LIVINGSTON

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 145533District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$316 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
High Cost Gas111993-07-31127807
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
CondensateDisposition9 bbl$204
GasProduction162,936 Mcf$315,683
Total$315,887

82,397 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 31.6039, -96.3552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60388, -96.35521 · 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
11,800 ft
1 wells filed one
Completion to plug
28.2 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 11,800 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Mar 2026
1 of 1 wells

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16130598111,800 ftJan 1998Mar 2026Yes

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 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 20230070.622.23$0
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 202007014.751.80$126
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201902652.782.49$65
May 201901858.482.74$49
Apr 201904162.632.75$113
Mar 201905556.803.06$168
Feb 201907150.852.79$198
Jan 201905746.033.23$184
Dec 201807846.594.19$326
Nov 201803852.934.24$161
Oct 201803261.443.40$109
Sep 201801159.543.11$34
Aug 201805759.403.07$175
Jul 201805165.142.93$150
Jun 2018010660.183.08$326
May 201804265.382.90$122
Apr 201805563.842.90$160
Mar 201806861.222.79$190
Feb 201802461.782.77$66
Jan 201801762.874.01$68
Dec 201703657.272.92$105
Nov 201704755.423.12$147
Oct 201707149.292.98$212
Sep 201704847.523.09$148
Aug 201708745.373.00$261
Jul 201702043.873.09$62
Jun 201704642.493.09$142
May 201704545.373.26$147
Apr 201703447.933.21$109
Mar 201702846.772.98$84
Feb 201705650.452.95$165
Jan 201703649.413.42$123
Dec 201603748.763.72$138
Nov 2016014942.492.64$394
Oct 201605246.193.09$161
Sep 2016010641.553.10$329
Aug 201609141.442.92$266
Jul 201606541.622.92$190
Jun 2016010345.352.69$277
May 2016010942.521.99$217
Apr 2016010036.561.99$199
Mar 2016011633.011.79$208
Feb 201603926.472.06$80
Jan 2016027627.352.36$653
Dec 201525832.362.00$181
Nov 2015014338.792.17$310
Oct 201502243.552.43$53
Sep 201506542.992.76$179
Aug 201504840.162.87$138
Jul 2015012648.152.95$371
Jun 2015017356.152.88$499
May 201501255.212.96$35
Apr 2015028049.822.71$758
Mar 201504842.892.93$141
Feb 2015012944.662.98$384
Jan 201508443.433.10$260
Dec 201407854.693.59$280
Nov 201406670.464.25$281
Oct 201408078.303.90$312
Sep 201405486.164.05$218
Aug 201404489.394.04$178
Jul 2014010396.564.18$431
Jun 2014012998.164.74$611
May 2014013294.734.73$624
Apr 2014011795.944.81$563
Mar 2014010095.895.06$506
Feb 201403297.406.19$198
Jan 201409390.404.86$452
Dec 201309191.824.35$396
Nov 201304188.853.74$153
Oct 201305397.423.78$200
Sep 2013051104.113.72$190
Aug 2013062104.253.52$218
Jul 2013057102.523.72$212
Jun 201308294.403.93$323
May 201308894.834.15$365
Apr 201305293.964.28$223
Mar 201307893.623.91$305
Feb 201306691.233.42$226
Jan 201304791.603.42$161
Dec 201205086.773.42$171
Nov 2012015686.953.62$565
Oct 201208789.383.40$296
Sep 201209094.672.92$263
Aug 201202692.662.91$76
Jul 201201985.133.02$57
Jun 2012010679.822.52$267
May 2012014891.612.49$368
Apr 20120113101.652.00$226
Mar 20120121105.052.22$269
Feb 20120115101.102.57$296
Jan 2012011698.092.73$317
Dec 2011010996.873.24$353
Nov 201108895.723.31$291
Oct 2011011784.983.65$427
Sep 2011014183.623.99$562
Aug 2011015883.404.15$656
Jul 2011011894.144.52$533
Jun 2011014392.904.64$664
May 2011016998.134.40$744
Apr 20110148105.964.33$641
Mar 2011014596.364.06$588
Feb 2011012085.644.18$502
Jan 2011014586.504.59$665
Dec 2010013285.734.35$574
Nov 2010012680.843.80$478
Oct 2010011578.103.51$404
Sep 2010015072.633.98$597
Aug 2010013173.684.42$579
Jul 2010016572.554.74$782
Jun 2010015870.364.91$776
May 2010016971.124.24$716
Apr 2010012981.694.12$532
Mar 2010011378.394.39$496
Feb 2010010373.585.44$561
Jan 2010012074.365.96$716
Dec 2009010671.445.48$581
Nov 2009010474.593.75$390
Oct 2009010172.544.11$415
Sep 2009011865.543.06$362
Aug 2009011267.423.22$360
Jul 2009016361.133.46$565
Jun 2009021366.163.90$830
May 2009022654.743.93$887
Apr 2009016546.773.59$592
Mar 2009025342.144.06$1,027
Feb 2009020932.814.63$968
Jan 2009026435.865.37$1,418
Dec 2008026537.105.98$1,584
Nov 2008029155.496.86$1,996
Oct 2008029975.246.92$2,070
Sep 20080241101.767.88$1,898
Aug 20080208114.228.48$1,764
Jul 20080259131.0811.39$2,950
Jun 20080250131.3313.03$3,258
May 20080258123.1711.57$2,986
Apr 20080263110.3110.45$2,750
Mar 20080202101.909.66$1,952
Feb 2008023492.538.77$2,052
Jan 2008021990.388.21$1,797
Dec 2007024288.337.30$1,767
Nov 2007025391.677.29$1,845
Oct 2007023882.856.92$1,647
Sep 2007020475.846.24$1,274
Aug 2007022369.066.39$1,425
Jul 2007023470.906.39$1,495
Jun 2007019962.007.55$1,502
May 2007024358.747.85$1,907
Apr 2007023359.617.81$1,819
Mar 2007023856.927.30$1,738
Feb 2007023255.108.22$1,906
Jan 2007027450.306.73$1,843
Dec 2006030856.656.92$2,131
Nov 2006023854.207.62$1,813
Oct 2006029354.906.01$1,762
Sep 2006022760.085.04$1,143
Aug 2006032168.717.34$2,356
Jul 2006032769.376.34$2,074
Jun 2006031166.286.38$1,985
May 2006026066.016.42$1,671
Apr 2006029564.397.36$2,171
Mar 2006031856.707.08$2,252
Feb 2006022257.597.75$1,721
Jan 2006023360.598.93$2,081
Dec 2005024854.9413.42$3,327
Nov 2005023054.6910.59$2,435
Oct 2005030958.3413.80$4,263
Sep 2005026961.4512.08$3,249
Aug 2005033161.519.80$3,243
Jul 2005020255.697.84$1,584
Jun 2005030352.337.38$2,236
May 2005033645.226.65$2,235
Apr 2005025449.207.36$1,870
Mar 2005033050.377.15$2,361
Feb 2005022445.226.31$1,414
Jan 2005035843.166.32$2,263
Dec 2004022039.866.75$1,485
Nov 2004026145.286.33$1,652
Oct 2004028349.706.52$1,844
Sep 2004033843.245.28$1,786
Aug 2004031242.375.55$1,732
Jul 2004035338.286.08$2,148
Jun 2004033636.106.43$2,161
May 2004041637.486.49$2,702
Apr 2004031834.475.86$1,863
Mar 2004022034.365.53$1,217
Feb 2004029132.455.51$1,603
Jan 2004036132.036.30$2,274
Dec 2003032730.266.30$2,061
Nov 2003032428.804.60$1,489
Oct 2003028328.174.76$1,347
Sep 2003031626.314.75$1,501
Aug 2003039429.765.13$2,021
Jul 2003020229.415.17$1,045
Jun 2003028428.565.98$1,699
May 2003034826.595.97$2,078
Apr 2003029826.675.41$1,611
Mar 2003033631.146.10$2,048
Feb 2003030533.487.93$2,417
Jan 2003049830.315.58$2,780
Dec 2002055626.914.85$2,699
Nov 2002037924.664.14$1,568
Oct 2002029826.464.23$1,260
Sep 2002028127.443.64$1,021
Aug 2002032625.963.16$1,032
Jul 2002031124.583.06$952
Jun 2002031723.733.34$1,058
May 2002044824.663.58$1,606
Apr 2002039923.653.51$1,401
Mar 2002017122.003.10$531
Feb 2002020018.222.38$475
Jan 2002022417.172.38$532
Dec 2001022616.932.36$534
Nov 2001027718.072.41$666
Oct 2001020519.782.53$518
Sep 2001024924.262.25$561
Aug 2001016324.873.05$498
Jul 2001024023.933.20$767
Jun 2001021024.563.82$803
May 2001029725.524.31$1,279
Apr 2001341524.685.34$2,288
Mar 2001032524.545.38$1,747
Feb 200102127.755.77$121
Jan 2001034327.478.40$2,881
Dec 2000020026.889.12$1,825
Nov 2000010032.215.66$566
Oct 2000021831.235.15$1,122
Sep 2000023131.875.19$1,198
Aug 2000015429.644.54$699
Jul 2000027728.534.09$1,133
Jun 20000029.304.40$0
May 2000017527.263.68$644
Apr 2000026424.513.12$823
Mar 2000032328.422.86$924
Feb 2000036627.622.73$998
Jan 2000031525.272.48$781
Dec 1999036224.282.42$877
Nov 1999041923.192.43$1,020
Oct 1999050720.982.80$1,421
Sep 1999032121.752.62$841
Aug 1999061119.262.88$1,757
Jul 1999036217.892.37$859
Jun 1999065915.942.36$1,557
May 1999080315.792.32$1,864
Apr 1999084815.102.21$1,872
Mar 1999064612.471.84$1,188
Feb 199905839.981.82$1,060
Jan 1999072810.381.90$1,383
Dec 199807519.201.77$1,332
Nov 1998094110.892.19$2,057
Oct 1998081012.421.97$1,595
Sep 199801,05712.592.08$2,201
Aug 199801,36611.301.91$2,605
Jul 199801,53911.742.24$3,443
Jun 199801,61311.242.24$3,609
May 199802,02612.622.21$4,470
Apr 199802,91913.042.51$7,313
Mar 199805,61412.802.31$12,965
Feb 199806,01413.952.30$13,827
Jan 199801,65614.702.15$3,568
Dec 199703916.322.41$94
Nov 1997016418.193.09$506
Oct 1997024519.253.15$772
Sep 1997050117.742.95$1,480
Aug 1997038317.862.55$978
Jul 1997047117.582.25$1,058
Jun 1997028717.242.26$648
May 1997042418.972.31$979
Apr 1997065217.882.08$1,358
Mar 1997082818.951.94$1,606
Feb 1997072620.492.21$1,601
Jan 1997089623.483.54$3,172
Dec 199601,21423.32$0
Nov 199601,44221.97$0
Oct 199601,69323.31$0
Sep 199603,76822.22$0
Aug 199605,26820.26$0
Jul 199601,85219.55$0
Jun 1996062818.73$0
May 199601,39019.43$0
Apr 199601,72021.51$0
Mar 199601,51619.38$0
Feb 199601,40916.98$0
Jan 199601,75917.07$0
Dec 199501,43217.19$0
Nov 199501,63916.00$0
Oct 199501,85115.43$0
Sep 199501,42716.18$0
Aug 199501,43815.92$0
Jul 199501,34015.24$0
Jun 199501,82516.41$0
May 199501,22217.56$0
Apr 199501,89217.73$0
Mar 199501,03816.44$0
Feb 199501,52516.58$0
Jan 199501,93515.92$0
Dec 199401,96515.03$0
Nov 199401,81815.90$0
Oct 199402,40615.58$0
Sep 19940015.29$0
Aug 199401,63516.13$0
Jul 199401,75617.56$0
Jun 199401,97717.09$0
May 199401,56815.88$0
Apr 199401,96414.14$0
Mar 199401,54012.46$0
Feb 199401,72912.50$0
Jan 199411,41012.66$13
Dec 199301,95712.33$0
Nov 199302,04914.49$0
Oct 199302,14415.85$0
Sep 199302,03415.03$0
Aug 199301,52715.66$0
Jul 199301,59915.46$0
Jun 199311,41216.79$17
May 199301,56317.68$0
Apr 199301,64018.05$0
Mar 199322,40918.14$36
Feb 199301,47017.90$0
Jan 1993060216.93$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.

Apr 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 14.75 =         $0
Gas                   70 Mcf  × $  1.80 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/145533 is the state's own key, not one this site invented.