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 200723District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.9 M
Nov 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
271
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 Gas112004-06-18156535
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
CondensateDisposition1,032 bbl$63,363
GasProduction1,925,087 Mcf$11,826,442
Total$11,889,805

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 31.4842, -96.2551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48422, -96.25514 · 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
13,035 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 13,035 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-161326261213,035 ftSep 2022

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 (271)

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

271 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 20253067.704.27$203
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 20238078.122.24$625
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 202202,112101.587.54$15,929
Jun 202204,837115.097.98$38,586
May 2022144,664109.378.43$40,863
Apr 202202,872104.226.84$19,638
Mar 202204,152108.885.08$21,077
Feb 202203,15791.054.86$15,339
Jan 202204,46281.844.54$20,247
Dec 202103,68071.323.90$14,349
Nov 202102,31977.435.24$12,144
Oct 202102,29079.795.71$13,085
Sep 2021112,89069.865.35$16,233
Aug 202102,77366.024.22$11,704
Jul 202102,10970.783.98$8,398
Jun 202103,30069.493.38$11,156
May 202103,26463.483.02$9,850
Apr 202103,20960.362.76$8,852
Mar 202104,21361.302.72$11,446
Feb 202102,82457.805.55$15,667
Jan 202104,02550.412.81$11,311
Dec 202004,03344.642.68$10,790
Nov 202003,01438.772.71$8,158
Oct 202001,80836.972.48$4,481
Sep 202002,72337.091.99$5,422
Aug 202001,61639.982.39$3,854
Jul 202002,56538.371.83$4,681
Jun 2020133,25834.901.69$5,961
May 202002,64916.921.81$4,807
Apr 202002,25014.751.80$4,060
Mar 202002,22730.341.86$4,134
Feb 202002,39049.881.98$4,734
Jan 202002,48257.252.09$5,199
Dec 201902,13759.012.30$4,924
Nov 201902,10655.302.75$5,793
Oct 201902,81453.472.42$6,806
Sep 201902,99355.052.66$7,953
Aug 201904,01653.112.30$9,254
Jul 2019153,12856.272.46$8,539
Jun 2019164,62352.782.49$12,361
May 201906,43058.482.74$17,620
Apr 201902,74162.632.75$7,540
Mar 201903,36656.803.06$10,307
Feb 201901,75950.852.79$4,912
Jan 201903,04846.033.23$9,839
Dec 201802,09646.594.19$8,773
Nov 2018105,59052.934.24$24,215
Oct 201805,89961.443.40$20,045
Sep 201806,06759.543.11$18,856
Aug 2018205,87759.403.07$19,210
Jul 201804,86265.142.93$14,255
Jun 201804,53660.183.08$13,957
May 2018116,43065.382.90$19,371
Apr 201805,56963.842.90$16,155
Mar 201806,13061.222.79$17,083
Feb 2018105,96561.782.77$17,118
Jan 201806,03462.874.01$24,192
Dec 201705,94457.272.92$17,366
Nov 201706,01655.423.12$18,760
Oct 2017106,34049.292.98$19,409
Sep 201707,15147.523.09$22,077
Aug 201707,89145.373.00$23,708
Jul 201706,83143.873.09$21,089
Jun 201777,16242.493.09$22,409
May 201756,53545.373.26$21,553
Apr 201705,62747.933.21$18,072
Mar 201755,32746.772.98$16,128
Feb 201704,95250.452.95$14,621
Jan 201775,69349.413.42$19,809
Dec 201605,83748.763.72$21,730
Nov 201606,11742.492.64$16,175
Oct 201605,71446.193.09$17,658
Sep 2016204,46341.553.10$14,669
Aug 201604,37241.442.92$12,785
Jul 201604,55841.622.92$13,329
Jun 201654,23645.352.69$11,604
May 201604,40442.521.99$8,769
Apr 201654,24736.561.99$8,639
Mar 201604,43233.011.79$7,951
Feb 201644,11626.472.06$8,600
Jan 201624,64327.352.36$11,032
Dec 201503,14932.362.00$6,302
Nov 201502,48438.792.17$5,384
Oct 201501,26343.552.43$3,065
Sep 201501,54242.992.76$4,253
Aug 201501,91840.162.87$5,509
Jul 201501,78648.152.95$5,260
Jun 201502556.152.88$72
May 201502555.212.96$74
Apr 2015013849.822.71$374
Mar 201503142.892.93$91
Feb 201504944.662.98$146
Jan 201506643.433.10$205
Dec 201407854.693.59$280
Nov 2014014070.464.25$595
Oct 201404378.303.90$168
Sep 201404186.164.05$166
Aug 20140089.394.04$0
Jul 201405796.564.18$238
Jun 201405698.164.74$265
May 201405994.734.73$279
Apr 201407495.944.81$356
Mar 20140095.895.06$0
Feb 2014011397.406.19$700
Jan 201403290.404.86$156
Dec 201304791.824.35$205
Nov 201303488.853.74$127
Oct 2013012797.423.78$480
Sep 2013045104.113.72$167
Aug 2013077104.253.52$271
Jul 2013072102.523.72$268
Jun 2013013494.403.93$527
May 201304794.834.15$195
Apr 201304993.964.28$210
Mar 201306293.623.91$243
Feb 201303091.233.42$103
Jan 201302991.603.42$99
Dec 201204586.773.42$154
Nov 2012010986.953.62$395
Oct 2012111089.383.40$463
Sep 2012017694.672.92$514
Aug 201204492.662.91$128
Jul 201204485.133.02$133
Jun 201202979.822.52$73
May 201204091.612.49$100
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012015101.102.57$39
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20111083.404.15$83
Jul 20110094.144.52$0
Jun 201128692.904.64$585
May 201104,21298.134.40$18,553
Apr 201148,348105.964.33$36,598
Mar 201107,66496.364.06$31,095
Feb 201167,19185.644.18$30,572
Jan 201148,18386.504.59$37,896
Dec 201028,47485.734.35$37,014
Nov 201005,54880.843.80$21,056
Oct 201019,47778.103.51$33,332
Sep 201024,11472.633.98$16,517
Aug 2010812373.684.42$1,133
Jul 2010114,03172.554.74$19,891
Jun 201005,37370.364.91$26,384
May 201065,67071.124.24$24,440
Apr 201066,91181.694.12$28,982
Mar 201067,87878.394.39$35,044
Feb 201097,33673.585.44$40,587
Jan 201047,80274.365.96$46,829
Dec 200909,29171.445.48$50,950
Nov 200934,32874.593.75$16,460
Oct 200908,27072.544.11$33,992
Sep 200909,28665.543.06$28,459
Aug 200916,25967.423.22$20,212
Jul 200908,92561.133.46$30,921
Jun 200947,72766.163.90$30,361
May 200938,94454.743.93$35,276
Apr 200957,61146.773.59$27,538
Mar 200967,80342.144.06$31,925
Feb 200947,42932.814.63$34,550
Jan 2009116,46835.865.37$35,134
Dec 2008011,71137.105.98$69,998
Nov 2008014,10555.496.86$96,765
Oct 2008014,51975.246.92$100,500
Sep 2008014,605101.767.88$115,045
Aug 2008014,494114.228.48$122,953
Jul 2008013,550131.0811.39$154,327
Jun 2008013,854131.3313.03$180,554
May 2008013,162123.1711.57$152,341
Apr 20083813,691110.3110.45$147,329
Mar 20085210,952101.909.66$111,140
Feb 20086811,43192.538.77$106,549
Jan 20086512,38390.388.21$107,486
Dec 20072913,18388.337.30$98,823
Nov 20075612,56991.677.29$96,783
Oct 2007011,79982.856.92$81,672
Sep 2007011,68375.846.24$72,951
Aug 2007013,33269.066.39$85,164
Jul 2007013,17270.906.39$84,142
Jun 2007013,80662.007.55$104,214
May 2007015,78858.747.85$123,877
Apr 2007014,55259.617.81$113,581
Mar 2007015,53156.927.30$113,407
Feb 2007015,12655.108.22$124,275
Jan 2007016,42450.306.73$110,482
Dec 2006014,51156.656.92$100,393
Nov 2006011,17454.207.62$85,118
Oct 2006014,24654.906.01$85,673
Sep 2006015,76660.085.04$79,417
Aug 2006018,06068.717.34$132,559
Jul 2006018,30069.376.34$116,073
Jun 2006018,17966.286.38$116,053
May 2006019,66366.016.42$126,335
Apr 2006017,09264.397.36$125,805
Mar 2006017,64656.707.08$124,985
Feb 2006013,62457.597.75$105,601
Jan 2006016,93860.598.93$151,313
Dec 2005019,93554.9413.42$267,436
Nov 2005021,67454.6910.59$229,493
Oct 2005019,06958.3413.80$263,071
Sep 2005017,50261.4512.08$211,407
Aug 2005018,11861.519.80$177,499
Jul 2005019,68255.697.84$154,379
Jun 2005023,73752.337.38$175,204
May 2005025,57645.226.65$170,110
Apr 2005024,70249.207.36$181,819
Mar 2005026,91850.377.15$192,595
Feb 2005024,66445.226.31$155,677
Jan 2005029,27543.166.32$185,082
Dec 2004032,46839.866.75$219,194
Nov 2004135,39945.286.33$224,136
Oct 2004041,42649.706.52$269,895
Sep 20042430,38543.245.28$161,589
Aug 20043735,33142.375.55$197,678
Jul 20043155,26138.286.08$337,405
Jun 20046743,82436.106.43$284,339
May 20047558,89037.486.49$385,277
Apr 200411962,24334.475.86$368,750
Mar 20045378,03034.365.53$433,338
Feb 2004630,01032.455.51$165,538
Jan 2004024,02332.036.30$151,336
Dec 2003021,56030.266.30$135,863
Nov 2003038,47728.804.60$176,808

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             3 bbl  × $ 67.70 =       $203
Gas                    0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                     $203

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/200723 is the state's own key, not one this site invented.