LEWIS "B"

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 221463District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 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 Gas112006-12-15171654
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
CondensateDisposition915 bbl$51,401
GasProduction1,482,990 Mcf$8,627,405
Total$8,678,805

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 31.3938, -96.2682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39382, -96.26820 · 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
14,670 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 14,670 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-289315571514,670 ftAug 2010

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 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
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 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201907456.272.46$182
Jun 2019013952.782.49$346
May 2019010558.482.74$288
Apr 2019013062.632.75$358
Mar 2019013956.803.06$426
Feb 201908450.852.79$235
Jan 2019013446.033.23$433
Dec 201804246.594.19$176
Nov 201807952.934.24$335
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018129865.142.93$939
Jun 2018017760.183.08$545
May 2018024565.382.90$711
Apr 2018023163.842.90$670
Mar 2018125161.222.79$761
Feb 2018017461.782.77$481
Jan 2018014062.874.01$561
Dec 201701,02957.272.92$3,006
Nov 201701,63255.423.12$5,089
Oct 201702,78749.292.98$8,316
Sep 201702,95247.523.09$9,114
Aug 201703,33845.373.00$10,029
Jul 201702,49343.873.09$7,697
Jun 201702,48942.493.09$7,684
May 201712,88445.373.26$9,457
Apr 201703,98047.933.21$12,782
Mar 201714,45646.772.98$13,342
Feb 201714,27750.452.95$12,679
Jan 201714,33949.413.42$14,884
Dec 201624,03748.763.72$15,127
Nov 201603,66042.492.64$9,678
Oct 201603,82446.193.09$11,817
Sep 201694,39241.553.10$13,992
Aug 201674,62241.442.92$13,806
Jul 201604,87541.622.92$14,256
Jun 201605,25145.352.69$14,103
May 2016154,32542.521.99$9,249
Apr 2016115,44936.561.99$11,251
Mar 201605,79033.011.79$10,387
Feb 2016116,67926.472.06$14,074
Jan 2016146,71027.352.36$16,248
Dec 201506,65732.362.00$13,323
Nov 2015071638.792.17$1,552
Oct 201508,68143.552.43$21,065
Sep 201502,83542.992.76$7,820
Aug 2015019740.162.87$566
Jul 201502,48448.152.95$7,316
Jun 201507,60256.152.88$21,916
May 201505,85255.212.96$17,295
Apr 201506,50049.822.71$17,593
Mar 2015010,95942.892.93$32,161
Feb 2015012,14544.662.98$36,146
Jan 201507,27643.433.10$22,560
Dec 201409,08154.693.59$32,613
Nov 201408,67170.464.25$36,868
Oct 201409,06578.303.90$35,362
Sep 201409,77586.164.05$39,544
Aug 201406,56289.394.04$26,478
Jul 201408,15096.564.18$34,064
Jun 201406,72598.164.74$31,856
May 2014091794.734.73$4,334
Apr 201403,18495.944.81$15,312
Mar 201404,05695.895.06$20,510
Feb 201404,84897.406.19$30,019
Jan 201403,86390.404.86$18,777
Dec 201307,52991.824.35$32,785
Nov 201307,04088.853.74$26,317
Oct 201306,67697.423.78$25,231
Sep 201307,598104.113.72$28,247
Aug 2013010,289104.253.52$36,244
Jul 201308,433102.523.72$31,352
Jun 201307,89794.403.93$31,062
May 201309,33594.834.15$38,732
Apr 201318,58893.964.28$36,873
Mar 2013610,36793.623.91$41,126
Feb 201396,22091.233.42$22,093
Jan 201317,25891.603.42$24,913
Dec 201218,27886.773.42$28,399
Nov 201206,41086.953.62$23,236
Oct 201204,27589.383.40$14,534
Sep 201203,66294.672.92$10,687
Aug 201203,22392.662.91$9,373
Jul 201204,20785.133.02$12,709
Jun 201204,72179.822.52$11,892
May 201203,16691.612.49$7,878
Apr 201204,961101.652.00$9,906
Mar 201208,954105.052.22$19,897
Feb 201207,237101.102.57$18,601
Jan 201207,26598.092.73$19,863
Dec 201107,56596.873.24$24,509
Nov 201107,59895.723.31$25,159
Oct 201107,14584.983.65$26,069
Sep 201107,11383.623.99$28,351
Aug 201108,42483.404.15$34,954
Jul 201108,11194.144.52$36,639
Jun 201108,74992.904.64$40,594
May 201106,87798.134.40$30,292
Apr 201119,341105.964.33$40,583
Mar 2011011,24896.364.06$45,637
Feb 201109,58285.644.18$40,053
Jan 201107,67486.504.59$35,214
Dec 201004,00385.734.35$17,404
Nov 201013,84780.843.80$14,681
Oct 201013,13778.103.51$11,085
Sep 201013,18872.633.98$12,759
Aug 20100073.684.42$0
Jul 2010019272.554.74$909
Jun 201006870.364.91$334
May 20106071.124.24$427
Apr 201085,60881.694.12$23,774
Mar 2010107,49878.394.39$33,690
Feb 2010089673.585.44$4,876
Jan 2010108,78274.365.96$53,120
Dec 200996,22271.445.48$34,763
Nov 200968,75974.593.75$33,307
Oct 20096072.544.11$435
Sep 200913,72765.543.06$11,488
Aug 20091116,17267.423.22$52,791
Jul 2009127,15361.133.46$25,515
Jun 200958,54566.163.90$33,614
May 200902,41154.743.93$9,465
Apr 200908,77746.773.59$31,487
Mar 20091216,27942.144.06$66,582
Feb 2009194,91432.814.63$23,390
Jan 20091015,03635.865.37$81,117
Dec 20081812,54937.105.98$75,675
Nov 20081116,20755.496.86$111,796
Oct 200839,69275.246.92$67,314
Sep 200841,763101.767.88$14,294
Aug 200833,798114.228.48$32,561
Jul 200806,244131.0811.39$71,116
Jun 2008018,849131.3313.03$245,652
May 2008019,642123.1711.57$227,342
Apr 2008021,444110.3110.45$224,194
Mar 2008018,985101.909.66$183,472
Feb 2008018,90092.538.77$165,764
Jan 2008024,10490.388.21$197,791
Dec 2007023,80288.337.30$173,801
Nov 2007024,56191.677.29$179,091
Oct 2007022,39682.856.92$155,025
Sep 2007020,77675.846.24$129,729
Aug 2007027,24969.066.39$174,065
Jul 2007028,59470.906.39$182,657
Jun 2007032,75262.007.55$247,227
May 200711338,56258.747.85$309,206
Apr 20079836,83359.617.81$293,331
Mar 200712731,47956.927.30$237,088
Feb 200711434,16555.108.22$286,981
Jan 20078951,60350.306.73$351,602
Dec 200611370,41956.656.92$493,591
Nov 2006064,78354.207.62$493,483
Oct 200605,66654.906.01$34,074
Sep 2006024,86060.085.04$125,225
Aug 2006028,97268.717.34$212,652
Jul 2006026,03669.376.34$165,140
Jun 2006057,16366.286.38$364,922
May 2006016,39966.016.42$105,364

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.

Jul 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.27 =         $0
Gas                   74 Mcf  × $  2.46 =       $182

────────────────────────────────────────────────────
Month total                                     $182

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/221463 is the state's own key, not one this site invented.