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 235997District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Mar 2008 – May 2026
Value, last 12 filed months
$35 k
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 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 Gas112008-07-16184160
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
CondensateDisposition3,821 bbl$302,333
GasProduction668,728 Mcf$3,442,258
Total$3,744,591

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 32.1125, -94.5233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11250, -94.52326 · 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
10,100 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 10,100 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-36536743210,100 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 202692,508106.413.05$8,597
Apr 202602,31498.932.87$6,641
Mar 202681,38789.753.15$5,086
Feb 20260063.503.75$0
Jan 2026029259.138.00$2,335
Dec 20251738756.664.41$2,671
Nov 2025033958.593.93$1,331
Oct 2025072259.383.30$2,386
Sep 2025011162.743.08$342
Aug 20253517163.933.01$2,753
Jul 2025028166.743.32$932
Jun 2025053966.483.13$1,686
May 2025065160.553.23$2,104
Apr 202501,02362.363.54$3,625
Mar 20252094167.704.27$5,370
Feb 20255097470.884.34$7,772
Jan 2025511,72274.324.28$11,158
Dec 202401,93068.993.12$6,024
Nov 202402,07369.052.20$4,557
Oct 2024402,03471.372.28$7,495
Sep 202402,07269.612.36$4,899
Aug 202402,12975.632.06$4,393
Jul 2024252,06379.932.15$6,427
Jun 202402,14978.082.63$5,660
May 202402,09078.812.20$4,595
Apr 202402,17584.451.66$3,609
Mar 2024046980.301.55$725
Feb 20243856276.091.78$3,894
Jan 2024431,60373.023.30$8,426
Dec 202301,86871.262.61$4,877
Nov 2023461,68977.892.81$8,325
Oct 202302,02285.443.09$6,242
Sep 202302,03589.042.74$5,566
Aug 2023392,14280.522.67$8,866
Jul 202302,18274.852.64$5,764
Jun 202302,10368.962.26$4,750
May 2023442,00870.622.23$7,580
Apr 202302,04978.122.24$4,585
Mar 202302,25372.852.39$5,392
Feb 2023422,01575.112.47$8,123
Jan 202302,21476.533.39$7,500
Dec 2022201,83476.415.73$12,035
Nov 202202,22585.005.65$12,563
Oct 2022522,40487.185.86$18,630
Sep 2022172,15084.888.16$18,995
Aug 2022342,53194.529.13$26,315
Jul 202202,486101.587.54$18,750
Jun 202202,340115.097.98$18,667
May 202202,479109.378.43$20,906
Apr 2022372,629104.226.84$21,832
Mar 2022332,845108.885.08$18,035
Feb 202202,09591.054.86$10,179
Jan 2022362,49381.844.54$14,259
Dec 202102,47871.323.90$9,662
Nov 202102,50777.435.24$13,129
Oct 2021452,57879.795.71$18,321
Sep 202102,42369.865.35$12,965
Aug 202102,70066.024.22$11,396
Jul 20211242,78170.783.98$19,851
Jun 202102,56269.493.38$8,661
May 2021722,67663.483.02$12,646
Apr 202102,46260.362.76$6,791
Mar 202102,57561.302.72$6,996
Feb 2021471,81757.805.55$12,797
Jan 2021492,11650.412.81$8,417
Dec 2020482,03944.642.68$7,598
Nov 202002,04938.772.71$5,546
Oct 202002,19336.972.48$5,435
Sep 2020491,92437.091.99$5,648
Aug 2020472,06839.982.39$6,811
Jul 202002,12838.371.83$3,884
Jun 2020061534.901.69$1,040
May 202001,53316.921.81$2,782
Apr 2020871,24614.751.80$3,532
Mar 2020692,26130.341.86$6,290
Feb 202002,36149.881.98$4,676
Jan 202002,46457.252.09$5,161
Dec 2019742,37259.012.30$9,833
Nov 2019732,16855.302.75$10,000
Oct 201902,30853.472.42$5,582
Sep 201902,09955.052.66$5,578
Aug 2019612,36653.112.30$8,692
Jul 201902,57156.272.46$6,325
Jun 2019172,16952.782.49$6,301
May 201902,09858.482.74$5,749
Apr 201901,91762.632.75$5,273
Mar 201902,02556.803.06$6,201
Feb 201901,85050.852.79$5,166
Jan 201901,95046.033.23$6,295
Dec 201801,66446.594.19$6,965
Nov 201801,89152.934.24$8,013
Oct 201802,13061.443.40$7,238
Sep 201802,19259.543.11$6,813
Aug 201802,43259.403.07$7,458
Jul 201802,36865.142.93$6,943
Jun 201802,38960.183.08$7,351
May 201803,41865.382.90$9,915
Apr 201803,00163.842.90$8,705
Mar 201803,12061.222.79$8,695
Feb 201802,42361.782.77$6,702
Jan 201802,44862.874.01$9,815
Dec 201702,69757.272.92$7,879
Nov 201702,57355.423.12$8,024
Oct 201702,42649.292.98$7,238
Sep 201702,10447.523.09$6,496
Aug 201702,21745.373.00$6,661
Jul 201702,05043.873.09$6,329
Jun 201701,66742.493.09$5,147
May 201701,60645.373.26$5,241
Apr 201701,59047.933.21$5,106
Mar 201701,62546.772.98$4,848
Feb 201701,41250.452.95$4,169
Jan 201701,79149.413.42$6,123
Dec 201601,77748.763.72$6,615
Nov 201601,68642.492.64$4,458
Oct 201601,91246.193.09$5,909
Sep 201601,95541.553.10$6,062
Aug 201602,42641.442.92$7,094
Jul 201612,24741.622.92$6,613
Jun 201602,19245.352.69$5,887
May 201622,09842.521.99$4,262
Apr 201601,70236.561.99$3,389
Mar 201601,77833.011.79$3,190
Feb 201631,52126.472.06$3,218
Jan 201641,75427.352.36$4,256
Dec 201541,48732.362.00$3,106
Nov 201531,63438.792.17$3,658
Oct 201541,77443.552.43$4,479
Sep 201521,55342.992.76$4,370
Aug 201531,77740.162.87$5,225
Jul 201501,80048.152.95$5,301
Jun 201501,87356.152.88$5,400
May 201501,74355.212.96$5,151
Apr 201501,73749.822.71$4,701
Mar 201501,76942.892.93$5,192
Feb 201501,63044.662.98$4,851
Jan 201502,15543.433.10$6,682
Dec 201401,68154.693.59$6,037
Nov 201402,14470.464.25$9,116
Oct 201402,21778.303.90$8,648
Sep 201401,23286.164.05$4,984
Aug 201401,62589.394.04$6,557
Jul 201412,06296.564.18$8,715
Jun 201421,86298.164.74$9,016
May 201422,29694.734.73$11,042
Apr 201402,23595.944.81$10,748
Mar 2014162,24995.895.06$12,907
Feb 201401,79997.406.19$11,139
Jan 2014222,03090.404.86$11,856
Dec 2013211,93791.824.35$10,363
Nov 2013212,00888.853.74$9,372
Oct 2013132,21097.423.78$9,619
Sep 2013193,640104.113.72$15,511
Aug 201303,162104.253.52$11,138
Jul 2013184,095102.523.72$17,070
Jun 2013162,02094.403.93$9,456
May 201323,06294.834.15$12,894
Apr 2013202,85293.964.28$14,093
Mar 2013294,48393.623.91$20,256
Feb 2013202,99091.233.42$12,050
Jan 2013152,48391.603.42$9,866
Dec 201202,33986.773.42$8,000
Nov 2012142,25186.953.62$9,377
Oct 2012142,41989.383.40$9,475
Sep 201203,04794.672.92$8,892
Aug 2012333,14592.662.91$12,204
Jul 201202,93885.133.02$8,875
Jun 201202,83679.822.52$7,144
May 2012183,18291.612.49$9,567
Apr 2012183,087101.652.00$7,994
Mar 2012422,396105.052.22$9,736
Feb 2012152,331101.102.57$7,508
Jan 2012152,38598.092.73$7,992
Dec 2011292,72196.873.24$11,625
Nov 2011442,47195.723.31$12,394
Oct 2011172,91184.983.65$12,066
Sep 2011202,90883.623.99$13,263
Aug 2011322,37583.404.15$12,523
Jul 201123,03194.144.52$13,880
Jun 2011263,51192.904.64$18,706
May 2011673,60698.134.40$22,458
Apr 2011314,097105.964.33$21,038
Mar 2011263,51396.364.06$16,759
Feb 2011242,95185.644.18$14,390
Jan 2011773,38686.504.59$22,198
Dec 201003,40985.734.35$14,821
Nov 2010623,27080.843.80$17,423
Oct 2010474,00778.103.51$17,731
Sep 2010213,75472.633.98$16,464
Aug 2010454,05473.684.42$21,232
Jul 2010363,65872.554.74$19,938
Jun 2010633,75870.364.91$22,886
May 2010604,24371.124.24$22,237
Apr 2010183,61981.694.12$16,390
Mar 2010534,30678.394.39$23,052
Feb 2010353,95773.585.44$24,111
Jan 2010133,81774.365.96$23,732
Dec 2009184,83771.445.48$27,811
Nov 2009425,28274.593.75$22,948
Oct 2009215,99672.544.11$26,168
Sep 2009375,97765.543.06$20,743
Aug 200996,73067.423.22$22,267
Jul 2009116,84861.133.46$24,397
Jun 2009167,29566.163.90$29,473
May 2009309,70754.743.93$39,749
Apr 2009404,05146.773.59$16,404
Mar 20090042.144.06$0
Feb 2009014832.814.63$686
Jan 2009339,62635.865.37$52,885
Dec 20085510,99737.105.98$67,771
Nov 20083911,94555.496.86$84,111
Oct 20086113,05075.246.92$94,921
Sep 20084310,895101.767.88$90,197
Aug 20089013,507114.228.48$124,860
Jul 200813916,398131.0811.39$204,984
Jun 200811318,870131.3313.03$260,766
May 200813624,646123.1711.57$302,011
Apr 2008035,803110.3110.45$374,315
Mar 2008107,592101.909.66$74,389

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             9 bbl  × $106.41 =       $958
Gas                2,508 Mcf  × $  3.05 =     $7,639

────────────────────────────────────────────────────
Month total                                   $8,597

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/235997 is the state's own key, not one this site invented.