BATES-CARRINGTON

Operated by TGNR PANOLA LLC (P-5 102948) 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 286898District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Feb 2019 – May 2026
Value, last 12 filed months
$773 k
at the published price for each month
Months reported
88
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
NGPA1none
ST-1112020-10-22227084

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
CondensateDisposition40,767 bbl$2,596,427
GasProduction1,792,817 Mcf$5,838,032
Total$8,434,459

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 32.1483, -94.1635. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14830, -94.16354 · 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
9,404 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 9,404 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-365384123H9,404 ftFeb 2019

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 (88)

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

88 months

May 20262343,428106.413.05$35,341
Apr 20262739,39798.932.87$53,975
Mar 20262243,43389.753.15$30,916
Feb 202612911,24663.503.75$50,368
Jan 2026742,85259.138.00$27,186
Dec 202516411,22656.664.41$58,837
Nov 202538714,62558.593.93$80,099
Oct 2025622059.383.30$36,934
Sep 202569615,24762.743.08$90,581
Aug 202563420,58763.933.01$102,596
Jul 202556619,86766.743.32$103,638
Jun 202569618,11966.483.13$102,959
May 202564621,32060.553.23$108,028
Apr 202559026,92362.363.54$132,184
Mar 202574923,76867.704.27$152,157
Feb 202576820,96970.884.34$145,459
Jan 202582921,30074.324.28$152,747
Dec 202484924,34968.993.12$134,575
Nov 202459920,45269.052.20$86,323
Oct 202444823,86871.372.28$86,426
Sep 202441814,34369.612.36$63,009
Aug 202436814,83575.632.06$58,446
Jul 202442316,25879.932.15$68,710
Jun 202432313,80978.082.63$61,592
May 202436420,64478.812.20$74,071
Apr 202433416,68284.451.66$55,885
Mar 202429712,58680.301.55$43,296
Feb 202423513,19576.091.78$41,416
Jan 202424720,85773.023.30$86,815
Dec 202330819,33271.262.61$72,419
Nov 202352816,70277.892.81$88,018
Oct 202365121,59085.443.09$122,276
Sep 202357921,88189.042.74$111,400
Aug 202348424,88080.522.67$105,473
Jul 202360520,59574.852.64$99,692
Jun 202371423,04868.962.26$101,291
May 202381822,02170.622.23$106,817
Apr 202373018,56378.122.24$98,567
Mar 202387214,67172.852.39$98,635
Feb 20237509,17075.112.47$78,943
Jan 202385715,60676.533.39$118,455
Dec 202270316,01676.415.73$145,473
Nov 202234821,07385.005.65$148,562
Oct 202249718,15987.185.86$149,808
Sep 202239613,48384.888.16$143,683
Aug 202249613,84294.529.13$173,220
Jul 202237711,490101.587.54$124,954
Jun 2022919,206115.097.98$154,246
May 20222622,032109.378.43$188,640
Apr 202213221,094104.226.84$157,989
Mar 202215627,926108.885.08$158,749
Feb 202216528,21791.054.86$152,125
Jan 202211428,19081.844.54$137,247
Dec 20219228,71171.323.90$118,509
Nov 202112130,18977.435.24$167,464
Oct 202112325,29379.795.71$154,335
Sep 202182,79569.865.35$15,515
Aug 202112066.024.22$792
Jul 2021067870.783.98$2,700
Jun 2021055369.493.38$1,869
May 202152063.483.02$3,301
Apr 20212421,59360.362.76$19,001
Mar 20211,4117,82861.302.72$107,763
Feb 20216515,82057.805.55$69,917
Jan 20211,32114,47650.412.81$107,273
Dec 20201,30330,36144.642.68$139,396
Nov 20201,37339,28538.772.71$159,559
Oct 20201,59133,87936.972.48$142,786
Sep 20201,47739,24137.091.99$132,912
Aug 202041948,71839.982.39$132,949
Jul 202036035,56638.371.83$78,725
Jun 2020384734.901.69$1,406
May 202034820,93216.921.81$43,875
Apr 202052132,72114.751.80$66,726
Mar 202050623,45330.341.86$58,886
Feb 202071430,80749.881.98$96,633
Jan 202046444,82057.252.09$120,450
Dec 201919320,20959.012.30$57,958
Nov 20190055.302.75$0
Oct 20191053.472.42$53
Sep 2019343,81055.052.66$11,996
Aug 201947960,38053.112.30$164,577
Jul 201960363,01656.272.46$188,954
Jun 201973060,67552.782.49$189,683
May 201980966,68758.482.74$230,054
Apr 201927069,18762.632.75$207,223
Mar 2019026,11556.803.06$79,967
Feb 20190050.852.79$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           234 bbl  × $106.41 =    $24,900
Gas                3,428 Mcf  × $  3.05 =    $10,441

────────────────────────────────────────────────────
Month total                                  $35,341

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/286898 is the state's own key, not one this site invented.