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 219237District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jan 2006 – May 2026
Value, last 12 filed months
$168 k
at the published price for each month
Months reported
245
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 Gas112006-10-13170770
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
CondensateDisposition28,857 bbl$2,023,779
GasProduction1,077,839 Mcf$5,241,229
Total$7,265,008

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 32.2771, -94.3980. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27714, -94.39804 · 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
10,237 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 10,237 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-365359461710,237 ftJan 2006

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 (245)

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

245 months

May 2026552,502106.413.05$13,473
Apr 20261002,13898.932.87$16,028
Mar 2026722,26089.753.15$13,580
Feb 20261042,09263.503.75$14,450
Jan 2026792,04259.138.00$21,003
Dec 2025762,35156.664.41$14,682
Nov 20251032,19158.593.93$14,638
Oct 20251072,15059.383.30$13,459
Sep 2025572,00362.743.08$9,739
Aug 2025912,31863.933.01$12,806
Jul 2025892,40766.743.32$13,920
Jun 2025512,05066.483.13$9,804
May 20251052,27360.553.23$13,705
Apr 2025802,41162.363.54$13,531
Mar 2025832,44967.704.27$16,072
Feb 2025822,37570.884.34$16,122
Jan 2025752,16974.324.28$14,854
Dec 2024722,54668.993.12$12,914
Nov 2024642,16669.052.20$9,181
Oct 2024722,01971.372.28$9,745
Sep 2024541,60969.612.36$7,563
Aug 2024701,66175.632.06$8,722
Jul 2024512,10879.932.15$8,601
Jun 2024932,24178.082.63$13,164
May 2024862,53578.812.20$12,351
Apr 2024692,64484.451.66$10,214
Mar 2024792,55580.301.55$10,292
Feb 2024411,30176.091.78$5,440
Jan 2024491,27373.023.30$7,776
Dec 2023592,21871.262.61$9,995
Nov 2023602,12477.892.81$10,637
Oct 2023711,95285.443.09$12,093
Sep 2023471,70889.042.74$8,856
Aug 2023481,79980.522.67$8,673
Jul 2023711,90174.852.64$10,336
Jun 2023582,31668.962.26$9,230
May 2023561,68670.622.23$7,710
Apr 2023801,99078.122.24$10,703
Mar 2023852,46272.852.39$12,084
Feb 2023722,38475.112.47$11,286
Jan 2023682,03176.533.39$12,085
Dec 2022601,99076.415.73$15,985
Nov 2022792,49985.005.65$20,825
Oct 2022572,18287.185.86$17,764
Sep 2022622,38284.888.16$24,708
Aug 20221183,15994.529.13$39,986
Jul 2022934,517101.587.54$43,515
Jun 2022763,296115.097.98$35,040
May 2022962,492109.378.43$31,515
Apr 2022553,788104.226.84$31,633
Mar 2022632,359108.885.08$18,835
Feb 2022341,98291.054.86$12,726
Jan 2022561,85381.844.54$12,991
Dec 2021322,04871.323.90$10,268
Nov 2021421,59077.435.24$11,579
Oct 2021362,17279.795.71$15,283
Sep 2021362,14669.865.35$13,998
Aug 2021582,34666.024.22$13,731
Jul 2021482,64370.783.98$13,922
Jun 2021652,38669.493.38$12,583
May 2021512,11463.483.02$9,617
Apr 2021332,12760.362.76$7,859
Mar 2021802,65561.302.72$12,117
Feb 2021362,03357.805.55$13,360
Jan 2021302,03750.412.81$7,237
Dec 2020471,37544.642.68$5,777
Nov 2020241,38938.772.71$4,690
Oct 2020291,39336.972.48$4,525
Sep 2020321,28537.091.99$3,745
Aug 2020482,01539.982.39$6,725
Jul 2020962,97738.371.83$9,117
Jun 2020492,22634.901.69$5,473
May 2020392,68316.921.81$5,529
Apr 2020623,12514.751.80$6,553
Mar 2020743,53630.341.86$8,809
Feb 2020582,37249.881.98$7,591
Jan 2020522,59857.252.09$8,419
Dec 2019723,38659.012.30$12,051
Nov 2019753,18855.302.75$12,917
Oct 20191083,92153.472.42$15,258
Sep 2019694,23255.052.66$15,044
Aug 2019713,28453.112.30$11,338
Jul 2019723,80556.272.46$13,412
Jun 2019874,07052.782.49$14,731
May 2019893,87058.482.74$15,810
Apr 2019783,18262.632.75$13,638
Mar 2019983,93556.803.06$17,616
Feb 20191003,87750.852.79$15,910
Jan 20191064,48246.033.23$19,348
Dec 20181194,27546.594.19$23,437
Nov 20181204,70852.934.24$26,301
Oct 2018974,15961.443.40$20,092
Sep 2018884,57959.543.11$19,471
Aug 2018753,83959.403.07$16,228
Jul 2018653,52665.142.93$14,572
Jun 2018684,30960.183.08$17,351
May 2018843,98165.382.90$17,040
Apr 2018862,96063.842.90$14,077
Mar 2018963,06761.222.79$14,424
Feb 2018962,92561.782.77$14,022
Jan 2018662,83662.874.01$15,520
Dec 20171372,95657.272.92$16,482
Nov 2017932,89055.423.12$14,166
Oct 2017813,08249.292.98$13,188
Sep 2017602,88147.523.09$11,746
Aug 2017662,84145.373.00$11,530
Jul 2017883,05743.873.09$13,298
Jun 2017682,84542.493.09$11,673
May 2017732,60945.373.26$11,826
Apr 2017872,78547.933.21$13,114
Mar 2017576,00046.772.98$20,568
Feb 2017534,43750.452.95$15,775
Jan 2017813,48949.413.42$15,930
Dec 2016693,07748.763.72$14,820
Nov 2016693,26142.492.64$11,555
Oct 2016703,16646.193.09$13,017
Sep 2016693,53741.553.10$13,834
Aug 2016783,46541.442.92$13,365
Jul 2016653,32941.622.92$12,440
Jun 2016693,29645.352.69$11,982
May 2016863,71342.521.99$11,049
Apr 2016973,59536.561.99$10,704
Mar 2016993,41633.011.79$9,396
Feb 2016603,22726.472.06$8,248
Jan 2016963,57527.352.36$11,078
Dec 2015763,47232.362.00$9,408
Nov 2015902,99938.792.17$9,991
Oct 2015823,09143.552.43$11,072
Sep 2015792,91542.992.76$11,437
Aug 2015762,91040.162.87$11,411
Jul 2015913,00648.152.95$13,235
Jun 2015743,02656.152.88$12,879
May 2015973,38455.212.96$15,357
Apr 2015862,97649.822.71$12,339
Mar 2015892,97142.892.93$12,536
Feb 2015993,27044.662.98$14,153
Jan 20151183,77843.433.10$16,839
Dec 20141023,42254.693.59$17,868
Nov 2014974,33670.464.25$25,271
Oct 2014814,76978.303.90$24,946
Sep 2014734,73486.164.05$25,441
Aug 2014904,75789.394.04$27,240
Jul 2014874,90496.564.18$28,897
Jun 2014764,41098.164.74$28,350
May 2014804,57494.734.73$29,198
Apr 20141084,60095.944.81$32,483
Mar 20141044,89895.895.06$34,741
Feb 2014934,71797.406.19$38,266
Jan 20141054,29990.404.86$30,388
Dec 20131314,99391.824.35$33,770
Nov 20131025,14188.853.74$28,281
Oct 20131145,83797.423.78$33,166
Sep 2013673,613104.113.72$20,408
Aug 2013653,666104.253.52$19,690
Jul 2013552,981102.523.72$16,721
Jun 2013593,07694.403.93$17,669
May 2013703,39494.834.15$20,720
Apr 2013644,12393.964.28$23,671
Mar 2013713,72093.623.91$21,203
Feb 2013693,70291.233.42$18,955
Jan 2013955,26991.603.42$26,722
Dec 2012814,74186.773.42$23,243
Nov 2012733,66586.953.62$19,633
Oct 2012874,33589.383.40$22,514
Sep 2012834,29294.672.92$20,383
Aug 2012834,31992.662.91$20,251
Jul 2012884,54085.133.02$21,206
Jun 2012853,91279.822.52$16,639
May 2012853,99491.612.49$17,725
Apr 20121004,737101.652.00$19,624
Mar 2012983,740105.052.22$18,605
Feb 20121154,410101.102.57$22,961
Jan 20121003,80698.092.73$20,215
Dec 2011993,84796.873.24$22,053
Nov 2011834,54295.723.31$22,985
Oct 2011765,09484.983.65$25,044
Sep 2011764,95383.623.99$26,097
Aug 20111166,61183.404.15$37,106
Jul 20113637,60794.144.52$68,535
Jun 20111055,16692.904.64$33,724
May 20111135,35198.134.40$34,659
Apr 20111044,296105.964.33$29,636
Mar 20111225,80096.364.06$35,288
Feb 2011814,59685.644.18$26,148
Jan 20111045,41286.504.59$33,830
Dec 20101325,86885.734.35$36,829
Nov 20101115,65680.843.80$30,440
Oct 20101175,26778.103.51$27,619
Sep 20101254,46872.633.98$26,859
Aug 20101284,68273.684.42$30,122
Jul 20101444,40072.554.74$31,288
Jun 20101435,21370.364.91$35,659
May 20101434,63671.124.24$29,805
Apr 20101644,83481.694.12$33,326
Mar 20101654,65378.394.39$33,355
Feb 20101554,69673.585.44$36,962
Jan 20101925,42274.365.96$46,614
Dec 20092185,73871.445.48$47,040
Nov 20092165,65674.593.75$37,330
Oct 20091706,52172.544.11$39,135
Sep 20091034,53165.543.06$20,637
Aug 20091385,75467.423.22$27,823
Jul 20091396,87261.133.46$32,305
Jun 20091306,48466.163.90$33,856
May 20092347,85254.743.93$43,634
Apr 200925110,39646.773.59$49,035
Mar 20092026,00142.144.06$32,870
Feb 20091351,97232.814.63$13,566
Jan 20092797,27535.865.37$49,079
Dec 20082477,13237.105.98$51,793
Nov 20082647,19855.496.86$64,030
Oct 20082078,67675.246.92$75,630
Sep 20081907,307101.767.88$76,892
Aug 20081836,611114.228.48$76,984
Jul 20082026,534131.0811.39$100,897
Jun 20081977,831131.3313.03$127,931
May 20082468,106123.1711.57$124,121
Apr 20081735,570110.3110.45$77,317
Mar 20082497,261101.909.66$95,544
Feb 20082376,45492.538.77$78,535
Jan 20082697,95690.388.21$89,597
Dec 20072926,81288.337.30$75,533
Nov 20072589,01191.677.29$89,356
Oct 200729211,04582.856.92$100,645
Sep 20071928,01675.846.24$64,614
Aug 20072137,86769.066.39$64,964
Jul 20071233,79770.906.39$32,976
Jun 20071294,60262.007.55$42,736
May 20071935,95658.747.85$58,069
Apr 20072958,34859.617.81$82,743
Mar 200741210,42156.927.30$99,545
Feb 20072708,84055.108.22$87,506
Jan 20073228,93250.306.73$76,281
Dec 200640510,31856.656.92$94,328
Nov 20062949,67054.207.62$89,596
Oct 200634014,65154.906.01$106,774
Sep 200631715,00260.085.04$94,613
Aug 200630411,51068.717.34$105,370
Jul 200633715,42269.376.34$121,196
Jun 200633411,49266.286.38$95,501
May 200643612,49466.016.42$109,054
Apr 200645013,94464.397.36$131,610
Mar 200666117,43456.707.08$160,962
Feb 200680923,01857.597.75$225,006
Jan 200608,15060.598.93$72,807

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            55 bbl  × $106.41 =     $5,853
Gas                2,502 Mcf  × $  3.05 =     $7,621

────────────────────────────────────────────────────
Month total                                  $13,473

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/219237 is the state's own key, not one this site invented.