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 216987District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Aug 2005 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
250
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 Gas112006-07-31166398
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
CondensateDisposition93 bbl$6,106
GasProduction1,964,304 Mcf$12,633,145
Total$12,639,251

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 31.4292, -96.2452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42922, -96.24522 · 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
14,250 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 14,250 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-161331271314,250 ftAug 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 (250)

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

250 months

May 202601,499106.413.05$4,566
Apr 202601,71098.932.87$4,907
Mar 202601,24489.753.15$3,918
Feb 202601,42763.503.75$5,352
Jan 2026071259.138.00$5,695
Dec 202501,31256.664.41$5,790
Nov 202501,16558.593.93$4,574
Oct 202501,48859.383.30$4,918
Sep 202501,75062.743.08$5,385
Aug 202501,46763.933.01$4,423
Jul 202501,11766.743.32$3,703
Jun 202501,42466.483.13$4,455
May 202502,04060.553.23$6,594
Apr 202502,03862.363.54$7,221
Mar 202501,85767.704.27$7,926
Feb 202501,27370.884.34$5,526
Jan 202501,41374.324.28$6,046
Dec 202401,34868.993.12$4,208
Nov 2024053069.052.20$1,165
Oct 202401,63371.372.28$3,726
Sep 202402,17869.612.36$5,150
Aug 202461,72475.632.06$4,011
Jul 202402,04979.932.15$4,398
Jun 202402,65878.082.63$7,001
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202401,19080.301.55$1,839
Feb 202401,38276.091.78$2,465
Jan 202401,36173.023.30$4,488
Dec 202301,36971.262.61$3,574
Nov 202301,44177.892.81$4,046
Oct 202302,44085.443.09$7,533
Sep 202301,40789.042.74$3,848
Aug 202301,25880.522.67$3,362
Jul 202301,23774.852.64$3,268
Jun 202301,22768.962.26$2,771
May 202301,67270.622.23$3,724
Apr 202301,21878.122.24$2,726
Mar 202302,03372.852.39$4,865
Feb 202301,72675.112.47$4,256
Jan 202301,67776.533.39$5,681
Dec 202201,82276.415.73$10,438
Nov 202202,49985.005.65$14,110
Oct 202203,31187.185.86$19,415
Sep 202203,35384.888.16$27,373
Aug 202202,24494.529.13$20,481
Jul 202201,536101.587.54$11,585
Jun 202201,814115.097.98$14,471
May 202202,477109.378.43$20,889
Apr 202202,120104.226.84$14,496
Mar 202201,757108.885.08$8,919
Feb 202201,68991.054.86$8,207
Jan 202202,18881.844.54$9,928
Dec 202102,95071.323.90$11,502
Nov 202103,40577.435.24$17,831
Oct 202102,96179.795.71$16,919
Sep 202102,88869.865.35$15,453
Aug 202102,61066.024.22$11,016
Jul 202103,55370.783.98$14,148
Jun 202101,73269.493.38$5,855
May 202121,87763.483.02$5,791
Apr 202101,05260.362.76$2,902
Mar 2021013361.302.72$361
Feb 2021083057.805.55$4,605
Jan 202102,60950.412.81$7,332
Dec 202002,56544.642.68$6,863
Nov 202003,45338.772.71$9,346
Oct 202003,65136.972.48$9,049
Sep 202004,98137.091.99$9,917
Aug 202005,29339.982.39$12,624
Jul 202035,13638.371.83$9,489
Jun 202007,53634.901.69$12,738
May 202003,89016.921.81$7,059
Apr 202005,64614.751.80$10,188
Mar 202003,05030.341.86$5,662
Feb 202005,22849.881.98$10,355
Jan 202003,90057.252.09$8,169
Dec 201904,44659.012.30$10,245
Nov 201912,15055.302.75$5,969
Oct 201905,56353.472.42$13,454
Sep 201901,15555.052.66$3,069
Aug 201902,52653.112.30$5,821
Jul 201904,65956.272.46$11,461
Jun 201901,66252.782.49$4,140
May 201904,34558.482.74$11,907
Apr 201973,32562.632.75$9,584
Mar 201901,20256.803.06$3,681
Feb 201901,15350.852.79$3,219
Jan 201901,16146.033.23$3,748
Dec 201801,62646.594.19$6,806
Nov 201801,56852.934.24$6,644
Oct 201802,51961.443.40$8,560
Sep 201802,05059.543.11$6,371
Aug 201802,75459.403.07$8,445
Jul 201892,89565.142.93$9,074
Jun 201802,78460.183.08$8,566
May 201804,39265.382.90$12,740
Apr 201805,10063.842.90$14,794
Mar 201803,33061.222.79$9,280
Feb 201803,72761.782.77$10,309
Jan 201804,12862.874.01$16,550
Dec 201703,01757.272.92$8,814
Nov 201703,78355.423.12$11,797
Oct 201702,21449.292.98$6,606
Sep 201702,17047.523.09$6,699
Aug 201701,92545.373.00$5,783
Jul 201701,71343.873.09$5,289
Jun 201721,83142.493.09$5,738
May 201701,28045.373.26$4,177
Apr 201701,64747.933.21$5,290
Mar 2017052046.772.98$1,552
Feb 201701,03650.452.95$3,059
Jan 201702,15649.413.42$7,371
Dec 201603,83748.763.72$14,285
Nov 201604,63142.492.64$12,246
Oct 201603,44746.193.09$10,652
Sep 201605,28541.553.10$16,387
Aug 201605,22141.442.92$15,268
Jul 201605,83841.622.92$17,072
Jun 201603,15445.352.69$8,471
May 201605,80742.521.99$11,562
Apr 201604,74036.561.99$9,438
Mar 201604,96533.011.79$8,907
Feb 201605,44126.472.06$11,228
Jan 201606,20527.352.36$14,671
Dec 201504,94732.362.00$9,901
Nov 201505,30638.792.17$11,500
Oct 201504,72443.552.43$11,463
Sep 201505,04242.992.76$13,908
Aug 201506,11840.162.87$17,574
Jul 201503,32748.152.95$9,798
Jun 201505,91156.152.88$17,041
May 201506,77655.212.96$20,026
Apr 201506,48549.822.71$17,552
Mar 201507,13542.892.93$20,939
Feb 201506,78744.662.98$20,199
Jan 201506,79443.433.10$21,066
Dec 201405,34854.693.59$19,207
Nov 201404,93470.464.25$20,979
Oct 201402,32178.303.90$9,054
Sep 201403,99086.164.05$16,141
Aug 201404,16989.394.04$16,822
Jul 201402,55596.564.18$10,679
Jun 201404,36498.164.74$20,672
May 201402,34194.734.73$11,065
Apr 201404,14695.944.81$19,939
Mar 201403,57095.895.06$18,053
Feb 201403,29097.406.19$20,372
Jan 201404,38490.404.86$21,309
Dec 201304,75691.824.35$20,710
Nov 201305,72488.853.74$21,398
Oct 201304,17997.423.78$15,794
Sep 201305,758104.113.72$21,407
Aug 201304,187104.253.52$14,749
Jul 201305,678102.523.72$21,109
Jun 201306,32894.403.93$24,891
May 201306,23494.834.15$25,865
Apr 201306,87693.964.28$29,447
Mar 201306,54993.623.91$25,625
Feb 201306,71391.233.42$22,958
Jan 201306,78591.603.42$23,204
Dec 201204,71886.773.42$16,136
Nov 201203,27786.953.62$11,879
Oct 201204,29589.383.40$14,602
Sep 201204,03394.672.92$11,770
Aug 201205,36692.662.91$15,605
Jul 201206,54385.133.02$19,765
Jun 201204,88879.822.52$12,313
May 201206,03291.612.49$15,010
Apr 201204,564101.652.00$9,113
Mar 201206,088105.052.22$13,528
Feb 201206,733101.102.57$17,305
Jan 201204,58898.092.73$12,544
Dec 201106,96596.873.24$22,565
Nov 201106,44995.723.31$21,354
Oct 201107,74384.983.65$28,251
Sep 201106,27683.623.99$25,015
Aug 201105,95783.404.15$24,718
Jul 201107,07794.144.52$31,969
Jun 201106,56892.904.64$30,475
May 201106,23398.134.40$27,455
Apr 201104,263105.964.33$18,473
Mar 201105,75196.364.06$23,334
Feb 201105,60985.644.18$23,446
Jan 201107,51886.504.59$34,498
Dec 201006,73885.734.35$29,295
Nov 201005,61480.843.80$21,307
Oct 201006,10478.103.51$21,418
Sep 201005,24972.633.98$20,888
Aug 201006,76973.684.42$29,915
Jul 201005,99472.554.74$28,391
Jun 201009,21970.364.91$45,269
May 201009,76071.124.24$41,336
Apr 2010010,89781.694.12$44,925
Mar 2010013,48878.394.39$59,194
Feb 201003,71473.585.44$20,213
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200909174.593.75$341
Oct 200902,67972.544.11$11,011
Sep 200909,48165.543.06$29,057
Aug 2009011,32267.423.22$36,440
Jul 2009010,26361.133.46$35,556
Jun 2009010,10966.163.90$39,375
May 200909,56154.743.93$37,534
Apr 2009010,64546.773.59$38,189
Mar 2009010,42642.144.06$42,319
Feb 200918,87732.814.63$41,160
Jan 2009024,38335.865.37$130,961
Dec 2008031,50837.105.98$188,328
Nov 2008015,21055.496.86$104,346
Oct 2008013,69675.246.92$94,803
Sep 2008016,964101.767.88$133,627
Aug 2008015,045114.228.48$127,627
Jul 2008013,441131.0811.39$153,085
Jun 2008014,780131.3313.03$192,622
May 2008915,880123.1711.57$184,908
Apr 2008015,013110.3110.45$156,959
Mar 2008018,391101.909.66$177,732
Feb 2008018,23392.538.77$159,914
Jan 2008020,45690.388.21$167,856
Dec 2007019,82288.337.30$144,740
Nov 2007119,18291.677.29$139,961
Oct 2007120,17682.856.92$139,741
Sep 2007016,56675.846.24$103,441
Aug 2007017,13169.066.39$109,432
Jul 2007018,82170.906.39$120,227
Jun 2007319,02362.007.55$143,780
May 2007320,53158.747.85$161,268
Apr 2007621,41459.617.81$167,498
Mar 2007025,41956.927.30$185,609
Feb 20071223,65055.108.22$194,970
Jan 2007029,04250.306.73$195,361
Dec 2006029,75956.656.92$205,886
Nov 2006220,27854.207.62$154,576
Oct 2006030,10954.906.01$181,070
Sep 2006032,60860.085.04$164,253
Aug 2006032,64568.717.34$239,612
Jul 2006035,69169.376.34$226,379
Jun 2006033,88666.286.38$216,324
May 2006042,91466.016.42$275,722
Apr 2006050,99364.397.36$375,333
Mar 2006048,62056.707.08$344,372
Feb 20062527,99657.597.75$218,440
Jan 2006036,42560.598.93$325,396
Dec 2005058,24354.9413.42$781,353
Nov 2005079,34954.6910.59$840,179
Oct 2005093,95658.3413.80$1,296,194
Sep 200502,76861.4512.08$33,435
Aug 2005015,70661.519.80$153,869

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                1,499 Mcf  × $  3.05 =     $4,566

────────────────────────────────────────────────────
Month total                                   $4,566

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/216987 is the state's own key, not one this site invented.