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 194591District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 M
Feb 2003 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
280
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 Gas112003-06-26151306
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
CondensateDisposition1,366 bbl$49,922
GasProduction2,801,351 Mcf$16,356,357
Total$16,406,278

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 31.4887, -96.2562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48871, -96.25616 · 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
13,090 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 13,090 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161324771313,090 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 (280)

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

280 months

May 20260941106.413.05$2,866
Apr 202601,17498.932.87$3,369
Mar 2026061089.753.15$1,921
Feb 2026017163.503.75$641
Jan 2026032259.138.00$2,575
Dec 2025026556.664.41$1,170
Nov 202502,40358.593.93$9,435
Oct 202504,10759.383.30$13,573
Sep 202505,03462.743.08$15,489
Aug 202505,56463.933.01$16,774
Jul 202503,69766.743.32$12,256
Jun 202502,99766.483.13$9,377
May 202505,76760.553.23$18,641
Apr 202505,25162.363.54$18,605
Mar 2025245,29467.704.27$24,221
Feb 202502,97270.884.34$12,901
Jan 202502,63974.324.28$11,291
Dec 202403,36168.993.12$10,491
Nov 202404,49969.052.20$9,891
Oct 202405,47471.372.28$12,488
Sep 202405,95269.612.36$14,073
Aug 202404,01675.632.06$8,288
Jul 202404,54679.932.15$9,758
Jun 202404,69178.082.63$12,356
May 2024020678.812.20$453
Apr 202403,73484.451.66$6,195
Mar 202406,13680.301.55$9,481
Feb 202403,03176.091.78$5,406
Jan 202403,63573.023.30$11,987
Dec 202304,72871.262.61$12,343
Nov 202304,55277.892.81$12,780
Oct 202301,31085.443.09$4,044
Sep 202303,49289.042.74$9,551
Aug 202305,80280.522.67$15,508
Jul 202306,94574.852.64$18,347
Jun 202307,06868.962.26$15,963
May 202306,04570.622.23$13,465
Apr 202312,32078.122.24$5,270
Mar 2023058472.852.39$1,398
Feb 2023032375.112.47$796
Jan 2023015576.533.39$525
Dec 2022019176.415.73$1,094
Nov 2022033785.005.65$1,903
Oct 2022060587.185.86$3,548
Sep 2022050384.888.16$4,106
Aug 2022055794.529.13$5,084
Jul 20220694101.587.54$5,234
Jun 20220792115.097.98$6,318
May 20223962109.378.43$8,441
Apr 20220698104.226.84$4,773
Mar 20220689108.885.08$3,498
Feb 2022069991.054.86$3,396
Jan 2022063381.844.54$2,872
Dec 202101,00771.323.90$3,926
Nov 2021084077.435.24$4,399
Oct 202101,02279.795.71$5,840
Sep 2021189469.865.35$4,854
Aug 202101,25966.024.22$5,314
Jul 2021061670.783.98$2,453
Jun 2021085469.493.38$2,887
May 2021095363.483.02$2,876
Apr 202101,22860.362.76$3,387
Mar 202101,39461.302.72$3,787
Feb 202101,39357.805.55$7,728
Jan 202101,29150.412.81$3,628
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 202007834.901.69$132
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201914456.272.46$165
Jun 2019010552.782.49$262
May 201901158.482.74$30
Apr 201901962.632.75$52
Mar 201903156.803.06$95
Feb 201901150.852.79$31
Jan 201901246.033.23$39
Dec 201801246.594.19$50
Nov 20180052.934.24$0
Oct 201804361.443.40$146
Sep 20180059.543.11$0
Aug 20182059.403.07$119
Jul 201804765.142.93$138
Jun 201803060.183.08$92
May 201815465.382.90$222
Apr 201807963.842.90$229
Mar 201804461.222.79$123
Feb 201824161.782.77$237
Jan 201804262.874.01$168
Dec 201701,16657.272.92$3,406
Nov 2017096155.423.12$2,997
Oct 201721,00149.292.98$3,085
Sep 2017069147.523.09$2,133
Aug 201701,30545.373.00$3,921
Jul 201701,24943.873.09$3,856
Jun 201731,62142.493.09$5,132
May 201721,84145.373.26$6,099
Apr 201701,68447.933.21$5,408
Mar 201731,32046.772.98$4,079
Feb 201701,25650.452.95$3,708
Jan 201751,07649.413.42$3,926
Dec 201602,31948.763.72$8,633
Nov 201605,13442.492.64$13,576
Oct 201604,49246.193.09$13,881
Sep 2016204,47041.553.10$14,691
Aug 201604,88341.442.92$14,280
Jul 201603,46041.622.92$10,118
Jun 201654,21245.352.69$11,539
May 201605,46242.521.99$10,875
Apr 201653,55536.561.99$7,261
Mar 201604,18533.011.79$7,508
Feb 201634,22326.472.06$8,794
Jan 201614,49427.352.36$10,653
Dec 201543,69532.362.00$7,525
Nov 201503,82338.792.17$8,286
Oct 201504,38343.552.43$10,636
Sep 201503,25242.992.76$8,970
Aug 201502,44440.162.87$7,020
Jul 201504,00148.152.95$11,783
Jun 201504,17756.152.88$12,042
May 201504,99355.212.96$14,757
Apr 201504,58549.822.71$12,410
Mar 201504,95442.892.93$14,539
Feb 201504,74044.662.98$14,107
Jan 201504,83543.433.10$14,992
Dec 201404,75254.693.59$17,066
Nov 201404,65170.464.25$19,775
Oct 201415,05578.303.90$19,798
Sep 201405,41386.164.05$21,898
Aug 201405,49789.394.04$22,181
Jul 201404,79096.564.18$20,020
Jun 201405,59998.164.74$26,522
May 201405,97094.734.73$28,218
Apr 201405,78095.944.81$27,797
Mar 201406,28595.895.06$31,782
Feb 201405,50697.406.19$34,093
Jan 201416,21090.404.86$30,275
Dec 201325,16491.824.35$22,670
Nov 201386,58088.853.74$25,309
Oct 201387,02197.423.78$27,314
Sep 201307,941104.113.72$29,523
Aug 201389,743104.253.52$35,155
Jul 201308,562102.523.72$31,831
Jun 2013188,26894.403.93$34,221
May 201308,76194.834.15$36,350
Apr 201347,24693.964.28$31,407
Mar 201307,52093.623.91$29,425
Feb 201307,69591.233.42$26,316
Jan 201327,56791.603.42$26,062
Dec 201217,09186.773.42$24,339
Nov 201205,12686.953.62$18,582
Oct 201211,60289.383.40$5,536
Sep 201201,20694.672.92$3,520
Aug 201201,35792.662.91$3,946
Jul 201201,04585.133.02$3,157
Jun 2012087879.822.52$2,212
May 201201,08691.612.49$2,702
Apr 20120961101.652.00$1,919
Mar 20120933105.052.22$2,073
Feb 20120809101.102.57$2,079
Jan 2012081898.092.73$2,236
Dec 201101,10196.873.24$3,567
Nov 201101,92095.723.31$6,358
Oct 201101,91384.983.65$6,980
Sep 201111,86183.623.99$7,501
Aug 201111,71683.404.15$7,204
Jul 201111,53794.144.52$7,037
Jun 201121,53992.904.64$7,327
May 201101,16798.134.40$5,140
Apr 201158,102105.964.33$35,638
Mar 2011011,61596.364.06$47,126
Feb 2011711,17585.644.18$47,311
Jan 2011412,04186.504.59$55,600
Dec 2010310,07185.734.35$44,043
Nov 201015,28380.843.80$20,132
Oct 201027,21778.103.51$25,480
Sep 201046,86572.633.98$27,610
Aug 201094,88873.684.42$22,265
Jul 201085,64172.554.74$27,299
Jun 201005,09570.364.91$25,018
May 201047,37171.124.24$31,502
Apr 201036,45281.694.12$26,845
Mar 201026,58878.394.39$29,069
Feb 201023,22073.585.44$17,672
Jan 201012,68674.365.96$16,094
Dec 200901,13071.445.48$6,197
Nov 200901,34174.593.75$5,031
Oct 2009065272.544.11$2,680
Sep 200901,68165.543.06$5,152
Aug 200901,33667.423.22$4,300
Jul 2009087861.133.46$3,042
Jun 2009196066.163.90$3,805
May 200911,26254.743.93$5,009
Apr 2009190546.773.59$3,293
Mar 200921,04042.144.06$4,306
Feb 2009293432.814.63$4,393
Jan 200952,47535.865.37$13,473
Dec 200805,20737.105.98$31,123
Nov 2008011,05855.496.86$75,862
Oct 200808,12575.246.92$56,241
Sep 2008010,794101.767.88$85,025
Aug 2008011,765114.228.48$99,803
Jul 2008011,346131.0811.39$129,224
Jun 2008011,282131.3313.03$147,034
May 2008012,697123.1711.57$146,959
Apr 2008012,597110.3110.45$131,700
Mar 2008013,696101.909.66$132,359
Feb 2008013,04392.538.77$114,395
Jan 2008013,84090.388.21$113,567
Dec 2007014,08488.337.30$102,841
Nov 2007013,67091.677.29$99,678
Oct 2007016,53182.856.92$114,427
Sep 2007013,32575.846.24$83,203
Aug 2007011,10769.066.39$70,951
Jul 2007012,23370.906.39$78,144
Jun 2007014,29762.007.55$107,920
May 2007018,43458.747.85$144,638
Apr 2007018,76459.617.81$146,457
Mar 2007017,25056.927.30$125,959
Feb 2007017,07655.108.22$140,296
Jan 2007022,53350.306.73$151,576
Dec 2006020,60956.656.92$142,582
Nov 2006017,50754.207.62$133,359
Oct 2006120,32054.906.01$122,255
Sep 2006119,39060.085.04$97,731
Aug 2006112,68568.717.34$93,176
Jul 2006119,01769.376.34$120,690
Jun 2006118,24766.286.38$116,553
May 2006119,89766.016.42$127,904
Apr 2006017,90664.397.36$131,797
Mar 2006018,86556.707.08$133,619
Feb 2006017,88657.597.75$138,637
Jan 2006022,05460.598.93$197,015
Dec 2005021,73254.9413.42$291,543
Nov 2005022,09054.6910.59$233,898
Oct 2005020,27758.3413.80$279,737
Sep 2005018,61461.4512.08$224,839
Aug 2005019,45161.519.80$190,558
Jul 2005027,97255.697.84$219,402
Jun 2005024,34752.337.38$179,706
May 2005021,37545.226.65$142,169
Apr 2005018,57649.207.36$136,728
Mar 2005018,59750.377.15$133,059
Feb 2005014,44945.226.31$91,201
Jan 2005013,27043.166.32$83,896
Dec 200409,73439.866.75$65,715
Nov 200404,72345.286.33$29,899
Oct 2004035,73449.706.52$232,811
Sep 2004028,31343.245.28$149,603
Aug 2004045,17042.375.55$250,723
Jul 2004040,28238.286.08$245,083
Jun 2004054,31936.106.43$349,435
May 20041762,31637.486.49$405,353
Apr 20048346,93034.475.86$277,799
Mar 20044461,90234.365.53$343,839
Feb 20045969,73532.455.51$386,128
Jan 20045354,98532.036.30$348,083
Dec 20033027,12930.266.30$171,865
Nov 200310223,26928.804.60$109,862
Oct 2003241130,55928.174.76$628,203
Sep 20030113,31926.314.75$538,193
Aug 2003287169,98529.765.13$880,517
Jul 2003137179,65329.415.17$932,986
Jun 200362185,63228.565.98$1,112,400
May 2003012,09426.595.97$72,234
Apr 20033135,14726.675.41$190,876
Mar 200309,79131.146.10$59,686
Feb 2003010,02833.487.93$79,481

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                  941 Mcf  × $  3.05 =     $2,866

────────────────────────────────────────────────────
Month total                                   $2,866

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/194591 is the state's own key, not one this site invented.