GARRETT "E"

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 255202District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Jan 2010 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
197
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 Gas112010-04-28197892
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
CondensateDisposition4,914 bbl$378,707
GasProduction1,125,818 Mcf$4,252,934
Total$4,631,641

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 32.4544, -94.1915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45440, -94.19152 · 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
11,610 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 11,610 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-203348741211,610 ftAug 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 (197)

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

197 months

May 2026101,495106.413.05$5,618
Apr 2026982998.932.87$3,269
Mar 202671,04689.753.15$3,923
Feb 20261273163.503.75$3,503
Jan 2026072759.138.00$5,814
Dec 2025141,02556.664.41$5,317
Nov 20251596158.593.93$4,652
Oct 2025181,22459.383.30$5,114
Sep 202522,32062.743.08$7,264
Aug 2025242,42863.933.01$8,854
Jul 202573,30366.743.32$11,417
Jun 2025303,40766.483.13$12,654
May 202572,88660.553.23$9,752
Apr 2025223,19362.363.54$12,685
Mar 2025183,16367.704.27$14,719
Feb 2025162,71470.884.34$12,915
Jan 2025204,20974.324.28$19,495
Dec 2024151,39268.993.12$5,380
Nov 202421,26869.052.20$2,926
Oct 2024193,23371.372.28$8,732
Sep 2024224,18669.612.36$11,429
Aug 2024515,34475.632.06$14,885
Jul 2024415,65779.932.15$15,420
Jun 2024446,40678.082.63$20,309
May 20240078.812.20$0
Apr 2024333,29884.451.66$8,259
Mar 2024434,75080.301.55$10,792
Feb 2024214,62376.091.78$9,844
Jan 202405,70673.023.30$18,816
Dec 202302,57871.262.61$6,730
Nov 2023993277.892.81$3,318
Oct 202301,42785.443.09$4,406
Sep 2023111,87089.042.74$6,094
Aug 2023142,79280.522.67$8,590
Jul 202303,13174.852.64$8,271
Jun 2023393,14168.962.26$9,783
May 2023143,53370.622.23$8,858
Apr 2023143,06978.122.24$7,961
Mar 2023113,41472.852.39$8,972
Feb 2023132,11775.112.47$6,196
Jan 2023442,64376.533.39$12,321
Dec 202272,94176.415.73$17,384
Nov 202202,32485.005.65$13,122
Oct 202272,04587.185.86$12,602
Sep 2022102,21984.888.16$18,964
Aug 202202,93994.529.13$26,825
Jul 2022103,697101.587.54$28,899
Jun 202283,112115.097.98$25,746
May 202201,864109.378.43$15,719
Apr 2022124,355104.226.84$31,028
Mar 202264,288108.885.08$22,421
Feb 202291,98091.054.86$10,440
Jan 202294,58481.844.54$21,537
Dec 2021104,35271.323.90$17,682
Nov 202193,82277.435.24$20,712
Oct 202154,36479.795.71$25,334
Sep 202163,84969.865.35$21,015
Aug 202143,60666.024.22$15,484
Jul 202143,68770.783.98$14,965
Jun 2021124,71569.493.38$16,774
May 202144,04963.483.02$12,472
Apr 202153,65860.362.76$10,392
Mar 2021104,05861.302.72$11,638
Feb 202102,94057.805.55$16,311
Jan 202183,88350.412.81$11,316
Dec 202084,33944.642.68$11,966
Nov 202023,07738.772.71$8,406
Oct 202011,62336.972.48$4,059
Sep 202011,44937.091.99$2,922
Aug 202041,65539.982.39$4,107
Jul 202022,52238.371.83$4,680
Jun 202052,77834.901.69$4,870
May 202003,25416.921.81$5,905
Apr 202032,42014.751.80$4,411
Mar 202032,41030.341.86$4,565
Feb 202031,93349.881.98$3,978
Jan 202062,76757.252.09$6,140
Dec 201964,85559.012.30$11,542
Nov 201954,05455.302.75$11,428
Oct 2019113,64753.472.42$9,409
Sep 201991,85955.052.66$5,435
Aug 2019212,80953.112.30$7,588
Jul 2019172,90856.272.46$8,110
Jun 201992,22352.782.49$6,013
May 2019253,97758.482.74$12,360
Apr 2019213,12762.632.75$9,917
Mar 2019213,68056.803.06$12,461
Feb 2019322,99050.852.79$9,976
Jan 2019503,21246.033.23$12,670
Dec 201802,04646.594.19$8,563
Nov 201802,42952.934.24$10,292
Oct 201803,01161.443.40$10,232
Sep 201802,98859.543.11$9,287
Aug 201802,33359.403.07$7,154
Jul 201802,65565.142.93$7,784
Jun 201802,40560.183.08$7,400
May 201802,30765.382.90$6,692
Apr 201841,92363.842.90$5,834
Mar 201802,72861.222.79$7,603
Feb 201802,98661.782.77$8,260
Jan 2018312,75762.874.01$13,003
Dec 201702,62257.272.92$7,660
Nov 201703,64055.423.12$11,351
Oct 2017662,60649.292.98$11,029
Sep 201702,54247.523.09$7,848
Aug 201702,50645.373.00$7,529
Jul 2017762,78143.873.09$11,920
Jun 201703,27042.493.09$10,095
May 201702,99945.373.26$9,787
Apr 2017772,91747.933.21$13,059
Mar 201702,89646.772.98$8,641
Feb 201703,00450.452.95$8,870
Jan 2017833,54749.413.42$16,228
Dec 201603,86648.763.72$14,392
Nov 2016454,22042.492.64$13,071
Oct 201603,93646.193.09$12,163
Sep 201604,70241.553.10$14,579
Aug 2016464,56541.442.92$15,256
Jul 201604,89941.622.92$14,326
Jun 2016444,61945.352.69$14,401
May 201634,34542.521.99$8,779
Apr 2016404,80836.561.99$11,035
Mar 201604,83533.011.79$8,674
Feb 2016373,81326.472.06$8,848
Jan 201624,38527.352.36$10,422
Dec 2015474,30332.362.00$10,133
Nov 201514,15038.792.17$9,033
Oct 201543,38543.552.43$8,388
Sep 2015284,23842.992.76$12,894
Aug 2015544,58440.162.87$15,336
Jul 201515,68248.152.95$16,782
Jun 2015655,26856.152.88$18,837
May 201515,27555.212.96$15,645
Apr 201525,41749.822.71$14,761
Mar 201504,79842.892.93$14,081
Feb 2015413,91744.662.98$13,489
Jan 201505,48343.433.10$17,001
Dec 20141566,03454.693.59$30,202
Nov 20141404,94170.464.25$30,873
Oct 201435,12378.303.90$20,220
Sep 20141414,63486.164.05$30,895
Aug 2014165,06989.394.04$21,884
Jul 20141545,24596.564.18$36,792
Jun 20141244,84598.164.74$35,122
May 2014106,47294.734.73$31,538
Apr 20141037,47295.944.81$45,816
Mar 20141127,90895.895.06$50,729
Feb 2014707,66497.406.19$54,273
Jan 2014368,96690.404.86$46,836
Dec 201307,75491.824.35$33,765
Nov 2013667,38788.853.74$33,479
Oct 2013617,36797.423.78$33,785
Sep 2013536,752104.113.72$30,620
Aug 2013617,135104.253.52$31,493
Jul 2013688,451102.523.72$38,390
Jun 2013667,88994.403.93$37,261
May 2013788,42894.834.15$42,365
Apr 2013827,99093.964.28$41,923
Mar 2013728,07393.623.91$38,329
Feb 2013766,18391.233.42$28,079
Jan 201336,91691.603.42$23,927
Dec 201207,45986.773.42$25,511
Nov 201208,22186.953.62$29,801
Oct 201209,47589.383.40$32,212
Sep 201209,39894.672.92$27,427
Aug 201209,87192.662.91$28,706
Jul 201208,12885.133.02$24,553
Jun 2012010,26179.822.52$25,848
May 2012258,32491.612.49$23,003
Apr 2012426,051101.652.00$16,352
Mar 2012896,096105.052.22$22,895
Feb 2012507,121101.102.57$23,358
Jan 2012497,60798.092.73$25,605
Dec 20111038,61296.873.24$37,878
Nov 2011528,06895.723.31$31,693
Oct 201110411,08684.983.65$49,286
Sep 20115110,63583.623.99$46,654
Aug 20113111,31383.404.15$49,527
Jul 20113510,74794.144.52$51,842
Jun 20111610,79892.904.64$51,588
May 2011159,83498.134.40$44,789
Apr 20111610,451105.964.33$46,982
Mar 20111911,63196.364.06$49,022
Feb 20111111,62585.644.18$49,534
Jan 20112513,77486.504.59$65,368
Dec 20101314,98485.734.35$66,261
Nov 20102616,70380.843.80$65,495
Oct 20102918,22978.103.51$66,228
Sep 20104518,50172.633.98$76,893
Aug 20102818,06873.684.42$81,912
Jul 20102616,92272.554.74$82,037
Jun 20106519,66470.364.91$101,132
May 20103429,46171.124.24$127,192
Apr 20106135,95281.694.12$153,202
Mar 201010141,55978.394.39$190,306
Feb 20106540,62673.585.44$225,884
Jan 20102823,40474.365.96$141,666

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                1,495 Mcf  × $  3.05 =     $4,554

────────────────────────────────────────────────────
Month total                                   $5,618

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/255202 is the state's own key, not one this site invented.