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Texas oil lease

Producing

CLAY

Clay is an oil lease in Smith County, Texas, operated by Valence Operating Company in the Girlie Caldwell (Goodland LM) field.

1 well

13,485bbl oil, last 12 months−22% vs prior year
Operator
Valence Operating Company
County
Smith County
Field
Girlie Caldwell (Goodland LM)
RRC lease
06-15688

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
8,935 mcf
Oil in Jul 2026
1,133 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for CLAY, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 13,485 bbl in the 12 months through Jul 2026, against 17,229 bbl in the 12 months before.Last 12 months: 13,485 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for CLAY, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 13,485 bbl in the 12 months through Jul 2026, against 17,229 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of CLAY gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of CLAY gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Jul 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    87% · 7,735 mcf

  • Lease fuel (1)

    13% · 1,200 mcf

1 well on this lease

Wells on CLAY
API numberWell no.Status
42-423-324251HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Aug 1, 2026–
Midcoast G & P (East Texas) L.p.Casinghead gasBuys100May 20, 2019–
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100May 20, 2019–
Plains Marketing, L.p.OilGathers100May 20, 2019Aug 1, 2026

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

155.45 acres on the newest permit

Permits for Clay
API numberWell no.Acreson the permit
42-423-324251H155.45

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for CLAY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,1331,1969644350$80.46$2.89
Jun 20261,1231,0511,1471,0340$84.81$3.15
May 20269451,0623493130$102.13$2.94
Apr 20261,0761,0827046350$100.32$2.77
Mar 20261,3171,3049458880$91.38$3.04
Feb 20269039271051020$64.51$3.62
Jan 20261,0511,0934674300$60.04$7.72
Dec 20251,2041,2098157530$57.97$4.26
Nov 20251,1008535054660$60.06$3.79
Oct 20251,1861,3709168400$60.89$3.19
Sep 20251,0399919438540$63.96$2.97
Aug 20251,4081,3931,0759850$64.86$2.91
Jul 20251,3761,4819248480$68.39$3.20
Jun 20251,2751,4735855290$68.17$3.02
May 20251,4871,4066485830$62.17$3.12
Apr 20251,2881,0027106360$63.54$3.42
Mar 20251,6541,7781,0559460$68.24$4.12
Feb 20251,5871,4219148370$71.53$4.19
Jan 20259209665675170$75.74$4.13
Dec 20241,3041,4575094640$70.12$3.01
Nov 20241,6861,4299638430$69.95$2.12
Oct 20241,3541,3851,0589520$71.99$2.20
Sep 20241,6151,6211,0149140$70.24$2.28
Aug 20241,6831,8321,0039250$76.68$1.99
Jul 20241,4551,5667857040$81.80$2.07
Jun 20241,7281,5977687010$79.77$2.54
May 20241,7411,7845955300$80.02$2.12
Apr 20241,9011,9317296720$85.35$1.60
Mar 20242,0732,1257416660$81.28$1.49
Feb 20241,6031,6811,6751,5610$77.25$1.72
Jan 20242,1081,9637687050$74.15$3.18
Dec 20231,7101,7561,0791,0110$71.90$2.52
Nov 20231,9171,6597526920$77.69$2.71
Oct 20231,9361,9301,2631,1860$85.64$2.98
Sep 20232,0042,2469489000$89.43$2.64
Aug 20232,1302,2741,4971,4130$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorValence Operating CompanyFieldGirlie Caldwell (Goodland LM)CountySmith County

Valence Operating Company in Smith County

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Girlie Caldwell (Goodland LM) field

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