SLAYTON UNIT

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 216182District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Oct 2005 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
248
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 Gas112007-02-16173063
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
CondensateDisposition4,509 bbl$309,960
GasProduction999,844 Mcf$6,270,919
Total$6,580,879

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 32.2896, -95.0938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28962, -95.09377 · 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
11,920 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 11,920 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-42331974111,920 ftOct 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 (248)

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

248 months

May 20260413106.413.05$1,258
Apr 2026041298.932.87$1,182
Mar 2026047789.753.15$1,502
Feb 2026025063.503.75$938
Jan 2026024859.138.00$1,983
Dec 2025031256.664.41$1,377
Nov 2025017958.593.93$703
Oct 2025026659.383.30$879
Sep 2025030162.743.08$926
Aug 2025040363.933.01$1,215
Jul 2025080166.743.32$2,655
Jun 2025071266.483.13$2,228
May 2025075160.553.23$2,427
Apr 2025068562.363.54$2,427
Mar 2025056767.704.27$2,420
Feb 2025037970.884.34$1,645
Jan 2025034574.324.28$1,476
Dec 2024079368.993.12$2,475
Nov 2024098469.052.20$2,163
Oct 2024099271.372.28$2,263
Sep 2024056969.612.36$1,345
Aug 202401,04075.632.06$2,146
Jul 202401,13479.932.15$2,434
Jun 2024047778.082.63$1,256
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024045980.301.55$709
Feb 2024043676.091.78$778
Jan 2024045473.023.30$1,497
Dec 2023046571.262.61$1,214
Nov 2023046377.892.81$1,300
Oct 2023053985.443.09$1,664
Sep 2023090389.042.74$2,470
Aug 202301,14680.522.67$3,063
Jul 202301,24174.852.64$3,278
Jun 202301,09768.962.26$2,478
May 2023097570.622.23$2,172
Apr 2023083678.122.24$1,871
Mar 2023078772.852.39$1,883
Feb 2023091575.112.47$2,256
Jan 202301,34676.533.39$4,560
Dec 202201,18376.415.73$6,778
Nov 2022088985.005.65$5,019
Oct 2022087287.185.86$5,113
Sep 2022076784.888.16$6,262
Aug 2022086394.529.13$7,877
Jul 20220951101.587.54$7,173
Jun 20220735115.097.98$5,863
May 20220729109.378.43$6,148
Apr 20220630104.226.84$4,308
Mar 20220912108.885.08$4,630
Feb 202201,13691.054.86$5,520
Jan 2022071681.844.54$3,249
Dec 202101,01371.323.90$3,950
Nov 2021087977.435.24$4,603
Oct 2021092179.795.71$5,262
Sep 2021087669.865.35$4,687
Aug 2021090466.024.22$3,815
Jul 2021095670.783.98$3,807
Jun 2021087469.493.38$2,955
May 2021088063.483.02$2,656
Apr 2021092360.362.76$2,546
Mar 202101,09561.302.72$2,975
Feb 2021089557.805.55$4,965
Jan 202101,09950.412.81$3,088
Dec 202001,08944.642.68$2,914
Nov 202001,17238.772.71$3,172
Oct 202001,30236.972.48$3,227
Sep 202001,48837.091.99$2,963
Aug 202001,56639.982.39$3,735
Jul 202001,15438.371.83$2,106
Jun 2020094734.901.69$1,601
May 202001,11216.921.81$2,018
Apr 202071,05014.751.80$1,998
Mar 202001,15830.341.86$2,150
Feb 202001,62749.881.98$3,223
Jan 202001,24357.252.09$2,604
Dec 201901,06959.012.30$2,463
Nov 2019098955.302.75$2,720
Oct 201901,28953.472.42$3,118
Sep 201901,24655.052.66$3,311
Aug 201901,19053.112.30$2,742
Jul 201901,53456.272.46$3,774
Jun 201901,53552.782.49$3,824
May 201901,85558.482.74$5,083
Apr 201901,66462.632.75$4,577
Mar 201901,71556.803.06$5,252
Feb 201901,54950.852.79$4,325
Jan 201901,66546.033.23$5,375
Dec 201801,57346.594.19$6,584
Nov 201801,51352.934.24$6,411
Oct 201801,54261.443.40$5,240
Sep 201801,88659.543.11$5,862
Aug 2018221,93459.403.07$7,238
Jul 201801,99765.142.93$5,855
Jun 201801,92160.183.08$5,911
May 201802,01065.382.90$5,831
Apr 201802,04163.842.90$5,921
Mar 201801,93561.222.79$5,393
Feb 201801,70461.782.77$4,713
Jan 201801,64462.874.01$6,591
Dec 201701,66157.272.92$4,853
Nov 201701,71855.423.12$5,357
Oct 201701,80149.292.98$5,374
Sep 201701,73747.523.09$5,363
Aug 201702,16345.373.00$6,499
Jul 201702,28643.873.09$7,058
Jun 201701,97442.493.09$6,094
May 201701,20345.373.26$3,926
Apr 201703,48647.933.21$11,196
Mar 201712,30946.772.98$6,936
Feb 201702,24950.452.95$6,640
Jan 201703,16149.413.42$10,807
Dec 2016020448.763.72$759
Nov 201602142.492.64$56
Oct 201601,57546.193.09$4,867
Sep 201602,26841.553.10$7,032
Aug 201602,37741.442.92$6,951
Jul 20161852,06541.622.92$13,738
Jun 201602,23745.352.69$6,008
May 201602,25542.521.99$4,490
Apr 201602,31236.561.99$4,603
Mar 201602,47033.011.79$4,431
Feb 201602,34326.472.06$4,835
Jan 201602,57027.352.36$6,076
Dec 20151862,44932.362.00$10,920
Nov 201502,35138.792.17$5,095
Oct 201502,58543.552.43$6,273
Sep 201502,48642.992.76$6,857
Aug 201502,54440.162.87$7,308
Jul 201502,58048.152.95$7,598
Jun 20151692,49956.152.88$16,694
May 201502,62855.212.96$7,767
Apr 201502,54549.822.71$6,888
Mar 201502,66342.892.93$7,815
Feb 201502,41144.662.98$7,176
Jan 20151312,45943.433.10$13,314
Dec 201402,70054.693.59$9,697
Nov 201402,73770.464.25$11,637
Oct 20141812,13078.303.90$22,481
Sep 201412,18286.164.05$8,913
Aug 201402,54589.394.04$10,269
Jul 201492,55196.564.18$11,531
Jun 20141922,70798.164.74$31,669
May 201402,91394.734.73$13,768
Apr 201402,87495.944.81$13,821
Mar 201403,51695.895.06$17,780
Feb 20141861,41797.406.19$26,890
Jan 201402,42190.404.86$11,768
Dec 201311,96591.824.35$8,648
Nov 201302,35388.853.74$8,796
Oct 2013592,72297.423.78$16,035
Sep 2013572,475104.113.72$15,136
Aug 201302,567104.253.52$9,043
Jul 201302,689102.523.72$9,997
Jun 201302,84194.403.93$11,175
May 2013583,24894.834.15$18,976
Apr 201302,88593.964.28$12,355
Mar 201302,84293.623.91$11,120
Feb 201302,75891.233.42$9,432
Jan 2013582,85091.603.42$15,060
Dec 201202,73786.773.42$9,361
Nov 2012583,17486.953.62$16,549
Oct 201202,75989.383.40$9,380
Sep 201202,62594.672.92$7,661
Aug 201202,95792.662.91$8,599
Jul 201203,26485.133.02$9,860
Jun 2012583,08479.822.52$12,398
May 201203,45391.612.49$8,592
Apr 201203,732101.652.00$7,452
Mar 2012593,766105.052.22$14,566
Feb 201203,766101.102.57$9,680
Jan 201203,79598.092.73$10,376
Dec 2011563,68696.873.24$17,366
Nov 201103,59595.723.31$11,904
Oct 201103,66584.983.65$13,372
Sep 201103,26483.623.99$13,010
Aug 2011523,50383.404.15$18,872
Jul 201103,60794.144.52$16,294
Jun 201103,73192.904.64$17,311
May 201103,75198.134.40$16,522
Apr 2011594,261105.964.33$24,716
Mar 201104,56896.364.06$18,534
Feb 201104,07285.644.18$17,021
Jan 2011664,77786.504.59$27,630
Dec 201003,51385.734.35$15,274
Nov 2010674,24280.843.80$21,516
Oct 201004,59178.103.51$16,109
Sep 201004,35872.633.98$17,343
Aug 2010624,52773.684.42$24,575
Jul 201004,86472.554.74$23,038
Jun 201004,90970.364.91$24,105
May 2010655,04171.124.24$25,973
Apr 201005,12381.694.12$21,121
Mar 2010565,08178.394.39$26,689
Feb 201004,73373.585.44$25,759
Jan 2010605,30974.365.96$36,125
Dec 2009605,44371.445.48$34,134
Nov 200905,41174.593.75$20,299
Oct 2009585,33672.544.11$26,140
Sep 200904,79865.543.06$14,705
Aug 2009585,44167.423.22$21,422
Jul 200905,90361.133.46$20,451
Jun 2009555,93466.163.90$26,752
May 200906,37854.743.93$25,038
Apr 2009356,60846.773.59$25,343
Mar 2009297,01442.144.06$29,692
Feb 2009296,28632.814.63$30,075
Jan 2009837,03835.865.37$40,777
Dec 2008227,82137.105.98$47,563
Nov 2008267,77755.496.86$54,796
Oct 200808,13675.246.92$56,317
Sep 200808,140101.767.88$64,120
Aug 200808,591114.228.48$72,878
Jul 2008268,849131.0811.39$104,193
Jun 200808,680131.3313.03$113,123
May 2008269,083123.1711.57$108,332
Apr 200809,131110.3110.45$95,463
Mar 2008259,497101.909.66$94,327
Feb 200809,00892.538.77$79,005
Jan 2008239,83390.388.21$82,766
Dec 20072310,06088.337.30$75,489
Nov 2007259,83091.677.29$73,969
Oct 20072110,41982.856.92$73,860
Sep 2007010,40675.846.24$64,977
Aug 20072110,91269.066.39$71,155
Jul 2007011,41570.906.39$72,918
Jun 20073711,16262.007.55$86,550
May 20072111,71458.747.85$93,145
Apr 20072111,65859.617.81$92,245
Mar 20072012,43756.927.30$91,953
Feb 20071911,07855.108.22$92,064
Jan 20071711,71850.306.73$79,680
Dec 2006259,90456.656.92$69,936
Nov 2006524,39154.207.62$36,267
Oct 2006476,72454.906.01$43,017
Sep 200612214,30360.085.04$79,377
Aug 200612815,44268.717.34$122,138
Jul 2006016,39169.376.34$103,964
Jun 200629716,90366.286.38$127,592
May 20066318,89466.016.42$125,553
Apr 200621720,55864.397.36$165,289
Mar 200613222,97756.707.08$170,229
Feb 200623523,16657.597.75$193,096
Jan 2006130,49860.598.93$272,509
Dec 200518938,02354.9413.42$520,477
Nov 2005055,61354.6910.59$588,853
Oct 2005012,53858.3413.80$172,971

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             0 bbl  × $106.41 =         $0
Gas                  413 Mcf  × $  3.05 =     $1,258

────────────────────────────────────────────────────
Month total                                   $1,258

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/216182 is the state's own key, not one this site invented.