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 194820District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Mar 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
279
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 Gas112003-09-24153064
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
CondensateDisposition3,039 bbl$180,475
GasProduction500,142 Mcf$3,084,080
Total$3,264,555

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 32.4436, -94.2074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44356, -94.20744 · 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
9,855 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 9,855 ft.

1 well

42-20332757119,855 ft

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 (279)

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

279 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202202884.888.16$229
Aug 202203894.529.13$347
Jul 20220126101.587.54$950
Jun 20220112115.097.98$893
May 2022059109.378.43$498
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 201906252.782.49$154
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 20180946.594.19$38
Nov 201803852.934.24$161
Oct 201806661.443.40$224
Sep 201808959.543.11$277
Aug 201805659.403.07$172
Jul 201801665.142.93$47
Jun 201807560.183.08$231
May 20180065.382.90$0
Apr 201803663.842.90$104
Mar 201801361.222.79$36
Feb 20180261.782.77$6
Jan 20180162.874.01$4
Dec 20170057.272.92$0
Nov 20170155.423.12$3
Oct 201703649.292.98$107
Sep 201703947.523.09$120
Aug 201702845.373.00$84
Jul 2017013643.873.09$420
Jun 201706642.493.09$204
May 201704745.373.26$153
Apr 201703947.933.21$125
Mar 201706946.772.98$206
Feb 201705850.452.95$171
Jan 201704049.413.42$137
Dec 201604148.763.72$153
Nov 20160042.492.64$0
Oct 201602846.193.09$87
Sep 201602541.553.10$78
Aug 201603141.442.92$91
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201601336.561.99$26
Mar 201601533.011.79$27
Feb 201603526.472.06$72
Jan 201604627.352.36$109
Dec 201503732.362.00$74
Nov 201501738.792.17$37
Oct 201509043.552.43$218
Sep 201502242.992.76$61
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201403398.164.74$156
May 201403294.734.73$151
Apr 20140295.944.81$10
Mar 201409095.895.06$455
Feb 201409897.406.19$607
Jan 201409790.404.86$471
Dec 201308391.824.35$361
Nov 201309088.853.74$336
Oct 2013054097.423.78$2,041
Sep 20130272104.113.72$1,011
Aug 2013098104.253.52$345
Jul 2013095102.523.72$353
Jun 201308794.403.93$342
May 201307994.834.15$328
Apr 201309293.964.28$394
Mar 2013019893.623.91$775
Feb 2013032291.233.42$1,101
Jan 2013024091.603.42$821
Dec 2012041886.773.42$1,430
Nov 2012045586.953.62$1,649
Oct 2012053589.383.40$1,819
Sep 2012055994.672.92$1,631
Aug 2012074592.662.91$2,167
Jul 2012097985.133.02$2,957
Jun 2012059079.822.52$1,486
May 2012094891.612.49$2,359
Apr 201201,418101.652.00$2,831
Mar 201201,453105.052.22$3,229
Feb 201201,151101.102.57$2,958
Jan 201201,01898.092.73$2,783
Dec 2011077896.873.24$2,521
Nov 201101,03695.723.31$3,430
Oct 201101,09684.983.65$3,999
Sep 201101,17383.623.99$4,675
Aug 201101,29483.404.15$5,369
Jul 201101,30594.144.52$5,895
Jun 201101,35492.904.64$6,282
May 2011090298.134.40$3,973
Apr 20110870105.964.33$3,770
Mar 201101,07296.364.06$4,349
Feb 2011030085.644.18$1,254
Jan 2011027386.504.59$1,253
Dec 2010028185.734.35$1,222
Nov 2010036280.843.80$1,374
Oct 2010035478.103.51$1,242
Sep 2010043972.633.98$1,747
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201005371.124.24$224
Apr 201009081.694.12$371
Mar 201001178.394.39$48
Feb 201008473.585.44$457
Jan 2010011274.365.96$668
Dec 2009024371.445.48$1,333
Nov 20090074.593.75$0
Oct 200907072.544.11$288
Sep 2009017665.543.06$539
Aug 2009018167.423.22$583
Jul 20090061.133.46$0
Jun 2009017866.163.90$693
May 2009017254.743.93$675
Apr 20090046.773.59$0
Mar 2009023242.144.06$942
Feb 2009016432.814.63$760
Jan 2009020435.865.37$1,096
Dec 2008015837.105.98$944
Nov 200805455.496.86$370
Oct 2008010375.246.92$713
Sep 20080114101.767.88$898
Aug 20082249114.228.48$2,341
Jul 20082223131.0811.39$2,802
Jun 2008289131.3313.03$1,423
May 200810284123.1711.57$4,519
Apr 2008231,475110.3110.45$17,958
Mar 2008353,391101.909.66$36,337
Feb 2008744,75692.538.77$48,560
Jan 2008574,00790.388.21$38,032
Dec 2007234,00788.337.30$31,291
Nov 2007434,10191.677.29$33,845
Oct 2007474,27482.856.92$33,478
Sep 2007314,65975.846.24$31,443
Aug 2007644,62069.066.39$33,932
Jul 2007735,13070.906.39$37,946
Jun 2007916,07462.007.55$51,491
May 20071266,24958.747.85$56,433
Apr 2007926,76859.617.81$58,310
Mar 20071146,51256.927.30$54,039
Feb 2007835,31355.108.22$48,225
Jan 2007946,15850.306.73$46,152
Dec 20061196,21656.656.92$49,746
Nov 2006775,77954.207.62$48,195
Oct 2006874,26154.906.01$30,401
Sep 20061064,54060.085.04$29,237
Aug 20061075,95068.717.34$51,024
Jul 20061254,28369.376.34$35,837
Jun 20061163,99366.286.38$33,179
May 20061695,05066.016.42$43,602
Apr 20061714,78164.397.36$46,201
Mar 20061184,58656.707.08$39,173
Feb 20061464,92457.597.75$46,575
Jan 200682,36560.598.93$21,612
Dec 2005495554.9413.42$13,031
Nov 200574754.6910.59$880
Oct 200598658.3413.80$1,712
Sep 2005143,27261.4512.08$40,383
Aug 2005254,85761.519.80$49,121
Jul 200505,52155.697.84$43,305
Jun 200545,16952.337.38$38,362
May 200535,62845.226.65$37,568
Apr 200574,96449.207.36$36,882
Mar 200555,46550.377.15$39,353
Feb 200565,28645.226.31$33,636
Jan 200555,08543.166.32$32,364
Dec 2004118,22539.866.75$55,966
Nov 200459,27845.286.33$58,960
Oct 200468,80149.706.52$57,638
Sep 2004710,32243.245.28$54,843
Aug 200478,58542.375.55$47,949
Jul 200496,14238.286.08$37,714
Jun 2004148,12036.106.43$52,742
May 200498,52237.486.49$55,684
Apr 2004149,32934.475.86$55,136
Mar 2004412,38334.365.53$68,617
Feb 2004610,41132.455.51$57,555
Jan 2004512,56832.036.30$79,334
Dec 200311914,01030.266.30$91,887
Nov 20038213,88328.804.60$66,156
Oct 200311215,57728.174.76$77,296
Sep 20035414,94826.314.75$72,414
Aug 20035117,37829.765.13$90,662
Jul 2003017,11529.415.17$88,499
Jun 2003020,14328.565.98$120,515
May 2003027,14326.595.97$162,116
Apr 2003035,96726.675.41$194,484
Mar 20030031.146.10$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.

Sep 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.88 =         $0
Gas                   28 Mcf  × $  8.16 =       $229

────────────────────────────────────────────────────
Month total                                     $229

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/194820 is the state's own key, not one this site invented.