ELLIS -B-

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

Gas lease lease 97935District 05Field 06476700NGPA filingCondensateGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$7 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 140 leases and 140 wells, and the rule below applies to all of them.

Discovered
1979-10-16
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-08-14.

The Commission's schedule remark for this field reads: FOR PRORATION PURPOSES.

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
CondensateDisposition931 bbl$50,360
GasProduction418,032 Mcf$1,748,576
Total$1,798,935

70,169 Mcf of this lease's gas, across 46 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 31.3436, -96.2689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34355, -96.26887 · 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
10,500 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 10,500 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-28930497110,500 ftNov 2009

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 2026017106.413.05$52
Apr 2026016498.932.87$471
Mar 2026015889.753.15$498
Feb 2026015263.503.75$570
Jan 2026015459.138.00$1,232
Dec 2025016956.664.41$746
Nov 2025016858.593.93$660
Oct 2025011159.383.30$367
Sep 2025015362.743.08$471
Aug 2025017263.933.01$519
Jul 2025027866.743.32$922
Jun 2025025966.483.13$810
May 202502260.553.23$71
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021054161.302.72$1,470
Feb 202109857.805.55$544
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019012756.272.46$312
Jun 2019014252.782.49$354
May 2019014658.482.74$400
Apr 2019014462.632.75$396
Mar 2019019456.803.06$594
Feb 2019020650.852.79$575
Jan 201909246.033.23$297
Dec 2018013046.594.19$544
Nov 201809052.934.24$381
Oct 2018014161.443.40$479
Sep 2018118159.543.11$622
Aug 2018020559.403.07$629
Jul 2018116765.142.93$555
Jun 2018314560.183.08$627
May 2018014265.382.90$412
Apr 2018214063.842.90$534
Mar 2018318961.222.79$710
Feb 2018015061.782.77$415
Jan 2018012062.874.01$481
Dec 2017012357.272.92$359
Nov 2017217755.423.12$663
Oct 2017222749.292.98$776
Sep 2017018847.523.09$580
Aug 2017014045.373.00$421
Jul 2017314243.873.09$570
Jun 2017217542.493.09$625
May 2017620045.373.26$925
Apr 2017021947.933.21$703
Mar 2017825446.772.98$1,132
Feb 2017433250.452.95$1,182
Jan 2017623849.413.42$1,110
Dec 2016025248.763.72$938
Nov 2016622142.492.64$839
Oct 2016022146.193.09$683
Sep 2016326841.553.10$956
Aug 2016331441.442.92$1,043
Jul 2016325741.622.92$876
Jun 2016331745.352.69$987
May 2016330542.521.99$735
Apr 2016228136.561.99$633
Mar 2016532533.011.79$748
Feb 2016328726.472.06$672
Jan 2016330627.352.36$806
Dec 2015637632.362.00$947
Nov 2015339738.792.17$977
Oct 2015341443.552.43$1,135
Sep 2015524142.992.76$880
Aug 2015234840.162.87$1,080
Jul 2015231248.152.95$1,015
Jun 2015528056.152.88$1,088
May 2015029755.212.96$878
Apr 2015539749.822.71$1,324
Mar 2015233342.892.93$1,063
Feb 2015526944.662.98$1,024
Jan 2015426643.433.10$998
Dec 2014128154.693.59$1,064
Nov 2014227770.464.25$1,319
Oct 2014231878.303.90$1,397
Sep 2014425286.164.05$1,364
Aug 2014031089.394.04$1,251
Jul 2014034796.564.18$1,450
Jun 2014029498.164.74$1,393
May 2014129994.734.73$1,508
Apr 2014744495.944.81$2,807
Mar 2014636895.895.06$2,436
Feb 2014739997.406.19$3,152
Jan 2014339290.404.86$2,177
Dec 2013537491.824.35$2,088
Nov 2013332888.853.74$1,493
Oct 2013540797.423.78$2,025
Sep 20136438104.113.72$2,253
Aug 20134386104.253.52$1,777
Jul 20133355102.523.72$1,627
Jun 2013239694.403.93$1,746
May 2013339594.834.15$1,923
Apr 2013031993.964.28$1,366
Mar 2013039193.623.91$1,530
Feb 2013039191.233.42$1,337
Jan 2013054291.603.42$1,854
Dec 2012048186.773.42$1,645
Nov 2012048086.953.62$1,740
Oct 2012043389.383.40$1,472
Sep 2012095094.672.92$2,772
Aug 2012063692.662.91$1,850
Jul 201201,04785.133.02$3,163
Jun 201201,00279.822.52$2,524
May 201201,12091.612.49$2,787
Apr 201201,449101.652.00$2,893
Mar 201201,831105.052.22$4,069
Feb 20120946101.102.57$2,431
Jan 20122098.092.73$196
Dec 2011444496.873.24$1,826
Nov 2011943595.723.31$2,302
Oct 20111242384.983.65$2,563
Sep 2011654083.623.99$2,654
Aug 2011981483.404.15$4,128
Jul 2011141,07594.144.52$6,174
Jun 2011061892.904.64$2,867
May 2011960998.134.40$3,566
Apr 201114665105.964.33$4,365
Mar 2011070496.364.06$2,856
Feb 2011960285.644.18$3,287
Jan 2011056586.504.59$2,593
Dec 20102283085.734.35$5,495
Nov 201001,05380.843.80$3,996
Oct 2010161,18878.103.51$5,418
Sep 2010151,60972.633.98$7,492
Aug 2010111,70473.684.42$8,341
Jul 2010962972.554.74$3,632
Jun 2010027470.364.91$1,345
May 2010036571.124.24$1,546
Apr 2010079781.694.12$3,286
Mar 2010291,50578.394.39$8,878
Feb 2010501,92673.585.44$14,161
Jan 201022,01474.365.96$12,160
Dec 200912,27271.445.48$12,531
Nov 200923,47474.593.75$13,182
Oct 2009062672.544.11$2,573
Sep 2009077565.543.06$2,375
Aug 2009164467.423.22$2,140
Jul 2009079961.133.46$2,768
Jun 2009074966.163.90$2,917
May 2009090854.743.93$3,565
Apr 2009072346.773.59$2,594
Mar 2009051142.144.06$2,074
Feb 2009062832.814.63$2,910
Jan 2009074835.865.37$4,018
Dec 2008059837.105.98$3,574
Nov 2008261,15555.496.86$9,366
Oct 200801,20075.246.92$8,306
Sep 200821,275101.767.88$10,247
Aug 200801,094114.228.48$9,280
Jul 200811,348131.0811.39$15,484
Jun 200801,269131.3313.03$16,538
May 200811,488123.1711.57$17,346
Apr 200801,482110.3110.45$15,494
Mar 200801,392101.909.66$13,452
Feb 200822,16392.538.77$19,156
Jan 200801,25690.388.21$10,306
Dec 200701,05588.337.30$7,704
Nov 200702,05091.677.29$14,948
Oct 200702,21382.856.92$15,318
Sep 200701,22975.846.24$7,674
Aug 200701,40269.066.39$8,956
Jul 200701,47270.906.39$9,403
Jun 200701,30762.007.55$9,866
May 2007097658.747.85$7,658
Apr 2007078759.617.81$6,143
Mar 2007090956.927.30$6,637
Feb 200701,33455.108.22$10,960
Jan 200701,71650.306.73$11,543
Dec 200601,32556.656.92$9,167
Nov 200601,26454.207.62$9,628
Oct 200602,17954.906.01$13,104
Sep 200601,72160.085.04$8,669
Aug 200602,34468.717.34$17,205
Jul 200602,00369.376.34$12,705
Jun 2006098066.286.38$6,256
May 200601,11766.016.42$7,177
Apr 200601,21664.397.36$8,950
Mar 200601,58956.707.08$11,255
Feb 200601,55957.597.75$12,084
Jan 200602,66360.598.93$23,789
Dec 200502,38354.9413.42$31,969
Nov 200501,96654.6910.59$20,817
Oct 20051402,33258.3413.80$40,339
Sep 200501,51561.4512.08$18,300
Aug 200501,95061.519.80$19,104
Jul 200501,99655.697.84$15,656
Jun 200501,86652.337.38$13,773
May 200502,62245.226.65$17,439
Apr 200502,07849.207.36$15,295
Mar 200502,42650.377.15$17,358
Feb 2005331,90845.226.31$13,535
Jan 200512,24643.166.32$14,243
Dec 200401,42939.866.75$9,647
Nov 200401,45245.286.33$9,192
Oct 200402,02549.706.52$13,193
Sep 200402,15143.245.28$11,366
Aug 200402,19142.375.55$12,162
Jul 200402,58038.286.08$15,697
Jun 200402,69336.106.43$17,324
May 200402,47937.486.49$16,100
Apr 200402,38434.475.86$13,967
Mar 200401,88434.365.53$10,419
Feb 200401,85932.455.51$10,242
Jan 200402,27932.036.30$14,357
Dec 200302,28730.266.30$14,412
Nov 200301,75128.804.60$8,046
Oct 200303,86428.174.76$18,391
Sep 200302,43226.314.75$11,550
Aug 200301,69629.765.13$8,700
Jul 200302,00829.415.17$10,383
Jun 200302,07628.565.98$12,421
May 200302,58626.595.97$15,445
Apr 200302,69226.675.41$14,556
Mar 200302,70831.146.10$16,508
Feb 200342,56833.487.93$20,488
Jan 2003132,73230.315.58$15,644
Dec 200202,86526.914.85$13,906
Nov 200202,96124.664.14$12,250
Oct 2002103,14426.464.23$13,561
Sep 200202,72327.443.64$9,899
Aug 200202,86325.963.16$9,059
Jul 2002193,06024.583.06$9,836
Jun 200202,63323.733.34$8,790
May 2002502,41324.663.58$9,881
Apr 200201,65123.653.51$5,799
Mar 200202,44722.003.10$7,592
Feb 2002372,06818.222.38$5,587
Jan 200201,40917.172.38$3,347
Dec 2001131,18916.932.36$3,031
Nov 200101,67818.072.41$4,036
Oct 200101,93619.782.53$4,896
Sep 200103,63524.262.25$8,184
Aug 200103,35724.873.05$10,249
Jul 200103,90823.933.20$12,494
Jun 200103,38624.563.82$12,949
May 200104,78625.524.31$20,615
Apr 200105,35524.685.34$28,571
Mar 200103,97624.545.38$21,377
Feb 200103,79427.755.77$21,880
Jan 200105,66527.478.40$47,579
Dec 200004,42026.889.12$40,321
Nov 200002,63932.215.66$14,931
Oct 200002,37431.235.15$12,215
Sep 200002,24231.875.19$11,628
Aug 200002,27129.644.54$10,312
Jul 200041028.534.09$1,170
Jun 200005329.304.40$233
May 200001,84627.263.68$6,793
Apr 200002,16824.513.12$6,755
Mar 200001,90828.422.86$5,456
Feb 200002,08127.622.73$5,674
Jan 200002,13925.272.48$5,306
Dec 1999741,56224.282.42$5,583
Nov 199901,21623.192.43$2,960
Oct 1999038620.982.80$1,082
Sep 1999063621.752.62$1,666
Aug 199901,04619.262.88$3,008
Jul 199901,03617.892.37$2,458
Jun 1999061715.942.36$1,457
May 19990015.792.32$0
Apr 1999164015.102.21$1,428
Mar 199901,49812.471.84$2,754
Feb 199901,0409.981.82$1,891
Jan 199901,61910.381.90$3,076
Dec 199801,5309.201.77$2,713
Nov 1998092810.892.19$2,028
Oct 199801,25312.421.97$2,467
Sep 199801,15612.592.08$2,408
Aug 199801,13011.301.91$2,155
Jul 199801,22011.742.24$2,729
Jun 199801,04211.242.24$2,331
May 199801,57212.622.21$3,468
Apr 199801,50913.042.51$3,781
Mar 199802,55112.802.31$5,891
Feb 199801,28613.952.30$2,957
Jan 199801,91014.702.15$4,116
Dec 199702,33616.322.41$5,632
Nov 199701,55918.193.09$4,815
Oct 199702,09019.253.15$6,583
Sep 199701,93917.742.95$5,730
Aug 199702,43317.862.55$6,216
Jul 199702,27017.582.25$5,101
Jun 199702,42017.242.26$5,462
May 199701,15718.972.31$2,671
Apr 199701,30417.882.08$2,716
Mar 199701,22918.951.94$2,383
Feb 199701,53920.492.21$3,395
Jan 199701,44823.483.54$5,125
Dec 199601,68623.32$0
Nov 199601,45721.97$0
Oct 199601,95023.31$0
Sep 19960022.22$0
Aug 199601,11520.26$0
Jul 199601,35619.55$0
Jun 199601,16818.73$0
May 199601,36419.43$0
Apr 199601,67021.51$0
Mar 199601,35419.38$0
Feb 199601,44216.98$0
Jan 199601,13117.07$0
Dec 199501,50017.19$0
Nov 199501,48316.00$0
Oct 199501,92915.43$0
Sep 199501,77716.18$0
Aug 1995073415.92$0
Jul 199501,24015.24$0
Jun 199501,38416.41$0
May 199501,75517.56$0
Apr 199501,48717.73$0
Mar 1995083116.44$0
Feb 199501,31216.58$0
Jan 199502,45215.92$0
Dec 199402,23215.03$0
Nov 199403,08215.90$0
Oct 199401,74915.58$0
Sep 19940015.29$0
Aug 199401,09216.13$0
Jul 199401,45217.56$0
Jun 1994088117.09$0
May 199401,34115.88$0
Apr 199401,04514.14$0
Mar 199401,17412.46$0
Feb 199401,04012.50$0
Jan 199401,63312.66$0
Dec 199301,80312.33$0
Nov 199301,06414.49$0
Oct 199301,40715.85$0
Sep 199301,41915.03$0
Aug 199301,79215.66$0
Jul 1993096115.46$0
Jun 199301,09416.79$0
May 1993341,74417.68$601
Apr 199302,45918.05$0
Mar 199302,20018.14$0
Feb 199301,58717.90$0
Jan 199302,34116.93$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                   17 Mcf  × $  3.05 =        $52

────────────────────────────────────────────────────
Month total                                      $52

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/97935 is the state's own key, not one this site invented.