CARTHAGE GAS UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) 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 159888District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Aug 1996 – May 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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 Gas111996-10-11135528
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
CondensateDisposition15,566 bbl$248,707
GasProduction738,928 Mcf$1,860,587
Total$2,109,294

134,481 Mcf of this lease's gas, across 5 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 32.1792, -94.2725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17917, -94.27245 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,640 ft
1 wells filed one
Completion to plug
10.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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
Aug 1996
1 of 1 wells
Plug dates filed
May 2007
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365333631359,640 ftAug 1996May 2007Yes

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 (130)

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

130 months

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 200429432.455.51$583
Jan 20041356732.036.30$3,988
Dec 2003422,05630.266.30$14,227
Nov 2003482,33528.804.60$12,112
Oct 2003582,87828.174.76$15,332
Sep 2003332,28526.314.75$11,721
Aug 2003363,05629.765.13$16,748
Jul 2003393,62729.415.17$19,902
Jun 2003362,76828.565.98$17,589
May 2003213,56126.595.97$21,827
Apr 2003263,35226.675.41$18,819
Mar 2003283,63031.146.10$23,001
Feb 2003191,40733.487.93$11,788
Jan 2003303,08430.315.58$18,124
Dec 2002364,23826.914.85$21,539
Nov 200204,26324.664.14$17,636
Oct 200203,30426.464.23$13,973
Sep 200203,99127.443.64$14,508
Aug 200203,24925.963.16$10,280
Jul 200214,19424.583.06$12,866
Jun 2002143,08423.733.34$10,627
May 2002293,71024.663.58$14,012
Apr 2002364,33723.653.51$16,084
Mar 2002334,14822.003.10$13,596
Feb 2002404,21718.222.38$10,747
Jan 2002454,32317.172.38$11,043
Dec 2001414,77216.932.36$11,977
Nov 2001334,46818.072.41$11,344
Oct 2001364,58419.782.53$12,304
Sep 2001354,61524.262.25$11,239
Aug 2001334,90724.873.05$15,803
Jul 2001354,65023.933.20$15,704
Jun 20011484,38424.563.82$20,400
May 20012884,42525.524.31$26,410
Apr 20013214,97824.685.34$34,482
Mar 20013905,46324.545.38$38,942
Feb 20014685,79227.755.77$46,390
Jan 20014885,68127.478.40$61,119
Dec 20002326,17126.889.12$62,531
Nov 2000506,41232.215.66$37,890
Oct 2000496,38631.235.15$34,389
Sep 2000426,25431.875.19$33,775
Aug 2000416,18129.644.54$29,282
Jul 2000416,77228.534.09$28,866
Jun 2000426,42629.304.40$29,487
May 2000486,36427.263.68$24,726
Apr 2000566,39224.513.12$21,290
Mar 2000517,47028.422.86$22,812
Feb 2000435,78327.622.73$16,955
Jan 2000585,62325.272.48$15,414
Dec 1999606,32824.282.42$16,794
Nov 1999536,93923.192.43$18,119
Oct 1999647,73220.982.80$23,021
Sep 1999496,88921.752.62$19,107
Aug 1999507,22819.262.88$21,748
Jul 1999547,50017.892.37$18,759
Jun 1999487,70015.942.36$18,953
May 1999967,68515.792.32$19,353
Apr 19991,4607,79415.102.21$39,256
Mar 19991,6948,39312.471.84$36,553
Feb 19991,6687,4839.981.82$30,249
Jan 19991,9188,84010.381.90$36,704
Dec 19981,9169,4629.201.77$34,406
Nov 1998299,00610.892.19$20,000
Oct 1998179,94612.421.97$19,797
Sep 19981912,39512.592.08$26,053
Aug 19981612,05511.301.91$23,174
Jul 19981710,26311.742.24$23,161
Jun 19981079,59011.242.24$22,658
May 199813810,63712.622.21$25,210
Apr 199815010,49913.042.51$28,259
Mar 199819011,76712.802.31$29,607
Feb 199816210,59513.952.30$26,619
Jan 199816711,37814.702.15$26,972
Dec 199717511,96316.322.41$31,700
Nov 199717014,02418.193.09$46,402
Oct 199714411,83319.253.15$40,044
Sep 199715412,59417.742.95$39,946
Aug 199714712,16917.862.55$33,714
Jul 199714313,03817.582.25$31,810
Jun 199714812,23717.242.26$30,173
May 199715514,00218.972.31$35,264
Apr 199715016,15517.882.08$36,329
Mar 199719819,40418.951.94$41,379
Feb 199710610,79420.492.21$25,982
Jan 1997021,41923.483.54$75,817
Dec 1996024,45823.32$0
Nov 1996025,10321.97$0
Oct 1996030,51323.31$0
Sep 1996038,16422.22$0
Aug 1996016,24320.26$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.

Feb 2004 — as filed, then multipliedworked
Condensate             2 bbl  × $ 32.45 =        $65
Gas                   94 Mcf  × $  5.51 =       $518

────────────────────────────────────────────────────
Month total                                     $583

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/159888 is the state's own key, not one this site invented.