LEWIS "B"

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 234861District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Mar 2008 – May 2026
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
219
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 Gas112008-05-30183114
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
CondensateDisposition1,445 bbl$80,954
GasProduction1,656,082 Mcf$7,220,635
Total$7,301,589

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 31.3763, -96.2499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37632, -96.24990 · 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
14,810 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 14,810 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-289316772014,810 ftApr 2008

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 (219)

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

219 months

May 202602,664106.413.05$8,114
Apr 202602,79198.932.87$8,009
Mar 202602,41289.753.15$7,596
Feb 202601,19263.503.75$4,470
Jan 202602,07459.138.00$16,588
Dec 202501,17556.664.41$5,186
Nov 2025221,91958.593.93$8,824
Oct 202502,37659.383.30$7,852
Sep 202502,20162.743.08$6,772
Aug 202502,70263.933.01$8,146
Jul 202501,73366.743.32$5,745
Jun 2025251,62366.483.13$6,740
May 202501,64160.553.23$5,304
Apr 202501,84462.363.54$6,534
Mar 202502,14867.704.27$9,168
Feb 202502,01970.884.34$8,764
Jan 202502,03174.324.28$8,690
Dec 202401,88268.993.12$5,874
Nov 202402,31569.052.20$5,089
Oct 202402,57571.372.28$5,875
Sep 202402,16269.612.36$5,112
Aug 202402,64875.632.06$5,464
Jul 202403,54979.932.15$7,618
Jun 202403,69978.082.63$9,743
May 20240078.812.20$0
Apr 202403,91684.451.66$6,497
Mar 202406,66680.301.55$10,300
Feb 202406,08676.091.78$10,855
Jan 202405,08073.023.30$16,752
Dec 202327,31871.262.61$19,248
Nov 202304,74677.892.81$13,325
Oct 202301,29885.443.09$4,007
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20233070.622.23$212
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301,39875.112.47$3,447
Jan 2023041376.533.39$1,399
Dec 2022033876.415.73$1,936
Nov 2022434285.005.65$2,271
Oct 2022065987.185.86$3,864
Sep 2022073784.888.16$6,017
Aug 202201,33094.529.13$12,139
Jul 202201,186101.587.54$8,945
Jun 202241,426115.097.98$11,836
May 202201,265109.378.43$10,668
Apr 20220751104.226.84$5,135
Mar 20220725108.885.08$3,680
Feb 2022086491.054.86$4,198
Jan 202201,01881.844.54$4,619
Dec 2021618871.323.90$1,161
Nov 2021085677.435.24$4,483
Oct 2021026079.795.71$1,486
Sep 2021027869.865.35$1,488
Aug 2021037866.024.22$1,595
Jul 2021091670.783.98$3,648
Jun 2021738969.493.38$1,801
May 2021056063.483.02$1,690
Apr 2021050860.362.76$1,401
Mar 2021397361.302.72$2,827
Feb 2021088057.805.55$4,882
Jan 2021076850.412.81$2,158
Dec 202008444.642.68$225
Nov 2020065138.772.71$1,762
Oct 2020065336.972.48$1,618
Sep 202001,15537.091.99$2,300
Aug 202071,72139.982.39$4,385
Jul 202001,96338.371.83$3,583
Jun 202001,44834.901.69$2,448
May 202002,01216.921.81$3,651
Apr 202002,94214.751.80$5,308
Mar 2020263,43330.341.86$7,161
Feb 202003,98349.881.98$7,889
Jan 202004,06957.252.09$8,524
Dec 201902,40259.012.30$5,535
Nov 201901,02955.302.75$2,830
Oct 2019058253.472.42$1,408
Sep 2019354,03755.052.66$12,654
Aug 201905,20053.112.30$11,983
Jul 201905,06356.272.46$12,455
Jun 2019335,24652.782.49$14,811
May 201905,63658.482.74$15,444
Apr 201905,80762.632.75$15,973
Mar 2019324,39156.803.06$15,263
Feb 2019324,42250.852.79$13,974
Jan 201905,15946.033.23$16,654
Dec 2018394,79746.594.19$21,895
Nov 201806,73052.934.24$28,517
Oct 201807,57361.443.40$25,734
Sep 201805,54559.543.11$17,234
Aug 2018975,56459.403.07$22,824
Jul 201804,67365.142.93$13,701
Jun 201885,55160.183.08$17,561
May 201807,24965.382.90$21,028
Apr 201807,31763.842.90$21,225
Mar 2018175,37561.222.79$16,020
Feb 201804,46861.782.77$12,359
Jan 2018105,48562.874.01$22,620
Dec 201705,68257.272.92$16,600
Nov 201702,82355.423.12$8,803
Oct 201702,07549.292.98$6,191
Sep 20171193,35247.523.09$16,003
Aug 201704,96145.373.00$14,905
Jul 201706,18943.873.09$19,107
Jun 201706,17342.493.09$19,058
May 20171036,79745.373.26$26,854
Apr 201705,73147.933.21$18,406
Mar 2017875,53646.772.98$20,587
Feb 2017745,80950.452.95$20,885
Jan 2017426,09249.413.42$22,903
Dec 2016296,79348.763.72$26,703
Nov 201606,24642.492.64$16,517
Oct 201605,65946.193.09$17,488
Sep 201675,72341.553.10$18,036
Aug 201696,40041.442.92$19,089
Jul 201607,12641.622.92$20,839
Jun 201607,93845.352.69$21,320
May 2016188,46342.521.99$17,616
Apr 201697,77936.561.99$15,817
Mar 201608,30033.011.79$14,890
Feb 201665,24426.472.06$10,981
Jan 2016119,95227.352.36$23,831
Dec 201509,55332.362.00$19,119
Nov 201507,56338.792.17$16,392
Oct 201506,66343.552.43$16,168
Sep 201505,46242.992.76$15,066
Aug 201506,14840.162.87$17,660
Jul 201508,02548.152.95$23,634
Jun 201508,42156.152.88$24,277
May 201508,71755.212.96$25,763
Apr 201508,45349.822.71$22,879
Mar 201508,76442.892.93$25,720
Feb 201508,77344.662.98$26,110
Jan 201507,69143.433.10$23,847
Dec 201407,36454.693.59$26,447
Nov 201405,14470.464.25$21,871
Oct 201405,77078.303.90$22,509
Sep 201405,65286.164.05$22,865
Aug 201405,04189.394.04$20,341
Jul 201405,33496.564.18$22,294
Jun 201406,28798.164.74$29,781
May 201406,27494.734.73$29,654
Apr 201406,66695.944.81$32,058
Mar 201406,60195.895.06$33,380
Feb 201406,77897.406.19$41,969
Jan 201408,43990.404.86$41,020
Dec 201307,96291.824.35$34,670
Nov 201308,68188.853.74$32,452
Oct 201309,92197.423.78$37,495
Sep 2013010,326104.113.72$38,389
Aug 201308,511104.253.52$29,981
Jul 201308,326102.523.72$30,954
Jun 201307,35394.403.93$28,922
May 201308,02494.834.15$33,292
Apr 201318,14193.964.28$34,959
Mar 201378,47093.623.91$33,797
Feb 2013117,59691.233.42$26,981
Jan 2013211,54691.603.42$39,669
Dec 2012211,83886.773.42$40,661
Nov 201209,92786.953.62$35,985
Oct 201209,19889.383.40$31,270
Sep 2012010,65394.672.92$31,090
Aug 2012012,31792.662.91$35,820
Jul 2012012,19185.133.02$36,827
Jun 2012011,50379.822.52$28,977
May 2012011,05091.612.49$27,496
Apr 2012011,465101.652.00$22,893
Mar 2012011,671105.052.22$25,934
Feb 2012011,724101.102.57$30,133
Jan 2012012,91698.092.73$35,313
Dec 2011013,62196.873.24$44,129
Nov 2011013,86495.723.31$45,908
Oct 2011014,18284.983.65$51,744
Sep 2011013,59683.623.99$54,191
Aug 2011014,47183.404.15$60,045
Jul 2011012,93694.144.52$58,435
Jun 2011011,73592.904.64$54,449
May 2011012,14698.134.40$53,501
Apr 2011111,615105.964.33$50,437
Mar 2011013,38096.364.06$54,287
Feb 2011113,27685.644.18$55,579
Jan 2011016,06486.504.59$73,714
Dec 2010416,50085.734.35$72,081
Nov 20101015,94880.843.80$61,336
Oct 2010416,83478.103.51$59,381
Sep 20101314,27072.633.98$57,731
Aug 2010210,12473.684.42$44,889
Jul 201068,40072.554.74$40,222
Jun 201068,03270.364.91$39,862
May 2010119,75771.124.24$42,105
Apr 2010159,32681.694.12$39,674
Mar 20102814,25678.394.39$64,760
Feb 2010418,42673.585.44$100,575
Jan 20103120,91474.365.96$127,038
Dec 20092920,22071.445.48$112,953
Nov 20092723,15074.593.75$88,861
Oct 20091423,45672.544.11$97,426
Sep 2009217,18865.543.06$52,808
Aug 20092626,55167.423.22$87,207
Jul 20093526,72761.133.46$94,735
Jun 20091126,43966.163.90$103,708
May 2009029,04354.743.93$114,016
Apr 2009628,38246.773.59$102,101
Mar 20093929,03742.144.06$119,505
Feb 20094126,50432.814.63$124,138
Jan 20092432,98735.865.37$178,034
Dec 20083429,37337.105.98$176,828
Nov 20081929,21355.496.86$201,466
Oct 20081516,87675.246.92$117,944
Sep 20082410,398101.767.88$84,348
Aug 20081324,718114.228.48$211,168
Jul 2008129,435131.0811.39$335,379
Jun 2008032,579131.3313.03$424,590
May 2008025,470123.1711.57$294,797
Apr 2008010,778110.3110.45$112,682
Mar 200804,843101.909.66$46,803

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                2,664 Mcf  × $  3.05 =     $8,114

────────────────────────────────────────────────────
Month total                                   $8,114

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/234861 is the state's own key, not one this site invented.