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 227151District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Jan 2007 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
233
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 Gas112007-07-25175493
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
CondensateDisposition1,637 bbl$140,441
GasProduction1,511,232 Mcf$8,254,751
Total$8,395,192

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 31.3973, -96.2706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39730, -96.27063 · 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
14,583 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 14,583 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-289315991614,583 ftMay 2007

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 (233)

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

233 months

May 202602,219106.413.05$6,759
Apr 202601,60698.932.87$4,609
Mar 202601,68889.753.15$5,316
Feb 202601,10463.503.75$4,140
Jan 202603,07659.138.00$24,602
Dec 202502,36356.664.41$10,429
Nov 2025090258.593.93$3,542
Oct 2025074959.383.30$2,475
Sep 2025060962.743.08$1,874
Aug 2025080463.933.01$2,424
Jul 2025073666.743.32$2,440
Jun 2025063266.483.13$1,977
May 2025048960.553.23$1,581
Apr 2025057962.363.54$2,051
Mar 2025042467.704.27$1,810
Feb 2025048570.884.34$2,105
Jan 2025066374.324.28$2,837
Dec 2024086168.993.12$2,688
Nov 2024072869.052.20$1,600
Oct 2024059471.372.28$1,355
Sep 2024044969.612.36$1,062
Aug 2024071475.632.06$1,473
Jul 2024081779.932.15$1,754
Jun 202401,44878.082.63$3,814
May 20240078.812.20$0
Apr 2024075484.451.66$1,251
Mar 202401,40980.301.55$2,177
Feb 202401,36076.091.78$2,426
Jan 2024078373.023.30$2,582
Dec 202301,48671.262.61$3,880
Nov 202301,17277.892.81$3,290
Oct 202301,94885.443.09$6,014
Sep 202302,43489.042.74$6,657
Aug 202302,22780.522.67$5,953
Jul 202302,37574.852.64$6,274
Jun 202302,17468.962.26$4,910
May 202301,57870.622.23$3,515
Apr 202302,38578.122.24$5,337
Mar 202302,34772.852.39$5,617
Feb 202302,78675.112.47$6,869
Jan 202302,14676.533.39$7,270
Dec 202201,56976.415.73$8,989
Nov 202201,55285.005.65$8,763
Oct 202202,56887.185.86$15,058
Sep 202203,55384.888.16$29,006
Aug 202203,55394.529.13$32,429
Jul 202204,249101.587.54$32,046
Jun 202202,868115.097.98$22,879
May 202203,285109.378.43$27,703
Apr 202203,631104.226.84$24,827
Mar 202203,335108.885.08$16,930
Feb 202203,91891.054.86$19,037
Jan 202203,64381.844.54$16,531
Dec 202103,10971.323.90$12,122
Nov 202102,59977.435.24$13,611
Oct 202102,35479.795.71$13,450
Sep 2021065769.865.35$3,516
Aug 2021079266.024.22$3,343
Jul 202101,76870.783.98$7,040
Jun 202101,23769.493.38$4,182
May 202102,18563.483.02$6,594
Apr 202102,10360.362.76$5,801
Mar 202102,18461.302.72$5,934
Feb 202101,10157.805.55$6,108
Jan 202101,14350.412.81$3,212
Dec 202001,44544.642.68$3,866
Nov 2020064638.772.71$1,748
Oct 202001,25236.972.48$3,103
Sep 2020062537.091.99$1,244
Aug 2020089739.982.39$2,139
Jul 2020078438.371.83$1,431
Jun 2020059934.901.69$1,013
May 202001,30916.921.81$2,376
Apr 2020011014.751.80$198
Mar 202002,42330.341.86$4,498
Feb 2020051149.881.98$1,012
Jan 2020062357.252.09$1,305
Dec 201901,01159.012.30$2,330
Nov 2019072955.302.75$2,005
Oct 2019071353.472.42$1,724
Sep 201901,08955.052.66$2,894
Aug 201901,28453.112.30$2,959
Jul 201901,41956.272.46$3,491
Jun 201911,35652.782.49$3,431
May 2019091758.482.74$2,513
Apr 2019082962.632.75$2,280
Mar 2019271356.803.06$2,297
Feb 2019472150.852.79$2,217
Jan 2019065146.033.23$2,102
Dec 2018870746.594.19$3,332
Nov 2018096152.934.24$4,072
Oct 201801,29161.443.40$4,387
Sep 201801,26259.543.11$3,922
Aug 201871,75159.403.07$5,785
Jul 2018141,33065.142.93$4,811
Jun 2018151,06860.183.08$4,189
May 201801,52265.382.90$4,415
Apr 201801,05963.842.90$3,072
Mar 2018111,75161.222.79$5,553
Feb 201802,17061.782.77$6,002
Jan 201812,70162.874.01$10,892
Dec 201703,34557.272.92$9,772
Nov 201701,25955.423.12$3,926
Oct 201701,11849.292.98$3,336
Sep 201703,40247.523.09$10,503
Aug 201703,31545.373.00$9,960
Jul 201703,67043.873.09$11,330
Jun 201704,34342.493.09$13,408
May 201704,73945.373.26$15,465
Apr 201704,83447.933.21$15,525
Mar 201705,21646.772.98$15,563
Feb 201715,19950.452.95$15,401
Jan 201715,08749.413.42$17,441
Dec 201614,19948.763.72$15,681
Nov 201604,08442.492.64$10,800
Oct 201605,13546.193.09$15,868
Sep 201663,57641.553.10$11,337
Aug 201664,56441.442.92$13,595
Jul 201604,30641.622.92$12,592
Jun 201604,39545.352.69$11,804
May 2016104,24242.521.99$8,871
Apr 201654,04036.561.99$8,227
Mar 201603,57633.011.79$6,415
Feb 201653,48626.472.06$7,326
Jan 201664,17427.352.36$10,033
Dec 201503,88032.362.00$7,765
Nov 201504,32438.792.17$9,372
Oct 201505,07543.552.43$12,315
Sep 201504,38842.992.76$12,104
Aug 201504,33740.162.87$12,458
Jul 201504,00548.152.95$11,795
Jun 201504,35256.152.88$12,546
May 201504,50555.212.96$13,314
Apr 201504,31649.822.71$11,682
Mar 201504,13242.892.93$12,126
Feb 201504,01244.662.98$11,940
Jan 201504,14543.433.10$12,852
Dec 201405,17754.693.59$18,592
Nov 201405,45370.464.25$23,185
Oct 201405,80278.303.90$22,633
Sep 201405,56486.164.05$22,509
Aug 201404,65889.394.04$18,796
Jul 201404,60396.564.18$19,239
Jun 201404,71398.164.74$22,325
May 201405,13594.734.73$24,271
Apr 201406,38695.944.81$30,711
Mar 201404,80595.895.06$24,298
Feb 201405,57897.406.19$34,539
Jan 201406,19790.404.86$30,122
Dec 201306,38991.824.35$27,821
Nov 201306,14288.853.74$22,961
Oct 201307,94097.423.78$30,008
Sep 201307,403104.113.72$27,522
Aug 201306,157104.253.52$21,689
Jul 201308,027102.523.72$29,842
Jun 201307,03394.403.93$27,664
May 201306,49594.834.15$26,948
Apr 201314,98393.964.28$21,434
Mar 201379,24893.623.91$36,842
Feb 201397,89791.233.42$27,828
Jan 201329,71791.603.42$33,414
Dec 201218,70386.773.42$29,852
Nov 201236,67086.953.62$24,439
Oct 201208,68989.383.40$29,540
Sep 201249,44094.672.92$27,928
Aug 20121212,18292.662.91$36,539
Jul 2012011,71785.133.02$35,395
Jun 20124210,86979.822.52$30,732
May 20129511,00491.612.49$36,084
Apr 201212112,690101.652.00$37,639
Mar 201212913,986105.052.22$44,629
Feb 2012178,574101.102.57$23,756
Jan 201207498.092.73$202
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011109083.623.99$9,115
Aug 2011732983.404.15$6,209
Jul 2011766,17194.144.52$35,031
Jun 2011446,45492.904.64$34,033
May 2011317,56498.134.40$36,360
Apr 20111707,710105.964.33$51,423
Mar 20114410,36596.364.06$46,294
Feb 20111019,43885.644.18$48,100
Jan 20113711,00586.504.59$53,700
Dec 20107112,75585.734.35$61,542
Nov 20101913,76280.843.80$53,767
Oct 201027,38378.103.51$26,062
Sep 201087,03472.633.98$28,573
Aug 201015,25773.684.42$23,306
Jul 201065,16772.554.74$24,909
Jun 201057,06770.364.91$35,054
May 201098,93471.124.24$38,478
Apr 201098,28481.694.12$34,888
Mar 2010149,32978.394.39$42,039
Feb 201028,64473.585.44$47,191
Jan 2010149,67174.365.96$58,720
Dec 2009138,70871.445.48$48,681
Nov 2009188,48674.593.75$33,178
Oct 2009914,91372.544.11$61,949
Sep 2009215,00765.543.06$46,124
Aug 20091416,03067.423.22$52,536
Jul 20092413,09561.133.46$46,835
Jun 2009915,53166.163.90$61,089
May 2009016,20654.743.93$63,621
Apr 2009019,43746.773.59$69,730
Mar 20092116,20342.144.06$66,653
Feb 20092013,17032.814.63$61,673
Jan 20091116,04035.865.37$86,545
Dec 20082214,22837.105.98$85,859
Nov 20082518,11655.496.86$125,670
Oct 20082521,59875.246.92$151,382
Sep 20082119,140101.767.88$152,904
Aug 20081020,672114.228.48$176,503
Jul 2008122,817131.0811.39$260,004
Jun 2008021,254131.3313.03$276,996
May 2008023,704123.1711.57$274,357
Apr 2008022,851110.3110.45$238,904
Mar 2008023,762101.909.66$229,638
Feb 2008024,59992.538.77$215,748
Jan 2008030,50490.388.21$250,308
Dec 2007034,18688.337.30$249,625
Nov 2007038,23191.677.29$278,769
Oct 2007047,25382.856.92$327,084
Sep 2007020,98475.846.24$131,027
Aug 2007044,02669.066.39$281,235
Jul 2007033,07170.906.39$211,256
Jun 2007018,29062.007.55$138,061
May 2007024,75258.747.85$194,211
Apr 20070059.617.81$0
Mar 200705,08356.927.30$37,116
Feb 2007034,08255.108.22$280,018
Jan 2007047,01750.306.73$316,276

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                2,219 Mcf  × $  3.05 =     $6,759

────────────────────────────────────────────────────
Month total                                   $6,759

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/227151 is the state's own key, not one this site invented.