J.J. SMITH

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 279689District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Jun 2015 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
132
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 Gas112016-04-22217104
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
CondensateDisposition10,672 bbl$539,142
GasProduction2,054,983 Mcf$6,166,645
Total$6,705,787

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 31.9996, -94.3209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,414 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 9,414 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-365382019H9,414 ftJun 2015

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 (132)

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

132 months

May 20260157106.413.05$478
Apr 20261098.932.87$99
Mar 20260089.753.15$0
Feb 20264063.503.75$254
Jan 20260459.138.00$32
Dec 2025411456.664.41$730
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202571,09062.743.08$3,793
Aug 202582,41363.933.01$7,786
Jul 202501,71966.743.32$5,699
Jun 202551,57266.483.13$5,251
May 20259060.553.23$545
Apr 20250062.363.54$0
Mar 20252162767.704.27$4,098
Feb 2025191,33170.884.34$7,124
Jan 2025421,19174.324.28$8,217
Dec 202402,39568.993.12$7,476
Nov 2024282,46569.052.20$7,353
Oct 2024564,60571.372.28$14,503
Sep 202406,47669.612.36$15,312
Aug 2024597,24575.632.06$19,413
Jul 202407,53979.932.15$16,183
Jun 2024596,48078.082.63$21,675
May 2024307,34978.812.20$18,521
Apr 2024287,86884.451.66$15,419
Mar 2024298,29380.301.55$15,142
Feb 2024617,78276.091.78$18,522
Jan 2024327,96673.023.30$28,606
Dec 2023547,95871.262.61$24,624
Nov 202304,83277.892.81$13,566
Oct 2023298,16485.443.09$27,682
Sep 2023237,56489.042.74$22,736
Aug 2023288,26080.522.67$24,333
Jul 2023248,36474.852.64$23,892
Jun 2023288,41668.962.26$20,938
May 2023568,51470.622.23$22,919
Apr 2023278,37978.122.24$20,859
Mar 2023298,94272.852.39$23,512
Feb 2023548,33775.112.47$24,612
Jan 2023279,50176.533.39$34,253
Dec 2022279,12876.415.73$54,358
Nov 2022549,31285.005.65$57,167
Oct 20222610,08387.185.86$61,391
Sep 20225510,15784.888.16$87,587
Aug 20222410,41694.529.13$97,337
Jul 20222410,143101.587.54$78,937
Jun 20222410,387115.097.98$85,621
May 20225010,652109.378.43$95,297
Apr 20222410,498104.226.84$74,282
Mar 20224810,775108.885.08$59,924
Feb 2022529,91091.054.86$52,886
Jan 20222310,84181.844.54$51,075
Dec 20212510,79971.323.90$43,890
Nov 20214910,83377.435.24$60,525
Oct 20212311,62979.795.71$68,282
Sep 20212411,18569.865.35$61,527
Aug 20214911,63066.024.22$52,320
Jul 20214711,40370.783.98$48,734
Jun 2021309,81569.493.38$35,265
May 2021639,23363.483.02$31,861
Apr 2021639,07760.362.76$28,841
Mar 2021899,07561.302.72$30,112
Feb 2021666,00257.805.55$37,114
Jan 2021339,13350.412.81$27,330
Dec 20201319,55144.642.68$31,401
Nov 202009,44638.772.71$25,566
Oct 2020339,59536.972.48$25,001
Sep 2020659,64337.091.99$21,610
Aug 2020010,89339.982.39$25,981
Jul 20203511,56838.371.83$22,456
Jun 20203211,47534.901.69$20,513
May 20203112,12116.921.81$22,521
Apr 20206612,04914.751.80$22,714
Mar 20206512,67630.341.86$25,502
Feb 20206412,07849.881.98$27,115
Jan 20206813,17857.252.09$31,497
Dec 20199913,57859.012.30$37,131
Nov 20196513,44555.302.75$40,578
Oct 20193414,10353.472.42$35,927
Sep 20198013,81755.052.66$41,120
Aug 20198514,56453.112.30$38,075
Jul 20198614,81056.272.46$41,273
Jun 20196414,46652.782.49$39,416
May 20197815,04958.482.74$45,801
Apr 20195214,81562.632.75$44,008
Mar 20198316,10156.803.06$54,017
Feb 20195414,86750.852.79$44,258
Jan 20198216,63946.033.23$57,488
Dec 20185416,83746.594.19$72,986
Nov 20187816,57252.934.24$74,348
Oct 20185217,00861.443.40$60,989
Sep 20185217,14459.543.11$56,380
Aug 20187515,91359.403.07$53,253
Jul 20185114,12965.142.93$44,747
Jun 20187815,17460.183.08$51,383
May 20185116,27965.382.90$50,557
Apr 201814016,07563.842.90$55,568
Mar 201814416,95461.222.79$56,064
Feb 201818915,82961.782.77$55,461
Jan 201818918,15762.874.01$84,680
Dec 201714718,72257.272.92$63,115
Nov 201718918,58555.423.12$68,429
Oct 201719419,88349.292.98$68,887
Sep 201714420,07347.523.09$68,814
Aug 201718721,21445.373.00$72,220
Jul 201714022,03643.873.09$74,173
Jun 201710421,48542.493.09$70,749
May 201712422,63445.373.26$79,490
Apr 201712922,39647.933.21$78,110
Mar 201715924,03546.772.98$79,149
Feb 201716021,07650.452.95$70,301
Jan 201712925,14149.413.42$92,326
Dec 201616324,82748.763.72$100,375
Nov 201616127,35042.492.64$79,164
Oct 201617328,87946.193.09$97,234
Sep 201619528,27841.553.10$95,782
Aug 201617231,84541.442.92$100,253
Jul 201620235,53641.622.92$112,327
Jun 201620037,18945.352.69$108,953
May 201626141,04142.521.99$92,812
Apr 201627342,47536.561.99$94,550
Mar 201627646,54433.011.79$92,611
Feb 201631546,49826.472.06$104,293
Jan 201638853,96227.352.36$138,197
Dec 201535355,55932.362.00$122,619
Nov 201529452,46938.792.17$125,122
Oct 201525659,41143.552.43$155,314
Sep 201529567,53642.992.76$198,975
Aug 201541177,28540.162.87$238,506
Jul 2015084,36248.152.95$248,453
Jun 2015024,03156.152.88$69,278

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                  157 Mcf  × $  3.05 =       $478

────────────────────────────────────────────────────
Month total                                     $478

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/279689 is the state's own key, not one this site invented.