RIO

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 255122District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jan 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 Gas112011-05-11202276
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
CondensateDisposition3,649 bbl$293,370
GasProduction320,188 Mcf$1,331,710
Total$1,625,080

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 32.0383, -94.7170. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03827, -94.71703 · 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
11,540 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 11,540 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-40135039411,540 ftJan 2010

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 (197)

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

197 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 201785042.493.09$3,612
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201606946.193.09$213
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016021326.472.06$440
Jan 2016027327.352.36$645
Dec 2015030132.362.00$602
Nov 2015029138.792.17$631
Oct 2015032643.552.43$791
Sep 2015017242.992.76$474
Aug 201515816240.162.87$6,811
Jul 2015024148.152.95$710
Jun 2015018656.152.88$536
May 2015022555.212.96$665
Apr 2015020349.822.71$549
Mar 2015021242.892.93$622
Feb 2015032544.662.98$967
Jan 2015039043.433.10$1,209
Dec 2014039054.693.59$1,401
Nov 201401,32370.464.25$5,625
Oct 2014046778.303.90$1,822
Sep 2014045986.164.05$1,857
Aug 2014047889.394.04$1,929
Jul 2014046296.564.18$1,931
Jun 2014037398.164.74$1,767
May 2014048394.734.73$2,283
Apr 2014054495.944.81$2,616
Mar 2014044295.895.06$2,235
Feb 2014047297.406.19$2,923
Jan 201416549190.404.86$17,303
Dec 2013045191.824.35$1,964
Nov 2013056788.853.74$2,120
Oct 2013058897.423.78$2,222
Sep 20130574104.113.72$2,134
Aug 20130646104.253.52$2,276
Jul 20130558102.523.72$2,075
Jun 2013071894.403.93$2,824
May 2013083194.834.15$3,448
Apr 2013090693.964.28$3,880
Mar 2013084593.623.91$3,306
Feb 2013152391.233.42$1,880
Jan 2013067891.603.42$2,319
Dec 201201,14586.773.42$3,916
Nov 201211,65486.953.62$6,083
Oct 20121791,86789.383.40$22,346
Sep 201201,60394.672.92$4,678
Aug 201203,36892.662.91$9,795
Jul 201222,66985.133.02$8,233
Jun 201202,82279.822.52$7,109
May 201203,85391.612.49$9,588
Apr 20121943,385101.652.00$26,479
Mar 2012103,731105.052.22$9,341
Feb 201243,554101.102.57$9,539
Jan 201204,29498.092.73$11,740
Dec 20111955,52896.873.24$36,799
Nov 201106,10695.723.31$20,219
Oct 201105,68684.983.65$20,746
Sep 20111985,76783.623.99$39,543
Aug 201146,36583.404.15$26,744
Jul 2011117,01594.144.52$32,724
Jun 20111767,36492.904.64$50,518
May 201116,85898.134.40$30,306
Apr 201117,200105.964.33$31,306
Mar 20111877,66896.364.06$49,131
Feb 201106,19985.644.18$25,912
Jan 20112027,92686.504.59$53,844
Dec 2010210,16585.734.35$44,366
Nov 2010010,23280.843.80$38,834
Oct 201017211,09078.103.51$52,347
Sep 201019112,01072.633.98$61,666
Aug 201019014,04773.684.42$76,078
Jul 201019716,75272.554.74$93,638
Jun 201019318,03870.364.91$102,153
May 201019220,70971.124.24$101,362
Apr 201038120,56681.694.12$115,911
Mar 201035727,85978.394.39$150,249
Feb 2010027,23573.585.44$148,223
Jan 20100074.365.96$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.

Jun 2017 — as filed, then multipliedworked
Condensate            85 bbl  × $ 42.49 =     $3,612
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,612

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/255122 is the state's own key, not one this site invented.