WORTHY GAS UNIT

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the FREESTONE (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 184195District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.9 M
May 2001 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
301
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112001-09-25144213
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
CondensateDisposition1,017 bbl$68,788
GasProduction3,880,427 Mcf$19,808,781
Total$19,877,569

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 31.4994, -96.2516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49942, -96.25158 · 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
12,851 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 12,851 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-16131987312,851 ftMar 2006

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 (301)

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

301 months

May 202603,733106.413.05$11,370
Apr 202602,73098.932.87$7,834
Mar 202601,62389.753.15$5,112
Feb 2026090763.503.75$3,402
Jan 202603,28959.138.00$26,305
Dec 202502,17956.664.41$9,617
Nov 202501,38958.593.93$5,454
Oct 202502,14159.383.30$7,076
Sep 202502,71862.743.08$8,363
Aug 202504,53563.933.01$13,672
Jul 2025017966.743.32$593
Jun 202501,03766.483.13$3,244
May 202502,01560.553.23$6,513
Apr 202501,86462.363.54$6,604
Mar 2025232,89767.704.27$13,922
Feb 202501,10570.884.34$4,797
Jan 202502,38674.324.28$10,209
Dec 202402,61668.993.12$8,166
Nov 202404,21869.052.20$9,273
Oct 202404,29471.372.28$9,796
Sep 202404,21469.612.36$9,963
Aug 202403,64075.632.06$7,512
Jul 202404,20479.932.15$9,024
Jun 202404,04178.082.63$10,644
May 20240078.812.20$0
Apr 202403,02284.451.66$5,014
Mar 202401,84080.301.55$2,843
Feb 202401,89176.091.78$3,373
Jan 202401,44473.023.30$4,762
Dec 202303,95071.262.61$10,312
Nov 202302,96177.892.81$8,313
Oct 202301,35385.443.09$4,177
Sep 202301,04689.042.74$2,861
Aug 202301,53080.522.67$4,090
Jul 202302,11474.852.64$5,585
Jun 202303,01668.962.26$6,812
May 202304,36670.622.23$9,725
Apr 2023174,20278.122.24$10,731
Mar 202302,59172.852.39$6,201
Feb 202301,73975.112.47$4,288
Jan 2023058776.533.39$1,989
Dec 2022061876.415.73$3,541
Nov 202202,81885.005.65$15,911
Oct 202203,27887.185.86$19,221
Sep 202202,77384.888.16$22,638
Aug 202202,97394.529.13$27,135
Jul 202202,730101.587.54$20,590
Jun 202202,594115.097.98$20,693
May 2022191,046109.378.43$10,899
Apr 202202,835104.226.84$19,385
Mar 202205,375108.885.08$27,286
Feb 202202,85591.054.86$13,872
Jan 202206,38681.844.54$28,978
Dec 202105,11671.323.90$19,948
Nov 202103,63877.435.24$19,052
Oct 202103,61479.795.71$20,650
Sep 2021122,71569.865.35$15,366
Aug 202103,69166.024.22$15,578
Jul 202102,46270.783.98$9,804
Jun 202104,45869.493.38$15,071
May 202102,97263.483.02$8,969
Apr 202104,25460.362.76$11,734
Mar 202102,44061.302.72$6,629
Feb 202103,59057.805.55$19,917
Jan 202101,95750.412.81$5,500
Dec 202004,66344.642.68$12,476
Nov 202001,78638.772.71$4,834
Oct 202004,48736.972.48$11,121
Sep 202002,09537.091.99$4,171
Aug 202003,82339.982.39$9,118
Jul 202002,08338.371.83$3,802
Jun 2020124,09134.901.69$7,334
May 202001,64016.921.81$2,976
Apr 202002,99414.751.80$5,402
Mar 202003,67830.341.86$6,827
Feb 202002,24949.881.98$4,455
Jan 202002,49657.252.09$5,228
Dec 201902,56559.012.30$5,911
Nov 201903,20855.302.75$8,824
Oct 2019095253.472.42$2,302
Sep 201902,85455.052.66$7,584
Aug 201903,19053.112.30$7,351
Jul 2019143,65956.272.46$9,789
Jun 2019153,59552.782.49$9,748
May 201903,15358.482.74$8,640
Apr 201904,01562.632.75$11,044
Mar 201904,13856.803.06$12,671
Feb 201903,98350.852.79$11,121
Jan 201905,06446.033.23$16,348
Dec 201804,57546.594.19$19,148
Nov 201874,88852.934.24$21,082
Oct 201803,62761.443.40$12,325
Sep 201804,05559.543.11$12,603
Aug 2018154,33259.403.07$14,175
Jul 201803,64165.142.93$10,675
Jun 201804,37460.183.08$13,458
May 201874,72165.382.90$14,152
Apr 201804,46063.842.90$12,938
Mar 201804,44661.222.79$12,390
Feb 201874,43361.782.77$12,695
Jan 201804,20062.874.01$16,839
Dec 201704,09057.272.92$11,949
Nov 201704,27455.423.12$13,328
Oct 201775,04449.292.98$15,395
Sep 201704,66947.523.09$14,415
Aug 201705,07145.373.00$15,235
Jul 201704,74143.873.09$14,637
Jun 201784,69042.493.09$14,819
May 201774,94445.373.26$16,452
Apr 201705,19147.933.21$16,671
Mar 201784,47046.772.98$13,711
Feb 201705,02650.452.95$14,840
Jan 201755,11649.413.42$17,738
Dec 201604,71048.763.72$17,535
Nov 201604,84742.492.64$12,817
Oct 201604,92546.193.09$15,220
Sep 2016104,13041.553.10$13,221
Aug 201604,66841.442.92$13,651
Jul 201604,53641.622.92$13,265
Jun 201654,13545.352.69$11,333
May 201604,27942.521.99$8,520
Apr 201654,23136.561.99$8,607
Mar 201605,61033.011.79$10,064
Feb 201653,25526.472.06$6,849
Jan 201635,31627.352.36$12,651
Dec 201515,63832.362.00$11,316
Nov 201505,22838.792.17$11,331
Oct 201506,29843.552.43$15,283
Sep 201505,62442.992.76$15,513
Aug 201506,10940.162.87$17,548
Jul 201505,69848.152.95$16,781
Jun 201505,48556.152.88$15,812
May 201505,76055.212.96$17,023
Apr 201505,93549.822.71$16,063
Mar 201507,00642.892.93$20,561
Feb 201506,35744.662.98$18,920
Jan 201507,18643.433.10$22,281
Dec 201406,48354.693.59$23,283
Nov 201405,23870.464.25$22,271
Oct 201415,79178.303.90$22,669
Sep 201405,80986.164.05$23,500
Aug 201406,27689.394.04$25,324
Jul 201405,65896.564.18$23,648
Jun 201405,41498.164.74$25,645
May 201405,73094.734.73$27,083
Apr 201405,90695.944.81$28,403
Mar 201405,89295.895.06$29,795
Feb 201405,87397.406.19$36,366
Jan 201416,69890.404.86$32,648
Dec 201336,18891.824.35$27,221
Nov 201388,09088.853.74$30,953
Oct 201398,06097.423.78$31,338
Sep 201308,046104.113.72$29,913
Aug 201398,616104.253.52$31,289
Jul 201307,867102.523.72$29,247
Jun 2013208,18994.403.93$34,099
May 201308,66494.834.15$35,948
Apr 201349,08893.964.28$39,296
Mar 201309,27993.623.91$36,308
Feb 201307,75191.233.42$26,508
Jan 201348,07091.603.42$27,965
Dec 201237,32986.773.42$25,327
Nov 201207,43986.953.62$26,966
Oct 201217,74389.383.40$26,413
Sep 201207,96894.672.92$23,254
Aug 201209,41092.662.91$27,366
Jul 201209,23785.133.02$27,903
Jun 201208,85079.822.52$22,294
May 201207,07191.612.49$17,595
Apr 201206,895101.652.00$13,768
Mar 201208,514105.052.22$18,919
Feb 201208,540101.102.57$21,950
Jan 201206,14898.092.73$16,809
Dec 201107,40496.873.24$23,987
Nov 201108,50795.723.31$28,169
Oct 201108,85884.983.65$32,319
Sep 201109,06583.623.99$36,131
Aug 201116,95083.404.15$28,921
Jul 201118,79694.144.52$39,828
Jun 201128,48092.904.64$39,532
May 201106,17198.134.40$27,182
Apr 201158,617105.964.33$37,870
Mar 2011010,33496.364.06$41,929
Feb 201199,41885.644.18$40,138
Jan 201168,12786.504.59$37,812
Dec 2010511,30885.734.35$49,593
Nov 201038,90280.843.80$34,029
Oct 2010512,50978.103.51$44,283
Sep 20101011,36872.633.98$45,965
Aug 20102013,07973.684.42$59,274
Jul 20101712,41672.554.74$60,042
Jun 2010012,28670.364.91$60,329
May 2010812,43671.124.24$53,238
Apr 2010811,29781.694.12$47,228
Mar 20101010,83378.394.39$48,326
Feb 2010179,61373.585.44$53,568
Jan 2010911,04274.365.96$66,525
Dec 2009012,25671.445.48$67,209
Nov 2009512,46774.593.75$47,143
Oct 2009013,16772.544.11$54,120
Sep 200909,88265.543.06$30,286
Aug 200928,90567.423.22$28,796
Jul 200908,21561.133.46$28,461
Jun 2009612,00666.163.90$47,160
May 2009414,11754.743.93$55,639
Apr 2009612,49646.773.59$45,110
Mar 2009119,57042.144.06$39,308
Feb 200979,32932.814.63$43,451
Jan 20091313,55235.865.37$73,254
Dec 2008114,07037.105.98$84,135
Nov 2008013,92255.496.86$95,510
Oct 2008016,34275.246.92$113,119
Sep 2008014,091101.767.88$110,996
Aug 2008015,187114.228.48$128,832
Jul 2008015,708131.0811.39$178,905
Jun 2008016,272131.3313.03$212,067
May 2008016,271123.1711.57$188,325
Apr 20084515,775110.3110.45$169,889
Mar 20085617,789101.909.66$177,621
Feb 200812316,94792.538.77$160,016
Jan 20081418,12390.388.21$149,978
Dec 20073218,05288.337.30$134,642
Nov 20076518,33991.677.29$139,681
Oct 2007019,52982.856.92$135,179
Sep 2007017,11475.846.24$106,863
Aug 2007017,53069.066.39$111,981
Jul 2007018,22170.906.39$116,395
Jun 2007018,24162.007.55$137,691
May 2007020,43558.747.85$160,339
Apr 2007020,30559.617.81$158,485
Mar 2007021,39356.927.30$156,211
Feb 2007020,35455.108.22$167,228
Jan 2007026,07250.306.73$175,382
Dec 2006026,42156.656.92$182,792
Nov 2006022,96254.207.62$174,913
Oct 2006125,05054.906.01$150,701
Sep 2006122,72260.085.04$114,515
Aug 2006125,37668.717.34$186,327
Jul 2006126,78969.376.34$169,986
Jun 2006126,78866.286.38$171,078
May 2006129,26366.016.42$188,081
Apr 2006030,06464.397.36$221,285
Mar 2006031,50856.707.08$223,169
Feb 2006028,32057.597.75$219,512
Jan 2006031,46260.598.93$281,060
Dec 2005034,80554.9413.42$466,923
Nov 2005034,71254.6910.59$367,545
Oct 2005049,60658.3413.80$684,352
Sep 2005045,53961.4512.08$550,066
Aug 2005016,00761.519.80$156,818
Jul 200505,75755.697.84$45,156
Jun 200507,84352.337.38$57,890
May 200503,60745.226.65$23,991
Apr 2005017,47649.207.36$128,632
Mar 2005015,41650.377.15$110,300
Feb 2005015,71445.226.31$99,186
Jan 2005015,87943.166.32$100,390
Dec 2004014,82339.866.75$100,071
Nov 2004013,70845.286.33$86,777
Oct 2004016,23749.706.52$105,786
Sep 2004016,84843.245.28$89,023
Aug 2004016,77642.375.55$93,118
Jul 2004016,02038.286.08$97,469
Jun 2004018,98736.106.43$122,144
May 2004018,22137.486.49$118,338
Apr 2004019,45934.475.86$114,000
Mar 2004018,66334.365.53$103,209
Feb 2004015,26332.455.51$84,093
Jan 2004019,57432.036.30$123,309
Dec 2003021,36530.266.30$134,635
Nov 2003021,79628.804.60$100,156
Oct 2003021,93628.174.76$104,407
Sep 2003024,13726.314.75$114,635
Aug 2003027,91729.765.13$143,206
Jul 2003030,22729.415.17$156,299
Jun 2003030,83128.565.98$184,461
May 2003034,54726.595.97$206,338
Apr 2003038,81226.675.41$209,867
Mar 2003043,17731.146.10$263,209
Feb 2003044,20733.487.93$350,379
Jan 2003054,06030.315.58$301,765
Dec 2002048,59526.914.85$235,868
Nov 2002033,31224.664.14$137,810
Oct 2002032,12326.464.23$135,852
Sep 2002033,80027.443.64$122,870
Aug 2002039,18025.963.16$123,972
Jul 2002044,66424.583.06$136,750
Jun 2002052,32123.733.34$174,660
May 2002065,88924.663.58$236,146
Apr 2002070,52023.653.51$247,689
Mar 2002039,59722.003.10$122,858
Feb 2002043,16718.222.38$102,551
Jan 2002086,12817.172.38$204,613
Dec 20010112,53616.932.36$266,080
Nov 200110792,87418.072.41$225,344
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001050,14924.873.05$153,113
Jul 200140133,18423.933.20$426,757
Jun 20010137,38124.563.82$525,367
May 20016323,35125.524.31$102,188

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                3,733 Mcf  × $  3.05 =    $11,370

────────────────────────────────────────────────────
Month total                                  $11,370

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/184195 is the state's own key, not one this site invented.