VALLEY -L-

Operated by LAST MILE PRODUCTION, LLC (P-5 102051) in the OWEGO (TUBB) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 48792District 08Field 67871800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$161 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered
1954-02-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER OPERATOR REQUEST RIATA ENERGY, INC. APPLICIANT

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
CondensateDisposition161 bbl$5,479
GasProduction37,799 Mcf$155,128
Total$160,607

5,363 Mcf of this lease's gas, across 39 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 31.0829, -102.5637. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08285, -102.56375 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,100 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 3,100 ft.

Completions filed
Jul 1970
1 of 1 wells

1 well

42-3713035633,100 ftJul 1970

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 (401)

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

401 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 20210061.302.72$0
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 20190052.782.49$0
May 201939058.482.74$2,281
Apr 20190062.632.75$0
Mar 20190656.803.06$18
Feb 20190850.852.79$22
Jan 201901146.033.23$36
Dec 20180846.594.19$33
Nov 20180052.934.24$0
Oct 20180461.443.40$14
Sep 201801459.543.11$44
Aug 201801159.403.07$34
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 20130993.964.28$39
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201205686.773.42$192
Nov 2012019786.953.62$714
Oct 2012017089.383.40$578
Sep 2012011994.672.92$347
Aug 201204592.662.91$131
Jul 20120085.133.02$0
Jun 20120379.822.52$8
May 201201291.612.49$30
Apr 20120160101.652.00$319
Mar 20120135105.052.22$300
Feb 2012025101.102.57$64
Jan 201205198.092.73$139
Dec 201109396.873.24$301
Nov 2011011795.723.31$387
Oct 2011014284.983.65$518
Sep 2011015083.623.99$598
Aug 2011021183.404.15$876
Jul 2011021994.144.52$989
Jun 2011016992.904.64$784
May 2011021598.134.40$947
Apr 20110175105.964.33$758
Mar 201108296.364.06$333
Feb 20110285.644.18$8
Jan 20110086.504.59$0
Dec 20100285.734.35$9
Nov 2010015180.843.80$573
Oct 2010019678.103.51$688
Sep 2010019872.633.98$788
Aug 2010024673.684.42$1,087
Jul 2010018872.554.74$890
Jun 201007970.364.91$388
May 2010012971.124.24$546
Apr 2010020181.694.12$829
Mar 2010018778.394.39$821
Feb 2010021473.585.44$1,165
Jan 20100074.365.96$0
Dec 2009018371.445.48$1,004
Nov 2009013274.593.75$495
Oct 2009013072.544.11$534
Sep 2009015365.543.06$469
Aug 2009018367.423.22$589
Jul 2009020261.133.46$700
Jun 2009017366.163.90$674
May 2009020054.743.93$785
Apr 2009016046.773.59$574
Mar 2009018442.144.06$747
Feb 2009015132.814.63$700
Jan 2009018035.865.37$967
Dec 2008018537.105.98$1,106
Nov 2008016355.496.86$1,118
Oct 2008017875.246.92$1,232
Sep 20080182101.767.88$1,434
Aug 20080201114.228.48$1,705
Jul 20080173131.0811.39$1,970
Jun 20080127131.3313.03$1,655
May 20080190123.1711.57$2,199
Apr 20080218110.3110.45$2,279
Mar 20080154101.909.66$1,488
Feb 2008016792.538.77$1,465
Jan 2008019690.388.21$1,608
Dec 2007015788.337.30$1,146
Nov 2007016891.677.29$1,225
Oct 2007019082.856.92$1,315
Sep 2007019975.846.24$1,243
Aug 2007019669.066.39$1,252
Jul 2007019170.906.39$1,220
Jun 2007013462.007.55$1,011
May 2007013558.747.85$1,059
Apr 2007011659.617.81$905
Mar 2007017856.927.30$1,300
Feb 2007015655.108.22$1,282
Jan 2007018650.306.73$1,251
Dec 2006017756.656.92$1,225
Nov 2006015354.207.62$1,165
Oct 2006019454.906.01$1,167
Sep 2006019260.085.04$967
Aug 2006017068.717.34$1,248
Jul 2006017869.376.34$1,129
Jun 2006014966.286.38$951
May 2006020266.016.42$1,298
Apr 2006016764.397.36$1,229
Mar 2006016356.707.08$1,155
Feb 2006013157.597.75$1,015
Jan 2006014160.598.93$1,260
Dec 2005016854.9413.42$2,254
Nov 20050054.6910.59$0
Oct 2005024058.3413.80$3,311
Sep 200506061.4512.08$725
Aug 2005022161.519.80$2,165
Jul 2005012755.697.84$996
Jun 20050052.337.38$0
May 2005018445.226.65$1,224
Apr 2005017649.207.36$1,295
Mar 2005019350.377.15$1,381
Feb 20050045.226.31$0
Jan 2005020043.166.32$1,264
Dec 2004020839.866.75$1,404
Nov 2004022745.286.33$1,437
Oct 2004037649.706.52$2,450
Sep 2004021443.245.28$1,131
Aug 2004013542.375.55$749
Jul 2004024438.286.08$1,485
Jun 2004031536.106.43$2,026
May 20040037.486.49$0
Apr 200401434.475.86$82
Mar 2004010934.365.53$603
Feb 2004016032.455.51$882
Jan 200408632.036.30$542
Dec 2003014030.266.30$882
Nov 2003019528.804.60$896
Oct 2003024028.174.76$1,142
Sep 2003027226.314.75$1,292
Aug 2003030429.765.13$1,559
Jul 2003024629.415.17$1,272
Jun 2003030428.565.98$1,819
May 2003028126.595.97$1,678
Apr 2003028326.675.41$1,530
Mar 2003029931.146.10$1,823
Feb 2003013333.487.93$1,054
Jan 2003022830.315.58$1,273
Dec 2002042726.914.85$2,073
Nov 2002061824.664.14$2,557
Oct 2002037826.464.23$1,599
Sep 2002028927.443.64$1,051
Aug 2002024225.963.16$766
Jul 2002044424.583.06$1,359
Jun 2002028123.733.34$938
May 2002028724.663.58$1,029
Apr 2002022823.653.51$801
Mar 2002012322.003.10$382
Feb 2002019318.222.38$459
Jan 2002010117.172.38$240
Dec 2001017516.932.36$414
Nov 2001013618.072.41$327
Oct 2001026619.782.53$673
Sep 200101124.262.25$25
Aug 20010024.873.05$0
Jul 2001015723.933.20$502
Jun 2001023324.563.82$891
May 2001016325.524.31$702
Apr 2001065424.685.34$3,489
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 20000631.235.15$31
Sep 200006731.875.19$348
Aug 2000022129.644.54$1,004
Jul 20000028.534.09$0
Jun 2000892129.304.40$2,700
May 200001927.263.68$70
Apr 2000010224.513.12$318
Mar 200009128.422.86$260
Feb 2000017827.622.73$485
Jan 2000018025.272.48$446
Dec 1999010024.282.42$242
Nov 199905423.192.43$131
Oct 1999015920.982.80$446
Sep 1999018221.752.62$477
Aug 1999047919.262.88$1,377
Jul 19993340317.892.37$1,546
Jun 1999069115.942.36$1,632
May 1999027715.792.32$643
Apr 1999052415.102.21$1,157
Mar 1999048212.471.84$886
Feb 199904409.981.82$800
Jan 1999085210.381.90$1,619
Dec 199807329.201.77$1,298
Nov 1998028110.892.19$614
Oct 1998026812.421.97$528
Sep 19980612.592.08$13
Aug 19980011.301.91$0
Jul 1998013511.742.24$302
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 1997012518.193.09$386
Oct 199706319.253.15$198
Sep 19970017.742.95$0
Aug 199706317.862.55$161
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199702818.972.31$65
Apr 1997015917.882.08$331
Mar 1997011318.951.94$219
Feb 1997030220.492.21$666
Jan 199704723.483.54$166
Dec 199604923.32$0
Nov 19960021.97$0
Oct 199605723.31$0
Sep 199606622.22$0
Aug 1996023120.26$0
Jul 1996035819.55$0
Jun 1996028818.73$0
May 1996015819.43$0
Apr 1996010321.51$0
Mar 1996014519.38$0
Feb 1996010816.98$0
Jan 1996011517.07$0
Dec 1995030517.19$0
Nov 1995012816.00$0
Oct 1995010715.43$0
Sep 199507116.18$0
Aug 1995010115.92$0
Jul 1995017215.24$0
Jun 1995014916.41$0
May 1995016817.56$0
Apr 1995012917.73$0
Mar 1995014416.44$0
Feb 1995013516.58$0
Jan 1995016215.92$0
Dec 199406015.03$0
Nov 1994012815.90$0
Oct 199407915.58$0
Sep 199409815.29$0
Aug 1994015016.13$0
Jul 1994017317.56$0
Jun 1994019117.09$0
May 1994013215.88$0
Apr 1994017414.14$0
Mar 1994019112.46$0
Feb 199408012.50$0
Jan 199404112.66$0
Dec 199307212.33$0
Nov 19930014.49$0
Oct 1993012315.85$0
Sep 1993012915.03$0
Aug 199309315.66$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.

May 2019 — as filed, then multipliedworked
Condensate            39 bbl  × $ 58.48 =     $2,281
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $2,281

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. 08/G/48792 is the state's own key, not one this site invented.