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 137404District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$1 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 Gas111991-10-22124154
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
CondensateDisposition3,821 bbl$147,108
GasProduction615,271 Mcf$1,596,930
Total$1,744,039

237,707 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 32.4540, -94.1988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45399, -94.19875 · 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
9,825 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 9,825 ft.

Completions filed
Jan 1991
1 of 1 wells

1 well

42-2033188959,825 ftJan 1991

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 20260063.503.75$0
Jan 2026013059.138.00$1,040
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 20240075.632.06$0
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 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
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 20230072.852.39$0
Feb 202305175.112.47$126
Jan 202305676.533.39$190
Dec 2022029776.415.73$1,702
Nov 2022035585.005.65$2,004
Oct 2022026587.185.86$1,554
Sep 2022037084.888.16$3,021
Aug 2022014694.529.13$1,333
Jul 20220122101.587.54$920
Jun 20220204115.097.98$1,627
May 2022077109.378.43$649
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 2018036965.382.90$1,070
Apr 2018029863.842.90$864
Mar 2018012761.222.79$354
Feb 2018025061.782.77$692
Jan 2018023562.874.01$942
Dec 2017034257.272.92$999
Nov 2017035755.423.12$1,113
Oct 2017034849.292.98$1,038
Sep 2017033247.523.09$1,025
Aug 2017038445.373.00$1,154
Jul 2017038943.873.09$1,201
Jun 2017035442.493.09$1,093
May 2017037845.373.26$1,234
Apr 2017036147.933.21$1,159
Mar 2017032546.772.98$970
Feb 2017027550.452.95$812
Jan 2017028349.413.42$968
Dec 2016023448.763.72$871
Nov 2016026742.492.64$706
Oct 2016032946.193.09$1,017
Sep 2016025841.553.10$800
Aug 2016024641.442.92$719
Jul 2016023341.622.92$681
Jun 2016022145.352.69$594
May 2016029442.521.99$585
Apr 2016025436.561.99$506
Mar 2016031733.011.79$569
Feb 2016034426.472.06$710
Jan 2016038427.352.36$908
Dec 2015045032.362.00$901
Nov 2015046338.792.17$1,003
Oct 2015054443.552.43$1,320
Sep 2015059342.992.76$1,636
Aug 2015050240.162.87$1,442
Jul 2015045548.152.95$1,340
Jun 2015043356.152.88$1,248
May 2015043755.212.96$1,292
Apr 2015055049.822.71$1,489
Mar 2015046742.892.93$1,371
Feb 2015051144.662.98$1,521
Jan 2015054843.433.10$1,699
Dec 2014054954.693.59$1,972
Nov 2014056170.464.25$2,385
Oct 2014056278.303.90$2,192
Sep 2014049786.164.05$2,011
Aug 2014048589.394.04$1,957
Jul 2014049396.564.18$2,061
Jun 2014040898.164.74$1,933
May 2014043994.734.73$2,075
Apr 2014041795.944.81$2,005
Mar 2014042795.895.06$2,159
Feb 2014021697.406.19$1,337
Jan 2014065090.404.86$3,159
Dec 2013057991.824.35$2,521
Nov 2013043088.853.74$1,607
Oct 2013033797.423.78$1,274
Sep 20130407104.113.72$1,513
Aug 20130590104.253.52$2,078
Jul 20130316102.523.72$1,175
Jun 2013077494.403.93$3,044
May 2013057494.834.15$2,382
Apr 2013048193.964.28$2,060
Mar 2013021293.623.91$830
Feb 2013012191.233.42$414
Jan 2013014291.603.42$486
Dec 2012014186.773.42$482
Nov 2012016686.953.62$602
Oct 2012013489.383.40$456
Sep 2012011494.672.92$333
Aug 2012011992.662.91$346
Jul 2012020385.133.02$613
Jun 2012017479.822.52$438
May 2012025691.612.49$637
Apr 20120274101.652.00$547
Mar 20120191105.052.22$424
Feb 20120218101.102.57$560
Jan 2012015898.092.73$432
Dec 2011035196.873.24$1,137
Nov 2011023795.723.31$785
Oct 2011016684.983.65$606
Sep 2011035683.623.99$1,419
Aug 2011044583.404.15$1,846
Jul 20110094.144.52$0
Jun 2011016092.904.64$742
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201102286.504.59$101
Dec 20100085.734.35$0
Nov 20100580.843.80$19
Oct 20100978.103.51$32
Sep 201001172.633.98$44
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100481.694.12$16
Mar 20100078.394.39$0
Feb 2010047373.585.44$2,574
Jan 2010014174.365.96$841
Dec 2009033971.445.48$1,859
Nov 20090574.593.75$19
Oct 200905472.544.11$222
Sep 2009058765.543.06$1,799
Aug 2009050867.423.22$1,635
Jul 2009031661.133.46$1,095
Jun 2009038166.163.90$1,484
May 2009027154.743.93$1,064
Apr 2009035846.773.59$1,284
Mar 2009049242.144.06$1,997
Feb 2009152132.814.63$2,447
Jan 2009095135.865.37$5,108
Dec 200801,14937.105.98$6,868
Nov 2008079255.496.86$5,433
Oct 200811,30575.246.92$9,108
Sep 200811,999101.767.88$15,848
Aug 200802,330114.228.48$19,765
Jul 200802,151131.0811.39$24,499
Jun 20080879131.3313.03$11,456
May 20080928123.1711.57$10,741
Apr 20080829110.3110.45$8,667
Mar 200823951101.909.66$11,534
Feb 20081091,02292.538.77$19,049
Jan 20081301,51990.388.21$24,214
Dec 2007832,01388.337.30$22,030
Nov 20071793,12291.677.29$39,174
Oct 20071943,45782.856.92$40,002
Sep 2007983,72975.846.24$30,717
Aug 2007911,85969.066.39$18,160
Jul 200711,37970.906.39$8,880
Jun 200731,41462.007.55$10,860
May 200752,23858.747.85$17,854
Apr 200732,55659.617.81$20,129
Mar 200783,22156.927.30$23,975
Feb 2007113,09155.108.22$26,002
Jan 2007113,31250.306.73$22,833
Dec 2006142,93156.656.92$21,071
Nov 2006113,37554.207.62$26,305
Oct 2006132,90954.906.01$18,208
Sep 2006142,62260.085.04$14,049
Aug 2006102,72668.717.34$20,696
Jul 200692,97369.376.34$19,481
Jun 200662,07366.286.38$13,631
May 2006963666.016.42$4,680
Apr 200603464.397.36$250
Mar 2006111256.707.08$850
Feb 200618557.597.75$716
Jan 200617760.598.93$748
Dec 20050054.9413.42$0
Nov 20051026954.6910.59$3,395
Oct 20051326358.3413.80$4,387
Sep 20054150861.4512.08$8,656
Aug 20056259961.519.80$9,682
Jul 2005014855.697.84$1,161
Jun 2005230352.337.38$2,341
May 2005234145.226.65$2,358
Apr 20051286649.207.36$6,965
Mar 2005892250.377.15$7,000
Feb 200591,03645.226.31$6,946
Jan 2005792643.166.32$6,156
Dec 200401,15439.866.75$7,791
Nov 200401,62245.286.33$10,268
Oct 200401,43049.706.52$9,317
Sep 200401,21243.245.28$6,404
Aug 200401,66642.375.55$9,247
Jul 2004086938.286.08$5,287
Jun 20041085336.106.43$5,848
May 2004311,41237.486.49$10,332
Apr 200402,30134.475.86$13,480
Mar 2004067134.365.53$3,711
Feb 2004442,02132.455.51$12,563
Jan 200401,99832.036.30$12,587
Dec 200301,61130.266.30$10,152
Nov 2003302,12828.804.60$10,643
Oct 200302,37628.174.76$11,309
Sep 200301,70426.314.75$8,093
Aug 2003172,02229.765.13$10,878
Jul 200301,12829.415.17$5,833
Jun 2003271,73628.565.98$11,158
May 200301,11426.595.97$6,654
Apr 2003362,89526.675.41$16,614
Mar 200371,82331.146.10$11,331
Feb 200372,15533.487.93$17,315
Jan 200351,19530.315.58$6,822
Dec 200231,43326.914.85$7,036
Nov 200271,83424.664.14$7,760
Oct 2002496226.464.23$4,174
Sep 200251,57827.443.64$5,874
Aug 200201,91625.963.16$6,063
Jul 200222,03224.583.06$6,271
Jun 200241,86323.733.34$6,314
May 200232,10724.663.58$7,625
Apr 200241,78623.653.51$6,368
Mar 200221,85322.003.10$5,793
Feb 2002101,46818.222.38$3,670
Jan 200293,64517.172.38$8,814
Dec 2001143,17116.932.36$7,735
Nov 2001232,71818.072.41$6,954
Oct 200162,50219.782.53$6,446
Sep 2001113,48624.262.25$8,115
Aug 200122,04224.873.05$6,284
Jul 200122,44723.933.20$7,871
Jun 200142,41124.563.82$9,318
May 200152,44925.524.31$10,676
Apr 2001102,83924.685.34$15,394
Mar 2001164,18724.545.38$22,904
Feb 2001123,23127.755.77$18,966
Jan 200181,07827.478.40$9,274
Dec 2000221,35526.889.12$12,952
Nov 2000382,94832.215.66$17,904
Oct 2000723,38531.235.15$19,666
Sep 200074,14731.875.19$21,732
Aug 200003,84529.644.54$17,459
Jul 2000533,95228.534.09$17,675
Jun 200004,21429.304.40$18,530
May 200033,76027.263.68$13,918
Apr 2000413,69324.513.12$12,512
Mar 200004,37828.422.86$12,520
Feb 200003,43727.622.73$9,371
Jan 2000392,25525.272.48$6,579
Dec 1999201,81624.282.42$4,887
Nov 199903,69523.192.43$8,994
Oct 1999493,97520.982.80$12,173
Sep 199904,48621.752.62$11,748
Aug 199903,50619.262.88$10,082
Jul 199903,90617.892.37$9,266
Jun 1999463,33615.942.36$8,613
May 199963,29715.792.32$7,747
Apr 1999624,25915.102.21$10,340
Mar 199903,66612.471.84$6,739
Feb 1999424,4999.981.82$8,597
Jan 199903,58910.381.90$6,819
Dec 199802,9629.201.77$5,253
Nov 1998501,91210.892.19$4,724
Oct 199804,42512.421.97$8,714
Sep 1998404,21012.592.08$9,271
Aug 199803,95811.301.91$7,549
Jul 199803,42711.742.24$7,667
Jun 1998443,32511.242.24$7,933
May 199803,16212.622.21$6,976
Apr 1998223,35313.042.51$8,687
Mar 199802,95812.802.31$6,831
Feb 199803,09413.952.30$7,114
Jan 1998443,25414.702.15$7,658
Dec 199702,09016.322.41$5,039
Nov 199702,01818.193.09$6,232
Oct 199702,36619.253.15$7,452
Sep 199703,79817.742.95$11,223
Aug 1997494,05917.862.55$11,245
Jul 1997505,08917.582.25$12,314
Jun 199705,07317.242.26$11,451
May 199704,66218.972.31$10,762
Apr 1997484,40717.882.08$10,037
Mar 199705,00618.951.94$9,707
Feb 1997414,04920.492.21$9,772
Jan 199734,60323.483.54$16,364
Dec 199654,05723.32$117
Nov 1996904,12021.97$1,977
Oct 199684,60723.31$186
Sep 19961443,45422.22$3,200
Aug 1996454,25820.26$912
Jul 199604,20219.55$0
Jun 199684,45618.73$150
May 199604,52819.43$0
Apr 1996185,23421.51$387
Mar 1996116,01419.38$213
Feb 199604,00116.98$0
Jan 1996265,95617.07$444
Dec 19951223,79017.19$2,097
Nov 19950016.00$0
Oct 199501,65615.43$0
Sep 199501,91116.18$0
Aug 199502,69115.92$0
Jul 199502,19515.24$0
Jun 199504,58016.41$0
May 199505,09117.56$0
Apr 19951954,83217.73$3,457
Mar 199505,50416.44$0
Feb 199554,10816.58$83
Jan 199505,46215.92$0
Dec 199405,59715.03$0
Nov 199465,99515.90$95
Oct 19941925,31315.58$2,991
Sep 199446,56215.29$61
Aug 199405,87016.13$0
Jul 199455,76517.56$88
Jun 19941886,43117.09$3,213
May 199446,67815.88$64
Apr 1994105,73414.14$141
Mar 199402,85112.46$0
Feb 199401,86412.50$0
Jan 199402,61212.66$0
Dec 199376,33512.33$86
Nov 199335,49614.49$43
Oct 199346,99915.85$63
Sep 199347,17415.03$60
Aug 199357,13815.66$78
Jul 19931937,51315.46$2,984
Jun 199396,83316.79$151
May 199324,52617.68$35
Apr 199397,00318.05$162
Mar 1993156,62518.14$272
Feb 199366,56417.90$107
Jan 199307,52216.93$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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  130 Mcf  × $  8.00 =     $1,040

────────────────────────────────────────────────────
Month total                                   $1,040

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/137404 is the state's own key, not one this site invented.