MORGAN 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 133036District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Jan 1993 – Feb 2023
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
362
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 Gas111990-03-29121828
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
CondensateDisposition16,128 bbl$631,764
GasProduction1,133,332 Mcf$2,959,761
Total$3,591,525

398,529 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 32.1744, -94.2878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17437, -94.28784 · 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
9,658 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 9,658 ft.

Completions filed
Feb 2023
1 of 1 wells

1 well

42-3653202759,658 ftFeb 2023Yes

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 (362)

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

362 months

Feb 2023462975.112.47$1,851
Jan 20231338376.533.39$2,292
Dec 2022935176.415.73$2,699
Nov 2022731285.005.65$2,357
Oct 2022238587.185.86$2,432
Sep 2022234584.888.16$2,986
Aug 2022229694.529.13$2,891
Jul 20222234101.587.54$1,968
Jun 20222338115.097.98$2,926
May 20222391109.378.43$3,516
Apr 20223396104.226.84$3,020
Mar 20222428108.885.08$2,390
Feb 2022338891.054.86$2,158
Jan 2022239681.844.54$1,961
Dec 2021336171.323.90$1,622
Nov 2021239277.435.24$2,208
Oct 20211142279.795.71$3,289
Sep 20211637569.865.35$3,124
Aug 20211442766.024.22$2,726
Jul 2021741270.783.98$2,136
Jun 2021335869.493.38$1,419
May 2021440063.483.02$1,461
Apr 2021431960.362.76$1,121
Mar 2021342361.302.72$1,333
Feb 2021138357.805.55$2,183
Jan 2021339750.412.81$1,267
Dec 2020340444.642.68$1,215
Nov 2020548338.772.71$1,501
Oct 2020344736.972.48$1,219
Sep 2020447437.091.99$1,092
Aug 2020339839.982.39$1,069
Jul 2020351338.371.83$1,051
Jun 2020453234.901.69$1,039
May 2020244616.921.81$843
Apr 2020346814.751.80$889
Mar 2020550730.341.86$1,093
Feb 2020536549.881.98$972
Jan 2020553157.252.09$1,399
Dec 2019761659.012.30$1,833
Nov 2019553155.302.75$1,737
Oct 2019264053.472.42$1,655
Sep 2019150755.052.66$1,402
Aug 2019251553.112.30$1,293
Jul 2019258056.272.46$1,539
Jun 2019258852.782.49$1,570
May 2019370158.482.74$2,096
Apr 2019369362.632.75$2,094
Mar 2019362056.803.06$2,069
Feb 2019462350.852.79$1,943
Jan 2019974146.033.23$2,806
Dec 20181480046.594.19$4,001
Nov 2018101,02852.934.24$4,885
Oct 201881,00461.443.40$3,903
Sep 20183196459.543.11$4,842
Aug 20185898859.403.07$6,475
Jul 20183293565.142.93$4,826
Jun 20182395060.183.08$4,307
May 2018731,07265.382.90$7,882
Apr 2018721,05763.842.90$7,663
Mar 20184786261.222.79$5,280
Feb 20183840461.782.77$3,465
Jan 20182923562.874.01$2,765
Dec 20171162,25557.272.92$13,231
Nov 20171102,13055.423.12$12,738
Oct 20171181,87149.292.98$11,399
Sep 20175830047.523.09$3,682
Aug 20174740645.373.00$3,352
Jul 20174942043.873.09$3,446
Jun 20175447442.493.09$3,758
May 20175550845.373.26$4,153
Apr 20175147347.933.21$3,964
Mar 20174845346.772.98$3,597
Feb 20176243750.452.95$4,418
Jan 20174152049.413.42$3,804
Dec 20165960348.763.72$5,122
Nov 2016505942.492.64$2,281
Oct 2016561,56746.193.09$7,429
Sep 2016382,65741.553.10$9,817
Aug 2016051841.442.92$1,515
Jul 2016356941.622.92$1,789
Jun 20161857645.352.69$2,363
May 20164863542.521.99$3,305
Apr 20164946636.561.99$2,719
Mar 20164359233.011.79$2,481
Feb 20166955126.472.06$2,963
Jan 20164461827.352.36$2,665
Dec 20155355332.362.00$2,822
Nov 20155245138.792.17$2,995
Oct 20155247543.552.43$3,417
Sep 20154353542.992.76$3,324
Aug 20155264340.162.87$3,935
Jul 20155280748.152.95$4,880
Jun 20155196656.152.88$5,648
May 2015602,02655.212.96$9,300
Apr 2015592,67849.822.71$10,188
Mar 2015632,59942.892.93$10,329
Feb 2015412,46444.662.98$9,164
Jan 2015552,74143.433.10$10,887
Dec 2014502,23754.693.59$10,768
Nov 2014371,47370.464.25$8,870
Oct 2014461,02478.303.90$7,596
Sep 2014351,64786.164.05$9,678
Aug 2014522,70289.394.04$15,551
Jul 2014522,78796.564.18$16,670
Jun 2014522,77798.164.74$18,259
May 20144899594.734.73$9,250
Apr 20145445395.944.81$7,359
Mar 20144670495.895.06$7,971
Feb 2014532,50497.406.19$20,667
Jan 2014573,42590.404.86$21,801
Dec 2013523,08291.824.35$18,195
Nov 2013522,89888.853.74$15,454
Oct 2013552,92997.423.78$16,428
Sep 2013452,894104.113.72$15,444
Aug 2013281,909104.253.52$9,644
Jul 201310500102.523.72$2,884
Jun 20132470394.403.93$5,031
May 2013451,67894.834.15$11,230
Apr 2013572,27693.964.28$15,103
Mar 2013592,39493.623.91$14,891
Feb 2013582,25191.233.42$12,990
Jan 201315087591.603.42$16,732
Dec 20123081,85286.773.42$33,059
Nov 2012492,75786.953.62$14,255
Oct 201201,33089.383.40$4,522
Sep 201202,07894.672.92$6,064
Aug 2012232,19592.662.91$8,515
Jul 2012241,87485.133.02$7,704
Jun 20121829379.822.52$2,175
May 20122356591.612.49$3,513
Apr 201225732101.652.00$4,003
Mar 201228716105.052.22$4,532
Feb 201226609101.102.57$4,194
Jan 20122558898.092.73$4,060
Dec 20112165096.873.24$4,140
Nov 20111663395.723.31$3,628
Oct 20112375284.983.65$4,698
Sep 20112273183.623.99$4,753
Aug 20113482983.404.15$6,275
Jul 20112843394.144.52$4,592
Jun 20111671592.904.64$4,804
May 20112444798.134.40$4,324
Apr 201118423105.964.33$3,740
Mar 20111746396.364.06$3,517
Feb 20112131785.644.18$3,123
Jan 20112349586.504.59$4,261
Dec 20101448785.734.35$3,318
Nov 20102151280.843.80$3,641
Oct 20101653678.103.51$3,130
Sep 2010755072.633.98$2,697
Aug 20101559473.684.42$3,730
Jul 20102580072.554.74$5,603
Jun 20102693870.364.91$6,435
May 2010431,05871.124.24$7,539
Apr 20104495381.694.12$7,523
Mar 2010341,04778.394.39$7,260
Feb 2010501,22173.585.44$10,324
Jan 2010431,11274.365.96$9,830
Dec 2009621,31371.445.48$11,629
Nov 2009361,27874.593.75$7,480
Oct 2009461,25272.544.11$8,483
Sep 2009421,32165.543.06$6,801
Aug 2009431,32267.423.22$7,154
Jul 2009361,31261.133.46$6,746
Jun 2009401,32166.163.90$7,792
May 2009371,46454.743.93$7,773
Apr 2009361,58046.773.59$7,352
Mar 2009351,55442.144.06$7,783
Feb 2009440832.814.63$2,022
Jan 2009593135.865.37$5,180
Dec 200851,24437.105.98$7,621
Nov 200871,23155.496.86$8,834
Oct 20081781475.246.92$6,914
Sep 200810776101.767.88$7,130
Aug 2008291,063114.228.48$12,330
Jul 2008301,331131.0811.39$19,092
Jun 2008281,424131.3313.03$22,236
May 2008251,199123.1711.57$16,957
Apr 200837938110.3110.45$13,888
Mar 2008241,089101.909.66$12,970
Feb 2008321,25992.538.77$14,003
Jan 2008221,42790.388.21$13,698
Dec 2007211,31888.337.30$11,479
Nov 2007261,40091.677.29$12,592
Oct 2007271,48982.856.92$12,544
Sep 2007261,30575.846.24$10,120
Aug 2007211,63869.066.39$11,914
Jul 2007241,56270.906.39$11,680
Jun 2007281,49562.007.55$13,021
May 2007241,49958.747.85$13,171
Apr 2007281,50359.617.81$13,400
Mar 2007271,65656.927.30$13,629
Feb 2007181,53155.108.22$13,571
Jan 2007251,61750.306.73$12,135
Dec 2006241,40256.656.92$11,059
Nov 2006221,34554.207.62$11,438
Oct 2006151,30954.906.01$8,696
Sep 2006141,83260.085.04$10,069
Aug 2006151,99468.717.34$15,666
Jul 2006162,00269.376.34$13,808
Jun 2006141,77966.286.38$12,285
May 2006151,65966.016.42$11,649
Apr 2006685664.397.36$6,687
Mar 20061316856.707.08$1,927
Feb 20061635457.597.75$3,665
Jan 20061936460.598.93$4,403
Dec 20057538154.9413.42$9,232
Nov 20058658654.6910.59$10,908
Oct 20053648758.3413.80$8,819
Sep 20054771061.4512.08$11,464
Aug 2005321,08561.519.80$12,598
Jul 2005251,33355.697.84$11,848
Jun 2005421,63452.337.38$14,258
May 2005423,07745.226.65$22,365
Apr 2005372,06749.207.36$17,035
Mar 2005121,77350.377.15$13,290
Feb 2005141,40245.226.31$9,482
Jan 2005241,34543.166.32$9,539
Dec 2004291,23039.866.75$9,460
Nov 2004241,02745.286.33$7,588
Oct 2004181,75149.706.52$12,303
Sep 2004222,03243.245.28$11,688
Aug 2004463,94142.375.55$23,824
Jul 2004322,90038.286.08$18,869
Jun 2004321,63536.106.43$11,673
May 2004251,72537.486.49$12,140
Apr 2004272,56734.475.86$15,969
Mar 2004304,04934.365.53$23,422
Feb 2004483,72432.455.51$22,075
Jan 2004233,98432.036.30$25,834
Dec 2003284,97630.266.30$32,204
Nov 2003185,95528.804.60$27,883
Oct 2003235,13728.174.76$25,098
Sep 2003383,21726.314.75$16,278
Aug 2003263,89529.765.13$20,754
Jul 2003573,78929.415.17$21,269
Jun 2003294,63428.565.98$28,553
May 2003404,76226.595.97$29,506
Apr 2003385,37126.675.41$30,056
Mar 2003655,58231.146.10$36,052
Feb 2003285,31333.487.93$43,048
Jan 2003115,95930.315.58$33,597
Dec 2002135,91726.914.85$29,070
Nov 2002115,86524.664.14$24,535
Oct 2002156,29326.464.23$27,011
Sep 2002166,31527.443.64$23,395
Aug 2002186,29925.963.16$20,398
Jul 2002106,44524.583.06$19,979
Jun 2002156,61323.733.34$22,432
May 2002106,88824.663.58$24,933
Apr 2002156,57723.653.51$23,455
Mar 2002266,77222.003.10$21,584
Feb 2002256,24718.222.38$15,296
Jan 2002477,00517.172.38$17,449
Dec 2001367,23216.932.36$17,709
Nov 2001236,46018.072.41$15,955
Oct 2001406,96619.782.53$18,407
Sep 2001486,12424.262.25$14,952
Aug 2001786,54124.873.05$21,911
Jul 2001577,78223.933.20$26,244
Jun 2001546,73224.563.82$27,070
May 2001766,64925.524.31$30,579
Apr 2001835,87024.685.34$33,367
Mar 20011156,18824.545.38$36,092
Feb 2001555,52827.755.77$33,407
Jan 2001866,95927.478.40$60,809
Dec 2000237,02326.889.12$64,686
Nov 2000246,21232.215.66$35,921
Oct 2000197,16931.235.15$37,481
Sep 2000147,31531.875.19$38,385
Aug 2000157,04229.644.54$32,421
Jul 2000176,68528.534.09$27,825
Jun 2000186,22529.304.40$27,900
May 2000296,03727.263.68$23,005
Apr 2000633,46424.513.12$12,338
Mar 2000809,57628.422.86$29,659
Feb 2000433,77427.622.73$11,477
Jan 2000453,81925.272.48$10,610
Dec 1999353,81524.282.42$10,096
Nov 1999263,50323.192.43$9,129
Oct 1999253,87220.982.80$11,380
Sep 1999163,38721.752.62$9,218
Aug 1999323,89819.262.88$11,825
Jul 1999234,20817.892.37$10,394
Jun 1999474,04015.942.36$10,292
May 1999435,60215.792.32$13,681
Apr 1999315,24015.102.21$12,038
Mar 1999434,65112.471.84$9,086
Feb 1999273,8369.981.82$7,243
Jan 1999164,99310.381.90$9,653
Dec 1998425,3579.201.77$9,886
Nov 1998615,75910.892.19$13,252
Oct 1998835,66712.421.97$12,190
Sep 1998835,75012.592.08$13,020
Aug 199805,24411.301.91$10,002
Jul 1998875,55611.742.24$13,452
Jun 199805,69511.242.24$12,741
May 1998886,08012.622.21$14,525
Apr 1998866,01913.042.51$16,201
Mar 1998836,06212.802.31$15,062
Feb 199805,47713.952.30$12,592
Jan 1998826,09814.702.15$14,345
Dec 1997866,49816.322.41$17,071
Nov 1997588,52218.193.09$27,373
Oct 199703,83119.253.15$12,067
Sep 1997724,58017.742.95$14,811
Aug 199705,72417.862.55$14,623
Jul 1997845,51017.582.25$13,857
Jun 199705,33917.242.26$12,051
May 1997865,82018.972.31$15,067
Apr 1997855,33117.882.08$12,623
Mar 1997825,37118.951.94$11,969
Feb 1997875,40520.492.21$13,706
Jan 1997816,33123.483.54$24,312
Dec 1996856,70923.32$1,982
Nov 1996797,77721.97$1,736
Oct 1996847,22723.31$1,958
Sep 1996787,74622.22$1,733
Aug 199608,34420.26$0
Jul 1996818,38719.55$1,584
Jun 1996768,62318.73$1,423
May 19961509,65619.43$2,915
Apr 1996787,76021.51$1,678
Mar 19961896,76219.38$3,663
Feb 19961088,94116.98$1,834
Jan 199624610,50017.07$4,199
Dec 199512011,52917.19$2,063
Nov 199522110,85416.00$3,536
Oct 19951949,57615.43$2,993
Sep 1995689,64416.18$1,100
Aug 19951376,54015.92$2,181
Jul 19951147,07515.24$1,737
Jun 1995545,81216.41$886
May 1995556,00617.56$966
Apr 19951085,64817.73$1,915
Mar 19951086,02116.44$1,776
Feb 19951136,13816.58$1,874
Jan 1995376,75515.92$589
Dec 1994686,48315.03$1,022
Nov 1994346,87815.90$541
Oct 1994687,32515.58$1,059
Sep 1994397,20615.29$596
Aug 1994358,54716.13$565
Jul 1994698,76617.56$1,212
Jun 1994478,64217.09$803
May 19941008,72415.88$1,588
Apr 1994797,93514.14$1,117
Mar 1994777,69412.46$959
Feb 19941147,17212.50$1,425
Jan 19941438,75112.66$1,810
Dec 19931339,22012.33$1,640
Nov 19933236,97014.49$4,680
Oct 199308,71415.85$0
Sep 19931968,71315.03$2,946
Aug 19931939,62715.66$3,022
Jul 19931979,49515.46$3,046
Jun 19931959,20616.79$3,274
May 19931969,59217.68$3,465
Apr 19931929,43118.05$3,466
Mar 199319110,91018.14$3,465
Feb 199319210,89917.90$3,437
Jan 199318611,59916.93$3,149

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.

Feb 2023 — as filed, then multipliedworked
Condensate             4 bbl  × $ 75.11 =       $300
Gas                  629 Mcf  × $  2.47 =     $1,551

────────────────────────────────────────────────────
Month total                                   $1,851

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/133036 is the state's own key, not one this site invented.