CARTHAGE GAS UNIT

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

Gas lease lease 122937District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$792 k
Jan 1993 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
401
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
NGPA2none

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
CondensateDisposition9,641 bbl$273,978
GasProduction452,924 Mcf$517,980
Total$791,958

276,068 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2102, -94.2676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21020, -94.26763 · 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
9,750 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 9,750 ft.

Completions filed
Jul 1995
1 of 1 wells

1 well

42-36531825519,750 ftJul 1995

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 (401)

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

401 months

May 202628423106.413.05$4,268
Apr 20262233298.932.87$3,129
Mar 20266343089.753.15$7,009
Feb 202618642863.503.75$13,416
Jan 20265347959.138.00$6,965
Dec 20255347456.664.41$5,095
Nov 20255649858.593.93$5,236
Oct 20257554059.383.30$6,238
Sep 20258054562.743.08$6,696
Aug 20254854363.933.01$4,706
Jul 2025939266.743.32$1,900
Jun 20251152866.483.13$2,383
May 20251064760.553.23$2,697
Apr 2025850762.363.54$2,295
Mar 20251277767.704.27$4,129
Feb 2025639670.884.34$2,144
Jan 20251156974.324.28$3,252
Dec 20241345268.993.12$2,308
Nov 20241156369.052.20$1,997
Oct 2024863871.372.28$2,026
Sep 2024333669.612.36$1,003
Aug 2024331175.632.06$869
Jul 2024341779.932.15$1,135
Jun 2024219678.082.63$672
May 2024447578.812.20$1,360
Apr 2024330984.451.66$766
Mar 2024344280.301.55$924
Feb 2024244776.091.78$949
Jan 2024246473.023.30$1,676
Dec 2023246571.262.61$1,357
Nov 2023240077.892.81$1,279
Oct 2023346085.443.09$1,676
Sep 2023347789.042.74$1,572
Aug 2023350480.522.67$1,589
Jul 2023547074.852.64$1,616
Jun 2023350068.962.26$1,336
May 2023353370.622.23$1,399
Apr 2023247178.122.24$1,210
Mar 2023334572.852.39$1,044
Feb 2023348975.112.47$1,431
Jan 2023348976.533.39$1,886
Dec 2022447176.415.73$3,004
Nov 2022345785.005.65$2,835
Oct 2022342587.185.86$2,754
Sep 2022456084.888.16$4,911
Aug 2022617994.529.13$2,201
Jul 202210200101.587.54$2,524
Jun 20223395115.097.98$3,496
May 20226438109.378.43$4,350
Apr 20222410104.226.84$3,012
Mar 20224435108.885.08$2,644
Feb 2022437391.054.86$2,177
Jan 2022451581.844.54$2,664
Dec 2021441471.323.90$1,900
Nov 2021453077.435.24$3,085
Oct 2021337179.795.71$2,359
Sep 2021349669.865.35$2,864
Aug 2021649666.024.22$2,490
Jul 2021652670.783.98$2,519
Jun 2021332769.493.38$1,314
May 2021639963.483.02$1,585
Apr 2021543860.362.76$1,510
Mar 2021317861.302.72$668
Feb 2021614057.805.55$1,124
Jan 2021742650.412.81$1,550
Dec 2020437844.642.68$1,190
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20169042.521.99$383
Apr 20166024736.561.99$2,685
Mar 20167314533.011.79$2,670
Feb 20167341926.472.06$2,797
Jan 20167725227.352.36$2,702
Dec 20157930632.362.00$3,169
Nov 20157551438.792.17$4,023
Oct 20157550443.552.43$4,489
Sep 20157542842.992.76$4,405
Aug 20154722040.162.87$2,519
Jul 20157741748.152.95$4,936
Jun 201516040456.152.88$10,149
May 201516740455.212.96$10,414
Apr 201514337849.822.71$8,147
Mar 201512040842.892.93$6,344
Feb 20159831544.662.98$5,314
Jan 201513438443.433.10$7,010
Dec 201412645054.693.59$8,507
Nov 201411643170.464.25$10,006
Oct 20141638578.303.90$2,755
Sep 2014434786.164.05$1,748
Aug 2014249089.394.04$2,156
Jul 2014041096.564.18$1,714
Jun 2014049798.164.74$2,354
May 2014045994.734.73$2,169
Apr 2014053695.944.81$2,578
Mar 2014053695.895.06$2,710
Feb 2014041297.406.19$2,551
Jan 2014028290.404.86$1,371
Dec 2013029191.824.35$1,267
Nov 2013031388.853.74$1,170
Oct 2013032197.423.78$1,213
Sep 20130449104.113.72$1,669
Aug 20130635104.253.52$2,237
Jul 2013098102.523.72$364
Jun 2013039994.403.93$1,569
May 20131058694.834.15$3,380
Apr 20131059693.964.28$3,492
Mar 2013221,30693.623.91$7,170
Feb 2013201,30291.233.42$6,277
Jan 2013191,19391.603.42$5,820
Dec 2012231,40986.773.42$6,815
Nov 2012201,10086.953.62$5,726
Oct 2012425989.383.40$1,238
Sep 2012201,28894.672.92$5,652
Aug 2012201,34392.662.91$5,759
Jul 2012111,15385.133.02$4,419
Jun 201291,00979.822.52$3,260
May 2012897291.612.49$3,152
Apr 20125524101.652.00$1,555
Mar 201208105.052.22$18
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000014731.875.19$762
Aug 200005,50029.644.54$24,974
Jul 2000061028.534.09$2,495
Jun 200002,18529.304.40$9,608
May 200001,31327.263.68$4,832
Apr 200071,65424.513.12$5,325
Mar 20001331,77628.422.86$8,859
Feb 20006984127.622.73$4,199
Jan 2000881,08325.272.48$4,910
Dec 1999841,16224.282.42$4,856
Nov 19994063723.192.43$2,478
Oct 1999991,52820.982.80$6,361
Sep 1999701,24621.752.62$4,786
Aug 1999801,48719.262.88$5,817
Jul 1999571,01017.892.37$3,416
Jun 1999671,08415.942.36$3,629
May 1999971,14315.792.32$4,185
Apr 19995577315.102.21$2,537
Mar 19991001,33812.471.84$3,707
Feb 19991261,5159.981.82$4,011
Jan 19991922,36110.381.90$6,479
Dec 19982933,3979.201.77$8,720
Nov 19983813,67410.892.19$12,179
Oct 19982522,18812.421.97$7,438
Sep 19984084,24612.592.08$13,980
Aug 19981601,77511.301.91$5,194
Jul 19983723,87811.742.24$13,043
Jun 19981932,68711.242.24$8,181
May 19981783,07112.622.21$9,022
Apr 19981672,61613.042.51$8,732
Mar 19981722,38312.802.31$7,705
Feb 19981351,92313.952.30$6,304
Jan 19982023,03714.702.15$9,514
Dec 19972664,35016.322.41$14,829
Nov 19971225,27618.193.09$18,513
Oct 19971576,91919.253.15$24,816
Sep 19971114,84017.742.95$16,271
Aug 1997893,90817.862.55$11,573
Jul 1997974,68917.582.25$12,241
Jun 1997994,37317.242.26$11,578
May 1997893,99518.972.31$10,911
Apr 1997914,00217.882.08$9,962
Mar 1997843,20718.951.94$7,811
Feb 1997893,41820.492.21$9,363
Jan 19971695,93923.483.54$24,990
Dec 199637014,43723.32$8,628
Nov 19961049521.97$220
Oct 1996564323.31$117
Sep 1996573222.22$111
Aug 199691,43420.26$182
Jul 1996775819.55$137
Jun 1996271,32518.73$506
May 1996551,59319.43$1,069
Apr 1996701,68721.51$1,506
Mar 1996821,84419.38$1,589
Feb 1996881,87916.98$1,494
Jan 19961252,26317.07$2,134
Dec 19951051,94817.19$1,805
Nov 199501,73116.00$0
Oct 199505,32115.43$0
Sep 199505,30416.18$0
Aug 199509,62915.92$0
Jul 1995014215.24$0
Jun 199505,65116.41$0
May 199506,86017.56$0
Apr 199506,82617.73$0
Mar 199507,39816.44$0
Feb 199505,56116.58$0
Jan 199507,29915.92$0
Dec 199408,37615.03$0
Nov 199407,42715.90$0
Oct 199406,63515.58$0
Sep 199408,05615.29$0
Aug 199406,01216.13$0
Jul 199408,08317.56$0
Jun 199407,02217.09$0
May 199407,91515.88$0
Apr 199405,56314.14$0
Mar 199406,94812.46$0
Feb 199406,55812.50$0
Jan 199408,37912.66$0
Dec 199307,71912.33$0
Nov 199307,75314.49$0
Oct 199308,49315.85$0
Sep 199308,97115.03$0
Aug 199308,43815.66$0
Jul 199308,48015.46$0
Jun 199307,27016.79$0
May 199308,77517.68$0
Apr 199307,49118.05$0
Mar 199308,04218.14$0
Feb 199306,97617.90$0
Jan 199307,92616.93$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            28 bbl  × $106.41 =     $2,979
Gas                  423 Mcf  × $  3.05 =     $1,288

────────────────────────────────────────────────────
Month total                                   $4,268

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. 06/G/122937 is the state's own key, not one this site invented.