MAY

Name: MAY lease production and value, Mar 2014 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 272004District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$21.1 M

Mar 2014 – May 2026

Value, last 12 filed months

$755 k

at the published price for each month

Months reported

147

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	213671
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	16,305 bbl	$1,000,882
Gas	Production	5,665,644 Mcf	$20,071,079
Total			$21,071,961

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 31.9714, -94.0990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97136, -94.09899 · 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

9,577 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 9,577 ft.

Completions filed

Mar 2014

1 of 1 wells

1 well


42-36538083	5H	9,577 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 (147)

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

147 months


May 2026	45	16,107	106.41	3.05	$53,848
Apr 2026	74	14,454	98.93	2.87	$48,800
Mar 2026	31	15,932	89.75	3.15	$52,959
Feb 2026	86	14,801	63.50	3.75	$60,969
Jan 2026	52	13,620	59.13	8.00	$112,006
Dec 2025	69	16,588	56.66	4.41	$77,118
Nov 2025	51	16,609	58.59	3.93	$68,202
Oct 2025	48	17,705	59.38	3.30	$61,362
Sep 2025	65	17,056	62.74	3.08	$56,558
Aug 2025	48	17,569	63.93	3.01	$56,035
Jul 2025	47	17,006	66.74	3.32	$59,515
Jun 2025	63	13,748	66.48	3.13	$47,202
May 2025	82	16,869	60.55	3.23	$59,491
Apr 2025	66	16,669	62.36	3.54	$63,176
Mar 2025	64	17,455	67.70	4.27	$78,836
Feb 2025	99	15,788	70.88	4.34	$75,550
Jan 2025	66	18,247	74.32	4.28	$82,978
Dec 2024	66	18,087	68.99	3.12	$61,010
Nov 2024	65	17,800	69.05	2.20	$43,620
Oct 2024	79	18,633	71.37	2.28	$48,148
Sep 2024	81	18,026	69.61	2.36	$48,258
Aug 2024	32	17,782	75.63	2.06	$39,116
Jul 2024	31	17,971	79.93	2.15	$41,054
Jun 2024	6	11,392	78.08	2.63	$30,475
May 2024	18	8,534	78.81	2.20	$20,180
Apr 2024	21	12,793	84.45	1.66	$23,000
Mar 2024	53	13,490	80.30	1.55	$25,100
Feb 2024	72	13,006	76.09	1.78	$28,677
Jan 2024	76	14,195	73.02	3.30	$52,360
Dec 2023	75	14,369	71.26	2.61	$42,858
Nov 2023	86	14,291	77.89	2.81	$46,821
Oct 2023	61	15,420	85.44	3.09	$52,818
Sep 2023	56	15,032	89.04	2.74	$46,099
Aug 2023	59	15,462	80.52	2.67	$46,079
Jul 2023	60	15,510	74.85	2.64	$45,465
Jun 2023	44	14,963	68.96	2.26	$36,828
May 2023	76	15,514	70.62	2.23	$39,923
Apr 2023	59	15,355	78.12	2.24	$38,970
Mar 2023	87	16,160	72.85	2.39	$45,011
Feb 2023	74	14,735	75.11	2.47	$41,890
Jan 2023	74	16,814	76.53	3.39	$62,624
Dec 2022	92	17,173	76.41	5.73	$105,415
Nov 2022	117	16,931	85.00	5.65	$105,541
Oct 2022	116	17,631	87.18	5.86	$113,497
Sep 2022	88	16,994	84.88	8.16	$146,203
Aug 2022	72	17,581	94.52	9.13	$167,270
Jul 2022	88	17,986	101.58	7.54	$144,591
Jun 2022	89	17,645	115.09	7.98	$151,001
May 2022	114	18,419	109.37	8.43	$167,796
Apr 2022	115	17,916	104.22	6.84	$134,488
Mar 2022	134	18,645	108.88	5.08	$109,239
Feb 2022	80	17,278	91.05	4.86	$91,235
Jan 2022	144	19,187	81.84	4.54	$98,849
Dec 2021	117	19,406	71.32	3.90	$84,011
Nov 2021	118	18,873	77.43	5.24	$107,972
Oct 2021	114	18,656	79.79	5.71	$115,694
Sep 2021	80	18,963	69.86	5.35	$107,058
Aug 2021	42	19,447	66.02	4.22	$84,851
Jul 2021	24	19,743	70.78	3.98	$80,317
Jun 2021	20	19,126	69.49	3.38	$66,048
May 2021	26	20,006	63.48	3.02	$62,022
Apr 2021	30	19,471	60.36	2.76	$55,520
Mar 2021	32	19,898	61.30	2.72	$56,023
Feb 2021	26	17,974	57.80	5.55	$101,222
Jan 2021	32	19,981	50.41	2.81	$57,765
Dec 2020	33	20,153	44.64	2.68	$55,392
Nov 2020	38	19,763	38.77	2.71	$54,963
Oct 2020	34	20,751	36.97	2.48	$52,687
Sep 2020	31	20,297	37.09	1.99	$41,562
Aug 2020	31	21,267	39.98	2.39	$51,963
Jul 2020	31	21,492	38.37	1.83	$40,415
Jun 2020	34	21,086	34.90	1.69	$36,828
May 2020	37	21,957	16.92	1.81	$40,473
Apr 2020	37	21,451	14.75	1.80	$39,252
Mar 2020	43	21,505	30.34	1.86	$41,223
Feb 2020	38	21,173	49.88	1.98	$43,832
Jan 2020	40	22,994	57.25	2.09	$50,456
Dec 2019	36	23,232	59.01	2.30	$55,659
Nov 2019	33	22,938	55.30	2.75	$64,920
Oct 2019	26	24,093	53.47	2.42	$59,660
Sep 2019	23	23,651	55.05	2.66	$64,113
Aug 2019	28	24,355	53.11	2.30	$57,610
Jul 2019	23	24,967	56.27	2.46	$62,715
Jun 2019	18	24,528	52.78	2.49	$62,054
May 2019	17	25,173	58.48	2.74	$69,976
Apr 2019	35	24,599	62.63	2.75	$69,857
Mar 2019	55	25,974	56.80	3.06	$82,659
Feb 2019	54	23,277	50.85	2.79	$67,740
Jan 2019	59	26,202	46.03	3.23	$87,301
Dec 2018	59	29,154	46.59	4.19	$124,771
Nov 2018	56	26,956	52.93	4.24	$117,183
Oct 2018	58	27,703	61.44	3.40	$97,701
Sep 2018	59	28,746	59.54	3.11	$92,855
Aug 2018	62	31,094	59.40	3.07	$99,034
Jul 2018	64	29,260	65.14	2.93	$89,956
Jun 2018	71	28,606	60.18	3.08	$92,291
May 2018	75	31,153	65.38	2.90	$95,272
Apr 2018	71	31,655	63.84	2.90	$96,357
Mar 2018	49	33,621	61.22	2.79	$96,696
Feb 2018	39	29,131	61.78	2.77	$82,989
Jan 2018	44	32,610	62.87	4.01	$133,510
Dec 2017	41	35,356	57.27	2.92	$105,641
Nov 2017	49	35,539	55.42	3.12	$113,539
Oct 2017	93	41,790	49.29	2.98	$129,272
Sep 2017	126	41,019	47.52	3.09	$132,625
Aug 2017	159	42,180	45.37	3.00	$133,939
Jul 2017	188	43,194	43.87	3.09	$141,600
Jun 2017	186	42,475	42.49	3.09	$139,035
May 2017	149	46,543	45.37	3.26	$158,649
Apr 2017	164	45,327	47.93	3.21	$153,433
Mar 2017	179	42,151	46.77	2.98	$134,137
Feb 2017	156	28,933	50.45	2.95	$93,298
Jan 2017	182	43,823	49.41	3.42	$158,815
Dec 2016	191	45,177	48.76	3.72	$177,499
Nov 2016	208	45,718	42.49	2.64	$129,732
Oct 2016	246	49,132	46.19	3.09	$163,193
Sep 2016	187	48,731	41.55	3.10	$158,867
Aug 2016	203	47,509	41.44	2.92	$147,345
Jul 2016	184	51,917	41.62	2.92	$159,481
Jun 2016	201	52,811	45.35	2.69	$150,957
May 2016	227	56,132	42.52	1.99	$121,413
Apr 2016	145	46,738	36.56	1.99	$98,358
Mar 2016	194	44,450	33.01	1.79	$86,148
Feb 2016	412	52,209	26.47	2.06	$118,646
Jan 2016	406	52,882	27.35	2.36	$136,136
Dec 2015	398	54,600	32.36	2.00	$122,156
Nov 2015	392	51,460	38.79	2.17	$126,736
Oct 2015	326	49,768	43.55	2.43	$134,963
Sep 2015	376	44,658	42.99	2.76	$139,350
Aug 2015	272	40,092	40.16	2.87	$126,087
Jul 2015	190	60,298	48.15	2.95	$186,731
Jun 2015	183	66,998	56.15	2.88	$203,421
May 2015	181	60,744	55.21	2.96	$189,519
Apr 2015	0	60,121	49.82	2.71	$162,722
Mar 2015	0	74,168	42.89	2.93	$217,662
Feb 2015	191	80,561	44.66	2.98	$248,295
Jan 2015	251	101,034	43.43	3.10	$324,170
Dec 2014	188	113,759	54.69	3.59	$418,831
Nov 2014	555	102,805	70.46	4.25	$476,216
Oct 2014	0	125,627	78.30	3.90	$490,066
Sep 2014	555	156,876	86.16	4.05	$682,451
Aug 2014	383	191,393	89.39	4.04	$806,530
Jul 2014	190	221,710	96.56	4.18	$945,006
Jun 2014	520	247,680	98.16	4.74	$1,224,274
May 2014	378	232,005	94.73	4.73	$1,132,393
Apr 2014	382	278,062	95.94	4.81	$1,373,883
Mar 2014	0	176,435	95.89	5.06	$892,197

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            45 bbl  × $106.41 =     $4,788
Gas               16,107 Mcf  × $  3.05 =    $49,059

────────────────────────────────────────────────────
Month total                                  $53,848

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/272004 is the state's own key, not one this site invented.