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Texas oil lease

Producing

LOTUS (ALLOC)

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

1 well

75,660bbl oil, last 12 months
Operator
Valence Operating Company
County
Smith County
Field
Girlie Caldwell (Goodland LM)
RRC lease
06-16141

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Gas, last 12 months
17,818 mcf
Oil in Jul 2026
4,855 bbl

Production by month

Oil output fell 10% since Aug 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 10% since Aug 2025Monthly oil production and gas for LOTUS (ALLOC), Aug 2025 to Jul 2026. Oil output fell 10% since Aug 2025. Monthly average of 5,462 bbl in the latest 3 months, against 6,042 bbl in the first 3.bbl per monthmcf per month002,5001,0005,0002,0007,5003,00010k4,00012.5k5,000Oct 25Jan 26AprJul
Oil output fell 10% since Aug 2025Monthly oil production and gas for LOTUS (ALLOC), Aug 2025 to Jul 2026. Oil output fell 10% since Aug 2025. Monthly average of 5,462 bbl in the latest 3 months, against 6,042 bbl in the first 3.bbl per monthmcf per month002,5001,0005,0002,0007,5003,00010k4,00012.5k5,000Jan 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)
  • Other (5 to 8)
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of LOTUS (ALLOC) gas by disposition code each month, Aug 2025 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 25Jan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of LOTUS (ALLOC) gas by disposition code each month, Aug 2025 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 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    82% · 14,618 mcf

  • Lease fuel (1)

    18% · 3,143 mcf

  • Other (5 to 8)

    0.3% · 57 mcf

1 well on this lease

Wells on LOTUS (ALLOC)
API numberWell no.Status
42-423-324741HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Aug 3, 2025
Midcoast G & P (East Texas) L.p.Casinghead gasBuys100Aug 3, 2025
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Aug 3, 2025

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

Who buys my oilOil price check

1,493.85 acres on the newest permit

An allocation well is on this lease

Permits for Lotus (Alloc)
API numberWell no.Acreson the permit
42-423-324741H1,493.85

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

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12 months, newest first

Ledger for LOTUS (ALLOC)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,8554,5179203220$80.46$2.89
Jun 20265,5455,8009106650$84.81$3.15
May 20265,9856,3001,2039540$102.13$2.94
Apr 20265,5005,3364993130$100.32$2.77
Mar 20266,4836,5111,5841,3850$91.38$3.04
Feb 20264,9835,3477044950$64.51$3.62
Jan 20266,3286,0871,4131,1620$60.04$7.72
Dec 20257,8187,9331,7831,6100$57.97$4.26
Nov 202510,0369,7893,0262,6530$60.06$3.79
Oct 20258,1998,4623,3732,8910$60.89$3.19
Sep 20256,5316,1831,7171,5000$63.96$2.97
Aug 20253,3973,0346866680$64.86$2.91

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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