BAUM ESTATE

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 118328District 05Field 88576304Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$973 k
Jan 1993 – May 2026
Value, last 12 filed months
$13 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
CondensateDisposition308 bbl$13,965
GasProduction311,216 Mcf$959,315
Total$973,280

66,886 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 31.7299, -96.2923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72991, -96.29227 · 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
11,900 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 11,900 ft.

Completions filed
Sep 1985
1 of 1 wells

1 well

42-16130445111,900 ftSep 1985

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 20260314106.413.05$956
Apr 2026022398.932.87$640
Mar 2026033289.753.15$1,046
Feb 2026025863.503.75$968
Jan 2026034559.138.00$2,759
Dec 2025036256.664.41$1,598
Nov 2025014158.593.93$554
Oct 2025041459.383.30$1,368
Sep 2025018462.743.08$566
Aug 2025034163.933.01$1,028
Jul 2025031466.743.32$1,041
Jun 2025027366.483.13$854
May 2025033560.553.23$1,083
Apr 2025025062.363.54$886
Mar 2025037367.704.27$1,592
Feb 2025034070.884.34$1,476
Jan 2025039474.324.28$1,686
Dec 2024030168.993.12$940
Nov 2024030269.052.20$664
Oct 2024030971.372.28$705
Sep 2024032069.612.36$757
Aug 2024043175.632.06$889
Jul 2024033779.932.15$723
Jun 2024071478.082.63$1,881
May 20240078.812.20$0
Apr 202405084.451.66$83
Mar 2024024880.301.55$383
Feb 2024027776.091.78$494
Jan 2024025973.023.30$854
Dec 2023026371.262.61$687
Nov 2023025677.892.81$719
Oct 2023031985.443.09$985
Sep 2023046389.042.74$1,266
Aug 2023038180.522.67$1,018
Jul 2023040174.852.64$1,059
Jun 2023039368.962.26$888
May 2023043870.622.23$976
Apr 2023040078.122.24$895
Mar 2023041472.852.39$991
Feb 2023032875.112.47$809
Jan 2023030376.533.39$1,026
Dec 2022037976.415.73$2,171
Nov 2022052385.005.65$2,953
Oct 2022042587.185.86$2,492
Sep 2022058184.888.16$4,743
Aug 2022056994.529.13$5,193
Jul 20220593101.587.54$4,472
Jun 202201,027115.097.98$8,193
May 20220916109.378.43$7,725
Apr 202201,116104.226.84$7,631
Mar 20220699108.885.08$3,548
Feb 2022062491.054.86$3,032
Jan 2022069981.844.54$3,172
Dec 2021068371.323.90$2,663
Nov 2021069377.435.24$3,629
Oct 202101,22079.795.71$6,971
Sep 2021090369.865.35$4,832
Aug 202101,58666.024.22$6,694
Jul 2021086570.783.98$3,445
Jun 2021097569.493.38$3,296
May 202101,28563.483.02$3,878
Apr 2021097460.362.76$2,687
Mar 202101,61861.302.72$4,396
Feb 202101,00857.805.55$5,592
Jan 202101,16950.412.81$3,285
Dec 202001,13944.642.68$3,047
Nov 202001,45238.772.71$3,930
Oct 202002,38036.972.48$5,899
Sep 202002,36037.091.99$4,699
Aug 202002,05039.982.39$4,889
Jul 202001,12038.371.83$2,044
Jun 202010290234.901.69$5,084
May 202001,10116.921.81$1,998
Apr 202001,65114.751.80$2,979
Mar 202001,63130.341.86$3,028
Feb 202001,68649.881.98$3,339
Jan 202001,74957.252.09$3,664
Dec 201902,11459.012.30$4,871
Nov 201922,30055.302.75$6,437
Oct 201901,92553.472.42$4,656
Sep 201902,73855.052.66$7,276
Aug 201902,68053.112.30$6,176
Jul 201903,20656.272.46$7,887
Jun 201903,48652.782.49$8,684
May 201903,22258.482.74$8,829
Apr 201904,60562.632.75$12,667
Mar 201904,94056.803.06$15,127
Feb 201903,99550.852.79$11,155
Jan 201904,03246.033.23$13,016
Dec 2018093146.594.19$3,897
Nov 2018015852.934.24$669
Oct 2018016661.443.40$564
Sep 2018010959.543.11$339
Aug 2018045359.403.07$1,389
Jul 2018039665.142.93$1,161
Jun 2018028960.183.08$889
May 20181837265.382.90$2,256
Apr 2018052363.842.90$1,517
Mar 2018083961.222.79$2,338
Feb 2018049561.782.77$1,369
Jan 2018016762.874.01$670
Dec 2017019857.272.92$578
Nov 2017033555.423.12$1,045
Oct 2017028549.292.98$850
Sep 2017037147.523.09$1,145
Aug 2017028145.373.00$844
Jul 2017038643.873.09$1,192
Jun 2017035142.493.09$1,084
May 2017040445.373.26$1,318
Apr 2017045147.933.21$1,448
Mar 2017034946.772.98$1,041
Feb 2017029550.452.95$871
Jan 2017042149.413.42$1,439
Dec 2016149248.763.72$1,880
Nov 2016025142.492.64$664
Oct 2016034846.193.09$1,075
Sep 2016050541.553.10$1,566
Aug 2016146041.442.92$1,387
Jul 2016097341.622.92$2,845
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201609333.011.79$167
Feb 2016047326.472.06$976
Jan 2016046527.352.36$1,099
Dec 2015145032.362.00$933
Nov 2015015638.792.17$338
Oct 2015043243.552.43$1,048
Sep 2015027742.992.76$764
Aug 201502340.162.87$66
Jul 2015020048.152.95$589
Jun 2015034256.152.88$986
May 2015044455.212.96$1,312
Apr 2015038049.822.71$1,029
Mar 2015045542.892.93$1,335
Feb 2015037744.662.98$1,122
Jan 2015040243.433.10$1,246
Dec 2014035454.693.59$1,271
Nov 2014044670.464.25$1,896
Oct 2014053978.303.90$2,103
Sep 2014070786.164.05$2,860
Aug 2014078889.394.04$3,180
Jul 2014264596.564.18$2,889
Jun 2014169498.164.74$3,386
May 2014077294.734.73$3,649
Apr 2014081195.944.81$3,900
Mar 2014071595.895.06$3,616
Feb 2014026697.406.19$1,647
Jan 2014044890.404.86$2,178
Dec 2013056491.824.35$2,456
Nov 2013069788.853.74$2,606
Oct 2013072497.423.78$2,736
Sep 20130620104.113.72$2,305
Aug 20130340104.253.52$1,198
Jul 20130416102.523.72$1,547
Jun 2013026494.403.93$1,038
May 2013030794.834.15$1,274
Apr 2013034393.964.28$1,469
Mar 2013058793.623.91$2,297
Feb 2013055291.233.42$1,888
Jan 201301,01791.603.42$3,478
Dec 201201,09286.773.42$3,735
Nov 2012066886.953.62$2,421
Oct 2012078589.383.40$2,669
Sep 2012068294.672.92$1,990
Aug 2012071392.662.91$2,074
Jul 2012061785.133.02$1,864
Jun 2012080179.822.52$2,018
May 2012092091.612.49$2,289
Apr 20120836101.652.00$1,669
Mar 20120829105.052.22$1,842
Feb 20120754101.102.57$1,938
Jan 2012086298.092.73$2,357
Dec 2011080396.873.24$2,602
Nov 2011272195.723.31$2,579
Oct 2011064384.983.65$2,346
Sep 2011075183.623.99$2,993
Aug 2011085683.404.15$3,552
Jul 2011085394.144.52$3,853
Jun 2011080592.904.64$3,735
May 2011270898.134.40$3,315
Apr 20110626105.964.33$2,713
Mar 2011067996.364.06$2,755
Feb 2011060285.644.18$2,516
Jan 2011086086.504.59$3,946
Dec 2010073485.734.35$3,191
Nov 2010083280.843.80$3,158
Oct 20102262378.103.51$3,904
Sep 2010181772.633.98$3,324
Aug 2010191273.684.42$4,104
Jul 2010075172.554.74$3,557
Jun 2010058270.364.91$2,858
May 2010071271.124.24$3,015
Apr 2010061281.694.12$2,523
Mar 2010073278.394.39$3,213
Feb 2010059573.585.44$3,238
Jan 20101491674.365.96$6,504
Dec 200901,23071.445.48$6,745
Nov 2009099274.593.75$3,721
Oct 200901,02072.544.11$4,192
Sep 2009057765.543.06$1,768
Aug 2009876467.423.22$2,998
Jul 2009083061.133.46$2,876
Jun 2009071766.163.90$2,793
May 2009055954.743.93$2,194
Apr 2009091946.773.59$3,297
Mar 200901,02342.144.06$4,152
Feb 2009090232.814.63$4,179
Jan 200901,12735.865.37$6,053
Dec 200811973037.105.98$8,778
Nov 2008082855.496.86$5,680
Oct 2008068675.246.92$4,748
Sep 20080564101.767.88$4,443
Aug 20081936114.228.48$8,054
Jul 200811,473131.0811.39$16,908
Jun 20080552131.3313.03$7,194
May 20080204123.1711.57$2,361
Apr 20080162110.3110.45$1,694
Mar 20080251101.909.66$2,426
Feb 2008019392.538.77$1,693
Jan 2008012390.388.21$1,009
Dec 2007029988.337.30$2,183
Nov 2007028691.677.29$2,085
Oct 2007035682.856.92$2,464
Sep 2007012475.846.24$774
Aug 2007015869.066.39$1,009
Jul 2007013570.906.39$862
Jun 2007013562.007.55$1,019
May 2007015158.747.85$1,185
Apr 2007016659.617.81$1,296
Mar 2007016756.927.30$1,219
Feb 2007047455.108.22$3,894
Jan 200705550.306.73$370
Dec 2006045356.656.92$3,134
Nov 2006065754.207.62$5,005
Oct 2006022354.906.01$1,341
Sep 2006025160.085.04$1,264
Aug 2006026668.717.34$1,952
Jul 2006030169.376.34$1,909
Jun 2006023466.286.38$1,494
May 2006025166.016.42$1,613
Apr 2006024464.397.36$1,796
Mar 2006028756.707.08$2,033
Feb 2006039657.597.75$3,069
Jan 2006096560.598.93$8,621
Dec 2005044954.9413.42$6,024
Nov 2005038454.6910.59$4,066
Oct 2005035958.3413.80$4,953
Sep 2005053861.4512.08$6,499
Aug 2005037761.519.80$3,693
Jul 2005040055.697.84$3,137
Jun 2005058952.337.38$4,347
May 2005043845.226.65$2,913
Apr 2005045449.207.36$3,342
Mar 2005082250.377.15$5,881
Feb 2005063945.226.31$4,033
Jan 2005045443.166.32$2,870
Dec 2004040039.866.75$2,700
Nov 2004043445.286.33$2,747
Oct 2004040749.706.52$2,652
Sep 2004038043.245.28$2,008
Aug 2004049342.375.55$2,736
Jul 2004045638.286.08$2,774
Jun 2004042436.106.43$2,728
May 2004054237.486.49$3,520
Apr 200401,26734.475.86$7,423
Mar 2004299734.365.53$5,582
Feb 200401,97632.455.51$10,887
Jan 2004061432.036.30$3,868
Dec 2003096930.266.30$6,106
Nov 2003063128.804.60$2,900
Oct 2003066928.174.76$3,184
Sep 2003071726.314.75$3,405
Aug 200301,06929.765.13$5,484
Jul 2003072929.415.17$3,770
Jun 2003093528.565.98$5,594
May 200311,21226.595.97$7,265
Apr 200301,19926.675.41$6,483
Mar 200301,00731.146.10$6,139
Feb 200301,16033.487.93$9,194
Jan 2003074430.315.58$4,153
Dec 2002076326.914.85$3,703
Nov 2002022324.664.14$923
Oct 2002028426.464.23$1,201
Sep 2002025927.443.64$942
Aug 2002030825.963.16$975
Jul 2002052924.583.06$1,620
Jun 2002170523.733.34$2,377
May 2002133924.663.58$1,240
Apr 2002040323.653.51$1,415
Mar 2002060822.003.10$1,886
Feb 2002055018.222.38$1,307
Jan 2002076017.172.38$1,806
Dec 2001049216.932.36$1,163
Nov 2001084818.072.41$2,040
Oct 2001020419.782.53$516
Sep 2001032124.262.25$723
Aug 2001030924.873.05$943
Jul 2001036123.933.20$1,154
Jun 2001037524.563.82$1,434
May 2001044625.524.31$1,921
Apr 2001049424.685.34$2,636
Mar 2001080524.545.38$4,328
Feb 2001026427.755.77$1,523
Jan 2001027627.478.40$2,318
Dec 2000069826.889.12$6,368
Nov 2000066532.215.66$3,763
Oct 2000068931.235.15$3,545
Sep 2000060631.875.19$3,143
Aug 2000069629.644.54$3,160
Jul 2000071228.534.09$2,912
Jun 2000042029.304.40$1,847
May 2000022727.263.68$835
Apr 2000059624.513.12$1,857
Mar 2000069528.422.86$1,988
Feb 2000064527.622.73$1,759
Jan 2000078125.272.48$1,937
Dec 199901,54224.282.42$3,737
Nov 1999066323.192.43$1,614
Oct 1999095920.982.80$2,689
Sep 1999028021.752.62$733
Aug 1999038219.262.88$1,098
Jul 1999052617.892.37$1,248
Jun 1999036415.942.36$860
May 1999089115.792.32$2,068
Apr 199901,28315.102.21$2,833
Mar 19990012.471.84$0
Feb 199906949.981.82$1,262
Jan 199901,37410.381.90$2,611
Dec 199808719.201.77$1,545
Nov 1998079310.892.19$1,733
Oct 1998089612.421.97$1,764
Sep 1998050212.592.08$1,045
Aug 1998026811.301.91$511
Jul 1998071511.742.24$1,600
Jun 1998052611.242.24$1,177
May 1998085012.622.21$1,875
Apr 1998081713.042.51$2,047
Mar 1998093112.802.31$2,150
Feb 199801,36313.952.30$3,134
Jan 199801,26314.702.15$2,722
Dec 1997045716.322.41$1,102
Nov 1997050518.193.09$1,560
Oct 1997060619.253.15$1,909
Sep 1997046417.742.95$1,371
Aug 1997054617.862.55$1,395
Jul 1997067117.582.25$1,508
Jun 1997047717.242.26$1,077
May 1997051018.972.31$1,177
Apr 1997052617.882.08$1,096
Mar 1997061918.951.94$1,200
Feb 1997058120.492.21$1,282
Jan 1997091223.483.54$3,228
Dec 1996078523.32$0
Nov 199601,03321.97$0
Oct 199601,06723.31$0
Sep 199601,01622.22$0
Aug 199601,02920.26$0
Jul 199601,02419.55$0
Jun 199601,04718.73$0
May 199601,05219.43$0
Apr 199601,25121.51$0
Mar 199601,18919.38$0
Feb 199601,02016.98$0
Jan 199601,08417.07$0
Dec 199501,06817.19$0
Nov 199501,06516.00$0
Oct 199501,08715.43$0
Sep 199501,02816.18$0
Aug 1995066615.92$0
Jul 199501,10715.24$0
Jun 199501,15216.41$0
May 199501,23517.56$0
Apr 199501,68017.73$0
Mar 1995086116.44$0
Feb 199531,32016.58$50
Jan 199501,05815.92$0
Dec 199401,28915.03$0
Nov 199401,29415.90$0
Oct 199402,06615.58$0
Sep 19940015.29$0
Aug 199401,46316.13$0
Jul 199401,97717.56$0
Jun 199401,31417.09$0
May 199401,85115.88$0
Apr 199402,23014.14$0
Mar 199401,13412.46$0
Feb 199401,52312.50$0
Jan 199402,13212.66$0
Dec 199301,77812.33$0
Nov 199301,79614.49$0
Oct 199301,90515.85$0
Sep 199302,28815.03$0
Aug 199302,50015.66$0
Jul 199301,32815.46$0
Jun 199301,60616.79$0
May 199301,92217.68$0
Apr 199302,17718.05$0
Mar 199312,53318.14$18
Feb 199301,50217.90$0
Jan 199301,35416.93$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                  314 Mcf  × $  3.05 =       $956

────────────────────────────────────────────────────
Month total                                     $956

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/118328 is the state's own key, not one this site invented.