Skip to content
Royalty Clerk

Texas oil lease

Producing

CLEO

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

1 well

28,403bbl oil, last 12 months−52% vs prior year
Operator
Valence Operating Company
County
Smith County
Field
Girlie Caldwell (Goodland LM)
RRC lease
06-15981

Is your check right?

Check my statement

Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
6,296 mcf
Oil in Jul 2026
1,941 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for CLEO, Sep 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 28,403 bbl in the 12 months through Jul 2026, against 58,979 bbl in the 12 months before.Last 12 months: 28,403 bblbbl per monthmcf per month005,0001,00010k2,00015k3,00020k4,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for CLEO, Sep 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 28,403 bbl in the 12 months through Jul 2026, against 58,979 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0001,00010k2,00015k3,00020k4,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Sep 2023.

All of the gas went to flaring in the last 12 monthsShare of CLEO gas by disposition code each month, Sep 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of CLEO gas by disposition code each month, Sep 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 35 months above 3%.

1 well on this lease

Wells on CLEO
API numberWell no.Status
42-423-324661HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Sep 26, 2023

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

Who buys my oilOil price check

167.75 acres on the newest permit

Permits for Cleo
API numberWell no.Acreson the permit
42-423-324661H167.75

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

Unit decimal checker

Estimate your royalty

35 months, newest first

Ledger for CLEO
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,9411,9384870487$80.46$2.89
Jun 20262,1102,2877070707$84.81$3.15
May 20262,2022,0856710671$102.13$2.94
Apr 20262,0982,0664720472$100.32$2.77
Mar 20262,5402,7175400540$91.38$3.04
Feb 20262,2912,2794300430$64.51$3.62
Jan 20262,6172,6394570457$60.04$7.72
Dec 20252,8012,6625500550$57.97$4.26
Nov 20252,7452,7755760576$60.06$3.79
Oct 20252,9713,1076390639$60.89$3.19
Sep 20252,4352,1194340434$63.96$2.97
Aug 20251,6521,6503330333$64.86$2.91
Jul 20253,3073,6707150715$68.39$3.20
Jun 20253,2023,1205590559$68.17$3.02
May 20253,5143,4815940594$62.17$3.12
Apr 20253,2923,1505410541$63.54$3.42
Mar 20254,3044,4595860586$68.24$4.12
Feb 20255,0385,1511,04601,046$71.53$4.19
Jan 20256,0195,9291,13501,135$75.74$4.13
Dec 20247,3977,7071,37501,375$70.12$3.01
Nov 20245,7965,5011,00701,007$69.95$2.12
Oct 20244,8124,8486590659$71.99$2.20
Sep 20245,6615,5489130913$70.24$2.28
Aug 20246,6376,5791,33301,333$76.68$1.99
Jul 20246,9196,7761,25401,254$81.80$2.07
Jun 20246,6376,9331,28201,282$79.77$2.54
May 20247,7627,8091,46601,466$80.02$2.12
Apr 20246,4627,0741,38301,383$85.35$1.60
Mar 20247,9337,4271,26701,267$81.28$1.49
Feb 20248,8448,5871,22401,224$77.25$1.72
Jan 20246,5566,4001,17101,171$74.15$3.18
Dec 20239,3649,5382,17702,177$71.90$2.52
Nov 202313,85314,3772,51902,519$77.69$2.71
Oct 20239,0098,0791,11801,118$85.64$2.98
Sep 20230011011$89.43$2.64

Flared above 3%

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

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorValence Operating CompanyFieldGirlie Caldwell (Goodland LM)CountySmith County

Valence Operating Company in Smith County

All Valence Operating Company leases →

Girlie Caldwell (Goodland LM) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km