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BUDDY

Operated by MONTARE OPERATING, LTD. (P-5 577015) in the NEUHOFF (TP CV CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 287117District 06Field 650114502 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.6 M
Dec 2018 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
condensate, gas

The NEUHOFF (TP CV CONS.) field

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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
2019-08-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2019-08-20.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/2021.”

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-1112024-05-30234245

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
CondensateDisposition114,120 bbl$7,496,219
GasProduction3,116,801 Mcf$11,067,513
Total$18,563,732

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 32.7127, -95.3665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.71275, -95.36652 · 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
13,500 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 13,500 ft.

Completions filed
Nov 2025
1 of 1 wells

1 well

42-49931981113,500 ftNov 2025——

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.

Leases whose centres are nearest (51)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
VICKERY, W. N.BLACKWELL EXP & DEVELOPMENT, LLC0.12 mi
VICKERY, W. N.MONTARE OPERATING, LTD.0.12 mi
BUDDYMONTARE OPERATING, LTD.0.19 mi
HCMMONTARE OPERATING, LTD.0.21 mi
NEUHOFF (BUDA-WOODBINE) UNITMONTARE OPERATING, LTD.0.24 mi
LINDLEY, DAVID T.ENERGY PRODUCTION CORPORATION0.32 mi
PUCKETT HEIRSENERGY PRODUCTION CORPORATION0.33 mi
LINDLEY, DAVID T.ENERGY PRODUCTION CORPORATION0.34 mi
PUCKETT HEIRS TPCVMONTARE OPERATING, LTD.0.42 mi
LINDLEY, DAVIDENERGY PRODUCTION CORPORATION0.46 mi

The 10 nearest are listed. 51 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (90)

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

90 months

May 202655522,299106.413.05$126,977
Apr 202657621,80698.932.87$119,561
Mar 202637624,05589.753.15$109,506
Feb 202656120,89263.503.75$113,975
Jan 202675525,25659.138.00$246,639
Dec 202556224,48456.664.41$139,900
Nov 202556423,48658.593.93$125,261
Oct 202556521,49159.383.30$104,574
Sep 202556119,69662.743.08$95,800
Aug 202537914,44363.933.01$67,772
Jul 202536517,54466.743.32$82,522
Jun 202556520,67466.483.13$102,244
May 202556726,59160.553.23$120,282
Apr 202574229,70662.363.54$151,523
Mar 202575833,18667.704.27$192,965
Feb 202576430,03870.884.34$184,542
Jan 202577232,13274.324.28$194,858
Dec 202495731,58168.993.12$164,599
Nov 202494527,66669.052.20$126,074
Oct 202474926,35771.372.28$113,587
Sep 202490327,76769.612.36$128,509
Aug 20241,08231,52675.632.06$146,890
Jul 202495231,47679.932.15$143,659
Jun 20241,12030,52378.082.63$167,847
May 202493732,20278.812.20$144,639
Apr 20241,32632,04984.451.66$165,156
Mar 20241,14232,09480.301.55$141,292
Feb 202495031,59676.091.78$128,641
Jan 20241,36236,84873.023.30$220,965
Dec 20231,16138,16071.262.61$182,358
Nov 20231,15334,50077.892.81$186,668
Oct 202395735,71485.443.09$192,025
Sep 202396535,69389.042.74$183,545
Aug 20231,32338,16580.522.67$208,538
Jul 202395737,13074.852.64$169,721
Jun 20231,33934,54468.962.26$170,354
May 20231,12737,30370.622.23$162,677
Apr 20231,15835,95278.122.24$170,915
Mar 20231,35839,51172.852.39$193,486
Feb 20231,36137,61975.112.47$194,981
Jan 20231,16939,58176.533.39$223,553
Dec 20221,34139,44676.415.73$328,455
Nov 20221,51840,17685.005.65$355,872
Oct 20221,34241,20787.185.86$358,624
Sep 20221,14540,04384.888.16$424,086
Aug 20221,51942,37894.529.13$530,367
Jul 20221,33241,429101.587.54$447,765
Jun 20221,32141,135115.097.98$480,176
May 20221,51741,375109.378.43$514,831
Apr 20221,35536,865104.226.84$393,286
Mar 20221,54538,630108.885.08$364,321
Feb 20221,36335,35591.054.86$295,885
Jan 20221,37038,69881.844.54$287,720
Dec 20211,55139,62971.323.90$265,136
Nov 20211,55140,12977.435.24$330,243
Oct 20211,52339,92379.795.71$349,635
Sep 20211,52439,93169.865.35$320,134
Aug 20211,30540,86366.024.22$258,622
Jul 20211,69040,08470.783.98$279,236
Jun 20211,33637,73469.493.38$220,403
May 20211,53939,02763.483.02$215,466
Apr 20211,73139,27660.362.76$212,823
Mar 20211,73341,33861.302.72$218,546
Feb 20211,35234,77957.805.55$271,098
Jan 20211,54437,24450.412.81$182,499
Dec 20201,54736,44244.642.68$166,557
Nov 20201,70337,69838.772.71$168,058
Oct 20201,53539,06436.972.48$153,566
Sep 20201,53038,43437.091.99$133,271
Aug 20201,70138,41439.982.39$159,627
Jul 20201,70238,87738.371.83$136,261
Jun 20201,70737,38534.901.69$122,767
May 20201,62637,98416.921.81$96,443
Apr 20201,51031,66414.751.80$79,406
Mar 20201,55136,38530.341.86$114,596
Feb 20201,54432,38749.881.98$141,163
Jan 20201,55331,26657.252.09$154,403
Dec 20191,75529,16559.012.30$170,769
Nov 20191,74826,78255.302.75$170,334
Oct 20191,33329,25553.472.42$142,030
Sep 20191,13627,14855.052.66$134,677
Aug 20191,32230,15153.112.30$139,690
Jul 20191,70639,54856.272.46$193,287
Jun 20191,87042,46052.782.49$204,475
May 20192,09744,07758.482.74$243,418
Apr 20192,28352,75162.632.75$288,086
Mar 20192,25751,47156.803.06$285,807
Feb 20191,86340,23550.852.79$207,079
Jan 20192,08155,98946.033.23$276,531
Dec 20181,97341,73946.594.19$266,618

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           555 bbl  × $106.41 =    $59,058
Gas               22,299 Mcf  × $  3.05 =    $67,919

────────────────────────────────────────────────────
Month total                                 $126,977

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/287117 is the state's own key, not one this site invented.