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 146007District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
May 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
397
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 Gas111993-09-08127566
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
CondensateDisposition21,074 bbl$467,564
GasProduction1,992,956 Mcf$4,097,997
Total$4,565,561

1,016,679 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 32.1978, -94.4873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19782, -94.48734 · 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
May 1993
1 of 1 wells

1 well

42-36532752610,000 ftMay 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 (397)

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

397 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 20209037.091.99$334
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 2020023849.881.98$471
Jan 2020020357.252.09$425
Dec 2019025059.012.30$576
Nov 2019018655.302.75$512
Oct 2019021253.472.42$513
Sep 2019021855.052.66$579
Aug 2019031553.112.30$726
Jul 2019033056.272.46$812
Jun 20194421252.782.49$2,850
May 2019028958.482.74$792
Apr 2019033462.632.75$919
Mar 201902,56856.803.06$7,863
Feb 2019028050.852.79$782
Jan 2019032546.033.23$1,049
Dec 2018034046.594.19$1,423
Nov 2018027152.934.24$1,148
Oct 2018041061.443.40$1,393
Sep 2018038859.543.11$1,206
Aug 2018034959.403.07$1,070
Jul 2018432965.142.93$1,225
Jun 2018040260.183.08$1,237
May 2018041765.382.90$1,210
Apr 2018053363.842.90$1,546
Mar 2018017361.222.79$482
Feb 2018036761.782.77$1,015
Jan 2018040362.874.01$1,616
Dec 2017035257.272.92$1,028
Nov 2017048555.423.12$1,512
Oct 2017046349.292.98$1,381
Sep 2017050247.523.09$1,550
Aug 2017052845.373.00$1,586
Jul 2017055943.873.09$1,726
Jun 2017058242.493.09$1,797
May 2017029745.373.26$969
Apr 20171149647.933.21$2,120
Mar 2017056646.772.98$1,689
Feb 2017045450.452.95$1,340
Jan 2017060649.413.42$2,072
Dec 2016049448.763.72$1,839
Nov 2016064142.492.64$1,695
Oct 2016064046.193.09$1,978
Sep 2016072941.553.10$2,260
Aug 2016072141.442.92$2,108
Jul 20164271041.622.92$3,824
Jun 2016053045.352.69$1,423
May 2016076342.521.99$1,519
Apr 2016074936.561.99$1,491
Mar 2016068933.011.79$1,236
Feb 2016065926.472.06$1,360
Jan 2016063127.352.36$1,492
Dec 2015073032.362.00$1,461
Nov 2015075338.792.17$1,632
Oct 2015072843.552.43$1,767
Sep 2015084142.992.76$2,320
Aug 2015090240.162.87$2,591
Jul 201501,09648.152.95$3,228
Jun 201501,18756.152.88$3,422
May 201501,29055.212.96$3,813
Apr 2015094049.822.71$2,544
Mar 2015096742.892.93$2,838
Feb 201501,02144.662.98$3,039
Jan 201501,42543.433.10$4,418
Dec 201401,00254.693.59$3,599
Nov 2014083870.464.25$3,563
Oct 2014095878.303.90$3,737
Sep 2014094686.164.05$3,827
Aug 201401,08089.394.04$4,358
Jul 201401,72896.564.18$7,222
Jun 20141001,40498.164.74$16,467
May 201401,44694.734.73$6,835
Apr 201401,15795.944.81$5,564
Mar 201401,37095.895.06$6,928
Feb 201401,15397.406.19$7,139
Jan 2014881,57190.404.86$15,591
Dec 201301,09791.824.35$4,777
Nov 201301,02988.853.74$3,847
Oct 201301,03597.423.78$3,912
Sep 201301,033104.113.72$3,840
Aug 201301,009104.253.52$3,554
Jul 201301,218102.523.72$4,528
Jun 201301,33294.403.93$5,239
May 201301,51294.834.15$6,273
Apr 20131111,17293.964.28$15,449
Mar 201301,20893.623.91$4,727
Feb 2013097091.233.42$3,317
Jan 201301,26991.603.42$4,340
Dec 201201,53986.773.42$5,264
Nov 201201,52486.953.62$5,524
Oct 201201,53189.383.40$5,205
Sep 2012741,43994.672.92$11,205
Aug 201201,45492.662.91$4,228
Jul 201201,60085.133.02$4,833
Jun 201201,44879.822.52$3,648
May 201202,11491.612.49$5,260
Apr 201202,026101.652.00$4,046
Mar 201201,407105.052.22$3,126
Feb 2012791,506101.102.57$11,858
Jan 201201,96198.092.73$5,362
Dec 201102,48196.873.24$8,038
Nov 201102,51495.723.31$8,325
Oct 201102,23584.983.65$8,154
Sep 201101,77783.623.99$7,083
Aug 201101,69583.404.15$7,033
Jul 201102,13094.144.52$9,622
Jun 201102,47892.904.64$11,498
May 201102,42898.134.40$10,695
Apr 2011892,124105.964.33$18,634
Mar 201102,01996.364.06$8,192
Feb 201101,06385.644.18$4,443
Jan 201101,09386.504.59$5,016
Dec 2010702,51685.734.35$16,940
Nov 201002,23880.843.80$8,494
Oct 201002,40878.103.51$8,449
Sep 201002,39472.633.98$9,527
Aug 201002,67673.684.42$11,826
Jul 201002,60072.554.74$12,315
Jun 201002,25770.364.91$11,083
May 201002,67371.124.24$11,321
Apr 2010612,74481.694.12$16,296
Mar 201002,69778.394.39$11,836
Feb 201002,35073.585.44$12,790
Jan 201002,52674.365.96$15,065
Dec 200902,59871.445.48$14,247
Nov 2009592,57374.593.75$14,053
Oct 200902,67372.544.11$10,987
Sep 200902,67165.543.06$8,186
Aug 200902,40867.423.22$7,750
Jul 200902,12761.133.46$7,369
Jun 200901,57666.163.90$6,139
May 200902,41154.743.93$9,465
Apr 2009632,28246.773.59$11,133
Mar 200902,11142.144.06$8,569
Feb 200902,43932.814.63$11,300
Jan 2009442,67635.865.37$15,951
Dec 200803,06837.105.98$18,338
Nov 200803,05555.496.86$20,958
Oct 200802,75775.246.92$19,084
Sep 200801,890101.767.88$14,888
Aug 2008391,826114.228.48$19,945
Jul 200801,896131.0811.39$21,594
Jun 200801,803131.3313.03$23,498
May 2008372,544123.1711.57$34,002
Apr 200801,924110.3110.45$20,115
Mar 200802,499101.909.66$24,151
Feb 200802,67992.538.77$23,496
Jan 2008483,21890.388.21$30,744
Dec 200703,09988.337.30$22,629
Nov 200703,42491.677.29$24,967
Oct 200703,52182.856.92$24,372
Sep 200703,29175.846.24$20,550
Aug 200703,38469.066.39$21,617
Jul 200703,35970.906.39$21,457
Jun 200703,07062.007.55$23,174
May 200702,48258.747.85$19,474
Apr 2007582,76559.617.81$25,039
Mar 200702,95256.927.30$21,555
Feb 2007902,61355.108.22$26,427
Jan 200703,12450.306.73$21,015
Dec 200603,04156.656.92$21,039
Nov 20061002,76354.207.62$26,467
Oct 200602,96954.906.01$17,855
Sep 200602,38260.085.04$11,999
Aug 20061103,09268.717.34$30,253
Jul 200603,29069.376.34$20,868
Jun 200602,94466.286.38$18,794
May 20061233,53966.016.42$30,857
Apr 200603,74964.397.36$27,594
Mar 200603,87956.707.08$27,475
Feb 2006693,27757.597.75$29,374
Jan 200604,96060.598.93$44,309
Dec 2005604,78054.9413.42$67,422
Nov 200503,72254.6910.59$39,410
Oct 200503,82258.3413.80$52,727
Sep 200513,89061.4512.08$47,049
Aug 200514,20461.519.80$41,247
Jul 200534,50455.697.84$35,495
Jun 2005134,48252.337.38$33,762
May 2005134,08745.226.65$27,771
Apr 200504,44449.207.36$32,710
Mar 2005133,61450.377.15$26,513
Feb 2005134,11445.226.31$26,555
Jan 2005135,23143.166.32$33,633
Dec 200404,03839.866.75$27,261
Nov 2004144,32145.286.33$27,988
Oct 2004143,30649.706.52$22,235
Sep 200404,50243.245.28$23,788
Aug 2004133,77642.375.55$21,510
Jul 2004144,28138.286.08$26,582
Jun 2004271,61636.106.43$11,370
May 200403,42437.486.49$22,237
Apr 2004204,27234.475.86$25,717
Mar 2004544,10134.365.53$24,535
Feb 2004613,36432.455.51$20,514
Jan 2004624,37632.036.30$29,553
Dec 2003313,87830.266.30$25,376
Nov 200306,52928.804.60$30,002
Oct 2003295,47928.174.76$26,895
Sep 2003295,06526.314.75$24,819
Aug 2003296,71229.765.13$35,294
Jul 2003295,76929.415.17$30,683
Jun 2003294,60628.565.98$28,386
May 2003304,91326.595.97$30,141
Apr 2003304,65326.675.41$25,960
Mar 2003585,32531.146.10$34,268
Feb 2003294,96033.487.93$40,283
Jan 2003586,63030.315.58$38,767
Dec 2002584,27326.914.85$22,301
Nov 2002542,60524.664.14$12,108
Oct 2002524,63526.464.23$20,978
Sep 2002242,77627.443.64$10,750
Aug 2002493,19525.963.16$11,382
Jul 2002273,26324.583.06$10,654
Jun 2002482,03023.733.34$7,916
May 200201,68524.663.58$6,039
Apr 2002263,20223.653.51$11,861
Mar 2002223,30822.003.10$10,748
Feb 2002401,92918.222.38$5,311
Jan 200202,72917.172.38$6,483
Dec 2001931,34116.932.36$4,745
Nov 200101,79618.072.41$4,320
Oct 20011013,65519.782.53$11,241
Sep 2001504,80824.262.25$12,037
Aug 2001502,70124.873.05$9,490
Jul 2001512,46623.933.20$9,104
Jun 2001372,98924.563.82$12,339
May 2001206,41025.524.31$28,120
Apr 2001395,88024.685.34$32,334
Mar 2001192,52224.545.38$14,026
Feb 2001392,71427.755.77$16,734
Jan 2001436,95627.478.40$59,603
Dec 2000405,60126.889.12$52,170
Nov 2000198,25332.215.66$47,307
Oct 2000465,31331.235.15$28,775
Sep 2000736,48331.875.19$35,951
Aug 2000377,08029.644.54$33,245
Jul 2000658,66828.534.09$37,304
Jun 2000261,22429.304.40$6,144
May 2000271,16227.263.68$5,012
Apr 2000688,94024.513.12$29,524
Mar 2000739,02528.422.86$27,884
Feb 2000579,77627.622.73$28,229
Jan 20004310,26425.272.48$26,546
Dec 1999558,87424.282.42$22,843
Nov 1999479,11223.192.43$23,268
Oct 19994813,27020.982.80$38,212
Sep 1999475,09321.752.62$14,360
Aug 19990019.262.88$0
Jul 1999322,28117.892.37$5,984
Jun 1999348,34215.942.36$20,247
May 1999949,16515.792.32$22,756
Apr 19991338,75615.102.21$21,342
Mar 199914011,21412.471.84$22,361
Feb 19991277,3319.981.82$14,594
Jan 19991246,79210.381.90$14,192
Dec 199821010,2069.201.77$20,031
Nov 19981297,87810.892.19$18,624
Oct 199821810,24612.421.97$22,884
Sep 19981359,84812.592.08$22,209
Aug 19981309,16011.301.91$18,940
Jul 199820310,32711.742.24$25,488
Jun 19982049,83011.242.24$24,285
May 19982049,32112.622.21$23,140
Apr 199821110,04813.042.51$27,925
Mar 199828110,62612.802.31$28,137
Feb 199834710,09213.952.30$28,043
Jan 199828211,77214.702.15$29,512
Dec 199736314,00116.322.41$39,682
Nov 199716716,14318.193.09$52,892
Oct 199715414,50819.253.15$48,662
Sep 199723612,35717.742.95$40,700
Aug 199723814,74117.862.55$41,910
Jul 199723215,62917.582.25$39,196
Jun 199722816,46517.242.26$41,096
May 19972216,16618.972.31$18,427
Apr 19975927,99017.882.08$27,226
Mar 199716618,44518.951.94$38,913
Feb 199725216,65320.492.21$41,898
Jan 199716618,20523.483.54$68,338
Dec 199624820,04423.32$5,783
Nov 199616718,61421.97$3,669
Oct 199616317,72723.31$3,800
Sep 199625422,89422.22$5,644
Aug 199616621,54720.26$3,363
Jul 199616313,96319.55$3,187
Jun 19967813,19718.73$1,461
May 199610614,32919.43$2,060
Apr 199616012,00521.51$3,442
Mar 199611417,40519.38$2,209
Feb 199610516,98516.98$1,783
Jan 199617913,89417.07$3,056
Dec 199518418,85917.19$3,163
Nov 199528712,58716.00$4,592
Oct 199530417,47915.43$4,691
Sep 199529219,91716.18$4,725
Aug 199515717,40015.92$2,499
Jul 199515119,68215.24$2,301
Jun 199523118,68216.41$3,791
May 199523122,58117.56$4,056
Apr 199515821,73217.73$2,801
Mar 199523124,91016.44$3,798
Feb 199515822,55016.58$2,620
Jan 199523926,97915.92$3,805
Dec 199427029,08515.03$4,058
Nov 19947729,53815.90$1,224
Oct 19947833,16315.58$1,215
Sep 199410435,16315.29$1,590
Aug 19947737,61716.13$1,242
Jul 19945531,19117.56$966
Jun 199412828,62317.09$2,188
May 199414833,31015.88$2,350
Apr 199421119,01614.14$2,984
Mar 199428916,73512.46$3,601
Feb 199421315,02612.50$2,663
Jan 199429614,44912.66$3,747
Dec 199337314,96612.33$4,599
Nov 199332621,87114.49$4,724
Oct 199355330,74515.85$8,765
Sep 199368828,66115.03$10,341
Aug 199338432,57715.66$6,013
Jul 199362335,70315.46$9,632
Jun 199360444,83816.79$10,141
May 199367338,44017.68$11,899

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.

Sep 2020 — as filed, then multipliedworked
Condensate             9 bbl  × $ 37.09 =       $334
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                     $334

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/146007 is the state's own key, not one this site invented.