JORDAN

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

Gas lease lease 279911District 06Field 066485002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.9 M
Sep 2015 – May 2026
Value, last 12 filed months
$542 k
at the published price for each month
Months reported
129
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 503 leases and 503 wells, and the rule below applies to all of them.

Discovered
1974-05-21
as the register files it
Field class
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 20 acres. The field rule took effect on 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112016-05-24218766
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
CondensateDisposition40,438 bbl$2,005,483
GasProduction3,614,653 Mcf$10,922,322
Total$12,927,805

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 32.3477, -94.3783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34767, -94.37828 · 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
10,067 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 10,067 ft.

Completions filed
May 2020
1 of 1 wells

1 well

42-203352274H10,067 ftMay 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 (129)

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

129 months

May 20261119,838106.413.05$41,776
Apr 20261139,19498.932.87$37,563
Mar 20261479,84089.753.15$44,184
Feb 20261169,04363.503.75$41,280
Jan 202619,94159.138.00$79,566
Dec 202510910,21056.664.41$51,236
Nov 202510810,23058.593.93$46,495
Oct 202511210,70159.383.30$42,016
Sep 202511010,27762.743.08$38,523
Aug 2025010,91563.933.01$32,906
Jul 202511610,74066.743.32$43,347
Jun 202515510,37166.483.13$42,752
May 202510810,98860.553.23$42,056
Apr 202511110,56562.363.54$44,355
Mar 202511210,94667.704.27$54,303
Feb 202509,61070.884.34$41,715
Jan 202511411,63774.324.28$58,263
Dec 202420712,07168.993.12$51,959
Nov 20248112,93969.052.20$34,039
Oct 202405,14571.372.28$11,738
Sep 20241858,95169.612.36$34,041
Aug 202404,92775.632.06$10,168
Jul 20245717,66479.932.15$42,473
Jun 202402,28778.082.63$6,024
May 20240078.812.20$0
Apr 202443084.451.66$3,631
Mar 20240080.301.55$0
Feb 202410810,86576.091.78$27,597
Jan 202411813,59473.023.30$53,445
Dec 202311413,58971.262.61$43,601
Nov 202311613,95677.892.81$48,218
Oct 202310614,72385.443.09$54,511
Sep 202310413,73789.042.74$46,831
Aug 202310415,35180.522.67$49,405
Jul 202310116,29774.852.64$50,613
Jun 20236015,37468.962.26$38,859
May 202305,91570.622.23$13,175
Apr 20235296778.122.24$6,226
Mar 202310615,42372.852.39$44,632
Feb 20239814,01575.112.47$41,917
Jan 202310311,57876.533.39$47,106
Dec 20229617,04576.415.73$104,988
Nov 202219015,99085.005.65$106,433
Oct 20229517,29987.185.86$109,719
Sep 20229518,11884.888.16$155,973
Aug 20229918,33394.529.13$176,686
Jul 202211017,186101.587.54$140,792
Jun 202212317,432115.097.98$153,215
May 202211115,314109.378.43$141,284
Apr 202221114,139104.226.84$118,667
Mar 202211417,654108.885.08$102,031
Feb 202222416,06691.054.86$98,457
Jan 202210118,85281.844.54$93,810
Dec 202110018,68971.323.90$80,003
Nov 202120214,98277.435.24$94,099
Oct 20219714,11179.795.71$88,368
Sep 202119614,27269.865.35$90,061
Aug 20219814,81866.024.22$69,011
Jul 202110215,51070.783.98$68,982
Jun 202119814,65669.493.38$63,305
May 202110415,75963.483.02$54,157
Apr 202121317,61660.362.76$61,449
Mar 202127822,65361.302.72$78,588
Feb 20219713,74757.805.55$81,874
Jan 202119221,66850.412.81$70,572
Dec 202017323,70544.642.68$71,145
Nov 202011722,20638.772.71$64,638
Oct 202023025,40736.972.48$71,473
Sep 202022624,19037.091.99$56,546
Aug 202011623,49139.982.39$60,666
Jul 202023425,85438.371.83$56,165
Jun 202027927,39134.901.69$56,036
May 2020012,93216.921.81$23,468
Apr 202029724,36514.751.80$48,344
Mar 202019324,94930.341.86$52,167
Feb 202018920,26149.881.98$49,558
Jan 202018824,97957.252.09$63,088
Dec 201927324,10559.012.30$71,656
Nov 201914622,45155.302.75$69,830
Oct 20196218,90453.472.42$49,035
Sep 201919122,60755.052.66$70,588
Aug 201912823,70553.112.30$61,423
Jul 201913225,20956.272.46$69,443
Jun 201913825,45052.782.49$70,685
May 201927227,09458.482.74$90,153
Apr 201931432,48662.632.75$109,025
Mar 201947435,48756.803.06$135,588
Feb 201948333,25650.852.79$117,419
Jan 201948339,59546.033.23$150,052
Dec 201843339,97746.594.19$187,495
Nov 201826534,62052.934.24$160,720
Oct 201827031,03061.443.40$122,031
Sep 201825530,12559.543.11$108,811
Aug 201817728,28159.403.07$97,239
Jul 201857435,65465.142.93$141,924
Jun 201848335,24160.183.08$137,501
May 201834423,00365.382.90$89,218
Apr 201828722,85763.842.90$84,626
Mar 201836927,65661.222.79$99,663
Feb 201836530,49161.782.77$106,891
Jan 201844530,24462.874.01$149,235
Dec 201753430,09357.272.92$118,499
Nov 201749439,03755.423.12$149,109
Oct 201752841,76349.292.98$150,633
Sep 201743742,92747.523.09$153,294
Aug 201748646,78345.373.00$162,605
Jul 201751948,83943.873.09$173,548
Jun 201734138,44142.493.09$133,167
May 201753640,68245.373.26$157,080
Apr 201746739,99947.933.21$150,844
Mar 201778652,74746.772.98$194,141
Feb 201750040,10850.452.95$143,648
Jan 201792360,12749.413.42$251,168
Dec 201690265,04648.763.72$286,137
Nov 201691266,17242.492.64$213,733
Oct 201692980,10246.193.09$290,447
Sep 201651154,19541.553.10$189,271
Aug 201696272,30941.442.92$251,321
Jul 201684384,40841.622.92$281,923
Jun 20161,05688,54145.352.69$285,696
May 20161,255101,29342.521.99$255,041
Apr 20161,455105,30736.561.99$262,865
Mar 20161,42998,87633.011.79$224,556
Feb 20161,929129,92726.472.06$319,182
Jan 20161,776129,18827.352.36$354,021
Dec 20151,562100,54232.362.00$251,772
Nov 201594960,47638.792.17$167,883
Oct 201567755,46143.552.43$164,064
Sep 20151835,68342.992.76$23,543

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           111 bbl  × $106.41 =    $11,812
Gas                9,838 Mcf  × $  3.05 =    $29,965

────────────────────────────────────────────────────
Month total                                  $41,776

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/279911 is the state's own key, not one this site invented.