DUKE

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286978District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Jan 2019 – May 2026
Value, last 12 filed months
$692 k
at the published price for each month
Months reported
89
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
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 20 acres. The field rule took effect on 2010-11-02.

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-1222020-10-20 – 2020-10-282 dockets

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
CondensateDisposition34,887 bbl$2,119,436
GasProduction3,668,340 Mcf$11,348,238
Total$13,467,674

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 32.5927, -94.4228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59274, -94.42285 · 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
9,899 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 9,899 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-203353141H9,899 ftApr 2020

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 (89)

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

89 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202618415,59889.753.15$65,639
Feb 202618112,54163.503.75$58,526
Jan 202619614,63759.138.00$128,655
Dec 2025015,49656.664.41$68,389
Nov 202517914,18558.593.93$66,184
Oct 202518213,55259.383.30$55,594
Sep 202535915,41462.743.08$69,951
Aug 202518214,76063.933.01$56,133
Jul 202518215,06466.743.32$62,087
Jun 202518315,40966.483.13$60,376
May 202518815,80960.553.23$62,483
Apr 202518815,34962.363.54$66,107
Mar 202517516,22367.704.27$81,092
Feb 2025015,03470.884.34$65,260
Jan 202517811,52374.324.28$62,532
Dec 202435624,39768.993.12$100,713
Nov 2024016,91969.052.20$37,195
Oct 202417316,92471.372.28$50,957
Sep 202418818,13969.612.36$55,974
Aug 202418518,76575.632.06$52,716
Jul 202417719,40879.932.15$55,809
Jun 202435519,39278.082.63$78,797
May 202417720,20678.812.20$58,371
Apr 202418019,00384.451.66$46,731
Mar 202418519,32680.301.55$44,717
Feb 202417815,95676.091.78$42,004
Jan 2024019,19873.023.30$63,308
Dec 202336215,01871.262.61$65,004
Nov 2023019,54677.892.81$54,877
Oct 202335520,64685.443.09$94,071
Sep 202317720,78589.042.74$72,608
Aug 202317659,83480.522.67$174,101
Jul 202336321,69574.852.64$84,484
Jun 202318521,33868.962.26$60,949
May 202335222,82270.622.23$75,692
Apr 202318323,66778.122.24$67,257
Mar 202335524,95572.852.39$85,583
Feb 202318222,05075.112.47$68,038
Jan 202334925,18976.533.39$112,042
Dec 2022020,67576.415.73$118,449
Nov 20223496,67585.005.65$67,353
Oct 202217829,23087.185.86$186,916
Sep 202217128,31384.888.16$245,653
Aug 202270430,32394.529.13$343,305
Jul 2022030,842101.587.54$232,613
Jun 202252631,065115.097.98$308,349
May 202233833,059109.378.43$315,755
Apr 202235132,271104.226.84$257,237
Mar 202250634,390108.885.08$229,671
Feb 202236031,08091.054.86$183,791
Jan 202252935,92481.844.54$206,305
Dec 202135936,30371.323.90$167,154
Nov 202153236,68677.435.24$233,312
Oct 202135938,79979.795.71$250,337
Sep 202168139,03369.865.35$256,437
Aug 202133941,58566.024.22$197,894
Jul 202153442,39270.783.98$206,605
Jun 202172942,70469.493.38$195,024
May 202117141,69563.483.02$136,677
Apr 202167340,85860.362.76$153,326
Mar 2021044,93161.302.72$122,075
Feb 202137437,46657.805.55$229,477
Jan 202173448,10250.412.81$172,181
Dec 202056250,53144.642.68$160,281
Nov 202056650,48538.772.71$158,585
Oct 202071954,93436.972.48$162,732
Sep 202055455,49037.091.99$131,031
Aug 202035561,86439.982.39$161,745
Jul 202080763,31738.371.83$146,526
Jun 202056163,54434.901.69$126,988
May 202091969,08216.921.81$140,916
Apr 202094164,88714.751.80$130,961
Mar 20201,12882,71130.341.86$187,754
Feb 202054991,00849.881.98$207,641
Jan 2020750109,84157.252.09$273,026
Dec 2019935124,95259.012.30$343,109
Nov 2019937134,91255.302.75$422,919
Oct 20191,111141,37353.472.42$401,321
Sep 20191,093151,78255.052.66$463,497
Aug 20191,473171,63753.112.30$473,744
Jul 20191,297134,12456.272.46$402,935
Jun 20191,463139,37252.782.49$424,421
May 2019920215,06458.482.74$643,146
Apr 2019057,25762.632.75$157,497
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$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.

Mar 2026 — as filed, then multipliedworked
Condensate           184 bbl  × $ 89.75 =    $16,514
Gas               15,598 Mcf  × $  3.15 =    $49,125

────────────────────────────────────────────────────
Month total                                  $65,639

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/286978 is the state's own key, not one this site invented.