BATH UNIT

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 98677District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$631 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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
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
CondensateDisposition833 bbl$28,848
GasProduction136,080 Mcf$602,593
Total$631,442

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 32.2983, -94.5687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29834, -94.56871 · 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
10,600 ft
1 wells filed one
Completion to plug
2.3 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 10,600 ft.

Completions filed
Oct 2010
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40130909110,600 ftOct 2010Feb 2013Yes

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 (242)

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

242 months

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 201057085.734.35$4,887
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010111272.633.98$518
Aug 201004473.684.42$194
Jul 201002272.554.74$104
Jun 2010019170.364.91$938
May 201006971.124.24$292
Apr 2010119381.694.12$877
Mar 201007278.394.39$316
Feb 2010111073.585.44$672
Jan 2010015974.365.96$948
Dec 2009019971.445.48$1,091
Nov 2009010674.593.75$398
Oct 200965272.544.11$4,723
Sep 200904265.543.06$129
Aug 2009012767.423.22$409
Jul 2009019861.133.46$686
Jun 20090066.163.90$0
May 200903254.743.93$126
Apr 20090646.773.59$22
Mar 2009113642.144.06$594
Feb 2009013032.814.63$602
Jan 200902435.865.37$129
Dec 2008047337.105.98$2,827
Nov 200802855.496.86$192
Oct 200809075.246.92$623
Sep 20080108101.767.88$851
Aug 2008011114.228.48$93
Jul 2008022131.0811.39$251
Jun 20080157131.3313.03$2,046
May 20080276123.1711.57$3,195
Apr 20081141110.3110.45$1,584
Mar 20080258101.909.66$2,493
Feb 2008221092.538.77$2,027
Jan 2008054390.388.21$4,456
Dec 2007079288.337.30$5,783
Nov 2007088691.677.29$6,460
Oct 200711,84782.856.92$12,868
Sep 2007086175.846.24$5,376
Aug 20070069.066.39$0
Jul 2007372270.906.39$2,764
Jun 200708862.007.55$664
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200706956.927.30$504
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006010056.656.92$692
Nov 2006086354.207.62$6,574
Oct 200631,05054.906.01$6,479
Sep 200601,43160.085.04$7,208
Aug 200601,08568.717.34$7,964
Jul 200611,31569.376.34$8,410
Jun 2006139666.286.38$2,594
May 2006062066.016.42$3,984
Apr 2006040064.397.36$2,944
Mar 2006040056.707.08$2,833
Feb 2006042157.597.75$3,263
Jan 2006078060.598.93$6,968
Dec 2005041354.9413.42$5,541
Nov 2005170054.6910.59$7,467
Oct 2005063258.3413.80$8,719
Sep 2005051761.4512.08$6,245
Aug 2005058361.519.80$5,712
Jul 2005059855.697.84$4,691
Jun 2005046952.337.38$3,462
May 200513370445.226.65$10,697
Apr 2005057249.207.36$4,210
Mar 2005057250.377.15$4,093
Feb 2005153345.226.31$3,409
Jan 2005070043.166.32$4,426
Dec 2004056439.866.75$3,808
Nov 2004055145.286.33$3,488
Oct 2004062749.706.52$4,085
Sep 2004078643.245.28$4,153
Aug 2004089942.375.55$4,990
Jul 2004083838.286.08$5,099
Jun 2004099236.106.43$6,382
May 2004099837.486.49$6,482
Apr 200401,11834.475.86$6,550
Mar 200411,10334.365.53$6,134
Feb 200401,13132.455.51$6,231
Jan 200401,14932.036.30$7,238
Dec 200301,39530.266.30$8,791
Nov 200301,23728.804.60$5,684
Oct 200301,20928.174.76$5,754
Sep 200331,24626.314.75$5,997
Aug 200301,10329.765.13$5,658
Jul 2003098929.415.17$5,114
Jun 200321,35428.565.98$8,158
May 200311,12526.595.97$6,746
Apr 200301,39626.675.41$7,549
Mar 200301,31331.146.10$8,004
Feb 200331,16533.487.93$9,334
Jan 200311,59630.315.58$8,939
Dec 200241,28126.914.85$6,325
Nov 200261,51724.664.14$6,424
Oct 200201,04626.464.23$4,424
Sep 2002091627.443.64$3,330
Aug 2002292225.963.16$2,969
Jul 200201,18224.583.06$3,619
Jun 200241,03423.733.34$3,547
May 200221,03424.663.58$3,755
Apr 200201,22323.653.51$4,296
Mar 200201,17422.003.10$3,643
Feb 200211,02318.222.38$2,449
Jan 200251,05817.172.38$2,599
Dec 200101,29316.932.36$3,057
Nov 20011501,20318.072.41$5,604
Oct 200101,01419.782.53$2,564
Sep 200111,10024.262.25$2,501
Aug 200111,51524.873.05$4,650
Jul 200171,44223.933.20$4,778
Jun 200151,13224.563.82$4,452
May 200151,54925.524.31$6,800
Apr 200121,38024.685.34$7,412
Mar 200111,74724.545.38$9,417
Feb 200111,65427.755.77$9,567
Jan 200131,00527.478.40$8,523
Dec 200021,14026.889.12$10,453
Nov 200011,11632.215.66$6,347
Oct 200021,43131.235.15$7,426
Sep 200001,65331.875.19$8,573
Aug 200021,50329.644.54$6,884
Jul 200011,68028.534.09$6,899
Jun 200042,18529.304.40$9,725
May 2000091527.263.68$3,367
Apr 2000074724.513.12$2,328
Mar 200001,14928.422.86$3,286
Feb 200011,37827.622.73$3,785
Jan 200001,34525.272.48$3,336
Dec 199901,26624.282.42$3,068
Nov 19991091,55423.192.43$6,310
Oct 199902,09020.982.80$5,860
Sep 199901,82921.752.62$4,790
Aug 199901,70219.262.88$4,894
Jul 199902,25617.892.37$5,352
Jun 199902,52315.942.36$5,960
May 199902,82615.792.32$6,559
Apr 199903,11715.102.21$6,882
Mar 19991932,93112.471.84$7,795
Feb 199903,9189.981.82$7,122
Jan 199904,92110.381.90$9,350
Dec 199808,8679.201.77$15,724
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2010 — as filed, then multipliedworked
Condensate            57 bbl  × $ 85.73 =     $4,887
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $4,887

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/98677 is the state's own key, not one this site invented.