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 203927District 06Field 06650600CondensateGasSaveExport
Value, all time
$2.5 M
Jun 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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
CondensateDisposition8,463 bbl$575,630
GasProduction288,478 Mcf$1,905,771
Total$2,481,401

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 32.2877, -94.3883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28766, -94.38831 · 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
6,928 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 6,928 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-3653527076,928 ftJul 2012

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 (264)

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

264 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 20220084.888.16$0
Aug 20220094.529.13$0
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 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 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
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 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20123085.133.02$255
Jun 2012311,12079.822.52$5,296
May 2012541,20091.612.49$7,933
Apr 2012541,165101.652.00$7,815
Mar 201255940105.052.22$7,867
Feb 2012731,280101.102.57$10,670
Jan 2012661,10298.092.73$9,487
Dec 2011781,39296.873.24$12,066
Nov 2011671,68995.723.31$12,006
Oct 2011581,51884.983.65$10,467
Sep 2011731,90783.623.99$13,705
Aug 2011751,76383.404.15$13,570
Jul 20112071,69294.144.52$27,130
Jun 2011771,45392.904.64$13,895
May 2011921,65698.134.40$16,322
Apr 20111011,734105.964.33$18,216
Mar 2011922,02196.364.06$17,065
Feb 20113479785.644.18$6,243
Jan 20114173286.504.59$6,905
Dec 20101071,93685.734.35$17,590
Nov 2010832,05980.843.80$14,524
Oct 20101012,57178.103.51$16,909
Sep 2010812,38172.633.98$15,358
Aug 2010872,73673.684.42$18,502
Jul 2010912,49072.554.74$18,396
Jun 2010742,23170.364.91$16,162
May 2010812,19471.124.24$15,053
Apr 20101002,49581.694.12$18,455
Mar 20101012,41978.394.39$18,534
Feb 2010872,35673.585.44$19,224
Jan 2010882,11674.365.96$19,164
Dec 20091012,16471.445.48$19,082
Nov 20091212,68274.593.75$19,087
Oct 2009913,03972.544.11$19,092
Sep 2009422,29565.543.06$9,786
Aug 2009492,65667.423.22$11,852
Jul 2009472,78961.133.46$12,536
Jun 2009442,77766.163.90$13,727
May 2009713,42654.743.93$17,336
Apr 2009513,36646.773.59$14,461
Mar 2009472,93742.144.06$13,902
Feb 20093390632.814.63$5,280
Jan 2009723,88735.865.37$23,459
Dec 2008573,44837.105.98$22,724
Nov 2008673,47955.496.86$27,585
Oct 2008703,59575.246.92$30,151
Sep 2008582,637101.767.88$26,674
Aug 2008612,586114.228.48$28,905
Jul 2008712,639131.0811.39$39,363
Jun 2008914,309131.3313.03$68,109
May 20081144,149123.1711.57$62,063
Apr 20081024,423110.3110.45$57,493
Mar 2008623,264101.909.66$37,861
Feb 2008522,83292.538.77$29,650
Jan 2008372,04790.388.21$20,141
Dec 2007351,32488.337.30$12,759
Nov 2007603,77891.677.29$33,048
Oct 2007494,36482.856.92$34,267
Sep 200703,98275.846.24$24,864
Aug 200702,61769.066.39$16,717
Jul 200703,99370.906.39$25,507
Jun 200702,58562.007.55$19,513
May 200703,22258.747.85$25,281
Apr 200703,86659.617.81$30,175
Mar 200703,73556.927.30$27,273
Feb 200703,40055.108.22$27,934
Jan 200703,58650.306.73$24,122
Dec 2006193,21356.656.92$23,305
Nov 2006851,73254.207.62$17,800
Oct 20061353,50954.906.01$28,514
Sep 20061865,85860.085.04$40,683
Aug 20061363,40968.717.34$34,366
Jul 20061304,10069.376.34$35,023
Jun 20061026866.286.38$2,374
May 20062554666.016.42$5,158
Apr 20063884064.397.36$8,630
Mar 20061082,42056.707.08$23,264
Feb 20061092,01557.597.75$21,896
Jan 20061733,26760.598.93$39,667
Dec 20051773,19354.9413.42$52,560
Nov 20051173,43554.6910.59$42,770
Oct 2005873,51058.3413.80$53,499
Sep 2005793,63161.4512.08$48,713
Aug 20051155,01861.519.80$56,234
Jul 20051854,90255.697.84$48,752
Jun 20051624,48552.337.38$41,581
May 20051804,91845.226.65$40,850
Apr 20052214,65649.207.36$45,144
Mar 20052254,99950.377.15$47,101
Feb 20052764,38745.226.31$40,171
Jan 20053745,82443.166.32$52,962
Dec 20041764,78939.866.75$39,346
Nov 20041965,30145.286.33$42,432
Oct 20042825,93149.706.52$52,656
Sep 2004956,36843.245.28$37,756
Aug 2004917,68542.375.55$46,512
Jul 2004917,14138.286.08$46,931
Jun 2004131,19936.106.43$8,182

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.

Jul 2012 — as filed, then multipliedworked
Condensate             3 bbl  × $ 85.13 =       $255
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                     $255

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/203927 is the state's own key, not one this site invented.