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 223980District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Sep 2006 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
237
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 Gas112007-10-18177595
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
CondensateDisposition3,192 bbl$235,447
GasProduction978,841 Mcf$5,258,772
Total$5,494,219

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 32.2909, -95.0962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29092, -95.09616 · 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
11,900 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 11,900 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-42332121411,900 ftSep 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 (237)

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

237 months

May 20260444106.413.05$1,352
Apr 2026048898.932.87$1,400
Mar 2026073989.753.15$2,327
Feb 2026022363.503.75$836
Jan 2026064459.138.00$5,151
Dec 2025083256.664.41$3,672
Nov 2025048858.593.93$1,916
Oct 2025053059.383.30$1,752
Sep 2025046762.743.08$1,437
Aug 2025053563.933.01$1,613
Jul 2025029466.743.32$975
Jun 2025029066.483.13$907
May 2025028660.553.23$924
Apr 2025034062.363.54$1,205
Mar 2025031167.704.27$1,327
Feb 2025036670.884.34$1,589
Jan 2025045674.324.28$1,951
Dec 2024060168.993.12$1,876
Nov 2024081869.052.20$1,798
Oct 2024079471.372.28$1,811
Sep 2024042669.612.36$1,007
Aug 2024070575.632.06$1,455
Jul 2024065379.932.15$1,402
Jun 2024036978.082.63$972
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024018680.301.55$287
Feb 2024019576.091.78$348
Jan 2024023073.023.30$758
Dec 2023026371.262.61$687
Nov 2023033577.892.81$941
Oct 2023045885.443.09$1,414
Sep 2023068289.042.74$1,865
Aug 2023076680.522.67$2,047
Jul 2023068174.852.64$1,799
Jun 2023059468.962.26$1,342
May 2023054070.622.23$1,203
Apr 2023054978.122.24$1,229
Mar 2023055972.852.39$1,338
Feb 2023051375.112.47$1,265
Jan 2023086976.533.39$2,944
Dec 2022096576.415.73$5,529
Nov 2022081085.005.65$4,573
Oct 2022093087.185.86$5,453
Sep 2022078384.888.16$6,392
Aug 202201,03394.529.13$9,428
Jul 20220917101.587.54$6,916
Jun 20220719115.097.98$5,736
May 20220826109.378.43$6,966
Apr 20220801104.226.84$5,477
Mar 202202,346108.885.08$11,909
Feb 202201,41791.054.86$6,885
Jan 202201,52481.844.54$6,915
Dec 202101,63871.323.90$6,387
Nov 202102,29177.435.24$11,998
Oct 202102,29079.795.71$13,085
Sep 202102,17269.865.35$11,622
Aug 202102,05066.024.22$8,652
Jul 202101,59170.783.98$6,335
Jun 202102,15369.493.38$7,278
May 202101,93963.483.02$5,851
Apr 202102,00660.362.76$5,533
Mar 202101,74261.302.72$4,733
Feb 202102,10657.805.55$11,684
Jan 202102,13350.412.81$5,994
Dec 202002,45144.642.68$6,558
Nov 202002,24638.772.71$6,079
Oct 202002,43336.972.48$6,030
Sep 202002,36037.091.99$4,699
Aug 202002,41139.982.39$5,750
Jul 202001,94338.371.83$3,546
Jun 202001,86234.901.69$3,147
May 202002,32016.921.81$4,210
Apr 2020171,97914.751.80$3,822
Mar 202001,93730.341.86$3,596
Feb 202001,97849.881.98$3,918
Jan 202001,81457.252.09$3,800
Dec 201901,64159.012.30$3,781
Nov 201901,78655.302.75$4,913
Oct 201902,14653.472.42$5,190
Sep 201901,99055.052.66$5,288
Aug 201901,99053.112.30$4,586
Jul 201901,91056.272.46$4,699
Jun 201902,15252.782.49$5,361
May 201902,34858.482.74$6,434
Apr 201901,79662.632.75$4,940
Mar 201902,47556.803.06$7,579
Feb 201902,60550.852.79$7,274
Jan 201902,23046.033.23$7,199
Dec 201802,40546.594.19$10,066
Nov 20180052.934.24$0
Oct 2018074261.443.40$2,521
Sep 201801,17959.543.11$3,664
Aug 20186897759.403.07$7,035
Jul 201801,38465.142.93$4,058
Jun 201801,77860.183.08$5,471
May 2018069065.382.90$2,002
Apr 201801,44163.842.90$4,180
Mar 201801,92461.222.79$5,362
Feb 201802,29361.782.77$6,343
Jan 201804562.874.01$180
Dec 2017070957.272.92$2,071
Nov 201702,35755.423.12$7,350
Oct 201702,34049.292.98$6,982
Sep 201702,27247.523.09$7,014
Aug 201702,50745.373.00$7,532
Jul 201702,48243.873.09$7,663
Jun 201702,67142.493.09$8,246
May 201702,37645.373.26$7,754
Apr 201704,19647.933.21$13,476
Mar 201702,68846.772.98$8,020
Feb 201702,51250.452.95$7,417
Jan 201703,01749.413.42$10,315
Dec 201603,06448.763.72$11,407
Nov 2016014542.492.64$383
Oct 201602,39846.193.09$7,410
Sep 201602,80541.553.10$8,697
Aug 201603,03641.442.92$8,878
Jul 201603,23041.622.92$9,446
Jun 201601,42745.352.69$3,833
May 201601,12642.521.99$2,242
Apr 201602,67236.561.99$5,320
Mar 201602,75133.011.79$4,935
Feb 201602,61926.472.06$5,405
Jan 201602,86227.352.36$6,767
Dec 201502,68132.362.00$5,366
Nov 201502,76638.792.17$5,995
Oct 201502,80043.552.43$6,794
Sep 201502,92842.992.76$8,077
Aug 201502,91740.162.87$8,379
Jul 201502,95248.152.95$8,694
Jun 201502,91156.152.88$8,392
May 201502,96355.212.96$8,757
Apr 201502,92649.822.71$7,919
Mar 201503,05442.892.93$8,963
Feb 201502,78644.662.98$8,292
Jan 201502,85143.433.10$8,840
Dec 201403,15654.693.59$11,334
Nov 201403,38170.464.25$14,375
Oct 201402,98478.303.90$11,640
Sep 201402,99686.164.05$12,120
Aug 201403,30389.394.04$13,328
Jul 201403,20996.564.18$13,412
Jun 201403,16798.164.74$15,002
May 201402,97094.734.73$14,038
Apr 201403,09495.944.81$14,879
Mar 201403,15095.895.06$15,929
Feb 201402,90997.406.19$18,013
Jan 201403,16590.404.86$15,384
Dec 201303,66891.824.35$15,972
Nov 201303,51088.853.74$13,121
Oct 201303,59097.423.78$13,568
Sep 2013573,400104.113.72$18,575
Aug 201303,500104.253.52$12,329
Jul 201303,513102.523.72$13,060
Jun 201303,36294.403.93$13,224
May 2013583,64794.834.15$20,632
Apr 201303,29293.964.28$14,098
Mar 201303,14493.623.91$12,302
Feb 201303,05491.233.42$10,444
Jan 2013593,46591.603.42$17,254
Dec 201203,46286.773.42$11,841
Nov 2012593,78186.953.62$18,836
Oct 201204,02789.383.40$13,691
Sep 201203,70294.672.92$10,804
Aug 201203,80692.662.91$11,068
Jul 201203,73885.133.02$11,292
Jun 2012583,52779.822.52$13,514
May 201204,04591.612.49$10,065
Apr 201203,730101.652.00$7,448
Mar 2012594,182105.052.22$15,491
Feb 201203,128101.102.57$8,040
Jan 201204,13098.092.73$11,292
Dec 2011564,20096.873.24$19,032
Nov 201104,39695.723.31$14,556
Oct 201104,04484.983.65$14,755
Sep 201104,53983.623.99$18,092
Aug 2011524,63883.404.15$23,581
Jul 201104,75494.144.52$21,475
Jun 201104,45292.904.64$20,657
May 201104,59798.134.40$20,249
Apr 2011594,621105.964.33$26,276
Mar 201104,86296.364.06$19,727
Feb 201104,40985.644.18$18,430
Jan 2011675,13286.504.59$29,345
Dec 201004,80185.734.35$20,874
Nov 2010674,46380.843.80$22,355
Oct 201005,13378.103.51$18,011
Sep 201005,38772.633.98$21,437
Aug 2010625,53073.684.42$29,007
Jul 201005,76572.554.74$27,306
Jun 201005,64870.364.91$27,734
May 2010655,85971.124.24$29,437
Apr 201005,70981.694.12$23,536
Mar 2010565,85178.394.39$30,068
Feb 201005,56473.585.44$30,281
Jan 2010605,89574.365.96$39,620
Dec 2009606,22771.445.48$38,434
Nov 200906,23474.593.75$23,387
Oct 2009586,69572.544.11$31,725
Sep 200906,57665.543.06$20,154
Aug 2009587,07667.423.22$26,684
Jul 200907,14361.133.46$24,747
Jun 2009556,83566.163.90$30,261
May 200907,37554.743.93$28,952
Apr 2009417,08146.773.59$27,321
Mar 2009347,64642.144.06$32,468
Feb 2009227,40132.814.63$35,011
Jan 2009437,20435.865.37$40,235
Dec 2008798,65137.105.98$54,639
Nov 2008877,79355.496.86$58,290
Oct 200808,53575.246.92$59,079
Sep 200808,462101.767.88$66,656
Aug 200808,891114.228.48$75,423
Jul 2008869,105131.0811.39$114,974
Jun 200809,066131.3313.03$118,154
May 2008909,757123.1711.57$124,016
Apr 200809,982110.3110.45$104,360
Mar 20088710,252101.909.66$107,941
Feb 2008010,36992.538.77$90,942
Jan 20088711,45190.388.21$101,827
Dec 20078811,80888.337.30$93,995
Nov 20079612,00191.677.29$96,308
Oct 20078812,94682.856.92$96,903
Sep 2007013,18575.846.24$82,329
Aug 20079214,30869.066.39$97,752
Jul 2007015,15270.906.39$96,790
Jun 20078515,59862.007.55$123,011
May 200710317,21458.747.85$141,116
Apr 200710417,72759.617.81$144,562
Mar 200710620,19756.927.30$153,511
Feb 200710819,65255.108.22$167,412
Jan 200711624,29550.306.73$169,264
Dec 200623328,65056.656.92$211,413
Nov 20065534,18954.207.62$263,415
Oct 20065251,51754.906.01$312,668
Sep 2006015,30060.085.04$77,069

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                  444 Mcf  × $  3.05 =     $1,352

────────────────────────────────────────────────────
Month total                                   $1,352

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/223980 is the state's own key, not one this site invented.