VALLEY WELLS UNIT 5 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.

Oil lease lease 18438District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.1 M
Apr 2015 – May 2026
Value, last 12 filed months
$359 k
at the published price for each month
Months reported
134
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 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

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
OilDisposition152,960 bbl$7,636,444
Casinghead gasProduction848,085 Mcf$2,446,129
Total$10,082,572

Wells on this lease (2)

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 28.4454, -99.4892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.44537, -99.48918 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,609 ft
2 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.
2100.0%

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

Between 7,601 and 7,617 ft, median 7,609 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015
2 of 2 wells

2 wells

42-12736639N 2H7,601 ftApr 2015
42-12736640N 3H7,617 ftApr 2015

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 (134)

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

134 months

May 2026292161106.413.05$31,562
Apr 20263111,41598.932.87$34,828
Mar 20263281,29989.753.15$33,529
Feb 20263091,42163.503.75$24,951
Jan 20263581,79759.138.00$35,541
Dec 20253472,06856.664.41$28,788
Nov 20253382,22958.593.93$28,555
Oct 20253551,93859.383.30$27,485
Sep 20253181,60762.743.08$24,896
Aug 20253491,87263.933.01$27,955
Jul 20253551,87866.743.32$29,919
Jun 20253841,85166.483.13$31,320
May 20253931,66060.553.23$29,162
Apr 20253531,28662.363.54$26,570
Mar 20254351,49367.704.27$35,822
Feb 20253411,86570.884.34$32,266
Jan 20255292,34874.324.28$49,362
Dec 20244012,28668.993.12$34,800
Nov 20243862,11469.052.20$31,301
Oct 20244262,39171.372.28$35,858
Sep 20244152,20569.612.36$34,102
Aug 20244782,32275.632.06$40,943
Jul 20245122,30879.932.15$45,878
Jun 20242602,93478.082.63$28,029
May 20245134,89778.812.20$51,195
Apr 20244784,23584.451.66$47,394
Mar 20246324,34880.301.55$57,468
Feb 20245992,15076.091.78$49,413
Jan 20242081,65673.023.30$20,649
Dec 20233232,13871.262.61$28,599
Nov 20233862,06277.892.81$35,855
Oct 20232131,16185.443.09$21,783
Sep 20232262,00589.042.74$25,607
Aug 20233522,12080.522.67$34,010
Jul 202317372874.852.64$14,872
Jun 20233031,42068.962.26$24,102
May 202322971370.622.23$17,760
Apr 20232041,37278.122.24$19,007
Mar 20232551,51972.852.39$22,212
Feb 20232601,73475.112.47$23,804
Jan 20234462,43076.533.39$42,365
Dec 20224111,95076.415.73$42,576
Nov 20223421,73585.005.65$38,866
Oct 20223952,39887.185.86$48,497
Sep 20223511,99384.888.16$46,063
Aug 20223832,90794.529.13$62,734
Jul 20223912,392101.587.54$57,758
Jun 20224701,577115.097.98$66,672
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 20212071.323.90$143
Nov 20211941,11177.435.24$20,840
Oct 20212341,92779.795.71$29,681
Sep 20212432,49869.865.35$30,343
Aug 20212082,61266.024.22$24,756
Jul 20213802,60470.783.98$37,266
Jun 202124970169.493.38$19,673
May 20213701,51763.483.02$28,065
Apr 20212761,25460.362.76$20,118
Mar 20213461,32061.302.72$24,796
Feb 202127129757.805.55$17,312
Jan 202137498050.412.81$21,607
Dec 202021967844.642.68$11,590
Nov 20204102,42938.772.71$22,470
Oct 20202962,06936.972.48$16,071
Sep 20204253,96437.091.99$23,656
Aug 20205993,72339.982.39$32,828
Jul 20207952,21938.371.83$34,554
Jun 20203481,00334.901.69$13,841
May 20205452,13316.921.81$13,092
Apr 20207305,12914.751.80$20,022
Mar 20208773,47030.341.86$33,049
Feb 20203662,94249.881.98$24,083
Jan 20206443,42457.252.09$44,041
Dec 20198773,66559.012.30$60,197
Nov 20193213,44355.302.75$27,222
Oct 20192101,99453.472.42$16,051
Sep 201922763955.052.66$14,194
Aug 20195073,02453.112.30$33,895
Jul 20195214,00556.272.46$39,169
Jun 20194783,69352.782.49$34,429
May 20196074,80358.482.74$48,659
Apr 20196105,60762.632.75$53,627
Mar 20195655,88656.803.06$50,116
Feb 20197506,95850.852.79$57,566
Jan 20199838,46246.033.23$72,564
Dec 20187175,76846.594.19$57,547
Nov 20188527,91652.934.24$78,638
Oct 20182732,87161.443.40$26,529
Sep 201875412,83659.543.11$84,787
Aug 201892610,24659.403.07$86,424
Jul 20186868,73865.142.93$70,305
Jun 201891210,07160.183.08$85,872
May 201899911,77865.382.90$99,480
Apr 20181,14712,47663.842.90$109,415
Mar 20181,34013,59661.222.79$119,925
Feb 20188939,07161.782.77$80,261
Jan 20181,11811,29162.874.01$115,558
Dec 20171,22914,25057.272.92$112,016
Nov 20171,48216,23355.423.12$132,753
Oct 20178456,97149.292.98$62,449
Sep 20171,31710,56447.523.09$95,198
Aug 20171,30611,41045.373.00$93,533
Jul 20171,57112,45343.873.09$107,366
Jun 20171,49412,97542.493.09$103,538
May 20171,50713,92045.373.26$113,799
Apr 20171,74913,18847.933.21$126,184
Mar 20171,59611,92146.772.98$110,213
Feb 20171,51411,27350.452.95$109,666
Jan 20172,03513,55849.413.42$146,901
Dec 20162,07414,23348.763.72$154,115
Nov 20162,04413,69442.492.64$123,061
Oct 20162,21713,67046.193.09$144,647
Sep 20161,54411,74641.553.10$100,573
Aug 20162,30215,93741.442.92$142,000
Jul 20162,60116,51041.622.92$156,534
Jun 20162,61917,38245.352.69$165,457
May 20162,86819,06142.521.99$159,899
Apr 20162,99919,56636.561.99$148,600
Mar 20163,18119,56433.011.79$140,103
Feb 20163,12919,99726.472.06$124,091
Jan 20163,80923,06027.352.36$158,698
Dec 20153,75421,04532.362.00$163,599
Nov 20154,41827,58438.792.17$231,158
Oct 20155,11125,62043.552.43$284,753
Sep 20155,44021,11142.992.76$292,099
Aug 20158,77631,37340.162.87$442,563
Jul 201511,28324,40048.152.95$615,136
Jun 201513,78120,82156.152.88$833,827
May 20157,1747,57755.212.96$418,470
Apr 2015118949.822.71$561

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
Oil                  292 bbl  × $106.41 =    $31,072
Casinghead gas       161 Mcf  × $  3.05 =       $490

────────────────────────────────────────────────────
Month total                                  $31,562

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/18438 is the state's own key, not one this site invented.