CARTHAGE GAS 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 156204District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Sep 1995 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
369
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 Gas111995-12-14133703
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
CondensateDisposition4,932 bbl$231,292
GasProduction696,879 Mcf$2,761,736
Total$2,993,028

78,989 Mcf of this lease's gas, across 16 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 32.1996, -94.2578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19959, -94.25781 · 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
9,650 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 9,650 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-36533180629,650 ftSep 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 (369)

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

369 months

May 20260209106.413.05$637
Apr 2026020098.932.87$574
Mar 2026020789.753.15$652
Feb 2026035563.503.75$1,331
Jan 2026013759.138.00$1,096
Dec 2025032956.664.41$1,452
Nov 2025037058.593.93$1,453
Oct 2025048659.383.30$1,606
Sep 2025052162.743.08$1,603
Aug 2025054963.933.01$1,655
Jul 2025056166.743.32$1,860
Jun 2025041966.483.13$1,311
May 2025036760.553.23$1,186
Apr 2025037162.363.54$1,315
Mar 2025043867.704.27$1,870
Feb 2025039370.884.34$1,706
Jan 2025037774.324.28$1,613
Dec 2024038768.993.12$1,208
Nov 2024038469.052.20$844
Oct 2024039671.372.28$903
Sep 2024038469.612.36$908
Aug 2024038975.632.06$803
Jul 2024040379.932.15$865
Jun 2024041278.082.63$1,085
May 2024048078.812.20$1,055
Apr 2024947384.451.66$1,545
Mar 20242848780.301.55$3,001
Feb 20242346576.091.78$2,579
Jan 20242153473.023.30$3,294
Dec 20232455471.262.61$3,157
Nov 20232356377.892.81$3,372
Oct 20232960685.443.09$4,349
Sep 2023271,35989.042.74$6,121
Aug 2023301,35480.522.67$6,035
Jul 2023401,29574.852.64$6,415
Jun 2023281,06368.962.26$4,332
May 20233397370.622.23$4,498
Apr 2023311,30978.122.24$5,351
Mar 2023341,32072.852.39$5,636
Feb 2023301,28775.112.47$5,427
Jan 2023301,37976.533.39$6,968
Dec 2022341,18576.415.73$9,387
Nov 2022291,14685.005.65$8,936
Oct 2022301,18787.185.86$9,576
Sep 2022311,25284.888.16$12,852
Aug 2022351,23394.529.13$14,562
Jul 2022321,132101.587.54$11,788
Jun 2022311,204115.097.98$13,172
May 2022291,387109.378.43$14,868
Apr 2022281,294104.226.84$11,766
Mar 202237944108.885.08$8,821
Feb 20222990991.054.86$7,057
Jan 2022311,22281.844.54$8,082
Dec 2021351,43871.323.90$8,103
Nov 2021291,11577.435.24$8,085
Oct 2021291,40879.795.71$10,359
Sep 2021241,37869.865.35$9,050
Aug 2021321,84366.024.22$9,891
Jul 2021241,82870.783.98$8,978
Jun 202102,02669.493.38$6,849
May 202102,27963.483.02$6,877
Apr 202102,77960.362.76$7,666
Mar 202101,42161.302.72$3,861
Feb 2021086557.805.55$4,799
Jan 2021045850.412.81$1,287
Dec 2020059744.642.68$1,597
Nov 2020054038.772.71$1,462
Oct 2020067636.972.48$1,675
Sep 2020055237.091.99$1,099
Aug 2020058939.982.39$1,405
Jul 2020062938.371.83$1,148
Jun 2020065434.901.69$1,105
May 2020081416.921.81$1,477
Apr 2020094614.751.80$1,707
Mar 202001,24730.341.86$2,315
Feb 202001,29649.881.98$2,567
Jan 202001,35457.252.09$2,836
Dec 201901,39859.012.30$3,222
Nov 201901,50255.302.75$4,132
Oct 201901,64153.472.42$3,969
Sep 201901,63055.052.66$4,331
Aug 201901,55153.112.30$3,574
Jul 201901,60856.272.46$3,956
Jun 201901,62252.782.49$4,041
May 201901,42558.482.74$3,905
Apr 201901,38462.632.75$3,807
Mar 201901,70856.803.06$5,230
Feb 201901,52250.852.79$4,250
Jan 201901,75446.033.23$5,662
Dec 201801,72846.594.19$7,232
Nov 201801,78552.934.24$7,563
Oct 201801,98461.443.40$6,742
Sep 201801,79159.543.11$5,566
Aug 201801,87359.403.07$5,744
Jul 201801,30465.142.93$3,823
Jun 201801,23360.183.08$3,794
May 201801,27965.382.90$3,710
Apr 201801,19763.842.90$3,472
Mar 201801,57361.222.79$4,384
Feb 201801,46761.782.77$4,058
Jan 201801,45062.874.01$5,814
Dec 201701,72957.272.92$5,051
Nov 201701,51955.423.12$4,737
Oct 201701,53849.292.98$4,589
Sep 201701,61047.523.09$4,971
Aug 201702,15445.373.00$6,471
Jul 201701,97643.873.09$6,100
Jun 201701,89542.493.09$5,850
May 201702,42245.373.26$7,904
Apr 201702,12947.933.21$6,838
Mar 201702,29146.772.98$6,836
Feb 201701,62350.452.95$4,792
Jan 201701,75049.413.42$5,983
Dec 201601,46948.763.72$5,469
Nov 201601,56742.492.64$4,144
Oct 201611,74546.193.09$5,439
Sep 201652,04541.553.10$6,549
Aug 201602,00441.442.92$5,860
Jul 201601,95141.622.92$5,705
Jun 201601,97445.352.69$5,302
May 201601,88742.521.99$3,757
Apr 201601,90936.561.99$3,801
Mar 201601,93033.011.79$3,462
Feb 201601,84526.472.06$3,807
Jan 201601,19027.352.36$2,814
Dec 201501,93132.362.00$3,865
Nov 201501,60038.792.17$3,468
Oct 201501,57743.552.43$3,827
Sep 201501,37042.992.76$3,779
Aug 2015084840.162.87$2,436
Jul 201501,99048.152.95$5,861
Jun 201502,10456.152.88$6,066
May 201502,21455.212.96$6,543
Apr 201512,41649.822.71$6,589
Mar 201582,19242.892.93$6,776
Feb 201571,11444.662.98$3,628
Jan 2015101,37243.433.10$4,688
Dec 201491,07954.693.59$4,367
Nov 2014988470.464.25$4,393
Oct 2014975278.303.90$3,638
Sep 2014181,33486.164.05$6,948
Aug 2014262,30089.394.04$11,605
Jul 2014362,46796.564.18$13,787
Jun 2014422,40598.164.74$15,515
May 2014542,50694.734.73$16,960
Apr 2014482,32995.944.81$15,806
Mar 2014622,25495.895.06$17,343
Feb 2014512,16497.406.19$18,367
Jan 2014512,14290.404.86$15,022
Dec 2013452,37091.824.35$14,452
Nov 2013311,92688.853.74$9,954
Oct 2013182,83197.423.78$12,453
Sep 2013421,519104.113.72$10,020
Aug 201302,575104.253.52$9,071
Jul 201312,293102.523.72$8,627
Jun 201302,25294.403.93$8,858
May 2013222,48994.834.15$12,413
Apr 2013202,36793.964.28$12,016
Mar 2013232,52993.623.91$12,049
Feb 2013202,39891.233.42$10,026
Jan 2013232,68091.603.42$11,272
Dec 2012242,70486.773.42$11,331
Nov 2012262,78386.953.62$12,349
Oct 2012151,66189.383.40$6,988
Sep 2012212,54194.672.92$9,404
Aug 2012222,80192.662.91$10,184
Jul 201222,77485.133.02$8,550
Jun 201223,14579.822.52$8,082
May 201233,87291.612.49$9,910
Apr 201222,988101.652.00$6,170
Mar 201212,231105.052.22$5,063
Feb 201222,194101.102.57$5,841
Jan 201222,37598.092.73$6,690
Dec 201122,52396.873.24$8,368
Nov 201112,31195.723.31$7,748
Oct 201112,27584.983.65$8,385
Sep 201112,21683.623.99$8,916
Aug 201122,49183.404.15$10,503
Jul 201122,49294.144.52$11,445
Jun 201122,27792.904.64$10,751
May 201122,65798.134.40$11,900
Apr 201102,441105.964.33$10,578
Mar 201102,57696.364.06$10,452
Feb 201102,38585.644.18$9,969
Jan 201102,67286.504.59$12,261
Dec 201002,67185.734.35$11,613
Nov 201002,61380.843.80$9,917
Oct 201002,73478.103.51$9,593
Sep 201002,49972.633.98$9,945
Aug 201002,70173.684.42$11,937
Jul 201002,72572.554.74$12,907
Jun 201002,57870.364.91$12,659
May 201002,66471.124.24$11,283
Apr 201002,66881.694.12$10,999
Mar 201002,78478.394.39$12,218
Feb 201002,56373.585.44$13,949
Jan 201002,87474.365.96$17,141
Dec 200902,96971.445.48$16,281
Nov 200902,91174.593.75$10,921
Oct 200903,20172.544.11$13,157
Sep 200903,14965.543.06$9,651
Aug 200903,37167.423.22$10,850
Jul 200903,38661.133.46$11,731
Jun 200913,56766.163.90$13,960
May 2009194,27254.743.93$17,811
Apr 2009295,39346.773.59$20,704
Mar 2009040242.144.06$1,632
Feb 200902032.814.63$93
Jan 20090035.865.37$0
Dec 2008086637.105.98$5,176
Nov 200802,94555.496.86$20,204
Oct 200803,94775.246.92$27,321
Sep 200803,359101.767.88$26,459
Aug 200803,660114.228.48$31,048
Jul 200803,890131.0811.39$44,305
Jun 200803,586131.3313.03$46,735
May 200803,858123.1711.57$44,654
Apr 200803,656110.3110.45$38,223
Mar 200804,078101.909.66$39,410
Feb 200803,88092.538.77$34,030
Jan 200804,39390.388.21$36,048
Dec 200704,27488.337.30$31,209
Nov 200704,56791.677.29$33,301
Oct 200704,73182.856.92$32,748
Sep 200704,84475.846.24$30,247
Aug 200705,12569.066.39$32,738
Jul 200705,58070.906.39$35,645
Jun 200705,60262.007.55$42,286
May 200706,31558.747.85$49,549
Apr 200706,77059.617.81$52,841
Mar 200707,86556.927.30$57,430
Feb 200708,26055.108.22$67,864
Jan 200709,54950.306.73$64,235
Dec 200601,55456.656.92$10,751
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200605856.707.08$411
Feb 2006062457.597.75$4,837
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005061854.6910.59$6,544
Oct 200501,30658.3413.80$18,017
Sep 200501,48661.4512.08$17,949
Aug 2005096261.519.80$9,425
Jul 2005090255.697.84$7,075
Jun 2005070152.337.38$5,174
May 200501,44545.226.65$9,611
Apr 2005154649.207.36$4,068
Mar 2005461,77450.377.15$15,010
Feb 20051541645.226.31$3,304
Jan 2005301,07143.166.32$8,066
Dec 20041761139.866.75$4,803
Nov 20041653645.286.33$4,118
Oct 2004785849.706.52$5,938
Sep 2004985443.245.28$4,902
Aug 2004111,09842.375.55$6,561
Jul 2004141,27638.286.08$8,299
Jun 2004141,34436.106.43$9,151
May 2004161,34037.486.49$9,302
Apr 2004964834.475.86$4,107
Mar 20042171834.365.53$4,692
Feb 2004371,46732.455.51$9,283
Jan 20041033132.036.30$2,405
Dec 20031343430.266.30$3,128
Nov 20032694228.804.60$5,077
Oct 20031457628.174.76$3,136
Sep 2003939426.314.75$2,108
Aug 20031248429.765.13$2,840
Jul 20031673729.415.17$4,281
Jun 20032493128.565.98$6,256
May 20032075426.595.97$5,035
Apr 2003331,00126.675.41$6,293
Mar 20033294831.146.10$6,776
Feb 20032748433.487.93$4,740
Jan 20033894330.315.58$6,416
Dec 20022667126.914.85$3,957
Nov 20023495224.664.14$4,777
Oct 2002341,16426.464.23$5,822
Sep 2002431,58527.443.64$6,942
Aug 2002291,32525.963.16$4,945
Jul 2002201,00424.583.06$3,566
Jun 20021498823.733.34$3,630
May 2002111,08124.663.58$4,146
Apr 2002131,17023.653.51$4,417
Mar 2002181,77622.003.10$5,906
Feb 20021399018.222.38$2,589
Jan 2002171,23217.172.38$3,219
Dec 2001181,27516.932.36$3,319
Nov 2001241,56118.072.41$4,189
Oct 2001311,71019.782.53$4,938
Sep 2001221,25024.262.25$3,348
Aug 2001301,88524.873.05$6,501
Jul 2001321,51723.933.20$5,616
Jun 2001341,17824.563.82$5,340
May 2001451,54425.524.31$7,799
Apr 2001441,52424.685.34$9,217
Mar 2001431,35924.545.38$8,362
Feb 2001431,17227.755.77$7,952
Jan 2001571,46127.478.40$13,836
Dec 20003997526.889.12$9,943
Nov 2000551,56532.215.66$10,626
Oct 2000461,30231.235.15$8,136
Sep 2000391,27431.875.19$7,851
Aug 2000391,26329.644.54$6,891
Jul 2000431,57128.534.09$7,652
Jun 2000341,12329.304.40$5,934
May 2000441,41327.263.68$6,399
Apr 20002767724.513.12$2,771
Mar 2000491,66728.422.86$6,160
Feb 2000321,06327.622.73$3,782
Jan 200032,02225.272.48$5,091
Dec 199932,64724.282.42$6,488
Nov 199922,01523.192.43$4,951
Oct 199922,16920.982.80$6,123
Sep 199911,55221.752.62$4,086
Aug 199911,75719.262.88$5,072
Jul 199921,67117.892.37$4,000
Jun 1999251,43115.942.36$3,779
May 1999411,56615.792.32$4,282
Apr 1999351,62515.102.21$4,117
Mar 1999421,83812.471.84$3,903
Feb 1999321,2739.981.82$2,633
Jan 1999411,65510.381.90$3,570
Dec 1998381,5569.201.77$3,109
Nov 1998502,02010.892.19$4,960
Oct 1998572,16612.421.97$4,973
Sep 1998552,39612.592.08$5,682
Aug 1998452,22011.301.91$4,743
Jul 1998452,03711.742.24$5,086
Jun 1998132,22511.242.24$5,124
May 199831,88512.622.21$4,197
Apr 199842,35913.042.51$5,962
Mar 199852,39212.802.31$5,588
Feb 199841,97013.952.30$4,585
Jan 199842,10114.702.15$4,586
Dec 199731,33916.322.41$3,277
Nov 199772,77418.193.09$8,694
Oct 199772,41219.253.15$7,732
Sep 199772,15317.742.95$6,486
Aug 199772,47517.862.55$6,448
Jul 199772,43317.582.25$5,590
Jun 199772,43917.242.26$5,626
May 199782,59018.972.31$6,131
Apr 199772,36417.882.08$5,049
Mar 1997103,02318.951.94$6,052
Feb 199782,27220.492.21$5,176
Jan 199792,42323.483.54$8,788
Dec 1996102,69723.32$233
Nov 1996172,83321.97$373
Oct 1996223,10523.31$513
Sep 1996233,36722.22$511
Aug 1996253,73420.26$507
Jul 1996304,34719.55$587
Jun 1996233,29118.73$431
May 1996405,19819.43$777
Apr 1996754,81921.51$1,613
Mar 1996875,16819.38$1,686
Feb 1996844,69016.98$1,426
Jan 19961456,82017.07$2,475
Dec 19951678,21617.19$2,871
Nov 199509,61916.00$0
Oct 1995010,52015.43$0
Sep 1995056516.18$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                  209 Mcf  × $  3.05 =       $637

────────────────────────────────────────────────────
Month total                                     $637

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/156204 is the state's own key, not one this site invented.