CULLUM

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the NAN-SU-GAIL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212906District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Jun 2005 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
252
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
2002-10-08
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 2016-10-11.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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 Gas112006-02-27164870
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
CondensateDisposition83 bbl$7,483
GasProduction1,541,299 Mcf$9,211,818
Total$9,219,301

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 31.7444, -96.1107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74442, -96.11071 · 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
12,504 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 12,504 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-16133233212,504 ftJun 2005

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 (252)

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

252 months

May 202601,803106.413.05$5,492
Apr 202601,61898.932.87$4,643
Mar 202601,93389.753.15$6,088
Feb 202601,65563.503.75$6,207
Jan 202601,88759.138.00$15,092
Dec 202503,00856.664.41$13,275
Nov 2025071558.593.93$2,807
Oct 202501,55959.383.30$5,152
Sep 202501,62762.743.08$5,006
Aug 202501,40963.933.01$4,248
Jul 202501,84866.743.32$6,126
Jun 202501,47166.483.13$4,602
May 202501,93660.553.23$6,258
Apr 202501,72462.363.54$6,108
Mar 202502,22767.704.27$9,506
Feb 202502,01070.884.34$8,725
Jan 202502,17574.324.28$9,306
Dec 202402,10968.993.12$6,583
Nov 202401,97669.052.20$4,344
Oct 202401,84971.372.28$4,218
Sep 202401,60969.612.36$3,804
Aug 202402,10675.632.06$4,346
Jul 202403,05579.932.15$6,558
Jun 202403,75078.082.63$9,877
May 20240078.812.20$0
Apr 2024078784.451.66$1,306
Mar 202401,71380.301.55$2,647
Feb 202401,83876.091.78$3,278
Jan 202401,84173.023.30$6,071
Dec 202302,07471.262.61$5,415
Nov 202301,98477.892.81$5,570
Oct 202302,80485.443.09$8,657
Sep 202303,13489.042.74$8,572
Aug 202303,61080.522.67$9,649
Jul 202303,88774.852.64$10,269
Jun 202304,45668.962.26$10,064
May 202305,97070.622.23$13,298
Apr 202301,41478.122.24$3,164
Mar 202301,61672.852.39$3,867
Feb 202301,49175.112.47$3,676
Jan 202301,94176.533.39$6,576
Dec 202201,74476.415.73$9,992
Nov 202202,94385.005.65$16,617
Oct 202202,25987.185.86$13,246
Sep 202202,64384.888.16$21,577
Aug 202203,70894.529.13$33,844
Jul 202204,105101.587.54$30,960
Jun 202204,108115.097.98$32,770
May 202204,257109.378.43$35,899
Apr 202202,436104.226.84$16,656
Mar 202204,400108.885.08$22,336
Feb 202204,16291.054.86$20,222
Jan 202205,05181.844.54$22,920
Dec 202104,94571.323.90$19,281
Nov 202104,61677.435.24$24,173
Oct 202104,76979.795.71$27,249
Sep 202104,50169.865.35$24,084
Aug 202104,97166.024.22$20,981
Jul 202105,54070.783.98$22,061
Jun 202105,63869.493.38$19,060
May 202105,73263.483.02$17,297
Apr 202106,00460.362.76$16,562
Mar 202106,94061.302.72$18,856
Feb 202105,23857.805.55$29,060
Jan 202109,36650.412.81$26,321
Dec 2020011,95044.642.68$31,972
Nov 202001,38238.772.71$3,740
Oct 2020041036.972.48$1,016
Sep 2020071537.091.99$1,424
Aug 2020071939.982.39$1,715
Jul 2020065438.371.83$1,194
Jun 2020078234.901.69$1,322
May 2020075716.921.81$1,374
Apr 2020066314.751.80$1,196
Mar 2020063730.341.86$1,182
Feb 2020065149.881.98$1,289
Jan 2020049657.252.09$1,039
Dec 2019043859.012.30$1,009
Nov 2019048355.302.75$1,329
Oct 201901,26953.472.42$3,069
Sep 2019070155.052.66$1,863
Aug 2019073653.112.30$1,696
Jul 2019070556.272.46$1,734
Jun 2019083652.782.49$2,083
May 2019092558.482.74$2,535
Apr 2019039662.632.75$1,089
Mar 2019081756.803.06$2,502
Feb 2019092050.852.79$2,569
Jan 201901,06746.033.23$3,444
Dec 2018089146.594.19$3,729
Nov 201801,07152.934.24$4,538
Oct 2018078961.443.40$2,681
Sep 2018079959.543.11$2,483
Aug 201801,47959.403.07$4,535
Jul 2018092365.142.93$2,706
Jun 2018095960.183.08$2,951
May 201801,23365.382.90$3,577
Apr 201801,11663.842.90$3,237
Mar 201801,38061.222.79$3,846
Feb 201801,30261.782.77$3,601
Jan 201801,78162.874.01$7,141
Dec 201701,53557.272.92$4,485
Nov 201701,43255.423.12$4,465
Oct 201701,49749.292.98$4,467
Sep 201701,62347.523.09$5,011
Aug 201702,01945.373.00$6,066
Jul 201701,65743.873.09$5,116
Jun 201701,78542.493.09$5,511
May 201701,57545.373.26$5,140
Apr 201702,08047.933.21$6,680
Mar 201702,60546.772.98$7,772
Feb 201702,46450.452.95$7,275
Jan 201711,78949.413.42$6,166
Dec 201602,50348.763.72$9,318
Nov 201602,28942.492.64$6,053
Oct 201602,64846.193.09$8,183
Sep 201602,91141.553.10$9,026
Aug 201603,28841.442.92$9,615
Jul 201604,08341.622.92$11,940
Jun 201603,28045.352.69$8,810
May 201603,80242.521.99$7,570
Apr 201603,27436.561.99$6,519
Mar 201603,90833.011.79$7,011
Feb 201603,01526.472.06$6,222
Jan 201604,41127.352.36$10,429
Dec 201503,96432.362.00$7,934
Nov 201504,36938.792.17$9,469
Oct 201504,42743.552.43$10,742
Sep 201504,63542.992.76$12,785
Aug 201504,45240.162.87$12,788
Jul 201503,92848.152.95$11,568
Jun 201502,90256.152.88$8,366
May 201514,08055.212.96$12,113
Apr 201503,88549.822.71$10,515
Mar 201501,75942.892.93$5,162
Feb 201502,11144.662.98$6,283
Jan 201506,92943.433.10$21,484
Dec 201417,48954.693.59$26,950
Nov 201403,68070.464.25$15,647
Oct 201406,58078.303.90$25,668
Sep 2014011,18486.164.05$45,244
Aug 201409,43989.394.04$38,088
Jul 201408,51996.564.18$35,606
Jun 201407,79698.164.74$36,929
May 201409,16794.734.73$43,328
Apr 201407,29995.944.81$35,102
Mar 201417,60995.895.06$38,573
Feb 201418,28197.406.19$51,373
Jan 201407,91790.404.86$38,482
Dec 201302,83591.824.35$12,345
Nov 201303,71288.853.74$13,877
Oct 201306,32397.423.78$23,897
Sep 201309,973104.113.72$37,077
Aug 201305,143104.253.52$18,117
Jul 201304,521102.523.72$16,808
Jun 201315,69594.403.93$22,495
May 201304,61194.834.15$19,131
Apr 201305,27793.964.28$22,599
Mar 201315,34093.623.91$20,988
Feb 201304,79191.233.42$16,385
Jan 201304,65291.603.42$15,909
Dec 201216,96886.773.42$23,918
Nov 201203,81686.953.62$13,833
Oct 201205,35989.383.40$18,219
Sep 201205,83694.672.92$17,032
Aug 201215,11892.662.91$14,977
Jul 201215,90685.133.02$17,926
Jun 201215,59479.822.52$14,171
May 201205,83591.612.49$14,519
Apr 201217,255101.652.00$14,588
Mar 2012010,075105.052.22$22,387
Feb 201203,226101.102.57$8,292
Jan 201204,55398.092.73$12,448
Dec 201103,01796.873.24$9,774
Nov 201103,76195.723.31$12,454
Oct 201114,62084.983.65$16,941
Sep 201104,26783.623.99$17,007
Aug 201114,91483.404.15$20,473
Jul 201146,04194.144.52$27,665
Jun 201126,03492.904.64$28,183
May 201116,64698.134.40$29,373
Apr 2011326,346105.964.33$30,890
Mar 201117,43496.364.06$30,259
Feb 201116,37085.644.18$26,712
Jan 201117,20386.504.59$33,139
Dec 201017,23485.734.35$31,537
Nov 201016,52280.843.80$24,834
Oct 201007,92178.103.51$27,794
Sep 201026,51772.633.98$26,079
Aug 201007,97173.684.42$35,227
Jul 201017,14272.554.74$33,901
Jun 201017,44970.364.91$36,648
May 201017,82471.124.24$33,207
Apr 201007,37281.694.12$30,392
Mar 201007,70178.394.39$33,797
Feb 201007,48173.585.44$40,714
Jan 201008,58374.365.96$51,190
Dec 200907,69871.445.48$42,214
Nov 200908,12674.593.75$30,485
Oct 200918,50272.544.11$35,018
Sep 200917,39165.543.06$22,717
Aug 200918,92367.423.22$28,786
Jul 200918,58361.133.46$29,797
Jun 200908,35066.163.90$32,523
May 200908,78454.743.93$34,484
Apr 200908,81346.773.59$31,617
Mar 200909,23942.144.06$37,501
Feb 200908,11932.814.63$37,615
Jan 200909,40735.865.37$50,525
Dec 200809,27537.105.98$55,438
Nov 200809,42355.496.86$64,645
Oct 200809,82075.246.92$67,974
Sep 2008010,327101.767.88$81,347
Aug 2008010,475114.228.48$88,860
Jul 2008010,390131.0811.39$118,336
Jun 2008010,380131.3313.03$135,279
May 200818,859123.1711.57$102,660
Apr 200809,802110.3110.45$102,479
Mar 2008110,537101.909.66$101,932
Feb 200819,96792.538.77$87,509
Jan 2008210,30090.388.21$84,700
Dec 2007110,69988.337.30$78,212
Nov 2007012,09891.677.29$88,215
Oct 2007012,70982.856.92$87,971
Sep 2007012,84575.846.24$80,206
Aug 2007111,98269.066.39$76,609
Jul 2007112,02670.906.39$76,892
Jun 2007013,56762.007.55$102,410
May 2007114,77258.747.85$115,964
Apr 2007013,39859.617.81$104,574
Mar 2007014,12656.927.30$103,148
Feb 2007013,52255.108.22$111,097
Jan 2007016,20850.306.73$109,029
Dec 2006014,29156.656.92$98,871
Nov 2006016,23854.207.62$123,693
Oct 2006014,54254.906.01$87,453
Sep 2006014,02260.085.04$70,632
Aug 2006016,74668.717.34$122,914
Jul 2006016,82269.376.34$106,698
Jun 2006019,41366.286.38$123,930
May 2006015,24466.016.42$97,943
Apr 2006419,47464.397.36$143,596
Mar 2006015,39256.707.08$109,020
Feb 2006321,55757.597.75$167,264
Jan 2006020,70560.598.93$184,964
Dec 2005026,59054.9413.42$356,715
Nov 2005025,53954.6910.59$270,417
Oct 2005032,12858.3413.80$443,230
Sep 2005030,72761.4512.08$371,151
Aug 2005038,88561.519.80$380,950
Jul 2005068,56355.697.84$537,783
Jun 200501,79452.337.38$13,242

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                1,803 Mcf  × $  3.05 =     $5,492

────────────────────────────────────────────────────
Month total                                   $5,492

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/212906 is the state's own key, not one this site invented.