STERRETT

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BECKVILLE, NORTH (PETTET) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197076District 06Field 06650600CondensateGasSaveExport
Value, all time
$6.0 M
May 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
277
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1985-01-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.

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
CondensateDisposition19,458 bbl$1,293,059
GasProduction945,504 Mcf$4,703,295
Total$5,996,354

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 32.2819, -94.3934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28189, -94.39337 · 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
6,900 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 6,900 ft.

Completions filed
Aug 2022
1 of 1 wells

1 well

42-3653492646,900 ftAug 2022

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 (277)

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

277 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 202401573.023.30$49
Dec 2023042971.262.61$1,120
Nov 2023038077.892.81$1,067
Oct 2023033285.443.09$1,025
Sep 2023021989.042.74$599
Aug 2023022980.522.67$612
Jul 2023035574.852.64$938
Jun 2023044768.962.26$1,010
May 2023028270.622.23$628
Apr 2023736578.122.24$1,364
Mar 20232271572.852.39$3,314
Feb 20231666875.112.47$2,849
Jan 20231536176.533.39$2,371
Dec 20221871076.415.73$5,443
Nov 20222056985.005.65$4,913
Oct 20221981387.185.86$6,424
Sep 20221587984.888.16$8,449
Aug 2022316194.529.13$1,753
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 20202014.751.80$30
Mar 20201755530.341.86$1,546
Feb 20201970149.881.98$2,336
Jan 20201461657.252.09$2,092
Dec 20191668159.012.30$2,513
Nov 20191152655.302.75$2,055
Oct 2019953853.472.42$1,782
Sep 2019072355.052.66$1,921
Aug 201901,03653.112.30$2,387
Jul 201901,04456.272.46$2,568
Jun 2019065252.782.49$1,624
May 2019673558.482.74$2,365
Apr 20192361062.632.75$3,118
Mar 2019361,08056.803.06$5,352
Feb 20193699550.852.79$4,609
Jan 2019371,12346.033.23$5,328
Dec 2018361,05546.594.19$6,093
Nov 201801,79952.934.24$7,623
Oct 201801,43161.443.40$4,863
Sep 201801,71759.543.11$5,336
Aug 201801,82759.403.07$5,603
Jul 201801,53165.142.93$4,489
Jun 201801,88060.183.08$5,785
May 201801,60865.382.90$4,664
Apr 201801,86663.842.90$5,413
Mar 201802,08561.222.79$5,811
Feb 201801,93961.782.77$5,364
Jan 2018331,91462.874.01$9,749
Dec 201702,30157.272.92$6,722
Nov 2017182,17955.423.12$7,792
Oct 2017902,74349.292.98$12,620
Sep 2017742,76347.523.09$12,047
Aug 2017903,10645.373.00$13,415
Jul 20171073,17743.873.09$14,502
Jun 2017392,05042.493.09$7,986
May 20171043,35345.373.26$15,661
Apr 2017992,64447.933.21$13,237
Mar 2017515,74446.772.98$19,524
Feb 2017644,60850.452.95$16,834
Jan 2017823,76049.413.42$16,906
Dec 2016753,48748.763.72$16,639
Nov 2016774,06242.492.64$14,013
Oct 2016703,81346.193.09$15,016
Sep 2016723,64841.553.10$14,303
Aug 2016873,83341.442.92$14,814
Jul 2016764,09241.622.92$15,130
Jun 2016784,12645.352.69$14,619
May 20161014,33042.521.99$12,916
Apr 20161004,23836.561.99$12,094
Mar 20161104,38733.011.79$11,501
Feb 2016634,32626.472.06$10,595
Jan 20161014,61627.352.36$13,676
Dec 2015804,42132.362.00$11,437
Nov 2015954,22338.792.17$12,838
Oct 2015905,14043.552.43$16,392
Sep 2015754,82742.992.76$16,539
Aug 2015804,87840.162.87$17,225
Jul 2015985,32648.152.95$20,404
Jun 2015815,06056.152.88$19,135
May 20151075,38055.212.96$21,808
Apr 2015885,32449.822.71$18,794
Mar 2015854,94242.892.93$18,149
Feb 2015875,01844.662.98$18,820
Jan 20151025,73443.433.10$22,209
Dec 20141085,80554.693.59$26,754
Nov 20141025,17870.464.25$29,203
Oct 2014885,96678.303.90$30,164
Sep 2014251,81586.164.05$9,496
Aug 2014461,87789.394.04$11,686
Jul 2014552,18996.564.18$14,460
Jun 2014652,92398.164.74$20,226
May 2014753,24594.734.73$22,442
Apr 20141194,22895.944.81$31,750
Mar 2014923,42895.895.06$26,157
Feb 2014833,15297.406.19$27,601
Jan 20141244,01490.404.86$30,721
Dec 20131564,83591.824.35$35,378
Nov 20131094,30188.853.74$25,763
Oct 20131275,04297.423.78$31,428
Sep 2013975,084104.113.72$29,000
Aug 2013984,929104.253.52$27,579
Jul 20131025,017102.523.72$29,109
Jun 20131055,17994.403.93$30,283
May 20131115,21094.834.15$32,143
Apr 2013834,91893.964.28$28,860
Mar 20131095,27093.623.91$30,825
Feb 2013965,19591.233.42$26,525
Jan 2013884,51391.603.42$23,495
Dec 2012723,92486.773.42$19,668
Nov 2012634,24086.953.62$20,848
Oct 2012704,96389.383.40$23,129
Sep 2012353,26894.672.92$12,851
Aug 2012373,57792.662.91$13,831
Jul 2012403,65785.133.02$14,452
Jun 2012433,66279.822.52$12,657
May 2012433,73391.612.49$13,228
Apr 2012504,304101.652.00$13,677
Mar 2012644,493105.052.22$16,707
Feb 2012664,648101.102.57$18,619
Jan 2012604,04798.092.73$16,950
Dec 2011825,86096.873.24$26,928
Nov 2011786,58895.723.31$29,281
Oct 20112126,31184.983.65$41,042
Sep 20112226,49883.623.99$44,463
Aug 20112426,46183.404.15$46,992
Jul 20116796,23794.144.52$92,095
Jun 20112034,25792.904.64$38,611
May 20112495,06198.134.40$46,727
Apr 20112685,234105.964.33$51,078
Mar 20112675,59496.364.06$48,425
Feb 20111774,37485.644.18$33,442
Jan 20112555,95586.504.59$49,384
Dec 20102605,75785.734.35$47,320
Nov 20101074,27680.843.80$24,879
Oct 20101194,57278.103.51$25,337
Sep 20101024,70672.633.98$26,136
Aug 20101085,21973.684.42$31,022
Jul 20101225,13672.554.74$33,178
Jun 20101084,95270.364.91$31,915
May 20101245,29771.124.24$31,253
Apr 20101395,24081.694.12$32,958
Mar 20101645,83378.394.39$38,455
Feb 20101847,47273.585.44$54,204
Jan 20101977,64274.365.96$60,227
Dec 20091696,10171.445.48$45,530
Nov 20091505,40674.593.75$31,469
Oct 20091175,03372.544.11$29,174
Sep 20091586,33765.543.06$29,777
Aug 20091555,51567.423.22$28,200
Jul 20091606,43761.133.46$32,082
Jun 20091536,93766.163.90$37,142
May 20092086,77554.743.93$37,983
Apr 20091505,31546.773.59$26,083
Mar 20091204,53642.144.06$23,468
Feb 2009912,14032.814.63$12,900
Jan 20091374,57435.865.37$29,480
Dec 20081324,82537.105.98$33,737
Nov 20081555,73555.496.86$47,945
Oct 2008884,74375.246.92$39,452
Sep 2008713,334101.767.88$33,487
Aug 2008773,605114.228.48$39,376
Jul 2008753,151131.0811.39$45,719
Jun 2008613,173131.3313.03$49,364
May 2008782,917123.1711.57$43,369
Apr 2008643,128110.3110.45$39,763
Mar 200893,042101.909.66$30,315
Feb 200872,48692.538.77$22,451
Jan 200892,90590.388.21$24,651
Dec 200782,45788.337.30$18,648
Nov 2007114,59591.677.29$34,514
Oct 200794,76982.856.92$33,757
Sep 200723,88575.846.24$24,410
Aug 200722,48669.066.39$16,019
Jul 200743,97670.906.39$25,682
Jun 2007202,25962.007.55$18,292
May 20071343,34658.747.85$34,125
Apr 20071864,12959.617.81$43,315
Mar 20072775,42156.927.30$55,351
Feb 20072015,33855.108.22$54,932
Jan 20071904,24750.306.73$38,126
Dec 20061633,89256.656.92$36,161
Nov 2006212,24554.207.62$18,239
Oct 2006365,46454.906.01$34,836
Sep 2006376,27060.085.04$33,806
Aug 2006314,34268.717.34$34,000
Jul 2006203,34269.376.34$22,585
Jun 2006111,32066.286.38$9,156
May 2006131,25766.016.42$8,934
Apr 20061194264.397.36$7,642
Mar 2006373,26556.707.08$25,224
Feb 2006554,25757.597.75$36,164
Jan 2006695,34360.598.93$51,911
Dec 2005664,84354.9413.42$68,597
Nov 2005393,55354.6910.59$39,754
Oct 20051163,09558.3413.80$49,465
Sep 2005973,24861.4512.08$45,193
Aug 20051524,80161.519.80$56,384
Jul 20052675,84355.697.84$60,700
Jun 20052365,62052.337.38$53,831
May 20052575,82945.226.65$50,391
Apr 200530410,53049.207.36$92,463
Mar 200529610,98150.377.15$93,477
Feb 20053809,30945.226.31$75,941
Jan 200543211,20043.166.32$89,454
Dec 20042149,65939.866.75$73,739
Nov 20042379,54245.286.33$71,136
Oct 200431510,92049.706.52$86,800
Sep 20045610,65943.245.28$58,743
Aug 20046911,50742.375.55$66,795
Jul 20041359,44538.286.08$62,633
Jun 20041398,87936.106.43$62,137
May 200415512,40837.486.49$86,394
Apr 200411511,63534.475.86$72,127
Mar 200414013,13634.365.53$77,454
Feb 20047910,21132.455.51$58,822
Jan 2004193,75132.036.30$24,239
Dec 2003344,94930.266.30$32,216
Nov 2003678,52828.804.60$41,117
Oct 2003010,31428.174.76$49,091
Sep 2003011,13026.314.75$52,860
Aug 2003012,71129.765.13$65,204
Jul 2003013,64029.415.17$70,530
Jun 200309,66428.565.98$57,819
May 200302,75126.595.97$16,431

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.02 =         $0
Gas                   15 Mcf  × $  3.30 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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/197076 is the state's own key, not one this site invented.