GRIZZLY

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 232110District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
May 2007 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
229
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 Gas112008-02-11180152
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
CondensateDisposition790 bbl$65,375
GasProduction2,876,897 Mcf$16,174,621
Total$16,239,996

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 31.3811, -96.2818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38108, -96.28176 · 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
14,651 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 14,651 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-28931613414,651 ftJun 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 (229)

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

229 months

May 20260867106.413.05$2,641
Apr 2026074198.932.87$2,126
Mar 2026066089.753.15$2,079
Feb 2026023263.503.75$870
Jan 2026039059.138.00$3,119
Dec 2025047256.664.41$2,083
Nov 2025045658.593.93$1,790
Oct 2025056559.383.30$1,867
Sep 2025054862.743.08$1,686
Aug 2025041963.933.01$1,263
Jul 2025019966.743.32$660
Jun 2025035066.483.13$1,095
May 2025046360.553.23$1,497
Apr 2025043862.363.54$1,552
Mar 2025025267.704.27$1,076
Feb 2025021770.884.34$942
Jan 2025017774.324.28$757
Dec 2024042068.993.12$1,311
Nov 2024035869.052.20$787
Oct 2024040371.372.28$919
Sep 2024020769.612.36$489
Aug 2024036475.632.06$751
Jul 2024027879.932.15$597
Jun 2024038778.082.63$1,019
May 20240078.812.20$0
Apr 2024110084.451.66$9,290
Mar 202401,31180.301.55$2,026
Feb 202403,07876.091.78$5,490
Jan 202403,28873.023.30$10,843
Dec 202305,66171.262.61$14,779
Nov 202302,86677.892.81$8,046
Oct 2023087485.443.09$2,698
Sep 2023092089.042.74$2,516
Aug 2023091780.522.67$2,451
Jul 2023086874.852.64$2,293
Jun 2023075468.962.26$1,703
May 2023074270.622.23$1,653
Apr 2023062778.122.24$1,403
Mar 2023057672.852.39$1,378
Feb 2023062475.112.47$1,539
Jan 2023051376.533.39$1,738
Dec 2022055276.415.73$3,162
Nov 2022012085.005.65$678
Oct 2022049287.185.86$2,885
Sep 202203,58484.888.16$29,259
Aug 202203,59994.529.13$32,849
Jul 202204,365101.587.54$32,921
Jun 202204,543115.097.98$36,240
May 202201,404109.378.43$11,840
Apr 20220653104.226.84$4,465
Mar 202201,710108.885.08$8,681
Feb 2022024891.054.86$1,205
Jan 2022059281.844.54$2,686
Dec 2021050171.323.90$1,953
Nov 202101,18177.435.24$6,185
Oct 202103,97979.795.71$22,735
Sep 202103,64969.865.35$19,526
Aug 202103,66666.024.22$15,473
Jul 2021089670.783.98$3,568
Jun 2021079969.493.38$2,701
May 202101,20663.483.02$3,639
Apr 202102,70660.362.76$7,464
Mar 202101,60661.302.72$4,363
Feb 202101,63457.805.55$9,065
Jan 2021069750.412.81$1,959
Dec 202001,81044.642.68$4,843
Nov 2020031238.772.71$844
Oct 202001,16036.972.48$2,875
Sep 202001,33537.091.99$2,658
Aug 202001,21139.982.39$2,888
Jul 2020091838.371.83$1,675
Jun 202001,61134.901.69$2,723
May 202004,43216.921.81$8,043
Apr 202005,52414.751.80$9,967
Mar 202005,34030.341.86$9,912
Feb 202004,87549.881.98$9,656
Jan 202002,63657.252.09$5,522
Dec 201901,94859.012.30$4,489
Nov 2019076155.302.75$2,093
Oct 2019032453.472.42$784
Sep 201902,32955.052.66$6,189
Aug 201903,66553.112.30$8,445
Jul 201901,94656.272.46$4,787
Jun 201901,60352.782.49$3,993
May 201901,39658.482.74$3,825
Apr 201901,65662.632.75$4,555
Mar 201901,99056.803.06$6,094
Feb 2019081350.852.79$2,270
Jan 201901,87646.033.23$6,056
Dec 2018070346.594.19$2,942
Nov 2018057852.934.24$2,449
Oct 201804,32161.443.40$14,683
Sep 201805,31659.543.11$16,522
Aug 201805,89359.403.07$18,071
Jul 201805,05165.142.93$14,809
Jun 201805,86860.183.08$18,055
May 201805,63465.382.90$16,343
Apr 201802,48363.842.90$7,203
Mar 2018041361.222.79$1,151
Feb 20180061.782.77$0
Jan 2018078162.874.01$3,131
Dec 201702,85257.272.92$8,332
Nov 201702,48355.423.12$7,743
Oct 201702,69249.292.98$8,032
Sep 201704,00647.523.09$12,368
Aug 201706,25045.373.00$18,778
Jul 201706,69843.873.09$20,679
Jun 201707,70042.493.09$23,772
May 201707,35245.373.26$23,993
Apr 201706,16747.933.21$19,806
Mar 201704,37946.772.98$13,066
Feb 201704,51350.452.95$13,325
Jan 201704,94749.413.42$16,913
Dec 20161514,75948.763.72$25,080
Nov 201605,48942.492.64$14,515
Oct 201605,76846.193.09$17,825
Sep 201605,54641.553.10$17,196
Aug 201605,05341.442.92$14,777
Jul 201604,67241.622.92$13,663
Jun 201605,19345.352.69$13,948
May 201605,35242.521.99$10,656
Apr 201605,64436.561.99$11,237
Mar 201606,18733.011.79$11,100
Feb 201606,25426.472.06$12,906
Jan 201605,02527.352.36$11,881
Dec 201515,37732.362.00$10,794
Nov 201504,31238.792.17$9,346
Oct 201514,52443.552.43$11,021
Sep 201518,26942.992.76$22,852
Aug 201508,90040.162.87$25,565
Jul 201508,78948.152.95$25,884
Jun 2015010,21356.152.88$29,443
May 201507,84855.212.96$23,194
Apr 201506,94649.822.71$18,800
Mar 201505,75842.892.93$16,898
Feb 201504,44044.662.98$13,214
Jan 201507,73443.433.10$23,980
Dec 201407,61554.693.59$27,348
Nov 201406,53870.464.25$27,799
Oct 201406,45378.303.90$25,173
Sep 201446,70586.164.05$27,469
Aug 201409,55089.394.04$38,535
Jul 201409,77296.564.18$40,843
Jun 201418,36798.164.74$39,732
May 20141412,74694.734.73$61,571
Apr 2014210,03495.944.81$48,447
Mar 20148610,57895.895.06$61,737
Feb 201409,67397.406.19$59,895
Jan 201408,00790.404.86$38,920
Dec 201305,70491.824.35$24,838
Nov 201305,99488.853.74$22,407
Oct 201305,46297.423.78$20,643
Sep 201306,536104.113.72$24,299
Aug 201303,369104.253.52$11,868
Jul 2013011,415102.523.72$42,438
Jun 2013012,70694.403.93$49,978
May 2013013,62294.834.15$56,519
Apr 2013014,05493.964.28$60,188
Mar 2013012,55593.623.91$49,126
Feb 2013014,21891.233.42$48,624
Jan 2013013,92491.603.42$47,619
Dec 2012014,48286.773.42$49,531
Nov 2012115,20586.953.62$55,204
Oct 20128014,80489.383.40$57,479
Sep 2012014,57594.672.92$42,536
Aug 2012014,94392.662.91$43,457
Jul 2012015,87785.133.02$47,961
Jun 2012015,75379.822.52$39,682
May 2012016,39991.612.49$40,806
Apr 2012014,164101.652.00$28,283
Mar 20126816,044105.052.22$42,794
Feb 2012016,520101.102.57$42,460
Jan 2012013,51298.092.73$36,943
Dec 2011015,62496.873.24$50,618
Nov 2011011,96695.723.31$39,623
Oct 2011018,24084.983.65$66,549
Sep 2011016,38783.623.99$65,315
Aug 2011017,40183.404.15$72,202
Jul 2011218,48594.144.52$83,689
Jun 2011020,63392.904.64$95,735
May 2011019,70398.134.40$86,788
Apr 2011011,325105.964.33$49,074
Mar 2011021,84096.364.06$88,612
Feb 201108,57985.644.18$35,860
Jan 2011018,60486.504.59$85,370
Dec 2010016,71885.734.35$72,686
Nov 2010020,03780.843.80$76,047
Oct 20107325,84278.103.51$96,378
Sep 2010025,90972.633.98$103,104
Aug 2010024,54573.684.42$108,473
Jul 20105625,25272.554.74$123,669
Jun 2010027,54970.364.91$135,277
May 2010030,29371.124.24$128,298
Apr 2010029,27181.694.12$120,675
Mar 2010026,00778.394.39$114,136
Feb 2010127,45073.585.44$149,466
Jan 2010025,24474.365.96$150,557
Dec 200902,00671.445.48$11,000
Nov 2009014,64574.593.75$54,941
Oct 2009427,64372.544.11$113,910
Sep 2009322,62065.543.06$69,521
Aug 2009327,49867.423.22$88,705
Jul 2009027,22761.133.46$94,328
Jun 2009129,70166.163.90$115,752
May 2009030,84454.743.93$121,086
Apr 2009132,38446.773.59$116,224
Mar 2009059,42042.144.06$241,186
Feb 2009039,30732.814.63$182,109
Jan 2009046,84435.865.37$251,599
Dec 2008052,83937.105.98$315,826
Nov 2008154,22355.496.86$372,045
Oct 2008056,24275.246.92$389,306
Sep 2008019,348101.767.88$152,406
Aug 20086649,076114.228.48$423,851
Jul 2008148,048131.0811.39$547,370
Jun 2008049,272131.3313.03$642,144
May 2008058,002123.1711.57$671,332
Apr 2008655,285110.3110.45$578,659
Mar 20081060,915101.909.66$589,706
Feb 20081059,08092.538.77$519,091
Jan 20081367,51690.388.21$555,193
Dec 20071887,00588.337.30$636,898
Nov 2007155,72391.677.29$406,407
Oct 2007049,57682.856.92$343,164
Sep 2007066,53775.846.24$415,468
Aug 2007097,10469.066.39$620,295
Jul 20070128,32770.906.39$819,745
Jun 2007044,26762.007.55$334,147
May 2007073,12758.747.85$573,775

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                  867 Mcf  × $  3.05 =     $2,641

────────────────────────────────────────────────────
Month total                                   $2,641

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/232110 is the state's own key, not one this site invented.