HILL

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BRANTON, W. (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 266199District 05Field 11470600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Apr 2012 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
170
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1991-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: AOF-1 AND AOF-2 EFFECTIVE 05/01/2007.

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 Gas112013-03-01208815
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
CondensateDisposition84 bbl$7,930
GasProduction1,386,264 Mcf$4,593,389
Total$4,601,318

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 31.3289, -96.2438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32891, -96.24379 · 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
15,646 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 15,646 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-28931948115,646 ftNov 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 (170)

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

170 months

May 202602,845106.413.05$8,665
Apr 202602,78998.932.87$8,004
Mar 202602,85289.753.15$8,982
Feb 202601,65963.503.75$6,222
Jan 202601,46859.138.00$11,741
Dec 202501,82456.664.41$8,050
Nov 202501,79558.593.93$7,048
Oct 202502,91959.383.30$9,647
Sep 202502,46262.743.08$7,575
Aug 202502,93563.933.01$8,848
Jul 202502,41066.743.32$7,990
Jun 202502,64366.483.13$8,269
May 202502,91660.553.23$9,425
Apr 202502,69662.363.54$9,552
Mar 202502,60467.704.27$11,115
Feb 202502,01770.884.34$8,755
Jan 202501,41474.324.28$6,050
Dec 202402,08568.993.12$6,508
Nov 202402,16969.052.20$4,768
Oct 202402,24471.372.28$5,119
Sep 202402,26269.612.36$5,348
Aug 202402,50975.632.06$5,178
Jul 202402,56579.932.15$5,506
Jun 202401,24478.082.63$3,277
May 20240078.812.20$0
Apr 202401,30084.451.66$2,157
Mar 202402,88980.301.55$4,464
Feb 202402,72276.091.78$4,855
Jan 202401,73673.023.30$5,725
Dec 202302,25671.262.61$5,890
Nov 202303,27977.892.81$9,206
Oct 202303,69585.443.09$11,408
Sep 202303,63989.042.74$9,953
Aug 202303,79380.522.67$10,138
Jul 202303,70474.852.64$9,785
Jun 202303,59368.962.26$8,115
May 202303,47970.622.23$7,749
Apr 202302,65078.122.24$5,930
Mar 202303,42572.852.39$8,197
Feb 202302,71475.112.47$6,692
Jan 202303,46076.533.39$11,722
Dec 202202,94276.415.73$16,855
Nov 202203,34485.005.65$18,881
Oct 202203,00887.185.86$17,638
Sep 202203,05084.888.16$24,899
Aug 202203,36694.529.13$30,722
Jul 202203,487101.587.54$26,299
Jun 202203,854115.097.98$30,744
May 202204,213109.378.43$35,528
Apr 202204,161104.226.84$28,451
Mar 202203,123108.885.08$15,854
Feb 202203,53091.054.86$17,152
Jan 202203,91281.844.54$17,751
Dec 202103,98871.323.90$15,550
Nov 202103,94277.435.24$20,644
Oct 202104,25679.795.71$24,318
Sep 202104,08569.865.35$21,859
Aug 202103,99866.024.22$16,874
Jul 202103,74170.783.98$14,897
Jun 202104,13169.493.38$13,965
May 202105,07063.483.02$15,300
Apr 202103,93460.362.76$10,852
Mar 202104,08361.302.72$11,093
Feb 202102,94157.805.55$16,317
Jan 202104,52450.412.81$12,714
Dec 202004,92344.642.68$13,171
Nov 202005,27038.772.71$14,264
Oct 202007,12436.972.48$17,656
Sep 202005,29637.091.99$10,545
Aug 2020027739.982.39$661
Jul 202001,06138.371.83$1,936
Jun 202002,72734.901.69$4,609
May 202005,21216.921.81$9,458
Apr 202005,15714.751.80$9,305
Mar 202005,55330.341.86$10,308
Feb 202005,33249.881.98$10,561
Jan 202004,83957.252.09$10,136
Dec 201903,69459.012.30$8,512
Nov 201905,49355.302.75$15,110
Oct 201905,85653.472.42$14,163
Sep 201905,96655.052.66$15,853
Aug 201906,78553.112.30$15,635
Jul 201909,68456.272.46$23,823
Jun 2019010052.782.49$249
May 201902,29158.482.74$6,278
Apr 201906,61662.632.75$18,199
Mar 201906,60956.803.06$20,237
Feb 201906,42550.852.79$17,940
Jan 201907,29446.033.23$23,546
Dec 201807,43446.594.19$31,115
Nov 201808,25852.934.24$34,991
Oct 201805,54861.443.40$18,853
Sep 201807,75459.543.11$24,099
Aug 201807,86359.403.07$24,112
Jul 201807,15165.142.93$20,966
Jun 201808,05260.183.08$24,775
May 201807,04165.382.90$20,425
Apr 201807,85063.842.90$22,771
Mar 201808,60361.222.79$23,975
Feb 201807,66961.782.77$21,213
Jan 201809,04962.874.01$36,280
Dec 2017010,17957.272.92$29,738
Nov 201704,09655.423.12$12,773
Oct 201708,99549.292.98$26,838
Sep 201709,05247.523.09$27,946
Aug 201709,76245.373.00$29,329
Jul 201707,07843.873.09$21,852
Jun 201708,43342.493.09$26,035
May 201709,03945.373.26$29,498
Apr 201709,66347.933.21$31,034
Mar 201706,53746.772.98$19,504
Feb 201708,83750.452.95$26,092
Jan 2017010,09749.413.42$34,520
Dec 2016010,09548.763.72$37,582
Nov 201606,22342.492.64$16,456
Oct 201608,59446.193.09$26,558
Sep 201608,99241.553.10$27,881
Aug 201609,21441.442.92$26,945
Jul 201609,29241.622.92$27,173
Jun 201609,52545.352.69$25,583
May 201609,69842.521.99$19,309
Apr 201609,02636.561.99$17,971
Mar 201609,25533.011.79$16,604
Feb 201609,64326.472.06$19,900
Jan 2016010,55927.352.36$24,965
Dec 2015011,03632.362.00$22,088
Nov 2015010,37638.792.17$22,488
Oct 201509,23943.552.43$22,419
Sep 201509,73842.992.76$26,861
Aug 2015010,48040.162.87$30,104
Jul 2015010,86948.152.95$32,010
Jun 2015010,82356.152.88$31,201
May 2015011,24355.212.96$33,228
Apr 2015011,25949.822.71$30,473
Mar 2015011,24842.892.93$33,010
Feb 2015110,94944.662.98$32,631
Jan 2015013,32643.433.10$41,319
Dec 2014011,51354.693.59$41,347
Nov 2014010,57670.464.25$44,967
Oct 2014110,75478.303.90$42,029
Sep 2014111,75486.164.05$47,636
Aug 2014012,10789.394.04$48,853
Jul 2014012,49096.564.18$52,203
Jun 2014011,94398.164.74$56,573
May 2014013,31494.734.73$62,929
Apr 2014013,47295.944.81$64,788
Mar 2014012,65895.895.06$64,009
Feb 2014012,50197.406.19$77,406
Jan 2014013,86090.404.86$67,370
Dec 2013015,05291.824.35$65,544
Nov 2013014,82088.853.74$55,401
Oct 2013015,45497.423.78$58,406
Sep 2013015,472104.113.72$57,521
Aug 2013015,927104.253.52$56,105
Jul 2013016,809102.523.72$62,491
Jun 2013016,70594.403.93$65,708
May 2013118,15094.834.15$75,401
Apr 2013118,87393.964.28$80,919
Mar 2013219,98193.623.91$78,370
Feb 2013118,28891.233.42$62,635
Jan 2013122,96591.603.42$78,630
Dec 2012226,24786.773.42$89,942
Nov 2012314,36386.953.62$52,326
Oct 2012626,09589.383.40$89,251
Sep 2012428,66894.672.92$84,043
Aug 2012833,66892.662.91$98,653
Jul 2012631,60785.133.02$95,989
Jun 2012331,89079.822.52$80,572
May 2012552,07191.612.49$130,027
Apr 20123837,548101.652.00$78,839

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                2,845 Mcf  × $  3.05 =     $8,665

────────────────────────────────────────────────────
Month total                                   $8,665

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/266199 is the state's own key, not one this site invented.