BOLES, A. M. GAS UNIT

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

Gas lease lease 273560District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$923 k
Sep 2014 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112014-12-05214804
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition5,228 bbl$275,321
GasProduction202,353 Mcf$647,414
Total$922,735

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 32.0901, -94.4550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09013, -94.45500 · 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
9,700 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 9,700 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-3653816799,700 ftNov 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 (141)

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

141 months

May 20260354106.413.05$1,078
Apr 2026032598.932.87$933
Mar 2026035689.753.15$1,121
Feb 2026036063.503.75$1,350
Jan 2026039059.138.00$3,119
Dec 2025038656.664.41$1,704
Nov 2025039058.593.93$1,531
Oct 2025040159.383.30$1,325
Sep 2025040362.743.08$1,240
Aug 2025035863.933.01$1,079
Jul 2025040266.743.32$1,333
Jun 2025037366.483.13$1,167
May 2025048260.553.23$1,558
Apr 2025043162.363.54$1,527
Mar 2025041067.704.27$1,750
Feb 2025037870.884.34$1,641
Jan 2025043474.324.28$1,857
Dec 2024050068.993.12$1,561
Nov 2024048369.052.20$1,062
Oct 2024065771.372.28$1,499
Sep 2024062969.612.36$1,487
Aug 2024052875.632.06$1,090
Jul 2024060779.932.15$1,303
Jun 2024056378.082.63$1,483
May 2024067078.812.20$1,473
Apr 2024073584.451.66$1,220
Mar 2024070380.301.55$1,086
Feb 2024088276.091.78$1,573
Jan 2024029073.023.30$956
Dec 2023073871.262.61$1,927
Nov 2023071777.892.81$2,013
Oct 2023056185.443.09$1,732
Sep 2023016989.042.74$462
Aug 2023045480.522.67$1,213
Jul 2023067474.852.64$1,781
Jun 2023156268.962.26$1,338
May 2023061870.622.23$1,377
Apr 2023074378.122.24$1,663
Mar 2023060172.852.39$1,438
Feb 2023068775.112.47$1,694
Jan 202301,01076.533.39$3,422
Dec 2022099176.415.73$5,678
Nov 2022056785.005.65$3,201
Oct 2022051187.185.86$2,996
Sep 2022046884.888.16$3,821
Aug 2022019894.529.13$1,807
Jul 20220187101.587.54$1,410
Jun 20220208115.097.98$1,659
May 202226483109.378.43$6,917
Apr 20220654104.226.84$4,472
Mar 202216399108.885.08$3,768
Feb 2022030691.054.86$1,487
Jan 2022041481.844.54$1,879
Dec 2021013471.323.90$522
Nov 2021164577.435.24$3,455
Oct 2021036779.795.71$2,097
Sep 2021035369.865.35$1,889
Aug 20212337666.024.22$3,105
Jul 2021030870.783.98$1,226
Jun 20213087169.493.38$5,029
May 2021088563.483.02$2,671
Apr 20213976460.362.76$4,461
Mar 2021441,09061.302.72$5,659
Feb 2021082557.805.55$4,577
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202010014.751.80$148
Mar 20200030.341.86$0
Feb 20201659649.881.98$1,979
Jan 2020049657.252.09$1,039
Dec 201901,04959.012.30$2,417
Nov 20191057055.302.75$2,121
Oct 2019035953.472.42$868
Sep 2019028655.052.66$760
Aug 20192130053.112.30$1,807
Jul 2019036956.272.46$908
Jun 20195346752.782.49$3,961
May 2019025858.482.74$707
Apr 2019037462.632.75$1,029
Mar 20193831956.803.06$3,135
Feb 20192630750.852.79$2,179
Jan 2019031446.033.23$1,014
Dec 2018019546.594.19$816
Nov 201801,19252.934.24$5,051
Oct 2018086661.443.40$2,943
Sep 2018085059.543.11$2,642
Aug 201801,07959.403.07$3,309
Jul 201801,08665.142.93$3,184
Jun 2018095160.183.08$2,926
May 2018079465.382.90$2,303
Apr 2018079963.842.90$2,318
Mar 201811,10361.222.79$3,135
Feb 2018085161.782.77$2,354
Jan 201872,09462.874.01$8,836
Dec 2017086157.272.92$2,515
Nov 2017151,26455.423.12$4,773
Oct 2017261,22549.292.98$4,937
Sep 201702,36547.523.09$7,301
Aug 2017242,56645.373.00$8,798
Jul 2017342,22943.873.09$8,373
Jun 2017442,21842.493.09$8,717
May 2017501,46645.373.26$7,053
Apr 2017531,01947.933.21$5,813
Mar 2017501,52946.772.98$6,901
Feb 201701,41250.452.95$4,169
Jan 2017461,42849.413.42$7,155
Dec 2016611,09148.763.72$7,036
Nov 2016811,50142.492.64$7,411
Oct 20161071,97546.193.09$11,046
Sep 20161102,81741.553.10$13,305
Aug 2016973,06341.442.92$12,977
Jul 2016842,99141.622.92$12,243
Jun 201603,12745.352.69$8,399
May 20161272,86742.521.99$11,108
Apr 2016412,64436.561.99$6,763
Mar 2016841,78633.011.79$5,977
Feb 2016342,59026.472.06$6,245
Jan 2016603,21127.352.36$9,233
Dec 2015263,00032.362.00$6,846
Nov 20151252,79238.792.17$10,900
Oct 20152033,42043.552.43$17,140
Sep 20152274,78742.992.76$22,963
Aug 20152155,87640.162.87$25,513
Jul 20153064,16248.152.95$26,991
Jun 20153335,26056.152.88$33,862
May 20153105,29355.212.96$32,758
Apr 20151706,48349.822.71$26,016
Mar 20152127,86642.892.93$32,177
Feb 20151444,26244.662.98$19,116
Jan 20152544,99043.433.10$26,503
Dec 20142279,95054.693.59$48,149
Nov 201422910,99470.464.25$62,880
Oct 201435010,88478.303.90$69,863
Sep 201430711,74786.164.05$73,973

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             0 bbl  × $106.41 =         $0
Gas                  354 Mcf  × $  3.05 =     $1,078

────────────────────────────────────────────────────
Month total                                   $1,078

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/273560 is the state's own key, not one this site invented.