BARBO

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 257043District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
May 2010 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
193
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 Gas112010-09-21199647
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
CondensateDisposition1,644 bbl$123,346
GasProduction1,176,013 Mcf$4,100,057
Total$4,223,403

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 31.5394, -94.3781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53938, -94.37805 · 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
13,885 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 13,885 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-34733130113,885 ftJun 2011

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 (193)

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

193 months

May 202602,054106.413.05$6,256
Apr 202602,14998.932.87$6,167
Mar 202602,44989.753.15$7,713
Feb 202602,15063.503.75$8,063
Jan 202602,36359.138.00$18,899
Dec 202502,35956.664.41$10,411
Nov 202502,27958.593.93$8,948
Oct 202502,42459.383.30$8,011
Sep 202542,26062.743.08$7,205
Aug 202522,43863.933.01$7,478
Jul 202502,43666.743.32$8,076
Jun 202502,31266.483.13$7,234
May 202502,46860.553.23$7,977
Apr 202502,30262.363.54$8,156
Mar 202502,58267.704.27$11,021
Feb 2025122,38570.884.34$11,203
Jan 202502,77674.324.28$11,878
Dec 202483,07568.993.12$10,150
Nov 202402,80169.052.20$6,158
Oct 202402,99371.372.28$6,828
Sep 202402,79169.612.36$6,599
Aug 2024262,83475.632.06$7,815
Jul 202402,83479.932.15$6,083
Jun 202402,77778.082.63$7,315
May 202402,80778.812.20$6,171
Apr 202402,63584.451.66$4,372
Mar 202432,47580.301.55$4,065
Feb 202402,58476.091.78$4,609
Jan 202402,04173.023.30$6,731
Dec 202302,66271.262.61$6,950
Nov 202372,46377.892.81$7,460
Oct 202302,75985.443.09$8,518
Sep 202302,75489.042.74$7,532
Aug 202302,97580.522.67$7,952
Jul 202303,13474.852.64$8,279
Jun 202302,14268.962.26$4,838
May 202304,57370.622.23$10,186
Apr 202302,91478.122.24$6,521
Mar 202302,93972.852.39$7,034
Feb 202303,08775.112.47$7,612
Jan 202383,74876.533.39$13,309
Dec 202204,54676.415.73$26,044
Nov 202202,74685.005.65$15,504
Oct 202232,91687.185.86$17,360
Sep 202222,92884.888.16$24,073
Aug 202202,29794.529.13$20,965
Jul 202222,884101.587.54$21,955
Jun 202202,790115.097.98$22,256
May 202203,074109.378.43$25,923
Apr 202202,864104.226.84$19,583
Mar 202203,231108.885.08$16,402
Feb 202202,75391.054.86$13,376
Jan 202223,26881.844.54$14,993
Dec 202102,71671.323.90$10,590
Nov 202103,21977.435.24$16,857
Oct 202103,53379.795.71$20,187
Sep 202103,45569.865.35$18,487
Aug 202143,40766.024.22$14,644
Jul 2021573,25970.783.98$17,012
Jun 202103,10569.493.38$10,497
May 202103,53563.483.02$10,667
Apr 202103,43860.362.76$9,483
Mar 202103,80361.302.72$10,333
Feb 202103,16557.805.55$17,559
Jan 202103,77150.412.81$10,598
Dec 202003,67144.642.68$9,822
Nov 202003,53338.772.71$9,562
Oct 202003,35436.972.48$8,313
Sep 202003,11437.091.99$6,200
Aug 202013,17139.982.39$7,603
Jul 202003,02638.371.83$5,523
Jun 202003,19834.901.69$5,406
May 202002,39016.921.81$4,337
Apr 20201173,25814.751.80$7,604
Mar 202003,29230.341.86$6,111
Feb 202013,09349.881.98$6,176
Jan 202013,89457.252.09$8,214
Dec 201934,30559.012.30$10,097
Nov 201913,88855.302.75$10,750
Oct 201924,17153.472.42$10,195
Sep 201903,60355.052.66$9,574
Aug 201902,17053.112.30$5,000
Jul 201904,01156.272.46$9,867
Jun 201903,15752.782.49$7,865
May 201914,46058.482.74$12,280
Apr 201903,86362.632.75$10,626
Mar 201903,33856.803.06$10,221
Feb 201902,79850.852.79$7,813
Jan 201903,20246.033.23$10,337
Dec 201803,22546.594.19$13,498
Nov 201803,43252.934.24$14,542
Oct 201803,70861.443.40$12,600
Sep 201803,69259.543.11$11,475
Aug 201803,56459.403.07$10,929
Jul 2018863,69265.142.93$16,427
Jun 201803,42860.183.08$10,548
May 201803,63865.382.90$10,553
Apr 201803,36963.842.90$9,773
Mar 201803,62461.222.79$10,100
Feb 201803,45961.782.77$9,568
Jan 201803,56262.874.01$14,281
Dec 201704,03557.272.92$11,788
Nov 201703,92655.423.12$12,243
Oct 201704,22949.292.98$12,618
Sep 201704,42647.523.09$13,664
Aug 201704,58445.373.00$13,772
Jul 201704,05143.873.09$12,507
Jun 201704,40642.493.09$13,603
May 201704,05345.373.26$13,227
Apr 201704,09047.933.21$13,135
Mar 201704,51646.772.98$13,474
Feb 201704,24950.452.95$12,546
Jan 201704,72849.413.42$16,164
Dec 201604,96548.763.72$18,484
Nov 201623,96042.492.64$10,557
Oct 201605,21546.193.09$16,116
Sep 201604,89241.553.10$15,168
Aug 201604,95341.442.92$14,484
Jul 201605,31441.622.92$15,540
Jun 201604,84445.352.69$13,010
May 201655,26542.521.99$10,695
Apr 201665,19036.561.99$10,553
Mar 201635,41933.011.79$9,821
Feb 201695,19726.472.06$10,963
Jan 201665,74027.352.36$13,736
Dec 20151745,69332.362.00$17,025
Nov 201555,72138.792.17$12,593
Oct 2015116,05843.552.43$15,179
Sep 2015105,92742.992.76$16,779
Aug 201576,29340.162.87$18,358
Jul 201565,96148.152.95$17,845
Jun 201546,02456.152.88$17,591
May 201576,24555.212.96$18,843
Apr 201536,07149.822.71$16,581
Mar 201516,59842.892.93$19,406
Feb 201505,37744.662.98$16,003
Jan 201586,92243.433.10$21,810
Dec 201477,24654.693.59$26,406
Nov 2014136,98870.464.25$30,628
Oct 201467,14878.303.90$28,354
Sep 2014127,30186.164.05$30,570
Aug 201447,68789.394.04$31,376
Jul 201498,57196.564.18$36,692
Jun 201498,85598.164.74$42,829
May 2014119,17394.734.73$44,399
Apr 2014138,63195.944.81$42,755
Mar 2014149,39395.895.06$48,841
Feb 2014138,64597.406.19$54,796
Jan 2014209,71190.404.86$49,010
Dec 201309,73391.824.35$42,382
Nov 201369,86388.853.74$37,404
Oct 2013110,89597.423.78$41,274
Sep 2013011,296104.113.72$41,996
Aug 2013011,773104.253.52$41,472
Jul 2013011,716102.523.72$43,557
Jun 201319412,04094.403.93$65,672
May 2013113,20794.834.15$54,892
Apr 2013513,50593.964.28$58,306
Mar 2013015,13093.623.91$59,202
Feb 2013115,81691.233.42$54,181
Jan 2013020,24091.603.42$69,219
Dec 20121113,40986.773.42$46,815
Nov 2012610,70586.953.62$39,327
Oct 20125310,68289.383.40$41,053
Sep 2012511,07294.672.92$32,786
Aug 20121612,56092.662.91$38,009
Jul 20121513,52785.133.02$42,139
Jun 20123013,84279.822.52$37,263
May 2012015,59891.612.49$38,813
Apr 20123415,725101.652.00$34,856
Mar 201220217,904105.052.22$61,004
Feb 20122318,745101.102.57$50,504
Jan 20121523,94198.092.73$66,928
Dec 20112219,71696.873.24$66,006
Nov 2011823,02195.723.31$76,995
Oct 20114729,29684.983.65$110,882
Sep 20111210,21383.623.99$41,710
Aug 20111711,70783.404.15$49,994
Jul 20114227,01294.144.52$125,974
Jun 2011512,90492.904.64$18,212
May 2011214,72098.134.40$65,035
Apr 2011520,027105.964.33$87,312
Mar 20111712,30296.364.06$51,552
Feb 201114,16185.644.18$17,479
Jan 201124,46286.504.59$20,648
Dec 201008,17085.734.35$35,521
Nov 201009,11880.843.80$34,606
Oct 2010013,07078.103.51$45,861
Sep 2010318,16072.633.98$72,485
Aug 20104317,97873.684.42$82,619
Jul 20100072.554.74$0
Jun 201011,61370.364.91$7,991
May 2010291471.124.24$4,013

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                2,054 Mcf  × $  3.05 =     $6,256

────────────────────────────────────────────────────
Month total                                   $6,256

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/257043 is the state's own key, not one this site invented.