MAYNARD, A.

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 220826District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.0 M
Mar 2006 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
243
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 Gas112007-02-16173066
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
CondensateDisposition4,497 bbl$309,922
GasProduction2,090,953 Mcf$11,653,069
Total$11,962,991

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 32.2796, -95.0855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27962, -95.08549 · 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
11,686 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 11,686 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-423320026H11,686 ftApr 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 (243)

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

243 months

May 202602,712106.413.05$8,260
Apr 202602,75398.932.87$7,900
Mar 202602,86089.753.15$9,007
Feb 202601,80863.503.75$6,781
Jan 202602,38459.138.00$19,067
Dec 202502,23256.664.41$9,851
Nov 202502,42058.593.93$9,502
Oct 202502,70359.383.30$8,933
Sep 202503,04062.743.08$9,354
Aug 202503,12963.933.01$9,433
Jul 202503,06966.743.32$10,174
Jun 202502,92466.483.13$9,148
May 202503,00960.553.23$9,726
Apr 202502,92462.363.54$10,360
Mar 202503,07767.704.27$13,134
Feb 202502,59970.884.34$11,282
Jan 202502,26674.324.28$9,695
Dec 202401,88068.993.12$5,868
Nov 202401,94469.052.20$4,274
Oct 202402,53271.372.28$5,777
Sep 202402,52469.612.36$5,968
Aug 202402,06675.632.06$4,263
Jul 202402,69879.932.15$5,792
Jun 202401,82278.082.63$4,799
May 20240078.812.20$0
Apr 202403584.451.66$58
Mar 202402,82480.301.55$4,363
Feb 202402,72476.091.78$4,859
Jan 202402,68573.023.30$8,854
Dec 202302,96971.262.61$7,751
Nov 202302,97077.892.81$8,338
Oct 202303,04185.443.09$9,388
Sep 202303,05789.042.74$8,361
Aug 202303,25780.522.67$8,706
Jul 202302,67774.852.64$7,072
Jun 202303,27368.962.26$7,392
May 202303,46370.622.23$7,713
Apr 202303,26278.122.24$7,300
Mar 202303,12972.852.39$7,488
Feb 202303,02775.112.47$7,464
Jan 202302,41876.533.39$8,192
Dec 202203,18076.415.73$18,218
Nov 202203,06085.005.65$17,277
Oct 202203,16687.185.86$18,565
Sep 202203,02984.888.16$24,728
Aug 202203,67094.529.13$33,497
Jul 202204,619101.587.54$34,837
Jun 202203,722115.097.98$29,691
May 202203,198109.378.43$26,969
Apr 202203,169104.226.84$21,668
Mar 202203,424108.885.08$17,382
Feb 202202,34491.054.86$11,389
Jan 202203,16981.844.54$14,380
Dec 202103,04271.323.90$11,861
Nov 202102,90377.435.24$15,203
Oct 202103,16179.795.71$18,062
Sep 202103,09169.865.35$16,540
Aug 202103,11666.024.22$13,151
Jul 202102,16570.783.98$8,621
Jun 202102,65769.493.38$8,982
May 202103,09463.483.02$9,337
Apr 202102,58760.362.76$7,136
Mar 202102,03861.302.72$5,537
Feb 202101,91457.805.55$10,619
Jan 202102,14450.412.81$6,025
Dec 202002,93344.642.68$7,847
Nov 202003,11538.772.71$8,431
Oct 202003,14336.972.48$7,790
Sep 202003,04937.091.99$6,071
Aug 202003,29539.982.39$7,859
Jul 202003,33838.371.83$6,092
Jun 202003,14934.901.69$5,323
May 202003,23716.921.81$5,874
Apr 20201243,23214.751.80$7,661
Mar 202003,12930.341.86$5,808
Feb 202003,16449.881.98$6,267
Jan 202003,82557.252.09$8,012
Dec 201903,83559.012.30$8,837
Nov 201903,70555.302.75$10,191
Oct 201903,69153.472.42$8,927
Sep 201903,65155.052.66$9,702
Aug 201903,50853.112.30$8,084
Jul 201903,76356.272.46$9,257
Jun 201904,34252.782.49$10,817
May 201903,73558.482.74$10,235
Apr 201903,72662.632.75$10,249
Mar 201903,70256.803.06$11,336
Feb 201903,41550.852.79$9,535
Jan 201903,55746.033.23$11,483
Dec 201803,43646.594.19$14,381
Nov 201803,62552.934.24$15,360
Oct 201803,77161.443.40$12,814
Sep 201803,41059.543.11$10,598
Aug 201803,54659.403.07$10,874
Jul 20181553,57865.142.93$20,587
Jun 201803,55460.183.08$10,935
May 201803,88165.382.90$11,258
Apr 201803,06663.842.90$8,894
Mar 201803,05661.222.79$8,517
Feb 201803,50761.782.77$9,701
Jan 201804,05362.874.01$16,250
Dec 201703,60357.272.92$10,526
Nov 201701,61255.423.12$5,027
Oct 201702,54949.292.98$7,605
Sep 201703,12447.523.09$9,645
Aug 201704,36845.373.00$13,123
Jul 201704,35843.873.09$13,454
Jun 201704,43942.493.09$13,704
May 201704,66045.373.26$15,207
Apr 201705,69347.933.21$18,284
Mar 201705,28846.772.98$15,778
Feb 201704,77750.452.95$14,105
Jan 201704,46849.413.42$15,275
Dec 201604,46448.763.72$16,619
Nov 20160042.492.64$0
Oct 2016092646.193.09$2,862
Sep 201603,17441.553.10$9,841
Aug 20161733,17541.442.92$16,454
Jul 201603,43241.622.92$10,036
Jun 201603,40445.352.69$9,143
May 201603,51642.521.99$7,001
Apr 201603,66436.561.99$7,295
Mar 201604,02733.011.79$7,224
Feb 201604,23126.472.06$8,731
Jan 201604,59727.352.36$10,869
Dec 201504,63032.362.00$9,267
Nov 201504,42638.792.17$9,593
Oct 201504,53143.552.43$10,995
Sep 201504,52242.992.76$12,474
Aug 201504,66640.162.87$13,403
Jul 201504,78048.152.95$14,077
Jun 201504,71056.152.88$13,578
May 201504,91055.212.96$14,511
Apr 201504,45449.822.71$12,055
Mar 201505,03542.892.93$14,776
Feb 201504,76444.662.98$14,179
Jan 201505,20243.433.10$16,129
Dec 201404,48354.693.59$16,100
Nov 201405,25570.464.25$22,343
Oct 20141872,62378.303.90$24,874
Sep 201404,71786.164.05$19,082
Aug 201405,04389.394.04$20,349
Jul 201495,21696.564.18$22,670
Jun 201405,15698.164.74$24,423
May 201405,47794.734.73$25,887
Apr 201404,75695.944.81$22,872
Mar 201404,92895.895.06$24,920
Feb 201404,92597.406.19$30,496
Jan 201404,42890.404.86$21,523
Dec 201305,18191.824.35$22,561
Nov 201304,24488.853.74$15,865
Oct 20131844,78197.423.78$35,994
Sep 201304,250104.113.72$15,800
Aug 201305,048104.253.52$17,782
Jul 201305,552102.523.72$20,641
Jun 201305,44894.403.93$21,429
May 201305,13894.834.15$21,318
Apr 201305,40393.964.28$23,139
Mar 201305,71493.623.91$22,358
Feb 201305,18091.233.42$17,715
Jan 201305,73691.603.42$19,617
Dec 201205,35286.773.42$18,305
Nov 201205,40386.953.62$19,586
Oct 201205,59689.383.40$19,025
Sep 20121954,86094.672.92$32,644
Aug 201205,63892.662.91$16,396
Jul 201205,96685.133.02$18,022
Jun 201206,19579.822.52$15,605
May 201206,72291.612.49$16,726
Apr 201205,703101.652.00$11,388
Mar 201206,703105.052.22$14,895
Feb 201206,387101.102.57$16,416
Jan 201206,95298.092.73$19,007
Dec 201105,83396.873.24$18,897
Nov 201106,14395.723.31$20,341
Oct 201107,05184.983.65$25,726
Sep 201106,98783.623.99$27,849
Aug 20111617,68683.404.15$45,319
Jul 201107,78594.144.52$35,167
Jun 201107,39392.904.64$34,303
May 201107,33398.134.40$32,301
Apr 201108,048105.964.33$34,874
Mar 201108,34296.364.06$33,846
Feb 201107,58685.644.18$31,709
Jan 201108,71486.504.59$39,987
Dec 201009,07085.734.35$39,434
Nov 201008,35080.843.80$31,691
Oct 201009,16778.103.51$32,166
Sep 201009,35572.633.98$37,228
Aug 201009,80873.684.42$43,345
Jul 201009,84472.554.74$46,626
Jun 2010010,01570.364.91$49,178
May 2010010,45171.124.24$44,262
Apr 201015910,13381.694.12$54,764
Mar 2010010,90878.394.39$47,872
Feb 201009,51773.585.44$51,795
Jan 2010010,97474.365.96$65,450
Dec 2009010,69771.445.48$58,660
Nov 2009010,70074.593.75$40,141
Oct 2009011,40972.544.11$46,894
Sep 200919311,02165.543.06$46,426
Aug 2009011,81367.423.22$38,020
Jul 2009011,73561.133.46$40,656
Jun 2009011,85566.163.90$46,175
May 2009012,68154.743.93$49,782
Apr 2009012,62746.773.59$45,299
Mar 200917213,39442.144.06$61,614
Feb 2009012,35332.814.63$57,231
Jan 2009013,79635.865.37$74,098
Dec 200819414,92337.105.98$96,394
Nov 200819414,69255.496.86$111,557
Oct 2008016,13075.246.92$111,652
Sep 2008016,184101.767.88$127,483
Aug 2008017,223114.228.48$146,103
Jul 2008017,569131.0811.39$200,101
Jun 200818017,041131.3313.03$245,728
May 2008018,867123.1711.57$218,372
Apr 2008018,602110.3110.45$194,481
Mar 200819019,303101.909.66$205,907
Feb 2008019,40892.538.77$170,219
Jan 2008021,32990.388.21$175,020
Dec 200719122,02988.337.30$177,726
Nov 2007021,52591.677.29$156,954
Oct 2007024,37282.856.92$168,703
Sep 200718924,22775.846.24$165,611
Aug 2007026,06669.066.39$166,508
Jul 2007027,30970.906.39$174,448
Jun 200719229,40162.007.55$233,836
May 2007231,23458.747.85$245,188
Apr 2007031,75259.617.81$247,831
Mar 200719034,52956.927.30$262,945
Feb 2007032,16655.108.22$264,276
Jan 200717638,05850.306.73$264,863
Dec 2006141,43456.656.92$286,715
Nov 200619243,72754.207.62$343,496
Oct 200617549,49054.906.01$307,230
Sep 2006052,62560.085.04$265,083
Aug 200618462,28668.717.34$469,817
Jul 200619071,54569.376.34$466,973
Jun 200634580,55166.286.38$537,095
May 2006095,45666.016.42$613,305
Apr 2006051,35764.397.36$378,012
Mar 200606156.707.08$432

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                2,712 Mcf  × $  3.05 =     $8,260

────────────────────────────────────────────────────
Month total                                   $8,260

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/220826 is the state's own key, not one this site invented.