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 223982District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Nov 2006 – May 2026
Value, last 12 filed months
$445
at the published price for each month
Months reported
235
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 Gas112007-07-16178064
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
CondensateDisposition13,401 bbl$1,004,650
GasProduction888,070 Mcf$4,359,314
Total$5,363,964

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 32.2213, -94.2526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22133, -94.25260 · 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
9,640 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 9,640 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-365363761739,640 ftNov 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 (235)

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

235 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 20251062.743.08$63
Aug 202512963.933.01$151
Jul 20251066.743.32$67
Jun 202521066.483.13$164
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 20241073.023.30$73
Dec 20231468571.262.61$2,786
Nov 2023376,93777.892.81$22,358
Oct 2023481,98485.443.09$10,226
Sep 2023442,11589.042.74$9,702
Aug 2023482,15580.522.67$9,625
Jul 2023632,17374.852.64$10,456
Jun 2023442,12468.962.26$7,831
May 2023522,29570.622.23$8,784
Apr 2023482,11078.122.24$8,471
Mar 2023512,01072.852.39$8,526
Feb 2023481,00475.112.47$6,081
Jan 2023471,99276.533.39$10,345
Dec 2022511,34976.415.73$11,625
Nov 2022461,83185.005.65$14,248
Oct 2022511,69087.185.86$14,356
Sep 2022481,62484.888.16$17,332
Aug 2022561,66694.529.13$20,499
Jul 2022501,654101.587.54$17,554
Jun 2022481,755115.097.98$19,524
May 2022462,063109.378.43$22,428
Apr 2022442,060104.226.84$18,671
Mar 2022587,012108.885.08$41,911
Feb 2022472,10091.054.86$14,483
Jan 2022491,85581.844.54$12,428
Dec 2021561,99371.323.90$11,765
Nov 2021471,77077.435.24$12,908
Oct 2021461,64479.795.71$13,064
Sep 2021381,88269.865.35$12,725
Aug 2021502,38966.024.22$13,384
Jul 2021401,86170.783.98$10,242
Jun 202171,67169.493.38$6,135
May 202192,22863.483.02$7,295
Apr 202182,01560.362.76$6,041
Mar 202172,06361.302.72$6,034
Feb 2021787357.805.55$5,248
Jan 202192,02950.412.81$6,156
Dec 202082,37544.642.68$6,711
Nov 202071,85738.772.71$5,297
Oct 202051,91536.972.48$4,931
Sep 202081,69237.091.99$3,666
Aug 202071,40639.982.39$3,633
Jul 202081,85738.371.83$3,696
Jun 202051,70334.901.69$3,053
May 202081,80616.921.81$3,413
Apr 202072,18814.751.80$4,051
Mar 202072,22230.341.86$4,337
Feb 2020101,47549.881.98$3,420
Jan 2020122,50057.252.09$5,924
Dec 2019132,28759.012.30$6,037
Nov 2019142,09555.302.75$6,537
Oct 2019142,26653.472.42$6,229
Sep 2019152,29355.052.66$6,919
Aug 2019142,34253.112.30$6,140
Jul 2019162,25956.272.46$6,458
Jun 2019152,23452.782.49$6,357
May 2019142,36058.482.74$7,286
Apr 2019122,32362.632.75$7,141
Mar 2019132,40456.803.06$8,100
Feb 2019142,26350.852.79$7,031
Jan 2019122,40646.033.23$8,319
Dec 2018102,47546.594.19$10,825
Nov 2018122,36152.934.24$10,639
Oct 201892,55561.443.40$9,235
Sep 2018102,34759.543.11$7,890
Aug 2018102,67659.403.07$8,800
Jul 2018102,70865.142.93$8,591
Jun 2018112,46060.183.08$8,231
May 2018112,76865.382.90$8,749
Apr 2018193,09863.842.90$10,200
Mar 2018111,45261.222.79$4,720
Feb 2018282,58261.782.77$8,872
Jan 2018302,93862.874.01$13,665
Dec 2017283,04257.272.92$10,491
Nov 2017292,80955.423.12$10,367
Oct 2017252,94849.292.98$10,028
Sep 2017273,00247.523.09$10,551
Aug 2017263,16245.373.00$10,680
Jul 2017263,15443.873.09$10,878
Jun 2017252,95742.493.09$10,191
May 2017292,90745.373.26$10,802
Apr 2017372,85647.933.21$10,946
Mar 2017642,97046.772.98$11,855
Feb 2017472,71850.452.95$10,396
Jan 2017563,17149.413.42$13,608
Dec 2016473,44148.763.72$15,102
Nov 2016463,08242.492.64$10,104
Oct 2016473,17446.193.09$11,979
Sep 2016482,95841.553.10$11,166
Aug 2016532,96741.442.92$10,873
Jul 2016703,00941.622.92$11,713
Jun 2016823,03445.352.69$11,868
May 2016833,23142.521.99$9,962
Apr 2016893,08436.561.99$9,394
Mar 2016853,04333.011.79$8,265
Feb 2016863,06126.472.06$8,593
Jan 2016983,71127.352.36$11,454
Dec 2015923,29032.362.00$9,562
Nov 2015882,92538.792.17$9,753
Oct 2015882,97943.552.43$11,061
Sep 2015973,05842.992.76$12,605
Aug 2015573,35440.162.87$11,923
Jul 2015703,31448.152.95$13,131
Jun 2015703,18356.152.88$13,107
May 2015712,77255.212.96$12,112
Apr 2015482,87149.822.71$10,162
Mar 2015402,76942.892.93$9,842
Feb 2015327,47044.662.98$23,661
Jan 2015467,98843.433.10$26,766
Dec 2014422,39054.693.59$10,880
Nov 2014402,67870.464.25$14,205
Oct 2014462,53678.303.90$13,495
Sep 2014462,72786.164.05$14,995
Aug 2014413,04589.394.04$15,952
Jul 2014443,56396.564.18$19,141
Jun 2014413,00598.164.74$18,259
May 2014443,19394.734.73$19,260
Apr 2014333,60395.944.81$20,493
Mar 2014423,87895.895.06$23,638
Feb 2014393,64497.406.19$26,362
Jan 2014504,57490.404.86$26,753
Dec 2013615,23291.824.35$28,384
Nov 2013762,94988.853.74$17,777
Oct 2013854,26497.423.78$24,396
Sep 2013573,745104.113.72$19,857
Aug 20131114,129104.253.52$26,117
Jul 20131103,368102.523.72$23,799
Jun 2013933,07694.403.93$20,878
May 20131163,84194.834.15$26,937
Apr 20131093,70993.964.28$26,126
Mar 20131294,06793.623.91$27,991
Feb 20131023,61291.233.42$21,658
Jan 20131244,28091.603.42$25,996
Dec 20121204,02686.773.42$24,182
Nov 20121313,95686.953.62$25,731
Oct 2012451,51189.383.40$9,159
Sep 2012792,80894.672.92$15,674
Aug 20121114,07392.662.91$22,130
Jul 2012394,17085.133.02$15,917
Jun 2012404,54979.822.52$14,652
May 2012404,83291.612.49$15,688
Apr 2012363,995101.652.00$11,637
Mar 2012374,390105.052.22$13,642
Feb 2012434,565101.102.57$16,080
Jan 2012454,88098.092.73$17,756
Dec 2011495,35896.873.24$22,105
Nov 2011354,55095.723.31$18,417
Oct 2011485,74684.983.65$25,044
Sep 2011142,13483.623.99$9,676
Aug 2011194,97083.404.15$22,207
Jul 2011225,08094.144.52$25,019
Jun 2011204,65392.904.64$23,447
May 2011204,69898.134.40$22,656
Apr 2011604,940105.964.33$27,764
Mar 2011735,23496.364.06$28,270
Feb 2011574,24185.644.18$22,609
Jan 2011644,53786.504.59$26,355
Dec 2010705,07285.734.35$28,053
Nov 2010725,23780.843.80$25,697
Oct 2010735,43078.103.51$24,755
Sep 2010655,18672.633.98$25,358
Aug 2010725,69273.684.42$30,460
Jul 2010715,72472.554.74$32,263
Jun 2010775,58070.364.91$32,818
May 2010725,35271.124.24$27,788
Apr 2010815,77081.694.12$30,405
Mar 2010795,53978.394.39$30,502
Feb 2010815,46073.585.44$35,675
Jan 2010815,85774.365.96$40,955
Dec 2009926,48971.445.48$42,157
Nov 2009886,75274.593.75$31,894
Oct 20091067,60072.544.11$38,927
Sep 20091067,58665.543.06$30,196
Aug 2009946,32467.423.22$26,691
Jul 2009956,81861.133.46$29,428
Jun 20091026,76066.163.90$33,079
May 20091055,79654.743.93$28,501
Apr 20091457,48046.773.59$33,616
Mar 20091839,48342.144.06$46,203
Feb 2009843,81132.814.63$20,412
Jan 20091739,11135.865.37$55,139
Dec 20081889,41537.105.98$63,250
Nov 20082679,48155.496.86$79,859
Oct 200832211,28875.246.92$102,363
Sep 20082408,626101.767.88$92,370
Aug 20081947,149114.228.48$82,804
Jul 20082218,153131.0811.39$121,827
Jun 20082017,191131.3313.03$120,115
May 20081946,750123.1711.57$102,021
Apr 20081506,604110.3110.45$85,590
Mar 20082107,835101.909.66$97,117
Feb 20082067,73092.538.77$86,858
Jan 20082178,62990.388.21$90,420
Dec 20072738,53288.337.30$86,415
Nov 2007718,88491.677.29$71,288
Oct 2007659,20982.856.92$69,130
Sep 2007869,44875.846.24$65,517
Aug 20076510,12369.066.39$69,154
Jul 20076611,21370.906.39$76,307
Jun 20076210,54862.007.55$83,465
May 200712611,32458.747.85$96,253
Apr 20079612,00059.617.81$99,385
Mar 200711213,10756.927.30$102,082
Feb 200713113,25355.108.22$116,105
Jan 200721018,75350.306.73$136,712
Dec 200628429,76956.656.92$222,044
Nov 200607,03154.207.62$53,559

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.

Sep 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 62.74 =        $63
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                      $63

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/223982 is the state's own key, not one this site invented.