PAGE, L.E.

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 142168District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Jan 1993 – Jun 2020
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
330
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 Gas221993-04-17 – 1995-02-032 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
CondensateDisposition16,543 bbl$646,305
GasProduction964,015 Mcf$2,933,186
Total$3,579,491

297,131 Mcf of this lease's gas, across 47 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 32.0747, -94.4266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07474, -94.42655 · 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
Mar 2020
1 of 1 wells

1 well

42-3653254549,650 ftMar 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 (330)

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

330 months

Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202042930.341.86$175
Feb 202087849.881.98$554
Jan 20201210557.252.09$907
Dec 201998959.012.30$736
Nov 2019108655.302.75$790
Oct 2019109753.472.42$769
Sep 201988455.052.66$664
Aug 2019108853.112.30$734
Jul 2019129656.272.46$911
Jun 201955452.782.49$398
May 201954458.482.74$413
Apr 201977562.632.75$645
Mar 2019319556.803.06$768
Feb 2019015750.852.79$438
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201801952.934.24$81
Oct 201801861.443.40$61
Sep 20180059.543.11$0
Aug 201801159.403.07$34
Jul 201802065.142.93$59
Jun 201801460.183.08$43
May 20180065.382.90$0
Apr 201801463.842.90$41
Mar 201813661.222.79$162
Feb 201814861.782.77$195
Jan 201814562.874.01$243
Dec 201725757.272.92$281
Nov 201705355.423.12$165
Oct 201705449.292.98$161
Sep 201736647.523.09$346
Aug 201704845.373.00$144
Jul 201743843.873.09$293
Jun 201793742.493.09$497
May 2017135545.373.26$769
Apr 201794947.933.21$589
Mar 2017155746.772.98$872
Feb 2017146450.452.95$895
Jan 20171310049.413.42$984
Dec 20161314948.763.72$1,189
Nov 20161321742.492.64$1,126
Oct 20161130046.193.09$1,435
Sep 2016932941.553.10$1,394
Aug 2016046341.442.92$1,354
Jul 2016138541.622.92$1,167
Jun 2016351545.352.69$1,519
May 2016480042.521.99$1,763
Apr 2016249936.561.99$1,067
Mar 201671,53433.011.79$2,983
Feb 2016478326.472.06$1,722
Jan 201681,93227.352.36$4,787
Dec 201581,93032.362.00$4,122
Nov 201551,14438.792.17$2,673
Oct 201572,01943.552.43$5,204
Sep 201561,63642.992.76$4,771
Aug 201551,27340.162.87$3,857
Jul 201582,04248.152.95$6,399
Jun 2015254656.152.88$1,686
May 2015112,58955.212.96$8,259
Apr 2015112,37249.822.71$6,968
Mar 201581,54642.892.93$4,880
Feb 2015352,38344.662.98$8,655
Jan 2015161,35543.433.10$4,896
Dec 2014242,32354.693.59$9,655
Nov 2014211,96570.464.25$9,835
Oct 2014252,77078.303.90$12,763
Sep 2014242,81586.164.05$13,456
Aug 2014141,71289.394.04$8,160
Jul 2014262,61796.564.18$13,449
Jun 2014262,27398.164.74$13,319
May 2014413,01694.734.73$18,139
Apr 2014442,60195.944.81$16,730
Mar 2014432,89795.895.06$18,773
Feb 2014231,45097.406.19$11,219
Jan 2014191,45090.404.86$8,766
Dec 2013312,40691.824.35$13,323
Nov 20131696288.853.74$5,018
Oct 2013181,31197.423.78$6,708
Sep 2013161,159104.113.72$5,975
Aug 2013161,178104.253.52$5,818
Jul 20136484102.523.72$2,415
Jun 2013201,81494.403.93$9,023
May 2013252,57494.834.15$13,050
Apr 2013161,68093.964.28$8,698
Mar 2013131,10693.623.91$5,545
Feb 2013161,34191.233.42$6,046
Jan 2013141,26991.603.42$5,622
Dec 2012181,39086.773.42$6,316
Nov 2012151,13086.953.62$5,400
Oct 2012271,75989.383.40$8,393
Sep 2012751,64294.672.92$11,892
Aug 2012992,37592.662.91$16,080
Jul 2012771,88485.133.02$12,246
Jun 2012871,84079.822.52$11,579
May 20121212,36391.612.49$16,965
Apr 20121342,346101.652.00$18,306
Mar 2012371,313105.052.22$6,804
Feb 2012381,464101.102.57$7,605
Jan 20122495798.092.73$4,971
Dec 2011291,20896.873.24$6,723
Nov 2011261,16495.723.31$6,343
Oct 2011331,67384.983.65$8,908
Sep 2011311,62083.623.99$9,049
Aug 2011301,65283.404.15$9,357
Jul 2011261,31294.144.52$8,374
Jun 2011331,56392.904.64$10,318
May 2011411,79198.134.40$11,912
Apr 201100105.964.33$0
Mar 2011201,86996.364.06$9,510
Feb 2011201,78285.644.18$9,162
Jan 2011171,84486.504.59$9,932
Dec 2010323,13285.734.35$16,361
Nov 2010232,44280.843.80$11,128
Oct 2010273,17778.103.51$13,256
Sep 2010403,19772.633.98$15,628
Aug 2010493,25573.684.42$17,995
Jul 2010513,37472.554.74$19,681
Jun 2010684,29470.364.91$25,870
May 2010995,17071.124.24$28,937
Apr 2010291,45581.694.12$8,368
Mar 2010381,61278.394.39$10,053
Feb 2010361,30273.585.44$9,735
Jan 2010471,89974.365.96$14,821
Dec 2009662,50271.445.48$18,435
Nov 2009532,40274.593.75$12,964
Oct 2009542,50972.544.11$14,230
Sep 2009894,07865.543.06$18,331
Aug 2009451,81467.423.22$8,872
Jul 2009351,39961.133.46$6,986
Jun 2009371,36966.163.90$7,780
May 2009401,51254.743.93$8,125
Apr 2009441,50646.773.59$7,461
Mar 2009581,72842.144.06$9,458
Feb 20094897632.814.63$6,097
Jan 2009581,83935.865.37$11,957
Dec 2008762,41437.105.98$17,248
Nov 2008722,45155.496.86$20,810
Oct 2008452,50175.246.92$20,698
Sep 200801,418101.767.88$11,170
Aug 20080494114.228.48$4,191
Jul 2008561,541131.0811.39$24,892
Jun 2008751,978131.3313.03$35,628
May 2008862,211123.1711.57$36,183
Apr 20081072,303110.3110.45$35,881
Mar 20082892,520101.909.66$53,803
Feb 20082772,04992.538.77$43,602
Jan 20081931,73390.388.21$31,664
Dec 20072161,98688.337.30$33,581
Nov 20072682,59791.677.29$43,504
Oct 200702,76082.856.92$19,105
Sep 200702,57975.846.24$16,104
Aug 200702,49769.066.39$15,951
Jul 200702,56370.906.39$16,372
Jun 2007073462.007.55$5,541
May 200701,71558.747.85$13,456
Apr 200702,26259.617.81$17,655
Mar 200702,26056.927.30$16,502
Feb 200702,79855.108.22$22,988
Jan 200702,49950.306.73$16,810
Dec 200602,06656.656.92$14,294
Nov 200601,68754.207.62$12,851
Oct 200601,91054.906.01$11,486
Sep 200601,78860.085.04$9,007
Aug 200602,01468.717.34$14,783
Jul 200601,17169.376.34$7,427
Jun 200601,12666.286.38$7,188
May 200602,23866.016.42$14,379
Apr 200602,07264.397.36$15,251
Mar 200671,92956.707.08$14,060
Feb 2006171,30457.597.75$11,086
Jan 2006262,36760.598.93$22,721
Dec 2005181,97854.9413.42$27,525
Nov 2005152,76454.6910.59$30,087
Oct 200581,57858.3413.80$22,236
Sep 200581,56561.4512.08$19,395
Aug 2005122,26561.519.80$22,928
Jul 2005122,31255.697.84$18,803
Jun 2005142,30252.337.38$17,724
May 2005262,79545.226.65$19,766
Apr 2005222,69449.207.36$20,912
Mar 2005252,70950.377.15$20,642
Feb 2005242,37845.226.31$16,095
Jan 2005232,48743.166.32$16,716
Dec 2004242,71339.866.75$19,272
Nov 200492,63145.286.33$17,063
Oct 200461,86649.706.52$12,455
Sep 200471,93243.245.28$10,511
Aug 2004102,98542.375.55$16,992
Jul 200461,88838.286.08$11,717
Jun 200482,09136.106.43$13,740
May 2004122,94637.486.49$19,583
Apr 2004122,90034.475.86$17,403
Mar 2004133,02234.365.53$17,159
Feb 2004143,03832.455.51$17,193
Jan 2004142,73732.036.30$17,691
Dec 200391,74330.266.30$11,256
Nov 2003182,47228.804.60$11,878
Oct 2003482,67628.174.76$14,089
Sep 2003742,95126.314.75$15,962
Aug 2003573,09729.765.13$17,583
Jul 2003853,17329.415.17$18,907
Jun 2003692,76428.565.98$18,508
May 2003933,16826.595.97$21,394
Apr 2003752,89126.675.41$17,633
Mar 20031023,31631.146.10$23,391
Feb 20031061,42533.487.93$14,843
Jan 20031002,36130.315.58$16,210
Dec 2002952,91026.914.85$16,681
Nov 200205,31524.664.14$21,988
Oct 200204,42026.464.23$18,693
Sep 200204,57327.443.64$16,624
Aug 200203,23325.963.16$10,230
Jul 200254,14324.583.06$12,808
Jun 2002243,41323.733.34$11,963
May 2002295,15024.663.58$19,173
Apr 20021842,81323.653.51$14,232
Mar 2002514,12922.003.10$13,933
Feb 2002374,77218.222.38$12,011
Jan 2002635,78417.172.38$14,823
Dec 2001745,50516.932.36$14,269
Nov 2001734,89418.072.41$13,092
Oct 2001605,13019.782.53$14,160
Sep 2001394,07224.262.25$10,114
Aug 2001393,49424.873.05$11,638
Jul 2001135,39123.933.20$17,547
Jun 200143,54124.563.82$13,640
May 2001103,73425.524.31$16,339
Apr 2001195,96824.685.34$32,310
Mar 200156,64224.545.38$35,833
Feb 2001636,38827.755.77$38,588
Jan 2001856,95227.478.40$60,723
Dec 2000827,19526.889.12$67,841
Nov 2000736,70732.215.66$40,300
Oct 2000786,92131.235.15$38,048
Sep 2000626,92431.875.19$37,887
Aug 20001186,64629.644.54$33,675
Jul 20001196,74328.534.09$30,972
Jun 20001075,34429.304.40$26,634
May 20001035,02327.263.68$21,291
Apr 20001025,56624.513.12$19,844
Mar 2000834,31228.422.86$14,690
Feb 20001585,15927.622.73$18,430
Jan 20001927,79125.272.48$24,177
Dec 19991888,07924.282.42$24,146
Nov 19991798,30623.192.43$24,368
Oct 19991598,86820.982.80$28,199
Sep 19991478,42121.752.62$25,251
Aug 19991509,26819.262.88$29,540
Jul 19991398,47517.892.37$22,593
Jun 19991507,82115.942.36$20,865
May 19991096,80315.792.32$17,511
Apr 19991236,91615.102.21$17,128
Mar 19991286,95112.471.84$14,374
Feb 19991356,2799.981.82$12,761
Jan 1999115,90610.381.90$11,335
Dec 1998115,7319.201.77$10,264
Nov 199842,84110.892.19$6,253
Oct 1998163212.421.97$1,257
Sep 199821,09812.592.08$2,312
Aug 1998111,19611.301.91$2,405
Jul 1998151,79711.742.24$4,196
Jun 199831,52811.242.24$3,452
May 199831,23412.622.21$2,760
Apr 199883,56313.042.51$9,031
Mar 199852,35512.802.31$5,503
Feb 199852,14913.952.30$5,011
Jan 199852,17214.702.15$4,754
Dec 199752,04016.322.41$5,000
Nov 199761,64218.193.09$5,180
Oct 199762,14019.253.15$6,856
Sep 199783,38917.742.95$10,156
Aug 199741,77417.862.55$4,604
Jul 199751,97817.582.25$4,532
Jun 19971676017.242.26$1,991
May 1997352,20418.972.31$5,752
Apr 1997522,53717.882.08$6,214
Mar 1997542,79318.951.94$6,439
Feb 1997622,62820.492.21$7,067
Jan 1997482,78723.483.54$10,992
Dec 1996452,89823.32$1,049
Nov 1996422,43821.97$923
Oct 1996372,98923.31$862
Sep 1996353,15122.22$778
Aug 1996612,78120.26$1,236
Jul 1996513,46919.55$997
Jun 1996393,11418.73$730
May 1996794,14919.43$1,535
Apr 19961093,16421.51$2,345
Mar 1996684,75719.38$1,318
Feb 1996823,49916.98$1,392
Jan 19961214,06417.07$2,065
Dec 1995933,62517.19$1,599
Nov 19951364,12116.00$2,176
Oct 19951184,84115.43$1,821
Sep 19951588,66816.18$2,556
Aug 19952204,39615.92$3,502
Jul 1995443,82515.24$671
Jun 19951274,73516.41$2,084
May 1995995,52717.56$1,738
Apr 1995974,48017.73$1,720
Mar 19951004,48716.44$1,644
Feb 19951234,77316.58$2,039
Jan 19951805,08515.92$2,866
Dec 1994745,33615.03$1,112
Nov 19941255,48315.90$1,988
Oct 19941266,12115.58$1,963
Sep 1994916,01915.29$1,391
Aug 1994864,68916.13$1,387
Jul 1994796,43717.56$1,387
Jun 19941566,55717.09$2,666
May 19941976,85415.88$3,128
Apr 19941266,98514.14$1,782
Mar 19941716,70512.46$2,131
Feb 19941226,37412.50$1,525
Jan 19942167,45512.66$2,735
Dec 19931938,12012.33$2,380
Nov 19931517,80414.49$2,188
Oct 19931798,92415.85$2,837
Sep 199314810,57215.03$2,224
Aug 199319010,76915.66$2,975
Jul 199316510,42515.46$2,551
Jun 199323110,92516.79$3,878
May 199335912,82717.68$6,347
Apr 199330215,13418.05$5,451
Mar 199341517,59418.14$7,528
Feb 199329,98617.90$36
Jan 19930016.93$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.

Mar 2020 — as filed, then multipliedworked
Condensate             4 bbl  × $ 30.34 =       $121
Gas                   29 Mcf  × $  1.86 =        $54

────────────────────────────────────────────────────
Month total                                     $175

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/142168 is the state's own key, not one this site invented.