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 233719District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Aug 2007 – May 2026
Value, last 12 filed months
$24 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 Gas112008-04-14181800
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
CondensateDisposition193 bbl$14,620
GasProduction1,852,250 Mcf$10,833,935
Total$10,848,554

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 31.4276, -96.2397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42760, -96.23972 · 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
15,131 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 15,131 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-161339022615,131 ftOct 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 20260404106.413.05$1,231
Apr 2026054798.932.87$1,570
Mar 2026041489.753.15$1,304
Feb 2026082863.503.75$3,105
Jan 2026064059.138.00$5,119
Dec 2025039356.664.41$1,734
Nov 2025041858.593.93$1,641
Oct 2025022259.383.30$734
Sep 2025080262.743.08$2,468
Aug 2025067763.933.01$2,041
Jul 2025033966.743.32$1,124
Jun 2025059866.483.13$1,871
May 2025074360.553.23$2,402
Apr 2025060662.363.54$2,147
Mar 2025074867.704.27$3,193
Feb 2025038670.884.34$1,676
Jan 2025064474.324.28$2,755
Dec 2024088368.993.12$2,756
Nov 2024030269.052.20$664
Oct 2024066371.372.28$1,513
Sep 2024069569.612.36$1,643
Aug 2024642275.632.06$1,325
Jul 2024042879.932.15$919
Jun 2024064578.082.63$1,699
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024041080.301.55$634
Feb 2024050476.091.78$899
Jan 2024051473.023.30$1,695
Dec 2023078471.262.61$2,047
Nov 202301,04677.892.81$2,937
Oct 202301,78385.443.09$5,505
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023063275.112.47$1,558
Jan 2023041476.533.39$1,403
Dec 2022066476.415.73$3,804
Nov 2022088885.005.65$5,014
Oct 2022077787.185.86$4,556
Sep 2022037684.888.16$3,070
Aug 2022051994.529.13$4,737
Jul 20220490101.587.54$3,696
Jun 20220502115.097.98$4,005
May 20220844109.378.43$7,117
Apr 20220845104.226.84$5,778
Mar 20220773108.885.08$3,924
Feb 2022054191.054.86$2,629
Jan 2022052081.844.54$2,360
Dec 2021064071.323.90$2,495
Nov 2021065177.435.24$3,409
Oct 202101,09279.795.71$6,240
Sep 2021085469.865.35$4,570
Aug 2021094266.024.22$3,976
Jul 2021066070.783.98$2,628
Jun 2021049869.493.38$1,684
May 2021141,01563.483.02$3,952
Apr 20210060.362.76$0
Mar 202101,41061.302.72$3,831
Feb 2021032557.805.55$1,803
Jan 202101,25050.412.81$3,513
Dec 2020052544.642.68$1,405
Nov 2020039338.772.71$1,064
Oct 202005536.972.48$136
Sep 2020016437.091.99$327
Aug 2020092739.982.39$2,211
Jul 20202192238.371.83$2,489
Jun 2020067134.901.69$1,134
May 2020085416.921.81$1,550
Apr 2020023914.751.80$431
Mar 202002,21930.341.86$4,119
Feb 202001,24649.881.98$2,468
Jan 2020047057.252.09$985
Dec 2019034159.012.30$786
Nov 201901,68955.302.75$4,646
Oct 2019052553.472.42$1,270
Sep 201901,61855.052.66$4,299
Aug 2019093953.112.30$2,164
Jul 2019060956.272.46$1,498
Jun 201901,97552.782.49$4,920
May 201901,59258.482.74$4,363
Apr 2019491,55162.632.75$7,335
Mar 201902,50456.803.06$7,668
Feb 201901,13250.852.79$3,161
Jan 201901,42746.033.23$4,607
Dec 2018053346.594.19$2,231
Nov 201801,71252.934.24$7,254
Oct 201803,02261.443.40$10,269
Sep 201802,14559.543.11$6,667
Aug 201802,11859.403.07$6,495
Jul 201884,20665.142.93$12,853
Jun 201803,05660.183.08$9,403
May 201802,64865.382.90$7,681
Apr 201802,41763.842.90$7,011
Mar 201801,77361.222.79$4,941
Feb 201801,62261.782.77$4,487
Jan 201801,14962.874.01$4,607
Dec 201701,36557.272.92$3,988
Nov 2017075855.423.12$2,364
Oct 201703,34849.292.98$9,989
Sep 201703,04247.523.09$9,392
Aug 201703,09345.373.00$9,293
Jul 201704,15643.873.09$12,831
Jun 201763,98142.493.09$12,545
May 201704,45845.373.26$14,548
Apr 201703,92847.933.21$12,615
Mar 201704,04446.772.98$12,066
Feb 201703,47650.452.95$10,263
Jan 201704,07049.413.42$13,915
Dec 201604,22248.763.72$15,718
Nov 201604,29142.492.64$11,347
Oct 2016011,62446.193.09$35,921
Sep 2016012,82141.553.10$39,753
Aug 201603,39941.442.92$9,940
Jul 201604,66941.622.92$13,654
Jun 201604,05445.352.69$10,888
May 201604,57142.521.99$9,101
Apr 201604,92936.561.99$9,814
Mar 201602,42633.011.79$4,352
Feb 201602,48626.472.06$5,130
Jan 201603,06927.352.36$7,256
Dec 201502,99732.362.00$5,998
Nov 201503,57338.792.17$7,744
Oct 201503,42943.552.43$8,321
Sep 201503,66142.992.76$10,099
Aug 201503,75240.162.87$10,778
Jul 201503,71848.152.95$10,950
Jun 201504,68156.152.88$13,495
May 201503,74155.212.96$11,056
Apr 201502,96249.822.71$8,017
Mar 201503,29642.892.93$9,673
Feb 201503,62144.662.98$10,777
Jan 201502,91743.433.10$9,045
Dec 201402,92754.693.59$10,512
Nov 201404,73370.464.25$20,124
Oct 201404,98878.303.90$19,458
Sep 201404,36986.164.05$17,675
Aug 201404,18189.394.04$16,871
Jul 201405,69596.564.18$23,803
Jun 201405,33398.164.74$25,262
May 201407,20594.734.73$34,055
Apr 201407,34895.944.81$35,337
Mar 201407,05895.895.06$35,691
Feb 201405,13897.406.19$31,815
Jan 201405,94390.404.86$28,887
Dec 201307,54391.824.35$32,846
Nov 2013016,43788.853.74$61,446
Oct 2013017,81297.423.78$67,318
Sep 201305,279104.113.72$19,626
Aug 201304,393104.253.52$15,475
Jul 201304,014102.523.72$14,923
Jun 201303,54494.403.93$13,940
May 201303,26794.834.15$13,555
Apr 201303,85093.964.28$16,488
Mar 201303,87993.623.91$15,178
Feb 201303,66091.233.42$12,517
Jan 201303,51091.603.42$12,004
Dec 201204,38286.773.42$14,987
Nov 201204,12486.953.62$14,949
Oct 201204,37489.383.40$14,870
Sep 201204,38594.672.92$12,797
Aug 201205,42692.662.91$15,780
Jul 201206,30685.133.02$19,049
Jun 201205,84679.822.52$14,726
May 201207,17091.612.49$17,841
Apr 201206,261101.652.00$12,502
Mar 201207,931105.052.22$17,623
Feb 2012012,819101.102.57$32,948
Jan 2012018,20898.092.73$49,782
Dec 2011010,89596.873.24$35,297
Nov 201108,47595.723.31$28,063
Oct 201109,38484.983.65$34,238
Sep 201108,00983.623.99$31,922
Aug 201108,39183.404.15$34,817
Jul 2011014,23894.144.52$64,316
Jun 2011015,27592.904.64$70,874
May 2011017,66998.134.40$77,829
Apr 2011014,062105.964.33$60,935
Mar 2011016,42896.364.06$66,654
Feb 2011017,60885.644.18$73,601
Jan 2011019,19286.504.59$88,068
Dec 2010017,87385.734.35$77,707
Nov 2010018,59280.843.80$70,563
Oct 2010019,44878.103.51$68,241
Sep 2010018,80372.633.98$74,826
Aug 2010019,97473.684.42$88,272
Jul 2010018,81372.554.74$89,108
Jun 2010018,31870.364.91$89,949
May 2010020,81371.124.24$88,148
Apr 2010020,83381.694.12$85,888
Mar 2010023,14178.394.39$101,558
Feb 2010022,68773.585.44$123,471
Jan 2010025,19574.365.96$150,265
Dec 2009024,77471.445.48$135,854
Nov 2009024,10274.593.75$90,419
Oct 2009018,42872.544.11$75,744
Sep 2009011,70865.543.06$35,882
Aug 2009014,77367.423.22$47,547
Jul 2009014,35761.133.46$49,740
Jun 2009016,45466.163.90$64,088
May 2009014,53354.743.93$57,053
Apr 200909,66646.773.59$34,677
Mar 2009313,50942.144.06$54,959
Feb 2009017,99332.814.63$83,362
Jan 2009019,70435.865.37$105,830
Dec 2008025,42337.105.98$151,957
Nov 2008031,06655.496.86$213,124
Oct 2008048,78375.246.92$337,675
Sep 20081147,941101.767.88$378,755
Aug 200826,397114.228.48$54,494
Jul 2008431,226131.0811.39$356,171
Jun 2008240,839131.3313.03$532,502
May 2008556,851123.1711.57$658,626
Apr 2008857,432110.3110.45$601,326
Mar 2008058,560101.909.66$565,928
Feb 2008758,31392.538.77$512,087
Jan 20083336,28590.388.21$300,727
Dec 20071460,22588.337.30$440,998
Nov 2007080,55191.677.29$587,354
Oct 20070119,64782.856.92$828,194
Sep 2007079575.846.24$4,964
Aug 2007026,23569.066.39$167,588

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                  404 Mcf  × $  3.05 =     $1,231

────────────────────────────────────────────────────
Month total                                   $1,231

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/233719 is the state's own key, not one this site invented.