NEW HORIZONS

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268385District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.5 M
Mar 2013 – May 2026
Value, last 12 filed months
$415 k
at the published price for each month
Months reported
159
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 20 acres. The field rule took effect on 2013-01-29.

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 Gas112013-08-29211094
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
CondensateDisposition2 bbl$184
GasProduction5,673,158 Mcf$20,527,188
Total$20,527,372

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 32.3778, -94.4736. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37779, -94.47357 · 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
11,174 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 11,174 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-36537969I 1H11,174 ftMar 2013

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 (159)

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

159 months

May 202608,414106.413.05$25,628
Apr 202607,94698.932.87$22,803
Mar 202608,89789.753.15$28,021
Feb 2026010,39763.503.75$38,992
Jan 2026010,33459.138.00$82,651
Dec 2025010,01956.664.41$44,217
Nov 202509,06558.593.93$35,593
Oct 202509,07559.383.30$29,991
Sep 202508,59062.743.08$26,431
Aug 202509,34063.933.01$28,158
Jul 202508,94666.743.32$29,658
Jun 202507,21866.483.13$22,583
May 202507,75660.553.23$25,070
Apr 202509,20462.363.54$32,611
Mar 202509,39567.704.27$40,101
Feb 2025010,12570.884.34$43,951
Jan 2025014,17374.324.28$60,642
Dec 2024021,59268.993.12$67,397
Nov 2024027,79469.052.20$61,103
Oct 202409,90771.372.28$22,602
Sep 2024010,83569.612.36$25,618
Aug 202409,77575.632.06$20,172
Jul 202408,02579.932.15$17,226
Jun 202406,06478.082.63$15,972
May 202407,10778.812.20$15,624
Apr 202406,61884.451.66$10,981
Mar 202407,27980.301.55$11,247
Feb 202407,95576.091.78$14,189
Jan 202408,23273.023.30$27,146
Dec 202309,41071.262.61$24,567
Nov 202308,80377.892.81$24,715
Oct 202309,15485.443.09$28,261
Sep 202309,29389.042.74$25,417
Aug 202309,58180.522.67$25,609
Jul 2023010,81974.852.64$28,582
Jun 2023010,73168.962.26$24,236
May 2023011,64870.622.23$25,945
Apr 2023011,25778.122.24$25,190
Mar 2023011,57472.852.39$27,698
Feb 2023010,34875.112.47$25,515
Jan 2023011,80076.533.39$39,975
Dec 2022010,73376.415.73$61,490
Nov 2022011,30685.005.65$63,836
Oct 2022011,83687.185.86$69,403
Sep 2022011,95684.888.16$97,605
Aug 2022012,51394.529.13$114,208
Jul 2022012,803101.587.54$96,561
Jun 2022012,935115.097.98$103,185
May 2022013,022109.378.43$109,815
Apr 2022012,520104.226.84$85,607
Mar 2022012,923108.885.08$65,602
Feb 2022011,57091.054.86$56,217
Jan 2022012,96681.844.54$58,836
Dec 2021013,11271.323.90$51,125
Nov 2021012,97777.435.24$67,959
Oct 2021013,72679.795.71$78,429
Sep 2021013,48269.865.35$72,141
Aug 2021014,10466.024.22$59,527
Jul 2021014,26970.783.98$56,820
Jun 2021013,89569.493.38$46,974
May 2021014,57863.483.02$43,992
Apr 2021014,26760.362.76$39,354
Mar 2021015,15361.302.72$41,170
Feb 2021013,44557.805.55$74,592
Jan 2021014,93050.412.81$41,957
Dec 2020015,12144.642.68$40,456
Nov 2020014,84438.772.71$40,176
Oct 2020015,52536.972.48$38,478
Sep 2020015,30937.091.99$30,481
Aug 2020016,22839.982.39$38,705
Jul 2020016,15538.371.83$29,485
Jun 2020016,00134.901.69$27,047
May 2020017,01116.921.81$30,871
Apr 2020016,56714.751.80$29,893
Mar 2020016,27630.341.86$30,212
Feb 2020015,36749.881.98$30,437
Jan 2020015,20757.252.09$31,855
Dec 2019015,89859.012.30$36,635
Nov 2019016,33455.302.75$44,930
Oct 2019016,64653.472.42$40,259
Sep 2019016,62755.052.66$44,183
Aug 2019017,64653.112.30$40,663
Jul 2019017,30456.272.46$42,569
Jun 2019017,22852.782.49$42,918
May 2019017,96758.482.74$49,235
Apr 2019017,88062.632.75$49,183
Mar 2019018,16556.803.06$55,623
Feb 2019017,59550.852.79$49,129
Jan 2019018,66946.033.23$60,267
Dec 2018019,68946.594.19$82,407
Nov 2018018,15252.934.24$76,914
Oct 2018020,73561.443.40$70,459
Sep 2018019,79359.543.11$61,517
Aug 2018021,82159.403.07$66,915
Jul 2018021,55265.142.93$63,188
Jun 2018022,51760.183.08$69,283
May 2018021,29765.382.90$61,778
Apr 2018021,96263.842.90$63,707
Mar 2018022,66361.222.79$63,158
Feb 2018021,51161.782.77$59,502
Jan 2018024,13662.874.01$96,769
Dec 2017024,90157.272.92$72,749
Nov 2017024,16355.423.12$75,349
Oct 2017026,28149.292.98$78,414
Sep 2017025,11647.523.09$77,540
Aug 2017027,64145.373.00$83,045
Jul 2017027,56843.873.09$85,110
Jun 2017028,55442.493.09$88,154
May 2017029,38445.373.26$95,892
Apr 2017030,16247.933.21$96,868
Mar 2017032,02446.772.98$95,549
Feb 2017030,38550.452.95$89,715
Jan 2017033,84949.413.42$115,723
Dec 2016035,06248.763.72$130,530
Nov 2016034,03542.492.64$90,000
Oct 2016037,13446.193.09$114,754
Sep 2016036,10141.553.10$111,936
Aug 2016038,15141.442.92$111,567
Jul 2016039,34441.622.92$115,055
Jun 2016039,44045.352.69$105,929
May 2016040,96842.521.99$81,569
Apr 2016041,42936.561.99$82,487
Mar 2016047,15133.011.79$84,589
Feb 2016044,89426.472.06$92,645
Jan 2016058,68727.352.36$138,757
Dec 2015055,48032.362.00$111,038
Nov 2015049,09738.792.17$106,409
Oct 2015049,89743.552.43$121,079
Sep 2015049,93142.992.76$137,731
Aug 2015051,41940.162.87$147,701
Jul 2015052,48548.152.95$154,573
Jun 2015053,55856.152.88$154,400
May 2015058,13755.212.96$171,821
Apr 2015057,22949.822.71$154,894
Mar 2015061,30542.892.93$179,912
Feb 2015057,41144.662.98$170,866
Jan 2015065,33643.433.10$202,583
Dec 2014068,93254.693.59$247,560
Nov 2014071,15370.464.25$302,531
Oct 2014070,61178.303.90$275,451
Sep 2014075,41386.164.05$305,079
Aug 2014081,87489.394.04$330,371
Jul 2014085,08196.564.18$355,605
Jun 2014086,58498.164.74$410,138
May 2014094,61094.734.73$447,180
Apr 2014096,52695.944.81$464,205
Mar 20140104,96895.895.06$530,802
Feb 2014099,75197.406.19$617,658
Jan 20140113,30490.404.86$550,739
Dec 20130123,88691.824.35$539,459
Nov 20131128,78388.853.74$481,516
Oct 20130141,94897.423.78$536,473
Sep 20130146,869104.113.72$546,021
Aug 20130164,073104.253.52$577,965
Jul 20130172,669102.523.72$641,938
Jun 20130192,15694.403.93$755,828
May 20131193,01394.834.15$800,921
Apr 20130243,68893.964.28$1,043,616
Mar 20130240,64393.623.91$941,605

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                8,414 Mcf  × $  3.05 =    $25,628

────────────────────────────────────────────────────
Month total                                  $25,628

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/268385 is the state's own key, not one this site invented.