BLACK STONE 'Q'

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 280605District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Oct 2014 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
140
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 Gas112016-10-07219390
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
CondensateDisposition7,177 bbl$362,543
GasProduction250,096 Mcf$790,146
Total$1,152,690

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 30.5353, -94.6212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.53532, -94.62122 · 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
13,250 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 13,250 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-37331279113,250 ftOct 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 (140)

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

140 months

May 2026075106.413.05$228
Apr 20260098.932.87$0
Mar 202604389.753.15$135
Feb 202604563.503.75$169
Jan 2026345259.138.00$2,426
Dec 20251175256.664.41$6,859
Nov 202509958.593.93$389
Oct 2025107159.383.30$828
Sep 2025015762.743.08$483
Aug 2025159763.933.01$1,864
Jul 2025026166.743.32$865
Jun 2025517066.483.13$864
May 20250060.553.23$0
Apr 2025117762.363.54$689
Mar 202502167.704.27$90
Feb 2025022870.884.34$990
Jan 2025010174.324.28$432
Dec 202416668.993.12$275
Nov 2024212269.052.20$406
Oct 202407471.372.28$169
Sep 2024012669.612.36$298
Aug 2024333275.632.06$912
Jul 202418431279.932.15$15,377
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202405580.301.55$85
Feb 202415876.091.78$180
Jan 202405773.023.30$188
Dec 202302871.262.61$73
Nov 202306077.892.81$168
Oct 202318685.443.09$351
Sep 20230089.042.74$0
Aug 202319380.522.67$329
Jul 20231168774.852.64$8,912
Jun 2023219668.962.26$581
May 2023111170.622.23$318
Apr 2023518778.122.24$809
Mar 2023024672.852.39$589
Feb 20230075.112.47$0
Jan 2023011076.533.39$373
Dec 202217913,29276.415.73$89,828
Nov 2022018185.005.65$1,022
Oct 2022032587.185.86$1,906
Sep 202201,01184.888.16$8,253
Aug 20220094.529.13$0
Jul 20220242101.587.54$1,825
Jun 20220161115.097.98$1,284
May 20220289109.378.43$2,437
Apr 202200104.226.84$0
Mar 20220416108.885.08$2,112
Feb 2022040991.054.86$1,987
Jan 2022047181.844.54$2,137
Dec 202115956871.323.90$13,555
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021020669.865.35$1,102
Aug 2021025466.024.22$1,072
Jul 20210070.783.98$0
Jun 202106069.493.38$203
May 2021019563.483.02$588
Apr 2021042260.362.76$1,164
Mar 2021057061.302.72$1,549
Feb 2021069157.805.55$3,834
Jan 2021066550.412.81$1,869
Dec 20201411,01044.642.68$8,996
Nov 2020033538.772.71$907
Oct 2020037636.972.48$932
Sep 2020075737.091.99$1,507
Aug 2020092039.982.39$2,194
Jul 2020089238.371.83$1,628
Jun 2020053434.901.69$903
May 202017095916.921.81$4,617
Apr 2020089314.751.80$1,611
Mar 202001,05330.341.86$1,955
Feb 202001,03549.881.98$2,050
Jan 202001,03357.252.09$2,164
Dec 20191811,09559.012.30$13,204
Nov 201901,07955.302.75$2,968
Oct 201901,34553.472.42$3,253
Sep 201901,13855.052.66$3,024
Aug 201901,24353.112.30$2,864
Jul 201901,26856.272.46$3,119
Jun 201901,32952.782.49$3,311
May 201901,90658.482.74$5,223
Apr 2019084362.632.75$2,319
Mar 2019034256.803.06$1,047
Feb 20191781,18150.852.79$12,349
Jan 201901,82146.033.23$5,879
Dec 201801,28846.594.19$5,391
Nov 201801,29452.934.24$5,483
Oct 201801,69761.443.40$5,767
Sep 20181782,33059.543.11$17,840
Aug 201801,87259.403.07$5,741
Jul 201801,44265.142.93$4,228
Jun 201802,18560.183.08$6,723
May 20181842,32665.382.90$18,777
Apr 201802,18763.842.90$6,344
Mar 201802,06261.222.79$5,746
Feb 201801,14361.782.77$3,162
Jan 201801,30562.874.01$5,232
Dec 20171341,62757.272.92$12,427
Nov 201701,44155.423.12$4,494
Oct 201701,64649.292.98$4,911
Sep 20171582,24147.523.09$14,427
Aug 201702,70445.373.00$8,124
Jul 201702,96843.873.09$9,163
Jun 201702,77842.493.09$8,576
May 20171852,93945.373.26$17,985
Apr 201701,82247.933.21$5,852
Mar 201702,50946.772.98$7,486
Feb 201702,17850.452.95$6,431
Jan 20171842,28549.413.42$16,903
Dec 201602,21848.763.72$8,257
Nov 201602,08842.492.64$5,521
Oct 201601,83146.193.09$5,658
Sep 201602,12241.553.10$6,580
Aug 20161912,46441.442.92$15,121
Jul 201602,30441.622.92$6,738
Jun 20161852,52545.352.69$15,171
May 201602,44742.521.99$4,872
Apr 201602,62236.561.99$5,221
Mar 20161182,94433.011.79$9,177
Feb 201603,13926.472.06$6,478
Jan 20161813,09227.352.36$12,261
Dec 201503,55332.362.00$7,111
Nov 20151953,44038.792.17$15,020
Oct 20151994,31343.552.43$19,132
Sep 201504,58942.992.76$12,658
Aug 20151966,47240.162.87$26,462
Jul 201507,20448.152.95$21,216
Jun 20151976,43056.152.88$29,598
May 20152008,56555.212.96$36,355
Apr 20151944,99949.822.71$23,195
Mar 20152007,70042.892.93$31,175
Feb 20154039,85844.662.98$47,337
Jan 201580418,78143.433.10$93,151
Dec 20141,39836,48454.693.59$207,484
Nov 201402070.464.25$85
Oct 2014025378.303.90$987

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                   75 Mcf  × $  3.05 =       $228

────────────────────────────────────────────────────
Month total                                     $228

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/280605 is the state's own key, not one this site invented.