CHILES

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

Gas lease lease 271985District 06Field 67849150CondensateGasSave
Value, all time
$16.0 M
Nov 2013 – May 2026
Value, last 12 filed months
$513 k
at the published price for each month
Months reported
151
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
CondensateDisposition52,209 bbl$3,531,638
GasProduction3,479,912 Mcf$12,516,215
Total$16,047,853

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 32.1071, -95.1454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10715, -95.14543 · 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
12,207 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 12,207 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-073315025H12,207 ftMay 2014

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 (151)

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

151 months

May 2026899,442106.413.05$38,229
Apr 20261147,82498.932.87$33,731
Mar 20269110,58489.753.15$41,501
Feb 20261034,84763.503.75$24,718
Jan 2026827,66659.138.00$66,161
Dec 20251319,55356.664.41$49,583
Nov 202513910,00658.593.93$47,432
Oct 202514711,47759.383.30$46,659
Sep 202510412,32762.743.08$44,454
Aug 202511210,28963.933.01$38,179
Jul 2025919,51966.743.32$37,631
Jun 202513411,33266.483.13$44,363
May 202515611,40160.553.23$46,297
Apr 20259210,39662.363.54$42,571
Mar 202515510,94567.704.27$57,210
Feb 20251169,50270.884.34$49,469
Jan 202511310,00774.324.28$51,215
Dec 20248410,47468.993.12$38,488
Nov 20241127,90169.052.20$25,103
Oct 202410810,34771.372.28$31,314
Sep 2024968,78569.612.36$27,453
Aug 2024738,27675.632.06$22,600
Jul 202411010,77179.932.15$31,913
Jun 202411410,70078.082.63$37,085
May 20241238,87978.812.20$29,214
Apr 20241008,32284.451.66$22,253
Mar 20241249,57080.301.55$24,744
Feb 20241218,17876.091.78$23,794
Jan 202411910,06173.023.30$41,867
Dec 2023989,62771.262.61$32,117
Nov 20239110,92277.892.81$37,752
Oct 20231127,98985.443.09$34,234
Sep 2023888,78689.042.74$31,866
Aug 202312710,14480.522.67$37,340
Jul 20239812,45374.852.64$40,234
Jun 20237310,85768.962.26$29,554
May 202313511,93470.622.23$36,115
Apr 2023631,61278.122.24$8,529
Mar 20231508,48272.852.39$31,226
Feb 20239910,27275.112.47$32,763
Jan 20231038,21976.533.39$35,726
Dec 20221449,74476.415.73$66,827
Nov 20221169,64185.005.65$64,295
Oct 202211510,68787.185.86$72,692
Sep 202211010,31584.888.16$93,545
Aug 202213210,40694.529.13$107,454
Jul 202210510,291101.587.54$88,281
Jun 2022789,815115.097.98$87,273
May 202212410,038109.378.43$98,213
Apr 202214210,715104.226.84$88,064
Mar 202212311,328108.885.08$70,898
Feb 20221249,68091.054.86$58,324
Jan 202220711,58081.844.54$69,487
Dec 20218711,81571.323.90$52,273
Nov 20211299,86577.435.24$61,650
Oct 202116310,74979.795.71$74,424
Sep 202111811,21269.865.35$68,238
Aug 202112711,07266.024.22$55,115
Jul 202110411,37870.783.98$52,669
Jun 20217111,12269.493.38$42,533
May 202111711,12063.483.02$40,984
Apr 202117011,38060.362.76$41,652
Mar 202124312,45361.302.72$48,730
Feb 20211128,90657.805.55$55,884
Jan 202120312,23550.412.81$44,617
Dec 202010912,32244.642.68$37,833
Nov 202015613,12938.772.71$41,583
Oct 202015213,47536.972.48$39,016
Sep 202016014,50437.091.99$34,812
Aug 202015814,58639.982.39$41,106
Jul 202017014,83238.371.83$33,593
Jun 202017316,17234.901.69$33,373
May 20207914,56416.921.81$27,767
Apr 202015812,92714.751.80$25,656
Mar 20207413,85830.341.86$27,969
Feb 202010112,46249.881.98$29,721
Jan 202014512,98857.252.09$35,508
Dec 201923416,17459.012.30$51,079
Nov 201917215,59455.302.75$52,406
Oct 201923316,48153.472.42$52,318
Sep 201914115,53055.052.66$49,030
Aug 201923716,48153.112.30$50,565
Jul 201926316,72256.272.46$55,936
Jun 201913216,12752.782.49$47,143
May 201934817,08958.482.74$67,180
Apr 201928518,01762.632.75$67,409
Mar 201914418,82856.803.06$65,832
Feb 201929117,57250.852.79$63,862
Jan 201929619,93846.033.23$77,988
Dec 201835920,10246.594.19$100,862
Nov 201827118,03052.934.24$90,741
Oct 201833319,27961.443.40$85,971
Sep 201826719,07259.543.11$75,173
Aug 201826820,44459.403.07$78,612
Jul 201840620,64465.142.93$86,973
Jun 201817320,30860.183.08$72,897
May 201829820,57165.382.90$79,156
Apr 20188319,44763.842.90$61,711
Mar 201828121,30561.222.79$76,576
Feb 201835218,45661.782.77$72,798
Jan 201828821,60462.874.01$104,724
Dec 201732521,35457.272.92$80,999
Nov 201721620,36855.423.12$75,485
Oct 201728821,14549.292.98$77,285
Sep 201727921,57947.523.09$79,879
Aug 201740922,76345.373.00$86,945
Jul 201722622,85143.873.09$80,462
Jun 201733722,96742.493.09$85,225
May 201726323,59445.373.26$88,929
Apr 201732323,32747.933.21$90,398
Mar 201748325,31146.772.98$98,110
Feb 201732624,37650.452.95$88,419
Jan 201741428,15949.413.42$116,726
Dec 201640228,88948.763.72$127,150
Nov 201634428,98742.492.64$91,268
Oct 201647030,30046.193.09$115,344
Sep 201640333,72341.553.10$121,307
Aug 201646035,58541.442.92$123,125
Jul 201639931,74441.622.92$109,437
Jun 201644429,83445.352.69$100,264
May 201646232,40742.521.99$84,168
Apr 201663933,86836.561.99$90,794
Mar 201637417,88033.011.79$44,423
Feb 201635228,09426.472.06$67,293
Jan 201652329,48927.352.36$84,027
Dec 201555635,97132.362.00$89,985
Nov 201565326,91738.792.17$83,668
Oct 201552327,26443.552.43$88,935
Sep 201543622,76542.992.76$81,539
Aug 201553621,11940.162.87$82,190
Jul 201557627,62948.152.95$109,104
Jun 201568335,30556.152.88$140,130
May 201569838,21855.212.96$151,488
Apr 201586949,79149.822.71$178,056
Mar 201591356,94642.892.93$206,279
Feb 201567151,15944.662.98$182,226
Jan 201587055,30243.433.10$209,255
Dec 201475654,20154.693.59$236,001
Nov 201476660,25170.464.25$310,150
Oct 201492862,15778.303.90$315,134
Sep 20141,06366,52886.164.05$360,723
Aug 20141,14584,85189.394.04$444,736
Jul 20141,24285,77696.564.18$478,437
Jun 20141,27386,34298.164.74$533,949
May 20141,10191,91194.734.73$538,721
Apr 20141,759110,06195.944.81$698,055
Mar 20142,637112,15995.895.06$820,028
Feb 20142,638112,12397.406.19$951,207
Jan 20142,020100,12690.404.86$669,292
Dec 20132,292102,29691.824.35$655,897
Nov 201306,29188.853.74$23,518

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            89 bbl  × $106.41 =     $9,470
Gas                9,442 Mcf  × $  3.05 =    $28,759

────────────────────────────────────────────────────
Month total                                  $38,229

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/271985 is the state's own key, not one this site invented.