PANOLA 2 UNIT

Operated by CR2 ENERGY LLC (P-5 101608) 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 157183District 06Field 16032174CondensateGasSave
Value, all time
$3.4 M
Dec 1995 – May 2026
Value, last 12 filed months
$789
at the published price for each month
Months reported
366
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition9,398 bbl$249,471
GasProduction960,088 Mcf$3,171,233
Total$3,420,704

203,117 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 32.0291, -94.3347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02912, -94.33474 · 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
9,700 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 9,700 ft.

Completions filed
Dec 1995
1 of 1 wells

1 well

42-3653325259,700 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 2026038106.413.05$116
Apr 202605798.932.87$164
Mar 202608689.753.15$271
Feb 202603963.503.75$146
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202502859.383.30$93
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202402669.052.20$57
Oct 202404071.372.28$91
Sep 2024017269.612.36$407
Aug 2024067075.632.06$1,383
Jul 2024083979.932.15$1,801
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021037661.302.72$1,022
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201526540.162.87$267
Jul 20151148.152.95$51
Jun 201512156.152.88$117
May 2015144655.212.96$1,373
Apr 2015057749.822.71$1,562
Mar 2015111,43942.892.93$4,695
Feb 201501,11244.662.98$3,310
Jan 2015189943.433.10$2,831
Dec 2014183054.693.59$3,036
Nov 20141265370.464.25$3,622
Oct 20140078.303.90$0
Sep 2014037186.164.05$1,501
Aug 201412889.394.04$202
Jul 201413096.564.18$1,255
Jun 20140498.164.74$19
May 2014094994.734.73$4,486
Apr 201402,17295.944.81$10,445
Mar 2014201,66495.895.06$10,332
Feb 2014099197.406.19$6,136
Jan 2014087890.404.86$4,268
Dec 20131877391.824.35$5,019
Nov 201307588.853.74$280
Oct 2013021697.423.78$816
Sep 20131127104.113.72$576
Aug 20131193104.253.52$784
Jul 20132268102.523.72$1,201
Jun 20132498794.403.93$6,148
May 201311,15494.834.15$4,883
Apr 2013087593.964.28$3,747
Mar 20132695593.623.91$6,171
Feb 2013085791.233.42$2,931
Jan 2013180991.603.42$2,858
Dec 2012194886.773.42$3,329
Nov 20121126486.953.62$1,913
Oct 2012061289.383.40$2,081
Sep 201242094.672.92$3,976
Aug 201214792.662.91$229
Jul 2012130785.133.02$1,013
Jun 201211,16579.822.52$3,015
May 2012057791.612.49$1,436
Apr 201233659101.652.00$4,670
Mar 201212,855105.052.22$6,449
Feb 2012302,368101.102.57$9,119
Jan 201232,33298.092.73$6,670
Dec 2011171,84496.873.24$7,621
Nov 201112,17795.723.31$7,304
Oct 2011121,97984.983.65$8,240
Sep 201111,07783.623.99$4,376
Aug 2011178283.404.15$3,328
Jul 201101,79894.144.52$8,122
Jun 201191,79792.904.64$9,174
May 201191,94598.134.40$9,451
Apr 2011101,872105.964.33$9,172
Mar 2011112,09296.364.06$9,548
Feb 2011112,16985.644.18$10,008
Jan 20111199786.504.59$5,527
Dec 201021,89185.734.35$8,393
Nov 201091,81780.843.80$7,624
Oct 201001,87578.103.51$6,579
Sep 201011,89672.633.98$7,618
Aug 201081,92773.684.42$9,106
Jul 201091,97772.554.74$10,017
Jun 201011,08970.364.91$5,418
May 201091,23971.124.24$5,888
Apr 201001,05081.694.12$4,329
Mar 201001,39778.394.39$6,131
Feb 201001,38373.585.44$7,527
Jan 201002,22174.365.96$13,246
Dec 200902,08171.445.48$11,412
Nov 200901,06674.593.75$3,999
Oct 2009078872.544.11$3,239
Sep 200921,26665.543.06$4,011
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009014154.743.93$554
Apr 2009121646.773.59$822
Mar 2009124542.144.06$1,037
Feb 2009020732.814.63$959
Jan 2009089835.865.37$4,823
Dec 2008018137.105.98$1,082
Nov 2008114955.496.86$1,078
Oct 2008128475.246.92$2,041
Sep 20080574101.767.88$4,521
Aug 20080463114.228.48$3,928
Jul 20080614131.0811.39$6,993
Jun 200802,266131.3313.03$29,532
May 200891,559123.1711.57$19,153
Apr 200861,979110.3110.45$21,352
Mar 2008191,841101.909.66$19,728
Feb 2008281,86292.538.77$18,922
Jan 2008172,20090.388.21$19,589
Dec 2007402,04388.337.30$18,451
Nov 20072679591.677.29$8,180
Oct 2007201,69582.856.92$13,390
Sep 2007162,45875.846.24$16,562
Aug 2007112,48769.066.39$16,646
Jul 2007142,41570.906.39$16,419
Jun 2007182,58962.007.55$20,659
May 2007202,51858.747.85$20,932
Apr 2007211,66959.617.81$14,279
Mar 200702,34056.927.30$17,087
Feb 2007232,42355.108.22$21,175
Jan 200702,84350.306.73$19,124
Dec 2006233,66656.656.92$26,666
Nov 2006233,83654.207.62$30,467
Oct 200602,82054.906.01$16,959
Sep 2006242,44360.085.04$13,748
Aug 2006221,19568.717.34$10,283
Jul 200602,19569.376.34$13,922
Jun 2006212,53966.286.38$17,601
May 2006213,13766.016.42$21,541
Apr 200613,13764.397.36$23,154
Mar 2006193,23556.707.08$23,991
Feb 2006202,93057.597.75$23,863
Jan 2006203,23460.598.93$30,102
Dec 200503,14654.9413.42$42,205
Nov 2005243,05154.6910.59$33,618
Oct 200503,27558.3413.80$45,181
Sep 2005272,91361.4512.08$36,845
Aug 2005273,28061.519.80$33,794
Jul 200503,19555.697.84$25,060
Jun 2005213,11052.337.38$24,054
May 2005153,27645.226.65$22,468
Apr 200503,19349.207.36$23,502
Mar 2005293,38350.377.15$25,666
Feb 2005162,44345.226.31$16,144
Jan 200503,57043.166.32$22,570
Dec 2004203,45239.866.75$24,102
Nov 2004153,20145.286.33$20,943
Oct 2004322,82949.706.52$20,022
Sep 2004283,40943.245.28$19,224
Aug 200403,45942.375.55$19,200
Jul 2004323,61238.286.08$23,201
Jun 2004383,48436.106.43$23,784
May 200423,59437.486.49$23,416
Apr 2004403,08434.475.86$19,446
Mar 200433,52134.365.53$19,575
Feb 2004363,38832.455.51$19,835
Jan 2004323,73632.036.30$24,560
Dec 2003443,67630.266.30$24,496
Nov 2003303,76628.804.60$18,169
Oct 2003323,96528.174.76$19,773
Sep 2003323,78226.314.75$18,804
Aug 200314,07929.765.13$20,954
Jul 2003373,81129.415.17$20,794
Jun 2003293,80328.565.98$23,581
May 2003364,01826.595.97$24,955
Apr 2003363,82126.675.41$21,621
Mar 2003824,28631.146.10$28,681
Feb 2003373,97833.487.93$32,768
Jan 2003374,35530.315.58$25,431
Dec 2002374,27526.914.85$21,745
Nov 2002413,68924.664.14$16,272
Oct 2002484,16226.464.23$18,872
Sep 200214,32227.443.64$15,739
Aug 2002404,55125.963.16$15,438
Jul 2002474,61824.583.06$15,294
Jun 2002424,34623.733.34$15,505
May 2002484,50824.663.58$17,340
Apr 2002484,70423.653.51$17,657
Mar 2002514,65822.003.10$15,574
Feb 2002984,24318.222.38$11,866
Jan 2002494,89917.172.38$12,480
Dec 2001484,90716.932.36$12,415
Nov 2001974,81718.072.41$13,340
Oct 2001555,04819.782.53$13,854
Sep 2001554,92324.262.25$12,418
Aug 2001544,83724.873.05$16,111
Jul 20011045,51223.933.20$20,111
Jun 2001624,90124.563.82$20,265
May 20011075,10425.524.31$24,715
Apr 2001544,93224.685.34$27,647
Mar 2001475,13524.545.38$28,761
Feb 2001874,85427.755.77$30,408
Jan 2001445,54327.478.40$47,763
Dec 2000905,34826.889.12$51,206
Nov 2000395,30032.215.66$31,244
Oct 2000345,51831.235.15$29,455
Sep 2000345,66031.875.19$30,439
Aug 2000315,74029.644.54$26,983
Jul 2000326,28428.534.09$26,613
Jun 2000665,81529.304.40$27,504
May 2000396,48427.263.68$24,923
Apr 2000747,17424.513.12$24,168
Mar 2000396,04028.422.86$18,381
Feb 2000775,72927.622.73$17,747
Jan 2000386,18425.272.48$16,300
Dec 1999706,61424.282.42$17,730
Nov 1999406,06623.192.43$15,692
Oct 1999326,35520.982.80$18,489
Sep 1999296,76421.752.62$18,345
Aug 1999296,56319.262.88$19,431
Jul 1999336,59217.892.37$16,229
Jun 1999317,07615.942.36$17,208
May 1999327,37515.792.32$17,623
Apr 19991027,17815.102.21$17,390
Mar 1999637,42712.471.84$14,439
Feb 19991266,2359.981.82$12,591
Jan 19991186,93910.381.90$14,409
Dec 1998647,0589.201.77$13,105
Nov 19981076,88210.892.19$16,207
Oct 1998727,22112.421.97$15,114
Sep 1998667,34712.592.08$16,132
Aug 1998717,67111.301.91$15,434
Jul 19981387,59911.742.24$18,621
Jun 19981457,59311.242.24$18,617
May 19981258,33812.622.21$19,974
Apr 1998537,17613.042.51$18,669
Mar 19981647,47712.802.31$19,367
Feb 19981637,24513.952.30$18,931
Jan 19981108,67814.702.15$20,316
Dec 19971628,82416.322.41$23,919
Nov 19971398,76418.193.09$29,594
Oct 1997719,21119.253.15$30,380
Sep 1997939,05917.742.95$28,418
Aug 1997969,58517.862.55$26,202
Jul 1997999,83517.582.25$23,839
Jun 19971109,74017.242.26$23,882
May 199715310,41218.972.31$26,939
Apr 199716410,29917.882.08$24,383
Mar 199712610,85618.951.94$23,439
Feb 199713210,05120.492.21$24,876
Jan 19977111,45123.483.54$42,200
Dec 199613811,90623.32$3,218
Nov 199613812,09421.97$3,032
Oct 199613013,55723.31$3,030
Sep 19968013,65322.22$1,778
Aug 199617614,60820.26$3,566
Jul 19967015,06719.55$1,369
Jun 199615615,19818.73$2,922
May 199623616,71719.43$4,585
Apr 199630816,71421.51$6,625
Mar 199632119,19719.38$6,221
Feb 199631420,62716.98$5,332
Jan 199622325,30017.07$3,807
Dec 199508,47917.19$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                   38 Mcf  × $  3.05 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/157183 is the state's own key, not one this site invented.