CHADWICK

Operated by RFE OPERATING, LLC (P-5 704776) in the CARTHAGE, S. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194824District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
May 2003 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
277
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112004-02-11155433
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
CondensateDisposition8,717 bbl$407,875
GasProduction375,606 Mcf$2,310,891
Total$2,718,766

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 32.0861, -94.5075. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08608, -94.50748 · 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
9,900 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 9,900 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-3653495839,900 ftMay 2003

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 (277)

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

277 months

May 20261372106.413.05$1,239
Apr 2026133298.932.87$1,052
Mar 202606389.753.15$198
Feb 2026023863.503.75$893
Jan 202627859.138.00$742
Dec 2025015056.664.41$662
Nov 202509058.593.93$353
Oct 202504259.383.30$139
Sep 202505062.743.08$154
Aug 2025010363.933.01$311
Jul 2025011166.743.32$368
Jun 20257718066.483.13$5,682
May 2025014760.553.23$475
Apr 2025015562.363.54$549
Mar 2025028767.704.27$1,225
Feb 2025024670.884.34$1,068
Jan 2025039874.324.28$1,703
Dec 2024032168.993.12$1,002
Nov 2024041869.052.20$919
Oct 2024044371.372.28$1,011
Sep 2024128469.612.36$741
Aug 2024125275.632.06$596
Jul 2024127879.932.15$677
Jun 2024014178.082.63$371
May 2024221178.812.20$621
Apr 2024220184.451.66$502
Mar 202407380.301.55$113
Feb 2024016076.091.78$285
Jan 2024035973.023.30$1,184
Dec 2023025771.262.61$671
Nov 2023024977.892.81$699
Oct 2023110985.443.09$422
Sep 2023023989.042.74$654
Aug 2023016980.522.67$452
Jul 2023026174.852.64$690
Jun 2023021168.962.26$477
May 2023016470.622.23$365
Apr 2023015178.122.24$338
Mar 2023024772.852.39$591
Feb 2023029975.112.47$737
Jan 2023025076.533.39$847
Dec 2022020576.415.73$1,174
Nov 2022032285.005.65$1,818
Oct 202223529387.185.86$22,205
Sep 2022048384.888.16$3,943
Aug 2022038094.529.13$3,468
Jul 20221367101.587.54$2,870
Jun 20222485115.097.98$4,099
May 20220388109.378.43$3,272
Apr 20220391104.226.84$2,674
Mar 20220345108.885.08$1,751
Feb 2022038991.054.86$1,890
Jan 2022038381.844.54$1,738
Dec 2021049371.323.90$1,922
Nov 2021042777.435.24$2,236
Oct 2021039679.795.71$2,263
Sep 2021050669.865.35$2,708
Aug 2021028366.024.22$1,194
Jul 2021048570.783.98$1,931
Jun 2021043069.493.38$1,454
May 2021039663.483.02$1,195
Apr 2021033260.362.76$916
Mar 2021046161.302.72$1,253
Feb 2021034257.805.55$1,897
Jan 2021042850.412.81$1,203
Dec 2020031844.642.68$851
Nov 2020024338.772.71$658
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 2020059216.921.81$1,074
Apr 2020047914.751.80$864
Mar 2020044630.341.86$828
Feb 2020045549.881.98$901
Jan 2020059257.252.09$1,240
Dec 2019047959.012.30$1,104
Nov 2019046255.302.75$1,271
Oct 2019043353.472.42$1,047
Sep 2019049755.052.66$1,321
Aug 2019036353.112.30$836
Jul 2019038256.272.46$940
Jun 2019034352.782.49$854
May 2019042658.482.74$1,167
Apr 2019053362.632.75$1,466
Mar 2019041356.803.06$1,265
Feb 2019037350.852.79$1,042
Jan 2019036646.033.23$1,182
Dec 2018038846.594.19$1,624
Nov 2018052252.934.24$2,212
Oct 2018046061.443.40$1,563
Sep 2018050259.543.11$1,560
Aug 2018019059.403.07$583
Jul 2018064665.142.93$1,894
Jun 2018012460.183.08$382
May 20180165.382.90$3
Apr 2018019263.842.90$557
Mar 2018013461.222.79$373
Feb 2018016761.782.77$462
Jan 2018019862.874.01$794
Dec 2017016557.272.92$482
Nov 2017018155.423.12$564
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 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012555791.612.49$5,180
Apr 201200101.652.00$0
Mar 201289105.052.22$860
Feb 20120204101.102.57$524
Jan 2012469998.092.73$2,303
Dec 2011071696.873.24$2,320
Nov 201118061995.723.31$19,279
Oct 2011069384.983.65$2,528
Sep 2011073783.623.99$2,938
Aug 2011079983.404.15$3,315
Jul 2011095194.144.52$4,296
Jun 2011094392.904.64$4,375
May 201101,07998.134.40$4,753
Apr 201101,189105.964.33$5,152
Mar 201101,30896.364.06$5,307
Feb 201101,09085.644.18$4,556
Jan 20111751,18386.504.59$20,566
Dec 2010068085.734.35$2,956
Nov 2010044080.843.80$1,670
Oct 2010036078.103.51$1,263
Sep 2010015172.633.98$601
Aug 2010018373.684.42$809
Jul 2010026872.554.74$1,269
Jun 2010087770.364.91$4,306
May 201001,58971.124.24$6,730
Apr 201001,37481.694.12$5,665
Mar 201001,52578.394.39$6,693
Feb 201001,26973.585.44$6,906
Jan 20101731,24874.365.96$20,307
Dec 200901,11071.445.48$6,087
Nov 200901,54974.593.75$5,811
Oct 200901,65872.544.11$6,815
Sep 200901,59965.543.06$4,901
Aug 200901,55467.423.22$5,002
Jul 20091611,33561.133.46$14,467
Jun 200901,66366.163.90$6,477
May 2009092854.743.93$3,643
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009023732.814.63$1,098
Jan 200901,96835.865.37$10,570
Dec 200801,63837.105.98$9,791
Nov 200801,27555.496.86$8,747
Oct 200801,40275.246.92$9,705
Sep 20081841,370101.767.88$29,515
Aug 200801,469114.228.48$12,462
Jul 200802,015131.0811.39$22,950
Jun 200802,248131.3313.03$29,297
May 200802,563123.1711.57$29,665
Apr 200802,059110.3110.45$21,527
Mar 200801,786101.909.66$17,260
Feb 20081771,90592.538.77$33,086
Jan 200801,79890.388.21$14,754
Dec 200701,75488.337.30$12,808
Nov 200702,08491.677.29$15,196
Oct 200701,99382.856.92$13,796
Sep 20071771,92575.846.24$25,444
Aug 200702,27569.066.39$14,533
Jul 200702,43270.906.39$15,535
Jun 200701,85662.007.55$14,010
May 20071801,79258.747.85$24,634
Apr 200701,61059.617.81$12,566
Mar 200701,40256.927.30$10,237
Feb 2007069355.108.22$5,694
Jan 20071761,58950.306.73$19,542
Dec 200601,97356.656.92$13,650
Nov 200602,21154.207.62$16,842
Oct 200602,32754.906.01$13,994
Sep 200602,52460.085.04$12,714
Aug 20061682,46368.717.34$29,622
Jul 200602,76969.376.34$17,563
Jun 200603,22966.286.38$20,614
May 20061753,73866.016.42$35,568
Apr 200602,02064.397.36$14,868
Mar 200602,13556.707.08$15,122
Feb 200601,17857.597.75$9,131
Jan 20061792,18660.598.93$30,374
Dec 200502,39154.9413.42$32,076
Nov 200502,24354.6910.59$23,750
Oct 20051743,56658.3413.80$59,347
Sep 200504,50461.4512.08$54,404
Aug 20051735,56861.519.80$65,190
Jul 200503,76455.697.84$29,523
Jun 20051793,20852.337.38$33,045
May 200503,56145.226.65$23,685
Apr 20051863,39249.207.36$34,118
Mar 200504,15450.377.15$29,721
Feb 200504,24345.226.31$26,781
Jan 20051855,96143.166.32$45,671
Dec 20041936,80139.866.75$53,607
Nov 200407,35545.286.33$46,560
Oct 20041819,70149.706.52$72,199
Sep 20043638,16843.245.28$58,855
Aug 200407,54442.375.55$41,874
Jul 20041765,53038.286.08$40,383
Jun 20041776,17036.106.43$46,081
May 20041835,45837.486.49$42,306
Apr 20041795,87734.475.86$40,600
Mar 20041786,32134.365.53$41,072
Feb 20041856,26332.455.51$40,510
Jan 20041906,98532.036.30$50,089
Dec 20031815,41830.266.30$39,619
Nov 20033717,25828.804.60$44,036
Oct 20031699,40628.174.76$49,530
Sep 200337412,07426.314.75$67,184
Aug 200350813,72929.765.13$85,544
Jul 200333116,32429.415.17$94,144
Jun 200367820,03628.565.98$139,238
May 200370424,84226.595.97$167,093

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             1 bbl  × $106.41 =       $106
Gas                  372 Mcf  × $  3.05 =     $1,133

────────────────────────────────────────────────────
Month total                                   $1,239

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/194824 is the state's own key, not one this site invented.