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 159639District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jul 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
359
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 Gas111996-10-11135488
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
CondensateDisposition8,726 bbl$390,147
GasProduction1,393,321 Mcf$5,297,263
Total$5,687,410

146,571 Mcf of this lease's gas, across 6 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 32.1854, -94.2584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18536, -94.25839 · 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
9,640 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 9,640 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-36533194769,640 ftJul 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 (359)

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

359 months

May 202600106.413.05$0
Apr 20260098.932.87$0
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 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 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 20210061.302.72$0
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 201802660.183.08$80
May 201803865.382.90$110
Apr 201844663.842.90$389
Mar 201858461.222.79$540
Feb 201854661.782.77$436
Jan 201853562.874.01$455
Dec 201755357.272.92$441
Nov 201755755.423.12$455
Oct 201747049.292.98$406
Sep 201758647.523.09$503
Aug 2017415645.373.00$650
Jul 2017420343.873.09$802
Jun 2017416242.493.09$670
May 2017522945.373.26$974
Apr 2017922547.933.21$1,154
Mar 20174616346.772.98$2,638
Feb 20173317250.452.95$2,173
Jan 20173522449.413.42$2,495
Dec 20163323348.763.72$2,477
Nov 20163321442.492.64$1,968
Oct 20163325946.193.09$2,325
Sep 20162927041.553.10$2,042
Aug 2016020841.442.92$608
Jul 2016024641.622.92$719
Jun 2016038645.352.69$1,037
May 2016067042.521.99$1,334
Apr 201601,49136.561.99$2,969
Mar 201601,62033.011.79$2,906
Feb 201601,62326.472.06$3,349
Jan 201601,80227.352.36$4,261
Dec 201501,89132.362.00$3,785
Nov 201502,05038.792.17$4,443
Oct 201502,30643.552.43$5,596
Sep 201502,18842.992.76$6,035
Aug 201502,52140.162.87$7,242
Jul 201502,80148.152.95$8,249
Jun 201503,07756.152.88$8,871
May 201523,14155.212.96$9,393
Apr 2015232,83149.822.71$8,808
Mar 2015234,04742.892.93$12,863
Feb 2015183,29844.662.98$10,619
Jan 2015224,08943.433.10$13,634
Dec 2014113954.693.59$554
Nov 2014630470.464.25$1,715
Oct 2014262,02678.303.90$9,939
Sep 2014362,62186.164.05$13,705
Aug 2014432,48989.394.04$13,887
Jul 2014562,38996.564.18$15,392
Jun 2014542,70898.164.74$18,128
May 2014532,34694.734.73$16,109
Apr 2014343,94995.944.81$22,253
Mar 2014295,52295.895.06$30,704
Feb 2014155,05097.406.19$32,731
Jan 2014564390.404.86$3,577
Dec 20130091.824.35$0
Nov 20136688.853.74$556
Oct 2013191897.423.78$1,919
Sep 201300104.113.72$0
Aug 201303104.253.52$11
Jul 201310102.523.72$103
Jun 20133855594.403.93$5,770
May 2013462,03194.834.15$12,789
Apr 2013441,99793.964.28$12,687
Mar 2013532,23993.623.91$13,723
Feb 2013502,37391.233.42$12,677
Jan 2013632,90191.603.42$15,692
Dec 2012542,44086.773.42$13,031
Nov 2012722,95386.953.62$16,965
Oct 2012301,35589.383.40$7,288
Sep 2012632,99394.672.92$14,699
Aug 2012693,43192.662.91$16,371
Jul 2012192,94885.133.02$10,523
Jun 2012223,66579.822.52$10,988
May 2012111,95891.612.49$5,880
Apr 2012132,058101.652.00$5,431
Mar 2012162,751105.052.22$7,794
Feb 2012152,362101.102.57$7,587
Jan 2012223,49098.092.73$11,700
Dec 2011253,91696.873.24$15,109
Nov 2011173,27395.723.31$12,465
Oct 2011244,20484.983.65$17,378
Sep 2011101,37783.623.99$6,325
Aug 2011133,61783.404.15$16,092
Jul 2011154,15894.144.52$20,195
Jun 2011143,87592.904.64$19,280
May 2011142,02898.134.40$10,307
Apr 2011173,023105.964.33$14,901
Mar 2011223,51896.364.06$16,394
Feb 2011203,23485.644.18$15,231
Jan 2011243,69986.504.59$19,050
Dec 2010233,70985.734.35$18,098
Nov 2010243,75980.843.80$16,207
Oct 2010284,55878.103.51$18,180
Sep 2010172,98872.633.98$13,125
Aug 2010142,13073.684.42$10,445
Jul 2010244,48772.554.74$22,994
Jun 2010681270.364.91$4,409
May 2010131,92471.124.24$9,073
Apr 2010274,33881.694.12$20,090
Mar 2010193,08778.394.39$15,037
Feb 20102073.585.44$147
Jan 2010233,82974.365.96$24,547
Dec 2009141,64771.445.48$10,032
Nov 2009413,52074.593.75$16,263
Oct 2009444,10772.544.11$20,073
Sep 2009444,37965.543.06$16,304
Aug 2009434,02167.423.22$15,841
Jul 2009464,65361.133.46$18,932
Jun 2009434,01566.163.90$18,483
May 2009525,07954.743.93$22,785
Apr 2009383,34546.773.59$13,777
Mar 2009454,02442.144.06$18,230
Feb 2009231,77432.814.63$8,974
Jan 2009484,36235.865.37$25,150
Dec 2008322,83537.105.98$18,132
Nov 2008244,29055.496.86$30,763
Oct 2008265,13575.246.92$37,501
Sep 2008224,458101.767.88$37,355
Aug 2008214,303114.228.48$38,901
Jul 2008234,801131.0811.39$57,695
Jun 2008224,419131.3313.03$60,480
May 2008254,772123.1711.57$58,312
Apr 2008225,416110.3110.45$59,050
Mar 2008173,251101.909.66$33,150
Feb 2008244,77592.538.77$44,100
Jan 2008193,95390.388.21$34,154
Dec 2007233,77988.337.30$29,626
Nov 2007195,25291.677.29$40,038
Oct 2007113,48782.856.92$25,048
Sep 2007204,94675.846.24$32,400
Aug 2007155,47569.066.39$36,010
Jul 2007124,64670.906.39$30,529
Jun 2007124,73962.007.55$36,516
May 2007235,51258.747.85$44,600
Apr 2007585,78159.617.81$48,579
Mar 2007595,60356.927.30$44,271
Feb 2007494,03855.108.22$35,876
Jan 2007674,87850.306.73$36,184
Dec 2006463,76756.656.92$28,668
Nov 2006565,45354.207.62$44,573
Oct 2006515,72454.906.01$37,223
Sep 2006575,46760.085.04$30,963
Aug 2006495,79068.717.34$45,865
Jul 2006585,58369.376.34$39,435
Jun 2006545,57366.286.38$39,156
May 2006605,67366.016.42$40,410
Apr 2006635,84264.397.36$47,056
Mar 2006584,85856.707.08$37,697
Feb 2006685,25057.597.75$44,610
Jan 2006585,47060.598.93$52,379
Dec 2005575,38654.9413.42$75,387
Nov 2005584,94854.6910.59$55,563
Oct 2005436,09458.3413.80$86,580
Sep 2005184,52861.4512.08$55,800
Aug 2005197,26261.519.80$72,313
Jul 2005155,06555.697.84$40,563
Jun 2005134,93252.337.38$37,084
May 2005217,03945.226.65$47,767
Apr 2005175,36549.207.36$40,325
Mar 2005486,74850.377.15$50,699
Feb 2005676,98545.226.31$47,119
Jan 2005121,42743.166.32$9,540
Dec 20040039.866.75$0
Nov 2004151,30145.286.33$8,915
Oct 2004426,45349.706.52$44,129
Sep 2004156,40143.245.28$34,471
Aug 20041042.375.55$42
Jul 2004187,03738.286.08$43,503
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20041034.475.86$34
Mar 2004206,41234.365.53$36,146
Feb 2004196,53732.455.51$36,633
Jan 2004237,30132.036.30$46,730
Dec 2003154,67030.266.30$29,883
Nov 2003165,02128.804.60$23,533
Oct 2003285,79728.174.76$28,380
Sep 2003868,88926.314.75$44,480
Aug 2003526,48929.765.13$34,834
Jul 2003557,45529.415.17$40,166
Jun 2003495,68228.565.98$35,395
May 2003343,82426.595.97$23,744
Apr 2003665,88426.675.41$33,577
Mar 2003827,31131.146.10$47,122
Feb 2003814,49133.487.93$38,307
Jan 2003705,15830.315.58$30,914
Dec 2002865,68926.914.85$29,927
Nov 2002704,76424.664.14$21,435
Oct 2002746,17426.464.23$28,069
Sep 2002746,65027.443.64$26,205
Aug 2002586,20225.963.16$21,130
Jul 2002485,83224.583.06$19,036
Jun 2002455,66623.733.34$19,982
May 2002445,15624.663.58$19,564
Apr 2002384,40723.653.51$16,377
Mar 2002896822.003.10$3,179
Feb 2002171,55418.222.38$4,002
Jan 2002676,03017.172.38$15,476
Dec 2001485,82116.932.36$14,576
Nov 200103,49718.072.41$8,412
Oct 200106,33719.782.53$16,026
Sep 200101,23624.262.25$2,783
Aug 200112,48224.873.05$7,603
Jul 2001112,28223.933.20$7,559
Jun 2001423,11424.563.82$12,940
May 20011047,85325.524.31$36,479
Apr 2001211,58124.685.34$8,953
Mar 20010024.545.38$0
Feb 20013027.755.77$83
Jan 2001643,87827.478.40$34,328
Dec 2000155,70626.889.12$52,456
Nov 2000156,62232.215.66$37,950
Oct 2000166,89631.235.15$35,983
Sep 2000136,49331.875.19$34,090
Aug 2000126,05829.644.54$27,864
Jul 2000126,17128.534.09$25,580
Jun 2000236,72529.304.40$30,245
May 2000448,72727.263.68$33,313
Apr 2000406,74924.513.12$22,010
Mar 2000193,78228.422.86$11,356
Feb 2000498,59327.622.73$24,782
Jan 20001707,78225.272.48$23,599
Dec 19991407,03124.282.42$20,440
Nov 19991147,15123.192.43$20,049
Oct 19991257,14920.982.80$22,666
Sep 19991187,94521.752.62$23,373
Aug 19991097,37819.262.88$23,316
Jul 19991368,94317.892.37$23,649
Jun 199915010,07615.942.36$26,192
May 199918111,44315.792.32$29,417
Apr 19991108,48515.102.21$20,396
Mar 199914910,71012.471.84$21,547
Feb 199916510,7139.981.82$21,121
Jan 199921114,08510.381.90$28,951
Dec 199823816,6419.201.77$31,699
Nov 199814016,08410.892.19$36,680
Oct 199812915,04612.421.97$31,231
Sep 19989412,48312.592.08$27,181
Aug 19988312,28111.301.91$24,362
Jul 19989012,52411.742.24$29,076
Jun 1998012,33211.242.24$27,590
May 1998017,07112.622.21$37,664
Apr 1998010,38813.042.51$26,025
Mar 1998012,20312.802.31$28,182
Feb 1998011,92913.952.30$27,426
Jan 1998012,28414.702.15$26,469
Dec 1997013,14316.322.41$31,689
Nov 1997013,55118.193.09$41,849
Oct 1997014,91819.253.15$46,989
Sep 1997013,91217.742.95$41,108
Aug 1997016,93417.862.55$43,262
Jul 1997017,42517.582.25$39,153
Jun 1997012,80317.242.26$28,899
May 1997019,19118.972.31$44,302
Apr 1997019,77017.882.08$41,177
Mar 1997021,46818.951.94$41,629
Feb 1997018,23420.492.21$40,222
Jan 1997022,14423.483.54$78,383
Dec 1996024,44923.32$0
Nov 1996024,53121.97$0
Oct 1996027,21623.31$0
Sep 1996027,13122.22$0
Aug 1996035,57620.26$0
Jul 199607,66819.55$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.

Jun 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.18 =         $0
Gas                   26 Mcf  × $  3.08 =        $80

────────────────────────────────────────────────────
Month total                                      $80

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/159639 is the state's own key, not one this site invented.