BLACK STONE 'O' GAS UNIT

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 281578District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$59.0 M
May 2015 – May 2026
Value, last 12 filed months
$3.1 M
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 Gas112017-10-17220601
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
CondensateDisposition200,515 bbl$11,004,093
GasProduction15,337,911 Mcf$47,964,042
Total$58,968,135

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 30.5111, -94.6435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51105, -94.64349 · 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
14,500 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 14,500 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-37331291314,500 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 202635232,765106.413.05$137,253
Apr 202635635,83498.932.87$138,053
Mar 202637739,04289.753.15$156,796
Feb 202618534,59163.503.75$141,475
Jan 202655643,59159.138.00$381,514
Dec 202535243,09556.664.41$210,138
Nov 202535944,28758.593.93$194,924
Oct 202541250,06559.383.30$189,921
Sep 2025363103,33262.743.08$340,719
Aug 2025536148,17563.933.01$480,979
Jul 2025374157,18366.743.32$546,054
Jun 202554956,38966.483.13$212,923
May 202553741,15660.553.23$165,545
Apr 202535741,96662.363.54$170,953
Mar 202553545,75367.704.27$231,508
Feb 202553044,65470.884.34$231,402
Jan 202551543,96774.324.28$226,396
Dec 202448240,87368.993.12$160,833
Nov 202471240,56569.052.20$138,343
Oct 202436440,72771.372.28$118,893
Sep 202436937,63769.612.36$114,674
Aug 202452238,26375.632.06$118,440
Jul 202435736,90779.932.15$107,759
Jun 202453637,52878.082.63$140,699
May 202453342,16578.812.20$134,703
Apr 202454736,31584.451.66$106,448
Mar 202435040,40480.301.55$90,534
Feb 202454438,09576.091.78$109,341
Jan 202450741,24573.023.30$173,033
Dec 202355542,16771.262.61$149,636
Nov 202354541,86977.892.81$160,000
Oct 202353944,19185.443.09$182,482
Sep 202354242,10289.042.74$163,410
Aug 202354048,21380.522.67$172,348
Jul 202353946,52174.852.64$163,243
Jun 202372844,33968.962.26$150,342
May 202355150,33670.622.23$151,030
Apr 202372950,35578.122.24$169,632
Mar 202354951,76472.852.39$163,874
Feb 202355047,07675.112.47$157,385
Jan 202391754,16376.533.39$253,667
Dec 202254913,30876.415.73$118,192
Nov 20227301585.005.65$62,135
Oct 202272274,54287.185.86$500,040
Sep 202272474,36184.888.16$668,513
Aug 2022067,88294.529.13$619,570
Jul 202290071,082101.587.54$627,528
Jun 202272657,937115.097.98$545,730
May 202273165,536109.378.43$632,617
Apr 202292015104.226.84$95,985
Mar 202254566,260108.885.08$395,702
Feb 202288773,56791.054.86$438,212
Jan 202291778,78381.844.54$432,539
Dec 202199881,32571.323.90$388,273
Nov 202177580,63277.435.24$482,266
Oct 202173757,20779.795.71$385,679
Sep 202197277,27869.865.35$481,412
Aug 202195582,02566.024.22$409,243
Jul 202190283,75270.783.98$397,351
Jun 20211,08284,61069.493.38$361,222
May 202191089,15963.483.02$326,819
Apr 20211,10988,49860.362.76$311,054
Mar 20211,09094,94561.302.72$324,777
Feb 202192685,71957.805.55$529,088
Jan 20211,08399,36750.412.81$333,842
Dec 20201,188101,76544.642.68$325,301
Nov 20201,291100,18738.772.71$321,215
Oct 20201,270106,13436.972.48$309,998
Sep 2020919105,86237.091.99$244,861
Aug 20201,422108,19939.982.39$314,917
Jul 20201,078115,99238.371.83$253,062
Jun 20201,417116,23034.901.69$245,918
May 20201,236124,10516.921.81$246,133
Apr 20201,430126,23714.751.80$248,872
Mar 20201,427138,11630.341.86$299,670
Feb 20201,596137,08549.881.98$351,129
Jan 20201,610145,03657.252.09$395,985
Dec 20192,114164,53059.012.30$503,883
Nov 20191,602165,92455.302.75$544,998
Oct 20191,783177,82153.472.42$525,404
Sep 20191,954177,64555.052.66$579,620
Aug 20191,949188,43953.112.30$537,743
Jul 20192,176194,37756.272.46$600,623
Jun 20192,153192,98952.782.49$594,410
May 20192,216206,10858.482.74$694,394
Apr 20192,234206,29062.632.75$707,357
Mar 20191,734125,92356.803.06$484,080
Feb 20192,028199,33950.852.79$659,722
Jan 20193,158226,66646.033.23$877,081
Dec 20182,443234,70746.594.19$1,096,171
Nov 20182,652230,82252.934.24$1,118,419
Oct 20182,623241,51361.443.40$981,838
Sep 20182,969224,89359.543.11$875,742
Aug 20183,145230,60659.403.07$893,980
Jul 20182,780234,38165.142.93$868,266
Jun 20182,926230,92860.183.08$886,634
May 20183,500240,19765.382.90$925,593
Apr 20183,472247,86363.842.90$940,653
Mar 20182,699277,64761.222.79$938,991
Feb 20183,315229,50161.782.77$839,628
Jan 20183,674257,90362.874.01$1,265,000
Dec 20173,700260,55457.272.92$973,113
Nov 20173,616263,21255.423.12$1,021,188
Oct 20173,038182,58649.292.98$694,521
Sep 20173,861232,81547.523.09$902,240
Aug 20173,144245,20545.373.00$879,337
Jul 20173,823234,33543.873.09$891,173
Jun 20173,894218,59842.493.09$840,329
May 20173,874232,47145.373.26$934,409
Apr 20173,739236,48547.933.21$938,706
Mar 20174,275238,46446.772.98$911,442
Feb 20173,673215,76450.452.95$822,368
Jan 20173,491238,68949.413.42$988,520
Dec 20164,102246,59248.763.72$1,118,034
Nov 20163,686249,27742.492.64$815,794
Oct 20164,575262,13246.193.09$1,021,375
Sep 20164,426247,03441.553.10$949,861
Aug 20164,119236,17441.442.92$861,344
Jul 20163,616190,10141.622.92$706,418
Jun 20164,478238,42645.352.69$843,449
May 20164,475238,84542.521.99$665,827
Apr 20162,805188,97036.561.99$478,798
Mar 20161,17061,00533.011.79$148,065
Feb 201609,20026.472.06$18,985
Jan 20161549,62127.352.36$26,959
Dec 20151959,75332.362.00$25,830
Nov 2015010,64138.792.17$23,063
Oct 201519713,88243.552.43$42,265
Sep 201519917,22342.992.76$56,063
Aug 201538027,80740.162.87$95,136
Jul 201538533,43148.152.95$116,995
Jun 2015029,18956.152.88$84,148
May 20150055.212.96$0

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           352 bbl  × $106.41 =    $37,456
Gas               32,765 Mcf  × $  3.05 =    $99,797

────────────────────────────────────────────────────
Month total                                 $137,253

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/281578 is the state's own key, not one this site invented.