LONGINO HV E

Operated by R. LACY SERVICES, LTD. (P-5 687208) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 295903District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Apr 2023 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
38
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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-1112024-01-02232955

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
CondensateDisposition457 bbl$33,449
GasProduction4,112,470 Mcf$11,511,972
Total$11,545,421

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 32.3066, -94.3678. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30655, -94.36784 · 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
11,049 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 11,049 ft.

Completions filed
Apr 2023
1 of 1 wells

1 well

42-3653876219HH11,049 ftApr 2023

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 (38)

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

38 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026727,90389.753.15$88,507
Feb 2026052,27763.503.75$196,055
Jan 20261460,75259.138.00$486,717
Dec 2025162,31156.664.41$275,058
Nov 20251362,70758.593.93$246,977
Oct 2025060,01659.383.30$198,343
Sep 2025061,57262.743.08$189,452
Aug 2025164,94263.933.01$195,848
Jul 20251767,44866.743.32$224,738
Jun 2025068,57166.483.13$214,539
May 20251773,08660.553.23$237,267
Apr 2025073,89162.363.54$261,805
Mar 20251679,98967.704.27$342,502
Feb 20251874,04370.884.34$322,685
Jan 20251684,81174.324.28$364,068
Dec 20241385,31268.993.12$267,187
Nov 2024272,48369.052.20$159,488
Oct 20241884,80771.372.28$194,763
Sep 20242288,57269.612.36$210,948
Aug 20243096,11675.632.06$200,617
Jul 2024798,77979.932.15$212,598
Jun 202448102,38978.082.63$273,438
May 20249111,50878.812.20$245,853
Apr 202417115,67884.451.66$193,369
Mar 202413127,63680.301.55$198,258
Feb 202411128,18776.091.78$229,476
Jan 202412146,62073.023.30$484,379
Dec 202314158,30871.262.61$414,296
Nov 20238166,11277.892.81$466,993
Oct 202315186,31785.443.09$576,494
Sep 20239201,27789.042.74$551,302
Aug 20230225,24180.522.67$602,042
Jul 202328249,86374.852.64$662,184
Jun 202323274,68668.962.26$621,959
May 202338331,34470.622.23$740,719
Apr 2023086,91678.122.24$194,497

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             7 bbl  × $ 89.75 =       $628
Gas               27,903 Mcf  × $  3.15 =    $87,879

────────────────────────────────────────────────────
Month total                                  $88,507

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/295903 is the state's own key, not one this site invented.