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 203982District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jul 2004 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
263
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 Gas112004-11-12158986
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
CondensateDisposition76 bbl$3,976
GasProduction866,424 Mcf$5,286,374
Total$5,290,351

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 31.7643, -96.0739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76425, -96.07393 · 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
12,820 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 12,820 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-16132976412,820 ftJul 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 (263)

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

263 months

May 20260189106.413.05$576
Apr 2026027098.932.87$775
Mar 2026055789.753.15$1,754
Feb 2026030463.503.75$1,140
Jan 2026053959.138.00$4,311
Dec 2025071356.664.41$3,147
Nov 2025021058.593.93$825
Oct 2025034459.383.30$1,137
Sep 2025035662.743.08$1,095
Aug 2025035063.933.01$1,055
Jul 2025037266.743.32$1,233
Jun 2025030366.483.13$948
May 2025025760.553.23$831
Apr 2025033162.363.54$1,173
Mar 2025035767.704.27$1,524
Feb 2025038270.884.34$1,658
Jan 2025046474.324.28$1,985
Dec 2024036568.993.12$1,139
Nov 2024042069.052.20$923
Oct 2024042071.372.28$958
Sep 2024040369.612.36$953
Aug 2024036775.632.06$757
Jul 2024031179.932.15$668
Jun 202401,50278.082.63$3,956
May 20240078.812.20$0
Apr 2024038184.451.66$632
Mar 2024044880.301.55$692
Feb 2024045876.091.78$817
Jan 2024056873.023.30$1,873
Dec 2023042971.262.61$1,120
Nov 2023073477.892.81$2,061
Oct 202301,65985.443.09$5,122
Sep 202301,29689.042.74$3,545
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 2023042675.112.47$1,050
Jan 2023042076.533.39$1,423
Dec 2022075276.415.73$4,308
Nov 2022049785.005.65$2,806
Oct 2022072787.185.86$4,263
Sep 2022074084.888.16$6,041
Aug 2022078494.529.13$7,156
Jul 20220487101.587.54$3,673
Jun 20220606115.097.98$4,834
May 20220819109.378.43$6,907
Apr 202201,011104.226.84$6,913
Mar 202201,309108.885.08$6,645
Feb 2022041291.054.86$2,002
Jan 2022076981.844.54$3,489
Dec 2021091271.323.90$3,556
Nov 2021082277.435.24$4,305
Oct 2021080979.795.71$4,623
Sep 2021084669.865.35$4,527
Aug 2021063066.024.22$2,659
Jul 2021040270.783.98$1,601
Jun 2021047769.493.38$1,613
May 2021067563.483.02$2,037
Apr 202101,83560.362.76$5,062
Mar 202101,27261.302.72$3,456
Feb 202101,04757.805.55$5,809
Jan 202102,15250.412.81$6,048
Dec 202001,83644.642.68$4,912
Nov 2020060938.772.71$1,648
Oct 2020057136.972.48$1,415
Sep 202001,95337.091.99$3,889
Aug 202001,45239.982.39$3,463
Jul 2020050338.371.83$918
Jun 2020086934.901.69$1,469
May 202002,37616.921.81$4,312
Apr 202001,87814.751.80$3,389
Mar 2020044030.341.86$817
Feb 2020037049.881.98$733
Jan 2020054957.252.09$1,150
Dec 2019058459.012.30$1,346
Nov 2019096355.302.75$2,649
Oct 2019087653.472.42$2,119
Sep 201901,34755.052.66$3,579
Aug 2019086353.112.30$1,989
Jul 2019030356.272.46$745
Jun 2019065652.782.49$1,634
May 2019095558.482.74$2,617
Apr 2019088462.632.75$2,432
Mar 2019080656.803.06$2,468
Feb 2019065750.852.79$1,834
Jan 201909746.033.23$313
Dec 2018068546.594.19$2,867
Nov 2018054052.934.24$2,288
Oct 2018072861.443.40$2,474
Sep 2018082159.543.11$2,552
Aug 2018097959.403.07$3,002
Jul 2018019165.142.93$560
Jun 2018057660.183.08$1,772
May 2018092965.382.90$2,695
Apr 201801,39863.842.90$4,055
Mar 2018042461.222.79$1,182
Feb 2018091761.782.77$2,537
Jan 2018056462.874.01$2,261
Dec 2017044657.272.92$1,303
Nov 201701,07455.423.12$3,349
Oct 2017040749.292.98$1,214
Sep 2017054347.523.09$1,676
Aug 2017088545.373.00$2,659
Jul 2017093643.873.09$2,890
Jun 2017089442.493.09$2,760
May 201701,22245.373.26$3,988
Apr 2017050647.933.21$1,625
Mar 2017082746.772.98$2,468
Feb 2017043650.452.95$1,287
Jan 201701,02649.413.42$3,508
Dec 2016094448.763.72$3,514
Nov 201601,06342.492.64$2,811
Oct 201601,29446.193.09$3,999
Sep 2016056541.553.10$1,752
Aug 201601,38441.442.92$4,047
Jul 2016074741.622.92$2,184
Jun 2016075445.352.69$2,025
May 201601,84342.521.99$3,669
Apr 201601,60436.561.99$3,194
Mar 2016076633.011.79$1,374
Feb 201601,81926.472.06$3,754
Jan 2016073227.352.36$1,731
Dec 2015035432.362.00$709
Nov 201501,06538.792.17$2,308
Oct 201501,38343.552.43$3,356
Sep 2015038742.992.76$1,068
Aug 2015038040.162.87$1,092
Jul 2015029348.152.95$863
Jun 2015029356.152.88$845
May 2015052255.212.96$1,543
Apr 201501,00149.822.71$2,709
Mar 2015033042.892.93$968
Feb 2015036844.662.98$1,095
Jan 201501,38043.433.10$4,279
Dec 2014078254.693.59$2,808
Nov 2014094770.464.25$4,026
Oct 201401,06278.303.90$4,143
Sep 2014086286.164.05$3,487
Aug 201401,38889.394.04$5,601
Jul 201401,38096.564.18$5,768
Jun 201401,66098.164.74$7,863
May 201402,72794.734.73$12,889
Apr 201401,70195.944.81$8,180
Mar 201401,99495.895.06$10,083
Feb 201401,71297.406.19$10,601
Jan 201402,60690.404.86$12,667
Dec 201302,92691.824.35$12,741
Nov 201302,07688.853.74$7,761
Oct 201301,90397.423.78$7,192
Sep 201301,612104.113.72$5,993
Aug 201302,146104.253.52$7,560
Jul 201302,210102.523.72$8,216
Jun 201301,70094.403.93$6,687
May 201312,42594.834.15$10,156
Apr 201302,05793.964.28$8,809
Mar 201302,68393.623.91$10,498
Feb 201302,14191.233.42$7,322
Jan 201312,65791.603.42$9,178
Dec 201202,77086.773.42$9,474
Nov 201202,29186.953.62$8,305
Oct 201202,52289.383.40$8,574
Sep 201202,28794.672.92$6,674
Aug 201202,43592.662.91$7,081
Jul 201202,75085.133.02$8,307
Jun 201202,65779.822.52$6,693
May 201202,92691.612.49$7,281
Apr 201203,209101.652.00$6,408
Mar 201203,133105.052.22$6,962
Feb 201203,043101.102.57$7,821
Jan 201202,11798.092.73$5,788
Dec 201102,99896.873.24$9,713
Nov 201103,20495.723.31$10,609
Oct 201103,00584.983.65$10,964
Sep 201103,06983.623.99$12,232
Aug 201102,72783.404.15$11,315
Jul 201122,88894.144.52$13,234
Jun 201113,21992.904.64$15,029
May 201103,17098.134.40$13,963
Apr 201102,786105.964.33$12,073
Mar 201103,48096.364.06$14,120
Feb 201103,25885.644.18$13,618
Jan 201103,22786.504.59$14,808
Dec 201003,10985.734.35$13,517
Nov 201013,51780.843.80$13,429
Oct 201003,49978.103.51$12,278
Sep 201012,96372.633.98$11,864
Aug 201003,78573.684.42$16,727
Jul 201034,02772.554.74$19,292
Jun 201003,58470.364.91$17,599
May 201003,73371.124.24$15,810
Apr 201004,00181.694.12$16,495
Mar 201003,45178.394.39$15,145
Feb 201003,50173.585.44$19,054
Jan 201004,34074.365.96$25,884
Dec 200905,00971.445.48$27,468
Nov 200901,53474.593.75$5,755
Oct 200902,46072.544.11$10,111
Sep 200904,43965.543.06$13,604
Aug 200915,18267.423.22$16,746
Jul 200904,88661.133.46$16,928
Jun 200905,22266.163.90$20,340
May 200906,23554.743.93$24,477
Apr 200907,48646.773.59$26,856
Mar 200902,72542.144.06$11,061
Feb 200904,47132.814.63$20,714
Jan 200904,91635.865.37$26,404
Dec 200804,48437.105.98$26,802
Nov 200804,93155.496.86$33,828
Oct 200805,61275.246.92$38,846
Sep 200802,795101.767.88$22,016
Aug 200814,282114.228.48$36,439
Jul 200803,812131.0811.39$43,417
Jun 200805,088131.3313.03$66,310
May 200803,829123.1711.57$44,318
Apr 200803,922110.3110.45$41,004
Mar 200805,751101.909.66$55,578
Feb 200803,42092.538.77$29,995
Jan 200815,11390.388.21$42,046
Dec 200716,14088.337.30$44,922
Nov 200705,42891.677.29$39,579
Oct 200705,86882.856.92$40,618
Sep 200707,13075.846.24$44,521
Aug 200706,51569.066.39$41,617
Jul 200716,57470.906.39$42,065
Jun 200715,30562.007.55$40,107
May 200716,05058.747.85$47,529
Apr 200716,63959.617.81$51,878
Mar 200717,16856.927.30$52,397
Feb 200705,45155.108.22$44,785
Jan 200706,77850.306.73$45,595
Dec 200608,13856.656.92$56,302
Nov 200659,36454.207.62$71,601
Oct 200605,37354.906.01$32,312
Sep 200608,08860.085.04$40,741
Aug 200607,57968.717.34$55,629
Jul 200607,96669.376.34$50,526
Jun 200606,51466.286.38$41,585
May 200618,53966.016.42$54,929
Apr 200618,43264.397.36$62,128
Mar 2006010,08556.707.08$71,431
Feb 200607,94057.597.75$61,544
Jan 2006012,29860.598.93$109,862
Dec 2005011,55454.9413.42$155,002
Nov 200519,98254.6910.59$105,748
Oct 2005011,26358.3413.80$155,382
Sep 2005011,72261.4512.08$141,590
Aug 2005012,31361.519.80$120,628
Jul 2005012,67555.697.84$99,418
Jun 2005012,93252.337.38$95,452
May 2005013,32945.226.65$88,653
Apr 2005013,98049.207.36$102,900
Mar 2005015,05350.377.15$107,702
Feb 2005015,49445.226.31$97,797
Jan 2005117,36143.166.32$109,803
Dec 2004020,33139.866.75$137,256
Nov 2004017,05045.286.33$107,934
Oct 2004925,14349.706.52$164,256
Sep 2004624,83743.245.28$131,496
Aug 2004037,05842.375.55$205,696
Jul 20043344,02438.286.08$269,113

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                  189 Mcf  × $  3.05 =       $576

────────────────────────────────────────────────────
Month total                                     $576

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/203982 is the state's own key, not one this site invented.