TWEENER

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 245785District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Jul 2008 – May 2026
Value, last 12 filed months
$57 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 Gas112009-03-30190546
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
CondensateDisposition2,750 bbl$200,182
GasProduction1,440,857 Mcf$6,585,922
Total$6,786,104

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 31.4206, -96.2449. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42061, -96.24494 · 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
13,358 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 13,358 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-29332044413,358 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 202602,672106.413.05$8,138
Apr 202602,92598.932.87$8,394
Mar 202603,59989.753.15$11,335
Feb 2026084563.503.75$3,169
Jan 202601,11159.138.00$8,886
Dec 2025053656.664.41$2,366
Nov 2025057058.593.93$2,238
Oct 202501,09359.383.30$3,612
Sep 2025068562.743.08$2,108
Aug 2025092163.933.01$2,777
Jul 2025040566.743.32$1,343
Jun 2025099866.483.13$3,122
May 2025092860.553.23$3,000
Apr 202501,13662.363.54$4,025
Mar 2025050667.704.27$2,160
Feb 2025046170.884.34$2,001
Jan 2025068974.324.28$2,948
Dec 202401,08468.993.12$3,384
Nov 2024047969.052.20$1,053
Oct 2024077371.372.28$1,764
Sep 2024072169.612.36$1,705
Aug 2024063275.632.06$1,304
Jul 202401,37179.932.15$2,943
Jun 202402,14978.082.63$5,660
May 20240078.812.20$0
Apr 2024090584.451.66$1,502
Mar 202401,22980.301.55$1,899
Feb 202401,15776.091.78$2,064
Jan 202401,22973.023.30$4,053
Dec 202301,14971.262.61$3,000
Nov 202301,31777.892.81$3,698
Oct 2023063785.443.09$1,967
Sep 202301,20789.042.74$3,301
Aug 2023083680.522.67$2,235
Jul 202301,09874.852.64$2,901
Jun 202301,59068.962.26$3,591
May 202301,81370.622.23$4,038
Apr 202301,71578.122.24$3,838
Mar 202301,66672.852.39$3,987
Feb 202301,64575.112.47$4,056
Jan 202302,17376.533.39$7,362
Dec 202202,02776.415.73$11,613
Nov 202203,45585.005.65$19,508
Oct 202204,09987.185.86$24,036
Sep 202202,85584.888.16$23,307
Aug 202204,08594.529.13$37,284
Jul 202204,033101.587.54$30,417
Jun 202204,115115.097.98$32,826
May 202202,126109.378.43$17,929
Apr 202201,704104.226.84$11,651
Mar 202201,893108.885.08$9,610
Feb 202201,50691.054.86$7,317
Jan 202202,08781.844.54$9,470
Dec 202102,23671.323.90$8,718
Nov 202103,46377.435.24$18,135
Oct 202103,37679.795.71$19,290
Sep 20211263,53569.865.35$27,718
Aug 202103,23566.024.22$13,654
Jul 202101,83670.783.98$7,311
Jun 202101,57769.493.38$5,331
May 202102,08563.483.02$6,292
Apr 202102,19960.362.76$6,066
Mar 202102,55461.302.72$6,939
Feb 202102,20357.805.55$12,222
Jan 202103,33050.412.81$9,358
Dec 202002,73744.642.68$7,323
Nov 202003,23038.772.71$8,742
Oct 202003,50136.972.48$8,677
Sep 202003,85037.091.99$7,666
Aug 202003,62139.982.39$8,636
Jul 202004,30638.371.83$7,859
Jun 202003,81334.901.69$6,445
May 202004,37416.921.81$7,938
Apr 202004,11014.751.80$7,416
Mar 202004,00730.341.86$7,438
Feb 202003,61949.881.98$7,168
Jan 20201124,30357.252.09$15,426
Dec 201901,69459.012.30$3,904
Nov 201901,57555.302.75$4,332
Oct 201902,05753.472.42$4,975
Sep 201902,44755.052.66$6,502
Aug 201903,47853.112.30$8,015
Jul 201902,83156.272.46$6,964
Jun 201904,28452.782.49$10,672
May 201904,18958.482.74$11,479
Apr 201902,16862.632.75$5,964
Mar 201901,96256.803.06$6,008
Feb 201902,59050.852.79$7,232
Jan 201903,94346.033.23$12,729
Dec 201804,14246.594.19$17,336
Nov 201804,92552.934.24$20,868
Oct 201803,34761.443.40$11,373
Sep 201802,11059.543.11$6,558
Aug 201802,38659.403.07$7,317
Jul 201803,34965.142.93$9,819
Jun 201805,30560.183.08$16,323
May 201805,78065.382.90$16,767
Apr 201803,50663.842.90$10,170
Mar 201802,87561.222.79$8,012
Feb 20181144,15661.782.77$18,539
Jan 201802,63262.874.01$10,553
Dec 201702,07157.272.92$6,050
Nov 201703,44355.423.12$10,737
Oct 201704,98349.292.98$14,868
Sep 201704,08447.523.09$12,608
Aug 201702,94645.373.00$8,851
Jul 201704,39443.873.09$13,566
Jun 201705,10042.493.09$15,745
May 201704,62445.373.26$15,090
Apr 201704,68947.933.21$15,059
Mar 201704,13546.772.98$12,338
Feb 20171132,67350.452.95$13,593
Jan 201702,97949.413.42$10,185
Dec 201603,32948.763.72$12,393
Nov 201604,43242.492.64$11,720
Oct 201604,56246.193.09$14,098
Sep 201604,93941.553.10$15,314
Aug 201605,35441.442.92$15,657
Jul 201604,82441.622.92$14,107
Jun 201604,56745.352.69$12,266
May 201604,62642.521.99$9,211
Apr 201604,64636.561.99$9,250
Mar 201604,66533.011.79$8,369
Feb 201604,58626.472.06$9,464
Jan 201605,19927.352.36$12,292
Dec 20151154,90432.362.00$13,536
Nov 201504,79538.792.17$10,392
Oct 201514,52243.552.43$11,017
Sep 201504,43742.992.76$12,239
Aug 201504,61240.162.87$13,248
Jul 201504,51948.152.95$13,309
Jun 201504,25956.152.88$12,278
May 201514,15455.212.96$12,332
Apr 201504,31349.822.71$11,673
Mar 20151394,09542.892.93$17,979
Feb 201535,03944.662.98$15,131
Jan 201525,64143.433.10$17,578
Dec 201426,07954.693.59$21,941
Nov 201414,43370.464.25$18,919
Oct 201426,69578.303.90$26,274
Sep 201456,24286.164.05$25,682
Aug 201406,49689.394.04$26,212
Jul 201405,41396.564.18$22,624
Jun 201416,07698.164.74$28,879
May 201416,93894.734.73$32,888
Apr 20141615,38695.944.81$41,348
Mar 201405,93895.895.06$30,027
Feb 201404,61297.406.19$28,558
Jan 201406,41490.404.86$31,177
Dec 201307,28991.824.35$31,740
Nov 201307,22288.853.74$26,998
Oct 201306,86597.423.78$25,945
Sep 201306,509104.113.72$24,199
Aug 201308104.253.52$28
Jul 201307,501102.523.72$27,887
Jun 201308,02694.403.93$31,570
May 201308,47894.834.15$35,176
Apr 201338,33593.964.28$35,977
Mar 201318,89193.623.91$34,883
Feb 201318,35791.233.42$28,671
Jan 20131789,87491.603.42$50,073
Dec 201229,26786.773.42$31,868
Nov 201237,34686.953.62$26,890
Oct 201217,81289.383.40$26,648
Sep 201296,77594.672.92$20,624
Aug 201276,42092.662.91$19,319
Jul 201268,49385.133.02$26,166
Jun 201238,68079.822.52$22,105
May 201239,18291.612.49$23,123
Apr 201225,584101.652.00$11,353
Mar 201278,412105.052.22$19,427
Feb 20121779,447101.102.57$42,176
Jan 2012211,77098.092.73$32,376
Dec 2011310,76496.873.24$35,163
Nov 2011410,87895.723.31$36,403
Oct 2011112,18284.983.65$44,531
Sep 2011310,29583.623.99$41,285
Aug 20111112,50983.404.15$52,821
Jul 20111013,30594.144.52$61,043
Jun 20111613,50892.904.64$64,162
May 2011610,80398.134.40$48,174
Apr 201139,696105.964.33$42,333
Mar 201114711,65196.364.06$61,437
Feb 2011610,63885.644.18$44,980
Jan 2011814,47086.504.59$67,092
Dec 201029,25485.734.35$40,406
Nov 20101368,82980.843.80$44,503
Oct 2010410,72378.103.51$37,938
Sep 2010311,93772.633.98$47,721
Aug 2010210,36873.684.42$45,967
Jul 201013413,97772.554.74$75,924
Jun 2010310,57370.364.91$52,129
May 2010414,14771.124.24$60,200
Apr 20109413,33881.694.12$62,667
Mar 2010512,88478.394.39$56,936
Feb 2010213,22673.585.44$72,128
Jan 20107215,86274.365.96$99,956
Dec 2009318,59371.445.48$102,174
Nov 20096516,50274.593.75$66,756
Oct 2009219,55872.544.11$80,533
Sep 20096621,06665.543.06$68,888
Aug 20097023,20767.423.22$79,411
Jul 20096922,14961.133.46$80,953
Jun 2009123,35266.163.90$91,022
May 2009020,28854.743.93$79,646
Apr 2009121,31246.773.59$76,504
Mar 20097923,33242.144.06$98,034
Feb 20096920,96832.814.63$99,409
Jan 2009025,98535.865.37$139,565
Dec 20086628,45837.105.98$172,546
Nov 20086031,07955.496.86$216,543
Oct 200810737,11775.246.92$264,974
Sep 2008224,453101.767.88$192,822
Aug 20089158,351114.228.48$505,387
Jul 20081667,394131.0811.39$769,677

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                2,672 Mcf  × $  3.05 =     $8,138

────────────────────────────────────────────────────
Month total                                   $8,138

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/245785 is the state's own key, not one this site invented.