CARTHAGE GAS UNIT 17

Operated by VALENCE OPERATING COMPANY (P-5 881167) 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 268474District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Feb 2013 – Oct 2024
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
141
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 Gas112013-07-05210586
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
CondensateDisposition8,298 bbl$692,635
GasProduction308,800 Mcf$1,184,336
Total$1,876,971

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 32.0912, -94.4398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09117, -94.43982 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,650 ft
1 wells filed one
Completion to plug
11.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,650 ft.

Completions filed
Feb 2013
1 of 1 wells
Plug dates filed
Oct 2024
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653787689,650 ftFeb 2013Oct 2024Yes

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 (141)

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

141 months

Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202403779.932.15$79
Jun 202404078.082.63$105
May 202406378.812.20$139
Apr 202409084.451.66$149
Mar 202408080.301.55$124
Feb 2024125976.091.78$538
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230570.622.23$11
Apr 2023222878.122.24$666
Mar 2023459472.852.39$1,713
Feb 2023363675.112.47$1,794
Jan 2023437076.533.39$1,560
Dec 202271,14176.415.73$7,072
Nov 202241,03985.005.65$6,206
Oct 2022573287.185.86$4,728
Sep 202261,10384.888.16$9,514
Aug 202251,22794.529.13$11,672
Jul 202241,134101.587.54$8,959
Jun 202251,070115.097.98$9,111
May 202271,282109.378.43$11,577
Apr 202271,440104.226.84$10,576
Mar 202271,075108.885.08$6,219
Feb 202291,57491.054.86$8,467
Jan 2022474181.844.54$3,690
Dec 2021474271.323.90$3,178
Nov 202151,05377.435.24$5,902
Oct 2021370079.795.71$4,239
Sep 2021255169.865.35$3,088
Aug 202161,57666.024.22$7,048
Jul 202191,90570.783.98$8,223
Jun 202151,66669.493.38$5,980
May 202181,70363.483.02$5,647
Apr 202161,40360.362.76$4,232
Mar 202171,66061.302.72$4,939
Feb 2021689657.805.55$5,318
Jan 2021111,42150.412.81$4,548
Dec 202071,67344.642.68$4,789
Nov 202061,70838.772.71$4,855
Oct 202031,62636.972.48$4,141
Sep 2020281137.091.99$1,689
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020448549.881.98$1,160
Jan 2020214557.252.09$418
Dec 2019697959.012.30$2,610
Nov 2019455155.302.75$1,737
Oct 201971,06153.472.42$2,940
Sep 2019101,24355.052.66$3,854
Aug 2019161,75853.112.30$4,901
Jul 2019142,13356.272.46$6,035
Jun 201991,27952.782.49$3,661
May 2019393558.482.74$2,738
Apr 2019069262.632.75$1,903
Mar 201901,14456.803.06$3,503
Feb 2019076250.852.79$2,128
Jan 2019083046.033.23$2,679
Dec 2018479346.594.19$3,505
Nov 201861,38852.934.24$6,199
Oct 2018672561.443.40$2,832
Sep 201881,56259.543.11$5,331
Aug 201871,09159.403.07$3,761
Jul 2018101,60165.142.93$5,345
Jun 2018466560.183.08$2,287
May 2018890365.382.90$3,142
Apr 20181287563.842.90$3,304
Mar 2018111,01961.222.79$3,513
Feb 20181175961.782.77$2,779
Jan 20181495762.874.01$4,717
Dec 2017341,88557.272.92$7,454
Nov 2017432,06055.423.12$8,807
Oct 2017472,05049.292.98$8,433
Sep 2017532,18347.523.09$9,258
Aug 2017492,41245.373.00$9,470
Jul 2017432,47843.873.09$9,537
Jun 2017551,64642.493.09$7,419
May 2017497045.373.26$3,347
Apr 20172412247.933.21$1,542
Mar 2017701,64546.772.98$8,182
Feb 2017642,10750.452.95$9,450
Jan 20172257249.413.42$3,043
Dec 20164057448.763.72$4,087
Nov 2016982,94942.492.64$11,962
Oct 2016832,22046.193.09$10,694
Sep 2016882,97541.553.10$12,881
Aug 2016321,07141.442.92$4,458
Jul 20162729241.622.92$1,978
Jun 2016823,75245.352.69$13,796
May 20161657042.521.99$1,815
Apr 20162251536.561.99$1,830
Mar 2016461,47633.011.79$4,166
Feb 2016571,54626.472.06$4,699
Jan 2016521,76027.352.36$5,583
Dec 2015622,11732.362.00$6,243
Nov 2015261,61838.792.17$4,515
Oct 2015963443.552.43$1,930
Sep 2015171,03042.992.76$3,572
Aug 20152895840.162.87$3,876
Jul 2015381,17448.152.95$5,287
Jun 20157265656.152.88$5,934
May 20151011,31155.212.96$9,451
Apr 2015426,60449.822.71$19,967
Mar 2015542,99442.892.93$11,103
Feb 201501344.662.98$39
Jan 201542243.433.10$242
Dec 20142750454.693.59$3,287
Nov 20146712670.464.25$5,257
Oct 20141673,61078.303.90$27,159
Sep 20141525,73786.164.05$36,305
Aug 20141825,39089.394.04$38,018
Jul 20141546,20096.564.18$40,784
Jun 20142026,43498.164.74$50,305
May 20142046,36494.734.73$49,405
Apr 20141906,54695.944.81$49,709
Mar 20141946,65495.895.06$52,251
Feb 20141906,32097.406.19$57,639
Jan 20142577,87390.404.86$61,501
Dec 20133228,06591.824.35$64,685
Nov 20132557,85688.853.74$52,025
Oct 20132818,29597.423.78$58,725
Sep 20131914,547104.113.72$36,790
Aug 20132315,755104.253.52$44,354
Jul 20136104,926102.523.72$80,851
Jun 20132876,56494.403.93$52,912
May 201348516,27194.834.15$113,502
Apr 201339115,63793.964.28$103,705
Mar 201363223,83493.623.91$152,427
Feb 201367322,94291.233.42$139,857

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.

Jul 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                   37 Mcf  × $  2.15 =        $79

────────────────────────────────────────────────────
Month total                                      $79

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/268474 is the state's own key, not one this site invented.