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DANIELS OIL UNIT

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the CARTHAGE (TRAVIS PEAK 6400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15201District 06Field 16032928OilCasinghead gasSaveExport
Value, all time
$11.1 M
Apr 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
no gaps in the span
Streams
2
oil, casinghead gas

The CARTHAGE (TRAVIS PEAK 6400) 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 138 leases and 168 wells, and the rule below applies to all of them.

Discovered
1956-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-04-05.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition105,050 bbl$8,572,359
Casinghead gasProduction682,406 Mcf$2,491,145
Total$11,063,504

Wells on this lease (2)

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 32.0883, -94.4289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.08826, -94.42888 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,155 ft
2 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 6,650 and 9,660 ft, median 8,155 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2013 – Feb 2017
2 of 2 wells

2 wells

42-3653799816,650 ftFeb 2017—Yes
42-3653567529,660 ftJun 2013——

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 (158)

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

158 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021150061.302.72$9,195
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 2019172052.782.49$9,078
May 20190058.482.74$0
Apr 2019018762.632.75$514
Mar 20191711,48456.803.06$14,257
Feb 20191715,42450.852.79$23,840
Jan 201903,35946.033.23$10,843
Dec 20181661,73446.594.19$14,991
Nov 20183365,84952.934.24$42,568
Oct 20181715,74561.443.40$30,028
Sep 20183394,72759.543.11$34,876
Aug 20181695,67159.403.07$27,429
Jul 201822611965.142.93$15,071
Jun 2018058360.183.08$1,794
May 20183343,83065.382.90$32,947
Apr 20183365,45363.842.90$37,268
Mar 201802,40061.222.79$6,688
Feb 201801761.782.77$47
Jan 201817022762.874.01$11,598
Dec 20171703,40957.272.92$19,695
Nov 20173364,27055.423.12$31,937
Oct 20173415,12649.292.98$32,102
Sep 20173376,80347.523.09$37,017
Aug 20173355,89145.373.00$32,898
Jul 20176657,37143.873.09$51,930
Jun 20174986,52942.493.09$41,317
May 20176797,72245.373.26$56,006
Apr 20173407,48847.933.21$40,345
Mar 20176668,34746.772.98$56,054
Feb 20175137,56950.452.95$48,229
Jan 20178609,56149.413.42$75,180
Dec 201668310,16748.763.72$71,153
Nov 201668611,09142.492.64$58,477
Oct 20161,03311,20946.193.09$82,353
Sep 20161,01512,67141.553.10$81,461
Aug 20161,01411,44641.442.92$75,492
Jul 20161,1819,43041.622.92$76,730
Jun 20165067,00245.352.69$41,753
May 20163323,81742.521.99$21,716
Apr 20163323,77336.561.99$19,650
Mar 20164945,03033.011.79$25,331
Feb 20163495,84226.472.06$21,294
Jan 20163585,74227.352.36$23,367
Dec 20156657,41432.362.00$36,358
Nov 20158017,31438.792.17$46,923
Oct 20151607,04643.552.43$24,066
Sep 20151,0008,36342.992.76$66,059
Aug 20157909,68440.162.87$59,544
Jul 201582510,38448.152.95$70,305
Jun 20158229,61756.152.88$73,880
May 20151,04410,01455.212.96$87,235
Apr 20151,06711,01349.822.71$82,965
Mar 20151,40211,76142.892.93$94,647
Feb 20151,07011,31944.662.98$81,474
Jan 20151,26113,05143.433.10$95,232
Dec 20141,55713,29654.693.59$132,903
Nov 20141,55012,77070.464.25$163,509
Oct 20141,79515,37678.303.90$200,530
Sep 20141,78116,13586.164.05$218,724
Aug 20143,03524,02489.394.04$368,238
Jul 20143,34227,74096.564.18$438,646
Jun 20143,81228,21198.164.74$507,818
May 20144,44929,69894.734.73$561,823
Apr 20144,25721,37895.944.81$511,226
Mar 20144,60726,25795.895.06$574,542
Feb 20144,06317,57097.406.19$504,530
Jan 20144,22815,66290.404.86$458,340
Dec 20135,18614,61691.824.35$539,824
Nov 20135,05113,73988.853.74$500,142
Oct 20135,72815,56597.423.78$616,848
Sep 20135,40016,220104.113.72$622,496
Aug 20134,48310,204104.253.52$503,297
Jul 20134,9966,935102.523.72$537,972
Jun 20133,9599,35194.403.93$410,511
May 20134,2286,44694.834.15$427,686
Apr 2013211893.964.28$693

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 2021 — as filed, then multipliedworked
Oil                  150 bbl  × $ 61.30 =     $9,195
Casinghead gas         0 Mcf  × $  2.72 =         $0

────────────────────────────────────────────────────
Month total                                   $9,195

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/O/15201 is the state's own key, not one this site invented.