CARTHAGE GAS UNIT 17

Operated by VALENCE OPERATING COMPANY (P-5 881167) 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 177105District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Mar 2000 – Jul 2014
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
173
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 Gas112000-06-29142053
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
CondensateDisposition389 bbl$19,385
GasProduction583,085 Mcf$2,890,080
Total$2,909,465

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 32.0915, -94.4271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09147, -94.42711 · 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
0.0%
0 of 1 wells
Median depth
9,612 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
1100.0%
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.
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 9,612 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-3653431349,612 ftOct 2016Yes

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 (173)

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

173 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014012895.944.81$616
Mar 2014011995.895.06$602
Feb 2014010697.406.19$656
Jan 2014013990.404.86$676
Dec 2013020091.824.35$871
Nov 201303488.853.74$127
Oct 201301,63697.423.78$6,183
Sep 201303,139104.113.72$11,670
Aug 201304,380104.253.52$15,429
Jul 201303,745102.523.72$13,923
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013026893.964.28$1,148
Mar 2013030593.623.91$1,193
Feb 2013113991.233.42$567
Jan 20131033591.603.42$2,062
Dec 2012057086.773.42$1,949
Nov 20122254486.953.62$3,885
Oct 2012063589.383.40$2,159
Sep 20122459494.672.92$4,006
Aug 20123481292.662.91$5,512
Jul 2012341,04385.133.02$6,045
Jun 2012079679.822.52$2,005
May 2012252,41991.612.49$8,310
Apr 2012025101.652.00$50
Mar 201203105.052.22$7
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201104384.983.65$157
Sep 20110083.623.99$0
Aug 201107883.404.15$324
Jul 2011053694.144.52$2,421
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 2010064372.554.74$3,046
Jun 2010068670.364.91$3,369
May 2010072271.124.24$3,058
Apr 201001,18881.694.12$4,898
Mar 2010031178.394.39$1,365
Feb 2010052273.585.44$2,841
Jan 2010091474.365.96$5,451
Dec 2009066871.445.48$3,663
Nov 2009067074.593.75$2,514
Oct 2009073272.544.11$3,009
Sep 2009070965.543.06$2,173
Aug 2009074667.423.22$2,401
Jul 2009080061.133.46$2,772
Jun 2009077666.163.90$3,023
May 2009078054.743.93$3,062
Apr 2009078546.773.59$2,816
Mar 200901,22942.144.06$4,989
Feb 2009070032.814.63$3,243
Jan 2009079635.865.37$4,275
Dec 2008079637.105.98$4,758
Nov 2008079155.496.86$5,427
Oct 2008085175.246.92$5,891
Sep 20080797101.767.88$6,278
Aug 20080916114.228.48$7,770
Jul 20080945131.0811.39$10,763
Jun 20080897131.3313.03$11,690
May 20080934123.1711.57$10,810
Apr 20080910110.3110.45$9,514
Mar 20080942101.909.66$9,104
Feb 2008086992.538.77$7,622
Jan 2008094090.388.21$7,713
Dec 200701,01188.337.30$7,382
Nov 2007093391.677.29$6,803
Oct 2007098882.856.92$6,839
Sep 200701,12975.846.24$7,050
Aug 200701,15769.066.39$7,391
Jul 200701,22370.906.39$7,812
Jun 200701,38762.007.55$10,470
May 200701,28158.747.85$10,051
Apr 200701,24959.617.81$9,749
Mar 200701,41656.927.30$10,340
Feb 200701,30155.108.22$10,689
Jan 200701,62650.306.73$10,938
Dec 200601,66256.656.92$11,498
Nov 200601,48254.207.62$11,289
Oct 200601,54254.906.01$9,273
Sep 200601,51660.085.04$7,636
Aug 200601,49168.717.34$10,944
Jul 200601,62969.376.34$10,332
Jun 200602,17166.286.38$13,859
May 200602,57366.016.42$16,532
Apr 200603,96164.397.36$29,155
Mar 200603,44056.707.08$24,365
Feb 200601,65057.597.75$12,789
Jan 200602,25360.598.93$20,127
Dec 200504,32254.9413.42$57,981
Nov 200501,70454.6910.59$18,043
Oct 200501,29158.3413.80$17,810
Sep 200501,76161.4512.08$21,271
Aug 200501,77261.519.80$17,360
Jul 200502,00355.697.84$15,711
Jun 200501,50752.337.38$11,123
May 200501,69845.226.65$11,294
Apr 200502,58549.207.36$19,027
Mar 200503,28050.377.15$23,468
Feb 200502,80745.226.31$17,718
Jan 200502,71343.166.32$17,152
Dec 200404,57239.866.75$30,866
Nov 200404,29645.286.33$27,195
Oct 200403,99749.706.52$26,041
Sep 200403,39343.245.28$17,928
Aug 200403,29442.375.55$18,284
Jul 200403,52138.286.08$21,422
Jun 200403,29136.106.43$21,171
May 200404,49537.486.49$29,193
Apr 200404,69234.475.86$27,488
Mar 200404,33934.365.53$23,995
Feb 200404,58032.455.51$25,234
Jan 200404,96832.036.30$31,297
Dec 200304,65730.266.30$29,347
Nov 200304,35828.804.60$20,026
Oct 200304,43128.174.76$21,090
Sep 200305,13626.314.75$24,393
Aug 200302,73229.765.13$14,014
Jul 200303,94029.415.17$20,373
Jun 200304,51728.565.98$27,025
May 200304,39226.595.97$26,232
Apr 200303,64826.675.41$19,726
Mar 200304,38331.146.10$26,719
Feb 200304,49633.487.93$35,635
Jan 200304,33430.315.58$24,193
Dec 200204,41326.914.85$21,420
Nov 200205,75324.664.14$23,800
Oct 200204,78326.464.23$20,228
Sep 200205,34827.443.64$19,441
Aug 200205,52025.963.16$17,466
Jul 200205,75224.583.06$17,611
Jun 200205,61223.733.34$18,734
May 200205,42524.663.58$19,443
Apr 200204,30323.653.51$15,114
Mar 200205,87522.003.10$18,228
Feb 200206,15118.222.38$14,613
Jan 200207,38417.172.38$17,542
Dec 200107,64316.932.36$18,071
Nov 200107,62518.072.41$18,342
Oct 200108,17319.782.53$20,669
Sep 200108,23924.262.25$18,549
Aug 200108,85824.873.05$27,045
Jul 200109,10223.933.20$29,100
Jun 200109,44724.563.82$36,127
May 200106,82225.524.31$29,385
Apr 200107,27324.685.34$38,804
Mar 2001010,68424.545.38$57,442
Feb 200109,74627.755.77$56,206
Jan 200109,72327.478.40$81,661
Dec 2000012,99326.889.12$118,529
Nov 2000013,64632.215.66$77,209
Oct 2000013,64631.235.15$70,215
Sep 2000015,78131.875.19$81,848
Aug 2000018,30929.644.54$83,137
Jul 2000021,03628.534.09$86,032
Jun 2000023,82629.304.40$104,769
May 2000027,48527.263.68$101,138
Apr 200023930,59124.513.12$101,179
Mar 2000020,40628.422.86$58,356

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.

Apr 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.94 =         $0
Gas                  128 Mcf  × $  4.81 =       $616

────────────────────────────────────────────────────
Month total                                     $616

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/177105 is the state's own key, not one this site invented.