CARTHAGE GAS UNIT 17

Operated by VALENCE OPERATING COMPANY (P-5 881167) 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 139935District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
333
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
High Cost Gas111992-01-24124554
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
CondensateDisposition568 bbl$52,785
GasProduction482,042 Mcf$1,117,035
Total$1,169,821

242,495 Mcf of this lease's gas, across 47 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 32.0893, -94.4362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08928, -94.43618 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,658 ft
1 wells filed one
Completion to plug
4.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,658 ft.

Completions filed
Oct 2015
1 of 1 wells
Plug dates filed
Sep 2020
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365324433-L9,658 ftOct 2015Sep 2020Yes

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 (333)

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

333 months

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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201501543.552.43$36
Sep 20150042.992.76$0
Aug 201505040.162.87$144
Jul 20150048.152.95$0
Jun 201503556.152.88$101
May 201504455.212.96$130
Apr 201506049.822.71$162
Mar 201505042.892.93$147
Feb 201503644.662.98$107
Jan 201503443.433.10$105
Dec 201402654.693.59$93
Nov 201412870.464.25$190
Oct 2014161078.303.90$2,458
Sep 2014016786.164.05$676
Aug 2014014889.394.04$597
Jul 2014013196.564.18$548
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140290.404.86$10
Dec 2013236091.824.35$21,670
Nov 201304088.853.74$150
Oct 2013026697.423.78$1,005
Sep 201364120104.113.72$7,109
Aug 20131189104.253.52$770
Jul 2013090102.523.72$335
Jun 201308394.403.93$326
May 2013118294.834.15$850
Apr 2013117493.964.28$839
Mar 2013126793.623.91$1,138
Feb 2013856691.233.42$7,980
Jan 20138714891.603.42$8,475
Dec 201208486.773.42$287
Nov 20121026886.953.62$1,841
Oct 2012032189.383.40$1,091
Sep 20122131094.672.92$2,893
Aug 20121981492.662.91$4,128
Jul 20122351985.133.02$3,526
Jun 2012085679.822.52$2,156
May 2012111,02991.612.49$3,568
Apr 201260101.652.00$610
Mar 2012020105.052.22$44
Feb 20120258101.102.57$663
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201101,05495.723.31$3,490
Oct 2011027984.983.65$1,018
Sep 2011031783.623.99$1,264
Aug 201101,00883.404.15$4,183
Jul 201101,46194.144.52$6,600
Jun 2011012992.904.64$599
May 2011019598.134.40$859
Apr 20110101105.964.33$438
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011011486.504.59$523
Dec 2010063185.734.35$2,743
Nov 2010029180.843.80$1,104
Oct 2010048378.103.51$1,695
Sep 2010048072.633.98$1,910
Aug 2010077873.684.42$3,438
Jul 2010044172.554.74$2,089
Jun 2010047070.364.91$2,308
May 2010040071.124.24$1,694
Apr 2010098681.694.12$4,065
Mar 2010069778.394.39$3,059
Feb 201001,75273.585.44$9,535
Jan 201007774.365.96$459
Dec 200902471.445.48$132
Nov 200909574.593.75$356
Oct 2009027972.544.11$1,147
Sep 2009053265.543.06$1,630
Aug 2009055867.423.22$1,796
Jul 2009056361.133.46$1,951
Jun 2009051566.163.90$2,006
May 2009081154.743.93$3,184
Apr 2009029046.773.59$1,040
Mar 2009084142.144.06$3,414
Feb 2009019832.814.63$917
Jan 2009061435.865.37$3,298
Dec 2008067237.105.98$4,017
Nov 2008060655.496.86$4,157
Oct 200801,02275.246.92$7,074
Sep 200801,025101.767.88$8,074
Aug 20080600114.228.48$5,090
Jul 20080643131.0811.39$7,323
Jun 20080732131.3313.03$9,540
May 20080890123.1711.57$10,301
Apr 20080728110.3110.45$7,611
Mar 200801,068101.909.66$10,321
Feb 2008060392.538.77$5,289
Jan 2008062490.388.21$5,120
Dec 200701,07988.337.30$7,879
Nov 2007071291.677.29$5,192
Oct 2007084882.856.92$5,870
Sep 2007069375.846.24$4,327
Aug 2007096569.066.39$6,164
Jul 2007073770.906.39$4,708
Jun 2007067362.007.55$5,080
May 2007073758.747.85$5,783
Apr 2007071059.617.81$5,542
Mar 2007087756.927.30$6,404
Feb 2007068455.108.22$5,620
Jan 2007089750.306.73$6,034
Dec 2006093156.656.92$6,441
Nov 2006080854.207.62$6,155
Oct 2006055154.906.01$3,314
Sep 2006056560.085.04$2,846
Aug 2006065868.717.34$4,830
Jul 2006059569.376.34$3,774
Jun 2006062766.286.38$4,003
May 2006057966.016.42$3,720
Apr 2006093064.397.36$6,845
Mar 2006083856.707.08$5,935
Feb 2006095157.597.75$7,371
Jan 200601,26760.598.93$11,319
Dec 200502,20654.9413.42$29,594
Nov 2005084554.6910.59$8,947
Oct 200501,04158.3413.80$14,361
Sep 200501,22961.4512.08$14,845
Aug 200501,03361.519.80$10,120
Jul 20050055.697.84$0
Jun 200501,10852.337.38$8,178
May 200501,63845.226.65$10,895
Apr 200501,83549.207.36$13,506
Mar 200501,89650.377.15$13,566
Feb 200501,90245.226.31$12,005
Jan 200501,92043.166.32$12,139
Dec 200401,98339.866.75$13,387
Nov 200401,99345.286.33$12,617
Oct 200401,98049.706.52$12,900
Sep 200401,98743.245.28$10,499
Aug 200402,28342.375.55$12,672
Jul 200402,12038.286.08$12,898
Jun 200402,29336.106.43$14,751
May 200402,45937.486.49$15,970
Apr 200402,57734.475.86$15,097
Mar 200403,48934.365.53$19,295
Feb 200403,38732.455.51$18,661
Jan 200404,04132.036.30$25,457
Dec 200304,80630.266.30$30,286
Nov 200305,49028.804.60$25,227
Oct 200306,32628.174.76$30,109
Sep 200301,37826.314.75$6,545
Aug 2003067029.765.13$3,437
Jul 200301,07129.415.17$5,538
Jun 200301,04328.565.98$6,240
May 2003045626.595.97$2,724
Apr 2003052626.675.41$2,844
Mar 2003083631.146.10$5,096
Feb 2003076133.487.93$6,032
Jan 200301,24230.315.58$6,933
Dec 200201,22426.914.85$5,941
Nov 200201,16924.664.14$4,836
Oct 200201,07426.464.23$4,542
Sep 200202,17527.443.64$7,907
Aug 200203,11525.963.16$9,856
Jul 2002084924.583.06$2,599
Jun 2002043423.733.34$1,449
May 2002057724.663.58$2,068
Apr 200201,06823.653.51$3,751
Mar 2002065922.003.10$2,045
Feb 2002095218.222.38$2,262
Jan 200201,39317.172.38$3,309
Dec 2001089316.932.36$2,111
Nov 200101,13718.072.41$2,735
Oct 200101,07619.782.53$2,721
Sep 2001097424.262.25$2,193
Aug 200101,67124.873.05$5,102
Jul 200101,10523.933.20$3,533
Jun 200101,05224.563.82$4,023
May 2001024125.524.31$1,038
Apr 2001024124.685.34$1,286
Mar 2001081124.545.38$4,360
Feb 200101,23527.755.77$7,122
Jan 200101,56927.478.40$13,178
Dec 2000089326.889.12$8,146
Nov 200001,23032.215.66$6,959
Oct 200001,71631.235.15$8,830
Sep 200001,29231.875.19$6,701
Aug 200001,29129.644.54$5,862
Jul 200001,53928.534.09$6,294
Jun 200001,28629.304.40$5,655
May 200001,30527.263.68$4,802
Apr 200001,86624.513.12$5,814
Mar 200001,98728.422.86$5,682
Feb 200002,09027.622.73$5,698
Jan 200002,18225.272.48$5,412
Dec 199901,59324.282.42$3,861
Nov 199901,99423.192.43$4,853
Oct 199901,66520.982.80$4,668
Sep 199902,18721.752.62$5,727
Aug 199902,16619.262.88$6,229
Jul 199901,68117.892.37$3,988
Jun 199902,13715.942.36$5,048
May 199901,76515.792.32$4,097
Apr 199902,17615.102.21$4,805
Mar 199902,51912.471.84$4,631
Feb 199902,2729.981.82$4,130
Jan 199902,69210.381.90$5,115
Dec 199802,5559.201.77$4,531
Nov 199802,73110.892.19$5,969
Oct 199802,71712.421.97$5,350
Sep 199802,66312.592.08$5,546
Aug 199801,75711.301.91$3,351
Jul 199802,74511.742.24$6,141
Jun 199802,66011.242.24$5,951
May 199802,10312.622.21$4,640
Apr 199801,00413.042.51$2,515
Mar 199801,43312.802.31$3,309
Feb 199801,42113.952.30$3,267
Jan 199801,13714.702.15$2,450
Dec 199701,33216.322.41$3,212
Nov 199701,78618.193.09$5,516
Oct 199702,00519.253.15$6,315
Sep 199701,78617.742.95$5,277
Aug 199701,67917.862.55$4,289
Jul 199702,07917.582.25$4,671
Jun 199701,57017.242.26$3,544
May 199701,66718.972.31$3,848
Apr 199701,26417.882.08$2,633
Mar 199701,37918.951.94$2,674
Feb 199701,26420.492.21$2,788
Jan 199701,61323.483.54$5,710
Dec 199601,50523.32$0
Nov 199601,56621.97$0
Oct 199602,19323.31$0
Sep 199602,10722.22$0
Aug 199601,70620.26$0
Jul 199601,53819.55$0
Jun 199601,49618.73$0
May 199602,08319.43$0
Apr 199602,02721.51$0
Mar 199602,61219.38$0
Feb 199603,46416.98$0
Jan 199605,06017.07$0
Dec 199505,09717.19$0
Nov 199505,08816.00$0
Oct 199504,54715.43$0
Sep 199504,60116.18$0
Aug 199503,77615.92$0
Jul 199505,14215.24$0
Jun 199505,07616.41$0
May 19950017.56$0
Apr 199504,57617.73$0
Mar 199503,84416.44$0
Feb 199502,82616.58$0
Jan 199505,28715.92$0
Dec 199405,33215.03$0
Nov 199405,38815.90$0
Oct 199405,48615.58$0
Sep 199404,95315.29$0
Aug 199405,23716.13$0
Jul 199406,72317.56$0
Jun 199406,56817.09$0
May 199407,03815.88$0
Apr 199402,20814.14$0
Mar 199408,75012.46$0
Feb 199406,53212.50$0
Jan 199407,27112.66$0
Dec 199308,64812.33$0
Nov 199307,11014.49$0
Oct 1993010,88215.85$0
Sep 199305,83615.03$0
Aug 199307,23715.66$0
Jul 199306,82715.46$0
Jun 199306,45316.79$0
May 199308,06617.68$0
Apr 199308,47018.05$0
Mar 199307,00018.14$0
Feb 199308,25017.90$0
Jan 199309,01316.93$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.

Oct 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.55 =         $0
Gas                   15 Mcf  × $  2.43 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/139935 is the state's own key, not one this site invented.