MITCHELL-WILLIAMS TRUST

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the LOPER (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193278District 05Field 548762252 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Nov 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
283
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 77 leases and 77 wells, and the rule below applies to all of them.

Discovered
1990-04-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2000.

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 Gas112003-03-20150559
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
CondensateDisposition7,441 bbl$290,741
GasProduction763,589 Mcf$4,535,320
Total$4,826,061

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 31.8486, -96.2044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84859, -96.20442 · 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
12,100 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 12,100 ft.

Completions filed
Nov 2002
1 of 1 wells

1 well

42-16132423112,100 ftNov 2002

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 (283)

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

283 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 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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020029130.341.86$540
Feb 2020038549.881.98$763
Jan 2020054257.252.09$1,135
Dec 2019079659.012.30$1,834
Nov 2019074555.302.75$2,049
Oct 2019052053.472.42$1,258
Sep 2019044255.052.66$1,175
Aug 2019039053.112.30$899
Jul 2019028256.272.46$694
Jun 2019016352.782.49$406
May 2019021058.482.74$575
Apr 2019014662.632.75$402
Mar 2019016356.803.06$499
Feb 2019018250.852.79$508
Jan 2019024446.033.23$788
Dec 2018019846.594.19$829
Nov 2018022252.934.24$941
Oct 2018028761.443.40$975
Sep 2018018259.543.11$566
Aug 2018019959.403.07$610
Jul 2018019765.142.93$578
Jun 2018022260.183.08$683
May 2018028265.382.90$818
Apr 2018029663.842.90$859
Mar 2018022561.222.79$627
Feb 2018025461.782.77$703
Jan 2018023062.874.01$922
Dec 2017059657.272.92$1,741
Nov 2017037955.423.12$1,182
Oct 2017036149.292.98$1,077
Sep 2017042847.523.09$1,321
Aug 2017026745.373.00$802
Jul 2017033743.873.09$1,040
Jun 2017038542.493.09$1,189
May 2017032745.373.26$1,067
Apr 2017033647.933.21$1,079
Mar 2017031946.772.98$952
Feb 2017041450.452.95$1,222
Jan 2017035849.413.42$1,224
Dec 2016157648.763.72$2,193
Nov 2016059442.492.64$1,571
Oct 2016082746.193.09$2,556
Sep 2016065541.553.10$2,031
Aug 20167699441.442.92$6,056
Jul 201601,02741.622.92$3,003
Jun 2016097845.352.69$2,627
May 201601,03242.521.99$2,055
Apr 201601,04636.561.99$2,083
Mar 201601,19033.011.79$2,135
Feb 201601,18526.472.06$2,445
Jan 201601,05627.352.36$2,497
Dec 2015690632.362.00$2,007
Nov 2015045438.792.17$984
Oct 2015052143.552.43$1,264
Sep 2015065742.992.76$1,812
Aug 2015061040.162.87$1,752
Jul 2015154048.152.95$1,638
Jun 2015132756.152.88$999
May 2015034555.212.96$1,020
Apr 2015037549.822.71$1,015
Mar 2015052742.892.93$1,547
Feb 2015051344.662.98$1,527
Jan 2015048943.433.10$1,516
Dec 2014067154.693.59$2,410
Nov 2014054970.464.25$2,334
Oct 2014058478.303.90$2,278
Sep 2014052886.164.05$2,136
Aug 2014085489.394.04$3,446
Jul 2014199696.564.18$4,259
Jun 201411,25098.164.74$6,019
May 2014251,12094.734.73$7,662
Apr 201401,22195.944.81$5,872
Mar 201411,01595.895.06$5,229
Feb 2014067797.406.19$4,192
Jan 201401,02090.404.86$4,958
Dec 201301,17291.824.35$5,103
Nov 201301,02788.853.74$3,839
Oct 2013093997.423.78$3,549
Sep 20130835104.113.72$3,104
Aug 20130952104.253.52$3,354
Jul 20130606102.523.72$2,253
Jun 2013095194.403.93$3,741
May 201301,02494.834.15$4,249
Apr 2013081693.964.28$3,495
Mar 201301,18993.623.91$4,652
Feb 2013701,27691.233.42$10,750
Jan 201301,39291.603.42$4,761
Dec 2012086686.773.42$2,962
Nov 2012177686.953.62$2,900
Oct 2012166289.383.40$2,340
Sep 2012175694.672.92$2,301
Aug 201201,15892.662.91$3,368
Jul 201201,22685.133.02$3,704
Jun 201211,00179.822.52$2,601
May 201201,09691.612.49$2,727
Apr 201211,080101.652.00$2,258
Mar 201211,189105.052.22$2,747
Feb 201211,182101.102.57$3,139
Jan 20121061,41198.092.73$14,255
Dec 201111,38596.873.24$4,584
Nov 201111,04195.723.31$3,543
Oct 2011084084.983.65$3,065
Sep 201101,01683.623.99$4,050
Aug 201121,15483.404.15$4,955
Jul 201101,17894.144.52$5,321
Jun 201111,14692.904.64$5,410
May 201101,70998.134.40$7,528
Apr 201111,647105.964.33$7,243
Mar 201101,86696.364.06$7,571
Feb 2011791,07285.644.18$11,247
Jan 201101,53786.504.59$7,053
Dec 201001,25085.734.35$5,435
Nov 2010084280.843.80$3,196
Oct 201001,00978.103.51$3,540
Sep 201011,07172.633.98$4,335
Aug 201001,32773.684.42$5,864
Jul 201011,48772.554.74$7,116
Jun 201011,73570.364.91$8,590
May 201001,43771.124.24$6,086
Apr 201001,51581.694.12$6,246
Mar 201001,29378.394.39$5,675
Feb 201001,60973.585.44$8,757
Jan 201002,27674.365.96$13,574
Dec 200901,84371.445.48$10,107
Nov 20091041,37674.593.75$12,919
Oct 200911,81972.544.11$7,549
Sep 200921,93965.543.06$6,074
Aug 200921,92867.423.22$6,340
Jul 200902,16461.133.46$7,497
Jun 200901,84066.163.90$7,167
May 200901,83254.743.93$7,192
Apr 200901,97346.773.59$7,078
Mar 200902,12442.144.06$8,621
Feb 200901,70532.814.63$7,899
Jan 200902,01735.865.37$10,833
Dec 2008791,55337.105.98$12,213
Nov 200801,99455.496.86$13,680
Oct 200802,32075.246.92$16,059
Sep 200802,903101.767.88$22,867
Aug 200802,692114.228.48$22,836
Jul 200802,667131.0811.39$30,376
Jun 200802,230131.3313.03$29,063
May 200822,314123.1711.57$27,029
Apr 200812,304110.3110.45$24,198
Mar 200802,546101.909.66$24,605
Feb 20081172,72692.538.77$34,735
Jan 200812,16890.388.21$17,880
Dec 20071363,40588.337.30$36,876
Nov 200702,85791.677.29$20,832
Oct 200722,52982.856.92$17,671
Sep 200702,61975.846.24$16,353
Aug 200722,53169.066.39$16,306
Jul 200722,74370.906.39$17,664
Jun 2007173,54262.007.55$27,791
May 200704,17258.747.85$32,735
Apr 200703,71659.617.81$29,004
Mar 200704,27856.927.30$31,238
Feb 2007303,02955.108.22$26,539
Jan 200703,37750.306.73$22,717
Dec 200603,31256.656.92$22,914
Nov 200614,15354.207.62$31,690
Oct 200604,97054.906.01$29,889
Sep 2006524,36460.085.04$25,107
Aug 200605,81368.717.34$42,667
Jul 20061234,95369.376.34$39,948
Jun 200606,31366.286.38$40,301
May 200615,83066.016.42$37,524
Apr 20061204,92864.397.36$43,999
Mar 200605,57256.707.08$39,466
Feb 20061245,85857.597.75$52,547
Jan 200607,25160.598.93$64,776
Dec 20052135,93554.9413.42$91,323
Nov 200505,52954.6910.59$58,543
Oct 200506,43558.3413.80$88,776
Sep 200504,65361.4512.08$56,204
Aug 200504,57661.519.80$44,830
Jul 200507,73455.697.84$60,663
Jun 2005274,74052.337.38$36,399
May 20051816,29545.226.65$50,054
Apr 200508,98349.207.36$66,119
Mar 200504,34250.377.15$31,066
Feb 200503,36145.226.31$21,214
Jan 20051643,52043.166.32$29,332
Dec 200408,36039.866.75$56,439
Nov 200407,78645.286.33$49,289
Oct 200436,85049.706.52$44,778
Sep 20041479,69843.245.28$57,600
Aug 2004012,55942.375.55$69,711
Jul 20041218,22538.286.08$54,674
Jun 200411810,83536.106.43$73,962
May 200412611,16237.486.49$77,215
Apr 200415812,57534.475.86$79,116
Mar 2004314,35034.365.53$79,461
Feb 200432414,94032.455.51$92,828
Jan 200416316,54732.036.30$109,461
Dec 200333618,00730.266.30$123,641
Nov 200332618,03928.804.60$92,281
Oct 200345822,17428.174.76$118,442
Sep 200312023,58226.314.75$115,157
Aug 200347326,76929.765.13$151,394
Jul 200334425,68929.415.17$142,951
Jun 200339520,20828.565.98$132,185
May 200346624,93126.595.97$161,296
Apr 200356429,76426.675.41$175,984
Mar 200318529,05031.146.10$182,851
Feb 200320612,64533.487.93$107,120
Jan 200318222,53730.315.58$131,319
Dec 200233521,35426.914.85$112,662
Nov 2002018,02324.664.14$74,560

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                  291 Mcf  × $  1.86 =       $540

────────────────────────────────────────────────────
Month total                                     $540

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/193278 is the state's own key, not one this site invented.