BLACK

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 208341District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.2 M
Jan 2005 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
257
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 Gas112005-08-16161228
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
CondensateDisposition1,085 bbl$69,563
GasProduction3,145,705 Mcf$21,144,174
Total$21,213,736

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 31.3832, -96.2754. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38324, -96.27542 · 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
14,788 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 14,788 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-28931435114,788 ftOct 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 (257)

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

257 months

May 2026021106.413.05$64
Apr 20260798.932.87$20
Mar 202605489.753.15$170
Feb 202623663.503.75$1,483
Jan 202634359.138.00$521
Dec 2025142056.664.41$1,910
Nov 202502,28158.593.93$8,956
Oct 202508759.383.30$288
Sep 202504062.743.08$123
Aug 2025039063.933.01$1,176
Jul 202511,10166.743.32$3,717
Jun 202511,39066.483.13$4,415
May 202501,81660.553.23$5,870
Apr 2025212,03462.363.54$8,516
Mar 202512,44667.704.27$10,508
Feb 202512,56370.884.34$11,196
Jan 202502,64374.324.28$11,309
Dec 202402,48368.993.12$7,750
Nov 202402,49869.052.20$5,492
Oct 202402,75471.372.28$6,283
Sep 202402,52269.612.36$5,963
Aug 202403,82475.632.06$7,891
Jul 2024173,92079.932.15$9,773
Jun 202404,04878.082.63$10,662
May 20240078.812.20$0
Apr 202402,04484.451.66$3,391
Mar 202402,41980.301.55$3,738
Feb 202402,30476.091.78$4,110
Jan 202402,52573.023.30$8,327
Dec 202302,52171.262.61$6,582
Nov 202302,54277.892.81$7,137
Oct 202302,56685.443.09$7,922
Sep 202303,03589.042.74$8,301
Aug 202303,10380.522.67$8,294
Jul 202302,97474.852.64$7,857
Jun 202302,71768.962.26$6,136
May 202302,41570.622.23$5,379
Apr 2023222,52278.122.24$7,362
Mar 202302,64172.852.39$6,320
Feb 202302,31175.112.47$5,698
Jan 202302,49876.533.39$8,463
Dec 202203,33476.415.73$19,101
Nov 202202,61885.005.65$14,782
Oct 202203,98187.185.86$23,344
Sep 202204,24984.888.16$34,687
Aug 202204,09894.529.13$37,403
Jul 202202,025101.587.54$15,273
Jun 2022425,855115.097.98$51,540
May 202206,760109.378.43$57,007
Apr 202202,145104.226.84$14,667
Mar 202202,733108.885.08$13,874
Feb 2022221,86791.054.86$11,075
Jan 202201,81181.844.54$8,218
Dec 202101,41271.323.90$5,506
Nov 202104,25277.435.24$22,267
Oct 202101,83479.795.71$10,479
Sep 202102,67669.865.35$14,319
Aug 202101,41266.024.22$5,959
Jul 202103,17270.783.98$12,631
Jun 202102,67969.493.38$9,057
May 202102,41163.483.02$7,276
Apr 202101,37760.362.76$3,798
Mar 202101,82861.302.72$4,967
Feb 2021371,31657.805.55$9,440
Jan 202101,23350.412.81$3,465
Dec 202002,72944.642.68$7,301
Nov 202002,16838.772.71$5,868
Oct 202002,61036.972.48$6,469
Sep 202001,73037.091.99$3,445
Aug 2020234,26739.982.39$11,097
Jul 202001,66538.371.83$3,039
Jun 202001,52134.901.69$2,571
May 202001,01616.921.81$1,844
Apr 202002,17314.751.80$3,921
Mar 202002,95530.341.86$5,485
Feb 2020212,15349.881.98$5,312
Jan 202008,50557.252.09$17,816
Dec 201907,50759.012.30$17,299
Nov 2019175,99755.302.75$17,436
Oct 201903,02753.472.42$7,321
Sep 201902,77655.052.66$7,377
Aug 201902,72753.112.30$6,284
Jul 201902,72056.272.46$6,691
Jun 201902,82152.782.49$7,028
May 201903,34958.482.74$9,177
Apr 201903,48562.632.75$9,586
Mar 201903,60556.803.06$11,039
Feb 201903,22450.852.79$9,002
Jan 201903,68346.033.23$11,889
Dec 201803,72946.594.19$15,608
Nov 201803,67352.934.24$15,563
Oct 201803,11861.443.40$10,595
Sep 201804,02059.543.11$12,494
Aug 201804,77259.403.07$14,634
Jul 201803,58665.142.93$10,514
Jun 201804,00360.183.08$12,317
May 201803,93165.382.90$11,403
Apr 201803,49463.842.90$10,135
Mar 201803,32461.222.79$9,263
Feb 201803,69361.782.77$10,215
Jan 201804,26762.874.01$17,108
Dec 201714,48057.272.92$13,146
Nov 201704,35755.423.12$13,587
Oct 201705,52949.292.98$16,497
Sep 201705,69447.523.09$17,579
Aug 201706,67345.373.00$20,048
Jul 201705,87043.873.09$18,122
Jun 2017104,55042.493.09$14,472
May 201704,44945.373.26$14,519
Apr 201704,71347.933.21$15,136
Mar 201702,66646.772.98$7,954
Feb 2017133,15550.452.95$9,971
Jan 201704,58749.413.42$15,682
Dec 201654,41348.763.72$16,673
Nov 201604,45142.492.64$11,770
Oct 201604,97246.193.09$15,365
Sep 201604,30441.553.10$13,345
Aug 201603,86541.442.92$11,303
Jul 201603,50841.622.92$10,259
Jun 201603,65445.352.69$9,814
May 201604,45642.521.99$8,872
Apr 201605,28336.561.99$10,519
Mar 201605,18133.011.79$9,295
Feb 201635,46226.472.06$11,351
Jan 201626,14427.352.36$14,581
Dec 201545,92732.362.00$11,992
Nov 201525,45238.792.17$11,894
Oct 201543,64343.552.43$9,014
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201502456.152.88$69
May 2015014655.212.96$432
Apr 201505649.822.71$152
Mar 2015019842.892.93$581
Feb 201503344.662.98$98
Jan 2015010743.433.10$332
Dec 201408354.693.59$298
Nov 201409070.464.25$383
Oct 2014021878.303.90$850
Sep 201406186.164.05$247
Aug 2014056589.394.04$2,280
Jul 201402,51496.564.18$10,508
Jun 201407,37498.164.74$34,930
May 2014093594.734.73$4,419
Apr 201407995.944.81$380
Mar 201404595.895.06$228
Feb 2014089797.406.19$5,554
Jan 2014043190.404.86$2,095
Dec 201309791.824.35$422
Nov 2013042288.853.74$1,578
Oct 201301,72097.423.78$6,501
Sep 201305,826104.113.72$21,660
Aug 2013018104.253.52$63
Jul 20130906102.523.72$3,368
Jun 201304894.403.93$189
May 201304,38594.834.15$18,194
Apr 201307593.964.28$321
Mar 201306893.623.91$266
Feb 201309991.233.42$339
Jan 201303691.603.42$123
Dec 20120086.773.42$0
Nov 2012010586.953.62$381
Oct 201205,20289.383.40$17,685
Sep 2012052994.672.92$1,544
Aug 2012011392.662.91$329
Jul 2012012985.133.02$390
Jun 201204179.822.52$103
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012066105.052.22$147
Feb 20120126101.102.57$324
Jan 2012020898.092.73$569
Dec 2011074296.873.24$2,404
Nov 201105,13795.723.31$17,010
Oct 201106,34484.983.65$23,146
Sep 2011011,27683.623.99$44,944
Aug 2011010,60783.404.15$44,012
Jul 2011010,64594.144.52$48,086
Jun 2011013,11492.904.64$60,847
May 2011010,08998.134.40$44,440
Apr 2011011,099105.964.33$48,095
Mar 2011012,27296.364.06$49,792
Feb 2011010,56685.644.18$44,166
Jan 201125,54486.504.59$25,613
Dec 201007,51485.734.35$32,669
Nov 20101711,04180.843.80$43,279
Oct 2010010,27878.103.51$36,064
Sep 2010011,89172.633.98$47,320
Aug 20101614,46773.684.42$65,114
Jul 20101113,30172.554.74$63,798
Jun 20101310,54170.364.91$52,675
May 20101313,03871.124.24$56,143
Apr 2010013,01081.694.12$53,636
Mar 2010113,79778.394.39$60,629
Feb 2010020,00073.585.44$108,847
Jan 201005,55374.365.96$33,119
Dec 2009013,68171.445.48$75,023
Nov 2009012,80174.593.75$48,023
Oct 2009021,02272.544.11$86,406
Sep 2009020,31265.543.06$62,251
Aug 2009022,71167.423.22$73,095
Jul 2009314,67561.133.46$51,025
Jun 2009119,32166.163.90$75,321
May 2009020,24054.743.93$79,457
Apr 2009126,33346.773.59$94,516
Mar 20092016,14142.144.06$66,359
Feb 2009121,36232.814.63$99,003
Jan 2009023,67135.865.37$127,137
Dec 2008016,27637.105.98$97,284
Nov 200807,62655.496.86$52,317
Oct 2008020,44975.246.92$141,548
Sep 2008123,177101.767.88$182,669
Aug 2008022,782114.228.48$193,260
Jul 2008027,003131.0811.39$307,549
Jun 2008016,629131.3313.03$216,720
May 2008111,430123.1711.57$132,417
Apr 2008437,402110.3110.45$391,474
Mar 20082839,530101.909.66$384,874
Feb 20082524,72192.538.77$219,131
Jan 2008837,26090.388.21$306,469
Dec 2007339,20288.337.30$286,517
Nov 2007134,64891.677.29$252,734
Oct 2007036,09082.856.92$249,814
Sep 2007442,38475.846.24$264,956
Aug 2007039,27069.066.39$250,854
Jul 20072143,08570.906.39$276,713
Jun 2007036,09062.007.55$272,424
May 2007041,88458.747.85$328,634
Apr 2007036,77359.617.81$287,021
Mar 2007049,36056.927.30$360,425
Feb 20076944,75455.108.22$371,501
Jan 200714351,37550.306.73$352,785
Dec 2006063,08456.656.92$436,443
Nov 2006049,80054.207.62$379,351
Oct 2006163,20054.906.01$380,127
Sep 2006664,99060.085.04$327,728
Aug 2006063,15968.717.34$463,582
Jul 2006068,06669.376.34$431,726
Jun 2006072,62266.286.38$463,610
May 2006077,32666.016.42$496,820
Apr 200619463,49464.397.36$479,838
Mar 200617681,64956.707.08$588,293
Feb 2006480,99657.597.75$628,040
Jan 20060104,84660.598.93$936,623
Dec 2005092,29154.9413.42$1,238,121
Nov 2005033,41354.6910.59$353,790
Oct 2005039,12658.3413.80$539,773
Sep 2005057,59961.4512.08$695,738
Aug 2005036,63461.519.80$358,897
Jul 2005052,26055.697.84$409,909
Jun 2005064,90852.337.38$479,089
May 2005075,91445.226.65$504,916
Apr 200501,77049.207.36$13,028
Mar 2005015,10450.377.15$108,067
Feb 2005051,80545.226.31$326,989
Jan 2005075,17143.166.32$475,246

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                   21 Mcf  × $  3.05 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/208341 is the state's own key, not one this site invented.