PRICE, J.S. GAS UNIT

Operated by EQV OPERATING LLC (P-5 101634) in the JOAQUIN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198401District 06Field 465979002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Aug 2003 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
274
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 201 leases and 201 wells, and the rule below applies to all of them.

Discovered
1968-07-31
as the register files it
Field class
Gas
the register's own label
Between wells
934 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-04-08.

The Commission's schedule remark for this field reads: #06-0255295.

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 Gas112004-04-14156047
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
CondensateDisposition223 bbl$19,844
GasProduction1,525,443 Mcf$9,255,520
Total$9,275,364

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 31.9297, -94.0337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92967, -94.03367 · 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
8,700 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 8,700 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-41930853158,700 ftAug 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 (274)

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

274 months

May 2026060106.413.05$183
Apr 202602698.932.87$75
Mar 2026012389.753.15$387
Feb 20260063.503.75$0
Jan 2026012959.138.00$1,032
Dec 2025022556.664.41$993
Nov 2025016958.593.93$664
Oct 2025021359.383.30$704
Sep 2025022262.743.08$683
Aug 202509163.933.01$274
Jul 2025014666.743.32$484
Jun 2025020566.483.13$641
May 2025015260.553.23$491
Apr 2025012362.363.54$436
Mar 202509767.704.27$414
Feb 2025021670.884.34$938
Jan 2025021174.324.28$903
Dec 2024011368.993.12$353
Nov 2024020869.052.20$457
Oct 2024017171.372.28$390
Sep 2024014369.612.36$338
Aug 2024020475.632.06$421
Jul 2024021179.932.15$453
Jun 2024032878.082.63$864
May 2024048378.812.20$1,062
Apr 2024028984.451.66$480
Mar 202409380.301.55$144
Feb 202406476.091.78$114
Jan 202402173.023.30$69
Dec 202302771.262.61$70
Nov 202307377.892.81$205
Oct 202309885.443.09$303
Sep 2023015089.042.74$410
Aug 202309480.522.67$251
Jul 202305474.852.64$143
Jun 2023011168.962.26$251
May 202308670.622.23$192
Apr 202307478.122.24$166
Mar 2023014372.852.39$342
Feb 202308675.112.47$212
Jan 2023013776.533.39$464
Dec 2022012776.415.73$728
Nov 2022011085.005.65$621
Oct 2022015187.185.86$885
Sep 2022013384.888.16$1,086
Aug 2022016894.529.13$1,533
Jul 20220125101.587.54$943
Jun 20220158115.097.98$1,260
May 20220124109.378.43$1,046
Apr 20220180104.226.84$1,231
Mar 20220172108.885.08$873
Feb 2022014191.054.86$685
Jan 2022015781.844.54$712
Dec 2021015471.323.90$600
Nov 2021016477.435.24$859
Oct 2021016879.795.71$960
Sep 2021016669.865.35$888
Aug 2021023566.024.22$992
Jul 2021018770.783.98$745
Jun 2021014569.493.38$490
May 2021019363.483.02$582
Apr 2021016860.362.76$463
Mar 2021016961.302.72$459
Feb 2021017457.805.55$965
Jan 2021025650.412.81$719
Dec 2020016744.642.68$447
Nov 2020014838.772.71$401
Oct 2020013136.972.48$325
Sep 2020022637.091.99$450
Aug 2020012039.982.39$286
Jul 2020019638.371.83$358
Jun 2020012234.901.69$206
May 2020015316.921.81$278
Apr 2020124614.751.80$459
Mar 2020019530.341.86$362
Feb 202009949.881.98$196
Jan 2020017357.252.09$362
Dec 2019018059.012.30$415
Nov 2019021955.302.75$602
Oct 2019019653.472.42$474
Sep 2019024355.052.66$646
Aug 2019015253.112.30$350
Jul 2019017256.272.46$423
Jun 2019015952.782.49$396
May 2019023158.482.74$633
Apr 2019223362.632.75$766
Mar 201907356.803.06$224
Feb 2019015650.852.79$436
Jan 2019013246.033.23$426
Dec 2018020046.594.19$837
Nov 2018016552.934.24$699
Oct 2018018361.443.40$622
Sep 2018019959.543.11$618
Aug 2018015959.403.07$488
Jul 2018020065.142.93$586
Jun 2018017260.183.08$529
May 2018423065.382.90$929
Apr 2018015663.842.90$453
Mar 2018020061.222.79$557
Feb 2018020561.782.77$567
Jan 2018017162.874.01$686
Dec 2017018757.272.92$546
Nov 2017021855.423.12$680
Oct 2017025149.292.98$749
Sep 2017025147.523.09$775
Aug 2017022645.373.00$679
Jul 2017020843.873.09$642
Jun 2017019342.493.09$596
May 2017022045.373.26$718
Apr 2017018747.933.21$601
Mar 2017020046.772.98$597
Feb 2017018150.452.95$534
Jan 2017023149.413.42$790
Dec 2016022048.763.72$819
Nov 2016023442.492.64$619
Oct 2016026746.193.09$825
Sep 2016012441.553.10$384
Aug 2016015241.442.92$445
Jul 2016019441.622.92$567
Jun 2016014545.352.69$389
May 2016022342.521.99$444
Apr 2016011136.561.99$221
Mar 2016174333.011.79$638
Feb 2016015626.472.06$322
Jan 2016019127.352.36$452
Dec 2015015332.362.00$306
Nov 2015014038.792.17$303
Oct 2015013343.552.43$323
Sep 2015029142.992.76$803
Aug 2015041940.162.87$1,204
Jul 2015033448.152.95$984
Jun 201501,36956.152.88$3,947
May 2015066755.212.96$1,971
Apr 2015074349.822.71$2,011
Mar 2015079942.892.93$2,345
Feb 2015080744.662.98$2,402
Jan 2015091143.433.10$2,825
Dec 2014091454.693.59$3,283
Nov 2014068470.464.25$2,908
Oct 2014058878.303.90$2,294
Sep 2014036586.164.05$1,477
Aug 2014034489.394.04$1,388
Jul 2014069796.564.18$2,913
Jun 20141553198.164.74$3,988
May 2014063994.734.73$3,020
Apr 201401,59395.944.81$7,661
Mar 201401,90395.895.06$9,623
Feb 201401,66897.406.19$10,328
Jan 201402,47490.404.86$12,025
Dec 201301,71991.824.35$7,485
Nov 201301,50788.853.74$5,634
Oct 201302,80597.423.78$10,601
Sep 201303,803104.113.72$14,139
Aug 201302,598104.253.52$9,152
Jul 201301,696102.523.72$6,305
Jun 201302,56294.403.93$10,077
May 201302,41294.834.15$10,008
Apr 201302,33893.964.28$10,013
Mar 2013086793.623.91$3,392
Feb 2013083391.233.42$2,849
Jan 2013073391.603.42$2,507
Dec 2012065586.773.42$2,240
Nov 20123077486.953.62$5,414
Oct 2012086589.383.40$2,941
Sep 2012094394.672.92$2,752
Aug 201201,63992.662.91$4,766
Jul 2012312,66085.133.02$10,674
Jun 201202,55379.822.52$6,431
May 201202,72991.612.49$6,791
Apr 201202,545101.652.00$5,082
Mar 2012332,039105.052.22$7,997
Feb 201202,729101.102.57$7,014
Jan 201202,86798.092.73$7,839
Dec 201102,77096.873.24$8,974
Nov 201102,70095.723.31$8,940
Oct 201103,61184.983.65$13,175
Sep 201104,09783.623.99$16,330
Aug 201104,73283.404.15$19,635
Jul 201104,53194.144.52$20,468
Jun 201104,76692.904.64$22,114
May 2011304,57998.134.40$23,114
Apr 2011304,374105.964.33$22,133
Mar 201103,44796.364.06$13,986
Feb 201105,28585.644.18$22,091
Jan 201104,10386.504.59$18,828
Dec 2010303,67385.734.35$18,541
Nov 201003,71280.843.80$14,088
Oct 201003,87378.103.51$13,590
Sep 201004,13272.633.98$16,443
Aug 201004,30373.684.42$19,017
Jul 201004,26272.554.74$20,187
Jun 201004,46370.364.91$21,915
May 201004,80171.124.24$20,333
Apr 201006,02281.694.12$24,827
Mar 201005,81778.394.39$25,529
Feb 20100073.585.44$0
Jan 201005,36674.365.96$32,003
Dec 200906,50071.445.48$35,644
Nov 200905,81074.593.75$21,796
Oct 200906,14872.544.11$25,270
Sep 200906,32965.543.06$19,397
Aug 200906,91667.423.22$22,259
Jul 200907,25861.133.46$25,145
Jun 200906,42466.163.90$25,021
May 200906,70054.743.93$26,303
Apr 200905,88946.773.59$21,127
Mar 200904,84642.144.06$19,670
Feb 200905,96832.814.63$27,650
Jan 200906,64735.865.37$35,701
Dec 200806,53637.105.98$39,067
Nov 200806,65355.496.86$45,642
Oct 200806,18075.246.92$42,778
Sep 200804,843101.767.88$38,149
Aug 200805,335114.228.48$45,257
Jul 200805,599131.0811.39$63,769
Jun 200805,180131.3313.03$67,509
May 200805,626123.1711.57$65,117
Apr 200805,424110.3110.45$56,707
Mar 200805,806101.909.66$56,110
Feb 200805,68192.538.77$49,826
Jan 200805,74390.388.21$47,126
Dec 200705,94988.337.30$43,439
Nov 200706,35791.677.29$46,353
Oct 200706,84982.856.92$47,409
Sep 200707,23575.846.24$45,177
Aug 200707,86269.066.39$50,222
Jul 200707,51570.906.39$48,005
Jun 200707,14762.007.55$53,949
May 200707,42558.747.85$58,259
Apr 200707,42459.617.81$57,946
Mar 200707,95356.927.30$58,073
Feb 200707,49355.108.22$61,562
Jan 200709,00350.306.73$60,562
Dec 200608,74256.656.92$60,481
Nov 200608,72154.207.62$66,432
Oct 2006011,05154.906.01$66,459
Sep 2006011,57760.085.04$58,316
Aug 2006012,86968.717.34$94,457
Jul 2006013,13069.376.34$83,280
Jun 2006011,35166.286.38$72,463
May 2006014,44666.016.42$92,816
Apr 2006013,94664.397.36$102,649
Mar 2006014,74256.707.08$104,416
Feb 2006014,49557.597.75$112,352
Jan 2006015,74360.598.93$140,637
Dec 2005016,88154.9413.42$226,465
Nov 2005016,51854.6910.59$174,899
Oct 2005010,34458.3413.80$142,703
Sep 2005010,51061.4512.08$126,950
Aug 2005010,81661.519.80$105,963
Jul 200507,95455.697.84$62,388
Jun 2005019,55552.337.38$144,336
May 2005025,07845.226.65$166,798
Apr 2005025,25649.207.36$185,896
Mar 2005019,82450.377.15$141,838
Feb 2005018,83545.226.31$118,885
Jan 2005021,54443.166.32$136,205
Dec 2004021,09939.866.75$142,441
Nov 2004021,80045.286.33$138,003
Oct 2004021,93449.706.52$142,902
Sep 2004025,93443.245.28$137,033
Aug 2004023,68642.375.55$131,473
Jul 2004020,32738.286.08$123,673
Jun 2004022,65636.106.43$145,747
May 2004028,51837.486.49$185,212
Apr 2004028,87134.475.86$169,140
Mar 2004034,22634.365.53$189,275
Feb 2004040,26332.455.51$221,834
Jan 2004062,27932.036.30$392,335
Dec 20030105,24230.266.30$663,197
Nov 20030132,07028.804.60$606,883
Oct 2003082,05628.174.76$390,557
Sep 2003037,98126.314.75$180,385
Aug 2003044,09529.765.13$226,195

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             0 bbl  × $106.41 =         $0
Gas                   60 Mcf  × $  3.05 =       $183

────────────────────────────────────────────────────
Month total                                     $183

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/198401 is the state's own key, not one this site invented.