PHILIP COKER

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

Oil lease lease 4274District 05Field 19949500OilSaveExport
Value, all time
$441 k
Jun 2016 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
120
no gaps in the span
Streams
1
oil

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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1985-08-21
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition6,795 bbl$440,859
Total$440,859

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 32.9964, -95.4786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99640, -95.47859 · 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
8,175 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 8,175 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-2233050518,175 ftJun 2016

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 (120)

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

120 months

May 2026158106.413.05$16,813
Apr 20267198.932.87$7,024
Mar 2026189.753.15$90
Feb 2026263.503.75$127
Jan 2026159.138.00$59
Dec 20259656.664.41$5,439
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025162.743.08$63
Aug 20258763.933.01$5,562
Jul 20258066.743.32$5,339
Jun 2025066.483.13$0
May 20256760.553.23$4,057
Apr 2025062.363.54$0
Mar 20259367.704.27$6,296
Feb 20259170.884.34$6,450
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 20249469.052.20$6,491
Oct 2024071.372.28$0
Sep 202410269.612.36$7,100
Aug 2024075.632.06$0
Jul 20249879.932.15$7,833
Jun 20249378.082.63$7,261
May 2024178.812.20$79
Apr 202410384.451.66$8,698
Mar 2024080.301.55$0
Feb 20249176.091.78$6,924
Jan 2024073.023.30$0
Dec 20237471.262.61$5,273
Nov 20238777.892.81$6,776
Oct 2023085.443.09$0
Sep 20239089.042.74$8,014
Aug 20238480.522.67$6,764
Jul 2023074.852.64$0
Jun 20238768.962.26$6,000
May 2023070.622.23$0
Apr 202310078.122.24$7,812
Mar 2023072.852.39$0
Feb 20239575.112.47$7,135
Jan 20239176.533.39$6,964
Dec 20227976.415.73$6,036
Nov 2022085.005.65$0
Oct 20229887.185.86$8,544
Sep 2022084.888.16$0
Aug 20229494.529.13$8,885
Jul 20220101.587.54$0
Jun 202282115.097.98$9,437
May 202296109.378.43$10,500
Apr 20220104.226.84$0
Mar 2022188108.885.08$20,469
Feb 2022091.054.86$0
Jan 20228481.844.54$6,875
Dec 2021071.323.90$0
Nov 20219077.435.24$6,969
Oct 2021079.795.71$0
Sep 20219969.865.35$6,916
Aug 2021066.024.22$0
Jul 202111070.783.98$7,786
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 20219157.805.55$5,260
Jan 2021050.412.81$0
Dec 202014544.642.68$6,473
Nov 2020038.772.71$0
Oct 202010336.972.48$3,808
Sep 2020037.091.99$0
Aug 20203239.982.39$1,279
Jul 2020038.371.83$0
Jun 202010734.901.69$3,734
May 2020016.921.81$0
Apr 20209714.751.80$1,431
Mar 2020030.341.86$0
Feb 202016349.881.98$8,130
Jan 20208957.252.09$5,095
Dec 20194559.012.30$2,655
Nov 2019055.302.75$0
Oct 201910853.472.42$5,775
Sep 2019155.052.66$55
Aug 20199853.112.30$5,205
Jul 20199156.272.46$5,121
Jun 2019052.782.49$0
May 20198958.482.74$5,205
Apr 20198262.632.75$5,136
Mar 20198456.803.06$4,771
Feb 20198850.852.79$4,475
Jan 2019046.033.23$0
Dec 20189146.594.19$4,240
Nov 20189452.934.24$4,975
Oct 2018061.443.40$0
Sep 20189659.543.11$5,716
Aug 20189559.403.07$5,643
Jul 20189865.142.93$6,384
Jun 20188260.183.08$4,935
May 20189765.382.90$6,342
Apr 20189663.842.90$6,129
Mar 2018061.222.79$0
Feb 20189761.782.77$5,993
Jan 201817062.874.01$10,688
Dec 2017057.272.92$0
Nov 20179255.423.12$5,099
Oct 20178649.292.98$4,239
Sep 20178847.523.09$4,182
Aug 20178745.373.00$3,947
Jul 2017043.873.09$0
Jun 20178942.493.09$3,782
May 20178645.373.26$3,902
Apr 20179347.933.21$4,457
Mar 20178746.772.98$4,069
Feb 20178750.452.95$4,389
Jan 201710949.413.42$5,386
Dec 201615548.763.72$7,558
Nov 201614742.492.64$6,246
Oct 2016246.193.09$92
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$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
Oil                  158 bbl  × $106.41 =    $16,813

────────────────────────────────────────────────────
Month total                                  $16,813

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/O/4274 is the state's own key, not one this site invented.