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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 279690District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Jun 2015 – May 2026
Value, last 12 filed months
$860
at the published price for each month
Months reported
132
no gaps in the span
Streams
2
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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112016-04-22217103
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
CondensateDisposition17,070 bbl$797,247
GasProduction3,130,954 Mcf$8,915,544
Total$9,712,791

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 32.0021, -94.3174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00209, -94.31736 · 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
9,381 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 9,381 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-3653820010H9,381 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 2026020106.413.05$61
Apr 20265098.932.87$495
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502556.664.41$110
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202506266.483.13$194
May 20253060.553.23$182
Apr 20250062.363.54$0
Mar 20257067.704.27$474
Feb 202594,35170.884.34$19,525
Jan 2025146,33174.324.28$28,129
Dec 202406,39868.993.12$19,971
Nov 202456,10469.052.20$13,765
Oct 202486,29371.372.28$14,928
Sep 202403,56869.612.36$8,436
Aug 2024113,46275.632.06$7,976
Jul 202402,39479.932.15$5,139
Jun 2024113,32578.082.63$9,617
May 202455,33578.812.20$12,123
Apr 202463,58784.451.66$6,458
Mar 202464,21980.301.55$7,001
Feb 2024123,53476.091.78$7,216
Jan 202462,77273.023.30$9,579
Dec 2023123,63471.262.61$10,342
Nov 202304,71277.892.81$13,229
Oct 202375,75285.443.09$18,356
Sep 2023206,21389.042.74$18,774
Aug 2023254,50080.522.67$14,041
Jul 2023214,51474.852.64$13,497
Jun 2023255,29368.962.26$13,678
May 2023505,77570.622.23$16,394
Apr 2023245,77678.122.24$14,800
Mar 2023266,20272.852.39$16,736
Feb 2023485,72375.112.47$17,716
Jan 2023246,24576.533.39$22,993
Dec 2022247,58276.415.73$45,272
Nov 2022487,42885.005.65$46,020
Oct 2022235,85287.185.86$36,320
Sep 2022495,66384.888.16$50,390
Aug 2022226,35794.529.13$60,101
Jul 2022216,419101.587.54$50,546
Jun 2022226,916115.097.98$57,702
May 2022447,308109.378.43$66,441
Apr 2022227,322104.226.84$52,358
Mar 2022437,753108.885.08$44,039
Feb 2022467,15491.054.86$38,948
Jan 2022218,04281.844.54$38,211
Dec 2021228,45271.323.90$34,524
Nov 2021438,33877.435.24$46,994
Oct 2021208,94479.795.71$52,701
Sep 2021218,74669.865.35$48,266
Aug 2021439,24766.024.22$41,867
Jul 2021489,47970.783.98$41,144
Jun 2021499,86869.493.38$36,765
May 20219511,17063.483.02$39,738
Apr 20219610,94760.362.76$35,991
Mar 202115411,67561.302.72$41,160
Feb 20219710,68857.805.55$64,903
Jan 20214912,08350.412.81$36,427
Dec 202019212,38244.642.68$41,698
Nov 2020012,33638.772.71$33,388
Oct 20204813,20236.972.48$34,495
Sep 20209513,01137.091.99$29,429
Aug 2020013,95839.982.39$33,291
Jul 20205113,96338.371.83$27,441
Jun 20204713,84134.901.69$25,036
May 20204614,68316.921.81$27,424
Apr 20209614,59714.751.80$27,755
Mar 20209615,43830.341.86$31,569
Feb 20209314,65249.881.98$33,660
Jan 202010015,92657.252.09$39,086
Dec 201914516,34159.012.30$46,212
Nov 20199616,29355.302.75$50,126
Oct 20194916,93553.472.42$43,578
Sep 201911716,62555.052.66$50,618
Aug 201912417,49353.112.30$46,896
Jul 201912617,91056.272.46$51,150
Jun 201914817,72952.782.49$51,978
May 201924018,58858.482.74$64,972
Apr 201916118,35062.632.75$60,559
Mar 201925419,00856.803.06$72,632
Feb 201916517,42250.852.79$57,036
Jan 201925219,79546.033.23$75,501
Dec 201816720,34746.594.19$92,942
Nov 201824120,37352.934.24$99,081
Oct 201816121,38861.443.40$82,570
Sep 201816221,65559.543.11$76,949
Aug 201824323,13059.403.07$85,364
Jul 201815723,94265.142.93$80,422
Jun 201823823,20060.183.08$85,707
May 201815725,13765.382.90$83,182
Apr 201818624,74163.842.90$83,643
Mar 20181626,21361.222.79$74,031
Feb 20182124,63261.782.77$69,432
Jan 20182127,94062.874.01$113,341
Dec 20171628,43357.272.92$83,984
Nov 20172128,36655.423.12$89,619
Oct 20172130,06949.292.98$90,751
Sep 20171630,14447.523.09$93,823
Aug 20172032,47145.373.00$98,463
Jul 20171533,90443.873.09$105,329
Jun 201712134,48742.493.09$111,612
May 201719037,15145.373.26$129,859
Apr 201719738,37747.933.21$132,694
Mar 201724441,88646.772.98$136,386
Feb 201724437,43150.452.95$122,829
Jan 201719746,91249.413.42$170,117
Dec 201624948,30148.763.72$191,958
Nov 201624652,00742.492.64$147,977
Oct 201626955,54446.193.09$184,071
Sep 201631756,08841.553.10$187,079
Aug 201627861,73241.442.92$192,046
Jul 201632865,25241.622.92$204,470
Jun 201632467,18045.352.69$195,127
May 201642273,59742.521.99$164,478
Apr 201644376,07136.561.99$167,656
Mar 201644783,02233.011.79$163,698
Feb 201651182,87926.472.06$184,558
Jan 201662895,98227.352.36$244,112
Dec 2015740106,67232.362.00$237,441
Nov 20151,175111,76838.792.17$287,816
Oct 20151,068130,50143.552.43$363,183
Sep 2015953141,82642.992.76$432,185
Aug 20151,172164,49940.162.87$519,589
Jul 20150174,43848.152.95$513,734
Jun 201517571,23656.152.88$215,190

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                   20 Mcf  × $  3.05 =        $61

────────────────────────────────────────────────────
Month total                                      $61

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/279690 is the state's own key, not one this site invented.