KATHERINE LUSCOMBE GAS UNIT

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 264463District 06Field 658605002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Apr 2011 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
182
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 Gas112013-05-10207136
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
CondensateDisposition9,637 bbl$712,063
GasProduction536,403 Mcf$1,935,796
Total$2,647,858

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 32.2598, -95.4006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25981, -95.40064 · 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
14,026 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 14,026 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-42332262414,026 ftJun 2016

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 (182)

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

182 months

May 202652860106.413.05$8,153
Apr 2026561,15198.932.87$8,843
Mar 20266698189.753.15$9,013
Feb 2026741,08963.503.75$8,783
Jan 2026821,37159.138.00$15,814
Dec 2025811,84056.664.41$12,710
Nov 20253149258.593.93$3,748
Oct 20251081,51059.383.30$11,403
Sep 2025671,59562.743.08$9,111
Aug 20252063.933.01$128
Jul 20253028366.743.32$2,940
Jun 2025711,48766.483.13$9,372
May 2025271,56860.553.23$6,703
Apr 202591762.363.54$621
Mar 2025792,21467.704.27$14,798
Feb 20251142,01970.884.34$16,844
Jan 20251281,36274.324.28$15,341
Dec 2024871,54368.993.12$10,818
Nov 20247069.052.20$483
Oct 2024721,05271.372.28$7,539
Sep 2024621,64269.612.36$8,198
Aug 2024681,22675.632.06$7,673
Jul 2024601,40079.932.15$7,801
Jun 2024603,33378.082.63$13,464
May 2024763,93778.812.20$14,645
Apr 2024393,40684.451.66$8,945
Mar 20241684680.301.55$2,592
Feb 20243488476.091.78$4,164
Jan 2024431,09873.023.30$6,761
Dec 20233850771.262.61$4,032
Nov 2023271,00677.892.81$4,927
Oct 2023682,03085.443.09$12,077
Sep 2023461,40889.042.74$7,947
Aug 2023391,23080.522.67$6,428
Jul 2023311,63974.852.64$6,650
Jun 2023381,47068.962.26$5,940
May 2023342,97070.622.23$9,016
Apr 2023421,91978.122.24$7,575
Mar 2023361,75772.852.39$6,827
Feb 2023351,76775.112.47$6,986
Jan 2023481,83276.533.39$9,880
Dec 2022492,27876.415.73$16,795
Nov 2022422,32785.005.65$16,709
Oct 2022422,29287.185.86$17,101
Sep 2022442,43084.888.16$23,572
Aug 2022522,84594.529.13$30,882
Jul 2022371,929101.587.54$18,307
Jun 2022361,762115.097.98$18,199
May 2022492,115109.378.43$23,195
Apr 202225909104.226.84$8,821
Mar 2022581,948108.885.08$16,204
Feb 2022492,27491.054.86$15,510
Jan 2022563,07681.844.54$18,541
Dec 2021422,42571.323.90$12,451
Nov 2021512,60977.435.24$17,612
Oct 2021422,01379.795.71$14,853
Sep 2021592,96469.865.35$19,982
Aug 2021432,27766.024.22$12,449
Jul 2021553,02270.783.98$15,927
Jun 2021552,99969.493.38$13,960
May 2021562,90363.483.02$12,315
Apr 2021512,39160.362.76$9,674
Mar 2021693,28761.302.72$13,160
Feb 2021462,08557.805.55$14,226
Jan 2021713,10850.412.81$12,313
Dec 2020582,71244.642.68$9,845
Nov 2020562,66938.772.71$9,395
Oct 2020472,46236.972.48$7,839
Sep 2020472,43737.091.99$6,595
Aug 2020512,58339.982.39$8,200
Jul 2020942,78838.371.83$8,695
Jun 2020411,69934.901.69$4,303
May 202002,19916.921.81$3,991
Apr 20201637,73114.751.80$16,354
Mar 2020281,46430.341.86$3,567
Feb 2020552,93449.881.98$8,555
Jan 20200057.252.09$0
Dec 201936859.012.30$334
Nov 2019301,01355.302.75$4,445
Oct 2019954,72853.472.42$16,515
Sep 2019462,38655.052.66$8,873
Aug 2019521,78653.112.30$6,877
Jul 20191084,18856.272.46$16,380
Jun 20195484052.782.49$4,943
May 2019564,44258.482.74$15,447
Apr 2019663,74862.632.75$14,443
Mar 20196194956.803.06$6,371
Feb 2019892,40950.852.79$11,252
Jan 2019494,11146.033.23$15,527
Dec 20181106,41846.594.19$31,987
Nov 201805,59352.934.24$23,699
Oct 201802,50161.443.40$8,499
Sep 2018018059.543.11$559
Aug 201804,09759.403.07$12,564
Jul 2018023065.142.93$674
Jun 201801,26960.183.08$3,905
May 201802,61065.382.90$7,571
Apr 2018139963.842.90$1,221
Mar 20181412961.222.79$1,217
Feb 20182336761.782.77$2,436
Jan 20181032,16262.874.01$15,144
Dec 2017844,79657.272.92$18,822
Nov 2017344,32855.423.12$15,381
Oct 2017512,37849.292.98$9,609
Sep 20174562347.523.09$4,062
Aug 20171081,26545.373.00$8,701
Jul 20171201,80443.873.09$10,834
Jun 2017882,59842.493.09$11,760
May 2017812,83245.373.26$12,917
Apr 20171283,00847.933.21$15,796
Mar 2017953,19746.772.98$13,982
Feb 20171303,07650.452.95$15,641
Jan 2017792,65949.413.42$12,994
Dec 2016722,81548.763.72$13,990
Nov 2016162,87542.492.64$8,282
Oct 2016796746.193.09$3,312
Sep 2016121641.553.10$711
Aug 201626341.442.92$267
Jul 2016130241.622.92$925
Jun 2016224545.352.69$749
May 2016226842.521.99$619
Apr 2016230836.561.99$686
Mar 2016223533.011.79$488
Feb 2016016326.472.06$336
Jan 201605127.352.36$121
Dec 2015111132.362.00$255
Nov 2015325138.792.17$660
Oct 2015118143.552.43$483
Sep 201519942.992.76$316
Aug 2015116340.162.87$508
Jul 2015332548.152.95$1,102
Jun 201514856.152.88$195
May 2015117955.212.96$584
Apr 201509949.822.71$268
Mar 201503242.892.93$94
Feb 201512744.662.98$125
Jan 201508243.433.10$254
Dec 2014012954.693.59$463
Nov 2014220670.464.25$1,017
Oct 2014020478.303.90$796
Sep 2014103,02586.164.05$13,099
Aug 201492,99289.394.04$12,878
Jul 2014123,64296.564.18$16,381
Jun 20141087598.164.74$5,126
May 2014453,41594.734.73$20,404
Apr 2014342,53395.944.81$15,443
Mar 2014413,59695.895.06$22,116
Feb 2014783,84997.406.19$31,430
Jan 2014664,78290.404.86$29,210
Dec 2013644,51691.824.35$25,541
Nov 2013953588.853.74$2,800
Oct 2013273,90497.423.78$17,385
Sep 2013262,834104.113.72$13,243
Aug 2013333,644104.253.52$16,277
Jul 2013264,819102.523.72$20,581
Jun 2013222,63194.403.93$12,426
May 2013305,41494.834.15$25,308
Apr 2013434,04393.964.28$21,355
Mar 2013383,05993.623.91$15,527
Feb 2013514,39491.233.42$19,680
Jan 2013484,96391.603.42$21,370
Dec 2012494,88886.773.42$20,969
Nov 2012614,69186.953.62$22,309
Oct 2012564,73289.383.40$21,093
Sep 2012534,29694.672.92$17,555
Aug 2012777,90792.662.91$30,130
Jul 2012152,80285.133.02$9,741
Jun 201227779.822.52$354
May 20125318391.612.49$5,311
Apr 20121328,709101.652.00$30,808
Mar 201217910,683105.052.22$42,542
Feb 201214811,212101.102.57$43,780
Jan 201220612,64598.092.73$54,779
Dec 201119012,46896.873.24$58,798
Nov 201124612,22995.723.31$64,041
Oct 201118914,27884.983.65$68,155
Sep 201120215,12783.623.99$77,184
Aug 201125518,15583.404.15$96,598
Jul 201124820,79494.144.52$117,278
Jun 201117816,19692.904.64$91,684
May 201122426,86698.134.40$140,321
Apr 2011254,482105.964.33$22,071

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            52 bbl  × $106.41 =     $5,533
Gas                  860 Mcf  × $  3.05 =     $2,619

────────────────────────────────────────────────────
Month total                                   $8,153

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/264463 is the state's own key, not one this site invented.