J. W. WILTCHER 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 281478District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Jul 2016 – May 2026
Value, last 12 filed months
$617 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 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 Gas112016-12-29219859
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
CondensateDisposition27,565 bbl$1,612,335
GasProduction2,876,088 Mcf$9,350,072
Total$10,962,407

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 32.1103, -94.4344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11034, -94.43436 · 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
9,403 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 9,403 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-365383029H9,403 ftOct 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 20264710,093106.413.05$35,743
Apr 20265710,48098.932.87$35,714
Mar 20264610,11689.753.15$35,988
Feb 2026488,73363.503.75$35,800
Jan 20269610,60459.138.00$90,486
Dec 20258513,42756.664.41$64,074
Nov 202513513,09458.593.93$59,322
Oct 202513413,39659.383.30$52,229
Sep 20257213,77262.743.08$46,893
Aug 202510714,02863.933.01$49,132
Jul 202514714,66166.743.32$58,415
Jun 202510314,89766.483.13$53,456
May 202510613,93160.553.23$51,448
Apr 202513613,42162.363.54$56,033
Mar 202515315,69067.704.27$77,328
Feb 202514413,91070.884.34$70,588
Jan 202514615,80874.324.28$78,488
Dec 202417915,25568.993.12$59,966
Nov 202411614,47469.052.20$39,830
Oct 20248615,55171.372.28$41,616
Sep 202414514,85069.612.36$45,204
Aug 2024168,83475.632.06$19,440
Jul 202413079.932.15$1,039
Jun 2024441,98378.082.63$8,659
May 202417216,51678.812.20$49,865
Apr 202412915,57084.451.66$36,728
Mar 202416216,30380.301.55$38,199
Feb 202415715,72276.091.78$39,989
Jan 202412616,17673.023.30$62,543
Dec 202315115,72871.262.61$51,822
Nov 20238816,66677.892.81$53,645
Oct 202321217,57485.443.09$72,369
Sep 202311017,32989.042.74$57,190
Aug 202315217,44780.522.67$58,873
Jul 202316117,22974.852.64$57,566
Jun 202312816,83568.962.26$46,848
May 20231177,89170.622.23$25,839
Apr 202316617,61178.122.24$52,377
Mar 202320418,43872.852.39$58,986
Feb 202313115,73075.112.47$48,625
Jan 202313410,32076.533.39$45,216
Dec 202217216,66976.415.73$108,641
Nov 202212814,31685.005.65$91,711
Oct 202211311,54787.185.86$77,560
Sep 202212012,05984.888.16$108,631
Aug 202211613,58494.529.13$134,948
Jul 202210013,706101.587.54$113,530
Jun 202212114,690115.097.98$131,111
May 202214415,990109.378.43$150,594
Apr 202211615,331104.226.84$116,917
Mar 202215816,316108.885.08$100,030
Feb 202215715,91691.054.86$91,628
Jan 202217117,46381.844.54$93,236
Dec 20219422,15771.323.90$93,097
Nov 20217820,27877.435.24$112,232
Oct 20217721,55979.795.71$129,329
Sep 20214518,44269.865.35$101,825
Aug 20217520,62966.024.22$92,018
Jul 20217417,44770.783.98$74,713
Jun 20215019,96769.493.38$70,975
May 202111719,72763.483.02$66,957
Apr 20219615,81160.362.76$49,408
Mar 202110413,33161.302.72$42,595
Feb 2021939,76757.805.55$59,562
Jan 202115812,60150.412.81$43,377
Dec 202016019,16144.642.68$58,407
Nov 202020922,59838.772.71$69,266
Oct 202013419,71136.972.48$53,806
Sep 202018819,99837.091.99$46,790
Aug 202017817,90939.982.39$49,831
Jul 202015819,21538.371.83$41,132
Jun 202022220,11034.901.69$41,740
May 202010120,29016.921.81$38,530
Apr 202034420,46214.751.80$41,995
Mar 202020225,22030.341.86$52,943
Feb 202033326,89349.881.98$69,876
Jan 202022432,97857.252.09$81,904
Dec 201931527,98559.012.30$83,076
Nov 201920224,85355.302.75$79,534
Oct 201920028,23053.472.42$78,969
Sep 201921024,43455.052.66$76,488
Aug 201924826,09153.112.30$73,294
Jul 201922521,79756.272.46$66,283
Jun 201921125,58452.782.49$74,871
May 201920022,67958.482.74$73,844
Apr 201926222,46562.632.75$78,204
Mar 201930826,72956.803.06$99,341
Feb 201934429,42850.852.79$99,662
Jan 201939032,73646.033.23$123,629
Dec 201837332,88746.594.19$155,025
Nov 201842629,39152.934.24$147,085
Oct 201834725,72861.443.40$108,745
Sep 201831328,61659.543.11$107,575
Aug 201827312,32059.403.07$53,996
Jul 201857329,57165.142.93$124,024
Jun 201844933,43760.183.08$129,904
May 201865536,30065.382.90$148,123
Apr 201884140,70963.842.90$171,778
Mar 201881141,55461.222.79$165,454
Feb 201881838,61161.782.77$157,339
Jan 201886744,05662.874.01$231,143
Dec 201769744,18657.272.92$169,007
Nov 201731338,69855.423.12$138,021
Oct 201737142,43649.292.98$144,902
Sep 201743043,26847.523.09$154,014
Aug 201740546,81845.373.00$159,035
Jul 201739048,09843.873.09$165,601
Jun 201736935,49842.493.09$125,271
May 201758750,02345.373.26$189,877
Apr 201741461,85647.933.21$218,500
Mar 201746164,50346.772.98$214,017
Feb 201744855,23950.452.95$185,700
Jan 201748363,11449.413.42$239,639
Dec 201640364,67748.763.72$260,432
Nov 201644563,20142.492.64$186,034
Oct 201654973,69346.193.09$253,089
Sep 2016620103,87941.553.10$347,851
Aug 201626646,72141.442.92$147,651
Jul 20166210,04841.622.92$31,964

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            47 bbl  × $106.41 =     $5,001
Gas               10,093 Mcf  × $  3.05 =    $30,742

────────────────────────────────────────────────────
Month total                                  $35,743

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/281478 is the state's own key, not one this site invented.