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Royalty Clerk

Texas gas well

Producing

CHANCELLOR UNIT NO. 1

Chancellor Unit No. 1 is a gas well in Freestone County, Texas, operated by Valence Operating Company in the Reed, West (Travis Peak) field.

1 well

3,956mcf gas, last 12 months−13% vs prior year
Operator
Valence Operating Company
County
Freestone County
Field
Reed, West (Travis Peak)
RRC lease
05-049823

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Where it sits

This county

Freestone CountyFreestoneLimestoneEllisAndersonLeonNavarroHendersonFreestone County
Freestone County
Gas in Jul 2026
285 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 13% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 13% over the last 12 monthsMonthly gas production for CHANCELLOR UNIT NO. 1, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 3,956 mcf in the 12 months through Jul 2026, against 4,539 mcf in the 12 months before.Last 12 months: 3,956 mcfmcf per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 13% over the last 12 monthsMonthly gas production for CHANCELLOR UNIT NO. 1, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 3,956 mcf in the 12 months through Jul 2026, against 4,539 mcf in the 12 months before.Last 12 monthsmcf per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
97% of the gas went to a transmission line in the last 12 monthsShare of CHANCELLOR UNIT NO. 1 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a transmission line in the last 12 monthsShare of CHANCELLOR UNIT NO. 1 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 3,819 mcf

  • Lease fuel (1)

    3.5% · 137 mcf

1 well on this lease

Wells on CHANCELLOR UNIT NO. 1
API numberWell no.Status
42-161-200341Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Aug 1, 2026–
Midcoast G & P (East Texas) L.p.Gas-well gasBuys100Feb 1, 2019–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Feb 1, 2019–
Plains Marketing, L.p.CondensateGathers100Jul 1, 2000Aug 1, 2026
Enbridge Pipelines (E. Tx) L.p.Gas-well gasGathers100Jan 1, 2017Feb 1, 2019
Enbridge Pipelines (E. Tx) L.p.Gas-well gasBuys100Jan 1, 2017Feb 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Chancellor Unit No. 1
API numberWell no.Acreson the permit
42-161-200341–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for CHANCELLOR UNIT NO. 1
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262852770$80.46$2.89
Jun 20262722650$84.81$3.15
May 20263533380$102.13$2.94
Apr 20262182090$100.32$2.77
Mar 20262192100$91.38$3.04
Feb 20263343240$64.51$3.62
Jan 20263203120$60.04$7.72
Dec 20253673560$57.97$4.26
Nov 20253603460$60.06$3.79
Oct 20254454280$60.89$3.19
Sep 20254384210$63.96$2.97
Aug 20253453330$64.86$2.91
Jul 20253843690$68.39$3.20
Jun 20253623500$68.17$3.02
May 20253263160$62.17$3.12
Apr 20253022920$63.54$3.42
Mar 20253253140$68.24$4.12
Feb 20252692620$71.53$4.19
Jan 20253623520$75.74$4.13
Dec 20245425240$70.12$3.01
Nov 20245755520$69.95$2.12
Oct 20243403290$71.99$2.20
Sep 20244123970$70.24$2.28
Aug 20243403290$76.68$1.99
Jul 20243513390$81.80$2.07
Jun 20243113020$79.77$2.54
May 2024000$80.02$2.12
Apr 20242302250$85.35$1.60
Mar 20244884720$81.28$1.49
Feb 20242742630$77.25$1.72
Jan 20243183080$74.15$3.18
Dec 20233423300$71.90$2.52
Nov 20232412320$77.69$2.71
Oct 20233823720$85.64$2.98
Sep 20233002900$89.43$2.64
Aug 20233993850$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorValence Operating CompanyFieldReed, West (Travis Peak)CountyFreestone County

Valence Operating Company in Freestone County

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Reed, West (Travis Peak) field

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