CULLEN, J.B. UNIT

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 197740District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Sep 2003 – May 2026
Value, last 12 filed months
$61 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 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 Gas112004-02-23153981
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
CondensateDisposition8,187 bbl$469,300
GasProduction916,821 Mcf$5,009,524
Total$5,478,824

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 32.4146, -94.5387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41459, -94.53869 · 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
10,503 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 10,503 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-20332829410,503 ftSep 2003

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

May 202619905106.413.05$4,778
Apr 202601,51398.932.87$4,342
Mar 2026792589.753.15$3,541
Feb 202601,03363.503.75$3,874
Jan 2026221,25559.138.00$11,338
Dec 202501,31356.664.41$5,795
Nov 202501,20858.593.93$4,743
Oct 2025231,26159.383.30$5,533
Sep 202501,04162.743.08$3,203
Aug 202501,27963.933.01$3,856
Jul 2025251,43466.743.32$6,423
Jun 202501,15966.483.13$3,626
May 2025231,40460.553.23$5,931
Apr 202501,30662.363.54$4,627
Mar 2025241,37267.704.27$7,481
Feb 202501,29370.884.34$5,613
Jan 202501,33574.324.28$5,712
Dec 2024191,58668.993.12$6,261
Nov 202401,29069.052.20$2,836
Oct 202401,25671.372.28$2,865
Sep 2024171,75569.612.36$5,333
Aug 2024131,28475.632.06$3,633
Jul 202406879.932.15$146
Jun 2024080378.082.63$2,115
May 20240078.812.20$0
Apr 20242196584.451.66$3,375
Mar 202401,21480.301.55$1,876
Feb 202401,38376.091.78$2,467
Jan 2024171,32773.023.30$5,617
Dec 2023098471.262.61$2,569
Nov 202301,83177.892.81$5,141
Oct 2023191,65385.443.09$6,727
Sep 202301,34089.042.74$3,665
Aug 202301,60180.522.67$4,279
Jul 202301,78674.852.64$4,718
Jun 2023141,64568.962.26$4,681
May 2023088870.622.23$1,978
Apr 202301,24778.122.24$2,790
Mar 2023131,30672.852.39$4,073
Feb 2023201,10975.112.47$4,237
Jan 202301,28376.533.39$4,346
Dec 202201,51076.415.73$8,651
Nov 2022361,33185.005.65$10,575
Oct 202201,64287.185.86$9,628
Sep 2022341,61584.888.16$16,070
Aug 202201,64294.529.13$14,987
Jul 202201,588101.587.54$11,977
Jun 202201,914115.097.98$15,268
May 2022341,941109.378.43$20,087
Apr 202201,698104.226.84$11,610
Mar 2022431,906108.885.08$14,357
Feb 202201,72891.054.86$8,396
Jan 2022291,85781.844.54$10,800
Dec 202101,83571.323.90$7,155
Nov 2021241,44977.435.24$9,447
Oct 202101,41279.795.71$8,068
Sep 202101,58669.865.35$8,487
Aug 2021221,42166.024.22$7,450
Jul 202101,07970.783.98$4,297
Jun 2021221,70269.493.38$7,283
May 202101,45963.483.02$4,403
Apr 2021221,69860.362.76$6,012
Mar 202101,66561.302.72$4,524
Feb 2021251,01157.805.55$7,054
Jan 202101,31850.412.81$3,704
Dec 2020311,49344.642.68$5,378
Nov 2020093938.772.71$2,541
Oct 2020391,75136.972.48$5,782
Sep 202001,61737.091.99$3,220
Aug 2020441,81739.982.39$6,093
Jul 202002,04938.371.83$3,740
Jun 2020502,02334.901.69$5,165
May 202002,07016.921.81$3,757
Apr 2020461,88314.751.80$4,076
Mar 2020501,79630.341.86$4,851
Feb 202002,24249.881.98$4,441
Jan 20204741757.252.09$3,564
Dec 201901,67359.012.30$3,855
Nov 201901,64455.302.75$4,522
Oct 2019291,87053.472.42$6,073
Sep 201902,29855.052.66$6,106
Aug 2019232,43353.112.30$6,828
Jul 201902,26456.272.46$5,570
Jun 2019212,14452.782.49$6,450
May 201902,06158.482.74$5,648
Apr 2019232,06162.632.75$7,110
Mar 201902,23156.803.06$6,832
Feb 2019221,99850.852.79$6,698
Jan 201912,07646.033.23$6,748
Dec 2018092846.594.19$3,884
Nov 2018371,31452.934.24$7,526
Oct 201802,35861.443.40$8,013
Sep 2018492,40459.543.11$10,389
Aug 201802,28959.403.07$7,019
Jul 2018402,18065.142.93$8,997
Jun 201802,16860.183.08$6,671
May 201812,54065.382.90$7,433
Apr 201801,54963.842.90$4,493
Mar 201891,76861.222.79$5,478
Feb 201802,20661.782.77$6,102
Jan 2018291,24062.874.01$6,795
Dec 201702,16657.272.92$6,328
Nov 2017472,46655.423.12$10,295
Oct 201702,18849.292.98$6,528
Sep 2017502,47747.523.09$10,023
Aug 201702,48845.373.00$7,475
Jul 2017522,77143.873.09$10,836
Jun 201702,43942.493.09$7,530
May 2017493,19045.373.26$12,633
Apr 2017373,27947.933.21$12,304
Mar 201702,02646.772.98$6,045
Feb 2017321,53350.452.95$6,141
Jan 2017321,67349.413.42$7,301
Dec 201601,66648.763.72$6,202
Nov 2016212,06742.492.64$6,358
Oct 2016202,40846.193.09$8,365
Sep 201602,39441.553.10$7,423
Aug 2016202,71941.442.92$8,780
Jul 201602,77841.622.92$8,124
Jun 2016202,36645.352.69$7,262
May 201602,26342.521.99$4,506
Apr 2016212,18836.561.99$5,124
Mar 2016192,83033.011.79$5,704
Feb 2016152,89226.472.06$6,365
Jan 201601,53727.352.36$3,634
Dec 2015122,13032.362.00$4,651
Nov 201572,05738.792.17$4,730
Oct 201512,25443.552.43$5,513
Sep 201502,49142.992.76$6,871
Aug 201502,38840.162.87$6,860
Jul 201502,51248.152.95$7,398
Jun 201502,64956.152.88$7,637
May 201502,90455.212.96$8,583
Apr 201502,84349.822.71$7,695
Mar 201502,55442.892.93$7,495
Feb 201502,01044.662.98$5,982
Jan 201501,73243.433.10$5,370
Dec 201402,26254.693.59$8,124
Nov 201402,09570.464.25$8,908
Oct 201401,87478.303.90$7,310
Sep 201401,81986.164.05$7,359
Aug 201402,07389.394.04$8,365
Jul 201402,29696.564.18$9,596
Jun 201402,37098.164.74$11,226
May 201402,06494.734.73$9,756
Apr 201401,97795.944.81$9,508
Mar 201401,78195.895.06$9,006
Feb 201401,63697.406.19$10,130
Jan 201401,74690.404.86$8,487
Dec 201301,50191.824.35$6,536
Nov 201302,45288.853.74$9,166
Oct 201302,77497.423.78$10,484
Sep 201302,744104.113.72$10,201
Aug 201302,855104.253.52$10,057
Jul 201302,990102.523.72$11,116
Jun 201302,89694.403.93$11,391
May 201303,11794.834.15$12,933
Apr 201302,83793.964.28$12,150
Mar 201302,55493.623.91$9,993
Feb 201301,81291.233.42$6,197
Jan 201302,21591.603.42$7,575
Dec 201251,78586.773.42$6,539
Nov 2012111,69086.953.62$7,083
Oct 2012111,58489.383.40$6,368
Sep 201291,69694.672.92$5,802
Aug 2012101,68092.662.91$5,812
Jul 2012101,89485.133.02$6,573
Jun 2012221,92179.822.52$6,595
May 201292,24491.612.49$6,408
Apr 2012131,542101.652.00$4,401
Mar 2012162,555105.052.22$7,358
Feb 2012182,933101.102.57$9,358
Jan 2012302,75598.092.73$10,475
Dec 2011163,01596.873.24$11,318
Nov 2011193,16095.723.31$12,282
Oct 2011183,38984.983.65$13,895
Sep 2011183,26683.623.99$14,523
Aug 2011163,40283.404.15$15,450
Jul 2011163,51294.144.52$17,371
Jun 2011353,07692.904.64$17,524
May 2011133,74898.134.40$17,785
Apr 2011162,269105.964.33$11,528
Mar 2011353,93196.364.06$19,322
Feb 2011173,30085.644.18$15,250
Jan 2011163,41586.504.59$17,055
Dec 2010693,08485.734.35$19,324
Nov 2010542,84880.843.80$15,174
Oct 20101022,57278.103.51$16,991
Sep 2010472,68972.633.98$14,114
Aug 2010992,88773.684.42$20,053
Jul 2010412,91272.554.74$16,767
Jun 2010952,56270.364.91$19,265
May 2010492,72871.124.24$15,039
Apr 2010972,65781.694.12$18,878
Mar 2010992,60678.394.39$19,197
Feb 2010462,47773.585.44$16,865
Jan 2010892,39374.365.96$20,890
Dec 2009942,66771.445.48$21,341
Nov 2009472,29674.593.75$12,119
Oct 200902,86772.544.11$11,784
Sep 200902,71165.543.06$8,309
Aug 200902,74967.423.22$8,848
Jul 200903,01261.133.46$10,435
Jun 200902,99166.163.90$11,650
May 200923,20854.743.93$12,703
Apr 2009113,00046.773.59$11,277
Mar 2009183,47042.144.06$14,843
Feb 2009102,30432.814.63$11,003
Jan 2009142,74935.865.37$15,267
Dec 2008133,26237.105.98$19,980
Nov 200802,83555.496.86$19,449
Oct 200802,08975.246.92$14,460
Sep 200802,795101.767.88$22,016
Aug 200802,953114.228.48$25,050
Jul 200802,502131.0811.39$28,496
Jun 200802,822131.3313.03$36,778
May 200863,338123.1711.57$39,374
Apr 2008514,563110.3110.45$53,331
Mar 2008705,018101.909.66$55,627
Feb 2008654,79792.538.77$48,087
Jan 2008794,58090.388.21$44,722
Dec 2007573,74788.337.30$32,395
Nov 200733,98991.677.29$29,362
Oct 200753,59482.856.92$25,292
Sep 200784,36475.846.24$27,856
Aug 200785,68869.066.39$36,887
Jul 200796,57670.906.39$42,645
Jun 200735,43762.007.55$41,227
May 2007545,26158.747.85$44,451
Apr 20071367,81059.617.81$69,066
Mar 20072397,50156.927.30$68,376
Feb 20071287,27355.108.22$66,808
Jan 20072467,93550.306.73$65,751
Dec 20061927,26056.656.92$61,105
Nov 20061978,33254.207.62$74,146
Oct 20061079454.906.01$5,324
Sep 2006514,77660.085.04$27,122
Aug 2006916,23568.717.34$52,017
Jul 2006524,77969.376.34$33,919
Jun 2006515,68366.286.38$39,660
May 2006466,00066.016.42$41,586
Apr 20061396,14164.397.36$54,151
Mar 2006506,85656.707.08$51,396
Feb 2006526,51657.597.75$53,501
Jan 2006527,60960.598.93$71,124
Dec 2005507,83954.9413.42$107,910
Nov 20051077,66054.6910.59$86,959
Oct 2005758,10458.3413.80$116,176
Sep 2005867,21061.4512.08$92,374
Aug 2005417,71961.519.80$78,144
Jul 2005798,19555.697.84$68,678
Jun 2005438,45952.337.38$64,686
May 2005869,20745.226.65$65,126
Apr 2005899,50949.207.36$74,370
Mar 20051389,63650.377.15$75,895
Feb 2005979,69745.226.31$65,593
Jan 200515210,54443.166.32$73,222
Dec 200411211,45039.866.75$81,764
Nov 200411912,01545.286.33$81,448
Oct 20047810,00349.706.52$69,047
Sep 2004589,66643.245.28$53,582
Aug 20046611,02642.375.55$63,998
Jul 200414014,44938.286.08$93,270
Jun 200410811,68836.106.43$79,088
May 20048911,86237.486.49$80,374
Apr 200413914,67334.475.86$90,753
Mar 200415413,45834.365.53$79,716
Feb 200413812,94732.455.51$75,811
Jan 200415615,80832.036.30$104,581
Dec 200316018,47330.266.30$121,252
Nov 200313313,15328.804.60$64,271
Oct 200321622,05028.174.76$111,035
Sep 200301,90126.314.75$9,029

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            19 bbl  × $106.41 =     $2,022
Gas                  905 Mcf  × $  3.05 =     $2,756

────────────────────────────────────────────────────
Month total                                   $4,778

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/197740 is the state's own key, not one this site invented.