GGU 9 - JOSEPHINE BANKS

Operated by EQV OPERATING LLC (P-5 101634) in the GLADEWATER, E. (COTTON VLLY SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160398District 06Field 351352002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Sep 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
357
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1984-09-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/97.

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 Gas111997-02-21136118
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
CondensateDisposition8,515 bbl$292,550
GasProduction784,769 Mcf$3,169,206
Total$3,461,756

52,391 Mcf of this lease's gas, across 3 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 32.6230, -94.9029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62295, -94.90290 · 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
11,220 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 11,220 ft.

Completions filed
Sep 1996
1 of 1 wells

1 well

42-45930877111,220 ftSep 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 (357)

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

357 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 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 20171042.493.09$42
May 20171045.373.26$45
Apr 20170047.933.21$0
Mar 20171046.772.98$47
Feb 20173050.452.95$151
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 201501643.552.43$39
Sep 201517042.992.76$731
Aug 20150040.162.87$0
Jul 20150548.152.95$15
Jun 20150356.152.88$9
May 201534355.212.96$1,886
Apr 201504449.822.71$119
Mar 201507742.892.93$226
Feb 201507744.662.98$229
Jan 2015015943.433.10$493
Dec 201401454.693.59$50
Nov 201405070.464.25$213
Oct 2014015178.303.90$589
Sep 20141016686.164.05$1,533
Aug 20143223589.394.04$3,809
Jul 2014023296.564.18$970
Jun 20145117698.164.74$5,840
May 2014021594.734.73$1,016
Apr 2014073695.944.81$3,540
Mar 20148466395.895.06$11,407
Feb 2014068897.406.19$4,260
Jan 2014083590.404.86$4,059
Dec 2013090291.824.35$3,928
Nov 2013095588.853.74$3,570
Oct 2013059497.423.78$2,245
Sep 20130861104.113.72$3,201
Aug 201301,401104.253.52$4,935
Jul 2013251,023102.523.72$6,366
Jun 201301,22994.403.93$4,834
May 201301,61694.834.15$6,705
Apr 2013461,22793.964.28$9,577
Mar 201301,50793.623.91$5,897
Feb 2013591,36791.233.42$10,058
Jan 20131211,69891.603.42$16,891
Dec 201201,56986.773.42$5,366
Nov 201201,55986.953.62$5,651
Oct 201201,58489.383.40$5,385
Sep 201201,81594.672.92$5,297
Aug 2012211,83692.662.91$7,285
Jul 201201,66985.133.02$5,042
Jun 201201,62579.822.52$4,093
May 201201,11591.612.49$2,774
Apr 2012191,990101.652.00$5,905
Mar 2012831,962105.052.22$13,079
Feb 201201,659101.102.57$4,264
Jan 201202,12498.092.73$5,807
Dec 2011401,38896.873.24$8,372
Nov 201101,42695.723.31$4,722
Oct 201101,64284.983.65$5,991
Sep 2011271,56483.623.99$8,492
Aug 201101,52283.404.15$6,315
Jul 201101,49794.144.52$6,762
Jun 201111,52592.904.64$7,169
May 2011561,69898.134.40$12,975
Apr 201101,421105.964.33$6,158
Mar 201101,67896.364.06$6,808
Feb 201101,07885.644.18$4,506
Jan 201101,55286.504.59$7,122
Dec 201001,57485.734.35$6,843
Nov 201001,93080.843.80$7,325
Oct 201002,25278.103.51$7,902
Sep 201002,04672.633.98$8,142
Aug 201002,11473.684.42$9,343
Jul 201002,31972.554.74$10,984
Jun 201002,41670.364.91$11,864
May 2010661,94571.124.24$12,931
Apr 201002,63481.694.12$10,859
Mar 2010552,71878.394.39$16,240
Feb 201002,20773.585.44$12,011
Jan 201002,45874.365.96$14,660
Dec 2009602,66071.445.48$18,873
Nov 200902,59074.593.75$9,716
Oct 200902,76872.544.11$11,377
Sep 200902,71865.543.06$8,330
Aug 200902,95867.423.22$9,520
Jul 200902,97961.133.46$10,321
Jun 200902,85466.163.90$11,116
May 2009292,93754.743.93$13,117
Apr 200902,75146.773.59$9,869
Mar 200902,94942.144.06$11,970
Feb 200902,22032.814.63$10,285
Jan 200902,96735.865.37$15,936
Dec 2008263,39437.105.98$21,251
Nov 200802,88855.496.86$19,813
Oct 200802,91175.246.92$20,150
Sep 200802,459101.767.88$19,370
Aug 2008192,408114.228.48$22,597
Jul 200802,393131.0811.39$27,255
Jun 200802,314131.3313.03$30,158
May 2008212,327123.1711.57$29,520
Apr 200802,396110.3110.45$25,050
Mar 2008212,815101.909.66$29,344
Feb 2008162,60992.538.77$24,363
Jan 200802,90490.388.21$23,829
Dec 200773,33788.337.30$24,985
Nov 200702,78191.677.29$20,278
Oct 2007162,84282.856.92$20,998
Sep 2007292,92275.846.24$20,445
Aug 200702,83569.066.39$18,110
Jul 2007602,83870.906.39$22,383
Jun 2007752,94662.007.55$26,888
May 200703,20958.747.85$25,179
Apr 20071632,86659.617.81$32,086
Mar 200703,34556.927.30$24,425
Feb 20071372,71555.108.22$29,855
Jan 200703,27950.306.73$22,057
Dec 20061103,30556.656.92$29,097
Nov 200602,95854.207.62$22,533
Oct 200603,41554.906.01$20,537
Sep 200606,04160.085.04$30,430
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006076166.286.38$4,858
May 20061053,26266.016.42$27,889
Apr 2006313,10964.397.36$24,880
Mar 2006303,08356.707.08$23,538
Feb 2006332,74157.597.75$23,146
Jan 2006373,28860.598.93$31,615
Dec 2005463,31754.9413.42$47,026
Nov 200503,16754.6910.59$33,533
Oct 2005263,98558.3413.80$56,493
Sep 200501,19261.4512.08$14,398
Aug 200503,21461.519.80$31,487
Jul 2005193,24755.697.84$26,526
Jun 2005203,19552.337.38$24,629
May 200503,32945.226.65$22,142
Apr 2005223,39049.207.36$26,034
Mar 2005383,47350.377.15$26,763
Feb 2005523,11545.226.31$22,013
Jan 2005532,81743.166.32$20,097
Dec 200403,26439.866.75$22,036
Nov 2004472,84645.286.33$20,145
Oct 2004962,97149.706.52$24,128
Sep 200402,99443.245.28$15,820
Aug 2004442,65042.375.55$16,574
Jul 200403,47138.286.08$21,118
Jun 2004742,83536.106.43$20,909
May 2004752,92337.486.49$21,795
Apr 200402,64634.475.86$15,501
Mar 2004902,57534.365.53$17,333
Feb 200402,38032.455.51$13,113
Jan 200402,90332.036.30$18,288
Dec 2003332,70930.266.30$18,070
Nov 2003302,54228.804.60$12,545
Oct 200302,44728.174.76$11,647
Sep 2003282,85426.314.75$14,291
Aug 2003283,31729.765.13$17,849
Jul 2003563,31329.415.17$18,778
Jun 2003294,81928.565.98$29,660
May 200301,66126.595.97$9,921
Apr 2003293,22526.675.41$18,212
Mar 200304,29231.146.10$26,164
Feb 2003363,09333.487.93$25,720
Jan 2003362,94130.315.58$17,508
Dec 2002371,46926.914.85$8,126
Nov 200202,77324.664.14$11,472
Oct 2002233,42626.464.23$15,098
Sep 200203,47327.443.64$12,625
Aug 2002173,23025.963.16$10,662
Jul 200292,19324.583.06$6,936
Jun 2002212,63623.733.34$9,298
May 2002102,44624.663.58$9,013
Apr 200231,98323.653.51$7,036
Mar 200291,88722.003.10$6,053
Feb 2002121,93018.222.38$4,804
Jan 200203,00317.172.38$7,134
Dec 2001273,18416.932.36$7,985
Nov 2001133,25718.072.41$8,070
Oct 200182,93019.782.53$7,568
Sep 20011103,08024.262.25$9,603
Aug 2001393,34324.873.05$11,177
Jul 200112,25723.933.20$7,240
Jun 2001852,80224.563.82$12,803
May 2001963,11725.524.31$15,876
Apr 2001584,25924.685.34$24,155
Mar 2001474,43024.545.38$24,971
Feb 2001814,09727.755.77$25,875
Jan 20011614,45527.478.40$41,839
Dec 2000676,15926.889.12$57,986
Nov 2000333,25232.215.66$19,463
Oct 200041,96731.235.15$10,246
Sep 200083,36231.875.19$17,692
Aug 200044,69629.644.54$21,442
Jul 2000124,40428.534.09$18,354
Jun 200043,89429.304.40$17,240
May 2000667,89127.263.68$30,836
Apr 2000397,95224.513.12$25,734
Mar 20001186,38428.422.86$21,610
Feb 2000734,84727.622.73$15,232
Jan 2000815,61125.272.48$15,965
Dec 1999654,50824.282.42$12,504
Nov 1999353,76723.192.43$9,980
Oct 19991056,36820.982.80$20,057
Sep 1999904,98221.752.62$15,005
Aug 1999315,51119.262.88$16,444
Jul 1999946,18317.892.37$16,350
Jun 1999534,85115.942.36$12,303
May 19991015,99315.792.32$15,505
Apr 1999655,46115.102.21$13,040
Mar 1999636,25112.471.84$12,277
Feb 19991285,5079.981.82$11,288
Jan 1999606,01310.381.90$12,047
Dec 19981006,7079.201.77$12,814
Nov 1998687,02210.892.19$16,089
Oct 1998826,46412.421.97$13,747
Sep 1998926,97212.592.08$15,678
Aug 1998906,88011.301.91$14,140
Jul 199814612,12511.742.24$28,841
Jun 1998527,11011.242.24$16,491
May 1998847,85212.622.21$18,384
Apr 19981057,45113.042.51$20,036
Mar 1998907,89512.802.31$19,385
Feb 1998907,30413.952.30$18,048
Jan 19981268,40814.702.15$19,970
Dec 19971348,68616.322.41$23,130
Nov 19971478,93118.193.09$30,255
Oct 19971139,32119.253.15$31,535
Sep 19971229,78917.742.95$31,090
Aug 199713910,49117.862.55$29,284
Jul 19971088,80417.582.25$21,681
Jun 1997938,95717.242.26$21,821
May 199711110,07918.972.31$25,373
Apr 199713411,11217.882.08$25,540
Mar 199712811,28418.951.94$24,307
Feb 19971388,87620.492.21$22,407
Jan 199713810,18923.483.54$39,306
Dec 199615611,38623.32$3,638
Nov 199622213,90921.97$4,877
Oct 199635627,09623.31$8,298
Sep 19960022.22$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 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 42.49 =        $42
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $42

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/160398 is the state's own key, not one this site invented.