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 207008District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.9 M
Nov 2004 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
259
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 Gas112005-05-18160579
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
CondensateDisposition551 bbl$42,113
GasProduction2,106,225 Mcf$12,857,707
Total$12,899,820

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 31.3763, -96.2798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37627, -96.27982 · 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
14,784 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 14,784 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-28931428314,784 ftSep 2015

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 (259)

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

259 months

May 20260348106.413.05$1,060
Apr 2026011598.932.87$330
Mar 2026020989.753.15$658
Feb 2026015963.503.75$596
Jan 2026039759.138.00$3,175
Dec 2025024256.664.41$1,068
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 2025015762.363.54$556
Mar 2025014267.704.27$606
Feb 202507370.884.34$317
Jan 2025044874.324.28$1,917
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 202449084.451.66$4,138
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023035371.262.61$922
Nov 2023047277.892.81$1,325
Oct 2023046085.443.09$1,420
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023011974.852.64$314
Jun 202304368.962.26$97
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023012275.112.47$301
Jan 2023011276.533.39$379
Dec 2022027176.415.73$1,553
Nov 2022020385.005.65$1,146
Oct 2022021387.185.86$1,249
Sep 2022025484.888.16$2,074
Aug 2022049894.529.13$4,545
Jul 20220789101.587.54$5,951
Jun 202201,222115.097.98$9,748
May 202201,243109.378.43$10,482
Apr 202202,065104.226.84$14,120
Mar 20220866108.885.08$4,396
Feb 202202,11391.054.86$10,267
Jan 202202,15081.844.54$9,756
Dec 202102,49571.323.90$9,728
Nov 202103,63577.435.24$19,036
Oct 202103,31079.795.71$18,913
Sep 202102,46269.865.35$13,174
Aug 202105,40766.024.22$22,821
Jul 202104,81570.783.98$19,174
Jun 202104,18569.493.38$14,148
May 202105,99963.483.02$18,103
Apr 202103,92660.362.76$10,830
Mar 202108,09061.302.72$21,980
Feb 202106,70157.805.55$37,177
Jan 202108,94750.412.81$25,143
Dec 202006,47944.642.68$17,334
Nov 2020016,88638.772.71$45,703
Oct 2020014,51636.972.48$35,977
Sep 2020014,66737.091.99$29,203
Aug 2020013,23339.982.39$31,562
Jul 2020010,31538.371.83$18,826
Jun 2020027,03634.901.69$45,699
May 2020020,04016.921.81$36,368
Apr 2020010,89114.751.80$19,652
Mar 202007,16230.341.86$13,294
Feb 202003,02449.881.98$5,990
Jan 2020039357.252.09$823
Dec 201901,02759.012.30$2,367
Nov 201901,96655.302.75$5,408
Oct 201906053.472.42$145
Sep 201901,41855.052.66$3,768
Aug 201901,55553.112.30$3,583
Jul 201901,90456.272.46$4,684
Jun 201902,52152.782.49$6,280
May 201902,41258.482.74$6,610
Apr 201901,74762.632.75$4,805
Mar 201901,71856.803.06$5,261
Feb 2019075050.852.79$2,094
Jan 201901,15546.033.23$3,729
Dec 2018021646.594.19$904
Nov 2018034652.934.24$1,466
Oct 2018056561.443.40$1,920
Sep 2018015959.543.11$494
Aug 2018050559.403.07$1,549
Jul 2018044065.142.93$1,290
Jun 2018036160.183.08$1,111
May 2018053665.382.90$1,555
Apr 2018086663.842.90$2,512
Mar 2018083661.222.79$2,330
Feb 2018043761.782.77$1,209
Jan 2018097662.874.01$3,913
Dec 201701,47857.272.92$4,318
Nov 201701,43055.423.12$4,459
Oct 201701,37449.292.98$4,100
Sep 201701,09447.523.09$3,377
Aug 201702,14245.373.00$6,435
Jul 201702,34743.873.09$7,246
Jun 201702,57542.493.09$7,950
May 201702,10445.373.26$6,866
Apr 201701,83447.933.21$5,890
Mar 201701,18846.772.98$3,545
Feb 201701,85050.452.95$5,462
Jan 201702,41349.413.42$8,250
Dec 2016512,84748.763.72$13,086
Nov 201603,28042.492.64$8,673
Oct 201602,71846.193.09$8,399
Sep 201602,42941.553.10$7,531
Aug 201603,24341.442.92$9,484
Jul 201604,37641.622.92$12,797
Jun 201604,93345.352.69$13,249
May 201602,88342.521.99$5,740
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016017826.472.06$367
Jan 2016022527.352.36$532
Dec 20150032.362.00$0
Nov 2015040138.792.17$869
Oct 2015031843.552.43$772
Sep 2015013142.992.76$361
Aug 2015022940.162.87$658
Jul 2015018148.152.95$533
Jun 2015034856.152.88$1,003
May 2015048055.212.96$1,419
Apr 2015027849.822.71$752
Mar 2015043242.892.93$1,268
Feb 2015015944.662.98$473
Jan 2015063843.433.10$1,978
Dec 2014022354.693.59$801
Nov 2014044170.464.25$1,875
Oct 2014057278.303.90$2,231
Sep 2014069886.164.05$2,824
Aug 201401,52089.394.04$6,133
Jul 201401,50296.564.18$6,278
Jun 201414,33198.164.74$20,614
May 2014020794.734.73$978
Apr 201401,59995.944.81$7,690
Mar 2014452,20195.895.06$15,445
Feb 201406,16797.406.19$38,186
Jan 201405,45490.404.86$26,510
Dec 2013048291.824.35$2,099
Nov 201303,33388.853.74$12,460
Oct 201303,80697.423.78$14,384
Sep 201302,138104.113.72$7,949
Aug 201302,305104.253.52$8,120
Jul 2013010,411102.523.72$38,705
Jun 201307,03594.403.93$27,672
May 201308,89694.834.15$36,910
Apr 201309,03693.964.28$38,697
Mar 2013010,46393.623.91$40,940
Feb 2013012,62791.233.42$43,183
Jan 201308,03091.603.42$27,462
Dec 201202,46186.773.42$8,417
Nov 2012096986.953.62$3,513
Oct 2012481,60589.383.40$9,747
Sep 201203,15194.672.92$9,196
Aug 201202,89492.662.91$8,416
Jul 201208,25385.133.02$24,931
Jun 201208,10179.822.52$20,407
May 201208,89491.612.49$22,131
Apr 2012010,673101.652.00$21,312
Mar 20123212,117105.052.22$30,287
Feb 201205,452101.102.57$14,013
Jan 201208,74098.092.73$23,896
Dec 201105,96596.873.24$19,325
Nov 2011011,02295.723.31$36,497
Oct 2011011,46684.983.65$41,834
Sep 2011010,96283.623.99$43,692
Aug 2011013,28783.404.15$55,132
Jul 201118,82894.144.52$39,972
Jun 201105,53992.904.64$25,700
May 2011018,56698.134.40$81,780
Apr 201107,241105.964.33$31,377
Mar 2011013,85996.364.06$56,231
Feb 201109,12285.644.18$38,130
Jan 2011011,31086.504.59$51,899
Dec 201004,70085.734.35$20,434
Nov 201009,40980.843.80$35,710
Oct 2010244,98478.103.51$19,363
Sep 201004,83472.633.98$19,237
Aug 201006,91073.684.42$30,538
Jul 2010317,95372.554.74$39,918
Jun 201007,87770.364.91$38,679
May 201007,61271.124.24$32,238
Apr 2010010,80081.694.12$44,525
Mar 201005,01178.394.39$21,992
Feb 201009,16373.585.44$49,868
Jan 2010011,89974.365.96$70,967
Dec 200915,91871.445.48$32,524
Nov 2009015,02774.593.75$56,374
Oct 2009111,43372.544.11$47,065
Sep 2009110,20465.543.06$31,338
Aug 2009110,41067.423.22$33,572
Jul 200908,89861.133.46$30,827
Jun 200908,95566.163.90$34,880
May 2009010,36654.743.93$40,694
Apr 2009011,15046.773.59$40,001
Mar 2009018,33442.144.06$74,418
Feb 2009012,64132.814.63$58,566
Jan 2009014,97335.865.37$80,420
Dec 2008014,43537.105.98$86,280
Nov 2008016,15655.496.86$110,836
Oct 2008011,67775.246.92$80,828
Sep 2008012,880101.767.88$101,457
Aug 20081814,057114.228.48$121,302
Jul 2008013,399131.0811.39$152,607
Jun 2008015,075131.3313.03$196,467
May 2008015,953123.1711.57$184,645
Apr 200809,432110.3110.45$98,610
Mar 2008013,066101.909.66$126,271
Feb 20081513,09092.538.77$116,195
Jan 20084911,42090.388.21$98,138
Dec 2007017,94688.337.30$131,041
Nov 200705,61891.677.29$40,965
Oct 2007019,34882.856.92$133,926
Sep 2007019,58975.846.24$122,317
Aug 2007022,70369.066.39$145,025
Jul 2007022,02870.906.39$140,714
Jun 2007023,41162.007.55$176,717
May 2007026,14158.747.85$205,110
Apr 2007035,31759.617.81$275,656
Mar 2007922,30356.927.30$163,368
Feb 20071416,10555.108.22$133,090
Jan 2007019,12150.306.73$128,624
Dec 2006024,13156.656.92$166,949
Nov 2006219,02454.207.62$145,023
Oct 2006021,25254.906.01$127,805
Sep 2006019,96560.085.04$100,568
Aug 2006021,12768.717.34$155,070
Jul 2006021,94869.376.34$139,211
Jun 2006022,85866.286.38$145,923
May 2006031,27666.016.42$200,948
Apr 2006030,90764.397.36$227,490
Mar 2006033,17756.707.08$234,990
Feb 2006033,46357.597.75$259,376
Jan 2006043,40860.598.93$387,778
Dec 2005032,65554.9413.42$438,080
Nov 2005022,81554.6910.59$241,574
Oct 2005024,34758.3413.80$335,885
Sep 2005010,92661.4512.08$131,975
Aug 200515231,31261.519.80$316,108
Jul 2005022,74555.697.84$178,404
Jun 2005631,78552.337.38$234,920
May 2005044,55945.226.65$296,369
Apr 2005047,26849.207.36$347,915
Mar 2005087,61150.377.15$626,846
Feb 2005039,88245.226.31$251,732
Jan 2005021,40943.166.32$135,352
Dec 2004068,10939.866.75$459,809
Nov 2004057,09745.286.33$361,448

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                  348 Mcf  × $  3.05 =     $1,060

────────────────────────────────────────────────────
Month total                                   $1,060

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/207008 is the state's own key, not one this site invented.