VALLEY WELLS UNIT 35 HC1

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 19990District 01Field 12018200Hydrogen sulphide fieldST-1 filingOilCasinghead gasSaveExport
Value, all time
$28.4 M
Oct 2019 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
80
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

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
ST-11none236843

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
OilDisposition398,249 bbl$23,982,927
Casinghead gasProduction1,299,428 Mcf$4,392,849
Total$28,375,776

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 28.4554, -99.4942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.45544, -99.49418 · 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
7,520 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 7,520 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-12738180K 1H7,520 ftOct 2019

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 (80)

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

80 months

May 20261,8929,764106.413.05$231,067
Apr 20261,9719,78198.932.87$223,060
Mar 20262,31210,01389.753.15$239,037
Feb 20261,8438,71563.503.75$149,715
Jan 20261,8256,57759.138.00$160,515
Dec 20252,1827,53356.664.41$156,878
Nov 20251,9227,21758.593.93$140,947
Oct 20251,9687,85359.383.30$142,813
Sep 20252,3327,27162.743.08$168,682
Aug 20252,1548,22363.933.01$162,496
Jul 20252,4759,50766.743.32$196,699
Jun 20252,2708,96466.483.13$178,955
May 20252,5559,93960.553.23$186,831
Apr 20252,2489,47962.363.54$173,771
Mar 20252,3368,26767.704.27$193,433
Feb 20251,9047,30570.884.34$166,665
Jan 20252,1628,49374.324.28$197,019
Dec 20242,0098,16868.993.12$164,096
Nov 20242,0978,62169.052.20$163,751
Oct 20242,0539,15071.372.28$167,397
Sep 20242,04110,30869.612.36$166,446
Aug 20242,34111,86275.632.06$201,529
Jul 20242,52811,72979.932.15$227,240
Jun 20242,43411,71378.082.63$220,899
May 20242,79912,35378.812.20$247,747
Apr 20242,5189,43484.451.66$228,298
Mar 20242,4529,49280.301.55$211,562
Feb 20242,4399,66776.091.78$202,826
Jan 20242,57210,21573.023.30$221,493
Dec 20232,50310,47271.262.61$205,703
Nov 20232,56711,47277.892.81$232,152
Oct 20232,70511,19085.443.09$265,662
Sep 20232,67512,51089.042.74$272,397
Aug 20232,81613,20280.522.67$262,032
Jul 20232,97715,34474.852.64$263,364
Jun 20233,01215,02768.962.26$241,646
May 20233,42415,83670.622.23$277,076
Apr 20232,52611,87278.122.24$223,898
Mar 20233,17915,26572.852.39$268,122
Feb 20233,11114,89675.112.47$270,396
Jan 20233,56616,13876.533.39$327,577
Dec 20223,08912,41576.415.73$307,157
Nov 20223,11312,58485.005.65$335,657
Oct 20222,95817,01587.185.86$357,650
Sep 20223,41915,76084.888.16$418,864
Aug 20223,62914,78394.529.13$477,940
Jul 20223,84516,053101.587.54$511,648
Jun 20223,68915,932115.097.98$551,660
May 20223,55314,510109.378.43$510,955
Apr 20223,48713,419104.226.84$455,169
Mar 20224,11315,967108.885.08$528,878
Feb 20223,42514,14891.054.86$380,589
Jan 20223,27514,73681.844.54$334,893
Dec 20213,92018,79971.323.90$352,874
Nov 20214,06619,46777.435.24$416,776
Oct 20213,89018,29479.795.71$414,913
Sep 20214,38421,05369.865.35$418,919
Aug 20214,38921,75466.024.22$381,576
Jul 20214,84023,28870.783.98$435,310
Jun 20215,30322,11869.493.38$443,278
May 20215,68824,25663.483.02$434,271
Apr 20215,78724,82860.362.76$417,789
Mar 20215,92523,66461.302.72$427,496
Feb 20215,12819,53657.805.55$404,783
Jan 20216,89929,28450.412.81$430,075
Dec 20206,57426,85344.642.68$365,307
Nov 20207,44630,41238.772.71$370,994
Oct 20207,86326,98836.972.48$357,583
Sep 20206,78429,19937.091.99$309,755
Aug 20208,48234,26039.982.39$420,824
Jul 20209,32833,09038.371.83$418,309
Jun 20208,68430,55434.901.69$354,717
May 202010,04535,56616.921.81$234,505
Apr 202011,47126,98114.751.80$217,881
Mar 202016,51430,73730.341.86$558,090
Feb 202017,70524,09849.881.98$930,856
Jan 202019,81036,73257.252.09$1,211,066
Dec 201927,89527,31059.012.30$1,709,016
Nov 201922,85321,06755.302.75$1,321,720
Oct 201915,28611,08153.472.42$844,142

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                1,892 bbl  × $106.41 =   $201,328
Casinghead gas     9,764 Mcf  × $  3.05 =    $29,740

────────────────────────────────────────────────────
Month total                                 $231,067

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/19990 is the state's own key, not one this site invented.