WALLACE UNIT

Operated by APEX NATURAL GAS, LLC (P-5 103154) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262394District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$12.2 M
Jun 2011 – May 2026
Value, last 12 filed months
$138 k
at the published price for each month
Months reported
180
no gaps in the span
Streams
1
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 2013-01-29.

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 Gas112012-03-19205421
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
GasProduction3,509,540 Mcf$12,174,640
Total$12,174,640

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 31.5063, -94.4945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50633, -94.49453 · 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
13,884 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 13,884 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-347332292H13,884 ftNov 2011

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 (180)

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

180 months

May 20263,481106.413.05$10,603
Apr 20261,96898.932.87$5,648
Mar 20262,47289.753.15$7,785
Feb 20262,66363.503.75$9,987
Jan 20262,97059.138.00$23,754
Dec 20253,57556.664.41$15,778
Nov 20253,18758.593.93$12,514
Oct 20253,37859.383.30$11,164
Sep 20253,52262.743.08$10,837
Aug 20253,44563.933.01$10,386
Jul 20253,52066.743.32$11,670
Jun 20252,37366.483.13$7,424
May 20253,44560.553.23$11,135
Apr 20253,24162.363.54$11,483
Mar 20253,34067.704.27$14,256
Feb 20252,77670.884.34$12,050
Jan 20253,22874.324.28$13,812
Dec 20243,38868.993.12$10,575
Nov 20243,70869.052.20$8,152
Oct 20243,91671.372.28$8,934
Sep 20243,60569.612.36$8,524
Aug 20243,57775.632.06$7,382
Jul 20243,59179.932.15$7,708
Jun 20244,68678.082.63$12,343
May 20243,76078.812.20$8,266
Apr 20243,84584.451.66$6,380
Mar 20244,37480.301.55$6,758
Feb 20243,68676.091.78$6,575
Jan 20244,26973.023.30$14,078
Dec 20234,74271.262.61$12,380
Nov 20234,15177.892.81$11,654
Oct 20235,16185.443.09$15,933
Sep 20234,86189.042.74$13,295
Aug 20234,20780.522.67$11,245
Jul 20233,98974.852.64$10,538
Jun 20233,67368.962.26$8,295
May 20233,35470.622.23$7,471
Apr 20233,69178.122.24$8,260
Mar 20233,73672.852.39$8,941
Feb 20233,20875.112.47$7,910
Jan 20234,69276.533.39$15,895
Dec 20224,07776.415.73$23,357
Nov 20224,31885.005.65$24,380
Oct 20224,53187.185.86$26,569
Sep 20224,36084.888.16$35,594
Aug 20224,16494.529.13$38,005
Jul 20224,872101.587.54$36,745
Jun 20224,740115.097.98$37,812
May 20224,963109.378.43$41,853
Apr 20224,949104.226.84$33,839
Mar 20225,300108.885.08$26,905
Feb 20224,98791.054.86$24,231
Jan 20225,10981.844.54$23,183
Dec 20215,25471.323.90$20,486
Nov 20215,31577.435.24$27,834
Oct 20215,48879.795.71$31,358
Sep 20215,70869.865.35$30,543
Aug 20213,02766.024.22$12,776
Jul 20214,49770.783.98$17,907
Jun 20214,77469.493.38$16,139
May 20214,39163.483.02$13,251
Apr 20214,45060.362.76$12,275
Mar 20213,98261.302.72$10,819
Feb 20214,82257.805.55$26,752
Jan 20215,13050.412.81$14,417
Dec 20205,77944.642.68$15,461
Nov 20205,80538.772.71$15,712
Oct 20206,12436.972.48$15,178
Sep 20205,39137.091.99$10,734
Aug 20206,14439.982.39$14,654
Jul 20205,63638.371.83$10,286
Jun 20205,95934.901.69$10,073
May 20206,33216.921.81$11,491
Apr 20205,90714.751.80$10,658
Mar 20206,51630.341.86$12,095
Feb 20205,64649.881.98$11,183
Jan 20206,63457.252.09$13,897
Dec 20197,02759.012.30$16,193
Nov 20196,93455.302.75$19,073
Oct 20197,24353.472.42$17,517
Sep 20197,14255.052.66$18,978
Aug 20197,26953.112.30$16,750
Jul 20196,57356.272.46$16,170
Jun 20196,95452.782.49$17,324
May 20197,47158.482.74$20,473
Apr 20197,57062.632.75$20,823
Mar 20198,13756.803.06$24,916
Feb 20196,27050.852.79$17,507
Jan 20197,91946.033.23$25,564
Dec 20188,26346.594.19$34,584
Nov 20188,56152.934.24$36,275
Oct 20188,08761.443.40$27,480
Sep 20188,62259.543.11$26,797
Aug 20187,67959.403.07$23,548
Jul 20187,80365.142.93$22,877
Jun 20188,71160.183.08$26,803
May 20189,41965.382.90$27,323
Apr 20189,53463.842.90$27,656
Mar 20188,61961.222.79$24,020
Feb 20188,68261.782.77$24,015
Jan 201810,33762.874.01$41,444
Dec 201710,28057.272.92$30,033
Nov 201710,47055.423.12$32,649
Oct 201712,00949.292.98$35,831
Sep 201713,01647.523.09$40,184
Aug 20178,46545.373.00$25,432
Jul 20178,18243.873.09$25,260
Jun 20179,64742.493.09$29,783
May 20179,65545.373.26$31,508
Apr 201710,26747.933.21$32,974
Mar 201710,70146.772.98$31,928
Feb 201710,22350.452.95$30,184
Jan 201711,98849.413.42$40,985
Dec 201610,80348.763.72$40,218
Nov 201610,53542.492.64$27,858
Oct 20168,92446.193.09$27,577
Sep 201610,51741.553.10$32,609
Aug 201610,92141.442.92$31,937
Jul 201611,44641.622.92$33,472
Jun 201610,53145.352.69$28,284
May 201611,45242.521.99$22,801
Apr 201610,89336.561.99$21,688
Mar 201611,64633.011.79$20,893
Feb 201611,16026.472.06$23,030
Jan 201612,65327.352.36$29,916
Dec 201512,94832.362.00$25,914
Nov 201512,33038.792.17$26,723
Oct 201513,04243.552.43$31,647
Sep 201513,19042.992.76$36,384
Aug 201513,82640.162.87$39,715
Jul 201513,89148.152.95$40,910
Jun 201513,82656.152.88$39,858
May 201515,59155.212.96$46,078
Apr 201515,82949.822.71$42,842
Mar 201516,90642.892.93$49,614
Feb 201515,75444.662.98$46,887
Jan 201518,52343.433.10$57,433
Dec 201417,72054.693.59$63,639
Nov 201416,52470.464.25$70,257
Oct 201417,95578.303.90$70,042
Sep 201416,92886.164.05$68,481
Aug 201419,33189.394.04$78,003
Jul 201419,55096.564.18$81,711
Jun 201419,65498.164.74$93,099
May 201420,36794.734.73$96,266
Apr 201420,10695.944.81$96,692
Mar 201422,85495.895.06$115,568
Feb 201419,64797.406.19$121,654
Jan 201423,43990.404.86$113,930
Dec 201324,42191.824.35$106,341
Nov 201325,08388.853.74$93,767
Oct 201324,11597.423.78$91,139
Sep 201324,445104.113.72$90,880
Aug 201325,746104.253.52$90,693
Jul 201328,579102.523.72$106,249
Jun 201329,52594.403.93$116,134
May 201331,82094.834.15$132,024
Apr 201334,21893.964.28$146,542
Mar 201336,67193.623.91$143,489
Feb 201333,87791.233.42$115,856
Jan 201338,45191.603.42$131,499
Dec 201241,29486.773.42$141,232
Nov 201242,08586.953.62$152,556
Oct 201245,70589.383.40$155,382
Sep 201250,19794.672.92$146,495
Aug 201257,76092.662.91$167,975
Jul 201261,39385.133.02$185,456
Jun 201264,90879.822.52$163,506
May 201273,75691.612.49$183,529
Apr 201282,440101.652.00$164,616
Mar 201293,887105.052.22$208,624
Feb 201295,319101.102.57$244,993
Jan 2012113,76098.092.73$311,029
Dec 2011124,84296.873.24$404,456
Nov 2011130,01195.723.31$430,503
Oct 2011160,81184.983.65$586,725
Sep 2011178,25883.623.99$710,501
Aug 2011205,24583.404.15$851,627
Jul 2011240,66994.144.52$1,087,160
Jun 201199,77392.904.64$462,935

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
Gas                3,481 Mcf  × $  3.05 =    $10,603

────────────────────────────────────────────────────
Month total                                  $10,603

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/262394 is the state's own key, not one this site invented.