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 268889District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Apr 2013 – May 2026
Value, last 12 filed months
$241 k
at the published price for each month
Months reported
158
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 Gas112013-08-09210808
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
CondensateDisposition17,159 bbl$1,241,741
GasProduction1,083,879 Mcf$3,943,084
Total$5,184,824

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 32.0853, -94.4294. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08531, -94.42941 · 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
9,650 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 9,650 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-36537936169,650 ftAug 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 (158)

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

158 months

May 2026536,266106.413.05$24,725
Apr 2026656,60498.932.87$25,382
Mar 2026515,95589.753.15$23,332
Feb 2026415,34863.503.75$22,660
Jan 2026544,31559.138.00$37,704
Dec 2025424,17256.664.41$20,792
Nov 2025634,12558.593.93$19,888
Oct 2025473,79559.383.30$15,333
Sep 2025232,66562.743.08$9,643
Aug 2025383,10763.933.01$11,796
Jul 2025563,52166.743.32$15,410
Jun 2025463,69366.483.13$14,612
May 2025484,25860.553.23$16,670
Apr 2025523,73562.363.54$16,476
Mar 2025523,18867.704.27$17,128
Feb 2025583,33270.884.34$18,575
Jan 2025634,23874.324.28$22,815
Dec 2024734,55668.993.12$19,257
Nov 2024322,89369.052.20$8,570
Oct 2024262,16971.372.28$6,804
Sep 2024744,79769.612.36$16,493
Aug 2024612,86775.632.06$10,530
Jul 2024794,88979.932.15$16,809
Jun 2024544,44878.082.63$15,932
May 2024945,46978.812.20$19,431
Apr 2024776,16984.451.66$16,738
Mar 2024935,95880.301.55$16,674
Feb 2024935,70876.091.78$17,257
Jan 2024796,30973.023.30$26,574
Dec 2023756,11871.262.61$21,317
Nov 2023786,30777.892.81$23,783
Oct 2023986,45785.443.09$28,308
Sep 2023796,43189.042.74$24,623
Aug 2023816,68680.522.67$24,393
Jul 20231176,96274.852.64$27,150
Jun 2023787,01868.962.26$21,229
May 2023824,26370.622.23$15,286
Apr 2023795,32978.122.24$18,097
Mar 20231106,00272.852.39$22,377
Feb 20231117,05575.112.47$25,733
Jan 2023805,53376.533.39$24,867
Dec 20221165,95476.415.73$42,975
Nov 20221057,00485.005.65$48,471
Oct 20221087,39487.185.86$52,772
Sep 20221287,91584.888.16$75,480
Aug 20221028,05294.529.13$83,133
Jul 2022858,107101.587.54$69,778
Jun 2022958,218115.097.98$76,490
May 20221096,835109.378.43$69,561
Apr 20221107,433104.226.84$62,288
Mar 20221075,832108.885.08$41,256
Feb 2022984,16091.054.86$29,136
Jan 20221186,47881.844.54$39,052
Dec 2021846,50971.323.90$31,370
Nov 2021986,90177.435.24$43,728
Oct 2021513,35979.795.71$23,262
Sep 2021403,69669.865.35$22,571
Aug 20211107,50566.024.22$38,938
Jul 20211047,08470.783.98$35,570
Jun 2021575,82569.493.38$23,653
May 20211105,55463.483.02$23,743
Apr 2021855,14660.362.76$19,325
Mar 20211366,59261.302.72$26,247
Feb 20211466,76757.805.55$45,982
Jan 20211747,66950.412.81$30,323
Dec 2020655,00944.642.68$16,303
Nov 2020504,23338.772.71$13,395
Oct 2020363,73436.972.48$10,585
Sep 2020655,20537.091.99$12,774
Aug 2020615,61039.982.39$15,819
Jul 2020414,11438.371.83$9,082
Jun 2020563,57634.901.69$7,999
May 2020264,74516.921.81$9,051
Apr 20201023,17614.751.80$7,235
Mar 2020677,82730.341.86$16,561
Feb 2020773,76649.881.98$11,300
Jan 2020433,42357.252.09$9,632
Dec 2019883,05959.012.30$12,242
Nov 2019585,26855.302.75$17,698
Oct 2019433,69653.472.42$11,238
Sep 2019443,57355.052.66$11,917
Aug 2019533,10653.112.30$9,972
Jul 2019554,00456.272.46$12,945
Jun 2019513,30452.782.49$10,923
May 2019674,33758.482.74$15,803
Apr 2019884,67762.632.75$18,376
Mar 2019754,56756.803.06$18,245
Feb 2019713,12850.852.79$12,344
Jan 2019804,16046.033.23$17,112
Dec 2018663,12946.594.19$16,171
Nov 20181094,15152.934.24$23,358
Oct 20181026,80961.443.40$29,404
Sep 2018593,86759.543.11$15,532
Aug 2018542,31159.403.07$10,294
Jul 20181386,19265.142.93$27,144
Jun 2018674,06460.183.08$16,537
May 2018403,64965.382.90$13,200
Apr 2018011,08663.842.90$32,158
Mar 2018010,70961.222.79$29,844
Feb 201809,48761.782.77$26,242
Jan 2018010,36262.874.01$41,545
Dec 20175411,74957.272.92$37,418
Nov 20171499,56455.423.12$38,082
Oct 20171478,17849.292.98$31,646
Sep 20171428,35547.523.09$32,542
Aug 20171036,25945.373.00$23,478
Jul 20171106,78443.873.09$25,770
Jun 2017867,00042.493.09$25,265
May 20171164,96445.373.26$21,462
Apr 2017965,90447.933.21$23,563
Mar 20171056,19046.772.98$23,380
Feb 20171075,00750.452.95$20,182
Jan 20171427,27449.413.42$31,885
Dec 20161338,61848.763.72$38,568
Nov 20161599,22342.492.64$31,145
Oct 20161909,30446.193.09$37,528
Sep 201618010,53141.553.10$40,132
Aug 20161023,79741.442.92$15,331
Jul 2016997,73641.622.92$26,743
Jun 2016421,69745.352.69$6,463
May 2016875,14042.521.99$13,933
Apr 2016814,44336.561.99$11,808
Mar 2016874,55833.011.79$11,049
Feb 2016984,21326.472.06$11,288
Jan 2016915,33827.352.36$15,110
Dec 2015803,72332.362.00$10,040
Nov 2015886,36938.792.17$17,217
Oct 2015777,47743.552.43$21,497
Sep 2015259,66442.992.76$27,732
Aug 2015289,52240.162.87$28,476
Jul 2015346,75848.152.95$21,540
Jun 20153110,71056.152.88$32,616
May 2015258,05755.212.96$25,192
Apr 20153496,84849.822.71$35,922
Mar 2015936,60442.892.93$23,370
Feb 20151097,04744.662.98$25,841
Jan 20152378,15043.433.10$35,563
Dec 20141587,75854.693.59$36,503
Nov 20142898,60870.464.25$56,963
Oct 20142268,85878.303.90$52,251
Sep 20146710,17986.164.05$46,951
Aug 20147511,01989.394.04$51,167
Jul 2014425,33896.564.18$26,366
Jun 201410112,42498.164.74$68,765
May 201413315,67394.734.73$86,678
Apr 201418414,52895.944.81$87,520
Mar 201422418,12895.895.06$113,149
Feb 201423919,65697.406.19$144,989
Jan 201422516,60890.404.86$101,067
Dec 201328517,40891.824.35$101,971
Nov 201321515,93188.853.74$78,657
Oct 201327917,59197.423.78$93,663
Sep 201335012,640104.113.72$83,431
Aug 201340715,698104.253.52$97,728
Jul 20131,11013,621102.523.72$164,437
Jun 201346716,19994.403.93$107,802
May 201363924,10894.834.15$160,622
Apr 201323413,33993.964.28$79,112

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            53 bbl  × $106.41 =     $5,640
Gas                6,266 Mcf  × $  3.05 =    $19,085

────────────────────────────────────────────────────
Month total                                  $24,725

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/268889 is the state's own key, not one this site invented.