INTERNATIONAL PAPER CO. GU

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

Gas lease lease 285034District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Jun 2018 – May 2026
Value, last 12 filed months
$576 k
at the published price for each month
Months reported
96
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

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 Gas112019-08-06222861
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
CondensateDisposition22,456 bbl$1,359,162
GasProduction3,286,181 Mcf$10,777,413
Total$12,136,575

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 32.3343, -94.4899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33432, -94.48987 · 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
10,427 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 10,427 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-365383884H10,427 ftJun 2018

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 (96)

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

96 months

May 202606,792106.413.05$20,687
Apr 202612211,38898.932.87$44,750
Mar 2026011,19089.753.15$35,242
Feb 2026010,03063.503.75$37,616
Jan 2026012,50159.138.00$99,982
Dec 2025013,21456.664.41$58,318
Nov 2025011,40658.593.93$44,785
Oct 2025013,96559.383.30$46,152
Sep 202517013,45162.743.08$52,053
Aug 2025013,89763.933.01$41,896
Jul 2025014,89966.743.32$49,393
Jun 2025014,57366.483.13$45,595
May 2025014,73660.553.23$47,631
Apr 202517814,11662.363.54$61,115
Mar 2025014,70567.704.27$62,766
Feb 2025013,74070.884.34$59,643
Jan 2025012,68374.324.28$54,267
Dec 202416715,15568.993.12$58,826
Nov 2024013,50369.052.20$29,686
Oct 202416713,56871.372.28$42,873
Sep 2024015,08669.612.36$35,669
Aug 20241316,14575.632.06$34,301
Jul 2024116,20979.932.15$34,874
Jun 2024115,31678.082.63$40,420
May 202417416,59278.812.20$50,189
Apr 2024015,99084.451.66$26,531
Mar 202418116,93180.301.55$40,695
Feb 2024115,53976.091.78$27,792
Jan 2024316,69773.023.30$55,280
Dec 202320716,94071.262.61$58,976
Nov 2023516,70577.892.81$47,290
Oct 2023217,56285.443.09$54,390
Sep 202317616,44189.042.74$60,638
Aug 2023017,69180.522.67$47,286
Jul 202319718,07574.852.64$62,496
Jun 2023017,14168.962.26$38,713
May 202318014,40970.622.23$44,806
Apr 2023018,15978.122.24$40,635
Mar 202317819,10572.852.39$58,689
Feb 202319117,64775.112.47$57,858
Jan 20232719,75476.533.39$68,987
Dec 2022019,48076.415.73$111,602
Nov 202219019,15085.005.65$124,275
Oct 2022020,27487.185.86$118,882
Sep 202219320,01584.888.16$179,778
Aug 20221321,19694.529.13$194,688
Jul 2022422,061101.587.54$166,792
Jun 202217419,925115.097.98$178,971
May 202218422,020109.378.43$205,820
Apr 202217921,929104.226.84$168,597
Mar 202219522,230108.885.08$134,080
Feb 2022720,02491.054.86$97,931
Jan 202218219,61381.844.54$103,892
Dec 202115824,29571.323.90$105,998
Nov 202117022,95977.435.24$133,396
Oct 202117824,23979.795.71$152,701
Sep 2021024,12869.865.35$129,107
Aug 202117924,24666.024.22$114,150
Jul 202118325,58670.783.98$114,838
Jun 202117925,28569.493.38$97,918
May 202118126,69563.483.02$92,047
Apr 202118326,40060.362.76$83,868
Mar 202118228,21261.302.72$87,807
Feb 2021021,95157.805.55$121,783
Jan 202117628,54350.412.81$89,086
Dec 202017729,34944.642.68$86,423
Nov 202018029,32138.772.71$86,338
Oct 202017131,59236.972.48$84,620
Sep 202035531,87237.091.99$76,625
Aug 2020933,54339.982.39$80,363
Jul 202018424,42838.371.83$51,644
Jun 202034730,44734.901.69$63,575
May 2020032,64416.921.81$59,241
Apr 202037033,88214.751.80$66,594
Mar 202018037,17530.341.86$74,467
Feb 202018636,40749.881.98$81,388
Jan 202018141,00657.252.09$96,259
Dec 201943143,06559.012.30$124,671
Nov 201918645,20855.302.75$134,639
Oct 201936249,44853.472.42$138,948
Sep 201935650,54555.052.66$153,910
Aug 201953954,92753.112.30$155,198
Jul 201953758,84856.272.46$174,987
Jun 201954060,93152.782.49$180,293
May 201936867,01158.482.74$205,152
Apr 201953270,23462.632.75$226,512
Mar 201935679,27556.803.06$262,969
Feb 201988276,53550.852.79$258,552
Jan 201972084,86546.033.23$307,101
Dec 201836295,69146.594.19$417,375
Nov 2018730105,19952.934.24$484,392
Oct 20181,440125,49161.443.40$514,902
Sep 20181,451145,10559.543.11$537,379
Aug 20181,929185,18659.403.07$682,467
Jul 20182,699235,20865.142.93$865,414
Jun 201826597,64160.183.08$316,381

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                6,792 Mcf  × $  3.05 =    $20,687

────────────────────────────────────────────────────
Month total                                  $20,687

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/285034 is the state's own key, not one this site invented.