BLACK STONE 'P'

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 280602District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Mar 2014 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
147
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 Gas112016-08-30218481
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
CondensateDisposition11,350 bbl$705,293
GasProduction763,123 Mcf$2,577,168
Total$3,282,461

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 30.4903, -94.5950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49031, -94.59504 · 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
Dec 2016
1 of 1 wells

1 well

42-19933454114,000 ftDec 2016

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 (147)

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

147 months

May 2026052106.413.05$158
Apr 202605398.932.87$152
Mar 202603089.753.15$94
Feb 202608863.503.75$330
Jan 2026094459.138.00$7,550
Dec 2025096556.664.41$4,259
Nov 2025091258.593.93$3,581
Oct 2025098159.383.30$3,242
Sep 2025095562.743.08$2,938
Aug 202501,11663.933.01$3,364
Jul 202501,12566.743.32$3,730
Jun 2025096066.483.13$3,004
May 2025096460.553.23$3,116
Apr 2025093562.363.54$3,313
Mar 2025091167.704.27$3,888
Feb 2025082370.884.34$3,573
Jan 2025092174.324.28$3,941
Dec 2024097368.993.12$3,037
Nov 2024090969.052.20$1,998
Oct 2024091171.372.28$2,078
Sep 2024088269.612.36$2,085
Aug 2024094475.632.06$1,948
Jul 2024097079.932.15$2,082
Jun 2024091478.082.63$2,407
May 2024091178.812.20$2,003
Apr 2024094484.451.66$1,566
Mar 2024094980.301.55$1,466
Feb 2024092976.091.78$1,657
Jan 2024094473.023.30$3,113
Dec 2023094471.262.61$2,465
Nov 2023089277.892.81$2,504
Oct 2023091885.443.09$2,834
Sep 202301,03589.042.74$2,831
Aug 202301,09580.522.67$2,927
Jul 202301,10174.852.64$2,909
Jun 2023096068.962.26$2,168
May 202301,08070.622.23$2,406
Apr 20231761,21078.122.24$16,457
Mar 202301,63372.852.39$3,908
Feb 2023085675.112.47$2,111
Jan 202302,40276.533.39$8,137
Dec 2022014,20476.415.73$81,376
Nov 202202,89985.005.65$16,368
Oct 202202,94087.185.86$17,239
Sep 202202,06884.888.16$16,882
Aug 202202,30994.529.13$21,075
Jul 202202,706101.587.54$20,409
Jun 202201,522115.097.98$12,141
May 202201,342109.378.43$11,317
Apr 20220882104.226.84$6,031
Mar 202201,948108.885.08$9,889
Feb 202201,93991.054.86$9,421
Jan 202202,45981.844.54$11,158
Dec 202103,83471.323.90$14,949
Nov 202103,23377.435.24$16,931
Oct 20211692,10279.795.71$25,495
Sep 202101,98469.865.35$10,616
Aug 202102,33266.024.22$9,842
Jul 202102,47170.783.98$9,840
Jun 202102,70069.493.38$9,128
May 202103,04363.483.02$9,183
Apr 202103,33260.362.76$9,191
Mar 202103,71061.302.72$10,080
Feb 20211762,78557.805.55$25,624
Jan 202103,51650.412.81$9,881
Dec 202003,63744.642.68$9,731
Nov 202002,82038.772.71$7,633
Oct 202003,16236.972.48$7,837
Sep 202003,35437.091.99$6,678
Aug 20201833,56639.982.39$15,822
Jul 202003,68438.371.83$6,724
Jun 202003,63134.901.69$6,138
May 202004,08816.921.81$7,419
Apr 202004,32914.751.80$7,811
Mar 20201774,64630.341.86$13,994
Feb 202003,80749.881.98$7,540
Jan 202003,64057.252.09$7,625
Dec 201904,51459.012.30$10,402
Nov 20191774,76555.302.75$22,895
Oct 201904,32753.472.42$10,465
Sep 201904,78855.052.66$12,723
Aug 20191787,72853.112.30$27,262
Jul 201908,31756.272.46$20,460
Jun 201908,00352.782.49$19,937
May 20191778,38958.482.74$33,340
Apr 201909,91862.632.75$27,281
Mar 201904,38956.803.06$13,440
Feb 20191797,13450.852.79$29,022
Jan 201906,56946.033.23$21,206
Dec 20181867,16446.594.19$38,650
Nov 201808,44852.934.24$35,796
Oct 20181869,41561.443.40$43,421
Sep 201809,28359.543.11$28,852
Aug 20181819,63459.403.07$40,295
Jul 20181829,77065.142.93$40,500
Jun 201809,74860.183.08$29,994
May 201818210,18765.382.90$41,450
Apr 2018010,15763.842.90$29,463
Mar 201818312,20461.222.79$45,214
Feb 201809,90761.782.77$27,404
Jan 201818811,27862.874.01$57,037
Dec 2017011,67657.272.92$34,112
Nov 201718711,75955.423.12$47,032
Oct 2017010,74049.292.98$32,045
Sep 201718112,70847.523.09$47,834
Aug 201718313,90145.373.00$50,067
Jul 201718314,44343.873.09$52,618
Jun 201718213,80642.493.09$50,356
May 201718015,75245.373.26$59,572
Apr 201718016,27647.933.21$60,899
Mar 201718518,62446.772.98$64,221
Feb 201717719,17150.452.95$65,534
Jan 201719027,76949.413.42$104,325
Dec 201618512,92548.763.72$57,138
Nov 201601,64042.492.64$4,337
Oct 201601,51346.193.09$4,676
Sep 201601,49941.553.10$4,648
Aug 20161841,72541.442.92$12,669
Jul 201602,10341.622.92$6,150
Jun 201602,10345.352.69$5,648
May 201602,73342.521.99$5,442
Apr 201602,39936.561.99$4,777
Mar 201602,90133.011.79$5,204
Feb 20162012,89526.472.06$11,295
Jan 201603,24327.352.36$7,668
Dec 20151994,48332.362.00$15,412
Nov 201505,06338.792.17$10,973
Oct 20151993,58943.552.43$17,375
Sep 20152023,98842.992.76$19,685
Aug 20152004,49540.162.87$20,944
Jul 20152014,67048.152.95$23,432
Jun 201504,03956.152.88$11,644
May 20152006,53655.212.96$30,359
Apr 20154047,36049.822.71$40,048
Mar 201507,99242.892.93$23,454
Feb 20154069,60544.662.98$46,718
Jan 201540413,05143.433.10$58,012
Dec 201439611,55554.693.59$63,155
Nov 20142013,56270.464.25$29,308
Oct 20141954,50878.303.90$32,854
Sep 20143776,31986.164.05$58,045
Aug 20141998,39589.394.04$51,663
Jul 20142008,51196.564.18$54,885
Jun 201452711,61898.164.74$106,763
May 201439115,38794.734.73$109,767
Apr 201497719,84795.944.81$189,180
Mar 201419423,54595.895.06$137,665

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                   52 Mcf  × $  3.05 =       $158

────────────────────────────────────────────────────
Month total                                     $158

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/280602 is the state's own key, not one this site invented.