91$4,725
Jul 201211,68385.133.02$5,169
Jun 2012651,68379.822.52$9,428
May 201201,73591.612.49$4,317
Apr 2012731,663101.652.00$10,741
Mar 201201,722105.052.22$3,826
Feb 201211,564101.102.57$4,121
Jan 2012741,84998.092.73$12,314
Dec 201101,74896.873.24$5,663
Nov 201101,35695.723.31$4,490
Oct 201101,86084.983.65$6,786
Sep 2011762,34983.623.99$15,718
Aug 201111,61183.404.15$6,768
Jul 201111,94994.144.52$8,898
Jun 2011701,81592.904.64$14,924
May 2011721,83698.134.40$15,153
Apr 201101,927105.964.33$8,350
Mar 201124,04796.364.06$16,613
Feb 2011622,00385.644.18$13,682
Jan 2011722,31086.504.59$16,828
Dec 2010712,35785.734.35$16,334
Nov 201002,30080.843.80$8,729
Oct 201002,43778.103.51$8,551
Sep 201002,33972.633.98$9,308
Aug 20101332,46873.684.42$20,706
Jul 201012,71272.554.74$12,918
Jun 201002,70470.364.91$13,278
May 2010683,36971.124.24$19,105
Apr 201002,53781.694.12$10,459
Mar 2010733,31178.394.39$20,253
Feb 20101543,38973.585.44$29,775
Jan 201002,61374.365.96$15,584
Dec 2009895,50671.445.48$36,552
Nov 2009885,11874.593.75$25,764
Oct 200905,75572.544.11$23,654
Sep 200905,79565.543.06$17,760
Aug 20091776,65767.423.22$33,359
Jul 200906,95161.133.46$24,082
Jun 2009787,24666.163.90$33,384
May 20091997,55754.743.93$40,560
Apr 200969,85546.773.59$35,635
Mar 200955,97642.144.06$24,467
Feb 200903632.814.63$167

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                  432 Mcf  × $  3.05 =     $1,316

────────────────────────────────────────────────────
Month total                                   $1,316

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/247038 is the state's own key, not one this site invented.