MCMICHAEL "A"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the TEAGUE (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 82023District 05Field 88576304Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
401
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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
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
CondensateDisposition43 bbl$3,645
GasProduction1,296,832 Mcf$4,048,363
Total$4,052,007

340,178 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.6071, -96.2616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60714, -96.26164 · 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
12,606 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 12,606 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-16130447112,606 ftApr 2014

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 (401)

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

401 months

May 202601,239106.413.05$3,774
Apr 202601,24798.932.87$3,579
Mar 202601,27889.753.15$4,025
Feb 202601,20063.503.75$4,500
Jan 202601,26359.138.00$10,101
Dec 202501,30156.664.41$5,742
Nov 202501,22358.593.93$4,802
Oct 202501,30859.383.30$4,323
Sep 202501,25662.743.08$3,865
Aug 202501,32463.933.01$3,992
Jul 202501,16066.743.32$3,846
Jun 202501,14066.483.13$3,567
May 202501,20260.553.23$3,885
Apr 202501,16062.363.54$4,110
Mar 202501,33167.704.27$5,681
Feb 2025097870.884.34$4,245
Jan 202501,25774.324.28$5,378
Dec 202401,25568.993.12$3,917
Nov 202401,23669.052.20$2,717
Oct 202401,31871.372.28$3,007
Sep 202401,31569.612.36$3,109
Aug 202401,39375.632.06$2,875
Jul 202401,55779.932.15$3,342
Jun 202401,02278.082.63$2,692
May 20240078.812.20$0
Apr 2024074784.451.66$1,239
Mar 202401,24880.301.55$1,928
Feb 202401,17776.091.78$2,099
Jan 202401,27173.023.30$4,191
Dec 202301,22271.262.61$3,190
Nov 202301,25377.892.81$3,518
Oct 202301,29985.443.09$4,010
Sep 202301,27389.042.74$3,482
Aug 202301,30880.522.67$3,496
Jul 202301,31574.852.64$3,474
Jun 202301,25068.962.26$2,823
May 202301,34870.622.23$3,003
Apr 202301,28578.122.24$2,876
Mar 202301,32172.852.39$3,161
Feb 202301,17175.112.47$2,887
Jan 202301,35176.533.39$4,577
Dec 202201,35576.415.73$7,763
Nov 202201,30385.005.65$7,357
Oct 202201,37287.185.86$8,045
Sep 202201,37584.888.16$11,225
Aug 202201,37094.529.13$12,504
Jul 202201,179101.587.54$8,892
Jun 202201,298115.097.98$10,354
May 202201,364109.378.43$11,503
Apr 202201,346104.226.84$9,203
Mar 202201,388108.885.08$7,046
Feb 202201,25891.054.86$6,112
Jan 202201,44981.844.54$6,575
Dec 202101,44771.323.90$5,642
Nov 202101,39877.435.24$7,321
Oct 202101,46879.795.71$8,388
Sep 202101,42169.865.35$7,604
Aug 202101,49066.024.22$6,289
Jul 202101,49170.783.98$5,937
Jun 202101,47669.493.38$4,990
May 202101,54563.483.02$4,662
Apr 202101,53360.362.76$4,229
Mar 202101,62361.302.72$4,410
Feb 202101,65857.805.55$9,199
Jan 202101,58550.412.81$4,454
Dec 202001,56144.642.68$4,176
Nov 202001,52838.772.71$4,136
Oct 202001,55636.972.48$3,856
Sep 202001,55537.091.99$3,096
Aug 202001,64039.982.39$3,912
Jul 202001,63838.371.83$2,990
Jun 202001,60834.901.69$2,718
May 202001,54016.921.81$2,795
Apr 202001,60814.751.80$2,901
Mar 202001,82430.341.86$3,386
Feb 202001,78749.881.98$3,539
Jan 202001,91857.252.09$4,018
Dec 201911,91859.012.30$4,479
Nov 201901,83855.302.75$5,056
Oct 201901,86853.472.42$4,518
Sep 201901,75355.052.66$4,658
Aug 201901,75053.112.30$4,033
Jul 201901,85456.272.46$4,561
Jun 201901,81852.782.49$4,529
May 201902,13058.482.74$5,837
Apr 201902,08862.632.75$5,743
Mar 201902,18656.803.06$6,694
Feb 201901,91350.852.79$5,342
Jan 201902,27646.033.23$7,347
Dec 201801,96746.594.19$8,233
Nov 201802,08352.934.24$8,826
Oct 201802,11661.443.40$7,190
Sep 201801,98459.543.11$6,166
Aug 201802,06159.403.07$6,320
Jul 201802,08965.142.93$6,125
Jun 201802,03160.183.08$6,249
May 201802,14065.382.90$6,208
Apr 201802,29963.842.90$6,669
Mar 201802,44961.222.79$6,825
Feb 201802,12761.782.77$5,884
Jan 201802,34362.874.01$9,394
Dec 201702,04657.272.92$5,977
Nov 201702,30655.423.12$7,191
Oct 201702,03449.292.98$6,069
Sep 201702,15147.523.09$6,641
Aug 201702,20645.373.00$6,628
Jul 201702,07543.873.09$6,406
Jun 201702,21542.493.09$6,838
May 201702,31245.373.26$7,545
Apr 201702,28347.933.21$7,332
Mar 201702,50846.772.98$7,483
Feb 201702,37850.452.95$7,021
Jan 201702,70849.413.42$9,258
Dec 201612,75648.763.72$10,309
Nov 201602,72142.492.64$7,195
Oct 201602,81346.193.09$8,693
Sep 201602,77941.553.10$8,617
Aug 201602,93341.442.92$8,577
Jul 201603,02041.622.92$8,832
Jun 201603,02445.352.69$8,122
May 201603,19742.521.99$6,365
Apr 201603,09736.561.99$6,166
Mar 201602,42333.011.79$4,347
Feb 2016060626.472.06$1,251
Jan 201602,61027.352.36$6,171
Dec 201502,86532.362.00$5,734
Nov 201502,99538.792.17$6,491
Oct 201502,56843.552.43$6,231
Sep 201503,12642.992.76$8,623
Aug 201503,33740.162.87$9,586
Jul 201503,43148.152.95$10,105
Jun 201503,52056.152.88$10,148
May 201503,52755.212.96$10,424
Apr 201503,21749.822.71$8,707
Mar 201503,72842.892.93$10,941
Feb 201503,47444.662.98$10,339
Jan 201514,20943.433.10$13,094
Dec 201404,49354.693.59$16,136
Nov 201404,44970.464.25$18,916
Oct 201414,75078.303.90$18,608
Sep 201404,74086.164.05$19,175
Aug 201425,00389.394.04$20,366
Jul 201425,20296.564.18$21,935
Jun 201425,22198.164.74$24,928
May 201405,73694.734.73$27,112
Apr 201405,36895.944.81$25,815
Mar 20142861295.895.06$5,780
Feb 20140097.406.19$0
Jan 2014019990.404.86$967
Dec 2013046091.824.35$2,003
Nov 2013012788.853.74$475
Oct 2013062197.423.78$2,347
Sep 20130365104.113.72$1,357
Aug 20130525104.253.52$1,849
Jul 20130636102.523.72$2,364
Jun 2013058194.403.93$2,285
May 2013073394.834.15$3,041
Apr 201301,03393.964.28$4,424
Mar 201301,17093.623.91$4,578
Feb 2013049591.233.42$1,693
Jan 2013065891.603.42$2,250
Dec 2012053686.773.42$1,833
Nov 2012066386.953.62$2,403
Oct 2012059989.383.40$2,036
Sep 2012054294.672.92$1,582
Aug 2012073592.662.91$2,138
Jul 2012058185.133.02$1,755
Jun 2012048779.822.52$1,227
May 2012080591.612.49$2,003
Apr 20120763101.652.00$1,524
Mar 20120764105.052.22$1,698
Feb 20120513101.102.57$1,319
Jan 201201,08998.092.73$2,977
Dec 2011070696.873.24$2,287
Nov 2011039695.723.31$1,311
Oct 201101,27984.983.65$4,666
Sep 201101,10883.623.99$4,416
Aug 2011087583.404.15$3,631
Jul 201101,11694.144.52$5,041
Jun 201101,68892.904.64$7,832
May 201101,68598.134.40$7,422
Apr 201101,715105.964.33$7,432
Mar 201102,29496.364.06$9,308
Feb 201101,92585.644.18$8,046
Jan 201101,97986.504.59$9,081
Dec 201002,31785.734.35$10,074
Nov 201002,19880.843.80$8,342
Oct 201002,36178.103.51$8,284
Sep 201002,38772.633.98$9,499
Aug 201002,61073.684.42$11,535
Jul 201002,42172.554.74$11,467
Jun 201002,27570.364.91$11,171
May 201002,51271.124.24$10,639
Apr 201002,81281.694.12$11,593
Mar 201002,54078.394.39$11,147
Feb 201002,44173.585.44$13,285
Jan 201002,98574.365.96$17,803
Dec 200902,97871.445.48$16,331
Nov 200902,32274.593.75$8,711
Oct 200903,07372.544.11$12,631
Sep 200902,55165.543.06$7,818
Aug 200902,41567.423.22$7,773
Jul 200902,37861.133.46$8,239
Jun 200901,58366.163.90$6,166
May 2009086354.743.93$3,388
Apr 2009053046.773.59$1,901
Mar 200901142.144.06$45
Feb 20090432.814.63$19
Jan 20090035.865.37$0
Dec 200801437.105.98$84
Nov 20080055.496.86$0
Oct 200804875.246.92$332
Sep 20080204101.767.88$1,607
Aug 200802,558114.228.48$21,700
Jul 20080599131.0811.39$6,822
Jun 20080622131.3313.03$8,106
May 20080208123.1711.57$2,407
Apr 20080570110.3110.45$5,959
Mar 20080604101.909.66$5,837
Feb 2008056292.538.77$4,929
Jan 2008060390.388.21$4,948
Dec 2007068588.337.30$5,002
Nov 2007077391.677.29$5,636
Oct 2007091082.856.92$6,299
Sep 2007099775.846.24$6,225
Aug 200701,16669.066.39$7,448
Jul 200701,68770.906.39$10,776
Jun 200701,89462.007.55$14,297
May 200702,47558.747.85$19,420
Apr 200702,99659.617.81$23,384
Mar 200704,18356.927.30$30,544
Feb 200704,62955.108.22$38,032
Jan 200704,67750.306.73$31,461
Dec 200605,44156.656.92$37,643
Nov 200605,20354.207.62$39,634
Oct 200604,23354.906.01$25,456
Sep 200606,02560.085.04$30,349
Aug 200604,32468.717.34$31,738
Jul 200601,27669.376.34$8,093
Jun 200601,50866.286.38$9,627
May 200601,81566.016.42$11,661
Apr 200602,09664.397.36$15,428
Mar 200602,50056.707.08$17,707
Feb 200602,03157.597.75$15,743
Jan 200603,09460.598.93$27,640
Dec 200503,74554.9413.42$50,241
Nov 200505,54354.6910.59$58,692
Oct 200503,22458.3413.80$44,478
Sep 200502,20861.4512.08$26,670
Aug 200502,62761.519.80$25,736
Jul 200502,72155.697.84$21,343
Jun 200502,84852.337.38$21,021
May 200503,70245.226.65$24,623
Apr 200503,58349.207.36$26,373
Mar 200506,01850.377.15$43,058
Feb 200504,44645.226.31$28,063
Jan 200503,86143.166.32$24,410
Dec 200403,73039.866.75$25,182
Nov 200413,97545.286.33$25,209
Oct 200404,53049.706.52$29,513
Sep 200404,96843.245.28$26,250
Aug 200405,25142.375.55$29,147
Jul 200414,48138.286.08$27,301
Jun 200404,67536.106.43$30,074
May 200405,00537.486.49$32,505
Apr 200403,68834.475.86$21,606
Mar 200404,86734.365.53$26,915
Feb 200403,50932.455.51$19,333
Jan 200405,23932.036.30$33,004
Dec 200325,28230.266.30$33,346
Nov 200305,18028.804.60$23,803
Oct 200305,09628.174.76$24,255
Sep 200303,81226.314.75$18,105
Aug 200305,08829.765.13$26,100
Jul 200304,15029.415.17$21,459
Jun 200303,78528.565.98$22,646
May 200305,80926.595.97$34,695
Apr 200304,73226.675.41$25,587
Mar 200305,71531.146.10$34,839
Feb 200305,40133.487.93$42,808
Jan 200306,04630.315.58$33,749
Dec 200205,81226.914.85$28,210
Nov 200205,15824.664.14$21,338
Oct 200206,02526.464.23$25,480
Sep 200204,87827.443.64$17,733
Aug 200205,32025.963.16$16,833
Jul 200205,37524.583.06$16,457
Jun 200204,04323.733.34$13,497
May 200205,96524.663.58$21,379
Apr 200206,40523.653.51$22,496
Mar 200208,14422.003.10$25,269
Feb 200205,48918.222.38$13,040
Jan 200202,06117.172.38$4,896
Dec 200101,31616.932.36$3,112
Nov 200103418.072.41$82
Oct 200103,04219.782.53$7,693
Sep 200102,91624.262.25$6,565
Aug 200104,01824.873.05$12,268
Jul 200102,75523.933.20$8,808
Jun 200104,33324.563.82$16,570
May 200103,55825.524.31$15,325
Apr 200104,03124.685.34$21,507
Mar 200106,53824.545.38$35,151
Feb 200104,30327.755.77$24,816
Jan 200106,13227.478.40$51,501
Dec 200004,80326.889.12$43,815
Nov 200005,84832.215.66$33,088
Oct 200006,85331.235.15$35,262
Sep 200008,62631.875.19$44,739
Aug 200005,28429.644.54$23,993
Jul 200005,57228.534.09$22,788
Jun 200005,67129.304.40$24,937
May 200002,79327.263.68$10,278
Apr 200002,32724.513.12$7,251
Mar 200003,47328.422.86$9,932
Feb 200005,63727.622.73$15,369
Jan 200005,99625.272.48$14,873
Dec 199905,23024.282.42$12,676
Nov 199904,81423.192.43$11,717
Oct 199904,36720.982.80$12,244
Sep 199904,09621.752.62$10,727
Aug 199904,24519.262.88$12,207
Jul 199905,40517.892.37$12,823
Jun 199904,99015.942.36$11,787
May 199904,72615.792.32$10,969
Apr 199905,11415.102.21$11,292
Mar 199904,67912.471.84$8,602
Feb 199905,1569.981.82$9,373
Jan 199905,62910.381.90$10,695
Dec 199805,8949.201.77$10,452
Nov 199805,64110.892.19$12,330
Oct 199801,96712.421.97$3,873
Sep 199804,29012.592.08$8,934
Aug 199805,62011.301.91$10,719
Jul 199804,67011.742.24$10,448
Jun 199804,72511.242.24$10,571
May 199805,43912.622.21$12,000
Apr 199803,95113.042.51$9,899
Mar 199807,60412.802.31$17,561
Feb 199801,06013.952.30$2,437
Jan 199801,06814.702.15$2,301
Dec 199701,08616.322.41$2,618
Nov 199703,25518.193.09$10,052
Oct 199704,85719.253.15$15,299
Sep 199705,97917.742.95$17,667
Aug 199705,71417.862.55$14,598
Jul 199706,14617.582.25$13,810
Jun 199706,10817.242.26$13,787
May 199707,22518.972.31$16,679
Apr 199707,39117.882.08$15,394
Mar 199704,64718.951.94$9,011
Feb 199705,79420.492.21$12,781
Jan 199707,16523.483.54$25,362
Dec 199607,00223.32$0
Nov 199605,76521.97$0
Oct 199607,00023.31$0
Sep 199605,48622.22$0
Aug 199606,49220.26$0
Jul 199606,72119.55$0
Jun 199604,20518.73$0
May 199606,44919.43$0
Apr 199608,90221.51$0
Mar 199602,11319.38$0
Feb 19960016.98$0
Jan 199604,43117.07$0
Dec 199507,14417.19$0
Nov 199507,34816.00$0
Oct 199506,26615.43$0
Sep 199506,52916.18$0
Aug 199505,69915.92$0
Jul 199504,88115.24$0
Jun 199507,14116.41$0
May 199507,86717.56$0
Apr 199507,57317.73$0
Mar 199507,52716.44$0
Feb 199507,77316.58$0
Jan 199507,03715.92$0
Dec 199408,74715.03$0
Nov 199406,92015.90$0
Oct 199406,29915.58$0
Sep 199407,47315.29$0
Aug 199406,70616.13$0
Jul 199405,41717.56$0
Jun 199408,19517.09$0
May 199409,69315.88$0
Apr 199405,45614.14$0
Mar 199406,93812.46$0
Feb 199408,00312.50$0
Jan 199407,58812.66$0
Dec 199307,19312.33$0
Nov 199309,41414.49$0
Oct 199307,22315.85$0
Sep 199306,57015.03$0
Aug 199309,44315.66$0
Jul 199309,01615.46$0
Jun 199308,36216.79$0
May 1993011,17517.68$0
Apr 199306,65118.05$0
Mar 199317,97218.14$18
Feb 199309,27017.90$0
Jan 1993013,10316.93$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                1,239 Mcf  × $  3.05 =     $3,774

────────────────────────────────────────────────────
Month total                                   $3,774

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/82023 is the state's own key, not one this site invented.