WORTHY GAS UNIT

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 200018District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Sep 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 Gas112004-04-16156232
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
CondensateDisposition964 bbl$45,838
GasProduction1,107,459 Mcf$6,665,597
Total$6,711,435

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 31.4918, -96.2485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49178, -96.24851 · 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
13,100 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 13,100 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161326401013,100 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 (273)

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

273 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 20252067.704.27$135
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 2024037479.932.15$803
Jun 2024051078.082.63$1,343
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024030580.301.55$471
Feb 2024032776.091.78$583
Jan 2024044773.023.30$1,474
Dec 2023042971.262.61$1,120
Nov 2023038177.892.81$1,070
Oct 2023037585.443.09$1,158
Sep 2023038789.042.74$1,058
Aug 2023072180.522.67$1,927
Jul 2023069974.852.64$1,847
Jun 2023066268.962.26$1,495
May 2023056470.622.23$1,256
Apr 2023452378.122.24$1,483
Mar 2023028472.852.39$680
Feb 2023083175.112.47$2,049
Jan 2023078276.533.39$2,649
Dec 2022021376.415.73$1,220
Nov 202202,68085.005.65$15,132
Oct 2022097187.185.86$5,694
Sep 2022076684.888.16$6,253
Aug 2022093794.529.13$8,552
Jul 20220826101.587.54$6,230
Jun 20220622115.097.98$4,962
May 20222473109.378.43$4,208
Apr 20220441104.226.84$3,015
Mar 20220704108.885.08$3,574
Feb 2022099491.054.86$4,830
Jan 202201,04681.844.54$4,746
Dec 2021080971.323.90$3,154
Nov 2021071577.435.24$3,744
Oct 2021084679.795.71$4,834
Sep 2021194269.865.35$5,110
Aug 2021061066.024.22$2,575
Jul 2021033370.783.98$1,326
Jun 2021062669.493.38$2,116
May 2021051263.483.02$1,545
Apr 2021061760.362.76$1,702
Mar 2021020161.302.72$546
Feb 2021034557.805.55$1,914
Jan 2021039150.412.81$1,099
Dec 2020033844.642.68$904
Nov 2020030038.772.71$812
Oct 2020049636.972.48$1,229
Sep 202002,09437.091.99$4,169
Aug 202001,02039.982.39$2,433
Jul 202001,22338.371.83$2,232
Jun 202011,07934.901.69$1,859
May 202001,61616.921.81$2,933
Apr 2020047914.751.80$864
Mar 2020058230.341.86$1,080
Feb 2020060749.881.98$1,202
Jan 202001,15557.252.09$2,419
Dec 2019052859.012.30$1,217
Nov 2019151255.302.75$1,464
Oct 2019022153.472.42$535
Sep 2019041955.052.66$1,113
Aug 2019043153.112.30$993
Jul 2019120956.272.46$570
Jun 2019114152.782.49$404
May 2019026558.482.74$726
Apr 2019047562.632.75$1,307
Mar 2019021556.803.06$658
Feb 2019017950.852.79$500
Jan 2019052346.033.23$1,688
Dec 2018042146.594.19$1,762
Nov 2018110852.934.24$511
Oct 2018033961.443.40$1,152
Sep 2018036559.543.11$1,134
Aug 2018379259.403.07$2,607
Jul 2018099165.142.93$2,905
Jun 2018043760.183.08$1,345
May 2018166465.382.90$1,992
Apr 2018039563.842.90$1,146
Mar 2018022561.222.79$627
Feb 2018116461.782.77$515
Jan 2018051162.874.01$2,049
Dec 2017056857.272.92$1,659
Nov 201701,06255.423.12$3,312
Oct 2017281549.292.98$2,530
Sep 2017089147.523.09$2,751
Aug 201701,17945.373.00$3,542
Jul 2017077843.873.09$2,402
Jun 2017177642.493.09$2,438
May 2017265645.373.26$2,232
Apr 201701,23247.933.21$3,957
Mar 201721,21046.772.98$3,704
Feb 201701,26150.452.95$3,723
Jan 201721,41049.413.42$4,919
Dec 201601,95248.763.72$7,267
Nov 201601,47942.492.64$3,911
Oct 201601,52546.193.09$4,713
Sep 2016786441.553.10$2,970
Aug 2016096241.442.92$2,813
Jul 201603,89041.622.92$11,376
Jun 201665,36345.352.69$14,676
May 201604,27342.521.99$8,508
Apr 201654,87236.561.99$9,883
Mar 201605,06733.011.79$9,090
Feb 201624,49926.472.06$9,337
Jan 201611,96327.352.36$4,669
Dec 201502,17632.362.00$4,355
Nov 201502,34538.792.17$5,082
Oct 201503,39343.552.43$8,233
Sep 201501,77942.992.76$4,907
Aug 201502,05040.162.87$5,889
Jul 201504,22048.152.95$12,428
Jun 201503,47656.152.88$10,021
May 201501,27555.212.96$3,768
Apr 2015037449.822.71$1,012
Mar 2015061942.892.93$1,817
Feb 2015036144.662.98$1,074
Jan 2015048843.433.10$1,513
Dec 201407954.693.59$284
Nov 2014025670.464.25$1,088
Oct 2014047378.303.90$1,845
Sep 2014047086.164.05$1,901
Aug 201401,63189.394.04$6,581
Jul 201401,58596.564.18$6,625
Jun 201401,81098.164.74$8,574
May 2014055594.734.73$2,623
Apr 2014042695.944.81$2,049
Mar 2014014095.895.06$708
Feb 2014011897.406.19$731
Jan 2014010790.404.86$520
Dec 2013016991.824.35$736
Nov 201301688.853.74$60
Oct 201309197.423.78$344
Sep 201300104.113.72$0
Aug 201310104.253.52$104
Jul 20130683102.523.72$2,539
Jun 201311,61394.403.93$6,439
May 2013080994.834.15$3,357
Apr 2013020093.964.28$857
Mar 201306393.623.91$247
Feb 2013057391.233.42$1,960
Jan 2013029291.603.42$999
Dec 2012037586.773.42$1,283
Nov 2012025186.953.62$910
Oct 2012148589.383.40$1,738
Sep 2012077694.672.92$2,265
Aug 2012053792.662.91$1,562
Jul 2012063085.133.02$1,903
Jun 2012042579.822.52$1,071
May 2012046091.612.49$1,145
Apr 20120584101.652.00$1,166
Mar 20120861105.052.22$1,913
Feb 20120753101.102.57$1,935
Jan 201201,30998.092.73$3,579
Dec 2011012896.873.24$415
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011077083.404.15$3,195
Jul 201103,48394.144.52$15,734
Jun 201114,14192.904.64$19,307
May 201104,80298.134.40$21,152
Apr 201124,276105.964.33$18,741
Mar 201105,17896.364.06$21,009
Feb 201165,38785.644.18$23,031
Jan 201125,73586.504.59$26,490
Dec 201023,69585.734.35$16,236
Nov 201014,87280.843.80$18,572
Oct 201036,29078.103.51$22,305
Sep 201046,58572.633.98$26,495
Aug 201075,24673.684.42$23,700
Jul 201066,47372.554.74$31,095
Jun 201015,70270.364.91$28,069
May 201044,71971.124.24$20,270
Apr 201032,50381.694.12$10,564
Mar 201034,64178.394.39$20,603
Feb 201035,06873.585.44$27,803
Jan 201022,56274.365.96$15,429
Dec 200901,23371.445.48$6,761
Nov 200905,15774.593.75$19,346
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200917267.423.22$299
Jul 20090061.133.46$0
Jun 200913,37966.163.90$13,227
May 200918,82654.743.93$34,703
Apr 2009110,37046.773.59$37,249
Mar 200922,92442.144.06$11,953
Feb 2009238432.814.63$1,845
Jan 200933,29235.865.37$17,789
Dec 200803,64137.105.98$21,763
Nov 200802,60555.496.86$17,871
Oct 200801,73375.246.92$11,996
Sep 200802,691101.767.88$21,197
Aug 20080152114.228.48$1,289
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200803,08590.388.21$25,315
Dec 200708,62788.337.30$62,994
Nov 200709,77191.677.29$71,247
Oct 200708,34782.856.92$57,778
Sep 2007010,15175.846.24$63,384
Aug 2007010,17769.066.39$65,010
Jul 2007011,75170.906.39$75,065
Jun 2007010,44162.007.55$78,813
May 2007010,54158.747.85$82,708
Apr 2007011,40259.617.81$88,995
Mar 2007020256.927.30$1,475
Feb 20070055.108.22$0
Jan 200709,22850.306.73$62,075
Dec 200608,34156.656.92$57,707
Nov 200606,81754.207.62$51,928
Oct 200607,37954.906.01$44,376
Sep 2006010,27860.085.04$51,772
Aug 200608,87668.717.34$65,149
Jul 200604,47169.376.34$28,358
Jun 200606,20066.286.38$39,580
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200603,74957.597.75$29,059
Jan 2006011,34660.598.93$101,357
Dec 2005016,70154.9413.42$224,051
Nov 2005014,19654.6910.59$150,313
Oct 2005016,93458.3413.80$233,617
Sep 2005015,54261.4512.08$187,732
Aug 2005015,70961.519.80$153,899
Jul 2005013,78055.697.84$108,085
Jun 2005012,71552.337.38$93,850
May 2005019,12945.226.65$127,230
Apr 20055116,71349.207.36$125,525
Mar 200526119,01950.377.15$149,225
Feb 20058918,61545.226.31$121,521
Jan 200513123,15543.166.32$152,045
Dec 200410427,49939.866.75$189,793
Nov 200411420,08745.286.33$132,321
Oct 2004025,82549.706.52$168,252
Sep 20041732,10843.245.28$170,391
Aug 20041917,71242.375.55$99,118
Jul 20041724,65138.286.08$150,632
Jun 20043123,33436.106.43$151,227
May 20041716,36437.486.49$106,914
Apr 2004018,37634.475.86$107,655
Mar 200406,68534.365.53$36,969
Feb 2004022,25532.455.51$122,617
Jan 2004038,92332.036.30$245,201
Dec 2003049,59030.266.30$312,498
Nov 2003064,07128.804.60$294,417
Oct 2003032,90428.174.76$156,611
Sep 2003037,52426.314.75$178,215

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.

Mar 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 67.70 =       $135
Gas                    0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                     $135

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/200018 is the state's own key, not one this site invented.