ADAMS

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) in the STOCKMAN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203542District 06Field 862333002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
May 2004 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
265
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 102 leases and 102 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
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 2011-10-11.

The Commission's schedule remark for this field reads: FROM OCTOBER TO DECEMBER.

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 Gas112004-10-21158296
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
CondensateDisposition4,858 bbl$303,974
GasProduction603,438 Mcf$3,677,431
Total$3,981,405

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 31.7630, -94.3652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76295, -94.36520 · 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
10,523 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 10,523 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-41930917410,523 ftAug 2005

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 (265)

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

265 months

May 20260273106.413.05$832
Apr 2026026798.932.87$766
Mar 2026030089.753.15$945
Feb 2026026963.503.75$1,009
Jan 2026029959.138.00$2,391
Dec 2025028956.664.41$1,275
Nov 2025028458.593.93$1,115
Oct 2025028959.383.30$955
Sep 2025027662.743.08$849
Aug 2025028263.933.01$850
Jul 2025026966.743.32$892
Jun 202501766.483.13$53
May 2025027060.553.23$873
Apr 2025028662.363.54$1,013
Mar 2025029167.704.27$1,242
Feb 2025025870.884.34$1,120
Jan 2025028374.324.28$1,211
Dec 2024027968.993.12$871
Nov 2024028969.052.20$635
Oct 2024131771.372.28$795
Sep 2024032169.612.36$759
Aug 2024034175.632.06$704
Jul 2024031679.932.15$678
Jun 2024132178.082.63$924
May 2024128278.812.20$699
Apr 2024129384.451.66$571
Mar 2024130280.301.55$547
Feb 2024130876.091.78$625
Jan 2024020573.023.30$676
Dec 2023030271.262.61$788
Nov 2023032877.892.81$921
Oct 2023128385.443.09$959
Sep 2023134089.042.74$1,019
Aug 2023134980.522.67$1,013
Jul 2023135374.852.64$1,007
Jun 2023134668.962.26$850
May 2023137370.622.23$901
Apr 2023134978.122.24$859
Mar 2023134472.852.39$896
Feb 2023130875.112.47$835
Jan 2023227176.533.39$1,071
Dec 2022222776.415.73$1,453
Nov 2022225685.005.65$1,615
Oct 2022231287.185.86$2,004
Sep 2022229984.888.16$2,611
Aug 2022233794.529.13$3,265
Jul 20221348101.587.54$2,726
Jun 20221351115.097.98$2,915
May 20226365109.378.43$3,734
Apr 2022415104.226.84$519
Mar 202210525108.885.08$3,754
Feb 2022641491.054.86$2,558
Jan 2022759781.844.54$3,282
Dec 20211167471.323.90$3,413
Nov 2021457077.435.24$3,295
Oct 2021545679.795.71$3,004
Sep 20211289569.865.35$5,627
Aug 202171,12666.024.22$5,215
Jul 202161,12070.783.98$4,885
Jun 2021111,16269.493.38$4,693
May 202191,28263.483.02$4,440
Apr 2021151,15460.362.76$4,089
Mar 20211792161.302.72$3,544
Feb 20211271357.805.55$4,649
Jan 20211396050.412.81$3,353
Dec 2020211,08844.642.68$3,848
Nov 20201999138.772.71$3,419
Oct 2020201,03536.972.48$3,305
Sep 2020131,00837.091.99$2,489
Aug 2020211,04939.982.39$3,342
Jul 20202095038.371.83$2,501
Jun 2020161,00834.901.69$2,262
May 2020899316.921.81$1,937
Apr 20201097314.751.80$1,903
Mar 20201586130.341.86$2,053
Feb 2020587449.881.98$1,981
Jan 20201597057.252.09$2,891
Dec 201933159.012.30$248
Nov 2019579455.302.75$2,461
Oct 2019692653.472.42$2,560
Sep 2019582255.052.66$2,460
Aug 2019880153.112.30$2,271
Jul 201921,10456.272.46$2,828
Jun 201901,78152.782.49$4,437
May 201902,42558.482.74$6,645
Apr 201902,28862.632.75$6,294
Mar 201901,89956.803.06$5,815
Feb 201901,28750.852.79$3,594
Jan 201901,51446.033.23$4,887
Dec 201801,79846.594.19$7,525
Nov 201801,57552.934.24$6,674
Oct 201801,93261.443.40$6,565
Sep 201801,85259.543.11$5,756
Aug 201801,96959.403.07$6,038
Jul 201801,81465.142.93$5,318
Jun 2018096260.183.08$2,960
May 2018099265.382.90$2,878
Apr 2018097763.842.90$2,834
Mar 2018097661.222.79$2,720
Feb 2018098161.782.77$2,714
Jan 201801,19562.874.01$4,791
Dec 201701,12857.272.92$3,295
Nov 201701,07455.423.12$3,349
Oct 201701,03649.292.98$3,091
Sep 201701,68847.523.09$5,211
Aug 201702,90045.373.00$8,713
Jul 201703,08043.873.09$9,509
Jun 201702,91342.493.09$8,993
May 201702,00345.373.26$6,537
Apr 201701,36247.933.21$4,374
Mar 201701,15346.772.98$3,440
Feb 2017091950.452.95$2,713
Jan 201701,15349.413.42$3,942
Dec 201601,03248.763.72$3,842
Nov 201601,01442.492.64$2,681
Oct 201601,29046.193.09$3,986
Sep 201601,11441.553.10$3,454
Aug 201601,14841.442.92$3,357
Jul 201601,07541.622.92$3,144
Jun 201601,15045.352.69$3,089
May 201621,27042.521.99$2,614
Apr 2016141,48936.561.99$3,477
Mar 201691,58433.011.79$3,139
Feb 201691,45526.472.06$3,241
Jan 2016131,49327.352.36$3,886
Dec 2015151,52832.362.00$3,544
Nov 2015141,30138.792.17$3,363
Oct 2015887343.552.43$2,467
Sep 2015141,69242.992.76$5,269
Aug 201571,60540.162.87$4,891
Jul 201581,67748.152.95$5,324
Jun 201581,44856.152.88$4,624
May 2015131,87755.212.96$6,265
Apr 2015112,02549.822.71$6,029
Mar 2015191,87442.892.93$6,315
Feb 2015161,73944.662.98$5,890
Jan 2015201,46243.433.10$5,402
Dec 2014221,64954.693.59$7,125
Nov 2014111,72470.464.25$8,105
Oct 2014131,92778.303.90$8,535
Sep 2014111,97986.164.05$8,954
Aug 2014102,04489.394.04$9,142
Jul 2014151,67096.564.18$8,428
Jun 2014231,79298.164.74$10,746
May 2014151,64594.734.73$9,196
Apr 2014191,58595.944.81$9,445
Mar 2014231,80095.895.06$11,308
Feb 201481,28497.406.19$8,730
Jan 2014161,74190.404.86$9,909
Dec 2013121,21991.824.35$6,410
Nov 2013151,45688.853.74$6,776
Oct 2013151,71797.423.78$7,950
Sep 2013141,622104.113.72$7,488
Aug 2013131,693104.253.52$7,319
Jul 2013191,748102.523.72$8,446
Jun 201381,50194.403.93$6,659
May 2013101,75894.834.15$8,242
Apr 2013211,57693.964.28$8,723
Mar 2013281,78193.623.91$9,590
Feb 201331,61891.233.42$5,807
Jan 201391,84591.603.42$7,134
Dec 201271,87886.773.42$7,030
Nov 201281,74086.953.62$7,003
Oct 201261,78189.383.40$6,591
Sep 201271,83994.672.92$6,030
Aug 2012211,94292.662.91$7,594
Jul 2012452,10485.133.02$10,187
Jun 2012342,09379.822.52$7,986
May 2012372,14991.612.49$8,737
Apr 2012322,208101.652.00$7,662
Mar 201292,089105.052.22$5,587
Feb 2012311,905101.102.57$8,030
Jan 2012132,00598.092.73$6,757
Dec 2011251,95196.873.24$8,742
Nov 2011211,79695.723.31$7,957
Oct 2011171,99384.983.65$8,716
Sep 2011242,04883.623.99$10,170
Aug 2011231,58583.404.15$8,495
Jul 2011161,51694.144.52$8,354
Jun 2011151,45892.904.64$8,158
May 201141,48298.134.40$6,920
Apr 201131,471105.964.33$6,692
Mar 201141,66096.364.06$7,121
Feb 201131,51685.644.18$6,594
Jan 201131,91686.504.59$9,052
Dec 201061,73985.734.35$8,075
Nov 2010102,20180.843.80$9,162
Oct 2010162,50978.103.51$10,053
Sep 2010192,50072.633.98$11,329
Aug 2010242,61973.684.42$13,343
Jul 2010242,57172.554.74$13,919
Jun 2010142,46370.364.91$13,079
May 2010152,58171.124.24$11,998
Apr 201002,58781.694.12$10,665
Mar 201002,62278.394.39$11,507
Feb 201002,50673.585.44$13,639
Jan 201002,77574.365.96$16,550
Dec 200902,13771.445.48$11,719
Nov 200902,09174.593.75$7,844
Oct 200902,21572.544.11$9,104
Sep 200901,60865.543.06$4,928
Aug 200902,07667.423.22$6,682
Jul 200902,28061.133.46$7,899
Jun 200902,22566.163.90$8,666
May 200902,32454.743.93$9,123
Apr 200902,49146.773.59$8,936
Mar 200902,02742.144.06$8,228
Feb 200903,04132.814.63$14,089
Jan 200903,14035.865.37$16,865
Dec 200802,94737.105.98$17,615
Nov 200802,93355.496.86$20,121
Oct 200803,04575.246.92$21,077
Sep 200803,077101.767.88$24,238
Aug 200803,226114.228.48$27,366
Jul 200804,272131.0811.39$48,656
Jun 200804,770131.3313.03$62,166
May 200824,398123.1711.57$51,150
Apr 2008165,304110.3110.45$57,218
Mar 2008247,515101.909.66$75,071
Feb 2008315,04692.538.77$47,125
Jan 2008324,48990.388.21$39,728
Dec 2007334,86388.337.30$38,424
Nov 2007434,43791.677.29$36,295
Oct 2007924,04182.856.92$35,594
Sep 200704,67375.846.24$29,179
Aug 20071555,07869.066.39$43,142
Jul 200705,30670.906.39$33,894
Jun 200705,36062.007.55$40,460
May 20071555,48758.747.85$52,157
Apr 200705,38059.617.81$41,992
Mar 20071684,79056.927.30$44,539
Feb 200705,02255.108.22$41,261
Jan 200706,29550.306.73$42,346
Dec 20061355,70156.656.92$47,090
Nov 200601,49654.207.62$11,396
Oct 200604,08654.906.01$24,572
Sep 200604,56560.085.04$22,995
Aug 20061615,70768.717.34$52,951
Jul 200606,19969.376.34$39,319
Jun 20061525,60366.286.38$45,843
May 200607,17466.016.42$46,093
Apr 20061539,63764.397.36$80,785
Mar 200606,13956.707.08$43,482
Feb 20061589,01957.597.75$79,007
Jan 200609,54660.598.93$85,277
Dec 20051819,72254.9413.42$140,369
Nov 20051439,56754.6910.59$109,120
Oct 200515211,27958.3413.80$164,470
Sep 2005011,45761.4512.08$138,389
Aug 20058112,94261.519.80$131,773
Jul 200515114,67355.697.84$123,499
Jun 200514915,10052.337.38$119,251
May 20051548,72245.226.65$64,975
Apr 20050049.207.36$0
Mar 200502,28750.377.15$16,363
Feb 20051363,30445.226.31$27,005
Jan 200504,09543.166.32$25,889
Dec 200403,95739.866.75$26,714
Nov 20041265,35345.286.33$39,592
Oct 20041432,72749.706.52$24,874
Sep 20041538,53543.245.28$51,714
Aug 200429498042.375.55$17,896
Jul 200406,02838.286.08$36,675
Jun 2004015,72136.106.43$101,134
May 200402,31637.486.49$15,041

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  273 Mcf  × $  3.05 =       $832

────────────────────────────────────────────────────
Month total                                     $832

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/203542 is the state's own key, not one this site invented.