NANNY

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BEAR GRASS, NE (COTTON VALLEY LM field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 90648District 05Field 06479500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$453 k
Jan 1993 – Jan 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
157
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1979-11-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1982-10-25.

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: CORRECTED TO REFLECT PROPER ACREAGE 12-4-97.

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
CondensateDisposition122 bbl$4,404
GasProduction391,153 Mcf$448,614
Total$453,018

245,698 Mcf of this lease's gas, across 45 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 31.4839, -96.1470. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48391, -96.14703 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
14,815 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
1100.0%
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.
00.0%

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 14,815 ft.

Completions filed
Oct 1980
1 of 1 wells

1 well

42-16130596114,815 ftOct 1980Yes

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 (157)

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

157 months

Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004122936.106.43$4,462
May 2004033637.486.49$2,182
Apr 2004039934.475.86$2,338
Mar 200401,25934.365.53$6,962
Feb 2004087132.455.51$4,799
Jan 2004019032.036.30$1,197
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003056928.174.76$2,708
Sep 2003080726.314.75$3,833
Aug 2003098229.765.13$5,037
Jul 200301,08529.415.17$5,610
Jun 200301,27528.565.98$7,628
May 2003047826.595.97$2,855
Apr 2003048326.675.41$2,612
Mar 2003097831.146.10$5,962
Feb 200301,01233.487.93$8,021
Jan 2003025330.315.58$1,412
Dec 2002058726.914.85$2,849
Nov 2002075824.664.14$3,136
Oct 200201,16426.464.23$4,923
Sep 2002036727.443.64$1,334
Aug 2002075325.963.16$2,383
Jul 200201,05124.583.06$3,218
Jun 200201,35723.733.34$4,530
May 200201,61924.663.58$5,803
Apr 200201,63823.653.51$5,753
Mar 200201,04122.003.10$3,230
Feb 200201,48818.222.38$3,535
Jan 200201,26017.172.38$2,993
Dec 200102,84716.932.36$6,731
Nov 200102,33218.072.41$5,610
Oct 2001092319.782.53$2,334
Sep 200102,06524.262.25$4,649
Aug 200102,28224.873.05$6,967
Jul 200102,82723.933.20$9,038
Jun 200102,79424.563.82$10,685
May 200103,73525.524.31$16,088
Apr 200104,01524.685.34$21,421
Mar 2001091224.545.38$4,903
Feb 200104827.755.77$277
Jan 2001062427.478.40$5,241
Dec 2000037226.889.12$3,394
Nov 2000031532.215.66$1,782
Oct 2000019231.235.15$988
Sep 200001,29531.875.19$6,717
Aug 2000044329.644.54$2,012
Jul 2000086528.534.09$3,538
Jun 2000028229.304.40$1,240
May 200002,16727.263.68$7,974
Apr 200002,85924.513.12$8,909
Mar 200003,63428.422.86$10,392
Feb 200003,11727.622.73$8,499
Jan 200001,25625.272.48$3,116
Dec 1999049824.282.42$1,207
Nov 199902,75023.192.43$6,693
Oct 199903,24820.982.80$9,106
Sep 199902,50121.752.62$6,550
Aug 199901,00419.262.88$2,887
Jul 199902,04617.892.37$4,854
Jun 199903,47915.942.36$8,218
May 199904,03015.792.32$9,354
Apr 1999039815.102.21$879
Mar 1999092212.471.84$1,695
Feb 199909119.981.82$1,656
Jan 1999092510.381.90$1,757
Dec 199807889.201.77$1,397
Nov 199801,10810.892.19$2,422
Oct 199801,25112.421.97$2,463
Sep 199801,25812.592.08$2,620
Aug 199801,50111.301.91$2,863
Jul 199801,61311.742.24$3,609
Jun 199801,77311.242.24$3,967
May 199802,15112.622.21$4,746
Apr 199802,27413.042.51$5,697
Mar 199802,75812.802.31$6,369
Feb 199802,94513.952.30$6,771
Jan 199803,72014.702.15$8,016
Dec 199702,59216.322.41$6,250
Nov 199703,11018.193.09$9,604
Oct 199703,33319.253.15$10,498
Sep 199703,24617.742.95$9,592
Aug 199703,33217.862.55$8,512
Jul 199703,20617.582.25$7,204
Jun 199703,47817.242.26$7,851
May 199704,50818.972.31$10,407
Apr 199704,39417.882.08$9,152
Mar 199701,36118.951.94$2,639
Feb 1997077320.492.21$1,705
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996021023.31$0
Sep 1996011822.22$0
Aug 199601,40720.26$0
Jul 199604,59619.55$0
Jun 199605,48718.73$0
May 199605,68419.43$0
Apr 199606,60821.51$0
Mar 199604,51619.38$0
Feb 199605,37516.98$0
Jan 199605,39317.07$0
Dec 199505,79217.19$0
Nov 199505,48116.00$0
Oct 199506,47815.43$0
Sep 199505,69916.18$0
Aug 199506,59815.92$0
Jul 199506,55515.24$0
Jun 199504,60416.41$0
May 199507,49417.56$0
Apr 199506,33617.73$0
Mar 199503,02816.44$0
Feb 199504,76916.58$0
Jan 199505,54715.92$0
Dec 199406,30215.03$0
Nov 199407,68815.90$0
Oct 199402,73915.58$0
Sep 19940015.29$0
Aug 199406,63716.13$0
Jul 199407,50917.56$0
Jun 199403,46117.09$0
May 199406,83815.88$0
Apr 199404,62214.14$0
Mar 199405,48612.46$0
Feb 199406,66212.50$0
Jan 199403,56112.66$0
Dec 199306,06312.33$0
Nov 199304,10214.49$0
Oct 199306,07515.85$0
Sep 199306,00715.03$0
Aug 199306,14915.66$0
Jul 199306,40515.46$0
Jun 199306,58216.79$0
May 199307,42917.68$0
Apr 199307,27718.05$0
Mar 199307,28318.14$0
Feb 199305,94217.90$0
Jan 199307,10416.93$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.

Jun 2004 — as filed, then multipliedworked
Condensate           122 bbl  × $ 36.10 =     $4,404
Gas                    9 Mcf  × $  6.43 =        $58

────────────────────────────────────────────────────
Month total                                   $4,462

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/90648 is the state's own key, not one this site invented.