MASON

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 167880District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Mar 1997 – Mar 2020
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
277
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 Gas111998-07-07138852
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
CondensateDisposition12,777 bbl$390,123
GasProduction1,163,170 Mcf$4,621,747
Total$5,011,870

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 32.0925, -94.3668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09247, -94.36680 · 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
9,500 ft
1 wells filed one
Completion to plug
23.0 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 9,500 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
Mar 2020
1 of 1 wells

Last completion to plug: a median of 23.0 years across the 1 well that filed both dates, with the middle half between 23.0 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653350589,500 ftMar 1997Mar 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 (277)

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

277 months

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 2019131156.272.46$821
Jun 201911,14652.782.49$2,908
May 201921,02458.482.74$2,923
Apr 2019199562.632.75$2,800
Mar 2019081556.803.06$2,496
Feb 2019097550.852.79$2,722
Jan 2019096246.033.23$3,106
Dec 2018096046.594.19$4,018
Nov 201801,06552.934.24$4,513
Oct 201801,07061.443.40$3,636
Sep 2018097759.543.11$3,037
Aug 201801,14659.403.07$3,514
Jul 201801,13165.142.93$3,316
Jun 201801,03260.183.08$3,175
May 201821,10465.382.90$3,333
Apr 201831,08263.842.90$3,330
Mar 201821,18661.222.79$3,428
Feb 201821,23661.782.77$3,542
Jan 201821,14462.874.01$4,712
Dec 201721,10057.272.92$3,328
Nov 201721,18455.423.12$3,803
Oct 201721,36249.292.98$4,162
Sep 201721,17547.523.09$3,723
Aug 201721,18245.373.00$3,642
Jul 201701,22543.873.09$3,782
Jun 201701,12342.493.09$3,467
May 201701,00945.373.26$3,293
Apr 201701,18447.933.21$3,803
Mar 201701,15746.772.98$3,452
Feb 201701,04050.452.95$3,071
Jan 201701,21849.413.42$4,164
Dec 201601,09848.763.72$4,088
Nov 201601,04542.492.64$2,763
Oct 201601,24346.193.09$3,841
Sep 201601,13541.553.10$3,519
Aug 201601,18241.442.92$3,457
Jul 201601,33341.622.92$3,898
Jun 201601,45945.352.69$3,919
May 2016096542.521.99$1,921
Apr 201601,01836.561.99$2,027
Mar 201601,58333.011.79$2,840
Feb 201601,45726.472.06$3,007
Jan 201601,71627.352.36$4,057
Dec 201501,86032.362.00$3,723
Nov 201502,27838.792.17$4,937
Oct 201501,84643.552.43$4,479
Sep 201501,46942.992.76$4,052
Aug 201501,16440.162.87$3,344
Jul 201501,87648.152.95$5,525
Jun 201502,59456.152.88$7,478
May 201501,77355.212.96$5,240
Apr 201501,24749.822.71$3,375
Mar 201551,28442.892.93$3,983
Feb 2015377044.662.98$2,426
Jan 201581,88443.433.10$6,189
Dec 201461,76354.693.59$6,660
Nov 201461,58070.464.25$7,141
Oct 201462,15978.303.90$8,892
Sep 2014391186.164.05$3,944
Aug 201451,75489.394.04$7,525
Jul 201452,71996.564.18$11,847
Jun 201442,03198.164.74$10,013
May 201441,44194.734.73$7,190
Apr 201482,07495.944.81$10,742
Mar 201472,12695.895.06$11,422
Feb 201472,03897.406.19$13,301
Jan 201492,64190.404.86$13,651
Dec 201371,95691.824.35$9,160
Nov 201361,95688.853.74$7,845
Oct 201372,04597.423.78$8,411
Sep 201372,369104.113.72$9,536
Aug 201382,754104.253.52$10,535
Jul 201382,354102.523.72$9,572
Jun 201361,81994.403.93$7,721
May 201382,53394.834.15$11,268
Apr 201392,64693.964.28$12,177
Mar 2013143,46493.623.91$14,865
Feb 201371,50591.233.42$5,786
Jan 201382,17191.603.42$8,157
Dec 201282,11586.773.42$7,928
Nov 201292,29986.953.62$9,116
Oct 201271,49789.383.40$5,715
Sep 2012122,17294.672.92$7,475
Aug 2012142,68692.662.91$9,109
Jul 2012132,65685.133.02$9,130
Jun 2012101,95579.822.52$5,723
May 2012162,97091.612.49$8,856
Apr 2012112,011101.652.00$5,134
Mar 2012142,545105.052.22$7,126
Feb 2012132,303101.102.57$7,234
Jan 2012152,72998.092.73$8,933
Dec 2011152,68996.873.24$10,165
Nov 2011152,89895.723.31$11,032
Oct 2011132,87484.983.65$11,591
Sep 2011163,48483.623.99$15,224
Aug 201181,98883.404.15$8,916
Jul 2011122,52594.144.52$12,536
Jun 2011142,67492.904.64$13,708
May 2011183,16298.134.40$15,694
Apr 201100105.964.33$0
Mar 2011193,08196.364.06$14,332
Feb 2011223,21285.644.18$15,310
Jan 2011142,50286.504.59$12,692
Dec 2010182,82985.734.35$13,843
Nov 2010162,69280.843.80$11,510
Oct 2010142,68478.103.51$10,511
Sep 2010172,75172.633.98$12,182
Aug 2010192,99973.684.42$14,654
Jul 2010203,18472.554.74$16,532
Jun 2010233,31070.364.91$17,872
May 2010313,73471.124.24$18,019
Apr 2010333,80981.694.12$18,399
Mar 2010252,58078.394.39$13,283
Feb 2010303,01073.585.44$18,589
Jan 2010293,19874.365.96$21,230
Dec 2009343,51471.445.48$21,699
Nov 2009263,16574.593.75$13,813
Oct 2009263,38772.544.11$15,807
Sep 2009193,22665.543.06$11,132
Aug 2009203,34967.423.22$12,127
Jul 2009203,26061.133.46$12,517
Jun 2009223,26066.163.90$14,153
May 2009253,87054.743.93$16,561
Apr 2009366,63646.773.59$25,490
Mar 20096214,67742.144.06$62,187
Feb 2009122,46032.814.63$11,791
Jan 2009307,61535.865.37$41,976
Dec 20084812,12637.105.98$74,260
Nov 2008477,62755.496.86$54,932
Oct 2008323,17375.246.92$24,371
Sep 2008212,269101.767.88$20,010
Aug 2008303,443114.228.48$32,634
Jul 2008343,946131.0811.39$49,399
Jun 2008343,818131.3313.03$54,224
May 2008353,860123.1711.57$48,988
Apr 2008444,186110.3110.45$48,618
Mar 2008444,359101.909.66$46,609
Feb 2008414,14692.538.77$40,157
Jan 2008434,52890.388.21$41,042
Dec 2007424,63788.337.30$37,569
Nov 2007364,75691.677.29$37,979
Oct 2007424,68282.856.92$35,888
Sep 2007434,78575.846.24$33,139
Aug 2007434,70369.066.39$33,012
Jul 2007435,12370.906.39$35,774
Jun 2007415,08862.007.55$40,949
May 2007455,40858.747.85$45,076
Apr 2007355,46659.617.81$44,750
Mar 2007595,63256.927.30$44,483
Feb 2007545,36555.108.22$47,054
Jan 2007636,21650.306.73$44,983
Dec 2006656,81556.656.92$50,831
Nov 2006597,02854.207.62$56,733
Oct 2006557,01454.906.01$45,200
Sep 2006897,41660.085.04$42,703
Aug 20061008,49368.717.34$69,209
Jul 2006366,35969.376.34$42,831
Jun 200601,27066.286.38$8,108
May 200601,76466.016.42$11,334
Apr 200601,63664.397.36$12,042
Mar 200601,75056.707.08$12,395
Feb 200601,67257.597.75$12,960
Jan 200601,66360.598.93$14,856
Dec 2005062154.9413.42$8,331
Nov 2005018854.6910.59$1,991
Oct 20050058.3413.80$0
Sep 200506761.4512.08$809
Aug 2005022661.519.80$2,214
Jul 2005058155.697.84$4,557
Jun 2005058452.337.38$4,311
May 2005048645.226.65$3,232
Apr 2005069149.207.36$5,086
Mar 200501,27650.377.15$9,130
Feb 20050045.226.31$0
Jan 2005020443.166.32$1,290
Dec 2004027139.866.75$1,830
Nov 2004062545.286.33$3,957
Oct 200402,46149.706.52$16,034
Sep 200403,49043.245.28$18,441
Aug 200404,15842.375.55$23,080
Jul 200402,77538.286.08$16,884
Jun 200403,62136.106.43$23,294
May 200403,41037.486.49$22,147
Apr 200404,17034.475.86$24,430
Mar 200405,54234.365.53$30,648
Feb 200401,02632.455.51$5,653
Jan 200401,83332.036.30$11,547
Dec 200301,00930.266.30$6,358
Nov 2003342,14728.804.60$10,845
Oct 2003512,85828.174.76$15,040
Sep 2003733,81226.314.75$20,025
Aug 2003333,45829.765.13$18,721
Jul 2003773,74329.415.17$21,619
Jun 2003774,46528.565.98$28,913
May 2003925,07226.595.97$32,740
Apr 2003664,94826.675.41$28,515
Mar 20031175,22631.146.10$35,501
Feb 2003814,72633.487.93$40,170
Jan 2003705,80430.315.58$34,520
Dec 2002835,14326.914.85$27,196
Nov 2002885,66524.664.14$25,606
Oct 2002653,72326.464.23$17,465
Sep 2002704,16927.443.64$17,076
Aug 2002566,01625.963.16$20,489
Jul 2002695,99124.583.06$20,039
Jun 2002715,60123.733.34$20,382
May 2002805,83624.663.58$22,889
Apr 2002626,29223.653.51$23,566
Mar 2002596,08122.003.10$20,166
Feb 2002434,62118.222.38$11,761
Jan 2002726,11117.172.38$15,754
Dec 20011086,60816.932.36$17,452
Nov 20011966,85118.072.41$20,022
Oct 20011866,72119.782.53$20,676
Sep 2001826,84324.262.25$17,395
Aug 2001857,66124.873.05$25,504
Jul 20011047,83723.933.20$27,544
Jun 2001716,52124.563.82$26,681
May 20011127,81525.524.31$36,520
Apr 20011267,89524.685.34$45,232
Mar 2001947,66024.545.38$43,490
Feb 20011085,21527.755.77$33,072
Jan 20011155,83127.478.40$52,132
Dec 200034,37226.889.12$39,964
Nov 200054,73732.215.66$26,963
Oct 200054,74331.235.15$24,561
Sep 200093,98831.875.19$20,971
Aug 2000762,23429.644.54$12,397
Jul 2000753,88228.534.09$18,016
Jun 2000834,98229.304.40$24,339
May 2000746,03827.263.68$24,236
Apr 2000846,20124.513.12$21,381
Mar 2000684,79728.422.86$15,651
Feb 20001387,49727.622.73$24,252
Jan 20001417,94125.272.48$23,261
Dec 19991418,39124.282.42$23,761
Nov 19991439,15123.192.43$25,590
Oct 1999957,35120.982.80$22,603
Sep 1999625,05021.752.62$14,574
Aug 1999736,57019.262.88$20,299
Jul 19991028,92217.892.37$22,991
Jun 1999816,25515.942.36$16,066
May 1999696,35315.792.32$15,835
Apr 1999816,69015.102.21$15,995
Mar 19991118,61212.471.84$17,216
Feb 19991137,4809.981.82$14,725
Jan 199915110,24510.381.90$21,032
Dec 199815210,1409.201.77$19,380
Nov 19981159,85010.892.19$22,782
Oct 199812510,50112.421.97$22,231
Sep 19981029,34612.592.08$20,748
Aug 199813711,01011.301.91$22,548
Jul 199812510,95511.742.24$25,977
Jun 199814010,21611.242.24$24,430
May 199816511,86112.622.21$28,252
Apr 199816211,43713.042.51$30,766
Mar 199818412,13112.802.31$30,371
Feb 199817911,05513.952.30$27,914
Jan 199820013,42514.702.15$31,868
Dec 199720515,51816.322.41$40,761
Nov 199733617,72218.193.09$60,842
Oct 199727118,54319.253.15$63,624
Sep 199726221,77417.742.95$68,987
Aug 199726618,69417.862.55$52,509
Jul 199732220,50217.582.25$51,728
Jun 199744221,40617.242.26$55,938
May 199735122,94318.972.31$59,622
Apr 199772728,87817.882.08$73,145
Mar 199732512,64418.951.94$30,677

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 2019 — as filed, then multipliedworked
Condensate             1 bbl  × $ 56.27 =        $56
Gas                  311 Mcf  × $  2.46 =       $765

────────────────────────────────────────────────────
Month total                                     $821

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/167880 is the state's own key, not one this site invented.