GARRETT HEIRS

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

Gas lease lease 252245District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
May 2009 – May 2026
Value, last 12 filed months
$106 k
at the published price for each month
Months reported
205
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

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 Gas112009-11-20195717
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
CondensateDisposition9,557 bbl$673,202
GasProduction1,395,787 Mcf$5,289,877
Total$5,963,079

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 32.4403, -94.1925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44029, -94.19255 · 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
11,620 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 11,620 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-20334822311,620 ftNov 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 (205)

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

205 months

May 202627523106.413.05$4,466
Apr 2026421,83998.932.87$9,432
Mar 2026371,42589.753.15$7,809
Feb 20266495663.503.75$7,649
Jan 2026121,35659.138.00$11,555
Dec 2025372,04156.664.41$11,104
Nov 2025382,55458.593.93$12,255
Oct 2025382,61359.383.30$10,892
Sep 2025182,29962.743.08$8,203
Aug 2025331,32263.933.01$6,095
Jul 20251994766.743.32$4,408
Jun 2025512,93066.483.13$12,558
May 2025203,87960.553.23$13,749
Apr 2025681,46262.363.54$9,421
Mar 2025682,05267.704.27$13,362
Feb 2025633,56970.884.34$19,958
Jan 2025912,32674.324.28$16,715
Dec 2024853,55968.993.12$16,973
Nov 2024223,72869.052.20$9,715
Oct 20241516,98871.372.28$26,719
Sep 2024718,42269.612.36$24,855
Aug 2024482,24375.632.06$8,259
Jul 20243024479.932.15$2,922
Jun 20242154778.082.63$3,080
May 20240078.812.20$0
Apr 2024731584.451.66$1,114
Mar 20241673180.301.55$2,414
Feb 20244146276.091.78$3,944
Jan 20242923573.023.30$2,893
Dec 20232421471.262.61$2,269
Nov 20235352177.892.81$5,591
Oct 2023049185.443.09$1,516
Sep 20231253889.042.74$2,540
Aug 20231356380.522.67$2,552
Jul 2023063774.852.64$1,683
Jun 20238850568.962.26$7,209
May 20231668470.622.23$2,653
Apr 2023171,01378.122.24$3,595
Mar 20231282472.852.39$2,846
Feb 2023751775.112.47$1,801
Jan 20233328376.533.39$3,484
Dec 2022121,83276.415.73$11,413
Nov 2022071085.005.65$4,009
Oct 2022131,09587.185.86$7,554
Sep 20222891284.888.16$9,822
Aug 202202,11894.529.13$19,331
Jul 2022363,425101.587.54$29,489
Jun 2022302,990115.097.98$27,305
May 202202,672109.378.43$22,533
Apr 2022272,527104.226.84$20,093
Mar 2022222,489108.885.08$15,031
Feb 2022231,89891.054.86$11,316
Jan 2022322,67781.844.54$14,766
Dec 2021263,08271.323.90$13,871
Nov 2021262,52577.435.24$15,236
Oct 2021272,46579.795.71$16,239
Sep 2021323,24269.865.35$19,583
Aug 2021352,95266.024.22$14,770
Jul 2021273,15370.783.98$14,467
Jun 2021633,85669.493.38$17,414
May 2021333,92063.483.02$13,924
Apr 2021413,62160.362.76$12,463
Mar 2021734,77761.302.72$17,454
Feb 2021233,78857.805.55$22,345
Jan 2021834,78850.412.81$17,640
Dec 2020705,67544.642.68$18,308
Nov 2020202,84238.772.71$8,467
Oct 2020202,09036.972.48$5,919
Sep 2020241,92437.091.99$4,721
Aug 2020492,02539.982.39$6,789
Jul 2020372,17238.371.83$5,384
Jun 2020772,12434.901.69$6,278
May 202002,82816.921.81$5,132
Apr 2020412,55314.751.80$5,211
Mar 2020543,09630.341.86$7,385
Feb 2020652,62849.881.98$8,447
Jan 2020593,00357.252.09$9,668
Dec 2019504,10059.012.30$12,398
Nov 2019664,61655.302.75$16,347
Oct 2019354,33453.472.42$12,353
Sep 2019105,22855.052.66$14,443
Aug 2019415,33153.112.30$14,462
Jul 2019565,82156.272.46$17,471
Jun 2019126,32852.782.49$16,398
May 20191007,58658.482.74$26,636
Apr 2019844,46362.632.75$17,537
Mar 2019123,60856.803.06$11,730
Feb 2019173,82750.852.79$11,550
Jan 2019352,53546.033.23$9,794
Dec 201802,20546.594.19$9,229
Nov 201803,15152.934.24$13,352
Oct 201803,26161.443.40$11,081
Sep 201803,45559.543.11$10,738
Aug 201803,72559.403.07$11,423
Jul 201813,70065.142.93$10,913
Jun 201803,67160.183.08$11,295
May 201803,79465.382.90$11,006
Apr 2018153,78263.842.90$11,928
Mar 201803,61361.222.79$10,069
Feb 201803,13561.782.77$8,672
Jan 2018953,35562.874.01$19,424
Dec 201704,08857.272.92$11,943
Nov 201702,80155.423.12$8,735
Oct 2017963,78449.292.98$16,022
Sep 201703,47047.523.09$10,713
Aug 201703,64645.373.00$10,954
Jul 2017923,37243.873.09$14,446
Jun 201703,07942.493.09$9,506
May 201703,70945.373.26$12,104
Apr 2017963,33547.933.21$15,312
Mar 201703,80046.772.98$11,338
Feb 201703,29550.452.95$9,729
Jan 2017893,53549.413.42$16,483
Dec 201603,42848.763.72$12,762
Nov 20161292,99642.492.64$13,404
Oct 201603,96246.193.09$12,244
Sep 201603,03241.553.10$9,401
Aug 20161242,77641.442.92$13,257
Jul 201603,23241.622.92$9,451
Jun 20161333,17045.352.69$14,546
May 2016113,43842.521.99$7,313
Apr 20161423,36136.561.99$11,883
Mar 201603,80933.011.79$6,833
Feb 20161373,83326.472.06$11,536
Jan 2016104,04027.352.36$9,826
Dec 20151354,14732.362.00$12,668
Nov 201554,07438.792.17$9,024
Oct 2015114,50143.552.43$11,401
Sep 2015635,15042.992.76$16,914
Aug 20151015,87940.162.87$20,944
Jul 201525,64448.152.95$16,718
Jun 20151235,89356.152.88$23,895
May 201534,97055.212.96$14,854
Apr 201556,38949.822.71$17,541
Mar 201506,66642.892.93$19,563
Feb 201506,03944.662.98$17,973
Jan 201506,33743.433.10$19,649
Dec 201406,18154.693.59$22,198
Nov 201406,51970.464.25$27,718
Oct 201406,32878.303.90$24,685
Sep 201406,01486.164.05$24,329
Aug 201405,76789.394.04$23,271
Jul 201406,45296.564.18$26,967
Jun 2014165,71498.164.74$28,637
May 201405,82494.734.73$27,527
Apr 2014664,90895.944.81$29,935
Mar 2014765,43395.895.06$34,761
Feb 2014585,52897.406.19$39,879
Jan 2014288,20190.404.86$42,394
Dec 201307,99291.824.35$34,801
Nov 2013146,56388.853.74$25,778
Oct 2013167,93497.423.78$31,544
Sep 2013147,630104.113.72$29,824
Aug 2013428,134104.253.52$33,031
Jul 2013547,689102.523.72$34,122
Jun 2013567,10094.403.93$33,214
May 2013517,84794.834.15$37,394
Apr 2013468,97393.964.28$42,750
Mar 2013488,83693.623.91$39,068
Feb 2013588,02891.233.42$32,746
Jan 201329,99091.603.42$34,348
Dec 201209,68086.773.42$33,107
Nov 2012010,74886.953.62$38,961
Oct 201209,89489.383.40$33,636
Sep 201209,19894.672.92$26,843
Aug 201209,93592.662.91$28,893
Jul 2012011,48085.133.02$34,679
Jun 201209,80979.822.52$24,709
May 20123510,59891.612.49$29,578
Apr 20126311,441101.652.00$29,249
Mar 201212812,743105.052.22$41,762
Feb 20127113,004101.102.57$40,602
Jan 20127314,97298.092.73$48,095
Dec 201114318,12096.873.24$72,557
Nov 20116413,53495.723.31$50,941
Oct 201112911,83184.983.65$54,128
Sep 20116811,91383.623.99$53,169
Aug 20114313,57683.404.15$59,917
Jul 20115213,54694.144.52$66,086
Jun 20113214,73092.904.64$71,318
May 20117815,06298.134.40$74,000
Apr 201110017,028105.964.33$84,383
Mar 201111720,83696.364.06$95,813
Feb 20117921,70985.644.18$97,509
Jan 201115325,68486.504.59$131,093
Dec 20107425,72285.734.35$118,177
Nov 201012327,46480.843.80$114,178
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201090072.554.74$6,530
Jun 201035256,10070.364.91$300,240
May 20108910,98171.124.24$52,837
Apr 201023423,47781.694.12$115,904
Mar 201038226,95778.394.39$148,250
Feb 201024526,00673.585.44$159,561
Jan 201020743,34074.365.96$273,876
Dec 200918337,78171.445.48$220,255
Nov 200930840,82774.593.75$176,136
Oct 200921148,30672.544.11$213,856
Sep 20099842,23665.543.06$135,866
Aug 2009031,58667.423.22$101,660
Jul 2009214,85661.133.46$51,591
Jun 2009021,04566.163.90$81,970
May 200902,31254.743.93$9,076

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            27 bbl  × $106.41 =     $2,873
Gas                  523 Mcf  × $  3.05 =     $1,593

────────────────────────────────────────────────────
Month total                                   $4,466

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/252245 is the state's own key, not one this site invented.