STEPHENS GU

Operated by EAGLE OIL & GAS CO. (P-5 238634) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248285District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Dec 2008 – May 2026
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
210
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 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 2014-03-25.

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 Gas112009-07-10191540
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
CondensateDisposition2,466 bbl$185,675
GasProduction2,620,017 Mcf$9,760,976
Total$9,946,651

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 32.1609, -95.1741. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16093, -95.17412 · 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
12,048 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 12,048 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-423322462H12,048 ftDec 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 (210)

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

210 months

May 202605,043106.413.05$15,360
Apr 202604,94498.932.87$14,188
Mar 202605,06989.753.15$15,965
Feb 202604,31863.503.75$16,194
Jan 202605,21859.138.00$41,733
Dec 202504,97756.664.41$21,965
Nov 202505,16858.593.93$20,292
Oct 202505,63759.383.30$18,629
Sep 202505,52862.743.08$17,009
Aug 202505,89163.933.01$17,760
Jul 202506,31266.743.32$20,926
Jun 202506,33466.483.13$19,817
May 202506,97460.553.23$22,542
Apr 202506,96662.363.54$24,681
Mar 202506,86067.704.27$29,281
Feb 202503,69570.884.34$16,039
Jan 202503,76674.324.28$16,114
Dec 202404,99468.993.12$15,588
Nov 202404,16169.052.20$9,148
Oct 202405,61571.372.28$12,810
Sep 202404,89769.612.36$11,578
Aug 202405,95775.632.06$12,293
Jul 202405,46979.932.15$11,740
Jun 202405,98778.082.63$15,770
May 20241826,45178.812.20$28,526
Apr 202403,66684.451.66$6,083
Mar 202405,49980.301.55$8,497
Feb 202405,57176.091.78$9,937
Jan 202405,74073.023.30$18,929
Dec 202307,18871.262.61$18,766
Nov 202307,09377.892.81$19,914
Oct 202306,93585.443.09$21,410
Sep 202306,30389.042.74$17,239
Aug 202306,34580.522.67$16,959
Jul 202306,75674.852.64$17,848
Jun 202306,66868.962.26$15,060
May 202307,12970.622.23$15,879
Apr 202306,57178.122.24$14,704
Mar 202306,62672.852.39$15,857
Feb 202305,06275.112.47$12,481
Jan 202306,55376.533.39$22,200
Dec 202208,30076.415.73$47,551
Nov 202206,21385.005.65$35,080
Oct 202207,08887.185.86$41,562
Sep 202207,14484.888.16$58,321
Aug 202208,00794.529.13$73,081
Jul 202206,702101.587.54$50,547
Jun 202205,205115.097.98$41,521
May 202205,001109.378.43$42,174
Apr 202204,846104.226.84$33,135
Mar 202204,978108.885.08$25,270
Feb 202204,39391.054.86$21,345
Jan 202205,04581.844.54$22,893
Dec 202107,15471.323.90$27,894
Nov 202107,25777.435.24$38,004
Oct 202102,67479.795.71$15,279
Sep 202106,41169.865.35$34,305
Aug 202104,50566.024.22$19,014
Jul 202105,86070.783.98$23,335
Jun 202106,07169.493.38$20,524
May 202107,01563.483.02$21,169
Apr 202104,97260.362.76$13,715
Mar 202101261.302.72$33
Feb 202102,71557.805.55$15,063
Jan 202101,97750.412.81$5,556
Dec 202005,93344.642.68$15,874
Nov 202006,99438.772.71$18,930
Oct 202007,91936.972.48$19,627
Sep 202007,57237.091.99$15,076
Aug 202006,59339.982.39$15,725
Jul 202007,58138.371.83$13,836
Jun 202007,49534.901.69$12,669
May 202008,09216.921.81$14,685
Apr 202008,22114.751.80$14,834
Mar 202009,13030.341.86$16,947
Feb 202007,60049.881.98$15,053
Jan 2020629,50857.252.09$23,466
Dec 2019010,51859.012.30$24,237
Nov 2019010,38155.302.75$28,555
Oct 2019011,54553.472.42$27,922
Sep 2019011,87055.052.66$31,542
Aug 201905,69253.112.30$13,116
Jul 201902,65556.272.46$6,531
Jun 201903,95552.782.49$9,853
May 201904,63358.482.74$12,696
Apr 201905,23962.632.75$14,411
Mar 20191423,64656.803.06$19,230
Feb 201904,87550.852.79$13,612
Jan 201905,28246.033.23$17,051
Dec 201804,30946.594.19$18,035
Nov 201805,25752.934.24$22,275
Oct 201807,34061.443.40$24,942
Sep 201805,36259.543.11$16,665
Aug 201806,48159.403.07$19,874
Jul 201807,00365.142.93$20,532
Jun 2018011,24260.183.08$34,591
May 2018011,96565.382.90$34,708
Apr 2018011,99963.842.90$34,807
Mar 2018011,31261.222.79$31,525
Feb 201808,19861.782.77$22,677
Jan 2018010,10862.874.01$40,526
Dec 2017011,60357.272.92$33,898
Nov 2017013,78855.423.12$42,996
Oct 2017016,83449.292.98$50,227
Sep 2017019,48047.523.09$60,140
Aug 2017020,41845.373.00$61,344
Jul 2017013,42143.873.09$41,434
Jun 2017019,91542.493.09$61,483
May 2017024,13345.373.26$78,756
Apr 2017021,86147.933.21$70,209
Mar 201717324,37746.772.98$80,824
Feb 2017025,34150.452.95$74,822
Jan 2017017,80449.413.42$60,868
Dec 201609,64648.763.72$35,910
Nov 201602,94842.492.64$7,796
Oct 201603,17546.193.09$9,812
Sep 201603,02141.553.10$9,367
Aug 201603,38841.442.92$9,908
Jul 201603,92241.622.92$11,469
Jun 201603,37945.352.69$9,075
May 201604,66742.521.99$9,292
Apr 201603,83936.561.99$7,644
Mar 201603,78533.011.79$6,790
Feb 201604,07526.472.06$8,409
Jan 201607,11127.352.36$16,813
Dec 201503,78432.362.00$7,573
Nov 201503,03238.792.17$6,571
Oct 201503,78943.552.43$9,194
Sep 201503,67842.992.76$10,145
Aug 201504,08340.162.87$11,728
Jul 201503,79248.152.95$11,168
Jun 20151833,72456.152.88$21,011
May 201504,49255.212.96$13,276
Apr 201505,33049.822.71$14,426
Mar 201506,93342.892.93$20,346
Feb 201503,79444.662.98$11,292
Jan 201504,76143.433.10$14,762
Dec 201407,09554.693.59$25,481
Nov 201403,44770.464.25$14,656
Oct 201404,91978.303.90$19,189
Sep 201405,72786.164.05$23,168
Aug 201405,96789.394.04$24,078
Jul 201408,28996.564.18$34,645
Jun 201406,23698.164.74$29,539
May 201407,96194.734.73$37,628
Apr 201405,60995.944.81$26,974
Mar 201407,31595.895.06$36,990
Feb 201408,39797.406.19$51,994
Jan 2014014,58390.404.86$70,884
Dec 201306,95391.824.35$30,277
Nov 201309,67688.853.74$36,172
Oct 201307,59097.423.78$28,685
Sep 2013014,499104.113.72$53,904
Aug 2013013,455104.253.52$47,397
Jul 201316016,892102.523.72$79,203
Jun 2013017,92694.403.93$70,510
May 2013019,99594.834.15$82,961
Apr 2013019,42793.964.28$83,198
Mar 2013020,67693.623.91$80,903
Feb 2013018,61791.233.42$63,668
Jan 2013022,26691.603.42$76,148
Dec 2012023,26486.773.42$79,567
Nov 2012012,67286.953.62$45,935
Oct 201219314,52489.383.40$66,627
Sep 2012021,46794.672.92$62,649
Aug 2012029,85292.662.91$86,814
Jul 2012026,47985.133.02$79,988
Jun 201218815,44079.822.52$53,900
May 2012016,01491.612.49$39,848
Apr 2012016,126101.652.00$32,200
Mar 2012017,495105.052.22$38,875
Feb 2012017,924101.102.57$46,069
Jan 2012018,73298.092.73$51,215
Dec 2011016,18096.873.24$52,419
Nov 2011016,49195.723.31$54,606
Oct 2011017,04784.983.65$62,197
Sep 2011015,51683.623.99$61,844
Aug 2011016,51483.404.15$68,522
Jul 2011018,33094.144.52$82,801
Jun 2011018,63492.904.64$86,460
May 201119419,38998.134.40$104,442
Apr 2011020,136105.964.33$87,255
Mar 2011021,59396.364.06$87,610
Feb 2011017,80085.644.18$74,404
Jan 2011020,41886.504.59$93,694
Dec 201019223,35985.734.35$118,019
Nov 2010021,14780.843.80$80,260
Oct 2010021,31878.103.51$74,803
Sep 2010021,13172.633.98$84,090
Aug 201019923,13373.684.42$116,895
Jul 2010025,41272.554.74$120,364
Jun 2010026,66470.364.91$130,931
May 2010028,47571.124.24$120,598
Apr 2010030,14281.694.12$124,266
Mar 2010029,45278.394.39$129,255
Feb 201019125,26973.585.44$151,577
Jan 201018929,58574.365.96$190,502
Dec 2009031,08071.445.48$170,435
Nov 2009032,38774.593.75$121,500
Oct 2009035,66572.544.11$146,592
Sep 2009037,77565.543.06$115,771
Aug 2009042,12867.423.22$135,589
Jul 2009040,69761.133.46$140,995
Jun 200921849,93366.163.90$208,912
May 2009057,92654.743.93$227,403
Apr 2009061,18846.773.59$219,512
Mar 2009068,97442.144.06$279,965
Feb 2009080,62932.814.63$373,554
Jan 2009082,88535.865.37$445,175
Dec 20080037.105.98$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                5,043 Mcf  × $  3.05 =    $15,360

────────────────────────────────────────────────────
Month total                                  $15,360

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/248285 is the state's own key, not one this site invented.