EPPES "B"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the NAN-SU-GAIL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203979District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Mar 2004 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
267
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
2002-10-08
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2016-10-11.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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 Gas112004-11-12158987
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
CondensateDisposition22 bbl$1,670
GasProduction916,633 Mcf$5,136,641
Total$5,138,311

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 31.7622, -96.0709. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76224, -96.07087 · 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
12,750 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 12,750 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-16132818312,750 ftMar 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 (267)

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

267 months

May 20260473106.413.05$1,441
Apr 2026068998.932.87$1,977
Mar 2026044789.753.15$1,408
Feb 2026075963.503.75$2,846
Jan 2026077159.138.00$6,166
Dec 202501,90456.664.41$8,403
Nov 2025031858.593.93$1,249
Oct 2025078559.383.30$2,594
Sep 2025083862.743.08$2,578
Aug 2025078763.933.01$2,373
Jul 2025080766.743.32$2,675
Jun 2025071066.483.13$2,221
May 2025063160.553.23$2,040
Apr 2025078262.363.54$2,771
Mar 2025072267.704.27$3,082
Feb 2025067670.884.34$2,934
Jan 202501,27074.324.28$5,434
Dec 202401,21668.993.12$3,796
Nov 202401,30469.052.20$2,867
Oct 2024086571.372.28$1,973
Sep 202401,27569.612.36$3,015
Aug 202401,60275.632.06$3,306
Jul 202401,67179.932.15$3,587
Jun 202402,81578.082.63$7,415
May 20240078.812.20$0
Apr 2024055384.451.66$918
Mar 2024072780.301.55$1,123
Feb 202401,03076.091.78$1,837
Jan 202401,30273.023.30$4,294
Dec 2023069871.262.61$1,822
Nov 2023086877.892.81$2,437
Oct 202301,31685.443.09$4,063
Sep 2023074589.042.74$2,038
Aug 202301,43180.522.67$3,825
Jul 202301,09874.852.64$2,901
Jun 2023096068.962.26$2,168
May 202301,01070.622.23$2,250
Apr 2023089878.122.24$2,010
Mar 202301,28572.852.39$3,075
Feb 202301,56075.112.47$3,846
Jan 202301,06476.533.39$3,605
Dec 202201,07176.415.73$6,136
Nov 202201,09185.005.65$6,160
Oct 202201,27687.185.86$7,482
Sep 202201,24084.888.16$10,123
Aug 202201,52594.529.13$13,919
Jul 202201,337101.587.54$10,084
Jun 202201,414115.097.98$11,280
May 202201,233109.378.43$10,398
Apr 202201,098104.226.84$7,508
Mar 202201,088108.885.08$5,523
Feb 202201,32291.054.86$6,423
Jan 202201,34181.844.54$6,085
Dec 202101,56471.323.90$6,098
Nov 202101,62477.435.24$8,505
Oct 202101,16379.795.71$6,645
Sep 202101,24669.865.35$6,667
Aug 202101,29066.024.22$5,445
Jul 202101,66670.783.98$6,634
Jun 202101,55669.493.38$5,260
May 202101,39963.483.02$4,222
Apr 202102,03660.362.76$5,616
Mar 202101,53761.302.72$4,176
Feb 2021099257.805.55$5,504
Jan 202101,38250.412.81$3,884
Dec 202001,61044.642.68$4,307
Nov 202002,29338.772.71$6,206
Oct 2020087436.972.48$2,166
Sep 202001,52437.091.99$3,034
Aug 202001,77439.982.39$4,231
Jul 202001,81038.371.83$3,303
Jun 202001,91134.901.69$3,230
May 202001,46116.921.81$2,651
Apr 202001,68914.751.80$3,048
Mar 202001,02730.341.86$1,906
Feb 202001,57349.881.98$3,116
Jan 202001,15957.252.09$2,428
Dec 201901,25059.012.30$2,880
Nov 201901,28555.302.75$3,535
Oct 201901,30653.472.42$3,159
Sep 201901,61555.052.66$4,292
Aug 201902,01153.112.30$4,634
Jul 201902,15356.272.46$5,297
Jun 201901,64952.782.49$4,108
May 201901,30858.482.74$3,584
Apr 201901,43062.632.75$3,934
Mar 201902,28556.803.06$6,997
Feb 201901,89650.852.79$5,294
Jan 201901,56046.033.23$5,036
Dec 201802,22046.594.19$9,292
Nov 201802,13852.934.24$9,059
Oct 201802,09061.443.40$7,102
Sep 201801,66059.543.11$5,159
Aug 2018087959.403.07$2,696
Jul 2018074165.142.93$2,173
Jun 2018096360.183.08$2,963
May 201801,67365.382.90$4,853
Apr 201801,61863.842.90$4,693
Mar 201801,77961.222.79$4,958
Feb 201801,86861.782.77$5,167
Jan 201801,91462.874.01$7,674
Dec 201701,70357.272.92$4,975
Nov 201701,87855.423.12$5,856
Oct 201701,48049.292.98$4,416
Sep 201701,57347.523.09$4,856
Aug 201701,59145.373.00$4,780
Jul 201701,52843.873.09$4,717
Jun 201701,29642.493.09$4,001
May 201701,93745.373.26$6,321
Apr 201701,69547.933.21$5,444
Mar 201701,90446.772.98$5,681
Feb 201701,40350.452.95$4,143
Jan 201701,81849.413.42$6,215
Dec 201601,71248.763.72$6,373
Nov 201601,91542.492.64$5,064
Oct 201601,61246.193.09$4,982
Sep 201601,18941.553.10$3,687
Aug 201601,98741.442.92$5,811
Jul 201601,86941.622.92$5,466
Jun 201601,74245.352.69$4,679
May 201602,06542.521.99$4,112
Apr 201602,25836.561.99$4,496
Mar 201601,80933.011.79$3,245
Feb 201601,72226.472.06$3,554
Jan 201601,76627.352.36$4,175
Dec 201501,79432.362.00$3,591
Nov 201501,70438.792.17$3,693
Oct 201501,83043.552.43$4,441
Sep 201501,77742.992.76$4,902
Aug 201501,59340.162.87$4,576
Jul 201501,57848.152.95$4,647
Jun 201501,24856.152.88$3,598
May 201501,41355.212.96$4,176
Apr 201502,48049.822.71$6,712
Mar 201503,14042.892.93$9,215
Feb 201501,21744.662.98$3,622
Jan 201501,54843.433.10$4,800
Dec 201401,92254.693.59$6,903
Nov 201401,45570.464.25$6,186
Oct 201401,94778.303.90$7,595
Sep 201401,65286.164.05$6,683
Aug 201402,01289.394.04$8,119
Jul 201401,97296.564.18$8,242
Jun 201401,85598.164.74$8,787
May 201402,66194.734.73$12,577
Apr 201401,86195.944.81$8,950
Mar 201401,73495.895.06$8,768
Feb 201402,04897.406.19$12,681
Jan 201401,77090.404.86$8,603
Dec 201302,47391.824.35$10,769
Nov 201302,76788.853.74$10,344
Oct 201312,93597.423.78$11,190
Sep 201301,854104.113.72$6,893
Aug 201302,416104.253.52$8,511
Jul 201302,311102.523.72$8,592
Jun 201302,05894.403.93$8,095
May 201302,40894.834.15$9,991
Apr 201302,37493.964.28$10,167
Mar 201302,62193.623.91$10,256
Feb 201302,31591.233.42$7,917
Jan 201302,39891.603.42$8,201
Dec 201202,28786.773.42$7,822
Nov 201201,82886.953.62$6,626
Oct 201202,52989.383.40$8,598
Sep 201202,05194.672.92$5,986
Aug 201202,28492.662.91$6,642
Jul 201202,34485.133.02$7,081
Jun 201202,56779.822.52$6,466
May 201202,77691.612.49$6,908
Apr 201202,823101.652.00$5,637
Mar 201203,097105.052.22$6,882
Feb 201203,099101.102.57$7,965
Jan 201203,07198.092.73$8,396
Dec 201103,17696.873.24$10,289
Nov 201103,24695.723.31$10,748
Oct 201103,26884.983.65$11,923
Sep 201103,19283.623.99$12,723
Aug 201103,22583.404.15$13,382
Jul 201123,31694.144.52$15,167
Jun 201133,55792.904.64$16,783
May 201103,53498.134.40$15,567
Apr 201103,428105.964.33$14,854
Mar 201103,59596.364.06$14,586
Feb 201103,48285.644.18$14,555
Jan 201103,87086.504.59$17,759
Dec 201004,25485.734.35$18,495
Nov 201013,91180.843.80$14,924
Oct 201004,42178.103.51$15,513
Sep 201024,92272.633.98$19,732
Aug 201005,21073.684.42$23,025
Jul 201022,67272.554.74$12,801
Jun 201003,04570.364.91$14,952
May 201002,66971.124.24$11,304
Apr 201003,03581.694.12$12,512
Mar 201003,24278.394.39$14,228
Feb 201002,97273.585.44$16,175
Jan 201003,89074.365.96$23,200
Dec 200903,11571.445.48$17,082
Nov 200903,01474.593.75$11,307
Oct 200902,65872.544.11$10,925
Sep 200902,98365.543.06$9,142
Aug 200903,75367.423.22$12,079
Jul 200902,83761.133.46$9,829
Jun 200903,30266.163.90$12,861
May 200903,63654.743.93$14,274
Apr 200903,36246.773.59$12,061
Mar 200902,65642.144.06$10,781
Feb 200901,53632.814.63$7,116
Jan 200902,11835.865.37$11,376
Dec 200802,08837.105.98$12,480
Nov 200802,86755.496.86$19,669
Oct 200803,41675.246.92$23,645
Sep 200802,004101.767.88$15,786
Aug 200813,210114.228.48$27,345
Jul 200802,867131.0811.39$32,654
Jun 200802,636131.3313.03$34,354
May 200802,179123.1711.57$25,220
Apr 200803,021110.3110.45$31,584
Mar 200804,087101.909.66$39,497
Feb 200802,56692.538.77$22,505
Jan 200814,49390.388.21$36,959
Dec 200714,72488.337.30$34,583
Nov 200704,20291.677.29$30,640
Oct 200704,08182.856.92$28,249
Sep 200704,92175.846.24$30,728
Aug 200703,41069.066.39$21,783
Jul 200714,83770.906.39$30,969
Jun 200713,81062.007.55$28,822
May 200716,30058.747.85$49,490
Apr 200715,82159.617.81$45,494
Mar 200715,79456.927.30$42,365
Feb 200703,93555.108.22$32,330
Jan 200705,65850.306.73$38,061
Dec 200605,46556.656.92$37,809
Nov 200607,49254.207.62$57,070
Oct 200604,75654.906.01$28,602
Sep 200606,47860.085.04$32,631
Aug 200605,80168.717.34$42,579
Jul 200606,06269.376.34$38,450
Jun 200605,86566.286.38$37,441
May 200606,02666.016.42$38,717
Apr 200616,88764.397.36$50,756
Mar 200607,86056.707.08$55,672
Feb 200607,78057.597.75$60,304
Jan 200607,87760.598.93$70,368
Dec 200507,99154.9413.42$107,202
Nov 200507,64854.6910.59$80,980
Oct 200507,74258.3413.80$106,807
Sep 200508,36661.4512.08$101,053
Aug 200509,02561.519.80$88,416
Jul 200509,90955.697.84$77,723
Jun 200509,96452.337.38$73,545
May 2005011,21445.226.65$74,586
Apr 2005010,99249.207.36$80,906
Mar 2005012,17050.377.15$87,075
Feb 2005012,51945.226.31$79,019
Jan 2005014,60143.166.32$92,310
Dec 2004015,48839.866.75$104,561
Nov 2004015,22545.286.33$96,381
Oct 2004018,55549.706.52$120,888
Sep 2004019,11543.245.28$101,002
Aug 2004020,50142.375.55$113,794
Jul 2004017,34238.286.08$105,512
Jun 2004026,55236.106.43$170,810
May 2004028,81937.486.49$187,167
Apr 2004248,58734.475.86$284,714
Mar 2004016,43234.365.53$90,871

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                  473 Mcf  × $  3.05 =     $1,441

────────────────────────────────────────────────────
Month total                                   $1,441

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/203979 is the state's own key, not one this site invented.