RAINWATER

Name: RAINWATER lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 96513District 06Field 66461275NGPA filingCondensateGasSave Export

Value, all time

$1.9 M

Jan 1993 – May 2014

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

257

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,505 bbl	$71,694
Gas	Production	435,183 Mcf	$1,778,718
Total			$1,850,412

70,430 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 32.2823, -94.6559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28226, -94.65594 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,650 ft

1 wells filed one

Completion to plug

27.1 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 10,650 ft.

Completions filed

Apr 1987

1 of 1 wells

Plug dates filed

May 2014

1 of 1 wells

Last completion to plug: a median of 27.1 years across the 1 well that filed both dates, with the middle half between 27.1 years and 27.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40131241	1	10,650 ft	Apr 1987	May 2014	Yes

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 (257)

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

257 months


May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	76	91.82	4.35	$331
Nov 2013	0	700	88.85	3.74	$2,617
Oct 2013	0	289	97.42	3.78	$1,092
Sep 2013	0	177	104.11	3.72	$658
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	68	0	102.52	3.72	$6,971
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	1	79.82	2.52	$3
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	1,017	95.72	3.31	$3,368
Oct 2011	0	1,534	84.98	3.65	$5,597
Sep 2011	0	1,431	83.62	3.99	$5,704
Aug 2011	0	1,423	83.40	4.15	$5,904
Jul 2011	0	1,412	94.14	4.52	$6,378
Jun 2011	0	1,277	92.90	4.64	$5,925
May 2011	0	1,270	98.13	4.40	$5,594
Apr 2011	0	1,520	105.96	4.33	$6,587
Mar 2011	0	1,680	96.36	4.06	$6,816
Feb 2011	0	1,642	85.64	4.18	$6,864
Jan 2011	0	1,708	86.50	4.59	$7,838
Dec 2010	189	1,620	85.73	4.35	$23,246
Nov 2010	0	1,671	80.84	3.80	$6,342
Oct 2010	0	1,956	78.10	3.51	$6,863
Sep 2010	0	1,736	72.63	3.98	$6,908
Aug 2010	0	1,943	73.68	4.42	$8,587
Jul 2010	1	2,006	72.55	4.74	$9,574
Jun 2010	0	1,976	70.36	4.91	$9,703
May 2010	0	1,864	71.12	4.24	$7,894
Apr 2010	0	1,702	81.69	4.12	$7,017
Mar 2010	0	1,814	78.39	4.39	$7,961
Feb 2010	0	1,363	73.58	5.44	$7,418
Jan 2010	0	1,547	74.36	5.96	$9,226
Dec 2009	0	1,904	71.44	5.48	$10,441
Nov 2009	0	1,752	74.59	3.75	$6,573
Oct 2009	0	1,829	72.54	4.11	$7,518
Sep 2009	0	1,854	65.54	3.06	$5,682
Aug 2009	0	2,085	67.42	3.22	$6,711
Jul 2009	0	2,215	61.13	3.46	$7,674
Jun 2009	1	2,109	66.16	3.90	$8,281
May 2009	0	2,214	54.74	3.93	$8,692
Apr 2009	0	1,547	46.77	3.59	$5,550
Mar 2009	0	2,152	42.14	4.06	$8,735
Feb 2009	0	1,903	32.81	4.63	$8,817
Jan 2009	1	2,139	35.86	5.37	$11,524
Dec 2008	0	2,198	37.10	5.98	$13,138
Nov 2008	0	2,098	55.49	6.86	$14,393
Oct 2008	0	2,154	75.24	6.92	$14,910
Sep 2008	0	2,107	101.76	7.88	$16,597
Aug 2008	0	2,160	114.22	8.48	$18,323
Jul 2008	131	1,878	131.08	11.39	$38,561
Jun 2008	0	2,442	131.33	13.03	$31,826
May 2008	0	2,231	123.17	11.57	$25,822
Apr 2008	0	2,117	110.31	10.45	$22,133
Mar 2008	0	1,871	101.90	9.66	$18,081
Feb 2008	0	1,655	92.53	8.77	$14,515
Jan 2008	0	1,678	90.38	8.21	$13,769
Dec 2007	0	2,025	88.33	7.30	$14,786
Nov 2007	0	2,131	91.67	7.29	$15,539
Oct 2007	2	2,214	82.85	6.92	$15,491
Sep 2007	1	2,073	75.84	6.24	$13,020
Aug 2007	1	2,044	69.06	6.39	$13,126
Jul 2007	0	1,588	70.90	6.39	$10,144
Jun 2007	0	1,648	62.00	7.55	$12,440
May 2007	0	1,761	58.74	7.85	$13,817
Apr 2007	2	1,957	59.61	7.81	$15,394
Mar 2007	1	2,058	56.92	7.30	$15,084
Feb 2007	1	1,715	55.10	8.22	$14,146
Jan 2007	0	1,968	50.30	6.73	$13,238
Dec 2006	1	2,086	56.65	6.92	$14,489
Nov 2006	1	2,042	54.20	7.62	$15,609
Oct 2006	1	2,166	54.90	6.01	$13,081
Sep 2006	1	1,999	60.08	5.04	$10,129
Aug 2006	0	1,992	68.71	7.34	$14,621
Jul 2006	1	2,146	69.37	6.34	$13,681
Jun 2006	0	2,144	66.28	6.38	$13,687
May 2006	1	2,297	66.01	6.42	$14,824
Apr 2006	135	2,337	64.39	7.36	$25,894
Mar 2006	0	2,193	56.70	7.08	$15,533
Feb 2006	0	1,888	57.59	7.75	$14,634
Jan 2006	1	2,077	60.59	8.93	$18,615
Dec 2005	0	2,149	54.94	13.42	$28,830
Nov 2005	0	1,976	54.69	10.59	$20,923
Oct 2005	0	2,191	58.34	13.80	$30,227
Sep 2005	0	2,243	61.45	12.08	$27,093
Aug 2005	0	2,021	61.51	9.80	$19,799
Jul 2005	0	2,135	55.69	7.84	$16,746
Jun 2005	0	1,963	52.33	7.38	$14,489
May 2005	0	2,109	45.22	6.65	$14,027
Apr 2005	0	2,014	49.20	7.36	$14,824
Mar 2005	0	2,064	50.37	7.15	$14,768
Feb 2005	0	1,990	45.22	6.31	$12,561
Jan 2005	0	1,981	43.16	6.32	$12,524
Dec 2004	0	1,541	39.86	6.75	$10,403
Nov 2004	0	1,551	45.28	6.33	$9,818
Oct 2004	89	1,964	49.70	6.52	$17,219
Sep 2004	0	1,593	43.24	5.28	$8,417
Aug 2004	0	2,157	42.37	5.55	$11,973
Jul 2004	0	1,949	38.28	6.08	$11,858
Jun 2004	0	1,805	36.10	6.43	$11,612
May 2004	0	1,843	37.48	6.49	$11,970
Apr 2004	0	1,857	34.47	5.86	$10,879
Mar 2004	1	2,124	34.36	5.53	$11,780
Feb 2004	0	1,901	32.45	5.51	$10,474
Jan 2004	0	2,694	32.03	6.30	$16,971
Dec 2003	0	2,653	30.26	6.30	$16,718
Nov 2003	0	2,741	28.80	4.60	$12,595
Oct 2003	0	3,179	28.17	4.76	$15,131
Sep 2003	4	4,020	26.31	4.75	$19,198
Aug 2003	0	946	29.76	5.13	$4,853
Jul 2003	0	1,108	29.41	5.17	$5,729
Jun 2003	125	1,048	28.56	5.98	$9,840
May 2003	0	890	26.59	5.97	$5,316
Apr 2003	0	1,005	26.67	5.41	$5,434
Mar 2003	0	1,264	31.14	6.10	$7,705
Feb 2003	0	1,197	33.48	7.93	$9,487
Jan 2003	0	1,750	30.31	5.58	$9,769
Dec 2002	0	1,714	26.91	4.85	$8,319
Nov 2002	0	1,056	24.66	4.14	$4,369
Oct 2002	0	1,045	26.46	4.23	$4,419
Sep 2002	0	1,034	27.44	3.64	$3,759
Aug 2002	0	1,152	25.96	3.16	$3,645
Jul 2002	0	1,141	24.58	3.06	$3,493
Jun 2002	0	1,239	23.73	3.34	$4,136
May 2002	0	1,508	24.66	3.58	$5,405
Apr 2002	0	1,508	23.65	3.51	$5,297
Mar 2002	0	1,722	22.00	3.10	$5,343
Feb 2002	0	1,281	18.22	2.38	$3,043
Jan 2002	0	1,465	17.17	2.38	$3,480
Dec 2001	0	1,627	16.93	2.36	$3,847
Nov 2001	0	1,984	18.07	2.41	$4,773
Oct 2001	0	692	19.78	2.53	$1,750
Sep 2001	0	1,486	24.26	2.25	$3,345
Aug 2001	0	1,638	24.87	3.05	$5,001
Jul 2001	180	1,678	23.93	3.20	$9,672
Jun 2001	0	1,598	24.56	3.82	$6,111
May 2001	0	1,674	25.52	4.31	$7,210
Apr 2001	0	1,645	24.68	5.34	$8,777
Mar 2001	0	1,661	24.54	5.38	$8,930
Feb 2001	0	1,618	27.75	5.77	$9,331
Jan 2001	0	2,006	27.47	8.40	$16,848
Dec 2000	0	1,351	26.88	9.12	$12,325
Nov 2000	0	1,792	32.21	5.66	$10,139
Oct 2000	0	1,991	31.23	5.15	$10,245
Sep 2000	0	2,104	31.87	5.19	$10,912
Aug 2000	0	2,302	29.64	4.54	$10,453
Jul 2000	0	2,351	28.53	4.09	$9,615
Jun 2000	0	2,586	29.30	4.40	$11,371
May 2000	0	2,402	27.26	3.68	$8,839
Apr 2000	0	2,604	24.51	3.12	$8,114
Mar 2000	0	2,543	28.42	2.86	$7,272
Feb 2000	0	2,663	27.62	2.73	$7,261
Jan 2000	4	2,977	25.27	2.48	$7,486
Dec 1999	0	2,593	24.28	2.42	$6,285
Nov 1999	0	3,148	23.19	2.43	$7,662
Oct 1999	0	2,310	20.98	2.80	$6,477
Sep 1999	1	3,207	21.75	2.62	$8,420
Aug 1999	0	2,620	19.26	2.88	$7,534
Jul 1999	1	2,735	17.89	2.37	$6,506
Jun 1999	0	2,991	15.94	2.36	$7,065
May 1999	0	3,433	15.79	2.32	$7,968
Apr 1999	0	3,687	15.10	2.21	$8,141
Mar 1999	1	3,614	12.47	1.84	$6,656
Feb 1999	0	3,339	9.98	1.82	$6,070
Jan 1999	0	4,056	10.38	1.90	$7,706
Dec 1998	2	5,109	9.20	1.77	$9,078
Nov 1998	1	4,483	10.89	2.19	$9,809
Oct 1998	0	4,010	12.42	1.97	$7,897
Sep 1998	4	4,982	12.59	2.08	$10,426
Aug 1998	0	6,327	11.30	1.91	$12,068
Jul 1998	3	9,503	11.74	2.24	$21,296
Jun 1998	123	1,574	11.24	2.24	$4,904
May 1998	0	651	12.62	2.21	$1,436
Apr 1998	0	1,365	13.04	2.51	$3,420
Mar 1998	0	1,138	12.80	2.31	$2,628
Feb 1998	0	1,067	13.95	2.30	$2,453
Jan 1998	0	1,662	14.70	2.15	$3,581
Dec 1997	0	1,532	16.32	2.41	$3,694
Nov 1997	1	2,185	18.19	3.09	$6,766
Oct 1997	0	86	19.25	3.15	$271
Sep 1997	0	1,487	17.74	2.95	$4,394
Aug 1997	0	1,577	17.86	2.55	$4,029
Jul 1997	0	1,554	17.58	2.25	$3,492
Jun 1997	0	1,566	17.24	2.26	$3,535
May 1997	0	1,882	18.97	2.31	$4,345
Apr 1997	0	2,036	17.88	2.08	$4,241
Mar 1997	0	1,611	18.95	1.94	$3,124
Feb 1997	0	1,471	20.49	2.21	$3,245
Jan 1997	0	512	23.48	3.54	$1,812
Dec 1996	0	944	23.32	—	$0
Nov 1996	0	1,080	21.97	—	$0
Oct 1996	0	915	23.31	—	$0
Sep 1996	0	1,139	22.22	—	$0
Aug 1996	0	993	20.26	—	$0
Jul 1996	0	1,225	19.55	—	$0
Jun 1996	0	1,256	18.73	—	$0
May 1996	0	1,435	19.43	—	$0
Apr 1996	0	1,270	21.51	—	$0
Mar 1996	183	1,295	19.38	—	$3,547
Feb 1996	0	1,116	16.98	—	$0
Jan 1996	0	1,329	17.07	—	$0
Dec 1995	0	1,430	17.19	—	$0
Nov 1995	0	1,714	16.00	—	$0
Oct 1995	1	1,726	15.43	—	$15
Sep 1995	0	1,619	16.18	—	$0
Aug 1995	1	1,776	15.92	—	$16
Jul 1995	0	1,814	15.24	—	$0
Jun 1995	0	1,643	16.41	—	$0
May 1995	0	1,772	17.56	—	$0
Apr 1995	0	1,660	17.73	—	$0
Mar 1995	0	1,908	16.44	—	$0
Feb 1995	0	1,177	16.58	—	$0
Jan 1995	0	1,586	15.92	—	$0
Dec 1994	0	1,694	15.03	—	$0
Nov 1994	0	1,420	15.90	—	$0
Oct 1994	0	1,969	15.58	—	$0
Sep 1994	162	1,261	15.29	—	$2,477
Aug 1994	0	1,544	16.13	—	$0
Jul 1994	75	2,096	17.56	—	$1,317
Jun 1994	0	681	17.09	—	$0
May 1994	0	572	15.88	—	$0
Apr 1994	0	1,573	14.14	—	$0
Mar 1994	0	1,684	12.46	—	$0
Feb 1994	0	906	12.50	—	$0
Jan 1994	0	1,030	12.66	—	$0
Dec 1993	0	2,084	12.33	—	$0
Nov 1993	0	1,223	14.49	—	$0
Oct 1993	0	2,060	15.85	—	$0
Sep 1993	0	1,680	15.03	—	$0
Aug 1993	0	1,381	15.66	—	$0
Jul 1993	0	1,626	15.46	—	$0
Jun 1993	0	1,683	16.79	—	$0
May 1993	0	1,839	17.68	—	$0
Apr 1993	0	761	18.05	—	$0
Mar 1993	2	1,726	18.14	—	$36
Feb 1993	0	1,683	17.90	—	$0
Jan 1993	0	2,432	16.93	—	$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.

Dec 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.82 =         $0
Gas                   76 Mcf  × $  4.35 =       $331

────────────────────────────────────────────────────
Month total                                     $331

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/96513 is the state's own key, not one this site invented.