MASON

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 132397District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jan 1993 – Jan 2020
Value, last 12 filed months
$17 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
High Cost Gas221990-09-08 – 2005-10-262 dockets
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
CondensateDisposition8,999 bbl$415,610
GasProduction839,383 Mcf$3,129,298
Total$3,544,909

200,790 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 32.0907, -94.3817. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09073, -94.38168 · 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
9,550 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 9,550 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-3653201049,550 ftJan 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 20200057.252.09$0
Dec 2019063259.012.30$1,456
Nov 2019060055.302.75$1,650
Oct 2019063653.472.42$1,538
Sep 2019061055.052.66$1,621
Aug 2019063053.112.30$1,452
Jul 2019061856.272.46$1,520
Jun 2019058052.782.49$1,445
May 2019059758.482.74$1,636
Apr 2019058062.632.75$1,595
Mar 2019059856.803.06$1,831
Feb 2019051850.852.79$1,446
Jan 2019047446.033.23$1,530
Dec 2018042646.594.19$1,783
Nov 2018041752.934.24$1,767
Oct 2018040961.443.40$1,390
Sep 2018020559.543.11$637
Aug 2018056359.403.07$1,726
Jul 2018067365.142.93$1,973
Jun 2018064560.183.08$1,985
May 2018167465.382.90$2,021
Apr 20181663463.842.90$2,861
Mar 20184163561.222.79$4,280
Feb 201866261.782.77$542
Jan 20181714862.874.01$1,662
Dec 20174174657.272.92$4,528
Nov 20174279255.423.12$4,797
Oct 20173984349.292.98$4,438
Sep 20173679747.523.09$4,171
Aug 20174083045.373.00$4,308
Jul 20172083043.873.09$3,440
Jun 20174779942.493.09$4,464
May 20174583245.373.26$4,757
Apr 20174580047.933.21$4,726
Mar 2017087246.772.98$2,602
Feb 2017079350.452.95$2,341
Jan 2017086949.413.42$2,971
Dec 2016087748.763.72$3,265
Nov 2016082842.492.64$2,190
Oct 2016086546.193.09$2,673
Sep 2016080941.553.10$2,508
Aug 2016087441.442.92$2,556
Jul 2016086141.622.92$2,518
Jun 2016083445.352.69$2,240
May 2016385742.521.99$1,834
Apr 2016974936.561.99$1,820
Mar 20161089333.011.79$1,932
Feb 20161087726.472.06$2,075
Jan 20161193727.352.36$2,516
Dec 20151094232.362.00$2,209
Nov 20151093238.792.17$2,408
Oct 2015994443.552.43$2,683
Sep 2015889142.992.76$2,802
Aug 2015891040.162.87$2,935
Jul 2015991348.152.95$3,122
Jun 2015986956.152.88$3,011
May 20151190255.212.96$3,273
Apr 20151270449.822.71$2,503
Mar 20151381142.892.93$2,938
Feb 2015876944.662.98$2,646
Jan 2015121,11243.433.10$3,969
Dec 2014111,14254.693.59$4,703
Nov 2014141,36870.464.25$6,803
Oct 2014151,73378.303.90$7,935
Sep 2014283,54886.164.05$16,766
Aug 2014283,83489.394.04$17,974
Jul 2014242,62796.564.18$13,297
Jun 2014151,56098.164.74$8,862
May 2014161,26394.734.73$7,485
Apr 20141999395.944.81$6,598
Mar 2014848495.895.06$3,215
Feb 2014846597.406.19$3,658
Jan 2014251,44390.404.86$9,274
Dec 2013171,00791.824.35$5,946
Nov 2013311,93888.853.74$9,999
Oct 2013563,63697.423.78$19,197
Sep 2013533,602104.113.72$18,909
Aug 2013543,709104.253.52$18,695
Jul 2013613,857102.523.72$20,593
Jun 2013583,81094.403.93$20,461
May 2013373,93194.834.15$19,819
Apr 2013101,27493.964.28$6,396
Mar 2013141,54893.623.91$7,368
Feb 2013282,75791.233.42$11,983
Jan 2013303,18991.603.42$13,654
Dec 2012283,23386.773.42$13,487
Nov 2012263,00086.953.62$13,136
Oct 2012111,22889.383.40$5,158
Sep 201252,16194.672.92$6,780
Aug 201252,43592.662.91$7,545
Jul 201262,97585.133.02$9,498
Jun 201272,74279.822.52$7,466
May 201231,29591.612.49$3,497
Apr 20122832101.652.00$1,865
Mar 2012121,611105.052.22$4,840
Feb 20128839101.102.57$2,965
Jan 2012222,33598.092.73$8,542
Dec 2011384,11696.873.24$17,016
Nov 2011394,11595.723.31$17,359
Oct 2011293,46184.983.65$15,092
Sep 201191,13983.623.99$5,292
Aug 2011192,45283.404.15$11,759
Jul 2011283,23894.144.52$17,263
Jun 2011232,47992.904.64$13,639
May 2011242,51198.134.40$13,416
Apr 201100105.964.33$0
Mar 2011479696.364.06$3,615
Feb 2011132,22485.644.18$10,410
Jan 2011193,89286.504.59$19,503
Dec 2010214,00385.734.35$19,204
Nov 2010193,79880.843.80$15,951
Oct 2010322,67378.103.51$11,878
Sep 2010453,91972.633.98$18,864
Aug 2010434,11273.684.42$21,341
Jul 2010454,09072.554.74$22,637
Jun 2010484,05070.364.91$23,264
May 2010614,27771.124.24$22,452
Apr 2010503,29781.694.12$17,677
Mar 2010253,18478.394.39$15,933
Feb 2010313,92573.585.44$23,642
Jan 2010304,26274.365.96$27,650
Dec 2009293,73371.445.48$22,543
Nov 2009192,96274.593.75$12,529
Oct 2009142,21572.544.11$10,120
Sep 2009152,59665.543.06$8,939
Aug 2009111,84667.423.22$6,683
Jul 200981,26361.133.46$4,865
Jun 2009101,49166.163.90$6,469
May 200981,29954.743.93$5,537
Apr 2009111,07946.773.59$4,385
Mar 20091156042.144.06$2,737
Feb 2009313632.814.63$729
Jan 20091793235.865.37$5,615
Dec 20081269037.105.98$4,569
Nov 2008191,08155.496.86$8,470
Oct 2008906,11175.246.92$49,072
Sep 2008181,797101.767.88$15,987
Aug 2008313,249114.228.48$31,102
Jul 2008535,578131.0811.39$70,477
Jun 2008111,077131.3313.03$15,481
May 2008121,167123.1711.57$14,985
Apr 200810852110.3110.45$10,011
Mar 2008171,402101.909.66$15,281
Feb 2008201,46192.538.77$14,664
Jan 2008151,14990.388.21$10,784
Dec 2007332,60288.337.30$21,915
Nov 2007494,75791.677.29$39,178
Oct 2007776,19482.856.92$49,254
Sep 2007676,30175.846.24$44,426
Aug 2007323,14869.066.39$22,319
Jul 2007495,28470.906.39$37,228
Jun 2007596,42062.007.55$52,119
May 2007373,97858.747.85$33,386
Apr 2007344,76259.617.81$39,195
Mar 2007554,63756.927.30$36,990
Feb 2007605,44355.108.22$48,026
Jan 2007756,58550.306.73$48,069
Dec 2006434,11556.656.92$30,905
Nov 2006556,00754.207.62$48,739
Oct 2006577,02854.906.01$45,394
Sep 2006637,51960.085.04$41,660
Aug 2006455,42768.717.34$42,926
Jul 2006466,09469.376.34$41,844
Jun 2006435,56766.286.38$38,389
May 2006637,10266.016.42$49,789
Apr 2006847,37164.397.36$59,663
Mar 20062316,69456.707.08$60,511
Feb 20062236,44157.597.75$62,768
Jan 20062257,91460.598.93$84,331
Dec 20051877,73954.9413.42$114,096
Nov 2005271,15754.6910.59$13,727
Oct 2005472,33558.3413.80$34,955
Sep 200501,54661.4512.08$18,674
Aug 2005045161.519.80$4,418
Jul 200541,32755.697.84$10,631
Jun 200561,77452.337.38$13,408
May 200571,71145.226.65$11,697
Apr 200572,01749.207.36$15,190
Mar 200581,22650.377.15$9,175
Feb 2005368145.226.31$4,434
Jan 200551,35243.166.32$8,763
Dec 2004899839.866.75$7,056
Nov 2004111,48145.286.33$9,873
Oct 200461,00149.706.52$6,820
Sep 2004162,37443.245.28$13,236
Aug 2004213,16142.375.55$18,435
Jul 2004273,66838.286.08$23,350
Jun 2004253,39736.106.43$22,755
May 200403,79737.486.49$24,660
Apr 200404,22434.475.86$24,746
Mar 200404,78934.365.53$26,484
Feb 200403,02832.455.51$16,683
Jan 200402,19232.036.30$13,809
Dec 200301,65430.266.30$10,423
Nov 200301,84428.804.60$8,473
Oct 200312,17128.174.76$10,361
Sep 2003142,29026.314.75$11,244
Aug 200362,32029.765.13$12,080
Jul 200371,76529.415.17$9,332
Jun 200381,69628.565.98$10,376
May 200392,36826.595.97$14,383
Apr 2003103,00126.675.41$16,494
Mar 2003213,09431.146.10$19,515
Feb 2003874433.487.93$6,165
Jan 2003151,91730.315.58$11,155
Dec 2002231,93526.914.85$10,011
Nov 2002121,78424.664.14$7,676
Oct 2002342,18426.464.23$10,136
Sep 2002261,78427.443.64$7,199
Aug 2002132,15325.963.16$7,150
Jul 2002141,72324.583.06$5,620
Jun 2002242,46323.733.34$8,792
May 2002282,26124.663.58$8,794
Apr 200231,92623.653.51$6,836
Mar 2002143,49122.003.10$11,140
Feb 2002133,58118.222.38$8,744
Jan 2002202,25217.172.38$5,693
Dec 200101,56616.932.36$3,703
Nov 20011111,93018.072.41$6,648
Oct 200110495119.782.53$4,462
Sep 20011022,46924.262.25$8,033
Aug 2001681,98024.873.05$7,736
Jul 2001342,06023.933.20$7,400
Jun 2001231,02824.563.82$4,496
May 2001212,44225.524.31$11,054
Apr 2001101,06324.685.34$5,918
Mar 2001281,75424.545.38$10,117
Feb 2001322,02827.755.77$12,584
Jan 2001372,21527.478.40$19,620
Dec 2000562,17826.889.12$21,374
Nov 2000542,47832.215.66$15,760
Oct 2000561,93631.235.15$11,711
Sep 2000121,52531.875.19$8,292
Aug 2000272,88329.644.54$13,891
Jul 2000291,93828.534.09$8,753
Jun 2000241,66829.304.40$8,038
May 2000263,13127.263.68$12,230
Apr 2000581724.513.12$2,668
Mar 2000121,99328.422.86$6,041
Feb 2000262,32227.622.73$7,049
Jan 2000131,72625.272.48$4,610
Dec 1999172,33324.282.42$6,067
Nov 1999172,49623.192.43$6,469
Oct 1999132,27020.982.80$6,637
Sep 1999142,62521.752.62$7,179
Aug 199991,71419.262.88$5,102
Jul 1999132,63217.892.37$6,477
Jun 1999172,94415.942.36$7,225
May 1999142,80415.792.32$6,729
Apr 1999152,72415.102.21$6,241
Mar 1999213,61712.471.84$6,911
Feb 1999253,7869.981.82$7,132
Jan 1999223,37410.381.90$6,639
Dec 1998192,8979.201.77$5,312
Nov 1998152,93010.892.19$6,568
Oct 199803,26812.421.97$6,435
Sep 1998102,18112.592.08$4,668
Aug 1998173,20111.301.91$6,298
Jul 1998112,36711.742.24$5,425
Jun 1998183,17011.242.24$7,294
May 1998183,10512.622.21$7,078
Apr 1998203,32413.042.51$8,589
Mar 1998162,54112.802.31$6,073
Feb 1998192,85513.952.30$6,829
Jan 1998233,44714.702.15$7,766
Dec 1997332,40816.322.41$6,344
Nov 1997912,22418.193.09$8,524
Oct 19971373,44319.253.15$13,482
Sep 199703,11917.742.95$9,216
Aug 199702,59017.862.55$6,617
Jul 199702,19517.582.25$4,932
Jun 199702,34117.242.26$5,284
May 19971492,78218.972.31$9,249
Apr 199703,04217.882.08$6,336
Mar 199702,52218.951.94$4,891
Feb 199702,64220.492.21$5,828
Jan 19971532,91223.483.54$13,900
Dec 199603,35023.32$0
Nov 199633,06521.97$66
Oct 199603,63023.31$0
Sep 19961503,43722.22$3,333
Aug 199602,94620.26$0
Jul 199603,65719.55$0
Jun 199603,42318.73$0
May 19961563,14019.43$3,031
Apr 199603,05621.51$0
Mar 199603,61219.38$0
Feb 199603,28916.98$0
Jan 199603,52917.07$0
Dec 199534,15017.19$52
Nov 19951534,09816.00$2,448
Oct 199504,13515.43$0
Sep 199513,45216.18$16
Aug 19951503,84215.92$2,388
Jul 199524,04215.24$30
Jun 199534,62216.41$49
May 199533,86317.56$53
Apr 19951542,78517.73$2,730
Mar 199503,05216.44$0
Feb 199513,43116.58$17
Jan 199524,10015.92$32
Dec 19941523,95815.03$2,285
Nov 199413,92615.90$16
Oct 199414,34115.58$16
Sep 199414,58615.29$15
Aug 19941544,26116.13$2,484
Jul 199404,43217.56$0
Jun 199424,42917.09$34
May 19941534,71015.88$2,430
Apr 199403,68714.14$0
Mar 199414,17312.46$12
Feb 19941544,21312.50$1,925
Jan 199425,02912.66$25
Dec 199314,67512.33$12
Nov 199314,89514.49$14
Oct 19931564,47715.85$2,473
Sep 199315,12215.03$15
Aug 199315,71915.66$16
Jul 19931535,94815.46$2,365
Jun 199305,27816.79$0
May 19931655,40117.68$2,917
Apr 199304,75018.05$0
Mar 199305,66618.14$0
Feb 19931685,96817.90$3,007
Jan 199305,44016.93$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.

Dec 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.01 =         $0
Gas                  632 Mcf  × $  2.30 =     $1,456

────────────────────────────────────────────────────
Month total                                   $1,456

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/132397 is the state's own key, not one this site invented.