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 197371District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Apr 2003 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
278
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 Gas112003-11-12153550
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
CondensateDisposition3,555 bbl$256,329
GasProduction1,864,980 Mcf$11,036,676
Total$11,293,005

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 31.4860, -96.2665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48605, -96.26649 · 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
13,171 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 13,171 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161325801413,171 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 (278)

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

278 months

May 202602,785106.413.05$8,483
Apr 202602,13398.932.87$6,121
Mar 202601,46389.753.15$4,608
Feb 2026014263.503.75$533
Jan 202603,25659.138.00$26,041
Dec 202501,11456.664.41$4,916
Nov 2025162,56358.593.93$11,001
Oct 202502,15859.383.30$7,132
Sep 202501,76162.743.08$5,418
Aug 202502,04463.933.01$6,162
Jul 202501,18166.743.32$3,915
Jun 202501,53966.483.13$4,815
May 202502,72460.553.23$8,805
Apr 202502,80762.363.54$9,946
Mar 2025151,65367.704.27$8,071
Feb 2025091370.884.34$3,963
Jan 202501,46874.324.28$6,281
Dec 202402,42268.993.12$7,560
Nov 202402,07169.052.20$4,553
Oct 202402,31671.372.28$5,284
Sep 202401,55369.612.36$3,672
Aug 2024035675.632.06$735
Jul 202402,11879.932.15$4,546
Jun 202401,28678.082.63$3,387
May 20240078.812.20$0
Apr 2024075484.451.66$1,251
Mar 2024151,42280.301.55$3,402
Feb 202401,80676.091.78$3,221
Jan 202401,79173.023.30$5,906
Dec 202301,80371.262.61$4,707
Nov 202302,01677.892.81$5,660
Oct 202301,64285.443.09$5,069
Sep 20231670689.042.74$3,356
Aug 202302,23980.522.67$5,985
Jul 202302,13774.852.64$5,646
Jun 202302,34168.962.26$5,287
May 202302,49070.622.23$5,546
Apr 202302,36678.122.24$5,295
Mar 2023152,45372.852.39$6,963
Feb 202301,77175.112.47$4,367
Jan 2023033776.533.39$1,142
Dec 202202,29676.415.73$13,154
Nov 202202,51385.005.65$14,189
Oct 202202,81587.185.86$16,506
Sep 202203,08384.888.16$25,169
Aug 202262,88894.529.13$26,926
Jul 202201,170101.587.54$8,824
Jun 202261,003115.097.98$8,692
May 20226644109.378.43$6,087
Apr 202201,457104.226.84$9,962
Mar 20220727108.885.08$3,691
Feb 2022073491.054.86$3,566
Jan 2022079181.844.54$3,589
Dec 2021789871.323.90$4,001
Nov 2021054877.435.24$2,870
Oct 202101,58579.795.71$9,056
Sep 202101,15869.865.35$6,196
Aug 202101,01766.024.22$4,292
Jul 2021086470.783.98$3,441
Jun 2021085969.493.38$2,904
May 202101,03263.483.02$3,114
Apr 2021099660.362.76$2,747
Mar 202191,26461.302.72$3,986
Feb 202101,15657.805.55$6,413
Jan 202101,74350.412.81$4,898
Dec 202081,76044.642.68$5,066
Nov 202001,77938.772.71$4,815
Oct 202001,83636.972.48$4,550
Sep 202061,10937.091.99$2,431
Aug 2020077939.982.39$1,858
Jul 202001,09238.371.83$1,993
Jun 2020694234.901.69$1,802
May 202001,03516.921.81$1,878
Apr 2020089314.751.80$1,611
Mar 202002,03530.341.86$3,777
Feb 202001,29049.881.98$2,555
Jan 2020597457.252.09$2,327
Dec 201901,30759.012.30$3,012
Nov 201901,21555.302.75$3,342
Oct 2019057153.472.42$1,381
Sep 2019087755.052.66$2,330
Aug 201941,14853.112.30$2,858
Jul 201901,07656.272.46$2,647
Jun 201901,00252.782.49$2,496
May 2019489458.482.74$2,684
Apr 201901,16562.632.75$3,205
Mar 2019097056.803.06$2,970
Feb 2019087150.852.79$2,432
Jan 201901,43846.033.23$4,642
Dec 201801,19946.594.19$5,018
Nov 201821,02352.934.24$4,441
Oct 2018091961.443.40$3,123
Sep 2018093159.543.11$2,894
Aug 2018477659.403.07$2,617
Jul 201801,17865.142.93$3,454
Jun 201801,42860.183.08$4,394
May 2018181265.382.90$2,421
Apr 2018082263.842.90$2,384
Mar 2018095861.222.79$2,670
Feb 2018287561.782.77$2,544
Jan 2018069162.874.01$2,770
Dec 201701,05357.272.92$3,076
Nov 2017098855.423.12$3,081
Oct 201721,11349.292.98$3,419
Sep 2017098247.523.09$3,032
Aug 201701,01645.373.00$3,052
Jul 201701,06943.873.09$3,300
Jun 201721,05442.493.09$3,339
May 201721,26045.373.26$4,203
Apr 201701,34847.933.21$4,329
Mar 201711,07746.772.98$3,260
Feb 201701,10950.452.95$3,274
Jan 201711,11449.413.42$3,858
Dec 2016096948.763.72$3,607
Nov 201601,32442.492.64$3,501
Oct 201601,30746.193.09$4,039
Sep 201651,20941.553.10$3,956
Aug 2016095941.442.92$2,804
Jul 201602,45441.622.92$7,176
Jun 201621,80845.352.69$4,947
May 201601,86242.521.99$3,707
Apr 201611,21036.561.99$2,446
Mar 201601,02333.011.79$1,835
Feb 201621,01126.472.06$2,139
Jan 2016185527.352.36$2,049
Dec 201501,93132.362.00$3,865
Nov 201502,34138.792.17$5,074
Oct 201502,21143.552.43$5,365
Sep 201502,58542.992.76$7,131
Aug 201503,20440.162.87$9,203
Jul 201502,01448.152.95$5,931
Jun 201502,58156.152.88$7,441
May 201501,46155.212.96$4,318
Apr 2015086349.822.71$2,336
Mar 2015072742.892.93$2,134
Feb 2015074344.662.98$2,211
Jan 2015062743.433.10$1,944
Dec 2014057354.693.59$2,058
Nov 2014061670.464.25$2,619
Oct 2014194678.303.90$3,769
Sep 2014088186.164.05$3,564
Aug 2014089889.394.04$3,624
Jul 2014086796.564.18$3,624
Jun 201401,34498.164.74$6,366
May 201401,46794.734.73$6,934
Apr 201401,32395.944.81$6,362
Mar 2014095795.895.06$4,839
Feb 201401,23797.406.19$7,660
Jan 2014196890.404.86$4,796
Dec 201321,04191.824.35$4,717
Nov 201361,49088.853.74$6,103
Oct 201391,28297.423.78$5,722
Sep 201301,500104.113.72$5,577
Aug 2013201,741104.253.52$8,218
Jul 201301,737102.523.72$6,458
Jun 2013941,50694.403.93$14,797
May 201301,62594.834.15$6,742
Apr 2013331,47593.964.28$9,418
Mar 201301,81993.623.91$7,118
Feb 201301,71191.233.42$5,851
Jan 2013481,88391.603.42$10,836
Dec 2012623,07086.773.42$15,880
Nov 201201,42886.953.62$5,176
Oct 20122434,40589.383.40$36,695
Sep 20121676,75794.672.92$35,530
Aug 20121517,42292.662.91$35,576
Jul 20121407,81385.133.02$35,520
Jun 2012147,89579.822.52$21,005
May 20121146,82091.612.49$27,414
Apr 20121034,613101.652.00$19,681
Mar 2012766,309105.052.22$22,003
Feb 2012344,321101.102.57$14,543
Jan 2012473,68398.092.73$14,680
Dec 2011304,60896.873.24$17,835
Nov 201126,63695.723.31$22,165
Oct 201116,50184.983.65$23,804
Sep 201105,77783.623.99$23,026
Aug 201117,44183.404.15$30,958
Jul 201104,79594.144.52$21,660
Jun 201116,45792.904.64$30,053
May 201107,22598.134.40$31,825
Apr 2011107,167105.964.33$32,116
Mar 201107,15896.364.06$29,042
Feb 201135,70985.644.18$24,120
Jan 201156,75386.504.59$31,421
Dec 201058,19485.734.35$36,054
Nov 2010111,72280.843.80$44,570
Oct 2010110,63378.103.51$37,388
Sep 201038,70972.633.98$34,875
Aug 201043,74173.684.42$16,828
Jul 201033,11372.554.74$14,962
Jun 201002,71370.364.91$13,322
May 201022,13671.124.24$9,189
Apr 201012,17381.694.12$9,040
Mar 201021,74878.394.39$7,828
Feb 201031,66973.585.44$9,304
Jan 201012,45774.365.96$14,728
Dec 200902,26971.445.48$12,443
Nov 200912,41074.593.75$9,116
Oct 200902,60472.544.11$10,703
Sep 200901,66065.543.06$5,087
Aug 200911,54267.423.22$5,030
Jul 200901,51461.133.46$5,245
Jun 200941,93866.163.90$7,813
May 200922,42154.743.93$9,614
Apr 200945,84446.773.59$21,152
Mar 200956,82042.144.06$27,893
Feb 200945,63232.814.63$26,224
Jan 200986,74335.865.37$36,504
Dec 200808,06337.105.98$48,194
Nov 2008015,12455.496.86$103,756
Oct 2008012,07975.246.92$83,611
Sep 2008010,523101.767.88$82,891
Aug 2008010,352114.228.48$87,816
Jul 2008010,232131.0811.39$116,537
Jun 2008010,400131.3313.03$135,539
May 2008011,975123.1711.57$138,602
Apr 200808,232110.3110.45$86,064
Mar 200804,642101.909.66$44,861
Feb 200802,10192.538.77$18,427
Jan 200806,66290.388.21$54,667
Dec 200708,13588.337.30$59,402
Nov 200706,07391.677.29$44,282
Oct 200709,83682.856.92$68,085
Sep 2007011,90875.846.24$74,355
Aug 2007012,05069.066.39$76,975
Jul 2007012,73870.906.39$81,370
Jun 200724511,96362.007.55$105,492
May 200744215,28058.747.85$145,854
Apr 200725015,39159.617.81$135,032
Mar 200719415,79256.927.30$126,355
Feb 200714013,82455.108.22$121,292
Jan 20079912,04750.306.73$86,018
Dec 200614211,84556.656.92$89,993
Nov 200613214,81654.207.62$120,015
Oct 20065815,78554.906.01$98,112
Sep 20061116,73460.085.04$84,953
Aug 20061217,69068.717.34$130,668
Jul 20061218,92869.376.34$120,888
Jun 20061721,97166.286.38$141,387
May 20062822,41566.016.42$145,865
Apr 20061721,98564.397.36$162,915
Mar 2006021,25156.707.08$150,519
Feb 2006020,06557.597.75$155,526
Jan 2006021,74860.598.93$194,282
Dec 2005023,40454.9413.42$313,974
Nov 2005016,02154.6910.59$169,637
Oct 2005012,17458.3413.80$167,950
Sep 2005011,18661.4512.08$135,116
Aug 2005012,00961.519.80$117,650
Jul 2005012,78855.697.84$100,304
Jun 2005011,27952.337.38$83,251
May 2005015,93045.226.65$105,953
Apr 2005017,64549.207.36$129,876
Mar 2005017,23450.377.15$123,307
Feb 2005015,43345.226.31$97,412
Jan 2005020,30143.166.32$128,347
Dec 20041719,25339.866.75$130,656
Nov 20044225,18145.286.33$161,308
Oct 2004021,66149.706.52$141,124
Sep 2004017,20143.245.28$90,888
Aug 20044520,17042.375.55$113,863
Jul 2004726,83338.286.08$163,525
Jun 2004022,10236.106.43$142,183
May 2004024,65637.486.49$160,130
Apr 2004028,74434.475.86$168,396
Mar 2004039,53634.365.53$218,640
Feb 2004034,10632.455.51$187,911
Jan 2004019,60832.036.30$123,523
Dec 2003033,67930.266.30$212,233
Nov 2003056,07528.804.60$257,674
Oct 2003053,90928.174.76$256,587
Sep 2003069,92026.314.75$332,075
Aug 2003068,70429.765.13$352,432
Jul 2003069,45229.415.17$359,125
Jun 2003037,50428.565.98$224,385
May 2003041,78926.595.97$249,592
Apr 200301,51026.675.41$8,165

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                2,785 Mcf  × $  3.05 =     $8,483

────────────────────────────────────────────────────
Month total                                   $8,483

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/197371 is the state's own key, not one this site invented.