LUCY GAS UNIT

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

Gas lease lease 266916District 06Field 520020502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jan 2012 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
173
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 54 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-12-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-04-23.

The Commission's schedule remark for this field reads: PERTAINING TO PERMITTING.

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 Gas112014-03-22212726
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
CondensateDisposition38,246 bbl$3,065,631
GasProduction624,352 Mcf$2,268,933
Total$5,334,564

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 32.6514, -94.7254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65143, -94.72545 · 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
10,810 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 10,810 ft.

Completions filed
Sep 2020
1 of 1 wells

1 well

42-183321291H10,810 ftSep 2020

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 (173)

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

173 months

May 202601,689106.413.05$5,144
Apr 20263401,76698.932.87$38,704
Mar 202601,59489.753.15$5,020
Feb 20261721,52263.503.75$16,630
Jan 202601,84459.138.00$14,748
Dec 20251711,69456.664.41$17,165
Nov 202501,50758.593.93$5,917
Oct 20251801,55259.383.30$15,818
Sep 202501,49062.743.08$4,585
Aug 20251571,14763.933.01$13,495
Jul 2025075866.743.32$2,513
Jun 20250066.483.13$0
May 20250760.553.23$23
Apr 2025057162.363.54$2,023
Mar 20251721,62867.704.27$18,593
Feb 202501,74770.884.34$7,583
Jan 202501,78474.324.28$7,633
Dec 20241591,08068.993.12$14,340
Nov 202402,25669.052.20$4,960
Oct 20241722,09971.372.28$17,064
Sep 20241692,81769.612.36$18,424
Aug 20241762,88675.632.06$19,267
Jul 202402,90279.932.15$6,229
Jun 20241752,38278.082.63$19,938
May 20241712,88878.812.20$19,826
Apr 20241712,41884.451.66$18,453
Mar 20241722,14580.301.55$17,126
Feb 20241782,12576.091.78$17,334
Jan 202402,27373.023.30$7,496
Dec 20231712,00971.262.61$17,430
Nov 202301,88077.892.81$5,278
Oct 20231572,00685.443.09$19,607
Sep 20231712,10989.042.74$20,994
Aug 20231772,21180.522.67$20,162
Jul 20231872,72774.852.64$21,201
Jun 202302,52368.962.26$5,698
May 20231702,55070.622.23$17,685
Apr 20231732,25478.122.24$18,559
Mar 20231712,49072.852.39$18,416
Feb 20231802,23875.112.47$19,038
Jan 20231833,11476.533.39$24,554
Dec 20221792,82376.415.73$29,851
Nov 20221782,89085.005.65$31,448
Oct 20221703,30287.185.86$34,183
Sep 20221772,88884.888.16$38,600
Aug 20221742,76694.529.13$41,692
Jul 20221752,890101.587.54$39,573
Jun 20221783,218115.097.98$46,157
May 20221702,546109.378.43$40,063
Apr 20221792,131104.226.84$33,226
Mar 20223132,264108.885.08$45,572
Feb 202202,00891.054.86$9,757
Jan 20221662,45581.844.54$24,725
Dec 20211682,57471.323.90$22,018
Nov 20211812,66777.435.24$27,982
Oct 20211763,26279.795.71$32,682
Sep 20211732,11769.865.35$23,414
Aug 20211752,45866.024.22$21,928
Jul 20211713,24470.783.98$25,021
Jun 20211732,97569.493.38$22,079
May 20211742,97763.483.02$20,029
Apr 20211754,01160.362.76$21,627
Mar 20211662,58161.302.72$17,188
Feb 20211741,36857.805.55$17,647
Jan 20211591,98550.412.81$13,594
Dec 20201782,13744.642.68$13,663
Nov 20203172,52638.772.71$19,127
Oct 20201674,48636.972.48$17,292
Sep 20201804,48037.091.99$15,596
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 20200030.341.86$0
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 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019073150.852.79$2,041
Jan 2019075446.033.23$2,434
Dec 20180046.594.19$0
Nov 2018099952.934.24$4,233
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018061865.142.93$1,812
Jun 20181360.183.08$69
May 2018011065.382.90$319
Apr 2018188163.842.90$12,005
Mar 2018016461.222.79$457
Feb 20180061.782.77$0
Jan 2018033762.874.01$1,351
Dec 201703857.272.92$111
Nov 201751155.423.12$311
Oct 201751,19549.292.98$3,812
Sep 2017066247.523.09$2,044
Aug 20171831,39645.373.00$12,497
Jul 201732043.873.09$193
Jun 201714331242.493.09$7,039
May 201701,52945.373.26$4,990
Apr 20171953,97947.933.21$22,125
Mar 20173853,98546.772.98$29,896
Feb 20171913,16250.452.95$18,972
Jan 20171742,89849.413.42$18,505
Dec 201662,66748.763.72$10,221
Nov 20161752,25842.492.64$13,407
Oct 20161863,27046.193.09$18,696
Sep 20161833,66741.553.10$18,974
Aug 20161953,62941.442.92$18,693
Jul 2016112,63941.622.92$8,175
Jun 20161952,97545.352.69$16,834
May 20161863,27742.521.99$14,433
Apr 20161913,72236.561.99$14,394
Mar 20161872,05433.011.79$9,858
Feb 20161913,57326.472.06$12,429
Jan 20161943,51427.352.36$13,614
Dec 20152084,35132.362.00$15,439
Nov 20152063,00838.792.17$14,510
Oct 20152144,31843.552.43$19,798
Sep 20152064,23542.992.76$20,538
Aug 20152144,02940.162.87$20,168
Jul 20152063,94248.152.95$21,528
Jun 20151894,31356.152.88$23,046
May 20152174,26355.212.96$24,580
Apr 20152263,89349.822.71$21,796
Mar 20153843,25442.892.93$26,019
Feb 2015362,89944.662.98$10,236
Jan 20152083,27343.433.10$19,182
Dec 20141884,53154.693.59$26,554
Nov 20143894,19770.464.25$45,254
Oct 20142415,80578.303.90$41,515
Sep 20144045,57286.164.05$57,350
Aug 20143935,89789.394.04$58,925
Jul 20143846,85896.564.18$65,743
Jun 20144107,18798.164.74$74,290
May 20144318,53294.734.73$81,156
Apr 20144125,68195.944.81$66,848
Mar 20142386,60895.895.06$56,237
Feb 20143946,81597.406.19$80,574
Jan 20145897,18890.404.86$88,184
Dec 20134116,92591.824.35$67,893
Nov 20135809,90188.853.74$88,546
Oct 201360010,15097.423.78$96,813
Sep 20137458,557104.113.72$109,375
Aug 201358510,111104.253.52$96,603
Jul 201377111,083102.523.72$120,247
Jun 201396311,73394.403.93$137,058
May 201394713,24494.834.15$144,754
Apr 201376810,18693.964.28$115,784
Mar 20131,08511,89093.623.91$148,102
Feb 20131,19212,87591.233.42$152,778
Jan 20131,15516,57191.603.42$162,469
Dec 20121,57423,51386.773.42$216,994
Nov 20123,07851,28586.953.62$453,538
Oct 20122,99965,13989.383.40$489,502
Sep 2012031094.672.92$905
Aug 20121931,44492.662.91$22,083
Jul 201261,46285.133.02$4,927
Jun 20122021,55779.822.52$20,046
May 201241,93391.612.49$5,176
Apr 20123732,457101.652.00$42,822
Mar 20121891,911105.052.22$24,101
Feb 2012252,606101.102.57$9,226
Jan 20120098.092.73$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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,689 Mcf  × $  3.05 =     $5,144

────────────────────────────────────────────────────
Month total                                   $5,144

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/266916 is the state's own key, not one this site invented.