FROST GILLASPY

Operated by TGNR EAST TEXAS LLC (P-5 850990) 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 265974District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Mar 2012 – May 2026
Value, last 12 filed months
$330 k
at the published price for each month
Months reported
171
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 Gas112013-04-18209615
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
CondensateDisposition29,544 bbl$2,145,981
GasProduction2,277,591 Mcf$7,623,488
Total$9,769,470

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 32.0728, -94.2012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07282, -94.20122 · 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
9,306 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 9,306 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-3653783510H9,306 ftMar 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 (171)

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

171 months

May 202606,120106.413.05$18,641
Apr 2026545,96598.932.87$22,460
Mar 2026416,25189.753.15$23,367
Feb 2026835,78763.503.75$26,974
Jan 20261486,17859.138.00$58,162
Dec 2025675,99256.664.41$30,241
Nov 2025675,70158.593.93$26,310
Oct 2025646,22559.383.30$24,373
Sep 2025646,15462.743.08$22,951
Aug 2025626,51263.933.01$23,596
Jul 2025636,58566.743.32$26,035
Jun 20251315,87466.483.13$27,087
May 2025655,66660.553.23$22,250
Apr 2025616,02262.363.54$25,141
Mar 20251256,29867.704.27$35,344
Feb 202505,65670.884.34$24,552
Jan 20251396,32174.324.28$37,376
Dec 20241306,48168.993.12$29,198
Nov 202406,34569.052.20$13,949
Oct 2024686,77871.372.28$20,316
Sep 202406,77969.612.36$16,028
Aug 202407,48875.632.06$15,452
Jul 20241247,25479.932.15$25,483
Jun 20240078.082.63$0
May 202403,27778.812.20$7,204
Apr 20242943,98984.451.66$31,447
Mar 202406,73280.301.55$10,402
Feb 20241586,37376.091.78$23,389
Jan 202406,06573.023.30$20,000
Dec 202306,66271.262.61$17,393
Nov 202306,38677.892.81$17,929
Oct 202306,74685.443.09$20,827
Sep 2023746,63489.042.74$24,733
Aug 2023696,92580.522.67$24,066
Jul 202306,99774.852.64$18,485
Jun 202306,94168.962.26$15,676
May 2023805,83170.622.23$18,638
Apr 202306,87378.122.24$15,380
Mar 20231506,88272.852.39$27,397
Feb 202306,47675.112.47$15,968
Jan 2023777,14976.533.39$30,112
Dec 2022787,21076.415.73$47,267
Nov 20221567,11485.005.65$53,427
Oct 20221587,16587.185.86$55,788
Sep 2022897,23484.888.16$66,610
Aug 202207,26894.529.13$66,336
Jul 2022937,361101.587.54$64,964
Jun 20221017,143115.097.98$68,605
May 2022837,418109.378.43$71,634
Apr 20221517,225104.226.84$65,139
Mar 20221347,569108.885.08$53,013
Feb 2022726,89891.054.86$40,072
Jan 20221987,72981.844.54$51,276
Dec 202107,80871.323.90$30,444
Nov 2021687,63477.435.24$45,243
Oct 20211287,90679.795.71$55,387
Sep 2021667,73669.865.35$46,005
Aug 2021638,20666.024.22$38,793
Jul 20212008,70770.783.98$48,828
Jun 2021693,20069.493.38$15,613
May 202106,39363.483.02$19,292
Apr 20212327,75360.362.76$35,390
Mar 20211297,96761.302.72$29,554
Feb 20211357,11757.805.55$47,288
Jan 2021738,04650.412.81$26,291
Dec 2020818,10144.642.68$25,290
Nov 2020817,92638.772.71$24,593
Oct 2020798,29936.972.48$23,489
Sep 20202398,09237.091.99$24,976
Aug 2020798,91239.982.39$24,414
Jul 2020879,14538.371.83$20,029
Jun 2020778,73534.901.69$17,452
May 20202339,37416.921.81$20,954
Apr 20201499,23214.751.80$18,856
Mar 2020688,35930.341.86$17,579
Feb 2020605,94649.881.98$14,770
Jan 20201339,60257.252.09$27,728
Dec 20191249,75159.012.30$29,787
Nov 20192099,38155.302.75$37,362
Oct 2019749,75753.472.42$27,554
Sep 20191589,61055.052.66$34,234
Aug 201915410,42653.112.30$32,204
Jul 20197610,15456.272.46$29,256
Jun 201931310,10952.782.49$41,704
May 201902,13058.482.74$5,837
Apr 201909,44762.632.75$25,986
Mar 2019789,93156.803.06$34,840
Feb 20192209,62550.852.79$38,062
Jan 201904,22046.033.23$13,623
Dec 20181658,75746.594.19$44,339
Nov 20181526,78952.934.24$36,812
Oct 2018819,52961.443.40$37,357
Sep 20182359,27759.543.11$42,825
Aug 20182089,74659.403.07$42,242
Jul 201809,86265.142.93$28,914
Jun 2018979,61560.183.08$35,422
May 201816510,00265.382.90$39,802
Apr 201817510,03563.842.90$40,282
Mar 2018627,16461.222.79$23,761
Feb 20181239,44061.782.77$33,711
Jan 201812610,55562.874.01$50,240
Dec 201726810,77557.272.92$46,828
Nov 201714910,57755.423.12$41,240
Oct 201714411,16949.292.98$40,422
Sep 201714411,01947.523.09$40,862
Aug 201714712,01745.373.00$42,773
Jul 201726812,20443.873.09$49,434
Jun 201725911,94842.493.09$47,892
May 201724612,55145.373.26$52,120
Apr 201711612,15747.933.21$44,603
Mar 201722212,80246.772.98$48,580
Feb 201722611,70350.452.95$45,956
Jan 201721912,96749.413.42$55,152
Dec 201632712,95648.763.72$64,178
Nov 201612612,08442.492.64$37,308
Oct 201624212,67146.193.09$50,335
Sep 201610312,62641.553.10$43,428
Aug 201618113,70941.442.92$47,590
Jul 20168314,12141.622.92$44,749
Jun 201624014,30945.352.69$49,316
May 20169111,50842.521.99$26,782
Apr 201638115,91536.561.99$45,617
Mar 20168510,65733.011.79$21,925
Feb 201624515,32626.472.06$38,112
Jan 2016747,02227.352.36$18,626
Dec 2015817,62132.362.00$17,874
Nov 201515315,19938.792.17$38,876
Oct 201522316,05243.552.43$48,663
Sep 201518515,88642.992.76$51,773
Aug 201511416,72540.162.87$52,621
Jul 201532117,27548.152.95$66,332
Jun 20156712,92856.152.88$41,032
May 201514413,49055.212.96$47,819
Apr 201522816,94249.822.71$57,214
Mar 20158516,76942.892.93$52,858
Feb 201523916,36544.662.98$59,379
Jan 20158318,53843.433.10$61,084
Dec 201422718,92954.693.59$80,395
Nov 201422318,72470.464.25$95,324
Oct 201421719,72978.303.90$93,953
Sep 20148019,31986.164.05$85,047
Aug 201423520,27489.394.04$102,815
Jul 20148220,73596.564.18$94,582
Jun 201423020,35098.164.74$118,972
May 201423821,65994.734.73$124,918
Apr 201425521,44695.944.81$127,601
Mar 201444522,73895.895.06$157,653
Feb 201427721,04297.406.19$157,272
Jan 201436323,94490.404.86$149,200
Dec 201353224,55891.824.35$155,786
Nov 201326824,46588.853.74$115,269
Oct 201350925,74297.423.78$146,875
Sep 201325725,750104.113.72$122,488
Aug 201333827,374104.253.52$131,664
Jul 201334228,217102.523.72$139,965
Jun 201349528,22194.403.93$157,733
May 201353029,93694.834.15$174,467
Apr 201345229,62693.964.28$169,346
Mar 201354531,69793.623.91$175,049
Feb 201354029,90091.233.42$151,520
Jan 201363134,54891.603.42$175,951
Dec 201267836,28286.773.42$182,920
Nov 201247637,10786.953.62$175,900
Oct 201254340,13589.383.40$184,980
Sep 201238840,76594.672.92$155,701
Aug 201246945,02692.662.91$174,400
Jul 201267548,03485.133.02$202,564
Jun 201245949,92779.822.52$162,405
May 201298159,25791.612.49$237,320
Apr 201266559,192101.652.00$185,792
Mar 20129550,148105.052.22$121,413

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                6,120 Mcf  × $  3.05 =    $18,641

────────────────────────────────────────────────────
Month total                                  $18,641

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/265974 is the state's own key, not one this site invented.