WEDGMAN

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 210653District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Nov 2004 – May 2026
Value, last 12 filed months
$5 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 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 Gas112006-02-10163004
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
CondensateDisposition228 bbl$12,588
GasProduction489,115 Mcf$3,079,083
Total$3,091,671

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 31.5096, -96.3357. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50964, -96.33568 · 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
12,990 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 12,990 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-29331606112,990 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 (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 20260164106.413.05$500
Apr 2026021898.932.87$626
Mar 2026012389.753.15$387
Feb 2026019663.503.75$735
Jan 2026015259.138.00$1,216
Dec 202501056.664.41$44
Nov 202501058.593.93$39
Oct 2025012159.383.30$400
Sep 202501062.743.08$31
Aug 2025014263.933.01$428
Jul 20250766.743.32$23
Jun 2025024166.483.13$754
May 202503860.553.23$123
Apr 2025021962.363.54$776
Mar 2025019367.704.27$824
Feb 2025012870.884.34$556
Jan 2025026474.324.28$1,130
Dec 2024034968.993.12$1,089
Nov 2024012969.052.20$284
Oct 2024021771.372.28$495
Sep 2024024469.612.36$577
Aug 2024029975.632.06$617
Jul 2024026979.932.15$577
Jun 2024055878.082.63$1,470
May 2024016578.812.20$363
Apr 2024033384.451.66$553
Mar 2024037580.301.55$579
Feb 2024028576.091.78$508
Jan 2024025673.023.30$844
Dec 2023025671.262.61$668
Nov 2023023177.892.81$649
Oct 2023019185.443.09$590
Sep 2023056289.042.74$1,537
Aug 2023057780.522.67$1,542
Jul 2023037674.852.64$993
Jun 2023043468.962.26$980
May 2023055970.622.23$1,245
Apr 2023052978.122.24$1,184
Mar 2023063772.852.39$1,524
Feb 2023049975.112.47$1,230
Jan 2023061376.533.39$2,077
Dec 2022057076.415.73$3,266
Nov 2022044385.005.65$2,501
Oct 2022077787.185.86$4,556
Sep 2022039084.888.16$3,184
Aug 2022047494.529.13$4,326
Jul 20220429101.587.54$3,236
Jun 20220365115.097.98$2,912
May 20220499109.378.43$4,208
Apr 20220230104.226.84$1,573
Mar 20220378108.885.08$1,919
Feb 2022032091.054.86$1,555
Jan 2022034181.844.54$1,547
Dec 2021035271.323.90$1,372
Nov 2021031177.435.24$1,629
Oct 2021038079.795.71$2,171
Sep 2021026569.865.35$1,418
Aug 2021034866.024.22$1,469
Jul 2021028670.783.98$1,139
Jun 2021028069.493.38$947
May 2021021663.483.02$652
Apr 2021025560.362.76$703
Mar 2021027361.302.72$742
Feb 2021023457.805.55$1,298
Jan 2021025850.412.81$725
Dec 2020028544.642.68$763
Nov 2020033838.772.71$915
Oct 2020024436.972.48$605
Sep 2020035437.091.99$705
Aug 2020048439.982.39$1,154
Jul 2020037238.371.83$679
Jun 2020028834.901.69$487
May 2020047816.921.81$867
Apr 2020030314.751.80$547
Mar 2020032430.341.86$601
Feb 2020029649.881.98$586
Jan 2020070857.252.09$1,483
Dec 2019037159.012.30$855
Nov 2019044655.302.75$1,227
Oct 201901,45053.472.42$3,507
Sep 201901,37855.052.66$3,662
Aug 201901,02353.112.30$2,357
Jul 2019099056.272.46$2,435
Jun 201901,84552.782.49$4,596
May 2019039458.482.74$1,080
Apr 2019040462.632.75$1,111
Mar 2019039956.803.06$1,222
Feb 2019029250.852.79$815
Jan 2019024546.033.23$791
Dec 2018018946.594.19$791
Nov 2018023852.934.24$1,008
Oct 2018032461.443.40$1,101
Sep 2018035459.543.11$1,100
Aug 2018038959.403.07$1,193
Jul 2018027165.142.93$795
Jun 2018029460.183.08$905
May 2018030465.382.90$882
Apr 2018023563.842.90$682
Mar 2018015361.222.79$426
Feb 2018044861.782.77$1,239
Jan 201801,11262.874.01$4,458
Dec 201701,01957.272.92$2,977
Nov 201701,00755.423.12$3,140
Oct 201701,50549.292.98$4,490
Sep 2017091647.523.09$2,828
Aug 2017096445.373.00$2,896
Jul 201701,09743.873.09$3,387
Jun 2017074742.493.09$2,306
May 201701,08845.373.26$3,551
Apr 201701,43047.933.21$4,593
Mar 201701,26246.772.98$3,765
Feb 201701,54750.452.95$4,568
Jan 201701,67349.413.42$5,720
Dec 201601,61048.763.72$5,994
Nov 201601,60442.492.64$4,242
Oct 20161691,53046.193.09$12,534
Sep 201601,53341.553.10$4,753
Aug 201602,06941.442.92$6,050
Jul 201601,88841.622.92$5,521
Jun 201601,99845.352.69$5,366
May 201601,61142.521.99$3,208
Apr 201602,12036.561.99$4,221
Mar 2016047333.011.79$849
Feb 2016056326.472.06$1,162
Jan 2016081227.352.36$1,920
Dec 201502,22632.362.00$4,455
Nov 201502,01438.792.17$4,365
Oct 201502,69543.552.43$6,540
Sep 201501,47142.992.76$4,058
Aug 201502,39840.162.87$6,888
Jul 201502,34248.152.95$6,897
Jun 201501,99056.152.88$5,737
May 201504,20955.212.96$12,439
Apr 2015054449.822.71$1,472
Mar 2015050042.892.93$1,467
Feb 2015037244.662.98$1,107
Jan 2015046043.433.10$1,426
Dec 2014045054.693.59$1,616
Nov 2014048270.464.25$2,049
Oct 2014049378.303.90$1,923
Sep 201421,45886.164.05$6,071
Aug 201403,88189.394.04$15,660
Jul 2014040996.564.18$1,709
Jun 2014036298.164.74$1,715
May 2014037894.734.73$1,787
Apr 2014044695.944.81$2,145
Mar 2014037695.895.06$1,901
Feb 2014051797.406.19$3,201
Jan 2014065390.404.86$3,174
Dec 201303,27391.824.35$14,252
Nov 2013053488.853.74$1,996
Oct 2013061497.423.78$2,321
Sep 20130629104.113.72$2,338
Aug 201302,326104.253.52$8,194
Jul 201302,587102.523.72$9,618
Jun 201312,35394.403.93$9,350
May 2013058094.834.15$2,406
Apr 2013184793.964.28$3,721
Mar 201301,55093.623.91$6,065
Feb 2013059191.233.42$2,021
Jan 2013062491.603.42$2,134
Dec 2012062186.773.42$2,124
Nov 2012067486.953.62$2,443
Oct 2012073989.383.40$2,512
Sep 201202,06994.672.92$6,038
Aug 201213,03392.662.91$8,913
Jul 201223,11385.133.02$9,574
Jun 201203,25779.822.52$8,205
May 201204,37891.612.49$10,894
Apr 201212,323101.652.00$4,740
Mar 201212,575105.052.22$5,827
Feb 201212,445101.102.57$6,385
Jan 2012062298.092.73$1,701
Dec 2011072996.873.24$2,362
Nov 201112,74295.723.31$9,175
Oct 201113,62484.983.65$13,307
Sep 201134,41883.623.99$17,860
Aug 201195,96883.404.15$25,514
Jul 201151,89694.144.52$9,035
Jun 2011050592.904.64$2,343
May 2011055698.134.40$2,449
Apr 20110513105.964.33$2,223
Mar 2011055896.364.06$2,264
Feb 2011043585.644.18$1,818
Jan 2011053886.504.59$2,469
Dec 2010053085.734.35$2,304
Nov 2010040380.843.80$1,530
Oct 2010039078.103.51$1,368
Sep 2010054672.633.98$2,173
Aug 2010071273.684.42$3,147
Jul 2010059172.554.74$2,799
Jun 2010064970.364.91$3,187
May 2010037771.124.24$1,597
Apr 2010042081.694.12$1,732
Mar 2010049778.394.39$2,181
Feb 2010076973.585.44$4,185
Jan 2010084774.365.96$5,052
Dec 2009082271.445.48$4,508
Nov 2009077874.593.75$2,919
Oct 2009090772.544.11$3,728
Sep 2009091565.543.06$2,804
Aug 2009043567.423.22$1,400
Jul 2009055861.133.46$1,933
Jun 200901,00566.163.90$3,914
May 200901,23854.743.93$4,860
Apr 200901,18446.773.59$4,248
Mar 200901,18542.144.06$4,810
Feb 200911,73532.814.63$8,071
Jan 2009020335.865.37$1,090
Dec 200803,30237.105.98$19,737
Nov 2008096155.496.86$6,593
Oct 200802,89375.246.92$20,025
Sep 200804,502101.767.88$35,463
Aug 200853,180114.228.48$27,547
Jul 200823,327131.0811.39$38,155
Jun 200801,111131.3313.03$14,479
May 200801,455123.1711.57$16,841
Apr 200813,505110.3110.45$36,755
Mar 200801,408101.909.66$13,607
Feb 200813,50592.538.77$30,833
Jan 200803,63890.388.21$29,852
Dec 200703,91188.337.30$28,558
Nov 200704,16591.677.29$30,370
Oct 200703,64482.856.92$25,224
Sep 200704,29675.846.24$26,825
Aug 200705,30269.066.39$33,869
Jul 200714,26770.906.39$27,328
Jun 200735,23562.007.55$39,702
May 200724,86458.747.85$38,282
Apr 200715,08559.617.81$39,749
Mar 200714,60556.927.30$33,682
Feb 200715,03255.108.22$41,398
Jan 200705,24250.306.73$35,262
Dec 200606,06156.656.92$41,933
Nov 200616,33154.207.62$48,280
Oct 200615,85754.906.01$35,278
Sep 200606,18660.085.04$31,160
Aug 200607,13768.717.34$52,385
Jul 200607,20569.376.34$45,700
Jun 200607,28366.286.38$46,494
May 200628,39966.016.42$54,096
Apr 200618,79964.397.36$64,829
Mar 200609,12056.707.08$64,596
Feb 200608,54657.597.75$66,241
Jan 200609,93260.598.93$88,726
Dec 200509,39654.9413.42$126,051
Nov 200506,72254.6910.59$71,175
Oct 200509,93158.3413.80$137,006
Sep 2005010,36761.4512.08$125,223
Aug 2005011,74361.519.80$115,044
Jul 2005012,96755.697.84$101,708
Jun 2005214,23652.337.38$105,181
May 2005016,44245.226.65$109,358
Apr 2005017,46349.207.36$128,536
Mar 200509,16250.377.15$65,553
Feb 200501,28345.226.31$8,098
Jan 2005412343.166.32$950
Dec 2004019239.866.75$1,296
Nov 200406,19545.286.33$39,217

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                  164 Mcf  × $  3.05 =       $500

────────────────────────────────────────────────────
Month total                                     $500

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/210653 is the state's own key, not one this site invented.