STRANGE

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

Gas lease lease 241358District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
May 2008 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
217
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
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 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112009-02-09189440
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
CondensateDisposition463 bbl$32,084
GasProduction882,740 Mcf$3,958,214
Total$3,990,299

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 32.4226, -94.1529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42262, -94.15292 · 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
9,900 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 9,900 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-2033421819,900 ftMay 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 (217)

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

217 months

May 202601,500106.413.05$4,569
Apr 202601,63398.932.87$4,686
Mar 202601,97589.753.15$6,220
Feb 202602,46563.503.75$9,245
Jan 202601,25459.138.00$10,029
Dec 202501,16756.664.41$5,150
Nov 202501,21258.593.93$4,759
Oct 202501,25259.383.30$4,138
Sep 202501,22162.743.08$3,757
Aug 202501,20163.933.01$3,621
Jul 202501,20866.743.32$4,005
Jun 202501,32966.483.13$4,158
May 202501,37660.553.23$4,448
Apr 202501,32162.363.54$4,680
Mar 202501,35067.704.27$5,762
Feb 202501,21070.884.34$5,252
Jan 202501,34774.324.28$5,763
Dec 202401,32468.993.12$4,133
Nov 202401,26869.052.20$2,788
Oct 202401,28071.372.28$2,920
Sep 202401,28169.612.36$3,029
Aug 202401,34775.632.06$2,780
Jul 202401,38279.932.15$2,967
Jun 202401,35978.082.63$3,580
May 202401,40478.812.20$3,087
Apr 202401,41884.451.66$2,353
Mar 202401,50980.301.55$2,332
Feb 202401,46776.091.78$2,617
Jan 202401,61573.023.30$5,326
Dec 202301,58671.262.61$4,141
Nov 202301,71777.892.81$4,821
Oct 202301,76585.443.09$5,449
Sep 202301,75989.042.74$4,811
Aug 202301,91680.522.67$5,121
Jul 202301,79174.852.64$4,731
Jun 202301,93968.962.26$4,379
May 202302,15370.622.23$4,796
Apr 202302,14978.122.24$4,809
Mar 202302,01972.852.39$4,832
Feb 202301,65575.112.47$4,081
Jan 202321,85376.533.39$6,431
Dec 202201,79276.415.73$10,267
Nov 202202,12685.005.65$12,004
Oct 202201,70787.185.86$10,009
Sep 202201,59084.888.16$12,980
Aug 202202,36994.529.13$21,622
Jul 202202,357101.587.54$17,777
Jun 202203,074115.097.98$24,522
May 202202,409109.378.43$20,315
Apr 202201,342104.226.84$9,176
Mar 202201,671108.885.08$8,483
Feb 202201,55791.054.86$7,565
Jan 202201,43581.844.54$6,512
Dec 202101,44771.323.90$5,642
Nov 202101,47277.435.24$7,709
Oct 202101,54479.795.71$8,822
Sep 202101,54769.865.35$8,278
Aug 202101,63666.024.22$6,905
Jul 202101,66170.783.98$6,614
Jun 202101,59569.493.38$5,392
May 202101,84763.483.02$5,574
Apr 202101,77560.362.76$4,896
Mar 202102,02061.302.72$5,488
Feb 202101,81557.805.55$10,070
Jan 202102,11450.412.81$5,941
Dec 202002,18344.642.68$5,841
Nov 202002,19438.772.71$5,938
Oct 202002,23936.972.48$5,549
Sep 202001,75437.091.99$3,492
Aug 202002,19939.982.39$5,245
Jul 202002,07338.371.83$3,783
Jun 202002,04234.901.69$3,452
May 202001,94116.921.81$3,522
Apr 202002,21414.751.80$3,995
Mar 202002,23930.341.86$4,156
Feb 202002,05349.881.98$4,066
Jan 202002,10357.252.09$4,405
Dec 201902,60959.012.30$6,012
Nov 201902,57355.302.75$7,078
Oct 201902,53553.472.42$6,131
Sep 201902,63155.052.66$6,991
Aug 201902,75653.112.30$6,351
Jul 201902,50556.272.46$6,162
Jun 201902,59852.782.49$6,472
May 201902,72158.482.74$7,456
Apr 201902,68562.632.75$7,386
Mar 201902,84156.803.06$8,699
Feb 201902,75450.852.79$7,690
Jan 201903,14546.033.23$10,153
Dec 201803,24046.594.19$13,561
Nov 201802,98352.934.24$12,640
Oct 201803,14861.443.40$10,697
Sep 201803,01659.543.11$9,374
Aug 201803,23959.403.07$9,933
Jul 201803,11665.142.93$9,136
Jun 201812,91760.183.08$9,036
May 201802,96365.382.90$8,595
Apr 201802,85563.842.90$8,282
Mar 201802,92861.222.79$8,160
Feb 201812,86861.782.77$7,995
Jan 201803,35762.874.01$13,459
Dec 201702,80857.272.92$8,204
Nov 201703,00155.423.12$9,358
Oct 201703,21749.292.98$9,599
Sep 201703,45447.523.09$10,663
Aug 201702,92245.373.00$8,779
Jul 201702,95643.873.09$9,126
Jun 201702,79042.493.09$8,614
May 201702,98345.373.26$9,735
Apr 20171532,73647.933.21$16,120
Mar 201702,88746.772.98$8,614
Feb 201702,41250.452.95$7,122
Jan 201702,46349.413.42$8,421
Dec 201602,38048.763.72$8,860
Nov 201602,43242.492.64$6,431
Oct 201602,61446.193.09$8,078
Sep 201602,36141.553.10$7,321
Aug 201602,70941.442.92$7,922
Jul 201603,08741.622.92$9,027
Jun 201603,06845.352.69$8,240
May 201623,17742.521.99$6,411
Apr 201603,08336.561.99$6,138
Mar 201603,24533.011.79$5,822
Feb 201623,08126.472.06$6,411
Jan 201603,14527.352.36$7,436
Dec 201513,14432.362.00$6,325
Nov 201503,12238.792.17$6,766
Oct 201513,24443.552.43$7,915
Sep 201503,06342.992.76$8,449
Aug 201503,66640.162.87$10,531
Jul 201503,36948.152.95$9,922
Jun 201503,36756.152.88$9,707
May 201503,26755.212.96$9,655
Apr 20150049.822.71$0
Mar 201503,51542.892.93$10,316
Feb 201503,18944.662.98$9,491
Jan 201503,49243.433.10$10,827
Dec 201403,49754.693.59$12,559
Nov 201403,35170.464.25$14,248
Oct 201403,57078.303.90$13,926
Sep 201403,52386.164.05$14,252
Aug 201403,58289.394.04$14,454
Jul 201403,73096.564.18$15,590
Jun 201403,58198.164.74$16,963
May 201403,69594.734.73$17,465
Apr 201403,68095.944.81$17,698
Mar 201404,12795.895.06$20,869
Feb 201403,50997.406.19$21,728
Jan 201404,20890.404.86$20,454
Dec 201303,91291.824.35$17,035
Nov 201303,95588.853.74$14,785
Oct 201303,97997.423.78$15,038
Sep 201303,980104.113.72$14,797
Aug 201304,394104.253.52$15,478
Jul 201304,667102.523.72$17,351
Jun 201304,21294.403.93$16,568
May 20131464,73494.834.15$33,487
Apr 201304,75093.964.28$20,342
Mar 201304,02693.623.91$15,753
Feb 201304,26591.233.42$14,586
Jan 201304,76591.603.42$16,296
Dec 201204,83986.773.42$16,550
Nov 201204,75386.953.62$17,229
Oct 201204,97689.383.40$16,917
Sep 201204,89594.672.92$14,286
Aug 201205,11992.662.91$14,887
Jul 201205,20385.133.02$15,717
Jun 201205,11579.822.52$12,885
May 201205,32491.612.49$13,248
Apr 201215,278101.652.00$10,641
Mar 201205,575105.052.22$12,388
Feb 201205,182101.102.57$13,319
Jan 201205,60398.092.73$15,319
Dec 201105,86696.873.24$19,004
Nov 201106,25895.723.31$20,722
Oct 201105,37784.983.65$19,618
Sep 201106,17483.623.99$24,608
Aug 201106,82783.404.15$28,327
Jul 201106,79794.144.52$30,704
Jun 201106,03692.904.64$28,006
May 201106,61198.134.40$29,120
Apr 201105,988105.964.33$25,948
Mar 201106,79596.364.06$27,570
Feb 201106,32385.644.18$26,430
Jan 201104,70786.504.59$21,599
Dec 201006,97485.734.35$30,321
Nov 201003,50280.843.80$13,291
Oct 201004,93878.103.51$17,327
Sep 201006,63372.633.98$26,396
Aug 201007,63573.684.42$33,742
Jul 201007,52572.554.74$35,642
Jun 201007,09870.364.91$34,854
May 201008,64171.124.24$36,597
Apr 201008,34881.694.12$34,416
Mar 201005,40278.394.39$23,708
Feb 201007,93773.585.44$43,196
Jan 201009,44274.365.96$56,313
Dec 200909,55071.445.48$52,370
Nov 200909,70374.593.75$36,401
Oct 2009010,05572.544.11$41,329
Sep 200909,99865.543.06$30,641
Aug 200915310,82867.423.22$45,165
Jul 2009011,55561.133.46$40,032
Jun 2009011,37466.163.90$44,302
May 2009012,72854.743.93$49,967
Apr 2009012,65946.773.59$45,414
Mar 2009013,43942.144.06$54,549
Feb 2009011,10332.814.63$51,440
Jan 2009012,55735.865.37$67,444
Dec 2008013,31937.105.98$79,610
Nov 2008013,12655.496.86$90,049
Oct 2008013,81375.246.92$95,613
Sep 2008016,090101.767.88$126,742
Aug 2008018,979114.228.48$160,999
Jul 2008018,578131.0811.39$211,593
Jun 2008026,622131.3313.03$346,955
May 200804,731123.1711.57$54,758

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                1,500 Mcf  × $  3.05 =     $4,569

────────────────────────────────────────────────────
Month total                                   $4,569

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/241358 is the state's own key, not one this site invented.