CARTHAGE GAS UNIT

Operated by WILDHORSE RESOURCES, LLC (P-5 923451) 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 168491District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Feb 1998 – Sep 2012
Value, last 12 filed months
$60
at the published price for each month
Months reported
176
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 Gas111998-07-03138822
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
CondensateDisposition4,221 bbl$122,711
GasProduction591,022 Mcf$2,508,328
Total$2,631,039

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 32.1903, -94.2644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19029, -94.26438 · 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
9,665 ft
1 wells filed one
Completion to plug
14.6 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 9,665 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365338271329,665 ftFeb 1998Sep 2012Yes

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 (176)

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

176 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201202298.092.73$60
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009040132.814.63$1,858
Jan 200903735.865.37$199
Dec 20080937.105.98$54
Nov 20080055.496.86$0
Oct 200801575.246.92$104
Sep 200806101.767.88$47
Aug 2008078114.228.48$662
Jul 20080261131.0811.39$2,973
Jun 20080223131.3313.03$2,906
May 200802,212123.1711.57$25,602
Apr 200832,363110.3110.45$25,036
Mar 200841,447101.909.66$14,392
Feb 200862,36492.538.77$21,289
Jan 2008114,54490.388.21$38,281
Dec 2007243,90088.337.30$30,598
Nov 2007363,85691.677.29$31,417
Oct 2007292,67982.856.92$20,947
Sep 2007332,34475.846.24$17,139
Aug 2007232,34269.066.39$16,549
Jul 2007222,38270.906.39$16,776
Jun 2007202,34262.007.55$18,918
May 2007272,39658.747.85$20,386
Apr 2007212,60659.617.81$21,592
Mar 2007212,56056.927.30$19,888
Feb 2007212,12255.108.22$18,591
Jan 2007363,27550.306.73$23,841
Dec 2006313,21556.656.92$23,999
Nov 2006253,06554.207.62$24,703
Oct 2006223,44054.906.01$21,895
Sep 2006253,38360.085.04$18,543
Aug 2006203,31268.717.34$25,684
Jul 2006253,40869.376.34$23,350
Jun 2006283,16666.286.38$22,067
May 2006333,21366.016.42$22,822
Apr 2006302,84464.397.36$22,865
Mar 2006403,40256.707.08$26,364
Feb 2006423,27557.597.75$27,804
Jan 2006393,75160.598.93$35,872
Dec 2005383,67954.9413.42$51,443
Nov 2005383,33854.6910.59$37,422
Oct 2005253,47858.3413.80$49,440
Sep 2005232,77461.4512.08$34,921
Aug 2005333,45561.519.80$35,878
Jul 2005363,22355.697.84$27,285
Jun 2005343,58252.337.38$28,218
May 2005434,01245.226.65$28,629
Apr 2005404,16649.207.36$32,632
Mar 2005333,64350.377.15$27,727
Feb 2005313,83945.226.31$25,633
Jan 2005324,98243.166.32$32,878
Dec 200405,16939.866.75$34,896
Nov 200404,56645.286.33$28,905
Oct 200405,67749.706.52$36,986
Sep 200405,71343.245.28$30,187
Aug 20040042.375.55$0
Jul 200406,31538.286.08$38,422
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200401,85834.365.53$10,275
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003373726.675.41$4,065
Mar 2003175,25631.146.10$32,570
Feb 2003163,08333.487.93$24,971
Jan 2003153,60830.315.58$20,595
Dec 2002394,48826.914.85$22,833
Nov 2002424,03024.664.14$17,708
Oct 2002445,31126.464.23$23,625
Sep 2002465,86527.443.64$22,583
Aug 2002456,69025.963.16$22,336
Jul 2002529,04324.583.06$28,966
Jun 2002456,32023.733.34$22,166
May 200210413,86924.663.58$52,271
Apr 2002013,21223.653.51$46,405
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200101,10724.563.82$4,233
May 2001112,00225.524.31$8,904
Apr 200101,92624.685.34$10,276
Mar 20010024.545.38$0
Feb 200101,73027.755.77$9,977
Jan 2001993627.478.40$8,108
Dec 2000466,11226.889.12$56,993
Nov 2000415,90132.215.66$34,708
Oct 2000436,15931.235.15$33,034
Sep 2000366,00531.875.19$32,292
Aug 2000325,96729.644.54$28,043
Jul 2000376,87528.534.09$29,173
Jun 2000386,49829.304.40$29,687
May 2000416,51127.263.68$25,077
Apr 2000445,80324.513.12$19,161
Mar 2000417,07728.422.86$21,404
Feb 2000426,70327.622.73$19,436
Jan 2000506,59225.272.48$17,615
Dec 1999537,84224.282.42$20,294
Nov 1999386,93123.192.43$17,751
Oct 1999437,12720.982.80$20,884
Sep 1999367,09321.752.62$19,359
Aug 1999418,24519.262.88$24,499
Jul 1999417,83717.892.37$19,326
Jun 1999437,27815.942.36$17,877
May 1999588,42215.792.32$20,463
Apr 1999447,87415.102.21$18,051
Mar 1999518,54912.471.84$16,352
Feb 1999548,1799.981.82$15,407
Jan 1999619,49010.381.90$18,664
Dec 19986810,5959.201.77$19,414
Nov 199810010,13610.892.19$23,243
Oct 199812211,24012.421.97$23,649
Sep 199812312,91712.592.08$28,450
Aug 199811113,04711.301.91$26,140
Jul 199813013,89011.742.24$32,602
Jun 199814115,16311.242.24$35,509
May 199814017,01312.622.21$39,303
Apr 199817319,05113.042.51$49,985
Mar 199822521,79312.802.31$53,210
Feb 199824326,16513.952.30$63,547

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.

Jan 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.09 =         $0
Gas                   22 Mcf  × $  2.73 =        $60

────────────────────────────────────────────────────
Month total                                      $60

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/168491 is the state's own key, not one this site invented.