METZGAR

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 217857District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Nov 2005 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
247
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 Gas112006-08-14167315
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
CondensateDisposition40 bbl$3,076
GasProduction1,607,586 Mcf$10,463,698
Total$10,466,774

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 31.7450, -96.0901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74501, -96.09010 · 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
12,754 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 12,754 ft.

1 well

42-16133367112,754 ft

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 (247)

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

247 months

May 202601,019106.413.05$3,104
Apr 202601,07098.932.87$3,071
Mar 2026092989.753.15$2,926
Feb 2026080863.503.75$3,030
Jan 202601,28959.138.00$10,309
Dec 202501,70656.664.41$7,529
Nov 2025045458.593.93$1,783
Oct 202501,04759.383.30$3,460
Sep 2025095662.743.08$2,942
Aug 202501,21663.933.01$3,666
Jul 202501,11466.743.32$3,693
Jun 2025096066.483.13$3,004
May 202501,11460.553.23$3,601
Apr 2025086962.363.54$3,079
Mar 202501,16867.704.27$4,985
Feb 2025088370.884.34$3,833
Jan 202501,08874.324.28$4,655
Dec 202401,30668.993.12$4,077
Nov 202401,23969.052.20$2,724
Oct 202401,26971.372.28$2,895
Sep 202401,17769.612.36$2,783
Aug 202401,64275.632.06$3,388
Jul 202401,81379.932.15$3,892
Jun 202401,75478.082.63$4,620
May 20240078.812.20$0
Apr 2024066284.451.66$1,098
Mar 2024055080.301.55$850
Feb 2024094176.091.78$1,678
Jan 202401,27073.023.30$4,188
Dec 202301,45671.262.61$3,801
Nov 2023096677.892.81$2,712
Oct 202301,42985.443.09$4,412
Sep 2023056089.042.74$1,532
Aug 2023069480.522.67$1,855
Jul 202301,15074.852.64$3,038
Jun 202301,00668.962.26$2,272
May 2023084970.622.23$1,891
Apr 202301,22978.122.24$2,750
Mar 202301,14172.852.39$2,731
Feb 202301,32875.112.47$3,274
Jan 202301,35876.533.39$4,601
Dec 202201,93876.415.73$11,103
Nov 202201,95085.005.65$11,010
Oct 202201,85287.185.86$10,860
Sep 202201,78484.888.16$14,564
Aug 202201,27794.529.13$11,655
Jul 202201,335101.587.54$10,069
Jun 202201,350115.097.98$10,769
May 202201,760109.378.43$14,842
Apr 202201,198104.226.84$8,191
Mar 202201,755108.885.08$8,909
Feb 202201,55891.054.86$7,570
Jan 202202,30081.844.54$10,437
Dec 202102,17971.323.90$8,496
Nov 202101,87677.435.24$9,824
Oct 202102,11679.795.71$12,091
Sep 202102,43469.865.35$13,024
Aug 202101,74566.024.22$7,365
Jul 202101,63870.783.98$6,523
Jun 202102,47569.493.38$8,367
May 202102,32863.483.02$7,025
Apr 202102,28060.362.76$6,289
Mar 202102,38961.302.72$6,491
Feb 202101,71457.805.55$9,509
Jan 202102,74950.412.81$7,725
Dec 202002,38544.642.68$6,381
Nov 202003,52938.772.71$9,551
Oct 202001,72336.972.48$4,270
Sep 202001,40337.091.99$2,793
Aug 202001,12039.982.39$2,671
Jul 202001,28338.371.83$2,342
Jun 202001,35634.901.69$2,292
May 202001,29016.921.81$2,341
Apr 202001,52714.751.80$2,755
Mar 202001,29230.341.86$2,398
Feb 202001,57049.881.98$3,110
Jan 202001,89057.252.09$3,959
Dec 201901,82559.012.30$4,205
Nov 201901,56455.302.75$4,302
Oct 201902,35653.472.42$5,698
Sep 201903,83955.052.66$10,201
Aug 2019093353.112.30$2,150
Jul 201901,54356.272.46$3,796
Jun 2019092852.782.49$2,312
May 201901,62158.482.74$4,442
Apr 201901,79662.632.75$4,940
Mar 201901,54156.803.06$4,719
Feb 201901,84250.852.79$5,143
Jan 201901,74146.033.23$5,620
Dec 201801,88546.594.19$7,890
Nov 201803,07252.934.24$13,017
Oct 201802,08261.443.40$7,075
Sep 201801,78059.543.11$5,532
Aug 201801,68459.403.07$5,164
Jul 201801,53665.142.93$4,503
Jun 201801,67560.183.08$5,154
May 201802,79765.382.90$8,114
Apr 201802,03163.842.90$5,892
Mar 201803,02561.222.79$8,430
Feb 201802,06061.782.77$5,698
Jan 201803,36262.874.01$13,479
Dec 201703,13157.272.92$9,147
Nov 201703,84255.423.12$11,981
Oct 201702,73449.292.98$8,157
Sep 201702,36947.523.09$7,314
Aug 201704,41245.373.00$13,255
Jul 201701,71143.873.09$5,282
Jun 201701,74542.493.09$5,387
May 2017037945.373.26$1,237
Apr 2017048447.933.21$1,554
Mar 201701,01446.772.98$3,025
Feb 2017061550.452.95$1,816
Jan 2017049849.413.42$1,703
Dec 2016028948.763.72$1,076
Nov 2016047942.492.64$1,267
Oct 2016081946.193.09$2,531
Sep 2016065741.553.10$2,037
Aug 2016062141.442.92$1,816
Jul 2016051541.622.92$1,506
Jun 2016055545.352.69$1,491
May 2016050242.521.99$1,000
Apr 2016085336.561.99$1,698
Mar 201601,00333.011.79$1,799
Feb 2016086826.472.06$1,791
Jan 201601,71227.352.36$4,048
Dec 201501,89632.362.00$3,795
Nov 201501,61338.792.17$3,496
Oct 201503,31943.552.43$8,054
Sep 201502,41842.992.76$6,670
Aug 201502,99840.162.87$8,612
Jul 201503,26848.152.95$9,625
Jun 201501,03756.152.88$2,990
May 201501,82755.212.96$5,400
Apr 201501,51649.822.71$4,103
Mar 201501,95542.892.93$5,737
Feb 201502,03444.662.98$6,054
Jan 2015099543.433.10$3,085
Dec 201402,86154.693.59$10,275
Nov 201404,68770.464.25$19,928
Oct 201403,52278.303.90$13,739
Sep 201401,89886.164.05$7,678
Aug 201402,23589.394.04$9,018
Jul 201404,69796.564.18$19,632
Jun 201414,02298.164.74$19,150
May 201402,48994.734.73$11,764
Apr 201402,06795.944.81$9,940
Mar 201402,99595.895.06$15,145
Feb 201403,33897.406.19$20,669
Jan 201404,98190.404.86$24,211
Dec 201305,95391.824.35$25,922
Nov 201306,42888.853.74$24,030
Oct 201303,73497.423.78$14,112
Sep 201301,149104.113.72$4,272
Aug 201302,987104.253.52$10,522
Jul 201302,727102.523.72$10,138
Jun 201304,33694.403.93$17,055
May 201304,33094.834.15$17,966
Apr 201306,47293.964.28$27,717
Mar 201318,28493.623.91$32,508
Feb 201301,78191.233.42$6,091
Jan 201302,31291.603.42$7,907
Dec 201202,61886.773.42$8,954
Nov 201203,74686.953.62$13,579
Oct 201215,57289.383.40$19,032
Sep 201218,07794.672.92$23,667
Aug 201218,06092.662.91$23,532
Jul 201208,23085.133.02$24,861
Jun 201206,48079.822.52$16,323
May 201203,46891.612.49$8,629
Apr 201204,028101.652.00$8,043
Mar 201213,875105.052.22$8,716
Feb 201204,648101.102.57$11,946
Jan 201215,92798.092.73$16,303
Dec 201106,42696.873.24$20,819
Nov 201116,11195.723.31$20,331
Oct 201116,34784.983.65$23,242
Sep 201105,19583.623.99$20,706
Aug 201116,24983.404.15$26,013
Jul 201124,17694.144.52$19,052
Jun 201114,63592.904.64$21,599
May 201104,78998.134.40$21,095
Apr 201105,301105.964.33$22,971
Mar 201104,46196.364.06$18,100
Feb 201115,10585.644.18$21,424
Jan 201115,32286.504.59$24,508
Dec 201015,50285.734.35$24,007
Nov 201005,73780.843.80$21,774
Oct 201005,79178.103.51$20,320
Sep 201016,48372.633.98$25,872
Aug 201007,24173.684.42$32,001
Jul 201017,50372.554.74$35,610
Jun 201019,30670.364.91$45,767
May 201016,73271.124.24$28,583
Apr 201007,06781.694.12$29,135
Mar 201008,23278.394.39$36,128
Feb 201008,10573.585.44$44,110
Jan 201007,38274.365.96$44,027
Dec 200907,69671.445.48$42,203
Nov 200908,33774.593.75$31,276
Oct 200918,59772.544.11$35,408
Sep 200907,06165.543.06$21,640
Aug 200907,40667.423.22$23,836
Jul 200907,48361.133.46$25,925
Jun 2009010,54066.163.90$41,053
May 200907,93054.743.93$31,131
Apr 200908,27046.773.59$29,669
Mar 2009010,02242.144.06$40,679
Feb 200909,72032.814.63$45,033
Jan 200909,47535.865.37$50,890
Dec 200809,57837.105.98$57,249
Nov 2008011,41855.496.86$78,332
Oct 2008010,66575.246.92$73,823
Sep 200808,678101.767.88$68,357
Aug 200818,405114.228.48$71,414
Jul 200806,624131.0811.39$75,444
Jun 200807,044131.3313.03$91,802
May 2008114,823123.1711.57$171,689
Apr 200809,297110.3110.45$97,199
Mar 2008013,748101.909.66$132,862
Feb 2008010,93392.538.77$95,889
Jan 2008111,74790.388.21$96,483
Dec 2007113,20588.337.30$96,511
Nov 2007016,69991.677.29$121,764
Oct 2007017,60482.856.92$121,855
Sep 2007017,60875.846.24$109,947
Aug 2007018,14869.066.39$115,928
Jul 2007020,72470.906.39$132,384
Jun 2007019,77562.007.55$149,271
May 2007022,89458.747.85$179,633
Apr 2007025,23059.617.81$196,925
Mar 2007025,84056.927.30$188,683
Feb 2007017,69655.108.22$145,390
Jan 2007023,89950.306.73$160,765
Dec 2006026,19656.656.92$181,235
Nov 2006024,67154.207.62$187,931
Oct 2006042,44654.906.01$255,262
Sep 2006028,93660.085.04$145,756
Aug 2006032,38768.717.34$237,718
Jul 2006037,27769.376.34$236,439
Jun 2006032,72166.286.38$208,887
May 2006043,10666.016.42$276,956
Apr 2006030,36264.397.36$223,479
Mar 2006052,89256.707.08$374,630
Feb 2006231,93657.597.75$247,655
Jan 2006056,49560.598.93$504,688
Dec 2005094,74454.9413.42$1,271,029
Nov 20051388,35854.6910.59$936,281

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                1,019 Mcf  × $  3.05 =     $3,104

────────────────────────────────────────────────────
Month total                                   $3,104

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/217857 is the state's own key, not one this site invented.