Skip to content
Royalty Clerk

Texas gas well · RRC district 06 · Lease 200157

Shut in

GRAY

Gray is a gas well in Cherokee County, Texas, operated by Valence Operating Company in the Overton, North (Haynesville) field.

Gas well dossier · 1 well

0mcf gas, last 12 months
Operator
Valence Operating Company
County
Cherokee County
Field
Overton, North (Haynesville)
RRC lease
06-200157

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Cherokee CountyCherokeeAndersonNacogdochesSmithRuskHendersonCherokee County
Cherokee County · RRC district 06Open Cherokee County →
Gas in Jul 2026
0 mcf
Reporting to the state
since Jan 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No gas produced in the last 12 months

The last month with output was Jan 2025, at 187 mcf.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
No gas produced in the last 12 monthsMonthly gas production and oil for GRAY, Aug 2023 to Jul 2026. No gas produced in the last 12 months. The last month with output was Jan 2025, at 187 mcf.Last 12 months: 0 mcfmcf per monthbbl per month00100252005030075400100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No gas produced in the last 12 monthsMonthly gas production and oil for GRAY, Aug 2023 to Jul 2026. No gas produced in the last 12 months. The last month with output was Jan 2025, at 187 mcf.Last 12 monthsmcf per monthbbl per month00100252005030075400100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 200157, district 06. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

98% of the gas went to a transmission line in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
98% of the gas went to a transmission line in the last 12 monthsShare of GRAY gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a transmission line in the last 12 monthsShare of GRAY gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 200157, district 06. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Valence Operating Company has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeValence Operating Company, Jan 2020 to Jul 20262020202120222023202420252026Valence Operating CompanyJan 2020 to nowthrough Jul 2026
Operators of this lease over timeValence Operating Company, Jan 2020 to Jul 20262020202120222023202420252026Valence Operating CompanyJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to gas well 200157 in district 06. The API number is the state’s ID for a well.
Wells on GRAY
API numberWell no.Status
42-073-310771Shut-in

SourceTexas Railroad Commission Wellbore Query, district 06, lease 200157.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Condensate

    Dk Trading & Supply, LLC and Eastex Crude Company, LLC gather it.

    Dk Trading & Supply, LLC gathers it: 90% of it, on the list since Jan 1, 2023 · Eastex Crude Company, LLC gathers it: 10% of it, on the list since Jan 1, 2023

  • Gas from gas wells

    Midcoast G & P (East Texas) L.p. buys it; Midcoast Pipelines (E Tx) L.p. gathers it.

    Midcoast G & P (East Texas) L.p. buys it: 100% of it, on the list since Oct 1, 2020 · Midcoast Pipelines (E Tx) L.p. gathers it: 100% of it, on the list since Oct 1, 2020

Companies that used to be listed: Eastex Crude Company (gathers it, until Jan 1, 2023); Lion Oil Trading & Trans, LLC (gathers it, until Jan 1, 2023); Energy Transfer Company (gathers it, until Oct 1, 2020); Midcoast Pipelines (E Tx) L.p. (gathers it, until Oct 1, 2020); Energy Transfer Company (buys it, until Oct 1, 2020); Midcoast G & P (East Texas) L.p. (buys it, until Oct 1, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

229.13 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
Jan 2, 2004
Latest permit
Sep 16, 2003
Wells and acres on the permits for Gray
API numberWell no.Acreson the permit
42-073-310771229.13

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says GRAY sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for GRAY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Valence Operating00000$80.46$2.89
Jun 2026Valence Operating00000$84.81$3.15
May 2026Valence Operating00000$102.13$2.94
Apr 2026Valence Operating00000$100.32$2.77
Mar 2026Valence Operating00000$91.38$3.04
Feb 2026Valence Operating00000$64.51$3.62
Jan 2026Valence Operating00000$60.04$7.72
Dec 2025Valence Operating00000$57.97$4.26
Nov 2025Valence Operating00000$60.06$3.79
Oct 2025Valence Operating00000$60.89$3.19
Sep 2025Valence Operating00000$63.96$2.97
Aug 2025Valence Operating00000$64.86$2.91
Jul 2025Valence Operating00000$68.39$3.20
Jun 2025Valence Operating00000$68.17$3.02
May 2025Valence Operating00000$62.17$3.12
Apr 2025Valence Operating00000$63.54$3.42
Mar 2025Valence Operating00000$68.24$4.12
Feb 2025Valence Operating00000$71.53$4.19
Jan 2025Valence Operating001871870$75.74$4.13
Dec 2024Valence Operating002292290$70.12$3.01
Nov 2024Valence Operating0099990$69.95$2.12
Oct 2024Valence Operating001521520$71.99$2.20
Sep 2024Valence Operating001171170$70.24$2.28
Aug 2024Valence Operating001901860$76.68$1.99
Jul 2024Valence Operating002001950$81.80$2.07
Jun 2024Valence Operating002021970$79.77$2.54
May 2024Valence Operating001841800$80.02$2.12
Apr 2024Valence Operating411702622560$85.35$1.60
Mar 2024Valence Operating003243160$81.28$1.49
Feb 2024Valence Operating8901311280$77.25$1.72
Jan 2024Valence Operating301321290$74.15$3.18
Dec 2023Valence Operating001671630$71.90$2.52
Nov 2023Valence Operating001541500$77.69$2.71
Oct 2023Valence Operating1503783710$85.64$2.98
Sep 2023Valence Operating00000$89.43$2.64
Aug 2023Valence Operating00000$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for GRAY. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Valence Operating Company.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorValence Operating CompanyFieldOverton, North (Haynesville)CountyCherokee County

Valence Operating Company in Cherokee County

All Valence Operating Company leases →

Overton, North (Haynesville) field

  • COLE

    9,983 mcf last 12 months

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • BURNS

    2,197 bbl last 12 months · 0.5 km away

  • GRAY 2 OIL UNIT

    307 bbl last 12 months · 0.7 km away

  • PBGM

    128,772 mcf last 12 months · 0.8 km away

  • HUFF

    122 mcf last 12 months · 0.8 km away

  • POOLE

    80,884 mcf last 12 months · 0.8 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 200157, district 06, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.