SHEAD, H. P.#1

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the WILLOW SPRINGS (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43038District 06Field 97752830CondensateGasSaveExport
Value, all time
$5.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$258 k
at the published price for each month
Months reported
401
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 311 leases and 315 wells, and the rule below applies to all of them.

Discovered
1954-01-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2000-06-22.

The Commission's schedule remark for this field reads: #06-0224806.

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
CondensateDisposition15,723 bbl$948,088
GasProduction1,202,752 Mcf$4,176,017
Total$5,124,105

95,518 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4869, -94.7657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48692, -94.76569 · 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
9,022 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 9,022 ft.

Completions filed
Nov 1967
1 of 1 wells

1 well

42-1830024019,022 ftNov 1967

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 (401)

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

401 months

May 2026815,076106.413.05$24,080
Apr 20261635,01298.932.87$30,509
Mar 202604,28089.753.15$13,480
Feb 202602,29663.503.75$8,611
Jan 2026784,74259.138.00$42,538
Dec 2025805,17556.664.41$27,372
Nov 2025814,72258.593.93$23,286
Oct 2025814,80659.383.30$20,693
Sep 202505,04462.743.08$15,520
Aug 2025775,33863.933.01$21,015
Jul 2025803,20066.743.32$15,948
Jun 2025773,18166.483.13$15,071
May 2025794,82460.553.23$20,376
Apr 202504,96662.363.54$17,595
Mar 20251604,82667.704.27$31,431
Feb 2025834,40270.884.34$24,991
Jan 2025864,24874.324.28$24,567
Dec 2024784,50568.993.12$19,443
Nov 202404,16669.052.20$9,159
Oct 2024784,72071.372.28$16,335
Sep 202404,84469.612.36$11,453
Aug 2024794,75075.632.06$15,777
Jul 2024765,05579.932.15$16,926
Jun 2024784,47978.082.63$17,888
May 2024785,16378.812.20$17,498
Apr 2024785,08484.451.66$15,022
Mar 2024785,32680.301.55$14,493
Feb 2024784,94376.091.78$14,752
Jan 2024795,18873.023.30$22,877
Dec 202305,05971.262.61$13,208
Nov 202301,44777.892.81$4,063
Oct 20230085.443.09$0
Sep 202377189.042.74$6,859
Aug 2023027480.522.67$732
Jul 2023047574.852.64$1,255
Jun 2023022968.962.26$517
May 202304,61570.622.23$10,279
Apr 2023834,61578.122.24$16,811
Mar 20231624,78772.852.39$23,258
Feb 20231674,30175.112.47$23,148
Jan 202304,55576.533.39$15,431
Dec 20221664,03176.415.73$35,778
Nov 202204,27885.005.65$24,154
Oct 202202,07087.185.86$12,138
Sep 20221652,57184.888.16$34,994
Aug 202204,31094.529.13$39,338
Jul 202204,255101.587.54$32,092
Jun 20221624,284115.097.98$52,819
May 202204,504109.378.43$37,982
Apr 20221654,155104.226.84$45,607
Mar 202204,276108.885.08$21,707
Feb 20221613,68891.054.86$32,578
Jan 202204,03381.844.54$18,300
Dec 20211674,23871.323.90$28,435
Nov 2021824,32877.435.24$29,014
Oct 2021823,94579.795.71$29,084
Sep 202103,56869.865.35$19,092
Aug 202104,38566.024.22$18,507
Jul 202102,93770.783.98$11,695
Jun 2021581,82469.493.38$10,197
May 20211384,54463.483.02$22,473
Apr 202104,41560.362.76$12,178
Mar 20211774,85361.302.72$24,035
Feb 202103,96957.805.55$22,020
Jan 20211504,84050.412.81$21,163
Dec 20201894,86544.642.68$21,453
Nov 202004,56838.772.71$12,364
Oct 202004,77836.972.48$11,842
Sep 20201734,75937.091.99$15,892
Aug 202004,78539.982.39$11,413
Jul 20201844,90138.371.83$16,005
Jun 202004,66034.901.69$7,877
May 202004,93416.921.81$8,954
Apr 20201813,01214.751.80$8,105
Mar 202003,30130.341.86$6,127
Feb 202004,50549.881.98$8,923
Jan 20201824,46957.252.09$19,781
Dec 201904,83559.012.30$11,142
Nov 20191904,58755.302.75$23,124
Oct 201904,85953.472.42$11,752
Sep 20191634,77555.052.66$21,662
Aug 201905,15953.112.30$11,888
Jul 20191853,96456.272.46$20,162
Jun 2019059652.782.49$1,485
May 2019071658.482.74$1,962
Apr 2019053462.632.75$1,469
Mar 2019065456.803.06$2,003
Feb 2019040550.852.79$1,131
Jan 2019044446.033.23$1,433
Dec 2018086646.594.19$3,625
Nov 20181793,76052.934.24$25,406
Oct 201804,16761.443.40$14,160
Sep 20181814,32859.543.11$24,228
Aug 201804,43759.403.07$13,606
Jul 201804,29765.142.93$12,598
Jun 20181773,79060.183.08$22,313
May 201803,81865.382.90$11,075
Apr 201803,61063.842.90$10,472
Mar 20181764,28361.222.79$22,711
Feb 201805,22961.782.77$14,464
Jan 20181964,36662.874.01$29,827
Dec 201704,56457.272.92$13,334
Nov 20171924,60555.423.12$25,001
Oct 2017044649.292.98$1,331
Sep 20171784,57047.523.09$22,567
Aug 201704,81045.373.00$14,451
Jul 20171884,46343.873.09$22,026
Jun 201703,89842.493.09$12,034
May 201704,29645.373.26$14,020
Apr 20171714,82547.933.21$23,692
Mar 201703,98246.772.98$11,881
Feb 201702,49150.452.95$7,355
Jan 20171884,43449.413.42$24,448
Dec 201605,00248.763.72$18,622
Nov 20161884,75842.492.64$20,570
Oct 201604,98746.193.09$15,411
Sep 201604,62141.553.10$14,328
Aug 20161724,75341.442.92$21,027
Jul 201604,70041.622.92$13,744
Jun 20161784,42845.352.69$19,965
May 201604,68642.521.99$9,330
Apr 201604,63736.561.99$9,232
Mar 20161934,79733.011.79$14,977
Feb 201603,30126.472.06$6,812
Jan 20161684,54727.352.36$15,346
Dec 201504,23132.362.00$8,468
Nov 20151864,27638.792.17$16,482
Oct 201504,33243.552.43$10,512
Sep 20151814,42242.992.76$19,979
Aug 201502,97640.162.87$8,549
Jul 201503,78348.152.95$11,141
Jun 201502,19856.152.88$6,337
May 2015044455.212.96$1,312
Apr 20151843,85449.822.71$19,598
Mar 201503,44042.892.93$10,095
Feb 201503,19644.662.98$9,512
Jan 20151544,02643.433.10$19,171
Dec 201404,00554.693.59$14,383
Nov 20141833,27170.464.25$26,802
Oct 201403,99478.303.90$15,580
Sep 201403,42286.164.05$13,844
Aug 201403,46389.394.04$13,974
Jul 20141693,89796.564.18$32,607
Jun 201403,56198.164.74$16,868
May 20141694,21794.734.73$35,941
Apr 201403,48095.944.81$16,736
Mar 20141863,93095.895.06$37,709
Feb 201402,84497.406.19$17,610
Jan 201403,27290.404.86$15,904
Dec 201302,88091.824.35$12,541
Nov 20131864,26988.853.74$32,485
Oct 201304,09397.423.78$15,469
Sep 2013010104.113.72$37
Aug 201300104.253.52$0
Jul 201301,637102.523.72$6,086
Jun 20131814,21794.403.93$33,674
May 201304,60994.834.15$19,123
Apr 201304,26593.964.28$18,265
Mar 20131844,21093.623.91$33,699
Feb 201303,09091.233.42$10,568
Jan 201302,83391.603.42$9,689
Dec 201203,97286.773.42$13,585
Nov 20121953,87586.953.62$31,002
Oct 201204,31489.383.40$14,666
Sep 201203,99194.672.92$11,647
Aug 201204,60892.662.91$13,401
Jul 2012025985.133.02$782
Jun 20120079.822.52$0
May 201216455191.612.49$16,395
Apr 201204,464101.652.00$8,914
Mar 201204,481105.052.22$9,957
Feb 20121914,566101.102.57$31,046
Jan 201204,75398.092.73$12,995
Dec 20111974,38396.873.24$33,283
Nov 201104,79095.723.31$15,861
Oct 20111774,23284.983.65$30,482
Sep 201104,73183.623.99$18,857
Aug 201105,00983.404.15$20,784
Jul 20111744,95194.144.52$38,745
Jun 201104,66892.904.64$21,659
May 20111544,76098.134.40$36,079
Apr 201104,484105.964.33$19,430
Mar 20111955,03296.364.06$39,207
Feb 201103,40985.644.18$14,250
Jan 201101,18486.504.59$5,433
Dec 201001,73885.734.35$7,556
Nov 201003,77780.843.80$14,335
Oct 20101774,31678.103.51$28,968
Sep 201004,09672.633.98$16,300
Aug 201002,75373.684.42$12,167
Jul 201004,05872.554.74$19,221
Jun 20101883,70570.364.91$31,421
May 201002,42271.124.24$10,258
Apr 201003,55981.694.12$14,673
Mar 201001,55778.394.39$6,833
Feb 2010075373.585.44$4,098
Jan 20101831,53274.365.96$22,745
Dec 2009091071.445.48$4,990
Nov 200921474.593.75$202
Oct 20090072.544.11$0
Sep 2009030765.543.06$941
Aug 200901,59167.423.22$5,121
Jul 200901,63361.133.46$5,658
Jun 200901,76366.163.90$6,867
May 200901,49254.743.93$5,857
Apr 200901,54846.773.59$5,553
Mar 2009062742.144.06$2,545
Feb 2009066632.814.63$3,086
Jan 200916569635.865.37$9,655
Dec 2008079437.105.98$4,746
Nov 2008073755.496.86$5,056
Oct 200801,05675.246.92$7,310
Sep 200801,360101.767.88$10,713
Aug 200801,669114.228.48$14,158
Jul 200801,576131.0811.39$17,950
Jun 200801,540131.3313.03$20,070
May 200801,898123.1711.57$21,968
Apr 200801,772110.3110.45$18,526
Mar 2008181794101.909.66$26,117
Feb 2008074092.538.77$6,490
Jan 2008057090.388.21$4,677
Dec 200701,03688.337.30$7,565
Nov 200701,50591.677.29$10,974
Oct 200701,43682.856.92$9,940
Sep 200701,46175.846.24$9,123
Aug 200701,73269.066.39$11,064
Jul 200701,65370.906.39$10,559
Jun 200701,52362.007.55$11,496
May 200701,46758.747.85$11,510
Apr 200702,22259.617.81$17,343
Mar 200702,46956.927.30$18,029
Feb 20071332,41855.108.22$27,195
Jan 200702,41350.306.73$16,232
Dec 200602,19156.656.92$15,158
Nov 200601,92654.207.62$14,671
Oct 20061552,15554.906.01$21,469
Sep 2006074660.085.04$3,758
Aug 200602,44568.717.34$17,946
Jul 200613,41969.376.34$21,755
Jun 200603,18766.286.38$20,345
May 200612,39966.016.42$15,480
Apr 20061131,54864.397.36$18,670
Mar 200601,30656.707.08$9,250
Feb 200601,10657.597.75$8,573
Jan 200601,15160.598.93$10,282
Dec 200501,77454.9413.42$23,799
Nov 200501,10454.6910.59$11,690
Oct 20051181,25658.3413.80$24,212
Sep 200502,14061.4512.08$25,849
Aug 200501,66361.519.80$16,292
Jul 200501,03455.697.84$8,110
Jun 200501,57752.337.38$11,640
May 200501,88545.226.65$12,537
Apr 200502,15449.207.36$15,854
Mar 20051291,91350.377.15$20,185
Feb 200501,80545.226.31$11,393
Jan 200502,15343.166.32$13,612
Dec 200401,52739.866.75$10,309
Nov 200401,04545.286.33$6,615
Oct 200401,49749.706.52$9,753
Sep 200401,62043.245.28$8,560
Aug 200402,16642.375.55$12,023
Jul 200401,30338.286.08$7,928
Jun 200401,34436.106.43$8,646
May 200401,39437.486.49$9,053
Apr 200401,29034.475.86$7,557
Mar 2004064934.365.53$3,589
Feb 2004033432.455.51$1,840
Jan 20048639832.036.30$5,262
Dec 2003071530.266.30$4,506
Nov 200301,06728.804.60$4,903
Oct 200301,06728.174.76$5,079
Sep 200301,17926.314.75$5,600
Aug 200301,73129.765.13$8,880
Jul 20031212,19829.415.17$14,924
Jun 200301,94928.565.98$11,661
May 200301,76726.595.97$10,554
Apr 200301,70626.675.41$9,225
Mar 200301,81231.146.10$11,046
Feb 200302,08633.487.93$16,533
Jan 2003056430.315.58$3,148
Dec 200201,07226.914.85$5,203
Nov 200217094824.664.14$8,114
Oct 200202,48526.464.23$10,509
Sep 200202,59627.443.64$9,437
Aug 200203,00425.963.16$9,505
Jul 200201,77724.583.06$5,441
Jun 200201,78723.733.34$5,965
May 200202,54424.663.58$9,118
Apr 200202,59523.653.51$9,114
Mar 200203,09922.003.10$9,615
Feb 200202,81218.222.38$6,680
Jan 20021622,92517.172.38$9,730
Dec 200102,96616.932.36$7,013
Nov 200102,68218.072.41$6,452
Oct 200102,59619.782.53$6,565
Sep 200103,08324.262.25$6,941
Aug 200103,77424.873.05$11,523
Jul 2001942,61623.933.20$10,613
Jun 200103,43624.563.82$13,140
May 200103,28425.524.31$14,145
Apr 200103,68224.685.34$19,645
Mar 200103,70724.545.38$19,930
Feb 20011103,16827.755.77$21,323
Jan 200103,57927.478.40$30,059
Dec 200004,22926.889.12$38,579
Nov 20000032.215.66$0
Oct 20001554,26631.235.15$26,791
Sep 200004,16731.875.19$21,612
Aug 200005,12429.644.54$23,267
Jul 200003,31328.534.09$13,549
Jun 200003,89429.304.40$17,123
May 20001594,38227.263.68$20,459
Apr 200004,12024.513.12$12,838
Mar 200004,29828.422.86$12,291
Feb 20001613,97127.622.73$15,274
Jan 200005,31525.272.48$13,184
Dec 199905,15424.282.42$12,492
Nov 199905,68423.192.43$13,835
Oct 19991533,26620.982.80$12,367
Sep 199904,03121.752.62$10,557
Aug 199903,06919.262.88$8,825
Jul 199903,88317.892.37$9,212
Jun 199903,87615.942.36$9,156
May 199905,44915.792.32$12,647
Apr 199905,58115.102.21$12,323
Mar 19991725,63412.471.84$12,502
Feb 199904,7399.981.82$8,615
Jan 199903,38510.381.90$6,431
Dec 199804,7609.201.77$8,441
Nov 19981715,68910.892.19$14,297
Oct 199805,55812.421.97$10,945
Sep 199806,27412.592.08$13,066
Aug 199806,05411.301.91$11,547
Jul 199805,83311.742.24$13,050
Jun 19981396,40411.242.24$15,890
May 199806,09012.622.21$13,437
Apr 199806,21613.042.51$15,573
Mar 199816,59112.802.31$15,234
Feb 19981453,50813.952.30$10,088
Jan 199805,26514.702.15$11,345
Dec 199703,56316.322.41$8,591
Nov 199703,26018.193.09$10,068
Oct 199701,26919.253.15$3,997
Sep 19976930317.742.95$2,119
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 199602721.51$0
Mar 1996019119.38$0
Feb 1996087616.98$0
Jan 1996063617.07$0
Dec 1995069017.19$0
Nov 199502,52816.00$0
Oct 199505,11015.43$0
Sep 199505,89116.18$0
Aug 199504,99115.92$0
Jul 199502,27115.24$0
Jun 199501,76516.41$0
May 199501,05117.56$0
Apr 199501,94517.73$0
Mar 19951803,38316.44$2,959
Feb 199502,89216.58$0
Jan 199503,69815.92$0
Dec 199404,13015.03$0
Nov 199405,68815.90$0
Oct 199401,75515.58$0
Sep 199401,28515.29$0
Aug 199432,73516.13$48
Jul 19941324,59917.56$2,318
Jun 1994201,83217.09$342
May 1994087015.88$0
Apr 19942488414.14$339
Mar 199401,29612.46$0
Feb 199411,74712.50$13
Jan 199402,00412.66$0
Dec 199311,64312.33$12
Nov 199331,42214.49$43
Oct 199302,65615.85$0
Sep 199322,23015.03$30
Aug 199313,33515.66$16
Jul 1993184015.46$15
Jun 199312,21516.79$17
May 199353,87917.68$88
Apr 199312,64218.05$18
Mar 199312,22718.14$18
Feb 199322,99517.90$36
Jan 199312,66416.93$17

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            81 bbl  × $106.41 =     $8,619
Gas                5,076 Mcf  × $  3.05 =    $15,461

────────────────────────────────────────────────────
Month total                                  $24,080

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/43038 is the state's own key, not one this site invented.