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 205805District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Apr 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
266
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 Gas112005-04-29159760
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
CondensateDisposition6,092 bbl$315,717
GasProduction1,413,443 Mcf$9,034,623
Total$9,350,340

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 31.4894, -96.2523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48938, -96.25231 · 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
13,095 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 13,095 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161326791113,095 ftMar 2006

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 (266)

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

266 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 20250067.704.27$0
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 20230078.122.24$0
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 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021041561.302.72$1,128
Feb 2021036357.805.55$2,014
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020017349.881.98$343
Jan 2020012857.252.09$268
Dec 2019010359.012.30$237
Nov 2019014655.302.75$402
Oct 2019019253.472.42$464
Sep 2019012555.052.66$332
Aug 201906553.112.30$150
Jul 2019242456.272.46$1,156
Jun 2019349952.782.49$1,401
May 2019064058.482.74$1,754
Apr 2019022062.632.75$605
Mar 2019041256.803.06$1,262
Feb 2019068450.852.79$1,910
Jan 2019089946.033.23$2,902
Dec 2018087946.594.19$3,679
Nov 2018187352.934.24$3,752
Oct 2018059161.443.40$2,008
Sep 2018077159.543.11$2,396
Aug 2018362259.403.07$2,086
Jul 201801,06665.142.93$3,125
Jun 201801,08460.183.08$3,335
May 2018182965.382.90$2,470
Apr 2018080763.842.90$2,341
Mar 2018095961.222.79$2,673
Feb 2018290061.782.77$2,613
Jan 2018071462.874.01$2,863
Dec 2017088057.272.92$2,571
Nov 2017055055.423.12$1,715
Oct 2017253549.292.98$1,695
Sep 2017071547.523.09$2,207
Aug 2017079345.373.00$2,382
Jul 2017098343.873.09$3,035
Jun 2017285042.493.09$2,709
May 2017285145.373.26$2,868
Apr 201701,53347.933.21$4,923
Mar 201711,00046.772.98$3,030
Feb 201701,02450.452.95$3,023
Jan 2017196349.413.42$3,342
Dec 201601,16548.763.72$4,337
Nov 201601,15542.492.64$3,054
Oct 201601,03746.193.09$3,205
Sep 201671,52941.553.10$5,032
Aug 201601,71641.442.92$5,018
Jul 201601,36541.622.92$3,992
Jun 2016184545.352.69$2,315
May 201601,62842.521.99$3,241
Apr 201611,31636.561.99$2,657
Mar 201601,27633.011.79$2,289
Feb 2016178826.472.06$1,653
Jan 2016147927.352.36$1,160
Dec 201501,33732.362.00$2,676
Nov 201501,72138.792.17$3,730
Oct 201502,52243.552.43$6,120
Sep 2015017142.992.76$472
Aug 201501,36540.162.87$3,921
Jul 201502,57948.152.95$7,595
Jun 201504,87356.152.88$14,048
May 201502,74955.212.96$8,125
Apr 2015060349.822.71$1,632
Mar 201501,56242.892.93$4,584
Feb 201501,49244.662.98$4,440
Jan 2015034043.433.10$1,054
Dec 201402,89554.693.59$10,397
Nov 201401,36870.464.25$5,817
Oct 201412,13378.303.90$8,399
Sep 201401,03486.164.05$4,183
Aug 201401,84089.394.04$7,425
Jul 201401,91596.564.18$8,004
Jun 201402,10598.164.74$9,971
May 201402,18094.734.73$10,304
Apr 201404,09995.944.81$19,713
Mar 201403,80995.895.06$19,261
Feb 201401,74097.406.19$10,774
Jan 201403,85590.404.86$18,738
Dec 2013145891.824.35$2,086
Nov 2013378288.853.74$3,190
Oct 201332,65197.423.78$10,311
Sep 201303,055104.113.72$11,358
Aug 201334,798104.253.52$17,214
Jul 201302,512102.523.72$9,339
Jun 201355,14794.403.93$20,717
May 201303,15794.834.15$13,099
Apr 201312,47993.964.28$10,711
Mar 201301,76193.623.91$6,891
Feb 201301,06691.233.42$3,646
Jan 2013193691.603.42$3,293
Dec 201212,58886.773.42$8,938
Nov 201203,07086.953.62$11,129
Oct 201212,36189.383.40$8,116
Sep 201206,31494.672.92$18,427
Aug 201205,54592.662.91$16,126
Jul 201205,04585.133.02$15,240
Jun 201204,02079.822.52$10,127
May 201204,18891.612.49$10,421
Apr 201203,614101.652.00$7,216
Mar 201205,173105.052.22$11,495
Feb 201202,451101.102.57$6,300
Jan 201204,01698.092.73$10,980
Dec 201101,39096.873.24$4,503
Nov 201102,52095.723.31$8,344
Oct 201105,06984.983.65$18,494
Sep 201105,23283.623.99$20,854
Aug 201101,00983.404.15$4,187
Jul 201103,73894.144.52$16,885
Jun 201115,00092.904.64$23,292
May 201105,75498.134.40$25,345
Apr 201126,423105.964.33$28,045
Mar 201105,22196.364.06$21,183
Feb 201155,94485.644.18$25,274
Jan 201134,00386.504.59$18,628
Dec 201024,33785.734.35$19,028
Nov 201014,48480.843.80$17,099
Oct 201025,43278.103.51$19,216
Sep 201044,55472.633.98$18,413
Aug 201065,46573.684.42$24,594
Jul 201092,54172.554.74$12,688
Jun 201005,11870.364.91$25,131
May 201046,92671.124.24$29,618
Apr 201047,48681.694.12$31,189
Mar 201026,93778.394.39$30,601
Feb 201033,62673.585.44$19,955
Jan 201022,00674.365.96$12,113
Dec 200902,84771.445.48$15,612
Nov 200911,74774.593.75$6,628
Oct 200901,99672.544.11$8,204
Sep 200905,09365.543.06$15,609
Aug 200917,41967.423.22$23,945
Jul 200908,02961.133.46$27,816
Jun 200927,62166.163.90$29,816
May 200926,90554.743.93$27,217
Apr 200939,44546.773.59$34,024
Mar 200961,99742.144.06$8,359
Feb 200946,74832.814.63$31,395
Jan 200987,45735.865.37$40,338
Dec 200808,59437.105.98$51,368
Nov 200803,29655.496.86$22,612
Oct 200804,04475.246.92$27,992
Sep 200807,776101.767.88$61,252
Aug 200805,917114.228.48$50,194
Jul 200801,333131.0811.39$15,182
Jun 200807,087131.3313.03$92,362
May 200807,593123.1711.57$87,884
Apr 200805,874110.3110.45$61,412
Mar 200807,063101.909.66$68,257
Feb 2008010,33692.538.77$90,653
Jan 2008011,25490.388.21$92,347
Dec 2007011,41488.337.30$83,345
Nov 2007010,83691.677.29$79,013
Oct 2007012,34282.856.92$85,431
Sep 2007013,17375.846.24$82,254
Aug 2007013,47469.066.39$86,071
Jul 2007018,67670.906.39$119,301
Jun 2007021,77362.007.55$164,352
May 2007017,22058.747.85$135,113
Apr 2007013,60259.617.81$106,166
Mar 2007012,27556.927.30$89,632
Feb 2007015,84155.108.22$130,150
Jan 2007015,83150.306.73$106,493
Dec 200609,62456.656.92$66,583
Nov 2006011,77454.207.62$89,688
Oct 2006013,11854.906.01$78,889
Sep 2006012,34360.085.04$62,174
Aug 2006014,83868.717.34$108,910
Jul 2006015,22269.376.34$96,549
Jun 2006014,03766.286.38$89,611
May 2006018,00566.016.42$115,682
Apr 2006019,63564.397.36$144,523
Mar 2006022,69356.707.08$160,733
Feb 2006020,28357.597.75$157,216
Jan 2006024,52260.598.93$219,063
Dec 2005725,89754.9413.42$347,803
Nov 2005221,06154.6910.59$223,112
Oct 200576,29858.3413.80$87,294
Sep 2005285,77861.4512.08$71,513
Aug 200591018,01161.519.80$232,425
Jul 20051,09520,68755.697.84$223,242
Jun 200589521,59652.337.38$206,236
May 20051,62429,62145.226.65$270,451
Apr 200589730,02049.207.36$265,094
Mar 200515428,51650.377.15$211,786
Feb 20055131,46445.226.31$200,904
Jan 20056933,63643.166.32$215,632
Dec 20044831,36139.866.75$213,634
Nov 20047033,93445.286.33$217,986
Oct 20048838,03049.706.52$252,143
Sep 2004640,57543.245.28$214,654
Aug 2004042,53742.375.55$236,108
Jul 20041267,59838.286.08$411,738
Jun 2004042,21936.106.43$271,596
May 2004038,56837.486.49$250,483
Apr 200407,76634.475.86$45,497

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.30 =         $0
Gas                  415 Mcf  × $  2.72 =     $1,128

────────────────────────────────────────────────────
Month total                                   $1,128

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/205805 is the state's own key, not one this site invented.