COLLINS 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 149040District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Feb 1994 – Apr 2022
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
339
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 Gas111994-05-16130049
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
CondensateDisposition25,998 bbl$653,256
GasProduction1,783,143 Mcf$4,298,525
Total$4,951,781

761,494 Mcf of this lease's gas, across 35 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 32.2025, -94.3033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20254, -94.30334 · 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
Apr 2022
1 of 1 wells

1 well

42-3653278289,650 ftApr 2022Yes

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 (339)

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

339 months

Apr 2022010,058104.226.84$68,773
Mar 20220441108.885.08$2,239
Feb 2022040791.054.86$1,978
Jan 2022045481.844.54$2,060
Dec 2021045771.323.90$1,782
Nov 2021044077.435.24$2,304
Oct 2021044579.795.71$2,543
Sep 2021043269.865.35$2,312
Aug 2021044966.024.22$1,895
Jul 2021046470.783.98$1,848
Jun 2021042269.493.38$1,427
May 2021047763.483.02$1,439
Apr 2021048360.362.76$1,332
Mar 2021051361.302.72$1,394
Feb 2021045857.805.55$2,541
Jan 2021050150.412.81$1,408
Dec 2020052744.642.68$1,410
Nov 2020051838.772.71$1,402
Oct 2020053036.972.48$1,314
Sep 2020049737.091.99$990
Aug 2020035139.982.39$837
Jul 2020049138.371.83$896
Jun 2020052434.901.69$886
May 2020054816.921.81$994
Apr 2020053314.751.80$962
Mar 2020055230.341.86$1,025
Feb 2020053249.881.98$1,054
Jan 2020056557.252.09$1,184
Dec 2019051259.012.30$1,180
Nov 2019052855.302.75$1,452
Oct 2019053253.472.42$1,287
Sep 2019054155.052.66$1,438
Aug 2019153153.112.30$1,277
Jul 2019154856.272.46$1,404
Jun 2019153952.782.49$1,396
May 2019256458.482.74$1,663
Apr 2019153662.632.75$1,537
Mar 2019155556.803.06$1,756
Feb 2019149150.852.79$1,422
Jan 2019254546.033.23$1,851
Dec 2018253846.594.19$2,345
Nov 2018257352.934.24$2,534
Oct 2018262061.443.40$2,230
Sep 2018274359.543.11$2,428
Aug 201801,12159.403.07$3,438
Jul 201801,20965.142.93$3,545
Jun 201801,10060.183.08$3,385
May 2018063565.382.90$1,842
Apr 2018060463.842.90$1,752
Mar 2018064461.222.79$1,795
Feb 2018056761.782.77$1,568
Jan 2018063162.874.01$2,530
Dec 2017061757.272.92$1,803
Nov 2017063655.423.12$1,983
Oct 2017064249.292.98$1,916
Sep 2017063147.523.09$1,948
Aug 2017066845.373.00$2,007
Jul 2017067543.873.09$2,084
Jun 2017063742.493.09$1,967
May 2017066745.373.26$2,177
Apr 2017065147.933.21$2,091
Mar 2017070146.772.98$2,092
Feb 2017063850.452.95$1,884
Jan 2017065949.413.42$2,253
Dec 2016065448.763.72$2,435
Nov 20160042.492.64$0
Oct 2016067346.193.09$2,080
Sep 2016066141.553.10$2,050
Aug 2016058041.442.92$1,696
Jul 2016057741.622.92$1,687
Jun 2016267545.352.69$1,904
May 20162271242.521.99$2,353
Apr 20162073836.561.99$2,201
Mar 20162179433.011.79$2,118
Feb 20162977126.472.06$2,359
Jan 20163382227.352.36$2,846
Dec 20152884532.362.00$2,597
Nov 20153783338.792.17$3,241
Oct 20152973443.552.43$3,044
Sep 20152067742.992.76$2,727
Aug 20152091440.162.87$3,429
Jul 2015202,57548.152.95$8,547
Jun 2015152,90856.152.88$9,226
May 2015171,67255.212.96$5,880
Apr 2015141,31949.822.71$4,267
Mar 201501,81642.892.93$5,329
Feb 201501,74244.662.98$5,185
Jan 201501,58243.433.10$4,905
Dec 201404,58354.693.59$16,459
Nov 201402,81270.464.25$11,956
Oct 201401,55978.303.90$6,082
Sep 201401,62086.164.05$6,554
Aug 201401,72189.394.04$6,944
Jul 201481,34996.564.18$6,411
Jun 2014531,06698.164.74$10,252
May 2014562,20194.734.73$15,708
Apr 2014664,31495.944.81$27,079
Mar 2014675,00195.895.06$31,714
Feb 2014671,25697.406.19$14,303
Jan 2014772,04190.404.86$16,882
Dec 2013831,01991.824.35$12,058
Nov 2013873,56988.853.74$21,072
Oct 2013992,16397.423.78$17,819
Sep 2013652,189104.113.72$14,905
Aug 2013652,212104.253.52$14,568
Jul 2013712,607102.523.72$16,971
Jun 2013472,25094.403.93$13,287
May 2013371,97394.834.15$11,695
Apr 2013511,77593.964.28$12,394
Mar 2013821,52593.623.91$13,644
Feb 20131151,25691.233.42$14,787
Jan 20131011,76791.603.42$15,295
Dec 20121061,91686.773.42$15,751
Nov 20121012,21086.953.62$16,793
Oct 2012222,30189.383.40$9,789
Sep 201251,88194.672.92$5,963
Aug 201242,07492.662.91$6,402
Jul 201252,26785.133.02$7,274
Jun 201261,88879.822.52$5,235
May 201261,81291.612.49$5,059
Apr 201242,026101.652.00$4,452
Mar 201201,430105.052.22$3,178
Feb 201201,578101.102.57$4,056
Jan 201201,56698.092.73$4,282
Dec 201101,94496.873.24$6,298
Nov 201102,28695.723.31$7,570
Oct 201172,49984.983.65$9,713
Sep 2011402,39283.623.99$12,879
Aug 2011252,67683.404.15$13,189
Jul 2011282,92594.144.52$15,849
Jun 2011363,63492.904.64$20,206
May 2011532,20598.134.40$14,914
Apr 20115683105.964.33$3,489
Mar 20113971696.364.06$6,663
Feb 2011366385.644.18$3,028
Jan 2011375086.504.59$3,701
Dec 2010476085.734.35$3,647
Nov 2010475580.843.80$3,189
Oct 2010482978.103.51$3,221
Sep 2010497772.633.98$4,178
Aug 201041,02773.684.42$4,833
Jul 201031,15872.554.74$5,703
Jun 201051,20970.364.91$6,288
May 2010994371.124.24$4,634
Apr 2010131,26681.694.12$6,281
Mar 2010142,05178.394.39$10,099
Feb 201091,85773.585.44$10,769
Jan 201082,05674.365.96$12,857
Dec 200981,94971.445.48$11,259
Nov 2009112,10674.593.75$8,721
Oct 200992,76272.544.11$12,005
Sep 200942,49265.543.06$7,900
Aug 200932,61367.423.22$8,612
Jul 200932,21061.133.46$7,840
Jun 200932,27866.163.90$9,071
May 200952,19054.743.93$8,871
Apr 200981,51346.773.59$5,802
Mar 2009171,67842.144.06$7,527
Feb 2009151,98332.814.63$9,679
Jan 2009252,71835.865.37$15,495
Dec 2008243,28437.105.98$20,519
Nov 2008233,09855.496.86$22,530
Oct 2008193,04975.246.92$22,535
Sep 2008121,850101.767.88$15,794
Aug 2008112,365114.228.48$21,319
Jul 200892,258131.0811.39$26,897
Jun 2008112,667131.3313.03$36,203
May 2008112,765123.1711.57$33,358
Apr 2008122,912110.3110.45$31,768
Mar 200883,231101.909.66$32,040
Feb 200873,09192.538.77$27,758
Jan 200882,99190.388.21$25,266
Dec 200781,99188.337.30$15,245
Nov 200772,04791.677.29$15,568
Oct 200772,17782.856.92$15,649
Sep 200782,14775.846.24$14,013
Aug 2007102,57869.066.39$17,159
Jul 200792,98870.906.39$19,725
Jun 200782,94762.007.55$22,741
May 200793,12958.747.85$25,080
Apr 2007113,02459.617.81$24,259
Mar 200783,23056.927.30$24,041
Feb 200752,85855.108.22$23,757
Jan 200753,21550.306.73$21,878
Dec 200653,29556.656.92$23,080
Nov 2006143,04454.207.62$23,946
Oct 2006243,70654.906.01$23,605
Sep 200693,37260.085.04$17,526
Aug 200653,96668.717.34$29,454
Jul 200654,01269.376.34$25,794
Jun 200663,67666.286.38$23,865
May 200672,64966.016.42$17,482
Apr 200692,16264.397.36$16,493
Mar 2006172,47556.707.08$18,494
Feb 2006102,54857.597.75$20,326
Jan 200682,87160.598.93$26,132
Dec 200582,91054.9413.42$39,478
Nov 2005113,18454.6910.59$34,315
Oct 2005143,20558.3413.80$45,032
Sep 200573,08761.4512.08$37,718
Aug 2005102,94561.519.80$29,467
Jul 2005112,87455.697.84$23,155
Jun 2005113,39552.337.38$25,634
May 2005133,30445.226.65$22,563
Apr 2005173,04249.207.36$23,227
Mar 2005273,15350.377.15$23,919
Feb 2005383,08245.226.31$21,172
Jan 2005383,16943.166.32$21,675
Dec 2004502,95339.866.75$21,929
Nov 2004422,93745.286.33$20,494
Oct 2004372,85249.706.52$20,420
Sep 2004653,43943.245.28$20,982
Aug 2004613,90742.375.55$24,271
Jul 2004543,69538.286.08$24,548
Jun 2004683,95436.106.43$27,891
May 2004653,82737.486.49$27,291
Apr 2004364,43834.475.86$27,241
Mar 2004184,78934.365.53$27,102
Feb 2004224,35832.455.51$24,725
Jan 2004234,61032.036.30$29,778
Dec 2003215,29930.266.30$34,028
Nov 2003175,05528.804.60$23,718
Oct 2003184,90128.174.76$23,834
Sep 2003205,57626.314.75$27,009
Aug 2003226,08929.765.13$31,890
Jul 2003246,45329.415.17$34,073
Jun 2003256,59628.565.98$40,178
May 2003285,65726.595.97$34,532
Apr 2003345,58326.675.41$31,096
Mar 2003325,54331.146.10$34,787
Feb 2003254,01433.487.93$32,651
Jan 2003294,40930.315.58$25,490
Dec 2002314,80626.914.85$24,161
Nov 2002305,13724.664.14$21,991
Oct 2002426,04426.464.23$26,672
Sep 2002395,82827.443.64$22,256
Aug 2002356,20325.963.16$20,536
Jul 2002486,69524.583.06$21,678
Jun 2002536,14023.733.34$21,754
May 2002416,35524.663.58$23,787
Apr 2002515,54123.653.51$20,668
Mar 2002535,34822.003.10$17,759
Feb 2002473,91918.222.38$10,167
Jan 2002524,09317.172.38$10,617
Dec 2001474,19616.932.36$10,717
Nov 2001574,07118.072.41$10,823
Oct 2001564,41519.782.53$12,273
Sep 2001566,67024.262.25$16,375
Aug 2001616,72124.873.05$22,037
Jul 2001527,05423.933.20$23,797
Jun 2001576,76724.563.82$27,278
May 2001687,53725.524.31$34,200
Apr 2001676,44324.685.34$36,029
Mar 2001787,65724.545.38$43,082
Feb 2001607,36427.755.77$44,134
Jan 2001796,86327.478.40$59,811
Dec 2000756,48226.889.12$61,148
Nov 2000736,68432.215.66$40,169
Oct 2000607,33631.235.15$39,621
Sep 2000607,23331.875.19$39,426
Aug 2000547,90029.644.54$37,472
Jul 2000618,36428.534.09$35,947
Jun 2000658,33129.304.40$38,538
May 2000808,12427.263.68$32,075
Apr 2000677,54924.513.12$25,165
Mar 2000677,56728.422.86$23,544
Feb 2000637,34127.622.73$21,755
Jan 2000757,50925.272.48$20,521
Dec 1999657,74224.282.42$20,343
Nov 1999617,49223.192.43$19,650
Oct 1999678,34420.982.80$24,800
Sep 1999698,37621.752.62$23,436
Aug 1999519,36219.262.88$27,904
Jul 1999569,66817.892.37$23,938
Jun 1999377,15615.942.36$17,493
May 1999477,60515.792.32$18,393
Apr 1999565,13215.102.21$12,177
Mar 1999507,27412.471.84$13,996
Feb 19993677,5419.981.82$17,371
Jan 19994777,78010.381.90$19,733
Dec 19982008,2739.201.77$16,511
Nov 1998827,37510.892.19$17,013
Oct 19981858,12512.421.97$18,298
Sep 199807,94212.592.08$16,540
Aug 19983448,18311.301.91$19,495
Jul 19981268,30411.742.24$20,058
Jun 199807,94611.242.24$17,777
May 19982998,77012.622.21$23,123
Apr 19981179,04313.042.51$24,181
Mar 19982469,51912.802.31$25,132
Feb 19983098,85913.952.30$24,679
Jan 1998929,95814.702.15$22,810
Dec 19971989,98016.322.41$27,294
Nov 19971909,85218.193.09$33,882
Oct 199730310,37519.253.15$38,512
Sep 199716510,39517.742.95$33,643
Aug 19979310,70317.862.55$29,004
Jul 199733710,95017.582.25$30,528
Jun 199727710,48317.242.26$28,438
May 19975910,82118.972.31$26,100
Apr 199732010,32617.882.08$27,228
Mar 199755113,34218.951.94$36,313
Feb 19973889,95220.492.21$29,903
Jan 199766111,36023.483.54$55,731
Dec 199636811,99223.32$8,582
Nov 199632811,67521.97$7,206
Oct 199628711,79723.31$6,690
Sep 199629912,27822.22$6,644
Aug 199631812,73820.26$6,443
Jul 199611512,80819.55$2,248
Jun 19968312,79118.73$1,555
May 199639013,47619.43$7,578
Apr 199654413,13321.51$11,701
Mar 199651113,67019.38$9,903
Feb 199646212,49716.98$7,845
Jan 199644113,37017.07$7,528
Dec 199533515,20517.19$5,759
Nov 199556715,64616.00$9,072
Oct 199535917,06815.43$5,539
Sep 199536716,50716.18$5,938
Aug 199537818,10215.92$6,018
Jul 199518518,30415.24$2,819
Jun 199519418,39916.41$3,184
May 199538119,66817.56$6,690
Apr 199518819,94717.73$3,333
Mar 199540022,90416.44$6,576
Feb 199520119,10216.58$3,333
Jan 199539020,89315.92$6,209
Dec 199439523,17215.03$5,937
Nov 199438324,54315.90$6,090
Oct 199437928,46215.58$5,905
Sep 199439029,09915.29$5,963
Aug 199437531,47616.13$6,049
Jul 199455835,32617.56$9,798
Jun 199436939,35117.09$6,306
May 199476450,86015.88$12,132
Apr 199476160,08914.14$10,761
Mar 199478664,50212.46$9,794
Feb 1994064412.50$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.

Apr 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $104.22 =         $0
Gas               10,058 Mcf  × $  6.84 =    $68,773

────────────────────────────────────────────────────
Month total                                  $68,773

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/149040 is the state's own key, not one this site invented.