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 233806District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Sep 2007 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
225
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 Gas112008-04-14181854
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
CondensateDisposition23 bbl$2,051
GasProduction955,744 Mcf$4,553,130
Total$4,555,181

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 31.7450, -96.0943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74500, -96.09428 · 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
12,745 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 12,745 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-16133888512,745 ftSep 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 (225)

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

225 months

May 202602,745106.413.05$8,361
Apr 202601,63998.932.87$4,703
Mar 202602,96989.753.15$9,351
Feb 202602,19763.503.75$8,239
Jan 202604,14659.138.00$33,159
Dec 20250056.664.41$0
Nov 202505658.593.93$220
Oct 2025028259.383.30$932
Sep 2025076462.743.08$2,351
Aug 202501,97163.933.01$5,942
Jul 2025096266.743.32$3,189
Jun 202501,10666.483.13$3,460
May 202501,49060.553.23$4,816
Apr 202501,53662.363.54$5,442
Mar 202502,00067.704.27$8,537
Feb 202502,08670.884.34$9,055
Jan 202502,25074.324.28$9,627
Dec 202402,21268.993.12$6,904
Nov 202402,64969.052.20$5,824
Oct 202402,21071.372.28$5,042
Sep 202402,09069.612.36$4,942
Aug 202402,47875.632.06$5,114
Jul 202404,16279.932.15$8,934
Jun 202404,29678.082.63$11,316
May 20240078.812.20$0
Apr 2024077584.451.66$1,286
Mar 2024042780.301.55$660
Feb 202401,61476.091.78$2,879
Jan 202402,38673.023.30$7,868
Dec 202301,69871.262.61$4,433
Nov 202302,46777.892.81$6,926
Oct 202303,17985.443.09$9,814
Sep 2023067289.042.74$1,838
Aug 2023098380.522.67$2,627
Jul 202301,73674.852.64$4,586
Jun 202302,13368.962.26$4,817
May 202302,19570.622.23$4,889
Apr 202302,47078.122.24$5,527
Mar 202302,09672.852.39$5,016
Feb 202302,50775.112.47$6,181
Jan 202302,05476.533.39$6,958
Dec 202202,05876.415.73$11,790
Nov 202202,34485.005.65$13,235
Oct 202201,40687.185.86$8,244
Sep 202201,58484.888.16$12,931
Aug 202201,42094.529.13$12,961
Jul 202201,391101.587.54$10,491
Jun 202201,601115.097.98$12,772
May 202201,682109.378.43$14,184
Apr 202201,572104.226.84$10,749
Mar 202201,463108.885.08$7,427
Feb 202202,21191.054.86$10,743
Jan 202202,09681.844.54$9,511
Dec 202102,14071.323.90$8,344
Nov 202102,99877.435.24$15,700
Oct 202102,02779.795.71$11,582
Sep 202102,63869.865.35$14,116
Aug 202102,35766.024.22$9,948
Jul 202102,16370.783.98$8,613
Jun 202103,03669.493.38$10,264
May 202102,34063.483.02$7,061
Apr 202101,96160.362.76$5,409
Mar 202102,48561.302.72$6,752
Feb 202101,84857.805.55$10,253
Jan 202102,75050.412.81$7,728
Dec 202002,86844.642.68$7,673
Nov 202003,99138.772.71$10,802
Oct 202002,74036.972.48$6,791
Sep 202002,51437.091.99$5,005
Aug 202002,04239.982.39$4,870
Jul 202002,35038.371.83$4,289
Jun 202002,66234.901.69$4,500
May 202002,55416.921.81$4,635
Apr 202002,42414.751.80$4,374
Mar 202002,07030.341.86$3,842
Feb 202002,70249.881.98$5,352
Jan 202003,36957.252.09$7,057
Dec 201903,24959.012.30$7,487
Nov 201901,97555.302.75$5,433
Oct 201904,05253.472.42$9,800
Sep 201905,47355.052.66$14,543
Aug 201902,37253.112.30$5,466
Jul 201902,44256.272.46$6,007
Jun 201902,25952.782.49$5,628
May 201902,27558.482.74$6,234
Apr 201902,57662.632.75$7,086
Mar 201902,11356.803.06$6,470
Feb 201902,75950.852.79$7,704
Jan 201903,06746.033.23$9,901
Dec 201802,51846.594.19$10,539
Nov 201802,62852.934.24$11,135
Oct 201802,83961.443.40$9,647
Sep 201801,04759.543.11$3,254
Aug 201801,93559.403.07$5,934
Jul 201802,27865.142.93$6,679
Jun 201802,06860.183.08$6,363
May 201803,00165.382.90$8,705
Apr 201802,23963.842.90$6,495
Mar 201802,71561.222.79$7,566
Feb 201802,69061.782.77$7,441
Jan 201802,77362.874.01$11,118
Dec 201703,18657.272.92$9,308
Nov 201704,11455.423.12$12,829
Oct 201703,61549.292.98$10,786
Sep 201703,76447.523.09$11,621
Aug 201705,21245.373.00$15,659
Jul 201703,31843.873.09$10,244
Jun 201703,71242.493.09$11,460
May 201701,17745.373.26$3,841
Apr 201701,55947.933.21$5,007
Mar 201703,58046.772.98$10,682
Feb 201702,17450.452.95$6,419
Jan 201711,88749.413.42$6,501
Dec 201601,25848.763.72$4,683
Nov 201601,27542.492.64$3,372
Oct 201602,21546.193.09$6,845
Sep 201602,06741.553.10$6,409
Aug 201602,66941.442.92$7,805
Jul 201603,02941.622.92$8,858
Jun 201603,56645.352.69$9,578
May 201604,12442.521.99$8,211
Apr 201603,97336.561.99$7,910
Mar 201603,94633.011.79$7,079
Feb 201603,80726.472.06$7,856
Jan 201602,90327.352.36$6,864
Dec 201513,77632.362.00$7,590
Nov 201503,46238.792.17$7,503
Oct 201505,04843.552.43$12,249
Sep 201504,44342.992.76$12,256
Aug 201505,50640.162.87$15,816
Jul 201506,25248.152.95$18,413
Jun 201504,08756.152.88$11,782
May 201505,91155.212.96$17,470
Apr 201501,87249.822.71$5,067
Mar 201502,91842.892.93$8,563
Feb 201502,61944.662.98$7,795
Jan 201502,04143.433.10$6,328
Dec 201402,17054.693.59$7,793
Nov 201402,18670.464.25$9,295
Oct 201402,17578.303.90$8,485
Sep 201401,69386.164.05$6,849
Aug 201402,18689.394.04$8,821
Jul 201402,91496.564.18$12,179
Jun 201403,03298.164.74$14,362
May 201404,27094.734.73$20,182
Apr 201403,98695.944.81$19,169
Mar 201415,46495.895.06$27,726
Feb 201401,88697.406.19$11,678
Jan 201405,12490.404.86$24,906
Dec 201306,34391.824.35$27,620
Nov 201308,77988.853.74$32,818
Oct 201307,69197.423.78$29,067
Sep 201301,751104.113.72$6,510
Aug 201302,382104.253.52$8,391
Jul 201302,469102.523.72$9,179
Jun 201302,20494.403.93$8,669
May 201302,65694.834.15$11,020
Apr 201301,64693.964.28$7,049
Mar 201302,26793.623.91$8,870
Feb 201302,22791.233.42$7,616
Jan 201302,25491.603.42$7,708
Dec 201202,34186.773.42$8,007
Nov 201202,11886.953.62$7,678
Oct 201201,54089.383.40$5,236
Sep 201202,07594.672.92$6,056
Aug 201202,27592.662.91$6,616
Jul 201202,25485.133.02$6,809
Jun 201201,98979.822.52$5,010
May 201202,92891.612.49$7,286
Apr 201203,532101.652.00$7,053
Mar 201215,456105.052.22$12,229
Feb 201206,279101.102.57$16,139
Jan 201215,94098.092.73$16,339
Dec 201102,90696.873.24$9,415
Nov 201116,37295.723.31$21,195
Oct 201117,27984.983.65$26,643
Sep 201104,04983.623.99$16,139
Aug 201103,64783.404.15$15,133
Jul 201125,80694.144.52$26,415
Jun 201115,19892.904.64$24,211
May 201106,59798.134.40$29,059
Apr 201106,468105.964.33$28,028
Mar 201116,63796.364.06$27,025
Feb 201115,82585.644.18$24,434
Jan 201128,32486.504.59$38,370
Dec 201017,21985.734.35$31,472
Nov 201005,81580.843.80$22,070
Oct 201006,77578.103.51$23,773
Sep 201015,31972.633.98$21,239
Aug 201007,94673.684.42$35,116
Jul 201017,24372.554.74$34,379
Jun 201006,06070.364.91$29,757
May 201017,60971.124.24$32,297
Apr 201008,74381.694.12$36,045
Mar 201006,57178.394.39$28,838
Feb 201007,31273.585.44$39,795
Jan 201009,15674.365.96$54,607
Dec 200905,90071.445.48$32,354
Nov 200907,22274.593.75$27,093
Oct 200916,81672.544.11$28,088
Sep 200906,93265.543.06$21,245
Aug 200909,06267.423.22$29,166
Jul 200909,84561.133.46$34,108
Jun 200909,34666.163.90$36,403
May 2009010,82154.743.93$42,481
Apr 200909,78446.773.59$35,100
Mar 2009010,10142.144.06$41,000
Feb 200907,86432.814.63$36,434
Jan 2009010,30735.865.37$55,359
Dec 2008012,42537.105.98$74,266
Nov 200807,09155.496.86$48,647
Oct 2008010,21075.246.92$70,673
Sep 200807,451101.767.88$58,692
Aug 200819,334114.228.48$79,295
Jul 200819,644131.0811.39$109,971
Jun 2008010,986131.3313.03$143,176
May 2008115,211123.1711.57$176,180
Apr 2008111,893110.3110.45$124,450
Mar 200805,896101.909.66$56,979
Feb 2008012,63692.538.77$110,825
Jan 2008017,19990.388.21$141,130
Dec 2007023,12488.337.30$168,851
Nov 2007029,89591.677.29$217,985
Oct 2007048,49182.856.92$335,654
Sep 200703,94775.846.24$24,646

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                2,745 Mcf  × $  3.05 =     $8,361

────────────────────────────────────────────────────
Month total                                   $8,361

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/233806 is the state's own key, not one this site invented.