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 272628District 06Field 67849150CondensateGasSave
Value, all time
$19.1 M
Jan 2014 – May 2026
Value, last 12 filed months
$400 k
at the published price for each month
Months reported
149
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
CondensateDisposition58,954 bbl$3,890,100
GasProduction4,257,566 Mcf$15,228,280
Total$19,118,380

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 32.1025, -95.1518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10248, -95.15181 · 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
12,329 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 12,329 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-073315004H12,329 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 (149)

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

149 months

May 2026657,507106.413.05$29,782
Apr 2026848,11198.932.87$31,586
Mar 2026658,95889.753.15$34,046
Feb 2026965,45663.503.75$26,558
Jan 2026709,68059.138.00$81,559
Dec 2025928,92856.664.41$44,615
Nov 2025848,39058.593.93$37,864
Oct 2025525,41859.383.30$20,993
Sep 2025445,38262.743.08$19,321
Aug 2025616,67663.933.01$24,026
Jul 2025477,07266.743.32$26,582
Jun 2025585,99666.483.13$22,616
May 2025786,69360.553.23$26,357
Apr 2025547,11162.363.54$28,563
Mar 2025968,59167.704.27$43,168
Feb 2025787,48770.884.34$38,029
Jan 2025809,05774.324.28$44,698
Dec 20245810,30268.993.12$36,158
Nov 2024827,16969.052.20$21,423
Oct 2024839,78871.372.28$28,254
Sep 2024848,88869.612.36$26,862
Aug 20245810,35375.632.06$25,751
Jul 2024658,33479.932.15$23,085
Jun 2024807,57078.082.63$26,186
May 202412912,18778.812.20$36,959
Apr 20249810,72984.451.66$26,078
Mar 20249310,08580.301.55$23,051
Feb 2024947,06376.091.78$19,750
Jan 202410610,62773.023.30$42,784
Dec 20238511,48771.262.61$36,046
Nov 20239411,19177.892.81$38,741
Oct 202313313,13285.443.09$51,906
Sep 20234112,64689.042.74$38,238
Aug 202311312,96180.522.67$43,742
Jul 20238512,39074.852.64$39,094
Jun 2023719,90868.962.26$27,273
May 202317914,42170.622.23$44,762
Apr 202312811,88778.122.24$36,600
Mar 202316313,73072.852.39$44,733
Feb 202310214,99875.112.47$44,641
Jan 202311811,12176.533.39$46,705
Dec 202216914,97176.415.73$98,683
Nov 202213514,12885.005.65$91,245
Oct 202213115,53287.185.86$102,497
Sep 202212414,66784.888.16$130,262
Aug 202215515,23394.529.13$153,685
Jul 202212915,715101.587.54$131,628
Jun 20229615,421115.097.98$134,065
May 202214316,162109.378.43$151,935
Apr 202217015,673104.226.84$124,883
Mar 202215216,011108.885.08$97,828
Feb 202215715,58791.054.86$90,030
Jan 202224716,86081.844.54$96,720
Dec 202110816,74771.323.90$73,001
Nov 202116516,40377.435.24$98,676
Oct 202119917,07279.795.71$113,425
Sep 202114317,24569.865.35$102,267
Aug 202115517,40866.024.22$83,705
Jul 202112717,70470.783.98$79,488
Jun 20218817,15569.493.38$64,110
May 202114318,13463.483.02$63,800
Apr 202118115,78660.362.76$54,470
Mar 202126416,85161.302.72$61,966
Feb 202112713,65357.805.55$83,087
Jan 202121617,02750.412.81$58,739
Dec 202011917,00944.642.68$50,819
Nov 202017516,79438.772.71$52,239
Oct 202018017,74036.972.48$50,622
Sep 202020021,26837.091.99$49,763
Aug 202018419,31539.982.39$53,425
Jul 202020120,21238.371.83$44,602
Jun 202020421,81634.901.69$43,995
May 20209619,62716.921.81$37,242
Apr 202026319,20514.751.80$38,532
Mar 202012819,29230.341.86$39,694
Feb 202018319,19649.881.98$47,149
Jan 202023921,15557.252.09$57,997
Dec 201928022,18059.012.30$67,634
Nov 201920821,32855.302.75$70,169
Oct 201927923,28253.472.42$71,227
Sep 201916220,83155.052.66$64,272
Aug 201926721,48853.112.30$63,696
Jul 201928521,35656.272.46$68,574
Jun 201913519,85652.782.49$56,591
May 201933018,80858.482.74$70,838
Apr 201926118,63162.632.75$67,595
Mar 201912419,18756.803.06$65,796
Feb 201924316,33350.852.79$57,962
Jan 201925118,84746.033.23$72,395
Dec 201830919,19346.594.19$94,727
Nov 201824322,16152.934.24$106,763
Oct 201829423,62661.443.40$98,346
Sep 201823222,51759.543.11$83,796
Aug 201823324,46259.403.07$88,854
Jul 201834924,38065.142.93$94,213
Jun 201820423,55560.183.08$84,754
May 201847124,80065.382.90$102,734
Apr 201870423,13163.842.90$112,042
Mar 201833424,51961.222.79$88,778
Feb 201840320,48961.782.77$81,572
Jan 201833424,26262.874.01$118,273
Dec 201739725,27657.272.92$96,581
Nov 201726025,04055.423.12$92,493
Oct 201732925,26349.292.98$91,593
Sep 201730924,39047.523.09$89,982
Aug 201743926,18545.373.00$98,588
Jul 201725126,60643.873.09$93,152
Jun 201737726,03742.493.09$96,402
May 201730527,23345.373.26$102,710
Apr 201736727,54847.933.21$106,063
Mar 201755131,19346.772.98$118,840
Feb 201736229,48250.452.95$105,311
Jan 201744432,90649.413.42$134,437
Dec 201644134,53848.763.72$150,082
Nov 201636734,17442.492.64$105,962
Oct 201647133,51446.193.09$125,322
Sep 201639233,52441.553.10$120,233
Aug 201647437,08641.442.92$128,095
Jul 201651238,38541.622.92$133,560
Jun 201658534,96145.352.69$120,429
May 201657237,98042.521.99$99,941
Apr 201665737,46936.561.99$98,622
Mar 201683640,09333.011.79$99,524
Feb 201645939,26626.472.06$93,180
Jan 201672741,03027.352.36$116,893
Dec 201574148,00132.362.00$120,048
Nov 201589346,32938.792.17$135,050
Oct 201574548,78343.552.43$150,821
Sep 201573645,84942.992.76$158,111
Aug 201582556,40740.162.87$195,161
Jul 201579656,69648.152.95$205,302
Jun 201584957,48256.152.88$213,384
May 201595362,29855.212.96$236,734
Apr 201598257,27549.822.71$203,942
Mar 20151,13168,32942.892.93$249,034
Feb 201582065,45744.662.98$231,434
Jan 20151,27267,81943.433.10$265,525
Dec 20141,02071,29354.693.59$311,823
Nov 20141,07671,52370.464.25$379,919
Oct 20141,23584,14278.303.90$424,935
Sep 20141,40790,03286.164.05$485,446
Aug 20141,51994,13789.394.04$515,638
Jul 20141,650115,98796.564.18$644,103
Jun 20141,640113,28998.164.74$697,619
May 20141,700144,11094.734.73$842,186
Apr 20142,063132,89395.944.81$837,023
Mar 20143,431180,28295.895.06$1,240,649
Feb 20143,566151,56597.406.19$1,285,819
Jan 201464329,93390.404.86$203,623

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            65 bbl  × $106.41 =     $6,917
Gas                7,507 Mcf  × $  3.05 =    $22,865

────────────────────────────────────────────────────
Month total                                  $29,782

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/272628 is the state's own key, not one this site invented.