LAWSON

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

Oil lease lease 15537District 06Field 52239666OilCasinghead gasSaveExport
Value, all time
$231 k
May 2017 – Nov 2020
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
43
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 29 leases and 31 wells, and the rule below applies to all of them.

Discovered
1947-02-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1989-08-14.

The Commission's schedule remark for this field reads: #06-0204411.

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
OilDisposition4,157 bbl$224,219
Casinghead gasProduction2,407 Mcf$7,192
Total$231,411

Wells on this lease (2)

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 32.8844, -94.5831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.88440, -94.58314 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,000 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
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

Between 7,850 and 8,150 ft, median 8,000 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2018 – Apr 2020
2 of 2 wells

2 wells

42-0673080428,150 ftApr 2020Yes
42-0673079517,850 ftOct 2018Yes

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 (43)

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

43 months

Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202028037.091.99$1,039
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020164034.901.69$5,724
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201914052.782.49$739
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019173050.852.79$8,797
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018276052.934.24$14,609
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180560.183.08$15
May 201816214065.382.90$10,998
Apr 201833120163.842.90$21,714
Mar 201869057061.222.79$43,830
Feb 201816353261.782.77$11,542
Jan 201834121762.874.01$22,309
Dec 2017028757.272.92$838
Nov 201732245555.423.12$19,264
Oct 2017498049.292.98$24,546
Sep 2017488047.523.09$23,190
Aug 2017167045.373.00$7,577
Jul 2017170043.873.09$7,458
Jun 2017170042.493.09$7,223
May 20170045.373.26$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 2020 — as filed, then multipliedworked
Oil                   28 bbl  × $ 37.09 =     $1,039
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $1,039

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/15537 is the state's own key, not one this site invented.