ADRIAN

Name: ADRIAN lease production and value, Feb 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KJ ENERGY, LLC (P-5 469901) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227318District 06Field 111835002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.5 M

Feb 2007 – Jan 2017

Value, last 12 filed months

$33 k

at the published price for each month

Months reported

120

no gaps in the span

Streams

condensate, gas

The BRACHFIELD, S.E. (COTTON VALLEY) field

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 382 leases and 382 wells, and the rule below applies to all of them.

Discovered

1981-02-10

as the register files it

Field class

Gas

the register's own label

Between wells

330 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-10-14.

The Commission's schedule remark for this field reads: “API NO. 401-34011.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-10-29	177754
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	8,322 bbl	$679,937
Gas	Production	305,753 Mcf	$1,851,750
Total			$2,531,687

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 32.0275, -94.6552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02754, -94.65515 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,225 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 9,225 ft.

Completions filed

Nov 2016

1 of 1 wells

1 well


42-40134141	1	9,225 ft	Nov 2016	—	Yes

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 (120)

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

120 months


Jan 2017	110	0	49.41	3.42	$5,435
Dec 2016	36	1,334	48.76	3.72	$6,722
Nov 2016	0	73	42.49	2.64	$193
Oct 2016	88	13	46.19	3.09	$4,105
Sep 2016	0	354	41.55	3.10	$1,098
Aug 2016	90	961	41.44	2.92	$6,540
Jul 2016	0	619	41.62	2.92	$1,810
Jun 2016	0	618	45.35	2.69	$1,660
May 2016	0	694	42.52	1.99	$1,382
Apr 2016	0	695	36.56	1.99	$1,384
Mar 2016	0	595	33.01	1.79	$1,067
Feb 2016	0	636	26.47	2.06	$1,312
Jan 2016	0	628	27.35	2.36	$1,485
Dec 2015	0	598	32.36	2.00	$1,197
Nov 2015	0	681	38.79	2.17	$1,476
Oct 2015	0	800	43.55	2.43	$1,941
Sep 2015	0	669	42.99	2.76	$1,845
Aug 2015	69	734	40.16	2.87	$4,879
Jul 2015	0	751	48.15	2.95	$2,212
Jun 2015	0	703	56.15	2.88	$2,027
May 2015	0	715	55.21	2.96	$2,113
Apr 2015	0	701	49.82	2.71	$1,897
Mar 2015	0	795	42.89	2.93	$2,333
Feb 2015	61	650	44.66	2.98	$4,659
Jan 2015	0	781	43.43	3.10	$2,422
Dec 2014	0	785	54.69	3.59	$2,819
Nov 2014	0	815	70.46	4.25	$3,465
Oct 2014	77	802	78.30	3.90	$9,158
Sep 2014	0	798	86.16	4.05	$3,228
Aug 2014	0	755	89.39	4.04	$3,047
Jul 2014	0	846	96.56	4.18	$3,536
Jun 2014	0	828	98.16	4.74	$3,922
May 2014	0	838	94.73	4.73	$3,961
Apr 2014	0	839	95.94	4.81	$4,035
Mar 2014	25	838	95.89	5.06	$6,635
Feb 2014	0	838	97.40	6.19	$5,189
Jan 2014	0	885	90.40	4.86	$4,302
Dec 2013	50	955	91.82	4.35	$8,750
Nov 2013	0	836	88.85	3.74	$3,125
Oct 2013	0	844	97.42	3.78	$3,190
Sep 2013	0	766	104.11	3.72	$2,848
Aug 2013	0	819	104.25	3.52	$2,885
Jul 2013	121	816	102.52	3.72	$15,439
Jun 2013	0	844	94.40	3.93	$3,320
May 2013	0	1,434	94.83	4.15	$5,950
Apr 2013	0	1,385	93.96	4.28	$5,931
Mar 2013	0	1,499	93.62	3.91	$5,865
Feb 2013	157	1,358	91.23	3.42	$18,967
Jan 2013	0	1,479	91.60	3.42	$5,058
Dec 2012	0	1,531	86.77	3.42	$5,236
Nov 2012	0	1,506	86.95	3.62	$5,459
Oct 2012	113	1,503	89.38	3.40	$15,210
Sep 2012	0	1,519	94.67	2.92	$4,433
Aug 2012	0	1,553	92.66	2.91	$4,516
Jul 2012	0	1,205	85.13	3.02	$3,640
Jun 2012	79	1,434	79.82	2.52	$9,918
May 2012	0	1,524	91.61	2.49	$3,792
Apr 2012	76	1,451	101.65	2.00	$10,623
Mar 2012	0	1,325	105.05	2.22	$2,944
Feb 2012	0	1,468	101.10	2.57	$3,773
Jan 2012	68	1,608	98.09	2.73	$11,067
Dec 2011	0	1,622	96.87	3.24	$5,255
Nov 2011	44	1,587	95.72	3.31	$9,467
Oct 2011	0	1,682	84.98	3.65	$6,137
Sep 2011	0	1,758	83.62	3.99	$7,007
Aug 2011	142	1,399	83.40	4.15	$17,648
Jul 2011	0	1,776	94.14	4.52	$8,023
Jun 2011	0	1,822	92.90	4.64	$8,454
May 2011	156	1,864	98.13	4.40	$23,519
Apr 2011	0	1,809	105.96	4.33	$7,839
Mar 2011	49	1,959	96.36	4.06	$12,670
Feb 2011	0	1,780	85.64	4.18	$7,440
Jan 2011	72	2,122	86.50	4.59	$15,965
Dec 2010	0	2,204	85.73	4.35	$9,582
Nov 2010	0	2,181	80.84	3.80	$8,278
Oct 2010	77	2,333	78.10	3.51	$14,200
Sep 2010	0	2,385	72.63	3.98	$9,491
Aug 2010	0	2,463	73.68	4.42	$10,885
Jul 2010	90	2,674	72.55	4.74	$19,195
Jun 2010	86	2,611	70.36	4.91	$18,872
May 2010	0	2,753	71.12	4.24	$11,660
Apr 2010	0	2,798	81.69	4.12	$11,535
Mar 2010	59	2,974	78.39	4.39	$17,677
Feb 2010	88	2,831	73.58	5.44	$21,882
Jan 2010	120	3,289	74.36	5.96	$28,539
Dec 2009	0	110	71.44	5.48	$603
Nov 2009	115	3,688	74.59	3.75	$22,413
Oct 2009	121	3,987	72.54	4.11	$25,165
Sep 2009	237	3,934	65.54	3.06	$27,590
Aug 2009	206	4,076	67.42	3.22	$27,007
Jul 2009	123	4,329	61.13	3.46	$22,517
Jun 2009	257	4,236	66.16	3.90	$33,502
May 2009	142	4,434	54.74	3.93	$25,180
Apr 2009	109	4,088	46.77	3.59	$19,764
Mar 2009	0	4,283	42.14	4.06	$17,385
Feb 2009	217	3,690	32.81	4.63	$24,216
Jan 2009	119	4,886	35.86	5.37	$30,510
Dec 2008	276	5,177	37.10	5.98	$41,183
Nov 2008	0	5,369	55.49	6.86	$36,833
Oct 2008	272	5,707	75.24	6.92	$59,969
Sep 2008	282	5,120	101.76	7.88	$69,027
Aug 2008	526	6,823	114.22	8.48	$117,959
Jul 2008	355	6,956	131.08	11.39	$125,758
Jun 2008	103	6,614	131.33	13.03	$99,725
May 2008	285	7,799	123.17	11.57	$125,371
Apr 2008	300	6,880	110.31	10.45	$105,022
Mar 2008	128	7,402	101.90	9.66	$84,577
Feb 2008	410	7,533	92.53	8.77	$104,006
Jan 2008	390	7,139	90.38	8.21	$93,829
Dec 2007	96	4,223	88.33	7.30	$39,316
Nov 2007	88	4,527	91.67	7.29	$41,076
Oct 2007	99	5,099	82.85	6.92	$43,497
Sep 2007	0	6,218	75.84	6.24	$38,826
Aug 2007	74	6,188	69.06	6.39	$44,639
Jul 2007	177	3,019	70.90	6.39	$31,834
Jun 2007	69	5,204	62.00	7.55	$43,560
May 2007	177	7,297	58.74	7.85	$67,651
Apr 2007	201	10,390	59.61	7.81	$93,078
Mar 2007	165	18,526	56.92	7.30	$144,668
Feb 2007	0	1,799	55.10	8.22	$14,781

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.

Jan 2017 — as filed, then multipliedworked

Condensate           110 bbl  × $ 49.41 =     $5,435
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,435

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/227318 is the state's own key, not one this site invented.