HUFFMAN "B"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266547District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Oct 2012 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
164
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112013-03-21209263
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
CondensateDisposition784 bbl$56,776
GasProduction1,146,959 Mcf$4,032,428
Total$4,089,204

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 31.4795, -96.2596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47947, -96.25956 · 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
12,585 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 12,585 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-161348332312,585 ftOct 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 (164)

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

164 months

May 202601,260106.413.05$3,838
Apr 202601,83698.932.87$5,269
Mar 2026012989.753.15$406
Feb 2026017163.503.75$641
Jan 202602,14859.138.00$17,180
Dec 202503,64956.664.41$16,104
Nov 2025264,46758.593.93$19,063
Oct 202501,59459.383.30$5,268
Sep 202501,97762.743.08$6,083
Aug 202501,59563.933.01$4,809
Jul 202501,25766.743.32$4,167
Jun 202503,34066.483.13$10,450
May 202505,86960.553.23$18,970
Apr 202504,87062.363.54$17,255
Mar 2025274,28567.704.27$20,118
Feb 2025030270.884.34$1,311
Jan 202503,01074.324.28$12,879
Dec 202403,87068.993.12$12,080
Nov 202401,89869.052.20$4,173
Oct 2024040971.372.28$933
Sep 202402,86969.612.36$6,783
Aug 202406,65875.632.06$13,740
Jul 202407,71079.932.15$16,550
Jun 202401,83378.082.63$4,828
May 2024012178.812.20$266
Apr 20240084.451.66$0
Mar 20241439480.301.55$1,733
Feb 2024040576.091.78$722
Jan 2024087773.023.30$2,892
Dec 2023047671.262.61$1,243
Nov 202301,51277.892.81$4,245
Oct 202302,73285.443.09$8,434
Sep 2023192,32289.042.74$8,043
Aug 202301,93980.522.67$5,183
Jul 202303,11074.852.64$8,216
Jun 202302,33168.962.26$5,265
May 202304,60970.622.23$10,266
Apr 202304,13578.122.24$9,253
Mar 2023134,82972.852.39$12,504
Feb 202301,70975.112.47$4,214
Jan 2023078176.533.39$2,646
Dec 202201,81676.415.73$10,404
Nov 202204,74085.005.65$26,763
Oct 202202,37187.185.86$13,903
Sep 2022033084.888.16$2,694
Aug 20221615294.529.13$2,900
Jul 202201,302101.587.54$9,820
Jun 2022202,872115.097.98$25,212
May 2022232,150109.378.43$20,647
Apr 202202,468104.226.84$16,875
Mar 202203,727108.885.08$18,920
Feb 202202,74791.054.86$13,347
Jan 202203,88181.844.54$17,611
Dec 2021214,22471.323.90$17,968
Nov 202104,82077.435.24$25,242
Oct 202101,24479.795.71$7,108
Sep 202104,07769.865.35$21,816
Aug 202104,42966.024.22$18,693
Jul 202102,54970.783.98$10,150
Jun 202102,95369.493.38$9,983
May 202103,31863.483.02$10,013
Apr 202102,47860.362.76$6,835
Mar 2021234,42861.302.72$13,441
Feb 202102,43557.805.55$13,509
Jan 202104,55550.412.81$12,801
Dec 2020194,85344.642.68$13,832
Nov 202002,80338.772.71$7,587
Oct 202002,23336.972.48$5,534
Sep 2020235,00337.091.99$10,814
Aug 202005,51139.982.39$13,144
Jul 202003,27438.371.83$5,975
Jun 2020204,84434.901.69$8,886
May 202004,71316.921.81$8,553
Apr 202003,64414.751.80$6,575
Mar 202003,67830.341.86$6,827
Feb 202005,69649.881.98$11,282
Jan 2020283,08457.252.09$8,063
Dec 201905,19959.012.30$11,980
Nov 201903,49955.302.75$9,625
Oct 201904,15053.472.42$10,037
Sep 201905,09855.052.66$13,547
Aug 2019204,91753.112.30$12,393
Jul 201904,19556.272.46$10,320
Jun 201905,15252.782.49$12,835
May 2019214,45558.482.74$13,436
Apr 201905,36662.632.75$14,760
Mar 201905,59156.803.06$17,120
Feb 201905,06150.852.79$14,131
Jan 201905,41546.033.23$17,481
Dec 201806,32346.594.19$26,465
Nov 201895,61552.934.24$24,268
Oct 201805,37361.443.40$18,258
Sep 201806,63359.543.11$20,615
Aug 2018155,55959.403.07$17,938
Jul 201805,53865.142.93$16,237
Jun 201803,67160.183.08$11,295
May 201884,20265.382.90$12,712
Apr 201805,11163.842.90$14,826
Mar 201804,85561.222.79$13,530
Feb 201884,58461.782.77$13,174
Jan 201805,75662.874.01$23,078
Dec 201705,17157.272.92$15,107
Nov 201704,85855.423.12$15,149
Oct 201785,02649.292.98$15,390
Sep 201705,06447.523.09$15,634
Aug 201705,25545.373.00$15,788
Jul 201705,35043.873.09$16,517
Jun 201795,70742.493.09$18,002
May 201776,40345.373.26$21,213
Apr 201705,60047.933.21$17,985
Mar 201784,59346.772.98$14,078
Feb 201701,69150.452.95$4,993
Jan 2017105,88549.413.42$20,614
Dec 201605,37448.763.72$20,006
Nov 201607,01142.492.64$18,540
Oct 201606,74046.193.09$20,828
Sep 2016106,27741.553.10$19,878
Aug 201606,39341.442.92$18,695
Jul 201606,26741.622.92$18,327
Jun 201666,21845.352.69$16,973
May 201606,03442.521.99$12,014
Apr 201664,68236.561.99$9,541
Mar 201605,42633.011.79$9,734
Feb 201665,68026.472.06$11,880
Jan 201644,83027.352.36$11,529
Dec 201515,91232.362.00$11,865
Nov 201516,24638.792.17$13,576
Oct 201506,21843.552.43$15,088
Sep 201516,84242.992.76$18,916
Aug 201506,98540.162.87$20,064
Jul 201507,09648.152.95$20,898
Jun 201557,02756.152.88$20,539
May 201527,60155.212.96$22,575
Apr 201577,14349.822.71$19,682
Mar 201508,03442.892.93$23,577
Feb 2015107,66844.662.98$23,268
Jan 201509,79743.433.10$30,377
Dec 2014258,82554.693.59$33,061
Nov 2014010,39870.464.25$44,211
Oct 20143112,13878.303.90$49,777
Sep 20141710,48286.164.05$43,869
Aug 201409,48589.394.04$38,273
Jul 2014012,04596.564.18$50,343
Jun 2014111,42298.164.74$54,203
May 2014012,45694.734.73$58,874
Apr 2014212,20495.944.81$58,882
Mar 2014011,68695.895.06$59,094
Feb 2014014,58997.406.19$90,335
Jan 2014415,81590.404.86$77,234
Dec 2013916,99091.824.35$74,809
Nov 20133017,91888.853.74$69,648
Oct 20133718,38297.423.78$73,077
Sep 2013018,935104.113.72$70,395
Aug 2013020,294104.253.52$71,488
Jul 2013021,581102.523.72$80,233
Jun 20138622,47294.403.93$96,510
May 2013027,00094.834.15$112,025
Apr 20132125,85493.964.28$112,695
Mar 2013033,48493.623.91$131,019
Feb 2013035,57091.233.42$121,646
Jan 20131843,50891.603.42$150,442
Dec 20121152,16686.773.42$179,371
Nov 2012183,27586.953.62$301,955
Oct 2012179,87389.383.40$35,085

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                1,260 Mcf  × $  3.05 =     $3,838

────────────────────────────────────────────────────
Month total                                   $3,838

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/266547 is the state's own key, not one this site invented.