CARTHAGE GAS UNIT 17

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271417District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Aug 2013 – May 2026
Value, last 12 filed months
$227 k
at the published price for each month
Months reported
154
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112014-03-22212717
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
CondensateDisposition21,552 bbl$1,412,540
GasProduction1,302,125 Mcf$4,726,636
Total$6,139,177

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 32.0846, -94.4448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08461, -94.44476 · 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
11,316 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 11,316 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-365379401411,316 ftMar 2014

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 (154)

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

154 months

May 20262655,145106.413.05$43,870
Apr 20263264,99898.932.87$46,594
Mar 20261644,77489.753.15$29,754
Feb 2026724,61363.503.75$21,872
Jan 2026704,59559.138.00$40,890
Dec 2025302,13656.664.41$11,127
Nov 2025391,44458.593.93$7,955
Oct 2025331,11359.383.30$5,638
Sep 2025171,09762.743.08$4,442
Aug 2025241,06963.933.01$4,757
Jul 2025311,12666.743.32$5,802
Jun 2025241,01266.483.13$4,762
May 2025231,09560.553.23$4,932
Apr 20252999162.363.54$5,320
Mar 2025311,04867.704.27$6,572
Feb 2025361,04170.884.34$7,070
Jan 2025371,36974.324.28$8,607
Dec 2024441,29668.993.12$7,081
Nov 2024311,16769.052.20$4,706
Oct 2024231,45571.372.28$4,961
Sep 2024591,17569.612.36$6,885
Aug 2024361,86775.632.06$6,575
Jul 2024662,08279.932.15$9,745
Jun 2024431,96278.082.63$8,525
May 2024742,16878.812.20$10,598
Apr 2024642,62084.451.66$9,752
Mar 2024792,77880.301.55$10,636
Feb 2024792,46076.091.78$10,399
Jan 2024592,82073.023.30$13,608
Dec 2023532,23571.262.61$9,612
Nov 2023542,35977.892.81$10,829
Oct 2023662,28785.443.09$12,700
Sep 2023552,26589.042.74$11,092
Aug 2023572,53280.522.67$11,357
Jul 2023842,57974.852.64$13,101
Jun 2023622,72868.962.26$10,437
May 2023781,95770.622.23$9,867
Apr 2023802,90078.122.24$12,739
Mar 2023903,00672.852.39$13,750
Feb 2023852,50375.112.47$12,556
Jan 2023742,66676.533.39$14,695
Dec 20221072,85476.415.73$24,527
Nov 2022993,48685.005.65$28,098
Oct 2022993,64287.185.86$29,987
Sep 20221063,46184.888.16$37,252
Aug 2022913,62094.529.13$41,642
Jul 2022783,866101.587.54$37,081
Jun 2022983,957115.097.98$42,845
May 20221194,397109.378.43$50,095
Apr 2022984,294104.226.84$39,574
Mar 20221264,566108.885.08$36,898
Feb 20221103,87391.054.86$28,834
Jan 2022963,92581.844.54$25,667
Dec 2021633,30771.323.90$17,388
Nov 2021823,74377.435.24$25,951
Oct 2021642,03579.795.71$16,734
Sep 2021593,46869.865.35$22,679
Aug 20211083,98666.024.22$23,953
Jul 20211174,59070.783.98$26,559
Jun 2021653,63669.493.38$16,809
May 20211263,80063.483.02$19,466
Apr 2021823,65560.362.76$15,032
Mar 20211073,98761.302.72$17,392
Feb 20211003,01257.805.55$22,490
Jan 20211574,28850.412.81$19,965
Dec 2020934,16744.642.68$15,300
Nov 20201174,13038.772.71$15,714
Oct 2020875,21036.972.48$16,129
Sep 20201204,89537.091.99$14,197
Aug 20201194,75639.982.39$16,101
Jul 20201024,89738.371.83$12,851
Jun 20201515,11034.901.69$13,907
May 2020695,69116.921.81$11,495
Apr 20202515,75814.751.80$14,092
Mar 20201076,07930.341.86$14,530
Feb 20202446,10349.881.98$24,259
Jan 20201656,59957.252.09$23,269
Dec 20192776,84859.012.30$32,126
Nov 20191596,78655.302.75$27,459
Oct 20191416,75053.472.42$23,864
Sep 20191116,68755.052.66$23,880
Aug 2019901,98253.112.30$9,347
Jul 20191576,46656.272.46$24,741
Jun 20191255,18952.782.49$19,524
May 20191095,00658.482.74$20,092
Apr 20191136,01862.632.75$23,631
Mar 20191005,57356.803.06$22,745
Feb 2019924,42050.852.79$17,020
Jan 20191024,83846.033.23$20,313
Dec 2018824,63146.594.19$23,203
Nov 2018814,43852.934.24$23,092
Oct 2018613,63361.443.40$16,093
Sep 2018573,63859.543.11$14,701
Aug 2018583,20059.403.07$13,258
Jul 2018893,46165.142.93$15,945
Jun 2018674,20960.183.08$16,983
May 2018733,81565.382.90$15,839
Apr 2018933,70763.842.90$16,690
Mar 20181216,20461.222.79$24,697
Feb 20181275,89561.782.77$24,152
Jan 20181547,34962.874.01$39,146
Dec 20171737,25157.272.92$31,092
Nov 20171557,27755.423.12$31,282
Oct 20171737,56549.292.98$31,099
Sep 20171827,39647.523.09$31,482
Aug 20171617,94945.373.00$31,187
Jul 20171587,59243.873.09$30,370
Jun 20171257,66842.493.09$28,985
May 20172238,23445.373.26$36,988
Apr 20171568,26947.933.21$34,034
Mar 20171768,66046.772.98$34,070
Feb 20171797,66750.452.95$31,668
Jan 20172089,36849.413.42$42,305
Dec 201617810,41548.763.72$47,453
Nov 20161769,28842.492.64$32,039
Oct 20161698,78346.193.09$34,948
Sep 20161689,00941.553.10$34,914
Aug 201623411,23341.442.92$42,546
Jul 201617311,50941.622.92$40,856
Jun 201618011,90545.352.69$40,138
May 201616110,54442.521.99$27,839
Apr 20161226,81936.561.99$18,037
Mar 20161316,38833.011.79$15,784
Feb 20161857,90826.472.06$21,216
Jan 201618410,09927.352.36$28,910
Dec 201520510,28432.362.00$27,216
Nov 201515812,23138.792.17$32,637
Oct 201511911,92843.552.43$34,127
Sep 201513515,71542.992.76$49,152
Aug 201516717,61640.162.87$57,309
Jul 201516719,84548.152.95$66,486
Jun 201518116,92856.152.88$58,964
May 201515515,30955.212.96$53,803
Apr 201529416,85349.822.71$60,261
Mar 201538221,51742.892.93$79,530
Feb 201532616,75844.662.98$64,434
Jan 201517712,34243.433.10$45,955
Dec 201437817,87254.693.59$84,858
Nov 201425318,42270.464.25$96,154
Oct 201419915,94478.303.90$77,779
Sep 201412718,96386.164.05$87,656
Aug 201417221,21789.394.04$100,988
Jul 201414823,67796.564.18$113,251
Jun 201422728,83598.164.74$158,870
May 201430033,49594.734.73$186,735
Apr 201444038,38395.944.81$226,802
Mar 201438631,44395.895.06$196,015
Feb 201442634,54997.406.19$255,420
Jan 201481742,71890.404.86$281,497
Dec 201361651,04991.824.35$278,853
Nov 201372557,21988.853.74$278,317
Oct 201337548,94897.423.78$221,525
Sep 2013054,075104.113.72$201,037
Aug 201303,075104.253.52$10,832

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           265 bbl  × $106.41 =    $28,199
Gas                5,145 Mcf  × $  3.05 =    $15,671

────────────────────────────────────────────────────
Month total                                  $43,870

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/271417 is the state's own key, not one this site invented.