COLE

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 216652District 06Field 678514002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Nov 2005 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
247
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 Gas112006-07-31166760
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
CondensateDisposition17,773 bbl$1,253,951
GasProduction764,475 Mcf$4,261,688
Total$5,515,638

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 32.1470, -95.0396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14701, -95.03964 · 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
12,360 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 12,360 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-42332003212,360 ftNov 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 (247)

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

247 months

May 20263923106.413.05$3,131
Apr 2026284398.932.87$2,617
Mar 202631,01189.753.15$3,453
Feb 2026266663.503.75$2,625
Jan 2026282159.138.00$6,685
Dec 2025145056.664.41$2,043
Nov 2025380258.593.93$3,325
Oct 2025397059.383.30$3,384
Sep 2025396662.743.08$3,161
Aug 2025397563.933.01$3,131
Jul 202531,00266.743.32$3,522
Jun 202531,03466.483.13$3,435
May 202531,01260.553.23$3,453
Apr 202521,00562.363.54$3,686
Mar 2025281467.704.27$3,610
Feb 2025233170.884.34$1,579
Jan 202541,17374.324.28$5,316
Dec 2024385568.993.12$2,876
Nov 2024185169.052.20$1,940
Oct 202431,02371.372.28$2,548
Sep 2024269469.612.36$1,780
Aug 2024171675.632.06$1,553
Jul 2024293279.932.15$2,160
Jun 202401,05478.082.63$2,776
May 2024390978.812.20$2,235
Apr 202431,06384.451.66$2,017
Mar 202421,07680.301.55$1,823
Feb 2024159576.091.78$1,137
Jan 2024388873.023.30$3,147
Dec 2023286871.262.61$2,409
Nov 202331,15777.892.81$3,482
Oct 2023289485.443.09$2,931
Sep 202321,15389.042.74$3,332
Aug 202331,05580.522.67$3,061
Jul 202321,19074.852.64$3,293
Jun 2023381268.962.26$2,041
May 202321,19870.622.23$2,810
Apr 202311,14578.122.24$2,640
Mar 202311,10972.852.39$2,727
Feb 2023295375.112.47$2,500
Jan 2023053176.533.39$1,799
Dec 202221,28676.415.73$7,520
Nov 202221,29385.005.65$7,471
Oct 202221,31087.185.86$7,856
Sep 202211,37884.888.16$11,334
Aug 202211,37194.529.13$12,608
Jul 202221,261101.587.54$9,714
Jun 202211,336115.097.98$10,773
May 202221,233109.378.43$10,617
Apr 202221,218104.226.84$8,537
Mar 202221,319108.885.08$6,914
Feb 202221,29191.054.86$6,455
Jan 202222,00881.844.54$9,275
Dec 202132,26271.323.90$9,034
Nov 202141,77577.435.24$9,605
Oct 202121,51279.795.71$8,799
Sep 202101,86369.865.35$9,969
Aug 202101,97066.024.22$8,315
Jul 202102,08070.783.98$8,283
Jun 202111,78169.493.38$6,090
May 202121,61463.483.02$4,997
Apr 202121,30160.362.76$3,709
Mar 202121,15161.302.72$3,250
Feb 202131,01357.805.55$5,793
Jan 202121,44950.412.81$4,173
Dec 202031,53444.642.68$4,238
Nov 202001,45638.772.71$3,941
Oct 202001,57436.972.48$3,901
Sep 202001,49937.091.99$2,985
Aug 2020072839.982.39$1,736
Jul 202001,71038.371.83$3,121
Jun 202001,11734.901.69$1,888
May 202052,13216.921.81$3,954
Apr 20201081,73714.751.80$4,727
Mar 202001,15830.341.86$2,150
Feb 202001,50549.881.98$2,981
Jan 202002,07057.252.09$4,336
Dec 201912,15359.012.30$5,020
Nov 2019151,83155.302.75$5,866
Oct 2019151,88753.472.42$5,366
Sep 2019161,90655.052.66$5,946
Aug 2019121,59853.112.30$4,320
Jul 2019121,84556.272.46$5,214
Jun 201921,03952.782.49$2,694
May 2019161,55658.482.74$5,200
Apr 2019380362.632.75$2,397
Mar 2019798556.803.06$3,414
Feb 2019222,05950.852.79$6,868
Jan 2019721,96246.033.23$9,648
Dec 2018681,99546.594.19$11,518
Nov 2018782,14052.934.24$13,196
Oct 2018741,58561.443.40$9,933
Sep 2018581,98059.543.11$9,607
Aug 2018561,73059.403.07$8,632
Jul 20183091165.142.93$4,625
Jun 2018551,52660.183.08$8,005
May 20181361,77565.382.90$14,041
Apr 201801,58563.842.90$4,598
Mar 2018099761.222.79$2,778
Feb 2018035461.782.77$979
Jan 2018040762.874.01$1,632
Dec 2017049657.272.92$1,449
Nov 201701,57455.423.12$4,908
Oct 201701,46249.292.98$4,362
Sep 2017051747.523.09$1,596
Aug 2017067645.373.00$2,031
Jul 201701,38143.873.09$4,264
Jun 201702,70642.493.09$8,354
May 201702,30145.373.26$7,509
Apr 201702,17147.933.21$6,972
Mar 201701,69046.772.98$5,042
Feb 201701,96350.452.95$5,796
Jan 201703,56449.413.42$12,185
Dec 201601,40248.763.72$5,219
Nov 201601,63342.492.64$4,318
Oct 201601,42446.193.09$4,401
Sep 201601,47041.553.10$4,558
Aug 2016451,86741.442.92$7,325
Jul 201603,53141.622.92$10,326
Jun 2016571,89645.352.69$7,677
May 201601,73542.521.99$3,454
Apr 201601,67636.561.99$3,337
Mar 201601,93833.011.79$3,477
Feb 2016060626.472.06$1,251
Jan 201602,55727.352.36$6,046
Dec 2015913,56732.362.00$10,084
Nov 20151382,16038.792.17$10,034
Oct 20151302,71543.552.43$12,250
Sep 201502,14642.992.76$5,920
Aug 20151332,82540.162.87$13,456
Jul 20151332,63548.152.95$14,164
Jun 20151432,48456.152.88$15,190
May 201512,63255.212.96$7,834
Apr 20151552,60549.822.71$14,773
Mar 20151412,35742.892.93$12,965
Feb 201501,46444.662.98$4,357
Jan 20151392,51843.433.10$13,844
Dec 20141142,57854.693.59$15,493
Nov 20141141,85870.464.25$15,932
Oct 2014641,88278.303.90$12,353
Sep 201401,48186.164.05$5,991
Aug 20141021,77089.394.04$16,260
Jul 20141001,59496.564.18$16,318
Jun 2014971,69198.164.74$17,532
May 2014871,46194.734.73$15,147
Apr 2014901,19495.944.81$14,377
Mar 2014901,59095.895.06$16,670
Feb 2014921,09097.406.19$15,710
Jan 2014652,00890.404.86$15,636
Dec 2013602,34791.824.35$15,729
Nov 201301,79188.853.74$6,695
Oct 2013962,45297.423.78$18,619
Sep 2013903,291104.113.72$21,605
Aug 2013873,821104.253.52$22,530
Jul 2013742,794102.523.72$17,974
Jun 20131253,20694.403.93$24,411
May 20131323,63494.834.15$27,595
Apr 20132443,72893.964.28$38,892
Mar 20131233,73293.623.91$26,118
Feb 20131093,10391.233.42$20,556
Jan 20131083,14691.603.42$20,652
Dec 20121043,84386.773.42$22,168
Nov 20121522,95286.953.62$23,917
Oct 20121923,35789.383.40$28,574
Sep 20122502,61294.672.92$31,290
Aug 2012603,67492.662.91$16,244
Jul 20121194,08485.133.02$22,467
Jun 20121393,83279.822.52$20,748
May 2012703,30491.612.49$14,634
Apr 2012431,934101.652.00$8,233
Mar 2012431,978105.052.22$8,912
Feb 2012581,956101.102.57$10,891
Jan 2012272,86398.092.73$10,476
Dec 20111213,39596.873.24$22,720
Nov 2011723,44495.723.31$18,296
Oct 2011663,84784.983.65$19,645
Sep 2011442,41583.623.99$13,305
Aug 2011784,34283.404.15$24,522
Jul 20111114,41794.144.52$30,402
Jun 20111324,42492.904.64$32,790
May 2011903,41798.134.40$23,883
Apr 20111233,495105.964.33$28,178
Mar 20112254,21896.364.06$38,795
Feb 20111453,14885.644.18$25,576
Jan 20112313,96786.504.59$38,185
Dec 2010793,25285.734.35$20,912
Nov 201003,25280.843.80$12,342
Oct 201003,43178.103.51$12,039
Sep 201002,63272.633.98$10,474
Aug 201003,25673.684.42$14,389
Jul 201002,79372.554.74$13,229
Jun 201003,50170.364.91$17,191
May 201003,60171.124.24$15,251
Apr 201002,99781.694.12$12,356
Mar 201002,62278.394.39$11,507
Feb 201003,97173.585.44$21,612
Jan 201006,08574.365.96$36,291
Dec 2009504,52371.445.48$28,375
Nov 2009863,83774.593.75$20,809
Oct 2009794,15972.544.11$22,825
Sep 2009764,16265.543.06$17,737
Aug 20091373,74167.423.22$21,277
Jul 2009833,69461.133.46$17,872
Jun 2009994,13766.163.90$22,663
May 20092074,45954.743.93$28,836
Apr 2009914,02946.773.59$18,710
Mar 20091873,78442.144.06$23,239
Feb 20092134,11732.814.63$26,063
Jan 2009805,05935.865.37$30,041
Dec 2008792,74237.105.98$19,320
Nov 2008703,51155.496.86$27,971
Oct 2008544,82275.246.92$37,441
Sep 2008835,138101.767.88$48,919
Aug 20081276,081114.228.48$66,091
Jul 20081185,959131.0811.39$83,337
Jun 20081125,862131.3313.03$91,106
May 2008894,799123.1711.57$66,507
Apr 2008425,371110.3110.45$60,786
Mar 2008825,954101.909.66$65,896
Feb 2008485,60692.538.77$53,609
Jan 2008496,14190.388.21$54,820
Dec 2007915,88288.337.30$50,988
Nov 20072877,09291.677.29$78,022
Oct 20071477,38382.856.92$63,284
Sep 20071487,58375.846.24$58,574
Aug 20072697,99969.066.39$69,674
Jul 20072827,48270.906.39$67,788
Jun 20072608,21162.007.55$78,100
May 20073598,12558.747.85$84,839
Apr 20072467,57659.617.81$73,796
Mar 20072507,41756.927.30$68,389
Feb 20072356,23355.108.22$64,159
Jan 200739112,14150.306.73$101,338
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20062552,95554.906.01$31,770
Sep 200629411,48160.085.04$75,496
Aug 200652211,95468.717.34$123,608
Jul 200629414,20169.376.34$110,468
Jun 200651716,02166.286.38$136,543
May 200636515,92966.016.42$126,437
Apr 200641019,54464.397.36$170,253
Mar 200655018,83656.707.08$164,599
Feb 200622818,94457.597.75$159,968
Jan 200666114,11760.598.93$166,162
Dec 200588326,32454.9413.42$401,659
Nov 20051489,03854.6910.59$103,792

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             3 bbl  × $106.41 =       $319
Gas                  923 Mcf  × $  3.05 =     $2,811

────────────────────────────────────────────────────
Month total                                   $3,131

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/216652 is the state's own key, not one this site invented.