GALES

Operated by EQV OPERATING LLC (P-5 101634) 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 181231District 06Field 160342502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Aug 2000 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
310
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 Gas112001-05-10143250
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
CondensateDisposition3,554 bbl$159,149
GasProduction478,466 Mcf$2,576,816
Total$2,735,965

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 32.2723, -94.1897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27231, -94.18971 · 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
9,842 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 9,842 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-3653440729,842 ftAug 2000

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 (310)

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

310 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026010459.138.00$832
Dec 202508156.664.41$357
Nov 202507658.593.93$298
Oct 202505159.383.30$169
Sep 20250062.743.08$0
Aug 202505463.933.01$163
Jul 202503066.743.32$99
Jun 20250366.483.13$9
May 20250760.553.23$23
Apr 20250462.363.54$14
Mar 202502467.704.27$102
Feb 20250070.884.34$0
Jan 202501374.324.28$56
Dec 20240068.993.12$0
Nov 20240969.052.20$20
Oct 202402771.372.28$62
Sep 20240669.612.36$14
Aug 20240775.632.06$14
Jul 202401279.932.15$26
Jun 202401678.082.63$42
May 202407778.812.20$169
Apr 2024010784.451.66$178
Mar 2024013180.301.55$202
Feb 202408176.091.78$144
Jan 2024017973.023.30$590
Dec 2023011771.262.61$305
Nov 2023013877.892.81$387
Oct 2023013885.443.09$426
Sep 2023011189.042.74$304
Aug 2023013380.522.67$355
Jul 2023012374.852.64$325
Jun 2023014668.962.26$330
May 202309770.622.23$216
Apr 2023010278.122.24$228
Mar 202308672.852.39$206
Feb 20230875.112.47$20
Jan 202301876.533.39$61
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202201587.185.86$88
Sep 202201884.888.16$147
Aug 202201894.529.13$164
Jul 2022010101.587.54$75
Jun 2022017115.097.98$136
May 2022018109.378.43$152
Apr 202209104.226.84$62
Mar 202205108.885.08$25
Feb 202202791.054.86$131
Jan 202206781.844.54$304
Dec 2021013371.323.90$519
Nov 202105277.435.24$272
Oct 202101879.795.71$103
Sep 202103269.865.35$171
Aug 202106566.024.22$274
Jul 202108570.783.98$338
Jun 202106469.493.38$216
May 202101663.483.02$48
Apr 202107560.362.76$207
Mar 202107461.302.72$201
Feb 202105757.805.55$316
Jan 202107150.412.81$200
Dec 202007344.642.68$195
Nov 202007138.772.71$192
Oct 202006836.972.48$169
Sep 202008837.091.99$175
Aug 202007239.982.39$172
Jul 202008938.371.83$162
Jun 202007834.901.69$132
May 202007416.921.81$134
Apr 202006214.751.80$112
Mar 2020010330.341.86$191
Feb 2020013249.881.98$261
Jan 202008357.252.09$174
Dec 201907459.012.30$171
Nov 2019013055.302.75$358
Oct 2019025553.472.42$617
Sep 2019033455.052.66$888
Aug 2019065453.112.30$1,507
Jul 2019017156.272.46$421
Jun 20190052.782.49$0
May 201902058.482.74$55
Apr 201903162.632.75$85
Mar 201904456.803.06$135
Feb 201902550.852.79$70
Jan 20190046.033.23$0
Dec 201801546.594.19$63
Nov 201803152.934.24$131
Oct 20180761.443.40$24
Sep 201801559.543.11$47
Aug 201801759.403.07$52
Jul 201802065.142.93$59
Jun 201802360.183.08$71
May 20180865.382.90$23
Apr 201802963.842.90$84
Mar 201802261.222.79$61
Feb 201802261.782.77$61
Jan 201803362.874.01$132
Dec 201703257.272.92$93
Nov 201703155.423.12$97
Oct 201706349.292.98$188
Sep 201701547.523.09$46
Aug 201703045.373.00$90
Jul 201703943.873.09$120
Jun 201703942.493.09$120
May 201703245.373.26$104
Apr 201702547.933.21$80
Mar 201703746.772.98$110
Feb 201702650.452.95$77
Jan 201702749.413.42$92
Dec 201605048.763.72$186
Nov 201603442.492.64$90
Oct 201605346.193.09$164
Sep 201604741.553.10$146
Aug 201605441.442.92$158
Jul 201606141.622.92$178
Jun 201607545.352.69$201
May 201609142.521.99$181
Apr 201608736.561.99$173
Mar 2016015533.011.79$278
Feb 2016013826.472.06$285
Jan 2016014727.352.36$348
Dec 2015016732.362.00$334
Nov 2015017338.792.17$375
Oct 2015023143.552.43$561
Sep 2015028842.992.76$794
Aug 2015066640.162.87$1,913
Jul 2015093648.152.95$2,757
Jun 201501,04356.152.88$3,007
May 2015088455.212.96$2,613
Apr 2015090249.822.71$2,441
Mar 2015091642.892.93$2,688
Feb 2015090144.662.98$2,682
Jan 2015082543.433.10$2,558
Dec 2014098654.693.59$3,541
Nov 201401,32570.464.25$5,634
Oct 201401,36878.303.90$5,337
Sep 201401,27586.164.05$5,158
Aug 201401,13589.394.04$4,580
Jul 201401,12496.564.18$4,698
Jun 2014087398.164.74$4,135
May 2014088794.734.73$4,192
Apr 2014079695.944.81$3,828
Mar 201401,03895.895.06$5,249
Feb 201401,18197.406.19$7,313
Jan 201401,40090.404.86$6,805
Dec 201301,35991.824.35$5,918
Nov 201301,39688.853.74$5,219
Oct 201301,31297.423.78$4,959
Sep 201301,386104.113.72$5,153
Aug 201301,184104.253.52$4,171
Jul 201301,133102.523.72$4,212
Jun 201301,17494.403.93$4,618
May 201301,25894.834.15$5,220
Apr 201301,16893.964.28$5,002
Mar 2013094793.623.91$3,705
Feb 201301,01091.233.42$3,454
Jan 2013096891.603.42$3,310
Dec 201201,09686.773.42$3,749
Nov 201201,20086.953.62$4,350
Oct 2012043589.383.40$1,479
Sep 201201,26994.672.92$3,703
Aug 201201,18792.662.91$3,452
Jul 201201,04585.133.02$3,157
Jun 201201,29879.822.52$3,270
May 201201,35991.612.49$3,382
Apr 201201,268101.652.00$2,532
Mar 201201,120105.052.22$2,489
Feb 201201,149101.102.57$2,953
Jan 201201,11598.092.73$3,049
Dec 201101,26896.873.24$4,108
Nov 201101,26195.723.31$4,176
Oct 201101,46384.983.65$5,338
Sep 201101,60283.623.99$6,385
Aug 201101,73983.404.15$7,216
Jul 201101,54394.144.52$6,970
Jun 201101,07792.904.64$4,997
May 201101,28298.134.40$5,647
Apr 2011471,424105.964.33$11,151
Mar 2011461,36896.364.06$9,983
Feb 2011351,05285.644.18$7,395
Jan 2011461,41886.504.59$10,486
Dec 2010451,35685.734.35$9,753
Nov 2010541,63080.843.80$10,552
Oct 2010501,54378.103.51$9,319
Sep 2010481,46772.633.98$9,324
Aug 2010511,55473.684.42$10,625
Jul 2010491,48272.554.74$10,574
Jun 201001,38370.364.91$6,791
May 201001,42671.124.24$6,039
Apr 201001,56081.694.12$6,431
Mar 201001,60078.394.39$7,022
Feb 201001,21373.585.44$6,602
Jan 201001,48474.365.96$8,851
Dec 200901,38571.445.48$7,595
Nov 200901,24974.593.75$4,686
Oct 200901,95372.544.11$8,027
Sep 200901,96265.543.06$6,013
Aug 200901,35667.423.22$4,364
Jul 200901,92461.133.46$6,666
Jun 200901,45266.163.90$5,656
May 200901,44554.743.93$5,673
Apr 200901,44046.773.59$5,166
Mar 200901,77842.144.06$7,217
Feb 2009081032.814.63$3,753
Jan 200902,40435.865.37$12,912
Dec 200802,09837.105.98$12,540
Nov 200802,25955.496.86$15,498
Oct 200802,44675.246.92$16,931
Sep 200802,127101.767.88$16,755
Aug 200801,618114.228.48$13,726
Jul 200802,023131.0811.39$23,041
Jun 200801,738131.3313.03$22,651
May 200801,631123.1711.57$18,878
Apr 200801,371110.3110.45$14,334
Mar 200801,824101.909.66$17,627
Feb 200801,63192.538.77$14,305
Jan 200801,39890.388.21$11,472
Dec 200701,99688.337.30$14,575
Nov 200702,06691.677.29$15,065
Oct 200702,16082.856.92$14,951
Sep 200702,11775.846.24$13,219
Aug 200702,33469.066.39$14,909
Jul 200702,40370.906.39$15,350
Jun 200752,00162.007.55$15,414
May 200741,77658.747.85$14,170
Apr 200752,20059.617.81$17,469
Mar 200752,35756.927.30$17,495
Feb 200741,77255.108.22$14,779
Jan 200751,92950.306.73$13,228
Dec 200651,92956.656.92$13,629
Nov 200662,70654.207.62$20,938
Oct 200663,22654.906.01$19,730
Sep 200673,21860.085.04$16,630
Aug 200673,46968.717.34$25,943
Jul 200683,83769.376.34$24,892
Jun 2006942,91766.286.38$24,852
May 2006361,11266.016.42$9,521
Apr 2006732,24364.397.36$21,210
Mar 2006401,23956.707.08$11,044
Feb 2006511,55457.597.75$14,982
Jan 2006862,60060.598.93$28,437
Dec 2005682,60154.9413.42$38,629
Nov 2005642,45854.6910.59$29,526
Oct 2005662,52258.3413.80$38,643
Sep 2005632,40361.4512.08$32,897
Aug 2005722,74161.519.80$31,282
Jul 2005772,95055.697.84$27,427
Jun 2005373,04652.337.38$24,419
May 2005393,19145.226.65$22,987
Apr 2005383,17249.207.36$25,217
Mar 2005433,42550.377.15$26,671
Feb 2005372,99745.226.31$20,590
Jan 2005362,93043.166.32$20,078
Dec 2004352,88339.866.75$20,858
Nov 2004373,03645.286.33$20,895
Oct 2004313,11149.706.52$21,809
Sep 2004333,29143.245.28$18,816
Aug 2004323,28442.375.55$19,584
Jul 2004333,40338.286.08$21,968
Jun 2004533,63436.106.43$25,291
May 2004624,26937.486.49$30,049
Apr 2004795,39334.475.86$34,318
Mar 20041284734.365.53$5,096
Feb 2004856632.455.51$3,378
Jan 2004181,28632.036.30$8,678
Dec 2003221,52130.266.30$10,251
Nov 2003372,56028.804.60$12,829
Oct 2003202,52628.174.76$12,586
Sep 2003192,38826.314.75$11,841
Aug 2003212,56829.765.13$13,798
Jul 2003202,36829.415.17$12,833
Jun 2003212,52128.565.98$15,683
May 2003483,13626.595.97$20,007
Apr 2003513,27126.675.41$19,047
Mar 2003483,11131.146.10$20,460
Feb 2003493,34433.487.93$28,145
Jan 2003533,55130.315.58$21,428
Dec 2002195,05326.914.85$25,037
Nov 2002236,05124.664.14$25,600
Oct 2002506,15226.464.23$27,341
Sep 2002337,96127.443.64$29,845
Aug 2002194,90525.963.16$16,013
Jul 200251,35724.583.06$4,278
Jun 2002122,11523.733.34$7,345
May 2002142,45524.663.58$9,144
Apr 2002183,18723.653.51$11,619
Mar 2002254,38222.003.10$14,146
Feb 2002183,24118.222.38$8,028
Jan 2002223,97717.172.38$9,826
Dec 2001274,84616.932.36$11,915
Nov 2001344,82818.072.41$12,228
Oct 2001354,81019.782.53$12,856
Sep 2001385,40024.262.25$13,079
Aug 2001436,11624.873.05$19,743
Jul 2001466,49423.933.20$21,863
Jun 2001725,69124.563.82$23,532
May 2001846,63225.524.31$30,710
Apr 2001886,91024.685.34$39,039
Mar 2001997,85424.545.38$44,656
Feb 2001987,72527.755.77$47,270
Jan 20011169,30127.478.40$81,303
Dec 20001169,30126.889.12$87,966
Nov 200008,73632.215.66$49,428
Oct 2000011,40731.235.15$58,695
Sep 2000015,38031.875.19$79,768
Aug 2000016,43829.644.54$74,641

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  104 Mcf  × $  8.00 =       $832

────────────────────────────────────────────────────
Month total                                     $832

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/181231 is the state's own key, not one this site invented.