GRAY

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

Gas lease lease 200157District 06Field 678514002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Jan 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
269
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1976-04-05
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/2005.

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 Gas112004-07-15156382
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
CondensateDisposition24,821 bbl$1,572,346
GasProduction1,287,991 Mcf$8,118,658
Total$9,691,004

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 32.1328, -95.0456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13283, -95.04557 · 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
12,325 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 12,325 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-07331077112,325 ftAug 2017

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 (269)

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

269 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 2025018774.324.28$800
Dec 2024022968.993.12$715
Nov 202409969.052.20$218
Oct 2024015271.372.28$347
Sep 2024011769.612.36$277
Aug 2024019075.632.06$392
Jul 2024020079.932.15$429
Jun 2024020278.082.63$532
May 2024018478.812.20$405
Apr 202417026284.451.66$14,791
Mar 2024032480.301.55$501
Feb 2024013176.091.78$234
Jan 2024013273.023.30$435
Dec 2023016771.262.61$436
Nov 2023015477.892.81$432
Oct 2023037885.443.09$1,167
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 2022037876.415.73$2,166
Nov 202215022585.005.65$14,020
Oct 2022043387.185.86$2,539
Sep 2022029884.888.16$2,433
Aug 2022042494.529.13$3,870
Jul 20220429101.587.54$3,236
Jun 20220222115.097.98$1,771
May 20220243109.378.43$2,049
Apr 2022033104.226.84$226
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 2020037538.772.71$1,015
Oct 2020038836.972.48$962
Sep 2020040437.091.99$804
Aug 2020022639.982.39$539
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020383114.751.80$616
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020010357.252.09$216
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019016456.272.46$403
Jun 20190052.782.49$0
May 201902158.482.74$58
Apr 2019031362.632.75$861
Mar 2019032856.803.06$1,004
Feb 2019097950.852.79$2,734
Jan 20191961746.033.23$2,866
Dec 201801,23346.594.19$5,161
Nov 2018026852.934.24$1,136
Oct 20180061.443.40$0
Sep 2018092759.543.11$2,881
Aug 2018027059.403.07$828
Jul 20183374665.142.93$4,337
Jun 201801,18460.183.08$3,643
May 20186974165.382.90$6,661
Apr 2018861,00763.842.90$8,411
Mar 201801,12061.222.79$3,121
Feb 2018087061.782.77$2,407
Jan 2018076562.874.01$3,067
Dec 20171762,11057.272.92$16,244
Nov 201706455.423.12$200
Oct 2017024049.292.98$716
Sep 2017012447.523.09$383
Aug 20172245.373.00$97
Jul 2017020643.873.09$636
Jun 20174865942.493.09$4,074
May 2017125045.373.26$861
Apr 2017275547.933.21$2,521
Mar 2017381,08746.772.98$5,021
Feb 20171042,16050.452.95$11,624
Jan 201701,06249.413.42$3,631
Dec 2016181,30948.763.72$5,751
Nov 20161781,98342.492.64$12,807
Oct 2016076346.193.09$2,358
Sep 201611,24041.553.10$3,886
Aug 2016141,15441.442.92$3,955
Jul 2016099741.622.92$2,916
Jun 201601,21145.352.69$3,253
May 20161821,04842.521.99$9,825
Apr 201601,12836.561.99$2,246
Mar 2016591633.011.79$1,808
Feb 2016101,41426.472.06$3,183
Jan 2016678127.352.36$2,011
Dec 2015886932.362.00$1,998
Nov 20156785238.792.17$4,446
Oct 2015659243.552.43$1,698
Sep 20151294342.992.76$3,117
Aug 2015768040.162.87$2,234
Jul 2015792348.152.95$3,055
Jun 2015788056.152.88$2,930
May 2015131955.212.96$998
Apr 2015111,02349.822.71$3,317
Mar 2015787642.892.93$2,871
Feb 20151971,08644.662.98$12,030
Jan 201592,30843.433.10$7,547
Dec 2014171,20854.693.59$5,268
Nov 201441,22270.464.25$5,478
Oct 201462,00578.303.90$8,291
Sep 20141892,24586.164.05$25,366
Aug 201482,55289.394.04$11,013
Jul 201472,80296.564.18$12,387
Jun 201402,49598.164.74$11,819
May 2014122,09294.734.73$11,025
Apr 201461,80195.944.81$9,237
Mar 20141811,36395.895.06$24,249
Feb 201402,13397.406.19$13,208
Jan 201494,05290.404.86$20,509
Dec 20131893,95291.824.35$34,563
Nov 201334,93488.853.74$18,711
Oct 201353,79797.423.78$14,837
Sep 20131764,813104.113.72$36,217
Aug 201304,847104.253.52$17,074
Jul 201306,118102.523.72$22,745
Jun 20131815,37794.403.93$38,236
May 201365,46294.834.15$23,231
Apr 20132095,58993.964.28$43,573
Mar 2013155,18293.623.91$21,681
Feb 2013255,18291.233.42$20,003
Jan 20131995,12691.603.42$35,759
Dec 2012266,17886.773.42$23,386
Nov 20121796,67486.953.62$39,757
Oct 20122076,77389.383.40$41,528
Sep 201205,36294.672.92$15,648
Aug 2012155,78092.662.91$18,199
Jul 20121735,88385.133.02$32,499
Jun 2012125,39179.822.52$14,538
May 20121876,14891.612.49$32,429
Apr 201205,843101.652.00$11,667
Mar 20123363,776105.052.22$43,687
Feb 2012663,077101.102.57$14,581
Jan 201206,09098.092.73$16,651
Dec 201185,14296.873.24$17,434
Nov 20111877,35395.723.31$42,247
Oct 201144,20384.983.65$15,675
Sep 20111795,56383.623.99$37,141
Aug 201184,39083.404.15$18,883
Jul 20111945,64894.144.52$43,777
Jun 201135,33392.904.64$25,023
May 20112046,06198.134.40$46,716
Apr 2011166,417105.964.33$29,502
Mar 20112145,52796.364.06$43,046
Feb 2011114,63485.644.18$20,312
Jan 20111935,42486.504.59$41,584
Dec 201015,14585.734.35$22,455
Nov 20101866,66180.843.80$40,317
Oct 20101796,35178.103.51$36,265
Sep 2010127,28972.633.98$29,878
Aug 20101757,28973.684.42$45,107
Jul 201007,23972.554.74$34,287
Jun 20101877,13970.364.91$48,213
May 201006,71771.124.24$28,448
Apr 20101958,33581.694.12$50,292
Mar 20101999,60778.394.39$57,762
Feb 201007,35573.585.44$40,029
Jan 20101927,50474.365.96$59,032
Dec 200967,97171.445.48$44,140
Nov 20091727,43174.593.75$40,707
Oct 20091887,43872.544.11$44,210
Sep 200908,09865.543.06$24,818
Aug 20091776,89067.423.22$34,109
Jul 20091777,07661.133.46$35,335
Jun 200916,86266.163.90$26,794
May 20091567,86754.743.93$39,423
Apr 20091757,43946.773.59$34,872
Mar 20091757,94442.144.06$39,619
Feb 200967,44132.814.63$34,671
Jan 20091849,07535.865.37$55,340
Dec 20081798,53037.105.98$57,626
Nov 20081706,47955.496.86$53,882
Oct 20081769,22575.246.92$77,098
Sep 200809,312101.767.88$73,351
Aug 20081639,869114.228.48$102,337
Jul 20081659,589131.0811.39$130,841
Jun 20081609,650131.3313.03$146,778
May 200818210,316123.1711.57$141,817
Apr 20081769,592110.3110.45$119,698
Mar 200819110,909101.909.66$124,888
Feb 20081869,86492.538.77$103,724
Jan 200818710,64590.388.21$104,251
Dec 20071769,72388.337.30$86,543
Nov 200717610,36591.677.29$91,712
Oct 200718411,77282.856.92$96,730
Sep 2007611,84275.846.24$74,398
Aug 200717512,85569.066.39$94,202
Jul 200718112,76170.906.39$94,349
Jun 200718113,07762.007.55$109,933
May 200720413,94158.747.85$121,368
Apr 200719513,57159.617.81$117,548
Mar 200737314,83456.927.30$129,549
Feb 200719413,78655.108.22$123,955
Jan 200718314,28050.306.73$105,264
Dec 2006050456.656.92$3,487
Nov 20060054.207.62$0
Oct 20061803,93054.906.01$33,516
Sep 200619914,07560.085.04$82,855
Aug 200618815,52668.717.34$126,877
Jul 200618413,08569.376.34$95,759
Jun 200634211,71566.286.38$97,455
May 200618914,62566.016.42$106,442
Apr 200639714,01764.397.36$128,735
Mar 200619015,04956.707.08$117,364
Feb 200618413,98657.597.75$119,004
Jan 200635612,74860.598.93$135,452
Dec 200537316,77354.9413.42$245,509
Nov 200534317,02954.6910.59$199,069
Oct 200535819,58358.3413.80$291,048
Sep 200537017,58061.4512.08$235,085
Aug 200518621,80761.519.80$225,081
Jul 200535720,54955.697.84$181,060
Jun 200553517,57352.337.38$157,704
May 200536217,08445.226.65$129,998
Apr 200536416,23849.207.36$137,428
Mar 200535615,37050.377.15$127,902
Feb 200537112,03245.226.31$92,722
Jan 200574020,65343.166.32$162,511
Dec 200436217,08139.866.75$129,745
Nov 200436216,01845.286.33$117,792
Oct 200454521,62749.706.52$167,989
Sep 200454617,90043.245.28$118,191
Aug 200435720,34742.375.55$128,065
Jul 200471822,19438.286.08$162,517
Jun 200435518,03636.106.43$128,841
May 20041,07732,09137.486.49$248,784
Apr 200437018,53634.475.86$121,346
Mar 200454121,40434.365.53$136,956
Feb 200409,56232.455.51$52,683
Jan 2004014,80832.036.30$93,285

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.

Jan 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.32 =         $0
Gas                  187 Mcf  × $  4.28 =       $800

────────────────────────────────────────────────────
Month total                                     $800

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/200157 is the state's own key, not one this site invented.