BLEAKLEY, P.J.

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 151800District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 1994 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
387
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 Gas111994-12-09130408
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
CondensateDisposition14,373 bbl$412,441
GasProduction1,021,147 Mcf$3,020,483
Total$3,432,924

316,287 Mcf of this lease's gas, across 34 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 32.0669, -94.2698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06685, -94.26975 · 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
9,598 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 9,598 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-3653290219,598 ftMar 1994

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 (387)

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

387 months

May 20260719106.413.05$2,190
Apr 20268460698.932.87$10,049
Mar 2026053589.753.15$1,685
Feb 202601,54463.503.75$5,790
Jan 2026057459.138.00$4,591
Dec 2025047656.664.41$2,101
Nov 2025042858.593.93$1,681
Oct 2025042559.383.30$1,405
Sep 2025068962.743.08$2,120
Aug 2025062463.933.01$1,881
Jul 2025680266.743.32$3,059
Jun 2025067066.483.13$2,096
May 2025095960.553.23$3,100
Apr 2025028062.363.54$992
Mar 2025017767.704.27$755
Feb 2025047470.884.34$2,058
Jan 2025060274.324.28$2,576
Dec 2024082268.993.12$2,566
Nov 2024082669.052.20$1,816
Oct 2024040871.372.28$931
Sep 2024094769.612.36$2,239
Aug 202401,01975.632.06$2,103
Jul 2024060379.932.15$1,294
Jun 2024038878.082.63$1,022
May 2024046078.812.20$1,011
Apr 2024042284.451.66$700
Mar 2024993880.301.55$2,172
Feb 2024084276.091.78$1,502
Jan 2024068773.023.30$2,265
Dec 2023068871.262.61$1,796
Nov 2023066777.892.81$1,873
Oct 2023557585.443.09$2,202
Sep 2023048889.042.74$1,335
Aug 2023037880.522.67$1,010
Jul 2023040274.852.64$1,062
Jun 202305468.962.26$122
May 202304970.622.23$109
Apr 202306178.122.24$137
Mar 202308472.852.39$201
Feb 202307375.112.47$180
Jan 202305476.533.39$183
Dec 2022050776.415.73$2,905
Nov 2022031885.005.65$1,795
Oct 2022033787.185.86$1,976
Sep 2022035184.888.16$2,865
Aug 2022031094.529.13$2,829
Jul 20220309101.587.54$2,331
Jun 20220298115.097.98$2,377
May 20220352109.378.43$2,968
Apr 20220410104.226.84$2,803
Mar 20227920108.885.08$5,432
Feb 2022080391.054.86$3,902
Jan 202201,10381.844.54$5,005
Dec 2021096771.323.90$3,770
Nov 2021077477.435.24$4,053
Oct 2021092979.795.71$5,308
Sep 2021093669.865.35$5,008
Aug 2021074566.024.22$3,144
Jul 2021090370.783.98$3,596
Jun 202101,08769.493.38$3,675
May 202101,26263.483.02$3,808
Apr 202101,14960.362.76$3,169
Mar 202101,35161.302.72$3,671
Feb 202101,34657.805.55$7,468
Jan 2021076550.412.81$2,150
Dec 2020076044.642.68$2,033
Nov 202001,00738.772.71$2,726
Oct 202001,00336.972.48$2,486
Sep 2020091337.091.99$1,818
Aug 2020088239.982.39$2,104
Jul 2020098438.371.83$1,796
Jun 202001,05834.901.69$1,788
May 202001,16316.921.81$2,111
Apr 2020151,11014.751.80$2,224
Mar 202001,35730.341.86$2,519
Feb 202001,28049.881.98$2,535
Jan 202001,35757.252.09$2,843
Dec 201901,29259.012.30$2,977
Nov 2019141,23755.302.75$4,177
Oct 201901,38753.472.42$3,355
Sep 201901,32655.052.66$3,524
Aug 201901,42553.112.30$3,284
Jul 201901,47956.272.46$3,638
Jun 201901,55052.782.49$3,861
May 201901,62158.482.74$4,442
Apr 201901,58362.632.75$4,354
Mar 201901,64456.803.06$5,034
Feb 201901,36350.852.79$3,806
Jan 201901,57246.033.23$5,075
Dec 201801,43246.594.19$5,994
Nov 2018351,45952.934.24$8,035
Oct 201801,70661.443.40$5,797
Sep 201801,64659.543.11$5,116
Aug 201801,49359.403.07$4,578
Jul 201801,67165.142.93$4,899
Jun 201801,62460.183.08$4,997
May 201801,75065.382.90$5,076
Apr 201801,64163.842.90$4,760
Mar 201801,87161.222.79$5,214
Feb 2018131,83761.782.77$5,885
Jan 201801,99162.874.01$7,983
Dec 201701,98257.272.92$5,790
Nov 201701,74855.423.12$5,451
Oct 2017281,77749.292.98$6,682
Sep 201701,70947.523.09$5,276
Aug 201701,80445.373.00$5,420
Jul 201701,78443.873.09$5,508
Jun 201701,75442.493.09$5,415
May 201701,91245.373.26$6,240
Apr 201701,80847.933.21$5,807
Mar 201701,81446.772.98$5,412
Feb 201701,55250.452.95$4,582
Jan 201701,74949.413.42$5,979
Dec 201601,76748.763.72$6,578
Nov 201631,63442.492.64$4,448
Oct 201601,86746.193.09$5,770
Sep 201601,76741.553.10$5,479
Aug 201621,88041.442.92$5,581
Jul 201601,93741.622.92$5,664
Jun 201601,95845.352.69$5,259
May 201601,90142.521.99$3,785
Apr 201601,90136.561.99$3,785
Mar 201612,16933.011.79$3,924
Feb 201602,00426.472.06$4,136
Jan 201612,07527.352.36$4,933
Dec 201512,12632.362.00$4,287
Nov 201511,99038.792.17$4,352
Oct 201512,11843.552.43$5,183
Sep 201502,21342.992.76$6,104
Aug 201512,28840.162.87$6,612
Jul 201512,29348.152.95$6,801
Jun 201502,20356.152.88$6,351
May 2015602,35355.212.96$10,267
Apr 201502,02049.822.71$5,467
Mar 201502,27842.892.93$6,685
Feb 201502,14944.662.98$6,396
Jan 201502,34943.433.10$7,283
Dec 201402,21954.693.59$7,969
Nov 201402,19170.464.25$9,316
Oct 201402,07278.303.90$8,083
Sep 201401,94986.164.05$7,885
Aug 201402,33989.394.04$9,438
Jul 201402,73996.564.18$11,448
Jun 2014622,53298.164.74$18,080
May 201402,32594.734.73$10,989
Apr 201402,09995.944.81$10,094
Mar 201401,84195.895.06$9,310
Feb 201401,95297.406.19$12,087
Jan 201401,94090.404.86$9,430
Dec 201302,11491.824.35$9,205
Nov 201301,94388.853.74$7,263
Oct 201302,12897.423.78$8,042
Sep 201302,029104.113.72$7,543
Aug 2013882,183104.253.52$16,864
Jul 201302,306102.523.72$8,573
Jun 201302,17494.403.93$8,551
May 201302,27094.834.15$9,418
Apr 201302,34593.964.28$10,043
Mar 201302,60293.623.91$10,181
Feb 201302,49691.233.42$8,536
Jan 201302,69291.603.42$9,206
Dec 201202,67086.773.42$9,132
Nov 201202,80486.953.62$10,164
Oct 201203,07189.383.40$10,440
Sep 201203,35994.672.92$9,803
Aug 201203,77092.662.91$10,964
Jul 2012993,45585.133.02$18,865
Jun 201201,87979.822.52$4,733
May 201201,85891.612.49$4,623
Apr 201201,658101.652.00$3,311
Mar 2012982,258105.052.22$15,312
Feb 201202,223101.102.57$5,714
Jan 201202,09998.092.73$5,739
Dec 201101,95196.873.24$6,321
Nov 20111051,93995.723.31$16,471
Oct 201102,58784.983.65$9,439
Sep 201101,91583.623.99$7,633
Aug 201102,09583.404.15$8,693
Jul 201101,94594.144.52$8,786
Jun 201102,66992.904.64$12,384
May 2011761,83798.134.40$15,550
Apr 201102,649105.964.33$11,479
Mar 201102,61396.364.06$10,602
Feb 201102,32585.644.18$9,718
Jan 201102,80386.504.59$12,862
Dec 201002,58185.734.35$11,222
Nov 201002,40080.843.80$9,109
Oct 201002,53078.103.51$8,877
Sep 201002,57572.633.98$10,247
Aug 201002,51573.684.42$11,115
Jul 201093,75672.554.74$18,443
Jun 201002,35170.364.91$11,544
May 201002,42871.124.24$10,283
Apr 20101012,32881.694.12$17,848
Mar 201003,69978.394.39$16,234
Feb 20101291,84373.585.44$19,522
Jan 201002,07974.365.96$12,399
Dec 20091382,17671.445.48$21,791
Nov 200902,53274.593.75$9,499
Oct 200902,20772.544.11$9,071
Sep 200902,97065.543.06$9,102
Aug 200903,50767.423.22$11,287
Jul 200902,03461.133.46$7,047
Jun 20091142,86966.163.90$18,717
May 200902,58854.743.93$10,160
Apr 200902,50746.773.59$8,994
Mar 2009993,71942.144.06$19,267
Feb 200901,78532.814.63$8,270
Jan 200901,97935.865.37$10,629
Dec 20081072,49637.105.98$18,889
Nov 200802,56155.496.86$17,569
Oct 200802,75475.246.92$19,063
Sep 200802,739101.767.88$21,575
Aug 2008993,603114.228.48$41,872
Jul 200804,046131.0811.39$46,082
Jun 200802,752131.3313.03$35,866
May 200802,803123.1711.57$32,443
Apr 200802,589110.3110.45$27,068
Mar 200803,699101.909.66$35,747
Feb 200801,65592.538.77$14,515
Jan 200801,34790.388.21$11,053
Dec 200701,44288.337.30$10,529
Nov 200701,43291.677.29$10,442
Oct 200701,70182.856.92$11,774
Sep 200701,68175.846.24$10,496
Aug 200702,22869.066.39$14,232
Jul 2007131,50270.906.39$10,516
Jun 200701,59862.007.55$12,062
May 200701,62258.747.85$12,727
Apr 2007911,68459.617.81$18,568
Mar 200702,01756.927.30$14,728
Feb 20071041,49655.108.22$18,022
Jan 200702,10850.306.73$14,180
Dec 20061342,51256.656.92$24,970
Nov 200603,20354.207.62$24,399
Oct 20063664,58354.906.01$47,655
Sep 200602,94160.085.04$14,814
Aug 20061423,84568.717.34$37,979
Jul 200603,88269.376.34$24,623
Jun 2006362,46766.286.38$18,135
May 2006762,87166.016.42$23,463
Apr 2006823,16664.397.36$28,583
Mar 200601,99556.707.08$14,130
Feb 2006792,22957.597.75$21,827
Jan 200602,03560.598.93$18,179
Dec 2005692,36154.9413.42$35,465
Nov 2005472,36254.6910.59$27,580
Oct 200502,56058.3413.80$35,317
Sep 2005282,14061.4512.08$27,570
Aug 2005262,03361.519.80$21,516
Jul 2005252,00955.697.84$17,150
Jun 200501,47152.337.38$10,858
May 200501,47345.226.65$9,797
Apr 2005402,14249.207.36$17,734
Mar 200501,35050.377.15$9,659
Feb 2005441,29045.226.31$10,132
Jan 2005582,01843.166.32$15,261
Dec 200402,25139.866.75$15,197
Nov 2004582,62445.286.33$19,237
Oct 200403,33749.706.52$21,741
Sep 200402,02143.245.28$10,679
Aug 200402,28442.375.55$12,678
Jul 200402,05238.286.08$12,485
Jun 200401,90336.106.43$12,242
May 200401,47137.486.49$9,554
Apr 200401,85934.475.86$10,891
Mar 200401,88934.365.53$10,446
Feb 200402,31532.455.51$12,755
Jan 200402,62432.036.30$16,530
Dec 200302,07630.266.30$13,082
Nov 200302,25428.804.60$10,357
Oct 200302,71128.174.76$12,903
Sep 200302,34726.314.75$11,147
Aug 2003102,88829.765.13$15,112
Jul 2003933,21929.415.17$19,380
Jun 200302,15128.565.98$12,869
May 2003761,65226.595.97$11,888
Apr 200302,00126.675.41$10,820
Mar 2003653,22031.146.10$21,653
Feb 200301,95133.487.93$15,463
Jan 2003252,22930.315.58$13,200
Dec 2002512,14526.914.85$11,784
Nov 200201,90924.664.14$7,897
Oct 2002512,25326.464.23$10,878
Sep 200202,36327.443.64$8,590
Aug 2002402,06125.963.16$7,560
Jul 200202,73824.583.06$8,383
Jun 200202,76823.733.34$9,240
May 200202,61824.663.58$9,383
Apr 200201,74223.653.51$6,118
Mar 200202,60922.003.10$8,095
Feb 200202,92418.222.38$6,946
Jan 200201,88817.172.38$4,485
Dec 200101,99516.932.36$4,717
Nov 200102,22118.072.41$5,343
Oct 200101,67019.782.53$4,223
Sep 200102,77824.262.25$6,254
Aug 200102,37124.873.05$7,239
Jul 2001802,54523.933.20$10,051
Jun 200102,02424.563.82$7,740
May 2001842,11925.524.31$11,271
Apr 2001822,21824.685.34$13,858
Mar 2001832,26324.545.38$14,204
Feb 2001741,74827.755.77$12,134
Jan 2001672,22827.478.40$20,553
Dec 200002,45426.889.12$22,387
Nov 200002,10032.215.66$11,882
Oct 200001,85731.235.15$9,555
Sep 200002,23431.875.19$11,587
Aug 200002,04329.644.54$9,277
Jul 200002,38128.534.09$9,738
Jun 200002,61529.304.40$11,499
May 200012,18227.263.68$8,056
Apr 200062,45024.513.12$7,781
Mar 2000242,90628.422.86$8,993
Feb 200002,23927.622.73$6,105
Jan 2000472,58925.272.48$7,610
Dec 199902,90824.282.42$7,048
Nov 1999342,92923.192.43$7,918
Oct 1999772,53020.982.80$8,709
Sep 1999772,66121.752.62$8,644
Aug 1999752,48419.262.88$8,587
Jul 1999772,59817.892.37$7,541
Jun 1999542,81215.942.36$7,503
May 199902,83915.792.32$6,589
Apr 1999542,93715.102.21$7,300
Mar 19991012,88412.471.84$6,561
Feb 1999452,8289.981.82$5,590
Jan 1999502,57510.381.90$5,411
Dec 1998613,2409.201.77$6,307
Nov 1998682,45910.892.19$6,115
Oct 1998773,02712.421.97$6,917
Sep 1998713,59812.592.08$8,387
Aug 1998663,71211.301.91$7,826
Jul 1998693,04511.742.24$7,623
Jun 1998403,42911.242.24$8,121
May 1998363,30112.622.21$7,737
Apr 1998393,09713.042.51$8,268
Mar 1998343,62412.802.31$8,805
Feb 1998362,87613.952.30$7,115
Jan 1998563,51414.702.15$8,395
Dec 19971773,49816.322.41$11,323
Nov 1997873,71018.193.09$13,040
Oct 1997894,26519.253.15$15,147
Sep 19971794,08117.742.95$15,234
Aug 1997884,07217.862.55$11,975
Jul 1997914,01717.582.25$10,626
Jun 1997864,23717.242.26$11,046
May 19971684,34718.972.31$13,222
Apr 1997993,32017.882.08$8,685
Mar 1997883,52618.951.94$8,505
Feb 1997983,67420.492.21$10,113
Jan 19971924,40823.483.54$20,111
Dec 1996964,42123.32$2,239
Nov 19961894,48921.97$4,152
Oct 19961115,38123.31$2,587
Sep 19962005,22322.22$4,444
Aug 1996984,64820.26$1,985
Jul 19961894,95419.55$3,695
Jun 1996994,58318.73$1,854
May 19961834,97819.43$3,556
Apr 1996954,97321.51$2,043
Mar 19962664,69419.38$5,155
Feb 1996954,74616.98$1,613
Jan 19961955,29517.07$3,329
Dec 19951846,17517.19$3,163
Nov 19951356,12216.00$2,160
Oct 19951486,98915.43$2,284
Sep 1995816,43016.18$1,311
Aug 19951317,03115.92$2,086
Jul 19951376,81815.24$2,088
Jun 19951977,18016.41$3,233
May 19951818,17217.56$3,178
Apr 19951946,14117.73$3,440
Mar 19952077,16016.44$3,403
Feb 19951427,44416.58$2,354
Jan 199527610,31015.92$4,394
Dec 199422111,91515.03$3,322
Nov 199419912,79915.90$3,164
Oct 199421115,20115.58$3,287
Sep 199434917,62315.29$5,336
Aug 199440623,26816.13$6,549
Jul 199460123,18917.56$10,554
Jun 199436313,43817.09$6,204
May 199459917,94915.88$9,512
Apr 199437515,76314.14$5,303
Mar 199439220,78512.46$4,884

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                  719 Mcf  × $  3.05 =     $2,190

────────────────────────────────────────────────────
Month total                                   $2,190

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/151800 is the state's own key, not one this site invented.