DUNLAP "A"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BURLESON HILL, E. (BOSSIER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254730District 05Field 136212002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Mar 2009 – May 2026
Value, last 12 filed months
$247 k
at the published price for each month
Months reported
207
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1980-04-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 7-1-93

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 Gas112010-03-10197542
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
CondensateDisposition112 bbl$8,766
GasProduction2,200,506 Mcf$8,070,626
Total$8,079,393

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 31.5931, -96.0220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59305, -96.02198 · 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
15,078 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 15,078 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-16134281115,078 ftMar 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 (207)

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

207 months

May 202603,064106.413.05$9,332
Apr 202602,47298.932.87$7,094
Mar 202603,29589.753.15$10,377
Feb 202603,11863.503.75$11,694
Jan 202606,97659.138.00$55,793
Dec 202505,47756.664.41$24,172
Nov 202506,24058.593.93$24,501
Oct 202506,15659.383.30$20,345
Sep 202506,14362.743.08$18,902
Aug 202506,49663.933.01$19,584
Jul 202506,81866.743.32$22,603
Jun 202507,12166.483.13$22,280
May 202507,33860.553.23$23,719
Apr 202507,27962.363.54$25,790
Mar 202509,10167.704.27$38,846
Feb 202502,39270.884.34$10,383
Jan 20250074.324.28$0
Dec 2024093568.993.12$2,918
Nov 202403,77469.052.20$8,297
Oct 202406,80271.372.28$15,518
Sep 202404,30869.612.36$10,186
Aug 202406,33275.632.06$13,067
Jul 202405,26279.932.15$11,295
Jun 202406,98378.082.63$18,393
May 20240078.812.20$0
Apr 202403,54384.451.66$5,879
Mar 202404,45880.301.55$6,888
Feb 202405,62876.091.78$10,038
Jan 202405,34773.023.30$17,633
Dec 202306,77271.262.61$17,680
Nov 202305,70477.892.81$16,014
Oct 202304,05685.443.09$12,522
Sep 202305,75989.042.74$15,751
Aug 202304,36080.522.67$11,654
Jul 202305,36274.852.64$14,165
Jun 202305,74968.962.26$12,984
May 202305,34670.622.23$11,908
Apr 202305,17678.122.24$11,583
Mar 202306,04172.852.39$14,457
Feb 202305,75575.112.47$14,190
Jan 202306,09876.533.39$20,658
Dec 202205,35776.415.73$30,691
Nov 202206,01085.005.65$33,934
Oct 202206,08287.185.86$35,663
Sep 202206,32584.888.16$51,635
Aug 202205,99994.529.13$54,754
Jul 202206,236101.587.54$47,032
Jun 202206,188115.097.98$49,363
May 202206,706109.378.43$56,552
Apr 202206,114104.226.84$41,805
Mar 202206,593108.885.08$33,469
Feb 202205,07491.054.86$24,654
Jan 202207,80981.844.54$35,435
Dec 202107,08171.323.90$27,610
Nov 202107,08977.435.24$37,124
Oct 202107,89179.795.71$45,088
Sep 202106,27869.865.35$33,593
Aug 202107,73666.024.22$32,650
Jul 202107,76670.783.98$30,925
Jun 202108,55169.493.38$28,908
May 2021010,13563.483.02$30,584
Apr 202102,07360.362.76$5,718
Mar 202106,93661.302.72$18,845
Feb 202104,94557.805.55$27,435
Jan 202107,10250.412.81$19,959
Dec 202007,11644.642.68$19,039
Nov 202006,57538.772.71$17,796
Oct 202006,74636.972.48$16,719
Sep 202006,61637.091.99$13,173
Aug 202006,89039.982.39$16,433
Jul 202006,71938.371.83$12,263
Jun 202006,64534.901.69$11,232
May 202007,55916.921.81$13,718
Apr 202007,79814.751.80$14,071
Mar 202005,14130.341.86$9,543
Feb 202007,46149.881.98$14,778
Jan 202008,70957.252.09$18,243
Dec 201908,90859.012.30$20,527
Nov 201907,31855.302.75$20,130
Oct 201908,49053.472.42$20,533
Sep 201908,04455.052.66$21,375
Aug 201908,47053.112.30$19,518
Jul 201908,44356.272.46$20,770
Jun 201908,40952.782.49$20,949
May 201909,94458.482.74$27,250
Apr 201904,87662.632.75$13,412
Mar 2019010,22156.803.06$31,298
Feb 2019010,01350.852.79$27,959
Jan 2019010,06946.033.23$32,505
Dec 201809,61546.594.19$40,243
Nov 2018010,96752.934.24$46,470
Oct 2018010,85361.443.40$36,879
Sep 201804,59759.543.11$14,287
Aug 201804,15059.403.07$12,726
Jul 201807,12265.142.93$20,881
Jun 201805,53160.183.08$17,018
May 201806,83865.382.90$19,836
Apr 201807,20363.842.90$20,894
Mar 201807,95761.222.79$22,175
Feb 201806,53461.782.77$18,074
Jan 201809,31462.874.01$37,343
Dec 201707,89157.272.92$23,054
Nov 2017013,65555.423.12$42,581
Oct 201704,16249.292.98$12,418
Sep 20170047.523.09$0
Aug 201703,37145.373.00$10,128
Jul 201709,03543.873.09$27,894
Jun 201708,67542.493.09$26,782
May 201708,88845.373.26$29,005
Apr 201707,84447.933.21$25,192
Mar 201709,46246.772.98$28,232
Feb 201708,67950.452.95$25,626
Jan 201709,68949.413.42$33,125
Dec 201609,47748.763.72$35,281
Nov 201628,97342.492.64$23,813
Oct 201619,40946.193.09$29,122
Sep 201619,96241.553.10$30,930
Aug 2016010,23341.442.92$29,925
Jul 201608,41641.622.92$24,611
Jun 201608,84445.352.69$23,753
May 201609,28942.521.99$18,495
Apr 201609,29836.561.99$18,513
Mar 201609,51233.011.79$17,065
Feb 201609,60826.472.06$19,827
Jan 2016010,21627.352.36$24,154
Dec 2015010,20932.362.00$20,432
Nov 201509,46738.792.17$20,518
Oct 2015010,01043.552.43$24,290
Sep 2015110,23542.992.76$28,275
Aug 2015010,51540.162.87$30,204
Jul 2015110,67248.152.95$31,478
Jun 2015010,61456.152.88$30,599
May 2015011,54355.212.96$34,115
Apr 2015012,47349.822.71$33,759
Mar 201516,77242.892.93$19,917
Feb 201505,17444.662.98$15,399
Jan 2015012,49443.433.10$38,739
Dec 2014013,63354.693.59$48,961
Nov 2014012,93570.464.25$54,998
Oct 2014013,34478.303.90$52,054
Sep 2014012,71686.164.05$51,442
Aug 2014012,62989.394.04$50,960
Jul 2014012,48596.564.18$52,182
Jun 2014012,86798.164.74$60,949
May 2014013,96594.734.73$66,006
Apr 2014014,01295.944.81$67,385
Mar 2014014,30795.895.06$72,348
Feb 2014013,77597.406.19$85,295
Jan 2014012,20690.404.86$59,330
Dec 2013011,30191.824.35$49,210
Nov 2013012,00088.853.74$44,859
Oct 2013014,27197.423.78$53,935
Sep 2013014,616104.113.72$54,338
Aug 2013112,091104.253.52$42,696
Jul 2013013,745102.523.72$51,100
Jun 2013115,58494.403.93$61,393
May 2013015,79494.834.15$65,531
Apr 2013116,07393.964.28$68,928
Mar 2013117,67693.623.91$69,258
Feb 201309,74791.233.42$33,334
Jan 2013114,53191.603.42$49,786
Dec 2012114,89886.773.42$51,040
Nov 2012118,91986.953.62$68,668
Oct 201208,69089.383.40$29,543
Sep 2012013,23694.672.92$38,628
Aug 2012415,92492.662.91$46,680
Jul 2012214,86785.133.02$45,080
Jun 2012016,17479.822.52$40,743
May 2012117,04991.612.49$42,515
Apr 2012116,830101.652.00$33,708
Mar 2012117,806105.052.22$39,671
Feb 2012218,993101.102.57$49,019
Jan 2012012,49498.092.73$34,160
Dec 2011018,95996.873.24$61,422
Nov 2011220,45795.723.31$67,930
Oct 201109,25984.983.65$33,782
Sep 2011016,09483.623.99$64,147
Aug 2011419,82983.404.15$82,610
Jul 2011020,60994.144.52$93,096
Jun 2011721,28792.904.64$99,419
May 2011412,51498.134.40$55,514
Apr 2011121,134105.964.33$91,686
Mar 2011518,35196.364.06$74,938
Feb 2011210,65585.644.18$44,709
Jan 2011221,05986.504.59$96,808
Dec 2010321,60785.734.35$94,199
Nov 2010120,76080.843.80$78,872
Oct 2010322,28178.103.51$78,416
Sep 2010421,37672.633.98$85,356
Aug 2010222,59373.684.42$99,994
Jul 2010425,37172.554.74$120,460
Jun 2010326,49570.364.91$130,312
May 2010327,16771.124.24$115,272
Apr 2010230,19781.694.12$124,656
Mar 2010031,16078.394.39$136,751
Feb 2010015,91373.585.44$86,604
Jan 2010030,31774.365.96$180,813
Dec 2009035,20171.445.48$193,033
Nov 2009041,70174.593.75$156,441
Oct 20091535,44572.544.11$146,776
Sep 2009913,59865.543.06$42,264
Aug 2009917,81267.423.22$57,935
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009246,88146.773.59$168,279
Mar 2009022,50242.144.06$91,336

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                3,064 Mcf  × $  3.05 =     $9,332

────────────────────────────────────────────────────
Month total                                   $9,332

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/254730 is the state's own key, not one this site invented.