BLACK STONE 'V'

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 281292District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$900 k
Aug 2015 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
130
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 Gas112017-05-25219830
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
CondensateDisposition2,718 bbl$122,593
GasProduction263,077 Mcf$777,857
Total$900,449

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 30.5029, -94.6473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50289, -94.64730 · 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
15,691 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 15,691 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-37331294115,691 ftAug 2015

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 (130)

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

130 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 202517066.743.32$1,135
Jun 20250066.483.13$0
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 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022013,29276.415.73$76,151
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 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 202202481.844.54$109
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202105869.865.35$310
Aug 20210066.024.22$0
Jul 202101970.783.98$76
Jun 202107369.493.38$247
May 2021010563.483.02$317
Apr 2021039060.362.76$1,076
Mar 202101,87961.302.72$5,105
Feb 2021081657.805.55$4,527
Jan 2021092150.412.81$2,588
Dec 20206835844.642.68$3,993
Nov 202002438.772.71$65
Oct 2020011436.972.48$283
Sep 202005837.091.99$115
Aug 2020014939.982.39$355
Jul 2020013738.371.83$250
Jun 2020011834.901.69$199
May 202007216.921.81$131
Apr 2020010214.751.80$184
Mar 2020015830.341.86$293
Feb 202005049.881.98$99
Jan 2020054957.252.09$1,150
Dec 201907459.012.30$171
Nov 201906955.302.75$190
Oct 201909853.472.42$237
Sep 2019011055.052.66$292
Aug 2019028553.112.30$657
Jul 20198317256.272.46$5,094
Jun 2019018952.782.49$471
May 2019028858.482.74$789
Apr 2019038662.632.75$1,062
Mar 2019021456.803.06$655
Feb 2019039550.852.79$1,103
Jan 2019080646.033.23$2,602
Dec 2018037846.594.19$1,582
Nov 2018044752.934.24$1,894
Oct 2018073661.443.40$2,501
Sep 201802,33259.543.11$7,248
Aug 20181102,95659.403.07$15,599
Jul 201802,49665.142.93$7,318
Jun 201801,05060.183.08$3,231
May 2018026965.382.90$780
Apr 2018036663.842.90$1,062
Mar 2018013161.222.79$365
Feb 201804,40661.782.77$12,188
Jan 201807,54262.874.01$30,238
Dec 20171351,68257.272.92$12,645
Nov 2017029855.423.12$929
Oct 2017043849.292.98$1,307
Sep 2017050847.523.09$1,568
Aug 2017054445.373.00$1,634
Jul 2017031043.873.09$957
Jun 201719368142.493.09$10,303
May 201704,64745.373.26$15,165
Apr 201737715,56447.933.21$68,055
Mar 201753321,76646.772.98$89,871
Feb 20171355,42450.452.95$22,826
Jan 201704,16749.413.42$14,246
Dec 201604,68548.763.72$17,441
Nov 201604,64342.492.64$12,278
Oct 201605,19346.193.09$16,048
Sep 201605,31341.553.10$16,474
Aug 2016726,62941.442.92$22,369
Jul 201608,16541.622.92$23,877
Jun 20161288,25845.352.69$27,984
May 201603,58642.521.99$7,140
Apr 2016984,60536.561.99$12,752
Mar 201605,52433.011.79$9,910
Feb 201606,10326.472.06$12,594
Jan 20161817,27427.352.36$22,149
Dec 2015010,41132.362.00$20,837
Nov 20151988,32338.792.17$25,719
Oct 2015012,50243.552.43$30,337
Sep 201518920,81442.992.76$65,539
Aug 201518639,35940.162.87$120,528

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.

Dec 2025 — as filed, then multipliedworked
Condensate            10 bbl  × $ 56.66 =       $567
Gas                    0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                     $567

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/281292 is the state's own key, not one this site invented.