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 193522District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Sep 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
285
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 Gas112003-05-16150590
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
CondensateDisposition309 bbl$16,413
GasProduction1,852,192 Mcf$10,317,395
Total$10,333,808

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 31.4920, -96.2447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49196, -96.24467 · 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
13,140 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 13,140 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161323971613,140 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 (285)

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

285 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 202406973.023.30$228
Dec 2023010871.262.61$282
Nov 2023020777.892.81$581
Oct 2023014985.443.09$460
Sep 2023014689.042.74$399
Aug 202301780.522.67$45
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 2023018375.112.47$451
Jan 2023049776.533.39$1,684
Dec 2022035576.415.73$2,034
Nov 2022016385.005.65$920
Oct 2022033787.185.86$1,976
Sep 2022027684.888.16$2,253
Aug 2022053594.529.13$4,883
Jul 20220401101.587.54$3,024
Jun 20220341115.097.98$2,720
May 20221292109.378.43$2,572
Apr 20220316104.226.84$2,161
Mar 20220361108.885.08$1,833
Feb 2022037091.054.86$1,798
Jan 2022010381.844.54$467
Dec 2021012571.323.90$487
Nov 2021037677.435.24$1,969
Oct 2021030879.795.71$1,760
Sep 2021229369.865.35$1,708
Aug 2021056466.024.22$2,380
Jul 2021028670.783.98$1,139
Jun 2021096069.493.38$3,245
May 2021072163.483.02$2,176
Apr 2021070460.362.76$1,942
Mar 2021023161.302.72$628
Feb 2021036657.805.55$2,031
Jan 2021041850.412.81$1,175
Dec 2020038544.642.68$1,030
Nov 2020039638.772.71$1,072
Oct 2020071436.972.48$1,770
Sep 202001,34937.091.99$2,686
Aug 2020041639.982.39$992
Jul 2020050638.371.83$924
Jun 2020237534.901.69$704
May 2020035816.921.81$650
Apr 202003,82714.751.80$6,905
Mar 202004,10330.341.86$7,616
Feb 202002,45749.881.98$4,867
Jan 202002,96257.252.09$6,205
Dec 201902,07659.012.30$4,784
Nov 201901,80455.302.75$4,962
Oct 2019048253.472.42$1,166
Sep 2019036655.052.66$973
Aug 2019028253.112.30$650
Jul 2019233256.272.46$929
Jun 2019335252.782.49$1,035
May 2019048858.482.74$1,337
Apr 2019030862.632.75$847
Mar 2019034656.803.06$1,059
Feb 2019039150.852.79$1,092
Jan 2019056646.033.23$1,827
Dec 2018062146.594.19$2,599
Nov 2018283852.934.24$3,657
Oct 2018067561.443.40$2,294
Sep 2018057959.543.11$1,800
Aug 2018584059.403.07$2,873
Jul 2018062865.142.93$1,841
Jun 2018075960.183.08$2,335
May 2018459465.382.90$1,985
Apr 2018039063.842.90$1,131
Mar 2018062361.222.79$1,736
Feb 2018597161.782.77$2,995
Jan 2018078162.874.01$3,131
Dec 201701,03457.272.92$3,021
Nov 201701,22555.423.12$3,820
Oct 201762,83549.292.98$8,754
Sep 201705,60247.523.09$17,295
Aug 201705,51845.373.00$16,578
Jul 201705,23943.873.09$16,174
Jun 201745,05242.493.09$15,767
May 201724,53745.373.26$14,897
Apr 201703,27547.933.21$10,518
Mar 2017371746.772.98$2,280
Feb 201701,01950.452.95$3,009
Jan 201761,12149.413.42$4,129
Dec 201604,12548.763.72$15,357
Nov 201603,63542.492.64$9,612
Oct 201605,62346.193.09$17,377
Sep 2016174,56241.553.10$14,851
Aug 201603,59241.442.92$10,504
Jul 201604,41441.622.92$12,908
Jun 201642,82745.352.69$7,774
May 201603,93942.521.99$7,843
Apr 201633,78336.561.99$7,642
Mar 201603,91133.011.79$7,016
Feb 201613,56826.472.06$7,390
Jan 2016179227.352.36$1,900
Dec 2015063432.362.00$1,269
Nov 201502,23438.792.17$4,842
Oct 201502,84843.552.43$6,911
Sep 2015012,18842.992.76$33,620
Aug 201509,29840.162.87$26,708
Jul 2015011,91448.152.95$35,088
Jun 201504,93156.152.88$14,215
May 201505,39255.212.96$15,936
Apr 201507,76049.822.71$21,003
Mar 201502,35742.892.93$6,917
Feb 201501,90644.662.98$5,673
Jan 2015064643.433.10$2,003
Dec 201406,30754.693.59$22,651
Nov 201407,94670.464.25$33,785
Oct 201417,65278.303.90$29,928
Sep 201409,16486.164.05$37,072
Aug 201407,12089.394.04$28,730
Jul 201405,06096.564.18$21,149
Jun 2014085898.164.74$4,064
May 201409094.734.73$425
Apr 2014022695.944.81$1,087
Mar 2014015795.895.06$794
Feb 2014030997.406.19$1,913
Jan 201402,59190.404.86$12,594
Dec 201323,93391.824.35$17,310
Nov 201356,47088.853.74$24,631
Oct 201346,14297.423.78$23,603
Sep 201307,563104.113.72$28,117
Aug 201343,028104.253.52$11,083
Jul 201302,050102.523.72$7,621
Jun 2013123,82494.403.93$16,174
May 201304,92894.834.15$20,447
Apr 201336,29093.964.28$27,219
Mar 201306,20393.623.91$24,272
Feb 201304,59791.233.42$15,721
Jan 201323,98391.603.42$13,805
Dec 201224,52486.773.42$15,646
Nov 201204,56186.953.62$16,533
Oct 201216,22189.383.40$21,239
Sep 201204,25194.672.92$12,406
Aug 201207,41492.662.91$21,561
Jul 201204,47285.133.02$13,509
Jun 201203,95779.822.52$9,968
May 201203,68191.612.49$9,160
Apr 201203,151101.652.00$6,292
Mar 201201,928105.052.22$4,284
Feb 201201,464101.102.57$3,763
Jan 201202,58498.092.73$7,065
Dec 201101,13796.873.24$3,684
Nov 201103,36195.723.31$11,129
Oct 201105,32284.983.65$19,418
Sep 201105,88183.623.99$23,440
Aug 201103,38483.404.15$14,041
Jul 201105,91894.144.52$26,733
Jun 201115,32092.904.64$24,777
May 201106,65998.134.40$29,332
Apr 201126,052105.964.33$26,437
Mar 201106,71996.364.06$27,261
Feb 201154,45585.644.18$19,050
Jan 201125,07286.504.59$23,447
Dec 201022,66985.734.35$11,776
Nov 201014,00180.843.80$15,266
Oct 201035,94478.103.51$21,091
Sep 201056,68172.633.98$26,950
Aug 201096,70173.684.42$30,277
Jul 201085,84872.554.74$28,279
Jun 201006,41370.364.91$31,490
May 201044,39371.124.24$18,890
Apr 201044,11281.694.12$17,279
Mar 201036,63778.394.39$29,363
Feb 201063,51973.585.44$19,593
Jan 201034,61874.365.96$27,765
Dec 200905,00971.445.48$27,468
Nov 200924,85374.593.75$18,355
Oct 200905,47172.544.11$22,487
Sep 200904,34765.543.06$13,322
Aug 200913,55367.423.22$11,503
Jul 200903,17361.133.46$10,993
Jun 200931,32966.163.90$5,375
May 200921,98154.743.93$7,886
Apr 200931,44846.773.59$5,335
Mar 200972,10042.144.06$8,819
Feb 200947,51332.814.63$34,939
Jan 2009117,59735.865.37$41,198
Dec 2008011,59737.105.98$69,317
Nov 200809,50555.496.86$65,208
Oct 200808,12575.246.92$56,241
Sep 200806,188101.767.88$48,743
Aug 200807,563114.228.48$64,157
Jul 200805,399131.0811.39$61,492
Jun 200801,239131.3313.03$16,147
May 20080921123.1711.57$10,660
Apr 20080380110.3110.45$3,973
Mar 20080576101.909.66$5,567
Feb 200802,58492.538.77$22,663
Jan 200802,13990.388.21$17,552
Dec 2007034588.337.30$2,519
Nov 200701,55991.677.29$11,368
Oct 200704,10982.856.92$28,442
Sep 2007011,09075.846.24$69,248
Aug 2007011,81169.066.39$75,448
Jul 2007012,81070.906.39$81,830
Jun 2007012,49562.007.55$94,318
May 2007014,51958.747.85$113,920
Apr 2007014,09859.617.81$110,038
Mar 2007012,79456.927.30$93,421
Feb 2007012,83555.108.22$105,452
Jan 2007017,78750.306.73$119,650
Dec 2006015,20156.656.92$105,167
Nov 2006013,25354.207.62$100,954
Oct 2006014,80454.906.01$89,028
Sep 2006015,25160.085.04$76,822
Aug 2006017,70968.717.34$129,983
Jul 2006010,50969.376.34$66,656
Jun 2006015,00066.286.38$95,758
May 2006016,62766.016.42$106,828
Apr 2006016,53364.397.36$121,691
Mar 2006016,70256.707.08$118,299
Feb 2006018,49257.597.75$143,334
Jan 2006016,95360.598.93$151,447
Dec 200501,80754.9413.42$24,242
Nov 200504,00154.6910.59$42,364
Oct 200507,09058.3413.80$97,812
Sep 200506,50561.4512.08$78,574
Aug 2005013,61861.519.80$133,413
Jul 2005013,48155.697.84$105,740
Jun 2005013,77652.337.38$101,681
May 2005016,47345.226.65$109,565
Apr 2005012,73849.207.36$93,758
Mar 2005016,28050.377.15$116,481
Feb 2005010,77245.226.31$67,992
Jan 200509,40643.166.32$59,467
Dec 2004018,06139.866.75$121,931
Nov 2004016,14645.286.33$102,211
Oct 2004019,10949.706.52$124,497
Sep 2004010,92043.245.28$57,700
Aug 2004015,05742.375.55$83,576
Jul 2004015,23338.286.08$92,680
Jun 2004024,47636.106.43$157,455
May 2004022,10837.486.49$143,582
Apr 2004023,04734.475.86$135,020
Mar 2004018,79634.365.53$103,945
Feb 2004029,72432.455.51$163,768
Jan 2004027,43432.036.30$172,824
Dec 2003026,57030.266.30$167,435
Nov 2003016,63628.804.60$76,445
Oct 2003022,10028.174.76$105,188
Sep 2003025,59726.314.75$121,569
Aug 2003027,92729.765.13$143,258
Jul 200303,20829.415.17$16,588
Jun 2003010,86728.565.98$65,017
May 20032945,93326.595.97$275,114
Apr 2003261,82426.675.41$334,353
Mar 2003070,54131.146.10$430,021
Feb 20037864,20333.487.93$511,477
Jan 2003073,39830.315.58$409,711
Dec 2002071,68326.914.85$347,932
Nov 2002053,50824.664.14$221,360
Oct 2002014,27926.464.23$60,388
Sep 2002015,89827.443.64$57,792

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.

Jan 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.02 =         $0
Gas                   69 Mcf  × $  3.30 =       $228

────────────────────────────────────────────────────
Month total                                     $228

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/193522 is the state's own key, not one this site invented.