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 163332District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Apr 1997 – Nov 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
308
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 Gas111997-09-05136728
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
CondensateDisposition6,908 bbl$179,588
GasProduction326,725 Mcf$1,195,435
Total$1,375,023

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 32.0847, -94.2559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08467, -94.25587 · 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
9,390 ft
1 wells filed one
Completion to plug
14.7 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 9,390 ft.

Completions filed
Mar 2008
1 of 1 wells
Plug dates filed
Nov 2022
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653353849,390 ftMar 2008Nov 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 (308)

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

308 months

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 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012014101.102.57$36
Jan 201201,29498.092.73$3,538
Dec 201103096.873.24$97
Nov 201103095.723.31$99
Oct 201102984.983.65$106
Sep 201103983.623.99$155
Aug 201102383.404.15$95
Jul 20110094.144.52$0
Jun 201103092.904.64$139
May 20110098.134.40$0
Apr 2011028105.964.33$121
Mar 201104096.364.06$162
Feb 201103185.644.18$130
Jan 201103886.504.59$174
Dec 201006385.734.35$274
Nov 201004380.843.80$163
Oct 201005878.103.51$204
Sep 201005872.633.98$231
Aug 201005673.684.42$247
Jul 201005372.554.74$251
Jun 201005670.364.91$275
May 201005271.124.24$220
Apr 201006381.694.12$260
Mar 201004778.394.39$206
Feb 201003973.585.44$212
Jan 201004374.365.96$256
Dec 200904871.445.48$263
Nov 200904474.593.75$165
Oct 200904872.544.11$197
Sep 200905365.543.06$162
Aug 200906267.423.22$200
Jul 200903461.133.46$118
Jun 200905566.163.90$214
May 200903654.743.93$141
Apr 200904446.773.59$158
Mar 200906142.144.06$248
Feb 200902332.814.63$107
Jan 200906435.865.37$344
Dec 200806537.105.98$389
Nov 200806255.496.86$425
Oct 200806075.246.92$415
Sep 2008064101.767.88$504
Aug 2008048114.228.48$407
Jul 2008045131.0811.39$513
Jun 2008053131.3313.03$691
May 2008141123.1711.57$598
Apr 20081232110.3110.45$2,536
Mar 20081297101.909.66$2,972
Feb 20080992.538.77$79
Jan 200813590.388.21$378
Dec 2007243788.337.30$3,368
Nov 2007137691.677.29$2,833
Oct 2007238582.856.92$2,831
Sep 2007556775.846.24$3,920
Aug 2007937169.066.39$2,991
Jul 20071633070.906.39$3,242
Jun 20072352162.007.55$5,359
May 20072952358.747.85$5,807
Apr 20072355359.617.81$5,687
Mar 20073067856.927.30$6,658
Feb 20072987555.108.22$8,787
Jan 20073491650.306.73$7,872
Dec 20061952556.656.92$4,709
Nov 20062062754.207.62$5,860
Oct 20061787254.906.01$6,177
Sep 20061877460.085.04$4,980
Aug 20061697268.717.34$8,234
Jul 20061369869.376.34$5,329
Jun 2006171,02566.286.38$7,670
May 2006231,25666.016.42$9,588
Apr 20062298364.397.36$8,652
Mar 2006291,05256.707.08$9,096
Feb 20063573057.597.75$7,674
Jan 2006331,01160.598.93$11,031
Dec 2005351,20954.9413.42$18,142
Nov 20051773654.6910.59$8,723
Oct 20053391858.3413.80$14,590
Sep 2005241,64461.4512.08$21,333
Aug 20052587561.519.80$10,110
Jul 20051671055.697.84$6,460
Jun 20051077252.337.38$6,221
May 2005351,44445.226.65$11,187
Apr 2005541,33049.207.36$12,446
Mar 2005521,14050.377.15$10,776
Feb 2005481,33645.226.31$10,603
Jan 2005661,33143.166.32$11,263
Dec 2004481,31939.866.75$10,818
Nov 2004151,79845.286.33$12,061
Oct 2004151,83249.706.52$12,681
Sep 2004511,40643.245.28$9,634
Aug 2004311,39642.375.55$9,062
Jul 20045098438.286.08$7,901
Jun 2004511,87836.106.43$13,922
May 2004641,81737.486.49$14,199
Apr 2004531,71534.475.86$11,874
Mar 200481,53834.365.53$8,780
Feb 200481,52532.455.51$8,662
Jan 200481,56232.036.30$10,096
Dec 200371,57730.266.30$10,150
Nov 200381,66428.804.60$7,877
Oct 200371,69128.174.76$8,246
Sep 2003151,74826.314.75$8,697
Aug 2003291,61729.765.13$9,158
Jul 2003411,71029.415.17$10,048
Jun 2003351,56628.565.98$10,369
May 2003461,55426.595.97$10,505
Apr 2003341,36526.675.41$8,288
Mar 2003281,25031.146.10$8,492
Feb 2003241,18633.487.93$10,204
Jan 2003161,14630.315.58$6,882
Dec 2002201,24926.914.85$6,601
Nov 2002171,37524.664.14$6,108
Oct 2002181,18126.464.23$5,471
Sep 2002441,28227.443.64$5,868
Aug 20021091,57425.963.16$7,810
Jul 20021111,47524.583.06$7,244
Jun 20021131,97323.733.34$9,268
May 2002761,85924.663.58$8,537
Apr 20021101,87423.653.51$9,184
Mar 20021101,84622.003.10$8,148
Feb 20021522,10618.222.38$7,773
Jan 20021732,82917.172.38$9,691
Dec 20011322,18116.932.36$7,392
Nov 2001822,17318.072.41$6,709
Oct 2001842,30719.782.53$7,496
Sep 2001712,29624.262.25$6,891
Aug 2001802,52024.873.05$9,684
Jul 2001662,47623.933.20$9,495
Jun 2001532,24424.563.82$9,883
May 2001712,21525.524.31$11,353
Apr 2001691,96424.685.34$12,181
Mar 2001742,21924.545.38$13,746
Feb 2001651,96327.755.77$13,125
Jan 2001882,07427.478.40$19,836
Dec 20001012,18326.889.12$22,629
Nov 20001142,21232.215.66$16,187
Oct 2000902,32931.235.15$14,795
Sep 2000232,29031.875.19$12,610
Aug 2000222,43029.644.54$11,686
Jul 2000252,55128.534.09$11,146
Jun 2000212,43029.304.40$11,301
May 2000252,88927.263.68$11,312
Apr 200029024.513.12$711
Mar 2000352,73328.422.86$8,810
Feb 2000312,47027.622.73$7,591
Jan 2000382,77625.272.48$7,846
Dec 1999262,59624.282.42$6,923
Nov 1999282,50723.192.43$6,751
Oct 1999252,68620.982.80$8,055
Sep 1999282,92121.752.62$8,259
Aug 1999203,26519.262.88$9,774
Jul 1999182,81317.892.37$6,996
Jun 1999332,94015.942.36$7,471
May 1999383,63115.792.32$9,028
Apr 1999443,17315.102.21$7,671
Mar 1999663,61412.471.84$7,467
Feb 1999273,3219.981.82$6,306
Jan 1999493,91110.381.90$7,939
Dec 1998784,2269.201.77$8,212
Nov 199884,23710.892.19$9,348
Oct 1998973,92212.421.97$8,928
Sep 1998524,47412.592.08$9,972
Aug 1998434,02211.301.91$8,157
Jul 1998754,22411.742.24$10,331
Jun 1998874,75011.242.24$11,605
May 1998443,85712.622.21$9,065
Apr 1998683,43113.042.51$9,483
Mar 1998914,62412.802.31$11,844
Feb 1998935,06913.952.30$12,952
Jan 1998975,43914.702.15$13,146
Dec 1997986,20716.322.41$16,565
Nov 1997966,01118.193.09$20,310
Oct 19971447,22719.253.15$25,536
Sep 19971928,22617.742.95$27,713
Aug 19971828,34417.862.55$24,567
Jul 19972019,42017.582.25$24,700
Jun 199717111,32617.242.26$28,513
May 199736125,69218.972.31$66,158
Apr 19971108,88517.882.08$20,472

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.

Feb 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.10 =         $0
Gas                   14 Mcf  × $  2.57 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/163332 is the state's own key, not one this site invented.