LETOURNEAU GU 1

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 254686District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$2.1 M
Mar 2009 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
207
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 Gas112010-03-10197522
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
GasProduction556,581 Mcf$2,067,506
Total$2,067,506

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 32.4114, -94.5589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41140, -94.55887 · 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
10,530 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 10,530 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-20334555910,530 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 (207)

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

207 months

May 20261,525106.413.05$4,645
Apr 20261,56298.932.87$4,483
Mar 20261,64589.753.15$5,181
Feb 20261,31763.503.75$4,939
Jan 202658359.138.00$4,663
Dec 202549356.664.41$2,176
Nov 20251258.593.93$47
Oct 2025059.383.30$0
Sep 2025562.743.08$15
Aug 202517363.933.01$522
Jul 202595766.743.32$3,173
Jun 20251,23166.483.13$3,851
May 202593060.553.23$3,006
Apr 202587562.363.54$3,100
Mar 20251,05567.704.27$4,503
Feb 202567770.884.34$2,939
Jan 202571274.324.28$3,046
Dec 202474568.993.12$2,325
Nov 20241,06669.052.20$2,344
Oct 202489471.372.28$2,040
Sep 202479369.612.36$1,875
Aug 202441475.632.06$854
Jul 20241,69579.932.15$3,638
Jun 20242,28078.082.63$6,005
May 20242,61178.812.20$5,740
Apr 20242,64884.451.66$4,394
Mar 20241,71280.301.55$2,645
Feb 202468076.091.78$1,213
Jan 202482173.023.30$2,707
Dec 202385371.262.61$2,227
Nov 202386077.892.81$2,415
Oct 202394385.443.09$2,911
Sep 202362789.042.74$1,715
Aug 202343480.522.67$1,160
Jul 202327674.852.64$729
Jun 202319968.962.26$449
May 202319070.622.23$423
Apr 202315578.122.24$347
Mar 202325472.852.39$608
Feb 202342575.112.47$1,048
Jan 202322276.533.39$752
Dec 20229176.415.73$521
Nov 202227085.005.65$1,524
Oct 202272287.185.86$4,234
Sep 202219784.888.16$1,608
Aug 20226494.529.13$584
Jul 202230101.587.54$226
Jun 202234115.097.98$271
May 2022112109.378.43$945
Apr 2022393104.226.84$2,687
Mar 2022222108.885.08$1,127
Feb 202218791.054.86$909
Jan 202217281.844.54$780
Dec 202116471.323.90$639
Nov 20211,48977.435.24$7,798
Oct 20211,50379.795.71$8,588
Sep 20211,69969.865.35$9,091
Aug 20214666.024.22$194
Jul 20211,43070.783.98$5,694
Jun 20211,78869.493.38$6,045
May 20211,84463.483.02$5,565
Apr 20211,88160.362.76$5,189
Mar 20211,89161.302.72$5,138
Feb 20211,46557.805.55$8,128
Jan 20211,67650.412.81$4,710
Dec 20201,36444.642.68$3,649
Nov 20201,71838.772.71$4,650
Oct 20201,83636.972.48$4,550
Sep 20201,76537.091.99$3,514
Aug 20201,38239.982.39$3,296
Jul 20201,38338.371.83$2,524
Jun 20201,91734.901.69$3,240
May 20202,13016.921.81$3,865
Apr 20202,23714.751.80$4,036
Mar 20202,02330.341.86$3,755
Feb 20201,35349.881.98$2,680
Jan 20201,73157.252.09$3,626
Dec 20191,76459.012.30$4,065
Nov 20191,82655.302.75$5,023
Oct 20191,89053.472.42$4,571
Sep 20192,08455.052.66$5,538
Aug 20191,58653.112.30$3,655
Jul 201979456.272.46$1,953
Jun 20191,18352.782.49$2,947
May 20191,50158.482.74$4,113
Apr 20191,96262.632.75$5,397
Mar 20191,90056.803.06$5,818
Feb 20191,18650.852.79$3,312
Jan 20192,38546.033.23$7,699
Dec 20181,88646.594.19$7,894
Nov 20182,51852.934.24$10,669
Oct 20182,33261.443.40$7,924
Sep 20182,33659.543.11$7,260
Aug 20182,44959.403.07$7,510
Jul 20182,42165.142.93$7,098
Jun 20182,37760.183.08$7,314
May 20182,58565.382.90$7,499
Apr 20182,50263.842.90$7,258
Mar 20182,65261.222.79$7,391
Feb 20182,42361.782.77$6,702
Jan 20182,64962.874.01$10,621
Dec 20172,67557.272.92$7,815
Nov 20172,68055.423.12$8,357
Oct 20172,88249.292.98$8,599
Sep 20172,90047.523.09$8,953
Aug 20173,23545.373.00$9,719
Jul 20173,03643.873.09$9,373
Jun 20172,57442.493.09$7,947
May 201747745.373.26$1,557
Apr 201796547.933.21$3,099
Mar 20171,47146.772.98$4,389
Feb 20171,71650.452.95$5,067
Jan 20171,24949.413.42$4,270
Dec 201690148.763.72$3,354
Nov 201678842.492.64$2,084
Oct 201698646.193.09$3,047
Sep 201691141.553.10$2,825
Aug 20162,26841.442.92$6,632
Jul 20161,63741.622.92$4,787
Jun 20162,05845.352.69$5,527
May 20161,80842.521.99$3,600
Apr 20162,65636.561.99$5,288
Mar 20168033.011.79$144
Feb 20162,08526.472.06$4,303
Jan 20162,05227.352.36$4,852
Dec 20151,95332.362.00$3,909
Nov 20152,89638.792.17$6,277
Oct 20152,63243.552.43$6,387
Sep 20153,49842.992.76$9,649
Aug 20153,14540.162.87$9,034
Jul 20154,07648.152.95$12,004
Jun 20151,11556.152.88$3,214
May 20153,85455.212.96$11,390
Apr 20154,03649.822.71$10,924
Mar 20152,58442.892.93$7,583
Feb 20152,27244.662.98$6,762
Jan 20152,17343.433.10$6,738
Dec 20141,98554.693.59$7,129
Nov 20142,61470.464.25$11,114
Oct 20143,97678.303.90$15,510
Sep 20144,62686.164.05$18,714
Aug 20143,97289.394.04$16,028
Jul 20142,68396.564.18$11,214
Jun 20142,96198.164.74$14,026
May 20142,77894.734.73$13,130
Apr 20142,04595.944.81$9,835
Mar 20141,55695.895.06$7,868
Feb 20142,32697.406.19$14,403
Jan 20142,23190.404.86$10,844
Dec 20132,15491.824.35$9,380
Nov 20132,43188.853.74$9,088
Oct 20133,06097.423.78$11,565
Sep 20133,258104.113.72$12,112
Aug 20133,524104.253.52$12,414
Jul 20134,357102.523.72$16,198
Jun 20133,22994.403.93$12,701
May 20133,41494.834.15$14,165
Apr 20133,46593.964.28$14,839
Mar 20133,80093.623.91$14,869
Feb 20133,37091.233.42$11,525
Jan 20133,95291.603.42$13,515
Dec 20123,59986.773.42$12,309
Nov 20124,28286.953.62$15,522
Oct 20124,67789.383.40$15,900
Sep 20124,06394.672.92$11,857
Aug 20123,97092.662.91$11,545
Jul 20123,79385.133.02$11,458
Jun 20124,01179.822.52$10,104
May 20123,99391.612.49$9,936
Apr 20124,973101.652.00$9,930
Mar 20125,177105.052.22$11,504
Feb 20125,042101.102.57$12,959
Jan 20125,52698.092.73$15,109
Dec 20115,54996.873.24$17,977
Nov 20115,48295.723.31$18,152
Oct 20114,95084.983.65$18,060
Sep 20115,42983.623.99$21,639
Aug 20115,49183.404.15$22,784
Jul 20115,66894.144.52$25,604
Jun 20115,67092.904.64$26,308
May 20116,34298.134.40$27,935
Apr 20116,477105.964.33$28,067
Mar 20117,26596.364.06$29,477
Feb 20116,86485.644.18$28,691
Jan 20118,04386.504.59$36,908
Dec 20108,66385.734.35$37,665
Nov 20109,51080.843.80$36,094
Oct 201010,71278.103.51$37,587
Sep 201011,48072.633.98$45,684
Aug 20108,36873.684.42$36,981
Jul 20107,55672.554.74$35,789
Jun 201010,82970.364.91$53,175
May 201011,19171.124.24$47,396
Apr 201012,20281.694.12$50,305
Mar 201014,13878.394.39$62,047
Feb 201018,98373.585.44$103,312
Jan 201025,51174.365.96$152,150
Dec 20094,06271.445.48$22,275
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$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.

May 2026 — as filed, then multipliedworked
Gas                1,525 Mcf  × $  3.05 =     $4,645

────────────────────────────────────────────────────
Month total                                   $4,645

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/254686 is the state's own key, not one this site invented.