CHILES G U B-1

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 272645District 06Field 67849150CondensateGasSave
Value, all time
$14.1 M
Mar 2014 – May 2026
Value, last 12 filed months
$529 k
at the published price for each month
Months reported
147
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
CondensateDisposition49,579 bbl$3,035,842
GasProduction3,399,659 Mcf$11,104,061
Total$14,139,903

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 32.1184, -95.1662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11836, -95.16618 · 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
11,971 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 11,971 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-073315044H11,971 ftJul 2020

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 (147)

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

147 months

May 2026818,706106.413.05$35,136
Apr 202610410,22598.932.87$39,632
Mar 2026769,63189.753.15$37,153
Feb 2026946,69663.503.75$31,081
Jan 2026779,15159.138.00$77,742
Dec 202510610,43656.664.41$52,064
Nov 202510710,61958.593.93$47,964
Oct 202511311,11759.383.30$43,450
Sep 20259111,85362.743.08$42,180
Aug 202512311,18163.933.01$41,571
Jul 20259011,18566.743.32$43,087
Jun 20251119,84166.483.13$38,169
May 202514310,42860.553.23$42,365
Apr 20258310,36962.363.54$41,914
Mar 202513410,67267.704.27$54,623
Feb 20251119,66570.884.34$49,822
Jan 202511010,91774.324.28$54,886
Dec 20247812,10268.993.12$43,156
Nov 202410110,21669.052.20$29,433
Oct 202411210,55871.372.28$32,080
Sep 202411610,25069.612.36$32,309
Aug 20248511,14175.632.06$29,419
Jul 202411011,82779.932.15$34,180
Jun 202411610,79178.082.63$37,481
May 202417214,08978.812.20$44,529
Apr 202412012,58884.451.66$31,020
Mar 202413411,42880.301.55$28,418
Feb 202412813,80676.091.78$34,364
Jan 202414211,57173.023.30$48,526
Dec 202315313,71271.262.61$46,701
Nov 202314811,33477.892.81$43,349
Oct 202311813,98785.443.09$53,264
Sep 202318314,58589.042.74$56,185
Aug 202314516,19280.522.67$54,955
Jul 202312711,52774.852.64$39,958
Jun 20231068,77468.962.26$27,126
May 202322015,98970.622.23$51,150
Apr 202315813,21078.122.24$41,904
Mar 202316814,45672.852.39$46,834
Feb 2023546,24675.112.47$19,457
Jan 2023821,42876.533.39$11,113
Dec 202217415,05476.415.73$99,541
Nov 202214515,57785.005.65$100,276
Oct 202214316,39487.185.86$108,597
Sep 202213314,67384.888.16$131,075
Aug 202216015,18594.529.13$153,719
Jul 202213515,898101.587.54$133,617
Jun 202210815,070115.097.98$132,646
May 202217016,146109.378.43$154,753
Apr 202219914,071104.226.84$116,952
Mar 202217216,533108.885.08$102,655
Feb 202216613,16591.054.86$79,081
Jan 202228816,09981.844.54$96,622
Dec 202111917,21971.323.90$75,626
Nov 202117722,20877.435.24$130,005
Oct 202122323,07179.795.71$149,618
Sep 202116218,26469.865.35$109,047
Aug 202117818,34666.024.22$89,183
Jul 202114518,92470.783.98$85,620
Jun 202110018,15969.493.38$68,338
May 202115818,37963.483.02$65,492
Apr 202120517,84660.362.76$61,601
Mar 202130219,22561.302.72$70,746
Feb 202114215,12757.805.55$92,131
Jan 202124119,05550.412.81$65,699
Dec 202012718,92544.642.68$56,302
Nov 202018014,47438.772.71$46,153
Oct 202018416,73136.972.48$48,269
Sep 202019215,50137.091.99$37,984
Aug 202021320,40439.982.39$57,181
Jul 202020018,14438.371.83$40,789
Jun 202020517,74234.901.69$37,144
May 202011018,09416.921.81$34,697
Apr 202042221,63014.751.80$45,253
Mar 202018821,57730.341.86$45,756
Feb 202026218,93549.881.98$50,573
Jan 202032421,98357.252.09$64,598
Dec 201926317,39559.012.30$55,604
Nov 201919018,22755.302.75$60,644
Oct 201924715,09053.472.42$49,703
Sep 20199818,26355.052.66$53,925
Aug 201933719,25053.112.30$62,257
Jul 201923019,45356.272.46$60,798
Jun 201922617,93352.782.49$56,603
May 201934520,78458.482.74$77,130
Apr 201917419,86662.632.75$65,543
Mar 201923921,09856.803.06$78,179
Feb 201925019,93450.852.79$68,373
Jan 201930521,63446.033.23$83,878
Dec 201827022,49446.594.19$106,727
Nov 201821418,80752.934.24$91,017
Oct 201813319,86161.443.40$75,661
Sep 201823219,61459.543.11$74,774
Aug 201820023,20759.403.07$83,046
Jul 201825822,42665.142.93$82,556
Jun 201823421,43460.183.08$80,033
May 201830325,58565.382.90$94,027
Apr 201828324,46063.842.90$89,020
Mar 201811026,37461.222.79$80,234
Feb 20188025,44961.782.77$75,337
Jan 201817528,75562.874.01$126,290
Dec 201718827,57157.272.92$91,316
Nov 201735726,44355.423.12$102,244
Oct 201734528,42849.292.98$101,825
Sep 201728527,72447.523.09$99,135
Aug 201728228,89245.373.00$99,597
Jul 201740229,88043.873.09$109,884
Jun 201734729,23642.493.09$105,004
May 201735430,68545.373.26$116,198
Apr 201740230,96347.933.21$118,709
Mar 201743733,73146.772.98$121,081
Feb 201726330,89850.452.95$104,498
Jan 201734034,55349.413.42$134,929
Dec 201637434,95448.763.72$148,364
Nov 201637034,60142.492.64$107,218
Oct 201646736,77346.193.09$135,209
Sep 201658133,82141.553.10$129,007
Aug 201692535,79941.442.92$143,020
Jul 201656935,11141.622.92$126,358
Jun 201680736,72645.352.69$135,237
May 201680438,99542.521.99$111,827
Apr 201698740,66536.561.99$117,050
Mar 201632225,23633.011.79$55,903
Feb 201636641,89126.472.06$96,136
Jan 201648142,43327.352.36$113,482
Dec 201546139,97232.362.00$94,918
Nov 201568142,34838.792.17$118,198
Oct 201567548,72743.552.43$147,636
Sep 201576154,56842.992.76$183,237
Aug 201595860,34140.162.87$211,802
Jul 201590857,98148.152.95$214,479
Jun 201574844,75956.152.88$171,034
May 201577647,05755.212.96$181,918
Apr 201590146,51849.822.71$170,792
Mar 20151,03146,56342.892.93$180,868
Feb 201588844,03744.662.98$170,721
Jan 20151,08949,34843.433.10$200,305
Dec 201496845,92354.693.59$217,866
Nov 201465729,99970.464.25$173,843
Oct 20141,17661,46078.303.90$331,834
Sep 201495547,00186.164.05$272,423
Aug 20141,27366,67289.394.04$382,823
Jul 20141,54670,21996.564.18$442,769
Jun 20141,66249,26498.164.74$396,500
May 20141,88925,01194.734.73$297,161
Apr 201478113,82295.944.81$141,401
Mar 201476216,34095.895.06$155,696

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            81 bbl  × $106.41 =     $8,619
Gas                8,706 Mcf  × $  3.05 =    $26,517

────────────────────────────────────────────────────
Month total                                  $35,136

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/272645 is the state's own key, not one this site invented.