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 281607District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.3 M
Feb 2016 – May 2026
Value, last 12 filed months
$257 k
at the published price for each month
Months reported
124
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 Gas112017-12-21220708
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
CondensateDisposition144,711 bbl$7,063,612
GasProduction7,269,880 Mcf$21,213,216
Total$28,276,828

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 30.5119, -94.6536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51191, -94.65357 · 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
12,913 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 12,913 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-373313018H12,913 ftFeb 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 (124)

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

124 months

May 202602,028106.413.05$6,177
Apr 20261072,10898.932.87$16,635
Mar 20261762,11589.753.15$22,457
Feb 202602,07763.503.75$7,789
Jan 2026233,30059.138.00$27,753
Dec 20255094,39856.664.41$48,250
Nov 2025653,73958.593.93$18,489
Oct 2025354,21959.383.30$16,021
Sep 20253302,21662.743.08$27,523
Aug 20252533163.933.01$16,268
Jul 2025853166.743.32$5,776
Jun 20254244,92666.483.13$43,600
May 202502,36060.553.23$7,628
Apr 2025622,91962.363.54$14,209
Mar 20253503,64267.704.27$39,240
Feb 2025593,54270.884.34$19,557
Jan 2025603,80674.324.28$20,744
Dec 20242893,20768.993.12$29,948
Nov 20241223,92969.052.20$17,062
Oct 20242394,64871.372.28$27,661
Sep 2024594,00669.612.36$13,579
Aug 20242474,27375.632.06$27,499
Jul 20242474,11179.932.15$28,567
Jun 20242984,42978.082.63$34,934
May 202404,61478.812.20$10,144
Apr 20243804,37284.451.66$39,345
Mar 2024594,24180.301.55$11,291
Feb 20242394,53276.091.78$26,269
Jan 2024605,36473.023.30$22,070
Dec 20232304,42671.262.61$27,945
Nov 20232904,54877.892.81$35,357
Oct 20232405,13285.443.09$36,350
Sep 20232614,34489.042.74$35,120
Aug 2023605,70280.522.67$20,072
Jul 20232376,14774.852.64$33,979
Jun 20231654,83268.962.26$22,291
May 20232585,94470.622.23$31,460
Apr 20232436,68578.122.24$33,943
Mar 20232615,47572.852.39$32,116
Feb 20232405,15375.112.47$30,732
Jan 2023476,12876.533.39$24,357
Dec 20222492,23176.415.73$31,808
Nov 20223538,12785.005.65$75,892
Oct 20223647,96987.185.86$78,462
Sep 20222448,40984.888.16$89,359
Aug 202206,57494.529.13$60,002
Jul 20222339,237101.587.54$93,334
Jun 20222099,574115.097.98$100,428
May 202225910,161109.378.43$114,015
Apr 202225740104.226.84$27,058
Mar 202241810,685108.885.08$99,753
Feb 202221612,41191.054.86$79,970
Jan 202225913,52881.844.54$82,582
Dec 202142015,02571.323.90$88,539
Nov 202129914,96677.435.24$101,526
Oct 202133511,75579.795.71$93,896
Sep 202131415,56069.865.35$105,196
Aug 202133917,02466.024.22$94,232
Jul 202136516,89370.783.98$93,104
Jun 202157517,35969.493.38$98,641
May 202123318,90463.483.02$71,837
Apr 202132919,77760.362.76$74,412
Mar 202140322,89061.302.72$86,895
Feb 202139618,21657.805.55$123,950
Jan 202121415,68250.412.81$54,858
Dec 202038116,28344.642.68$60,572
Nov 202055616,39738.772.71$65,936
Oct 202035619,71336.972.48$62,019
Sep 202043819,26437.091.99$54,601
Aug 202034320,88039.982.39$63,514
Jul 202056124,14338.371.83$65,589
Jun 202037922,28234.901.69$50,891
May 202041020,42916.921.81$44,011
Apr 202038121,93314.751.80$45,195
Mar 202040621,51130.341.86$52,247
Feb 202041518,65949.881.98$57,658
Jan 202042123,31057.252.09$72,931
Dec 201948322,23159.012.30$79,730
Nov 201959127,19855.302.75$107,496
Oct 201952026,75553.472.42$92,512
Sep 201950925,01155.052.66$94,482
Aug 201954930,73853.112.30$99,989
Jul 201954328,89656.272.46$101,641
Jun 201955933,14752.782.49$112,080
May 201975035,73058.482.74$141,772
Apr 201941836,12562.632.75$125,548
Mar 201979921,68756.803.06$111,791
Feb 201946136,69750.852.79$125,908
Jan 20191,29440,24646.033.23$189,484
Dec 201875042,26246.594.19$211,828
Nov 201893653,17352.934.24$274,849
Oct 201881654,04561.443.40$233,784
Sep 201879647,91859.543.11$196,323
Aug 20181,15055,14459.403.07$237,412
Jul 20181,13667,45465.142.93$271,766
Jun 20181,27272,80260.183.08$300,555
May 20181,68762,58665.382.90$291,846
Apr 201898461,05263.842.90$239,918
Mar 20181,41991,38761.222.79$341,552
Feb 20181,61493,90961.782.77$359,476
Jan 20182,248121,56662.874.01$628,729
Dec 20172,505129,46357.272.92$521,690
Nov 20172,222133,19355.423.12$538,487
Oct 20171,843111,22349.292.98$422,695
Sep 20173,660161,56147.523.09$672,707
Aug 20172,754185,18845.373.00$681,328
Jul 20173,794204,70743.873.09$798,431
Jun 20173,888204,82242.493.09$797,544
May 20173,951207,58845.373.26$856,700
Apr 20173,107201,58647.933.21$796,332
Mar 20173,986224,61546.772.98$856,605
Feb 20173,888215,47650.452.95$832,364
Jan 20174,234212,59349.413.42$936,015
Dec 20164,526263,35948.763.72$1,201,129
Nov 20165,594272,85042.492.64$959,200
Oct 20164,711294,94046.193.09$1,129,042
Sep 20165,470298,59541.553.10$1,153,111
Aug 20166,104308,15441.442.92$1,154,097
Jul 20164,526259,11841.622.92$946,121
Jun 20167,053320,19545.352.69$1,179,843
May 20166,277293,82842.521.99$851,921
Apr 20167,760362,85936.561.99$1,006,172
Mar 20167,699339,82933.011.79$863,801
Feb 20163,236164,87926.472.06$425,906

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                2,028 Mcf  × $  3.05 =     $6,177

────────────────────────────────────────────────────
Month total                                   $6,177

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/281607 is the state's own key, not one this site invented.