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 228306District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Apr 2007 – May 2026
Value, last 12 filed months
$242 k
at the published price for each month
Months reported
230
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 Gas112009-06-29192805
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
CondensateDisposition20,556 bbl$1,547,516
GasProduction759,085 Mcf$3,486,705
Total$5,034,222

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 32.2008, -94.2604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20076, -94.26041 · 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
9,690 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 9,690 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-365364702379,690 ftApr 2007

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 (230)

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

230 months

May 20261621,487106.413.05$21,768
Apr 20261682,08998.932.87$22,615
Mar 20261842,70289.753.15$25,024
Feb 20262001,83363.503.75$19,574
Jan 20262622,79559.138.00$37,846
Dec 20252672,17856.664.41$24,741
Nov 20252931,70058.593.93$23,842
Oct 20252871,91859.383.30$23,381
Sep 20252771,99362.743.08$23,511
Aug 20251422,29463.933.01$15,994
Jul 2025074966.743.32$2,483
Jun 2025023566.483.13$735
May 2025025060.553.23$808
Apr 2025032862.363.54$1,162
Mar 2025024667.704.27$1,050
Feb 2025014270.884.34$616
Jan 2025032374.324.28$1,382
Dec 2024021268.993.12$662
Nov 2024022969.052.20$503
Oct 2024082271.372.28$1,875
Sep 202401,56769.612.36$3,705
Aug 202402,04175.632.06$4,212
Jul 202402,30879.932.15$4,954
Jun 202402,50378.082.63$6,593
May 202402,89178.812.20$6,356
Apr 2024431,85984.451.66$6,716
Mar 20241361,99480.301.55$14,002
Feb 20241152,42576.091.78$13,076
Jan 20241031,75073.023.30$13,292
Dec 20231142,35671.262.61$14,275
Nov 20231132,06777.892.81$14,605
Oct 20231471,99085.443.09$18,703
Sep 20231332,29289.042.74$18,111
Aug 20231422,25880.522.67$17,469
Jul 20231732,45474.852.64$19,432
Jun 2023631,34868.962.26$7,389
May 20232637370.622.23$2,667
Apr 20232540578.122.24$2,859
Mar 20232740772.852.39$2,941
Feb 20232544075.112.47$2,963
Jan 20232337776.533.39$3,037
Dec 20222632776.415.73$3,860
Nov 20222739185.005.65$4,503
Oct 20222727387.185.86$3,955
Sep 20222930084.888.16$4,911
Aug 20223330994.529.13$5,939
Jul 202230320101.587.54$5,461
Jun 202229288115.097.98$5,635
May 202228323109.378.43$5,786
Apr 202226346104.226.84$5,076
Mar 202228306108.885.08$4,602
Feb 20223528491.054.86$4,567
Jan 20224129081.844.54$4,671
Dec 20215836271.323.90$5,548
Nov 20213918777.435.24$3,999
Oct 202112124179.795.71$11,032
Sep 20211182,08269.865.35$19,384
Aug 20211541,80166.024.22$17,768
Jul 20211251,82270.783.98$16,103
Jun 2021341,51869.493.38$7,494
May 2021481,18263.483.02$6,614
Apr 20214043160.362.76$3,603
Mar 2021374,72461.302.72$15,103
Feb 2021366,59057.805.55$38,642
Jan 2021463,78750.412.81$12,961
Dec 20204476544.642.68$4,011
Nov 20203972538.772.71$3,474
Oct 20202784036.972.48$3,080
Sep 20203694737.091.99$3,221
Aug 20203084739.982.39$3,220
Jul 20202646038.371.83$1,837
Jun 20202050434.901.69$1,550
May 20203869016.921.81$1,895
Apr 20203982414.751.80$2,062
Mar 20203788030.341.86$2,756
Feb 20205378949.881.98$4,206
Jan 2020651,04657.252.09$5,912
Dec 20197098759.012.30$6,405
Nov 2019711,25055.302.75$7,365
Oct 20196690453.472.42$5,715
Sep 20197882355.052.66$6,481
Aug 2019741,00253.112.30$6,239
Jul 2019821,04256.272.46$7,178
Jun 2019711,32652.782.49$7,051
May 20194795258.482.74$5,357
Apr 20195194162.632.75$5,783
Mar 2019551,11356.803.06$6,532
Feb 2019571,05250.852.79$5,836
Jan 2019491,10646.033.23$5,826
Dec 2018411,05946.594.19$6,343
Nov 20185190452.934.24$6,530
Oct 20183789661.443.40$5,318
Sep 20183085759.543.11$4,450
Aug 20184422059.403.07$3,288
Jul 20186144465.142.93$5,275
Jun 20184533960.183.08$3,751
May 20186071265.382.90$5,988
Apr 20186158663.842.90$5,594
Mar 201815791661.222.79$12,164
Feb 20181101,02661.782.77$9,634
Jan 20184954062.874.01$5,246
Dec 20176534557.272.92$4,730
Nov 201713649655.423.12$9,084
Oct 201716898249.292.98$11,211
Sep 201718197247.523.09$11,602
Aug 20171691,82145.373.00$13,139
Jul 20171701,84443.873.09$13,151
Jun 20171591,42342.493.09$11,149
May 20171941,70545.373.26$14,366
Apr 20172152,17947.933.21$17,303
Mar 201781,71446.772.98$5,488
Feb 201761,80350.452.95$5,626
Jan 201771,58149.413.42$5,751
Dec 201672,20348.763.72$8,543
Nov 201663,29342.492.64$8,963
Oct 201674,00646.193.09$12,703
Sep 2016671041.553.10$2,451
Aug 201603,11941.442.92$9,121
Jul 201603,15441.622.92$9,223
Jun 201602,99045.352.69$8,031
May 201603,50442.521.99$6,977
Apr 201603,56636.561.99$7,100
Mar 201604,27333.011.79$7,666
Feb 201604,02126.472.06$8,298
Jan 201604,30227.352.36$10,171
Dec 201504,80432.362.00$9,615
Nov 201505,14938.792.17$11,160
Oct 201504,89443.552.43$11,876
Sep 201504,32042.992.76$11,916
Aug 201504,35940.162.87$12,521
Jul 201504,30348.152.95$12,673
Jun 201504,28656.152.88$12,356
May 201504,92055.212.96$14,541
Apr 2015165,05549.822.71$14,479
Mar 20151604,81342.892.93$20,987
Feb 201512711,09144.662.98$38,681
Jan 20151279,24743.433.10$34,187
Dec 20141284,65754.693.59$23,725
Nov 20141264,65670.464.25$28,675
Oct 20141364,72878.303.90$29,093
Sep 20141194,36586.164.05$27,911
Aug 2014714,67089.394.04$25,191
Jul 20141045,00696.564.18$30,965
Jun 20141244,66298.164.74$34,255
May 2014424,00894.734.73$22,923
Apr 2014224,08295.944.81$21,742
Mar 2014263,87595.895.06$22,088
Feb 2014293,75997.406.19$26,100
Jan 2014554,82490.404.86$28,420
Dec 2013865,52291.824.35$31,942
Nov 20131295,15088.853.74$30,714
Oct 20131575,01397.423.78$34,241
Sep 2013684,750104.113.72$24,739
Aug 20132246,087104.253.52$44,794
Jul 20132275,361102.523.72$43,203
Jun 20132005,06694.403.93$38,807
May 20133485,58094.834.15$56,153
Apr 20133245,32593.964.28$53,248
Mar 20133805,80793.623.91$58,298
Feb 20133105,29291.233.42$46,379
Jan 20133886,44891.603.42$57,592
Dec 20123796,12386.773.42$53,827
Nov 20122804,19486.953.62$39,549
Oct 2012821,31089.383.40$11,783
Sep 20121232,10394.672.92$17,782
Aug 20121362,41992.662.91$19,637
Jul 2012393,33285.133.02$13,385
Jun 2012433,93179.822.52$13,335
May 2012383,64591.612.49$12,551
Apr 2012373,334101.652.00$10,418
Mar 2012494,691105.052.22$15,571
Feb 2012524,527101.102.57$16,893
Jan 2012574,98998.092.73$19,231
Dec 2011514,50596.873.24$19,535
Nov 2011404,20195.723.31$17,739
Oct 2011555,35084.983.65$24,194
Sep 2011173,11083.623.99$13,817
Aug 2011245,50383.404.15$24,835
Jul 2011272,87094.144.52$15,506
Jun 2011242,50092.904.64$13,829
May 2011252,88398.134.40$15,152
Apr 2011362,936105.964.33$16,537
Mar 2011473,35896.364.06$18,153
Feb 2011372,73585.644.18$14,601
Jan 2011453,16386.504.59$18,407
Dec 2010443,15585.734.35$17,489
Nov 2010423,03880.843.80$14,925
Oct 2010463,35778.103.51$15,372
Sep 2010413,27672.633.98$16,015
Aug 2010453,52173.684.42$18,876
Jul 2010453,60272.554.74$20,326
Jun 2010483,47970.364.91$20,461
May 2010463,41371.124.24$17,726
Apr 2010583,72381.694.12$20,087
Mar 201015411,05578.394.39$60,589
Feb 2010946,21373.585.44$40,730
Jan 20101187,87174.365.96$55,718
Dec 200926711,29871.445.48$81,030
Nov 200924011,16674.593.75$59,791
Oct 20091537,72772.544.11$42,859
Sep 20091206,24065.543.06$26,989
Aug 20091326,78267.423.22$30,727
Jul 2009975,17161.133.46$23,845
Jun 20091235,92266.163.90$31,204
May 20091886,43354.743.93$35,545
Apr 20092105,47046.773.59$29,445
Mar 20092315,93542.144.06$33,825
Feb 20091232,78032.814.63$16,915
Jan 20092316,13735.865.37$41,245
Dec 20081934,86237.105.98$36,221
Nov 20082235,36555.496.86$49,180
Oct 20082325,53975.246.92$55,797
Sep 20082115,139101.767.88$61,952
Aug 20082195,549114.228.48$72,086
Jul 20082295,760131.0811.39$95,620
Jun 20082205,378131.3313.03$98,982
May 20082395,705123.1711.57$95,469
Apr 20081735,866110.3110.45$80,412
Mar 20082146,408101.909.66$83,734
Feb 20082106,30092.538.77$74,686
Jan 20082237,22790.388.21$79,458
Dec 20072156,95888.337.30$69,798
Nov 2007177,18491.677.29$53,942
Oct 2007217,88382.856.92$56,306
Sep 2007308,70375.846.24$56,618
Aug 2007249,86869.066.39$64,694
Jul 20072712,07770.906.39$79,061
Jun 20072913,16262.007.55$101,151
May 200711425,41358.747.85$206,094
Apr 200726112,89559.617.81$116,206

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           162 bbl  × $106.41 =    $17,238
Gas                1,487 Mcf  × $  3.05 =     $4,529

────────────────────────────────────────────────────
Month total                                  $21,768

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/228306 is the state's own key, not one this site invented.