EPSTEIN

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 281336District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.2 M
May 2015 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
133
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 Gas112017-05-25219831
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
CondensateDisposition99,945 bbl$4,332,248
GasProduction5,850,497 Mcf$15,910,966
Total$20,243,214

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 30.5121, -94.6657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51210, -94.66570 · 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
12,363 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 12,363 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-373312897H12,363 ftMay 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 (133)

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

133 months

May 2026080106.413.05$244
Apr 2026013698.932.87$390
Mar 202607089.753.15$220
Feb 2026012763.503.75$476
Jan 2026098359.138.00$7,862
Dec 202501,03256.664.41$4,555
Nov 2025096158.593.93$3,773
Oct 202501,06459.383.30$3,516
Sep 202501,20062.743.08$3,692
Aug 2025092763.933.01$2,795
Jul 2025092766.743.32$3,073
Jun 2025089766.483.13$2,806
May 2025097460.553.23$3,148
Apr 2025096062.363.54$3,401
Mar 2025092767.704.27$3,957
Feb 2025088470.884.34$3,837
Jan 2025093174.324.28$3,983
Dec 202401,18668.993.12$3,702
Nov 202401,17169.052.20$2,574
Oct 2024098171.372.28$2,238
Sep 202401,00769.612.36$2,381
Aug 202401,81275.632.06$3,739
Jul 202401,04079.932.15$2,232
Jun 2024453,36778.082.63$12,382
May 2024097978.812.20$2,152
Apr 202401,43584.451.66$2,381
Mar 2024092780.301.55$1,432
Feb 20244099176.091.78$4,811
Jan 202405,03273.023.30$16,594
Dec 20231836,63571.262.61$30,363
Nov 2023741,14177.892.81$8,967
Oct 202305,02585.443.09$15,514
Sep 20231368,56389.042.74$35,530
Aug 202307,52780.522.67$20,119
Jul 2023955,87874.852.64$22,639
Jun 20231675,20568.962.26$23,272
May 202303,62870.622.23$8,081
Apr 202304,20678.122.24$9,412
Mar 202302,27472.852.39$5,442
Feb 20231795,11775.112.47$26,062
Jan 202301,56076.533.39$5,285
Dec 202207,57376.415.73$43,386
Nov 20221826,86685.005.65$54,237
Oct 202206,55087.185.86$38,408
Sep 202204,50484.888.16$36,769
Aug 202207,76794.529.13$70,891
Jul 20221747,519101.587.54$74,384
Jun 202205,125115.097.98$40,883
May 20221795,399109.378.43$65,107
Apr 20220897104.226.84$6,133
Mar 20222127,010108.885.08$58,668
Feb 202208,01491.054.86$38,939
Jan 202203,24681.844.54$14,729
Dec 20211212,58571.323.90$18,709
Nov 2021095777.435.24$5,012
Oct 202104,95679.795.71$28,318
Sep 202117813,00269.865.35$82,008
Aug 202101,80966.024.22$7,635
Jul 202118212,24170.783.98$61,627
Jun 202102,25569.493.38$7,623
May 20211013,32363.483.02$16,439
Apr 2021639,20760.362.76$29,199
Mar 202113911,64261.302.72$40,151
Feb 2021941,30757.805.55$12,684
Jan 202105,07550.412.81$14,262
Dec 202018611,98544.642.68$40,368
Nov 202001,23438.772.71$3,340
Oct 20201298,20736.972.48$25,110
Sep 202036215,21537.091.99$43,720
Aug 202007,50739.982.39$17,905
Jul 202001,89138.371.83$3,451
Jun 202001,50934.901.69$2,551
May 202017111,07916.921.81$22,999
Apr 202017918,68314.751.80$36,351
Mar 202036414,93830.341.86$38,772
Feb 202001,46149.881.98$2,894
Jan 202008,50557.252.09$17,816
Dec 2019014,50959.012.30$33,434
Nov 201932012,56455.302.75$52,256
Oct 201909,03553.472.42$21,852
Sep 20191013,77355.052.66$15,586
Aug 201901,99753.112.30$4,602
Jul 2019641,36256.272.46$6,952
Jun 20191742,41352.782.49$15,195
May 2019014,38658.482.74$39,422
Apr 201937127,91762.632.75$100,027
Mar 201924317,62356.803.06$67,766
Feb 201937132,33450.852.79$109,149
Jan 201918218,16146.033.23$67,004
Dec 201805,42746.594.19$22,714
Nov 201856129,47652.934.24$154,591
Oct 201806,74461.443.40$22,917
Sep 201818216,71859.543.11$62,796
Aug 201835714,93559.403.07$67,005
Jul 201818919,90065.142.93$70,656
Jun 201836228,18460.183.08$108,505
May 201873134,57165.382.90$148,076
Apr 201837530,96663.842.90$113,766
Mar 201836742,60261.222.79$141,193
Feb 201866338,78261.782.77$148,236
Jan 201853229,17362.874.01$150,411
Dec 201770648,46757.272.92$182,030
Nov 201753952,28155.423.12$192,902
Oct 201774039,19149.292.98$153,408
Sep 201792364,10947.523.09$241,783
Aug 201773071,18245.373.00$246,979
Jul 20171,11475,51543.873.09$282,007
Jun 201773660,68742.493.09$218,630
May 201793151,62345.373.26$210,706
Apr 201791169,20047.933.21$265,907
Mar 20171,16377,30046.772.98$285,032
Feb 20171,10982,38950.452.95$299,211
Jan 20171,48990,13749.413.42$381,732
Dec 20161,30299,00048.763.72$432,046
Nov 20161,309110,41742.492.64$347,601
Oct 20161,641128,19146.193.09$471,941
Sep 20161,958137,33041.553.10$507,164
Aug 20162,171156,03941.442.92$546,277
Jul 20162,300149,48641.622.92$532,874
Jun 20162,994177,97745.352.69$613,794
May 20163,003181,85442.521.99$489,766
Apr 20163,409203,67436.561.99$530,156
Mar 20164,861233,38533.011.79$579,157
Feb 20164,217242,50426.472.06$612,063
Jan 20164,850248,49627.352.36$720,182
Dec 20155,612273,16532.362.00$728,319
Nov 20156,347286,68438.792.17$867,539
Oct 20156,882312,80443.552.43$1,058,755
Sep 20156,500315,98742.992.76$1,151,060
Aug 20156,931342,75340.162.87$1,262,904
Jul 20156,750351,97048.152.95$1,361,592
Jun 20155,737265,43756.152.88$1,087,350
May 2015066,90155.212.96$197,723

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                   80 Mcf  × $  3.05 =       $244

────────────────────────────────────────────────────
Month total                                     $244

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/281336 is the state's own key, not one this site invented.