SOUTH NAQUIN GU

Operated by EQV OPERATING LLC (P-5 101634) 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 263347District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Jan 2012 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
173
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 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 Gas112012-07-10206506
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
CondensateDisposition6,088 bbl$514,093
GasProduction1,622,375 Mcf$5,297,703
Total$5,811,796

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 31.9484, -94.1376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94844, -94.13760 · 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
10,365 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 10,365 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-419316791H10,365 ftJan 2012

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 (173)

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

173 months

May 202602,378106.413.05$7,243
Apr 202602,10498.932.87$6,038
Mar 202601,38189.753.15$4,349
Feb 20267063.503.75$445
Jan 202602,15359.138.00$17,220
Dec 202502,65656.664.41$11,722
Nov 202503,23658.593.93$12,706
Oct 202502,77559.383.30$9,171
Sep 2025112,95162.743.08$9,770
Aug 202502,83463.933.01$8,544
Jul 202502,93366.743.32$9,723
Jun 202503,08766.483.13$9,658
May 2025153,09960.553.23$10,925
Apr 202502,37762.363.54$8,422
Mar 202502,54367.704.27$10,854
Feb 202502,32770.884.34$10,101
Jan 202502,26874.324.28$9,704
Dec 202403,15668.993.12$9,851
Nov 202402,50469.052.20$5,505
Oct 202402,74071.372.28$6,251
Sep 2024123,06669.612.36$8,084
Aug 202402,78675.632.06$5,749
Jul 202403,26879.932.15$7,015
Jun 202402,65178.082.63$6,983
May 202402,97878.812.20$6,547
Apr 202402,70484.451.66$4,486
Mar 202403,40680.301.55$5,263
Feb 2024373,06676.091.78$8,284
Jan 202402,79073.023.30$9,200
Dec 202303,47671.262.61$9,075
Nov 202303,38477.892.81$9,501
Oct 202303,75585.443.09$11,593
Sep 202303,50489.042.74$9,584
Aug 2023373,66280.522.67$12,767
Jul 202303,56174.852.64$9,407
Jun 2023413,57168.962.26$10,892
May 202303,64970.622.23$8,128
Apr 202303,60578.122.24$8,067
Mar 202303,80772.852.39$9,111
Feb 202303,53875.112.47$8,724
Jan 202304,00276.533.39$13,558
Dec 202203,92876.415.73$22,504
Nov 202203,71285.005.65$20,959
Oct 202203,85787.185.86$22,617
Sep 2022423,74584.888.16$34,138
Aug 202204,00394.529.13$36,536
Jul 202204,055101.587.54$30,583
Jun 202204,069115.097.98$32,459
May 202203,947109.378.43$33,285
Apr 202203,808104.226.84$26,038
Mar 202203,953108.885.08$20,067
Feb 202203,34491.054.86$16,248
Jan 202204,09281.844.54$18,568
Dec 202103,44971.323.90$13,448
Nov 202153,40877.435.24$18,234
Oct 202103,82179.795.71$21,833
Sep 2021133,47469.865.35$19,497
Aug 202104,16566.024.22$17,579
Jul 202103,07770.783.98$12,253
Jun 202103,49569.493.38$11,815
May 202113,65363.483.02$11,087
Apr 202104,71560.362.76$13,006
Mar 202104,15761.302.72$11,294
Feb 202104,21357.805.55$23,374
Jan 202104,66050.412.81$13,096
Dec 202005,15344.642.68$13,787
Nov 202025,82338.772.71$15,838
Oct 202003,13336.972.48$7,765
Sep 202014,73737.091.99$9,469
Aug 202004,92939.982.39$11,756
Jul 202004,97938.371.83$9,087
Jun 202004,88834.901.69$8,262
May 202005,23816.921.81$9,506
Apr 202075,08814.751.80$9,284
Mar 202004,87130.341.86$9,042
Feb 2020105,09249.881.98$10,584
Jan 2020145,48057.252.09$12,281
Dec 201905,65459.012.30$13,029
Nov 201905,64355.302.75$15,522
Oct 201905,75553.472.42$13,919
Sep 201905,66255.052.66$15,046
Aug 2019185,91253.112.30$14,579
Jul 201905,79756.272.46$14,261
Jun 2019185,50752.782.49$14,669
May 201905,92358.482.74$16,231
Apr 201905,78562.632.75$15,913
Mar 2019216,14056.803.06$19,994
Feb 201905,55550.852.79$15,511
Jan 2019336,06346.033.23$21,091
Dec 201806,22246.594.19$26,042
Nov 201805,97952.934.24$25,334
Oct 2018356,25961.443.40$23,419
Sep 2018375,97159.543.11$20,761
Aug 201806,35359.403.07$19,482
Jul 201806,42265.142.93$18,829
Jun 201806,10960.183.08$18,797
May 201806,54165.382.90$18,974
Apr 201806,45463.842.90$18,722
Mar 2018546,67461.222.79$21,905
Feb 20181866,39961.782.77$29,191
Jan 201806,96062.874.01$27,905
Dec 201707,25157.272.92$21,184
Nov 201707,12255.423.12$22,209
Oct 201707,48449.292.98$22,330
Sep 201707,25647.523.09$22,401
Aug 201707,53845.373.00$22,647
Jul 201707,52443.873.09$23,229
Jun 2017917,70142.493.09$27,642
May 2017898,27845.373.26$31,052
Apr 201707,70747.933.21$24,752
Mar 201708,19246.772.98$24,442
Feb 201707,60750.452.95$22,460
Jan 201708,75849.413.42$29,942
Dec 201608,34148.763.72$31,052
Nov 201608,75442.492.64$23,149
Oct 20161789,14746.193.09$36,488
Sep 201608,32441.553.10$25,810
Aug 2016139,03741.442.92$26,966
Jul 201609,54341.622.92$27,907
Jun 201609,07645.352.69$24,377
May 2016010,12342.521.99$20,155
Apr 2016010,32336.561.99$20,554
Mar 201607,27233.011.79$13,046
Feb 2016167,98526.472.06$16,902
Jan 2016010,26527.352.36$24,270
Dec 2015010,86932.362.00$21,753
Nov 2015010,98338.792.17$23,804
Oct 201519011,29043.552.43$35,671
Sep 2015111,33342.992.76$31,304
Aug 2015012,01440.162.87$34,510
Jul 2015011,63348.152.95$34,260
Jun 2015011,97856.152.88$34,531
May 2015012,58255.212.96$37,185
Apr 2015012,95549.822.71$35,064
Mar 2015012,85142.892.93$37,714
Feb 2015011,56744.662.98$34,426
Jan 2015013,50243.433.10$41,865
Dec 201427413,91854.693.59$64,970
Nov 20143413,50270.464.25$59,804
Oct 20144112,98178.303.90$53,849
Sep 20142414,20686.164.05$59,537
Aug 20145513,67289.394.04$60,085
Jul 20143514,17596.564.18$62,625
Jun 201422014,21598.164.74$88,930
May 20145314,71294.734.73$74,558
Apr 20145314,33295.944.81$74,009
Mar 20146215,74195.895.06$85,544
Feb 20144014,31897.406.19$92,553
Jan 20147516,65690.404.86$87,740
Dec 201327217,38691.824.35$100,682
Nov 20136517,71288.853.74$71,988
Oct 201311017,64297.423.78$77,392
Sep 20138518,105104.113.72$76,159
Aug 20134319,040104.253.52$71,553
Jul 201327420,624102.523.72$104,765
Jun 20135219,91594.403.93$83,243
May 201327622,49494.834.15$119,502
Apr 20138322,86893.964.28$105,733
Mar 201329823,45793.623.91$119,683
Feb 20139916,17191.233.42$64,335
Jan 20139229,73691.603.42$110,122
Dec 201236934,03486.773.42$148,420
Nov 201214736,38986.953.62$144,690
Oct 201221314,91889.383.40$69,754
Sep 201228034,57994.672.92$127,423
Aug 20121138,27392.662.91$112,323
Jul 20129542,45585.133.02$136,335
Jun 201215241,84279.822.52$117,534
May 201211947,52491.612.49$129,157
Apr 201210755,425101.652.00$121,549
Mar 201252752,059105.052.22$171,041
Feb 20129133,495101.102.57$95,290
Jan 20122711,95898.092.73$35,343

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                2,378 Mcf  × $  3.05 =     $7,243

────────────────────────────────────────────────────
Month total                                   $7,243

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/263347 is the state's own key, not one this site invented.