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 197373District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Jun 2003 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
276
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 Gas112003-11-12153551
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
CondensateDisposition1,063 bbl$64,285
GasProduction1,462,699 Mcf$8,276,633
Total$8,340,917

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 31.4813, -96.2660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48135, -96.26597 · 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
13,220 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 13,220 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161325791313,220 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 (276)

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

276 months

May 202601,927106.413.05$5,869
Apr 202602,67198.932.87$7,665
Mar 202602,31489.753.15$7,288
Feb 202601,80863.503.75$6,781
Jan 20260059.138.00$0
Dec 2025011856.664.41$521
Nov 20254058.593.93$234
Oct 202505859.383.30$192
Sep 202505462.743.08$166
Aug 2025029363.933.01$883
Jul 202502766.743.32$90
Jun 2025019566.483.13$610
May 2025080760.553.23$2,608
Apr 202502,17462.363.54$7,703
Mar 2025341667.704.27$1,979
Feb 202502,08070.884.34$9,029
Jan 2025048174.324.28$2,058
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202404371.372.28$98
Sep 2024021269.612.36$501
Aug 2024038875.632.06$801
Jul 2024069279.932.15$1,485
Jun 2024063378.082.63$1,667
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024538280.301.55$992
Feb 2024037176.091.78$662
Jan 2024039373.023.30$1,296
Dec 2023028371.262.61$739
Nov 2023034777.892.81$974
Oct 2023078785.443.09$2,430
Sep 2023457889.042.74$1,937
Aug 2023036180.522.67$965
Jul 2023011374.852.64$299
Jun 2023013568.962.26$305
May 2023071670.622.23$1,595
Apr 2023088778.122.24$1,985
Mar 202391,08272.852.39$3,245
Feb 2023028475.112.47$700
Jan 2023096076.533.39$3,252
Dec 202201,26476.415.73$7,242
Nov 2022068285.005.65$3,851
Oct 202201,31987.185.86$7,734
Sep 202201,31984.888.16$10,768
Aug 2022111,31594.529.13$13,042
Jul 202201,678101.587.54$12,656
Jun 2022112,153115.097.98$18,441
May 2022121,491109.378.43$13,886
Apr 202201,055104.226.84$7,214
Mar 202201,728108.885.08$8,772
Feb 202202,27691.054.86$11,059
Jan 202202,20481.844.54$10,001
Dec 2021121,83071.323.90$7,991
Nov 202101,63377.435.24$8,552
Oct 202102,29379.795.71$13,102
Sep 202101,05669.865.35$5,651
Aug 202102,54866.024.22$10,754
Jul 202101,56570.783.98$6,232
Jun 202101,54469.493.38$5,220
May 202103,02363.483.02$9,122
Apr 202101,51760.362.76$4,185
Mar 2021132,87461.302.72$8,605
Feb 202102,07457.805.55$11,506
Jan 202101,77350.412.81$4,983
Dec 2020121,93444.642.68$5,710
Nov 202001,99738.772.71$5,405
Oct 202001,92036.972.48$4,759
Sep 2020132,06037.091.99$4,584
Aug 202002,50539.982.39$5,975
Jul 202002,13038.371.83$3,888
Jun 2020103,06834.901.69$5,535
May 202002,76116.921.81$5,011
Apr 202001,19514.751.80$2,156
Mar 202001,99930.341.86$3,711
Feb 202002,67549.881.98$5,298
Jan 202082,64757.252.09$6,003
Dec 2019081259.012.30$1,871
Nov 201901,25855.302.75$3,460
Oct 201901,05653.472.42$2,554
Sep 201901,52655.052.66$4,055
Aug 201982,11153.112.30$5,289
Jul 201902,38556.272.46$5,867
Jun 201902,17752.782.49$5,423
May 201981,99058.482.74$5,921
Apr 201901,21562.632.75$3,342
Mar 201901,14056.803.06$3,491
Feb 201901,68650.852.79$4,708
Jan 201902,38746.033.23$7,706
Dec 201802,79346.594.19$11,690
Nov 2018488252.934.24$3,949
Oct 201803,16361.443.40$10,748
Sep 201801,40159.543.11$4,354
Aug 201883,04259.403.07$9,804
Jul 201802,39665.142.93$7,025
Jun 201803,12860.183.08$9,625
May 2018474165.382.90$2,411
Apr 2018085663.842.90$2,483
Mar 201801,00361.222.79$2,795
Feb 2018693261.782.77$2,949
Jan 201801,93462.874.01$7,754
Dec 201702,20357.272.92$6,436
Nov 201703,77555.423.12$11,772
Oct 201764,50949.292.98$13,749
Sep 201704,53147.523.09$13,988
Aug 201704,88945.373.00$14,689
Jul 201705,13143.873.09$15,841
Jun 201747,59042.493.09$23,602
May 201717,98745.373.26$26,110
Apr 201701,77747.933.21$5,707
Mar 201712,55646.772.98$7,673
Feb 2017080150.452.95$2,365
Jan 201711,29649.413.42$4,480
Dec 2016083548.763.72$3,109
Nov 2016080142.492.64$2,118
Oct 201601,35446.193.09$4,184
Sep 201681,50341.553.10$4,993
Aug 201601,50541.442.92$4,401
Jul 201601,00241.622.92$2,930
Jun 201641,69345.352.69$4,729
May 201602,84342.521.99$5,661
Apr 201634,52736.561.99$9,123
Mar 201604,41933.011.79$7,928
Feb 201623,56326.472.06$7,406
Jan 201612,34627.352.36$5,574
Dec 201503,01032.362.00$6,024
Nov 201501,58838.792.17$3,442
Oct 2015069043.552.43$1,674
Sep 2015094342.992.76$2,601
Aug 201502,35740.162.87$6,770
Jul 201501,94648.152.95$5,731
Jun 201503,01256.152.88$8,683
May 201503,00155.212.96$8,869
Apr 201501,80749.822.71$4,891
Mar 201502,28042.892.93$6,691
Feb 201501,84744.662.98$5,497
Jan 201503,04843.433.10$9,451
Dec 201402,69354.693.59$9,672
Nov 201402,16370.464.25$9,197
Oct 201402,07178.303.90$8,079
Sep 201402,16086.164.05$8,738
Aug 201401,69789.394.04$6,848
Jul 201401,22896.564.18$5,133
Jun 201402,21398.164.74$10,483
May 201402,02394.734.73$9,562
Apr 201401,56095.944.81$7,502
Mar 201402,34295.895.06$11,843
Feb 2014080697.406.19$4,991
Jan 2014021090.404.86$1,021
Dec 201311,07591.824.35$4,773
Nov 201311,53188.853.74$5,812
Oct 201311,20797.423.78$4,659
Sep 20130878104.113.72$3,264
Aug 20131785104.253.52$2,870
Jul 20130836102.523.72$3,108
Jun 2013462994.403.93$2,852
May 2013024194.834.15$1,000
Apr 201311,60293.964.28$6,955
Mar 2013082793.623.91$3,236
Feb 201302,00491.233.42$6,854
Jan 201322,56891.603.42$8,966
Dec 201212,71786.773.42$9,379
Nov 201201,87286.953.62$6,786
Oct 201213,98689.383.40$13,641
Sep 201203,47594.672.92$10,141
Aug 201202,29692.662.91$6,677
Jul 201202,76385.133.02$8,346
Jun 201201,80679.822.52$4,549
May 201201,71891.612.49$4,275
Apr 201202,447101.652.00$4,886
Mar 201201,452105.052.22$3,226
Feb 201203,517101.102.57$9,040
Jan 201202,76498.092.73$7,557
Dec 201101,61596.873.24$5,232
Nov 201104,24595.723.31$14,056
Oct 201105,61684.983.65$20,490
Sep 201105,13483.623.99$20,463
Aug 201112,12983.404.15$8,917
Jul 201102,77894.144.52$12,549
Jun 201121,75892.904.64$8,343
May 201102,68898.134.40$11,840
Apr 201182,132105.964.33$10,086
Mar 2011011,64096.364.06$47,227
Feb 2011310,99985.644.18$46,233
Jan 201147,61986.504.59$35,308
Dec 201039,34885.734.35$40,900
Nov 201017,65180.843.80$29,119
Oct 201016,90078.103.51$24,289
Sep 201034,66272.633.98$18,770
Aug 201043,67373.684.42$16,527
Jul 201051,77772.554.74$8,779
Jun 201002,03570.364.91$9,993
May 201032,77371.124.24$11,958
Apr 201033,45681.694.12$14,493
Mar 201033,26478.394.39$14,560
Feb 201064,11873.585.44$22,853
Jan 201035,15074.365.96$30,938
Dec 200903,20671.445.48$17,581
Nov 200924,24274.593.75$16,063
Oct 200904,37272.544.11$17,970
Sep 200907,37465.543.06$22,599
Aug 200917,84067.423.22$25,300
Jul 200901,98761.133.46$6,884
Jun 200925,77666.163.90$22,630
May 200914,90454.743.93$19,307
Apr 200932,97846.773.59$10,824
Mar 200943,39042.144.06$13,929
Feb 200925,75432.814.63$26,724
Jan 200944,23735.865.37$22,900
Dec 200804,57837.105.98$27,363
Nov 200804,54055.496.86$31,146
Oct 200801,97275.246.92$13,650
Sep 20080664101.767.88$5,230
Aug 200804,619114.228.48$39,183
Jul 200804,972131.0811.39$56,628
Jun 200801,832131.3313.03$23,876
May 200802,216123.1711.57$25,649
Apr 200802,163110.3110.45$22,614
Mar 200804,194101.909.66$40,531
Feb 200807,55192.538.77$66,227
Jan 200809,48590.388.21$77,831
Dec 200707,78488.337.30$56,839
Nov 200707,01491.677.29$51,144
Oct 200708,74982.856.92$60,560
Sep 200704,77675.846.24$29,822
Aug 200705,42869.066.39$34,674
Jul 200705,08670.906.39$32,489
Jun 200707,80062.007.55$58,878
May 200704,72358.747.85$37,058
Apr 2007197,67759.617.81$61,053
Mar 20073211,80456.927.30$88,014
Feb 2007178,77455.108.22$73,024
Jan 2007196,28250.306.73$43,214
Dec 20062711,13756.656.92$78,580
Nov 2006219,97754.207.62$77,138
Oct 20061211,01954.906.01$66,925
Sep 200668,17360.085.04$41,530
Aug 200679,09468.717.34$67,230
Jul 200678,74369.376.34$55,940
Jun 20063310,79066.286.38$71,069
May 20068014,76066.016.42$100,114
Apr 20069013,57464.397.36$105,706
Mar 20068513,24656.707.08$98,640
Feb 20065813,04057.597.75$104,415
Jan 20068815,55260.598.93$144,263
Dec 20057315,44454.9413.42$211,198
Nov 20053713,95154.6910.59$149,742
Oct 20052911,49358.3413.80$160,247
Sep 200509,59161.4512.08$115,850
Aug 2005010,18561.519.80$99,781
Jul 200509,58355.697.84$75,166
Jun 200509,90452.337.38$73,102
May 2005025,82245.226.65$171,746
Apr 2005218,75349.207.36$138,129
Mar 2005413,68650.377.15$98,123
Feb 2005112,87445.226.31$81,305
Jan 2005314,28043.166.32$90,411
Dec 2004116,46739.866.75$111,210
Nov 2004017,76445.286.33$112,454
Oct 2004020,67649.706.52$134,706
Sep 2004026,52443.245.28$140,150
Aug 2004026,97442.375.55$149,724
Jul 2004032,75138.286.08$199,263
Jun 2004026,03136.106.43$167,458
May 2004028,81537.486.49$187,141
Apr 2004025,08334.475.86$146,948
Mar 2004021,79334.365.53$120,518
Feb 2004010,16932.455.51$56,027
Jan 2004012,37032.036.30$77,927
Dec 2003035,93030.266.30$226,418
Nov 2003035,83728.804.60$164,677
Oct 2003043,01728.174.76$204,745
Sep 20033150,46226.314.75$240,478
Aug 2003070,25729.765.13$360,399
Jul 2003014,46129.415.17$74,776
Jun 2003037,42828.565.98$223,930

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                1,927 Mcf  × $  3.05 =     $5,869

────────────────────────────────────────────────────
Month total                                   $5,869

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/197373 is the state's own key, not one this site invented.