VALLEY

Operated by PROLINE ENERGY RESOURCES INC (P-5 681327) in the MIDWAY, SOUTH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206475District 04Field 611592902 tax incentive programmesCondensateGasSaveExport
Value, all time
$49.9 M
Nov 2004 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
259
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2007-03-06
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-05-24.

The Commission's schedule remark for this field reads: MANUAL REVIEW FOR PERMITTING.

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 Gas112012-06-12206128
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
CondensateDisposition241,849 bbl$14,716,718
GasProduction4,690,040 Mcf$35,197,260
Total$49,913,979

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 27.9082, -97.3700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.90824, -97.36997 · 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
12,700 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 12,700 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-40932766312,700 ftFeb 2010

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 (259)

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

259 months

May 20262415106.413.05$2,600
Apr 202601098.932.87$29
Mar 202601089.753.15$31
Feb 202629863.503.75$1,872
Jan 20260859.138.00$64
Dec 2025391056.664.41$2,254
Nov 202501058.593.93$39
Oct 202501059.383.30$33
Sep 202501062.743.08$31
Aug 2025111063.933.01$733
Jul 2025321066.743.32$2,169
Jun 202501066.483.13$31
May 2025121060.553.23$759
Apr 202501062.363.54$35
Mar 2025354867.704.27$2,574
Feb 202509070.884.34$391
Jan 20256323674.324.28$5,692
Dec 2024721068.993.12$4,998
Nov 20244917469.052.20$3,766
Oct 20241557871.372.28$11,240
Sep 2024025269.612.36$596
Aug 202412736275.632.06$10,352
Jul 20241541,09079.932.15$14,649
Jun 202417150778.082.63$14,687
May 202416465778.812.20$14,369
Apr 202416148084.451.66$14,393
Mar 202416555780.301.55$14,110
Feb 2024064776.091.78$1,154
Jan 2024066573.023.30$2,193
Dec 202334384871.262.61$26,656
Nov 202316594177.892.81$15,494
Oct 2023073085.443.09$2,254
Sep 202316677889.042.74$16,909
Aug 20231681,02880.522.67$16,275
Jul 20233421,24474.852.64$28,885
Jun 20231711,33568.962.26$14,807
May 20231641,46270.622.23$14,838
Apr 20231661,52178.122.24$16,372
Mar 20233432,08672.852.39$29,980
Feb 20231751,99175.112.47$18,053
Jan 20233272,70876.533.39$34,199
Dec 20221733,21476.415.73$31,632
Nov 20223503,50185.005.65$49,517
Oct 20221874,61287.185.86$43,346
Sep 20223554,88684.888.16$70,020
Aug 202202,12394.529.13$19,377
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202101970.783.98$76
Jun 202102469.493.38$81
May 202101563.483.02$45
Apr 202101160.362.76$30
Mar 202101361.302.72$35
Feb 202101757.805.55$94
Jan 202131350.412.81$1,571
Dec 202001744.642.68$45
Nov 202004038.772.71$108
Oct 2020232436.972.48$910
Sep 20200737.091.99$14
Aug 20200939.982.39$21
Jul 20200638.371.83$11
Jun 202001234.901.69$20
May 202003416.921.81$62
Apr 202001814.751.80$32
Mar 2020143630.341.86$492
Feb 202001549.881.98$30
Jan 20200057.252.09$0
Dec 201901959.012.30$44
Nov 2019391155.302.75$2,187
Oct 201901353.472.42$31
Sep 201901255.052.66$32
Aug 201947753.112.30$2,512
Jul 201902856.272.46$69
Jun 201905252.782.49$130
May 20190658.482.74$16
Apr 20190962.632.75$25
Mar 2019191556.803.06$1,125
Feb 20190050.852.79$0
Jan 201901546.033.23$48
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170145.373.00$3
Jul 20170543.873.09$15
Jun 201722042.493.09$935
May 201701345.373.26$42
Apr 201707847.933.21$251
Mar 20170646.772.98$18
Feb 20170050.452.95$0
Jan 201701849.413.42$62
Dec 20160748.763.72$26
Nov 201601642.492.64$42
Oct 201601646.193.09$49
Sep 201602441.553.10$74
Aug 201604241.442.92$123
Jul 201604041.622.92$117
Jun 20160745.352.69$19
May 201603842.521.99$76
Apr 201603136.561.99$62
Mar 201604233.011.79$75
Feb 201601126.472.06$23
Jan 201604827.352.36$113
Dec 201505332.362.00$106
Nov 201534638.792.17$216
Oct 201551943.552.43$264
Sep 201503542.992.76$97
Aug 2015161640.162.87$689
Jul 2015322248.152.95$1,606
Jun 2015543556.152.88$3,133
May 20151474755.212.96$8,255
Apr 2015744349.822.71$3,803
Mar 201507842.892.93$229
Feb 2015472944.662.98$2,185
Jan 2015459143.433.10$2,237
Dec 20145211654.693.59$3,260
Nov 20146714670.464.25$5,342
Oct 20146011478.303.90$5,143
Sep 20149215586.164.05$8,554
Aug 201417220589.394.04$16,202
Jul 201432623296.564.18$32,448
Jun 2014010798.164.74$507
May 2014051694.734.73$2,439
Apr 201451859695.944.81$52,563
Mar 201417560695.895.06$19,845
Feb 201450368197.406.19$53,209
Jan 20147241,07590.404.86$70,675
Dec 20134481,30591.824.35$46,818
Nov 20135322,13588.853.74$55,249
Oct 20131,1153,17097.423.78$120,604
Sep 201303,459104.113.72$12,860
Aug 20134494,059104.253.52$61,107
Jul 20135414,289102.523.72$71,409
Jun 20133964,29394.403.93$54,269
May 20136714,79894.834.15$83,538
Apr 20137627,14993.964.28$102,214
Mar 201387016,02193.623.91$144,137
Feb 20131,22215,24791.233.42$163,626
Jan 20131,52712,53791.603.42$182,749
Dec 20121,26310,92086.773.42$146,939
Nov 20121,0399,53586.953.62$124,905
Oct 20121,32310,96089.383.40$155,510
Sep 201202,14294.672.92$6,251
Aug 20120092.662.91$0
Jul 2012376085.133.02$32,009
Jun 20121,1328,84179.822.52$112,627
May 201294211,49291.612.49$114,892
Apr 20121,32510,853101.652.00$156,358
Mar 20121,41011,621105.052.22$173,943
Feb 20121,14010,218101.102.57$141,517
Jan 20121,87912,39298.092.73$218,192
Dec 20111,12411,57296.873.24$146,372
Nov 20111,65712,20595.723.31$199,022
Oct 20111,47011,82484.983.65$168,061
Sep 20111,33011,94683.623.99$158,829
Aug 20111,21513,11483.404.15$155,745
Jul 20111,19012,78994.144.52$169,798
Jun 20111,44213,01692.904.64$194,354
May 20112,00214,19498.134.40$258,978
Apr 20111,63913,494105.964.33$232,142
Mar 20111,30614,88896.364.06$186,252
Feb 20111,25210,84985.644.18$152,570
Jan 20111,59613,57686.504.59$200,351
Dec 20102,08114,82785.734.35$242,868
Nov 20101,92618,77980.843.80$226,970
Oct 20101,72618,40278.103.51$199,371
Sep 20101,20219,19772.633.98$163,695
Aug 20101,04622,16973.684.42$175,042
Jul 201039217,13872.554.74$109,614
Jun 201053520,69070.364.91$139,239
May 201081221,63671.124.24$149,383
Apr 20101,29721,00881.694.12$192,561
Mar 20101,53424,01278.394.39$225,631
Feb 20105586,24273.585.44$75,029
Jan 20100074.365.96$0
Dec 200932771.445.48$362
Nov 200901374.593.75$49
Oct 200944372.544.11$467
Sep 20090465.543.06$12
Aug 200961667.423.22$456
Jul 200921261.133.46$164
Jun 200931366.163.90$249
May 200910654.743.93$571
Apr 2009112,53146.773.59$9,594
Mar 20093428642.144.06$2,594
Feb 2009771,19332.814.63$8,054
Jan 20093062,80635.865.37$26,044
Dec 200850415,67737.105.98$112,402
Nov 20081406,74255.496.86$54,021
Oct 20086339475.246.92$7,467
Sep 20081396,146101.767.88$62,557
Aug 200827016,789114.228.48$173,261
Jul 200840116,436131.0811.39$239,760
Jun 200826216,288131.3313.03$246,684
May 200850421,029123.1711.57$305,473
Apr 200835917,631110.3110.45$223,931
Mar 200839517,899101.909.66$213,228
Feb 200850318,06092.538.77$204,939
Jan 20081889,88290.388.21$98,080
Dec 200747511,79188.337.30$128,054
Nov 200739910,54791.677.29$113,482
Oct 200737011,50682.856.92$110,299
Sep 200729120,90775.846.24$152,616
Aug 200742423,70069.066.39$180,676
Jul 200742413,20470.906.39$114,408
Jun 200710625,64162.007.55$200,122
May 200765334,76858.747.85$311,157
Apr 20071,05638,61659.617.81$364,354
Mar 20071,59136,60356.927.30$357,834
Feb 20071,41034,94955.108.22$364,832
Jan 20071,72538,60550.306.73$346,458
Dec 20061,94939,07156.656.92$380,721
Nov 20062,24845,85054.207.62$471,103
Oct 20062,56148,53854.906.01$432,497
Sep 20062,30850,76360.085.04$394,368
Aug 20061,81161,44968.717.34$575,465
Jul 20062,61168,30569.376.34$614,367
Jun 20061,99266,48466.286.38$556,456
May 20062,46065,03966.016.42$580,260
Apr 20062,39033,68164.397.36$401,800
Mar 20062,56935,10156.707.08$394,280
Feb 20061,89542,61257.597.75$439,424
Jan 20061,63047,03960.598.93$518,976
Dec 20052,33670,37654.9413.42$1,072,462
Nov 20052,634161,40954.6910.59$1,853,117
Oct 20055,184207,26758.3413.80$3,161,840
Sep 20056,183171,91561.4512.08$2,456,507
Aug 20057,086234,12061.519.80$2,729,496
Jul 20058,876255,08855.697.84$2,495,123
Jun 20059,847222,14552.337.38$2,154,955
May 200510,794236,66845.226.65$2,062,221
Apr 200512,792223,21749.207.36$2,272,351
Mar 200513,222258,53750.377.15$2,515,793
Feb 200512,950227,51545.226.31$2,021,655
Jan 200515,903269,11643.166.32$2,387,779
Dec 200419,112266,04539.866.75$2,557,895
Nov 200416,339229,91245.286.33$2,195,269

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            24 bbl  × $106.41 =     $2,554
Gas                   15 Mcf  × $  3.05 =        $46

────────────────────────────────────────────────────
Month total                                   $2,600

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. 04/G/206475 is the state's own key, not one this site invented.