RUTH STEWART

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

Gas lease lease 265331District 06Field 57814700CondensateGasSaveExport
Value, all time
$10.9 M
May 2012 – May 2026
Value, last 12 filed months
$637 k
at the published price for each month
Months reported
169
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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered
1982-03-27
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-11-06.

The Commission's schedule remark for this field reads: DOCKET #06-0253202 EFF. 11-6-07.

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
CondensateDisposition8,091 bbl$522,867
GasProduction2,998,255 Mcf$10,385,537
Total$10,908,404

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 31.5569, -94.3664. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55691, -94.36641 · 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
10,530 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 10,530 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-34733306210,530 ftDec 2012

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 (169)

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

169 months

May 2026113,981106.413.05$42,690
Apr 2026013,05398.932.87$37,458
Mar 202611913,70089.753.15$53,828
Feb 2026013,04363.503.75$48,915
Jan 2026012,55759.138.00$100,430
Dec 2025013,19456.664.41$58,230
Nov 202514413,25158.593.93$60,466
Oct 2025114,61859.383.30$48,370
Sep 2025014,14162.743.08$43,511
Aug 2025014,57263.933.01$43,931
Jul 202512814,69966.743.32$57,273
Jun 2025013,47866.483.13$42,169
May 20255614,76160.553.23$51,103
Apr 2025013,90262.363.54$49,256
Mar 2025012,10867.704.27$51,681
Feb 202512110,79070.884.34$55,414
Jan 202509,71174.324.28$41,550
Dec 2024010,95168.993.12$34,182
Nov 202408,85169.052.20$19,458
Oct 2024011,25271.372.28$25,670
Sep 2024010,27869.612.36$24,301
Aug 202410111,54675.632.06$31,465
Jul 2024013,00679.932.15$27,919
Jun 2024011,62378.082.63$30,615
May 2024014,37978.812.20$31,611
Apr 202418612,95584.451.66$37,203
Mar 2024014,16180.301.55$21,881
Feb 202408,04976.091.78$14,357
Jan 202408,09973.023.30$26,708
Dec 202309,52471.262.61$24,865
Nov 202309,02977.892.81$25,349
Oct 20231268,92085.443.09$38,304
Sep 202308,50889.042.74$23,270
Aug 2023010,43080.522.67$27,878
Jul 2023010,72574.852.64$28,333
Jun 2023012,35968.962.26$27,913
May 202312813,24770.622.23$38,546
Apr 2023012,27678.122.24$27,471
Mar 2023012,21572.852.39$29,232
Feb 202314012,13075.112.47$40,424
Jan 202309,08376.533.39$30,771
Dec 2022014,23276.415.73$81,536
Nov 2022014,64485.005.65$82,683
Oct 202214315,31387.185.86$102,259
Sep 2022015,35584.888.16$125,353
Aug 2022010,14294.529.13$92,568
Jul 2022015,402101.587.54$116,163
Jun 2022015,859115.097.98$126,510
May 2022015,906109.378.43$134,136
Apr 202213515,060104.226.84$117,044
Mar 2022016,051108.885.08$81,481
Feb 2022015,03691.054.86$73,058
Jan 2022016,30881.844.54$74,000
Dec 202112517,02071.323.90$75,278
Nov 2021016,91477.435.24$88,576
Oct 202112716,43879.795.71$104,058
Sep 2021018,06669.865.35$96,670
Aug 2021018,18866.024.22$76,764
Jul 20216916,63570.783.98$71,126
Jun 2021017,67969.493.38$59,766
May 2021018,65463.483.02$56,292
Apr 2021016,93760.362.76$46,719
Mar 202111117,11361.302.72$53,299
Feb 2021013,82557.805.55$76,700
Jan 2021018,42350.412.81$51,774
Dec 202013317,86944.642.68$53,745
Nov 2020016,77638.772.71$45,405
Oct 202015416,59436.972.48$46,820
Sep 2020015,76037.091.99$31,379
Aug 2020115,62139.982.39$37,298
Jul 2020019,98538.371.83$36,475
Jun 2020016,47534.901.69$27,848
May 2020014,09616.921.81$25,581
Apr 202011117,25914.751.80$32,779
Mar 202015018,59930.341.86$39,075
Feb 2020119,64349.881.98$38,956
Jan 2020119,47057.252.09$40,842
Dec 201915019,62659.012.30$54,077
Nov 2019120,67455.302.75$56,923
Oct 2019222,93753.472.42$55,581
Sep 20191212,39055.052.66$33,584
Aug 2019171053.112.30$9,082
Jul 2019014,75856.272.46$36,306
Jun 201909,51252.782.49$23,696
May 2019014,18958.482.74$38,882
Apr 201916713,23462.632.75$46,862
Mar 2019013,93556.803.06$42,670
Feb 2019014,23950.852.79$39,758
Jan 201915716,80146.033.23$61,463
Dec 2018017,16146.594.19$71,826
Nov 20183615,55552.934.24$67,816
Oct 2018016,36461.443.40$55,606
Sep 201813218,20359.543.11$64,434
Aug 2018019,56359.403.07$59,991
Jul 2018018,90265.142.93$55,418
Jun 201816118,18060.183.08$65,627
May 2018018,89665.382.90$54,814
Apr 2018018,03363.842.90$52,310
Mar 201816317,72661.222.79$59,378
Feb 2018015,02661.782.77$41,564
Jan 2018017,53362.874.01$70,295
Dec 201717218,38757.272.92$63,568
Nov 2017019,56855.423.12$61,020
Oct 2017020,48449.292.98$61,118
Sep 201717021,08447.523.09$73,171
Aug 2017022,21245.373.00$66,734
Jul 2017021,09543.873.09$65,126
Jun 201717021,45542.493.09$73,461
May 2017021,14145.373.26$68,992
Apr 2017020,15547.933.21$64,730
Mar 201718020,89746.772.98$70,769
Feb 2017019,89050.452.95$58,727
Jan 2017020,57849.413.42$70,352
Dec 201617620,41948.763.72$84,598
Nov 2016220,98142.492.64$55,566
Oct 201617622,97246.193.09$79,119
Sep 2016021,95941.553.10$68,087
Aug 2016023,27741.442.92$68,070
Jul 2016023,70141.622.92$69,310
Jun 201617922,98845.352.69$69,860
May 2016521,87642.521.99$43,769
Apr 201619322,77836.561.99$52,408
Mar 2016524,38033.011.79$43,903
Feb 2016822,23026.472.06$46,086
Jan 201618524,22927.352.36$62,346
Dec 2015022,92932.362.00$45,890
Nov 201514823,04038.792.17$55,676
Oct 2015724,62543.552.43$60,059
Sep 201514923,02142.992.76$69,907
Aug 2015624,61340.162.87$70,942
Jul 201515125,94148.152.95$83,669
Jun 2015226,43656.152.88$76,324
May 2015524,70955.212.96$73,302
Apr 201515225,19249.822.71$75,757
Mar 201516427,09942.892.93$86,562
Feb 2015425,90944.662.98$77,289
Jan 2015528,60143.433.10$88,898
Dec 201417626,47454.693.59$104,703
Nov 20141227,33670.464.25$117,074
Oct 201417728,81078.303.90$126,246
Sep 20141028,09886.164.05$114,530
Aug 201418030,45689.394.04$138,984
Jul 2014931,67196.564.18$133,241
Jun 2014531,40298.164.74$149,238
May 201417332,98094.734.73$172,270
Apr 20141230,55595.944.81$148,094
Mar 201418934,60095.895.06$193,088
Feb 20141331,28297.406.19$194,964
Jan 201419036,01890.404.86$192,249
Dec 201315936,25791.824.35$172,480
Nov 2013536,40088.853.74$136,518
Oct 201316139,96697.423.78$166,731
Sep 201315438,781104.113.72$160,211
Aug 201316443,752104.253.52$171,218
Jul 2013046,464102.523.72$172,741
Jun 201322446,60594.403.93$204,462
May 2013053,55894.834.15$222,216
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0

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             1 bbl  × $106.41 =       $106
Gas               13,981 Mcf  × $  3.05 =    $42,584

────────────────────────────────────────────────────
Month total                                  $42,690

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/265331 is the state's own key, not one this site invented.