R & M FARMS UNIT

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

Gas lease lease 249810District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
May 2009 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
205
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112010-02-23197254
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
CondensateDisposition4,482 bbl$328,759
GasProduction1,249,731 Mcf$4,593,883
Total$4,922,642

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 31.9781, -94.0566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97811, -94.05663 · 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
9,933 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 9,933 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4193140549,933 ftMay 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 (205)

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

205 months

May 202603,194106.413.05$9,728
Apr 202602,71298.932.87$7,783
Mar 202603,39389.753.15$10,686
Feb 202602,30963.503.75$8,659
Jan 202603,25159.138.00$26,001
Dec 202502,12256.664.41$9,365
Nov 2025533,09058.593.93$15,238
Oct 202503,06959.383.30$10,143
Sep 202502,57762.743.08$7,929
Aug 202502,75563.933.01$8,306
Jul 202502,99166.743.32$9,916
Jun 202502,23366.483.13$6,986
May 20251681,95260.553.23$16,482
Apr 202501,86262.363.54$6,597
Mar 202501,74967.704.27$7,465
Feb 202501,52470.884.34$6,615
Jan 202501,84374.324.28$7,886
Dec 202401,87768.993.12$5,859
Nov 202401,53369.052.20$3,370
Oct 202402,75171.372.28$6,276
Sep 202403,49069.612.36$8,252
Aug 202402,30175.632.06$4,748
Jul 202402,17979.932.15$4,677
Jun 202402,06778.082.63$5,444
May 202402,28778.812.20$5,028
Apr 202401,48384.451.66$2,461
Mar 202402,37680.301.55$3,671
Feb 202401,39276.091.78$2,483
Jan 2024075173.023.30$2,477
Dec 202301,61571.262.61$4,216
Nov 202302,36677.892.81$6,643
Oct 20231402,68585.443.09$20,251
Sep 202302,30089.042.74$6,291
Aug 202302,37880.522.67$6,356
Jul 202303,04374.852.64$8,039
Jun 202303,05268.962.26$6,893
May 202302,68570.622.23$5,981
Apr 202303,11478.122.24$6,968
Mar 202303,12072.852.39$7,467
Feb 202302,53975.112.47$6,260
Jan 202302,89376.533.39$9,801
Dec 202202,37476.415.73$13,601
Nov 202202,71485.005.65$15,324
Oct 202203,10687.185.86$18,213
Sep 202202,16084.888.16$17,634
Aug 202202,94194.529.13$26,843
Jul 202203,485101.587.54$26,284
Jun 202203,307115.097.98$26,381
May 202203,392109.378.43$28,605
Apr 20221693,183104.226.84$39,377
Mar 202203,561108.885.08$18,077
Feb 202203,02591.054.86$14,698
Jan 202203,33581.844.54$15,133
Dec 202102,81171.323.90$10,960
Nov 202103,15777.435.24$16,533
Oct 202103,30079.795.71$18,856
Sep 202103,02669.865.35$16,192
Aug 202103,79466.024.22$16,013
Jul 202102,90370.783.98$11,560
Jun 202102,97769.493.38$10,064
May 202103,18363.483.02$9,605
Apr 202103,49760.362.76$9,646
Mar 202103,71061.302.72$10,080
Feb 202102,50357.805.55$13,887
Jan 202103,54150.412.81$9,951
Dec 202003,39644.642.68$9,086
Nov 202002,74238.772.71$7,421
Oct 202003,23636.972.48$8,020
Sep 20201673,17637.091.99$12,518
Aug 202003,34839.982.39$7,985
Jul 202003,45538.371.83$6,306
Jun 202003,07834.901.69$5,203
May 202002,79716.921.81$5,076
Apr 202002,90814.751.80$5,247
Mar 202003,02830.341.86$5,621
Feb 202003,22649.881.98$6,390
Jan 202003,38757.252.09$7,095
Dec 2019783,78559.012.30$13,325
Nov 201903,30955.302.75$9,102
Oct 201904,02453.472.42$9,732
Sep 201903,79755.052.66$10,090
Aug 201903,53853.112.30$8,153
Jul 201903,97656.272.46$9,781
Jun 201903,01552.782.49$7,511
May 201903,50458.482.74$9,602
Apr 201903,77062.632.75$10,370
Mar 201903,78956.803.06$11,602
Feb 201903,47050.852.79$9,689
Jan 201903,94946.033.23$12,748
Dec 201803,46346.594.19$14,494
Nov 201803,48252.934.24$14,754
Oct 201803,63961.443.40$12,366
Sep 20181803,64359.543.11$22,040
Aug 201803,65659.403.07$11,211
Jul 201803,91565.142.93$11,478
Jun 201803,68560.183.08$11,338
May 201803,80065.382.90$11,023
Apr 201803,39663.842.90$9,851
Mar 201803,67861.222.79$10,250
Feb 201803,59361.782.77$9,939
Jan 2018762,72862.874.01$15,716
Dec 201703,50657.272.92$10,243
Nov 201704,09455.423.12$12,767
Oct 201703,98149.292.98$11,878
Sep 201704,32747.523.09$13,359
Aug 201703,82145.373.00$11,480
Jul 201704,11543.873.09$12,704
Jun 201704,29642.493.09$13,263
May 201704,42545.373.26$14,441
Apr 201703,93147.933.21$12,625
Mar 20171744,09346.772.98$20,350
Feb 201703,92650.452.95$11,592
Jan 201704,42849.413.42$15,138
Dec 201604,97548.763.72$18,521
Nov 201604,87942.492.64$12,902
Oct 201604,85646.193.09$15,006
Sep 201604,49741.553.10$13,944
Aug 201604,61841.442.92$13,505
Jul 201603,93841.622.92$11,516
Jun 201604,35045.352.69$11,683
May 201604,59742.521.99$9,153
Apr 201604,55636.561.99$9,071
Mar 201604,74033.011.79$8,504
Feb 20161963,48126.472.06$12,372
Jan 201604,69927.352.36$11,110
Dec 201505,02032.362.00$10,047
Nov 201505,11938.792.17$11,095
Oct 201505,01843.552.43$12,177
Sep 201564,18442.992.76$11,799
Aug 201505,36840.162.87$15,420
Jul 201504,19548.152.95$12,355
Jun 201504,55356.152.88$13,126
May 201505,42655.212.96$16,036
Apr 20151905,40149.822.71$24,084
Mar 201504,87142.892.93$14,295
Feb 201505,21644.662.98$15,524
Jan 201505,51643.433.10$17,103
Dec 201405,47154.693.59$19,648
Nov 201405,30470.464.25$22,552
Oct 201405,19078.303.90$20,246
Sep 201405,12886.164.05$20,745
Aug 201405,00089.394.04$20,176
Jul 201405,30696.564.18$22,177
Jun 201405,20598.164.74$24,655
May 201405,64994.734.73$26,700
Apr 20142205,70795.944.81$48,552
Mar 201405,97495.895.06$30,209
Feb 201405,30297.406.19$32,830
Jan 2014244,85190.404.86$25,749
Dec 20131885,33091.824.35$40,472
Nov 201305,08788.853.74$19,017
Oct 201305,32497.423.78$20,121
Sep 2013304,410104.113.72$19,519
Aug 201306,015104.253.52$21,189
Jul 201306,162102.523.72$22,909
Jun 201305,89094.403.93$23,168
May 201306,20894.834.15$25,757
Apr 201316,15993.964.28$26,470
Mar 201306,90393.623.91$27,011
Feb 201306,01891.233.42$20,581
Jan 201306,33091.603.42$21,648
Dec 2012257,28286.773.42$27,075
Nov 2012297,27686.953.62$28,897
Oct 201207,75589.383.40$26,365
Sep 201207,54694.672.92$22,022
Aug 2012237,91192.662.91$25,138
Jul 20121858,31485.133.02$40,864
Jun 201218,06979.822.52$20,406
May 201208,92091.612.49$22,196
Apr 201208,628101.652.00$17,228
Mar 2012188,504105.052.22$20,787
Feb 201218,670101.102.57$22,385
Jan 2012609,86698.092.73$32,860
Dec 2011169,07196.873.24$30,938
Nov 20111819,49795.723.31$48,773
Oct 2011129,68684.983.65$36,360
Sep 201109,59383.623.99$38,236
Aug 201109,40683.404.15$39,029
Jul 2011010,32794.144.52$46,650
Jun 2011011,14192.904.64$51,693
May 201108,64898.134.40$38,093
Apr 201118710,475105.964.33$65,206
Mar 2011010,93896.364.06$44,379
Feb 2011010,47885.644.18$43,798
Jan 2011011,91186.504.59$54,657
Dec 201016811,96485.734.35$66,419
Nov 2010012,73280.843.80$48,322
Oct 2010013,74778.103.51$48,237
Sep 2010014,12472.633.98$56,206
Aug 201018614,61873.684.42$78,307
Jul 2010015,86172.554.74$75,125
Jun 2010015,42370.364.91$75,733
May 20105517,42671.124.24$77,715
Apr 201017514,97981.694.12$76,050
Mar 2010017,28178.394.39$75,841
Feb 2010013,80973.585.44$75,154
Jan 201017415,42774.365.96$104,947
Dec 20092118,86371.445.48$104,940
Nov 200917321,63974.593.75$94,083
Oct 200917625,14972.544.11$116,136
Sep 2009028,94165.543.06$88,697
Aug 200917630,05267.423.22$108,588
Jul 200917140,78561.133.46$151,753
Jun 200920947,05466.163.90$197,103
May 2009044,73754.743.93$175,626

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                3,194 Mcf  × $  3.05 =     $9,728

────────────────────────────────────────────────────
Month total                                   $9,728

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/249810 is the state's own key, not one this site invented.