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 210755District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Apr 2005 – May 2026
Value, last 12 filed months
$55 k
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 Gas112005-10-05163122
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
CondensateDisposition27,047 bbl$1,880,234
GasProduction1,057,438 Mcf$6,066,752
Total$7,946,986

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 32.2861, -94.3965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28610, -94.39645 · 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
10,273 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 10,273 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-365356361310,273 ftApr 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 (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 2026101,058106.413.05$4,287
Apr 20261293498.932.87$3,867
Mar 2026996089.753.15$3,831
Feb 2026161,03463.503.75$4,894
Jan 2026121,22859.138.00$10,531
Dec 2025101,13256.664.41$5,563
Nov 20251295758.593.93$4,461
Oct 2025121,03459.383.30$4,130
Sep 2025773762.743.08$2,707
Aug 2025101,04463.933.01$3,787
Jul 20251094766.743.32$3,807
Jun 2025881466.483.13$3,079
May 2025281,09160.553.23$5,222
Apr 20252098662.363.54$4,741
Mar 2025191,13267.704.27$6,118
Feb 20251674970.884.34$4,385
Jan 20251879174.324.28$4,722
Dec 2024181,11368.993.12$4,716
Nov 20241592569.052.20$3,069
Oct 20242079671.372.28$3,243
Sep 2024211,09269.612.36$4,044
Aug 20242297575.632.06$3,676
Jul 2024181,09579.932.15$3,789
Jun 20241884778.082.63$3,636
May 2024181,00478.812.20$3,626
Apr 20241479784.451.66$2,505
Mar 2024231,06180.301.55$3,486
Feb 2024191,05376.091.78$3,324
Jan 20241997173.023.30$4,589
Dec 2023191,25271.262.61$4,623
Nov 2023201,16277.892.81$4,820
Oct 2023221,04585.443.09$5,106
Sep 20231594189.042.74$3,909
Aug 20231699180.522.67$3,937
Jul 2023201,00874.852.64$4,160
Jun 2023161,04368.962.26$3,459
May 2023191,03470.622.23$3,645
Apr 20232094878.122.24$3,684
Mar 20232099072.852.39$3,826
Feb 2023191,01375.112.47$3,925
Jan 2023201,02676.533.39$5,006
Dec 2022181,07576.415.73$7,534
Nov 2022211,16385.005.65$8,352
Oct 2022151,07687.185.86$7,617
Sep 2022151,15984.888.16$10,735
Aug 2022201,02094.529.13$11,200
Jul 2022151,130101.587.54$10,046
Jun 202212906115.097.98$8,608
May 202226838109.378.43$9,911
Apr 2022251,302104.226.84$11,508
Mar 2022431,517108.885.08$12,383
Feb 2022231,00191.054.86$6,958
Jan 2022471,48481.844.54$10,580
Dec 2021261,38971.323.90$7,270
Nov 2021311,20877.435.24$8,726
Oct 2021221,28579.795.71$9,098
Sep 2021221,09869.865.35$7,412
Aug 2021321,28366.024.22$7,528
Jul 20212097170.783.98$5,282
Jun 20213396969.493.38$5,569
May 2021331,20863.483.02$5,740
Apr 2021211,19860.362.76$4,572
Mar 2021471,23361.302.72$6,231
Feb 2021281,08257.805.55$7,621
Jan 2021321,61150.412.81$6,140
Dec 2020602,00844.642.68$8,051
Nov 20202068338.772.71$2,624
Oct 2020361,32236.972.48$4,607
Sep 2020411,65837.091.99$4,822
Aug 2020371,40239.982.39$4,823
Jul 2020671,48038.371.83$5,272
Jun 2020401,74434.901.69$4,344
May 2020251,61016.921.81$3,345
Apr 20202476914.751.80$1,742
Mar 2020401,06530.341.86$3,190
Feb 2020441,14249.881.98$4,457
Jan 2020361,26757.252.09$4,715
Dec 2019431,27959.012.30$5,485
Nov 2019451,30055.302.75$6,064
Oct 2019661,44853.472.42$7,031
Sep 2019531,95655.052.66$8,115
Aug 2019702,08653.112.30$8,525
Jul 2019652,40656.272.46$9,576
Jun 2019702,06852.782.49$8,846
May 2019872,31158.482.74$11,421
Apr 2019832,59062.632.75$12,323
Mar 2019701,97556.803.06$10,024
Feb 2019661,80450.852.79$8,393
Jan 2019661,92646.033.23$9,255
Dec 2018741,80046.594.19$10,981
Nov 2018772,03252.934.24$12,686
Oct 2018731,89561.443.40$10,924
Sep 2018752,59959.543.11$12,543
Aug 2018782,81159.403.07$13,253
Jul 2018942,47065.142.93$13,365
Jun 2018982,31060.183.08$13,005
May 2018662,32865.382.90$11,068
Apr 2018492,27163.842.90$9,716
Mar 2018441,80561.222.79$7,724
Feb 2018401,51261.782.77$6,654
Jan 2018311,56262.874.01$8,212
Dec 2017431,85057.272.92$7,867
Nov 2017461,73955.423.12$7,972
Oct 2017522,52949.292.98$10,109
Sep 2017392,37747.523.09$9,192
Aug 2017472,59245.373.00$9,920
Jul 2017522,41543.873.09$9,737
Jun 2017381,93942.493.09$7,601
May 2017512,39145.373.26$10,117
Apr 2017552,03147.933.21$9,159
Mar 2017323,87946.772.98$13,070
Feb 2017373,05850.452.95$10,896
Jan 2017512,64449.413.42$11,559
Dec 2016351,84048.763.72$8,557
Nov 2016412,64042.492.64$8,723
Oct 2016382,71646.193.09$10,148
Sep 2016422,37841.553.10$9,118
Aug 2016512,60741.442.92$9,737
Jul 2016382,34341.622.92$8,433
Jun 2016392,55245.352.69$8,623
May 2016462,76242.521.99$7,455
Apr 2016542,78436.561.99$7,517
Mar 2016623,06033.011.79$7,536
Feb 2016322,72126.472.06$6,462
Jan 2016512,67727.352.36$7,724
Dec 2015432,87232.362.00$7,140
Nov 2015502,82938.792.17$8,071
Oct 2015483,67043.552.43$10,996
Sep 2015593,61142.992.76$12,497
Aug 2015433,55540.162.87$11,939
Jul 2015533,65448.152.95$13,313
Jun 2015444,07056.152.88$14,204
May 2015593,84955.212.96$14,633
Apr 2015653,73049.822.71$13,334
Mar 2015603,32042.892.93$12,317
Feb 2015633,46444.662.98$13,123
Jan 2015653,47143.433.10$13,585
Dec 2014573,50254.693.59$15,694
Nov 2014582,83070.464.25$16,119
Oct 2014653,34378.303.90$18,130
Sep 2014422,87986.164.05$15,266
Aug 2014522,73089.394.04$15,664
Jul 2014522,87796.564.18$17,046
Jun 2014472,77998.164.74$17,777
May 2014462,61594.734.73$16,718
Apr 2014642,71395.944.81$19,187
Mar 2014612,92895.895.06$20,656
Feb 2014522,57897.406.19$21,028
Jan 2014692,88190.404.86$20,241
Dec 2013762,86991.824.35$19,471
Nov 2013613,04588.853.74$16,803
Oct 2013784,28897.423.78$23,805
Sep 2013563,571104.113.72$19,106
Aug 2013533,354104.253.52$17,340
Jul 2013573,547102.523.72$19,030
Jun 2013613,76594.403.93$20,568
May 2013693,99594.834.15$23,119
Apr 2013543,95293.964.28$21,999
Mar 2013663,96593.623.91$21,693
Feb 2013563,80691.233.42$18,125
Jan 2013523,25591.603.42$15,895
Dec 2012513,27986.773.42$15,640
Nov 2012672,99586.953.62$16,682
Oct 2012753,38089.383.40$18,194
Sep 2012543,37094.672.92$14,947
Aug 2012492,98492.662.91$13,218
Jul 2012563,49485.133.02$15,322
Jun 2012623,40979.822.52$13,536
May 2012703,97291.612.49$16,296
Apr 2012804,445101.652.00$17,008
Mar 2012924,287105.052.22$19,191
Feb 2012974,439101.102.57$21,216
Jan 2012984,41998.092.73$21,695
Dec 2011974,59796.873.24$24,289
Nov 2011785,17495.723.31$24,599
Oct 2011674,80584.983.65$23,225
Sep 2011674,60083.623.99$23,937
Aug 2011784,83383.404.15$26,559
Jul 20112234,80694.144.52$42,703
Jun 2011844,30592.904.64$27,778
May 2011984,66098.134.40$30,143
Apr 20111034,678105.964.33$31,185
Mar 20111125,41096.364.06$32,743
Feb 2011764,52385.644.18$25,415
Jan 2011975,34586.504.59$32,918
Dec 20101375,58485.734.35$36,023
Nov 20101695,85580.843.80$35,884
Oct 20101876,23378.103.51$36,476
Sep 20101646,45272.633.98$37,587
Aug 20101717,10373.684.42$43,990
Jul 20102007,06972.554.74$47,992
Jun 20101876,90570.364.91$47,064
May 201026910,36871.124.24$63,042
Apr 20102608,46881.694.12$56,150
Mar 20102768,87578.394.39$60,585
Feb 20102508,78073.585.44$66,179
Jan 20102418,15874.365.96$66,576
Dec 20091475,85171.445.48$42,587
Nov 20091146874.593.75$2,576
Oct 200915072.544.11$1,088
Sep 2009765,16265.543.06$20,801
Aug 2009441,07767.423.22$6,433
Jul 20091157,05661.133.46$31,475
Jun 20091137,32366.163.90$35,999
May 20091888,38954.743.93$43,224
Apr 200916710,09546.773.59$44,026
Mar 20091536142.144.06$2,097
Feb 20091032,45632.814.63$14,758
Jan 20091918,56035.865.37$52,825
Dec 20081144,95137.105.98$33,822
Nov 20081767,11755.496.86$58,591
Oct 20081759,07275.246.92$75,963
Sep 2008451,874101.767.88$19,341
Aug 2008832,542114.228.48$31,044
Jul 20083016,809131.0811.39$117,006
Jun 20081667,389131.3313.03$118,099
May 20082007,012123.1711.57$105,793
Apr 20082246,220110.3110.45$89,739
Mar 200864510,769101.909.66$169,798
Feb 200863910,56092.538.77$151,744
Jan 20084889,02290.388.21$118,138
Dec 20072713,29288.337.30$47,976
Nov 20074068,42791.677.29$98,665
Oct 20073918,68082.856.92$92,477
Sep 20072318,82075.846.24$72,593
Aug 20072306,37369.066.39$56,594
Jul 20073068,67670.906.39$77,117
Jun 20072618,30062.007.55$78,834
May 20073129,56358.747.85$93,361
Apr 20072609,74659.617.81$91,568
Mar 200735111,64356.927.30$104,996
Feb 200724710,59555.108.22$100,658
Jan 200730811,47350.306.73$92,670
Dec 200633711,06656.656.92$95,651
Nov 20062608,43254.207.62$78,323
Oct 20062519,76254.906.01$72,487
Sep 200628912,66060.085.04$81,134
Aug 200634712,43368.717.34$115,100
Jul 200633614,25969.376.34$113,750
Jun 200636412,67366.286.38$105,029
May 200618613,07866.016.42$96,304
Apr 200620115,95664.397.36$130,386
Mar 200622415,04456.707.08$119,256
Feb 200623714,65757.597.75$127,257
Jan 200621412,20760.598.93$122,015
Dec 200522512,32854.9413.42$177,747
Nov 200523113,33954.6910.59$153,872
Oct 200532417,38558.3413.80$258,741
Sep 200539816,53461.4512.08$224,171
Aug 200553755361.519.80$38,449
Jul 200575619,93055.697.84$198,425
Jun 200580422,60452.337.38$208,914
May 20051,00229,10245.226.65$238,873
Apr 200547921,25849.207.36$180,036

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            10 bbl  × $106.41 =     $1,064
Gas                1,058 Mcf  × $  3.05 =     $3,223

────────────────────────────────────────────────────
Month total                                   $4,287

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/210755 is the state's own key, not one this site invented.