GARRETT HEIRS

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

Gas lease lease 213954District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Aug 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
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 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-04-26165266
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
CondensateDisposition5,199 bbl$371,938
GasProduction844,489 Mcf$5,914,252
Total$6,286,190

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 32.4337, -94.2014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43370, -94.20135 · 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
9,900 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 9,900 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-2033278529,900 ftJul 2010

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 (250)

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

250 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 20227081.844.54$573
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 20206739.982.39$257
Jul 20201138.371.83$40
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202027814.751.80$170
Mar 2020216430.341.86$365
Feb 202036649.881.98$280
Jan 20204457.252.09$237
Dec 20193359.012.30$184
Nov 20191155.302.75$58
Oct 20190053.472.42$0
Sep 20193355.052.66$173
Aug 2019121353.112.30$667
Jul 20190056.272.46$0
Jun 20195652.782.49$279
May 20195658.482.74$309
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 201706147.933.21$196
Mar 2017010046.772.98$298
Feb 2017019550.452.95$576
Jan 2017014649.413.42$499
Dec 2016031148.763.72$1,158
Nov 2016021242.492.64$561
Oct 201607646.193.09$235
Sep 201609341.553.10$288
Aug 201604041.442.92$117
Jul 2016012441.622.92$363
Jun 201606045.352.69$161
May 201606042.521.99$119
Apr 201606836.561.99$135
Mar 201606233.011.79$111
Feb 201603026.472.06$62
Jan 2016020727.352.36$489
Dec 2015011232.362.00$224
Nov 2015020938.792.17$453
Oct 2015018943.552.43$459
Sep 2015010142.992.76$279
Aug 2015025340.162.87$727
Jul 2015015248.152.95$448
Jun 2015042356.152.88$1,219
May 2015097755.212.96$2,887
Apr 2015065749.822.71$1,778
Mar 201503,54742.892.93$10,409
Feb 201504,01844.662.98$11,958
Jan 201505,19243.433.10$16,098
Dec 201404,95854.693.59$17,806
Nov 201405,30870.464.25$22,569
Oct 201404,66678.303.90$18,202
Sep 201404,48286.164.05$18,132
Aug 201404,86589.394.04$19,631
Jul 201404,60896.564.18$19,260
Jun 201403,94798.164.74$18,696
May 201403,99994.734.73$18,902
Apr 201403,50595.944.81$16,856
Mar 201403,76795.895.06$19,049
Feb 201403,76497.406.19$23,307
Jan 201403,80890.404.86$18,510
Dec 201303,82791.824.35$16,665
Nov 201303,81588.853.74$14,262
Oct 201303,49197.423.78$13,194
Sep 201303,236104.113.72$12,031
Aug 2013153,954104.253.52$15,492
Jul 2013235,386102.523.72$22,382
Jun 2013255,34194.403.93$23,368
May 2013265,75694.834.15$26,348
Apr 2013294,67393.964.28$22,737
Mar 2013275,54893.623.91$24,236
Feb 2013304,50991.233.42$18,157
Jan 2013884,99791.603.42$25,150
Dec 2012785,04586.773.42$24,023
Nov 2012804,87686.953.62$24,631
Oct 2012734,84189.383.40$22,983
Sep 2012744,29294.672.92$19,531
Aug 20121524,49792.662.91$27,162
Jul 2012834,28385.133.02$20,004
Jun 2012804,15479.822.52$16,850
May 2012615,07891.612.49$18,224
Apr 2012385,584101.652.00$15,013
Mar 2012765,898105.052.22$21,090
Feb 2012315,801101.102.57$18,044
Jan 2012254,28798.092.73$14,173
Dec 2011554,38396.873.24$19,528
Nov 2011284,68695.723.31$18,197
Oct 2011524,34184.983.65$20,257
Sep 2011264,14383.623.99$18,687
Aug 2011104,67783.404.15$20,240
Jul 201105,59694.144.52$25,278
Jun 201105,83092.904.64$27,051
May 201106,94098.134.40$30,569
Apr 201106,191105.964.33$26,827
Mar 201106,27996.364.06$25,476
Feb 20110085.644.18$0
Jan 201101,15386.504.59$5,291
Dec 201001,41085.734.35$6,130
Nov 201001,45580.843.80$5,522
Oct 20100078.103.51$0
Sep 201001,13272.633.98$4,505
Aug 2010018073.684.42$795
Jul 201003,17972.554.74$15,057
Jun 201004,90470.364.91$24,081
May 201004,74771.124.24$20,105
Apr 201004,32581.694.12$17,831
Mar 201004,91278.394.39$21,557
Feb 201094,09273.585.44$22,932
Jan 2010463,22474.365.96$22,649
Dec 2009624,61571.445.48$29,737
Nov 2009534,75874.593.75$21,803
Oct 20091072.544.11$73
Sep 200936165.543.06$384
Aug 200901867.423.22$58
Jul 200961761.133.46$426
Jun 200903866.163.90$148
May 2009075954.743.93$2,980
Apr 2009312,06746.773.59$8,865
Mar 2009073542.144.06$2,983
Feb 2009315,63732.814.63$27,133
Jan 200946,11035.865.37$32,960
Dec 2008426,40037.105.98$39,812
Nov 200826,03455.496.86$41,506
Oct 2008216,52975.246.92$46,774
Sep 2008206,387101.767.88$52,346
Aug 2008286,606114.228.48$59,237
Jul 2008296,329131.0811.39$75,885
Jun 2008325,598131.3313.03$77,159
May 2008327,466123.1711.57$90,355
Apr 2008317,074110.3110.45$77,377
Mar 2008358,496101.909.66$85,672
Feb 2008696,84892.538.77$66,446
Jan 2008658,20390.388.21$73,186
Dec 2007268,60888.337.30$65,152
Nov 2007528,47791.677.29$66,579
Oct 2007479,01382.856.92$66,282
Sep 2007407,98175.846.24$52,868
Aug 20078614,72369.066.39$99,989
Jul 20072110,72670.906.39$70,006
Jun 20072310,65962.007.55$81,885
May 20073111,01458.747.85$88,240
Apr 20072511,08459.617.81$88,003
Mar 20073913,32156.927.30$99,489
Feb 20073812,79155.108.22$107,185
Jan 20074214,96550.306.73$102,780
Dec 20064811,85056.656.92$84,703
Nov 20063915,89354.207.62$123,178
Oct 2006439,33654.906.01$58,506
Sep 20066615,71860.085.04$83,140
Aug 20065716,26468.717.34$123,293
Jul 20067714,52169.376.34$97,445
Jun 20067314,44666.286.38$97,060
May 20069716,56966.016.42$112,859
Apr 20068212,78464.397.36$99,376
Mar 20067215,61956.707.08$114,711
Feb 200610717,52357.597.75$141,985
Jan 200615520,80760.598.93$195,267
Dec 200520322,54554.9413.42$313,603
Nov 200539023,25654.6910.59$267,573
Oct 200550628,89358.3413.80$428,121
Sep 200553833,80761.4512.08$441,415
Aug 200518543,85961.519.80$441,059

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 2022 — as filed, then multipliedworked
Condensate             7 bbl  × $ 81.84 =       $573
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                     $573

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/213954 is the state's own key, not one this site invented.