WHATLEY "B"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the STEWARDS MILL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176229District 05Field 860662102 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Nov 1999 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
319
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
2005-07-11
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: BUT ALLOCATION FORMULA SUSPENDED BY HEARING.

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 Gas112000-04-27141415
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
CondensateDisposition20,801 bbl$785,318
GasProduction1,330,266 Mcf$6,324,245
Total$7,109,563

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 31.8373, -96.1846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83732, -96.18456 · 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
12,000 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 12,000 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-16130826112,000 ftAug 2005

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 (319)

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

319 months

May 202601,062106.413.05$3,235
Apr 2026068498.932.87$1,963
Mar 2026084589.753.15$2,661
Feb 202601,03163.503.75$3,867
Jan 202601,31259.138.00$10,493
Dec 202501,59656.664.41$7,044
Nov 202501,17858.593.93$4,625
Oct 202501,44359.383.30$4,769
Sep 202501,25962.743.08$3,874
Aug 202501,28063.933.01$3,859
Jul 202501,32766.743.32$4,399
Jun 202501,34866.483.13$4,218
May 202501,40160.553.23$4,528
Apr 202501,20962.363.54$4,284
Mar 202501,69667.704.27$7,239
Feb 202501,33370.884.34$5,786
Jan 202501,27374.324.28$5,447
Dec 202401,42768.993.12$4,454
Nov 202401,41369.052.20$3,106
Oct 202401,34271.372.28$3,062
Sep 202401,18269.612.36$2,795
Aug 202401,48375.632.06$3,060
Jul 202401,19179.932.15$2,557
Jun 2024082778.082.63$2,178
May 20240078.812.20$0
Apr 2024060184.451.66$997
Mar 202401,21780.301.55$1,880
Feb 202401,00876.091.78$1,798
Jan 202401,39673.023.30$4,604
Dec 202301,24871.262.61$3,258
Nov 202301,10877.892.81$3,111
Oct 202301,11385.443.09$3,436
Sep 202301,13689.042.74$3,107
Aug 202301,12180.522.67$2,996
Jul 202301,31274.852.64$3,466
Jun 202301,11468.962.26$2,516
May 2023056870.622.23$1,265
Apr 20230078.122.24$0
Mar 2023053972.852.39$1,290
Feb 2023073975.112.47$1,822
Jan 2023071076.533.39$2,405
Dec 2022035876.415.73$2,051
Nov 2022084085.005.65$4,743
Oct 202201,06787.185.86$6,257
Sep 2022090584.888.16$7,388
Aug 202201,14194.529.13$10,414
Jul 20220747101.587.54$5,634
Jun 20220777115.097.98$6,198
May 20220790109.378.43$6,662
Apr 20220749104.226.84$5,121
Mar 202201,006108.885.08$5,107
Feb 2022072791.054.86$3,532
Jan 2022075481.844.54$3,421
Dec 2021053471.323.90$2,082
Nov 202101,47977.435.24$7,745
Oct 202101,09079.795.71$6,228
Sep 202101,38069.865.35$7,384
Aug 2021098366.024.22$4,149
Jul 2021063170.783.98$2,513
Jun 2021080569.493.38$2,721
May 2021070263.483.02$2,118
Apr 2021099560.362.76$2,745
Mar 2021052361.302.72$1,421
Feb 2021034157.805.55$1,892
Jan 20211760150.412.81$2,546
Dec 2020970644.642.68$2,291
Nov 2020201,17438.772.71$3,953
Oct 2020092236.972.48$2,285
Sep 2020191,25737.091.99$3,207
Aug 202001,14739.982.39$2,736
Jul 2020161,03738.371.83$2,507
Jun 20201091,16534.901.69$5,773
May 202001,34116.921.81$2,434
Apr 202003,00614.751.80$5,424
Mar 2020603,60430.341.86$8,510
Feb 2020613,29449.881.98$9,567
Jan 202004,15157.252.09$8,695
Dec 2019464,19959.012.30$12,390
Nov 2019452,45255.302.75$9,233
Oct 2019493,24953.472.42$10,478
Sep 201903,30955.052.66$8,793
Aug 2019422,94153.112.30$9,008
Jul 2019423,67956.272.46$11,414
Jun 2019372,39952.782.49$7,929
May 201902,93458.482.74$8,040
Apr 201901,66162.632.75$4,569
Mar 2019321,42256.803.06$6,172
Feb 201901,27150.852.79$3,549
Jan 201901,86946.033.23$6,033
Dec 201801,88146.594.19$7,873
Nov 2018342,05752.934.24$10,516
Oct 201801,96861.443.40$6,687
Sep 201802,03259.543.11$6,315
Aug 2018342,08559.403.07$8,413
Jul 201802,52765.142.93$7,409
Jun 201803,75760.183.08$11,560
May 201801,74365.382.90$5,056
Apr 201801,51563.842.90$4,395
Mar 2018311,51961.222.79$6,131
Feb 2018292,60761.782.77$9,003
Jan 2018232,83462.874.01$12,808
Dec 201704,73757.272.92$13,839
Nov 201702,20855.423.12$6,885
Oct 201702,87249.292.98$8,569
Sep 201704,30247.523.09$13,281
Aug 201705,28645.373.00$15,881
Jul 201715,04143.873.09$15,607
Jun 201722,80242.493.09$8,736
May 201703,15845.373.26$10,306
Apr 201763,44647.933.21$11,355
Mar 201792,77446.772.98$8,698
Feb 2017153,21950.452.95$10,261
Jan 201703,45549.413.42$11,812
Dec 201603,32648.763.72$12,382
Nov 2016453,46742.492.64$11,080
Oct 201603,27146.193.09$10,108
Sep 2016963,73041.553.10$15,554
Aug 201604,13841.442.92$12,101
Jul 2016323,98441.622.92$12,982
Jun 201602,86145.352.69$7,684
May 2016351,98242.521.99$5,434
Apr 2016871,56036.561.99$6,287
Mar 201601,98933.011.79$3,568
Feb 201602,40826.472.06$4,969
Jan 2016453,91327.352.36$10,482
Dec 2015445,76832.362.00$12,968
Nov 201505,35638.792.17$11,608
Oct 201513,91343.552.43$9,539
Sep 2015333,02542.992.76$9,763
Aug 201502,59140.162.87$7,443
Jul 2015283,08948.152.95$10,446
Jun 2015272,52556.152.88$8,795
May 2015232,54755.212.96$8,797
Apr 2015452,72449.822.71$9,615
Mar 201503,17942.892.93$9,329
Feb 2015352,77544.662.98$9,822
Jan 2015513,84643.433.10$14,140
Dec 2014575,65054.693.59$23,409
Nov 201405,64270.464.25$23,989
Oct 2014295,39278.303.90$23,305
Sep 2014373,65386.164.05$17,966
Aug 2014365,27189.394.04$24,487
Jul 2014465,34296.564.18$26,769
Jun 2014355,03498.164.74$27,281
May 2014323,28294.734.73$18,544
Apr 201403,11595.944.81$14,980
Mar 2014593,12895.895.06$21,475
Feb 2014263,62297.406.19$24,960
Jan 2014242,98990.404.86$16,698
Dec 2013202,72891.824.35$13,715
Nov 2013312,90988.853.74$13,629
Oct 2013353,31897.423.78$15,950
Sep 2013344,888104.113.72$21,712
Aug 2013494,492104.253.52$20,932
Jul 201303,736102.523.72$13,889
Jun 2013121,72494.403.93$7,914
May 2013321,96994.834.15$11,204
Apr 2013181,80093.964.28$9,400
Mar 201302,05893.623.91$8,053
Feb 2013181,66991.233.42$7,350
Jan 2013351,86091.603.42$9,567
Dec 201201,86886.773.42$6,389
Nov 201201,71286.953.62$6,206
Oct 2012151,91089.383.40$7,834
Sep 2012121,55694.672.92$5,677
Aug 2012121,38392.662.91$5,134
Jul 201201,46185.133.02$4,413
Jun 201201,47479.822.52$3,713
May 2012231,65691.612.49$6,228
Apr 2012111,570101.652.00$4,253
Mar 201201,624105.052.22$3,609
Feb 2012101,544101.102.57$4,979
Jan 2012251,75898.092.73$7,259
Dec 2011131,70296.873.24$6,773
Nov 2011151,76395.723.31$7,274
Oct 201101,86384.983.65$6,797
Sep 2011342,63083.623.99$13,326
Aug 2011172,72683.404.15$12,729
Jul 2011192,73194.144.52$14,125
Jun 2011192,67792.904.64$14,186
May 2011352,79098.134.40$15,724
Apr 2011172,650105.964.33$13,285
Mar 2011153,05796.364.06$13,849
Feb 201101,86785.644.18$7,804
Jan 2011322,54886.504.59$14,460
Dec 2010152,48485.734.35$12,086
Nov 2010162,25780.843.80$9,860
Oct 2010102,46878.103.51$9,441
Sep 2010261,44072.633.98$7,619
Aug 201001,56973.684.42$6,934
Jul 2010162,46272.554.74$12,822
Jun 2010162,43670.364.91$13,087
May 2010312,58071.124.24$13,132
Apr 2010282,62681.694.12$13,114
Mar 2010122,54478.394.39$12,105
Feb 2010252,23473.585.44$13,998
Jan 2010132,25874.365.96$14,434
Dec 200992,35371.445.48$13,546
Nov 200902,39974.593.75$9,000
Oct 200902,49972.544.11$10,272
Sep 200902,54065.543.06$7,784
Aug 200902,72467.423.22$8,767
Jul 200902,32461.133.46$8,052
Jun 200902,52066.163.90$9,815
May 200902,54254.743.93$9,979
Apr 200902,40346.773.59$8,621
Mar 200902,90042.144.06$11,771
Feb 200902,18632.814.63$10,128
Jan 200902,30135.865.37$12,359
Dec 200812,12037.105.98$12,709
Nov 2008111,84855.496.86$13,288
Oct 2008131,49975.246.92$11,354
Sep 2008272,549101.767.88$22,826
Aug 2008142,345114.228.48$21,492
Jul 2008272,989131.0811.39$37,582
Jun 200801,932131.3313.03$25,179
May 200802,019123.1711.57$23,368
Apr 200802,378110.3110.45$24,862
Mar 200802,158101.909.66$20,855
Feb 200802,28992.538.77$20,076
Jan 200802,69190.388.21$22,082
Dec 200702,23688.337.30$16,327
Nov 200702,78591.677.29$20,307
Oct 200702,95582.856.92$20,454
Sep 200702,83375.846.24$17,690
Aug 200702,87969.066.39$18,391
Jul 200712,51170.906.39$16,111
Jun 200762,84262.007.55$21,825
May 2007161,89558.747.85$15,809
Apr 2007223,35159.617.81$27,467
Mar 200782,89656.927.30$21,602
Feb 2007202,60755.108.22$22,521
Jan 2007103,25350.306.73$22,385
Dec 2006183,12856.656.92$22,661
Nov 2006541,79754.207.62$16,615
Oct 2006243,35454.906.01$21,488
Sep 2006473,18560.085.04$18,867
Aug 2006423,27168.717.34$26,895
Jul 2006333,19169.376.34$22,529
Jun 2006152,86866.286.38$19,303
May 2006172,17066.016.42$15,064
Apr 2006383,06064.397.36$24,970
Mar 2006374,44856.707.08$33,603
Feb 2006494,04757.597.75$34,191
Jan 2006775,71660.598.93$55,728
Dec 2005274,88154.9413.42$66,964
Nov 2005743,77354.6910.59$43,997
Oct 2005476,41658.3413.80$91,256
Sep 20051066,90961.4512.08$89,968
Aug 2005937,07361.519.80$75,013
Jul 20051726,13455.697.84$57,692
Jun 20055517,67852.337.38$85,505
May 20052928,32245.226.65$68,555
Apr 20054338,49149.207.36$83,801
Mar 20054698,08550.377.15$81,471
Feb 20053209,25145.226.31$72,862
Jan 20055578,80143.166.32$79,682
Dec 20043598,82839.866.75$73,908
Nov 20041129,30045.286.33$63,944
Oct 200445810,27149.706.52$89,679
Sep 20041487,23843.245.28$44,644
Aug 200421510,30442.375.55$66,304
Jul 20041089,63238.286.08$62,737
Jun 20042368,77736.106.43$64,982
May 200455710,51437.486.49$89,160
Apr 20042178,82534.475.86$59,181
Mar 20042677,41434.365.53$50,175
Feb 2004806,32932.455.51$37,466
Jan 2004768,30332.036.30$54,740
Dec 20031599,26030.266.30$63,165
Nov 20032146,82328.804.60$37,516
Oct 20031368,81228.174.76$45,773
Sep 20031359,99826.314.75$51,036
Aug 200339110,14229.765.13$63,662
Jul 20031378,99229.415.17$50,525
Jun 200316610,09628.565.98$65,145
May 200334511,84626.595.97$79,926
Apr 200334711,59526.675.41$71,952
Mar 200334811,35731.146.10$80,069
Feb 200318610,65533.487.93$90,678
Jan 200342311,94830.315.58$79,515
Dec 200235511,40326.914.85$64,900
Nov 200226011,83024.664.14$55,352
Oct 200225212,20026.464.23$58,263
Sep 200225510,69327.443.64$45,868
Aug 200213211,60425.963.16$40,144
Jul 200225412,46124.583.06$44,396
Jun 200225711,03323.733.34$42,929
May 200226511,88224.663.58$49,120
Apr 200224912,34923.653.51$49,262
Mar 200223913,27322.003.10$46,440
Feb 200237611,17918.222.38$33,408
Jan 200229511,35217.172.38$32,034
Dec 200130013,72316.932.36$37,526
Nov 200138413,16418.072.41$38,605
Oct 20018914,23119.782.53$37,749
Sep 200117813,58224.262.25$34,896
Aug 200117713,60424.873.05$45,937
Jul 200118013,25523.933.20$46,685
Jun 200132112,70324.563.82$56,462
May 2001014,04625.524.31$60,501
Apr 200131614,14224.685.34$83,251
Mar 200133415,96624.545.38$94,037
Feb 200116814,75027.755.77$89,726
Jan 200150916,70627.478.40$154,292
Dec 200019216,76726.889.12$158,118
Nov 200051817,47132.215.66$115,536
Oct 2000014,38931.235.15$74,039
Sep 200048517,90131.875.19$108,300
Aug 200014219,62429.644.54$93,317
Jul 20001933,13228.534.09$18,315
Jun 200015,26029.304.40$23,159
May 20001849,04027.263.68$38,281
Apr 20001989,44024.513.12$34,268
Mar 200018310,83428.422.86$36,183
Feb 200035110,70027.622.73$38,868
Jan 2000010,30825.272.48$25,569
Dec 199902,94024.282.42$7,126
Nov 1999034323.192.43$835

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                1,062 Mcf  × $  3.05 =     $3,235

────────────────────────────────────────────────────
Month total                                   $3,235

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/176229 is the state's own key, not one this site invented.