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 210753District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Apr 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 Gas112005-10-05163121
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
CondensateDisposition18,873 bbl$1,307,727
GasProduction689,048 Mcf$3,965,244
Total$5,272,972

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 32.2770, -94.3928. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27704, -94.39281 · 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
10,265 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 10,265 ft.

1 well

42-365356101210,265 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 (254)

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

254 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 20191050.852.79$51
Jan 20191127146.033.23$1,381
Dec 2018532,89846.594.19$14,599
Nov 2018613,66952.934.24$18,775
Oct 2018453,07061.443.40$13,197
Sep 2018443,42559.543.11$13,265
Aug 2018463,88359.403.07$14,640
Jul 2018432,81765.142.93$11,060
Jun 2018453,31360.183.08$12,902
May 2018251,96665.382.90$7,337
Apr 2018231,63963.842.90$6,223
Mar 2018261,99661.222.79$7,154
Feb 2018231,64461.782.77$5,968
Jan 2018341,37962.874.01$7,666
Dec 2017251,76557.272.92$6,588
Nov 2017312,13155.423.12$8,363
Oct 2017252,10149.292.98$7,501
Sep 2017202,03547.523.09$7,233
Aug 2017212,27445.373.00$7,785
Jul 2017322,29743.873.09$8,495
Jun 2017131,34542.493.09$4,705
May 201702,53545.373.26$8,273
Apr 2017192,11847.933.21$7,713
Mar 2017393,99946.772.98$13,756
Feb 2017614,00050.452.95$14,888
Jan 2017773,28449.413.42$15,032
Dec 2016662,81648.763.72$13,702
Nov 2016643,19242.492.64$11,160
Oct 2016693,44646.193.09$13,836
Sep 2016653,21841.553.10$12,679
Aug 2016702,93641.442.92$11,487
Jul 2016472,60141.622.92$9,562
Jun 2016532,75445.352.69$9,800
May 2016572,46742.521.99$7,336
Apr 2016571,78536.561.99$5,638
Mar 2016782,41833.011.79$6,913
Feb 2016362,25426.472.06$5,604
Jan 2016572,04827.352.36$6,401
Dec 2015592,59432.362.00$7,101
Nov 2015622,35138.792.17$7,500
Oct 2015241,33843.552.43$4,292
Sep 2015261,20042.992.76$4,428
Aug 2015361,86040.162.87$6,789
Jul 2015562,60648.152.95$10,371
Jun 2015401,98556.152.88$7,968
May 2015522,29155.212.96$9,642
Apr 2015552,39949.822.71$9,233
Mar 20152081242.892.93$3,241
Feb 2015532,19044.662.98$8,885
Jan 2015451,80143.433.10$7,539
Dec 2014552,46354.693.59$11,853
Nov 2014572,56070.464.25$14,901
Oct 2014522,85778.303.90$15,217
Sep 2014472,77686.164.05$15,280
Aug 2014312,52189.394.04$12,944
Jul 2014322,73996.564.18$14,538
Jun 2014282,56998.164.74$14,918
May 2014272,43294.734.73$14,053
Apr 2014362,43095.944.81$15,140
Mar 2014342,57495.895.06$16,276
Feb 2014282,07797.406.19$15,588
Jan 2014392,55290.404.86$15,930
Dec 2013442,64291.824.35$15,545
Nov 2013312,44588.853.74$11,894
Oct 2013392,81097.423.78$14,419
Sep 2013622,799104.113.72$16,861
Aug 2013632,974104.253.52$17,044
Jul 2013602,652102.523.72$16,011
Jun 2013662,97694.403.93$17,936
May 2013753,17594.834.15$20,286
Apr 2013563,03293.964.28$18,247
Mar 2013672,96993.623.91$17,890
Feb 2013592,89391.233.42$15,276
Jan 2013542,57891.603.42$13,763
Dec 2012411,82886.773.42$9,810
Nov 2012713,07186.953.62$17,306
Oct 2012803,42289.383.40$18,784
Sep 2012593,07794.672.92$14,565
Aug 2012583,04592.662.91$14,230
Jul 2012603,03685.133.02$14,279
Jun 2012632,96579.822.52$12,498
May 2012582,76691.612.49$12,196
Apr 2012643,014101.652.00$12,524
Mar 2012732,848105.052.22$13,997
Feb 2012762,860101.102.57$15,034
Jan 2012813,04198.092.73$16,260
Dec 2011813,15196.873.24$18,055
Nov 2011723,94095.723.31$19,938
Oct 2011703,83384.983.65$19,933
Sep 2011794,36883.623.99$24,016
Aug 2011864,07783.404.15$24,089
Jul 20112564,40194.144.52$43,980
Jun 2011903,56192.904.64$24,884
May 20111124,37998.134.40$30,279
Apr 2011963,438105.964.33$25,070
Mar 2011963,91896.364.06$25,147
Feb 2011592,66785.644.18$16,201
Jan 2011833,59586.504.59$23,676
Dec 20101023,76985.734.35$25,131
Nov 2010863,47280.843.80$20,130
Oct 2010944,14978.103.51$21,900
Sep 2010433,42372.633.98$16,745
Aug 2010494,09773.684.42$21,716
Jul 2010503,57872.554.74$20,575
Jun 2010463,76270.364.91$21,709
May 2010493,58371.124.24$18,660
Apr 2010614,09381.694.12$21,857
Mar 2010563,67078.394.39$20,496
Feb 2010443,27873.585.44$21,078
Jan 2010412,66874.365.96$18,961
Dec 2009392,15871.445.48$14,620
Nov 2009543,12974.593.75$15,766
Oct 2009463,57072.544.11$18,010
Sep 2009593,01665.543.06$13,110
Aug 2009753,55567.423.22$16,498
Jul 2009794,47161.133.46$20,319
Jun 2009784,61066.163.90$23,116
May 20091134,79154.743.93$24,994
Apr 20091104,97246.773.59$22,982
Mar 20091104,59742.144.06$23,295
Feb 2009701,54832.814.63$9,469
Jan 20091324,85535.865.37$30,810
Dec 20081114,38737.105.98$30,340
Nov 20081285,01655.496.86$41,514
Oct 2008851,81975.246.92$18,986
Sep 20081011,876101.767.88$25,055
Aug 20081873,295114.228.48$49,311
Jul 20082644,558131.0811.39$86,518
Jun 20082254,921131.3313.03$93,683
May 20082864,618123.1711.57$88,677
Apr 20082454,597110.3110.45$75,087
Mar 20081915,437101.909.66$72,006
Feb 20081885,09792.538.77$62,099
Jan 20081885,46290.388.21$61,811
Dec 20071884,23388.337.30$47,515
Nov 20071786,15691.677.29$61,205
Oct 20072187,30682.856.92$68,633
Sep 20071945,62775.846.24$49,849
Aug 20072696,20469.066.39$58,208
Jul 20073297,84170.906.39$73,414
Jun 20072266,40862.007.55$62,382
May 20071896,43358.747.85$61,577
Apr 20072216,67159.617.81$65,242
Mar 20072737,08056.927.30$67,237
Feb 20071946,57055.108.22$64,669
Jan 20072417,06050.306.73$59,614
Dec 20062386,24856.656.92$56,709
Nov 20062036,20954.207.62$58,300
Oct 20063187,78854.906.01$64,294
Sep 20063509,56860.085.04$69,224
Aug 20063958,93968.717.34$92,752
Jul 20063659,66869.376.34$86,642
Jun 20063617,89566.286.38$74,328
May 20061437,69066.016.42$58,848
Apr 20061548,83764.397.36$74,961
Mar 200624212,14656.707.08$99,751
Feb 200628413,52557.597.75$121,189
Jan 20061988,72160.598.93$89,904
Dec 20051536,31554.9413.42$93,124
Nov 20051537,00754.6910.59$82,560
Oct 200523710,19058.3413.80$154,405
Sep 20052658,96061.4512.08$124,512
Aug 200528829461.519.80$20,595
Jul 200545410,87355.697.84$110,567
Jun 200556212,59152.337.38$122,344
May 200582218,13045.226.65$157,756
Apr 200588727,95649.207.36$249,410

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.

Feb 2019 — as filed, then multipliedworked
Condensate             1 bbl  × $ 50.85 =        $51
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                      $51

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/210753 is the state's own key, not one this site invented.