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 158531District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Feb 1996 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
364
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 Gas111996-07-17134781
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
CondensateDisposition9,424 bbl$479,070
GasProduction721,127 Mcf$1,616,118
Total$2,095,188

192,444 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 32.2046, -94.2612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20464, -94.26123 · 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
Apr 1996
1 of 1 wells

1 well

42-3653318156-F9,630 ftApr 1996

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 (364)

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

364 months

May 202611,187106.413.05$3,722
Apr 202601,13898.932.87$3,266
Mar 202601,19289.753.15$3,754
Feb 2026088463.503.75$3,315
Jan 202601,12659.138.00$9,006
Dec 202501,29756.664.41$5,724
Nov 202501,22358.593.93$4,802
Oct 202501,21059.383.30$3,999
Sep 202501,17862.743.08$3,625
Aug 202501,20663.933.01$3,636
Jul 202501,18266.743.32$3,919
Jun 202501,26566.483.13$3,958
May 202501,23360.553.23$3,985
Apr 202501,20362.363.54$4,262
Mar 202501,32167.704.27$5,638
Feb 202501,13770.884.34$4,936
Jan 2025099974.324.28$4,274
Dec 2024098968.993.12$3,087
Nov 2024095169.052.20$2,091
Oct 202401,01671.372.28$2,318
Sep 2024097569.612.36$2,305
Aug 202401,05375.632.06$2,173
Jul 2024098179.932.15$2,106
Jun 202401,04178.082.63$2,742
May 202401,11178.812.20$2,442
Apr 202461,01584.451.66$2,191
Mar 2024191,07180.301.55$3,181
Feb 2024161,01476.091.78$3,026
Jan 2024141,03773.023.30$4,442
Dec 2023161,10371.262.61$4,020
Nov 2023151,01077.892.81$4,004
Oct 2023201,10285.443.09$5,111
Sep 2023181,10189.042.74$4,614
Aug 2023201,16680.522.67$4,727
Jul 2023271,13574.852.64$5,019
Jun 2023191,09868.962.26$3,790
May 2023221,23270.622.23$4,298
Apr 2023201,15678.122.24$4,149
Mar 2023221,08872.852.39$4,206
Feb 20232089475.112.47$3,707
Jan 2023201,01576.533.39$4,969
Dec 20222191976.415.73$6,870
Nov 20221998785.005.65$7,188
Oct 20222193287.185.86$7,296
Sep 20222085884.888.16$8,702
Aug 20222394494.529.13$10,790
Jul 202221886101.587.54$8,815
Jun 202274869115.097.98$15,449
May 2022282984109.378.43$39,140
Apr 2022268989104.226.84$34,693
Mar 20223561,125108.885.08$44,472
Feb 202226496591.054.86$28,726
Jan 202219772581.844.54$19,412
Dec 202112742671.323.90$10,719
Nov 20219435977.435.24$9,158
Oct 20219648379.795.71$10,420
Sep 20218838169.865.35$8,186
Aug 202111752066.024.22$9,919
Jul 202110534670.783.98$8,810
Jun 20218745269.493.38$7,574
May 202111536663.483.02$8,405
Apr 20219946560.362.76$7,258
Mar 20219237961.302.72$6,669
Feb 20216835357.805.55$5,889
Jan 20217737650.412.81$4,938
Dec 20204230744.642.68$2,696
Nov 20203224338.772.71$1,898
Oct 20202224736.972.48$1,426
Sep 20202423037.091.99$1,348
Aug 2020105939.982.39$541
Jul 20201217638.371.83$782
Jun 20205034.901.69$175
May 20204011416.921.81$884
Apr 20205241114.751.80$1,509
Mar 20205247930.341.86$2,467
Feb 20209140849.881.98$5,347
Jan 202013331357.252.09$8,270
Dec 201917860559.012.30$11,898
Nov 201921045155.302.75$12,854
Oct 201912151153.472.42$7,706
Sep 201912444155.052.66$7,998
Aug 20196622953.112.30$4,033
Jul 201912828656.272.46$7,906
Jun 20199325652.782.49$5,546
May 20192910858.482.74$1,992
Apr 20194017562.632.75$2,987
Mar 20196225456.803.06$4,299
Feb 201910537050.852.79$6,372
Jan 20198331046.033.23$4,821
Dec 20187426846.594.19$4,569
Nov 20186820852.934.24$4,481
Oct 201810823861.443.40$7,444
Sep 201811729959.543.11$7,895
Aug 20189531359.403.07$6,603
Jul 20186225765.142.93$4,792
Jun 20185416760.183.08$3,764
May 20186223765.382.90$4,741
Apr 20183512963.842.90$2,609
Mar 20183314161.222.79$2,413
Feb 20182220461.782.77$1,923
Jan 20182226262.874.01$2,434
Dec 20172530057.272.92$2,308
Nov 20174227555.423.12$3,185
Oct 20172833949.292.98$2,392
Sep 20173839847.523.09$3,035
Aug 20171847845.373.00$2,253
Jul 20171633243.873.09$1,727
Jun 20172241542.493.09$2,216
May 20171946145.373.26$2,366
Apr 20173031247.933.21$2,440
Mar 2017045046.772.98$1,343
Feb 2017037750.452.95$1,113
Jan 2017037649.413.42$1,285
Dec 2016042048.763.72$1,564
Nov 2016042142.492.64$1,113
Oct 2016038346.193.09$1,184
Sep 2016038241.553.10$1,184
Aug 2016033041.442.92$965
Jul 2016036841.622.92$1,076
Jun 2016033945.352.69$911
May 2016047542.521.99$946
Apr 2016049736.561.99$990
Mar 2016022433.011.79$402
Feb 2016045226.472.06$933
Jan 2016028927.352.36$683
Dec 2015034932.362.00$698
Nov 2015056238.792.17$1,218
Oct 2015065343.552.43$1,585
Sep 2015061942.992.76$1,707
Aug 2015054640.162.87$1,568
Jul 2015067548.152.95$1,988
Jun 2015055356.152.88$1,594
May 2015060355.212.96$1,782
Apr 2015255749.822.71$1,607
Mar 2015254942.892.93$1,697
Feb 2015246744.662.98$1,479
Jan 2015249643.433.10$1,625
Dec 2014269954.693.59$2,620
Nov 2014261770.464.25$2,764
Oct 2014272678.303.90$2,989
Sep 2014269586.164.05$2,984
Aug 2014271189.394.04$3,048
Jul 2014259796.564.18$2,688
Jun 2014260098.164.74$3,038
May 2014369494.734.73$3,564
Apr 2014276895.944.81$3,885
Mar 2014337795.895.06$2,194
Feb 2014368697.406.19$4,540
Jan 2014356490.404.86$3,013
Dec 2013265691.824.35$3,040
Nov 2013269388.853.74$2,768
Oct 2013168197.423.78$2,671
Sep 20132485104.113.72$2,011
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013023494.403.93$920
May 2013054894.834.15$2,274
Apr 2013033593.964.28$1,435
Mar 2013026893.623.91$1,049
Feb 2013026291.233.42$896
Jan 2013038691.603.42$1,320
Dec 2012035186.773.42$1,200
Nov 2012038686.953.62$1,399
Oct 2012011189.383.40$377
Sep 2012027294.672.92$794
Aug 201201692.662.91$47
Jul 2012024485.133.02$737
Jun 2012025279.822.52$635
May 2012048291.612.49$1,199
Apr 2012056101.652.00$112
Mar 2012064105.052.22$142
Feb 20120163101.102.57$419
Jan 2012040698.092.73$1,110
Dec 2011019896.873.24$641
Nov 20110995.723.31$30
Oct 2011025384.983.65$923
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
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 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
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 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200202,11318.222.38$5,020
Jan 200204,55017.172.38$10,809
Dec 200115,07716.932.36$12,021
Nov 2001214,78118.072.41$11,880
Oct 2001325,32419.782.53$14,097
Sep 2001264,40324.262.25$10,543
Aug 2001254,77924.873.05$15,213
Jul 2001275,29023.933.20$17,559
Jun 2001275,07224.563.82$20,059
May 2001234,40125.524.31$19,543
Apr 2001264,89824.685.34$26,774
Mar 2001325,55024.545.38$30,625
Feb 2001375,62227.755.77$33,449
Jan 2001375,22227.478.40$44,875
Dec 2000375,13626.889.12$47,848
Nov 2000355,27932.215.66$30,996
Oct 2000385,98131.235.15$31,962
Sep 2000305,47831.875.19$29,368
Aug 2000335,89629.644.54$27,750
Jul 2000306,04028.534.09$25,558
Jun 2000286,38329.304.40$28,888
May 2000256,23727.263.68$23,632
Apr 2000255,31924.513.12$17,187
Mar 2000215,58428.422.86$16,566
Feb 2000215,24827.622.73$14,889
Jan 2000305,82725.272.48$15,212
Dec 1999285,97324.282.42$15,157
Nov 1999235,95323.192.43$15,023
Oct 1999307,24920.982.80$20,953
Sep 1999256,98621.752.62$18,839
Aug 1999267,40019.262.88$21,780
Jul 1999267,08817.892.37$17,281
Jun 1999316,77115.942.36$16,488
May 1999376,09315.792.32$14,726
Apr 1999326,49615.102.21$14,827
Mar 1999376,90212.471.84$13,150
Feb 1999376,1949.981.82$11,629
Jan 1999447,69310.381.90$15,073
Dec 1998437,9269.201.77$14,451
Nov 1998207,94110.892.19$17,575
Oct 1998218,93812.421.97$17,862
Sep 1998167,97512.592.08$16,810
Aug 1998158,35611.301.91$16,107
Jul 1998136,19811.742.24$14,019
Jun 1998427,72411.242.24$17,753
May 1998437,47112.622.21$17,026
Apr 1998487,65413.042.51$19,802
Mar 1998547,62112.802.31$18,291
Feb 1998497,17013.952.30$17,168
Jan 1998548,37914.702.15$18,849
Dec 1997538,06316.322.41$20,306
Nov 1997579,82318.193.09$31,373
Oct 1997519,03619.253.15$29,444
Sep 1997468,06917.742.95$24,659
Aug 1997539,43117.862.55$25,040
Jul 19975210,16017.582.25$23,743
Jun 1997518,89017.242.26$20,946
May 19976010,34018.972.31$25,008
Apr 19976710,27117.882.08$22,590
Mar 19978211,06518.951.94$23,010
Feb 19977510,35820.492.21$24,385
Jan 19978611,13923.483.54$41,448
Dec 19969111,78123.32$2,122
Nov 19968712,53121.97$1,911
Oct 19969413,56623.31$2,191
Sep 19969313,98222.22$2,066
Aug 199610115,59820.26$2,046
Jul 199611416,64419.55$2,229
Jun 199611817,30418.73$2,210
May 199618224,75919.43$3,536
Apr 199624428,06621.51$5,248
Mar 199626734,86719.38$5,174
Feb 1996263,34616.98$441

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             1 bbl  × $106.41 =       $106
Gas                1,187 Mcf  × $  3.05 =     $3,615

────────────────────────────────────────────────────
Month total                                   $3,722

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/158531 is the state's own key, not one this site invented.