RAWLS

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 82303District 05Field 88576304Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$11.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$205 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
CondensateDisposition13,534 bbl$1,022,183
GasProduction3,214,509 Mcf$10,876,853
Total$11,899,036

445,304 Mcf of this lease's gas, across 48 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 31.6293, -96.2462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62934, -96.24619 · 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
12,600 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 12,600 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-16130438112,600 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 (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 202604,826106.413.05$14,699
Apr 202604,50998.932.87$12,940
Mar 202604,31589.753.15$13,590
Feb 202603,79463.503.75$14,229
Jan 202604,21459.138.00$33,703
Dec 2025903,88256.664.41$22,232
Nov 202504,03758.593.93$15,851
Oct 202503,97759.383.30$13,143
Sep 202504,89262.743.08$15,052
Aug 202505,22863.933.01$15,761
Jul 20251033,96166.743.32$20,006
Jun 202504,49166.483.13$14,051
May 202504,78060.553.23$15,450
Apr 202505,38462.363.54$19,076
Mar 2025925,05467.704.27$27,800
Feb 202504,10670.884.34$17,823
Jan 202504,91374.324.28$21,021
Dec 202406,14468.993.12$19,178
Nov 20241166,08269.052.20$21,381
Oct 202406,71171.372.28$15,310
Sep 202406,34469.612.36$15,000
Aug 202406,60775.632.06$13,634
Jul 202406,97279.932.15$14,966
Jun 202406,25578.082.63$16,476
May 20240078.812.20$0
Apr 202403,27284.451.66$5,429
Mar 2024984,73280.301.55$15,181
Feb 202404,96976.091.78$8,863
Jan 202404,58473.023.30$15,116
Dec 20231044,14971.262.61$18,243
Nov 202304,32777.892.81$12,148
Oct 202306,21285.443.09$19,178
Sep 202305,29889.042.74$14,490
Aug 20231135,83880.522.67$24,703
Jul 202305,90774.852.64$15,605
Jun 20231037,27468.962.26$23,531
May 202305,85070.622.23$13,030
Apr 202306,42078.122.24$14,366
Mar 202306,53772.852.39$15,644
Feb 20231085,90675.112.47$22,674
Jan 202304,69576.533.39$15,905
Dec 2022955,71076.415.73$39,972
Nov 202206,04885.005.65$34,148
Oct 202205,43987.185.86$31,893
Sep 202206,63684.888.16$54,174
Aug 202204,02594.529.13$36,737
Jul 202204,892101.587.54$36,896
Jun 202204,792115.097.98$38,227
May 20221096,076109.378.43$63,160
Apr 202206,315104.226.84$43,179
Mar 20221077,191108.885.08$48,155
Feb 202203,97891.054.86$19,328
Jan 202205,54181.844.54$25,143
Dec 20211017,67671.323.90$37,133
Nov 202107,86177.435.24$41,167
Oct 202106,16079.795.71$35,197
Sep 202106,58269.865.35$35,220
Aug 202106,99066.024.22$29,502
Jul 202107,27170.783.98$28,954
Jun 202107,76669.493.38$26,254
May 20211106,83863.483.02$27,618
Apr 202108,06660.362.76$22,249
Mar 20211015,59861.302.72$21,401
Feb 202104,20057.805.55$23,301
Jan 202106,74750.412.81$18,961
Dec 202005,86344.642.68$15,686
Nov 20201116,73838.772.71$22,540
Oct 202007,70136.972.48$19,086
Sep 202007,25137.091.99$14,437
Aug 202008,78439.982.39$20,951
Jul 20201186,45238.371.83$16,303
Jun 20201315,77934.901.69$14,340
May 202005,04416.921.81$9,154
Apr 202008,71614.751.80$15,727
Mar 202008,38130.341.86$15,557
Feb 20201356,51349.881.98$19,634
Jan 20201306,75757.252.09$21,597
Dec 2019010,43959.012.30$24,055
Nov 201918,22555.302.75$22,680
Oct 201909,96353.472.42$24,096
Sep 201909,00055.052.66$23,916
Aug 20191078,73853.112.30$25,818
Jul 20191029,39956.272.46$28,862
Jun 201906,12652.782.49$15,261
May 201906,43658.482.74$17,637
Apr 201909,22762.632.75$25,381
Mar 2019119,67756.803.06$30,257
Feb 2019329,10650.852.79$27,053
Jan 201908,34946.033.23$26,952
Dec 201806,18846.594.19$25,900
Nov 20182387,51952.934.24$44,457
Oct 201808,94561.443.40$30,396
Sep 2018010,01959.543.11$31,139
Aug 20181309,64659.403.07$37,302
Jul 201807,91765.142.93$23,212
Jun 20181349,20160.183.08$36,375
May 2018010,30665.382.90$29,896
Apr 20181209,63363.842.90$35,604
Mar 201809,36161.222.79$26,088
Feb 201808,36561.782.77$23,139
Jan 201815310,55062.874.01$51,917
Dec 2017012,18157.272.92$35,587
Nov 201713910,23455.423.12$39,617
Oct 201713811,11849.292.98$39,975
Sep 201708,79047.523.09$27,137
Aug 201709,21545.373.00$27,686
Jul 201710910,50443.873.09$37,211
Jun 20171358,35242.493.09$31,521
May 201708,93845.373.26$29,168
Apr 2017011,13547.933.21$35,761
Mar 20171539,90546.772.98$36,709
Feb 2017948,65450.452.95$30,294
Jan 201709,36549.413.42$32,017
Dec 2016688,79148.763.72$36,043
Nov 2016709,50842.492.64$28,117
Oct 2016012,84646.193.09$39,697
Sep 2016012,43041.553.10$38,541
Aug 2016928,87641.442.92$29,769
Jul 201608,43341.622.92$24,661
Jun 20162039,54745.352.69$34,848
May 2016011,45142.521.99$22,799
Apr 201614912,91336.561.99$31,158
Mar 201619611,37733.011.79$26,880
Feb 201609,80226.472.06$20,228
Jan 201615812,20727.352.36$33,183
Dec 20155312,27032.362.00$26,272
Nov 20159813,55538.792.17$33,180
Oct 2015013,99843.552.43$33,967
Sep 201516414,93942.992.76$48,258
Aug 2015389,61640.162.87$29,148
Jul 20157510,91548.152.95$35,757
Jun 20155014,78356.152.88$45,425
May 201511816,12855.212.96$54,180
Apr 201511911,77749.822.71$37,804
Mar 2015010,42342.892.93$30,588
Feb 201512412,77844.662.98$43,568
Jan 201520414,68043.433.10$54,377
Dec 20147312,91354.693.59$50,368
Nov 2014015,92770.464.25$67,719
Oct 201416013,43178.303.90$64,922
Sep 20146711,84286.164.05$53,679
Aug 201413215,86289.394.04$75,805
Jul 201415917,86696.564.18$90,026
Jun 201445317,07598.164.74$125,349
May 201414820,88694.734.73$112,739
Apr 201424421,46595.944.81$126,637
Mar 201420615,12395.895.06$96,227
Feb 201425519,39097.406.19$144,900
Jan 201424515,41290.404.86$97,061
Dec 201312514,38991.824.35$74,134
Nov 201316220,84488.853.74$92,314
Oct 201317614,21897.423.78$70,881
Sep 201313314,001104.113.72$65,899
Aug 201310615,410104.253.52$65,334
Jul 201318617,953102.523.72$85,813
Jun 201322118,69494.403.93$94,394
May 201323017,06994.834.15$92,632
Apr 201328921,88893.964.28$120,892
Mar 201334925,87493.623.91$133,915
Feb 201327120,25191.233.42$93,980
Jan 201346436,96491.603.42$168,916
Dec 201239933,37686.773.42$148,772
Nov 201254832,63586.953.62$165,949
Oct 201263345,54989.383.40$211,430
Sep 201222337,34894.672.92$130,108
Aug 201265160,70292.662.91$236,853
Jul 201226167,27085.133.02$225,428
Jun 2012414,65279.822.52$37,228
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201101,10195.723.31$3,646
Oct 201101,22084.983.65$4,451
Sep 201101,44483.623.99$5,756
Aug 201101,61683.404.15$6,705
Jul 201121,82494.144.52$8,428
Jun 201103,33292.904.64$15,460
May 201103,40798.134.40$15,007
Apr 201103,504105.964.33$15,184
Mar 201113,70596.364.06$15,129
Feb 201103,03485.644.18$12,682
Jan 201113,90186.504.59$17,987
Dec 201013,14285.734.35$13,746
Nov 201003,94580.843.80$14,973
Oct 201003,81478.103.51$13,383
Sep 201002,77172.633.98$11,027
Aug 201012,89973.684.42$12,885
Jul 201003,67272.554.74$17,392
Jun 201013,68370.364.91$18,155
May 201003,95871.124.24$16,763
Apr 201004,02381.694.12$16,586
Mar 201004,11778.394.39$18,068
Feb 201003,49273.585.44$19,005
Jan 201004,11574.365.96$24,542
Dec 200903,90671.445.48$21,420
Nov 200903,95074.593.75$14,818
Oct 200904,24072.544.11$17,427
Sep 200902,42965.543.06$7,444
Aug 200904,23667.423.22$13,634
Jul 200904,06361.133.46$14,076
Jun 200903,99266.163.90$15,549
May 200904,12854.743.93$16,206
Apr 200903,91946.773.59$14,059
Mar 200904,36342.144.06$17,709
Feb 200903,93132.814.63$18,212
Jan 200904,27435.865.37$22,956
Dec 200804,30937.105.98$25,756
Nov 200804,39955.496.86$30,179
Oct 200804,51875.246.92$31,274
Sep 200804,363101.767.88$34,368
Aug 200804,803114.228.48$40,744
Jul 200804,755131.0811.39$54,157
Jun 200804,556131.3313.03$59,377
May 200805,164123.1711.57$59,770
Apr 200805,337110.3110.45$55,798
Mar 200805,095101.909.66$49,238
Feb 200804,74892.538.77$41,643
Jan 200805,13290.388.21$42,112
Dec 200705,23088.337.30$38,189
Nov 200705,06391.677.29$36,918
Oct 200705,25382.856.92$36,361
Sep 200704,98975.846.24$31,152
Aug 200705,27769.066.39$33,709
Jul 200705,10370.906.39$32,598
Jun 200705,71062.007.55$43,102
May 200705,93958.747.85$46,599
Apr 200705,83059.617.81$45,504
Mar 200706,15356.927.30$44,929
Feb 200705,28555.108.22$43,422
Jan 200706,22450.306.73$41,868
Dec 200606,50156.656.92$44,977
Nov 200605,62954.207.62$42,879
Oct 200605,13254.906.01$30,863
Sep 200605,19760.085.04$26,178
Aug 200605,57068.717.34$40,883
Jul 200604,56369.376.34$28,942
Jun 200604,66466.286.38$29,774
May 200605,58066.016.42$35,852
Apr 200605,13364.397.36$37,781
Mar 200615,13856.707.08$36,449
Feb 200604,48957.597.75$34,795
Jan 200604,93260.598.93$44,059
Dec 200505,38054.9413.42$72,175
Nov 200504,74454.6910.59$50,231
Oct 200505,30458.3413.80$73,173
Sep 200505,55161.4512.08$67,051
Aug 200504,81061.519.80$47,123
Jul 200504,03455.697.84$31,641
Jun 200505,14452.337.38$37,968
May 200505,58045.226.65$37,113
Apr 200505,36649.207.36$39,496
Mar 200506,14550.377.15$43,967
Feb 200504,14345.226.31$26,150
Jan 200504,92643.166.32$31,143
Dec 200405,11739.866.75$34,545
Nov 200415,46745.286.33$34,654
Oct 200405,65949.706.52$36,869
Sep 200405,14843.245.28$27,202
Aug 200405,18042.375.55$28,752
Jul 200405,58738.286.08$33,992
Jun 200415,97536.106.43$38,473
May 200406,33637.486.49$41,150
Apr 200404,90834.475.86$28,753
Mar 200405,52334.365.53$30,543
Feb 200405,82632.455.51$32,099
Jan 200406,02332.036.30$37,943
Dec 200305,68330.266.30$35,812
Nov 200305,48228.804.60$25,191
Oct 200316,43328.174.76$30,647
Sep 200305,13826.314.75$24,402
Aug 200306,19229.765.13$31,763
Jul 200305,42429.415.17$28,047
Jun 200304,06128.565.98$24,297
May 200305,76826.595.97$34,450
Apr 200305,78026.675.41$31,254
Mar 200305,78031.146.10$35,235
Feb 200304,09833.487.93$32,480
Jan 200305,79130.315.58$32,326
Dec 200206,04626.914.85$29,346
Nov 200205,85724.664.14$24,230
Oct 200207,64526.464.23$32,332
Sep 200206,50627.443.64$23,651
Aug 200206,26725.963.16$19,830
Jul 200206,91124.583.06$21,160
Jun 200207,26823.733.34$24,262
May 200208,12324.663.58$29,113
Apr 200208,22723.653.51$28,896
Mar 2002010,17522.003.10$31,570
Feb 200207,67418.222.38$18,231
Jan 200206,53517.172.38$15,525
Dec 200102,52316.932.36$5,965
Nov 200106,51618.072.41$15,674
Oct 200107,25419.782.53$18,345
Sep 200106,73524.262.25$15,163
Aug 200104,41024.873.05$13,464
Jul 200103,86923.933.20$12,370
Jun 200106,38524.563.82$24,417
May 200108,18925.524.31$35,273
Apr 2001011,02724.685.34$58,833
Mar 200105,52624.545.38$29,710
Feb 2001032227.755.77$1,857
Jan 200107,58027.478.40$63,663
Dec 200008,71526.889.12$79,503
Nov 2000010,62432.215.66$60,111
Oct 2000011,65531.235.15$59,971
Sep 200007,74131.875.19$40,149
Aug 200002,55229.644.54$11,588
Jul 200006,12228.534.09$25,037
Jun 200007,16729.304.40$31,515
May 200006,93427.263.68$25,515
Apr 200006,06524.513.12$18,899
Mar 200007,59628.422.86$21,723
Feb 200004,31327.622.73$11,759
Jan 200005,54125.272.48$13,744
Dec 199907,49324.282.42$18,161
Nov 199905,16123.192.43$12,562
Oct 199906,43620.982.80$18,045
Sep 199906,85921.752.62$17,963
Aug 199906,30519.262.88$18,131
Jul 199907,09717.892.37$16,837
Jun 199906,32015.942.36$14,928
May 199908,29215.792.32$19,246
Apr 199908,61015.102.21$19,011
Mar 19990012.471.84$0
Feb 199904,3219.981.82$7,855
Jan 199906,73210.381.90$12,790
Dec 199808,4079.201.77$14,908
Nov 199805,79710.892.19$12,671
Oct 199807,77312.421.97$15,307
Sep 199806,50212.592.08$13,541
Aug 199805,11211.301.91$9,750
Jul 199806,45411.742.24$14,439
Jun 199807,45011.242.24$16,668
May 199805,62312.622.21$12,406
Apr 199806,20613.042.51$15,548
Mar 199807,65812.802.31$17,686
Feb 199806,90213.952.30$15,869
Jan 199807,93614.702.15$17,100
Dec 199709,00716.322.41$21,717
Nov 199705,86818.193.09$18,122
Oct 199707,00419.253.15$22,061
Sep 199708,10817.742.95$23,958
Aug 199709,13417.862.55$23,335
Jul 199706,65717.582.25$14,958
Jun 199706,16417.242.26$13,913
May 199708,18618.972.31$18,897
Apr 199708,36217.882.08$17,416
Mar 199706,95218.951.94$13,481
Feb 199707,39220.492.21$16,306
Jan 199709,03823.483.54$31,992
Dec 199608,65023.32$0
Nov 199608,59221.97$0
Oct 199608,60323.31$0
Sep 199605,02822.22$0
Aug 199609,41820.26$0
Jul 199607,29719.55$0
Jun 199609,35318.73$0
May 199608,99219.43$0
Apr 1996012,23521.51$0
Mar 1996010,45319.38$0
Feb 1996022916.98$0
Jan 199605,50117.07$0
Dec 199507,76317.19$0
Nov 199508,82816.00$0
Oct 199507,09615.43$0
Sep 199509,65016.18$0
Aug 199506,23915.92$0
Jul 199506,55015.24$0
Jun 199509,93316.41$0
May 1995010,30917.56$0
Apr 199508,29317.73$0
Mar 199508,90316.44$0
Feb 199509,07516.58$0
Jan 199509,27815.92$0
Dec 199409,40215.03$0
Nov 199408,67415.90$0
Oct 199407,25415.58$0
Sep 199409,74215.29$0
Aug 199409,84616.13$0
Jul 199408,57317.56$0
Jun 199409,53917.09$0
May 1994010,90115.88$0
Apr 199406,57814.14$0
Mar 199409,23112.46$0
Feb 199409,80412.50$0
Jan 199409,51912.66$0
Dec 1993010,21412.33$0
Nov 1993011,15614.49$0
Oct 199308,42315.85$0
Sep 199309,52015.03$0
Aug 1993011,19215.66$0
Jul 1993011,91215.46$0
Jun 1993011,53716.79$0
May 1993014,32717.68$0
Apr 199309,38218.05$0
Mar 1993012,99218.14$0
Feb 1993012,69017.90$0
Jan 1993016,62816.93$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                4,826 Mcf  × $  3.05 =    $14,699

────────────────────────────────────────────────────
Month total                                  $14,699

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/82303 is the state's own key, not one this site invented.