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 235959District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Jan 2008 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
221
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 Gas112008-06-30183797
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
CondensateDisposition44 bbl$3,243
GasProduction1,770,643 Mcf$10,120,813
Total$10,124,056

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 31.4355, -96.2407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43552, -96.24066 · 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
14,290 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 14,290 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-161331551514,290 ftJan 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 (221)

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

221 months

May 20260311106.413.05$947
Apr 2026039498.932.87$1,131
Mar 2026042889.753.15$1,348
Feb 202601,67163.503.75$6,267
Jan 2026097159.138.00$7,766
Dec 2025045956.664.41$2,026
Nov 2025081558.593.93$3,200
Oct 2025048059.383.30$1,586
Sep 2025036062.743.08$1,108
Aug 202501,00063.933.01$3,015
Jul 2025067866.743.32$2,248
Jun 2025085166.483.13$2,663
May 202501,89460.553.23$6,122
Apr 202503,90362.363.54$13,829
Mar 202502,08967.704.27$8,917
Feb 2025048870.884.34$2,118
Jan 2025082574.324.28$3,530
Dec 202401,70268.993.12$5,313
Nov 2024031469.052.20$690
Oct 2024073871.372.28$1,684
Sep 2024096569.612.36$2,282
Aug 2024473975.632.06$1,828
Jul 202401,51579.932.15$3,252
Jun 202402,53078.082.63$6,664
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024075680.301.55$1,168
Feb 202401,00176.091.78$1,785
Jan 202401,07373.023.30$3,538
Dec 2023097671.262.61$2,548
Nov 202301,30477.892.81$3,661
Oct 202301,25485.443.09$3,871
Sep 2023087089.042.74$2,379
Aug 202301,48480.522.67$3,967
Jul 202301,60874.852.64$4,248
Jun 2023061368.962.26$1,384
May 2023034070.622.23$757
Apr 2023080778.122.24$1,806
Mar 202301,28272.852.39$3,068
Feb 2023032075.112.47$789
Jan 2023061276.533.39$2,073
Dec 202202,30976.415.73$13,228
Nov 202201,16685.005.65$6,583
Oct 202201,17587.185.86$6,890
Sep 202201,18984.888.16$9,707
Aug 2022034694.529.13$3,158
Jul 202201,091101.587.54$8,228
Jun 20220911115.097.98$7,267
May 202201,103109.378.43$9,302
Apr 202202,797104.226.84$19,125
Mar 202201,690108.885.08$8,579
Feb 202201,10291.054.86$5,354
Jan 202201,27281.844.54$5,772
Dec 202101,68471.323.90$6,566
Nov 2021056877.435.24$2,975
Oct 202101,29979.795.71$7,422
Sep 202101,53769.865.35$8,224
Aug 2021081666.024.22$3,444
Jul 202101,53670.783.98$6,116
Jun 2021093069.493.38$3,144
May 2021271663.483.02$2,288
Apr 202101,33460.362.76$3,680
Mar 2021066461.302.72$1,804
Feb 202101,55157.805.55$8,605
Jan 2021099050.412.81$2,782
Dec 202002,78544.642.68$7,451
Nov 202002,86238.772.71$7,746
Oct 2020082936.972.48$2,055
Sep 202002,92237.091.99$5,818
Aug 202001,63739.982.39$3,904
Jul 202022,27338.371.83$4,225
Jun 202001,76534.901.69$2,983
May 202001,87116.921.81$3,395
Apr 202002,27314.751.80$4,101
Mar 202003,99630.341.86$7,418
Feb 202003,86749.881.98$7,659
Jan 202002,06457.252.09$4,324
Dec 201902,43059.012.30$5,600
Nov 201901,56755.302.75$4,310
Oct 201901,57653.472.42$3,812
Sep 201901,25955.052.66$3,346
Aug 201902,03553.112.30$4,689
Jul 201903,79856.272.46$9,343
Jun 201901,88752.782.49$4,701
May 201902,68158.482.74$7,347
Apr 201952,13362.632.75$6,180
Mar 201903,71356.803.06$11,370
Feb 201902,86250.852.79$7,991
Jan 201904,06046.033.23$13,106
Dec 201803,82046.594.19$15,988
Nov 201806,68752.934.24$28,334
Oct 201802,27161.443.40$7,717
Sep 201801,28059.543.11$3,978
Aug 201802,53559.403.07$7,774
Jul 201863,09565.142.93$9,465
Jun 201801,29760.183.08$3,991
May 201801,18265.382.90$3,429
Apr 201802,29363.842.90$6,652
Mar 201801,23961.222.79$3,453
Feb 201801,10861.782.77$3,065
Jan 201802,61762.874.01$10,492
Dec 201702,68357.272.92$7,838
Nov 201703,05655.423.12$9,530
Oct 201703,94149.292.98$11,759
Sep 201701,12547.523.09$3,473
Aug 201701,87645.373.00$5,636
Jul 201702,84443.873.09$8,780
Jun 201751,97542.493.09$6,310
May 201701,72845.373.26$5,639
Apr 201702,87947.933.21$9,246
Mar 201702,39946.772.98$7,158
Feb 201703,28050.452.95$9,685
Jan 201704,27949.413.42$14,629
Dec 201607,79248.763.72$29,008
Nov 2016010,91542.492.64$28,863
Oct 201603,71746.193.09$11,487
Sep 201604,15741.553.10$12,889
Aug 201605,99141.442.92$17,520
Jul 201608,05241.622.92$23,547
Jun 201605,03345.352.69$13,518
May 201603,89142.521.99$7,747
Apr 201605,07336.561.99$10,101
Mar 201607,18833.011.79$12,895
Feb 201604,98526.472.06$10,287
Jan 201602,53827.352.36$6,001
Dec 201503,16832.362.00$6,340
Nov 201503,89138.792.17$8,433
Oct 201505,97443.552.43$14,496
Sep 201505,27642.992.76$14,553
Aug 201503,94840.162.87$11,341
Jul 201502,94448.152.95$8,670
Jun 201504,52056.152.88$13,031
May 201505,53455.212.96$16,355
Apr 201504,29449.822.71$11,622
Mar 201502,84942.892.93$8,361
Feb 201503,53544.662.98$10,521
Jan 201503,37643.433.10$10,468
Dec 201406,27954.693.59$22,550
Nov 201406,37270.464.25$27,093
Oct 201405,19978.303.90$20,281
Sep 201407,41786.164.05$30,005
Aug 201405,10289.394.04$20,587
Jul 201405,45996.564.18$22,816
Jun 201407,05398.164.74$33,409
May 201404,37294.734.73$20,665
Apr 201403,89295.944.81$18,717
Mar 201403,66195.895.06$18,513
Feb 201403,56897.406.19$22,093
Jan 201403,09890.404.86$15,059
Dec 201303,34291.824.35$14,553
Nov 201303,50688.853.74$13,106
Oct 201304,29897.423.78$16,244
Sep 201305,477104.113.72$20,362
Aug 201308,131104.253.52$28,642
Jul 201309,494102.523.72$35,296
Jun 201309,47594.403.93$37,269
May 201308,35394.834.15$34,657
Apr 201305,32793.964.28$22,813
Mar 201305,99193.623.91$23,442
Feb 201304,94991.233.42$16,925
Jan 201304,46491.603.42$15,266
Dec 201205,91986.773.42$20,244
Nov 201207,93186.953.62$28,750
Oct 201208,38189.383.40$28,493
Sep 201209,43694.672.92$27,538
Aug 2012011,19392.662.91$32,551
Jul 2012012,63685.133.02$38,171
Jun 2012012,79679.822.52$32,234
May 2012012,98091.612.49$32,298
Apr 2012012,539101.652.00$25,038
Mar 201209,449105.052.22$20,996
Feb 2012012,182101.102.57$31,311
Jan 2012013,20698.092.73$36,106
Dec 2011011,84696.873.24$38,378
Nov 2011011,60795.723.31$38,434
Oct 2011012,38084.983.65$45,169
Sep 201106,81483.623.99$27,159
Aug 201105,31583.404.15$22,054
Jul 201106,06294.144.52$27,384
Jun 201108,13692.904.64$37,750
May 201107,09998.134.40$31,270
Apr 201105,337105.964.33$23,127
Mar 201109,36296.364.06$37,985
Feb 201109,07585.644.18$37,933
Jan 201108,52086.504.59$39,096
Dec 201009,12385.734.35$39,665
Nov 2010010,88680.843.80$41,316
Oct 201007,79378.103.51$27,345
Sep 2010010,82972.633.98$43,094
Aug 2010011,03273.684.42$48,754
Jul 2010010,02672.554.74$47,488
Jun 201009,69870.364.91$47,621
May 2010014,81071.124.24$62,724
Apr 2010015,97981.694.12$65,876
Mar 2010013,90578.394.39$61,024
Feb 2010013,24273.585.44$72,068
Jan 2010017,90474.365.96$106,781
Dec 2009016,78571.445.48$92,045
Nov 2009021,05274.593.75$78,977
Oct 2009023,83972.544.11$97,984
Sep 2009024,69265.543.06$75,675
Aug 2009027,06767.423.22$87,115
Jul 2009027,45661.133.46$95,121
Jun 2009029,05066.163.90$113,150
May 2009030,66354.743.93$120,375
Apr 2009028,93046.773.59$103,786
Mar 2009033,51242.144.06$136,025
Feb 2009032,47732.814.63$150,466
Jan 2009035,95135.865.37$193,093
Dec 2008038,31237.105.98$228,996
Nov 2008046,55055.496.86$319,350
Oct 2008044,74275.246.92$309,703
Sep 2008037,163101.767.88$292,736
Aug 2008048,036114.228.48$407,490
Jul 2008054,265131.0811.39$618,047
Jun 2008031,351131.3313.03$408,586
May 2008076,887123.1711.57$889,912
Apr 20080102,712110.3110.45$1,073,840
Mar 2008097,450101.909.66$941,764
Feb 2008624,26992.538.77$213,408
Jan 20081418,25490.388.21$151,053

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                  311 Mcf  × $  3.05 =       $947

────────────────────────────────────────────────────
Month total                                     $947

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/235959 is the state's own key, not one this site invented.