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 185324District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Sep 2001 – May 2026
Value, last 12 filed months
$226 k
at the published price for each month
Months reported
297
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 Gas112002-02-14145457
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
CondensateDisposition1,426 bbl$61,729
GasProduction2,754,239 Mcf$13,491,138
Total$13,552,866

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 31.5021, -96.2456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50213, -96.24557 · 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
12,860 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 12,860 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-16132072512,860 ftJan 2008

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 (297)

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

297 months

May 202605,578106.413.05$16,990
Apr 202607,50498.932.87$21,534
Mar 202607,76889.753.15$24,465
Feb 202604,30563.503.75$16,145
Jan 202607,70259.138.00$61,600
Dec 2025010,15556.664.41$44,818
Nov 202508,63758.593.93$33,913
Oct 202501,93859.383.30$6,405
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 20201034.901.69$35
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020019549.881.98$386
Jan 2020021357.252.09$446
Dec 2019010459.012.30$240
Nov 2019011655.302.75$319
Oct 2019016653.472.42$401
Sep 2019010955.052.66$290
Aug 2019044753.112.30$1,030
Jul 2019343156.272.46$1,229
Jun 2019320552.782.49$669
May 2019021458.482.74$586
Apr 2019097062.632.75$2,668
Mar 2019028056.803.06$857
Feb 2019030450.852.79$849
Jan 2019023746.033.23$765
Dec 2018047046.594.19$1,967
Nov 201832,46252.934.24$10,591
Oct 201801,09461.443.40$3,718
Sep 201801,83159.543.11$5,691
Aug 201861,65959.403.07$5,444
Jul 201801,09865.142.93$3,219
Jun 201801,88960.183.08$5,812
May 201831,08165.382.90$3,332
Apr 2018085663.842.90$2,483
Mar 201801,79261.222.79$4,994
Feb 201841,16461.782.77$3,467
Jan 2018044262.874.01$1,772
Dec 201702,76457.272.92$8,075
Nov 201702,49055.423.12$7,765
Oct 201742,75049.292.98$8,402
Sep 201703,18547.523.09$9,833
Aug 201703,48845.373.00$10,479
Jul 201702,15843.873.09$6,662
Jun 201743,43542.493.09$10,775
May 201733,87145.373.26$12,769
Apr 201703,97447.933.21$12,763
Mar 201722,95446.772.98$8,907
Feb 201703,20950.452.95$9,475
Jan 201741,78849.413.42$6,310
Dec 201602,95448.763.72$10,997
Nov 201602,96042.492.64$7,827
Oct 201601,90746.193.09$5,893
Sep 2016112,41041.553.10$7,930
Aug 201602,38941.442.92$6,986
Jul 201602,97441.622.92$8,697
Jun 201642,66245.352.69$7,331
May 201602,23842.521.99$4,456
Apr 201652,24636.561.99$4,655
Mar 201602,43933.011.79$4,376
Feb 201672,13426.472.06$4,589
Jan 2016112,34727.352.36$5,850
Dec 201503,11932.362.00$6,242
Nov 2015203,01238.792.17$7,304
Oct 201502,41743.552.43$5,865
Sep 2015202,35742.992.76$7,361
Aug 201502,48740.162.87$7,144
Jul 201503,19848.152.95$9,418
Jun 2015413,51156.152.88$12,424
May 2015183,44055.212.96$11,161
Apr 2015164,63749.822.71$13,347
Mar 201504,72442.892.93$13,864
Feb 2015114,37344.662.98$13,506
Jan 201504,21343.433.10$13,063
Dec 201403,09354.693.59$11,108
Nov 201403,65670.464.25$15,545
Oct 201413,92278.303.90$15,378
Sep 201404,37286.164.05$17,687
Aug 201404,56989.394.04$18,436
Jul 201404,40896.564.18$18,424
Jun 201404,50998.164.74$21,359
May 201403,98594.734.73$18,835
Apr 201403,15495.944.81$15,168
Mar 201403,02995.895.06$15,317
Feb 201402,49597.406.19$15,449
Jan 201402,08890.404.86$10,149
Dec 201323,67691.824.35$16,191
Nov 201343,51688.853.74$13,499
Oct 201344,67697.423.78$18,062
Sep 201305,089104.113.72$18,920
Aug 201334,701104.253.52$16,873
Jul 201301,310102.523.72$4,870
Jun 201383,19294.403.93$13,311
May 201303,69694.834.15$15,335
Apr 201323,62493.964.28$15,708
Mar 201303,02293.623.91$11,825
Feb 201303,93991.233.42$13,471
Jan 201323,05891.603.42$10,641
Dec 201214,47086.773.42$15,375
Nov 201203,86686.953.62$14,014
Oct 2012167689.383.40$2,388
Sep 2012069194.672.92$2,017
Aug 2012046492.662.91$1,349
Jul 2012046185.133.02$1,393
Jun 2012044479.822.52$1,118
May 201204,75191.612.49$11,822
Apr 201204,691101.652.00$9,367
Mar 201204,840105.052.22$10,755
Feb 201205,644101.102.57$14,506
Jan 201205,93198.092.73$16,216
Dec 201104,58696.873.24$14,857
Nov 201104,70395.723.31$15,573
Oct 201104,61984.983.65$16,853
Sep 201103,00983.623.99$11,993
Aug 201112,12983.404.15$8,917
Jul 201103,34594.144.52$15,110
Jun 201113,63092.904.64$16,936
May 201102,41798.134.40$10,646
Apr 201125,208105.964.33$22,780
Mar 201104,38796.364.06$17,800
Feb 201163,70085.644.18$15,980
Jan 201134,50086.504.59$20,909
Dec 201036,91785.734.35$30,331
Nov 201016,47080.843.80$24,637
Oct 201015,40178.103.51$19,030
Sep 201035,12972.633.98$20,629
Aug 201092,11573.684.42$10,010
Jul 2010104,93172.554.74$24,081
Jun 201007,81970.364.91$38,394
May 201048,85971.124.24$37,804
Apr 201047,56981.694.12$31,531
Mar 201046,02378.394.39$26,747
Feb 201064,51973.585.44$25,036
Jan 201035,75774.365.96$34,558
Dec 200903,39171.445.48$18,595
Nov 200924,73874.593.75$17,924
Oct 200906,13772.544.11$25,225
Sep 200912,57165.543.06$7,945
Aug 200943,17567.423.22$10,488
Jul 200903,11561.133.46$10,792
Jun 2009114,74566.163.90$19,210
May 200977,79954.743.93$31,000
Apr 2009127,47546.773.59$27,378
Mar 20091622,19542.144.06$90,764
Feb 2009718,62032.814.63$86,496
Jan 20091113,51235.865.37$72,967
Dec 2008112,28937.105.98$73,490
Nov 200809,36455.496.86$64,240
Oct 200809,60775.246.92$66,499
Sep 2008011,731101.767.88$92,406
Aug 2008011,162114.228.48$94,687
Jul 2008011,480131.0811.39$130,751
Jun 2008010,371131.3313.03$135,161
May 2008013,171123.1711.57$152,445
Apr 2008014,943110.3110.45$156,227
Mar 2008016,695101.909.66$161,342
Feb 2008118,81392.538.77$165,093
Jan 200801,68290.388.21$13,802
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200613,60254.207.62$27,492
Oct 2006118,31554.906.01$110,198
Sep 2006017,82360.085.04$89,778
Aug 2006020,59668.717.34$151,173
Jul 2006021,05069.376.34$133,515
Jun 2006018,15266.286.38$115,880
May 2006020,70166.016.42$133,004
Apr 2006018,89664.397.36$139,084
Mar 2006020,14556.707.08$142,685
Feb 200609,97857.597.75$77,341
Jan 2006018,16660.598.93$162,283
Dec 2005019,09154.9413.42$256,113
Nov 2005017,72054.6910.59$187,626
Oct 2005017,72058.3413.80$244,461
Sep 2005016,26361.4512.08$196,441
Aug 2005018,51661.519.80$181,398
Jul 2005018,58755.697.84$145,790
Jun 2005018,75052.337.38$138,395
May 2005020,37345.226.65$135,504
Apr 20055322,59149.207.36$168,888
Mar 200527718,09550.377.15$143,420
Feb 20059218,77345.226.31$122,654
Jan 200512421,13043.166.32$138,940
Dec 20047718,10739.866.75$125,311
Nov 20048916,03945.286.33$105,564
Oct 2004014,24749.706.52$92,821
Sep 2004012,43843.245.28$65,721
Aug 2004013,06842.375.55$72,536
Jul 200409,69238.286.08$58,968
Jun 2004022,86636.106.43$147,097
May 2004022,33637.486.49$145,063
Apr 2004021,77834.475.86$127,586
Mar 2004025,24234.365.53$139,592
Feb 2004023,52032.455.51$129,586
Jan 2004026,62632.036.30$167,734
Dec 2003031,28930.266.30$197,172
Nov 2003021,97928.804.60$100,997
Oct 2003065628.174.76$3,122
Sep 2003018,63126.314.75$88,485
Aug 2003010,76129.765.13$55,201
Jul 2003017,11829.415.17$88,514
Jun 2003034,94928.565.98$209,098
May 2003015,22226.595.97$90,916
Apr 2003032,92726.675.41$178,046
Mar 2003043,18131.146.10$263,233
Feb 2003944,21633.487.93$350,752
Jan 2003069,20630.315.58$386,311
Dec 200211872,15326.914.85$353,389
Nov 2002061,24724.664.14$253,376
Oct 2002156,69726.464.23$239,805
Sep 200227105,80427.443.64$385,360
Aug 2002024,52525.963.16$77,601
Jul 2002041,22424.583.06$126,218
Jun 2002054,36423.733.34$181,480
May 2002086,99124.663.58$311,776
Apr 2002087,98723.653.51$309,039
Mar 2002056,85022.003.10$176,390
Feb 2002056,26118.222.38$133,658
Jan 200253131,25317.172.38$312,725
Dec 200180113,01116.932.36$268,558
Nov 2001045,05918.072.41$108,390
Oct 20012054,77019.782.53$138,902
Sep 20013864,05524.262.25$145,130

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                5,578 Mcf  × $  3.05 =    $16,990

────────────────────────────────────────────────────
Month total                                  $16,990

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/185324 is the state's own key, not one this site invented.