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 271778District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jul 2013 – May 2026
Value, last 12 filed months
$336 k
at the published price for each month
Months reported
155
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 Gas112014-04-10213022
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
CondensateDisposition11,110 bbl$728,000
GasProduction1,028,001 Mcf$3,682,372
Total$4,410,372

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 32.0818, -94.4510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08178, -94.45097 · 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
11,350 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 11,350 ft.

Completions filed
Sep 2024
1 of 1 wells

1 well

42-365379531011,350 ftSep 2024

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 (155)

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

155 months

May 20261065,774106.413.05$28,866
Apr 20261346,35998.932.87$31,505
Mar 20261156,08889.753.15$29,495
Feb 2026925,87563.503.75$27,875
Jan 20261115,55359.138.00$50,976
Dec 2025835,36456.664.41$28,376
Nov 20251294,94758.593.93$26,982
Oct 20251295,18659.383.30$24,799
Sep 2025665,24762.743.08$20,285
Aug 2025955,17163.933.01$21,663
Jul 20251194,93066.743.32$24,286
Jun 2025914,61966.483.13$20,501
May 2025975,23360.553.23$22,788
Apr 20251265,15162.363.54$26,108
Mar 20251165,28067.704.27$30,390
Feb 2025903,84270.884.34$23,057
Jan 2025783,36174.324.28$20,178
Dec 2024993,21968.993.12$16,878
Nov 2024693,47069.052.20$12,393
Oct 2024454,15571.372.28$12,691
Sep 2024642,65669.612.36$10,735
Aug 2024262,09175.632.06$6,281
Jul 2024451,87979.932.15$7,630
Jun 2024311,91578.082.63$7,465
May 2024492,24778.812.20$8,802
Apr 2024372,06784.451.66$6,554
Mar 2024502,18480.301.55$7,390
Feb 2024592,37376.091.78$8,722
Jan 2024533,03473.023.30$13,875
Dec 2023523,11371.262.61$11,833
Nov 2023513,04877.892.81$12,530
Oct 2023623,00085.443.09$14,559
Sep 2023272,92189.042.74$10,393
Aug 2023462,78380.522.67$11,143
Jul 2023702,92274.852.64$12,959
Jun 2023533,06468.962.26$10,575
May 2023612,53070.622.23$9,943
Apr 2023512,64678.122.24$9,905
Mar 2023572,63072.852.39$10,446
Feb 2023502,14875.112.47$9,052
Jan 2023501,93576.533.39$10,382
Dec 2022803,41076.415.73$25,649
Nov 2022592,86685.005.65$21,197
Oct 2022622,96187.185.86$22,768
Sep 2022793,35684.888.16$34,103
Aug 2022713,99594.529.13$43,174
Jul 2022573,976101.587.54$35,777
Jun 2022803,967115.097.98$40,853
May 20221125,645109.378.43$59,854
Apr 2022915,686104.226.84$48,363
Mar 20221015,191108.885.08$37,348
Feb 2022963,87991.054.86$27,588
Jan 20221165,95581.844.54$36,515
Dec 2021706,14871.323.90$28,964
Nov 2021844,62377.435.24$30,714
Oct 2021894,06079.795.71$30,300
Sep 2021786,37769.865.35$39,572
Aug 20211186,56166.024.22$35,482
Jul 2021884,78770.783.98$25,291
Jun 2021483,60269.493.38$15,513
May 20211024,19763.483.02$19,140
Apr 2021614,10460.362.76$15,003
Mar 2021753,45261.302.72$13,976
Feb 2021873,66657.805.55$25,367
Jan 20211234,94350.412.81$20,092
Dec 2020603,89244.642.68$13,091
Nov 2020663,45938.772.71$11,921
Oct 2020503,86436.972.48$11,425
Sep 2020794,45337.091.99$11,796
Aug 2020754,27539.982.39$13,195
Jul 2020584,01938.371.83$9,561
Jun 2020753,62534.901.69$8,745
May 2020343,71116.921.81$7,310
Apr 20201104,18514.751.80$9,174
Mar 2020282,40930.341.86$5,321
Feb 2020662,41549.881.98$8,075
Jan 2020533,19257.252.09$9,721
Dec 2019963,39159.012.30$13,479
Nov 2019693,95155.302.75$14,684
Oct 2019795,40253.472.42$17,289
Sep 2019886,31455.052.66$21,622
Aug 2019824,97553.112.30$15,819
Jul 2019543,21356.272.46$10,943
Jun 2019523,08252.782.49$10,422
May 2019423,41058.482.74$11,801
Apr 2019362,90362.632.75$10,240
Mar 2019352,94856.803.06$11,015
Feb 2019352,47250.852.79$8,682
Jan 2019442,78946.033.23$11,029
Dec 2018383,71346.594.19$17,311
Nov 2018362,77352.934.24$13,655
Oct 2018292,71061.443.40$10,991
Sep 2018272,42859.543.11$9,154
Aug 2018342,99159.403.07$11,192
Jul 2018482,79665.142.93$11,324
Jun 2018423,87960.183.08$14,463
May 2018443,71165.382.90$13,642
Apr 2018463,36963.842.90$12,709
Mar 2018433,60861.222.79$12,687
Feb 2018443,14961.782.77$11,429
Jan 2018503,81562.874.01$18,439
Dec 2017472,99557.272.92$11,442
Nov 2017493,33655.423.12$13,118
Oct 2017624,10749.292.98$15,310
Sep 2017684,19547.523.09$16,183
Aug 2017614,79345.373.00$17,168
Jul 2017524,13443.873.09$15,044
Jun 2017353,25142.493.09$11,524
May 2017935,08645.373.26$20,817
Apr 2017685,51447.933.21$20,968
Mar 2017785,93246.772.98$21,347
Feb 2017765,36750.452.95$19,681
Jan 2017755,37549.413.42$22,082
Dec 2016655,59048.763.72$23,980
Nov 2016715,66842.492.64$18,005
Oct 2016685,65546.193.09$20,616
Sep 2016605,10641.553.10$18,325
Aug 2016705,16741.442.92$18,011
Jul 2016555,49341.622.92$18,353
Jun 2016585,93245.352.69$18,563
May 2016615,38442.521.99$13,313
Apr 2016646,11336.561.99$14,511
Mar 2016645,71433.011.79$12,364
Feb 2016705,41526.472.06$13,027
Jan 2016635,68827.352.36$15,172
Dec 2015817,00632.362.00$16,643
Nov 2015627,64538.792.17$18,974
Oct 2015458,71743.552.43$23,112
Sep 2015612,82242.992.76$35,626
Aug 2015614,53540.162.87$41,993
Jul 2015710,56448.152.95$31,449
Jun 2015109,28256.152.88$27,320
May 2015517,84255.212.96$53,007
Apr 20151077,58749.822.71$25,865
Mar 201515013,14042.892.93$44,996
Feb 201516913,94044.662.98$49,036
Jan 201519617,99243.433.10$64,299
Dec 201429117,45054.693.59$78,584
Nov 201413516,16070.464.25$78,222
Oct 2014466,35578.303.90$28,392
Sep 20145310,04086.164.05$45,183
Aug 201410420,83789.394.04$93,376
Jul 20147220,53096.564.18$92,760
Jun 20146714,12498.164.74$73,480
May 20147013,43994.734.73$70,151
Apr 20148212,80795.944.81$69,457
Mar 20148714,15995.895.06$79,942
Feb 20148413,16897.406.19$89,718
Jan 201410715,07090.404.86$82,924
Dec 201316417,14791.824.35$89,725
Nov 201319929,14388.853.74$126,626
Oct 201316425,86997.423.78$113,745
Sep 2013036,250104.113.72$134,768
Aug 2013074,384104.253.52$262,026
Jul 2013022,279102.523.72$82,828

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           106 bbl  × $106.41 =    $11,279
Gas                5,774 Mcf  × $  3.05 =    $17,587

────────────────────────────────────────────────────
Month total                                  $28,866

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/271778 is the state's own key, not one this site invented.