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 287799District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jun 2019 – May 2026
Value, last 12 filed months
$389 k
at the published price for each month
Months reported
84
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-1112020-04-07226500

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
CondensateDisposition4,124 bbl$260,000
GasProduction2,499,993 Mcf$7,230,076
Total$7,490,076

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 32.0975, -94.5784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09750, -94.57841 · 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
10,180 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 10,180 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-365384882H10,180 ftJun 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 (84)

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

84 months

May 202627,882106.413.05$24,220
Apr 202618,21298.932.87$23,665
Mar 202618,47189.753.15$26,769
Feb 202628,35163.503.75$31,446
Jan 202628,73059.138.00$69,940
Dec 202517,95956.664.41$35,183
Nov 202528,90058.593.93$35,063
Oct 202579,41459.383.30$31,527
Sep 202509,14362.743.08$28,132
Aug 202518,65363.933.01$26,151
Jul 2025119,21166.743.32$31,270
Jun 202508,16866.483.13$25,555
May 2025268,37760.553.23$28,651
Apr 2025217,47662.363.54$27,798
Mar 2025178,81367.704.27$38,768
Feb 2025136,83970.884.34$30,608
Jan 2025247,96174.324.28$35,846
Dec 2024588,23668.993.12$29,709
Nov 2024217,96769.052.20$18,965
Oct 2024218,29271.372.28$20,416
Sep 2024178,67769.612.36$21,699
Aug 2024188,90275.632.06$19,732
Jul 2024489,89279.932.15$25,071
Jun 2024136,41378.082.63$17,907
May 20242010,21278.812.20$24,027
Apr 2024159,00384.451.66$16,205
Mar 20241710,69680.301.55$17,892
Feb 2024169,81876.091.78$18,729
Jan 2024198,26073.023.30$28,626
Dec 20231411,31271.262.61$30,530
Nov 20231511,26577.892.81$32,796
Oct 202366,00885.443.09$19,061
Sep 20231411,66989.042.74$33,162
Aug 20235211,73480.522.67$35,551
Jul 20231612,87974.852.64$35,221
Jun 20235812,18368.962.26$31,515
May 20231213,67270.622.23$31,300
Apr 2023958,20478.122.24$25,780
Mar 20232915,71772.852.39$39,726
Feb 2023106,34775.112.47$16,401
Jan 2023155,58876.533.39$20,079
Dec 20229512,35576.415.73$78,042
Nov 20221812,17385.005.65$70,261
Oct 20222714,30387.185.86$86,223
Sep 20223313,32784.888.16$111,598
Aug 20224014,45894.529.13$135,741
Jul 20223915,457101.587.54$120,540
Jun 20223914,164115.097.98$117,478
May 202211816,606109.378.43$152,945
Apr 20223815,359104.226.84$108,979
Mar 20223417,224108.885.08$91,138
Feb 202213616,07291.054.86$90,474
Jan 20222717,36581.844.54$81,006
Dec 20211718,21471.323.90$72,231
Nov 20213319,32177.435.24$103,736
Oct 202110921,36979.795.71$130,797
Sep 202117721,33469.865.35$126,522
Aug 20215622,14866.024.22$97,175
Jul 20219123,73970.783.98$100,972
Jun 20219824,22269.493.38$88,695
May 20212325,86063.483.02$79,497
Apr 202111427,05960.362.76$81,521
Mar 20214229,24261.302.72$82,023
Feb 20219515,78757.805.55$93,076
Jan 202113112,95550.412.81$43,011
Dec 202020932,28644.642.68$95,710
Nov 20202133,99038.772.71$92,810
Oct 202010937,75736.972.48$97,608
Sep 20203239,54237.091.99$79,917
Aug 202013344,59239.982.39$111,674
Jul 20203248,02938.371.83$88,887
Jun 20206250,72234.901.69$87,900
May 202010955,11016.921.81$101,855
Apr 20205658,78814.751.80$106,902
Mar 20208867,01230.341.86$127,060
Feb 2020864,47949.881.98$128,111
Jan 202015677,94957.252.09$172,214
Dec 20198990,45459.012.30$213,690
Nov 201958104,82255.302.75$291,541
Oct 2019206130,30253.472.42$326,155
Sep 201937162,89055.052.66$434,881
Aug 2019149213,55653.112.30$500,023
Jul 201946269,18756.272.46$664,805
Jun 2019144102,90752.782.49$263,962

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             2 bbl  × $106.41 =       $213
Gas                7,882 Mcf  × $  3.05 =    $24,007

────────────────────────────────────────────────────
Month total                                  $24,220

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/287799 is the state's own key, not one this site invented.