LEON BARNES G U 1

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the JANSKY (WILCOX 10700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 77826District 02Field 45740775NGPA filingCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – Jun 2017
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
294
no gaps in the span
Streams
2
condensate, 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1978-03-30
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFF 5-1-79

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
CondensateDisposition14,210 bbl$332,932
GasProduction1,117,580 Mcf$2,461,320
Total$2,794,252

448,782 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 29.4678, -96.8785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.46780, -96.87848 · 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
10,715 ft
1 wells filed one
Completion to plug
2.2 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 10,715 ft.

Completions filed
Apr 2014
1 of 1 wells
Plug dates filed
Jun 2016
1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28531238110,715 ftApr 2014Jun 2016Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017104047.933.21$4,985
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011322396.873.24$1,013
Nov 2011183095.723.31$2,844
Oct 2011044184.983.65$1,609
Sep 2011045183.623.99$1,798
Aug 2011060283.404.15$2,498
Jul 201114663194.144.52$16,595
Jun 2011171292.904.64$3,396
May 2011232498.134.40$1,623
Apr 20110121105.964.33$524
Mar 2011012096.364.06$487
Feb 2011039785.644.18$1,659
Jan 2011258086.504.59$2,834
Dec 2010023085.734.35$1,000
Nov 2010035080.843.80$1,328
Oct 201015254578.103.51$13,784
Sep 2010044072.633.98$1,751
Aug 2010159373.684.42$2,694
Jul 2010044572.554.74$2,108
Jun 2010043070.364.91$2,111
May 2010074671.124.24$3,159
Apr 2010092181.694.12$3,797
Mar 2010368978.394.39$3,259
Feb 2010161373.585.44$3,410
Jan 2010061474.365.96$3,662
Dec 2009058871.445.48$3,224
Nov 2009038474.593.75$1,441
Oct 2009084972.544.11$3,490
Sep 200901,11465.543.06$3,414
Aug 2009086767.423.22$2,790
Jul 200901,31361.133.46$4,549
Jun 200901,85166.163.90$7,210
May 20091721,57054.743.93$15,579
Apr 200901,17346.773.59$4,208
Mar 2009079742.144.06$3,235
Feb 2009056332.814.63$2,608
Jan 2009064135.865.37$3,443
Dec 2008079937.105.98$4,776
Nov 2008064655.496.86$4,432
Oct 2008074675.246.92$5,164
Sep 20080706101.767.88$5,561
Aug 20080395114.228.48$3,351
Jul 20080375131.0811.39$4,271
Jun 20080410131.3313.03$5,343
May 20080676123.1711.57$7,824
Apr 20080795110.3110.45$8,312
Mar 20080873101.909.66$8,437
Feb 200801,19592.538.77$10,481
Jan 200801,53090.388.21$12,555
Dec 200702,72988.337.30$19,927
Nov 20071752,82891.677.29$36,663
Oct 200702,77182.856.92$19,181
Sep 200703,04875.846.24$19,032
Aug 200702,97369.066.39$18,991
Jul 200702,32670.906.39$14,858
Jun 2007095362.007.55$7,194
May 200701,15658.747.85$9,070
Apr 20071622,26659.617.81$27,343
Mar 200701,85656.927.30$13,552
Feb 200701,32855.108.22$10,911
Jan 200702,47150.306.73$16,622
Dec 200602,49256.656.92$17,241
Nov 200601,19854.207.62$9,126
Oct 20061412,26354.906.01$21,350
Sep 200601,52060.085.04$7,657
Aug 200611,84268.717.34$13,589
Jul 200601,60969.376.34$10,206
Jun 200601,36866.286.38$8,733
May 200601,74466.016.42$11,205
Apr 200601,97864.397.36$14,559
Mar 200603,00256.707.08$21,263
Feb 20061303,29357.597.75$33,011
Jan 200611,91660.598.93$17,177
Dec 200501,61754.9413.42$21,693
Nov 200511,59654.6910.59$16,954
Oct 200502,64358.3413.80$36,462
Sep 200517992861.4512.08$22,209
Aug 2005061361.519.80$6,005
Jul 2005068155.697.84$5,342
Jun 2005093552.337.38$6,901
May 200501,23445.226.65$8,208
Apr 200501,29949.207.36$9,561
Mar 200501,91050.377.15$13,666
Feb 200502,62545.226.31$16,569
Jan 2005095143.166.32$6,012
Dec 2004089239.866.75$6,022
Nov 2004082245.286.33$5,204
Oct 2004069049.706.52$4,495
Sep 200401,27843.245.28$6,753
Aug 200401,18542.375.55$6,578
Jul 200401,41538.286.08$8,609
Jun 20041522,22636.106.43$19,807
May 200401,16137.486.49$7,540
Apr 2004193034.475.86$5,483
Mar 2004054934.365.53$3,036
Feb 2004056032.455.51$3,085
Jan 200401,24532.036.30$7,843
Dec 200301,43530.266.30$9,043
Nov 2003080428.804.60$3,695
Oct 200302,01928.174.76$9,610
Sep 200302,47626.314.75$11,759
Aug 20031713,38829.765.13$22,468
Jul 200384,15029.415.17$21,694
Jun 200304,01428.565.98$24,016
May 200301,97326.595.97$11,784
Apr 200302,40126.675.41$12,983
Mar 200302,79031.146.10$17,008
Feb 20031633,42033.487.93$32,564
Jan 200304,42730.315.58$24,712
Dec 200203,32826.914.85$16,153
Nov 200201,59324.664.14$6,590
Oct 200202,19526.464.23$9,283
Sep 20021742,80927.443.64$14,986
Aug 200204,58725.963.16$14,514
Jul 200202,62224.583.06$8,028
Jun 200201,65323.733.34$5,518
May 200202,30924.663.58$8,275
Apr 200201,69523.653.51$5,953
Mar 200202,87722.003.10$8,927
Feb 200203,06118.222.38$7,272
Jan 20021804,47917.172.38$13,731
Dec 200125,51016.932.36$13,062
Nov 200103,06318.072.41$7,368
Oct 20011814,24019.782.53$14,303
Sep 200102,25724.262.25$5,081
Aug 200104,65724.873.05$14,219
Jul 200113,45923.933.20$11,083
Jun 200101,49024.563.82$5,698
May 20011773,36025.524.31$18,990
Apr 200102,41624.685.34$12,890
Mar 200104,11224.545.38$22,108
Feb 200104,17127.755.77$24,054
Jan 200104,29527.478.40$36,073
Dec 200045,79826.889.12$53,000
Nov 20001825,69532.215.66$38,085
Oct 200005,59931.235.15$28,810
Sep 20001636,73931.875.19$40,147
Aug 200006,38629.644.54$28,997
Jul 200016,07628.534.09$24,878
Jun 200026,63529.304.40$29,234
May 20001667,25827.263.68$31,233
Apr 200004,86424.513.12$15,156
Mar 200004,98828.422.86$14,264
Feb 20001686,37327.622.73$22,016
Jan 200017,77125.272.48$19,301
Dec 19991887,76724.282.42$23,390
Nov 199917,26123.192.43$17,696
Oct 19991527,96920.982.80$25,532
Sep 199908,01321.752.62$20,985
Aug 19991698,24819.262.88$26,973
Jul 199938,35617.892.37$19,877
Jun 19991668,14215.942.36$21,878
May 199937,94615.792.32$18,490
Apr 19991567,91815.102.21$19,839
Mar 199918,41312.471.84$15,478
Feb 19991757,6159.981.82$15,589
Jan 19991619,18810.381.90$19,128
Dec 199808,8799.201.77$15,745
Nov 19981729,12410.892.19$21,816
Oct 19981799,66512.421.97$21,256
Sep 199819,84612.592.08$20,518
Aug 199816810,63711.301.91$22,187
Jul 1998110,92111.742.24$24,445
Jun 199816610,92011.242.24$26,297
May 199816711,00212.622.21$26,382
Apr 199816911,21313.042.51$30,296
Mar 1998512,04412.802.31$27,879
Feb 199817611,23813.952.30$28,293
Jan 199818612,72014.702.15$30,143
Dec 199718614,81616.322.41$38,758
Nov 199718512,90418.193.09$43,216
Oct 199716915,23619.253.15$51,244
Sep 199715212,84217.742.95$40,643
Aug 199716210,11317.862.55$28,729
Jul 199718011,66517.582.25$29,375
Jun 1997110,34617.242.26$23,370
May 199717011,14618.972.31$28,955
Apr 199717610,10317.882.08$24,189
Mar 199718312,34718.951.94$27,410
Feb 199716510,08220.492.21$25,621
Jan 199717614,61723.483.54$55,872
Dec 199618316,08623.32$4,268
Nov 199618015,17621.97$3,955
Oct 19961696,94023.31$3,939
Sep 199616114,85722.22$3,577
Aug 199617315,47020.26$3,505
Jul 199616615,69219.55$3,245
Jun 199632415,83718.73$6,069
May 199617117,14719.43$3,323
Apr 199635017,01121.51$7,529
Mar 199617818,18819.38$3,450
Feb 199634118,31916.98$5,790
Jan 199617121,32517.07$2,919
Dec 199550922,50517.19$8,750
Nov 199535523,66616.00$5,680
Oct 199533226,93415.43$5,123
Sep 199534427,01516.18$5,566
Aug 199518121,74315.92$2,882
Jul 19951856,25015.24$2,819
Jun 199518210,16516.41$2,987
May 1995610,84917.56$105
Apr 19951839,46517.73$3,245
Mar 199517511,79616.44$2,877
Feb 19951848,40716.58$3,051
Jan 199518711,54315.92$2,977
Dec 19941888,50215.03$2,826
Nov 199401,69715.90$0
Oct 199423,47815.58$31
Sep 199403,06815.29$0
Aug 199402,96816.13$0
Jul 199411,86317.56$18
Jun 1994055817.09$0
May 19941433,22315.88$2,271
Apr 19941222,86414.14$1,725
Mar 199402,63812.46$0
Feb 19941822,79412.50$2,275
Jan 199402,30512.66$0
Dec 199302,62212.33$0
Nov 1993462,21314.49$667
Oct 199302,00715.85$0
Sep 199302,66115.03$0
Aug 19932072,00515.66$3,242
Jul 199302,41115.46$0
Jun 199302,80816.79$0
May 199302,75817.68$0
Apr 199302,96818.05$0
Mar 19931822,90918.14$3,301
Feb 199301,91517.90$0
Jan 199323,16116.93$34

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.

Apr 2017 — as filed, then multipliedworked
Condensate           104 bbl  × $ 47.93 =     $4,985
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                   $4,985

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. 02/G/77826 is the state's own key, not one this site invented.