FREEMAN

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

Gas lease lease 245013District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Aug 2008 – May 2026
Value, last 12 filed months
$126 k
at the published price for each month
Months reported
214
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112009-05-12191560
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
CondensateDisposition11,742 bbl$671,719
GasProduction1,187,331 Mcf$4,676,773
Total$5,348,492

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 32.0319, -94.7298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03189, -94.72985 · 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
11,570 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 11,570 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-40134822111,570 ftNov 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 (214)

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

214 months

May 202602,496106.413.05$7,602
Apr 202603,12498.932.87$8,965
Mar 202603,03989.753.15$9,571
Feb 2026138063.503.75$8,763
Jan 202603,15259.138.00$25,209
Dec 202502,19856.664.41$9,701
Nov 202501,65758.593.93$6,506
Oct 202502,51259.383.30$8,302
Sep 202502,51762.743.08$7,745
Aug 20251472,92263.933.01$18,207
Jul 202502,76266.743.32$9,157
Jun 202501,98766.483.13$6,217
May 202503,05260.553.23$9,865
Apr 202504,49562.363.54$15,926
Mar 202502,73167.704.27$11,657
Feb 2025040370.884.34$1,749
Jan 20250074.324.28$0
Dec 202403,23968.993.12$10,110
Nov 202404,40169.052.20$9,675
Oct 20241744,65471.372.28$23,036
Sep 202402,47269.612.36$5,845
Aug 202403,23175.632.06$6,668
Jul 202403,51179.932.15$7,537
Jun 202413,82278.082.63$10,145
May 202404,30578.812.20$9,464
Apr 202403,84284.451.66$6,375
Mar 202404,33580.301.55$6,698
Feb 20241813,60876.091.78$20,208
Jan 202414,36573.023.30$14,467
Dec 202304,22771.262.61$11,036
Nov 202304,62277.892.81$12,977
Oct 202304,87885.443.09$15,060
Sep 202304,73289.042.74$12,942
Aug 202305,22480.522.67$13,963
Jul 20233134,50874.852.64$35,337
Jun 202305,12168.962.26$11,566
May 202305,40770.622.23$12,044
Apr 202315,32378.122.24$11,990
Mar 202305,64872.852.39$13,517
Feb 202305,19375.112.47$12,804
Jan 202315,68276.533.39$19,326
Dec 202205,59276.415.73$32,037
Nov 202205,62485.005.65$31,754
Oct 202205,74187.185.86$33,664
Sep 202205,49184.888.16$44,827
Aug 20221575,78094.529.13$67,595
Jul 202205,281101.587.54$39,830
Jun 202205,518115.097.98$44,018
May 202213,927109.378.43$33,226
Apr 20221583,657104.226.84$41,472
Mar 202204,796108.885.08$24,346
Feb 202204,69691.054.86$22,817
Jan 202205,20981.844.54$23,637
Dec 202105,50671.323.90$21,469
Nov 20211775,06977.435.24$40,251
Oct 202104,66279.795.71$26,638
Sep 20211794,07869.865.35$34,326
Aug 202102,73966.024.22$11,560
Jul 202112,85270.783.98$11,428
Jun 202102,65769.493.38$8,982
May 202104,76963.483.02$14,391
Apr 202105,01760.362.76$13,839
Mar 202105,46961.302.72$14,859
Feb 20211733,27557.805.55$28,169
Jan 202105,46450.412.81$15,355
Dec 202005,67044.642.68$15,170
Nov 202005,36938.772.71$14,532
Oct 20201735,05936.972.48$18,934
Sep 202005,05937.091.99$10,073
Aug 20201794,82239.982.39$18,657
Jul 202004,62038.371.83$8,432
Jun 202005,06334.901.69$8,558
May 202005,02616.921.81$9,121
Apr 202004,72014.751.80$8,517
Mar 20201825,37330.341.86$15,495
Feb 202005,05449.881.98$10,010
Jan 202005,03057.252.09$10,537
Dec 20191905,51559.012.30$23,920
Nov 201904,65355.302.75$12,799
Oct 201902,62453.472.42$6,346
Sep 20191844,18955.052.66$21,261
Aug 201903,91653.112.30$9,024
Jul 201904,09656.272.46$10,076
Jun 201901,66252.782.49$4,140
May 201903,31758.482.74$9,090
Apr 201904,87862.632.75$13,418
Mar 20191874,63056.803.06$24,799
Feb 201904,54150.852.79$12,679
Jan 201904,46246.033.23$14,404
Dec 201803,99546.594.19$16,721
Nov 201802,25052.934.24$9,534
Oct 2018030661.443.40$1,040
Sep 20181802,52459.543.11$18,562
Aug 201802,09759.403.07$6,431
Jul 201801,73165.142.93$5,075
Jun 201801,39660.183.08$4,295
May 201801,06465.382.90$3,086
Apr 201802,64063.842.90$7,658
Mar 201815658361.222.79$11,175
Feb 201802,12661.782.77$5,881
Jan 20181792,47362.874.01$21,169
Dec 201702,28957.272.92$6,687
Nov 201702,03155.423.12$6,333
Oct 201712,03949.292.98$6,133
Sep 201703,99447.523.09$12,331
Aug 201701,81645.373.00$5,456
Jul 20171651,81043.873.09$12,827
Jun 201701,83942.493.09$5,678
May 201751,66845.373.26$5,670
Apr 201702,15447.933.21$6,918
Mar 20171912,42346.772.98$16,163
Feb 201732,39850.452.95$7,232
Jan 201701,77249.413.42$6,058
Dec 201603,94948.763.72$14,701
Nov 201603,72342.492.64$9,845
Oct 20161803,53146.193.09$19,226
Sep 201613,28741.553.10$10,233
Aug 201603,38541.442.92$9,899
Jul 201603,71941.622.92$10,876
Jun 201612,51445.352.69$6,798
May 201603,70242.521.99$7,371
Apr 201613,52536.561.99$7,055
Mar 201604,06233.011.79$7,287
Feb 201603,33426.472.06$6,880
Jan 20161943,23327.352.36$12,950
Dec 201503,26932.362.00$6,543
Nov 201502,66738.792.17$5,780
Oct 201502,98943.552.43$7,253
Sep 201503,06642.992.76$8,457
Aug 201503,98640.162.87$11,450
Jul 201503,62648.152.95$10,679
Jun 201503,24456.152.88$9,352
May 201544,30155.212.96$12,932
Apr 201533,28449.822.71$9,038
Mar 201503,57042.892.93$10,477
Feb 201503,65144.662.98$10,866
Jan 20151644,02043.433.10$19,587
Dec 201433,98554.693.59$14,476
Nov 201403,57970.464.25$15,217
Oct 201413,99178.303.90$15,647
Sep 201433,77786.164.05$15,538
Aug 201424,13789.394.04$16,872
Jul 201454,05296.564.18$17,419
Jun 201414,37398.164.74$20,813
May 201404,46994.734.73$21,123
Apr 201464,73795.944.81$23,356
Mar 20141883,88595.895.06$37,673
Feb 201443,92797.406.19$24,706
Jan 201473,84090.404.86$19,298
Dec 201323,21991.824.35$14,201
Nov 201344,30488.853.74$16,445
Oct 201353,68297.423.78$14,403
Sep 201343,929104.113.72$15,023
Aug 201354,556104.253.52$16,570
Jul 20131503,846102.523.72$29,676
Jun 201394,55894.403.93$18,778
May 201395,28194.834.15$22,765
Apr 2013125,22793.964.28$23,513
Mar 201374,91493.623.91$19,883
Feb 201333,50191.233.42$12,247
Jan 20131833,62491.603.42$29,157
Dec 201203,15186.773.42$10,777
Nov 201224,58786.953.62$16,802
Oct 201215,43989.383.40$18,580
Sep 201205,45394.672.92$15,914
Aug 201204,93592.662.91$14,352
Jul 201224,84085.133.02$14,791
Jun 201205,18579.822.52$13,061
May 201205,70491.612.49$14,193
Apr 201275,297101.652.00$11,289
Mar 201274,733105.052.22$11,252
Feb 201224,954101.102.57$12,935
Jan 20121646,10598.092.73$32,778
Dec 201116,83096.873.24$22,224
Nov 201107,08795.723.31$23,467
Oct 201107,38084.983.65$26,926
Sep 201127,03383.623.99$28,199
Aug 201127,87583.404.15$32,843
Jul 201168,25094.144.52$37,832
Jun 201108,13492.904.64$37,741
May 201118,20498.134.40$36,235
Apr 201107,053105.964.33$30,563
Mar 201117,33996.364.06$29,873
Feb 2011064585.644.18$2,696
Jan 20114486.504.59$364
Dec 20100085.734.35$0
Nov 2010074980.843.80$2,843
Oct 2010056978.103.51$1,997
Sep 20101879,38372.633.98$50,921
Aug 201019111,32973.684.42$64,140
Jul 2010011,82572.554.74$56,009
Jun 201018812,73270.364.91$75,747
May 201007,24871.124.24$30,697
Apr 201018210,56281.694.12$58,411
Mar 201038313,26778.394.39$88,248
Feb 2010013,93473.585.44$75,834
Jan 201019818,07374.365.96$122,512
Dec 200921316,84271.445.48$107,574
Nov 2009013,21674.593.75$49,580
Oct 200919713,61672.544.11$70,256
Sep 200919713,55465.543.06$54,451
Aug 200919211,75867.423.22$50,788
Jul 200919115,56861.133.46$65,611
Jun 200919016,97366.163.90$78,680
May 200919816,99054.743.93$77,537
Apr 200941231,94846.773.59$133,883
Mar 200958938,03942.144.06$179,221
Feb 200994938,63132.814.63$210,114
Jan 200997244,42335.865.37$273,452
Dec 200897245,13137.105.98$305,816
Nov 2008013,29955.496.86$91,236
Oct 200809,79175.246.92$67,773
Sep 200801,602101.767.88$12,619
Aug 200800114.228.48$0

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                2,496 Mcf  × $  3.05 =     $7,602

────────────────────────────────────────────────────
Month total                                   $7,602

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/245013 is the state's own key, not one this site invented.