STERRETT

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

Gas lease lease 207793District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Jan 2005 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
257
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112005-08-02161020
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
CondensateDisposition30,637 bbl$2,046,086
GasProduction1,332,182 Mcf$7,720,780
Total$9,766,866

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 32.2900, -94.3895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28999, -94.38946 · 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
10,268 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 10,268 ft.

Completions filed
Jan 2005
1 of 1 wells

1 well

42-36535508810,268 ftJan 2005

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 (257)

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

257 months

May 2026271,939106.413.05$8,779
Apr 2026371,65898.932.87$8,418
Mar 2026231,68489.753.15$7,368
Feb 2026351,50663.503.75$7,870
Jan 2026261,60259.138.00$14,350
Dec 2025251,76856.664.41$9,219
Nov 2025331,56258.593.93$8,067
Oct 2025371,66259.383.30$7,690
Sep 2025191,57562.743.08$6,038
Aug 2025291,71463.933.01$7,021
Jul 2025291,63866.743.32$7,366
Jun 2025201,68966.483.13$6,614
May 2025491,82360.553.23$8,859
Apr 2025431,89662.363.54$9,399
Mar 2025431,80767.704.27$10,624
Feb 2025471,91470.884.34$11,640
Jan 2025421,95874.324.28$11,499
Dec 2024411,88068.993.12$8,697
Nov 2024432,13769.052.20$7,667
Oct 2024491,96171.372.28$7,971
Sep 2024381,62969.612.36$6,497
Aug 2024491,76275.632.06$7,342
Jul 2024381,98879.932.15$7,305
Jun 2024451,84878.082.63$8,381
May 2024431,83178.812.20$7,414
Apr 2024361,93584.451.66$6,251
Mar 2024512,00680.301.55$7,195
Feb 2024431,90776.091.78$6,673
Jan 2024432,12273.023.30$10,137
Dec 2023412,15871.262.61$8,556
Nov 2023452,26777.892.81$9,870
Oct 2023572,19485.443.09$11,644
Sep 2023412,18889.042.74$9,635
Aug 2023382,10780.522.67$8,692
Jul 2023512,14674.852.64$9,487
Jun 2023372,11868.962.26$7,335
May 2023371,60070.622.23$6,177
Apr 2023472,08178.122.24$8,328
Mar 2023411,92372.852.39$7,589
Feb 2023341,80575.112.47$7,004
Jan 2023351,53176.533.39$7,865
Dec 2022331,77076.415.73$12,662
Nov 2022401,98385.005.65$14,596
Oct 2022291,78887.185.86$13,013
Sep 2022291,91684.888.16$18,103
Aug 2022361,88794.529.13$20,626
Jul 2022231,517101.587.54$13,778
Jun 2022251,479115.097.98$14,676
May 2022451,810109.378.43$20,185
Apr 2022291,634104.226.84$14,195
Mar 2022541,751108.885.08$14,768
Feb 2022341,62091.054.86$10,967
Jan 2022682,15181.844.54$15,326
Dec 2021382,01971.323.90$10,582
Nov 2021461,88677.435.24$13,438
Oct 2021351,95979.795.71$13,986
Sep 2021361,84369.865.35$12,377
Aug 2021562,12166.024.22$12,649
Jul 2021462,30570.783.98$12,435
Jun 2021651,96269.493.38$11,150
May 2021602,37763.483.02$10,982
Apr 2021362,15460.362.76$8,115
Mar 2021802,26761.302.72$11,063
Feb 2021422,01857.805.55$13,623
Jan 2021392,20350.412.81$8,157
Dec 2020702,01444.642.68$8,513
Nov 2020371,55538.772.71$5,643
Oct 2020502,38436.972.48$7,757
Sep 2020391,68637.091.99$4,803
Aug 2020431,52739.982.39$5,361
Jul 2020852,47538.371.83$7,779
Jun 2020371,62534.901.69$4,038
May 2020251,67816.921.81$3,468
Apr 2020321,48114.751.80$3,144
Mar 2020451,71730.341.86$4,552
Feb 2020451,75549.881.98$5,721
Jan 2020361,65857.252.09$5,534
Dec 2019461,97359.012.30$7,261
Nov 2019502,12455.302.75$8,607
Oct 2019571,95853.472.42$7,783
Sep 2019381,97455.052.66$7,337
Aug 2019502,14953.112.30$7,608
Jul 2019442,23456.272.46$7,972
Jun 2019522,21952.782.49$8,273
May 2019632,35358.482.74$10,132
Apr 2019643,22062.632.75$12,866
Mar 2019663,23856.803.06$13,664
Feb 2019642,89650.852.79$11,341
Jan 2019683,50546.033.23$14,445
Dec 2018702,90946.594.19$15,437
Nov 2018723,36352.934.24$18,061
Oct 2018572,92761.443.40$13,448
Sep 2018533,19159.543.11$13,073
Aug 2018573,46359.403.07$14,005
Jul 2018582,97165.142.93$12,489
Jun 2018603,19360.183.08$13,435
May 2018463,17265.382.90$12,209
Apr 2018222,62863.842.90$9,028
Mar 2018262,51161.222.79$8,589
Feb 2018262,29261.782.77$7,946
Jan 2018542,53162.874.01$13,543
Dec 2017212,59157.272.92$8,772
Nov 2017232,46655.423.12$8,965
Oct 2017202,62849.292.98$8,827
Sep 2017152,53147.523.09$8,527
Aug 2017172,57645.373.00$8,511
Jul 2017242,84043.873.09$9,821
Jun 2017192,87142.493.09$9,671
May 2017252,75745.373.26$10,131
Apr 2017782,36847.933.21$11,344
Mar 2017444,93046.772.98$16,767
Feb 2017523,88050.452.95$14,079
Jan 2017693,23349.413.42$14,462
Dec 2016653,04148.763.72$14,491
Nov 2016613,21842.492.64$11,101
Oct 2016603,20746.193.09$12,682
Sep 2016632,95941.553.10$11,792
Aug 2016692,88341.442.92$11,290
Jul 2016583,07441.622.92$11,403
Jun 2016593,13745.352.69$11,101
May 2016753,15342.521.99$9,467
Apr 2016763,10036.561.99$8,951
Mar 2016903,19133.011.79$8,696
Feb 2016482,86826.472.06$7,189
Jan 2016773,22827.352.36$9,738
Dec 2015613,08332.362.00$8,144
Nov 2015763,20238.792.17$9,888
Oct 2015693,87343.552.43$12,403
Sep 2015653,90242.992.76$13,558
Aug 2015643,78540.162.87$13,443
Jul 2015763,88248.152.95$15,092
Jun 2015643,68356.152.88$14,211
May 2015673,79655.212.96$14,918
Apr 2015633,54849.822.71$12,742
Mar 2015633,37542.892.93$12,607
Feb 2015623,31144.662.98$12,623
Jan 2015814,17843.433.10$16,472
Dec 2014703,77754.693.59$17,393
Nov 2014713,45570.464.25$19,693
Oct 2014633,86378.303.90$20,002
Sep 2014593,94486.164.05$21,039
Aug 2014803,51689.394.04$21,339
Jul 2014773,54596.564.18$22,252
Jun 2014723,52998.164.74$23,784
May 2014743,59194.734.73$23,983
Apr 20141003,61395.944.81$26,969
Mar 2014983,83495.895.06$28,785
Feb 2014944,04097.406.19$34,171
Jan 2014953,31690.404.86$24,706
Dec 20131063,41391.824.35$24,595
Nov 2013823,45888.853.74$20,213
Oct 2013964,75297.423.78$27,312
Sep 2013704,033104.113.72$22,281
Aug 2013704,064104.253.52$21,613
Jul 2013673,771102.523.72$20,888
Jun 2013713,92394.403.93$22,133
May 2013804,16394.834.15$24,859
Apr 2013674,46193.964.28$25,400
Mar 2013854,67993.623.91$26,266
Feb 2013694,07791.233.42$20,238
Jan 2013804,68091.603.42$23,333
Dec 2012694,08786.773.42$19,965
Nov 2012784,24286.953.62$22,159
Oct 2012884,53289.383.40$23,273
Sep 2012914,60894.672.92$22,063
Aug 20121015,21792.662.91$24,531
Jul 2012995,29585.133.02$24,423
Jun 2012793,54779.822.52$15,241
May 2012833,86191.612.49$17,211
Apr 2012984,616101.652.00$19,179
Mar 2012953,618105.052.22$18,019
Feb 20121063,980101.102.57$20,946
Jan 20121184,39298.092.73$23,583
Dec 20111214,69296.873.24$26,922
Nov 20111015,54695.723.31$28,032
Oct 2011974,69084.983.65$25,355
Sep 20111004,75383.623.99$27,307
Aug 20111164,88583.404.15$29,944
Jul 20113405,08394.144.52$54,969
Jun 20111324,65192.904.64$33,843
May 20111575,20798.134.40$38,342
Apr 20111605,073105.964.33$38,936
Mar 20111695,74796.364.06$39,602
Feb 20111134,61985.644.18$28,985
Jan 20111445,45486.504.59$37,483
Dec 20101635,53985.734.35$38,056
Nov 20101164,76080.843.80$27,443
Oct 20101576,49578.103.51$35,052
Sep 20101317,10172.633.98$37,773
Aug 20101055,62073.684.42$32,573
Jul 20101024,69072.554.74$29,614
Jun 2010894,30570.364.91$27,401
May 20101145,23571.124.24$30,279
Apr 20101345,56281.694.12$33,877
Mar 20101365,49578.394.39$34,777
Feb 20101265,57673.585.44$39,618
Jan 20101365,53374.365.96$43,112
Dec 20091365,35771.445.48$39,092
Nov 20091304,67674.593.75$27,239
Oct 20091055,85072.544.11$31,662
Sep 2009535,81365.543.06$21,289
Aug 2009595,70867.423.22$22,349
Jul 2009587,10861.133.46$28,171
Jun 2009496,08766.163.90$26,951
May 20091136,49054.743.93$31,664
Apr 20092316,48546.773.59$34,069
Mar 20093208,53242.144.06$48,116
Feb 20091722,51032.814.63$17,272
Jan 20093227,39435.865.37$51,260
Dec 20082997,76737.105.98$57,517
Nov 20082847,10955.496.86$64,529
Oct 20082158,72875.246.92$76,592
Sep 20082007,473101.767.88$79,217
Aug 20082046,736114.228.48$80,443
Jul 20082598,550131.0811.39$131,329
Jun 20082117,972131.3313.03$131,607
May 20082908,771123.1711.57$137,237
Apr 20082117,961110.3110.45$106,507
Mar 2008117,159101.909.66$70,306
Feb 2008106,81692.538.77$60,706
Jan 2008117,93590.388.21$66,107
Dec 2007116,03888.337.30$45,061
Nov 200797,96091.677.29$58,867
Oct 2007898,99082.856.92$69,602
Sep 20072539,60075.846.24$79,131
Aug 20073249,98169.066.39$86,133
Jul 200733910,20270.906.39$89,205
Jun 200730710,54462.007.55$98,625
May 200734211,25658.747.85$108,407
Apr 20072487,54559.617.81$73,674
Mar 20073459,27556.927.30$87,363
Feb 20072428,42055.108.22$82,513
Jan 20073109,33750.306.73$78,402
Dec 200638910,17156.656.92$92,404
Nov 200638411,52454.207.62$108,597
Oct 200666315,65654.906.01$130,551
Sep 200663716,39360.085.04$120,846
Aug 200678516,76968.717.34$177,020
Jul 200684717,32269.376.34$168,626
Jun 200667016,91966.286.38$152,416
May 200625416,51866.016.42$122,895
Apr 200622315,31064.397.36$127,048
Mar 200629617,70556.707.08$142,186
Feb 200632116,78557.597.75$148,589
Jan 200637318,53160.598.93$188,143
Dec 200544321,45554.9413.42$312,166
Nov 200536018,62554.6910.59$216,897
Oct 200541822,75258.3413.80$338,267
Sep 200521722,99061.4512.08$291,031
Aug 200534536161.519.80$24,758
Jul 200541229,29455.697.84$252,716
Jun 200521219,52452.337.38$155,201
May 200526421,07945.226.65$152,138
Apr 200550123,55249.207.36$198,003
Mar 200558330,35850.377.15$246,574
Feb 200584530,48445.226.31$230,623
Jan 200572630,33143.166.32$223,093

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            27 bbl  × $106.41 =     $2,873
Gas                1,939 Mcf  × $  3.05 =     $5,906

────────────────────────────────────────────────────
Month total                                   $8,779

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/207793 is the state's own key, not one this site invented.