BOYD -B-

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the TEAGUE (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 194947District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jan 2003 – May 2026
Value, last 12 filed months
$41 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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112003-09-18151547
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
CondensateDisposition4,674 bbl$211,210
GasProduction923,387 Mcf$5,030,585
Total$5,241,795

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 31.6629, -96.2155. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66287, -96.21553 · 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
12,200 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 12,200 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-16132093312,200 ftAug 2005

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 20260725106.413.05$2,208
Apr 20262566798.932.87$4,387
Mar 2026081689.753.15$2,570
Feb 2026064363.503.75$2,411
Jan 2026092359.138.00$7,382
Dec 2025061156.664.41$2,697
Nov 2025069858.593.93$2,741
Oct 2025087159.383.30$2,879
Sep 2025099962.743.08$3,074
Aug 202501,04963.933.01$3,162
Jul 20251782866.743.32$3,880
Jun 202501,10766.483.13$3,463
May 2025078060.553.23$2,521
Apr 2025079362.363.54$2,810
Mar 2025075867.704.27$3,235
Feb 2025042570.884.34$1,845
Jan 2025055174.324.28$2,358
Dec 2024050068.993.12$1,561
Nov 2024043369.052.20$952
Oct 2024036971.372.28$842
Sep 2024051169.612.36$1,208
Aug 20242249375.632.06$2,681
Jul 2024068379.932.15$1,466
Jun 202401,23378.082.63$3,248
May 20240078.812.20$0
Apr 2024032084.451.66$531
Mar 2024069880.301.55$1,079
Feb 2024056976.091.78$1,015
Jan 2024076973.023.30$2,536
Dec 20231768671.262.61$3,002
Nov 2023058977.892.81$1,654
Oct 2023070985.443.09$2,189
Sep 2023056789.042.74$1,551
Aug 2023078180.522.67$2,088
Jul 2023052874.852.64$1,395
Jun 2023084068.962.26$1,897
May 2023015970.622.23$354
Apr 20233640778.122.24$3,723
Mar 2023044572.852.39$1,065
Feb 2023054975.112.47$1,354
Jan 2023082276.533.39$2,785
Dec 202201,06476.415.73$6,096
Nov 202201,03485.005.65$5,838
Oct 202201,37687.185.86$8,069
Sep 2022045784.888.16$3,731
Aug 202202,69494.529.13$24,589
Jul 202202,489101.587.54$18,772
Jun 202202,991115.097.98$23,860
May 202202,969109.378.43$25,038
Apr 202201,891104.226.84$12,930
Mar 2022213,055108.885.08$17,795
Feb 202202,14391.054.86$10,412
Jan 202202,49181.844.54$11,303
Dec 202102,60371.323.90$10,149
Nov 202102,57577.435.24$13,485
Oct 202102,16779.795.71$12,382
Sep 2021382,20469.865.35$14,448
Aug 202102,49966.024.22$10,547
Jul 202101,35270.783.98$5,384
Jun 202101,91969.493.38$6,487
May 202102,50563.483.02$7,559
Apr 202102,03160.362.76$5,602
Mar 202102,58261.302.72$7,015
Feb 202101,88257.805.55$10,441
Jan 2021162,69850.412.81$8,389
Dec 202002,87644.642.68$7,695
Nov 202003,24038.772.71$8,769
Oct 202002,51636.972.48$6,236
Sep 202002,58137.091.99$5,139
Aug 202002,25239.982.39$5,371
Jul 202002,29338.371.83$4,185
Jun 202032,83634.901.69$4,898
May 202002,60316.921.81$4,724
Apr 202002,64614.751.80$4,774
Mar 202002,84030.341.86$5,272
Feb 202002,69049.881.98$5,328
Jan 202002,93657.252.09$6,150
Dec 2019273,17959.012.30$8,919
Nov 201903,16255.302.75$8,698
Oct 201903,35953.472.42$8,124
Sep 201903,01355.052.66$8,006
Aug 201902,96153.112.30$6,823
Jul 2019333,44856.272.46$10,339
Jun 201902,60052.782.49$6,477
May 201903,37958.482.74$9,260
Apr 201902,74662.632.75$7,553
Mar 201902,60956.803.06$7,989
Feb 201903,09850.852.79$8,650
Jan 201903,71646.033.23$11,996
Dec 2018322,08546.594.19$10,218
Nov 201803,45352.934.24$14,631
Oct 201802,03561.443.40$6,915
Sep 201801,97059.543.11$6,123
Aug 2018092159.403.07$2,824
Jul 201801,80165.142.93$5,280
Jun 201802,50660.183.08$7,711
May 201802,06265.382.90$5,981
Apr 201801,14363.842.90$3,316
Mar 2018512,74261.222.79$10,764
Feb 201803,64361.782.77$10,077
Jan 201801,22562.874.01$4,911
Dec 201703,33457.272.92$9,740
Nov 2017502,59755.423.12$10,869
Oct 201702,74849.292.98$8,199
Sep 201703,41147.523.09$10,531
Aug 201703,24245.373.00$9,740
Jul 201703,95843.873.09$12,219
Jun 201704,50842.493.09$13,917
May 201703,67845.373.26$12,003
Apr 201702,23647.933.21$7,181
Mar 2017295,40546.772.98$17,483
Feb 2017070250.452.95$2,073
Jan 2017067749.413.42$2,315
Dec 2016185448.763.72$3,228
Nov 20162058142.492.64$2,386
Oct 2016084546.193.09$2,611
Sep 2016085541.553.10$2,651
Aug 2016078641.442.92$2,299
Jul 2016062341.622.92$1,822
Jun 2016098045.352.69$2,632
May 2016094642.521.99$1,884
Apr 20161856936.561.99$1,791
Mar 2016058633.011.79$1,051
Feb 2016085526.472.06$1,764
Jan 2016081827.352.36$1,934
Dec 2015201,17632.362.00$3,001
Nov 2015078638.792.17$1,704
Oct 2015088643.552.43$2,150
Sep 2015065542.992.76$1,807
Aug 2015098840.162.87$2,838
Jul 201511,03048.152.95$3,082
Jun 2015161,09056.152.88$4,041
May 2015181955.212.96$2,476
Apr 201511,16649.822.71$3,206
Mar 2015184642.892.93$2,526
Feb 2015053044.662.98$1,577
Jan 20151673343.433.10$2,968
Dec 201401,00654.693.59$3,613
Nov 2014078570.464.25$3,338
Oct 20141584878.303.90$4,483
Sep 2014092186.164.05$3,726
Aug 201431,54389.394.04$6,494
Jul 201411,07996.564.18$4,606
Jun 2014191,45298.164.74$8,743
May 201411,16394.734.73$5,592
Apr 201401,36995.944.81$6,584
Mar 2014191,20995.895.06$7,936
Feb 2014197997.406.19$6,159
Jan 201401,04390.404.86$5,070
Dec 201311,38591.824.35$6,123
Nov 20132055788.853.74$3,859
Oct 201301,33897.423.78$5,057
Sep 201311,332104.113.72$5,056
Aug 201301,564104.253.52$5,509
Jul 201301,646102.523.72$6,119
Jun 201331,79094.403.93$7,324
May 2013141,31794.834.15$6,792
Apr 2013198493.964.28$4,308
Mar 201311,86693.623.91$7,395
Feb 2013121,24691.233.42$5,356
Jan 201321,44991.603.42$5,139
Dec 201211,86686.773.42$6,469
Nov 2012141,50486.953.62$6,669
Oct 201231,43489.383.40$5,143
Sep 201211,06094.672.92$3,188
Aug 201211,36092.662.91$4,048
Jul 201211,33085.133.02$4,103
Jun 2012171,51679.822.52$5,176
May 201211,46491.612.49$3,735
Apr 201221,281101.652.00$2,761
Mar 201228906105.052.22$4,955
Feb 201222,048101.102.57$5,466
Jan 2012193998.092.73$2,665
Dec 2011251,38096.873.24$6,893
Nov 201121,71095.723.31$5,854
Oct 201121,44484.983.65$5,438
Sep 201131,23083.623.99$5,153
Aug 2011282,05683.404.15$10,866
Jul 201141,34894.144.52$6,466
Jun 2011196192.904.64$4,552
May 201111,38198.134.40$6,181
Apr 2011271,110105.964.33$7,671
Mar 201111,87296.364.06$7,692
Feb 201111,66585.644.18$7,045
Jan 2011261,10186.504.59$7,301
Dec 201011,27485.734.35$5,625
Nov 201011,37080.843.80$5,280
Oct 201011,77078.103.51$6,289
Sep 201011,18172.633.98$4,772
Aug 201011,43873.684.42$6,429
Jul 2010271,13072.554.74$7,311
Jun 2010192270.364.91$4,598
May 2010086171.124.24$3,647
Apr 201001,25181.694.12$5,157
Mar 2010351,43278.394.39$9,028
Feb 201001,69673.585.44$9,230
Jan 201002,12174.365.96$12,650
Dec 200902,09671.445.48$11,494
Nov 2009241,21874.593.75$6,359
Oct 200911,67072.544.11$6,937
Sep 200911,49765.543.06$4,653
Aug 200902,01667.423.22$6,489
Jul 200901,72761.133.46$5,983
Jun 200951,53166.163.90$6,294
May 200901,50054.743.93$5,889
Apr 200901,20646.773.59$4,327
Mar 200901,51342.144.06$6,141
Feb 2009089532.814.63$4,147
Jan 200901,74635.865.37$9,378
Dec 200801,16937.105.98$6,987
Nov 200801,29555.496.86$8,884
Oct 200801,93175.246.92$13,366
Sep 200821,488101.767.88$11,925
Aug 200801,569114.228.48$13,310
Jul 2008111,444131.0811.39$17,888
Jun 200801,816131.3313.03$23,667
May 200821,255123.1711.57$14,772
Apr 2008262,326110.3110.45$27,186
Mar 200802,148101.909.66$20,758
Feb 200822,51892.538.77$22,269
Jan 2008731,59990.388.21$19,719
Dec 200781,30388.337.30$10,221
Nov 20071121,60491.677.29$21,963
Oct 200722,89582.856.92$20,205
Sep 200702,54175.846.24$15,866
Aug 200712,60369.066.39$16,697
Jul 200743,04170.906.39$19,709
Jun 200731,38562.007.55$10,641
May 2007115,30458.747.85$42,263
Apr 20071711,87059.617.81$24,789
Mar 200751,94056.927.30$14,450
Feb 200791,88855.108.22$16,008
Jan 20071457,31750.306.73$56,514
Dec 200601,58656.656.92$10,973
Nov 2006344,19254.207.62$33,775
Oct 200606,11854.906.01$36,792
Sep 200604,94960.085.04$24,929
Aug 2006106,85568.717.34$51,002
Jul 200603,61569.376.34$22,929
Jun 2006354,22266.286.38$29,273
May 200613,97666.016.42$25,612
Apr 2006365,86664.397.36$45,495
Mar 200604,51356.707.08$31,965
Feb 2006403,42657.597.75$28,859
Jan 2006316,20360.598.93$57,292
Dec 200504,59454.9413.42$61,630
Nov 200523,94554.6910.59$41,881
Oct 200505,94958.3413.80$82,071
Sep 200505,07061.4512.08$61,241
Aug 200505,85961.519.80$57,400
Jul 200505,01555.697.84$39,336
Jun 200506,01552.337.38$44,397
May 200506,67245.226.65$44,377
Apr 200507,93849.207.36$58,427
Mar 200508,55150.377.15$61,181
Feb 200506,90445.226.31$43,578
Jan 200507,21143.166.32$45,589
Dec 200439,97139.866.75$67,435
Nov 200485,09345.286.33$32,603
Oct 200458,63449.706.52$56,500
Sep 200464,80143.245.28$25,627
Aug 2004118,35942.375.55$46,864
Jul 200446,63038.286.08$40,491
Jun 20041126,15336.106.43$43,626
May 2004639,04637.486.49$61,111
Apr 2004778,86234.475.86$54,572
Mar 200415215,28334.365.53$89,740
Feb 200414113,50332.455.51$78,972
Jan 200416214,45532.036.30$96,250
Dec 20038116,51730.266.30$106,535
Nov 200314917,74728.804.60$85,842
Oct 200313216,60328.174.76$82,743
Sep 200310521,56526.314.75$105,183
Aug 200312422,01229.765.13$116,606
Jul 200318423,77229.415.17$128,333
Jun 20039025,21728.565.98$153,443
May 200339519,11826.595.97$124,689
Apr 200339325,85626.675.41$150,292
Mar 200313332,88931.146.10$204,634
Feb 200333038,35433.487.93$315,038
Jan 200312040,31730.315.58$228,688

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                  725 Mcf  × $  3.05 =     $2,208

────────────────────────────────────────────────────
Month total                                   $2,208

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/194947 is the state's own key, not one this site invented.