MAY

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

Gas lease lease 264496District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Jul 2011 – May 2026
Value, last 12 filed months
$0
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112012-09-17207319
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
CondensateDisposition3,843 bbl$337,947
GasProduction1,475,671 Mcf$5,082,705
Total$5,420,652

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 31.9818, -94.1048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.98182, -94.10483 · 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
9,552 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 9,552 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-419316683H9,552 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 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 202477069.612.36$5,360
Aug 2024038975.632.06$803
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 202401,84573.023.30$6,084
Dec 202302,98371.262.61$7,788
Nov 202302,59677.892.81$7,288
Oct 202302,82085.443.09$8,706
Sep 202303,00489.042.74$8,216
Aug 202302,94580.522.67$7,872
Jul 202302,78074.852.64$7,344
Jun 202302,20268.962.26$4,973
May 202301,68970.622.23$3,762
Apr 2023075978.122.24$1,698
Mar 202302,33472.852.39$5,586
Feb 202301,77675.112.47$4,379
Jan 202302,18576.533.39$7,402
Dec 202202,22776.415.73$12,759
Nov 202202,50185.005.65$14,121
Oct 202202,70687.185.86$15,867
Sep 202202,58884.888.16$21,128
Aug 202202,77494.529.13$25,319
Jul 202202,882101.587.54$21,736
Jun 202202,870115.097.98$22,895
May 202202,877109.378.43$24,262
Apr 202202,733104.226.84$18,687
Mar 202202,825108.885.08$14,341
Feb 202202,44391.054.86$11,870
Jan 202202,92681.844.54$13,277
Dec 202103,22071.323.90$12,555
Nov 202103,15577.435.24$16,522
Oct 202102,43779.795.71$13,925
Sep 202102,43769.865.35$13,040
Aug 202101,87766.024.22$7,922
Jul 202103,32270.783.98$13,228
Jun 202103,16069.493.38$10,683
May 202103,64963.483.02$11,011
Apr 202103,22960.362.76$8,907
Mar 202102,20261.302.72$5,983
Feb 202102,63757.805.55$14,630
Jan 202102,05650.412.81$5,778
Dec 202003,31944.642.68$8,880
Nov 202003,27638.772.71$8,867
Oct 202003,58636.972.48$8,888
Sep 202003,53537.091.99$7,038
Aug 202003,76239.982.39$8,973
Jul 202003,82938.371.83$6,988
Jun 202003,61234.901.69$6,105
May 202003,83916.921.81$6,967
Apr 202002,53414.751.80$4,572
Mar 202003,31530.341.86$6,153
Feb 202003,39649.881.98$6,726
Jan 202003,88157.252.09$8,130
Dec 201904,07059.012.30$9,379
Nov 201904,10455.302.75$11,289
Oct 201904,23453.472.42$10,240
Sep 201904,01855.052.66$10,677
Aug 201904,28653.112.30$9,876
Jul 201904,22456.272.46$10,391
Jun 201904,11952.782.49$10,261
May 201904,31958.482.74$11,835
Apr 201904,13662.632.75$11,377
Mar 201904,50256.803.06$13,786
Feb 201904,41150.852.79$12,316
Jan 201904,65246.033.23$15,017
Dec 201804,93546.594.19$20,655
Nov 201804,83652.934.24$20,491
Oct 201805,02961.443.40$17,089
Sep 201804,85559.543.11$15,089
Aug 201805,14359.403.07$15,771
Jul 201805,53765.142.93$16,234
Jun 201805,15860.183.08$15,871
May 201805,59165.382.90$16,218
Apr 201805,35263.842.90$15,525
Mar 201805,78661.222.79$16,125
Feb 20181635,43961.782.77$25,115
Jan 201806,00962.874.01$24,092
Dec 201705,80557.272.92$16,959
Nov 201706,08155.423.12$18,963
Oct 201706,78449.292.98$20,241
Sep 201705,67747.523.09$17,526
Aug 201706,44445.373.00$19,360
Jul 201707,58843.873.09$23,426
Jun 201707,27042.493.09$22,445
May 201705,81345.373.26$18,970
Apr 201706,55147.933.21$21,039
Mar 201707,40546.772.98$22,094
Feb 201703,23550.452.95$9,552
Jan 201706,86549.413.42$23,470
Dec 2016094948.763.72$3,533
Nov 201608,47042.492.64$22,398
Oct 201607,57146.193.09$23,396
Sep 201603,97141.553.10$12,313
Aug 201633,97841.442.92$11,757
Jul 201606,20241.622.92$18,137
Jun 201605,04945.352.69$13,561
May 20161746,61242.521.99$20,563
Apr 201606,55536.561.99$13,051
Mar 201605,01233.011.79$8,992
Feb 201612,38626.472.06$4,950
Jan 201607,18327.352.36$16,983
Dec 201509,13832.362.00$18,289
Nov 201508,00738.792.17$17,354
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201505,58340.162.87$16,037
Jul 201504,38048.152.95$12,899
Jun 201505,76756.152.88$16,625
May 201503,51355.212.96$10,383
Apr 201507,45449.822.71$20,175
Mar 201504,97742.892.93$14,606
Feb 201507,38344.662.98$21,973
Jan 201505,61743.433.10$17,416
Dec 2014539,08054.693.59$35,508
Nov 20141626170.464.25$2,237
Oct 2014316,30378.303.90$27,015
Sep 2014327,97186.164.05$35,003
Aug 2014308,88189.394.04$38,518
Jul 2014197,87096.564.18$34,728
Jun 2014178,19998.164.74$40,506
May 20146014,36594.734.73$73,581
Apr 2014164,78895.944.81$24,561
Mar 20144010,06095.895.06$54,707
Feb 20143210,67297.406.19$69,198
Jan 20145913,20290.404.86$69,505
Dec 201326114,10691.824.35$85,389
Nov 20134913,26988.853.74$53,957
Oct 20138914,29997.423.78$62,711
Sep 20136713,813104.113.72$58,329
Aug 20133414,813104.253.52$55,725
Jul 20136315,606102.523.72$64,478
Jun 20133914,69094.403.93$61,463
May 201325416,94994.834.15$94,410
Apr 20136217,10893.964.28$79,092
Mar 20138117,80193.623.91$77,236
Feb 201310316,78991.233.42$66,814
Jan 20136420,85691.603.42$77,188
Dec 201211920,26186.773.42$79,621
Nov 20128421,27286.953.62$84,414
Oct 20122211,30789.383.40$40,407
Sep 20126023,93194.672.92$75,520
Aug 2012426,07292.662.91$76,192
Jul 20126028,59585.133.02$91,488
Jun 2012027,33879.822.52$68,866
May 20127228,50491.612.49$77,523
Apr 20125930,649101.652.00$67,197
Mar 201227530,031105.052.22$95,620
Feb 20125233,421101.102.57$91,157
Jan 20128939,10598.092.73$115,646
Dec 20114554,20096.873.24$179,953
Nov 201119857,88095.723.31$210,609
Oct 201125072,57584.983.65$286,038
Sep 201146561,05483.623.99$282,232
Aug 2011091,55283.404.15$379,879
Jul 2011072,22994.144.52$326,276

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.

Sep 2024 — as filed, then multipliedworked
Condensate            77 bbl  × $ 69.61 =     $5,360
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $5,360

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/264496 is the state's own key, not one this site invented.