VALLEY WELLS UNIT 9 DIM

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278917District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Dec 2014 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
138
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
High Cost Gas112016-03-28218386
NGPA1none

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
CondensateDisposition110,665 bbl$5,522,193
GasProduction607,947 Mcf$1,837,515
Total$7,359,708

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 28.4428, -99.4952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44281, -99.49520 · 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
7,600 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 7,600 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-12735583O 2H7,600 ftJun 2014

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 (138)

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

138 months

May 2026107434106.413.05$12,708
Apr 20268928898.932.87$9,631
Mar 202612550889.753.15$12,819
Feb 20267546263.503.75$6,495
Jan 202612751359.138.00$11,612
Dec 202513748156.664.41$9,885
Nov 20259645958.593.93$7,427
Oct 202510355259.383.30$7,940
Sep 202511651462.743.08$8,859
Aug 202512778063.933.01$10,471
Jul 202512772366.743.32$10,873
Jun 202512555966.483.13$10,059
May 202513355860.553.23$9,857
Apr 202513056562.363.54$10,109
Mar 202518725767.704.27$13,757
Feb 20251721,17570.884.34$17,292
Jan 20252042,09574.324.28$24,125
Dec 20243432,88668.993.12$32,672
Nov 20242523,00669.052.20$24,009
Oct 20243423,05371.372.28$31,374
Sep 20242752,63669.612.36$25,375
Aug 20242112,70675.632.06$21,542
Jul 20242492,61779.932.15$25,520
Jun 20242492,25378.082.63$25,376
May 20242421,90178.812.20$23,251
Apr 20242642,21284.451.66$25,965
Mar 20242322,55480.301.55$22,576
Feb 20241491,18376.091.78$13,447
Jan 20242013,22473.023.30$25,309
Dec 20232813,38471.262.61$28,859
Nov 20231652,47377.892.81$19,795
Oct 20232122,01985.443.09$24,347
Sep 20232453,26589.042.74$30,745
Aug 20232782,37780.522.67$28,738
Jul 20232762,44974.852.64$27,128
Jun 20233283,03468.962.26$29,471
May 20231991,91270.622.23$18,312
Apr 20231401,07878.122.24$13,349
Mar 20232982,31872.852.39$27,257
Feb 20232862,84875.112.47$28,504
Jan 20233282,82376.533.39$34,665
Dec 20221841,48876.415.73$22,584
Nov 20222522,47185.005.65$35,372
Oct 20222882,60987.185.86$40,406
Sep 20222872,55784.888.16$45,235
Aug 20223702,82794.529.13$60,775
Jul 20222711,817101.587.54$41,232
Jun 20222502,377115.097.98$47,734
May 20222601,851109.378.43$44,046
Apr 20221872,007104.226.84$33,212
Mar 20223353,231108.885.08$52,877
Feb 20222683,18991.054.86$39,896
Jan 20222712,15381.844.54$31,948
Dec 20212261,70271.323.90$22,755
Nov 20212411,78177.435.24$27,987
Oct 20212651,85979.795.71$31,766
Sep 20212511,60469.865.35$26,118
Aug 20212231,38366.024.22$20,560
Jul 20211721,40370.783.98$17,761
Jun 20211982,01969.493.38$20,584
May 20213112,56463.483.02$27,480
Apr 20213013,72060.362.76$28,430
Mar 20213563,58961.302.72$31,574
Feb 20212842,68457.805.55$31,306
Jan 20214773,82050.412.81$34,781
Dec 20205312,31844.642.68$29,906
Nov 20200038.772.71$0
Oct 20200236.972.48$5
Sep 20203037.091.99$111
Aug 20202451,94839.982.39$14,441
Jul 20205093,50838.371.83$25,933
Jun 20205064,86234.901.69$25,878
May 20203903,85516.921.81$13,595
Apr 20205795,14714.751.80$17,827
Mar 20207304,14630.341.86$29,844
Feb 20204933,04549.881.98$30,622
Jan 20206624,99457.252.09$48,361
Dec 20195144,60959.012.30$40,952
Nov 20194034,72655.302.75$35,286
Oct 20194384,62153.472.42$34,596
Sep 20195695,62255.052.66$46,263
Aug 20195215,33053.112.30$39,953
Jul 20194944,46356.272.46$38,777
Jun 20193673,05452.782.49$26,978
May 20193853,91358.482.74$33,238
Apr 20194335,33962.632.75$41,805
Mar 20198126,40556.803.06$65,734
Feb 20197413,41450.852.79$47,212
Jan 20198556,30446.033.23$59,706
Dec 20187766,57146.594.19$63,656
Nov 20188076,28152.934.24$69,329
Oct 20181131,09761.443.40$10,670
Sep 20184283,88659.543.11$37,561
Aug 20186585,83559.403.07$56,979
Jul 20185066,28865.142.93$51,397
Jun 20186136,32460.183.08$56,349
May 20186366,47365.382.90$60,359
Apr 20186766,54263.842.90$62,133
Mar 20187776,19561.222.79$64,832
Feb 20185873,44861.782.77$45,802
Jan 20189566,69362.874.01$86,938
Dec 20171,0007,03657.272.92$77,826
Nov 20179736,68655.423.12$74,773
Oct 20171,0717,95549.292.98$76,525
Sep 20171,0107,25047.523.09$70,378
Aug 20171,0767,73345.373.00$72,051
Jul 20171,0287,85043.873.09$69,334
Jun 20171,2189,46142.493.09$80,962
May 20171,23710,55545.373.26$90,568
Apr 20171,24510,10947.933.21$92,139
Mar 20171,2568,23046.772.98$83,299
Feb 20171,3118,88150.452.95$92,362
Jan 20171,56810,23149.413.42$112,453
Dec 20161,7089,72848.763.72$119,498
Nov 20161,69510,27942.492.64$99,202
Oct 20161,5847,46646.193.09$96,237
Sep 20163531,80141.553.10$20,251
Aug 20161,6719,24141.442.92$96,270
Jul 20161,8389,88841.622.92$105,413
Jun 20161,9339,92545.352.69$114,318
May 20161,9749,69142.521.99$103,230
Apr 20162,17810,68336.561.99$100,898
Mar 20162,11811,09033.011.79$89,811
Feb 20161,9908,29726.472.06$69,797
Jan 20162,35611,04327.352.36$90,546
Dec 20152,80111,26232.362.00$113,180
Nov 20152,5209,77838.792.17$118,943
Oct 20153,34812,58943.552.43$176,354
Sep 20154,30914,82542.992.76$226,137
Aug 20154,4967,71040.162.87$202,706
Jul 20156,0597,00648.152.95$312,374
Jun 20153,1422,87656.152.88$184,714
May 201562155.212.96$3,426
Apr 201590469549.822.71$46,918
Mar 201556142.892.93$2,405
Feb 201564144.662.98$2,861
Jan 20156,75426,86243.433.10$376,615
Dec 20147,29318,13554.693.59$463,983

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           107 bbl  × $106.41 =    $11,386
Gas                  434 Mcf  × $  3.05 =     $1,322

────────────────────────────────────────────────────
Month total                                  $12,708

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. 01/G/278917 is the state's own key, not one this site invented.