SOUTHLAND PAPER

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 109203District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$2.7 M
Jan 1993 – Jan 2020
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
325
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
CondensateDisposition15,648 bbl$769,621
GasProduction536,330 Mcf$1,929,120
Total$2,698,741

135,263 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 32.0669, -94.3632. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06691, -94.36320 · 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
9,575 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 9,575 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-3653156529,575 ftFeb 2020Yes

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 (325)

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

325 months

Jan 2020017057.252.09$356
Dec 2019027459.012.30$631
Nov 2019022155.302.75$608
Oct 2019025053.472.42$605
Sep 2019027955.052.66$741
Aug 2019028753.112.30$661
Jul 2019029256.272.46$718
Jun 2019029552.782.49$735
May 2019227658.482.74$873
Apr 2019324062.632.75$848
Mar 2019443856.803.06$1,568
Feb 2019348250.852.79$1,498
Jan 2019440746.033.23$1,498
Dec 2018430546.594.19$1,463
Nov 2018348952.934.24$2,231
Oct 2018353461.443.40$1,999
Sep 2018350959.543.11$1,761
Aug 2018370559.403.07$2,340
Jul 2018458865.142.93$1,985
Jun 2018118460.183.08$626
May 2018224165.382.90$830
Apr 2018448163.842.90$1,651
Mar 2018564361.222.79$2,098
Feb 2018479761.782.77$2,452
Jan 201851,19062.874.01$5,085
Dec 2017476857.272.92$2,473
Nov 2017471155.423.12$2,439
Oct 201741,00149.292.98$3,184
Sep 2017481747.523.09$2,712
Aug 2017487545.373.00$2,810
Jul 20171084943.873.09$3,060
Jun 2017763742.493.09$2,264
May 2017764845.373.26$2,432
Apr 2017763847.933.21$2,385
Mar 2017748546.772.98$1,774
Feb 2017758950.452.95$2,092
Jan 2017871449.413.42$2,836
Dec 2016865948.763.72$2,843
Nov 2016768442.492.64$2,106
Oct 2016670146.193.09$2,443
Sep 2016454341.553.10$1,850
Aug 2016558541.442.92$1,918
Jul 2016460441.622.92$1,933
Jun 2016567245.352.69$2,032
May 2016677942.521.99$1,806
Apr 20161494036.561.99$2,383
Mar 20161495833.011.79$2,181
Feb 20161491226.472.06$2,253
Jan 20161495927.352.36$2,650
Dec 20151496732.362.00$2,388
Nov 20151497838.792.17$2,663
Oct 2015131,07743.552.43$3,180
Sep 2015131,05642.992.76$3,472
Aug 2015141,17040.162.87$3,923
Jul 2015151,08948.152.95$3,929
Jun 2015151,07856.152.88$3,950
May 2015161,17955.212.96$4,368
Apr 2015191,24049.822.71$4,303
Mar 2015191,29442.892.93$4,612
Feb 2015151,27244.662.98$4,456
Jan 2015651,57443.433.10$7,703
Dec 2014621,64854.693.59$9,309
Nov 2014511,62170.464.25$10,486
Oct 2014541,72978.303.90$10,973
Sep 2014481,56886.164.05$10,479
Aug 2014461,57389.394.04$10,459
Jul 2014521,54096.564.18$11,458
Jun 2014541,39998.164.74$11,928
May 2014631,42494.734.73$12,699
Apr 2014211,34695.944.81$8,488
Mar 2014201,42095.895.06$9,098
Feb 2014191,29297.406.19$9,851
Jan 2014201,34290.404.86$8,331
Dec 2013191,35991.824.35$7,662
Nov 2013201,44788.853.74$7,186
Oct 2013221,73097.423.78$8,682
Sep 2013201,629104.113.72$8,138
Aug 2013201,613104.253.52$7,767
Jul 2013211,168102.523.72$6,495
Jun 2013201,53194.403.93$7,910
May 2013171,39794.834.15$7,408
Apr 2013211,23793.964.28$7,271
Mar 2013441,09493.623.91$8,400
Feb 2013371,02991.233.42$6,895
Jan 20131230291.603.42$2,132
Dec 20122361586.773.42$4,099
Nov 20122978086.953.62$5,349
Oct 20122568489.383.40$4,560
Sep 2012211,04094.672.92$5,023
Aug 2012271,40692.662.91$6,591
Jul 2012321,71785.133.02$7,911
Jun 2012301,46479.822.52$6,082
May 2012271,32691.612.49$5,773
Apr 2012321,301101.652.00$5,851
Mar 2012331,164105.052.22$6,053
Feb 2012371,296101.102.57$7,072
Jan 2012391,38998.092.73$7,623
Dec 2011351,30296.873.24$7,609
Nov 2011331,31395.723.31$7,506
Oct 2011311,42084.983.65$7,815
Sep 2011261,40583.623.99$7,774
Aug 2011281,56083.404.15$8,808
Jul 2011301,57594.144.52$9,939
Jun 2011321,55592.904.64$10,188
May 2011361,60498.134.40$10,598
Apr 201100105.964.33$0
Mar 2011611,53096.364.06$12,086
Feb 2011621,47485.644.18$11,471
Jan 2011381,11386.504.59$8,394
Dec 2010451,15885.734.35$8,893
Nov 2010421,41880.843.80$8,777
Oct 2010421,57378.103.51$8,800
Sep 2010421,61072.633.98$9,457
Aug 2010401,69273.684.42$10,425
Jul 2010411,66472.554.74$10,856
Jun 2010471,79270.364.91$12,106
May 2010621,97571.124.24$12,774
Apr 2010651,96081.694.12$13,390
Mar 2010602,08278.394.39$13,841
Feb 2010591,92473.585.44$14,812
Jan 2010562,05174.365.96$16,397
Dec 2009612,07971.445.48$15,759
Nov 2009512,05874.593.75$11,525
Oct 2009512,12372.544.11$12,426
Sep 2009422,27865.543.06$9,734
Aug 2009352,43767.423.22$10,203
Jul 2009362,44261.133.46$10,661
Jun 2009382,42766.163.90$11,967
May 2009402,59354.743.93$12,369
Apr 20091142,41546.773.59$13,996
Mar 20091932,68742.144.06$19,040
Feb 20096781032.814.63$5,951
Jan 20091632,38535.865.37$18,655
Dec 20081612,36537.105.98$20,109
Nov 20081522,27955.496.86$24,069
Oct 20081442,42275.246.92$27,600
Sep 20081041,861101.767.88$25,242
Aug 20081162,237114.228.48$32,226
Jul 20081282,463131.0811.39$44,830
Jun 20081312,434131.3313.03$48,926
May 20081492,693123.1711.57$49,522
Apr 20081522,433110.3110.45$42,204
Mar 20081221,808101.909.66$29,904
Feb 20081081,40092.538.77$22,272
Jan 20081031,42790.388.21$21,019
Dec 20071061,50088.337.30$20,316
Nov 2007791,37091.677.29$17,232
Oct 20071211,28482.856.92$18,913
Sep 20072851,98275.846.24$33,990
Aug 20072832,06569.066.39$32,735
Jul 20072712,15270.906.39$32,961
Jun 20072532,05362.007.55$31,183
May 20072501,99358.747.85$30,323
Apr 20071791,99459.617.81$26,234
Mar 20072961,92556.927.30$30,905
Feb 20072341,58055.108.22$25,875
Jan 20072781,63450.306.73$24,975
Dec 20062711,92656.656.92$28,677
Nov 20062301,84654.207.62$26,528
Oct 20061881,71354.906.01$20,623
Sep 2006721,28660.085.04$10,804
Aug 200671,39468.717.34$10,713
Jul 200661,33169.376.34$8,858
Jun 200661,34866.286.38$9,003
May 200671,42766.016.42$9,631
Apr 2006142,32564.397.36$18,015
Mar 200662,62056.707.08$18,897
Feb 200662,48257.597.75$19,584
Jan 200642,22560.598.93$20,119
Dec 200532,02154.9413.42$27,277
Nov 200521,99654.6910.59$21,244
Oct 200522,35858.3413.80$32,647
Sep 200521,78561.4512.08$21,684
Aug 200522,13761.519.80$21,059
Jul 200521,92955.697.84$15,242
Jun 200582,06752.337.38$15,675
May 2005362,63445.226.65$19,147
Apr 2005252,26949.207.36$17,931
Mar 2005231,79450.377.15$13,994
Feb 2005251,92045.226.31$13,249
Jan 2005292,34843.166.32$16,096
Dec 2004321,76839.866.75$13,211
Nov 2004922,45645.286.33$19,713
Oct 2004782,44849.706.52$19,826
Sep 2004792,14643.245.28$14,755
Aug 200401,98342.375.55$11,007
Jul 200402,05338.286.08$12,491
Jun 2004054336.106.43$3,493
May 200401,59337.486.49$10,346
Apr 200404,01134.475.86$23,498
Mar 200405,40234.365.53$29,874
Feb 2004016432.455.51$904
Jan 200401,61432.036.30$10,168
Dec 200301,68030.266.30$10,587
Nov 200305628.804.60$257
Oct 2003056828.174.76$2,703
Sep 2003064026.314.75$3,040
Aug 2003072529.765.13$3,719
Jul 200301,12129.415.17$5,797
Jun 2003074328.565.98$4,445
May 200301,34426.595.97$8,027
Apr 200301,49626.675.41$8,089
Mar 20034072231.146.10$5,647
Feb 20034577033.487.93$7,610
Jan 2003871,40330.315.58$10,469
Dec 20021651,78326.914.85$13,094
Nov 20021331,61824.664.14$9,973
Oct 20021541,46126.464.23$10,254
Sep 2002851,44827.443.64$7,596
Aug 2002711,46125.963.16$6,466
Jul 2002281,41124.583.06$5,008
Jun 200271,13123.733.34$3,942
May 2002361,36124.663.58$5,766
Apr 2002361,18723.653.51$5,021
Mar 2002281,75722.003.10$6,067
Feb 2002241,97418.222.38$5,127
Jan 2002322,15617.172.38$5,671
Dec 2001331,81816.932.36$4,857
Nov 20013652918.072.41$1,923
Oct 2001411,96419.782.53$5,778
Sep 2001531,73224.262.25$5,185
Aug 2001511,77024.873.05$6,672
Jul 2001551,79723.933.20$7,061
Jun 2001441,86524.563.82$8,213
May 2001331,88925.524.31$8,979
Apr 2001311,59124.685.34$9,254
Mar 2001391,34124.545.38$8,167
Feb 2001511,71227.755.77$11,288
Jan 2001421,97127.478.40$17,708
Dec 2000191,96326.889.12$18,418
Nov 2000182,04932.215.66$12,173
Oct 2000201,19831.235.15$6,789
Sep 2000121,27531.875.19$6,995
Aug 2000441,37429.644.54$7,543
Jul 2000441,58528.534.09$7,738
Jun 2000431,30929.304.40$7,016
May 2000391,26527.263.68$5,718
Apr 2000321,12924.513.12$4,302
Mar 2000341,14528.422.86$4,241
Feb 2000611,79227.622.73$6,571
Jan 2000661,75125.272.48$6,011
Dec 1999681,88424.282.42$6,217
Nov 1999631,89923.192.43$6,083
Oct 1999692,48120.982.80$8,404
Sep 1999672,49621.752.62$7,994
Aug 1999582,31719.262.88$7,780
Jul 1999592,34617.892.37$6,621
Jun 1999702,36415.942.36$6,700
May 1999692,78015.792.32$7,542
Apr 1999802,90315.102.21$7,618
Mar 19991184,16212.471.84$9,123
Feb 1999672,0109.981.82$4,322
Jan 19992679110.381.90$1,773
Dec 1998329619.201.77$1,999
Nov 19982080210.892.19$1,971
Oct 19982183312.421.97$1,901
Sep 19982399012.592.08$2,351
Aug 19982595911.301.91$2,112
Jul 1998281,16211.742.24$2,928
Jun 1998511,76511.242.24$4,522
May 19982896012.622.21$2,471
Apr 19982378213.042.51$2,259
Mar 1998331,03112.802.31$2,803
Feb 1998481,41113.952.30$3,914
Jan 1998401,32114.702.15$3,434
Dec 1997252,92016.322.41$7,448
Nov 1997141,18418.193.09$3,911
Oct 1997111,13119.253.15$3,774
Sep 1997559617.742.95$1,850
Aug 1997683617.862.55$2,243
Jul 199791,13117.582.25$2,700
Jun 1997291,07117.242.26$2,917
May 1997291,46118.972.31$3,923
Apr 1997391,52217.882.08$3,867
Mar 1997552,29918.951.94$5,500
Feb 1997612,07320.492.21$5,823
Jan 1997331,50423.483.54$6,099
Dec 1996572,95023.32$1,329
Nov 1996592,70421.97$1,296
Oct 1996392,53323.31$909
Sep 1996422,96022.22$933
Aug 1996822,96120.26$1,661
Jul 1996603,23819.55$1,173
Jun 1996311,98518.73$581
May 1996351,44819.43$680
Apr 19961052,41521.51$2,259
Mar 1996482,67219.38$930
Feb 1996632,16616.98$1,070
Jan 1996591,96617.07$1,007
Dec 1995752,90917.19$1,289
Nov 1995952,84116.00$1,520
Oct 1995512,06715.43$787
Sep 1995281,52016.18$453
Aug 1995951,89415.92$1,512
Jul 1995302,59215.24$457
Jun 1995873,19616.41$1,428
May 1995563,06917.56$983
Apr 1995592,65917.73$1,046
Mar 1995813,56616.44$1,332
Feb 19951003,87816.58$1,658
Jan 19951574,34715.92$2,499
Dec 1994402,85315.03$601
Nov 1994682,95515.90$1,081
Oct 1994743,55615.58$1,153
Sep 1994281,83715.29$428
Aug 199414716.13$16
Jul 1994231,85817.56$404
Jun 1994783,23017.09$1,333
May 1994953,28815.88$1,509
Apr 1994563,10614.14$792
Mar 1994371,43712.46$461
Feb 1994552,86112.50$688
Jan 19941364,64012.66$1,722
Dec 1993913,82212.33$1,122
Nov 1993653,36714.49$942
Oct 1993532,63215.85$840
Sep 1993463,26415.03$691
Aug 1993462,58815.66$720
Jul 1993644,01715.46$989
Jun 1993894,23516.79$1,494
May 1993822,92717.68$1,450
Apr 19931012,92218.05$1,823
Mar 19931381,89518.14$2,503
Feb 19931043,21717.90$1,862
Jan 19931034,17316.93$1,744

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.

Jan 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.25 =         $0
Gas                  170 Mcf  × $  2.09 =       $356

────────────────────────────────────────────────────
Month total                                     $356

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/109203 is the state's own key, not one this site invented.