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 266182District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
171
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 Gas112013-03-01208817
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
CondensateDisposition986 bbl$79,667
GasProduction1,756,529 Mcf$5,909,553
Total$5,989,220

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 31.3874, -96.2677. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38735, -96.26774 · 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
14,750 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 14,750 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-289319492414,750 ftJul 2012

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 (171)

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

171 months

May 202605,911106.413.05$18,004
Apr 202604,59498.932.87$13,183
Mar 202601,73089.753.15$5,449
Feb 202601,65163.503.75$6,192
Jan 202604,82759.138.00$38,606
Dec 202502,20356.664.41$9,723
Nov 202505,70458.593.93$22,396
Oct 202503,79759.383.30$12,548
Sep 202502,83462.743.08$8,720
Aug 202505,68063.933.01$17,124
Jul 202502,13366.743.32$7,071
Jun 202502,47866.483.13$7,753
May 202501,52660.553.23$4,933
Apr 202501,62862.363.54$5,768
Mar 202502,17667.704.27$9,288
Feb 202501,29070.884.34$5,600
Jan 202501,72174.324.28$7,364
Dec 202402,31668.993.12$7,229
Nov 202402,90069.052.20$6,375
Oct 202401,18871.372.28$2,710
Sep 202401,12869.612.36$2,667
Aug 202401,92575.632.06$3,972
Jul 202401,89079.932.15$4,057
Jun 202402,41578.082.63$6,361
May 20240078.812.20$0
Apr 202401,07984.451.66$1,790
Mar 202402,25780.301.55$3,487
Feb 202402,93576.091.78$5,235
Jan 202403,13773.023.30$10,345
Dec 202321,32671.262.61$3,604
Nov 202301,54177.892.81$4,326
Oct 202302,70185.443.09$8,339
Sep 202303,78789.042.74$10,358
Aug 202305,24780.522.67$14,025
Jul 202302,95574.852.64$7,807
Jun 202301,80868.962.26$4,083
May 202332,16770.622.23$5,039
Apr 202302,64278.122.24$5,912
Mar 202303,96572.852.39$9,489
Feb 202303,68575.112.47$9,086
Jan 202301,41076.533.39$4,777
Dec 202202,50376.415.73$14,340
Nov 2022586485.005.65$5,303
Oct 202201,64987.185.86$9,669
Sep 202201,93584.888.16$15,797
Aug 202202,06294.529.13$18,820
Jul 202201,083101.587.54$8,168
Jun 20225787115.097.98$6,854
May 202201,146109.378.43$9,664
Apr 20220663104.226.84$4,533
Mar 202201,788108.885.08$9,077
Feb 202201,08791.054.86$5,282
Jan 202203,11581.844.54$14,135
Dec 202171,56971.323.90$6,617
Nov 202102,21777.435.24$11,610
Oct 202101,28379.795.71$7,331
Sep 2021038169.865.35$2,039
Aug 2021060066.024.22$2,532
Jul 202102,08870.783.98$8,315
Jun 202171,14869.493.38$4,367
May 202101,05063.483.02$3,169
Apr 202101,24860.362.76$3,443
Mar 202141,28961.302.72$3,747
Feb 2021072257.805.55$4,006
Jan 202101,98150.412.81$5,567
Dec 202001,16644.642.68$3,120
Nov 2020056738.772.71$1,535
Oct 202001,54036.972.48$3,817
Sep 202001,46837.091.99$2,923
Aug 202021,31539.982.39$3,216
Jul 2020072638.371.83$1,325
Jun 2020050334.901.69$850
May 2020047816.921.81$867
Apr 202001,28814.751.80$2,324
Mar 20203030.341.86$91
Feb 20200049.881.98$0
Jan 202001,00157.252.09$2,097
Dec 201901,02159.012.30$2,353
Nov 201901,82055.302.75$5,006
Oct 201909,28553.472.42$22,456
Sep 201932,97955.052.66$8,081
Aug 2019045953.112.30$1,058
Jul 201907,22256.272.46$17,767
Jun 201949,04652.782.49$22,747
May 201904,64758.482.74$12,734
Apr 201906,88662.632.75$18,941
Mar 201947,12656.803.06$22,048
Feb 201937,13450.852.79$20,072
Jan 201908,42946.033.23$27,210
Dec 201827,18246.594.19$30,153
Nov 201807,74452.934.24$32,813
Oct 201808,00061.443.40$27,185
Sep 201806,70159.543.11$20,827
Aug 201805,21359.403.07$15,986
Jul 201815,23965.142.93$15,425
Jun 201816,48860.183.08$20,023
May 201807,22365.382.90$20,952
Apr 201808,51463.842.90$24,697
Mar 201817,10561.222.79$19,862
Feb 201807,27761.782.77$20,129
Jan 20181810,37662.874.01$42,732
Dec 2017010,53757.272.92$30,784
Nov 2017012,42155.423.12$38,733
Oct 2017011,09549.292.98$33,104
Sep 201722647.523.09$175
Aug 201702,86545.373.00$8,608
Jul 201708,62843.873.09$26,637
Jun 201709,15242.493.09$28,255
May 2017310,33445.373.26$33,860
Apr 2017012,53347.933.21$40,251
Mar 2017413,59546.772.98$40,750
Feb 201748,67750.452.95$25,822
Jan 201754,75649.413.42$16,507
Dec 2016713,15848.763.72$49,326
Nov 2016011,09442.492.64$29,336
Oct 2016015,22046.193.09$47,034
Sep 20162016,67041.553.10$52,519
Aug 20162218,41141.442.92$54,752
Jul 2016017,68641.622.92$51,720
Jun 2016017,49145.352.69$46,978
May 20163317,99542.521.99$37,232
Apr 20161718,27736.561.99$37,012
Mar 2016018,82433.011.79$33,770
Feb 20162222,76626.472.06$47,563
Jan 201676,62127.352.36$15,846
Dec 201509,66432.362.00$19,342
Nov 2015019,11638.792.17$41,431
Oct 2015019,79943.552.43$48,044
Sep 2015019,22342.992.76$53,025
Aug 2015019,92940.162.87$57,246
Jul 2015019,18248.152.95$56,493
Jun 2015021,53256.152.88$62,074
May 2015025,22455.212.96$74,548
Apr 2015021,67949.822.71$58,676
Mar 2015019,69342.892.93$57,793
Feb 2015020,03644.662.98$59,631
Jan 2015018,60743.433.10$57,693
Dec 2014022,72354.693.59$81,606
Nov 2014020,81470.464.25$88,498
Oct 2014021,41778.303.90$83,547
Sep 2014021,85286.164.05$88,401
Aug 2014019,51289.394.04$78,733
Jul 2014020,35296.564.18$85,063
Jun 2014019,55398.164.74$92,620
May 2014019,68994.734.73$93,061
Apr 2014021,32795.944.81$102,564
Mar 2014025,64695.895.06$129,687
Feb 201403,97097.406.19$24,582
Jan 2014014390.404.86$695
Dec 2013026,59691.824.35$115,812
Nov 2013025,05488.853.74$93,659
Oct 2013028,28297.423.78$106,888
Sep 2013029,327104.113.72$109,030
Aug 2013030,615104.253.52$107,845
Jul 2013030,538102.523.72$113,532
Jun 2013034,48094.403.93$135,624
May 2013137,38794.834.15$155,216
Apr 20131039,99493.964.28$172,218
Mar 20131738,85393.623.91$153,618
Feb 20134214,80491.233.42$54,460
Jan 2013944,84791.603.42$154,197
Dec 2012745,05986.773.42$154,716
Nov 201216356,38286.953.62$218,555
Oct 2012021,28189.383.40$72,349
Sep 201215750,30194.672.92$161,662
Aug 201220071,29392.662.91$225,863
Jul 201215976,20985.133.02$243,748
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0

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                5,911 Mcf  × $  3.05 =    $18,004

────────────────────────────────────────────────────
Month total                                  $18,004

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/266182 is the state's own key, not one this site invented.