HUFFMAN "B"

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 196349District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Jan 2003 – May 2026
Value, last 12 filed months
$0
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 Gas112003-09-18151887
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
CondensateDisposition1,954 bbl$153,614
GasProduction1,254,488 Mcf$7,508,350
Total$7,661,963

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 31.4828, -96.2626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48281, -96.26258 · 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
13,196 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 13,196 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161324841013,196 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20201044.642.68$45
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20201037.091.99$37
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202007630.341.86$141
Feb 20200749.881.98$14
Jan 2020392257.252.09$2,103
Dec 201907759.012.30$177
Nov 201915055.302.75$193
Oct 201908353.472.42$201
Sep 201908555.052.66$226
Aug 201966453.112.30$466
Jul 2019093856.272.46$2,308
Jun 201902,67552.782.49$6,664
May 201932,23658.482.74$6,303
Apr 201902,54962.632.75$7,012
Mar 201902,31456.803.06$7,086
Feb 201906550.852.79$181
Jan 2019015146.033.23$487
Dec 2018099046.594.19$4,144
Nov 201811,65652.934.24$7,070
Oct 201801,29661.443.40$4,404
Sep 2018012359.543.11$382
Aug 201836559.403.07$378
Jul 2018026265.142.93$768
Jun 2018037560.183.08$1,154
May 201811,99265.382.90$5,844
Apr 201802,78463.842.90$8,076
Mar 201801,65461.222.79$4,609
Feb 201802,92461.782.77$8,088
Jan 2018034862.874.01$1,395
Dec 2017013157.272.92$383
Nov 2017067955.423.12$2,117
Oct 201712,07649.292.98$6,243
Sep 201707447.523.09$228
Aug 2017089745.373.00$2,695
Jul 2017055943.873.09$1,726
Jun 2017015342.493.09$472
May 2017117545.373.26$616
Apr 2017099547.933.21$3,196
Mar 201729946.772.98$389
Feb 2017023450.452.95$691
Jan 2017266349.413.42$2,365
Dec 201601,86748.763.72$6,951
Nov 201601,64742.492.64$4,355
Oct 201601,35146.193.09$4,175
Sep 2016112,17841.553.10$7,210
Aug 201602,27641.442.92$6,656
Jul 201603,16141.622.92$9,244
Jun 201623,64645.352.69$9,883
May 201602,28142.521.99$4,542
Apr 201622,21336.561.99$4,479
Mar 201602,41333.011.79$4,329
Feb 201621,25526.472.06$2,643
Jan 2016153227.352.36$1,285
Dec 201501,39732.362.00$2,796
Nov 201502,24738.792.17$4,870
Oct 201503,61543.552.43$8,772
Sep 201501,63042.992.76$4,496
Aug 201503,34140.162.87$9,597
Jul 201503,21848.152.95$9,477
Jun 201503,00656.152.88$8,666
May 201503,20655.212.96$9,475
Apr 2015090349.822.71$2,444
Mar 2015050742.892.93$1,488
Feb 201501,56144.662.98$4,646
Jan 201501,38843.433.10$4,304
Dec 201403,33354.693.59$11,970
Nov 201401,61570.464.25$6,867
Oct 201412,35478.303.90$9,261
Sep 201401,54486.164.05$6,246
Aug 201402,70789.394.04$10,923
Jul 201403,03096.564.18$12,664
Jun 201402,51898.164.74$11,927
May 201402,36094.734.73$11,155
Apr 201403,24495.944.81$15,601
Mar 201401,68995.895.06$8,541
Feb 201402,88597.406.19$17,864
Jan 201403,44490.404.86$16,740
Dec 201311,57891.824.35$6,963
Nov 201331,88788.853.74$7,321
Oct 201332,98597.423.78$11,574
Sep 201303,416104.113.72$12,700
Aug 201334,699104.253.52$16,865
Jul 201304,521102.523.72$16,808
Jun 2013799594.403.93$4,575
May 201302,49794.834.15$10,360
Apr 201324,40893.964.28$19,066
Mar 201304,75193.623.91$18,590
Feb 201303,02091.233.42$10,328
Jan 201321,59891.603.42$5,648
Dec 201213,57786.773.42$12,321
Nov 201205,16686.953.62$18,727
Oct 201213,06089.383.40$10,492
Sep 201202,88994.672.92$8,431
Aug 201204,87392.662.91$14,171
Jul 201204,05685.133.02$12,252
Jun 201202,00979.822.52$5,061
May 201202,32891.612.49$5,793
Apr 201203,878101.652.00$7,744
Mar 201204,539105.052.22$10,086
Feb 201202,876101.102.57$7,392
Jan 201201,87598.092.73$5,126
Dec 201101,91196.873.24$6,191
Nov 201101,47095.723.31$4,868
Oct 2011084884.983.65$3,094
Sep 201101,17683.623.99$4,687
Aug 201102,42883.404.15$10,075
Jul 201103,50794.144.52$15,842
Jun 201103,91392.904.64$18,156
May 201104,35398.134.40$19,174
Apr 201121,581105.964.33$7,063
Mar 2011075796.364.06$3,071
Feb 2011154885.644.18$2,376
Jan 2011199686.504.59$4,657
Dec 201011,34085.734.35$5,912
Nov 201012,53280.843.80$9,691
Oct 201013,42678.103.51$12,100
Sep 201033,14672.633.98$12,737
Aug 201062,90173.684.42$13,263
Jul 201072,69572.554.74$13,273
Jun 201003,62270.364.91$17,785
May 201044,76671.124.24$20,470
Apr 201035,01881.694.12$20,933
Mar 201035,90878.394.39$26,163
Feb 201053,17273.585.44$17,631
Jan 201025,16774.365.96$30,965
Dec 200902,10871.445.48$11,560
Nov 200922,55774.593.75$9,742
Oct 200904,79172.544.11$19,692
Sep 200905,81265.543.06$17,812
Aug 200915,56967.423.22$17,991
Jul 200908,62161.133.46$29,867
Jun 200943,23266.163.90$12,853
May 200924,18154.743.93$16,523
Apr 200944,13846.773.59$15,032
Mar 200983,87842.144.06$16,078
Feb 200984,15832.814.63$19,526
Jan 2009744,83435.865.37$28,617
Dec 20081084,48637.105.98$30,820
Nov 2008914,77655.496.86$37,815
Oct 20081785,31575.246.92$50,183
Sep 2008905,541101.767.88$52,805
Aug 20082644,436114.228.48$67,785
Jul 2008884,928131.0811.39$67,662
Jun 2008844,977131.3313.03$75,895
May 20081975,600123.1711.57$89,081
Apr 2008286,497110.3110.45$71,014
Mar 200807,606101.909.66$73,505
Feb 200805,44992.538.77$47,791
Jan 200805,93590.388.21$48,701
Dec 200705,99388.337.30$43,761
Nov 200702,68791.677.29$19,593
Oct 200705,95482.856.92$41,213
Sep 200708,30575.846.24$51,858
Aug 200708,81069.066.39$56,278
Jul 200709,85870.906.39$62,972
Jun 2007010,34162.007.55$78,059
May 200707,99658.747.85$62,739
Apr 2007410,06659.617.81$78,806
Mar 2007912,37656.927.30$90,881
Feb 2007611,89855.108.22$98,085
Jan 2007510,89450.306.73$73,534
Dec 200669,48556.656.92$65,961
Nov 2006511,84254.207.62$90,477
Oct 2006512,39554.906.01$74,816
Sep 200648,98560.085.04$45,500
Aug 200669,86068.717.34$72,784
Jul 200659,62969.376.34$61,421
Jun 2006710,75066.286.38$69,091
May 20061211,10166.016.42$72,116
Apr 20064810,90764.397.36$83,371
Mar 2006769,74856.707.08$73,354
Feb 2006508,86457.597.75$71,585
Jan 20066910,47560.598.93$97,757
Dec 2005488,00754.9413.42$110,054
Nov 20052511,26254.6910.59$120,614
Oct 2005206,15958.3413.80$86,135
Sep 2005010,45361.4512.08$126,262
Aug 2005011,45361.519.80$112,203
Jul 2005012,33155.697.84$96,720
Jun 200509,91152.337.38$73,153
May 2005014,66445.226.65$97,533
Apr 2005012,59949.207.36$92,735
Mar 2005011,01450.377.15$78,804
Feb 2005011,26045.226.31$71,072
Jan 2005013,77343.166.32$87,076
Dec 2004414,67139.866.75$99,205
Nov 2004616,73745.286.33$106,224
Oct 2004016,53249.706.52$107,708
Sep 2004010,43843.245.28$55,153
Aug 2004710,40342.375.55$58,040
Jul 2004410,33238.286.08$63,015
Jun 200469,95236.106.43$64,238
May 200409,66137.486.49$62,744
Apr 20041814,41234.475.86$85,053
Mar 2004818,86134.365.53$104,579
Feb 20041520,36732.455.51$112,701
Jan 2004721,58332.036.30$136,189
Dec 20032327,96930.266.30$176,947
Nov 2003032,01028.804.60$147,091
Oct 20034226,57428.174.76$127,666
Sep 20034122,87026.314.75$109,697
Aug 20032322,67929.765.13$117,021
Jul 2003035,70429.415.17$184,620
Jun 2003033,08128.565.98$197,922
May 2003035,41026.595.97$211,493
Apr 200302,35226.675.41$12,718
Mar 2003012,83531.146.10$78,243
Feb 2003042,93033.487.93$340,258
Jan 2003044,87530.315.58$250,494

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.

Dec 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 44.64 =        $45
Gas                    0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                      $45

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/196349 is the state's own key, not one this site invented.