ADAMS, W.T.

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

Gas lease lease 212247District 06Field 066485002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jun 2005 – May 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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 503 leases and 503 wells, and the rule below applies to all of them.

Discovered
1974-05-21
as the register files it
Field class
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 20 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-03-21166701
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
CondensateDisposition1,530 bbl$103,546
GasProduction271,133 Mcf$1,953,634
Total$2,057,180

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 32.2640, -94.5932. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26404, -94.59320 · 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
18.9 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
Jun 2005
1 of 1 wells
Plug dates filed
May 2024
1 of 1 wells

Last completion to plug: a median of 18.9 years across the 1 well that filed both dates, with the middle half between 18.9 years and 18.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40133585110,950 ftJun 2005May 2024Yes

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 (228)

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

228 months

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 20200037.091.99$0
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 20200049.881.98$0
Jan 20200057.252.09$0
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 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
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 20158056.152.88$449
May 20150055.212.96$0
Apr 20150549.822.71$14
Mar 2015012842.892.93$376
Feb 2015026844.662.98$798
Jan 2015043143.433.10$1,336
Dec 2014024754.693.59$887
Nov 2014029470.464.25$1,250
Oct 2014026878.303.90$1,045
Sep 2014032686.164.05$1,319
Aug 2014060289.394.04$2,429
Jul 201401,33996.564.18$5,596
Jun 20140598.164.74$24
May 201408994.734.73$421
Apr 2014019195.944.81$919
Mar 2014026795.895.06$1,350
Feb 2014028097.406.19$1,734
Jan 2014046690.404.86$2,265
Dec 2013054091.824.35$2,351
Nov 2013055988.853.74$2,090
Oct 2013058197.423.78$2,196
Sep 20130601104.113.72$2,234
Aug 20130740104.253.52$2,607
Jul 20130835102.523.72$3,104
Jun 2013089694.403.93$3,524
May 2013096394.834.15$3,996
Apr 201301,12393.964.28$4,809
Mar 2013086593.623.91$3,385
Feb 2013082291.233.42$2,811
Jan 2013093191.603.42$3,184
Dec 2012451,15186.773.42$7,841
Nov 2012211,06886.953.62$5,697
Oct 2012084589.383.40$2,873
Sep 2012190294.672.92$2,727
Aug 201201,15592.662.91$3,359
Jul 201201,12685.133.02$3,401
Jun 201201,15079.822.52$2,897
May 201201,42791.612.49$3,551
Apr 201201,133101.652.00$2,262
Mar 201201,253105.052.22$2,784
Feb 20121880101.102.57$2,363
Jan 2012098498.092.73$2,690
Dec 2011090996.873.24$2,945
Nov 2011093095.723.31$3,079
Oct 201101,02884.983.65$3,751
Sep 2011271,04083.623.99$6,403
Aug 201101,11883.404.15$4,639
Jul 201101,17094.144.52$5,285
Jun 201101,20692.904.64$5,596
May 2011651,28698.134.40$12,043
Apr 201101,175105.964.33$5,092
Mar 201101,09596.364.06$4,443
Feb 2011097385.644.18$4,067
Jan 201101,20786.504.59$5,539
Dec 201001,15285.734.35$5,009
Nov 201001,14780.843.80$4,353
Oct 2010095278.103.51$3,340
Sep 2010080572.633.98$3,203
Aug 20101161,09673.684.42$13,391
Jul 201001,00972.554.74$4,779
Jun 201001,18770.364.91$5,829
May 201001,24471.124.24$5,269
Apr 201001,35181.694.12$5,570
Mar 201001,40778.394.39$6,175
Feb 201001,42873.585.44$7,772
Jan 201002,36174.365.96$14,081
Dec 200902,74871.445.48$15,069
Nov 200902,75274.593.75$10,324
Oct 20091132,86972.544.11$19,989
Sep 200902,77865.543.06$8,514
Aug 200902,92467.423.22$9,411
Jul 200902,90861.133.46$10,075
Jun 200902,90566.163.90$11,315
May 200903,15254.743.93$12,374
Apr 200903,46646.773.59$12,434
Mar 200903,12042.144.06$12,664
Feb 200903,10432.814.63$14,381
Jan 20091383,34035.865.37$22,888
Dec 200803,29537.105.98$19,695
Nov 200803,07355.496.86$21,082
Oct 200803,49475.246.92$24,185
Sep 200802,867101.767.88$22,584
Aug 200803,022114.228.48$25,636
Jul 200803,521131.0811.39$40,102
Jun 200804,082131.3313.03$53,199
May 200804,569123.1711.57$52,883
Apr 200805,549110.3110.45$58,014
Mar 20081175,557101.909.66$65,626
Feb 200801492.538.77$123
Jan 200802690.388.21$213
Dec 2007019088.337.30$1,387
Nov 20071196391.677.29$11,368
Oct 200703,09482.856.92$21,417
Sep 200702,96975.846.24$18,539
Aug 200703,12069.066.39$19,930
Jul 200703,39970.906.39$21,713
Jun 200703,46962.007.55$26,186
May 200703,74958.747.85$29,416
Apr 200703,57059.617.81$27,865
Mar 20071503,90456.927.30$37,045
Feb 200703,29755.108.22$27,088
Jan 200704,23150.306.73$28,461
Dec 200604,26456.656.92$29,500
Nov 200604,09554.207.62$31,194
Oct 20061834,65754.906.01$38,053
Sep 200604,91860.085.04$24,773
Aug 200602,58068.717.34$18,937
Jul 20061033,03169.376.34$26,370
Jun 2006265,96366.286.38$39,790
May 200666,75866.016.42$43,816
Apr 200605,18564.397.36$38,164
Mar 2006896,30556.707.08$49,704
Feb 200607,83857.597.75$60,753
Jan 200602,03560.598.93$18,179
Dec 2005918,35754.9413.42$117,112
Nov 20051039,91654.6910.59$110,628
Oct 2005310,65358.3413.80$147,141
Sep 2005211,80361.4512.08$142,691
Aug 200536,57361.519.80$64,579
Jul 20050055.697.84$0
Jun 20050052.337.38$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.

Jun 2015 — as filed, then multipliedworked
Condensate             8 bbl  × $ 56.15 =       $449
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                     $449

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/212247 is the state's own key, not one this site invented.