VALLEY FARM STATE

Operated by APACHE CORPORATION (P-5 27200) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40367District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.9 M
Dec 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
no gaps in the span
Streams
2
oil, casinghead 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-04-08.

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: 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
OilDisposition82,811 bbl$6,314,319
Casinghead gasProduction161,269 Mcf$570,773
Total$6,885,092

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 31.2522, -103.5000. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.25222, -103.50004 · 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
18,898 ft
1 wells filed one
Completion to plug
4.5 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 18,898 ft.

Completions filed
May 2018
1 of 1 wells
Plug dates filed
Nov 2022
1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38930890118,898 ftMay 2018Nov 2022Yes

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 (186)

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

186 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 202169079.795.71$5,506
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 2020185030.341.86$5,613
Feb 2020555049.881.98$27,683
Jan 2020729057.252.09$41,735
Dec 20191,490059.012.30$87,925
Nov 20190055.302.75$0
Oct 2019567053.472.42$30,317
Sep 2019370055.052.66$20,369
Aug 2019367053.112.30$19,491
Jul 20191,008056.272.46$56,720
Jun 2019364052.782.49$19,212
May 2019733058.482.74$42,866
Apr 2019729062.632.75$45,657
Mar 2019541056.803.06$30,729
Feb 2019540050.852.79$27,459
Jan 2019736046.033.23$33,878
Dec 20181,272046.594.19$59,262
Nov 2018734052.934.24$38,851
Oct 2018938061.443.40$57,631
Sep 2018553059.543.11$32,926
Aug 20181,284059.403.07$76,270
Jul 20182,217065.142.93$144,415
Jun 20181,062060.183.08$63,911
May 20181,263065.382.90$82,575
Apr 20180063.842.90$0
Mar 20183564161.222.79$21,909
Feb 20183663061.782.77$22,694
Jan 201837411262.874.01$23,962
Dec 201754633757.272.92$32,254
Nov 20173563,58855.423.12$30,918
Oct 20173695,54649.292.98$34,736
Sep 20173608647.523.09$17,373
Aug 201735768245.373.00$18,246
Jul 201717564143.873.09$9,656
Jun 201754664442.493.09$25,188
May 201736758845.373.26$18,570
Apr 201735257047.933.21$18,702
Mar 201736254346.772.98$18,551
Feb 201736040450.452.95$19,355
Jan 201736644549.413.42$19,605
Dec 201637393748.763.72$21,676
Nov 201636783042.492.64$17,789
Oct 201654581246.193.09$27,683
Sep 201635537841.553.10$15,922
Aug 201635818841.442.92$15,385
Jul 201607841.622.92$228
Jun 20165437145.352.69$24,816
May 20163586642.521.99$15,354
Apr 201636210636.561.99$13,446
Mar 201655311533.011.79$18,461
Feb 201635824226.472.06$9,976
Jan 201618425127.352.36$5,626
Dec 201534427932.362.00$11,690
Nov 2015242138.792.17$990
Oct 2015087043.552.43$2,111
Sep 20153511,04042.992.76$17,958
Aug 201551980840.162.87$23,164
Jul 20155321,06248.152.95$28,743
Jun 20155221,54456.152.88$33,761
May 20157011,26055.212.96$42,426
Apr 201567851749.822.71$35,177
Mar 20158751,38742.892.93$41,599
Feb 201501,56244.662.98$4,649
Jan 20151,0201,15643.433.10$47,883
Dec 201454887754.693.59$33,120
Nov 20141841,72270.464.25$20,286
Oct 20147021,88178.303.90$62,304
Sep 20148981,83986.164.05$84,811
Aug 20147091,96589.394.04$71,307
Jul 20145471,87296.564.18$60,643
Jun 20148752,12398.164.74$95,946
May 20145162,11594.734.73$58,877
Apr 20148722,00895.944.81$93,316
Mar 20145322,28595.895.06$62,568
Feb 20147272,14997.406.19$84,116
Jan 20147122,40490.404.86$76,050
Dec 20131,0892,06091.824.35$108,962
Nov 20133512,22688.853.74$39,508
Oct 20139142,02097.423.78$96,676
Sep 20135462,179104.113.72$64,945
Aug 20131,0242,285104.253.52$114,801
Jul 20136022,500102.523.72$71,011
Jun 20137362,37694.403.93$78,824
May 20131,0452,47794.834.15$109,375
Apr 20137113,38693.964.28$81,306
Mar 20136953,33093.623.91$78,096
Feb 20138533,29391.233.42$89,081
Jan 20131,2203,99191.603.42$125,401
Dec 20127124,05386.773.42$75,642
Nov 20127062,32386.953.62$69,807
Oct 20129223,10989.383.40$92,978
Sep 20129513,37694.672.92$99,884
Aug 20127383,97192.662.91$79,931
Jul 20121,5654,08385.133.02$145,562
Jun 20127123,90279.822.52$66,661
May 20121,0894,51991.612.49$111,008
Apr 20121,1035,763101.652.00$123,628
Mar 20122,6777,747105.052.22$298,433
Feb 2012140101.102.57$204
Jan 201253260198.092.73$53,827
Dec 20117111,63696.873.24$74,175
Nov 20111,7853,74295.723.31$183,251
Oct 20111,2311,46184.983.65$109,941
Sep 201153120383.623.99$45,211
Aug 201171168683.404.15$62,144
Jul 20111,4112,06794.144.52$142,169
Jun 20111,2532,15492.904.64$126,398
May 20111,2592,55498.134.40$134,796
Apr 20112,1453,561105.964.33$242,715
Mar 20112,1594,76296.364.06$227,362
Feb 20111,0781,18585.644.18$97,273
Jan 20112,3694,05686.504.59$223,531
Dec 20103,0344,11585.734.35$277,996

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.

Oct 2021 — as filed, then multipliedworked
Oil                   69 bbl  × $ 79.79 =     $5,506
Casinghead gas         0 Mcf  × $  5.71 =         $0

────────────────────────────────────────────────────
Month total                                   $5,506

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/O/40367 is the state's own key, not one this site invented.