VALLE GRANDE

Operated by ORX RESOURCES, L.L.C. (P-5 627136) in the CD NABORS (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 236571District 04Field 142218002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
2000-11-22
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 40 acres. The field rule took effect on 2009-04-14.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

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 Gas112008-08-18184362
NGPA2none

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
CondensateDisposition14,402 bbl$1,347,493
GasProduction353,027 Mcf$2,743,465
Total$4,090,958

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 26.5632, -98.4545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.56322, -98.45451 · 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
12,283 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 12,283 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-42734175112,283 ftMar 2008

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 (219)

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

219 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202335070.622.23$2,472
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202002049.881.98$40
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201901755.302.75$47
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190256.272.46$5
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201905162.632.75$140
Mar 201905556.803.06$168
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201806152.934.24$258
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180260.183.08$6
May 20180065.382.90$0
Apr 20186763.842.90$403
Mar 2018030361.222.79$844
Feb 20180261.782.77$6
Jan 2018047562.874.01$1,904
Dec 2017032357.272.92$944
Nov 2017029555.423.12$920
Oct 2017031149.292.98$928
Sep 2017639347.523.09$1,498
Aug 2017031845.373.00$955
Jul 2017034743.873.09$1,071
Jun 20170042.493.09$0
May 2017032745.373.26$1,067
Apr 2017029647.933.21$951
Mar 2017050946.772.98$1,519
Feb 2017027250.452.95$803
Jan 2017035949.413.42$1,227
Dec 2016553148.763.72$2,221
Nov 2016042242.492.64$1,116
Oct 2016050146.193.09$1,548
Sep 2016041341.553.10$1,281
Aug 2016052841.442.92$1,544
Jul 2016030541.622.92$892
Jun 201609345.352.69$250
May 2016010642.521.99$211
Apr 2016011836.561.99$235
Mar 2016015733.011.79$282
Feb 2016012626.472.06$260
Jan 2016025727.352.36$608
Dec 2015019032.362.00$380
Nov 2015412338.792.17$422
Oct 201504443.552.43$107
Sep 201501942.992.76$52
Aug 201503340.162.87$95
Jul 201508548.152.95$250
Jun 2015016256.152.88$467
May 201501655.212.96$47
Apr 201504249.822.71$114
Mar 201506942.892.93$202
Feb 201506044.662.98$179
Jan 201504143.433.10$127
Dec 201401854.693.59$65
Nov 201402770.464.25$115
Oct 201401978.303.90$74
Sep 20141051586.164.05$9,107
Aug 20140289.394.04$8
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140995.944.81$43
Mar 201401695.895.06$81
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013064391.824.35$2,800
Nov 2013044988.853.74$1,678
Oct 2013143397.423.78$1,489
Sep 2013301104.113.72$3,127
Aug 201300104.253.52$0
Jul 201305102.523.72$19
Jun 20130094.403.93$0
May 201301294.834.15$50
Apr 201301393.964.28$56
Mar 201301593.623.91$59
Feb 201301391.233.42$44
Jan 201301191.603.42$38
Dec 201201,15386.773.42$3,943
Nov 2012060786.953.62$2,200
Oct 201221987189.383.40$22,535
Sep 201209494.672.92$274
Aug 2012017492.662.91$506
Jul 2012096785.133.02$2,921
Jun 201201,23579.822.52$3,111
May 201217839691.612.49$17,292
Apr 20120720101.652.00$1,438
Mar 20120930105.052.22$2,067
Feb 201264590101.102.57$7,987
Jan 2012084998.092.73$2,321
Dec 201101,08396.873.24$3,509
Nov 201103495.723.31$113
Oct 2011051384.983.65$1,872
Sep 201118094483.623.99$18,814
Aug 201101,79883.404.15$7,460
Jul 2011072294.144.52$3,261
Jun 201101,18792.904.64$5,508
May 201102,48598.134.40$10,946
Apr 2011173303105.964.33$19,644
Mar 2011054496.364.06$2,207
Feb 201101,07085.644.18$4,473
Jan 201101,01186.504.59$4,639
Dec 20101541,19085.734.35$18,376
Nov 20103611,45680.843.80$34,709
Oct 201002,44478.103.51$8,576
Sep 201001,98672.633.98$7,903
Aug 201001,46273.684.42$6,461
Jul 201001,64972.554.74$7,810
Jun 201001,61670.364.91$7,935
May 20101832,48971.124.24$23,556
Apr 201002,27781.694.12$9,387
Mar 20101763,23378.394.39$27,985
Feb 201002,81173.585.44$15,298
Jan 20101801,37574.365.96$21,585
Dec 20091894,81771.445.48$39,917
Nov 200903,56474.593.75$13,370
Oct 20093715,39572.544.11$49,087
Sep 20093607,12365.543.06$45,425
Aug 20093566,63867.423.22$45,366
Jul 20093758,16061.133.46$51,194
Jun 20091917,26066.163.90$40,914
May 20095817,59654.743.93$61,624
Apr 200905,60846.773.59$20,119
Mar 20093727,46042.144.06$45,956
Feb 20093708,15332.814.63$49,913
Jan 200918810,05735.865.37$60,758
Dec 200837312,13837.105.98$86,389
Nov 200873013,58955.496.86$133,733
Oct 200855313,86275.246.92$137,560
Sep 200854714,938101.767.88$173,331
Aug 20081,09221,610114.228.48$308,046
Jul 20081,27427,319131.0811.39$478,144
Jun 20081,66441,508131.3313.03$759,492
May 20081,62341,569123.1711.57$681,037
Apr 200874514,686110.3110.45$235,721
Mar 200837515,222101.909.66$185,319

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 2023 — as filed, then multipliedworked
Condensate            35 bbl  × $ 70.62 =     $2,472
Gas                    0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                   $2,472

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/236571 is the state's own key, not one this site invented.