WORTHY GAS UNIT

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 221721District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Aug 2006 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
238
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 Gas112006-12-15171795
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
CondensateDisposition278 bbl$17,937
GasProduction1,453,871 Mcf$8,085,629
Total$8,103,566

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 31.4947, -96.2514. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49470, -96.25142 · 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
12,286 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 12,286 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-161335462012,286 ftAug 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 (238)

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

238 months

May 2026074106.413.05$225
Apr 202608598.932.87$244
Mar 202604189.753.15$129
Feb 202604363.503.75$161
Jan 202606259.138.00$496
Dec 202505756.664.41$252
Nov 202509758.593.93$381
Oct 2025023559.383.30$777
Sep 2025031662.743.08$972
Aug 2025053363.933.01$1,607
Jul 2025031466.743.32$1,041
Jun 202507066.483.13$219
May 2025021060.553.23$679
Apr 2025032262.363.54$1,141
Mar 2025581867.704.27$3,830
Feb 2025011370.884.34$491
Jan 2025051674.324.28$2,208
Dec 202401,27268.993.12$3,970
Nov 2024078269.052.20$1,719
Oct 202401,30271.372.28$2,970
Sep 202401,20469.612.36$2,847
Aug 202401,07075.632.06$2,208
Jul 202401,16879.932.15$2,507
Jun 202401,45878.082.63$3,840
May 20240078.812.20$0
Apr 2024071084.451.66$1,178
Mar 2024074580.301.55$1,151
Feb 2024088676.091.78$1,580
Jan 202401,08473.023.30$3,575
Dec 2023097171.262.61$2,535
Nov 2023075477.892.81$2,117
Oct 2023059085.443.09$1,822
Sep 2023050189.042.74$1,370
Aug 2023068680.522.67$1,834
Jul 2023092974.852.64$2,454
Jun 2023093668.962.26$2,114
May 202301,03570.622.23$2,305
Apr 202341,01578.122.24$2,584
Mar 202301,02072.852.39$2,441
Feb 202301,16375.112.47$2,868
Jan 2023086676.533.39$2,934
Dec 202201,20776.415.73$6,915
Nov 202201,36985.005.65$7,730
Oct 202201,45587.185.86$8,532
Sep 202201,17884.888.16$9,617
Aug 2022015394.529.13$1,396
Jul 20220543101.587.54$4,095
Jun 20220548115.097.98$4,372
May 20223578109.378.43$5,202
Apr 20220459104.226.84$3,138
Mar 20220640108.885.08$3,249
Feb 2022048291.054.86$2,342
Jan 2022028681.844.54$1,298
Dec 202101,09971.323.90$4,285
Nov 2021089477.435.24$4,682
Oct 202101,25179.795.71$7,148
Sep 202131,12169.865.35$6,208
Aug 202101,12766.024.22$4,757
Jul 2021035370.783.98$1,406
Jun 2021029969.493.38$1,011
May 2021073263.483.02$2,209
Apr 2021064560.362.76$1,779
Mar 2021065361.302.72$1,774
Feb 2021080357.805.55$4,455
Jan 202101,15550.412.81$3,246
Dec 2020072444.642.68$1,937
Nov 2020044138.772.71$1,194
Oct 202001,91136.972.48$4,736
Sep 202002,05837.091.99$4,098
Aug 202004,01439.982.39$9,574
Jul 202003,20338.371.83$5,846
Jun 202042,63534.901.69$4,594
May 202001,66616.921.81$3,023
Apr 202001,75214.751.80$3,161
Mar 2020093030.341.86$1,726
Feb 202001,50849.881.98$2,987
Jan 202001,76257.252.09$3,691
Dec 201901,14959.012.30$2,648
Nov 201901,00055.302.75$2,751
Oct 201901,09853.472.42$2,656
Sep 201901,10055.052.66$2,923
Aug 201901,12253.112.30$2,585
Jul 201971,20056.272.46$3,346
Jun 201971,19152.782.49$3,336
May 201901,61058.482.74$4,412
Apr 201901,44262.632.75$3,967
Mar 201901,32956.803.06$4,070
Feb 201901,15650.852.79$3,228
Jan 201901,59446.033.23$5,146
Dec 201801,91746.594.19$8,023
Nov 201841,34852.934.24$5,924
Oct 201802,14661.443.40$7,292
Sep 201802,38059.543.11$7,397
Aug 201872,39659.403.07$7,763
Jul 201801,73165.142.93$5,075
Jun 201801,83760.183.08$5,652
May 201842,76765.382.90$8,288
Apr 201802,76663.842.90$8,024
Mar 201802,68061.222.79$7,469
Feb 201832,58861.782.77$7,344
Jan 201801,81862.874.01$7,289
Dec 201702,17357.272.92$6,348
Nov 201702,85055.423.12$8,887
Oct 201741,91049.292.98$5,896
Sep 201702,03247.523.09$6,273
Aug 201702,82345.373.00$8,481
Jul 201702,33443.873.09$7,206
Jun 201742,15242.493.09$6,814
May 201732,99245.373.26$9,900
Apr 201702,98147.933.21$9,574
Mar 201732,72346.772.98$8,265
Feb 201702,85950.452.95$8,441
Jan 201742,66149.413.42$9,295
Dec 201602,75348.763.72$10,249
Nov 201603,51542.492.64$9,295
Oct 201602,57346.193.09$7,951
Sep 2016183,84541.553.10$12,670
Aug 201603,93941.442.92$11,519
Jul 201604,33741.622.92$12,683
Jun 201653,97945.352.69$10,914
May 201603,86542.521.99$7,695
Apr 201653,61736.561.99$7,384
Mar 201604,66133.011.79$8,362
Feb 201655,12226.472.06$10,702
Jan 201624,71227.352.36$11,196
Dec 201514,44632.362.00$8,931
Nov 201503,92938.792.17$8,515
Oct 201503,65843.552.43$8,876
Sep 201503,80842.992.76$10,504
Aug 201502,76640.162.87$7,945
Jul 201502,54448.152.95$7,492
Jun 201503,00756.152.88$8,669
May 201503,95855.212.96$11,698
Apr 201502,53749.822.71$6,867
Mar 201503,62942.892.93$10,650
Feb 201504,40144.662.98$13,098
Jan 201503,47243.433.10$10,765
Dec 201403,31754.693.59$11,913
Nov 201405,19670.464.25$22,093
Oct 201413,37078.303.90$13,225
Sep 201403,35686.164.05$13,577
Aug 201405,06089.394.04$20,418
Jul 201404,14896.564.18$17,337
Jun 201402,33798.164.74$11,070
May 201403,15294.734.73$14,898
Apr 201414,49795.944.81$21,723
Mar 201404,33295.895.06$21,906
Feb 201403,34197.406.19$20,687
Jan 201413,82990.404.86$18,702
Dec 201334,46891.824.35$19,731
Nov 201314,25888.853.74$16,006
Oct 201335,86897.423.78$22,470
Sep 201301,994104.113.72$7,413
Aug 201343,860104.253.52$14,014
Jul 201304,076102.523.72$15,154
Jun 2013114,30994.403.93$17,987
May 201305,00094.834.15$20,745
Apr 201323,48093.964.28$15,091
Mar 201303,85693.623.91$15,088
Feb 201302,98491.233.42$10,205
Jan 201333,36491.603.42$11,779
Dec 201223,73886.773.42$12,958
Nov 201204,14386.953.62$15,018
Oct 201216,60589.383.40$22,544
Sep 201205,37394.672.92$15,681
Aug 201204,38592.662.91$12,752
Jul 201205,72285.133.02$17,285
Jun 201205,95579.822.52$15,001
May 201205,66091.612.49$14,084
Apr 201205,317101.652.00$10,617
Mar 201206,427105.052.22$14,281
Feb 201206,628101.102.57$17,036
Jan 201205,79898.092.73$15,852
Dec 201106,15196.873.24$19,928
Nov 201105,80095.723.31$19,205
Oct 201106,59284.983.65$24,051
Sep 201107,05483.623.99$28,116
Aug 201117,72283.404.15$32,124
Jul 201109,33994.144.52$42,187
Jun 201127,50392.904.64$34,999
May 201108,29398.134.40$36,529
Apr 201137,235105.964.33$31,669
Mar 201107,86096.364.06$31,891
Feb 201177,60085.644.18$32,367
Jan 201138,48386.504.59$39,186
Dec 201035,90285.734.35$25,918
Nov 201025,41680.843.80$20,717
Oct 201038,60778.103.51$30,435
Sep 201078,30672.633.98$33,562
Aug 2010149,80773.684.42$44,372
Jul 2010138,09072.554.74$39,261
Jun 201007,69170.364.91$37,766
May 201068,03571.124.24$34,457
Apr 201067,86781.694.12$32,923
Mar 201068,21878.394.39$36,536
Feb 2010117,26473.585.44$40,343
Jan 201068,12874.365.96$48,922
Dec 200909,69471.445.48$53,159
Nov 200938,92074.593.75$33,687
Oct 200909,65172.544.11$39,668
Sep 2009011,97365.543.06$36,694
Aug 2009210,21767.423.22$33,018
Jul 2009011,34561.133.46$39,305
Jun 200969,58366.163.90$37,723
May 200949,41454.743.93$37,176
Apr 2009610,19646.773.59$36,859
Mar 2009910,88442.144.06$44,557
Feb 200969,21532.814.63$42,890
Jan 20091111,06135.865.37$59,803
Dec 2008011,46837.105.98$68,546
Nov 200809,95555.496.86$68,295
Oct 2008010,95475.246.92$75,823
Sep 200808,527101.767.88$67,168
Aug 2008012,067114.228.48$102,365
Jul 2008013,620131.0811.39$155,124
Jun 2008013,948131.3313.03$181,779
May 2008014,141123.1711.57$163,672
Apr 2008015,237110.3110.45$159,301
Mar 2008017,710101.909.66$171,151
Feb 2008017,30292.538.77$151,749
Jan 2008019,39490.388.21$159,142
Dec 2007020,16488.337.30$147,237
Nov 2007020,03091.677.29$146,053
Oct 2007023,43782.856.92$162,230
Sep 2007023,04475.846.24$143,890
Aug 2007023,74369.066.39$151,669
Jul 2007027,50470.906.39$175,694
Jun 2007030,05462.007.55$226,861
May 2007023,44958.747.85$183,987
Apr 2007025,59659.617.81$199,782
Mar 2007029,29256.927.30$213,889
Feb 2007030,87655.108.22$253,677
Jan 2007041,54450.306.73$279,460
Dec 2006045,93856.656.92$317,819
Nov 2006053,56954.207.62$408,061
Oct 2006078,84354.906.01$474,146
Sep 2006077,17260.085.04$388,731
Aug 2006022,35968.717.34$164,113

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                   74 Mcf  × $  3.05 =       $225

────────────────────────────────────────────────────
Month total                                     $225

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/221721 is the state's own key, not one this site invented.