WALES, JOSEY UNIT

Operated by ZARVONA ENERGY LLC (P-5 950523) in the MAGNOLIA SPRINGS (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271268District 03Field 567855002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Nov 2012 – May 2026
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
163
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 81 leases and 81 wells, and the rule below applies to all of them.

Discovered
2007-01-25
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2014-05-22.

The Commission's schedule remark for this field reads: IN THIS FIELD SHALL BE PERMANENTLY CLASSIFIED AS GAS WELLS

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
High Cost Gas112014-02-24212582
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
CondensateDisposition82,576 bbl$6,616,016
GasProduction759,208 Mcf$2,817,014
Total$9,433,030

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 30.8257, -94.1252. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.82575, -94.12515 · 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
12,780 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 12,780 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-241308271H12,780 ftNov 2012

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 (163)

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

163 months

May 202602,233106.413.05$6,801
Apr 2026026498.932.87$758
Mar 202617972889.753.15$18,358
Feb 202617682163.503.75$14,255
Jan 20263601,10159.138.00$30,093
Dec 20251791,45656.664.41$16,568
Nov 202501,10158.593.93$4,323
Oct 202501,18359.383.30$3,910
Sep 202517537662.743.08$12,136
Aug 2025061863.933.01$1,863
Jul 202501,06766.743.32$3,537
Jun 20253471,10666.483.13$26,529
May 2025093060.553.23$3,006
Apr 20253531,02362.363.54$25,638
Mar 202501,11867.704.27$4,772
Feb 202517483270.884.34$15,945
Jan 20251761,54374.324.28$19,682
Dec 202401,79468.993.12$5,600
Nov 20241721,35969.052.20$14,864
Oct 2024087171.372.28$1,987
Sep 202417882269.612.36$14,334
Aug 20241761,04975.632.06$15,476
Jul 20241741,22979.932.15$16,546
Jun 202401,99378.082.63$5,250
May 20241721,27678.812.20$16,361
Apr 20243391,27684.451.66$30,746
Mar 202401,26980.301.55$1,961
Feb 20243471,28676.091.78$28,697
Jan 20241791,30673.023.30$17,377
Dec 20231791,72171.262.61$17,249
Nov 20231781,37777.892.81$17,730
Oct 202317881185.443.09$17,712
Sep 2023097989.042.74$2,678
Aug 202317661180.522.67$15,805
Jul 202317572674.852.64$15,017
Jun 202317777068.962.26$13,945
May 202319165070.622.23$14,936
Apr 202334667078.122.24$28,529
Mar 2023090472.852.39$2,163
Feb 2023096975.112.47$2,389
Jan 202318157176.533.39$15,786
Dec 20221801,00376.415.73$19,500
Nov 20221771,41085.005.65$23,006
Oct 20221721,03987.185.86$21,087
Sep 20221691,04984.888.16$22,908
Aug 202234897894.529.13$41,819
Jul 20221701,117101.587.54$25,693
Jun 20221751,006115.097.98$28,166
May 202201,166109.378.43$9,833
Apr 20223541,192104.226.84$45,044
Mar 20221861,098108.885.08$25,826
Feb 202201,18791.054.86$5,767
Jan 20223542,10481.844.54$38,519
Dec 20211891,66871.323.90$19,983
Nov 20211801,68377.435.24$22,751
Oct 20211771,27779.795.71$21,419
Sep 20211771,01469.865.35$17,791
Aug 20211811,19666.024.22$16,997
Jul 20211671,36370.783.98$17,248
Jun 20211761,42769.493.38$17,054
May 20211701,69363.483.02$15,901
Apr 20211691,89360.362.76$15,423
Mar 20211821,68061.302.72$15,721
Feb 202134382357.805.55$24,391
Jan 20211821,20250.412.81$12,553
Dec 20201811,11644.642.68$11,066
Nov 20201811,12538.772.71$10,062
Oct 20201771,00936.972.48$9,044
Sep 202017649937.091.99$7,521
Aug 202035765939.982.39$15,845
Jul 20201671,54138.371.83$9,220
Jun 20203551,51034.901.69$14,942
May 202001,35016.921.81$2,450
Apr 20201851,47714.751.80$5,394
Mar 202018589830.341.86$7,280
Feb 20203671,45349.881.98$21,184
Jan 20201851,79757.252.09$14,356
Dec 20191851,57959.012.30$14,555
Nov 20191911,48355.302.75$14,642
Oct 20191831,52653.472.42$13,476
Sep 20191831,26555.052.66$13,436
Aug 20191961,37953.112.30$13,587
Jul 20193701,41156.272.46$24,291
Jun 20191851,30952.782.49$13,025
May 20191811,31258.482.74$14,180
Apr 20191891,68762.632.75$16,478
Mar 20191801,63956.803.06$15,243
Feb 20191961,06550.852.79$12,940
Jan 20193741,49346.033.23$22,035
Dec 20181901,20246.594.19$13,883
Nov 20181821,33952.934.24$15,307
Oct 20181941,19661.443.40$15,983
Sep 20181801,32159.543.11$14,823
Aug 20183851,70359.403.07$28,091
Jul 20181871,76165.142.93$17,344
Jun 20181751,65560.183.08$15,624
May 20183771,65965.382.90$29,461
Apr 20181891,56563.842.90$16,606
Mar 20181981,45761.222.79$16,182
Feb 20183821,15861.782.77$26,803
Jan 20181812,09762.874.01$19,787
Dec 20171881,51757.272.92$15,199
Nov 20173601,60555.423.12$24,956
Oct 201701,32149.292.98$3,941
Sep 20171801,26447.523.09$12,456
Aug 20173511,34345.373.00$19,960
Jul 20171831,16343.873.09$11,619
Jun 20171831,19042.493.09$11,450
May 20173721,47145.373.26$21,678
Apr 20171861,41547.933.21$13,459
Mar 20173791,40746.772.98$21,924
Feb 20171911,46950.452.95$13,973
Jan 20173651,66649.413.42$23,730
Dec 20161842,28648.763.72$17,482
Nov 20163592,15442.492.64$20,950
Oct 20161822,39546.193.09$15,808
Sep 20163631,41941.553.10$19,482
Aug 20161781,17041.442.92$10,798
Jul 20163571,21141.622.92$18,400
Jun 20161841,46845.352.69$12,287
May 20163632,25542.521.99$19,925
Apr 20163601,87736.561.99$16,899
Mar 20161782,34933.011.79$10,090
Feb 20163662,58326.472.06$15,018
Jan 20163624,33927.352.36$20,160
Dec 20151773,00932.362.00$11,750
Nov 20153622,95438.792.17$20,444
Oct 20153592,90943.552.43$22,693
Sep 20153553,07942.992.76$23,755
Aug 20151753,13640.162.87$16,036
Jul 20153593,57248.152.95$27,806
Jun 20153633,22356.152.88$29,674
May 20153633,90355.212.96$31,576
Apr 20155423,11049.822.71$35,420
Mar 20151783,38542.892.93$17,568
Feb 20153633,27844.662.98$25,968
Jan 20153634,04443.433.10$28,304
Dec 20143573,21354.693.59$31,063
Nov 20143643,51870.464.25$40,605
Oct 20145413,33278.303.90$55,358
Sep 20143723,48786.164.05$46,158
Aug 20143543,09189.394.04$44,117
Jul 20147237,21496.564.18$99,965
Jun 20141,06712,69098.164.74$164,848
May 20141,27213,46094.734.73$184,116
Apr 20141,44613,56795.944.81$203,975
Mar 20141,26713,84195.895.06$191,484
Feb 20141,46414,73797.406.19$233,845
Jan 20141,45516,28090.404.86$210,665
Dec 20131,83017,83791.824.35$245,701
Nov 20131,62916,46588.853.74$206,287
Oct 20132,17719,04597.423.78$284,061
Sep 20132,17819,301104.113.72$298,508
Aug 20132,71127,442104.253.52$379,289
Jul 20133655,243102.523.72$56,912
Jun 20131,0966,64094.403.93$129,580
May 20132,17623,08394.834.15$302,123
Apr 20132,73124,53693.964.28$361,682
Mar 20132,72528,73193.623.91$367,535
Feb 20133,29430,25191.233.42$403,967
Jan 20134,13341,67691.603.42$521,111
Dec 20125,40656,91386.773.42$663,730
Nov 201210,946126,92486.953.62$1,411,849

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,233 Mcf  × $  3.05 =     $6,801

────────────────────────────────────────────────────
Month total                                   $6,801

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. 03/G/271268 is the state's own key, not one this site invented.