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 227316District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Mar 2007 – Jan 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
227
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 Gas112007-07-25175523
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
CondensateDisposition661 bbl$48,932
GasProduction638,733 Mcf$3,566,540
Total$3,615,472

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 31.4208, -96.2318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42076, -96.23181 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,360 ft
1 wells filed one
Completion to plug
18.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 13,360 ft.

Completions filed
Nov 2007
1 of 1 wells
Plug dates filed
Jan 2026
1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-161337812313,360 ftNov 2007Jan 2026Yes

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 (227)

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

227 months

Jan 2026044959.138.00$3,591
Dec 202501,50056.664.41$6,620
Nov 2025059958.593.93$2,352
Oct 2025026159.383.30$863
Sep 2025025562.743.08$785
Aug 2025017463.933.01$525
Jul 2025024766.743.32$819
Jun 2025016466.483.13$513
May 2025029660.553.23$957
Apr 2025053662.363.54$1,899
Mar 2025057667.704.27$2,459
Feb 2025038070.884.34$1,650
Jan 2025048974.324.28$2,092
Dec 2024070768.993.12$2,207
Nov 2024024469.052.20$536
Oct 2024058771.372.28$1,339
Sep 2024071069.612.36$1,679
Aug 202402,62375.632.06$5,413
Jul 2024203,38879.932.15$8,871
Jun 202401,37178.082.63$3,611
May 202403878.812.20$84
Apr 20240084.451.66$0
Mar 202402,28980.301.55$3,537
Feb 202402,32176.091.78$4,140
Jan 202402,26473.023.30$7,466
Dec 202301,54671.262.61$4,036
Nov 2023089377.892.81$2,507
Oct 2023078385.443.09$2,417
Sep 2023097389.042.74$2,661
Aug 2023093980.522.67$2,510
Jul 202301,14474.852.64$3,022
Jun 202302,16468.962.26$4,887
May 202303,61870.622.23$8,059
Apr 202301,00978.122.24$2,258
Mar 2023053972.852.39$1,290
Feb 2023074575.112.47$1,837
Jan 2023082576.533.39$2,795
Dec 2022088076.415.73$5,042
Nov 202202,86285.005.65$16,159
Oct 202203,37887.185.86$19,808
Sep 202202,72484.888.16$22,238
Aug 202203,57994.529.13$32,666
Jul 202201,578101.587.54$11,901
Jun 202201,922115.097.98$15,332
May 202202,150109.378.43$18,131
Apr 202201,602104.226.84$10,954
Mar 202201,048108.885.08$5,320
Feb 202201,07891.054.86$5,238
Jan 202201,21981.844.54$5,531
Dec 202101,34371.323.90$5,237
Nov 202102,11777.435.24$11,086
Oct 202102,64079.795.71$15,085
Sep 202102,51169.865.35$13,436
Aug 202102,14266.024.22$9,041
Jul 2021522,04870.783.98$11,836
Jun 202101,26269.493.38$4,266
May 2021091363.483.02$2,755
Apr 202101,00960.362.76$2,783
Mar 202101,26961.302.72$3,448
Feb 2021096857.805.55$5,370
Jan 202102,17850.412.81$6,121
Dec 202001,39844.642.68$3,740
Nov 202001,59438.772.71$4,314
Oct 2020069536.972.48$1,723
Sep 2020095337.091.99$1,897
Aug 2020093939.982.39$2,240
Jul 202001,25538.371.83$2,291
Jun 202002,11034.901.69$3,567
May 202002,13216.921.81$3,869
Apr 202001,55014.751.80$2,797
Mar 202002,21830.341.86$4,117
Feb 202001,51949.881.98$3,009
Jan 202001,28657.252.09$2,694
Dec 2019042559.012.30$979
Nov 2019080355.302.75$2,209
Oct 2019035553.472.42$859
Sep 2019041155.052.66$1,092
Aug 2019018253.112.30$419
Jul 2019055756.272.46$1,370
Jun 201901,04952.782.49$2,613
May 2019097158.482.74$2,661
Apr 201901,02462.632.75$2,817
Mar 201901,21356.803.06$3,714
Feb 201901,07750.852.79$3,007
Jan 2019060646.033.23$1,956
Dec 2018055746.594.19$2,331
Nov 2018082252.934.24$3,483
Oct 2018077361.443.40$2,627
Sep 2018049659.543.11$1,542
Aug 2018048259.403.07$1,478
Jul 201801,00665.142.93$2,949
Jun 2018052860.183.08$1,625
May 2018063265.382.90$1,833
Apr 2018052563.842.90$1,523
Mar 2018071661.222.79$1,995
Feb 2018231,06161.782.77$4,356
Jan 2018047062.874.01$1,884
Dec 2017062857.272.92$1,835
Nov 2017066655.423.12$2,077
Oct 2017058449.292.98$1,742
Sep 2017034647.523.09$1,068
Aug 2017076245.373.00$2,289
Jul 2017098843.873.09$3,050
Jun 201701,19842.493.09$3,699
May 2017096545.373.26$3,149
Apr 201701,57347.933.21$5,052
Mar 201701,04046.772.98$3,103
Feb 201701,27050.452.95$3,750
Jan 201701,02349.413.42$3,497
Dec 201641,61048.763.72$6,189
Nov 201611,62042.492.64$4,326
Oct 2016491,67146.193.09$7,427
Sep 201621,20541.553.10$3,819
Aug 201601,28241.442.92$3,749
Jul 201601,13141.622.92$3,307
Jun 201601,20345.352.69$3,231
May 201601,05642.521.99$2,103
Apr 201601,36636.561.99$2,720
Mar 201601,04933.011.79$1,882
Feb 20169998126.472.06$4,645
Jan 2016093627.352.36$2,213
Dec 2015599932.362.00$2,161
Nov 2015058838.792.17$1,274
Oct 2015168043.552.43$1,694
Sep 201511,09042.992.76$3,050
Aug 2015175840.162.87$2,218
Jul 201531,30048.152.95$3,973
Jun 2015499756.152.88$3,099
May 2015286655.212.96$2,670
Apr 201501,08949.822.71$2,947
Mar 201511,17042.892.93$3,477
Feb 2015192744.662.98$2,804
Jan 201511,68443.433.10$5,265
Dec 201421,56454.693.59$5,726
Nov 201421,80970.464.25$7,833
Oct 201431,92978.303.90$7,760
Sep 201402,82186.164.05$11,412
Aug 201403,61689.394.04$14,591
Jul 20141303,74196.564.18$28,189
Jun 201402,72298.164.74$12,894
May 201403,71094.734.73$17,536
Apr 201403,80295.944.81$18,284
Mar 201403,31595.895.06$16,763
Feb 201491,94397.406.19$12,908
Jan 201402,93090.404.86$14,242
Dec 201373,03691.824.35$13,863
Nov 201303,39288.853.74$12,680
Oct 201363,52597.423.78$13,907
Sep 201303,212104.113.72$11,941
Aug 201321,926104.253.52$6,993
Jul 201302,771102.523.72$10,302
Jun 201322,59094.403.93$10,376
May 201302,56094.834.15$10,622
Apr 201322,43093.964.28$10,595
Mar 201312,71093.623.91$10,698
Feb 201322,50091.233.42$8,732
Jan 201311,84191.603.42$6,388
Dec 201212,39686.773.42$8,281
Nov 201211,66386.953.62$6,115
Oct 201211,57789.383.40$5,451
Sep 201242,14394.672.92$6,633
Aug 201262,37592.662.91$7,463
Jul 201242,25385.133.02$7,146
Jun 201222,26179.822.52$5,855
May 201212,27191.612.49$5,743
Apr 2012452,294101.652.00$9,155
Mar 201221,836105.052.22$4,290
Feb 201212,178101.102.57$5,699
Jan 201201,39098.092.73$3,800
Dec 201111,59396.873.24$5,258
Nov 201112,74895.723.31$9,195
Oct 201113,53184.983.65$12,968
Sep 201122,97183.623.99$12,009
Aug 201152,65283.404.15$11,421
Jul 201121,06694.144.52$5,004
Jun 201131,62292.904.64$7,805
May 201121,03798.134.40$4,764
Apr 2011371,287105.964.33$9,497
Mar 201121,26896.364.06$5,337
Feb 201111,20685.644.18$5,127
Jan 201111,47586.504.59$6,855
Dec 2010194585.734.35$4,194
Nov 201012,00280.843.80$7,679
Oct 201021,99578.103.51$7,156
Sep 201023,48072.633.98$13,994
Aug 2010323,55673.684.42$18,073
Jul 201033,09472.554.74$14,872
Jun 201022,08370.364.91$10,369
May 2010252,58071.124.24$12,705
Apr 201002,75581.694.12$11,358
Mar 201004,11478.394.39$18,055
Feb 201002,42273.585.44$13,181
Jan 201003,41774.365.96$20,379
Dec 200904,48171.445.48$24,573
Nov 200904,32074.593.75$16,206
Oct 200914,27872.544.11$17,656
Sep 200924,19465.543.06$12,985
Aug 200936,52267.423.22$21,193
Jul 200916,26561.133.46$21,766
Jun 200905,49966.163.90$21,419
May 200907,79754.743.93$30,609
Apr 200909,59646.773.59$34,426
Mar 200906,17342.144.06$25,056
Feb 200906,45132.814.63$29,887
Jan 200906,92835.865.37$37,210
Dec 200807,49537.105.98$44,799
Nov 200806,14755.496.86$42,171
Oct 200806,38575.246.92$44,197
Sep 200827,086101.767.88$56,021
Aug 200826,014114.228.48$51,245
Jul 200817,770131.0811.39$88,627
Jun 200818,989131.3313.03$117,282
May 2008110,281123.1711.57$119,118
Apr 2008212,589110.3110.45$131,837
Mar 200809,138101.909.66$88,310
Feb 200817,88692.538.77$69,257
Jan 200888,92490.388.21$73,951
Dec 2007313,64688.337.30$99,908
Nov 200704,74191.677.29$34,570
Oct 200701,85682.856.92$12,847
Sep 2007011,17875.846.24$69,797
Aug 2007013,32769.066.39$85,132
Jul 2007013,50270.906.39$86,250
Jun 2007022,28662.007.55$168,225
May 2007019,60558.747.85$153,826
Apr 2007033,34259.617.81$260,241
Mar 2007033,35456.927.30$243,550

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  449 Mcf  × $  8.00 =     $3,591

────────────────────────────────────────────────────
Month total                                   $3,591

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/227316 is the state's own key, not one this site invented.