OXSHEER J19 (SA) 5

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 283509District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Aug 2017 – May 2026
Value, last 12 filed months
$588 k
at the published price for each month
Months reported
106
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 Gas112018-04-25221218
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
CondensateDisposition23,935 bbl$1,424,386
GasProduction3,441,088 Mcf$11,167,732
Total$12,592,117

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 31.9988, -94.0687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99877, -94.06875 · 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
9,527 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 9,527 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-365383265H9,527 ftAug 2017

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 (106)

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

106 months

May 20265013,425106.413.05$46,211
Apr 2026799,16998.932.87$34,128
Mar 2026358,75589.753.15$30,715
Feb 202610512,01963.503.75$51,743
Jan 20265912,08559.138.00$100,144
Dec 20257612,64956.664.41$60,131
Nov 2025609,61958.593.93$41,284
Oct 20255612,27559.383.30$43,892
Sep 20257712,95462.743.08$44,689
Aug 20255512,93663.933.01$42,515
Jul 20255712,95366.743.32$46,746
Jun 20257613,09066.483.13$46,007
May 20259412,35260.553.23$45,617
Apr 20257811,60262.363.54$45,971
Mar 20257612,61567.704.27$58,990
Feb 202511311,51570.884.34$57,994
Jan 20257612,14874.324.28$57,626
Dec 20247814,21568.993.12$49,751
Nov 20247813,67369.052.20$35,445
Oct 20249514,31971.372.28$39,448
Sep 20249713,40069.612.36$38,435
Aug 20244013,19575.632.06$30,255
Jul 20249114,51279.932.15$38,425
Jun 20241913,39578.082.63$36,766
May 20242114,69478.812.20$33,959
Apr 20242014,28484.451.66$25,389
Mar 20245513,13580.301.55$24,712
Feb 20247713,11676.091.78$29,253
Jan 20248213,20173.023.30$49,520
Dec 20238213,88671.262.61$42,096
Nov 20239413,58777.892.81$45,468
Oct 20236712,89585.443.09$45,535
Sep 20236214,26289.042.74$44,528
Aug 20236515,26380.522.67$46,030
Jul 20236615,28274.852.64$45,312
Jun 20234915,04668.962.26$37,360
May 20238416,45870.622.23$42,591
Apr 20236516,01978.122.24$40,924
Mar 20239616,56672.852.39$46,639
Feb 20238214,60375.112.47$42,165
Jan 20238217,71676.533.39$66,292
Dec 202210218,03476.415.73$111,112
Nov 202212917,52985.005.65$109,937
Oct 202212816,73887.185.86$109,307
Sep 20229715,62684.888.16$135,799
Aug 20227916,18394.529.13$155,172
Jul 20229816,808101.587.54$136,722
Jun 20229916,627115.097.98$144,031
May 202212617,363109.378.43$160,203
Apr 202212816,881104.226.84$128,766
Mar 202214917,644108.885.08$105,791
Feb 20228916,29491.054.86$87,273
Jan 202215918,16781.844.54$95,449
Dec 202112918,34171.323.90$80,714
Nov 202113018,03977.435.24$104,533
Oct 202112618,41979.795.71$115,297
Sep 202111117,53469.865.35$101,577
Aug 202113618,00166.024.22$84,954
Jul 202111218,70570.783.98$82,412
Jun 20219718,58369.493.38$69,563
May 202112219,77963.483.02$67,431
Apr 202114019,64360.362.76$62,634
Mar 202113420,36561.302.72$63,545
Feb 202110413,57857.805.55$81,341
Jan 202115019,38050.412.81$62,025
Dec 202015819,58644.642.68$59,455
Nov 202017818,81138.772.71$57,814
Oct 202016119,87736.972.48$55,216
Sep 202014519,76537.091.99$44,731
Aug 202014620,57939.982.39$54,920
Jul 202014719,91238.371.83$41,982
Jun 202016019,68734.901.69$38,861
May 202017621,12216.921.81$41,309
Apr 202017320,56614.751.80$39,661
Mar 202020521,76030.341.86$46,611
Feb 202017821,33049.881.98$51,126
Jan 202018822,91457.252.09$58,762
Dec 201917026,09159.012.30$70,155
Nov 201915227,60555.302.75$84,339
Oct 201912128,46953.472.42$75,323
Sep 201911228,09055.052.66$80,809
Aug 201914028,46453.112.30$73,027
Jul 201911629,79756.272.46$79,830
Jun 20199030,37052.782.49$80,408
May 20198532,37958.482.74$93,700
Apr 201913130,93462.632.75$93,295
Mar 201914444,28356.803.06$143,778
Feb 201914140,74250.852.79$120,930
Jan 201916846,48246.033.23$157,785
Dec 201826752,36546.594.19$231,610
Nov 201826249,78852.934.24$224,831
Oct 201828457,86361.443.40$214,072
Sep 201827759,89859.543.11$202,656
Aug 201830169,81559.403.07$231,971
Jul 201831376,54465.142.93$244,807
Jun 201834680,15660.183.08$267,456
May 201836191,06065.382.90$287,749
Apr 201843995,96063.842.90$306,387
Mar 20181,447100,16861.222.79$367,738
Feb 20181,390100,62461.782.77$364,212
Jan 20181,655126,27362.874.01$610,319
Dec 20171,570149,65757.272.92$527,140
Nov 20171,703169,53855.423.12$623,061
Oct 20171,993214,10849.292.98$737,065
Sep 20171,648261,63947.523.09$886,066
Aug 201735172,87345.373.00$234,865

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            50 bbl  × $106.41 =     $5,321
Gas               13,425 Mcf  × $  3.05 =    $40,890

────────────────────────────────────────────────────
Month total                                  $46,211

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/283509 is the state's own key, not one this site invented.