VALLEY WELLS UNIT 27 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 300428District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.7 M
Sep 2019 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
81
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
NGPA1none
ST-1112025-12-12236828

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
CondensateDisposition410,533 bbl$24,827,306
GasProduction1,498,031 Mcf$4,845,846
Total$29,673,151

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 28.4147, -99.4386. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41474, -99.43858 · 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
8,016 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 8,016 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-12738172U 1H8,016 ftSep 2019

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 (81)

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

81 months

May 20261,8188,935106.413.05$220,668
Apr 20261,8178,51498.932.87$204,189
Mar 20261,8749,22589.753.15$197,245
Feb 20261,6718,16163.503.75$136,715
Jan 20261,8738,96159.138.00$182,420
Dec 20251,9988,77656.664.41$151,938
Nov 20251,8019,07658.593.93$141,157
Oct 20251,9799,41559.383.30$148,628
Sep 20251,8988,96162.743.08$146,653
Aug 20252,0129,06763.933.01$155,962
Jul 20252,0599,46666.743.32$168,799
Jun 20252,0988,89066.483.13$167,289
May 20252,0218,87660.553.23$151,062
Apr 20252,16410,01662.363.54$170,435
Mar 20252,2169,58567.704.27$190,935
Feb 20252,0188,14270.884.34$178,379
Jan 20252,1319,28074.324.28$198,082
Dec 20242,37611,48268.993.12$199,760
Nov 20242,34210,45369.052.20$184,695
Oct 20242,27310,06271.372.28$185,179
Sep 20242,23510,69269.612.36$180,858
Aug 20242,48911,98275.632.06$212,969
Jul 20242,2889,96379.932.15$204,266
Jun 20242,41211,10378.082.63$217,574
May 20242,86412,89178.812.20$254,052
Apr 20242,21610,01984.451.66$203,765
Mar 20242,67811,00380.301.55$232,044
Feb 20242,4429,73476.091.78$203,174
Jan 20242,6619,96973.023.30$227,181
Dec 20232,60110,07171.262.61$211,640
Nov 20232,2029,01377.892.81$196,818
Oct 20232,81210,49585.443.09$272,658
Sep 20232,66111,50089.042.74$268,388
Aug 20232,73212,91380.522.67$254,496
Jul 20232,84113,79074.852.64$249,079
Jun 20233,07413,98668.962.26$243,570
May 20233,52015,26770.622.23$282,588
Apr 20232,35611,97678.122.24$210,850
Mar 20233,12914,87372.852.39$263,541
Feb 20232,85113,63075.112.47$247,746
Jan 20233,26616,21176.533.39$304,865
Dec 20223,51314,34976.415.73$350,635
Nov 20223,59813,38785.005.65$381,416
Oct 20223,54311,77287.185.86$377,907
Sep 20223,15511,57684.888.16$362,299
Aug 20223,78514,01194.529.13$485,639
Jul 20224,00716,194101.587.54$529,168
Jun 20224,14117,232115.097.98$614,051
May 20223,86913,843109.378.43$539,891
Apr 20223,49113,005104.226.84$452,755
Mar 20223,86316,690108.885.08$505,329
Feb 20223,58716,31691.054.86$405,873
Jan 20223,53316,71581.844.54$364,988
Dec 20214,15219,23971.323.90$371,136
Nov 20214,35819,35377.435.24$438,789
Oct 20214,42218,65279.795.71$459,406
Sep 20214,76721,15469.865.35$446,216
Aug 20214,63022,93266.024.22$402,459
Jul 20214,95723,71070.783.98$445,272
Jun 20214,82921,20969.493.38$407,267
May 20215,45723,78463.483.02$418,183
Apr 20215,40924,24760.362.76$393,371
Mar 20216,33325,79161.302.72$458,286
Feb 20215,12720,91157.805.55$412,354
Jan 20216,70527,93150.412.81$416,493
Dec 20206,59330,90144.642.68$376,986
Nov 20207,07332,45638.772.71$362,065
Oct 20207,04326,04836.972.48$324,938
Sep 20208,12932,09437.091.99$365,405
Aug 20209,16435,97639.982.39$452,183
Jul 20209,93841,10138.371.83$456,335
Jun 202011,45135,21234.901.69$459,159
May 20207,14424,31316.921.81$164,999
Apr 202011,99046,99114.751.80$261,642
Mar 202012,16751,50330.341.86$464,748
Feb 202015,08647,79449.881.98$847,154
Jan 202019,34955,46557.252.09$1,223,915
Dec 201925,52262,71559.012.30$1,650,571
Nov 201930,96160,20055.302.75$1,877,735
Oct 201926,92334,83553.472.42$1,523,823
Sep 20190055.052.66$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 2026 — as filed, then multipliedworked
Condensate         1,818 bbl  × $106.41 =   $193,453
Gas                8,935 Mcf  × $  3.05 =    $27,215

────────────────────────────────────────────────────
Month total                                 $220,668

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/300428 is the state's own key, not one this site invented.