METZGAR

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the NAN-SU-GAIL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233690District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Nov 2007 – May 2026
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
223
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
2002-10-08
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 2016-10-11.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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 Gas112008-04-14181801
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
CondensateDisposition52 bbl$4,401
GasProduction1,549,401 Mcf$8,265,306
Total$8,269,708

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 31.7536, -96.0988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75363, -96.09884 · 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
12,635 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 12,635 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-16133924412,635 ftNov 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 (223)

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

223 months

May 202602,939106.413.05$8,952
Apr 202602,64598.932.87$7,590
Mar 202602,32189.753.15$7,310
Feb 202601,67063.503.75$6,263
Jan 202603,58459.138.00$28,665
Dec 202501,31456.664.41$5,799
Nov 2025067858.593.93$2,662
Oct 202501,79659.383.30$5,935
Sep 202501,47962.743.08$4,551
Aug 202501,43563.933.01$4,326
Jul 202501,86366.743.32$6,176
Jun 202501,69466.483.13$5,300
May 202501,10460.553.23$3,568
Apr 2025081362.363.54$2,881
Mar 202502,30467.704.27$9,834
Feb 2025079970.884.34$3,468
Jan 202501,90674.324.28$8,155
Dec 202402,34968.993.12$7,332
Nov 202401,90969.052.20$4,197
Oct 202403,29671.372.28$7,519
Sep 202403,45969.612.36$8,178
Aug 202403,84775.632.06$7,939
Jul 202403,42379.932.15$7,348
Jun 202403,12278.082.63$8,223
May 20240078.812.20$0
Apr 2024095184.451.66$1,578
Mar 202402,52080.301.55$3,894
Feb 202402,99476.091.78$5,340
Jan 202403,11473.023.30$10,269
Dec 202303,52171.262.61$9,192
Nov 202303,60877.892.81$10,130
Oct 202303,32385.443.09$10,259
Sep 202301,36489.042.74$3,731
Aug 202302,82780.522.67$7,556
Jul 202302,69974.852.64$7,130
Jun 202302,94668.962.26$6,653
May 202302,89270.622.23$6,442
Apr 202302,15678.122.24$4,825
Mar 202302,89772.852.39$6,933
Feb 202302,21675.112.47$5,464
Jan 202301,69676.533.39$5,746
Dec 202202,13876.415.73$12,249
Nov 202202,41885.005.65$13,653
Oct 202202,29887.185.86$13,475
Sep 202202,25584.888.16$18,409
Aug 202202,07194.529.13$18,902
Jul 202202,422101.587.54$18,267
Jun 202202,915115.097.98$23,254
May 202202,601109.378.43$21,934
Apr 202202,909104.226.84$19,891
Mar 202202,381108.885.08$12,087
Feb 202202,92691.054.86$14,217
Jan 202203,24381.844.54$14,716
Dec 202103,40271.323.90$13,265
Nov 202103,12077.435.24$16,339
Oct 202102,38479.795.71$13,622
Sep 202102,92469.865.35$15,646
Aug 202103,28666.024.22$13,869
Jul 202102,87070.783.98$11,429
Jun 202103,14569.493.38$10,632
May 202103,20563.483.02$9,672
Apr 202102,90160.362.76$8,002
Mar 202103,84761.302.72$10,452
Feb 202102,84557.805.55$15,784
Jan 202102,83150.412.81$7,956
Dec 202004,09944.642.68$10,967
Nov 202005,15738.772.71$13,958
Oct 202004,04036.972.48$10,013
Sep 202003,56237.091.99$7,092
Aug 202002,71739.982.39$6,480
Jul 202004,61138.371.83$8,416
Jun 202002,56634.901.69$4,337
May 202002,11316.921.81$3,835
Apr 202001,91814.751.80$3,461
Mar 202002,33230.341.86$4,329
Feb 202002,10449.881.98$4,167
Jan 202002,31957.252.09$4,858
Dec 201901,18759.012.30$2,735
Nov 201912,70655.302.75$7,499
Oct 201902,30153.472.42$5,565
Sep 201902,57655.052.66$6,845
Aug 201902,68453.112.30$6,185
Jul 201901,95656.272.46$4,812
Jun 201902,60252.782.49$6,482
May 201902,52758.482.74$6,925
Apr 201902,41362.632.75$6,637
Mar 201903,35656.803.06$10,276
Feb 201902,68950.852.79$7,508
Jan 201903,66046.033.23$11,815
Dec 201802,48546.594.19$10,401
Nov 201803,33752.934.24$14,140
Oct 201802,97661.443.40$10,113
Sep 201803,34159.543.11$10,384
Aug 201803,75159.403.07$11,503
Jul 201803,93465.142.93$11,534
Jun 201801,71160.183.08$5,265
May 201803,44865.382.90$10,002
Apr 201803,24163.842.90$9,401
Mar 201802,56161.222.79$7,137
Feb 201804,57861.782.77$12,663
Jan 201804,04362.874.01$16,210
Dec 201704,08157.272.92$11,923
Nov 201703,41255.423.12$10,640
Oct 201704,10449.292.98$12,245
Sep 201703,77447.523.09$11,651
Aug 201702,98145.373.00$8,956
Jul 201703,63343.873.09$11,216
Jun 201703,25242.493.09$10,040
May 201703,55245.373.26$11,592
Apr 201704,16447.933.21$13,373
Mar 201703,48746.772.98$10,404
Feb 201703,24650.452.95$9,584
Jan 201704,05949.413.42$13,877
Dec 201604,20348.763.72$15,647
Nov 201604,74642.492.64$12,550
Oct 201603,96546.193.09$12,253
Sep 201604,31641.553.10$13,382
Aug 201614,50841.442.92$13,224
Jul 201604,92141.622.92$14,391
Jun 201604,49645.352.69$12,075
May 201604,77742.521.99$9,511
Apr 201605,41236.561.99$10,776
Mar 201605,42833.011.79$9,738
Feb 201604,95626.472.06$10,227
Jan 201606,01427.352.36$14,219
Dec 201515,64632.362.00$11,332
Nov 201506,44838.792.17$13,975
Oct 201506,82343.552.43$16,557
Sep 201507,28042.992.76$20,081
Aug 201518,77940.162.87$25,258
Jul 201503,71948.152.95$10,953
Jun 201501,58256.152.88$4,561
May 201502,66655.212.96$7,879
Apr 201505,87549.822.71$15,901
Mar 201505,69842.892.93$16,722
Feb 201501,69344.662.98$5,039
Jan 201503,53543.433.10$10,961
Dec 201401,86854.693.59$6,709
Nov 201402,70070.464.25$11,480
Oct 201413,24378.303.90$12,729
Sep 201407,65686.164.05$30,972
Aug 201404,72989.394.04$19,082
Jul 201405,91796.564.18$24,731
Jun 201408,70298.164.74$41,220
May 201404,81194.734.73$22,739
Apr 201405,85395.944.81$28,148
Mar 201419,12195.895.06$46,219
Feb 201402,96097.406.19$18,328
Jan 201403,91690.404.86$19,035
Dec 201302,16291.824.35$9,414
Nov 201306,88488.853.74$25,734
Oct 201319,65297.423.78$36,576
Sep 201303,581104.113.72$13,313
Aug 201305,155104.253.52$18,159
Jul 201303,417102.523.72$12,704
Jun 201303,60594.403.93$14,180
May 201304,23494.834.15$17,567
Apr 201305,51093.964.28$23,597
Mar 201302,36993.623.91$9,270
Feb 201312,64691.233.42$9,140
Jan 201303,22291.603.42$11,019
Dec 201203,47686.773.42$11,888
Nov 201203,88486.953.62$14,079
Oct 201203,85189.383.40$13,092
Sep 201203,29494.672.92$9,613
Aug 201203,38192.662.91$9,832
Jul 201213,82485.133.02$11,637
Jun 201204,16279.822.52$10,484
May 201219,18191.612.49$22,937
Apr 201206,145101.652.00$12,270
Mar 201223,341105.052.22$7,634
Feb 201215,906101.102.57$15,281
Jan 201207,41498.092.73$20,270
Dec 201106,23496.873.24$20,197
Nov 201108,04295.723.31$26,629
Oct 201117,05384.983.65$25,818
Sep 2011010,39483.623.99$41,428
Aug 201116,12983.404.15$25,515
Jul 201104,60794.144.52$20,811
Jun 201118,43892.904.64$39,244
May 201108,49198.134.40$37,401
Apr 201108,923105.964.33$38,666
Mar 201109,15596.364.06$37,145
Feb 201106,64985.644.18$27,793
Jan 201119,39886.504.59$43,212
Dec 2010212,32685.734.35$53,762
Nov 201009,69880.843.80$36,807
Oct 201009,68478.103.51$33,980
Sep 2010111,92072.633.98$47,508
Aug 2010011,17373.684.42$49,378
Jul 2010111,14372.554.74$52,851
Jun 2010115,76270.364.91$77,468
May 2010111,45571.124.24$48,586
Apr 2010012,18381.694.12$50,227
Mar 2010014,52678.394.39$63,750
Feb 2010010,61673.585.44$57,776
Jan 2010014,54974.365.96$86,772
Dec 2009012,38571.445.48$67,916
Nov 2009012,99474.593.75$48,747
Oct 2009214,39972.544.11$59,329
Sep 2009113,74065.543.06$42,175
Aug 2009015,73867.423.22$50,653
Jul 2009117,74861.133.46$61,549
Jun 2009017,66666.163.90$68,809
May 2009017,39154.743.93$68,273
Apr 2009120,28446.773.59$72,816
Mar 2009020,79042.144.06$84,387
Feb 2009019,88632.814.63$92,132
Jan 2009025,64635.865.37$137,745
Dec 2008027,88537.105.98$166,673
Nov 2008020,17355.496.86$138,394
Oct 2008021,88475.246.92$151,481
Sep 2008120,978101.767.88$165,347
Aug 2008027,090114.228.48$229,805
Jul 2008031,417131.0811.39$357,822
Jun 2008031,225131.3313.03$406,944
May 2008235,894123.1711.57$415,694
Apr 2008130,507110.3110.45$319,057
Mar 2008027,515101.909.66$265,907
Feb 2008136,58692.538.77$320,973
Jan 2008750,61890.388.21$415,990
Dec 2007894,51588.337.30$690,852
Nov 2007444,48591.677.29$324,738

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                2,939 Mcf  × $  3.05 =     $8,952

────────────────────────────────────────────────────
Month total                                   $8,952

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/233690 is the state's own key, not one this site invented.