COLEMAN

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

Gas lease lease 281085District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jul 2016 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
119
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 2013-01-29.

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 Gas112016-11-04219709
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
CondensateDisposition13,161 bbl$686,896
GasProduction666,507 Mcf$2,057,352
Total$2,744,248

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 32.2950, -94.4037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29498, -94.40371 · 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
11,400 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 11,400 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-36538310111,400 ftDec 2016

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 (119)

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

119 months

May 202600106.413.05$0
Apr 20265098.932.87$495
Mar 2026912989.753.15$1,214
Feb 2026016763.503.75$626
Jan 2026912159.138.00$1,500
Dec 2025013356.664.41$587
Nov 2025516858.593.93$953
Oct 20251312759.383.30$1,192
Sep 2025017662.743.08$542
Aug 20251122663.933.01$1,385
Jul 2025021566.743.32$713
Jun 20251120066.483.13$1,357
May 20251322060.553.23$1,498
Apr 20251622362.363.54$1,788
Mar 2025035167.704.27$1,498
Feb 20251024370.884.34$1,764
Jan 2025818274.324.28$1,373
Dec 20241015568.993.12$1,174
Nov 2024022969.052.20$503
Oct 20241321571.372.28$1,418
Sep 2024022069.612.36$520
Aug 20243739975.632.06$3,622
Jul 2024211,23979.932.15$4,338
Jun 2024034378.082.63$903
May 20242362778.812.20$3,191
Apr 20243341884.451.66$3,480
Mar 20244575480.301.55$4,779
Feb 202401,18276.091.78$2,108
Jan 2024371,09573.023.30$6,313
Dec 20233063871.262.61$3,803
Nov 20232674177.892.81$4,106
Oct 20234652685.443.09$5,554
Sep 202301,25289.042.74$3,424
Aug 2023551,32480.522.67$7,967
Jul 2023641,87574.852.64$9,744
Jun 202301,88068.962.26$4,246
May 20234589070.622.23$5,160
Apr 2023451,30378.122.24$6,431
Mar 2023631,10972.852.39$7,244
Feb 2023601,83575.112.47$9,031
Jan 202301,79276.533.39$6,071
Dec 2022481,31776.415.73$11,213
Nov 2022711,21985.005.65$12,918
Oct 2022282,57487.185.86$17,534
Sep 2022070484.888.16$5,747
Aug 20224180794.529.13$11,241
Jul 2022161,775101.587.54$15,012
Jun 202221,478115.097.98$12,020
May 2022443,431109.378.43$33,746
Apr 2022642,211104.226.84$21,788
Mar 20221392,669108.885.08$28,683
Feb 2022567,26591.054.86$40,398
Jan 2022274,30581.844.54$21,744
Dec 2021030371.323.90$1,181
Nov 20210077.435.24$0
Oct 2021065979.795.71$3,765
Sep 2021017869.865.35$952
Aug 2021014966.024.22$629
Jul 2021026670.783.98$1,059
Jun 2021098469.493.38$3,327
May 20211313363.483.02$1,227
Apr 2021292,11860.362.76$7,593
Mar 20211214,78161.302.72$20,407
Feb 2021382,79757.805.55$17,714
Jan 2021834,67950.412.81$17,333
Dec 2020695,22344.642.68$17,054
Nov 2020574,41038.772.71$14,146
Oct 2020727,00836.972.48$20,031
Sep 2020748,33937.091.99$19,348
Aug 2020545,55339.982.39$15,403
Jul 2020605,96538.371.83$13,189
Jun 2020946,75734.901.69$14,702
May 2020526,76016.921.81$13,148
Apr 20201543,94814.751.80$9,395
Mar 20202004,81730.341.86$15,009
Feb 2020604,26849.881.98$11,446
Jan 20201173,77057.252.09$14,595
Dec 20191264,07859.012.30$16,832
Nov 2019394,35255.302.75$14,128
Oct 2019673,49653.472.42$12,038
Sep 2019333,78255.052.66$11,866
Aug 2019602,98553.112.30$10,065
Jul 2019764,56956.272.46$15,517
Jun 2019754,31952.782.49$14,718
May 2019864,45558.482.74$17,237
Apr 2019886,38162.632.75$23,064
Mar 2019743,55856.803.06$15,098
Feb 2019673,38050.852.79$12,845
Jan 2019573,19546.033.23$12,938
Dec 20181065,19246.594.19$26,669
Nov 2018434,65552.934.24$22,000
Oct 2018737,45861.443.40$29,828
Sep 2018668,55559.543.11$30,519
Aug 2018468,19559.403.07$27,863
Jul 2018999,01765.142.93$32,886
Jun 20181169,07160.183.08$34,892
May 20181769,30265.382.90$38,490
Apr 201827110,69663.842.90$48,328
Mar 201832011,17961.222.79$50,744
Feb 20184769,90861.782.77$56,814
Jan 201827813,84362.874.01$72,979
Dec 201711315,63557.272.92$52,149
Nov 201715014,08055.423.12$52,220
Oct 201712018,42049.292.98$60,874
Sep 20179521,38647.523.09$70,539
Aug 201718020,13845.373.00$68,669
Jul 201723817,66243.873.09$64,969
Jun 201724118,32042.493.09$66,799
May 201725220,03845.373.26$76,825
Apr 201764010,70747.933.21$65,062
Mar 201765410,91646.772.98$63,157
Feb 201768613,38350.452.95$74,123
Jan 201773817,55149.413.42$96,468
Dec 201637611,48048.763.72$61,072
Nov 201663118,19042.492.64$74,912
Oct 201675426,31346.193.09$116,141
Sep 201650936,20341.553.10$133,401
Aug 201682848,91541.442.92$177,356
Jul 201639233,00741.622.92$112,839

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.

Apr 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $ 98.93 =       $495
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $495

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/281085 is the state's own key, not one this site invented.