CRAIG GU

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

Gas lease lease 264905District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
Nov 2010 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
187
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

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 Gas112012-11-06207587
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
CondensateDisposition54,314 bbl$4,713,602
GasProduction2,750,276 Mcf$10,321,012
Total$15,034,613

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 32.1029, -94.8688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10293, -94.86878 · 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
10,095 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 10,095 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-401351212H10,095 ftNov 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 (187)

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

187 months

May 2026094106.413.05$286
Apr 2026015498.932.87$442
Mar 202608989.753.15$280
Feb 20260063.503.75$0
Jan 202605359.138.00$424
Dec 202506756.664.41$296
Nov 202508858.593.93$346
Oct 202508159.383.30$268
Sep 2025012462.743.08$382
Aug 2025013163.933.01$395
Jul 202505266.743.32$172
Jun 2025012566.483.13$391
May 2025011260.553.23$362
Apr 202509762.363.54$344
Mar 202505667.704.27$239
Feb 2025011670.884.34$504
Jan 2025010274.324.28$436
Dec 202408368.993.12$259
Nov 202409569.052.20$209
Oct 2024016171.372.28$367
Sep 2024021869.612.36$515
Aug 2024016475.632.06$338
Jul 2024017079.932.15$365
Jun 2024011078.082.63$290
May 20240078.812.20$0
Apr 2024015784.451.66$260
Mar 202407080.301.55$108
Feb 2024015476.091.78$275
Jan 2024023473.023.30$772
Dec 2023024471.262.61$637
Nov 2023028777.892.81$806
Oct 2023019885.443.09$611
Sep 2023020189.042.74$550
Aug 2023022580.522.67$601
Jul 2023021374.852.64$563
Jun 2023064868.962.26$1,464
May 202301,03270.622.23$2,299
Apr 202301,63978.122.24$3,668
Mar 202301,30472.852.39$3,121
Feb 202301,61475.112.47$3,980
Jan 202301,77776.533.39$6,020
Dec 202201,91276.415.73$10,954
Nov 202201,86885.005.65$10,547
Oct 2022042887.185.86$2,510
Sep 2022025784.888.16$2,098
Aug 2022076394.529.13$6,964
Jul 20220644101.587.54$4,857
Jun 202201,042115.097.98$8,312
May 202212,512109.378.43$21,293
Apr 202201,290104.226.84$8,821
Mar 202201,168108.885.08$5,929
Feb 202201,08091.054.86$5,248
Jan 202201,35881.844.54$6,162
Dec 202102,73471.323.90$10,660
Nov 202102,63577.435.24$13,799
Oct 202112,74679.795.71$15,770
Sep 202122,53769.865.35$13,715
Aug 202102,15566.024.22$9,095
Jul 202132,47670.783.98$10,072
Jun 202102,41269.493.38$8,154
May 202102,57263.483.02$7,761
Apr 202102,20760.362.76$6,088
Mar 202102,89661.302.72$7,868
Feb 202102,16557.805.55$12,011
Jan 202103,16050.412.81$8,880
Dec 202003,14044.642.68$8,401
Nov 202002,98638.772.71$8,082
Oct 202003,07136.972.48$7,611
Sep 202002,92937.091.99$5,832
Aug 202002,73139.982.39$6,514
Jul 202003,09838.371.83$5,654
Jun 202002,83134.901.69$4,785
May 202003,05616.921.81$5,546
Apr 202003,07714.751.80$5,552
Mar 202003,26030.341.86$6,051
Feb 202003,13049.881.98$6,200
Jan 202003,25157.252.09$6,810
Dec 201903,68959.012.30$8,501
Nov 201903,43755.302.75$9,454
Oct 201903,30453.472.42$7,991
Sep 201903,32555.052.66$8,835
Aug 201903,54653.112.30$8,171
Jul 201903,01156.272.46$7,407
Jun 201903,26252.782.49$8,126
May 201903,32458.482.74$9,109
Apr 201903,48962.632.75$9,597
Mar 201903,54956.803.06$10,867
Feb 201902,96850.852.79$8,287
Jan 201903,53046.033.23$11,395
Dec 201803,58146.594.19$14,988
Nov 201802,33052.934.24$9,873
Oct 201803,60561.443.40$12,250
Sep 201803,45959.543.11$10,751
Aug 201804,05559.403.07$12,435
Jul 201803,91865.142.93$11,487
Jun 201804,17660.183.08$12,849
May 201884,09465.382.90$12,399
Apr 2018311,87663.842.90$7,421
Mar 2018234,81761.222.79$14,832
Feb 2018314,50261.782.77$14,368
Jan 2018264,28262.874.01$18,803
Dec 2017194,83457.272.92$15,211
Nov 201784,16655.423.12$13,434
Oct 201795,02249.292.98$15,428
Sep 201795,50247.523.09$17,414
Aug 201795,67045.373.00$17,443
Jul 201795,95343.873.09$18,773
Jun 2017285,84842.493.09$19,244
May 20171286,77045.373.26$27,901
Apr 20171036,71647.933.21$26,506
Mar 20171167,09146.772.98$26,583
Feb 20171116,37750.452.95$24,429
Jan 20171477,33049.413.42$32,323
Dec 20161137,24848.763.72$32,493
Nov 20161247,70542.492.64$25,643
Oct 20161378,02046.193.09$31,112
Sep 20161127,92141.553.10$29,214
Aug 20161207,75641.442.92$27,654
Jul 20161118,03241.622.92$28,108
Jun 20161388,16845.352.69$28,196
May 20161358,79242.521.99$23,245
Apr 20161398,26636.561.99$21,540
Mar 20161378,98933.011.79$20,649
Feb 20161518,64226.472.06$21,831
Jan 20161839,20227.352.36$26,762
Dec 20151339,33032.362.00$22,977
Nov 20151939,57038.792.17$28,228
Oct 201517510,56543.552.43$33,258
Sep 201517110,51742.992.76$36,362
Aug 201519610,19540.162.87$37,156
Jul 201517510,80448.152.95$40,245
Jun 20159611,17756.152.88$37,612
May 201516011,94855.212.96$44,145
Apr 201517710,00649.822.71$35,900
Mar 20152349,55842.892.93$38,086
Feb 20151369,33844.662.98$33,865
Jan 201519710,59543.433.10$41,407
Dec 201421111,22454.693.59$51,849
Nov 201419711,80170.464.25$64,057
Oct 20145312,83178.303.90$54,203
Sep 201410811,35286.164.05$55,229
Aug 201410313,70689.394.04$64,513
Jul 201411613,87396.564.18$69,185
Jun 201413113,69898.164.74$77,745
May 201414914,60194.734.73$83,127
Apr 201412915,12195.944.81$85,095
Mar 201412414,47095.895.06$85,062
Feb 201424615,05497.406.19$117,175
Jan 201436515,25490.404.86$107,141
Dec 201339416,50091.824.35$108,026
Nov 201323422,40488.853.74$104,543
Oct 201331131,38797.423.78$148,920
Sep 201331540,662104.113.72$183,965
Aug 201357137,250104.253.52$190,744
Jul 201360040,416102.523.72$211,768
Jun 201360231,67794.403.93$181,427
May 201329818,56594.834.15$105,287
Apr 201329521,29293.964.28$118,903
Mar 201331322,39193.623.91$116,916
Feb 201329421,00491.233.42$98,653
Jan 201336624,79391.603.42$118,315
Dec 201233426,00186.773.42$117,909
Nov 201242126,24486.953.62$131,739
Oct 201253328,67789.383.40$145,132
Sep 201253028,60494.672.92$133,653
Aug 201250731,29792.662.91$137,995
Jul 201253931,85985.133.02$142,125
Jun 201254932,70779.822.52$126,211
May 201270736,24991.612.49$154,967
Apr 201264937,125101.652.00$140,102
Mar 201266940,626105.052.22$160,553
Feb 201264540,010101.102.57$168,045
Jan 20121,07246,24398.092.73$231,585
Dec 201194549,37596.873.24$251,504
Nov 201172952,23495.723.31$242,741
Oct 201186958,62384.983.65$287,736
Sep 20111,05561,74183.623.99$334,306
Aug 20111,32669,52283.404.15$399,057
Jul 20111,59170,63094.144.52$468,829
Jun 20111,26171,66692.904.64$449,669
May 20112,21796,70598.134.40$643,522
Apr 20111,12861,298105.964.33$385,144
Mar 20114,550160,92396.364.06$1,091,357
Feb 20114,725163,60285.644.18$1,088,502
Jan 20116,182203,60486.504.59$1,469,037
Dec 20109,366240,09185.734.35$1,846,803
Nov 201022520,42680.843.80$95,712

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                   94 Mcf  × $  3.05 =       $286

────────────────────────────────────────────────────
Month total                                     $286

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/264905 is the state's own key, not one this site invented.