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 270319District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
May 2013 – May 2026
Value, last 12 filed months
$164 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
High Cost Gas112013-10-30211813
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
CondensateDisposition15,841 bbl$1,089,077
GasProduction983,785 Mcf$3,447,936
Total$4,537,013

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 32.0872, -94.4378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08722, -94.43776 · 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
9,665 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 9,665 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-36537937139,665 ftMay 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 (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

May 2026244,072106.413.05$14,957
Apr 2026294,38898.932.87$15,461
Mar 2026223,95389.753.15$14,424
Feb 2026203,21463.503.75$13,324
Jan 2026372,99259.138.00$26,118
Dec 2025283,26456.664.41$15,992
Nov 2025402,80658.593.93$13,361
Oct 2025372,78959.383.30$11,414
Sep 2025172,49962.743.08$8,756
Aug 2025272,31263.933.01$8,696
Jul 2025382,73366.743.32$11,597
Jun 2025262,51366.483.13$9,591
May 2025272,46260.553.23$9,593
Apr 2025372,36562.363.54$10,687
Mar 2025422,97167.704.27$15,525
Feb 2025422,82070.884.34$15,218
Jan 2025443,12674.324.28$16,645
Dec 2024583,45368.993.12$14,780
Nov 2024193,21469.052.20$8,378
Oct 2024829371.372.28$1,239
Sep 2024562,19669.612.36$9,090
Aug 2024383,74775.632.06$10,606
Jul 2024674,45779.932.15$14,923
Jun 2024454,19478.082.63$14,561
May 2024714,89878.812.20$16,363
Apr 2024514,18584.451.66$11,251
Mar 2024674,87580.301.55$12,913
Feb 2024664,21776.091.78$12,544
Jan 2024504,91473.023.30$19,856
Dec 2023473,93771.262.61$13,628
Nov 2023494,44177.892.81$16,285
Oct 2023594,17185.443.09$17,918
Sep 2023484,33189.042.74$16,119
Aug 2023484,28680.522.67$15,321
Jul 2023614,45474.852.64$16,332
Jun 2023473,55868.962.26$11,277
May 2023623,76370.622.23$12,760
Apr 2023554,12778.122.24$13,532
Mar 2023664,37472.852.39$15,276
Feb 2023684,26875.112.47$15,631
Jan 2023524,16976.533.39$18,103
Dec 2022683,65376.415.73$26,124
Nov 2022704,80385.005.65$33,069
Oct 2022785,76487.185.86$40,599
Sep 2022875,95084.888.16$55,958
Aug 2022706,22594.529.13$63,433
Jul 2022545,765101.587.54$48,965
Jun 2022565,511115.097.98$50,407
May 2022544,150109.378.43$40,903
Apr 2022404,224104.226.84$33,051
Mar 2022504,136108.885.08$26,440
Feb 2022483,86891.054.86$23,164
Jan 2022403,73881.844.54$20,235
Dec 2021303,42371.323.90$15,486
Nov 2021454,23877.435.24$25,678
Oct 2021513,48879.795.71$23,999
Sep 2021476,16069.865.35$36,245
Aug 2021624,93066.024.22$24,901
Jul 2021766,31170.783.98$30,510
Jun 2021445,36369.493.38$21,188
May 2021775,46863.483.02$21,389
Apr 2021444,62960.362.76$15,425
Mar 2021635,47761.302.72$18,743
Feb 2021614,90457.805.55$30,733
Jan 2021765,17150.412.81$18,363
Dec 2020474,95144.642.68$15,344
Nov 2020574,56138.772.71$14,555
Oct 2020435,69736.972.48$15,709
Sep 2020645,32337.091.99$12,972
Aug 2020756,45139.982.39$18,385
Jul 2020667,09238.371.83$15,476
Jun 2020927,04434.901.69$15,117
May 2020407,47716.921.81$14,246
Apr 20201236,56414.751.80$13,658
Mar 2020456,43430.341.86$13,308
Feb 2020996,23149.881.98$17,280
Jan 2020666,18257.252.09$16,728
Dec 20191217,31459.012.30$23,994
Nov 2019617,23355.302.75$23,269
Oct 2019467,13653.472.42$19,718
Sep 2019557,28555.052.66$22,386
Aug 2019668,45653.112.30$22,991
Jul 2019526,20456.272.46$18,188
Jun 2019456,26152.782.49$17,973
May 2019355,86458.482.74$18,116
Apr 2019334,49662.632.75$14,434
Mar 2019284,27256.803.06$14,672
Feb 2019253,10250.852.79$9,933
Jan 2019353,45046.033.23$12,748
Dec 2018305,48746.594.19$24,363
Nov 2018224,42452.934.24$19,910
Oct 2018173,35661.443.40$12,448
Sep 2018204,25159.543.11$14,403
Aug 2018214,29359.403.07$14,412
Jul 2018294,24565.142.93$14,335
Jun 2018224,51860.183.08$15,225
May 2018325,01665.382.90$16,643
Apr 2018385,25563.842.90$17,670
Mar 2018334,94561.222.79$15,801
Feb 2018324,21561.782.77$13,636
Jan 2018364,83062.874.01$21,628
Dec 2017694,53157.272.92$17,189
Nov 20171206,71855.423.12$27,600
Oct 20171306,57349.292.98$26,019
Sep 20171446,62447.523.09$27,293
Aug 20171457,52045.373.00$29,172
Jul 20171799,44943.873.09$37,024
Jun 201714911,06442.493.09$40,489
May 20171325,52645.373.26$24,022
Apr 20171083,96147.933.21$17,898
Mar 20171565,46046.772.98$23,587
Feb 20171576,26350.452.95$26,413
Jan 20171404,23549.413.42$21,396
Dec 20161666,94048.763.72$33,931
Nov 20162078,29242.492.64$30,722
Oct 20162058,86346.193.09$36,858
Sep 20161615,72641.553.10$24,444
Aug 20162186,23541.442.92$27,267
Jul 20162038,75341.622.92$34,046
Jun 20162229,35545.352.69$35,194
May 20162139,26442.521.99$27,502
Apr 20161426,48836.561.99$18,109
Mar 20161305,54233.011.79$14,234
Feb 20161234,36626.472.06$12,266
Jan 20161024,74127.352.36$13,999
Dec 2015863,50732.362.00$9,802
Nov 2015783,92238.792.17$11,526
Oct 20151426,22643.552.43$21,292
Sep 20151076,49642.992.76$22,519
Aug 20151208,30840.162.87$28,684
Jul 20151217,78948.152.95$28,765
Jun 20151286,98856.152.88$27,333
May 20151086,12655.212.96$24,068
Apr 2015636,55749.822.71$20,886
Mar 2015823,70142.892.93$14,378
Feb 2015883,71044.662.98$14,972
Jan 2015815,30243.433.10$19,957
Dec 20143514,62754.693.59$35,813
Nov 20141276,22870.464.25$35,429
Oct 20142678,49578.303.90$54,045
Sep 201453713,04186.164.05$99,025
Aug 201464612,54189.394.04$108,350
Jul 201453113,78196.564.18$108,872
Jun 201469914,75098.164.74$138,483
May 201433213,17494.734.73$93,718
Apr 201418512,33195.944.81$77,050
Mar 201418211,80995.895.06$77,168
Feb 201418411,78697.406.19$90,901
Jan 201425914,98590.404.86$96,251
Dec 201336217,07091.824.35$107,570
Nov 201331418,55088.853.74$97,244
Oct 201336119,91797.423.78$110,442
Sep 201329612,184104.113.72$76,114
Aug 201332017,046104.253.52$93,406
Jul 2013036,172102.523.72$134,478
Jun 2013230,03294.403.93$118,317
May 2013241,08094.834.15$6,757

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            24 bbl  × $106.41 =     $2,554
Gas                4,072 Mcf  × $  3.05 =    $12,403

────────────────────────────────────────────────────
Month total                                  $14,957

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/270319 is the state's own key, not one this site invented.