VALLEY WELLS UNIT 18 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 18481District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$21.1 M
May 2015 – May 2026
Value, last 12 filed months
$785 k
at the published price for each month
Months reported
133
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
OilDisposition353,619 bbl$17,653,023
Casinghead gasProduction1,133,712 Mcf$3,432,016
Total$21,085,039

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 28.4152, -99.4830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.41522, -99.48301 · 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
7,749 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 7,736 and 7,762 ft, median 7,749 ft, over the 2 wells that filed a depth.

Completions filed
May 2015
2 of 2 wells

2 wells

42-12736754Q 8H7,736 ftMay 2015
42-12736750Q 9H7,762 ftMay 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 (133)

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

133 months

May 20267478,266106.413.05$104,665
Apr 20266137,45198.932.87$82,026
Mar 20268858,99389.753.15$107,752
Feb 20261,9586,57663.503.75$148,995
Jan 20268284,79959.138.00$87,342
Dec 20252834,53756.664.41$36,058
Nov 20252584,19558.593.93$31,588
Oct 20252274,13459.383.30$27,141
Sep 20252813,21062.743.08$27,507
Aug 20253693,51563.933.01$34,187
Jul 20254434,65466.743.32$44,995
Jun 20255335,48066.483.13$52,579
May 20255636,21360.553.23$54,172
Apr 20257266,15562.363.54$67,081
Mar 20257446,31667.704.27$77,328
Feb 20257055,64670.884.34$74,479
Jan 20257816,17874.324.28$84,478
Dec 20248056,55568.993.12$75,998
Nov 20248326,34469.052.20$71,397
Oct 20248096,91571.372.28$73,514
Sep 20248136,39069.612.36$71,701
Aug 20248316,58875.632.06$76,444
Jul 20248486,48679.932.15$81,703
Jun 20248726,76178.082.63$85,894
May 20241,1027,16178.812.20$102,592
Apr 20241,1246,83384.451.66$106,259
Mar 20241,2373,73580.301.55$105,102
Feb 20246171,55076.091.78$49,712
Jan 20245142,48373.023.30$45,720
Dec 20231901,04371.262.61$16,262
Nov 20234082,17577.892.81$37,886
Oct 20234101,92885.443.09$40,983
Sep 20233751,59289.042.74$37,744
Aug 20234351,73980.522.67$39,674
Jul 20234751,89774.852.64$40,565
Jun 20234231,99768.962.26$33,680
May 20234322,39270.622.23$35,836
Apr 20233782,02778.122.24$34,065
Mar 20239474,71572.852.39$80,273
Feb 20238653,77175.112.47$74,268
Jan 20231,0134,21976.533.39$91,818
Dec 20221,0243,45776.415.73$98,049
Nov 20228583,11985.005.65$90,541
Oct 20228393,53787.185.86$93,884
Sep 20229014,92084.888.16$116,642
Aug 20228875,58594.529.13$134,814
Jul 20221,0246,699101.587.54$154,542
Jun 20221,0796,115115.097.98$172,963
May 20221,0524,934109.378.43$156,666
Apr 20229175,037104.226.84$130,011
Mar 20221,0545,342108.885.08$141,878
Feb 20221,0424,15991.054.86$115,082
Jan 20229253,22281.844.54$90,322
Dec 20211,1104,31971.323.90$96,006
Nov 20211,4644,40077.435.24$136,400
Oct 20211,4464,29979.795.71$139,940
Sep 20211,3434,84069.865.35$119,720
Aug 20211,8894,91666.024.22$145,460
Jul 20211,8845,06270.783.98$153,507
Jun 20211,9455,27069.493.38$152,974
May 20212,0797,22963.483.02$153,790
Apr 20212,2167,76060.362.76$155,163
Mar 20212,4717,00261.302.72$170,496
Feb 20211,4114,75757.805.55$107,947
Jan 20211,5897,21850.412.81$100,386
Dec 20201,2404,85244.642.68$68,335
Nov 20201,3235,02638.772.71$64,896
Oct 20206162,81636.972.48$29,753
Sep 20208224,67837.091.99$39,802
Aug 20209984,72539.982.39$51,170
Jul 20201,1134,34538.371.83$50,636
Jun 20201,0264,32534.901.69$43,118
May 20201,0173,99416.921.81$24,456
Apr 20201,1914,06814.751.80$24,907
Mar 20201,3535,28030.341.86$50,851
Feb 20201,2433,72149.881.98$69,371
Jan 20201,4003,86757.252.09$88,250
Dec 20191,4184,17259.012.30$93,290
Nov 20191,5924,47155.302.75$100,336
Oct 20191,6265,36553.472.42$99,918
Sep 20191,8135,23555.052.66$113,717
Aug 20191,3835,46853.112.30$86,051
Jul 20191,5835,16356.272.46$101,777
Jun 20191,3124,43952.782.49$80,306
May 20192,9375,67158.482.74$187,296
Apr 20191,4765,17462.632.75$106,674
Mar 20191,5018,42556.803.06$111,055
Feb 20191,7226,35550.852.79$105,308
Jan 20191,9043,48146.033.23$98,878
Dec 20184,5474,59746.594.19$231,085
Nov 20184713,97452.934.24$41,769
Oct 20183652,72261.443.40$31,675
Sep 20185024,39959.543.11$43,561
Aug 20181,4583,94259.403.07$98,694
Jul 20181,45714,48165.142.93$137,366
Jun 20181,85916,34160.183.08$162,155
May 20182,04516,16765.382.90$180,599
Apr 20182,18711,33063.842.90$172,484
Mar 20182,64911,79461.222.79$195,040
Feb 20182,0919,09561.782.77$154,340
Jan 20182,67211,52562.874.01$214,196
Dec 20172,81611,71357.272.92$195,492
Nov 20173,54513,75055.423.12$239,341
Oct 20173,0737,07449.292.98$172,575
Sep 20172,95310,08347.523.09$171,456
Aug 20173,64513,76845.373.00$206,738
Jul 20173,90416,14343.873.09$221,106
Jun 20174,19316,56042.493.09$229,286
May 20174,40016,70745.373.26$254,150
Apr 20174,58715,75547.933.21$270,454
Mar 20174,71815,73246.772.98$267,600
Feb 20174,72914,56550.452.95$281,583
Jan 20174,91111,56449.413.42$282,188
Dec 20163,89910,54248.763.72$229,361
Nov 20165,25114,16042.492.64$260,559
Oct 20165,87513,73846.193.09$313,820
Sep 20166,07111,77041.553.10$288,744
Aug 20166,59510,20241.442.92$303,131
Jul 20167,5347,16441.622.92$334,515
Jun 20165,73882345.352.69$262,429
May 20163,94414,34942.521.99$196,268
Apr 20167,66427,70036.561.99$335,348
Mar 20168,40830,43833.011.79$332,154
Feb 20168,64733,24026.472.06$297,481
Jan 201611,16638,43327.352.36$396,260
Dec 201510,29727,15132.362.00$387,551
Nov 201512,97635,06738.792.17$579,341
Oct 201514,81633,87043.552.43$727,425
Sep 201514,32733,24142.992.76$707,610
Aug 201516,80533,02640.162.87$769,756
Jul 201519,91532,72648.152.95$1,055,288
Jun 201513,08014,81756.152.88$777,157
May 20157,0775,54655.212.96$407,112

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                  747 bbl  × $106.41 =    $79,488
Casinghead gas     8,266 Mcf  × $  3.05 =    $25,177

────────────────────────────────────────────────────
Month total                                 $104,665

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/18481 is the state's own key, not one this site invented.