PITTS

Operated by RFE OPERATING, LLC (P-5 704776) 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 226233District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Nov 2006 – May 2026
Value, last 12 filed months
$0
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 Gas112007-05-22175094
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
CondensateDisposition15,763 bbl$1,181,772
GasProduction865,082 Mcf$4,724,367
Total$5,906,140

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 32.0431, -94.2474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04309, -94.24740 · 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
9,550 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 9,550 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-3653588819,550 ftDec 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 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 202402879.932.15$60
Jun 202403078.082.63$79
May 202403178.812.20$68
Apr 2024010584.451.66$174
Mar 202407780.301.55$119
Feb 20240076.091.78$0
Jan 202409073.023.30$297
Dec 202304871.262.61$125
Nov 202305077.892.81$140
Oct 202304985.443.09$151
Sep 2023115189.042.74$502
Aug 202306780.522.67$179
Jul 202309774.852.64$256
Jun 202309768.962.26$219
May 202308770.622.23$194
Apr 2023013478.122.24$300
Mar 2023011472.852.39$273
Feb 2023013475.112.47$330
Jan 202314818076.533.39$11,936
Dec 2022010276.415.73$584
Nov 202206585.005.65$367
Oct 202204187.185.86$240
Sep 20220084.888.16$0
Aug 2022015594.529.13$1,415
Jul 20220155101.587.54$1,169
Jun 20223991115.097.98$5,214
May 20220151109.378.43$1,273
Apr 20220204104.226.84$1,395
Mar 20220114108.885.08$579
Feb 2022014191.054.86$685
Jan 2022016181.844.54$731
Dec 2021022771.323.90$885
Nov 2021038977.435.24$2,037
Oct 202108079.795.71$457
Sep 2021017269.865.35$920
Aug 2021014566.024.22$612
Jul 2021017770.783.98$705
Jun 2021030769.493.38$1,038
May 2021029663.483.02$893
Apr 20210060.362.76$0
Mar 202113273761.302.72$10,094
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 201806959.543.11$214
Aug 201804359.403.07$132
Jul 2018010865.142.93$317
Jun 201816960.183.08$272
May 2018015665.382.90$453
Apr 2018020663.842.90$598
Mar 2018121461.222.79$658
Feb 201801,87861.782.77$5,195
Jan 201801,60262.874.01$6,423
Dec 201701,76257.272.92$5,148
Nov 201701,78455.423.12$5,563
Oct 201702,67049.292.98$7,966
Sep 201701,82147.523.09$5,622
Aug 201703,06745.373.00$9,214
Jul 201702,87243.873.09$8,867
Jun 201703,09342.493.09$9,549
May 201702,07045.373.26$6,755
Apr 201702,10847.933.21$6,770
Mar 201702,13546.772.98$6,370
Feb 201702,27150.452.95$6,705
Jan 201701,94349.413.42$6,643
Dec 201612548.763.72$142
Nov 201622,59042.492.64$6,934
Oct 201602,39646.193.09$7,404
Sep 201601,81941.553.10$5,640
Aug 201602,48541.442.92$7,267
Jul 201602,33641.622.92$6,831
Jun 20161791,05445.352.69$10,949
May 2016079042.521.99$1,573
Apr 2016067536.561.99$1,344
Mar 2016060433.011.79$1,084
Feb 201602,61326.472.06$5,392
Jan 20161873,47027.352.36$13,319
Dec 201503,86432.362.00$7,733
Nov 2015013638.792.17$295
Oct 20151823,34843.552.43$16,050
Sep 2015163,64242.992.76$10,734
Aug 201583,46340.162.87$10,269
Jul 2015103,76548.152.95$11,570
Jun 20151913,09556.152.88$19,647
May 2015103,86055.212.96$11,960
Apr 2015123,96949.822.71$11,340
Mar 201594,04242.892.93$12,248
Feb 20152003,64044.662.98$19,765
Jan 2015103,94143.433.10$12,654
Dec 2014103,91154.693.59$14,593
Nov 201493,50470.464.25$15,533
Oct 20141864,13278.303.90$30,683
Sep 201484,10686.164.05$17,300
Aug 201484,16989.394.04$17,538
Jul 20141954,29296.564.18$36,768
Jun 201434,28198.164.74$20,573
May 201404,39094.734.73$20,750
Apr 20141864,34395.944.81$38,731
Mar 201494,52895.895.06$23,760
Feb 201404,04797.406.19$25,059
Jan 20141974,51490.404.86$39,750
Dec 201334,61891.824.35$20,384
Nov 201314,48988.853.74$16,870
Oct 20131804,83297.423.78$35,797
Sep 201364,600104.113.72$17,726
Aug 201394,691104.253.52$17,463
Jul 20131924,853102.523.72$37,726
Jun 201344,50794.403.93$18,105
May 2013704,11494.834.15$23,707
Apr 2013514,38693.964.28$23,575
Mar 201374,84093.623.91$19,594
Feb 20131894,54291.233.42$32,776
Jan 201394,97091.603.42$17,821
Dec 20122025,09286.773.42$34,943
Nov 2012135,02786.953.62$19,353
Oct 201285,12589.383.40$18,138
Sep 2012964,85594.672.92$23,257
Aug 20121805,04592.662.91$31,350
Jul 2012105,34085.133.02$16,982
Jun 20121915,38079.822.52$28,798
May 201235,30791.612.49$13,480
Apr 20122165,195101.652.00$32,330
Mar 2012215,361105.052.22$14,119
Feb 20121945,068101.102.57$32,639
Jan 2012355,57798.092.73$18,681
Dec 20112055,53096.873.24$37,774
Nov 2011105,55095.723.31$19,335
Oct 20111945,93784.983.65$38,148
Sep 201195,81483.623.99$23,926
Aug 201166,13083.404.15$25,936
Jul 20111816,29094.144.52$45,453
Jun 201106,15592.904.64$28,558
May 20111766,64598.134.40$46,541
Apr 20111926,594105.964.33$48,918
Mar 201166,86096.364.06$28,412
Feb 20111925,86585.644.18$40,958
Jan 201106,54786.504.59$30,043
Dec 20102096,31885.734.35$45,387
Nov 2010135,85480.843.80$23,269
Oct 20101906,19778.103.51$36,584
Sep 2010225,42372.633.98$23,179
Aug 2010275,97273.684.42$28,382
Jul 2010216,35272.554.74$31,610
Jun 20101936,35470.364.91$44,780
May 20102076,79371.124.24$43,492
Apr 201006,78381.694.12$27,964
Mar 201006,83978.394.39$30,014
Feb 20101896,39173.585.44$48,689
Jan 20101866,82174.365.96$54,512
Dec 200936,85071.445.48$37,778
Nov 20091797,27274.593.75$40,633
Oct 20091856,36272.544.11$39,569
Sep 200946,52965.543.06$20,272
Aug 20091877,14467.423.22$35,601
Jul 20091917,30661.133.46$36,987
Jun 2009227,65066.163.90$31,252
May 20091937,12454.743.93$38,532
Apr 20091946,91246.773.59$33,870
Mar 20091927,24642.144.06$37,502
Feb 20091997,76732.814.63$42,514
Jan 2009318,78135.865.37$48,274
Dec 20081898,54937.105.98$58,110
Nov 20082048,90155.496.86$72,384
Oct 20081919,67275.246.92$81,320
Sep 20082089,409101.767.88$95,282
Aug 20081854,827114.228.48$62,078
Jul 20081789,060131.0811.39$126,520
Jun 20081899,660131.3313.03$150,717
May 20081959,874123.1711.57$138,303
Apr 200820110,012110.3110.45$126,846
Mar 200819610,672101.909.66$123,107
Feb 200819510,19692.538.77$107,468
Jan 200819810,50290.388.21$104,072
Dec 200737910,87088.337.30$112,849
Nov 200718011,20291.677.29$98,182
Oct 200718312,00482.856.92$98,253
Sep 200733212,20975.846.24$101,414
Aug 200735013,36469.066.39$109,539
Jul 200735914,29370.906.39$116,756
Jun 200735714,82362.007.55$134,025
May 200736516,57058.747.85$151,453
Apr 200733517,46259.617.81$156,264
Mar 200753820,26056.927.30$178,561
Feb 200735523,68055.108.22$214,115
Jan 200763824,36150.306.73$195,964
Dec 20061,01544,42656.656.92$364,858
Nov 2006014,19454.207.62$108,123

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.

Jul 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                   28 Mcf  × $  2.15 =        $60

────────────────────────────────────────────────────
Month total                                      $60

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/226233 is the state's own key, not one this site invented.