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FURRH-BOUNDS

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 287798District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 M
Apr 2019 – May 2026
Value, last 12 filed months
$940 k
at the published price for each month
Months reported
86
no gaps in the span
Streams
2
condensate, gas

The CARTHAGE (COTTON VALLEY) 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 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-1112020-06-22227217

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
CondensateDisposition44,388 bbl$2,697,087
GasProduction4,016,462 Mcf$13,700,631
Total$16,397,718

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 32.0951, -94.1175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09506, -94.11750 · 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
9,588 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 9,588 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-365384706H9,588 ftFeb 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 (86)

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

86 months

May 20262819,323106.413.05$61,834
Apr 20263421,35698.932.87$64,649
Mar 20261621,81389.753.15$70,135
Feb 2026119,85563.503.75$74,526
Jan 2026021,98159.138.00$175,802
Dec 2025022,24256.664.41$98,162
Nov 2025020,81758.593.93$81,737
Oct 2025022,19259.383.30$73,341
Sep 2025421,55162.743.08$66,562
Aug 20251124,39463.933.01$74,245
Jul 20251428,48566.743.32$95,368
Jun 20251294766.483.13$3,761
May 20252428,37060.553.23$93,154
Apr 20254328,66662.363.54$104,249
Mar 20256229,90267.704.27$131,829
Feb 20256125,95670.884.34$116,995
Jan 20257229,82174.324.28$132,946
Dec 20246329,08468.993.12$95,128
Nov 20247428,89469.052.20$68,631
Oct 20247828,33871.372.28$70,217
Sep 20244929,03069.612.36$72,048
Aug 20243629,72975.632.06$64,072
Jul 20241110,43379.932.15$23,275
Jun 2024163,28778.082.63$9,907
May 202413430,04778.812.20$76,617
Apr 202438229,92884.451.66$81,916
Mar 202437030,73180.301.55$77,194
Feb 202441129,97676.091.78$84,739
Jan 202446933,97773.023.30$146,291
Dec 202345234,40371.262.61$122,026
Nov 202336133,83477.892.81$123,109
Oct 202349535,56385.443.09$152,086
Sep 202335536,08689.042.74$130,306
Aug 202332835,97280.522.67$122,559
Jul 202330231,11274.852.64$104,796
Jun 202327719,88168.962.26$64,003
May 202370741,06470.622.23$141,394
Apr 202346440,28578.122.24$126,396
Mar 202347338,56172.852.39$126,741
Feb 202319736,01575.112.47$103,598
Jan 202323444,62876.533.39$169,095
Dec 202221045,73176.415.73$278,043
Nov 202221145,22585.005.65$273,284
Oct 202228247,80887.185.86$304,919
Sep 202258646,90884.888.16$432,682
Aug 202263549,13394.529.13$508,465
Jul 202259452,313101.587.54$454,887
Jun 202251529,806115.097.98$297,040
May 202285351,763109.378.43$529,812
Apr 202280754,967104.226.84$459,948
Mar 20221,04257,864108.885.08$407,194
Feb 20221,04856,30391.054.86$368,988
Jan 202296465,02281.844.54$373,943
Dec 202189762,61871.323.90$308,129
Nov 202189861,13877.435.24$389,703
Oct 202174449,54079.795.71$342,429
Sep 202178348,89569.865.35$316,334
Aug 20211,24565,06466.024.22$356,803
Jul 202199442,51070.783.98$239,634
Jun 20211,40596,02369.493.38$422,251
May 20211,561109,63663.483.02$429,938
Apr 20211,236110,39960.362.76$379,132
Mar 20211,384128,21061.302.72$433,178
Feb 20211,19489,92957.805.55$567,935
Jan 20211,340112,23550.412.81$382,960
Dec 20201,664123,02344.642.68$403,424
Nov 20201,240123,09438.772.71$381,237
Oct 2020206104,08036.972.48$265,571
Sep 2020428122,47837.091.99$259,733
Aug 2020727131,46139.982.39$342,613
Jul 2020739116,48038.371.83$240,945
Jun 20201,358121,82234.901.69$253,311
May 20201,956128,94616.921.81$267,100
Apr 20201,932126,69514.751.80$257,103
Mar 20204,376138,73230.341.86$390,286
Feb 20201,21472,08249.881.98$203,325
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$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            28 bbl  × $106.41 =     $2,979
Gas               19,323 Mcf  × $  3.05 =    $58,855

────────────────────────────────────────────────────
Month total                                  $61,834

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/287798 is the state's own key, not one this site invented.