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VALLEY WELLS HC4 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 300624District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.9 M
Aug 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
condensate, gas

The BRISCOE RANCH (EAGLEFORD) field

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-1112025-12-31236800

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
CondensateDisposition531,084 bbl$31,167,989
GasProduction1,714,032 Mcf$5,697,925
Total$36,865,914

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 28.4755, -99.4582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47549, -99.45815 · 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
7,815 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 7,815 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-12737871A 5H7,815 ftAug 2018——

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 (94)

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

94 months

May 20261,5149,150106.413.05$188,974
Apr 20261,4128,66598.932.87$164,555
Mar 20261,5248,48989.753.15$163,515
Feb 20261,3007,35763.503.75$110,141
Jan 20261,4507,79959.138.00$148,114
Dec 20251,5908,12056.664.41$125,926
Nov 20251,4137,49558.593.93$112,216
Oct 20251,5487,26559.383.30$115,930
Sep 20251,5147,80762.743.08$119,010
Aug 20251,6179,20663.933.01$131,129
Jul 20251,6539,16866.743.32$140,715
Jun 20251,7758,70866.483.13$145,247
May 20251,9938,82160.553.23$149,188
Apr 20251,7486,07262.363.54$130,519
Mar 20251,5164,88267.704.27$123,471
Feb 20251,5295,36170.884.34$131,647
Jan 20251,6415,16474.324.28$144,054
Dec 20241,7335,52368.993.12$136,799
Nov 20241,7435,16069.052.20$131,698
Oct 20241,6374,97871.372.28$128,190
Sep 20241,4914,29469.612.36$113,941
Aug 20243811,46375.632.06$31,834
Jul 20241,6967,31579.932.15$151,264
Jun 20241,6937,15078.082.63$151,022
May 20241,9287,94178.812.20$169,403
Apr 20241,5726,41584.451.66$143,399
Mar 20241,8907,88580.301.55$163,950
Feb 20241,8908,31476.091.78$158,639
Jan 20242,0298,74873.023.30$177,006
Dec 20232,1088,61271.262.61$172,700
Nov 20231,1515,57477.892.81$105,301
Oct 20231,9269,08085.443.09$192,590
Sep 20231,8569,96489.042.74$192,510
Aug 20232,21012,48680.522.67$211,323
Jul 20232,49412,90074.852.64$220,755
Jun 20232,66111,96768.962.26$210,530
May 20232,32912,69570.622.23$192,751
Apr 20231,8669,03378.122.24$165,986
Mar 20232,53013,10772.852.39$215,678
Feb 20232,20812,60375.112.47$196,918
Jan 20232,66314,66076.533.39$253,463
Dec 20221,99813,60876.415.73$230,629
Nov 20222,47814,22885.005.65$290,964
Oct 20222,91815,59987.185.86$345,860
Sep 20222,83314,79084.888.16$361,206
Aug 20223,11515,68094.529.13$437,544
Jul 20222,90514,333101.587.54$403,191
Jun 20223,01615,068115.097.98$467,312
May 20223,29215,940109.378.43$494,469
Apr 20222,97611,543104.226.84$389,085
Mar 20222,2717,511108.885.08$285,395
Feb 20222,7009,60091.054.86$292,480
Jan 20222,4408,12881.844.54$236,572
Dec 20212,7959,92371.323.90$238,030
Nov 20213,12112,48377.435.24$307,031
Oct 20213,19714,24779.795.71$336,494
Sep 20213,29816,96569.865.35$321,177
Aug 20213,07618,12266.024.22$279,563
Jul 20213,41317,29770.783.98$310,450
Jun 20212,58314,95669.493.38$230,053
May 20213,58819,70463.483.02$287,226
Apr 20213,67720,25660.362.76$277,818
Mar 20214,20420,42161.302.72$313,188
Feb 20213,37716,37357.805.55$286,027
Jan 20214,21920,30350.412.81$269,737
Dec 20204,58620,42644.642.68$259,368
Nov 20205,54923,70938.772.71$279,305
Oct 20203,68117,22436.972.48$178,775
Sep 20205,22825,29337.091.99$244,266
Aug 20205,30222,73339.982.39$266,194
Jul 20206,00127,88938.371.83$281,159
Jun 20205,24524,73334.901.69$224,857
May 20206,24927,16716.921.81$155,034
Apr 20205,92323,65014.751.80$130,038
Mar 20206,00823,84730.341.86$226,548
Feb 20205,69623,96749.881.98$331,587
Jan 20206,78130,66957.252.09$452,456
Dec 20197,70333,31159.012.30$531,315
Nov 20197,98634,92155.302.75$537,683
Oct 20199,31240,15753.472.42$595,034
Sep 20199,66840,18755.052.66$639,012
Aug 20197,90528,08853.112.30$484,559
Jul 201910,39640,01556.272.46$683,422
Jun 201911,11032,70452.782.49$667,858
May 201911,57050,83058.482.74$815,904
Apr 201913,45846,03062.632.75$969,489
Mar 201915,14349,96456.803.06$1,013,117
Feb 201919,31247,26750.852.79$1,113,995
Jan 201923,12764,37346.033.23$1,272,343
Dec 201832,59969,45146.594.19$1,809,470
Nov 201838,25658,78452.934.24$2,273,972
Oct 201839,33946,42561.443.40$2,574,744
Sep 201831,80825,59659.543.11$1,973,401
Aug 201830,23120,14859.403.07$1,857,506

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         1,514 bbl  × $106.41 =   $161,105
Gas                9,150 Mcf  × $  3.05 =    $27,869

────────────────────────────────────────────────────
Month total                                 $188,974

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/300624 is the state's own key, not one this site invented.