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 269463District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Apr 2013 – May 2026
Value, last 12 filed months
$27 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 Gas112013-09-04211236
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
CondensateDisposition13,869 bbl$1,014,013
GasProduction832,198 Mcf$2,951,454
Total$3,965,467

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 32.0831, -94.4291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08314, -94.42909 · 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
9,646 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 9,646 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-36537935119,646 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 20263328106.413.05$1,318
Apr 202607098.932.87$201
Mar 202626389.753.15$378
Feb 2026338163.503.75$1,619
Jan 2026730959.138.00$2,885
Dec 2025557056.664.41$2,799
Nov 2025636158.593.93$1,769
Oct 2025420959.383.30$928
Sep 2025825062.743.08$1,271
Aug 20251394463.933.01$3,677
Jul 20252399966.743.32$4,847
Jun 2025221,30266.483.13$5,536
May 2025231,66160.553.23$6,762
Apr 2025251,42862.363.54$6,619
Mar 2025181,21267.704.27$6,392
Feb 20253671270.884.34$5,642
Jan 2025553,12674.324.28$17,463
Dec 2024382,70568.993.12$11,065
Nov 20241069.052.20$69
Oct 202439971.372.28$440
Sep 20241066469.612.36$2,266
Aug 20242020275.632.06$1,929
Jul 2024472,17879.932.15$8,432
Jun 2024332,22878.082.63$8,445
May 2024562,61978.812.20$10,171
Apr 2024432,88184.451.66$8,412
Mar 2024632,49180.301.55$8,908
Feb 2024643,71376.091.78$11,492
Jan 2024503,07073.023.30$13,775
Dec 2023493,27471.262.61$12,039
Nov 2023543,10977.892.81$12,935
Oct 2023804,29585.443.09$20,095
Sep 2023594,08589.042.74$16,426
Aug 2023553,69580.522.67$14,305
Jul 2023723,66774.852.64$15,077
Jun 2023513,21768.962.26$10,782
May 2023632,60770.622.23$10,256
Apr 2023603,36278.122.24$12,211
Mar 2023653,27472.852.39$12,570
Feb 2023572,82575.112.47$11,247
Jan 2023452,33276.533.39$11,344
Dec 2022692,87476.415.73$21,738
Nov 2022583,26685.005.65$23,370
Oct 2022572,99787.185.86$22,543
Sep 2022673,49884.888.16$34,244
Aug 2022543,27394.529.13$34,977
Jul 2022443,559101.587.54$31,312
Jun 2022552,924115.097.98$29,655
May 2022644,447109.378.43$44,501
Apr 2022123,099104.226.84$22,440
Mar 2022173,188108.885.08$18,035
Feb 2022213,93891.054.86$21,046
Jan 2022194,20081.844.54$20,613
Dec 2021123,83771.323.90$15,817
Nov 2021373,97277.435.24$23,666
Oct 2021802,87479.795.71$22,805
Sep 2021704,50669.865.35$29,001
Aug 20211064,37666.024.22$25,467
Jul 20211034,46270.783.98$25,058
Jun 2021563,35469.493.38$15,230
May 2021853,84763.483.02$17,005
Apr 2021202,43760.362.76$7,929
Mar 2021242,91661.302.72$9,394
Feb 2021181,70357.805.55$10,489
Jan 2021292,34650.412.81$8,055
Dec 2020322,30044.642.68$7,582
Nov 2020653,08838.772.71$10,878
Oct 2020484,33936.972.48$12,528
Sep 2020653,40237.091.99$9,184
Aug 2020754,33939.982.39$13,347
Jul 2020604,23238.371.83$10,026
Jun 2020733,97534.901.69$9,267
May 2020283,32016.921.81$6,499
Apr 2020852,97514.751.80$6,622
Mar 2020293,67930.341.86$7,709
Feb 2020412,03049.881.98$6,066
Jan 2020342,49157.252.09$7,165
Dec 2019643,21459.012.30$11,183
Nov 2019393,17555.302.75$10,890
Oct 2019413,80453.472.42$11,392
Sep 2019514,68655.052.66$15,260
Aug 2019754,70953.112.30$14,834
Jul 2019888,26956.272.46$25,294
Jun 2019635,48552.782.49$16,989
May 2019795,45358.482.74$19,563
Apr 20191406,45962.632.75$26,535
Mar 20191339,38456.803.06$36,289
Feb 2019965,15750.852.79$19,281
Jan 20191095,22046.033.23$21,868
Dec 2018695,98046.594.19$28,244
Nov 2018394,92752.934.24$22,941
Oct 2018354,95561.443.40$18,988
Sep 2018405,57959.543.11$19,721
Aug 2018517,24059.403.07$25,231
Jul 2018515,91965.142.93$20,676
Jun 2018284,34760.183.08$15,060
May 2018153,64265.382.90$11,545
Apr 201804,29463.842.90$12,456
Mar 201804,67261.222.79$13,020
Feb 201805,07761.782.77$14,044
Jan 201806,18562.874.01$24,798
Dec 2017295,34657.272.92$17,279
Nov 2017854,59155.423.12$19,027
Oct 2017964,95449.292.98$19,513
Sep 2017984,31447.523.09$17,975
Aug 2017955,44945.373.00$20,681
Jul 2017945,02943.873.09$19,650
Jun 2017795,60342.493.09$20,655
May 20171447,19045.373.26$29,997
Apr 2017675,93747.933.21$22,279
Mar 2017745,93046.772.98$21,154
Feb 2017745,37550.452.95$19,604
Jan 2017745,61749.413.42$22,860
Dec 2016635,87148.763.72$24,929
Nov 2016705,81642.492.64$18,354
Oct 2016736,47846.193.09$23,391
Sep 2016625,43341.553.10$19,422
Aug 2016816,18741.442.92$21,450
Jul 2016526,50641.622.92$21,190
Jun 2016342,84145.352.69$9,172
May 2016695,53042.521.99$13,944
Apr 2016955,76236.561.99$14,946
Mar 20161105,98033.011.79$14,359
Feb 20161517,10926.472.06$18,667
Jan 20161509,11027.352.36$25,642
Dec 20151578,99732.362.00$23,087
Nov 2015849,09038.792.17$22,959
Oct 2015284,86543.552.43$13,025
Sep 2015365,03442.992.76$15,434
Aug 2015565,07140.162.87$16,815
Jul 2015647,55448.152.95$25,329
Jun 2015718,96656.152.88$29,834
May 2015598,49955.212.96$28,376
Apr 20151258,80149.822.71$30,048
Mar 20151647,61442.892.93$29,379
Feb 20151908,08044.662.98$32,533
Jan 20151309,54543.433.10$35,241
Dec 20142039,22254.693.59$44,222
Nov 201414110,58370.464.25$54,932
Oct 20141324,56778.303.90$28,151
Sep 201416110,85786.164.05$57,793
Aug 201420111,69089.394.04$65,138
Jul 201413810,44796.564.18$56,990
Jun 20141819,36098.164.74$62,104
May 201426415,05894.734.73$96,181
Apr 201426216,52195.944.81$104,588
Mar 201427618,10595.895.06$118,019
Feb 201424415,16497.406.19$117,661
Jan 201434120,01290.404.86$128,099
Dec 201329714,21891.824.35$89,183
Nov 201322912,89488.853.74$68,548
Oct 201331615,06897.423.78$87,732
Sep 201330911,622104.113.72$75,378
Aug 201338314,550104.253.52$91,182
Jul 20131,08214,020102.523.72$163,049
Jun 201344515,96094.403.93$104,785
May 201355624,90194.834.15$156,042
Apr 20131689393.964.28$5,328

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             3 bbl  × $106.41 =       $319
Gas                  328 Mcf  × $  3.05 =       $999

────────────────────────────────────────────────────
Month total                                   $1,318

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/269463 is the state's own key, not one this site invented.