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 279912District 06Field 066485002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
Sep 2015 – May 2026
Value, last 12 filed months
$416 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 Gas112016-05-24218765
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
CondensateDisposition30,685 bbl$1,510,578
GasProduction3,210,692 Mcf$9,732,182
Total$11,242,760

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 32.3521, -94.3712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35213, -94.37121 · 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
10,072 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 10,072 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-203351635H10,072 ftJan 2017

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 2026607,744106.413.05$29,972
Apr 2026647,18798.932.87$26,956
Mar 2026838,06389.753.15$32,843
Feb 2026627,37363.503.75$31,588
Jan 202617,47959.138.00$59,876
Dec 2025628,17056.664.41$39,570
Nov 2025628,15758.593.93$35,661
Oct 2025658,83559.383.30$33,058
Sep 2025668,59162.743.08$30,575
Aug 202509,32663.933.01$28,116
Jul 2025699,00166.743.32$34,445
Jun 2025988,72566.483.13$33,813
May 2025649,26360.553.23$33,816
Apr 2025688,98262.363.54$36,065
Mar 2025679,67467.704.27$45,828
Feb 202508,06670.884.34$35,013
Jan 2025659,22474.324.28$44,297
Dec 202412610,63868.993.12$41,898
Nov 20249210,81169.052.20$30,120
Oct 2024011,05571.372.28$25,221
Sep 202416011,06869.612.36$37,306
Aug 2024011,39475.632.06$23,513
Jul 202412212,56879.932.15$36,730
Jun 2024018,48278.082.63$48,681
May 20240378.812.20$7
Apr 2024957,32184.451.66$20,170
Mar 2024011,13780.301.55$17,208
Feb 20247511,91276.091.78$26,953
Jan 20247812,63573.023.30$47,361
Dec 20237412,76371.262.61$38,594
Nov 20237412,58377.892.81$41,091
Oct 20237513,88685.443.09$49,278
Sep 20237313,83589.042.74$44,339
Aug 20237315,25080.522.67$46,639
Jul 20237416,52674.852.64$49,197
Jun 202310216,02768.962.26$43,231
May 202309,98270.622.23$22,234
Apr 202311815,88878.122.24$44,772
Mar 20238317,05072.852.39$46,850
Feb 20238215,84775.112.47$45,233
Jan 20239415,68176.533.39$60,317
Dec 20227819,79676.415.73$119,373
Nov 202216719,81585.005.65$126,074
Oct 20228522,74187.185.86$140,758
Sep 20228722,84284.888.16$193,859
Aug 20228319,90094.529.13$189,476
Jul 20227719,220101.587.54$152,780
Jun 20227015,277115.097.98$129,924
May 20226712,254109.378.43$110,666
Apr 202214311,100104.226.84$90,801
Mar 2022678,868108.885.08$52,312
Feb 20221498,68491.054.86$55,761
Jan 20228012,63981.844.54$63,899
Dec 20218213,87371.323.90$59,941
Nov 202116916,26177.435.24$98,242
Oct 20218818,29779.795.71$111,568
Sep 202116216,78269.865.35$101,116
Aug 20217817,21466.024.22$77,803
Jul 20218117,16970.783.98$74,102
Jun 202116217,33069.493.38$69,844
May 20217617,93163.483.02$58,934
Apr 202113815,78460.362.76$51,869
Mar 202124314,43861.302.72$54,123
Feb 20218411,44857.805.55$68,368
Jan 202116715,40750.412.81$51,716
Dec 202018716,65444.642.68$52,905
Nov 20206618,14338.772.71$51,664
Oct 202012617,97036.972.48$49,196
Sep 202012717,79637.091.99$40,143
Aug 20206317,54039.982.39$44,353
Jul 202012318,40238.371.83$38,305
Jun 202025617,61034.901.69$38,701
May 2020020,36516.921.81$36,957
Apr 202022819,02314.751.80$37,688
Mar 202016320,57830.341.86$43,143
Feb 202017519,30149.881.98$46,958
Jan 202017624,07557.252.09$60,507
Dec 201926723,87859.012.30$70,779
Nov 201921324,43355.302.75$78,987
Oct 201911826,81853.472.42$71,170
Sep 201934128,38255.052.66$94,191
Aug 201922831,42153.112.30$84,514
Jul 201922331,33156.272.46$89,624
Jun 201922329,81552.782.49$86,045
May 201926731,71758.482.74$102,529
Apr 20194225,62062.632.75$73,103
Mar 20196328,12256.803.06$89,691
Feb 20196225,82150.852.79$75,251
Jan 20196028,84046.033.23$95,863
Dec 201810931,21146.594.19$135,710
Nov 201827434,73352.934.24$161,675
Oct 201826027,75661.443.40$110,292
Sep 201827630,14659.543.11$110,127
Aug 201818231,20959.403.07$106,515
Jul 201836121,11665.142.93$85,425
Jun 201831221,07960.183.08$83,635
May 201846633,05365.382.90$126,347
Apr 201840331,64563.842.90$117,523
Mar 201841830,77561.222.79$111,355
Feb 201836926,19961.782.77$95,266
Jan 201849633,21262.874.01$164,341
Dec 201723034,69657.272.92$114,537
Nov 201712233,17555.423.12$110,213
Oct 201729936,08349.292.98$122,398
Sep 201727935,16247.523.09$121,813
Aug 201728835,46545.373.00$119,618
Jul 201729534,41943.873.09$119,203
Jun 201721330,29542.493.09$102,580
May 201734233,61245.373.26$125,206
Apr 201718932,46947.933.21$113,336
Mar 201721412,47446.772.98$47,227
Feb 20170050.452.95$0
Jan 201718013,00449.413.42$53,352
Dec 201645637,78148.763.72$162,887
Nov 201672659,96842.492.64$189,424
Oct 201673468,47546.193.09$245,509
Sep 201667368,62541.553.10$240,744
Aug 20161,00876,70641.442.92$266,086
Jul 201683681,92641.622.92$274,374
Jun 201690077,58645.352.69$249,198
May 20161,10389,84942.521.99$225,793
Apr 20161,22188,90636.561.99$221,655
Mar 20161,30790,98933.011.79$206,379
Feb 20161,520102,95426.472.06$252,693
Jan 20161,565105,48027.352.36$292,195
Dec 20151,33480,59032.362.00$204,462
Nov 201585350,04538.792.17$141,552
Oct 201561746,90643.552.43$140,692
Sep 20151493,99142.992.76$17,414

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            60 bbl  × $106.41 =     $6,385
Gas                7,744 Mcf  × $  3.05 =    $23,587

────────────────────────────────────────────────────
Month total                                  $29,972

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/279912 is the state's own key, not one this site invented.