VALLEY WELLS UNIT 17 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 18483District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.9 M
May 2015 – May 2026
Value, last 12 filed months
$744 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
OilDisposition333,396 bbl$16,685,734
Casinghead gasProduction1,009,437 Mcf$3,207,990
Total$19,893,724

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 28.4356, -99.5030. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.43564, -99.50296 · 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
7,553 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 7,540 and 7,565 ft, median 7,553 ft, over the 2 wells that filed a depth.

Completions filed
May 2015 – Jun 2015
2 of 2 wells

2 wells

42-12736635Q 4H7,540 ftJun 2015
42-12736634Q 3H7,565 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 20266553,703106.413.05$80,977
Apr 20266263,87198.932.87$73,039
Mar 20265123,44989.753.15$56,814
Feb 20266464,05463.503.75$56,225
Jan 20267343,96459.138.00$75,105
Dec 20258113,84256.664.41$62,907
Nov 20257013,45158.593.93$54,622
Oct 20258403,78259.383.30$62,378
Sep 20256212,47262.743.08$46,568
Aug 20257753,19863.933.01$59,187
Jul 20258163,78866.743.32$67,018
Jun 20255763,54666.483.13$49,387
May 20258455,03560.553.23$67,439
Apr 20257334,43862.363.54$61,434
Mar 20258004,59067.704.27$73,752
Feb 20257684,02570.884.34$71,908
Jan 20257363,85874.324.28$71,207
Dec 20247894,20168.993.12$67,546
Nov 20248484,23169.052.20$67,856
Oct 20248864,36271.372.28$73,185
Sep 20246923,30369.612.36$55,980
Aug 20247314,09275.632.06$63,730
Jul 20241,1645,74879.932.15$105,377
Jun 20246513,58378.082.63$60,268
May 20248014,62478.812.20$73,292
Apr 20247844,22584.451.66$73,219
Mar 20247683,51480.301.55$67,100
Feb 20247974,17276.091.78$68,085
Jan 20248295,44473.023.30$78,486
Dec 20239606,79971.262.61$86,160
Nov 20236143,83177.892.81$58,580
Oct 20235024,05185.443.09$55,397
Sep 20236304,89089.042.74$69,470
Aug 20239346,38980.522.67$92,283
Jul 20239016,89874.852.64$85,663
Jun 20231,0087,65568.962.26$86,800
May 20236554,73670.622.23$56,805
Apr 20233762,60678.122.24$35,205
Mar 20237595,68172.852.39$68,889
Feb 20238475,77975.112.47$77,867
Jan 20237275,28976.533.39$73,555
Dec 20229886,42676.415.73$112,308
Nov 20227985,14385.005.65$96,868
Oct 20229697,68987.185.86$129,564
Sep 20228146,38584.888.16$121,217
Aug 20221,0217,40894.529.13$164,119
Jul 20227856,140101.587.54$126,049
Jun 20221,0317,837115.097.98$181,175
May 20221,3217,974109.378.43$211,723
Apr 20226393,288104.226.84$89,079
Mar 20225303,898108.885.08$77,494
Feb 20224914,64091.054.86$67,251
Jan 20228338,21781.844.54$105,459
Dec 20211,0779,98371.323.90$115,737
Nov 20211,07510,60277.435.24$138,758
Oct 20211,1849,64679.795.71$149,587
Sep 20211,0106,56469.865.35$105,682
Aug 20211,0548,62266.024.22$105,975
Jul 20211,1079,13570.783.98$114,730
Jun 20211,0648,38669.493.38$102,287
May 20211,23610,60163.483.02$110,452
Apr 20211,30810,57160.362.76$108,110
Mar 20211,96512,20561.302.72$153,615
Feb 20211,2848,39057.805.55$120,763
Jan 20211,5976,52350.412.81$98,836
Dec 20201,1606,53644.642.68$69,269
Nov 20201,1456,14238.772.71$61,015
Oct 20208634,99036.972.48$44,272
Sep 20209145,52937.091.99$44,909
Aug 20201,4348,99839.982.39$78,792
Jul 20201,7517,10838.371.83$80,159
Jun 20208202,77534.901.69$33,309
May 20201,4307,67816.921.81$38,129
Apr 20201,5166,99914.751.80$34,990
Mar 20201,6546,02430.341.86$61,364
Feb 20201,1873,51349.881.98$66,166
Jan 20207261,63257.252.09$44,982
Dec 20191,4022,64359.012.30$88,822
Nov 20191,9673,14455.302.75$117,423
Oct 20191,6772,60253.472.42$95,962
Sep 20191,5022,37155.052.66$88,986
Aug 20191,5572,74653.112.30$89,020
Jul 20191,3994,12056.272.46$88,857
Jun 20191,1832,52252.782.49$68,722
May 20191,5423,74158.482.74$100,428
Apr 20191,6264,44362.632.75$114,058
Mar 20191,6122,99456.803.06$100,730
Feb 20191,6903,16450.852.79$94,771
Jan 20191,9203,78346.033.23$100,590
Dec 20181,7122,92746.594.19$92,013
Nov 201868776252.934.24$39,592
Oct 201843865461.443.40$29,133
Sep 20188221,53959.543.11$53,725
Aug 20181,6664,64559.403.07$113,205
Jul 20181,5726,27965.142.93$120,809
Jun 20181,7365,63560.183.08$121,811
May 20181,9006,11365.382.90$141,955
Apr 20181,9196,29363.842.90$140,764
Mar 20182,3077,29361.222.79$161,559
Feb 20181,7405,86661.782.77$123,723
Jan 20182,3228,26362.874.01$179,113
Dec 20172,6619,57657.272.92$180,372
Nov 20172,87110,13555.423.12$190,715
Oct 20172,5937,80149.292.98$151,085
Sep 20172,3157,43847.523.09$132,972
Aug 20173,00012,19545.373.00$172,749
Jul 20173,14614,73343.873.09$183,500
Jun 20173,39216,31142.493.09$194,483
May 20173,27712,94945.373.26$190,935
Apr 20173,38211,92847.933.21$200,407
Mar 20174,75911,98746.772.98$258,344
Feb 20174,24212,91950.452.95$252,154
Jan 20174,79411,43849.413.42$275,976
Dec 20162,9135,54348.763.72$162,674
Nov 20165,67911,89942.492.64$272,766
Oct 20165,95711,23846.193.09$309,882
Sep 20164,56712,14441.553.10$227,413
Aug 20164,83011,75141.442.92$234,519
Jul 20165,93913,30841.622.92$286,098
Jun 20166,49913,68745.352.69$331,491
May 20165,99812,31542.521.99$279,555
Apr 20166,44912,90636.561.99$261,472
Mar 20167,16619,72233.011.79$271,931
Feb 20166,35610,08826.472.06$189,061
Jan 20165,17611,00827.352.36$167,590
Dec 20159,91727,68132.362.00$376,315
Nov 201512,63335,85038.792.17$567,733
Oct 201514,42035,68143.552.43$714,574
Sep 201517,40629,83042.992.76$830,568
Aug 201517,05220,15640.162.87$742,706
Jul 201527,70130,80148.152.95$1,424,515
Jun 201515,87913,06656.152.88$929,273
May 20151,9001,44555.212.96$109,170

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                  655 bbl  × $106.41 =    $69,699
Casinghead gas     3,703 Mcf  × $  3.05 =    $11,279

────────────────────────────────────────────────────
Month total                                  $80,977

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/18483 is the state's own key, not one this site invented.