RAINWATER

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

Gas lease lease 271212District 06Field 66461275CondensateGasSave
Value, all time
$18.7 M
Jul 2013 – May 2026
Value, last 12 filed months
$938 k
at the published price for each month
Months reported
155
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition15,850 bbl$1,111,161
GasProduction4,938,842 Mcf$17,546,142
Total$18,657,304

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 32.2651, -94.6542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26511, -94.65422 · 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
10,432 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 10,432 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-401351853H10,432 ftOct 2013

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 (155)

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

155 months

May 2026319,142106.413.05$58,623
Apr 2026618,02798.932.87$52,326
Mar 2026719,23589.753.15$61,208
Feb 202618817,65563.503.75$78,150
Jan 2026420,10359.138.00$161,019
Dec 2025320,46556.664.41$90,489
Nov 2025120,12558.593.93$79,078
Oct 20258020,95359.383.30$73,997
Sep 2025620,80262.743.08$64,383
Aug 202516721,77263.933.01$76,314
Jul 2025422,07266.743.32$73,440
Jun 2025721,98766.483.13$69,257
May 202518423,71160.553.23$87,783
Apr 20251523,21462.363.54$83,185
Mar 20251324,90867.704.27$107,195
Feb 2025724,55370.884.34$107,077
Jan 202518322,35974.324.28$109,268
Dec 202401168.993.12$34
Nov 2024818,37969.052.20$40,958
Oct 20242123,75871.372.28$55,700
Sep 2024123,29569.612.36$55,147
Aug 202419224,43175.632.06$64,938
Jul 20241526,23479.932.15$57,513
Jun 20241134,37378.082.63$91,397
May 20240078.812.20$0
Apr 20246514,92384.451.66$30,249
Mar 202419023,75880.301.55$51,966
Feb 2024522,68276.091.78$40,837
Jan 2024024,19673.023.30$79,790
Dec 2023324,58571.262.61$64,398
Nov 202318523,61377.892.81$80,705
Oct 2023025,18085.443.09$77,738
Sep 2023024,18389.042.74$66,141
Aug 2023025,27180.522.67$67,546
Jul 202317325,00174.852.64$78,997
Jun 2023924,86368.962.26$56,773
May 2023026,56470.622.23$59,169
Apr 2023026,29478.122.24$58,840
Mar 202317127,39972.852.39$78,028
Feb 2023024,79375.112.47$61,132
Jan 202320727,97776.533.39$110,620
Dec 20223528,29476.415.73$164,773
Nov 2022717,27185.005.65$98,111
Oct 20221627,81287.185.86$164,478
Sep 202218327,70484.888.16$241,700
Aug 2022028,04794.529.13$255,989
Jul 20221328,021101.587.54$212,657
Jun 202218127,080115.097.98$236,854
May 2022027,331109.378.43$230,483
Apr 2022021,363104.226.84$146,072
Mar 202218120,711108.885.08$124,845
Feb 2022018,92291.054.86$91,939
Jan 202216021,06381.844.54$108,672
Dec 2021021,56471.323.90$84,081
Nov 2021021,18377.435.24$110,932
Oct 202118421,84679.795.71$139,507
Sep 2021421,62069.865.35$115,966
Aug 20211022,74366.024.22$96,649
Jul 202118422,70570.783.98$103,437
Jun 2021022,08169.493.38$74,647
May 202118222,07663.483.02$78,171
Apr 2021018,48360.362.76$50,984
Mar 2021021,51861.302.72$58,463
Feb 202118320,91857.805.55$126,629
Jan 2021023,53850.412.81$66,148
Dec 2020023,71144.642.68$63,438
Nov 202018121,90838.772.71$66,313
Oct 2020022,88636.972.48$56,721
Sep 202017822,05937.091.99$50,522
Aug 20201723,40239.982.39$56,496
Jul 20201623,91838.371.83$44,267
Jun 202020524,50634.901.69$48,577
May 2020026,22316.921.81$47,588
Apr 202022925,00614.751.80$48,498
Mar 2020027,04630.341.86$50,204
Feb 202020326,70649.881.98$63,021
Jan 20203628,14757.252.09$61,022
Dec 201920117,92059.012.30$53,155
Nov 2019616,59955.302.75$45,991
Oct 2019418,77653.472.42$45,624
Sep 201918420,53255.052.66$64,688
Aug 2019420,64753.112.30$47,791
Jul 2019422,17756.272.46$54,782
Jun 201919221,04452.782.49$62,559
May 2019621,52458.482.74$59,334
Apr 2019120,40762.632.75$56,196
Mar 201918221,57156.803.06$76,390
Feb 2019118,91150.852.79$52,855
Jan 201918421,40146.033.23$77,556
Dec 2018022,35446.594.19$93,561
Nov 2018019,05152.934.24$80,724
Oct 201818519,32761.443.40$77,041
Sep 2018019,42759.543.11$60,379
Aug 2018021,05959.403.07$64,579
Jul 201817720,85865.142.93$72,683
Jun 2018023,77160.183.08$73,141
May 2018017,27865.382.90$50,120
Apr 201818719,76963.842.90$69,284
Mar 2018022,18161.222.79$61,815
Feb 201819019,80661.782.77$66,524
Jan 2018018,10162.874.01$72,573
Dec 201718225,58257.272.92$85,161
Nov 2017024,22055.423.12$75,527
Oct 201717825,69649.292.98$85,442
Sep 2017022,26347.523.09$68,732
Aug 2017026,09545.373.00$78,400
Jul 201717828,23243.873.09$94,969
Jun 2017027,38842.493.09$84,554
May 201717828,97945.373.26$102,646
Apr 2017028,12147.933.21$90,313
Mar 201718129,91446.772.98$97,719
Feb 2017027,63450.452.95$81,592
Jan 201717730,20149.413.42$111,997
Dec 201618231,32648.763.72$125,496
Nov 2016031,08242.492.64$82,192
Oct 201618233,18246.193.09$110,948
Sep 2016031,24641.553.10$96,882
Aug 201618733,18841.442.92$104,802
Jul 2016033,44241.622.92$97,796
Jun 201618034,38745.352.69$100,521
May 2016037,20742.521.99$74,081
Apr 201618640,75336.561.99$87,941
Mar 201618121,14433.011.79$43,907
Feb 2016032,95126.472.06$67,999
Jan 2016036,56527.352.36$86,453
Dec 201517437,33032.362.00$80,343
Nov 201518135,45238.792.17$83,857
Oct 201518837,21743.552.43$98,497
Sep 2015336,75442.992.76$101,512
Aug 201517939,31640.162.87$120,123
Jul 2015040,24448.152.95$118,522
Jun 201518439,09156.152.88$123,025
May 201518742,19855.212.96$135,038
Apr 201520139,39949.822.71$116,650
Mar 201518739,64942.892.93$124,379
Feb 2015041,03144.662.98$122,116
Jan 201516448,00743.433.10$155,974
Dec 201417957,66754.693.59$216,892
Nov 201417657,62870.464.25$257,426
Oct 201436261,13778.303.90$266,838
Sep 2014061,36986.164.05$248,265
Aug 201420065,65389.394.04$282,796
Jul 201417968,11496.564.18$301,974
Jun 201436667,75998.164.74$356,893
May 201417473,42194.734.73$363,512
Apr 201422574,25995.944.81$378,707
Mar 201417480,84695.895.06$425,507
Feb 201445176,91597.406.19$520,185
Jan 201436894,24490.404.86$491,361
Dec 201345799,96491.824.35$477,253
Nov 2013569104,11388.853.74$439,759
Oct 2013376111,58897.423.78$458,361
Sep 2013532124,948104.113.72$519,911
Aug 2013704146,833104.253.52$590,627
Jul 201310879,149102.523.72$305,328

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             3 bbl  × $106.41 =       $319
Gas               19,142 Mcf  × $  3.05 =    $58,303

────────────────────────────────────────────────────
Month total                                  $58,623

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/271212 is the state's own key, not one this site invented.