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 263236District 06Field 06650600CondensateGasSaveExport
Value, all time
$1.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
178
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
CondensateDisposition2,136 bbl$129,318
GasProduction317,849 Mcf$1,072,873
Total$1,202,191

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 32.2813, -94.4103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28129, -94.41032 · 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
6,750 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 6,750 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-36537752246,750 ftAug 2011

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 (178)

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

178 months

May 202601,816106.413.05$5,531
Apr 202602,26098.932.87$6,486
Mar 202602,37389.753.15$7,474
Feb 202601,45463.503.75$5,453
Jan 202601,39559.138.00$11,157
Dec 202501,01356.664.41$4,471
Nov 202501,41358.593.93$5,548
Oct 202501,64859.383.30$5,446
Sep 202501,64062.743.08$5,046
Aug 202502,01463.933.01$6,072
Jul 202502,29266.743.32$7,598
Jun 202502,15866.483.13$6,752
May 202502,10760.553.23$6,811
Apr 202501,69262.363.54$5,995
Mar 202501,88467.704.27$8,042
Feb 202502,03870.884.34$8,847
Jan 202502,26574.324.28$9,691
Dec 202402,40068.993.12$7,491
Nov 202402,53869.052.20$5,580
Oct 202402,57971.372.28$5,884
Sep 202402,58169.612.36$6,102
Aug 202402,66475.632.06$5,498
Jul 202402,70279.932.15$5,800
Jun 202402,16878.082.63$5,710
May 202402,37778.812.20$5,226
Apr 202401,07684.451.66$1,785
Mar 202401,14980.301.55$1,775
Feb 202401,17376.091.78$2,092
Jan 2024056773.023.30$1,870
Dec 2023064371.262.61$1,679
Nov 2023069977.892.81$1,962
Oct 2023091385.443.09$2,819
Sep 202301,08189.042.74$2,957
Aug 202301,18980.522.67$3,178
Jul 202301,19674.852.64$3,160
Jun 202301,25468.962.26$2,832
May 2023065570.622.23$1,459
Apr 202301,06878.122.24$2,390
Mar 202301,10872.852.39$2,652
Feb 202301,09575.112.47$2,700
Jan 2023069976.533.39$2,368
Dec 202201,25176.415.73$7,167
Nov 202201,07485.005.65$6,064
Oct 202201,36287.185.86$7,986
Sep 202201,29984.888.16$10,605
Aug 202201,10394.529.13$10,067
Jul 202201,343101.587.54$10,129
Jun 20220664115.097.98$5,297
May 20220163109.378.43$1,375
Apr 20220117104.226.84$800
Mar 20220207108.885.08$1,051
Feb 2022031391.054.86$1,521
Jan 2022034481.844.54$1,561
Dec 2021026871.323.90$1,045
Nov 2021041677.435.24$2,179
Oct 2021026679.795.71$1,520
Sep 2021036869.865.35$1,969
Aug 2021024066.024.22$1,013
Jul 2021031670.783.98$1,258
Jun 2021014369.493.38$483
May 2021096563.483.02$2,912
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 20190052.782.49$0
May 2019017658.482.74$482
Apr 2019013362.632.75$366
Mar 2019021956.803.06$671
Feb 2019031050.852.79$866
Jan 2019030646.033.23$988
Dec 2018037546.594.19$1,570
Nov 2018019152.934.24$809
Oct 2018020461.443.40$693
Sep 2018020059.543.11$622
Aug 2018057959.403.07$1,776
Jul 2018057365.142.93$1,680
Jun 2018069460.183.08$2,135
May 201801,31965.382.90$3,826
Apr 201801,39363.842.90$4,041
Mar 201801,79161.222.79$4,991
Feb 201801,65561.782.77$4,578
Jan 2018331,77162.874.01$9,175
Dec 201701,80857.272.92$5,282
Nov 201751,73055.423.12$5,672
Oct 2017241,47649.292.98$5,587
Sep 2017171,30347.523.09$4,831
Aug 2017171,39645.373.00$4,965
Jul 2017321,59143.873.09$6,316
Jun 2017191,24042.493.09$4,636
May 2017241,44545.373.26$5,804
Apr 2017231,03047.933.21$4,410
Mar 2017272,41646.772.98$8,471
Feb 2017271,58550.452.95$6,042
Jan 2017371,32149.413.42$6,344
Dec 2016341,31248.763.72$6,542
Nov 2016371,55842.492.64$5,692
Oct 2016401,96946.193.09$7,932
Sep 2016371,81941.553.10$7,177
Aug 2016431,79441.442.92$7,028
Jul 2016351,86941.622.92$6,922
Jun 2016371,93345.352.69$6,870
May 2016481,99042.521.99$6,003
Apr 2016492,08136.561.99$5,935
Mar 2016552,27733.011.79$5,901
Feb 2016332,15926.472.06$5,329
Jan 2016532,43627.352.36$7,209
Dec 2015442,34332.362.00$6,113
Nov 2015502,21438.792.17$6,738
Oct 2015462,57743.552.43$8,257
Sep 2015392,51542.992.76$8,614
Aug 2015412,62140.162.87$9,175
Jul 2015492,57548.152.95$9,943
Jun 2015422,61956.152.88$9,909
May 2015552,78555.212.96$11,267
Apr 2015442,66949.822.71$9,416
Mar 2015432,49142.892.93$9,155
Feb 2015432,50044.662.98$9,361
Jan 2015553,02943.433.10$11,780
Dec 2014522,86754.693.59$13,140
Nov 2014463,36870.464.25$17,561
Oct 2014231,42978.303.90$7,375
Sep 2014372,41986.164.05$12,974
Aug 2014182,62589.394.04$12,201
Jul 2014182,67696.564.18$12,923
Jun 2014152,75098.164.74$14,499
May 201482,49694.734.73$12,555
Apr 2014112,58795.944.81$13,497
Mar 2014112,83695.895.06$15,396
Feb 201492,58997.406.19$16,908
Jan 2014132,82690.404.86$14,912
Dec 2013152,92891.824.35$14,127
Nov 2013113,36088.853.74$13,538
Oct 2013143,23297.423.78$13,579
Sep 2013212,957104.113.72$13,180
Aug 2013202,701104.253.52$11,600
Jul 2013243,023102.523.72$13,699
Jun 2013232,98494.403.93$13,909
May 2013263,23694.834.15$15,892
Apr 2013213,53993.964.28$17,129
Mar 2013273,53693.623.91$16,364
Feb 2013243,48491.233.42$14,104
Jan 2013263,79091.603.42$15,343
Dec 2012253,62786.773.42$14,574
Nov 2012293,75486.953.62$16,130
Oct 2012314,42489.383.40$17,811
Sep 201293,49194.672.92$11,040
Aug 201293,76992.662.91$11,795
Jul 2012103,80785.133.02$12,351
Jun 2012103,83079.822.52$10,446
May 2012124,10591.612.49$11,314
Apr 2012124,459101.652.00$10,124
Mar 2012174,612105.052.22$12,034
Feb 2012174,832101.102.57$14,138
Jan 2012154,06198.092.73$12,574
Dec 2011195,92296.873.24$21,026
Nov 2011167,06195.723.31$24,912
Oct 2011186,73184.983.65$26,088
Sep 2011207,79283.623.99$32,730
Aug 2011177,71183.404.15$33,413

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             0 bbl  × $106.41 =         $0
Gas                1,816 Mcf  × $  3.05 =     $5,531

────────────────────────────────────────────────────
Month total                                   $5,531

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/263236 is the state's own key, not one this site invented.