HUGHES-KEELING

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 288862District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Oct 2019 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
80
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-1112020-07-06227425

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
CondensateDisposition11,213 bbl$581,536
GasProduction576,077 Mcf$1,808,989
Total$2,390,525

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 32.0267, -94.6200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02666, -94.62002 · 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
10,124 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 10,124 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-401354431H10,124 ftOct 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 (80)

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

80 months

May 20260713106.413.05$2,172
Apr 2026066798.932.87$1,914
Mar 2026211,57289.753.15$6,836
Feb 2026202,89063.503.75$12,108
Jan 202602,84859.138.00$22,778
Dec 202532,39156.664.41$10,722
Nov 202511,20358.593.93$4,782
Oct 202501,46559.383.30$4,842
Sep 202581,71162.743.08$5,767
Aug 2025351,31063.933.01$6,187
Jul 2025112,33966.743.32$8,488
Jun 2025863,16766.483.13$15,626
May 2025633,53560.553.23$15,241
Apr 2025643662.363.54$4,119
Mar 2025661,71867.704.27$11,801
Feb 202501,23570.884.34$5,361
Jan 20251203,63674.324.28$24,476
Dec 2024913,98468.993.12$18,714
Nov 2024712,60769.052.20$10,634
Oct 202402,70171.372.28$6,162
Sep 202402,82569.612.36$6,679
Aug 202404,31175.632.06$8,896
Jul 202404,84679.932.15$10,402
Jun 202405,39478.082.63$14,208
May 202403,79378.812.20$8,339
Apr 202405,62884.451.66$9,338
Mar 202406,10280.301.55$9,428
Feb 202403,85976.091.78$6,883
Jan 202404,15373.023.30$13,695
Dec 202302,79771.262.61$7,302
Nov 202302,71877.892.81$7,631
Oct 202302,77685.443.09$8,570
Sep 20231373,95489.042.74$23,013
Aug 202303,79680.522.67$10,146
Jul 202305,09574.852.64$13,460
Jun 202304,53468.962.26$10,240
May 202334,73570.622.23$10,759
Apr 202345,33878.122.24$12,258
Mar 2023744,19972.852.39$15,440
Feb 202323,75375.112.47$9,404
Jan 202313,04776.533.39$10,399
Dec 202212,35576.415.73$13,568
Nov 202203,81485.005.65$21,535
Oct 202204,64487.185.86$27,231
Sep 20221773,86184.888.16$46,544
Aug 202207,20594.529.13$65,761
Jul 202206,843101.587.54$51,610
Jun 202202,827115.097.98$22,552
May 20221407,045109.378.43$74,723
Apr 20221807,287104.226.84$68,585
Mar 202207,981108.885.08$40,515
Feb 202207,31191.054.86$35,523
Jan 20221808,68581.844.54$54,141
Dec 202108,67671.323.90$33,829
Nov 20211768,65977.435.24$58,974
Oct 20211798,98379.795.71$65,610
Sep 20211559,48369.865.35$61,571
Aug 20213556,31966.024.22$50,107
Jul 202102,88870.783.98$11,500
Jun 20211012,71269.493.38$16,187
May 20211615,02763.483.02$25,390
Apr 20211882,87060.362.76$19,264
Mar 20213144,38461.302.72$31,159
Feb 202103,75557.805.55$20,833
Jan 20215149,78250.412.81$53,401
Dec 202018110,76944.642.68$36,892
Nov 202018910,63538.772.71$36,112
Oct 202033911,91036.972.48$42,051
Sep 202046212,09437.091.99$41,215
Aug 202066212,88139.982.39$57,189
Jul 2020011,17038.371.83$20,387
Jun 20201,07713,16934.901.69$59,847
May 202032116,97716.921.81$36,240
Apr 202034322,02614.751.80$44,803
Mar 202082923,15230.341.86$68,127
Feb 202053125,17449.881.98$76,348
Jan 202072829,90657.252.09$104,323
Dec 201989936,89559.012.30$138,069
Nov 201989760,86955.302.75$217,036
Oct 2019535,67353.472.42$16,554

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                  713 Mcf  × $  3.05 =     $2,172

────────────────────────────────────────────────────
Month total                                   $2,172

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/288862 is the state's own key, not one this site invented.