WILSON "V"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BOX CHURCH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242999District 05Field 109741002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jun 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
216
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 52 leases and 52 wells, and the rule below applies to all of them.

Discovered
1982-03-24
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-05-29.

The Commission's schedule remark for this field reads: WILL REMAIN SUSPENDED.

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 Gas112009-01-13188335
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
CondensateDisposition2,062 bbl$153,020
GasProduction448,334 Mcf$1,905,594
Total$2,058,614

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 31.4898, -96.4891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48984, -96.48915 · 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
10,468 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 10,468 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-29332091310,468 ftJun 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 (216)

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

216 months

May 20260224106.413.05$682
Apr 2026011998.932.87$342
Mar 2026016789.753.15$526
Feb 2026017563.503.75$656
Jan 2026015959.138.00$1,272
Dec 2025015356.664.41$675
Nov 2025030458.593.93$1,194
Oct 2025016759.383.30$552
Sep 2025025062.743.08$769
Aug 2025043663.933.01$1,314
Jul 202504566.743.32$149
Jun 2025014866.483.13$463
May 2025015760.553.23$507
Apr 2025022162.363.54$783
Mar 2025013767.704.27$585
Feb 2025020470.884.34$886
Jan 2025018474.324.28$787
Dec 2024015168.993.12$471
Nov 2024019769.052.20$433
Oct 2024026771.372.28$609
Sep 2024021869.612.36$515
Aug 2024022675.632.06$466
Jul 2024019379.932.15$414
Jun 2024045778.082.63$1,204
May 202406778.812.20$147
Apr 2024025684.451.66$425
Mar 2024025080.301.55$386
Feb 2024015676.091.78$278
Jan 202406973.023.30$228
Dec 2023016271.262.61$423
Nov 2023026777.892.81$750
Oct 2023012485.443.09$383
Sep 2023022589.042.74$615
Aug 2023036880.522.67$984
Jul 20230574.852.64$13
Jun 2023023668.962.26$533
May 2023017370.622.23$385
Apr 2023028878.122.24$644
Mar 2023017872.852.39$426
Feb 2023017575.112.47$431
Jan 2023025176.533.39$850
Dec 2022020976.415.73$1,197
Nov 2022024885.005.65$1,400
Oct 2022017487.185.86$1,020
Sep 2022010384.888.16$841
Aug 2022012894.529.13$1,168
Jul 20220265101.587.54$1,999
Jun 2022120100115.097.98$14,609
May 20220145109.378.43$1,223
Apr 20220196104.226.84$1,340
Mar 20220184108.885.08$934
Feb 2022044591.054.86$2,162
Jan 2022029681.844.54$1,343
Dec 2021033671.323.90$1,310
Nov 2021067177.435.24$3,514
Oct 20210079.795.71$0
Sep 202104769.865.35$251
Aug 202107966.024.22$333
Jul 202106370.783.98$251
Jun 2021031169.493.38$1,051
May 2021015263.483.02$459
Apr 2021034160.362.76$941
Mar 2021059661.302.72$1,619
Feb 2021056857.805.55$3,151
Jan 2021064950.412.81$1,824
Dec 2020080844.642.68$2,162
Nov 2020053538.772.71$1,448
Oct 2020078836.972.48$1,953
Sep 2020478337.091.99$1,707
Aug 2020083439.982.39$1,989
Jul 2020080538.371.83$1,469
Jun 2020090334.901.69$1,526
May 202001,04316.921.81$1,893
Apr 202001,28114.751.80$2,311
Mar 202001,76530.341.86$3,276
Feb 202002,18049.881.98$4,318
Jan 202002,30257.252.09$4,822
Dec 201902,19059.012.30$5,047
Nov 201902,18955.302.75$6,021
Oct 201902,04253.472.42$4,939
Sep 201902,32155.052.66$6,168
Aug 201902,37453.112.30$5,471
Jul 201902,27056.272.46$5,584
Jun 201901,72352.782.49$4,292
May 201901,99358.482.74$5,461
Apr 201902,04562.632.75$5,625
Mar 201902,13056.803.06$6,522
Feb 20191931,36350.852.79$13,620
Jan 201901,90146.033.23$6,137
Dec 201801,56546.594.19$6,550
Nov 201801,48052.934.24$6,271
Oct 201801,81861.443.40$6,178
Sep 2018091159.543.11$2,831
Aug 201801,28359.403.07$3,934
Jul 201801,60265.142.93$4,697
Jun 201801,71860.183.08$5,286
May 201801,83765.382.90$5,329
Apr 201801,50263.842.90$4,357
Mar 201801,68461.222.79$4,693
Feb 201801,56861.782.77$4,337
Jan 201801,80962.874.01$7,253
Dec 201702,02257.272.92$5,907
Nov 201702,00555.423.12$6,252
Oct 201702,05949.292.98$6,143
Sep 201701,25047.523.09$3,859
Aug 201701,59645.373.00$4,795
Jul 201701,51543.873.09$4,677
Jun 201701,70742.493.09$5,270
May 201701,82145.373.26$5,943
Apr 201702,06147.933.21$6,619
Mar 201701,73446.772.98$5,174
Feb 201701,67150.452.95$4,934
Jan 201702,10249.413.42$7,186
Dec 201602,06148.763.72$7,673
Nov 201602,09842.492.64$5,548
Oct 20161631,85946.193.09$13,274
Sep 201601,79241.553.10$5,556
Aug 201602,05341.442.92$6,004
Jul 201601,84941.622.92$5,407
Jun 201601,85445.352.69$4,980
May 201601,83642.521.99$3,656
Apr 201601,98136.561.99$3,944
Mar 201602,03633.011.79$3,653
Feb 201611,56926.472.06$3,264
Jan 201602,02427.352.36$4,785
Dec 201501,99432.362.00$3,991
Nov 201502,03738.792.17$4,415
Oct 201511,87243.552.43$4,586
Sep 201502,06842.992.76$5,704
Aug 201501,93340.162.87$5,553
Jul 20151521,86748.152.95$12,817
Jun 201501,96756.152.88$5,671
May 201501,94655.212.96$5,751
Apr 201502,09549.822.71$5,670
Mar 201512,10242.892.93$6,212
Feb 201521,95644.662.98$5,911
Jan 201512,43043.433.10$7,578
Dec 201401,94154.693.59$6,971
Nov 201402,08670.464.25$8,869
Oct 201402,10778.303.90$8,219
Sep 201412,10786.164.05$8,610
Aug 201402,29189.394.04$9,244
Jul 201402,10296.564.18$8,786
Jun 20141432,28898.164.74$24,875
May 201411,83494.734.73$8,763
Apr 201412,30795.944.81$11,191
Mar 201402,17895.895.06$11,014
Feb 201402,12197.406.19$13,133
Jan 201402,41990.404.86$11,758
Dec 201302,41691.824.35$10,520
Nov 201302,38888.853.74$8,927
Oct 201302,88497.423.78$10,900
Sep 201302,764104.113.72$10,276
Aug 201302,950104.253.52$10,392
Jul 201302,883102.523.72$10,718
Jun 20131472,76094.403.93$24,733
May 201302,86494.834.15$11,883
Apr 201322,66293.964.28$11,588
Mar 201313,01993.623.91$11,907
Feb 201312,60891.233.42$9,010
Jan 201323,86591.603.42$13,401
Dec 201222,79586.773.42$9,733
Nov 201222,93486.953.62$10,810
Oct 201222,87889.383.40$9,963
Sep 201242,57994.672.92$7,905
Aug 201242,79792.662.91$8,505
Jul 20121452,28385.133.02$19,240
Jun 201202,36179.822.52$5,947
May 201222,41391.612.49$6,188
Apr 201222,355101.652.00$4,906
Mar 201222,969105.052.22$6,807
Feb 201212,858101.102.57$7,447
Jan 201223,16398.092.73$8,844
Dec 201143,59496.873.24$12,031
Nov 201133,55795.723.31$12,065
Oct 201123,35484.983.65$12,407
Sep 201143,30183.623.99$13,492
Aug 201163,39283.404.15$14,575
Jul 201163,45694.144.52$16,176
Jun 201103,48492.904.64$16,165
May 201123,73698.134.40$16,653
Apr 20111023,497105.964.33$25,961
Mar 201113,95096.364.06$16,123
Feb 201102,35885.644.18$9,856
Jan 201133,52586.504.59$16,435
Dec 20101443,91985.734.35$29,384
Nov 201003,63980.843.80$13,811
Oct 201033,55978.103.51$12,722
Sep 201013,79772.633.98$15,183
Aug 201023,90673.684.42$17,409
Jul 201013,49172.554.74$16,608
Jun 201003,96370.364.91$19,460
May 201003,60571.124.24$15,268
Apr 201003,96481.694.12$16,342
Mar 20101434,13278.394.39$29,344
Feb 201003,77273.585.44$20,529
Jan 201003,87174.365.96$23,087
Dec 20091563,84971.445.48$32,252
Nov 200904,17074.593.75$15,644
Oct 200903,81272.544.11$15,668
Sep 200945,01665.543.06$15,635
Aug 200935,45967.423.22$17,772
Jul 200905,63061.133.46$19,505
Jun 20091555,34766.163.90$31,081
May 200906,48454.743.93$25,455
Apr 200916,58546.773.59$23,670
Mar 200907,89642.144.06$32,050
Feb 200906,08632.814.63$28,196
Jan 20091278,58735.865.37$50,675
Dec 200809,14937.105.98$54,685
Nov 200819,32255.496.86$64,008
Oct 2008725,67775.246.92$44,713
Sep 200839,039101.767.88$71,506
Aug 2008511,626114.228.48$99,195
Jul 200817,459131.0811.39$85,085
Jun 200827,408131.3313.03$96,808

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                  224 Mcf  × $  3.05 =       $682

────────────────────────────────────────────────────
Month total                                     $682

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/242999 is the state's own key, not one this site invented.