CHADWICK 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 153522District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Jan 1995 – Aug 2023
Value, last 12 filed months
$3
at the published price for each month
Months reported
344
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 Gas111995-05-05131977
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
CondensateDisposition18,399 bbl$481,235
GasProduction2,016,877 Mcf$5,704,427
Total$6,185,663

664,342 Mcf of this lease's gas, across 24 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 32.2086, -94.3333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20855, -94.33329 · 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
Aug 2023
1 of 1 wells

1 well

42-36533018109,650 ftAug 2023Yes

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 (344)

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

344 months

Aug 20230080.522.67$0
Jul 20230174.852.64$3
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 20201038.772.71$39
Oct 2020032236.972.48$798
Sep 2020111,89237.091.99$4,175
Aug 2020112,05639.982.39$5,344
Jul 2020111,99338.371.83$4,060
Jun 2020112,04334.901.69$3,837
May 2020102,06816.921.81$3,922
Apr 2020112,13114.751.80$4,007
Mar 2020112,19430.341.86$4,406
Feb 2020112,42349.881.98$5,348
Jan 2020122,44157.252.09$5,800
Dec 2019112,23559.012.30$5,799
Nov 2019112,04655.302.75$6,236
Oct 201932,22253.472.42$5,534
Sep 201902,12055.052.66$5,633
Aug 201902,14453.112.30$4,941
Jul 201902,19056.272.46$5,388
Jun 201902,16452.782.49$5,391
May 201902,26858.482.74$6,215
Apr 201902,21862.632.75$6,101
Mar 201902,32956.803.06$7,132
Feb 201902,12850.852.79$5,942
Jan 201902,28946.033.23$7,389
Dec 201802,19246.594.19$9,174
Nov 201841,97952.934.24$8,597
Oct 2018121,93761.443.40$7,319
Sep 2018191,86859.543.11$6,937
Aug 201801,93559.403.07$5,934
Jul 2018262,13765.142.93$7,959
Jun 2018262,05760.183.08$7,894
May 2018242,10465.382.90$7,672
Apr 201802,15963.842.90$6,263
Mar 2018502,22761.222.79$9,267
Feb 2018261,90761.782.77$6,881
Jan 2018261,76462.874.01$8,707
Dec 2017242,34857.272.92$8,234
Nov 2017231,64255.423.12$6,395
Oct 201702,03349.292.98$6,066
Sep 2017401,98347.523.09$8,023
Aug 201751,97445.373.00$6,158
Jul 2017152,00543.873.09$6,848
Jun 2017901,99842.493.09$9,992
May 2017942,08345.373.26$11,062
Apr 2017922,00147.933.21$10,836
Mar 2017912,20946.772.98$10,847
Feb 2017732,17950.452.95$10,117
Jan 2017282,58049.413.42$10,204
Dec 2016272,51748.763.72$10,687
Nov 2016253942.492.64$1,165
Oct 2016212,27546.193.09$8,000
Sep 201602,05341.553.10$6,366
Aug 2016192,19341.442.92$7,200
Jul 2016182,22341.622.92$7,250
Jun 201602,24745.352.69$6,035
May 2016102,34442.521.99$5,092
Apr 201602,33836.561.99$4,655
Mar 2016182,48433.011.79$5,051
Feb 2016102,14126.472.06$4,683
Jan 201602,48727.352.36$5,880
Dec 2015312,65132.362.00$6,309
Nov 2015252,75238.792.17$6,934
Oct 201502,82943.552.43$6,865
Sep 2015122,74142.992.76$8,077
Aug 2015122,82040.162.87$8,582
Jul 2015112,94348.152.95$9,197
Jun 201502,86856.152.88$8,268
May 2015113,11655.212.96$9,816
Apr 2015103,08949.822.71$8,859
Mar 201573,42642.892.93$10,355
Feb 201503,16144.662.98$9,408
Jan 201503,43143.433.10$10,638
Dec 201402,43854.693.59$8,756
Nov 201401,87170.464.25$7,955
Oct 201401,81378.303.90$7,072
Sep 201401,88286.164.05$7,614
Aug 201401,80589.394.04$7,283
Jul 201402,23396.564.18$9,333
Jun 201402,09998.164.74$9,943
May 201402,58094.734.73$12,195
Apr 201402,05895.944.81$9,897
Mar 201402,86195.895.06$14,468
Feb 201401,49697.406.19$9,263
Jan 201402,30790.404.86$11,214
Dec 201303,18491.824.35$13,865
Nov 201302,67988.853.74$10,015
Oct 201302,29497.423.78$8,670
Sep 201302,661104.113.72$9,893
Aug 201303,689104.253.52$12,995
Jul 201301,352102.523.72$5,026
Jun 201301,95194.403.93$7,674
May 201302,12394.834.15$8,809
Apr 201302,08393.964.28$8,921
Mar 201302,15393.623.91$8,424
Feb 201301,94091.233.42$6,635
Jan 201302,20891.603.42$7,551
Dec 2012192,38086.773.42$9,789
Nov 2012432,12286.953.62$11,431
Oct 2012202,19289.383.40$9,240
Sep 2012301,96394.672.92$8,569
Aug 2012162,22692.662.91$7,956
Jul 2012132,39385.133.02$8,335
Jun 2012172,39179.822.52$7,380
May 2012232,33091.612.49$7,905
Apr 2012102,204101.652.00$5,417
Mar 2012171,964105.052.22$6,150
Feb 2012392,268101.102.57$9,772
Jan 2012342,45298.092.73$10,039
Dec 2011342,37596.873.24$10,988
Nov 2011322,92295.723.31$12,739
Oct 2011171,31284.983.65$6,232
Sep 2011331,84883.623.99$10,125
Aug 2011151,72683.404.15$8,413
Jul 2011291,80594.144.52$10,884
Jun 2011421,66192.904.64$11,609
May 2011172,17998.134.40$11,266
Apr 2011331,908105.964.33$11,765
Mar 2011302,22496.364.06$11,914
Feb 2011152,08985.644.18$10,017
Jan 2011482,22486.504.59$14,357
Dec 2010352,62585.734.35$14,413
Nov 2010333,12480.843.80$14,524
Oct 2010313,26878.103.51$13,888
Sep 2010152,86172.633.98$12,475
Aug 2010142,93573.684.42$14,002
Jul 2010233,19872.554.74$16,816
Jun 2010203,24170.364.91$17,322
May 2010303,45471.124.24$16,762
Apr 2010233,33681.694.12$15,632
Mar 2010513,45478.394.39$19,156
Feb 2010393,09573.585.44$19,714
Jan 2010393,30174.365.96$22,588
Dec 2009383,37571.445.48$21,222
Nov 2009373,27574.593.75$15,046
Oct 2009202,50272.544.11$11,735
Sep 2009102,93965.543.06$9,663
Aug 2009153,35267.423.22$11,800
Jul 2009153,48561.133.46$12,991
Jun 2009143,30566.163.90$13,799
May 2009233,49654.743.93$14,983
Apr 2009203,38946.773.59$13,093
Mar 2009183,69742.144.06$15,765
Feb 2009103,35332.814.63$15,863
Jan 2009143,87335.865.37$21,304
Dec 200854,00337.105.98$24,112
Nov 200803,99355.496.86$27,393
Oct 200804,33175.246.92$29,979
Sep 200803,832101.767.88$30,185
Aug 200804,333114.228.48$36,757
Jul 200803,956131.0811.39$45,057
Jun 200804,011131.3313.03$52,274
May 200803,752123.1711.57$43,427
Apr 200803,592110.3110.45$37,554
Mar 200803,953101.909.66$38,202
Feb 200804,19092.538.77$36,749
Jan 200804,49590.388.21$36,885
Dec 200703,75688.337.30$27,426
Nov 200703,63191.677.29$26,476
Oct 200703,85782.856.92$26,698
Sep 200704,18975.846.24$26,157
Aug 200704,49869.066.39$28,733
Jul 200704,06470.906.39$25,961
Jun 200704,09762.007.55$30,926
May 2007104,09458.747.85$32,710
Apr 2007423,85859.617.81$32,616
Mar 2007393,91956.927.30$30,836
Feb 2007553,45355.108.22$31,400
Jan 2007423,86450.306.73$28,105
Dec 2006413,97056.656.92$29,789
Nov 2006404,17654.207.62$33,979
Oct 2006234,69254.906.01$29,479
Sep 2006194,68060.085.04$24,716
Aug 2006185,00968.717.34$38,002
Jul 2006305,31969.376.34$35,818
Jun 2006244,95566.286.38$33,223
May 2006314,96366.016.42$33,934
Apr 2006244,81964.397.36$37,016
Mar 2006355,05656.707.08$37,796
Feb 2006304,51157.597.75$36,693
Jan 2006305,07760.598.93$47,172
Dec 2005365,12554.9413.42$70,732
Nov 2005335,08954.6910.59$55,689
Oct 2005275,49358.3413.80$77,355
Sep 2005205,00761.4512.08$61,709
Aug 2005205,53061.519.80$55,407
Jul 2005365,62755.697.84$46,141
Jun 2005285,29252.337.38$40,526
May 2005325,50645.226.65$38,068
Apr 2005245,25049.207.36$39,823
Mar 2005365,55650.377.15$41,566
Feb 2005214,81845.226.31$31,360
Jan 2005225,46443.166.32$35,494
Dec 2004255,79039.866.75$40,085
Nov 2004195,48545.286.33$35,583
Oct 2004195,85449.706.52$39,084
Sep 2004175,72443.245.28$30,980
Aug 2004175,86542.375.55$33,275
Jul 2004275,78038.286.08$36,200
Jun 2004195,92836.106.43$38,821
May 2004196,16737.486.49$40,764
Apr 2004296,02834.475.86$36,314
Mar 2004226,24834.365.53$35,308
Feb 2004215,78332.455.51$32,544
Jan 2004215,36632.036.30$34,477
Dec 2003275,36230.266.30$34,606
Nov 2003135,25428.804.60$24,517
Oct 2003195,55628.174.76$26,980
Sep 2003135,62226.314.75$27,043
Aug 2003195,83329.765.13$30,487
Jul 2003265,80829.415.17$30,797
Jun 2003205,68228.565.98$34,566
May 2003126,14826.595.97$37,039
Apr 2003245,86126.675.41$32,332
Mar 2003235,91231.146.10$36,756
Feb 2003175,25633.487.93$42,228
Jan 2003245,71730.315.58$32,640
Dec 2002215,75326.914.85$28,489
Nov 2002205,71524.664.14$24,136
Oct 2002245,93226.464.23$25,722
Sep 2002205,74227.443.64$21,422
Aug 2002105,81325.963.16$18,653
Jul 2002195,82524.583.06$18,302
Jun 2002175,76323.733.34$19,642
May 2002236,35124.663.58$23,329
Apr 2002247,82523.653.51$28,052
Mar 2002387,32222.003.10$23,554
Feb 2002265,83118.222.38$14,326
Jan 2002446,94817.172.38$17,262
Dec 2001397,41316.932.36$18,188
Nov 2001496,44818.072.41$16,396
Oct 2001187,06919.782.53$18,233
Sep 2001246,90024.262.25$16,116
Aug 2001197,70124.873.05$23,985
Jul 2001148,24023.933.20$26,679
Jun 2001437,68824.563.82$30,456
May 2001438,82725.524.31$39,118
Apr 2001448,20924.685.34$44,884
Mar 2001438,52524.545.38$46,889
Feb 2001557,01527.755.77$41,982
Jan 2001498,03727.478.40$68,847
Dec 2000408,09326.889.12$74,904
Nov 2000408,14932.215.66$47,395
Oct 2000398,14231.235.15$43,113
Sep 2000313,23331.875.19$17,756
Aug 2000448,57029.644.54$40,218
Jul 2000418,54728.534.09$36,125
Jun 2000408,27129.304.40$37,542
May 2000518,64527.263.68$33,202
Apr 2000388,93624.513.12$28,776
Mar 2000488,79428.422.86$26,513
Feb 2000598,16327.622.73$23,886
Jan 2000808,80725.272.48$23,867
Dec 1999669,20024.282.42$23,901
Nov 1999639,00523.192.43$23,379
Oct 1999739,85520.982.80$29,162
Sep 1999988,90821.752.62$25,460
Aug 1999679,52719.262.88$28,686
Jul 1999789,55017.892.37$24,052
Jun 1999969,28015.942.36$23,451
May 19991029,40715.792.32$23,444
Apr 19991127,86615.102.21$19,060
Mar 19991058,34712.471.84$16,654
Feb 19991329,1869.981.82$18,016
Jan 199918910,24610.381.90$21,429
Dec 199824011,0679.201.77$21,833
Nov 199819910,48810.892.19$25,091
Oct 199817310,24212.421.97$22,317
Sep 199815010,22712.592.08$23,187
Aug 199812810,67811.301.91$21,813
Jul 199811810,71111.742.24$25,349
Jun 19989010,75511.242.24$25,073
May 199815111,06712.622.21$26,323
Apr 19989710,10213.042.51$26,574
Mar 199815111,11912.802.31$27,611
Feb 199816310,55313.952.30$26,537
Jan 199837412,29114.702.15$31,982
Dec 19978412,15816.322.41$30,685
Nov 1997908,35718.193.09$27,446
Oct 199718812,72319.253.15$43,694
Sep 19979712,48717.742.95$38,618
Aug 199718712,61917.862.55$35,578
Jul 19978913,37217.582.25$31,611
Jun 19979612,76817.242.26$30,475
May 199727113,96318.972.31$37,374
Apr 199718713,73417.882.08$31,948
Mar 199728414,59518.951.94$33,684
Feb 199710013,56220.492.21$31,965
Jan 199730315,30723.483.54$61,297
Dec 199619415,64523.32$4,524
Nov 199622115,48921.97$4,855
Oct 199621516,33123.31$5,012
Sep 199610415,46622.22$2,311
Aug 199629216,50520.26$5,916
Jul 199610217,48319.55$1,994
Jun 199630716,87018.73$5,750
May 199611118,13419.43$2,157
Apr 199633918,65821.51$7,292
Mar 199622520,92019.38$4,361
Feb 199632719,73016.98$5,552
Jan 199633322,98917.07$5,684
Dec 199520523,85617.19$3,524
Nov 199531324,37016.00$5,008
Oct 199531627,57715.43$4,876
Sep 199532928,68616.18$5,323
Aug 199532033,72715.92$5,094
Jul 199535730,85215.24$5,441
Jun 199541537,91416.41$6,810
May 199555946,37117.56$9,816
Apr 199574547,72817.73$13,209
Mar 199576259,49016.44$12,527
Feb 199596667,39116.58$16,016
Jan 199511622,16015.92$1,847

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.85 =         $0
Gas                    1 Mcf  × $  2.64 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/153522 is the state's own key, not one this site invented.