CASTELLAW

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the CEDAR SPRINGS (COT. VALLEY, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 109829District 06Field 16613175Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$5.0 M
Jan 1993 – Jun 2017
Value, last 12 filed months
$959
at the published price for each month
Months reported
294
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1981-04-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 1986-01-13.

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The Commission's schedule remark for this field reads: FIELD RULES RESCINDED EFF. 1-13-86 PER DOCKET #6-86515.

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
CondensateDisposition6,595 bbl$229,453
GasProduction1,394,428 Mcf$4,781,580
Total$5,011,034

422,215 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 32.8420, -94.8152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.84204, -94.81517 · 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
100.0%
1 of 1 wells
Median depth
12,050 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
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 12,050 ft.

Plug dates filed
Mar 2012
1 of 1 wells

1 well

42-45930607112,050 ftMar 2012Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201720047.933.21$959
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010225071.124.24$16,002
Apr 20100981.694.12$37
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009082671.445.48$4,530
Nov 2009022074.593.75$825
Oct 200906072.544.11$247
Sep 20090365.543.06$9
Aug 200902267.423.22$71
Jul 200901161.133.46$38
Jun 200901366.163.90$51
May 200901554.743.93$59
Apr 200908446.773.59$301
Mar 200902,27442.144.06$9,230
Feb 200923,81932.814.63$17,759
Jan 200904,55135.865.37$24,443
Dec 200803,40837.105.98$20,370
Nov 200813,32855.496.86$22,887
Oct 200804,12775.246.92$28,567
Sep 200803,402101.767.88$26,798
Aug 200804,250114.228.48$36,053
Jul 200803,279131.0811.39$37,346
Jun 200803,295131.3313.03$42,943
May 20081783,653123.1711.57$64,205
Apr 200804,237110.3110.45$44,297
Mar 200802,841101.909.66$27,456
Feb 200803,43292.538.77$30,101
Jan 200804,76390.388.21$39,084
Dec 200723,49088.337.30$25,661
Nov 200703,04291.677.29$22,181
Oct 200735,23482.856.92$36,478
Sep 20071986,17675.846.24$53,580
Aug 200724,53869.066.39$29,127
Jul 200705,83370.906.39$37,261
Jun 20071925,59362.007.55$54,122
May 200724,30958.747.85$33,927
Apr 200703,15759.617.81$24,641
Mar 200706,35256.927.30$46,382
Feb 200706,22355.108.22$51,128
Jan 20071938,26550.306.73$65,305
Dec 200605,04556.656.92$34,904
Nov 200604,69854.207.62$35,787
Oct 200614,57754.906.01$27,580
Sep 200615,52460.085.04$27,886
Aug 200616,71468.717.34$49,349
Jul 20062085,70569.376.34$50,614
Jun 200604,77666.286.38$30,489
May 200603,86566.016.42$24,833
Apr 200603,57764.397.36$26,328
Mar 200614,24356.707.08$30,110
Feb 200605,06457.597.75$39,252
Jan 200617,41360.598.93$66,283
Dec 20052027,79454.9413.42$115,658
Nov 200536,23154.6910.59$66,140
Oct 200506,01758.3413.80$83,009
Sep 200504,86261.4512.08$58,728
Aug 200502,98861.519.80$29,273
Jul 200507,00555.697.84$54,945
Jun 20051915,57852.337.38$51,166
May 200506,57545.226.65$43,731
Apr 200507,60549.207.36$55,976
Mar 20052077,20850.377.15$61,999
Feb 200507,65145.226.31$48,293
Jan 200508,79243.166.32$55,585
Dec 200405,91239.866.75$39,912
Nov 200406,62045.286.33$41,907
Oct 200436,42249.706.52$41,989
Sep 200403,76243.245.28$19,878
Aug 200403,31142.375.55$18,378
Jul 20041957,57038.286.08$53,522
Jun 200408,03536.106.43$51,689
May 200408,29137.486.49$53,847
Apr 20041727,40234.475.86$49,293
Mar 200418,81534.365.53$48,783
Feb 200409,46832.455.51$52,165
Jan 200406,23932.036.30$39,303
Dec 200303,95730.266.30$24,936
Nov 200305,47128.804.60$25,140
Oct 20031938,30028.174.76$44,942
Sep 200308,70226.314.75$41,329
Aug 200308,39629.765.13$43,069
Jul 2003310,92029.415.17$56,554
Jun 200305,95228.565.98$35,611
May 20031955,52326.595.97$38,172
Apr 200307,68426.675.41$41,550
Mar 200308,11731.146.10$49,482
Feb 200307,44433.487.93$59,000
Jan 20032138,16530.315.58$52,033
Dec 200206,82526.914.85$33,127
Nov 200206,19524.664.14$25,628
Oct 200208,48726.464.23$35,893
Sep 2002110,00827.443.64$36,409
Aug 20022087,15325.963.16$28,033
Jul 200238,37924.583.06$25,728
Jun 200249,74523.733.34$32,626
May 200224,95624.663.58$17,812
Apr 200207,28123.653.51$25,573
Mar 20022138,00322.003.10$29,517
Feb 200207,50918.222.38$17,839
Jan 200239,69017.172.38$23,072
Dec 200117,09716.932.36$16,797
Nov 20012107,81218.072.41$22,587
Oct 200117,68119.782.53$19,444
Sep 200107,05024.262.25$15,872
Aug 2001310,67124.873.05$32,655
Jul 2001211,33323.933.20$36,280
Jun 200115513,68224.563.82$56,129
May 2001410,51625.524.31$45,398
Apr 200119012,08724.685.34$69,177
Mar 2001111,01124.545.38$59,225
Feb 200118211,20227.755.77$69,653
Jan 200101,94927.478.40$16,369
Dec 200002,78526.889.12$25,406
Nov 2000080732.215.66$4,566
Oct 2000010,91131.235.15$56,143
Sep 2000012,40631.875.19$64,344
Aug 2000213,20729.644.54$60,029
Jul 200020818,34328.534.09$80,953
Jun 200007,18929.304.40$31,612
May 200016119,63327.263.68$76,633
Apr 2000113,39224.513.12$41,754
Mar 200018216,06528.422.86$51,114
Feb 2000011227.622.73$305
Jan 200005,72625.272.48$14,203
Dec 1999074824.282.42$1,813
Nov 199915,60723.192.43$13,671
Oct 199902,28620.982.80$6,409
Sep 199918219,98321.752.62$56,291
Aug 199906,57019.262.88$18,893
Jul 19990617.892.37$14
Jun 1999022215.942.36$524
May 199908,21715.792.32$19,072
Apr 1999011,61215.102.21$25,640
Mar 1999011612.471.84$213
Feb 1999709,1919.981.82$17,406
Jan 199912116,91710.381.90$33,397
Dec 199809,1389.201.77$16,205
Nov 199804,49410.892.19$9,823
Oct 199804,35212.421.97$8,570
Sep 199818587912.592.08$4,160
Aug 19980011.301.91$0
Jul 19980111.742.24$2
Jun 199801011.242.24$22
May 199801,15712.622.21$2,553
Apr 199805,82513.042.51$14,594
Mar 199806,01112.802.31$13,882
Feb 199807,73713.952.30$17,788
Jan 199805,00114.702.15$10,776
Dec 199719,28916.322.41$22,413
Nov 199708,21518.193.09$25,370
Oct 199709,74319.253.15$30,689
Sep 199706,16317.742.95$18,211
Aug 199701,81517.862.55$4,637
Jul 199707,29617.582.25$16,394
Jun 199707,62817.242.26$17,218
May 199707,86318.972.31$18,152
Apr 199708,52917.882.08$17,764
Mar 199708,77918.951.94$17,024
Feb 1997208,50620.492.21$19,173
Jan 199707,29023.483.54$25,804
Dec 199609,26123.32$0
Nov 199606,67621.97$0
Oct 199607,61823.31$0
Sep 199607,82222.22$0
Aug 199609,14320.26$0
Jul 199605,19419.55$0
Jun 199608,14518.73$0
May 199608,37019.43$0
Apr 199608,99721.51$0
Mar 199616,43619.38$19
Feb 1996011,66516.98$0
Jan 1996010,56217.07$0
Dec 199506,14217.19$0
Nov 199507,46516.00$0
Oct 199508,86715.43$0
Sep 199508,17016.18$0
Aug 1995010,81215.92$0
Jul 199508,02315.24$0
Jun 199509,18416.41$0
May 199525,68017.56$35
Apr 199506,33717.73$0
Mar 19951058,95216.44$1,726
Feb 199508,70016.58$0
Jan 19958512,48115.92$1,353
Dec 199409,06015.03$0
Nov 199407,46315.90$0
Oct 199407,09915.58$0
Sep 19942079,41015.29$3,165
Aug 1994011,57316.13$0
Jul 19942058,99717.56$3,600
Jun 1994011,66417.09$0
May 199408,34615.88$0
Apr 199437,55714.14$42
Mar 1994012,21012.46$0
Feb 199407,89212.50$0
Jan 199416510,07412.66$2,089
Dec 1993110,59812.33$12
Nov 199308,26714.49$0
Oct 1993010,87815.85$0
Sep 19931918,50615.03$2,871
Aug 1993508,97615.66$783
Jul 199309,01415.46$0
Jun 199308,54716.79$0
May 199307,99417.68$0
Apr 19931407,11518.05$2,527
Mar 19931349,85218.14$2,431
Feb 199309,68817.90$0
Jan 199318010,73316.93$3,047

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.

Apr 2017 — as filed, then multipliedworked
Condensate            20 bbl  × $ 47.93 =       $959
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                     $959

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/109829 is the state's own key, not one this site invented.