GARRETT TRUST
GARRETT TRUST is a Texas gas lease in Wood County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 51,375 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $23K, with roughly $4K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 33 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 1,053 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GARRETT TRUST
- Who operates GARRETT TRUST?
- GARRETT TRUST is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is GARRETT TRUST?
- GARRETT TRUST is a Texas gas lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 280103.
- Is GARRETT TRUST still producing?
- GARRETT TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARRETT TRUST is August 2026.
- How much has GARRETT TRUST produced?
- GARRETT TRUST has reported 51,375 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2015 and August 2026, from 1 wellbore.
- How much is GARRETT TRUST worth?
- The remaining production from GARRETT TRUST is estimated to be worth about $23K in total as of 27 August 2026, within a range of $13K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARRETT TRUST is a fraction of it. The estimate fits an Arps decline curve to the production GARRETT TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARRETT TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does GARRETT TRUST generate in a year?
- GARRETT TRUST is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARRETT TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Yantis (Heard Zone) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 280103 |
| Wellbores | 1 |
| Reported production | 51,375 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where GARRETT TRUST sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.