VARNER

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

Gas lease lease 216564District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Jun 2005 – May 2026
Value, last 12 filed months
$27 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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112006-07-31165697
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
CondensateDisposition130 bbl$9,887
GasProduction996,431 Mcf$6,002,690
Total$6,012,577

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 31.2262, -96.4311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22624, -96.43112 · 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
13,370 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 13,370 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-39531003113,370 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 20260439106.413.05$1,337
Apr 2026047198.932.87$1,352
Mar 2026070289.753.15$2,211
Feb 2026055163.503.75$2,066
Jan 2026074959.138.00$5,990
Dec 2025054456.664.41$2,401
Nov 2025050258.593.93$1,971
Oct 2025071159.383.30$2,350
Sep 2025053662.743.08$1,649
Aug 2025052363.933.01$1,577
Jul 2025071166.743.32$2,357
Jun 2025043666.483.13$1,364
May 2025064960.553.23$2,098
Apr 2025070162.363.54$2,484
Mar 2025058167.704.27$2,480
Feb 2025087470.884.34$3,794
Jan 2025055274.324.28$2,362
Dec 2024066868.993.12$2,085
Nov 2024061669.052.20$1,354
Oct 2024092571.372.28$2,110
Sep 2024066969.612.36$1,582
Aug 2024056375.632.06$1,162
Jul 2024099379.932.15$2,132
Jun 2024083178.082.63$2,189
May 2024031878.812.20$699
Apr 2024060184.451.66$997
Mar 2024069880.301.55$1,079
Feb 2024077976.091.78$1,389
Jan 2024076473.023.30$2,519
Dec 2023086771.262.61$2,263
Nov 2023044977.892.81$1,261
Oct 2023087285.443.09$2,692
Sep 2023060289.042.74$1,646
Aug 2023068980.522.67$1,842
Jul 2023019774.852.64$520
Jun 2023086568.962.26$1,954
May 2023081870.622.23$1,822
Apr 2023055278.122.24$1,235
Mar 2023097072.852.39$2,321
Feb 202301,09675.112.47$2,702
Jan 2023082476.533.39$2,791
Dec 2022087576.415.73$5,013
Nov 2022059985.005.65$3,382
Oct 2022047187.185.86$2,762
Sep 2022043184.888.16$3,519
Aug 2022042494.529.13$3,870
Jul 20220234101.587.54$1,765
Jun 20220646115.097.98$5,153
May 20220709109.378.43$5,979
Apr 20220660104.226.84$4,513
Mar 20220726108.885.08$3,685
Feb 2022073491.054.86$3,566
Jan 2022070781.844.54$3,208
Dec 2021072171.323.90$2,811
Nov 2021071977.435.24$3,765
Oct 2021073179.795.71$4,177
Sep 2021070369.865.35$3,762
Aug 2021066366.024.22$2,798
Jul 2021063070.783.98$2,509
Jun 2021066369.493.38$2,241
May 2021074263.483.02$2,239
Apr 2021076660.362.76$2,113
Mar 2021075461.302.72$2,049
Feb 202101,05957.805.55$5,875
Jan 2021088550.412.81$2,487
Dec 2020091744.642.68$2,453
Nov 2020072038.772.71$1,949
Oct 2020079236.972.48$1,963
Sep 2020076537.091.99$1,523
Aug 2020083939.982.39$2,001
Jul 2020090238.371.83$1,646
Jun 2020075534.901.69$1,276
May 2020097816.921.81$1,775
Apr 202001,53614.751.80$2,772
Mar 202002,73930.341.86$5,084
Feb 202001,95349.881.98$3,868
Jan 202002,86357.252.09$5,997
Dec 201902,74559.012.30$6,325
Nov 201912,47755.302.75$6,869
Oct 201902,22853.472.42$5,389
Sep 201902,08555.052.66$5,540
Aug 201901,16953.112.30$2,694
Jul 201901,87856.272.46$4,620
Jun 201902,30152.782.49$5,732
May 201901,88158.482.74$5,155
Apr 201901,98962.632.75$5,471
Mar 201903,70456.803.06$11,342
Feb 201902,01450.852.79$5,624
Jan 201901,33046.033.23$4,293
Dec 201801,97046.594.19$8,245
Nov 201803,31552.934.24$14,046
Oct 201801,57161.443.40$5,338
Sep 201801,41459.543.11$4,395
Aug 201802,24459.403.07$6,881
Jul 201801,76865.142.93$5,184
Jun 201802,84760.183.08$8,760
May 201802,20565.382.90$6,396
Apr 201802,51063.842.90$7,281
Mar 201802,59861.222.79$7,240
Feb 201801,76761.782.77$4,888
Jan 201802,48862.874.01$9,975
Dec 201702,59257.272.92$7,573
Nov 201702,49955.423.12$7,793
Oct 201701,74249.292.98$5,198
Sep 201702,54847.523.09$7,866
Aug 201702,41545.373.00$7,256
Jul 201702,72043.873.09$8,397
Jun 201702,01142.493.09$6,209
May 201702,76945.373.26$9,036
Apr 201702,47547.933.21$7,949
Mar 201702,24346.772.98$6,692
Feb 201703,06350.452.95$9,044
Jan 201702,16449.413.42$7,398
Dec 201602,57248.763.72$9,575
Nov 201602,66342.492.64$7,042
Oct 201602,16346.193.09$6,684
Sep 201602,78941.553.10$8,648
Aug 201622,89441.442.92$8,546
Jul 201652,97941.622.92$8,920
Jun 201612,36445.352.69$6,395
May 201602,81542.521.99$5,605
Apr 201611,78936.561.99$3,599
Mar 2016050033.011.79$897
Feb 201612,42026.472.06$5,020
Jan 201602,43327.352.36$5,752
Dec 201511,54632.362.00$3,127
Nov 201502,25638.792.17$4,890
Oct 201502,46943.552.43$5,991
Sep 201503,09042.992.76$8,524
Aug 201503,29340.162.87$9,459
Jul 201503,06448.152.95$9,024
Jun 201502,50756.152.88$7,227
May 201502,81455.212.96$8,317
Apr 201503,33949.822.71$9,037
Mar 201502,09242.892.93$6,139
Feb 201512,68944.662.98$8,048
Jan 201502,79643.433.10$8,669
Dec 201402,96554.693.59$10,648
Nov 201403,01670.464.25$12,824
Oct 201403,50178.303.90$13,657
Sep 201413,52486.164.05$14,342
Aug 201403,41389.394.04$13,772
Jul 201403,21096.564.18$13,417
Jun 201402,81098.164.74$13,311
May 201403,49194.734.73$16,500
Apr 201402,80495.944.81$13,485
Mar 201412,81595.895.06$14,331
Feb 201422,76997.406.19$17,340
Jan 201402,57090.404.86$12,492
Dec 201312,95091.824.35$12,938
Nov 201303,15188.853.74$11,779
Oct 201312,33597.423.78$8,922
Sep 201303,564104.113.72$13,250
Aug 201324,342104.253.52$15,504
Jul 201302,991102.523.72$11,120
Jun 201313,25794.403.93$12,906
May 201313,56894.834.15$14,899
Apr 201313,92893.964.28$16,916
Mar 201303,26193.623.91$12,760
Feb 201303,40691.233.42$11,648
Jan 201314,08691.603.42$14,065
Dec 201203,30986.773.42$11,317
Nov 201203,97686.953.62$14,413
Oct 201214,11689.383.40$14,082
Sep 201203,58594.672.92$10,462
Aug 201214,19692.662.91$12,295
Jul 201234,02085.133.02$12,399
Jun 201213,61879.822.52$9,194
May 201223,60191.612.49$9,144
Apr 201203,917101.652.00$7,821
Mar 201213,985105.052.22$8,960
Feb 201213,966101.102.57$10,295
Jan 201224,39998.092.73$12,223
Dec 201114,02296.873.24$13,127
Nov 201133,90095.723.31$13,201
Oct 201103,68384.983.65$13,438
Sep 201103,98483.623.99$15,879
Aug 201114,24783.404.15$17,706
Jul 201134,15994.144.52$19,070
Jun 201103,63092.904.64$16,843
May 201113,03498.134.40$13,462
Apr 201114,040105.964.33$17,612
Mar 201115,51696.364.06$22,477
Feb 201114,43485.644.18$18,620
Jan 201135,81986.504.59$26,962
Dec 201036,28785.734.35$27,591
Nov 201025,96280.843.80$22,789
Oct 201045,91278.103.51$21,057
Sep 201014,38472.633.98$17,519
Aug 201025,20873.684.42$23,163
Jul 201035,87272.554.74$28,030
Jun 201015,01870.364.91$24,711
May 201025,08671.124.24$21,683
Apr 201014,32081.694.12$17,892
Mar 201025,31878.394.39$23,496
Feb 201024,84773.585.44$26,526
Jan 201045,50974.365.96$33,154
Dec 200936,55671.445.48$36,166
Nov 200935,87274.593.75$22,253
Oct 200915,87472.544.11$24,216
Sep 200914,93265.543.06$15,181
Aug 200926,00767.423.22$19,468
Jul 200906,56761.133.46$22,751
Jun 200906,20866.163.90$24,180
May 200906,73154.743.93$26,424
Apr 200916,36846.773.59$22,892
Mar 200907,16342.144.06$29,075
Feb 200906,12332.814.63$28,368
Jan 200907,04535.865.37$37,839
Dec 200807,36137.105.98$43,998
Nov 200807,40355.496.86$50,787
Oct 200806,94975.246.92$48,101
Sep 200825,941101.767.88$47,001
Aug 200806,820114.228.48$57,854
Jul 200817,093131.0811.39$80,916
Jun 200815,978131.3313.03$78,040
May 200807,101123.1711.57$82,189
Apr 200816,968110.3110.45$72,960
Mar 200816,895101.909.66$66,736
Feb 200805,78392.538.77$50,720
Jan 200818,46690.388.21$69,560
Dec 200729,35088.337.30$68,450
Nov 200718,94391.677.29$65,301
Oct 200728,73582.856.92$60,629
Sep 200717,00375.846.24$43,804
Aug 200715,15169.066.39$32,973
Jul 200715,02570.906.39$32,170
Jun 200735,10162.007.55$38,691
May 200725,78958.747.85$45,540
Apr 200708,19459.617.81$63,956
Mar 200738,04456.927.30$58,908
Feb 200768,37255.108.22$69,115
Jan 200709,45850.306.73$63,623
Dec 2006010,42856.656.92$72,145
Nov 200628,92854.207.62$68,117
Oct 2006010,94754.906.01$65,833
Sep 2006010,58960.085.04$53,339
Aug 2006012,72868.717.34$93,423
Jul 2006011,90369.376.34$75,498
Jun 2006011,61366.286.38$74,136
May 2006115,09166.016.42$97,026
Apr 2006415,66464.397.36$115,552
Mar 2006013,19856.707.08$93,480
Feb 2006414,46457.597.75$112,343
Jan 2006016,85260.598.93$150,544
Dec 2005018,01154.9413.42$241,625
Nov 2005018,34154.6910.59$194,202
Oct 2005024,35558.3413.80$335,996
Sep 2005024,05861.4512.08$290,597
Aug 2005027,76761.519.80$272,029
Jul 2005040,79355.697.84$319,966
Jun 200503,18252.337.38$23,486

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                  439 Mcf  × $  3.05 =     $1,337

────────────────────────────────────────────────────
Month total                                   $1,337

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/216564 is the state's own key, not one this site invented.