SWINNEY

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 222296District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
May 2006 – May 2026
Value, last 12 filed months
$466
at the published price for each month
Months reported
241
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 Gas112007-08-14173061
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
CondensateDisposition912 bbl$67,588
GasProduction1,219,211 Mcf$6,837,388
Total$6,904,975

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 32.2716, -95.0941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27162, -95.09409 · 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
11,659 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 11,659 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-423320803H11,659 ftMay 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 (241)

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

241 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202506866.743.32$225
Jun 202507766.483.13$241
May 2025010460.553.23$336
Apr 202508962.363.54$315
Mar 2025013067.704.27$555
Feb 2025012970.884.34$560
Jan 2025014874.324.28$633
Dec 2024013368.993.12$415
Nov 2024012669.052.20$277
Oct 20240071.372.28$0
Sep 202405069.612.36$118
Aug 2024012475.632.06$256
Jul 2024019679.932.15$421
Jun 20240278.082.63$5
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024015380.301.55$236
Feb 202407976.091.78$141
Jan 2024017373.023.30$571
Dec 2023019871.262.61$517
Nov 20230077.892.81$0
Oct 2023026485.443.09$815
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023038878.122.24$868
Mar 2023036872.852.39$881
Feb 2023030775.112.47$757
Jan 2023031876.533.39$1,077
Dec 2022034376.415.73$1,965
Nov 2022048185.005.65$2,716
Oct 2022044487.185.86$2,604
Sep 2022081484.888.16$6,645
Aug 202201,03394.529.13$9,428
Jul 20220707101.587.54$5,332
Jun 20220574115.097.98$4,579
May 20220780109.378.43$6,578
Apr 202202,048104.226.84$14,003
Mar 20220320108.885.08$1,624
Feb 202201,46591.054.86$7,118
Jan 202201,65581.844.54$7,510
Dec 202101,99171.323.90$7,763
Nov 202102,07677.435.24$10,872
Oct 202101,94479.795.71$11,108
Sep 202101,52469.865.35$8,155
Aug 202101,93166.024.22$8,150
Jul 202102,48670.783.98$9,899
Jun 202101,75469.493.38$5,930
May 202102,33163.483.02$7,034
Apr 202102,42160.362.76$6,678
Mar 202101,27561.302.72$3,464
Feb 202101,24157.805.55$6,885
Jan 202102,23350.412.81$6,275
Dec 202002,14444.642.68$5,736
Nov 202002,59538.772.71$7,024
Oct 202002,31436.972.48$5,735
Sep 202002,64937.091.99$5,274
Aug 202002,92839.982.39$6,984
Jul 202002,88838.371.83$5,271
Jun 202002,34234.901.69$3,959
May 202002,72016.921.81$4,936
Apr 2020211,45314.751.80$2,932
Mar 202001,56430.341.86$2,903
Feb 202001,41349.881.98$2,799
Jan 202001,54057.252.09$3,226
Dec 201901,55059.012.30$3,572
Nov 201901,30255.302.75$3,581
Oct 201901,38253.472.42$3,342
Sep 201901,43855.052.66$3,821
Aug 201901,62253.112.30$3,738
Jul 201901,78156.272.46$4,381
Jun 201901,65652.782.49$4,125
May 201901,77558.482.74$4,864
Apr 201901,75462.632.75$4,825
Mar 201901,80456.803.06$5,524
Feb 201902,31450.852.79$6,461
Jan 201902,57446.033.23$8,309
Dec 201802,58946.594.19$10,836
Nov 201802,37852.934.24$10,076
Oct 201802,54761.443.40$8,655
Sep 201802,48659.543.11$7,726
Aug 2018272,69459.403.07$9,865
Jul 201802,88065.142.93$8,444
Jun 201802,83660.183.08$8,726
May 201802,68665.382.90$7,792
Apr 201802,43263.842.90$7,055
Mar 201802,61161.222.79$7,276
Feb 201803,48861.782.77$9,648
Jan 2018046262.874.01$1,852
Dec 201701,65157.272.92$4,823
Nov 201702,68855.423.12$8,382
Oct 201703,03449.292.98$9,052
Sep 201702,68447.523.09$8,286
Aug 201702,95245.373.00$8,869
Jul 201703,09743.873.09$9,561
Jun 201702,57042.493.09$7,934
May 201702,44745.373.26$7,986
Apr 201703,97347.933.21$12,760
Mar 201703,16646.772.98$9,446
Feb 201702,43350.452.95$7,184
Jan 201701,63449.413.42$5,586
Dec 2016048648.763.72$1,809
Nov 20160042.492.64$0
Oct 201601,56646.193.09$4,839
Sep 201602,41041.553.10$7,473
Aug 201602,81341.442.92$8,226
Jul 201602,65741.622.92$7,770
Jun 201602,14145.352.69$5,750
May 201602,65442.521.99$5,284
Apr 201602,52336.561.99$5,023
Mar 201602,74133.011.79$4,917
Feb 201602,51026.472.06$5,180
Jan 201602,68727.352.36$6,353
Dec 201502,74532.362.00$5,494
Nov 201502,82638.792.17$6,125
Oct 201501,81743.552.43$4,409
Sep 201501,86542.992.76$5,144
Aug 201502,06740.162.87$5,937
Jul 201502,10848.152.95$6,208
Jun 201502,12756.152.88$6,132
May 201502,26855.212.96$6,703
Apr 201502,06549.822.71$5,589
Mar 201501,99142.892.93$5,843
Feb 201501,96844.662.98$5,857
Jan 201502,26843.433.10$7,032
Dec 201402,29754.693.59$8,249
Nov 201402,26570.464.25$9,630
Oct 201401,60078.303.90$6,242
Sep 201402,12086.164.05$8,576
Aug 201402,18789.394.04$8,825
Jul 201402,20596.564.18$9,216
Jun 201402,14898.164.74$10,175
May 201402,17494.734.73$10,276
Apr 201402,14095.944.81$10,292
Mar 201402,25395.895.06$11,393
Feb 201403,76797.406.19$23,325
Jan 201402,21090.404.86$10,742
Dec 201302,37391.824.35$10,333
Nov 201302,85488.853.74$10,669
Oct 201304,01197.423.78$15,159
Sep 201304,144104.113.72$15,406
Aug 201304,031104.253.52$14,200
Jul 201303,954102.523.72$14,700
Jun 201304,03094.403.93$15,852
May 201304,04494.834.15$16,779
Apr 201304,05493.964.28$17,362
Mar 201304,25493.623.91$16,645
Feb 2013333,92191.233.42$16,420
Jan 201304,02091.603.42$13,748
Dec 201203,69386.773.42$12,631
Nov 201204,09886.953.62$14,855
Oct 201204,54189.383.40$15,438
Sep 201204,02294.672.92$11,738
Aug 201204,63192.662.91$13,468
Jul 201204,02885.133.02$12,168
Jun 201204,31579.822.52$10,870
May 201204,68691.612.49$11,660
Apr 201204,474101.652.00$8,934
Mar 201204,635105.052.22$10,299
Feb 201204,360101.102.57$11,206
Jan 201204,83798.092.73$13,225
Dec 2011584,69996.873.24$20,842
Nov 201104,77495.723.31$15,808
Oct 201105,12184.983.65$18,684
Sep 201104,88083.623.99$19,451
Aug 201105,54383.404.15$23,000
Jul 201105,71594.144.52$25,816
Jun 201105,60092.904.64$25,983
May 201105,84198.134.40$25,729
Apr 201105,297105.964.33$22,953
Mar 201105,49396.364.06$22,287
Feb 201104,70585.644.18$19,667
Jan 201105,55986.504.59$25,509
Dec 201005,70385.734.35$24,795
Nov 201005,53680.843.80$21,011
Oct 201005,77078.103.51$20,246
Sep 201005,93072.633.98$23,598
Aug 201006,31773.684.42$27,917
Jul 201006,45672.554.74$30,579
Jun 201006,41370.364.91$31,490
May 201006,55971.124.24$27,779
Apr 2010686,26381.694.12$31,375
Mar 201006,48878.394.39$28,474
Feb 201005,88973.585.44$32,050
Jan 201006,63574.365.96$39,572
Dec 200906,84871.445.48$37,553
Nov 200906,74974.593.75$25,319
Oct 2009587,59872.544.11$35,437
Sep 200907,51165.543.06$23,019
Aug 200908,01767.423.22$25,803
Jul 200908,17761.133.46$28,329
Jun 200907,91766.163.90$30,837
May 2009178,12654.743.93$32,831
Apr 200907,53846.773.59$27,043
Mar 2009889,12742.144.06$40,755
Feb 200908,73432.814.63$40,465
Jan 200908,13735.865.37$43,704
Dec 2008010,24137.105.98$61,212
Nov 200808,58355.496.86$58,882
Oct 200809,41475.246.92$65,164
Sep 200809,512101.767.88$74,927
Aug 200809,990114.228.48$84,745
Jul 20086910,294131.0811.39$126,287
Jun 2008010,368131.3313.03$135,122
May 2008011,112123.1711.57$128,614
Apr 2008011,451110.3110.45$119,719
Mar 20085611,897101.909.66$120,680
Feb 2008011,75492.538.77$103,089
Jan 2008013,17790.388.21$108,127
Dec 2007012,86388.337.30$93,925
Nov 20076513,28491.677.29$102,821
Oct 2007014,60282.856.92$101,075
Sep 20078115,02175.846.24$99,937
Aug 2007016,11969.066.39$102,967
Jul 2007016,89670.906.39$107,931
Jun 2007017,28262.007.55$130,452
May 20078719,03958.747.85$154,496
Apr 20078720,24059.617.81$163,163
Mar 2007022,67856.927.30$165,594
Feb 2007021,73255.108.22$178,550
Jan 2007025,86750.306.73$174,003
Dec 20069728,94656.656.92$205,756
Nov 2006030,10754.207.62$229,339
Oct 2006033,32754.906.01$200,422
Sep 2006036,59660.085.04$184,341
Aug 2006042,95568.717.34$315,286
Jul 2006049,52369.376.34$314,113
Jun 2006057,13966.286.38$364,769
May 2006041,44366.016.42$266,271

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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                   68 Mcf  × $  3.32 =       $225

────────────────────────────────────────────────────
Month total                                     $225

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/222296 is the state's own key, not one this site invented.