CAYCE

Operated by CRATON OPERATING LLC (P-5 186717) in the HARDWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218054District 06Field 390262002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jan 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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 91 leases and 91 wells, and the rule below applies to all of them.

Discovered
1985-02-08
as the register files it
Field class
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 20 acres. The field rule took effect on 2010-11-30.

The Commission's schedule remark for this field reads: STACKED LATERAL INFORMATION. ALLOCATION FORMULA REMAINS SUSPENDED.

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 Gas112007-08-13176369
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
CondensateDisposition3,501 bbl$248,554
GasProduction396,075 Mcf$2,305,234
Total$2,553,788

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 32.3729, -94.4002. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37293, -94.40020 · 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
10,277 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 10,277 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-20333312110,277 ftJan 2006

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 (245)

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

245 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
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 2017043550.452.95$1,284
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016068746.193.09$2,123
Sep 201621,13141.553.10$3,590
Aug 201601,25441.442.92$3,667
Jul 201611,37841.622.92$4,071
Jun 201601,23645.352.69$3,320
May 201611,02542.521.99$2,083
Apr 201601,30936.561.99$2,606
Mar 2016097833.011.79$1,755
Feb 201611,32326.472.06$2,757
Jan 2016080527.352.36$1,903
Dec 2015086332.362.00$1,727
Nov 201501,52438.792.17$3,303
Oct 201501,67343.552.43$4,060
Sep 201501,55842.992.76$4,298
Aug 201501,65240.162.87$4,745
Jul 201501,60648.152.95$4,730
Jun 201501,55556.152.88$4,483
May 201501,48655.212.96$4,392
Apr 2015231,50149.822.71$5,208
Mar 201501,69742.892.93$4,980
Feb 201501,46244.662.98$4,351
Jan 20151531,52543.433.10$11,373
Dec 201401,58554.693.59$5,692
Nov 201401,50770.464.25$6,408
Oct 201401,78478.303.90$6,959
Sep 201411,74586.164.05$7,145
Aug 201401,87789.394.04$7,574
Jul 201401,90396.564.18$7,954
Jun 201421,84098.164.74$8,912
May 201411,92394.734.73$9,184
Apr 201401,87195.944.81$8,998
Mar 201411,92395.895.06$9,820
Feb 201411,69897.406.19$10,611
Jan 201401,84990.404.86$8,987
Dec 201301,78291.824.35$7,760
Nov 201301,60988.853.74$6,015
Oct 201301,70597.423.78$6,444
Sep 20131541,582104.113.72$21,914
Aug 201301,709104.253.52$6,020
Jul 201301,749102.523.72$6,502
Jun 201311,64194.403.93$6,549
May 201301,76194.834.15$7,307
Apr 201301,75393.964.28$7,507
Mar 201301,83793.623.91$7,188
Feb 201301,65191.233.42$5,646
Jan 201301,84391.603.42$6,303
Dec 201201,85286.773.42$6,334
Nov 201201,75086.953.62$6,344
Oct 201201,90489.383.40$6,473
Sep 201211,93294.672.92$5,733
Aug 201212,04292.662.91$6,031
Jul 201272,14585.133.02$7,076
Jun 201202,13379.822.52$5,373
May 20121602,19991.612.49$20,129
Apr 201212,139101.652.00$4,373
Mar 201202,206105.052.22$4,902
Feb 201222,145101.102.57$5,715
Jan 201222,37498.092.73$6,687
Dec 201102,31496.873.24$7,497
Nov 201122,24095.723.31$7,609
Oct 201112,31284.983.65$8,520
Sep 201122,31683.623.99$9,398
Aug 201122,49383.404.15$10,511
Jul 201132,12794.144.52$9,891
Jun 201111,46192.904.64$6,872
May 201101,51398.134.40$6,664
Apr 201101,328105.964.33$5,755
Mar 201121,96696.364.06$8,169
Feb 20111621,68985.644.18$20,934
Jan 201111,98186.504.59$9,177
Dec 201021,97385.734.35$8,750
Nov 201001,95980.843.80$7,435
Oct 201001,99478.103.51$6,997
Sep 201011,92172.633.98$7,717
Aug 201012,27673.684.42$10,132
Jul 201002,27472.554.74$10,771
Jun 201012,18770.364.91$10,809
May 201002,22971.124.24$9,440
Apr 20101622,22281.694.12$22,394
Mar 201022,29978.394.39$10,246
Feb 201022,11973.585.44$11,680
Jan 201002,42174.365.96$14,439
Dec 200922,52671.445.48$13,995
Nov 200902,47274.593.75$9,274
Oct 200912,56672.544.11$10,619
Sep 20091322,57265.543.06$16,534
Aug 200922,64567.423.22$8,648
Jul 200902,74361.133.46$9,503
Jun 200912,69166.163.90$10,548
May 200902,81754.743.93$11,059
Apr 20091952,57246.773.59$18,347
Mar 200912,69942.144.06$10,997
Feb 200902,46832.814.63$11,434
Jan 200942,86935.865.37$15,553
Dec 200833,00337.105.98$18,061
Nov 200873,04655.496.86$21,285
Oct 200853,20075.246.92$22,527
Sep 200813,478101.767.88$27,498
Aug 20081773,264114.228.48$47,906
Jul 200853,352131.0811.39$38,833
Jun 200823,497131.3313.03$45,838
May 200833,847123.1711.57$44,896
Apr 200833,958110.3110.45$41,711
Mar 20081654,419101.909.66$59,519
Feb 200824,13392.538.77$36,434
Jan 200824,90490.388.21$40,422
Dec 200724,83288.337.30$35,460
Nov 200705,02591.677.29$36,641
Oct 200725,94182.856.92$41,289
Sep 2007183175.846.24$13,885
Aug 200733,70069.066.39$23,843
Jul 200794,11870.906.39$26,944
Jun 200764,87462.007.55$37,163
May 200755,70558.747.85$45,057
Apr 20071865,60859.617.81$54,859
Mar 20071896,23656.927.30$56,293
Feb 200725,76955.108.22$47,508
Jan 2007106,76750.306.73$46,024
Dec 200627,00156.656.92$48,549
Nov 20061817,04854.207.62$63,498
Oct 200607,67054.906.01$46,126
Sep 20061777,89460.085.04$50,398
Aug 200608,62268.717.34$63,285
Jul 20061639,22469.376.34$69,813
Jun 20061779,50566.286.38$72,410
May 2006010,72866.016.42$68,927
Apr 200637011,44564.397.36$108,065
Mar 200619113,01556.707.08$103,014
Feb 2006014,22657.597.75$110,267
Jan 2006679,15560.598.93$85,844

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.

Feb 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.45 =         $0
Gas                  435 Mcf  × $  2.95 =     $1,284

────────────────────────────────────────────────────
Month total                                   $1,284

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/218054 is the state's own key, not one this site invented.