SHANNON GU 1

Operated by WALLACE OPERATING COMPANY LLC (P-5 102713) in the DOUGLASS, W. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220507District 06Field 258644712 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Apr 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 423 leases and 423 wells, and the rule below applies to all of them.

Discovered
1973-06-01
as the register files it
Field class
Gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: AND NACOGDOCHES, E. (JAMES LIME).

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 Gas112007-05-22171444
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
CondensateDisposition597 bbl$41,663
GasProduction690,733 Mcf$4,227,628
Total$4,269,291

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 31.6581, -94.7079. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65814, -94.70787 · 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
10,620 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 10,620 ft.

1 well

42-34732184210,620 ft

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 (242)

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

242 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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
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 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
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 201730055.423.12$1,663
Oct 20172049.292.98$99
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
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 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150556.152.88$14
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
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 2014062594.734.73$2,954
Apr 201402,66895.944.81$12,831
Mar 201402,80795.895.06$14,194
Feb 201402,42097.406.19$14,985
Jan 201402,72190.404.86$13,226
Dec 201302,86691.824.35$12,480
Nov 201302,55188.853.74$9,536
Oct 201302,78897.423.78$10,537
Sep 201302,827104.113.72$10,510
Aug 201302,930104.253.52$10,321
Jul 201303,023102.523.72$11,239
Jun 201302,91994.403.93$11,482
May 201303,08094.834.15$12,779
Apr 201302,94493.964.28$12,608
Mar 201303,16593.623.91$12,384
Feb 201302,91291.233.42$9,959
Jan 201303,19291.603.42$10,916
Dec 201203,15986.773.42$10,804
Nov 201202,78586.953.62$10,096
Oct 201203,28189.383.40$11,154
Sep 201203,19594.672.92$9,324
Aug 201203,43692.662.91$9,992
Jul 201203,47285.133.02$10,488
Jun 201203,36879.822.52$8,484
May 201203,53391.612.49$8,791
Apr 2012493,315101.652.00$11,600
Mar 201203,630105.052.22$8,066
Feb 201203,455101.102.57$8,880
Jan 201203,75698.092.73$10,269
Dec 201103,74796.873.24$12,139
Nov 201103,77295.723.31$12,490
Oct 201103,82184.983.65$13,941
Sep 201103,75783.623.99$14,975
Aug 201113,89983.404.15$16,262
Jul 201104,03794.144.52$18,236
Jun 201103,45892.904.64$16,045
May 201104,03898.134.40$17,787
Apr 201103,989105.964.33$17,285
Mar 201104,17996.364.06$16,956
Feb 201103,77285.644.18$15,767
Jan 201103,71386.504.59$17,038
Dec 201004,28385.734.35$18,621
Nov 201004,15580.843.80$15,770
Oct 2010594,10978.103.51$19,026
Sep 201003,85972.633.98$15,357
Aug 201004,43673.684.42$19,604
Jul 201004,45272.554.74$21,087
Jun 201014,57170.364.91$22,516
May 201004,99271.124.24$21,142
Apr 201005,02281.694.12$20,704
Mar 201005,36978.394.39$23,563
Feb 201004,98673.585.44$27,136
Jan 201005,51374.365.96$32,880
Dec 200906,19671.445.48$33,977
Nov 200904,35074.593.75$16,319
Oct 200904,12772.544.11$16,963
Sep 200904,15165.543.06$12,722
Aug 200904,29467.423.22$13,820
Jul 200904,79761.133.46$16,619
Jun 200905,47166.163.90$21,310
May 200906,12354.743.93$24,037
Apr 200906,09846.773.59$21,877
Mar 200906,08742.144.06$24,707
Feb 200905,20432.814.63$24,110
Jan 200916,50835.865.37$34,990
Dec 200806,48637.105.98$38,768
Nov 200806,74155.496.86$46,246
Oct 2008917,24275.246.92$56,976
Sep 200816,703101.767.88$52,902
Aug 200807,391114.228.48$62,698
Jul 200837,164131.0811.39$81,987
Jun 200817,375131.3313.03$96,247
May 200817,846123.1711.57$90,935
Apr 200817,794110.3110.45$81,595
Mar 200828,498101.909.66$82,329
Feb 200807,77492.538.77$68,182
Jan 200809,08790.388.21$74,565
Dec 200707,99388.337.30$58,365
Nov 200718,92191.677.29$65,141
Oct 200719,49882.856.92$65,828
Sep 200719,64775.846.24$60,313
Aug 2007110,86569.066.39$69,474
Jul 2007211,17170.906.39$71,501
Jun 2007111,73862.007.55$88,666
May 200711312,43358.747.85$104,190
Apr 2007111,62059.617.81$90,756
Mar 2007213,24756.927.30$96,843
Feb 2007012,64455.108.22$103,883
Jan 2007114,84250.306.73$99,890
Dec 20067814,75856.656.92$106,521
Nov 2006114,51454.207.62$110,614
Oct 2006016,85854.906.01$101,381
Sep 2006118,12060.085.04$91,334
Aug 200614619,83068.717.34$155,582
Jul 2006022,27869.376.34$141,304
Jun 2006024,36966.286.38$155,569
May 2006436,16266.016.42$232,605
Apr 2006046,96164.397.36$345,656

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.

Nov 2017 — as filed, then multipliedworked
Condensate            30 bbl  × $ 55.42 =     $1,663
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,663

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/220507 is the state's own key, not one this site invented.