GARRETT "E"

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

Gas lease lease 132314District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
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 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas331990-03-20 – 1996-01-103 dockets
NGPA3none

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
CondensateDisposition1,412 bbl$35,753
GasProduction546,787 Mcf$1,714,745
Total$1,750,498

182,051 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 32.4524, -94.1919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45243, -94.19188 · 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
9,790 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 9,790 ft.

Completions filed
Sep 1989
1 of 1 wells

1 well

42-2033180739,790 ftSep 1989

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 20261063.503.75$64
Jan 2026028059.138.00$2,239
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 20242075.632.06$151
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 20241073.023.30$73
Dec 2023120771.262.61$612
Nov 2023124177.892.81$755
Oct 2023027885.443.09$858
Sep 2023155289.042.74$1,599
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 20231072.852.39$73
Feb 2023135775.112.47$955
Jan 2023128776.533.39$1,049
Dec 2022026176.415.73$1,495
Nov 2022069885.005.65$3,941
Oct 2022074087.185.86$4,339
Sep 2022075584.888.16$6,164
Aug 2022050394.529.13$4,591
Jul 20220510101.587.54$3,846
Jun 20220479115.097.98$3,821
May 20220510109.378.43$4,301
Apr 20220459104.226.84$3,138
Mar 20221573108.885.08$3,018
Feb 2022144091.054.86$2,229
Jan 2022166481.844.54$3,095
Dec 2021151571.323.90$2,079
Nov 2021131877.435.24$1,743
Oct 2021145679.795.71$2,685
Sep 202121,04169.865.35$5,710
Aug 202121,04666.024.22$4,547
Jul 202121,40470.783.98$5,732
Jun 2021791669.493.38$3,583
May 202111,88863.483.02$5,761
Apr 202131,06260.362.76$3,111
Mar 202101,75561.302.72$4,768
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 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018048465.382.90$1,404
Apr 2018043063.842.90$1,247
Mar 2018040061.222.79$1,115
Feb 2018032361.782.77$893
Jan 2018045062.874.01$1,804
Dec 2017041657.272.92$1,215
Nov 2017046355.423.12$1,444
Oct 2017051449.292.98$1,534
Sep 2017050447.523.09$1,556
Aug 2017045845.373.00$1,376
Jul 2017042843.873.09$1,321
Jun 2017049742.493.09$1,534
May 2017052645.373.26$1,717
Apr 2017053747.933.21$1,725
Mar 2017060846.772.98$1,814
Feb 2017050650.452.95$1,494
Jan 2017049249.413.42$1,682
Dec 2016051248.763.72$1,906
Nov 2016047742.492.64$1,261
Oct 2016053946.193.09$1,666
Sep 2016035241.553.10$1,091
Aug 2016034941.442.92$1,021
Jul 2016040741.622.92$1,190
Jun 2016048645.352.69$1,305
May 2016051842.521.99$1,031
Apr 2016052036.561.99$1,035
Mar 2016054233.011.79$972
Feb 2016058826.472.06$1,213
Jan 2016069327.352.36$1,639
Dec 2015087532.362.00$1,751
Nov 2015092038.792.17$1,994
Oct 201501,14243.552.43$2,771
Sep 201501,18142.992.76$3,258
Aug 201501,30140.162.87$3,737
Jul 201501,36448.152.95$4,017
Jun 201501,12256.152.88$3,235
May 201501,19955.212.96$3,544
Apr 201501,49949.822.71$4,057
Mar 2015095642.892.93$2,806
Feb 201501,28944.662.98$3,836
Jan 201501,14843.433.10$3,560
Dec 201401,15554.693.59$4,148
Nov 201401,38570.464.25$5,889
Oct 201401,39978.303.90$5,457
Sep 201401,29886.164.05$5,251
Aug 201401,38689.394.04$5,593
Jul 201401,37296.564.18$5,734
Jun 201401,31498.164.74$6,224
May 201401,31394.734.73$6,206
Apr 201401,26295.944.81$6,069
Mar 201401,47895.895.06$7,474
Feb 2014076797.406.19$4,749
Jan 201401,07990.404.86$5,245
Dec 201301,07891.824.35$4,694
Nov 2013099788.853.74$3,727
Oct 2013095697.423.78$3,613
Sep 20130900104.113.72$3,346
Aug 20130912104.253.52$3,213
Jul 20130963102.523.72$3,580
Jun 2013088894.403.93$3,493
May 201301,04494.834.15$4,332
Apr 2013092193.964.28$3,944
Mar 201301,05993.623.91$4,144
Feb 2013096991.233.42$3,314
Jan 201301,07891.603.42$3,687
Dec 201201,11586.773.42$3,813
Nov 201201,01386.953.62$3,672
Oct 201201,05289.383.40$3,576
Sep 201201,03394.672.92$3,015
Aug 201201,01192.662.91$2,940
Jul 201201,01185.133.02$3,054
Jun 2012094579.822.52$2,380
May 201201,04791.612.49$2,605
Apr 201201,053101.652.00$2,103
Mar 201201,153105.052.22$2,562
Feb 201201,108101.102.57$2,848
Jan 201201,28598.092.73$3,513
Dec 201101,30896.873.24$4,238
Nov 201101,16895.723.31$3,868
Oct 201101,11884.983.65$4,079
Sep 201101,06683.623.99$4,249
Aug 201101,16083.404.15$4,813
Jul 2011083994.144.52$3,790
Jun 2011088692.904.64$4,111
May 2011097998.134.40$4,312
Apr 201101,168105.964.33$5,061
Mar 201101,03496.364.06$4,195
Feb 2011083185.644.18$3,474
Jan 2011069586.504.59$3,189
Dec 2010077485.734.35$3,365
Nov 2010081080.843.80$3,074
Oct 201001,11978.103.51$3,926
Sep 201001,01772.633.98$4,047
Aug 2010063373.684.42$2,797
Jul 2010087172.554.74$4,125
Jun 2010068770.364.91$3,373
May 2010098571.124.24$4,172
Apr 2010099781.694.12$4,110
Mar 2010082578.394.39$3,621
Feb 2010059173.585.44$3,216
Jan 2010014474.365.96$859
Dec 200901,02071.445.48$5,593
Nov 2009087374.593.75$3,275
Oct 200901,49872.544.11$6,157
Sep 200901,13865.543.06$3,488
Aug 2009095867.423.22$3,083
Jul 2009087061.133.46$3,014
Jun 200901,14566.163.90$4,460
May 200901,12454.743.93$4,413
Apr 200901,19546.773.59$4,287
Mar 200901,43342.144.06$5,817
Feb 200901,30232.814.63$6,032
Jan 200901,50235.865.37$8,067
Dec 200801,52837.105.98$9,133
Nov 200801,36855.496.86$9,385
Oct 200801,39075.246.92$9,622
Sep 200801,382101.767.88$10,886
Aug 200801,664114.228.48$14,116
Jul 200801,481131.0811.39$16,868
Jun 200801,364131.3313.03$17,777
May 200801,578123.1711.57$18,264
Apr 200801,480110.3110.45$15,473
Mar 200821,504101.909.66$14,739
Feb 2008121,57692.538.77$14,933
Jan 2008111,69690.388.21$14,911
Dec 200741,85488.337.30$13,891
Nov 200771,71191.677.29$13,118
Oct 200771,82782.856.92$13,226
Sep 200741,73875.846.24$11,156
Aug 200771,55969.066.39$10,442
Jul 200731,73370.906.39$11,283
Jun 200711,48362.007.55$11,256
May 200731,31658.747.85$10,502
Apr 200721,49659.617.81$11,796
Mar 200731,56656.927.30$11,606
Feb 200711,63555.108.22$13,488
Jan 200701,78450.306.73$12,001
Dec 200621,76956.656.92$12,352
Nov 200601,41754.207.62$10,794
Oct 2006054254.906.01$3,259
Sep 2006067160.085.04$3,380
Aug 200621,31968.717.34$9,819
Jul 200641,87569.376.34$12,170
Jun 200631,61366.286.38$10,496
May 200651,84366.016.42$12,171
Apr 200641,74464.397.36$13,094
Mar 200631,91456.707.08$13,727
Feb 2006142357.597.75$3,336
Jan 200622,24060.598.93$20,132
Dec 200522,18954.9413.42$29,476
Nov 200531,96554.6910.59$20,970
Oct 200552,51458.3413.80$34,974
Sep 200582,47061.4512.08$30,327
Aug 2005142,06561.519.80$21,092
Jul 200501,97155.697.84$15,460
Jun 200561,96652.337.38$14,825
May 200572,08145.226.65$14,158
Apr 2005152,22949.207.36$17,145
Mar 2005102,34950.377.15$17,311
Feb 2005112,10145.226.31$13,759
Jan 200592,42443.166.32$15,713
Dec 200402,35639.866.75$15,906
Nov 200402,23645.286.33$14,155
Oct 200401,79949.706.52$11,721
Sep 200402,04143.245.28$10,784
Aug 200402,64442.375.55$14,676
Jul 200402,85338.286.08$17,358
Jun 200403,11936.106.43$20,065
May 200402,66337.486.49$17,295
Apr 2004078934.475.86$4,622
Mar 2004018834.365.53$1,040
Feb 2004066932.455.51$3,686
Jan 2004099532.036.30$6,268
Dec 2003074630.266.30$4,701
Nov 2003049728.804.60$2,284
Oct 2003070828.174.76$3,370
Sep 2003069926.314.75$3,320
Aug 2003083029.765.13$4,258
Jul 2003073329.415.17$3,790
Jun 200301,24128.565.98$7,425
May 200301,41426.595.97$8,445
Apr 200301,57226.675.41$8,500
Mar 2003076131.146.10$4,639
Feb 2003089933.487.93$7,125
Jan 200301,24030.315.58$6,922
Dec 2002069326.914.85$3,364
Nov 2002073024.664.14$3,020
Oct 200201,08926.464.23$4,606
Sep 2002066827.443.64$2,428
Aug 2002085725.963.16$2,712
Jul 2002076224.583.06$2,333
Jun 2002073123.733.34$2,440
May 200201,03624.663.58$3,713
Apr 200201,24023.653.51$4,355
Mar 2002098222.003.10$3,047
Feb 200201,00518.222.38$2,388
Jan 200201,35417.172.38$3,217
Dec 200101,37916.932.36$3,261
Nov 200102,19718.072.41$5,285
Oct 2001080619.782.53$2,038
Sep 200121,39624.262.25$3,191
Aug 200111,58124.873.05$4,852
Jul 200121,79523.933.20$5,787
Jun 200121,88124.563.82$7,242
May 200131,83225.524.31$7,968
Apr 200172,01124.685.34$10,902
Mar 2001102,07124.545.38$11,380
Feb 200171,65427.755.77$9,733
Jan 2001624927.478.40$2,256
Dec 2000141,30426.889.12$12,272
Nov 2000201,49532.215.66$9,103
Oct 2000271,87731.235.15$10,501
Sep 200002,02231.875.19$10,487
Aug 200002,05029.644.54$9,309
Jul 2000292,04328.534.09$9,183
Jun 200002,02829.304.40$8,918
May 200002,21727.263.68$8,158
Apr 2000211,99824.513.12$6,740
Mar 200002,11928.422.86$6,060
Feb 200001,84327.622.73$5,025
Jan 2000221,42925.272.48$4,101
Dec 199901,08924.282.42$2,639
Nov 199901,93023.192.43$4,698
Oct 1999291,93320.982.80$6,028
Sep 199902,23521.752.62$5,853
Aug 199902,07919.262.88$5,978
Jul 199902,65017.892.37$6,287
Jun 1999322,69515.942.36$6,876
May 199901,95415.792.32$4,535
Apr 1999322,59215.102.21$6,206
Mar 199902,24712.471.84$4,131
Feb 1999252,5149.981.82$4,819
Jan 199902,24310.381.90$4,262
Dec 199801,8519.201.77$3,282
Nov 1998121,20710.892.19$2,769
Oct 199801,17112.421.97$2,306
Sep 1998171,28612.592.08$2,892
Aug 1998083311.301.91$1,589
Jul 1998091411.742.24$2,045
Jun 1998561,33011.242.24$3,605
May 199802,06812.622.21$4,563
Apr 199851,54813.042.51$3,943
Mar 199804,30412.802.31$9,940
Feb 199813,90113.952.30$8,983
Jan 1998171,00114.702.15$2,407
Dec 1997049816.322.41$1,201
Nov 1997067318.193.09$2,078
Oct 1997086119.253.15$2,712
Sep 1997080617.742.95$2,382
Aug 1997311,23117.862.55$3,699
Jul 1997372,95517.582.25$7,290
Jun 199703,38217.242.26$7,634
May 199703,33018.972.31$7,687
Apr 1997333,34917.882.08$7,565
Mar 199703,75518.951.94$7,281
Feb 1997253,14920.492.21$7,459
Jan 199722,87723.483.54$10,231
Dec 199642,29323.32$93
Nov 1996182,67821.97$395
Oct 199613,15223.31$23
Sep 1996552,87922.22$1,222
Aug 1996303,06520.26$608
Jul 199603,43819.55$0
Jun 199603,02118.73$0
May 199603,65019.43$0
Apr 199683,90321.51$172
Mar 199654,02219.38$97
Feb 199673,30616.98$119
Jan 199614,25417.07$17
Dec 19951102,03417.19$1,891
Nov 199501,74216.00$0
Oct 199501,06115.43$0
Sep 199501,81016.18$0
Aug 199502,56015.92$0
Jul 199501,61615.24$0
Jun 199503,10116.41$0
May 199502,90217.56$0
Apr 199502,69217.73$0
Mar 199503,19116.44$0
Feb 199502,61916.58$0
Jan 199503,27915.92$0
Dec 199402,35115.03$0
Nov 19941772,36115.90$2,814
Oct 199402,31015.58$0
Sep 199403,81415.29$0
Aug 199403,41116.13$0
Jul 199423,69417.56$35
Jun 199403,99217.09$0
May 199404,25915.88$0
Apr 199404,43414.14$0
Mar 199404,56212.46$0
Feb 199404,23312.50$0
Jan 199404,50912.66$0
Dec 199335,28912.33$37
Nov 19932024,87314.49$2,927
Oct 199335,41315.85$48
Sep 199325,42115.03$30
Aug 199335,76815.66$47
Jul 199336,18115.46$46
Jun 199346,31616.79$67
May 199346,73017.68$71
Apr 199356,69618.05$90
Mar 1993166,91818.14$290
Feb 199365,98717.90$107
Jan 199304,26116.93$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.

Feb 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 63.50 =        $64
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/132314 is the state's own key, not one this site invented.