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 266197District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$325
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 Gas112013-03-01208816
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
CondensateDisposition803 bbl$61,718
GasProduction2,017,216 Mcf$6,916,560
Total$6,978,278

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 31.3820, -96.2643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38196, -96.26430 · 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
14,850 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 14,850 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-289319422314,850 ftJun 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20251058.593.93$59
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20254066.483.13$266
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202503,70274.324.28$15,840
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202401,43876.091.78$2,565
Jan 202401,40873.023.30$4,643
Dec 20236071.262.61$428
Nov 202301,01077.892.81$2,836
Oct 202305,08585.443.09$15,699
Sep 202302,78389.042.74$7,612
Aug 20230080.522.67$0
Jul 202302,78374.852.64$7,352
Jun 202301,39168.962.26$3,142
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023089876.533.39$3,042
Dec 202204,17476.415.73$23,913
Nov 2022010,48285.005.65$59,183
Oct 202205,14787.185.86$30,181
Sep 202201,65784.888.16$13,527
Aug 2022098194.529.13$8,954
Jul 202204,510101.587.54$34,015
Jun 202203,529115.097.98$28,152
May 202206,603109.378.43$55,683
Apr 202203,502104.226.84$23,945
Mar 202203,690108.885.08$18,732
Feb 202204,29891.054.86$20,883
Jan 2022057181.844.54$2,591
Dec 2021014571.323.90$565
Nov 202101,23177.435.24$6,447
Oct 202102,44279.795.71$13,953
Sep 202105,47969.865.35$29,318
Aug 202104,90766.024.22$20,710
Jul 202101,35670.783.98$5,400
Jun 202101,09669.493.38$3,705
May 202101,38163.483.02$4,167
Apr 202102,04560.362.76$5,641
Mar 202111,11461.302.72$3,088
Feb 202101,36757.805.55$7,584
Jan 202101,33250.412.81$3,743
Dec 202001,38544.642.68$3,706
Nov 202001,05338.772.71$2,850
Oct 202002,10436.972.48$5,215
Sep 202005,97037.091.99$11,887
Aug 202019,83039.982.39$23,486
Jul 202008,17038.371.83$14,911
Jun 202005,80834.901.69$9,817
May 202007,33116.921.81$13,304
Apr 202008,82414.751.80$15,922
Mar 202052,74330.341.86$5,243
Feb 202003,11949.881.98$6,178
Jan 202004,83857.252.09$10,134
Dec 201903,42759.012.30$7,897
Nov 201902,61455.302.75$7,190
Oct 201905,85453.472.42$14,158
Sep 201983,73155.052.66$10,355
Aug 201904,42753.112.30$10,201
Jul 201905,95756.272.46$14,655
Jun 201996,53152.782.49$16,745
May 201904,31158.482.74$11,814
Apr 2019011,14962.632.75$30,668
Mar 20191619,47556.803.06$60,543
Feb 20191219,85950.852.79$56,061
Jan 201909,25946.033.23$29,890
Dec 2018622,79646.594.19$95,691
Nov 2018011,00552.934.24$46,631
Oct 2018018,28661.443.40$62,137
Sep 2018023,91759.543.11$74,334
Aug 2018022,47759.403.07$68,927
Jul 2018123,42065.142.93$68,730
Jun 2018031,91160.183.08$98,188
May 201807,89665.382.90$22,905
Apr 2018013,39263.842.90$38,848
Mar 2018110,07761.222.79$28,144
Feb 201807,32961.782.77$20,273
Jan 2018128,74162.874.01$35,800
Dec 2017011,09457.272.92$32,411
Nov 2017010,46855.423.12$32,643
Oct 2017010,94949.292.98$32,668
Sep 2017210,05247.523.09$31,128
Aug 201709,90245.373.00$29,750
Jul 201706,93743.873.09$21,416
Jun 201709,98942.493.09$30,839
May 201727,00545.373.26$22,951
Apr 201705,54447.933.21$17,805
Mar 2017311,82946.772.98$35,434
Feb 2017312,37250.452.95$36,681
Jan 2017414,37149.413.42$49,329
Dec 2016512,16648.763.72$45,536
Nov 2016012,57342.492.64$33,247
Oct 2016012,65146.193.09$39,095
Sep 20161211,51641.553.10$36,205
Aug 20161211,09441.442.92$32,940
Jul 2016012,14641.622.92$35,519
Jun 2016012,02845.352.69$32,305
May 20162812,67642.521.99$26,429
Apr 20161412,78436.561.99$25,965
Mar 2016014,13233.011.79$25,353
Feb 20161915,29626.472.06$32,068
Jan 2016129,39227.352.36$22,534
Dec 2015015,54532.362.00$31,112
Nov 2015015,65638.792.17$33,932
Oct 2015019,38043.552.43$47,027
Sep 2015016,29142.992.76$44,937
Aug 2015018,10940.162.87$52,018
Jul 2015017,57448.152.95$51,757
Jun 2015018,24956.152.88$52,609
May 2015019,70655.212.96$58,240
Apr 2015022,48849.822.71$60,865
Mar 2015022,14042.892.93$64,974
Feb 2015021,28244.662.98$63,339
Jan 2015020,24143.433.10$62,760
Dec 2014022,03254.693.59$79,125
Nov 2014021,50970.464.25$91,453
Oct 2014022,86478.303.90$89,192
Sep 2014022,75786.164.05$92,062
Aug 2014026,96789.394.04$108,815
Jul 2014027,31496.564.18$114,162
Jun 2014025,33798.164.74$120,018
May 2014022,09394.734.73$104,424
Apr 2014021,90095.944.81$105,320
Mar 2014023,56795.895.06$119,174
Feb 2014022,43797.406.19$138,930
Jan 2014026,73890.404.86$129,966
Dec 2013026,36891.824.35$114,819
Nov 2013027,88888.853.74$104,253
Oct 2013032,18297.423.78$121,627
Sep 2013028,326104.113.72$105,309
Aug 2013033,132104.253.52$116,711
Jul 2013033,488102.523.72$124,500
Jun 2013035,75694.403.93$140,643
May 2013237,52794.834.15$155,892
Apr 2013437,83293.964.28$162,395
Mar 20133732,49593.623.91$130,613
Feb 20134538,25591.233.42$134,934
Jan 2013838,94591.603.42$133,921
Dec 2012851,47686.773.42$176,750
Nov 20122450,78286.953.62$186,170
Oct 2012038,26589.383.40$130,089
Sep 20123542,64394.672.92$127,763
Aug 201210058,55592.662.91$179,553
Jul 201216679,35185.133.02$253,835
Jun 201214628,35879.822.52$83,089
May 20122916,58891.612.49$43,933
Apr 201200101.652.00$0
Mar 2012015,309105.052.22$34,018

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.

Nov 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 58.59 =        $59
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/266197 is the state's own key, not one this site invented.