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 133537District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1993 – Dec 2017
Value, last 12 filed months
$563
at the published price for each month
Months reported
300
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 Gas221990-06-14 – 1991-10-222 dockets
NGPA2none

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
CondensateDisposition4,028 bbl$117,938
GasProduction620,342 Mcf$1,838,592
Total$1,956,529

234,923 Mcf of this lease's gas, across 44 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 32.4466, -94.1919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44662, -94.19194 · 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
9,800 ft
1 wells filed one
Completion to plug
27.9 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 9,800 ft.

Completions filed
Jan 1990
1 of 1 wells
Plug dates filed
Dec 2017
1 of 1 wells

Last completion to plug: a median of 27.9 years across the 1 well that filed both dates, with the middle half between 27.9 years and 27.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033185249,800 ftJan 1990Dec 2017Yes

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 (300)

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

300 months

Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701047.933.21$32
Mar 201703646.772.98$107
Feb 20170950.452.95$27
Jan 2017011649.413.42$397
Dec 2016020348.763.72$756
Nov 2016013442.492.64$354
Oct 201607546.193.09$232
Sep 201604241.553.10$130
Aug 20160441.442.92$12
Jul 201601941.622.92$56
Jun 2016025845.352.69$693
May 2016030042.521.99$597
Apr 2016026536.561.99$528
Mar 2016031833.011.79$571
Feb 2016032126.472.06$662
Jan 2016035327.352.36$835
Dec 2015035632.362.00$713
Nov 2015034938.792.17$756
Oct 2015038143.552.43$925
Sep 2015047742.992.76$1,316
Aug 2015048540.162.87$1,393
Jul 2015046648.152.95$1,372
Jun 2015046656.152.88$1,343
May 2015048655.212.96$1,436
Apr 2015058849.822.71$1,591
Mar 2015044042.892.93$1,291
Feb 2015043544.662.98$1,295
Jan 2015052243.433.10$1,619
Dec 2014048454.693.59$1,738
Nov 2014047970.464.25$2,037
Oct 2014046978.303.90$1,830
Sep 2014043486.164.05$1,756
Aug 2014044289.394.04$1,784
Jul 2014047196.564.18$1,969
Jun 2014044198.164.74$2,089
May 2014034494.734.73$1,626
Apr 2014033795.944.81$1,621
Mar 2014032495.895.06$1,638
Feb 2014031497.406.19$1,944
Jan 2014017890.404.86$865
Dec 2013022391.824.35$971
Nov 2013044788.853.74$1,671
Oct 2013064597.423.78$2,438
Sep 20130563104.113.72$2,093
Aug 20130674104.253.52$2,374
Jul 20130362102.523.72$1,346
Jun 2013034794.403.93$1,365
May 2013041394.834.15$1,714
Apr 2013024793.964.28$1,058
Mar 2013035393.623.91$1,381
Feb 2013013891.233.42$472
Jan 2013013591.603.42$462
Dec 2012034286.773.42$1,170
Nov 2012024186.953.62$874
Oct 2012028689.383.40$972
Sep 2012045394.672.92$1,322
Aug 2012050492.662.91$1,466
Jul 2012059285.133.02$1,788
Jun 2012063779.822.52$1,605
May 2012045091.612.49$1,120
Apr 20120390101.652.00$779
Mar 20120463105.052.22$1,029
Feb 20120216101.102.57$555
Jan 2012051998.092.73$1,419
Dec 2011050096.873.24$1,620
Nov 2011024295.723.31$801
Oct 2011046584.983.65$1,697
Sep 2011043583.623.99$1,734
Aug 2011011183.404.15$461
Jul 2011024394.144.52$1,098
Jun 2011041492.904.64$1,921
May 2011031198.134.40$1,370
Apr 20110391105.964.33$1,694
Mar 2011027896.364.06$1,128
Feb 2011032985.644.18$1,375
Jan 2011044986.504.59$2,060
Dec 2010059985.734.35$2,604
Nov 2010050680.843.80$1,920
Oct 2010052578.103.51$1,842
Sep 2010073772.633.98$2,933
Aug 201001,15073.684.42$5,082
Jul 2010026372.554.74$1,246
Jun 2010020870.364.91$1,021
May 2010015571.124.24$656
Apr 2010043481.694.12$1,789
Mar 2010037878.394.39$1,659
Feb 2010021873.585.44$1,186
Jan 2010021874.365.96$1,300
Dec 2009020371.445.48$1,113
Nov 20090074.593.75$0
Oct 200907972.544.11$325
Sep 2009083165.543.06$2,547
Aug 2009090267.423.22$2,903
Jul 200901,44661.133.46$5,010
Jun 200901,99966.163.90$7,786
May 200901,55554.743.93$6,105
Apr 200902,23446.773.59$8,014
Mar 200901,18742.144.06$4,818
Feb 200901,16732.814.63$5,407
Jan 200901,31835.865.37$7,079
Dec 200801,45637.105.98$8,703
Nov 200801,42855.496.86$9,797
Oct 200801,68175.246.92$11,636
Sep 200801,609101.767.88$12,674
Aug 200832,453114.228.48$21,152
Jul 200832,726131.0811.39$31,441
Jun 200842,637131.3313.03$34,892
May 200833,142123.1711.57$36,736
Apr 200822,251110.3110.45$23,755
Mar 200841,954101.909.66$19,291
Feb 2008181,81692.538.77$17,593
Jan 2008152,23990.388.21$19,728
Dec 200762,24488.337.30$16,916
Nov 2007111,99291.677.29$15,533
Oct 2007112,01082.856.92$14,825
Sep 200772,14575.846.24$13,925
Aug 2007121,91769.066.39$13,074
Jul 2007101,87670.906.39$12,693
Jun 2007783762.007.55$6,752
May 2007672458.747.85$6,033
Apr 2007565259.617.81$5,387
Mar 2007777756.927.30$6,072
Feb 2007476755.108.22$6,522
Jan 2007398150.306.73$6,750
Dec 2006586556.656.92$6,268
Nov 200641,24054.207.62$9,662
Oct 200681,68954.906.01$10,597
Sep 200691,65160.085.04$8,857
Aug 200671,59368.717.34$12,173
Jul 200672,65769.376.34$17,338
Jun 200662,47866.286.38$16,217
May 200672,03266.016.42$13,518
Apr 2006103,01164.397.36$22,806
Mar 200693,74656.707.08$27,043
Feb 2006123,87357.597.75$30,711
Jan 2006185,69060.598.93$51,921
Dec 2005236,07654.9413.42$82,776
Nov 2005325,04654.6910.59$55,179
Oct 2005314,91058.3413.80$69,546
Sep 2005312,55861.4512.08$32,803
Aug 2005992,37161.519.80$29,318
Jul 200502,65155.697.84$20,793
Jun 2005862,21452.337.38$20,842
May 2005962,33245.226.65$19,852
Apr 20051982,82949.207.36$30,564
Mar 2005702,00050.377.15$17,836
Feb 2005561,13345.226.31$9,684
Jan 20053877343.166.32$6,527
Dec 2004070039.866.75$4,726
Nov 2004063045.286.33$3,988
Oct 2004080849.706.52$5,264
Sep 2004067743.245.28$3,577
Aug 2004075442.375.55$4,185
Jul 2004053838.286.08$3,273
Jun 2004056236.106.43$3,615
May 2004049937.486.49$3,241
Apr 2004047834.475.86$2,800
Mar 2004014634.365.53$807
Feb 2004076832.455.51$4,231
Jan 200401,61732.036.30$10,187
Dec 2003050830.266.30$3,201
Nov 2003076528.804.60$3,515
Oct 2003083528.174.76$3,974
Sep 2003062326.314.75$2,959
Aug 2003074029.765.13$3,796
Jul 200301,12029.415.17$5,791
Jun 2003047128.565.98$2,818
May 200313926.595.97$260
Apr 2003152926.675.41$2,887
Mar 200321,45631.146.10$8,938
Feb 2003253233.487.93$4,284
Jan 200331,25030.315.58$7,068
Dec 200231,93626.914.85$9,478
Nov 2002551,95224.664.14$9,432
Oct 20021762,03826.464.23$13,276
Sep 20021352,86927.443.64$14,134
Aug 200202,70725.963.16$8,565
Jul 20021273,08124.583.06$12,555
Jun 20021203,45123.733.34$14,368
May 20021152,92124.663.58$13,305
Apr 20021392,99523.653.51$13,807
Mar 20021413,24922.003.10$13,183
Feb 20021483,30618.222.38$10,551
Jan 200204,12317.172.38$9,795
Dec 200103,45916.932.36$8,178
Nov 200102,40718.072.41$5,790
Oct 2001092519.782.53$2,339
Sep 200101,72024.262.25$3,872
Aug 200101,33424.873.05$4,073
Jul 200101,19123.933.20$3,808
Jun 200101,60424.563.82$6,134
May 200101,62025.524.31$6,978
Apr 200151,68824.685.34$9,129
Mar 2001113,36824.545.38$18,378
Feb 200182,88627.755.77$16,866
Jan 2001649827.478.40$4,347
Dec 2000141,33826.889.12$12,582
Nov 2000281,82932.215.66$11,250
Oct 2000442,99231.235.15$16,769
Sep 200003,15131.875.19$16,343
Aug 200003,14329.644.54$14,272
Jul 2000323,94528.534.09$17,047
Jun 200002,92529.304.40$12,862
May 200002,70227.263.68$9,943
Apr 2000391,89824.513.12$6,870
Mar 200002,75228.422.86$7,870
Feb 200003,63427.622.73$9,908
Jan 2000362,48225.272.48$7,066
Dec 199902,25124.282.42$5,456
Nov 199903,43323.192.43$8,356
Oct 1999442,98620.982.80$9,295
Sep 199903,17721.752.62$8,320
Aug 199903,11819.262.88$8,966
Jul 199903,76617.892.37$8,934
Jun 1999453,84915.942.36$9,809
May 199903,17515.792.32$7,369
Apr 1999423,96415.102.21$9,387
Mar 199903,31112.471.84$6,087
Feb 1999403,4399.981.82$6,651
Jan 199903,47710.381.90$6,606
Dec 199802,7779.201.77$4,925
Nov 1998452,71710.892.19$6,429
Oct 199803,12412.421.97$6,152
Sep 1998503,85812.592.08$8,664
Aug 199803,33311.301.91$6,357
Jul 199803,99911.742.24$8,947
Jun 1998434,43311.242.24$10,401
May 199804,62212.622.21$10,198
Apr 1998314,64313.042.51$12,036
Mar 199802,42112.802.31$5,591
Feb 199823,09313.952.30$7,139
Jan 1998453,12814.702.15$7,402
Dec 199703,08616.322.41$7,441
Nov 199704,03718.193.09$12,467
Oct 199703,55019.253.15$11,182
Sep 199703,45317.742.95$10,203
Aug 1997372,83017.862.55$7,891
Jul 1997383,61117.582.25$8,782
Jun 199703,89017.242.26$8,781
May 199703,16418.972.31$7,304
Apr 1997434,23117.882.08$9,581
Mar 199704,64918.951.94$9,015
Feb 1997423,14920.492.21$7,807
Jan 199744,02823.483.54$14,352
Dec 199664,23423.32$140
Nov 1996554,73821.97$1,208
Oct 199635,09223.31$70
Sep 1996925,47022.22$2,044
Aug 1996345,10920.26$689
Jul 199604,96619.55$0
Jun 199644,81818.73$75
May 199605,56419.43$0
Apr 1996115,99321.51$237
Mar 199656,06719.38$97
Feb 19962015,29016.98$3,413
Jan 199687,87017.07$137
Dec 199503,40517.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995060815.24$0
Jun 199504,24916.41$0
May 199504,10617.56$0
Apr 199504,58517.73$0
Mar 199504,94016.44$0
Feb 199503,85116.58$0
Jan 199504,76915.92$0
Dec 199405,38215.03$0
Nov 19941784,13615.90$2,830
Oct 199404,31915.58$0
Sep 199404,70415.29$0
Aug 1994684,70516.13$1,097
Jul 199425,12617.56$35
Jun 199405,25917.09$0
May 199405,43915.88$0
Apr 199405,48314.14$0
Mar 199404,97212.46$0
Feb 199405,14712.50$0
Jan 199405,85412.66$0
Dec 19931946,20012.33$2,392
Nov 199335,71014.49$43
Oct 199376,51515.85$111
Sep 199336,50915.03$45
Aug 199336,74915.66$47
Jul 199336,86715.46$46
Jun 199336,51016.79$50
May 19931866,09317.68$3,288
Apr 199336,49018.05$54
Mar 199387,18018.14$145
Feb 199336,67917.90$54
Jan 199307,17116.93$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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.93 =         $0
Gas                   10 Mcf  × $  3.21 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/133537 is the state's own key, not one this site invented.