DENNARD UNIT

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207534District 06Field 160328122 tax incentive programmesCondensateGasSaveExport
Value, all time
$412 k
Dec 2004 – Aug 2016
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
141
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
as the register files it
Field class
Oil and 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 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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 Gas112005-07-12160678
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
CondensateDisposition86 bbl$4,858
GasProduction60,180 Mcf$406,992
Total$411,849

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 32.1383, -94.2732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13828, -94.27318 · 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
9,624 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 9,624 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-3653129039,624 ftAug 2016Yes

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 (141)

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

141 months

Aug 20160041.442.92$0
Jul 2016010141.622.92$295
Jun 2016019145.352.69$513
May 201608342.521.99$165
Apr 2016012636.561.99$251
Mar 2016016033.011.79$287
Feb 201608726.472.06$180
Jan 2016026627.352.36$629
Dec 2015012232.362.00$244
Nov 2015012538.792.17$271
Oct 2015011943.552.43$289
Sep 2015022642.992.76$623
Aug 2015013740.162.87$394
Jul 2015020848.152.95$613
Jun 201509556.152.88$274
May 2015021955.212.96$647
Apr 201508749.822.71$235
Mar 2015016642.892.93$487
Feb 2015013644.662.98$405
Jan 2015016543.433.10$512
Dec 2014026454.693.59$948
Nov 2014016170.464.25$685
Oct 2014019578.303.90$761
Sep 2014025086.164.05$1,011
Aug 2014015989.394.04$642
Jul 2014020296.564.18$844
Jun 2014016298.164.74$767
May 2014020694.734.73$974
Apr 2014017395.944.81$832
Mar 2014019795.895.06$996
Feb 2014012597.406.19$774
Jan 2014019790.404.86$958
Dec 2013020991.824.35$910
Nov 2013020388.853.74$759
Oct 2013016297.423.78$612
Sep 20130149104.113.72$554
Aug 20130254104.253.52$895
Jul 2013071102.523.72$264
Jun 2013022094.403.93$865
May 201307994.834.15$328
Apr 2013023593.964.28$1,006
Mar 2013017893.623.91$696
Feb 2013023291.233.42$793
Jan 201307791.603.42$263
Dec 2012018286.773.42$622
Nov 2012018086.953.62$652
Oct 2012014489.383.40$490
Sep 2012013894.672.92$403
Aug 2012018592.662.91$538
Jul 2012016785.133.02$504
Jun 2012016779.822.52$421
May 2012024791.612.49$615
Apr 20120203101.652.00$405
Mar 20120126105.052.22$280
Feb 20120277101.102.57$712
Jan 2012016298.092.73$443
Dec 2011020096.873.24$648
Nov 2011013295.723.31$437
Oct 2011020784.983.65$755
Sep 2011036583.623.99$1,455
Aug 2011017283.404.15$714
Jul 2011016194.144.52$727
Jun 2011023392.904.64$1,081
May 2011016698.134.40$731
Apr 20110195105.964.33$845
Mar 2011027396.364.06$1,108
Feb 2011021585.644.18$899
Jan 2011020186.504.59$922
Dec 2010031385.734.35$1,361
Nov 2010018080.843.80$683
Oct 2010024678.103.51$863
Sep 2010023272.633.98$923
Aug 2010011873.684.42$521
Jul 2010023972.554.74$1,132
Jun 2010027670.364.91$1,355
May 2010018371.124.24$775
Apr 2010015381.694.12$631
Mar 2010031878.394.39$1,396
Feb 2010023173.585.44$1,257
Jan 2010024074.365.96$1,431
Dec 2009039871.445.48$2,183
Nov 2009011674.593.75$435
Oct 2009019572.544.11$802
Sep 20090065.543.06$0
Aug 2009024967.423.22$801
Jul 2009034461.133.46$1,192
Jun 200904566.163.90$175
May 2009040254.743.93$1,578
Apr 2009010446.773.59$373
Mar 2009024142.144.06$978
Feb 2009011532.814.63$533
Jan 2009033935.865.37$1,821
Dec 2008038737.105.98$2,313
Nov 2008120155.496.86$1,434
Oct 2008136375.246.92$2,588
Sep 20081327101.767.88$2,678
Aug 20080153114.228.48$1,298
Jul 20081304131.0811.39$3,593
Jun 20081388131.3313.03$5,188
May 20082381123.1711.57$4,656
Apr 20085419110.3110.45$4,932
Mar 20083411101.909.66$4,278
Feb 2008027592.538.77$2,412
Jan 2008031390.388.21$2,568
Dec 2007040288.337.30$2,935
Nov 2007039191.677.29$2,851
Oct 2007045282.856.92$3,129
Sep 2007060575.846.24$3,778
Aug 2007028569.066.39$1,821
Jul 2007024170.906.39$1,539
Jun 2007047262.007.55$3,563
May 2007047758.747.85$3,743
Apr 2007049159.617.81$3,832
Mar 2007043556.927.30$3,176
Feb 2007055355.108.22$4,543
Jan 2007069150.306.73$4,648
Dec 2006072056.656.92$4,981
Nov 2006064554.207.62$4,913
Oct 2006077554.906.01$4,661
Sep 2006074260.085.04$3,738
Aug 2006073668.717.34$5,402
Jul 2006080369.376.34$5,093
Jun 2006079566.286.38$5,075
May 2006087466.016.42$5,615
Apr 2006098864.397.36$7,272
Mar 2006093756.707.08$6,637
Feb 2006096757.597.75$7,495
Jan 200601,16960.598.93$10,443
Dec 200501,19254.9413.42$15,991
Nov 200501,21054.6910.59$12,812
Oct 200501,43058.3413.80$19,728
Sep 200501,38961.4512.08$16,778
Aug 200501,95061.519.80$19,104
Jul 2005091755.697.84$7,193
Jun 2005094852.337.38$6,997
May 200511,08545.226.65$7,262
Apr 200551,14749.207.36$8,688
Mar 2005141,67950.377.15$12,718
Feb 2005302,20745.226.31$15,287
Jan 2005213,63343.166.32$23,875
Dec 200404,67139.866.75$31,534

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.62 =         $0
Gas                  101 Mcf  × $  2.92 =       $295

────────────────────────────────────────────────────
Month total                                     $295

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/207534 is the state's own key, not one this site invented.