WYLIE -A-

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the OAK 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 96117District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$380 k
Jan 1993 – Jul 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
199
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
NGPA2none

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
CondensateDisposition371 bbl$13,027
GasProduction105,822 Mcf$367,176
Total$380,204

22,905 Mcf of this lease's gas, across 46 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 32.2431, -94.7051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24308, -94.70507 · 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
10,820 ft
1 wells filed one
Completion to plug
27.8 years
median over 1 well

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 10,820 ft.

Completions filed
Sep 1981
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40131252110,820 ftSep 1981Jul 2009Yes

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 (199)

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

199 months

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 20070059.617.81$0
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 200669060.085.04$4,146
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200603964.397.36$287
Mar 200611,13956.707.08$8,124
Feb 200601,10357.597.75$8,549
Jan 200621,53860.598.93$13,861
Dec 200501,34854.9413.42$18,084
Nov 200501,73154.6910.59$18,329
Oct 200501,01658.3413.80$14,016
Sep 200501,26861.4512.08$15,316
Aug 200501,28061.519.80$12,540
Jul 200502,63155.697.84$20,637
Jun 2005011452.337.38$841
May 2005022945.226.65$1,523
Apr 2005019449.207.36$1,428
Mar 2005026850.377.15$1,918
Feb 2005031945.226.31$2,014
Jan 2005078243.166.32$4,944
Dec 2004047839.866.75$3,227
Nov 2004010545.286.33$665
Oct 200410653649.706.52$8,760
Sep 2004036343.245.28$1,918
Aug 2004052542.375.55$2,914
Jul 2004064838.286.08$3,943
Jun 2004033336.106.43$2,142
May 2004076837.486.49$4,988
Apr 2004041134.475.86$2,408
Mar 2004186934.365.53$4,840
Feb 2004192032.455.51$5,101
Jan 20040032.036.30$0
Dec 2003040430.266.30$2,546
Nov 2003268728.804.60$3,214
Oct 2003033328.174.76$1,585
Sep 2003081926.314.75$3,890
Aug 2003064529.765.13$3,309
Jul 2003060229.415.17$3,113
Jun 2003036828.565.98$2,202
May 2003035826.595.97$2,138
Apr 2003092626.675.41$5,007
Mar 2003092431.146.10$5,633
Feb 200319533.487.93$786
Jan 2003025630.315.58$1,429
Dec 2002030626.914.85$1,485
Nov 2002128124.664.14$1,187
Oct 2002026526.464.23$1,121
Sep 2002016527.443.64$600
Aug 2002033125.963.16$1,047
Jul 2002022124.583.06$677
Jun 2002018423.733.34$614
May 200208424.663.58$301
Apr 2002015623.653.51$548
Mar 2002043022.003.10$1,334
Feb 2002057118.222.38$1,357
Jan 2002246417.172.38$1,137
Dec 2001159516.932.36$1,424
Nov 2001078118.072.41$1,879
Oct 2001026919.782.53$680
Sep 2001145824.262.25$1,055
Aug 2001150324.873.05$1,561
Jul 2001087023.933.20$2,781
Jun 2001059424.563.82$2,272
May 2001020325.524.31$874
Apr 2001017524.685.34$934
Mar 2001024724.545.38$1,328
Feb 2001029027.755.77$1,672
Jan 2001061527.478.40$5,165
Dec 2000029626.889.12$2,700
Nov 2000045832.215.66$2,591
Oct 2000055731.235.15$2,866
Sep 2000058831.875.19$3,050
Aug 2000072829.644.54$3,306
Jul 2000057228.534.09$2,339
Jun 2000037529.304.40$1,649
May 2000147627.263.68$1,779
Apr 2000151524.513.12$1,629
Mar 2000072028.422.86$2,059
Feb 2000198427.622.73$2,711
Jan 2000190925.272.48$2,280
Dec 1999079124.282.42$1,917
Nov 1999061723.192.43$1,502
Oct 199911,01620.982.80$2,870
Sep 199921,35421.752.62$3,589
Aug 1999012019.262.88$345
Jul 1999019917.892.37$472
Jun 1999036815.942.36$869
May 1999079415.792.32$1,843
Apr 1999035415.102.21$782
Mar 1999184312.471.84$1,562
Feb 199903879.981.82$703
Jan 199911,21010.381.90$2,309
Dec 1998009.201.77$0
Nov 199807010.892.19$153
Oct 1998047912.421.97$943
Sep 1998065512.592.08$1,364
Aug 1998091011.301.91$1,736
Jul 199811,17311.742.24$2,636
Jun 1998080611.242.24$1,803
May 1998167312.622.21$1,497
Apr 199811,29113.042.51$3,247
Mar 199801,44712.802.31$3,342
Feb 1998095113.952.30$2,186
Jan 199811,09214.702.15$2,368
Dec 199701,40316.322.41$3,383
Nov 199711,63318.193.09$5,061
Oct 199721,54419.253.15$4,902
Sep 199711,58217.742.95$4,692
Aug 199711,65517.862.55$4,246
Jul 199712,32517.582.25$5,242
Jun 199701,97717.242.26$4,462
May 199711,27618.972.31$2,965
Apr 199711,46317.882.08$3,065
Mar 199732,81518.951.94$5,516
Feb 1997273,49920.492.21$8,272
Jan 1997053723.483.54$1,901
Dec 1996034623.32$0
Nov 199604821.97$0
Oct 1996021023.31$0
Sep 199602722.22$0
Aug 199607120.26$0
Jul 199603719.55$0
Jun 1996020018.73$0
May 1996025719.43$0
Apr 1996027821.51$0
Mar 1996031819.38$0
Feb 1996075116.98$0
Jan 199601617.07$0
Dec 199505917.19$0
Nov 19950016.00$0
Oct 199502615.43$0
Sep 199502216.18$0
Aug 199505715.92$0
Jul 1995072615.24$0
Jun 199512628916.41$2,068
May 199505617.56$0
Apr 1995041917.73$0
Mar 1995070916.44$0
Feb 1995013516.58$0
Jan 1995021315.92$0
Dec 1994024615.03$0
Nov 1994053015.90$0
Oct 1994161215.58$16
Sep 19940115.29$0
Aug 1994271616.13$32
Jul 1994016817.56$0
Jun 199403617.09$0
May 1994040415.88$0
Apr 1994062714.14$0
Mar 1994096412.46$0
Feb 1994055112.50$0
Jan 199401,07912.66$0
Dec 1993095012.33$0
Nov 1993010514.49$0
Oct 199301,38315.85$0
Sep 1993053415.03$0
Aug 1993045115.66$0
Jul 1993091915.46$0
Jun 19930016.79$0
May 199301,09017.68$0
Apr 199301,31218.05$0
Mar 199321,10018.14$36
Feb 1993087017.90$0
Jan 199302,98716.93$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.

Sep 2006 — as filed, then multipliedworked
Condensate            69 bbl  × $ 60.08 =     $4,146
Gas                    0 Mcf  × $  5.04 =         $0

────────────────────────────────────────────────────
Month total                                   $4,146

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/96117 is the state's own key, not one this site invented.