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 197961District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Jul 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
275
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 Gas112003-12-16153945
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
CondensateDisposition814 bbl$46,353
GasProduction1,472,202 Mcf$8,734,315
Total$8,780,668

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 31.4791, -96.2638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47909, -96.26378 · 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
13,326 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 13,326 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-161325781213,326 ftJan 2004

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 (275)

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

275 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 202301171.262.61$29
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 202301276.533.39$41
Dec 202201476.415.73$80
Nov 202201185.005.65$62
Oct 20220587.185.86$29
Sep 202201984.888.16$155
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 20202034.901.69$70
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020026649.881.98$527
Jan 2020430957.252.09$876
Dec 2019045759.012.30$1,053
Nov 2019074755.302.75$2,055
Oct 2019059953.472.42$1,449
Sep 2019043555.052.66$1,156
Aug 2019454553.112.30$1,468
Jul 201901,02356.272.46$2,517
Jun 201901,03952.782.49$2,588
May 2019498858.482.74$2,941
Apr 201901,04162.632.75$2,863
Mar 201901,16356.803.06$3,561
Feb 201901,01450.852.79$2,831
Jan 201901,06346.033.23$3,432
Dec 201801,31246.594.19$5,491
Nov 201821,44552.934.24$6,229
Oct 2018088761.443.40$3,014
Sep 2018095859.543.11$2,977
Aug 201831,00959.403.07$3,272
Jul 201801,03265.142.93$3,026
Jun 2018095960.183.08$2,951
May 2018190665.382.90$2,694
Apr 2018080563.842.90$2,335
Mar 2018094461.222.79$2,631
Feb 2018232561.782.77$1,023
Jan 2018062262.874.01$2,494
Dec 201701,04557.272.92$3,053
Nov 201701,10155.423.12$3,433
Oct 201721,02049.292.98$3,142
Sep 2017081247.523.09$2,507
Aug 201701,49745.373.00$4,498
Jul 201701,64043.873.09$5,063
Jun 201721,96442.493.09$6,148
May 201721,75045.373.26$5,802
Apr 201701,97347.933.21$6,336
Mar 201721,40346.772.98$4,280
Feb 201702,03250.452.95$6,000
Jan 201731,83249.413.42$6,411
Dec 201602,22048.763.72$8,265
Nov 201601,21642.492.64$3,216
Oct 201601,83446.193.09$5,668
Sep 2016183,07541.553.10$10,282
Aug 201603,84941.442.92$11,256
Jul 201604,44241.622.92$12,990
Jun 201653,65645.352.69$10,046
May 201604,18142.521.99$8,325
Apr 201643,13336.561.99$6,384
Mar 201603,33333.011.79$5,979
Feb 201633,17126.472.06$6,623
Jan 201613,57527.352.36$8,480
Dec 201514,10032.362.00$8,238
Nov 201503,12538.792.17$6,773
Oct 201501,87643.552.43$4,552
Sep 201504,63842.992.76$12,794
Aug 201503,09240.162.87$8,882
Jul 201504,43548.152.95$13,061
Jun 201504,81256.152.88$13,872
May 201505,24655.212.96$15,504
Apr 201504,04949.822.71$10,959
Mar 201501,98842.892.93$5,834
Feb 201504,05344.662.98$12,063
Jan 201502,03143.433.10$6,297
Dec 201404,10154.693.59$14,728
Nov 201404,37070.464.25$18,581
Oct 201415,52578.303.90$21,631
Sep 201402,06886.164.05$8,366
Aug 201401,98089.394.04$7,990
Jul 201404,60396.564.18$19,239
Jun 201401,56598.164.74$7,413
May 201401,66494.734.73$7,865
Apr 201413,71495.944.81$17,957
Mar 201404,11095.895.06$20,783
Feb 201405,18997.406.19$32,130
Jan 201412,16490.404.86$10,609
Dec 201322,94691.824.35$13,012
Nov 201343,06988.853.74$11,828
Oct 201323,56897.423.78$13,680
Sep 201305,980104.113.72$22,232
Aug 201353,618104.253.52$13,266
Jul 201304,996102.523.72$18,574
Jun 2013106,84094.403.93$27,849
May 201304,10694.834.15$17,036
Apr 201323,79593.964.28$16,440
Mar 201307,20893.623.91$28,204
Feb 201303,73991.233.42$12,787
Jan 201321,83591.603.42$6,459
Dec 201222,18786.773.42$7,653
Nov 201205,57386.953.62$20,202
Oct 201214,54089.383.40$15,524
Sep 201201,71494.672.92$5,002
Aug 201202,66392.662.91$7,744
Jul 201202,72785.133.02$8,238
Jun 201203,72179.822.52$9,373
May 201203,99591.612.49$9,941
Apr 201203,159101.652.00$6,308
Mar 201203,556105.052.22$7,902
Feb 201203,249101.102.57$8,351
Jan 201201,81398.092.73$4,957
Dec 201101,22596.873.24$3,969
Nov 201101,23195.723.31$4,076
Oct 201101,00984.983.65$3,681
Sep 2011073383.623.99$2,922
Aug 201101,83283.404.15$7,602
Jul 201104,05194.144.52$18,299
Jun 201112,11292.904.64$9,892
May 201103,96598.134.40$17,465
Apr 201174,158105.964.33$18,760
Mar 201103,18996.364.06$12,939
Feb 201122,75385.644.18$11,679
Jan 201134,10586.504.59$19,096
Dec 201034,54585.734.35$20,018
Nov 201016,78580.843.80$25,832
Oct 201034,31878.103.51$15,386
Sep 201044,05672.633.98$16,431
Aug 201085,26173.684.42$23,840
Jul 201085,21272.554.74$25,267
Jun 201005,02970.364.91$24,694
May 201045,35071.124.24$22,943
Apr 201045,44481.694.12$22,771
Mar 201046,18178.394.39$27,440
Feb 201047,02273.585.44$38,511
Jan 201022,58074.365.96$15,536
Dec 200903,42771.445.48$18,793
Nov 200912,49174.593.75$9,420
Oct 200903,52872.544.11$14,501
Sep 200901,76665.543.06$5,412
Aug 200911,86167.423.22$6,057
Jul 200902,61361.133.46$9,053
Jun 200945,95866.163.90$23,471
May 200937,62054.743.93$30,078
Apr 200957,64846.773.59$27,671
Mar 200978,66642.144.06$35,470
Feb 200946,31332.814.63$29,379
Jan 200978,08635.865.37$43,681
Dec 200807,68037.105.98$45,904
Nov 200808,00155.496.86$54,890
Oct 200809,59075.246.92$66,382
Sep 2008013,480101.767.88$106,183
Aug 2008014,671114.228.48$124,454
Jul 2008014,502131.0811.39$165,170
Jun 200805,805131.3313.03$75,654
May 20080458123.1711.57$5,301
Apr 200805,305110.3110.45$55,463
Mar 20085147101.909.66$1,930
Feb 2008195,08192.538.77$46,321
Jan 20081210,31590.388.21$85,727
Dec 200794,79088.337.30$35,771
Nov 2007209,09491.677.29$68,144
Oct 2007227,91882.856.92$56,631
Sep 2007278,67675.846.24$56,222
Aug 2007207,66269.066.39$50,326
Jul 2007419,16970.906.39$61,478
Jun 2007139,81862.007.55$74,917
May 2007119,91058.747.85$78,403
Apr 2007410,80159.617.81$84,542
Mar 2007011,95556.927.30$87,295
Feb 2007010,50955.108.22$86,342
Jan 200708,60350.306.73$57,871
Dec 200603,94156.656.92$27,266
Nov 2006111,88454.207.62$90,580
Oct 2006311,73854.906.01$70,755
Sep 200639,20860.085.04$46,563
Aug 2006313,64268.717.34$100,337
Jul 2006313,91469.376.34$88,461
Jun 2006315,26166.286.38$97,623
May 2006614,75066.016.42$95,165
Apr 20061714,61164.397.36$108,639
Mar 20063013,97656.707.08$100,692
Feb 20062015,64957.597.75$122,449
Jan 20062817,02960.598.93$153,822
Dec 20052014,25254.9413.42$192,295
Nov 20051416,23654.6910.59$172,679
Oct 20051214,96858.3413.80$207,195
Sep 2005016,56761.4512.08$200,113
Aug 2005013,43561.519.80$131,621
Jul 2005014,93755.697.84$117,160
Jun 2005011,97152.337.38$88,358
May 2005011,75245.226.65$78,164
Apr 2005013,16449.207.36$96,893
Mar 2005015,35750.377.15$109,877
Feb 2005012,79145.226.31$80,736
Jan 2005018,76843.166.32$118,655
Dec 2004016,01939.866.75$108,146
Nov 2004010,63945.286.33$67,349
Oct 2004018,57349.706.52$121,005
Sep 2004024,29943.245.28$128,393
Aug 2004025,90742.375.55$143,801
Jul 20042726,16538.286.08$160,226
Jun 20044933,26536.106.43$215,763
May 2004021,41437.486.49$139,075
Apr 20046612,17034.475.86$73,572
Mar 20041729,73334.365.53$165,012
Feb 2004840,93832.455.51$225,812
Jan 20041030,51432.036.30$192,548
Dec 20033119,50630.266.30$123,858
Nov 20031641,76528.804.60$192,378
Oct 20031679,44328.174.76$378,571
Sep 20031242,54926.314.75$202,396
Aug 2003629,76229.765.13$152,849
Jul 2003030,86329.415.17$159,588

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.26 =         $0
Gas                   11 Mcf  × $  2.61 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/197961 is the state's own key, not one this site invented.