GARRETT "B"

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

Gas lease lease 110390District 06Field 07527320NGPA filingCondensateGasSaveExport
Value, all time
$434 k
Jan 1993 – Apr 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
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 35 leases and 35 wells, and the rule below applies to all of them.

Discovered
1983-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AT HEARING EFF. 7-1-95.

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
CondensateDisposition999 bbl$23,396
GasProduction183,859 Mcf$411,016
Total$434,411

42,378 Mcf of this lease's gas, across 42 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 32.4425, -94.2028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44252, -94.20285 · 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
6,800 ft
1 wells filed one
Completion to plug
18.8 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 6,800 ft.

Completions filed
Jun 1991
1 of 1 wells
Plug dates filed
Apr 2010
1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033110016,800 ftJun 1991Apr 2010Yes

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 (208)

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

208 months

Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006102054.906.01$5,600
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002034724.663.58$1,244
Apr 2002067023.653.51$2,353
Mar 2002013622.003.10$422
Feb 200201,23718.222.38$2,939
Jan 200201,19517.172.38$2,839
Dec 2001076116.932.36$1,799
Nov 2001043718.072.41$1,051
Oct 200101,09419.782.53$2,767
Sep 20011862,91424.262.25$11,073
Aug 2001026224.873.05$800
Jul 200101,80223.933.20$5,761
Jun 200103,45324.563.82$13,205
May 200103,51325.524.31$15,132
Apr 200103,55524.685.34$18,967
Mar 200102,92424.545.38$15,721
Feb 2001088127.755.77$5,081
Jan 200105627.478.40$470
Dec 2000128726.889.12$2,645
Nov 20001162032.215.66$3,862
Oct 2000242,27731.235.15$12,466
Sep 200002,23531.875.19$11,592
Aug 200002,59029.644.54$11,761
Jul 2000262,49028.534.09$10,925
Jun 200002,67429.304.40$11,758
May 200002,56227.263.68$9,428
Apr 2000322,90524.513.12$9,836
Mar 200003,50428.422.86$10,021
Feb 200003,03727.622.73$8,280
Jan 2000363,59525.272.48$9,827
Dec 199901,95824.282.42$4,746
Nov 199904,51823.192.43$10,997
Oct 1999244,90420.982.80$14,253
Sep 199902,51121.752.62$6,576
Aug 199904,68519.262.88$13,472
Jul 199903,09317.892.37$7,338
Jun 1999191,05215.942.36$2,788
May 199902,40315.792.32$5,577
Apr 1999212,64215.102.21$6,151
Mar 199903,66512.471.84$6,737
Feb 1999123,9019.981.82$7,211
Jan 199902,60310.381.90$4,946
Dec 199801,5179.201.77$2,690
Nov 1998123,09510.892.19$6,895
Oct 199801,83312.421.97$3,610
Sep 1998142,59112.592.08$5,572
Aug 199802,40911.301.91$4,595
Jul 199801,53411.742.24$3,432
Jun 1998111,77711.242.24$4,099
May 199801,79712.622.21$3,965
Apr 1998211,61113.042.51$4,310
Mar 1998083012.802.31$1,917
Feb 199802,32713.952.30$5,350
Jan 1998203,89814.702.15$8,693
Dec 199703,14016.322.41$7,571
Nov 199701,02518.193.09$3,165
Oct 199702,86419.253.15$9,021
Sep 199702,50317.742.95$7,396
Aug 199792,68717.862.55$7,025
Jul 1997121,31317.582.25$3,161
Jun 199701,71617.242.26$3,873
May 199702,31518.972.31$5,344
Apr 1997111,56617.882.08$3,458
Mar 199701,67218.951.94$3,242
Feb 199712,79820.492.21$6,193
Jan 1997071523.483.54$2,531
Dec 1996022623.32$0
Nov 199621,23621.97$44
Oct 199601,00323.31$0
Sep 1996021822.22$0
Aug 1996722,06920.26$1,459
Jul 199602,05419.55$0
Jun 199601,27718.73$0
May 199601,19519.43$0
Apr 199602,13721.51$0
Mar 199603,79319.38$0
Feb 199601,93616.98$0
Jan 199601,06417.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 199501015.24$0
Jun 1995018916.41$0
May 1995013517.56$0
Apr 199507517.73$0
Mar 199508416.44$0
Feb 199504416.58$0
Jan 1995024215.92$0
Dec 199401415.03$0
Nov 199417213815.90$2,735
Oct 1994013815.58$0
Sep 19940015.29$0
Aug 199404316.13$0
Jul 1994113317.56$18
Jun 1994035417.09$0
May 1994044615.88$0
Apr 1994093014.14$0
Mar 1994021012.46$0
Feb 1994058112.50$0
Jan 1994045912.66$0
Dec 199301,79312.33$0
Nov 199301,49114.49$0
Oct 199301,14215.85$0
Sep 199302,12315.03$0
Aug 199301,86015.66$0
Jul 199303,29615.46$0
Jun 1993040116.79$0
May 199301,95217.68$0
Apr 199301,46118.05$0
Mar 199301,46218.14$0
Feb 19931472,91417.90$2,631
Jan 199305016.93$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.

Oct 2006 — as filed, then multipliedworked
Condensate           102 bbl  × $ 54.90 =     $5,600
Gas                    0 Mcf  × $  6.01 =         $0

────────────────────────────────────────────────────
Month total                                   $5,600

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/110390 is the state's own key, not one this site invented.