CARTHAGE GAS UNIT 17

Operated by VALENCE OPERATING COMPANY (P-5 881167) 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 82477District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$517 k
Jan 1993 – Apr 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
244
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
NGPA2none

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
CondensateDisposition17 bbl$1,564
GasProduction174,480 Mcf$515,856
Total$517,420

45,411 Mcf of this lease's gas, across 33 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.0824, -94.4445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08239, -94.44453 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,700 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
1100.0%
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.
00.0%

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 9,700 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-3653079329,700 ftOct 2014Yes

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 (244)

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

244 months

Apr 20130093.964.28$0
Mar 2013010793.623.91$419
Feb 201302391.233.42$79
Jan 201323291.603.42$293
Dec 201207086.773.42$239
Nov 201249786.953.62$699
Oct 2012014789.383.40$500
Sep 201226694.672.92$382
Aug 201229892.662.91$470
Jul 2012211885.133.02$527
Jun 201209179.822.52$229
May 2012216391.612.49$589
Apr 201239101.652.00$323
Mar 2012083105.052.22$184
Feb 2012039101.102.57$100
Jan 20120098.092.73$0
Dec 20110396.873.24$10
Nov 2011021095.723.31$695
Oct 201107784.983.65$281
Sep 201107083.623.99$279
Aug 2011021083.404.15$871
Jul 2011017294.144.52$777
Jun 201104992.904.64$227
May 2011018298.134.40$802
Apr 20110163105.964.33$706
Mar 2011047296.364.06$1,915
Feb 20110085.644.18$0
Jan 2011010086.504.59$459
Dec 201008185.734.35$352
Nov 201008080.843.80$304
Oct 2010018678.103.51$653
Sep 20100072.633.98$0
Aug 2010035073.684.42$1,547
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010011581.694.12$474
Mar 2010023878.394.39$1,045
Feb 201003873.585.44$207
Jan 2010019774.365.96$1,175
Dec 200907671.445.48$417
Nov 2009012174.593.75$454
Oct 200907672.544.11$312
Sep 2009011565.543.06$352
Aug 2009013967.423.22$447
Jul 2009021861.133.46$755
Jun 2009015566.163.90$604
May 2009014754.743.93$577
Apr 2009015946.773.59$570
Mar 200901,26742.144.06$5,143
Feb 200905732.814.63$264
Jan 2009013435.865.37$720
Dec 2008025337.105.98$1,512
Nov 2008019155.496.86$1,310
Oct 2008018775.246.92$1,294
Sep 20080264101.767.88$2,080
Aug 20080291114.228.48$2,469
Jul 20080190131.0811.39$2,164
Jun 2008098131.3313.03$1,277
May 20080151123.1711.57$1,748
Apr 20080149110.3110.45$1,558
Mar 20080194101.909.66$1,875
Feb 2008013692.538.77$1,193
Jan 2008015890.388.21$1,297
Dec 2007013988.337.30$1,015
Nov 2007028491.677.29$2,071
Oct 2007054882.856.92$3,793
Sep 2007053075.846.24$3,309
Aug 2007051269.066.39$3,271
Jul 2007035170.906.39$2,242
Jun 2007028762.007.55$2,166
May 2007035258.747.85$2,762
Apr 2007021959.617.81$1,709
Mar 2007013756.927.30$1,000
Feb 2007020255.108.22$1,660
Jan 2007032550.306.73$2,186
Dec 2006028256.656.92$1,951
Nov 2006026154.207.62$1,988
Oct 2006035154.906.01$2,111
Sep 2006025860.085.04$1,300
Aug 2006027968.717.34$2,048
Jul 2006032869.376.34$2,080
Jun 2006020066.286.38$1,277
May 2006027966.016.42$1,793
Apr 2006031064.397.36$2,282
Mar 2006032056.707.08$2,267
Feb 2006020857.597.75$1,612
Jan 2006035260.598.93$3,145
Dec 20050054.9413.42$0
Nov 2005023854.6910.59$2,520
Oct 2005018458.3413.80$2,538
Sep 2005022761.4512.08$2,742
Aug 2005026761.519.80$2,616
Jul 2005044555.697.84$3,490
Jun 20050352.337.38$22
May 200509045.226.65$599
Apr 2005038449.207.36$2,826
Mar 2005047850.377.15$3,420
Feb 2005034745.226.31$2,190
Jan 2005035543.166.32$2,244
Dec 2004087039.866.75$5,873
Nov 2004060045.286.33$3,798
Oct 2004062549.706.52$4,072
Sep 2004083743.245.28$4,423
Aug 2004075742.375.55$4,202
Jul 2004070538.286.08$4,289
Jun 2004073536.106.43$4,728
May 2004082737.486.49$5,371
Apr 2004065334.475.86$3,826
Mar 2004056434.365.53$3,119
Feb 2004083832.455.51$4,617
Jan 2004063732.036.30$4,013
Dec 2003084330.266.30$5,312
Nov 2003054628.804.60$2,509
Oct 2003048428.174.76$2,304
Sep 2003044926.314.75$2,132
Aug 2003048829.765.13$2,503
Jul 2003044829.415.17$2,317
Jun 2003033028.565.98$1,974
May 2003039826.595.97$2,377
Apr 2003062826.675.41$3,396
Mar 2003065131.146.10$3,969
Feb 2003061033.487.93$4,835
Jan 2003069430.315.58$3,874
Dec 2002046426.914.85$2,252
Nov 2002040824.664.14$1,688
Oct 2002031826.464.23$1,345
Sep 2002025527.443.64$927
Aug 2002046525.963.16$1,471
Jul 2002022724.583.06$695
Jun 2002038823.733.34$1,295
May 2002026224.663.58$939
Apr 2002072323.653.51$2,539
Mar 2002043022.003.10$1,334
Feb 2002032818.222.38$779
Jan 2002048917.172.38$1,162
Dec 2001097416.932.36$2,303
Nov 2001052018.072.41$1,251
Oct 2001023119.782.53$584
Sep 2001019824.262.25$446
Aug 2001062324.873.05$1,902
Jul 200101,56923.933.20$5,016
Jun 200101,64524.563.82$6,291
May 200101,98025.524.31$8,528
Apr 200101,81624.685.34$9,689
Mar 200101,29224.545.38$6,946
Feb 200101,18727.755.77$6,846
Jan 200102,01327.478.40$16,907
Dec 200001,99826.889.12$18,227
Nov 200001,72832.215.66$9,777
Oct 200001,79631.235.15$9,241
Sep 200001,74831.875.19$9,066
Aug 200001,79629.644.54$8,155
Jul 200001,71328.534.09$7,006
Jun 200001,19329.304.40$5,246
May 200001,58627.263.68$5,836
Apr 2000091124.513.12$2,839
Mar 200001,84128.422.86$5,265
Feb 200001,74327.622.73$4,752
Jan 200001,91825.272.48$4,758
Dec 199901,95624.282.42$4,741
Nov 199902,19923.192.43$5,352
Oct 199902,20820.982.80$6,191
Sep 199902,17621.752.62$5,699
Aug 199902,29619.262.88$6,602
Jul 199902,33217.892.37$5,532
Jun 199902,30715.942.36$5,449
May 199902,53115.792.32$5,875
Apr 199902,45115.102.21$5,412
Mar 199902,33512.471.84$4,293
Feb 199901,7979.981.82$3,267
Jan 199901,82510.381.90$3,467
Dec 199801,4059.201.77$2,492
Nov 199801,85510.892.19$4,055
Oct 199801,87912.421.97$3,700
Sep 199801,06412.592.08$2,216
Aug 1998030011.301.91$572
Jul 1998071411.742.24$1,597
Jun 1998072511.242.24$1,622
May 1998067612.622.21$1,491
Apr 1998029413.042.51$737
Mar 199801,26712.802.31$2,926
Feb 199801,50613.952.30$3,462
Jan 1998098414.702.15$2,120
Dec 1997097116.322.41$2,341
Nov 1997076318.193.09$2,356
Oct 1997068819.253.15$2,167
Sep 1997040517.742.95$1,197
Aug 1997056517.862.55$1,443
Jul 199701,75117.582.25$3,934
Jun 199701,64717.242.26$3,718
May 199702,09318.972.31$4,832
Apr 199701,97917.882.08$4,122
Mar 199701,68018.951.94$3,258
Feb 199702,07520.492.21$4,577
Jan 199701,98323.483.54$7,019
Dec 199602,29323.32$0
Nov 199602,82521.97$0
Oct 199602,80323.31$0
Sep 199602,25822.22$0
Aug 1996056620.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 1995075717.73$0
Mar 1995088416.44$0
Feb 199501,00516.58$0
Jan 1995056715.92$0
Dec 1994043615.03$0
Nov 1994042215.90$0
Oct 1994065515.58$0
Sep 1994033715.29$0
Aug 1994064816.13$0
Jul 1994095517.56$0
Jun 199401,49717.09$0
May 199401,24015.88$0
Apr 199401,20014.14$0
Mar 199401,03612.46$0
Feb 199401,46912.50$0
Jan 199401,03612.66$0
Dec 199301,77712.33$0
Nov 1993089514.49$0
Oct 1993092015.85$0
Sep 199302,68115.03$0
Aug 199302,85615.66$0
Jul 199301,43215.46$0
Jun 199301,70916.79$0
May 199302,01417.68$0
Apr 199301,36118.05$0
Mar 199301,56718.14$0
Feb 199301,54317.90$0
Jan 199301,76716.93$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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.62 =         $0
Gas                  107 Mcf  × $  3.91 =       $419

────────────────────────────────────────────────────
Month total                                     $419

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/82477 is the state's own key, not one this site invented.