LILLY UNIT

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) 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 102638District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$4.4 M
Jan 1993 – Jun 2022
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
354
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
NGPA1none

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
CondensateDisposition25,805 bbl$874,663
GasProduction1,372,965 Mcf$3,566,137
Total$4,440,799

545,551 Mcf of this lease's gas, across 48 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 32.2029, -94.2791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20291, -94.27909 · 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
9,649 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 9,649 ft.

Completions filed
May 2025
1 of 1 wells

1 well

42-3653148039,649 ftMay 2025Yes

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 (354)

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

354 months

Jun 202200115.097.98$0
May 2022130109.378.43$362
Apr 2022071104.226.84$485
Mar 2022081108.885.08$411
Feb 202214691.054.86$315
Jan 202208381.844.54$377
Dec 202105771.323.90$222
Nov 202109777.435.24$508
Oct 202108079.795.71$457
Sep 202106869.865.35$364
Aug 202129966.024.22$550
Jul 20213070.783.98$212
Jun 2021512369.493.38$763
May 202158863.483.02$583
Apr 202152460.362.76$368
Mar 202132561.302.72$252
Feb 202107657.805.55$422
Jan 2021012250.412.81$343
Dec 2020310044.642.68$401
Nov 2020113838.772.71$412
Oct 2020510336.972.48$440
Sep 202019637.091.99$228
Aug 20201810839.982.39$977
Jul 20201531638.371.83$1,152
Jun 20205034.901.69$175
May 2020727016.921.81$608
Apr 2020189814.751.80$442
Mar 20205030430.341.86$2,081
Feb 20203620349.881.98$2,198
Jan 202011959357.252.09$8,055
Dec 2019482,42359.012.30$8,416
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019129953.112.30$742
Jul 2019226156.272.46$755
Jun 20194152.782.49$214
May 2019450958.482.74$1,629
Apr 2019259062.632.75$1,748
Mar 2019444356.803.06$1,584
Feb 201957750.852.79$469
Jan 20191151546.033.23$2,169
Dec 201811,66246.594.19$7,003
Nov 2018116652.934.24$756
Oct 201819161.443.40$371
Sep 2018119059.543.11$650
Aug 2018024959.403.07$764
Jul 2018051565.142.93$1,510
Jun 2018056360.183.08$1,732
May 2018030465.382.90$882
Apr 2018034163.842.90$989
Mar 2018086761.222.79$2,416
Feb 2018055361.782.77$1,530
Jan 2018057562.874.01$2,305
Dec 2017018657.272.92$543
Nov 2017071655.423.12$2,233
Oct 201701,38249.292.98$4,123
Sep 2017020347.523.09$627
Aug 2017014545.373.00$436
Jul 2017229943.873.09$1,011
Jun 2017517942.493.09$765
May 2017920045.373.26$1,061
Apr 20171343047.933.21$2,004
Mar 20171034646.772.98$1,500
Feb 20171999550.452.95$3,896
Jan 2017645549.413.42$1,852
Dec 2016637448.763.72$1,685
Nov 201613742.492.64$571
Oct 20161032446.193.09$1,463
Sep 2016019041.553.10$589
Aug 20162236141.442.92$1,967
Jul 2016972941.622.92$2,506
Jun 20162633345.352.69$2,073
May 20167551442.521.99$4,212
Apr 20165852736.561.99$3,170
Mar 201612395533.011.79$5,774
Feb 201610889826.472.06$4,712
Jan 20161001,01227.352.36$5,128
Dec 201512274232.362.00$5,433
Nov 201520593438.792.17$9,976
Oct 20151011,32943.552.43$7,623
Sep 20157197642.992.76$5,745
Aug 20151571,17740.162.87$9,686
Jul 201501,60348.152.95$4,721
Jun 20158765256.152.88$6,765
May 2015315155.212.96$1,862
Apr 20157826549.822.71$4,603
Mar 20155186042.892.93$4,711
Feb 20157640044.662.98$4,585
Jan 20156354443.433.10$4,423
Dec 20143554454.693.59$3,868
Nov 20147365770.464.25$7,937
Oct 20145382178.303.90$7,353
Sep 20142658286.164.05$4,595
Aug 20145249189.394.04$6,630
Jul 20144156596.564.18$6,320
Jun 20141531,25898.164.74$20,977
May 201410784194.734.73$14,111
Apr 201411672695.944.81$14,620
Mar 20149975895.895.06$13,326
Feb 20148853697.406.19$11,890
Jan 20147283990.404.86$10,587
Dec 201312169991.824.35$14,154
Nov 20134093288.853.74$7,038
Oct 20134679897.423.78$7,497
Sep 201391937104.113.72$12,958
Aug 201380884104.253.52$11,454
Jul 201357791102.523.72$8,784
Jun 201313479694.403.93$15,781
May 20135691194.834.15$9,090
Apr 201314656993.964.28$16,155
Mar 201315994593.623.91$18,583
Feb 201312769691.233.42$13,966
Jan 2013571,11691.603.42$9,038
Dec 2012341,02786.773.42$6,463
Nov 2012691,17086.953.62$10,241
Oct 20123418189.383.40$3,654
Sep 20123672394.672.92$5,518
Aug 20127887792.662.91$9,778
Jul 201214894885.133.02$15,463
Jun 201215499079.822.52$14,786
May 20121461,14791.612.49$16,229
Apr 2012711,254101.652.00$9,721
Mar 2012381,171105.052.22$6,594
Feb 201201,131101.102.57$2,907
Jan 201201,29698.092.73$3,543
Dec 201101,38096.873.24$4,471
Nov 201101,36595.723.31$4,520
Oct 201101,51684.983.65$5,531
Sep 201101,62583.623.99$6,477
Aug 201101,93583.404.15$8,029
Jul 201101,87494.144.52$8,465
Jun 201102,24392.904.64$10,407
May 201102,28698.134.40$10,069
Apr 201101,996105.964.33$8,649
Mar 201102,17496.364.06$8,821
Feb 201102,03985.644.18$8,523
Jan 201102,31586.504.59$10,623
Dec 201001,99085.734.35$8,652
Nov 201002,39780.843.80$9,097
Oct 201002,57978.103.51$9,049
Sep 201002,47072.633.98$9,829
Aug 201002,48173.684.42$10,964
Jul 201002,56372.554.74$12,140
Jun 201002,72070.364.91$13,356
May 201003,01271.124.24$12,756
Apr 201022,67981.694.12$11,208
Mar 2010262,72578.394.39$13,997
Feb 2010592,50773.585.44$17,985
Jan 2010592,97974.365.96$22,154
Dec 2009783,03871.445.48$22,232
Nov 2009573,00574.593.75$15,525
Oct 2009463,33872.544.11$17,057
Sep 2009284,03865.543.06$14,211
Aug 2009134,10667.423.22$14,092
Jul 2009172,88761.133.46$11,041
Jun 2009173,64366.163.90$15,314
May 2009133,48954.743.93$14,409
Apr 2009173,60746.773.59$13,735
Mar 2009213,49742.144.06$15,079
Feb 2009182,97832.814.63$14,388
Jan 2009213,54735.865.37$19,804
Dec 2008163,45537.105.98$21,245
Nov 2008163,19555.496.86$22,807
Oct 2008153,38175.246.92$24,532
Sep 2008182,912101.767.88$24,770
Aug 2008152,947114.228.48$26,713
Jul 2008192,808131.0811.39$34,472
Jun 2008282,812131.3313.03$40,325
May 2008303,105123.1711.57$39,633
Apr 2008243,215110.3110.45$36,260
Mar 2008224,233101.909.66$43,150
Feb 200804,98192.538.77$43,686
Jan 200825,22390.388.21$43,039
Dec 2007454,81988.337.30$39,163
Nov 20071383,55791.677.29$38,587
Oct 2007772,55582.856.92$24,065
Sep 2007111,16875.846.24$8,127
Aug 200781,78769.066.39$11,968
Jul 2007102,08370.906.39$14,015
Jun 200793,17862.007.55$24,547
May 200782,92258.747.85$23,397
Apr 2007201,36659.617.81$11,854
Mar 2007382,90356.927.30$23,361
Feb 2007633,08555.108.22$28,818
Jan 20071684,76950.306.73$40,531
Dec 2006823,62056.656.92$29,690
Nov 2006472,73954.207.62$23,412
Oct 2006492,73754.906.01$19,150
Sep 2006412,78660.085.04$16,497
Aug 2006382,69368.717.34$22,377
Jul 2006472,71369.376.34$20,468
Jun 2006451,76366.286.38$14,237
May 2006371,81966.016.42$14,129
Apr 2006451,94864.397.36$17,236
Mar 2006372,07656.707.08$16,802
Feb 2006382,21757.597.75$19,373
Jan 2006373,03260.598.93$29,328
Dec 2005432,54654.9413.42$36,518
Nov 2005443,21354.6910.59$36,427
Oct 2005323,41158.3413.80$48,924
Sep 2005631,58461.4512.08$23,004
Aug 2005502,71461.519.80$29,664
Jul 2005653,07955.697.84$27,770
Jun 2005633,42052.337.38$28,540
May 2005575,45245.226.65$38,840
Apr 2005532,82449.207.36$23,394
Mar 2005682,91350.377.15$24,267
Feb 2005593,33145.226.31$23,693
Jan 2005923,28943.166.32$24,764
Dec 2004823,91939.866.75$29,726
Nov 2004422,85745.286.33$19,988
Oct 2004402,86149.706.52$20,628
Sep 2004443,33843.245.28$19,540
Aug 2004323,79442.375.55$22,415
Jul 2004453,59238.286.08$23,577
Jun 2004463,54536.106.43$24,466
May 2004613,57437.486.49$25,498
Apr 2004403,57734.475.86$22,335
Mar 2004773,55734.365.53$22,316
Feb 20041063,69832.455.51$23,814
Jan 20041603,93932.036.30$29,939
Dec 20031164,37230.266.30$31,061
Nov 2003964,09528.804.60$21,582
Oct 20031114,87728.174.76$26,340
Sep 2003524,68126.314.75$23,600
Aug 2003264,75529.765.13$25,166
Jul 2003304,42829.415.17$23,779
Jun 2003354,45228.565.98$27,636
May 2003984,78026.595.97$31,155
Apr 2003963,39426.675.41$20,913
Mar 2003822,35131.146.10$16,885
Feb 2003892,32833.487.93$21,431
Jan 2003552,34430.315.58$14,751
Dec 2002742,82526.914.85$15,703
Nov 2002453,14024.664.14$14,100
Oct 2002603,29126.464.23$15,506
Sep 2002673,96227.443.64$16,241
Aug 2002834,32525.963.16$15,840
Jul 2002963,91324.583.06$14,340
Jun 2002863,62323.733.34$14,135
May 20021124,08124.663.58$17,388
Apr 20021073,79523.653.51$15,860
Mar 20021303,98222.003.10$15,215
Feb 2002554,27918.222.38$11,168
Jan 2002854,88117.172.38$13,055
Dec 20011034,70516.932.36$12,868
Nov 2001724,22918.072.41$11,474
Oct 2001564,34119.782.53$12,086
Sep 2001964,76524.262.25$13,057
Aug 2001934,05924.873.05$14,706
Jul 2001965,06323.933.20$18,484
Jun 2001843,96324.563.82$17,218
May 20011305,06025.524.31$25,113
Apr 20011313,37424.685.34$21,234
Mar 20011424,51724.545.38$27,770
Feb 20011444,55427.755.77$30,259
Jan 20011554,14327.478.40$39,054
Dec 20001154,27926.889.12$42,126
Nov 2000964,20232.215.66$26,867
Oct 20001025,24431.235.15$30,168
Sep 2000515,07131.875.19$27,926
Aug 2000755,44729.644.54$26,956
Jul 20001015,72928.534.09$26,312
Jun 20001025,39329.304.40$26,703
May 20001005,83327.263.68$24,190
Apr 20001455,31324.513.12$20,109
Mar 20001135,04128.422.86$17,627
Feb 20001135,27127.622.73$17,492
Jan 20001965,95525.272.48$19,724
Dec 19991525,84724.282.42$17,862
Nov 19991285,70023.192.43$16,842
Oct 19991986,40420.982.80$22,109
Sep 1999996,29121.752.62$18,628
Aug 19991026,83319.262.88$21,613
Jul 1999876,70717.892.37$17,468
Jun 1999366,88615.942.36$16,839
May 1999967,40515.792.32$18,703
Apr 1999727,09315.102.21$16,749
Mar 19991726,83712.471.84$14,714
Feb 19992286,0199.981.82$13,217
Jan 19991907,06610.381.90$15,397
Dec 199807,5229.201.77$13,339
Nov 19981876,85310.892.19$17,015
Oct 199807,85212.421.97$15,462
Sep 199807,69112.592.08$16,017
Aug 19981847,59411.301.91$16,564
Jul 199807,48411.742.24$16,744
Jun 19981857,38511.242.24$18,602
May 199807,83512.622.21$17,287
Apr 19981827,69213.042.51$21,644
Mar 19981888,06612.802.31$21,034
Feb 199807,06213.952.30$16,236
Jan 19981888,21514.702.15$20,465
Dec 19971938,32316.322.41$23,217
Nov 19971778,16018.193.09$28,420
Oct 19971468,64919.253.15$30,053
Sep 199708,37917.742.95$24,759
Aug 19971928,48517.862.55$25,106
Jul 19971888,33017.582.25$22,022
Jun 199708,14417.242.26$18,383
May 19971928,64918.972.31$23,608
Apr 19971998,50117.882.08$21,264
Mar 19972008,74718.951.94$20,752
Feb 199707,89220.492.21$17,409
Jan 19973858,06623.483.54$37,591
Dec 199608,88223.32$0
Nov 19963788,96921.97$8,305
Oct 199609,47923.31$0
Sep 19961796,00622.22$3,977
Aug 199609,36220.26$0
Jul 19961938,16219.55$3,773
Jun 19961909,21318.73$3,559
May 19961989,55219.43$3,847
Apr 19961877,03221.51$4,022
Mar 199607,84819.38$0
Feb 19961909,11816.98$3,226
Jan 19961919,74517.07$3,260
Dec 1995011,17817.19$0
Nov 19951798,38416.00$2,864
Oct 1995011,27215.43$0
Sep 199519011,11416.18$3,074
Aug 199517511,95715.92$2,786
Jul 199518110,59915.24$2,758
Jun 199518411,50516.41$3,019
May 1995012,08317.56$0
Apr 199519411,87717.73$3,440
Mar 199519212,49416.44$3,156
Feb 199519911,04416.58$3,299
Jan 199519612,44415.92$3,120
Dec 199418112,70915.03$2,720
Nov 1994014,13615.90$0
Oct 199419815,20215.58$3,085
Sep 199419613,04115.29$2,997
Aug 199438713,88816.13$6,242
Jul 199418014,18417.56$3,161
Jun 199419712,90617.09$3,367
May 1994014,39215.88$0
Apr 199418814,85114.14$2,658
Mar 199438212,11312.46$4,760
Feb 199419510,39912.50$2,438
Jan 199419513,24212.66$2,469
Dec 199319412,96812.33$2,392
Nov 199338213,09914.49$5,535
Oct 199320013,54815.85$3,170
Sep 199319911,94215.03$2,991
Aug 199320013,47715.66$3,132
Jul 199319212,25515.46$2,968
Jun 199319012,22616.79$3,190
May 19933819,86317.68$6,736
Apr 199318710,52218.05$3,375
Mar 19931939,61718.14$3,501
Feb 199337811,58417.90$6,766
Jan 199319114,06816.93$3,234

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 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $109.37 =       $109
Gas                   30 Mcf  × $  8.43 =       $253

────────────────────────────────────────────────────
Month total                                     $362

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/102638 is the state's own key, not one this site invented.