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 256027District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Mar 2010 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
195
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 Gas112010-06-30198666
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
CondensateDisposition572 bbl$37,668
GasProduction1,448,908 Mcf$5,336,567
Total$5,374,235

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 31.3755, -96.2603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37550, -96.26034 · 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
13,890 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 13,890 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-28931775613,890 ftAug 2010

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 (195)

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

195 months

May 202601,147106.413.05$3,494
Apr 202601,32898.932.87$3,811
Mar 202601,52189.753.15$4,790
Feb 2026017163.503.75$641
Jan 202601,13559.138.00$9,078
Dec 202502,32756.664.41$10,270
Nov 202501,82058.593.93$7,146
Oct 202501,73859.383.30$5,744
Sep 202502,69362.743.08$8,286
Aug 202501,63363.933.01$4,923
Jul 202502,21766.743.32$7,350
Jun 202512,14566.483.13$6,778
May 202501,74260.553.23$5,631
Apr 202502,45762.363.54$8,705
Mar 202503,31267.704.27$14,137
Feb 202502,86270.884.34$12,423
Jan 202503,15374.324.28$13,491
Dec 202402,71068.993.12$8,459
Nov 202403,16269.052.20$6,951
Oct 202403,13171.372.28$7,143
Sep 202402,65969.612.36$6,287
Aug 202402,35975.632.06$4,868
Jul 202403,27479.932.15$7,028
Jun 202404,27578.082.63$11,260
May 20240078.812.20$0
Apr 202401,33084.451.66$2,207
Mar 202402,88980.301.55$4,464
Feb 202403,48176.091.78$6,209
Jan 202402,13773.023.30$7,047
Dec 202353,61571.262.61$9,794
Nov 202303,62477.892.81$10,175
Oct 202303,58285.443.09$11,059
Sep 202303,28689.042.74$8,987
Aug 202303,34180.522.67$8,930
Jul 202303,84774.852.64$10,163
Jun 202303,57268.962.26$8,067
May 2023102,23870.622.23$5,691
Apr 202303,22178.122.24$7,208
Mar 202303,48772.852.39$8,345
Feb 202305,10575.112.47$12,587
Jan 202302,89576.533.39$9,807
Dec 202203,11676.415.73$17,852
Nov 2022164,65885.005.65$27,660
Oct 202204,84187.185.86$28,386
Sep 202207,67084.888.16$62,615
Aug 202206,33094.529.13$57,775
Jul 202205,251101.587.54$39,603
Jun 2022153,055115.097.98$26,097
May 202203,153109.378.43$26,589
Apr 202203,368104.226.84$23,029
Mar 202203,849108.885.08$19,539
Feb 202203,66491.054.86$17,803
Jan 202203,38981.844.54$15,378
Dec 2021213,18071.323.90$13,897
Nov 202103,78077.435.24$19,795
Oct 202105,71079.795.71$32,626
Sep 202106,43769.865.35$34,444
Aug 202108,30566.024.22$35,052
Jul 202106,25970.783.98$24,924
Jun 2021245,37769.493.38$19,845
May 202105,61363.483.02$16,938
Apr 202105,47260.362.76$15,094
Mar 2021352,74961.302.72$9,614
Feb 202101,22057.805.55$6,769
Jan 202106,67850.412.81$18,767
Dec 2020011,12044.642.68$29,751
Nov 202004,20138.772.71$11,370
Oct 202004,95036.972.48$12,268
Sep 202003,31737.091.99$6,604
Aug 2020345,40239.982.39$14,244
Jul 202004,46938.371.83$8,156
Jun 202002,43934.901.69$4,123
May 202003,80716.921.81$6,909
Apr 202003,67514.751.80$6,631
Mar 2020193,04030.341.86$6,219
Feb 202004,66849.881.98$9,246
Jan 202005,04657.252.09$10,570
Dec 201903,46659.012.30$7,987
Nov 201902,98555.302.75$8,211
Oct 201903,14953.472.42$7,616
Sep 2019114,01155.052.66$11,264
Aug 201903,91653.112.30$9,024
Jul 201903,02256.272.46$7,434
Jun 2019158,95652.782.49$23,103
May 201906,67458.482.74$18,289
Apr 201909,55962.632.75$26,294
Mar 201996,48456.803.06$20,366
Feb 201984,65250.852.79$13,396
Jan 201903,79446.033.23$12,248
Dec 201855,60446.594.19$23,688
Nov 201805,88352.934.24$24,928
Oct 201805,71861.443.40$19,430
Sep 201806,58459.543.11$20,463
Aug 201804,81759.403.07$14,772
Jul 201814,29565.142.93$12,658
Jun 201804,42960.183.08$13,628
May 201807,60565.382.90$22,061
Apr 201807,18863.842.90$20,851
Mar 201808,00661.222.79$22,311
Feb 201807,29461.782.77$20,176
Jan 2018126,97562.874.01$28,719
Dec 201707,27457.272.92$21,251
Nov 201705,55855.423.12$17,332
Oct 201704,15949.292.98$12,409
Sep 201714,60447.523.09$14,261
Aug 201706,44945.373.00$19,375
Jul 201704,76143.873.09$14,699
Jun 201704,94542.493.09$15,267
May 201715,35745.373.26$17,527
Apr 201705,80947.933.21$18,656
Mar 201716,17046.772.98$18,456
Feb 201715,69550.452.95$16,866
Jan 201726,56249.413.42$22,533
Dec 201635,39048.763.72$20,212
Nov 201605,59442.492.64$14,792
Oct 201606,08346.193.09$18,798
Sep 201665,47541.553.10$17,225
Aug 201675,56341.442.92$16,558
Jul 201606,48541.622.92$18,964
Jun 201606,05545.352.69$16,263
May 2016137,06842.521.99$14,625
Apr 201676,25936.561.99$12,718
Mar 201605,89533.011.79$10,576
Feb 201675,22326.472.06$10,964
Jan 2016106,23627.352.36$15,018
Dec 201507,89132.362.00$15,793
Nov 201507,64638.792.17$16,571
Oct 201508,07643.552.43$19,597
Sep 201506,54542.992.76$18,054
Aug 201506,55940.162.87$18,841
Jul 201506,70748.152.95$19,753
Jun 201506,10056.152.88$17,585
May 201507,32555.212.96$21,649
Apr 201508,15949.822.71$22,083
Mar 201508,68842.892.93$25,497
Feb 201505,99144.662.98$17,830
Jan 201504,82943.433.10$14,973
Dec 201405,30054.693.59$19,034
Nov 201405,23770.464.25$22,267
Oct 201406,34578.303.90$24,752
Sep 201405,73186.164.05$23,184
Aug 201404,57289.394.04$18,449
Jul 201404,99996.564.18$20,894
Jun 201406,80698.164.74$32,239
May 201407,41694.734.73$35,052
Apr 201405,58395.944.81$26,849
Mar 201405,17695.895.06$26,174
Feb 201404,10997.406.19$25,443
Jan 201404,88590.404.86$23,745
Dec 201305,80091.824.35$25,256
Nov 201307,12288.853.74$26,624
Oct 201307,56597.423.78$28,591
Sep 201308,996104.113.72$33,445
Aug 201308,429104.253.52$29,692
Jul 201307,812102.523.72$29,043
Jun 201307,91694.403.93$31,137
May 201307,61794.834.15$31,604
Apr 201317,59393.964.28$32,612
Mar 201368,61393.623.91$34,263
Feb 201376,27091.233.42$22,081
Jan 201328,57991.603.42$29,523
Dec 201217,29886.773.42$25,047
Nov 201206,08586.953.62$22,058
Oct 201208,08989.383.40$27,500
Sep 201209,31594.672.92$27,185
Aug 2012011,00292.662.91$31,996
Jul 2012010,64885.133.02$32,165
Jun 201209,41079.822.52$23,704
May 2012010,05991.612.49$25,030
Apr 201209,877101.652.00$19,722
Mar 2012010,420105.052.22$23,154
Feb 2012010,209101.102.57$26,240
Jan 201207,45198.092.73$20,372
Dec 201105,79796.873.24$18,781
Nov 201107,26595.723.31$24,056
Oct 201106,47084.983.65$23,606
Sep 201107,08183.623.99$28,223
Aug 2011013,65683.404.15$56,663
Jul 2011021,73594.144.52$98,182
Jun 2011020,04892.904.64$93,020
May 201104,02598.134.40$17,729
Apr 2011116,960105.964.33$73,598
Mar 2011023,34996.364.06$94,735
Feb 2011223,01685.644.18$96,378
Jan 2011024,21186.504.59$111,099
Dec 2010926,29685.734.35$115,100
Nov 20102128,19580.843.80$108,707
Oct 2010935,05878.103.51$123,718
Sep 20104437,09072.633.98$150,794
Aug 2010632,17473.684.42$142,631
Jul 20103137,09872.554.74$177,963
Jun 20103441,96570.364.91$208,457
May 20106354,83771.124.24$236,727
Apr 20102454,88681.694.12$228,239
Mar 20101125,23278.394.39$111,597

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                1,147 Mcf  × $  3.05 =     $3,494

────────────────────────────────────────────────────
Month total                                   $3,494

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/256027 is the state's own key, not one this site invented.