BRACKEN GRANDCHILDREN TRUST

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

Gas lease lease 135300District 06Field 658605002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1990-03-26
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2008-04-08.

The Commission's schedule remark for this field reads: PER DOCKET OG-25-00029568 EFECTIVE 2-24-2026 THE CORRELATIVE

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 Gas112010-01-28195511
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
CondensateDisposition28,503 bbl$1,031,496
GasProduction1,414,221 Mcf$5,162,541
Total$6,194,037

320,145 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 32.2395, -95.4080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23952, -95.40797 · 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
12,939 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 12,939 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-42331232212,939 ftFeb 2019

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201911056.803.06$625
Feb 20193254350.852.79$3,143
Jan 2019171,72046.033.23$6,335
Dec 2018281,66246.594.19$8,261
Nov 2018073352.934.24$3,106
Oct 2018093161.443.40$3,164
Sep 201801,26459.543.11$3,929
Aug 201802,04659.403.07$6,274
Jul 201801,02965.142.93$3,017
Jun 201801,48160.183.08$4,557
May 201801,09165.382.90$3,165
Apr 201801,81063.842.90$5,250
Mar 201822,58261.222.79$7,318
Feb 201843,30161.782.77$9,378
Jan 2018172,36962.874.01$10,567
Dec 20177858157.272.92$6,164
Nov 20174286755.423.12$5,031
Oct 2017861,86049.292.98$9,789
Sep 20175492747.523.09$5,428
Aug 201711097845.373.00$7,929
Jul 2017891,24543.873.09$7,748
Jun 2017711,16342.493.09$6,607
May 2017831,34045.373.26$8,139
Apr 2017911,99147.933.21$10,756
Mar 2017561,22446.772.98$6,271
Feb 2017931,21350.452.95$8,273
Jan 2017561,31249.413.42$7,252
Dec 2016361,19448.763.72$6,200
Nov 2016079142.492.64$2,092
Oct 201601,18446.193.09$3,659
Sep 201601,37141.553.10$4,251
Aug 201601,68241.442.92$4,919
Jul 201602,20141.622.92$6,436
Jun 201601,02045.352.69$2,740
May 201602,68142.521.99$5,338
Apr 201601,83336.561.99$3,650
Mar 201601,81933.011.79$3,263
Feb 201602,62926.472.06$5,425
Jan 201601,87727.352.36$4,438
Dec 2015331,93932.362.00$4,949
Nov 20151082,28138.792.17$9,133
Oct 2015431,10043.552.43$4,542
Sep 2015941,63742.992.76$8,557
Aug 2015781,38040.162.87$7,097
Jul 20151211,81548.152.95$11,171
Jun 20151122,23456.152.88$12,729
May 20151473,25355.212.96$17,730
Apr 2015912,59849.822.71$11,565
Mar 2015864,43342.892.93$16,698
Feb 2015842,46144.662.98$11,076
Jan 2015472,44743.433.10$9,628
Dec 201402,04854.693.59$7,355
Nov 201401,76670.464.25$7,509
Oct 201412,19778.303.90$8,649
Sep 201402,87386.164.05$11,623
Aug 201403,62689.394.04$14,631
Jul 201403,03896.564.18$12,698
Jun 201402,61398.164.74$12,377
May 201403,73194.734.73$17,635
Apr 201402,29295.944.81$11,023
Mar 201402,04895.895.06$10,356
Feb 201402,78197.406.19$17,220
Jan 201403,02290.404.86$14,689
Dec 201302,95091.824.35$12,846
Nov 201307,43988.853.74$27,809
Oct 201304,68697.423.78$17,710
Sep 201308,285104.113.72$30,801
Aug 201302,948104.253.52$10,385
Jul 201302,622102.523.72$9,748
Jun 201303,91294.403.93$15,388
May 201303,17594.834.15$13,173
Apr 201303,23293.964.28$13,841
Mar 201303,24593.623.91$12,697
Feb 201304,06491.233.42$13,899
Jan 201301,95191.603.42$6,672
Dec 2012172,13686.773.42$8,781
Nov 2012852,37386.953.62$15,993
Oct 2012973,87389.383.40$21,837
Sep 2012723,07194.672.92$15,779
Aug 20121123,60192.662.91$20,850
Jul 2012794,24185.133.02$19,536
Jun 2012762,79479.822.52$13,105
May 2012662,05991.612.49$11,170
Apr 20121133,348101.652.00$18,172
Mar 20121363,868105.052.22$22,882
Feb 20121003,165101.102.57$18,245
Jan 20121474,17898.092.73$25,842
Dec 20111093,44996.873.24$21,733
Nov 2011992,24195.723.31$16,897
Oct 2011652,35784.983.65$14,123
Sep 2011593,32883.623.99$18,198
Aug 2011713,84583.404.15$21,876
Jul 2011704,06194.144.52$24,934
Jun 2011534,05492.904.64$23,734
May 2011632,80098.134.40$18,516
Apr 2011843,025105.964.33$22,009
Mar 2011912,85996.364.06$20,369
Feb 2011822,65685.644.18$18,125
Jan 2011582,97086.504.59$18,646
Dec 201002,59385.734.35$11,274
Nov 201003,13180.843.80$11,883
Oct 201002,41978.103.51$8,488
Sep 201004,29972.633.98$17,108
Aug 201004,51173.684.42$19,936
Jul 201003,15172.554.74$14,925
Jun 201002,56570.364.91$12,595
May 201002,88971.124.24$12,236
Apr 201003,18281.694.12$13,118
Mar 201003,61178.394.39$15,847
Feb 201001,98373.585.44$10,792
Jan 201002,67874.365.96$15,972
Dec 200933,13871.445.48$17,422
Nov 2009103,36274.593.75$13,358
Oct 2009163,90772.544.11$17,219
Sep 200971,17765.543.06$4,066
Aug 200951,14767.423.22$4,029
Jul 200971,14461.133.46$4,391
Jun 2009171,22866.163.90$5,908
May 2009361,06554.743.93$6,152
Apr 20093995646.773.59$5,254
Mar 2009531,07142.144.06$6,581
Feb 20091013,30932.814.63$18,644
Jan 2009753,37635.865.37$20,822
Dec 2008943,96337.105.98$27,175
Nov 20081787,42355.496.86$60,802
Oct 2008943,92475.246.92$34,234
Sep 2008913,366101.767.88$35,774
Aug 20081054,476114.228.48$49,963
Jul 20081175,662131.0811.39$79,823
Jun 20081173,995131.3313.03$67,431
May 20081075,193123.1711.57$73,284
Apr 2008135,374110.3110.45$57,618
Mar 2008114,722101.909.66$46,755
Feb 200892,44792.538.77$22,294
Jan 200893,40090.388.21$28,713
Dec 2007393,91488.337.30$32,025
Nov 20071083,58891.677.29$36,063
Oct 20071034,06482.856.92$36,664
Sep 20071093,59675.846.24$30,721
Aug 20071114,07969.066.39$33,722
Jul 2007904,88970.906.39$37,612
Jun 2007844,58162.007.55$39,787
May 2007924,90858.747.85$43,914
Apr 2007793,61359.617.81$32,909
Mar 2007683,66656.927.30$30,640
Feb 2007823,78255.108.22$35,591
Jan 2007933,07650.306.73$25,370
Dec 2006933,83256.656.92$31,780
Nov 20061103,89954.207.62$35,663
Oct 20061724,82754.906.01$38,471
Sep 20061494,31860.085.04$30,703
Aug 20061093,58468.717.34$33,796
Jul 20061565,66969.376.34$46,779
Jun 20061464,12666.286.38$36,017
May 2006744,52066.016.42$33,926
Apr 20061103,71764.397.36$34,442
Mar 20061654,19656.707.08$39,075
Feb 20062943,99457.597.75$47,889
Jan 20061443,89660.598.93$43,529
Dec 20051235,25554.9413.42$77,256
Nov 2005583,75854.6910.59$42,963
Oct 2005794,35558.3413.80$64,689
Sep 2005664,02261.4512.08$52,637
Aug 2005593,11161.519.80$34,107
Jul 2005613,45255.697.84$30,473
Jun 20051054,29552.337.38$37,196
May 20051164,40145.226.65$34,517
Apr 20051354,13549.207.36$37,078
Mar 20051485,22450.377.15$44,832
Feb 20051145,02145.226.31$36,847
Jan 2005795,58543.166.32$38,719
Dec 20041746,22839.866.75$48,981
Nov 20041646,85645.286.33$50,827
Oct 20040049.706.52$0
Sep 2004604,59443.245.28$26,869
Aug 2004885,27242.375.55$32,992
Jul 2004905,59938.286.08$37,511
Jun 2004885,48436.106.43$38,455
May 2004926,18337.486.49$43,604
Apr 20041185,77734.475.86$37,912
Mar 2004895,99234.365.53$36,195
Feb 20041145,62532.455.51$34,691
Jan 20041176,46532.036.30$44,475
Dec 20031156,19130.266.30$42,493
Nov 20031186,84028.804.60$34,829
Oct 20031076,86428.174.76$35,684
Sep 2003725,99526.314.75$30,367
Aug 2003906,66329.765.13$36,858
Jul 2003737,19829.415.17$39,367
Jun 2003845,86528.565.98$37,489
May 2003775,92826.595.97$37,453
Apr 2003784,88826.675.41$28,511
Mar 2003996,15031.146.10$40,574
Feb 2003905,36833.487.93$45,559
Jan 2003869,41030.315.58$55,134
Dec 2002636,09026.914.85$31,255
Nov 2002797,61724.664.14$33,459
Oct 2002778,77526.464.23$39,148
Sep 2002718,70627.443.64$33,596
Aug 2002909,81125.963.16$33,380
Jul 2002637,32424.583.06$23,973
Jun 2002654,71023.733.34$17,266
May 20022257,77624.663.58$33,418
Apr 20022016,18523.653.51$26,477
Mar 20022219,08322.003.10$33,044
Feb 2002597,49318.222.38$18,876
Jan 200225410,69517.172.38$29,769
Dec 200128011,55016.932.36$32,049
Nov 20012589,76118.072.41$28,142
Oct 20011814,35619.782.53$14,596
Sep 20011808,76524.262.25$24,100
Aug 200135614,14324.873.05$52,035
Jul 200117814,54123.933.20$50,748
Jun 200118113,50024.563.82$56,072
May 200136214,44425.524.31$71,453
Apr 200118313,70724.685.34$77,648
Mar 200136117,78224.545.38$104,463
Feb 200136317,12227.755.77$108,817
Jan 20011876,92327.478.40$63,282
Dec 200036917,90526.889.12$173,257
Nov 2000092532.215.66$5,234
Oct 20001783,16031.235.15$21,819
Sep 200003,23531.875.19$16,778
Aug 200002,34729.644.54$10,657
Jul 20001752,62128.534.09$15,712
Jun 200003,13929.304.40$13,803
May 20001803,56427.263.68$18,021
Apr 200003,34824.513.12$10,432
Mar 20001843,12228.422.86$14,157
Feb 200004,19627.622.73$11,440
Jan 20001824,56225.272.48$15,915
Dec 19991844,68424.282.42$15,820
Nov 199903,84523.192.43$9,359
Oct 19991813,69220.982.80$14,149
Sep 199912,83521.752.62$7,446
Aug 199903,20519.262.88$9,216
Jul 19991862,12617.892.37$8,371
Jun 199903,43515.942.36$8,114
May 19991814,28815.792.32$12,811
Apr 199904,17015.102.21$9,208
Mar 19991904,56912.471.84$10,769
Feb 199904,3089.981.82$7,831
Jan 19991905,00110.381.90$11,474
Dec 199804,0869.201.77$7,246
Nov 19981873,91710.892.19$10,598
Oct 19981864,35812.421.97$10,892
Sep 199803,49112.592.08$7,270
Aug 199804,29811.301.91$8,198
Jul 19981834,33911.742.24$11,856
Jun 19981895,21711.242.24$13,796
May 199805,02312.622.21$11,082
Apr 19981894,51013.042.51$13,764
Mar 19981864,00612.802.31$11,632
Feb 199803,78813.952.30$8,709
Jan 19981914,13114.702.15$11,709
Dec 199704,23516.322.41$10,211
Nov 19971864,14118.193.09$16,172
Oct 199703,68319.253.15$11,601
Sep 19971873,93017.742.95$14,930
Aug 199704,79317.862.55$12,245
Jul 19971874,49917.582.25$13,396
Jun 199704,48417.242.26$10,121
May 19971925,12418.972.31$15,471
Apr 199705,51917.882.08$11,495
Mar 19971884,19518.951.94$11,697
Feb 199703,67520.492.21$8,107
Jan 19971905,25423.483.54$23,059
Dec 19961936,27523.32$4,501
Nov 199606,62621.97$0
Oct 19962014,66323.31$4,685
Sep 199604,20922.22$0
Aug 19961795,25020.26$3,627
Jul 19961605,13719.55$3,128
Jun 199605,64318.73$0
May 19961815,05019.43$3,517
Apr 19961946,06621.51$4,173
Mar 19961826,46619.38$3,527
Feb 199616,34416.98$17
Jan 19961965,49317.07$3,346
Dec 19951957,15417.19$3,352
Nov 19951897,08016.00$3,024
Oct 19951828,03915.43$2,808
Sep 19951916,60616.18$3,090
Aug 199505,38215.92$0
Jul 19951986,34315.24$3,018
Jun 199505,15916.41$0
May 19952016,75417.56$3,530
Apr 19951926,07817.73$3,404
Mar 19951824,75716.44$2,992
Feb 199506,55816.58$0
Jan 19952005,66315.92$3,184
Dec 199436,13615.03$45
Nov 19941926,95615.90$3,053
Oct 19941898,93115.58$2,945
Sep 199407,23215.29$0
Aug 19943859,82816.13$6,210
Jul 199406,73417.56$0
Jun 19941995,69817.09$3,401
May 19941914,80315.88$3,033
Apr 199404,73314.14$0
Mar 19943605,97712.46$4,486
Feb 19942535,30812.50$3,163
Jan 199405,08212.66$0
Dec 19933465,71112.33$4,266
Nov 199308,07214.49$0
Oct 199335010,78915.85$5,548
Sep 19933386,28415.03$5,080
Aug 1993889,91315.66$1,378
Jul 199307,04615.46$0
Jun 19935308,80416.79$8,899
May 1993589,10717.68$1,025
Apr 19933618,58418.05$6,516
Mar 19931957,77218.14$3,537
Feb 199307,87217.90$0
Jan 19932639,97816.93$4,453

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.

Mar 2019 — as filed, then multipliedworked
Condensate            11 bbl  × $ 56.80 =       $625
Gas                    0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                     $625

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/135300 is the state's own key, not one this site invented.