CARTHAGE GAS UNIT

Operated by EQV OPERATING LLC (P-5 101634) 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 203451District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Dec 2003 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
270
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 Gas112005-03-22160880
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
CondensateDisposition15,211 bbl$802,380
GasProduction1,617,767 Mcf$9,514,870
Total$10,317,250

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 32.2147, -94.2692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21468, -94.26919 · 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
9,650 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 9,650 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-36535112959,650 ftDec 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 (270)

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

270 months

May 20260432106.413.05$1,316
Apr 2026053198.932.87$1,524
Mar 2026060889.753.15$1,915
Feb 20260063.503.75$0
Jan 2026048259.138.00$3,855
Dec 2025049156.664.41$2,167
Nov 2025054458.593.93$2,136
Oct 2025055359.383.30$1,828
Sep 2025044062.743.08$1,354
Aug 2025059263.933.01$1,785
Jul 2025079466.743.32$2,632
Jun 2025041566.483.13$1,298
May 2025061460.553.23$1,985
Apr 2025047262.363.54$1,672
Mar 2025059367.704.27$2,531
Feb 2025045870.884.34$1,988
Jan 2025056874.324.28$2,430
Dec 2024066568.993.12$2,076
Nov 2024039669.052.20$871
Oct 2024148271.372.28$1,171
Sep 2024546369.612.36$1,443
Aug 2024454675.632.06$1,429
Jul 2024741579.932.15$1,450
Jun 2024827778.082.63$1,354
May 2024660378.812.20$1,799
Apr 2024352184.451.66$1,118
Mar 2024237880.301.55$745
Feb 2024342576.091.78$986
Jan 2024234673.023.30$1,287
Dec 2023143771.262.61$1,212
Nov 2023243477.892.81$1,374
Oct 2023423185.443.09$1,055
Sep 202391,46689.042.74$4,811
Aug 2023101,72380.522.67$5,411
Jul 2023141,64574.852.64$5,394
Jun 2023101,82968.962.26$4,820
May 2023111,80970.622.23$4,806
Apr 2023101,87078.122.24$4,966
Mar 2023111,81172.852.39$5,135
Feb 2023101,83075.112.47$5,263
Jan 2023102,14376.533.39$8,025
Dec 2022111,64376.415.73$10,253
Nov 2022102,01285.005.65$12,210
Oct 2022102,28787.185.86$14,282
Sep 202261,90184.888.16$16,028
Aug 2022883494.529.13$8,368
Jul 2022111,474101.587.54$12,234
Jun 2022221,385115.097.98$13,580
May 2022651,707109.378.43$21,504
Apr 2022611,841104.226.84$18,945
Mar 2022801,665108.885.08$17,163
Feb 2022661,14791.054.86$11,582
Jan 2022691,68981.844.54$13,311
Dec 2021782,16771.323.90$14,012
Nov 2021652,14577.435.24$16,266
Oct 2021642,38179.795.71$18,711
Sep 2021542,47969.865.35$17,037
Aug 2021703,58166.024.22$19,735
Jul 2021535,38170.783.98$25,179
Jun 202103,82169.493.38$12,917
May 2021090663.483.02$2,734
Apr 2021096160.362.76$2,651
Mar 2021082361.302.72$2,236
Feb 2021076357.805.55$4,233
Jan 202101,00650.412.81$2,827
Dec 2020072844.642.68$1,948
Nov 2020070938.772.71$1,919
Oct 2020075936.972.48$1,881
Sep 2020071137.091.99$1,416
Aug 2020062639.982.39$1,493
Jul 2020065938.371.83$1,203
Jun 2020068634.901.69$1,160
May 2020078116.921.81$1,417
Apr 2020065314.751.80$1,178
Mar 2020081630.341.86$1,515
Feb 202001,16649.881.98$2,309
Jan 202001,26157.252.09$2,641
Dec 201901,30759.012.30$3,012
Nov 201901,03255.302.75$2,839
Oct 201901,16053.472.42$2,806
Sep 201901,16755.052.66$3,101
Aug 201901,24553.112.30$2,869
Jul 201901,16356.272.46$2,861
Jun 201921,24052.782.49$3,195
May 2019111,90258.482.74$5,855
Apr 2019101,69262.632.75$5,280
Mar 2019112,01356.803.06$6,789
Feb 2019121,96050.852.79$6,083
Jan 2019102,39746.033.23$8,198
Dec 2018113,16646.594.19$13,764
Nov 2018331,20452.934.24$6,848
Oct 2018251,28361.443.40$5,896
Sep 2018291,24959.543.11$5,609
Aug 2018281,32959.403.07$5,739
Jul 2018281,40365.142.93$5,937
Jun 2018291,39760.183.08$6,044
May 2018231,36465.382.90$5,460
Apr 201801,29263.842.90$3,748
Mar 201801,35861.222.79$3,785
Feb 201801,23961.782.77$3,427
Jan 201801,36862.874.01$5,485
Dec 201701,39957.272.92$4,087
Nov 201701,39855.423.12$4,359
Oct 201701,40749.292.98$4,198
Sep 201701,46947.523.09$4,535
Aug 201701,59745.373.00$4,798
Jul 201704,18443.873.09$12,917
Jun 201702,61542.493.09$8,073
May 201701,12145.373.26$3,658
Apr 201701,12147.933.21$3,600
Mar 201701,37446.772.98$4,100
Feb 201701,24750.452.95$3,682
Jan 201702,34949.413.42$8,031
Dec 201603,02348.763.72$11,254
Nov 201602,59242.492.64$6,854
Oct 201602,89246.193.09$8,937
Sep 201603,12441.553.10$9,686
Aug 201602,78641.442.92$8,147
Jul 201603,20641.622.92$9,375
Jun 201603,33545.352.69$8,957
May 201603,21142.521.99$6,393
Apr 201603,19036.561.99$6,351
Mar 201603,26033.011.79$5,848
Feb 201603,37826.472.06$6,971
Jan 201604,07827.352.36$9,642
Dec 201504,66232.362.00$9,331
Nov 201503,01538.792.17$6,535
Oct 201503,65843.552.43$8,876
Sep 201503,54642.992.76$9,781
Aug 201502,45840.162.87$7,061
Jul 201512,66148.152.95$7,885
Jun 201563,27756.152.88$9,784
May 201564,08355.212.96$12,398
Apr 201554,14749.822.71$11,473
Mar 201543,82042.892.93$11,382
Feb 201532,08744.662.98$6,345
Jan 201563,43443.433.10$10,908
Dec 201454,19754.693.59$15,346
Nov 201454,21770.464.25$18,282
Oct 201454,69578.303.90$18,707
Sep 201474,30286.164.05$18,007
Aug 201494,20389.394.04$17,764
Jul 2014125,26196.564.18$23,148
Jun 2014134,73898.164.74$23,719
May 2014174,09894.734.73$20,980
Apr 2014154,09795.944.81$21,142
Mar 2014194,30995.895.06$23,612
Feb 2014174,46397.406.19$29,291
Jan 2014205,50090.404.86$28,542
Dec 2013235,38191.824.35$25,543
Nov 2013255,70788.853.74$23,556
Oct 2013265,74897.423.78$24,257
Sep 2013226,122104.113.72$25,050
Aug 2013316,830104.253.52$27,291
Jul 2013317,156102.523.72$29,782
Jun 2013276,71294.403.93$28,950
May 2013576,84294.834.15$33,793
Apr 2013536,47193.964.28$32,693
Mar 2013596,74793.623.91$31,924
Feb 2013465,86891.233.42$24,265
Jan 2013566,97291.603.42$28,973
Dec 2012465,49986.773.42$22,799
Nov 2012374,07686.953.62$17,992
Oct 2012892289.383.40$3,850
Sep 2012374,66394.672.92$17,111
Aug 2012354,66692.662.91$16,813
Jul 2012204,56785.133.02$15,499
Jun 2012143,41179.822.52$9,710
May 2012133,24691.612.49$9,268
Apr 2012122,980101.652.00$7,170
Mar 2012112,866105.052.22$7,524
Feb 2012214,898101.102.57$14,712
Jan 2012214,98498.092.73$15,687
Dec 2011255,90896.873.24$21,562
Nov 2011205,47395.723.31$20,037
Oct 2011236,00784.983.65$23,871
Sep 201163,95483.623.99$16,262
Aug 201196,82483.404.15$29,066
Jul 2011107,08594.144.52$32,946
Jun 201196,67992.904.64$31,826
May 201196,62498.134.40$30,061
Apr 2011246,788105.964.33$31,957
Mar 2011297,38296.364.06$32,746
Feb 2011225,67785.644.18$25,614
Jan 2011317,61786.504.59$37,634
Dec 2010307,57585.734.35$35,506
Nov 2010307,65880.843.80$31,490
Oct 2010317,94278.103.51$30,289
Sep 2010287,71372.633.98$32,727
Aug 2010308,16173.684.42$38,277
Jul 2010298,11572.554.74$40,541
Jun 2010307,67370.364.91$39,788
May 2010307,91771.124.24$35,664
Apr 2010327,86181.694.12$35,023
Mar 2010348,38778.394.39$39,473
Feb 2010276,22073.585.44$35,838
Jan 2010297,38274.365.96$46,183
Dec 2009338,11071.445.48$46,831
Nov 2009308,14374.593.75$32,786
Oct 2009278,88572.544.11$38,478
Sep 2009168,62465.543.06$27,479
Aug 2009168,44067.423.22$28,243
Jul 2009179,45861.133.46$33,806
Jun 20092010,13566.163.90$40,799
May 20091810,69854.743.93$42,983
Apr 20091610,35746.773.59$37,904
Mar 20091710,37942.144.06$42,845
Feb 200984,22632.814.63$19,842
Jan 2009159,18135.865.37$49,849
Dec 2008169,96037.105.98$60,126
Nov 2008410,99555.496.86$75,652
Oct 2008011,61575.246.92$80,399
Sep 2008010,183101.767.88$80,212
Aug 2008010,950114.228.48$92,889
Jul 2008013,308131.0811.39$151,571
Jun 200809,830131.3313.03$128,111
May 2008010,668123.1711.57$123,475
Apr 2008210,110110.3110.45$105,919
Mar 200849,663101.909.66$93,792
Feb 2008410,08392.538.77$88,804
Jan 2008411,29690.388.21$93,053
Dec 2007610,87888.337.30$79,961
Nov 2007579,07491.677.29$71,390
Oct 20077710,68782.856.92$80,355
Sep 200710711,58575.846.24$80,453
Aug 20077010,80169.066.39$73,830
Jul 20077111,82770.906.39$80,584
Jun 20077112,67362.007.55$100,064
May 200714612,76458.747.85$108,726
Apr 200711413,04359.617.81$108,599
Mar 200711712,50956.927.30$98,000
Feb 200712912,14855.108.22$106,916
Jan 200713811,40450.306.73$83,654
Dec 200611010,34656.656.92$77,810
Nov 200610812,17554.207.62$98,596
Oct 20068713,03154.906.01$83,142
Sep 200610112,87960.085.04$70,942
Aug 20068312,84868.717.34$100,006
Jul 200611714,88069.376.34$102,497
Jun 200614212,05666.286.38$86,376
May 200617711,26966.016.42$84,087
Apr 200618411,48364.397.36$96,368
Mar 200622712,90156.707.08$104,248
Feb 200624212,69057.597.75$112,298
Jan 200620512,84960.598.93$127,205
Dec 200523815,37654.9413.42$219,351
Nov 200522412,96954.6910.59$149,572
Oct 200516215,22358.3413.80$219,464
Sep 200514916,53461.4512.08$208,870
Aug 200516917,80561.519.80$184,828
Jul 200519418,03755.697.84$152,280
Jun 200514916,19052.337.38$127,296
May 200519618,67445.226.65$133,067
Apr 200519618,16449.207.36$143,339
Mar 200530518,23250.377.15$145,811
Feb 200525717,43745.226.31$121,682
Jan 200521917,69243.166.32$121,304
Dec 200422817,89839.866.75$129,919
Nov 200424417,01945.286.33$118,786
Oct 200430519,91849.706.52$144,926
Sep 200439519,82643.245.28$121,838
Aug 200448425,19242.375.55$160,339
Jul 200446221,44438.286.08$148,155
Jun 200449324,18436.106.43$173,373
May 200463527,29037.486.49$201,037
Apr 200469527,84534.475.86$187,085
Mar 200472828,53834.365.53$182,833
Feb 200471730,55032.455.51$191,586
Jan 200497937,98232.036.30$270,630
Dec 200354424,59530.266.30$171,450

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                  432 Mcf  × $  3.05 =     $1,316

────────────────────────────────────────────────────
Month total                                   $1,316

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/203451 is the state's own key, not one this site invented.