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 233262District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Aug 2007 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
226
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 Gas112008-04-08181330
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
CondensateDisposition895 bbl$67,755
GasProduction725,609 Mcf$3,667,178
Total$3,734,933

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 31.4202, -96.2413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42022, -96.24129 · 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
14,090 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 14,090 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-161338691914,090 ftAug 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 (226)

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

226 months

May 20260495106.413.05$1,508
Apr 2026052398.932.87$1,501
Mar 2026045589.753.15$1,433
Feb 2026067463.503.75$2,528
Jan 2026037659.138.00$3,007
Dec 2025046656.664.41$2,057
Nov 2025045858.593.93$1,798
Oct 2025070559.383.30$2,330
Sep 2025051162.743.08$1,572
Aug 2025072763.933.01$2,192
Jul 2025041166.743.32$1,363
Jun 2025026566.483.13$829
May 2025042360.553.23$1,367
Apr 2025034762.363.54$1,229
Mar 2025040367.704.27$1,720
Feb 2025035770.884.34$1,550
Jan 2025093574.324.28$4,001
Dec 2024083968.993.12$2,619
Nov 2024062869.052.20$1,381
Oct 202401,29971.372.28$2,964
Sep 202401,03269.612.36$2,440
Aug 2024087075.632.06$1,795
Jul 20249024179.932.15$7,711
Jun 202401,06678.082.63$2,808
May 202406978.812.20$152
Apr 20240584.451.66$8
Mar 202401,32680.301.55$2,049
Feb 202401,93676.091.78$3,453
Jan 202401,87473.023.30$6,180
Dec 202301,94571.262.61$5,078
Nov 202301,56177.892.81$4,383
Oct 202301,78085.443.09$5,495
Sep 202301,29889.042.74$3,550
Aug 2023074580.522.67$1,991
Jul 202301,20974.852.64$3,194
Jun 2023064768.962.26$1,461
May 2023078470.622.23$1,746
Apr 202301,88378.122.24$4,214
Mar 202303,73572.852.39$8,938
Feb 202302,75475.112.47$6,790
Jan 202301,67776.533.39$5,681
Dec 202203,34276.415.73$19,147
Nov 202203,64885.005.65$20,597
Oct 202203,11487.185.86$18,260
Sep 202202,53084.888.16$20,654
Aug 202202,45594.529.13$22,407
Jul 202202,384101.587.54$17,980
Jun 202201,345115.097.98$10,729
May 202201,806109.378.43$15,230
Apr 202201,152104.226.84$7,877
Mar 20220814108.885.08$4,132
Feb 202201,24591.054.86$6,049
Jan 202201,59881.844.54$7,251
Dec 202101,96371.323.90$7,654
Nov 202101,91877.435.24$10,044
Oct 202102,82679.795.71$16,147
Sep 202103,11669.865.35$16,673
Aug 202102,59666.024.22$10,957
Jul 2021802,23670.783.98$14,566
Jun 202102,44169.493.38$8,252
May 202101,75363.483.02$5,290
Apr 202101,13660.362.76$3,134
Mar 202101,29061.302.72$3,505
Feb 202101,12557.805.55$6,241
Jan 202102,37550.412.81$6,674
Dec 202001,80844.642.68$4,837
Nov 202001,23538.772.71$3,343
Oct 202001,27436.972.48$3,158
Sep 202001,46337.091.99$2,913
Aug 202001,00539.982.39$2,397
Jul 202002,24538.371.83$4,097
Jun 2020072334.901.69$1,222
May 202001,77416.921.81$3,219
Apr 202002,43414.751.80$4,392
Mar 2020084330.341.86$1,565
Feb 202001,99349.881.98$3,947
Jan 202003,84557.252.09$8,054
Dec 201904,15159.012.30$9,565
Nov 201961,64955.302.75$4,868
Oct 201902,31253.472.42$5,592
Sep 201901,82955.052.66$4,860
Aug 2019086953.112.30$2,002
Jul 201901,30656.272.46$3,213
Jun 201901,07152.782.49$2,668
May 201901,35558.482.74$3,713
Apr 2019095662.632.75$2,630
Mar 2019088156.803.06$2,698
Feb 2019086750.852.79$2,421
Jan 2019051046.033.23$1,646
Dec 2018045946.594.19$1,921
Nov 201801,07752.934.24$4,564
Oct 2018089861.443.40$3,051
Sep 2018070759.543.11$2,197
Aug 2018096559.403.07$2,959
Jul 2018060865.142.93$1,783
Jun 201801,09560.183.08$3,369
May 201801,52665.382.90$4,427
Apr 201801,88963.842.90$5,480
Mar 201802,33661.222.79$6,510
Feb 20181281,89261.782.77$13,141
Jan 201801,70662.874.01$6,840
Dec 201701,76257.272.92$5,148
Nov 201701,16955.423.12$3,645
Oct 201701,63449.292.98$4,875
Sep 201701,47547.523.09$4,554
Aug 201701,36845.373.00$4,110
Jul 201701,26043.873.09$3,890
Jun 201701,34942.493.09$4,165
May 201701,43245.373.26$4,673
Apr 201701,24347.933.21$3,992
Mar 201701,16146.772.98$3,464
Feb 201701,14250.452.95$3,372
Jan 201701,44049.413.42$4,923
Dec 201631,37948.763.72$5,280
Nov 201601,04042.492.64$2,750
Oct 2016451,52746.193.09$6,797
Sep 201621,26641.553.10$4,009
Aug 201601,03041.442.92$3,012
Jul 201601,31741.622.92$3,851
Jun 201601,47345.352.69$3,956
May 2016096542.521.99$1,921
Apr 201601,41036.561.99$2,807
Mar 201601,92833.011.79$3,459
Feb 2016431,97326.472.06$5,210
Jan 201601,42527.352.36$3,369
Dec 201581,66532.362.00$3,591
Nov 201501,24638.792.17$2,700
Oct 201521,27743.552.43$3,186
Sep 201511,31842.992.76$3,679
Aug 2015293140.162.87$2,755
Jul 201531,61548.152.95$4,901
Jun 201551,17356.152.88$3,662
May 2015393955.212.96$2,941
Apr 2015086449.822.71$2,338
Mar 2015196842.892.93$2,884
Feb 2015181644.662.98$2,473
Jan 201511,20143.433.10$3,767
Dec 201401,03354.693.59$3,710
Nov 201401,40870.464.25$5,987
Oct 201401,21178.303.90$4,724
Sep 201401,35386.164.05$5,473
Aug 201402,42089.394.04$9,765
Jul 2014332,27996.564.18$12,712
Jun 201401,84998.164.74$8,758
May 201402,06494.734.73$9,756
Apr 201402,37595.944.81$11,422
Mar 201402,30595.895.06$11,656
Feb 201402,33497.406.19$14,452
Jan 201402,72790.404.86$13,255
Dec 201302,43191.824.35$10,586
Nov 201302,72388.853.74$10,179
Oct 201302,16897.423.78$8,194
Sep 201302,085104.113.72$7,751
Aug 201311,285104.253.52$4,631
Jul 201301,638102.523.72$6,090
Jun 201321,71094.403.93$6,915
May 201302,46094.834.15$10,207
Apr 201332,75693.964.28$12,085
Mar 201313,24993.623.91$12,807
Feb 201322,37991.233.42$8,318
Jan 201311,79291.603.42$6,220
Dec 201223,04186.773.42$10,574
Nov 201211,87786.953.62$6,891
Oct 201212,09389.383.40$7,205
Sep 201252,51994.672.92$7,825
Aug 201283,29592.662.91$10,324
Jul 201263,68785.133.02$11,648
Jun 201223,36479.822.52$8,634
May 201223,27591.612.49$8,332
Apr 2012773,415101.652.00$14,646
Mar 201254,456105.052.22$10,427
Feb 201224,724101.102.57$12,344
Jan 201214,76098.092.73$13,112
Dec 201134,57596.873.24$15,112
Nov 201124,47495.723.31$15,006
Oct 201124,18084.983.65$15,421
Sep 201134,30583.623.99$17,410
Aug 201183,83083.404.15$16,559
Jul 201163,96394.144.52$18,467
Jun 201173,72092.904.64$17,911
May 201175,13098.134.40$23,284
Apr 2011694,709105.964.33$27,717
Mar 201143,18496.364.06$13,304
Feb 201132,53285.644.18$10,841
Jan 201143,66286.504.59$17,150
Dec 201034,00685.734.35$17,674
Nov 201024,47480.843.80$17,142
Oct 201044,25178.103.51$15,229
Sep 201034,15172.633.98$16,737
Aug 2010845,19273.684.42$29,134
Jul 201066,62372.554.74$31,805
Jun 201057,14470.364.91$35,432
May 2010548,58471.124.24$40,196
Apr 201007,22181.694.12$29,770
Mar 201007,01478.394.39$30,782
Feb 201005,58273.585.44$30,379
Jan 201008,61774.365.96$51,393
Dec 200909,62371.445.48$52,770
Nov 200909,40674.593.75$35,287
Oct 200939,10272.544.11$37,629
Sep 200949,28565.543.06$28,718
Aug 200938,01667.423.22$26,002
Jul 200928,15861.133.46$28,386
Jun 200909,47466.163.90$36,901
May 2009011,45454.743.93$44,966
Apr 200908,35146.773.59$29,959
Mar 200906,46842.144.06$26,254
Feb 200906,73832.814.63$31,217
Jan 200907,02835.865.37$37,747
Dec 2008011,98337.105.98$71,624
Nov 200809,69455.496.86$66,504
Oct 200805,70175.246.92$39,462
Sep 200827,882101.767.88$62,291
Aug 200826,271114.228.48$53,425
Jul 200817,816131.0811.39$89,151
Jun 200817,310131.3313.03$95,400
May 200819,947123.1711.57$115,253
Apr 2008211,485110.3110.45$120,295
Mar 2008011,798101.909.66$114,017
Feb 2008110,16492.538.77$89,237
Jan 20081212,94290.388.21$107,283
Dec 2007313,62288.337.30$99,732
Nov 2007023,51891.677.29$171,486
Oct 2007023,46282.856.92$162,403
Sep 2007043,85175.846.24$273,813
Aug 200702,71869.066.39$17,362

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                  495 Mcf  × $  3.05 =     $1,508

────────────────────────────────────────────────────
Month total                                   $1,508

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/233262 is the state's own key, not one this site invented.