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VOLGA

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279960District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$44.0 M
Jan 2016 – May 2026
Value, last 12 filed months
$716 k
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
condensate, gas

The CARTHAGE (HAYNESVILLE SHALE) 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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

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 Gas112016-09-19219453
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
CondensateDisposition3 bbl$136
GasProduction14,152,238 Mcf$43,971,117
Total$43,971,253

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 31.6724, -93.9008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67241, -93.90080 · 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
11,760 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 11,760 ft.

Completions filed
Jun 2016
1 of 1 wells

1 well

42-41931738B 111,760 ftJun 2016——

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 (125)

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

125 months

May 202602,359106.413.05$7,185
Apr 2026017,17398.932.87$49,282
Mar 2026015,77689.753.15$49,686
Feb 2026018,01463.503.75$67,558
Jan 2026012,96659.138.00$103,701
Dec 2025016,64456.664.41$73,456
Nov 2025016,53658.593.93$64,928
Oct 2025019,58859.383.30$64,735
Sep 2025017,82962.743.08$54,858
Aug 2025021,05663.933.01$63,479
Jul 2025018,30766.743.32$60,691
Jun 2025018,03866.483.13$56,436
May 2025020,10360.553.23$64,979
Apr 2025020,41762.363.54$72,340
Mar 2025020,70267.704.27$88,363
Feb 2025017,90870.884.34$77,736
Jan 2025014,43474.324.28$61,758
Dec 2024020,33468.993.12$63,470
Nov 2024019,26269.052.20$42,346
Oct 2024024,82471.372.28$56,633
Sep 2024022,32169.612.36$52,775
Aug 2024022,76275.632.06$46,972
Jul 2024022,79679.932.15$48,934
Jun 2024023,23278.082.63$61,193
May 2024028,33678.812.20$62,295
Apr 2024015,21384.451.66$25,241
Mar 2024027,13980.301.55$41,933
Feb 2024024,72976.091.78$44,108
Jan 2024026,76973.023.30$88,275
Dec 2023026,94471.262.61$70,343
Nov 2023026,48077.892.81$74,344
Oct 2023029,81385.443.09$92,041
Sep 2023039,04189.042.74$106,779
Aug 2023015,49680.522.67$41,419
Jul 2023035,98974.852.64$95,076
Jun 2023036,13368.962.26$81,606
May 2023023,31970.622.23$51,941
Apr 2023032,17878.122.24$72,007
Mar 2023033,59772.852.39$80,403
Feb 2023030,95375.112.47$76,320
Jan 2023037,91376.533.39$128,439
Dec 2022033,88776.415.73$194,141
Nov 2022035,73285.005.65$201,750
Oct 2022037,41587.185.86$219,393
Sep 2022037,72784.888.16$307,991
Aug 2022041,14294.529.13$375,510
Jul 2022043,583101.587.54$328,706
Jun 2022045,140115.097.98$360,091
May 2022043,801109.378.43$369,376
Apr 2022044,789104.226.84$306,249
Mar 2022048,145108.885.08$244,403
Feb 2022044,75891.054.86$217,472
Jan 2022051,24381.844.54$232,524
Dec 2021053,86771.323.90$210,034
Nov 2021054,34177.435.24$284,576
Oct 2021058,18179.795.71$332,439
Sep 2021060,68069.865.35$324,694
Aug 2021063,91966.024.22$269,776
Jul 2021066,96170.783.98$266,644
Jun 2021067,29169.493.38$227,485
May 2021070,36463.483.02$212,335
Apr 2021071,48160.362.76$197,175
Mar 2021084,03261.302.72$228,310
Feb 2021053,87357.805.55$298,885
Jan 2021084,75350.412.81$238,179
Dec 2020087,27644.642.68$233,503
Nov 2020088,13238.772.71$238,535
Oct 2020096,91736.972.48$240,202
Sep 2020098,67237.091.99$196,460
Aug 20200107,98539.982.39$257,555
Jul 20200113,22038.371.83$206,640
Jun 20200115,73434.901.69$195,626
May 20200134,08716.921.81$243,334
Apr 20200132,78114.751.80$239,587
Mar 20200144,09830.341.86$267,479
Feb 20200146,10549.881.98$289,386
Jan 20200153,30457.252.09$321,132
Dec 20190165,04459.012.30$380,321
Nov 20190174,44655.302.75$479,849
Oct 20190183,28853.472.42$443,289
Sep 20190178,32455.052.66$473,857
Aug 20190187,35053.112.30$431,722
Jul 20190199,43156.272.46$490,612
Jun 20190200,73552.782.49$500,071
May 20190214,06358.482.74$586,601
Apr 20190217,46462.632.75$598,178
Mar 20190225,15556.803.06$689,447
Feb 20190210,13150.852.79$586,732
Jan 20190236,99546.033.23$765,063
Dec 20180247,03746.594.19$1,033,959
Nov 20180244,72752.934.24$1,036,967
Oct 20180259,19261.443.40$880,755
Sep 20180253,91759.543.11$789,174
Aug 20180268,84559.403.07$824,429
Jul 20180277,49165.142.93$813,570
Jun 20180272,35660.183.08$838,018
May 20180288,25665.382.90$836,173
Apr 20180285,21263.842.90$827,343
Mar 20180292,55761.222.79$815,310
Feb 20180246,39561.782.77$681,558
Jan 20180266,59762.874.01$1,068,873
Dec 20170266,36357.272.92$778,185
Nov 20170262,26755.423.12$817,843
Oct 20170267,24249.292.98$797,365
Sep 20170261,92547.523.09$808,636
Aug 20171268,00845.373.00$805,249
Jul 20170257,19243.873.09$794,024
Jun 20171181,72342.493.09$561,072
May 20170253,19445.373.26$826,273
Apr 20171243,89747.933.21$783,348
Mar 20170257,90546.772.98$769,506
Feb 20170235,72050.452.95$695,987
Jan 20170263,01049.413.42$899,179
Dec 20160266,62648.763.72$992,603
Nov 20160261,38742.492.64$691,199
Oct 20160273,25646.193.09$844,432
Sep 20160266,68141.553.10$826,879
Aug 20160283,84641.442.92$830,062
Jul 20160287,30141.622.92$840,166
Jun 20160250,84845.352.69$673,735
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0

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                2,359 Mcf  × $  3.05 =     $7,185

────────────────────────────────────────────────────
Month total                                   $7,185

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/279960 is the state's own key, not one this site invented.