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 272646District 06Field 67849150CondensateGasSave
Value, all time
$15.6 M
Mar 2014 – May 2026
Value, last 12 filed months
$563 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
CondensateDisposition53,735 bbl$3,470,741
GasProduction3,712,552 Mcf$12,100,389
Total$15,571,130

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 32.1121, -95.1750. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11215, -95.17497 · 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
11,989 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 11,989 ft.

Completions filed
Dec 2022
1 of 1 wells

1 well

42-073315066H11,989 ftDec 2022

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 202610011,447106.413.05$45,507
Apr 202612810,59098.932.87$43,053
Mar 20269711,99089.753.15$46,468
Feb 20261086,90763.503.75$32,761
Jan 2026829,78959.138.00$83,140
Dec 20251119,68256.664.41$49,019
Nov 202511510,50158.593.93$47,969
Oct 202511710,82659.383.30$42,726
Sep 20259310,95062.743.08$39,527
Aug 202512910,63163.933.01$40,297
Jul 202510911,54266.743.32$45,539
Jun 202514411,84066.483.13$46,617
May 202518712,68260.553.23$52,315
Apr 202510812,45562.363.54$50,864
Mar 202518913,31867.704.27$69,641
Feb 202515512,85670.884.34$66,792
Jan 202515013,97874.324.28$70,955
Dec 202410514,63268.993.12$52,916
Nov 202415114,38069.052.20$42,040
Oct 202415213,53871.372.28$41,734
Sep 202416313,23069.612.36$42,627
Aug 202411714,36975.632.06$38,501
Jul 202415014,17679.932.15$42,420
Jun 202414714,27878.082.63$49,086
May 202416311,87978.812.20$38,961
Apr 202413912,00584.451.66$31,657
Mar 202417613,75480.301.55$35,385
Feb 202417816,98776.091.78$43,843
Jan 202415714,79073.023.30$60,237
Dec 202311812,35371.262.61$40,659
Nov 202312014,20277.892.81$49,220
Oct 202315212,37985.443.09$51,204
Sep 202310511,49989.042.74$40,799
Aug 202314511,50280.522.67$42,419
Jul 202313914,28274.852.64$48,134
Jun 202310614,60168.962.26$40,286
May 202321513,53070.622.23$45,320
Apr 202317213,43978.122.24$43,510
Mar 202323214,30372.852.39$51,131
Feb 20231358,03275.112.47$29,944
Jan 20231168,39376.533.39$37,311
Dec 202215312,32476.415.73$82,296
Nov 202212912,44485.005.65$81,226
Oct 202213613,59387.185.86$91,563
Sep 202213513,58884.888.16$122,387
Aug 202217414,43794.529.13$148,215
Jul 202214516,661101.587.54$140,388
Jun 202210212,051115.097.98$107,872
May 202214014,978109.378.43$141,622
Apr 202217012,908104.226.84$105,977
Mar 202215616,558108.885.08$101,040
Feb 202214313,27091.054.86$77,497
Jan 202223313,99981.844.54$82,592
Dec 20219215,28271.323.90$66,148
Nov 202113018,14177.435.24$105,068
Oct 202115917,46279.795.71$112,462
Sep 202111614,00069.865.35$83,017
Aug 202113313,92266.024.22$67,540
Jul 202111214,82470.783.98$66,958
Jun 20217415,22369.493.38$56,605
May 202112314,65263.483.02$52,023
Apr 202118714,75760.362.76$51,993
Mar 202127816,15661.302.72$60,936
Feb 202113012,88257.805.55$78,983
Jan 202122215,97550.412.81$56,085
Dec 202012815,73344.642.68$47,807
Nov 202020717,29038.772.71$54,822
Oct 202019518,27136.972.48$52,493
Sep 202018615,64937.091.99$38,057
Aug 202020019,22039.982.39$53,838
Jul 202017717,58938.371.83$38,894
Jun 202017514,07234.901.69$29,894
May 20209716,84216.921.81$32,205
Apr 202030817,08314.751.80$35,367
Mar 202015419,14930.341.86$40,217
Feb 202021617,95549.881.98$46,337
Jan 202026619,76257.252.09$56,625
Dec 201927624,74959.012.30$73,317
Nov 201920524,85655.302.75$79,708
Oct 201929126,24453.472.42$79,032
Sep 201910726,62955.052.66$76,651
Aug 201937328,28253.112.30$84,982
Jul 201926929,42856.272.46$87,531
Jun 201926928,71852.782.49$85,740
May 201938325,57158.482.74$92,471
Apr 201918621,91962.632.75$71,942
Mar 201924922,91356.803.06$84,305
Feb 201925921,28350.852.79$72,597
Jan 201931723,11346.033.23$89,204
Dec 201828524,03246.594.19$113,863
Nov 201823824,34052.934.24$115,732
Oct 201814925,57361.443.40$96,054
Sep 201823325,96059.543.11$94,557
Aug 201820024,25159.403.07$86,247
Jul 201829829,70165.142.93$106,491
Jun 201822029,30760.183.08$103,415
May 201825727,41865.382.90$96,337
Apr 201829726,59063.842.90$96,093
Mar 201853727,13261.222.79$108,488
Feb 201868826,87461.782.77$116,841
Jan 201877827,05662.874.01$157,389
Dec 201748428,58457.272.92$111,227
Nov 201730428,65555.423.12$106,204
Oct 201729330,22449.292.98$104,621
Sep 201724330,08647.523.09$104,431
Aug 201724731,86845.373.00$106,951
Jul 201734932,93243.873.09$116,981
Jun 201730632,55842.493.09$113,518
May 201730733,97045.373.26$124,786
Apr 201733732,75947.933.21$121,361
Mar 201738435,07446.772.98$122,609
Feb 201723131,97950.452.95$106,075
Jan 201730736,88249.413.42$141,261
Dec 201634337,89148.763.72$157,786
Nov 201634337,73742.492.64$114,364
Oct 201626240,66346.193.09$137,761
Sep 201627039,00841.553.10$132,168
Aug 201628041,20641.442.92$132,104
Jul 201620939,54641.622.92$124,345
Jun 201626440,77545.352.69$121,487
May 201625942,30542.521.99$95,244
Apr 201649544,39236.561.99$106,483
Mar 201637526,13133.011.79$59,258
Feb 201642943,11326.472.06$100,325
Jan 201658044,89927.352.36$122,020
Dec 201557045,42532.362.00$109,359
Nov 201580548,76138.792.17$136,907
Oct 201570649,59643.552.43$151,095
Sep 201569148,44742.992.76$163,343
Aug 201579348,63740.162.87$171,556
Jul 201581650,66648.152.95$188,506
Jun 201581647,46856.152.88$182,662
May 201589452,89355.212.96$205,680
Apr 201596351,49449.822.71$187,349
Mar 20151,11252,03542.892.93$200,401
Feb 201599950,69244.662.98$195,484
Jan 20151,22557,49043.433.10$231,457
Dec 20141,25051,29454.693.59$252,578
Nov 20141,69967,08670.464.25$404,950
Oct 20141,32259,80778.303.90$336,817
Sep 20141,67371,12886.164.05$431,890
Aug 20141,47266,60089.394.04$400,321
Jul 20141,80870,99496.564.18$471,307
Jun 20142,08780,19798.164.74$584,743
May 20142,01526,73294.734.73$317,231
Apr 20141,84633,63895.944.81$338,874
Mar 20141,35229,07795.895.06$276,680

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           100 bbl  × $106.41 =    $10,641
Gas               11,447 Mcf  × $  3.05 =    $34,866

────────────────────────────────────────────────────
Month total                                  $45,507

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/272646 is the state's own key, not one this site invented.