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 133330District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – Jul 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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 Gas111990-05-14122216
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
CondensateDisposition12,508 bbl$380,161
GasProduction858,345 Mcf$1,736,492
Total$2,116,653

378,088 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 32.1950, -94.2836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19500, -94.28358 · 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
9,666 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 9,666 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-3653213459,666 ftJul 2021Yes

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 (343)

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

343 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201701757.272.92$50
Nov 201702855.423.12$87
Oct 201707049.292.98$209
Sep 201709847.523.09$303
Aug 2017038845.373.00$1,166
Jul 2017016043.873.09$494
Jun 2017012042.493.09$370
May 2017012045.373.26$392
Apr 2017011447.933.21$366
Mar 2017011846.772.98$352
Feb 2017012150.452.95$357
Jan 2017012349.413.42$421
Dec 2016010848.763.72$402
Nov 20160042.492.64$0
Oct 2016027246.193.09$841
Sep 2016036041.553.10$1,116
Aug 2016019841.442.92$579
Jul 2016027141.622.92$793
Jun 2016021245.352.69$569
May 2016013642.521.99$271
Apr 201609436.561.99$187
Mar 2016010633.011.79$190
Feb 201609626.472.06$198
Jan 2016010527.352.36$248
Dec 2015010832.362.00$216
Nov 2015011238.792.17$243
Oct 2015011943.552.43$289
Sep 2015010742.992.76$295
Aug 2015013340.162.87$382
Jul 2015013248.152.95$389
Jun 2015012356.152.88$355
May 2015011055.212.96$325
Apr 2015013149.822.71$355
Mar 2015010442.892.93$305
Feb 201509844.662.98$292
Jan 2015011043.433.10$341
Dec 2014010954.693.59$391
Nov 2014012270.464.25$519
Oct 2014014478.303.90$562
Sep 2014013886.164.05$558
Aug 2014015189.394.04$609
Jul 2014013896.564.18$577
Jun 2014014198.164.74$668
May 2014014494.734.73$681
Apr 2014013495.944.81$644
Mar 2014014395.895.06$723
Feb 2014013497.406.19$830
Jan 2014017490.404.86$846
Dec 2013017591.824.35$762
Nov 2013019088.853.74$710
Oct 2013018297.423.78$688
Sep 20130136104.113.72$506
Aug 20130147104.253.52$518
Jul 20130166102.523.72$617
Jun 2013017094.403.93$669
May 2013017794.834.15$734
Apr 2013015693.964.28$668
Mar 2013010993.623.91$427
Feb 201309391.233.42$318
Jan 2013013691.603.42$465
Dec 2012015986.773.42$544
Nov 2012031886.953.62$1,153
Oct 201207089.383.40$238
Sep 2012020594.672.92$598
Aug 2012022292.662.91$646
Jul 2012018285.133.02$550
Jun 2012020379.822.52$511
May 2012021291.612.49$528
Apr 20120120101.652.00$240
Mar 2012068105.052.22$151
Feb 2012055101.102.57$141
Jan 2012034898.092.73$951
Dec 20110096.873.24$0
Nov 2011010795.723.31$354
Oct 2011022184.983.65$806
Sep 2011025883.623.99$1,028
Aug 2011025483.404.15$1,054
Jul 2011025194.144.52$1,134
Jun 2011019192.904.64$886
May 2011016198.134.40$709
Apr 20110160105.964.33$693
Mar 2011013096.364.06$527
Feb 2011015785.644.18$656
Jan 2011016886.504.59$771
Dec 2010016185.734.35$700
Nov 2010016080.843.80$607
Oct 2010017278.103.51$604
Sep 2010023172.633.98$919
Aug 2010024373.684.42$1,074
Jul 2010023272.554.74$1,099
Jun 2010021970.364.91$1,075
May 2010022271.124.24$940
Apr 2010720781.694.12$1,425
Mar 20101717378.394.39$2,092
Feb 2010189773.585.44$1,852
Jan 20101817474.365.96$2,376
Dec 20092421271.445.48$2,877
Nov 20091820074.593.75$2,093
Oct 20091622772.544.11$2,094
Sep 20091623665.543.06$1,772
Aug 20091823767.423.22$1,976
Jul 20092425161.133.46$2,337
Jun 20092424166.163.90$2,527
May 20091723354.743.93$1,845
Apr 20092318946.773.59$1,754
Mar 20093626842.144.06$2,605
Feb 20093143832.814.63$3,046
Jan 20094623835.865.37$2,928
Dec 20085519537.105.98$3,206
Nov 20085619255.496.86$4,425
Oct 20085217475.246.92$5,117
Sep 200856164101.767.88$6,990
Aug 200836194114.228.48$5,758
Jul 200849234131.0811.39$9,088
Jun 200873204131.3313.03$12,246
May 200878205123.1711.57$11,980
Apr 200862210110.3110.45$9,035
Mar 2008107215101.909.66$12,981
Feb 20087219092.538.77$8,329
Jan 20086617590.388.21$7,401
Dec 20076622788.337.30$7,487
Nov 20076623491.677.29$7,756
Oct 20076224782.856.92$6,846
Sep 20074023675.846.24$4,507
Aug 20074028669.066.39$4,589
Jul 20074455470.906.39$6,659
Jun 20074245162.007.55$6,008
May 20074263358.747.85$7,434
Apr 20076367759.617.81$9,040
Mar 20074448356.927.30$6,031
Feb 20077265455.108.22$9,340
Jan 20071551,22150.306.73$16,010
Dec 20067943956.656.92$7,513
Nov 20064596354.207.62$9,775
Oct 20063872954.906.01$6,470
Sep 20062488960.085.04$5,920
Aug 20061777968.717.34$6,886
Jul 20062699169.376.34$8,089
Jun 20062194166.286.38$7,399
May 20061968366.016.42$5,642
Apr 20062095664.397.36$8,324
Mar 2006592356.707.08$6,821
Feb 2006775757.597.75$6,271
Jan 200661,03760.598.93$9,627
Dec 2005743254.9413.42$6,180
Nov 2005844854.6910.59$5,181
Oct 2005853358.3413.80$7,820
Sep 20051944361.4512.08$6,519
Aug 20051552461.519.80$6,056
Jul 20051754855.697.84$5,245
Jun 20051459452.337.38$5,117
May 20051447645.226.65$3,799
Apr 20052052949.207.36$4,878
Mar 20052942850.377.15$4,523
Feb 20052540545.226.31$3,687
Jan 20053749943.166.32$4,752
Dec 20043956039.866.75$5,335
Nov 20042050145.286.33$4,077
Oct 20041959449.706.52$4,814
Sep 20046491943.245.28$7,623
Aug 2004601,06942.375.55$8,476
Jul 20047097238.286.08$8,593
Jun 20041151,50636.106.43$13,840
May 20041361,51137.486.49$14,911
Apr 2004891,34834.475.86$10,965
Mar 20041091,47234.365.53$11,886
Feb 2004331,84532.455.51$11,236
Jan 2004553,11432.036.30$21,379
Dec 2003361,05830.266.30$7,757
Nov 2003392,36928.804.60$12,009
Oct 2003432,79128.174.76$14,495
Sep 2003323,22226.314.75$16,144
Aug 2003283,68529.765.13$19,736
Jul 2003343,02329.415.17$16,631
Jun 2003344,24928.565.98$26,393
May 2003513,22526.595.97$20,618
Apr 2003202,59126.675.41$14,544
Mar 2003172,70831.146.10$17,037
Feb 2003232,75733.487.93$22,622
Jan 2003292,95130.315.58$17,352
Dec 2002342,74126.914.85$14,219
Nov 2002263,43124.664.14$14,835
Oct 2002313,56126.464.23$15,880
Sep 2002334,10027.443.64$15,810
Aug 2002382,65125.963.16$9,375
Jul 2002512,82624.583.06$9,906
Jun 2002442,25623.733.34$8,575
May 2002612,84324.663.58$11,694
Apr 2002583,04523.653.51$12,067
Mar 2002713,68322.003.10$12,989
Feb 2002283,90818.222.38$9,794
Jan 2002403,86017.172.38$9,857
Dec 2001391,69616.932.36$4,670
Nov 2001393,82818.072.41$9,913
Oct 2001314,12019.782.53$11,032
Sep 2001653,87824.262.25$10,308
Aug 2001673,99124.873.05$13,851
Jul 2001684,19323.933.20$15,033
Jun 2001594,26124.563.82$17,744
May 2001805,03425.524.31$23,725
Apr 2001912,67924.685.34$16,539
Mar 2001974,26724.545.38$25,322
Feb 20011015,16827.755.77$32,607
Jan 20011025,68227.478.40$50,524
Dec 2000525,41026.889.12$50,750
Nov 2000435,20832.215.66$30,852
Oct 2000476,20231.235.15$33,380
Sep 2000236,92731.875.19$36,660
Aug 2000346,46629.644.54$30,368
Jul 2000466,40528.534.09$27,507
Jun 2000454,62229.304.40$21,643
May 2000465,16327.263.68$20,253
Apr 2000735,02324.513.12$17,441
Mar 20001055,66828.422.86$19,193
Feb 20001025,63627.622.73$18,184
Jan 20001396,14925.272.48$18,765
Dec 1999614,80124.282.42$13,117
Nov 1999575,42223.192.43$14,519
Oct 1999904,53520.982.80$14,603
Sep 1999446,23521.752.62$17,286
Aug 1999456,90919.262.88$20,734
Jul 1999416,80717.892.37$16,882
Jun 1999186,15715.942.36$14,830
May 1999486,85815.792.32$16,675
Apr 1999346,04815.102.21$13,868
Mar 1999716,09412.471.84$12,088
Feb 1999565,0389.981.82$9,717
Jan 1999125,74610.381.90$11,042
Dec 1998276,0359.201.77$10,950
Nov 1998365,54610.892.19$12,514
Oct 1998375,93112.421.97$12,139
Sep 199806,01912.592.08$12,535
Aug 1998346,31811.301.91$12,435
Jul 1998345,97511.742.24$13,767
Jun 1998356,08411.242.24$14,005
May 1998356,30712.622.21$14,357
Apr 1998326,23913.042.51$16,048
Mar 1998325,63912.802.31$13,433
Feb 1998346,11613.952.30$14,536
Jan 1998905,82614.702.15$13,877
Dec 1997587,37816.322.41$18,736
Nov 1997378,39818.193.09$26,608
Oct 1997376,34419.253.15$20,695
Sep 1997826,19417.742.95$19,757
Aug 1997457,28317.862.55$19,410
Jul 1997248,05217.582.25$18,514
Jun 1997117,79317.242.26$17,780
May 199756,89018.972.31$16,000
Apr 1997117,17017.882.08$15,130
Mar 1997117,66918.951.94$15,080
Feb 1997117,02420.492.21$15,720
Jan 1997388,74323.483.54$31,840
Dec 1996659,27623.32$1,516
Nov 1996629,69621.97$1,362
Oct 1996639,41123.31$1,469
Sep 19963210,26422.22$711
Aug 19969211,04120.26$1,864
Jul 19966312,12619.55$1,232
Jun 199610312,52618.73$1,929
May 19965415,45519.43$1,049
Apr 19963812321.51$817
Mar 1996353,91019.38$678
Feb 1996524,49616.98$883
Jan 1996195,50717.07$324
Dec 1995494,24617.19$842
Nov 19951283,45716.00$2,048
Oct 19951797,62615.43$2,762
Sep 199504,53216.18$0
Aug 1995757,22915.92$1,194
Jul 1995656,82615.24$991
Jun 19951594,78116.41$2,609
May 199506,94417.56$0
Apr 1995686,86817.73$1,206
Mar 19951426,29116.44$2,334
Feb 1995685,60116.58$1,127
Jan 1995586,18215.92$923
Dec 1994635,51915.03$947
Nov 19941376,90415.90$2,178
Oct 1994647,35715.58$997
Sep 1994726,55615.29$1,101
Aug 19941378,27316.13$2,210
Jul 1994707,56117.56$1,229
Jun 19941438,19917.09$2,444
May 19941449,82115.88$2,287
Apr 1994628,73314.14$877
Mar 19941174,44312.46$1,458
Feb 19941716,87812.50$2,138
Jan 19943018,35812.66$3,811
Dec 1993509,11212.33$617
Nov 19931878,65614.49$2,710
Oct 19936409,20915.85$10,144
Sep 19932986,56215.03$4,479
Aug 199308,70515.66$0
Jul 199318910,07915.46$2,922
Jun 19931899,69016.79$3,173
May 199318211,52417.68$3,218
Apr 1993010,39718.05$0
Mar 199338411,02818.14$6,966
Feb 1993010,28117.90$0
Jan 19931919,82916.93$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.

Dec 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.27 =         $0
Gas                   17 Mcf  × $  2.92 =        $50

────────────────────────────────────────────────────
Month total                                      $50

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/133330 is the state's own key, not one this site invented.