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 235782District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Apr 2008 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
218
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 Gas112009-07-31193563
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
CondensateDisposition13,211 bbl$986,079
GasProduction446,932 Mcf$2,044,897
Total$3,030,975

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 32.0337, -94.2476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03370, -94.24761 · 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
9,650 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 9,650 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-3653697739,650 ftApr 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 (218)

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

218 months

May 2026039106.413.05$119
Apr 2026049098.932.87$1,406
Mar 2026034789.753.15$1,093
Feb 2026070763.503.75$2,651
Jan 2026091159.138.00$7,286
Dec 2025093156.664.41$4,109
Nov 2025082958.593.93$3,255
Oct 2025031059.383.30$1,025
Sep 2025083762.743.08$2,575
Aug 2025039163.933.01$1,179
Jul 2025036466.743.32$1,207
Jun 2025056166.483.13$1,755
May 202517658160.553.23$12,535
Apr 202501262.363.54$43
Mar 2025033667.704.27$1,434
Feb 2025025270.884.34$1,094
Jan 2025133874.324.28$1,521
Dec 2024164168.993.12$2,070
Nov 2024148769.052.20$1,140
Oct 2024239871.372.28$1,051
Sep 2024751969.612.36$1,714
Aug 2024454475.632.06$1,425
Jul 2024437379.932.15$1,120
Jun 2024845878.082.63$1,831
May 2024363078.812.20$1,621
Apr 2024550184.451.66$1,254
Mar 20241050280.301.55$1,579
Feb 2024746676.091.78$1,364
Jan 2024170973.023.30$2,411
Dec 2023036671.262.61$956
Nov 2023054077.892.81$1,516
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023190080.522.67$15,299
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023324570.622.23$758
Apr 2023052878.122.24$1,182
Mar 20231559372.852.39$2,512
Feb 2023253375.112.47$1,464
Jan 202310458176.533.39$9,927
Dec 2022164876.415.73$3,789
Nov 2022863685.005.65$4,271
Oct 202218170487.185.86$19,908
Sep 2022777484.888.16$6,913
Aug 2022383694.529.13$7,914
Jul 20228833101.587.54$7,095
Jun 20229800115.097.98$7,418
May 20228797109.378.43$7,596
Apr 2022190815104.226.84$25,374
Mar 202211809108.885.08$5,304
Feb 2022369691.054.86$3,655
Jan 2022479281.844.54$3,921
Dec 2021877471.323.90$3,588
Nov 20211069877.435.24$4,430
Oct 2021377979.795.71$4,690
Sep 2021382669.865.35$4,629
Aug 20212085766.024.22$4,937
Jul 202119886270.783.98$17,447
Jun 2021085669.493.38$2,894
May 2021081763.483.02$2,465
Apr 2021079260.362.76$2,185
Mar 2021083061.302.72$2,255
Feb 2021075157.805.55$4,167
Jan 2021081550.412.81$2,290
Dec 202017879944.642.68$10,084
Nov 2020075538.772.71$2,043
Oct 2020085636.972.48$2,122
Sep 2020086137.091.99$1,714
Aug 2020087039.982.39$2,075
Jul 2020089738.371.83$1,637
Jun 2020085634.901.69$1,447
May 20202987516.921.81$2,079
Apr 202018086114.751.80$4,209
Mar 20203188130.341.86$2,576
Feb 20203882549.881.98$3,529
Jan 2020090057.252.09$1,885
Dec 2019090659.012.30$2,088
Nov 2019092855.302.75$2,553
Oct 2019099053.472.42$2,394
Sep 201916796555.052.66$11,758
Aug 201901,01653.112.30$2,341
Jul 201901,01656.272.46$2,499
Jun 2019098952.782.49$2,464
May 201901,02558.482.74$2,809
Apr 2019058962.632.75$1,620
Mar 201918097256.803.06$13,200
Feb 2019090650.852.79$2,530
Jan 201901,00946.033.23$3,257
Dec 2018098446.594.19$4,118
Nov 2018099752.934.24$4,225
Oct 2018099961.443.40$3,395
Sep 20181611,19459.543.11$13,297
Aug 2018098859.403.07$3,030
Jul 2018099265.142.93$2,908
Jun 201821,06460.183.08$3,394
May 201801,13665.382.90$3,295
Apr 201821,03563.842.90$3,130
Mar 20181821,06561.222.79$14,110
Feb 201801,00961.782.77$2,791
Jan 201821,11662.874.01$4,600
Dec 201721,15957.272.92$3,501
Nov 201701,13955.423.12$3,552
Oct 201721,17849.292.98$3,613
Sep 20171741,14447.523.09$11,800
Aug 201721,18745.373.00$3,657
Jul 201721,22443.873.09$3,867
Jun 201701,18142.493.09$3,646
May 201721,23345.373.26$4,115
Apr 20171841,21747.933.21$12,728
Mar 201721,26546.772.98$3,868
Feb 2017298050.452.95$2,994
Jan 201741,05649.413.42$3,808
Dec 201643148.763.72$310
Nov 20161751,06242.492.64$10,244
Oct 201641,11246.193.09$3,621
Sep 201601,15141.553.10$3,569
Aug 201601,20541.442.92$3,524
Jul 201601,29141.622.92$3,775
Jun 2016072345.352.69$1,942
May 20161841,25442.521.99$10,320
Apr 201601,29636.561.99$2,580
Mar 201601,56333.011.79$2,804
Feb 201601,88526.472.06$3,890
Jan 20161802,61227.352.36$11,099
Dec 201503,94832.362.00$7,902
Nov 20151070438.792.17$1,914
Oct 20151952,13643.552.43$13,675
Sep 2015252,09642.992.76$6,856
Aug 2015142,11140.162.87$6,626
Jul 20152042,00648.152.95$15,730
Jun 2015191,87756.152.88$6,478
May 2015162,00655.212.96$6,812
Apr 2015151,91449.822.71$5,928
Mar 20152052,04242.892.93$14,785
Feb 2015111,79244.662.98$5,825
Jan 20152072,22443.433.10$15,886
Dec 2014112,22854.693.59$8,603
Nov 2014122,23270.464.25$10,336
Oct 2014132,34878.303.90$10,177
Sep 20142032,27886.164.05$26,706
Aug 2014142,31089.394.04$10,573
Jul 201482,46696.564.18$11,079
Jun 201452,10898.164.74$10,476
May 20141852,25494.734.73$28,179
Apr 2014182,27095.944.81$12,644
Mar 2014122,36895.895.06$13,125
Feb 20141832,13997.406.19$31,069
Jan 20142072,40190.404.86$30,383
Dec 201342,42091.824.35$10,905
Nov 201312,30988.853.74$8,721
Oct 201312,44297.423.78$9,327
Sep 201392,423104.113.72$9,945
Aug 20132022,410104.253.52$29,548
Jul 201382,468102.523.72$9,996
Jun 201352,22794.403.93$9,232
May 20131302,38394.834.15$22,215
Apr 2013152,45093.964.28$11,902
Mar 20132022,52793.623.91$28,799
Feb 201382,41591.233.42$8,989
Jan 2013132,59791.603.42$10,072
Dec 20121772,63886.773.42$24,381
Nov 2012242,61486.953.62$11,562
Oct 2012122,73789.383.40$10,377
Sep 20122872,66694.672.92$34,951
Aug 201272,85792.662.91$8,957
Jul 2012152,91385.133.02$10,077
Jun 20121872,89279.822.52$22,211
May 201242,97891.612.49$7,777
Apr 2012472,789101.652.00$10,347
Mar 20122123,115105.052.22$29,192
Feb 2012192,951101.102.57$9,506
Jan 2012523,38998.092.73$14,366
Dec 20112133,35096.873.24$31,486
Nov 2011163,58395.723.31$13,396
Oct 2011123,85584.983.65$15,085
Sep 20112093,66683.623.99$32,089
Aug 2011144,06883.404.15$18,047
Jul 20111914,19994.144.52$36,949
Jun 201104,27992.904.64$19,854
May 201104,36898.134.40$19,240
Apr 20112013,927105.964.33$38,315
Mar 20111873,62896.364.06$32,739
Feb 2011833,32185.644.18$20,990
Jan 20111793,68586.504.59$32,393
Dec 2010283,70285.734.35$18,496
Nov 20101973,66080.843.80$29,816
Oct 2010213,93378.103.51$15,441
Sep 2010343,38572.633.98$15,940
Aug 20102073,74973.684.42$31,820
Jul 20102064,11672.554.74$34,441
Jun 2010334,06670.364.91$22,288
May 20102194,34771.124.24$33,986
Apr 201004,17181.694.12$17,196
Mar 20101774,18678.394.39$32,246
Feb 201003,83173.585.44$20,850
Jan 20101884,22174.365.96$39,154
Dec 200944,35371.445.48$24,157
Nov 20091833,80274.593.75$27,913
Oct 20091914,87372.544.11$33,884
Sep 200954,65765.543.06$14,600
Aug 20091884,83967.423.22$28,249
Jul 20092015,06161.133.46$29,821
Jun 2009185,13466.163.90$21,188
May 20092105,51654.743.93$33,150
Apr 20092076,23646.773.59$32,053
Mar 20091886,94342.144.06$36,104
Feb 20092236,76932.814.63$38,677
Jan 20092578,33335.865.37$53,973
Dec 20082018,45537.105.98$57,994
Nov 20082497,32355.496.86$64,055
Oct 20081947,59775.246.92$67,183
Sep 20082088,569101.767.88$88,665
Aug 200839412,384114.228.48$150,056
Jul 200835412,042131.0811.39$183,554
Jun 20082005,326131.3313.03$95,678
May 20081945,690123.1711.57$89,753
Apr 200803,945110.3110.45$41,244

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             0 bbl  × $106.41 =         $0
Gas                   39 Mcf  × $  3.05 =       $119

────────────────────────────────────────────────────
Month total                                     $119

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/235782 is the state's own key, not one this site invented.