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 167152District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Nov 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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 Gas111998-04-16138127
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
CondensateDisposition6,114 bbl$226,630
GasProduction1,194,039 Mcf$5,246,187
Total$5,472,817

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 32.1969, -94.4921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19686, -94.49207 · 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
Nov 1997
1 of 1 wells

1 well

42-36533715810,000 ftNov 1997

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 (343)

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

343 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 20231072.852.39$73
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202219285.005.65$604
Oct 202208987.185.86$522
Sep 202207084.888.16$571
Aug 202205694.529.13$511
Jul 2022078101.587.54$588
Jun 2022266115.097.98$757
May 2022097109.378.43$818
Apr 2022083104.226.84$568
Mar 20222125108.885.08$852
Feb 202207791.054.86$374
Jan 2022016781.844.54$758
Dec 2021415471.323.90$886
Nov 2021015777.435.24$822
Oct 2021014579.795.71$829
Sep 2021017969.865.35$958
Aug 2021321266.024.22$1,093
Jul 2021023070.783.98$916
Jun 2021412569.493.38$701
May 2021717063.483.02$957
Apr 2021014560.362.76$400
Mar 2021024661.302.72$668
Feb 2021018057.805.55$999
Jan 2021024050.412.81$674
Dec 2020026044.642.68$696
Nov 2020428838.772.71$935
Oct 2020027436.972.48$679
Sep 20203926037.091.99$1,964
Aug 2020026539.982.39$632
Jul 2020030238.371.83$551
Jun 2020041634.901.69$703
May 2020040516.921.81$735
Apr 2020046714.751.80$843
Mar 2020042230.341.86$783
Feb 2020060149.881.98$1,190
Jan 202001,06457.252.09$2,229
Dec 201901,33559.012.30$3,076
Nov 201901,35855.302.75$3,735
Oct 201901,85753.472.42$4,491
Sep 201901,85255.052.66$4,921
Aug 201901,99753.112.30$4,602
Jul 201901,99356.272.46$4,903
Jun 2019941,93252.782.49$9,774
May 201901,86258.482.74$5,102
Apr 201901,91062.632.75$5,254
Mar 201901,51856.803.06$4,648
Feb 201901,80550.852.79$5,040
Jan 201901,92546.033.23$6,214
Dec 201802,06646.594.19$8,647
Nov 201801,47552.934.24$6,250
Oct 201801,52361.443.40$5,175
Sep 201801,53859.543.11$4,780
Aug 201801,86659.403.07$5,722
Jul 2018961,72365.142.93$11,305
Jun 201802,12260.183.08$6,529
May 201802,34465.382.90$6,799
Apr 201802,09363.842.90$6,071
Mar 2018072261.222.79$2,012
Feb 201801,27561.782.77$3,527
Jan 201801,59562.874.01$6,395
Dec 201701,39057.272.92$4,061
Nov 201702,36955.423.12$7,387
Oct 201702,47549.292.98$7,385
Sep 201702,26847.523.09$7,002
Aug 201702,51445.373.00$7,553
Jul 201702,48943.873.09$7,684
Jun 201702,63042.493.09$8,120
May 201702,37245.373.26$7,741
Apr 20171362,81447.933.21$15,556
Mar 201702,88446.772.98$8,605
Feb 201702,48450.452.95$7,334
Jan 201702,72649.413.42$9,320
Dec 201602,73048.763.72$10,163
Nov 201603,33642.492.64$8,822
Oct 201604,11346.193.09$12,710
Sep 201603,14441.553.10$9,748
Aug 201601,75241.442.92$5,123
Jul 2016181,47741.622.92$5,068
Jun 201601,06445.352.69$2,858
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
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 2015030549.822.71$826
Mar 2015054942.892.93$1,611
Feb 2015044744.662.98$1,330
Jan 2015048143.433.10$1,491
Dec 2014055254.693.59$1,982
Nov 2014056870.464.25$2,415
Oct 2014084078.303.90$3,277
Sep 2014019886.164.05$801
Aug 2014054489.394.04$2,195
Jul 2014058796.564.18$2,453
Jun 20141363998.164.74$4,303
May 2014056194.734.73$2,652
Apr 2014075395.944.81$3,621
Mar 2014071095.895.06$3,590
Feb 2014088697.406.19$5,486
Jan 2014611,02390.404.86$10,487
Dec 201301,01691.824.35$4,424
Nov 201301,10888.853.74$4,142
Oct 201301,10497.423.78$4,172
Sep 201301,550104.113.72$5,763
Aug 201303,126104.253.52$11,012
Jul 201303,110102.523.72$11,562
Jun 201302,73294.403.93$10,746
May 201302,35394.834.15$9,763
Apr 2013402,40793.964.28$14,067
Mar 201302,20793.623.91$8,636
Feb 201302,77691.233.42$9,494
Jan 201302,97691.603.42$10,178
Dec 201203,01086.773.42$10,295
Nov 201202,36286.953.62$8,562
Oct 201202,29989.383.40$7,816
Sep 2012672,72094.672.92$14,281
Aug 201203,37592.662.91$9,815
Jul 201203,78285.133.02$11,425
Jun 201202,45179.822.52$6,174
May 201203,42791.612.49$8,527
Apr 201202,643101.652.00$5,278
Mar 201202,912105.052.22$6,471
Feb 2012631,800101.102.57$10,996
Jan 201201,93798.092.73$5,296
Dec 201102,30996.873.24$7,481
Nov 201103,21595.723.31$10,646
Oct 201102,78784.983.65$10,168
Sep 201103,01983.623.99$12,033
Aug 201102,69483.404.15$11,178
Jul 201103,68394.144.52$16,637
Jun 201102,64692.904.64$12,277
May 201102,61398.134.40$11,510
Apr 2011763,286105.964.33$22,292
Mar 201101,83696.364.06$7,449
Feb 201102,51085.644.18$10,492
Jan 201101,26386.504.59$5,796
Dec 2010642,81585.734.35$17,726
Nov 201003,10980.843.80$11,800
Oct 201003,26378.103.51$11,450
Sep 201003,29572.633.98$13,112
Aug 201003,57373.684.42$15,790
Jul 201002,65472.554.74$12,571
Jun 201003,41470.364.91$16,764
May 201002,65871.124.24$11,257
Apr 2010613,41381.694.12$19,054
Mar 201003,63478.394.39$15,948
Feb 201002,30373.585.44$12,534
Jan 201003,54874.365.96$21,161
Dec 200903,15471.445.48$17,296
Nov 2009683,72374.593.75$19,039
Oct 200903,59372.544.11$14,768
Sep 200903,66765.543.06$11,238
Aug 200903,85867.423.22$12,417
Jul 200903,93161.133.46$13,619
Jun 200903,14766.163.90$12,258
May 200903,72654.743.93$14,627
Apr 2009632,97546.773.59$13,619
Mar 200903,49142.144.06$14,170
Feb 200903,47732.814.63$16,109
Jan 2009813,92335.865.37$23,975
Dec 200803,75937.105.98$22,468
Nov 200803,74155.496.86$25,665
Oct 200803,85075.246.92$26,650
Sep 200803,576101.767.88$28,168
Aug 2008524,375114.228.48$43,053
Jul 200804,314131.0811.39$49,134
Jun 200803,515131.3313.03$45,810
May 2008604,266123.1711.57$56,766
Apr 200804,294110.3110.45$44,893
Mar 200803,698101.909.66$35,738
Feb 200803,38192.538.77$29,653
Jan 2008543,99090.388.21$37,621
Dec 200703,89388.337.30$28,427
Nov 200703,73991.677.29$27,264
Oct 200704,69882.856.92$32,519
Sep 200704,30375.846.24$26,869
Aug 200704,40569.066.39$28,139
Jul 200704,47670.906.39$28,592
Jun 200704,63362.007.55$34,972
May 200703,81558.747.85$29,934
Apr 2007714,37359.617.81$38,364
Mar 200704,94956.927.30$36,137
Feb 2007444,29355.108.22$37,696
Jan 200704,03150.306.73$27,116
Dec 200605,14456.656.92$35,588
Nov 2006433,78554.207.62$31,163
Oct 200604,32054.906.01$25,980
Sep 200604,70460.085.04$23,695
Aug 2006334,86768.717.34$37,991
Jul 200605,50169.376.34$34,892
Jun 200605,32266.286.38$33,975
May 2006315,53066.016.42$37,577
Apr 200605,70864.397.36$42,014
Mar 200606,19056.707.08$43,843
Feb 2006625,90657.597.75$49,349
Jan 200605,20860.598.93$46,525
Dec 2005906,19854.9413.42$88,093
Nov 200505,21954.6910.59$55,261
Oct 200506,91658.3413.80$95,411
Sep 200513,03361.4512.08$36,697
Aug 200525,42061.519.80$53,222
Jul 200549,00955.697.84$70,886
Jun 2005218,80252.337.38$66,067
May 20052210,05245.226.65$67,852
Apr 2005097849.207.36$7,199
Mar 20052396750.377.15$8,077
Feb 2005231,02445.226.31$7,503
Jan 2005221,66043.166.32$11,444
Dec 200401,88139.866.75$12,699
Nov 2004201,90645.286.33$12,971
Oct 2004162,36049.706.52$16,171
Sep 200402,96543.245.28$15,667
Aug 2004212,50142.375.55$14,772
Jul 2004255,70638.286.08$35,673
Jun 2004482,53036.106.43$18,008
May 200405,60837.486.49$36,422
Apr 2004355,21834.475.86$31,776
Mar 2004955,79634.365.53$35,317
Feb 20041035,59632.455.51$34,174
Jan 20041084,86832.036.30$34,126
Dec 2003544,84930.266.30$32,191
Nov 200306,54128.804.60$30,057
Oct 2003527,60328.174.76$37,652
Sep 2003527,24326.314.75$35,768
Aug 2003526,62529.765.13$35,532
Jul 2003526,36629.415.17$34,447
Jun 2003517,32328.565.98$45,270
May 2003525,26326.595.97$32,817
Apr 2003526,13426.675.41$34,555
Mar 20031005,99531.146.10$39,660
Feb 2003526,10333.487.93$50,113
Jan 20031027,15330.315.58$43,020
Dec 20021027,75626.914.85$40,391
Nov 2002946,80324.664.14$30,462
Oct 2002967,39626.464.23$33,819
Sep 2002475,62227.443.64$21,727
Aug 2002996,22025.963.16$22,251
Jul 2002545,98124.583.06$19,640
Jun 20021004,59623.733.34$17,716
May 200204,18024.663.58$14,981
Apr 2002574,83923.653.51$18,344
Mar 2002494,27522.003.10$14,342
Feb 20021374,11418.222.38$12,270
Jan 200206,90517.172.38$16,404
Dec 2001798,21916.932.36$20,770
Nov 200103,45518.072.41$8,311
Oct 2001515,65219.782.53$15,302
Sep 2001256,14224.262.25$14,434
Aug 2001258,81224.873.05$27,526
Jul 2001266,95423.933.20$22,855
Jun 2001323,75124.563.82$15,130
May 2001384,37425.524.31$19,810
Apr 2001775,10624.685.34$29,143
Mar 2001386,65524.545.38$36,713
Feb 2001796,30027.755.77$38,525
Jan 2001827,33027.478.40$63,815
Dec 20005411,02326.889.12$102,009
Nov 2000188,72832.215.66$49,963
Oct 20003512,28531.235.15$64,306
Sep 2000418,53431.875.19$45,568
Aug 20002110,85729.644.54$49,921
Jul 20004614,79828.534.09$61,833
Jun 2000265,23529.304.40$23,781
May 2000301,81427.263.68$7,493
Apr 2000684,75524.513.12$16,483
Mar 2000734,66328.422.86$15,410
Feb 2000697,69527.622.73$22,886
Jan 2000657,47325.272.48$20,179
Dec 19991028,88324.282.42$24,006
Nov 19991189,31123.192.43$25,399
Oct 199911711,55420.982.80$34,849
Sep 1999799,92521.752.62$27,710
Aug 19990019.262.88$0
Jul 1999392,54317.892.37$6,731
Jun 1999439,13315.942.36$22,258
May 19991309,96615.792.32$25,184
Apr 1999869,42515.102.21$22,109
Mar 19992910,40712.471.84$19,493
Feb 1999279,1759.981.82$16,948
Jan 19992710,51410.381.90$20,256
Dec 19984111,6039.201.77$20,953
Nov 19982611,30510.892.19$24,993
Oct 19984512,89412.421.97$25,950
Sep 19982713,50012.592.08$28,455
Aug 19982714,72411.301.91$28,389
Jul 19983916,41511.742.24$37,183
Jun 19983917,07211.242.24$38,633
May 19983917,72212.622.21$39,593
Apr 19984118,10913.042.51$45,904
Mar 19985422,17012.802.31$51,891
Feb 19986722,17913.952.30$51,927
Jan 19984427,48414.702.15$59,869
Dec 19972726,81116.322.41$65,085
Nov 19970018.193.09$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.

Mar 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 72.85 =        $73
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                      $73

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/167152 is the state's own key, not one this site invented.