SPURLOCK

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

Gas lease lease 264326District 06Field 160393002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Jul 2011 – May 2026
Value, last 12 filed months
$296 k
at the published price for each month
Months reported
179
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1975-12-28
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 40 acres. The field rule took effect on 2014-07-08.

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 Gas112012-09-17207320
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
CondensateDisposition8,972 bbl$748,092
GasProduction3,136,182 Mcf$10,541,110
Total$11,289,202

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 31.9589, -94.1077. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95891, -94.10767 · 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
9,672 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 9,672 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-419316752H9,672 ftJul 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 (179)

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

179 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202603,56689.753.15$11,231
Feb 20261511,77063.503.75$45,094
Jan 202607,90959.138.00$63,256
Dec 202506,81756.664.41$30,086
Nov 202506,93158.593.93$27,214
Oct 202507,49659.383.30$24,773
Sep 202506,83062.743.08$21,015
Aug 202507,99463.933.01$24,100
Jul 202507,56266.743.32$25,070
Jun 202507,64266.483.13$23,910
May 202507,85960.553.23$25,403
Apr 202507,77562.363.54$27,548
Mar 202507,87667.704.27$33,617
Feb 202507,21470.884.34$31,315
Jan 202507,44074.324.28$31,833
Dec 202408,06168.993.12$25,161
Nov 202408,15269.052.20$17,922
Oct 202408,44771.372.28$19,271
Sep 202408,13969.612.36$19,244
Aug 202408,11975.632.06$16,755
Jul 2024857,84379.932.15$23,630
Jun 20241667,62278.082.63$33,037
May 202407,23678.812.20$15,908
Apr 202407,53984.451.66$12,509
Mar 202408,51180.301.55$13,151
Feb 202408,04876.091.78$14,355
Jan 202407,73773.023.30$25,514
Dec 202308,07271.262.61$21,074
Nov 202307,81077.892.81$21,927
Oct 202308,16785.443.09$25,214
Sep 202308,12489.042.74$22,219
Aug 202308,49980.522.67$22,717
Jul 202308,70874.852.64$23,005
Jun 202307,73568.962.26$17,469
May 202308,45670.622.23$18,835
Apr 202306,28378.122.24$14,060
Mar 202308,44172.852.39$20,201
Feb 202307,42675.112.47$18,310
Jan 202308,64776.533.39$29,294
Dec 20221678,91776.415.73$63,847
Nov 202208,36685.005.65$47,236
Oct 202208,79587.185.86$51,572
Sep 202208,48884.888.16$69,293
Aug 202209,02694.529.13$82,382
Jul 202209,019101.587.54$68,022
Jun 202208,966115.097.98$71,524
May 202208,826109.378.43$74,430
Apr 202208,591104.226.84$58,742
Mar 202208,752108.885.08$44,429
Feb 202208,03891.054.86$39,055
Jan 202209,02881.844.54$40,966
Dec 202109,22271.323.90$35,958
Nov 202109,28277.435.24$48,608
Oct 202109,69279.795.71$55,379
Sep 202109,32569.865.35$49,897
Aug 202109,67566.024.22$40,834
Jul 2021010,16270.783.98$40,466
Jun 202109,39969.493.38$31,774
May 202116810,26363.483.02$41,635
Apr 2021010,01060.362.76$27,612
Mar 2021010,08461.302.72$27,398
Feb 202109,31257.805.55$51,663
Jan 2021010,37950.412.81$29,168
Dec 202017610,76244.642.68$36,650
Nov 2020011,24038.772.71$30,422
Oct 2020010,98436.972.48$27,223
Sep 2020010,12937.091.99$20,167
Aug 2020010,29139.982.39$24,545
Jul 2020010,84538.371.83$19,793
Jun 2020010,74334.901.69$18,159
May 2020011,29516.921.81$20,498
Apr 202019011,01014.751.80$22,669
Mar 2020010,33230.341.86$19,179
Feb 202019310,71049.881.98$30,840
Jan 2020011,47857.252.09$24,043
Dec 2019011,57159.012.30$26,664
Nov 2019011,55255.302.75$31,776
Oct 2019011,89253.472.42$28,761
Sep 2019011,70755.052.66$31,109
Aug 20193412,08753.112.30$29,659
Jul 2019011,85956.272.46$29,174
Jun 201918911,29152.782.49$38,104
May 2019012,12658.482.74$33,229
Apr 2019011,80362.632.75$32,467
Mar 2019012,52956.803.06$38,365
Feb 2019011,37850.852.79$31,770
Jan 2019012,52646.033.23$40,436
Dec 2018012,76446.594.19$53,423
Nov 2018012,32752.934.24$52,232
Oct 2018012,96961.443.40$44,070
Sep 2018012,61559.543.11$39,207
Aug 2018013,26859.403.07$40,687
Jul 2018013,45365.142.93$39,443
Jun 2018012,56460.183.08$38,658
May 2018012,09365.382.90$35,079
Apr 2018012,81763.842.90$37,180
Mar 2018012,74161.222.79$35,507
Feb 2018011,59661.782.77$32,076
Jan 2018012,21262.874.01$48,962
Dec 2017011,25957.272.92$32,893
Nov 201709,82855.423.12$30,647
Oct 201709,09649.292.98$27,140
Sep 20171698,84647.523.09$35,341
Aug 201709,04745.373.00$27,181
Jul 201709,82443.873.09$30,329
Jun 20175811,20142.493.09$37,045
May 20175810,62145.373.26$37,292
Apr 2017010,10947.933.21$32,466
Mar 2017010,61246.772.98$31,663
Feb 2017011,22350.452.95$33,137
Jan 201718315,11449.413.42$60,714
Dec 2016014,98548.763.72$55,787
Nov 2016017,99342.492.64$47,580
Oct 2016020,87146.193.09$64,497
Sep 2016019,48341.553.10$60,410
Aug 2016018,18241.442.92$53,170
Jul 2016017,85741.622.92$52,220
Jun 2016017,77245.352.69$47,733
May 2016019,73842.521.99$39,299
Apr 2016019,34836.561.99$38,523
Mar 2016014,35333.011.79$25,749
Feb 201620015,34826.472.06$36,967
Jan 2016020,24627.352.36$47,869
Dec 2015015,82132.362.00$31,664
Nov 2015013,77938.792.17$29,864
Oct 2015015,83643.552.43$38,427
Sep 2015715,14742.992.76$42,083
Aug 2015017,08840.162.87$49,085
Jul 2015010,94748.152.95$32,240
Jun 2015011,84356.152.88$34,142
May 2015020,40055.212.96$60,291
Apr 2015018,99249.822.71$51,403
Mar 2015023,68742.892.93$69,514
Feb 2015021,58344.662.98$64,235
Jan 201505,25843.433.10$16,303
Dec 20144113,43654.693.59$50,496
Nov 2014214,79070.464.25$21,846
Oct 20142620,49878.303.90$81,998
Sep 20141621,24586.164.05$87,324
Aug 20148023,92989.394.04$103,708
Jul 20145722,96796.564.18$101,497
Jun 201418921,88498.164.74$122,214
May 201411924,05594.734.73$124,970
Apr 20148021,90295.944.81$113,005
Mar 20149423,63395.895.06$128,521
Feb 201426420,62997.406.19$153,448
Jan 201411425,47190.404.86$134,113
Dec 201311623,84191.824.35$114,466
Nov 20139425,73488.853.74$104,553
Oct 201316626,60997.423.78$116,737
Sep 201315027,673104.113.72$118,498
Aug 201326427,799104.253.52$125,447
Jul 201312527,973102.523.72$116,811
Jun 20137428,12794.403.93$117,621
May 201311831,78194.834.15$143,052
Apr 201311331,44393.964.28$145,275
Mar 201316235,39793.623.91$153,670
Feb 201325911,74791.233.42$63,802
Jan 201312239,39191.603.42$145,889
Dec 201224040,95586.773.42$160,897
Nov 201216238,00186.953.62$151,838
Oct 20123818,76689.383.40$67,195
Sep 201230746,38694.672.92$164,437
Aug 20121851,94492.662.91$152,729
Jul 201231155,24785.133.02$193,366
Jun 2012049,58979.822.52$124,917
May 201230650,30391.612.49$153,203
Apr 20129046,420101.652.00$101,840
Mar 201231647,043105.052.22$137,729
Feb 201226048,421101.102.57$150,740
Jan 201237280,04998.092.73$255,350
Dec 2011285103,90496.873.24$364,230
Nov 201119889,79495.723.31$316,286
Oct 2011568110,94284.983.65$453,045
Sep 201157987,98283.623.99$399,095
Aug 20110104,17283.404.15$432,243
Jul 201101,29494.144.52$5,845

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                3,566 Mcf  × $  3.15 =    $11,231

────────────────────────────────────────────────────
Month total                                  $11,231

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/264326 is the state's own key, not one this site invented.