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 228096District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Mar 2007 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
231
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 Gas112007-08-20176000
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
CondensateDisposition242 bbl$20,808
GasProduction2,045,919 Mcf$10,723,253
Total$10,744,062

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 31.4400, -96.2374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43997, -96.23735 · 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
14,240 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 14,240 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-161337462414,240 ftMar 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 (231)

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

231 months

May 20260995106.413.05$3,031
Apr 202602,01698.932.87$5,785
Mar 202602,69889.753.15$8,497
Feb 202601,39163.503.75$5,217
Jan 2026045959.138.00$3,671
Dec 2025049856.664.41$2,198
Nov 2025055958.593.93$2,195
Oct 2025054759.383.30$1,808
Sep 202501,97162.743.08$6,065
Aug 202502,61963.933.01$7,896
Jul 2025099966.743.32$3,312
Jun 2025059466.483.13$1,858
May 2025078360.553.23$2,531
Apr 2025092562.363.54$3,277
Mar 2025096467.704.27$4,115
Feb 202501,86270.884.34$8,083
Jan 202501,75374.324.28$7,501
Dec 2024065968.993.12$2,057
Nov 2024036169.052.20$794
Oct 202401,27471.372.28$2,907
Sep 202402,16569.612.36$5,119
Aug 2024465175.632.06$1,646
Jul 2024084879.932.15$1,820
Jun 202401,92978.082.63$5,081
May 2024020978.812.20$459
Apr 20240084.451.66$0
Mar 2024053680.301.55$828
Feb 2024063176.091.78$1,125
Jan 2024059973.023.30$1,975
Dec 2023058271.262.61$1,519
Nov 202301,40677.892.81$3,947
Oct 202301,77285.443.09$5,471
Sep 202301,03889.042.74$2,839
Aug 2023079580.522.67$2,125
Jul 2023086874.852.64$2,293
Jun 2023099668.962.26$2,249
May 2023096970.622.23$2,158
Apr 202301,59478.122.24$3,567
Mar 202302,81472.852.39$6,734
Feb 202302,40275.112.47$5,923
Jan 2023050376.533.39$1,704
Dec 2022090976.415.73$5,208
Nov 2022096985.005.65$5,471
Oct 202203,38587.185.86$19,849
Sep 202201,80984.888.16$14,768
Aug 202201,43994.529.13$13,134
Jul 202201,185101.587.54$8,937
Jun 20220965115.097.98$7,698
May 202202,269109.378.43$19,135
Apr 202201,289104.226.84$8,814
Mar 202202,458108.885.08$12,478
Feb 202201,45191.054.86$7,050
Jan 202201,66981.844.54$7,573
Dec 202101,67771.323.90$6,539
Nov 202101,14977.435.24$6,017
Oct 202101,10779.795.71$6,325
Sep 202101,10269.865.35$5,897
Aug 202101,36066.024.22$5,740
Jul 202102,20570.783.98$8,780
Jun 202101,29569.493.38$4,378
May 202131,44663.483.02$4,554
Apr 202101,24160.362.76$3,423
Mar 202102,49061.302.72$6,765
Feb 2021090957.805.55$5,043
Jan 202101,98050.412.81$5,564
Dec 202002,11644.642.68$5,661
Nov 202002,46638.772.71$6,674
Oct 202001,80136.972.48$4,464
Sep 202002,67737.091.99$5,330
Aug 202002,00539.982.39$4,782
Jul 202052,11838.371.83$4,057
Jun 202002,75434.901.69$4,655
May 202005,19816.921.81$9,433
Apr 202005,85914.751.80$10,572
Mar 202003,13230.341.86$5,814
Feb 202004,09449.881.98$8,109
Jan 202002,95757.252.09$6,194
Dec 201903,94159.012.30$9,081
Nov 201903,91355.302.75$10,763
Oct 201902,46753.472.42$5,967
Sep 201902,59655.052.66$6,898
Aug 201901,84353.112.30$4,247
Jul 201904,82556.272.46$11,870
Jun 201904,01552.782.49$10,002
May 201904,11458.482.74$11,274
Apr 2019133,10462.632.75$9,352
Mar 201902,36356.803.06$7,236
Feb 201903,92050.852.79$10,946
Jan 201904,35646.033.23$14,062
Dec 201804,55746.594.19$19,073
Nov 201803,61152.934.24$15,301
Oct 201803,58461.443.40$12,179
Sep 201805,68659.543.11$17,672
Aug 201808,81259.403.07$27,023
Jul 2018205,79665.142.93$18,296
Jun 201806,04960.183.08$18,612
May 201806,17065.382.90$17,898
Apr 201803,41663.842.90$9,909
Mar 201804,18661.222.79$11,666
Feb 201805,82161.782.77$16,102
Jan 201806,11962.874.01$24,533
Dec 201707,12257.272.92$20,807
Nov 201709,72955.423.12$30,339
Oct 201709,10949.292.98$27,178
Sep 201708,03047.523.09$24,791
Aug 201705,65845.373.00$16,999
Jul 201705,93743.873.09$18,329
Jun 201766,17442.493.09$19,316
May 201706,82645.373.26$22,276
Apr 201707,88847.933.21$25,333
Mar 201707,47246.772.98$22,294
Feb 201707,55150.452.95$22,295
Jan 201706,41749.413.42$21,938
Dec 201605,83948.763.72$21,738
Nov 201604,57142.492.64$12,087
Oct 201605,09546.193.09$15,745
Sep 201606,08541.553.10$18,867
Aug 201607,13141.442.92$20,853
Jul 201606,16141.622.92$18,017
Jun 201607,27245.352.69$19,531
May 201607,35242.521.99$14,638
Apr 201607,55736.561.99$15,046
Mar 201608,05933.011.79$14,458
Feb 201607,55326.472.06$15,587
Jan 201607,20227.352.36$17,028
Dec 201508,50232.362.00$17,016
Nov 201506,41938.792.17$13,912
Oct 2015011,24743.552.43$27,292
Sep 201506,71442.992.76$18,520
Aug 201505,87440.162.87$16,873
Jul 201505,65648.152.95$16,657
Jun 201505,32156.152.88$15,340
May 201506,37155.212.96$18,829
Apr 201505,56349.822.71$15,057
Mar 201506,91142.892.93$20,282
Feb 201506,93444.662.98$20,637
Jan 201505,35043.433.10$16,588
Dec 201406,45754.693.59$23,189
Nov 201407,28470.464.25$30,970
Oct 201406,91678.303.90$26,979
Sep 201406,51886.164.05$26,368
Aug 201407,71589.394.04$31,131
Jul 201407,61196.564.18$31,811
Jun 201405,49998.164.74$26,048
May 201404,00094.734.73$18,906
Apr 201407,78095.944.81$37,415
Mar 201408,42995.895.06$42,624
Feb 201406,15197.406.19$38,087
Jan 201407,44190.404.86$36,169
Dec 2013010,13591.824.35$44,133
Nov 201308,70588.853.74$32,542
Oct 201308,52397.423.78$32,211
Sep 201306,847104.113.72$25,455
Aug 201306,037104.253.52$21,266
Jul 201307,519102.523.72$27,954
Jun 201307,99594.403.93$31,448
May 201308,26194.834.15$34,276
Apr 201308,27193.964.28$35,421
Mar 201305,18193.623.91$20,273
Feb 201365,98091.233.42$20,998
Jan 201307,73091.603.42$26,436
Dec 201208,79286.773.42$30,070
Nov 201205,49386.953.62$19,912
Oct 2012296,90789.383.40$26,074
Sep 201276,48394.672.92$19,583
Aug 20121810,79792.662.91$33,067
Jul 201209,63985.133.02$29,117
Jun 2012419,63479.822.52$27,541
May 2012812,95791.612.49$32,974
Apr 2012478,445101.652.00$21,641
Mar 201298,673105.052.22$20,218
Feb 2012710,242101.102.57$27,032
Jan 2012411,85898.092.73$32,813
Dec 20111513,85196.873.24$46,327
Nov 2011012,93895.723.31$42,841
Oct 2011013,00084.983.65$47,431
Sep 2011012,78383.623.99$50,950
Aug 2011013,38483.404.15$55,535
Jul 201108,03694.144.52$36,301
Jun 201106,33792.904.64$29,403
May 201108,67598.134.40$38,212
Apr 201108,046105.964.33$34,866
Mar 2011012,00996.364.06$48,725
Feb 2011010,34485.644.18$43,238
Jan 2011011,09386.504.59$50,903
Dec 2010011,62785.734.35$50,551
Nov 2010012,09580.843.80$45,905
Oct 201009,98378.103.51$35,029
Sep 2010013,50272.633.98$53,731
Aug 2010015,83873.684.42$69,994
Jul 2010014,05372.554.74$66,562
Jun 2010016,32570.364.91$80,162
May 2010013,62871.124.24$57,718
Apr 2010016,85781.694.12$69,496
Mar 2010017,53978.394.39$76,973
Feb 2010013,33273.585.44$72,558
Jan 2010016,94774.365.96$101,073
Dec 2009016,55071.445.48$90,756
Nov 2009017,49674.593.75$65,636
Oct 2009017,57572.544.11$72,238
Sep 2009016,23165.543.06$49,744
Aug 2009018,14367.423.22$58,393
Jul 2009020,52961.133.46$71,123
Jun 2009018,98466.163.90$73,943
May 2009019,61454.743.93$77,000
Apr 2009025,37246.773.59$91,022
Mar 2009028,30442.144.06$114,886
Feb 2009025,81232.814.63$119,587
Jan 2009026,21935.865.37$140,822
Dec 2008024,57537.105.98$146,888
Nov 2008024,52855.496.86$168,271
Oct 2008029,16675.246.92$201,886
Sep 2008030,951101.767.88$243,804
Aug 2008033,549114.228.48$284,597
Jul 2008038,427131.0811.39$437,662
Jun 2008034,179131.3313.03$445,442
May 2008026,917123.1711.57$311,545
Apr 2008015,982110.3110.45$167,090
Mar 2008019,808101.909.66$191,426
Feb 2008019,22092.538.77$168,571
Jan 2008027,57390.388.21$226,257
Dec 2007014,04888.337.30$102,578
Nov 2007037,66491.677.29$274,635
Oct 2007032,27682.856.92$223,414
Sep 2007038,65775.846.24$241,380
Aug 2007035,59069.066.39$227,347
Jul 2007025,55170.906.39$163,218
Jun 2007032,37162.007.55$244,351
May 2007051,75158.747.85$406,053
Apr 2007073,27259.617.81$571,903
Mar 2007067,82356.927.30$495,242

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                  995 Mcf  × $  3.05 =     $3,031

────────────────────────────────────────────────────
Month total                                   $3,031

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/228096 is the state's own key, not one this site invented.