HOLMES "A"

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 216557District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
May 2005 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
253
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 Gas112006-07-31165698
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
CondensateDisposition1,073 bbl$94,153
GasProduction1,409,890 Mcf$10,095,248
Total$10,189,401

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 31.4256, -96.2370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42561, -96.23697 · 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
14,270 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 14,270 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-161331881814,270 ftSep 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 (253)

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

253 months

May 202601,854106.413.05$5,647
Apr 202601,78898.932.87$5,131
Mar 202601,83989.753.15$5,792
Feb 202601,56963.503.75$5,884
Jan 202601,47359.138.00$11,781
Dec 202501,43956.664.41$6,351
Nov 202501,30558.593.93$5,124
Oct 2025098359.383.30$3,249
Sep 202501,02062.743.08$3,138
Aug 202501,43363.933.01$4,320
Jul 2025099566.743.32$3,299
Jun 202501,00266.483.13$3,135
May 202501,25160.553.23$4,044
Apr 202501,37262.363.54$4,861
Mar 202501,32867.704.27$5,668
Feb 2025091970.884.34$3,989
Jan 202501,11074.324.28$4,749
Dec 202401,24668.993.12$3,889
Nov 2024061169.052.20$1,343
Oct 202401,13371.372.28$2,585
Sep 202401,27669.612.36$3,017
Aug 202451,05375.632.06$2,551
Jul 202401,26679.932.15$2,718
Jun 202401,92078.082.63$5,057
May 20240078.812.20$0
Apr 202404684.451.66$76
Mar 2024080680.301.55$1,245
Feb 202401,01476.091.78$1,809
Jan 2024090873.023.30$2,994
Dec 2023098971.262.61$2,582
Nov 202301,04777.892.81$2,940
Oct 202301,29985.443.09$4,010
Sep 2023088989.042.74$2,431
Aug 2023092080.522.67$2,459
Jul 2023094774.852.64$2,502
Jun 2023095768.962.26$2,161
May 202301,26970.622.23$2,827
Apr 202301,43178.122.24$3,202
Mar 202301,35272.852.39$3,236
Feb 202301,28375.112.47$3,163
Jan 2023092576.533.39$3,134
Dec 202202,44776.415.73$14,019
Nov 202201,37285.005.65$7,747
Oct 202202,07187.185.86$12,144
Sep 202201,85884.888.16$15,168
Aug 202201,75594.529.13$16,018
Jul 202202,913101.587.54$21,970
Jun 202202,474115.097.98$19,736
May 202202,021109.378.43$17,043
Apr 202203,026104.226.84$20,691
Mar 202203,069108.885.08$15,579
Feb 202202,28291.054.86$11,088
Jan 202202,95781.844.54$13,418
Dec 202102,86571.323.90$11,171
Nov 202101,48077.435.24$7,751
Oct 202101,77979.795.71$10,165
Sep 202101,71569.865.35$9,177
Aug 202101,63166.024.22$6,884
Jul 202101,77470.783.98$7,064
Jun 202101,37169.493.38$4,635
May 202111,49563.483.02$4,575
Apr 202102,12660.362.76$5,864
Mar 202101,73161.302.72$4,703
Feb 202101,51257.805.55$8,389
Jan 202101,51050.412.81$4,244
Dec 202001,32944.642.68$3,556
Nov 202001,41438.772.71$3,827
Oct 202001,68436.972.48$4,174
Sep 202002,21037.091.99$4,400
Aug 202001,81539.982.39$4,329
Jul 202021,79038.371.83$3,344
Jun 2020096234.901.69$1,626
May 202002,97916.921.81$5,406
Apr 202001,34614.751.80$2,429
Mar 202001,04430.341.86$1,938
Feb 202001,79349.881.98$3,551
Jan 202002,11857.252.09$4,437
Dec 201903,40059.012.30$7,835
Nov 201901,51855.302.75$4,176
Oct 201901,72353.472.42$4,167
Sep 201901,31255.052.66$3,486
Aug 201901,12753.112.30$2,597
Jul 201901,56056.272.46$3,838
Jun 201902,07152.782.49$5,159
May 201901,41958.482.74$3,889
Apr 201951,67762.632.75$4,926
Mar 201901,93056.803.06$5,910
Feb 201901,98150.852.79$5,531
Jan 201901,84146.033.23$5,943
Dec 201802,60346.594.19$10,895
Nov 201802,18252.934.24$9,246
Oct 201802,17961.443.40$7,404
Sep 201801,14959.543.11$3,571
Aug 201802,66759.403.07$8,179
Jul 201855,00565.142.93$15,000
Jun 201801,54660.183.08$4,757
May 201801,51965.382.90$4,406
Apr 201801,52363.842.90$4,418
Mar 201801,40861.222.79$3,924
Feb 201801,50561.782.77$4,163
Jan 201801,06962.874.01$4,286
Dec 201701,82857.272.92$5,341
Nov 201701,88955.423.12$5,891
Oct 201701,79749.292.98$5,362
Sep 201701,62847.523.09$5,026
Aug 201701,75945.373.00$5,285
Jul 201701,24543.873.09$3,844
Jun 201711,48442.493.09$4,624
May 201701,43945.373.26$4,696
Apr 201701,97147.933.21$6,330
Mar 201701,69646.772.98$5,060
Feb 201701,63150.452.95$4,816
Jan 201702,82949.413.42$9,672
Dec 201602,34248.763.72$8,719
Nov 201603,29642.492.64$8,716
Oct 201606,87246.193.09$21,236
Sep 201606,95741.553.10$21,571
Aug 201607,02241.442.92$20,535
Jul 201607,03541.622.92$20,573
Jun 201606,17045.352.69$16,572
May 201606,05342.521.99$12,052
Apr 201606,14536.561.99$12,235
Mar 201606,50533.011.79$11,670
Feb 201605,80426.472.06$11,977
Jan 201605,37827.352.36$12,716
Dec 201505,60932.362.00$11,226
Nov 201501,47138.792.17$3,188
Oct 201511,77043.552.43$4,339
Sep 201502,45442.992.76$6,769
Aug 201503,12740.162.87$8,982
Jul 201502,99048.152.95$8,806
Jun 201501,50456.152.88$4,336
May 201501,66255.212.96$4,912
Apr 2015181,85649.822.71$5,920
Mar 201502,00242.892.93$5,875
Feb 201501,35244.662.98$4,024
Jan 2015572,15343.433.10$9,151
Dec 201401,72454.693.59$6,192
Nov 201401,75670.464.25$7,466
Oct 201401,21478.303.90$4,736
Sep 201401,58486.164.05$6,408
Aug 201401,43789.394.04$5,798
Jul 201401,29196.564.18$5,396
Jun 2014851,71098.164.74$16,444
May 2014571,77894.734.73$13,803
Apr 201401,95595.944.81$9,402
Mar 201411,03295.895.06$5,315
Feb 201401,30597.406.19$8,081
Jan 201401,15290.404.86$5,600
Dec 201303,18891.824.35$13,882
Nov 2013492,17188.853.74$12,469
Oct 2013095897.423.78$3,621
Sep 201311,479104.113.72$5,603
Aug 2013711,412104.253.52$12,376
Jul 201301,434102.523.72$5,331
Jun 2013141,30494.403.93$6,451
May 201321,30494.834.15$5,600
Apr 201381,51993.964.28$7,257
Mar 201332,24193.623.91$9,050
Feb 2013821,44791.233.42$12,429
Jan 2013101,31091.603.42$5,396
Dec 201281,06986.773.42$4,350
Nov 201271,21586.953.62$5,013
Oct 20121112,15689.383.40$17,251
Sep 2012342,27994.672.92$9,870
Aug 2012471,95392.662.91$10,035
Jul 201202,09385.133.02$6,323
Jun 20121072,18979.822.52$14,055
May 2012242,47691.612.49$8,360
Apr 2012862,350101.652.00$13,434
Mar 2012332,236105.052.22$8,435
Feb 2012141,279101.102.57$4,703
Jan 2012112,08398.092.73$6,774
Dec 201101,94596.873.24$6,301
Nov 201101,59595.723.31$5,281
Oct 201102,23384.983.65$8,147
Sep 201103,07683.623.99$12,260
Aug 201103,23683.404.15$13,427
Jul 201102,20994.144.52$9,979
Jun 201102,41192.904.64$11,187
May 201102,60298.134.40$11,461
Apr 201102,121105.964.33$9,191
Mar 201102,40696.364.06$9,762
Feb 201102,47285.644.18$10,333
Jan 201102,22586.504.59$10,210
Dec 201002,02385.734.35$8,796
Nov 201002,17980.843.80$8,270
Oct 201001,99278.103.51$6,990
Sep 201003,53372.633.98$14,059
Aug 201002,84573.684.42$12,573
Jul 201002,64172.554.74$12,509
Jun 201001,84870.364.91$9,074
May 201002,33971.124.24$9,906
Apr 201002,11081.694.12$8,699
Mar 201003,22878.394.39$14,167
Feb 201004,25073.585.44$23,130
Jan 201002,89374.365.96$17,254
Dec 20090071.445.48$0
Nov 2009069274.593.75$2,596
Oct 200904,69972.544.11$19,314
Sep 2009010,11365.543.06$30,994
Aug 200909,86667.423.22$31,754
Jul 200907,37061.133.46$25,533
Jun 200906,38966.163.90$24,885
May 200907,49854.743.93$29,435
Apr 200907,34846.773.59$26,361
Mar 200906,61942.144.06$26,867
Feb 200907,17032.814.63$33,219
Jan 200907,39535.865.37$39,719
Dec 200808,62137.105.98$51,529
Nov 200809,88255.496.86$67,794
Oct 200806,38675.246.92$44,204
Sep 200826,437101.767.88$50,908
Aug 2008510,897114.228.48$93,011
Jul 2008112,388131.0811.39$141,223
Jun 2008110,848131.3313.03$141,509
May 2008010,688123.1711.57$123,706
Apr 2008014,581110.3110.45$152,442
Mar 2008013,352101.909.66$129,035
Feb 200809,62792.538.77$84,434
Jan 20081112,34290.388.21$102,269
Dec 2007417,61088.337.30$128,941
Nov 2007011,61591.677.29$84,693
Oct 2007352,68382.856.92$21,471
Sep 2007413,28375.846.24$83,245
Aug 2007011,29369.066.39$72,139
Jul 2007010,93170.906.39$69,827
Jun 20074412,22262.007.55$94,985
May 2007018,44758.747.85$144,740
Apr 2007019,71259.617.81$153,856
Mar 2007022,82956.927.30$166,697
Feb 2007021,61755.108.22$177,605
Jan 2007027,22150.306.73$183,112
Dec 2006037,32656.656.92$258,238
Nov 200602,32054.207.62$17,673
Oct 200605,19354.906.01$31,230
Sep 2006010,07960.085.04$50,770
Aug 2006013,51968.717.34$99,228
Jul 2006031,13269.376.34$197,463
Jun 2006033,86066.286.38$216,158
May 2006042,21566.016.42$271,231
Apr 2006053,75264.397.36$395,641
Mar 2006043,41856.707.08$307,526
Feb 200655,51457.597.75$43,028
Jan 2006035,22960.598.93$314,712
Dec 2005050,08154.9413.42$671,857
Nov 2005195,51954.6910.59$1,011,448
Oct 20050114,53558.3413.80$1,580,097
Sep 2005037761.4512.08$4,554
Aug 2005025,95361.519.80$254,257
Jul 2005014,66555.697.84$115,027
Jun 200505652.337.38$413
May 200501,35745.226.65$9,026

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                1,854 Mcf  × $  3.05 =     $5,647

────────────────────────────────────────────────────
Month total                                   $5,647

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/216557 is the state's own key, not one this site invented.