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 193808District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Jan 2003 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
281
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 Gas112003-05-16150712
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
CondensateDisposition1,290 bbl$64,753
GasProduction1,848,706 Mcf$10,905,300
Total$10,970,054

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 31.4938, -96.2424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49385, -96.24237 · 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
13,163 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 13,163 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161324461513,163 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 (281)

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

281 months

May 20260226106.413.05$688
Apr 2026093198.932.87$2,672
Mar 2026038989.753.15$1,225
Feb 2026050463.503.75$1,890
Jan 2026065859.138.00$5,263
Dec 2025077556.664.41$3,420
Nov 2025080458.593.93$3,157
Oct 202501,04459.383.30$3,450
Sep 2025078562.743.08$2,415
Aug 2025086863.933.01$2,617
Jul 202501,09266.743.32$3,620
Jun 2025040866.483.13$1,277
May 2025086160.553.23$2,783
Apr 2025060462.363.54$2,140
Mar 2025919367.704.27$1,433
Feb 202503570.884.34$152
Jan 202501,06274.324.28$4,544
Dec 2024017568.993.12$546
Nov 2024010769.052.20$235
Oct 2024024171.372.28$550
Sep 2024015969.612.36$376
Aug 202402775.632.06$56
Jul 2024026079.932.15$558
Jun 2024012678.082.63$332
May 20240078.812.20$0
Apr 2024037984.451.66$629
Mar 2024014880.301.55$229
Feb 202402,13376.091.78$3,805
Jan 202402,38773.023.30$7,872
Dec 202302,56571.262.61$6,697
Nov 202302,15777.892.81$6,056
Oct 202301,96685.443.09$6,070
Sep 202301,53589.042.74$4,198
Aug 202301,94580.522.67$5,199
Jul 202302,53374.852.64$6,692
Jun 202302,39268.962.26$5,402
May 202302,40770.622.23$5,361
Apr 2023122,23478.122.24$5,937
Mar 202302,24372.852.39$5,368
Feb 202302,37675.112.47$5,858
Jan 202301,67676.533.39$5,678
Dec 202202,07476.415.73$11,882
Nov 202202,42685.005.65$13,698
Oct 202202,82887.185.86$16,583
Sep 202202,36484.888.16$19,299
Aug 202202,27694.529.13$20,773
Jul 202202,122101.587.54$16,004
Jun 202203,092115.097.98$24,666
May 2022112,382109.378.43$21,291
Apr 202203,236104.226.84$22,126
Mar 202203,186108.885.08$16,173
Feb 202202,79291.054.86$13,566
Jan 202202,87781.844.54$13,055
Dec 202103,06071.323.90$11,931
Nov 202101,90977.435.24$9,997
Oct 202101,62079.795.71$9,256
Sep 202181,76169.865.35$9,982
Aug 202102,86466.024.22$12,088
Jul 202101,28770.783.98$5,125
Jun 202102,59769.493.38$8,779
May 202101,83463.483.02$5,534
Apr 202102,31660.362.76$6,389
Mar 202101,90061.302.72$5,162
Feb 202101,44157.805.55$7,995
Jan 202102,85550.412.81$8,023
Dec 202002,82844.642.68$7,566
Nov 202001,05238.772.71$2,847
Oct 202002,03636.972.48$5,046
Sep 202001,48437.091.99$2,955
Aug 202001,55539.982.39$3,709
Jul 202001,35538.371.83$2,473
Jun 202091,07134.901.69$2,124
May 2020077316.921.81$1,403
Apr 202002,23514.751.80$4,033
Mar 202002,29730.341.86$4,264
Feb 202001,43449.881.98$2,840
Jan 2020036957.252.09$773
Dec 201903,43759.012.30$7,920
Nov 201902,47655.302.75$6,811
Oct 201902,15753.472.42$5,217
Sep 201902,52855.052.66$6,718
Aug 201902,63853.112.30$6,079
Jul 201982,76556.272.46$7,252
Jun 201982,87752.782.49$7,589
May 201903,23858.482.74$8,873
Apr 201902,77062.632.75$7,619
Mar 201903,14456.803.06$9,627
Feb 201902,75150.852.79$7,681
Jan 201901,81046.033.23$5,843
Dec 2018058446.594.19$2,444
Nov 2018559152.934.24$2,769
Oct 2018032461.443.40$1,101
Sep 2018024559.543.11$761
Aug 20181645259.403.07$2,336
Jul 2018099565.142.93$2,917
Jun 201803,00760.183.08$9,252
May 2018121,67065.382.90$5,629
Apr 201801,50863.842.90$4,374
Mar 201801,61461.222.79$4,498
Feb 2018112,07761.782.77$6,425
Jan 201802,06762.874.01$8,287
Dec 201701,76757.272.92$5,162
Nov 201701,86155.423.12$5,803
Oct 2017102,12049.292.98$6,818
Sep 201702,07747.523.09$6,412
Aug 201702,52945.373.00$7,598
Jul 201703,12743.873.09$9,654
Jun 2017263,71342.493.09$12,568
May 2017314,01445.373.26$14,506
Apr 201703,80947.933.21$12,233
Mar 2017382,38846.772.98$8,902
Feb 201703,04150.452.95$8,979
Jan 2017101,80049.413.42$6,648
Dec 201601,65348.763.72$6,154
Nov 201601,65142.492.64$4,366
Oct 201601,79746.193.09$5,553
Sep 2016101,84741.553.10$6,142
Aug 201602,56541.442.92$7,501
Jul 201602,49741.622.92$7,302
Jun 2016112,26245.352.69$6,574
May 201602,52042.521.99$5,017
Apr 2016142,39736.561.99$5,284
Mar 201601,61733.011.79$2,901
Feb 2016331,01326.472.06$2,964
Jan 2016711,02827.352.36$4,372
Dec 201501,29332.362.00$2,588
Nov 20151341,38238.792.17$8,193
Oct 201553,72143.552.43$9,247
Sep 20151383,78042.992.76$16,359
Aug 201513,97240.162.87$11,450
Jul 201513,40748.152.95$10,082
Jun 20152283,34156.152.88$22,434
May 2015913,76255.212.96$16,143
Apr 2015583,50449.822.71$12,373
Mar 201503,80542.892.93$11,167
Feb 2015883,39844.662.98$14,043
Jan 201504,10243.433.10$12,719
Dec 201403,96054.693.59$14,222
Nov 201402,81670.464.25$11,973
Oct 201414,07478.303.90$15,971
Sep 201403,62486.164.05$14,661
Aug 201403,94789.394.04$15,927
Jul 201403,15296.564.18$13,174
Jun 201402,46698.164.74$11,681
May 201401,46194.734.73$6,906
Apr 2014088795.944.81$4,266
Mar 201401,11595.895.06$5,638
Feb 201402,09297.406.19$12,954
Jan 201401,38990.404.86$6,752
Dec 201311,95491.824.35$8,600
Nov 201332,43788.853.74$9,377
Oct 201341,82897.423.78$7,298
Sep 201302,869104.113.72$10,666
Aug 201344,405104.253.52$15,934
Jul 201303,584102.523.72$13,324
Jun 2013104,67794.403.93$19,341
May 201305,12794.834.15$21,272
Apr 201324,47993.964.28$19,370
Mar 201304,55193.623.91$17,807
Feb 201303,50591.233.42$11,987
Jan 201322,43691.603.42$8,514
Dec 201221,99486.773.42$6,993
Nov 201202,91286.953.62$10,556
Oct 201215,42489.383.40$18,529
Sep 201204,45294.672.92$12,993
Aug 201204,21392.662.91$12,252
Jul 201204,18285.133.02$12,633
Jun 201204,32379.822.52$10,890
May 201204,73591.612.49$11,782
Apr 201205,318101.652.00$10,619
Mar 201206,958105.052.22$15,461
Feb 201205,379101.102.57$13,825
Jan 201205,65498.092.73$15,458
Dec 201105,52496.873.24$17,896
Nov 201104,93795.723.31$16,348
Oct 201102,64784.983.65$9,658
Sep 201104,64883.623.99$18,526
Aug 201114,02583.404.15$16,784
Jul 201107,10794.144.52$32,104
Jun 201116,18892.904.64$28,804
May 201105,39398.134.40$23,755
Apr 201135,926105.964.33$25,997
Mar 201106,61696.364.06$26,843
Feb 201165,19985.644.18$22,246
Jan 201136,74086.504.59$31,188
Dec 201026,12985.734.35$26,819
Nov 201015,71980.843.80$21,786
Oct 201015,42578.103.51$19,114
Sep 201022,46572.633.98$9,955
Aug 201042,78973.684.42$12,620
Jul 201052,10172.554.74$10,314
Jun 201003,44970.364.91$16,936
May 201023,11171.124.24$13,318
Apr 201022,50581.694.12$10,491
Mar 201022,37178.394.39$10,562
Feb 201052,10573.585.44$11,824
Jan 201023,09574.365.96$18,608
Dec 200902,97971.445.48$16,336
Nov 200914,19874.593.75$15,823
Oct 200902,88672.544.11$11,862
Sep 200902,63765.543.06$8,082
Aug 200913,47767.423.22$11,258
Jul 200903,69061.133.46$12,784
Jun 200933,88466.163.90$15,327
May 200925,18554.743.93$20,464
Apr 200933,66746.773.59$13,296
Mar 200956,46842.144.06$26,464
Feb 200926,49632.814.63$30,162
Jan 200974,23935.865.37$23,019
Dec 200806,96937.105.98$41,655
Nov 200805,34555.496.86$36,669
Oct 2008010,74475.246.92$74,370
Sep 200808,595101.767.88$67,704
Aug 200808,035114.228.48$68,161
Jul 200805,903131.0811.39$67,232
Jun 200806,806131.3313.03$88,700
May 200809,676123.1711.57$111,993
Apr 200805,198110.3110.45$54,344
Mar 200806,300101.909.66$60,884
Feb 200808,24392.538.77$72,296
Jan 200809,73990.388.21$79,916
Dec 200709,59488.337.30$70,055
Nov 200709,52791.677.29$69,468
Oct 200709,03282.856.92$62,519
Sep 200707,08775.846.24$44,252
Aug 200708,14169.066.39$52,004
Jul 200707,83870.906.39$50,069
Jun 200709,22162.007.55$69,604
May 2007011,19758.747.85$87,855
Apr 200779,33659.617.81$73,287
Mar 20071412,13256.927.30$89,384
Feb 20071510,72155.108.22$88,910
Jan 20071215,95250.306.73$107,910
Dec 20061414,55056.656.92$101,456
Nov 2006912,32754.207.62$94,388
Oct 2006413,03454.906.01$78,603
Sep 200609,62860.085.04$48,498
Aug 2006012,01968.717.34$88,219
Jul 2006011,43069.376.34$72,498
Jun 2006010,79866.286.38$68,933
May 2006012,53466.016.42$80,531
Apr 2006017,85264.397.36$131,399
Mar 2006018,43056.707.08$130,538
Feb 2006017,19857.597.75$133,304
Jan 2006017,27960.598.93$154,359
Dec 2005015,13754.9413.42$203,069
Nov 2005014,15554.6910.59$149,879
Oct 2005015,02758.3413.80$207,309
Sep 2005013,79661.4512.08$166,642
Aug 2005016,05361.519.80$157,269
Jul 2005016,95855.697.84$133,012
Jun 2005015,78552.337.38$116,510
May 2005017,15145.226.65$114,074
Apr 2005021,39249.207.36$157,455
Mar 2005027,50650.377.15$196,802
Feb 2005018,79145.226.31$118,607
Jan 2005022,63443.166.32$143,097
Dec 2004122,50139.866.75$151,946
Nov 2004722,07645.286.33$140,067
Oct 2004027,68449.706.52$180,364
Sep 2004128,63443.245.28$151,342
Aug 2004129,44142.375.55$163,459
Jul 2004017,26138.286.08$105,019
Jun 2004117,92936.106.43$115,374
May 2004110,60037.486.49$68,880
Apr 2004016,28034.475.86$95,376
Mar 2004026,29034.365.53$145,387
Feb 2004019,64732.455.51$108,248
Jan 2004017,88332.036.30$112,656
Dec 2003019,90030.266.30$125,403
Nov 2003018,53528.804.60$85,171
Oct 2003027,72328.174.76$131,952
Sep 2003025,18826.314.75$119,627
Aug 2003036,69229.765.13$188,220
Jul 2003042,20329.415.17$218,225
Jun 2003058,47328.565.98$349,842
May 2003014,34526.595.97$85,678
Apr 2003038,15926.675.41$206,336
Mar 2003063,22331.146.10$385,410
Feb 2003064,73333.487.93$513,066
Jan 2003044,82930.315.58$250,237

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                  226 Mcf  × $  3.05 =       $688

────────────────────────────────────────────────────
Month total                                     $688

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/193808 is the state's own key, not one this site invented.