TODD GAS UNIT

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286464District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Nov 2018 – May 2026
Value, last 12 filed months
$356 k
at the published price for each month
Months reported
91
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 382 leases and 382 wells, and the rule below applies to all of them.

Discovered
1981-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2014-10-14.

The Commission's schedule remark for this field reads: API NO. 401-34011.

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
NGPA1none
ST-1112019-12-19225480

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
CondensateDisposition4,766 bbl$298,360
GasProduction3,458,304 Mcf$11,175,336
Total$11,473,696

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 32.0988, -94.5830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09881, -94.58297 · 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
10,173 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 10,173 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-365384561H10,173 ftNov 2018

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 (91)

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

91 months

May 202646,892106.413.05$21,418
Apr 202616,63998.932.87$19,151
Mar 202626,48489.753.15$20,600
Feb 202646,96263.503.75$26,364
Jan 202636,98059.138.00$56,003
Dec 202536,99956.664.41$31,059
Nov 202548,22858.593.93$32,541
Oct 2025439,16059.383.30$32,826
Sep 202518,74062.743.08$26,955
Aug 202519,85863.933.01$29,783
Jul 2025458,97166.743.32$32,744
Jun 202508,40266.483.13$26,288
May 2025328,69160.553.23$30,030
Apr 2025259,15562.363.54$33,996
Mar 2025239,84967.704.27$43,596
Feb 2025187,59070.884.34$34,223
Jan 2025308,83374.324.28$40,023
Dec 2024527,84968.993.12$28,087
Nov 2024259,81169.052.20$23,295
Oct 20242711,26371.372.28$27,622
Sep 20242512,11269.612.36$30,377
Aug 20242712,76375.632.06$28,380
Jul 20246714,38879.932.15$36,240
Jun 20242110,91478.082.63$30,387
May 20242815,04078.812.20$35,271
Apr 20242114,90984.451.66$26,510
Mar 20242113,94180.301.55$23,227
Feb 20242214,26476.091.78$27,116
Jan 20243716,34073.023.30$56,586
Dec 20232318,45771.262.61$49,825
Nov 20232115,92877.892.81$46,355
Oct 20231212,34485.443.09$39,135
Sep 202311,13889.042.74$3,202
Aug 20231080.522.67$81
Jul 20232074.852.64$150
Jun 202317068.962.26$1,172
May 202394,13470.622.23$9,844
Apr 202311210,48478.122.24$32,210
Mar 20233716,55572.852.39$42,314
Feb 20232010,86075.112.47$28,279
Jan 20233417,93776.533.39$63,368
Dec 202214118,94476.415.73$119,306
Nov 20222718,61385.005.65$107,388
Oct 20224322,69187.185.86$136,803
Sep 20224317,05284.888.16$142,857
Aug 20224819,08294.529.13$178,701
Jul 20223714,056101.587.54$109,770
Jun 20224516,263115.097.98$134,912
May 202213220,260109.378.43$185,290
Apr 20223916,773104.226.84$118,752
Mar 20222613,874108.885.08$73,261
Feb 20228110,62091.054.86$58,976
Jan 20221311,69081.844.54$54,109
Dec 20211314,01171.323.90$55,558
Nov 20212615,27777.435.24$82,017
Oct 20219919,71179.795.71$120,525
Sep 202117721,80969.865.35$129,063
Aug 20215522,24766.024.22$97,527
Jul 20218723,20070.783.98$98,542
Jun 20219423,69469.493.38$86,632
May 20212124,42863.483.02$75,049
Apr 202110224,73760.362.76$74,392
Mar 20213927,35961.302.72$76,723
Feb 202112521,59557.805.55$127,033
Jan 202129429,83050.412.81$98,651
Dec 202018028,48644.642.68$84,248
Nov 20201727,98338.772.71$76,397
Oct 20209833,97836.972.48$87,835
Sep 20202935,85337.091.99$72,460
Aug 202011739,31739.982.39$98,453
Jul 20202740,93438.371.83$75,745
Jun 20205342,72234.901.69$74,063
May 20208945,01716.921.81$83,200
Apr 20204749,18614.751.80$89,443
Mar 202010249,82030.341.86$95,572
Feb 2020753,71949.881.98$106,749
Jan 202012763,39557.252.09$140,067
Dec 20196465,52759.012.30$154,774
Nov 20194071,52955.302.75$198,967
Oct 201916483,09053.472.42$209,726
Sep 20192192,51155.052.66$246,984
Aug 2019149105,83853.112.30$251,802
Jul 201946126,26556.272.46$313,208
Jun 201916750,35352.782.49$134,254
May 2019141140,83858.482.74$394,187
Apr 201917150,44862.632.75$414,902
Mar 2019155175,74456.803.06$546,950
Feb 2019179193,31250.852.79$548,872
Jan 20195268,30346.033.23$866,361
Dec 201811360,22146.594.19$1,508,196
Nov 20186196,23552.934.24$831,812

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             4 bbl  × $106.41 =       $426
Gas                6,892 Mcf  × $  3.05 =    $20,992

────────────────────────────────────────────────────
Month total                                  $21,418

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/286464 is the state's own key, not one this site invented.