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 220642District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jan 2006 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
245
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 Gas112007-02-16173062
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
CondensateDisposition2,703 bbl$191,918
GasProduction874,153 Mcf$4,773,348
Total$4,965,265

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 32.2930, -95.0888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29303, -95.08882 · 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
11,820 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 11,820 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-42331976211,820 ftJan 2006

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 (245)

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

245 months

May 202601,044106.413.05$3,180
Apr 202601,25198.932.87$3,590
Mar 202601,36389.753.15$4,293
Feb 2026082963.503.75$3,109
Jan 202601,17359.138.00$9,382
Dec 202501,27456.664.41$5,623
Nov 202501,27858.593.93$5,018
Oct 202501,19059.383.30$3,933
Sep 202501,27362.743.08$3,917
Aug 202501,33363.933.01$4,019
Jul 202501,47966.743.32$4,903
Jun 202501,46666.483.13$4,587
May 202501,24960.553.23$4,037
Apr 202501,48762.363.54$5,269
Mar 202501,09167.704.27$4,657
Feb 202501,23570.884.34$5,361
Jan 202501,30974.324.28$5,601
Dec 2024097968.993.12$3,056
Nov 202401,49969.052.20$3,295
Oct 2024091171.372.28$2,078
Sep 202401,53569.612.36$3,629
Aug 202401,23675.632.06$2,551
Jul 2024077179.932.15$1,655
Jun 2024080278.082.63$2,112
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202401,12880.301.55$1,743
Feb 202401,15976.091.78$2,067
Jan 2024088473.023.30$2,915
Dec 202301,13771.262.61$2,968
Nov 202301,07277.892.81$3,010
Oct 202301,15585.443.09$3,566
Sep 202301,61089.042.74$4,403
Aug 202301,28780.522.67$3,440
Jul 202301,49974.852.64$3,960
Jun 202301,47968.962.26$3,340
May 202301,52070.622.23$3,386
Apr 202301,26578.122.24$2,831
Mar 202301,23072.852.39$2,944
Feb 2023091075.112.47$2,244
Jan 202301,32876.533.39$4,499
Dec 202201,22476.415.73$7,012
Nov 202201,40385.005.65$7,922
Oct 202201,43087.185.86$8,385
Sep 202201,33184.888.16$10,866
Aug 202201,54394.529.13$14,083
Jul 202201,363101.587.54$10,280
Jun 202201,331115.097.98$10,618
May 202201,250109.378.43$10,541
Apr 202201,371104.226.84$9,374
Mar 202201,428108.885.08$7,249
Feb 202201,32791.054.86$6,448
Jan 202201,55181.844.54$7,038
Dec 202101,58971.323.90$6,196
Nov 202101,47077.435.24$7,698
Oct 202101,18879.795.71$6,788
Sep 202101,24769.865.35$6,673
Aug 202101,51966.024.22$6,411
Jul 202101,60470.783.98$6,387
Jun 202101,49669.493.38$5,057
May 202101,64463.483.02$4,961
Apr 202101,50260.362.76$4,143
Mar 202101,37861.302.72$3,744
Feb 2021093857.805.55$5,204
Jan 202101,42250.412.81$3,996
Dec 202001,38344.642.68$3,700
Nov 202001,47138.772.71$3,981
Oct 202001,61036.972.48$3,990
Sep 202001,39637.091.99$2,779
Aug 202001,65539.982.39$3,947
Jul 202001,60038.371.83$2,920
Jun 202001,60234.901.69$2,708
May 202001,65116.921.81$2,996
Apr 202001,42414.751.80$2,569
Mar 202001,47130.341.86$2,731
Feb 202001,35849.881.98$2,690
Jan 202001,75557.252.09$3,676
Dec 201901,74959.012.30$4,030
Nov 201901,63855.302.75$4,506
Oct 201901,70753.472.42$4,128
Sep 201901,73555.052.66$4,610
Aug 201901,83353.112.30$4,224
Jul 201901,71056.272.46$4,207
Jun 201901,42752.782.49$3,555
May 201901,71258.482.74$4,691
Apr 201901,61162.632.75$4,431
Mar 201901,68556.803.06$5,160
Feb 201901,39150.852.79$3,884
Jan 201901,45946.033.23$4,710
Dec 201801,40446.594.19$5,876
Nov 201801,29452.934.24$5,483
Oct 201801,53161.443.40$5,202
Sep 201801,60959.543.11$5,001
Aug 2018751,25159.403.07$8,291
Jul 201801,46165.142.93$4,283
Jun 201801,52360.183.08$4,686
May 201801,59765.382.90$4,633
Apr 201801,48563.842.90$4,308
Mar 201801,72361.222.79$4,802
Feb 201801,72561.782.77$4,772
Jan 2018087562.874.01$3,508
Dec 201701,73557.272.92$5,069
Nov 201701,52155.423.12$4,743
Oct 201701,70649.292.98$5,090
Sep 201701,74247.523.09$5,378
Aug 201701,88245.373.00$5,654
Jul 201701,81843.873.09$5,613
Jun 201701,63242.493.09$5,038
May 201701,68845.373.26$5,509
Apr 201702,73747.933.21$8,790
Mar 201701,95046.772.98$5,818
Feb 201701,75050.452.95$5,167
Jan 201702,10549.413.42$7,197
Dec 201601,84948.763.72$6,884
Nov 201602542.492.64$66
Oct 201601,55546.193.09$4,805
Sep 201602,03141.553.10$6,297
Aug 201601,95341.442.92$5,711
Jul 201602,15941.622.92$6,314
Jun 201602,11245.352.69$5,672
May 201602,26042.521.99$4,500
Apr 201602,13336.561.99$4,247
Mar 201602,22833.011.79$3,997
Feb 201602,04926.472.06$4,228
Jan 201602,22327.352.36$5,256
Dec 201502,29932.362.00$4,601
Nov 201502,24038.792.17$4,855
Oct 201502,25643.552.43$5,474
Sep 201502,29642.992.76$6,333
Aug 201502,41940.162.87$6,949
Jul 201502,43048.152.95$7,157
Jun 201502,36556.152.88$6,818
May 201502,42455.212.96$7,164
Apr 201502,38449.822.71$6,452
Mar 201502,49842.892.93$7,331
Feb 201502,28244.662.98$6,792
Jan 201502,55943.433.10$7,935
Dec 20141082,65354.693.59$15,434
Nov 201402,74770.464.25$11,680
Oct 201401,33278.303.90$5,196
Sep 201402,45986.164.05$9,948
Aug 201402,49289.394.04$10,056
Jul 201442,58696.564.18$11,195
Jun 201402,49798.164.74$11,828
May 201402,68894.734.73$12,705
Apr 201402,52395.944.81$12,133
Mar 201402,64895.895.06$13,390
Feb 201402,17797.406.19$13,480
Jan 201422,62290.404.86$12,926
Dec 201302,65591.824.35$11,561
Nov 201302,59788.853.74$9,708
Oct 2013852,73797.423.78$18,625
Sep 201302,700104.113.72$10,038
Aug 201302,791104.253.52$9,832
Jul 201302,676102.523.72$9,949
Jun 201302,68294.403.93$10,549
May 201302,85394.834.15$11,837
Apr 20131772,79193.964.28$28,584
Mar 201302,86393.623.91$11,203
Feb 201302,42891.233.42$8,304
Jan 201302,72791.603.42$9,326
Dec 201202,86186.773.42$9,785
Nov 201202,86986.953.62$10,400
Oct 201202,83489.383.40$9,635
Sep 201202,86394.672.92$8,355
Aug 201202,98692.662.91$8,684
Jul 201203,06285.133.02$9,250
Jun 201202,83379.822.52$7,136
May 201203,03191.612.49$7,542
Apr 201202,979101.652.00$5,948
Mar 20121913,073105.052.22$26,893
Feb 201202,948101.102.57$7,577
Jan 201203,21898.092.73$8,798
Dec 201103,21796.873.24$10,422
Nov 201103,21295.723.31$10,636
Oct 201103,34784.983.65$12,212
Sep 201103,26183.623.99$12,998
Aug 201103,46683.404.15$14,382
Jul 201103,48094.144.52$15,720
Jun 201103,39992.904.64$15,771
May 201103,52998.134.40$15,545
Apr 201103,514105.964.33$15,227
Mar 201103,66096.364.06$14,850
Feb 201103,41485.644.18$14,270
Jan 201103,85086.504.59$17,667
Dec 201003,79185.734.35$16,482
Nov 201003,77280.843.80$14,316
Oct 201004,02178.103.51$14,109
Sep 201003,92972.633.98$15,635
Aug 20101814,17773.684.42$31,796
Jul 201004,21072.554.74$19,941
Jun 201004,11070.364.91$20,182
May 201004,36971.124.24$18,504
Apr 201004,22981.694.12$17,435
Mar 201004,45778.394.39$19,560
Feb 201004,11573.585.44$22,395
Jan 201004,60074.365.96$27,435
Dec 200904,63771.445.48$25,428
Nov 200904,61174.593.75$17,298
Oct 200904,80072.544.11$19,729
Sep 20091704,78065.543.06$25,791
Aug 200905,05667.423.22$16,273
Jul 200905,14661.133.46$17,828
Jun 200905,03466.163.90$19,607
May 200905,29454.743.93$20,783
Apr 200905,22346.773.59$18,738
Mar 200905,69142.144.06$23,100
Feb 200905,09832.814.63$23,619
Jan 200905,66235.865.37$30,411
Dec 20081756,28337.105.98$44,047
Nov 200805,63655.496.86$38,665
Oct 200805,99275.246.92$41,477
Sep 200805,920101.767.88$46,632
Aug 200806,288114.228.48$53,341
Jul 200806,337131.0811.39$72,175
Jun 200806,410131.3313.03$83,539
May 200806,774123.1711.57$78,404
Apr 200806,646110.3110.45$69,483
Mar 20081276,945101.909.66$80,058
Feb 200806,86992.538.77$60,245
Jan 200807,57190.388.21$62,126
Dec 200707,69988.337.30$56,218
Nov 20071727,75491.677.29$72,307
Oct 200707,50882.856.92$51,970
Sep 200708,06975.846.24$50,384
Aug 200708,59569.066.39$54,904
Jul 200708,91570.906.39$56,948
Jun 20071828,82862.007.55$77,922
May 200709,49558.747.85$74,500
Apr 200709,57859.617.81$74,758
Mar 200719410,40556.927.30$87,019
Feb 200709,77855.108.22$80,336
Jan 2007011,17750.306.73$75,186
Dec 200619711,46056.656.92$90,445
Nov 2006112,05754.207.62$91,898
Oct 2006013,27754.906.01$79,845
Sep 200619113,66260.085.04$80,294
Aug 2006015,16968.717.34$111,339
Jul 200619016,62169.376.34$118,603
Jun 20067320,48466.286.38$135,606
May 20067120,61166.016.42$137,112
Apr 200610823,27364.397.36$178,255
Mar 20061329,56956.707.08$210,172
Feb 20061632,80657.597.75$255,205
Jan 2006019,97560.598.93$178,443

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                1,044 Mcf  × $  3.05 =     $3,180

────────────────────────────────────────────────────
Month total                                   $3,180

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/220642 is the state's own key, not one this site invented.