LOFTIS

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

Gas lease lease 68832District 06Field 38293094CondensateGasSaveExport
Value, all time
$993 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1973-09-01
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1991-08-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/91.

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
CondensateDisposition642 bbl$37,768
GasProduction190,263 Mcf$954,907
Total$992,676

25,783 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4618, -94.6041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46178, -94.60412 · 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
10,730 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 10,730 ft.

1 well

42-20330237110,730 ft

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017020349.413.42$694
Dec 2016049648.763.72$1,847
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201501542.892.93$44
Feb 2015010444.662.98$310
Jan 2015011443.433.10$353
Dec 2014015254.693.59$546
Nov 2014031070.464.25$1,318
Oct 2014014978.303.90$581
Sep 2014017486.164.05$704
Aug 2014019389.394.04$779
Jul 2014010396.564.18$431
Jun 201408998.164.74$422
May 2014010194.734.73$477
Apr 2014025595.944.81$1,226
Mar 201408195.895.06$410
Feb 2014010297.406.19$632
Jan 2014011390.404.86$549
Dec 2013011791.824.35$509
Nov 2013014288.853.74$531
Oct 2013013097.423.78$491
Sep 20130172104.113.72$639
Aug 20130175104.253.52$616
Jul 20130174102.523.72$647
Jun 2013019294.403.93$755
May 2013020094.834.15$830
Apr 2013020993.964.28$895
Mar 2013029793.623.91$1,162
Feb 2013036791.233.42$1,255
Jan 2013046691.603.42$1,594
Dec 2012022886.773.42$780
Nov 2012027586.953.62$997
Oct 2012017489.383.40$592
Sep 2012023894.672.92$695
Aug 2012042692.662.91$1,239
Jul 2012031385.133.02$946
Jun 2012023179.822.52$582
May 2012026891.612.49$667
Apr 20120222101.652.00$443
Mar 20120161105.052.22$358
Feb 20120192101.102.57$493
Jan 2012020298.092.73$552
Dec 2011020996.873.24$677
Nov 2011024495.723.31$808
Oct 2011023584.983.65$857
Sep 2011023983.623.99$953
Aug 2011023383.404.15$967
Jul 2011023294.144.52$1,048
Jun 2011026092.904.64$1,206
May 2011028898.134.40$1,269
Apr 20110281105.964.33$1,218
Mar 2011030796.364.06$1,246
Feb 2011032685.644.18$1,363
Jan 2011036486.504.59$1,670
Dec 2010034385.734.35$1,491
Nov 2010036380.843.80$1,378
Oct 2010036078.103.51$1,263
Sep 2010038972.633.98$1,548
Aug 2010037973.684.42$1,675
Jul 2010038572.554.74$1,824
Jun 2010040770.364.91$1,999
May 2010050571.124.24$2,139
Apr 2010047681.694.12$1,962
Mar 2010061278.394.39$2,686
Feb 2010056973.585.44$3,097
Jan 2010067174.365.96$4,002
Dec 2009065771.445.48$3,603
Nov 2009085674.593.75$3,211
Oct 2009089072.544.11$3,658
Sep 2009250865.543.06$1,688
Aug 2009273667.423.22$2,504
Jul 2009287561.133.46$3,154
Jun 2009267466.163.90$2,758
May 2009481854.743.93$3,430
Apr 200961,21146.773.59$4,625
Mar 200961,24042.144.06$5,286
Feb 200961,20432.814.63$5,775
Jan 200971,32635.865.37$7,373
Dec 200861,27637.105.98$7,849
Nov 200851,18955.496.86$8,434
Oct 200871,23675.246.92$9,082
Sep 200851,177101.767.88$9,780
Aug 200861,247114.228.48$11,264
Jul 200851,227131.0811.39$14,630
Jun 200861,209131.3313.03$16,544
May 200861,284123.1711.57$15,600
Apr 2008201,193110.3110.45$14,679
Mar 2008171,198101.909.66$13,310
Feb 200841,07592.538.77$9,798
Jan 2008281,19190.388.21$12,304
Dec 2007372,06788.337.30$18,361
Nov 2007102,10391.677.29$16,251
Oct 2007111,42182.856.92$10,747
Sep 2007251,41275.846.24$10,713
Aug 2007291,40269.066.39$10,959
Jul 2007411,87270.906.39$14,865
Jun 2007261,13562.007.55$10,179
May 2007101,53958.747.85$12,663
Apr 2007101,44859.617.81$11,898
Mar 200761,53656.927.30$11,557
Feb 2007121,37955.108.22$11,991
Jan 200791,57150.306.73$11,021
Dec 200691,55756.656.92$11,282
Nov 2006101,58654.207.62$12,623
Oct 200681,68354.906.01$10,560
Sep 200671,52460.085.04$8,097
Aug 200661,50368.717.34$11,444
Jul 200691,56769.376.34$10,563
Jun 200661,40866.286.38$9,386
May 200671,41566.016.42$9,553
Apr 2006101,36564.397.36$10,691
Mar 2006101,49056.707.08$11,121
Feb 200681,36657.597.75$11,049
Jan 200601,43660.598.93$12,828
Dec 200501,23354.9413.42$16,541
Nov 200501,34854.6910.59$14,273
Oct 200501,22758.3413.80$16,927
Sep 2005093361.4512.08$11,270
Aug 200501,44861.519.80$14,186
Jul 200501,52655.697.84$11,969
Jun 200501,65452.337.38$12,208
May 200501,56145.226.65$10,382
Apr 200501,60949.207.36$11,843
Mar 200501,75750.377.15$12,571
Feb 200501,46545.226.31$9,247
Jan 200501,74243.166.32$11,013
Dec 200401,83339.866.75$12,375
Nov 200401,35645.286.33$8,584
Oct 200401,62349.706.52$10,574
Sep 200401,67843.245.28$8,866
Aug 200401,78042.375.55$9,880
Jul 200401,73238.286.08$10,538
Jun 200401,67136.106.43$10,750
May 200401,82037.486.49$11,820
Apr 200401,83534.475.86$10,750
Mar 200402,02434.365.53$11,193
Feb 200401,85232.455.51$10,204
Jan 200401,72832.036.30$10,886
Dec 200302,77330.266.30$17,474
Nov 200303,07028.804.60$14,107
Oct 200304,22228.174.76$20,095
Sep 20031371626.314.75$3,743
Aug 2003012529.765.13$641
Jul 2003012529.415.17$646
Jun 2003013828.565.98$826
May 2003013226.595.97$788
Apr 2003018326.675.41$990
Mar 2003041331.146.10$2,518
Feb 2003010933.487.93$864
Jan 2003016430.315.58$915
Dec 2002015026.914.85$728
Nov 2002012224.664.14$505
Oct 200205226.464.23$220
Sep 200207227.443.64$262
Aug 200206325.963.16$199
Jul 200207524.583.06$230
Jun 2002015223.733.34$507
May 2002015824.663.58$566
Apr 2002015623.653.51$548
Mar 2002017222.003.10$534
Feb 2002039918.222.38$948
Jan 2002055217.172.38$1,311
Dec 2001035216.932.36$832
Nov 2001071418.072.41$1,718
Oct 2001073819.782.53$1,866
Sep 2001023524.262.25$529
Aug 2001026024.873.05$794
Jul 2001020223.933.20$646
Jun 2001026024.563.82$994
May 2001025325.524.31$1,090
Apr 2001044524.685.34$2,374
Mar 2001070724.545.38$3,801
Feb 20010027.755.77$0
Jan 2001117327.478.40$1,480
Dec 2000095226.889.12$8,685
Nov 2000097932.215.66$5,539
Oct 2000060731.235.15$3,123
Sep 2000050431.875.19$2,614
Aug 200001,17329.644.54$5,326
Jul 2000074628.534.09$3,051
Jun 2000098029.304.40$4,309
May 2000097527.263.68$3,588
Apr 200001,16624.513.12$3,633
Mar 200001,39528.422.86$3,989
Feb 200001,29727.622.73$3,536
Jan 200001,47525.272.48$3,659
Dec 199901,90824.282.42$4,624
Nov 199901,66423.192.43$4,050
Oct 1999024420.982.80$684
Sep 199905421.752.62$141
Aug 1999022119.262.88$636
Jul 1999016217.892.37$384
Jun 199904215.942.36$99
May 1999030315.792.32$703
Apr 199905715.102.21$126
Mar 1999062412.471.84$1,147
Feb 199901,7669.981.82$3,210
Jan 1999034610.381.90$657
Dec 19980409.201.77$71
Nov 1998010410.892.19$227
Oct 1998032612.421.97$642
Sep 1998076412.592.08$1,591
Aug 1998099711.301.91$1,902
Jul 199801,95311.742.24$4,369
Jun 199802,36811.242.24$5,298
May 199801,27812.622.21$2,820
Apr 19980813.042.51$20
Mar 199803112.802.31$72
Feb 19980613.952.30$14
Jan 19980014.702.15$0
Dec 19970716.322.41$17
Nov 199701318.193.09$40
Oct 199701219.253.15$38
Sep 199708217.742.95$242
Aug 199701717.862.55$43
Jul 199702617.582.25$58
Jun 199701217.242.26$27
May 1997017118.972.31$395
Apr 199704917.882.08$102
Mar 1997011618.951.94$225
Feb 199704720.492.21$104
Jan 199706223.483.54$219
Dec 199605823.32$0
Nov 199607921.97$0
Oct 199608223.31$0
Sep 199601222.22$0
Aug 199601320.26$0
Jul 199601219.55$0
Jun 199601918.73$0
May 199609519.43$0
Apr 1996097821.51$0
Mar 1996050919.38$0
Feb 1996048516.98$0
Jan 1996058717.07$0
Dec 1995055917.19$0
Nov 1995060016.00$0
Oct 1995046915.43$0
Sep 1995051916.18$0
Aug 1995027715.92$0
Jul 1995025615.24$0
Jun 1995038016.41$0
May 1995056117.56$0
Apr 1995060817.73$0
Mar 1995021416.44$0
Feb 19950216.58$0
Jan 199509015.92$0
Dec 199409815.03$0
Nov 1994045215.90$0
Oct 1994052915.58$0
Sep 1994044515.29$0
Aug 199401,01216.13$0
Jul 199401,42917.56$0
Jun 199405817.09$0
May 1994025015.88$0
Apr 199401,02114.14$0
Mar 1994034612.46$0
Feb 1994014512.50$0
Jan 19940012.66$0
Dec 199305312.33$0
Nov 1993050914.49$0
Oct 1993141,24115.85$222
Sep 1993047715.03$0
Aug 199301,06115.66$0
Jul 199301,51015.46$0
Jun 199301,51816.79$0
May 19931461,39217.68$2,581
Apr 199301,19918.05$0
Mar 199301,12418.14$0
Feb 199301,24617.90$0
Jan 199301,20416.93$0

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.

Jan 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                  203 Mcf  × $  3.42 =       $694

────────────────────────────────────────────────────
Month total                                     $694

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/68832 is the state's own key, not one this site invented.