CAPPS GAS UNIT

Name: CAPPS GAS UNIT lease production and value, May 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) 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 169663District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$604 k

May 1998 – Apr 2019

Value, last 12 filed months

at the published price for each month

Months reported

252

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1998-09-10	139261
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,079 bbl	$77,109
Gas	Production	135,496 Mcf	$526,685
Total			$603,794

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 32.0934, -94.2493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09342, -94.24928 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,350 ft

1 wells filed one

Completion to plug

4.6 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 9,350 ft.

Completions filed

Apr 2019

1 of 1 wells

Plug dates filed

Nov 2023

1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36533791	6	9,350 ft	Apr 2019	Nov 2023	Yes

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 (252)

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

252 months


Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	1	55.21	2.96	$3
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	7	88.85	3.74	$26
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	28	104.25	3.52	$99
Jul 2013	0	14	102.52	3.72	$52
Jun 2013	0	64	94.40	3.93	$252
May 2013	0	132	94.83	4.15	$548
Apr 2013	0	77	93.96	4.28	$330
Mar 2013	0	97	93.62	3.91	$380
Feb 2013	0	115	91.23	3.42	$393
Jan 2013	0	62	91.60	3.42	$212
Dec 2012	0	64	86.77	3.42	$219
Nov 2012	0	59	86.95	3.62	$214
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	50	94.67	2.92	$146
Aug 2012	0	90	92.66	2.91	$262
Jul 2012	0	132	85.13	3.02	$399
Jun 2012	0	46	79.82	2.52	$116
May 2012	0	93	91.61	2.49	$231
Apr 2012	0	44	101.65	2.00	$88
Mar 2012	0	41	105.05	2.22	$91
Feb 2012	0	104	101.10	2.57	$267
Jan 2012	0	109	98.09	2.73	$298
Dec 2011	0	94	96.87	3.24	$305
Nov 2011	0	140	95.72	3.31	$464
Oct 2011	0	137	84.98	3.65	$500
Sep 2011	0	104	83.62	3.99	$415
Aug 2011	0	191	83.40	4.15	$793
Jul 2011	0	166	94.14	4.52	$750
Jun 2011	0	113	92.90	4.64	$524
May 2011	0	212	98.13	4.40	$934
Apr 2011	0	104	105.96	4.33	$451
Mar 2011	0	167	96.36	4.06	$678
Feb 2011	0	148	85.64	4.18	$619
Jan 2011	0	188	86.50	4.59	$863
Dec 2010	0	171	85.73	4.35	$743
Nov 2010	0	220	80.84	3.80	$835
Oct 2010	0	248	78.10	3.51	$870
Sep 2010	0	163	72.63	3.98	$649
Aug 2010	0	115	73.68	4.42	$508
Jul 2010	0	177	72.55	4.74	$838
Jun 2010	0	179	70.36	4.91	$879
May 2010	0	251	71.12	4.24	$1,063
Apr 2010	0	267	81.69	4.12	$1,101
Mar 2010	0	236	78.39	4.39	$1,036
Feb 2010	0	144	73.58	5.44	$784
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	268	66.28	6.38	$1,711
May 2006	0	336	66.01	6.42	$2,159
Apr 2006	0	176	64.39	7.36	$1,295
Mar 2006	1	844	56.70	7.08	$6,035
Feb 2006	3	630	57.59	7.75	$5,056
Jan 2006	3	577	60.59	8.93	$5,336
Dec 2005	4	863	54.94	13.42	$11,797
Nov 2005	3	800	54.69	10.59	$8,635
Oct 2005	10	993	58.34	13.80	$14,283
Sep 2005	32	898	61.45	12.08	$12,813
Aug 2005	59	1,344	61.51	9.80	$16,796
Jul 2005	56	825	55.69	7.84	$9,590
Jun 2005	48	908	52.33	7.38	$9,214
May 2005	49	1,021	45.22	6.65	$9,007
Apr 2005	82	1,505	49.20	7.36	$15,112
Mar 2005	35	1,203	50.37	7.15	$10,370
Feb 2005	29	1,444	45.22	6.31	$10,426
Jan 2005	44	1,824	43.16	6.32	$13,431
Dec 2004	29	1,746	39.86	6.75	$12,943
Nov 2004	9	1,183	45.28	6.33	$7,896
Oct 2004	18	1,421	49.70	6.52	$10,153
Sep 2004	60	1,168	43.24	5.28	$8,766
Aug 2004	28	1,300	42.37	5.55	$8,402
Jul 2004	9	637	38.28	6.08	$4,220
Jun 2004	10	597	36.10	6.43	$4,202
May 2004	23	559	37.48	6.49	$4,493
Apr 2004	5	479	34.47	5.86	$2,979
Mar 2004	0	674	34.36	5.53	$3,727
Feb 2004	0	1,382	32.45	5.51	$7,614
Jan 2004	0	23	32.03	6.30	$145
Dec 2003	0	77	30.26	6.30	$485
Nov 2003	0	5	28.80	4.60	$23
Oct 2003	0	99	28.17	4.76	$471
Sep 2003	0	53	26.31	4.75	$252
Aug 2003	0	114	29.76	5.13	$585
Jul 2003	0	529	29.41	5.17	$2,735
Jun 2003	0	240	28.56	5.98	$1,436
May 2003	0	133	26.59	5.97	$794
Apr 2003	0	399	26.67	5.41	$2,158
Mar 2003	0	980	31.14	6.10	$5,974
Feb 2003	11	481	33.48	7.93	$4,181
Jan 2003	64	446	30.31	5.58	$4,429
Dec 2002	76	484	26.91	4.85	$4,394
Nov 2002	70	743	24.66	4.14	$4,800
Oct 2002	72	702	26.46	4.23	$4,874
Sep 2002	43	351	27.44	3.64	$2,456
Aug 2002	46	660	25.96	3.16	$3,283
Jul 2002	48	607	24.58	3.06	$3,038
Jun 2002	43	535	23.73	3.34	$2,806
May 2002	32	507	24.66	3.58	$2,606
Apr 2002	31	499	23.65	3.51	$2,486
Mar 2002	45	564	22.00	3.10	$2,740
Feb 2002	52	739	18.22	2.38	$2,703
Jan 2002	39	312	17.17	2.38	$1,411
Dec 2001	56	842	16.93	2.36	$2,939
Nov 2001	35	851	18.07	2.41	$2,680
Oct 2001	25	603	19.78	2.53	$2,019
Sep 2001	23	723	24.26	2.25	$2,186
Aug 2001	1	751	24.87	3.05	$2,318
Jul 2001	1	730	23.93	3.20	$2,358
Jun 2001	1	679	24.56	3.82	$2,621
May 2001	1	835	25.52	4.31	$3,622
Apr 2001	1	683	24.68	5.34	$3,669
Mar 2001	1	744	24.54	5.38	$4,025
Feb 2001	1	828	27.75	5.77	$4,803
Jan 2001	2	886	27.47	8.40	$7,496
Dec 2000	3	608	26.88	9.12	$5,627
Nov 2000	14	782	32.21	5.66	$4,876
Oct 2000	13	1,020	31.23	5.15	$5,654
Sep 2000	18	1,189	31.87	5.19	$6,740
Aug 2000	21	2,063	29.64	4.54	$9,990
Jul 2000	25	2,125	28.53	4.09	$9,404
Jun 2000	21	2,129	29.30	4.40	$9,977
May 2000	25	2,498	27.26	3.68	$9,874
Apr 2000	30	0	24.51	3.12	$735
Mar 2000	35	2,528	28.42	2.86	$8,224
Feb 2000	31	2,331	27.62	2.73	$7,212
Jan 2000	39	2,468	25.27	2.48	$7,107
Dec 1999	32	2,569	24.28	2.42	$7,004
Nov 1999	30	2,762	23.19	2.43	$7,418
Oct 1999	28	3,066	20.98	2.80	$9,184
Sep 1999	28	2,710	21.75	2.62	$7,706
Aug 1999	21	2,835	19.26	2.88	$8,557
Jul 1999	28	3,125	17.89	2.37	$7,915
Jun 1999	93	3,285	15.94	2.36	$9,242
May 1999	92	3,348	15.79	2.32	$9,223
Apr 1999	121	3,625	15.10	2.21	$9,831
Mar 1999	163	3,834	12.47	1.84	$9,081
Feb 1999	66	3,758	9.98	1.82	$7,490
Jan 1999	122	4,695	10.38	1.90	$10,187
Dec 1998	113	5,700	9.20	1.77	$11,148
Nov 1998	19	4,035	10.89	2.19	$9,026
Oct 1998	62	2,438	12.42	1.97	$5,571
Sep 1998	56	2,041	12.59	2.08	$4,956
Aug 1998	103	3,468	11.30	1.91	$7,779
Jul 1998	158	5,167	11.74	2.24	$13,415
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	888	12.62	2.21	$1,959

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.

May 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 55.21 =         $0
Gas                    1 Mcf  × $  2.96 =         $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/169663 is the state's own key, not one this site invented.