GARRETT TRUST

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

Gas lease lease 123619District 06Field 51460700GasSave
Value, all time
$13.4 M
Jan 1993 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
327
no gaps in the span
Streams
1
gas

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
GasProduction5,036,365 Mcf$13,432,954
Total$13,432,954

2,055,944 Mcf of this lease's gas, across 48 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 32.9322, -95.5165. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93215, -95.51650 · 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
14,171 ft
1 wells filed one
Completion to plug
33.3 years
median over 1 wells

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 14,171 ft.

Completions filed
Nov 1986
1 of 1 wells
Plug dates filed
Mar 2020
1 of 1 wells

Last completion to plug: a median of 33.3 years across the 1 well that filed both dates, with the middle half between 33.3 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49931485114,171 ftNov 1986Mar 2020Yes

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 (327)

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

327 months

Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 201617736.561.99$352
Mar 201692333.011.79$1,656
Feb 201678626.472.06$1,622
Jan 201653327.352.36$1,260
Dec 201552732.362.00$1,055
Nov 201580838.792.17$1,751
Oct 20151,21443.552.43$2,946
Sep 20157242.992.76$199
Aug 201543440.162.87$1,247
Jul 20151,14148.152.95$3,360
Jun 20151,35856.152.88$3,915
May 20152,64255.212.96$7,808
Apr 20152,64049.822.71$7,145
Mar 20154,00642.892.93$11,756
Feb 20155,88144.662.98$17,503
Jan 20156,55843.433.10$20,334
Dec 20146,65454.693.59$23,897
Nov 20146,72970.464.25$28,611
Oct 20146,71178.303.90$26,179
Sep 20147,00586.164.05$28,338
Aug 20147,12989.394.04$28,766
Jul 20147,13496.564.18$29,817
Jun 20146,11898.164.74$28,980
May 20147,26194.734.73$34,320
Apr 20144,53695.944.81$21,814
Mar 20146,98895.895.06$35,337
Feb 20147,32497.406.19$45,350
Jan 20145,13890.404.86$24,974
Dec 20136,74891.824.35$29,384
Nov 20137,32288.853.74$27,372
Oct 20137,70297.423.78$29,109
Sep 20136,687104.113.72$24,861
Aug 20136,511104.253.52$22,936
Jul 20138,352102.523.72$31,051
Jun 20138,15594.403.93$32,077
May 20138,11994.834.15$33,686
Apr 20137,42693.964.28$31,803
Mar 20137,68193.623.91$30,055
Feb 20138,41291.233.42$28,768
Jan 20137,66391.603.42$26,207
Dec 20127,52586.773.42$25,737
Nov 20128,21786.953.62$29,786
Oct 20128,17089.383.40$27,775
Sep 20127,99394.672.92$23,327
Aug 20127,68792.662.91$22,355
Jul 20127,60185.133.02$22,961
Jun 20127,74179.822.52$19,500
May 20128,78791.612.49$21,865
Apr 20128,786101.652.00$17,544
Mar 20128,629105.052.22$19,174
Feb 20128,407101.102.57$21,608
Jan 20126,06098.092.73$16,569
Dec 20115,96296.873.24$19,315
Nov 20118,15395.723.31$26,997
Oct 20118,34384.983.65$30,440
Sep 20117,06583.623.99$28,160
Aug 201110,05083.404.15$41,701
Jul 20119,89894.144.52$44,712
Jun 20119,89492.904.64$45,907
May 201112,07498.134.40$53,184
Apr 201113,464105.964.33$58,343
Mar 20116,63096.364.06$26,900
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 20103,61973.684.42$15,994
Jul 20108,95572.554.74$42,415
Jun 20108,52770.364.91$41,871
May 20109,43171.124.24$39,942
Apr 20109,37281.694.12$38,638
Mar 20104,63978.394.39$20,359
Feb 20107,81573.585.44$42,532
Jan 20108,65874.365.96$51,637
Dec 20099,49271.445.48$52,052
Nov 20099,25274.593.75$34,709
Oct 200910,17572.544.11$41,822
Sep 20099,25365.543.06$28,358
Aug 20098,86567.423.22$28,532
Jul 20098,83561.133.46$30,609
Jun 20098,42166.163.90$32,800
May 20098,78954.743.93$34,503
Apr 20098,64246.773.59$31,003
Mar 20098,88142.144.06$36,048
Feb 20098,13532.814.63$37,689
Jan 20099,78935.865.37$52,577
Dec 20089,88637.105.98$59,090
Nov 20089,82155.496.86$67,376
Oct 200810,36175.246.92$71,719
Sep 200810,244101.767.88$80,693
Aug 20089,951114.228.48$84,415
Jul 200810,815131.0811.39$123,177
Jun 20089,939131.3313.03$129,531
May 20089,873123.1711.57$114,273
Apr 200810,077110.3110.45$105,354
Mar 200810,445101.909.66$100,941
Feb 200810,16292.538.77$89,127
Jan 200811,45090.388.21$93,956
Dec 200711,50188.337.30$83,980
Nov 200711,82391.677.29$86,210
Oct 200712,37682.856.92$85,666
Sep 200712,18675.846.24$76,091
Aug 200711,54869.066.39$73,768
Jul 200712,24270.906.39$78,201
Jun 200712,13062.007.55$91,563
May 200711,37058.747.85$89,212
Apr 20075,79959.617.81$45,262
Mar 20071,11856.927.30$8,164
Feb 200710,17355.108.22$83,581
Jan 200711,55150.306.73$77,702
Dec 200611,50256.656.92$79,576
Nov 200611,86854.207.62$90,404
Oct 200612,18454.906.01$73,272
Sep 200612,04260.085.04$60,658
Aug 200611,64268.717.34$85,451
Jul 200611,71469.376.34$74,299
Jun 200611,36266.286.38$72,534
May 200611,59066.016.42$74,466
Apr 200611,62364.397.36$85,551
Mar 200612,03356.707.08$85,229
Feb 200610,60457.597.75$82,193
Jan 200611,57360.598.93$103,385
Dec 200512,11754.9413.42$162,554
Nov 200512,71654.6910.59$134,642
Oct 200513,22358.3413.80$182,421
Sep 200512,64361.4512.08$152,715
Aug 200511,88061.519.80$116,386
Jul 200512,62755.697.84$99,042
Jun 200513,40852.337.38$98,965
May 200513,46545.226.65$89,558
Apr 200513,21349.207.36$97,254
Mar 200513,80550.377.15$98,773
Feb 200511,36945.226.31$71,760
Jan 200513,41743.166.32$84,825
Dec 200413,65739.866.75$92,200
Nov 200412,81945.286.33$81,150
Oct 200414,76849.706.52$96,215
Sep 200414,95643.245.28$79,026
Aug 200414,59942.375.55$81,034
Jul 200415,36538.286.08$93,483
Jun 200414,25936.106.43$91,728
May 200415,12737.486.49$98,244
Apr 200414,97434.475.86$87,725
Mar 200415,59034.365.53$86,215
Feb 200414,37432.455.51$79,195
Jan 200415,53532.036.30$97,865
Dec 200316,01130.266.30$100,896
Nov 200315,44628.804.60$70,977
Oct 200316,48928.174.76$78,482
Sep 200315,93026.314.75$75,657
Aug 200313,44329.765.13$68,959
Jul 200315,45529.415.17$79,915
Jun 200314,63528.565.98$87,561
May 200316,19426.595.97$96,722
Apr 200315,02826.675.41$81,261
Mar 200316,95731.146.10$103,371
Feb 200314,25633.487.93$112,991
Jan 200317,10930.315.58$95,503
Dec 200216,43626.914.85$79,776
Nov 200217,91224.664.14$74,101
Oct 200220,14226.464.23$85,183
Sep 200218,71027.443.64$68,015
Aug 200218,74725.963.16$59,319
Jul 200219,19324.583.06$58,764
Jun 200223,97823.733.34$80,044
May 200221,70024.663.58$77,773
Apr 200218,71223.653.51$65,723
Mar 200218,56222.003.10$57,593
Feb 200217,37918.222.38$41,287
Jan 200215,90817.172.38$37,792
Dec 200118,39616.932.36$43,496
Nov 200119,22618.072.41$46,249
Oct 200119,66519.782.53$49,730
Sep 200112,14324.262.25$27,338
Aug 200119,29424.873.05$58,908
Jul 200119,45923.933.20$62,212
Jun 200118,37224.563.82$70,257
May 200122,45125.524.31$96,704
Apr 200122,73624.685.34$121,304
Mar 200124,24924.545.38$130,373
Feb 200123,66327.755.77$136,466
Jan 200123,91527.478.40$200,856
Dec 200027,59726.889.12$251,754
Nov 200026,99232.215.66$152,721
Oct 200028,31231.235.15$145,679
Sep 200021,45531.875.19$111,276
Aug 200016,04129.644.54$72,838
Jul 200013,77128.534.09$56,320
Jun 20007,31829.304.40$32,179
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 200076528.422.86$2,188
Feb 200011,24527.622.73$30,659
Jan 200013,22725.272.48$32,810
Dec 199923,30624.282.42$56,487
Nov 199920,88823.192.43$50,841
Oct 199921,38520.982.80$59,957
Sep 199918,79821.752.62$49,229
Aug 199920,40219.262.88$58,668
Jul 199921,57217.892.37$51,177
Jun 199921,10015.942.36$49,840
May 199921,08615.792.32$48,941
Apr 199920,73115.102.21$45,775
Mar 199922,14212.471.84$40,704
Feb 199920,8029.981.82$37,814
Jan 199922,97010.381.90$43,642
Dec 199824,1079.201.77$42,749
Nov 199823,06010.892.19$50,403
Oct 199824,45712.421.97$48,161
Sep 199822,95412.592.08$47,804
Aug 199824,49411.301.91$46,719
Jul 199825,38211.742.24$56,786
Jun 199823,81011.242.24$53,269
May 199825,77412.622.21$56,866
Apr 199826,07113.042.51$65,316
Mar 199826,00712.802.31$60,062
Feb 199824,21813.952.30$55,680
Jan 199829,46914.702.15$63,500
Dec 199731,10816.322.41$75,005
Nov 199716,54118.193.09$51,083
Oct 199728,90719.253.15$91,052
Sep 199728,87517.742.95$85,322
Aug 199729,29017.862.55$74,828
Jul 199729,30717.582.25$65,851
Jun 199721,13917.242.26$47,715
May 199730,07018.972.31$69,417
Apr 199727,98717.882.08$58,291
Mar 199730,30218.951.94$58,760
Feb 199725,28220.492.21$55,770
Jan 199729,63423.483.54$104,895
Dec 199629,25423.32$0
Nov 199631,07321.97$0
Oct 199629,48923.31$0
Sep 199632,89922.22$0
Aug 199632,13420.26$0
Jul 199634,23219.55$0
Jun 199632,61818.73$0
May 199634,43519.43$0
Apr 199635,50621.51$0
Mar 199634,18419.38$0
Feb 199632,03716.98$0
Jan 199634,69217.07$0
Dec 199535,27517.19$0
Nov 199532,16616.00$0
Oct 199538,11415.43$0
Sep 199540,04316.18$0
Aug 199540,72015.92$0
Jul 199544,48215.24$0
Jun 199543,57216.41$0
May 199538,57117.56$0
Apr 199538,54917.73$0
Mar 199537,78816.44$0
Feb 199535,52716.58$0
Jan 199536,62515.92$0
Dec 199431,26815.03$0
Nov 199436,24615.90$0
Oct 199435,38615.58$0
Sep 199435,13215.29$0
Aug 199439,24016.13$0
Jul 199443,47217.56$0
Jun 199440,87517.09$0
May 199442,48715.88$0
Apr 199454,06714.14$0
Mar 199449,11312.46$0
Feb 199448,23812.50$0
Jan 199453,27312.66$0
Dec 199352,95012.33$0
Nov 199354,70614.49$0
Oct 199357,63515.85$0
Sep 199340,96115.03$0
Aug 199365,48415.66$0
Jul 199359,90315.46$0
Jun 199350,55016.79$0
May 199367,94117.68$0
Apr 199361,00918.05$0
Mar 199361,94718.14$0
Feb 199352,04317.90$0
Jan 199368,03316.93$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.

Apr 2016 — as filed, then multipliedworked
Gas                  177 Mcf  × $  1.99 =       $352

────────────────────────────────────────────────────
Month total                                     $352

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/123619 is the state's own key, not one this site invented.