BRACKEN GRANDCHILDREN TRUST

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the NOONDAY (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 244392District 06Field 658605002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jun 2008 – May 2026
Value, last 12 filed months
$103 k
at the published price for each month
Months reported
216
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1990-03-26
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-04-08.

The Commission's schedule remark for this field reads: PER DOCKET OG-25-00029568 EFECTIVE 2-24-2026 THE CORRELATIVE

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 Gas112009-10-15195178
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
CondensateDisposition17,095 bbl$1,236,245
GasProduction911,325 Mcf$4,008,676
Total$5,244,921

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 32.2385, -95.4119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23850, -95.41190 · 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
13,770 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 13,770 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-42332224313,770 ftJun 2008

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 (216)

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

216 months

May 2026621,507106.413.05$11,188
Apr 20263938198.932.87$4,952
Mar 2026711,82789.753.15$12,126
Feb 20262211663.503.75$1,832
Jan 20266093759.138.00$11,042
Dec 2025811,41256.664.41$10,821
Nov 2025531,16458.593.93$7,676
Oct 20251001,44459.383.30$10,710
Sep 2025691,40162.743.08$8,640
Aug 2025411,51163.933.01$7,176
Jul 2025531,31766.743.32$7,903
Jun 2025661,45466.483.13$8,937
May 2025401,20560.553.23$6,317
Apr 2025331,29862.363.54$6,657
Mar 2025411,06667.704.27$7,326
Feb 2025741,16470.884.34$10,298
Jan 20251141,21874.324.28$13,684
Dec 2024891,39968.993.12$10,507
Nov 2024451,32869.052.20$6,027
Oct 20241001,49971.372.28$10,557
Sep 2024591,52069.612.36$7,701
Aug 2024811,40475.632.06$9,023
Jul 2024631,88479.932.15$9,080
Jun 2024271,50678.082.63$6,075
May 2024311,36678.812.20$5,446
Apr 2024171,36084.451.66$3,692
Mar 2024301,89280.301.55$5,332
Feb 2024461,16376.091.78$5,575
Jan 2024601,54573.023.30$9,476
Dec 20236079371.262.61$6,346
Nov 2023471,72877.892.81$8,512
Oct 2023611,82785.443.09$10,852
Sep 2023491,42489.042.74$8,258
Aug 2023501,65580.522.67$8,450
Jul 2023281,56074.852.64$6,217
Jun 2023271,11768.962.26$4,385
May 2023151,19870.622.23$3,728
Apr 2023331,54878.122.24$6,042
Mar 2023311,47072.852.39$5,776
Feb 2023291,46375.112.47$5,785
Jan 2023491,85576.533.39$10,034
Dec 2022361,67776.415.73$12,358
Nov 2022381,85885.005.65$13,721
Oct 2022492,90687.185.86$21,312
Sep 2022372,01784.888.16$19,607
Aug 2022402,13094.529.13$23,222
Jul 2022432,244101.587.54$21,292
Jun 2022301,470115.097.98$15,179
May 2022491,900109.378.43$21,382
Apr 2022532,025104.226.84$19,370
Mar 2022551,940108.885.08$15,837
Feb 2022442,03991.054.86$13,913
Jan 2022442,49281.844.54$14,909
Dec 2021372,17071.323.90$11,100
Nov 2021221,14277.435.24$7,684
Oct 2021231,12079.795.71$8,235
Sep 2021371,10469.865.35$8,492
Aug 2021481,81266.024.22$10,817
Jul 2021201,18070.783.98$6,114
Jun 2021241,18369.493.38$5,667
May 2021452,37663.483.02$10,027
Apr 2021291,36760.362.76$5,521
Mar 2021311,45661.302.72$5,856
Feb 2021411,91257.805.55$12,977
Jan 2021301,32150.412.81$5,225
Dec 2020291,37444.642.68$4,971
Nov 2020281,32238.772.71$4,664
Oct 2020261,33336.972.48$4,265
Sep 2020432,27937.091.99$6,132
Aug 2020261,21339.982.39$3,933
Jul 2020892,26838.371.83$7,554
Jun 2020232,20934.901.69$4,537
May 202001,29816.921.81$2,356
Apr 2020522,35414.751.80$5,015
Mar 2020261,58130.341.86$3,724
Feb 2020251,18749.881.98$3,598
Jan 2020411,98757.252.09$6,510
Dec 2019542,26759.012.30$8,411
Nov 2019472,40755.302.75$9,220
Oct 2019482,06053.472.42$7,549
Sep 2019432,00955.052.66$7,706
Aug 2019432,25753.112.30$7,485
Jul 2019341,23056.272.46$4,939
Jun 2019471,80552.782.49$6,977
May 2019211,91158.482.74$6,465
Apr 2019351,26262.632.75$5,663
Mar 2019251,02256.803.06$4,549
Feb 20192870450.852.79$3,390
Jan 2019161,34946.033.23$5,091
Dec 20182581,74346.594.19$19,315
Nov 20181201,60352.934.24$13,144
Oct 20182752,67861.443.40$25,996
Sep 20187682,66359.543.11$54,003
Aug 20181403,58559.403.07$19,310
Jul 20181281,19365.142.93$11,836
Jun 20184162,91260.183.08$33,995
May 20182952,78865.382.90$27,375
Apr 20182693,36863.842.90$26,943
Mar 20184355,72361.222.79$42,580
Feb 20182845,65561.782.77$33,188
Jan 20181026,72062.874.01$33,355
Dec 2017193,01857.272.92$9,905
Nov 201773,48955.423.12$11,268
Oct 2017254,57849.292.98$14,892
Sep 2017143,73347.523.09$12,190
Aug 2017253,59845.373.00$11,944
Jul 2017163,55643.873.09$11,680
Jun 2017113,06542.493.09$9,930
May 2017103,34745.373.26$11,376
Apr 2017163,19447.933.21$11,025
Mar 2017103,56146.772.98$11,093
Feb 2017172,86250.452.95$9,308
Jan 201793,02549.413.42$10,787
Dec 201652,40648.763.72$9,201
Nov 201602,98942.492.64$7,904
Oct 201603,46146.193.09$10,695
Sep 201603,80741.553.10$11,804
Aug 201603,77641.442.92$11,042
Jul 201603,73541.622.92$10,922
Jun 201603,68745.352.69$9,903
May 201603,00442.521.99$5,981
Apr 201603,39336.561.99$6,756
Mar 201602,32933.011.79$4,178
Feb 201602,51026.472.06$5,180
Jan 201602,51727.352.36$5,951
Dec 201501,85632.362.00$3,715
Nov 201501,12338.792.17$2,434
Oct 201501,40043.552.43$3,397
Sep 201501,38042.992.76$3,807
Aug 201501,60940.162.87$4,622
Jul 201501,52248.152.95$4,482
Jun 201501,42856.152.88$4,117
May 201502,76055.212.96$8,157
Apr 201502,86949.822.71$7,765
Mar 201506,02942.892.93$17,693
Feb 201503,40444.662.98$10,131
Jan 2015174,06943.433.10$13,355
Dec 20143135,98854.693.59$38,623
Nov 20142103,62670.464.25$30,214
Oct 20141264,69078.303.90$28,161
Sep 20143037,42886.164.05$56,156
Aug 20142847,08089.394.04$53,955
Jul 20142925,89696.564.18$52,838
Jun 20142145,19998.164.74$45,633
May 20142655,46694.734.73$50,939
Apr 20142465,06695.944.81$47,964
Mar 20142155,15395.895.06$46,674
Feb 20142954,06397.406.19$53,891
Jan 20142064,14490.404.86$38,765
Dec 20131542,31591.824.35$24,221
Nov 2013618,16588.853.74$35,943
Oct 2013404,41197.423.78$20,568
Sep 2013638,184104.113.72$36,985
Aug 2013262,760104.253.52$12,433
Jul 2013253,422102.523.72$15,285
Jun 2013313,39694.403.93$16,284
May 2013394,55994.834.15$22,614
Apr 2013583,26593.964.28$19,432
Mar 2013512,61493.623.91$15,003
Feb 2013623,33291.233.42$17,051
Jan 2013673,89491.603.42$19,454
Dec 2012734,83486.773.42$22,867
Nov 2012705,57086.953.62$26,278
Oct 2012635,53589.383.40$24,448
Sep 2012464,88894.672.92$18,620
Aug 2012504,01392.662.91$16,303
Jul 2012383,90585.133.02$15,031
Jun 2012533,97279.822.52$14,236
May 2012414,24291.612.49$14,311
Apr 2012583,993101.652.00$13,869
Mar 2012694,363105.052.22$16,943
Feb 2012564,223101.102.57$16,516
Jan 2012785,14798.092.73$21,723
Dec 2011644,17096.873.24$19,709
Nov 2011833,87595.723.31$20,776
Oct 2011593,48384.983.65$17,722
Sep 2011764,38983.623.99$23,849
Aug 2011925,45583.404.15$30,307
Jul 2011865,05894.144.52$30,944
Jun 2011695,42792.904.64$31,591
May 2011904,23298.134.40$27,473
Apr 20111224,486105.964.33$32,366
Mar 20111364,62496.364.06$31,866
Feb 20111123,77785.644.18$25,379
Jan 2011784,07286.504.59$25,433
Dec 2010114,86485.734.35$22,090
Nov 201054,43980.843.80$17,252
Oct 201095,91578.103.51$21,458
Sep 2010107,23072.633.98$29,498
Aug 201087,39973.684.42$33,288
Jul 201075,35072.554.74$25,848
Jun 201096,25170.364.91$31,328
May 201087,11571.124.24$30,703
Apr 2010156,32181.694.12$27,285
Mar 2010215,88278.394.39$27,460
Feb 2010388,26273.585.44$47,761
Jan 2010237,21474.365.96$44,735
Dec 20097910,80471.445.48$64,890
Nov 200915514,44174.593.75$65,737
Oct 200926213,16172.544.11$73,100
Sep 200931213,47165.543.06$61,734
Aug 200925614,00567.423.22$62,335
Jul 200934115,35361.133.46$74,036
Jun 200929413,82466.163.90$73,296
May 200925418,57954.743.93$86,840
Apr 200928517,85346.773.59$77,377
Mar 200926019,04442.144.06$88,256
Feb 200922618,33732.814.63$92,370
Jan 200918721,42535.865.37$121,780
Dec 200816922,34037.105.98$139,799
Nov 200821022,66155.496.86$167,116
Oct 200820019,35575.246.92$149,023
Sep 200827233,400101.767.88$290,774
Aug 200817014,486114.228.48$142,302
Jul 200800131.0811.39$0
Jun 2008022,520131.3313.03$293,495

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            62 bbl  × $106.41 =     $6,597
Gas                1,507 Mcf  × $  3.05 =     $4,590

────────────────────────────────────────────────────
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/244392 is the state's own key, not one this site invented.