VALLEY WELLS HC5 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 301186District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.1 M
Aug 2018 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
94
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-1112026-04-08238914

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
CondensateDisposition431,791 bbl$25,626,307
GasProduction1,323,558 Mcf$4,490,672
Total$30,116,979

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 28.4752, -99.4552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47517, -99.45517 · 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
7,835 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 7,835 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-12737872A 6H7,835 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 20261,2745,883106.413.05$153,485
Apr 20261,2575,70498.932.87$140,724
Mar 20261,3516,44289.753.15$141,541
Feb 20261,2285,45563.503.75$98,436
Jan 20261,3776,23159.138.00$131,257
Dec 20251,4926,18556.664.41$111,833
Nov 20251,3495,64958.593.93$101,218
Oct 20251,4874,98059.383.30$104,756
Sep 20251,4185,82862.743.08$106,898
Aug 20251,5486,83563.933.01$119,570
Jul 20251,5576,74766.743.32$126,282
Jun 20251,5836,48166.483.13$125,515
May 20251,6777,02060.553.23$124,233
Apr 20251,7487,25262.363.54$134,700
Mar 20252,1368,19567.704.27$179,586
Feb 20251,2363,23470.884.34$101,646
Jan 20251,3725,71774.324.28$126,428
Dec 20241,9596,13468.993.12$154,298
Nov 20241,2784,63569.052.20$98,436
Oct 20242,2497,14671.372.28$176,814
Sep 20241,4152,53769.612.36$104,497
Aug 20244571,14675.632.06$36,928
Jul 20241,7438,88079.932.15$158,380
Jun 20241,4457,16378.082.63$131,693
May 20241,4946,51378.812.20$132,061
Apr 20241,3606,73084.451.66$126,018
Mar 20241,5377,15780.301.55$134,480
Feb 20241,4136,37776.091.78$118,889
Jan 20241,4357,27273.023.30$128,764
Dec 20231,9359,11071.262.61$161,672
Nov 20239393,94377.892.81$84,209
Oct 20231,6507,80285.443.09$165,063
Sep 20231,8379,29989.042.74$189,000
Aug 20231,74110,85280.522.67$169,191
Jul 20231,95010,69374.852.64$174,206
Jun 20232,08310,77968.962.26$167,988
May 20232,0679,38570.622.23$166,876
Apr 20231,4777,07678.122.24$131,218
Mar 20232,09710,17872.852.39$177,124
Feb 20231,98510,17475.112.47$174,179
Jan 20232,40311,29276.533.39$222,156
Dec 20221,99910,77276.415.73$214,457
Nov 20221,79011,06185.005.65$214,603
Oct 20221,97411,75687.185.86$241,028
Sep 20221,99712,09684.888.16$268,253
Aug 20222,36913,74394.529.13$349,352
Jul 20222,21112,428101.587.54$318,326
Jun 20222,28814,050115.097.98$375,406
May 20222,58014,542109.378.43$404,808
Apr 20222,65211,178104.226.84$352,822
Mar 20221,9319,078108.885.08$256,331
Feb 20222,2359,30791.054.86$248,718
Jan 20222,0869,61181.844.54$214,330
Dec 20212,18012,12371.323.90$202,747
Nov 20212,46213,39077.435.24$260,754
Oct 20212,41812,59379.795.71$264,887
Sep 20212,93315,02169.865.35$285,276
Aug 20212,40315,83766.024.22$225,488
Jul 20213,18710,66370.783.98$268,037
Jun 20212,2985,53669.493.38$178,403
May 20212,7986,98863.483.02$198,705
Apr 20212,9217,73660.362.76$197,651
Mar 20212,24210,40461.302.72$165,702
Feb 20213,5009,69557.805.55$256,087
Jan 20212,64112,78550.412.81$169,062
Dec 20202,22016,24544.642.68$142,564
Nov 20202,64816,81238.772.71$148,166
Oct 20202,09210,10736.972.48$102,391
Sep 20203,33518,16437.091.99$159,860
Aug 20202,99020,05439.982.39$167,371
Jul 20204,32419,70238.371.83$201,870
Jun 20203,98715,28434.901.69$164,981
May 20205,06122,71016.921.81$126,845
Apr 20205,00120,72514.751.80$111,161
Mar 20204,63715,96530.341.86$170,321
Feb 20204,48217,49049.881.98$258,204
Jan 20205,28022,04857.252.09$348,465
Dec 20195,63224,69759.012.30$389,255
Nov 20194,90720,64155.302.75$328,134
Oct 20196,56528,09653.472.42$418,982
Sep 20197,18528,06755.052.66$470,116
Aug 20197,76127,91653.112.30$476,515
Jul 20198,26229,48256.272.46$537,430
Jun 20198,86723,44952.782.49$526,416
May 20199,42333,96758.482.74$644,137
Apr 20199,98833,78462.632.75$718,478
Mar 201912,34238,68456.803.06$819,480
Feb 201913,71739,96650.852.79$809,103
Jan 201916,99950,45046.033.23$945,326
Dec 201821,53055,11546.594.19$1,233,763
Nov 201836,02343,76152.934.24$2,092,123
Oct 201838,34434,13361.443.40$2,471,842
Sep 201828,27720,67159.543.11$1,747,858
Aug 201826,77816,86959.403.07$1,642,343

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         1,274 bbl  × $106.41 =   $135,566
Gas                5,883 Mcf  × $  3.05 =    $17,919

────────────────────────────────────────────────────
Month total                                 $153,485

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/301186 is the state's own key, not one this site invented.