MAXWELL-TXU

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 286622District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Feb 2019 – May 2026
Value, last 12 filed months
$223 k
at the published price for each month
Months reported
88
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-1112019-12-19225483

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
CondensateDisposition6,110 bbl$352,768
GasProduction2,090,819 Mcf$6,281,117
Total$6,633,885

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 32.0132, -94.7382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01317, -94.73825 · 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
10,853 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 10,853 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-401354281H10,853 ftFeb 2019

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 (88)

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

88 months

May 202601,845106.413.05$5,620
Apr 202604,85098.932.87$13,918
Mar 202603,08289.753.15$9,707
Feb 202604,29363.503.75$16,100
Jan 202605,25559.138.00$42,029
Dec 202526,18456.664.41$27,406
Nov 2025784,60558.593.93$22,651
Oct 202504,72959.383.30$15,629
Sep 2025655,33862.743.08$20,503
Aug 202505,83663.933.01$17,594
Jul 202504,87066.743.32$16,145
Jun 202505,16566.483.13$16,160
May 202595,73660.553.23$19,086
Apr 2025765,40262.363.54$23,879
Mar 202545,31667.704.27$22,961
Feb 202564,08370.884.34$18,149
Jan 202507,08674.324.28$30,319
Dec 202477,07468.993.12$22,564
Nov 202487,22669.052.20$16,438
Oct 202486,34271.372.28$15,040
Sep 202417,27069.612.36$17,259
Aug 2024107,35275.632.06$15,928
Jul 202404,79579.932.15$10,293
Jun 2024106,45278.082.63$17,775
May 202406,83778.812.20$15,031
Apr 2024108,70684.451.66$15,290
Mar 202467,72280.301.55$12,413
Feb 202406,26376.091.78$11,171
Jan 202464,40973.023.30$14,978
Dec 202332,84671.262.61$7,644
Nov 2023206,18977.892.81$18,934
Oct 202396,99485.443.09$22,361
Sep 202307,12389.042.74$19,482
Aug 202306,46180.522.67$17,269
Jul 202357,60274.852.64$20,457
Jun 2023158,44768.962.26$20,112
May 202307,02270.622.23$15,641
Apr 2023638,14878.122.24$23,155
Mar 2023129,42872.852.39$23,437
Feb 2023158,68675.112.47$22,544
Jan 2023149,50676.533.39$33,275
Dec 2022109,81376.415.73$56,984
Nov 2022209,81485.005.65$57,112
Oct 2022010,18087.185.86$59,693
Sep 20225610,40584.888.16$89,696
Aug 20221712,56094.529.13$116,244
Jul 20227412,165101.587.54$99,266
Jun 20221512,378115.097.98$100,468
May 20221413,513109.378.43$115,487
Apr 202212413,608104.226.84$105,969
Mar 20223614,834108.885.08$79,223
Feb 20223411,89691.054.86$60,896
Jan 20221914,77981.844.54$68,617
Dec 20213615,27671.323.90$62,130
Nov 20218616,06577.435.24$90,789
Oct 20211816,77779.795.71$97,298
Sep 20213716,36169.865.35$90,131
Aug 20215919,24566.024.22$85,120
Jul 2021019,50570.783.98$77,670
Jun 202113319,28769.493.38$74,444
May 20213920,67963.483.02$64,878
Apr 20216018,91560.362.76$55,797
Mar 20216621,08961.302.72$61,343
Feb 20212918,20357.805.55$102,666
Jan 2021020,72550.412.81$58,243
Dec 20203923,50244.642.68$64,620
Nov 20204123,46938.772.71$65,110
Oct 20204426,72336.972.48$67,858
Sep 20207827,47837.091.99$57,603
Aug 20202429,74039.982.39$71,892
Jul 2020031,25938.371.83$57,051
Jun 20204432,25134.901.69$56,050
May 20201535,55716.921.81$64,781
Apr 202026337,17714.751.80$70,961
Mar 202011641,47130.341.86$80,499
Feb 202018240,91149.881.98$90,109
Jan 20207246,91657.252.09$102,399
Dec 201926550,24059.012.30$131,409
Nov 20192553,12255.302.75$147,505
Oct 201921160,29053.472.42$157,096
Sep 201931270,04655.052.66$203,307
Aug 201920781,34353.112.30$198,437
Jul 201938688,27656.272.46$238,884
Jun 201939794,77052.782.49$257,045
May 2019396118,42358.482.74$347,675
Apr 2019423135,63562.632.75$399,584
Mar 2019766177,05156.803.06$585,657
Feb 2019360144,52250.852.79$421,843

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                1,845 Mcf  × $  3.05 =     $5,620

────────────────────────────────────────────────────
Month total                                   $5,620

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/286622 is the state's own key, not one this site invented.