LITTLEJOHN

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

Gas lease lease 281841District 06Field 170080502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Oct 2016 – May 2026
Value, last 12 filed months
$372 k
at the published price for each month
Months reported
116
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 55 leases and 55 wells, and the rule below applies to all of them.

Discovered
1981-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 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 2014-10-28.

The Commission's schedule remark for this field reads: PER LOG OF SLAYTON UNIT WELL #1 (API 423-31974).

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 Gas112017-03-21220175
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
CondensateDisposition10,436 bbl$608,027
GasProduction2,399,617 Mcf$7,801,497
Total$8,409,524

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 32.2891, -95.0734. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28908, -95.07335 · 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
11,721 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 11,721 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-423323897H11,721 ftMay 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 (116)

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

116 months

May 202617,820106.413.05$23,925
Apr 202607,24398.932.87$20,785
Mar 202606,52389.753.15$20,544
Feb 202604,84163.503.75$18,155
Jan 20261777,01259.138.00$66,547
Dec 202508,03856.664.41$35,475
Nov 202507,67258.593.93$30,124
Oct 202508,33759.383.30$27,552
Sep 20251708,12462.743.08$35,663
Aug 202508,59263.933.01$25,903
Jul 202508,79466.743.32$29,154
Jun 20251738,48266.483.13$38,039
May 202509,41860.553.23$30,442
Apr 202509,13662.363.54$32,370
Mar 20251749,42267.704.27$51,996
Feb 202508,61670.884.34$37,401
Jan 2025010,27374.324.28$43,955
Dec 202416910,90368.993.12$45,692
Nov 2024010,32569.052.20$22,699
Oct 202409,81471.372.28$22,390
Sep 20241769,50969.612.36$34,734
Aug 202409,67475.632.06$19,964
Jul 202417210,51679.932.15$36,322
Jun 2024014,94278.082.63$39,357
May 20240078.812.20$0
Apr 2024010984.451.66$181
Mar 20241717,71180.301.55$25,646
Feb 202407,67376.091.78$13,686
Jan 202407,86473.023.30$25,933
Dec 20231778,59671.262.61$35,055
Nov 202308,53977.892.81$23,974
Oct 202309,12685.443.09$28,175
Sep 202308,89989.042.74$24,339
Aug 202308,95580.522.67$23,936
Jul 202309,79074.852.64$25,863
Jun 202309,54268.962.26$21,550
May 2023010,38770.622.23$23,136
Apr 202317910,21578.122.24$36,842
Mar 2023010,51172.852.39$25,155
Feb 2023010,20875.112.47$25,170
Jan 20231668,95276.533.39$43,031
Dec 2022011,17976.415.73$64,045
Nov 202215110,84885.005.65$74,085
Oct 2022011,73087.185.86$68,782
Sep 2022010,85984.888.16$88,649
Aug 202214512,76994.529.13$130,250
Jul 2022012,504101.587.54$94,306
Jun 202216812,036115.097.98$115,349
May 2022012,541109.378.43$105,759
Apr 2022011,883104.226.84$81,251
Mar 202216311,626108.885.08$76,766
Feb 2022010,52191.054.86$51,120
Jan 2022012,40581.844.54$56,290
Dec 202117112,05071.323.90$59,180
Nov 2021011,80477.435.24$61,816
Oct 2021012,68379.795.71$72,469
Sep 202117412,63769.865.35$79,775
Aug 2021014,01066.024.22$59,130
Jul 202117613,64170.783.98$66,777
Jun 2021013,54869.493.38$45,801
May 2021013,80663.483.02$41,662
Apr 202117313,95160.362.76$48,925
Mar 2021014,80161.302.72$40,213
Feb 202116411,28157.805.55$72,066
Jan 2021014,39150.412.81$40,443
Dec 2020015,79444.642.68$42,256
Nov 202016815,27238.772.71$47,848
Oct 2020015,82336.972.48$39,216
Sep 202017715,76737.091.99$37,958
Aug 2020017,13739.982.39$40,873
Jul 2020017,48038.371.83$31,903
Jun 202018317,66634.901.69$36,248
May 2020018,98816.921.81$34,458
Apr 202025218,88214.751.80$37,787
Mar 2020020,35830.341.86$37,789
Feb 202017619,93249.881.98$48,258
Jan 202017819,86557.252.09$51,803
Dec 2019020,39459.012.30$46,995
Nov 201917819,90455.302.75$64,593
Oct 2019021,15353.472.42$51,159
Sep 201917621,16055.052.66$65,917
Aug 2019122,53353.112.30$51,977
Jul 2019023,63156.272.46$58,134
Jun 201917322,58252.782.49$65,387
May 201918123,72858.482.74$75,607
Apr 2019023,80062.632.75$65,467
Mar 201916525,69056.803.06$88,037
Feb 201917623,98950.852.79$75,932
Jan 201915627,22946.033.23$95,081
Dec 201815927,05246.594.19$120,632
Nov 2018026,38452.934.24$111,795
Oct 201818029,28361.443.40$110,565
Sep 201818430,78359.543.11$106,629
Aug 2018032,38359.403.07$99,304
Jul 201818432,21965.142.93$106,448
Jun 2018031,21960.183.08$96,058
May 201818532,59065.382.90$106,632
Apr 201818532,76463.842.90$106,852
Mar 2018035,60061.222.79$99,212
Feb 201836932,17061.782.77$111,783
Jan 201818635,88462.874.01$155,564
Dec 201718239,96957.272.92$127,193
Nov 201718637,87155.423.12$128,404
Oct 201718436,54249.292.98$118,099
Sep 201736637,25047.523.09$132,394
Aug 201718339,08345.373.00$125,724
Jul 201754843,33343.873.09$157,822
Jun 201736350,06842.493.09$169,998
May 201718254,19545.373.26$185,117
Apr 2017065,96647.933.21$211,856
Mar 2017060,41646.772.98$180,262
Feb 201718766,77550.452.95$206,594
Jan 201718284,12349.413.42$296,592
Dec 2016374105,68448.763.72$411,680
Nov 2016136117,51342.492.64$316,524
Oct 2016143,13446.193.09$133,341

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             1 bbl  × $106.41 =       $106
Gas                7,820 Mcf  × $  3.05 =    $23,818

────────────────────────────────────────────────────
Month total                                  $23,925

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/281841 is the state's own key, not one this site invented.