DAVIS HEIRS GAS UNIT

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

Gas lease lease 88050District 06Field 71031600CondensateGasSave
Value, all time
$5.0 M
Jan 1993 – Mar 2020
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
327
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition106,167 bbl$1,727,358
GasProduction3,293,086 Mcf$3,269,637
Total$4,996,995

1,909,758 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 33.3483, -94.8856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34827, -94.88557 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,500 ft
1 wells filed one
Completion to plug
39.9 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,500 ft.

Completions filed
Apr 1980
1 of 1 wells
Plug dates filed
Mar 2020
1 of 1 wells

Last completion to plug: a median of 39.9 years across the 1 well that filed both dates, with the middle half between 39.9 years and 39.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4493023419,500 ftApr 1980Mar 2020Yes

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 (327)

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

327 months

Mar 2020849230.341.86$2,719
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 20170049.413.42$0
Dec 20160048.763.72$0
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20074459.617.81$270
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003136326.595.97$3,634
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200201325.963.16$41
Jul 200201324.583.06$40
Jun 200201323.733.34$43
May 200202024.663.58$72
Apr 200202023.653.51$70
Mar 200203322.003.10$102
Feb 200202718.222.38$64
Jan 200206217.172.38$147
Dec 200103316.932.36$78
Nov 200109818.072.41$236
Oct 200107319.782.53$185
Sep 200109224.262.25$207
Aug 200106624.873.05$202
Jul 2001011223.933.20$358
Jun 20011857,45124.563.82$33,037
May 200154718,44225.524.31$93,395
Apr 200118417,84624.685.34$99,755
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999046624.282.42$1,129
Nov 19990023.192.43$0
Oct 1999153,73820.982.80$10,795
Sep 1999012721.752.62$333
Aug 1999034819.262.88$1,001
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199975226,70615.792.32$73,859
Apr 199987540,86915.102.21$103,453
Mar 19991,08047,22512.471.84$100,283
Feb 19991,04037,5019.981.82$78,548
Jan 199989543,31210.381.90$91,581
Dec 19981,07038,0539.201.77$77,324
Nov 19981,24659,88010.892.19$144,450
Oct 19981,51653,99712.421.97$125,160
Sep 199887645,22412.592.08$105,213
Aug 19981,06950,94411.301.91$109,248
Jul 199891345,15511.742.24$111,743
Jun 19981,24849,03111.242.24$123,723
May 19981,45259,59612.622.21$149,813
Apr 19981,79155,35013.042.51$162,025
Mar 19981,45555,69212.802.31$147,241
Feb 19981,31355,51713.952.30$145,957
Jan 19981,49250,08314.702.15$129,851
Dec 19971,47453,31316.322.41$152,599
Nov 19971,29442,54718.193.09$154,934
Oct 19971,25043,42719.253.15$160,850
Sep 199788336,61317.742.95$123,851
Aug 199789234,14517.862.55$103,163
Jul 19971,41155,75917.582.25$150,093
Jun 199797242,63217.242.26$112,986
May 19971,23344,64418.972.31$126,451
Apr 19971,23940,50317.882.08$106,512
Mar 19971,28744,37918.951.94$110,446
Feb 19971,30342,47020.492.21$120,383
Jan 199788639,56923.483.54$160,866
Dec 199652025,84723.32$12,126
Nov 19961,08146,31721.97$23,750
Oct 19961,09848,14923.31$25,594
Sep 19961,26848,62922.22$28,175
Aug 19961,66551,31220.26$33,733
Jul 19961,33249,68819.55$26,041
Jun 199692632,38118.73$17,344
May 19961,27342,76819.43$24,734
Apr 19961,28739,81321.51$27,683
Mar 199674226,29919.38$14,380
Feb 199691040,50016.98$15,452
Jan 199649922,99417.07$8,518
Dec 19951,03946,43817.19$17,860
Nov 19951,67150,05416.00$26,736
Oct 19951,84557,46015.43$28,468
Sep 19951,47443,20416.18$23,849
Aug 19951,28741,82415.92$20,489
Jul 19951,50946,78215.24$22,997
Jun 19951,69446,33316.41$27,799
May 19951,50145,49017.56$26,358
Apr 19951,49340,24017.73$26,471
Mar 19951,30336,35916.44$21,421
Feb 19951,48138,53116.58$24,555
Jan 19951,32339,92615.92$21,062
Dec 199451617,65115.03$7,755
Nov 19941,29538,89115.90$20,591
Oct 19941,31034,31115.58$20,410
Sep 19941,68042,72215.29$25,687
Aug 199475130,99516.13$12,114
Jul 19941,80745,15117.56$31,731
Jun 19941,69943,43817.09$29,036
May 19941,68244,54115.88$26,710
Apr 19941,66637,97114.14$23,557
Mar 19941,49338,02612.46$18,603
Feb 19941,11632,01312.50$13,950
Jan 19941,86147,33612.66$23,560
Dec 19931,92744,73412.33$23,760
Nov 19931,70736,16914.49$24,734
Oct 19931,62837,35015.85$25,804
Sep 19931,69640,70315.03$25,491
Aug 19931,89443,76015.66$29,660
Jul 19931,92445,16215.46$29,745
Jun 19931,98843,08116.79$33,379
May 19932,77545,91317.68$49,062
Apr 19932,61733,43218.05$47,237
Mar 19932,23129,96518.14$40,470
Feb 19931,66024,33217.90$29,714
Jan 19931,66124,77316.93$28,121

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.

Mar 2020 — as filed, then multipliedworked
Condensate            84 bbl  × $ 30.34 =     $2,549
Gas                   92 Mcf  × $  1.86 =       $171

────────────────────────────────────────────────────
Month total                                   $2,719

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/88050 is the state's own key, not one this site invented.