HUFFMAN "B"

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

Gas lease lease 220502District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Mar 2006 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
243
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112006-12-15171289
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
CondensateDisposition699 bbl$47,451
GasProduction1,008,541 Mcf$4,735,612
Total$4,783,063

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 31.4736, -96.2769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47365, -96.27690 · 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
13,450 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 13,450 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-293317222213,450 ftJul 2018

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 (243)

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

243 months

May 202601,470106.413.05$4,477
Apr 202601,22698.932.87$3,518
Mar 202601,79989.753.15$5,666
Feb 2026094263.503.75$3,533
Jan 202601,70059.138.00$13,596
Dec 202502,18256.664.41$9,630
Nov 2025132,77358.593.93$11,650
Oct 202502,54559.383.30$8,411
Sep 202502,62162.743.08$8,065
Aug 202501,96863.933.01$5,933
Jul 20250066.743.32$0
Jun 2025067766.483.13$2,118
May 2025094060.553.23$3,038
Apr 202501,41562.363.54$5,014
Mar 2025171,47767.704.27$7,455
Feb 202501,13970.884.34$4,944
Jan 202502,11274.324.28$9,037
Dec 202402,20268.993.12$6,873
Nov 202402,12369.052.20$4,667
Oct 202402,24571.372.28$5,122
Sep 202402,09569.612.36$4,953
Aug 202401,69675.632.06$3,500
Jul 202402,25779.932.15$4,845
Jun 202402,88278.082.63$7,591
May 20240078.812.20$0
Apr 2024094384.451.66$1,565
Mar 20241768180.301.55$2,417
Feb 202401,73476.091.78$3,093
Jan 202401,77273.023.30$5,843
Dec 202302,28271.262.61$5,958
Nov 202302,21077.892.81$6,205
Oct 202301,71585.443.09$5,295
Sep 2023191,25889.042.74$5,132
Aug 202301,57880.522.67$4,218
Jul 202301,99674.852.64$5,273
Jun 202302,31068.962.26$5,217
May 202302,25070.622.23$5,012
Apr 202303,29578.122.24$7,373
Mar 2023243,10072.852.39$9,167
Feb 202303,47175.112.47$8,558
Jan 202302,02176.533.39$6,847
Dec 202202,90976.415.73$16,666
Nov 202204,30085.005.65$24,279
Oct 202204,31587.185.86$25,302
Sep 202204,17684.888.16$34,092
Aug 2022224,08194.529.13$39,327
Jul 202204,102101.587.54$30,938
Jun 2022193,902115.097.98$33,314
May 2022214,545109.378.43$40,625
Apr 202203,483104.226.84$23,815
Mar 202204,328108.885.08$21,971
Feb 202203,37691.054.86$16,403
Jan 202203,91881.844.54$17,779
Dec 2021154,08671.323.90$17,002
Nov 202103,85577.435.24$20,188
Oct 202102,65679.795.71$15,176
Sep 202102,90369.865.35$15,534
Aug 202102,83366.024.22$11,957
Jul 202102,06570.783.98$8,223
Jun 202102,50669.493.38$8,472
May 202102,24763.483.02$6,781
Apr 202101,45260.362.76$4,005
Mar 2021111,88561.302.72$5,796
Feb 202101,45857.805.55$8,089
Jan 202102,17550.412.81$6,112
Dec 2020111,72444.642.68$5,104
Nov 202001,73138.772.71$4,685
Oct 202001,50536.972.48$3,730
Sep 2020122,11537.091.99$4,656
Aug 202002,65039.982.39$6,321
Jul 202001,63838.371.83$2,990
Jun 2020102,09434.901.69$3,889
May 202001,70416.921.81$3,092
Apr 202003,83714.751.80$6,923
Mar 202003,75830.341.86$6,976
Feb 202002,37649.881.98$4,706
Jan 202094,17757.252.09$9,265
Dec 201902,94359.012.30$6,782
Nov 201901,60255.302.75$4,407
Oct 201901,35253.472.42$3,270
Sep 201901,82555.052.66$4,850
Aug 201971,66553.112.30$4,209
Jul 201902,98456.272.46$7,341
Jun 201901,72152.782.49$4,287
May 201981,28158.482.74$3,978
Apr 201901,60162.632.75$4,404
Mar 201901,62056.803.06$4,961
Feb 201902,90450.852.79$8,109
Jan 201902,74146.033.23$8,848
Dec 201801,15646.594.19$4,838
Nov 201841,50452.934.24$6,585
Oct 201801,38761.443.40$4,713
Sep 201802,32259.543.11$7,217
Aug 201872,88259.403.07$9,254
Jul 201801,22065.142.93$3,577
Jun 201801,96060.183.08$6,031
May 201843,27365.382.90$9,756
Apr 201802,35163.842.90$6,820
Mar 201801,99261.222.79$5,551
Feb 201842,30561.782.77$6,623
Jan 201802,81862.874.01$11,298
Dec 201702,50257.272.92$7,310
Nov 201702,54655.423.12$7,939
Oct 201742,28149.292.98$7,003
Sep 201701,62447.523.09$5,014
Aug 201702,00745.373.00$6,030
Jul 201703,03743.873.09$9,376
Jun 201761,97042.493.09$6,337
May 201752,14645.373.26$7,230
Apr 201703,34447.933.21$10,740
Mar 201772,72546.772.98$8,458
Feb 201702,13750.452.95$6,310
Jan 201751,71849.413.42$6,121
Dec 201601,84048.763.72$6,850
Nov 201602,72042.492.64$7,193
Oct 201603,36346.193.09$10,393
Sep 201654,49041.553.10$14,130
Aug 201604,27841.442.92$12,510
Jul 201604,96041.622.92$14,505
Jun 201663,72245.352.69$10,269
May 201604,27342.521.99$8,508
Apr 201635,43036.561.99$10,921
Mar 201602,03033.011.79$3,642
Feb 201651,34526.472.06$2,908
Jan 201625,07227.352.36$12,047
Dec 201514,66032.362.00$9,359
Nov 201504,44138.792.17$9,625
Oct 201504,60143.552.43$11,165
Sep 201504,44242.992.76$12,253
Aug 201505,02140.162.87$14,423
Jul 201506,25848.152.95$18,430
Jun 201508,13256.152.88$23,443
May 201506,64555.212.96$19,639
Apr 201506,01349.822.71$16,275
Mar 201504,42342.892.93$12,980
Feb 201504,12344.662.98$12,271
Jan 201502,04543.433.10$6,341
Dec 201402,88154.693.59$10,347
Nov 201402,37270.464.25$10,085
Oct 201402,40078.303.90$9,362
Sep 201402,53486.164.05$10,251
Aug 201401,36389.394.04$5,500
Jul 201401,99996.564.18$8,355
Jun 201402,50798.164.74$11,875
May 201402,20194.734.73$10,403
Apr 201401,59495.944.81$7,666
Mar 201402,26195.895.06$11,433
Feb 201401,39897.406.19$8,656
Jan 201401,70090.404.86$8,263
Dec 201312,75891.824.35$12,101
Nov 201331,48588.853.74$5,818
Oct 201322,47197.423.78$9,534
Sep 201301,789104.113.72$6,651
Aug 201333,867104.253.52$13,935
Jul 20130667102.523.72$2,480
Jun 201383,58594.403.93$14,856
May 2013091394.834.15$3,788
Apr 201331,77793.964.28$7,892
Mar 201302,93693.623.91$11,488
Feb 201304,50791.233.42$15,414
Jan 201334,67491.603.42$16,259
Dec 201224,26486.773.42$14,757
Nov 201203,43286.953.62$12,441
Oct 201218,41289.383.40$28,687
Sep 201206,17094.672.92$18,007
Aug 201205,60292.662.91$16,292
Jul 201203,81885.133.02$11,533
Jun 201204,61579.822.52$11,625
May 201205,34991.612.49$13,310
Apr 201203,334101.652.00$6,657
Mar 201206,233105.052.22$13,850
Feb 201204,978101.102.57$12,795
Jan 201206,36998.092.73$17,413
Dec 201103,64796.873.24$11,815
Nov 201105,62295.723.31$18,616
Oct 201106,12284.983.65$22,336
Sep 201105,31083.623.99$21,165
Aug 201113,62783.404.15$15,133
Jul 201106,61294.144.52$29,868
Jun 201116,22892.904.64$28,990
May 201105,73298.134.40$25,248
Apr 2011105,793105.964.33$26,162
Mar 201105,20296.364.06$21,106
Feb 201124,80485.644.18$20,252
Jan 201144,91286.504.59$22,886
Dec 201045,60685.734.35$24,716
Nov 201038,25680.843.80$31,577
Oct 201057,01878.103.51$25,016
Sep 201099,73272.633.98$39,382
Aug 20101812,64573.684.42$57,209
Jul 20101115,17572.554.74$72,674
Jun 2010112,28670.364.91$60,400
May 2010611,10871.124.24$47,472
Apr 201065,42581.694.12$22,856
Mar 201058,70778.394.39$38,604
Feb 201076,36773.585.44$35,167
Jan 201037,19474.365.96$43,129
Dec 200908,10371.445.48$44,435
Nov 200912,83774.593.75$10,718
Oct 200902,82372.544.11$11,603
Sep 200902,55665.543.06$7,834
Aug 200922,24167.423.22$7,348
Jul 200902,43461.133.46$8,433
Jun 200954,55666.163.90$18,076
May 200934,56654.743.93$18,089
Apr 2009611,04046.773.59$39,887
Mar 2009711,15142.144.06$45,557
Feb 200947,47932.814.63$34,781
Jan 200958,59335.865.37$46,332
Dec 200805,86637.105.98$35,062
Nov 200802,71655.496.86$18,633
Oct 200802,07675.246.92$14,370
Sep 200801,388101.767.88$10,933
Aug 200801,875114.228.48$15,906
Jul 200802,131131.0811.39$24,271
Jun 200802,432131.3313.03$31,695
May 200804,613123.1711.57$53,392
Apr 200804,622110.3110.45$48,322
Mar 200809,084101.909.66$87,788
Feb 200807,81592.538.77$68,542
Jan 200808,33290.388.21$68,370
Dec 200708,90488.337.30$65,017
Nov 200707,95691.677.29$58,013
Oct 200707,39182.856.92$51,160
Sep 200706,53875.846.24$40,824
Aug 2007010,47369.066.39$66,901
Jul 2007014,19570.906.39$90,677
Jun 200749,73962.007.55$73,762
May 200797,20958.747.85$57,092
Apr 200758,69959.617.81$68,195
Mar 200748,49256.927.30$62,236
Feb 200738,08555.108.22$66,592
Jan 200738,22850.306.73$55,499
Dec 2006612,27556.656.92$85,264
Nov 2006413,68354.207.62$104,447
Oct 20064616,09454.906.01$99,312
Sep 20066521,81160.085.04$113,772
Aug 20066215,40468.717.34$117,324
Jul 20062716,54869.376.34$106,833
Jun 2006014,56166.286.38$92,956
May 200602,51366.016.42$16,146
Apr 200633,40664.397.36$25,263
Mar 200608,92356.707.08$63,201

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                1,470 Mcf  × $  3.05 =     $4,477

────────────────────────────────────────────────────
Month total                                   $4,477

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/220502 is the state's own key, not one this site invented.