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 192983District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.1 M
Aug 2002 – May 2026
Value, last 12 filed months
$2 k
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 Gas112003-03-20150516
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
CondensateDisposition556 bbl$33,149
GasProduction2,343,299 Mcf$13,108,281
Total$13,141,430

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 31.4993, -96.2436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49927, -96.24364 · 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
12,980 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 12,980 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-16132344812,980 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 2026018698.932.87$534
Mar 2026011389.753.15$356
Feb 202601663.503.75$60
Jan 20260059.138.00$0
Dec 202504956.664.41$216
Nov 2025013858.593.93$542
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 20257067.704.27$474
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 202402079.932.15$43
Jun 202407078.082.63$184
May 20240078.812.20$0
Apr 202403284.451.66$53
Mar 2024010980.301.55$168
Feb 202407276.091.78$128
Jan 2024027173.023.30$894
Dec 2023028471.262.61$741
Nov 2023032277.892.81$904
Oct 202301,37685.443.09$4,248
Sep 2023020689.042.74$563
Aug 2023080880.522.67$2,160
Jul 202302,85874.852.64$7,550
Jun 202302,43868.962.26$5,506
May 202302,23870.622.23$4,985
Apr 2023132,18278.122.24$5,898
Mar 202301,79372.852.39$4,291
Feb 2023085375.112.47$2,103
Jan 2023029376.533.39$993
Dec 2022080376.415.73$4,600
Nov 202201,14785.005.65$6,476
Oct 202201,92787.185.86$11,299
Sep 202202,65184.888.16$21,642
Aug 202202,26394.529.13$20,655
Jul 202203,579101.587.54$26,993
Jun 202204,702115.097.98$37,509
May 2022164,195109.378.43$37,127
Apr 202203,863104.226.84$26,414
Mar 202203,629108.885.08$18,422
Feb 202202,90191.054.86$14,095
Jan 202204,70281.844.54$21,336
Dec 202104,46871.323.90$17,421
Nov 202104,76077.435.24$24,927
Oct 202103,46179.795.71$19,776
Sep 2021113,78369.865.35$21,011
Aug 202104,22266.024.22$17,819
Jul 202104,04470.783.98$16,104
Jun 202103,83669.493.38$12,968
May 202104,06263.483.02$12,258
Apr 202104,12660.362.76$11,381
Mar 202104,85761.302.72$13,196
Feb 202103,23557.805.55$17,948
Jan 202103,65950.412.81$10,283
Dec 202003,44644.642.68$9,220
Nov 202004,56638.772.71$12,358
Oct 202002,81636.972.48$6,979
Sep 202002,45537.091.99$4,888
Aug 202002,42339.982.39$5,779
Jul 202002,54838.371.83$4,650
Jun 202082,30734.901.69$4,179
May 202002,61416.921.81$4,744
Apr 202002,14614.751.80$3,872
Mar 202003,46430.341.86$6,430
Feb 202001,89349.881.98$3,749
Jan 202001,79957.252.09$3,768
Dec 201903,60659.012.30$8,310
Nov 201902,55455.302.75$7,025
Oct 201901,97153.472.42$4,767
Sep 201902,36655.052.66$6,287
Aug 201902,51653.112.30$5,798
Jul 201962,17356.272.46$5,683
Jun 201962,58552.782.49$6,756
May 201902,33858.482.74$6,407
Apr 201902,03662.632.75$5,600
Mar 201903,01056.803.06$9,217
Feb 2019098750.852.79$2,756
Jan 201901,12146.033.23$3,619
Dec 201801,11746.594.19$4,675
Nov 201831,49352.934.24$6,485
Oct 201801,66661.443.40$5,661
Sep 201801,61459.543.11$5,016
Aug 2018751459.403.07$1,992
Jul 201801,08865.142.93$3,190
Jun 201803,70860.183.08$11,409
May 201831,63565.382.90$4,939
Apr 201801,73663.842.90$5,036
Mar 201801,75561.222.79$4,891
Feb 201832,19361.782.77$6,251
Jan 201802,22562.874.01$8,921
Dec 201702,34457.272.92$6,848
Nov 201702,10855.423.12$6,574
Oct 201721,87049.292.98$5,678
Sep 201701,97647.523.09$6,100
Aug 201702,10845.373.00$6,333
Jul 201702,13843.873.09$6,601
Jun 201721,97742.493.09$6,189
May 201722,07845.373.26$6,872
Apr 201702,09547.933.21$6,728
Mar 201712,41546.772.98$7,252
Feb 201701,81650.452.95$5,362
Jan 201732,39649.413.42$8,340
Dec 201601,81848.763.72$6,768
Nov 201601,82142.492.64$4,815
Oct 201602,05746.193.09$6,357
Sep 2016152,71841.553.10$9,051
Aug 201603,56041.442.92$10,411
Jul 201604,14441.622.92$12,118
Jun 201623,44545.352.69$9,343
May 201602,22342.521.99$4,426
Apr 201631,55636.561.99$3,208
Mar 201601,67233.011.79$3,000
Feb 201631,68626.472.06$3,559
Jan 201622,06127.352.36$4,928
Dec 201503,23932.362.00$6,483
Nov 201503,80338.792.17$8,242
Oct 201503,40843.552.43$8,270
Sep 201503,57742.992.76$9,867
Aug 201504,10140.162.87$11,780
Jul 201503,94048.152.95$11,604
Jun 201503,70056.152.88$10,667
May 201504,05655.212.96$11,987
Apr 201503,46249.822.71$9,370
Mar 201503,78442.892.93$11,105
Feb 201503,03444.662.98$9,030
Jan 201501,75643.433.10$5,445
Dec 201401,32954.693.59$4,773
Nov 201403,18170.464.25$13,525
Oct 201413,46678.303.90$13,599
Sep 201403,79786.164.05$15,361
Aug 201405,03389.394.04$20,309
Jul 201404,71096.564.18$19,686
Jun 201404,91698.164.74$23,287
May 201405,40894.734.73$25,561
Apr 201405,06195.944.81$24,339
Mar 201404,85795.895.06$24,561
Feb 201403,86397.406.19$23,920
Jan 201404,12990.404.86$20,070
Dec 201324,52391.824.35$19,879
Nov 201354,78388.853.74$18,324
Oct 201355,77297.423.78$22,302
Sep 201305,148104.113.72$19,139
Aug 201355,334104.253.52$19,311
Jul 201304,631102.523.72$17,217
Jun 2013126,20894.403.93$25,551
May 201304,54994.834.15$18,874
Apr 201335,39593.964.28$23,386
Mar 201305,32293.623.91$20,824
Feb 201304,41291.233.42$15,089
Jan 201335,11191.603.42$17,754
Dec 201225,50686.773.42$19,005
Nov 201205,88986.953.62$21,347
Oct 201214,74189.383.40$16,207
Sep 201204,74594.672.92$13,848
Aug 201207,66192.662.91$22,279
Jul 201207,54885.133.02$22,801
Jun 201207,31979.822.52$18,437
May 201207,11591.612.49$17,704
Apr 201206,221101.652.00$12,422
Mar 201206,654105.052.22$14,786
Feb 201206,507101.102.57$16,725
Jan 201207,06398.092.73$19,311
Dec 201105,46996.873.24$17,718
Nov 201103,50295.723.31$11,596
Oct 201105,29384.983.65$19,312
Sep 201104,58983.623.99$18,291
Aug 201112,68183.404.15$11,208
Jul 201104,56694.144.52$20,626
Jun 201113,13592.904.64$14,639
May 201104,25798.134.40$18,751
Apr 201124,365105.964.33$19,127
Mar 201104,78996.364.06$19,431
Feb 201154,72285.644.18$20,166
Jan 201134,89886.504.59$22,735
Dec 201026,30785.734.35$27,593
Nov 201014,65380.843.80$17,741
Oct 201024,79278.103.51$16,971
Sep 201035,22372.633.98$21,003
Aug 201064,04973.684.42$18,336
Jul 201092,20572.554.74$11,097
Jun 201003,44770.364.91$16,926
May 201046,39971.124.24$27,386
Apr 201046,06781.694.12$25,339
Mar 201044,80278.394.39$21,388
Feb 201074,17173.585.44$23,215
Jan 201045,21474.365.96$31,394
Dec 200905,54571.445.48$30,407
Nov 200925,89474.593.75$22,261
Oct 200907,39372.544.11$30,387
Sep 200908,34965.543.06$25,588
Aug 200918,73167.423.22$28,168
Jul 2009010,11461.133.46$35,040
Jun 200939,15666.163.90$35,861
May 200927,26754.743.93$28,638
Apr 200945,83546.773.59$21,120
Mar 200955,97942.144.06$24,479
Feb 200935,76832.814.63$26,822
Jan 200956,51835.865.37$35,187
Dec 200805,57837.105.98$33,340
Nov 200808,79055.496.86$60,303
Oct 2008010,56475.246.92$73,124
Sep 200808,296101.767.88$65,348
Aug 200808,849114.228.48$75,066
Jul 2008010,195131.0811.39$116,115
Jun 2008010,702131.3313.03$139,475
May 200809,908123.1711.57$114,678
Apr 200808,004110.3110.45$83,681
Mar 2008011,928101.909.66$115,273
Feb 2008011,81792.538.77$103,642
Jan 2008012,12990.388.21$99,527
Dec 2007012,73788.337.30$93,005
Nov 2007012,66991.677.29$92,379
Oct 2007012,03782.856.92$83,320
Sep 2007010,42075.846.24$65,064
Aug 200709,16669.066.39$58,552
Jul 2007011,60970.906.39$74,158
Jun 20071912,87162.007.55$98,334
May 20073212,79758.747.85$102,289
Apr 20071712,05859.617.81$95,128
Mar 20071512,58756.927.30$92,764
Feb 20071211,98655.108.22$99,138
Jan 20071012,49950.306.73$84,582
Dec 20061113,07156.656.92$91,054
Nov 20061010,90754.207.62$83,626
Oct 20061213,50254.906.01$81,857
Sep 20061511,52060.085.04$58,930
Aug 20061813,23968.717.34$98,410
Jul 20061613,04269.376.34$83,832
Jun 20062112,87066.286.38$83,552
May 20062114,53966.016.42$94,799
Apr 2006014,12864.397.36$103,989
Mar 2006014,30556.707.08$101,321
Feb 2006012,19257.597.75$94,502
Jan 2006015,72260.598.93$140,450
Dec 2005017,05454.9413.42$228,786
Nov 2005014,57954.6910.59$154,368
Oct 2005015,58458.3413.80$214,993
Sep 2005014,30561.4512.08$172,790
Aug 2005014,55161.519.80$142,554
Jul 2005013,63255.697.84$106,925
Jun 2005015,42652.337.38$113,860
May 2005016,78145.226.65$111,613
Apr 2005018,21849.207.36$134,093
Mar 2005016,85750.377.15$120,610
Feb 2005015,67845.226.31$98,958
Jan 2005017,64743.166.32$111,568
Dec 2004019,78439.866.75$133,563
Nov 2004016,72745.286.33$105,889
Oct 2004017,29049.706.52$112,646
Sep 2004220,59743.245.28$108,919
Aug 2004329,44742.375.55$163,577
Jul 2004223,46538.286.08$142,842
Jun 2004732,54836.106.43$209,635
May 2004429,61737.486.49$192,500
Apr 2004028,74034.475.86$168,372
Mar 2004027,75734.365.53$153,500
Feb 2004032,79932.455.51$180,710
Jan 2004037,21132.036.30$234,416
Dec 2003037,69430.266.30$237,534
Nov 2003022,52728.804.60$103,515
Oct 2003037,58728.174.76$178,901
Sep 2003045,01226.314.75$213,778
Aug 2003051,92629.765.13$266,366
Jul 2003052,39729.415.17$270,937
Jun 2003085,81528.565.98$513,428
May 200301,44226.595.97$8,613
Apr 200302,31326.675.41$12,507
Mar 2003029,47831.146.10$179,699
Feb 2003030,18233.487.93$239,219
Jan 2003068,17430.315.58$380,550
Dec 2002071,01426.914.85$344,685
Nov 20020110,75824.664.14$458,201
Oct 2002047,69926.464.23$201,725
Sep 2002037,80227.443.64$137,418
Aug 20026923,87325.963.16$77,329

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  186 Mcf  × $  2.87 =       $534

────────────────────────────────────────────────────
Month total                                     $534

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/192983 is the state's own key, not one this site invented.