FIELDS, C. W. GAS UNIT

Operated by CRATON OPERATING LLC (P-5 186717) 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 274754District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Jul 2014 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
143
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112015-01-12214966
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
CondensateDisposition32,479 bbl$1,790,340
GasProduction2,566,286 Mcf$8,004,007
Total$9,794,347

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 32.0350, -94.2037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03505, -94.20370 · 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
9,018 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 9,018 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-365381543H9,018 ftJul 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 (143)

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

143 months

May 202601,906106.413.05$5,805
Apr 20261783,23498.932.87$26,890
Mar 202602,41189.753.15$7,593
Feb 202602,77563.503.75$10,407
Jan 20261815,00259.138.00$50,708
Dec 202504,27456.664.41$18,863
Nov 2025482,92858.593.93$14,309
Oct 202501,49259.383.30$4,931
Sep 20251792,77362.743.08$19,763
Aug 2025165,22063.933.01$16,760
Jul 2025133,92366.743.32$13,873
Jun 20250066.483.13$0
May 202505,64960.553.23$18,259
Apr 20253003062.363.54$18,814
Mar 2025021967.704.27$935
Feb 2025719,34870.884.34$45,611
Jan 202583,80274.324.28$16,862
Dec 20242068.993.12$138
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024478,58669.612.36$23,572
Aug 2024166075.632.06$12,555
Jul 202402879.932.15$60
Jun 2024495,95278.082.63$19,503
May 202406,18178.812.20$13,589
Apr 202403,50484.451.66$5,814
Mar 20241854,68380.301.55$22,091
Feb 2024294,30276.091.78$9,880
Jan 2024266,86273.023.30$24,527
Dec 202306,11471.262.61$15,962
Nov 202307,18777.892.81$20,178
Oct 20231809,08585.443.09$43,427
Sep 202309,94389.042.74$27,195
Aug 2023249,89880.522.67$28,389
Jul 2023014,06074.852.64$37,144
Jun 2023012,63768.962.26$28,540
May 202311113,06370.622.23$36,935
Apr 2023014,61378.122.24$32,700
Mar 20230072.852.39$0
Feb 202303,47875.112.47$8,576
Jan 202308,55676.533.39$28,985
Dec 20221877,49676.415.73$57,234
Nov 202205,22785.005.65$29,513
Oct 20221788,74587.185.86$66,797
Sep 202205,10984.888.16$41,708
Aug 202205,59694.529.13$51,076
Jul 20221807,100101.587.54$71,833
Jun 20221796,065115.097.98$68,983
May 202205,942109.378.43$50,109
Apr 20221806,397104.226.84$62,500
Mar 202208,550108.885.08$43,403
Feb 202215912,26191.054.86$74,051
Jan 202218911,36781.844.54$67,048
Dec 202120812,76171.323.90$64,591
Nov 202129412,68377.435.24$89,183
Oct 202126113,22479.795.71$96,385
Sep 20218914,06869.865.35$81,494
Aug 202115216,93666.024.22$81,515
Jul 202124910,93070.783.98$61,148
Jun 2021198,96269.493.38$31,617
May 202123411,46563.483.02$49,452
Apr 2021688,53560.362.76$27,648
Mar 2021447,69161.302.72$23,593
Feb 20211848,17857.805.55$56,006
Jan 20211710,67450.412.81$30,854
Dec 202023011,71244.642.68$41,602
Nov 202088,31638.772.71$22,818
Oct 20204011,85036.972.48$30,848
Sep 202020412,04837.091.99$31,554
Aug 20203113,42339.982.39$33,255
Jul 202017614,64138.371.83$33,475
Jun 20202409,35534.901.69$24,189
May 20205511,18616.921.81$21,230
Apr 202026213,96614.751.80$29,064
Mar 202015013,24030.341.86$29,127
Feb 202033411,41249.881.98$39,263
Jan 20209413,05857.252.09$32,735
Dec 201936214,17759.012.30$54,031
Nov 201917116,49755.302.75$54,835
Oct 201923816,16953.472.42$51,831
Sep 201925116,88755.052.66$58,691
Aug 201917017,08853.112.30$48,406
Jul 201928317,84456.272.46$59,822
Jun 20199015,78752.782.49$44,079
May 201929116,99558.482.74$63,589
Apr 201922417,38562.632.75$61,850
Mar 201924718,15356.803.06$69,616
Feb 201929914,79050.852.79$56,501
Jan 201934518,31746.033.23$75,011
Dec 201829616,65446.594.19$83,495
Nov 201826716,98852.934.24$86,115
Oct 201835419,44161.443.40$87,812
Sep 2018020,13359.543.11$62,573
Aug 201834020,98159.403.07$84,536
Jul 201813219,41365.142.93$65,515
Jun 201824818,52660.183.08$71,928
May 201830619,19865.382.90$75,696
Apr 201833318,87063.842.90$75,997
Mar 201815920,20261.222.79$66,034
Feb 201836318,47161.782.77$73,519
Jan 201837323,09862.874.01$116,058
Dec 201738624,07757.272.92$92,448
Nov 201717123,25355.423.12$81,988
Oct 201733725,30449.292.98$92,110
Sep 201743525,14847.523.09$98,310
Aug 201713722,04645.373.00$72,451
Jul 201748321,01843.873.09$86,078
Jun 201725822,41742.493.09$80,170
May 201710927,50445.373.26$94,702
Apr 201732329,86147.933.21$111,383
Mar 201732331,30646.772.98$108,514
Feb 201733730,19350.452.95$106,150
Jan 201764133,95549.413.42$147,757
Dec 201629933,51648.763.72$139,354
Nov 201626830,97542.492.64$93,296
Oct 201630132,87946.193.09$115,508
Sep 201644232,14341.553.10$118,029
Aug 201634534,14541.442.92$114,148
Jul 201651236,50841.622.92$128,071
Jun 201640334,15945.352.69$110,021
May 201634636,19542.521.99$86,778
Apr 20161835,94636.561.99$72,228
Mar 201657838,13333.011.79$87,491
Feb 201652136,95626.472.06$90,054
Jan 201671539,41127.352.36$112,737
Dec 201538341,04532.362.00$94,542
Nov 201546142,69138.792.17$110,408
Oct 201531945,18443.552.43$123,535
Sep 201545545,04442.992.76$143,811
Aug 201528448,52040.162.87$150,779
Jul 201552048,50248.152.95$167,880
Jun 20151,02949,19456.152.88$199,598
May 201553643,95555.212.96$159,499
Apr 201588143,06449.822.71$160,447
Mar 201553142,01642.892.93$146,079
Feb 201571441,59744.662.98$155,688
Jan 201587947,36443.433.10$185,033
Dec 201489948,12654.693.59$222,004
Nov 201472150,47270.464.25$265,401
Oct 201473056,76378.303.90$278,589
Sep 201488759,60786.164.05$317,560
Aug 201471253,15189.394.04$278,116
Jul 2014016,99296.564.18$71,020

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             0 bbl  × $106.41 =         $0
Gas                1,906 Mcf  × $  3.05 =     $5,805

────────────────────────────────────────────────────
Month total                                   $5,805

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/274754 is the state's own key, not one this site invented.