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 161894District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Dec 1996 – Dec 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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 Gas111997-03-31136192
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
CondensateDisposition7,764 bbl$154,126
GasProduction590,115 Mcf$1,720,853
Total$1,874,979

6,748 Mcf of this lease's gas, across 1 month, 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 32.2008, -94.2522. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20079, -94.25218 · 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
11.0 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
Dec 1996
1 of 1 wells
Plug dates filed
Dec 2007
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365335191229,640 ftDec 1996Dec 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 (133)

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

133 months

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 2004019338.286.08$1,174
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20041032.455.51$32
Jan 2004231,29732.036.30$8,907
Dec 2003563,77230.266.30$25,464
Nov 20031274428.804.60$3,764
Oct 2003151,14828.174.76$5,887
Sep 2003161,67526.314.75$8,376
Aug 2003304,28429.765.13$22,869
Jul 2003213,22129.415.17$17,273
Jun 2003263,44828.565.98$21,372
May 200391,12026.595.97$6,929
Apr 2003323,22226.675.41$18,276
Mar 2003312,88131.146.10$18,528
Feb 2003694,52933.487.93$38,206
Jan 20031075230.315.58$4,501
Dec 2002483,77026.914.85$19,590
Nov 2002363,04124.664.14$13,468
Oct 2002313,15226.464.23$14,150
Sep 2002333,55227.443.64$13,818
Aug 2002222,86125.963.16$9,624
Jul 2002172,43124.583.06$7,861
Jun 2002263,67023.733.34$12,868
May 2002303,81324.663.58$14,406
Apr 2002303,48123.653.51$12,936
Mar 2002394,99322.003.10$16,350
Feb 2002363,69018.222.38$9,422
Jan 2002504,78717.172.38$12,231
Dec 2001484,99816.932.36$12,630
Nov 20011814,83618.072.41$14,904
Oct 20012985,66219.782.53$20,213
Sep 20012184,20924.262.25$14,764
Aug 20012585,67824.873.05$23,752
Jul 20011964,63223.933.20$19,499
Jun 2001066224.563.82$2,532
May 200191,23525.524.31$5,549
Apr 200191,16224.685.34$6,422
Mar 2001627,45524.545.38$41,603
Feb 2001687,48527.755.77$45,054
Jan 2001212,16827.478.40$18,785
Dec 2000213026.889.12$1,240
Nov 2000242,35432.215.66$14,092
Oct 2000627,20331.235.15$38,999
Sep 2000182,15231.875.19$11,735
Aug 2000486,09429.644.54$29,094
Jul 2000486,99928.534.09$29,994
Jun 2000263,38229.304.40$15,633
May 2000312,69127.263.68$10,747
Apr 2000695,65824.513.12$19,322
Mar 2000484,88728.422.86$15,340
Feb 2000646,29427.622.73$18,928
Jan 2000545,78525.272.48$15,714
Dec 1999617,03124.282.42$18,522
Nov 1999827,19123.192.43$19,404
Oct 1999537,12020.982.80$21,074
Sep 1999507,91121.752.62$21,805
Aug 1999528,33019.262.88$24,955
Jul 1999568,67917.892.37$21,592
Jun 1999629,01115.942.36$22,273
May 199923611,90815.792.32$31,365
Apr 1999664,05615.102.21$9,952
Mar 1999703,96112.471.84$8,155
Feb 1999914,7399.981.82$9,523
Jan 1999743,87510.381.90$8,130
Dec 1998955,2839.201.77$10,242
Nov 1998423,20310.892.19$7,458
Oct 19981199,22112.421.97$19,636
Sep 19981119,83012.592.08$21,870
Aug 1998979,60911.301.91$19,424
Jul 19981069,54611.742.24$22,601
Jun 19981049,62311.242.24$22,698
May 19989410,27612.622.21$23,859
Apr 199810710,73213.042.51$28,282
Mar 1998968,34312.802.31$20,496
Feb 19981059,64513.952.30$23,640
Jan 199812011,51414.702.15$26,574
Dec 199713712,69216.322.41$32,838
Nov 199714514,38518.193.09$47,062
Oct 199712412,26719.253.15$41,026
Sep 199712712,49517.742.95$39,174
Aug 199713613,56817.862.55$37,092
Jul 199713014,09317.582.25$33,952
Jun 199720515,21217.242.26$37,871
May 199725718,04718.972.31$46,537
Apr 199727918,86817.882.08$44,286
Mar 199739923,95218.951.94$54,007
Feb 199743326,66120.492.21$67,684
Jan 199752231,15223.483.54$122,525
Dec 19961106,74823.32$2,565

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.

Jul 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.28 =         $0
Gas                  193 Mcf  × $  6.08 =     $1,174

────────────────────────────────────────────────────
Month total                                   $1,174

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/161894 is the state's own key, not one this site invented.