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 217558District 06Field 06650600CondensateGasSaveExport
Value, all time
$1.3 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 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
CondensateDisposition4,370 bbl$336,147
GasProduction170,866 Mcf$924,381
Total$1,260,528

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 32.2918, -94.3929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29177, -94.39288 · 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
7,005 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 7,005 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-36535618167,005 ftAug 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 (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 202312175.112.47$127
Jan 202343576.533.39$425
Dec 2022512776.415.73$1,110
Nov 202206285.005.65$350
Oct 202207187.185.86$416
Sep 202209084.888.16$735
Aug 20220294.529.13$18
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 201906252.782.49$154
May 201903258.482.74$88
Apr 201902962.632.75$80
Mar 201909256.803.06$282
Feb 2019013350.852.79$371
Jan 2019023646.033.23$762
Dec 2018024946.594.19$1,042
Nov 2018026852.934.24$1,136
Oct 2018022861.443.40$775
Sep 2018026059.543.11$808
Aug 2018020459.403.07$626
Jul 2018036465.142.93$1,067
Jun 2018053560.183.08$1,646
May 201801,05465.382.90$3,057
Apr 2018086363.842.90$2,503
Mar 2018073361.222.79$2,043
Feb 2018071261.782.77$1,969
Jan 20181382362.874.01$4,117
Dec 20171578457.272.92$3,150
Nov 20177659655.423.12$6,070
Oct 20176863249.292.98$5,237
Sep 20175869147.523.09$4,889
Aug 20175872545.373.00$4,810
Jul 20178858643.873.09$5,670
Jun 20173026442.493.09$2,090
May 20176458745.373.26$4,819
Apr 20176554747.933.21$4,872
Mar 20171195346.772.98$3,358
Feb 20171497050.452.95$3,570
Jan 20171981249.413.42$3,715
Dec 20161786848.763.72$4,060
Nov 2016211,01342.492.64$3,571
Oct 2016231,10746.193.09$4,483
Sep 2016221,05741.553.10$4,191
Aug 2016241,05041.442.92$4,065
Jul 2016221,12141.622.92$4,194
Jun 2016211,22045.352.69$4,229
May 2016261,13442.521.99$3,363
Apr 2016281,17536.561.99$3,363
Mar 2016321,19433.011.79$3,198
Feb 2016181,22026.472.06$2,994
Jan 2016281,26227.352.36$3,750
Dec 2015251,26532.362.00$3,341
Nov 2015281,43038.792.17$4,185
Oct 2015241,46443.552.43$4,598
Sep 2015231,48742.992.76$5,091
Aug 2015261,70740.162.87$5,948
Jul 2015216948.152.95$594
Jun 2015113056.152.88$431
May 20151370255.212.96$2,792
Apr 2015171,04649.822.71$3,678
Mar 2015201,14542.892.93$4,218
Feb 2015231,34044.662.98$5,015
Jan 2015251,44543.433.10$5,566
Dec 2014291,55854.693.59$7,181
Nov 2014281,37870.464.25$7,832
Oct 2014221,50878.303.90$7,605
Sep 2014221,60086.164.05$8,368
Aug 2014791,43189.394.04$12,836
Jul 2014631,15296.564.18$10,898
Jun 2014581,18698.164.74$11,311
May 20144592094.734.73$8,611
Apr 20144552395.944.81$6,832
Mar 2014821,32995.895.06$14,583
Feb 2014611,02897.406.19$12,307
Jan 20146188190.404.86$9,797
Dec 20135564891.824.35$7,872
Nov 20135592688.853.74$8,348
Oct 2013631,03997.423.78$10,064
Sep 2013551,068104.113.72$9,697
Aug 2013601,174104.253.52$10,391
Jul 2013631,220102.523.72$10,994
Jun 2013551,05594.403.93$9,342
May 2013631,10994.834.15$10,576
Apr 2013491,13693.964.28$9,469
Mar 2013611,14393.623.91$10,183
Feb 2013491,00291.233.42$7,897
Jan 2013531,05191.603.42$8,449
Dec 20124489286.773.42$6,869
Nov 20125397986.953.62$8,157
Oct 2012611,08289.383.40$9,131
Sep 20125479094.672.92$7,418
Aug 20125175792.662.91$6,927
Jul 20125174485.133.02$6,589
Jun 20125673379.822.52$6,316
May 20125575991.612.49$6,927
Apr 201259761101.652.00$7,517
Mar 201270765105.052.22$9,053
Feb 201281870101.102.57$10,425
Jan 20127487698.092.73$9,654
Dec 2011141,18696.873.24$5,199
Nov 2011111,22195.723.31$5,096
Oct 2011121,27084.983.65$5,653
Sep 2011111,27383.623.99$5,994
Aug 201101,47083.404.15$6,100
Jul 2011601,52794.144.52$12,546
Jun 201101,21492.904.64$5,633
May 201101,21198.134.40$5,334
Apr 20111941,234105.964.33$25,904
Mar 201101,33096.364.06$5,396
Feb 201101,00485.644.18$4,197
Jan 201101,38186.504.59$6,337
Dec 20101751,63085.734.35$22,090
Nov 201001,41980.843.80$5,386
Oct 201004678.103.51$161
Sep 201007772.633.98$306
Aug 201005873.684.42$256
Jul 201008572.554.74$403
Jun 201006470.364.91$314
May 2010011271.124.24$474
Apr 2010017381.694.12$713
Mar 2010015078.394.39$658
Feb 2010010173.585.44$550
Jan 2010014974.365.96$889
Dec 2009018871.445.48$1,031
Nov 2009018974.593.75$709
Oct 2009025872.544.11$1,060
Sep 2009010565.543.06$322
Aug 2009010967.423.22$351
Jul 200909261.133.46$319
Jun 200903866.163.90$148
May 200906854.743.93$267
Apr 2009011046.773.59$395
Mar 2009010942.144.06$442
Feb 20090032.814.63$0
Jan 2009087035.865.37$4,673
Dec 200809337.105.98$556
Nov 2008048455.496.86$3,320
Oct 2008014675.246.92$1,011
Sep 20080278101.767.88$2,190
Aug 20080737114.228.48$6,252
Jul 200811,273131.0811.39$14,630
Jun 200802,269131.3313.03$29,571
May 200801,750123.1711.57$20,255
Apr 200802,399110.3110.45$25,081
Mar 200801,149101.909.66$11,104
Feb 20081801,83692.538.77$32,758
Jan 200802,08990.388.21$17,142
Dec 200701,13488.337.30$8,280
Nov 200702,26391.677.29$16,501
Oct 200702,73982.856.92$18,959
Sep 20071752,74175.846.24$30,387
Aug 200701,79769.066.39$11,479
Jul 200712,30470.906.39$14,789
Jun 200701,52962.007.55$11,542
May 200702,33858.747.85$18,345
Apr 200702,72259.617.81$21,246
Mar 20071832,72756.927.30$30,329
Feb 200703,26355.108.22$26,809
Jan 200702,74150.306.73$18,438
Dec 200603,31156.656.92$22,907
Nov 200601,53154.207.62$11,662
Oct 20061713,07454.906.01$27,874
Sep 200612,34360.085.04$11,862
Aug 200601,85768.717.34$13,630
Jul 2006034969.376.34$2,214
Jun 200602,15566.286.38$13,757
May 200609266.016.42$591
Apr 2006017264.397.36$1,266
Mar 200601,87156.707.08$13,252
Feb 2006982,40157.597.75$24,254
Jan 2006051760.598.93$4,619
Dec 200501,71954.9413.42$23,061
Nov 200502,94254.6910.59$31,151
Oct 200501,34358.3413.80$18,528
Sep 200501,11061.4512.08$13,408
Aug 2005050161.519.80$4,908

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 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 75.11 =        $75
Gas                   21 Mcf  × $  2.47 =        $52

────────────────────────────────────────────────────
Month total                                     $127

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/217558 is the state's own key, not one this site invented.