MELTON

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

Gas lease lease 80481District 06Field 67849220Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 k
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 28 leases and 28 wells, and the rule below applies to all of them.

Discovered
1974-10-17
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET 06-0263730, ALLOCATION FORMULA IS SUSPENDED.

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
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
CondensateDisposition5,643 bbl$314,991
GasProduction643,174 Mcf$2,220,272
Total$2,535,263

183,085 Mcf of this lease's gas, across 48 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 32.1439, -95.0240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14391, -95.02402 · 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
12,321 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 12,321 ft.

Completions filed
Jun 1978
1 of 1 wells

1 well

42-42330295112,321 ftJun 1978

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 20260401106.413.05$1,221
Apr 2026046498.932.87$1,332
Mar 2026048089.753.15$1,512
Feb 2026043163.503.75$1,616
Jan 2026057959.138.00$4,631
Dec 2025030456.664.41$1,342
Nov 2025041958.593.93$1,645
Oct 2025067159.383.30$2,218
Sep 2025039862.743.08$1,225
Aug 2025037163.933.01$1,118
Jul 2025040766.743.32$1,349
Jun 2025040066.483.13$1,251
May 2025038160.553.23$1,232
Apr 2025043862.363.54$1,552
Mar 2025055067.704.27$2,348
Feb 2025021570.884.34$933
Jan 2025026974.324.28$1,151
Dec 2024026668.993.12$830
Nov 2024025169.052.20$552
Oct 2024024771.372.28$564
Sep 2024025169.612.36$593
Aug 2024027475.632.06$565
Jul 2024029379.932.15$629
Jun 2024033478.082.63$880
May 2024029778.812.20$653
Apr 2024034884.451.66$577
Mar 2024038180.301.55$589
Feb 2024046476.091.78$828
Jan 2024040873.023.30$1,345
Dec 2023038371.262.61$1,000
Nov 2023031977.892.81$896
Oct 2023024085.443.09$741
Sep 2023035089.042.74$957
Aug 2023032180.522.67$858
Jul 2023034374.852.64$906
Jun 2023033468.962.26$754
May 2023034770.622.23$773
Apr 2023034478.122.24$770
Mar 2023034872.852.39$833
Feb 2023030775.112.47$757
Jan 2023024176.533.39$816
Dec 2022022676.415.73$1,295
Nov 2022029285.005.65$1,649
Oct 2022028487.185.86$1,665
Sep 2022027484.888.16$2,237
Aug 2022025294.529.13$2,300
Jul 20220314101.587.54$2,368
Jun 20220396115.097.98$3,159
May 20220282109.378.43$2,378
Apr 20220313104.226.84$2,140
Mar 20220385108.885.08$1,954
Feb 2022018591.054.86$899
Jan 2022021681.844.54$980
Dec 2021018271.323.90$710
Nov 2021032877.435.24$1,718
Oct 2021038879.795.71$2,217
Sep 2021036369.865.35$1,942
Aug 2021059066.024.22$2,490
Jul 2021042670.783.98$1,696
Jun 2021069369.493.38$2,343
May 2021023663.483.02$712
Apr 2021024160.362.76$665
Mar 2021057461.302.72$1,560
Feb 2021046757.805.55$2,591
Jan 2021046850.412.81$1,315
Dec 2020023144.642.68$618
Nov 2020027038.772.71$731
Oct 2020026736.972.48$662
Sep 2020027737.091.99$552
Aug 2020021939.982.39$522
Jul 2020020838.371.83$380
Jun 2020037834.901.69$639
May 2020023216.921.81$421
Apr 2020021114.751.80$381
Mar 2020024230.341.86$449
Feb 2020041749.881.98$826
Jan 2020040857.252.09$855
Dec 2019042159.012.30$970
Nov 2019035455.302.75$974
Oct 2019039653.472.42$958
Sep 2019038555.052.66$1,023
Aug 2019038053.112.30$876
Jul 2019043856.272.46$1,078
Jun 2019038652.782.49$962
May 2019042258.482.74$1,156
Apr 2019029062.632.75$798
Mar 2019057456.803.06$1,758
Feb 2019041550.852.79$1,159
Jan 2019046646.033.23$1,504
Dec 2018039746.594.19$1,662
Nov 2018015952.934.24$674
Oct 2018025961.443.40$880
Sep 2018056659.543.11$1,759
Aug 2018056559.403.07$1,733
Jul 2018060265.142.93$1,765
Jun 2018052560.183.08$1,615
May 201817757365.382.90$13,234
Apr 201817858963.842.90$13,072
Mar 2018064361.222.79$1,792
Feb 2018029661.782.77$819
Jan 2018051662.874.01$2,069
Dec 2017049357.272.92$1,440
Nov 2017056255.423.12$1,753
Oct 2017062249.292.98$1,856
Sep 2017063747.523.09$1,967
Aug 2017065245.373.00$1,959
Jul 2017043943.873.09$1,355
Jun 2017050942.493.09$1,571
May 2017073345.373.26$2,392
Apr 201718866047.933.21$11,131
Mar 2017049246.772.98$1,468
Feb 2017038950.452.95$1,149
Jan 201718632949.413.42$10,315
Dec 2016245948.763.72$1,806
Nov 201617843242.492.64$8,706
Oct 201617736646.193.09$9,307
Sep 2016044741.553.10$1,386
Aug 201617758941.442.92$9,057
Jul 201617645441.622.92$8,653
Jun 201618050245.352.69$9,511
May 2016048142.521.99$958
Apr 2016051636.561.99$1,027
Mar 2016048633.011.79$872
Feb 2016045126.472.06$931
Jan 2016057727.352.36$1,364
Dec 2015048032.362.00$961
Nov 201515551338.792.17$7,124
Oct 2015049543.552.43$1,201
Sep 2015040742.992.76$1,123
Aug 2015044340.162.87$1,273
Jul 2015048948.152.95$1,440
Jun 2015058256.152.88$1,678
May 201516751455.212.96$10,739
Apr 2015153149.822.71$1,487
Mar 2015049742.892.93$1,459
Feb 2015045144.662.98$1,342
Jan 2015053043.433.10$1,643
Dec 2014054054.693.59$1,939
Nov 2014145070.464.25$1,984
Oct 2014047778.303.90$1,861
Sep 201418947586.164.05$18,206
Aug 2014057089.394.04$2,300
Jul 2014056496.564.18$2,357
Jun 2014053898.164.74$2,548
May 2014061894.734.73$2,921
Apr 2014042495.944.81$2,039
Mar 201419147295.895.06$20,702
Feb 2014046797.406.19$2,892
Jan 2014042690.404.86$2,071
Dec 2013055391.824.35$2,408
Nov 201318856688.853.74$18,820
Oct 2013067097.423.78$2,532
Sep 20130492104.113.72$1,829
Aug 20130560104.253.52$1,973
Jul 20130567102.523.72$2,108
Jun 2013053894.403.93$2,116
May 2013051694.834.15$2,141
Apr 2013062893.964.28$2,689
Mar 2013070693.623.91$2,762
Feb 20137163591.233.42$8,649
Jan 2013065891.603.42$2,250
Dec 201217667086.773.42$17,563
Nov 2012066886.953.62$2,421
Oct 2012191589.383.40$3,200
Sep 2012075494.672.92$2,200
Aug 201215979792.662.91$17,051
Jul 2012073585.133.02$2,220
Jun 201215074379.822.52$13,845
May 2012089691.612.49$2,230
Apr 201201,095101.652.00$2,187
Mar 201201,718105.052.22$3,818
Feb 2012183993101.102.57$21,054
Jan 2012183798.092.73$2,387
Dec 2011088196.873.24$2,854
Nov 201101,10795.723.31$3,666
Oct 201101,01784.983.65$3,711
Sep 201101,11983.623.99$4,460
Aug 201111,26883.404.15$5,345
Jul 201101,03094.144.52$4,653
Jun 201101,20492.904.64$5,586
May 201101,15698.134.40$5,092
Apr 201101,302105.964.33$5,642
Mar 201101,40996.364.06$5,717
Feb 201111,18085.644.18$5,018
Jan 201101,39986.504.59$6,420
Dec 201001,30385.734.35$5,665
Nov 201001,16480.843.80$4,418
Oct 201001,16678.103.51$4,091
Sep 201011,50672.633.98$6,066
Aug 201001,31873.684.42$5,825
Jul 201001,32272.554.74$6,262
Jun 201001,32470.364.91$6,501
May 201001,21271.124.24$5,133
Apr 201001,22381.694.12$5,042
Mar 20101851,31778.394.39$20,282
Feb 201001,07973.585.44$5,872
Jan 201001,22274.365.96$7,288
Dec 200901,42671.445.48$7,820
Nov 20091281,69174.593.75$15,891
Oct 200901,28772.544.11$5,290
Sep 200901,51465.543.06$4,640
Aug 200902,39467.423.22$7,705
Jul 200901,71361.133.46$5,935
Jun 200901,48566.163.90$5,784
May 200901,51454.743.93$5,944
Apr 200901,42146.773.59$5,098
Mar 200901,76442.144.06$7,160
Feb 200902,04932.814.63$9,493
Jan 200902,33835.865.37$12,557
Dec 20081682,50237.105.98$21,188
Nov 200801,17555.496.86$8,061
Oct 200811,03975.246.92$7,267
Sep 200801,319101.767.88$10,390
Aug 200811,232114.228.48$10,565
Jul 200801,763131.0811.39$20,080
Jun 200802,031131.3313.03$26,469
May 200802,281123.1711.57$26,401
Apr 200802,307110.3110.45$24,119
Mar 200802,426101.909.66$23,445
Feb 200802,35292.538.77$20,628
Jan 200802,36490.388.21$19,398
Dec 200712,42788.337.30$17,810
Nov 200702,17491.677.29$15,852
Oct 200702,38482.856.92$16,502
Sep 200702,46575.846.24$15,392
Aug 200702,62269.066.39$16,749
Jul 200702,26170.906.39$14,443
Jun 200701,41562.007.55$10,681
May 200701,47558.747.85$11,573
Apr 20071811,43959.617.81$22,021
Mar 200701,72356.927.30$12,581
Feb 200701,98955.108.22$16,342
Jan 200703,19250.306.73$21,472
Dec 2006068856.656.92$4,760
Nov 20060054.207.62$0
Oct 200611,09254.906.01$6,622
Sep 200603,35760.085.04$16,910
Aug 200603,50168.717.34$25,697
Jul 200603,05569.376.34$19,377
Jun 20061142,70366.286.38$24,812
May 200602,88966.016.42$18,562
Apr 20061572,84064.397.36$31,013
Mar 200602,97256.707.08$21,050
Feb 200602,80857.597.75$21,765
Jan 200602,23860.598.93$19,993
Dec 200502,58854.9413.42$34,719
Nov 200502,61654.6910.59$27,699
Oct 20051542,88958.3413.80$48,840
Sep 200502,73461.4512.08$33,024
Aug 200502,90261.519.80$28,430
Jul 200502,96655.697.84$23,264
Jun 20051403,31752.337.38$31,809
May 200502,80445.226.65$18,650
Apr 200502,94249.207.36$21,655
Mar 200503,10650.377.15$22,223
Feb 200502,97045.226.31$18,746
Jan 20051633,37143.166.32$28,347
Dec 200403,23939.866.75$21,867
Nov 200403,20245.286.33$20,270
Oct 200403,78249.706.52$24,640
Sep 200405,04043.245.28$26,631
Aug 200401,27242.375.55$7,060
Jul 200402,44338.286.08$14,864
Jun 200402,45536.106.43$15,793
May 200402,59237.486.49$16,834
Apr 200403,24634.475.86$19,017
Mar 200401,85334.365.53$10,247
Feb 200401,56132.455.51$8,601
Jan 200402,04832.036.30$12,902
Dec 200301,58630.266.30$9,994
Nov 200302,66828.804.60$12,260
Oct 200303,18828.174.76$15,174
Sep 200313,29526.314.75$15,675
Aug 200303,91729.765.13$20,093
Jul 200302,75829.415.17$14,261
Jun 200302,40228.565.98$14,371
May 200302,23426.595.97$13,343
Apr 200302,48126.675.41$13,415
Mar 200312,85331.146.10$17,423
Feb 200302,46333.487.93$19,521
Jan 200303,26230.315.58$18,209
Dec 200213,59126.914.85$17,457
Nov 200223,82024.664.14$15,853
Oct 200201,95526.464.23$8,268
Sep 200202,25827.443.64$8,208
Aug 200212,22525.963.16$7,066
Jul 200222,07524.583.06$6,402
Jun 2002111923.733.34$2,664
May 200231,53924.663.58$5,590
Apr 200231,62823.653.51$5,789
Mar 200241,39922.003.10$4,429
Feb 200221,36418.222.38$3,277
Jan 200231,29517.172.38$3,128
Dec 200132,25116.932.36$5,373
Nov 200122,29018.072.41$5,545
Oct 200132,41919.782.53$6,177
Sep 200112,79424.262.25$6,314
Aug 200111,68824.873.05$5,179
Jul 200133,40023.933.20$10,942
Jun 200111,46624.563.82$5,631
May 200101,84425.524.31$7,943
Apr 200122,94224.685.34$15,746
Mar 200132,69624.545.38$14,569
Feb 200101,09427.755.77$6,309
Jan 200121,35827.478.40$11,460
Dec 200012,11726.889.12$19,339
Nov 200022,66632.215.66$15,149
Oct 200011,89031.235.15$9,756
Sep 2000062331.875.19$3,231
Aug 200002929.644.54$132
Jul 2000027128.534.09$1,108
Jun 2000015929.304.40$699
May 2000028827.263.68$1,060
Apr 200001,26024.513.12$3,926
Mar 2000052028.422.86$1,487
Feb 2000034527.622.73$941
Jan 2000049825.272.48$1,235
Dec 1999064824.282.42$1,571
Nov 199902,49523.192.43$6,073
Oct 199901,24420.982.80$3,488
Sep 1999057421.752.62$1,503
Aug 199912,74819.262.88$7,921
Jul 199901,96517.892.37$4,662
Jun 199901,40415.942.36$3,316
May 199901,61515.792.32$3,748
Apr 1999089015.102.21$1,965
Mar 199902,96012.471.84$5,441
Feb 199902,4509.981.82$4,454
Jan 199911,25910.381.90$2,402
Dec 199811,9769.201.77$3,513
Nov 199801,80510.892.19$3,945
Oct 199813,33712.421.97$6,584
Sep 199801,92812.592.08$4,015
Aug 199812,60411.301.91$4,978
Jul 199811,70911.742.24$3,835
Jun 19981682,72911.242.24$7,994
May 199813,53212.622.21$7,805
Apr 199803,50913.042.51$8,791
Mar 199802,41512.802.31$5,577
Feb 199802,96713.952.30$6,822
Jan 199812,22214.702.15$4,803
Dec 199704,08316.322.41$9,845
Nov 199711,79718.193.09$5,568
Oct 199714,87719.253.15$15,381
Sep 199704,74517.742.95$14,021
Aug 199714,47317.862.55$11,445
Jul 199703,27917.582.25$7,368
Jun 199713,37817.242.26$7,642
May 199712,97618.972.31$6,889
Apr 199713,86717.882.08$8,072
Mar 199702,21418.951.94$4,293
Feb 199713,20320.492.21$7,086
Jan 199703,41623.483.54$12,092
Dec 19961843,30823.32$4,291
Nov 199614,34621.97$22
Oct 199614,20823.31$23
Sep 199615,61422.22$22
Aug 199623,27320.26$41
Jul 199612,73019.55$20
Jun 199601,21918.73$0
May 199614,95719.43$19
Apr 199615,70621.51$22
Mar 19961623,93519.38$3,140
Feb 199613,90116.98$17
Jan 199602,25017.07$0
Dec 199514,53617.19$17
Nov 199522,77916.00$32
Oct 199513,55515.43$15
Sep 199514,51216.18$16
Aug 199503,90715.92$0
Jul 199512,55515.24$15
Jun 199503,14916.41$0
May 199503,86917.56$0
Apr 199502,98617.73$0
Mar 199503,25716.44$0
Feb 199502,86416.58$0
Jan 199504,87415.92$0
Dec 199401,80115.03$0
Nov 199403,97615.90$0
Oct 199403,42615.58$0
Sep 199402,40115.29$0
Aug 199403,55216.13$0
Jul 19941722,29017.56$3,020
Jun 199401,67917.09$0
May 199405,16915.88$0
Apr 199402,97514.14$0
Mar 199402,95912.46$0
Feb 199403,61212.50$0
Jan 199402,96712.66$0
Dec 199302,32512.33$0
Nov 199303,42814.49$0
Oct 199307,83415.85$0
Sep 199305,71615.03$0
Aug 199308,66815.66$0
Jul 199302,28715.46$0
Jun 199305,78416.79$0
May 199303,27817.68$0
Apr 199306,27118.05$0
Mar 199304,90518.14$0
Feb 19931193,70217.90$2,130
Jan 199303,79016.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  401 Mcf  × $  3.05 =     $1,221

────────────────────────────────────────────────────
Month total                                   $1,221

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/80481 is the state's own key, not one this site invented.