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 262372District 05Field 064768002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
May 2011 – May 2026
Value, last 12 filed months
$21 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 Gas112012-05-23205388
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
CondensateDisposition6,154 bbl$479,536
GasProduction711,860 Mcf$2,387,803
Total$2,867,338

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 31.3746, -96.2118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37459, -96.21181 · 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
10,190 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 10,190 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-28931918510,190 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 20260323106.413.05$984
Apr 20262635698.932.87$3,594
Mar 2026040289.753.15$1,266
Feb 2026040263.503.75$1,508
Jan 2026042059.138.00$3,359
Dec 2025045756.664.41$2,017
Nov 2025032658.593.93$1,280
Oct 2025038759.383.30$1,279
Sep 2025036462.743.08$1,120
Aug 2025042863.933.01$1,290
Jul 2025032666.743.32$1,081
Jun 20252434166.483.13$2,662
May 2025039160.553.23$1,264
Apr 2025039162.363.54$1,385
Mar 2025040567.704.27$1,729
Feb 20252332470.884.34$3,037
Jan 2025032774.324.28$1,399
Dec 2024051368.993.12$1,601
Nov 2024037069.052.20$813
Oct 2024045671.372.28$1,040
Sep 2024046669.612.36$1,102
Aug 2024031975.632.06$658
Jul 2024036779.932.15$788
Jun 2024089178.082.63$2,347
May 20240578.812.20$11
Apr 20241621184.451.66$1,701
Mar 2024036480.301.55$562
Feb 2024040376.091.78$719
Jan 2024029073.023.30$956
Dec 202317625771.262.61$13,213
Nov 2023038877.892.81$1,089
Oct 2023039285.443.09$1,210
Sep 202318247789.042.74$17,510
Aug 2023055080.522.67$1,470
Jul 2023063774.852.64$1,683
Jun 2023078468.962.26$1,771
May 202316596270.622.23$13,795
Apr 202301,17478.122.24$2,627
Mar 202301,45272.852.39$3,475
Feb 202301,10975.112.47$2,734
Jan 202301,22876.533.39$4,160
Dec 20229586476.415.73$12,209
Nov 202201,25185.005.65$7,063
Oct 202201,53387.185.86$8,989
Sep 202201,12884.888.16$9,209
Aug 202201,67794.529.13$15,306
Jul 2022741,965101.587.54$22,337
Jun 202201,639115.097.98$13,075
May 202201,820109.378.43$15,348
Apr 2022741,623104.226.84$18,810
Mar 202201,993108.885.08$10,117
Feb 202202,22691.054.86$10,816
Jan 2022502,15681.844.54$13,875
Dec 202101,57571.323.90$6,141
Nov 202101,82277.435.24$9,542
Oct 2021592,45479.795.71$18,729
Sep 202101,69769.865.35$9,081
Aug 202102,16966.024.22$9,154
Jul 2021642,34370.783.98$13,860
Jun 202102,09869.493.38$7,093
May 202102,16763.483.02$6,539
Apr 2021602,18660.362.76$9,652
Mar 202102,39161.302.72$6,496
Feb 202101,65257.805.55$9,165
Jan 2021622,72650.412.81$10,786
Dec 202002,57944.642.68$6,900
Nov 2020633,05538.772.71$10,711
Oct 202002,50536.972.48$6,208
Sep 202002,39237.091.99$4,763
Aug 202002,89839.982.39$6,912
Jul 2020593,24138.371.83$8,179
Jun 2020593,20234.901.69$7,471
May 202003,30416.921.81$5,996
Apr 202002,74514.751.80$4,953
Mar 202002,47130.341.86$4,587
Feb 2020582,73849.881.98$8,316
Jan 202002,69357.252.09$5,641
Dec 2019663,05059.012.30$10,923
Nov 201902,38855.302.75$6,569
Oct 201903,12353.472.42$7,553
Sep 201903,85255.052.66$10,236
Aug 201902,83353.112.30$6,528
Jul 20190056.272.46$0
Jun 2019353,98652.782.49$11,777
May 2019371,54258.482.74$6,389
Apr 2019803,56262.632.75$14,808
Mar 2019733,32156.803.06$14,316
Feb 201903,16850.852.79$8,846
Jan 201904,00546.033.23$12,929
Dec 2018602,06846.594.19$11,451
Nov 201802,31052.934.24$9,788
Oct 201802,56161.443.40$8,702
Sep 2018232,39459.543.11$8,810
Aug 201802,59659.403.07$7,961
Jul 2018211,36265.142.93$5,361
Jun 2018272,42460.183.08$9,083
May 2018302,66165.382.90$9,680
Apr 2018283,19263.842.90$11,047
Mar 2018313,05261.222.79$10,403
Feb 201805,33561.782.77$14,757
Jan 2018226,03362.874.01$25,571
Dec 201723,48657.272.92$10,299
Nov 2017088255.423.12$2,750
Oct 2017082449.292.98$2,459
Sep 2017088347.523.09$2,726
Aug 2017080445.373.00$2,416
Jul 2017081643.873.09$2,519
Jun 201701,36142.493.09$4,202
May 201701,16045.373.26$3,786
Apr 201701,82147.933.21$5,848
Mar 201701,53946.772.98$4,592
Feb 201702,71450.452.95$8,013
Jan 201705,36749.413.42$18,349
Dec 2016153,54448.763.72$13,925
Nov 201601,16742.492.64$3,086
Oct 2016523,51646.193.09$13,267
Sep 2016091241.553.10$2,828
Aug 2016321,34741.442.92$5,265
Jul 2016352,74041.622.92$9,469
Jun 201602,13045.352.69$5,721
May 2016253,55142.521.99$8,133
Apr 2016341,60636.561.99$4,441
Mar 2016383,34533.011.79$7,255
Feb 2016383,93726.472.06$9,130
Jan 2016374,29727.352.36$11,172
Dec 2015275,23132.362.00$11,343
Nov 201502,41938.792.17$5,243
Oct 2015302,51743.552.43$7,414
Sep 2015221,80142.992.76$5,914
Aug 2015404,01640.162.87$13,142
Jul 201502,28948.152.95$6,741
Jun 2015643,15156.152.88$12,677
May 2015414,11355.212.96$14,419
Apr 2015252,56949.822.71$8,199
Mar 201503,81842.892.93$11,205
Feb 2015854,62244.662.98$17,552
Jan 2015435,80043.433.10$19,851
Dec 2014315,40954.693.59$21,121
Nov 2014375,41770.464.25$25,639
Oct 2014486,89278.303.90$30,644
Sep 2014876,34386.164.05$33,156
Aug 2014725,61989.394.04$29,109
Jul 201406,98896.564.18$29,207
Jun 2014303,84198.164.74$21,139
May 201428994.734.73$610
Apr 2014112195.944.81$678
Mar 2014325095.895.06$1,552
Feb 2014723797.406.19$2,149
Jan 2014101,22790.404.86$6,868
Dec 201301,88591.824.35$8,208
Nov 201305,77088.853.74$21,570
Oct 201306,70897.423.78$25,352
Sep 201307,800104.113.72$28,998
Aug 201307,075104.253.52$24,922
Jul 201308,068102.523.72$29,995
Jun 201307,17894.403.93$28,234
May 201308,26894.834.15$34,305
Apr 201356,47793.964.28$28,208
Mar 2013648,54993.623.91$39,443
Feb 2013448,01791.233.42$31,432
Jan 201389,07591.603.42$31,768
Dec 2012310,02686.773.42$34,551
Nov 20122910,69286.953.62$41,280
Oct 20121311,54589.383.40$40,411
Sep 20125112,25994.672.92$40,605
Aug 20122812,77192.662.91$39,735
Jul 20122713,76585.133.02$43,880
Jun 20126213,87879.822.52$39,908
May 20126715,07091.612.49$43,637
Apr 20128515,502101.652.00$39,595
Mar 201216018,262105.052.22$57,388
Feb 201217617,230101.102.57$62,079
Jan 201222920,54798.092.73$78,640
Dec 201111522,58896.873.24$84,319
Nov 20117316,99795.723.31$63,269
Oct 201123021,88884.983.65$99,405
Sep 201154018,30683.623.99$118,119
Aug 201155520,84083.404.15$132,759
Jul 201150714,85794.144.52$114,842
Jun 201113830,55392.904.64$154,582
May 20111065598.134.40$3,866

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                  323 Mcf  × $  3.05 =       $984

────────────────────────────────────────────────────
Month total                                     $984

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/262372 is the state's own key, not one this site invented.