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 203980District 06Field 465979002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Jun 2004 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
264
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 Gas112007-09-19177075
NGPA2none

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
CondensateDisposition655 bbl$45,670
GasProduction1,474,399 Mcf$8,459,951
Total$8,505,621

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 31.9289, -94.0291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92890, -94.02912 · 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
8,738 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 8,738 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-41930898178,738 ftJul 2004

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 (264)

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

264 months

May 20260452106.413.05$1,377
Apr 2026014798.932.87$422
Mar 2026019989.753.15$627
Feb 20263063.503.75$191
Jan 2026026759.138.00$2,135
Dec 2025010856.664.41$477
Nov 2025043558.593.93$1,708
Oct 2025036559.383.30$1,206
Sep 2025032162.743.08$988
Aug 2025026163.933.01$787
Jul 2025035266.743.32$1,167
Jun 2025043566.483.13$1,361
May 2025049460.553.23$1,597
Apr 2025056862.363.54$2,012
Mar 2025468867.704.27$3,207
Feb 2025048670.884.34$2,110
Jan 2025023274.324.28$993
Dec 2024023768.993.12$740
Nov 2024036469.052.20$800
Oct 2024148371.372.28$1,189
Sep 2024011769.612.36$277
Aug 2024036575.632.06$753
Jul 2024032579.932.15$698
Jun 2024025078.082.63$659
May 2024028778.812.20$631
Apr 2024022084.451.66$365
Mar 2024048580.301.55$749
Feb 2024033576.091.78$598
Jan 2024013773.023.30$452
Dec 2023011271.262.61$292
Nov 2023040877.892.81$1,145
Oct 2023023785.443.09$732
Sep 2023030889.042.74$842
Aug 2023051780.522.67$1,382
Jul 202301,96174.852.64$5,181
Jun 202302,30368.962.26$5,201
May 202302,77270.622.23$6,174
Apr 202302,19178.122.24$4,903
Mar 2023302,93572.852.39$9,209
Feb 202303,03075.112.47$7,471
Jan 202303,36076.533.39$11,383
Dec 202203,04876.415.73$17,462
Nov 202203,19785.005.65$18,051
Oct 202203,43787.185.86$20,154
Sep 202203,55984.888.16$29,055
Aug 202203,79794.529.13$34,656
Jul 202203,769101.587.54$28,426
Jun 202203,347115.097.98$26,700
May 202203,469109.378.43$29,254
Apr 202203,301104.226.84$22,571
Mar 202203,538108.885.08$17,960
Feb 202203,30591.054.86$16,058
Jan 202203,59781.844.54$16,322
Dec 202103,87171.323.90$15,093
Nov 202103,44277.435.24$18,025
Oct 202103,50479.795.71$20,021
Sep 202102,55069.865.35$13,645
Aug 202103,09766.024.22$13,071
Jul 202103,11370.783.98$12,396
Jun 202103,09069.493.38$10,446
May 202103,03963.483.02$9,171
Apr 202103,18460.362.76$8,783
Mar 2021582,79261.302.72$11,141
Feb 202102,19757.805.55$12,189
Jan 202102,75450.412.81$7,739
Dec 202002,51944.642.68$6,739
Nov 202002,23838.772.71$6,057
Oct 202002,19436.972.48$5,438
Sep 202001,87437.091.99$3,731
Aug 202002,24939.982.39$5,364
Jul 202002,64538.371.83$4,827
Jun 202001,98234.901.69$3,350
May 202001,65616.921.81$3,005
Apr 2020552,46314.751.80$5,255
Mar 202003,29730.341.86$6,120
Feb 202003,21449.881.98$6,366
Jan 202003,18457.252.09$6,670
Dec 201903,29859.012.30$7,600
Nov 201902,87955.302.75$7,919
Oct 201903,51453.472.42$8,499
Sep 201903,26255.052.66$8,668
Aug 201903,73553.112.30$8,607
Jul 201903,65156.272.46$8,982
Jun 201902,59552.782.49$6,465
May 201903,90558.482.74$10,701
Apr 20191003,57762.632.75$16,102
Mar 201903,07656.803.06$9,419
Feb 201903,02250.852.79$8,438
Jan 201903,38146.033.23$10,914
Dec 201803,10746.594.19$13,004
Nov 201803,05752.934.24$12,953
Oct 201813,21061.443.40$10,969
Sep 201803,79459.543.11$11,792
Aug 201803,70359.403.07$11,355
Jul 201802,96465.142.93$8,690
Jun 201802,85360.183.08$8,778
May 20181293,03065.382.90$17,223
Apr 201803,05063.842.90$8,847
Mar 201803,04161.222.79$8,475
Feb 201802,55161.782.77$7,056
Jan 201802,68862.874.01$10,777
Dec 201703,08157.272.92$9,001
Nov 201703,10355.423.12$9,676
Oct 201703,06949.292.98$9,157
Sep 201703,26047.523.09$10,065
Aug 201703,48745.373.00$10,476
Jul 201704,40543.873.09$13,599
Jun 201705,52642.493.09$17,060
May 201705,93545.373.26$19,368
Apr 201705,32447.933.21$17,099
Mar 201703,54546.772.98$10,577
Feb 201702,95850.452.95$8,734
Jan 2017065149.413.42$2,226
Dec 201601,09048.763.72$4,058
Nov 2016098442.492.64$2,602
Oct 201602,83746.193.09$8,767
Sep 201602,74041.553.10$8,496
Aug 201632,94341.442.92$8,731
Jul 201603,04741.622.92$8,910
Jun 201602,82545.352.69$7,587
May 201602,80242.521.99$5,579
Apr 201602,77036.561.99$5,515
Mar 2016282,78633.011.79$5,922
Feb 201601,16826.472.06$2,410
Jan 201602,56527.352.36$6,065
Dec 201503,20332.362.00$6,411
Nov 201504,80838.792.17$10,421
Oct 201505,60443.552.43$13,599
Sep 201505,03842.992.76$13,897
Aug 201505,39840.162.87$15,506
Jul 201507,93448.152.95$23,366
Jun 201506,04256.152.88$17,418
May 2015041455.212.96$1,224
Apr 201501,70949.822.71$4,626
Mar 201501,70442.892.93$5,001
Feb 201502,65244.662.98$7,893
Jan 201502,98943.433.10$9,268
Dec 201402,70754.693.59$9,722
Nov 201401,84670.464.25$7,849
Oct 201402,61878.303.90$10,213
Sep 201402,58686.164.05$10,462
Aug 201403,04989.394.04$12,303
Jul 201402,84196.564.18$11,874
Jun 2014293,24098.164.74$18,194
May 201403,59194.734.73$16,973
Apr 201403,67295.944.81$17,659
Mar 201403,53595.895.06$17,876
Feb 201403,14797.406.19$19,486
Jan 201403,53290.404.86$17,168
Dec 201303,82791.824.35$16,665
Nov 201302,88388.853.74$10,777
Oct 201303,64997.423.78$13,791
Sep 201302,832104.113.72$10,529
Aug 201303,652104.253.52$12,865
Jul 201302,743102.523.72$10,198
Jun 201303,55594.403.93$13,983
May 201303,80694.834.15$15,791
Apr 201303,68993.964.28$15,798
Mar 201304,53293.623.91$17,733
Feb 201303,53491.233.42$12,086
Jan 201304,21991.603.42$14,429
Dec 201204,08386.773.42$13,965
Nov 2012334,09486.953.62$17,710
Oct 201204,16389.383.40$14,153
Sep 201203,91194.672.92$11,414
Aug 201203,91892.662.91$11,394
Jul 2012343,71185.133.02$14,105
Jun 201203,60279.822.52$9,074
May 201203,87691.612.49$9,645
Apr 201203,688101.652.00$7,364
Mar 2012363,727105.052.22$12,063
Feb 201203,682101.102.57$9,464
Jan 201203,89998.092.73$10,660
Dec 201103,72596.873.24$12,068
Nov 201103,56395.723.31$11,798
Oct 201103,70384.983.65$13,511
Sep 201104,64583.623.99$18,514
Aug 201104,47583.404.15$18,568
Jul 201104,11694.144.52$18,593
Jun 201104,03792.904.64$18,731
May 2011334,06598.134.40$21,144
Apr 2011324,701105.964.33$23,761
Mar 201105,07196.364.06$20,575
Feb 201104,74585.644.18$19,834
Jan 201104,11186.504.59$18,864
Dec 2010334,02985.734.35$20,346
Nov 201004,03480.843.80$15,310
Oct 201004,46378.103.51$15,660
Sep 201004,06272.633.98$16,165
Aug 201003,92273.684.42$17,333
Jul 201003,78272.554.74$17,913
Jun 201004,18670.364.91$20,555
May 201004,49571.124.24$19,037
Apr 201005,14681.694.12$21,215
Mar 201004,82278.394.39$21,162
Feb 20100073.585.44$0
Jan 201004,45174.365.96$26,546
Dec 200904,89471.445.48$26,837
Nov 200905,33574.593.75$20,014
Oct 200904,98372.544.11$20,481
Sep 200904,35865.543.06$13,356
Aug 200905,20667.423.22$16,756
Jul 200905,57161.133.46$19,301
Jun 200905,25066.163.90$20,449
May 200906,03054.743.93$23,672
Apr 200906,47046.773.59$23,211
Mar 200905,57842.144.06$22,641
Feb 200906,71232.814.63$31,097
Jan 200906,46335.865.37$34,713
Dec 200805,82537.105.98$34,817
Nov 200803,27155.496.86$22,440
Oct 200801,57375.246.92$10,888
Sep 200804,359101.767.88$34,336
Aug 200804,610114.228.48$39,107
Jul 200804,944131.0811.39$56,309
Jun 200804,773131.3313.03$62,205
May 200804,988123.1711.57$57,733
Apr 200804,995110.3110.45$52,222
Mar 200804,937101.909.66$47,712
Feb 200803,94692.538.77$34,609
Jan 200804,43590.388.21$36,392
Dec 200704,85588.337.30$35,451
Nov 200704,75291.677.29$34,650
Oct 200705,33982.856.92$36,956
Sep 200705,41975.846.24$33,837
Aug 200706,22669.066.39$39,771
Jul 200706,16570.906.39$39,382
Jun 200705,59762.007.55$42,249
May 200706,41358.747.85$50,318
Apr 200706,41559.617.81$50,070
Mar 200707,53856.927.30$55,042
Feb 200706,97555.108.22$57,307
Jan 200706,36150.306.73$42,789
Dec 200607,65456.656.92$52,954
Nov 200607,74254.207.62$58,975
Oct 200608,35854.906.01$50,263
Sep 200609,12960.085.04$45,985
Aug 2006010,40868.717.34$76,394
Jul 2006010,71469.376.34$67,956
Jun 200609,34166.286.38$59,632
May 2006011,80366.016.42$75,834
Apr 2006011,54164.397.36$84,947
Mar 2006012,92656.707.08$91,554
Feb 2006012,51057.597.75$96,967
Jan 2006014,40060.598.93$128,640
Dec 2005014,98254.9413.42$200,990
Nov 2005015,98454.6910.59$169,245
Oct 2005018,32558.3413.80$252,807
Sep 2005019,07761.4512.08$230,431
Aug 2005020,84261.519.80$204,186
Jul 2005020,56655.697.84$161,312
Jun 2005019,97852.337.38$147,458
May 2005025,88445.226.65$172,159
Apr 2005027,25749.207.36$200,625
Mar 2005022,43950.377.15$160,548
Feb 2005026,14245.226.31$165,006
Jan 2005022,73043.166.32$143,704
Dec 2004025,00439.866.75$168,804
Nov 2004029,81945.286.33$188,767
Oct 2004037,17149.706.52$242,173
Sep 2004049,32943.245.28$260,650
Aug 2004082,77942.375.55$459,478
Jul 2004070,78438.286.08$430,663
Jun 2004049,23236.106.43$316,710

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                  452 Mcf  × $  3.05 =     $1,377

────────────────────────────────────────────────────
Month total                                   $1,377

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/203980 is the state's own key, not one this site invented.