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 254839District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Dec 2009 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
198
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 Gas112010-03-18197649
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
CondensateDisposition1 bbl$49
GasProduction783,695 Mcf$2,904,509
Total$2,904,558

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 32.4063, -94.5614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40633, -94.56138 · 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
10,518 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 10,518 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-203346431010,518 ftDec 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 (198)

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

198 months

May 202601,727106.413.05$5,260
Apr 202601,63098.932.87$4,678
Mar 202601,65089.753.15$5,197
Feb 202601,68063.503.75$6,301
Jan 202601,40059.138.00$11,197
Dec 202501,21856.664.41$5,375
Nov 202501,93258.593.93$7,586
Oct 202501,87559.383.30$6,197
Sep 202501,44562.743.08$4,446
Aug 202502,07563.933.01$6,256
Jul 202502,20466.743.32$7,307
Jun 202501,69666.483.13$5,306
May 202501,83160.553.23$5,918
Apr 202501,38662.363.54$4,911
Mar 202501,99567.704.27$8,515
Feb 2025067570.884.34$2,930
Jan 2025075974.324.28$3,248
Dec 202401,20268.993.12$3,752
Nov 202401,28569.052.20$2,825
Oct 2024049371.372.28$1,125
Sep 2024085269.612.36$2,014
Aug 202402,07475.632.06$4,280
Jul 202401,58779.932.15$3,407
Jun 202401,11878.082.63$2,945
May 202401,58178.812.20$3,476
Apr 202401,70284.451.66$2,824
Mar 202401,54980.301.55$2,393
Feb 202402,70376.091.78$4,821
Jan 202401,18673.023.30$3,911
Dec 202301,44171.262.61$3,762
Nov 202301,57677.892.81$4,425
Oct 202301,51585.443.09$4,677
Sep 202301,85289.042.74$5,065
Aug 202302,29080.522.67$6,121
Jul 202301,69074.852.64$4,465
Jun 202301,61168.962.26$3,638
May 202301,57970.622.23$3,517
Apr 202301,32378.122.24$2,961
Mar 202302,20572.852.39$5,277
Feb 202301,73475.112.47$4,275
Jan 202301,16076.533.39$3,930
Dec 2022068076.415.73$3,896
Nov 202201,35985.005.65$7,673
Oct 202201,50587.185.86$8,825
Sep 202201,42984.888.16$11,666
Aug 202201,44294.529.13$13,161
Jul 202201,267101.587.54$9,556
Jun 202202,273115.097.98$18,132
May 202201,026109.378.43$8,652
Apr 202202,381104.226.84$16,280
Mar 202201,589108.885.08$8,066
Feb 202201,85591.054.86$9,013
Jan 202201,46281.844.54$6,634
Dec 202101,83171.323.90$7,139
Nov 202101,93177.435.24$10,112
Oct 202102,03679.795.71$11,633
Sep 202102,37169.865.35$12,687
Aug 202102,46366.024.22$10,395
Jul 202102,54270.783.98$10,122
Jun 202102,06269.493.38$6,971
May 202102,74363.483.02$8,277
Apr 202102,65360.362.76$7,318
Mar 202102,86561.302.72$7,784
Feb 202102,05857.805.55$11,418
Jan 202102,48550.412.81$6,984
Dec 202002,68744.642.68$7,189
Nov 202002,69238.772.71$7,286
Oct 202002,66936.972.48$6,615
Sep 202002,61037.091.99$5,197
Aug 202002,78339.982.39$6,638
Jul 202002,03138.371.83$3,707
Jun 202002,68134.901.69$4,532
May 202002,82016.921.81$5,118
Apr 202002,83114.751.80$5,108
Mar 202003,13230.341.86$5,814
Feb 202002,77449.881.98$5,494
Jan 202002,75257.252.09$5,765
Dec 201902,73759.012.30$6,307
Nov 201902,75355.302.75$7,573
Oct 201902,84353.472.42$6,876
Sep 201902,86655.052.66$7,616
Aug 201902,66553.112.30$6,141
Jul 201902,99956.272.46$7,378
Jun 201902,94152.782.49$7,327
May 201903,01258.482.74$8,254
Apr 201902,82562.632.75$7,771
Mar 201902,60656.803.06$7,980
Feb 201902,25950.852.79$6,308
Jan 201902,49946.033.23$8,067
Dec 201802,71646.594.19$11,368
Nov 201802,78252.934.24$11,788
Oct 201802,73661.443.40$9,297
Sep 201802,40959.543.11$7,487
Aug 201802,89759.403.07$8,884
Jul 201803,00565.142.93$8,810
Jun 201802,97160.183.08$9,142
May 201802,85365.382.90$8,276
Apr 201803,14763.842.90$9,129
Mar 201803,31061.222.79$9,224
Feb 201802,70261.782.77$7,474
Jan 201802,51062.874.01$10,063
Dec 201703,23157.272.92$9,439
Nov 201703,16755.423.12$9,876
Oct 201703,34349.292.98$9,974
Sep 201703,22747.523.09$9,963
Aug 201703,64945.373.00$10,963
Jul 201703,60043.873.09$11,114
Jun 201703,45942.493.09$10,679
May 201702,14945.373.26$7,013
Apr 201703,12447.933.21$10,033
Mar 201703,54446.772.98$10,574
Feb 201703,40750.452.95$10,060
Jan 201702,29949.413.42$7,860
Dec 201612,10048.763.72$7,867
Nov 201603,19942.492.64$8,459
Oct 201603,71546.193.09$11,480
Sep 201602,24841.553.10$6,970
Aug 201602,30041.442.92$6,726
Jul 201602,32741.622.92$6,805
Jun 201602,41545.352.69$6,486
May 201603,03142.521.99$6,035
Apr 201603,50936.561.99$6,987
Mar 201603,65833.011.79$6,562
Feb 201603,19326.472.06$6,589
Jan 201602,69827.352.36$6,379
Dec 201503,75832.362.00$7,521
Nov 201503,77438.792.17$8,180
Oct 201504,04143.552.43$9,806
Sep 201504,08842.992.76$11,276
Aug 201504,04740.162.87$11,625
Jul 201501,44548.152.95$4,256
Jun 201501,66556.152.88$4,800
May 201504,01255.212.96$11,857
Apr 201504,01549.822.71$10,867
Mar 201504,17742.892.93$12,258
Feb 201503,85844.662.98$11,482
Jan 201504,38443.433.10$13,593
Dec 201404,42554.693.59$15,892
Nov 201404,33670.464.25$18,436
Oct 201403,97878.303.90$15,518
Sep 201404,36586.164.05$17,658
Aug 201404,55189.394.04$18,364
Jul 201403,35296.564.18$14,010
Jun 201404,17898.164.74$19,791
May 201404,66294.734.73$22,035
Apr 201404,00995.944.81$19,280
Mar 201404,35695.895.06$22,027
Feb 201404,55897.406.19$28,223
Jan 201405,04890.404.86$24,537
Dec 201304,62891.824.35$20,153
Nov 201304,64288.853.74$17,353
Oct 201305,34097.423.78$20,182
Sep 201305,396104.113.72$20,061
Aug 201305,105104.253.52$17,983
Jul 201305,129102.523.72$19,068
Jun 201305,36494.403.93$21,099
May 201305,53094.834.15$22,944
Apr 201305,46693.964.28$23,409
Mar 201305,36893.623.91$21,004
Feb 201304,98591.233.42$17,048
Jan 201305,53491.603.42$18,926
Dec 201205,51686.773.42$18,866
Nov 201205,41286.953.62$19,618
Oct 201205,66389.383.40$19,252
Sep 201205,54094.672.92$16,168
Aug 201205,83692.662.91$16,972
Jul 201205,97985.133.02$18,061
Jun 201205,96379.822.52$15,021
May 201206,30391.612.49$15,684
Apr 201206,296101.652.00$12,572
Mar 201206,884105.052.22$15,297
Feb 201206,567101.102.57$16,879
Jan 201207,22298.092.73$19,746
Dec 201107,34296.873.24$23,786
Nov 201107,18495.723.31$23,788
Oct 201107,73584.983.65$28,221
Sep 201107,51283.623.99$29,941
Aug 201107,92783.404.15$32,892
Jul 201107,49994.144.52$33,875
Jun 201107,51192.904.64$34,850
May 201108,06998.134.40$35,542
Apr 201107,922105.964.33$34,328
Mar 201108,36596.364.06$33,940
Feb 201107,59585.644.18$31,747
Jan 201109,64086.504.59$44,236
Dec 2010010,37385.734.35$45,099
Nov 2010010,86680.843.80$41,240
Oct 2010012,21178.103.51$42,847
Sep 2010011,44872.633.98$45,557
Aug 201009,81473.684.42$43,372
Jul 2010011,19872.554.74$53,039
Jun 2010012,11470.364.91$59,485
May 2010012,37971.124.24$52,428
Apr 2010013,81081.694.12$56,934
Mar 2010016,93578.394.39$74,322
Feb 2010024,26773.585.44$132,070
Jan 2010027,46374.365.96$163,792
Dec 200902,87571.445.48$15,766

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                1,727 Mcf  × $  3.05 =     $5,260

────────────────────────────────────────────────────
Month total                                   $5,260

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/254839 is the state's own key, not one this site invented.