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 251417District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
May 2009 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
205
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 Gas112009-10-22195290
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
CondensateDisposition1,796 bbl$128,329
GasProduction2,617,882 Mcf$9,893,566
Total$10,021,894

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 31.3778, -96.2576. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37780, -96.25757 · 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
15,020 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 15,020 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-289317722215,020 ftMay 2009

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 (205)

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

205 months

May 202613,818106.413.05$11,735
Apr 202614,83098.932.87$13,960
Mar 202604,13089.753.15$13,007
Feb 202612,21063.503.75$8,352
Jan 202645,46859.138.00$43,969
Dec 202518,49256.664.41$37,535
Nov 2025357,88058.593.93$32,991
Oct 202506,37659.383.30$21,072
Sep 202507,87662.743.08$24,234
Aug 202503,17763.933.01$9,578
Jul 202503,07866.743.32$10,204
Jun 2025424,18866.483.13$15,895
May 202505,08260.553.23$16,427
Apr 202507,15962.363.54$25,365
Mar 202517,66267.704.27$32,772
Feb 202516,30470.884.34$27,436
Jan 202506,76374.324.28$28,937
Dec 202401,23668.993.12$3,858
Nov 202402,65969.052.20$5,846
Oct 202402,20871.372.28$5,037
Sep 202401,84569.612.36$4,362
Aug 202404,74375.632.06$9,788
Jul 202407,02679.932.15$15,082
Jun 202406,89078.082.63$18,148
May 20240078.812.20$0
Apr 202401,67484.451.66$2,778
Mar 202405,51080.301.55$8,514
Feb 202405,35576.091.78$9,551
Jan 202404,23173.023.30$13,952
Dec 2023107,28471.262.61$19,729
Nov 202306,58777.892.81$18,493
Oct 202306,46085.443.09$19,944
Sep 202305,27489.042.74$14,425
Aug 202306,43580.522.67$17,200
Jul 202304,88174.852.64$12,895
Jun 202307,15368.962.26$16,155
May 202371,78470.622.23$4,468
Apr 202302,48078.122.24$5,550
Mar 202303,30172.852.39$7,900
Feb 202305,67575.112.47$13,993
Jan 202303,58876.533.39$12,155
Dec 202207,81476.415.73$44,767
Nov 20221111,07685.005.65$63,472
Oct 202206,07487.185.86$35,616
Sep 2022010,45084.888.16$85,310
Aug 2022010,21794.529.13$93,252
Jul 202205,757101.587.54$43,420
Jun 2022113,324115.097.98$27,782
May 202204,557109.378.43$38,429
Apr 202203,641104.226.84$24,896
Mar 202204,306108.885.08$21,859
Feb 202203,92891.054.86$19,086
Jan 202205,49781.844.54$24,944
Dec 202188,45071.323.90$33,518
Nov 2021010,81977.435.24$56,657
Oct 202101,69679.795.71$9,691
Sep 202102,74969.865.35$14,710
Aug 202101,77166.024.22$7,475
Jul 202105,46270.783.98$21,750
Jun 202176,52769.493.38$22,552
May 202104,43163.483.02$13,371
Apr 202105,06860.362.76$13,980
Mar 20211219161.302.72$1,255
Feb 202103,31457.805.55$18,386
Jan 202108,77450.412.81$24,657
Dec 202004,08744.642.68$10,935
Nov 202007,99838.772.71$21,647
Oct 202007,18836.972.48$17,815
Sep 202005,71837.091.99$11,385
Aug 202096,84139.982.39$16,676
Jul 202004,96738.371.83$9,065
Jun 202002,17334.901.69$3,673
May 202001,21016.921.81$2,196
Apr 202001,63714.751.80$2,954
Mar 2020132,73530.341.86$5,471
Feb 202002,02949.881.98$4,019
Jan 202004,75357.252.09$9,956
Dec 201905,43659.012.30$12,527
Nov 201906,30755.302.75$17,349
Oct 201907,11153.472.42$17,198
Sep 2019117,02755.052.66$19,278
Aug 201908,60453.112.30$19,827
Jul 201909,86956.272.46$24,278
Jun 201994,81952.782.49$12,480
May 201906,65958.482.74$18,248
Apr 201908,79562.632.75$24,192
Mar 2019165,69656.803.06$18,351
Feb 2019226,72750.852.79$19,902
Jan 201906,88346.033.23$22,220
Dec 2018396,86246.594.19$30,538
Nov 201807,61152.934.24$32,250
Oct 201806,35561.443.40$21,595
Sep 201805,14159.543.11$15,978
Aug 2018385,79359.403.07$20,022
Jul 2018825,25665.142.93$20,751
Jun 2018817,58360.183.08$28,207
May 201807,87165.382.90$22,832
Apr 2018010,08263.842.90$29,246
Mar 2018468,45061.222.79$26,365
Feb 201808,23761.782.77$22,785
Jan 2018137,97062.874.01$32,772
Dec 2017013,49857.272.92$39,435
Nov 2017016,77555.423.12$52,310
Oct 201701,05649.292.98$3,151
Sep 201711,33447.523.09$4,166
Aug 201704,14645.373.00$12,456
Jul 201702,38543.873.09$7,363
Jun 201707,28242.493.09$22,482
May 2017113,26545.373.26$43,334
Apr 201705,76147.933.21$18,502
Mar 201716,19746.772.98$18,537
Feb 201727,02450.452.95$20,840
Jan 201727,91949.413.42$27,172
Dec 201639,25548.763.72$34,601
Nov 2016011,18042.492.64$29,564
Oct 2016016,06646.193.09$49,648
Sep 20162725,78841.553.10$81,081
Aug 201675,20641.442.92$15,514
Jul 201605,71441.622.92$16,710
Jun 201607,19645.352.69$19,327
May 2016157,35042.521.99$15,272
Apr 201686,73836.561.99$13,708
Mar 201606,75833.011.79$12,124
Feb 2016108,96726.472.06$18,769
Jan 20161513,17327.352.36$31,556
Dec 2015011,69532.362.00$23,406
Nov 201509,39038.792.17$20,351
Oct 2015010,98943.552.43$26,666
Sep 2015011,20542.992.76$30,908
Aug 2015010,41340.162.87$29,911
Jul 2015010,27048.152.95$30,246
Jun 2015010,25256.152.88$29,555
May 2015010,57855.212.96$31,263
Apr 2015010,35849.822.71$28,035
Mar 2015010,14442.892.93$29,770
Feb 201509,65644.662.98$28,738
Jan 201508,75243.433.10$27,137
Dec 2014010,21254.693.59$36,675
Nov 2014010,99270.464.25$46,736
Oct 2014011,36378.303.90$44,327
Sep 2014011,33986.164.05$45,871
Aug 201409,80589.394.04$39,564
Jul 201409,90496.564.18$41,395
Jun 201409,71898.164.74$46,033
May 201409,64894.734.73$45,602
Apr 201409,83195.944.81$47,278
Mar 201409,58095.895.06$48,444
Feb 201408,74097.406.19$54,118
Jan 2014010,58290.404.86$51,436
Dec 2013010,39091.824.35$45,243
Nov 2013011,60088.853.74$43,364
Oct 2013014,60797.423.78$55,205
Sep 2013016,797104.113.72$62,447
Aug 2013018,365104.253.52$64,693
Jul 2013020,064102.523.72$74,593
Jun 2013017,13994.403.93$67,415
May 2013112,40094.834.15$51,543
Apr 201347,53693.964.28$32,649
Mar 20132914,81193.623.91$60,669
Feb 201315910,35791.233.42$49,926
Jan 201329,84991.603.42$33,866
Dec 2012316,36186.773.42$56,218
Nov 201219916,48886.953.62$77,071
Oct 20122418,53489.383.40$65,155
Sep 2012021,46594.672.92$62,643
Aug 201207,14892.662.91$20,788
Jul 2012012,84985.133.02$38,814
Jun 2012018,98979.822.52$47,834
May 2012020,95691.612.49$52,145
Apr 2012023,938101.652.00$47,799
Mar 2012010,645105.052.22$23,654
Feb 2012017,691101.102.57$45,470
Jan 2012020,33198.092.73$55,587
Dec 2011023,40396.873.24$75,820
Nov 2011020,63495.723.31$68,325
Oct 2011024,44184.983.65$89,174
Sep 2011020,37383.623.99$81,203
Aug 2011024,32583.404.15$100,932
Jul 2011019,05694.144.52$86,081
Jun 2011017,58792.904.64$81,602
May 2011018,91998.134.40$83,335
Apr 2011122,437105.964.33$97,332
Mar 2011021,03596.364.06$85,346
Feb 2011222,83285.644.18$95,609
Jan 2011020,89186.504.59$95,864
Dec 2010821,58385.734.35$94,523
Nov 20102127,04080.843.80$104,323
Oct 2010831,72178.103.51$111,930
Sep 20105643,55072.633.98$177,373
Aug 2010845,27873.684.42$200,689
Jul 20103544,21972.554.74$211,982
Jun 20102940,77270.364.91$202,247
May 20104440,21471.124.24$173,444
Apr 20105242,51381.694.12$179,516
Mar 20108753,72078.394.39$242,579
Feb 20101045,61173.585.44$248,967
Jan 20108957,72474.365.96$350,889
Dec 20096362,84471.445.48$349,122
Nov 20096044,86874.593.75$172,798
Oct 20092953,27972.544.11$221,094
Sep 2009756,56365.543.06$173,810
Aug 20095940,96467.423.22$135,820
Jul 20097366,43161.133.46$234,613
Jun 20091088,80666.163.90$346,561
May 2009072,34554.743.93$284,008

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             1 bbl  × $106.41 =       $106
Gas                3,818 Mcf  × $  3.05 =    $11,629

────────────────────────────────────────────────────
Month total                                  $11,735

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/251417 is the state's own key, not one this site invented.