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 194781District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Jan 2003 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
281
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 Gas112003-07-09151675
NGPA1none

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
CondensateDisposition2,147 bbl$121,453
GasProduction580,114 Mcf$3,194,375
Total$3,315,828

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 32.4493, -94.1922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44933, -94.19221 · 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
9,824 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 9,824 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-2033274779,824 ftJan 2003

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 (281)

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

281 months

May 20260196106.413.05$597
Apr 2026022898.932.87$654
Mar 2026027389.753.15$860
Feb 2026020463.503.75$765
Jan 2026031159.138.00$2,487
Dec 2025025256.664.41$1,112
Nov 2025034358.593.93$1,347
Oct 2025037859.383.30$1,249
Sep 2025027862.743.08$855
Aug 2025040763.933.01$1,227
Jul 2025049366.743.32$1,634
Jun 2025053666.483.13$1,677
May 2025056460.553.23$1,823
Apr 2025054062.363.54$1,913
Mar 2025055067.704.27$2,348
Feb 2025049670.884.34$2,153
Jan 2025052174.324.28$2,229
Dec 2024020168.993.12$627
Nov 2024027669.052.20$607
Oct 2024036571.372.28$833
Sep 2024033869.612.36$799
Aug 2024045875.632.06$945
Jul 2024053479.932.15$1,146
Jun 2024075678.082.63$1,991
May 20240078.812.20$0
Apr 2024043284.451.66$717
Mar 2024060980.301.55$941
Feb 2024047476.091.78$845
Jan 2024037873.023.30$1,247
Dec 2023032071.262.61$835
Nov 2023053677.892.81$1,505
Oct 2023050985.443.09$1,571
Sep 2023063689.042.74$1,739
Aug 2023088080.522.67$2,352
Jul 2023072874.852.64$1,923
Jun 2023076068.962.26$1,716
May 2023091570.622.23$2,038
Apr 2023082878.122.24$1,853
Mar 2023075072.852.39$1,795
Feb 2023049075.112.47$1,208
Jan 2023020576.533.39$694
Dec 2022059876.415.73$3,426
Nov 2022061185.005.65$3,450
Oct 2022083487.185.86$4,890
Sep 2022082884.888.16$6,760
Aug 2022081294.529.13$7,411
Jul 20220755101.587.54$5,694
Jun 20220744115.097.98$5,935
May 20220681109.378.43$5,743
Apr 20220701104.226.84$4,793
Mar 20220760108.885.08$3,858
Feb 2022072191.054.86$3,503
Jan 2022074681.844.54$3,385
Dec 2021065071.323.90$2,534
Nov 2021064977.435.24$3,399
Oct 2021074679.795.71$4,263
Sep 2021066169.865.35$3,537
Aug 2021062766.024.22$2,646
Jul 202101,11470.783.98$4,436
Jun 202101,02269.493.38$3,455
May 2021073163.483.02$2,206
Apr 2021052660.362.76$1,451
Mar 2021030161.302.72$818
Feb 2021023457.805.55$1,298
Jan 2021057750.412.81$1,622
Dec 2020079444.642.68$2,124
Nov 2020038838.772.71$1,050
Oct 2020035736.972.48$885
Sep 2020031737.091.99$631
Aug 2020036939.982.39$880
Jul 2020087038.371.83$1,588
Jun 2020039634.901.69$669
May 2020029516.921.81$535
Apr 2020030014.751.80$541
Mar 2020030430.341.86$564
Feb 2020050149.881.98$992
Jan 2020065257.252.09$1,366
Dec 2019058759.012.30$1,353
Nov 2019081155.302.75$2,231
Oct 2019087853.472.42$2,123
Sep 2019069155.052.66$1,836
Aug 2019089453.112.30$2,060
Jul 201901,11756.272.46$2,748
Jun 201901,68052.782.49$4,185
May 201901,89958.482.74$5,204
Apr 201901,69862.632.75$4,671
Mar 2019074256.803.06$2,272
Feb 2019366350.852.79$2,004
Jan 2019471,30446.033.23$6,373
Dec 2018089246.594.19$3,733
Nov 201801,17752.934.24$4,987
Oct 201817485861.443.40$13,606
Sep 201801,36059.543.11$4,227
Aug 201801,25959.403.07$3,861
Jul 20181821,14865.142.93$15,221
Jun 201801,32860.183.08$4,086
May 201801,16065.382.90$3,365
Apr 201816389363.842.90$12,996
Mar 2018090061.222.79$2,508
Feb 2018086061.782.77$2,379
Jan 20185558862.874.01$5,815
Dec 2017091857.272.92$2,682
Nov 201701,12755.423.12$3,514
Oct 2017141,70849.292.98$5,786
Sep 201701,76047.523.09$5,434
Aug 201701,34945.373.00$4,053
Jul 2017121,38143.873.09$4,790
Jun 201701,36842.493.09$4,223
May 201701,18145.373.26$3,854
Apr 2017101,36447.933.21$4,860
Mar 201701,26846.772.98$3,783
Feb 201701,05250.452.95$3,106
Jan 201781,25649.413.42$4,689
Dec 201601,05948.763.72$3,942
Nov 2016599442.492.64$2,841
Oct 2016096646.193.09$2,985
Sep 2016072141.553.10$2,236
Aug 2016267741.442.92$2,063
Jul 2016063241.622.92$1,848
Jun 2016256045.352.69$1,595
May 2016019142.521.99$380
Apr 2016563436.561.99$1,445
Mar 201601,31833.011.79$2,365
Feb 201661,35826.472.06$2,961
Jan 201601,37427.352.36$3,249
Dec 2015181,45932.362.00$3,503
Nov 201501,67438.792.17$3,628
Oct 201521,93543.552.43$4,783
Sep 2015112,26342.992.76$6,715
Aug 2015192,24940.162.87$7,223
Jul 201502,08248.152.95$6,132
Jun 2015262,20056.152.88$7,802
May 201502,26055.212.96$6,679
Apr 20151802,59749.822.71$15,997
Mar 201522,08542.892.93$6,205
Feb 20151582,10944.662.98$13,333
Jan 201512,32643.433.10$7,256
Dec 2014352,13554.693.59$9,582
Nov 2014322,07570.464.25$11,077
Oct 201412,07178.303.90$8,157
Sep 2014321,85386.164.05$10,253
Aug 201442,05489.394.04$8,646
Jul 2014342,14896.564.18$12,261
Jun 2014291,83198.164.74$11,520
May 201432,79694.734.73$13,500
Apr 2014173,01395.944.81$16,121
Mar 2014133,39995.895.06$18,435
Feb 201451,87997.406.19$12,122
Jan 201441,67690.404.86$8,508
Dec 201302,00391.824.35$8,722
Nov 201321,95388.853.74$7,479
Oct 201333,39197.423.78$13,108
Sep 201333,291104.113.72$12,547
Aug 201313,591104.253.52$12,754
Jul 201301,784102.523.72$6,632
Jun 201301,69894.403.93$6,679
May 201301,72394.834.15$7,149
Apr 2013069793.964.28$2,985
Mar 2013074793.623.91$2,923
Feb 201308791.233.42$298
Jan 2013031491.603.42$1,074
Dec 2012071386.773.42$2,439
Nov 2012063686.953.62$2,305
Oct 2012078689.383.40$2,672
Sep 2012081594.672.92$2,379
Aug 20122175792.662.91$4,147
Jul 2012161,86985.133.02$7,008
Jun 2012171,63279.822.52$5,468
May 2012142,16691.612.49$6,672
Apr 2012113,073101.652.00$7,254
Mar 2012223,654105.052.22$10,431
Feb 2012123,373101.102.57$9,883
Jan 2012113,75998.092.73$11,356
Dec 2011243,79596.873.24$14,620
Nov 2011133,96295.723.31$14,364
Oct 2011184,51584.983.65$18,003
Sep 201181,80583.623.99$7,863
Aug 201143,55383.404.15$15,076
Jul 201103,24194.144.52$14,640
Jun 201143,47692.904.64$16,500
May 2011244,31898.134.40$21,375
Apr 2011174,814105.964.33$22,662
Mar 201104,88296.364.06$19,808
Feb 201101,39985.644.18$5,848
Jan 201101,49386.504.59$6,851
Dec 201001,03585.734.35$4,500
Nov 20100080.843.80$0
Oct 2010021878.103.51$765
Sep 201002,50672.633.98$9,973
Aug 201002,30173.684.42$10,169
Jul 201002,25172.554.74$10,662
Jun 201001,16470.364.91$5,716
May 201001,67671.124.24$7,098
Apr 201001,32681.694.12$5,467
Mar 201001,19778.394.39$5,253
Feb 2010051373.585.44$2,792
Jan 2010088474.365.96$5,272
Dec 2009058271.445.48$3,192
Nov 2009033774.593.75$1,264
Oct 2009049272.544.11$2,022
Sep 2009087465.543.06$2,679
Aug 200901,11167.423.22$3,576
Jul 200901,28161.133.46$4,438
Jun 200901,60466.163.90$6,248
May 200901,45354.743.93$5,704
Apr 200902,14446.773.59$7,692
Mar 200902,87542.144.06$11,670
Feb 200933,15632.814.63$14,720
Jan 200913,71035.865.37$19,962
Dec 200863,39137.105.98$20,491
Nov 200803,58755.496.86$24,608
Oct 200823,77075.246.92$26,246
Sep 200833,414101.767.88$27,198
Aug 200814,863114.228.48$41,367
Jul 200805,073131.0811.39$57,779
Jun 200801,581131.3313.03$20,605
May 200801,864123.1711.57$21,574
Apr 200801,703110.3110.45$17,805
Mar 200811,899101.909.66$18,454
Feb 200821,78492.538.77$15,832
Jan 200831,88490.388.21$15,731
Dec 200722,34988.337.30$17,329
Nov 200733,16291.677.29$23,331
Oct 200743,74782.856.92$26,268
Sep 200724,33475.846.24$27,214
Aug 200743,85869.066.39$24,921
Jul 200724,42270.906.39$28,389
Jun 200714,53762.007.55$34,309
May 200713,10358.747.85$24,406
Apr 200724,61159.617.81$36,109
Mar 200714,99356.927.30$36,516
Feb 200714,59855.108.22$37,832
Jan 200715,34150.306.73$35,978
Dec 200615,27756.656.92$36,565
Nov 200625,81954.207.62$44,435
Oct 200626,39654.906.01$38,574
Sep 200615,53960.085.04$27,961
Aug 200625,07168.717.34$37,358
Jul 200614,90369.376.34$31,168
Jun 200626,31466.286.38$40,440
May 200624,57766.016.42$29,539
Apr 200613,46764.397.36$25,583
Mar 200613,11356.707.08$22,106
Feb 200613,28157.597.75$25,489
Jan 200603,98960.598.93$35,635
Dec 200504,25654.9413.42$57,096
Nov 200503,57954.6910.59$37,896
Oct 200504,15558.3413.80$57,321
Sep 200504,70761.4512.08$56,856
Aug 200504,12561.519.80$40,412
Jul 200504,78555.697.84$37,532
Jun 200504,54152.337.38$33,517
May 200505,37945.226.65$35,777
Apr 200505,49949.207.36$40,475
Mar 200506,63250.377.15$47,451
Feb 200506,48145.226.31$40,908
Jan 2005126,96743.166.32$44,565
Dec 200406,32839.866.75$42,721
Nov 200406,97345.286.33$44,142
Oct 200406,99549.706.52$45,573
Sep 2004136,62743.245.28$35,579
Aug 200406,63842.375.55$36,845
Jul 200406,87538.286.08$41,829
Jun 200451,28336.106.43$8,434
May 2004265,65537.486.49$37,701
Apr 20040334.475.86$18
Mar 20040334.365.53$17
Feb 2004173,16232.455.51$17,973
Jan 20040032.036.30$0
Dec 200302,31330.266.30$14,576
Nov 200337028.804.60$1,066
Oct 20030028.174.76$0
Sep 200304,47326.314.75$21,244
Aug 2003645,31129.765.13$29,149
Jul 200307,52229.415.17$38,895
Jun 20031225,99228.565.98$39,334
May 200324,74326.595.97$28,382
Apr 200320617,73226.675.41$101,376
Mar 20032012,56631.146.10$77,226
Feb 2003285333.487.93$6,828
Jan 20030030.315.58$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  196 Mcf  × $  3.05 =       $597

────────────────────────────────────────────────────
Month total                                     $597

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/194781 is the state's own key, not one this site invented.