THELMA MOSLEY GAS UNIT

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

Gas lease lease 282978District 06Field 095913002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Aug 2017 – May 2026
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
106
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 405 leases and 405 wells, and the rule below applies to all of them.

Discovered
1978-01-03
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 40 acres. The field rule took effect on 2015-06-09.

The Commission's schedule remark for this field reads: LATERAL RULES.

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 Gas112018-02-26221352
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
CondensateDisposition2,153 bbl$130,629
GasProduction1,014,676 Mcf$3,390,082
Total$3,520,711

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 32.4875, -94.3973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48752, -94.39727 · 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
10,124 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 10,124 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-203352716H10,124 ftOct 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 (106)

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

106 months

May 2026215,011106.413.05$17,497
Apr 202605,01998.932.87$14,403
Mar 2026215,87189.753.15$20,375
Feb 2026203,25063.503.75$13,459
Jan 202605,27159.138.00$42,157
Dec 202505,33956.664.41$23,563
Nov 202505,37658.593.93$21,109
Oct 2025245,63359.383.30$20,041
Sep 202505,29162.743.08$16,280
Aug 202505,29863.933.01$15,972
Jul 202505,15166.743.32$17,077
Jun 202505,89666.483.13$18,447
May 202505,53360.553.23$17,884
Apr 2025214,46662.363.54$17,133
Mar 202505,24767.704.27$22,396
Feb 202504,92470.884.34$21,374
Jan 202505,55774.324.28$23,777
Dec 202405,48268.993.12$17,111
Nov 202405,47069.052.20$12,025
Oct 2024175,79171.372.28$14,425
Sep 202405,77669.612.36$13,657
Aug 202405,83575.632.06$12,041
Jul 2024216,59279.932.15$15,829
Jun 202428,54778.082.63$22,669
May 20240078.812.20$0
Apr 2024573,63684.451.66$10,847
Mar 202406,12680.301.55$9,465
Feb 2024215,62576.091.78$11,631
Jan 202406,08373.023.30$20,060
Dec 202306,15971.262.61$16,079
Nov 202305,98177.892.81$16,792
Oct 2023216,12485.443.09$20,701
Sep 202306,09089.042.74$16,656
Aug 202306,26280.522.67$16,738
Jul 202306,39274.852.64$16,886
Jun 2023186,10468.962.26$15,027
May 2023186,35970.622.23$15,435
Apr 202306,15678.122.24$13,776
Mar 2023195,85672.852.39$15,398
Feb 2023395,88975.112.47$17,450
Jan 202304,73176.533.39$16,027
Dec 2022216,80776.415.73$40,602
Nov 202207,01285.005.65$39,591
Oct 2022207,55687.185.86$46,050
Sep 2022217,59484.888.16$63,777
Aug 202208,05194.529.13$73,483
Jul 2022217,888101.587.54$61,625
Jun 202208,403115.097.98$67,032
May 2022238,768109.378.43$76,456
Apr 202298,219104.226.84$57,136
Mar 202288,725108.885.08$45,163
Feb 2022187,98291.054.86$40,422
Jan 202298,80481.844.54$40,686
Dec 2021198,58571.323.90$34,829
Nov 2021419,44177.435.24$52,616
Oct 2021209,41179.795.71$55,369
Sep 20212110,11469.865.35$55,586
Aug 20213710,56866.024.22$47,046
Jul 20211810,82870.783.98$44,392
Jun 20212010,41369.493.38$36,592
May 20211910,85563.483.02$33,963
Apr 20213210,69760.362.76$31,438
Mar 2021299,50361.302.72$27,597
Feb 2021156,97957.805.55$39,586
Jan 2021489,67650.412.81$29,612
Dec 2020239,57944.642.68$26,655
Nov 2020159,29538.772.71$25,739
Oct 2020439,59336.972.48$25,365
Sep 20202110,43837.091.99$21,561
Aug 20204211,00939.982.39$27,937
Jul 20204110,70638.371.83$21,113
Jun 20207010,62734.901.69$20,406
May 2020011,66716.921.81$21,173
Apr 20205610,98814.751.80$20,653
Mar 20203811,16230.341.86$21,872
Feb 20204110,37749.881.98$22,598
Jan 20204111,75657.252.09$26,973
Dec 20194812,12859.012.30$30,780
Nov 20191412,12755.302.75$34,132
Oct 20191713,09253.472.42$32,573
Sep 20193313,14455.052.66$36,744
Aug 20193813,34753.112.30$32,774
Jul 20191913,83156.272.46$35,094
Jun 20192013,16152.782.49$33,842
May 20192913,75658.482.74$39,392
Apr 20195514,98862.632.75$44,672
Mar 20192616,42856.803.06$51,781
Feb 20192213,27650.852.79$38,188
Jan 2019914,10946.033.23$45,961
Dec 2018612,46646.594.19$52,455
Nov 2018414,25352.934.24$60,605
Oct 2018225,36061.443.40$19,565
Sep 2018336,50459.543.11$22,179
Aug 20182516,18059.403.07$51,102
Jul 20184715,49665.142.93$48,494
Jun 20184615,43660.183.08$50,264
May 20183716,88065.382.90$51,385
Apr 20187717,94663.842.90$56,973
Mar 20184119,57961.222.79$57,074
Feb 20185218,09861.782.77$53,274
Jan 20187221,63762.874.01$91,276
Dec 2017023,74757.272.92$69,377
Nov 20174225,01655.423.12$80,337
Oct 20175824,40949.292.98$75,687
Sep 20172126,54347.523.09$82,944
Aug 201706,46445.373.00$19,420

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            21 bbl  × $106.41 =     $2,235
Gas                5,011 Mcf  × $  3.05 =    $15,263

────────────────────────────────────────────────────
Month total                                  $17,497

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/282978 is the state's own key, not one this site invented.