WALLACE UNIT

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) in the BETHANY, EAST (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135728District 06Field 075285002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jan 1993 – Sep 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
381
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 264 leases and 264 wells, and the rule below applies to all of them.

Discovered
1973-06-01
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 2010-12-14.

The Commission's schedule remark for this field reads: DENSITY HAVE BEEN ASSIGNED, CORRELATIVE INTERVAL 8112-9435 FT.

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 Gas111991-02-28123215
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
CondensateDisposition25,129 bbl$874,952
GasProduction642,133 Mcf$1,364,454
Total$2,239,406

247,925 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 32.3258, -94.1259. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32579, -94.12588 · 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
9,742 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 9,742 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-3653227929,742 ftDec 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 (381)

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

381 months

Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
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 201903156.272.46$76
Jun 201905152.782.49$127
May 201904858.482.74$132
Apr 2019011762.632.75$322
Mar 2019017356.803.06$530
Feb 2019017750.852.79$494
Jan 2019017146.033.23$552
Dec 2018018946.594.19$791
Nov 2018018152.934.24$767
Oct 2018013261.443.40$449
Sep 2018020959.543.11$650
Aug 2018017259.403.07$527
Jul 2018018365.142.93$537
Jun 2018013960.183.08$428
May 2018020265.382.90$586
Apr 2018021463.842.90$621
Mar 2018022561.222.79$627
Feb 2018018361.782.77$506
Jan 2018024662.874.01$986
Dec 2017020757.272.92$605
Nov 2017024155.423.12$752
Oct 2017021749.292.98$647
Sep 2017016347.523.09$503
Aug 20171622045.373.00$1,387
Jul 20171827943.873.09$1,651
Jun 2017025442.493.09$784
May 2017032745.373.26$1,067
Apr 2017042347.933.21$1,359
Mar 2017044446.772.98$1,325
Feb 2017043050.452.95$1,270
Jan 2017048349.413.42$1,651
Dec 2016051848.763.72$1,928
Nov 2016039142.492.64$1,034
Oct 2016035946.193.09$1,109
Sep 2016430741.553.10$1,118
Aug 20161229341.442.92$1,354
Jul 20162030041.622.92$1,710
Jun 20164730845.352.69$2,959
May 20168893442.521.99$5,601
Apr 20168060236.561.99$4,123
Mar 20169138733.011.79$3,698
Feb 20168919926.472.06$2,766
Jan 201617418127.352.36$5,187
Dec 20158416732.362.00$3,052
Nov 20157916538.792.17$3,422
Oct 20157816543.552.43$3,797
Sep 20157814942.992.76$3,764
Aug 20157914640.162.87$3,592
Jul 201514611948.152.95$7,380
Jun 20156611756.152.88$4,043
May 20157817155.212.96$4,812
Apr 20157819449.822.71$4,411
Mar 2015323542.892.93$818
Feb 2015421644.662.98$822
Jan 20152021543.433.10$1,535
Dec 20146133554.693.59$4,539
Nov 20146038670.464.25$5,869
Oct 20146035678.303.90$6,087
Sep 201412434086.164.05$12,059
Aug 20146331189.394.04$6,886
Jul 20146435696.564.18$7,668
Jun 20146520298.164.74$7,337
May 201413229094.734.73$13,875
Apr 20146742695.944.81$8,477
Mar 201411754295.895.06$13,960
Feb 20145111597.406.19$5,679
Jan 20146538690.404.86$7,752
Dec 20136231791.824.35$7,073
Nov 20135844088.853.74$6,798
Oct 20132050797.423.78$3,865
Sep 201314383104.113.72$2,881
Aug 201319386104.253.52$3,340
Jul 201314582102.523.72$3,599
Jun 20135341894.403.93$6,647
May 2013752494.834.15$2,838
Apr 20131846493.964.28$3,678
Mar 201311246893.623.91$12,317
Feb 2013039091.233.42$1,334
Jan 20133462991.603.42$5,266
Dec 2012538486.773.42$1,747
Nov 2012671086.953.62$5,862
Oct 2012036389.383.40$1,234
Sep 20122325394.672.92$2,916
Aug 20122121392.662.91$2,565
Jul 201214785.133.02$227
Jun 20122825279.822.52$2,870
May 20121126791.612.49$1,672
Apr 201234117101.652.00$3,690
Mar 201212432105.052.22$2,221
Feb 20122852101.102.57$2,964
Jan 201211855598.092.73$13,092
Dec 20114964796.873.24$6,843
Nov 201117724295.723.31$17,744
Oct 201114442884.983.65$13,799
Sep 2011045183.623.99$1,798
Aug 201132466483.404.15$29,777
Jul 201114949394.144.52$16,254
Jun 2011045692.904.64$2,116
May 201131132798.134.40$31,959
Apr 2011309389105.964.33$34,427
Mar 201127497396.364.06$30,350
Feb 2011081285.644.18$3,394
Jan 201111570786.504.59$13,192
Dec 20103872285.734.35$6,397
Nov 20104667580.843.80$6,280
Oct 20103484378.103.51$5,613
Sep 20103089372.633.98$5,733
Aug 20104670273.684.42$6,492
Jul 20105954972.554.74$6,881
Jun 20107771770.364.91$8,938
May 2010981,37371.124.24$12,785
Apr 20104956781.694.12$6,340
Mar 20104584178.394.39$7,218
Feb 20103642373.585.44$4,951
Jan 20105040674.365.96$6,139
Dec 200910567471.445.48$11,197
Nov 20096590674.593.75$8,247
Oct 200921,00272.544.11$4,264
Sep 2009292265.543.06$2,957
Aug 200901,04667.423.22$3,367
Jul 2009498261.133.46$3,647
Jun 200951,22966.163.90$5,118
May 2009361,12754.743.93$6,395
Apr 2009941,31946.773.59$9,128
Mar 20090042.144.06$0
Feb 2009295232.814.63$1,192
Jan 2009101,03035.865.37$5,891
Dec 2008541,26037.105.98$9,535
Nov 2008411,16055.496.86$10,233
Oct 2008371,21275.246.92$11,173
Sep 2008301,009101.767.88$11,001
Aug 2008281,401114.228.48$15,083
Jul 2008231,433131.0811.39$19,336
Jun 2008121,259131.3313.03$17,984
May 2008551,562123.1711.57$24,853
Apr 2008831,272110.3110.45$22,454
Mar 2008521,246101.909.66$17,340
Feb 2008191,19592.538.77$12,239
Jan 2008281,30390.388.21$13,223
Dec 2007471,04188.337.30$11,753
Nov 2007421,17991.677.29$12,447
Oct 2007541,55582.856.92$15,238
Sep 2007301,40875.846.24$11,067
Aug 2007172,14469.066.39$14,870
Jul 2007121,37670.906.39$9,641
Jun 200731,41962.007.55$10,897
May 20071596358.747.85$8,437
Apr 2007055959.617.81$4,363
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006160056.656.92$9,064
Nov 2006039354.207.62$2,994
Oct 20069845454.906.01$8,110
Sep 20068737660.085.04$7,121
Aug 20064339368.717.34$5,839
Jul 20068341569.376.34$8,390
Jun 20066741666.286.38$7,096
May 2006043766.016.42$2,808
Apr 2006041664.397.36$3,062
Mar 2006042056.707.08$2,975
Feb 2006038357.597.75$2,969
Jan 2006046760.598.93$4,172
Dec 20055848354.9413.42$9,666
Nov 2005043754.6910.59$4,627
Oct 20053652358.3413.80$9,315
Sep 20057338561.4512.08$9,136
Aug 20053645061.519.80$6,623
Jul 2005045655.697.84$3,577
Jun 20053545952.337.38$5,219
May 20052645145.226.65$4,175
Apr 2005740949.207.36$3,355
Mar 2005443450.377.15$3,307
Feb 2005437945.226.31$2,573
Jan 20054938543.166.32$4,549
Dec 20042940639.866.75$3,897
Nov 20047346845.286.33$6,268
Oct 20044546249.706.52$5,246
Sep 2004032043.245.28$1,691
Aug 2004052942.375.55$2,936
Jul 2004072538.286.08$4,411
Jun 2004080336.106.43$5,166
May 2004061837.486.49$4,014
Apr 2004055834.475.86$3,269
Mar 2004081034.365.53$4,479
Feb 2004073632.455.51$4,055
Jan 2004096532.036.30$6,079
Dec 2003086130.266.30$5,426
Nov 2003061428.804.60$2,821
Oct 2003012928.174.76$614
Sep 2003020126.314.75$955
Aug 2003044329.765.13$2,272
Jul 200303,78929.415.17$19,592
Jun 2003015128.565.98$903
May 2003015426.595.97$920
Apr 2003021526.675.41$1,163
Mar 2003012331.146.10$750
Feb 2003514033.487.93$1,277
Jan 2003026430.315.58$1,474
Dec 20021936226.914.85$2,268
Nov 2002082024.664.14$3,392
Oct 200205326.464.23$224
Sep 2002019127.443.64$694
Aug 20024867025.963.16$3,366
Jul 2002035424.583.06$1,084
Jun 2002048723.733.34$1,626
May 2002818624.663.58$2,306
Apr 2002034023.653.51$1,194
Mar 20021717822.003.10$4,004
Feb 20028977718.222.38$3,467
Jan 2002073217.172.38$1,739
Dec 2001077616.932.36$1,835
Nov 200101,21418.072.41$2,920
Oct 2001911,18319.782.53$4,792
Sep 20011151,83624.262.25$6,923
Aug 20011222,07824.873.05$9,379
Jul 20011151,26123.933.20$6,783
Jun 200101,77824.563.82$6,799
May 20012331,28225.524.31$11,468
Apr 20011181,24824.685.34$9,571
Mar 20011101,09424.545.38$8,581
Feb 20019595627.755.77$8,150
Jan 20015695327.478.40$9,542
Dec 2000571,65826.889.12$16,657
Nov 20001091,39432.215.66$11,398
Oct 20005382831.235.15$5,916
Sep 2000564,82631.875.19$26,815
Aug 2000553,61329.644.54$18,036
Jul 20001143,84428.534.09$18,973
Jun 200003,05729.304.40$13,442
May 20001424,30527.263.68$19,712
Apr 20002352,93524.513.12$14,905
Mar 2000805,80628.422.86$18,877
Feb 20002124,95627.622.73$19,368
Jan 2000574,64925.272.48$12,972
Dec 19991124,29624.282.42$13,132
Nov 19991114,92723.192.43$14,566
Oct 19991133,69120.982.80$12,719
Sep 19991212,92821.752.62$10,300
Aug 1999834,18519.262.88$13,633
Jul 19991664,68417.892.37$14,082
Jun 1999134,05615.942.36$9,788
May 1999264,10015.792.32$9,927
Apr 19991713,20315.102.21$9,654
Mar 19992172,99512.471.84$8,212
Feb 19991102,9119.981.82$6,389
Jan 19994444,01710.381.90$12,241
Dec 19983233,8379.201.77$9,776
Nov 19982035,52210.892.19$14,280
Oct 19982895,63812.421.97$14,692
Sep 19981945,91112.592.08$14,753
Aug 19984587,18611.301.91$18,882
Jul 19985686,87211.742.24$22,043
Jun 19987226,12111.242.24$21,810
May 19988037,43212.622.21$26,531
Apr 19981537,68213.042.51$21,241
Mar 19981327,69312.802.31$19,456
Feb 19981356,12713.952.30$15,970
Jan 19982887,31814.702.15$20,002
Dec 19971557,48516.322.41$20,577
Nov 19972997,98618.193.09$30,102
Oct 19971668,94319.253.15$31,364
Sep 19971498,17517.742.95$26,799
Aug 19971498,25317.862.55$23,745
Jul 19971597,40717.582.25$19,438
Jun 19971498,93617.242.26$22,739
May 19973149,72118.972.31$28,398
Apr 199709,67817.882.08$20,157
Mar 19974629,70818.951.94$27,580
Feb 19971639,26220.492.21$23,771
Jan 19972859,92523.483.54$41,823
Dec 199631411,40623.32$7,322
Nov 199615110,86121.97$3,317
Oct 199630211,97423.31$7,040
Sep 199627912,17122.22$6,199
Aug 19963658,66020.26$7,395
Jul 199625,80319.55$39
Jun 199631,67318.73$56
May 199601,82819.43$0
Apr 199602,64221.51$0
Mar 199601,90819.38$0
Feb 1996972,49216.98$1,647
Jan 1996551,94017.07$939
Dec 1995681,19917.19$1,169
Nov 1995781,71016.00$1,248
Oct 199511,76515.43$15
Sep 19951102,06516.18$1,780
Aug 199503,69415.92$0
Jul 199513,38115.24$15
Jun 19952493,21716.41$4,086
May 199502,07817.56$0
Apr 19951173,07617.73$2,074
Mar 199522,80616.44$33
Feb 19951182,04816.58$1,956
Jan 19951302,06115.92$2,070
Dec 199404,89015.03$0
Nov 199402,56615.90$0
Oct 199404,05815.58$0
Sep 19941335,77415.29$2,034
Aug 199404,94416.13$0
Jul 199416,02317.56$18
Jun 19942556,27817.09$4,358
May 19941304,39615.88$2,064
Apr 19941445,88614.14$2,036
Mar 19942649,43012.46$3,289
Feb 199406,24112.50$0
Jan 19942695,65312.66$3,406
Dec 19931525,46612.33$1,874
Nov 19933026,75714.49$4,376
Oct 19932646,75515.85$4,184
Sep 19931285,72715.03$1,924
Aug 19932565,92415.66$4,009
Jul 19932615,20715.46$4,035
Jun 19932656,53016.79$4,449
May 19931298,24017.68$2,281
Apr 19932656,93718.05$4,783
Mar 19932687,19718.14$4,862
Feb 19932676,94217.90$4,779
Jan 19932647,64616.93$4,470

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.27 =         $0
Gas                   31 Mcf  × $  2.46 =        $76

────────────────────────────────────────────────────
Month total                                      $76

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/135728 is the state's own key, not one this site invented.