MAY

Name: MAY lease production and value, Oct 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EQV OPERATING LLC (P-5 101634) 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 272003District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$11.0 M

Oct 2013 – May 2026

Value, last 12 filed months

$424 k

at the published price for each month

Months reported

152

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2014-07-23	213672
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	15,274 bbl	$972,972
Gas	Production	2,822,984 Mcf	$9,983,174
Total			$10,956,146

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 31.9790, -94.1006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97897, -94.10057 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,488 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 9,488 ft.

Completions filed

Mar 2014

1 of 1 wells

1 well


42-36538077	4H	9,488 ft	Mar 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 (152)

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

152 months


May 2026	40	6,586	106.41	3.05	$24,316
Apr 2026	66	6,719	98.93	2.87	$25,811
Mar 2026	28	10,783	89.75	3.15	$36,473
Feb 2026	78	7,979	63.50	3.75	$34,877
Jan 2026	46	8,054	59.13	8.00	$67,135
Dec 2025	61	9,609	56.66	4.41	$45,864
Nov 2025	45	9,215	58.59	3.93	$38,819
Oct 2025	42	9,222	59.38	3.30	$32,971
Sep 2025	57	8,771	62.74	3.08	$30,564
Aug 2025	43	9,015	63.93	3.01	$29,927
Jul 2025	43	8,231	66.74	3.32	$30,157
Jun 2025	57	7,288	66.48	3.13	$26,591
May 2025	72	7,446	60.55	3.23	$28,427
Apr 2025	59	7,247	62.36	3.54	$29,356
Mar 2025	57	7,473	67.70	4.27	$35,756
Feb 2025	87	7,076	70.88	4.34	$36,882
Jan 2025	58	8,189	74.32	4.28	$39,349
Dec 2024	58	7,849	68.99	3.12	$28,501
Nov 2024	58	7,603	69.05	2.20	$20,720
Oct 2024	70	7,805	71.37	2.28	$22,802
Sep 2024	70	7,368	69.61	2.36	$22,293
Aug 2024	29	6,501	75.63	2.06	$15,609
Jul 2024	137	7,309	79.93	2.15	$26,640
Jun 2024	125	7,960	78.08	2.63	$30,726
May 2024	284	8,093	78.81	2.20	$40,174
Apr 2024	289	7,744	84.45	1.66	$37,255
Mar 2024	246	8,504	80.30	1.55	$32,894
Feb 2024	105	7,974	76.09	1.78	$22,212
Jan 2024	92	8,876	73.02	3.30	$35,988
Dec 2023	90	9,131	71.26	2.61	$30,252
Nov 2023	103	9,026	77.89	2.81	$33,364
Oct 2023	74	9,623	85.44	3.09	$36,031
Sep 2023	68	9,130	89.04	2.74	$31,026
Aug 2023	71	8,607	80.52	2.67	$28,722
Jul 2023	72	8,804	74.85	2.64	$28,648
Jun 2023	53	8,502	68.96	2.26	$22,856
May 2023	91	8,816	70.62	2.23	$26,063
Apr 2023	71	8,687	78.12	2.24	$24,986
Mar 2023	105	8,990	72.85	2.39	$29,164
Feb 2023	89	8,170	75.11	2.47	$26,829
Jan 2023	90	9,404	76.53	3.39	$38,746
Dec 2022	111	9,581	76.41	5.73	$63,372
Nov 2022	141	9,470	85.00	5.65	$65,455
Oct 2022	140	9,831	87.18	5.86	$69,852
Sep 2022	105	9,451	84.88	8.16	$86,067
Aug 2022	86	9,731	94.52	9.13	$96,945
Jul 2022	106	9,820	101.58	7.54	$84,831
Jun 2022	107	9,589	115.09	7.98	$88,808
May 2022	137	10,047	109.37	8.43	$99,710
Apr 2022	139	9,751	104.22	6.84	$81,160
Mar 2022	162	10,069	108.88	5.08	$68,753
Feb 2022	96	9,316	91.05	4.86	$54,006
Jan 2022	173	10,349	81.84	4.54	$61,119
Dec 2021	141	10,451	71.32	3.90	$50,806
Nov 2021	141	10,183	77.43	5.24	$64,244
Oct 2021	137	10,115	79.79	5.71	$68,727
Sep 2021	88	10,279	69.86	5.35	$61,150
Aug 2021	20	10,273	66.02	4.22	$44,679
Jul 2021	5	10,523	70.78	3.98	$42,257
Jun 2021	5	10,027	69.49	3.38	$34,245
May 2021	6	10,557	63.48	3.02	$32,238
Apr 2021	7	10,296	60.36	2.76	$28,823
Mar 2021	7	10,516	61.30	2.72	$29,000
Feb 2021	6	9,720	57.80	5.55	$54,273
Jan 2021	7	10,716	50.41	2.81	$30,468
Dec 2020	8	10,778	44.64	2.68	$29,193
Nov 2020	9	10,473	38.77	2.71	$28,695
Oct 2020	8	10,921	36.97	2.48	$27,363
Sep 2020	7	10,587	37.09	1.99	$21,339
Aug 2020	7	10,915	39.98	2.39	$26,313
Jul 2020	7	11,002	38.37	1.83	$20,349
Jun 2020	8	10,723	34.90	1.69	$18,404
May 2020	9	11,150	16.92	1.81	$20,387
Apr 2020	8	10,892	14.75	1.80	$19,771
Mar 2020	10	10,920	30.34	1.86	$20,573
Feb 2020	9	10,841	49.88	1.98	$21,921
Jan 2020	9	11,929	57.25	2.09	$25,503
Dec 2019	8	12,041	59.01	2.30	$28,219
Nov 2019	7	11,857	55.30	2.75	$33,002
Oct 2019	6	12,511	53.47	2.42	$30,579
Sep 2019	5	12,168	55.05	2.66	$32,609
Aug 2019	6	12,498	53.11	2.30	$29,119
Jul 2019	5	12,758	56.27	2.46	$31,667
Jun 2019	4	12,527	52.78	2.49	$31,418
May 2019	6	14,515	58.48	2.74	$40,127
Apr 2019	26	14,338	62.63	2.75	$41,068
Mar 2019	57	15,298	56.80	3.06	$50,082
Feb 2019	56	13,901	50.85	2.79	$41,662
Jan 2019	60	14,880	46.03	3.23	$50,797
Dec 2018	48	13,125	46.59	4.19	$57,170
Nov 2018	45	12,145	52.93	4.24	$53,843
Oct 2018	47	13,112	61.44	3.40	$47,443
Sep 2018	47	13,521	59.54	3.11	$44,822
Aug 2018	49	14,443	59.40	3.07	$47,201
Jul 2018	51	13,621	65.14	2.93	$43,257
Jun 2018	56	13,357	60.18	3.08	$44,469
May 2018	59	15,057	65.38	2.90	$47,535
Apr 2018	54	17,217	63.84	2.90	$53,390
Mar 2018	37	17,463	61.22	2.79	$50,932
Feb 2018	31	16,081	61.78	2.77	$46,397
Jan 2018	33	16,981	62.87	4.01	$70,157
Dec 2017	31	18,627	57.27	2.92	$56,195
Nov 2017	34	18,281	55.42	3.12	$58,891
Oct 2017	42	19,880	49.29	2.98	$61,386
Sep 2017	49	18,873	47.52	3.09	$60,595
Aug 2017	61	19,703	45.37	3.00	$61,963
Jul 2017	72	21,805	43.87	3.09	$70,477
Jun 2017	76	21,240	42.49	3.09	$68,803
May 2017	99	21,559	45.37	3.26	$74,847
Apr 2017	127	21,501	47.93	3.21	$75,140
Mar 2017	140	19,610	46.77	2.98	$65,058
Feb 2017	121	12,988	50.45	2.95	$44,453
Jan 2017	138	19,195	49.41	3.42	$72,442
Dec 2016	160	20,552	48.76	3.72	$84,313
Nov 2016	220	20,912	42.49	2.64	$64,646
Oct 2016	259	22,471	46.19	3.09	$81,404
Sep 2016	197	22,724	41.55	3.10	$78,644
Aug 2016	214	22,053	41.44	2.92	$73,359
Jul 2016	194	23,635	41.62	2.92	$77,191
Jun 2016	212	23,720	45.35	2.69	$73,322
May 2016	242	24,987	42.52	1.99	$60,040
Apr 2016	166	23,358	36.56	1.99	$52,576
Mar 2016	199	22,635	33.01	1.79	$47,176
Feb 2016	297	16,795	26.47	2.06	$42,520
Jan 2016	443	28,617	27.35	2.36	$79,777
Dec 2015	433	30,913	32.36	2.00	$75,881
Nov 2015	427	33,282	38.79	2.17	$88,696
Oct 2015	355	35,278	43.55	2.43	$101,065
Sep 2015	403	28,703	42.99	2.76	$96,500
Aug 2015	289	28,939	40.16	2.87	$94,733
Jul 2015	0	33,499	48.15	2.95	$98,657
Jun 2015	185	36,543	56.15	2.88	$115,736
May 2015	180	40,291	55.21	2.96	$129,016
Apr 2015	0	34,897	49.82	2.71	$94,451
Mar 2015	0	39,529	42.89	2.93	$116,006
Feb 2015	0	37,007	44.66	2.98	$110,140
Jan 2015	398	42,602	43.43	3.10	$149,378
Dec 2014	184	48,045	54.69	3.59	$182,610
Nov 2014	0	46,626	70.46	4.25	$198,246
Oct 2014	369	48,772	78.30	3.90	$219,150
Sep 2014	194	60,033	86.16	4.05	$259,575
Aug 2014	183	69,857	89.39	4.04	$298,240
Jul 2014	166	82,375	96.56	4.18	$360,324
Jun 2014	492	100,656	98.16	4.74	$525,090
May 2014	388	123,531	94.73	4.73	$620,632
Apr 2014	381	141,660	95.94	4.81	$717,813
Mar 2014	0	127,639	95.89	5.06	$645,445
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0

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            40 bbl  × $106.41 =     $4,256
Gas                6,586 Mcf  × $  3.05 =    $20,060

────────────────────────────────────────────────────
Month total                                  $24,316

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/272003 is the state's own key, not one this site invented.