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 264449District 05Field 064768002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Oct 2011 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
176
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 Gas112012-11-19207144
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
CondensateDisposition4,725 bbl$371,915
GasProduction729,073 Mcf$2,380,963
Total$2,752,878

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 31.3730, -96.2181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37298, -96.21811 · 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
10,310 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 10,310 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-28931957710,310 ftOct 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 (176)

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

176 months

May 20260243106.413.05$740
Apr 20262925498.932.87$3,598
Mar 2026029289.753.15$920
Feb 2026012763.503.75$476
Jan 2026016759.138.00$1,336
Dec 2025023056.664.41$1,015
Nov 2025055858.593.93$2,191
Oct 2025060459.383.30$1,996
Sep 2025052662.743.08$1,618
Aug 2025066763.933.01$2,011
Jul 2025059666.743.32$1,976
Jun 20251627766.483.13$1,930
May 2025052660.553.23$1,700
Apr 2025037062.363.54$1,311
Mar 2025047667.704.27$2,032
Feb 20251110570.884.34$1,235
Jan 2025013174.324.28$561
Dec 2024017568.993.12$546
Nov 2024024569.052.20$539
Oct 2024023071.372.28$525
Sep 2024015869.612.36$374
Aug 2024020475.632.06$421
Jul 2024032279.932.15$691
Jun 2024025278.082.63$664
May 20240578.812.20$11
Apr 20241614884.451.66$1,597
Mar 2024019180.301.55$295
Feb 2024018776.091.78$334
Jan 2024022673.023.30$745
Dec 2023050271.262.61$1,311
Nov 2023030577.892.81$856
Oct 2023068185.443.09$2,102
Sep 2023076789.042.74$2,098
Aug 2023060880.522.67$1,625
Jul 2023024974.852.64$658
Jun 2023080468.962.26$1,816
May 2023073270.622.23$1,630
Apr 202301,26978.122.24$2,840
Mar 202301,42072.852.39$3,398
Feb 202301,02475.112.47$2,525
Jan 2023079576.533.39$2,693
Dec 2022079076.415.73$4,526
Nov 2022078085.005.65$4,404
Oct 202201,49387.185.86$8,755
Sep 202201,28084.888.16$10,450
Aug 202201,43994.529.13$13,134
Jul 202211,286101.587.54$9,801
Jun 202201,461115.097.98$11,655
May 202201,237109.378.43$10,432
Apr 20221833104.226.84$5,800
Mar 202201,004108.885.08$5,097
Feb 2022068691.054.86$3,333
Jan 20221784981.844.54$5,244
Dec 2021054871.323.90$2,137
Nov 202101,19177.435.24$6,237
Oct 2021391,45379.795.71$11,414
Sep 202101,37469.865.35$7,352
Aug 202101,33566.024.22$5,634
Jul 2021271,23470.783.98$6,825
Jun 202101,56969.493.38$5,304
May 2021061563.483.02$1,856
Apr 20214075260.362.76$4,489
Mar 202101,55461.302.72$4,222
Feb 2021057457.805.55$3,185
Jan 2021411,80650.412.81$7,142
Dec 202001,69544.642.68$4,535
Nov 2020542,01138.772.71$7,536
Oct 202001,87836.972.48$4,654
Sep 202003,20737.091.99$6,385
Aug 202001,87739.982.39$4,477
Jul 2020422,16638.371.83$5,565
Jun 2020442,15234.901.69$5,173
May 202002,35416.921.81$4,272
Apr 202001,76914.751.80$3,192
Mar 202002,98130.341.86$5,533
Feb 2020241,80549.881.98$4,772
Jan 202001,30057.252.09$2,723
Dec 20192844859.012.30$2,685
Nov 201902,58355.302.75$7,105
Oct 201903,64653.472.42$8,818
Sep 201903,74755.052.66$9,957
Aug 201901,33553.112.30$3,076
Jul 20190056.272.46$0
Jun 2019010652.782.49$264
May 2019023758.482.74$649
Apr 201913,16362.632.75$8,763
Mar 201923,23856.803.06$10,029
Feb 201901,21050.852.79$3,379
Jan 2019082346.033.23$2,657
Dec 2018938146.594.19$2,014
Nov 2018059752.934.24$2,530
Oct 201801,27461.443.40$4,329
Sep 2018171,28059.543.11$4,990
Aug 201801,57559.403.07$4,830
Jul 2018181,32765.142.93$5,063
Jun 2018181,81260.183.08$6,659
May 2018162,01165.382.90$6,880
Apr 2018141,75463.842.90$5,982
Mar 2018111,74161.222.79$5,525
Feb 201802,27061.782.77$6,279
Jan 2018203,96862.874.01$17,166
Dec 201723,65957.272.92$10,804
Nov 201703,50355.423.12$10,924
Oct 201703,53749.292.98$10,553
Sep 201704,25547.523.09$13,136
Aug 201702,46345.373.00$7,400
Jul 201701,26743.873.09$3,912
Jun 201702,23442.493.09$6,897
May 201704,16245.373.26$13,582
Apr 201703,76247.933.21$12,082
Mar 201704,37446.772.98$13,051
Feb 201704,26250.452.95$12,584
Jan 201704,86949.413.42$16,646
Dec 2016264,36948.763.72$17,533
Nov 201605,07442.492.64$13,417
Oct 20161055,31046.193.09$21,259
Sep 201604,78041.553.10$14,821
Aug 2016463,78741.442.92$12,981
Jul 2016474,10541.622.92$13,961
Jun 201604,62745.352.69$12,427
May 2016464,30842.521.99$10,533
Apr 2016444,54536.561.99$10,658
Mar 2016434,54233.011.79$9,568
Feb 2016414,59026.472.06$10,557
Jan 2016453,91827.352.36$10,494
Dec 2015554,81532.362.00$11,417
Nov 201505,29138.792.17$11,467
Oct 2015335,45343.552.43$14,669
Sep 2015503,67642.992.76$12,289
Aug 2015383,41440.162.87$11,333
Jul 201504,00648.152.95$11,798
Jun 20151114,87656.152.88$20,289
May 2015554,95155.212.96$17,669
Apr 2015654,93549.822.71$16,595
Mar 2015135,34142.892.93$16,232
Feb 20151154,20844.662.98$17,660
Jan 2015605,12743.433.10$18,503
Dec 2014595,68354.693.59$23,636
Nov 2014648,04570.464.25$38,715
Oct 2014586,88178.303.90$31,384
Sep 20141157,61086.164.05$40,694
Aug 20141117,83189.394.04$41,521
Jul 201407,98296.564.18$33,362
Jun 2014597,37298.164.74$40,712
May 20141226,21094.734.73$40,909
Apr 2014686,56695.944.81$38,101
Mar 2014696,62495.895.06$40,113
Feb 20141645,28697.406.19$48,705
Jan 2014566,56290.404.86$36,958
Dec 201306,32591.824.35$27,542
Nov 2013159,41088.853.74$36,510
Oct 20134311,00097.423.78$45,762
Sep 20135010,219104.113.72$43,197
Aug 20133012,652104.253.52$47,696
Jul 20137913,894102.523.72$59,753
Jun 2013337,13594.403.93$31,180
May 2013279,33194.834.15$41,275
Apr 2013304,56193.964.28$22,352
Mar 2013666,45493.623.91$31,433
Feb 2013567,81991.233.42$31,849
Jan 2013468,99891.603.42$34,986
Dec 2012146,13886.773.42$22,208
Nov 20123211,94386.953.62$46,075
Oct 2012138,38089.383.40$29,651
Sep 2012438,77094.672.92$29,665
Aug 2012326,86192.662.91$22,918
Jul 20123211,60585.133.02$37,781
Jun 20128311,62579.822.52$35,909
May 20127615,58291.612.49$45,735
Apr 20128119,505101.652.00$47,181
Mar 201215922,311105.052.22$66,280
Feb 201218523,239101.102.57$78,433
Jan 201225826,85098.092.73$98,717
Dec 201132434,02296.873.24$141,608
Nov 201131453,02395.723.31$205,630
Oct 20116315,86284.983.65$63,227

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                  243 Mcf  × $  3.05 =       $740

────────────────────────────────────────────────────
Month total                                     $740

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/264449 is the state's own key, not one this site invented.