LEE GAS UNIT "B"

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

Gas lease lease 152484District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Oct 1994 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
380
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas111995-02-02131403
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
CondensateDisposition2,243 bbl$105,316
GasProduction1,497,927 Mcf$4,395,639
Total$4,500,955

455,319 Mcf of this lease's gas, across 26 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 32.5321, -94.8100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53207, -94.80998 · 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
11,193 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 11,193 ft.

Completions filed
Oct 1994
1 of 1 wells

1 well

42-18331123811,193 ftOct 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 (380)

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

380 months

May 20260624106.413.05$1,901
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026076763.503.75$2,877
Jan 202603,50659.138.00$28,041
Dec 202503,23256.664.41$14,264
Nov 202503,00458.593.93$11,795
Oct 202503,25459.383.30$10,754
Sep 202503,20662.743.08$9,865
Aug 202502,75063.933.01$8,291
Jul 202502,23866.743.32$7,419
Jun 202502,13966.483.13$6,692
May 202502,24060.553.23$7,240
Apr 202502,68462.363.54$9,510
Mar 202501,81967.704.27$7,764
Feb 202502,79070.884.34$12,111
Jan 202501,39174.324.28$5,952
Dec 202403,12368.993.12$9,748
Nov 202402,89169.052.20$6,356
Oct 202401,14571.372.28$2,612
Sep 202402,43869.612.36$5,764
Aug 202401,40775.632.06$2,904
Jul 202403,23979.932.15$6,953
Jun 202403,47978.082.63$9,164
May 202402,85678.812.20$6,279
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023076785.443.09$2,368
Sep 2023066289.042.74$1,811
Aug 202302,99480.522.67$8,003
Jul 2023089174.852.64$2,354
Jun 20230068.962.26$0
May 202301,05770.622.23$2,354
Apr 202301,13778.122.24$2,544
Mar 202301,05872.852.39$2,532
Feb 2023069875.112.47$1,721
Jan 2023098876.533.39$3,347
Dec 2022097676.415.73$5,592
Nov 2022097285.005.65$5,488
Oct 202201,16687.185.86$6,837
Sep 202201,00784.888.16$8,221
Aug 202201,19794.529.13$10,925
Jul 202201,124101.587.54$8,477
Jun 202201,086115.097.98$8,663
May 202201,053109.378.43$8,880
Apr 202201,019104.226.84$6,968
Mar 20220949108.885.08$4,818
Feb 2022072191.054.86$3,503
Jan 2022087281.844.54$3,957
Dec 202101,05971.323.90$4,129
Nov 2021060077.435.24$3,142
Oct 2021072679.795.71$4,148
Sep 2021070469.865.35$3,767
Aug 2021079766.024.22$3,364
Jul 2021077670.783.98$3,090
Jun 2021077869.493.38$2,630
May 2021064863.483.02$1,955
Apr 2021077860.362.76$2,146
Mar 2021092661.302.72$2,516
Feb 2021070257.805.55$3,895
Jan 2021085650.412.81$2,406
Dec 2020083944.642.68$2,245
Nov 2020088638.772.71$2,398
Oct 2020085736.972.48$2,124
Sep 2020091837.091.99$1,828
Aug 2020097639.982.39$2,328
Jul 202001,19238.371.83$2,176
Jun 202001,61734.901.69$2,733
May 202001,49316.921.81$2,709
Apr 202002,00314.751.80$3,614
Mar 202001,97130.341.86$3,659
Feb 202003,85249.881.98$7,630
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019066455.302.75$1,826
Oct 2019071353.472.42$1,724
Sep 201901,06055.052.66$2,817
Aug 2019094653.112.30$2,180
Jul 2019080456.272.46$1,978
Jun 2019093252.782.49$2,322
May 2019084958.482.74$2,327
Apr 2019076462.632.75$2,102
Mar 201901,15056.803.06$3,521
Feb 2019099750.852.79$2,784
Jan 2019089746.033.23$2,896
Dec 201801,00846.594.19$4,219
Nov 2018098852.934.24$4,186
Oct 201801,02261.443.40$3,473
Sep 2018095559.543.11$2,968
Aug 2018095859.403.07$2,938
Jul 2018093865.142.93$2,750
Jun 2018088360.183.08$2,717
May 2018096565.382.90$2,799
Apr 2018097163.842.90$2,817
Mar 201801,00661.222.79$2,804
Feb 2018082461.782.77$2,279
Jan 2018091462.874.01$3,665
Dec 2017099957.272.92$2,919
Nov 2017094855.423.12$2,956
Oct 201701,01149.292.98$3,017
Sep 201701,07147.523.09$3,306
Aug 201701,07345.373.00$3,224
Jul 201701,04743.873.09$3,232
Jun 201701,06142.493.09$3,276
May 201701,14845.373.26$3,746
Apr 201701,13947.933.21$3,658
Mar 201701,14646.772.98$3,419
Feb 201701,02950.452.95$3,038
Jan 201701,14149.413.42$3,901
Dec 201601,14248.763.72$4,251
Nov 201601,12342.492.64$2,970
Oct 201601,18446.193.09$3,659
Sep 201601,08841.553.10$3,373
Aug 201601,17141.442.92$3,424
Jul 201601,20041.622.92$3,509
Jun 201601,21645.352.69$3,266
May 201601,26142.521.99$2,511
Apr 201601,21136.561.99$2,411
Mar 201601,24733.011.79$2,237
Feb 201601,15626.472.06$2,386
Jan 201601,29327.352.36$3,057
Dec 201501,27632.362.00$2,554
Nov 201521,24038.792.17$2,765
Oct 2015151,26543.552.43$3,723
Sep 201501,28442.992.76$3,542
Aug 201501,44640.162.87$4,154
Jul 2015241,17748.152.95$4,622
Jun 2015251,24656.152.88$4,996
May 201501,37155.212.96$4,052
Apr 2015161,26149.822.71$4,210
Mar 201501,17742.892.93$3,454
Feb 2015198944.662.98$2,988
Jan 201501,26543.433.10$3,922
Dec 201401,42354.693.59$5,111
Nov 201401,07370.464.25$4,562
Oct 201401,15678.303.90$4,510
Sep 201401,13186.164.05$4,575
Aug 201401,13789.394.04$4,588
Jul 2014091596.564.18$3,824
Jun 201401,04498.164.74$4,945
May 201401,24094.734.73$5,861
Apr 201401,26595.944.81$6,084
Mar 201401,32595.895.06$6,700
Feb 201401,19997.406.19$7,424
Jan 201481,38790.404.86$7,465
Dec 201371,43991.824.35$6,909
Nov 201341,29088.853.74$5,178
Oct 201341,59697.423.78$6,422
Sep 201341,596104.113.72$6,350
Aug 201301,386104.253.52$4,882
Jul 201332,025102.523.72$7,836
Jun 201301,74594.403.93$6,864
May 201331,74294.834.15$7,512
Apr 201301,58993.964.28$6,805
Mar 201342,06093.623.91$8,435
Feb 201301,91391.233.42$6,542
Jan 201322,00791.603.42$7,047
Dec 201222,22086.773.42$7,766
Nov 201202,23686.953.62$8,105
Oct 2012122,37689.383.40$9,150
Sep 201261,90894.672.92$6,136
Aug 201261,97592.662.91$6,300
Jul 201202,01885.133.02$6,096
Jun 201242,11979.822.52$5,657
May 201202,72191.612.49$6,771
Apr 201232,497101.652.00$5,291
Mar 201272,739105.052.22$6,822
Feb 201242,416101.102.57$6,614
Jan 201262,40098.092.73$7,150
Dec 201192,34396.873.24$8,463
Nov 201152,65895.723.31$9,280
Oct 201102,41084.983.65$8,793
Sep 201102,08383.623.99$8,302
Aug 201152,52683.404.15$10,898
Jul 2011122,73294.144.52$13,471
Jun 201102,58992.904.64$12,013
May 201193,00598.134.40$14,120
Apr 201182,353105.964.33$11,044
Mar 201103,14496.364.06$12,756
Feb 201102,46285.644.18$10,291
Jan 201102,62386.504.59$12,036
Dec 201082,52885.734.35$11,677
Nov 201032,77880.843.80$10,786
Oct 201012,62678.103.51$9,292
Sep 201032,33472.633.98$9,506
Aug 201032,37773.684.42$10,726
Jul 201032,16772.554.74$10,482
Jun 201032,06470.364.91$10,346
May 201062,68471.124.24$11,794
Apr 2010202,58781.694.12$12,299
Mar 2010282,43578.394.39$12,881
Feb 2010192,42673.585.44$14,601
Jan 2010402,72274.365.96$19,209
Dec 2009282,58471.445.48$16,170
Nov 2009192,55374.593.75$10,995
Oct 2009282,87672.544.11$13,852
Sep 200932,77565.543.06$8,701
Aug 200902,66467.423.22$8,574
Jul 200902,13461.133.46$7,393
Jun 200902,00266.163.90$7,798
May 200902,06754.743.93$8,115
Apr 200952,06646.773.59$7,646
Mar 2009172,50042.144.06$10,864
Feb 2009192,19132.814.63$10,774
Jan 2009212,74435.865.37$15,491
Dec 2008283,25937.105.98$20,518
Nov 2008142,77255.496.86$19,794
Oct 200872,43875.246.92$17,402
Sep 200822,333101.767.88$18,581
Aug 200812,238114.228.48$19,099
Jul 200822,744131.0811.39$31,515
Jun 200822,682131.3313.03$35,216
May 200822,797123.1711.57$32,620
Apr 200862,804110.3110.45$29,977
Mar 2008102,872101.909.66$28,774
Feb 2008102,93392.538.77$26,649
Jan 2008103,07790.388.21$26,153
Dec 2007123,16588.337.30$24,171
Nov 200752,81291.677.29$20,963
Oct 2007113,17182.856.92$22,861
Sep 2007132,98275.846.24$19,606
Aug 200773,15469.066.39$20,631
Jul 200793,28670.906.39$21,629
Jun 2007143,29562.007.55$25,740
May 2007113,34458.747.85$26,884
Apr 200793,14559.617.81$25,084
Mar 2007103,05256.927.30$22,855
Feb 2007122,97355.108.22$25,087
Jan 2007134,07050.306.73$28,032
Dec 2006143,96156.656.92$28,197
Nov 2006122,81354.207.62$22,078
Oct 2006132,77454.906.01$17,396
Sep 200672,93460.085.04$15,200
Aug 2006223,07268.717.34$24,060
Jul 2006183,13269.376.34$21,114
Jun 2006233,38466.286.38$23,127
May 2006213,43266.016.42$23,437
Apr 2006173,44764.397.36$26,466
Mar 200694,26156.707.08$30,691
Feb 200653,37057.597.75$26,409
Jan 200663,72560.598.93$33,640
Dec 200564,15154.9413.42$56,017
Nov 200574,58154.6910.59$48,888
Oct 200573,91058.3413.80$54,350
Sep 2005143,84761.4512.08$47,328
Aug 2005153,75561.519.80$37,710
Jul 2005103,78255.697.84$30,222
Jun 2005113,65352.337.38$27,539
May 2005143,97345.226.65$27,058
Apr 2005143,72749.207.36$28,121
Mar 2005263,85050.377.15$28,856
Feb 2005313,54645.226.31$23,784
Jan 2005413,96043.166.32$26,805
Dec 2004264,12939.866.75$28,912
Nov 2004313,73745.286.33$25,060
Oct 2004343,89149.706.52$27,040
Sep 2004273,97643.245.28$22,176
Aug 2004193,90342.375.55$22,469
Jul 2004193,82538.286.08$23,999
Jun 2004183,79836.106.43$25,082
May 2004214,24537.486.49$28,357
Apr 2004144,17234.475.86$24,924
Mar 2004174,10334.365.53$23,274
Feb 200471,73432.455.51$9,781
Jan 2004143,89932.036.30$25,011
Dec 2003134,31730.266.30$27,598
Nov 2003164,46628.804.60$20,983
Oct 2003204,88028.174.76$23,790
Sep 2003104,81826.314.75$23,146
Aug 2003194,37429.765.13$23,003
Jul 2003174,45329.415.17$23,526
Jun 2003194,18928.565.98$25,605
May 2003184,38326.595.97$26,657
Apr 2003194,11026.675.41$22,731
Mar 2003254,37431.146.10$27,443
Feb 2003263,42633.487.93$28,025
Jan 2003163,65730.315.58$20,898
Dec 2002193,70126.914.85$18,475
Nov 2002144,58024.664.14$19,293
Oct 2002124,91426.464.23$21,099
Sep 200295,18627.443.64$19,099
Aug 2002195,55925.963.16$18,083
Jul 2002205,24224.583.06$16,541
Jun 2002205,17923.733.34$17,763
May 2002235,11224.663.58$18,889
Apr 2002204,90623.653.51$17,704
Mar 2002225,58622.003.10$17,816
Feb 2002184,38118.222.38$10,736
Jan 2002164,75017.172.38$11,559
Dec 2001306,04116.932.36$14,791
Nov 2001184,67318.072.41$11,566
Oct 2001134,16919.782.53$10,800
Sep 2001205,25224.262.25$12,309
Aug 2001102,30424.873.05$7,283
Jul 2001354,71323.933.20$15,905
Jun 2001214,37924.563.82$17,262
May 2001226,10825.524.31$26,871
Apr 2001204,30324.685.34$23,451
Mar 2001303,98124.545.38$22,140
Feb 2001175,14227.755.77$30,126
Jan 2001255,45527.478.40$46,502
Dec 200005,49626.889.12$50,137
Nov 2000265,33232.215.66$31,006
Oct 2000205,33231.235.15$28,060
Sep 2000215,49331.875.19$29,159
Aug 2000195,42429.644.54$25,192
Jul 2000154,95228.534.09$20,680
Jun 2000315,51429.304.40$25,155
May 2000235,88227.263.68$22,271
Apr 2000702,65524.513.12$9,989
Mar 200006,56828.422.86$18,783
Feb 200006,36027.622.73$17,341
Jan 200006,29325.272.48$15,610
Dec 199906,69924.282.42$16,237
Nov 199906,53123.192.43$15,896
Oct 199906,36320.982.80$17,840
Sep 199906,67121.752.62$17,470
Aug 199906,85419.262.88$19,709
Jul 199906,34317.892.37$15,048
Jun 199906,16315.942.36$14,558
May 199906,95515.792.32$16,143
Apr 199907,17015.102.21$15,832
Mar 199906,78312.471.84$12,469
Feb 199906,7749.981.82$12,314
Jan 199907,07310.381.90$13,438
Dec 199807,9129.201.77$14,031
Nov 199806,46410.892.19$14,128
Oct 199805,93012.421.97$11,677
Sep 199808,09312.592.08$16,855
Aug 199807,99311.301.91$15,245
Jul 199808,33311.742.24$18,643
Jun 199807,57411.242.24$16,945
May 199807,75912.622.21$17,119
Apr 199807,75913.042.51$19,439
Mar 199808,81312.802.31$20,353
Feb 199809,54413.952.30$21,943
Jan 199808,31014.702.15$17,906
Dec 199707,93816.322.41$19,139
Nov 199707,58218.193.09$23,415
Oct 199707,74719.253.15$24,402
Sep 199708,13017.742.95$24,023
Aug 199708,49917.862.55$21,713
Jul 199709,78617.582.25$21,989
Jun 199708,74517.242.26$19,739
May 199709,54918.972.31$22,044
Apr 1997010,67317.882.08$22,230
Mar 1997011,53118.951.94$22,360
Feb 1997010,48120.492.21$23,120
Jan 1997010,87023.483.54$38,477
Dec 1996011,62923.32$0
Nov 1996010,81621.97$0
Oct 1996012,17623.31$0
Sep 1996011,30122.22$0
Aug 1996012,59920.26$0
Jul 1996015,13519.55$0
Jun 1996012,78218.73$0
May 1996010,80219.43$0
Apr 1996013,40821.51$0
Mar 1996013,93519.38$0
Feb 1996013,32816.98$0
Jan 1996011,50617.07$0
Dec 1995013,47817.19$0
Nov 1995015,46216.00$0
Oct 1995015,88715.43$0
Sep 1995015,96616.18$0
Aug 1995016,76715.92$0
Jul 1995018,90215.24$0
Jun 1995019,18116.41$0
May 1995022,44217.56$0
Apr 1995023,20017.73$0
Mar 1995026,75516.44$0
Feb 1995027,22216.58$0
Jan 1995031,08615.92$0
Dec 1994038,28915.03$0
Nov 1994021,26515.90$0
Oct 19940015.58$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             0 bbl  × $106.41 =         $0
Gas                  624 Mcf  × $  3.05 =     $1,901

────────────────────────────────────────────────────
Month total                                   $1,901

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/152484 is the state's own key, not one this site invented.