GARRETT "E"

Name: GARRETT "E" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 136317District 06Field 953691602 tax incentive programmesCondensateGasSave Export

Value, all time

$1.9 M

Jan 1993 – Jun 2011

Value, last 12 filed months

$70 k

at the published price for each month

Months reported

222

no gaps in the span

Streams

condensate, gas

The WASKOM (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1991-11-20	124156
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4,764 bbl	$115,995
Gas	Production	660,544 Mcf	$1,775,965
Total			$1,891,960

263,850 Mcf of this lease's gas, across 47 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 32.4472, -94.2035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44720, -94.20351 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,790 ft

1 wells filed one

Completion to plug

20.8 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 9,790 ft.

Completions filed

Aug 1990

1 of 1 wells

Plug dates filed

Jun 2011

1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20331912	9	9,790 ft	Aug 1990	Jun 2011	Yes

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 (222)

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

222 months


Jun 2011	1	0	92.90	4.64	$93
May 2011	6	952	98.13	4.40	$4,782
Apr 2011	7	1,212	105.96	4.33	$5,994
Mar 2011	8	1,302	96.36	4.06	$6,054
Feb 2011	5	1,323	85.64	4.18	$5,958
Jan 2011	11	1,672	86.50	4.59	$8,624
Dec 2010	6	1,505	85.73	4.35	$7,058
Nov 2010	8	1,455	80.84	3.80	$6,169
Oct 2010	10	1,537	78.10	3.51	$6,174
Sep 2010	10	1,641	72.63	3.98	$7,257
Aug 2010	0	1,306	73.68	4.42	$5,772
Jul 2010	0	1,382	72.55	4.74	$6,546
Jun 2010	0	993	70.36	4.91	$4,876
May 2010	0	2,108	71.12	4.24	$8,928
Apr 2010	0	2,288	81.69	4.12	$9,433
Mar 2010	0	2,328	78.39	4.39	$10,217
Feb 2010	0	1,443	73.58	5.44	$7,853
Jan 2010	0	867	74.36	5.96	$5,171
Dec 2009	0	1,002	71.44	5.48	$5,495
Nov 2009	0	1,615	74.59	3.75	$6,059
Oct 2009	0	1,068	72.54	4.11	$4,390
Sep 2009	0	689	65.54	3.06	$2,112
Aug 2009	0	515	67.42	3.22	$1,658
Jul 2009	0	416	61.13	3.46	$1,441
Jun 2009	0	562	66.16	3.90	$2,189
May 2009	0	499	54.74	3.93	$1,959
Apr 2009	0	707	46.77	3.59	$2,536
Mar 2009	0	783	42.14	4.06	$3,178
Feb 2009	0	769	32.81	4.63	$3,563
Jan 2009	0	851	35.86	5.37	$4,571
Dec 2008	0	847	37.10	5.98	$5,063
Nov 2008	0	876	55.49	6.86	$6,010
Oct 2008	0	995	75.24	6.92	$6,887
Sep 2008	0	815	101.76	7.88	$6,420
Aug 2008	4	977	114.22	8.48	$8,745
Jul 2008	6	1,107	131.08	11.39	$13,395
Jun 2008	8	1,187	131.33	13.03	$16,520
May 2008	9	1,838	123.17	11.57	$22,382
Apr 2008	6	1,829	110.31	10.45	$19,784
Mar 2008	4	1,460	101.90	9.66	$14,517
Feb 2008	0	1,412	92.53	8.77	$12,384
Jan 2008	0	2,279	90.38	8.21	$18,701
Dec 2007	0	2,289	88.33	7.30	$16,714
Nov 2007	0	2,012	91.67	7.29	$14,671
Oct 2007	0	2,050	82.85	6.92	$14,190
Sep 2007	0	1,354	75.84	6.24	$8,455
Aug 2007	0	1,639	69.06	6.39	$10,470
Jul 2007	0	2,007	70.90	6.39	$12,821
Jun 2007	0	1,573	62.00	7.55	$11,874
May 2007	0	1,483	58.74	7.85	$11,636
Apr 2007	0	1,304	59.61	7.81	$10,178
Mar 2007	5	1,432	56.92	7.30	$10,741
Feb 2007	19	1,183	55.10	8.22	$10,766
Jan 2007	21	1,420	50.30	6.73	$10,608
Dec 2006	27	1,471	56.65	6.92	$11,707
Nov 2006	21	1,510	54.20	7.62	$12,641
Oct 2006	31	1,673	54.90	6.01	$11,763
Sep 2006	34	1,591	60.08	5.04	$10,057
Aug 2006	21	1,459	68.71	7.34	$12,152
Jul 2006	4	1,759	69.37	6.34	$11,434
Jun 2006	3	1,711	66.28	6.38	$11,122
May 2006	7	2,592	66.01	6.42	$17,116
Apr 2006	8	2,664	64.39	7.36	$20,123
Mar 2006	6	2,946	56.70	7.08	$21,206
Feb 2006	6	2,670	57.59	7.75	$21,041
Jan 2006	0	1,994	60.59	8.93	$17,813
Dec 2005	0	1,480	54.94	13.42	$19,855
Nov 2005	0	1,451	54.69	10.59	$15,364
Oct 2005	0	1,767	58.34	13.80	$24,377
Sep 2005	0	1,824	61.45	12.08	$22,032
Aug 2005	2	2,100	61.51	9.80	$20,696
Jul 2005	0	1,865	55.69	7.84	$14,628
Jun 2005	4	1,539	52.33	7.38	$11,569
May 2005	4	1,799	45.22	6.65	$12,146
Apr 2005	9	1,564	49.20	7.36	$11,955
Mar 2005	6	2,107	50.37	7.15	$15,378
Feb 2005	8	1,930	45.22	6.31	$12,544
Jan 2005	8	2,619	43.16	6.32	$16,903
Dec 2004	0	2,087	39.86	6.75	$14,090
Nov 2004	0	3,436	45.28	6.33	$21,751
Oct 2004	0	2,740	49.70	6.52	$17,851
Sep 2004	0	2,236	43.24	5.28	$11,815
Aug 2004	4	3,799	42.37	5.55	$21,256
Jul 2004	6	3,504	38.28	6.08	$21,549
Jun 2004	10	4,003	36.10	6.43	$26,112
May 2004	4	2,651	37.48	6.49	$17,367
Apr 2004	3	1,086	34.47	5.86	$6,466
Mar 2004	74	1,360	34.36	5.53	$10,064
Feb 2004	225	1,226	32.45	5.51	$14,056
Jan 2004	43	1,777	32.03	6.30	$12,572
Dec 2003	3	3,143	30.26	6.30	$19,897
Nov 2003	7	1,862	28.80	4.60	$8,758
Oct 2003	9	1,270	28.17	4.76	$6,298
Sep 2003	5	1,229	26.31	4.75	$5,969
Aug 2003	16	1,428	29.76	5.13	$7,801
Jul 2003	119	1,507	29.41	5.17	$11,292
Jun 2003	93	1,479	28.56	5.98	$11,505
May 2003	335	1,650	26.59	5.97	$18,763
Apr 2003	103	1,450	26.67	5.41	$10,588
Mar 2003	95	1,954	31.14	6.10	$14,870
Feb 2003	21	2,128	33.48	7.93	$17,569
Jan 2003	8	1,852	30.31	5.58	$10,580
Dec 2002	9	1,170	26.91	4.85	$5,921
Nov 2002	15	2,061	24.66	4.14	$8,896
Oct 2002	3	2,432	26.46	4.23	$10,365
Sep 2002	2	3,864	27.44	3.64	$14,101
Aug 2002	0	1,958	25.96	3.16	$6,195
Jul 2002	2	3,665	24.58	3.06	$11,271
Jun 2002	3	4,600	23.73	3.34	$15,427
May 2002	1	3,716	24.66	3.58	$13,343
Apr 2002	2	3,671	23.65	3.51	$12,941
Mar 2002	3	3,386	22.00	3.10	$10,572
Feb 2002	1	2,388	18.22	2.38	$5,691
Jan 2002	0	3,214	17.17	2.38	$7,635
Dec 2001	0	2,155	16.93	2.36	$5,095
Nov 2001	0	1,802	18.07	2.41	$4,335
Oct 2001	0	1,286	19.78	2.53	$3,252
Sep 2001	0	1,868	24.26	2.25	$4,205
Aug 2001	0	1,806	24.87	3.05	$5,514
Jul 2001	0	2,188	23.93	3.20	$6,995
Jun 2001	0	2,400	24.56	3.82	$9,178
May 2001	0	2,314	25.52	4.31	$9,967
Apr 2001	0	2,397	24.68	5.34	$12,789
Mar 2001	0	1,742	24.54	5.38	$9,366
Feb 2001	1	2,199	27.75	5.77	$12,710
Jan 2001	6	552	27.47	8.40	$4,801
Dec 2000	16	1,023	26.88	9.12	$9,762
Nov 2000	25	2,263	32.21	5.66	$13,609
Oct 2000	32	2,179	31.23	5.15	$12,211
Sep 2000	0	2,552	31.87	5.19	$13,236
Aug 2000	0	2,425	29.64	4.54	$11,011
Jul 2000	47	2,284	28.53	4.09	$10,682
Jun 2000	0	2,690	29.30	4.40	$11,829
May 2000	0	2,925	27.26	3.68	$10,763
Apr 2000	47	3,644	24.51	3.12	$12,507
Mar 2000	0	4,218	28.42	2.86	$12,062
Feb 2000	0	4,079	27.62	2.73	$11,121
Jan 2000	50	2,681	25.27	2.48	$7,914
Dec 1999	0	4,173	24.28	2.42	$10,114
Nov 1999	0	4,612	23.19	2.43	$11,226
Oct 1999	46	4,140	20.98	2.80	$12,572
Sep 1999	0	4,983	21.75	2.62	$13,050
Aug 1999	0	4,287	19.26	2.88	$12,328
Jul 1999	0	3,627	17.89	2.37	$8,605
Jun 1999	38	2,952	15.94	2.36	$7,579
May 1999	0	3,785	15.79	2.32	$8,785
Apr 1999	29	4,422	15.10	2.21	$10,202
Mar 1999	0	2,602	12.47	1.84	$4,783
Feb 1999	72	2,779	9.98	1.82	$5,770
Jan 1999	0	1,906	10.38	1.90	$3,621
Dec 1998	0	1,667	9.20	1.77	$2,956
Nov 1998	64	4,225	10.89	2.19	$9,932
Oct 1998	0	4,295	12.42	1.97	$8,458
Sep 1998	25	2,338	12.59	2.08	$5,184
Aug 1998	0	2,291	11.30	1.91	$4,370
Jul 1998	0	3,084	11.74	2.24	$6,900
Jun 1998	36	1,994	11.24	2.24	$4,866
May 1998	0	2,311	12.62	2.21	$5,099
Apr 1998	41	3,353	13.04	2.51	$8,935
Mar 1998	0	3,441	12.80	2.31	$7,947
Feb 1998	1	3,363	13.95	2.30	$7,746
Jan 1998	63	5,131	14.70	2.15	$11,982
Dec 1997	0	4,281	16.32	2.41	$10,322
Nov 1997	0	2,884	18.19	3.09	$8,907
Oct 1997	0	3,980	19.25	3.15	$12,536
Sep 1997	0	3,453	17.74	2.95	$10,203
Aug 1997	44	4,185	17.86	2.55	$11,477
Jul 1997	54	4,760	17.58	2.25	$11,645
Jun 1997	0	4,566	17.24	2.26	$10,306
May 1997	0	5,494	18.97	2.31	$12,683
Apr 1997	62	5,641	17.88	2.08	$12,858
Mar 1997	0	4,470	18.95	1.94	$8,668
Feb 1997	72	4,650	20.49	2.21	$11,733
Jan 1997	7	7,672	23.48	3.54	$27,321
Dec 1996	15	7,056	23.32	—	$350
Nov 1996	43	7,829	21.97	—	$945
Oct 1996	1	11,396	23.31	—	$23
Sep 1996	73	16,985	22.22	—	$1,622
Aug 1996	32	4,598	20.26	—	$648
Jul 1996	0	128	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	100	19.43	—	$0
Apr 1996	4	14	21.51	—	$86
Mar 1996	3	337	19.38	—	$58
Feb 1996	0	850	16.98	—	$0
Jan 1996	36	2,127	17.07	—	$615
Dec 1995	101	334	17.19	—	$1,736
Nov 1995	0	9	16.00	—	$0
Oct 1995	0	128	15.43	—	$0
Sep 1995	0	84	16.18	—	$0
Aug 1995	196	724	15.92	—	$3,120
Jul 1995	0	14	15.24	—	$0
Jun 1995	0	4,792	16.41	—	$0
May 1995	0	6,479	17.56	—	$0
Apr 1995	0	6,501	17.73	—	$0
Mar 1995	196	6,961	16.44	—	$3,222
Feb 1995	0	5,546	16.58	—	$0
Jan 1995	0	6,758	15.92	—	$0
Dec 1994	191	7,049	15.03	—	$2,871
Nov 1994	4	7,354	15.90	—	$64
Oct 1994	183	6,944	15.58	—	$2,851
Sep 1994	187	8,098	15.29	—	$2,859
Aug 1994	0	7,727	16.13	—	$0
Jul 1994	194	9,662	17.56	—	$3,407
Jun 1994	0	5,119	17.09	—	$0
May 1994	0	4,223	15.88	—	$0
Apr 1994	0	3,921	14.14	—	$0
Mar 1994	0	4,231	12.46	—	$0
Feb 1994	0	4,262	12.50	—	$0
Jan 1994	0	4,859	12.66	—	$0
Dec 1993	4	7,757	12.33	—	$49
Nov 1993	1	7,376	14.49	—	$14
Oct 1993	1	8,654	15.85	—	$16
Sep 1993	203	8,389	15.03	—	$3,051
Aug 1993	4	9,035	15.66	—	$63
Jul 1993	4	9,558	15.46	—	$62
Jun 1993	196	8,848	16.79	—	$3,291
May 1993	0	6,865	17.68	—	$0
Apr 1993	4	7,150	18.05	—	$72
Mar 1993	217	10,174	18.14	—	$3,936
Feb 1993	3	8,008	17.90	—	$54
Jan 1993	203	8,837	16.93	—	$3,437

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.

Jun 2011 — as filed, then multipliedworked

Condensate             1 bbl  × $ 92.90 =        $93
Gas                    0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                      $93

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/136317 is the state's own key, not one this site invented.