RUSSELL "A"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BEAR GRASS (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118330District 05Field 06476800NGPA filingCondensateGasSaveExport
Value, all time
$683 k
Jan 1993 – Jan 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
349
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 271 leases and 271 wells, and the rule below applies to all of them.

Discovered
1980-03-18
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2007-09-11.

The Commission's schedule remark for this field reads: FOR PRORATION PURPOSES.

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
CondensateDisposition708 bbl$16,643
GasProduction226,897 Mcf$666,391
Total$683,033

8,015 Mcf of this lease's gas, across 16 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 31.3846, -96.2237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38463, -96.22366 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,550 ft
1 wells filed one
Completion to plug
36.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 15,550 ft.

Completions filed
Aug 1985
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 36.4 years across the 1 well that filed both dates, with the middle half between 36.4 years and 36.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28930331115,550 ftAug 1985Jan 2022Yes

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 (349)

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

349 months

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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190959.012.30$21
Nov 201943955.302.75$328
Oct 201901653.472.42$39
Sep 20190055.052.66$0
Aug 20190353.112.30$7
Jul 20190056.272.46$0
Jun 2019012652.782.49$314
May 201902858.482.74$77
Apr 201905662.632.75$154
Mar 201913856.803.06$173
Feb 201908750.852.79$243
Jan 201908046.033.23$258
Dec 201823,98046.594.19$16,751
Nov 201804,08252.934.24$17,296
Oct 201801,29961.443.40$4,414
Sep 201859859.543.11$602
Aug 2018042459.403.07$1,300
Jul 2018438765.142.93$1,395
Jun 2018549560.183.08$1,824
May 2018644465.382.90$1,680
Apr 2018553363.842.90$1,865
Mar 2018661761.222.79$2,087
Feb 2018011061.782.77$304
Jan 2018514662.874.01$900
Dec 2017015857.272.92$462
Nov 201707755.423.12$240
Oct 201707749.292.98$230
Sep 201707647.523.09$235
Aug 201705245.373.00$156
Jul 201702043.873.09$62
Jun 201703742.493.09$114
May 201704945.373.26$160
Apr 2017014747.933.21$472
Mar 2017013946.772.98$415
Feb 2017018150.452.95$534
Jan 2017022849.413.42$779
Dec 2016120048.763.72$793
Nov 2016021842.492.64$576
Oct 2016420846.193.09$828
Sep 2016015641.553.10$484
Aug 2016217841.442.92$603
Jul 201616741.622.92$238
Jun 201601745.352.69$46
May 2016116442.521.99$369
Apr 2016311536.561.99$339
Mar 2016213233.011.79$303
Feb 2016117026.472.06$377
Jan 2016121327.352.36$531
Dec 2015118732.362.00$407
Nov 2015016538.792.17$358
Oct 2015119343.552.43$512
Sep 2015117642.992.76$528
Aug 2015111840.162.87$379
Jul 2015017148.152.95$504
Jun 2015317956.152.88$684
May 2015229555.212.96$982
Apr 2015225849.822.71$798
Mar 2015025742.892.93$754
Feb 2015316744.662.98$631
Jan 2015234243.433.10$1,147
Dec 2014122154.693.59$848
Nov 2014222970.464.25$1,115
Oct 2014119378.303.90$831
Sep 2014217286.164.05$868
Aug 2014217989.394.04$901
Jul 2014018596.564.18$773
Jun 2014020298.164.74$957
May 2014020094.734.73$945
Apr 2014019595.944.81$938
Mar 201409995.895.06$501
Feb 201406997.406.19$427
Jan 2014012590.404.86$608
Dec 201309891.824.35$427
Nov 2013019488.853.74$725
Oct 2013015497.423.78$582
Sep 20130142104.113.72$528
Aug 20130108104.253.52$380
Jul 20130110102.523.72$409
Jun 201306694.403.93$260
May 2013013694.834.15$564
Apr 2013014693.964.28$625
Mar 2013017893.623.91$696
Feb 2013017991.233.42$612
Jan 2013018691.603.42$636
Dec 2012019286.773.42$657
Nov 2012015986.953.62$576
Oct 2012015589.383.40$527
Sep 201202994.672.92$85
Aug 20120592.662.91$15
Jul 201201585.133.02$45
Jun 201207179.822.52$179
May 2012032491.612.49$806
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201106483.404.15$266
Jul 2011111094.144.52$591
Jun 2011017392.904.64$803
May 201105298.134.40$229
Apr 2011029105.964.33$126
Mar 201144096.364.06$548
Feb 201103185.644.18$130
Jan 201107686.504.59$349
Dec 2010015485.734.35$670
Nov 201004980.843.80$186
Oct 201003378.103.51$116
Sep 201002072.633.98$80
Aug 20100773.684.42$31
Jul 201002272.554.74$104
Jun 201001570.364.91$74
May 201002271.124.24$93
Apr 201033081.694.12$369
Mar 201004678.394.39$202
Feb 2010011573.585.44$626
Jan 201003674.365.96$215
Dec 200924771.445.48$401
Nov 2009011274.593.75$420
Oct 200908772.544.11$358
Sep 200909965.543.06$303
Aug 200904867.423.22$154
Jul 200901861.133.46$62
Jun 200902166.163.90$82
May 20090854.743.93$31
Apr 200911346.773.59$93
Mar 200901842.144.06$73
Feb 20090532.814.63$23
Jan 200902035.865.37$107
Dec 200804437.105.98$263
Nov 200804255.496.86$288
Oct 200812175.246.92$221
Sep 2008023101.767.88$181
Aug 2008230114.228.48$483
Jul 200809131.0811.39$103
Jun 2008022131.3313.03$287
May 2008021123.1711.57$243
Apr 2008035110.3110.45$366
Mar 2008016101.909.66$155
Feb 200805092.538.77$439
Jan 200804290.388.21$345
Dec 200706388.337.30$460
Nov 200702691.677.29$190
Oct 200702182.856.92$145
Sep 20070875.846.24$50
Aug 200702369.066.39$147
Jul 200701170.906.39$70
Jun 200701562.007.55$113
May 200724358.747.85$455
Apr 200704659.617.81$359
Mar 200703656.927.30$263
Feb 200701555.108.22$123
Jan 200701150.306.73$74
Dec 200604356.656.92$297
Nov 200605854.207.62$442
Oct 200608754.906.01$523
Sep 200606960.085.04$348
Aug 200606068.717.34$440
Jul 200606569.376.34$412
Jun 200605366.286.38$338
May 200604266.016.42$270
Apr 200605664.397.36$412
Mar 2006010156.707.08$715
Feb 200607257.597.75$558
Jan 2006011060.598.93$983
Dec 2005012154.9413.42$1,623
Nov 200502654.6910.59$275
Oct 200502358.3413.80$317
Sep 200505361.4512.08$640
Aug 200503061.519.80$294
Jul 200502155.697.84$165
Jun 200501852.337.38$133
May 200503345.226.65$219
Apr 2005021049.207.36$1,546
Mar 2005015550.377.15$1,109
Feb 200508645.226.31$543
Jan 200507943.166.32$499
Dec 2004010539.866.75$709
Nov 200405945.286.33$373
Oct 200406449.706.52$417
Sep 200402143.245.28$111
Aug 200403242.375.55$178
Jul 200401838.286.08$110
Jun 200402236.106.43$142
May 200403237.486.49$208
Apr 200403934.475.86$228
Mar 200402834.365.53$155
Feb 200404332.455.51$237
Jan 200406832.036.30$428
Dec 200305130.266.30$321
Nov 200303228.804.60$147
Oct 200304028.174.76$190
Sep 2003012526.314.75$594
Aug 2003011529.765.13$590
Jul 2003010529.415.17$543
Jun 2003025128.565.98$1,502
May 2003028626.595.97$1,708
Apr 2003048626.675.41$2,628
Mar 200331,41831.146.10$8,738
Feb 2003050533.487.93$4,003
Jan 2003048130.315.58$2,685
Dec 2002070026.914.85$3,398
Nov 20021283324.664.14$3,742
Oct 200201,78026.464.23$7,528
Sep 200203,42927.443.64$12,465
Aug 2002018125.963.16$573
Jul 2002018924.583.06$579
Jun 2002018523.733.34$618
May 2002027224.663.58$975
Apr 20029135023.653.51$3,381
Mar 200201,04422.003.10$3,239
Feb 2002961,93318.222.38$6,341
Jan 2002123317.172.38$571
Dec 2001019516.932.36$461
Nov 200101,19318.072.41$2,870
Oct 2001032719.782.53$827
Sep 2001063524.262.25$1,430
Aug 200101,18524.873.05$3,618
Jul 2001060223.933.20$1,925
Jun 2001066524.563.82$2,543
May 200101,51125.524.31$6,508
Apr 200101,50624.685.34$8,035
Mar 200101,69524.545.38$9,113
Feb 200101,38927.755.77$8,010
Jan 200101,75927.478.40$14,773
Dec 200011,66126.889.12$15,179
Nov 200001,71432.215.66$9,698
Oct 200002,18731.235.15$11,253
Sep 200002,26731.875.19$11,758
Aug 200002,43229.644.54$11,043
Jul 200002,57328.534.09$10,523
Jun 200002,37729.304.40$10,452
May 200002,75427.263.68$10,134
Apr 200002,27424.513.12$7,086
Mar 200002,90828.422.86$8,316
Feb 200002,31827.622.73$6,320
Jan 200002,44625.272.48$6,067
Dec 199902,38824.282.42$5,788
Nov 199902,27523.192.43$5,537
Oct 199901,87220.982.80$5,249
Sep 199902,88921.752.62$7,566
Aug 19991291,76319.262.88$7,554
Jul 199901,44017.892.37$3,416
Jun 199902,95415.942.36$6,978
May 199912,44815.792.32$5,698
Apr 199902,57015.102.21$5,675
Mar 199902,52512.471.84$4,642
Feb 199901,8289.981.82$3,323
Jan 199903,30410.381.90$6,277
Dec 199802,6979.201.77$4,783
Nov 199803,37210.892.19$7,370
Oct 199803,29812.421.97$6,494
Sep 199803,62612.592.08$7,552
Aug 199804,12211.301.91$7,862
Jul 1998994,82811.742.24$11,964
Jun 199802,52111.242.24$5,640
May 199803,63512.622.21$8,020
Apr 199804,39113.042.51$11,001
Mar 199804,72812.802.31$10,919
Feb 199804,68613.952.30$10,774
Jan 19981435,65214.702.15$14,281
Dec 199706,29416.322.41$15,175
Nov 199705,03418.193.09$15,546
Oct 199715,31519.253.15$16,761
Sep 199703,93917.742.95$11,639
Aug 199704,69717.862.55$12,000
Jul 199705,13317.582.25$11,534
Jun 1997325,47717.242.26$12,914
May 199707,29218.972.31$16,834
Apr 199708,32417.882.08$17,337
Mar 199707,94718.951.94$15,410
Feb 1997012620.492.21$278
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199501816.44$0
Feb 199509016.58$0
Jan 1995034915.92$0
Dec 19940015.03$0
Nov 199401015.90$0
Oct 1994067315.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 1994043717.09$0
May 199401,51515.88$0
Apr 199401,04614.14$0
Mar 1994018612.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 1993085715.03$0
Aug 1993056315.66$0
Jul 1993073515.46$0
Jun 19930016.79$0
May 1993033317.68$0
Apr 1993046618.05$0
Mar 1993071318.14$0
Feb 19930017.90$0
Jan 199302416.93$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.

Dec 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.01 =         $0
Gas                    9 Mcf  × $  2.30 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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/118330 is the state's own key, not one this site invented.