ADAMS G.U. 1

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) 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 130860District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$667 k
Jan 1993 – Aug 2004
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
140
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
High Cost Gas111991-03-12123285
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
CondensateDisposition917 bbl$16,946
GasProduction284,678 Mcf$650,014
Total$666,960

118,388 Mcf of this lease's gas, across 40 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 32.1964, -94.5026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19641, -94.50263 · 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
10,096 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 10,096 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-36532020210,096 ftAug 2004Yes

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 (140)

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

140 months

Aug 20040042.375.55$0
Jul 20041747938.286.08$3,565
Jun 2004282,03036.106.43$14,070
May 200492,12537.486.49$14,138
Apr 2004252,40634.475.86$14,957
Mar 200472,31534.365.53$13,043
Feb 200472,68332.455.51$15,009
Jan 200421,88032.036.30$11,907
Dec 200331,42630.266.30$9,077
Nov 200301,95328.804.60$8,974
Oct 200302,19328.174.76$10,438
Sep 200301,50726.314.75$7,157
Aug 200301,85729.765.13$9,526
Jul 200301,81529.415.17$9,385
Jun 200302,08128.565.98$12,451
May 200301,82926.595.97$10,924
Apr 200301,87626.675.41$10,144
Mar 200301,76331.146.10$10,747
Feb 200301,71533.487.93$13,593
Jan 200301,56730.315.58$8,747
Dec 200201,45326.914.85$7,053
Nov 200201,12624.664.14$4,658
Oct 200201,36226.464.23$5,760
Sep 200201,31927.443.64$4,795
Aug 200201,44725.963.16$4,579
Jul 200201,70524.583.06$5,220
Jun 200201,73823.733.34$5,802
May 200202,37024.663.58$8,494
Apr 200202,05523.653.51$7,218
Mar 200202,69622.003.10$8,365
Feb 200202,20918.222.38$5,248
Jan 200202,25817.172.38$5,364
Dec 200102,25416.932.36$5,329
Nov 200102,21918.072.41$5,338
Oct 200102,73019.782.53$6,904
Sep 200102,54724.262.25$5,734
Aug 200102,72824.873.05$8,329
Jul 200102,74023.933.20$8,760
Jun 200102,70024.563.82$10,325
May 200103,45225.524.31$14,869
Apr 200102,93624.685.34$15,665
Mar 200101,76924.545.38$9,511
Feb 200102,32927.755.77$13,432
Jan 200102,71827.478.40$22,828
Dec 200001,36726.889.12$12,470
Nov 200002,33932.215.66$13,234
Oct 200002,72631.235.15$14,027
Sep 200003,06631.875.19$15,902
Aug 200003,33329.644.54$15,134
Jul 200002,66928.534.09$10,916
Jun 200003,01729.304.40$13,267
May 200002,96727.263.68$10,918
Apr 200003,51624.513.12$10,956
Mar 200002,68928.422.86$7,690
Feb 200003,05227.622.73$8,321
Jan 200002,40225.272.48$5,958
Dec 199902,97624.282.42$7,213
Nov 199903,71423.192.43$9,040
Oct 199904,70420.982.80$13,189
Sep 199903,83921.752.62$10,054
Aug 199905,58019.262.88$16,046
Jul 199906,99817.892.37$16,602
Jun 199903,76015.942.36$8,882
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199801,03110.892.19$2,253
Oct 1998012,18512.421.97$23,995
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 1996088921.51$0
Mar 199621198619.38$4,089
Feb 199601,22016.98$0
Jan 199607817.07$0
Dec 1995035917.19$0
Nov 199502,04116.00$0
Oct 199504,87215.43$0
Sep 199505,25416.18$0
Aug 199501,82315.92$0
Jul 1995074415.24$0
Jun 1995671,42316.41$1,099
May 199507,09317.56$0
Apr 199506,55717.73$0
Mar 199501,65716.44$0
Feb 19952152,64716.58$3,565
Jan 199503,71515.92$0
Dec 1994017715.03$0
Nov 199402,07215.90$0
Oct 199403,40415.58$0
Sep 199403,00215.29$0
Aug 199403,78216.13$0
Jul 199402,38317.56$0
Jun 199403,17417.09$0
May 199403,57215.88$0
Apr 199402,54614.14$0
Mar 199423,60612.46$25
Feb 199441,37112.50$50
Jan 1994462,63312.66$582
Dec 1993741,95312.33$912
Nov 199306,04114.49$0
Oct 199315,72015.85$16
Sep 1993039115.03$0
Aug 199319494815.66$3,038
Jul 199314,68915.46$15
Jun 199301,30316.79$0
May 199317,89317.68$18
Apr 199305,63018.05$0
Mar 199312,73018.14$18
Feb 199312,86717.90$18
Jan 199315,14316.93$17

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.

Jul 2004 — as filed, then multipliedworked
Condensate            17 bbl  × $ 38.28 =       $651
Gas                  479 Mcf  × $  6.08 =     $2,914

────────────────────────────────────────────────────
Month total                                   $3,565

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/130860 is the state's own key, not one this site invented.