MAXWELL GAS UNIT

Operated by XTO ENERGY INC. (P-5 945936) 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 270985District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Jun 2013 – May 2026
Value, last 12 filed months
$965 k
at the published price for each month
Months reported
156
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 Gas112014-03-22212533
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
CondensateDisposition52,126 bbl$3,760,833
GasProduction2,841,348 Mcf$9,798,265
Total$13,559,098

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 32.3048, -94.4658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30477, -94.46579 · 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
10,166 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 10,166 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-365379632H10,166 ftJun 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 (156)

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

156 months

May 202616815,675106.413.05$65,620
Apr 202636715,56598.932.87$80,975
Mar 2026016,81289.753.15$52,948
Feb 202634716,27663.503.75$83,075
Jan 202618915,05659.138.00$131,592
Dec 202518418,17056.664.41$90,616
Nov 202517818,12258.593.93$81,584
Oct 202533518,66759.383.30$81,584
Sep 202518218,10862.743.08$67,136
Aug 202518418,94763.933.01$68,884
Jul 202519019,37066.743.32$76,896
Jun 202536719,09266.483.13$84,132
May 202518320,37660.553.23$76,942
Apr 202519420,08362.363.54$83,254
Mar 202537618,20067.704.27$103,139
Feb 2025018,32070.884.34$79,524
Jan 202537222,41174.324.28$123,537
Dec 202418923,05168.993.12$84,990
Nov 202437423,68369.052.20$77,890
Oct 202418825,98271.372.28$72,693
Sep 202435926,00169.612.36$86,466
Aug 2024027,97375.632.06$57,726
Jul 202451529,99679.932.15$105,553
Jun 2024029,95078.082.63$78,888
May 202435732,26778.812.20$99,072
Apr 202435632,55184.451.66$84,073
Mar 202418536,23280.301.55$70,839
Feb 202436330,85576.091.78$82,655
Jan 202436035,22373.023.30$142,441
Dec 202318825,87371.262.61$80,944
Nov 202316816,98377.892.81$60,766
Oct 20231866,71585.443.09$36,623
Sep 202303,57189.042.74$9,767
Aug 20231846,91780.522.67$33,304
Jul 20231796,88074.852.64$31,574
Jun 20231766,34568.962.26$26,467
May 202305,57570.622.23$12,418
Apr 202306,39478.122.24$14,308
Mar 20231926,28672.852.39$29,031
Feb 20231916,08175.112.47$29,340
Jan 20231835,95276.533.39$34,169
Dec 20221857,02376.415.73$54,371
Nov 202207,42885.005.65$41,940
Oct 20221827,23087.185.86$58,262
Sep 202207,58484.888.16$61,913
Aug 20221728,16694.529.13$90,790
Jul 20223657,468101.587.54$93,401
Jun 202208,596115.097.98$68,572
May 20221788,873109.378.43$94,294
Apr 20221797,235104.226.84$68,125
Mar 20221808,345108.885.08$61,961
Feb 20221797,63091.054.86$53,371
Jan 2022013,23081.844.54$60,034
Dec 202119412,35571.323.90$62,010
Nov 202103,76377.435.24$19,706
Oct 20211788,28179.795.71$61,519
Sep 20211837,86169.865.35$54,848
Aug 20211736,99266.024.22$40,932
Jul 20211827,54270.783.98$42,915
Jun 202107,07069.493.38$23,901
May 20213527,20163.483.02$44,075
Apr 20211907,68960.362.76$32,678
Mar 202108,17761.302.72$22,216
Feb 20211778,07457.805.55$55,025
Jan 20211778,60350.412.81$33,099
Dec 20201838,07544.642.68$29,773
Nov 20201808,38638.772.71$29,676
Oct 20203528,76036.972.48$34,724
Sep 202018,05537.091.99$16,075
Aug 20203569,25139.982.39$36,297
Jul 20201728,31138.371.83$21,768
Jun 20201857,94434.901.69$19,884
May 202008,15616.921.81$14,801
Apr 20201948,73214.751.80$18,617
Mar 20203699,29630.341.86$28,451
Feb 202008,77549.881.98$17,380
Jan 202018310,47557.252.09$32,419
Dec 20193729,68359.012.30$44,265
Nov 201907,98055.302.75$21,951
Oct 20191898,39653.472.42$30,412
Sep 20193658,24055.052.66$41,989
Aug 201908,64853.112.30$19,928
Jul 20193548,61356.272.46$41,108
Jun 201907,73552.782.49$19,269
May 20193598,57458.482.74$44,490
Apr 20191858,40562.632.75$34,706
Mar 20191869,06756.803.06$38,329
Feb 20191837,71450.852.79$30,845
Jan 20191889,44446.033.23$39,141
Dec 20181919,57146.594.19$48,958
Nov 20181869,52952.934.24$50,222
Oct 201819410,49461.443.40$47,579
Sep 201819210,71059.543.11$44,718
Aug 201818710,69759.403.07$43,911
Jul 201837411,34565.142.93$57,625
Jun 201818811,16960.183.08$45,680
May 201818411,51365.382.90$45,427
Apr 201836811,48063.842.90$56,794
Mar 201818810,61861.222.79$41,100
Feb 201836910,42861.782.77$51,642
Jan 201818512,59762.874.01$62,136
Dec 201737312,19457.272.92$56,987
Nov 2017012,34055.423.12$38,481
Oct 20171907,76849.292.98$32,542
Sep 20171829,89947.523.09$39,210
Aug 201718710,60345.373.00$40,340
Jul 20173609,76343.873.09$45,934
Jun 201718410,55542.493.09$40,404
May 201737210,58145.373.26$51,408
Apr 201718912,22247.933.21$48,311
Mar 201737413,09346.772.98$56,557
Feb 201737813,83050.452.95$59,905
Jan 201718615,24849.413.42$61,320
Dec 201619113,20848.763.72$58,484
Nov 201637813,26842.492.64$51,146
Oct 201618715,86346.193.09$57,658
Sep 201636415,66841.553.10$63,705
Aug 201636816,72041.442.92$64,145
Jul 201634814,87341.622.92$57,977
Jun 201637117,26945.352.69$63,206
May 201637918,10142.521.99$52,155
Apr 201619319,05936.561.99$45,003
Mar 201636720,57633.011.79$49,028
Feb 20161928,29026.472.06$22,190
Jan 201637318,81727.352.36$54,692
Dec 201555720,35832.362.00$58,769
Nov 201537220,72738.792.17$59,352
Oct 201537322,03043.552.43$69,702
Sep 201537021,81742.992.76$76,087
Aug 201555524,29340.162.87$92,070
Jul 201555322,51748.152.95$92,941
Jun 201536925,27956.152.88$93,595
May 201555825,97855.212.96$107,584
Apr 201536827,08249.822.71$91,633
Mar 201538221,15642.892.93$78,471
Feb 201537622,13544.662.98$82,670
Jan 201557628,99343.433.10$114,912
Dec 201456730,14154.693.59$139,256
Nov 201475929,48070.464.25$178,823
Oct 201457531,96778.303.90$169,724
Sep 201474631,12786.164.05$190,198
Aug 201455635,03389.394.04$191,063
Jul 201475038,14696.564.18$231,855
Jun 201455838,43298.164.74$236,821
May 201494042,25294.734.73$288,753
Apr 201495340,03195.944.81$283,945
Mar 201495947,37995.895.06$331,545
Feb 201493445,12697.406.19$370,392
Jan 20141,21353,46390.404.86$369,524
Dec 20131,19059,74891.824.35$369,437
Nov 20131,46154,86088.853.74$334,892
Oct 20131,77173,26897.423.78$449,437
Sep 20131,70477,924104.113.72$467,105
Aug 20132,27289,096104.253.52$550,706
Jul 20132,24293,466102.523.72$577,332
Jun 201338422,36894.403.93$124,232

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           168 bbl  × $106.41 =    $17,877
Gas               15,675 Mcf  × $  3.05 =    $47,744

────────────────────────────────────────────────────
Month total                                  $65,620

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/270985 is the state's own key, not one this site invented.