LEWIS "B"

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 207003District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.8 M
Mar 2004 – May 2026
Value, last 12 filed months
$47 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 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 Gas112005-05-18160526
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
CondensateDisposition1,440 bbl$92,887
GasProduction4,045,552 Mcf$24,688,225
Total$24,781,112

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 31.3788, -96.2680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37881, -96.26797 · 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
14,980 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 14,980 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-28931380314,980 ftJun 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202608589.753.15$268
Feb 20260063.503.75$0
Jan 202607759.138.00$616
Dec 2025076656.664.41$3,381
Nov 2025212,60858.593.93$11,471
Oct 202501,13859.383.30$3,761
Sep 202503,69962.743.08$11,382
Aug 202501,71363.933.01$5,164
Jul 2025060766.743.32$2,012
Jun 202512,73866.483.13$8,633
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 20237071.262.61$499
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 202316070.622.23$1,130
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023070175.112.47$1,728
Jan 202302,18276.533.39$7,392
Dec 202202,57776.415.73$14,764
Nov 2022211,14385.005.65$8,239
Oct 202201,04287.185.86$6,110
Sep 202202,41884.888.16$19,740
Aug 202202,50894.529.13$22,891
Jul 202205,154101.587.54$38,872
Jun 2022211,904115.097.98$17,605
May 202202,453109.378.43$20,686
Apr 202202,915104.226.84$19,932
Mar 202204,603108.885.08$23,367
Feb 202205,43591.054.86$26,408
Jan 202203,93781.844.54$17,865
Dec 202132,62471.323.90$10,445
Nov 202103,51877.435.24$18,423
Oct 202106,55679.795.71$37,460
Sep 202106,84469.865.35$36,622
Aug 202108,73866.024.22$36,880
Jul 202102,80270.783.98$11,158
Jun 202181,65469.493.38$6,147
May 202106,03863.483.02$18,221
Apr 202106,04560.362.76$16,675
Mar 2021218,34861.302.72$23,968
Feb 202101,99457.805.55$11,063
Jan 202101,72150.412.81$4,836
Dec 202001,85744.642.68$4,968
Nov 202002,62638.772.71$7,107
Oct 202001,75836.972.48$4,357
Sep 202008,43537.091.99$16,794
Aug 2020272,71439.982.39$7,553
Jul 202001138.371.83$20
Jun 202002434.901.69$41
May 202002,56016.921.81$4,646
Apr 202002,93514.751.80$5,296
Mar 2020254,52230.341.86$9,152
Feb 202004,96549.881.98$9,834
Jan 2020012,54657.252.09$26,281
Dec 2019018,65859.012.30$42,995
Nov 2019255,21055.302.75$15,714
Oct 201903,93453.472.42$9,515
Sep 201985,67755.052.66$15,526
Aug 201907,01053.112.30$16,154
Jul 201905,72256.272.46$14,076
Jun 201972,56752.782.49$6,764
May 201904,79158.482.74$13,129
Apr 2019043662.632.75$1,199
Mar 2019776156.803.06$2,728
Feb 201983,35250.852.79$9,766
Jan 201901,08446.033.23$3,499
Dec 2018123,42046.594.19$14,873
Nov 201802,86452.934.24$12,135
Oct 201803,14261.443.40$10,677
Sep 201803,96559.543.11$12,323
Aug 201845,10459.403.07$15,889
Jul 2018102,33465.142.93$7,494
Jun 201874,41860.183.08$14,015
May 201803,42765.382.90$9,941
Apr 201803,39163.842.90$9,837
Mar 201841,73761.222.79$5,086
Feb 201802,01461.782.77$5,571
Jan 201843,08662.874.01$12,624
Dec 201702,87757.272.92$8,405
Nov 201705,31355.423.12$16,568
Oct 201705,75849.292.98$17,180
Sep 201717,02447.523.09$21,733
Aug 201704,30245.373.00$12,925
Jul 201704,21343.873.09$13,007
Jun 201705,77042.493.09$17,814
May 201716,00745.373.26$19,649
Apr 201706,04647.933.21$19,417
Mar 201726,56546.772.98$19,681
Feb 201726,88250.452.95$20,421
Jan 201737,16449.413.42$24,641
Dec 201647,10948.763.72$26,661
Nov 201606,55342.492.64$17,328
Oct 201607,77146.193.09$24,014
Sep 201608,20341.553.10$25,434
Aug 201609,23641.442.92$27,009
Jul 201609,80941.622.92$28,685
Jun 201607,15245.352.69$19,209
May 201606,43542.521.99$12,812
Apr 201628,28736.561.99$16,573
Mar 201608,06433.011.79$14,467
Feb 201678,80526.472.06$18,356
Jan 201624,03827.352.36$9,602
Dec 201544,49332.362.00$9,122
Nov 201537,81038.792.17$17,043
Oct 201539,91243.552.43$24,183
Sep 2015011,88442.992.76$32,781
Aug 2015014,62640.162.87$42,013
Jul 2015014,44248.152.95$42,533
Jun 201504,04556.152.88$11,661
May 20150055.212.96$0
Apr 2015044349.822.71$1,199
Mar 2015029542.892.93$866
Feb 2015017244.662.98$512
Jan 2015012043.433.10$372
Dec 2014154,21954.693.59$15,972
Nov 2014111,38570.464.25$48,478
Oct 2014012,46978.303.90$48,641
Sep 2014012,17386.164.05$49,245
Aug 201417010,70689.394.04$58,396
Jul 2014010,60896.564.18$44,337
Jun 2014010,83798.164.74$51,334
May 2014010,46794.734.73$49,473
Apr 2014011,12795.944.81$53,511
Mar 2014011,10595.895.06$56,156
Feb 201408,97897.406.19$55,592
Jan 2014012,29790.404.86$59,772
Dec 2013012,28491.824.35$53,490
Nov 2013012,70488.853.74$47,491
Oct 2013014,67397.423.78$55,455
Sep 2013015,701104.113.72$58,372
Aug 2013013,967104.253.52$49,200
Jul 2013016,846102.523.72$62,629
Jun 201305,96094.403.93$23,443
May 201309,80094.834.15$40,661
Apr 2013117,75093.964.28$76,110
Mar 2013612,25393.623.91$48,506
Feb 201317,45991.233.42$25,600
Jan 2013027791.603.42$947
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201204789.383.40$160
Sep 20120094.672.92$0
Aug 2012071892.662.91$2,088
Jul 201204585.133.02$136
Jun 2012066779.822.52$1,680
May 201209591.612.49$236
Apr 201202,296101.652.00$4,585
Mar 2012010,690105.052.22$23,754
Feb 2012012,647101.102.57$32,506
Jan 2012015,80498.092.73$43,209
Dec 201109,73496.873.24$31,536
Nov 201101,77595.723.31$5,878
Oct 201105,09584.983.65$18,589
Sep 2011012,64583.623.99$50,400
Aug 2011014,44783.404.15$59,945
Jul 201109,54494.144.52$43,113
Jun 201107,91392.904.64$36,715
May 201108,69998.134.40$38,318
Apr 2011112,627105.964.33$54,822
Mar 2011014,06996.364.06$57,083
Feb 2011111,88185.644.18$49,748
Jan 2011014,77586.504.59$67,799
Dec 2010316,01085.734.35$69,865
Nov 2010816,18780.843.80$62,082
Oct 2010517,44978.103.51$61,617
Sep 20101712,12972.633.98$49,502
Aug 2010213,07973.684.42$57,948
Jul 20101517,22372.554.74$82,665
Jun 20101318,41470.364.91$91,335
May 20102019,65771.124.24$84,674
Apr 20102119,15281.694.12$80,673
Mar 20102720,80878.394.39$93,436
Feb 2010416,61473.585.44$90,714
Jan 20102716,48874.365.96$100,344
Dec 20092120,36271.445.48$113,160
Nov 20091319,40574.593.75$73,768
Oct 2009101,78672.544.11$8,066
Sep 2009217,01165.543.06$52,266
Aug 20091720,32967.423.22$66,575
Jul 20092616,82061.133.46$59,862
Jun 20091014,64766.163.90$57,712
May 2009021,05954.743.93$82,672
Apr 2009019,38946.773.59$69,558
Mar 20093321,81842.144.06$89,950
Feb 20092522,43532.814.63$104,762
Jan 20092019,78135.865.37$106,961
Dec 20083025,06637.105.98$150,936
Nov 20081925,92455.496.86$178,902
Oct 20083116,79975.246.92$118,615
Sep 20082724,465101.767.88$195,461
Aug 20081225,598114.228.48$218,519
Jul 2008128,669131.0811.39$326,655
Jun 2008026,902131.3313.03$350,604
May 2008026,565123.1711.57$307,471
Apr 2008025,172110.3110.45$263,170
Mar 2008027,696101.909.66$267,656
Feb 2008023,42992.538.77$205,486
Jan 2008029,65190.388.21$243,308
Dec 2007015,69388.337.30$114,590
Nov 2007017,13091.677.29$124,907
Oct 2007026,17282.856.92$181,162
Sep 2007028,00775.846.24$174,880
Aug 2007029,85469.066.39$190,706
Jul 2007026,78570.906.39$171,101
Jun 2007028,12062.007.55$212,262
May 2007030,60658.747.85$240,143
Apr 2007027,44859.617.81$214,237
Mar 2007032,69056.927.30$238,701
Feb 2007032,49755.108.22$266,995
Jan 2007042,00150.306.73$282,534
Dec 2006037,25356.656.92$257,733
Nov 2006332,15754.207.62$245,118
Oct 20063441,57854.906.01$251,908
Sep 20068236,63560.085.04$189,464
Aug 20062341,79668.717.34$308,360
Jul 20066246,96669.376.34$302,195
Jun 2006042,89666.286.38$273,843
May 2006047,26866.016.42$303,697
Apr 2006046,22864.397.36$340,260
Mar 2006952,04356.707.08$369,127
Feb 20067812,87357.597.75$104,272
Jan 20065516,15660.598.93$147,659
Dec 2005029,52754.9413.42$396,117
Nov 2005067,36654.6910.59$713,298
Oct 2005019,28458.3413.80$266,037
Sep 2005040,23161.4512.08$485,950
Aug 2005078,16761.519.80$765,790
Jul 2005064,81455.697.84$508,378
Jun 2005085,78852.337.38$633,205
May 2005080,75645.226.65$537,121
Apr 20057844,38849.207.36$330,555
Mar 2005073,10250.377.15$523,036
Feb 2005098,82745.226.31$623,788
Jan 200551102,23243.166.32$648,532
Dec 2004036,77639.866.75$248,278
Nov 2004043,77445.286.33$277,108
Oct 2004097,74249.706.52$636,799
Sep 20040137,34043.245.28$725,691
Aug 20040185,25242.375.55$1,028,271
Jul 2004082,56838.286.08$502,359
Jun 2004091,76536.106.43$590,326
May 2004021,96637.486.49$142,660
Apr 2004317,29834.475.86$101,443
Mar 20046119,52434.365.53$661,191

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   85 Mcf  × $  3.15 =       $268

────────────────────────────────────────────────────
Month total                                     $268

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/207003 is the state's own key, not one this site invented.