CHOICE

Operated by EQV OPERATING LLC (P-5 101634) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228352District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Feb 2007 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
232
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112007-10-30177926
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
CondensateDisposition5,103 bbl$410,827
GasProduction302,066 Mcf$1,524,320
Total$1,935,147

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 32.0601, -94.7652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06009, -94.76524 · 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
10,970 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 10,970 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-40134120110,970 ftFeb 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 (232)

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

232 months

May 20261919106.413.05$2,906
Apr 2026014398.932.87$410
Mar 20260089.753.15$0
Feb 20267271763.503.75$7,261
Jan 2026016259.138.00$1,296
Dec 2025043156.664.41$1,902
Nov 2025034458.593.93$1,351
Oct 2025031359.383.30$1,034
Sep 2025021662.743.08$665
Aug 2025077363.933.01$2,330
Jul 202514330866.743.32$10,565
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025067662.363.54$2,395
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024025368.993.12$790
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024015569.612.36$366
Aug 2024015275.632.06$314
Jul 2024049079.932.15$1,052
Jun 2024036078.082.63$948
May 2024039378.812.20$864
Apr 20240084.451.66$0
Mar 2024055480.301.55$856
Feb 2024028876.091.78$514
Jan 2024069273.023.30$2,282
Dec 2023034571.262.61$901
Nov 2023027377.892.81$766
Oct 2023025985.443.09$800
Sep 2023036289.042.74$990
Aug 2023050080.522.67$1,336
Jul 2023046574.852.64$1,228
Jun 2023048868.962.26$1,102
May 2023011370.622.23$252
Apr 2023054978.122.24$1,229
Mar 2023039572.852.39$945
Feb 2023045375.112.47$1,117
Jan 2023041176.533.39$1,392
Dec 2022037876.415.73$2,166
Nov 2022032485.005.65$1,829
Oct 2022047787.185.86$2,797
Sep 2022040984.888.16$3,339
Aug 2022025794.529.13$2,346
Jul 20220402101.587.54$3,032
Jun 20220282115.097.98$2,250
May 20220558109.378.43$4,706
Apr 20220433104.226.84$2,961
Mar 20220197108.885.08$1,000
Feb 2022069891.054.86$3,391
Jan 202201,05481.844.54$4,783
Dec 2021093771.323.90$3,653
Nov 2021081377.435.24$4,258
Oct 202101,02079.795.71$5,828
Sep 2021027269.865.35$1,455
Aug 2021051866.024.22$2,186
Jul 2021034170.783.98$1,358
Jun 2021041869.493.38$1,413
May 2021061563.483.02$1,856
Apr 2021057260.362.76$1,578
Mar 2021067561.302.72$1,834
Feb 2021038657.805.55$2,142
Jan 2021050850.412.81$1,428
Dec 2020046844.642.68$1,252
Nov 2020054338.772.71$1,470
Oct 2020050836.972.48$1,259
Sep 2020026137.091.99$520
Aug 2020048639.982.39$1,159
Jul 2020016938.371.83$308
Jun 2020043534.901.69$735
May 2020026916.921.81$488
Apr 2020041914.751.80$756
Mar 2020060630.341.86$1,125
Feb 2020045549.881.98$901
Jan 2020049257.252.09$1,031
Dec 201918159359.012.30$12,047
Nov 2019049355.302.75$1,356
Oct 2019057753.472.42$1,396
Sep 2019030855.052.66$818
Aug 2019036553.112.30$841
Jul 2019050556.272.46$1,242
Jun 2019053852.782.49$1,340
May 2019013558.482.74$370
Apr 2019023662.632.75$649
Mar 2019060856.803.06$1,862
Feb 2019045750.852.79$1,276
Jan 2019058546.033.23$1,888
Dec 2018068046.594.19$2,846
Nov 2018056652.934.24$2,398
Oct 2018048061.443.40$1,631
Sep 2018054659.543.11$1,697
Aug 2018059659.403.07$1,828
Jul 2018052765.142.93$1,545
Jun 2018056860.183.08$1,748
May 2018041465.382.90$1,201
Apr 2018051263.842.90$1,485
Mar 2018041061.222.79$1,143
Feb 2018054061.782.77$1,494
Jan 2018066462.874.01$2,662
Dec 2017051157.272.92$1,493
Nov 2017056555.423.12$1,762
Oct 2017060749.292.98$1,811
Sep 2017033547.523.09$1,034
Aug 2017041645.373.00$1,250
Jul 2017036543.873.09$1,127
Jun 2017082942.493.09$2,559
May 2017057045.373.26$1,860
Apr 2017071047.933.21$2,280
Mar 2017068146.772.98$2,032
Feb 2017069250.452.95$2,043
Jan 2017071749.413.42$2,451
Dec 2016096248.763.72$3,581
Nov 2016086042.492.64$2,274
Oct 201617786046.193.09$10,833
Sep 2016088141.553.10$2,732
Aug 2016094841.442.92$2,772
Jul 201601,03541.622.92$3,027
Jun 201611,08945.352.69$2,970
May 201601,00842.521.99$2,007
Apr 201611,09636.561.99$2,219
Mar 201601,12533.011.79$2,018
Feb 201601,16726.472.06$2,408
Jan 201601,04927.352.36$2,480
Dec 201501,31632.362.00$2,634
Nov 201501,25238.792.17$2,714
Oct 201501,32843.552.43$3,223
Sep 201501,28742.992.76$3,550
Aug 201501,32040.162.87$3,792
Jul 201511,23448.152.95$3,682
Jun 20151591,23456.152.88$12,485
May 201501,38055.212.96$4,079
Apr 201501,24749.822.71$3,375
Mar 201511,60742.892.93$4,759
Feb 201501,17544.662.98$3,497
Jan 201501,33443.433.10$4,136
Dec 201461,34954.693.59$5,173
Nov 201401,37670.464.25$5,851
Oct 201411,30478.303.90$5,165
Sep 201461,00086.164.05$4,562
Aug 201441,15589.394.04$5,018
Jul 201471,02196.564.18$4,943
Jun 201431,37698.164.74$6,812
May 201401,52194.734.73$7,189
Apr 2014131,51495.944.81$8,528
Mar 201421,52895.895.06$7,919
Feb 2014111,47697.406.19$10,211
Jan 2014141,59590.404.86$9,018
Dec 201361,60691.824.35$7,544
Nov 201391,63588.853.74$6,912
Oct 20131851,74697.423.78$24,621
Sep 2013101,733104.113.72$7,484
Aug 2013111,657104.253.52$6,984
Jul 201301,877102.523.72$6,978
Jun 2013181,82194.403.93$8,862
May 2013201,82194.834.15$9,452
Apr 2013251,80893.964.28$10,092
Mar 2013161,77893.623.91$8,455
Feb 2013111,38591.233.42$5,740
Jan 201381,49491.603.42$5,842
Dec 20121711,41986.773.42$19,691
Nov 201291,18386.953.62$5,071
Oct 201221,45189.383.40$5,112
Sep 201201,52094.672.92$4,436
Aug 201201,46392.662.91$4,255
Jul 201231,63585.133.02$5,194
Jun 201201,60979.822.52$4,053
May 201201,76691.612.49$4,394
Apr 20121731,753101.652.00$21,086
Mar 2012181,815105.052.22$5,924
Feb 201241,469101.102.57$4,180
Jan 20121641,76998.092.73$20,923
Dec 201111,75296.873.24$5,773
Nov 201101,66495.723.31$5,510
Oct 201121,76284.983.65$6,599
Sep 201141,49483.623.99$6,289
Aug 201141,56483.404.15$6,823
Jul 20111811,57594.144.52$24,154
Jun 201101,54992.904.64$7,187
May 201111,77698.134.40$7,921
Apr 201103,494105.964.33$15,140
Mar 201103,47696.364.06$14,103
Feb 201103,62785.644.18$15,161
Jan 201104,04286.504.59$18,548
Dec 20101714,71085.734.35$35,138
Nov 201003,03080.843.80$11,500
Oct 201002,18878.103.51$7,677
Sep 201011,03372.633.98$4,183
Aug 20101721,49073.684.42$19,258
Jul 201002,00372.554.74$9,487
Jun 201002,00070.364.91$9,821
May 201001,87771.124.24$7,950
Apr 20101761,95781.694.12$22,446
Mar 201002,02978.394.39$8,905
Feb 201001,61273.585.44$8,773
Jan 20101951,82274.365.96$25,367
Dec 200902,15471.445.48$11,812
Nov 200902,17974.593.75$8,175
Oct 20091861,76272.544.11$20,735
Sep 200902,00665.543.06$6,148
Aug 200902,00767.423.22$6,460
Jul 200902,12661.133.46$7,366
Jun 200902,17366.163.90$8,464
May 20091982,22854.743.93$19,585
Apr 200962,64746.773.59$9,777
Mar 20091952,64742.144.06$18,961
Feb 200902,12132.814.63$9,827
Jan 200902,73335.865.37$14,679
Dec 20081922,25837.105.98$20,620
Nov 200801,46255.496.86$10,030
Oct 20081902,91775.246.92$34,487
Sep 200801,151101.767.88$9,067
Aug 20081883,482114.228.48$51,011
Jul 200803,071131.0811.39$34,977
Jun 20081873,146131.3313.03$65,559
May 20081784,305123.1711.57$71,752
Apr 20081744,886110.3110.45$70,276
Mar 20081785,480101.909.66$71,097
Feb 200802,26292.538.77$19,839
Jan 20081804,26790.388.21$51,282
Dec 200703,89688.337.30$28,448
Nov 200701,06291.677.29$7,744
Oct 200702,64182.856.92$18,281
Sep 200704,40975.846.24$27,531
Aug 20071782,46469.066.39$28,033
Jul 200703,29870.906.39$21,067
Jun 200714,46962.007.55$33,796
May 20072276,01258.747.85$60,506
Apr 2007239,59959.617.81$76,293
Mar 2007278,36456.927.30$62,611
Feb 2007204,12655.108.22$35,001

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             1 bbl  × $106.41 =       $106
Gas                  919 Mcf  × $  3.05 =     $2,799

────────────────────────────────────────────────────
Month total                                   $2,906

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/228352 is the state's own key, not one this site invented.