FOX

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

Gas lease lease 245738District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jan 2009 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
209
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112009-04-09190604
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
CondensateDisposition3,148 bbl$241,321
GasProduction233,246 Mcf$850,361
Total$1,091,681

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 32.6419, -94.2829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64191, -94.28289 · 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
12,100 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 12,100 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-20334545112,100 ftMay 2009

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 (209)

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

209 months

May 20260416106.413.05$1,267
Apr 20263356098.932.87$4,872
Mar 2026078489.753.15$2,469
Feb 2026016663.503.75$623
Jan 2026058559.138.00$4,679
Dec 2025033756.664.41$1,487
Nov 2025032658.593.93$1,280
Oct 2025070459.383.30$2,327
Sep 2025051862.743.08$1,594
Aug 2025042463.933.01$1,278
Jul 2025054666.743.32$1,810
Jun 20253069466.483.13$4,166
May 2025059260.553.23$1,914
Apr 2025163762.363.54$2,319
Mar 2025054167.704.27$2,309
Feb 2025056870.884.34$2,466
Jan 2025010774.324.28$458
Dec 2024046668.993.12$1,455
Nov 2024038569.052.20$846
Oct 2024151171.372.28$1,237
Sep 2024038669.612.36$913
Aug 2024010575.632.06$217
Jul 2024079679.932.15$1,709
Jun 2024061078.082.63$1,607
May 20240078.812.20$0
Apr 20242534384.451.66$2,680
Mar 2024058880.301.55$909
Feb 2024063376.091.78$1,129
Jan 2024086173.023.30$2,839
Dec 2023062871.262.61$1,640
Nov 2023061077.892.81$1,713
Oct 202301,06785.443.09$3,294
Sep 2023067989.042.74$1,857
Aug 20232055780.522.67$3,099
Jul 2023046374.852.64$1,223
Jun 2023084868.962.26$1,915
May 2023079070.622.23$1,760
Apr 2023063078.122.24$1,410
Mar 2023091572.852.39$2,190
Feb 2023059275.112.47$1,460
Jan 20232255476.533.39$3,560
Dec 2022088276.415.73$5,053
Nov 202201,01385.005.65$5,720
Oct 2022089387.185.86$5,236
Sep 2022068784.888.16$5,608
Aug 2022080594.529.13$7,347
Jul 20220836101.587.54$6,305
Jun 20220753115.097.98$6,007
May 20220394109.378.43$3,323
Apr 202238751104.226.84$9,095
Mar 202201,117108.885.08$5,670
Feb 2022072591.054.86$3,523
Jan 2022071981.844.54$3,263
Dec 2021095671.323.90$3,728
Nov 2021093077.435.24$4,870
Oct 2021084479.795.71$4,823
Sep 202101,06669.865.35$5,704
Aug 20214965166.024.22$5,983
Jul 2021077570.783.98$3,086
Jun 2021071269.493.38$2,407
May 2021087163.483.02$2,628
Apr 2021093860.362.76$2,587
Mar 2021097061.302.72$2,635
Feb 20214789657.805.55$7,688
Jan 202101,22350.412.81$3,437
Dec 2020096444.642.68$2,579
Nov 2020088038.772.71$2,382
Oct 202001,28136.972.48$3,175
Sep 2020066137.091.99$1,316
Aug 2020081739.982.39$1,949
Jul 2020075738.371.83$1,382
Jun 2020039334.901.69$664
May 202001,04316.921.81$1,893
Apr 20202776814.751.80$1,784
Mar 202001,02830.341.86$1,908
Feb 2020093949.881.98$1,860
Jan 202001,15457.252.09$2,417
Dec 20193595259.012.30$4,259
Nov 2019067455.302.75$1,854
Oct 201901,31753.472.42$3,185
Sep 201901,19255.052.66$3,167
Aug 201901,23853.112.30$2,853
Jul 201901,08756.272.46$2,674
Jun 201901,09752.782.49$2,733
May 2019094258.482.74$2,581
Apr 2019681,16062.632.75$7,450
Mar 201901,00356.803.06$3,071
Feb 201901,13650.852.79$3,172
Jan 201901,10646.033.23$3,570
Dec 201801,66246.594.19$6,956
Nov 201801,25252.934.24$5,305
Oct 201801,39461.443.40$4,737
Sep 201801,18559.543.11$3,683
Aug 201801,60359.403.07$4,916
Jul 20181191,25665.142.93$11,434
Jun 2018095260.183.08$2,929
May 2018083565.382.90$2,422
Apr 2018078663.842.90$2,280
Mar 201801,04161.222.79$2,901
Feb 20181290061.782.77$3,231
Jan 2018088262.874.01$3,536
Dec 201701,26457.272.92$3,693
Nov 201701,40355.423.12$4,375
Oct 201701,61149.292.98$4,807
Sep 201701,71347.523.09$5,289
Aug 201701,88545.373.00$5,663
Jul 201701,46643.873.09$4,526
Jun 2017121,25842.493.09$4,394
May 201701,11045.373.26$3,622
Apr 201701,51647.933.21$4,869
Mar 201701,26746.772.98$3,780
Feb 201701,22950.452.95$3,629
Jan 201701,49849.413.42$5,121
Dec 201601,39548.763.72$5,193
Nov 201601,03042.492.64$2,724
Oct 201601,42946.193.09$4,416
Sep 2016201,35541.553.10$5,032
Aug 201601,10241.442.92$3,223
Jul 2016063441.622.92$1,854
Jun 201601,09045.352.69$2,928
May 201601,04542.521.99$2,081
Apr 201601,36536.561.99$2,718
Mar 2016087633.011.79$1,572
Feb 2016063026.472.06$1,300
Jan 201611,01727.352.36$2,432
Dec 2015111,33532.362.00$3,028
Nov 2015175938.792.17$1,684
Oct 201511,09943.552.43$2,710
Sep 201511,29742.992.76$3,621
Aug 201501,29540.162.87$3,720
Jul 201511,92848.152.95$5,726
Jun 2015121,70756.152.88$5,595
May 201501,11655.212.96$3,298
Apr 2015228849.822.71$879
Mar 20151935842.892.93$1,866
Feb 2015128444.662.98$890
Jan 20152932643.433.10$2,270
Dec 2014135254.693.59$1,319
Nov 2014043070.464.25$1,828
Oct 2014141178.303.90$1,682
Sep 2014036586.164.05$1,477
Aug 2014236589.394.04$1,652
Jul 20144748596.564.18$6,565
Jun 2014442298.164.74$2,392
May 20141535994.734.73$3,118
Apr 2014051995.944.81$2,496
Mar 20148330495.895.06$9,496
Feb 2014239297.406.19$2,622
Jan 20142553990.404.86$4,880
Dec 2013127991.824.35$1,307
Nov 20131127088.853.74$1,987
Oct 20131218797.423.78$1,876
Sep 20130255104.113.72$948
Aug 201315338104.253.52$2,754
Jul 201317347102.523.72$3,033
Jun 20132240094.403.93$3,650
May 2013045794.834.15$1,896
Apr 2013027993.964.28$1,195
Mar 20132536293.623.91$3,757
Feb 20132537691.233.42$3,567
Jan 20132354891.603.42$3,981
Dec 2012040486.773.42$1,382
Nov 20125749786.953.62$6,758
Oct 20122854889.383.40$4,366
Sep 20122963094.672.92$4,584
Aug 2012074792.662.91$2,172
Jul 2012053885.133.02$1,625
Jun 20126661279.822.52$6,810
May 2012261,12991.612.49$5,191
Apr 201266743101.652.00$8,193
Mar 20120795105.052.22$1,767
Feb 201210864101.102.57$3,232
Jan 2012074898.092.73$2,045
Dec 201101,59396.873.24$5,161
Nov 201102,05595.723.31$6,805
Oct 201101,14084.983.65$4,159
Sep 201101,63583.623.99$6,517
Aug 201101,34983.404.15$5,597
Jul 201101,58594.144.52$7,160
Jun 201101,81092.904.64$8,398
May 201102,28198.134.40$10,047
Apr 201172,738105.964.33$12,606
Mar 2011202,39696.364.06$11,649
Feb 2011181,38685.644.18$7,335
Jan 20111462,22286.504.59$22,825
Dec 20102172,28285.734.35$28,525
Nov 20101662,56680.843.80$23,158
Oct 2010772,89078.103.51$16,154
Sep 20101672,96572.633.98$23,928
Aug 20101703,45873.684.42$27,808
Jul 20102883,78172.554.74$38,803
Jun 20101133,30670.364.91$24,184
May 2010283,32371.124.24$16,065
Apr 2010182,97381.694.12$13,727
Mar 2010253,31378.394.39$16,499
Feb 2010523,70973.585.44$24,012
Jan 2010323,08074.365.96$20,749
Dec 2009144,73071.445.48$26,938
Nov 2009515,23874.593.75$23,454
Oct 20091143,63872.544.11$23,223
Sep 20091196,63765.543.06$28,140
Aug 2009167,36767.423.22$24,789
Jul 2009096661.133.46$3,347
Jun 2009814066.163.90$1,075
May 2009030554.743.93$1,197
Apr 2009020346.773.59$728
Mar 2009111,07342.144.06$4,819
Feb 2009202,40732.814.63$11,808
Jan 200901,16435.865.37$6,252

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                  416 Mcf  × $  3.05 =     $1,267

────────────────────────────────────────────────────
Month total                                   $1,267

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/245738 is the state's own key, not one this site invented.