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 158988District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Apr 1996 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
362
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 Gas111996-08-09135017
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
CondensateDisposition10,758 bbl$467,407
GasProduction1,370,081 Mcf$4,894,202
Total$5,361,609

192,987 Mcf of this lease's gas, across 9 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 32.2028, -94.2446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20277, -94.24458 · 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
9,625 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 9,625 ft.

Completions filed
Apr 1996
1 of 1 wells

1 well

42-365333171149,625 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 (362)

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

362 months

May 20260615106.413.05$1,873
Apr 2026047498.932.87$1,360
Mar 2026055789.753.15$1,754
Feb 2026029063.503.75$1,088
Jan 2026058759.138.00$4,695
Dec 2025064156.664.41$2,829
Nov 2025055258.593.93$2,167
Oct 2025058559.383.30$1,933
Sep 2025357062.743.08$1,942
Aug 2025588663.933.01$2,991
Jul 2025688766.743.32$3,341
Jun 2025688266.483.13$3,158
May 2025552460.553.23$1,996
Apr 2025758562.363.54$2,509
Mar 2025766667.704.27$3,317
Feb 2025215870.884.34$828
Jan 2025654774.324.28$2,786
Dec 2024856668.993.12$2,319
Nov 2024532969.052.20$1,069
Oct 2024645971.372.28$1,475
Sep 2024642769.612.36$1,427
Aug 2024545975.632.06$1,325
Jul 2024544279.932.15$1,348
Jun 2024444978.082.63$1,495
May 2024548978.812.20$1,469
Apr 2024744284.451.66$1,325
Mar 20241445880.301.55$1,832
Feb 20241142976.091.78$1,602
Jan 20241043373.023.30$2,158
Dec 20231145571.262.61$1,972
Nov 20231143077.892.81$2,064
Oct 20231544785.443.09$2,662
Sep 20231341789.042.74$2,298
Aug 20231542180.522.67$2,333
Jul 20231941374.852.64$2,513
Jun 20231448968.962.26$2,070
May 20231659470.622.23$2,453
Apr 20231549478.122.24$2,277
Mar 20231643972.852.39$2,216
Feb 20231437775.112.47$1,981
Jan 20231454976.533.39$2,931
Dec 20221568076.415.73$5,042
Nov 20221474685.005.65$5,402
Oct 20221682387.185.86$6,221
Sep 20221580884.888.16$7,869
Aug 20221784094.529.13$9,274
Jul 202215657101.587.54$6,479
Jun 202215677115.097.98$7,127
May 202214757109.378.43$7,915
Apr 202214790104.226.84$6,861
Mar 202218786108.885.08$5,950
Feb 20221552791.054.86$3,926
Jan 20221564781.844.54$4,163
Dec 20211769071.323.90$3,903
Nov 20211463377.435.24$4,399
Oct 20211257379.795.71$4,232
Sep 2021820969.865.35$1,677
Aug 20211539666.024.22$2,662
Jul 20211436270.783.98$2,432
Jun 20211063969.493.38$2,855
May 20211582663.483.02$3,445
Apr 2021111,13660.362.76$3,798
Mar 20211081761.302.72$2,833
Feb 20211178557.805.55$4,991
Jan 20211493650.412.81$3,336
Dec 20201393244.642.68$3,074
Nov 20201296238.772.71$3,069
Oct 2020899036.972.48$2,749
Sep 20201293937.091.99$2,315
Aug 2020111,24639.982.39$3,412
Jul 2020121,25538.371.83$2,751
Jun 202071,15334.901.69$2,193
May 2020121,21616.921.81$2,410
Apr 2020121,20814.751.80$2,357
Mar 2020121,35330.341.86$2,876
Feb 20201780949.881.98$2,450
Jan 20202092557.252.09$3,083
Dec 20192195959.012.30$3,449
Nov 20192253655.302.75$2,691
Oct 20192351653.472.42$2,478
Sep 20192374755.052.66$3,251
Aug 2019231,32353.112.30$4,270
Jul 2019251,21356.272.46$4,391
Jun 2019221,08452.782.49$3,862
May 2019151,12158.482.74$3,949
Apr 2019151,06762.632.75$3,874
Mar 20191494556.803.06$3,689
Feb 20191456050.852.79$2,276
Jan 20191582646.033.23$3,357
Dec 20181387746.594.19$4,276
Nov 20181678852.934.24$4,186
Oct 20181282461.443.40$3,537
Sep 20181382259.543.11$3,329
Aug 20181045959.403.07$2,002
Jul 20181384265.142.93$3,315
Jun 20181489560.183.08$3,596
May 20181394165.382.90$3,580
Apr 20181395163.842.90$3,589
Mar 20181777461.222.79$3,198
Feb 20181774961.782.77$3,122
Jan 20181720462.874.01$1,887
Dec 20171729657.272.92$1,838
Nov 20171733055.423.12$1,971
Oct 20171326449.292.98$1,428
Sep 20171323047.523.09$1,328
Aug 20171339145.373.00$1,765
Jul 20171344143.873.09$1,932
Jun 20171445642.493.09$2,003
May 20171566545.373.26$2,851
Apr 2017073447.933.21$2,357
Mar 2017082846.772.98$2,470
Feb 2017083950.452.95$2,477
Jan 2017089849.413.42$3,070
Dec 2016094148.763.72$3,503
Nov 2016073942.492.64$1,954
Oct 2016086046.193.09$2,658
Sep 2016095241.553.10$2,952
Aug 201601,34241.442.92$3,924
Jul 201601,14241.622.92$3,340
Jun 2016079445.352.69$2,133
May 201601,11442.521.99$2,218
Apr 201601,25936.561.99$2,507
Mar 201601,41833.011.79$2,544
Feb 201601,52126.472.06$3,139
Jan 201601,80027.352.36$4,256
Dec 201501,81832.362.00$3,639
Nov 201501,76338.792.17$3,821
Oct 201502,11043.552.43$5,120
Sep 201502,17742.992.76$6,005
Aug 201502,04540.162.87$5,874
Jul 201502,06648.152.95$6,085
Jun 201502,16856.152.88$6,250
May 201502,35355.212.96$6,954
Apr 201502,42349.822.71$6,558
Mar 201501,54042.892.93$4,519
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201405370.464.25$225
Oct 2014199978.303.90$3,975
Sep 201441,91886.164.05$8,104
Aug 201482,46089.394.04$10,642
Jul 2014122,11896.564.18$10,011
Jun 20141498598.164.74$6,040
May 2014191,94094.734.73$10,969
Apr 2014171,72995.944.81$9,946
Mar 2014222,20195.895.06$13,240
Feb 2014191,78697.406.19$12,910
Jan 2014182,33090.404.86$12,953
Dec 2013162,26891.824.35$11,345
Nov 2013122,48988.853.74$10,371
Oct 201373,17297.423.78$12,670
Sep 2013164,041104.113.72$16,689
Aug 201302,579104.253.52$9,085
Jul 201312,971102.523.72$11,148
Jun 201303,17494.403.93$12,485
May 2013122,52094.834.15$11,594
Apr 2013122,48693.964.28$11,774
Mar 2013142,64293.623.91$11,648
Feb 2013143,02391.233.42$11,616
Jan 2013132,80991.603.42$10,797
Dec 2012132,56686.773.42$9,904
Nov 201291,65086.953.62$6,764
Oct 20120389.383.40$10
Sep 201292,04794.672.92$6,826
Aug 2012132,85992.662.91$9,519
Jul 2012132,95185.133.02$10,021
Jun 2012122,97279.822.52$8,444
May 2012143,48991.612.49$9,964
Apr 2012122,812101.652.00$6,835
Mar 201282,097105.052.22$5,500
Feb 2012122,630101.102.57$7,973
Jan 201281,83098.092.73$5,788
Dec 201181,74796.873.24$6,435
Nov 201161,67695.723.31$6,124
Oct 201171,85784.983.65$7,370
Sep 201172,51183.623.99$10,594
Aug 201192,81683.404.15$12,435
Jul 2011103,23494.144.52$15,550
Jun 201193,35992.904.64$16,421
May 2011102,82698.134.40$13,429
Apr 2011223,020105.964.33$15,418
Mar 2011283,32396.364.06$16,181
Feb 2011242,98385.644.18$14,524
Jan 2011273,25986.504.59$17,290
Dec 2010283,22785.734.35$16,431
Nov 2010503,92880.843.80$18,950
Oct 2010483,57878.103.51$16,304
Sep 2010251,92372.633.98$9,468
Aug 2010312,35373.684.42$12,683
Jul 2010382,94772.554.74$16,715
Jun 2010433,14170.364.91$18,449
May 2010302,20471.124.24$11,468
Apr 2010292,02681.694.12$10,722
Mar 2010322,19878.394.39$12,155
Feb 2010261,68273.585.44$11,067
Jan 2010322,21874.365.96$15,608
Dec 2009432,99471.445.48$19,490
Nov 2009352,63774.593.75$12,503
Oct 2009363,01172.544.11$14,987
Sep 2009252,14865.543.06$8,222
Aug 2009332,78667.423.22$11,192
Jul 2009302,69461.133.46$11,167
Jun 2009302,62366.163.90$12,201
May 200921,73354.743.93$6,913
Apr 200902,00346.773.59$7,186
Mar 200903,31542.144.06$13,456
Feb 200901,88432.814.63$8,729
Jan 200942,48035.865.37$13,464
Dec 2008743,34937.105.98$22,763
Nov 2008902,92855.496.86$25,081
Oct 2008832,81075.246.92$25,696
Sep 2008642,189101.767.88$23,756
Aug 2008772,725114.228.48$31,911
Jul 2008913,207131.0811.39$48,454
Jun 2008872,976131.3313.03$50,211
May 20081343,825123.1711.57$60,776
Apr 20081103,577110.3110.45$49,531
Mar 2008631,648101.909.66$22,346
Feb 2008892,37892.538.77$29,092
Jan 2008992,81990.388.21$32,080
Dec 20071103,29888.337.30$33,798
Nov 2007241,66491.677.29$14,333
Oct 2007372,22982.856.92$18,495
Sep 2007673,19075.846.24$25,000
Aug 2007533,58469.066.39$26,555
Jul 2007634,70470.906.39$34,516
Jun 2007332,60862.007.55$21,732
May 2007503,65258.747.85$31,592
Apr 200703,69959.617.81$28,871
Mar 200704,41056.927.30$32,202
Feb 200704,53755.108.22$37,276
Jan 200704,61350.306.73$31,031
Dec 200602,21756.656.92$15,338
Nov 200602,35254.207.62$17,916
Oct 200602,79654.906.01$16,815
Sep 200601,65360.085.04$8,326
Aug 200604,25568.717.34$31,231
Jul 200604,47469.376.34$28,378
Jun 200604,06666.286.38$25,957
May 200604,38566.016.42$28,174
Apr 200604,80664.397.36$35,374
Mar 200604,75156.707.08$33,651
Feb 200604,21757.597.75$32,686
Jan 200604,59660.598.93$41,058
Dec 200504,25354.9413.42$57,056
Nov 200504,32454.6910.59$45,784
Oct 2005124,73258.3413.80$65,982
Sep 200584,13161.4512.08$50,390
Aug 2005126,21461.519.80$61,616
Jul 200572,99655.697.84$23,889
Jun 200584,21852.337.38$31,552
May 2005104,48545.226.65$30,283
Apr 2005135,58849.207.36$41,770
Mar 2005194,49650.377.15$33,125
Feb 2005224,68245.226.31$30,547
Jan 2005184,72543.166.32$30,649
Dec 200482,00339.866.75$13,841
Nov 200481,69545.286.33$11,092
Oct 2004173,58549.706.52$24,202
Sep 2004143,89243.245.28$21,170
Aug 2004185,23542.375.55$29,820
Jul 2004184,66538.286.08$29,072
Jun 2004224,25936.106.43$28,192
May 2004285,06237.486.49$33,925
Apr 20040034.475.86$0
Mar 200419234.365.53$543
Feb 2004233,88032.455.51$22,124
Jan 2004375,59632.036.30$36,438
Dec 2003325,02230.266.30$32,615
Nov 2003284,46928.804.60$21,342
Oct 2003223,71428.174.76$18,297
Sep 2003245,25526.314.75$25,589
Aug 2003143,61929.765.13$18,981
Jul 2003296,13529.415.17$32,576
Jun 2003837,18928.565.98$45,382
May 2003837,41826.595.97$46,512
Apr 20031127,77426.675.41$45,023
Mar 20031117,34631.146.10$48,238
Feb 20031677,10233.487.93$61,881
Jan 20031448,16830.315.58$49,959
Dec 200207,76026.914.85$37,665
Nov 200207,09724.664.14$29,360
Oct 200207,02126.464.23$29,693
Sep 200207,49427.443.64$27,242
Aug 200207,87425.963.16$24,915
Jul 200217,59124.583.06$23,266
Jun 2002102,93423.733.34$10,032
May 2002244,73024.663.58$17,544
Apr 2002397,42123.653.51$26,987
Mar 2002438,68422.003.10$27,890
Feb 2002487,86118.222.38$19,550
Jan 2002619,55917.172.38$23,757
Dec 2001203,62416.932.36$8,907
Nov 2001234,76418.072.41$11,876
Oct 200108,81719.782.53$22,297
Sep 200107,36024.262.25$16,570
Aug 200104,29624.873.05$13,116
Jul 200113,17723.933.20$10,181
Jun 2001184,84624.563.82$18,974
May 2001142,77325.524.31$12,301
Apr 2001163,04424.685.34$16,636
Mar 2001264,63724.545.38$25,569
Feb 2001213,05927.755.77$18,224
Jan 2001395,61727.478.40$48,247
Dec 2000385,65426.889.12$52,600
Nov 2000355,63532.215.66$33,010
Oct 2000426,77631.235.15$36,178
Sep 2000325,94631.875.19$31,859
Aug 2000448,29629.644.54$38,974
Jul 2000295,79228.534.09$24,515
Jun 2000458,41029.304.40$38,299
May 2000526,60627.263.68$25,726
Apr 2000718,03124.513.12$26,765
Mar 2000405,78328.422.86$17,675
Feb 2000334,37127.622.73$12,829
Jan 2000416,25625.272.48$16,554
Dec 1999467,77524.282.42$19,961
Nov 1999439,18523.192.43$23,353
Oct 1999387,22420.982.80$21,051
Sep 19994810,89321.752.62$29,571
Aug 1999327,32219.262.88$21,671
Jul 1999398,62517.892.37$21,159
Jun 1999438,31215.942.36$20,319
May 1999748,36515.792.32$20,584
Apr 1999608,44115.102.21$19,544
Mar 1999607,78212.471.84$15,054
Feb 1999606,9699.981.82$13,267
Jan 1999819,83710.381.90$19,531
Dec 1998567,7629.201.77$14,280
Nov 1998567,80910.892.19$17,678
Oct 1998638,33312.421.97$17,192
Sep 1998629,20412.592.08$19,949
Aug 19986611,10111.301.91$21,919
Jul 19986810,41311.742.24$24,095
Jun 19987610,74311.242.24$24,889
May 1998819,64312.622.21$22,298
Apr 19989610,40813.042.51$27,327
Mar 199811711,21612.802.31$27,400
Feb 199810310,37213.952.30$25,283
Jan 199812212,80314.702.15$29,381
Dec 199711613,85716.322.41$35,304
Nov 19979213,59318.193.09$43,652
Oct 19978312,27019.253.15$40,246
Sep 19977911,61117.742.95$35,711
Aug 19978412,45917.862.55$33,330
Jul 19978714,31717.582.25$33,699
Jun 19978712,46217.242.26$29,629
May 199712813,48718.972.31$33,563
Apr 199713413,71917.882.08$30,970
Mar 199716715,27018.951.94$32,775
Feb 199714012,87220.492.21$31,263
Jan 199717915,51423.483.54$59,118
Dec 199619317,02623.32$4,501
Nov 199616617,47421.97$3,647
Oct 199617419,85523.31$4,056
Sep 199617520,86722.22$3,889
Aug 199619423,66920.26$3,930
Jul 199622426,06419.55$4,379
Jun 199622626,54418.73$4,233
May 199630635,26719.43$5,946
Apr 1996646,22121.51$1,377

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                  615 Mcf  × $  3.05 =     $1,873

────────────────────────────────────────────────────
Month total                                   $1,873

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/158988 is the state's own key, not one this site invented.