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 192954District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Aug 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
286
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 Gas112003-03-17150562
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
CondensateDisposition432 bbl$18,224
GasProduction1,176,063 Mcf$6,845,744
Total$6,863,968

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 31.5006, -96.2392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50056, -96.23921 · 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
13,120 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 13,120 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-16132356913,120 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 (286)

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

286 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
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 20251067.704.27$68
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 20234078.122.24$312
Mar 20230072.852.39$0
Feb 2023017175.112.47$422
Jan 2023033776.533.39$1,142
Dec 2022049076.415.73$2,807
Nov 202201,02885.005.65$5,804
Oct 202201,12087.185.86$6,567
Sep 2022077784.888.16$6,343
Aug 2022037594.529.13$3,423
Jul 20220285101.587.54$2,149
Jun 20220863115.097.98$6,884
May 20224935109.378.43$8,322
Apr 202201,595104.226.84$10,906
Mar 202201,082108.885.08$5,493
Feb 202201,98991.054.86$9,664
Jan 2022088581.844.54$4,016
Dec 202101,16971.323.90$4,558
Nov 2021087377.435.24$4,572
Oct 2021084779.795.71$4,840
Sep 202121,14069.865.35$6,240
Aug 2021066966.024.22$2,824
Jul 2021066770.783.98$2,656
Jun 2021074469.493.38$2,515
May 2021063163.483.02$1,904
Apr 202101,20460.362.76$3,321
Mar 2021067961.302.72$1,845
Feb 2021089857.805.55$4,982
Jan 2021096750.412.81$2,718
Dec 2020095844.642.68$2,563
Nov 2020082738.772.71$2,238
Oct 2020098836.972.48$2,449
Sep 202001,08537.091.99$2,160
Aug 202001,24539.982.39$2,969
Jul 202001,45138.371.83$2,648
Jun 2020391834.901.69$1,656
May 202001,09316.921.81$1,984
Apr 202001,06214.751.80$1,916
Mar 2020057730.341.86$1,071
Feb 2020098649.881.98$1,953
Jan 202001,02857.252.09$2,153
Dec 2019090259.012.30$2,079
Nov 2019058855.302.75$1,617
Oct 2019071753.472.42$1,734
Sep 2019076655.052.66$2,035
Aug 2019078453.112.30$1,807
Jul 2019565356.272.46$1,888
Jun 2019698352.782.49$2,766
May 201901,31858.482.74$3,612
Apr 2019099362.632.75$2,731
Mar 201901,08156.803.06$3,310
Feb 2019056550.852.79$1,578
Jan 201901,24746.033.23$4,026
Dec 201801,39746.594.19$5,847
Nov 2018296252.934.24$4,182
Oct 201801,60461.443.40$5,451
Sep 201801,78759.543.11$5,554
Aug 201841,42359.403.07$4,601
Jul 201801,26365.142.93$3,703
Jun 201801,05460.183.08$3,243
May 201821,14065.382.90$3,438
Apr 201801,43863.842.90$4,171
Mar 201801,25161.222.79$3,486
Feb 201821,18361.782.77$3,396
Jan 201801,23162.874.01$4,935
Dec 201701,08857.272.92$3,179
Nov 201701,11255.423.12$3,468
Oct 201721,06949.292.98$3,288
Sep 2017099147.523.09$3,059
Aug 201701,09645.373.00$3,293
Jul 201701,09743.873.09$3,387
Jun 201721,05142.493.09$3,330
May 201711,06545.373.26$3,521
Apr 201701,01647.933.21$3,263
Mar 201711,23746.772.98$3,738
Feb 201701,00450.452.95$2,964
Jan 201711,41749.413.42$4,894
Dec 2016072848.763.72$2,710
Nov 201601,29642.492.64$3,427
Oct 201601,01046.193.09$3,121
Sep 201681,09541.553.10$3,728
Aug 201601,43941.442.92$4,208
Jul 201603,26541.622.92$9,548
Jun 201621,95245.352.69$5,333
May 201601,13942.521.99$2,268
Apr 201631,43936.561.99$2,975
Mar 201601,58633.011.79$2,845
Feb 201621,57226.472.06$3,297
Jan 201612,13127.352.36$5,066
Dec 201501,88532.362.00$3,773
Nov 201502,00238.792.17$4,339
Oct 201503,34843.552.43$8,124
Sep 201502,00842.992.76$5,539
Aug 20150040.162.87$0
Jul 2015085148.152.95$2,506
Jun 201501,42756.152.88$4,114
May 201501,41555.212.96$4,182
Apr 201502,93449.822.71$7,941
Mar 201502,88942.892.93$8,478
Feb 201502,43744.662.98$7,253
Jan 201503,32643.433.10$10,313
Dec 201402,64854.693.59$9,510
Nov 201401,81770.464.25$7,726
Oct 201412,27278.303.90$8,941
Sep 201402,06986.164.05$8,370
Aug 201402,22889.394.04$8,990
Jul 201402,20996.564.18$9,233
Jun 201402,93798.164.74$13,912
May 201403,79094.734.73$17,914
Apr 201403,18995.944.81$15,336
Mar 201403,48595.895.06$17,623
Feb 201402,61697.406.19$16,198
Jan 201403,10090.404.86$15,068
Dec 201313,89591.824.35$17,053
Nov 201332,57988.853.74$9,908
Oct 201333,08397.423.78$11,944
Sep 201303,363104.113.72$12,503
Aug 201333,045104.253.52$11,039
Jul 201304,494102.523.72$16,708
Jun 201372,81794.403.93$11,741
May 201303,48694.834.15$14,464
Apr 201313,25193.964.28$14,017
Mar 201303,39993.623.91$13,300
Feb 201302,66391.233.42$9,107
Jan 201322,96691.603.42$10,327
Dec 201212,94586.773.42$10,159
Nov 201203,16086.953.62$11,455
Oct 201213,96289.383.40$13,559
Sep 201203,21694.672.92$9,386
Aug 201203,21992.662.91$9,361
Jul 201204,39985.133.02$13,289
Jun 201203,65579.822.52$9,207
May 201203,86491.612.49$9,615
Apr 201202,269101.652.00$4,531
Mar 201203,464105.052.22$7,697
Feb 201201,720101.102.57$4,421
Jan 201203,08298.092.73$8,426
Dec 201102,46796.873.24$7,992
Nov 201105,62495.723.31$18,623
Oct 201103,34484.983.65$12,201
Sep 201101,48783.623.99$5,927
Aug 201101,67483.404.15$6,946
Jul 201101,68894.144.52$7,625
Jun 201112,98692.904.64$13,948
May 201103,89298.134.40$17,144
Apr 201123,057105.964.33$13,459
Mar 201103,38596.364.06$13,734
Feb 201132,55285.644.18$10,924
Jan 201123,54286.504.59$16,426
Dec 201013,12085.734.35$13,651
Nov 201002,78380.843.80$10,562
Oct 201012,55178.103.51$9,029
Sep 201022,67272.633.98$10,778
Aug 201031,78673.684.42$8,114
Jul 201031,91772.554.74$9,298
Jun 201001,75370.364.91$8,608
May 201011,70471.124.24$7,288
Apr 2010280481.694.12$3,478
Mar 201021,94578.394.39$8,693
Feb 201032,13173.585.44$11,818
Jan 201021,54374.365.96$9,351
Dec 200902,60371.445.48$14,274
Nov 200913,45174.593.75$13,021
Oct 200902,62872.544.11$10,802
Sep 200902,97065.543.06$9,102
Aug 200912,94367.423.22$9,539
Jul 200902,95461.133.46$10,234
Jun 200922,91166.163.90$11,471
May 200913,24654.743.93$12,798
Apr 200923,99046.773.59$14,408
Mar 200934,23642.144.06$17,320
Feb 200923,36232.814.63$15,642
Jan 200932,53635.865.37$13,728
Dec 200803,52437.105.98$21,063
Nov 200805,06055.496.86$34,713
Oct 200805,11875.246.92$35,427
Sep 200806,168101.767.88$48,586
Aug 200806,471114.228.48$54,894
Jul 200808,646131.0811.39$98,473
Jun 200805,438131.3313.03$70,871
May 200806,063123.1711.57$70,175
Apr 200805,934110.3110.45$62,039
Mar 200805,539101.909.66$53,529
Feb 200804,62092.538.77$40,520
Jan 200804,15390.388.21$34,078
Dec 200705,54388.337.30$40,475
Nov 200705,83291.677.29$42,525
Oct 200705,83282.856.92$40,369
Sep 200706,48775.846.24$40,506
Aug 200708,43569.066.39$53,882
Jul 200707,63770.906.39$48,785
Jun 200707,28762.007.55$55,006
May 200707,84258.747.85$61,531
Apr 2007010,04959.617.81$78,434
Mar 2007011,61756.927.30$84,827
Feb 200708,95555.108.22$73,574
Jan 2007010,38650.306.73$69,865
Dec 200609,86856.656.92$68,271
Nov 200607,79054.207.62$59,340
Oct 200619,87554.906.01$59,441
Sep 200618,38760.085.04$42,307
Aug 200618,68268.717.34$63,794
Jul 200619,06569.376.34$57,566
Jun 200618,69766.286.38$55,587
May 2006310,18466.016.42$65,630
Apr 200648,33064.397.36$61,570
Mar 200657,93156.707.08$56,458
Feb 200628,23657.597.75$63,953
Jan 2006610,85860.598.93$97,362
Dec 2005511,69254.9413.42$157,128
Nov 2005010,80654.6910.59$114,418
Oct 2005010,10558.3413.80$139,406
Sep 200509,27361.4512.08$112,009
Aug 2005010,63061.519.80$104,140
Jul 200509,56255.697.84$75,001
Jun 200508,51852.337.38$62,872
May 200509,19145.226.65$61,131
Apr 200508,72449.207.36$64,213
Mar 200506,13650.377.15$43,902
Feb 200504,91045.226.31$30,992
Jan 200505,41543.166.32$34,235
Dec 200407,39139.866.75$49,897
Nov 200408,40445.286.33$53,201
Oct 200408,72549.706.52$56,844
Sep 2004011,59543.245.28$61,267
Aug 2004011,05742.375.55$61,374
Jul 2004010,87838.286.08$66,184
Jun 2004014,28936.106.43$91,921
May 200408,31137.486.49$53,976
Apr 2004015,43034.475.86$90,396
Mar 2004016,01234.365.53$88,549
Feb 2004013,63032.455.51$75,096
Jan 2004016,50832.036.30$103,994
Dec 2003023,09730.266.30$145,549
Nov 2003017,67228.804.60$81,206
Oct 2003013,06628.174.76$62,189
Sep 200306,27926.314.75$29,821
Aug 2003010,41329.765.13$53,416
Jul 2003015,23729.415.17$78,788
Jun 20031814,85428.565.98$89,385
May 200308,13326.595.97$48,576
Apr 20031657,33226.675.41$44,047
Mar 2003012,99831.146.10$79,236
Feb 20039521,45233.487.93$173,207
Jan 2003053,15030.315.58$296,685
Dec 2002055,36026.914.85$268,704
Nov 2002055,93124.664.14$231,384
Oct 200205,44226.464.23$23,015
Sep 200205,73327.443.64$20,841
Aug 200206,20525.963.16$19,634

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.

Mar 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 67.70 =        $68
Gas                    0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                      $68

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/192954 is the state's own key, not one this site invented.