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 168886District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Apr 1998 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
338
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 Gas111998-07-28138984
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
CondensateDisposition9,091 bbl$261,863
GasProduction432,618 Mcf$1,504,749
Total$1,766,611

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 32.1799, -94.2426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17987, -94.24261 · 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
9,650 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 9,650 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-36533884140 F9,650 ftApr 1998

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 (338)

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

338 months

May 20260336106.413.05$1,023
Apr 2026016998.932.87$485
Mar 2026020189.753.15$633
Feb 20260063.503.75$0
Jan 2026018459.138.00$1,472
Dec 2025021756.664.41$958
Nov 2025015358.593.93$601
Oct 2025023659.383.30$780
Sep 2025022462.743.08$689
Aug 2025025163.933.01$757
Jul 2025028666.743.32$948
Jun 2025044966.483.13$1,405
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 201909050.852.79$251
Jan 2019022446.033.23$723
Dec 2018027746.594.19$1,159
Nov 2018011152.934.24$470
Oct 2018021061.443.40$714
Sep 2018021559.543.11$668
Aug 2018029259.403.07$895
Jul 2018023465.142.93$686
Jun 2018025960.183.08$797
May 2018028665.382.90$830
Apr 2018021163.842.90$612
Mar 2018023161.222.79$644
Feb 2018021261.782.77$586
Jan 2018018162.874.01$726
Dec 2017022057.272.92$643
Nov 2017026455.423.12$823
Oct 2017029449.292.98$877
Sep 2017031847.523.09$982
Aug 2017033945.373.00$1,018
Jul 2017040343.873.09$1,244
Jun 2017040342.493.09$1,244
May 2017035345.373.26$1,152
Apr 2017034747.933.21$1,114
Mar 2017033246.772.98$991
Feb 2017028050.452.95$827
Jan 2017032449.413.42$1,108
Dec 2016031848.763.72$1,184
Nov 2016027942.492.64$738
Oct 2016032646.193.09$1,007
Sep 2016034841.553.10$1,079
Aug 2016035041.442.92$1,024
Jul 2016039741.622.92$1,161
Jun 2016038645.352.69$1,037
May 2016044942.521.99$894
Apr 2016045536.561.99$906
Mar 2016040533.011.79$727
Feb 2016040926.472.06$844
Jan 2016043127.352.36$1,019
Dec 2015045632.362.00$913
Nov 2015044238.792.17$958
Oct 2015047743.552.43$1,157
Sep 2015043642.992.76$1,203
Aug 2015043240.162.87$1,241
Jul 2015042048.152.95$1,237
Jun 2015038556.152.88$1,110
May 2015038855.212.96$1,147
Apr 2015037349.822.71$1,010
Mar 2015034442.892.93$1,010
Feb 2015030544.662.98$908
Jan 2015140843.433.10$1,308
Dec 2014044654.693.59$1,602
Nov 2014042870.464.25$1,820
Oct 2014047878.303.90$1,865
Sep 2014645086.164.05$2,337
Aug 20141247289.394.04$2,977
Jul 20142052196.564.18$4,109
Jun 20142554998.164.74$5,055
May 20143348494.734.73$5,414
Apr 20143047295.944.81$5,148
Mar 20143843195.895.06$5,823
Feb 20143042397.406.19$5,541
Jan 20142746390.404.86$4,691
Dec 20132346991.824.35$4,154
Nov 20131549288.853.74$3,172
Oct 2013741497.423.78$2,247
Sep 201312316104.113.72$2,424
Aug 20130685104.253.52$2,413
Jul 20130795102.523.72$2,956
Jun 2013044094.403.93$1,731
May 2013043494.834.15$1,801
Apr 2013035593.964.28$1,520
Mar 2013030193.623.91$1,178
Feb 201302,02291.233.42$6,915
Jan 201301,24391.603.42$4,251
Dec 201202,09486.773.42$7,162
Nov 201201,58086.953.62$5,727
Oct 2012021189.383.40$717
Sep 201202,45694.672.92$7,168
Aug 201202,58492.662.91$7,515
Jul 2012784785.133.02$3,155
Jun 2012111,53879.822.52$4,752
May 2012462791.612.49$1,927
Apr 20124483101.652.00$1,371
Mar 20121148105.052.22$434
Feb 20121188101.102.57$584
Jan 2012229598.092.73$1,003
Dec 201106796.873.24$217
Nov 2011118195.723.31$695
Oct 2011227884.983.65$1,184
Sep 20111126083.623.99$1,956
Aug 20111659983.404.15$3,820
Jul 20111824594.144.52$2,801
Jun 20111660592.904.64$4,294
May 2011174998.134.40$1,884
Apr 20117495105.964.33$2,887
Mar 201115296.364.06$307
Feb 2011419085.644.18$1,137
Jan 20111479886.504.59$4,873
Dec 2010210385.734.35$619
Nov 2010742780.843.80$2,186
Oct 2010418878.103.51$972
Sep 2010171,10672.633.98$5,636
Aug 2010627673.684.42$1,662
Jul 2010171,07772.554.74$6,335
Jun 2010181,00270.364.91$6,187
May 2010251,53471.124.24$8,275
Apr 20101370881.694.12$3,981
Mar 20101691878.394.39$5,283
Feb 2010630373.585.44$2,091
Jan 20101162374.365.96$4,534
Dec 2009987271.445.48$5,425
Nov 200918374.593.75$386
Oct 2009216072.544.11$803
Sep 2009780665.543.06$2,929
Aug 2009671667.423.22$2,709
Jul 2009438961.133.46$1,592
Jun 2009151,64866.163.90$7,411
May 2009151,00354.743.93$4,759
Apr 2009615446.773.59$833
Mar 20092571242.144.06$3,944
Feb 20091032.814.63$33
Jan 20092569535.865.37$4,629
Dec 2008251,05237.105.98$7,215
Nov 2008519455.496.86$1,608
Oct 20081998475.246.92$8,241
Sep 20088416101.767.88$4,091
Aug 200817935114.228.48$9,873
Jul 200810546131.0811.39$7,529
Jun 20087370131.3313.03$5,741
May 20084409123.1711.57$5,227
Apr 20080336110.3110.45$3,513
Mar 20080396101.909.66$3,827
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007014691.677.29$1,065
Oct 2007050482.856.92$3,489
Sep 2007051375.846.24$3,203
Aug 2007050269.066.39$3,207
Jul 2007025070.906.39$1,597
Jun 2007032162.007.55$2,423
May 2007024858.747.85$1,946
Apr 20070059.617.81$0
Mar 200708656.927.30$628
Feb 2007085255.108.22$7,000
Jan 20070050.306.73$0
Dec 2006028056.656.92$1,937
Nov 2006033454.207.62$2,544
Oct 2006028554.906.01$1,714
Sep 20060060.085.04$0
Aug 200611,08668.717.34$8,040
Jul 20061899069.376.34$7,528
Jun 20061693166.286.38$7,004
May 20061577766.016.42$5,982
Apr 2006251,32064.397.36$11,326
Mar 2006331,59156.707.08$13,140
Feb 2006221,01057.597.75$9,096
Jan 2006842560.598.93$4,281
Dec 20050054.9413.42$0
Nov 2005944054.6910.59$5,151
Oct 20050058.3413.80$0
Sep 2005630161.4512.08$4,004
Aug 20050061.519.80$0
Jul 2005827955.697.84$2,634
Jun 2005241,11152.337.38$9,456
May 2005341,39245.226.65$10,796
Apr 2005301,20849.207.36$10,367
Mar 20052069950.377.15$6,009
Feb 2005281,10445.226.31$8,235
Jan 2005502,50243.166.32$17,976
Dec 20042198439.866.75$7,480
Nov 20042190845.286.33$6,699
Oct 2004251,03049.706.52$7,953
Sep 20042297643.245.28$6,108
Aug 20043082642.375.55$5,856
Jul 2004521,15038.286.08$8,987
Jun 2004461,05836.106.43$8,467
May 2004701,39337.486.49$11,671
Apr 20041172,29734.475.86$17,490
Mar 2004581,08034.365.53$7,965
Feb 2004651,35732.455.51$9,586
Jan 20044877932.036.30$6,445
Dec 20031663,10330.266.30$24,577
Nov 20031863,51228.804.60$21,495
Oct 20031293,91028.174.76$22,244
Sep 2003528426.314.75$1,480
Aug 2003131,03529.765.13$5,696
Jul 20031197729.415.17$5,375
Jun 20031167128.565.98$4,329
May 20032191,00126.595.97$11,802
Apr 200318560426.675.41$8,200
Mar 20033811,29331.146.10$19,747
Feb 200338378033.487.93$19,005
Jan 20035111,43730.315.58$23,510
Dec 20021524,92326.914.85$27,985
Nov 2002331,05524.664.14$5,178
Oct 20022178726.464.23$3,884
Sep 20021455127.443.64$2,387
Aug 20021990525.963.16$3,357
Jul 2002211,12924.583.06$3,973
Jun 20021875023.733.34$2,931
May 20022795424.663.58$4,085
Apr 20022170423.653.51$2,969
Mar 20022795122.003.10$3,545
Feb 2002361,00318.222.38$3,039
Jan 20021273,47317.172.38$10,431
Dec 2001662,40516.932.36$6,804
Nov 2001142,23418.072.41$5,627
Oct 2001182,31219.782.53$6,203
Sep 2001202,69724.262.25$6,557
Aug 2001172,52924.873.05$8,144
Jul 2001202,91123.933.20$9,785
Jun 2001524,43624.563.82$18,241
May 2001885,55125.524.31$26,156
Apr 2001623,87824.685.34$22,221
Mar 2001814,78924.545.38$27,736
Feb 2001482,36827.755.77$14,988
Jan 2001674,12527.478.40$36,485
Dec 2000523,47126.889.12$33,062
Nov 2000443,17332.215.66$19,370
Oct 2000554,05531.235.15$22,583
Sep 2000373,09831.875.19$17,247
Aug 2000463,95129.644.54$19,304
Jul 2000332,97728.534.09$13,117
Jun 2000644,36129.304.40$21,052
May 2000864,85627.263.68$20,213
Apr 2000643,02124.513.12$10,982
Mar 2000674,09328.422.86$13,609
Feb 2000764,22527.622.73$13,619
Jan 20001376,19025.272.48$18,816
Dec 19991769,03524.282.42$26,172
Nov 1999764,78623.192.43$13,412
Oct 1999804,58320.982.80$14,528
Sep 1999684,57021.752.62$13,447
Aug 1999694,68819.262.88$14,810
Jul 1999905,89417.892.37$15,593
Jun 19991145,86815.942.36$15,678
May 19991024,59915.792.32$12,285
Apr 1999532,87315.102.21$7,144
Mar 1999814,09212.471.84$8,533
Feb 19991245,7419.981.82$11,673
Jan 19991326,84110.381.90$14,368
Dec 19981388,5979.201.77$16,515
Nov 199819010,80410.892.19$25,684
Oct 199823012,30712.421.97$27,092
Sep 199822613,62512.592.08$31,221
Aug 199827818,91411.301.91$39,217
Jul 199833520,93111.742.24$50,761
Jun 199831219,51711.242.24$47,172
May 199833624,18112.622.21$57,592
Apr 199816010,72013.042.51$28,944

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  336 Mcf  × $  3.05 =     $1,023

────────────────────────────────────────────────────
Month total                                   $1,023

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/168886 is the state's own key, not one this site invented.