RETTIG

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

Gas lease lease 201584District 09Field 65280200CondensateGasSaveExport
Value, all time
$556 k
Feb 2003 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
165
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition1 bbl$45
GasProduction88,960 Mcf$556,404
Total$556,450

Every month this lease reported (165)

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

165 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014011394.734.73$534
Apr 201409395.944.81$447
Mar 2014010395.895.06$521
Feb 2014010097.406.19$619
Jan 2014010990.404.86$530
Dec 2013011691.824.35$505
Nov 2013011188.853.74$415
Oct 2013011297.423.78$423
Sep 20130152104.113.72$565
Aug 20130168104.253.52$592
Jul 20130211102.523.72$784
Jun 2013021094.403.93$826
May 2013021794.834.15$900
Apr 2013021093.964.28$899
Mar 2013021793.623.91$849
Feb 2013020391.233.42$694
Jan 2013021091.603.42$718
Dec 2012016586.773.42$564
Nov 2012021086.953.62$761
Oct 2012021789.383.40$738
Sep 2012021094.672.92$613
Aug 2012021092.662.91$611
Jul 2012021785.133.02$656
Jun 2012018979.822.52$476
May 2012021791.612.49$540
Apr 20120173101.652.00$345
Mar 20120238105.052.22$529
Feb 20120190101.102.57$488
Jan 2012021698.092.73$591
Dec 2011025896.873.24$836
Nov 2011014495.723.31$477
Oct 2011011984.983.65$434
Sep 2011012183.623.99$482
Aug 2011011383.404.15$469
Jul 2011014394.144.52$646
Jun 2011014492.904.64$668
May 2011011898.134.40$520
Apr 20110139105.964.33$602
Mar 2011026696.364.06$1,079
Feb 2011012485.644.18$518
Jan 2011012086.504.59$551
Dec 2010012885.734.35$557
Nov 2010010480.843.80$395
Oct 2010011178.103.51$389
Sep 20100972.633.98$36
Aug 20100673.684.42$27
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201001171.124.24$47
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006053556.656.92$3,701
Nov 2006066854.207.62$5,088
Oct 2006041154.906.01$2,472
Sep 2006090460.085.04$4,554
Aug 2006045268.717.34$3,318
Jul 2006089269.376.34$5,658
Jun 2006083766.286.38$5,343
May 200601,03866.016.42$6,669
Apr 200601,22764.397.36$9,031
Mar 200601,32956.707.08$9,413
Feb 200601,78957.597.75$13,867
Jan 200601,94460.598.93$17,366
Dec 2005026154.9413.42$3,501
Nov 200504854.6910.59$508
Oct 200503158.3413.80$428
Sep 200502161.4512.08$254
Aug 2005062461.519.80$6,113
Jul 2005066255.697.84$5,192
Jun 200502,97352.337.38$21,944
May 200503,63145.226.65$24,150
Apr 200505,27749.207.36$38,841
Mar 200505,27750.377.15$37,756
Feb 200502,88345.226.31$18,197
Jan 200504,04943.166.32$25,599
Dec 200406,16639.866.75$41,627
Nov 200417,33145.286.33$46,454
Oct 200408,29649.706.52$54,049
Sep 2004014,12943.245.28$74,656
Aug 200405,10742.375.55$28,347
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 200402,88332.455.51$15,884
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$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.

May 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.73 =         $0
Gas                  113 Mcf  × $  4.73 =       $534

────────────────────────────────────────────────────
Month total                                     $534

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. 09/G/201584 is the state's own key, not one this site invented.