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 217275District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Nov 2005 – May 2026
Value, last 12 filed months
$37 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 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 Gas112007-02-16173064
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
CondensateDisposition2,655 bbl$182,759
GasProduction721,700 Mcf$4,114,339
Total$4,297,098

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 32.2915, -95.0998. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29154, -95.09976 · 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
11,732 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 11,732 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-42332013311,732 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 20260488106.413.05$1,486
Apr 2026084498.932.87$2,422
Mar 202601,09989.753.15$3,461
Feb 2026054163.503.75$2,029
Jan 2026057959.138.00$4,631
Dec 2025072556.664.41$3,200
Nov 2025070458.593.93$2,764
Oct 2025084359.383.30$2,786
Sep 2025097862.743.08$3,009
Aug 202501,08763.933.01$3,277
Jul 202501,15766.743.32$3,836
Jun 202501,26366.483.13$3,952
May 2025071660.553.23$2,314
Apr 202501,26462.363.54$4,479
Mar 2025082667.704.27$3,526
Feb 2025051870.884.34$2,249
Jan 2025094174.324.28$4,026
Dec 2024099168.993.12$3,093
Nov 2024097469.052.20$2,141
Oct 2024099571.372.28$2,270
Sep 202401,44569.612.36$3,417
Aug 202401,29375.632.06$2,668
Jul 202401,37679.932.15$2,954
Jun 202402,07278.082.63$5,458
May 20240078.812.20$0
Apr 202402984.451.66$48
Mar 2024087880.301.55$1,357
Feb 2024086676.091.78$1,545
Jan 2024079073.023.30$2,605
Dec 202301,20071.262.61$3,133
Nov 2023085977.892.81$2,412
Oct 2023094185.443.09$2,905
Sep 202301,31589.042.74$3,597
Aug 202301,64980.522.67$4,408
Jul 202301,47874.852.64$3,905
Jun 202301,49768.962.26$3,381
May 202301,74470.622.23$3,885
Apr 202301,34878.122.24$3,017
Mar 202301,53372.852.39$3,669
Feb 202301,92575.112.47$4,746
Jan 2023059876.533.39$2,026
Dec 2022072576.415.73$4,154
Nov 2022058385.005.65$3,292
Oct 202201,08487.185.86$6,356
Sep 202201,11384.888.16$9,086
Aug 202201,54094.529.13$14,056
Jul 202201,015101.587.54$7,655
Jun 202201,408115.097.98$11,232
May 202201,359109.378.43$11,461
Apr 202201,086104.226.84$7,426
Mar 20220994108.885.08$5,046
Feb 2022081791.054.86$3,970
Jan 2022086781.844.54$3,934
Dec 202101,35671.323.90$5,287
Nov 202101,43877.435.24$7,531
Oct 202101,42779.795.71$8,154
Sep 202101,40969.865.35$7,539
Aug 202101,86866.024.22$7,884
Jul 202101,32570.783.98$5,276
Jun 202101,23169.493.38$4,162
May 202101,41363.483.02$4,264
Apr 202101,40460.362.76$3,873
Mar 202102,15361.302.72$5,850
Feb 202101,37057.805.55$7,601
Jan 202101,08050.412.81$3,035
Dec 202001,25044.642.68$3,344
Nov 202001,17838.772.71$3,188
Oct 202001,21436.972.48$3,009
Sep 202001,24337.091.99$2,475
Aug 202001,20439.982.39$2,872
Jul 202001,07638.371.83$1,964
Jun 202001,26734.901.69$2,142
May 202001,18616.921.81$2,152
Apr 202081,25114.751.80$2,375
Mar 202001,27330.341.86$2,363
Feb 202001,22749.881.98$2,430
Jan 202001,20157.252.09$2,516
Dec 201901,23559.012.30$2,846
Nov 201901,15255.302.75$3,169
Oct 201901,35153.472.42$3,267
Sep 201901,35955.052.66$3,611
Aug 201901,29653.112.30$2,986
Jul 201901,28256.272.46$3,154
Jun 201901,04052.782.49$2,591
May 201901,02458.482.74$2,806
Apr 201901,15762.632.75$3,183
Mar 201901,35556.803.06$4,149
Feb 201901,24650.852.79$3,479
Jan 201901,10946.033.23$3,580
Dec 201801,28946.594.19$5,395
Nov 201801,28352.934.24$5,436
Oct 201801,27561.443.40$4,333
Sep 201801,59859.543.11$4,967
Aug 201851,30759.403.07$4,305
Jul 201801,62265.142.93$4,756
Jun 201801,62960.183.08$5,012
May 201801,84265.382.90$5,343
Apr 201801,78563.842.90$5,178
Mar 201802,18361.222.79$6,084
Feb 201801,18761.782.77$3,283
Jan 201801,87962.874.01$7,534
Dec 201701,33657.272.92$3,903
Nov 201701,41555.423.12$4,412
Oct 201701,41949.292.98$4,234
Sep 201701,50947.523.09$4,659
Aug 201701,48445.373.00$4,459
Jul 201701,85643.873.09$5,730
Jun 201701,60942.493.09$4,967
May 201701,85145.373.26$6,041
Apr 201702,54647.933.21$8,177
Mar 201701,53946.772.98$4,592
Feb 201701,47650.452.95$4,358
Jan 201702,09549.413.42$7,162
Dec 201601,42348.763.72$5,298
Nov 201601742.492.64$45
Oct 201601,17446.193.09$3,628
Sep 201601,84641.553.10$5,724
Aug 201601,98741.442.92$5,811
Jul 201602,17041.622.92$6,346
Jun 201601,78245.352.69$4,786
May 2016050542.521.99$1,005
Apr 201601,80236.561.99$3,588
Mar 201601,91933.011.79$3,443
Feb 201601,81126.472.06$3,737
Jan 201601,95227.352.36$4,615
Dec 201502,08232.362.00$4,167
Nov 201501,92738.792.17$4,176
Oct 201501,91943.552.43$4,657
Sep 201501,93942.992.76$5,349
Aug 201502,06140.162.87$5,920
Jul 201501,84748.152.95$5,440
Jun 201501,99056.152.88$5,737
May 201502,15755.212.96$6,375
Apr 201502,18849.822.71$5,922
Mar 201501,93742.892.93$5,685
Feb 201501,91144.662.98$5,688
Jan 201502,40543.433.10$7,457
Dec 201402,29954.693.59$8,257
Nov 201402,42070.464.25$10,289
Oct 201402,14378.303.90$8,360
Sep 201401,87486.164.05$7,581
Aug 201402,16289.394.04$8,724
Jul 201402,36696.564.18$9,889
Jun 201402,15998.164.74$10,227
May 201402,34194.734.73$11,065
Apr 201402,36395.944.81$11,364
Mar 201402,29695.895.06$11,610
Feb 201401,54197.406.19$9,542
Jan 201401,52090.404.86$7,388
Dec 201302,27291.824.35$9,893
Nov 201302,15888.853.74$8,067
Oct 201302,17797.423.78$8,228
Sep 2013172,440104.113.72$10,841
Aug 201302,321104.253.52$8,176
Jul 201302,703102.523.72$10,049
Jun 201302,60494.403.93$10,243
May 2013172,39094.834.15$11,528
Apr 201302,23393.964.28$9,563
Mar 201302,36293.623.91$9,242
Feb 201301,83091.233.42$6,258
Jan 2013182,27491.603.42$9,426
Dec 201202,32586.773.42$7,952
Nov 2012172,56586.953.62$10,776
Oct 201202,64089.383.40$8,975
Sep 201202,32894.672.92$6,794
Aug 201202,83592.662.91$8,245
Jul 201203,45685.133.02$10,440
Jun 2012172,15979.822.52$6,796
May 201202,73891.612.49$6,813
Apr 201202,446101.652.00$4,884
Mar 2012172,706105.052.22$7,799
Feb 201202,505101.102.57$6,438
Jan 201202,33898.092.73$6,392
Dec 2011172,73196.873.24$10,495
Nov 201102,36095.723.31$7,815
Oct 201102,21084.983.65$8,063
Sep 201102,84783.623.99$11,348
Aug 2011163,09383.404.15$14,168
Jul 201103,15994.144.52$14,270
Jun 201103,60392.904.64$16,717
May 201103,08898.134.40$13,602
Apr 2011173,002105.964.33$14,810
Mar 201102,86296.364.06$11,612
Feb 201102,47585.644.18$10,345
Jan 2011203,07886.504.59$15,854
Dec 201003,03785.734.35$13,204
Nov 2010203,15080.843.80$13,572
Oct 201003,06678.103.51$10,758
Sep 201003,38572.633.98$13,471
Aug 2010193,87773.684.42$18,534
Jul 201003,49272.554.74$16,540
Jun 201003,47770.364.91$17,073
May 2010193,55671.124.24$16,412
Apr 201003,45681.694.12$14,248
Mar 2010173,53878.394.39$16,860
Feb 201003,23873.585.44$17,622
Jan 2010183,72774.365.96$23,567
Dec 2009183,38571.445.48$19,848
Nov 200903,66574.593.75$13,749
Oct 2009173,90772.544.11$17,292
Sep 200903,89965.543.06$11,949
Aug 2009174,08567.423.22$14,294
Jul 200904,05261.133.46$14,038
Jun 2009273,99666.163.90$17,351
May 200903,98054.743.93$15,624
Apr 2009194,16146.773.59$15,816
Mar 2009324,18742.144.06$18,344
Feb 2009173,99632.814.63$19,071
Jan 2009484,30735.865.37$24,854
Dec 2008734,85237.105.98$31,709
Nov 2008764,14755.496.86$32,667
Oct 200804,59375.246.92$31,793
Sep 200804,637101.767.88$36,526
Aug 200804,506114.228.48$38,224
Jul 2008784,692131.0811.39$63,663
Jun 200804,667131.3313.03$60,823
May 2008775,017123.1711.57$67,552
Apr 200805,017110.3110.45$52,452
Mar 2008735,205101.909.66$57,740
Feb 200804,92592.538.77$43,195
Jan 2008715,55290.388.21$51,975
Dec 2007725,75188.337.30$48,353
Nov 2007695,10291.677.29$43,527
Oct 2007675,91182.856.92$46,467
Sep 200705,79575.846.24$36,185
Aug 2007666,24869.066.39$44,470
Jul 200706,26270.906.39$40,001
Jun 2007676,32362.007.55$51,883
May 2007676,83758.747.85$57,581
Apr 2007656,72959.617.81$56,396
Mar 2007637,24656.927.30$56,496
Feb 2007636,92255.108.22$60,342
Jan 2007577,23550.306.73$51,536
Dec 20061098,15256.656.92$62,574
Nov 20061028,40454.207.62$69,546
Oct 2006888,92254.906.01$58,486
Sep 2006619,38260.085.04$50,924
Aug 20066210,27268.717.34$79,656
Jul 2006011,12669.376.34$70,570
Jun 200616211,40366.286.38$83,533
May 20063213,11166.016.42$86,351
Apr 200610113,84664.397.36$108,417
Mar 20066016,62456.707.08$121,148
Feb 200611518,15557.597.75$147,344
Jan 2006028,16060.598.93$251,562
Dec 200518524,87654.9413.42$343,885
Nov 2005014,30554.6910.59$151,467

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                  488 Mcf  × $  3.05 =     $1,486

────────────────────────────────────────────────────
Month total                                   $1,486

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/217275 is the state's own key, not one this site invented.