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 157054District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Dec 1995 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
366
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 Gas111996-03-13134018
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
CondensateDisposition11,607 bbl$530,365
GasProduction1,537,048 Mcf$6,569,547
Total$7,099,912

178,287 Mcf of this lease's gas, across 13 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 32.2191, -94.2614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21910, -94.26141 · 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
9,630 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 9,630 ft.

Completions filed
Dec 1995
1 of 1 wells

1 well

42-36533233949,630 ftDec 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 (366)

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

366 months

May 20260320106.413.05$975
Apr 202601,41498.932.87$4,058
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025012566.743.32$414
Jun 2025014466.483.13$451
May 202509160.553.23$294
Apr 202504162.363.54$145
Mar 202509867.704.27$418
Feb 20250070.884.34$0
Jan 202506574.324.28$278
Dec 2024017468.993.12$543
Nov 2024042169.052.20$926
Oct 2024020371.372.28$463
Sep 20241431169.612.36$1,710
Aug 20245237375.632.06$4,702
Jul 20244551879.932.15$4,709
Jun 20241820078.082.63$1,932
May 20245353178.812.20$5,344
Apr 20242813884.451.66$2,594
Mar 20244332580.301.55$3,955
Feb 20243129076.091.78$2,876
Jan 20241653573.023.30$2,933
Dec 2023214271.262.61$513
Nov 2023112377.892.81$423
Oct 2023918485.443.09$1,337
Sep 2023281,77489.042.74$7,345
Aug 2023322,88980.522.67$10,299
Jul 2023424,64674.852.64$15,418
Jun 2023464968.962.26$1,742
May 2023929270.622.23$1,286
Apr 20231476678.122.24$2,808
Mar 20232659072.852.39$3,306
Feb 2023361,88875.112.47$7,359
Jan 2023464,15776.533.39$17,603
Dec 2022494,14376.415.73$27,480
Nov 2022454,42185.005.65$28,787
Oct 2022504,45887.185.86$30,500
Sep 2022484,25984.888.16$38,843
Aug 2022553,81194.529.13$39,982
Jul 2022493,715101.587.54$32,996
Jun 2022383,891115.097.98$35,413
May 202205,837109.378.43$49,224
Apr 202205,436104.226.84$37,169
Mar 202205,147108.885.08$26,128
Feb 202204,69291.054.86$22,798
Jan 202206,11281.844.54$27,734
Dec 202106,90971.323.90$26,939
Nov 202102,32877.435.24$12,191
Oct 202107379.795.71$417
Sep 2021016969.865.35$904
Aug 202108166.024.22$342
Jul 2021031170.783.98$1,238
Jun 2021038869.493.38$1,312
May 2021078763.483.02$2,375
Apr 2021085960.362.76$2,369
Mar 2021095361.302.72$2,589
Feb 2021083557.805.55$4,633
Jan 202101,26650.412.81$3,558
Dec 202001,14644.642.68$3,066
Nov 2020089338.772.71$2,417
Oct 202001,24436.972.48$3,083
Sep 202001,69237.091.99$3,369
Aug 202001,90639.982.39$4,546
Jul 202001,62038.371.83$2,957
Jun 2020096634.901.69$1,633
May 2020078916.921.81$1,432
Apr 2020070314.751.80$1,268
Mar 2020060830.341.86$1,129
Feb 2020059749.881.98$1,182
Jan 2020058857.252.09$1,232
Dec 2019054259.012.30$1,249
Nov 2019075155.302.75$2,066
Oct 2019082653.472.42$1,998
Sep 2019087855.052.66$2,333
Aug 2019095253.112.30$2,194
Jul 2019088456.272.46$2,175
Jun 2019671352.782.49$2,093
May 20192593458.482.74$4,021
Apr 20191991762.632.75$3,712
Mar 20191275556.803.06$2,993
Feb 2019251,06650.852.79$4,248
Jan 2019221,48146.033.23$5,794
Dec 2018191,51746.594.19$7,235
Nov 2018231,51552.934.24$7,637
Oct 2018181,62261.443.40$6,618
Sep 2018201,49459.543.11$5,834
Aug 2018191,51959.403.07$5,787
Jul 2018201,51365.142.93$5,739
Jun 2018201,57360.183.08$6,044
May 2018191,76265.382.90$6,353
Apr 2018201,70263.842.90$6,214
Mar 2018261,92661.222.79$6,959
Feb 2018271,87161.782.77$6,843
Jan 2018282,09062.874.01$10,140
Dec 2017272,07057.272.92$7,594
Nov 2017271,72155.423.12$6,863
Oct 2017241,72949.292.98$6,342
Sep 2017261,72147.523.09$6,549
Aug 2017241,74845.373.00$6,341
Jul 2017242,06343.873.09$7,422
Jun 2017232,11442.493.09$7,504
May 2017282,47745.373.26$9,354
Apr 2017312,63447.933.21$9,945
Mar 201702,73646.772.98$8,163
Feb 201702,51350.452.95$7,420
Jan 201702,96449.413.42$10,133
Dec 201602,89848.763.72$10,789
Nov 201602,56442.492.64$6,780
Oct 201603,07746.193.09$9,509
Sep 201602,78941.553.10$8,648
Aug 201603,42441.442.92$10,013
Jul 201603,38041.622.92$9,884
Jun 201602,91845.352.69$7,837
May 201603,65142.521.99$7,269
Apr 201603,53336.561.99$7,034
Mar 201602,66033.011.79$4,772
Feb 201603,22226.472.06$6,649
Jan 201603,35827.352.36$7,940
Dec 201503,91732.362.00$7,840
Nov 201503,31338.792.17$7,180
Oct 201503,39343.552.43$8,233
Sep 201503,31242.992.76$9,136
Aug 201503,07340.162.87$8,827
Jul 201503,36848.152.95$9,919
Jun 201502,58556.152.88$7,452
May 201503,54255.212.96$10,468
Apr 201512,10449.822.71$5,744
Mar 2015142,93342.892.93$9,208
Feb 2015122,41044.662.98$7,709
Jan 2015162,93743.433.10$9,801
Dec 2014154,02054.693.59$15,258
Nov 2014153,68370.464.25$16,716
Oct 2014173,66078.303.90$15,609
Sep 2014183,51986.164.05$15,787
Aug 2014183,71389.394.04$16,591
Jul 2014203,87196.564.18$18,110
Jun 2014193,73198.164.74$19,538
May 2014223,98594.734.73$20,919
Apr 2014183,58295.944.81$18,953
Mar 2014233,82995.895.06$21,568
Feb 2014203,56297.406.19$24,004
Jan 2014223,97390.404.86$21,300
Dec 2013233,97891.824.35$19,434
Nov 2013234,02488.853.74$17,086
Oct 2013224,10097.423.78$17,639
Sep 2013213,903104.113.72$16,697
Aug 2013244,439104.253.52$18,139
Jul 2013244,922102.523.72$20,759
Jun 2013214,63294.403.93$20,202
May 2013254,26194.834.15$20,050
Apr 2013244,16893.964.28$20,105
Mar 2013436,91093.623.91$31,064
Feb 2013376,74591.233.42$26,443
Jan 2013427,34691.603.42$28,970
Dec 2012376,37786.773.42$25,021
Nov 2012365,48886.953.62$23,024
Oct 2012593289.383.40$3,615
Sep 2012264,78794.672.92$16,432
Aug 2012162,96392.662.91$10,099
Jul 201282,62385.133.02$8,605
Jun 2012114,00979.822.52$10,977
May 2012124,84691.612.49$13,158
Apr 201282,875101.652.00$6,554
Mar 2012124,429105.052.22$11,102
Feb 2012134,511101.102.57$12,909
Jan 2012124,33798.092.73$13,035
Dec 2011134,77696.873.24$16,732
Nov 201183,37195.723.31$11,928
Oct 2011145,44584.983.65$21,056
Sep 201143,34183.623.99$13,651
Aug 201164,92083.404.15$20,915
Jul 201174,36194.144.52$20,359
Jun 201165,31592.904.64$25,218
May 201164,22698.134.40$19,204
Apr 2011186,660105.964.33$30,767
Mar 2011227,26696.364.06$31,601
Feb 2011123,81785.644.18$16,983
Jan 2011206,51886.504.59$31,640
Dec 2010165,14385.734.35$23,732
Nov 2010154,97580.843.80$20,094
Oct 2010165,21778.103.51$19,555
Sep 2010176,21972.633.98$25,983
Aug 2010113,67673.684.42$17,056
Jul 2010134,49972.554.74$22,253
Jun 2010185,77370.364.91$29,614
May 2010154,80271.124.24$21,404
Apr 2010196,15281.694.12$26,915
Mar 2010175,53378.394.39$25,615
Feb 2010133,82473.585.44$21,768
Jan 2010113,44774.365.96$21,376
Dec 2009206,27171.445.48$35,817
Nov 2009196,25674.593.75$24,887
Oct 2009257,02072.544.11$30,667
Sep 2009266,54665.543.06$21,766
Aug 2009255,95067.423.22$20,836
Jul 2009256,52461.133.46$24,131
Jun 2009255,83466.163.90$24,377
May 2009356,32154.743.93$26,731
Apr 2009406,54546.773.59$25,351
Mar 2009467,48742.144.06$32,328
Feb 2009152,03232.814.63$9,906
Jan 2009355,70735.865.37$31,907
Dec 2008355,47537.105.98$34,023
Nov 2008366,69655.496.86$47,935
Oct 2008438,43975.246.92$61,650
Sep 2008295,747101.767.88$48,221
Aug 2008357,387114.228.48$66,662
Jul 2008234,712131.0811.39$56,682
Jun 2008295,801131.3313.03$79,411
May 2008305,876123.1711.57$71,706
Apr 2008133,923110.3110.45$42,448
Mar 2008195,543101.909.66$55,504
Feb 2008195,39492.538.77$49,067
Jan 2008216,23390.388.21$53,044
Dec 2007296,77788.337.30$52,047
Nov 2007285,50391.677.29$42,693
Oct 2007305,11082.856.92$37,857
Sep 2007415,36375.846.24$36,597
Aug 2007366,81769.066.39$46,033
Jul 2007336,74070.906.39$45,394
Jun 2007306,69162.007.55$52,367
May 200706,89558.747.85$54,100
Apr 200704,36359.617.81$34,054
Mar 200704,64756.927.30$33,932
Feb 200707,85755.108.22$64,553
Jan 200705,14850.306.73$34,630
Dec 200625,37556.656.92$37,300
Nov 20061165,20854.207.62$45,959
Oct 20061535,31654.906.01$40,369
Sep 20061704,97960.085.04$35,294
Aug 20062057,43068.717.34$68,621
Jul 20062407,24069.376.34$62,570
Jun 2006326,78266.286.38$45,416
May 2006275,29966.016.42$35,828
Apr 2006285,41464.397.36$41,653
Mar 2006315,43656.707.08$40,260
Feb 2006304,81957.597.75$39,080
Jan 2006367,04960.598.93$65,152
Dec 2005336,55554.9413.42$89,751
Nov 2005305,33954.6910.59$58,172
Oct 2005205,94158.3413.80$83,127
Sep 2005155,37561.4512.08$65,846
Aug 2005207,00661.519.80$69,867
Jul 2005247,55755.697.84$60,611
Jun 2005155,47952.337.38$41,226
May 2005247,80145.226.65$52,971
Apr 2005227,00649.207.36$52,650
Mar 2005486,98550.377.15$52,395
Feb 2005775,12245.226.31$35,812
Jan 20051088,76643.166.32$60,082
Dec 20041118,82639.866.75$64,009
Nov 20041018,27845.286.33$56,977
Oct 2004308,65149.706.52$57,853
Sep 2004215,26543.245.28$28,728
Aug 2004288,24442.375.55$46,946
Jul 2004296,32638.286.08$39,599
Jun 20041977,65236.106.43$56,337
May 20042528,63837.486.49$65,545
Apr 20042518,00634.475.86$55,555
Mar 20042437,57034.365.53$50,213
Feb 20042207,46332.455.51$48,257
Jan 20042758,28832.036.30$61,020
Dec 20032798,51730.266.30$62,114
Nov 200341512,71628.804.60$70,384
Oct 200349319,90328.174.76$108,619
Sep 200322940,02726.314.75$196,128
Aug 20033116,23929.765.13$84,224
Jul 200361,98429.415.17$10,435
Jun 200372,08328.565.98$12,662
May 200392,64426.595.97$16,031
Apr 2003122,81726.675.41$15,552
Mar 2003132,98231.146.10$18,583
Feb 2003152,09433.487.93$17,099
Jan 2003142,69530.315.58$15,468
Dec 2002182,48126.914.85$12,527
Nov 2002182,45524.664.14$10,600
Oct 2002162,73426.464.23$11,986
Sep 2002162,74727.443.64$10,425
Aug 2002143,03025.963.16$9,951
Jul 2002143,02924.583.06$9,618
Jun 2002313,10223.733.34$11,091
May 2002473,69324.663.58$14,395
Apr 2002554,36723.653.51$16,639
Mar 20021178322.003.10$2,671
Feb 2002513,31818.222.38$8,812
Jan 2002745,79317.172.38$15,033
Dec 2001284,25216.932.36$10,527
Nov 2001444818.072.41$1,150
Oct 2001252,86619.782.53$7,742
Sep 2001242,81524.262.25$6,920
Aug 2001212,84124.873.05$9,196
Jul 2001213,05123.933.20$10,257
Jun 200102,75224.563.82$10,524
May 200173,10625.524.31$13,557
Apr 200173,40924.685.34$18,361
Mar 200172,93424.545.38$15,946
Feb 200172,51627.755.77$14,704
Jan 200182,68927.478.40$22,804
Dec 200072,53926.889.12$23,350
Nov 200072,70832.215.66$15,547
Oct 200082,93831.235.15$15,367
Sep 200083,36631.875.19$17,713
Aug 200083,31229.644.54$15,276
Jul 200084,14528.534.09$17,180
Jun 200072,99529.304.40$13,375
May 2000233,39927.263.68$13,134
Apr 2000263,21424.513.12$10,652
Mar 2000182,87528.422.86$8,733
Feb 2000182,61327.622.73$7,622
Jan 2000293,06225.272.48$8,328
Dec 1999333,90124.282.42$10,256
Nov 1999355,19923.192.43$13,466
Oct 1999314,12220.982.80$12,207
Sep 1999304,73421.752.62$13,050
Aug 1999325,04719.262.88$15,129
Jul 1999324,89817.892.37$12,192
Jun 1999264,09815.942.36$10,094
May 1999344,15215.792.32$10,174
Apr 1999274,15915.102.21$9,591
Mar 1999243,35812.471.84$6,472
Feb 1999293,6329.981.82$6,892
Jan 1999324,11710.381.90$8,154
Dec 1998264,5519.201.77$8,310
Nov 1998113,20010.892.19$7,114
Oct 1998154,20812.421.97$8,473
Sep 1998144,52112.592.08$9,592
Aug 1998145,25011.301.91$10,172
Jul 1998134,32111.742.24$9,820
Jun 1998175,33411.242.24$12,125
May 1998345,75112.622.21$13,118
Apr 1998294,31413.042.51$11,186
Mar 1998354,67812.802.31$11,252
Feb 1998425,99813.952.30$14,376
Jan 1998365,25214.702.15$11,846
Dec 1997404,92316.322.41$12,523
Nov 1997465,19118.193.09$16,868
Oct 1997404,39219.253.15$14,604
Sep 1997515,64817.742.95$17,594
Aug 1997465,11517.862.55$13,889
Jul 1997475,87617.582.25$14,029
Jun 1997404,47517.242.26$10,791
May 1997485,69118.972.31$14,048
Apr 1997404,97717.882.08$11,081
Mar 1997363,93818.951.94$8,319
Feb 1997283,08320.492.21$7,375
Jan 1997363,75023.483.54$14,119
Dec 1996545,57423.32$1,259
Nov 1996719,12121.97$1,560
Oct 19966810,12123.31$1,585
Sep 19966510,26622.22$1,444
Aug 19966911,10820.26$1,398
Jul 19967411,33119.55$1,447
Jun 19966810,58618.73$1,274
May 19969313,25619.43$1,807
Apr 199610913,65021.51$2,345
Mar 199613615,84219.38$2,636
Feb 199616919,00116.98$2,870
Jan 199620718,91617.07$3,533
Dec 199530529,51517.19$5,243

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                  320 Mcf  × $  3.05 =       $975

────────────────────────────────────────────────────
Month total                                     $975

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/157054 is the state's own key, not one this site invented.