DRIVER

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 145789District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$94 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
High Cost Gas111993-07-19127810
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
CondensateDisposition4,852 bbl$171,013
GasProduction4,759,009 Mcf$13,378,938
Total$13,549,951

919,940 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 31.6744, -96.2358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67442, -96.23584 · 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
12,476 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 12,476 ft.

Completions filed
Jan 1993
1 of 1 wells

1 well

42-16130184112,476 ftJan 1993

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 202602,015106.413.05$6,137
Apr 202602,00298.932.87$5,745
Mar 202602,40489.753.15$7,571
Feb 202601,98263.503.75$7,433
Jan 202612,01459.138.00$16,167
Dec 202502,10856.664.41$9,303
Nov 202502,00758.593.93$7,880
Oct 202501,96259.383.30$6,484
Sep 202501,96762.743.08$6,052
Aug 202502,34263.933.01$7,061
Jul 202502,50966.743.32$8,318
Jun 202501,81366.483.13$5,672
May 202502,49060.553.23$8,048
Apr 202502,03662.363.54$7,214
Mar 202501,59667.704.27$6,812
Feb 202501,69270.884.34$7,345
Jan 202502,11574.324.28$9,049
Dec 202402,09268.993.12$6,530
Nov 202402,23569.052.20$4,914
Oct 202402,55571.372.28$5,829
Sep 20241422,43869.612.36$15,649
Aug 202402,53475.632.06$5,229
Jul 202401,24879.932.15$2,679
Jun 202402,38178.082.63$6,272
May 20240078.812.20$0
Apr 202401,55684.451.66$2,582
Mar 202403,02780.301.55$4,677
Feb 202402,40776.091.78$4,293
Jan 202401,98873.023.30$6,556
Dec 202302,10271.262.61$5,488
Nov 202302,10577.892.81$5,910
Oct 202301,71185.443.09$5,282
Sep 202302,00889.042.74$5,492
Aug 202302,00280.522.67$5,351
Jul 202302,80474.852.64$7,408
Jun 202302,28268.962.26$5,154
May 202302,58770.622.23$5,762
Apr 202303,57478.122.24$7,998
Mar 202302,43872.852.39$5,835
Feb 202302,82575.112.47$6,966
Jan 202302,08576.533.39$7,063
Dec 202201,80276.415.73$10,324
Nov 202202,51385.005.65$14,189
Oct 202202,14687.185.86$12,584
Sep 202202,04484.888.16$16,687
Aug 202202,13494.529.13$19,477
Jul 202203,791101.587.54$28,592
Jun 202204,569115.097.98$36,448
May 202204,988109.378.43$42,064
Apr 202203,664104.226.84$25,053
Mar 2022842,549108.885.08$22,086
Feb 202202,06491.054.86$10,029
Jan 202202,33381.844.54$10,586
Dec 202101,88771.323.90$7,358
Nov 202103,73077.435.24$19,533
Oct 202104,41679.795.71$25,232
Sep 202103,70069.865.35$19,798
Aug 202104,05866.024.22$17,127
Jul 202102,57470.783.98$10,250
Jun 202102,67169.493.38$9,030
May 202103,71363.483.02$11,205
Apr 202103,88360.362.76$10,711
Mar 202104,65161.302.72$12,636
Feb 202101,95457.805.55$10,841
Jan 202102,63950.412.81$7,416
Dec 202002,72344.642.68$7,285
Nov 202003,24438.772.71$8,780
Oct 202004,13536.972.48$10,248
Sep 202005,26737.091.99$10,487
Aug 202004,32739.982.39$10,320
Jul 202005,49438.371.83$10,027
Jun 202002,72234.901.69$4,601
May 202002,58516.921.81$4,691
Apr 202002,38314.751.80$4,300
Mar 202002,31330.341.86$4,293
Feb 202002,24249.881.98$4,441
Jan 202002,61157.252.09$5,469
Dec 201902,94859.012.30$6,793
Nov 201922,37055.302.75$6,630
Oct 201903,09053.472.42$7,473
Sep 201903,45555.052.66$9,181
Aug 201903,50653.112.30$8,079
Jul 201902,83756.272.46$6,979
Jun 201902,96852.782.49$7,394
May 201901,82358.482.74$4,996
Apr 201902,04062.632.75$5,611
Mar 201902,51856.803.06$7,710
Feb 201901,75050.852.79$4,886
Jan 201901,47846.033.23$4,771
Dec 201803,02046.594.19$12,640
Nov 201803,99152.934.24$16,911
Oct 201802,50061.443.40$8,495
Sep 201801,95259.543.11$6,067
Aug 201801,92659.403.07$5,906
Jul 201802,22065.142.93$6,509
Jun 201803,42960.183.08$10,551
May 201804,03665.382.90$11,708
Apr 20181562,08263.842.90$15,999
Mar 201802,03061.222.79$5,657
Feb 201803,81861.782.77$10,561
Jan 201802,24462.874.01$8,997
Dec 201701,00057.272.92$2,922
Nov 201701,26955.423.12$3,957
Oct 201703,21449.292.98$9,590
Sep 201702,89347.523.09$8,932
Aug 201703,70945.373.00$11,143
Jul 201701,66943.873.09$5,153
Jun 201702,12842.493.09$6,570
May 201703,85945.373.26$12,593
Apr 201702,17647.933.21$6,988
Mar 201702,58646.772.98$7,716
Feb 201705,70250.452.95$16,836
Jan 201701,22949.413.42$4,202
Dec 201622,07448.763.72$7,819
Nov 201601,64442.492.64$4,347
Oct 201603,85146.193.09$11,901
Sep 201602,11841.553.10$6,567
Aug 201605741.442.92$167
Jul 201601,26441.622.92$3,696
Jun 201604,37945.352.69$11,761
May 201604,50842.521.99$8,976
Apr 201604,48836.561.99$8,936
Mar 201604,50933.011.79$8,089
Feb 201603,50626.472.06$7,235
Jan 201614,06027.352.36$9,627
Dec 201564,54932.362.00$9,299
Nov 201504,34938.792.17$9,426
Oct 201514,72843.552.43$11,516
Sep 201514,39642.992.76$12,169
Aug 201504,33940.162.87$12,464
Jul 201533,94848.152.95$11,772
Jun 201524,14356.152.88$12,056
May 201514,46255.212.96$13,242
Apr 201503,86549.822.71$10,461
Mar 201513,06042.892.93$9,023
Feb 201522,55644.662.98$7,696
Jan 201502,13343.433.10$6,614
Dec 201404,73754.693.59$17,012
Nov 201403,18170.464.25$13,525
Oct 2014592,79878.303.90$15,535
Sep 201403,16486.164.05$12,800
Aug 201453,72789.394.04$15,486
Jul 201423,69296.564.18$15,624
Jun 201413,79398.164.74$18,065
May 201434,28194.734.73$20,519
Apr 201404,00295.944.81$19,246
Mar 201444,54495.895.06$23,362
Feb 201433,95597.406.19$24,782
Jan 201404,25690.404.86$20,687
Dec 201314,77791.824.35$20,893
Nov 2013644,25688.853.74$21,597
Oct 201304,42497.423.78$16,720
Sep 201344,380104.113.72$16,700
Aug 201394,682104.253.52$17,431
Jul 201304,397102.523.72$16,347
Jun 201354,67094.403.93$18,841
May 201324,08094.834.15$17,118
Apr 201323,69893.964.28$16,025
Mar 201314,63993.623.91$18,245
Feb 2013763,05791.233.42$17,388
Jan 201323,50091.603.42$12,153
Dec 201224,54386.773.42$15,711
Nov 2012644,56986.953.62$22,127
Oct 201253,37589.383.40$11,921
Sep 201222,47894.672.92$7,421
Aug 201202,64892.662.91$7,701
Jul 201233,53785.133.02$10,940
Jun 201223,83579.822.52$9,820
May 201204,48391.612.49$11,155
Apr 201244,526101.652.00$9,444
Mar 201214,913105.052.22$11,022
Feb 201224,488101.102.57$11,737
Jan 201235,48298.092.73$15,283
Dec 201105,94996.873.24$19,273
Nov 201145,66995.723.31$19,155
Oct 201116,06584.983.65$22,213
Sep 201165,99383.623.99$24,389
Aug 201135,66383.404.15$23,748
Jul 2011134,42694.144.52$21,217
Jun 201121,74392.904.64$8,273
May 201125,30098.134.40$23,542
Apr 20111585,380105.964.33$40,055
Mar 201124,90596.364.06$20,094
Feb 201132,92885.644.18$12,496
Jan 201144,31786.504.59$20,156
Dec 201035,80385.734.35$25,487
Nov 201025,72280.843.80$21,879
Oct 201035,39578.103.51$19,165
Sep 201065,80272.633.98$23,525
Aug 201025,67173.684.42$25,210
Jul 201045,97072.554.74$28,567
Jun 201045,11270.364.91$25,383
May 201005,82771.124.24$24,679
Apr 201005,83481.694.12$24,052
Mar 201006,19178.394.39$27,170
Feb 201005,10073.585.44$27,756
Jan 201003,49474.365.96$20,839
Dec 200905,28571.445.48$28,982
Nov 200906,39174.593.75$23,976
Oct 200934,13972.544.11$17,230
Sep 200913,26265.543.06$10,063
Aug 200925,82967.423.22$18,895
Jul 200904,52061.133.46$15,660
Jun 200905,09766.163.90$19,853
May 200905,68454.743.93$22,314
Apr 200915,29546.773.59$19,043
Mar 200906,20742.144.06$25,194
Feb 200914,65432.814.63$21,595
Jan 200905,21335.865.37$27,999
Dec 200803,28737.105.98$19,647
Nov 200805,28855.496.86$36,278
Oct 200806,69875.246.92$46,363
Sep 200815,557101.767.88$43,875
Aug 200806,296114.228.48$53,409
Jul 200815,814131.0811.39$66,349
Jun 200805,184131.3313.03$67,561
May 200846,905123.1711.57$80,413
Apr 200825,968110.3110.45$62,615
Mar 20081475,040101.909.66$63,686
Feb 200823,05892.538.77$27,005
Jan 200804,99490.388.21$40,979
Dec 200753,48088.337.30$25,853
Nov 200706,74691.677.29$49,190
Oct 200704,37082.856.92$30,249
Sep 200705,14475.846.24$32,120
Aug 200704,66269.066.39$29,781
Jul 200722,73970.906.39$17,638
Jun 200723,49862.007.55$26,528
May 200725,33358.747.85$41,962
Apr 200714,94859.617.81$38,680
Mar 200725,07856.927.30$37,193
Feb 200703,30355.108.22$27,137
Jan 200702,74650.306.73$18,472
Dec 200602,26656.656.92$15,677
Nov 200625,86054.207.62$44,747
Oct 200605,89454.906.01$35,445
Sep 200606,05260.085.04$30,485
Aug 200603,90868.717.34$28,684
Jul 200605,62569.376.34$35,678
Jun 200603,01366.286.38$19,235
May 200605,30366.016.42$34,072
Apr 200615,01364.397.36$36,962
Mar 200605,58656.707.08$39,565
Feb 200603,83257.597.75$29,702
Jan 200605,03660.598.93$44,988
Dec 200505,51154.9413.42$73,932
Nov 200523,90154.6910.59$41,415
Oct 200503,04958.3413.80$42,063
Sep 200502,82861.4512.08$34,159
Aug 200503,19261.519.80$31,272
Jul 20051684,68355.697.84$46,088
Jun 200502,81952.337.38$20,807
May 200502,55345.226.65$16,980
Apr 200501,99249.207.36$14,662
Mar 200503,90850.377.15$27,961
Feb 200502,74745.226.31$17,339
Jan 200502,41343.166.32$15,255
Dec 200402,31239.866.75$15,609
Nov 200401,19045.286.33$7,533
Oct 200411,25749.706.52$8,239
Sep 200402,38043.245.28$12,576
Aug 200401,21042.375.55$6,716
Jul 200401,17338.286.08$7,137
Jun 20040836.106.43$51
May 20040837.486.49$52
Apr 2004029834.475.86$1,746
Mar 200403034.365.53$166
Feb 2004025332.455.51$1,394
Jan 2004066932.036.30$4,214
Dec 2003012430.266.30$781
Nov 200308,24928.804.60$37,905
Oct 200307,34628.174.76$34,964
Sep 200308,06126.314.75$38,285
Aug 200307,18429.765.13$36,852
Jul 200307,61929.415.17$39,397
Jun 2003010,93928.565.98$65,448
May 200319,12626.595.97$54,533
Apr 2003012,99926.675.41$70,289
Mar 200308,76331.146.10$53,420
Feb 200307,59833.487.93$60,221
Jan 200304,87630.315.58$27,218
Dec 200207,61126.914.85$36,942
Nov 200206,51424.664.14$26,948
Oct 200217,54826.464.23$31,948
Sep 2002010,34727.443.64$37,613
Aug 200217,70925.963.16$24,418
Jul 200208,93424.583.06$27,354
Jun 2002110,85723.733.34$36,267
May 200217710,03324.663.58$40,323
Apr 2002314,87523.653.51$52,317
Mar 2002010,34622.003.10$32,101
Feb 200206,65618.222.38$15,813
Jan 200209,26917.172.38$22,020
Dec 200105,86716.932.36$13,872
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200101,27424.262.25$2,868
Aug 2001011,08524.873.05$33,844
Jul 2001122,17623.933.20$70,922
Jun 2001125,02924.563.82$95,739
May 2001026,99125.524.31$116,259
Apr 2001524,79224.685.34$132,397
Mar 2001026,41124.545.38$141,997
Feb 2001114,43927.755.77$83,299
Jan 2001117,47327.478.40$146,779
Dec 200016724,62226.889.12$229,103
Nov 2000036,18532.215.66$204,735
Oct 2000147,20331.235.15$242,914
Sep 2000042,63731.875.19$221,137
Aug 2000047,25029.644.54$214,550
Jul 2000154,85328.534.09$224,364
Jun 200017255,17629.304.40$247,662
May 2000058,15627.263.68$214,000
Apr 2000028,00724.513.12$87,270
Mar 200004,76628.422.86$13,630
Feb 20001756,52227.622.73$22,616
Jan 200008,37025.272.48$20,762
Dec 19991749,18824.282.42$26,494
Nov 1999010,14623.192.43$24,695
Oct 199914810,95220.982.80$33,811
Sep 1999010,98321.752.62$28,763
Aug 199917512,20319.262.88$38,461
Jul 1999112,42517.892.37$29,495
Jun 199914915,13715.942.36$38,130
May 199918716,14215.792.32$40,419
Apr 199913517,14415.102.21$39,893
Mar 199914316,10712.471.84$31,393
Feb 199914012,9209.981.82$24,883
Jan 199934516,29010.381.90$34,531
Dec 199818520,9069.201.77$38,775
Nov 199833427,43710.892.19$63,607
Oct 199815631,87912.421.97$64,714
Sep 199801,76812.592.08$3,682
Aug 1998014,61711.301.91$27,880
Jul 1998014,00011.742.24$31,322
Jun 199801,74011.242.24$3,893
May 19980012.622.21$0
Apr 1998018013.042.51$451
Mar 1998039,13812.802.31$90,387
Feb 1998041,16013.952.30$94,632
Jan 199814065,16714.702.15$142,479
Dec 1997286,73916.322.41$209,169
Nov 19973106,49218.193.09$328,930
Oct 19971122,35619.253.15$385,419
Sep 1997088,58917.742.95$261,770
Aug 19970112,80417.862.55$288,185
Jul 1997086,87417.582.25$195,201
Jun 1997358,38717.242.26$131,843
May 19971135,80818.972.31$313,532
Apr 19970159,73517.882.08$332,693
Mar 19970168,43518.951.94$326,619
Feb 19970258,69520.492.21$570,655
Jan 19970307,34123.483.54$1,087,895
Dec 19960303,94923.32$0
Nov 1996159185,49021.97$3,493
Oct 1996167113,45323.31$3,893
Sep 1996033,49922.22$0
Aug 199604,13920.26$0
Jul 199604,51319.55$0
Jun 199605,97518.73$0
May 199605,93519.43$0
Apr 199606,20221.51$0
Mar 199607,48819.38$0
Feb 199605,38416.98$0
Jan 199606,44617.07$0
Dec 199506,11717.19$0
Nov 199505,80316.00$0
Oct 199516,23115.43$15
Sep 199505,87616.18$0
Aug 199506,45715.92$0
Jul 199506,80315.24$0
Jun 199503,89116.41$0
May 199506,18617.56$0
Apr 199504,49517.73$0
Mar 199503,14416.44$0
Feb 199506,05316.58$0
Jan 199505,12415.92$0
Dec 199407,04115.03$0
Nov 199405,11815.90$0
Oct 199408,39215.58$0
Sep 199408,25415.29$0
Aug 199417,04516.13$16
Jul 199406,26017.56$0
Jun 199408,33917.09$0
May 199407,63615.88$0
Apr 199405,12414.14$0
Mar 199405,86112.46$0
Feb 199405,48912.50$0
Jan 199406,50212.66$0
Dec 199308,33212.33$0
Nov 199306,67414.49$0
Oct 199305,80815.85$0
Sep 199307,97015.03$0
Aug 199309,31715.66$0
Jul 19938210,77215.46$1,268
Jun 199307,75616.79$0
May 199308,28117.68$0
Apr 199307,98218.05$0
Mar 199306,59618.14$0
Feb 199306,19417.90$0
Jan 199304,54416.93$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                2,015 Mcf  × $  3.05 =     $6,137

────────────────────────────────────────────────────
Month total                                   $6,137

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/145789 is the state's own key, not one this site invented.