CULLEN, J.B. UNIT

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

Gas lease lease 115887District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
CondensateDisposition3,509 bbl$125,566
GasProduction615,310 Mcf$1,731,781
Total$1,857,347

220,950 Mcf of this lease's gas, across 45 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 32.4200, -94.5421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42002, -94.54211 · 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
Dec 1984
1 of 1 wells

1 well

42-20331181110,500 ftDec 1984

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 20260278106.413.05$847
Apr 2026025198.932.87$720
Mar 2026023089.753.15$724
Feb 2026030963.503.75$1,159
Jan 2026015959.138.00$1,272
Dec 2025013956.664.41$613
Nov 2025036258.593.93$1,421
Oct 2025019059.383.30$628
Sep 2025019662.743.08$603
Aug 2025017563.933.01$528
Jul 2025045566.743.32$1,508
Jun 2025027466.483.13$857
May 2025022660.553.23$731
Apr 2025020362.363.54$719
Mar 2025015967.704.27$679
Feb 2025011370.884.34$491
Jan 2025010774.324.28$458
Dec 2024014668.993.12$456
Nov 2024029169.052.20$640
Oct 2024039871.372.28$908
Sep 2024030469.612.36$719
Aug 2024037975.632.06$782
Jul 20240079.932.15$0
Jun 2024039378.082.63$1,035
May 20240078.812.20$0
Apr 2024015884.451.66$262
Mar 2024019080.301.55$294
Feb 202408676.091.78$153
Jan 202405473.023.30$178
Dec 202308871.262.61$230
Nov 2023042777.892.81$1,199
Oct 2023021085.443.09$648
Sep 202309689.042.74$263
Aug 2023010180.522.67$270
Jul 202308274.852.64$217
Jun 202308768.962.26$196
May 202302870.622.23$62
Apr 202307678.122.24$170
Mar 202307572.852.39$179
Feb 202308375.112.47$205
Jan 202301576.533.39$51
Dec 2022028076.415.73$1,604
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220394.529.13$27
Jul 202200101.587.54$0
Jun 2022035115.097.98$279
May 2022077109.378.43$649
Apr 2022043104.226.84$294
Mar 2022068108.885.08$345
Feb 20220091.054.86$0
Jan 2022026681.844.54$1,207
Dec 202104571.323.90$175
Nov 202106377.435.24$330
Oct 2021013279.795.71$754
Sep 2021022569.865.35$1,204
Aug 202138166.024.22$540
Jul 202105670.783.98$223
Jun 202108569.493.38$287
May 202115163.483.02$217
Apr 2021025460.362.76$701
Mar 2021542961.302.72$1,472
Feb 202113357.805.55$241
Jan 2021022750.412.81$638
Dec 2020010844.642.68$289
Nov 2020016538.772.71$447
Oct 2020032836.972.48$813
Sep 2020017137.091.99$340
Aug 2020318539.982.39$561
Jul 2020035138.371.83$641
Jun 2020118934.901.69$354
May 2020221716.921.81$428
Apr 2020122514.751.80$421
Mar 2020123430.341.86$465
Feb 2020028849.881.98$570
Jan 202003057.252.09$63
Dec 2019215459.012.30$473
Nov 2019021455.302.75$589
Oct 2019028453.472.42$687
Sep 2019028355.052.66$752
Aug 2019035353.112.30$813
Jul 2019048656.272.46$1,196
Jun 2019026452.782.49$658
May 2019038158.482.74$1,044
Apr 2019034962.632.75$960
Mar 2019037456.803.06$1,145
Feb 2019033850.852.79$944
Jan 2019033146.033.23$1,069
Dec 2018031946.594.19$1,335
Nov 2018029152.934.24$1,233
Oct 2018029061.443.40$985
Sep 2018023459.543.11$727
Aug 2018021359.403.07$653
Jul 2018021965.142.93$642
Jun 2018021260.183.08$652
May 2018020065.382.90$580
Apr 2018033863.842.90$980
Mar 2018026961.222.79$750
Feb 2018024961.782.77$689
Jan 2018036962.874.01$1,479
Dec 2017030357.272.92$885
Nov 2017027655.423.12$861
Oct 2017040049.292.98$1,193
Sep 2017045347.523.09$1,399
Aug 2017028545.373.00$856
Jul 2017028743.873.09$886
Jun 2017027242.493.09$840
May 2017032445.373.26$1,057
Apr 2017028747.933.21$922
Mar 2017033946.772.98$1,011
Feb 2017020250.452.95$596
Jan 2017030849.413.42$1,053
Dec 2016033648.763.72$1,251
Nov 2016029142.492.64$770
Oct 2016043146.193.09$1,332
Sep 2016029941.553.10$927
Aug 2016039041.442.92$1,140
Jul 2016036241.622.92$1,059
Jun 2016047345.352.69$1,270
May 2016053242.521.99$1,059
Apr 2016042136.561.99$838
Mar 2016042433.011.79$761
Feb 2016023926.472.06$493
Jan 2016033927.352.36$802
Dec 2015065832.362.00$1,317
Nov 2015064638.792.17$1,400
Oct 2015031643.552.43$767
Sep 2015041142.992.76$1,134
Aug 2015018140.162.87$520
Jul 2015019448.152.95$571
Jun 2015034356.152.88$989
May 2015043555.212.96$1,286
Apr 2015046349.822.71$1,253
Mar 2015010942.892.93$320
Feb 2015018844.662.98$560
Jan 2015053743.433.10$1,665
Dec 2014043354.693.59$1,555
Nov 2014047870.464.25$2,032
Oct 2014041078.303.90$1,599
Sep 2014056686.164.05$2,290
Aug 2014063989.394.04$2,578
Jul 2014038396.564.18$1,601
Jun 2014030198.164.74$1,426
May 2014023294.734.73$1,097
Apr 2014014495.944.81$693
Mar 201408495.895.06$425
Feb 2014039697.406.19$2,452
Jan 2014055490.404.86$2,693
Dec 2013045691.824.35$1,986
Nov 2013066188.853.74$2,471
Oct 2013071297.423.78$2,691
Sep 20130699104.113.72$2,599
Aug 20130861104.253.52$3,033
Jul 20130629102.523.72$2,338
Jun 2013057694.403.93$2,266
May 2013057494.834.15$2,382
Apr 2013053493.964.28$2,287
Mar 2013046993.623.91$1,835
Feb 2013025091.233.42$855
Jan 2013023291.603.42$793
Dec 2012029486.773.42$1,006
Nov 2012036786.953.62$1,330
Oct 2012068989.383.40$2,342
Sep 2012048594.672.92$1,415
Aug 2012060392.662.91$1,754
Jul 2012093285.133.02$2,815
Jun 2012088979.822.52$2,239
May 201201,10691.612.49$2,752
Apr 20120851101.652.00$1,699
Mar 201201,435105.052.22$3,189
Feb 201201,413101.102.57$3,632
Jan 2012044198.092.73$1,206
Dec 2011035296.873.24$1,140
Nov 2011054595.723.31$1,805
Oct 201101,12884.983.65$4,116
Sep 201101,53583.623.99$6,118
Aug 201101,70583.404.15$7,075
Jul 201101,78794.144.52$8,072
Jun 201101,12592.904.64$5,220
May 201101,51698.134.40$6,678
Apr 201101,130105.964.33$4,897
Mar 201101,22796.364.06$4,978
Feb 2011081685.644.18$3,411
Jan 2011096786.504.59$4,437
Dec 2010096185.734.35$4,178
Nov 2010080680.843.80$3,059
Oct 2010077678.103.51$2,723
Sep 2010088472.633.98$3,518
Aug 2010098673.684.42$4,357
Jul 2010089672.554.74$4,244
Jun 2010084370.364.91$4,139
May 2010091271.124.24$3,863
Apr 2010094881.694.12$3,908
Mar 201001,00278.394.39$4,397
Feb 2010098173.585.44$5,339
Jan 201001,66674.365.96$9,936
Dec 200901,61571.445.48$8,856
Nov 200901,04574.593.75$3,920
Oct 200901,67872.544.11$6,897
Sep 200901,60665.543.06$4,922
Aug 200901,48167.423.22$4,767
Jul 200901,42461.133.46$4,933
Jun 200901,09866.163.90$4,277
May 200921,18254.743.93$4,750
Apr 2009161,01546.773.59$4,390
Mar 2009331,50342.144.06$7,491
Feb 2009211,22032.814.63$6,341
Jan 2009261,23135.865.37$7,544
Dec 2008451,19937.105.98$8,836
Nov 20081976455.496.86$6,296
Oct 20081835975.246.92$3,839
Sep 200823707101.767.88$7,910
Aug 200849812114.228.48$12,485
Jul 200825767131.0811.39$12,013
Jun 200884980131.3313.03$23,804
May 2008451,001123.1711.57$17,129
Apr 200841,218110.3110.45$13,175
Mar 200851,357101.909.66$13,624
Feb 200851,18892.538.77$10,882
Jan 200871,30690.388.21$11,349
Dec 200761,44788.337.30$11,096
Nov 200701,57291.677.29$11,463
Oct 200701,40282.856.92$9,705
Sep 200701,78275.846.24$11,127
Aug 200701,95269.066.39$12,469
Jul 200703,42670.906.39$21,885
Jun 200703,16062.007.55$23,853
May 2007095558.747.85$7,493
Apr 200701,64859.617.81$12,863
Mar 200702,05556.927.30$15,006
Feb 200701,58255.108.22$12,998
Jan 200701,56150.306.73$10,501
Dec 200602,75956.656.92$19,088
Nov 200672,82254.207.62$21,876
Oct 20061124454.906.01$2,071
Sep 2006441,12360.085.04$8,300
Aug 2006881,65168.717.34$18,165
Jul 2006421,18669.376.34$10,436
Jun 2006391,21166.286.38$10,316
May 2006161,19066.016.42$8,702
Apr 200601,31264.397.36$9,657
Mar 200601,40556.707.08$9,952
Feb 200601,28757.597.75$9,976
Jan 200691,31960.598.93$12,328
Dec 200501,32354.9413.42$17,749
Nov 2005341,44254.6910.59$17,128
Oct 2005311,55458.3413.80$23,247
Sep 2005381,84761.4512.08$24,645
Aug 2005161,82861.519.80$18,893
Jul 2005261,65255.697.84$14,406
Jun 2005131,48252.337.38$11,619
May 2005271,60745.226.65$11,909
Apr 2005261,45149.207.36$11,959
Mar 2005461,88450.377.15$15,797
Feb 2005331,65145.226.31$11,913
Jan 2005542,22243.166.32$16,379
Dec 2004301,99639.866.75$14,671
Nov 2004291,47745.286.33$10,663
Oct 2004231,37749.706.52$10,114
Sep 2004151,48243.245.28$8,479
Aug 2004171,56642.375.55$9,413
Jul 2004331,57538.286.08$10,846
Jun 2004331,85736.106.43$13,137
May 2004161,90537.486.49$12,972
Apr 200441,94434.475.86$11,527
Mar 200461,97834.365.53$11,145
Feb 200471,83032.455.51$10,310
Jan 200482,08032.036.30$13,359
Dec 200362,44730.266.30$15,602
Nov 200331,49928.804.60$6,975
Oct 2003496528.174.76$4,706
Sep 2003152,59126.314.75$12,700
Aug 200302,60029.765.13$13,337
Jul 200302,59729.415.17$13,429
Jun 200302,40228.565.98$14,371
May 2003201,78626.595.97$11,199
Apr 200301,89326.675.41$10,236
Mar 200302,20831.146.10$13,460
Feb 200302,23833.487.93$17,738
Jan 200302,40730.315.58$13,436
Dec 200202,45826.914.85$11,931
Nov 200202,08624.664.14$8,630
Oct 200202,78926.464.23$11,795
Sep 200262,53327.443.64$9,373
Aug 200202,37825.963.16$7,524
Jul 200202,24524.583.06$6,874
Jun 200202,12723.733.34$7,100
May 200202,52024.663.58$9,032
Apr 2002102,04823.653.51$7,430
Mar 200201,46622.003.10$4,549
Feb 2002301,41318.222.38$3,903
Jan 200201,13417.172.38$2,694
Dec 200101,43116.932.36$3,383
Nov 200102,25018.072.41$5,412
Oct 2001092719.782.53$2,344
Sep 200101,69924.262.25$3,825
Aug 2001561,07924.873.05$4,687
Jul 200101,23323.933.20$3,942
Jun 200101,29124.563.82$4,937
May 200101,53525.524.31$6,612
Apr 200101,56024.685.34$8,323
Mar 2001631,79524.545.38$11,197
Feb 200101,35127.755.77$7,791
Jan 200101,56027.478.40$13,102
Dec 200001,60726.889.12$14,660
Nov 200002,12432.215.66$12,018
Oct 2000652,39031.235.15$14,328
Sep 200032,00731.875.19$10,505
Aug 200022,12029.644.54$9,686
Jul 2000702,02028.534.09$10,258
Jun 200002,00929.304.40$8,834
May 200022,07927.263.68$7,705
Apr 2000882,07424.513.12$8,619
Mar 200032,02428.422.86$5,873
Feb 200091,79427.622.73$5,140
Jan 2000702,32925.272.48$7,546
Dec 199962,12624.282.42$5,299
Nov 199902,09123.192.43$5,089
Oct 199942,05020.982.80$5,832
Sep 199903,00421.752.62$7,867
Aug 199902,54519.262.88$7,318
Jul 199932,66517.892.37$6,376
Jun 19991242,45415.942.36$7,773
May 1999131,86515.792.32$4,534
Apr 199921,88315.102.21$4,188
Mar 199942,10412.471.84$3,918
Feb 1999112,0609.981.82$3,854
Jan 199901,80610.381.90$3,431
Dec 199802,2239.201.77$3,942
Nov 1998482,26210.892.19$5,467
Oct 199802,06312.421.97$4,062
Sep 199802,15912.592.08$4,496
Aug 1998202,47011.301.91$4,937
Jul 199805,71111.742.24$12,777
Jun 199802,66011.242.24$5,951
May 199806,06912.622.21$13,390
Apr 199803,07013.042.51$7,691
Mar 199803,01712.802.31$6,968
Feb 199802,68213.952.30$6,166
Jan 199802,89114.702.15$6,230
Dec 19971163,15816.322.41$9,507
Nov 199702,89518.193.09$8,941
Oct 199706,08719.253.15$19,173
Sep 199703,32917.742.95$9,837
Aug 19971233,38717.862.55$10,850
Jul 199703,80117.582.25$8,541
Jun 199703,44017.242.26$7,765
May 199704,04318.972.31$9,333
Apr 19971214,27217.882.08$11,061
Mar 199704,27218.951.94$8,284
Feb 199703,18220.492.21$7,019
Jan 199708,05223.483.54$28,502
Dec 1996753,80423.32$1,749
Nov 199603,57721.97$0
Oct 1996993,60423.31$2,308
Sep 199604,17122.22$0
Aug 1996704,01620.26$1,418
Jul 1996404,30919.55$782
Jun 199604,30218.73$0
May 1996345,03419.43$661
Apr 1996344,33921.51$731
Mar 199604,47319.38$0
Feb 199603,40616.98$0
Jan 1996634,12617.07$1,075
Dec 1995284,20017.19$481
Nov 1995272,74916.00$432
Oct 199504,75615.43$0
Sep 19951074,05316.18$1,731
Aug 1995204,79715.92$318
Jul 1995128,13615.24$183
Jun 199507,01816.41$0
May 1995698,00117.56$1,212
Apr 1995475,30317.73$833
Mar 199505,66916.44$0
Feb 199502,48116.58$0
Jan 19951955,21815.92$3,104
Dec 199495,72215.03$135
Nov 199405,90915.90$0
Oct 199406,18515.58$0
Sep 199406,41715.29$0
Aug 199407,72416.13$0
Jul 199401,33017.56$0
Jun 199405,79417.09$0
May 199406,72515.88$0
Apr 19941510,68314.14$212
Mar 19941719,47612.46$2,131
Feb 1994011,81512.50$0
Jan 1994015,11712.66$0
Dec 1993013,72112.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 199305215.66$0
Jul 1993052015.46$0
Jun 1993043216.79$0
May 1993010717.68$0
Apr 1993025918.05$0
Mar 199304118.14$0
Feb 1993065517.90$0
Jan 1993072416.93$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                  278 Mcf  × $  3.05 =       $847

────────────────────────────────────────────────────
Month total                                     $847

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/115887 is the state's own key, not one this site invented.