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 220496District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
May 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
241
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 Gas112007-01-26171293
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
CondensateDisposition563 bbl$44,948
GasProduction719,879 Mcf$4,202,552
Total$4,247,499

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 31.4233, -96.2404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42329, -96.24039 · 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
14,346 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 14,346 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-161331871714,346 ftMay 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 (241)

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

241 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024014269.612.36$336
Aug 2024011675.632.06$239
Jul 20241019779.932.15$1,222
Jun 2024069978.082.63$1,841
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024048280.301.55$745
Feb 2024026176.091.78$466
Jan 2024063573.023.30$2,094
Dec 2023062471.262.61$1,629
Nov 2023064777.892.81$1,816
Oct 2023086985.443.09$2,683
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023027675.112.47$681
Jan 202303976.533.39$132
Dec 2022027976.415.73$1,598
Nov 2022046885.005.65$2,642
Oct 2022066387.185.86$3,888
Sep 2022080184.888.16$6,539
Aug 2022085394.529.13$7,785
Jul 20220481101.587.54$3,628
Jun 20220671115.097.98$5,353
May 20220813109.378.43$6,856
Apr 20220321104.226.84$2,195
Mar 20220351108.885.08$1,782
Feb 2022053091.054.86$2,575
Jan 2022064181.844.54$2,909
Dec 2021040571.323.90$1,579
Nov 2021050977.435.24$2,666
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202133070.783.98$2,336
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202104960.362.76$135
Mar 2021019061.302.72$516
Feb 2021037057.805.55$2,053
Jan 2021028650.412.81$804
Dec 2020017944.642.68$479
Nov 2020052138.772.71$1,410
Oct 2020047836.972.48$1,185
Sep 2020076737.091.99$1,527
Aug 2020073039.982.39$1,741
Jul 202001,04738.371.83$1,911
Jun 2020087634.901.69$1,481
May 2020067416.921.81$1,223
Apr 202001,25314.751.80$2,261
Mar 2020029730.341.86$551
Feb 202001,49249.881.98$2,955
Jan 202005657.252.09$117
Dec 2019084659.012.30$1,949
Nov 2019064655.302.75$1,777
Oct 2019055853.472.42$1,350
Sep 2019097255.052.66$2,583
Aug 2019014753.112.30$339
Jul 2019062856.272.46$1,545
Jun 2019083552.782.49$2,080
May 2019073558.482.74$2,014
Apr 201901,09262.632.75$3,004
Mar 201902,31056.803.06$7,073
Feb 201901,48550.852.79$4,146
Jan 2019080846.033.23$2,608
Dec 2018063546.594.19$2,658
Nov 201801,58952.934.24$6,733
Oct 201801,80061.443.40$6,117
Sep 201801,78459.543.11$5,545
Aug 2018080859.403.07$2,478
Jul 2018063465.142.93$1,859
Jun 2018082360.183.08$2,532
May 2018071965.382.90$2,086
Apr 2018098263.842.90$2,849
Mar 2018032261.222.79$897
Feb 20182862361.782.77$3,453
Jan 201801,12362.874.01$4,502
Dec 201701,46057.272.92$4,265
Nov 201701,10055.423.12$3,430
Oct 201701,56649.292.98$4,672
Sep 201701,36347.523.09$4,208
Aug 201701,10745.373.00$3,326
Jul 201701,12043.873.09$3,458
Jun 201701,09542.493.09$3,381
May 201701,03245.373.26$3,368
Apr 2017070747.933.21$2,271
Mar 2017066746.772.98$1,990
Feb 2017057950.452.95$1,710
Jan 2017097649.413.42$3,337
Dec 2016125848.763.72$1,009
Nov 2016053142.492.64$1,404
Oct 20161517946.193.09$1,246
Sep 2016163941.553.10$2,023
Aug 2016047141.442.92$1,377
Jul 2016011041.622.92$322
Jun 2016059545.352.69$1,598
May 2016069642.521.99$1,386
Apr 2016044436.561.99$884
Mar 2016031533.011.79$565
Feb 2016275326.472.06$824
Jan 2016081827.352.36$1,934
Dec 2015251632.362.00$1,097
Nov 2015076638.792.17$1,660
Oct 2015161043.552.43$1,524
Sep 2015156042.992.76$1,588
Aug 2015147940.162.87$1,416
Jul 2015018148.152.95$533
Jun 2015372056.152.88$2,244
May 201531,02155.212.96$3,183
Apr 2015093849.822.71$2,539
Mar 2015074642.892.93$2,189
Feb 2015289844.662.98$2,762
Jan 2015037343.433.10$1,157
Dec 2014061354.693.59$2,202
Nov 2014016870.464.25$714
Oct 2014020678.303.90$804
Sep 201402586.164.05$101
Aug 201402,14289.394.04$8,643
Jul 2014212,88296.564.18$14,073
Jun 201401,90998.164.74$9,043
May 201401,93494.734.73$9,141
Apr 201401,87295.944.81$9,003
Mar 201401,92295.895.06$9,719
Feb 201401,49497.406.19$9,251
Jan 201401,29790.404.86$6,304
Dec 201301,60391.824.35$6,980
Nov 201302,99388.853.74$11,189
Oct 201303,31897.423.78$12,540
Sep 201301,943104.113.72$7,224
Aug 201322,466104.253.52$8,895
Jul 201301,541102.523.72$5,729
Jun 201311,35694.403.93$5,428
May 2013039994.834.15$1,655
Apr 2013016193.964.28$690
Mar 2013013893.623.91$540
Feb 2013059891.233.42$2,045
Jan 201322,30891.603.42$8,076
Dec 201222,60386.773.42$9,076
Nov 201212,07386.953.62$7,601
Oct 201212,26189.383.40$7,776
Sep 201252,75894.672.92$8,522
Aug 201262,54092.662.91$7,943
Jul 201242,63685.133.02$8,303
Jun 201211,85179.822.52$4,743
May 201223,22891.612.49$8,216
Apr 2012572,302101.652.00$10,391
Mar 201222,152105.052.22$4,992
Feb 201213,447101.102.57$8,961
Jan 201223,71598.092.73$10,353
Dec 201123,94896.873.24$12,984
Nov 201133,92895.723.31$13,294
Oct 201113,17784.983.65$11,676
Sep 201122,59783.623.99$10,518
Aug 201142,04883.404.15$8,831
Jul 201153,19094.144.52$14,881
Jun 201183,95592.904.64$19,094
May 201153,17298.134.40$14,463
Apr 2011883,197105.964.33$23,178
Mar 201186,04696.364.06$25,302
Feb 201165,11085.644.18$21,874
Jan 201165,78386.504.59$27,056
Dec 201046,67285.734.35$29,351
Nov 201014,92380.843.80$18,765
Oct 201065,84578.103.51$20,978
Sep 201047,02172.633.98$28,230
Aug 2010515,10673.684.42$26,323
Jul 201044,46872.554.74$21,453
Jun 201033,43270.364.91$17,064
May 2010325,01371.124.24$23,507
Apr 201004,33481.694.12$17,868
Mar 201005,14978.394.39$22,597
Feb 201003,33573.585.44$18,150
Jan 201003,47374.365.96$20,713
Dec 200903,51271.445.48$19,259
Nov 200905,53674.593.75$20,768
Oct 200925,32172.544.11$22,016
Sep 200936,67265.543.06$20,645
Aug 200923,47667.423.22$11,322
Jul 200901,12561.133.46$3,898
Jun 200906,35366.163.90$24,745
May 200907,32854.743.93$28,768
Apr 200905,63646.773.59$20,219
Mar 200905,59842.144.06$22,722
Feb 200906,39532.814.63$29,628
Jan 200906,53735.865.37$35,110
Dec 200805,45937.105.98$32,629
Nov 200806,09155.496.86$41,786
Oct 200804,03775.246.92$27,944
Sep 200815,769101.767.88$45,545
Aug 200825,073114.228.48$43,263
Jul 200815,909131.0811.39$67,431
Jun 200816,526131.3313.03$85,182
May 200818,511123.1711.57$98,632
Apr 2008210,454110.3110.45$109,516
Mar 200808,032101.909.66$77,622
Feb 200802,69492.538.77$23,628
Jan 200889,03990.388.21$74,895
Dec 200729,69788.337.30$70,984
Nov 200707,56291.677.29$55,140
Oct 2007011,33182.856.92$78,433
Sep 2007011,47675.846.24$71,658
Aug 2007011,83169.066.39$75,576
Jul 2007013,62170.906.39$87,010
Jun 2007013,64862.007.55$103,021
May 2007013,18958.747.85$103,485
Apr 20071413,39659.617.81$105,393
Mar 2007017,31156.927.30$126,404
Feb 20073015,22855.108.22$126,766
Jan 2007018,52850.306.73$124,635
Dec 2006022,17956.656.92$153,444
Nov 2006921,80754.207.62$166,602
Oct 2006014,47754.906.01$87,062
Sep 2006114,72760.085.04$74,243
Aug 2006220,43268.717.34$150,107
Jul 2006130,09469.376.34$190,948
Jun 2006026,48866.286.38$169,096
May 2006029,36766.016.42$188,683

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.

Sep 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.61 =         $0
Gas                  142 Mcf  × $  2.36 =       $336

────────────────────────────────────────────────────
Month total                                     $336

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/220496 is the state's own key, not one this site invented.