CAPPS GAS 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 163263District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Apr 1997 – Sep 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
318
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 Gas111997-09-05136680
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
CondensateDisposition4,529 bbl$103,366
GasProduction434,866 Mcf$1,765,415
Total$1,868,782

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 32.0911, -94.2561. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09115, -94.25610 · 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
100.0%
1 of 1 wells
Median depth
9,400 ft
1 wells filed one
Completion to plug
26.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,400 ft.

Completions filed
Apr 1997
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 26.5 years across the 1 well that filed both dates, with the middle half between 26.5 years and 26.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653353959,400 ftApr 1997Oct 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 (318)

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

318 months

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 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012012285.133.02$369
Jun 2012155079.822.52$1,465
May 2012160391.612.49$1,592
Apr 20121741101.652.00$1,581
Mar 20120421105.052.22$936
Feb 20120567101.102.57$1,457
Jan 2012058398.092.73$1,594
Dec 2011163296.873.24$2,144
Nov 2011166995.723.31$2,311
Oct 2011274984.983.65$2,903
Sep 2011286883.623.99$3,627
Aug 2011184983.404.15$3,606
Jul 2011270994.144.52$3,391
Jun 2011175092.904.64$3,573
May 2011281798.134.40$3,795
Apr 20111815105.964.33$3,638
Mar 2011290196.364.06$3,848
Feb 2011170885.644.18$3,045
Jan 2011276186.504.59$3,665
Dec 2010286485.734.35$3,928
Nov 2010299380.843.80$3,930
Oct 201031,04078.103.51$3,884
Sep 2010487472.633.98$3,769
Aug 2010486873.684.42$4,131
Jul 2010599072.554.74$5,052
Jun 201071,06670.364.91$5,727
May 2010131,14871.124.24$5,787
Apr 201081,28481.694.12$5,947
Mar 201051,36178.394.39$6,365
Feb 201041,17473.585.44$6,684
Jan 201041,56774.365.96$9,643
Dec 2009194671.445.48$5,259
Nov 200911,10874.593.75$4,231
Oct 200911,24272.544.11$5,177
Sep 200901,12865.543.06$3,457
Aug 200901,05967.423.22$3,408
Jul 200901,12261.133.46$3,887
Jun 200901,23466.163.90$4,806
May 200901,31454.743.93$5,158
Apr 200901,14246.773.59$4,097
Mar 200901,67742.144.06$6,807
Feb 200901,10732.814.63$5,129
Jan 200901,63735.865.37$8,792
Dec 200801,81537.105.98$10,849
Nov 200801,49155.496.86$10,229
Oct 200801,54475.246.92$10,688
Sep 200801,578101.767.88$12,430
Aug 20080852114.228.48$7,228
Jul 20080805131.0811.39$9,168
Jun 20080858131.3313.03$11,182
May 20080835123.1711.57$9,665
Apr 20080794110.3110.45$8,301
Mar 20080896101.909.66$8,659
Feb 200801,13792.538.77$9,972
Jan 200801,16090.388.21$9,519
Dec 200701,43888.337.30$10,500
Nov 200701,12291.677.29$8,181
Oct 200701,23682.856.92$8,556
Sep 200701,94775.846.24$12,157
Aug 200702,89369.066.39$18,480
Jul 200701,91670.906.39$12,239
Jun 200701,71362.007.55$12,930
May 200701,33758.747.85$10,490
Apr 200701,79559.617.81$14,010
Mar 200742,07556.927.30$15,379
Feb 2007141,06855.108.22$9,546
Jan 2007181,32150.306.73$9,792
Dec 2006191,75156.656.92$13,191
Nov 2006181,68954.207.62$13,842
Oct 2006111,45654.906.01$9,360
Sep 200651,34960.085.04$7,096
Aug 200601,39468.717.34$10,232
Jul 200601,68869.376.34$10,707
Jun 200601,85466.286.38$11,836
May 200601,71866.016.42$11,038
Apr 200602,04964.397.36$15,082
Mar 200652,02956.707.08$14,655
Feb 2006341,39657.597.75$12,779
Jan 2006301,32460.598.93$13,645
Dec 2005301,87854.9413.42$26,842
Nov 2005241,43054.6910.59$16,454
Oct 2005361,78358.3413.80$26,698
Sep 2005171,36361.4512.08$17,508
Aug 2005201,19361.519.80$12,918
Jul 2005251,45055.697.84$12,766
Jun 2005221,39352.337.38$11,433
May 2005201,39945.226.65$10,209
Apr 2005322,12649.207.36$17,223
Mar 2005241,66650.377.15$13,129
Feb 2005151,51245.226.31$10,222
Jan 2005211,19443.166.32$8,455
Dec 2004171,04139.866.75$7,705
Nov 200441,61645.286.33$10,411
Oct 200431,36749.706.52$9,055
Sep 200491,45243.245.28$8,061
Aug 200451,53242.375.55$8,715
Jul 200491,81838.286.08$11,406
Jun 200481,35936.106.43$9,031
May 2004101,59437.486.49$10,727
Apr 200481,43334.475.86$8,671
Mar 200401,38734.365.53$7,670
Feb 200401,15032.455.51$6,336
Jan 200401,53332.036.30$9,657
Dec 200301,51030.266.30$9,515
Nov 200301,13528.804.60$5,216
Oct 200301,40028.174.76$6,664
Sep 200301,70626.314.75$8,102
Aug 200302,06429.765.13$10,588
Jul 200302,19229.415.17$11,334
Jun 200302,07728.565.98$12,427
May 200302,97126.595.97$17,745
Apr 200303,27826.675.41$17,725
Mar 200311,84531.146.10$11,278
Feb 200331,94633.487.93$15,524
Jan 200302,09330.315.58$11,683
Dec 200202,15626.914.85$10,465
Nov 200202,08424.664.14$8,621
Oct 200232,12026.464.23$9,045
Sep 2002152,36727.443.64$9,016
Aug 2002272,70725.963.16$9,266
Jul 2002271,87424.583.06$6,401
Jun 2002281,92323.733.34$7,084
May 2002181,88324.663.58$7,193
Apr 2002231,99123.653.51$7,537
Mar 2002231,82022.003.10$6,153
Feb 2002311,68318.222.38$4,563
Jan 2002352,14017.172.38$5,685
Dec 2001302,02816.932.36$5,303
Nov 2001171,87618.072.41$4,820
Oct 2001171,93219.782.53$5,222
Sep 2001141,95424.262.25$4,739
Aug 2001172,16824.873.05$7,042
Jul 2001152,19723.933.20$7,383
Jun 2001142,16124.563.82$8,608
May 2001192,12425.524.31$9,634
Apr 2001192,69424.685.34$14,842
Mar 2001192,02224.545.38$11,337
Feb 2001202,01327.755.77$12,164
Jan 2001272,11227.478.40$18,480
Dec 2000262,34026.889.12$22,046
Nov 2000282,36232.215.66$14,266
Oct 2000252,55931.235.15$13,948
Sep 2000242,42931.875.19$13,363
Aug 2000242,66129.644.54$12,794
Jul 2000282,77028.534.09$12,127
Jun 2000222,68929.304.40$12,469
May 2000283,20927.263.68$12,572
Apr 200027024.513.12$662
Mar 2000112,79928.422.86$8,317
Feb 2000102,69627.622.73$7,627
Jan 2000162,84425.272.48$7,459
Dec 1999262,85624.282.42$7,553
Nov 1999302,77123.192.43$7,440
Oct 1999252,98020.982.80$8,880
Sep 1999293,13921.752.62$8,851
Aug 1999223,31319.262.88$9,951
Jul 1999253,32917.892.37$8,345
Jun 1999393,43015.942.36$8,724
May 1999373,51715.792.32$8,747
Apr 1999473,45315.102.21$8,334
Mar 1999663,70512.471.84$7,634
Feb 1999273,4849.981.82$6,603
Jan 1999504,04210.381.90$8,199
Dec 1998804,4579.201.77$8,640
Nov 199894,03410.892.19$8,915
Oct 19981074,27512.421.97$9,747
Sep 1998644,78012.592.08$10,761
Aug 1998555,08411.301.91$10,318
Jul 1998925,10611.742.24$12,504
Jun 19981045,17711.242.24$12,751
May 1998625,26712.622.21$12,403
Apr 1998954,69413.042.51$12,999
Mar 19981005,01912.802.31$12,871
Feb 19981005,38413.952.30$13,774
Jan 19981126,18714.702.15$14,978
Dec 19971096,71816.322.41$17,977
Nov 19971126,75418.193.09$22,895
Oct 19971668,06519.253.15$28,599
Sep 19972219,22517.742.95$31,179
Aug 199722910,15817.862.55$30,041
Jul 199724311,02817.582.25$29,051
Jun 199720012,85817.242.26$32,471
May 199732322,30318.972.31$57,614
Apr 199719014,91817.882.08$34,468

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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.13 =         $0
Gas                  122 Mcf  × $  3.02 =       $369

────────────────────────────────────────────────────
Month total                                     $369

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/163263 is the state's own key, not one this site invented.