WHITE, WI GU 1

Name: WHITE, WI GU 1 lease production and value, Jul 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 214250District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$3.4 M

Jul 2005 – Sep 2020

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

183

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2006-03-21	165354
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4,221 bbl	$290,428
Gas	Production	470,665 Mcf	$3,085,769
Total			$3,376,197

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 32.3590, -94.6966. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35902, -94.69663 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,100 ft

1 wells filed one

Completion to plug

14.9 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 11,100 ft.

Completions filed

Oct 2005

1 of 1 wells

Plug dates filed

Sep 2020

1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40133499	2	11,100 ft	Oct 2005	Sep 2020	Yes

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 (183)

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

183 months


Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	623	49.88	1.98	$1,234
Jan 2020	0	588	57.25	2.09	$1,232
Dec 2019	19	600	59.01	2.30	$2,504
Nov 2019	21	265	55.30	2.75	$1,890
Oct 2019	15	469	53.47	2.42	$1,936
Sep 2019	18	260	55.05	2.66	$1,682
Aug 2019	18	400	53.11	2.30	$1,878
Jul 2019	25	469	56.27	2.46	$2,561
Jun 2019	18	642	52.78	2.49	$2,549
May 2019	28	737	58.48	2.74	$3,657
Apr 2019	2	725	62.63	2.75	$2,120
Mar 2019	2	718	56.80	3.06	$2,312
Feb 2019	2	656	50.85	2.79	$1,933
Jan 2019	1	804	46.03	3.23	$2,641
Dec 2018	1	560	46.59	4.19	$2,390
Nov 2018	0	1,776	52.93	4.24	$7,525
Oct 2018	0	1,743	61.44	3.40	$5,923
Sep 2018	0	1,598	59.54	3.11	$4,967
Aug 2018	0	1,343	59.40	3.07	$4,118
Jul 2018	0	1,027	65.14	2.93	$3,011
Jun 2018	0	903	60.18	3.08	$2,778
May 2018	0	1,449	65.38	2.90	$4,203
Apr 2018	0	1,380	63.84	2.90	$4,003
Mar 2018	0	1,719	61.22	2.79	$4,791
Feb 2018	0	1,489	61.78	2.77	$4,119
Jan 2018	0	1,409	62.87	4.01	$5,649
Dec 2017	26	1,111	57.27	2.92	$4,735
Nov 2017	9	1,696	55.42	3.12	$5,788
Oct 2017	28	1,129	49.29	2.98	$4,749
Sep 2017	56	2,471	47.52	3.09	$10,290
Aug 2017	49	1,795	45.37	3.00	$7,616
Jul 2017	37	2,405	43.87	3.09	$9,048
Jun 2017	73	1,342	42.49	3.09	$7,245
May 2017	96	1,961	45.37	3.26	$10,755
Apr 2017	83	2,188	47.93	3.21	$11,005
Mar 2017	89	3,586	46.77	2.98	$14,862
Feb 2017	21	1,394	50.45	2.95	$5,175
Jan 2017	30	1,730	49.41	3.42	$7,397
Dec 2016	9	521	48.76	3.72	$2,378
Nov 2016	8	263	42.49	2.64	$1,035
Oct 2016	17	761	46.19	3.09	$3,137
Sep 2016	2	90	41.55	3.10	$362
Aug 2016	98	0	41.44	2.92	$4,061
Jul 2016	0	115	41.62	2.92	$336
Jun 2016	0	415	45.35	2.69	$1,115
May 2016	0	599	42.52	1.99	$1,193
Apr 2016	0	632	36.56	1.99	$1,258
Mar 2016	0	711	33.01	1.79	$1,276
Feb 2016	0	674	26.47	2.06	$1,391
Jan 2016	0	847	27.35	2.36	$2,003
Dec 2015	0	184	32.36	2.00	$368
Nov 2015	160	0	38.79	2.17	$6,206
Oct 2015	0	318	43.55	2.43	$772
Sep 2015	0	485	42.99	2.76	$1,338
Aug 2015	0	384	40.16	2.87	$1,103
Jul 2015	0	202	48.15	2.95	$595
Jun 2015	0	174	56.15	2.88	$502
May 2015	0	263	55.21	2.96	$777
Apr 2015	0	341	49.82	2.71	$923
Mar 2015	0	561	42.89	2.93	$1,646
Feb 2015	0	561	44.66	2.98	$1,670
Jan 2015	0	617	43.43	3.10	$1,913
Dec 2014	162	874	54.69	3.59	$11,999
Nov 2014	0	1,442	70.46	4.25	$6,131
Oct 2014	0	1,108	78.30	3.90	$4,322
Sep 2014	0	1,847	86.16	4.05	$7,472
Aug 2014	3	1,111	89.39	4.04	$4,751
Jul 2014	10	1,581	96.56	4.18	$7,574
Jun 2014	4	1,641	98.16	4.74	$8,166
May 2014	0	1,555	94.73	4.73	$7,350
Apr 2014	15	877	95.94	4.81	$5,657
Mar 2014	0	1,456	95.89	5.06	$7,363
Feb 2014	16	1,304	97.40	6.19	$9,633
Jan 2014	0	1,615	90.40	4.86	$7,850
Dec 2013	0	2,179	91.82	4.35	$9,488
Nov 2013	0	1,870	88.85	3.74	$6,991
Oct 2013	152	1,940	97.42	3.78	$22,140
Sep 2013	2	1,648	104.11	3.72	$6,335
Aug 2013	0	1,633	104.25	3.52	$5,752
Jul 2013	0	1,770	102.52	3.72	$6,580
Jun 2013	0	1,768	94.40	3.93	$6,954
May 2013	0	1,787	94.83	4.15	$7,414
Apr 2013	0	1,556	93.96	4.28	$6,664
Mar 2013	0	2,126	93.62	3.91	$8,319
Feb 2013	0	1,688	91.23	3.42	$5,773
Jan 2013	0	1,589	91.60	3.42	$5,434
Dec 2012	0	1,409	86.77	3.42	$4,819
Nov 2012	166	1,675	86.95	3.62	$20,506
Oct 2012	0	1,529	89.38	3.40	$5,198
Sep 2012	0	1,846	94.67	2.92	$5,387
Aug 2012	0	1,812	92.66	2.91	$5,270
Jul 2012	0	1,613	85.13	3.02	$4,873
Jun 2012	0	1,540	79.82	2.52	$3,879
May 2012	157	1,441	91.61	2.49	$17,968
Apr 2012	0	1,598	101.65	2.00	$3,191
Mar 2012	0	1,174	105.05	2.22	$2,609
Feb 2012	0	1,248	101.10	2.57	$3,208
Jan 2012	136	1,384	98.09	2.73	$17,124
Dec 2011	1	1,363	96.87	3.24	$4,513
Nov 2011	0	2,179	95.72	3.31	$7,215
Oct 2011	97	2,435	84.98	3.65	$17,127
Sep 2011	0	2,174	83.62	3.99	$8,665
Aug 2011	0	2,105	83.40	4.15	$8,734
Jul 2011	81	1,961	94.14	4.52	$16,484
Jun 2011	1	1,903	92.90	4.64	$8,923
May 2011	98	1,902	98.13	4.40	$17,995
Apr 2011	0	2,335	105.96	4.33	$10,118
Mar 2011	100	2,146	96.36	4.06	$18,343
Feb 2011	0	1,860	85.64	4.18	$7,775
Jan 2011	0	1,999	86.50	4.59	$9,173
Dec 2010	162	2,160	85.73	4.35	$23,279
Nov 2010	0	1,696	80.84	3.80	$6,437
Oct 2010	0	1,451	78.10	3.51	$5,091
Sep 2010	0	1,400	72.63	3.98	$5,571
Aug 2010	176	1,537	73.68	4.42	$19,760
Jul 2010	0	1,500	72.55	4.74	$7,105
Jun 2010	3	1,542	70.36	4.91	$7,783
May 2010	0	2,232	71.12	4.24	$9,453
Apr 2010	182	1,658	81.69	4.12	$21,703
Mar 2010	0	1,451	78.39	4.39	$6,368
Feb 2010	0	1,264	73.58	5.44	$6,879
Jan 2010	0	1,759	74.36	5.96	$10,491
Dec 2009	0	4,324	71.44	5.48	$23,712
Nov 2009	122	3,710	74.59	3.75	$23,018
Oct 2009	0	2,909	72.54	4.11	$11,957
Sep 2009	0	3,101	65.54	3.06	$9,504
Aug 2009	0	3,247	67.42	3.22	$10,450
Jul 2009	0	3,753	61.13	3.46	$13,002
Jun 2009	3	4,720	66.16	3.90	$18,583
May 2009	10	4,582	54.74	3.93	$18,535
Apr 2009	0	5,276	46.77	3.59	$18,928
Mar 2009	0	4,516	42.14	4.06	$18,330
Feb 2009	0	3,750	32.81	4.63	$17,374
Jan 2009	0	3,284	35.86	5.37	$17,638
Dec 2008	48	1,383	37.10	5.98	$10,047
Nov 2008	0	2,460	55.49	6.86	$16,876
Oct 2008	0	2,743	75.24	6.92	$18,987
Sep 2008	0	2,371	101.76	7.88	$18,677
Aug 2008	0	1,943	114.22	8.48	$16,483
Jul 2008	1	3,113	131.08	11.39	$35,586
Jun 2008	0	2,750	131.33	13.03	$35,840
May 2008	70	2,713	123.17	11.57	$40,023
Apr 2008	1	4,626	110.31	10.45	$48,474
Mar 2008	1	2,296	101.90	9.66	$22,291
Feb 2008	0	3,797	92.53	8.77	$33,302
Jan 2008	27	3,907	90.38	8.21	$34,500
Dec 2007	22	4,715	88.33	7.30	$36,372
Nov 2007	20	4,496	91.67	7.29	$34,617
Oct 2007	28	3,164	82.85	6.92	$24,221
Sep 2007	1	3,356	75.84	6.24	$21,031
Aug 2007	30	3,853	69.06	6.39	$26,685
Jul 2007	32	4,376	70.90	6.39	$30,222
Jun 2007	40	3,430	62.00	7.55	$28,371
May 2007	69	6,448	58.74	7.85	$54,646
Apr 2007	66	5,472	59.61	7.81	$46,644
Mar 2007	128	6,229	56.92	7.30	$52,770
Feb 2007	67	4,956	55.10	8.22	$44,410
Jan 2007	65	5,414	50.30	6.73	$39,689
Dec 2006	71	5,233	56.65	6.92	$40,226
Nov 2006	0	5,302	54.20	7.62	$40,388
Oct 2006	12	4,703	54.90	6.01	$28,942
Sep 2006	11	5,288	60.08	5.04	$27,298
Aug 2006	24	6,489	68.71	7.34	$49,278
Jul 2006	12	6,672	69.37	6.34	$43,151
Jun 2006	26	7,853	66.28	6.38	$51,856
May 2006	16	8,638	66.01	6.42	$56,555
Apr 2006	45	9,868	64.39	7.36	$75,531
Mar 2006	49	10,809	56.70	7.08	$79,338
Feb 2006	64	11,480	57.59	7.75	$92,669
Jan 2006	81	12,485	60.59	8.93	$116,440
Dec 2005	80	13,025	54.94	13.42	$179,131
Nov 2005	19	18,024	54.69	10.59	$191,884
Oct 2005	12	17,114	58.34	13.80	$236,801
Sep 2005	55	8,162	61.45	12.08	$101,969
Aug 2005	8	15,326	61.51	9.80	$150,638
Jul 2005	0	9,887	55.69	7.84	$77,550

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.

Feb 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 49.88 =         $0
Gas                  623 Mcf  × $  1.98 =     $1,234

────────────────────────────────────────────────────
Month total                                   $1,234

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/214250 is the state's own key, not one this site invented.