KENNEDY TRUST

Operated by ADAMAS ENERGY LLC (P-5 103913) in the STOCKMAN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223769District 06Field 862335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$773 k
Nov 2006 – Apr 2026
Value, last 12 filed months
$898
at the published price for each month
Months reported
234
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1976-10-13
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 0 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112008-02-07180560
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
CondensateDisposition392 bbl$34,722
GasProduction103,036 Mcf$738,041
Total$772,763

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 31.7772, -94.2701. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77723, -94.27013 · 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
100.0%
1 of 1 wells
Median depth
9,745 ft
1 wells filed one
Completion to plug
15.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,745 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Aug 2022
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193110019,745 ftNov 2006Aug 2022Yes

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 (234)

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

234 months

Apr 20260098.932.87$0
Mar 202610089.753.15$898
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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170145.373.00$3
Jul 20170143.873.09$3
Jun 20170442.493.09$12
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170346.772.98$9
Feb 201707750.452.95$227
Jan 201704949.413.42$168
Dec 2016012248.763.72$454
Nov 20160142.492.64$3
Oct 201607446.193.09$229
Sep 201608141.553.10$251
Aug 2016010841.442.92$316
Jul 201603341.622.92$97
Jun 20160045.352.69$0
May 20160142.521.99$2
Apr 2016010436.561.99$207
Mar 201604733.011.79$84
Feb 2016014226.472.06$293
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 201503148.152.95$91
Jun 201505656.152.88$161
May 2015011955.212.96$352
Apr 201508849.822.71$238
Mar 2015037242.892.93$1,092
Feb 201505344.662.98$158
Jan 2015012043.433.10$372
Dec 2014017854.693.59$639
Nov 201403070.464.25$128
Oct 2014012278.303.90$476
Sep 2014013786.164.05$554
Aug 2014018389.394.04$738
Jul 2014024696.564.18$1,028
Jun 201402398.164.74$109
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201405795.895.06$288
Feb 2014013297.406.19$817
Jan 20140090.404.86$0
Dec 201309291.824.35$401
Nov 201307388.853.74$273
Oct 2013010197.423.78$382
Sep 2013089104.113.72$331
Aug 2013044104.253.52$155
Jul 2013062102.523.72$231
Jun 201306794.403.93$264
May 201307494.834.15$307
Apr 201309493.964.28$403
Mar 201306293.623.91$243
Feb 2013011891.233.42$404
Jan 201307991.603.42$270
Dec 201208586.773.42$291
Nov 2012011686.953.62$421
Oct 201209289.383.40$313
Sep 201209994.672.92$289
Aug 201206992.662.91$201
Jul 201209985.133.02$299
Jun 201207479.822.52$186
May 201205291.612.49$129
Apr 2012088101.652.00$176
Mar 20120195105.052.22$433
Feb 2012030101.102.57$77
Jan 2012017398.092.73$473
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011026484.983.65$963
Sep 20110083.623.99$0
Aug 201106383.404.15$261
Jul 201108194.144.52$366
Jun 201102492.904.64$111
May 2011015998.134.40$700
Apr 2011012105.964.33$52
Mar 201109496.364.06$381
Feb 201108485.644.18$351
Jan 201105986.504.59$271
Dec 201003585.734.35$152
Nov 201008180.843.80$307
Oct 201007078.103.51$246
Sep 201009272.633.98$366
Aug 2010012773.684.42$561
Jul 2010015272.554.74$720
Jun 2010017970.364.91$879
May 2010017271.124.24$728
Apr 2010113081.694.12$618
Mar 2010014278.394.39$623
Feb 2010014073.585.44$762
Jan 2010016374.365.96$972
Dec 200905471.445.48$296
Nov 200905874.593.75$218
Oct 2009013972.544.11$571
Sep 200904965.543.06$150
Aug 2009011067.423.22$354
Jul 20090061.133.46$0
Jun 2009047166.163.90$1,835
May 200909654.743.93$377
Apr 200904146.773.59$147
Mar 200907142.144.06$288
Feb 2009021132.814.63$978
Jan 2009019235.865.37$1,031
Dec 200804737.105.98$281
Nov 200801,23155.496.86$8,445
Oct 2008047775.246.92$3,302
Sep 2008036101.767.88$284
Aug 20080119114.228.48$1,009
Jul 20080488131.0811.39$5,558
Jun 20080927131.3313.03$12,081
May 200877539123.1711.57$15,723
Apr 20081361110.3110.45$15,013
Mar 2008057101.909.66$551
Feb 200805292.538.77$456
Jan 200801,32990.388.21$10,905
Dec 2007091988.337.30$6,711
Nov 200701,47491.677.29$10,748
Oct 2007040682.856.92$2,810
Sep 2007024375.846.24$1,517
Aug 2007068369.066.39$4,363
Jul 2007056970.906.39$3,635
Jun 200701,15462.007.55$8,711
May 200704,98758.747.85$39,129
Apr 200705,17159.617.81$40,361
Mar 200707,57156.927.30$55,283
Feb 20071687,98455.108.22$74,853
Jan 2007011,67750.306.73$78,549
Dec 2006018,89256.656.92$130,703
Nov 2006027,26654.207.62$207,698

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.

Mar 2026 — as filed, then multipliedworked
Condensate            10 bbl  × $ 89.75 =       $898
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $898

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/223769 is the state's own key, not one this site invented.