BLACK STONE 'O' GAS UNIT

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 280582District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.1 M
Nov 2014 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
139
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 Gas112016-10-07219395
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
CondensateDisposition109,668 bbl$5,403,670
GasProduction7,202,056 Mcf$21,719,693
Total$27,123,363

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 30.5161, -94.6451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51607, -94.64507 · 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
15,000 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 15,000 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-37331280215,000 ftNov 2014

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 (139)

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

139 months

May 2026021,658106.413.05$65,967
Apr 202623722,25898.932.87$87,321
Mar 202618022,76889.753.15$87,861
Feb 202618216,34563.503.75$72,856
Jan 202618418,34659.138.00$157,610
Dec 20251021,01556.664.41$93,313
Nov 202516421,77458.593.93$95,103
Oct 202518322,66059.383.30$85,754
Sep 202518950,24562.743.08$166,458
Aug 202517469,08763.933.01$219,405
Jul 202519373,91466.743.32$257,921
Jun 202519132,51966.483.13$114,441
May 202536523,67060.553.23$98,610
Apr 202517923,43062.363.54$94,178
Mar 202518418,77367.704.27$92,586
Feb 202517619,08670.884.34$95,324
Jan 202517927,75074.324.28$132,037
Dec 202418429,54068.993.12$104,899
Nov 202418217,71669.052.20$51,515
Oct 2024015,21971.372.28$34,721
Sep 202430018,77669.612.36$65,276
Aug 202417820,05675.632.06$54,850
Jul 202426222,37479.932.15$68,969
Jun 202417612,72978.082.63$47,270
May 2024015,14478.812.20$33,293
Apr 202412115,85584.451.66$36,525
Mar 202418820,78480.301.55$47,210
Feb 202431414,07076.091.78$48,988
Jan 2024015,03973.023.30$49,594
Dec 202315115,98371.262.61$52,487
Nov 202327515,59277.892.81$65,195
Oct 2023015,42585.443.09$47,621
Sep 202331015,21689.042.74$69,219
Aug 2023017,65980.522.67$47,200
Jul 202325516,94674.852.64$63,855
Jun 202317817,10268.962.26$50,899
May 2023017,13670.622.23$38,169
Apr 202316916,01978.122.24$49,049
Mar 202317516,91972.852.39$53,239
Feb 202317016,07275.112.47$52,397
Jan 202318120,16376.533.39$82,159
Dec 202218314,56076.415.73$97,398
Nov 202218513,77585.005.65$93,501
Oct 202218218,00787.185.86$121,455
Sep 202217721,82884.888.16$193,221
Aug 2022022,61094.529.13$206,365
Jul 202235824,664101.587.54$222,384
Jun 202218722,205115.097.98$198,656
May 202236622,798109.378.43$232,286
Apr 20225511,227104.226.84$65,815
Mar 202217516,795108.885.08$104,312
Feb 202218716,67191.054.86$98,028
Jan 202217818,63181.844.54$99,109
Dec 202118619,13071.323.90$87,856
Nov 202118416,53877.435.24$100,854
Oct 202118314,09479.795.71$95,133
Sep 202117018,92869.865.35$113,158
Aug 202132314,90966.024.22$84,249
Jul 202117816,76770.783.98$79,366
Jun 2021016,87069.493.38$57,031
May 202136421,17663.483.02$87,009
Apr 202118220,17260.362.76$66,628
Mar 202118520,43661.302.72$66,864
Feb 202117014,57157.805.55$90,665
Jan 202118319,01150.412.81$62,651
Dec 202029618,33844.642.68$62,276
Nov 202027919,63838.772.71$63,968
Oct 202018121,75936.972.48$60,620
Sep 202033322,48437.091.99$57,118
Aug 202017622,35639.982.39$60,358
Jul 202034024,22938.371.83$57,267
Jun 202036624,53034.901.69$54,237
May 202052928,08916.921.81$59,925
Apr 202036229,77214.751.80$59,060
Mar 202036932,52130.341.86$71,562
Feb 202055830,51149.881.98$88,265
Jan 202018820,17857.252.09$53,031
Dec 201922424,89459.012.30$70,583
Nov 201941521,55055.302.75$82,227
Oct 201928822,77553.472.42$70,482
Sep 201941123,69655.052.66$85,592
Aug 201918619,96453.112.30$55,883
Jul 201954430,77756.272.46$106,324
Jun 201936431,56252.782.49$97,839
May 201955435,33358.482.74$129,222
Apr 201937836,38862.632.75$123,767
Mar 201949820,93056.803.06$92,376
Feb 201937633,30750.852.79$112,120
Jan 201974338,25846.033.23$157,704
Dec 201856240,83946.594.19$197,113
Nov 201853141,50352.934.24$203,964
Oct 201854244,96861.443.40$186,105
Sep 201871943,74259.543.11$178,759
Aug 201861746,45259.403.07$179,098
Jul 201874949,48365.142.93$193,868
Jun 201856448,94460.183.08$184,538
May 201892755,19865.382.90$220,726
Apr 201857059,23863.842.90$208,226
Mar 201874970,17761.222.79$241,426
Feb 201886358,97861.782.77$216,456
Jan 201870962,13162.874.01$293,678
Dec 201786867,69457.272.92$247,480
Nov 201791576,53755.423.12$289,379
Oct 201775262,03849.292.98$222,168
Sep 20171,12781,59147.523.09$305,449
Aug 20171,14587,78645.373.00$315,693
Jul 201793087,70843.873.09$311,578
Jun 20171,10984,82142.493.09$308,988
May 20171,50090,13745.373.26$362,208
Apr 20171,13089,92247.933.21$342,954
Mar 20171,49792,85546.772.98$347,064
Feb 20171,30587,97850.452.95$325,601
Jan 20171,27994,06749.413.42$384,792
Dec 20161,523102,43848.763.72$455,621
Nov 20161,113103,49442.492.64$320,966
Oct 20161,903111,16246.193.09$431,419
Sep 20161,780114,39941.553.10$428,668
Aug 20161,892113,39441.442.92$410,007
Jul 20161,69191,54441.622.92$338,085
Jun 20162,109105,15245.352.69$378,064
May 20162,140107,73042.521.99$305,488
Apr 20162,042118,19736.561.99$309,990
Mar 20162,666129,08333.011.79$319,581
Feb 20162,336126,52626.472.06$322,937
Jan 20162,548138,21227.352.36$396,471
Dec 20152,687144,22632.362.00$375,607
Nov 20152,901146,18938.792.17$429,370
Oct 20152,978156,81943.552.43$510,226
Sep 20153,252157,49342.992.76$574,235
Aug 20153,430172,16740.162.87$632,297
Jul 20152,589151,75148.152.95$571,579
Jun 20151,969106,79556.152.88$418,434
May 20154,051187,90655.212.96$779,003
Apr 20153,706190,09549.822.71$699,138
Mar 20153,291192,22442.892.93$705,273
Feb 20154,011173,43544.662.98$695,307
Jan 20153,504168,71043.433.10$675,286
Dec 20143,769197,76654.693.59$916,376
Nov 20141,39487,31870.464.25$469,483

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               21,658 Mcf  × $  3.05 =    $65,967

────────────────────────────────────────────────────
Month total                                  $65,967

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/280582 is the state's own key, not one this site invented.