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 243430District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
215
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 Gas112009-01-29188778
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
CondensateDisposition3,269 bbl$222,629
GasProduction2,635,833 Mcf$11,144,442
Total$11,367,071

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 31.3808, -96.2494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38081, -96.24940 · 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
14,999 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 14,999 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-289317251814,999 ftJul 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 (215)

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

215 months

May 202605,931106.413.05$18,065
Apr 202606,75698.932.87$19,388
Mar 202606,20489.753.15$19,539
Feb 202603,13063.503.75$11,739
Jan 202605,24559.138.00$41,949
Dec 202503,72256.664.41$16,427
Nov 2025125558.593.93$1,060
Oct 202503,75559.383.30$12,410
Sep 202505,29262.743.08$16,283
Aug 202506,22963.933.01$18,779
Jul 202504,95966.743.32$16,440
Jun 202514,35666.483.13$13,695
May 202506,18160.553.23$19,979
Apr 202506,78562.363.54$24,040
Mar 202508,33967.704.27$35,594
Feb 202507,05570.884.34$30,625
Jan 202504,87174.324.28$20,841
Dec 2024033668.993.12$1,049
Nov 202402,35869.052.20$5,184
Oct 202402,04471.372.28$4,663
Sep 2024049769.612.36$1,175
Aug 20240075.632.06$0
Jul 2024069079.932.15$1,481
Jun 202402,25878.082.63$5,948
May 20240078.812.20$0
Apr 202402,76784.451.66$4,591
Mar 202404,61280.301.55$7,126
Feb 202404,16076.091.78$7,420
Jan 202403,51673.023.30$11,595
Dec 202361,79771.262.61$5,119
Nov 202301,70777.892.81$4,793
Oct 2023061885.443.09$1,908
Sep 202301,02589.042.74$2,803
Aug 202302,37980.522.67$6,359
Jul 202302,72174.852.64$7,188
Jun 202302,10068.962.26$4,743
May 2023141,87770.622.23$5,170
Apr 202302,01778.122.24$4,514
Mar 202302,38272.852.39$5,701
Feb 202302,79375.112.47$6,887
Jan 202302,61976.533.39$8,872
Dec 202203,94876.415.73$22,618
Nov 2022222,71385.005.65$17,188
Oct 202204,47287.185.86$26,223
Sep 202204,03384.888.16$32,924
Aug 202205,00794.529.13$45,700
Jul 202207,939101.587.54$59,877
Jun 2022221,503115.097.98$14,522
May 202201,374109.378.43$11,587
Apr 202203,408104.226.84$23,303
Mar 202203,576108.885.08$18,153
Feb 202203,18191.054.86$15,456
Jan 202204,29181.844.54$19,471
Dec 2021295,54371.323.90$23,681
Nov 202104,11077.435.24$21,523
Oct 202104,89579.795.71$27,969
Sep 202106,50869.865.35$34,824
Aug 202105,66766.024.22$23,918
Jul 202106,56670.783.98$26,146
Jun 2021244,72169.493.38$17,628
May 202105,04063.483.02$15,209
Apr 202104,26660.362.76$11,767
Mar 2021163,15361.302.72$9,547
Feb 202101,92157.805.55$10,658
Jan 202103,96650.412.81$11,146
Dec 202003,70844.642.68$9,921
Nov 202001,86438.772.71$5,045
Oct 202004,79936.972.48$11,894
Sep 202004,30937.091.99$8,579
Aug 2020153,77739.982.39$9,608
Jul 202004,64638.371.83$8,480
Jun 202004,89234.901.69$8,269
May 202003,79916.921.81$6,894
Apr 202004,12414.751.80$7,441
Mar 2020191,16030.341.86$2,730
Feb 202001,18249.881.98$2,341
Jan 202003,90557.252.09$8,180
Dec 201904,86059.012.30$11,199
Nov 201903,49155.302.75$9,603
Oct 201905,13453.472.42$12,417
Sep 2019146,33855.052.66$17,613
Aug 201905,15153.112.30$11,870
Jul 201904,58656.272.46$11,282
Jun 2019145,18052.782.49$13,643
May 201905,40458.482.74$14,809
Apr 201905,58362.632.75$15,357
Mar 2019134,73656.803.06$15,241
Feb 2019105,00250.852.79$14,475
Jan 201904,75846.033.23$15,360
Dec 201874,97046.594.19$21,128
Nov 201806,00752.934.24$25,453
Oct 201806,85261.443.40$23,284
Sep 201806,95059.543.11$21,601
Aug 201817,33659.403.07$22,556
Jul 201845,66865.142.93$16,878
Jun 201846,42460.183.08$20,007
May 201808,08165.382.90$23,441
Apr 201801,20263.842.90$3,487
Mar 2018713,53861.222.79$38,157
Feb 201809,39861.782.77$25,996
Jan 201895,67762.874.01$23,327
Dec 2017073557.272.92$2,147
Nov 2017046255.423.12$1,441
Oct 2017078449.292.98$2,339
Sep 201761,78747.523.09$5,802
Aug 201701,14745.373.00$3,446
Jul 201702,07443.873.09$6,403
Jun 201701,49342.493.09$4,609
May 2017822145.373.26$1,084
Apr 2017096847.933.21$3,109
Mar 20171170146.772.98$2,606
Feb 2017131,18550.452.95$4,155
Jan 2017166,38749.413.42$22,626
Dec 2016238,78648.763.72$33,830
Nov 201608,48042.492.64$22,424
Oct 2016010,49946.193.09$32,445
Sep 201679,85241.553.10$30,838
Aug 2016911,48641.442.92$33,962
Jul 2016011,04641.622.92$32,302
Jun 2016011,15045.352.69$29,947
May 20161911,45542.521.99$23,615
Apr 2016912,10536.561.99$24,431
Mar 2016014,07233.011.79$25,245
Feb 20161213,23926.472.06$27,638
Jan 20161414,80527.352.36$35,387
Dec 20157615,99032.362.00$34,462
Nov 20157115,53338.792.17$36,419
Oct 2015012,71043.552.43$30,842
Sep 2015010,69242.992.76$29,493
Aug 20155711,03440.162.87$33,984
Jul 20156311,62348.152.95$37,264
Jun 20155710,47556.152.88$33,399
May 2015011,78455.212.96$34,827
Apr 20156012,36449.822.71$36,453
Mar 20155311,44442.892.93$35,858
Feb 201511210,89444.662.98$37,425
Jan 201506,58743.433.10$20,424
Dec 201415813,76154.693.59$58,062
Nov 2014014,32570.464.25$60,908
Oct 20148812,99478.303.90$57,579
Sep 20145816,60586.164.05$72,172
Aug 2014014,23589.394.04$57,440
Jul 2014014,19996.564.18$59,346
Jun 201419714,52098.164.74$88,117
May 201420415,64794.734.73$93,281
Apr 201419416,39295.944.81$97,443
Mar 201414316,18095.895.06$95,531
Feb 20141404,18997.406.19$39,574
Jan 2014011,65890.404.86$56,666
Dec 201302,64691.824.35$11,522
Nov 201303,57388.853.74$13,357
Oct 201304,37397.423.78$16,527
Sep 20130331104.113.72$1,231
Aug 2013017,238104.253.52$60,723
Jul 2013016,219102.523.72$60,298
Jun 2013017,98294.403.93$70,731
May 2013018,68094.834.15$77,505
Apr 2013110,14593.964.28$43,541
Mar 2013513,24493.623.91$52,290
Feb 2013174,98391.233.42$18,592
Jan 2013418,68991.603.42$64,281
Dec 2012319,64886.773.42$67,460
Nov 2012017,11086.953.62$62,023
Oct 2012013,40589.383.40$45,573
Sep 2012013,22894.672.92$38,605
Aug 2012015,93592.662.91$46,342
Jul 2012016,26885.133.02$49,142
Jun 2012015,35179.822.52$38,670
May 2012016,29491.612.49$40,545
Apr 201202,765101.652.00$5,521
Mar 20120813105.052.22$1,807
Feb 201205,129101.102.57$13,183
Jan 2012020,80398.092.73$56,877
Dec 2011022,80496.873.24$73,879
Nov 2011021,68595.723.31$71,805
Oct 2011021,27184.983.65$77,608
Sep 2011020,77083.623.99$82,785
Aug 2011019,67883.404.15$81,650
Jul 2011015,05594.144.52$68,007
Jun 2011019,26792.904.64$89,397
May 2011020,07698.134.40$88,431
Apr 2011120,003105.964.33$86,785
Mar 2011020,53096.364.06$83,297
Feb 2011116,58785.644.18$69,419
Jan 2011026,37486.504.59$121,024
Dec 2010525,88085.734.35$112,948
Nov 20101227,95280.843.80$107,057
Oct 2010622,86478.103.51$80,696
Sep 20103216,43172.633.98$67,711
Aug 2010526,84673.684.42$119,011
Jul 20102025,43772.554.74$121,933
Jun 20101926,41770.364.91$131,055
May 20102926,88371.124.24$115,918
Apr 20102827,15781.694.12$114,247
Mar 20104628,64178.394.39$129,302
Feb 2010835,59473.585.44$194,304
Jan 20104725,57274.365.96$156,009
Dec 20095030,88171.445.48$172,916
Nov 20095238,63574.593.75$148,818
Oct 20093039,72672.544.11$165,460
Sep 2009644,07665.543.06$135,475
Aug 20095354,10167.423.22$177,697
Jul 20096556,15061.133.46$198,505
Jun 20091755,40166.163.90$216,912
May 2009053,27954.743.93$209,160
Apr 2009015,29146.773.59$54,856
Mar 20097449,29642.144.06$203,211
Feb 20097947,76932.814.63$223,906
Jan 20095759,34835.865.37$320,802
Dec 20089772,19437.105.98$435,112
Nov 200811481,78555.496.86$567,400
Oct 200814397,65475.246.92$686,718
Sep 200813109,390101.767.88$862,998
Aug 200801,536114.228.48$13,030
Jul 200801,311131.0811.39$14,932

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                5,931 Mcf  × $  3.05 =    $18,065

────────────────────────────────────────────────────
Month total                                  $18,065

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/243430 is the state's own key, not one this site invented.