LATHROP, F.K. GAS UNIT

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 154081District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Feb 1995 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
376
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 Gas111995-05-30131992
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
CondensateDisposition1,992 bbl$117,940
GasProduction1,584,936 Mcf$3,734,418
Total$3,852,358

654,332 Mcf of this lease's gas, across 22 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 32.5434, -94.8231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54336, -94.82308 · 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
10,800 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 10,800 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-18331151610,800 ftFeb 1995

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 (376)

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

376 months

May 202601,743106.413.05$5,309
Apr 202601,59498.932.87$4,574
Mar 202601,64289.753.15$5,171
Feb 202607663.503.75$285
Jan 202601,77759.138.00$14,212
Dec 202501,23856.664.41$5,464
Nov 2025074658.593.93$2,929
Oct 202501,41059.383.30$4,660
Sep 2025012962.743.08$397
Aug 2025013363.933.01$401
Jul 202507066.743.32$232
Jun 202509066.483.13$282
May 202508560.553.23$275
Apr 2025013962.363.54$492
Mar 2025017867.704.27$760
Feb 202509770.884.34$421
Jan 2025018674.324.28$796
Dec 202408868.993.12$275
Nov 2024092769.052.20$2,038
Oct 202402,24571.372.28$5,122
Sep 202401,84569.612.36$4,362
Aug 202401,50675.632.06$3,108
Jul 2024022779.932.15$487
Jun 2024027278.082.63$716
May 202402478.812.20$53
Apr 2024040084.451.66$664
Mar 202402280.301.55$34
Feb 20240076.091.78$0
Jan 2024011573.023.30$379
Dec 2023010371.262.61$269
Nov 2023020177.892.81$564
Oct 202304485.443.09$136
Sep 2023012689.042.74$345
Aug 2023110380.522.67$356
Jul 202304674.852.64$122
Jun 2023012268.962.26$276
May 2023010270.622.23$227
Apr 2023013978.122.24$311
Mar 2023022472.852.39$536
Feb 2023017575.112.47$431
Jan 2023115376.533.39$595
Dec 2022015176.415.73$865
Nov 2022019485.005.65$1,095
Oct 2022027287.185.86$1,595
Sep 2022020684.888.16$1,682
Aug 2022022694.529.13$2,063
Jul 2022097101.587.54$732
Jun 20221150115.097.98$1,312
May 20220279109.378.43$2,353
Apr 20220152104.226.84$1,039
Mar 20220306108.885.08$1,553
Feb 2022017191.054.86$831
Jan 2022229581.844.54$1,502
Dec 2021024771.323.90$963
Nov 2021024377.435.24$1,273
Oct 2021032979.795.71$1,880
Sep 2021019769.865.35$1,054
Aug 2021024366.024.22$1,026
Jul 2021026170.783.98$1,039
Jun 2021223369.493.38$927
May 2021026363.483.02$794
Apr 2021021860.362.76$601
Mar 2021030961.302.72$840
Feb 2021315557.805.55$1,033
Jan 2021025250.412.81$708
Dec 2020629344.642.68$1,052
Nov 2020020138.772.71$544
Oct 2020012436.972.48$307
Sep 2020024137.091.99$480
Aug 20201826839.982.39$1,359
Jul 2020026138.371.83$476
Jun 2020030034.901.69$507
May 2020026616.921.81$483
Apr 20204530514.751.80$1,214
Mar 2020041430.341.86$768
Feb 20203533549.881.98$2,409
Jan 20201939157.252.09$1,907
Dec 2019028159.012.30$648
Nov 2019042855.302.75$1,177
Oct 2019059553.472.42$1,439
Sep 2019042455.052.66$1,127
Aug 2019047453.112.30$1,092
Jul 2019061256.272.46$1,506
Jun 2019047152.782.49$1,173
May 2019050258.482.74$1,376
Apr 2019453762.632.75$1,728
Mar 2019860756.803.06$2,313
Feb 2019072550.852.79$2,024
Jan 2019101,42446.033.23$5,057
Dec 201801,80746.594.19$7,563
Nov 2018121,60652.934.24$7,440
Oct 201801,81261.443.40$6,157
Sep 201801,84159.543.11$5,722
Aug 2018131,73459.403.07$6,090
Jul 201801,90865.142.93$5,594
Jun 201801,80360.183.08$5,548
May 2018101,85565.382.90$6,035
Apr 2018131,79563.842.90$6,037
Mar 201801,93961.222.79$5,404
Feb 2018131,73861.782.77$5,611
Jan 201801,89162.874.01$7,582
Dec 2017132,05257.272.92$6,739
Nov 201702,01055.423.12$6,268
Oct 2017122,04649.292.98$6,696
Sep 201702,02047.523.09$6,236
Aug 201702,11445.373.00$6,351
Jul 2017122,11243.873.09$7,047
Jun 201702,09742.493.09$6,474
May 2017112,15545.373.26$7,532
Apr 201702,12247.933.21$6,815
Mar 2017121,97946.772.98$6,466
Feb 2017121,56750.452.95$5,232
Jan 201701,44149.413.42$4,926
Dec 2016111,57448.763.72$6,396
Nov 201661,82242.492.64$5,073
Oct 201601,89246.193.09$5,847
Sep 201601,86941.553.10$5,795
Aug 201602,01741.442.92$5,898
Jul 201601,81041.622.92$5,293
Jun 201601,42145.352.69$3,817
May 201601,91842.521.99$3,819
Apr 201601,81036.561.99$3,604
Mar 201691,44333.011.79$2,886
Feb 2016111,02626.472.06$2,408
Jan 2016097927.352.36$2,315
Dec 201501,77232.362.00$3,547
Nov 2015111,65638.792.17$4,016
Oct 2015101,53743.552.43$4,165
Sep 201501,55742.992.76$4,295
Aug 201502,09440.162.87$6,015
Jul 201591,75748.152.95$5,608
Jun 201591,66556.152.88$5,305
May 201501,76355.212.96$5,210
Apr 201581,71149.822.71$5,030
Mar 201501,65042.892.93$4,842
Feb 2015141,31244.662.98$4,530
Jan 201501,35843.433.10$4,211
Dec 201451,64154.693.59$6,167
Nov 201491,61470.464.25$7,497
Oct 201401,26178.303.90$4,919
Sep 201491,64686.164.05$7,434
Aug 201401,87789.394.04$7,574
Jul 201491,85696.564.18$8,626
Jun 201481,80798.164.74$9,345
May 201472,00194.734.73$10,121
Apr 201421,97595.944.81$9,690
Mar 201422,09095.895.06$10,760
Feb 201421,92097.406.19$12,083
Jan 2014262,07790.404.86$12,446
Dec 2013252,05891.824.35$11,257
Nov 2013202,02088.853.74$9,328
Oct 2013121,99097.423.78$8,690
Sep 2013112,240104.113.72$9,473
Aug 201302,299104.253.52$8,098
Jul 201312,352102.523.72$8,847
Jun 201302,33094.403.93$9,165
May 201352,59294.834.15$11,229
Apr 201302,43093.964.28$10,407
Mar 201362,53693.623.91$10,485
Feb 201302,30991.233.42$7,897
Jan 201332,54391.603.42$8,972
Dec 201232,53086.773.42$8,913
Nov 201202,50886.953.62$9,091
Oct 201272,18189.383.40$8,040
Sep 201222,37994.672.92$7,132
Aug 201222,08692.662.91$6,252
Jul 201202,22285.133.02$6,712
Jun 201212,12479.822.52$5,430
May 201202,50191.612.49$6,223
Apr 201212,127101.652.00$4,349
Mar 2012122,497105.052.22$6,809
Feb 201272,389101.102.57$6,848
Jan 2012112,44898.092.73$7,772
Dec 2011162,14896.873.24$8,509
Nov 201192,39295.723.31$8,782
Oct 201132,26184.983.65$8,504
Sep 201101,71483.623.99$6,832
Aug 2011112,14783.404.15$9,826
Jul 2011232,34294.144.52$12,745
Jun 201102,22092.904.64$10,301
May 201132,46698.134.40$11,157
Apr 201182,567105.964.33$11,971
Mar 201102,96096.364.06$12,010
Feb 201102,43085.644.18$10,157
Jan 201102,70886.504.59$12,426
Dec 201082,73485.734.35$12,573
Nov 201062,57280.843.80$10,247
Oct 201032,83478.103.51$10,178
Sep 201062,62772.633.98$10,890
Aug 201062,78073.684.42$12,728
Jul 201062,50572.554.74$12,300
Jun 201052,21470.364.91$11,223
May 201052,33871.124.24$10,258
Apr 201082,11381.694.12$9,365
Mar 201081,78878.394.39$8,474
Feb 201051,76573.585.44$9,974
Jan 2010111,91674.365.96$12,245
Dec 200981,60271.445.48$9,356
Nov 200952,15174.593.75$8,442
Oct 200952,06872.544.11$8,863
Sep 200902,12165.543.06$6,500
Aug 200902,39367.423.22$7,702
Jul 200902,74461.133.46$9,507
Jun 200902,36866.163.90$9,223
May 200902,68654.743.93$10,545
Apr 200902,60146.773.59$9,331
Mar 200903,04942.144.06$12,376
Feb 200902,56232.814.63$11,870
Jan 200902,81635.865.37$15,125
Dec 200802,99637.105.98$17,908
Nov 200822,80755.496.86$19,368
Oct 2008103,04975.246.92$21,858
Sep 200872,986101.767.88$24,233
Aug 200842,846114.228.48$24,600
Jul 200862,840131.0811.39$33,132
Jun 200852,730131.3313.03$36,236
May 200842,317123.1711.57$27,310
Apr 2008172,825110.3110.45$31,410
Mar 2008262,863101.909.66$30,318
Feb 2008252,79692.538.77$26,836
Jan 2008232,62490.388.21$23,611
Dec 2007312,64488.337.30$22,045
Nov 2007122,83491.677.29$21,765
Oct 2007242,89082.856.92$21,993
Sep 2007202,53175.846.24$17,321
Aug 2007102,85769.066.39$18,941
Jul 2007142,88570.906.39$19,422
Jun 2007212,85862.007.55$22,875
May 2007192,96858.747.85$24,404
Apr 2007133,14259.617.81$25,299
Mar 2007123,29756.927.30$24,758
Feb 2007163,25755.108.22$27,641
Jan 2007154,71150.306.73$32,445
Dec 2006173,67256.656.92$26,368
Nov 2006173,63154.207.62$28,580
Oct 2006123,64854.906.01$22,597
Sep 200653,37460.085.04$17,296
Aug 2006143,50468.717.34$26,681
Jul 200692,47369.376.34$16,310
Jun 2006133,15866.286.38$21,022
May 2006113,10866.016.42$20,695
Apr 2006133,10564.397.36$23,691
Mar 2006143,28856.707.08$24,082
Feb 2006102,76357.597.75$21,992
Jan 2006112,57960.598.93$23,706
Dec 200592,96954.9413.42$40,325
Nov 2005112,80954.6910.59$30,344
Oct 2005102,94958.3413.80$41,267
Sep 2005113,17561.4512.08$39,027
Aug 200593,33161.519.80$33,187
Jul 200563,21855.697.84$25,575
Jun 200563,04352.337.38$22,774
May 200583,00445.226.65$20,342
Apr 200583,09049.207.36$23,137
Mar 2005333,32650.377.15$25,459
Feb 2005513,03045.226.31$21,431
Jan 2005683,29743.166.32$23,779
Dec 2004423,44439.866.75$24,925
Nov 2004432,67345.286.33$18,868
Oct 2004482,62549.706.52$19,488
Sep 2004453,35743.245.28$19,684
Aug 2004373,27842.375.55$19,763
Jul 2004473,21238.286.08$21,342
Jun 2004413,14036.106.43$21,680
May 2004392,79037.486.49$19,582
Apr 2004202,43334.475.86$14,943
Mar 200401,98634.365.53$10,983
Feb 200401,90632.455.51$10,501
Jan 200402,01832.036.30$12,713
Dec 200301,64530.266.30$10,366
Nov 2003068928.804.60$3,166
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 2002079725.963.16$2,522
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002020524.663.58$735
Apr 20020023.653.51$0
Mar 200205222.003.10$161
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001152024.873.05$1,613
Jul 2001123,49523.933.20$11,461
Jun 200183,81524.563.82$14,786
May 200195,58025.524.31$24,265
Apr 200183,76924.685.34$20,306
Mar 2001164,27124.545.38$23,355
Feb 2001155,07027.755.77$29,655
Jan 2001265,69627.478.40$48,554
Dec 200005,32626.889.12$48,586
Nov 2000275,79332.215.66$33,646
Oct 2000175,84331.235.15$30,596
Sep 200025,52431.875.19$28,714
Aug 200025,49129.644.54$24,993
Jul 200015,29928.534.09$21,700
Jun 200035,45429.304.40$24,071
May 200025,50727.263.68$20,319
Apr 200072,68624.513.12$8,541
Mar 200006,59328.422.86$18,854
Feb 200006,42427.622.73$17,515
Jan 200006,72125.272.48$16,671
Dec 199906,70824.282.42$16,258
Nov 199906,34123.192.43$15,434
Oct 199906,92020.982.80$19,402
Sep 199906,72621.752.62$17,614
Aug 199906,97519.262.88$20,057
Jul 199907,00517.892.37$16,618
Jun 199906,77915.942.36$16,013
May 199907,53315.792.32$17,484
Apr 199907,27415.102.21$16,061
Mar 199907,52012.471.84$13,824
Feb 199907,1259.981.82$12,952
Jan 199908,17410.381.90$15,530
Dec 199808,0179.201.77$14,217
Nov 199807,43710.892.19$16,255
Oct 199807,97112.421.97$15,697
Sep 199808,00912.592.08$16,680
Aug 199807,84111.301.91$14,956
Jul 199807,96311.742.24$17,815
Jun 199808,18511.242.24$18,312
May 199809,22112.622.21$20,345
Apr 199809,41613.042.51$23,590
Mar 1998011,41512.802.31$26,362
Feb 1998010,02513.952.30$23,049
Jan 1998011,87214.702.15$25,582
Dec 1997012,66316.322.41$30,532
Nov 1997011,21218.193.09$34,626
Oct 1997012,31519.253.15$38,790
Sep 1997014,27717.742.95$42,187
Aug 1997012,75817.862.55$32,593
Jul 1997013,35817.582.25$30,015
Jun 1997014,61917.242.26$32,998
May 1997015,09318.972.31$34,842
Apr 1997014,30617.882.08$29,796
Mar 1997017,49518.951.94$33,925
Feb 1997016,28620.492.21$35,925
Jan 1997018,06123.483.54$63,931
Dec 1996019,00923.32$0
Nov 1996019,02021.97$0
Oct 1996020,28323.31$0
Sep 1996020,71022.22$0
Aug 1996027,91520.26$0
Jul 1996023,72819.55$0
Jun 1996020,58818.73$0
May 1996022,30219.43$0
Apr 1996024,19721.51$0
Mar 1996025,00619.38$0
Feb 1996025,24716.98$0
Jan 1996026,72217.07$0
Dec 1995025,32317.19$0
Nov 1995026,42016.00$0
Oct 1995037,12815.43$0
Sep 1995036,69516.18$0
Aug 1995037,54215.92$0
Jul 1995040,42515.24$0
Jun 1995041,38516.41$0
May 1995047,39317.56$0
Apr 1995058,05817.73$0
Mar 1995029,23616.44$0
Feb 19950016.58$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                1,743 Mcf  × $  3.05 =     $5,309

────────────────────────────────────────────────────
Month total                                   $5,309

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/154081 is the state's own key, not one this site invented.