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 294039District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jul 2022 – May 2026
Value, last 12 filed months
$977 k
at the published price for each month
Months reported
47
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-1112023-06-15232241

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
CondensateDisposition19,187 bbl$1,412,407
GasProduction1,712,437 Mcf$5,095,891
Total$6,508,298

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 32.6102, -94.4313. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61022, -94.43131 · 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
10,013 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 10,013 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-203354522H10,013 ftNov 2022

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 (47)

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

47 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202617317,93089.753.15$71,996
Feb 202634415,08363.503.75$78,410
Jan 2026018,09959.138.00$144,754
Dec 202536719,16556.664.41$105,376
Nov 202534618,34058.593.93$92,283
Oct 2025020,11859.383.30$66,487
Sep 202518234,08562.743.08$116,296
Aug 202554423,50263.933.01$105,631
Jul 202518028,10966.743.32$105,200
Jun 2025029,08066.483.13$90,983
May 202533729,83360.553.23$116,835
Apr 202567930,11162.363.54$149,029
Mar 202518033,37767.704.27$154,650
Feb 202537827,41170.884.34$145,779
Jan 202518127,75374.324.28$132,198
Dec 2024026,46168.993.12$82,595
Nov 202435615,83269.052.20$59,388
Oct 202452728,57671.372.28$102,805
Sep 202417737,76669.612.36$101,613
Aug 202437032,24775.632.06$94,529
Jul 202417633,83679.932.15$86,700
Jun 202467129,61378.082.63$130,392
May 202454136,34278.812.20$122,532
Apr 202418437,03784.451.66$76,991
Mar 202456239,72580.301.55$106,509
Feb 202437633,06776.091.78$87,589
Jan 202418141,99473.023.30$151,699
Dec 202343436,71271.262.61$126,772
Nov 202355547,22977.892.81$175,827
Oct 202353649,37385.443.09$198,224
Sep 202355653,92489.042.74$196,991
Aug 202373559,83480.522.67$219,111
Jul 202354364,22474.852.64$210,311
Jun 20231,27668,53568.962.26$242,778
May 20231,06577,20170.622.23$247,168
Apr 202391783,36878.122.24$258,194
Mar 20231,252101,54872.852.39$334,229
Feb 20231,29997,80575.112.47$338,724
Jan 20232,007113,32076.533.39$537,492
Dec 2022091,26176.415.73$522,842
Nov 202203,61185.005.65$20,388
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$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           173 bbl  × $ 89.75 =    $15,527
Gas               17,930 Mcf  × $  3.15 =    $56,469

────────────────────────────────────────────────────
Month total                                  $71,996

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/294039 is the state's own key, not one this site invented.