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 218111District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Feb 2006 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
244
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 Gas112006-09-25169955
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
CondensateDisposition585 bbl$44,580
GasProduction2,546,881 Mcf$13,920,918
Total$13,965,497

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 31.4369, -96.2444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43688, -96.24444 · 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
14,325 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 14,325 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-16133267614,325 ftFeb 2006

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 (244)

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

244 months

May 202601,335106.413.05$4,066
Apr 202601,36498.932.87$3,914
Mar 202601,43189.753.15$4,507
Feb 202601,16963.503.75$4,384
Jan 202601,20659.138.00$9,645
Dec 202501,22756.664.41$5,415
Nov 202501,24958.593.93$4,904
Oct 202501,43859.383.30$4,752
Sep 202501,69462.743.08$5,212
Aug 202501,45563.933.01$4,386
Jul 202501,41966.743.32$4,704
Jun 202501,30066.483.13$4,067
May 202501,91060.553.23$6,174
Apr 202501,76962.363.54$6,268
Mar 202501,42267.704.27$6,070
Feb 202501,34970.884.34$5,856
Jan 202501,76074.324.28$7,530
Dec 202401,64768.993.12$5,141
Nov 2024084869.052.20$1,864
Oct 202401,67571.372.28$3,821
Sep 202402,31569.612.36$5,473
Aug 2024921,70475.632.06$10,474
Jul 202402,09679.932.15$4,499
Jun 202402,38778.082.63$6,287
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024093980.301.55$1,451
Feb 202401,34776.091.78$2,403
Jan 202401,28673.023.30$4,241
Dec 202301,41371.262.61$3,689
Nov 202301,54177.892.81$4,326
Oct 202301,88485.443.09$5,816
Sep 202301,39989.042.74$3,826
Aug 202301,54580.522.67$4,130
Jul 202301,78474.852.64$4,713
Jun 202301,89968.962.26$4,289
May 202302,46370.622.23$5,486
Apr 202303,91078.122.24$8,750
Mar 202304,09572.852.39$9,800
Feb 202304,35675.112.47$10,741
Jan 202301,77476.533.39$6,010
Dec 202203,25176.415.73$18,625
Nov 202203,45085.005.65$19,479
Oct 202204,37487.185.86$25,648
Sep 202204,76784.888.16$38,916
Aug 202204,11494.529.13$37,549
Jul 202203,810101.587.54$28,735
Jun 202203,419115.097.98$27,274
May 202204,300109.378.43$36,262
Apr 202204,684104.226.84$32,027
Mar 202203,897108.885.08$19,783
Feb 202203,00291.054.86$14,586
Jan 202204,22981.844.54$19,190
Dec 202104,01471.323.90$15,651
Nov 202104,86477.435.24$25,472
Oct 202103,59579.795.71$20,541
Sep 202104,85069.865.35$25,952
Aug 202103,35566.024.22$14,160
Jul 202104,60570.783.98$18,337
Jun 202103,96169.493.38$13,391
May 2021503,98363.483.02$15,193
Apr 202103,48860.362.76$9,621
Mar 202103,11261.302.72$8,455
Feb 202101,03257.805.55$5,725
Jan 202103,33850.412.81$9,381
Dec 202003,21744.642.68$8,607
Nov 202004,50338.772.71$12,188
Oct 202003,07736.972.48$7,626
Sep 202004,06537.091.99$8,094
Aug 202003,93739.982.39$9,390
Jul 2020283,59138.371.83$7,628
Jun 202003,64734.901.69$6,165
May 202004,92716.921.81$8,941
Apr 202005,56314.751.80$10,038
Mar 202004,53430.341.86$8,416
Feb 202003,49149.881.98$6,915
Jan 202003,91457.252.09$8,199
Dec 201903,70559.012.30$8,538
Nov 201904,14255.302.75$11,393
Oct 201904,19453.472.42$10,143
Sep 201905,30555.052.66$14,097
Aug 201904,86553.112.30$11,211
Jul 201904,83056.272.46$11,882
Jun 201903,92652.782.49$9,780
May 201905,30458.482.74$14,535
Apr 2019266,56162.632.75$19,676
Mar 201904,23256.803.06$12,959
Feb 20190050.852.79$0
Jan 2019032746.033.23$1,056
Dec 201803,62646.594.19$15,176
Nov 201802,30552.934.24$9,767
Oct 201805,76261.443.40$19,580
Sep 201804,17259.543.11$12,967
Aug 201805,89859.403.07$18,087
Jul 2018204,52365.142.93$14,564
Jun 201806,95360.183.08$21,394
May 201806,48265.382.90$18,803
Apr 201806,35463.842.90$18,432
Mar 201805,90661.222.79$16,459
Feb 201805,25961.782.77$14,547
Jan 201806,42662.874.01$25,764
Dec 201704,68657.272.92$13,690
Nov 201707,51455.423.12$23,431
Oct 201705,61449.292.98$16,750
Sep 201705,78647.523.09$17,863
Aug 201708,15445.373.00$24,498
Jul 201707,83543.873.09$24,189
Jun 201766,18642.493.09$19,353
May 201707,21245.373.26$23,536
Apr 201706,12847.933.21$19,681
Mar 201705,21946.772.98$15,572
Feb 201706,18850.452.95$18,271
Jan 201705,73349.413.42$19,600
Dec 201606,29248.763.72$23,424
Nov 201605,81342.492.64$15,372
Oct 201605,33546.193.09$16,487
Sep 201606,64441.553.10$20,601
Aug 201605,77041.442.92$16,873
Jul 201604,97141.622.92$14,537
Jun 201605,67845.352.69$15,250
May 201606,71442.521.99$13,368
Apr 201607,41536.561.99$14,764
Mar 201607,48233.011.79$13,423
Feb 201607,11726.472.06$14,687
Jan 201607,49827.352.36$17,728
Dec 201508,01932.362.00$16,049
Nov 201507,82238.792.17$16,953
Oct 201508,63143.552.43$20,944
Sep 201507,69342.992.76$21,221
Aug 201507,72040.162.87$22,176
Jul 201508,84048.152.95$26,035
Jun 201507,92556.152.88$22,847
May 201507,88855.212.96$23,313
Apr 201508,23549.822.71$22,289
Mar 201507,36542.892.93$21,614
Feb 201508,02344.662.98$23,878
Jan 201506,72543.433.10$20,852
Dec 201407,39854.693.59$26,569
Nov 2014010,58470.464.25$45,001
Oct 2014010,58478.303.90$41,288
Sep 201409,77586.164.05$39,544
Aug 201409,95889.394.04$40,182
Jul 2014012,52396.564.18$52,341
Jun 201407,69798.164.74$36,460
May 201404,96694.734.73$23,472
Apr 201403,16395.944.81$15,211
Mar 201405,26595.895.06$26,624
Feb 201405,20897.406.19$32,248
Jan 201404,88190.404.86$23,725
Dec 201305,52691.824.35$24,063
Nov 201307,85388.853.74$29,357
Oct 201308,58797.423.78$32,453
Sep 201306,341104.113.72$23,574
Aug 201306,954104.253.52$24,496
Jul 201307,345102.523.72$27,307
Jun 201309,08694.403.93$35,739
May 201308,22294.834.15$34,114
Apr 201308,11393.964.28$34,745
Mar 201309,20993.623.91$36,034
Feb 201308,24991.233.42$28,211
Jan 201308,73791.603.42$29,880
Dec 201209,14686.773.42$31,281
Nov 201208,68686.953.62$31,486
Oct 201207,10089.383.40$24,138
Sep 201206,55394.672.92$19,124
Aug 201207,51992.662.91$21,866
Jul 201208,71085.133.02$26,311
Jun 201208,35679.822.52$21,049
May 201208,33391.612.49$20,735
Apr 201207,927101.652.00$15,829
Mar 201206,968105.052.22$15,483
Feb 201204,432101.102.57$11,391
Jan 201207,72398.092.73$21,115
Dec 201107,72096.873.24$25,011
Nov 201108,19595.723.31$27,136
Oct 201108,84184.983.65$32,257
Sep 201109,33883.623.99$37,219
Aug 201109,87483.404.15$40,970
Jul 2011010,49094.144.52$47,386
Jun 2011010,56792.904.64$49,030
May 2011011,71498.134.40$51,598
Apr 201108,789105.964.33$38,085
Mar 2011011,98696.364.06$48,631
Feb 2011010,19885.644.18$42,627
Jan 2011012,40986.504.59$56,942
Dec 2010011,85085.734.35$51,521
Nov 2010011,84680.843.80$44,959
Oct 2010013,82378.103.51$48,503
Sep 2010013,09372.633.98$52,103
Aug 2010013,62873.684.42$60,227
Jul 2010014,55072.554.74$68,916
Jun 2010012,65070.364.91$62,117
May 2010013,63371.124.24$57,739
Apr 2010013,28681.694.12$54,774
Mar 2010014,54878.394.39$63,846
Feb 2010011,57173.585.44$62,974
Jan 2010014,92474.365.96$89,008
Dec 2009015,48971.445.48$84,938
Nov 2009015,55974.593.75$58,370
Oct 2009016,46072.544.11$67,655
Sep 200909,27665.543.06$28,429
Aug 200909,91567.423.22$31,911
Jul 2009010,10761.133.46$35,016
Jun 2009010,28466.163.90$40,056
May 2009011,16454.743.93$43,827
Apr 2009018,73346.773.59$67,205
Mar 20091321,15642.144.06$86,420
Feb 20095718,51032.814.63$87,627
Jan 2009020,92135.865.37$112,367
Dec 2008018,67737.105.98$111,635
Nov 2008022,00855.496.86$150,983
Oct 2008018,50475.246.92$128,084
Sep 20081019,045101.767.88$151,037
Aug 2008719,553114.228.48$166,668
Jul 2008421,729131.0811.39$248,005
Jun 2008320,192131.3313.03$263,549
May 20088723,789123.1711.57$286,057
Apr 20082527,640110.3110.45$291,730
Mar 20082828,252101.909.66$275,883
Feb 20081014,00092.538.77$123,713
Jan 20080090.388.21$0
Dec 200724,79288.337.30$35,168
Nov 2007933,58191.677.29$245,688
Oct 20072035,34582.856.92$246,314
Sep 2007132,24575.846.24$201,419
Aug 2007031,94769.066.39$204,076
Jul 2007034,55870.906.39$220,754
Jun 20071134,62662.007.55$262,055
May 2007833,87658.747.85$266,271
Apr 20071434,94159.617.81$273,556
Mar 2007040,65056.927.30$296,825
Feb 20072836,80155.108.22$303,900
Jan 2007045,68350.306.73$307,303
Dec 2006049,80356.656.92$344,559
Nov 2006640,12254.207.62$305,954
Oct 2006057,97654.906.01$348,656
Sep 2006058,91960.085.04$296,787
Aug 2006060,43368.717.34$443,573
Jul 2006045,67869.376.34$289,725
Jun 2006060,23966.286.38$384,559
May 2006073,03866.016.42$469,269
Apr 2006683,45264.397.36$614,633
Mar 2006067,04556.707.08$474,874
Feb 20061415,27757.597.75$119,220

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                1,335 Mcf  × $  3.05 =     $4,066

────────────────────────────────────────────────────
Month total                                   $4,066

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/218111 is the state's own key, not one this site invented.