EPSTEIN

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

Gas lease lease 280944District 03Field 459935002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Nov 2013 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
151
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2013-11-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2017-08-15.

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

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 Gas112017-11-08218300
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
CondensateDisposition38,646 bbl$2,341,469
GasProduction1,595,868 Mcf$5,687,360
Total$8,028,829

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 30.5093, -94.6610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50929, -94.66097 · 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
14,599 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 14,599 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-373312565H14,599 ftApr 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 (151)

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

151 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202621059.138.00$1,242
Dec 202510056.664.41$567
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20255062.743.08$314
Aug 20250063.933.01$0
Jul 202518066.743.32$1,201
Jun 20258066.483.13$532
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 202406768.993.12$209
Nov 20240769.052.20$15
Oct 202401571.372.28$34
Sep 202401969.612.36$45
Aug 202401675.632.06$33
Jul 202401979.932.15$41
Jun 202401778.082.63$45
May 202401978.812.20$42
Apr 202402084.451.66$33
Mar 202402280.301.55$34
Feb 202401876.091.78$32
Jan 20240773.023.30$23
Dec 202302771.262.61$70
Nov 202303777.892.81$104
Oct 202303985.443.09$120
Sep 2023483589.042.74$4,370
Aug 202304780.522.67$126
Jul 202304874.852.64$127
Jun 202305668.962.26$126
May 202309270.622.23$205
Apr 202308078.122.24$179
Mar 202305672.852.39$134
Feb 202305375.112.47$131
Jan 202308376.533.39$281
Dec 2022213,29276.415.73$76,304
Nov 202207785.005.65$435
Oct 2022023187.185.86$1,355
Sep 202203384.888.16$269
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 20210069.865.35$0
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 202103161.302.72$84
Feb 20210057.805.55$0
Jan 202106750.412.81$188
Dec 202001544.642.68$40
Nov 2020012238.772.71$330
Oct 20200036.972.48$0
Sep 2020138037.091.99$5,118
Aug 202003139.982.39$74
Jul 202001,65938.371.83$3,028
Jun 202001,62234.901.69$2,742
May 20201737,06916.921.81$15,756
Apr 20201804,15214.751.80$10,147
Mar 202017713,02330.341.86$29,544
Feb 20201785,63149.881.98$20,032
Jan 20201768,86757.252.09$28,650
Dec 201923610,70259.012.30$38,588
Nov 201917611,67155.302.75$41,836
Oct 201935712,45253.472.42$49,204
Sep 201917912,17555.052.66$42,206
Aug 201935011,78553.112.30$45,745
Jul 201935413,72556.272.46$53,684
Jun 201935814,25952.782.49$54,417
May 201934715,22458.482.74$62,011
Apr 201918014,29862.632.75$50,603
Mar 20193807,02756.803.06$43,101
Feb 201918512,66550.852.79$44,771
Jan 201936215,89646.033.23$67,978
Dec 201836617,07746.594.19$88,527
Nov 201856214,31052.934.24$90,382
Oct 201853315,91461.443.40$86,825
Sep 201836816,37059.543.11$72,789
Aug 201854617,67959.403.07$86,646
Jul 201873718,77965.142.93$103,066
Jun 201836818,66360.183.08$79,571
May 201891621,34265.382.90$121,797
Apr 201857323,68963.842.90$105,297
Mar 201853628,50061.222.79$112,239
Feb 201869620,49261.782.77$99,682
Jan 201885728,28462.874.01$167,279
Dec 201798338,45857.272.92$168,652
Nov 201793325,97255.423.12$132,697
Oct 201793528,70349.292.98$131,727
Sep 20171,46642,59547.523.09$201,167
Aug 20171,28050,70545.373.00$210,412
Jul 20171,84657,84643.873.09$259,571
Jun 201753429,97942.493.09$115,243
May 20171694,90445.373.26$23,671
Apr 20171877,89547.933.21$34,318
Mar 20171867,21846.772.98$30,235
Feb 201707,35850.452.95$21,725
Jan 201753210,25849.413.42$61,356
Dec 201619311,09848.763.72$50,727
Nov 201618911,27142.492.64$37,835
Oct 201618112,65346.193.09$47,461
Sep 201618513,19641.553.10$48,603
Aug 201636923,76141.442.92$84,777
Jul 201631620,20241.622.92$72,229
Jun 201655525,10245.352.69$92,589
May 201678736,05042.521.99$105,240
Apr 20161788,10536.561.99$22,645
Mar 201605,00333.011.79$8,975
Feb 20161824,95026.472.06$15,033
Jan 201606,53227.352.36$15,444
Dec 20151913,81732.362.00$13,820
Nov 201505,29238.792.17$11,470
Oct 20151924,12243.552.43$18,364
Sep 20151855,34642.992.76$22,700
Aug 201540510,61040.162.87$46,742
Jul 201520410,18448.152.95$39,815
Jun 20151888,10456.152.88$33,919
May 20151898,45255.212.96$35,414
Apr 20153901,48949.822.71$23,460
Mar 20153935,55042.892.93$33,143
Feb 201539620,45644.662.98$78,566
Jan 201577420,79743.433.10$98,099
Dec 201497325,22554.693.59$143,805
Nov 20141,18331,28570.464.25$216,373
Oct 20142,72743,79078.303.90$384,347
Sep 201419512,40486.164.05$66,981
Aug 201440220,53189.394.04$118,780
Jul 201428718,94296.564.18$106,883
Jun 201440823,78798.164.74$152,725
May 201444229,10694.734.73$179,442
Apr 201438837,48595.944.81$217,495
Mar 201459455,10795.895.06$335,624
Feb 20141,46777,59997.406.19$623,379
Jan 20141,27799,51390.404.86$599,146
Dec 201395475,99491.824.35$418,511
Nov 201301,26888.853.74$4,740

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.

Jan 2026 — as filed, then multipliedworked
Condensate            21 bbl  × $ 59.13 =     $1,242
Gas                    0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,242

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/280944 is the state's own key, not one this site invented.