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 196578District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
May 2003 – May 2026
Value, last 12 filed months
$11 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 Gas112004-02-11155428
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
CondensateDisposition9,974 bbl$553,169
GasProduction723,829 Mcf$3,943,496
Total$4,496,665

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 32.0790, -94.5002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07901, -94.50018 · 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

42-3653496049,900 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 202600106.413.05$0
Apr 2026019198.932.87$548
Mar 202616889.753.15$304
Feb 2026042463.503.75$1,590
Jan 2026032459.138.00$2,591
Dec 2025029056.664.41$1,280
Nov 2025023258.593.93$911
Oct 2025027959.383.30$922
Sep 2025031962.743.08$982
Aug 202506663.933.01$199
Jul 2025026766.743.32$885
Jun 2025031166.483.13$973
May 2025051460.553.23$1,661
Apr 2025035062.363.54$1,240
Mar 2025043767.704.27$1,865
Feb 2025041270.884.34$1,788
Jan 2025038474.324.28$1,643
Dec 2024054868.993.12$1,711
Nov 2024043869.052.20$963
Oct 202417664371.372.28$14,028
Sep 2024055769.612.36$1,317
Aug 2024173875.632.06$1,599
Jul 2024078379.932.15$1,681
Jun 2024091078.082.63$2,397
May 2024077678.812.20$1,706
Apr 2024043384.451.66$718
Mar 2024081780.301.55$1,262
Feb 2024045076.091.78$803
Jan 2024047773.023.30$1,573
Dec 2023054571.262.61$1,423
Nov 2023047777.892.81$1,339
Oct 2023097885.443.09$3,019
Sep 2023089889.042.74$2,456
Aug 2023075280.522.67$2,010
Jul 2023069874.852.64$1,844
Jun 2023066868.962.26$1,509
May 2023081270.622.23$1,809
Apr 2023068378.122.24$1,528
Mar 2023065172.852.39$1,558
Feb 202301,09875.112.47$2,707
Jan 2023076276.533.39$2,581
Dec 202217379776.415.73$17,785
Nov 202201,03685.005.65$5,849
Oct 2022095587.185.86$5,600
Sep 2022092284.888.16$7,527
Aug 2022080194.529.13$7,311
Jul 20220753101.587.54$5,679
Jun 20220924115.097.98$7,371
May 202221,031109.378.43$8,913
Apr 202201,046104.226.84$7,152
Mar 202201,076108.885.08$5,462
Feb 2022092191.054.86$4,475
Jan 2022093781.844.54$4,252
Dec 202101,21071.323.90$4,718
Nov 202101,12277.435.24$5,876
Oct 202101,14679.795.71$6,548
Sep 20211801,11669.865.35$18,546
Aug 2021099266.024.22$4,187
Jul 2021099070.783.98$3,942
Jun 202101,23169.493.38$4,162
May 2021042963.483.02$1,295
Apr 2021073360.362.76$2,022
Mar 2021093761.302.72$2,546
Feb 2021092357.805.55$5,121
Jan 2021077750.412.81$2,184
Dec 2020074844.642.68$2,001
Nov 202017940638.772.71$8,039
Oct 2020070636.972.48$1,750
Sep 2020052837.091.99$1,051
Aug 2020055839.982.39$1,331
Jul 2020070238.371.83$1,281
Jun 2020059934.901.69$1,013
May 202001,21516.921.81$2,205
Apr 202001,16814.751.80$2,108
Mar 202001,21430.341.86$2,253
Feb 202001,14849.881.98$2,274
Jan 202001,22457.252.09$2,564
Dec 201901,35259.012.30$3,115
Nov 201901,32655.302.75$3,647
Oct 201901,30653.472.42$3,159
Sep 20191741,07455.052.66$12,433
Aug 201901,10253.112.30$2,539
Jul 201901,09356.272.46$2,689
Jun 201901,14752.782.49$2,857
May 20191391,26358.482.74$11,590
Apr 201901,28862.632.75$3,543
Mar 2019681,17056.803.06$7,445
Feb 2019086750.852.79$2,421
Jan 201901,01246.033.23$3,267
Dec 2018088946.594.19$3,721
Nov 201801,05852.934.24$4,483
Oct 201801,09261.443.40$3,711
Sep 201801,26859.543.11$3,941
Aug 201801,35659.403.07$4,158
Jul 201801,19965.142.93$3,515
Jun 20181641,32560.183.08$13,946
May 201801,40065.382.90$4,061
Apr 201801,13063.842.90$3,278
Mar 201801,14461.222.79$3,188
Feb 201801,06661.782.77$2,949
Jan 201801,17462.874.01$4,707
Dec 201701,26457.272.92$3,693
Nov 201701,37355.423.12$4,282
Oct 201701,50449.292.98$4,487
Sep 20171401,63247.523.09$11,691
Aug 201701,79745.373.00$5,399
Jul 201701,70243.873.09$5,255
Jun 201701,71942.493.09$5,307
May 201701,78245.373.26$5,815
Apr 201701,68047.933.21$5,395
Mar 201701,89546.772.98$5,654
Feb 201701,37150.452.95$4,048
Jan 20171861,62749.413.42$14,753
Dec 201601,66948.763.72$6,213
Nov 201601,68542.492.64$4,456
Oct 201601,99246.193.09$6,156
Sep 201602,41441.553.10$7,485
Aug 201602,73841.442.92$8,007
Jul 201602,99441.622.92$8,755
Jun 20161833,06145.352.69$16,520
May 201602,68842.521.99$5,352
Apr 201602,48636.561.99$4,950
Mar 201602,56433.011.79$4,600
Feb 201602,06026.472.06$4,251
Jan 201602,31027.352.36$5,462
Dec 20151752,37232.362.00$10,410
Nov 201502,40138.792.17$5,204
Oct 201502,57043.552.43$6,236
Sep 201502,56842.992.76$7,084
Aug 201502,73140.162.87$7,845
Jul 201502,63148.152.95$7,749
Jun 201502,44556.152.88$7,049
May 20151852,52755.212.96$17,682
Apr 201502,33349.822.71$6,314
Mar 201502,24142.892.93$6,577
Feb 201501,93144.662.98$5,747
Jan 201502,17843.433.10$6,753
Dec 201402,20754.693.59$7,926
Nov 201402,23670.464.25$9,507
Oct 201402,23778.303.90$8,726
Sep 201402,37586.164.05$9,608
Aug 201402,36489.394.04$9,539
Jul 201402,28196.564.18$9,534
Jun 20141762,02298.164.74$26,854
May 201402,06094.734.73$9,737
Apr 201401,99795.944.81$9,604
Mar 201402,01295.895.06$10,174
Feb 201401,77197.406.19$10,966
Jan 201402,02690.404.86$9,848
Dec 201301,89591.824.35$8,252
Nov 201301,82888.853.74$6,834
Oct 201301,76097.423.78$6,652
Sep 201301,892104.113.72$7,034
Aug 201301,982104.253.52$6,982
Jul 201302,021102.523.72$7,514
Jun 201301,96294.403.93$7,717
May 20131762,10594.834.15$25,424
Apr 201301,88593.964.28$8,073
Mar 201301,83293.623.91$7,168
Feb 201301,70891.233.42$5,841
Jan 201301,82991.603.42$6,255
Dec 201201,99986.773.42$6,837
Nov 201201,98686.953.62$7,199
Oct 201201,81389.383.40$6,164
Sep 201202,13594.672.92$6,231
Aug 201202,44092.662.91$7,096
Jul 201202,40885.133.02$7,274
Jun 2012122,13279.822.52$6,328
May 2012171,74891.612.49$5,907
Apr 20120225101.652.00$449
Mar 201216446105.052.22$2,672
Feb 20121791,418101.102.57$21,742
Jan 201201,81898.092.73$4,971
Dec 20114011,73996.873.24$44,479
Nov 201101,75295.723.31$5,801
Oct 201101,77784.983.65$6,483
Sep 201101,80183.623.99$7,178
Aug 201101,94883.404.15$8,083
Jul 201102,00794.144.52$9,066
Jun 201101,99092.904.64$9,233
May 201101,94198.134.40$8,550
Apr 201101,910105.964.33$8,277
Mar 201102,29096.364.06$9,291
Feb 201101,90085.644.18$7,942
Jan 20111702,07086.504.59$24,204
Dec 201002,07485.734.35$9,017
Nov 201002,18480.843.80$8,289
Oct 201002,36878.103.51$8,309
Sep 201002,18972.633.98$8,711
Aug 201002,57873.684.42$11,393
Jul 201002,59072.554.74$12,268
Jun 201002,62670.364.91$12,895
May 20101752,87871.124.24$24,635
Apr 201002,82181.694.12$11,630
Mar 201002,93178.394.39$12,863
Feb 201002,49973.585.44$13,600
Jan 201002,46074.365.96$14,672
Dec 200902,67371.445.48$14,658
Nov 20091782,96074.593.75$24,381
Oct 200903,03272.544.11$12,462
Sep 200902,75665.543.06$8,446
Aug 200902,87167.423.22$9,240
Jul 20091772,44261.133.46$19,280
Jun 200902,78066.163.90$10,828
May 200902,30754.743.93$9,057
Apr 2009055846.773.59$2,002
Mar 20090042.144.06$0
Feb 2009032432.814.63$1,501
Jan 200902,98535.865.37$16,032
Dec 200802,93737.105.98$17,555
Nov 200802,76755.496.86$18,983
Oct 20081842,71675.246.92$32,644
Sep 200802,151101.767.88$16,944
Aug 200802,547114.228.48$21,606
Jul 200803,106131.0811.39$35,376
Jun 200803,735131.3313.03$48,677
May 200803,896123.1711.57$45,093
Apr 20081793,281110.3110.45$54,048
Mar 200803,753101.909.66$36,269
Feb 200805,48492.538.77$48,098
Jan 200803,28190.388.21$26,923
Dec 20071763,64388.337.30$42,147
Nov 200704,76391.677.29$34,730
Oct 200704,42082.856.92$30,595
Sep 200704,56975.846.24$28,530
Aug 20071784,88569.066.39$43,498
Jul 200705,04470.906.39$32,221
Jun 200705,62662.007.55$42,468
May 200703,88258.747.85$30,459
Apr 20071773,91359.617.81$41,093
Mar 200706,26556.927.30$45,747
Feb 20071803,35755.108.22$37,499
Jan 200702,87950.306.73$19,367
Dec 200603,20656.656.92$22,181
Nov 200602,67054.207.62$20,339
Oct 200603,61154.906.01$21,716
Sep 20061762,77560.085.04$24,552
Aug 200603,31468.717.34$24,324
Jul 200603,79369.376.34$24,058
Jun 20061703,45466.286.38$33,318
May 200603,87066.016.42$24,865
Apr 200603,93064.397.36$28,927
Mar 20061824,52556.707.08$42,370
Feb 200603,87557.597.75$30,036
Jan 200604,60560.598.93$41,138
Dec 20051874,71354.9413.42$73,501
Nov 200504,93754.6910.59$52,275
Oct 200504,10258.3413.80$56,590
Sep 20051825,54561.4512.08$78,162
Aug 200505,91161.519.80$57,909
Jul 200505,83755.697.84$45,783
Jun 20051715,73052.337.38$51,242
May 200506,15045.226.65$40,905
Apr 20051796,11249.207.36$53,794
Mar 20051787,96150.377.15$65,926
Feb 200508,13345.226.31$51,335
Jan 200518111,25643.166.32$78,975
Dec 2004011,45239.866.75$77,313
Nov 200418911,57545.286.33$81,833
Oct 200417912,53849.706.52$90,583
Sep 20041749,07243.245.28$55,459
Aug 20041797,33642.375.55$48,304
Jul 20041786,86938.286.08$48,606
Jun 20041837,52836.106.43$55,034
May 20041827,75037.486.49$57,154
Apr 20041878,64534.475.86$57,092
Mar 20041898,53634.365.53$53,699
Feb 20041858,93532.455.51$55,232
Jan 200418910,90532.036.30$74,751
Dec 20031878,80730.266.30$61,157
Nov 200336911,49928.804.60$63,467
Oct 200337215,75728.174.76$85,477
Sep 200336920,49226.314.75$107,032
Aug 200318023,87929.765.13$127,849
Jul 2003011,58229.415.17$59,889
Jun 2003028328.565.98$1,693
May 200309126.595.97$544

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  191 Mcf  × $  2.87 =       $548

────────────────────────────────────────────────────
Month total                                     $548

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/196578 is the state's own key, not one this site invented.