CORGEY

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 254153District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Jul 2009 – May 2026
Value, last 12 filed months
$406 k
at the published price for each month
Months reported
203
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 Gas112010-02-08196956
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
CondensateDisposition6,240 bbl$489,476
GasProduction3,817,618 Mcf$13,151,218
Total$13,640,694

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 31.5612, -94.3741. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56120, -94.37406 · 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
13,605 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 13,605 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-347330391R13,605 ftMay 2010

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 (203)

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

203 months

May 202608,645106.413.05$26,331
Apr 202607,87898.932.87$22,608
Mar 20261658,21889.753.15$40,691
Feb 202617,39563.503.75$27,797
Jan 202607,96559.138.00$63,703
Dec 202509,06656.664.41$40,012
Nov 202509,16558.593.93$35,986
Oct 202529,58759.383.30$31,802
Sep 202518,93362.743.08$27,549
Aug 202509,46763.933.01$28,541
Jul 202509,59166.743.32$31,796
Jun 202509,22466.483.13$28,859
May 202509,64260.553.23$31,166
Apr 202509,36262.363.54$33,171
Mar 202509,58767.704.27$40,920
Feb 202548,25070.884.34$36,095
Jan 202509,35974.324.28$40,044
Dec 2024510,17868.993.12$32,114
Nov 202409,02569.052.20$19,841
Oct 2024010,71571.372.28$24,445
Sep 2024010,64369.612.36$25,164
Aug 202414611,80875.632.06$35,409
Jul 2024012,23579.932.15$26,264
Jun 2024011,58578.082.63$30,515
May 2024013,03278.812.20$28,650
Apr 2024012,72584.451.66$21,113
Mar 2024412,57880.301.55$19,756
Feb 2024010,98176.091.78$19,586
Jan 2024012,95473.023.30$42,718
Dec 202309,83571.262.61$25,676
Nov 202379,42477.892.81$27,004
Oct 202309,72885.443.09$30,033
Sep 202309,29789.042.74$25,428
Aug 202318010,36880.522.67$42,206
Jul 2023010,41274.852.64$27,506
Jun 2023010,50968.962.26$23,734
May 2023010,91770.622.23$24,317
Apr 2023010,44378.122.24$23,369
Mar 2023010,66172.852.39$25,513
Feb 202309,85575.112.47$24,299
Jan 202358,61976.533.39$29,581
Dec 2022010,16976.415.73$58,259
Nov 2022010,32285.005.65$58,280
Oct 2022210,77087.185.86$63,327
Sep 2022210,95984.888.16$89,636
Aug 202208,38894.529.13$76,559
Jul 2022210,899101.587.54$82,404
Jun 2022010,680115.097.98$85,197
May 2022010,964109.378.43$92,460
Apr 2022010,698104.226.84$73,149
Mar 202217311,306108.885.08$76,230
Feb 2022010,25891.054.86$49,842
Jan 2022111,49881.844.54$52,256
Dec 2021011,90171.323.90$46,403
Nov 2021011,29477.435.24$59,145
Oct 2021011,92879.795.71$68,155
Sep 2021011,71069.865.35$62,659
Aug 2021511,93566.024.22$50,703
Jul 2021112,20470.783.98$48,668
Jun 2021012,00569.493.38$40,584
May 2021012,63663.483.02$38,131
Apr 2021011,96660.362.76$33,007
Mar 202115813,05161.302.72$45,144
Feb 202109,93957.805.55$55,141
Jan 2021012,14350.412.81$34,125
Dec 2020012,16344.642.68$32,542
Nov 2020012,26838.772.71$33,204
Oct 2020012,75736.972.48$31,617
Sep 2020011,66937.091.99$23,233
Aug 2020112,68039.982.39$30,283
Jul 2020014,81838.371.83$27,045
Jun 2020016,32434.901.69$27,593
May 2020012,31616.921.81$22,350
Apr 202019816,41414.751.80$32,538
Mar 2020019,14930.341.86$35,545
Feb 2020114,98749.881.98$29,734
Jan 2020115,19757.252.09$31,891
Dec 2019312,79159.012.30$29,652
Nov 2019114,78155.302.75$40,713
Oct 2019216,17253.472.42$39,220
Sep 20191317,18555.052.66$46,381
Aug 201904,14053.112.30$9,540
Jul 2019015,97556.272.46$39,299
Jun 2019013,98952.782.49$34,849
May 201917816,40958.482.74$55,375
Apr 2019015,27962.632.75$42,028
Mar 2019015,38256.803.06$47,101
Feb 2019012,81150.852.79$35,771
Jan 2019014,24646.033.23$45,989
Dec 2018014,49846.594.19$60,681
Nov 2018014,22552.934.24$60,275
Oct 2018014,54661.443.40$49,428
Sep 2018014,23459.543.11$44,239
Aug 2018014,93159.403.07$45,787
Jul 2018014,58065.142.93$42,747
Jun 201816014,10660.183.08$53,032
May 2018014,53765.382.90$42,169
Apr 2018014,36263.842.90$41,661
Mar 2018014,76661.222.79$41,150
Feb 2018013,91161.782.77$38,480
Jan 2018014,52662.874.01$58,239
Dec 2017015,30957.272.92$44,726
Nov 201718115,76255.423.12$59,183
Oct 2017016,44149.292.98$49,055
Sep 2017016,52047.523.09$51,002
Aug 2017017,14545.373.00$51,510
Jul 2017017,29643.873.09$53,398
Jun 2017016,87242.493.09$52,089
May 2017016,27845.373.26$53,122
Apr 2017015,71947.933.21$50,483
Mar 201716916,85146.772.98$58,182
Feb 2017015,67450.452.95$46,279
Jan 2017017,47449.413.42$59,740
Dec 2016017,90348.763.72$66,650
Nov 2016117,49342.492.64$46,300
Oct 2016018,65146.193.09$57,636
Sep 2016018,17041.553.10$56,338
Aug 2016019,33341.442.92$56,536
Jul 201617419,39141.622.92$63,948
Jun 2016018,97245.352.69$50,956
May 2016419,64742.521.99$39,288
Apr 2016619,17436.561.99$38,396
Mar 2016720,02233.011.79$36,151
Feb 2016919,03726.472.06$39,524
Jan 2016620,31327.352.36$48,191
Dec 201518319,91432.362.00$45,778
Nov 2015419,97738.792.17$43,452
Oct 2015621,27443.552.43$51,884
Sep 2015820,13542.992.76$55,885
Aug 2015322,09840.162.87$63,597
Jul 2015522,34448.152.95$66,046
Jun 201518521,74256.152.88$73,067
May 2015622,54055.212.96$66,947
Apr 2015422,16549.822.71$60,190
Mar 2015024,01142.892.93$70,465
Feb 2015321,50844.662.98$64,146
Jan 2015724,14843.433.10$75,178
Dec 201416523,96754.693.59$95,098
Nov 2014923,93970.464.25$102,419
Oct 2014325,52278.303.90$99,795
Sep 20141024,73986.164.05$100,942
Aug 2014326,11289.394.04$105,633
Jul 201418326,80896.564.18$129,717
Jun 2014826,30998.164.74$125,408
May 20141127,56194.734.73$131,311
Apr 2014926,37895.944.81$127,718
Mar 20141828,39195.895.06$145,294
Feb 201419226,13097.406.19$180,498
Jan 20141629,47190.404.86$144,697
Dec 201318329,79991.824.35$146,562
Nov 2013829,35188.853.74$110,433
Oct 2013332,26997.423.78$122,248
Sep 2013032,721104.113.72$121,648
Aug 2013034,213104.253.52$120,519
Jul 2013032,502102.523.72$120,834
Jun 201318435,57794.403.93$157,309
May 2013036,67294.834.15$152,155
Apr 201317937,93493.964.28$179,275
Mar 2013040,25593.623.91$157,513
Feb 201318241,13391.233.42$157,275
Jan 2013048,01291.603.42$164,197
Dec 201217640,56186.773.42$153,997
Nov 2012440,99586.953.62$148,953
Oct 201217639,58789.383.40$150,314
Sep 2012340,34694.672.92$118,030
Aug 201218043,66592.662.91$143,664
Jul 20121145,25885.133.02$137,652
Jun 201218144,37179.822.52$126,220
May 201216246,66791.612.49$130,963
Apr 20121246,747101.652.00$94,564
Mar 201219549,061105.052.22$129,502
Feb 201218849,825101.102.57$147,069
Jan 201219358,08998.092.73$177,751
Dec 20111151,56496.873.24$168,120
Nov 201118949,72095.723.31$182,728
Oct 201119352,87384.983.65$209,310
Sep 2011349,20583.623.99$196,372
Aug 201119153,42983.404.15$237,623
Jul 201118852,55394.144.52$255,093
Jun 201113753,70292.904.64$261,898
May 2011862,37998.134.40$275,553
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010151881.694.12$2,217
Mar 2010314,01378.394.39$61,734
Feb 2010916,75573.585.44$91,849
Jan 2010622,50074.365.96$134,638
Dec 2009627,00771.445.48$148,528
Nov 20091930,57974.593.75$116,134
Oct 2009741,57672.544.11$171,396
Sep 20092411,74065.543.06$37,553
Aug 2009245,98367.423.22$148,131
Jul 2009310,67461.133.46$37,163

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                8,645 Mcf  × $  3.05 =    $26,331

────────────────────────────────────────────────────
Month total                                  $26,331

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/254153 is the state's own key, not one this site invented.