FIRST NATIONAL BALDWIN 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 152799District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
May 1994 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
385
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 Gas111995-02-22130409
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
CondensateDisposition3,112 bbl$228,525
GasProduction790,590 Mcf$2,483,300
Total$2,711,825

192,037 Mcf of this lease's gas, across 32 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 32.0479, -94.2659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04790, -94.26591 · 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
9,392 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 9,392 ft.

Completions filed
Aug 1996
1 of 1 wells

1 well

42-365329672R9,392 ftAug 1996

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 (385)

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

385 months

May 20260494106.413.05$1,505
Apr 2026021998.932.87$628
Mar 2026010389.753.15$324
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025087256.664.41$3,848
Nov 2025098958.593.93$3,883
Oct 202501,00059.383.30$3,305
Sep 2025095462.743.08$2,935
Aug 2025094563.933.01$2,849
Jul 2025085866.743.32$2,844
Jun 2025072466.483.13$2,265
May 2025016060.553.23$517
Apr 2025017262.363.54$609
Mar 2025017367.704.27$738
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024018069.052.20$396
Oct 202409671.372.28$219
Sep 2024014169.612.36$333
Aug 202408375.632.06$171
Jul 202409379.932.15$200
Jun 202409678.082.63$253
May 2024014478.812.20$317
Apr 202409484.451.66$156
Mar 2024011080.301.55$170
Feb 2024010076.091.78$178
Jan 2024013573.023.30$445
Dec 202301571.262.61$39
Nov 202301777.892.81$48
Oct 2023011385.443.09$349
Sep 2023012789.042.74$347
Aug 202307280.522.67$192
Jul 202309774.852.64$256
Jun 202309868.962.26$221
May 2023010270.622.23$227
Apr 202309978.122.24$222
Mar 2023014772.852.39$352
Feb 2023012175.112.47$298
Jan 202309976.533.39$335
Dec 202207476.415.73$424
Nov 202207885.005.65$440
Oct 2022010687.185.86$622
Sep 2022012384.888.16$1,004
Aug 2022012194.529.13$1,104
Jul 20220131101.587.54$988
Jun 20220143115.097.98$1,141
May 20220181109.378.43$1,526
Apr 20220209104.226.84$1,429
Mar 20220235108.885.08$1,193
Feb 2022016491.054.86$797
Jan 2022023081.844.54$1,044
Dec 2021025171.323.90$979
Nov 2021045877.435.24$2,398
Oct 2021061179.795.71$3,491
Sep 2021023769.865.35$1,268
Aug 2021028366.024.22$1,194
Jul 2021023070.783.98$916
Jun 2021022369.493.38$754
May 2021044463.483.02$1,340
Apr 2021044960.362.76$1,239
Mar 2021071261.302.72$1,934
Feb 2021060457.805.55$3,351
Jan 2021054050.412.81$1,518
Dec 2020075944.642.68$2,031
Nov 2020099338.772.71$2,688
Oct 202001,11436.972.48$2,761
Sep 202001,38437.091.99$2,756
Aug 202001,31939.982.39$3,146
Jul 202001,36538.371.83$2,491
Jun 202001,57434.901.69$2,661
May 2020093416.921.81$1,695
Apr 2020097414.751.80$1,757
Mar 202001,49730.341.86$2,779
Feb 202001,47549.881.98$2,921
Jan 202001,72757.252.09$3,618
Dec 201901,77059.012.30$4,079
Nov 201901,63555.302.75$4,497
Oct 201901,64253.472.42$3,971
Sep 201901,51455.052.66$4,023
Aug 201901,50353.112.30$3,463
Jul 201901,66556.272.46$4,096
Jun 2019088352.782.49$2,200
May 2019053858.482.74$1,474
Apr 2019062962.632.75$1,730
Mar 2019096256.803.06$2,946
Feb 201901,07150.852.79$2,990
Jan 201901,44846.033.23$4,674
Dec 201801,38746.594.19$5,805
Nov 201801,38752.934.24$5,877
Oct 201801,62761.443.40$5,529
Sep 201801,39059.543.11$4,320
Aug 201801,34759.403.07$4,131
Jul 201801,35165.142.93$3,961
Jun 201801,29060.183.08$3,969
May 201801,37865.382.90$3,997
Apr 201801,38363.842.90$4,012
Mar 201801,43861.222.79$4,007
Feb 201801,28161.782.77$3,543
Jan 201801,44962.874.01$5,810
Dec 201701,40257.272.92$4,096
Nov 201701,47055.423.12$4,584
Oct 201701,55549.292.98$4,640
Sep 201701,52647.523.09$4,711
Aug 201701,52445.373.00$4,579
Jul 201701,51843.873.09$4,686
Jun 201701,60842.493.09$4,964
May 201701,52645.373.26$4,980
Apr 201701,59347.933.21$5,116
Mar 201701,38046.772.98$4,117
Feb 201701,13450.452.95$3,348
Jan 201701,36849.413.42$4,677
Dec 201601,37148.763.72$5,104
Nov 201601,33442.492.64$3,528
Oct 201601,42046.193.09$4,388
Sep 201601,39441.553.10$4,322
Aug 201601,44241.442.92$4,217
Jul 201601,44441.622.92$4,223
Jun 201601,35445.352.69$3,637
May 201601,30742.521.99$2,602
Apr 2016097936.561.99$1,949
Mar 2016095433.011.79$1,711
Feb 2016091126.472.06$1,880
Jan 2016087727.352.36$2,074
Dec 2015039332.362.00$787
Nov 2015085238.792.17$1,847
Oct 2015072543.552.43$1,759
Sep 2015083442.992.76$2,301
Aug 201501,33640.162.87$3,838
Jul 201501,46748.152.95$4,320
Jun 201501,51356.152.88$4,362
May 201501,49055.212.96$4,404
Apr 201501,53049.822.71$4,141
Mar 201501,47942.892.93$4,340
Feb 201501,81944.662.98$5,414
Jan 201501,41743.433.10$4,394
Dec 201401,50854.693.59$5,416
Nov 201401,51970.464.25$6,459
Oct 201401,57078.303.90$6,125
Sep 201401,62586.164.05$6,574
Aug 201401,61889.394.04$6,529
Jul 201401,65496.564.18$6,913
Jun 201401,53198.164.74$7,252
May 201401,64894.734.73$7,789
Apr 201401,76095.944.81$8,464
Mar 201401,88095.895.06$9,507
Feb 201401,76197.406.19$10,904
Jan 201401,92490.404.86$9,352
Dec 201301,96991.824.35$8,574
Nov 201301,92088.853.74$7,178
Oct 201301,94497.423.78$7,347
Sep 201301,970104.113.72$7,324
Aug 201301,913104.253.52$6,739
Jul 201301,778102.523.72$6,610
Jun 201301,63094.403.93$6,411
May 201301,77194.834.15$7,348
Apr 201301,77293.964.28$7,589
Mar 201301,81493.623.91$7,098
Feb 201301,76991.233.42$6,050
Jan 201301,86091.603.42$6,361
Dec 201201,92186.773.42$6,570
Nov 201201,26886.953.62$4,596
Oct 201201,84589.383.40$6,272
Sep 2012079594.672.92$2,320
Aug 201201,84192.662.91$5,354
Jul 201202,25885.133.02$6,821
Jun 201202,06479.822.52$5,199
May 201202,14791.612.49$5,342
Apr 201201,959101.652.00$3,912
Mar 201202,303105.052.22$5,117
Feb 201202,260101.102.57$5,809
Jan 201202,49998.092.73$6,832
Dec 201101,83996.873.24$5,958
Nov 201102,18995.723.31$7,248
Oct 201102,15184.983.65$7,848
Sep 201101,89683.623.99$7,557
Aug 201101,85883.404.15$7,709
Jul 201101,88294.144.52$8,501
Jun 201101,89692.904.64$8,797
May 201101,98398.134.40$8,735
Apr 20111572,089105.964.33$25,688
Mar 20111532,29696.364.06$24,059
Feb 20111462,06385.644.18$21,127
Jan 20111442,26386.504.59$22,840
Dec 20101542,50985.734.35$24,111
Nov 2010982,43580.843.80$17,164
Oct 2010792,46978.103.51$14,833
Sep 2010702,56072.633.98$15,272
Aug 2010632,46373.684.42$15,527
Jul 2010852,42772.554.74$17,662
Jun 201002,38470.364.91$11,706
May 2010852,45671.124.24$16,447
Apr 2010782,41781.694.12$16,336
Mar 2010872,56378.394.39$18,068
Feb 2010912,35173.585.44$19,491
Jan 2010842,38974.365.96$20,494
Dec 20091002,67571.445.48$21,813
Nov 2009862,49374.593.75$15,767
Oct 2009882,59872.544.11$17,062
Sep 200902,43865.543.06$7,472
Aug 20092452,42367.423.22$24,316
Jul 20091132,46361.133.46$15,441
Jun 20091052,40866.163.90$16,326
May 20091162,72054.743.93$17,028
Apr 20091132,60346.773.59$14,623
Mar 20091322,51942.144.06$15,787
Feb 200901,26232.814.63$5,847
Jan 2009271,07435.865.37$6,737
Dec 2008281,24137.105.98$8,456
Nov 2008442,18655.496.86$17,438
Oct 2008452,41275.246.92$20,082
Sep 2008432,192101.767.88$21,642
Aug 2008672,706114.228.48$30,608
Jul 2008212,550131.0811.39$31,796
Jun 2008351,614131.3313.03$25,631
May 200801,879123.1711.57$21,748
Apr 200801,934110.3110.45$20,220
Mar 200802,063101.909.66$19,937
Feb 200802,08392.538.77$18,269
Jan 200802,18290.388.21$17,905
Dec 200702,09788.337.30$15,312
Nov 200702,25591.677.29$16,443
Oct 200702,40982.856.92$16,675
Sep 200702,37275.846.24$14,811
Aug 200702,59269.066.39$16,558
Jul 200702,80870.906.39$17,937
Jun 200702,57762.007.55$19,452
May 200702,82858.747.85$22,189
Apr 200702,64359.617.81$20,629
Mar 200702,73256.927.30$19,949
Feb 200702,38655.108.22$19,603
Jan 200702,38350.306.73$16,030
Dec 200602,19656.656.92$15,193
Nov 200601,23854.207.62$9,430
Oct 200601,13554.906.01$6,826
Sep 200602,20160.085.04$11,087
Aug 200602,50568.717.34$18,387
Jul 200602,55269.376.34$16,187
Jun 200602,54666.286.38$16,253
May 200602,77766.016.42$17,842
Apr 200602,57864.397.36$18,975
Mar 200602,72756.707.08$19,315
Feb 200602,41257.597.75$18,696
Jan 200602,74960.598.93$24,558
Dec 200502,69254.9413.42$36,114
Nov 200502,46854.6910.59$26,132
Oct 200502,45158.3413.80$33,813
Sep 200502,23361.4512.08$26,972
Aug 200502,71261.519.80$26,569
Jul 200502,35755.697.84$18,487
Jun 200502,61252.337.38$19,279
May 200502,88745.226.65$19,202
Apr 200502,60749.207.36$19,189
Mar 200502,69850.377.15$19,304
Feb 200502,13145.226.31$13,451
Jan 200502,13943.166.32$13,523
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 2002028223.733.34$941
May 200202,39824.663.58$8,594
Apr 200201,80623.653.51$6,343
Mar 200202,42722.003.10$7,530
Feb 200201,76018.222.38$4,181
Jan 200202,72017.172.38$6,462
Dec 200102,86016.932.36$6,762
Nov 200102,43518.072.41$5,857
Oct 200102,63419.782.53$6,661
Sep 200102,53924.262.25$5,716
Aug 200102,64224.873.05$8,066
Jul 200102,80723.933.20$8,974
Jun 200102,79724.563.82$10,696
May 200102,96625.524.31$12,776
Apr 200102,96524.685.34$15,819
Mar 200102,01424.545.38$10,828
Feb 200102,31327.755.77$13,339
Jan 200102,67027.478.40$22,425
Dec 200002,60426.889.12$23,755
Nov 200002,45232.215.66$13,873
Oct 200002,64931.235.15$13,630
Sep 200002,51231.875.19$13,028
Aug 200003,23329.644.54$14,680
Jul 200003,23828.534.09$13,243
Jun 200003,25529.304.40$14,313
May 200003,38327.263.68$12,449
Apr 200003,28724.513.12$10,242
Mar 200003,35028.422.86$9,580
Feb 200002,95627.622.73$8,060
Jan 200003,16925.272.48$7,861
Dec 199903,39724.282.42$8,233
Nov 199903,13623.192.43$7,633
Oct 199903,11920.982.80$8,745
Sep 199903,27421.752.62$8,574
Aug 199902,99619.262.88$8,615
Jul 199903,19317.892.37$7,575
Jun 199902,75915.942.36$6,517
May 199903,12115.792.32$7,244
Apr 199903,28415.102.21$7,251
Mar 199903,08012.471.84$5,662
Feb 199903,1219.981.82$5,673
Jan 199903,81310.381.90$7,245
Dec 199804,0309.201.77$7,146
Nov 199803,60310.892.19$7,875
Oct 199803,96012.421.97$7,798
Sep 199803,59412.592.08$7,485
Aug 199804,27111.301.91$8,146
Jul 199803,50211.742.24$7,835
Jun 199803,92911.242.24$8,790
May 199804,86912.622.21$10,743
Apr 199804,70713.042.51$11,793
Mar 199804,84212.802.31$11,182
Feb 199804,76713.952.30$10,960
Jan 199805,27514.702.15$11,367
Dec 199705,27316.322.41$12,714
Nov 199704,63218.193.09$14,305
Oct 199704,24119.253.15$13,358
Sep 199704,42417.742.95$13,072
Aug 199704,71717.862.55$12,051
Jul 199704,68017.582.25$10,516
Jun 199704,72517.242.26$10,665
May 199705,24418.972.31$12,106
Apr 199705,15217.882.08$10,730
Mar 199705,53618.951.94$10,735
Feb 199704,79620.492.21$10,580
Jan 199705,66123.483.54$20,038
Dec 199606,37823.32$0
Nov 199606,66821.97$0
Oct 199607,54423.31$0
Sep 199608,01122.22$0
Aug 199607,46520.26$0
Jul 1996087419.55$0
Jun 199603,29418.73$0
May 199604,32119.43$0
Apr 199604,81521.51$0
Mar 199601,77619.38$0
Feb 1996031916.98$0
Jan 19960717.07$0
Dec 1995061017.19$0
Nov 1995097316.00$0
Oct 199502,45815.43$0
Sep 199503,06216.18$0
Aug 199503,13715.92$0
Jul 199505,09215.24$0
Jun 199505,33516.41$0
May 199505,03917.56$0
Apr 199506,35317.73$0
Mar 199506,03316.44$0
Feb 199506,57316.58$0
Jan 199507,59415.92$0
Dec 199407,80315.03$0
Nov 199408,66215.90$0
Oct 1994010,02415.58$0
Sep 1994010,91115.29$0
Aug 199413012,83316.13$2,097
Jul 1994015,44017.56$0
Jun 1994019,48917.09$0
May 199403,14415.88$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                  494 Mcf  × $  3.05 =     $1,505

────────────────────────────────────────────────────
Month total                                   $1,505

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/152799 is the state's own key, not one this site invented.