RICE, W. M. UNIVERSITY UNIT

Operated by EQV OPERATING LLC (P-5 101634) in the VILLAGE MILLS DEEP (WX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224206District 03Field 93839485CondensateGasSave
Value, all time
$38.6 M
Sep 2006 – May 2026
Value, last 12 filed months
$561 k
at the published price for each month
Months reported
237
no gaps in the span
Streams
2
condensate, gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition122,998 bbl$8,711,217
GasProduction5,552,628 Mcf$29,894,351
Total$38,605,568

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.5020, -94.4473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50199, -94.44728 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,468 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,468 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-19933035112,468 ftSep 2006

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (237)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

237 months

May 20261818,963106.413.05$46,560
Apr 20261788,81798.932.87$42,912
Mar 20261829,50689.753.15$46,273
Feb 20261878,33863.503.75$43,145
Jan 202607,56659.138.00$60,512
Dec 20255638,74056.664.41$70,472
Nov 20251798,73058.593.93$44,765
Oct 20255369,61459.383.30$63,600
Sep 202509,55362.743.08$29,394
Aug 2025010,87563.933.01$32,786
Jul 20251788,84566.743.32$41,203
Jun 20251858,80066.483.13$39,832
May 2025877,61960.553.23$29,895
Apr 20252057,06862.363.54$37,827
Mar 20251837,11367.704.27$42,750
Feb 20252997,27270.884.34$52,760
Jan 20251856,64574.324.28$42,181
Dec 20243018,13168.993.12$46,146
Nov 202408,13569.052.20$17,884
Oct 20241778,06571.372.28$31,032
Sep 20242008,00469.612.36$32,846
Aug 20241828,50075.632.06$31,306
Jul 20241717,90579.932.15$30,637
Jun 20243888,66478.082.63$53,116
May 20241848,62078.812.20$33,452
Apr 20242078,37784.451.66$31,380
Mar 20241818,26380.301.55$27,302
Feb 20241848,06776.091.78$28,389
Jan 20241858,46473.023.30$41,420
Dec 20232098,64771.262.61$37,468
Nov 20231848,26777.892.81$37,542
Oct 20231829,10685.443.09$43,663
Sep 20232038,83789.042.74$42,245
Aug 20232318,95580.522.67$42,536
Jul 20231939,42974.852.64$39,356
Jun 20231758,70168.962.26$31,719
May 20231808,98870.622.23$32,731
Apr 20233779,29278.122.24$50,245
Mar 20233708,93172.852.39$48,328
Feb 202307,70175.112.47$18,988
Jan 20232488,31076.533.39$47,131
Dec 202223812,13076.415.73$87,679
Nov 20223661585.005.65$31,195
Oct 20222618,43587.185.86$72,215
Sep 20221818,48084.888.16$84,591
Aug 20221828,63994.529.13$96,052
Jul 20223698,671101.587.54$102,880
Jun 20222468,281115.097.98$94,371
May 20221818,546109.378.43$91,865
Apr 20222498,057104.226.84$81,041
Mar 20221858,496108.885.08$63,272
Feb 20223726,97091.054.86$67,737
Jan 20221567,88281.844.54$48,533
Dec 20213987,89071.323.90$59,149
Nov 20212496,98777.435.24$55,870
Oct 20211755,58279.795.71$45,858
Sep 20212118,41669.865.35$59,774
Aug 20213438,38766.024.22$58,043
Jul 20214238,70270.783.98$64,592
Jun 20212498,43069.493.38$45,802
May 20211838,47463.483.02$37,189
Apr 20213688,64960.362.76$46,070
Mar 20212489,65661.302.72$41,437
Feb 20211867,76857.805.55$53,847
Jan 20213679,31050.412.81$44,664
Dec 20201998,61044.642.68$31,919
Nov 20203698,27838.772.71$36,711
Oct 20201858,41536.972.48$27,695
Sep 20204269,61737.091.99$34,948
Aug 20201778,87639.982.39$28,247
Jul 20204048,36838.371.83$30,774
Jun 20201788,29134.901.69$20,227
May 20203969,44316.921.81$23,837
Apr 20202019,50614.751.80$20,117
Mar 20202389,73730.341.86$25,295
Feb 20204279,23049.881.98$39,580
Jan 20203089,53857.252.09$37,613
Dec 20194319,77459.012.30$47,956
Nov 201924910,82655.302.75$43,549
Oct 201924110,35253.472.42$37,923
Sep 20194109,57655.052.66$48,017
Aug 20194578,54953.112.30$43,971
Jul 20192288,71956.272.46$34,279
Jun 20192329,01952.782.49$34,713
May 20194059,58358.482.74$49,945
Apr 201923110,06362.632.75$42,148
Mar 20192604,99656.803.06$30,066
Feb 20192267,77150.852.79$33,190
Jan 20192158,17446.033.23$36,284
Dec 20182769,83146.594.19$54,006
Nov 20182969,88052.934.24$57,531
Oct 20181989,81361.443.40$45,510
Sep 20183919,67259.543.11$53,341
Aug 20185699,94559.403.07$64,296
Jul 20183729,40865.142.93$51,815
Jun 2018209,89060.183.08$31,634
May 20183648,58565.382.90$48,702
Apr 20184158,22763.842.90$50,358
Mar 20183956,22061.222.79$41,516
Feb 2018284,87161.782.77$15,204
Jan 20182378,28062.874.01$48,097
Dec 201744310,19557.272.92$55,156
Nov 201723410,14955.423.12$44,617
Oct 20172093,97449.292.98$22,159
Sep 20172235,69247.523.09$28,170
Aug 201704,87445.373.00$14,643
Jul 20171964,81043.873.09$23,448
Jun 20173989,00642.493.09$44,715
May 201743211,23145.373.26$56,251
Apr 201796412,58047.933.21$86,606
Mar 20172,09319,70546.772.98$156,683
Feb 20172285,90250.452.95$28,929
Jan 201736,70549.413.42$23,071
Dec 201636216,80648.763.72$80,217
Nov 201636919,34042.492.64$66,821
Oct 20160046.193.09$0
Sep 201637118,33941.553.10$72,278
Aug 201647918,17241.442.92$72,991
Jul 201636916,23141.622.92$62,823
Jun 201618118,59445.352.69$58,149
May 201637416,97142.521.99$49,692
Apr 201638518,29136.561.99$50,494
Mar 201637118,96233.011.79$46,265
Feb 201638515,98226.472.06$43,172
Jan 201638717,02027.352.36$50,826
Dec 201541518,61632.362.00$50,688
Nov 201539916,52938.792.17$51,301
Oct 201539419,75443.552.43$65,093
Sep 201520320,86842.992.76$66,290
Aug 201576120,64740.162.87$89,870
Jul 201519416,26848.152.95$57,252
Jun 201560812,61256.152.88$70,498
May 201519920,70955.212.96$72,191
Apr 201520112,63349.822.71$44,206
Mar 201520016,41342.892.93$56,745
Feb 201539214,82244.662.98$61,620
Jan 201519511,67243.433.10$44,659
Dec 20142274,40054.693.59$28,217
Nov 201419911,47070.464.25$62,790
Oct 201419916,61878.303.90$80,408
Sep 201419221,54986.164.05$103,718
Aug 201435623,64989.394.04$127,249
Jul 201419820,01496.564.18$102,769
Jun 201428323,14898.164.74$137,429
May 201438625,59094.734.73$157,518
Apr 201419526,57295.944.81$146,496
Mar 201439128,67195.895.06$182,477
Feb 201439532,21497.406.19$237,942
Jan 201457515,38590.404.86$126,762
Dec 201338816,45191.824.35$107,262
Nov 20131859,49788.853.74$51,940
Oct 201353917,43597.423.78$118,403
Sep 201336116,188104.113.72$97,766
Aug 201336112,397104.253.52$81,304
Jul 201353718,456102.523.72$123,668
Jun 201354217,21794.403.93$118,886
May 201336718,24994.834.15$110,519
Apr 201354318,97193.964.28$132,265
Mar 201336134,68293.623.91$169,503
Feb 201336817,87191.233.42$94,690
Jan 201336114,64091.603.42$83,135
Dec 201236317,90586.773.42$92,735
Nov 201236619,81586.953.62$103,652
Oct 201253920,27689.383.40$117,108
Sep 201235816,61494.672.92$82,378
Aug 201269822,17392.662.91$129,159
Jul 201237114,81585.133.02$76,336
Jun 201236718,74879.822.52$76,521
May 201254423,26091.612.49$107,714
Apr 201253219,232101.652.00$92,480
Mar 201235721,617105.052.22$85,538
Feb 201252219,356101.102.57$102,524
Jan 201253522,85598.092.73$114,966
Dec 201153922,09096.873.24$123,779
Nov 201168621,89995.723.31$138,178
Oct 201137023,46784.983.65$117,063
Sep 201153924,25883.623.99$141,759
Aug 201169023,70483.404.15$155,901
Jul 201154126,01094.144.52$168,423
Jun 201154624,84692.904.64$166,006
May 201155725,75798.134.40$168,113
Apr 201156423,600105.964.33$162,027
Mar 201172527,31296.364.06$180,675
Feb 201157025,08885.644.18$153,682
Jan 201174228,54086.504.59$195,147
Dec 201054827,04985.734.35$164,582
Nov 201054828,17980.843.80$151,249
Oct 201074330,45278.103.51$164,881
Sep 201071130,22972.633.98$171,935
Aug 201090434,06273.684.42$217,139
Jul 201036920,18872.554.74$122,391
Jun 201051728,47670.364.91$176,205
May 201075032,46771.124.24$190,845
Apr 201070432,32081.694.12$190,755
Mar 201055434,28678.394.39$193,898
Feb 201074032,17873.585.44$229,573
Jan 201074636,22574.365.96$271,522
Dec 200955935,10271.445.48$232,426
Nov 200991337,35274.593.75$208,227
Oct 200972638,55872.544.11$211,147
Sep 200971240,11665.543.06$169,610
Aug 200989943,52667.423.22$200,699
Jul 200972437,26461.133.46$173,359
Jun 200991342,73766.163.90$226,865
May 200992245,56954.743.93$229,363
Apr 200992545,72446.773.59$207,297
Mar 200994447,66442.144.06$233,248
Feb 200978044,56132.814.63$232,043
Jan 20091,11950,71235.865.37$312,501
Dec 200892452,75937.105.98$349,628
Nov 200891155,53355.496.86$431,528
Oct 20081,46661,13175.246.92$533,449
Sep 200873548,618101.767.88$457,762
Aug 20081,08062,825114.228.48$656,303
Jul 20081,07765,209131.0811.39$883,867
Jun 20081,08269,020131.3313.03$1,041,611
May 20081,47176,521123.1711.57$1,066,859
Apr 20081,65973,668110.3110.45$953,193
Mar 20081,47282,290101.909.66$945,253
Feb 200889536,08892.538.77$399,327
Jan 20081,27975,97390.388.21$739,010
Dec 20071,29364,96088.337.30$588,547
Nov 20071,10464,02191.677.29$568,026
Oct 20071,43285,62582.856.92$711,336
Sep 20071,23390,11475.846.24$656,197
Aug 20071,608100,92869.066.39$755,770
Jul 20072,024125,13570.906.39$942,856
Jun 20072,074125,61462.007.55$1,076,779
May 20072,05295,88358.747.85$872,859
Apr 20071,43368,76459.617.81$622,138
Mar 20072,544126,99256.927.30$1,072,096
Feb 20072,535113,48355.108.22$1,072,055
Jan 20072,36497,74950.306.73$776,452
Dec 20063,138120,87056.656.92$1,014,000
Nov 20062,734121,87054.207.62$1,076,525
Oct 20061,79984,86554.906.01$609,126
Sep 20061,58374,27060.085.04$469,219

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate           181 bbl  × $106.41 =    $19,260
Gas                8,963 Mcf  × $  3.05 =    $27,300

────────────────────────────────────────────────────
Month total                                  $46,560

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/224206 is the state's own key, not one this site invented.