VALENTA

Operated by BYRD OPERATING COMPANY (P-5 118748) in the PILGRIM (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12794District 01Field 71486100Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – Jun 2023
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
366
no gaps in the span
Streams
2
oil, casinghead 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 191 leases and 219 wells, and the rule below applies to all of them.

Discovered
1976-09-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-11-18.

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: CONSOLIDATED COST (AUSTIN CHALK) PER DOC. #01-97362 EFF. 3/1/92

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

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
OilDisposition49,574 bbl$1,757,866
Casinghead gasProduction6,651 Mcf$17,006
Total$1,774,872

3,151 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.3870, -97.4695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38700, -97.46951 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,665 ft
1 wells filed one
Completion to plug
32.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,665 ft.

Completions filed
Nov 1990
1 of 1 wells
Plug dates filed
Mar 2023
1 of 1 wells

Last completion to plug: a median of 32.3 years across the 1 well that filed both dates, with the middle half between 32.3 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-177304031X9,665 ftNov 1990Mar 2023Yes

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 (366)

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

366 months

Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022138084.888.16$11,713
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021164066.024.22$10,827
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021173061.302.72$10,605
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020161038.772.71$6,242
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020113038.371.83$4,336
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020163049.881.98$8,130
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019164053.472.42$8,769
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019165056.272.46$9,285
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201997056.803.06$5,510
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018164052.934.24$8,681
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018156065.142.93$10,162
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018167063.842.90$10,661
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017168057.272.92$9,621
Nov 20171055.423.12$55
Oct 20170049.292.98$0
Sep 2017171047.523.09$8,126
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017173045.373.26$7,849
Apr 20170047.933.21$0
Mar 2017173046.772.98$8,091
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016175048.763.72$8,533
Nov 20160042.492.64$0
Oct 2016173046.193.09$7,991
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016171041.622.92$7,117
Jun 2016174045.352.69$7,891
May 2016175042.521.99$7,441
Apr 2016173036.561.99$6,325
Mar 20160033.011.79$0
Feb 2016171026.472.06$4,526
Jan 2016337027.352.36$9,217
Dec 2015169032.362.00$5,469
Nov 2015169038.792.17$6,556
Oct 2015338043.552.43$14,720
Sep 20150042.992.76$0
Aug 2015170040.162.87$6,827
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015152055.212.96$8,392
Apr 20150049.822.71$0
Mar 20151042.892.93$43
Feb 2015166044.662.98$7,414
Jan 20151043.433.10$43
Dec 20140054.693.59$0
Nov 2014165070.464.25$11,626
Oct 20141078.303.90$78
Sep 2014190086.164.05$16,370
Aug 20141089.394.04$89
Jul 20140096.564.18$0
Jun 2014166098.164.74$16,295
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014179095.895.06$17,164
Feb 2014168097.406.19$16,363
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013183088.853.74$16,260
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131820104.253.52$18,974
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013174094.834.15$16,500
Apr 20130093.964.28$0
Mar 2013170093.623.91$15,915
Feb 20130091.233.42$0
Jan 2013174091.603.42$15,938
Dec 20120086.773.42$0
Nov 2012167086.953.62$14,521
Oct 20120089.383.40$0
Sep 2012187094.672.92$17,703
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012187079.822.52$14,926
May 20121091.612.49$92
Apr 201230101.652.00$305
Mar 20121730105.052.22$18,174
Feb 201200101.102.57$0
Jan 2012192098.092.73$18,833
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20111722583.623.99$14,482
Aug 201102583.404.15$104
Jul 201102594.144.52$113
Jun 20111702592.904.64$15,909
May 201102598.134.40$110
Apr 201116725105.964.33$17,804
Mar 201102596.364.06$101
Feb 201102585.644.18$105
Jan 20110086.504.59$0
Dec 2010172085.734.35$14,746
Nov 20100080.843.80$0
Oct 2010170078.103.51$13,277
Sep 20100072.633.98$0
Aug 2010118073.684.42$8,694
Jul 2010198072.554.74$14,365
Jun 2010169070.364.91$11,891
May 20100071.124.24$0
Apr 2010167081.694.12$13,642
Mar 20100078.394.39$0
Feb 2010170073.585.44$12,509
Jan 20100074.365.96$0
Dec 2009169071.445.48$12,073
Nov 20090074.593.75$0
Oct 2009167072.544.11$12,114
Sep 2009171065.543.06$11,207
Aug 20090067.423.22$0
Jul 2009167061.133.46$10,209
Jun 2009179066.163.90$11,843
May 20090054.743.93$0
Apr 2009169046.773.59$7,904
Mar 20090042.144.06$0
Feb 2009181032.814.63$5,939
Jan 2009194035.865.37$6,957
Dec 20080037.105.98$0
Nov 2008196055.496.86$10,876
Oct 2008180075.246.92$13,543
Sep 20081860101.767.88$18,927
Aug 200800114.228.48$0
Jul 20081720131.0811.39$22,546
Jun 20081850131.3313.03$24,296
May 20081830123.1711.57$22,540
Apr 200800110.3110.45$0
Mar 20081780101.909.66$18,138
Feb 2008185092.538.77$17,118
Jan 2008359090.388.21$32,446
Dec 200702588.337.30$183
Nov 20073652591.677.29$33,642
Oct 20071892582.856.92$15,832
Sep 20071872575.846.24$14,338
Aug 200702569.066.39$160
Jul 20071732570.906.39$12,425
Jun 200702562.007.55$189
May 20071882558.747.85$11,239
Apr 20071952559.617.81$11,819
Mar 20071812556.927.30$10,485
Feb 200702555.108.22$205
Jan 20071862550.306.73$9,524
Dec 200602556.656.92$173
Nov 20061752554.207.62$9,675
Oct 200602554.906.01$150
Sep 200602560.085.04$126
Aug 20061742568.717.34$12,139
Jul 20061752569.376.34$12,298
Jun 200602566.286.38$160
May 20061812566.016.42$12,108
Apr 20061712564.397.36$11,195
Mar 200602556.707.08$177
Feb 20061772557.597.75$10,387
Jan 200602560.598.93$223
Dec 20051892554.9413.42$10,719
Nov 200502554.6910.59$265
Oct 20051512558.3413.80$9,154
Sep 20051692561.4512.08$10,687
Aug 200502561.519.80$245
Jul 20051692555.697.84$9,608
Jun 20051712552.337.38$9,133
May 200502545.226.65$166
Apr 20051722549.207.36$8,646
Mar 200502550.377.15$179
Feb 20051712545.226.31$7,890
Jan 200502543.166.32$158
Dec 200402539.866.75$169
Nov 20041622545.286.33$7,494
Oct 200402549.706.52$163
Sep 20041752543.245.28$7,699
Aug 200402542.375.55$139
Jul 20041772538.286.08$6,928
Jun 200402536.106.43$161
May 20041722537.486.49$6,609
Apr 200402534.475.86$146
Mar 20041742534.365.53$6,117
Feb 20041742532.455.51$5,784
Jan 200402532.036.30$157
Dec 20031732530.266.30$5,393
Nov 200302528.804.60$115
Oct 20031772528.174.76$5,105
Sep 200322526.314.75$171
Aug 20031782529.765.13$5,426
Jul 200302529.415.17$129
Jun 20031802528.565.98$5,290
May 200302526.595.97$149
Apr 20031822526.675.41$4,989
Mar 200302531.146.10$152
Feb 20031822533.487.93$6,292
Jan 200302530.315.58$140
Dec 20021842526.914.85$5,073
Nov 20021802524.664.14$4,542
Oct 200202526.464.23$106
Sep 20021682527.443.64$4,701
Aug 20021682525.963.16$4,440
Jul 20021792524.583.06$4,476
Jun 20021782523.733.34$4,307
May 20021802524.663.58$4,528
Apr 200202523.653.51$88
Mar 20021822522.003.10$4,082
Feb 200202518.222.38$59
Jan 20021822517.172.38$3,184
Dec 20011762516.932.36$3,039
Nov 200132518.072.41$114
Oct 20011822519.782.53$3,663
Sep 200112524.262.25$81
Aug 20011812524.873.05$4,578
Jul 20011782523.933.20$4,339
Jun 200102524.563.82$96
May 20011922525.524.31$5,008
Apr 200102524.685.34$133
Mar 20011792524.545.38$4,527
Feb 20011842527.755.77$5,250
Jan 200102527.478.40$210
Dec 20001812526.889.12$5,093
Nov 20001852532.215.66$6,100
Oct 20001862531.235.15$5,937
Sep 200002531.875.19$130
Aug 20001882529.644.54$5,686
Jul 20001872528.534.09$5,437
Jun 200002529.304.40$110
May 20001702527.263.68$4,726
Apr 20001902524.513.12$4,735
Mar 20001822528.422.86$5,244
Feb 20001692527.622.73$4,736
Jan 200002525.272.48$62
Dec 19991792524.282.42$4,407
Nov 199902523.192.43$61
Oct 19991752520.982.80$3,742
Sep 199902521.752.62$65
Aug 19991792519.262.88$3,519
Jul 199902517.892.37$59
Jun 19993532515.942.36$5,686
May 19991822515.792.32$2,932
Apr 19991772515.102.21$2,728
Mar 19991812512.471.84$2,303
Feb 1999185259.981.82$1,892
Jan 199902510.381.90$48
Dec 1998183259.201.77$1,728
Nov 19981682510.892.19$1,884
Oct 19981792512.421.97$2,272
Sep 19981782512.592.08$2,293
Aug 19981742511.301.91$2,014
Jul 19981762511.742.24$2,122
Jun 19981762511.242.24$2,034
May 19983502512.622.21$4,472
Apr 19981772513.042.51$2,371
Mar 19983452512.802.31$4,474
Feb 19981792513.952.30$2,555
Jan 19981812514.702.15$2,715
Dec 19973562516.322.41$5,870
Nov 19971852518.193.09$3,442
Oct 19971822519.253.15$3,582
Sep 19973452517.742.95$6,194
Aug 19972742517.862.55$4,958
Jul 19973502517.582.25$6,209
Jun 19973492517.242.26$6,073
May 19971802518.972.31$3,472
Apr 19971812517.882.08$3,288
Mar 19973632518.951.94$6,927
Feb 19971692520.492.21$3,518
Jan 19971842523.483.54$4,409
Dec 19963522523.32$8,209
Nov 19961902521.97$4,174
Oct 19963482523.31$8,112
Sep 19963652522.22$8,110
Aug 19963722520.26$7,537
Jul 19961842519.55$3,597
Jun 19963682518.73$6,893
May 19963632519.43$7,053
Apr 19963622521.51$7,787
Mar 19964702519.38$9,109
Feb 19965352516.98$9,084
Jan 19961842517.07$3,141
Dec 19953532517.19$6,068
Nov 19953422516.00$5,472
Oct 19953656215.43$5,632
Sep 19953637416.18$5,873
Aug 199536912115.92$5,874
Jul 199517812315.24$2,713
Jun 19953577316.41$5,858
May 19951777917.56$3,108
Apr 19953463017.73$6,135
Mar 19951853616.44$3,041
Feb 19953694916.58$6,118
Jan 19953614215.92$5,747
Dec 19943062515.03$4,599
Nov 199434611215.90$5,501
Oct 199435414315.58$5,515
Sep 199437313115.29$5,703
Aug 19943555716.13$5,726
Jul 19945422517.56$9,518
Jun 19943623017.09$6,187
May 19943645615.88$5,780
Apr 19945406014.14$7,636
Mar 19945173512.46$6,442
Feb 19945515012.50$6,888
Jan 199435413212.66$4,482
Dec 199354615012.33$6,732
Nov 199353815214.49$7,796
Oct 199354314615.85$8,607
Sep 199352612715.03$7,906
Aug 19935186015.66$8,112
Jul 19933798415.46$5,859
Jun 19935378916.79$9,016
May 19936964117.68$12,305
Apr 199335310918.05$6,372
Mar 19935386018.14$9,759
Feb 19935388317.90$9,630
Jan 199353015516.93$8,973

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.

Sep 2022 — as filed, then multipliedworked
Oil                  138 bbl  × $ 84.88 =    $11,713
Casinghead gas         0 Mcf  × $  8.16 =         $0

────────────────────────────────────────────────────
Month total                                  $11,713

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/O/12794 is the state's own key, not one this site invented.