GRIZZLY

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the FARRAR (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205275District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.8 M
Jul 2004 – May 2026
Value, last 12 filed months
$23 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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112005-05-03159357
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
CondensateDisposition557 bbl$39,845
GasProduction2,997,234 Mcf$19,768,653
Total$19,808,498

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 31.3803, -96.2737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38033, -96.27372 · 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
14,950 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 14,950 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-28931393114,950 ftOct 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 20260442106.413.05$1,346
Apr 2026074698.932.87$2,141
Mar 2026075089.753.15$2,362
Feb 2026019863.503.75$743
Jan 2026029259.138.00$2,335
Dec 2025055956.664.41$2,467
Nov 2025044058.593.93$1,728
Oct 2025056059.383.30$1,851
Sep 2025064462.743.08$1,982
Aug 2025069363.933.01$2,089
Jul 2025060666.743.32$2,009
Jun 2025067166.483.13$2,099
May 2025081460.553.23$2,631
Apr 2025035662.363.54$1,261
Mar 2025024767.704.27$1,054
Feb 2025016570.884.34$716
Jan 2025058874.324.28$2,516
Dec 2024091668.993.12$2,859
Nov 202401,05169.052.20$2,311
Oct 2024033371.372.28$760
Sep 202404769.612.36$111
Aug 2024038175.632.06$786
Jul 2024018679.932.15$399
Jun 202401,30778.082.63$3,443
May 20240078.812.20$0
Apr 202429084.451.66$2,449
Mar 202402,78280.301.55$4,299
Feb 202402,99676.091.78$5,344
Jan 202403,12573.023.30$10,305
Dec 202303,43171.262.61$8,957
Nov 202303,03877.892.81$8,529
Oct 202302,35685.443.09$7,274
Sep 202302,41589.042.74$6,605
Aug 202302,54180.522.67$6,792
Jul 202301,86974.852.64$4,938
Jun 202301,84668.962.26$4,169
May 202301,66270.622.23$3,702
Apr 202301,34978.122.24$3,019
Mar 202301,38072.852.39$3,303
Feb 202301,70375.112.47$4,199
Jan 202301,63776.533.39$5,546
Dec 202202,18576.415.73$12,518
Nov 202201,86985.005.65$10,553
Oct 202202,02687.185.86$11,880
Sep 202202,63684.888.16$21,519
Aug 202202,81494.529.13$25,684
Jul 202203,053101.587.54$23,026
Jun 202202,946115.097.98$23,501
May 202207,973109.378.43$67,237
Apr 202204,918104.226.84$33,627
Mar 202203,952108.885.08$20,062
Feb 202201,73391.054.86$8,420
Jan 202203,05181.844.54$13,844
Dec 202102,79271.323.90$10,886
Nov 202102,21477.435.24$11,594
Oct 202102,63179.795.71$15,033
Sep 202102,39269.865.35$12,799
Aug 202102,83166.024.22$11,948
Jul 202101,45070.783.98$5,774
Jun 2021081469.493.38$2,752
May 2021055663.483.02$1,678
Apr 2021074660.362.76$2,058
Mar 202101,31561.302.72$3,573
Feb 202101,99357.805.55$11,057
Jan 2021060550.412.81$1,700
Dec 202001,06944.642.68$2,860
Nov 2020052738.772.71$1,426
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020046049.881.98$911
Jan 2020029557.252.09$618
Dec 2019038159.012.30$878
Nov 2019312255.302.75$501
Oct 2019015953.472.42$385
Sep 2019032755.052.66$869
Aug 2019067353.112.30$1,551
Jul 2019039656.272.46$974
Jun 2019061552.782.49$1,532
May 2019055258.482.74$1,513
Apr 2019053862.632.75$1,480
Mar 2019063056.803.06$1,929
Feb 2019030050.852.79$838
Jan 2019039746.033.23$1,282
Dec 2018010246.594.19$427
Nov 2018018952.934.24$801
Oct 2018018361.443.40$622
Sep 2018028959.543.11$898
Aug 2018043159.403.07$1,322
Jul 2018029165.142.93$853
Jun 2018017660.183.08$542
May 2018021365.382.90$618
Apr 2018013363.842.90$386
Mar 2018016761.222.79$465
Feb 201805461.782.77$149
Jan 201804762.874.01$188
Dec 2017025557.272.92$745
Nov 2017058955.423.12$1,837
Oct 201701,30249.292.98$3,885
Sep 201701,47147.523.09$4,541
Aug 201702,94045.373.00$8,833
Jul 201701,80343.873.09$5,566
Jun 201702,70342.493.09$8,345
May 201702,32245.373.26$7,578
Apr 2017024947.933.21$800
Mar 201706846.772.98$203
Feb 2017019350.452.95$570
Jan 2017097949.413.42$3,347
Dec 2016322,11648.763.72$9,438
Nov 2016045742.492.64$1,208
Oct 201603,15746.193.09$9,756
Sep 201604,15141.553.10$12,871
Aug 201613,46341.442.92$10,168
Jul 2016022941.622.92$670
Jun 201608645.352.69$231
May 2016041742.521.99$830
Apr 201602,45136.561.99$4,880
Mar 201604,76733.011.79$8,552
Feb 201613,97026.472.06$8,219
Jan 201612,71627.352.36$6,449
Dec 201504,64832.362.00$9,303
Nov 201516,62038.792.17$14,387
Oct 201516,08843.552.43$14,817
Sep 20150042.992.76$0
Aug 201501440.162.87$40
Jul 201507548.152.95$221
Jun 201503956.152.88$112
May 201501755.212.96$50
Apr 2015022949.822.71$620
Mar 201501,04642.892.93$3,070
Feb 201501,84244.662.98$5,482
Jan 201504,48343.433.10$13,900
Dec 201403,79354.693.59$13,622
Nov 201403,90170.464.25$16,586
Oct 201404,27278.303.90$16,665
Sep 201434,53586.164.05$18,605
Aug 201406,41089.394.04$25,865
Jul 201405,96696.564.18$24,935
Jun 201401,83198.164.74$8,673
May 2014043094.734.73$2,032
Apr 2014015895.944.81$760
Mar 2014374,63895.895.06$27,001
Feb 201404,25297.406.19$26,328
Jan 201405,69290.404.86$27,667
Dec 201303,18591.824.35$13,869
Nov 201303,29688.853.74$12,321
Oct 201302,31897.423.78$8,761
Sep 201303,361104.113.72$12,495
Aug 201302,564104.253.52$9,032
Jul 201309,183102.523.72$34,140
Jun 201304,40494.403.93$17,323
May 201301,04494.834.15$4,332
Apr 201305093.964.28$214
Mar 2013013993.623.91$544
Feb 201306,68991.233.42$22,876
Jan 201308,24091.603.42$28,180
Dec 201207,80986.773.42$26,708
Nov 201208,04586.953.62$29,163
Oct 2012359,66089.383.40$35,969
Sep 2012010,74994.672.92$31,370
Aug 2012011,67392.662.91$33,947
Jul 2012012,34285.133.02$37,283
Jun 201208,80179.822.52$22,170
May 2012011,94291.612.49$29,716
Apr 201202,314101.652.00$4,621
Mar 2012353,758105.052.22$12,027
Feb 2012010,994101.102.57$28,257
Jan 2012011,01498.092.73$30,113
Dec 2011012,42096.873.24$40,238
Nov 2011011,53295.723.31$38,186
Oct 2011012,33584.983.65$45,005
Sep 2011010,19883.623.99$40,647
Aug 2011011,02383.404.15$45,738
Jul 2011212,81994.144.52$58,095
Jun 2011015,77092.904.64$73,171
May 201108,08198.134.40$35,595
Apr 201108,421105.964.33$36,491
Mar 2011011,53496.364.06$46,797
Feb 201108,22485.644.18$34,376
Jan 201101,37286.504.59$6,296
Dec 2010010,05285.734.35$43,704
Nov 2010010,79980.843.80$40,986
Oct 20104213,70978.103.51$51,384
Sep 2010012,50872.633.98$49,775
Aug 2010014,84373.684.42$65,597
Jul 20102915,15872.554.74$73,900
Jun 2010114,50670.364.91$71,301
May 2010014,92071.124.24$63,189
Apr 2010014,97281.694.12$61,725
Mar 2010010,86778.394.39$47,692
Feb 201003973.585.44$212
Jan 2010012,79674.365.96$76,317
Dec 2009314,57771.445.48$80,151
Nov 2009016,38274.593.75$61,457
Oct 2009215,03072.544.11$61,922
Sep 2009212,95065.543.06$39,820
Aug 2009216,42367.423.22$52,992
Jul 2009016,02861.133.46$55,529
Jun 2009017,34166.163.90$67,543
May 2009019,16854.743.93$75,249
Apr 2009113,85146.773.59$49,737
Mar 2009127,69942.144.06$112,472
Feb 2009020,61632.814.63$95,514
Jan 2009023,04535.865.37$123,775
Dec 2008021,79737.105.98$130,284
Nov 2008013,92455.496.86$95,524
Oct 2008012,95075.246.92$89,640
Sep 2008011,797101.767.88$92,926
Aug 20081318,408114.228.48$157,640
Jul 2008016,929131.0811.39$192,812
Jun 2008018,492131.3313.03$240,999
May 2008021,827123.1711.57$252,632
Apr 2008021,582110.3110.45$225,637
Mar 2008020,427101.909.66$197,408
Feb 20081122,02292.538.77$194,164
Jan 20083621,83690.388.21$182,434
Dec 2007026,60788.337.30$194,284
Nov 2007023,60191.677.29$172,091
Oct 2007024,17382.856.92$167,325
Sep 2007023,87175.846.24$149,054
Aug 2007027,80069.066.39$177,585
Jul 2007027,83270.906.39$177,789
Jun 2007036,66162.007.55$276,734
May 2007033,70958.747.85$264,490
Apr 2007041,74059.617.81$325,789
Mar 2007031,38556.927.30$229,172
Feb 2007029,29355.108.22$240,671
Jan 2007032,90250.306.73$221,327
Dec 2006034,99456.656.92$242,104
Nov 2006330,78254.207.62$234,644
Oct 2006034,89754.906.01$209,864
Sep 2006033,07360.085.04$166,595
Aug 2006035,57268.717.34$261,096
Jul 2006037,49869.376.34$237,841
Jun 2006040,19066.286.38$256,568
May 2006040,75866.016.42$261,870
Apr 2006034,22264.397.36$251,890
Mar 2006033,13556.707.08$234,693
Feb 2006038,24857.597.75$296,465
Jan 2006052,34460.598.93$467,606
Dec 2005052,34454.9413.42$702,216
Nov 2005048,30954.6910.59$511,515
Oct 2005047,84258.3413.80$660,017
Sep 2005053,20461.4512.08$642,651
Aug 20056237,41161.519.80$370,323
Jul 2005039,01755.697.84$306,035
Jun 200516844,92852.337.38$340,407
May 2005047,28845.226.65$314,520
Apr 2005072,33649.207.36$532,428
Mar 2005072,65750.377.15$519,852
Feb 2005065,43745.226.31$413,033
Jan 2005084,63943.166.32$535,105
Dec 2004089,46239.866.75$603,965
Nov 2004098,31745.286.33$622,388
Oct 20040104,40849.706.52$680,229
Sep 2004067643.245.28$3,572
Aug 2004049,71442.375.55$275,946
Jul 2004096,21938.286.08$585,414

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                  442 Mcf  × $  3.05 =     $1,346

────────────────────────────────────────────────────
Month total                                   $1,346

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/205275 is the state's own key, not one this site invented.