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 194950District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Feb 2003 – May 2026
Value, last 12 filed months
$114 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 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 Gas112003-07-09151657
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
CondensateDisposition3,200 bbl$184,239
GasProduction944,820 Mcf$5,039,146
Total$5,223,384

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 31.6653, -96.2113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66527, -96.21125 · 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
Feb 2003
1 of 1 wells

1 well

42-16132445512,200 ftFeb 2003

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 202601,701106.413.05$5,181
Apr 2026741,92398.932.87$12,839
Mar 202602,60089.753.15$8,189
Feb 202602,66963.503.75$10,010
Jan 202602,31959.138.00$18,547
Dec 202502,52456.664.41$11,139
Nov 202502,33358.593.93$9,160
Oct 202502,35959.383.30$7,796
Sep 202502,39962.743.08$7,382
Aug 202502,19263.933.01$6,608
Jul 2025592,23966.743.32$11,360
Jun 202501,86166.483.13$5,823
May 202502,23060.553.23$7,208
Apr 202501,98962.363.54$7,047
Mar 202502,55867.704.27$10,918
Feb 202502,37470.884.34$10,305
Jan 202502,79574.324.28$11,959
Dec 202402,32068.993.12$7,242
Nov 202402,55769.052.20$5,621
Oct 202402,52671.372.28$5,763
Sep 202402,06269.612.36$4,875
Aug 2024732,15675.632.06$9,970
Jul 202402,12879.932.15$4,568
Jun 202403,53378.082.63$9,306
May 20240078.812.20$0
Apr 202401,07784.451.66$1,787
Mar 202402,74080.301.55$4,234
Feb 202403,18576.091.78$5,681
Jan 202402,40773.023.30$7,937
Dec 2023542,20971.262.61$9,615
Nov 202302,25577.892.81$6,331
Oct 202302,02285.443.09$6,242
Sep 202301,71789.042.74$4,696
Aug 202301,84580.522.67$4,931
Jul 202301,99374.852.64$5,265
Jun 202302,21168.962.26$4,994
May 202301,94170.622.23$4,323
Apr 2023572,09478.122.24$9,139
Mar 202302,22072.852.39$5,313
Feb 202302,26275.112.47$5,577
Jan 202301,57976.533.39$5,349
Dec 202201,65676.415.73$9,487
Nov 202202,09485.005.65$11,823
Oct 202202,31587.185.86$13,575
Sep 202202,70784.888.16$22,099
Aug 202203,41094.529.13$31,124
Jul 202202,841101.587.54$21,427
Jun 202202,698115.097.98$21,522
May 202203,457109.378.43$29,153
Apr 202202,695104.226.84$18,427
Mar 2022202,763108.885.08$16,204
Feb 202202,99191.054.86$14,533
Jan 202203,64881.844.54$16,553
Dec 202103,21871.323.90$12,547
Nov 202101,72377.435.24$9,023
Oct 202101,95179.795.71$11,148
Sep 2021251,61269.865.35$10,372
Aug 202102,04066.024.22$8,610
Jul 202101,58770.783.98$6,320
Jun 2021081469.493.38$2,752
May 202101,31463.483.02$3,965
Apr 202101,39260.362.76$3,840
Mar 202101,75461.302.72$4,766
Feb 202101,00757.805.55$5,587
Jan 202191,59950.412.81$4,947
Dec 202001,69444.642.68$4,532
Nov 202001,57638.772.71$4,266
Oct 202001,58336.972.48$3,923
Sep 202001,15537.091.99$2,300
Aug 202001,72239.982.39$4,107
Jul 202002,15838.371.83$3,939
Jun 202032,49234.901.69$4,317
May 202002,83816.921.81$5,150
Apr 202002,84514.751.80$5,133
Mar 202002,57830.341.86$4,785
Feb 202002,40949.881.98$4,771
Jan 202002,66257.252.09$5,576
Dec 2019263,27959.012.30$9,090
Nov 201903,66055.302.75$10,068
Oct 201904,89053.472.42$11,827
Sep 201904,71955.052.66$12,540
Aug 201904,46053.112.30$10,277
Jul 20193060656.272.46$3,179
Jun 201901,01452.782.49$2,526
May 201901,64158.482.74$4,497
Apr 201902,17362.632.75$5,977
Mar 201902,87256.803.06$8,794
Feb 201902,64050.852.79$7,371
Jan 201902,39846.033.23$7,741
Dec 2018112,88546.594.19$12,587
Nov 2018063452.934.24$2,686
Oct 2018052461.443.40$1,781
Sep 2018046659.543.11$1,448
Aug 2018046459.403.07$1,423
Jul 2018046865.142.93$1,372
Jun 2018055060.183.08$1,692
May 2018095665.382.90$2,773
Apr 2018088963.842.90$2,579
Mar 20181257761.222.79$2,343
Feb 2018046661.782.77$1,289
Jan 201801,11262.874.01$4,458
Dec 2017060557.272.92$1,768
Nov 20171589955.423.12$3,635
Oct 2017088249.292.98$2,632
Sep 201701,18747.523.09$3,665
Aug 201701,13345.373.00$3,404
Jul 201701,21543.873.09$3,751
Jun 2017099442.493.09$3,069
May 2017098345.373.26$3,208
Apr 2017093747.933.21$3,009
Mar 20171885846.772.98$3,402
Feb 2017072150.452.95$2,129
Jan 2017099549.413.42$3,402
Dec 2016185048.763.72$3,213
Nov 20161884842.492.64$3,007
Oct 2016071346.193.09$2,203
Sep 2016076641.553.10$2,375
Aug 2016069441.442.92$2,029
Jul 2016078341.622.92$2,290
Jun 2016055145.352.69$1,480
May 2016082142.521.99$1,635
Apr 20161382636.561.99$2,120
Mar 2016034033.011.79$610
Feb 2016026026.472.06$537
Jan 2016056627.352.36$1,338
Dec 20152088832.362.00$2,424
Nov 201501,12838.792.17$2,445
Oct 201501,20343.552.43$2,919
Sep 201511,56842.992.76$4,368
Aug 201511,24740.162.87$3,622
Jul 201504648.152.95$135
Jun 2015169556.152.88$1,172
May 2015177855.212.96$2,355
Apr 2015175549.822.71$2,093
Mar 201511,26742.892.93$3,761
Feb 201511,19044.662.98$3,586
Jan 2015241,25143.433.10$4,921
Dec 201401,48954.693.59$5,348
Nov 201401,19170.464.25$5,064
Oct 2014221,49378.303.90$7,547
Sep 201401,52186.164.05$6,153
Aug 201421,37289.394.04$5,715
Jul 201421,64896.564.18$7,081
Jun 2014332,14198.164.74$13,381
May 201422,40094.734.73$11,533
Apr 201402,27895.944.81$10,955
Mar 2014321,83795.895.06$12,358
Feb 201431,98997.406.19$12,608
Jan 201401,88890.404.86$9,177
Dec 201322,09091.824.35$9,285
Nov 2013251,54088.853.74$7,978
Oct 201311,66097.423.78$6,371
Sep 201322,488104.113.72$9,458
Aug 201303,102104.253.52$10,927
Jul 201302,391102.523.72$8,889
Jun 201332,00894.403.93$8,181
May 2013201,64794.834.15$8,730
Apr 201311,70393.964.28$7,387
Mar 201312,17593.623.91$8,604
Feb 2013201,90791.233.42$8,346
Jan 201321,95291.603.42$6,859
Dec 201212,29186.773.42$7,922
Nov 2012332,60186.953.62$12,298
Oct 201252,47589.383.40$8,861
Sep 201222,40494.672.92$7,205
Aug 201223,03092.662.91$8,997
Jul 201243,70185.133.02$11,521
Jun 2012474,02679.822.52$13,893
May 201213,51691.612.49$8,841
Apr 201263,863101.652.00$8,324
Mar 2012413,122105.052.22$11,244
Feb 201222,001101.102.57$5,345
Jan 201233,30798.092.73$9,336
Dec 2011462,42596.873.24$12,312
Nov 201132,81995.723.31$9,622
Oct 201132,47184.983.65$9,270
Sep 201182,83883.623.99$11,981
Aug 2011472,85983.404.15$15,783
Jul 201193,18294.144.52$15,221
Jun 201141,96692.904.64$9,494
May 201112,96698.134.40$13,163
Apr 2011432,532105.964.33$15,528
Mar 201122,58196.364.06$10,665
Feb 201122,45785.644.18$10,441
Jan 2011452,38986.504.59$14,855
Dec 201021,78185.734.35$7,915
Nov 201012,14280.843.80$8,210
Oct 201011,67878.103.51$5,966
Sep 201022,10472.633.98$8,518
Aug 201012,61373.684.42$11,621
Jul 2010372,95972.554.74$16,700
Jun 201011,08670.364.91$5,403
May 201011,82471.124.24$7,796
Apr 201002,47281.694.12$10,191
Mar 2010392,07978.394.39$12,181
Feb 201002,17173.585.44$11,815
Jan 201002,56574.365.96$15,298
Dec 200901,71771.445.48$9,416
Nov 2009412,19274.593.75$11,281
Oct 200933,13072.544.11$13,083
Sep 200913,08065.543.06$9,505
Aug 200912,73767.423.22$8,876
Jul 200902,84361.133.46$9,850
Jun 200992,23266.163.90$9,289
May 200902,93254.743.93$11,510
Apr 200912,23946.773.59$8,079
Mar 200903,69542.144.06$14,998
Feb 200902,32232.814.63$10,758
Jan 200901,68335.865.37$9,039
Dec 200802,25637.105.98$13,484
Nov 200802,70355.496.86$18,544
Oct 200804,37475.246.92$30,277
Sep 200864,350101.767.88$34,876
Aug 200803,023114.228.48$25,644
Jul 2008354,093131.0811.39$51,205
Jun 200803,506131.3313.03$45,692
May 200874,968123.1711.57$58,363
Apr 2008563,626110.3110.45$44,087
Mar 200803,062101.909.66$29,591
Feb 200845,18892.538.77$45,872
Jan 2008914,66790.388.21$46,521
Dec 200705,11088.337.30$37,313
Nov 2007645,73891.677.29$47,707
Oct 200766,31282.856.92$44,189
Sep 200706,06675.846.24$37,877
Aug 200734,70069.066.39$30,231
Jul 2007167,37970.906.39$48,271
Jun 2007103,85362.007.55$29,704
May 200704,74758.747.85$37,246
Apr 200704,68059.617.81$36,528
Mar 200704,45256.927.30$32,508
Feb 200703,78455.108.22$31,089
Jan 200704,89450.306.73$32,921
Dec 200603,92256.656.92$27,134
Nov 200603,23254.207.62$24,620
Oct 200604,79054.906.01$28,806
Sep 200603,89560.085.04$19,620
Aug 200605,12168.717.34$37,588
Jul 200604,92169.376.34$31,213
Jun 200602,67266.286.38$17,058
May 200603,49666.016.42$22,462
Apr 200604,83064.397.36$35,551
Mar 200604,26056.707.08$30,173
Feb 200603,54457.597.75$27,470
Jan 200603,00960.598.93$26,880
Dec 200502,89954.9413.42$38,891
Nov 200503,12154.6910.59$33,046
Oct 200506,21958.3413.80$85,796
Sep 200505,23861.4512.08$63,270
Aug 200506,40961.519.80$62,788
Jul 200507,22155.697.84$56,639
Jun 2005155,11552.337.38$38,539
May 200504,76445.226.65$31,686
Apr 2005505,27849.207.36$41,309
Mar 2005474,28250.377.15$33,005
Feb 2005564,41445.226.31$30,393
Jan 2005605,23443.166.32$35,680
Dec 2004394,60939.866.75$32,670
Nov 2004135,41145.286.33$34,843
Oct 2004126,82649.706.52$45,068
Sep 2004267,00343.245.28$38,127
Aug 20043618,56242.375.55$104,557
Jul 2004118,26638.286.08$50,713
Jun 2004787,94536.106.43$53,926
May 2004309,42237.486.49$62,316
Apr 2004536,29634.475.86$38,712
Mar 20049110,87434.365.53$63,262
Feb 20049510,88732.455.51$63,066
Jan 20048811,60632.036.30$75,932
Dec 20035912,16830.266.30$78,464
Nov 200312912,73228.804.60$62,221
Oct 200310015,14428.174.76$74,897
Sep 20034516,87626.314.75$81,334
Aug 20038615,85429.765.13$83,886
Jul 200316915,83229.415.17$86,835
Jun 20033421,66628.565.98$130,598
May 20031825,31426.595.97$151,671
Apr 200312730,76126.675.41$169,720
Mar 20034633,26431.146.10$204,211
Feb 2003317,78933.487.93$62,773

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                1,701 Mcf  × $  3.05 =     $5,181

────────────────────────────────────────────────────
Month total                                   $5,181

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/194950 is the state's own key, not one this site invented.