JORDAN

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

Gas lease lease 145670District 06Field 066485002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
May 1993 – Jan 2016
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
273
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 503 leases and 503 wells, and the rule below applies to all of them.

Discovered
1974-05-21
as the register files it
Field class
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 20 acres. The field rule took effect on 2015-02-24.

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 Gas111993-08-05126627
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
CondensateDisposition12,058 bbl$341,721
GasProduction804,645 Mcf$2,538,731
Total$2,880,452

260,056 Mcf of this lease's gas, across 44 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 32.3645, -94.3702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36447, -94.37021 · 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
0.0%
0 of 1 wells
Median depth
10,300 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,300 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-20332176210,300 ftApr 2015Yes

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 (273)

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

273 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201516038.792.17$621
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 2015671642.892.93$2,359
Feb 2015949144.662.98$1,863
Jan 20151376743.433.10$2,943
Dec 2014922354.693.59$1,293
Nov 2014271,80270.464.25$9,564
Oct 2014354,96978.303.90$22,124
Sep 2014334,57286.164.05$21,339
Aug 201474,16289.394.04$17,420
Jul 201451,61296.564.18$7,220
Jun 201451,49498.164.74$7,568
May 201471,59994.734.73$8,221
Apr 201481,73595.944.81$9,111
Mar 201451,73195.895.06$9,233
Feb 201451,74097.406.19$11,261
Jan 201481,71890.404.86$9,074
Dec 2013102,36991.824.35$11,234
Nov 201361,64188.853.74$6,668
Oct 201391,95897.423.78$8,277
Sep 201361,854104.113.72$7,517
Aug 201351,792104.253.52$6,834
Jul 201351,453102.523.72$5,914
Jun 2013498494.403.93$4,248
May 2013101,82294.834.15$8,508
Apr 201381,92993.964.28$9,013
Mar 201391,95193.623.91$8,477
Feb 201391,22191.233.42$4,997
Jan 2013132,22991.603.42$8,814
Dec 2012172,35086.773.42$9,512
Nov 2012111,77786.953.62$7,398
Oct 201281,74689.383.40$6,651
Sep 2012101,76594.672.92$6,098
Aug 2012101,86392.662.91$6,345
Jul 2012111,77885.133.02$6,307
Jun 201291,79479.822.52$5,238
May 2012122,04091.612.49$6,175
Apr 2012102,168101.652.00$5,346
Mar 201291,776105.052.22$4,892
Feb 2012112,043101.102.57$6,363
Jan 2012111,93398.092.73$6,364
Dec 2011131,14996.873.24$4,982
Nov 201181,93395.723.31$7,166
Oct 201162,68684.983.65$10,310
Sep 201131,34383.623.99$5,604
Aug 20111121,85483.404.15$17,034
Jul 201101,69394.144.52$7,648
Jun 20111061,86892.904.64$18,515
May 201171,27898.134.40$6,316
Apr 2011151,980105.964.33$10,169
Mar 2011501,39796.364.06$10,486
Feb 201101,50185.644.18$6,274
Jan 201101,19186.504.59$5,465
Dec 201001,80985.734.35$7,865
Nov 201001,89180.843.80$7,177
Oct 201011,61078.103.51$5,727
Sep 201002,73072.633.98$10,864
Aug 201002,47673.684.42$10,942
Jul 201001,69972.554.74$8,047
Jun 201002,06670.364.91$10,145
May 201002,55771.124.24$10,829
Apr 201001,36981.694.12$5,644
Mar 201002,52478.394.39$11,077
Feb 201051,86973.585.44$10,540
Jan 201002,16274.365.96$12,894
Dec 2009222,20771.445.48$13,674
Nov 200902,05274.593.75$7,698
Oct 200902,46472.544.11$10,128
Sep 2009024765.543.06$757
Aug 200901,86467.423.22$5,999
Jul 200901,62361.133.46$5,623
Jun 2009501,49366.163.90$9,123
May 200921,66654.743.93$6,650
Apr 200921,14346.773.59$4,194
Mar 200922,16042.144.06$8,852
Feb 20092928332.814.63$2,263
Jan 200921,00735.865.37$5,480
Dec 2008231,49837.105.98$9,807
Nov 200801,37755.496.86$9,447
Oct 200802,04575.246.92$14,155
Sep 200802,250101.767.88$17,723
Aug 2008522,133114.228.48$24,034
Jul 200802,283131.0811.39$26,002
Jun 200802,079131.3313.03$27,095
May 2008642,683123.1711.57$38,937
Apr 200802,502110.3110.45$26,158
Mar 2008662,408101.909.66$29,996
Feb 200802,49192.538.77$21,848
Jan 200802,58590.388.21$21,212
Dec 200701,63188.337.30$11,910
Nov 200702,49291.677.29$18,171
Oct 200702,56682.856.92$17,762
Sep 2007763,00075.846.24$24,496
Aug 200702,55369.066.39$16,308
Jul 200702,83070.906.39$18,078
Jun 200702,73162.007.55$20,615
May 200702,60658.747.85$20,447
Apr 200702,49659.617.81$19,482
Mar 2007882,32156.927.30$21,957
Feb 200701,94055.108.22$15,939
Jan 200701,81150.306.73$12,182
Dec 200602,27656.656.92$15,746
Nov 200602,30954.207.62$17,589
Oct 2006332,24354.906.01$15,301
Sep 200602,65860.085.04$13,389
Aug 200602,46368.717.34$18,078
Jul 200602,70469.376.34$17,151
Jun 200602,14466.286.38$13,687
May 20061582,65566.016.42$27,488
Apr 200602,49164.397.36$18,335
Mar 200602,96056.707.08$20,965
Feb 200602,28057.597.75$17,673
Jan 2006842,41060.598.93$26,619
Dec 200502,40454.9413.42$32,251
Nov 200502,61154.6910.59$27,646
Oct 20051552,00858.3413.80$36,745
Sep 200501,89161.4512.08$22,841
Aug 2005372,48561.519.80$26,621
Jul 200510599455.697.84$13,644
Jun 200502,38252.337.38$17,582
May 200502,06545.226.65$13,735
Apr 20051402,35449.207.36$24,215
Mar 200502,24050.377.15$16,027
Feb 200501,87845.226.31$11,854
Jan 200502,14243.166.32$13,542
Dec 20041442,39339.866.75$21,895
Nov 200401,81545.286.33$11,490
Oct 20041331,67749.706.52$17,536
Sep 200402,69343.245.28$14,230
Aug 200401,97342.375.55$10,951
Jul 200402,08638.286.08$12,692
Jun 20043231,74236.106.43$22,867
May 200402,14237.486.49$13,911
Apr 200402,12334.475.86$12,438
Mar 200402,94734.365.53$16,297
Feb 200402,13732.455.51$11,774
Jan 200403,33232.036.30$20,990
Dec 20031424,54530.266.30$32,938
Nov 200304,32328.804.60$19,865
Oct 200304,21028.174.76$20,038
Sep 20031093,46126.314.75$19,305
Aug 200304,24229.765.13$21,760
Jul 200303,50529.415.17$18,124
Jun 200303,63128.565.98$21,724
May 20031113,87526.595.97$26,096
Apr 20031093,25226.675.41$20,492
Mar 200353,03231.146.10$18,639
Feb 200302,33533.487.93$18,507
Jan 200302,25030.315.58$12,560
Dec 20021052,94226.914.85$17,105
Nov 200202,77524.664.14$11,480
Oct 2002962,87426.464.23$14,695
Sep 200202,96027.443.64$10,760
Aug 200203,52025.963.16$11,138
Jul 2002453,12524.583.06$10,674
Jun 200203,18923.733.34$10,646
May 2002463,58024.663.58$13,965
Apr 2002873,80523.653.51$15,422
Mar 200203,87522.003.10$12,023
Feb 2002463,10318.222.38$8,210
Jan 200203,67617.172.38$8,733
Dec 200103,87716.932.36$9,167
Nov 2001454,13818.072.41$10,767
Oct 2001454,03519.782.53$11,094
Sep 2001712,44024.262.25$7,216
Aug 2001362,92124.873.05$9,814
Jul 2001583,10523.933.20$11,315
Jun 2001583,13624.563.82$13,417
May 200102,43125.524.31$10,471
Apr 2001622,69924.685.34$15,930
Mar 200103,59924.545.38$19,350
Feb 2001682,60127.755.77$16,887
Jan 2001672,53627.478.40$23,140
Dec 200002,35726.889.12$21,502
Nov 200092,95932.215.66$17,032
Oct 2000703,26831.235.15$19,002
Sep 2000682,69331.875.19$16,134
Aug 200003,12829.644.54$14,203
Jul 2000623,55828.534.09$16,320
Jun 2000553,32629.304.40$16,237
May 2000523,08427.263.68$12,766
Apr 200003,59124.513.12$11,190
Mar 2000523,18328.422.86$10,580
Feb 20001323,61127.622.73$13,491
Jan 200003,38325.272.48$8,392
Dec 1999973,26924.282.42$10,278
Nov 199901,69423.192.43$4,123
Oct 19991282,34520.982.80$9,260
Sep 199903,21321.752.62$8,414
Aug 199903,35019.262.88$9,633
Jul 19991193,62417.892.37$10,726
Jun 199902,27215.942.36$5,367
May 1999903,34315.792.32$9,180
Apr 199902,15115.102.21$4,750
Mar 1999683,11612.471.84$6,576
Feb 199902,5219.981.82$4,583
Jan 1999492,75610.381.90$5,745
Dec 1998512,8439.201.77$5,511
Nov 1998883,32710.892.19$8,230
Oct 199802,56312.421.97$5,047
Sep 1998353,23712.592.08$7,182
Aug 1998603,80911.301.91$7,943
Jul 19981223,64111.742.24$9,578
Jun 1998602,37911.242.24$5,997
May 1998242,47412.622.21$5,761
Apr 1998303,51713.042.51$9,202
Mar 1998222,51012.802.31$6,078
Feb 1998363,61413.952.30$8,811
Jan 1998663,59914.702.15$8,725
Dec 1997203,56116.322.41$8,912
Nov 1997513,83818.193.09$12,780
Oct 1997484,55419.253.15$15,268
Sep 1997553,62017.742.95$11,672
Aug 1997953,39417.862.55$10,367
Jul 19971324,82117.582.25$13,153
Jun 19971033,95317.242.26$10,698
May 199702,48718.972.31$5,741
Apr 1997903,18417.882.08$8,241
Mar 199702,91218.951.94$5,647
Feb 19971112,65420.492.21$8,129
Jan 199702,87123.483.54$10,162
Dec 19961083,26923.32$2,519
Nov 199664,14321.97$132
Oct 19961163,82923.31$2,704
Sep 199633,37622.22$67
Aug 19961214,81420.26$2,451
Jul 199633,71219.55$59
Jun 19961104,04218.73$2,060
May 1996113,79319.43$214
Apr 1996864,47821.51$1,850
Mar 1996913,74319.38$1,764
Feb 1996764,21416.98$1,290
Jan 1996974,05717.07$1,656
Dec 1995545,16917.19$928
Nov 19951234,21516.00$1,968
Oct 199544,06915.43$62
Sep 1995863,87216.18$1,391
Aug 19951104,74615.92$1,751
Jul 199584,93315.24$122
Jun 19951215,24416.41$1,986
May 19951535,29917.56$2,687
Apr 199554,80417.73$89
Mar 19951225,76516.44$2,006
Feb 19951315,38716.58$2,172
Jan 19951546,09315.92$2,452
Dec 19941386,11315.03$2,074
Nov 19941356,04815.90$2,147
Oct 19941177,30415.58$1,823
Sep 1994944,97415.29$1,437
Aug 19941826,00216.13$2,936
Jul 1994866,08217.56$1,510
Jun 19941006,15717.09$1,709
May 19942086,72415.88$3,303
Apr 19942187,52814.14$3,083
Mar 19941977,71812.46$2,455
Feb 19942666,70412.50$3,325
Jan 19941486,90712.66$1,874
Dec 19931568,42512.33$1,923
Nov 19932208,91314.49$3,188
Oct 19931786,44815.85$2,821
Sep 19932268,89915.03$3,397
Aug 19932549,35815.66$3,978
Jul 199356912,83415.46$8,797
Jun 199315214,23916.79$2,552
May 19932175,61317.68$3,837

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.

Nov 2015 — as filed, then multipliedworked
Condensate            16 bbl  × $ 38.79 =       $621
Gas                    0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                     $621

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/145670 is the state's own key, not one this site invented.