NEAL

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 202791District 06Field 160321742 tax incentive programmesGasSaveExport
Value, all time
$4.2 M
Apr 2004 – Jun 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
no gaps in the span
Streams
1
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 Gas112004-10-21157980
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
GasProduction623,309 Mcf$4,197,836
Total$4,197,836

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 32.1646, -94.2914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16459, -94.29145 · 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
0.0%
0 of 1 wells
Median depth
9,672 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
1100.0%
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.
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 9,672 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-3653514569,672 ftMay 2018Yes

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 (171)

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

171 months

Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 20176647.933.21$212
Mar 201729346.772.98$874
Feb 201726450.452.95$779
Jan 201730049.413.42$1,026
Dec 201630148.763.72$1,121
Nov 2016042.492.64$0
Oct 201629946.193.09$924
Sep 201631141.553.10$964
Aug 201634441.442.92$1,006
Jul 201639841.622.92$1,164
Jun 201639845.352.69$1,069
May 201642142.521.99$838
Apr 201642236.561.99$840
Mar 201642933.011.79$770
Feb 201640226.472.06$830
Jan 201642627.352.36$1,007
Dec 201544632.362.00$893
Nov 201542538.792.17$921
Oct 201546243.552.43$1,121
Sep 201542142.992.76$1,161
Aug 201542040.162.87$1,206
Jul 201543148.152.95$1,269
Jun 201543256.152.88$1,245
May 201544455.212.96$1,312
Apr 201546449.822.71$1,256
Mar 201546642.892.93$1,368
Feb 201545144.662.98$1,342
Jan 201548843.433.10$1,513
Dec 201452354.693.59$1,878
Nov 201451670.464.25$2,194
Oct 201460278.303.90$2,348
Sep 201461386.164.05$2,480
Aug 201462589.394.04$2,522
Jul 201466696.564.18$2,784
Jun 201476798.164.74$3,633
May 201473494.734.73$3,469
Apr 201468995.944.81$3,313
Mar 201475795.895.06$3,828
Feb 201469697.406.19$4,310
Jan 201478390.404.86$3,806
Dec 201382891.824.35$3,606
Nov 201386388.853.74$3,226
Oct 201382797.423.78$3,126
Sep 2013792104.113.72$2,944
Aug 2013783104.253.52$2,758
Jul 2013890102.523.72$3,309
Jun 201399494.403.93$3,910
May 20131,09694.834.15$4,547
Apr 20131,11993.964.28$4,792
Mar 20131,16993.623.91$4,574
Feb 20131,07391.233.42$3,670
Jan 20131,19791.603.42$4,094
Dec 20121,01286.773.42$3,461
Nov 201276786.953.62$2,780
Oct 201249489.383.40$1,679
Sep 20121,19494.672.92$3,485
Aug 20121,24092.662.91$3,606
Jul 20121,14685.133.02$3,462
Jun 20121,25379.822.52$3,156
May 20121,26191.612.49$3,138
Apr 20121,105101.652.00$2,206
Mar 2012996105.052.22$2,213
Feb 20121,170101.102.57$3,007
Jan 20121,36698.092.73$3,735
Dec 201197996.873.24$3,172
Nov 20111,34195.723.31$4,440
Oct 20111,33584.983.65$4,871
Sep 20111,54083.623.99$6,138
Aug 20111,52783.404.15$6,336
Jul 20111,65794.144.52$7,485
Jun 20111,48992.904.64$6,909
May 20111,48798.134.40$6,550
Apr 20111,457105.964.33$6,314
Mar 20111,05996.364.06$4,297
Feb 20111,24085.644.18$5,183
Jan 20111,41086.504.59$6,470
Dec 20101,39885.734.35$6,078
Nov 20101,44780.843.80$5,492
Oct 20101,51778.103.51$5,323
Sep 20101,30872.633.98$5,205
Aug 20101,52373.684.42$6,731
Jul 20101,73972.554.74$8,237
Jun 20101,76770.364.91$8,677
May 20101,95771.124.24$8,288
Apr 20102,28981.694.12$9,437
Mar 20102,43778.394.39$10,695
Feb 20102,27173.585.44$12,360
Jan 20102,53374.365.96$15,107
Dec 20092,62571.445.48$14,395
Nov 20092,60474.593.75$9,769
Oct 20092,88372.544.11$11,850
Sep 20092,88965.543.06$8,854
Aug 20093,05867.423.22$9,842
Jul 20093,04161.133.46$10,536
Jun 20093,10866.163.90$12,106
May 20093,34054.743.93$13,112
Apr 20093,31346.773.59$11,885
Mar 20093,78342.144.06$15,355
Feb 20091,28432.814.63$5,949
Jan 20093,15435.865.37$16,940
Dec 20083,66837.105.98$21,924
Nov 20083,78055.496.86$25,932
Oct 20083,90175.246.92$27,003
Sep 20083,339101.767.88$26,302
Aug 20084,546114.228.48$38,564
Jul 20084,370131.0811.39$49,772
Jun 20084,134131.3313.03$53,877
May 20083,764123.1711.57$43,566
Apr 20083,984110.3110.45$41,652
Mar 20084,123101.909.66$39,845
Feb 20084,10792.538.77$36,021
Jan 20084,30990.388.21$35,358
Dec 20074,64488.337.30$33,910
Nov 20073,47591.677.29$25,339
Oct 20074,02282.856.92$27,840
Sep 20074,54575.846.24$28,380
Aug 20075,16769.066.39$33,006
Jul 20074,96670.906.39$31,723
Jun 20075,11762.007.55$38,625
May 20075,59458.747.85$43,892
Apr 20075,88259.617.81$45,910
Mar 20076,08456.927.30$44,425
Feb 20075,79655.108.22$47,620
Jan 20076,92050.306.73$46,550
Dec 20067,14156.656.92$49,405
Nov 20067,05354.207.62$53,726
Oct 20067,10754.906.01$42,740
Sep 20067,14960.085.04$36,011
Aug 20067,12568.717.34$52,297
Jul 20067,73569.376.34$49,061
Jun 20066,91866.286.38$44,164
May 20067,15366.016.42$45,958
Apr 20067,37464.397.36$54,276
Mar 20067,32456.707.08$51,875
Feb 20066,77057.597.75$52,475
Jan 20068,71560.598.93$77,854
Dec 20059,21754.9413.42$123,650
Nov 20058,62554.6910.59$91,325
Oct 20059,86958.3413.80$136,150
Sep 20059,25161.4512.08$111,743
Aug 200510,88261.519.80$106,609
Jul 200511,52855.697.84$90,421
Jun 200510,20052.337.38$75,287
May 200511,36445.226.65$75,584
Apr 200511,69349.207.36$86,066
Mar 200512,84650.377.15$91,912
Feb 200511,34745.226.31$71,621
Jan 200513,07243.166.32$82,644
Dec 200413,52039.866.75$91,275
Nov 200414,62845.286.33$92,601
Oct 200416,70949.706.52$108,861
Sep 200419,41943.245.28$102,608
Aug 200420,94642.375.55$116,264
Jul 200422,66938.286.08$137,922
Jun 200427,01036.106.43$173,756
May 200434,64637.486.49$225,011
Apr 20049,24834.475.86$54,179

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.

Apr 2017 — as filed, then multipliedworked
Gas                   66 Mcf  × $  3.21 =       $212

────────────────────────────────────────────────────
Month total                                     $212

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/202791 is the state's own key, not one this site invented.