PAYNE

Operated by TGNR EAST TEXAS II LLC (P-5 102211) in the CARTHAGE, NORTH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235754District 06Field 160342502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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 568 leases and 570 wells, and the rule below applies to all of them.

Discovered
1981-11-18
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 2010-12-14.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112009-01-23188666
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
CondensateDisposition3,769 bbl$306,620
GasProduction614,125 Mcf$3,045,253
Total$3,351,873

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 32.2342, -94.1955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23416, -94.19555 · 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
9,890 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 9,890 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-36536932109,890 ftMar 2008

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 (219)

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

219 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 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 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20227087.185.86$610
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202102666.024.22$110
Jul 202104770.783.98$187
Jun 2021037069.493.38$1,251
May 2021020763.483.02$625
Apr 2021022560.362.76$621
Mar 2021035861.302.72$973
Feb 2021021757.805.55$1,204
Jan 20218728650.412.81$5,189
Dec 202004444.642.68$118
Nov 2020024338.772.71$658
Oct 2020030136.972.48$746
Sep 2020010637.091.99$211
Aug 2020022239.982.39$529
Jul 2020028238.371.83$515
Jun 2020025234.901.69$426
May 2020230516.921.81$587
Apr 2020019014.751.80$343
Mar 2020060130.341.86$1,116
Feb 20200049.881.98$0
Jan 202002257.252.09$46
Dec 2019523359.012.30$832
Nov 2019029755.302.75$817
Oct 2019018453.472.42$445
Sep 20191338455.052.66$1,736
Aug 2019223753.112.30$652
Jul 2019037956.272.46$932
Jun 201914134652.782.49$8,304
May 2019022258.482.74$608
Apr 2019036662.632.75$1,007
Mar 2019729756.803.06$1,307
Feb 2019052250.852.79$1,458
Jan 2019032146.033.23$1,036
Dec 2018027646.594.19$1,155
Nov 2018011452.934.24$483
Oct 2018028961.443.40$982
Sep 2018037659.543.11$1,169
Aug 2018024559.403.07$751
Jul 2018043865.142.93$1,284
Jun 2018025160.183.08$772
May 2018037865.382.90$1,097
Apr 2018018363.842.90$531
Mar 201815220161.222.79$9,866
Feb 2018030161.782.77$833
Jan 2018026262.874.01$1,050
Dec 2017027857.272.92$812
Nov 2017044255.423.12$1,378
Oct 2017029549.292.98$880
Sep 2017238747.523.09$1,290
Aug 2017737145.373.00$1,432
Jul 2017321743.873.09$802
Jun 2017032642.493.09$1,006
May 2017053145.373.26$1,733
Apr 2017016547.933.21$530
Mar 2017029446.772.98$877
Feb 2017035950.452.95$1,060
Jan 2017049249.413.42$1,682
Dec 2016034448.763.72$1,281
Nov 2016015042.492.64$397
Oct 2016033946.193.09$1,048
Sep 2016112341.553.10$423
Aug 2016172041.442.92$2,147
Jul 201605841.622.92$170
Jun 2016230145.352.69$899
May 2016240842.521.99$897
Apr 20161078636.561.99$1,931
Mar 2016143,28233.011.79$6,350
Feb 2016223,38926.472.06$7,576
Jan 2016194,29627.352.36$10,677
Dec 201544,46032.362.00$9,056
Nov 201504,29538.792.17$9,309
Oct 20151304,50143.552.43$16,584
Sep 201593,94442.992.76$11,266
Aug 201544,83640.162.87$14,052
Jul 201534,72148.152.95$14,048
Jun 20151084,70156.152.88$19,617
May 201504,26155.212.96$12,593
Apr 2015294,77049.822.71$14,355
Mar 2015874,08842.892.93$15,729
Feb 201584,63144.662.98$14,140
Jan 201505,25743.433.10$16,300
Dec 201405,32354.693.59$19,117
Nov 201404,84070.464.25$20,579
Oct 2014534,80878.303.90$22,906
Sep 201405,03686.164.05$20,373
Aug 201404,59689.394.04$18,545
Jul 201404,02396.564.18$16,815
Jun 2014562,27998.164.74$16,292
May 201403,57894.734.73$16,912
Apr 2014215,01395.944.81$26,123
Mar 201405,24595.895.06$26,523
Feb 2014134,22797.406.19$27,440
Jan 201405,66390.404.86$27,526
Dec 2013135,23791.824.35$23,998
Nov 201304,92088.853.74$18,392
Oct 2013144,38297.423.78$17,925
Sep 201392,523104.113.72$10,317
Aug 2013193,703104.253.52$15,025
Jul 201304,009102.523.72$14,904
Jun 2013113,73794.403.93$15,738
May 20135252194.834.15$7,093
Apr 2013929893.964.28$2,122
Mar 2013163,11393.623.91$13,679
Feb 2013973,97691.233.42$22,447
Jan 201304,62591.603.42$15,817
Dec 2012154,91486.773.42$18,108
Nov 2012954,80986.953.62$25,693
Oct 2012175,16089.383.40$19,062
Sep 2012165,45494.672.92$17,432
Aug 2012764,52892.662.91$20,210
Jul 2012135,17885.133.02$16,748
Jun 2012135,36679.822.52$14,555
May 2012145,71691.612.49$15,506
Apr 2012594,945101.652.00$15,872
Mar 201205,916105.052.22$13,146
Feb 2012195,714101.102.57$16,607
Jan 2012556,33298.092.73$22,707
Dec 2011116,45596.873.24$21,978
Nov 2011156,28595.723.31$22,247
Oct 2011836,48984.983.65$30,729
Sep 2011726,52683.623.99$32,032
Aug 2011156,36683.404.15$27,666
Jul 201106,38194.144.52$28,825
Jun 201105,85292.904.64$27,153
May 2011145,87498.134.40$27,248
Apr 2011215,169105.964.33$24,624
Mar 201103,35796.364.06$13,620
Feb 2011020285.644.18$844
Jan 2011033886.504.59$1,551
Dec 2010063285.734.35$2,748
Nov 2010442680.843.80$1,940
Oct 20105186978.103.51$7,032
Sep 2010116,71472.633.98$27,517
Aug 2010106,60173.684.42$29,909
Jul 2010126,96972.554.74$33,879
Jun 2010836,92770.364.91$39,854
May 2010117,48471.124.24$32,479
Apr 20101097,24081.694.12$38,752
Mar 2010127,08378.394.39$32,026
Feb 2010946,62073.585.44$42,945
Jan 2010257,59574.365.96$47,156
Dec 20091497,82971.445.48$53,577
Nov 200908,02974.593.75$30,121
Oct 2009128,65272.544.11$36,432
Sep 2009458,58865.543.06$29,269
Aug 200909,03467.423.22$29,076
Jul 2009499,52361.133.46$35,988
Jun 2009369,61966.163.90$39,848
May 20091710,49454.743.93$42,127
Apr 20096110,42846.773.59$40,263
Mar 20095510,91342.144.06$46,614
Feb 2009169,49732.814.63$44,525
Jan 20094810,75335.865.37$59,476
Dec 20084611,79937.105.98$72,231
Nov 2008012,37655.496.86$84,904
Oct 20086614,03175.246.92$102,088
Sep 20088613,830101.767.88$117,692
Aug 2008015,805114.228.48$134,074
Jul 200817216,943131.0811.39$215,517
Jun 200816313,789131.3313.03$201,114
May 200817114,930123.1711.57$193,866
Apr 200826818,423110.3110.45$222,173
Mar 20080455101.909.66$4,397

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.

Oct 2022 — as filed, then multipliedworked
Condensate             7 bbl  × $ 87.18 =       $610
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                     $610

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/235754 is the state's own key, not one this site invented.