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PONE GU (SA)

Operated by EQV OPERATING LLC (P-5 101634) in the HENDERSON, E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278608District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.3 M
Feb 2014 – May 2026
Value, last 12 filed months
$437 k
at the published price for each month
Months reported
148
no gaps in the span
Streams
2
condensate, gas

The HENDERSON, E. (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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

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 Gas112015-12-30213370
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
CondensateDisposition66,189 bbl$4,839,929
GasProduction5,624,401 Mcf$20,432,396
Total$25,272,325

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 32.0975, -94.8268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09755, -94.82679 · 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
10,732 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 10,732 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-401352547H10,732 ftFeb 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 (148)

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

148 months

May 2026597,837106.413.05$30,148
Apr 2026438,64398.932.87$29,057
Mar 2026267,00489.753.15$24,392
Feb 2026197,00963.503.75$27,492
Jan 2026378,62659.138.00$71,178
Dec 2025239,31256.664.41$42,400
Nov 2025249,50458.593.93$38,723
Oct 2025259,87359.383.30$34,113
Sep 2025259,78962.743.08$31,688
Aug 20254611,76063.933.01$38,394
Jul 2025299,21566.743.32$32,485
Jun 20254410,71566.483.13$36,449
May 20255211,54360.553.23$40,459
Apr 20255510,86662.363.54$41,929
Mar 20254410,58367.704.27$48,150
Feb 2025324,54270.884.34$21,984
Jan 20255210,27574.324.28$47,828
Dec 20245311,41368.993.12$39,281
Nov 20244910,25169.052.20$25,920
Oct 20243411,18171.372.28$27,935
Sep 20243612,18269.612.36$31,309
Aug 20243613,28675.632.06$30,140
Jul 202410412,87679.932.15$35,952
Jun 20243410,84878.082.63$31,228
May 20243311,89078.812.20$28,740
Apr 20243511,69884.451.66$22,365
Mar 20243611,54280.301.55$20,725
Feb 20247011,86776.091.78$26,493
Jan 2024379,62573.023.30$34,442
Dec 20237311,30471.262.61$34,714
Nov 20237211,12077.892.81$36,828
Oct 20233811,64285.443.09$39,189
Sep 20237011,75589.042.74$38,383
Aug 20233512,22980.522.67$35,505
Jul 202310611,78174.852.64$39,057
Jun 20233813,52868.962.26$33,173
May 20233613,49170.622.23$32,592
Apr 20233612,41878.122.24$30,601
Mar 20233512,06372.852.39$31,418
Feb 2023011,20975.112.47$27,638
Jan 20236812,55476.533.39$47,733
Dec 20227111,83576.415.73$73,229
Nov 20223613,27085.005.65$77,985
Oct 20223514,13387.185.86$85,924
Sep 20226814,06084.888.16$120,553
Aug 20223514,96494.529.13$139,887
Jul 20226315,692101.587.54$124,750
Jun 20226911,094115.097.98$96,440
May 20226816,148109.378.43$143,614
Apr 202213215,548104.226.84$120,068
Mar 20227016,164108.885.08$89,677
Feb 20227114,17891.054.86$75,353
Jan 20227216,07181.844.54$78,818
Dec 202114216,09671.323.90$72,888
Nov 202115416,14277.435.24$96,457
Oct 20218117,47879.795.71$106,330
Sep 202111617,05369.865.35$99,353
Aug 202122418,14266.024.22$91,358
Jul 202111518,51370.783.98$81,860
Jun 202122717,77869.493.38$75,875
May 20215918,21163.483.02$58,700
Apr 202116918,95960.362.76$62,498
Mar 202122319,89261.302.72$67,715
Feb 20215913,97257.805.55$80,926
Jan 202111918,66250.412.81$58,444
Dec 202023819,41144.642.68$62,558
Nov 202022819,44938.772.71$61,480
Oct 202014920,92336.972.48$57,365
Sep 202014321,44737.091.99$48,006
Aug 202012922,81339.982.39$59,569
Jul 202018923,01938.371.83$49,264
Jun 20206522,65134.901.69$40,556
May 2020023,31216.921.81$42,305
Apr 202016822,39014.751.80$42,878
Mar 20206922,98830.341.86$44,764
Feb 20207021,31249.881.98$45,704
Jan 202013722,35357.252.09$54,667
Dec 201910023,07059.012.30$59,063
Nov 201916922,89855.302.75$72,331
Oct 201910023,63253.472.42$62,502
Sep 20197024,06755.052.66$67,806
Aug 201910125,31353.112.30$63,694
Jul 201923325,49356.272.46$75,825
Jun 20193324,73752.782.49$63,367
May 201916525,42258.482.74$79,314
Apr 20193624,77662.632.75$70,406
Mar 20193426,40856.803.06$82,795
Feb 20191424,69550.852.79$69,666
Jan 20192826,55846.033.23$87,023
Dec 20182126,14046.594.19$110,386
Nov 20181425,27752.934.24$107,846
Oct 20181826,48661.443.40$91,107
Sep 20181327,29559.543.11$85,607
Aug 20181829,26959.403.07$90,824
Jul 20182429,53365.142.93$88,151
Jun 20185029,50860.183.08$93,803
May 20188930,35965.382.90$93,884
Apr 201813129,27463.842.90$93,281
Mar 201813030,82861.222.79$93,871
Feb 201815229,74661.782.77$91,672
Jan 201820532,66562.874.01$143,853
Dec 201712733,65157.272.92$105,585
Nov 201715133,23855.423.12$112,016
Oct 201712534,43549.292.98$108,904
Sep 201717433,72347.523.09$112,381
Aug 201714735,94145.373.00$114,651
Jul 201717536,53643.873.09$120,474
Jun 201717734,52942.493.09$114,121
May 201722636,76645.373.26$130,236
Apr 201717836,28447.933.21$125,061
Mar 201720240,04146.772.98$128,917
Feb 201720137,60350.452.95$121,167
Jan 201723041,70549.413.42$153,945
Dec 201624443,43848.763.72$173,610
Nov 201616542,93842.492.64$120,554
Oct 201624942,10646.193.09$141,620
Sep 201619342,46541.553.10$139,687
Aug 201626443,85941.442.92$139,199
Jul 201630544,34841.622.92$142,383
Jun 201655343,01945.352.69$140,620
May 201650033,67942.521.99$88,316
Apr 201658046,22836.561.99$113,247
Mar 201662849,56633.011.79$109,652
Feb 201650148,44626.472.06$113,236
Jan 201674153,56927.352.36$146,923
Dec 201536253,88432.362.00$119,558
Nov 201553453,86538.792.17$137,457
Oct 201543359,02643.552.43$162,088
Sep 201545655,88142.992.76$173,747
Aug 201577877,07840.162.87$252,650
Jul 201594381,41248.152.95$285,170
Jun 201599683,65256.152.88$297,082
May 201581690,30255.212.96$311,934
Apr 20151,84378,90849.822.71$305,388
Mar 20151,64586,40942.892.93$324,139
Feb 20151,69681,63544.662.98$318,705
Jan 20152,18599,92943.433.10$404,737
Dec 20142,439108,03554.693.59$521,381
Nov 20142,455114,05570.464.25$657,923
Oct 20142,441127,31378.303.90$687,773
Sep 20142,288132,52386.164.05$733,248
Aug 20142,629152,83189.394.04$851,698
Jul 20142,987174,79596.564.18$1,018,998
Jun 20144,262189,42398.164.74$1,315,632
May 20143,945223,23394.734.73$1,428,834
Apr 20143,847256,51895.944.81$1,602,707
Mar 20147,301326,39395.895.06$2,350,597
Feb 20144,062218,76797.406.19$1,750,244

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            59 bbl  × $106.41 =     $6,278
Gas                7,837 Mcf  × $  3.05 =    $23,870

────────────────────────────────────────────────────
Month total                                  $30,148

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/278608 is the state's own key, not one this site invented.