CARTHAGE GAS UNIT 17

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

Gas lease lease 271892District 06Field 16032638CondensateGasSaveExport
Value, all time
$329 k
Apr 2013 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
158
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1965-07-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
CondensateDisposition330 bbl$23,966
GasProduction87,835 Mcf$304,838
Total$328,804

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 32.0824, -94.4445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08239, -94.44453 · 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
9,700 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 9,700 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-3653079329,700 ftOct 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 (158)

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

158 months

May 20263967106.413.05$3,265
Apr 2026399198.932.87$3,141
Mar 202631,04289.753.15$3,551
Feb 2026293263.503.75$3,622
Jan 2026479259.138.00$6,571
Dec 2025364156.664.41$2,999
Nov 2025559158.593.93$2,613
Oct 2025452559.383.30$1,973
Sep 2025353962.743.08$1,847
Aug 2025354563.933.01$1,835
Jul 2025443066.743.32$1,693
Jun 2025457966.483.13$2,077
May 2025355060.553.23$1,959
Apr 2025453262.363.54$2,134
Mar 2025563067.704.27$3,028
Feb 2025452770.884.34$2,571
Jan 2025554774.324.28$2,712
Dec 2024656768.993.12$2,184
Nov 2024568469.052.20$1,849
Oct 2024589171.372.28$2,390
Sep 2024677669.612.36$2,252
Aug 2024449075.632.06$1,314
Jul 2024671479.932.15$2,012
Jun 2024577278.082.63$2,424
May 2024678378.812.20$2,194
Apr 2024466284.451.66$1,436
Mar 2024673080.301.55$1,610
Feb 2024563876.091.78$1,518
Jan 2024571773.023.30$2,730
Dec 2023268771.262.61$1,936
Nov 2023476077.892.81$2,445
Oct 2023475085.443.09$2,657
Sep 2023467389.042.74$2,197
Aug 2023370080.522.67$2,113
Jul 2023674174.852.64$2,407
Jun 2023380368.962.26$2,020
May 2023959270.622.23$1,954
Apr 2023376578.122.24$1,946
Mar 2023479572.852.39$2,194
Feb 2023666975.112.47$2,100
Jan 2023370676.533.39$2,621
Dec 2022697576.415.73$6,044
Nov 2022494185.005.65$5,653
Oct 202261,11087.185.86$7,032
Sep 2022141,01484.888.16$9,466
Aug 202241,21894.529.13$11,495
Jul 202241,369101.587.54$10,731
Jun 202251,386115.097.98$11,632
May 20220408109.378.43$3,441
Apr 20220365104.226.84$2,496
Mar 20220275108.885.08$1,396
Feb 202208591.054.86$413
Jan 2022013381.844.54$604
Dec 2021012871.323.90$499
Nov 202106477.435.24$335
Oct 202105779.795.71$326
Sep 2021015569.865.35$829
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020032257.252.09$675
Dec 2019323559.012.30$719
Nov 2019628555.302.75$1,116
Oct 2019740753.472.42$1,359
Sep 2019656755.052.66$1,837
Aug 2019075453.112.30$1,737
Jul 2019076256.272.46$1,875
Jun 2019047452.782.49$1,181
May 2019047058.482.74$1,288
Apr 2019065762.632.75$1,807
Mar 2019088456.803.06$2,707
Feb 2019055550.852.79$1,550
Jan 2019060046.033.23$1,937
Dec 2018058046.594.19$2,428
Nov 2018056352.934.24$2,386
Oct 2018057161.443.40$1,940
Sep 2018066459.543.11$2,064
Aug 2018059659.403.07$1,828
Jul 2018056265.142.93$1,648
Jun 2018057860.183.08$1,778
May 2018052265.382.90$1,514
Apr 2018048863.842.90$1,416
Mar 2018045361.222.79$1,262
Feb 2018037261.782.77$1,029
Jan 2018050862.874.01$2,037
Dec 2017054757.272.92$1,598
Nov 2017045855.423.12$1,428
Oct 2017045749.292.98$1,364
Sep 2017046947.523.09$1,448
Aug 2017051445.373.00$1,544
Jul 2017055643.873.09$1,717
Jun 2017043442.493.09$1,340
May 2017045545.373.26$1,485
Apr 2017061747.933.21$1,982
Mar 2017065046.772.98$1,939
Feb 2017055450.452.95$1,636
Jan 2017065049.413.42$2,222
Dec 2016068648.763.72$2,554
Nov 2016065342.492.64$1,727
Oct 2016068646.193.09$2,120
Sep 2016069041.553.10$2,139
Aug 2016031441.442.92$918
Jul 2016017641.622.92$515
Jun 2016096745.352.69$2,597
May 201601,28642.521.99$2,560
Apr 2016074936.561.99$1,491
Mar 2016069033.011.79$1,238
Feb 2016097126.472.06$2,004
Jan 201601,08527.352.36$2,565
Dec 201501,11632.362.00$2,234
Nov 201501,18638.792.17$2,570
Oct 201501,14343.552.43$2,774
Sep 201501,33242.992.76$3,674
Aug 201501,34840.162.87$3,872
Jul 201501,21248.152.95$3,569
Jun 201501,28956.152.88$3,716
May 201501,09955.212.96$3,248
Apr 2015201,80049.822.71$5,868
Mar 2015181,48842.892.93$5,139
Feb 20150044.662.98$0
Jan 2015447443.433.10$1,643
Dec 2014776354.693.59$3,123
Nov 2014378270.464.25$3,536
Oct 2014359678.303.90$2,560
Sep 2014136486.164.05$1,559
Aug 2014125689.394.04$1,122
Jul 2014125096.564.18$1,141
Jun 2014126198.164.74$1,334
May 2014126794.734.73$1,357
Apr 2014230195.944.81$1,639
Mar 2014141995.895.06$2,215
Feb 2014248297.406.19$3,179
Jan 2014259690.404.86$3,078
Dec 2013368491.824.35$3,254
Nov 2013267388.853.74$2,694
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20131094.403.93$94
May 20131255994.834.15$3,457
Apr 2013424493.964.28$1,421

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             3 bbl  × $106.41 =       $319
Gas                  967 Mcf  × $  3.05 =     $2,945

────────────────────────────────────────────────────
Month total                                   $3,265

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/271892 is the state's own key, not one this site invented.