BP "I" GAS 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 250818District 03Field 938394852 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
2007-09-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-06-09.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA REMAINS SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-10-22194999
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition10,625 bbl$580,619
GasProduction277,860 Mcf$766,360
Total$1,346,979

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 30.5088, -94.4234. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50880, -94.42340 · 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
12,450 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 12,450 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-19933144112,450 ftAug 2008

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 (214)

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

214 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202141069.865.35$2,864
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202007537.091.99$149
Aug 2020023639.982.39$563
Jul 202080038.371.83$3,070
Jun 20200034.901.69$0
May 2020062316.921.81$1,131
Apr 20200014.751.80$0
Mar 2020074030.341.86$1,374
Feb 202009849.881.98$194
Jan 20201844,44857.252.09$19,851
Dec 201938016,37459.012.30$60,155
Nov 201936634,11455.302.75$114,077
Oct 20192,01394,06153.472.42$335,125
Sep 2019015,22455.052.66$40,454
Aug 201906453.112.30$147
Jul 2019173156.272.46$9,737
Jun 201901052.782.49$25
May 20191786558.482.74$10,588
Apr 2019070162.632.75$1,928
Mar 20193013756.803.06$2,124
Feb 201918221350.852.79$9,849
Jan 2019023146.033.23$746
Dec 201817222246.594.19$8,943
Nov 201818545652.934.24$11,724
Oct 2018076761.443.40$2,606
Sep 20181811,13759.543.11$14,311
Aug 201801,54459.403.07$4,735
Jul 20181812,78865.142.93$19,964
Jun 20181792,91360.183.08$19,735
May 20181833,41965.382.90$21,882
Apr 20181903,21463.842.90$21,453
Mar 20181794,08961.222.79$22,354
Feb 201804,11461.782.77$11,380
Jan 20181835,34362.874.01$32,927
Dec 20172725,81357.272.92$32,560
Nov 20171871,75455.423.12$15,833
Oct 20171841,61949.292.98$13,900
Sep 201701,94547.523.09$6,005
Aug 201702,14045.373.00$6,429
Jul 20171812,28943.873.09$15,007
Jun 201702,40142.493.09$7,413
May 20171842,76145.373.26$17,358
Apr 20171873,13947.933.21$19,044
Mar 20171863,63346.772.98$19,539
Feb 20171853,72450.452.95$20,329
Jan 20171924,79949.413.42$25,894
Dec 20163686,99348.763.72$43,977
Nov 20163638,37942.492.64$37,581
Oct 2016089146.193.09$2,753
Sep 201602141.553.10$65
Aug 20160641.442.92$18
Jul 201601641.622.92$47
Jun 201603045.352.69$81
May 2016037042.521.99$737
Apr 20161284536.561.99$4,769
Mar 2016010533.011.79$188
Feb 201604626.472.06$95
Jan 2016868227.352.36$2,546
Dec 201520119532.362.00$6,895
Nov 2015065438.792.17$1,417
Oct 2015051043.552.43$1,238
Sep 2015058342.992.76$1,608
Aug 201539577140.162.87$18,078
Jul 2015085248.152.95$2,509
Jun 2015089656.152.88$2,583
May 201501,70455.212.96$5,036
Apr 20151892,42049.822.71$15,966
Mar 20151984,15742.892.93$20,692
Feb 20154006,75644.662.98$37,971
Jan 201507443.433.10$229
Dec 201403654.693.59$129
Nov 201401270.464.25$51
Oct 20140878.303.90$31
Sep 201401186.164.05$45
Aug 20140289.394.04$8
Jul 201401496.564.18$59
Jun 201401498.164.74$66
May 201402994.734.73$137
Apr 201401795.944.81$82
Mar 201403395.895.06$167
Feb 201402597.406.19$155
Jan 201407190.404.86$345
Dec 201301091.824.35$44
Nov 20132011888.853.74$17,926
Oct 201302097.423.78$76
Sep 201302104.113.72$7
Aug 201304104.253.52$14
Jul 201303102.523.72$11
Jun 20130294.403.93$8
May 20130394.834.15$12
Apr 201302693.964.28$111
Mar 201308093.623.91$313
Feb 20130491.233.42$14
Jan 201302991.603.42$99
Dec 201204386.773.42$147
Nov 201205686.953.62$203
Oct 201201489.383.40$48
Sep 20120194.672.92$3
Aug 201201592.662.91$44
Jul 201203685.133.02$109
Jun 201203579.822.52$88
May 20121781791.612.49$16,349
Apr 2012023101.652.00$46
Mar 2012035105.052.22$78
Feb 2012030101.102.57$77
Jan 201203998.092.73$107
Dec 201101896.873.24$58
Nov 201101895.723.31$60
Oct 20110184.983.65$4
Sep 201103083.623.99$120
Aug 20110383.404.15$12
Jul 2011175294.144.52$16,484
Jun 20110592.904.64$23
May 201104098.134.40$176
Apr 20110123105.964.33$533
Mar 2011014296.364.06$576
Feb 2011012385.644.18$514
Jan 2011012386.504.59$564
Dec 201002885.734.35$122
Nov 201001580.843.80$57
Oct 201002878.103.51$98
Sep 2010160672.633.98$11,645
Aug 2010033273.684.42$1,467
Jul 2010018972.554.74$895
Jun 2010020070.364.91$982
May 2010021571.124.24$911
Apr 2010025881.694.12$1,064
Mar 2010026278.394.39$1,150
Feb 2010028973.585.44$1,573
Jan 2010023874.365.96$1,419
Dec 200918737671.445.48$15,421
Nov 2009010374.593.75$386
Oct 2009010272.544.11$419
Sep 200901765.543.06$52
Aug 200904467.423.22$142
Jul 200937814761.133.46$23,616
Jun 2009012666.163.90$491
May 200903354.743.93$130
Apr 2009063546.773.59$2,278
Mar 200901,08442.144.06$4,400
Feb 200901,29832.814.63$6,014
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20080396114.228.48$3,359

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.

Sep 2021 — as filed, then multipliedworked
Condensate            41 bbl  × $ 69.86 =     $2,864
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $2,864

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/250818 is the state's own key, not one this site invented.