PRIMOS, RICHARD

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

Gas lease lease 253201District 06Field 075270932 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 2009 – Apr 2021
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
146
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 147 leases and 147 wells, and the rule below applies to all of them.

Discovered
1969-10-01
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 0 acres. The field rule took effect on 2011-03-08.

The Commission's schedule remark for this field reads: SUSPENDED.

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 Gas112010-01-21196321
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
CondensateDisposition2,832 bbl$218,492
GasProduction482,755 Mcf$1,993,298
Total$2,211,790

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 32.5040, -94.1553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50402, -94.15532 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,000 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
1100.0%
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.
00.0%

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 13,000 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-20334770113,000 ftJan 2021Yes

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 (146)

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

146 months

Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202172050.412.81$3,630
Dec 202008844.642.68$235
Nov 202008138.772.71$219
Oct 202007336.972.48$181
Sep 202008237.091.99$163
Aug 202006039.982.39$143
Jul 202007038.371.83$128
Jun 2020010434.901.69$176
May 2020013116.921.81$238
Apr 2020014114.751.80$254
Mar 2020017530.341.86$325
Feb 2020017849.881.98$353
Jan 2020029257.252.09$612
Dec 2019439759.012.30$1,151
Nov 2019537955.302.75$1,319
Oct 201924753.472.42$221
Sep 2019012255.052.66$324
Aug 2019018553.112.30$426
Jul 2019024156.272.46$593
Jun 201914221452.782.49$8,028
May 2019023358.482.74$638
Apr 2019024362.632.75$668
Mar 2019029956.803.06$916
Feb 2019028650.852.79$799
Jan 2019027146.033.23$875
Dec 2018027446.594.19$1,147
Nov 2018054452.934.24$2,305
Oct 2018058661.443.40$1,991
Sep 2018075059.543.11$2,331
Aug 2018065859.403.07$2,018
Jul 2018071165.142.93$2,085
Jun 2018167660.183.08$2,140
May 2018071065.382.90$2,060
Apr 2018060363.842.90$1,749
Mar 2018057461.222.79$1,600
Feb 2018052861.782.77$1,461
Jan 2018076262.874.01$3,055
Dec 2017158957.272.92$1,778
Nov 2017073655.423.12$2,295
Oct 2017072649.292.98$2,166
Sep 2017067447.523.09$2,081
Aug 2017079045.373.00$2,373
Jul 2017084243.873.09$2,599
Jun 2017197442.493.09$3,050
May 2017057545.373.26$1,876
Apr 2017093147.933.21$2,990
Mar 201701,00046.772.98$2,984
Feb 2017043850.452.95$1,293
Jan 201701,17149.413.42$4,003
Dec 2016056948.763.72$2,118
Nov 2016183342.492.64$2,245
Oct 201601,11146.193.09$3,433
Sep 2016169441.553.10$2,193
Aug 201601,18441.442.92$3,462
Jul 2016179641.622.92$2,369
Jun 201621,03345.352.69$2,865
May 201611,21542.521.99$2,462
Apr 201601,25036.561.99$2,489
Mar 201621,25033.011.79$2,309
Feb 201611,27826.472.06$2,664
Jan 201611,54727.352.36$3,685
Dec 201522,01932.362.00$4,106
Nov 201532,44238.792.17$5,409
Oct 201511,59743.552.43$3,919
Sep 201511,77742.992.76$4,945
Aug 201511,70740.162.87$4,944
Jul 201501,77248.152.95$5,219
Jun 201511,69356.152.88$4,937
May 201501,78555.212.96$5,275
Apr 20151811,76949.822.71$13,805
Mar 201501,88942.892.93$5,544
Feb 201501,67744.662.98$4,991
Jan 201501,96243.433.10$6,083
Dec 201401,97554.693.59$7,093
Nov 201411,95170.464.25$8,366
Oct 201402,05678.303.90$8,020
Sep 201412,00386.164.05$8,189
Aug 201402,03489.394.04$8,207
Jul 201412,18796.564.18$9,237
Jun 201412,16498.164.74$10,349
May 20140094.734.73$0
Apr 201412,25995.944.81$10,960
Mar 201412,39595.895.06$12,207
Feb 201422,15897.406.19$13,557
Jan 201412,41390.404.86$11,819
Dec 201312,52691.824.35$11,091
Nov 201312,48788.853.74$9,386
Oct 201312,62697.423.78$10,022
Sep 201312,601104.113.72$9,774
Aug 201312,771104.253.52$9,865
Jul 20131762,825102.523.72$28,546
Jun 201312,88294.403.93$11,430
May 201332,93294.834.15$12,450
Apr 201333,05893.964.28$13,378
Mar 201303,25493.623.91$12,732
Feb 201313,03091.233.42$10,454
Jan 201323,66191.603.42$12,703
Dec 201223,89486.773.42$13,492
Nov 20123386.953.62$272
Oct 201254,24589.383.40$14,879
Sep 201222,74594.672.92$8,200
Aug 201234,78992.662.91$14,205
Jul 201234,88885.133.02$15,021
Jun 20121894,97379.822.52$27,613
May 201235,12591.612.49$13,027
Apr 201215,150101.652.00$10,385
Mar 201225,692105.052.22$12,858
Feb 201215,277101.102.57$13,664
Jan 201205,91998.092.73$16,183
Dec 20111816,30596.873.24$37,960
Nov 201125,47295.723.31$18,311
Oct 201107,36484.983.65$26,868
Sep 201137,35583.623.99$29,566
Aug 201107,79383.404.15$32,336
Jul 20111777,94994.144.52$52,570
Jun 201128,00792.904.64$37,337
May 201118,60298.134.40$37,988
Apr 201128,598105.964.33$37,469
Mar 201169,45296.364.06$38,928
Feb 20111998,21185.644.18$51,364
Jan 2011310,01286.504.59$46,202
Dec 2010108,64885.734.35$38,457
Nov 20101848,13180.843.80$45,734
Oct 2010611,62978.103.51$41,273
Sep 2010011,90472.633.98$47,372
Aug 201017613,18873.684.42$71,250
Jul 20101713,96972.554.74$67,397
Jun 201023013,86970.364.91$84,285
May 2010013,19571.124.24$55,884
Apr 201018013,90081.694.12$72,010
Mar 20103416,70878.394.39$75,991
Feb 201020018,29573.585.44$114,284
Jan 201018528,23074.365.96$182,123
Dec 200919242,88971.445.48$248,909
Nov 200906,06974.593.75$22,768
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0

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.

Jan 2021 — as filed, then multipliedworked
Condensate            72 bbl  × $ 50.41 =     $3,630
Gas                    0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,630

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/253201 is the state's own key, not one this site invented.