RAWLS

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

Gas lease lease 102480District 05Field 88576304Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
401
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
as the register files it
Field class
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 20 acres. The field rule took effect on 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD 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
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
CondensateDisposition583 bbl$33,433
GasProduction1,072,735 Mcf$3,402,266
Total$3,435,698

326,837 Mcf of this lease's gas, across 47 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 31.6273, -96.2278. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62728, -96.22776 · 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
12,650 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 12,650 ft.

Completions filed
Jan 1983
1 of 1 wells

1 well

42-16130722212,650 ftJan 1983

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 (401)

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

401 months

May 20260265106.413.05$807
Apr 2026027798.932.87$795
Mar 2026027889.753.15$876
Feb 2026026463.503.75$990
Jan 2026029659.138.00$2,367
Dec 2025818356.664.41$1,261
Nov 2025035858.593.93$1,406
Oct 2025036459.383.30$1,203
Sep 2025033462.743.08$1,028
Aug 2025038463.933.01$1,158
Jul 2025627266.743.32$1,302
Jun 2025033066.483.13$1,032
May 2025035060.553.23$1,131
Apr 2025025262.363.54$893
Mar 2025728267.704.27$1,678
Feb 2025021870.884.34$946
Jan 2025026774.324.28$1,142
Dec 2024042068.993.12$1,311
Nov 2024941369.052.20$1,529
Oct 2024038471.372.28$876
Sep 2024027569.612.36$650
Aug 2024027575.632.06$568
Jul 2024028979.932.15$620
Jun 202401,12578.082.63$2,963
May 20240078.812.20$0
Apr 2024014584.451.66$241
Mar 2024321280.301.55$568
Feb 2024017576.091.78$312
Jan 2024017073.023.30$561
Dec 2023312071.262.61$527
Nov 2023016477.892.81$460
Oct 2023018685.443.09$574
Sep 2023016889.042.74$459
Aug 2023517080.522.67$857
Jul 2023028374.852.64$748
Jun 2023432468.962.26$1,008
May 2023032570.622.23$724
Apr 2023029878.122.24$667
Mar 2023027272.852.39$651
Feb 2023820175.112.47$1,096
Jan 2023020876.533.39$705
Dec 20221220876.415.73$2,109
Nov 2022030085.005.65$1,694
Oct 2022069487.185.86$4,069
Sep 2022072584.888.16$5,919
Aug 2022044094.529.13$4,016
Jul 202201,164101.587.54$8,779
Jun 20220569115.097.98$4,539
May 2022161,139109.378.43$11,355
Apr 202201,098104.226.84$7,508
Mar 202211857108.885.08$5,548
Feb 2022052491.054.86$2,546
Jan 2022097481.844.54$4,420
Dec 202181,50371.323.90$6,431
Nov 2021050077.435.24$2,618
Oct 2021036179.795.71$2,063
Sep 2021095269.865.35$5,094
Aug 2021062866.024.22$2,651
Jul 2021051570.783.98$2,051
Jun 2021049269.493.38$1,663
May 2021946663.483.02$1,978
Apr 2021039860.362.76$1,098
Mar 20211046861.302.72$1,885
Feb 2021030457.805.55$1,687
Jan 2021038050.412.81$1,068
Dec 2020048944.642.68$1,308
Nov 20201163438.772.71$2,142
Oct 2020048336.972.48$1,197
Sep 2020067237.091.99$1,338
Aug 2020098839.982.39$2,356
Jul 20201579038.371.83$2,017
Jun 20201774934.901.69$1,859
May 2020086816.921.81$1,575
Apr 202001,08614.751.80$1,960
Mar 2020082330.341.86$1,528
Feb 20201394149.881.98$2,512
Jan 20201297357.252.09$2,725
Dec 2019087859.012.30$2,023
Nov 2019385455.302.75$2,515
Oct 201901,27353.472.42$3,079
Sep 201901,06055.052.66$2,817
Aug 2019731553.112.30$1,098
Jul 2019857756.272.46$1,870
Jun 2019061152.782.49$1,522
May 2019077558.482.74$2,124
Apr 2019061562.632.75$1,692
Mar 2019165756.803.06$2,069
Feb 2019256150.852.79$1,668
Jan 2019051446.033.23$1,659
Dec 2018054346.594.19$2,273
Nov 20182050052.934.24$3,177
Oct 2018072361.443.40$2,457
Sep 2018092259.543.11$2,866
Aug 20181265259.403.07$2,712
Jul 2018059665.142.93$1,747
Jun 20181385260.183.08$3,404
May 201801,30765.382.90$3,791
Apr 2018892163.842.90$3,182
Mar 2018074261.222.79$2,068
Feb 2018055561.782.77$1,535
Jan 2018866762.874.01$3,177
Dec 2017030057.272.92$876
Nov 2017840955.423.12$1,719
Oct 20171243449.292.98$1,886
Sep 2017067247.523.09$2,075
Aug 2017067745.373.00$2,034
Jul 2017663043.873.09$2,208
Jun 20171271642.493.09$2,720
May 2017074045.373.26$2,415
Apr 2017042447.933.21$1,362
Mar 20171038646.772.98$1,619
Feb 2017765650.452.95$2,290
Jan 2017052149.413.42$1,781
Dec 2016561148.763.72$2,518
Nov 2016333842.492.64$1,021
Oct 2016060546.193.09$1,870
Sep 2016094541.553.10$2,930
Aug 2016740741.442.92$1,480
Jul 201601,06941.622.92$3,126
Jun 2016201,01045.352.69$3,620
May 201601,02942.521.99$2,049
Apr 2016985836.561.99$2,037
Mar 20161068733.011.79$1,563
Feb 2016064126.472.06$1,323
Jan 2016872827.352.36$1,940
Dec 2015774132.362.00$1,710
Nov 2015768638.792.17$1,758
Oct 201511,00243.552.43$2,475
Sep 2015131,01042.992.76$3,345
Aug 201551,05240.162.87$3,223
Jul 201591,14548.152.95$3,805
Jun 201591,18156.152.88$3,910
May 2015181,42955.212.96$5,217
Apr 2015261,17349.822.71$4,470
Mar 201501,47142.892.93$4,317
Feb 2015171,64744.662.98$5,661
Jan 2015141,14043.433.10$4,143
Dec 2014131,91554.693.59$7,588
Nov 201401,80570.464.25$7,675
Oct 2014252,00278.303.90$9,767
Sep 2014101,62186.164.05$7,419
Aug 201401,98289.394.04$7,998
Jul 201401,83296.564.18$7,657
Jun 201401,55798.164.74$7,375
May 201401,81994.734.73$8,598
Apr 201401,56095.944.81$7,502
Mar 201401,86095.895.06$9,406
Feb 201401,61297.406.19$9,982
Jan 2014089990.404.86$4,370
Dec 201301,03991.824.35$4,524
Nov 2013074588.853.74$2,785
Oct 2013085397.423.78$3,224
Sep 20130772104.113.72$2,870
Aug 20130694104.253.52$2,445
Jul 20130547102.523.72$2,034
Jun 2013062994.403.93$2,474
May 2013071794.834.15$2,975
Apr 2013070793.964.28$3,028
Mar 2013077793.623.91$3,040
Feb 2013074791.233.42$2,555
Jan 201341,15091.603.42$4,299
Dec 201291,18186.773.42$4,820
Nov 201201,14986.953.62$4,165
Oct 201202,33489.383.40$7,935
Sep 201201,31994.672.92$3,849
Aug 2012048292.662.91$1,402
Jul 2012078585.133.02$2,371
Jun 201221,74279.822.52$4,548
May 201271,94191.612.49$5,471
Apr 201209101.652.00$18
Mar 20120107105.052.22$238
Feb 20120482101.102.57$1,239
Jan 2012055998.092.73$1,528
Dec 2011057896.873.24$1,873
Nov 2011047395.723.31$1,566
Oct 2011022184.983.65$806
Sep 2011043083.623.99$1,714
Aug 2011052183.404.15$2,162
Jul 2011061794.144.52$2,787
Jun 2011032792.904.64$1,517
May 2011032198.134.40$1,414
Apr 20110246105.964.33$1,066
Mar 2011033296.364.06$1,347
Feb 2011024585.644.18$1,024
Jan 2011033986.504.59$1,556
Dec 2010045385.734.35$1,970
Nov 2010048580.843.80$1,841
Oct 2010044478.103.51$1,558
Sep 2010029372.633.98$1,166
Aug 2010029773.684.42$1,313
Jul 2010032772.554.74$1,549
Jun 2010028370.364.91$1,390
May 2010027271.124.24$1,152
Apr 2010034581.694.12$1,422
Mar 2010034278.394.39$1,501
Feb 2010037773.585.44$2,052
Jan 2010047774.365.96$2,845
Dec 2009061771.445.48$3,383
Nov 2009077274.593.75$2,896
Oct 2009079372.544.11$3,259
Sep 2009088865.543.06$2,722
Aug 200901,18067.423.22$3,798
Jul 200901,16061.133.46$4,019
Jun 200901,16466.163.90$4,534
May 200901,28354.743.93$5,037
Apr 200901,42946.773.59$5,127
Mar 200901,59242.144.06$6,462
Feb 200901,63732.814.63$7,584
Jan 200901,88135.865.37$10,103
Dec 200802,58837.105.98$15,469
Nov 200802,56355.496.86$17,583
Oct 200802,95675.246.92$20,461
Sep 200803,942101.767.88$31,051
Aug 200801,554114.228.48$13,183
Jul 200803,283131.0811.39$37,392
Jun 200803,009131.3313.03$39,215
May 200802,141123.1711.57$24,781
Apr 200802,057110.3110.45$21,506
Mar 200802,512101.909.66$24,276
Feb 200802,96792.538.77$26,022
Jan 200802,52290.388.21$20,695
Dec 200702,14688.337.30$15,670
Nov 200702,34191.677.29$17,070
Oct 200703,45982.856.92$23,943
Sep 200703,36575.846.24$21,012
Aug 200703,50169.066.39$22,364
Jul 200703,78170.906.39$24,153
Jun 200703,58762.007.55$27,076
May 200704,42458.747.85$34,712
Apr 200702,39859.617.81$18,717
Mar 200704,43756.927.30$32,399
Feb 200704,33255.108.22$35,592
Jan 200705,20650.306.73$35,020
Dec 200606,30156.656.92$43,593
Nov 200606,23254.207.62$47,472
Oct 200602,57354.906.01$15,474
Sep 200602,31560.085.04$11,661
Aug 200602,28868.717.34$16,794
Jul 200602,87669.376.34$18,242
Jun 200603,17966.286.38$20,294
May 200603,08466.016.42$19,815
Apr 200602,79364.397.36$20,558
Mar 200602,92756.707.08$20,732
Feb 200602,25457.597.75$17,471
Jan 200602,85060.598.93$25,460
Dec 200503,25154.9413.42$43,613
Nov 200502,99754.6910.59$31,733
Oct 200503,19058.3413.80$44,008
Sep 200503,17561.4512.08$38,351
Aug 200503,46561.519.80$33,946
Jul 200503,13855.697.84$24,613
Jun 200503,55452.337.38$26,232
May 200503,09145.226.65$20,559
Apr 200503,81149.207.36$28,051
Mar 200503,72650.377.15$26,659
Feb 200503,16545.226.31$19,977
Jan 200503,98143.166.32$25,169
Dec 200403,68739.866.75$24,891
Nov 200403,27245.286.33$20,713
Oct 200403,91049.706.52$25,474
Sep 200403,63243.245.28$19,191
Aug 200403,36442.375.55$18,672
Jul 200403,08138.286.08$18,745
Jun 200412,71136.106.43$17,476
May 200403,98637.486.49$25,887
Apr 200403,26334.475.86$19,116
Mar 200404,22234.365.53$23,348
Feb 200401,45232.455.51$8,000
Jan 200403,72732.036.30$23,479
Dec 200304,77230.266.30$30,071
Nov 200304,50028.804.60$20,678
Oct 200303,80628.174.76$18,115
Sep 200303,67026.314.75$17,430
Aug 200303,86729.765.13$19,837
Jul 200304,39529.415.17$22,726
Jun 200303,96828.565.98$23,740
May 200305,00326.595.97$29,881
Apr 200303,10126.675.41$16,768
Mar 200303,14531.146.10$19,172
Feb 200302,72733.487.93$21,614
Jan 200305,14630.315.58$28,725
Dec 200203,05926.914.85$14,848
Nov 200203,86724.664.14$15,998
Oct 200204,01926.464.23$16,997
Sep 200202,94227.443.64$10,695
Aug 200204,29125.963.16$13,577
Jul 200204,18224.583.06$12,804
Jun 200203,88923.733.34$12,982
May 200204,73724.663.58$16,977
Apr 200205,73823.653.51$20,154
Mar 200206,68722.003.10$20,748
Feb 200206,03018.222.38$14,325
Jan 200204,50217.172.38$10,695
Dec 200101,70616.932.36$4,034
Nov 200106,47118.072.41$15,566
Oct 200107,88419.782.53$19,938
Sep 200105,85824.262.25$13,188
Aug 200106,51424.873.05$19,888
Jul 200104,90923.933.20$15,694
Jun 200103,48524.563.82$13,327
May 200105,08025.524.31$21,881
Apr 200105,04524.685.34$26,917
Mar 200105,43624.545.38$29,226
Feb 200104,22527.755.77$24,366
Jan 200105,84627.478.40$49,099
Dec 200005,64726.889.12$51,515
Nov 200005,56832.215.66$31,504
Oct 200004,19531.235.15$21,585
Sep 200003,93431.875.19$20,404
Aug 200004,84929.644.54$22,018
Jul 200004,44928.534.09$18,195
Jun 200004,80929.304.40$21,146
May 200004,33227.263.68$15,941
Apr 200004,61324.513.12$14,374
Mar 200004,69128.422.86$13,415
Feb 200004,54827.622.73$12,400
Jan 200004,52825.272.48$11,232
Dec 199905,02724.282.42$12,184
Nov 199904,86823.192.43$11,849
Oct 199904,72820.982.80$13,256
Sep 199904,21721.752.62$11,044
Aug 199905,16919.262.88$14,864
Jul 199904,80017.892.37$11,387
Jun 199904,90815.942.36$11,593
May 199905,09915.792.32$11,835
Apr 199906,00415.102.21$13,257
Mar 199901,11012.471.84$2,041
Feb 199904,2519.981.82$7,727
Jan 199905,78110.381.90$10,984
Dec 199804,4239.201.77$7,843
Nov 199804,76510.892.19$10,415
Oct 199806,47912.421.97$12,759
Sep 199804,63812.592.08$9,659
Aug 199805,12311.301.91$9,771
Jul 199805,64611.742.24$12,632
Jun 199804,71811.242.24$10,555
May 199804,86412.622.21$10,732
Apr 199805,67213.042.51$14,210
Mar 199805,22312.802.31$12,062
Feb 199805,24113.952.30$12,050
Jan 199804,78214.702.15$10,304
Dec 199706,19116.322.41$14,927
Nov 199704,45518.193.09$13,758
Oct 199706,10419.253.15$19,227
Sep 199704,05417.742.95$11,979
Aug 199705,09517.862.55$13,016
Jul 199705,21117.582.25$11,709
Jun 199705,47917.242.26$12,367
May 199705,44718.972.31$12,574
Apr 199706,04717.882.08$12,595
Mar 199706,52418.951.94$12,651
Feb 199704,00420.492.21$8,832
Jan 199704,54923.483.54$16,102
Dec 199605,52323.32$0
Nov 199604,41721.97$0
Oct 199604,00323.31$0
Sep 199604,46922.22$0
Aug 199605,09120.26$0
Jul 199604,71219.55$0
Jun 199605,38418.73$0
May 199605,86919.43$0
Apr 199606,94121.51$0
Mar 199605,41319.38$0
Feb 19960016.98$0
Jan 199603,03217.07$0
Dec 199505,72717.19$0
Nov 199505,98116.00$0
Oct 199505,98015.43$0
Sep 199505,62916.18$0
Aug 199506,24615.92$0
Jul 199505,66515.24$0
Jun 199505,68916.41$0
May 199505,89017.56$0
Apr 199506,18617.73$0
Mar 199505,96316.44$0
Feb 199506,50516.58$0
Jan 199507,02415.92$0
Dec 199406,41915.03$0
Nov 199407,99215.90$0
Oct 199405,15815.58$0
Sep 199407,80115.29$0
Aug 199406,48916.13$0
Jul 199406,66017.56$0
Jun 199406,66717.09$0
May 199408,51715.88$0
Apr 199406,68914.14$0
Mar 199407,72812.46$0
Feb 199407,40912.50$0
Jan 199407,73112.66$0
Dec 199309,41812.33$0
Nov 1993010,21014.49$0
Oct 199307,58615.85$0
Sep 199307,65515.03$0
Aug 199308,44115.66$0
Jul 1993010,60015.46$0
Jun 199309,19716.79$0
May 1993011,36917.68$0
Apr 199306,53418.05$0
Mar 199308,15118.14$0
Feb 199309,20617.90$0
Jan 1993015,87116.93$0

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                  265 Mcf  × $  3.05 =       $807

────────────────────────────────────────────────────
Month total                                     $807

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. 05/G/102480 is the state's own key, not one this site invented.