SMITH ET AL

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 232188District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
224
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 Gas112008-01-29180221
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
CondensateDisposition4,706 bbl$396,826
GasProduction679,205 Mcf$3,440,737
Total$3,837,564

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 32.1157, -94.5168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11573, -94.51679 · 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
10,135 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 10,135 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-36536702110,135 ftOct 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 (224)

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

224 months

May 202645912106.413.05$7,566
Apr 2026061698.932.87$1,768
Mar 20263981389.753.15$6,061
Feb 20260063.503.75$0
Jan 2026059559.138.00$4,759
Dec 20252855856.664.41$4,049
Nov 2025017458.593.93$683
Oct 2025012059.383.30$397
Sep 2025020162.743.08$618
Aug 20253618863.933.01$2,868
Jul 2025028166.743.32$932
Jun 2025036966.483.13$1,155
May 202501,30860.553.23$4,228
Apr 202501,08362.363.54$3,837
Mar 20251967267.704.27$4,155
Feb 20252218770.884.34$2,371
Jan 20252434174.324.28$3,243
Dec 2024049568.993.12$1,545
Nov 2024023569.052.20$517
Oct 20245322171.372.28$4,287
Sep 202401,05269.612.36$2,487
Aug 202401,27975.632.06$2,639
Jul 2024661,11679.932.15$7,671
Jun 202401,37378.082.63$3,616
May 202401,62978.812.20$3,581
Apr 2024069184.451.66$1,147
Mar 202401,65480.301.55$2,556
Feb 2024411,43876.091.78$5,685
Jan 2024371,36573.023.30$7,203
Dec 2023091771.262.61$2,394
Nov 2023471,15377.892.81$6,898
Oct 202301,25785.443.09$3,881
Sep 202301,11089.042.74$3,036
Aug 2023381,24880.522.67$6,396
Jul 202301,71074.852.64$4,517
Jun 202301,24068.962.26$2,801
May 2023371,42870.622.23$5,794
Apr 202301,14078.122.24$2,551
Mar 202301,43472.852.39$3,432
Feb 20234295475.112.47$5,507
Jan 202301,24476.533.39$4,214
Dec 2022381,23476.415.73$9,973
Nov 2022085185.005.65$4,805
Oct 20223831787.185.86$5,172
Sep 2022281,42984.888.16$14,043
Aug 2022581,72494.529.13$21,217
Jul 202201,688101.587.54$12,731
Jun 202202,041115.097.98$16,281
May 202201,740109.378.43$14,673
Apr 2022691,847104.226.84$19,820
Mar 2022771,823108.885.08$17,638
Feb 202201,53291.054.86$7,444
Jan 2022762,43181.844.54$17,251
Dec 202102,27771.323.90$8,878
Nov 202101,99377.435.24$10,437
Oct 2021572,28379.795.71$17,593
Sep 202101,69169.865.35$9,048
Aug 202101,34666.024.22$5,681
Jul 2021481,60870.783.98$9,801
Jun 202101,72869.493.38$5,842
May 202101,44663.483.02$4,364
Apr 202101,79960.362.76$4,962
Mar 202101,85861.302.72$5,048
Feb 202101,80257.805.55$9,997
Jan 202101,76150.412.81$4,949
Dec 202001,89544.642.68$5,070
Nov 202002,39038.772.71$6,469
Oct 202001,99436.972.48$4,942
Sep 202002,20237.091.99$4,384
Aug 202002,00839.982.39$4,789
Jul 202001,83338.371.83$3,345
Jun 202001,91534.901.69$3,237
May 202002,27016.921.81$4,119
Apr 202002,19914.751.80$3,968
Mar 202001,56830.341.86$2,911
Feb 202001,79649.881.98$3,557
Jan 202001,98857.252.09$4,164
Dec 201901,75759.012.30$4,049
Nov 201901,57455.302.75$4,330
Oct 201901,65153.472.42$3,993
Sep 201901,46255.052.66$3,885
Aug 201901,39653.112.30$3,217
Jul 201901,47356.272.46$3,624
Jun 201901,21452.782.49$3,024
May 201901,34358.482.74$3,680
Apr 201901,15062.632.75$3,163
Mar 2019074756.803.06$2,287
Feb 2019042750.852.79$1,192
Jan 2019034546.033.23$1,114
Dec 2018046946.594.19$1,963
Nov 2018034052.934.24$1,441
Oct 2018037561.443.40$1,274
Sep 20180059.543.11$0
Aug 2018014559.403.07$445
Jul 2018063065.142.93$1,847
Jun 20180060.183.08$0
May 2018029565.382.90$856
Apr 201801563.842.90$44
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018058462.874.01$2,341
Dec 20170057.272.92$0
Nov 201702855.423.12$87
Oct 2017024149.292.98$719
Sep 2017037347.523.09$1,152
Aug 2017056245.373.00$1,688
Jul 2017013543.873.09$417
Jun 2017213942.493.09$1,013
May 2017014645.373.26$476
Apr 20173061447.933.21$3,410
Mar 201756046.772.98$2,619
Feb 20170150.452.95$3
Jan 201702749.413.42$92
Dec 20167335648.763.72$4,885
Nov 2016077542.492.64$2,049
Oct 2016056146.193.09$1,734
Sep 2016049841.553.10$1,544
Aug 2016577441.442.92$2,578
Jul 201611,38541.622.92$4,092
Jun 201602045.352.69$54
May 2016602,55742.521.99$7,642
Apr 201602,61036.561.99$5,197
Mar 201607833.011.79$140
Feb 2016213,53026.472.06$7,840
Jan 2016267627.352.36$1,653
Dec 20152632632.362.00$1,494
Nov 2015090238.792.17$1,955
Oct 2015295,16543.552.43$13,796
Sep 201513,29142.992.76$9,121
Aug 2015166,28540.162.87$18,696
Jul 201502,60248.152.95$7,663
Jun 2015071156.152.88$2,050
May 20152147255.212.96$2,554
Apr 201502,26049.822.71$6,117
Mar 20152649842.892.93$2,577
Feb 201501,84944.662.98$5,503
Jan 201501,33543.433.10$4,139
Dec 2014362,73354.693.59$11,784
Nov 20144252370.464.25$5,183
Oct 201403,03578.303.90$11,839
Sep 2014382,10186.164.05$11,774
Aug 201401,60089.394.04$6,456
Jul 2014303,37696.564.18$17,007
Jun 2014343,32098.164.74$19,064
May 2014163,26294.734.73$16,934
Apr 2014091795.944.81$4,410
Mar 2014203,03095.895.06$17,240
Feb 201404,40897.406.19$27,294
Jan 2014184,66990.404.86$24,322
Dec 2013184,78691.824.35$22,493
Nov 2013183,88388.853.74$16,115
Oct 2013175,18397.423.78$21,245
Sep 2013164,648104.113.72$18,946
Aug 201306,028104.253.52$21,234
Jul 2013186,601102.523.72$26,386
Jun 2013163,03894.403.93$13,460
May 201311,84594.834.15$7,750
Apr 2013795293.964.28$4,735
Mar 201391,39893.623.91$6,313
Feb 2013203,04891.233.42$12,248
Jan 2013304,73091.603.42$18,924
Dec 201204,73086.773.42$16,177
Nov 2012284,55886.953.62$18,957
Oct 2012295,05789.383.40$19,784
Sep 201206,19294.672.92$18,071
Aug 2012454,33792.662.91$16,782
Jul 201205,25985.133.02$15,886
Jun 201204,57779.822.52$11,530
May 2012305,08091.612.49$15,389
Apr 2012315,222101.652.00$13,578
Mar 2012804,338105.052.22$18,043
Feb 2012284,406101.102.57$14,155
Jan 2012274,30598.092.73$14,419
Dec 2011604,44796.873.24$20,219
Nov 2011715,54095.723.31$25,141
Oct 2011296,93484.983.65$27,763
Sep 2011285,71483.623.99$25,116
Aug 2011555,75483.404.15$28,462
Jul 201136,18294.144.52$28,208
Jun 2011407,61692.904.64$39,053
May 2011705,28198.134.40$30,131
Apr 2011284,994105.964.33$24,607
Mar 2011275,19496.364.06$23,676
Feb 2011203,52785.644.18$16,456
Jan 2011633,88986.504.59$23,295
Dec 201005,49585.734.35$23,891
Nov 2010795,79480.843.80$28,377
Oct 2010434,43178.103.51$18,906
Sep 2010245,13872.633.98$22,190
Aug 2010545,87073.684.42$29,920
Jul 2010285,69272.554.74$28,992
Jun 2010364,33170.364.91$23,800
May 2010594,73271.124.24$24,237
Apr 2010204,56881.694.12$20,466
Mar 2010635,78578.394.39$30,327
Feb 2010425,32873.585.44$32,087
Jan 2010163,88674.365.96$24,366
Dec 2009185,63071.445.48$32,159
Nov 2009395,70574.593.75$24,311
Oct 2009227,40272.544.11$32,020
Sep 2009417,55865.543.06$25,851
Aug 2009108,72367.423.22$28,749
Jul 200996,50161.133.46$23,073
Jun 20092010,09266.163.90$40,632
May 2009244,67854.743.93$19,678
Apr 2009384,44546.773.59$17,724
Mar 20090042.144.06$0
Feb 2009013532.814.63$625
Jan 2009268,76435.865.37$48,004
Dec 2008399,24337.105.98$56,694
Nov 2008279,57255.496.86$67,166
Oct 20082810,45875.246.92$74,497
Sep 2008177,826101.767.88$63,376
Aug 2008348,997114.228.48$80,205
Jul 20085210,805131.0811.39$129,879
Jun 20086911,022131.3313.03$152,707
May 20086611,375123.1711.57$139,787
Apr 200833612,177110.3110.45$164,373
Mar 20087812,755101.909.66$131,213
Feb 20085412,61792.538.77$115,655
Jan 200820913,72690.388.21$131,521
Dec 200714216,50388.337.30$133,047
Nov 200714420,85591.677.29$165,269
Oct 2007119,86282.856.92$137,567

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            45 bbl  × $106.41 =     $4,788
Gas                  912 Mcf  × $  3.05 =     $2,778

────────────────────────────────────────────────────
Month total                                   $7,566

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/232188 is the state's own key, not one this site invented.