HOLCOMB "C"

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

Gas lease lease 173453District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
May 1999 – Feb 2010
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
130
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

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 Gas111999-07-28140699
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
CondensateDisposition2,599 bbl$78,266
GasProduction1,197,507 Mcf$5,203,822
Total$5,282,088

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 32.2493, -94.7682. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24927, -94.76815 · 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
100.0%
1 of 1 wells
Median depth
10,950 ft
1 wells filed one
Completion to plug
10.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,950 ft.

Completions filed
May 1999
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40132881610,950 ftMay 1999Feb 2010Yes

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 (130)

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

130 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20096067.423.22$405
Jul 2009013961.133.46$482
Jun 2009033466.163.90$1,301
May 20091078154.743.93$3,613
Apr 2009083846.773.59$3,006
Mar 200901,24142.144.06$5,037
Feb 200901,26432.814.63$5,856
Jan 2009101,77135.865.37$9,871
Dec 200802,86537.105.98$17,125
Nov 200802,85355.496.86$19,573
Oct 200802,96775.246.92$20,538
Sep 200802,663101.767.88$20,977
Aug 200801,861114.228.48$15,787
Jul 200802,654131.0811.39$30,228
Jun 200802,562131.3313.03$33,390
May 200803,115123.1711.57$36,054
Apr 200801,569110.3110.45$16,404
Mar 200803,084101.909.66$29,804
Feb 200802,34892.538.77$20,593
Jan 200803,11490.388.21$25,553
Dec 200732,57988.337.30$19,097
Nov 200703,55091.677.29$25,886
Oct 200742,85882.856.92$20,114
Sep 200703,42475.846.24$21,380
Aug 200743,00769.066.39$19,485
Jul 200743,23270.906.39$20,929
Jun 200703,20362.007.55$24,178
May 200792,92158.747.85$23,448
Apr 200703,33359.617.81$26,015
Mar 200744,13756.927.30$30,436
Feb 200793,25055.108.22$27,198
Jan 2007462,54750.306.73$19,447
Dec 200603,51956.656.92$24,346
Nov 2006653,50754.207.62$30,238
Oct 200603,41454.906.01$20,531
Sep 200613,16360.085.04$15,993
Aug 200603,15368.717.34$23,143
Jul 2006343,32569.376.34$23,448
Jun 200603,00866.286.38$19,203
May 2006143,18666.016.42$21,394
Apr 200603,47064.397.36$25,541
Mar 200603,76656.707.08$26,674
Feb 200603,38557.597.75$26,238
Jan 2006203,68360.598.93$34,113
Dec 200503,97654.9413.42$53,340
Nov 200503,60654.6910.59$38,182
Oct 20051013,94458.3413.80$60,303
Sep 200503,92161.4512.08$47,362
Aug 2005554,11061.519.80$43,648
Jul 200504,17355.697.84$32,732
Jun 200504,59852.337.38$33,938
May 200574,17245.226.65$28,065
Apr 200504,35749.207.36$32,070
Mar 200504,41450.377.15$31,582
Feb 200563,87345.226.31$24,717
Jan 200504,88843.166.32$30,903
Dec 2004266,17739.866.75$42,738
Nov 200405,05845.286.33$32,019
Oct 2004415,55949.706.52$38,255
Sep 200405,22143.245.28$27,587
Aug 200405,58742.375.55$31,012
Jul 200405,53838.286.08$33,694
Jun 2004304,90236.106.43$32,618
May 200405,00137.486.49$32,479
Apr 2004375,03034.475.86$30,743
Mar 200405,03434.365.53$27,839
Feb 200406,43332.455.51$35,443
Jan 2004286,11032.036.30$39,388
Dec 200305,99830.266.30$37,797
Nov 2003255,38628.804.60$25,470
Oct 200306,36928.174.76$30,314
Sep 2003195,22226.314.75$25,301
Aug 200306,35329.765.13$32,589
Jul 2003146,48929.415.17$33,965
Jun 200376,60428.565.98$39,711
May 200307,81426.595.97$46,671
Apr 200396,92326.675.41$37,675
Mar 200397,54431.146.10$46,269
Feb 200307,62833.487.93$60,459
Jan 200389,06330.315.58$50,833
Dec 2002117,12626.914.85$34,884
Nov 200207,45824.664.14$30,853
Oct 2002109,55326.464.23$40,665
Sep 2002010,34527.443.64$37,606
Aug 2002011,68825.963.16$36,983
Jul 20021010,14024.583.06$31,292
Jun 200209,63823.733.34$32,174
May 2002628,55024.663.58$32,172
Apr 2002738,82023.653.51$32,705
Mar 2002010,70822.003.10$33,224
Feb 20028310,53518.222.38$26,540
Jan 20028812,59617.172.38$31,435
Dec 20014813,64116.932.36$33,065
Nov 2001012,87818.072.41$30,978
Oct 2001013,31619.782.53$33,675
Sep 2001013,86224.262.25$31,208
Aug 2001014,92824.873.05$45,578
Jul 20015014,93923.933.20$48,958
Jun 20014514,85324.563.82$57,905
May 20013615,04625.524.31$65,727
Apr 20013715,33524.685.34$82,730
Mar 20014015,11224.545.38$82,230
Feb 2001014,34027.755.77$82,700
Jan 20016814,48427.478.40$123,516
Dec 2000014,90426.889.12$135,962
Nov 20003215,96632.215.66$91,366
Oct 20003418,41031.235.15$95,790
Sep 20004817,93631.875.19$94,555
Aug 20005021,48229.644.54$99,026
Jul 20004621,69028.534.09$90,019
Jun 20004621,86829.304.40$97,507
May 20005025,84527.263.68$96,466
Apr 20006820,72024.513.12$66,230
Mar 20009126,94828.422.86$79,651
Feb 2000125,10527.622.73$68,476
Jan 200018027,56625.272.48$72,926
Dec 1999127,17724.282.42$65,894
Nov 199910428,75523.192.43$72,401
Oct 1999037,20720.982.80$104,318
Sep 199911241,57621.752.62$111,317
Aug 199925552,95219.262.88$157,180
Jul 199914271,84217.892.37$172,976
Jun 19991372,08515.942.36$170,479
May 199903,86415.792.32$8,968

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.

Aug 2009 — as filed, then multipliedworked
Condensate             6 bbl  × $ 67.42 =       $405
Gas                    0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                     $405

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/173453 is the state's own key, not one this site invented.