CHILES

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

Gas lease lease 110934District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$23 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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112010-07-27199046
NGPA2none

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
CondensateDisposition8,115 bbl$464,440
GasProduction654,810 Mcf$2,669,167
Total$3,133,606

96,708 Mcf of this lease's gas, across 47 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 32.1155, -95.1476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11548, -95.14760 · 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
12,339 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 12,339 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-07330548312,339 ftMar 2006

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 20260582106.413.05$1,773
Apr 2026053098.932.87$1,521
Mar 2026076589.753.15$2,409
Feb 2026044463.503.75$1,665
Jan 2026042559.138.00$3,399
Dec 2025052256.664.41$2,304
Nov 2025043458.593.93$1,704
Oct 2025056859.383.30$1,877
Sep 2025045062.743.08$1,385
Aug 2025055163.933.01$1,661
Jul 2025052166.743.32$1,727
Jun 2025049766.483.13$1,555
May 2025052960.553.23$1,710
Apr 2025042562.363.54$1,506
Mar 2025045867.704.27$1,955
Feb 2025039870.884.34$1,728
Jan 2025026274.324.28$1,121
Dec 2024018768.993.12$584
Nov 2024017469.052.20$383
Oct 2024032571.372.28$741
Sep 2024025269.612.36$596
Aug 2024021075.632.06$433
Jul 2024021479.932.15$459
Jun 2024035278.082.63$927
May 2024032078.812.20$704
Apr 2024030984.451.66$513
Mar 2024029980.301.55$462
Feb 2024027976.091.78$498
Jan 2024024573.023.30$808
Dec 2023025871.262.61$674
Nov 2023034477.892.81$966
Oct 2023030185.443.09$929
Sep 2023048589.042.74$1,326
Aug 2023054780.522.67$1,462
Jul 2023036274.852.64$956
Jun 2023030368.962.26$684
May 2023054470.622.23$1,212
Apr 2023054078.122.24$1,208
Mar 2023047672.852.39$1,139
Feb 2023038875.112.47$957
Jan 2023030376.533.39$1,026
Dec 2022033376.415.73$1,908
Nov 2022042385.005.65$2,388
Oct 2022037787.185.86$2,211
Sep 2022048184.888.16$3,927
Aug 2022036294.529.13$3,304
Jul 20220507101.587.54$3,824
Jun 20220449115.097.98$3,582
May 20220482109.378.43$4,065
Apr 20220413104.226.84$2,824
Mar 20220482108.885.08$2,447
Feb 2022036691.054.86$1,778
Jan 2022033181.844.54$1,502
Dec 2021028171.323.90$1,096
Nov 2021024177.435.24$1,262
Oct 2021047679.795.71$2,720
Sep 2021062269.865.35$3,328
Aug 2021046566.024.22$1,963
Jul 2021062870.783.98$2,501
Jun 2021067869.493.38$2,292
May 2021046663.483.02$1,406
Apr 2021058060.362.76$1,600
Mar 2021059461.302.72$1,614
Feb 2021040957.805.55$2,269
Jan 2021079650.412.81$2,237
Dec 2020071444.642.68$1,910
Nov 2020062538.772.71$1,692
Oct 2020076736.972.48$1,901
Sep 2020062037.091.99$1,234
Aug 2020051439.982.39$1,226
Jul 2020065438.371.83$1,194
Jun 2020054934.901.69$928
May 2020048616.921.81$882
Apr 2020038714.751.80$698
Mar 2020043230.341.86$802
Feb 2020042249.881.98$836
Jan 2020044857.252.09$938
Dec 2019038259.012.30$880
Nov 2019039855.302.75$1,095
Oct 2019033553.472.42$810
Sep 2019024255.052.66$643
Aug 2019017053.112.30$392
Jul 2019035456.272.46$871
Jun 2019031652.782.49$787
May 2019027658.482.74$756
Apr 2019030262.632.75$831
Mar 2019047456.803.06$1,451
Feb 2019048750.852.79$1,360
Jan 2019034646.033.23$1,117
Dec 2018044746.594.19$1,871
Nov 2018044652.934.24$1,890
Oct 2018053761.443.40$1,825
Sep 2018049859.543.11$1,548
Aug 2018039359.403.07$1,205
Jul 2018050665.142.93$1,484
Jun 2018047560.183.08$1,462
May 2018045465.382.90$1,317
Apr 2018042263.842.90$1,224
Mar 2018040661.222.79$1,131
Feb 2018233061.782.77$1,036
Jan 2018226962.874.01$1,204
Dec 2017127157.272.92$849
Nov 2017131155.423.12$1,025
Oct 2017634649.292.98$1,328
Sep 2017133847.523.09$1,091
Aug 2017539045.373.00$1,399
Jul 2017241243.873.09$1,360
Jun 2017435442.493.09$1,263
May 2017437845.373.26$1,415
Apr 2017434047.933.21$1,284
Mar 2017636746.772.98$1,376
Feb 2017437750.452.95$1,315
Jan 2017539449.413.42$1,594
Dec 2016436248.763.72$1,543
Nov 2016135442.492.64$979
Oct 2016253446.193.09$1,743
Sep 2016221641.553.10$753
Aug 2016237041.442.92$1,165
Jul 201651,02541.622.92$3,206
Jun 201651,16145.352.69$3,345
May 20161841,12342.521.99$10,060
Apr 201631,25736.561.99$2,612
Mar 201651,04333.011.79$2,036
Feb 201661,37226.472.06$2,990
Jan 201681,55527.352.36$3,895
Dec 201581,38732.362.00$3,035
Nov 2015111,39038.792.17$3,439
Oct 2015191,36043.552.43$4,128
Sep 201541,34842.992.76$3,890
Aug 2015141,53940.162.87$4,983
Jul 2015132,38948.152.95$7,662
Jun 2015151,98456.152.88$6,562
May 2015121,24355.212.96$4,336
Apr 20152287949.822.71$3,475
Mar 2015242,74742.892.93$9,091
Feb 2015192,26344.662.98$7,584
Jan 2015362,55943.433.10$9,498
Dec 2014282,70554.693.59$11,246
Nov 2014232,64770.464.25$12,875
Oct 2014153,35378.303.90$14,254
Sep 2014173,75786.164.05$16,663
Aug 2014214,72489.394.04$20,939
Jul 201434,07896.564.18$17,334
Jun 201401,71498.164.74$8,119
May 201451,28294.734.73$6,533
Apr 201402,39795.944.81$11,527
Mar 201402,76195.895.06$13,962
Feb 201403,12397.406.19$19,338
Jan 201403,01790.404.86$14,665
Dec 201303,10691.824.35$13,525
Nov 20131581,64288.853.74$20,177
Oct 2013432,80297.423.78$14,779
Sep 2013273,061104.113.72$14,191
Aug 201303,467104.253.52$12,213
Jul 20131644,859102.523.72$34,878
Jun 201304,85994.403.93$19,112
May 201355,21794.834.15$22,120
Apr 2013944,98693.964.28$30,185
Mar 201302,98793.623.91$11,688
Feb 201312,60091.233.42$8,983
Jan 201323,93991.603.42$13,654
Dec 201202,74386.773.42$9,382
Nov 201203,95786.953.62$14,344
Oct 20121293,56089.383.40$23,633
Sep 201204,21894.672.92$12,310
Aug 201202,95892.662.91$8,602
Jul 201243,65585.133.02$11,382
Jun 201204,04979.822.52$10,200
May 20121902,45491.612.49$23,512
Apr 201203,355101.652.00$6,699
Mar 201213,314105.052.22$7,469
Feb 201204,003101.102.57$10,289
Jan 201203,64898.092.73$9,974
Dec 20111993,85396.873.24$31,760
Nov 201103,90495.723.31$12,927
Oct 201114,38584.983.65$16,084
Sep 201114,62383.623.99$18,510
Aug 20111963,37483.404.15$30,346
Jul 201154,11594.144.52$19,059
Jun 201124,70292.904.64$22,003
May 201133,83198.134.40$17,169
Apr 20111894,554105.964.33$39,760
Mar 201194,31696.364.06$18,379
Feb 201103,78585.644.18$15,821
Jan 201164,67986.504.59$21,990
Dec 20102002,75185.734.35$29,107
Nov 201054,58880.843.80$17,817
Oct 201034,74978.103.51$16,898
Sep 201033,35372.633.98$13,561
Aug 20101943,86873.684.42$31,388
Jul 201004,35872.554.74$20,642
Jun 201004,17170.364.91$20,481
May 201004,50871.124.24$19,092
Apr 20101963,18981.694.12$29,159
Mar 201004,00478.394.39$17,572
Feb 201004,10673.585.44$22,346
Jan 201003,26174.365.96$19,449
Dec 20091363,86571.445.48$30,911
Nov 20091302,63174.593.75$19,567
Oct 200903,49072.544.11$14,345
Sep 200903,02065.543.06$9,256
Aug 200904,23967.423.22$13,643
Jul 20091654,86261.133.46$26,931
Jun 200904,67566.163.90$18,209
May 200904,18354.743.93$16,421
Apr 20092003,47946.773.59$21,835
Mar 200903,34942.144.06$13,594
Feb 200902,52432.814.63$11,694
Jan 200904,57635.865.37$24,578
Dec 20081913,98037.105.98$30,875
Nov 200803,90255.496.86$26,769
Oct 200804,85475.246.92$33,599
Sep 20081584,650101.767.88$52,707
Aug 200805,104114.228.48$43,297
Jul 200804,549131.0811.39$51,811
Jun 20081605,677131.3313.03$94,999
May 200814,609123.1711.57$53,469
Apr 200804,186110.3110.45$43,764
Mar 20081865,516101.909.66$72,260
Feb 200824,95992.538.77$43,678
Jan 200803,66690.388.21$30,082
Dec 20071875,16388.337.30$54,218
Nov 200702,83891.677.29$20,694
Oct 200734,15382.856.92$28,996
Sep 20071864,63775.846.24$43,060
Aug 200714,32569.066.39$27,697
Jul 200704,83770.906.39$30,898
Jun 20071935,04362.007.55$50,033
May 200725,52458.747.85$43,460
Apr 200714,83959.617.81$37,829
Mar 20072044,62456.927.30$45,376
Feb 200734,36855.108.22$36,053
Jan 200725,94150.306.73$40,065
Dec 20062066,19656.656.92$54,537
Nov 200644,25154.207.62$32,599
Oct 20061744,13954.906.01$34,444
Sep 200603,96560.085.04$19,973
Aug 200605,47768.717.34$40,201
Jul 20061786,42569.376.34$53,100
Jun 20061856,11566.286.38$51,299
May 200613,94766.016.42$25,425
Apr 2006214,63264.397.36$35,446
Mar 2006138456.707.08$2,777
Feb 20060057.597.75$0
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 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200075026.889.12$2,016
Nov 200031,36332.215.66$7,808
Oct 2000195231.235.15$4,930
Sep 2000041731.875.19$2,163
Aug 200011,94829.644.54$8,875
Jul 20002111,62128.534.09$12,649
Jun 200021,18929.304.40$5,287
May 2000111027.263.68$432
Apr 200011,04224.513.12$3,271
Mar 200011,27428.422.86$3,672
Feb 2000197427.622.73$2,683
Jan 200021,30525.272.48$3,288
Dec 199911,14924.282.42$2,809
Nov 19991811,59123.192.43$8,070
Oct 199901,01620.982.80$2,849
Sep 1999052621.752.62$1,378
Aug 1999360119.262.88$1,786
Jul 1999174917.892.37$1,795
Jun 199921,57115.942.36$3,743
May 199921,21415.792.32$2,849
Apr 199916631915.102.21$3,211
Mar 1999078012.471.84$1,434
Feb 199929889.981.82$1,816
Jan 199921,48010.381.90$2,833
Dec 199809279.201.77$1,644
Nov 1998283410.892.19$1,845
Oct 199811,57612.421.97$3,116
Sep 19981651,49012.592.08$5,180
Aug 1998187011.301.91$1,671
Jul 199811,13811.742.24$2,558
Jun 199831,51011.242.24$3,412
May 199821,26612.622.21$2,818
Apr 199821,24113.042.51$3,135
Mar 199801,86312.802.31$4,302
Feb 199817697813.952.30$4,704
Jan 1998198214.702.15$2,131
Dec 199732,09816.322.41$5,107
Nov 199721,38218.193.09$4,304
Oct 199711,54219.253.15$4,876
Sep 199731,44317.742.95$4,317
Aug 1997801,66317.862.55$5,677
Jul 199711,54417.582.25$3,487
Jun 199721,36317.242.26$3,111
May 199721,40518.972.31$3,281
Apr 199731,77417.882.08$3,748
Mar 1997821,74918.951.94$4,945
Feb 199711,02120.492.21$2,273
Jan 199742,63123.483.54$9,407
Dec 1996144423.32$23
Nov 1996184821.97$22
Oct 199602,25823.31$0
Sep 19961322,25122.22$2,933
Aug 1996011520.26$0
Jul 199621,90019.55$39
Jun 199612,02618.73$19
May 1996187419.43$19
Apr 1996871,65221.51$1,871
Mar 199621,92619.38$39
Feb 199612,59116.98$17
Jan 199621,82917.07$34
Dec 1995871,96417.19$1,496
Nov 199521,32916.00$32
Oct 199512,23815.43$15
Sep 199513,04716.18$16
Aug 1995992,56515.92$1,576
Jul 199521,18715.24$30
Jun 199512,41716.41$16
May 19951051,93917.56$1,844
Apr 199521,81817.73$35
Mar 199521,28916.44$33
Feb 199532,33116.58$50
Jan 199511,52415.92$16
Dec 19941153,14515.03$1,728
Nov 199423,01915.90$32
Oct 1994084715.58$0
Sep 19940015.29$0
Aug 19941282,93016.13$2,065
Jul 1994089917.56$0
Jun 199402,73017.09$0
May 199432,92615.88$48
Apr 19941322,04214.14$1,866
Mar 199432,22312.46$37
Feb 199401,85212.50$0
Jan 199432,18312.66$38
Dec 19931344,17212.33$1,652
Nov 1993034114.49$0
Oct 199334,04915.85$48
Sep 1993188415.03$15
Aug 19931343,84015.66$2,098
Jul 199322,80515.46$31
Jun 1993114816.79$17
May 199312,14217.68$18
Apr 19931202,37418.05$2,166
Mar 199332,53218.14$54
Feb 19931013,21417.90$1,808
Jan 199323,04916.93$34

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                  582 Mcf  × $  3.05 =     $1,773

────────────────────────────────────────────────────
Month total                                   $1,773

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/110934 is the state's own key, not one this site invented.