PAYNE

Operated by TGNR EAST TEXAS II LLC (P-5 102211) in the CARTHAGE, NORTH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173440District 06Field 160342502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jun 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
324
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 568 leases and 570 wells, and the rule below applies to all of them.

Discovered
1981-11-18
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 20 acres. The field rule took effect on 2010-12-14.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112002-03-19146687
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
CondensateDisposition1,123 bbl$66,943
GasProduction496,651 Mcf$2,382,265
Total$2,449,209

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 32.2368, -94.1930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23683, -94.19297 · 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
9,806 ft
1 wells filed one
Completion to plug
29.2 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 9,806 ft.

Completions filed
May 1997
1 of 1 wells
Plug dates filed
Jul 2026
1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653256319,806 ftMay 1997Jul 2026Yes

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 (324)

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

324 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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
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 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150156.152.88$3
May 20150155.212.96$3
Apr 20150349.822.71$8
Mar 2015118442.892.93$583
Feb 2015026944.662.98$801
Jan 2015033643.433.10$1,042
Dec 2014024554.693.59$880
Nov 2014014870.464.25$629
Oct 201438978.303.90$582
Sep 2014010086.164.05$405
Aug 2014018989.394.04$763
Jul 2014014196.564.18$589
Jun 201441498.164.74$459
May 201404494.734.73$208
Apr 2014011095.944.81$529
Mar 2014016995.895.06$855
Feb 2014116997.406.19$1,144
Jan 2014021090.404.86$1,021
Dec 2013025391.824.35$1,102
Nov 2013027788.853.74$1,036
Oct 2013025597.423.78$964
Sep 20132251104.113.72$1,141
Aug 20130246104.253.52$867
Jul 20130261102.523.72$970
Jun 2013027494.403.93$1,078
May 2013526694.834.15$1,578
Apr 2013028793.964.28$1,229
Mar 2013029993.623.91$1,170
Feb 2013027991.233.42$954
Jan 2013032491.603.42$1,108
Dec 2012031786.773.42$1,084
Nov 20122428586.953.62$3,120
Oct 2012033289.383.40$1,129
Sep 2012031094.672.92$905
Aug 2012435292.662.91$1,394
Jul 2012034085.133.02$1,027
Jun 2012035779.822.52$899
May 2012035891.612.49$891
Apr 20120321101.652.00$641
Mar 20120363105.052.22$807
Feb 20120339101.102.57$871
Jan 2012037498.092.73$1,023
Dec 2011038296.873.24$1,238
Nov 2011037095.723.31$1,225
Oct 2011242484.983.65$1,717
Sep 2011239983.623.99$1,758
Aug 2011040083.404.15$1,660
Jul 2011040994.144.52$1,848
Jun 2011041092.904.64$1,902
May 2011038698.134.40$1,700
Apr 20116387105.964.33$2,313
Mar 2011036396.364.06$1,473
Feb 2011035785.644.18$1,492
Jan 2011439686.504.59$2,163
Dec 2010041085.734.35$1,783
Nov 2010036380.843.80$1,378
Oct 2010439678.103.51$1,702
Sep 2010040372.633.98$1,604
Aug 2010043773.684.42$1,931
Jul 2010045272.554.74$2,141
Jun 2010045570.364.91$2,234
May 2010045171.124.24$1,910
Apr 2010044181.694.12$1,818
Mar 2010036278.394.39$1,589
Feb 2010037673.585.44$2,046
Jan 2010043974.365.96$2,618
Dec 2009045371.445.48$2,484
Nov 2009046774.593.75$1,752
Oct 2009050372.544.11$2,067
Sep 2009147565.543.06$1,521
Aug 2009046467.423.22$1,493
Jul 2009355261.133.46$2,096
Jun 2009455666.163.90$2,430
May 2009159954.743.93$2,406
Apr 2009954346.773.59$2,369
Mar 20092159042.144.06$3,280
Feb 2009088232.814.63$4,086
Jan 2009731,08635.865.37$8,451
Dec 20084974637.105.98$6,277
Nov 2008093555.496.86$6,414
Oct 2008121,09875.246.92$8,503
Sep 200871,157101.767.88$9,826
Aug 200801,293114.228.48$10,969
Jul 2008101,222131.0811.39$15,229
Jun 20086917131.3313.03$12,739
May 2008101,424123.1711.57$17,713
Apr 2008651,430110.3110.45$22,121
Mar 200881,291101.909.66$13,292
Feb 2008121,02092.538.77$10,056
Jan 2008396690.388.21$8,198
Dec 200711,07588.337.30$7,938
Nov 2007451,05891.677.29$11,840
Oct 2007495182.856.92$6,914
Sep 200781,22575.846.24$8,256
Aug 2007201,42169.066.39$10,458
Jul 2007322,40570.906.39$17,632
Jun 200711,51662.007.55$11,505
May 200702,42358.747.85$19,012
Apr 200722,08059.617.81$16,354
Mar 200792,00456.927.30$15,145
Feb 200701,63255.108.22$13,409
Jan 2007141,29750.306.73$9,429
Dec 2006241,58356.656.92$12,311
Nov 2006192,30854.207.62$18,611
Oct 200622,46654.906.01$14,940
Sep 2006182,01560.085.04$11,231
Aug 200602,27968.717.34$16,728
Jul 2006321,95769.376.34$14,633
Jun 200622,53266.286.38$16,297
May 2006232,74166.016.42$19,129
Apr 2006162,22464.397.36$17,400
Mar 2006112,85056.707.08$20,810
Feb 200602,63557.597.75$20,424
Jan 200603,49860.598.93$31,249
Dec 2005254,07254.9413.42$56,001
Nov 2005423,36054.6910.59$37,874
Oct 200503,07458.3413.80$42,408
Sep 2005142,51161.4512.08$31,191
Aug 2005153,18061.519.80$32,077
Jul 200502,53655.697.84$19,891
Jun 2005202,68552.337.38$20,865
May 2005292,72645.226.65$19,442
Apr 2005282,51349.207.36$19,874
Mar 2005233,27350.377.15$24,576
Feb 200512,94445.226.31$18,628
Jan 2005192,71943.166.32$18,010
Dec 2004293,22039.866.75$22,894
Nov 2004283,36045.286.33$22,538
Oct 200453,31749.706.52$21,859
Sep 2004184,34443.245.28$23,732
Aug 2004164,24442.375.55$24,235
Jul 2004312,80038.286.08$18,222
Jun 2004293,19436.106.43$21,594
May 2004313,65337.486.49$24,887
Apr 2004313,63634.475.86$22,370
Mar 2004263,98934.365.53$22,953
Feb 2004243,07232.455.51$17,704
Jan 200401,41232.036.30$8,895
Dec 2003091130.266.30$5,741
Nov 200301,00628.804.60$4,623
Oct 2003023128.174.76$1,099
Sep 200304,06326.314.75$19,297
Aug 200302,40729.765.13$12,347
Jul 200302,04729.415.17$10,585
Jun 200302,28728.565.98$13,683
May 200303,44326.595.97$20,564
Apr 200303,42526.675.41$18,520
Mar 200303,62331.146.10$22,086
Feb 200304,28233.487.93$33,939
Jan 200303,99430.315.58$22,295
Dec 200203,54226.914.85$17,192
Nov 200203,06324.664.14$12,672
Oct 200203,16826.464.23$13,398
Sep 200203,29627.443.64$11,982
Aug 200204,04525.963.16$12,799
Jul 200203,35024.583.06$10,257
Jun 200203,74023.733.34$12,485
May 200202,70524.663.58$9,695
Apr 200203,79523.653.51$13,329
Mar 200204,76222.003.10$14,775
Feb 200203,95518.222.38$9,396
Jan 200202,93117.172.38$6,963
Dec 200101,84716.932.36$4,367
Nov 200106,11618.072.41$14,712
Oct 200108,06719.782.53$20,400
Sep 200103,70724.262.25$8,346
Aug 200104,18824.873.05$12,787
Jul 200102,73123.933.20$8,731
Jun 200103,18824.563.82$12,191
May 200102,84925.524.31$12,272
Apr 200105,01324.685.34$26,746
Mar 200106,49324.545.38$34,909
Feb 200104,91027.755.77$28,316
Jan 200106,15527.478.40$51,694
Dec 200005,00126.889.12$45,622
Nov 200007,69932.215.66$43,561
Oct 200006,63131.235.15$34,120
Sep 200007,77831.875.19$40,341
Aug 200008,47729.644.54$38,492
Jul 200009,25528.534.09$37,851
Jun 200008,96929.304.40$39,439
May 200007,71727.263.68$28,397
Apr 200008,60524.513.12$26,813
Mar 2000010,35628.422.86$29,616
Feb 2000010,65727.622.73$29,056
Jan 2000011,88625.272.48$29,483
Dec 1999015,60224.282.42$37,815
Nov 199909,95723.192.43$24,235
Oct 199908,47320.982.80$23,756
Sep 199909,45321.752.62$24,756
Aug 1999011,04219.262.88$31,752
Jul 1999015,30517.892.37$36,309
Jun 1999030,36515.942.36$71,725

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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.15 =         $0
Gas                    1 Mcf  × $  2.88 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/173440 is the state's own key, not one this site invented.