CLEMENTS GU1

Operated by EQV OPERATING LLC (P-5 101634) in the LANSING, N. (COTTON VALLEY, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 270466District 06Field 520020502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
May 2013 – May 2026
Value, last 12 filed months
$296 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 54 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-12-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-04-23.

The Commission's schedule remark for this field reads: PERTAINING TO PERMITTING.

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 Gas112014-06-10213374
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
CondensateDisposition8,254 bbl$566,359
GasProduction2,966,986 Mcf$10,593,743
Total$11,160,102

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 32.5868, -94.6627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58683, -94.66268 · 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
10,492 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 10,492 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-203351451H10,492 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 202606,368106.413.05$19,396
Apr 2026866,69198.932.87$27,709
Mar 202606,72589.753.15$21,180
Feb 2026057063.503.75$2,138
Jan 202606,85159.138.00$54,794
Dec 202507,38956.664.41$32,610
Nov 202506,37558.593.93$25,031
Oct 202506,55259.383.30$21,653
Sep 202504,74662.743.08$14,603
Aug 202506,45063.933.01$19,445
Jul 202507,76766.743.32$25,749
Jun 20251217,50366.483.13$31,519
May 202508,07260.553.23$26,091
Apr 202507,71562.363.54$27,335
Mar 202508,58067.704.27$36,622
Feb 202507,71870.884.34$33,503
Jan 202509,09074.324.28$38,893
Dec 20241429,84468.993.12$40,523
Nov 2024011,88069.052.20$26,117
Oct 2024018,32671.372.28$41,809
Sep 202409,74369.612.36$23,036
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202401,86076.091.78$3,318
Jan 202406,81273.023.30$22,464
Dec 202308,11371.262.61$21,181
Nov 202308,58577.892.81$24,103
Oct 202308,45685.443.09$26,106
Sep 202302,83589.042.74$7,754
Aug 202308,36980.522.67$22,369
Jul 202308,44574.852.64$22,310
Jun 20231368,02268.962.26$27,496
May 202308,47770.622.23$18,882
Apr 202308,31178.122.24$18,598
Mar 202308,61672.852.39$20,619
Feb 202307,82275.112.47$19,287
Jan 202308,46376.533.39$28,670
Dec 202208,81676.415.73$50,508
Nov 202207,52885.005.65$42,505
Oct 202208,92187.185.86$52,311
Sep 202208,52284.888.16$69,571
Aug 2022409,05794.529.13$86,445
Jul 202209,145101.587.54$68,972
Jun 202208,895115.097.98$70,957
May 202209,274109.378.43$78,208
Apr 202209,121104.226.84$62,366
Mar 202209,384108.885.08$47,637
Feb 20221748,55591.054.86$57,410
Jan 202208,80881.844.54$39,968
Dec 202108,86371.323.90$34,558
Nov 202109,31577.435.24$48,781
Oct 202109,69579.795.71$55,396
Sep 202109,59269.865.35$51,326
Aug 20211739,95366.024.22$53,429
Jul 2021010,11970.783.98$40,295
Jun 202109,87469.493.38$33,380
May 2021010,53163.483.02$31,779
Apr 2021010,13860.362.76$27,965
Mar 2021011,18761.302.72$30,394
Feb 202107,61657.805.55$42,253
Jan 2021010,53350.412.81$29,601
Dec 20203810,45744.642.68$29,674
Nov 202017610,39338.772.71$34,953
Oct 2020010,69536.972.48$26,507
Sep 2020010,06737.091.99$20,044
Aug 2020010,93239.982.39$26,074
Jul 2020011,16038.371.83$20,368
Jun 2020010,72234.901.69$18,124
May 2020011,19716.921.81$20,320
Apr 202017210,58814.751.80$21,642
Mar 2020011,23430.341.86$20,853
Feb 2020010,33549.881.98$20,470
Jan 202018111,35957.252.09$34,156
Dec 2019011,14859.012.30$25,689
Nov 2019011,03255.302.75$30,346
Oct 2019012,05853.472.42$29,163
Sep 2019011,85155.052.66$31,491
Aug 2019012,30953.112.30$28,364
Jul 2019012,52956.272.46$30,822
Jun 2019012,17052.782.49$30,318
May 201916712,87958.482.74$45,059
Apr 2019012,35562.632.75$33,985
Mar 2019012,90456.803.06$39,513
Feb 2019011,72350.852.79$32,733
Jan 201917913,13046.033.23$50,625
Dec 2018013,06146.594.19$54,666
Nov 2018012,87952.934.24$54,571
Oct 2018013,76361.443.40$46,768
Sep 2018013,65859.543.11$42,449
Aug 2018014,07259.403.07$43,153
Jul 2018015,13665.142.93$44,377
Jun 2018014,67060.183.08$45,138
May 201815614,25265.382.90$51,541
Apr 2018014,65863.842.90$42,520
Mar 2018015,24261.222.79$42,477
Feb 2018014,28361.782.77$39,508
Jan 2018015,94262.874.01$63,917
Dec 20175416,52857.272.92$51,379
Nov 2017016,27355.423.12$50,745
Oct 2017017,36549.292.98$51,812
Sep 2017017,32047.523.09$53,472
Aug 2017017,74645.373.00$53,316
Jul 2017017,60243.873.09$54,342
Jun 201716416,12542.493.09$56,751
May 2017016,60545.373.26$54,189
Apr 20173116,43447.933.21$54,265
Mar 201717817,07746.772.98$59,277
Feb 2017516,01750.452.95$47,544
Jan 201717718,02849.413.42$70,380
Dec 2016218,34948.763.72$68,408
Nov 2016018,00142.492.64$47,601
Oct 201616219,12546.193.09$66,584
Sep 2016019,07841.553.10$59,154
Aug 2016020,52541.442.92$60,022
Jul 201617321,07141.622.92$68,819
Jun 2016020,63345.352.69$55,417
May 2016022,16442.521.99$44,129
Apr 201618020,29636.561.99$46,991
Mar 2016021,99533.011.79$39,459
Feb 201619521,19026.472.06$48,890
Jan 2016422,91627.352.36$54,291
Dec 201521223,61032.362.00$54,114
Nov 2015824,12238.792.17$52,591
Oct 201518624,63543.552.43$67,879
Sep 2015624,84642.992.76$68,794
Aug 201520127,10240.162.87$85,922
Jul 2015027,56648.152.95$81,184
Jun 201519026,29456.152.88$86,470
May 201518628,86855.212.96$95,587
Apr 2015029,26049.822.71$79,194
Mar 201518430,90042.892.93$98,574
Feb 201519128,91944.662.98$94,599
Jan 2015034,61543.433.10$107,328
Dec 201418734,00254.693.59$132,340
Nov 201418635,05270.464.25$162,141
Oct 2014037,85378.303.90$147,663
Sep 201418438,42586.164.05$171,299
Aug 201418641,18489.394.04$182,809
Jul 2014043,06696.564.18$179,999
Jun 201418743,64798.164.74$225,107
May 201418548,10694.734.73$244,901
Apr 201418048,34195.944.81$249,747
Mar 201418953,28195.895.06$287,555
Feb 201418651,07897.406.19$334,391
Jan 201438260,40090.404.86$328,120
Dec 201319265,13791.824.35$301,267
Nov 201319168,73788.853.74$273,929
Oct 201356277,58997.423.78$347,987
Sep 201323094,091104.113.72$373,751
Aug 20130115,951104.253.52$408,450
Jul 2013367128,983102.523.72$517,150
Jun 20130159,46594.403.93$627,241
May 2013304,97294.834.15$23,474

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             0 bbl  × $106.41 =         $0
Gas                6,368 Mcf  × $  3.05 =    $19,396

────────────────────────────────────────────────────
Month total                                  $19,396

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/270466 is the state's own key, not one this site invented.