RUSSELL "A"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BEAR GRASS (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262370District 05Field 064768002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
May 2011 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
181
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 271 leases and 271 wells, and the rule below applies to all of them.

Discovered
1980-03-18
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2007-09-11.

The Commission's schedule remark for this field reads: FOR 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 Gas112012-05-23205389
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
CondensateDisposition5,075 bbl$393,127
GasProduction939,644 Mcf$3,293,468
Total$3,686,595

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 31.3700, -96.2097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37002, -96.20975 · 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
10,206 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 10,206 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-289319334R10,206 ftMay 2011

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 (181)

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

181 months

May 202601,272106.413.05$3,874
Apr 2026981,39098.932.87$13,684
Mar 202601,37189.753.15$4,318
Feb 202601,13863.503.75$4,268
Jan 202601,47459.138.00$11,789
Dec 202501,35556.664.41$5,980
Nov 202501,19658.593.93$4,696
Oct 202501,30559.383.30$4,313
Sep 202501,37662.743.08$4,234
Aug 202501,77463.933.01$5,348
Jul 202501,40466.743.32$4,655
Jun 20251041,38766.483.13$11,253
May 202501,51460.553.23$4,894
Apr 202501,74362.363.54$6,176
Mar 202501,82667.704.27$7,794
Feb 20251111,60670.884.34$14,839
Jan 202501,84574.324.28$7,894
Dec 202402,13568.993.12$6,664
Nov 202401,87369.052.20$4,118
Oct 202402,34671.372.28$5,352
Sep 202402,30369.612.36$5,445
Aug 202401,52675.632.06$3,149
Jul 202401,62479.932.15$3,486
Jun 202402,30678.082.63$6,074
May 202401678.812.20$35
Apr 20241001,13784.451.66$10,332
Mar 202402,25380.301.55$3,481
Feb 202402,11476.091.78$3,771
Jan 202401,88373.023.30$6,209
Dec 202311,90771.262.61$5,050
Nov 202302,24177.892.81$6,292
Oct 202301,50285.443.09$4,637
Sep 202301,19389.042.74$3,263
Aug 202301,30280.522.67$3,480
Jul 202301,61774.852.64$4,272
Jun 202301,52168.962.26$3,435
May 202301,66270.622.23$3,702
Apr 202301,21678.122.24$2,721
Mar 202301,26772.852.39$3,032
Feb 202301,25275.112.47$3,087
Jan 202301,61776.533.39$5,478
Dec 2022075976.415.73$4,348
Nov 202201,21785.005.65$6,871
Oct 202201,59287.185.86$9,335
Sep 202201,51184.888.16$12,335
Aug 202202,03394.529.13$18,556
Jul 202212,265101.587.54$17,184
Jun 202201,785115.097.98$14,239
May 202202,106109.378.43$17,760
Apr 202221,953104.226.84$13,562
Mar 202202,236108.885.08$11,351
Feb 202202,33291.054.86$11,331
Jan 2022203,07581.844.54$15,590
Dec 202102,11571.323.90$8,247
Nov 202102,11777.435.24$11,086
Oct 2021461,78179.795.71$13,847
Sep 202101,43169.865.35$7,657
Aug 202101,71766.024.22$7,247
Jul 2021681,84570.783.98$12,160
Jun 202102,94269.493.38$9,946
May 202102,07063.483.02$6,247
Apr 2021512,17660.362.76$9,081
Mar 202102,31161.302.72$6,279
Feb 202101,84157.805.55$10,214
Jan 2021521,99350.412.81$8,222
Dec 202002,30644.642.68$6,170
Nov 2020402,27138.772.71$7,697
Oct 202002,29436.972.48$5,686
Sep 202001,21037.091.99$2,409
Aug 202001,66039.982.39$3,959
Jul 2020542,15238.371.83$6,000
Jun 2020582,71234.901.69$6,608
May 202001,75616.921.81$3,187
Apr 202002,95914.751.80$5,339
Mar 202002,81630.341.86$5,227
Feb 2020603,25649.881.98$9,442
Jan 202003,06357.252.09$6,416
Dec 2019593,48559.012.30$11,512
Nov 201902,98255.302.75$8,203
Oct 201902,73453.472.42$6,612
Sep 201902,59855.052.66$6,904
Aug 201902,76753.112.30$6,376
Jul 20190056.272.46$0
Jun 2019273,26752.782.49$9,564
May 2019442,30558.482.74$8,890
Apr 2019864,32262.632.75$17,275
Mar 2019703,69956.803.06$15,303
Feb 201903,02450.852.79$8,444
Jan 201903,95546.033.23$12,767
Dec 2018581,91646.594.19$10,722
Nov 201802,49852.934.24$10,585
Oct 201801,69261.443.40$5,750
Sep 2018241,91459.543.11$7,378
Aug 201802,27959.403.07$6,989
Jul 2018211,90865.142.93$6,962
Jun 2018222,10060.183.08$7,785
May 2018242,03965.382.90$7,484
Apr 2018232,65163.842.90$9,158
Mar 2018232,46361.222.79$8,272
Feb 201804,95661.782.77$13,709
Jan 2018354,49762.874.01$20,230
Dec 201746,27057.272.92$18,547
Nov 201703,46255.423.12$10,796
Oct 201702,34949.292.98$7,009
Sep 201702,33247.523.09$7,200
Aug 201701,92445.373.00$5,780
Jul 201701,88243.873.09$5,810
Jun 201701,89842.493.09$5,860
May 201701,75345.373.26$5,721
Apr 201702,09847.933.21$6,738
Mar 201701,45746.772.98$4,347
Feb 201701,60150.452.95$4,727
Jan 201701,53149.413.42$5,234
Dec 2016133,10148.763.72$12,178
Nov 201602,22542.492.64$5,884
Oct 2016713,09246.193.09$12,835
Sep 201602,69941.553.10$8,369
Aug 2016303,99941.442.92$12,938
Jul 2016272,80041.622.92$9,312
Jun 201601,33245.352.69$3,578
May 2016362,59342.521.99$6,693
Apr 2016333,64936.561.99$8,472
Mar 2016443,13833.011.79$7,082
Feb 2016384,89226.472.06$11,101
Jan 2016344,25727.352.36$10,995
Dec 2015284,82232.362.00$10,557
Nov 201502,48138.792.17$5,377
Oct 2015232,50143.552.43$7,071
Sep 2015333,30442.992.76$10,532
Aug 2015253,06240.162.87$9,800
Jul 201502,90048.152.95$8,541
Jun 2015482,83856.152.88$10,877
May 2015263,12155.212.96$10,659
Apr 2015273,05349.822.71$9,608
Mar 201503,61142.892.93$10,597
Feb 2015724,20144.662.98$15,718
Jan 2015385,61143.433.10$19,048
Dec 2014305,50354.693.59$21,404
Nov 2014385,31370.464.25$25,268
Oct 2014344,74078.303.90$21,153
Sep 2014724,99286.164.05$26,398
Aug 2014826,24089.394.04$32,509
Jul 201405,45696.564.18$22,804
Jun 2014475,64098.164.74$31,330
May 20141145,68994.734.73$37,689
Apr 2014535,16895.944.81$29,938
Mar 2014575,42395.895.06$32,889
Feb 20141123,58797.406.19$33,120
Jan 2014344,02390.404.86$22,628
Dec 201304,10291.824.35$17,862
Nov 201305,22688.853.74$19,536
Oct 201304,73397.423.78$17,888
Sep 201306,332104.113.72$23,541
Aug 201308,031104.253.52$28,290
Jul 201308,956102.523.72$33,296
Jun 201308,65394.403.93$34,036
May 201307,79294.834.15$32,330
Apr 201307,26393.964.28$31,104
Mar 2013739,47893.623.91$43,920
Feb 2013489,46691.233.42$36,752
Jan 201309,92291.603.42$33,932
Dec 20128610,87086.773.42$44,639
Nov 201214112,23286.953.62$56,600
Oct 20124713,98989.383.40$51,759
Sep 201218914,96694.672.92$61,569
Aug 20129916,73092.662.91$57,827
Jul 20129816,23185.133.02$57,373
Jun 201222917,51279.822.52$62,392
May 20128518,64891.612.49$54,189
Apr 20123615,928101.652.00$35,464
Mar 20126717,804105.052.22$46,600
Feb 20127617,490101.102.57$52,637
Jan 201211221,43298.092.73$69,583
Dec 201110427,09996.873.24$97,868
Nov 201119625,14895.723.31$102,033
Oct 201120735,28584.983.65$146,330
Sep 2011029,58583.623.99$117,920
Aug 2011037,67783.404.15$156,334
Jul 201113060,87594.144.52$287,225
Jun 201126958,99792.904.64$298,729
May 2011785,08198.134.40$30,035

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                1,272 Mcf  × $  3.05 =     $3,874

────────────────────────────────────────────────────
Month total                                   $3,874

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/262370 is the state's own key, not one this site invented.