SOUTH NAQUIN GU

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 267366District 06Field 160393002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Jan 2012 – May 2026
Value, last 12 filed months
$94 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 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 Gas112013-05-31210119
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
CondensateDisposition5,746 bbl$457,154
GasProduction1,814,312 Mcf$5,657,229
Total$6,114,383

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 31.9534, -94.1383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95339, -94.13826 · 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
9,670 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 9,670 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-419316882H9,670 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202655063.503.75$3,493
Jan 202604859.138.00$384
Dec 202502,42956.664.41$10,720
Nov 202503,14258.593.93$12,337
Oct 202503,63359.383.30$12,006
Sep 2025783,77562.743.08$16,509
Aug 202503,66163.933.01$11,037
Jul 202504,16866.743.32$13,818
Jun 202504,26066.483.13$13,328
May 2025794,17260.553.23$18,269
Apr 202504,23562.363.54$15,005
Mar 202504,36867.704.27$18,644
Feb 202504,67970.884.34$20,311
Jan 20250574.324.28$21
Dec 202401,53068.993.12$4,776
Nov 202403,26969.052.20$7,187
Oct 202403,61271.372.28$8,240
Sep 2024433,92969.612.36$12,283
Aug 202404,29975.632.06$8,872
Jul 202404,69679.932.15$10,080
Jun 202404,80778.082.63$12,662
May 202404,42178.812.20$9,719
Apr 202404,59884.451.66$7,629
Mar 202404,77180.301.55$7,372
Feb 2024804,25676.091.78$13,678
Jan 202403,90973.023.30$12,891
Dec 202304,09871.262.61$10,699
Nov 202304,17277.892.81$11,713
Oct 202307,18385.443.09$22,176
Sep 2023010089.042.74$274
Aug 2023545,82880.522.67$19,926
Jul 202305,00874.852.64$13,230
Jun 2023525,89068.962.26$16,888
May 202305,78470.622.23$12,883
Apr 202305,30778.122.24$11,876
Mar 202305,50272.852.39$13,167
Feb 202305,29975.112.47$13,066
Jan 202307,46076.533.39$25,272
Dec 2022010,61476.415.73$60,808
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202216084.888.16$1,358
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210371.323.90$12
Nov 202172277.435.24$5,585
Oct 202103,54079.795.71$20,227
Sep 2021455,73569.865.35$33,831
Aug 202106,20366.024.22$26,180
Jul 202106,63870.783.98$26,433
Jun 202106,89469.493.38$23,306
May 2021497,17163.483.02$24,750
Apr 202106,52660.362.76$18,001
Mar 2021525,53861.302.72$18,234
Feb 202104,08157.805.55$22,641
Jan 202105,98250.412.81$16,811
Dec 202006,13644.642.68$16,417
Nov 2020486,44038.772.71$19,291
Oct 202007,17536.972.48$17,783
Sep 2020487,17137.091.99$16,058
Aug 202007,61139.982.39$18,153
Jul 202007,36838.371.83$13,447
Jun 202007,22234.901.69$12,207
May 202007,68916.921.81$13,954
Apr 202007,42114.751.80$13,390
Mar 202007,09930.341.86$13,177
Feb 202027,01249.881.98$13,988
Jan 202026,80557.252.09$14,369
Dec 201906,37459.012.30$14,688
Nov 201906,60355.302.75$18,163
Oct 201907,43853.472.42$17,989
Sep 201907,81655.052.66$20,769
Aug 201977,71453.112.30$18,148
Jul 201907,45256.272.46$18,332
Jun 2019159,14752.782.49$23,579
May 201909,74658.482.74$26,707
Apr 201908,62362.632.75$23,719
Mar 2019279,20256.803.06$29,711
Feb 201908,30450.852.79$23,187
Jan 2019318,39146.033.23$28,515
Dec 201808,13446.594.19$34,044
Nov 201807,84252.934.24$33,228
Oct 2018398,73361.443.40$32,072
Sep 2018418,90059.543.11$30,102
Aug 201809,30059.403.07$28,519
Jul 201809,71665.142.93$28,486
Jun 201808,10260.183.08$24,929
May 201809,02665.382.90$26,183
Apr 201808,62763.842.90$25,025
Mar 2018638,83161.222.79$28,467
Feb 2018647,80761.782.77$25,549
Jan 201808,45462.874.01$33,895
Dec 201708,49657.272.92$24,821
Nov 20171298,65555.423.12$34,139
Oct 201709,21949.292.98$27,507
Sep 201709,32547.523.09$28,789
Aug 201709,80445.373.00$29,455
Jul 201709,98843.873.09$30,836
Jun 201716010,03942.493.09$37,792
May 201710510,19145.373.26$38,021
Apr 2017010,86647.933.21$34,897
Mar 201717711,45146.772.98$42,444
Feb 2017010,30150.452.95$30,415
Jan 2017011,41749.413.42$39,032
Dec 2016010,63148.763.72$39,577
Nov 201609,02542.492.64$23,865
Oct 201609,50546.193.09$29,373
Sep 2016010,57441.553.10$32,786
Aug 2016111,88341.442.92$34,791
Jul 2016012,44641.622.92$36,396
Jun 2016011,86845.352.69$31,875
May 2016011,72942.521.99$23,353
Apr 2016012,57036.561.99$25,027
Mar 2016015,05533.011.79$27,009
Feb 201619114,79026.472.06$35,577
Jan 2016015,57727.352.36$36,830
Dec 2015014,36732.362.00$28,754
Nov 2015014,15638.792.17$30,681
Oct 2015013,96843.552.43$33,894
Sep 20151013,68842.992.76$38,187
Aug 2015014,45340.162.87$41,516
Jul 2015011,51648.152.95$33,916
Jun 2015010,32756.152.88$29,771
May 2015011,86855.212.96$35,075
Apr 2015014,35349.822.71$38,847
Mar 201518912,56342.892.93$44,975
Feb 2015010,76144.662.98$32,027
Jan 201506,93143.433.10$21,490
Dec 20143615,49254.693.59$57,606
Nov 20144412,28170.464.25$55,317
Oct 20141313,11078.303.90$52,159
Sep 2014915,81186.164.05$64,738
Aug 20145015,00889.394.04$65,029
Jul 20143815,51796.564.18$68,524
Jun 201417415,72398.164.74$91,558
May 201411015,96494.734.73$85,875
Apr 20147914,32495.944.81$76,465
Mar 20146315,87295.895.06$86,303
Feb 20146815,17997.406.19$100,612
Jan 20147717,06190.404.86$89,890
Dec 20139917,06591.824.35$83,399
Nov 201325918,47188.853.74$92,062
Oct 201311418,28797.423.78$80,219
Sep 201310518,149104.113.72$78,405
Aug 20136819,575104.253.52$76,044
Jul 201310420,097102.523.72$85,378
Jun 20135320,20894.403.93$84,490
May 201327622,87594.834.15$121,083
Apr 20138122,55193.964.28$104,187
Mar 201310923,88893.623.91$103,675
Feb 201320934,11591.233.42$135,737
Jan 20138627,76491.603.42$102,828
Dec 201217730,15286.773.42$118,483
Nov 201214631,44586.953.62$126,682
Oct 201220011,65589.383.40$57,499
Sep 20129334,64094.672.92$109,898
Aug 20123938,40192.662.91$115,290
Jul 20129241,58585.133.02$133,452
Jun 2012044,38979.822.52$111,818
May 201212951,35591.612.49$139,605
Apr 201210956,222101.652.00$123,344
Mar 201227856,678105.052.22$155,147
Feb 20129635,273101.102.57$100,366
Jan 20123917,11398.092.73$50,614

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.

Feb 2026 — as filed, then multipliedworked
Condensate            55 bbl  × $ 63.50 =     $3,493
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $3,493

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/267366 is the state's own key, not one this site invented.