OXSHEER UNIT

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 248448District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Mar 2009 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
207
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 Gas112010-02-23197257
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
CondensateDisposition4,261 bbl$317,393
GasProduction1,530,399 Mcf$5,895,670
Total$6,213,063

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 31.9885, -94.0801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98849, -94.08014 · 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
9,614 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 9,614 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-365372844H9,614 ftMar 2009

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 (207)

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

207 months

May 20260867106.413.05$2,641
Apr 202601,34698.932.87$3,863
Mar 2026051989.753.15$1,635
Feb 202601,08463.503.75$4,065
Jan 2026072459.138.00$5,790
Dec 202501,45056.664.41$6,399
Nov 202501,41158.593.93$5,540
Oct 202501,28459.383.30$4,243
Sep 202501,27062.743.08$3,908
Aug 202501,18263.933.01$3,563
Jul 202501,38266.743.32$4,582
Jun 2025078066.483.13$2,440
May 202501,35060.553.23$4,364
Apr 202501,47962.363.54$5,240
Mar 2025022167.704.27$943
Feb 202501,26470.884.34$5,487
Jan 202502,07874.324.28$8,891
Dec 2024081168.993.12$2,531
Nov 202401,03069.052.20$2,264
Oct 202401,49371.372.28$3,406
Sep 20241561,51969.612.36$14,451
Aug 202401,48675.632.06$3,067
Jul 202401,59879.932.15$3,430
Jun 202401,18278.082.63$3,113
May 202402,52578.812.20$5,551
Apr 202401,95584.451.66$3,244
Mar 2024085780.301.55$1,324
Feb 20240076.091.78$0
Jan 202402,21273.023.30$7,294
Dec 2023094971.262.61$2,478
Nov 2023058177.892.81$1,631
Oct 2023076285.443.09$2,353
Sep 2023055089.042.74$1,504
Aug 202301,09780.522.67$2,932
Jul 202301,12474.852.64$2,969
Jun 2023071368.962.26$1,610
May 202301,19670.622.23$2,664
Apr 202301,29178.122.24$2,889
Mar 2023064672.852.39$1,546
Feb 2023073275.112.47$1,805
Jan 2023048176.533.39$1,629
Dec 2022090076.415.73$5,156
Nov 2022088185.005.65$4,974
Oct 20220087.185.86$0
Sep 2022093884.888.16$7,658
Aug 20220094.529.13$0
Jul 202201,151101.587.54$8,681
Jun 20220535115.097.98$4,268
May 202205,270109.378.43$44,442
Apr 202201,458104.226.84$9,969
Mar 20220669108.885.08$3,396
Feb 202201,27291.054.86$6,180
Jan 2022065281.844.54$2,959
Dec 2021068871.323.90$2,683
Nov 2021070377.435.24$3,682
Oct 2021067079.795.71$3,828
Sep 202101,25969.865.35$6,737
Aug 2021059266.024.22$2,499
Jul 2021046170.783.98$1,836
Jun 202101,31769.493.38$4,452
May 20210063.483.02$0
Apr 2021064060.362.76$1,765
Mar 2021055461.302.72$1,505
Feb 2021078057.805.55$4,327
Jan 2021045250.412.81$1,270
Dec 2020057644.642.68$1,541
Nov 2020063438.772.71$1,716
Oct 202001,09036.972.48$2,701
Sep 2020036537.091.99$727
Aug 20200039.982.39$0
Jul 2020048238.371.83$880
Jun 2020059334.901.69$1,002
May 2020046616.921.81$846
Apr 20200014.751.80$0
Mar 2020065330.341.86$1,212
Feb 2020015649.881.98$309
Jan 2020050057.252.09$1,047
Dec 2019062259.012.30$1,433
Nov 2019055355.302.75$1,521
Oct 2019064553.472.42$1,560
Sep 2019042655.052.66$1,132
Aug 2019057053.112.30$1,313
Jul 2019033656.272.46$827
Jun 2019054152.782.49$1,348
May 2019046158.482.74$1,263
Apr 2019088362.632.75$2,429
Mar 2019036456.803.06$1,115
Feb 2019068050.852.79$1,899
Jan 20190046.033.23$0
Dec 2018048646.594.19$2,034
Nov 20180052.934.24$0
Oct 2018038161.443.40$1,295
Sep 2018017059.543.11$528
Aug 201803759.403.07$113
Jul 2018026765.142.93$783
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201801,44963.842.90$4,203
Mar 201835,24061.222.79$14,787
Feb 201801,31661.782.77$3,640
Jan 2018043662.874.01$1,748
Dec 20170057.272.92$0
Nov 2017016355.423.12$508
Oct 201702049.292.98$60
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017070143.873.09$2,164
Jun 201712042.493.09$510
May 201702645.373.26$85
Apr 2017059047.933.21$1,895
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160142.492.64$3
Oct 2016025946.193.09$800
Sep 201603741.553.10$115
Aug 2016180341.442.92$2,390
Jul 2016044441.622.92$1,298
Jun 20160045.352.69$0
May 2016030542.521.99$607
Apr 2016011136.561.99$221
Mar 20160133.011.79$2
Feb 201619417026.472.06$5,486
Jan 201602,27527.352.36$5,379
Dec 201507,43232.362.00$14,874
Nov 201507,18338.792.17$15,568
Oct 201507,13143.552.43$17,304
Sep 201526,97742.992.76$19,331
Aug 201506,62840.162.87$19,039
Jul 201505,35248.152.95$15,762
Jun 201507,19456.152.88$20,739
May 201508,42955.212.96$24,911
Apr 201508,53249.822.71$23,092
Mar 201508,66142.892.93$25,418
Feb 201508,44344.662.98$25,128
Jan 201508,78843.433.10$27,248
Dec 2014239,58154.693.59$35,667
Nov 201466,09170.464.25$26,321
Oct 2014103,92978.303.90$16,110
Sep 2014503,75586.164.05$19,499
Aug 20142025,37389.394.04$39,737
Jul 2014145,76496.564.18$25,443
Jun 2014115,34998.164.74$26,417
May 201453,94794.734.73$19,129
Apr 201458,88795.944.81$43,218
Mar 201408,62995.895.06$43,635
Feb 201408,24297.406.19$51,034
Jan 201489,00390.404.86$44,484
Dec 201309,73691.824.35$42,395
Nov 201309,23788.853.74$34,530
Oct 20132310,40297.423.78$41,554
Sep 201388,657104.113.72$33,017
Aug 201308,800104.253.52$30,999
Jul 2013010,532102.523.72$39,155
Jun 2013010,22194.403.93$40,203
May 201318910,96794.834.15$63,426
Apr 2013010,80693.964.28$46,278
Mar 2013011,80993.623.91$46,207
Feb 2013010,09391.233.42$34,517
Jan 2013011,84191.603.42$40,495
Dec 201219712,28486.773.42$59,107
Nov 2012611,56786.953.62$42,452
Oct 2012012,17689.383.40$41,395
Sep 2012012,37494.672.92$36,112
Aug 2012512,91092.662.91$38,008
Jul 2012013,41885.133.02$40,533
Jun 2012013,22079.822.52$33,302
May 201219114,24891.612.49$52,951
Apr 2012027,843101.652.00$55,597
Mar 2012414,245105.052.22$32,074
Feb 2012014,389101.102.57$36,983
Jan 20121215,37998.092.73$43,225
Dec 2011315,67496.873.24$51,070
Nov 2011116,19595.723.31$53,722
Oct 2011215,83084.983.65$57,926
Sep 2011015,24083.623.99$60,744
Aug 2011016,33083.404.15$67,758
Jul 201119316,54194.144.52$92,889
Jun 2011017,26892.904.64$80,121
May 2011017,09698.134.40$75,305
Apr 2011016,747105.964.33$72,569
Mar 201118618,93696.364.06$94,753
Feb 2011017,36985.644.18$72,602
Jan 2011020,20586.504.59$92,716
Dec 201019721,18185.734.35$108,979
Nov 2010021,29080.843.80$80,803
Oct 2010021,59678.103.51$75,778
Sep 2010023,39572.633.98$93,100
Aug 2010024,68773.684.42$109,101
Jul 201019727,44672.554.74$144,290
Jun 2010029,15870.364.91$143,177
May 20101025,97871.124.24$110,734
Apr 2010029,13081.694.12$120,094
Mar 201019031,10478.394.39$151,399
Feb 201019129,97573.585.44$177,189
Jan 2010035,94474.365.96$214,373
Dec 200920039,08871.445.48$228,637
Nov 200919441,41174.593.75$169,824
Oct 2009046,29172.544.11$190,268
Sep 200920048,46765.543.06$161,647
Aug 200938055,78167.423.22$205,151
Jul 200919162,84261.133.46$229,392
Jun 200940178,05966.163.90$330,570
May 200918870,48454.743.93$286,994
Apr 200901,60046.773.59$5,740
Mar 20090042.144.06$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                  867 Mcf  × $  3.05 =     $2,641

────────────────────────────────────────────────────
Month total                                   $2,641

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/248448 is the state's own key, not one this site invented.