STROUD

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

Gas lease lease 216686District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Nov 2005 – Feb 2018
Value, last 12 filed months
$282
at the published price for each month
Months reported
148
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
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 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-07-31166804
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
CondensateDisposition3,555 bbl$245,328
GasProduction361,336 Mcf$2,505,268
Total$2,750,596

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 32.4326, -94.1404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43257, -94.14043 · 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
9,700 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 9,700 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-2033318729,700 ftFeb 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 (148)

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

148 months

Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201701143.873.09$34
Jun 201702742.493.09$83
May 201702045.373.26$65
Apr 20170547.933.21$16
Mar 201702846.772.98$84
Feb 20170050.452.95$0
Jan 201702249.413.42$75
Dec 201604548.763.72$168
Nov 201602242.492.64$58
Oct 201602446.193.09$74
Sep 201602841.553.10$87
Aug 201602341.442.92$67
Jul 2016162941.622.92$751
Jun 201602145.352.69$56
May 201605142.521.99$102
Apr 201601336.561.99$26
Mar 201603033.011.79$54
Feb 201602726.472.06$56
Jan 201602427.352.36$57
Dec 201504432.362.00$88
Nov 2015015438.792.17$334
Oct 2015031043.552.43$752
Sep 2015039842.992.76$1,098
Aug 2015053540.162.87$1,537
Jul 2015067448.152.95$1,985
Jun 2015071256.152.88$2,053
May 2015075755.212.96$2,237
Apr 2015099949.822.71$2,704
Mar 20151612,49342.892.93$14,222
Feb 2015095944.662.98$2,854
Jan 201501,12943.433.10$3,501
Dec 201401,08454.693.59$3,893
Nov 201401,00070.464.25$4,252
Oct 201416791978.303.90$16,661
Sep 2014065186.164.05$2,634
Aug 2014038589.394.04$1,554
Jul 201402396.564.18$96
Jun 20140098.164.74$0
May 2014018294.734.73$860
Apr 201401,11595.944.81$5,362
Mar 2014095495.895.06$4,824
Feb 2014093997.406.19$5,814
Jan 201401,09290.404.86$5,308
Dec 201301,10691.824.35$4,816
Nov 201301,08588.853.74$4,056
Oct 2013461,11097.423.78$8,676
Sep 201301,139104.113.72$4,235
Aug 201301,167104.253.52$4,111
Jul 201301,136102.523.72$4,223
Jun 201301,10494.403.93$4,342
May 20131371,16294.834.15$17,813
Apr 2013099293.964.28$4,248
Mar 2013085293.623.91$3,334
Feb 2013076591.233.42$2,616
Jan 2013093491.603.42$3,194
Dec 2012087286.773.42$2,982
Nov 2012087786.953.62$3,179
Oct 2012090489.383.40$3,073
Sep 2012089694.672.92$2,615
Aug 2012092492.662.91$2,687
Jul 2012080885.133.02$2,441
Jun 2012096479.822.52$2,428
May 201201,10691.612.49$2,752
Apr 201201,035101.652.00$2,067
Mar 201201,217105.052.22$2,704
Feb 201201,123101.102.57$2,886
Jan 201201,24098.092.73$3,390
Dec 201102,36596.873.24$7,662
Nov 201101,65295.723.31$5,470
Oct 2011016784.983.65$609
Sep 2011014483.623.99$574
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011020692.904.64$956
May 2011025198.134.40$1,106
Apr 20110304105.964.33$1,317
Mar 2011044696.364.06$1,810
Feb 2011048385.644.18$2,019
Jan 2011072186.504.59$3,309
Dec 2010082885.734.35$3,600
Nov 2010088180.843.80$3,344
Oct 20101491,20678.103.51$15,869
Sep 201001,31472.633.98$5,229
Aug 201001,22673.684.42$5,418
Jul 201001,07672.554.74$5,096
Jun 201001,21370.364.91$5,956
May 201001,54071.124.24$6,522
Apr 201001,48181.694.12$6,106
Mar 20101521,80378.394.39$19,828
Feb 201001,55773.585.44$8,474
Jan 201001,94274.365.96$11,582
Dec 200901,95671.445.48$10,726
Nov 200901,86174.593.75$6,982
Oct 20091441,77572.544.11$17,741
Sep 200901,69265.543.06$5,186
Aug 200902,04567.423.22$6,582
Jul 200902,22061.133.46$7,691
Jun 200902,37366.163.90$9,243
May 200902,42454.743.93$9,516
Apr 200902,76946.773.59$9,934
Mar 20091553,08142.144.06$19,037
Feb 200902,99732.814.63$13,885
Jan 200903,54635.865.37$19,046
Dec 200803,59437.105.98$21,482
Nov 200803,40255.496.86$23,339
Oct 20081563,51475.246.92$36,061
Sep 200803,643101.767.88$28,696
Aug 200803,934114.228.48$33,372
Jul 200804,001131.0811.39$45,569
Jun 200803,961131.3313.03$51,622
May 200804,340123.1711.57$50,232
Apr 20081604,499110.3110.45$64,686
Mar 200804,770101.909.66$46,098
Feb 200804,52892.538.77$39,713
Jan 20081504,93790.388.21$54,069
Dec 200705,34188.337.30$39,000
Nov 200705,46691.677.29$39,856
Oct 200706,09182.856.92$42,162
Sep 20071655,74675.846.24$48,393
Aug 200706,09969.066.39$38,960
Jul 200706,75870.906.39$43,170
Jun 20071546,52662.007.55$58,809
May 200707,13658.747.85$55,991
Apr 2007587,13059.617.81$59,108
Mar 20071507,64656.927.30$64,369
Feb 200706,82855.108.22$56,099
Jan 20071747,93850.306.73$62,150
Dec 200607,81556.656.92$54,068
Nov 20061537,69054.207.62$66,871
Oct 200608,40154.906.01$50,522
Sep 20061638,72360.085.04$53,733
Aug 20061599,44468.717.34$80,243
Jul 200614710,20269.376.34$74,906
Jun 200617510,88266.286.38$81,068
May 200614913,72766.016.42$98,031
Apr 20063159,64464.397.36$91,267
Mar 20060056.707.08$0
Feb 200609,21557.597.75$71,427
Jan 2006015,08860.598.93$134,786
Dec 2005015,71254.9413.42$210,783
Nov 2005012,94454.6910.59$137,056

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.87 =         $0
Gas                   11 Mcf  × $  3.09 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/216686 is the state's own key, not one this site invented.