HANCOCK "V"

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 114372District 05Field 88576304Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$74 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
CondensateDisposition3,105 bbl$104,908
GasProduction1,103,961 Mcf$3,851,016
Total$3,955,924

189,247 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 31.6819, -96.2771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68186, -96.27709 · 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
13,685 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 13,685 ft.

Completions filed
Oct 1984
1 of 1 wells

1 well

42-16130928113,685 ftOct 1984

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 202601,305106.413.05$3,975
Apr 202601,39698.932.87$4,006
Mar 202601,83789.753.15$5,786
Feb 202601,87163.503.75$7,017
Jan 202601,33459.138.00$10,669
Dec 202501,81956.664.41$8,028
Nov 202501,47958.593.93$5,807
Oct 202501,78459.383.30$5,896
Sep 202501,69662.743.08$5,218
Aug 202502,04363.933.01$6,159
Jul 202501,60966.743.32$5,334
Jun 202501,95066.483.13$6,101
May 202501,75060.553.23$5,657
Apr 202501,84762.363.54$6,544
Mar 202501,87567.704.27$8,003
Feb 202501,66470.884.34$7,223
Jan 202502,38674.324.28$10,209
Dec 202401,40968.993.12$4,398
Nov 202402,27869.052.20$5,008
Oct 202401,25471.372.28$2,861
Sep 202401,80569.612.36$4,268
Aug 202401,41075.632.06$2,910
Jul 202401,79079.932.15$3,842
Jun 202402,83478.082.63$7,465
May 20240078.812.20$0
Apr 202401,18684.451.66$1,968
Mar 202401,96280.301.55$3,032
Feb 202401,62476.091.78$2,897
Jan 202401,60073.023.30$5,276
Dec 202301,75771.262.61$4,587
Nov 202301,81577.892.81$5,096
Oct 202301,55685.443.09$4,804
Sep 202301,58389.042.74$4,330
Aug 202301,82180.522.67$4,867
Jul 202301,99074.852.64$5,257
Jun 202301,93668.962.26$4,372
May 202301,99870.622.23$4,450
Apr 202301,98778.122.24$4,446
Mar 202302,05972.852.39$4,928
Feb 202301,93975.112.47$4,781
Jan 202302,25676.533.39$7,643
Dec 202201,95476.415.73$11,195
Nov 202201,91285.005.65$10,796
Oct 202202,05387.185.86$12,038
Sep 202201,69384.888.16$13,821
Aug 202202,05094.529.13$18,711
Jul 202202,061101.587.54$15,544
Jun 202201,937115.097.98$15,452
May 202202,005109.378.43$16,908
Apr 202202,023104.226.84$13,832
Mar 202201,965108.885.08$9,975
Feb 202201,82891.054.86$8,882
Jan 202202,19181.844.54$9,942
Dec 202102,20071.323.90$8,578
Nov 202102,02577.435.24$10,605
Oct 202102,03479.795.71$11,622
Sep 202102,06669.865.35$11,055
Aug 202102,01366.024.22$8,496
Jul 202102,01270.783.98$8,012
Jun 202101,17969.493.38$3,986
May 202101,44063.483.02$4,345
Apr 202101,41660.362.76$3,906
Mar 202102,06161.302.72$5,600
Feb 202101,00457.805.55$5,570
Jan 202101,67350.412.81$4,702
Dec 202001,88044.642.68$5,030
Nov 202001,97138.772.71$5,335
Oct 202002,15236.972.48$5,334
Sep 202002,20437.091.99$4,388
Aug 202001,61439.982.39$3,850
Jul 202001,79338.371.83$3,272
Jun 202001,91734.901.69$3,240
May 202001,90116.921.81$3,450
Apr 202001,64114.751.80$2,961
Mar 202002,06430.341.86$3,831
Feb 202001,48549.881.98$2,941
Jan 202001,03957.252.09$2,176
Dec 201901,92259.012.30$4,429
Nov 201901,92855.302.75$5,303
Oct 201902,01553.472.42$4,873
Sep 201901,74755.052.66$4,642
Aug 201901,93853.112.30$4,466
Jul 201901,87256.272.46$4,605
Jun 201902,07752.782.49$5,174
May 201902,18358.482.74$5,982
Apr 201902,08062.632.75$5,721
Mar 201902,32356.803.06$7,113
Feb 201901,74150.852.79$4,861
Jan 201901,84946.033.23$5,969
Dec 201802,26846.594.19$9,493
Nov 201802,06052.934.24$8,729
Oct 201802,13861.443.40$7,265
Sep 201802,12159.543.11$6,592
Aug 201802,43259.403.07$7,458
Jul 201802,25365.142.93$6,606
Jun 201802,27660.183.08$7,003
May 201802,43965.382.90$7,075
Apr 20181701,78263.842.90$16,022
Mar 201802,27161.222.79$6,329
Feb 201802,11761.782.77$5,856
Jan 201802,15562.874.01$8,640
Dec 201702,34157.272.92$6,839
Nov 201702,32855.423.12$7,260
Oct 201702,51149.292.98$7,492
Sep 201702,12647.523.09$6,564
Aug 201702,44145.373.00$7,334
Jul 201702,87143.873.09$8,864
Jun 201703,00242.493.09$9,268
May 201703,35845.373.26$10,959
Apr 201703,18147.933.21$10,216
Mar 201701,71446.772.98$5,114
Feb 201703,40750.452.95$10,060
Jan 201703,30949.413.42$11,313
Dec 201603,43748.763.72$12,795
Nov 201602,34042.492.64$6,188
Oct 201601,90846.193.09$5,896
Sep 201601,96241.553.10$6,083
Aug 201602,10541.442.92$6,156
Jul 201601,60041.622.92$4,679
Jun 201602,01945.352.69$5,423
May 201601,66942.521.99$3,323
Apr 201602,72736.561.99$5,430
Mar 20161813,98733.011.79$13,128
Feb 201602,11726.472.06$4,369
Jan 201602,37527.352.36$5,615
Dec 201502,15532.362.00$4,313
Nov 201501,27638.792.17$2,766
Oct 201502,13243.552.43$5,173
Sep 201501,89342.992.76$5,222
Aug 201502,10240.162.87$6,038
Jul 201501,88548.152.95$5,551
Jun 201502,17756.152.88$6,276
May 201502,39055.212.96$7,064
Apr 201502,23449.822.71$6,046
Mar 201501,78642.892.93$5,241
Feb 201503,21344.662.98$9,563
Jan 201501,63043.433.10$5,054
Dec 201401,25654.693.59$4,511
Nov 201401,24970.464.25$5,311
Oct 201401,69178.303.90$6,597
Sep 201401,37686.164.05$5,567
Aug 201401,19289.394.04$4,810
Jul 201401,82696.564.18$7,632
Jun 201401,88798.164.74$8,938
May 201401,91194.734.73$9,032
Apr 201402,13295.944.81$10,253
Mar 20141741,84395.895.06$26,005
Feb 201401,31397.406.19$8,130
Jan 201401,75990.404.86$8,550
Dec 201302,51191.824.35$10,934
Nov 201302,09788.853.74$7,839
Oct 201301,46597.423.78$5,537
Sep 201301,710104.113.72$6,357
Aug 201301,416104.253.52$4,988
Jul 201301,546102.523.72$5,748
Jun 201301,25094.403.93$4,917
May 201301,75494.834.15$7,277
Apr 201301,43593.964.28$6,146
Mar 201301,76293.623.91$6,894
Feb 201301,59991.233.42$5,468
Jan 201301,57691.603.42$5,390
Dec 201201,34986.773.42$4,614
Nov 201201,59086.953.62$5,764
Oct 201201,89889.383.40$6,453
Sep 201201,68494.672.92$4,915
Aug 201201,11792.662.91$3,248
Jul 201201,17485.133.02$3,546
Jun 201201,32579.822.52$3,338
May 201201,50091.612.49$3,732
Apr 201201,947101.652.00$3,888
Mar 201202,112105.052.22$4,693
Feb 20120586101.102.57$1,506
Jan 2012184798.092.73$2,414
Dec 201102,10096.873.24$6,803
Nov 201112,14695.723.31$7,202
Oct 201102,77584.983.65$10,125
Sep 201102,15883.623.99$8,601
Aug 201101,97883.404.15$8,207
Jul 201102,17294.144.52$9,811
Jun 201101,50192.904.64$6,964
May 201101,91998.134.40$8,453
Apr 201102,200105.964.33$9,533
Mar 201102,36996.364.06$9,612
Feb 201102,15885.644.18$9,020
Jan 201101,12186.504.59$5,144
Dec 201002,11385.734.35$9,187
Nov 201002,74480.843.80$10,414
Oct 201002,28778.103.51$8,025
Sep 20101902,38272.633.98$23,279
Aug 201002,64273.684.42$11,676
Jul 201002,36972.554.74$11,221
Jun 201002,20970.364.91$10,847
May 201002,56371.124.24$10,855
Apr 201002,72081.694.12$11,214
Mar 201002,71878.394.39$11,928
Feb 201001,99373.585.44$10,847
Jan 201001,59474.365.96$9,507
Dec 200902,27571.445.48$12,476
Nov 200902,77174.593.75$10,395
Oct 200902,51872.544.11$10,350
Sep 200902,23065.543.06$6,834
Aug 200903,20267.423.22$10,306
Jul 200902,51961.133.46$8,727
Jun 200902,20466.163.90$8,585
May 200903,08354.743.93$12,103
Apr 200902,80146.773.59$10,049
Mar 200902,39042.144.06$9,701
Feb 200903,09432.814.63$14,335
Jan 200903,79835.865.37$20,399
Dec 200803,30037.105.98$19,725
Nov 200802,74155.496.86$18,804
Oct 200801,54875.246.92$10,715
Sep 200801,722101.767.88$13,564
Aug 200801,733114.228.48$14,701
Jul 200801,983131.0811.39$22,585
Jun 200801,982131.3313.03$25,831
May 200801,771123.1711.57$20,498
Apr 200804,279110.3110.45$44,736
Mar 200805,411101.909.66$52,292
Feb 200821,74492.538.77$15,481
Jan 200801,92990.388.21$15,829
Dec 200702,00988.337.30$14,670
Nov 200702,14691.677.29$15,648
Oct 200702,41482.856.92$16,710
Sep 2007090675.846.24$5,657
Aug 200701,95869.066.39$12,508
Jul 20071792,45970.906.39$28,399
Jun 200703,88362.007.55$29,311
May 200702,01958.747.85$15,842
Apr 200701,89959.617.81$14,822
Mar 200702,09856.927.30$15,320
Feb 200701,54255.108.22$12,669
Jan 200701,86050.306.73$12,512
Dec 200601,95956.656.92$13,553
Nov 200601,92254.207.62$14,641
Oct 200602,43954.906.01$14,668
Sep 200602,19760.085.04$11,067
Aug 200602,52268.717.34$18,511
Jul 200602,30669.376.34$14,626
Jun 200602,47566.286.38$15,800
May 200602,82966.016.42$18,176
Apr 200602,97764.397.36$21,912
Mar 200603,07356.707.08$21,766
Feb 200602,73157.597.75$21,168
Jan 200602,75460.598.93$24,602
Dec 200502,67154.9413.42$35,833
Nov 200502,77454.6910.59$29,372
Oct 200503,03958.3413.80$41,925
Sep 200503,05361.4512.08$36,877
Aug 200503,21061.519.80$31,448
Jul 200504,40455.697.84$34,543
Jun 200504,40052.337.38$32,477
May 200504,58445.226.65$30,489
Apr 200503,26449.207.36$24,025
Mar 200502,24950.377.15$16,091
Feb 200501,90345.226.31$12,012
Jan 200502,14243.166.32$13,542
Dec 200402,24539.866.75$15,156
Nov 200402,37745.286.33$15,047
Oct 200402,66549.706.52$17,363
Sep 200402,58643.245.28$13,664
Aug 200402,28342.375.55$12,672
Jul 200402,54338.286.08$15,472
Jun 200402,89836.106.43$18,643
May 200402,35637.486.49$15,301
Apr 200403,43634.475.86$20,130
Mar 20041843,04534.365.53$23,162
Feb 200403,30532.455.51$18,209
Jan 200403,24032.036.30$20,411
Dec 200303,02930.266.30$19,088
Nov 200303,25028.804.60$14,934
Oct 200303,32328.174.76$15,816
Sep 200303,95426.314.75$18,779
Aug 200304,02029.765.13$20,621
Jul 200303,61029.415.17$18,667
Jun 200304,04128.565.98$24,177
May 200304,25126.595.97$25,390
Apr 200303,99826.675.41$21,618
Mar 200304,41831.146.10$26,932
Feb 200303,50333.487.93$27,764
Jan 200303,78430.315.58$21,122
Dec 200203,65126.914.85$17,721
Nov 200203,97124.664.14$16,428
Oct 200203,84526.464.23$16,261
Sep 20021864,16327.443.64$20,237
Aug 200203,21225.963.16$10,163
Jul 200202,84924.583.06$8,723
Jun 200202,49823.733.34$8,339
May 200203,60224.663.58$12,910
Apr 200203,41723.653.51$12,002
Mar 200203,19022.003.10$9,898
Feb 200204,28818.222.38$10,187
Jan 200202,49317.172.38$5,923
Dec 200101,96116.932.36$4,637
Nov 200103,84518.072.41$9,249
Oct 200101,92919.782.53$4,878
Sep 200103,91524.262.25$8,814
Aug 200104,39424.873.05$13,416
Jul 20011804,57623.933.20$18,937
Jun 200103,90624.563.82$14,937
May 200104,27525.524.31$18,414
Apr 200104,69024.685.34$25,023
Mar 200104,19224.545.38$22,538
Feb 200102,44427.755.77$14,095
Jan 200103,02127.478.40$25,373
Dec 200003,43126.889.12$31,299
Nov 200002,11732.215.66$11,978
Oct 200004,89331.235.15$25,177
Sep 200004,58231.875.19$23,765
Aug 200004,43029.644.54$20,116
Jul 200004,97628.534.09$20,351
Jun 200005,27029.304.40$23,174
May 20001884,98727.263.68$23,476
Apr 200004,23924.513.12$13,209
Mar 200004,90428.422.86$14,024
Feb 200004,33027.622.73$11,806
Jan 200006,20325.272.48$15,387
Dec 199906,91824.282.42$16,767
Nov 199903,34923.192.43$8,151
Oct 199903,16620.982.80$8,877
Sep 199903,97821.752.62$10,418
Aug 199903,83819.262.88$11,037
Jul 19991845,85617.892.37$17,184
Jun 199902,91315.942.36$6,881
May 199903,49515.792.32$8,112
Apr 199903,53815.102.21$7,812
Mar 199903,90112.471.84$7,171
Feb 199903,7239.981.82$6,768
Jan 199903,62810.381.90$6,893
Dec 199803,4009.201.77$6,029
Nov 199804,42010.892.19$9,661
Oct 199804,38112.421.97$8,627
Sep 199805,54912.592.08$11,556
Aug 199803,87111.301.91$7,383
Jul 199805,02411.742.24$11,240
Jun 199804,83811.242.24$10,824
May 19981876,84312.622.21$17,458
Apr 199805,71913.042.51$14,328
Mar 19981908,83412.802.31$22,834
Feb 199806,99813.952.30$16,089
Jan 199806,42214.702.15$13,838
Dec 199708,38116.322.41$20,207
Nov 199708,24218.193.09$25,453
Oct 199706,68719.253.15$21,063
Sep 199701,95117.742.95$5,765
Aug 199702,08917.862.55$5,337
Jul 199704,53817.582.25$10,197
Jun 199701,95517.242.26$4,413
May 199703,61818.972.31$8,352
Apr 199701,29417.882.08$2,695
Mar 19971812,21618.951.94$7,727
Feb 199701,32320.492.21$2,918
Jan 199701,61023.483.54$5,699
Dec 199601,45623.32$0
Nov 199601,50121.97$0
Oct 199601,83523.31$0
Sep 199601,95922.22$0
Aug 199603,00520.26$0
Jul 199603,61719.55$0
Jun 199602,92718.73$0
May 199603,87819.43$0
Apr 199603,33121.51$0
Mar 199604,28119.38$0
Feb 19961823,42916.98$3,090
Jan 199604,47417.07$0
Dec 199504,40417.19$0
Nov 199503,27216.00$0
Oct 199503,70315.43$0
Sep 199504,44416.18$0
Aug 199503,48315.92$0
Jul 199503,90615.24$0
Jun 199503,85616.41$0
May 199504,04617.56$0
Apr 19951814,13517.73$3,209
Mar 199504,19916.44$0
Feb 199505,02816.58$0
Jan 199505,03315.92$0
Dec 199403,78215.03$0
Nov 199403,39215.90$0
Oct 199403,84015.58$0
Sep 199403,64115.29$0
Aug 199404,28316.13$0
Jul 199404,42317.56$0
Jun 199404,76517.09$0
May 199405,84215.88$0
Apr 19941833,15314.14$2,588
Mar 199403,88412.46$0
Feb 199403,50312.50$0
Jan 199404,31912.66$0
Dec 199305,35912.33$0
Nov 199303,17414.49$0
Oct 199304,86015.85$0
Sep 199303,89215.03$0
Aug 199305,42715.66$0
Jul 199303,86215.46$0
Jun 199304,25516.79$0
May 199305,30717.68$0
Apr 19931815,16718.05$3,267
Mar 199304,58318.14$0
Feb 199303,71317.90$0
Jan 199305,61916.93$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                1,305 Mcf  × $  3.05 =     $3,975

────────────────────────────────────────────────────
Month total                                   $3,975

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/114372 is the state's own key, not one this site invented.