SWINNEY

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the CHAPEL 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 214257District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Jun 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
252
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 55 leases and 55 wells, and the rule below applies to all of them.

Discovered
1981-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 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 2014-10-28.

The Commission's schedule remark for this field reads: PER LOG OF SLAYTON UNIT WELL #1 (API 423-31974).

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 Gas112006-10-02170415
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
CondensateDisposition840 bbl$56,133
GasProduction696,871 Mcf$4,605,161
Total$4,661,294

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 32.2706, -95.0967. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27056, -95.09666 · 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
11,870 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 11,870 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-42331947211,870 ftJun 2005

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 (252)

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

252 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 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
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 202305175.112.47$126
Jan 202305776.533.39$193
Dec 202204076.415.73$229
Nov 2022013585.005.65$762
Oct 2022012187.185.86$710
Sep 2022012884.888.16$1,045
Aug 2022022094.529.13$2,008
Jul 20220229101.587.54$1,727
Jun 20220158115.097.98$1,260
May 20220124109.378.43$1,046
Apr 20220138104.226.84$944
Mar 20220184108.885.08$934
Feb 2022014891.054.86$719
Jan 2022018381.844.54$830
Dec 2021033871.323.90$1,318
Nov 2021039777.435.24$2,079
Oct 2021078679.795.71$4,491
Sep 202101,14469.865.35$6,121
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 2020035336.972.48$875
Sep 2020044837.091.99$892
Aug 2020056339.982.39$1,343
Jul 2020075438.371.83$1,376
Jun 202001,04934.901.69$1,773
May 2020093716.921.81$1,700
Apr 2020231,06914.751.80$2,268
Mar 2020099430.341.86$1,845
Feb 2020092749.881.98$1,836
Jan 202001,08257.252.09$2,267
Dec 201901,02259.012.30$2,355
Nov 201901,11755.302.75$3,073
Oct 201901,20053.472.42$2,902
Sep 201901,03155.052.66$2,740
Aug 201901,03953.112.30$2,394
Jul 201901,12756.272.46$2,772
Jun 2019099152.782.49$2,469
May 201901,00558.482.74$2,754
Apr 201901,02862.632.75$2,828
Mar 201901,01056.803.06$3,093
Feb 2019082950.852.79$2,315
Jan 2019093246.033.23$3,009
Dec 2018093346.594.19$3,905
Nov 2018087352.934.24$3,699
Oct 2018092661.443.40$3,147
Sep 201801,24159.543.11$3,857
Aug 2018611,19059.403.07$7,273
Jul 201801,22165.142.93$3,580
Jun 201801,16460.183.08$3,582
May 201801,32965.382.90$3,855
Apr 201801,25463.842.90$3,638
Mar 201801,32461.222.79$3,690
Feb 201801,13661.782.77$3,142
Jan 201801,12362.874.01$4,502
Dec 201701,11157.272.92$3,246
Nov 201701,21955.423.12$3,801
Oct 201701,16149.292.98$3,464
Sep 201701,06847.523.09$3,297
Aug 201701,14445.373.00$3,437
Jul 201701,15543.873.09$3,566
Jun 201701,27842.493.09$3,946
May 201701,33645.373.26$4,360
Apr 201701,62247.933.21$5,209
Mar 201701,47346.772.98$4,395
Feb 201701,25750.452.95$3,711
Jan 201702,19449.413.42$7,501
Dec 201603,32048.763.72$12,360
Nov 20160042.492.64$0
Oct 201601,04046.193.09$3,214
Sep 201602,70941.553.10$8,400
Aug 201602,72041.442.92$7,954
Jul 201602,69741.622.92$7,887
Jun 201602,68945.352.69$7,222
May 201602,82442.521.99$5,623
Apr 201602,68136.561.99$5,338
Mar 201602,72233.011.79$4,883
Feb 201602,71426.472.06$5,601
Jan 201602,90127.352.36$6,859
Dec 201502,76332.362.00$5,530
Nov 201502,58138.792.17$5,594
Oct 201502,30943.552.43$5,603
Sep 201501,91942.992.76$5,293
Aug 201501,87040.162.87$5,372
Jul 201501,80748.152.95$5,322
Jun 201501,61556.152.88$4,656
May 201501,47555.212.96$4,359
Apr 201501,42449.822.71$3,854
Mar 201501,12742.892.93$3,307
Feb 201501,37944.662.98$4,104
Jan 201501,03443.433.10$3,206
Dec 201401,10054.693.59$3,951
Nov 201401,00370.464.25$4,265
Oct 201401,03578.303.90$4,037
Sep 201401,60786.164.05$6,501
Aug 201401,90289.394.04$7,675
Jul 201401,87996.564.18$7,853
Jun 201402,02498.164.74$9,587
May 201402,10894.734.73$9,964
Apr 201401,97595.944.81$9,498
Mar 201401,99895.895.06$10,103
Feb 201401,65097.406.19$10,217
Jan 201401,86290.404.86$9,051
Dec 201301,92391.824.35$8,374
Nov 201301,70588.853.74$6,374
Oct 201301,80197.423.78$6,807
Sep 201301,776104.113.72$6,603
Aug 201302,068104.253.52$7,285
Jul 201302,361102.523.72$8,778
Jun 201302,20794.403.93$8,681
May 201302,27694.834.15$9,443
Apr 201302,24893.964.28$9,627
Mar 201301,88193.623.91$7,360
Feb 2013571,88391.233.42$11,640
Jan 201301,93191.603.42$6,604
Dec 201201,97886.773.42$6,765
Nov 201201,91886.953.62$6,953
Oct 201202,09589.383.40$7,122
Sep 201202,20194.672.92$6,423
Aug 201202,27192.662.91$6,604
Jul 201201,80485.133.02$5,450
Jun 201202,32379.822.52$5,852
May 201202,73491.612.49$6,803
Apr 201202,395101.652.00$4,782
Mar 201202,479105.052.22$5,509
Feb 201202,207101.102.57$5,673
Jan 201202,40898.092.73$6,584
Dec 2011352,69196.873.24$12,109
Nov 201102,37195.723.31$7,851
Oct 201102,49584.983.65$9,103
Sep 201102,52683.623.99$10,068
Aug 201102,72283.404.15$11,294
Jul 201102,95894.144.52$13,362
Jun 201102,87392.904.64$13,330
May 201102,77098.134.40$12,201
Apr 201102,357105.964.33$10,214
Mar 201102,56596.364.06$10,407
Feb 201102,28785.644.18$9,560
Jan 201102,68986.504.59$12,339
Dec 201002,82185.734.35$12,265
Nov 201002,72780.843.80$10,350
Oct 201003,17578.103.51$11,141
Sep 201002,90972.633.98$11,576
Aug 201002,96473.684.42$13,099
Jul 201002,70572.554.74$12,812
Jun 201002,64170.364.91$12,968
May 201002,61571.124.24$11,075
Apr 2010233,86981.694.12$17,830
Mar 201004,22178.394.39$18,525
Feb 201003,60973.585.44$19,641
Jan 201004,02674.365.96$24,011
Dec 200904,16371.445.48$22,829
Nov 200903,97274.593.75$14,901
Oct 2009312,97572.544.11$14,477
Sep 200903,09865.543.06$9,495
Aug 200903,39267.423.22$10,917
Jul 200903,04061.133.46$10,532
Jun 200903,23366.163.90$12,593
May 200903,29954.743.93$12,951
Apr 200903,11946.773.59$11,189
Mar 200963,74842.144.06$15,466
Feb 200903,57932.814.63$16,582
Jan 200903,23735.865.37$17,386
Dec 200803,79837.105.98$22,701
Nov 200803,19955.496.86$21,946
Oct 200803,38675.246.92$23,438
Sep 200803,288101.767.88$25,900
Aug 200803,011114.228.48$25,542
Jul 2008103,486131.0811.39$41,014
Jun 200803,541131.3313.03$46,149
May 200803,774123.1711.57$43,681
Apr 200803,934110.3110.45$41,129
Mar 2008274,095101.909.66$42,326
Feb 200803,94192.538.77$34,565
Jan 200804,44890.388.21$36,499
Dec 200704,30288.337.30$31,413
Nov 200704,35491.677.29$31,748
Oct 200704,77382.856.92$33,039
Sep 200704,92875.846.24$30,771
Aug 200705,27869.066.39$33,716
Jul 200705,53270.906.39$35,338
Jun 200705,43862.007.55$41,048
May 2007455,64158.747.85$46,904
Apr 200705,09659.617.81$39,775
Mar 200703,29456.927.30$24,053
Feb 200704,70555.108.22$38,656
Jan 200705,14150.306.73$34,583
Dec 200605,26156.656.92$36,398
Nov 200604,79354.207.62$36,511
Oct 200604,88554.906.01$29,377
Sep 2006618,26560.085.04$45,297
Aug 2006011,45168.717.34$84,049
Jul 2006012,00069.376.34$76,113
Jun 200618814,11366.286.38$102,556
May 2006015,09666.016.42$96,992
Apr 2006011,77064.397.36$86,633
Mar 2006014,44356.707.08$102,299
Feb 2006014,00857.597.75$108,578
Jan 20069816,35460.598.93$152,033
Dec 2005017,20454.9413.42$230,799
Nov 2005019,46854.6910.59$206,135
Oct 20059823,71958.3413.80$332,939
Sep 2005023,24861.4512.08$280,813
Aug 20057333,11561.519.80$328,913
Jul 2005442,02755.697.84$329,867
Jun 2005016,67152.337.38$123,049

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.11 =         $0
Gas                   51 Mcf  × $  2.47 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/214257 is the state's own key, not one this site invented.