MARSHALL, T.E.

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the CEDAR SPRINGS (COT. VALLEY, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235252District 06Field 16613175CondensateGasSave
Value, all time
$14.7 M
Mar 2008 – Feb 2024
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
192
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition11,341 bbl$885,204
GasProduction2,631,577 Mcf$13,769,845
Total$14,655,049

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 32.8343, -94.8380. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.83426, -94.83799 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,225 ft
1 wells filed one
Completion to plug
15.9 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,225 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
Feb 2024
1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-45931390112,225 ftMar 2008Feb 2024Yes

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 (192)

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

192 months

Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023157071.262.61$11,188
Nov 20230077.892.81$0
Oct 202302,39385.443.09$7,388
Sep 202306,23989.042.74$17,064
Aug 202305,09780.522.67$13,624
Jul 202304,54374.852.64$12,002
Jun 202305,53768.962.26$12,505
May 20231567,71370.622.23$28,197
Apr 202304,76578.122.24$10,663
Mar 20231586,97672.852.39$28,205
Feb 202307,02975.112.47$17,331
Jan 202307,13576.533.39$24,171
Dec 202208,49876.415.73$48,686
Nov 202208,75885.005.65$49,449
Oct 20221606,83587.185.86$54,028
Sep 202209,44184.888.16$77,073
Aug 202209,15194.529.13$83,523
Jul 202211311,875101.587.54$101,041
Jun 20221047,346115.097.98$70,570
May 202209,924109.378.43$83,689
Apr 20225112,011104.226.84$87,442
Mar 20221163,483108.885.08$30,311
Feb 202205,35791.054.86$26,029
Jan 20221505,79281.844.54$38,558
Dec 202112410,57371.323.90$50,069
Nov 2021013,05477.435.24$68,362
Oct 2021011,68879.795.71$66,784
Sep 202104,80669.865.35$25,717
Aug 202101,69566.024.22$7,154
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202103,07963.483.02$9,291
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202179057.805.55$4,566
Jan 20210050.412.81$0
Dec 202004,32644.642.68$11,574
Nov 202006,05538.772.71$16,388
Oct 202002,01036.972.48$4,982
Sep 2020988,33437.091.99$20,228
Aug 202007,28339.982.39$17,371
Jul 202007,42538.371.83$13,552
Jun 202004,13534.901.69$6,989
May 202007,63316.921.81$13,852
Apr 202008,53514.751.80$15,400
Mar 202009,18130.341.86$17,042
Feb 202009,23149.881.98$18,284
Jan 20201177,26857.252.09$21,923
Dec 2019010,96559.012.30$25,267
Nov 201909,27455.302.75$25,510
Oct 2019012,57453.472.42$30,411
Sep 2019977,70655.052.66$25,817
Aug 2019012,79253.112.30$29,477
Jul 2019016,15956.272.46$39,752
Jun 20198510,76952.782.49$31,314
May 2019012,45158.482.74$34,120
Apr 20194812,02462.632.75$36,081
Mar 201908,03456.803.06$24,601
Feb 2019199,83650.852.79$28,430
Jan 201907,18946.033.23$23,207
Dec 201808,32846.594.19$34,856
Nov 2018011,31852.934.24$47,957
Oct 2018016,45661.443.40$55,919
Sep 201806,18759.543.11$19,229
Aug 20182116,13559.403.07$50,726
Jul 20183910,52165.142.93$33,387
Jun 2018010,57060.183.08$32,523
May 201809,45165.382.90$27,415
Apr 2018010,09463.842.90$29,281
Mar 201816113,38561.222.79$47,158
Feb 201802,67661.782.77$7,402
Jan 201806,64662.874.01$26,646
Dec 201707,08957.272.92$20,711
Nov 201706,86155.423.12$21,395
Oct 201785,11049.292.98$15,641
Sep 201706,61747.523.09$20,429
Aug 2017819,36345.373.00$31,805
Jul 201709,72443.873.09$30,021
Jun 201708,57942.493.09$26,486
May 20171397,44245.373.26$30,593
Apr 201709,69847.933.21$31,146
Mar 201705,37446.772.98$16,034
Feb 2017905,41050.452.95$20,514
Jan 201707,11649.413.42$24,328
Dec 201607,67448.763.72$28,569
Nov 20167511,24442.492.64$32,920
Oct 201608,49846.193.09$26,261
Sep 20168514,84041.553.10$49,545
Aug 20168914,30241.442.92$45,512
Jul 2016010,40641.622.92$30,431
Jun 2016012,63645.352.69$33,938
May 201619011,36142.521.99$30,699
Apr 201609,16236.561.99$18,242
Mar 201604,72933.011.79$8,484
Feb 2016010,06026.472.06$20,760
Jan 2016986,02727.352.36$16,930
Dec 2015928,73632.362.00$20,461
Nov 201506,58438.792.17$14,270
Oct 201507,42043.552.43$18,005
Sep 201510310,56842.992.76$33,579
Aug 2015010,91440.162.87$31,350
Jul 20151049,70048.152.95$33,575
Jun 201510112,69856.152.88$42,278
May 20151019,74155.212.96$34,365
Apr 201510412,40249.822.71$38,748
Mar 20154911,55942.892.93$36,024
Feb 201505,85244.662.98$17,417
Jan 201506,70843.433.10$20,799
Dec 20149712,17354.693.59$49,023
Nov 2014011,44370.464.25$48,654
Oct 201412413,88478.303.90$63,870
Sep 2014013,18786.164.05$53,347
Aug 20148712,55589.394.04$58,438
Jul 2014013,30596.564.18$55,610
Jun 20146010,63798.164.74$56,276
May 2014012,27994.734.73$58,037
Apr 2014499,44195.944.81$50,104
Mar 20144511,01095.895.06$59,990
Feb 201407,81697.406.19$48,397
Jan 201406,86290.404.86$33,354
Dec 2013324,88391.824.35$24,201
Nov 2013202,81888.853.74$12,311
Oct 2013728,90697.423.78$40,673
Sep 201307,991104.113.72$29,708
Aug 201319,513104.253.52$33,615
Jul 20136110,806102.523.72$46,428
Jun 20135713,38394.403.93$58,022
May 20135412,75994.834.15$58,059
Apr 2013110,88693.964.28$46,714
Mar 2013626,79693.623.91$32,396
Feb 2013111,09091.233.42$38,018
Jan 2013212,18291.603.42$41,845
Dec 20125211,64286.773.42$44,330
Nov 2012311,82486.953.62$43,122
Oct 20126110,60489.383.40$41,502
Sep 2012110,85194.672.92$31,762
Aug 20126011,68092.662.91$39,527
Jul 2012110,40085.133.02$31,501
Jun 2012213,02279.822.52$32,963
May 20126214,29491.612.49$41,248
Apr 20125916,273101.652.00$38,491
Mar 20127215,260105.052.22$41,473
Feb 2012315,732101.102.57$40,738
Jan 20127417,46598.092.73$55,009
Dec 20117218,75596.873.24$67,736
Nov 20116423,84395.723.31$85,077
Oct 201116017,58384.983.65$77,749
Sep 20117936,48183.623.99$152,012
Aug 20112920,40083.404.15$87,065
Jul 201116,50894.144.52$29,492
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011150105.964.33$1,589
Mar 2011945,01396.364.06$29,397
Feb 20112025,05685.644.18$106,446
Jan 2011424,64186.504.59$24,930
Dec 20108617,87985.734.35$85,106
Nov 20107014,55680.843.80$60,904
Oct 20109818,98778.103.51$74,277
Sep 20107720,06972.633.98$85,456
Aug 20105325,62473.684.42$117,147
Jul 2010539,28672.554.74$47,828
Jun 201013127,66570.364.91$145,063
May 20109616,51271.124.24$76,759
Apr 20107426,85081.694.12$116,739
Mar 20109218,71578.394.39$89,346
Feb 201018,31573.585.44$45,327
Jan 20104619,95274.365.96$122,416
Dec 20091616,91471.445.48$93,895
Nov 200915010,42774.593.75$50,305
Oct 20098321,24572.544.11$93,343
Sep 20097126,67265.543.06$86,396
Aug 200911032,84567.423.22$113,128
Jul 20099717,83661.133.46$67,722
Jun 20098032,71066.163.90$132,698
May 200918125,83854.743.93$111,341
Apr 200918933,72046.773.59$129,810
Mar 200915232,69942.144.06$139,131
Feb 200924438,12532.814.63$184,639
Jan 200918032,66135.865.37$181,877
Dec 200848036,05537.105.98$233,314
Nov 200819848,78355.496.86$345,656
Oct 200810762,79175.246.92$442,689
Sep 20081595,493101.767.88$59,449
Aug 200819457,803114.228.48$512,503
Jul 200823753,115131.0811.39$636,016
Jun 200825775,522131.3313.03$1,018,002
May 200864794,791123.1711.57$1,176,830
Apr 2008770117,969110.3110.45$1,318,288
Mar 2008449113,268101.909.66$1,140,383

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.

Dec 2023 — as filed, then multipliedworked
Condensate           157 bbl  × $ 71.26 =    $11,188
Gas                    0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                  $11,188

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/235252 is the state's own key, not one this site invented.