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 193549District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Oct 2002 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
284
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 Gas112003-05-16150556
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
CondensateDisposition1,088 bbl$43,979
GasProduction2,196,038 Mcf$12,579,360
Total$12,623,340

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 31.4963, -96.2442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49626, -96.24421 · 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
13,061 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 13,061 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-161324181413,061 ftJul 2022

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 (284)

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

284 months

May 20260867106.413.05$2,641
Apr 2026090498.932.87$2,594
Mar 2026062889.753.15$1,978
Feb 2026050363.503.75$1,886
Jan 2026058859.138.00$4,703
Dec 2025092556.664.41$4,082
Nov 202501,14758.593.93$4,504
Oct 202501,16259.383.30$3,840
Sep 202501,09962.743.08$3,382
Aug 202501,00863.933.01$3,039
Jul 202501,38466.743.32$4,588
Jun 202501,23166.483.13$3,851
May 2025089660.553.23$2,896
Apr 2025060962.363.54$2,158
Mar 2025951767.704.27$2,816
Feb 202501,03370.884.34$4,484
Jan 202501,21874.324.28$5,211
Dec 202401,23668.993.12$3,858
Nov 2024034269.052.20$752
Oct 2024024671.372.28$561
Sep 2024071569.612.36$1,691
Aug 2024094775.632.06$1,954
Jul 202401,17479.932.15$2,520
Jun 202401,53778.082.63$4,048
May 20240078.812.20$0
Apr 2024039484.451.66$654
Mar 2024075280.301.55$1,162
Feb 2024079576.091.78$1,418
Jan 202401,72473.023.30$5,685
Dec 202301,24671.262.61$3,253
Nov 2023097377.892.81$2,732
Oct 2023079585.443.09$2,454
Sep 2023046689.042.74$1,275
Aug 202302,10380.522.67$5,621
Jul 202301,71974.852.64$4,541
Jun 202301,82768.962.26$4,126
May 202301,67270.622.23$3,724
Apr 2023111,75478.122.24$4,784
Mar 202302,00672.852.39$4,801
Feb 202301,88075.112.47$4,635
Jan 202301,54276.533.39$5,224
Dec 202202,28276.415.73$13,074
Nov 202202,19885.005.65$12,410
Oct 202202,99387.185.86$17,550
Sep 202202,81084.888.16$22,940
Aug 202203,88394.529.13$35,441
Jul 202202,738101.587.54$20,650
Jun 202200115.097.98$0
May 20223172109.378.43$1,779
Apr 20220641104.226.84$4,383
Mar 20220401108.885.08$2,036
Feb 2022019291.054.86$933
Jan 2022017281.844.54$780
Dec 2021014871.323.90$577
Nov 2021072577.435.24$3,797
Oct 202101,88079.795.71$10,742
Sep 202161,36969.865.35$7,745
Aug 2021079566.024.22$3,355
Jul 2021088970.783.98$3,540
Jun 202101,14469.493.38$3,867
May 202101,33363.483.02$4,023
Apr 2021097760.362.76$2,695
Mar 202101,61961.302.72$4,399
Feb 2021083057.805.55$4,605
Jan 202102,95250.412.81$8,296
Dec 202002,17944.642.68$5,830
Nov 202001,60438.772.71$4,341
Oct 202001,25736.972.48$3,115
Sep 202002,84937.091.99$5,672
Aug 202001,86039.982.39$4,436
Jul 202002,17638.371.83$3,971
Jun 202072,23334.901.69$4,019
May 202003,12316.921.81$5,667
Apr 202002,21414.751.80$3,995
Mar 202001,87730.341.86$3,484
Feb 202002,11249.881.98$4,183
Jan 202002,49857.252.09$5,233
Dec 201902,27259.012.30$5,236
Nov 201901,69855.302.75$4,671
Oct 201901,33053.472.42$3,217
Sep 201901,51655.052.66$4,028
Aug 201902,31653.112.30$5,337
Jul 201992,17456.272.46$5,855
Jun 2019101,84652.782.49$5,127
May 201902,52458.482.74$6,917
Apr 201902,04062.632.75$5,611
Mar 201901,93156.803.06$5,913
Feb 201902,43650.852.79$6,802
Jan 201902,64446.033.23$8,535
Dec 201802,75146.594.19$11,514
Nov 201853,45852.934.24$14,917
Oct 201802,13661.443.40$7,258
Sep 201803,64559.543.11$11,329
Aug 201893,73859.403.07$11,997
Jul 201802,27365.142.93$6,664
Jun 201801,38260.183.08$4,252
May 201853,37965.382.90$10,129
Apr 201803,60463.842.90$10,454
Mar 201803,05461.222.79$8,511
Feb 201843,59261.782.77$10,183
Jan 201804,10762.874.01$16,466
Dec 201702,32057.272.92$6,778
Nov 201704,08255.423.12$12,729
Oct 201732,33249.292.98$7,106
Sep 201702,47847.523.09$7,650
Aug 201702,91245.373.00$8,749
Jul 201701,87443.873.09$5,786
Jun 201743,16442.493.09$9,938
May 201732,98845.373.26$9,887
Apr 201703,78647.933.21$12,159
Mar 201733,59946.772.98$10,879
Feb 201703,55750.452.95$10,502
Jan 201731,54849.413.42$5,441
Dec 201602,20748.763.72$8,216
Nov 201603,48342.492.64$9,210
Oct 201604,31046.193.09$13,319
Sep 2016141,47541.553.10$5,155
Aug 201602,64741.442.92$7,741
Jul 201604,55241.622.92$13,312
Jun 201643,91845.352.69$10,704
May 201602,82342.521.99$5,621
Apr 201643,80336.561.99$7,718
Mar 201604,04833.011.79$7,262
Feb 201633,66226.472.06$7,636
Jan 201622,90727.352.36$6,928
Dec 201502,92032.362.00$5,844
Nov 201503,54938.792.17$7,692
Oct 201501,88443.552.43$4,572
Sep 2015096042.992.76$2,648
Aug 201501,12340.162.87$3,226
Jul 201501,33348.152.95$3,926
Jun 201501,33556.152.88$3,849
May 201501,99255.212.96$5,887
Apr 201502,72549.822.71$7,375
Mar 201505,72942.892.93$16,813
Feb 201505,69644.662.98$16,952
Jan 201504,15943.433.10$12,896
Dec 201401,55654.693.59$5,588
Nov 201401,98070.464.25$8,419
Oct 201415,65978.303.90$22,154
Sep 201403,86686.164.05$15,640
Aug 201401,83089.394.04$7,384
Jul 201406,25396.564.18$26,135
Jun 201404,89798.164.74$23,197
May 201406,43994.734.73$30,434
Apr 201406,45795.944.81$31,052
Mar 201406,05795.895.06$30,629
Feb 201405,31097.406.19$32,880
Jan 201401,63990.404.86$7,967
Dec 201325,53291.824.35$24,273
Nov 201353,66888.853.74$14,156
Oct 201353,71997.423.78$14,543
Sep 201307,580104.113.72$28,180
Aug 201355,245104.253.52$18,997
Jul 201302,766102.523.72$10,283
Jun 2013145,62794.403.93$23,455
May 201308,04894.834.15$33,392
Apr 201323,31093.964.28$14,363
Mar 201308,49393.623.91$33,232
Feb 201307,00891.233.42$23,967
Jan 201313,53291.603.42$12,171
Dec 201211,91586.773.42$6,636
Nov 201201,31186.953.62$4,752
Oct 201212,52889.383.40$8,684
Sep 201205,51994.672.92$16,107
Aug 201205,96392.662.91$17,341
Jul 201206,39885.133.02$19,327
Jun 201201,23979.822.52$3,121
May 201201,98691.612.49$4,942
Apr 201205,851101.652.00$11,683
Mar 201207,896105.052.22$17,546
Feb 201203,432101.102.57$8,821
Jan 201201,90598.092.73$5,208
Dec 201105,43396.873.24$17,602
Nov 201106,66795.723.31$22,076
Oct 201107,49784.983.65$27,353
Sep 201107,61883.623.99$30,364
Aug 201104,51383.404.15$18,726
Jul 201105,55494.144.52$25,089
Jun 201112,99392.904.64$13,980
May 201104,65198.134.40$20,487
Apr 201125,403105.964.33$23,625
Mar 201106,14196.364.06$24,916
Feb 201155,65385.644.18$24,058
Jan 201124,76986.504.59$22,057
Dec 201016,29185.734.35$27,437
Nov 201013,41980.843.80$13,057
Oct 201017,55178.103.51$26,574
Sep 201023,00172.633.98$12,088
Aug 201052,64373.684.42$12,049
Jul 201081,48872.554.74$7,628
Jun 201003,44670.364.91$16,921
May 201045,49571.124.24$23,557
Apr 201045,58481.694.12$23,348
Mar 201045,07478.394.39$22,582
Feb 201065,02073.585.44$27,762
Jan 201044,47074.365.96$26,957
Dec 200905,41571.445.48$29,695
Nov 200925,57874.593.75$21,075
Oct 200906,24672.544.11$25,673
Sep 200906,05165.543.06$18,545
Aug 200916,45167.423.22$20,830
Jul 200907,78061.133.46$26,954
Jun 200946,92266.163.90$27,226
May 200927,37454.743.93$29,058
Apr 200946,88246.773.59$24,876
Mar 200965,44442.144.06$22,350
Feb 200945,43232.814.63$25,298
Jan 200988,55535.865.37$46,236
Dec 200807,85337.105.98$46,938
Nov 2008071255.496.86$4,885
Oct 2008080175.246.92$5,545
Sep 200803,254101.767.88$25,632
Aug 200807,793114.228.48$66,108
Jul 200802,166131.0811.39$24,670
Jun 200805,379131.3313.03$70,103
May 200808,549123.1711.57$98,949
Apr 200803,393110.3110.45$35,473
Mar 200804,654101.909.66$44,977
Feb 2008010,30092.538.77$90,337
Jan 200803,19890.388.21$26,242
Dec 2007011,28688.337.30$82,410
Nov 200708,46291.677.29$61,702
Oct 2007012,41182.856.92$85,909
Sep 200706,64775.846.24$41,505
Aug 2007012,85969.066.39$82,143
Jul 2007014,31970.906.39$91,469
Jun 2007714,70062.007.55$111,396
May 2007512,79258.747.85$100,663
Apr 2007094659.617.81$7,384
Mar 2007112756.927.30$984
Feb 200754,85255.108.22$40,140
Jan 2007414,24150.306.73$95,998
Dec 2006511,33356.656.92$78,690
Nov 200638,45254.207.62$64,546
Oct 2006213,59054.906.01$81,837
Sep 2006011,68260.085.04$58,845
Aug 2006014,10168.717.34$103,500
Jul 2006015,40169.376.34$97,685
Jun 2006014,35166.286.38$91,615
May 2006416,43666.016.42$105,865
Apr 20061412,05964.397.36$89,661
Mar 20061312,74956.707.08$91,037
Feb 20061012,78857.597.75$99,697
Jan 20061719,77260.598.93$177,660
Dec 20051317,79054.9413.42$239,374
Nov 2005020,47054.6910.59$216,745
Oct 2005018,80758.3413.80$259,457
Sep 2005017,26061.4512.08$208,484
Aug 2005017,96261.519.80$175,971
Jul 2005018,39155.697.84$144,252
Jun 2005017,58152.337.38$129,766
May 2005019,16945.226.65$127,496
Apr 2005018,35349.207.36$135,087
Mar 2005026,35450.377.15$188,560
Feb 2005024,74345.226.31$156,176
Jan 2005027,70843.166.32$175,176
Dec 2004023,87439.866.75$161,175
Nov 2004022,47945.286.33$142,302
Oct 2004025,16549.706.52$163,952
Sep 2004022,29243.245.28$117,789
Aug 2004029,56342.375.55$164,094
Jul 2004030,49638.286.08$185,543
Jun 2004039,06336.106.43$251,293
May 20041437,04137.486.49$241,090
Apr 20043735,85134.475.86$211,307
Mar 2004720,75834.365.53$115,035
Feb 2004317,96132.455.51$99,056
Jan 200431,81232.036.30$11,511
Dec 20033838,95430.266.30$246,624
Nov 20038317,53328.804.60$82,957
Oct 20036126,54828.174.76$128,077
Sep 2003041,76126.314.75$198,338
Aug 200312058,80529.765.13$305,224
Jul 2003921,75829.415.17$112,772
Jun 20032210,28528.565.98$62,163
May 2003047,71826.595.97$285,004
Apr 200315738,15926.675.41$210,524
Mar 2003093,78231.146.10$571,699
Feb 200317096,01333.487.93$766,679
Jan 2003528,63630.315.58$159,999
Dec 2002029,82826.914.85$144,778
Nov 2002063,45424.664.14$262,507
Oct 20021764,12026.464.23$271,621

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                  867 Mcf  × $  3.05 =     $2,641

────────────────────────────────────────────────────
Month total                                   $2,641

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/193549 is the state's own key, not one this site invented.