CARTHAGE GAS UNIT

Name: CARTHAGE GAS UNIT lease production and value, Sep 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) 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 156342District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Sep 1995 – Apr 2008

Value, last 12 filed months

at the published price for each month

Months reported

152

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-05-10	134677
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	9,152 bbl	$202,180
Gas	Production	682,398 Mcf	$1,856,518
Total			$2,058,698

161,135 Mcf of this lease's gas, across 11 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 32.1937, -94.2550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19371, -94.25500 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,645 ft

1 wells filed one

Completion to plug

12.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 9,645 ft.

Completions filed

Mar 1996

1 of 1 wells

Plug dates filed

Apr 2008

1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36533170	64	9,645 ft	Mar 1996	Apr 2008	Yes

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 (152)

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

152 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	39	54.90	6.01	$235
Sep 2006	0	82	60.08	5.04	$413
Aug 2006	0	130	68.71	7.34	$954
Jul 2006	1	77	69.37	6.34	$558
Jun 2006	4	327	66.28	6.38	$2,353
May 2006	22	1,708	66.01	6.42	$12,426
Apr 2006	27	2,092	64.39	7.36	$17,137
Mar 2006	33	2,307	56.70	7.08	$18,211
Feb 2006	26	1,643	57.59	7.75	$14,232
Jan 2006	24	1,868	60.59	8.93	$18,142
Dec 2005	24	1,883	54.94	13.42	$26,580
Nov 2005	37	2,659	54.69	10.59	$30,178
Oct 2005	25	2,570	58.34	13.80	$36,914
Sep 2005	16	2,070	61.45	12.08	$25,987
Aug 2005	24	3,099	61.51	9.80	$31,837
Jul 2005	20	2,399	55.69	7.84	$19,931
Jun 2005	3	325	52.33	7.38	$2,556
May 2005	10	1,135	45.22	6.65	$8,001
Apr 2005	22	2,562	49.20	7.36	$19,940
Mar 2005	12	1,369	50.37	7.15	$10,399
Feb 2005	1	84	45.22	6.31	$575
Jan 2005	2	326	43.16	6.32	$2,147
Dec 2004	16	2,211	39.86	6.75	$15,564
Nov 2004	19	2,363	45.28	6.33	$15,819
Oct 2004	23	2,726	49.70	6.52	$18,903
Sep 2004	33	2,782	43.24	5.28	$16,127
Aug 2004	1	0	42.37	5.55	$42
Jul 2004	20	1,493	38.28	6.08	$9,849
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	2	0	34.47	5.86	$69
Mar 2004	46	2,858	34.36	5.53	$17,386
Feb 2004	39	2,608	32.45	5.51	$15,635
Jan 2004	49	2,927	32.03	6.30	$20,009
Dec 2003	41	2,574	30.26	6.30	$17,461
Nov 2003	38	2,327	28.80	4.60	$11,787
Oct 2003	38	2,719	28.17	4.76	$14,012
Sep 2003	28	4,096	26.31	4.75	$20,190
Aug 2003	17	2,928	29.76	5.13	$15,526
Jul 2003	16	2,763	29.41	5.17	$14,758
Jun 2003	30	2,920	28.56	5.98	$18,327
May 2003	34	3,430	26.59	5.97	$21,390
Apr 2003	48	3,806	26.67	5.41	$21,860
Mar 2003	31	2,258	31.14	6.10	$14,730
Feb 2003	66	3,156	33.48	7.93	$27,224
Jan 2003	60	3,828	30.31	5.58	$23,187
Dec 2002	86	3,843	26.91	4.85	$20,967
Nov 2002	108	3,224	24.66	4.14	$16,001
Oct 2002	94	3,396	26.46	4.23	$16,849
Sep 2002	88	3,360	27.44	3.64	$14,629
Aug 2002	82	3,847	25.96	3.16	$14,301
Jul 2002	61	3,207	24.58	3.06	$11,318
Jun 2002	48	1,975	23.73	3.34	$7,732
May 2002	36	1,139	24.66	3.58	$4,970
Apr 2002	61	1,938	23.65	3.51	$8,250
Mar 2002	7	571	22.00	3.10	$1,926
Feb 2002	10	1,294	18.22	2.38	$3,256
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	59	24.87	3.05	$180
Jul 2001	0	105	23.93	3.20	$336
Jun 2001	0	103	24.56	3.82	$394
May 2001	3	494	25.52	4.31	$2,204
Apr 2001	4	514	24.68	5.34	$2,841
Mar 2001	27	3,396	24.54	5.38	$18,921
Feb 2001	40	4,408	27.75	5.77	$26,531
Jan 2001	52	5,068	27.47	8.40	$43,993
Dec 2000	42	4,110	26.88	9.12	$38,622
Nov 2000	48	5,208	32.21	5.66	$31,013
Oct 2000	52	5,612	31.23	5.15	$30,501
Sep 2000	46	5,802	31.87	5.19	$31,558
Aug 2000	43	5,419	29.64	4.54	$25,881
Jul 2000	41	5,665	28.53	4.09	$24,338
Jun 2000	54	5,635	29.30	4.40	$26,361
May 2000	72	5,943	27.26	3.68	$23,831
Apr 2000	82	5,883	24.51	3.12	$20,341
Mar 2000	57	5,211	28.42	2.86	$16,522
Feb 2000	64	5,580	27.62	2.73	$16,982
Jan 2000	62	5,319	25.27	2.48	$14,761
Dec 1999	61	5,864	24.28	2.42	$15,694
Nov 1999	44	5,188	23.19	2.43	$13,648
Oct 1999	54	5,900	20.98	2.80	$17,675
Sep 1999	50	6,389	21.75	2.62	$17,819
Aug 1999	45	5,737	19.26	2.88	$17,364
Jul 1999	52	6,502	17.89	2.37	$16,355
Jun 1999	54	6,816	15.94	2.36	$16,961
May 1999	61	6,890	15.79	2.32	$16,955
Apr 1999	47	6,517	15.10	2.21	$15,100
Mar 1999	58	7,388	12.47	1.84	$14,305
Feb 1999	64	7,532	9.98	1.82	$14,330
Jan 1999	59	7,007	10.38	1.90	$13,925
Dec 1998	74	8,920	9.20	1.77	$16,499
Nov 1998	102	8,162	10.89	2.19	$18,951
Oct 1998	116	8,600	12.42	1.97	$18,376
Sep 1998	108	9,154	12.59	2.08	$20,424
Aug 1998	110	10,458	11.30	1.91	$21,190
Jul 1998	100	8,668	11.74	2.24	$20,567
Jun 1998	114	9,141	11.24	2.24	$21,732
May 1998	109	9,629	12.62	2.21	$22,620
Apr 1998	115	9,176	13.04	2.51	$24,489
Mar 1998	144	10,287	12.80	2.31	$25,600
Feb 1998	106	7,871	13.95	2.30	$19,575
Jan 1998	129	10,037	14.70	2.15	$23,524
Dec 1997	138	10,433	16.32	2.41	$27,407
Nov 1997	141	11,555	18.19	3.09	$38,250
Oct 1997	135	11,073	19.25	3.15	$37,477
Sep 1997	134	10,943	17.74	2.95	$34,712
Aug 1997	141	11,638	17.86	2.55	$32,250
Jul 1997	131	11,864	17.58	2.25	$28,961
Jun 1997	136	11,143	17.24	2.26	$27,497
May 1997	158	11,726	18.97	2.31	$30,067
Apr 1997	162	11,746	17.88	2.08	$27,361
Mar 1997	188	12,056	18.95	1.94	$26,941
Feb 1997	177	11,559	20.49	2.21	$29,125
Jan 1997	209	12,839	23.48	3.54	$50,354
Dec 1996	222	13,797	23.32	—	$5,177
Nov 1996	186	13,045	21.97	—	$4,086
Oct 1996	213	14,678	23.31	—	$4,965
Sep 1996	202	14,494	22.22	—	$4,488
Aug 1996	207	15,216	20.26	—	$4,194
Jul 1996	230	16,210	19.55	—	$4,497
Jun 1996	212	15,249	18.73	—	$3,971
May 1996	277	17,559	19.43	—	$5,382
Apr 1996	506	17,992	21.51	—	$10,884
Mar 1996	573	19,744	19.38	—	$11,105
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	3,151	16.18	—	$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.

Oct 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 54.90 =         $0
Gas                   39 Mcf  × $  6.01 =       $235

────────────────────────────────────────────────────
Month total                                     $235

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/156342 is the state's own key, not one this site invented.