VALLEY WELLS UNIT 11 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 279661District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Nov 2014 – May 2026
Value, last 12 filed months
$493 k
at the published price for each month
Months reported
139
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 Gas112016-06-21218710
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
CondensateDisposition122,388 bbl$6,312,153
GasProduction715,812 Mcf$2,211,026
Total$8,523,180

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 28.4425, -99.4961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44248, -99.49610 · 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
7,603 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 7,603 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-12735529O 1H7,603 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 (139)

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

139 months

May 20263604,346106.413.05$51,545
Apr 20263103,49698.932.87$40,701
Mar 20263703,84989.753.15$45,330
Feb 20263513,49663.503.75$35,400
Jan 20264194,65459.138.00$61,998
Dec 20254503,87956.664.41$42,616
Nov 20253703,69758.593.93$36,194
Oct 20253973,76459.383.30$36,013
Sep 20253713,61862.743.08$34,409
Aug 20253463,40563.933.01$32,385
Jul 20253614,04466.743.32$37,500
Jun 20254083,78066.483.13$38,950
May 20253773,52160.553.23$34,208
Apr 20253433,49262.363.54$33,762
Mar 20253423,79567.704.27$39,352
Feb 20253342,94470.884.34$36,453
Jan 20256502,89574.324.28$60,695
Dec 20241522,62368.993.12$18,674
Nov 2024702,12769.052.20$9,510
Oct 2024672,85171.372.28$11,286
Sep 20241483,96469.612.36$19,675
Aug 20241273,37075.632.06$16,559
Jul 20241903,78079.932.15$23,301
Jun 20241683,30578.082.63$21,823
May 20243164,64178.812.20$35,107
Apr 20242834,90284.451.66$32,033
Mar 20245435,31780.301.55$51,818
Feb 20246044,29476.091.78$53,617
Jan 20246564,75373.023.30$63,575
Dec 20236214,52671.262.61$56,069
Nov 20234294,63077.892.81$46,414
Oct 20234534,57085.443.09$52,813
Sep 2023845,83489.042.74$23,436
Aug 20231943,96680.522.67$26,222
Jul 20232083,80274.852.64$25,613
Jun 20232653,67668.962.26$26,577
May 20231473,80770.622.23$18,861
Apr 2023731,76478.122.24$9,650
Mar 2023603,50972.852.39$12,769
Feb 20233066,30875.112.47$38,537
Jan 20233984,96876.533.39$47,289
Dec 20224584,41776.415.73$60,301
Nov 20224154,04485.005.65$58,108
Oct 20223993,45687.185.86$55,050
Sep 20222781,80184.888.16$38,299
Aug 20222732,21094.529.13$45,975
Jul 20224253,432101.587.54$69,056
Jun 20222692,591115.097.98$51,628
May 20223122,941109.378.43$58,925
Apr 20223032,931104.226.84$51,620
Mar 20223553,526108.885.08$56,552
Feb 20223432,85891.054.86$45,117
Jan 20222822,33381.844.54$33,665
Dec 20213542,89471.323.90$36,531
Nov 20212922,36677.435.24$35,000
Oct 20213082,62579.795.71$39,574
Sep 20213562,99469.865.35$40,891
Aug 20213663,50766.024.22$38,965
Jul 20213603,44670.783.98$39,203
Jun 20213883,63769.493.38$39,257
May 20214113,82863.483.02$37,642
Apr 20214023,07460.362.76$32,744
Mar 20214983,24961.302.72$39,355
Feb 20213772,03757.805.55$33,092
Jan 20213721,42450.412.81$22,754
Dec 20205313,16944.642.68$32,182
Nov 20206513,66538.772.71$35,159
Oct 20204343,37336.972.48$24,405
Sep 20205614,23537.091.99$29,240
Aug 20206194,34939.982.39$35,120
Jul 20206223,76338.371.83$30,734
Jun 20204193,15134.901.69$19,949
May 20205194,02716.921.81$16,089
Apr 20205373,28214.751.80$13,843
Mar 20206635,48830.341.86$30,302
Feb 20204243,43749.881.98$27,957
Jan 20206434,11157.252.09$45,423
Dec 20197174,93659.012.30$53,684
Nov 20197243,90255.302.75$50,770
Oct 20196213,96553.472.42$42,794
Sep 20196474,74955.052.66$48,237
Aug 20195102,98053.112.30$33,953
Jul 20195704,31156.272.46$42,679
Jun 20196154,74852.782.49$44,288
May 20197124,90058.482.74$55,065
Apr 20197036,19162.632.75$61,058
Mar 20197725,04556.803.06$59,298
Feb 20197332,23350.852.79$43,508
Jan 20197314,10946.033.23$46,913
Dec 20187614,51846.594.19$54,365
Nov 20189376,19552.934.24$75,845
Oct 20182911,51561.443.40$23,027
Sep 20186014,22059.543.11$48,899
Aug 20187595,39459.403.07$61,626
Jul 20186795,59965.142.93$60,646
Jun 20188305,86560.183.08$67,996
May 20189015,89365.382.90$76,002
Apr 20189016,73963.842.90$77,068
Mar 20189728,03961.222.79$81,909
Feb 20186033,55961.782.77$47,098
Jan 20188696,42662.874.01$80,398
Dec 20179577,43957.272.92$76,541
Nov 20179306,77255.423.12$72,658
Oct 20171,0077,15249.292.98$70,974
Sep 20178265,55147.523.09$56,389
Aug 20171,0348,41645.373.00$72,198
Jul 20171,21511,11843.873.09$87,626
Jun 20178816,78642.493.09$58,384
May 20178036,88245.373.26$58,891
Apr 20171,0447,02847.933.21$72,610
Mar 20171,2288,88946.772.98$83,955
Feb 20171,2767,98250.452.95$87,942
Jan 20171,3057,97049.413.42$91,728
Dec 20161,5836,25948.763.72$100,488
Nov 20161,6449,12142.492.64$93,973
Oct 20161,9399,43946.193.09$118,731
Sep 20162,05410,31741.553.10$117,333
Aug 20162,06510,46541.442.92$116,177
Jul 20162,15211,00741.622.92$121,754
Jun 20162,20411,12745.352.69$129,837
May 20162,37011,72142.521.99$124,109
Apr 20162,51911,98236.561.99$115,951
Mar 20162,53411,22033.011.79$103,776
Feb 20162,63711,56226.472.06$93,661
Jan 20162,88811,32527.352.36$105,763
Dec 20153,21413,11632.362.00$130,256
Nov 20152,93212,92538.792.17$141,745
Oct 20153,05911,43543.552.43$160,967
Sep 20154,24114,30942.992.76$221,791
Aug 20154,7277,36940.162.87$211,004
Jul 20154,3704,59748.152.95$223,954
Jun 201588763956.152.88$51,647
May 20152448555.212.96$13,722
Apr 20151025749.822.71$5,236
Mar 20150042.892.93$0
Feb 201571144.662.98$3,174
Jan 20153,84313,77343.433.10$209,606
Dec 20144,62211,89854.693.59$295,507
Nov 20145,48214,41470.464.25$447,548

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           360 bbl  × $106.41 =    $38,308
Gas                4,346 Mcf  × $  3.05 =    $13,237

────────────────────────────────────────────────────
Month total                                  $51,545

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/279661 is the state's own key, not one this site invented.