FOUR STATES GROCERY

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the KILDARE (COTTON VALLEY, OIL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12130District 06Field 49204202OilCasinghead gasSaveExport
Value, all time
$202 k
Jan 1993 – Nov 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1979-11-17
as the register files it
Field class
Oil
the register's own label
Between wells
990 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
OilDisposition10,223 bbl$202,314
Casinghead gasProduction4,606 Mcf$0
Total$202,314

4,606 Mcf of this lease's gas, across 41 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 32.9051, -94.2583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.90511, -94.25830 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,980 ft
1 wells filed one
Completion to plug
7.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,980 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Jun 2005
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-06730542110,980 ftFeb 1998Jun 2005Yes

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 (155)

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

155 months

Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004118043.245.28$5,102
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003180028.174.76$5,071
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003179026.595.97$4,760
Apr 20030026.675.41$0
Mar 2003178031.146.10$5,543
Feb 20030033.487.93$0
Jan 2003195030.315.58$5,910
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002167026.464.23$4,419
Sep 2002180027.443.64$4,939
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002182024.663.58$4,488
Apr 20020023.653.51$0
Mar 2002181022.003.10$3,982
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001180016.932.36$3,047
Nov 20010018.072.41$0
Oct 2001185019.782.53$3,659
Sep 20010024.262.25$0
Aug 2001175024.873.05$4,352
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001174025.524.31$4,440
Apr 20010024.685.34$0
Mar 2001177024.545.38$4,344
Feb 20010027.755.77$0
Jan 2001182027.478.40$5,000
Dec 20001026.889.12$27
Nov 2000182032.215.66$5,862
Oct 20000031.235.15$0
Sep 2000178031.875.19$5,673
Aug 2000178029.644.54$5,276
Jul 20000028.534.09$0
Jun 2000182029.304.40$5,333
May 20000027.263.68$0
Apr 2000179024.513.12$4,387
Mar 20000028.422.86$0
Feb 2000180027.622.73$4,972
Jan 2000181025.272.48$4,574
Dec 1999166024.282.42$4,030
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999180019.262.88$3,467
Jul 1999177017.892.37$3,167
Jun 19990015.942.36$0
May 1999181015.792.32$2,858
Apr 1999180015.102.21$2,718
Mar 1999366012.471.84$4,564
Feb 1999009.981.82$0
Jan 1999373010.381.90$3,872
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998544012.592.08$6,849
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998182011.242.24$2,046
May 1998177012.622.21$2,234
Apr 1998340013.042.51$4,434
Mar 1998361012.802.31$4,621
Feb 1998335013.952.30$4,673
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19975018.193.09$91
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997184017.582.25$3,235
Jun 19970017.242.26$0
May 19971018.972.31$19
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997184020.492.21$3,770
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996187023.31$4,359
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19961925519.43$3,731
Apr 199604421.51$0
Mar 199604419.38$0
Feb 199604416.98$0
Jan 19961814417.07$3,090
Dec 199503317.19$0
Nov 199505516.00$0
Oct 199505515.43$0
Sep 19951676616.18$2,702
Aug 199505515.92$0
Jul 199504415.24$0
Jun 199506616.41$0
May 199517312117.56$3,038
Apr 1995033017.73$0
Mar 199518013016.44$2,959
Feb 1995012616.58$0
Jan 1995013015.92$0
Dec 1994010715.03$0
Nov 199419113615.90$3,037
Oct 1994011815.58$0
Sep 1994011815.29$0
Aug 1994011816.13$0
Jul 199418411817.56$3,231
Jun 1994014217.09$0
May 1994011815.88$0
Apr 199418413314.14$2,602
Mar 1994014212.46$0
Feb 1994010612.50$0
Jan 1994015412.66$0
Dec 199318814112.33$2,318
Nov 1993011814.49$0
Oct 1993012815.85$0
Sep 199318312115.03$2,750
Aug 1993014215.66$0
Jul 1993014215.46$0
Jun 199319013016.79$3,190
May 1993015417.68$0
Apr 1993014218.05$0
Mar 199319315218.14$3,501
Feb 1993014217.90$0
Jan 1993014216.93$0

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.

Sep 2004 — as filed, then multipliedworked
Oil                  118 bbl  × $ 43.24 =     $5,102
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $5,102

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/O/12130 is the state's own key, not one this site invented.