HUGHES GAS UNIT

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the MINDEN (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256442District 06Field 617923802 tax incentive programmesCondensateGasSaveExport
Value, all time
$445 k
Jun 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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 304 leases and 325 wells, and the rule below applies to all of them.

Discovered
2006-03-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 2008-11-12.

The Commission's schedule remark for this field reads: EFF. 11-12-08. ALLOCATION FORMULA REMAINS 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 Gas112010-09-21199262
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
CondensateDisposition64 bbl$3,292
GasProduction123,421 Mcf$441,651
Total$444,944

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 32.0183, -94.6324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01825, -94.63236 · 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
10,400 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 10,400 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-40134034310,400 ftNov 2006

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 (216)

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

216 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023035076.533.39$1,186
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210163.483.02$3
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021025657.805.55$1,420
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001730.341.86$32
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019013953.112.30$320
Jul 2019012956.272.46$317
Jun 2019017052.782.49$424
May 201903158.482.74$85
Apr 201907862.632.75$215
Mar 2019010156.803.06$309
Feb 201902950.852.79$81
Jan 201904446.033.23$142
Dec 201805646.594.19$234
Nov 201806252.934.24$263
Oct 201809361.443.40$316
Sep 201802259.543.11$68
Aug 201804059.403.07$123
Jul 201804865.142.93$141
Jun 201805460.183.08$166
May 201803365.382.90$96
Apr 201808163.842.90$235
Mar 20181813661.222.79$1,481
Feb 201807361.782.77$202
Jan 201804262.874.01$168
Dec 201702557.272.92$73
Nov 201706655.423.12$206
Oct 20170349.292.98$9
Sep 201702647.523.09$80
Aug 2017037445.373.00$1,124
Jul 2017015443.873.09$475
Jun 2017029342.493.09$905
May 2017012845.373.26$418
Apr 20172021147.933.21$1,636
Mar 2017010346.772.98$307
Feb 201708250.452.95$242
Jan 2017026849.413.42$916
Dec 20161347148.763.72$2,387
Nov 2016084242.492.64$2,227
Oct 20161042046.193.09$1,760
Sep 2016067641.553.10$2,096
Aug 2016045841.442.92$1,339
Jul 2016012441.622.92$363
Jun 2016328445.352.69$899
May 201608442.521.99$167
Apr 20160536.561.99$10
Mar 20160133.011.79$2
Feb 2016010326.472.06$213
Jan 201609027.352.36$213
Dec 201509832.362.00$196
Nov 201509838.792.17$212
Oct 2015014143.552.43$342
Sep 2015014842.992.76$408
Aug 2015011340.162.87$325
Jul 2015012248.152.95$359
Jun 2015021056.152.88$605
May 2015021355.212.96$630
Apr 2015023849.822.71$644
Mar 2015018542.892.93$543
Feb 2015012444.662.98$369
Jan 201507943.433.10$245
Dec 2014017654.693.59$632
Nov 2014011470.464.25$485
Oct 2014019478.303.90$757
Sep 2014015286.164.05$615
Aug 2014046589.394.04$1,876
Jul 2014016996.564.18$706
Jun 2014026598.164.74$1,255
May 2014018194.734.73$856
Apr 2014020095.944.81$962
Mar 2014019895.895.06$1,001
Feb 2014013997.406.19$861
Jan 2014042090.404.86$2,042
Dec 2013072691.824.35$3,161
Nov 2013074188.853.74$2,770
Oct 2013063897.423.78$2,411
Sep 20130731104.113.72$2,718
Aug 20130871104.253.52$3,068
Jul 20130823102.523.72$3,060
Jun 2013057694.403.93$2,266
May 2013044494.834.15$1,842
Apr 2013055093.964.28$2,355
Mar 2013071393.623.91$2,790
Feb 2013070291.233.42$2,401
Jan 20130091.603.42$0
Dec 201201,37686.773.42$4,706
Nov 201202,42086.953.62$8,772
Oct 201201,81089.383.40$6,153
Sep 201204,64894.672.92$13,565
Aug 201203,49992.662.91$10,176
Jul 201203,61185.133.02$10,908
Jun 201203,78179.822.52$9,524
May 201204,19291.612.49$10,431
Apr 201203,095101.652.00$6,180
Mar 201202,825105.052.22$6,277
Feb 201203,909101.102.57$10,047
Jan 201203,88498.092.73$10,619
Dec 201104,50096.873.24$14,579
Nov 201104,47495.723.31$14,815
Oct 201104,49584.983.65$16,400
Sep 201103,86183.623.99$15,389
Aug 201104,95183.404.15$20,543
Jul 201105,27494.144.52$23,824
Jun 201105,11792.904.64$23,742
May 201104,05598.134.40$17,862
Apr 201104,931105.964.33$21,367
Mar 201105,81396.364.06$23,585
Feb 201103,80185.644.18$15,888
Jan 201104,17786.504.59$19,167
Dec 201003,92485.734.35$17,061
Nov 201005,66580.843.80$21,501
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
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
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.53 =         $0
Gas                  350 Mcf  × $  3.39 =     $1,186

────────────────────────────────────────────────────
Month total                                   $1,186

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/256442 is the state's own key, not one this site invented.