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 201798District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Jan 2004 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
269
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 Gas112004-07-22157286
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
CondensateDisposition528 bbl$28,970
GasProduction1,747,949 Mcf$10,467,418
Total$10,496,387

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 31.4861, -96.2539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48614, -96.25386 · 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
13,145 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 13,145 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-161326661813,145 ftAug 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 (269)

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

269 months

May 20260507106.413.05$1,544
Apr 2026027198.932.87$778
Mar 202602589.753.15$79
Feb 202608063.503.75$300
Jan 2026057459.138.00$4,591
Dec 2025064256.664.41$2,833
Nov 2025062358.593.93$2,446
Oct 202501,17759.383.30$3,890
Sep 202501,46962.743.08$4,520
Aug 202501,53263.933.01$4,619
Jul 202501,12766.743.32$3,736
Jun 2025022366.483.13$698
May 2025013060.553.23$420
Apr 202504462.363.54$156
Mar 20251182667.704.27$4,270
Feb 202501770.884.34$74
Jan 2025048374.324.28$2,067
Dec 2024035368.993.12$1,102
Nov 2024099069.052.20$2,176
Oct 202401,09971.372.28$2,507
Sep 202401,02569.612.36$2,423
Aug 2024084175.632.06$1,736
Jul 202401,13479.932.15$2,434
Jun 202401,16478.082.63$3,066
May 20240078.812.20$0
Apr 2024092684.451.66$1,536
Mar 202401,19480.301.55$1,845
Feb 2024067976.091.78$1,211
Jan 2024080773.023.30$2,661
Dec 202301,06471.262.61$2,778
Nov 202301,23277.892.81$3,459
Oct 202301,30385.443.09$4,023
Sep 2023059889.042.74$1,636
Aug 2023042980.522.67$1,147
Jul 2023017574.852.64$462
Jun 20230068.962.26$0
May 2023014170.622.23$314
Apr 20231625078.122.24$1,809
Mar 2023033172.852.39$792
Feb 2023036275.112.47$893
Jan 2023083876.533.39$2,839
Dec 202201,86876.415.73$10,702
Nov 202202,40285.005.65$13,562
Oct 202201,93587.185.86$11,346
Sep 2022053784.888.16$4,384
Aug 202202,63394.529.13$24,032
Jul 202203,564101.587.54$26,880
Jun 202203,442115.097.98$27,458
May 2022183,172109.378.43$28,718
Apr 202203,039104.226.84$20,779
Mar 202203,936108.885.08$19,981
Feb 202203,23091.054.86$15,694
Jan 202202,97681.844.54$13,504
Dec 202104,45671.323.90$17,374
Nov 202104,90977.435.24$25,708
Oct 202105,52379.795.71$31,558
Sep 2021184,67169.865.35$26,252
Aug 202105,27266.024.22$22,251
Jul 202103,82170.783.98$15,216
Jun 202104,48369.493.38$15,155
May 202104,38963.483.02$13,245
Apr 202104,16960.362.76$11,500
Mar 202101,89461.302.72$5,146
Feb 202102,18657.805.55$12,128
Jan 202104,25950.412.81$11,969
Dec 202003,64444.642.68$9,749
Nov 202004,96538.772.71$13,438
Oct 202005,44236.972.48$13,488
Sep 202004,02237.091.99$8,008
Aug 202003,11339.982.39$7,425
Jul 202005,13638.371.83$9,374
Jun 202094,85834.901.69$8,526
May 202004,76516.921.81$8,647
Apr 202003,88514.751.80$7,010
Mar 202003,09230.341.86$5,739
Feb 202004,13449.881.98$8,188
Jan 202002,80657.252.09$5,878
Dec 201902,84059.012.30$6,544
Nov 201901,64655.302.75$4,528
Oct 201901,79353.472.42$4,336
Sep 201902,28855.052.66$6,080
Aug 201903,11453.112.30$7,176
Jul 201982,95256.272.46$7,712
Jun 201982,37352.782.49$6,334
May 201904,00558.482.74$10,975
Apr 201902,33762.632.75$6,428
Mar 201902,43856.803.06$7,465
Feb 201903,08850.852.79$8,622
Jan 201904,47646.033.23$14,449
Dec 201802,04546.594.19$8,559
Nov 201834,47552.934.24$19,120
Oct 201802,82061.443.40$9,583
Sep 201801,08359.543.11$3,366
Aug 2018464459.403.07$2,212
Jul 2018081165.142.93$2,378
Jun 201802,68660.183.08$8,265
May 2018399865.382.90$3,091
Apr 2018092363.842.90$2,677
Mar 201801,15761.222.79$3,224
Feb 201841,24161.782.77$3,680
Jan 2018089062.874.01$3,568
Dec 2017056657.272.92$1,654
Nov 201701,03155.423.12$3,215
Oct 201744,94649.292.98$14,954
Sep 201705,87547.523.09$18,138
Aug 201701,17945.373.00$3,542
Jul 201701,99243.873.09$6,150
Jun 201753,31642.493.09$10,450
May 201743,66845.373.26$12,152
Apr 201706,38547.933.21$20,506
Mar 201732,27446.772.98$6,925
Feb 201702,55450.452.95$7,541
Jan 201762,65149.413.42$9,360
Dec 201605,24948.763.72$19,541
Nov 201604,60942.492.64$12,188
Oct 201603,28846.193.09$10,161
Sep 2016154,09541.553.10$13,320
Aug 201603,15041.442.92$9,212
Jul 201602,67041.622.92$7,808
Jun 201665,24645.352.69$14,362
May 201604,02442.521.99$8,012
Apr 201654,91636.561.99$9,971
Mar 201604,73433.011.79$8,493
Feb 201655,99126.472.06$12,496
Jan 201635,27927.352.36$12,564
Dec 201514,70032.362.00$9,439
Nov 201504,60238.792.17$9,974
Oct 201504,62743.552.43$11,228
Sep 201503,73142.992.76$10,292
Aug 201502,49740.162.87$7,173
Jul 201501,97948.152.95$5,828
Jun 201502,31356.152.88$6,668
May 201502,06055.212.96$6,088
Apr 201501,97549.822.71$5,345
Mar 201502,02042.892.93$5,928
Feb 201502,02944.662.98$6,039
Jan 201502,37743.433.10$7,370
Dec 201403,47654.693.59$12,484
Nov 201404,62570.464.25$19,665
Oct 201415,71278.303.90$22,361
Sep 201403,64786.164.05$14,754
Aug 201405,51289.394.04$22,242
Jul 201401,27696.564.18$5,333
Jun 201401,63498.164.74$7,740
May 201402,02494.734.73$9,567
Apr 201405,05495.944.81$24,305
Mar 201401,36195.895.06$6,882
Feb 2014060597.406.19$3,746
Jan 201401,34390.404.86$6,528
Dec 201312,56991.824.35$11,278
Nov 201333,34688.853.74$12,775
Oct 201325,43197.423.78$20,721
Sep 201301,387104.113.72$5,157
Aug 201331,983104.253.52$7,298
Jul 201302,409102.523.72$8,956
Jun 201394,51294.403.93$18,597
May 201302,31894.834.15$9,618
Apr 201332,77993.964.28$12,183
Mar 201304,17393.623.91$16,328
Feb 201302,82191.233.42$9,648
Jan 201324,07191.603.42$14,106
Dec 201224,01086.773.42$13,888
Nov 201204,69486.953.62$17,016
Oct 201215,25789.383.40$17,962
Sep 201203,39694.672.92$9,911
Aug 201203,90492.662.91$11,353
Jul 201204,44885.133.02$13,437
Jun 201204,04979.822.52$10,200
May 201204,72591.612.49$11,757
Apr 201203,858101.652.00$7,704
Mar 201204,181105.052.22$9,291
Feb 201204,635101.102.57$11,913
Jan 201201,19498.092.73$3,264
Dec 201101,10196.873.24$3,567
Nov 201101,09795.723.31$3,632
Oct 201101,17484.983.65$4,283
Sep 201101,00983.623.99$4,022
Aug 2011089983.404.15$3,730
Jul 201101,50294.144.52$6,785
Jun 201111,81092.904.64$8,491
May 201102,46298.134.40$10,845
Apr 201122,286105.964.33$10,118
Mar 201101,86596.364.06$7,567
Feb 201152,26085.644.18$9,875
Jan 201123,65586.504.59$16,945
Dec 201024,54285.734.35$19,919
Nov 201013,64480.843.80$13,911
Oct 201024,61678.103.51$16,353
Sep 201044,54772.633.98$18,385
Aug 201065,18873.684.42$23,370
Jul 201053,53572.554.74$17,106
Jun 201005,10270.364.91$25,053
May 201025,59271.124.24$23,826
Apr 201016,98481.694.12$28,875
Mar 201021,00778.394.39$4,576
Feb 2010444073.585.44$2,689
Jan 2010313174.365.96$1,004
Dec 2009071871.445.48$3,937
Nov 200926,04674.593.75$22,831
Oct 200907,26372.544.11$29,853
Sep 200907,26265.543.06$22,256
Aug 200917,32567.423.22$23,643
Jul 200908,70661.133.46$30,162
Jun 200946,54566.163.90$25,757
May 200937,47154.743.93$29,494
Apr 200945,31846.773.59$19,265
Mar 200986,01442.144.06$24,748
Feb 200965,60532.814.63$26,165
Jan 2009811,88335.865.37$64,110
Dec 200808,48837.105.98$50,734
Nov 200808,35755.496.86$57,332
Oct 200808,43775.246.92$58,401
Sep 200808,587101.767.88$67,641
Aug 200809,502114.228.48$80,606
Jul 200809,732131.0811.39$110,842
Jun 2008010,309131.3313.03$134,353
May 2008010,651123.1711.57$123,278
Apr 200809,662110.3110.45$101,015
Mar 200809,345101.909.66$90,311
Feb 200808,54392.538.77$74,927
Jan 2008010,24490.388.21$84,060
Dec 200709,00588.337.30$65,754
Nov 200708,68691.677.29$63,336
Oct 2007010,23982.856.92$70,874
Sep 2007010,47875.846.24$65,426
Aug 2007011,80969.066.39$75,435
Jul 2007011,73070.906.39$74,931
Jun 2007012,29062.007.55$92,770
May 2007011,91458.747.85$93,481
Apr 2007013,03459.617.81$101,733
Mar 2007014,04056.927.30$102,520
Feb 2007013,28355.108.22$109,133
Jan 2007018,64350.306.73$125,409
Dec 2006017,82156.656.92$123,294
Nov 2006014,45754.207.62$110,126
Oct 2006018,28054.906.01$109,932
Sep 2006019,35560.085.04$97,495
Aug 2006521,98868.717.34$161,734
Jul 2006913,78069.376.34$88,028
Jun 20061314,88066.286.38$95,854
May 20061518,70966.016.42$121,195
Apr 2006014,50864.397.36$106,786
Mar 2006016,31256.707.08$115,537
Feb 2006019,37557.597.75$150,178
Jan 2006020,39160.598.93$182,159
Dec 2005022,59554.9413.42$303,121
Nov 2005017,49854.6910.59$185,276
Oct 2005016,34958.3413.80$225,547
Sep 2005014,81561.4512.08$178,950
Aug 2005022,67261.519.80$222,114
Jul 2005023,25355.697.84$182,388
Jun 2005022,40952.337.38$165,402
May 2005025,36945.226.65$168,733
Apr 2005521,02049.207.36$154,963
Mar 20053024,23150.377.15$174,881
Feb 2005926,83545.226.31$169,787
Jan 20051529,79243.166.32$188,998
Dec 20041133,95239.866.75$229,651
Nov 20041132,62445.286.33$207,022
Oct 2004042,10649.706.52$274,325
Sep 20041433,27343.245.28$176,417
Aug 20041420,26342.375.55$113,066
Jul 20041522,06538.286.08$134,822
Jun 20044339,92436.106.43$258,384
May 20043844,94137.486.49$293,297
Apr 2004957,34534.475.86$336,264
Mar 2004019,70634.365.53$108,977
Feb 2004856,76832.455.51$313,030
Jan 200405,22332.036.30$32,903

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                  507 Mcf  × $  3.05 =     $1,544

────────────────────────────────────────────────────
Month total                                   $1,544

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/201798 is the state's own key, not one this site invented.