PITTS A UNIT

Operated by CR2 ENERGY LLC (P-5 101608) 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 247501District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 Gas112009-06-12192391
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
CondensateDisposition3,476 bbl$231,757
GasProduction189,132 Mcf$910,227
Total$1,141,984

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 32.0522, -94.2463. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05218, -94.24627 · 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
9,535 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 9,535 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-36537215109,535 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 (211)

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

211 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 20220087.185.86$0
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 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20173047.933.21$144
Mar 2017416146.772.98$667
Feb 20171135650.452.95$1,606
Jan 20171146749.413.42$2,140
Dec 20161134448.763.72$1,817
Nov 20161012242.492.64$748
Oct 2016314846.193.09$596
Sep 2016327741.553.10$984
Aug 2016016241.442.92$474
Jul 201604941.622.92$143
Jun 201611845.352.69$94
May 2016012742.521.99$253
Apr 201612836.561.99$92
Mar 2016014833.011.79$266
Feb 2016192426.472.06$1,933
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20152342.892.93$95
Feb 201529544.662.98$372
Jan 2015211543.433.10$443
Dec 2014215654.693.59$670
Nov 2014318770.464.25$1,006
Oct 2014311278.303.90$672
Sep 201429286.164.05$545
Aug 2014211589.394.04$643
Jul 2014213196.564.18$741
Jun 2014316498.164.74$1,071
May 2014326594.734.73$1,537
Apr 2014213395.944.81$831
Mar 2014216295.895.06$1,011
Feb 2014215797.406.19$1,167
Jan 2014316290.404.86$1,059
Dec 2013217991.824.35$963
Nov 2013219888.853.74$918
Oct 2013017197.423.78$646
Sep 20130196104.113.72$729
Aug 20130185104.253.52$652
Jul 20130306102.523.72$1,138
Jun 2013021594.403.93$846
May 2013020294.834.15$838
Apr 2013020093.964.28$857
Mar 2013024393.623.91$951
Feb 2013015491.233.42$527
Jan 2013019091.603.42$650
Dec 2012019186.773.42$653
Nov 2012520886.953.62$1,189
Oct 20122028789.383.40$2,763
Sep 20121913394.672.92$2,187
Aug 20121913992.662.91$2,165
Jul 20121612285.133.02$1,731
Jun 20121915179.822.52$1,897
May 20121219191.612.49$1,575
Apr 20124946101.652.00$2,296
Mar 2012090105.052.22$200
Feb 2012075101.102.57$193
Jan 201204298.092.73$115
Dec 201102296.873.24$71
Nov 201103895.723.31$126
Oct 2011016584.983.65$602
Sep 201101,50083.623.99$5,979
Aug 2011081183.404.15$3,365
Jul 2011026094.144.52$1,174
Jun 201106992.904.64$320
May 2011011198.134.40$489
Apr 20110183105.964.33$793
Mar 2011010796.364.06$434
Feb 2011025685.644.18$1,070
Jan 201107986.504.59$363
Dec 20104612385.734.35$4,478
Nov 20107671080.843.80$8,839
Oct 20101544,59078.103.51$28,133
Sep 20101376,15572.633.98$34,444
Aug 20101476,09073.684.42$37,745
Jul 2010974,89272.554.74$30,208
Jun 20106376870.364.91$8,204
May 20101083,06771.124.24$20,670
Apr 20101122,83481.694.12$20,833
Mar 20101643,73678.394.39$29,252
Feb 20102333,67873.585.44$37,161
Jan 20102144,11074.365.96$40,425
Dec 20091375,55971.445.48$40,271
Nov 20091883,88174.593.75$28,582
Oct 20092185,51572.544.11$38,482
Sep 20092017,18665.543.06$35,197
Aug 2009152,95967.423.22$10,535
Jul 2009395,67561.133.46$22,045
Jun 20091645,45266.163.90$32,086
May 2009517,37054.743.93$31,725
Apr 2009727,66846.773.59$30,876
Mar 20091139,69442.144.06$44,110
Feb 200910310,43232.814.63$51,711
Jan 200914214,24235.865.37$81,586
Dec 200815519,78637.105.98$124,014
Nov 200811528,96555.496.86$205,092

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.

Apr 2017 — as filed, then multipliedworked
Condensate             3 bbl  × $ 47.93 =       $144
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                     $144

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/247501 is the state's own key, not one this site invented.