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 268890District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$2.9 M
Mar 2013 – Mar 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
157
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
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
CondensateDisposition11,330 bbl$766,354
GasProduction607,464 Mcf$2,133,307
Total$2,899,661

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 32.0895, -94.4279. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08953, -94.42794 · 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
9,735 ft
1 wells filed one
Completion to plug
12.8 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 9,735 ft.

Completions filed
Mar 2013
1 of 1 wells
Plug dates filed
Dec 2025
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36537927189,735 ftMar 2013Dec 2025Yes

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 (157)

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

157 months

Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20263059.138.00$177
Dec 20251661756.664.41$3,630
Nov 2025372,47058.593.93$11,866
Oct 2025322,27259.383.30$9,409
Sep 2025172,06862.743.08$7,430
Aug 2025222,08063.933.01$7,677
Jul 2025251,65666.743.32$7,158
Jun 2025201,64266.483.13$6,467
May 2025201,91960.553.23$7,414
Apr 2025191,25762.363.54$5,639
Mar 2025231,35967.704.27$7,358
Feb 2025301,57170.884.34$8,946
Jan 2025352,42074.324.28$12,956
Dec 2024462,47868.993.12$10,908
Nov 2024312,44969.052.20$7,525
Oct 2024232,75571.372.28$7,927
Sep 2024382,31169.612.36$8,109
Aug 2024171,56675.632.06$4,517
Jul 2024331,93779.932.15$6,796
Jun 2024241,96478.082.63$7,047
May 2024362,26878.812.20$7,823
Apr 2024262,10184.451.66$5,682
Mar 2024332,22080.301.55$6,080
Feb 2024311,97976.091.78$5,889
Jan 2024262,14973.023.30$8,985
Dec 2023241,95371.262.61$6,809
Nov 2023282,12977.892.81$8,158
Oct 2023382,57985.443.09$11,209
Sep 2023312,57589.042.74$9,803
Aug 2023332,70480.522.67$9,885
Jul 2023472,88274.852.64$11,132
Jun 2023332,77168.962.26$8,534
May 2023442,00870.622.23$7,580
Apr 2023493,28478.122.24$11,177
Mar 2023563,71472.852.39$12,968
Feb 2023392,88375.112.47$10,038
Jan 2023301,63176.533.39$7,821
Dec 2022542,80376.415.73$20,185
Nov 2022523,35385.005.65$23,352
Oct 2022533,87187.185.86$27,319
Sep 2022563,31984.888.16$31,849
Aug 2022513,97894.529.13$41,128
Jul 2022414,088101.587.54$34,997
Jun 2022423,717115.097.98$34,485
May 2022593,200109.378.43$33,439
Apr 2022824,044104.226.84$36,197
Mar 2022984,031108.885.08$31,133
Feb 2022813,13791.054.86$22,617
Jan 2022813,25381.844.54$21,390
Dec 2021533,50271.323.90$17,435
Nov 2021633,00777.435.24$20,625
Oct 2021522,76079.795.71$19,919
Sep 2021413,45569.865.35$21,352
Aug 2021663,65266.024.22$19,771
Jul 2021663,62170.783.98$19,091
Jun 2021393,15769.493.38$13,383
May 2021773,53663.483.02$15,558
Apr 2021562,90260.362.76$11,385
Mar 2021895,63361.302.72$20,760
Feb 2021652,61157.805.55$18,243
Jan 20211074,86150.412.81$19,055
Dec 2020443,34444.642.68$10,911
Nov 2020512,61838.772.71$9,063
Oct 2020393,98536.972.48$11,318
Sep 2020463,04437.091.99$7,767
Aug 2020462,70039.982.39$8,279
Jul 2020453,47838.371.83$8,074
Jun 2020593,42934.901.69$7,855
May 2020293,37016.921.81$6,606
Apr 20201514,81114.751.80$10,908
Mar 2020833,17030.341.86$8,402
Feb 20202023,38549.881.98$16,780
Jan 20201293,78257.252.09$15,308
Dec 20192073,34159.012.30$19,914
Nov 2019873,52655.302.75$14,510
Oct 2019334,32053.472.42$12,213
Sep 2019343,77055.052.66$11,890
Aug 2019453,72253.112.30$10,967
Jul 2019515,17356.272.46$15,596
Jun 2019414,60152.782.49$13,626
May 2019443,97058.482.74$13,452
Apr 2019782,32962.632.75$11,292
Mar 2019793,60256.803.06$15,517
Feb 2019622,25750.852.79$9,455
Jan 2019652,21646.033.23$10,146
Dec 2018502,28746.594.19$11,902
Nov 2018473,13052.934.24$15,750
Oct 2018413,15761.443.40$13,247
Sep 2018423,33159.543.11$12,853
Aug 2018493,63859.403.07$14,067
Jul 2018643,70465.142.93$15,029
Jun 2018613,14260.183.08$13,339
May 2018577,18965.382.90$24,581
Apr 201804,49563.842.90$13,039
Mar 201804,83661.222.79$13,477
Feb 201803,92061.782.77$10,843
Jan 201803,45862.874.01$13,864
Dec 2017204,22457.272.92$13,486
Nov 2017694,74255.423.12$18,611
Oct 2017966,93349.292.98$25,418
Sep 20171096,99747.523.09$26,781
Aug 20171098,54045.373.00$30,603
Jul 20171089,22543.873.09$33,218
Jun 2017757,80842.493.09$27,292
May 20171086,69245.373.26$26,739
Apr 2017714,62347.933.21$18,250
Mar 2017754,41646.772.98$16,684
Feb 2017733,70550.452.95$14,622
Jan 2017864,53049.413.42$19,736
Dec 2016785,10848.763.72$22,820
Nov 2016935,89542.492.64$19,540
Oct 2016775,04646.193.09$19,150
Sep 2016644,24741.553.10$15,828
Aug 2016754,14741.442.92$15,235
Jul 2016504,77841.622.92$16,054
Jun 20161976145.352.69$2,906
May 2016623,66242.521.99$9,927
Apr 2016912,83636.561.99$8,974
Mar 20161032,97033.011.79$8,728
Feb 20161283,33726.472.06$10,274
Jan 20161133,60327.352.36$11,609
Dec 20151153,47232.362.00$10,670
Nov 2015803,59938.792.17$10,903
Oct 2015613,51043.552.43$11,174
Sep 2015633,39542.992.76$12,073
Aug 2015803,67140.162.87$13,758
Jul 2015933,70448.152.95$15,387
Jun 20151044,25956.152.88$18,118
May 2015953,83855.212.96$16,588
Apr 20151084,83549.822.71$18,467
Mar 20151164,60542.892.93$18,490
Feb 2015973,52944.662.98$14,835
Jan 2015793,38943.433.10$13,939
Dec 20141213,30054.693.59$18,469
Nov 2014913,41870.464.25$20,945
Oct 2014893,92278.303.90$22,268
Sep 2014653,15986.164.05$18,380
Aug 2014853,42489.394.04$21,414
Jul 2014723,74596.564.18$22,605
Jun 20141024,30498.164.74$30,400
May 20141054,31094.734.73$30,318
Apr 20141067,89995.944.81$48,157
Mar 20141098,07695.895.06$51,291
Feb 20141067,65297.406.19$57,706
Jan 20141368,96690.404.86$55,876
Dec 20131729,35791.824.35$56,538
Nov 20131369,15588.853.74$46,308
Oct 20131398,75597.423.78$46,630
Sep 20131093,344104.113.72$23,780
Aug 20131364,279104.253.52$29,251
Jul 20133803,929102.523.72$53,565
Jun 20131885,42794.403.93$39,094
May 201346612,08594.834.15$94,332
Apr 201346524,86893.964.28$150,191
Mar 20131095,11793.623.91$30,227

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.

Jan 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 59.13 =       $177
Gas                    0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                     $177

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/268890 is the state's own key, not one this site invented.