HOLMES "A"

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

Gas lease lease 147709District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Oct 1993 – May 2026
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
392
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111994-03-23129841
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
CondensateDisposition8,401 bbl$480,327
GasProduction2,663,704 Mcf$8,637,056
Total$9,117,383

470,031 Mcf of this lease's gas, across 38 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 31.4383, -96.2405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43831, -96.24052 · 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
14,966 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 14,966 ft.

Completions filed
Dec 1996
1 of 1 wells

1 well

42-16130471114,966 ftDec 1996

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 (392)

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

392 months

May 202601,225106.413.05$3,731
Apr 202611,07998.932.87$3,195
Mar 2026096889.753.15$3,049
Feb 2026371463.503.75$2,868
Jan 2026060759.138.00$4,855
Dec 2025071956.664.41$3,173
Nov 2025084058.593.93$3,298
Oct 2025094759.383.30$3,130
Sep 202501,00762.743.08$3,098
Aug 202501,49963.933.01$4,519
Jul 2025069566.743.32$2,304
Jun 2025078466.483.13$2,453
May 202501,23860.553.23$4,002
Apr 202501,42362.363.54$5,042
Mar 202501,18467.704.27$5,054
Feb 2025071170.884.34$3,086
Jan 2025094574.324.28$4,043
Dec 2024095768.993.12$2,987
Nov 2024051669.052.20$1,134
Oct 202401,30871.372.28$2,984
Sep 202401,57069.612.36$3,712
Aug 20241081775.632.06$2,442
Jul 2024082879.932.15$1,777
Jun 202401,47678.082.63$3,888
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024063680.301.55$983
Feb 2024080376.091.78$1,432
Jan 2024067173.023.30$2,213
Dec 2023092671.262.61$2,418
Nov 2023075877.892.81$2,128
Oct 202301,10085.443.09$3,396
Sep 2023088789.042.74$2,426
Aug 2023093180.522.67$2,488
Jul 2023099174.852.64$2,618
Jun 2023090568.962.26$2,044
May 2023084070.622.23$1,871
Apr 2023096578.122.24$2,159
Mar 202301,78072.852.39$4,260
Feb 202301,81875.112.47$4,483
Jan 2023083476.533.39$2,825
Dec 202201,21876.415.73$6,978
Nov 202201,18085.005.65$6,663
Oct 202201,15487.185.86$6,767
Sep 2022098784.888.16$8,058
Aug 2022093194.529.13$8,497
Jul 20220862101.587.54$6,501
Jun 20220868115.097.98$6,924
May 20220732109.378.43$6,173
Apr 20220891104.226.84$6,092
Mar 20220719108.885.08$3,650
Feb 2022065491.054.86$3,178
Jan 2022068381.844.54$3,099
Dec 2021075871.323.90$2,956
Nov 2021077577.435.24$4,059
Oct 202101,18779.795.71$6,782
Sep 2021070869.865.35$3,788
Aug 2021099766.024.22$4,208
Jul 202101,08570.783.98$4,321
Jun 2021091269.493.38$3,083
May 20212689163.483.02$4,339
Apr 202101,02560.362.76$2,827
Mar 202101,08461.302.72$2,945
Feb 2021069757.805.55$3,867
Jan 2021098550.412.81$2,768
Dec 2020091144.642.68$2,437
Nov 2020094238.772.71$2,550
Oct 2020070736.972.48$1,752
Sep 2020098237.091.99$1,955
Aug 202001,21139.982.39$2,888
Jul 20205377638.371.83$3,450
Jun 2020098734.901.69$1,668
May 202001,15316.921.81$2,092
Apr 202002,78814.751.80$5,031
Mar 202002,47830.341.86$4,600
Feb 202001,60949.881.98$3,187
Jan 2020089057.252.09$1,864
Dec 201901,02159.012.30$2,353
Nov 2019141,18555.302.75$4,034
Oct 201901,56453.472.42$3,783
Sep 201902,37655.052.66$6,314
Aug 201901,56253.112.30$3,599
Jul 201901,47856.272.46$3,636
Jun 201901,35752.782.49$3,381
May 201901,29658.482.74$3,551
Apr 2019201,46962.632.75$5,293
Mar 201901,91156.803.06$5,852
Feb 201902,37450.852.79$6,629
Jan 201902,63046.033.23$8,490
Dec 201803,37946.594.19$14,143
Nov 201804,29952.934.24$18,216
Oct 201803,41461.443.40$11,601
Sep 201801,89159.543.11$5,877
Aug 201802,73559.403.07$8,387
Jul 2018321,81465.142.93$7,403
Jun 201801,88960.183.08$5,812
May 201801,90565.382.90$5,526
Apr 201801,46863.842.90$4,258
Mar 201801,75961.222.79$4,902
Feb 201801,88461.782.77$5,211
Jan 201801,55562.874.01$6,234
Dec 201701,33157.272.92$3,889
Nov 201701,71155.423.12$5,336
Oct 201702,58549.292.98$7,713
Sep 201702,43847.523.09$7,527
Aug 201701,91045.373.00$5,738
Jul 201701,63243.873.09$5,038
Jun 20171131,59042.493.09$9,710
May 201702,40945.373.26$7,862
Apr 201702,77847.933.21$8,922
Mar 201701,49746.772.98$4,467
Feb 201701,92650.452.95$5,687
Jan 201701,70049.413.42$5,812
Dec 201601,44748.763.72$5,387
Nov 201601,20442.492.64$3,184
Oct 2016632,24746.193.09$9,854
Sep 201601,21341.553.10$3,761
Aug 201601,57941.442.92$4,618
Jul 2016186041.622.92$2,557
Jun 201601,47845.352.69$3,970
May 201601,82142.521.99$3,626
Apr 201601,42136.561.99$2,829
Mar 2016080033.011.79$1,435
Feb 201621,48926.472.06$3,126
Jan 2016141,62727.352.36$4,230
Dec 2015442,12032.362.00$5,667
Nov 201502,68238.792.17$5,813
Oct 20151691,77243.552.43$11,660
Sep 2015122,19842.992.76$6,579
Aug 2015182,50840.162.87$7,927
Jul 2015231,35948.152.95$5,110
Jun 2015591,90156.152.88$8,793
May 201522,76255.212.96$8,273
Apr 20152042,14649.822.71$15,972
Mar 201551,74742.892.93$5,341
Feb 201501,54944.662.98$4,610
Jan 2015372,04243.433.10$7,938
Dec 201401,55654.693.59$5,588
Nov 201402,22470.464.25$9,456
Oct 201402,05678.303.90$8,020
Sep 201402,19586.164.05$8,880
Aug 201401,42489.394.04$5,746
Jul 201402,37796.564.18$9,935
Jun 2014251,06298.164.74$7,485
May 2014721,76794.734.73$15,172
Apr 201404,02395.944.81$19,347
Mar 201423,66695.895.06$18,730
Feb 201401,97197.406.19$12,204
Jan 201401,97690.404.86$9,605
Dec 201302,38791.824.35$10,394
Nov 2013832,10488.853.74$15,240
Oct 201303,09997.423.78$11,712
Sep 201311,868104.113.72$7,049
Aug 20131112,518104.253.52$20,442
Jul 201301,959102.523.72$7,283
Jun 2013192,21194.403.93$10,490
May 201385,03894.834.15$21,662
Apr 2013255,41993.964.28$25,556
Mar 201355,00793.623.91$20,060
Feb 2013781,57591.233.42$12,502
Jan 2013121,84091.603.42$7,392
Dec 2012142,03986.773.42$8,188
Nov 2012112,28086.953.62$9,221
Oct 2012383,00489.383.40$13,609
Sep 2012112,47394.672.92$8,259
Aug 2012121,69892.662.91$6,050
Jul 201202,33985.133.02$7,066
Jun 2012432,70579.822.52$10,246
May 201241,44991.612.49$3,972
Apr 2012611,651101.652.00$9,497
Mar 2012102,315105.052.22$6,195
Feb 201272,290101.102.57$6,594
Jan 201231,92598.092.73$5,557
Dec 201181,80496.873.24$6,619
Nov 20111971,47695.723.31$23,744
Oct 2011142,23584.983.65$9,344
Sep 2011242,32183.623.99$11,258
Aug 2011572,11683.404.15$13,534
Jul 2011802,43594.144.52$18,531
Jun 20112162,54492.904.64$31,870
May 2011552,36998.134.40$15,832
Apr 2011382,319105.964.33$14,075
Mar 20112255,18696.364.06$42,722
Feb 2011444,50785.644.18$22,607
Jan 20112062,54786.504.59$29,507
Dec 2010282,71585.734.35$14,205
Nov 2010222,26380.843.80$10,367
Oct 20102282,99178.103.51$28,302
Sep 2010374,85372.633.98$22,000
Aug 2010402,52273.684.42$14,093
Jul 20102473,73672.554.74$35,615
Jun 20102333,31470.364.91$32,667
May 2010383,38171.124.24$17,022
Apr 201003,95781.694.12$16,313
Mar 20101851,74978.394.39$22,178
Feb 201001,86273.585.44$10,134
Jan 201001,91074.365.96$11,391
Dec 20091831,90071.445.48$23,493
Nov 20091852,94874.593.75$24,859
Oct 2009255,83872.544.11$25,809
Sep 2009407,37965.543.06$25,236
Aug 2009329,03267.423.22$31,227
Jul 20091949,57161.133.46$45,018
Jun 2009010,18666.163.90$39,674
May 200918011,84854.743.93$56,365
Apr 2009812,68346.773.59$45,874
Mar 200917212,45442.144.06$57,799
Feb 2009742,09732.814.63$12,143
Jan 200901,99635.865.37$10,721
Dec 200801,29737.105.98$7,752
Nov 200821,16655.496.86$8,110
Oct 200801,35875.246.92$9,400
Sep 2008132,494101.767.88$20,968
Aug 2008134,365114.228.48$38,513
Jul 2008106,322131.0811.39$73,315
Jun 200832,370131.3313.03$31,281
May 2008332,241123.1711.57$30,003
Apr 200872,018110.3110.45$21,870
Mar 200892,279101.909.66$22,942
Feb 200831,27692.538.77$11,469
Jan 2008193,18590.388.21$27,852
Dec 200785,91288.337.30$43,876
Nov 200732,13191.677.29$15,814
Oct 2007442,29882.856.92$19,552
Sep 200712,11675.846.24$13,288
Aug 2007922,06969.066.39$19,570
Jul 200707,18070.906.39$45,865
Jun 20071151,18962.007.55$16,105
May 2007302,97558.747.85$25,105
Apr 2007605,47659.617.81$46,318
Mar 2007682,57956.927.30$22,702
Feb 2007303,47955.108.22$30,236
Jan 200705,02650.306.73$33,809
Dec 200605,06956.656.92$35,070
Nov 200673,97854.207.62$30,682
Oct 200602,67154.906.01$16,063
Sep 200605,16860.085.04$26,032
Aug 2006895,19868.717.34$44,268
Jul 2006745,63369.376.34$40,862
Jun 200606,99566.286.38$44,655
May 200615,93866.016.42$38,218
Apr 2006766,04164.397.36$49,358
Mar 2006717,96556.707.08$60,441
Feb 200689,67957.597.75$75,484
Jan 200609,09160.598.93$81,213
Dec 200507,41454.9413.42$99,462
Nov 200507,14154.6910.59$75,612
Oct 200507,50358.3413.80$103,510
Sep 2005494,60561.4512.08$58,635
Aug 200536,94261.519.80$68,194
Jul 200504,54755.697.84$35,665
Jun 200506,83152.337.38$50,420
May 200506,97845.226.65$46,412
Apr 2005678,91449.207.36$68,908
Mar 200508,50350.377.15$60,838
Feb 200508,90745.226.31$56,220
Jan 20051239,59743.166.32$65,983
Dec 2004010,22739.866.75$69,043
Nov 2004011,19945.286.33$70,894
Oct 2004012,15049.706.52$79,158
Sep 2004012,87343.245.28$68,020
Aug 200407,84442.375.55$43,539
Jul 200408,37138.286.08$50,931
Jun 2004012,00936.106.43$77,254
May 200409,89037.486.49$64,231
Apr 200407,66234.475.86$44,888
Mar 200408,16634.365.53$45,159
Feb 200408,03932.455.51$44,292
Jan 200407,19532.036.30$45,326
Dec 20031681,44530.266.30$14,190
Nov 200315,60728.804.60$25,794
Oct 200309,87228.174.76$46,987
Sep 200308,99726.314.75$42,730
Aug 2003010,41729.765.13$53,436
Jul 200307,80929.415.17$40,379
Jun 200309,47028.565.98$56,659
May 200309,17526.595.97$54,799
Apr 200308,10226.675.41$43,810
Mar 2003010,25431.146.10$62,509
Feb 2003010,05433.487.93$79,687
Jan 2003011,17930.315.58$62,402
Dec 2002112,08626.914.85$58,689
Nov 2002011,68624.664.14$48,345
Oct 2002012,19226.464.23$51,561
Sep 2002011,07127.443.64$40,245
Aug 200219812,18825.963.16$43,705
Jul 2002012,52024.583.06$38,333
Jun 2002012,16723.733.34$40,616
May 2002213,02224.663.58$46,720
Apr 2002011,67023.653.51$40,989
Mar 200205,21022.003.10$16,165
Feb 2002010,18418.222.38$24,194
Jan 200208,88517.172.38$21,108
Dec 2001112,58916.932.36$29,782
Nov 200119014,07918.072.41$37,301
Oct 200108,64019.782.53$21,850
Sep 2001011,81624.262.25$26,602
Aug 2001012,76824.873.05$38,983
Jul 2001013,30023.933.20$42,521
Jun 2001012,38024.563.82$47,343
May 2001013,56825.524.31$58,442
Apr 2001113,67924.685.34$73,007
Mar 2001014,90124.545.38$80,114
Feb 200118513,94827.755.77$85,573
Jan 2001015,19027.478.40$127,577
Dec 2000010,82426.889.12$98,742
Nov 2000013,50732.215.66$76,423
Oct 2000115,94631.235.15$82,081
Sep 2000114,99431.875.19$77,798
Aug 2000011,94529.644.54$54,239
Jul 2000112,49728.534.09$51,138
Jun 200015812,81229.304.40$60,967
May 2000016,24727.263.68$59,785
Apr 2000016,14024.513.12$50,292
Mar 2000017,14528.422.86$49,030
Feb 2000015,81327.622.73$43,114
Jan 2000015,35425.272.48$38,086
Dec 199918013,05524.282.42$36,012
Nov 1999014,74523.192.43$35,889
Oct 1999016,09220.982.80$45,117
Sep 1999015,89421.752.62$41,624
Aug 1999016,51919.262.88$47,502
Jul 1999016,70117.892.37$39,621
Jun 199917516,23415.942.36$41,136
May 1999116,41615.792.32$38,118
Apr 1999015,55815.102.21$34,353
Mar 1999015,78812.471.84$29,024
Feb 199918615,8729.981.82$30,708
Jan 1999115,84410.381.90$30,113
Dec 1998014,0779.201.77$24,963
Nov 1998017,93510.892.19$39,201
Oct 1998018,36112.421.97$36,157
Sep 1998019,98212.592.08$41,615
Aug 199818521,36611.301.91$42,843
Jul 1998019,25811.742.24$43,085
Jun 1998017,54111.242.24$39,244
May 1998022,50712.622.21$49,658
Apr 19989021,98113.042.51$56,243
Mar 1998024,24612.802.31$55,995
Feb 1998024,79813.952.30$57,014
Jan 1998128,60014.702.15$61,642
Dec 1997031,19216.322.41$75,207
Nov 199711330,91218.193.09$97,520
Oct 1997130,11619.253.15$94,879
Sep 1997024,10117.742.95$71,216
Aug 199710026,55917.862.55$69,637
Jul 1997029,81617.582.25$66,995
Jun 1997031,88017.242.26$71,960
May 19978837,64118.972.31$88,564
Apr 1997138,71617.882.08$80,655
Mar 199715431,72518.951.94$64,438
Feb 199718532,48920.492.21$75,458
Jan 1997361,53123.483.54$217,872
Dec 1996089,15923.32$0
Nov 1996029,17121.97$0
Oct 199604,29923.31$0
Sep 19960022.22$0
Aug 199605,96720.26$0
Jul 199604,60119.55$0
Jun 199604,07318.73$0
May 199603,39519.43$0
Apr 199604,36221.51$0
Mar 199603,54019.38$0
Feb 199605,08016.98$0
Jan 199605,95817.07$0
Dec 199508,07717.19$0
Nov 199504,62516.00$0
Oct 199509,17015.43$0
Sep 199505,32316.18$0
Aug 199506,39015.92$0
Jul 199505,02815.24$0
Jun 199506,90216.41$0
May 199509,75617.56$0
Apr 199508,86517.73$0
Mar 199505,75016.44$0
Feb 199506,05416.58$0
Jan 199506,81715.92$0
Dec 199407,97615.03$0
Nov 199407,83715.90$0
Oct 199409,43215.58$0
Sep 199409,71515.29$0
Aug 1994011,04616.13$0
Jul 199408,63117.56$0
Jun 199408,00317.09$0
May 1994212,93715.88$32
Apr 1994012,88814.14$0
Mar 1994014,84312.46$0
Feb 1994014,75312.50$0
Jan 1994120,75412.66$13
Dec 1993023,72512.33$0
Nov 1993032,72714.49$0
Oct 1993032,40215.85$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                1,225 Mcf  × $  3.05 =     $3,731

────────────────────────────────────────────────────
Month total                                   $3,731

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/147709 is the state's own key, not one this site invented.