PHILLIPS E GAS UNIT

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

Gas lease lease 123458District 06Field 35134500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$67.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$846 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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1977-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
1,000 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1995-11-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET #06-0250378. UPDATED EFFECTIVE 5-1-07.

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
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
CondensateDisposition111,898 bbl$4,230,129
GasProduction18,100,040 Mcf$62,840,394
Total$67,070,523

3,963,605 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 32.6086, -94.9099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60861, -94.90985 · 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
11,908 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 11,908 ft.

1 well

42-45930648211,908 ft

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 202610916,663106.413.05$62,352
Apr 202616718,92498.932.87$70,828
Mar 2026018,72389.753.15$58,967
Feb 202616716,01963.503.75$70,681
Jan 2026017,64559.138.00$141,123
Dec 202517118,78556.664.41$92,594
Nov 202514817,65258.593.93$77,981
Oct 2025015,98759.383.30$52,834
Sep 202508,22062.743.08$25,292
Aug 202516917,19863.933.01$62,652
Jul 202516918,16366.743.32$71,493
Jun 202510216,65766.483.13$58,896
May 2025018,70760.553.23$60,467
Apr 202523818,60762.363.54$80,769
Mar 202514418,08767.704.27$86,950
Feb 2025015,01070.884.34$65,156
Jan 202514417,74674.324.28$86,632
Dec 2024016,07768.993.12$50,182
Nov 202413215,55169.052.20$43,303
Oct 202413918,13371.372.28$51,289
Sep 2024014,84569.612.36$35,099
Aug 2024015,21875.632.06$31,404
Jul 20241429,82379.932.15$32,436
Jun 2024016,65478.082.63$43,866
May 2024017,10578.812.20$37,604
Apr 202417416,37584.451.66$41,864
Mar 2024018,69080.301.55$28,878
Feb 202415617,81576.091.78$43,646
Jan 2024017,26673.023.30$56,937
Dec 202318219,14371.262.61$62,946
Nov 20239919,50577.892.81$62,473
Oct 2023018,93285.443.09$58,448
Sep 202316713,91489.042.74$52,925
Aug 2023012,37680.522.67$33,080
Jul 202316610,16274.852.64$39,271
Jun 2023010,14868.962.26$22,919
May 2023017,83270.622.23$39,719
Apr 202313717,82178.122.24$50,582
Mar 202315017,91772.852.39$53,806
Feb 202317618,09175.112.47$57,826
Jan 202317520,29476.533.39$82,143
Dec 2022016,12876.415.73$92,399
Nov 202217117,71585.005.65$114,557
Oct 2022019,59287.185.86$114,883
Sep 2022020,15284.888.16$164,514
Aug 20220094.529.13$0
Jul 2022016,136101.587.54$121,699
Jun 2022014,858115.097.98$118,525
May 202212519,458109.378.43$177,761
Apr 2022018,637104.226.84$127,432
Mar 202216219,752108.885.08$117,908
Feb 2022016,10991.054.86$78,271
Jan 202213619,14881.844.54$98,018
Dec 202132719,86071.323.90$100,758
Nov 2021018,50677.435.24$96,913
Oct 2021019,69379.795.71$112,523
Sep 2021019,34869.865.35$103,530
Aug 202116920,28466.024.22$96,768
Jul 202117321,32770.783.98$97,171
Jun 2021015,66669.493.38$52,961
May 2021019,75363.483.02$59,608
Apr 2021019,88460.362.76$54,848
Mar 202134119,99961.302.72$75,239
Feb 2021015,66357.805.55$86,898
Jan 2021018,96850.412.81$53,305
Dec 202018018,21544.642.68$56,769
Nov 202015022,21238.772.71$65,934
Oct 2020012,47036.972.48$30,906
Sep 2020020,68237.091.99$41,179
Aug 202032516,25639.982.39$51,766
Jul 2020020,11338.371.83$36,709
Jun 202017519,32334.901.69$38,769
May 2020022,02816.921.81$39,975
Apr 2020020,97414.751.80$37,845
Mar 202017022,16930.341.86$46,309
Feb 202017119,30349.881.98$46,762
Jan 2020021,81657.252.09$45,699
Dec 201916622,36159.012.30$61,323
Nov 2019021,56855.302.75$59,327
Oct 201916724,31653.472.42$67,739
Sep 201916615,50055.052.66$50,326
Aug 20197922,89953.112.30$56,963
Jul 2019023,61556.272.46$58,094
Jun 201917521,83352.782.49$63,627
May 201917622,05158.482.74$70,719
Apr 2019022,80162.632.75$62,719
Mar 201917720,46956.803.06$72,732
Feb 2019022,58350.852.79$63,057
Jan 201932826,89046.033.23$101,904
Dec 201816526,66146.594.19$119,275
Nov 201815223,05052.934.24$105,714
Oct 2018026,60661.443.40$90,409
Sep 2018012,39559.543.11$38,524
Aug 201817524,01759.403.07$84,045
Jul 2018023,80365.142.93$69,788
Jun 201816923,45560.183.08$82,340
May 2018024,28065.382.90$70,431
Apr 201817721,76963.842.90$74,447
Mar 201817922,37061.222.79$73,300
Feb 2018018,81461.782.77$52,042
Jan 201818122,62662.874.01$102,094
Dec 2017022,29457.272.92$65,132
Nov 201718023,47855.423.12$83,188
Oct 2017024,89949.292.98$74,291
Sep 201718017,33547.523.09$62,072
Aug 2017024,26545.373.00$72,902
Jul 2017021,76543.873.09$67,195
Jun 201717723,91142.493.09$81,341
May 2017024,00645.373.26$78,341
Apr 201717924,06547.933.21$85,867
Mar 2017025,21646.772.98$75,236
Feb 201735723,12250.452.95$86,281
Jan 2017026,16149.413.42$89,439
Dec 201617926,97548.763.72$109,151
Nov 2016018,10742.492.64$47,881
Oct 201618017,06446.193.09$61,046
Sep 201633424,69641.553.10$90,451
Aug 2016125,84641.442.92$75,624
Jul 2016425,99041.622.92$76,170
Jun 2016025,36745.352.69$68,131
May 201615526,86342.521.99$60,076
Apr 201618125,25236.561.99$56,895
Mar 20161127,01733.011.79$48,832
Feb 2016927,08426.472.06$56,130
Jan 2016328,75227.352.36$68,062
Dec 201530229,11232.362.00$68,038
Nov 2015019,51838.792.17$42,302
Oct 201518027,41143.552.43$74,354
Sep 201517726,58442.992.76$80,939
Aug 201517527,35540.162.87$85,605
Jul 2015027,18548.152.95$80,062
Jun 2015026,00156.152.88$74,957
May 201516928,12655.212.96$92,455
Apr 201516826,37449.822.71$79,753
Mar 201517325,79142.892.93$83,109
Feb 201516725,73344.662.98$84,045
Jan 201517029,26543.433.10$98,123
Dec 201417729,33654.693.59$115,036
Nov 2014029,06270.464.25$123,567
Oct 201416729,53778.303.90$128,299
Sep 2014020,14486.164.05$81,491
Aug 201415728,63489.394.04$129,576
Jul 201417529,06996.564.18$138,395
Jun 201417727,24698.164.74$146,435
May 2014027,42594.734.73$129,626
Apr 201434427,40695.944.81$164,802
Mar 201418027,51795.895.06$156,408
Feb 2014026,28497.406.19$162,751
Jan 201418328,40990.404.86$154,631
Dec 201318531,74291.824.35$155,207
Nov 201317831,13888.853.74$132,218
Oct 201317829,30497.423.78$128,091
Sep 201315930,476104.113.72$129,855
Aug 2013032,875104.253.52$115,806
Jul 201317732,793102.523.72$140,062
Jun 201317731,84794.403.93$141,976
May 201317936,99494.834.15$170,466
Apr 201316730,23393.964.28$145,167
Mar 201318635,18393.623.91$155,080
Feb 201336031,41291.233.42$140,269
Jan 201317331,19191.603.42$122,517
Dec 201217931,67486.773.42$123,862
Nov 201218032,27286.953.62$132,636
Oct 201218033,10989.383.40$128,648
Sep 201217833,30094.672.92$114,034
Aug 201217633,65792.662.91$114,188
Jul 201217534,12685.133.02$117,986
Jun 201217733,48979.822.52$98,488
May 201218135,32891.612.49$104,489
Apr 201216630,697101.652.00$78,170
Mar 201217934,639105.052.22$95,775
Feb 201217932,705101.102.57$102,157
Jan 201235834,15698.092.73$128,501
Dec 201118333,53996.873.24$126,385
Nov 201117234,13895.723.31$129,504
Oct 201117935,40584.983.65$144,388
Sep 201116034,74983.623.99$151,882
Aug 201117335,11283.404.15$160,119
Jul 201136536,72694.144.52$200,261
Jun 201117735,28092.904.64$180,138
May 201116235,83598.134.40$173,744
Apr 201118136,331105.964.33$176,611
Mar 201118037,98696.364.06$171,467
Feb 2011433,72385.644.18$141,304
Jan 2011336,70886.504.59$168,704
Dec 2010039,55185.734.35$171,958
Nov 201017934,88080.843.80$146,851
Oct 201017938,08778.103.51$147,623
Sep 201017538,40772.633.98$165,550
Aug 201035139,35773.684.42$199,794
Jul 201017637,14672.554.74$188,710
Jun 201016538,06870.364.91$198,539
May 201016839,12671.124.24$177,655
Apr 201035637,48581.694.12$183,621
Mar 2010040,31678.394.39$176,934
Feb 201018235,37873.585.44$205,931
Jan 201017841,47474.365.96$260,591
Dec 200933342,85471.445.48$258,790
Nov 200918041,06474.593.75$167,478
Oct 200935242,93672.544.11$202,012
Sep 200917442,75465.543.06$142,434
Aug 200917744,59567.423.22$155,462
Jul 200932942,23261.133.46$166,425
Jun 200917142,48766.163.90$176,800
May 200933244,00254.743.93$190,915
Apr 200917941,70146.773.59$157,974
Mar 200916244,83542.144.06$188,812
Feb 200935740,49832.814.63$199,340
Jan 200917944,69135.865.37$246,454
Dec 200836143,09237.105.98$270,960
Nov 200817844,83555.496.86$317,461
Oct 200817845,78375.246.92$330,302
Sep 200834844,460101.767.88$385,628
Aug 200816447,448114.228.48$421,234
Jul 200817046,603131.0811.39$553,065
Jun 200819546,882131.3313.03$636,605
May 200835147,728123.1711.57$595,650
Apr 200817548,140110.3110.45$522,601
Mar 200835548,502101.909.66$504,901
Feb 200817247,43292.538.77$431,921
Jan 200831551,29290.388.21$449,358
Dec 200733951,53188.337.30$406,222
Nov 200716750,66491.677.29$384,736
Oct 200734752,79882.856.92$394,216
Sep 200717446,13575.846.24$301,270
Aug 200733051,63469.066.39$352,625
Jul 200717551,56370.906.39$341,789
Jun 200733449,52162.007.55$394,515
May 200717251,38058.747.85$413,245
Apr 200715350,35659.617.81$402,159
Mar 200716453,12756.927.30$397,267
Feb 200717949,84055.108.22$419,348
Jan 200733147,72550.306.73$337,688
Dec 200635755,97056.656.92$407,449
Nov 200635354,52554.207.62$434,476
Oct 200617854,37454.906.01$336,767
Sep 200632149,00760.085.04$266,144
Aug 200631757,55768.717.34$444,245
Jul 200635149,03669.376.34$335,372
Jun 200617934,27366.286.38$230,659
May 200635356,24366.016.42$384,663
Apr 200617558,86664.397.36$444,550
Mar 200653757,12556.707.08$435,060
Feb 2006353,30057.597.75$413,307
Jan 200649258,14660.598.93$549,247
Dec 200535861,14554.9413.42$839,953
Nov 200517857,71654.6910.59$620,855
Oct 200535461,94458.3413.80$875,217
Sep 200517962,85361.4512.08$770,201
Aug 200531757,19061.519.80$579,780
Jul 200535163,31355.697.84$516,152
Jun 200535558,08152.337.38$447,275
May 200535563,99445.226.65$441,687
Apr 200535562,11949.207.36$474,692
Mar 200535554,99350.377.15$411,350
Feb 200535848,67345.226.31$323,409
Jan 200536259,38243.166.32$391,049
Dec 200453660,54539.866.75$430,109
Nov 200434658,05145.286.33$383,154
Oct 200435655,59249.706.52$379,881
Sep 200435155,24443.245.28$307,081
Aug 200452455,10742.375.55$328,082
Jul 200435357,19438.286.08$361,491
Jun 200435558,84936.106.43$391,392
May 200453558,96537.486.49$403,005
Apr 200453954,85834.475.86$339,963
Mar 200418050,36234.365.53$284,694
Feb 200452950,13332.455.51$293,380
Jan 200436256,45632.036.30$367,247
Dec 200318052,78430.266.30$338,073
Nov 200354057,11128.804.60$277,986
Oct 200336161,67528.174.76$303,720
Sep 200335857,40426.314.75$282,051
Aug 200335665,54729.765.13$346,832
Jul 200335759,90529.415.17$320,259
Jun 200352262,29028.565.98$387,587
May 200335461,99926.595.97$379,713
Apr 200335361,53226.675.41$342,135
Mar 200353866,91031.146.10$424,639
Feb 200338365,75233.487.93$533,965
Jan 200336050,45330.315.58$292,542
Dec 200236467,05826.914.85$335,279
Nov 200254069,36124.664.14$300,260
Oct 200267272,16526.464.23$322,976
Sep 200235465,22727.443.64$246,827
Aug 200235269,61025.963.16$229,395
Jul 200235381,74624.583.06$258,963
Jun 200250878,39523.733.34$273,756
May 200235584,52624.663.58$311,695
Apr 200235486,61323.653.51$312,585
Mar 200236081,29022.003.10$260,140
Feb 200253575,53218.222.38$189,188
Jan 200254484,11217.172.38$209,164
Dec 200150580,76616.932.36$199,513
Nov 200135885,72218.072.41$212,675
Oct 200135687,87819.782.53$229,275
Sep 200134778,08624.262.25$184,215
Aug 200135289,18124.873.05$281,038
Jul 200152792,00023.933.20$306,742
Jun 200151491,36324.563.82$362,011
May 2001890104,16225.524.31$471,372
Apr 200135490,72624.685.34$492,789
Mar 200152034,97024.545.38$200,775
Feb 200133753,32127.755.77$316,858
Jan 200135758,36227.478.40$499,975
Dec 200051056,31926.889.12$527,479
Nov 200033858,19732.215.66$340,166
Oct 200064558,89331.235.15$323,177
Sep 200032957,71031.875.19$309,798
Aug 200046262,50229.644.54$297,500
Jul 200033661,55528.534.09$261,331
Jun 200035558,61429.304.40$268,142
May 200049362,68927.263.68$244,119
Apr 2000310024.513.12$7,598
Mar 200050154,86228.422.86$171,130
Feb 200048659,99627.622.73$177,002
Jan 200049966,96625.272.48$178,719
Dec 199943760,06424.282.42$156,189
Nov 199944972,58823.192.43$187,091
Oct 199959759,55620.982.80$179,503
Sep 199928068,94921.752.62$186,657
Aug 199943956,33519.262.88$170,452
Jul 199943457,65517.892.37$144,543
Jun 199960069,84515.942.36$174,545
May 199943856,88215.792.32$138,940
Apr 199955861,79515.102.21$144,872
Mar 199944471,06012.471.84$136,168
Feb 199960159,8299.981.82$114,755
Jan 199945062,18210.381.90$122,814
Dec 199859660,6999.201.77$113,122
Nov 199845772,18910.892.19$162,762
Oct 199863963,08412.421.97$132,162
Sep 199844565,65912.592.08$142,345
Aug 199858880,37711.301.91$159,951
Jul 199868378,93711.742.24$184,622
Jun 199847379,77511.242.24$183,795
May 199843463,91912.622.21$146,504
Apr 199849865,87313.042.51$171,528
Mar 199864668,66812.802.31$166,853
Feb 199833962,82113.952.30$149,163
Jan 199861367,67114.702.15$154,828
Dec 199747378,91916.322.41$198,001
Nov 199748765,32918.193.09$210,611
Oct 199748773,67619.253.15$241,441
Sep 199763779,39017.742.95$245,888
Aug 199732967,16017.862.55$177,452
Jul 199748567,54217.582.25$160,289
Jun 199750067,34117.242.26$160,622
May 199751465,33018.972.31$160,565
Apr 199750065,36617.882.08$145,083
Mar 199751969,06718.951.94$143,766
Feb 199750564,26420.492.21$152,107
Jan 199754963,89123.483.54$239,045
Dec 199655267,38823.32$12,873
Nov 199652868,38221.97$11,600
Oct 199638967,38223.31$9,068
Sep 199654772,52422.22$12,154
Aug 199670174,65120.26$14,202
Jul 199635072,97819.55$6,843
Jun 199669872,95618.73$13,074
May 199652771,32319.43$10,240
Apr 199618076,87921.51$3,872
Mar 199670074,54719.38$13,566
Feb 199648671,03916.98$8,252
Jan 199671871,73317.07$12,256
Dec 199574175,06917.19$12,738
Nov 199535476,55816.00$5,664
Oct 199570679,50315.43$10,894
Sep 199570070,44916.18$11,326
Aug 199569383,33315.92$11,033
Jul 199535683,91015.24$5,425
Jun 199570179,04616.41$11,503
May 199570879,32817.56$12,432
Apr 199534282,85717.73$6,064
Mar 199568780,48816.44$11,294
Feb 199519375,65416.58$3,200
Jan 199571884,03015.92$11,431
Dec 199473288,65415.03$11,002
Nov 199470083,44615.90$11,130
Oct 199471584,22715.58$11,140
Sep 199469685,49215.29$10,642
Aug 199467492,04216.13$10,872
Jul 1994181,23717.56$18
Jun 1994701105,55717.09$11,980
May 199486198,53915.88$13,673
Apr 199471283,37714.14$10,068
Mar 199436487,87512.46$4,535
Feb 199470379,16812.50$8,788
Jan 199470493,54212.66$8,913
Dec 199371886,80512.33$8,853
Nov 199373395,75714.49$10,621
Oct 199333188,14615.85$5,246
Sep 199371184,10615.03$10,686
Aug 199370481,28315.66$11,025
Jul 199369287,07015.46$10,698
Jun 19931,05577,32316.79$17,713
May 1993361100,63817.68$6,382
Apr 1993711108,65318.05$12,834
Mar 199369077,19518.14$12,517
Feb 199370596,16917.90$12,620
Jan 1993705105,29716.93$11,936

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           109 bbl  × $106.41 =    $11,599
Gas               16,663 Mcf  × $  3.05 =    $50,753

────────────────────────────────────────────────────
Month total                                  $62,352

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/123458 is the state's own key, not one this site invented.