SHERMAN

Operated by ADAMAS ENERGY LLC (P-5 103913) in the OLIVER CREEK (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202312District 06Field 671723802 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Apr 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
266
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1998-08-26
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-11-20.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112009-03-09189859
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
CondensateDisposition5,931 bbl$346,079
GasProduction570,321 Mcf$3,820,618
Total$4,166,698

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 31.7332, -94.2779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73316, -94.27785 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,200 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
00.0%
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.
1100.0%

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 10,200 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-41930901210,200 ftApr 2004

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 (266)

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

266 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
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 20190253.472.42$5
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201907156.272.46$175
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901362.632.75$36
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 20180361.443.40$10
Sep 20180059.543.11$0
Aug 20180659.403.07$18
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201803465.382.90$99
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 201704749.292.98$140
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201703043.873.09$93
Jun 201704342.493.09$133
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 201602848.763.72$104
Nov 20160742.492.64$19
Oct 20160946.193.09$28
Sep 201601741.553.10$53
Aug 201601141.442.92$32
Jul 201606641.622.92$193
Jun 20160545.352.69$13
May 201603842.521.99$76
Apr 201607336.561.99$145
Mar 201601,36933.011.79$2,456
Feb 201601,85126.472.06$3,820
Jan 201601,54227.352.36$3,646
Dec 201501,38032.362.00$2,762
Nov 201501,30638.792.17$2,831
Oct 201501,29543.552.43$3,142
Sep 201501,99942.992.76$5,514
Aug 201572,02740.162.87$6,104
Jul 201502,28348.152.95$6,724
Jun 201502,11756.152.88$6,103
May 2015063955.212.96$1,889
Apr 2015031749.822.71$858
Mar 201501042.892.93$29
Feb 2015086044.662.98$2,560
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 20141095.944.81$96
Mar 201401595.895.06$76
Feb 201401297.406.19$74
Jan 201402290.404.86$107
Dec 201302191.824.35$91
Nov 201301788.853.74$64
Oct 201301697.423.78$60
Sep 20136120104.113.72$6,425
Aug 2013021104.253.52$74
Jul 201318121102.523.72$18,634
Jun 201302794.403.93$106
May 201302294.834.15$91
Apr 201302493.964.28$103
Mar 201301993.623.91$74
Feb 201302491.233.42$82
Jan 201303291.603.42$109
Dec 201203086.773.42$103
Nov 201202186.953.62$76
Oct 201202689.383.40$88
Sep 201203994.672.92$114
Aug 201202492.662.91$70
Jul 20120085.133.02$0
Jun 201204379.822.52$108
May 2012010591.612.49$261
Apr 201212,114101.652.00$4,323
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20111195.723.31$99
Oct 20110084.983.65$0
Sep 20112283.623.99$175
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201103298.134.40$141
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201002085.734.35$87
Nov 201001680.843.80$61
Oct 2010306978.103.51$2,585
Sep 2010361,96072.633.98$10,414
Aug 201003,39273.684.42$14,990
Jul 201003,33972.554.74$15,815
Jun 201003,50270.364.91$17,196
May 20101383,51171.124.24$24,684
Apr 2010583,57781.694.12$19,485
Mar 201003,66178.394.39$16,067
Feb 201003,21373.585.44$17,486
Jan 2010994,66374.365.96$35,172
Dec 200902,27671.445.48$12,481
Nov 200903,73274.593.75$14,001
Oct 2009382,92672.544.11$14,783
Sep 200903,24865.543.06$9,954
Aug 2009673,84667.423.22$16,895
Jul 20092884,09361.133.46$31,786
Jun 20091345,01966.163.90$28,414
May 2009774,64554.743.93$22,450
Apr 200904,01246.773.59$14,393
Mar 200903,41142.144.06$13,845
Feb 2009782,92932.814.63$16,129
Jan 2009413,78835.865.37$21,816
Dec 200802,65737.105.98$15,881
Nov 200802,90555.496.86$19,929
Oct 200804,01275.246.92$27,771
Sep 200804,197101.767.88$33,060
Aug 2008424,516114.228.48$43,107
Jul 2008253,925131.0811.39$47,981
Jun 20081701,469131.3313.03$41,471
May 20081223,456123.1711.57$55,027
Apr 200802,799110.3110.45$29,263
Mar 200804,396101.909.66$42,483
Feb 200803,95192.538.77$34,653
Jan 200804,39090.388.21$36,023
Dec 20071784,06388.337.30$45,391
Nov 200703,66091.677.29$26,688
Oct 200704,51682.856.92$31,260
Sep 200703,61575.846.24$22,573
Aug 20071865,20769.066.39$46,107
Jul 200705,08470.906.39$32,476
Jun 200704,72362.007.55$35,651
May 200704,74658.747.85$37,238
Apr 2007285,25859.617.81$42,709
Mar 200706,64556.927.30$48,522
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200618311054.207.62$10,757
Oct 200604,37954.906.01$26,334
Sep 200606,89260.085.04$34,716
Aug 200601,74568.717.34$12,808
Jul 200605,45669.376.34$34,606
Jun 200605,43466.286.38$34,690
May 20061896,92566.016.42$56,969
Apr 200606,87064.397.36$50,567
Mar 200604,88856.707.08$34,621
Feb 200606,57957.597.75$50,995
Jan 200607,98960.598.93$71,368
Dec 20051787,93554.9413.42$116,231
Nov 200508,71554.6910.59$92,278
Oct 2005110,73858.3413.80$148,197
Sep 20051758,21461.4512.08$109,971
Aug 2005110,16961.519.80$99,686
Jul 200516910,62055.697.84$92,711
Jun 2005210,98952.337.38$81,215
May 200517912,08745.226.65$88,487
Apr 2005012,56249.207.36$92,462
Mar 200517413,31750.377.15$104,046
Feb 2005012,07345.226.31$76,204
Jan 200524213,36643.166.32$94,947
Dec 200428316,76939.866.75$124,489
Nov 20046318,29045.286.33$118,636
Oct 200430621,15849.706.52$153,055
Sep 200433125,30543.245.28$148,022
Aug 200426033,15542.375.55$195,048
Jul 200464938,80838.286.08$260,959
Jun 200443737,40036.106.43$256,371
May 2004204,09837.486.49$27,364
Apr 20040034.475.86$0

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.

Oct 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.47 =         $0
Gas                    2 Mcf  × $  2.42 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/202312 is the state's own key, not one this site invented.