CRANFORD

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the TOOLAN (PETTIT 7500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108944District 06Field 90705750NGPA filingCondensateGasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1983-08-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 1-1-95.

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
CondensateDisposition3,378 bbl$120,994
GasProduction851,989 Mcf$2,762,697
Total$2,883,691

199,285 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 31.7839, -94.5102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78394, -94.51024 · 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
7,875 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 7,875 ft.

Completions filed
Aug 1983
1 of 1 wells

1 well

42-3473103917,875 ftAug 1983

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 2026016106.413.05$49
Apr 2026089698.932.87$2,571
Mar 2026568189.753.15$2,594
Feb 2026071863.503.75$2,693
Jan 2026690059.138.00$7,553
Dec 2025090156.664.41$3,976
Nov 2025089458.593.93$3,510
Oct 2025799859.383.30$3,714
Sep 202501,02662.743.08$3,157
Aug 202501,20363.933.01$3,627
Jul 202571,10466.743.32$4,127
Jun 202571,10466.483.13$3,919
May 202501,09360.553.23$3,533
Apr 202501,29962.363.54$4,603
Mar 202561,24467.704.27$5,716
Feb 2025078670.884.34$3,412
Jan 2025096874.324.28$4,142
Dec 2024994568.993.12$3,571
Nov 202401,14869.052.20$2,524
Oct 2024101,18171.372.28$3,408
Sep 202401,02569.612.36$2,423
Aug 202491,18375.632.06$3,122
Jul 202481,10679.932.15$3,014
Jun 202401,51978.082.63$4,001
May 20240078.812.20$0
Apr 2024061284.451.66$1,015
Mar 2024131,00880.301.55$2,601
Feb 20241698676.091.78$2,976
Jan 202401,02373.023.30$3,374
Dec 202301,15571.262.61$3,015
Nov 2023201,18577.892.81$4,885
Oct 202301,00885.443.09$3,112
Sep 202301,05889.042.74$2,894
Aug 202301,42980.522.67$3,820
Jul 2023171,09074.852.64$4,152
Jun 2023092568.962.26$2,089
May 2023191,11070.622.23$3,814
Apr 202301,19778.122.24$2,679
Mar 202301,18272.852.39$2,829
Feb 2023171,11075.112.47$4,014
Jan 2023087976.533.39$2,978
Dec 202201,23776.415.73$7,087
Nov 202201,39685.005.65$7,882
Oct 202201,30987.185.86$7,676
Sep 202201,07084.888.16$8,735
Aug 202201,32894.529.13$12,121
Jul 202201,450101.587.54$10,936
Jun 202201,639115.097.98$13,075
May 202201,095109.378.43$9,234
Apr 202201,104104.226.84$7,549
Mar 202201,185108.885.08$6,016
Feb 202201,17491.054.86$5,704
Jan 202221,24381.844.54$5,804
Dec 202101,19671.323.90$4,663
Nov 2021494277.435.24$5,243
Oct 202101,04979.795.71$5,994
Sep 202131,40769.865.35$7,738
Aug 2021382266.024.22$3,667
Jul 202101,43970.783.98$5,730
Jun 202131,01069.493.38$3,623
May 202101,06763.483.02$3,220
Apr 2021266860.362.76$1,963
Mar 20210261.302.72$5
Feb 20213157.805.55$179
Jan 2021061350.412.81$1,723
Dec 202001,30344.642.68$3,486
Nov 202001,71538.772.71$4,642
Oct 2020088536.972.48$2,193
Sep 202001,44537.091.99$2,877
Aug 202001,45539.982.39$3,470
Jul 202001,60338.371.83$2,926
Jun 202001,79534.901.69$3,034
May 202001,56016.921.81$2,831
Apr 202041,44714.751.80$2,670
Mar 202002,09330.341.86$3,885
Feb 202002,14749.881.98$4,253
Jan 202012,15457.252.09$4,569
Dec 201911,92159.012.30$4,486
Nov 201901,93955.302.75$5,334
Oct 201922,03553.472.42$5,029
Sep 2019112,09855.052.66$6,181
Aug 201902,20153.112.30$5,072
Jul 2019132,06056.272.46$5,799
Jun 201921,55052.782.49$3,967
May 201911,61158.482.74$4,473
Apr 201901,62462.632.75$4,467
Mar 201901,46956.803.06$4,498
Feb 201901,25550.852.79$3,504
Jan 201901,69346.033.23$5,465
Dec 201802,10346.594.19$8,802
Nov 201801,37452.934.24$5,822
Oct 20180461.443.40$14
Sep 20180359.543.11$9
Aug 201801,15959.403.07$3,554
Jul 201801,12865.142.93$3,307
Jun 2018091560.183.08$2,815
May 201801,32865.382.90$3,852
Apr 2018096663.842.90$2,802
Mar 2018091961.222.79$2,561
Feb 201801,23361.782.77$3,411
Jan 2018083962.874.01$3,364
Dec 2017063157.272.92$1,843
Nov 2017061255.423.12$1,908
Oct 2017083749.292.98$2,497
Sep 201701,00847.523.09$3,112
Aug 201701,02345.373.00$3,074
Jul 201701,13743.873.09$3,510
Jun 201701,12642.493.09$3,476
May 2017066345.373.26$2,164
Apr 2017017447.933.21$559
Mar 2017068646.772.98$2,047
Feb 2017070850.452.95$2,090
Jan 2017082849.413.42$2,831
Dec 2016070748.763.72$2,632
Nov 2016067142.492.64$1,774
Oct 2016076946.193.09$2,376
Sep 201601,13841.553.10$3,529
Aug 201601,24141.442.92$3,629
Jul 201601,14141.622.92$3,337
Jun 2016013445.352.69$360
May 201601,24842.521.99$2,485
Apr 201601,19136.561.99$2,371
Mar 201601,18433.011.79$2,124
Feb 2016087826.472.06$1,812
Jan 201601,39127.352.36$3,289
Dec 201501,38332.362.00$2,768
Nov 201501,58338.792.17$3,431
Oct 201501,45143.552.43$3,521
Sep 201501,45542.992.76$4,014
Aug 201501,60040.162.87$4,596
Jul 201501,58348.152.95$4,662
Jun 201511,53556.152.88$4,481
May 201571,67655.212.96$5,340
Apr 201551,98849.822.71$5,630
Mar 201561,84642.892.93$5,675
Feb 201501,88044.662.98$5,595
Jan 201581,73243.433.10$5,718
Dec 201471,38254.693.59$5,346
Nov 2014101,30270.464.25$6,241
Oct 2014111,69478.303.90$7,470
Sep 201401,74386.164.05$7,051
Aug 2014181,81989.394.04$8,949
Jul 201401,83796.564.18$7,678
Jun 201481,62598.164.74$8,483
May 201441,67994.734.73$8,315
Apr 201451,67595.944.81$8,535
Mar 201441,88795.895.06$9,926
Feb 201451,78297.406.19$11,521
Jan 201431,79890.404.86$9,011
Dec 201302,40491.824.35$10,468
Nov 201302,23488.853.74$8,351
Oct 201302,25597.423.78$8,522
Sep 201302,241104.113.72$8,331
Aug 201302,217104.253.52$7,810
Jul 201302,064102.523.72$7,673
Jun 201301,83094.403.93$7,198
May 201302,00094.834.15$8,298
Apr 201302,11993.964.28$9,075
Mar 201302,47193.623.91$9,669
Feb 201302,41291.233.42$8,249
Jan 201302,40091.603.42$8,208
Dec 201202,74686.773.42$9,392
Nov 201202,80886.953.62$10,179
Oct 201202,92989.383.40$9,958
Sep 201202,89794.672.92$8,455
Aug 201202,88492.662.91$8,387
Jul 201202,72285.133.02$8,223
Jun 201202,68579.822.52$6,764
May 201202,85191.612.49$7,094
Apr 201203,309101.652.00$6,607
Mar 201228390105.052.22$3,808
Feb 201201,468101.102.57$3,773
Jan 201202,21698.092.73$6,059
Dec 201102,00096.873.24$6,479
Nov 201102,05295.723.31$6,795
Oct 201102,17984.983.65$7,950
Sep 201102,19683.623.99$8,753
Aug 201102,23183.404.15$9,257
Jul 201102,22294.144.52$10,037
Jun 201102,24692.904.64$10,421
May 201102,44698.134.40$10,774
Apr 201102,491105.964.33$10,794
Mar 201102,71096.364.06$10,995
Feb 201102,32485.644.18$9,714
Jan 201102,70586.504.59$12,413
Dec 201002,30585.734.35$10,022
Nov 201001,76780.843.80$6,706
Oct 201002,10478.103.51$7,383
Sep 201001,95572.633.98$7,780
Aug 201001,68573.684.42$7,447
Jul 20101592,10772.554.74$21,515
Jun 201002,31970.364.91$11,387
May 201002,39471.124.24$10,139
Apr 201002,26481.694.12$9,334
Mar 201002,30178.394.39$10,098
Feb 201002,13573.585.44$11,619
Jan 201002,50274.365.96$14,922
Dec 200902,67671.445.48$14,675
Nov 200902,51874.593.75$9,446
Oct 200902,66772.544.11$10,962
Sep 200902,11065.543.06$6,467
Aug 200902,81867.423.22$9,070
Jul 200902,88061.133.46$9,978
Jun 200902,76466.163.90$10,766
May 200912,95254.743.93$11,644
Apr 200902,57646.773.59$9,241
Mar 200902,65442.144.06$10,773
Feb 200902,53532.814.63$11,745
Jan 200902,96135.865.37$15,904
Dec 200802,93437.105.98$17,537
Nov 200802,77155.496.86$19,010
Oct 200803,35775.246.92$23,237
Sep 200803,392101.767.88$26,719
Aug 200804,179114.228.48$35,451
Jul 200802,463131.0811.39$28,052
Jun 20080822131.3313.03$10,713
May 200802,846123.1711.57$32,940
Apr 200802,339110.3110.45$24,454
Mar 20080168101.909.66$1,624
Feb 200818832792.538.77$20,264
Jan 2008065590.388.21$5,375
Dec 200711,01588.337.30$7,500
Nov 200701,67391.677.29$12,199
Oct 200701,62382.856.92$11,234
Sep 200701,98875.846.24$12,413
Aug 200701,38469.066.39$8,841
Jul 200702,19270.906.39$14,002
Jun 200703,28562.007.55$24,797
May 200702,66758.747.85$20,926
Apr 200701,28559.617.81$10,030
Mar 200701,86556.927.30$13,618
Feb 200702,46155.108.22$20,220
Jan 200703,09950.306.73$20,847
Dec 200603,11256.656.92$21,530
Nov 200603,21854.207.62$24,513
Oct 200603,32054.906.01$19,966
Sep 200603,58660.085.04$18,063
Aug 200603,69068.717.34$27,084
Jul 20061843,47169.376.34$34,780
Jun 200601,13866.286.38$7,265
May 200601,79466.016.42$11,526
Apr 200601,73364.397.36$12,756
Mar 200602,62956.707.08$18,621
Feb 200602,04857.597.75$15,874
Jan 200601,60760.598.93$14,356
Dec 200501,79154.9413.42$24,027
Nov 200501,76354.6910.59$18,667
Oct 200502,38558.3413.80$32,903
Sep 200501,27361.4512.08$15,377
Aug 200501,35661.519.80$13,285
Jul 200501,75855.697.84$13,789
Jun 200502,94652.337.38$21,745
May 200501,07045.226.65$7,117
Apr 20051821,34249.207.36$18,832
Mar 200501,51150.377.15$10,811
Feb 200502,09045.226.31$13,192
Jan 200502,72743.166.32$17,241
Dec 200401,33339.866.75$8,999
Nov 200401,65145.286.33$10,452
Oct 200402,12249.706.52$13,825
Sep 200403,02443.245.28$15,979
Aug 200402,59642.375.55$14,410
Jul 200401,16338.286.08$7,076
Jun 200401,53836.106.43$9,894
May 200401,13437.486.49$7,365
Apr 200401,49934.475.86$8,782
Mar 200401,76634.365.53$9,766
Feb 200401,29732.455.51$7,146
Jan 200401,27632.036.30$8,038
Dec 200302,09930.266.30$13,227
Nov 200302,43928.804.60$11,208
Oct 200302,14828.174.76$10,224
Sep 200301,29626.314.75$6,155
Aug 20031801,65929.765.13$13,867
Jul 200302,33129.415.17$12,053
Jun 200301,61528.565.98$9,662
May 200301,18726.595.97$7,090
Apr 200301,62026.675.41$8,760
Mar 200301,42431.146.10$8,681
Feb 200301,22933.487.93$9,741
Jan 200301,86430.315.58$10,405
Dec 200201,75526.914.85$8,518
Nov 200202,20924.664.14$9,139
Oct 200201,87326.464.23$7,921
Sep 200202,07327.443.64$7,536
Aug 200201,61625.963.16$5,113
Jul 200201,87424.583.06$5,738
Jun 200201,78023.733.34$5,942
May 20021821,22124.663.58$8,864
Apr 200201,46623.653.51$5,149
Mar 200201,24922.003.10$3,875
Feb 200201,14018.222.38$2,708
Jan 200201,35917.172.38$3,229
Dec 200101,42016.932.36$3,357
Nov 200101,74018.072.41$4,186
Oct 200101,67319.782.53$4,231
Sep 200101,97124.262.25$4,437
Aug 200101,78724.873.05$5,456
Jul 200102,00723.933.20$6,417
Jun 200102,72124.563.82$10,406
May 200101,86825.524.31$8,046
Apr 20011852,29824.685.34$16,826
Mar 200102,18024.545.38$11,721
Feb 200102,55427.755.77$14,729
Jan 200102,46827.478.40$20,728
Dec 200003,38626.889.12$30,889
Nov 2000059332.215.66$3,355
Oct 2000043931.235.15$2,259
Sep 200001,09831.875.19$5,695
Aug 200001,64229.644.54$7,456
Jul 200002,39128.534.09$9,779
Jun 200001,85829.304.40$8,170
May 200001,93627.263.68$7,124
Apr 200001,77124.513.12$5,518
Mar 200001,57028.422.86$4,490
Feb 200001,44127.622.73$3,929
Jan 200002,54425.272.48$6,310
Dec 199902,62024.282.42$6,350
Nov 199902,59223.192.43$6,309
Oct 199902,61920.982.80$7,343
Sep 19991822,53321.752.62$10,592
Aug 199902,75719.262.88$7,928
Jul 199902,68517.892.37$6,370
Jun 199903,23615.942.36$7,644
May 199903,44615.792.32$7,998
Apr 199903,34615.102.21$7,388
Mar 199903,38712.471.84$6,226
Feb 199902,9599.981.82$5,379
Jan 199903,30210.381.90$6,274
Dec 199803,2809.201.77$5,816
Nov 199803,36710.892.19$7,359
Oct 199803,23812.421.97$6,376
Sep 199803,32912.592.08$6,933
Aug 19981193,46511.301.91$7,954
Jul 199803,48211.742.24$7,790
Jun 199803,26811.242.24$7,311
May 199803,54812.622.21$7,828
Apr 199803,47113.042.51$8,696
Mar 199803,42712.802.31$7,914
Feb 199803,19013.952.30$7,334
Jan 19981773,56914.702.15$10,292
Dec 199703,79916.322.41$9,160
Nov 199702,97318.193.09$9,181
Oct 199703,75519.253.15$11,828
Sep 199703,66117.742.95$10,818
Aug 199703,71917.862.55$9,501
Jul 199703,69717.582.25$8,307
Jun 199703,50217.242.26$7,905
May 199703,80518.972.31$8,784
Apr 199703,73117.882.08$7,771
Mar 19971963,84218.951.94$11,164
Feb 199703,37920.492.21$7,454
Jan 199703,56223.483.54$12,608
Dec 199603,73923.32$0
Nov 199603,71021.97$0
Oct 199603,80023.31$0
Sep 199603,82022.22$0
Aug 199603,79320.26$0
Jul 199603,98419.55$0
Jun 199603,82918.73$0
May 199603,89719.43$0
Apr 19961833,70221.51$3,936
Mar 199603,24419.38$0
Feb 199603,53716.98$0
Jan 199603,90117.07$0
Dec 199503,93617.19$0
Nov 199503,97616.00$0
Oct 199504,08115.43$0
Sep 199503,44416.18$0
Aug 199504,09715.92$0
Jul 19951673,95815.24$2,545
Jun 199503,53716.41$0
May 199504,06017.56$0
Apr 199504,11417.73$0
Mar 199504,28116.44$0
Feb 199503,43816.58$0
Jan 199504,13315.92$0
Dec 199404,04815.03$0
Nov 19941644,14215.90$2,608
Oct 199403,65915.58$0
Sep 199404,14815.29$0
Aug 199404,57116.13$0
Jul 199404,59117.56$0
Jun 199404,41517.09$0
May 199404,44015.88$0
Apr 199404,63714.14$0
Mar 19941854,77812.46$2,305
Feb 199402,51512.50$0
Jan 199404,32312.66$0
Dec 199304,55812.33$0
Nov 199304,00614.49$0
Oct 199304,70015.85$0
Sep 19931904,05515.03$2,856
Aug 199304,71115.66$0
Jul 199304,90815.46$0
Jun 199304,55916.79$0
May 199304,84417.68$0
Apr 199304,83018.05$0
Mar 199305,21218.14$0
Feb 199304,91817.90$0
Jan 19931925,70616.93$3,251

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                   16 Mcf  × $  3.05 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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. 06/G/108944 is the state's own key, not one this site invented.