SHERIDAN GAS UNIT

Name: SHERIDAN GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the SHERIDAN (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 8286District 03Field 83107175CondensateGasSave Export

Value, all time

$5.4 M

Jan 1993 – Aug 2008

Value, last 12 filed months

$107 k

at the published price for each month

Months reported

188

no gaps in the span

Streams

condensate, gas

The SHERIDAN (WILCOX) 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 83 leases and 86 wells, and the rule below applies to all of them.

Discovered

1975-01-01

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 80 acres. The field rule took effect on 2001-12-20.

The Commission's schedule remark for this field reads: “CONSOLIDATED) EFFECTIVE 9/9/08.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,169 bbl	$153,811
Gas	Production	1,850,082 Mcf	$5,266,942
Total			$5,420,752

738,222 Mcf of this lease's gas, across 47 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 29.4834, -96.5962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.48337, -96.59617 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,107 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 11,107 ft.

Completions filed

Sep 2008

1 of 1 wells

1 well


42-08900525	23 L	11,107 ft	Sep 2008	—	Yes

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 (188)

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

188 months


Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	8	0	91.67	7.29	$733
Oct 2007	88	7,185	82.85	6.92	$57,025
Sep 2007	80	6,948	75.84	6.24	$49,452
Aug 2007	81	7,040	69.06	6.39	$50,565
Jul 2007	91	7,162	70.90	6.39	$52,202
Jun 2007	77	7,052	62.00	7.55	$58,006
May 2007	108	8,371	58.74	7.85	$72,025
Apr 2007	101	6,891	59.61	7.81	$59,806
Mar 2007	114	7,905	56.92	7.30	$64,211
Feb 2007	39	5,820	55.10	8.22	$49,966
Jan 2007	44	6,717	50.30	6.73	$47,397
Dec 2006	40	6,791	56.65	6.92	$49,249
Nov 2006	34	6,543	54.20	7.62	$51,684
Oct 2006	27	6,261	54.90	6.01	$39,135
Sep 2006	38	6,845	60.08	5.04	$36,763
Aug 2006	19	6,211	68.71	7.34	$46,894
Jul 2006	20	7,063	69.37	6.34	$46,186
Jun 2006	25	6,941	66.28	6.38	$45,968
May 2006	34	7,607	66.01	6.42	$51,119
Apr 2006	24	7,184	64.39	7.36	$54,423
Mar 2006	22	7,253	56.70	7.08	$52,620
Feb 2006	18	6,208	57.59	7.75	$49,156
Jan 2006	22	7,003	60.59	8.93	$63,893
Dec 2005	28	7,253	54.94	13.42	$98,840
Nov 2005	36	6,600	54.69	10.59	$71,852
Oct 2005	68	6,848	58.34	13.80	$98,440
Sep 2005	54	6,801	61.45	12.08	$85,468
Aug 2005	35	8,026	61.51	9.80	$80,782
Jul 2005	46	10,120	55.69	7.84	$81,939
Jun 2005	44	10,069	52.33	7.38	$76,622
May 2005	49	10,802	45.22	6.65	$74,062
Apr 2005	47	10,702	49.20	7.36	$81,084
Mar 2005	13	7,813	50.37	7.15	$56,556
Feb 2005	63	7,126	45.22	6.31	$47,828
Jan 2005	63	8,188	43.16	6.32	$54,485
Dec 2004	65	7,206	39.86	6.75	$51,239
Nov 2004	116	10,121	45.28	6.33	$69,323
Oct 2004	87	10,146	49.70	6.52	$70,426
Sep 2004	71	11,182	43.24	5.28	$62,155
Aug 2004	63	11,883	42.37	5.55	$68,628
Jul 2004	62	12,385	38.28	6.08	$77,726
Jun 2004	55	11,132	36.10	6.43	$73,598
May 2004	69	12,204	37.48	6.49	$81,846
Apr 2004	71	12,123	34.47	5.86	$73,469
Mar 2004	73	10,836	34.36	5.53	$62,433
Feb 2004	65	8,442	32.45	5.51	$48,621
Jan 2004	52	8,948	32.03	6.30	$58,035
Dec 2003	59	10,836	30.26	6.30	$70,070
Nov 2003	57	10,343	28.80	4.60	$49,169
Oct 2003	55	11,829	28.17	4.76	$57,851
Sep 2003	59	8,642	26.31	4.75	$42,596
Aug 2003	52	9,572	29.76	5.13	$50,649
Jul 2003	61	8,907	29.41	5.17	$47,851
Jun 2003	44	9,744	28.56	5.98	$59,555
May 2003	63	11,691	26.59	5.97	$71,502
Apr 2003	58	10,959	26.67	5.41	$60,805
Mar 2003	60	9,651	31.14	6.10	$60,701
Feb 2003	37	10,628	33.48	7.93	$85,475
Jan 2003	15	9,075	30.31	5.58	$51,112
Dec 2002	0	10,811	26.91	4.85	$52,474
Nov 2002	0	11,326	24.66	4.14	$46,855
Oct 2002	0	9,494	26.46	4.23	$40,151
Sep 2002	0	13,503	27.44	3.64	$49,086
Aug 2002	0	14,049	25.96	3.16	$44,453
Jul 2002	0	12,234	24.58	3.06	$37,458
Jun 2002	0	8,109	23.73	3.34	$27,070
May 2002	0	12,804	24.66	3.58	$45,890
Apr 2002	0	12,705	23.65	3.51	$44,624
Mar 2002	0	13,294	22.00	3.10	$41,248
Feb 2002	0	12,723	18.22	2.38	$30,226
Jan 2002	0	13,678	17.17	2.38	$32,495
Dec 2001	0	8,060	16.93	2.36	$19,057
Nov 2001	0	7,606	18.07	2.41	$18,296
Oct 2001	0	8,056	19.78	2.53	$20,373
Sep 2001	0	5,564	24.26	2.25	$12,526
Aug 2001	0	13,202	24.87	3.05	$40,308
Jul 2001	0	12,819	23.93	3.20	$40,983
Jun 2001	0	483	24.56	3.82	$1,847
May 2001	0	5,090	25.52	4.31	$21,924
Apr 2001	0	5,049	24.68	5.34	$26,938
Mar 2001	0	5,809	24.54	5.38	$31,232
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	6,934	27.47	8.40	$58,237
Dec 2000	0	6,581	26.88	9.12	$60,035
Nov 2000	0	6,066	32.21	5.66	$34,321
Oct 2000	0	8,067	31.23	5.15	$41,509
Sep 2000	0	5,875	31.87	5.19	$30,471
Aug 2000	0	5,589	29.64	4.54	$25,378
Jul 2000	0	5,298	28.53	4.09	$21,668
Jun 2000	0	4,905	29.30	4.40	$21,569
May 2000	0	4,934	27.26	3.68	$18,156
Apr 2000	0	6,380	24.51	3.12	$19,880
Mar 2000	0	3,676	28.42	2.86	$10,512
Feb 2000	0	3,738	27.62	2.73	$10,192
Jan 2000	0	5,766	25.27	2.48	$14,303
Dec 1999	0	5,839	24.28	2.42	$14,152
Nov 1999	0	5,420	23.19	2.43	$13,192
Oct 1999	0	5,042	20.98	2.80	$14,136
Sep 1999	0	5,470	21.75	2.62	$14,325
Aug 1999	0	5,800	19.26	2.88	$16,678
Jul 1999	0	5,850	17.89	2.37	$13,878
Jun 1999	0	5,869	15.94	2.36	$13,863
May 1999	0	5,462	15.79	2.32	$12,677
Apr 1999	0	5,435	15.10	2.21	$12,001
Mar 1999	0	5,575	12.47	1.84	$10,249
Feb 1999	0	5,067	9.98	1.82	$9,211
Jan 1999	0	5,708	10.38	1.90	$10,845
Dec 1998	0	5,525	9.20	1.77	$9,798
Nov 1998	0	5,348	10.89	2.19	$11,689
Oct 1998	0	1,973	12.42	1.97	$3,885
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	5,218	11.30	1.91	$9,953
Jul 1998	0	13,404	11.74	2.24	$29,988
Jun 1998	0	15,289	11.24	2.24	$34,206
May 1998	0	14,178	12.62	2.21	$31,281
Apr 1998	0	13,790	13.04	2.51	$34,549
Mar 1998	0	13,779	12.80	2.31	$31,822
Feb 1998	0	12,067	13.95	2.30	$27,744
Jan 1998	0	13,325	14.70	2.15	$28,713
Dec 1997	0	11,759	16.32	2.41	$28,352
Nov 1997	0	10,765	18.19	3.09	$33,245
Oct 1997	0	11,772	19.25	3.15	$37,080
Sep 1997	0	11,321	17.74	2.95	$33,452
Aug 1997	0	11,196	17.86	2.55	$28,603
Jul 1997	0	9,615	17.58	2.25	$21,604
Jun 1997	0	4,796	17.24	2.26	$10,826
May 1997	0	13,655	18.97	2.31	$31,523
Apr 1997	0	14,115	17.88	2.08	$29,398
Mar 1997	0	12,980	18.95	1.94	$25,170
Feb 1997	0	12,845	20.49	2.21	$28,335
Jan 1997	0	14,497	23.48	3.54	$51,315
Dec 1996	0	11,821	23.32	—	$0
Nov 1996	0	13,685	21.97	—	$0
Oct 1996	0	16,300	23.31	—	$0
Sep 1996	0	14,025	22.22	—	$0
Aug 1996	0	15,602	20.26	—	$0
Jul 1996	0	15,253	19.55	—	$0
Jun 1996	0	14,459	18.73	—	$0
May 1996	0	15,326	19.43	—	$0
Apr 1996	0	15,591	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	14,349	16.98	—	$0
Jan 1996	0	15,368	17.07	—	$0
Dec 1995	0	15,513	17.19	—	$0
Nov 1995	0	15,347	16.00	—	$0
Oct 1995	0	15,885	15.43	—	$0
Sep 1995	0	15,153	16.18	—	$0
Aug 1995	0	15,800	15.92	—	$0
Jul 1995	0	16,491	15.24	—	$0
Jun 1995	0	14,791	16.41	—	$0
May 1995	0	11,659	17.56	—	$0
Apr 1995	0	14,137	17.73	—	$0
Mar 1995	0	15,276	16.44	—	$0
Feb 1995	0	13,102	16.58	—	$0
Jan 1995	0	17,380	15.92	—	$0
Dec 1994	0	12,364	15.03	—	$0
Nov 1994	0	13,527	15.90	—	$0
Oct 1994	0	16,458	15.58	—	$0
Sep 1994	0	16,996	15.29	—	$0
Aug 1994	0	17,029	16.13	—	$0
Jul 1994	0	16,707	17.56	—	$0
Jun 1994	0	16,729	17.09	—	$0
May 1994	0	17,247	15.88	—	$0
Apr 1994	0	16,146	14.14	—	$0
Mar 1994	0	16,757	12.46	—	$0
Feb 1994	0	16,913	12.50	—	$0
Jan 1994	0	16,413	12.66	—	$0
Dec 1993	0	16,951	12.33	—	$0
Nov 1993	0	15,952	14.49	—	$0
Oct 1993	0	16,394	15.85	—	$0
Sep 1993	0	16,201	15.03	—	$0
Aug 1993	0	16,815	15.66	—	$0
Jul 1993	0	16,988	15.46	—	$0
Jun 1993	0	16,447	16.79	—	$0
May 1993	0	18,288	17.68	—	$0
Apr 1993	0	17,917	18.05	—	$0
Mar 1993	0	16,109	18.14	—	$0
Feb 1993	0	16,202	17.90	—	$0
Jan 1993	0	18,359	16.93	—	$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.

Nov 2007 — as filed, then multipliedworked

Condensate             8 bbl  × $ 91.67 =       $733
Gas                    0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                     $733

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. 03/G/8286 is the state's own key, not one this site invented.