DANIELS GAS UNIT

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

Gas lease lease 145281District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Feb 1993 – May 2026
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
400
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-02-08.

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
High Cost Gas111993-07-08127124
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
CondensateDisposition13,901 bbl$626,043
GasProduction2,290,545 Mcf$6,199,807
Total$6,825,850

863,918 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 32.2002, -94.4909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20015, -94.49094 · 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
10,000 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 10,000 ft.

Completions filed
Feb 1993
1 of 1 wells

1 well

42-36532751510,000 ftFeb 1993

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 (400)

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

400 months

May 202601,212106.413.05$3,692
Apr 202601,04898.932.87$3,007
Mar 202601,08889.753.15$3,427
Feb 202601,30863.503.75$4,905
Jan 202601,13059.138.00$9,038
Dec 202501,11956.664.41$4,939
Nov 202501,12258.593.93$4,405
Oct 202501,17259.383.30$3,873
Sep 202501,30262.743.08$4,006
Aug 2025551,22063.933.01$7,194
Jul 202501,33066.743.32$4,409
Jun 202501,97066.483.13$6,164
May 202502,59360.553.23$8,381
Apr 202502,12062.363.54$7,511
Mar 202501,54267.704.27$6,582
Feb 2025501,58370.884.34$10,416
Jan 202501,78974.324.28$7,655
Dec 202401,61268.993.12$5,032
Nov 202401,33869.052.20$2,942
Oct 202401,16771.372.28$2,662
Sep 2024391,47069.612.36$6,190
Aug 202401,12775.632.06$2,326
Jul 202401,20779.932.15$2,591
Jun 202402,17278.082.63$5,721
May 2024016378.812.20$358
Apr 20246369784.451.66$6,477
Mar 202401,22580.301.55$1,893
Feb 202401,59776.091.78$2,848
Jan 202401,27873.023.30$4,214
Dec 202302,82371.262.61$7,370
Nov 2023392,44377.892.81$9,897
Oct 202302,18485.443.09$6,743
Sep 202301,52189.042.74$4,160
Aug 202301,06680.522.67$2,849
Jul 202301,20074.852.64$3,170
Jun 202301,13368.962.26$2,559
May 202301,09370.622.23$2,435
Apr 202301,20878.122.24$2,703
Mar 2023521,66772.852.39$7,778
Feb 202301,81675.112.47$4,478
Jan 202301,37076.533.39$4,641
Dec 202201,85176.415.73$10,605
Nov 2022451,59285.005.65$12,814
Oct 202201,68387.185.86$9,869
Sep 2022096784.888.16$7,894
Aug 202202,05594.529.13$18,756
Jul 202201,944101.587.54$14,662
Jun 2022552,004115.097.98$22,316
May 202202,405109.378.43$20,281
Apr 202202,264104.226.84$15,480
Mar 2022491,399108.885.08$12,437
Feb 202202,27791.054.86$11,064
Jan 202202,61281.844.54$11,852
Dec 2021462,58971.323.90$13,376
Nov 202101,71477.435.24$8,976
Oct 202101,61979.795.71$9,251
Sep 202102,45069.865.35$13,110
Aug 2021452,39566.024.22$13,079
Jul 202102,75070.783.98$10,951
Jun 2021341,84569.493.38$8,600
May 2021581,14663.483.02$7,140
Apr 202101,31460.362.76$3,625
Mar 202101,37761.302.72$3,741
Feb 202101,43657.805.55$7,967
Jan 202101,66650.412.81$4,682
Dec 202002,26444.642.68$6,057
Nov 2020532,42038.772.71$8,605
Oct 202002,53036.972.48$6,270
Sep 2020402,50537.091.99$6,471
Aug 202002,34439.982.39$5,591
Jul 202001,30238.371.83$2,376
Jun 2020702,02334.901.69$5,863
May 202002,34216.921.81$4,250
Apr 202002,24414.751.80$4,049
Mar 2020422,63830.341.86$6,171
Feb 202002,05449.881.98$4,068
Jan 202001,06557.252.09$2,231
Dec 2019491,55259.012.30$6,468
Nov 201901,46855.302.75$4,038
Oct 2019542,61953.472.42$9,222
Sep 201902,64855.052.66$7,036
Aug 201902,20953.112.30$5,090
Jul 201901,82656.272.46$4,492
Jun 201901,84052.782.49$4,584
May 201901,83158.482.74$5,018
Apr 2019452,34562.632.75$9,269
Mar 201901,03556.803.06$3,169
Feb 201901,58450.852.79$4,423
Jan 201901,78746.033.23$5,769
Dec 201801,52546.594.19$6,383
Nov 2018581,63952.934.24$10,015
Oct 201802,76861.443.40$9,406
Sep 201802,61859.543.11$8,137
Aug 201802,36259.403.07$7,243
Jul 2018932,11365.142.93$12,253
Jun 201801,91660.183.08$5,895
May 201802,61765.382.90$7,591
Apr 2018291,86263.842.90$7,253
Mar 201801,66961.222.79$4,651
Feb 2018411,19261.782.77$5,830
Jan 201801,45062.874.01$5,814
Dec 201702,29457.272.92$6,702
Nov 2017142,54655.423.12$8,715
Oct 201702,81049.292.98$8,384
Sep 2017142,72347.523.09$9,072
Aug 201702,78045.373.00$8,352
Jul 201702,73543.873.09$8,444
Jun 2017832,23542.493.09$10,427
May 201702,21045.373.26$7,212
Apr 2017482,71647.933.21$11,023
Mar 201702,29946.772.98$6,859
Feb 201702,03050.452.95$5,994
Jan 20171251,95749.413.42$12,867
Dec 201602,79648.763.72$10,409
Nov 2016512,61742.492.64$9,087
Oct 201602,28946.193.09$7,074
Sep 201602,05841.553.10$6,381
Aug 2016372,08241.442.92$7,622
Jul 201602,41541.622.92$7,062
Jun 201602,86345.352.69$7,690
May 201603,26342.521.99$6,497
Apr 2016553,12036.561.99$8,223
Mar 201602,75233.011.79$4,937
Feb 201602,60526.472.06$5,376
Jan 2016502,76327.352.36$7,900
Dec 2015572,86232.362.00$7,573
Nov 201503,38638.792.17$7,339
Oct 201502,26743.552.43$5,501
Sep 201502,35242.992.76$6,488
Aug 201502,78340.162.87$7,994
Jul 2015512,08548.152.95$8,596
Jun 201501,61756.152.88$4,662
May 201502,03355.212.96$6,008
Apr 201502,69249.822.71$7,286
Mar 201582,24142.892.93$6,920
Feb 201502,25044.662.98$6,696
Jan 201501,87343.433.10$5,807
Dec 2014262,39654.693.59$10,027
Nov 201402,77870.464.25$11,812
Oct 201402,16878.303.90$8,457
Sep 201402,70186.164.05$10,927
Aug 201402,87189.394.04$11,585
Jul 2014362,94796.564.18$15,793
Jun 201403,12798.164.74$14,812
May 201402,72694.734.73$12,885
Apr 2014632,21895.944.81$16,711
Mar 201401,89195.895.06$9,562
Feb 20141051,81197.406.19$21,441
Jan 201401,73590.404.86$8,433
Dec 201301,97591.824.35$8,600
Nov 2013612,52888.853.74$14,870
Oct 2013593,19597.423.78$17,823
Sep 201302,584104.113.72$9,607
Aug 201302,720104.253.52$9,582
Jul 2013562,857102.523.72$16,363
Jun 201302,39494.403.93$9,417
May 2013602,94394.834.15$17,901
Apr 201303,70093.964.28$15,846
Mar 2013712,41593.623.91$16,097
Feb 201302,95691.233.42$10,109
Jan 201302,28991.603.42$7,828
Dec 2012563,08786.773.42$15,417
Nov 201202,80086.953.62$10,150
Oct 2012593,76289.383.40$18,063
Sep 2012453,46694.672.92$14,375
Aug 201203,36392.662.91$9,780
Jul 2012412,09985.133.02$9,831
Jun 201203,63779.822.52$9,162
May 201202,81791.612.49$7,010
Apr 2012463,137101.652.00$10,940
Mar 201202,307105.052.22$5,126
Feb 2012482,283101.102.57$10,721
Jan 2012473,36498.092.73$13,808
Dec 201103,40796.873.24$11,038
Nov 2011462,63895.723.31$13,138
Oct 201102,34884.983.65$8,567
Sep 2011363,01383.623.99$15,020
Aug 201101,19783.404.15$4,967
Jul 201102,31494.144.52$10,453
Jun 2011522,85292.904.64$18,064
May 201103,35398.134.40$14,769
Apr 2011363,173105.964.33$17,564
Mar 20111422,35996.364.06$23,254
Feb 201102,14885.644.18$8,979
Jan 201101,38886.504.59$6,369
Dec 2010463,13785.734.35$17,582
Nov 2010473,38880.843.80$16,658
Oct 2010433,82678.103.51$16,783
Sep 2010423,68572.633.98$17,715
Aug 201003,95373.684.42$17,470
Jul 2010403,47772.554.74$19,371
Jun 2010403,02270.364.91$17,654
May 2010413,68271.124.24$18,510
Apr 2010373,90681.694.12$19,126
Mar 2010383,97378.394.39$20,415
Feb 2010423,39773.585.44$21,578
Jan 201003,86974.365.96$23,075
Dec 2009903,51771.445.48$25,716
Nov 2009433,67974.593.75$17,009
Oct 200904,42172.544.11$18,171
Sep 2009713,91965.543.06$16,664
Aug 2009384,10167.423.22$15,761
Jul 2009404,14261.133.46$16,795
Jun 2009402,77966.163.90$13,471
May 2009494,26354.743.93$19,418
Apr 2009403,97146.773.59$16,117
Mar 200903,99342.144.06$16,208
Feb 2009713,42832.814.63$18,211
Jan 2009334,03635.865.37$22,861
Dec 200803,88737.105.98$23,233
Nov 2008533,84655.496.86$29,326
Oct 2008294,28275.246.92$31,822
Sep 2008874,210101.767.88$42,016
Aug 2008704,426114.228.48$45,541
Jul 2008324,635131.0811.39$56,985
Jun 2008594,498131.3313.03$66,369
May 2008414,672123.1711.57$59,125
Apr 2008834,698110.3110.45$58,273
Mar 200804,345101.909.66$41,990
Feb 20081104,13592.538.77$46,445
Jan 20082425,18390.388.21$64,402
Dec 200704,13288.337.30$30,172
Nov 20071295,00291.677.29$48,299
Oct 2007955,33682.856.92$44,806
Sep 2007444,81775.846.24$33,415
Aug 2007485,11669.066.39$35,996
Jul 2007595,38370.906.39$38,569
Jun 2007524,92162.007.55$40,370
May 2007554,76558.747.85$40,618
Apr 2007825,29159.617.81$46,185
Mar 2007274,79756.927.30$36,564
Feb 2007274,86955.108.22$41,491
Jan 20072136,00350.306.73$51,095
Dec 200604,67356.656.92$32,330
Nov 20062315,29154.207.62$52,824
Oct 20061185,17254.906.01$37,582
Sep 20061265,93860.085.04$37,481
Aug 2006785,20668.717.34$43,571
Jul 20061506,09069.376.34$49,033
Jun 2006755,87466.286.38$42,470
May 20061327,55466.016.42$57,248
Apr 20061216,41864.397.36$55,031
Mar 200607,28356.707.08$51,585
Feb 20061405,05857.597.75$47,268
Jan 2006677,42760.598.93$70,407
Dec 2005459,47554.9413.42$129,583
Nov 200507,54054.6910.59$79,837
Oct 20051111,27358.3413.80$156,161
Sep 2005109,96961.4512.08$121,030
Aug 2005119,75361.519.80$96,225
Jul 2005101,79355.697.84$14,621
Jun 200582,22452.337.38$16,834
May 200581,72845.226.65$11,855
Apr 200502,03349.207.36$14,964
Mar 200582,47350.377.15$18,097
Feb 200572,14945.226.31$13,881
Jan 200582,49743.166.32$16,132
Dec 200403,15539.866.75$21,300
Nov 200483,28945.286.33$21,183
Oct 200473,63849.706.52$24,050
Sep 200404,21043.245.28$22,245
Aug 200474,79342.375.55$26,901
Jul 200448,32338.286.08$50,792
Jun 200491,14336.106.43$7,678
May 200402,71437.486.49$17,626
Apr 2004102,88234.475.86$17,229
Mar 2004273,07934.365.53$17,955
Feb 2004323,12132.455.51$18,234
Jan 2004333,50632.036.30$23,144
Dec 2003173,48530.266.30$22,476
Nov 200304,90428.804.60$22,535
Oct 2003166,34328.174.76$30,641
Sep 2003155,81126.314.75$27,993
Aug 2003154,99429.765.13$26,064
Jul 2003165,11929.415.17$26,940
Jun 2003176,82928.565.98$41,343
May 2003174,48026.595.97$27,210
Apr 2003184,18026.675.41$23,082
Mar 2003344,90331.146.10$30,948
Feb 2003175,08233.487.93$40,848
Jan 2003317,11530.315.58$40,656
Dec 2002306,63026.914.85$32,988
Nov 2002316,00724.664.14$25,615
Oct 2002227,06326.464.23$30,452
Sep 200257,46727.443.64$27,281
Aug 20021012,56225.963.16$40,008
Jul 200257,48224.583.06$23,031
Jun 200293,53423.733.34$12,011
May 200202,57324.663.58$9,222
Apr 200252,01623.653.51$7,199
Mar 200281,30622.003.10$4,228
Feb 2002333,04818.222.38$7,842
Jan 200203,68017.172.38$8,743
Dec 2001323,76316.932.36$9,439
Nov 200102,51218.072.41$6,043
Oct 2001262,97119.782.53$8,028
Sep 2001133,57324.262.25$8,359
Aug 2001134,24024.873.05$13,269
Jul 2001134,10123.933.20$13,422
Jun 2001244,43324.563.82$17,542
May 2001374,58625.524.31$20,698
Apr 2001664,62224.685.34$26,289
Mar 2001234,65124.545.38$25,570
Feb 2001394,97927.755.77$29,797
Jan 2001417,99827.478.40$68,300
Dec 2000307,09926.889.12$65,567
Nov 2000157,09932.215.66$40,649
Oct 2000518,03331.235.15$42,927
Sep 2000588,38531.875.19$45,337
Aug 2000198,15029.644.54$37,570
Jul 2000379,21628.534.09$38,747
Jun 2000185,23029.304.40$23,525
May 2000171,65027.263.68$6,535
Apr 2000358,32424.513.12$26,795
Mar 2000377,97828.422.86$23,867
Feb 2000417,77627.622.73$22,334
Jan 2000437,46325.272.48$19,599
Dec 1999569,36924.282.42$24,068
Nov 1999508,69723.192.43$22,328
Oct 19995911,36020.982.80$33,088
Sep 1999559,93121.752.62$27,204
Aug 19990019.262.88$0
Jul 1999292,48017.892.37$6,402
Jun 1999329,29015.942.36$22,454
May 19999410,49115.792.32$25,834
Apr 1999539,23315.102.21$21,187
Mar 19991611,03412.471.84$20,484
Feb 1999149,8299.981.82$18,007
Jan 1999149,37010.381.90$17,948
Dec 19982010,4369.201.77$18,690
Nov 19981210,34110.892.19$22,733
Oct 19982110,25912.421.97$20,463
Sep 1998149,82212.592.08$20,632
Aug 19981410,73111.301.91$20,626
Jul 19981910,40411.742.24$23,500
Jun 19982011,19211.242.24$25,264
May 19982010,50012.622.21$23,419
Apr 19982010,85813.042.51$27,464
Mar 1998279,93712.802.31$23,295
Feb 1998349,46313.952.30$22,231
Jan 19982712,25214.702.15$26,797
Dec 19973513,04016.322.41$32,012
Nov 19971613,43418.193.09$41,779
Oct 19971512,42619.253.15$39,428
Sep 19972312,21417.742.95$36,499
Aug 19972312,40517.862.55$32,102
Jul 19972213,01617.582.25$29,633
Jun 19972211,63217.242.26$26,635
May 19972112,59518.972.31$29,474
Apr 19976011,11117.882.08$24,215
Mar 19971614,78418.951.94$28,971
Feb 19972414,31620.492.21$32,071
Jan 19971616,95223.483.54$60,381
Dec 19962417,12423.32$560
Nov 19961615,66321.97$352
Oct 19961615,06623.31$373
Sep 19962419,76522.22$533
Aug 19961619,25120.26$324
Jul 19961612,40119.55$313
Jun 19961210,35318.73$225
May 19964412,41019.43$855
Apr 19966511,60221.51$1,398
Mar 19964513,33619.38$872
Feb 19964112,95316.98$696
Jan 19966013,14417.07$1,024
Dec 19953514,64217.19$602
Nov 19953410,90616.00$544
Oct 19952814,18415.43$432
Sep 19952715,36616.18$437
Aug 19951513,50015.92$239
Jul 19951414,92115.24$213
Jun 19952112,79816.41$345
May 19952317,53217.56$404
Apr 19952217,00917.73$390
Mar 19952218,23716.44$362
Feb 19951416,37716.58$232
Jan 19952718,46615.92$430
Dec 19946421,76215.03$962
Nov 199412022,09915.90$1,908
Oct 199412125,04315.58$1,885
Sep 199416227,42615.29$2,477
Aug 199412029,84716.13$1,936
Jul 19948224,31917.56$1,440
Jun 199417432,15117.09$2,974
May 199415637,77015.88$2,477
Apr 199410928,32914.14$1,541
Mar 199414612,85312.46$1,819
Feb 199411010,66412.50$1,375
Jan 199414610,15112.66$1,848
Dec 19931659,66212.33$2,034
Nov 19936614,97214.49$956
Oct 199312715,18315.85$2,013
Sep 199315715,10015.03$2,360
Aug 199320116,91615.66$3,148
Jul 199319818,18015.46$3,061
Jun 199326820,91716.79$4,500
May 199325726,85817.68$4,544
Apr 199320929,50518.05$3,772
Mar 199369943,04818.14$12,680
Feb 199321414,15717.90$3,831

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                1,212 Mcf  × $  3.05 =     $3,692

────────────────────────────────────────────────────
Month total                                   $3,692

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/145281 is the state's own key, not one this site invented.