EPSTEIN

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

Gas lease lease 262490District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$53.7 M
Jun 2011 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
180
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
2006-05-16
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-05-06.

The Commission's schedule remark for this field reads: LATERAL RULES.

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 Gas112013-02-09206335
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
CondensateDisposition210,532 bbl$17,168,010
GasProduction10,569,429 Mcf$36,527,394
Total$53,695,404

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 30.5130, -94.6659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51297, -94.66592 · 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
14,000 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 14,000 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-37331187114,000 ftJun 2018

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 (180)

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

180 months

May 2026010106.413.05$30
Apr 202609698.932.87$275
Mar 202607089.753.15$220
Feb 2026018863.503.75$705
Jan 202602059.138.00$160
Dec 2025015356.664.41$675
Nov 202503758.593.93$145
Oct 2025018859.383.30$621
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 202507962.363.54$280
Mar 20250067.704.27$0
Feb 2025021370.884.34$925
Jan 202504674.324.28$197
Dec 20240068.993.12$0
Nov 2024011069.052.20$242
Oct 202404071.372.28$91
Sep 2024041969.612.36$991
Aug 2024070975.632.06$1,463
Jul 2024045379.932.15$972
Jun 2024022078.082.63$579
May 202401,22978.812.20$2,702
Apr 202405,08584.451.66$8,437
Mar 202401,05580.301.55$1,630
Feb 2024029576.091.78$526
Jan 2024059773.023.30$1,969
Dec 2023022071.262.61$574
Nov 202301,01277.892.81$2,841
Oct 2023041285.443.09$1,272
Sep 2023039489.042.74$1,078
Aug 2023051380.522.67$1,371
Jul 202310610874.852.64$8,219
Jun 2023045168.962.26$1,019
May 2023030870.622.23$686
Apr 202301,94578.122.24$4,352
Mar 202301,74672.852.39$4,178
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202203,32376.415.73$19,038
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 20220476115.097.98$3,797
May 20220756109.378.43$6,375
Apr 202200104.226.84$0
Mar 20220802108.885.08$4,071
Feb 2022048391.054.86$2,347
Jan 2022036381.844.54$1,647
Dec 2021057871.323.90$2,254
Nov 2021035777.435.24$1,870
Oct 2021016379.795.71$931
Sep 2021029369.865.35$1,568
Aug 202112738666.024.22$10,014
Jul 2021059470.783.98$2,365
Jun 2021050769.493.38$1,714
May 2021024463.483.02$736
Apr 2021050060.362.76$1,379
Mar 2021065161.302.72$1,769
Feb 2021054757.805.55$3,035
Jan 2021038850.412.81$1,090
Dec 2020061344.642.68$1,640
Nov 20200038.772.71$0
Oct 2020016236.972.48$402
Sep 2020053637.091.99$1,067
Aug 2020036339.982.39$866
Jul 2020049138.371.83$896
Jun 202007834.901.69$132
May 2020028316.921.81$514
Apr 2020059714.751.80$1,077
Mar 2020078530.341.86$1,457
Feb 202015661449.881.98$8,997
Jan 2020069557.252.09$1,456
Dec 2019034059.012.30$783
Nov 2019071155.302.75$1,956
Oct 2019070653.472.42$1,707
Sep 2019082955.052.66$2,203
Aug 2019039453.112.30$908
Jul 201901,00556.272.46$2,472
Jun 2019089952.782.49$2,240
May 201901,39358.482.74$3,817
Apr 201901,76062.632.75$4,841
Mar 201901,04056.803.06$3,185
Feb 2019044550.852.79$1,243
Jan 2019851,70646.033.23$9,420
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018182061.443.40$11,182
Sep 201804,01559.543.11$12,479
Aug 201804,74359.403.07$14,545
Jul 20181837,05765.142.93$32,611
Jun 201818110,14560.183.08$42,108
May 201805665.382.90$162
Apr 20180463.842.90$12
Mar 20181161.222.79$64
Feb 20180061.782.77$0
Jan 201835116,74162.874.01$89,187
Dec 201769239,66657.272.92$155,516
Nov 201772744,15255.423.12$177,972
Oct 201774338,72849.292.98$152,174
Sep 201793554,38247.523.09$212,324
Aug 201774351,39745.373.00$188,127
Jul 201771551,76443.873.09$191,177
Jun 201792454,53642.493.09$207,629
May 201789460,59945.373.26$238,320
Apr 201795961,92747.933.21$244,850
Mar 201792363,29446.772.98$232,018
Feb 201792462,75350.452.95$231,900
Jan 20171,11569,11949.413.42$291,396
Dec 20161,30469,47048.763.72$322,208
Nov 201691361,61542.492.64$201,725
Oct 201694565,70146.193.09$246,683
Sep 20161,30068,29341.553.10$265,766
Aug 201685370,60341.442.92$241,816
Jul 201692567,66941.622.92$236,386
Jun 20161,30377,02445.352.69$265,964
May 201696672,34242.521.99$185,110
Apr 20161,11778,08436.561.99$196,306
Mar 20161,52185,04633.011.79$202,782
Feb 20161,15782,45926.472.06$200,791
Jan 20161,33893,03427.352.36$256,560
Dec 20151,34397,79332.362.00$239,183
Nov 20151,49895,80138.792.17$265,740
Oct 20151,497105,81443.552.43$321,960
Sep 20151,333107,87942.992.76$354,881
Aug 20151,827116,53540.162.87$408,118
Jul 20151,311100,52448.152.95$359,176
Jun 20151,35474,63956.152.88$291,201
May 20151,894127,38555.212.96$481,048
Apr 20151,938126,09149.822.71$437,825
Mar 20152,085132,04242.892.93$476,931
Feb 20151,971124,59644.662.98$458,846
Jan 20152,527137,12343.433.10$534,915
Dec 20142,575155,47154.693.59$699,179
Nov 20142,744161,90570.464.25$881,736
Oct 20143,263173,70178.303.90$933,094
Sep 20142,955167,03086.164.05$930,313
Aug 20143,699186,63889.394.04$1,083,760
Jul 20142,634144,39896.564.18$857,865
Jun 20143,465174,81598.164.74$1,168,202
May 20143,955197,44994.734.73$1,307,912
Apr 20143,825198,38995.944.81$1,321,047
Mar 20144,242205,60695.895.06$1,446,474
Feb 20143,897179,76097.406.19$1,492,642
Jan 20144,519198,71090.404.86$1,374,391
Dec 20133,732185,98891.824.35$1,152,553
Nov 20134,770199,38988.853.74$1,169,186
Oct 20134,210193,46597.423.78$1,141,312
Sep 20134,039186,429104.113.72$1,113,595
Aug 20132,946122,950104.253.52$740,225
Jul 20132,943111,915102.523.72$717,787
Jun 20133,112175,86594.403.93$985,522
May 20133,846155,02894.834.15$1,007,940
Apr 20133,214173,58793.964.28$1,045,389
Mar 20133,565185,09393.623.91$1,058,000
Feb 20132,998169,47191.233.42$853,083
Jan 20133,694168,73291.603.42$915,419
Dec 20123,300172,29586.773.42$875,617
Nov 20123,819176,42586.953.62$971,596
Oct 20123,577150,70289.383.40$832,051
Sep 20122,928144,39694.672.92$698,599
Aug 20124,328188,21992.662.91$948,403
Jul 20123,736181,28885.133.02$865,680
Jun 20124,255179,83179.822.52$792,636
May 20124,827209,63791.612.49$963,845
Apr 20124,892208,911101.652.00$914,425
Mar 20124,524226,930105.052.22$979,503
Feb 20123,887161,153101.102.57$807,178
Jan 20125,525246,90298.092.73$1,216,997
Dec 20113,896172,60796.873.24$936,607
Nov 20115,860231,47895.723.31$1,327,408
Oct 20115,943239,91784.983.65$1,380,383
Sep 20115,826212,53883.623.99$1,334,304
Aug 20115,533206,66183.404.15$1,318,955
Jul 20113,148107,09494.144.52$780,122
Jun 201101,74392.904.64$8,087

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             0 bbl  × $106.41 =         $0
Gas                   10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/262490 is the state's own key, not one this site invented.