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 140324District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jan 1993 – Apr 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
376
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 Gas111992-06-05125358
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
CondensateDisposition21,480 bbl$706,585
GasProduction1,295,788 Mcf$4,574,011
Total$5,280,596

391,007 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 32.0822, -94.3766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08220, -94.37665 · 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
9,650 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 9,650 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-3653254959,650 ftSep 2014Yes

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 (376)

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

376 months

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 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 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201401,50389.394.04$6,065
Jul 2014974796.564.18$3,991
Jun 20141376998.164.74$4,919
May 20141677994.734.73$5,198
Apr 20142574195.944.81$5,962
Mar 20142177295.895.06$5,918
Feb 20141970197.406.19$6,191
Jan 20142689690.404.86$6,706
Dec 20132793891.824.35$6,564
Nov 20132174988.853.74$4,666
Oct 20132283597.423.78$5,299
Sep 201321885104.113.72$5,477
Aug 201320793104.253.52$4,878
Jul 201326932102.523.72$6,130
Jun 20132178894.403.93$5,082
May 20132798694.834.15$6,651
Apr 2013997693.964.28$5,025
Mar 201301,05093.623.91$4,109
Feb 201301,00091.233.42$3,420
Jan 201301,12491.603.42$3,844
Dec 201201,17986.773.42$4,032
Nov 201201,40886.953.62$5,104
Oct 2012020189.383.40$683
Sep 201201,01294.672.92$2,953
Aug 201201,00092.662.91$2,908
Jul 2012091885.133.02$2,773
Jun 2012255679.822.52$1,560
May 2012112291.612.49$395
Apr 2012102,422101.652.00$5,853
Mar 2012102,340105.052.22$6,250
Feb 2012112,620101.102.57$7,846
Jan 2012122,88098.092.73$9,051
Dec 2011122,78096.873.24$10,169
Nov 2011112,78795.723.31$10,281
Oct 201192,70984.983.65$10,649
Sep 201192,64583.623.99$11,295
Aug 201192,85183.404.15$12,580
Jul 201192,61394.144.52$12,651
Jun 2011123,25892.904.64$16,232
May 2011123,25498.134.40$15,511
Apr 201100105.964.33$0
Mar 201192,84896.364.06$12,423
Feb 201182,43285.644.18$10,851
Jan 201182,89386.504.59$13,967
Dec 201092,96285.734.35$13,650
Nov 201093,16080.843.80$12,721
Oct 201083,09878.103.51$11,495
Sep 2010273,01672.633.98$13,963
Aug 2010383,30973.684.42$17,424
Jul 2010342,83772.554.74$15,904
Jun 2010362,88970.364.91$16,719
May 2010452,94071.124.24$15,652
Apr 2010523,20581.694.12$17,461
Mar 2010753,27278.394.39$20,239
Feb 2010702,91973.585.44$21,037
Jan 2010703,26274.365.96$24,660
Dec 2009793,40271.445.48$24,299
Nov 2009633,27974.593.75$17,000
Oct 2009653,47472.544.11$18,994
Sep 2009463,60165.543.06$14,051
Aug 2009463,53067.423.22$14,463
Jul 2009483,63961.133.46$15,542
Jun 2009604,21766.163.90$20,395
May 2009543,92054.743.93$18,345
Apr 2009694,17946.773.59$18,219
Mar 2009914,60742.144.06$22,535
Feb 2009321,39032.814.63$7,490
Jan 2009764,04735.865.37$24,462
Dec 2008703,76037.105.98$25,071
Nov 2008754,06955.496.86$32,077
Oct 2008724,03975.246.92$33,375
Sep 2008623,712101.767.88$35,549
Aug 2008442,826114.228.48$28,999
Jul 2008543,496131.0811.39$46,896
Jun 2008553,444131.3313.03$52,108
May 2008623,771123.1711.57$51,283
Apr 2008683,630110.3110.45$45,452
Mar 2008583,891101.909.66$43,513
Feb 2008583,88792.538.77$39,458
Jan 2008553,94090.388.21$37,301
Dec 2007654,02088.337.30$35,095
Nov 2007814,37991.677.29$39,356
Oct 2007894,02482.856.92$35,228
Sep 2007854,43175.846.24$34,114
Aug 2007955,20269.066.39$39,791
Jul 2007885,24070.906.39$39,712
Jun 2007714,35862.007.55$37,298
May 2007674,02258.747.85$35,493
Apr 2007524,04959.617.81$34,703
Mar 2007804,22256.927.30$35,383
Feb 2007734,02555.108.22$37,092
Jan 2007784,39550.306.73$33,488
Dec 2006764,43556.656.92$34,989
Nov 2006664,30254.207.62$36,348
Oct 2006634,73854.906.01$31,952
Sep 2006354,47760.085.04$24,654
Aug 2006364,73368.717.34$37,213
Jul 2006334,72169.376.34$32,233
Jun 2006344,72366.286.38$32,405
May 2006415,09366.016.42$35,429
Apr 2006214,92364.397.36$37,588
Mar 2006255,42356.707.08$39,828
Feb 2006224,85357.597.75$38,883
Jan 2006184,89160.598.93$44,783
Dec 2005195,32354.9413.42$72,454
Nov 2005775,25054.6910.59$59,800
Oct 2005796,09158.3413.80$88,639
Sep 2005745,15561.4512.08$66,815
Aug 2005765,53661.519.80$58,910
Jul 2005825,59255.697.84$48,428
Jun 2005785,42452.337.38$44,117
May 200585,81645.226.65$39,045
Apr 200565,52649.207.36$40,969
Mar 200575,58850.377.15$40,334
Feb 200575,10545.226.31$32,539
Jan 200585,98443.166.32$38,177
Dec 200486,14439.866.75$41,798
Nov 200475,99645.286.33$38,274
Oct 200466,20149.706.52$40,698
Sep 200454,39943.245.28$23,460
Aug 200444,18142.375.55$23,377
Jul 200454,36038.286.08$26,718
Jun 200454,16536.106.43$26,974
May 2004674,96637.486.49$34,763
Apr 2004705,06734.475.86$32,098
Mar 2004825,27134.365.53$31,967
Feb 2004472,78332.455.51$16,858
Jan 2004704,26232.036.30$29,091
Dec 2003794,00030.266.30$27,597
Nov 20031724,37828.804.60$25,071
Oct 20031655,22228.174.76$29,503
Sep 20032445,48726.314.75$32,479
Aug 20031896,72129.765.13$40,101
Jul 20032827,65729.415.17$47,887
Jun 20031604,66828.565.98$32,498
May 20031984,89426.595.97$34,495
Apr 20031464,97926.675.41$30,817
Mar 20032735,97931.146.10$44,949
Feb 20031843,87633.487.93$36,881
Jan 20031554,15630.315.58$27,897
Dec 20021895,36926.914.85$31,146
Nov 20021855,79424.664.14$28,532
Oct 20022356,36026.464.23$33,115
Sep 2002906,26227.443.64$25,233
Aug 2002346,89225.963.16$22,690
Jul 2002766,33324.583.06$21,258
Jun 20021716,63923.733.34$26,220
May 20021367,00024.663.58$28,442
Apr 200266,61623.653.51$23,379
Mar 20022046,78622.003.10$25,543
Feb 20021747,96118.222.38$22,083
Jan 20022467,98917.172.38$23,203
Dec 20012678,63216.932.36$24,930
Nov 20012428,29518.072.41$24,327
Oct 200139,80519.782.53$24,855
Sep 200129,55124.262.25$21,551
Aug 200135410,78424.873.05$41,729
Jul 200198512,79323.933.20$64,471
Jun 200179314,58424.563.82$75,248
May 200153417,94925.524.31$90,940
Apr 200143513,13724.685.34$80,826
Mar 200188114,78124.545.38$101,089
Feb 20011,01617,54127.755.77$129,354
Jan 20011,00220,36127.478.40$198,532
Dec 2000393,39026.889.12$31,974
Nov 2000492,78732.215.66$17,347
Oct 2000528,33531.235.15$44,512
Sep 2000857,11831.875.19$39,626
Aug 2000254,25829.644.54$20,076
Jul 2000294,22528.534.09$18,107
Jun 2000433,09229.304.40$14,856
May 2000342,34727.263.68$9,563
Apr 2000252,04724.513.12$6,991
Mar 2000392,96728.422.86$9,593
Feb 2000542,97827.622.73$9,611
Jan 2000613,58525.272.48$10,434
Dec 1999412,58424.282.42$7,258
Nov 1999503,42123.192.43$9,486
Oct 1999393,20920.982.80$9,815
Sep 1999443,69321.752.62$10,628
Aug 1999454,10419.262.88$12,668
Jul 1999554,91417.892.37$12,642
Jun 1999614,70315.942.36$12,081
May 1999262,41115.792.32$6,007
Apr 1999362,97815.102.21$7,119
Mar 1999514,05212.471.84$8,085
Feb 1999172,2399.981.82$4,240
Jan 1999314,09210.381.90$8,096
Dec 1998334,2629.201.77$7,861
Nov 1998213,60010.892.19$8,097
Oct 1998203,37612.421.97$6,896
Sep 1998193,66512.592.08$7,872
Aug 1998243,87311.301.91$7,658
Jul 1998244,33411.742.24$9,978
Jun 1998243,55211.242.24$8,217
May 1998324,70712.622.21$10,789
Apr 1998284,07013.042.51$10,562
Mar 1998293,88312.802.31$9,339
Feb 1998303,75613.952.30$9,054
Jan 1998293,77914.702.15$8,569
Dec 1997262,26916.322.41$5,895
Nov 19971102,88718.193.09$10,917
Oct 199703,52019.253.15$11,087
Sep 19971494,43317.742.95$15,742
Aug 199703,69817.862.55$9,447
Jul 199702,97717.582.25$6,689
Jun 199703,53217.242.26$7,972
May 19971473,90318.972.31$11,799
Apr 199703,85117.882.08$8,021
Mar 199703,81718.951.94$7,402
Feb 199704,29620.492.21$9,477
Jan 19971654,80623.483.54$20,886
Dec 199605,20023.32$0
Nov 199635,03021.97$66
Oct 19961585,78223.31$3,683
Sep 199604,61922.22$0
Aug 19961545,51220.26$3,120
Jul 199605,39319.55$0
Jun 199605,24718.73$0
May 19961515,25019.43$2,934
Apr 199605,49921.51$0
Mar 19961555,48519.38$3,004
Feb 199635,50216.98$51
Jan 19961614,63917.07$2,748
Dec 199546,22817.19$69
Nov 199505,47016.00$0
Oct 19951616,34815.43$2,484
Sep 199525,76516.18$32
Aug 199525,23715.92$32
Jul 19951526,08215.24$2,316
Jun 199537,20416.41$49
May 19951577,27717.56$2,757
Apr 199516,33217.73$18
Mar 19951617,25316.44$2,647
Feb 199516,73016.58$17
Jan 19951637,76715.92$2,595
Dec 199417,68415.03$15
Nov 19941637,20715.90$2,592
Oct 19941558,06915.58$2,415
Sep 199418,30515.29$15
Aug 19941528,48916.13$2,452
Jul 199419,03017.56$18
Jun 19941608,10017.09$2,734
May 19941648,59815.88$2,604
Apr 199419,14414.14$14
Mar 19941739,40612.46$2,156
Feb 19941658,60412.50$2,063
Jan 1994210,19512.66$25
Dec 199316510,62012.33$2,034
Nov 19931619,52314.49$2,333
Oct 1993110,86015.85$16
Sep 199316512,15715.03$2,480
Aug 199315712,64615.66$2,459
Jul 199315512,17015.46$2,396
Jun 199315612,23616.79$2,619
May 1993013,06917.68$0
Apr 199315712,70718.05$2,834
Mar 199315613,09118.14$2,830
Feb 199316613,10117.90$2,971
Jan 199316015,14516.93$2,709

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.

Aug 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.39 =         $0
Gas                1,503 Mcf  × $  4.04 =     $6,065

────────────────────────────────────────────────────
Month total                                   $6,065

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/140324 is the state's own key, not one this site invented.